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, Q4 2023
Institutional positions in Brown & Brown, Inc. as of Dec 31, 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
- 686
- +62 vs. Q3 2023
- Shares held
- 206.1M
- +4.87M (+2.4%) vs. Q3 2023
- Total value
- $14.6B
- +$532.0M (+3.8%) vs. Q3 2023
- New holders
- 108
- 240 more added
- Sold out
- 46
- 229 more reduced
7 institutions that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2023
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| FMFE Wealth Management, LLC | 10,528 | $748.7K | 0.74% | +10,528 | New |
| Graham Capital Management, L.P. | 10,556 | $750.6K | 0.02% | +10,556 | New |
| Resources Investment Advisors, LLC. | 10,809 | $768.6K | 0.01% | +449+4.3% | Added |
| Proficio Capital Partners LLC | 10,819 | $769.4K | 0.10% | 00.0% | Unchanged |
| Chaney Capital Management, Inc. | 10,864 | $772.5K | 0.69% | +10,864 | New |
| Gilbert & Cook, Inc. | 10,889 | $774.3K | 0.11% | +646+6.3% | Added |
| SRN Advisors, LLC | 11,160 | $793.6K | 0.71% | +11,160 | New |
| JustInvest LLC | 11,278 | $802.0K | 0.02% | −2,212−16.4% | Reduced |
| Equitable Trust Co | 11,338 | $806.2K | 0.06% | −133−1.2% | Reduced |
| Greenfield Seitz Capital Management, LLC | 11,400 | $810.7K | 0.32% | +11,400 | New |
| Unigestion Holding SA | 11,615 | $825.9K | 0.05% | +11,615 | New |
| Cyndeo Wealth Partners, LLC | 11,820 | $840.5K | 0.08% | +13+0.1% | Added |
| Ameritas Investment Partners, Inc. | 11,825 | $840.9K | 0.03% | −5,160−30.4% | Reduced |
| Beacon Pointe Advisors, LLC | 11,980 | $851.9K | 0.01% | +534+4.7% | Added |
| Cross Staff Investments Inc | 12,000 | $853.3K | 0.76% | 00.0% | Unchanged |
| Cetera Advisor Networks LLC | 12,014 | $854.3K | 0.00% | +2,524+26.6% | Added |
| HRT Financial LP | 12,171 | $865.0K | 0.01% | −59,333−83.0% | Reduced |
| Ostrum Asset Management | 12,202 | $867.7K | 0.08% | +51+0.4% | Added |
| New Mexico Educational Retirement Board | 12,200 | $868.0K | 0.03% | 00.0% | Unchanged |
| Wedbush Securities Inc | 12,365 | $879.0K | 0.04% | +39+0.3% | Added |
| AQR Capital Management LLC | 12,634 | $896.1K | 0.00% | −10,542−45.5% | Reduced |
| Mercer Global Advisors Inc | 13,039 | $927.0K | 0.00% | +2,926+28.9% | Added |
| Strategic Wealth Partners, Ltd. | 13,207 | $939.1K | 0.12% | −1,165−8.1% | Reduced |
| Balyasny Asset Management LLC | 13,296 | $945.5K | 0.00% | −609,565−97.9% | Reduced |
| Summit Global Investments | 13,495 | $960.0K | 0.06% | +13,495 | New |
| Metis Global Partners, LLC | 13,519 | $961.3K | 0.04% | −252−1.8% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 13,951 | $992.0K | 0.00% | −16,716−54.5% | Reduced |
| Roundview Capital LLC | 13,978 | $994.0K | 0.09% | 00.0% | Unchanged |
| Creative Planning | 14,034 | $998.0K | 0.00% | +5,253+59.8% | Added |
| Cubist Systematic Strategies, LLC | 14,143 | $1.01M | 0.01% | −21,562−60.4% | Reduced |
| Louisiana State Employees Retirement System | 14,300 | $1.02M | 0.02% | −300−2.1% | Reduced |
| Harmony Asset Management LLC | 14,409 | $1.02M | 0.43% | +14,409 | New |
| QRG Capital Management, Inc. | 14,413 | $1.02M | 0.02% | +1,869+14.9% | Added |
| Ethic Inc. | 14,831 | $1.05M | 0.03% | +5,175+53.6% | Added |
| Securian Asset Management, Inc | 14,919 | $1.06M | 0.03% | −1,945−11.5% | Reduced |
| Everence Capital Management Inc | 15,040 | $1.07M | 0.08% | 00.0% | Unchanged |
| Hunter Associates Investment Management LLC | 15,055 | $1.07M | 0.20% | −315−2.0% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 15,302 | $1.09M | 0.00% | +10,301+206.0% | Added |
| Atom Investors LP | 15,457 | $1.10M | 0.19% | +302+2.0% | Added |
| FJ Capital Management LLC | 15,546 | $1.11M | 0.11% | −5,823−27.2% | Reduced |
| Glenmede Trust Co NA | 15,557 | $1.11M | 0.01% | −3,070−16.5% | Reduced |
| Savant Capital, LLC | 15,687 | $1.12M | 0.01% | +727+4.9% | Added |
| Pacer Advisors, Inc. | 15,761 | $1.12M | 0.00% | +968+6.5% | Added |
| USA Financial Portformulas Corp | 16,000 | $1.14M | 0.20% | +15,988+133,233.3% | Added |
| Hartford Investment Management Co | 16,007 | $1.14M | 0.04% | −328−2.0% | Reduced |
| Raymond James Trust N.A. | 16,071 | $1.14M | 0.03% | −1,792−10.0% | Reduced |
| O'Shaughnessy Asset Management, LLC | 16,336 | $1.16M | 0.02% | −3,722−18.6% | Reduced |
| Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group | 16,589 | $1.18M | 0.54% | −8,806−34.7% | Reduced |
| Tributary Capital Management, LLC | 16,677 | $1.19M | 0.10% | +174+1.1% | Added |
| Evermay Wealth Management LLC | 16,985 | $1.21M | 0.22% | +50.0% | Added |
| Prospera Financial Services Inc | 17,016 | $1.21M | 0.04% | +181+1.1% | Added |
| Cim, LLC | 14,835 | $1.25M | 0.19% | −128−0.9% | Reduced |
| Nomura Holdings Inc | 17,793 | $1.27M | 0.01% | +282+1.6% | Added |
| MML Investors Services, LLC | 17,963 | $1.28M | 0.01% | +6,616+58.3% | Added |
| Chilton Investment Co LLC | 18,022 | $1.28M | 0.04% | +2,800+18.4% | Added |
| Maryland State Retirement & Pension System | 18,099 | $1.29M | 0.03% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 18,172 | $1.29M | 0.01% | +32+0.2% | Added |
| Trueblood Wealth Management, LLC | 18,261 | $1.30M | 0.81% | +18,261 | New |
| Oregon Public Employees Retirement Fund | 18,439 | $1.31M | 0.02% | +200+1.1% | Added |
| Penobscot Investment Management Company, Inc. | 18,453 | $1.31M | 0.15% | +1,525+9.0% | Added |
| Ossiam | 18,829 | $1.34M | 0.02% | −760−3.9% | Reduced |
| Kentucky Retirement Systems | 18,900 | $1.34M | 0.04% | +90.0% | Added |
| CX Institutional | 19,171 | $1.36M | 0.07% | −66−0.3% | Reduced |
| Nordea Investment Management AB | 19,332 | $1.37M | 0.00% | +665+3.6% | Added |
| Northwestern Mutual Wealth Management Co | 19,334 | $1.37M | 0.00% | −6,038−23.8% | Reduced |
| Natixis | 19,355 | $1.38M | 0.01% | −264,179−93.2% | Reduced |
| Toroso Investments, LLC | 19,431 | $1.38M | 0.03% | −16,633−46.1% | Reduced |
| CWM Advisors, LLC | 19,673 | $1.40M | 0.15% | +952+5.1% | Added |
| Oak Thistle LLC | 19,691 | $1.40M | 0.40% | −11,406−36.7% | Reduced |
| Keybank National Association | 19,881 | $1.41M | 0.01% | +3,524+21.5% | Added |
| Atria Investments LLC | 19,921 | $1.42M | 0.02% | −3,658−15.5% | Reduced |
| Gulf International Bank (UK) Ltd | 19,941 | $1.42M | 0.04% | −2,566−11.4% | Reduced |
| GWM Advisors LLC | 19,003 | $1.43M | 0.01% | −304−1.6% | Reduced |
| Teachers Retirement System of the State of Kentucky | 20,201 | $1.44M | 0.01% | −933−4.4% | Reduced |
| PGGM Investments | 20,594 | $1.46M | 0.02% | +13,616+195.1% | Added |
| Illinois Municipal Retirement Fund | 20,702 | $1.47M | 0.02% | 00.0% | Unchanged |
| Cacti Asset Management LLC | 21,000 | $1.48M | 0.13% | 00.0% | Unchanged |
| Sabal Trust CO | 20,882 | $1.48M | 0.09% | −2,345−10.1% | Reduced |
| Elo Mutual Pension Insurance Co | 21,047 | $1.50M | 0.04% | +818+4.0% | Added |
| Fuller & Thaler Asset Management, Inc. | 21,124 | $1.50M | 0.01% | +3,431+19.4% | Added |
| Panagora Asset Management Inc | 21,790 | $1.55M | 0.01% | −1,452−6.2% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 21,867 | $1.55M | 0.02% | 00.0% | Unchanged |
| Crossmark Global Holdings, Inc. | 21,987 | $1.56M | 0.03% | −389−1.7% | Reduced |
| Salem Investment Counselors Inc | 22,000 | $1.56M | 0.05% | 00.0% | Unchanged |
| Procyon Private Wealth Partners, LLC | 22,002 | $1.56M | 0.13% | +630+2.9% | Added |
| Sepio Capital, LP | 22,364 | $1.59M | 0.13% | +102+0.5% | Added |
| Daiwa Securities Group Inc. | 22,503 | $1.60M | 0.01% | +2,577+12.9% | Added |
| Pathstone Holdings, LLC | 23,201 | $1.65M | 0.01% | +23,201 | New |
| Aquatic Capital Management LLC | 23,200 | $1.65M | 0.04% | −24,600−51.5% | Reduced |
| Grantham, Mayo, Van Otterloo & Co. LLC | 23,219 | $1.65M | 0.01% | +23,219 | New |
| Achmea Investment Management B.V. | 23,270 | $1.66M | 0.03% | +23,270 | New |
| Cerity Partners LLC | 23,328 | $1.66M | 0.01% | +14,210+155.8% | Added |
| Franklin Resources Inc | 23,624 | $1.68M | 0.00% | −15,712−39.9% | Reduced |
| Harbor Advisors LLC | 24,000 | $1.71M | 0.33% | 00.0% | Unchanged |
| D.A. Davidson & Co. | 24,250 | $1.72M | 0.02% | +368+1.5% | Added |
| Lazard Asset Management LLC | 24,531 | $1.74M | 0.00% | −59,221−70.7% | Reduced |
| Prudential PLC | 24,751 | $1.76M | 0.02% | −15−0.1% | Reduced |
| SG Americas Securities, LLC | 24,866 | $1.77M | 0.02% | +11,559+86.9% | Added |
| Mackenzie Financial Corp | 25,406 | $1.81M | 0.00% | +5,866+30.0% | Added |
| State of Alaska, Department of Revenue | 25,508 | $1.81M | 0.02% | −2,470−8.8% | Reduced |