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 |
|---|---|---|---|---|---|
| CI Private Wealth, LLC | 255,653 | $18.2M | 0.03% | +15,976+6.7% | Added |
| SEI Investments Co | 245,019 | $17.4M | 0.03% | +53,632+28.0% | Added |
| D. E. Shaw & Co., Inc. | 243,292 | $17.3M | 0.02% | +135,759+126.2% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 242,752 | $17.3M | 0.04% | +62,496+34.7% | Added |
| New York State Teachers Retirement System | 241,003 | $17.1M | 0.04% | −8,754−3.5% | Reduced |
| First Trust Advisors LP | 232,242 | $16.5M | 0.02% | −2,412,626−91.2% | Reduced |
| Kennedy Capital Management, Inc. | 228,847 | $16.3M | 0.36% | +22,936+11.1% | Added |
| Vancity Investment Management Ltd | 227,429 | $16.2M | 2.37% | −72,033−24.1% | Reduced |
| TD Asset Management Inc | 223,533 | $15.9M | 0.02% | +9,677+4.5% | Added |
| DekaBank Deutsche Girozentrale | 223,960 | $15.8M | 0.03% | −695−0.3% | Reduced |
| Twinbeech Capital LP | 220,678 | $15.7M | 0.25% | +220,678 | New |
| Scout Investments, Inc. | 217,715 | $15.5M | 0.39% | −359,911−62.3% | Reduced |
| Candriam Luxembourg S.C.A. | 216,291 | $15.4M | 0.11% | −82,344−27.6% | Reduced |
| Voloridge Investment Management, LLC | 216,064 | $15.4M | 0.06% | +34,248+18.8% | Added |
| Pictet Asset Management Holding SA | 211,864 | $15.1M | 0.02% | +92,267+77.1% | Added |
| State of Wisconsin Investment Board | 206,558 | $14.7M | 0.04% | +41,233+24.9% | Added |
| Federated Hermes, Inc. | 206,474 | $14.7M | 0.04% | −18,668−8.3% | Reduced |
| Assenagon Asset Management S.A. | 201,320 | $14.3M | 0.04% | −609,039−75.2% | Reduced |
| Janney Montgomery Scott LLC | 195,832 | $13.9M | 0.05% | −8,722−4.3% | Reduced |
| Thrivent Financial for Lutherans | 193,579 | $13.8M | 0.03% | +183,684+1,856.3% | Added |
| Intech Investment Management LLC | 187,360 | $13.3M | 0.19% | +63,322+51.1% | Added |
| Baird Financial Group, Inc. | 185,579 | $13.2M | 0.03% | −877−0.5% | Reduced |
| Aviva PLC | 181,475 | $12.9M | 0.05% | −11,709−6.1% | Reduced |
| Voya Investment Management LLC | 180,306 | $12.8M | 0.01% | +5,796+3.3% | Added |
| LPL Financial LLC | 172,200 | $12.2M | 0.01% | +8,451+5.2% | Added |
| Toronto Dominion Bank | 165,077 | $11.7M | 0.02% | −112,254−40.5% | Reduced |
| Charter Trust Co | 163,385 | $11.6M | 0.87% | +600.0% | Added |
| Whittier Trust Co | 162,226 | $11.5M | 0.19% | +17,479+12.1% | Added |
| Bank of Nova Scotia | 161,614 | $11.5M | 0.02% | +139,625+635.0% | Added |
| Natixis Advisors, L.P. | 160,056 | $11.4M | 0.03% | +42,337+36.0% | Added |
| Wellington Management Group LLP | 155,710 | $11.1M | 0.00% | −617,976−79.9% | Reduced |
| Cooper Investors Pty Ltd | 153,381 | $10.9M | 0.65% | 00.0% | Unchanged |
| Diamond Hill Capital Management Inc | 153,103 | $10.9M | 0.05% | −52,607−25.6% | Reduced |
| Vident Advisory, LLC | 148,655 | $10.6M | 0.27% | +3,799+2.6% | Added |
| Motley Fool Asset Management LLC | 148,485 | $10.6M | 0.79% | −3,367−2.2% | Reduced |
| ExodusPoint Capital Management, LP | 148,175 | $10.5M | 0.13% | +130,390+733.1% | Added |
| Great West Life Assurance Co | 145,251 | $10.3M | 0.02% | +13,423+10.2% | Added |
| Tower Bridge Advisors | 141,696 | $10.1M | 0.87% | −2,938−2.0% | Reduced |
| Speece Thorson Capital Group Inc | 139,077 | $9.89M | 2.03% | +936+0.7% | Added |
| Ensign Peak Advisors, Inc | 135,790 | $9.66M | 0.02% | +25,936+23.6% | Added |
| Yousif Capital Management, LLC | 135,413 | $9.63M | 0.11% | −5,404−3.8% | Reduced |
| Gotham Asset Management, LLC | 135,279 | $9.62M | 0.18% | +8,573+6.8% | Added |
| State of Tennessee, Treasury Department | 134,407 | $9.56M | 0.04% | −3,875−2.8% | Reduced |
| State of New Jersey Common Pension Fund D | 133,635 | $9.50M | 0.03% | 00.0% | Unchanged |
| Mattern Capital Management, LLC | 133,113 | $9.47M | 1.38% | +3,293+2.5% | Added |
| Boston Trust Walden Corp | 132,077 | $9.39M | 0.07% | +1,284+1.0% | Added |
| Chevy Chase Trust Holdings, Inc. | 131,952 | $9.38M | 0.03% | −366−0.3% | Reduced |
| Omers Administration Corp | 131,100 | $9.32M | 0.12% | +131,100 | New |
| Congress Wealth Management LLC | 130,295 | $9.27M | 0.17% | +130,295 | New |
| Running Oak Capital LLC | 127,536 | $9.07M | 1.79% | +15,954+14.3% | Added |
| Lountzis Asset Management, LLC | 127,042 | $9.03M | 4.93% | −3,235−2.5% | Reduced |
| British Columbia Investment Management Corp | 126,738 | $9.01M | 0.07% | +2,956+2.4% | Added |
| BNP Paribas Arbitrage, SA | 126,049 | $8.96M | 0.02% | −44,164−25.9% | Reduced |
| AXA S.A. | 124,483 | $8.85M | 0.03% | +98,938+387.3% | Added |
| Comerica Bank | 124,183 | $8.83M | 0.04% | +11,653+10.4% | Added |
| Umb Bank N A | 123,314 | $8.77M | 0.13% | −230.0% | Reduced |
| BCM Advisors, LLC | 111,398 | $8.72M | 2.29% | −6,647−5.6% | Reduced |
| Public Employees Retirement System of Ohio | 121,446 | $8.64M | 0.03% | −37,234−23.5% | Reduced |
| Standard Life Aberdeen plc | 119,874 | $8.52M | 0.02% | +57,119+91.0% | Added |
| Commonwealth Equity Services, LLC | 117,015 | $8.32M | 0.02% | +11,747+11.2% | Added |
| Capital Fund Management S.A. | 116,689 | $8.30M | 0.11% | +52,482+81.7% | Added |
| Truist Financial Corp | 116,090 | $8.26M | 0.01% | +20,109+21.0% | Added |
| ArrowMark Colorado Holdings LLC | 114,479 | $8.14M | 0.09% | +11,204+10.8% | Added |
| Advisor Group Holdings, Inc. | 113,553 | $8.08M | 0.01% | −4,282−3.6% | Reduced |
| Hantz Financial Services, Inc. | 112,462 | $8.00M | 0.17% | +112,462 | New |
| Mn Services Vermogensbeheer B.V. | 110,900 | $7.89M | 0.07% | −4,200−3.6% | Reduced |
| Marks Group Wealth Management, Inc | 109,957 | $7.82M | 0.89% | −1,358−1.2% | Reduced |
| Heron Bay Capital Management | 109,746 | $7.80M | 1.81% | −639−0.6% | Reduced |
| Treasurer of the State of North Carolina | 108,144 | $7.69M | 0.04% | +1,030+1.0% | Added |
| Shell Asset Management Co | 107,847 | $7.67M | 0.35% | −19,700−15.4% | Reduced |
| WCM Investment Management, LLC | 107,979 | $7.66M | 0.02% | +12,748+13.4% | Added |
| Korea Investment CORP | 102,231 | $7.27M | 0.02% | +29,911+41.4% | Added |
| Vaughan David Investments LLC | 100,000 | $7.11M | 0.19% | 00.0% | Unchanged |
| Asset Management One Co.,Ltd. | 98,531 | $6.99M | 0.03% | +613+0.6% | Added |
| Neuberger Berman Group LLC | 97,651 | $6.94M | 0.01% | −9,526−8.9% | Reduced |
| Benjamin F. Edwards & Company, Inc. | 97,528 | $6.93M | 0.14% | +93,658+2,420.1% | Added |
| Credit Agricole S A | 96,403 | $6.86M | 0.14% | +94,190+4,256.2% | Added |
| Spring Capital Management, LLC | 96,312 | $6.85M | 5.37% | −2,768−2.8% | Reduced |
| Tudor Investment Corp Et Al | 92,410 | $6.57M | 0.09% | +92,410 | New |
| Wedge Capital Management L L P | 89,992 | $6.40M | 0.11% | +19,021+26.8% | Added |
| First National Bank of Omaha | 88,418 | $6.29M | 0.40% | −11,091−11.1% | Reduced |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 86,243 | $6.13M | 0.08% | −9,400−9.8% | Reduced |
| Rafferty Asset Management, LLC | 83,724 | $5.95M | 0.03% | +4,735+6.0% | Added |
| Schroder Investment Management Group | 82,682 | $5.88M | 0.01% | +25,895+45.6% | Added |
| Captrust Financial Advisors | 76,396 | $5.43M | 0.02% | −1,803−2.3% | Reduced |
| Old Mission Capital LLC | 75,222 | $5.35M | 0.15% | +75,222 | New |
| Southeast Asset Advisors Inc. | 73,643 | $5.24M | 0.69% | −8,967−10.9% | Reduced |
| The PNC Financial Services Group, Inc. | 73,295 | $5.21M | 0.00% | −3,082−4.0% | Reduced |
| Squarepoint Ops LLC | 71,860 | $5.11M | 0.02% | +31,303+77.2% | Added |
| Schonfeld Strategic Advisors LLC | 71,490 | $5.08M | 0.04% | −89,554−55.6% | Reduced |
| Ghisallo Capital Management LLC | 70,800 | $5.03M | 0.52% | +70,800 | New |
| Healthcare of Ontario Pension Plan Trust Fund | 70,000 | $4.98M | 0.02% | −24,000−25.5% | Reduced |
| Whittier Trust Co of Nevada Inc | 69,112 | $4.91M | 0.16% | +12,144+21.3% | Added |
| Nisa Investment Advisors, LLC | 68,287 | $4.86M | 0.03% | −5,568−7.5% | Reduced |
| AE Wealth Management LLC | 62,324 | $4.79M | 0.02% | −4,915−7.3% | Reduced |
| Patton Fund Management, Inc. | 67,008 | $4.76M | 1.06% | +67,008 | New |
| Forte Capital LLC | 66,648 | $4.74M | 0.65% | +20,675+45.0% | Added |
| Arizona State Retirement System | 66,256 | $4.71M | 0.04% | +479+0.7% | Added |
| Amalgamated Bank | 65,011 | $4.62M | 0.04% | −3,317−4.9% | Reduced |
| Susquehanna International Group, LLP | 64,983 | $4.62M | 0.01% | −29,185−31.0% | Reduced |