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 |
|---|---|---|---|---|---|
| Aviva PLC | 371,941 | $21.4M | 0.10% | +176,368+90.2% | Added |
| 1832 Asset Management L.P. | 372,636 | $21.4M | 0.04% | +52,626+16.4% | Added |
| Credit Suisse AG | 381,115 | $21.9M | 0.02% | −5,266−1.4% | Reduced |
| National Pension Service | 387,873 | $22.0M | 0.04% | −300.0% | Reduced |
| Brookfield Asset Management Inc. | 382,767 | $22.0M | 0.09% | +382,767 | New |
| Citadel Advisors LLC | 387,337 | $22.2M | 0.02% | −25,763−6.2% | Reduced |
| Osterweis Capital Management Inc | 392,868 | $22.6M | 1.53% | +108,767+38.3% | Added |
| California State Teachers Retirement System | 397,381 | $22.8M | 0.03% | −3,049−0.8% | Reduced |
| Rockefeller Capital Management L.P. | 405,619 | $23.3M | 0.10% | +400,970+8,624.9% | Added |
| New York State Common Retirement Fund | 407,097 | $23.4M | 0.03% | −9,000−2.2% | Reduced |
| Renaissance Technologies LLC | 411,200 | $23.6M | 0.03% | −2,500−0.6% | Reduced |
| Motley Fool Wealth Management, LLC | 412,290 | $23.7M | 1.48% | +15,593+3.9% | Added |
| Dundas Partners LLP | 437,980 | $25.1M | 2.63% | +110.0% | Added |
| Schwartz Investment Counsel Inc | 452,150 | $26.0M | 1.14% | +104,700+30.1% | Added |
| Amundi | 462,884 | $27.2M | 0.01% | +183,595+65.7% | Added |
| Rhumbline Advisers | 476,398 | $27.4M | 0.03% | +2,107+0.4% | Added |
| Prana Capital Management, LP | 477,924 | $27.4M | 2.33% | −3,273−0.7% | Reduced |
| JPMorgan Chase & Co | 499,693 | $28.7M | 0.00% | +65,699+15.1% | Added |
| Snyder Capital Management L P | 513,474 | $29.5M | 0.63% | −12,230−2.3% | Reduced |
| Raymond James & Associates | 557,460 | $32.0M | 0.03% | +33,980+6.5% | Added |
| FIL Ltd | 587,473 | $33.7M | 0.04% | +5,368+0.9% | Added |
| FMR LLC | 607,544 | $34.9M | 0.00% | −40,973−6.3% | Reduced |
| Scout Investments, Inc. | 622,435 | $35.7M | 0.73% | −183,668−22.8% | Reduced |
| Confluence Investment Management LLC | 623,277 | $35.8M | 0.53% | +12,041+2.0% | Added |
| Boston Financial Mangement LLC | 638,882 | $36.7M | 1.43% | −702−0.1% | Reduced |
| Ameriprise Financial Inc | 647,331 | $37.2M | 0.01% | +7,213+1.1% | Added |
| Deutsche Bank AG | 672,287 | $38.6M | 0.02% | +32,256+5.0% | Added |
| Tandem Investment Advisors, Inc. | 697,010 | $40.0M | 1.92% | +48,000+7.4% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 728,800 | $41.8M | 0.03% | +11,080+1.5% | Added |
| Ceredex Value Advisors LLC | 732,950 | $42.1M | 0.66% | +732,950 | New |
| TimesSquare Capital Management, LLC | 805,125 | $46.2M | 0.68% | −10,300−1.3% | Reduced |
| UBS Asset Management Americas Inc | 815,363 | $46.8M | 0.02% | −25,642−3.0% | Reduced |
| Nuveen Asset Management, LLC | 929,304 | $53.4M | 0.02% | +8,328+0.9% | Added |
| Swiss National Bank | 955,500 | $54.9M | 0.04% | −20,200−2.1% | Reduced |
| Royal London Asset Management Ltd | 959,194 | $55.1M | 0.22% | +195,874+25.7% | Added |
| Royal Bank of Canada | 1,137,547 | $65.3M | 0.02% | +187,772+19.8% | Added |
| Wellington Management Group LLP | 1,151,096 | $66.1M | 0.01% | +61,591+5.7% | Added |
| Charles Schwab Investment Management Inc | 1,202,717 | $69.1M | 0.02% | +12,088+1.0% | Added |
| Manufacturers Life Insurance Company, The | 1,218,448 | $70.0M | 0.04% | +294,210+31.8% | Added |
| Victory Capital Management Inc | 1,222,582 | $70.2M | 0.08% | −245,671−16.7% | Reduced |
| Close Asset Management Ltd | 1,299,400 | $74.6M | 3.69% | 00.0% | Unchanged |
| Madison Asset Management, LLC | 1,314,523 | $75.5M | 1.15% | −10,679−0.8% | Reduced |
| Legal & General Group Plc | 1,333,684 | $76.6M | 0.03% | +25,911+2.0% | Added |
| CIBC Private Wealth Group, LLC | 1,437,872 | $82.6M | 0.24% | −41,717−2.8% | Reduced |
| Dimensional Fund Advisors LP | 1,462,767 | $84.0M | 0.03% | −7,235−0.5% | Reduced |
| Liontrust Investment Partners LLP | 1,509,100 | $86.7M | 1.30% | +42,900+2.9% | Added |
| California Public Employees Retirement System | 1,510,259 | $86.7M | 0.08% | −101,014−6.3% | Reduced |
| Millennium Management LLC | 1,555,771 | $89.3M | 0.10% | −48,671−3.0% | Reduced |
| Bank of America Corp | 1,856,526 | $106.6M | 0.01% | +36,404+2.0% | Added |
| Invesco Ltd. | 1,877,340 | $107.8M | 0.03% | +98,656+5.5% | Added |
| Bank of New York Mellon Corp | 1,914,764 | $109.9M | 0.02% | −32,390−1.7% | Reduced |
| Northern Trust Corp | 2,234,727 | $128.3M | 0.03% | +15,111+0.7% | Added |
| Norges Bank | 2,567,015 | $147.4M | 0.03% | +77,262+3.1% | Added |
| Fenimore Asset Management Inc | 2,707,193 | $155.4M | 4.06% | −3,092−0.1% | Reduced |
| APG Asset Management N.V. | 3,021,408 | $159.7M | 0.34% | +58,228+2.0% | Added |
| Goldman Sachs Group Inc | 2,948,940 | $169.3M | 0.05% | +75,208+2.6% | Added |
| ProShare Advisors LLC | 2,971,635 | $170.6M | 0.52% | +351,666+13.4% | Added |
| Wells Fargo & Company | 3,337,157 | $191.6M | 0.06% | +7,631+0.2% | Added |
| Clarkston Capital Partners, LLC | 3,699,120 | $212.4M | 3.96% | +64,165+1.8% | Added |
| Price T Rowe Associates Inc | 3,700,864 | $212.5M | 0.03% | −92,111−2.4% | Reduced |
| First Eagle Investment Management, LLC | 4,808,388 | $276.1M | 0.73% | +8,398+0.2% | Added |
| Geode Capital Management, LLC | 5,287,929 | $303.4M | 0.04% | +108,521+2.1% | Added |
| Allspring Global Investments Holdings, LLC | 5,761,173 | $330.8M | 0.55% | +96,271+1.7% | Added |
| Morgan Stanley | 9,399,208 | $539.7M | 0.06% | −92,240−1.0% | Reduced |
| State Street Corp | 10,893,560 | $625.5M | 0.04% | −64,745−0.6% | Reduced |
| Principal Financial Group Inc | 11,750,736 | $674.7M | 0.48% | +528,096+4.7% | Added |
| Select Equity Group, L.P. | 16,518,223 | $948.5M | 3.58% | −743,511−4.3% | Reduced |
| BlackRock Inc. | 16,764,258 | $962.6M | 0.03% | +218,939+1.3% | Added |
| Vanguard Group Inc | 27,933,307 | $1.60B | 0.04% | +154,154+0.6% | Added |
| Quilter Plc | 442 | – | – | +442 | New |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −1,097,388−100.0% | Sold out |
| Zimmer Partners, LP | 0 | $0 | 0.00% | −500,000−100.0% | Sold out |
| Alyeska Investment Group, L.P. | 0 | $0 | 0.00% | −250,577−100.0% | Sold out |
| Healthcare of Ontario Pension Plan Trust Fund | 0 | $0 | 0.00% | −205,141−100.0% | Sold out |
| Virginia Retirement Systems Et Al | 0 | $0 | 0.00% | −134,100−100.0% | Sold out |
| Weiss Multi-Strategy Advisers LLC | 0 | $0 | 0.00% | −121,004−100.0% | Sold out |
| Bridgewater Associates, LP | 0 | $0 | 0.00% | −115,837−100.0% | Sold out |
| Squarepoint Ops LLC | 0 | $0 | 0.00% | −98,879−100.0% | Sold out |
| Forsta Ap-Fonden | 0 | $0 | 0.00% | −48,400−100.0% | Sold out |
| Bright Rock Capital Management, LLC | 0 | $0 | 0.00% | −30,000−100.0% | Sold out |
| Magnetar Financial LLC | 0 | $0 | 0.00% | −17,880−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −14,551−100.0% | Sold out |
| Kula Investments, LLC | 0 | $0 | 0.00% | −13,058−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −12,795−100.0% | Sold out |
| Qsemble Capital Management, LP | 0 | $0 | 0.00% | −12,200−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −11,200−100.0% | Sold out |
| Cumberland Partners Ltd | 0 | $0 | 0.00% | −11,000−100.0% | Sold out |
| CenterBook Partners LP | 0 | $0 | 0.00% | −10,151−100.0% | Sold out |
| Allstate Corp | 0 | $0 | 0.00% | −9,986−100.0% | Sold out |
| Contravisory Investment Management, Inc. | 0 | $0 | 0.00% | −8,883−100.0% | Sold out |
| Blueshift Asset Management, LLC | 0 | $0 | 0.00% | −8,483−100.0% | Sold out |
| SRB Corp | 0 | $0 | 0.00% | −7,897−100.0% | Sold out |
| Next Level Private LLC | 0 | $0 | 0.00% | −6,965−100.0% | Sold out |
| Utah Peaks Capital Inc | 0 | $0 | 0.00% | −5,088−100.0% | Sold out |
| Pathstone Family Office, LLC | 0 | $0 | 0.00% | −13,891−100.0% | Sold out |
| Ascent Group, LLC | 0 | $0 | 0.00% | −4,712−100.0% | Sold out |
| FourThought Financial Partners, LLC | 0 | $0 | 0.00% | −4,270−100.0% | Sold out |
| Martingale Asset Management L P | 0 | $0 | 0.00% | −4,150−100.0% | Sold out |
| Point72 Middle East FZE | 0 | $0 | 0.00% | −3,324−100.0% | Sold out |
| Gyon Technologies Capital Management, LP | 0 | $0 | 0.00% | −2,970−100.0% | Sold out |