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 |
|---|---|---|---|---|---|
| Sepio Capital, LP | 22,364 | $1.59M | 0.13% | +102+0.5% | Added |
| Procyon Private Wealth Partners, LLC | 22,002 | $1.56M | 0.13% | +630+2.9% | Added |
| Salem Investment Counselors Inc | 22,000 | $1.56M | 0.05% | 00.0% | Unchanged |
| Crossmark Global Holdings, Inc. | 21,987 | $1.56M | 0.03% | −389−1.7% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 21,867 | $1.55M | 0.02% | 00.0% | Unchanged |
| Panagora Asset Management Inc | 21,790 | $1.55M | 0.01% | −1,452−6.2% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 21,124 | $1.50M | 0.01% | +3,431+19.4% | Added |
| Elo Mutual Pension Insurance Co | 21,047 | $1.50M | 0.04% | +818+4.0% | Added |
| Sabal Trust CO | 20,882 | $1.48M | 0.09% | −2,345−10.1% | Reduced |
| Cacti Asset Management LLC | 21,000 | $1.48M | 0.13% | 00.0% | Unchanged |
| Illinois Municipal Retirement Fund | 20,702 | $1.47M | 0.02% | 00.0% | Unchanged |
| PGGM Investments | 20,594 | $1.46M | 0.02% | +13,616+195.1% | Added |
| Teachers Retirement System of the State of Kentucky | 20,201 | $1.44M | 0.01% | −933−4.4% | Reduced |
| GWM Advisors LLC | 19,003 | $1.43M | 0.01% | −304−1.6% | Reduced |
| Gulf International Bank (UK) Ltd | 19,941 | $1.42M | 0.04% | −2,566−11.4% | Reduced |
| Atria Investments LLC | 19,921 | $1.42M | 0.02% | −3,658−15.5% | Reduced |
| Keybank National Association | 19,881 | $1.41M | 0.01% | +3,524+21.5% | Added |
| Oak Thistle LLC | 19,691 | $1.40M | 0.40% | −11,406−36.7% | Reduced |
| CWM Advisors, LLC | 19,673 | $1.40M | 0.15% | +952+5.1% | Added |
| Toroso Investments, LLC | 19,431 | $1.38M | 0.03% | −16,633−46.1% | Reduced |
| Natixis | 19,355 | $1.38M | 0.01% | −264,179−93.2% | Reduced |
| Northwestern Mutual Wealth Management Co | 19,334 | $1.37M | 0.00% | −6,038−23.8% | Reduced |
| Nordea Investment Management AB | 19,332 | $1.37M | 0.00% | +665+3.6% | Added |
| CX Institutional | 19,171 | $1.36M | 0.07% | −66−0.3% | Reduced |
| Kentucky Retirement Systems | 18,900 | $1.34M | 0.04% | +90.0% | Added |
| Ossiam | 18,829 | $1.34M | 0.02% | −760−3.9% | Reduced |
| Penobscot Investment Management Company, Inc. | 18,453 | $1.31M | 0.15% | +1,525+9.0% | Added |
| Oregon Public Employees Retirement Fund | 18,439 | $1.31M | 0.02% | +200+1.1% | Added |
| Trueblood Wealth Management, LLC | 18,261 | $1.30M | 0.81% | +18,261 | New |
| Cambridge Investment Research Advisors, Inc. | 18,172 | $1.29M | 0.01% | +32+0.2% | Added |
| Maryland State Retirement & Pension System | 18,099 | $1.29M | 0.03% | 00.0% | Unchanged |
| Chilton Investment Co LLC | 18,022 | $1.28M | 0.04% | +2,800+18.4% | Added |
| MML Investors Services, LLC | 17,963 | $1.28M | 0.01% | +6,616+58.3% | Added |
| Nomura Holdings Inc | 17,793 | $1.27M | 0.01% | +282+1.6% | Added |
| Cim, LLC | 14,835 | $1.25M | 0.19% | −128−0.9% | Reduced |
| Prospera Financial Services Inc | 17,016 | $1.21M | 0.04% | +181+1.1% | Added |
| Evermay Wealth Management LLC | 16,985 | $1.21M | 0.22% | +50.0% | Added |
| Tributary Capital Management, LLC | 16,677 | $1.19M | 0.10% | +174+1.1% | Added |
| Vienna Powszechne Towarzystwo Emerytalne S.A. Vienna Insurance Group | 16,589 | $1.18M | 0.54% | −8,806−34.7% | Reduced |
| O'Shaughnessy Asset Management, LLC | 16,336 | $1.16M | 0.02% | −3,722−18.6% | Reduced |
| Raymond James Trust N.A. | 16,071 | $1.14M | 0.03% | −1,792−10.0% | Reduced |
| Hartford Investment Management Co | 16,007 | $1.14M | 0.04% | −328−2.0% | Reduced |
| USA Financial Portformulas Corp | 16,000 | $1.14M | 0.20% | +15,988+133,233.3% | Added |
| Pacer Advisors, Inc. | 15,761 | $1.12M | 0.00% | +968+6.5% | Added |
| Savant Capital, LLC | 15,687 | $1.12M | 0.01% | +727+4.9% | Added |
| Glenmede Trust Co NA | 15,557 | $1.11M | 0.01% | −3,070−16.5% | Reduced |
| FJ Capital Management LLC | 15,546 | $1.11M | 0.11% | −5,823−27.2% | Reduced |
| Atom Investors LP | 15,457 | $1.10M | 0.19% | +302+2.0% | Added |
| Envestnet Portfolio Solutions, Inc. | 15,302 | $1.09M | 0.00% | +10,301+206.0% | Added |
| Hunter Associates Investment Management LLC | 15,055 | $1.07M | 0.20% | −315−2.0% | Reduced |
| Everence Capital Management Inc | 15,040 | $1.07M | 0.08% | 00.0% | Unchanged |
| Securian Asset Management, Inc | 14,919 | $1.06M | 0.03% | −1,945−11.5% | Reduced |
| Ethic Inc. | 14,831 | $1.05M | 0.03% | +5,175+53.6% | Added |
| QRG Capital Management, Inc. | 14,413 | $1.02M | 0.02% | +1,869+14.9% | Added |
| Harmony Asset Management LLC | 14,409 | $1.02M | 0.43% | +14,409 | New |
| Louisiana State Employees Retirement System | 14,300 | $1.02M | 0.02% | −300−2.1% | Reduced |
| Cubist Systematic Strategies, LLC | 14,143 | $1.01M | 0.01% | −21,562−60.4% | Reduced |
| Creative Planning | 14,034 | $998.0K | 0.00% | +5,253+59.8% | Added |
| Roundview Capital LLC | 13,978 | $994.0K | 0.09% | 00.0% | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 13,951 | $992.0K | 0.00% | −16,716−54.5% | Reduced |
| Metis Global Partners, LLC | 13,519 | $961.3K | 0.04% | −252−1.8% | Reduced |
| Summit Global Investments | 13,495 | $960.0K | 0.06% | +13,495 | New |
| Balyasny Asset Management LLC | 13,296 | $945.5K | 0.00% | −609,565−97.9% | Reduced |
| Strategic Wealth Partners, Ltd. | 13,207 | $939.1K | 0.12% | −1,165−8.1% | Reduced |
| Mercer Global Advisors Inc | 13,039 | $927.0K | 0.00% | +2,926+28.9% | Added |
| AQR Capital Management LLC | 12,634 | $896.1K | 0.00% | −10,542−45.5% | Reduced |
| Wedbush Securities Inc | 12,365 | $879.0K | 0.04% | +39+0.3% | Added |
| New Mexico Educational Retirement Board | 12,200 | $868.0K | 0.03% | 00.0% | Unchanged |
| Ostrum Asset Management | 12,202 | $867.7K | 0.08% | +51+0.4% | Added |
| HRT Financial LP | 12,171 | $865.0K | 0.01% | −59,333−83.0% | Reduced |
| Cetera Advisor Networks LLC | 12,014 | $854.3K | 0.00% | +2,524+26.6% | Added |
| Cross Staff Investments Inc | 12,000 | $853.3K | 0.76% | 00.0% | Unchanged |
| Beacon Pointe Advisors, LLC | 11,980 | $851.9K | 0.01% | +534+4.7% | Added |
| Ameritas Investment Partners, Inc. | 11,825 | $840.9K | 0.03% | −5,160−30.4% | Reduced |
| Cyndeo Wealth Partners, LLC | 11,820 | $840.5K | 0.08% | +13+0.1% | Added |
| Unigestion Holding SA | 11,615 | $825.9K | 0.05% | +11,615 | New |
| Greenfield Seitz Capital Management, LLC | 11,400 | $810.7K | 0.32% | +11,400 | New |
| Equitable Trust Co | 11,338 | $806.2K | 0.06% | −133−1.2% | Reduced |
| JustInvest LLC | 11,278 | $802.0K | 0.02% | −2,212−16.4% | Reduced |
| SRN Advisors, LLC | 11,160 | $793.6K | 0.71% | +11,160 | New |
| Gilbert & Cook, Inc. | 10,889 | $774.3K | 0.11% | +646+6.3% | Added |
| Chaney Capital Management, Inc. | 10,864 | $772.5K | 0.69% | +10,864 | New |
| Proficio Capital Partners LLC | 10,819 | $769.4K | 0.10% | 00.0% | Unchanged |
| Resources Investment Advisors, LLC. | 10,809 | $768.6K | 0.01% | +449+4.3% | Added |
| Graham Capital Management, L.P. | 10,556 | $750.6K | 0.02% | +10,556 | New |
| FMFE Wealth Management, LLC | 10,528 | $748.7K | 0.74% | +10,528 | New |
| Integrated Wealth Concepts LLC | 10,371 | $737.5K | 0.01% | −636−5.8% | Reduced |
| M&T Bank Corp | 10,347 | $735.8K | 0.00% | +1,643+18.9% | Added |
| Claro Advisors LLC | 10,333 | $734.8K | 0.16% | +368+3.7% | Added |
| Compass Ion Advisors, LLC | 10,287 | $731.5K | 0.11% | −230−2.2% | Reduced |
| Keeley-Teton Advisors, LLC | 10,200 | $725.3K | 0.09% | 00.0% | Unchanged |
| EP Wealth Advisors, LLC | 10,050 | $714.7K | 0.01% | +4,094+68.7% | Added |
| E. Ohman J:or Asset Management AB | 9,900 | $704.0K | 0.03% | −1,400−12.4% | Reduced |
| Commerce Bank | 9,845 | $700.1K | 0.00% | −1,075−9.8% | Reduced |
| Resonant Capital Advisors, LLC | 9,770 | $694.7K | 0.07% | −1,925−16.5% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 9,679 | $688.3K | 0.00% | −1,404−12.7% | Reduced |
| Swiss Life Asset Management Ltd | 9,654 | $687.2K | 0.01% | −27,963−74.3% | Reduced |
| Glenview Trust Co | 9,660 | $686.9K | 0.02% | −663−6.4% | Reduced |
| Metropolitan Life Insurance Co | 9,614 | $683.7K | 0.03% | −125−1.3% | Reduced |
| Point72 Middle East FZE | 9,612 | $683.5K | 0.05% | −9,161−48.8% | Reduced |