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Brown & Brown, Inc.

BRO
Exchange
NYSE
Industry
Insurance Agents, Brokers & Service
SEC CIK
0000079282

No open-market purchases or sales by Brown & Brown, Inc. insiders were filed in the last 90 days; 809 institutions reported holding it in 13F filings for Q2 2026, worth $18.1B in total; superinvestors Giverny Capital and Markel Group hold it.

13F holders, Q3 2021

Institutional positions in Brown & Brown, Inc. as of Sep 30, 2021. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
518
+55 vs. Q2 2021
Shares held
205.0M
+4.06M (+2.0%) vs. Q2 2021
Total value
$11.3B
+$687.7M (+6.5%) vs. Q2 2021
New holders
86
174 more added
Sold out
31
160 more reduced

7 institutions that held it in Q2 2021 haven't filed for Q3 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2021: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BRO on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2021: 518 institutions
Q1 2021: 458 institutionsQ2 2021: 470 institutionsQ3 2021: 518 institutionsQ4 2021: 553 institutionsQ1 2022: 581 institutionsQ2 2022: 576 institutionsQ3 2022: 568 institutionsQ4 2022: 573 institutionsQ1 2023: 570 institutionsQ2 2023: 607 institutionsQ3 2023: 631 institutionsQ4 2023: 686 institutionsQ1 2024: 718 institutionsQ2 2024: 760 institutionsQ3 2024: 823 institutionsQ4 2024: 875 institutionsQ1 2025: 911 institutionsQ2 2025: 931 institutionsQ3 2025: 897 institutionsQ4 2025: 890 institutionsQ1 2026: 816 institutionsQ2 2026: 809 institutions
Value heldQ3 2021: $11.3B
Q1 2021: $9.10BQ2 2021: $10.7BQ3 2021: $11.3BQ4 2021: $14.4BQ1 2022: $14.8BQ2 2022: $11.8BQ3 2022: $12.1BQ4 2022: $11.4BQ1 2023: $11.6BQ2 2023: $13.9BQ3 2023: $14.1BQ4 2023: $14.6BQ1 2024: $18.0BQ2 2024: $18.7BQ3 2024: $21.7BQ4 2024: $21.9BQ1 2025: $27.3BQ2 2025: $29.5BQ3 2025: $24.6BQ4 2025: $21.7BQ1 2026: $18.2BQ2 2026: $18.1B
Institutions holding BRO and their total value by quarter
QuarterHoldersValue
Q2 2026809$18.1B
Q1 2026816$18.2B
Q4 2025890$21.7B
Q3 2025897$24.6B
Q2 2025931$29.5B
Q1 2025911$27.3B
Q4 2024875$21.9B
Q3 2024823$21.7B
Q2 2024760$18.7B
Q1 2024718$18.0B
Q4 2023686$14.6B
Q3 2023631$14.1B
Q2 2023607$13.9B
Q1 2023570$11.6B
Q4 2022573$11.4B
Q3 2022568$12.1B
Q2 2022576$11.8B
Q1 2022581$14.8B
Q4 2021553$14.4B
Q3 2021518$11.3B
Q2 2021470$10.7B
Q1 2021458$9.10B

Institutions, Q3 2021

Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q2 2021.

Institutions holding BRO in Q3 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc28,000,459$1.55B0.04%+3,085,184+12.4%Added
BlackRock Inc.19,435,457$1.08B0.03%−6,675,399−25.6%Reduced
Select Equity Group, L.P.17,985,344$997.3M3.35%+1,597,989+9.8%Added
State Street Corp11,949,554$662.6M0.04%+2,098,749+21.3%Added
Wells Fargo & Company9,843,682$545.8M0.12%+64,552+0.7%Added
Principal Financial Group Inc8,028,722$445.2M0.29%−696,108−8.0%Reduced
First Eagle Investment Management, LLC7,329,996$406.4M1.04%−515,067−6.6%Reduced
Atlanta Capital Management Co L L C6,886,786$381.9M1.36%−41,661−0.6%Reduced
Price T Rowe Associates Inc5,827,852$323.2M0.03%+338,092+6.2%Added
Geode Capital Management, LLC4,468,048$247.3M0.03%+1,299,653+41.0%Added
Clarkston Capital Partners, LLC4,159,610$230.7M4.15%−23,018−0.6%Reduced
NN Investment Partners Holdings N.V.3,641,358$201.9M1.11%−212,095−5.5%Reduced
APG Asset Management N.V.4,188,143$200.4M0.36%+674,900+19.2%Added
Fenimore Asset Management Inc2,900,687$160.8M3.95%−10,027−0.3%Reduced
Northern Trust Corp2,560,884$142.0M0.03%+193,003+8.2%Added
Invesco Ltd.2,130,779$118.2M0.03%+1,262,929+145.5%Added
Manufacturers Life Insurance Company, The2,127,440$118.0M0.10%−212,079−9.1%Reduced
Norges Bank2,103,441$116.6M0.03%−35,651−1.7%Reduced
California Public Employees Retirement System1,841,261$102.1M0.08%+4,461+0.2%Added
Bank of New York Mellon Corp1,722,080$95.5M0.02%−584,821−25.4%Reduced
CIBC Private Wealth Group, LLC1,594,656$88.4M0.21%+33,506+2.1%Added
Dimensional Fund Advisors LP1,593,419$88.4M0.03%+40,437+2.6%Added
Charles Schwab Investment Management Inc1,593,457$88.4M0.03%+440,592+38.2%Added
Legal & General Group Plc1,514,725$84.0M0.03%−78,280−4.9%Reduced
Arrowstreet Capital, Limited Partnership1,487,415$82.5M0.10%+344,544+30.1%Added
Burgundy Asset Management Ltd.1,446,806$80.2M0.79%−13,262−0.9%Reduced
Bank of America Corp1,441,249$79.9M0.01%+240,710+20.1%Added
Morgan Stanley1,404,074$77.9M0.01%+604,172+75.5%Added
Madison Asset Management, LLC1,383,707$76.7M1.06%−1,436−0.1%Reduced
Millennium Management LLC1,294,660$71.8M0.09%+444,285+52.2%Added
Balyasny Asset Management LLC1,256,502$69.7M0.33%+46,399+3.8%Added
UBS Asset Management Americas Inc1,097,334$60.8M0.03%−397,500−26.6%Reduced
Swiss National Bank947,275$52.5M0.03%−30,500−3.1%Reduced
Vaughan Nelson Investment Management, L.P.937,840$52.0M0.53%+180,525+23.8%Added
Nuveen Asset Management, LLC937,269$52.0M0.02%−55,280−5.6%Reduced
Confluence Investment Management LLC848,705$47.1M0.66%−116,593−12.1%Reduced
Royal Bank of Canada774,492$42.9M0.01%+76,410+10.9%Added
Robeco Institutional Asset Management B.V.767,015$42.5M0.09%+205,586+36.6%Added
Barclays PLC741,091$41.1M0.03%+249,069+50.6%Added
Sumitomo Mitsui Trust Holdings, Inc.706,836$39.2M0.02%−38,238−5.1%Reduced
Scout Investments, Inc.696,699$38.6M0.58%+101,995+17.2%Added
Federated Hermes, Inc.667,922$37.0M0.07%−48,892−6.8%Reduced
Raymond James & Associates638,718$35.4M0.03%−1,553−0.2%Reduced
Deutsche Bank AG632,695$35.1M0.02%+162,105+34.4%Added
Boston Financial Mangement LLC631,786$35.0M1.43%+6,958+1.1%Added
Boston Trust Walden Corp617,515$34.2M0.30%+125,412+25.5%Added
PGGM Investments607,851$33.7M0.17%+2,981+0.5%Added
Tandem Investment Advisors, Inc.603,705$33.5M2.74%+84,355+16.2%Added
New York State Common Retirement Fund589,197$32.7M0.03%−74,800−11.3%Reduced
Credit Suisse AG572,724$31.8M0.03%−9,259−1.6%Reduced
Caisse de Depot Et Placement du Quebec568,513$31.5M0.07%+517,871+1,022.6%Added
Goldman Sachs Group Inc522,060$28.9M0.01%−181,582−25.8%Reduced
AXA S.A.505,918$28.1M0.08%+170,518+50.8%Added
Parametric Portfolio Associates LLC478,353$26.5M0.02%−18,782−3.8%Reduced
Point72 Asset Management, L.P.470,208$26.1M0.12%+424,908+938.0%Added
Rhumbline Advisers459,920$25.5M0.03%−254,296−35.6%Reduced
Snyder Capital Management L P450,173$25.0M0.66%+61,232+15.7%Added
Motley Fool Wealth Management, LLC440,708$24.4M1.06%−6,331−1.4%Reduced
Renaissance Technologies LLC431,800$23.9M0.03%−39,700−8.4%Reduced
British Columbia Investment Management Corp417,375$23.1M0.14%−240.0%Reduced
Diamond Hill Capital Management Inc410,034$22.7M0.09%+1590.0%Added
California State Teachers Retirement System408,868$22.7M0.03%−1,590−0.4%Reduced
Bank of Montreal389,198$22.5M0.01%+145,451+59.7%Added
Edgestream Partners, L.P.398,772$22.1M1.37%+282,980+244.4%Added
Summit Wealth Partners, LLC394,322$21.9M5.16%−2,194−0.6%Reduced
Prospector Partners LLC355,430$19.7M2.53%−8,600−2.4%Reduced
Amundi355,068$19.7M0.01%+67,757+23.6%Added
KBC Group NV354,691$19.7M0.07%+132,812+59.9%Added
Citigroup Inc352,692$19.6M0.02%+43,494+14.1%Added
JPMorgan Chase & Co349,895$19.4M0.00%−158,596−31.2%Reduced
Philo Smith Capital Corp325,450$18.0M7.74%+325,450New
Janus Henderson Group PLC325,375$18.0M0.01%−68,176−17.3%Reduced
Alliancebernstein L.P.317,436$17.6M0.01%−64,594−16.9%Reduced
Ergoteles LLC306,074$17.0M0.62%+297,289+3,384.1%Added
Victory Capital Management Inc298,352$16.5M0.02%−153,144−33.9%Reduced
State Board of Administration of Florida Retirement System290,413$16.1M0.03%−14,488−4.8%Reduced
Prana Capital Management, LP284,279$15.8M1.39%+154,812+119.6%Added
Stifel Financial Corp283,109$15.7M0.02%+96,909+52.0%Added
New York State Teachers Retirement System272,613$15.1M0.03%+9,177+3.5%Added
Mitsubishi UFJ Trust & Banking Corp269,074$14.9M0.03%−1,992−0.7%Reduced
Schroder Investment Management Group260,154$14.4M0.02%−113,915−30.5%Reduced
BNP Paribas Arbitrage, SA248,955$13.8M0.03%+82,767+49.8%Added
TD Asset Management Inc247,235$13.7M0.01%+20,400+9.0%Added
Federation des caisses Desjardins du Quebec246,996$13.7M0.14%+14,923+6.4%Added
DekaBank Deutsche Girozentrale238,582$13.4M0.04%+5,349+2.3%Added
Schwartz Investment Counsel Inc239,700$13.3M0.55%+30,000+14.3%Added
Pictet Asset Management SA231,406$12.8M0.01%+231,406New
UBS Group AG223,124$12.4M0.01%−241,707−52.0%Reduced
Citadel Advisors LLC222,469$12.3M0.01%+116,454+109.8%Added
FMR LLC219,161$12.2M0.00%−1,517−0.7%Reduced
FIL Ltd217,635$12.1M0.01%−25,651−10.5%Reduced
Voloridge Investment Management, LLC215,807$12.0M0.08%−26,776−11.0%Reduced
Adage Capital Partners GP, L.L.C.203,300$11.3M0.02%+203,300New
Motley Fool Asset Management LLC200,000$11.1M0.72%00.0%Unchanged
HRT Financial LP199,951$11.1M0.07%+199,951New
Andra AP-fonden198,800$11.0M0.23%+28,100+16.5%Added
Cubist Systematic Strategies, LLC196,128$10.9M0.14%+130,562+199.1%Added
Prudential Financial Inc192,158$10.8M0.02%+167,084+666.4%Added
Great West Life Assurance Co177,513$9.91M0.02%−86,346−32.7%Reduced
Worldquant Millennium Advisors LLC178,063$9.87M0.22%+161,963+1,006.0%Added