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, Q1 2023
Institutional positions in Brown & Brown, Inc. as of Mar 31, 2023. 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
- 570
- +6 vs. Q4 2022
- Shares held
- 202.6M
- +1.24M (+0.6%) vs. Q4 2022
- Total value
- $11.6B
- +$231.2M (+2.0%) vs. Q4 2022
- New holders
- 53
- 241 more added
- Sold out
- 47
- 179 more reduced
9 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2023
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q4 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 27,933,307 | $1.60B | 0.04% | +154,154+0.6% | Added |
| BlackRock Inc. | 16,764,258 | $962.6M | 0.03% | +218,939+1.3% | Added |
| Select Equity Group, L.P. | 16,518,223 | $948.5M | 3.58% | −743,511−4.3% | Reduced |
| Principal Financial Group Inc | 11,750,736 | $674.7M | 0.48% | +528,096+4.7% | Added |
| State Street Corp | 10,893,560 | $625.5M | 0.04% | −64,745−0.6% | Reduced |
| Morgan Stanley | 9,399,208 | $539.7M | 0.06% | −92,240−1.0% | Reduced |
| Allspring Global Investments Holdings, LLC | 5,761,173 | $330.8M | 0.55% | +96,271+1.7% | Added |
| Geode Capital Management, LLC | 5,287,929 | $303.4M | 0.04% | +108,521+2.1% | Added |
| First Eagle Investment Management, LLC | 4,808,388 | $276.1M | 0.73% | +8,398+0.2% | Added |
| Price T Rowe Associates Inc | 3,700,864 | $212.5M | 0.03% | −92,111−2.4% | Reduced |
| Clarkston Capital Partners, LLC | 3,699,120 | $212.4M | 3.96% | +64,165+1.8% | Added |
| Wells Fargo & Company | 3,337,157 | $191.6M | 0.06% | +7,631+0.2% | Added |
| ProShare Advisors LLC | 2,971,635 | $170.6M | 0.52% | +351,666+13.4% | Added |
| Goldman Sachs Group Inc | 2,948,940 | $169.3M | 0.05% | +75,208+2.6% | Added |
| APG Asset Management N.V. | 3,021,408 | $159.7M | 0.34% | +58,228+2.0% | Added |
| Fenimore Asset Management Inc | 2,707,193 | $155.4M | 4.06% | −3,092−0.1% | Reduced |
| Norges Bank | 2,567,015 | $147.4M | 0.03% | +77,262+3.1% | Added |
| Northern Trust Corp | 2,234,727 | $128.3M | 0.03% | +15,111+0.7% | Added |
| Bank of New York Mellon Corp | 1,914,764 | $109.9M | 0.02% | −32,390−1.7% | Reduced |
| Invesco Ltd. | 1,877,340 | $107.8M | 0.03% | +98,656+5.5% | Added |
| Bank of America Corp | 1,856,526 | $106.6M | 0.01% | +36,404+2.0% | Added |
| Millennium Management LLC | 1,555,771 | $89.3M | 0.10% | −48,671−3.0% | Reduced |
| California Public Employees Retirement System | 1,510,259 | $86.7M | 0.08% | −101,014−6.3% | Reduced |
| Liontrust Investment Partners LLP | 1,509,100 | $86.7M | 1.30% | +42,900+2.9% | Added |
| Dimensional Fund Advisors LP | 1,462,767 | $84.0M | 0.03% | −7,235−0.5% | Reduced |
| CIBC Private Wealth Group, LLC | 1,437,872 | $82.6M | 0.24% | −41,717−2.8% | Reduced |
| Legal & General Group Plc | 1,333,684 | $76.6M | 0.03% | +25,911+2.0% | Added |
| Madison Asset Management, LLC | 1,314,523 | $75.5M | 1.15% | −10,679−0.8% | Reduced |
| Close Asset Management Ltd | 1,299,400 | $74.6M | 3.69% | 00.0% | Unchanged |
| Victory Capital Management Inc | 1,222,582 | $70.2M | 0.08% | −245,671−16.7% | Reduced |
| Manufacturers Life Insurance Company, The | 1,218,448 | $70.0M | 0.04% | +294,210+31.8% | Added |
| Charles Schwab Investment Management Inc | 1,202,717 | $69.1M | 0.02% | +12,088+1.0% | Added |
| Wellington Management Group LLP | 1,151,096 | $66.1M | 0.01% | +61,591+5.7% | Added |
| Royal Bank of Canada | 1,137,547 | $65.3M | 0.02% | +187,772+19.8% | Added |
| Royal London Asset Management Ltd | 959,194 | $55.1M | 0.22% | +195,874+25.7% | Added |
| Swiss National Bank | 955,500 | $54.9M | 0.04% | −20,200−2.1% | Reduced |
| Nuveen Asset Management, LLC | 929,304 | $53.4M | 0.02% | +8,328+0.9% | Added |
| UBS Asset Management Americas Inc | 815,363 | $46.8M | 0.02% | −25,642−3.0% | Reduced |
| TimesSquare Capital Management, LLC | 805,125 | $46.2M | 0.68% | −10,300−1.3% | Reduced |
| Ceredex Value Advisors LLC | 732,950 | $42.1M | 0.66% | +732,950 | New |
| Sumitomo Mitsui Trust Holdings, Inc. | 728,800 | $41.8M | 0.03% | +11,080+1.5% | Added |
| Tandem Investment Advisors, Inc. | 697,010 | $40.0M | 1.92% | +48,000+7.4% | Added |
| Deutsche Bank AG | 672,287 | $38.6M | 0.02% | +32,256+5.0% | Added |
| Ameriprise Financial Inc | 647,331 | $37.2M | 0.01% | +7,213+1.1% | Added |
| Boston Financial Mangement LLC | 638,882 | $36.7M | 1.43% | −702−0.1% | Reduced |
| Confluence Investment Management LLC | 623,277 | $35.8M | 0.53% | +12,041+2.0% | Added |
| Scout Investments, Inc. | 622,435 | $35.7M | 0.73% | −183,668−22.8% | Reduced |
| FMR LLC | 607,544 | $34.9M | 0.00% | −40,973−6.3% | Reduced |
| FIL Ltd | 587,473 | $33.7M | 0.04% | +5,368+0.9% | Added |
| Raymond James & Associates | 557,460 | $32.0M | 0.03% | +33,980+6.5% | Added |
| Snyder Capital Management L P | 513,474 | $29.5M | 0.63% | −12,230−2.3% | Reduced |
| JPMorgan Chase & Co | 499,693 | $28.7M | 0.00% | +65,699+15.1% | Added |
| Prana Capital Management, LP | 477,924 | $27.4M | 2.33% | −3,273−0.7% | Reduced |
| Rhumbline Advisers | 476,398 | $27.4M | 0.03% | +2,107+0.4% | Added |
| Amundi | 462,884 | $27.2M | 0.01% | +183,595+65.7% | Added |
| Schwartz Investment Counsel Inc | 452,150 | $26.0M | 1.14% | +104,700+30.1% | Added |
| Dundas Partners LLP | 437,980 | $25.1M | 2.63% | +110.0% | Added |
| Motley Fool Wealth Management, LLC | 412,290 | $23.7M | 1.48% | +15,593+3.9% | Added |
| Renaissance Technologies LLC | 411,200 | $23.6M | 0.03% | −2,500−0.6% | Reduced |
| New York State Common Retirement Fund | 407,097 | $23.4M | 0.03% | −9,000−2.2% | Reduced |
| Rockefeller Capital Management L.P. | 405,619 | $23.3M | 0.10% | +400,970+8,624.9% | Added |
| California State Teachers Retirement System | 397,381 | $22.8M | 0.03% | −3,049−0.8% | Reduced |
| Osterweis Capital Management Inc | 392,868 | $22.6M | 1.53% | +108,767+38.3% | Added |
| Citadel Advisors LLC | 387,337 | $22.2M | 0.02% | −25,763−6.2% | Reduced |
| Brookfield Asset Management Inc. | 382,767 | $22.0M | 0.09% | +382,767 | New |
| National Pension Service | 387,873 | $22.0M | 0.04% | −300.0% | Reduced |
| Credit Suisse AG | 381,115 | $21.9M | 0.02% | −5,266−1.4% | Reduced |
| 1832 Asset Management L.P. | 372,636 | $21.4M | 0.04% | +52,626+16.4% | Added |
| Aviva PLC | 371,941 | $21.4M | 0.10% | +176,368+90.2% | Added |
| Citigroup Inc | 362,900 | $20.8M | 0.03% | +105,691+41.1% | Added |
| Nomura Asset Management Co Ltd | 354,540 | $20.4M | 0.11% | +90,770+34.4% | Added |
| Stifel Financial Corp | 338,254 | $19.4M | 0.03% | +7,784+2.4% | Added |
| Bank of Montreal | 332,235 | $19.1M | 0.01% | +195,355+142.7% | Added |
| UBS Group AG | 331,861 | $19.1M | 0.01% | −9,841−2.9% | Reduced |
| Philo Smith Capital Corp | 325,450 | $18.7M | 6.90% | 00.0% | Unchanged |
| Point72 Asset Management, L.P. | 319,100 | $18.3M | 0.06% | −306,304−49.0% | Reduced |
| Federated Hermes, Inc. | 306,288 | $17.6M | 0.04% | +9,153+3.1% | Added |
| Caisse de Depot Et Placement du Quebec | 304,248 | $17.5M | 0.05% | +22,237+7.9% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 300,817 | $17.3M | 0.04% | +15,075+5.3% | Added |
| Alliancebernstein L.P. | 296,006 | $17.0M | 0.01% | −1,596−0.5% | Reduced |
| Ferguson Wellman Capital Management, Inc | 292,353 | $16.8M | 0.42% | +10,453+3.7% | Added |
| Barclays PLC | 292,207 | $16.8M | 0.02% | −168,933−36.6% | Reduced |
| Prospector Partners LLC | 287,187 | $16.5M | 2.39% | −47,475−14.2% | Reduced |
| Summit Wealth Partners, LLC | 278,322 | $16.0M | 4.11% | 00.0% | Unchanged |
| Verition Fund Management LLC | 272,660 | $15.7M | 0.25% | +264,978+3,449.3% | Added |
| Prudential Financial Inc | 264,328 | $15.5M | 0.02% | +3,737+1.4% | Added |
| State Board of Administration of Florida Retirement System | 267,190 | $15.3M | 0.04% | 00.0% | Unchanged |
| New York State Teachers Retirement System | 262,660 | $15.1M | 0.04% | −10,616−3.9% | Reduced |
| BNP Paribas Arbitrage, SA | 257,838 | $14.8M | 0.03% | +7,326+2.9% | Added |
| Jacobs Levy Equity Management, Inc | 254,979 | $14.6M | 0.09% | +165,660+185.5% | Added |
| Truist Financial Corp | 249,279 | $14.3M | 0.02% | −32,957−11.7% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 248,343 | $14.3M | 0.03% | +3,837+1.6% | Added |
| HSBC Holdings PLC | 242,297 | $13.9M | 0.02% | −9,566−3.8% | Reduced |
| Candriam Luxembourg S.C.A. | 259,420 | $13.7M | 0.10% | +243,193+1,498.7% | Added |
| SEI Investments Co | 234,580 | $13.5M | 0.03% | +193,332+468.7% | Added |
| Vancity Investment Management Ltd | 229,462 | $13.2M | 1.85% | +17,462+8.2% | Added |
| Cresset Asset Management, LLC | 227,239 | $13.0M | 0.26% | +8,655+4.0% | Added |
| Voya Investment Management LLC | 225,569 | $13.0M | 0.01% | −133,077−37.1% | Reduced |
| Schonfeld Strategic Advisors LLC | 224,802 | $12.9M | 0.12% | −22,814−9.2% | Reduced |
| Diamond Hill Capital Management Inc | 221,935 | $12.7M | 0.06% | −1,913−0.9% | Reduced |