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Brown & Brown

268 hedge funds and large institutions have $4.38B invested in Brown & Brown in 2017 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 109 increasing their positions, 91 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 20

20% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 91

3% more funds holding

Funds holding: 261268 (+7)

4% more capital invested

Capital invested by funds: $4.23B → $4.38B (+$152M)

0.46% more ownership

Funds ownership: 144.49%144.94% (+0.46%)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
268
Holders Change
+7
Holders Change %
+2.68%
% of All Funds
6.68%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.15%
New
28
Increased
109
Reduced
91
Closed
20
Calls
$241K
Puts
Net Calls
+$241K
Net Calls Change
+$241K
Name Holding Trade Value Shares
Change
Change in
Stake
NC
76
Nicholas Company
Wisconsin
$4.85M -$22.9K -1,070 -0.5%
BNP Paribas Financial Markets
77
BNP Paribas Financial Markets
France
$4.82M +$3.26M +151,876 +211%
State of Tennessee, Department of Treasury
78
State of Tennessee, Department of Treasury
Tennessee
$4.74M +$429K +20,000 +10%
MLICM
79
Metropolitan Life Insurance Company (MetLife)
New York
$4.67M +$43.6K +2,032 +0.9%
WI
80
WBI Investments
New Jersey
$4.52M +$2.14M +100,052 +91%
UBS AM
81
UBS AM
Illinois
$4.45M +$545K +25,414 +14%
VDI
82
Vaughan David Investments
Illinois
$4.31M
MOACM
83
Mutual of America Capital Management
New York
$4.28M +$108K +5,036 +3%
Canada Life
84
Canada Life
Manitoba, Canada
$4.18M +$24.4K +1,140 +0.6%
Stifel Financial
85
Stifel Financial
Missouri
$4.07M +$600 +28 +0%
PNC
86
Park National Corp
Ohio
$4.07M -$25.7K -1,200 -0.6%
AllianceBernstein
87
AllianceBernstein
Tennessee
$4.04M -$3.72M -173,654 -48%
HSBC Holdings
88
HSBC Holdings
United Kingdom
$4M +$93.3K +4,352 +2%
Comerica Bank
89
Comerica Bank
Texas
$3.99M +$33.1K +1,544 +0.9%
TD Asset Management
90
TD Asset Management
Ontario, Canada
$3.73M -$249K -11,600 -6%
PPA
91
Parametric Portfolio Associates
Washington
$3.72M +$34.5K +1,610 +0.9%
Canada Pension Plan Investment Board
92
Canada Pension Plan Investment Board
Ontario, Canada
$3.71M +$3.69M +172,200 New
TPSF
93
Texas Permanent School Fund
Texas
$3.62M +$37.3K +1,738 +1%
Russell Investments Group
94
Russell Investments Group
United Kingdom
$3.61M +$199K +9,304 +6%
AQR Capital Management
95
AQR Capital Management
Connecticut
$3.48M +$2.92M +135,992 +532%
Truist Financial
96
Truist Financial
North Carolina
$3.19M -$96.5K -4,502 -3%
Aviva
97
Aviva
United Kingdom
$3.18M +$3K +140 +0.1%
RA
98
Royce & Associates
New York
$2.87M -$55.7K -2,600 -2%
IIC
99
Ironwood Investment Counsel
Arizona
$2.75M +$731K +34,092 +50%
AIM
100
Assured Investment Management
New York
$2.71M +$900K +41,988 +50%

BRO Hedge Fund Activity: Q2 2017 in Review

268 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2017, worth a combined $4.38B — up 3.6% from $4.23B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new BRO positions and 20 closed out — a net gain of 8 holders — while 109 added to existing stakes and 91 trimmed.

The largest buyer was Select Equity Group, adding an estimated $94.2M. The largest seller was Citadel Advisors, cutting an estimated $58.8M.

  • 268 institutional investors held Brown & Brown (BRO) as of Q2 2017, up from 261 in Q1 2017.
  • Funds reported $4.38B of Brown & Brown stock for Q2 2017, up 3.6% quarter-over-quarter.
  • 28 funds opened new Brown & Brown positions in Q2 2017 and 20 closed out, a net change of +8 holders.
  • The largest Brown & Brown buyer in Q2 2017 was Select Equity Group, an estimated $94.2M added.
  • The largest Brown & Brown seller in Q2 2017 was Citadel Advisors, an estimated $58.8M sold.

Based on aggregated 13F filings for Q2 2017.