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 |
|---|---|---|---|---|---|
| DekaBank Deutsche Girozentrale | 212,732 | $12.1M | 0.03% | −2,078−1.0% | Reduced |
| Vancity Investment Management Ltd | 212,000 | $12.1M | 1.81% | +37,295+21.3% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 205,141 | $11.7M | 0.06% | +109,541+114.6% | Added |
| Russell Investments Group, Ltd. | 198,628 | $11.4M | 0.02% | −56,169−22.0% | Reduced |
| Aviva PLC | 195,573 | $11.1M | 0.05% | +112,913+136.6% | Added |
| Baird Financial Group, Inc. | 194,242 | $11.1M | 0.03% | −13,908−6.7% | Reduced |
| British Columbia Investment Management Corp | 192,123 | $10.9M | 0.12% | −2,387−1.2% | Reduced |
| Janus Henderson Group PLC | 174,240 | $9.93M | 0.01% | +145,624+508.9% | Added |
| Motley Fool Asset Management LLC | 169,182 | $9.64M | 1.09% | −7,230−4.1% | Reduced |
| Janney Montgomery Scott LLC | 165,348 | $9.42M | 0.04% | +28,551+20.9% | Added |
| Speece Thorson Capital Group Inc | 159,310 | $9.08M | 1.95% | +82,531+107.5% | Added |
| Charter Trust Co | 159,116 | $9.06M | 0.72% | +7,105+4.7% | Added |
| ArrowMark Colorado Holdings LLC | 153,342 | $8.74M | 0.10% | +82,606+116.8% | Added |
| Neuberger Berman Group LLC | 148,855 | $8.48M | 0.01% | −24,781−14.3% | Reduced |
| Lountzis Asset Management, LLC | 140,690 | $8.32M | 4.99% | −5,256−3.6% | Reduced |
| CBOE Vest Financial, LLC | 144,886 | $8.25M | 1.31% | −1,631−1.1% | Reduced |
| Lazard Asset Management LLC | 142,016 | $8.09M | 0.01% | +6,140+4.5% | Added |
| Bank of Montreal | 136,880 | $7.82M | 0.01% | −18,429−11.9% | Reduced |
| State of New Jersey Common Pension Fund D | 136,155 | $7.76M | 0.03% | +9,619+7.6% | Added |
| Andra AP-fonden | 135,800 | $7.74M | 0.23% | −17,900−11.6% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 135,707 | $7.73M | 0.03% | −7,945−5.5% | Reduced |
| Schroder Investment Management Group | 135,160 | $7.70M | 0.01% | −74,225−35.4% | Reduced |
| Yousif Capital Management, LLC | 134,364 | $7.65M | 0.10% | −543−0.4% | Reduced |
| Virginia Retirement Systems Et Al | 134,100 | $7.64M | 0.08% | 00.0% | Unchanged |
| State of Wisconsin Investment Board | 133,102 | $7.58M | 0.02% | −5,930−4.3% | Reduced |
| Public Employees Retirement System of Ohio | 131,879 | $7.51M | 0.03% | −6,332−4.6% | Reduced |
| Storebrand Asset Management AS | 127,659 | $7.27M | 0.04% | +25,140+24.5% | Added |
| Toronto Dominion Bank | 125,961 | $7.17M | 0.01% | +21,110+20.1% | Added |
| First National Bank of Omaha | 123,981 | $7.06M | 0.44% | +20,455+19.8% | Added |
| Umb Bank N A | 123,404 | $7.03M | 0.11% | −3,518−2.8% | Reduced |
| Weiss Multi-Strategy Advisers LLC | 121,004 | $6.89M | 0.20% | +121,004 | New |
| Tower Bridge Advisors | 121,003 | $6.89M | 0.57% | +3,575+3.0% | Added |
| Envestnet Asset Management Inc | 119,826 | $6.83M | 0.00% | −15,382−11.4% | Reduced |
| Interval Partners, LP | 118,905 | $6.77M | 0.54% | +118,905 | New |
| Mattern Capital Management, LLC | 117,048 | $6.67M | 1.23% | +7,166+6.5% | Added |
| KBC Group NV | 116,749 | $6.65M | 0.03% | +90,196+339.7% | Added |
| Bridgewater Associates, LP | 115,837 | $6.60M | 0.04% | +50,016+76.0% | Added |
| Great West Life Assurance Co | 113,268 | $6.48M | 0.02% | −16,672−12.8% | Reduced |
| Marks Group Wealth Management, Inc | 109,488 | $6.24M | 0.85% | +1,512+1.4% | Added |
| Running Oak Capital LLC | 105,377 | $6.00M | 1.77% | +8,987+9.3% | Added |
| AQR Capital Management LLC | 104,297 | $5.94M | 0.01% | −47,807−31.4% | Reduced |
| Spring Capital Management, LLC | 102,907 | $5.86M | 5.06% | +2,001+2.0% | Added |
| Treasurer of the State of North Carolina | 102,629 | $5.85M | 0.04% | +1,310+1.3% | Added |
| Vident Investment Advisory, LLC | 101,649 | $5.79M | 0.22% | +504+0.5% | Added |
| Vaughan David Investments LLC | 100,000 | $5.70M | 0.17% | 00.0% | Unchanged |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 99,674 | $5.68M | 0.08% | −41,100−29.2% | Reduced |
| Boston Trust Walden Corp | 99,598 | $5.67M | 0.05% | +12,575+14.5% | Added |
| Squarepoint Ops LLC | 98,879 | $5.63M | 0.04% | −3,377−3.3% | Reduced |
| Asset Management One Co.,Ltd. | 96,503 | $5.56M | 0.03% | −2,929−2.9% | Reduced |
| Canada Pension Plan Investment Board | 96,930 | $5.52M | 0.01% | −116,920−54.7% | Reduced |
| WCM Investment Management, LLC | 96,418 | $5.49M | 0.02% | +77,287+404.0% | Added |
| Franklin Resources Inc | 96,209 | $5.48M | 0.00% | −2,038−2.1% | Reduced |
| Pictet Asset Management SA | 94,986 | $5.41M | 0.01% | −65−0.1% | Reduced |
| Advisor Group Holdings, Inc. | 91,784 | $5.23M | 0.01% | −12,475−12.0% | Reduced |
| Whittier Trust Co | 91,046 | $5.19M | 0.10% | +2,402+2.7% | Added |
| Kennedy Capital Management, Inc. | 90,810 | $5.17M | 0.15% | +70,775+353.3% | Added |
| Rafferty Asset Management, LLC | 90,562 | $5.16M | 0.04% | +10,043+12.5% | Added |
| Acadian Asset Management LLC | 89,657 | $5.10M | 0.03% | −159,723−64.0% | Reduced |
| Jacobs Levy Equity Management, Inc | 89,319 | $5.09M | 0.03% | −9,873−10.0% | Reduced |
| Susquehanna International Group, LLP | 88,198 | $5.02M | 0.01% | +58,100+193.0% | Added |
| Voloridge Investment Management, LLC | 87,779 | $5.00M | 0.03% | +76,988+713.4% | Added |
| Southeast Asset Advisors Inc. | 87,197 | $4.97M | 0.79% | −16,335−15.8% | Reduced |
| Amalgamated Bank | 81,674 | $4.65M | 0.04% | −481−0.6% | Reduced |
| Korea Investment CORP | 77,799 | $4.43M | 0.01% | −7,649−9.0% | Reduced |
| Natixis Advisors, L.P. | 77,556 | $4.42M | 0.02% | −34,889−31.0% | Reduced |
| BCM Advisors, LLC | 71,571 | $4.34M | 1.20% | +11,900+19.9% | Added |
| Retirement Systems of Alabama | 75,309 | $4.29M | 0.02% | −2,559−3.3% | Reduced |
| HWG Holdings LP | 74,046 | $4.22M | 2.75% | +1,349+1.9% | Added |
| The PNC Financial Services Group, Inc. | 72,614 | $4.14M | 0.00% | −3,364−4.4% | Reduced |
| Man Group plc | 71,525 | $4.07M | 0.01% | +25,895+56.7% | Added |
| LPL Financial LLC | 71,447 | $4.07M | 0.00% | −31,220−30.4% | Reduced |
| Nisa Investment Advisors, LLC | 70,332 | $4.01M | 0.03% | −1,243−1.7% | Reduced |
| Park National Corp | 69,500 | $3.96M | 0.18% | −900−1.3% | Reduced |
| Arizona State Retirement System | 67,958 | $3.87M | 0.04% | +2,080+3.2% | Added |
| Captrust Financial Advisors | 67,906 | $3.87M | 0.02% | −9,476−12.2% | Reduced |
| Ensign Peak Advisors, Inc | 67,810 | $3.86M | 0.01% | +2,750+4.2% | Added |
| Commonwealth Equity Services, LLC | 66,772 | $3.80M | 0.01% | +8,352+14.3% | Added |
| American International Group, Inc. | 63,990 | $3.65M | 0.03% | −1,722−2.6% | Reduced |
| State of Michigan Retirement System | 63,851 | $3.64M | 0.03% | +400+0.6% | Added |
| D. E. Shaw & Co., Inc. | 63,446 | $3.61M | 0.01% | −294,722−82.3% | Reduced |
| AE Wealth Management LLC | 63,439 | $3.61M | 0.03% | +2,874+4.7% | Added |
| MetLife Investment Management | 62,130 | $3.54M | 0.03% | −879−1.4% | Reduced |
| Standard Life Aberdeen plc | 60,826 | $3.47M | 0.01% | +4,139+7.3% | Added |
| Cubist Systematic Strategies, LLC | 59,162 | $3.37M | 0.03% | −126,635−68.2% | Reduced |
| Allianz Asset Management GmbH | 58,761 | $3.35M | 0.01% | +11,280+23.8% | Added |
| Vaughan Nelson Investment Management, L.P. | 57,445 | $3.27M | 0.04% | −476,730−89.2% | Reduced |
| Leavell Investment Management, Inc. | 57,200 | $3.26M | 0.24% | 00.0% | Unchanged |
| Putnam Investments LLC | 55,688 | $3.17M | 0.01% | −43,440−43.8% | Reduced |
| Teacher Retirement System of Texas | 55,624 | $3.17M | 0.02% | −62,629−53.0% | Reduced |
| Gotham Asset Management, LLC | 55,619 | $3.17M | 0.09% | +23,676+74.1% | Added |
| Steward Partners Investment Advisory, LLC | 55,069 | $3.14M | 0.05% | +3,621+7.0% | Added |
| Public Sector Pension Investment Board | 54,808 | $3.12M | 0.02% | −86,827−61.3% | Reduced |
| Worldquant Millennium Advisors LLC | 53,697 | $3.06M | 0.07% | 00.0% | Unchanged |
| Echo Street Capital Management LLC | 53,639 | $3.06M | 0.03% | +17,610+48.9% | Added |
| Great Lakes Advisors, LLC | 49,524 | $2.82M | 0.16% | −126−0.3% | Reduced |
| Independent Advisor Alliance | 49,091 | $2.80M | 0.34% | −219−0.4% | Reduced |
| Tredje AP-fonden | 48,535 | $2.77M | 0.05% | +1,186+2.5% | Added |
| Forsta Ap-Fonden | 48,400 | $2.76M | 0.03% | +6,700+16.1% | Added |
| TAP Consulting, LLC | 47,623 | $2.71M | 0.71% | −13,201−21.7% | Reduced |
| Quantbot Technologies LP | 47,597 | $2.71M | 0.19% | +4,767+11.1% | Added |