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 |
|---|---|---|---|---|---|
| Everence Capital Management Inc | 15,040 | $1.05M | 0.08% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 15,094 | $1.05M | 0.03% | +3,831+34.0% | Added |
| Atom Investors LP | 15,155 | $1.06M | 0.24% | +10,006+194.3% | Added |
| Chilton Investment Co LLC | 15,222 | $1.06M | 0.03% | −546−3.5% | Reduced |
| Hunter Associates Investment Management LLC | 15,370 | $1.07M | 0.22% | +2,170+16.4% | Added |
| Hartford Investment Management Co | 16,335 | $1.14M | 0.05% | −467−2.8% | Reduced |
| Keybank National Association | 16,357 | $1.14M | 0.01% | +1,068+7.0% | Added |
| Spouting Rock Asset Management, LLC | 16,361 | $1.14M | 0.37% | +422+2.6% | Added |
| Tributary Capital Management, LLC | 16,503 | $1.15M | 0.11% | −397−2.3% | Reduced |
| Prospera Financial Services Inc | 16,835 | $1.18M | 0.05% | −818−4.6% | Reduced |
| Securian Asset Management, Inc | 16,864 | $1.18M | 0.04% | −2,518−13.0% | Reduced |
| Penobscot Investment Management Company, Inc. | 16,928 | $1.18M | 0.16% | −150−0.9% | Reduced |
| Evermay Wealth Management LLC | 16,980 | $1.19M | 0.24% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 16,985 | $1.19M | 0.05% | 00.0% | Unchanged |
| Nomura Holdings Inc | 17,511 | $1.22M | 0.01% | −1,613−8.4% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 17,693 | $1.24M | 0.01% | +60+0.3% | Added |
| ExodusPoint Capital Management, LP | 17,785 | $1.24M | 0.02% | −40,428−69.4% | Reduced |
| Raymond James Trust N.A. | 17,863 | $1.25M | 0.04% | −199−1.1% | Reduced |
| First Republic Investment Management, Inc. | 17,939 | $1.25M | 0.00% | −766−4.1% | Reduced |
| Maryland State Retirement & Pension System | 18,099 | $1.26M | 0.03% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 18,140 | $1.27M | 0.01% | +2,767+18.0% | Added |
| Oregon Public Employees Retirement Fund | 18,239 | $1.27M | 0.02% | −100−0.5% | Reduced |
| Glenmede Trust Co NA | 18,627 | $1.30M | 0.01% | +5,219+38.9% | Added |
| First Hawaiian Bank | 18,650 | $1.30M | 0.04% | 00.0% | Unchanged |
| Mirabella Financial Services LLP | 18,701 | $1.31M | 0.19% | +18,701 | New |
| CWM Advisors, LLC | 18,721 | $1.31M | 0.17% | −1,260−6.3% | Reduced |
| Point72 Middle East FZE | 18,773 | $1.31M | 0.08% | +18,773 | New |
| Kentucky Retirement Systems | 18,891 | $1.32M | 0.05% | −38−0.2% | Reduced |
| Nordea Investment Management AB | 18,667 | $1.32M | 0.00% | −652−3.4% | Reduced |
| Dynamic Technology Lab Private Ltd | 19,075 | $1.33M | 0.13% | +19,075 | New |
| CX Institutional | 19,237 | $1.34M | 0.07% | −11−0.1% | Reduced |
| GWM Advisors LLC | 19,307 | $1.35M | 0.01% | −4,387−18.5% | Reduced |
| Mackenzie Financial Corp | 19,540 | $1.35M | 0.00% | +508+2.7% | Added |
| Ossiam | 19,589 | $1.37M | 0.02% | −1,367−6.5% | Reduced |
| La Banque Postale Asset Management SA | 19,849 | $1.39M | 0.03% | +3,137+18.8% | Added |
| Daiwa Securities Group Inc. | 19,926 | $1.39M | 0.01% | +1,154+6.1% | Added |
| Silphium Asset Management Ltd | 20,000 | $1.40M | 0.45% | +20,000 | New |
| O'Shaughnessy Asset Management, LLC | 20,058 | $1.40M | 0.02% | +10,416+108.0% | Added |
| Elo Mutual Pension Insurance Co | 20,229 | $1.41M | 0.04% | +294+1.5% | Added |
| Illinois Municipal Retirement Fund | 20,702 | $1.45M | 0.03% | 00.0% | Unchanged |
| Cacti Asset Management LLC | 21,000 | $1.47M | 0.14% | 00.0% | Unchanged |
| Teachers Retirement System of the State of Kentucky | 21,134 | $1.48M | 0.01% | 00.0% | Unchanged |
| FJ Capital Management LLC | 21,369 | $1.49M | 0.17% | +11,534+117.3% | Added |
| Procyon Private Wealth Partners, LLC | 21,372 | $1.49M | 0.15% | +8,045+60.4% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 21,867 | $1.53M | 0.02% | +199+0.9% | Added |
| Bank of Nova Scotia | 21,989 | $1.54M | 0.00% | +2,752+14.3% | Added |
| Salem Investment Counselors Inc | 22,000 | $1.54M | 0.06% | 00.0% | Unchanged |
| Sepio Capital, LP | 22,262 | $1.55M | 0.13% | 00.0% | Unchanged |
| Gulf International Bank (UK) Ltd | 22,507 | $1.57M | 0.04% | −2,017−8.2% | Reduced |
| Crossmark Global Holdings, Inc. | 22,376 | $1.59M | 0.04% | +490+2.2% | Added |
| AQR Capital Management LLC | 23,176 | $1.62M | 0.00% | −38,286−62.3% | Reduced |
| Sabal Trust CO | 23,227 | $1.62M | 0.11% | 00.0% | Unchanged |
| Panagora Asset Management Inc | 23,242 | $1.62M | 0.01% | −811−3.4% | Reduced |
| Atria Investments LLC | 23,579 | $1.65M | 0.03% | +595+2.6% | Added |
| D.A. Davidson & Co. | 23,882 | $1.67M | 0.02% | −228−0.9% | Reduced |
| Harbor Advisors LLC | 24,000 | $1.68M | 0.36% | 00.0% | Unchanged |
| First National Advisers, LLC | 24,009 | $1.68M | 0.75% | +8,275+52.6% | Added |
| Aigen Investment Management, LP | 24,190 | $1.69M | 0.32% | +17,301+251.1% | Added |
| Prudential PLC | 24,766 | $1.73M | 0.02% | −2,140−8.0% | Reduced |
| Northwestern Mutual Wealth Management Co | 25,372 | $1.77M | 0.00% | +7,121+39.0% | Added |
| Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group | 25,395 | $1.77M | 0.79% | +2,679+11.8% | Added |
| Stephens Inc | 25,469 | $1.78M | 0.03% | −514−2.0% | Reduced |
| AXA S.A. | 25,545 | $1.78M | 0.01% | +25,545 | New |
| Dark Forest Capital Management LP | 25,567 | $1.79M | 0.15% | −191−0.7% | Reduced |
| Nissay Asset Management Corp | 25,976 | $1.81M | 0.02% | +838+3.3% | Added |
| Steward Partners Investment Advisory, LLC | 26,905 | $1.88M | 0.03% | −4,983−15.6% | Reduced |
| Worldquant Millennium Advisors LLC | 27,107 | $1.89M | 0.03% | −290,063−91.5% | Reduced |
| Public Employees Retirement Association of Colorado | 27,376 | $1.91M | 0.01% | −388−1.4% | Reduced |
| State of Alaska, Department of Revenue | 27,978 | $1.95M | 0.02% | −1,190−4.1% | Reduced |
| Integrated Advisors Network LLC | 28,344 | $1.98M | 0.12% | +16,000+129.6% | Added |
| BOK Financial Private Wealth, Inc. | 28,565 | $1.99M | 0.17% | −4,765−14.3% | Reduced |
| US Bancorp | 28,631 | $2.00M | 0.00% | +1,067+3.9% | Added |
| WCG Wealth Advisors LLC | 29,641 | $2.07M | 0.15% | +29,641 | New |
| TownSquare Capital, LLC | 29,696 | $2.07M | 0.04% | +2,497+9.2% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 30,667 | $2.14M | 0.01% | +126+0.4% | Added |
| Crawford Investment Counsel Inc | 30,798 | $2.15M | 0.05% | −1,260−3.9% | Reduced |
| Oak Thistle LLC | 31,097 | $2.17M | 0.64% | +21,051+209.5% | Added |
| Janus Henderson Group PLC | 31,205 | $2.18M | 0.00% | −1,579−4.8% | Reduced |
| Lido Advisors, LLC | 31,254 | $2.18M | 0.02% | +31,254 | New |
| Coldstream Capital Management Inc | 31,714 | $2.21M | 0.07% | −88−0.3% | Reduced |
| Kesler, Norman & Wride, LLC | 31,870 | $2.23M | 0.56% | −3,331−9.5% | Reduced |
| Terry L. Blaker | 33,118 | $2.31M | 0.21% | −950−2.8% | Reduced |
| Triad Investment Management | 33,178 | $2.32M | 3.38% | +405+1.2% | Added |
| Guggenheim Capital LLC | 33,252 | $2.32M | 0.02% | +7,469+29.0% | Added |
| Klingman & Associates, LLC | 33,535 | $2.34M | 0.19% | +80.0% | Added |
| New York Life Investment Management LLC | 33,777 | $2.36M | 0.03% | +242+0.7% | Added |
| CIBC Asset Management Inc | 33,982 | $2.37M | 0.01% | −82−0.2% | Reduced |
| Centiva Capital, LP | 34,060 | $2.38M | 0.12% | +34,060 | New |
| Bessemer Group Inc | 34,237 | $2.39M | 0.01% | −1,527−4.3% | Reduced |
| Covey Capital Advisors, LLC | 34,873 | $2.44M | 3.45% | 00.0% | Unchanged |
| Cubist Systematic Strategies, LLC | 35,705 | $2.49M | 0.03% | +35,705 | New |
| Toroso Investments, LLC | 36,064 | $2.52M | 0.08% | −9,192−20.3% | Reduced |
| Integrity Financial Corp | 36,934 | $2.58M | 1.95% | 00.0% | Unchanged |
| Canada Pension Plan Investment Board | 37,020 | $2.59M | 0.00% | 00.0% | Unchanged |
| Raymond James Financial Services Advisors, Inc. | 37,122 | $2.59M | 0.00% | +3,360+10.0% | Added |
| Eagle Asset Management Inc | 37,357 | $2.61M | 0.02% | −1,533−3.9% | Reduced |
| HWG Holdings LP | 37,403 | $2.61M | 1.46% | −2,610−6.5% | Reduced |
| Swiss Life Asset Management Ltd | 37,617 | $2.63M | 0.04% | +27,075+256.8% | Added |
| Advisory Services Network, LLC | 37,722 | $2.63M | 0.07% | −2,289−5.7% | Reduced |
| CIBC World Markets Corp | 37,807 | $2.64M | 0.03% | −10,199−21.2% | Reduced |