Brown & Brown
376 hedge funds and large institutions have $8.05B invested in Brown & Brown in 2019 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 133 increasing their positions, 116 reducing their positions, and 54 closing their positions.
80% more funds holding in top 10
Funds holding in top 10: 5 → 9 (+4)
28% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 54
15% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 116
12% more capital invested
Capital invested by funds: $7.19B → $8.05B (+$852M)
1.51% more ownership
Funds ownership: 71.01% → 72.52% (+1.5%)
0% more funds holding
Funds holding: 376 → 376 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$192M |
| 2 |
State Street
Boston,
Massachusetts
|
+$68.2M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$50.3M |
| 4 |
Select Equity Group
New York
|
+$38.7M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$31.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$61.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$53.1M |
| 3 |
BAM
Burgundy Asset Management
Toronto,
Ontario, Canada
|
-$42.6M |
| 4 |
SI
Scout Investments
Kansas City,
Missouri
|
-$37M |
| 5 |
Renaissance Technologies
New York
|
-$29.3M |
BRO Hedge Fund Activity: Q4 2019 in Review
376 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q4 2019, worth a combined $8.05B — up 12% from $7.19B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new BRO positions and 54 closed out — a net gain of 15 holders — while 133 added to existing stakes and 116 trimmed.
The largest buyer was BlackRock, adding an estimated $192M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $61.7M sold.
- 376 institutional investors held Brown & Brown (BRO) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $8.05B of Brown & Brown stock for Q4 2019, up 12% quarter-over-quarter.
- 69 funds opened new Brown & Brown positions in Q4 2019 and 54 closed out, a net change of +15 holders.
- The largest Brown & Brown buyer in Q4 2019 was BlackRock, an estimated $192M added.
- The largest Brown & Brown seller in Q4 2019 was Vaughan Nelson Investment Management, an estimated $61.7M sold.
Based on aggregated 13F filings for Q4 2019.