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Brown & Brown

231 hedge funds and large institutions have $3.07B invested in Brown & Brown in 2014 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 83 increasing their positions, 88 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

212% more call options, than puts

Call options by funds: $106K | Put options by funds: $34K

3% less capital invested

Capital invested by funds: $3.18B → $3.07B (-$110M)

6% less repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 88

2% less funds holding

Funds holding: 236231 (-5)

4.53% less ownership

Funds ownership: 142.51%137.98% (-4.5%)

14% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 29

50% less funds holding in top 10

Funds holding in top 10: 42 (-2)

Holders
231
Holders Change
-5
Holders Change %
-2.12%
% of All Funds
6.64%
Holding in Top 10
2
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-50%
% of All Funds
0.06%
New
25
Increased
83
Reduced
88
Closed
29
Calls
$106K
Puts
$34K
Net Calls
+$72K
Net Calls Change
+$56K
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
76
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.73M -$644K -42,846 -12%
Deutsche Bank
77
Deutsche Bank
Germany
$4.71M +$354K +23,530 +8%
BCM
78
Buckhead Capital Management
Georgia
$4.58M -$1.45M -96,240 -24%
Retirement Systems of Alabama
79
Retirement Systems of Alabama
Alabama
$4.57M -$1.77K -118 -0%
LMGAM
80
Liberty Mutual Group Asset Management
Massachusetts
$4.51M +$9.17K +610 +0.2%
AQR Capital Management
81
AQR Capital Management
Connecticut
$4.47M -$818K -54,400 -16%
FIM
82
Foresters Investment Management
New York
$4.46M +$24K +1,600 +0.6%
Swiss National Bank
83
Swiss National Bank
Switzerland
$4.23M
Bank of America
84
Bank of America
North Carolina
$4.2M -$815K -54,204 -17%
BlackRock
85
BlackRock
New York
$4.09M -$78.4K -5,218 -2%
JP Morgan Chase
86
JP Morgan Chase
New York
$4.08M +$554K +36,870 +16%
Canada Life
87
Canada Life
Manitoba, Canada
$3.91M
TPSF
88
Texas Permanent School Fund
Texas
$3.69M -$5.71K -380 -0.2%
NC
89
Nicholas Company
Wisconsin
$3.56M -$335K -22,290 -9%
Capital Fund Management (CFM)
90
Capital Fund Management (CFM)
France
$3.5M -$1.13M -75,298 -25%
NCM
91
Nelson Capital Management
California
$3.4M +$119K +7,908 +4%
Prudential Financial
92
Prudential Financial
New Jersey
$3.26M +$301K +20,006 +10%
1IC
93
1919 Investment Counsel
Maryland
$3.23M -$9.77K -650 -0.3%
VAM
94
Visium Asset Management
New York
$3.2M +$3.14M +208,640 New
AllianceBernstein
95
AllianceBernstein
Tennessee
$3.17M +$260K +17,298 +9%
UBS AM
96
UBS AM
Illinois
$3.11M +$15K +1,000 +0.5%
VDI
97
Vaughan David Investments
Illinois
$3.07M
MLICM
98
Metropolitan Life Insurance Company (MetLife)
New York
$3.07M -$55.4K -3,684 -2%
Susquehanna International Group
99
Susquehanna International Group
Pennsylvania
$3.06M -$412K -27,442 -12%
GL
100
GLG LLC
New York
$3M

BRO Hedge Fund Activity: Q2 2014 in Review

231 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2014, worth a combined $3.07B — down 3.5% from $3.18B a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of BRO and 25 opened new positions — a net loss of 4 holders — while 88 trimmed existing stakes and 83 added.

The largest buyer was Altrinsic Global Advisors, adding an estimated $58M. The largest seller was T. Rowe Price Associates, cutting an estimated $109M.

  • 231 institutional investors held Brown & Brown (BRO) as of Q2 2014, down from 236 in Q1 2014.
  • Funds reported $3.07B of Brown & Brown stock for Q2 2014, down 3.5% quarter-over-quarter.
  • 25 funds opened new Brown & Brown positions in Q2 2014 and 29 closed out, a net change of -4 holders.
  • The largest Brown & Brown buyer in Q2 2014 was Altrinsic Global Advisors, an estimated $58M added.
  • The largest Brown & Brown seller in Q2 2014 was T. Rowe Price Associates, an estimated $109M sold.

Based on aggregated 13F filings for Q2 2014.