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 |
|---|---|---|---|---|---|
| TD Asset Management Inc | 218,139 | $12.5M | 0.02% | +1,017+0.5% | Added |
| Toronto Dominion Bank | 206,359 | $11.8M | 0.02% | +80,398+63.8% | Added |
| Janney Montgomery Scott LLC | 205,623 | $11.8M | 0.05% | +40,275+24.4% | Added |
| Worldquant Millennium Advisors LLC | 201,294 | $11.6M | 0.21% | +147,597+274.9% | Added |
| Speece Thorson Capital Group Inc | 194,963 | $11.2M | 2.36% | +35,653+22.4% | Added |
| Two Sigma Investments, LP | 192,336 | $11.0M | 0.03% | +187,325+3,738.3% | Added |
| DekaBank Deutsche Girozentrale | 188,683 | $10.7M | 0.03% | −24,049−11.3% | Reduced |
| CI Private Wealth, LLC | 182,909 | $10.5M | 0.03% | +173,485+1,840.9% | Added |
| Baird Financial Group, Inc. | 181,149 | $10.4M | 0.03% | −13,093−6.7% | Reduced |
| CBOE Vest Financial, LLC | 172,475 | $9.90M | 1.35% | +27,589+19.0% | Added |
| AQR Capital Management LLC | 171,942 | $9.84M | 0.02% | +67,645+64.9% | Added |
| British Columbia Investment Management Corp | 165,435 | $9.50M | 0.10% | −26,688−13.9% | Reduced |
| Motley Fool Asset Management LLC | 162,434 | $9.33M | 1.03% | −6,748−4.0% | Reduced |
| Charter Trust Co | 161,501 | $9.27M | 0.74% | +2,385+1.5% | Added |
| Intech Investment Management LLC | 158,506 | $9.10M | 0.07% | −94,165−37.3% | Reduced |
| Tudor Investment Corp Et Al | 155,193 | $8.91M | 0.17% | −69,014−30.8% | Reduced |
| Cooper Investors Pty Ltd | 153,381 | $8.81M | 0.75% | +153,381 | New |
| ArrowMark Colorado Holdings LLC | 153,324 | $8.80M | 0.10% | −180.0% | Reduced |
| Chilton Investment Co LLC | 153,163 | $8.79M | 0.27% | −322,022−67.8% | Reduced |
| Tower Bridge Advisors | 146,588 | $8.42M | 0.69% | +25,585+21.1% | Added |
| Yousif Capital Management, LLC | 144,605 | $8.30M | 0.11% | +10,241+7.6% | Added |
| Lazard Asset Management LLC | 141,520 | $8.13M | 0.01% | −496−0.3% | Reduced |
| Lountzis Asset Management, LLC | 139,742 | $8.02M | 4.75% | −948−0.7% | Reduced |
| ExodusPoint Capital Management, LP | 136,885 | $7.86M | 0.09% | +103,353+308.2% | Added |
| Chevy Chase Trust Holdings, Inc. | 136,595 | $7.84M | 0.03% | +888+0.7% | Added |
| State of Wisconsin Investment Board | 135,315 | $7.77M | 0.02% | +2,213+1.7% | Added |
| First National Bank of Omaha | 134,508 | $7.72M | 0.47% | +10,527+8.5% | Added |
| State of New Jersey Common Pension Fund D | 133,635 | $7.67M | 0.03% | −2,520−1.9% | Reduced |
| Public Employees Retirement System of Ohio | 133,295 | $7.65M | 0.03% | +1,416+1.1% | Added |
| Vident Investment Advisory, LLC | 128,316 | $7.37M | 0.24% | +26,667+26.2% | Added |
| D. E. Shaw & Co., Inc. | 127,327 | $7.31M | 0.01% | +63,881+100.7% | Added |
| Storebrand Asset Management AS | 125,527 | $7.21M | 0.04% | −2,132−1.7% | Reduced |
| Schroder Investment Management Group | 124,103 | $7.13M | 0.01% | −11,057−8.2% | Reduced |
| Umb Bank N A | 123,359 | $7.08M | 0.11% | −450.0% | Reduced |
| Jump Financial, LLC | 122,979 | $7.06M | 0.29% | +92,587+304.6% | Added |
| Boston Trust Walden Corp | 122,838 | $7.05M | 0.06% | +23,240+23.3% | Added |
| Envestnet Asset Management Inc | 121,945 | $7.00M | 0.00% | +2,119+1.8% | Added |
| Mattern Capital Management, LLC | 121,347 | $6.97M | 1.23% | +4,299+3.7% | Added |
| Susquehanna International Group, LLP | 119,163 | $6.84M | 0.01% | +30,965+35.1% | Added |
| Neuberger Berman Group LLC | 116,850 | $6.71M | 0.01% | −32,005−21.5% | Reduced |
| Gotham Asset Management, LLC | 116,370 | $6.68M | 0.16% | +60,751+109.2% | Added |
| Kennedy Capital Management, Inc. | 114,659 | $6.58M | 0.19% | +23,849+26.3% | Added |
| Natixis Advisors, L.P. | 112,882 | $6.48M | 0.02% | +35,326+45.5% | Added |
| Marks Group Wealth Management, Inc | 111,792 | $6.42M | 0.82% | +2,304+2.1% | Added |
| KBC Group NV | 111,343 | $6.39M | 0.03% | −5,406−4.6% | Reduced |
| Holocene Advisors, LP | 110,697 | $6.36M | 0.03% | +110,697 | New |
| Voloridge Investment Management, LLC | 109,276 | $6.27M | 0.03% | +21,497+24.5% | Added |
| Great West Life Assurance Co | 108,367 | $6.23M | 0.02% | −4,901−4.3% | Reduced |
| Advisor Group Holdings, Inc. | 106,600 | $6.18M | 0.01% | +14,816+16.1% | Added |
| Treasurer of the State of North Carolina | 106,609 | $6.12M | 0.03% | +3,980+3.9% | Added |
| LPL Financial LLC | 106,083 | $6.09M | 0.00% | +34,636+48.5% | Added |
| Running Oak Capital LLC | 105,015 | $6.03M | 1.72% | −362−0.3% | Reduced |
| Commonwealth Equity Services, LLC | 102,687 | $5.90M | 0.01% | +35,915+53.8% | Added |
| Spring Capital Management, LLC | 102,667 | $5.90M | 4.74% | −240−0.2% | Reduced |
| Russell Investments Group, Ltd. | 102,392 | $5.87M | 0.01% | −96,236−48.5% | Reduced |
| Vaughan David Investments LLC | 100,000 | $5.74M | 0.17% | 00.0% | Unchanged |
| Pictet Asset Management SA | 97,925 | $5.62M | 0.01% | +2,939+3.1% | Added |
| Canada Pension Plan Investment Board | 97,420 | $5.59M | 0.01% | +490+0.5% | Added |
| WCM Investment Management, LLC | 97,073 | $5.57M | 0.02% | +655+0.7% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 96,843 | $5.56M | 0.08% | −2,831−2.8% | Reduced |
| Asset Management One Co.,Ltd. | 95,404 | $5.48M | 0.02% | −1,099−1.1% | Reduced |
| Brown Brothers Harriman & Co | 93,656 | $5.38M | 0.05% | +74,872+398.6% | Added |
| Andra AP-fonden | 91,900 | $5.28M | 0.14% | −43,900−32.3% | Reduced |
| Whittier Trust Co | 89,263 | $5.13M | 0.09% | −1,783−2.0% | Reduced |
| Franklin Resources Inc | 88,752 | $5.10M | 0.00% | −7,457−7.8% | Reduced |
| Korea Investment CORP | 84,948 | $4.88M | 0.01% | +7,149+9.2% | Added |
| Southeast Asset Advisors Inc. | 83,779 | $4.81M | 0.72% | −3,418−3.9% | Reduced |
| Heron Bay Capital Management | 82,471 | $4.74M | 1.84% | +69,782+549.9% | Added |
| BCM Advisors, LLC | 70,721 | $4.66M | 1.26% | −850−1.2% | Reduced |
| Rafferty Asset Management, LLC | 79,207 | $4.55M | 0.03% | −11,355−12.5% | Reduced |
| Amalgamated Bank | 76,370 | $4.38M | 0.04% | −5,304−6.5% | Reduced |
| The PNC Financial Services Group, Inc. | 74,583 | $4.28M | 0.00% | +1,969+2.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 74,154 | $4.26M | 0.02% | −145,837−66.3% | Reduced |
| Ensign Peak Advisors, Inc | 72,260 | $4.15M | 0.01% | +4,450+6.6% | Added |
| Arizona State Retirement System | 69,990 | $4.02M | 0.04% | +2,032+3.0% | Added |
| Retirement Systems of Alabama | 69,475 | $3.99M | 0.02% | −5,834−7.7% | Reduced |
| Park National Corp | 69,000 | $3.96M | 0.18% | −500−0.7% | Reduced |
| Nisa Investment Advisors, LLC | 67,537 | $3.88M | 0.03% | −2,795−4.0% | Reduced |
| Captrust Financial Advisors | 66,486 | $3.82M | 0.02% | −1,420−2.1% | Reduced |
| AE Wealth Management LLC | 65,849 | $3.78M | 0.02% | +2,410+3.8% | Added |
| State of Michigan Retirement System | 64,551 | $3.71M | 0.02% | +700+1.1% | Added |
| American International Group, Inc. | 64,203 | $3.69M | 0.02% | +213+0.3% | Added |
| Allianz Asset Management GmbH | 63,978 | $3.67M | 0.01% | +5,217+8.9% | Added |
| MetLife Investment Management | 61,400 | $3.53M | 0.03% | −730−1.2% | Reduced |
| Standard Life Aberdeen plc | 61,180 | $3.51M | 0.01% | +354+0.6% | Added |
| Occudo Quantitative Strategies LP | 57,587 | $3.31M | 0.30% | +57,587 | New |
| Vaughan Nelson Investment Management, L.P. | 57,445 | $3.30M | 0.04% | 00.0% | Unchanged |
| Leavell Investment Management, Inc. | 57,200 | $3.28M | 0.23% | 00.0% | Unchanged |
| Public Sector Pension Investment Board | 55,328 | $3.18M | 0.02% | +520+0.9% | Added |
| Interval Partners, LP | 53,585 | $3.08M | 0.17% | −65,320−54.9% | Reduced |
| Tredje AP-fonden | 51,048 | $2.93M | 0.05% | +2,513+5.2% | Added |
| Independent Advisor Alliance | 50,794 | $2.92M | 0.14% | +1,703+3.5% | Added |
| First Trust Advisors LP | 50,750 | $2.91M | 0.00% | −225,750−81.6% | Reduced |
| Great Lakes Advisors, LLC | 50,615 | $2.91M | 0.03% | +1,091+2.2% | Added |
| Putnam Investments LLC | 49,505 | $2.84M | 0.00% | −6,183−11.1% | Reduced |
| Teacher Retirement System of Texas | 49,240 | $2.83M | 0.02% | −6,384−11.5% | Reduced |
| Texas Permanent School Fund | 49,005 | $2.81M | 0.03% | +15,606+46.7% | Added |
| HWG Holdings LP | 48,352 | $2.78M | 1.59% | −25,694−34.7% | Reduced |
| Two Sigma Advisers, LP | 47,600 | $2.73M | 0.01% | +42,700+871.4% | Added |
| Mutual of America Capital Management LLC | 46,827 | $2.69M | 0.03% | +55+0.1% | Added |