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 |
|---|---|---|---|---|---|
| Renaissance Technologies LLC | 53,600 | $3.74M | 0.01% | +53,600 | New |
| Retirement Systems of Alabama | 53,226 | $3.72M | 0.02% | −281−0.5% | Reduced |
| Independent Advisor Alliance | 51,561 | $3.60M | 0.16% | +155+0.3% | Added |
| Great Lakes Advisors, LLC | 50,066 | $3.50M | 0.03% | −603−1.2% | Reduced |
| Mariner, LLC | 49,582 | $3.46M | 0.01% | +3,585+7.8% | Added |
| Texas Permanent School Fund | 48,639 | $3.40M | 0.03% | −727−1.5% | Reduced |
| Handelsbanken Fonder AB | 47,934 | $3.35M | 0.02% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 47,800 | $3.34M | 0.14% | +47,800 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 47,331 | $3.31M | 0.03% | +6,272+15.3% | Added |
| Mutual of America Capital Management LLC | 46,564 | $3.25M | 0.04% | −921−1.9% | Reduced |
| Catalyst Capital Advisors LLC | 45,975 | $3.21M | 0.09% | +13,475+41.5% | Added |
| Forte Capital LLC | 45,973 | $3.21M | 0.49% | +45,973 | New |
| Skandinaviska Enskilda Banken AB (publ) | 45,811 | $3.20M | 0.02% | −153−0.3% | Reduced |
| KBC Group NV | 45,529 | $3.18M | 0.01% | −129,730−74.0% | Reduced |
| Mizuho Markets Americas LLC | 45,312 | $3.16M | 0.12% | +45,312 | New |
| Carmignac Gestion | 44,330 | $3.10M | 0.06% | 00.0% | Unchanged |
| Henshaw Capital LLC | 42,869 | $2.99M | 0.17% | 00.0% | Unchanged |
| Ironwood Investment Counsel, LLC | 42,403 | $2.96M | 0.70% | −93−0.2% | Reduced |
| Wall Street Access Asset Management, LLC | 42,048 | $2.94M | 1.51% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 41,959 | $2.93M | 0.01% | +507+1.2% | Added |
| Legacy Financial Strategies, LLC | 40,756 | $2.92M | 0.94% | +1,113+2.8% | Added |
| Quantinno Capital Management LP | 41,349 | $2.89M | 0.13% | +870+2.1% | Added |
| Czech National Bank | 41,142 | $2.87M | 0.05% | +13,273+47.6% | Added |
| Xponance, Inc. | 40,818 | $2.85M | 0.04% | +614+1.5% | Added |
| Utah Retirement Systems | 40,736 | $2.85M | 0.04% | +100+0.2% | Added |
| Squarepoint Ops LLC | 40,557 | $2.83M | 0.01% | +31,535+349.5% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 40,328 | $2.82M | 0.01% | 00.0% | Unchanged |
| Forsta Ap-Fonden | 39,700 | $2.77M | 0.03% | +3,200+8.8% | Added |
| Franklin Resources Inc | 39,336 | $2.75M | 0.00% | −21,907−35.8% | Reduced |
| DnB Asset Management AS | 39,291 | $2.74M | 0.02% | +2,532+6.9% | Added |
| CIBC World Markets Corp | 37,807 | $2.64M | 0.03% | −10,199−21.2% | Reduced |
| Advisory Services Network, LLC | 37,722 | $2.63M | 0.07% | −2,289−5.7% | Reduced |
| Swiss Life Asset Management Ltd | 37,617 | $2.63M | 0.04% | +27,075+256.8% | Added |
| HWG Holdings LP | 37,403 | $2.61M | 1.46% | −2,610−6.5% | Reduced |
| Eagle Asset Management Inc | 37,357 | $2.61M | 0.02% | −1,533−3.9% | Reduced |
| Raymond James Financial Services Advisors, Inc. | 37,122 | $2.59M | 0.00% | +3,360+10.0% | Added |
| Canada Pension Plan Investment Board | 37,020 | $2.59M | 0.00% | 00.0% | Unchanged |
| Integrity Financial Corp | 36,934 | $2.58M | 1.95% | 00.0% | Unchanged |
| Toroso Investments, LLC | 36,064 | $2.52M | 0.08% | −9,192−20.3% | Reduced |
| Cubist Systematic Strategies, LLC | 35,705 | $2.49M | 0.03% | +35,705 | New |
| Covey Capital Advisors, LLC | 34,873 | $2.44M | 3.45% | 00.0% | Unchanged |
| Bessemer Group Inc | 34,237 | $2.39M | 0.01% | −1,527−4.3% | Reduced |
| Centiva Capital, LP | 34,060 | $2.38M | 0.12% | +34,060 | New |
| CIBC Asset Management Inc | 33,982 | $2.37M | 0.01% | −82−0.2% | Reduced |
| New York Life Investment Management LLC | 33,777 | $2.36M | 0.03% | +242+0.7% | Added |
| Klingman & Associates, LLC | 33,535 | $2.34M | 0.19% | +80.0% | Added |
| Guggenheim Capital LLC | 33,252 | $2.32M | 0.02% | +7,469+29.0% | Added |
| Triad Investment Management | 33,178 | $2.32M | 3.38% | +405+1.2% | Added |
| Terry L. Blaker | 33,118 | $2.31M | 0.21% | −950−2.8% | Reduced |
| Kesler, Norman & Wride, LLC | 31,870 | $2.23M | 0.56% | −3,331−9.5% | Reduced |
| Coldstream Capital Management Inc | 31,714 | $2.21M | 0.07% | −88−0.3% | Reduced |
| Lido Advisors, LLC | 31,254 | $2.18M | 0.02% | +31,254 | New |
| Janus Henderson Group PLC | 31,205 | $2.18M | 0.00% | −1,579−4.8% | Reduced |
| Oak Thistle LLC | 31,097 | $2.17M | 0.64% | +21,051+209.5% | Added |
| Crawford Investment Counsel Inc | 30,798 | $2.15M | 0.05% | −1,260−3.9% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 30,667 | $2.14M | 0.01% | +126+0.4% | Added |
| TownSquare Capital, LLC | 29,696 | $2.07M | 0.04% | +2,497+9.2% | Added |
| WCG Wealth Advisors LLC | 29,641 | $2.07M | 0.15% | +29,641 | New |
| US Bancorp | 28,631 | $2.00M | 0.00% | +1,067+3.9% | Added |
| BOK Financial Private Wealth, Inc. | 28,565 | $1.99M | 0.17% | −4,765−14.3% | Reduced |
| Integrated Advisors Network LLC | 28,344 | $1.98M | 0.12% | +16,000+129.6% | Added |
| State of Alaska, Department of Revenue | 27,978 | $1.95M | 0.02% | −1,190−4.1% | Reduced |
| Public Employees Retirement Association of Colorado | 27,376 | $1.91M | 0.01% | −388−1.4% | Reduced |
| Worldquant Millennium Advisors LLC | 27,107 | $1.89M | 0.03% | −290,063−91.5% | Reduced |
| Steward Partners Investment Advisory, LLC | 26,905 | $1.88M | 0.03% | −4,983−15.6% | Reduced |
| Nissay Asset Management Corp | 25,976 | $1.81M | 0.02% | +838+3.3% | Added |
| Dark Forest Capital Management LP | 25,567 | $1.79M | 0.15% | −191−0.7% | Reduced |
| AXA S.A. | 25,545 | $1.78M | 0.01% | +25,545 | New |
| Stephens Inc | 25,469 | $1.78M | 0.03% | −514−2.0% | Reduced |
| Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group | 25,395 | $1.77M | 0.79% | +2,679+11.8% | Added |
| Northwestern Mutual Wealth Management Co | 25,372 | $1.77M | 0.00% | +7,121+39.0% | Added |
| Prudential PLC | 24,766 | $1.73M | 0.02% | −2,140−8.0% | Reduced |
| Aigen Investment Management, LP | 24,190 | $1.69M | 0.32% | +17,301+251.1% | Added |
| First National Advisers, LLC | 24,009 | $1.68M | 0.75% | +8,275+52.6% | Added |
| Harbor Advisors LLC | 24,000 | $1.68M | 0.36% | 00.0% | Unchanged |
| D.A. Davidson & Co. | 23,882 | $1.67M | 0.02% | −228−0.9% | Reduced |
| Atria Investments LLC | 23,579 | $1.65M | 0.03% | +595+2.6% | Added |
| Panagora Asset Management Inc | 23,242 | $1.62M | 0.01% | −811−3.4% | Reduced |
| Sabal Trust CO | 23,227 | $1.62M | 0.11% | 00.0% | Unchanged |
| AQR Capital Management LLC | 23,176 | $1.62M | 0.00% | −38,286−62.3% | Reduced |
| Crossmark Global Holdings, Inc. | 22,376 | $1.59M | 0.04% | +490+2.2% | Added |
| Gulf International Bank (UK) Ltd | 22,507 | $1.57M | 0.04% | −2,017−8.2% | Reduced |
| Sepio Capital, LP | 22,262 | $1.55M | 0.13% | 00.0% | Unchanged |
| Salem Investment Counselors Inc | 22,000 | $1.54M | 0.06% | 00.0% | Unchanged |
| Bank of Nova Scotia | 21,989 | $1.54M | 0.00% | +2,752+14.3% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 21,867 | $1.53M | 0.02% | +199+0.9% | Added |
| Procyon Private Wealth Partners, LLC | 21,372 | $1.49M | 0.15% | +8,045+60.4% | Added |
| FJ Capital Management LLC | 21,369 | $1.49M | 0.17% | +11,534+117.3% | Added |
| Teachers Retirement System of the State of Kentucky | 21,134 | $1.48M | 0.01% | 00.0% | Unchanged |
| Cacti Asset Management LLC | 21,000 | $1.47M | 0.14% | 00.0% | Unchanged |
| Illinois Municipal Retirement Fund | 20,702 | $1.45M | 0.03% | 00.0% | Unchanged |
| Elo Mutual Pension Insurance Co | 20,229 | $1.41M | 0.04% | +294+1.5% | Added |
| O'Shaughnessy Asset Management, LLC | 20,058 | $1.40M | 0.02% | +10,416+108.0% | Added |
| Silphium Asset Management Ltd | 20,000 | $1.40M | 0.45% | +20,000 | New |
| Daiwa Securities Group Inc. | 19,926 | $1.39M | 0.01% | +1,154+6.1% | Added |
| La Banque Postale Asset Management SA | 19,849 | $1.39M | 0.03% | +3,137+18.8% | Added |
| Ossiam | 19,589 | $1.37M | 0.02% | −1,367−6.5% | Reduced |
| Mackenzie Financial Corp | 19,540 | $1.35M | 0.00% | +508+2.7% | Added |
| GWM Advisors LLC | 19,307 | $1.35M | 0.01% | −4,387−18.5% | Reduced |
| CX Institutional | 19,237 | $1.34M | 0.07% | −11−0.1% | Reduced |