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 |
|---|---|---|---|---|---|
| DnB Asset Management AS | 39,291 | $2.74M | 0.02% | +2,532+6.9% | Added |
| Franklin Resources Inc | 39,336 | $2.75M | 0.00% | −21,907−35.8% | Reduced |
| Forsta Ap-Fonden | 39,700 | $2.77M | 0.03% | +3,200+8.8% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 40,328 | $2.82M | 0.01% | 00.0% | Unchanged |
| Squarepoint Ops LLC | 40,557 | $2.83M | 0.01% | +31,535+349.5% | Added |
| Utah Retirement Systems | 40,736 | $2.85M | 0.04% | +100+0.2% | Added |
| Xponance, Inc. | 40,818 | $2.85M | 0.04% | +614+1.5% | Added |
| Czech National Bank | 41,142 | $2.87M | 0.05% | +13,273+47.6% | Added |
| Quantinno Capital Management LP | 41,349 | $2.89M | 0.13% | +870+2.1% | Added |
| Legacy Financial Strategies, LLC | 40,756 | $2.92M | 0.94% | +1,113+2.8% | Added |
| HighTower Advisors, LLC | 41,959 | $2.93M | 0.01% | +507+1.2% | Added |
| Wall Street Access Asset Management, LLC | 42,048 | $2.94M | 1.51% | 00.0% | Unchanged |
| Ironwood Investment Counsel, LLC | 42,403 | $2.96M | 0.70% | −93−0.2% | Reduced |
| Henshaw Capital LLC | 42,869 | $2.99M | 0.17% | 00.0% | Unchanged |
| Carmignac Gestion | 44,330 | $3.10M | 0.06% | 00.0% | Unchanged |
| Mizuho Markets Americas LLC | 45,312 | $3.16M | 0.12% | +45,312 | New |
| KBC Group NV | 45,529 | $3.18M | 0.01% | −129,730−74.0% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 45,811 | $3.20M | 0.02% | −153−0.3% | Reduced |
| Forte Capital LLC | 45,973 | $3.21M | 0.49% | +45,973 | New |
| Catalyst Capital Advisors LLC | 45,975 | $3.21M | 0.09% | +13,475+41.5% | Added |
| Mutual of America Capital Management LLC | 46,564 | $3.25M | 0.04% | −921−1.9% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 47,331 | $3.31M | 0.03% | +6,272+15.3% | Added |
| Aquatic Capital Management LLC | 47,800 | $3.34M | 0.14% | +47,800 | New |
| Handelsbanken Fonder AB | 47,934 | $3.35M | 0.02% | 00.0% | Unchanged |
| Texas Permanent School Fund | 48,639 | $3.40M | 0.03% | −727−1.5% | Reduced |
| Mariner, LLC | 49,582 | $3.46M | 0.01% | +3,585+7.8% | Added |
| Great Lakes Advisors, LLC | 50,066 | $3.50M | 0.03% | −603−1.2% | Reduced |
| Independent Advisor Alliance | 51,561 | $3.60M | 0.16% | +155+0.3% | Added |
| Retirement Systems of Alabama | 53,226 | $3.72M | 0.02% | −281−0.5% | Reduced |
| Renaissance Technologies LLC | 53,600 | $3.74M | 0.01% | +53,600 | New |
| Investment Management Corp of Ontario | 53,686 | $3.75M | 0.15% | +53,686 | New |
| Mirae Asset Global Investments Co., Ltd. | 53,918 | $3.77M | 0.01% | +14,555+37.0% | Added |
| IFM Investors Pty Ltd | 54,226 | $3.79M | 0.05% | −291−0.5% | Reduced |
| Public Sector Pension Investment Board | 55,095 | $3.85M | 0.03% | +2,748+5.2% | Added |
| Tredje AP-fonden | 55,989 | $3.91M | 0.06% | −7,358−11.6% | Reduced |
| Schroder Investment Management Group | 56,787 | $3.97M | 0.01% | −23,595−29.4% | Reduced |
| Whittier Trust Co of Nevada Inc | 56,968 | $3.98M | 0.14% | +1,085+1.9% | Added |
| Leavell Investment Management, Inc. | 57,200 | $4.00M | 0.28% | 00.0% | Unchanged |
| Vaughan Nelson Investment Management, L.P. | 58,865 | $4.11M | 0.05% | −3,525−5.6% | Reduced |
| Weiss Multi-Strategy Advisers LLC | 60,788 | $4.25M | 0.10% | +8,453+16.2% | Added |
| MetLife Investment Management | 62,104 | $4.34M | 0.03% | −1,529−2.4% | Reduced |
| Standard Life Aberdeen plc | 62,755 | $4.38M | 0.01% | +1,380+2.2% | Added |
| American International Group, Inc. | 64,128 | $4.48M | 0.03% | −1,348−2.1% | Reduced |
| Capital Fund Management S.A. | 64,207 | $4.48M | 0.06% | +8,470+15.2% | Added |
| Park National Corp | 64,400 | $4.50M | 0.20% | −600−0.9% | Reduced |
| State of Michigan Retirement System | 64,551 | $4.51M | 0.03% | −200−0.3% | Reduced |
| Arizona State Retirement System | 65,777 | $4.59M | 0.04% | −171−0.3% | Reduced |
| AE Wealth Management LLC | 67,239 | $4.70M | 0.03% | −240.0% | Reduced |
| Amalgamated Bank | 68,328 | $4.77M | 0.04% | +3,576+5.5% | Added |
| Wedge Capital Management L L P | 70,971 | $4.96M | 0.10% | −12,139−14.6% | Reduced |
| HRT Financial LP | 71,504 | $4.99M | 0.05% | +48,485+210.6% | Added |
| Korea Investment CORP | 72,320 | $5.05M | 0.01% | −9,083−11.2% | Reduced |
| Nisa Investment Advisors, LLC | 73,855 | $5.16M | 0.04% | +3,423+4.9% | Added |
| The PNC Financial Services Group, Inc. | 76,377 | $5.33M | 0.00% | −1,419−1.8% | Reduced |
| Captrust Financial Advisors | 78,199 | $5.46M | 0.02% | +13,223+20.4% | Added |
| Rafferty Asset Management, LLC | 78,989 | $5.52M | 0.03% | +3,463+4.6% | Added |
| Citadel Advisors LLC | 82,239 | $5.74M | 0.01% | −20,053−19.6% | Reduced |
| Southeast Asset Advisors Inc. | 82,610 | $5.77M | 0.81% | −608−0.7% | Reduced |
| Lazard Asset Management LLC | 83,752 | $5.85M | 0.01% | −65,819−44.0% | Reduced |
| Quantbot Technologies LP | 87,688 | $6.12M | 0.41% | +50,388+135.1% | Added |
| Jane Street Group, LLC | 88,519 | $6.18M | 0.01% | +37,688+74.1% | Added |
| Qube Research & Technologies Ltd | 91,682 | $6.40M | 0.02% | +91,682 | New |
| Healthcare of Ontario Pension Plan Trust Fund | 94,000 | $6.56M | 0.03% | +94,000 | New |
| Susquehanna International Group, LLP | 94,168 | $6.58M | 0.01% | +23,343+33.0% | Added |
| WCM Investment Management, LLC | 95,231 | $6.65M | 0.02% | +310.0% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 95,643 | $6.68M | 0.09% | −7,000−6.8% | Reduced |
| Truist Financial Corp | 95,981 | $6.70M | 0.01% | +3,993+4.3% | Added |
| Asset Management One Co.,Ltd. | 97,918 | $6.84M | 0.03% | +3,184+3.4% | Added |
| Spring Capital Management, LLC | 99,080 | $6.92M | 5.82% | −932−0.9% | Reduced |
| First National Bank of Omaha | 99,509 | $6.95M | 0.45% | −33,411−25.1% | Reduced |
| Vaughan David Investments LLC | 100,000 | $6.98M | 0.21% | 00.0% | Unchanged |
| ArrowMark Colorado Holdings LLC | 103,275 | $7.21M | 0.09% | −16,933−14.1% | Reduced |
| Commonwealth Equity Services, LLC | 105,268 | $7.35M | 0.02% | +3,649+3.6% | Added |
| Treasurer of the State of North Carolina | 107,114 | $7.48M | 0.04% | +400+0.4% | Added |
| Neuberger Berman Group LLC | 107,177 | $7.49M | 0.01% | +1,172+1.1% | Added |
| D. E. Shaw & Co., Inc. | 107,533 | $7.51M | 0.01% | −38,599−26.4% | Reduced |
| Ensign Peak Advisors, Inc | 109,854 | $7.67M | 0.02% | −60,336−35.5% | Reduced |
| Heron Bay Capital Management | 110,385 | $7.71M | 2.08% | +14,768+15.4% | Added |
| Marks Group Wealth Management, Inc | 111,315 | $7.77M | 0.96% | −1,408−1.2% | Reduced |
| Running Oak Capital LLC | 111,582 | $7.79M | 2.00% | −1,728−1.5% | Reduced |
| Comerica Bank | 112,530 | $7.86M | 0.04% | −363,971−76.4% | Reduced |
| Mn Services Vermogensbeheer B.V. | 115,100 | $8.04M | 0.08% | 00.0% | Unchanged |
| Natixis Advisors, L.P. | 117,719 | $8.22M | 0.03% | −4,079−3.3% | Reduced |
| Advisor Group Holdings, Inc. | 117,835 | $8.23M | 0.01% | +2,939+2.6% | Added |
| Pictet Asset Management Holding SA | 119,597 | $8.35M | 0.01% | +119,597 | New |
| BCM Advisors, LLC | 118,045 | $8.45M | 2.51% | −855−0.7% | Reduced |
| Umb Bank N A | 123,337 | $8.61M | 0.14% | −450.0% | Reduced |
| British Columbia Investment Management Corp | 123,782 | $8.64M | 0.08% | 00.0% | Unchanged |
| Intech Investment Management LLC | 124,038 | $8.66M | 0.13% | −17,659−12.5% | Reduced |
| Gotham Asset Management, LLC | 126,706 | $8.85M | 0.18% | +871+0.7% | Added |
| Shell Asset Management Co | 127,547 | $8.91M | 0.37% | +125,663+6,670.0% | Added |
| Mattern Capital Management, LLC | 129,820 | $9.07M | 1.47% | +5,564+4.5% | Added |
| Lountzis Asset Management, LLC | 130,277 | $9.10M | 5.08% | 00.0% | Unchanged |
| Boston Trust Walden Corp | 130,793 | $9.13M | 0.08% | −340−0.3% | Reduced |
| Great West Life Assurance Co | 131,828 | $9.21M | 0.02% | −4,900−3.6% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 132,318 | $9.24M | 0.04% | −3,117−2.3% | Reduced |
| State of New Jersey Common Pension Fund D | 133,635 | $9.33M | 0.03% | 00.0% | Unchanged |
| Jump Financial, LLC | 134,675 | $9.41M | 0.35% | +29,475+28.0% | Added |
| Speece Thorson Capital Group Inc | 138,141 | $9.65M | 2.13% | −54,749−28.4% | Reduced |
| State of Tennessee, Treasury Department | 138,282 | $9.66M | 0.04% | −609−0.4% | Reduced |