Brown & Brown
435 hedge funds and large institutions have $8.98B invested in Brown & Brown in 2020 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 137 increasing their positions, 158 reducing their positions, and 37 closing their positions.
51% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 37
25% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $1.11M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
8% more capital invested
Capital invested by funds: $8.3B → $8.98B (+$680M)
4% more funds holding
Funds holding: 417 → 435 (+18)
1.63% less ownership
Funds ownership: 72.05% → 70.42% (-1.6%)
13% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 158
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$19.1M |
| 2 |
Select Equity Group
New York
|
+$14.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$11.3M |
| 5 |
MSE
MUFG Securities EMEA
London,
United Kingdom
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$56.5M |
| 2 |
BlackRock
New York
|
-$43M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$27.3M |
| 4 |
State Street
Boston,
Massachusetts
|
-$24.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$23.1M |
BRO Hedge Fund Activity: Q3 2020 in Review
435 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q3 2020, worth a combined $8.98B — up 8.2% from $8.3B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new BRO positions and 37 closed out — a net gain of 19 holders — while 137 added to existing stakes and 158 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $19.1M. The largest seller was Vanguard Group, cutting an estimated $56.5M.
- 435 institutional investors held Brown & Brown (BRO) as of Q3 2020, up from 417 in Q2 2020.
- Funds reported $8.98B of Brown & Brown stock for Q3 2020, up 8.2% quarter-over-quarter.
- 56 funds opened new Brown & Brown positions in Q3 2020 and 37 closed out, a net change of +19 holders.
- The largest Brown & Brown buyer in Q3 2020 was Balyasny Asset Management, an estimated $19.1M added.
- The largest Brown & Brown seller in Q3 2020 was Vanguard Group, an estimated $56.5M sold.
Based on aggregated 13F filings for Q3 2020.