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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
JP Morgan Chase
76
JP Morgan Chase
New York
$6.54M -$218K -7,644 -3%
MOACM
77
Mutual of America Capital Management
New York
$6.49M -$81.4K -2,849 -1%
Thrivent Financial for Lutherans
78
Thrivent Financial for Lutherans
Minnesota
$6.26M -$10.9M -383,145 -64%
PCM
79
Prana Capital Management
Connecticut
$6.12M +$5.94M +207,912 New
Natixis Advisors
80
Natixis Advisors
Massachusetts
$5.97M +$40K +1,399 +0.7%
VDI
81
Vaughan David Investments
Illinois
$5.9M
Russell Investments Group
82
Russell Investments Group
United Kingdom
$5.52M -$3.41M -119,557 -39%
Canada Life
83
Canada Life
Manitoba, Canada
$5.45M -$96.2K -3,368 -2%
BTS
84
BB&T Securities
Virginia
$5.02M +$1.11M +38,930 +30%
State of Tennessee, Department of Treasury
85
State of Tennessee, Department of Treasury
Tennessee
$5.02M -$2.86M -100,000 -37%
Credit Agricole
86
Credit Agricole
France
$4.92M -$762K -26,670 -14%
ASRS
87
Arizona State Retirement System
Arizona
$4.92M -$46.9K -1,644 -1%
PNC
88
Park National Corp
Ohio
$4.66M -$34.3K -1,200 -0.8%
TPSF
89
Texas Permanent School Fund
Texas
$4.65M +$118K +4,144 +3%
JG
90
Jefferies Group
New York
$4.47M +$3.88M +135,935 +879%
Comerica Bank
91
Comerica Bank
Texas
$4.44M -$102K -3,555 -2%
Man Group
92
Man Group
United Kingdom
$4.32M -$113K -3,945 -3%
MIM
93
MetLife Investment Management
New Jersey
$4.18M -$42.8K -1,500 -1%
Morgan Stanley
94
Morgan Stanley
New York
$4.17M -$1.44M -50,461 -26%
Prudential Financial
95
Prudential Financial
New Jersey
$4.03M -$833K -29,170 -18%
Los Angeles Capital Management
96
Los Angeles Capital Management
California
$3.85M -$571 -20 -0%
MSA
97
Mason Street Advisors
Wisconsin
$3.64M +$17K +596 +0.5%
OAC
98
OMERS Administration Corp
Ontario, Canada
$3.6M +$3.37M +117,900 New
Truist Financial
99
Truist Financial
North Carolina
$3.6M -$61K -2,135 -2%
ERSOT
100
Employees Retirement System of Texas
Texas
$3.57M

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.