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Brown & Brown

321 hedge funds and large institutions have $5.96B invested in Brown & Brown in 2019 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 101 increasing their positions, 117 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more capital invested

Capital invested by funds: $5.48B → $5.96B (+$481M)

9% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 34

0% more funds holding

Funds holding: 320321 (+1)

0.22% more ownership

Funds ownership: 71.57%71.79% (+0.22%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

14% less repeat investments, than reductions

Existing positions increased: 101 | Existing positions reduced: 117

Holders
321
Holders Change
+1
Holders Change %
+0.31%
% of All Funds
6.95%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
37
Increased
101
Reduced
117
Closed
34
Calls
$5.04M
Puts
Net Calls
+$5.04M
Net Calls Change
+$5.05M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$744M +$6.77M +237,170 +0.9%
BlackRock
2
BlackRock
New York
$639M +$8.57M +300,208 +1%
Wells Fargo
3
Wells Fargo
California
$352M -$7.45M -260,966 -2%
First Eagle Investment Management
4
First Eagle Investment Management
New York
$334M -$5.87M -205,465 -2%
Principal Financial Group
5
Principal Financial Group
Iowa
$291M -$823K -28,809 -0.3%
State Street
6
State Street
Massachusetts
$277M +$2.51M +87,968 +0.9%
Select Equity Group
7
Select Equity Group
New York
$275M -$1.44M -50,354 -0.5%
T. Rowe Price Associates
8
T. Rowe Price Associates
Maryland
$173M -$27.4M -959,886 -14%
CCP
9
Clarkston Capital Partners
Michigan
$145M +$1.35M +47,381 +1%
Victory Capital Management
10
Victory Capital Management
Texas
$134M -$42.1M -1,472,628 -24%
Renaissance Technologies
11
Renaissance Technologies
New York
$132M -$24.9M -873,200 -16%
NIPH
12
NN Investment Partners Holdings
Netherlands
$120M +$117M +4,081,136 New
APG Asset Management
13
APG Asset Management
Netherlands
$107M -$12.6M -442,300 -10%
Schroder Investment Management Group
14
Schroder Investment Management Group
United Kingdom
$103M +$17.4M +608,825 +21%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$95.1M +$11M +385,716 +14%
FAM
16
Fenimore Asset Management
New York
$87.7M +$4.26M +149,028 +5%
Citadel Advisors
17
Citadel Advisors
Florida
$84.4M +$32.9M +1,150,661 +67%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$80.9M +$8.67M +303,745 +12%
BAM
19
Burgundy Asset Management
Ontario, Canada
$69.3M -$7.94M -277,930 -11%
VNIM
20
Vaughan Nelson Investment Management
Texas
$68.8M -$1.34M -46,800 -2%
American Century Companies
21
American Century Companies
Missouri
$65.9M -$713K -24,960 -1%
Dimensional Fund Advisors
22
Dimensional Fund Advisors
Texas
$62.5M +$677K +23,724 +1%
Norges Bank
23
Norges Bank
Norway
$61.4M +$4.67M +163,398 +9%
Fidelity Investments
24
Fidelity Investments
Massachusetts
$58.8M -$904K -31,645 -2%
Northern Trust
25
Northern Trust
Illinois
$55.4M +$1.96M +68,599 +4%

BRO Hedge Fund Activity: Q1 2019 in Review

321 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q1 2019, worth a combined $5.96B — up 8.8% from $5.48B a quarter earlier.

Buyers outnumbered sellers: 37 funds opened new BRO positions and 34 closed out — a net gain of 3 holders — while 101 added to existing stakes and 117 trimmed.

The largest buyer was NN Investment Partners Holdings, opening a new position worth an estimated $117M. The largest seller was Victory Capital Management, cutting an estimated $42.1M.

  • 321 institutional investors held Brown & Brown (BRO) as of Q1 2019, up from 320 in Q4 2018.
  • Funds reported $5.96B of Brown & Brown stock for Q1 2019, up 8.8% quarter-over-quarter.
  • 37 funds opened new Brown & Brown positions in Q1 2019 and 34 closed out, a net change of +3 holders.
  • The largest Brown & Brown buyer in Q1 2019 was NN Investment Partners Holdings, an estimated $117M added.
  • The largest Brown & Brown seller in Q1 2019 was Victory Capital Management, an estimated $42.1M sold.

Based on aggregated 13F filings for Q1 2019.