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Brown & Brown

321 hedge funds and large institutions have $5.96B invested in Brown & Brown in 2019 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 101 increasing their positions, 117 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more capital invested

Capital invested by funds: $5.48B → $5.96B (+$481M)

9% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 34

0% more funds holding

Funds holding: 320321 (+1)

0.22% more ownership

Funds ownership: 71.57%71.79% (+0.22%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

14% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 117

Holders
321
Holders Change
+1
Holders Change %
+0.31%
% of All Funds
6.95%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
37
Increased
101
Reduced
117
Closed
34
Calls
$5.04M
Puts
Net Calls
+$5.04M
Net Calls Change
+$5.05M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
51
UBS AM
Illinois
$13.7M +$4.06M +142,225 +44%
BTW
52
Boston Trust Walden
Massachusetts
$13.5M +$345K +12,089 +3%
Mackenzie Financial
53
Mackenzie Financial
Ontario, Canada
$13.4M -$188K -6,591 -1%
First Trust Advisors
54
First Trust Advisors
Illinois
$13.3M +$1.86M +65,249 +17%
Swiss National Bank
55
Swiss National Bank
Switzerland
$12.9M +$511K +17,900 +4%
Janus Henderson Group
56
Janus Henderson Group
United Kingdom
$12.6M -$157K -5,499 -1%
Allianz Asset Management
57
Allianz Asset Management
Germany
$12.5M -$477K -16,708 -4%
ProShare Advisors
58
ProShare Advisors
Maryland
$12.4M +$1.85M +64,741 +18%
Manulife (Manufacturers Life Insurance)
59
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$11.2M -$460K -16,097 -4%
California State Teachers Retirement System (CalSTRS)
60
California State Teachers Retirement System (CalSTRS)
California
$10.8M -$219K -7,659 -2%
Lazard Asset Management
61
Lazard Asset Management
New York
$10.8M -$218K -7,620 -2%
DekaBank Deutsche Girozentrale
62
DekaBank Deutsche Girozentrale
Germany
$10.8M +$491K +17,200 +5%
New York State Teachers Retirement System (NYSTRS)
63
New York State Teachers Retirement System (NYSTRS)
New York
$10.5M -$45.7K -1,600 -0.4%
State Board of Administration of Florida Retirement System
64
State Board of Administration of Florida Retirement System
Florida
$10.3M -$21.7K -760 -0.2%
MAM
65
Martingale Asset Management
Massachusetts
$9.56M -$4.22M -147,730 -31%
PC
66
PhiloSmith Capital
Connecticut
$9.48M
TA
67
Teachers Advisors
New York
$9.45M -$1.74M -60,926 -16%
CS
68
Credit Suisse
Switzerland
$8.84M -$651K -22,796 -7%
WCM Investment Management
69
WCM Investment Management
California
$8.83M -$235K -8,230 -3%
PPA
70
Parametric Portfolio Associates
Washington
$8.6M +$248K +8,673 +3%
AAMU
71
Amundi Asset Management US
Massachusetts
$8.15M +$7.89M +276,149 New
Deutsche Bank
72
Deutsche Bank
Germany
$8.05M -$7.65M -267,941 -50%
Bank of Montreal
73
Bank of Montreal
Ontario, Canada
$7.46M +$196K +6,876 +3%
Stifel Financial
74
Stifel Financial
Missouri
$6.82M +$155K +5,415 +2%
NC
75
Nicholas Company
Wisconsin
$6.61M -$4K -140 -0.1%

BRO Hedge Fund Activity: Q1 2019 in Review

321 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q1 2019, worth a combined $5.96B — up 8.8% from $5.48B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new BRO positions and 34 closed out — a net gain of 3 holders — while 101 added to existing stakes and 117 trimmed.

The largest buyer was NN Investment Partners Holdings, opening a new position worth an estimated $117M. The largest seller was Victory Capital Management, cutting an estimated $42.1M.

  • 321 institutional investors held Brown & Brown (BRO) as of Q1 2019, up from 320 in Q4 2018.
  • Funds reported $5.96B of Brown & Brown stock for Q1 2019, up 8.8% quarter-over-quarter.
  • 37 funds opened new Brown & Brown positions in Q1 2019 and 34 closed out, a net change of +3 holders.
  • The largest Brown & Brown buyer in Q1 2019 was NN Investment Partners Holdings, an estimated $117M added.
  • The largest Brown & Brown seller in Q1 2019 was Victory Capital Management, an estimated $42.1M sold.

Based on aggregated 13F filings for Q1 2019.