Brown & Brown
233 hedge funds and large institutions have $3.21B invested in Brown & Brown in 2015 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 83 increasing their positions, 78 reducing their positions, and 20 closing their positions.
100% more call options, than puts
Call options by funds: $4K | Put options by funds: $2K
50% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 20
4% more funds holding
Funds holding: 224 → 233 (+9)
6% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 78
2% more capital invested
Capital invested by funds: $3.13B → $3.21B (+$72M)
1.96% less ownership
Funds ownership: 143.63% → 141.67% (-2%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$27.1M |
| 2 |
Lazard Asset Management
New York
|
+$13.1M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$7.97M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.58M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$7.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$37.9M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$22.1M |
| 3 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
-$17.9M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$16.5M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$12.9M |
BRO Hedge Fund Activity: Q4 2015 in Review
233 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q4 2015, worth a combined $3.21B — up 2.3% from $3.13B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BRO positions and 20 closed out — a net gain of 10 holders — while 83 added to existing stakes and 78 trimmed.
The largest buyer was Clarkston Capital Partners, adding an estimated $27.1M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $37.9M.
- 233 institutional investors held Brown & Brown (BRO) as of Q4 2015, up from 224 in Q3 2015.
- Funds reported $3.21B of Brown & Brown stock for Q4 2015, up 2.3% quarter-over-quarter.
- 30 funds opened new Brown & Brown positions in Q4 2015 and 20 closed out, a net change of +10 holders.
- The largest Brown & Brown buyer in Q4 2015 was Clarkston Capital Partners, an estimated $27.1M added.
- The largest Brown & Brown seller in Q4 2015 was Ruane, Cunniff & Goldfarb, an estimated $37.9M sold.
Based on aggregated 13F filings for Q4 2015.