Brown & Brown
571 hedge funds and large institutions have $11.3B invested in Brown & Brown in 2022 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 228 increasing their positions, 191 reducing their positions, and 62 closing their positions.
896% more call options, than puts
Call options by funds: $2.61M | Put options by funds: $262K
24% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 62
19% more repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 191
1% more funds holding
Funds holding: 566 → 571 (+5)
0.26% less ownership
Funds ownership: 70.87% → 70.61% (-0.26%)
7% less capital invested
Capital invested by funds: $12.1B → $11.3B (-$803M)
15% less funds holding in top 10
Funds holding in top 10: 13 → 11 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$362M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$68.7M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$63.8M |
| 4 |
TCM
TimesSquare Capital Management
New York
|
+$47.7M |
| 5 |
Millennium Management
New York
|
+$45.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
-$77.7M |
| 2 |
JCM
Junto Capital Management
New York
|
-$58.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$54.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$53.8M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$48.7M |
BRO Hedge Fund Activity: Q4 2022 in Review
571 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q4 2022, worth a combined $11.3B — down 6.6% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new BRO positions and 62 closed out — a net gain of 15 holders — while 228 added to existing stakes and 191 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $362M. The largest seller was Select Equity Group, cutting an estimated $77.7M.
- 571 institutional investors held Brown & Brown (BRO) as of Q4 2022, up from 566 in Q3 2022.
- Funds reported $11.3B of Brown & Brown stock for Q4 2022, down 6.6% quarter-over-quarter.
- 77 funds opened new Brown & Brown positions in Q4 2022 and 62 closed out, a net change of +15 holders.
- The largest Brown & Brown buyer in Q4 2022 was Morgan Stanley, an estimated $362M added.
- The largest Brown & Brown seller in Q4 2022 was Select Equity Group, an estimated $77.7M sold.
Based on aggregated 13F filings for Q4 2022.