Brown & Brown
236 hedge funds and large institutions have $3.19B invested in Brown & Brown in 2014 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 88 increasing their positions, 91 reducing their positions, and 44 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
24% more call options, than puts
Call options by funds: $84K | Put options by funds: $68K
3.79% more ownership
Funds ownership: 138.72% → 142.51% (+3.8%)
1% more capital invested
Capital invested by funds: $3.17B → $3.19B (+$20.3M)
3% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 91
9% less funds holding
Funds holding: 259 → 236 (-23)
41% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$97.1M |
| 2 |
State Street
Boston,
Massachusetts
|
+$84.2M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$75.6M |
| 4 |
ClearBridge Investments
New York
|
+$35.5M |
| 5 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
+$22.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$50.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$34.2M |
| 3 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$33M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$27.5M |
| 5 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$25.2M |
BRO Hedge Fund Activity: Q1 2014 in Review
236 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q1 2014, worth a combined $3.19B — up 0.64% from $3.17B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of BRO and 26 opened new positions — a net loss of 18 holders — while 91 trimmed existing stakes and 88 added.
The largest buyer was Diamond Hill Capital Management, opening a new position worth an estimated $97.1M. The largest seller was Kalmar Investments, exiting entirely with an estimated $50.8M sold.
- 236 institutional investors held Brown & Brown (BRO) as of Q1 2014, down from 259 in Q4 2013.
- Funds reported $3.19B of Brown & Brown stock for Q1 2014, up 0.64% quarter-over-quarter.
- 26 funds opened new Brown & Brown positions in Q1 2014 and 44 closed out, a net change of -18 holders.
- The largest Brown & Brown buyer in Q1 2014 was Diamond Hill Capital Management, an estimated $97.1M added.
- The largest Brown & Brown seller in Q1 2014 was Kalmar Investments, an estimated $50.8M sold.
Based on aggregated 13F filings for Q1 2014.