Brown & Brown
456 hedge funds and large institutions have $9.1B invested in Brown & Brown in 2021 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 170 increasing their positions, 159 reducing their positions, and 52 closing their positions.
84% more call options, than puts
Call options by funds: $1.51M | Put options by funds: $818K
7% more repeat investments, than reductions
Existing positions increased: 170 | Existing positions reduced: 159
0.13% more ownership
Funds ownership: 70.31% → 70.44% (+0.13%)
4% less capital invested
Capital invested by funds: $9.44B → $9.1B (-$332M)
10% less first-time investments, than exits
New positions opened: 47 | Existing positions closed: 52
2% less funds holding
Funds holding: 464 → 456 (-8)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
+$45.7M |
| 2 |
Select Equity Group
New York
|
+$38.6M |
| 3 |
Millennium Management
New York
|
+$35.5M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$28.6M |
| 5 |
SCM
Snyder Capital Management
San Francisco,
California
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$70.9M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$60.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$43M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$26.9M |
| 5 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$11.9M |
BRO Hedge Fund Activity: Q1 2021 in Review
456 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q1 2021, worth a combined $9.1B — down 3.5% from $9.44B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of BRO and 47 opened new positions — a net loss of 5 holders — while 159 trimmed existing stakes and 170 added.
The largest buyer was Atlanta Capital Management, adding an estimated $45.7M. The largest seller was Fidelity Investments, cutting an estimated $70.9M.
- 456 institutional investors held Brown & Brown (BRO) as of Q1 2021, down from 464 in Q4 2020.
- Funds reported $9.1B of Brown & Brown stock for Q1 2021, down 3.5% quarter-over-quarter.
- 47 funds opened new Brown & Brown positions in Q1 2021 and 52 closed out, a net change of -5 holders.
- The largest Brown & Brown buyer in Q1 2021 was Atlanta Capital Management, an estimated $45.7M added.
- The largest Brown & Brown seller in Q1 2021 was Fidelity Investments, an estimated $70.9M sold.
Based on aggregated 13F filings for Q1 2021.