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 |
|---|---|---|---|---|---|
| Old Mission Capital LLC | 75,222 | $5.35M | 0.15% | +75,222 | New |
| Captrust Financial Advisors | 76,396 | $5.43M | 0.02% | −1,803−2.3% | Reduced |
| Schroder Investment Management Group | 82,682 | $5.88M | 0.01% | +25,895+45.6% | Added |
| Rafferty Asset Management, LLC | 83,724 | $5.95M | 0.03% | +4,735+6.0% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 86,243 | $6.13M | 0.08% | −9,400−9.8% | Reduced |
| First National Bank of Omaha | 88,418 | $6.29M | 0.40% | −11,091−11.1% | Reduced |
| Wedge Capital Management L L P | 89,992 | $6.40M | 0.11% | +19,021+26.8% | Added |
| Tudor Investment Corp Et Al | 92,410 | $6.57M | 0.09% | +92,410 | New |
| Spring Capital Management, LLC | 96,312 | $6.85M | 5.37% | −2,768−2.8% | Reduced |
| Credit Agricole S A | 96,403 | $6.86M | 0.14% | +94,190+4,256.2% | Added |
| Benjamin F. Edwards & Company, Inc. | 97,528 | $6.93M | 0.14% | +93,658+2,420.1% | Added |
| Neuberger Berman Group LLC | 97,651 | $6.94M | 0.01% | −9,526−8.9% | Reduced |
| Asset Management One Co.,Ltd. | 98,531 | $6.99M | 0.03% | +613+0.6% | Added |
| Vaughan David Investments LLC | 100,000 | $7.11M | 0.19% | 00.0% | Unchanged |
| Korea Investment CORP | 102,231 | $7.27M | 0.02% | +29,911+41.4% | Added |
| WCM Investment Management, LLC | 107,979 | $7.66M | 0.02% | +12,748+13.4% | Added |
| Shell Asset Management Co | 107,847 | $7.67M | 0.35% | −19,700−15.4% | Reduced |
| Treasurer of the State of North Carolina | 108,144 | $7.69M | 0.04% | +1,030+1.0% | Added |
| Heron Bay Capital Management | 109,746 | $7.80M | 1.81% | −639−0.6% | Reduced |
| Marks Group Wealth Management, Inc | 109,957 | $7.82M | 0.89% | −1,358−1.2% | Reduced |
| Mn Services Vermogensbeheer B.V. | 110,900 | $7.89M | 0.07% | −4,200−3.6% | Reduced |
| Hantz Financial Services, Inc. | 112,462 | $8.00M | 0.17% | +112,462 | New |
| Advisor Group Holdings, Inc. | 113,553 | $8.08M | 0.01% | −4,282−3.6% | Reduced |
| ArrowMark Colorado Holdings LLC | 114,479 | $8.14M | 0.09% | +11,204+10.8% | Added |
| Truist Financial Corp | 116,090 | $8.26M | 0.01% | +20,109+21.0% | Added |
| Capital Fund Management S.A. | 116,689 | $8.30M | 0.11% | +52,482+81.7% | Added |
| Commonwealth Equity Services, LLC | 117,015 | $8.32M | 0.02% | +11,747+11.2% | Added |
| Standard Life Aberdeen plc | 119,874 | $8.52M | 0.02% | +57,119+91.0% | Added |
| Public Employees Retirement System of Ohio | 121,446 | $8.64M | 0.03% | −37,234−23.5% | Reduced |
| BCM Advisors, LLC | 111,398 | $8.72M | 2.29% | −6,647−5.6% | Reduced |
| Umb Bank N A | 123,314 | $8.77M | 0.13% | −230.0% | Reduced |
| Comerica Bank | 124,183 | $8.83M | 0.04% | +11,653+10.4% | Added |
| AXA S.A. | 124,483 | $8.85M | 0.03% | +98,938+387.3% | Added |
| BNP Paribas Arbitrage, SA | 126,049 | $8.96M | 0.02% | −44,164−25.9% | Reduced |
| British Columbia Investment Management Corp | 126,738 | $9.01M | 0.07% | +2,956+2.4% | Added |
| Lountzis Asset Management, LLC | 127,042 | $9.03M | 4.93% | −3,235−2.5% | Reduced |
| Running Oak Capital LLC | 127,536 | $9.07M | 1.79% | +15,954+14.3% | Added |
| Congress Wealth Management LLC | 130,295 | $9.27M | 0.17% | +130,295 | New |
| Omers Administration Corp | 131,100 | $9.32M | 0.12% | +131,100 | New |
| Chevy Chase Trust Holdings, Inc. | 131,952 | $9.38M | 0.03% | −366−0.3% | Reduced |
| Boston Trust Walden Corp | 132,077 | $9.39M | 0.07% | +1,284+1.0% | Added |
| Mattern Capital Management, LLC | 133,113 | $9.47M | 1.38% | +3,293+2.5% | Added |
| State of New Jersey Common Pension Fund D | 133,635 | $9.50M | 0.03% | 00.0% | Unchanged |
| State of Tennessee, Treasury Department | 134,407 | $9.56M | 0.04% | −3,875−2.8% | Reduced |
| Gotham Asset Management, LLC | 135,279 | $9.62M | 0.18% | +8,573+6.8% | Added |
| Yousif Capital Management, LLC | 135,413 | $9.63M | 0.11% | −5,404−3.8% | Reduced |
| Ensign Peak Advisors, Inc | 135,790 | $9.66M | 0.02% | +25,936+23.6% | Added |
| Speece Thorson Capital Group Inc | 139,077 | $9.89M | 2.03% | +936+0.7% | Added |
| Tower Bridge Advisors | 141,696 | $10.1M | 0.87% | −2,938−2.0% | Reduced |
| Great West Life Assurance Co | 145,251 | $10.3M | 0.02% | +13,423+10.2% | Added |
| ExodusPoint Capital Management, LP | 148,175 | $10.5M | 0.13% | +130,390+733.1% | Added |
| Motley Fool Asset Management LLC | 148,485 | $10.6M | 0.79% | −3,367−2.2% | Reduced |
| Vident Advisory, LLC | 148,655 | $10.6M | 0.27% | +3,799+2.6% | Added |
| Diamond Hill Capital Management Inc | 153,103 | $10.9M | 0.05% | −52,607−25.6% | Reduced |
| Cooper Investors Pty Ltd | 153,381 | $10.9M | 0.65% | 00.0% | Unchanged |
| Wellington Management Group LLP | 155,710 | $11.1M | 0.00% | −617,976−79.9% | Reduced |
| Natixis Advisors, L.P. | 160,056 | $11.4M | 0.03% | +42,337+36.0% | Added |
| Bank of Nova Scotia | 161,614 | $11.5M | 0.02% | +139,625+635.0% | Added |
| Whittier Trust Co | 162,226 | $11.5M | 0.19% | +17,479+12.1% | Added |
| Charter Trust Co | 163,385 | $11.6M | 0.87% | +600.0% | Added |
| Toronto Dominion Bank | 165,077 | $11.7M | 0.02% | −112,254−40.5% | Reduced |
| LPL Financial LLC | 172,200 | $12.2M | 0.01% | +8,451+5.2% | Added |
| Voya Investment Management LLC | 180,306 | $12.8M | 0.01% | +5,796+3.3% | Added |
| Aviva PLC | 181,475 | $12.9M | 0.05% | −11,709−6.1% | Reduced |
| Baird Financial Group, Inc. | 185,579 | $13.2M | 0.03% | −877−0.5% | Reduced |
| Intech Investment Management LLC | 187,360 | $13.3M | 0.19% | +63,322+51.1% | Added |
| Thrivent Financial for Lutherans | 193,579 | $13.8M | 0.03% | +183,684+1,856.3% | Added |
| Janney Montgomery Scott LLC | 195,832 | $13.9M | 0.05% | −8,722−4.3% | Reduced |
| Assenagon Asset Management S.A. | 201,320 | $14.3M | 0.04% | −609,039−75.2% | Reduced |
| Federated Hermes, Inc. | 206,474 | $14.7M | 0.04% | −18,668−8.3% | Reduced |
| State of Wisconsin Investment Board | 206,558 | $14.7M | 0.04% | +41,233+24.9% | Added |
| Pictet Asset Management Holding SA | 211,864 | $15.1M | 0.02% | +92,267+77.1% | Added |
| Voloridge Investment Management, LLC | 216,064 | $15.4M | 0.06% | +34,248+18.8% | Added |
| Candriam Luxembourg S.C.A. | 216,291 | $15.4M | 0.11% | −82,344−27.6% | Reduced |
| Scout Investments, Inc. | 217,715 | $15.5M | 0.39% | −359,911−62.3% | Reduced |
| Twinbeech Capital LP | 220,678 | $15.7M | 0.25% | +220,678 | New |
| DekaBank Deutsche Girozentrale | 223,960 | $15.8M | 0.03% | −695−0.3% | Reduced |
| TD Asset Management Inc | 223,533 | $15.9M | 0.02% | +9,677+4.5% | Added |
| Vancity Investment Management Ltd | 227,429 | $16.2M | 2.37% | −72,033−24.1% | Reduced |
| Kennedy Capital Management, Inc. | 228,847 | $16.3M | 0.36% | +22,936+11.1% | Added |
| First Trust Advisors LP | 232,242 | $16.5M | 0.02% | −2,412,626−91.2% | Reduced |
| New York State Teachers Retirement System | 241,003 | $17.1M | 0.04% | −8,754−3.5% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 242,752 | $17.3M | 0.04% | +62,496+34.7% | Added |
| D. E. Shaw & Co., Inc. | 243,292 | $17.3M | 0.02% | +135,759+126.2% | Added |
| SEI Investments Co | 245,019 | $17.4M | 0.03% | +53,632+28.0% | Added |
| CI Private Wealth, LLC | 255,653 | $18.2M | 0.03% | +15,976+6.7% | Added |
| Aware Super Pty Ltd as trustee of Aware Super | 228,374 | $18.2M | 0.25% | +228,374 | New |
| Summit Wealth Partners, LLC | 256,850 | $18.3M | 4.24% | 00.0% | Unchanged |
| State Board of Administration of Florida Retirement System | 260,577 | $18.5M | 0.04% | +480.0% | Added |
| Teacher Retirement System of Texas | 280,400 | $19.9M | 0.14% | +125,990+81.6% | Added |
| Brown Brothers Harriman & Co | 282,727 | $20.1M | 0.17% | +74,448+35.7% | Added |
| Alliancebernstein L.P. | 283,144 | $20.1M | 0.01% | +777+0.3% | Added |
| Prospector Partners LLC | 290,777 | $20.7M | 2.61% | +940+0.3% | Added |
| Ameriprise Financial Inc | 293,767 | $20.9M | 0.01% | −301,630−50.7% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 308,664 | $21.4M | 0.04% | −14,319−4.4% | Reduced |
| Prana Capital Management, LP | 308,054 | $21.9M | 1.29% | −129,487−29.6% | Reduced |
| FIL Ltd | 315,142 | $22.4M | 0.02% | −108,647−25.6% | Reduced |
| Ferguson Wellman Capital Management, Inc | 316,788 | $22.5M | 0.50% | +13,941+4.6% | Added |
| 1832 Asset Management L.P. | 322,209 | $22.9M | 0.04% | +1,757+0.5% | Added |
| Philo Smith Capital Corp | 325,450 | $23.1M | 7.44% | 00.0% | Unchanged |