Brown & Brown
229 hedge funds and large institutions have $3.33B invested in Brown & Brown in 2015 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 79 increasing their positions, 89 reducing their positions, and 24 closing their positions.
0.03% more ownership
Funds ownership: 144.04% → 144.07% (+0.03%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $3.42B → $3.33B (-$86.1M)
4% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 24
1% less funds holding
Funds holding: 232 → 229 (-3)
11% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 89
27% less call options, than puts
Call options by funds: $115K | Put options by funds: $158K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
+$103M |
| 2 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$61.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$27.5M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$11.9M |
| 5 |
Select Equity Group
New York
|
+$7.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$71.1M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$57.8M |
| 3 |
MA
Marshfield Associates
Washington,
District of Columbia
|
-$30.3M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$29M |
| 5 |
Janus Henderson Group
London,
|
-$24.7M |
BRO Hedge Fund Activity: Q2 2015 in Review
229 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2015, worth a combined $3.33B — down 2.5% from $3.42B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BRO and 23 opened new positions — a net loss of 1 holder — while 89 trimmed existing stakes and 79 added.
The largest buyer was First Eagle Investment Management, adding an estimated $103M. The largest seller was Ameriprise, cutting an estimated $71.1M.
- 229 institutional investors held Brown & Brown (BRO) as of Q2 2015, down from 232 in Q1 2015.
- Funds reported $3.33B of Brown & Brown stock for Q2 2015, down 2.5% quarter-over-quarter.
- 23 funds opened new Brown & Brown positions in Q2 2015 and 24 closed out, a net change of -1 holder.
- The largest Brown & Brown buyer in Q2 2015 was First Eagle Investment Management, an estimated $103M added.
- The largest Brown & Brown seller in Q2 2015 was Ameriprise, an estimated $71.1M sold.
Based on aggregated 13F filings for Q2 2015.