Brown & Brown
307 hedge funds and large institutions have $5.53B invested in Brown & Brown in 2018 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 122 increasing their positions, 100 reducing their positions, and 44 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 100
10% more capital invested
Capital invested by funds: $5.02B → $5.53B (+$503M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
4% less funds holding
Funds holding: 320 → 307 (-13)
27% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 44
69.91% less ownership
Funds ownership: 142.95% → 73.04% (-70%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$48.5M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$36.1M |
| 3 |
Select Equity Group
New York
|
+$29.3M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.2M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$20.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$28.7M |
| 2 |
VBA
Van Berkom & Associates
Montreal,
Quebec, Canada
|
-$19.9M |
| 3 |
CC
Carlson Capital
Dallas,
Texas
|
-$19.4M |
| 4 |
Renaissance Technologies
New York
|
-$15M |
| 5 |
CRM
Capital Returns Management
Rye,
New York
|
-$11.5M |
BRO Hedge Fund Activity: Q2 2018 in Review
307 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2018, worth a combined $5.53B — up 10% from $5.02B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of BRO and 32 opened new positions — a net loss of 12 holders — while 100 trimmed existing stakes and 122 added.
The largest buyer was Principal Financial Group, adding an estimated $48.5M. The largest seller was State Street, cutting an estimated $28.7M.
- 307 institutional investors held Brown & Brown (BRO) as of Q2 2018, down from 320 in Q1 2018.
- Funds reported $5.53B of Brown & Brown stock for Q2 2018, up 10% quarter-over-quarter.
- 32 funds opened new Brown & Brown positions in Q2 2018 and 44 closed out, a net change of -12 holders.
- The largest Brown & Brown buyer in Q2 2018 was Principal Financial Group, an estimated $48.5M added.
- The largest Brown & Brown seller in Q2 2018 was State Street, an estimated $28.7M sold.
Based on aggregated 13F filings for Q2 2018.