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 |
|---|---|---|---|---|---|
| Cresset Asset Management, LLC | 331,047 | $23.5M | 0.14% | +5,062+1.6% | Added |
| Bank of Montreal | 341,445 | $24.3M | 0.01% | +47,919+16.3% | Added |
| Point72 Asset Management, L.P. | 343,429 | $24.4M | 0.07% | −55,371−13.9% | Reduced |
| Acadian Asset Management LLC | 345,292 | $24.5M | 0.10% | +341,396+8,762.7% | Added |
| Stifel Financial Corp | 348,460 | $24.8M | 0.03% | −4,225−1.2% | Reduced |
| New York State Common Retirement Fund | 349,597 | $24.9M | 0.03% | −21,115−5.7% | Reduced |
| Qube Research & Technologies Ltd | 356,094 | $25.3M | 0.06% | +264,412+288.4% | Added |
| Cookson Peirce & Co Inc | 358,122 | $25.5M | 1.54% | −6,488−1.8% | Reduced |
| Russell Investments Group, Ltd. | 358,929 | $25.5M | 0.05% | +127,903+55.4% | Added |
| Credit Suisse AG | 360,167 | $25.6M | 0.02% | −483,744−57.3% | Reduced |
| Pinebridge Investments, L.P. | 360,473 | $25.6M | 0.24% | +360,473 | New |
| National Pension Service | 363,507 | $25.8M | 0.04% | 00.0% | Unchanged |
| Citigroup Inc | 374,714 | $26.6M | 0.04% | +32,320+9.4% | Added |
| Amundi | 374,812 | $26.9M | 0.01% | +124,909+50.0% | Added |
| Verition Fund Management LLC | 382,456 | $27.2M | 0.28% | −273,217−41.7% | Reduced |
| California State Teachers Retirement System | 384,699 | $27.4M | 0.04% | +11,100+3.0% | Added |
| HSBC Holdings PLC | 385,413 | $27.4M | 0.03% | +62,020+19.2% | Added |
| CBOE Vest Financial, LLC | 385,065 | $27.4M | 1.02% | +63,938+19.9% | Added |
| Osterweis Capital Management Inc | 386,779 | $27.5M | 1.75% | +4,668+1.2% | Added |
| Motley Fool Wealth Management, LLC | 386,885 | $27.5M | 1.44% | −11,768−3.0% | Reduced |
| Renaissance Technologies LLC | 389,200 | $27.7M | 0.04% | +335,600+626.1% | Added |
| Los Angeles Capital Management LLC | 391,007 | $27.8M | 0.10% | +391,007 | New |
| Caisse de Depot Et Placement du Quebec | 395,355 | $28.1M | 0.07% | −148,703−27.3% | Reduced |
| Nomura Asset Management Co Ltd | 420,599 | $29.9M | 0.12% | −10,442−2.4% | Reduced |
| Dundas Partners LLP | 444,923 | $31.6M | 2.76% | +6,943+1.6% | Added |
| UBS Group AG | 460,797 | $32.8M | 0.01% | +79,237+20.8% | Added |
| Snyder Capital Management L P | 465,995 | $33.1M | 0.75% | −23,693−4.8% | Reduced |
| Raymond James & Associates | 491,161 | $34.9M | 0.03% | −71,753−12.7% | Reduced |
| Envestnet Asset Management Inc | 493,655 | $35.1M | 0.01% | +97,514+24.6% | Added |
| Schwartz Investment Counsel Inc | 519,150 | $36.9M | 1.44% | 00.0% | Unchanged |
| Price T Rowe Associates Inc | 521,050 | $37.1M | 0.00% | +137,052+35.7% | Added |
| Rhumbline Advisers | 532,081 | $37.8M | 0.04% | +3,808+0.7% | Added |
| TimesSquare Capital Management, LLC | 539,517 | $38.4M | 0.56% | −20,340−3.6% | Reduced |
| Citadel Advisors LLC | 577,814 | $41.1M | 0.04% | +495,575+602.6% | Added |
| Prudential Financial Inc | 584,628 | $41.7M | 0.06% | +377,052+181.6% | Added |
| Confluence Investment Management LLC | 591,834 | $42.1M | 0.59% | −10,326−1.7% | Reduced |
| Victory Capital Management Inc | 608,030 | $43.2M | 0.05% | −422,254−41.0% | Reduced |
| Boston Financial Mangement LLC | 631,055 | $44.9M | 1.52% | −8,218−1.3% | Reduced |
| Allianz Asset Management GmbH | 648,550 | $46.1M | 0.09% | +500,847+339.1% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 657,284 | $46.7M | 0.03% | +18,557+2.9% | Added |
| Deutsche Bank AG | 698,679 | $49.7M | 0.03% | +225,076+47.5% | Added |
| Tandem Investment Advisors, Inc. | 717,214 | $51.0M | 2.04% | +17,113+2.4% | Added |
| Robeco Institutional Asset Management B.V. | 725,016 | $51.6M | 0.12% | +327,253+82.3% | Added |
| Swiss National Bank | 753,800 | $53.6M | 0.04% | −20,900−2.7% | Reduced |
| FMR LLC | 835,805 | $59.4M | 0.00% | −185,863−18.2% | Reduced |
| JPMorgan Chase & Co | 863,367 | $61.4M | 0.01% | +189,699+28.2% | Added |
| Nuveen Asset Management, LLC | 901,237 | $64.1M | 0.02% | −14,743−1.6% | Reduced |
| Man Group plc | 905,710 | $64.4M | 0.19% | – | – |
| Capital World Investors | 939,242 | $66.8M | 0.01% | 00.0% | Unchanged |
| Royal London Asset Management Ltd | 957,398 | $68.1M | 0.19% | −51,352−5.1% | Reduced |
| UBS Asset Management Americas Inc | 973,804 | $69.2M | 0.03% | +50,730+5.5% | Added |
| Millennium Management LLC | 1,017,253 | $72.3M | 0.07% | −134,056−11.6% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 1,084,988 | $77.2M | 0.19% | +91,326+9.2% | Added |
| Legal & General Group Plc | 1,120,932 | $79.7M | 0.02% | −142,462−11.3% | Reduced |
| Congress Asset Management Co | 1,159,403 | $82.4M | 0.65% | +1,159,403 | New |
| Charles Schwab Investment Management Inc | 1,247,971 | $88.7M | 0.02% | +26,075+2.1% | Added |
| Barclays PLC | 1,260,979 | $89.7M | 0.05% | +305,395+32.0% | Added |
| Close Asset Management Ltd | 1,333,157 | $94.8M | 3.97% | +4,589+0.3% | Added |
| Liontrust Investment Partners LLP | 1,340,165 | $95.3M | 1.38% | −85,597−6.0% | Reduced |
| Madison Asset Management, LLC | 1,361,608 | $96.8M | 1.31% | +34,428+2.6% | Added |
| CIBC Private Wealth Group, LLC | 1,396,213 | $99.3M | 0.21% | −12,917−0.9% | Reduced |
| Dimensional Fund Advisors LP | 1,494,799 | $106.3M | 0.03% | +19,311+1.3% | Added |
| California Public Employees Retirement System | 1,500,437 | $106.7M | 0.08% | −15,848−1.0% | Reduced |
| Bank of New York Mellon Corp | 1,582,545 | $112.5M | 0.02% | −149,914−8.7% | Reduced |
| Bank of America Corp | 1,706,971 | $121.4M | 0.01% | +75,782+4.6% | Added |
| Royal Bank of Canada | 1,963,826 | $139.6M | 0.03% | +248,181+14.5% | Added |
| Manufacturers Life Insurance Company, The | 2,000,227 | $142.2M | 0.08% | +865,082+76.2% | Added |
| Invesco Ltd. | 2,044,473 | $145.4M | 0.03% | +106,978+5.5% | Added |
| Northern Trust Corp | 2,216,417 | $157.6M | 0.03% | −69,094−3.0% | Reduced |
| Storebrand Asset Management AS | 2,223,590 | $158.1M | 0.57% | +2,070,625+1,353.7% | Added |
| ProShare Advisors LLC | 2,323,025 | $165.2M | 0.50% | −288,118−11.0% | Reduced |
| Fenimore Asset Management Inc | 2,418,212 | $172.0M | 3.99% | −12,083−0.5% | Reduced |
| Clarkston Capital Partners, LLC | 2,615,425 | $186.0M | 3.45% | −638,604−19.6% | Reduced |
| APG Asset Management N.V. | 3,014,541 | $194.1M | 0.38% | +215,086+7.7% | Added |
| Norges Bank | 3,060,931 | $217.7M | 0.04% | +370,424+13.8% | Added |
| Wells Fargo & Company | 3,287,924 | $233.8M | 0.07% | −155,012−4.5% | Reduced |
| Goldman Sachs Group Inc | 3,598,618 | $255.9M | 0.06% | +524,812+17.1% | Added |
| First Eagle Investment Management, LLC | 4,108,276 | $292.1M | 0.70% | −37,942−0.9% | Reduced |
| Allspring Global Investments Holdings, LLC | 5,236,392 | $372.4M | 0.62% | +29,514+0.6% | Added |
| Geode Capital Management, LLC | 5,551,581 | $393.8M | 0.04% | +168,109+3.1% | Added |
| Morgan Stanley | 8,999,864 | $640.0M | 0.06% | −335,736−3.6% | Reduced |
| State Street Corp | 10,746,196 | $764.2M | 0.04% | +40,632+0.4% | Added |
| Principal Financial Group Inc | 12,325,905 | $876.5M | 0.56% | +294,143+2.4% | Added |
| Select Equity Group, L.P. | 14,310,480 | $1.02B | 3.75% | −443,276−3.0% | Reduced |
| BlackRock Inc. | 16,347,877 | $1.16B | 0.03% | +256,900+1.6% | Added |
| Vanguard Group Inc | 28,152,200 | $2.00B | 0.04% | +266,441+1.0% | Added |
| LMR Partners LLP | 0 | $0 | 0.00% | −300,112−100.0% | Sold out |
| Jacobs Levy Equity Management, Inc | 0 | $0 | 0.00% | −164,452−100.0% | Sold out |
| Weiss Multi-Strategy Advisers LLC | 0 | $0 | 0.00% | −60,788−100.0% | Sold out |
| Eagle Asset Management Inc | 0 | $0 | 0.00% | −37,357−100.0% | Sold out |
| Dark Forest Capital Management LP | 0 | $0 | 0.00% | −25,567−100.0% | Sold out |
| Aigen Investment Management, LP | 0 | $0 | 0.00% | −24,190−100.0% | Sold out |
| La Banque Postale Asset Management SA | 0 | $0 | 0.00% | −19,849−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −19,075−100.0% | Sold out |
| Mirabella Financial Services LLP | 0 | $0 | 0.00% | −18,701−100.0% | Sold out |
| ISAM Funds (UK) Ltd | 0 | $0 | 0.00% | −14,083−100.0% | Sold out |
| Echo Street Capital Management LLC | 0 | $0 | 0.00% | −13,530−100.0% | Sold out |
| Fox Run Management, L.L.C. | 0 | $0 | 0.00% | −12,702−100.0% | Sold out |
| Axq Capital, LP | 0 | $0 | 0.00% | −12,400−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −10,766−100.0% | Sold out |