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 |
|---|---|---|---|---|---|
| IFM Investors Pty Ltd | 44,518 | $2.56M | 0.04% | +2,029+4.8% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 44,307 | $2.54M | 0.02% | +3,735+9.2% | Added |
| HighTower Advisors, LLC | 43,818 | $2.52M | 0.01% | −805−1.8% | Reduced |
| Steward Partners Investment Advisory, LLC | 43,677 | $2.51M | 0.04% | −11,392−20.7% | Reduced |
| Ironwood Investment Counsel, LLC | 43,235 | $2.48M | 0.59% | 00.0% | Unchanged |
| Henshaw Capital LLC | 42,869 | $2.46M | 0.15% | 00.0% | Unchanged |
| DuPont Capital Management Corp | 42,449 | $2.44M | 0.12% | +1,525+3.7% | Added |
| Wall Street Access Asset Management, LLC | 42,048 | $2.41M | 1.59% | 00.0% | Unchanged |
| Utah Retirement Systems | 42,036 | $2.41M | 0.03% | +100+0.2% | Added |
| Carmignac Gestion | 40,536 | $2.33M | 0.04% | +11,062+37.5% | Added |
| Mirae Asset Global Investments Co., Ltd. | 40,456 | $2.32M | 0.01% | +6,411+18.8% | Added |
| Advisory Services Network, LLC | 40,392 | $2.32M | 0.06% | +2,215+5.8% | Added |
| ING Groep NV | 39,943 | $2.29M | 0.02% | −25−0.1% | Reduced |
| BOK Financial Private Wealth, Inc. | 39,883 | $2.29M | 0.18% | +72+0.2% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 39,848 | $2.29M | 0.02% | +112+0.3% | Added |
| Quantinno Capital Management LP | 39,795 | $2.29M | 0.15% | −3,307−7.7% | Reduced |
| Eagle Asset Management Inc | 39,577 | $2.27M | 0.01% | −423−1.1% | Reduced |
| Acadian Asset Management LLC | 39,287 | $2.25M | 0.01% | −50,370−56.2% | Reduced |
| Mariner, LLC | 38,914 | $2.23M | 0.01% | −454−1.2% | Reduced |
| DnB Asset Management AS | 38,370 | $2.20M | 0.01% | −151−0.4% | Reduced |
| Handelsbanken Fonder AB | 37,834 | $2.17M | 0.01% | 00.0% | Unchanged |
| TAP Consulting, LLC | 37,733 | $2.17M | 0.53% | −9,890−20.8% | Reduced |
| Assenagon Asset Management S.A. | 37,286 | $2.14M | 0.01% | +32,958+761.5% | Added |
| Integrity Financial Corp | 36,934 | $2.12M | 1.74% | 00.0% | Unchanged |
| Legacy Financial Strategies, LLC | 36,614 | $2.10M | 0.78% | +6,340+20.9% | Added |
| State of Tennessee, Treasury Department | 36,245 | $2.08M | 0.01% | +1,189+3.4% | Added |
| Janus Henderson Group PLC | 35,635 | $2.05M | 0.00% | −138,605−79.5% | Reduced |
| Covey Capital Advisors, LLC | 34,873 | $2.00M | 3.19% | +990+2.9% | Added |
| Kesler, Norman & Wride, LLC | 34,663 | $1.99M | 0.50% | +2,412+7.5% | Added |
| Terry L. Blaker | 34,408 | $1.98M | 0.18% | −1,098−3.1% | Reduced |
| CIBC Asset Management Inc | 34,401 | $1.98M | 0.01% | +135+0.4% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 34,147 | $1.96M | 0.01% | 00.0% | Unchanged |
| Klingman & Associates, LLC | 33,525 | $1.93M | 0.17% | −90.0% | Reduced |
| New York Life Investment Management LLC | 33,480 | $1.92M | 0.02% | +73+0.2% | Added |
| Xponance, Inc. | 32,845 | $1.89M | 0.03% | +886+2.8% | Added |
| Dynamic Technology Lab Private Ltd | 32,835 | $1.89M | 0.17% | +32,835 | New |
| Triad Investment Management | 32,781 | $1.88M | 2.74% | +1,085+3.4% | Added |
| Raymond James Financial Services Advisors, Inc. | 32,687 | $1.88M | 0.00% | −1,241−3.7% | Reduced |
| State of Alaska, Department of Revenue | 32,382 | $1.86M | 0.02% | −520−1.6% | Reduced |
| Crawford Investment Counsel Inc | 32,033 | $1.84M | 0.04% | +8,190+34.3% | Added |
| Coldstream Capital Management Inc | 31,913 | $1.83M | 0.06% | +790+2.5% | Added |
| Gulf International Bank (UK) Ltd | 31,823 | $1.83M | 0.04% | −7,302−18.7% | Reduced |
| Jane Street Group, LLC | 31,803 | $1.83M | 0.00% | +26,620+513.6% | Added |
| V Wealth Advisors LLC | 31,214 | $1.79M | 0.34% | −3,062−8.9% | Reduced |
| CIBC World Markets Corp | 30,877 | $1.77M | 0.03% | −246,808−88.9% | Reduced |
| US Bancorp | 29,839 | $1.71M | 0.00% | −448−1.5% | Reduced |
| Whittier Trust Co of Nevada Inc | 29,836 | $1.71M | 0.06% | +664+2.3% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 29,156 | $1.67M | 0.01% | +1,070+3.8% | Added |
| Public Employees Retirement Association of Colorado | 27,764 | $1.59M | 0.01% | 00.0% | Unchanged |
| Czech National Bank | 27,676 | $1.59M | 0.04% | +160+0.6% | Added |
| Prudential PLC | 27,200 | $1.56M | 0.02% | −5,630−17.1% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 26,329 | $1.51M | 0.01% | +654+2.5% | Added |
| Echo Street Capital Management LLC | 26,088 | $1.50M | 0.01% | −27,551−51.4% | Reduced |
| Stephens Inc | 25,801 | $1.48M | 0.03% | +172+0.7% | Added |
| National Bank of Canada | 25,743 | $1.48M | 0.00% | +10,378+67.5% | Added |
| Nissay Asset Management Corp | 25,631 | $1.47M | 0.01% | −706−2.7% | Reduced |
| GWM Advisors LLC | 24,986 | $1.46M | 0.02% | +3,930+18.7% | Added |
| Quantbot Technologies LP | 24,925 | $1.43M | 0.10% | −22,672−47.6% | Reduced |
| First Republic Investment Management, Inc. | 24,323 | $1.40M | 0.00% | −6,957−22.2% | Reduced |
| Marshall Wace, LLP | 24,155 | $1.39M | 0.00% | +24,155 | New |
| Panagora Asset Management Inc | 24,053 | $1.38M | 0.01% | −7,368−23.4% | Reduced |
| Harbor Advisors LLC | 24,000 | $1.38M | 0.32% | 00.0% | Unchanged |
| Man Group plc | – | $1.37M | 0.00% | – | – |
| Y-Intercept (Hong Kong) Ltd | 23,698 | $1.36M | 0.16% | +15,085+175.1% | Added |
| Ameritas Investment Partners, Inc. | 23,285 | $1.34M | 0.05% | 00.0% | Unchanged |
| 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 |
| Sepio Capital, LP | 22,884 | $1.31M | 0.12% | −1,300−5.4% | Reduced |
| Crossmark Global Holdings, Inc. | 22,824 | $1.31M | 0.03% | +791+3.6% | Added |
| Bessemer Group Inc | 22,675 | $1.30M | 0.00% | −1,896−7.7% | Reduced |
| Cerity Partners LLC | 21,679 | $1.28M | 0.01% | +1,290+6.3% | Added |
| Salem Investment Counselors Inc | 22,000 | $1.26M | 0.05% | 00.0% | Unchanged |
| Vestmark Advisory Solutions, Inc. | 21,967 | $1.26M | 0.05% | +4,976+29.3% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 21,551 | $1.24M | 0.02% | +4,526+26.6% | Added |
| Teachers Retirement System of the State of Kentucky | 21,314 | $1.22M | 0.01% | 00.0% | Unchanged |
| Cacti Asset Management LLC | 21,000 | $1.21M | 0.11% | 00.0% | Unchanged |
| Illinois Municipal Retirement Fund | 20,702 | $1.19M | 0.03% | 00.0% | Unchanged |
| Robeco Institutional Asset Management B.V. | 20,590 | $1.18M | 0.00% | −10,331−33.4% | Reduced |
| Hartford Investment Management Co | 20,128 | $1.16M | 0.04% | +2,881+16.7% | Added |
| Nomura Holdings Inc | 19,894 | $1.14M | 0.01% | +2,431+13.9% | Added |
| Westpac Banking Corp | 19,510 | $1.12M | 0.02% | 00.0% | Unchanged |
| Mackenzie Financial Corp | 19,481 | $1.12M | 0.00% | +1,068+5.8% | Added |
| Securian Asset Management, Inc | 19,478 | $1.12M | 0.03% | −100−0.5% | Reduced |
| Elo Mutual Pension Insurance Co | 19,312 | $1.11M | 0.04% | +743+4.0% | Added |
| Nordea Investment Management AB | 19,319 | $1.11M | 0.00% | 00.0% | Unchanged |
| FORA Capital, LLC | 18,870 | $1.08M | 0.11% | +14,910+376.5% | Added |
| Maryland State Retirement & Pension System | 18,696 | $1.07M | 0.02% | +697+3.9% | Added |
| Prospera Financial Services Inc | 18,633 | $1.07M | 0.04% | −269−1.4% | Reduced |
| Kentucky Retirement Systems | 18,585 | $1.07M | 0.04% | +153+0.8% | Added |
| Daiwa Securities Group Inc. | 18,479 | $1.06M | 0.01% | +1,783+10.7% | Added |
| CX Institutional | 18,282 | $1.05M | 0.06% | −695−3.7% | Reduced |
| Oregon Public Employees Retirement Fund | 18,139 | $1.04M | 0.01% | 00.0% | Unchanged |
| Tributary Capital Management, LLC | 17,432 | $1.00M | 0.09% | +1,191+7.3% | Added |
| Lindenwold Advisors | 17,207 | $988.0K | 0.61% | −127−0.7% | Reduced |
| Raymond James Trust N.A. | 17,109 | $982.0K | 0.03% | +350+2.1% | Added |
| Penobscot Investment Management Company, Inc. | 17,028 | $977.7K | 0.17% | −3,830−18.4% | Reduced |
| Evermay Wealth Management LLC | 16,980 | $975.0K | 0.20% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 16,726 | $960.4K | 0.00% | −7,679−31.5% | Reduced |
| Spouting Rock Asset Management, LLC | 16,501 | $947.5K | 0.33% | 00.0% | Unchanged |
| Cognios Beta Neutral Large Cap Fund, LP | 16,617 | $942.0K | 0.90% | +1,857+12.6% | Added |