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 |
|---|---|---|---|---|---|
| Charles Schwab Investment Management Inc | 1,221,896 | $85.3M | 0.02% | +16,109+1.3% | Added |
| Legal & General Group Plc | 1,263,394 | $88.2M | 0.03% | −86,844−6.4% | Reduced |
| Madison Asset Management, LLC | 1,327,180 | $92.7M | 1.36% | +14,082+1.1% | Added |
| Close Asset Management Ltd | 1,328,568 | $92.8M | 4.79% | +23,450+1.8% | Added |
| CIBC Private Wealth Group, LLC | 1,409,130 | $98.4M | 0.23% | −84,794−5.7% | Reduced |
| Liontrust Investment Partners LLP | 1,425,762 | $99.6M | 1.59% | −29,509−2.0% | Reduced |
| Dimensional Fund Advisors LP | 1,475,488 | $103.1M | 0.03% | +1,992+0.1% | Added |
| California Public Employees Retirement System | 1,516,285 | $105.9M | 0.09% | +13,477+0.9% | Added |
| Bank of America Corp | 1,631,189 | $113.9M | 0.01% | +37,831+2.4% | Added |
| Royal Bank of Canada | 1,715,645 | $119.8M | 0.04% | +235,001+15.9% | Added |
| Bank of New York Mellon Corp | 1,732,459 | $121.0M | 0.03% | −51,639−2.9% | Reduced |
| Invesco Ltd. | 1,937,495 | $135.3M | 0.04% | −2,670−0.1% | Reduced |
| Northern Trust Corp | 2,285,511 | $159.6M | 0.03% | +130,647+6.1% | Added |
| Fenimore Asset Management Inc | 2,430,295 | $169.7M | 4.41% | −274,601−10.2% | Reduced |
| ProShare Advisors LLC | 2,611,143 | $182.4M | 0.57% | −234,304−8.2% | Reduced |
| First Trust Advisors LP | 2,644,868 | $184.7M | 0.22% | −253,518−8.7% | Reduced |
| Norges Bank | 2,690,507 | $187.9M | 0.04% | +46,765+1.8% | Added |
| APG Asset Management N.V. | 2,799,455 | $195.5M | 0.40% | −136,845−4.7% | Reduced |
| Goldman Sachs Group Inc | 3,073,806 | $214.7M | 0.05% | −178,830−5.5% | Reduced |
| Clarkston Capital Partners, LLC | 3,254,029 | $227.3M | 4.46% | −349,583−9.7% | Reduced |
| Wells Fargo & Company | 3,442,936 | $240.5M | 0.08% | +37,001+1.1% | Added |
| First Eagle Investment Management, LLC | 4,146,218 | $289.6M | 0.76% | −44,017−1.1% | Reduced |
| Allspring Global Investments Holdings, LLC | 5,206,878 | $363.6M | 0.65% | −505,200−8.8% | Reduced |
| Geode Capital Management, LLC | 5,383,472 | $375.2M | 0.04% | +86,210+1.6% | Added |
| Morgan Stanley | 9,335,600 | $652.0M | 0.07% | −542,420−5.5% | Reduced |
| State Street Corp | 10,705,564 | $747.7M | 0.04% | −208,615−1.9% | Reduced |
| Principal Financial Group Inc | 12,031,762 | $840.3M | 0.60% | +6,737+0.1% | Added |
| Select Equity Group, L.P. | 14,753,756 | $1.03B | 4.25% | −957,888−6.1% | Reduced |
| BlackRock Inc. | 16,090,977 | $1.12B | 0.03% | −434,581−2.6% | Reduced |
| Vanguard Group Inc | 27,885,759 | $1.95B | 0.05% | +33,085+0.1% | Added |
| Quilter Plc | 442 | – | – | 00.0% | Unchanged |
| Ceredex Value Advisors LLC | 0 | $0 | 0.00% | −478,325−100.0% | Sold out |
| Brookfield Asset Management Inc. | 0 | $0 | 0.00% | −208,206−100.0% | Sold out |
| Vident Investment Advisory, LLC | 0 | $0 | 0.00% | −134,924−100.0% | Sold out |
| Hudson Bay Capital Management LP | 0 | $0 | 0.00% | −100,000−100.0% | Sold out |
| Adage Capital Partners GP, L.L.C. | 0 | $0 | 0.00% | −84,600−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −70,257−100.0% | Sold out |
| Holocene Advisors, LP | 0 | $0 | 0.00% | −64,405−100.0% | Sold out |
| Andra AP-fonden | 0 | $0 | 0.00% | −56,900−100.0% | Sold out |
| DuPont Capital Management Corp | 0 | $0 | 0.00% | −39,064−100.0% | Sold out |
| TAP Consulting, LLC | 0 | $0 | 0.00% | −37,033−100.0% | Sold out |
| Jefferies Financial Group Inc. | 0 | $0 | 0.00% | −36,008−100.0% | Sold out |
| ING Groep NV | 0 | $0 | 0.00% | −33,630−100.0% | Sold out |
| V Wealth Advisors LLC | 0 | $0 | 0.00% | −30,457−100.0% | Sold out |
| Vestmark Advisory Solutions, Inc. | 0 | $0 | 0.00% | −22,976−100.0% | Sold out |
| Edgestream Partners, L.P. | 0 | $0 | 0.00% | −11,425−100.0% | Sold out |
| Veritable, L.P. | 0 | $0 | 0.00% | −10,213−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −9,343−100.0% | Sold out |
| Qsemble Capital Management, LP | 0 | $0 | 0.00% | −7,300−100.0% | Sold out |
| Inceptionr LLC | 0 | $0 | 0.00% | −6,082−100.0% | Sold out |
| Rockefeller Capital Management L.P. | 0 | $0 | 0.00% | −5,209−100.0% | Sold out |
| Pinnacle Associates Ltd | 0 | $0 | 0.00% | −4,060−100.0% | Sold out |
| Truadvice, LLC | 0 | $0 | 0.00% | −3,576−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −3,600−100.0% | Sold out |
| Johnson Financial Group, Inc. | 0 | $0 | 0.00% | −3,231−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −3,029−100.0% | Sold out |
| CoreCap Advisors, LLC | 0 | $0 | 0.00% | −2,940−100.0% | Sold out |
| Miracle Mile Advisors, LLC | 0 | $0 | 0.00% | −2,935−100.0% | Sold out |
| Waterloo Capital, L.P. | 0 | $0 | 0.00% | −2,915−100.0% | Sold out |
| Counterpoint Mutual Funds LLC | 0 | $0 | 0.00% | −1,864−100.0% | Sold out |
| Arlington Partners LLC | 0 | $0 | 0.00% | −1,044−100.0% | Sold out |
| Tilia Fiduciary Partners, Inc. | 0 | $0 | 0.00% | −796−100.0% | Sold out |
| Exchange Traded Concepts, LLC | 0 | $0 | 0.00% | −790−100.0% | Sold out |
| Achmea Investment Management B.V. | 0 | $0 | 0.00% | −758−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −380−100.0% | Sold out |
| Clear Street Markets LLC | 0 | $0 | 0.00% | −308−100.0% | Sold out |
| South State Corp. | 0 | $0 | 0.00% | −125−100.0% | Sold out |
| Carolinas Wealth Consulting LLC | 0 | $0 | 0.00% | −66−100.0% | Sold out |
| AdvisorNet Financial, Inc | 0 | $0 | 0.00% | −50−100.0% | Sold out |
| Disciplined Investments, LLC | 0 | $0 | 0.00% | −34−100.0% | Sold out |
| Pictet Asset Management SA | – | – | – | – | Not filed |
| BDO Wealth Advisors, LLC | – | – | – | – | Not filed |
| Lumature Wealth Partners, LLC | – | – | – | – | Not filed |
| First Capital Advisors Group, LLC. | – | – | – | – | Not filed |
| BerganKDV Wealth Management, LLC | – | – | – | – | Not filed |