Brown & Brown
566 hedge funds and large institutions have $12.1B invested in Brown & Brown in 2022 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 206 increasing their positions, 220 reducing their positions, and 47 closing their positions.
349% more call options, than puts
Call options by funds: $1.46M | Put options by funds: $326K
44% more funds holding in top 10
Funds holding in top 10: 9 → 13 (+4)
4% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 47
3% more capital invested
Capital invested by funds: $11.8B → $12.1B (+$322M)
0.73% less ownership
Funds ownership: 71.6% → 70.87% (-0.73%)
6% less repeat investments, than reductions
Existing positions increased: 206 | Existing positions reduced: 220
1% less funds holding
Funds holding: 573 → 566 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIP
Liontrust Investment Partners
London,
United Kingdom
|
+$65.2M |
| 2 |
JCM
Junto Capital Management
New York
|
+$61M |
| 3 |
Morgan Stanley
New York
|
+$50.4M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$34.7M |
| 5 |
Millennium Management
New York
|
+$29.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$79M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$40.4M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$34.5M |
| 4 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$24.5M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$24.5M |
BRO Hedge Fund Activity: Q3 2022 in Review
566 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q3 2022, worth a combined $12.1B — up 2.7% from $11.8B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new BRO positions and 47 closed out — a net gain of 2 holders — while 206 added to existing stakes and 220 trimmed.
The largest buyer was Liontrust Investment Partners, adding an estimated $65.2M. The largest seller was First Eagle Investment Management, cutting an estimated $79M.
- 566 institutional investors held Brown & Brown (BRO) as of Q3 2022, down from 573 in Q2 2022.
- Funds reported $12.1B of Brown & Brown stock for Q3 2022, up 2.7% quarter-over-quarter.
- 49 funds opened new Brown & Brown positions in Q3 2022 and 47 closed out, a net change of +2 holders.
- The largest Brown & Brown buyer in Q3 2022 was Liontrust Investment Partners, an estimated $65.2M added.
- The largest Brown & Brown seller in Q3 2022 was First Eagle Investment Management, an estimated $79M sold.
Based on aggregated 13F filings for Q3 2022.