Brown & Brown
397 hedge funds and large institutions have $7.41B invested in Brown & Brown in 2020 Q1 according to their latest regulatory filings, with 72 funds opening new positions, 123 increasing their positions, 141 reducing their positions, and 46 closing their positions.
163% more call options, than puts
Call options by funds: $7.27M | Put options by funds: $2.76M
57% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 46
6% more funds holding
Funds holding: 376 → 397 (+21)
0.35% less ownership
Funds ownership: 72.52% → 72.17% (-0.35%)
8% less capital invested
Capital invested by funds: $8.05B → $7.41B (-$635M)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
13% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 141
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$197M |
| 2 |
BlackRock
New York
|
+$68.2M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$54.8M |
| 4 |
Select Equity Group
New York
|
+$43.4M |
| 5 |
Janus Henderson Group
London,
|
+$32.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$78.9M |
| 2 |
First Eagle Investment Management
New York
|
-$56.6M |
| 3 |
PC
Polar Capital
London,
United Kingdom
|
-$34.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$30.9M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$29.5M |
BRO Hedge Fund Activity: Q1 2020 in Review
397 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q1 2020, worth a combined $7.41B — down 7.9% from $8.05B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new BRO positions and 46 closed out — a net gain of 26 holders — while 123 added to existing stakes and 141 trimmed.
The largest buyer was Atlanta Capital Management, opening a new position worth an estimated $197M. The largest seller was Wells Fargo, cutting an estimated $78.9M.
- 397 institutional investors held Brown & Brown (BRO) as of Q1 2020, up from 376 in Q4 2019.
- Funds reported $7.41B of Brown & Brown stock for Q1 2020, down 7.9% quarter-over-quarter.
- 72 funds opened new Brown & Brown positions in Q1 2020 and 46 closed out, a net change of +26 holders.
- The largest Brown & Brown buyer in Q1 2020 was Atlanta Capital Management, an estimated $197M added.
- The largest Brown & Brown seller in Q1 2020 was Wells Fargo, an estimated $78.9M sold.
Based on aggregated 13F filings for Q1 2020.