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, Q2 2023
Institutional positions in Brown & Brown, Inc. as of Jun 30, 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
- 607
- +38 vs. Q1 2023
- Shares held
- 203.1M
- +624.9K (+0.3%) vs. Q1 2023
- Total value
- $13.9B
- +$2.31B (+19.9%) vs. Q1 2023
- New holders
- 78
- 229 more added
- Sold out
- 40
- 198 more reduced
1 institution that held it in Q1 2023 haven't filed for Q2 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2023: 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, Q2 2023
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q1 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 27,852,674 | $1.92B | 0.05% | −80,633−0.3% | Reduced |
| BlackRock Inc. | 16,525,558 | $1.14B | 0.03% | −238,700−1.4% | Reduced |
| Select Equity Group, L.P. | 15,711,644 | $1.08B | 4.06% | −806,579−4.9% | Reduced |
| Principal Financial Group Inc | 12,025,025 | $827.8M | 0.57% | +274,289+2.3% | Added |
| State Street Corp | 10,914,179 | $751.3M | 0.04% | +20,619+0.2% | Added |
| Morgan Stanley | 9,878,020 | $680.0M | 0.07% | +478,812+5.1% | Added |
| Allspring Global Investments Holdings, LLC | 5,712,078 | $393.2M | 0.63% | −49,095−0.9% | Reduced |
| Geode Capital Management, LLC | 5,297,262 | $364.1M | 0.04% | +9,333+0.2% | Added |
| First Eagle Investment Management, LLC | 4,190,235 | $288.5M | 0.74% | −618,153−12.9% | Reduced |
| Clarkston Capital Partners, LLC | 3,603,612 | $248.1M | 4.46% | −95,508−2.6% | Reduced |
| Wells Fargo & Company | 3,405,935 | $234.5M | 0.07% | +68,778+2.1% | Added |
| Goldman Sachs Group Inc | 3,252,636 | $223.9M | 0.06% | +303,696+10.3% | Added |
| First Trust Advisors LP | 2,898,386 | $199.5M | 0.23% | +2,847,636+5,611.1% | Added |
| ProShare Advisors LLC | 2,845,447 | $195.9M | 0.57% | −126,188−4.2% | Reduced |
| Fenimore Asset Management Inc | 2,704,896 | $186.2M | 4.65% | −2,297−0.1% | Reduced |
| APG Asset Management N.V. | 2,936,300 | $185.3M | 0.37% | −85,108−2.8% | Reduced |
| Norges Bank | 2,643,742 | $182.0M | 0.04% | +76,727+3.0% | Added |
| Northern Trust Corp | 2,154,864 | $148.3M | 0.03% | −79,863−3.6% | Reduced |
| Invesco Ltd. | 1,940,165 | $133.6M | 0.04% | +62,825+3.3% | Added |
| Bank of New York Mellon Corp | 1,784,098 | $122.8M | 0.03% | −130,666−6.8% | Reduced |
| Bank of America Corp | 1,593,358 | $109.7M | 0.01% | −263,168−14.2% | Reduced |
| California Public Employees Retirement System | 1,502,808 | $103.5M | 0.09% | −7,451−0.5% | Reduced |
| CIBC Private Wealth Group, LLC | 1,493,924 | $102.8M | 0.22% | +56,052+3.9% | Added |
| Royal Bank of Canada | 1,480,644 | $101.9M | 0.03% | +343,097+30.2% | Added |
| Dimensional Fund Advisors LP | 1,473,496 | $101.4M | 0.03% | +10,729+0.7% | Added |
| Liontrust Investment Partners LLP | 1,455,271 | $100.2M | 1.44% | −53,829−3.6% | Reduced |
| Legal & General Group Plc | 1,350,238 | $93.0M | 0.03% | +16,554+1.2% | Added |
| Madison Asset Management, LLC | 1,313,098 | $90.4M | 1.32% | −1,425−0.1% | Reduced |
| Close Asset Management Ltd | 1,305,118 | $89.8M | 4.21% | +5,718+0.4% | Added |
| Manufacturers Life Insurance Company, The | 1,255,739 | $86.4M | 0.05% | +37,291+3.1% | Added |
| Victory Capital Management Inc | 1,227,315 | $84.5M | 0.09% | +4,733+0.4% | Added |
| Charles Schwab Investment Management Inc | 1,205,787 | $83.0M | 0.02% | +3,070+0.3% | Added |
| Royal London Asset Management Ltd | 1,171,865 | $80.7M | 0.26% | +212,671+22.2% | Added |
| Millennium Management LLC | 1,037,128 | $71.4M | 0.08% | −518,643−33.3% | Reduced |
| Capital World Investors | 939,190 | $64.7M | 0.01% | +939,190 | New |
| Credit Suisse AG | 920,128 | $63.3M | 0.06% | +539,013+141.4% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 915,158 | $63.0M | 0.18% | +915,080+1,173,179.5% | Added |
| Barclays PLC | 901,851 | $62.1M | 0.04% | +609,644+208.6% | Added |
| Nuveen Asset Management, LLC | 886,062 | $61.0M | 0.02% | −43,242−4.7% | Reduced |
| Swiss National Bank | 872,600 | $60.1M | 0.04% | −82,900−8.7% | Reduced |
| JPMorgan Chase & Co | 863,598 | $59.5M | 0.01% | +363,905+72.8% | Added |
| Wellington Management Group LLP | 755,433 | $52.0M | 0.01% | −395,663−34.4% | Reduced |
| Tandem Investment Advisors, Inc. | 685,412 | $47.2M | 2.07% | −11,598−1.7% | Reduced |
| UBS Asset Management Americas Inc | 815,363 | $46.8M | 0.02% | 00.0% | Unchanged |
| TimesSquare Capital Management, LLC | 657,395 | $45.3M | 0.65% | −147,730−18.3% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 640,452 | $44.1M | 0.03% | −88,348−12.1% | Reduced |
| Boston Financial Mangement LLC | 639,429 | $44.0M | 1.59% | +547+0.1% | Added |
| Ameriprise Financial Inc | 625,266 | $43.0M | 0.01% | −22,065−3.4% | Reduced |
| Confluence Investment Management LLC | 622,639 | $42.9M | 0.62% | −638−0.1% | Reduced |
| Raymond James & Associates | 593,668 | $40.9M | 0.03% | +36,208+6.5% | Added |
| Scout Investments, Inc. | 552,636 | $39.6M | 0.81% | −69,799−11.2% | Reduced |
| FMR LLC | 561,600 | $38.7M | 0.00% | −45,944−7.6% | Reduced |
| FIL Ltd | 517,180 | $35.6M | 0.04% | −70,293−12.0% | Reduced |
| Deutsche Bank AG | 515,734 | $35.5M | 0.02% | −156,553−23.3% | Reduced |
| Verition Fund Management LLC | 512,883 | $35.3M | 0.55% | +240,223+88.1% | Added |
| Schwartz Investment Counsel Inc | 494,150 | $34.0M | 1.43% | +42,000+9.3% | Added |
| Rhumbline Advisers | 492,603 | $33.9M | 0.04% | +16,205+3.4% | Added |
| Snyder Capital Management L P | 491,384 | $33.8M | 0.72% | −22,090−4.3% | Reduced |
| UBS Group AG | 479,595 | $33.0M | 0.01% | +147,734+44.5% | Added |
| Ceredex Value Advisors LLC | 478,325 | $32.9M | 0.53% | −254,625−34.7% | Reduced |
| HSBC Holdings PLC | 452,672 | $31.2M | 0.03% | +210,375+86.8% | Added |
| LMR Partners LLP | 450,074 | $31.0M | 0.71% | +450,074 | New |
| Dundas Partners LLP | 437,980 | $30.2M | 2.84% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 412,792 | $28.4M | 0.04% | +5,695+1.4% | Added |
| Caisse de Depot Et Placement du Quebec | 411,284 | $28.3M | 0.08% | +107,036+35.2% | Added |
| Motley Fool Wealth Management, LLC | 404,711 | $27.8M | 1.64% | −7,579−1.8% | Reduced |
| Nomura Asset Management Co Ltd | 395,560 | $27.2M | 0.13% | +41,020+11.6% | Added |
| Osterweis Capital Management Inc | 394,772 | $27.2M | 1.80% | +1,904+0.5% | Added |
| California State Teachers Retirement System | 390,578 | $26.9M | 0.04% | −6,803−1.7% | Reduced |
| Price T Rowe Associates Inc | 382,587 | $26.3M | 0.00% | −3,318,277−89.7% | Reduced |
| National Pension Service | 384,456 | $26.0M | 0.04% | −3,417−0.9% | Reduced |
| Citigroup Inc | 352,651 | $24.3M | 0.03% | −10,249−2.8% | Reduced |
| Stifel Financial Corp | 346,749 | $23.9M | 0.03% | +8,495+2.5% | Added |
| Bank of Montreal | 336,541 | $23.2M | 0.01% | +4,306+1.3% | Added |
| Philo Smith Capital Corp | 325,450 | $22.4M | 7.70% | 00.0% | Unchanged |
| Cresset Asset Management, LLC | 319,870 | $22.0M | 0.16% | +92,631+40.8% | Added |
| Worldquant Millennium Advisors LLC | 317,170 | $21.8M | 0.37% | +115,876+57.6% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 316,637 | $21.8M | 0.05% | +15,820+5.3% | Added |
| Vancity Investment Management Ltd | 299,462 | $20.6M | 2.65% | +70,000+30.5% | Added |
| Candriam Luxembourg S.C.A. | 298,726 | $20.6M | 0.15% | +39,306+15.2% | Added |
| Ferguson Wellman Capital Management, Inc | 296,332 | $20.4M | 0.48% | +3,979+1.4% | Added |
| 1832 Asset Management L.P. | 295,452 | $20.3M | 0.04% | −77,184−20.7% | Reduced |
| Alliancebernstein L.P. | 292,069 | $20.1M | 0.01% | −3,937−1.3% | Reduced |
| Prospector Partners LLC | 288,887 | $19.9M | 2.77% | +1,700+0.6% | Added |
| Federated Hermes, Inc. | 288,441 | $19.9M | 0.05% | −17,847−5.8% | Reduced |
| Amundi | 276,823 | $18.7M | 0.01% | −186,061−40.2% | Reduced |
| Summit Wealth Partners, LLC | 266,850 | $18.4M | 4.61% | −11,472−4.1% | Reduced |
| State Board of Administration of Florida Retirement System | 260,169 | $17.9M | 0.04% | −7,021−2.6% | Reduced |
| Cookson Peirce & Co Inc | 255,810 | $17.6M | 1.07% | +255,810 | New |
| New York State Teachers Retirement System | 250,174 | $17.2M | 0.04% | −12,486−4.8% | Reduced |
| Jacobs Levy Equity Management, Inc | 241,934 | $16.7M | 0.10% | −13,045−5.1% | Reduced |
| Man Group plc | 235,448 | $16.2M | 0.05% | – | – |
| SEI Investments Co | 233,855 | $16.1M | 0.03% | −725−0.3% | Reduced |
| Voya Investment Management LLC | 229,323 | $15.8M | 0.02% | +3,754+1.7% | Added |
| DekaBank Deutsche Girozentrale | 231,465 | $15.7M | 0.04% | +42,782+22.7% | Added |
| CI Private Wealth, LLC | 226,279 | $15.6M | 0.04% | +43,370+23.7% | Added |
| Prana Capital Management, LP | 222,927 | $15.3M | 1.02% | −254,997−53.4% | Reduced |
| Toronto Dominion Bank | 215,531 | $14.8M | 0.02% | +9,172+4.4% | Added |
| TD Asset Management Inc | 213,550 | $14.7M | 0.02% | −4,589−2.1% | Reduced |
| Janney Montgomery Scott LLC | 208,415 | $14.3M | 0.05% | +2,792+1.4% | Added |