Brown & Brown
376 hedge funds and large institutions have $7.19B invested in Brown & Brown in 2019 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 112 increasing their positions, 128 reducing their positions, and 25 closing their positions.
1,407% more call options, than puts
Call options by funds: $422K | Put options by funds: $28K
180% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 25
13% more funds holding
Funds holding: 332 → 376 (+44)
6% more capital invested
Capital invested by funds: $6.77B → $7.19B (+$427M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.73% less ownership
Funds ownership: 71.74% → 71.01% (-0.73%)
13% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 128
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Scout Investments
Kansas City,
Missouri
|
+$60.1M |
| 2 |
Millennium Management
New York
|
+$50.4M |
| 3 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$41.3M |
| 4 |
ECM
ExodusPoint Capital Management
New York
|
+$16.3M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
-$120M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$51.6M |
| 3 |
First Eagle Investment Management
New York
|
-$43M |
| 4 |
Renaissance Technologies
New York
|
-$36M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$29.4M |
BRO Hedge Fund Activity: Q3 2019 in Review
376 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q3 2019, worth a combined $7.19B — up 6.3% from $6.77B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new BRO positions and 25 closed out — a net gain of 45 holders — while 112 added to existing stakes and 128 trimmed.
The largest buyer was Scout Investments, adding an estimated $60.1M. The largest seller was Schroder Investment Management Group, cutting an estimated $120M.
- 376 institutional investors held Brown & Brown (BRO) as of Q3 2019, up from 332 in Q2 2019.
- Funds reported $7.19B of Brown & Brown stock for Q3 2019, up 6.3% quarter-over-quarter.
- 70 funds opened new Brown & Brown positions in Q3 2019 and 25 closed out, a net change of +45 holders.
- The largest Brown & Brown buyer in Q3 2019 was Scout Investments, an estimated $60.1M added.
- The largest Brown & Brown seller in Q3 2019 was Schroder Investment Management Group, an estimated $120M sold.
Based on aggregated 13F filings for Q3 2019.