Brown & Brown
268 hedge funds and large institutions have $4.38B invested in Brown & Brown in 2017 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 109 increasing their positions, 91 reducing their positions, and 20 closing their positions.
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
20% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 91
3% more funds holding
Funds holding: 261 → 268 (+7)
4% more capital invested
Capital invested by funds: $4.23B → $4.38B (+$152M)
0.48% more ownership
Funds ownership: 144.47% → 144.94% (+0.48%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$94.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$21.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$16.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$58.8M |
| 2 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$38.6M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$23.8M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$13.3M |
| 5 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$10.7M |
BRO Hedge Fund Activity: Q2 2017 in Review
268 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2017, worth a combined $4.38B — up 3.6% from $4.23B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new BRO positions and 20 closed out — a net gain of 8 holders — while 109 added to existing stakes and 91 trimmed.
The largest buyer was Select Equity Group, adding an estimated $94.2M. The largest seller was Citadel Advisors, cutting an estimated $58.8M.
- 268 institutional investors held Brown & Brown (BRO) as of Q2 2017, up from 261 in Q1 2017.
- Funds reported $4.38B of Brown & Brown stock for Q2 2017, up 3.6% quarter-over-quarter.
- 28 funds opened new Brown & Brown positions in Q2 2017 and 20 closed out, a net change of +8 holders.
- The largest Brown & Brown buyer in Q2 2017 was Select Equity Group, an estimated $94.2M added.
- The largest Brown & Brown seller in Q2 2017 was Citadel Advisors, an estimated $58.8M sold.
Based on aggregated 13F filings for Q2 2017.