Brown & Brown
291 hedge funds and large institutions have $5.13B invested in Brown & Brown in 2017 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 87 increasing their positions, 109 reducing their positions, and 23 closing their positions.
100% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 23
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
8% more funds holding
Funds holding: 269 → 291 (+22)
5% more capital invested
Capital invested by funds: $4.87B → $5.13B (+$259M)
1.56% less ownership
Funds ownership: 144.52% → 142.97% (-1.6%)
20% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 109
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$50M |
| 2 |
Millennium Management
New York
|
+$38.7M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
+$37.3M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$35.3M |
| 5 |
Renaissance Technologies
New York
|
+$20.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$100M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$66.7M |
| 3 |
Select Equity Group
New York
|
-$38M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$29.4M |
| 5 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$25.2M |
BRO Hedge Fund Activity: Q4 2017 in Review
291 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q4 2017, worth a combined $5.13B — up 5.3% from $4.87B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new BRO positions and 23 closed out — a net gain of 23 holders — while 87 added to existing stakes and 109 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $50M. The largest seller was Findlay Park Partners, cutting an estimated $100M.
- 291 institutional investors held Brown & Brown (BRO) as of Q4 2017, up from 269 in Q3 2017.
- Funds reported $5.13B of Brown & Brown stock for Q4 2017, up 5.3% quarter-over-quarter.
- 46 funds opened new Brown & Brown positions in Q4 2017 and 23 closed out, a net change of +23 holders.
- The largest Brown & Brown buyer in Q4 2017 was Citadel Advisors, an estimated $50M added.
- The largest Brown & Brown seller in Q4 2017 was Findlay Park Partners, an estimated $100M sold.
Based on aggregated 13F filings for Q4 2017.