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Livermore
Livermore
ZHEN

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.

Institutional holdersQ1 2023: 570 institutions
Q1 2021: 458 institutionsQ2 2021: 470 institutionsQ3 2021: 518 institutionsQ4 2021: 553 institutionsQ1 2022: 581 institutionsQ2 2022: 576 institutionsQ3 2022: 568 institutionsQ4 2022: 573 institutionsQ1 2023: 570 institutionsQ2 2023: 607 institutionsQ3 2023: 631 institutionsQ4 2023: 686 institutionsQ1 2024: 718 institutionsQ2 2024: 760 institutionsQ3 2024: 823 institutionsQ4 2024: 875 institutionsQ1 2025: 911 institutionsQ2 2025: 931 institutionsQ3 2025: 897 institutionsQ4 2025: 890 institutionsQ1 2026: 816 institutionsQ2 2026: 809 institutions
Value heldQ1 2023: $11.6B
Q1 2021: $9.10BQ2 2021: $10.7BQ3 2021: $11.3BQ4 2021: $14.4BQ1 2022: $14.8BQ2 2022: $11.8BQ3 2022: $12.1BQ4 2022: $11.4BQ1 2023: $11.6BQ2 2023: $13.9BQ3 2023: $14.1BQ4 2023: $14.6BQ1 2024: $18.0BQ2 2024: $18.7BQ3 2024: $21.7BQ4 2024: $21.9BQ1 2025: $27.3BQ2 2025: $29.5BQ3 2025: $24.6BQ4 2025: $21.7BQ1 2026: $18.2BQ2 2026: $18.1B
Institutions holding BRO and their total value by quarter
QuarterHoldersValue
Q2 2026809$18.1B
Q1 2026816$18.2B
Q4 2025890$21.7B
Q3 2025897$24.6B
Q2 2025931$29.5B
Q1 2025911$27.3B
Q4 2024875$21.9B
Q3 2024823$21.7B
Q2 2024760$18.7B
Q1 2024718$18.0B
Q4 2023686$14.6B
Q3 2023631$14.1B
Q2 2023607$13.9B
Q1 2023570$11.6B
Q4 2022573$11.4B
Q3 2022568$12.1B
Q2 2022576$11.8B
Q1 2022581$14.8B
Q4 2021553$14.4B
Q3 2021518$11.3B
Q2 2021470$10.7B
Q1 2021458$9.10B

Institutions, Q1 2023

Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q4 2022.

Institutions holding BRO in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Glen Eagle Advisors, LLC1,250$71.8K0.02%00.0%Unchanged
Signaturefd, LLC1,287$73.9K0.00%−105−7.5%Reduced
Montag A & Associates Inc1,377$79.1K0.01%−351−20.3%Reduced
Trust Co of Vermont1,401$80.4K0.01%00.0%Unchanged
Sentry Investment Management LLC1,523$87.0K0.04%−18−1.2%Reduced
Farther Finance Advisors, LLC1,546$88.8K0.03%−198−11.4%Reduced
Parallel Advisors, LLC1,548$88.9K0.00%+91+6.2%Added
Advisors Asset Management, Inc.1,741$100.0K0.00%−415−19.2%Reduced
Capstone Investment Advisors, LLC1,857$106.6K0.00%+1,857New
Column Capital Advisors, LLC1,901$109.2K0.02%00.0%Unchanged
Ci Investments Inc.1,955$112.0K0.00%−66−3.3%Reduced
IFP Advisors, Inc4,326$121.3K0.01%−4,786−52.5%Reduced
Benjamin Edwards Inc2,129$122.0K0.03%−6−0.3%Reduced
Tradition Wealth Management, LLC2,134$123.0K0.02%+174+8.9%Added
Dark Forest Capital Management LP2,479$142.3K0.03%+2,479New
Smithfield Trust Co2,515$144.0K0.01%00.0%Unchanged
Belpointe Asset Management LLC2,882$165.5K0.01%+802+38.6%Added
Private Trust Co NA2,931$168.3K0.02%00.0%Unchanged
Horizon Investments, LLC3,070$176.0K0.01%+3,070New
Anchor Investment Management, LLC3,080$176.9K0.02%00.0%Unchanged
Carmel Capital Partners, LLC3,162$181.6K0.11%+3,162New
SG Americas Securities, LLC3,307$190.0K0.00%+3,307New
BI Asset Management Fondsmaeglerselskab A/S3,471$199.0K0.01%+451+14.9%Added
M&G Investment Management Ltd3,513$200.2K0.00%−1,927−35.4%Reduced
W.H. Cornerstone Investments Inc.3,513$202.0K0.18%+7+0.2%Added
Darwin Advisors, LLC3,400$203.4K0.06%00.0%Unchanged
Banque Cantonale Vaudoise3,700$212.0K0.01%00.0%Unchanged
Tower Research Capital LLC (TRC)3,714$213.0K0.01%−5,925−61.5%Reduced
RMB Capital Management, LLC3,715$213.3K0.01%00.0%Unchanged
Smith Shellnut Wilson LLC3,725$213.9K0.13%00.0%Unchanged
Meiji Yasuda Asset Management Co Ltd.3,740$215.0K0.01%+3,740New
AIA Group Ltd3,775$216.8K0.01%−487−11.4%Reduced
Mattern Wealth Management LLC3,810$218.8K0.07%00.0%Unchanged
Shell Asset Management Co3,960$227.0K0.01%−14−0.4%Reduced
Means Investment Co., Inc.4,000$229.7K0.04%00.0%Unchanged
SlateStone Wealth, LLC4,000$230.0K0.05%−1,000−20.0%Reduced
Provident Wealth Management, LLC4,039$231.9K0.12%00.0%Unchanged
Acrisure Capital Management, LLC4,049$232.5K0.24%−118−2.8%Reduced
Pinnacle Associates Ltd4,051$232.6K0.00%+5+0.1%Added
Vinva Investment Management Ltd4,129$233.8K0.02%+4,129New
Stonebridge Capital Advisors LLC4,100$235.4K0.03%00.0%Unchanged
Natixis4,122$236.7K0.00%−229,163−98.2%Reduced
Alberta Investment Management Corp4,200$241.2K0.00%+4,200New
Journey Strategic Wealth LLC4,274$245.4K0.03%+20.0%Added
Lumature Wealth Partners, LLC4,327$248.5K0.14%+4,327New
Foundry Partners, LLC4,341$249.3K0.02%−67−1.5%Reduced
Boothbay Fund Management, LLC4,406$253.0K0.01%+717+19.4%Added
Cadent Capital Advisors, LLC4,462$256.2K0.15%+10.0%Added
Fidelis Capital Partners, LLC3,989$260.5K0.11%+3,989New
Strategy Asset Managers LLC4,569$262.3K0.06%−241−5.0%Reduced
Buckingham Strategic Wealth, LLC4,614$262.9K0.00%00.0%Unchanged
Truadvice, LLC4,084$263.0K0.10%+4,084New
Integrated Investment Consultants, LLC4,624$265.5K0.08%+865+23.0%Added
CWS Financial Advisors, LLC4,679$268.7K0.11%−2,468−34.5%Reduced
Forum Financial Management, LP4,707$270.3K0.01%00.0%Unchanged
Fifth Third Bancorp4,719$271.0K0.00%−563−10.7%Reduced
Independent Financial Group, LLC4,719$271.0K0.02%+63+1.4%Added
Benjamin F. Edwards & Company, Inc.4,762$273.0K0.01%−403−7.8%Reduced
River Wealth Advisors LLC4,759$273.3K0.05%+102+2.2%Added
Larson Financial Group LLC4,787$274.9K0.03%+3+0.1%Added
Engineers Gate Manager LP4,802$275.7K0.01%+4,802New
Davenport & Co LLC4,803$275.8K0.00%+256+5.6%Added
B. Metzler seel. Sohn & Co. AG4,804$275.8K0.00%00.0%Unchanged
Checchi Capital Advisers, LLC4,836$277.7K0.03%00.0%Unchanged
Industrial Alliance Investment Management Inc.4,848$278.0K0.01%+4,848New
Gateway Investment Advisers LLC4,862$279.2K0.00%−193−3.8%Reduced
Wetherby Asset Management Inc4,989$286.5K0.02%−538−9.7%Reduced
Cannell Peter B & Co Inc5,050$290.0K0.01%00.0%Unchanged
CWM, LLC5,044$290.0K0.00%+695+16.0%Added
Tokio Marine Asset Management Co Ltd5,260$302.0K0.02%+200+4.0%Added
Schechter Investment Advisors, LLC5,275$302.9K0.03%+1,372+35.2%Added
Legacy Capital Wealth Partners, LLC5,315$305.2K0.08%+5,315New
Oak Thistle LLC5,525$317.2K0.19%+5,525New
Argonautica Private Wealth Management, Inc5,535$317.8K0.16%−1,012−15.5%Reduced
Somerset Trust Co5,545$318.4K0.14%−436−7.3%Reduced
Fox Run Management, L.L.C.5,587$320.8K0.10%−907−14.0%Reduced
Cetera Advisor Networks LLC5,612$322.2K0.00%+507+9.9%Added
Vontobel Holding Ltd.5,675$325.9K0.00%+458+8.8%Added
Vestcor Inc5,694$327.0K0.01%00.0%Unchanged
Washington Trust Bank5,712$328.0K0.04%00.0%Unchanged
KB Financial Partners, LLC5,856$336.0K0.10%+832+16.6%Added
Resources Investment Advisors, LLC.5,877$337.4K0.01%+5,877New
Wealthfront Advisers LLC6,267$359.9K0.00%+665+11.9%Added
Symmetry Partners, LLC6,315$363.0K0.02%00.0%Unchanged
Macquarie Group Ltd6,325$363.3K0.00%−11−0.2%Reduced
SkyView Investment Advisors, LLC6,389$367.0K0.09%+1,003+18.6%Added
Banco Bilbao Vizcaya Argentaria, S.A.6,458$370.8K0.00%+1,302+25.3%Added
Numerai GP LLC6,517$374.2K0.13%+6,517New
CWM Advisors, LLC6,536$375.3K0.05%+519+8.6%Added
Mercer Global Advisors Inc6,583$378.0K0.00%+1,972+42.8%Added
Xcel Wealth Management, LLC6,598$378.9K0.13%00.0%Unchanged
Moors & Cabot, Inc.6,676$383.3K0.03%00.0%Unchanged
Ethic Inc.6,868$394.4K0.02%+3,287+91.8%Added
Credit Capital Investments LLC6,936$398.3K0.52%+6,936New
Studio Investment Management LLC7,009$402.5K0.12%+602+9.4%Added
Diversified Trust Co7,271$417.5K0.02%+1,942+36.4%Added
Brookstone Capital Management6,994$418.3K0.01%+184+2.7%Added
Nilsine Partners, LLC7,356$422.4K0.07%+7,356New
Northwestern Mutual Investment Management Company, LLC7,389$424.3K0.01%+22+0.3%Added
Simon Quick Advisors, LLC7,772$446.3K0.05%+3,505+82.1%Added