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, Q3 2023
Institutional positions in Brown & Brown, Inc. as of Sep 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
- 631
- +29 vs. Q2 2023
- Shares held
- 201.3M
- −1.64M (−0.8%) vs. Q2 2023
- Total value
- $14.1B
- +$200.6M (+1.4%) vs. Q2 2023
- New holders
- 68
- 219 more added
- Sold out
- 39
- 223 more reduced
5 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2023
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q2 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 27,885,759 | $1.95B | 0.05% | +33,085+0.1% | Added |
| BlackRock Inc. | 16,090,977 | $1.12B | 0.03% | −434,581−2.6% | Reduced |
| Select Equity Group, L.P. | 14,753,756 | $1.03B | 4.25% | −957,888−6.1% | Reduced |
| Principal Financial Group Inc | 12,031,762 | $840.3M | 0.60% | +6,737+0.1% | Added |
| State Street Corp | 10,705,564 | $747.7M | 0.04% | −208,615−1.9% | Reduced |
| Morgan Stanley | 9,335,600 | $652.0M | 0.07% | −542,420−5.5% | Reduced |
| Geode Capital Management, LLC | 5,383,472 | $375.2M | 0.04% | +86,210+1.6% | Added |
| Allspring Global Investments Holdings, LLC | 5,206,878 | $363.6M | 0.65% | −505,200−8.8% | Reduced |
| First Eagle Investment Management, LLC | 4,146,218 | $289.6M | 0.76% | −44,017−1.1% | Reduced |
| Wells Fargo & Company | 3,442,936 | $240.5M | 0.08% | +37,001+1.1% | Added |
| Clarkston Capital Partners, LLC | 3,254,029 | $227.3M | 4.46% | −349,583−9.7% | Reduced |
| Goldman Sachs Group Inc | 3,073,806 | $214.7M | 0.05% | −178,830−5.5% | Reduced |
| APG Asset Management N.V. | 2,799,455 | $195.5M | 0.40% | −136,845−4.7% | Reduced |
| Norges Bank | 2,690,507 | $187.9M | 0.04% | +46,765+1.8% | Added |
| First Trust Advisors LP | 2,644,868 | $184.7M | 0.22% | −253,518−8.7% | Reduced |
| ProShare Advisors LLC | 2,611,143 | $182.4M | 0.57% | −234,304−8.2% | Reduced |
| Fenimore Asset Management Inc | 2,430,295 | $169.7M | 4.41% | −274,601−10.2% | Reduced |
| Northern Trust Corp | 2,285,511 | $159.6M | 0.03% | +130,647+6.1% | Added |
| Invesco Ltd. | 1,937,495 | $135.3M | 0.04% | −2,670−0.1% | Reduced |
| Bank of New York Mellon Corp | 1,732,459 | $121.0M | 0.03% | −51,639−2.9% | Reduced |
| Royal Bank of Canada | 1,715,645 | $119.8M | 0.04% | +235,001+15.9% | Added |
| Bank of America Corp | 1,631,189 | $113.9M | 0.01% | +37,831+2.4% | Added |
| California Public Employees Retirement System | 1,516,285 | $105.9M | 0.09% | +13,477+0.9% | Added |
| Dimensional Fund Advisors LP | 1,475,488 | $103.1M | 0.03% | +1,992+0.1% | Added |
| Liontrust Investment Partners LLP | 1,425,762 | $99.6M | 1.59% | −29,509−2.0% | Reduced |
| CIBC Private Wealth Group, LLC | 1,409,130 | $98.4M | 0.23% | −84,794−5.7% | Reduced |
| Close Asset Management Ltd | 1,328,568 | $92.8M | 4.79% | +23,450+1.8% | Added |
| Madison Asset Management, LLC | 1,327,180 | $92.7M | 1.36% | +14,082+1.1% | Added |
| Legal & General Group Plc | 1,263,394 | $88.2M | 0.03% | −86,844−6.4% | Reduced |
| Charles Schwab Investment Management Inc | 1,221,896 | $85.3M | 0.02% | +16,109+1.3% | Added |
| Millennium Management LLC | 1,151,309 | $80.4M | 0.08% | +114,181+11.0% | Added |
| Manufacturers Life Insurance Company, The | 1,135,145 | $79.3M | 0.05% | −120,594−9.6% | Reduced |
| Victory Capital Management Inc | 1,030,284 | $72.0M | 0.08% | −197,031−16.1% | Reduced |
| FMR LLC | 1,021,668 | $71.4M | 0.01% | +460,068+81.9% | Added |
| Royal London Asset Management Ltd | 1,008,750 | $70.5M | 0.23% | −163,115−13.9% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 993,662 | $69.4M | 0.20% | +78,504+8.6% | Added |
| Barclays PLC | 955,584 | $66.7M | 0.04% | +53,733+6.0% | Added |
| Capital World Investors | 939,242 | $65.6M | 0.01% | +520.0% | Added |
| UBS Asset Management Americas Inc | 923,074 | $64.5M | 0.03% | +107,711+13.2% | Added |
| Nuveen Asset Management, LLC | 915,980 | $64.0M | 0.02% | +29,918+3.4% | Added |
| Credit Suisse AG | 843,911 | $58.9M | 0.06% | −76,217−8.3% | Reduced |
| Assenagon Asset Management S.A. | 810,359 | $56.6M | 0.20% | +769,051+1,861.7% | Added |
| Swiss National Bank | 774,700 | $54.1M | 0.04% | −97,900−11.2% | Reduced |
| Wellington Management Group LLP | 773,686 | $54.0M | 0.01% | +18,253+2.4% | Added |
| Man Group plc | – | $50.8M | 0.16% | – | – |
| Tandem Investment Advisors, Inc. | 700,101 | $48.9M | 2.06% | +14,689+2.1% | Added |
| JPMorgan Chase & Co | 673,668 | $47.0M | 0.01% | −189,930−22.0% | Reduced |
| Verition Fund Management LLC | 655,673 | $45.8M | 0.61% | +142,790+27.8% | Added |
| Boston Financial Mangement LLC | 639,273 | $44.6M | 1.67% | −1560.0% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 638,727 | $44.6M | 0.04% | −1,725−0.3% | Reduced |
| Balyasny Asset Management LLC | 622,861 | $43.5M | 0.12% | +622,861 | New |
| Confluence Investment Management LLC | 602,160 | $42.1M | 0.65% | −20,479−3.3% | Reduced |
| Ameriprise Financial Inc | 595,397 | $41.6M | 0.01% | −29,869−4.8% | Reduced |
| Scout Investments, Inc. | 577,626 | $40.2M | 0.92% | +24,990+4.5% | Added |
| Raymond James & Associates | 562,914 | $39.3M | 0.03% | −30,754−5.2% | Reduced |
| TimesSquare Capital Management, LLC | 559,857 | $39.1M | 0.61% | −97,538−14.8% | Reduced |
| Caisse de Depot Et Placement du Quebec | 544,058 | $38.0M | 0.11% | +132,774+32.3% | Added |
| Rhumbline Advisers | 528,273 | $36.9M | 0.04% | +35,670+7.2% | Added |
| Schwartz Investment Counsel Inc | 519,150 | $36.3M | 1.55% | +25,000+5.1% | Added |
| Snyder Capital Management L P | 489,688 | $34.2M | 0.77% | −1,696−0.3% | Reduced |
| Deutsche Bank AG | 473,603 | $33.1M | 0.02% | −42,131−8.2% | Reduced |
| Dundas Partners LLP | 437,980 | $30.6M | 3.01% | 00.0% | Unchanged |
| Prana Capital Management, LP | 437,541 | $30.6M | 1.99% | +214,614+96.3% | Added |
| Nomura Asset Management Co Ltd | 431,041 | $30.1M | 0.14% | +35,481+9.0% | Added |
| FIL Ltd | 423,789 | $29.6M | 0.03% | −93,391−18.1% | Reduced |
| Motley Fool Wealth Management, LLC | 398,653 | $27.9M | 1.61% | −6,058−1.5% | Reduced |
| Point72 Asset Management, L.P. | 398,800 | $27.9M | 0.09% | +398,800 | New |
| Robeco Institutional Asset Management B.V. | 397,763 | $27.8M | 0.07% | +377,173+1,831.8% | Added |
| Envestnet Asset Management Inc | 396,141 | $27.7M | 0.01% | +234,853+145.6% | Added |
| Price T Rowe Associates Inc | 383,998 | $26.8M | 0.00% | +1,411+0.4% | Added |
| Osterweis Capital Management Inc | 382,111 | $26.7M | 1.96% | −12,661−3.2% | Reduced |
| UBS Group AG | 381,560 | $26.6M | 0.01% | −98,035−20.4% | Reduced |
| California State Teachers Retirement System | 373,599 | $26.1M | 0.04% | −16,979−4.3% | Reduced |
| New York State Common Retirement Fund | 370,712 | $25.9M | 0.04% | −42,080−10.2% | Reduced |
| National Pension Service | 363,507 | $25.8M | 0.04% | −20,949−5.4% | Reduced |
| Cookson Peirce & Co Inc | 364,610 | $25.5M | 1.67% | +108,800+42.5% | Added |
| Stifel Financial Corp | 352,685 | $24.6M | 0.03% | +5,936+1.7% | Added |
| Citigroup Inc | 342,394 | $23.9M | 0.03% | −10,257−2.9% | Reduced |
| Cresset Asset Management, LLC | 325,985 | $22.8M | 0.16% | +6,115+1.9% | Added |
| Philo Smith Capital Corp | 325,450 | $22.7M | 7.80% | 00.0% | Unchanged |
| HSBC Holdings PLC | 323,393 | $22.6M | 0.03% | −129,279−28.6% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 322,983 | $22.6M | 0.05% | +6,346+2.0% | Added |
| CBOE Vest Financial, LLC | 321,127 | $22.4M | 1.23% | +125,393+64.1% | Added |
| 1832 Asset Management L.P. | 320,452 | $22.4M | 0.05% | +25,000+8.5% | Added |
| Bank of Montreal | 293,526 | $21.3M | 0.01% | −43,015−12.8% | Reduced |
| Ferguson Wellman Capital Management, Inc | 302,847 | $21.2M | 0.52% | +6,515+2.2% | Added |
| LMR Partners LLP | 300,112 | $21.0M | 0.47% | −149,962−33.3% | Reduced |
| Vancity Investment Management Ltd | 299,462 | $20.9M | 2.71% | 00.0% | Unchanged |
| Candriam Luxembourg S.C.A. | 298,635 | $20.9M | 0.17% | −910.0% | Reduced |
| Prospector Partners LLC | 289,837 | $20.2M | 2.83% | +950+0.3% | Added |
| Natixis | 283,534 | $19.8M | 0.16% | +226,721+399.1% | Added |
| Alliancebernstein L.P. | 282,367 | $19.7M | 0.01% | −9,702−3.3% | Reduced |
| Toronto Dominion Bank | 277,331 | $19.4M | 0.03% | +61,800+28.7% | Added |
| State Board of Administration of Florida Retirement System | 260,529 | $18.2M | 0.04% | +360+0.1% | Added |
| Summit Wealth Partners, LLC | 256,850 | $17.9M | 4.58% | −10,000−3.7% | Reduced |
| New York State Teachers Retirement System | 249,757 | $17.4M | 0.04% | −417−0.2% | Reduced |
| Amundi | 249,903 | $17.4M | 0.01% | −26,920−9.7% | Reduced |
| CI Private Wealth, LLC | 239,677 | $16.7M | 0.04% | +13,398+5.9% | Added |
| Russell Investments Group, Ltd. | 231,026 | $16.1M | 0.03% | +124,502+116.9% | Added |
| DekaBank Deutsche Girozentrale | 224,655 | $15.9M | 0.04% | −6,810−2.9% | Reduced |