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Brown & Brown

682 hedge funds and large institutions have $15.3B invested in Brown & Brown in 2023 Q4 according to their latest regulatory filings, with 108 funds opening new positions, 241 increasing their positions, 227 reducing their positions, and 45 closing their positions.

New
Increased
Maintained
Reduced
Closed

471% more call options, than puts

Call options by funds: $10.5M | Put options by funds: $1.84M

140% more first-time investments, than exits

New positions opened: 108 | Existing positions closed: 45

9% more funds holding

Funds holding: 626682 (+56)

8% more capital invested

Capital invested by funds: $14.1B → $15.3B (+$1.17B)

4.61% more ownership

Funds ownership: 70.98%75.58% (+4.6%)

6% more repeat investments, than reductions

Existing positions increased: 241 | Existing positions reduced: 227

21% less funds holding in top 10

Funds holding in top 10: 1411 (-3)

Holders
682
Holders Change
+56
Holders Change %
+8.95%
% of All Funds
9.94%
Holding in Top 10
11
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-21.43%
% of All Funds
0.16%
New
108
Increased
241
Reduced
227
Closed
45
Calls
$10.5M
Puts
$1.84M
Net Calls
+$8.67M
Net Calls Change
+$1.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2B +$19M +266,441 +1%
Morgan Stanley
2
Morgan Stanley
New York
$1.28B +$619M +8,664,128 +93%
BlackRock
3
BlackRock
New York
$1.16B +$18.4M +256,900 +2%
Select Equity Group
4
Select Equity Group
New York
$1.02B -$31.7M -443,276 -3%
Principal Financial Group
5
Principal Financial Group
Iowa
$876M +$21M +294,143 +2%
State Street
6
State Street
Massachusetts
$764M +$2.9M +40,632 +0.4%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$394M +$12M +168,109 +3%
Allspring Global Investments
8
Allspring Global Investments
North Carolina
$372M +$2.11M +29,514 +0.6%
First Eagle Investment Management
9
First Eagle Investment Management
New York
$292M -$2.71M -37,942 -0.9%
Goldman Sachs
10
Goldman Sachs
New York
$256M +$37.5M +524,812 +17%
Wells Fargo
11
Wells Fargo
California
$234M -$11.1M -155,012 -5%
Norges Bank
12
Norges Bank
Norway
$218M +$26.5M +370,424 +14%
APG Asset Management
13
APG Asset Management
Netherlands
$194M +$15.4M +215,086 +8%
CCP
14
Clarkston Capital Partners
Michigan
$186M -$45.6M -638,604 -20%
FAM
15
Fenimore Asset Management
New York
$172M -$864K -12,083 -0.5%
ProShare Advisors
16
ProShare Advisors
Maryland
$165M -$20.6M -288,118 -11%
SAM
17
Storebrand Asset Management
Norway
$158M +$148M +2,070,625 +1,354%
Northern Trust
18
Northern Trust
Illinois
$158M -$4.94M -69,094 -3%
Invesco
19
Invesco
Georgia
$145M +$7.65M +106,978 +6%
Manulife (Manufacturers Life Insurance)
20
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$142M +$61.8M +865,082 +76%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$140M +$17.7M +248,181 +14%
Bank of America
22
Bank of America
North Carolina
$121M +$5.42M +75,782 +5%
Bank of New York Mellon
23
Bank of New York Mellon
New York
$113M -$10.7M -149,914 -9%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$107M -$1.13M -15,848 -1%
Dimensional Fund Advisors
25
Dimensional Fund Advisors
Texas
$106M +$1.38M +19,311 +1%