Brown & Brown
757 hedge funds and large institutions have $18.7B invested in Brown & Brown in 2024 Q2 according to their latest regulatory filings, with 100 funds opening new positions, 301 increasing their positions, 231 reducing their positions, and 50 closing their positions.
4,418% more call options, than puts
Call options by funds: $26.2M | Put options by funds: $580K
100% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 50
30% more repeat investments, than reductions
Existing positions increased: 301 | Existing positions reduced: 231
6% more funds holding
Funds holding: 716 → 757 (+41)
1.1% more ownership
Funds ownership: 72.25% → 73.35% (+1.1%)
4% more capital invested
Capital invested by funds: $18B → $18.7B (+$648M)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$108M |
| 2 |
Royal London Asset Management
United Kingdom
|
+$92M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$59.7M |
| 4 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$45.1M |
| 5 |
Goldman Sachs
New York
|
+$43.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$89.3M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$59.5M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$47.9M |
| 4 |
Select Equity Group
New York
|
-$41M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$39.9M |
BRO Hedge Fund Activity: Q2 2024 in Review
757 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2024, worth a combined $18.7B — up 3.6% from $18B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new BRO positions and 50 closed out — a net gain of 50 holders — while 301 added to existing stakes and 231 trimmed.
The largest buyer was Barclays, adding an estimated $108M. The largest seller was Clarkston Capital Partners, cutting an estimated $89.3M.
- 757 institutional investors held Brown & Brown (BRO) as of Q2 2024, up from 716 in Q1 2024.
- Funds reported $18.7B of Brown & Brown stock for Q2 2024, up 3.6% quarter-over-quarter.
- 100 funds opened new Brown & Brown positions in Q2 2024 and 50 closed out, a net change of +50 holders.
- The largest Brown & Brown buyer in Q2 2024 was Barclays, an estimated $108M added.
- The largest Brown & Brown seller in Q2 2024 was Clarkston Capital Partners, an estimated $89.3M sold.
Based on aggregated 13F filings for Q2 2024.