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 |
|---|---|---|---|---|---|
| O'Shaughnessy Asset Management, LLC | 19,877 | $1.13M | 0.02% | −30,001−60.1% | Reduced |
| Cerity Partners LLC | 20,389 | $1.16M | 0.01% | −18,250−47.2% | Reduced |
| Illinois Municipal Retirement Fund | 20,702 | $1.18M | 0.03% | 00.0% | Unchanged |
| Penobscot Investment Management Company, Inc. | 20,858 | $1.19M | 0.21% | 00.0% | Unchanged |
| Cacti Asset Management LLC | 21,000 | $1.20M | 0.11% | 00.0% | Unchanged |
| Teachers Retirement System of the State of Kentucky | 21,314 | $1.21M | 0.01% | 00.0% | Unchanged |
| Salem Investment Counselors Inc | 22,000 | $1.25M | 0.05% | 00.0% | Unchanged |
| Crossmark Global Holdings, Inc. | 22,033 | $1.26M | 0.03% | +2,114+10.6% | Added |
| Ameritas Investment Partners, Inc. | 23,285 | $1.34M | 0.05% | 00.0% | Unchanged |
| Crawford Investment Counsel Inc | 23,843 | $1.36M | 0.03% | +547+2.3% | Added |
| Harbor Advisors LLC | 24,000 | $1.37M | 0.34% | 00.0% | Unchanged |
| Sepio Capital, LP | 24,184 | $1.38M | 0.12% | −433−1.8% | Reduced |
| Northwestern Mutual Wealth Management Co | 24,405 | $1.39M | 0.00% | +92+0.4% | Added |
| Bessemer Group Inc | 24,571 | $1.40M | 0.00% | −5,333−17.8% | Reduced |
| Stephens Inc | 25,629 | $1.46M | 0.03% | −233−0.9% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 25,675 | $1.46M | 0.01% | −535−2.0% | Reduced |
| Nissay Asset Management Corp | 26,337 | $1.50M | 0.01% | −712−2.6% | Reduced |
| Versor Investments LP | 27,500 | $1.57M | 0.13% | +27,500 | New |
| Czech National Bank | 27,516 | $1.57M | 0.04% | +271+1.0% | Added |
| Public Employees Retirement Association of Colorado | 27,764 | $1.58M | 0.01% | 00.0% | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 28,086 | $1.60M | 0.01% | −21,714−43.6% | Reduced |
| Whittier Trust Co of Nevada Inc | 29,172 | $1.66M | 0.07% | −1,360−4.5% | Reduced |
| Carmignac Gestion | 29,474 | $1.68M | 0.03% | +1,638+5.9% | Added |
| Bright Rock Capital Management, LLC | 30,000 | $1.71M | 0.44% | 00.0% | Unchanged |
| Legacy Financial Strategies, LLC | 30,274 | $1.72M | 0.71% | +1,927+6.8% | Added |
| US Bancorp | 30,287 | $1.73M | 0.00% | −4,180−12.1% | Reduced |
| Jump Financial, LLC | 30,392 | $1.73M | 0.09% | +16,655+121.2% | Added |
| Robeco Institutional Asset Management B.V. | 30,921 | $1.76M | 0.01% | −206,973−87.0% | Reduced |
| Coldstream Capital Management Inc | 31,123 | $1.77M | 0.06% | +31,123 | New |
| First Republic Investment Management, Inc. | 31,280 | $1.78M | 0.00% | +5,235+20.1% | Added |
| Panagora Asset Management Inc | 31,421 | $1.79M | 0.01% | −41,225−56.7% | Reduced |
| Triad Investment Management | 31,696 | $1.81M | 2.82% | +1,798+6.0% | Added |
| Xponance, Inc. | 31,959 | $1.82M | 0.03% | −8,095−20.2% | Reduced |
| Hyperion Capital Advisors LP | 32,000 | $1.82M | 0.90% | 00.0% | Unchanged |
| Kesler, Norman & Wride, LLC | 32,251 | $1.84M | 0.47% | +10,634+49.2% | Added |
| Achmea Investment Management B.V. | 35,033 | $1.87M | 0.06% | −9,969−22.2% | Reduced |
| Prudential PLC | 32,830 | $1.87M | 0.02% | +6,178+23.2% | Added |
| State of Alaska, Department of Revenue | 32,902 | $1.87M | 0.02% | +345+1.1% | Added |
| Texas Permanent School Fund | 33,399 | $1.90M | 0.03% | +228+0.7% | Added |
| New York Life Investment Management LLC | 33,407 | $1.90M | 0.02% | +126+0.4% | Added |
| ExodusPoint Capital Management, LP | 33,532 | $1.91M | 0.03% | −159,088−82.6% | Reduced |
| Klingman & Associates, LLC | 33,534 | $1.91M | 0.17% | +90.0% | Added |
| Covey Capital Advisors, LLC | 33,883 | $1.93M | 3.15% | +2,526+8.1% | Added |
| Raymond James Financial Services Advisors, Inc. | 33,928 | $1.93M | 0.00% | +918+2.8% | Added |
| Mirae Asset Global Investments Co., Ltd. | 34,045 | $1.94M | 0.01% | +5,901+21.0% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 34,147 | $1.95M | 0.01% | +299+0.9% | Added |
| CIBC Asset Management Inc | 34,266 | $1.95M | 0.01% | +1,265+3.8% | Added |
| V Wealth Advisors LLC | 34,276 | $1.95M | 0.41% | −238−0.7% | Reduced |
| State of Tennessee, Treasury Department | 35,056 | $2.00M | 0.01% | −29,852−46.0% | Reduced |
| Terry L. Blaker | 35,506 | $2.02M | 0.19% | +390+1.1% | Added |
| Integrity Financial Corp | 36,934 | $2.10M | 2.01% | 00.0% | Unchanged |
| Handelsbanken Fonder AB | 37,834 | $2.15M | 0.01% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 38,177 | $2.17M | 0.07% | +1,690+4.6% | Added |
| DnB Asset Management AS | 38,521 | $2.19M | 0.02% | +735+1.9% | Added |
| Gulf International Bank (UK) Ltd | 39,125 | $2.23M | 0.04% | 00.0% | Unchanged |
| Mariner, LLC | 39,368 | $2.24M | 0.01% | −1,863−4.5% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 39,736 | $2.26M | 0.02% | +5,445+15.9% | Added |
| Eagle Asset Management Inc | 40,000 | $2.27M | 0.01% | +63+0.2% | Added |
| BOK Financial Private Wealth, Inc. | 39,811 | $2.27M | 0.19% | +543+1.4% | Added |
| ING Groep NV | 39,968 | $2.28M | 0.02% | +3,225+8.8% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 40,572 | $2.31M | 0.02% | −690−1.7% | Reduced |
| DuPont Capital Management Corp | 40,924 | $2.33M | 0.11% | −9,971−19.6% | Reduced |
| SEI Investments Co | 41,248 | $2.35M | 0.01% | −156,297−79.1% | Reduced |
| Utah Retirement Systems | 41,936 | $2.39M | 0.04% | −400−0.9% | Reduced |
| Wall Street Access Asset Management, LLC | 42,048 | $2.40M | 1.80% | 00.0% | Unchanged |
| IFM Investors Pty Ltd | 42,489 | $2.42M | 0.04% | +4,383+11.5% | Added |
| Henshaw Capital LLC | 42,869 | $2.44M | 0.16% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 43,102 | $2.46M | 0.18% | +43,102 | New |
| Ironwood Investment Counsel, LLC | 43,235 | $2.46M | 0.60% | −1,280−2.9% | Reduced |
| CIBC Private Wealth Group, LLC | 1,479,589 | $2.47M | 0.01% | −832,179−36.0% | Reduced |
| Comerica Bank | 41,082 | $2.51M | 0.02% | +2,919+7.6% | Added |
| HighTower Advisors, LLC | 44,623 | $2.54M | 0.01% | +823+1.9% | Added |
| Mutual of America Capital Management LLC | 46,772 | $2.66M | 0.03% | +500+1.1% | Added |
| Quantbot Technologies LP | 47,597 | $2.71M | 0.19% | +4,767+11.1% | Added |
| TAP Consulting, LLC | 47,623 | $2.71M | 0.71% | −13,201−21.7% | Reduced |
| Forsta Ap-Fonden | 48,400 | $2.76M | 0.03% | +6,700+16.1% | Added |
| Tredje AP-fonden | 48,535 | $2.77M | 0.05% | +1,186+2.5% | Added |
| Independent Advisor Alliance | 49,091 | $2.80M | 0.34% | −219−0.4% | Reduced |
| Great Lakes Advisors, LLC | 49,524 | $2.82M | 0.16% | −126−0.3% | Reduced |
| Echo Street Capital Management LLC | 53,639 | $3.06M | 0.03% | +17,610+48.9% | Added |
| Worldquant Millennium Advisors LLC | 53,697 | $3.06M | 0.07% | 00.0% | Unchanged |
| Public Sector Pension Investment Board | 54,808 | $3.12M | 0.02% | −86,827−61.3% | Reduced |
| Steward Partners Investment Advisory, LLC | 55,069 | $3.14M | 0.05% | +3,621+7.0% | Added |
| Gotham Asset Management, LLC | 55,619 | $3.17M | 0.09% | +23,676+74.1% | Added |
| Teacher Retirement System of Texas | 55,624 | $3.17M | 0.02% | −62,629−53.0% | Reduced |
| Putnam Investments LLC | 55,688 | $3.17M | 0.01% | −43,440−43.8% | Reduced |
| Leavell Investment Management, Inc. | 57,200 | $3.26M | 0.24% | 00.0% | Unchanged |
| Vaughan Nelson Investment Management, L.P. | 57,445 | $3.27M | 0.04% | −476,730−89.2% | Reduced |
| Allianz Asset Management GmbH | 58,761 | $3.35M | 0.01% | +11,280+23.8% | Added |
| Cubist Systematic Strategies, LLC | 59,162 | $3.37M | 0.03% | −126,635−68.2% | Reduced |
| Standard Life Aberdeen plc | 60,826 | $3.47M | 0.01% | +4,139+7.3% | Added |
| MetLife Investment Management | 62,130 | $3.54M | 0.03% | −879−1.4% | Reduced |
| AE Wealth Management LLC | 63,439 | $3.61M | 0.03% | +2,874+4.7% | Added |
| D. E. Shaw & Co., Inc. | 63,446 | $3.61M | 0.01% | −294,722−82.3% | Reduced |
| State of Michigan Retirement System | 63,851 | $3.64M | 0.03% | +400+0.6% | Added |
| American International Group, Inc. | 63,990 | $3.65M | 0.03% | −1,722−2.6% | Reduced |
| Commonwealth Equity Services, LLC | 66,772 | $3.80M | 0.01% | +8,352+14.3% | Added |
| Ensign Peak Advisors, Inc | 67,810 | $3.86M | 0.01% | +2,750+4.2% | Added |
| Captrust Financial Advisors | 67,906 | $3.87M | 0.02% | −9,476−12.2% | Reduced |
| Arizona State Retirement System | 67,958 | $3.87M | 0.04% | +2,080+3.2% | Added |