Brown & Brown
238 hedge funds and large institutions have $3.86B invested in Brown & Brown in 2016 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 112 increasing their positions, 68 reducing their positions, and 19 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 68
16% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 19
5% more capital invested
Capital invested by funds: $3.68B → $3.86B (+$175M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% less funds holding
Funds holding: 239 → 238 (-1)
1.43% less ownership
Funds ownership: 148.55% → 147.12% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$29.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$26.8M |
| 3 |
Goldman Sachs
New York
|
+$17.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.6M |
| 5 |
Los Angeles Capital Management
Los Angeles,
California
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCG
Ruane, Cunniff & Goldfarb
New York
|
-$47.8M |
| 2 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$25.6M |
| 3 |
WIM
Weitz Investment Management
Omaha,
Nebraska
|
-$25M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$12.7M |
| 5 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
-$9.51M |
BRO Hedge Fund Activity: Q2 2016 in Review
238 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2016, worth a combined $3.86B — up 4.7% from $3.68B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BRO positions and 19 closed out — a net gain of 3 holders — while 112 added to existing stakes and 68 trimmed.
The largest buyer was Thompson Siegel & Walmsley, opening a new position worth an estimated $29.5M. The largest seller was Ruane, Cunniff & Goldfarb, cutting an estimated $47.8M.
- 238 institutional investors held Brown & Brown (BRO) as of Q2 2016, down from 239 in Q1 2016.
- Funds reported $3.86B of Brown & Brown stock for Q2 2016, up 4.7% quarter-over-quarter.
- 22 funds opened new Brown & Brown positions in Q2 2016 and 19 closed out, a net change of +3 holders.
- The largest Brown & Brown buyer in Q2 2016 was Thompson Siegel & Walmsley, an estimated $29.5M added.
- The largest Brown & Brown seller in Q2 2016 was Ruane, Cunniff & Goldfarb, an estimated $47.8M sold.
Based on aggregated 13F filings for Q2 2016.