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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
PNC
101
Park National Corp
Ohio
$2.97M +$53.3K +3,544 +2%
SMM
102
Stadion Money Management
Georgia
$2.92M -$82.7K -5,500 -3%
Nomura Holdings
103
Nomura Holdings
Japan
$2.84M +$2.78M +185,236 New
State of Wisconsin Investment Board
104
State of Wisconsin Investment Board
Wisconsin
$2.71M +$117K +7,760 +5%
PP
105
Prospector Partners
Connecticut
$2.67M +$2.61M +173,800 New
Comerica Bank
106
Comerica Bank
Texas
$2.65M -$268K -17,820 -9%
MAA
107
Managed Account Advisors
New Jersey
$2.56M +$94.8K +6,304 +4%
Morgan Stanley
108
Morgan Stanley
New York
$2.53M -$324K -21,534 -12%
TA
109
Teachers Advisors
New York
$2.49M +$208K +13,860 +9%
Federated Hermes
110
Federated Hermes
Pennsylvania
$2.42M -$58.9K -3,918 -2%
ASRS
111
Arizona State Retirement System
Arizona
$2.39M +$45.1K +3,000 +2%
ProShare Advisors
112
ProShare Advisors
Maryland
$2.34M +$1.25M +83,326 +121%
MOACM
113
Mutual of America Capital Management
New York
$2.26M -$43.2K -2,876 -2%
SCM
114
Stux Capital Management
New York
$2.25M -$523K -34,800 -19%
EAM
115
EULAV Asset Management
Florida
$2.24M
Lord, Abbett & Co
116
Lord, Abbett & Co
New Jersey
$2.24M -$9.02K -600 -0.4%
State of Tennessee, Department of Treasury
117
State of Tennessee, Department of Treasury
Tennessee
$2.15M -$637K -42,400 -23%
MAM
118
Martingale Asset Management
Massachusetts
$1.92M -$2.82M -187,288 -60%
Invesco
119
Invesco
Georgia
$1.88M +$381K +25,352 +26%
BACM
120
Blue Arrow Capital Management
New York
$1.85M +$1.81M +120,686 New
RFC
121
Russell Frank Company
Washington
$1.85M -$8.13M -540,652 -82%
T. Rowe Price Associates
122
T. Rowe Price Associates
Maryland
$1.82M -$109M -7,260,520 -98%
CIC
123
Crawford Investment Counsel
Georgia
$1.77M +$213K +14,160 +14%
PPA
124
Parametric Portfolio Associates
Washington
$1.77M +$121K +8,068 +8%
SOMRS
125
State of Michigan Retirement System
Michigan
$1.72M -$3.01K -200 -0.2%

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.