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Livermore
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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, 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.

Institutional holdersQ4 2021: 553 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 heldQ4 2021: $14.4B
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, Q4 2021

Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q3 2021.

Institutions holding BRO in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
Bayesian Capital Management, LP16,700$1.17M0.37%+12,600+307.3%Added
Cumberland Partners Ltd16,500$1.16M0.08%−1,000−5.7%Reduced
Oregon Public Employees Retirement Fund16,400$1.15M0.01%+6,644+68.1%Added
Xponance, Inc.16,249$1.14M0.02%+3,292+25.4%Added
National Bank of Canada16,122$1.11M0.00%+16,122New
Oppenheimer Asset Management Inc.15,279$1.07M0.01%−164−1.1%Reduced
Prospera Financial Services Inc15,055$1.06M0.05%−2,455−14.0%Reduced
Louisiana State Employees Retirement System14,700$1.03M0.02%+100+0.7%Added
Castleview Partners, LLC71,334$1.01M0.01%+71,334New
BDO Wealth Advisors, LLC14,352$1.01M0.11%−1,228−7.9%Reduced
Kentucky Retirement Systems14,337$1.01M0.04%+624+4.6%Added
New Mexico Educational Retirement Board14,300$1.00M0.03%−1,000−6.5%Reduced
Regentatlantic Capital LLC14,249$1.00M0.03%+1,106+8.4%Added
Daiwa Securities Group Inc.14,064$988.0K0.01%+797+6.0%Added
JustInvest LLC13,820$971.0K0.06%+1,068+8.4%Added
Mirae Asset Global Investments Co., Ltd.13,529$951.0K0.00%+7,290+116.8%Added
Private Trust Co NA13,496$948.0K0.13%−1,591−10.5%Reduced
Pacer Advisors, Inc.13,165$925.0K0.01%−634−4.6%Reduced
Nordea Investment Management AB13,163$916.0K0.00%+610+4.9%Added
Kennedy Capital Management, Inc.12,883$905.0K0.02%−1,098−7.9%Reduced
Orrstown Financial Services Inc13,019$904.0K1.38%−1,582−10.8%Reduced
Twin Tree Management, LP12,342$867.0K0.02%−4,174−25.3%Reduced
Commerce Bank12,244$860.0K0.01%−719−5.5%Reduced
M&T Bank Corp12,122$852.0K0.00%−635−5.0%Reduced
Wedbush Securities Inc12,026$845.0K0.04%−145−1.2%Reduced
Cross Staff Investments Inc12,000$843.0K0.75%+12,000New
Triad Investment Management11,975$842.0K0.76%+11,975New
Unigestion Holding SA11,617$816.0K0.03%00.0%Unchanged
Exchange Traded Concepts, LLC10,870$764.0K0.01%+195+1.8%Added
Quadrature Capital Ltd10,838$762.0K0.04%+4,965+84.5%Added
Illinois Municipal Retirement Fund10,583$744.0K0.02%00.0%Unchanged
Ossiam10,587$744.0K0.02%+261+2.5%Added
Resonant Capital Advisors, LLC10,576$743.0K0.11%+364+3.6%Added
Northwestern Mutual Investment Management Company, LLC10,545$741.0K0.01%−71−0.7%Reduced
Benjamin F. Edwards & Company, Inc.10,370$729.0K0.03%+7,175+224.6%Added
Swiss Life Asset Management Ltd9,996$702.5K0.01%00.0%Unchanged
Toroso Investments, LLC9,883$695.0K0.02%+4,858+96.7%Added
Occidental Asset Management, LLC9,548$671.0K0.16%+4,269+80.9%Added
Seeyond9,541$670.0K0.06%00.0%Unchanged
ING Groep NV9,496$667.0K0.01%−10,127−51.6%Reduced
Advisors Asset Management, Inc.9,455$664.5K0.01%−3,028−24.3%Reduced
Jane Street Group, LLC9,137$642.0K0.00%−1,678−15.5%Reduced
Penobscot Investment Management Company, Inc.9,070$637.0K0.09%+800+9.7%Added
Macquarie Group Ltd9,019$633.0K0.00%−8,872−49.6%Reduced
Procyon Private Wealth Partners, LLC9,010$633.0K0.13%+3,577+65.8%Added
Fiduciary Trust Co8,904$626.0K0.01%00.0%Unchanged
Erste Asset Management GmbH8,900$621.5K0.01%00.0%Unchanged
Teton Advisors, Inc.8,800$618.0K0.09%00.0%Unchanged
Verition Fund Management LLC8,630$607.0K0.01%+8,630New
Heartland Bank & Trust Co8,464$595.0K0.44%+8,464New
Integrated Investment Consultants, LLC8,311$584.0K0.16%+1,389+20.1%Added
Holland Advisory Services, Inc.8,164$574.0K0.66%+8,164New
Two Sigma Investments, LP7,946$558.0K0.00%+7,946New
ETF Managers Group, LLC7,670$535.0K0.01%+7,670New
FourThought Financial, LLC7,473$525.0K0.07%−512−6.4%Reduced
Glenview Trust Co7,454$524.0K0.02%00.0%Unchanged
Point72 Hong Kong Ltd7,395$520.0K0.04%+7,395New
Palladium Partners LLC7,350$517.0K0.02%00.0%Unchanged
Norinchukin Bank, The7,273$511.0K0.01%−100−1.4%Reduced
Tributary Capital Management, LLC7,200$506.0K0.04%+7,200New
CWS Financial Advisors, LLC7,100$499.0K0.18%+7,100New
Harvest Investment Services, LLC7,057$495.0K0.21%−10,381−59.5%Reduced
1832 Asset Management L.P.6,861$484.0K0.00%−5,943−46.4%Reduced
O'Shaughnessy Asset Management, LLC6,870$483.0K0.01%+3,445+100.6%Added
Brookstone Capital Management6,818$468.0K0.01%00.0%Unchanged
Horizon Investments, LLC6,473$454.0K0.01%+6,473New
Chemistry Wealth Management LLC6,465$454.0K0.38%+6,465New
Next Level Private LLC6,465$454.0K0.38%+6,465New
Seven Eight Capital, LP6,388$449.0K0.08%−13,505−67.9%Reduced
Somerset Trust Co6,346$446.0K0.16%+113+1.8%Added
Advisor Partners LLC6,342$446.0K0.03%+458+7.8%Added
Capital Directions Investment Advisors, LLC6,302$443.0K0.13%00.0%Unchanged
JSF Financial, LLC6,306$443.0K0.22%+591+10.3%Added
Walleye Capital LLC6,294$442.0K0.01%+6,294New
Kentucky Retirement Systems Insurance Trust Fund6,278$441.0K0.04%+149+2.4%Added
Xcel Wealth Management, LLC6,227$438.0K0.11%+200+3.3%Added
SEI Investments Co6,131$431.0K0.00%+6,131New
CWM Advisors, LLC5,980$420.0K0.05%−55−0.9%Reduced
Independent Financial Group, LLC5,949$418.1K0.03%+5,949New
Financial Enhancement Group LLC5,943$418.0K0.07%+665+12.6%Added
Baker Tilly Wealth Management, LLC5,949$418.0K0.04%+1,168+24.4%Added
Fuller & Thaler Asset Management, Inc.5,932$417.0K0.00%−1,578−21.0%Reduced
Rowland & Co Investment Counsel5,930$416.8K0.09%−195−3.2%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.5,869$410.0K0.01%+140+2.4%Added
Symmetry Partners, LLC5,712$401.0K0.03%00.0%Unchanged
Washington Trust Bank5,692$400.0K0.04%+1,262+28.5%Added
Krane Funds Advisors LLC5,520$388.0K0.01%−1,713−23.7%Reduced
Cubist Systematic Strategies, LLC5,462$384.0K0.00%−190,666−97.2%Reduced
Cadent Capital Advisors, LLC5,437$382.0K0.17%+1,338+32.6%Added
Shell Asset Management Co5,416$381.0K0.01%+30+0.6%Added
Cannell Peter B & Co Inc5,300$372.0K0.01%−500−8.6%Reduced
B. Metzler seel. Sohn & Co. AG5,304$370.0K0.00%+5,304New
Cigna Investments Inc5,248$369.0K0.03%−1,850−26.1%Reduced
Wetherby Asset Management Inc5,244$369.0K0.02%−132−2.5%Reduced
Diversified Trust Co5,199$365.0K0.01%+5,199New
River Wealth Advisors LLC5,067$356.0K0.06%+170+3.5%Added
Investors Asset Management of Georgia Inc5,050$355.0K0.17%00.0%Unchanged
Creative Planning5,016$353.0K0.00%−61−1.2%Reduced
E. Ohman J:or Asset Management AB5,000$351.4K0.01%−5,400−51.9%Reduced
MML Investors Services, LLC4,936$347.0K0.00%+528+12.0%Added