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 |
|---|---|---|---|---|---|
| Crossmark Global Holdings, Inc. | 22,824 | $1.31M | 0.03% | +791+3.6% | Added |
| Sepio Capital, LP | 22,884 | $1.31M | 0.12% | −1,300−5.4% | Reduced |
| Versor Investments LP | 22,900 | $1.31M | 0.17% | −4,600−16.7% | Reduced |
| Ossiam | 22,900 | $1.31M | 0.03% | +21,346+1,373.6% | Added |
| Ameritas Investment Partners, Inc. | 23,285 | $1.34M | 0.05% | 00.0% | Unchanged |
| Y-Intercept (Hong Kong) Ltd | 23,698 | $1.36M | 0.16% | +15,085+175.1% | Added |
| Man Group plc | – | $1.37M | 0.00% | – | – |
| Harbor Advisors LLC | 24,000 | $1.38M | 0.32% | 00.0% | Unchanged |
| Panagora Asset Management Inc | 24,053 | $1.38M | 0.01% | −7,368−23.4% | Reduced |
| Marshall Wace, LLP | 24,155 | $1.39M | 0.00% | +24,155 | New |
| First Republic Investment Management, Inc. | 24,323 | $1.40M | 0.00% | −6,957−22.2% | Reduced |
| Quantbot Technologies LP | 24,925 | $1.43M | 0.10% | −22,672−47.6% | Reduced |
| GWM Advisors LLC | 24,986 | $1.46M | 0.02% | +3,930+18.7% | Added |
| Nissay Asset Management Corp | 25,631 | $1.47M | 0.01% | −706−2.7% | Reduced |
| National Bank of Canada | 25,743 | $1.48M | 0.00% | +10,378+67.5% | Added |
| Stephens Inc | 25,801 | $1.48M | 0.03% | +172+0.7% | Added |
| Echo Street Capital Management LLC | 26,088 | $1.50M | 0.01% | −27,551−51.4% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 26,329 | $1.51M | 0.01% | +654+2.5% | Added |
| Prudential PLC | 27,200 | $1.56M | 0.02% | −5,630−17.1% | Reduced |
| Czech National Bank | 27,676 | $1.59M | 0.04% | +160+0.6% | Added |
| Public Employees Retirement Association of Colorado | 27,764 | $1.59M | 0.01% | 00.0% | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 29,156 | $1.67M | 0.01% | +1,070+3.8% | Added |
| Whittier Trust Co of Nevada Inc | 29,836 | $1.71M | 0.06% | +664+2.3% | Added |
| US Bancorp | 29,839 | $1.71M | 0.00% | −448−1.5% | Reduced |
| CIBC World Markets Corp | 30,877 | $1.77M | 0.03% | −246,808−88.9% | Reduced |
| V Wealth Advisors LLC | 31,214 | $1.79M | 0.34% | −3,062−8.9% | Reduced |
| Jane Street Group, LLC | 31,803 | $1.83M | 0.00% | +26,620+513.6% | Added |
| Gulf International Bank (UK) Ltd | 31,823 | $1.83M | 0.04% | −7,302−18.7% | Reduced |
| Coldstream Capital Management Inc | 31,913 | $1.83M | 0.06% | +790+2.5% | Added |
| Crawford Investment Counsel Inc | 32,033 | $1.84M | 0.04% | +8,190+34.3% | Added |
| State of Alaska, Department of Revenue | 32,382 | $1.86M | 0.02% | −520−1.6% | Reduced |
| Raymond James Financial Services Advisors, Inc. | 32,687 | $1.88M | 0.00% | −1,241−3.7% | Reduced |
| Triad Investment Management | 32,781 | $1.88M | 2.74% | +1,085+3.4% | Added |
| Dynamic Technology Lab Private Ltd | 32,835 | $1.89M | 0.17% | +32,835 | New |
| Xponance, Inc. | 32,845 | $1.89M | 0.03% | +886+2.8% | Added |
| New York Life Investment Management LLC | 33,480 | $1.92M | 0.02% | +73+0.2% | Added |
| Klingman & Associates, LLC | 33,525 | $1.93M | 0.17% | −90.0% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 34,147 | $1.96M | 0.01% | 00.0% | Unchanged |
| CIBC Asset Management Inc | 34,401 | $1.98M | 0.01% | +135+0.4% | Added |
| Terry L. Blaker | 34,408 | $1.98M | 0.18% | −1,098−3.1% | Reduced |
| Kesler, Norman & Wride, LLC | 34,663 | $1.99M | 0.50% | +2,412+7.5% | Added |
| Covey Capital Advisors, LLC | 34,873 | $2.00M | 3.19% | +990+2.9% | Added |
| Janus Henderson Group PLC | 35,635 | $2.05M | 0.00% | −138,605−79.5% | Reduced |
| State of Tennessee, Treasury Department | 36,245 | $2.08M | 0.01% | +1,189+3.4% | Added |
| Legacy Financial Strategies, LLC | 36,614 | $2.10M | 0.78% | +6,340+20.9% | Added |
| Integrity Financial Corp | 36,934 | $2.12M | 1.74% | 00.0% | Unchanged |
| Assenagon Asset Management S.A. | 37,286 | $2.14M | 0.01% | +32,958+761.5% | Added |
| TAP Consulting, LLC | 37,733 | $2.17M | 0.53% | −9,890−20.8% | Reduced |
| Handelsbanken Fonder AB | 37,834 | $2.17M | 0.01% | 00.0% | Unchanged |
| DnB Asset Management AS | 38,370 | $2.20M | 0.01% | −151−0.4% | Reduced |
| Mariner, LLC | 38,914 | $2.23M | 0.01% | −454−1.2% | Reduced |
| Acadian Asset Management LLC | 39,287 | $2.25M | 0.01% | −50,370−56.2% | Reduced |
| Eagle Asset Management Inc | 39,577 | $2.27M | 0.01% | −423−1.1% | Reduced |
| Quantinno Capital Management LP | 39,795 | $2.29M | 0.15% | −3,307−7.7% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 39,848 | $2.29M | 0.02% | +112+0.3% | Added |
| BOK Financial Private Wealth, Inc. | 39,883 | $2.29M | 0.18% | +72+0.2% | Added |
| ING Groep NV | 39,943 | $2.29M | 0.02% | −25−0.1% | Reduced |
| Advisory Services Network, LLC | 40,392 | $2.32M | 0.06% | +2,215+5.8% | Added |
| Mirae Asset Global Investments Co., Ltd. | 40,456 | $2.32M | 0.01% | +6,411+18.8% | Added |
| Carmignac Gestion | 40,536 | $2.33M | 0.04% | +11,062+37.5% | Added |
| Utah Retirement Systems | 42,036 | $2.41M | 0.03% | +100+0.2% | Added |
| Wall Street Access Asset Management, LLC | 42,048 | $2.41M | 1.59% | 00.0% | Unchanged |
| DuPont Capital Management Corp | 42,449 | $2.44M | 0.12% | +1,525+3.7% | Added |
| Henshaw Capital LLC | 42,869 | $2.46M | 0.15% | 00.0% | Unchanged |
| Ironwood Investment Counsel, LLC | 43,235 | $2.48M | 0.59% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 43,677 | $2.51M | 0.04% | −11,392−20.7% | Reduced |
| HighTower Advisors, LLC | 43,818 | $2.52M | 0.01% | −805−1.8% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 44,307 | $2.54M | 0.02% | +3,735+9.2% | Added |
| IFM Investors Pty Ltd | 44,518 | $2.56M | 0.04% | +2,029+4.8% | Added |
| Mutual of America Capital Management LLC | 46,827 | $2.69M | 0.03% | +55+0.1% | Added |
| Two Sigma Advisers, LP | 47,600 | $2.73M | 0.01% | +42,700+871.4% | Added |
| HWG Holdings LP | 48,352 | $2.78M | 1.59% | −25,694−34.7% | Reduced |
| Texas Permanent School Fund | 49,005 | $2.81M | 0.03% | +15,606+46.7% | Added |
| Teacher Retirement System of Texas | 49,240 | $2.83M | 0.02% | −6,384−11.5% | Reduced |
| Putnam Investments LLC | 49,505 | $2.84M | 0.00% | −6,183−11.1% | Reduced |
| Great Lakes Advisors, LLC | 50,615 | $2.91M | 0.03% | +1,091+2.2% | Added |
| First Trust Advisors LP | 50,750 | $2.91M | 0.00% | −225,750−81.6% | Reduced |
| Independent Advisor Alliance | 50,794 | $2.92M | 0.14% | +1,703+3.5% | Added |
| Tredje AP-fonden | 51,048 | $2.93M | 0.05% | +2,513+5.2% | Added |
| Interval Partners, LP | 53,585 | $3.08M | 0.17% | −65,320−54.9% | Reduced |
| Public Sector Pension Investment Board | 55,328 | $3.18M | 0.02% | +520+0.9% | Added |
| Leavell Investment Management, Inc. | 57,200 | $3.28M | 0.23% | 00.0% | Unchanged |
| Vaughan Nelson Investment Management, L.P. | 57,445 | $3.30M | 0.04% | 00.0% | Unchanged |
| Occudo Quantitative Strategies LP | 57,587 | $3.31M | 0.30% | +57,587 | New |
| Standard Life Aberdeen plc | 61,180 | $3.51M | 0.01% | +354+0.6% | Added |
| MetLife Investment Management | 61,400 | $3.53M | 0.03% | −730−1.2% | Reduced |
| Allianz Asset Management GmbH | 63,978 | $3.67M | 0.01% | +5,217+8.9% | Added |
| American International Group, Inc. | 64,203 | $3.69M | 0.02% | +213+0.3% | Added |
| State of Michigan Retirement System | 64,551 | $3.71M | 0.02% | +700+1.1% | Added |
| AE Wealth Management LLC | 65,849 | $3.78M | 0.02% | +2,410+3.8% | Added |
| Captrust Financial Advisors | 66,486 | $3.82M | 0.02% | −1,420−2.1% | Reduced |
| Nisa Investment Advisors, LLC | 67,537 | $3.88M | 0.03% | −2,795−4.0% | Reduced |
| Park National Corp | 69,000 | $3.96M | 0.18% | −500−0.7% | Reduced |
| Retirement Systems of Alabama | 69,475 | $3.99M | 0.02% | −5,834−7.7% | Reduced |
| Arizona State Retirement System | 69,990 | $4.02M | 0.04% | +2,032+3.0% | Added |
| Ensign Peak Advisors, Inc | 72,260 | $4.15M | 0.01% | +4,450+6.6% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 74,154 | $4.26M | 0.02% | −145,837−66.3% | Reduced |
| The PNC Financial Services Group, Inc. | 74,583 | $4.28M | 0.00% | +1,969+2.7% | Added |
| Amalgamated Bank | 76,370 | $4.38M | 0.04% | −5,304−6.5% | Reduced |
| Rafferty Asset Management, LLC | 79,207 | $4.55M | 0.03% | −11,355−12.5% | Reduced |