Brown & Brown (BRO) praised for strong performance in Q1, highlighted as top performer.

From Yahoo Finance: 2025-04-10 11:59:00

Headwaters Capital Management released its first-quarter 2025 investor letter, reporting a -9.0% return (-9.2% net) in the quarter compared to -3.4% for the Russell Mid Cap Index. Small-cap equities led the market lower due to economic uncertainties. Brown & Brown, Inc. (NYSE:BRO) was highlighted as a top performer with a 41.13% 52-week gain.

In the investor letter, Headwaters Capital Management praised Brown & Brown, Inc. (NYSE:BRO) for its strong performance, with a 22% increase during the quarter. The company’s P&C brokerage business was seen as a safe investment amidst market volatility. Despite strong results, the stock’s valuation led to a reduced position size in the fund.

Brown & Brown, Inc. (NYSE:BRO) is not among the 30 most popular stocks among hedge funds. In Q4 2024, the company reported $1.2 billion in revenues, up 15% from the previous year. While Brown & Brown shows promise, hedge funds are more inclined towards AI stocks for higher returns in a shorter period.

For more information on Brown & Brown, Inc. (NYSE:BRO) and other investment opportunities, visit Insider Monkey’s website. Check out additional investor letters from hedge funds and leading investors for insights into market trends and potential investment options.



Read more at Yahoo Finance: Headwaters Capital Management’s Top Q1 Contributor: Brown and Brown (BRO)