Brown & Brown
320 hedge funds and large institutions have $5.02B invested in Brown & Brown in 2018 Q1 according to their latest regulatory filings, with 50 funds opening new positions, 103 increasing their positions, 124 reducing their positions, and 18 closing their positions.
426% more call options, than puts
Call options by funds: $5.33M | Put options by funds: $1.01M
178% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 18
10% more funds holding
Funds holding: 291 → 320 (+29)
0.01% less ownership
Funds ownership: 142.97% → 142.95% (-0.01%)
2% less capital invested
Capital invested by funds: $5.13B → $5.02B (-$105M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
17% less repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 124
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$49.2M |
| 2 |
Select Equity Group
New York
|
+$28.1M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$27.4M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$25.9M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$23.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$71.5M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$65.4M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$40.3M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$30.3M |
| 5 |
Millennium Management
New York
|
-$28.7M |
BRO Hedge Fund Activity: Q1 2018 in Review
320 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q1 2018, worth a combined $5.02B — down 2% from $5.13B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new BRO positions and 18 closed out — a net gain of 32 holders — while 103 added to existing stakes and 124 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $49.2M. The largest seller was Citadel Advisors, cutting an estimated $71.5M.
- 320 institutional investors held Brown & Brown (BRO) as of Q1 2018, up from 291 in Q4 2017.
- Funds reported $5.02B of Brown & Brown stock for Q1 2018, down 2% quarter-over-quarter.
- 50 funds opened new Brown & Brown positions in Q1 2018 and 18 closed out, a net change of +32 holders.
- The largest Brown & Brown buyer in Q1 2018 was Renaissance Technologies, an estimated $49.2M added.
- The largest Brown & Brown seller in Q1 2018 was Citadel Advisors, an estimated $71.5M sold.
Based on aggregated 13F filings for Q1 2018.