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, Q4 2021
Institutional positions in Brown & Brown, Inc. as of Dec 31, 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
- 553
- +40 vs. Q3 2021
- Shares held
- 206.2M
- +1.32M (+0.6%) vs. Q3 2021
- Total value
- $14.4B
- +$3.11B (+27.4%) vs. Q3 2021
- New holders
- 94
- 188 more added
- Sold out
- 54
- 178 more reduced
5 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 809 | $18.1B |
| Q1 2026 | 816 | $18.2B |
| Q4 2025 | 890 | $21.7B |
| Q3 2025 | 897 | $24.6B |
| Q2 2025 | 931 | $29.5B |
| Q1 2025 | 911 | $27.3B |
| Q4 2024 | 875 | $21.9B |
| Q3 2024 | 823 | $21.7B |
| Q2 2024 | 760 | $18.7B |
| Q1 2024 | 718 | $18.0B |
| Q4 2023 | 686 | $14.6B |
| Q3 2023 | 631 | $14.1B |
| Q2 2023 | 607 | $13.9B |
| Q1 2023 | 570 | $11.6B |
| Q4 2022 | 573 | $11.4B |
| Q3 2022 | 568 | $12.1B |
| Q2 2022 | 576 | $11.8B |
| Q1 2022 | 581 | $14.8B |
| Q4 2021 | 553 | $14.4B |
| Q3 2021 | 518 | $11.3B |
| Q2 2021 | 470 | $10.7B |
| Q1 2021 | 458 | $9.10B |
Institutions, Q4 2021
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q3 2021.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 28,277,849 | $1.99B | 0.05% | +277,390+1.0% | Added |
| BlackRock Inc. | 19,349,635 | $1.36B | 0.03% | −85,822−0.4% | Reduced |
| Select Equity Group, L.P. | 18,275,989 | $1.28B | 3.81% | +290,645+1.6% | Added |
| State Street Corp | 12,070,204 | $848.3M | 0.04% | +120,650+1.0% | Added |
| Principal Financial Group Inc | 8,130,991 | $566.5M | 0.34% | +102,269+1.3% | Added |
| First Eagle Investment Management, LLC | 7,276,967 | $511.4M | 1.28% | −53,029−0.7% | Reduced |
| Allspring Global Investments Holdings, LLC | 6,401,524 | $449.9M | 0.50% | +6,401,524 | New |
| Atlanta Capital Management Co L L C | 6,073,099 | $426.8M | 1.45% | −813,687−11.8% | Reduced |
| Price T Rowe Associates Inc | 5,739,831 | $403.4M | 0.04% | −88,021−1.5% | Reduced |
| Geode Capital Management, LLC | 4,873,604 | $341.9M | 0.04% | +405,556+9.1% | Added |
| Clarkston Capital Partners, LLC | 4,019,335 | $282.5M | 4.84% | −140,275−3.4% | Reduced |
| NN Investment Partners Holdings N.V. | 3,661,847 | $257.4M | 1.29% | +20,489+0.6% | Added |
| Wells Fargo & Company | 3,531,327 | $248.2M | 0.06% | −6,312,355−64.1% | Reduced |
| APG Asset Management N.V. | 3,993,319 | $246.8M | 0.42% | −194,824−4.7% | Reduced |
| Invesco Ltd. | 2,922,912 | $205.4M | 0.05% | +792,133+37.2% | Added |
| Fenimore Asset Management Inc | 2,884,768 | $202.7M | 4.50% | −15,919−0.5% | Reduced |
| Northern Trust Corp | 2,473,089 | $173.8M | 0.03% | −87,795−3.4% | Reduced |
| Norges Bank | 2,143,296 | $150.6M | 0.03% | +39,855+1.9% | Added |
| Manufacturers Life Insurance Company, The | 2,125,720 | $149.4M | 0.09% | −1,720−0.1% | Reduced |
| Bank of New York Mellon Corp | 1,817,968 | $127.8M | 0.02% | +95,888+5.6% | Added |
| California Public Employees Retirement System | 1,800,146 | $126.5M | 0.08% | −41,115−2.2% | Reduced |
| Charles Schwab Investment Management Inc | 1,640,950 | $115.3M | 0.03% | +47,493+3.0% | Added |
| CIBC Private Wealth Group, LLC | 1,594,058 | $112.0M | 0.23% | −5980.0% | Reduced |
| Dimensional Fund Advisors LP | 1,592,336 | $111.9M | 0.03% | −1,083−0.1% | Reduced |
| Morgan Stanley | 1,563,203 | $109.9M | 0.01% | +159,129+11.3% | Added |
| Millennium Management LLC | 1,532,352 | $107.7M | 0.12% | +237,692+18.4% | Added |
| Burgundy Asset Management Ltd. | 1,456,785 | $102.4M | 1.00% | +9,979+0.7% | Added |
| Bank of America Corp | 1,432,707 | $100.7M | 0.01% | −8,542−0.6% | Reduced |
| Legal & General Group Plc | 1,423,680 | $100.1M | 0.03% | −91,045−6.0% | Reduced |
| Madison Asset Management, LLC | 1,358,777 | $95.5M | 1.25% | −24,930−1.8% | Reduced |
| Scout Investments, Inc. | 1,228,545 | $86.3M | 1.25% | +531,846+76.3% | Added |
| UBS Asset Management Americas Inc | 1,063,763 | $74.8M | 0.03% | −33,571−3.1% | Reduced |
| Arrowstreet Capital, Limited Partnership | 1,036,389 | $72.8M | 0.09% | −451,026−30.3% | Reduced |
| Swiss National Bank | 909,675 | $63.9M | 0.04% | −37,600−4.0% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 866,711 | $60.9M | 0.04% | +159,875+22.6% | Added |
| Nuveen Asset Management, LLC | 836,770 | $58.8M | 0.02% | −100,499−10.7% | Reduced |
| Janus Henderson Group PLC | 763,287 | $53.6M | 0.02% | +437,912+134.6% | Added |
| Confluence Investment Management LLC | 720,774 | $50.7M | 0.67% | −127,931−15.1% | Reduced |
| Vaughan Nelson Investment Management, L.P. | 713,365 | $50.1M | 0.51% | −224,475−23.9% | Reduced |
| Barclays PLC | 708,343 | $49.8M | 0.03% | −32,748−4.4% | Reduced |
| Robeco Institutional Asset Management B.V. | 688,921 | $48.4M | 0.10% | −78,094−10.2% | Reduced |
| FIL Ltd | 688,525 | $48.4M | 0.05% | +470,890+216.4% | Added |
| Federated Hermes, Inc. | 677,918 | $47.6M | 0.09% | +9,996+1.5% | Added |
| Credit Suisse AG | 665,750 | $46.8M | 0.04% | +93,026+16.2% | Added |
| Adage Capital Partners GP, L.L.C. | 664,800 | $46.7M | 0.08% | +461,500+227.0% | Added |
| Royal Bank of Canada | 660,414 | $46.4M | 0.01% | −114,078−14.7% | Reduced |
| Boston Financial Mangement LLC | 629,463 | $44.2M | 1.61% | −2,323−0.4% | Reduced |
| Tandem Investment Advisors, Inc. | 620,579 | $43.6M | 2.84% | +16,874+2.8% | Added |
| Boston Trust Walden Corp | 611,317 | $43.0M | 0.34% | −6,198−1.0% | Reduced |
| Raymond James & Associates | 611,121 | $43.0M | 0.03% | −27,597−4.3% | Reduced |
| Deutsche Bank AG | 589,001 | $41.4M | 0.02% | −43,694−6.9% | Reduced |
| Caisse de Depot Et Placement du Quebec | 583,977 | $41.0M | 0.09% | +15,464+2.7% | Added |
| PGGM Investments | 572,487 | $40.2M | 0.20% | −35,364−5.8% | Reduced |
| Parametric Portfolio Associates LLC | 551,129 | $38.7M | 0.02% | +72,776+15.2% | Added |
| New York State Common Retirement Fund | 513,997 | $36.1M | 0.04% | −75,200−12.8% | Reduced |
| Amundi | 501,175 | $34.4M | 0.02% | +146,107+41.1% | Added |
| Rhumbline Advisers | 472,628 | $33.2M | 0.04% | +12,708+2.8% | Added |
| Snyder Capital Management L P | 447,578 | $31.5M | 0.76% | −2,595−0.6% | Reduced |
| Goldman Sachs Group Inc | 447,509 | $31.5M | 0.01% | −74,551−14.3% | Reduced |
| Motley Fool Wealth Management, LLC | 431,494 | $30.3M | 1.32% | −9,214−2.1% | Reduced |
| AXA S.A. | 421,900 | $29.7M | 0.08% | −84,018−16.6% | Reduced |
| California State Teachers Retirement System | 415,588 | $29.2M | 0.03% | +6,720+1.6% | Added |
| Summit Wealth Partners, LLC | 378,322 | $26.6M | 5.70% | −16,000−4.1% | Reduced |
| Worldquant Millennium Advisors LLC | 370,412 | $26.0M | 0.52% | +192,349+108.0% | Added |
| British Columbia Investment Management Corp | 367,121 | $25.8M | 0.15% | −50,254−12.0% | Reduced |
| Acadian Asset Management LLC | 361,204 | $25.4M | 0.09% | +352,740+4,167.5% | Added |
| Balyasny Asset Management LLC | 337,310 | $23.7M | 0.10% | −919,192−73.2% | Reduced |
| Dundas Partners LLP | 346,617 | $23.6M | 2.94% | +346,617 | New |
| Diamond Hill Capital Management Inc | 334,596 | $23.5M | 0.08% | −75,438−18.4% | Reduced |
| Prospector Partners LLC | 329,780 | $23.2M | 2.68% | −25,650−7.2% | Reduced |
| Philo Smith Capital Corp | 325,450 | $22.9M | 8.81% | 00.0% | Unchanged |
| Victory Capital Management Inc | 315,963 | $22.2M | 0.02% | +17,611+5.9% | Added |
| Alliancebernstein L.P. | 306,815 | $21.6M | 0.01% | −10,621−3.3% | Reduced |
| Stifel Financial Corp | 301,550 | $21.2M | 0.03% | +18,441+6.5% | Added |
| Ameriprise Financial Inc | 322,197 | $20.5M | 0.01% | +217,550+207.9% | Added |
| State Board of Administration of Florida Retirement System | 291,471 | $20.5M | 0.04% | +1,058+0.4% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 275,147 | $19.3M | 0.04% | +6,073+2.3% | Added |
| Citigroup Inc | 273,637 | $19.2M | 0.02% | −79,055−22.4% | Reduced |
| Ferguson Wellman Capital Management, Inc | 273,170 | $19.2M | 0.56% | +273,170 | New |
| Edgestream Partners, L.P. | 269,412 | $18.9M | 1.18% | −129,360−32.4% | Reduced |
| New York State Teachers Retirement System | 269,042 | $18.9M | 0.04% | −3,571−1.3% | Reduced |
| Federation des caisses Desjardins du Quebec | 263,808 | $18.5M | 0.18% | +16,812+6.8% | Added |
| JPMorgan Chase & Co | 246,591 | $17.3M | 0.00% | −103,304−29.5% | Reduced |
| TD Asset Management Inc | 245,734 | $17.3M | 0.01% | −1,501−0.6% | Reduced |
| FMR LLC | 241,947 | $17.0M | 0.00% | +22,786+10.4% | Added |
| Voloridge Investment Management, LLC | 240,914 | $16.9M | 0.09% | +25,107+11.6% | Added |
| Schwartz Investment Counsel Inc | 239,700 | $16.8M | 0.65% | 00.0% | Unchanged |
| DekaBank Deutsche Girozentrale | 235,053 | $16.4M | 0.04% | −3,529−1.5% | Reduced |
| Cresset Asset Management, LLC | 220,270 | $15.5M | 0.15% | +220,270 | New |
| Ergoteles LLC | 213,201 | $15.0M | 0.58% | −92,873−30.3% | Reduced |
| Citadel Advisors LLC | 206,201 | $14.5M | 0.02% | −16,268−7.3% | Reduced |
| Andra AP-fonden | 202,100 | $14.2M | 0.29% | +3,300+1.7% | Added |
| Motley Fool Asset Management LLC | 199,038 | $14.0M | 0.89% | −962−0.5% | Reduced |
| Prudential Financial Inc | 206,758 | $13.4M | 0.02% | +14,600+7.6% | Added |
| Canada Pension Plan Investment Board | 186,143 | $13.1M | 0.01% | +169,296+1,004.9% | Added |
| Susquehanna Fundamental Investments, LLC | 182,692 | $12.8M | 0.34% | +116,585+176.4% | Added |
| Los Angeles Capital Management LLC | 178,792 | $12.6M | 0.05% | +146,721+457.5% | Added |
| Russell Investments Group, Ltd. | 178,530 | $12.5M | 0.02% | +119,645+203.2% | Added |
| Great West Life Assurance Co | 173,475 | $12.2M | 0.03% | −4,038−2.3% | Reduced |
| Bank of Nova Scotia | 169,885 | $11.9M | 0.02% | +129,033+315.9% | Added |