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 |
|---|---|---|---|---|---|
| RSM US Wealth Management LLC | 25,877 | $1.84M | 0.05% | +25,877 | New |
| BOK Financial Private Wealth, Inc. | 26,217 | $1.86M | 0.15% | −2,348−8.2% | Reduced |
| Stephens Inc | 26,351 | $1.87M | 0.03% | +882+3.5% | Added |
| Oppenheimer Asset Management Inc. | 26,474 | $1.88M | 0.03% | +14,363+118.6% | Added |
| Public Employees Retirement Association of Colorado | 26,916 | $1.91M | 0.01% | −460−1.7% | Reduced |
| Nissay Asset Management Corp | 27,173 | $1.93M | 0.02% | +1,197+4.6% | Added |
| STRS Ohio | 27,222 | $1.94M | 0.01% | +27,222 | New |
| Insight Wealth Strategies, LLC | 27,474 | $1.95M | 0.32% | +27,474 | New |
| Integrated Advisors Network LLC | 28,979 | $2.06M | 0.12% | +635+2.2% | Added |
| WCG Wealth Advisors LLC | 29,181 | $2.08M | 0.15% | −460−1.6% | Reduced |
| Steward Partners Investment Advisory, LLC | 29,311 | $2.08M | 0.03% | +2,406+8.9% | Added |
| Teza Capital Management LLC | 29,504 | $2.10M | 0.35% | +29,504 | New |
| Quantbot Technologies LP | 29,623 | $2.11M | 0.12% | −58,065−66.2% | Reduced |
| Crawford Investment Counsel Inc | 30,585 | $2.17M | 0.04% | −213−0.7% | Reduced |
| Janus Henderson Group PLC | 31,022 | $2.21M | 0.00% | −183−0.6% | Reduced |
| Kesler, Norman & Wride, LLC | 31,296 | $2.23M | 0.51% | −574−1.8% | Reduced |
| Centiva Capital, LP | 31,433 | $2.24M | 0.14% | −2,627−7.7% | Reduced |
| Coldstream Capital Management Inc | 31,464 | $2.24M | 0.06% | −250−0.8% | Reduced |
| Versor Investments LP | 31,834 | $2.26M | 0.46% | +28,334+809.5% | Added |
| First National Advisers, LLC | 31,843 | $2.26M | 0.65% | +7,834+32.6% | Added |
| First Hawaiian Bank | 32,002 | $2.28M | 0.07% | +13,352+71.6% | Added |
| Bessemer Group Inc | 32,508 | $2.31M | 0.00% | −1,729−5.1% | Reduced |
| CIBC Asset Management Inc | 32,678 | $2.32M | 0.01% | −1,304−3.8% | Reduced |
| Terry L. Blaker | 32,738 | $2.33M | 0.19% | −380−1.1% | Reduced |
| Klingman & Associates, LLC | 33,535 | $2.38M | 0.18% | 00.0% | Unchanged |
| New York Life Investment Management LLC | 33,637 | $2.39M | 0.02% | −140−0.4% | Reduced |
| Covey Capital Advisors, LLC | 34,873 | $2.48M | 3.15% | 00.0% | Unchanged |
| Integrity Financial Corp | 35,772 | $2.54M | 1.84% | −1,162−3.1% | Reduced |
| Silphium Asset Management Ltd | 35,800 | $2.55M | 1.36% | +15,800+79.0% | Added |
| Access Investment Management LLC | 36,103 | $2.57M | 0.96% | +36,103 | New |
| Raymond James Financial Services Advisors, Inc. | 36,208 | $2.57M | 0.00% | −914−2.5% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 36,778 | $2.62M | 0.01% | −17,140−31.8% | Reduced |
| Public Sector Pension Investment Board | 36,781 | $2.62M | 0.02% | −18,314−33.2% | Reduced |
| Canada Pension Plan Investment Board | 37,020 | $2.63M | 0.00% | 00.0% | Unchanged |
| Vaughan Nelson Investment Management, L.P. | 37,280 | $2.65M | 0.03% | −21,585−36.7% | Reduced |
| Advisory Services Network, LLC | 37,399 | $2.66M | 0.06% | −323−0.9% | Reduced |
| Tredje AP-fonden | 38,168 | $2.71M | 0.03% | −17,821−31.8% | Reduced |
| Triad Investment Management | 38,312 | $2.72M | 3.58% | +5,134+15.5% | Added |
| HWG Holdings LP | 38,377 | $2.73M | 1.26% | +974+2.6% | Added |
| DnB Asset Management AS | 38,440 | $2.73M | 0.01% | −851−2.2% | Reduced |
| Bridgewater Associates, LP | 38,500 | $2.74M | 0.02% | +38,500 | New |
| Xponance, Inc. | 38,644 | $2.75M | 0.03% | −2,174−5.3% | Reduced |
| Forsta Ap-Fonden | 39,500 | $2.81M | 0.03% | −200−0.5% | Reduced |
| Jump Financial, LLC | 40,317 | $2.87M | 0.09% | −94,358−70.1% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 40,328 | $2.87M | 0.01% | 00.0% | Unchanged |
| US Bancorp | 40,441 | $2.88M | 0.00% | +11,810+41.2% | Added |
| Legacy Financial Strategies, LLC | 40,668 | $2.89M | 0.82% | −88−0.2% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 40,905 | $2.91M | 0.03% | +34,173+507.6% | Added |
| Utah Retirement Systems | 40,936 | $2.91M | 0.04% | +200+0.5% | Added |
| Ironwood Investment Counsel, LLC | 41,043 | $2.92M | 0.55% | −1,360−3.2% | Reduced |
| Czech National Bank | 41,371 | $2.94M | 0.04% | +229+0.6% | Added |
| Wall Street Access Asset Management, LLC | 42,048 | $2.99M | 1.40% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 42,252 | $3.00M | 0.11% | +903+2.2% | Added |
| Catalyst Capital Advisors LLC | 42,500 | $3.02M | 0.08% | −3,475−7.6% | Reduced |
| KBC Group NV | 42,720 | $3.04M | 0.01% | −2,809−6.2% | Reduced |
| Henshaw Capital LLC | 42,869 | $3.05M | 0.16% | 00.0% | Unchanged |
| Mutual of America Capital Management LLC | 43,869 | $3.12M | 0.04% | −2,695−5.8% | Reduced |
| HighTower Advisors, LLC | 44,222 | $3.13M | 0.01% | +2,263+5.4% | Added |
| Coronation Fund Managers Ltd. | 44,528 | $3.17M | 0.09% | +30,994+229.0% | Added |
| Agf Management Ltd | 44,943 | $3.20M | 0.02% | +37,426+497.9% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 45,311 | $3.22M | 0.02% | −500−1.1% | Reduced |
| Tower Research Capital LLC (TRC) | 45,858 | $3.26M | 0.04% | +30,764+203.8% | Added |
| Independent Advisor Alliance | 46,496 | $3.31M | 0.12% | −5,065−9.8% | Reduced |
| Brendel Financial Advisors LLC | 46,557 | $3.31M | 2.17% | +46,557 | New |
| Carmignac Gestion | 47,011 | $3.34M | 0.06% | +2,681+6.0% | Added |
| Handelsbanken Fonder AB | 47,634 | $3.39M | 0.02% | −300−0.6% | Reduced |
| Engineers Gate Manager LP | 48,531 | $3.45M | 0.10% | +48,531 | New |
| Texas Permanent School Fund | 48,771 | $3.47M | 0.03% | +132+0.3% | Added |
| TownSquare Capital, LLC | 49,246 | $3.50M | 0.06% | +19,550+65.8% | Added |
| Great Lakes Advisors, LLC | 50,015 | $3.56M | 0.03% | −51−0.1% | Reduced |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 51,728 | $3.68M | 0.03% | +4,397+9.3% | Added |
| Retirement Systems of Alabama | 52,059 | $3.70M | 0.02% | −1,167−2.2% | Reduced |
| IFM Investors Pty Ltd | 54,226 | $3.86M | 0.05% | 00.0% | Unchanged |
| Adage Capital Partners GP, L.L.C. | 54,500 | $3.88M | 0.01% | +54,500 | New |
| CIBC World Markets Corp | 54,917 | $3.91M | 0.02% | +17,110+45.3% | Added |
| Mariner, LLC | 55,523 | $3.95M | 0.01% | +5,941+12.0% | Added |
| Guggenheim Capital LLC | 56,444 | $4.01M | 0.03% | +23,192+69.7% | Added |
| Leavell Investment Management, Inc. | 57,200 | $4.07M | 0.26% | 00.0% | Unchanged |
| Magnetar Financial LLC | 58,170 | $4.14M | 0.11% | +58,170 | New |
| Park National Corp | 59,200 | $4.21M | 0.17% | −5,200−8.1% | Reduced |
| Investment Management Corp of Ontario | 59,266 | $4.21M | 0.10% | +5,580+10.4% | Added |
| MetLife Investment Management | 61,162 | $4.35M | 0.03% | −942−1.5% | Reduced |
| National Bank of Canada | 64,956 | $4.60M | 0.01% | −142,750−68.7% | Reduced |
| State of Michigan Retirement System | 64,651 | $4.60M | 0.03% | +100+0.2% | Added |
| Mizuho Markets Americas LLC | 64,893 | $4.61M | 0.14% | +19,581+43.2% | Added |
| American International Group, Inc. | 64,959 | $4.62M | 0.02% | +831+1.3% | Added |
| Susquehanna International Group, LLP | 64,983 | $4.62M | 0.01% | −29,185−31.0% | Reduced |
| Amalgamated Bank | 65,011 | $4.62M | 0.04% | −3,317−4.9% | Reduced |
| Arizona State Retirement System | 66,256 | $4.71M | 0.04% | +479+0.7% | Added |
| Forte Capital LLC | 66,648 | $4.74M | 0.65% | +20,675+45.0% | Added |
| Patton Fund Management, Inc. | 67,008 | $4.76M | 1.06% | +67,008 | New |
| AE Wealth Management LLC | 62,324 | $4.79M | 0.02% | −4,915−7.3% | Reduced |
| Nisa Investment Advisors, LLC | 68,287 | $4.86M | 0.03% | −5,568−7.5% | Reduced |
| Whittier Trust Co of Nevada Inc | 69,112 | $4.91M | 0.16% | +12,144+21.3% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 70,000 | $4.98M | 0.02% | −24,000−25.5% | Reduced |
| Ghisallo Capital Management LLC | 70,800 | $5.03M | 0.52% | +70,800 | New |
| Schonfeld Strategic Advisors LLC | 71,490 | $5.08M | 0.04% | −89,554−55.6% | Reduced |
| Squarepoint Ops LLC | 71,860 | $5.11M | 0.02% | +31,303+77.2% | Added |
| The PNC Financial Services Group, Inc. | 73,295 | $5.21M | 0.00% | −3,082−4.0% | Reduced |
| Southeast Asset Advisors Inc. | 73,643 | $5.24M | 0.69% | −8,967−10.9% | Reduced |