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 |
|---|---|---|---|---|---|
| Mutual of America Capital Management LLC | 46,772 | $2.66M | 0.03% | +500+1.1% | Added |
| HighTower Advisors, LLC | 44,623 | $2.54M | 0.01% | +823+1.9% | Added |
| Comerica Bank | 41,082 | $2.51M | 0.02% | +2,919+7.6% | Added |
| CIBC Private Wealth Group, LLC | 1,479,589 | $2.47M | 0.01% | −832,179−36.0% | Reduced |
| Ironwood Investment Counsel, LLC | 43,235 | $2.46M | 0.60% | −1,280−2.9% | Reduced |
| Quantinno Capital Management LP | 43,102 | $2.46M | 0.18% | +43,102 | New |
| Henshaw Capital LLC | 42,869 | $2.44M | 0.16% | 00.0% | Unchanged |
| IFM Investors Pty Ltd | 42,489 | $2.42M | 0.04% | +4,383+11.5% | Added |
| Wall Street Access Asset Management, LLC | 42,048 | $2.40M | 1.80% | 00.0% | Unchanged |
| Utah Retirement Systems | 41,936 | $2.39M | 0.04% | −400−0.9% | Reduced |
| SEI Investments Co | 41,248 | $2.35M | 0.01% | −156,297−79.1% | Reduced |
| DuPont Capital Management Corp | 40,924 | $2.33M | 0.11% | −9,971−19.6% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 40,572 | $2.31M | 0.02% | −690−1.7% | Reduced |
| ING Groep NV | 39,968 | $2.28M | 0.02% | +3,225+8.8% | Added |
| BOK Financial Private Wealth, Inc. | 39,811 | $2.27M | 0.19% | +543+1.4% | Added |
| Eagle Asset Management Inc | 40,000 | $2.27M | 0.01% | +63+0.2% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 39,736 | $2.26M | 0.02% | +5,445+15.9% | Added |
| Mariner, LLC | 39,368 | $2.24M | 0.01% | −1,863−4.5% | Reduced |
| Gulf International Bank (UK) Ltd | 39,125 | $2.23M | 0.04% | 00.0% | Unchanged |
| DnB Asset Management AS | 38,521 | $2.19M | 0.02% | +735+1.9% | Added |
| Advisory Services Network, LLC | 38,177 | $2.17M | 0.07% | +1,690+4.6% | Added |
| Handelsbanken Fonder AB | 37,834 | $2.15M | 0.01% | 00.0% | Unchanged |
| Integrity Financial Corp | 36,934 | $2.10M | 2.01% | 00.0% | Unchanged |
| Terry L. Blaker | 35,506 | $2.02M | 0.19% | +390+1.1% | Added |
| State of Tennessee, Treasury Department | 35,056 | $2.00M | 0.01% | −29,852−46.0% | Reduced |
| V Wealth Advisors LLC | 34,276 | $1.95M | 0.41% | −238−0.7% | Reduced |
| CIBC Asset Management Inc | 34,266 | $1.95M | 0.01% | +1,265+3.8% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 34,147 | $1.95M | 0.01% | +299+0.9% | Added |
| Mirae Asset Global Investments Co., Ltd. | 34,045 | $1.94M | 0.01% | +5,901+21.0% | Added |
| Raymond James Financial Services Advisors, Inc. | 33,928 | $1.93M | 0.00% | +918+2.8% | Added |
| Covey Capital Advisors, LLC | 33,883 | $1.93M | 3.15% | +2,526+8.1% | Added |
| Klingman & Associates, LLC | 33,534 | $1.91M | 0.17% | +90.0% | Added |
| ExodusPoint Capital Management, LP | 33,532 | $1.91M | 0.03% | −159,088−82.6% | Reduced |
| New York Life Investment Management LLC | 33,407 | $1.90M | 0.02% | +126+0.4% | Added |
| Texas Permanent School Fund | 33,399 | $1.90M | 0.03% | +228+0.7% | Added |
| State of Alaska, Department of Revenue | 32,902 | $1.87M | 0.02% | +345+1.1% | Added |
| Prudential PLC | 32,830 | $1.87M | 0.02% | +6,178+23.2% | Added |
| Achmea Investment Management B.V. | 35,033 | $1.87M | 0.06% | −9,969−22.2% | Reduced |
| Kesler, Norman & Wride, LLC | 32,251 | $1.84M | 0.47% | +10,634+49.2% | Added |
| Hyperion Capital Advisors LP | 32,000 | $1.82M | 0.90% | 00.0% | Unchanged |
| Xponance, Inc. | 31,959 | $1.82M | 0.03% | −8,095−20.2% | Reduced |
| Triad Investment Management | 31,696 | $1.81M | 2.82% | +1,798+6.0% | Added |
| Panagora Asset Management Inc | 31,421 | $1.79M | 0.01% | −41,225−56.7% | Reduced |
| First Republic Investment Management, Inc. | 31,280 | $1.78M | 0.00% | +5,235+20.1% | Added |
| Coldstream Capital Management Inc | 31,123 | $1.77M | 0.06% | +31,123 | New |
| Robeco Institutional Asset Management B.V. | 30,921 | $1.76M | 0.01% | −206,973−87.0% | Reduced |
| Jump Financial, LLC | 30,392 | $1.73M | 0.09% | +16,655+121.2% | Added |
| US Bancorp | 30,287 | $1.73M | 0.00% | −4,180−12.1% | Reduced |
| Legacy Financial Strategies, LLC | 30,274 | $1.72M | 0.71% | +1,927+6.8% | Added |
| Bright Rock Capital Management, LLC | 30,000 | $1.71M | 0.44% | 00.0% | Unchanged |
| Carmignac Gestion | 29,474 | $1.68M | 0.03% | +1,638+5.9% | Added |
| Whittier Trust Co of Nevada Inc | 29,172 | $1.66M | 0.07% | −1,360−4.5% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 28,086 | $1.60M | 0.01% | −21,714−43.6% | Reduced |
| Public Employees Retirement Association of Colorado | 27,764 | $1.58M | 0.01% | 00.0% | Unchanged |
| Czech National Bank | 27,516 | $1.57M | 0.04% | +271+1.0% | Added |
| Versor Investments LP | 27,500 | $1.57M | 0.13% | +27,500 | New |
| Nissay Asset Management Corp | 26,337 | $1.50M | 0.01% | −712−2.6% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 25,675 | $1.46M | 0.01% | −535−2.0% | Reduced |
| Stephens Inc | 25,629 | $1.46M | 0.03% | −233−0.9% | Reduced |
| Bessemer Group Inc | 24,571 | $1.40M | 0.00% | −5,333−17.8% | Reduced |
| Northwestern Mutual Wealth Management Co | 24,405 | $1.39M | 0.00% | +92+0.4% | Added |
| Sepio Capital, LP | 24,184 | $1.38M | 0.12% | −433−1.8% | Reduced |
| Harbor Advisors LLC | 24,000 | $1.37M | 0.34% | 00.0% | Unchanged |
| Crawford Investment Counsel Inc | 23,843 | $1.36M | 0.03% | +547+2.3% | Added |
| Ameritas Investment Partners, Inc. | 23,285 | $1.34M | 0.05% | 00.0% | Unchanged |
| Crossmark Global Holdings, Inc. | 22,033 | $1.26M | 0.03% | +2,114+10.6% | Added |
| Salem Investment Counselors Inc | 22,000 | $1.25M | 0.05% | 00.0% | Unchanged |
| Teachers Retirement System of the State of Kentucky | 21,314 | $1.21M | 0.01% | 00.0% | Unchanged |
| Cacti Asset Management LLC | 21,000 | $1.20M | 0.11% | 00.0% | Unchanged |
| Penobscot Investment Management Company, Inc. | 20,858 | $1.19M | 0.21% | 00.0% | Unchanged |
| Illinois Municipal Retirement Fund | 20,702 | $1.18M | 0.03% | 00.0% | Unchanged |
| Cerity Partners LLC | 20,389 | $1.16M | 0.01% | −18,250−47.2% | Reduced |
| O'Shaughnessy Asset Management, LLC | 19,877 | $1.13M | 0.02% | −30,001−60.1% | Reduced |
| Securian Asset Management, Inc | 19,578 | $1.12M | 0.03% | +139+0.7% | Added |
| Westpac Banking Corp | 19,510 | $1.11M | 0.02% | 00.0% | Unchanged |
| Bank of Nova Scotia | 19,465 | $1.11M | 0.00% | +80.0% | Added |
| Nordea Investment Management AB | 19,319 | $1.10M | 0.00% | +5,323+38.0% | Added |
| CX Institutional | 18,977 | $1.08M | 0.07% | +710+3.9% | Added |
| Prospera Financial Services Inc | 18,902 | $1.08M | 0.05% | −218−1.1% | Reduced |
| Brown Brothers Harriman & Co | 18,784 | $1.07M | 0.01% | +1,058+6.0% | Added |
| JustInvest LLC | 18,579 | $1.06M | 0.04% | −218−1.2% | Reduced |
| Elo Mutual Pension Insurance Co | 18,569 | $1.06M | 0.04% | +597+3.3% | Added |
| Kentucky Retirement Systems | 18,432 | $1.05M | 0.04% | +81+0.4% | Added |
| Mackenzie Financial Corp | 18,413 | $1.05M | 0.00% | +3,073+20.0% | Added |
| Oregon Public Employees Retirement Fund | 18,139 | $1.03M | 0.01% | +260+1.5% | Added |
| Coronation Fund Managers Ltd. | 18,071 | $1.03M | 0.03% | +18,071 | New |
| Maryland State Retirement & Pension System | 17,999 | $1.03M | 0.03% | 00.0% | Unchanged |
| Magnetar Financial LLC | 17,880 | $1.02M | 0.02% | +17,880 | New |
| Keybank National Association | 17,871 | $1.02M | 0.00% | −3,484−16.3% | Reduced |
| Nomura Holdings Inc | 17,463 | $994.0K | 0.01% | −812−4.4% | Reduced |
| Lindenwold Advisors | 17,334 | $987.5K | 0.66% | −1,970−10.2% | Reduced |
| Hartford Investment Management Co | 17,247 | $983.0K | 0.03% | −5,399−23.8% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 17,025 | $969.9K | 0.02% | 00.0% | Unchanged |
| Vestmark Advisory Solutions, Inc. | 16,991 | $968.0K | 0.05% | +416+2.5% | Added |
| Evermay Wealth Management LLC | 16,980 | $967.4K | 0.20% | −1,500−8.1% | Reduced |
| Raymond James Trust N.A. | 16,759 | $955.0K | 0.03% | +1,006+6.4% | Added |
| Daiwa Securities Group Inc. | 16,696 | $951.0K | 0.01% | +1,172+7.5% | Added |
| Cim, LLC | 16,165 | $942.6K | 0.19% | −653−3.9% | Reduced |
| Spouting Rock Asset Management, LLC | 16,501 | $940.1K | 0.70% | 00.0% | Unchanged |
| Tributary Capital Management, LLC | 16,241 | $925.0K | 0.09% | +2,211+15.8% | Added |