We are live on ! Find out more
BRO icon

Brown & Brown
BRO

231 hedge funds and large institutions have $3.29B invested in Brown & Brown in 2014 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 78 increasing their positions, 88 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 25

7% more capital invested

Capital invested by funds: $3.07B → $3.29B (+$215M)

3.42% more ownership

Funds ownership: 137.98% → 141.4% (+3.4%)

0% more funds holding

Funds holding: 231 → 231 (0)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

11% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 88

Holders
231
Holders Change
–
Holders Change %
0%
% of All Funds
6.7%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
28
Increased
78
Reduced
88
Closed
25
Calls
$180K
Puts
–
Net Calls
+$180K
Net Calls Change
+$108K

Top Buyers

Rank Fund Capital Flow
1
MA
Marshfield Associates
District of Columbia
+$51.7M
2
First Eagle Investment Management
First Eagle Investment Management
New York
+$46.9M
3
Victory Capital Management
Victory Capital Management
Texas
+$38.1M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$30M
5
Invesco
Invesco
Georgia
+$24.4M

Top Sellers

Rank Fund Capital Flow
1
VFA
Virtus Fund Advisers
Connecticut
-$36.4M
2
Citadel Advisors
Citadel Advisors
Florida
-$34.1M
3
Norges Bank
Norges Bank
Norway
-$28.4M
4
ClearBridge Investments
ClearBridge Investments
New York
-$27.4M
5
ESCM
Echo Street Capital Management
New York
-$21.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
PP
101
Prospector Partners
Connecticut
$2.91M +$111K +7,000 +4%
State of Wisconsin Investment Board
102
State of Wisconsin Investment Board
Wisconsin
$2.85M +$19K +1,200 +0.7%
MAA
103
Managed Account Advisors
New Jersey
$2.84M +$156K +9,884 +6%
LOAMS
104
Lombard Odier Asset Management (Switzerland)
Switzerland
$2.83M +$2.77M +175,022 New
Comerica Bank
105
Comerica Bank
Texas
$2.82M +$42.4K +2,680 +2%
TA
106
Teachers Advisors
New York
$2.74M +$128K +8,100 +5%
Renaissance Technologies
107
Renaissance Technologies
New York
$2.7M +$2.66M +168,200 New
Prudential Financial
108
Prudential Financial
New Jersey
$2.68M -$722K -45,606 -21%
ProShare Advisors
109
ProShare Advisors
Maryland
$2.6M +$154K +9,708 +6%
Federated Hermes
110
Federated Hermes
Pennsylvania
$2.44M -$88.2K -5,572 -4%
ASRS
111
Arizona State Retirement System
Arizona
$2.41M -$91.8K -5,800 -4%
MOACM
112
Mutual of America Capital Management
New York
$2.36M -$1.84K -116 -0.1%
EAM
113
EULAV Asset Management
Florida
$2.35M – – –
KeyBank National Association
114
KeyBank National Association
Ohio
$2.27M +$1.84M +116,022 +456%
Lord, Abbett & Co
115
Lord, Abbett & Co
New Jersey
$2.15M -$193K -12,200 -8%
Two Sigma Investments
116
Two Sigma Investments
New York
$2.06M -$13.2M -834,398 -87%
MAM
117
Martingale Asset Management
Massachusetts
$2.02M +$4.59K +290 +0.2%
PI
118
Placemark Investments
Illinois
$1.97M +$514K +32,436 +36%
FMC
119
First Merchants Corp
Indiana
$1.93M +$240K +15,186 +15%
T. Rowe Price Associates
120
T. Rowe Price Associates
Maryland
$1.91M – – –
PPA
121
Parametric Portfolio Associates
Washington
$1.86M +$8.42K +532 +0.5%
Stifel Financial
122
Stifel Financial
Missouri
$1.82M -$5.32M -335,802 -75%
SOMRS
123
State of Michigan Retirement System
Michigan
$1.81M +$6.33K +400 +0.4%
SFM
124
Soros Fund Management
New York
$1.61M +$1.58M +100,000 New
Susquehanna International Group
125
Susquehanna International Group
Pennsylvania
$1.59M -$1.58M -100,000 -50%
3 4
5
6 7

BRO Hedge Fund Activity: Q3 2014 in Review

231 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q3 2014, worth a combined $3.29B — up 7% from $3.07B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new BRO positions and 25 closed out — a net gain of 3 holders — while 78 added to existing stakes and 88 trimmed.

The largest buyer was Marshfield Associates, opening a new position worth an estimated $51.7M. The largest seller was Virtus Fund Advisers, cutting an estimated $36.4M.

  • 231 institutional investors held Brown & Brown (BRO) as of Q3 2014, unchanged from Q2 2014.
  • Funds reported $3.29B of Brown & Brown stock for Q3 2014, up 7% quarter-over-quarter.
  • 28 funds opened new Brown & Brown positions in Q3 2014 and 25 closed out, a net change of +3 holders.
  • The largest Brown & Brown buyer in Q3 2014 was Marshfield Associates, an estimated $51.7M added.
  • The largest Brown & Brown seller in Q3 2014 was Virtus Fund Advisers, an estimated $36.4M sold.

Based on aggregated 13F filings for Q3 2014.