Brown & Brown
464 hedge funds and large institutions have $9.44B invested in Brown & Brown in 2020 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 169 increasing their positions, 146 reducing their positions, and 38 closing their positions.
89% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 38
33% more call options, than puts
Call options by funds: $228K | Put options by funds: $171K
16% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 146
6% more funds holding
Funds holding: 436 → 464 (+28)
5% more capital invested
Capital invested by funds: $8.99B → $9.44B (+$450M)
0.09% less ownership
Funds ownership: 70.4% → 70.31% (-0.09%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$43.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$41.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$25.7M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$24.1M |
| 5 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$52.5M |
| 2 |
Goldman Sachs
New York
|
-$26.9M |
| 3 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
-$20.8M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$19.1M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$18.7M |
BRO Hedge Fund Activity: Q4 2020 in Review
464 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q4 2020, worth a combined $9.44B — up 5% from $8.99B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new BRO positions and 38 closed out — a net gain of 34 holders — while 169 added to existing stakes and 146 trimmed.
The largest buyer was Select Equity Group, adding an estimated $43.7M. The largest seller was Victory Capital Management, cutting an estimated $52.5M.
- 464 institutional investors held Brown & Brown (BRO) as of Q4 2020, up from 436 in Q3 2020.
- Funds reported $9.44B of Brown & Brown stock for Q4 2020, up 5% quarter-over-quarter.
- 72 funds opened new Brown & Brown positions in Q4 2020 and 38 closed out, a net change of +34 holders.
- The largest Brown & Brown buyer in Q4 2020 was Select Equity Group, an estimated $43.7M added.
- The largest Brown & Brown seller in Q4 2020 was Victory Capital Management, an estimated $52.5M sold.
Based on aggregated 13F filings for Q4 2020.