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 2022
Institutional positions in Brown & Brown, Inc. as of Dec 31, 2022. 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
- 573
- +14 vs. Q3 2022
- Shares held
- 201.4M
- +7.49M (+3.9%) vs. Q3 2022
- Total value
- $11.4B
- −$341.9M (−2.9%) vs. Q3 2022
- New holders
- 76
- 229 more added
- Sold out
- 62
- 193 more reduced
9 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2022: 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 2022
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q3 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 27,779,153 | $1.58B | 0.04% | +519,144+1.9% | Added |
| Select Equity Group, L.P. | 17,261,734 | $983.4M | 3.82% | −1,329,366−7.2% | Reduced |
| BlackRock Inc. | 16,545,319 | $942.6M | 0.03% | +284,896+1.8% | Added |
| Principal Financial Group Inc | 11,222,640 | $639.4M | 0.48% | +1,091,719+10.8% | Added |
| State Street Corp | 10,958,305 | $624.3M | 0.04% | −89,995−0.8% | Reduced |
| Morgan Stanley | 9,491,448 | $540.7M | 0.06% | +6,186,323+187.2% | Added |
| Allspring Global Investments Holdings, LLC | 5,664,902 | $322.7M | 0.55% | −226,394−3.8% | Reduced |
| Geode Capital Management, LLC | 5,179,408 | $294.6M | 0.04% | +157,366+3.1% | Added |
| First Eagle Investment Management, LLC | 4,799,990 | $273.5M | 0.75% | +58,543+1.2% | Added |
| Price T Rowe Associates Inc | 3,792,975 | $216.1M | 0.03% | −920,193−19.5% | Reduced |
| Clarkston Capital Partners, LLC | 3,634,955 | $207.1M | 3.91% | +679,991+23.0% | Added |
| Wells Fargo & Company | 3,329,526 | $189.7M | 0.06% | +16,817+0.5% | Added |
| APG Asset Management N.V. | 2,963,180 | $168.8M | 0.32% | +394,105+15.3% | Added |
| Goldman Sachs Group Inc | 2,873,732 | $163.7M | 0.05% | −188,712−6.2% | Reduced |
| Fenimore Asset Management Inc | 2,710,285 | $154.4M | 4.15% | +106,470+4.1% | Added |
| ProShare Advisors LLC | 2,619,969 | $149.3M | 0.52% | +24,317+0.9% | Added |
| Norges Bank | 2,489,753 | $141.8M | 0.03% | +130,548+5.5% | Added |
| Northern Trust Corp | 2,219,616 | $126.5M | 0.03% | +27,580+1.3% | Added |
| Bank of New York Mellon Corp | 1,947,154 | $110.9M | 0.03% | +79,684+4.3% | Added |
| Bank of America Corp | 1,820,122 | $103.7M | 0.01% | +171,543+10.4% | Added |
| Invesco Ltd. | 1,778,684 | $101.3M | 0.03% | +110,697+6.6% | Added |
| California Public Employees Retirement System | 1,611,273 | $91.8M | 0.08% | −94,242−5.5% | Reduced |
| Millennium Management LLC | 1,604,442 | $91.4M | 0.10% | +784,873+95.8% | Added |
| Dimensional Fund Advisors LP | 1,470,002 | $83.8M | 0.03% | −29,228−1.9% | Reduced |
| Victory Capital Management Inc | 1,468,253 | $83.6M | 0.10% | +1,175,211+401.0% | Added |
| Liontrust Investment Partners LLP | 1,466,200 | $83.5M | 1.49% | −84,100−5.4% | Reduced |
| Madison Asset Management, LLC | 1,325,202 | $75.5M | 1.18% | −1,022−0.1% | Reduced |
| Legal & General Group Plc | 1,307,773 | $74.5M | 0.03% | −81,264−5.9% | Reduced |
| Close Asset Management Ltd | 1,299,400 | $74.0M | 3.93% | +269,000+26.1% | Added |
| Charles Schwab Investment Management Inc | 1,190,629 | $67.8M | 0.02% | +33,207+2.9% | Added |
| Balyasny Asset Management LLC | 1,097,388 | $62.5M | 0.22% | +296,226+37.0% | Added |
| Wellington Management Group LLP | 1,089,505 | $62.1M | 0.01% | +304,921+38.9% | Added |
| Swiss National Bank | 975,700 | $55.6M | 0.04% | −62,775−6.0% | Reduced |
| Royal Bank of Canada | 949,775 | $54.1M | 0.02% | +61,584+6.9% | Added |
| Manufacturers Life Insurance Company, The | 924,238 | $52.7M | 0.03% | +285,572+44.7% | Added |
| Nuveen Asset Management, LLC | 920,976 | $52.5M | 0.02% | −29,922−3.1% | Reduced |
| UBS Asset Management Americas Inc | 841,005 | $47.9M | 0.03% | −1,289−0.2% | Reduced |
| TimesSquare Capital Management, LLC | 815,425 | $46.5M | 0.66% | +815,425 | New |
| Scout Investments, Inc. | 806,103 | $45.9M | 0.94% | −497,047−38.1% | Reduced |
| Royal London Asset Management Ltd | 763,320 | $43.5M | 0.19% | +308,956+68.0% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 717,720 | $40.9M | 0.03% | +5,030+0.7% | Added |
| Tandem Investment Advisors, Inc. | 649,010 | $37.0M | 1.91% | +39,189+6.4% | Added |
| FMR LLC | 648,517 | $36.9M | 0.00% | −348,300−34.9% | Reduced |
| Ameriprise Financial Inc | 640,118 | $36.5M | 0.01% | −44,274−6.5% | Reduced |
| Deutsche Bank AG | 640,031 | $36.5M | 0.02% | +183,828+40.3% | Added |
| Boston Financial Mangement LLC | 639,584 | $36.4M | 1.46% | +5,992+0.9% | Added |
| Point72 Asset Management, L.P. | 625,404 | $35.6M | 0.13% | −170,896−21.5% | Reduced |
| Confluence Investment Management LLC | 611,236 | $34.8M | 0.52% | −2010.0% | Reduced |
| FIL Ltd | 582,105 | $33.2M | 0.04% | −57,709−9.0% | Reduced |
| Snyder Capital Management L P | 525,704 | $29.9M | 0.68% | −8,033−1.5% | Reduced |
| Raymond James & Associates | 523,480 | $29.8M | 0.03% | +66,464+14.5% | Added |
| Zimmer Partners, LP | 500,000 | $28.5M | 0.57% | +325,000+185.7% | Added |
| Prana Capital Management, LP | 481,197 | $27.4M | 2.10% | +350,535+268.3% | Added |
| Chilton Investment Co LLC | 475,185 | $27.1M | 0.83% | +234,436+97.4% | Added |
| Rhumbline Advisers | 474,291 | $27.0M | 0.04% | +22,902+5.1% | Added |
| Barclays PLC | 461,140 | $26.3M | 0.02% | +3,854+0.8% | Added |
| Dundas Partners LLP | 437,969 | $25.0M | 2.71% | +8,280+1.9% | Added |
| JPMorgan Chase & Co | 433,994 | $24.7M | 0.00% | +44,904+11.5% | Added |
| New York State Common Retirement Fund | 416,097 | $23.7M | 0.03% | +300+0.1% | Added |
| Renaissance Technologies LLC | 413,700 | $23.6M | 0.03% | +413,700 | New |
| Citadel Advisors LLC | 413,100 | $23.5M | 0.03% | −929,950−69.2% | Reduced |
| California State Teachers Retirement System | 400,430 | $22.8M | 0.04% | +6,099+1.5% | Added |
| Motley Fool Wealth Management, LLC | 396,697 | $22.6M | 1.57% | −11,875−2.9% | Reduced |
| National Pension Service | 387,903 | $22.1M | 0.04% | +12,581+3.4% | Added |
| Credit Suisse AG | 386,381 | $22.0M | 0.02% | −92,100−19.2% | Reduced |
| Voya Investment Management LLC | 358,646 | $20.4M | 0.02% | +68,695+23.7% | Added |
| Schwartz Investment Counsel Inc | 347,450 | $19.8M | 0.90% | +34,000+10.8% | Added |
| UBS Group AG | 341,702 | $19.5M | 0.01% | +126,089+58.5% | Added |
| Prospector Partners LLC | 334,662 | $19.1M | 2.62% | +18,532+5.9% | Added |
| Stifel Financial Corp | 330,470 | $18.8M | 0.03% | −12,168−3.6% | Reduced |
| Philo Smith Capital Corp | 325,450 | $18.5M | 6.72% | 00.0% | Unchanged |
| 1832 Asset Management L.P. | 320,010 | $18.2M | 0.04% | +121,596+61.3% | Added |
| Amundi | 279,289 | $17.2M | 0.01% | −412,641−59.6% | Reduced |
| Alliancebernstein L.P. | 297,602 | $17.0M | 0.01% | −4,800−1.6% | Reduced |
| Federated Hermes, Inc. | 297,135 | $16.9M | 0.05% | −36,739−11.0% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 285,742 | $16.2M | 0.04% | +13,360+4.9% | Added |
| Osterweis Capital Management Inc | 284,101 | $16.2M | 1.18% | +284,101 | New |
| Truist Financial Corp | 282,236 | $16.1M | 0.03% | +38,742+15.9% | Added |
| Caisse de Depot Et Placement du Quebec | 282,011 | $16.1M | 0.05% | +42,850+17.9% | Added |
| Ferguson Wellman Capital Management, Inc | 281,900 | $16.1M | 0.42% | −10,201−3.5% | Reduced |
| Summit Wealth Partners, LLC | 278,322 | $15.9M | 4.21% | −1,184−0.4% | Reduced |
| CIBC World Markets Corp | 277,685 | $15.8M | 0.11% | +238,970+617.3% | Added |
| First Trust Advisors LP | 276,500 | $15.8M | 0.02% | +136,030+96.8% | Added |
| New York State Teachers Retirement System | 273,276 | $15.6M | 0.04% | +1,581+0.6% | Added |
| State Board of Administration of Florida Retirement System | 267,190 | $15.2M | 0.04% | −13,400−4.8% | Reduced |
| Nomura Asset Management Co Ltd | 263,770 | $15.0M | 0.09% | +29,600+12.6% | Added |
| Prudential Financial Inc | 260,591 | $14.8M | 0.02% | +11,511+4.6% | Added |
| Citigroup Inc | 257,209 | $14.7M | 0.02% | +18,556+7.8% | Added |
| Intech Investment Management LLC | 252,671 | $14.4M | 0.11% | −23,944−8.7% | Reduced |
| HSBC Holdings PLC | 251,863 | $14.3M | 0.02% | +104,700+71.1% | Added |
| Alyeska Investment Group, L.P. | 250,577 | $14.3M | 0.15% | +250,577 | New |
| BNP Paribas Arbitrage, SA | 250,512 | $14.3M | 0.04% | +57,360+29.7% | Added |
| Schonfeld Strategic Advisors LLC | 247,616 | $14.1M | 0.12% | +92,993+60.1% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 244,506 | $13.9M | 0.04% | +48,950+25.0% | Added |
| Natixis | 233,285 | $13.3M | 0.08% | +218,848+1,515.9% | Added |
| Tudor Investment Corp Et Al | 224,207 | $12.8M | 0.31% | +78,319+53.7% | Added |
| Diamond Hill Capital Management Inc | 223,848 | $12.8M | 0.06% | −3,330−1.5% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 219,991 | $12.5M | 0.07% | −39,407−15.2% | Reduced |
| Cresset Asset Management, LLC | 218,584 | $12.5M | 0.16% | −3,074−1.4% | Reduced |
| TD Asset Management Inc | 217,122 | $12.4M | 0.02% | +21,095+10.8% | Added |