Brown & Brown
224 hedge funds and large institutions have $3.13B invested in Brown & Brown in 2015 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 82 increasing their positions, 82 reducing their positions, and 24 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
0% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 82
0.45% less ownership
Funds ownership: 144.07% → 143.63% (-0.45%)
2% less funds holding
Funds holding: 229 → 224 (-5)
6% less capital invested
Capital invested by funds: $3.33B → $3.13B (-$201M)
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
90% less call options, than puts
Call options by funds: $9K | Put options by funds: $86K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$36.5M |
| 2 |
First Eagle Investment Management
New York
|
+$11.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$11.4M |
| 4 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$10.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$26.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$22M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$11.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$9.11M |
| 5 |
Select Equity Group
New York
|
-$7.04M |
BRO Hedge Fund Activity: Q3 2015 in Review
224 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q3 2015, worth a combined $3.13B — down 6% from $3.33B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of BRO and 20 opened new positions — a net loss of 4 holders — while 82 trimmed existing stakes and 82 added.
The largest buyer was Hotchkis & Wiley Capital Management, adding an estimated $36.5M. The largest seller was Findlay Park Partners, cutting an estimated $26.1M.
- 224 institutional investors held Brown & Brown (BRO) as of Q3 2015, down from 229 in Q2 2015.
- Funds reported $3.13B of Brown & Brown stock for Q3 2015, down 6% quarter-over-quarter.
- 20 funds opened new Brown & Brown positions in Q3 2015 and 24 closed out, a net change of -4 holders.
- The largest Brown & Brown buyer in Q3 2015 was Hotchkis & Wiley Capital Management, an estimated $36.5M added.
- The largest Brown & Brown seller in Q3 2015 was Findlay Park Partners, an estimated $26.1M sold.
Based on aggregated 13F filings for Q3 2015.