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Brown & Brown

574 hedge funds and large institutions have $11.8B invested in Brown & Brown in 2022 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 226 increasing their positions, 178 reducing their positions, and 74 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more repeat investments, than reductions

Existing positions increased: 226 | Existing positions reduced: 178

14% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 74

1% less funds holding

Funds holding: 578574 (-4)

0.83% less ownership

Funds ownership: 72.43%71.6% (-0.83%)

20% less capital invested

Capital invested by funds: $14.8B → $11.8B (-$2.97B)

25% less funds holding in top 10

Funds holding in top 10: 129 (-3)

29% less call options, than puts

Call options by funds: $4.87M | Put options by funds: $6.89M

Holders
574
Holders Change
-4
Holders Change %
-0.69%
% of All Funds
9.67%
Holding in Top 10
9
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-25%
% of All Funds
0.15%
New
84
Increased
226
Reduced
178
Closed
74
Calls
$4.87M
Puts
$6.89M
Net Calls
-$2.02M
Net Calls Change
+$9.13M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.59B +$9.47M +154,325 +0.6%
Select Equity Group
2
Select Equity Group
New York
$1.1B +$24M +390,496 +2%
BlackRock
3
BlackRock
New York
$953M -$191M -3,109,033 -16%
State Street
4
State Street
Massachusetts
$641M -$62.1M -1,012,168 -8%
Principal Financial Group
5
Principal Financial Group
Iowa
$559M +$44.5M +725,167 +8%
Allspring Global Investments
6
Allspring Global Investments
North Carolina
$360M +$7.38M +120,236 +2%
ACM
7
Atlanta Capital Management
Georgia
$354M -$178K -2,907 -0%
First Eagle Investment Management
8
First Eagle Investment Management
New York
$350M -$22.5M -366,561 -6%
T. Rowe Price Associates
9
T. Rowe Price Associates
Maryland
$312M -$25.7M -419,466 -7%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$291M +$10.2M +165,417 +3%
Wells Fargo
11
Wells Fargo
California
$197M -$11.3M -184,734 -5%
Goldman Sachs
12
Goldman Sachs
New York
$174M +$159M +2,583,481 +658%
CCP
13
Clarkston Capital Partners
Michigan
$173M -$6.55M -106,735 -3%
APG Asset Management
14
APG Asset Management
Netherlands
$155M -$88M -1,433,090 -34%
FAM
15
Fenimore Asset Management
New York
$152M -$480K -7,827 -0.3%
Morgan Stanley
16
Morgan Stanley
New York
$146M +$17.4M +283,530 +13%
ProShare Advisors
17
ProShare Advisors
Maryland
$146M +$2.36M +38,496 +2%
CIBC Private Wealth Group
18
CIBC Private Wealth Group
Georgia
$139M -$11.2M -182,226 -7%
Norges Bank
19
Norges Bank
Norway
$133M +$1.86M +30,330 +1%
Northern Trust
20
Northern Trust
Illinois
$129M -$16.1M -263,014 -11%
Invesco
21
Invesco
Georgia
$116M -$74.4M -1,212,784 -38%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$109M +$3.71M +60,434 +3%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$100M -$2.23M -36,370 -2%
Charles Schwab
24
Charles Schwab
California
$99.5M +$1.33M +21,609 +1%
Bank of America
25
Bank of America
North Carolina
$94.2M +$11.6M +188,809 +13%

BRO Hedge Fund Activity: Q2 2022 in Review

574 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2022, worth a combined $11.8B — down 20% from $14.8B a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new BRO positions and 74 closed out — a net gain of 10 holders — while 226 added to existing stakes and 178 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $159M. The largest seller was BlackRock, cutting an estimated $191M.

  • 574 institutional investors held Brown & Brown (BRO) as of Q2 2022, down from 578 in Q1 2022.
  • Funds reported $11.8B of Brown & Brown stock for Q2 2022, down 20% quarter-over-quarter.
  • 84 funds opened new Brown & Brown positions in Q2 2022 and 74 closed out, a net change of +10 holders.
  • The largest Brown & Brown buyer in Q2 2022 was Goldman Sachs, an estimated $159M added.
  • The largest Brown & Brown seller in Q2 2022 was BlackRock, an estimated $191M sold.

Based on aggregated 13F filings for Q2 2022.