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 |
|---|---|---|---|---|---|
| DoubleLine ETF Adviser LP | 3,945 | $280.5K | 0.08% | +320+8.8% | Added |
| Avantax Advisory Services, Inc. | 3,936 | $279.9K | 0.00% | +3,936 | New |
| Alliance Wealth Advisors, LLC | 3,908 | $277.9K | 0.09% | +3,908 | New |
| Veriti Management LLC | 3,849 | $273.7K | 0.02% | +325+9.2% | Added |
| Buckingham Strategic Wealth, LLC | 3,843 | $273.3K | 0.00% | −971−20.2% | Reduced |
| Summit Financial, LLC | 3,760 | $267.4K | 0.02% | +365+10.8% | Added |
| iA Global Asset Management Inc. | 3,754 | $267.0K | 0.01% | +101+2.8% | Added |
| Greenleaf Trust | 3,741 | $266.0K | 0.00% | −269−6.7% | Reduced |
| Smith Shellnut Wilson LLC | 3,687 | $262.2K | 0.15% | 00.0% | Unchanged |
| Brevan Howard Capital Management LP | 3,656 | $260.0K | 0.03% | +3,656 | New |
| Norden Group LLC | 3,630 | $258.1K | 0.05% | +3,630 | New |
| Mattern Wealth Management LLC | 3,620 | $257.4K | 0.07% | −46−1.3% | Reduced |
| CWA Asset Management Group, LLC | 3,604 | $256.3K | 0.02% | +3,604 | New |
| W.H. Cornerstone Investments Inc. | 3,531 | $251.0K | 0.20% | +6+0.2% | Added |
| HB Wealth Management, LLC | 3,526 | $250.7K | 0.00% | +529+17.7% | Added |
| Atria Wealth Solutions, Inc. | 3,520 | $250.3K | 0.00% | +3,520 | New |
| Darwin Advisors, LLC | 3,400 | $241.8K | 0.06% | 00.0% | Unchanged |
| Legacy Wealth Asset Management, LLC | 3,379 | $240.3K | 0.08% | +3,379 | New |
| Cetera Investment Advisers | 3,376 | $240.1K | 0.00% | +3,376 | New |
| Horizon Investments, LLC | 3,339 | $237.0K | 0.01% | −263−7.3% | Reduced |
| United Capital Financial Advisers, LLC | 3,330 | $236.8K | 0.00% | +3,330 | New |
| Moneta Group Investment Advisors LLC | 3,318 | $235.9K | 0.00% | +3,318 | New |
| Ballentine Partners, LLC | 3,296 | $234.4K | 0.00% | +3,296 | New |
| NEOS Investment Management LLC | 3,261 | $231.9K | 0.02% | +3,261 | New |
| Wolverine Trading, LLC | 3,253 | $231.3K | 0.00% | +3,253 | New |
| Revisor Wealth Management LLC | 3,236 | $230.1K | 0.26% | −877−21.3% | Reduced |
| Brinker Capital Investments, LLC | 3,176 | $229.3K | 0.00% | +3,176 | New |
| Orion Portfolio Solutions, LLC | 3,176 | $229.3K | 0.00% | +3,176 | New |
| CWS Financial Advisors, LLC | 3,181 | $226.2K | 0.08% | −983−23.6% | Reduced |
| Carmel Capital Partners, LLC | 3,162 | $224.8K | 0.11% | +1,250+65.4% | Added |
| Prevail Innovative Wealth Advisors, LLC | 3,158 | $224.6K | 0.11% | +3,158 | New |
| Anchor Investment Management, LLC | 3,080 | $219.0K | 0.03% | 00.0% | Unchanged |
| Foundry Partners, LLC | 3,071 | $218.4K | 0.01% | 00.0% | Unchanged |
| Profund Advisors LLC | 3,061 | $217.7K | 0.01% | +3,061 | New |
| MSH Capital Advisors LLC | 3,060 | $217.6K | 0.08% | +5+0.2% | Added |
| Private Trust Co NA | 3,054 | $217.2K | 0.03% | +123+4.2% | Added |
| Kingsview Wealth Management, LLC | 3,052 | $217.1K | 0.01% | −33−1.1% | Reduced |
| GYL Financial Synergies, LLC | 3,037 | $216.0K | 0.02% | +3,037 | New |
| First Affirmative Financial Network | 3,027 | $215.3K | 0.17% | +3,027 | New |
| Journey Strategic Wealth LLC | 2,972 | $211.3K | 0.01% | 00.0% | Unchanged |
| PEAK6 Investments LLC | 2,971 | $211.3K | 0.01% | +2,481+506.3% | Added |
| Canandaigua National Bank & Trust Co | 2,939 | $209.0K | 0.03% | +2,939 | New |
| Empowered Funds, LLC | 2,938 | $208.9K | 0.01% | −230−7.3% | Reduced |
| Lido Advisors, LLC | 2,914 | $207.2K | 0.00% | −28,340−90.7% | Reduced |
| Virtus Investment Advisers, Inc. | 2,900 | $206.2K | 0.15% | +2,900 | New |
| Ci Investments Inc. | 2,798 | $199.0K | 0.00% | −1,395−33.3% | Reduced |
| V-Square Quantitative Management LLC | 2,650 | $188.4K | 0.04% | 00.0% | Unchanged |
| UniSuper Management Pty Ltd | 2,596 | $184.6K | 0.00% | +896+52.7% | Added |
| GAMMA Investing LLC | 2,378 | $184.4K | 0.05% | +2,378 | New |
| Exchange Traded Concepts, LLC | 2,397 | $170.5K | 0.00% | +2,397 | New |
| NBC Securities, Inc. | 2,314 | $164.0K | 0.02% | 00.0% | Unchanged |
| Smithfield Trust Co | 2,161 | $154.0K | 0.01% | −650−23.1% | Reduced |
| Penserra Capital Management LLC | 2,149 | $151.0K | 0.00% | −414−16.2% | Reduced |
| Kapitalo Investimentos Ltda | 2,106 | $149.8K | 0.03% | −463−18.0% | Reduced |
| Tradition Wealth Management, LLC | 1,974 | $140.0K | 0.01% | +3+0.2% | Added |
| State of Wyoming | 1,893 | $134.6K | 0.03% | +14+0.7% | Added |
| Benjamin Edwards Inc | 1,781 | $127.0K | 0.03% | +3+0.2% | Added |
| Parallel Advisors, LLC | 1,677 | $119.2K | 0.00% | +47+2.9% | Added |
| Farther Finance Advisors, LLC | 1,662 | $118.2K | 0.01% | −3−0.2% | Reduced |
| Signaturefd, LLC | 1,596 | $113.5K | 0.00% | +84+5.6% | Added |
| Trust Co of Vermont | 1,401 | $99.6K | 0.01% | 00.0% | Unchanged |
| IFP Advisors, Inc | 1,363 | $96.9K | 0.00% | −282−17.1% | Reduced |
| Federation des caisses Desjardins du Quebec | 1,250 | $88.9K | 0.00% | 00.0% | Unchanged |
| Glen Eagle Advisors, LLC | 1,250 | $88.9K | 0.02% | 00.0% | Unchanged |
| Sentry Investment Management LLC | 1,235 | $88.0K | 0.04% | −133−9.7% | Reduced |
| Spire Wealth Management | 1,148 | $85.9K | 0.00% | +13+1.1% | Added |
| Annapolis Financial Services, LLC | 1,200 | $85.3K | 0.02% | −36−2.9% | Reduced |
| Atticus Wealth Management, LLC | 1,170 | $83.2K | 0.03% | 00.0% | Unchanged |
| West Tower Group, LLC | 1,037 | $73.7K | 0.15% | +239+29.9% | Added |
| First Horizon Advisors, Inc. | 1,008 | $71.7K | 0.00% | +187+22.8% | Added |
| Montag A & Associates Inc | 980 | $69.7K | 0.00% | 00.0% | Unchanged |
| Desjardins Global Asset Management Inc. | 962 | $68.4K | 0.01% | +13+1.4% | Added |
| McGlone Suttner Wealth Management, Inc. | 860 | $61.2K | 0.01% | +860 | New |
| Annis Gardner Whiting Capital Advisors, LLC | 848 | $60.3K | 0.03% | +1+0.1% | Added |
| Tobam | 842 | $60.0K | 0.01% | −1,709−67.0% | Reduced |
| Global Retirement Partners, LLC | 798 | $59.5K | 0.00% | +40+5.3% | Added |
| Advisors Asset Management, Inc. | 829 | $59.0K | 0.00% | −396−32.3% | Reduced |
| Orion Capital Management LLC | 807 | $57.4K | 0.03% | 00.0% | Unchanged |
| GeoWealth Management, LLC | 804 | $57.0K | 0.00% | +195+32.0% | Added |
| Covestor Ltd | 772 | $55.0K | 0.04% | +2+0.3% | Added |
| Quarry LP | 756 | $53.8K | 0.03% | +756 | New |
| Global Wealth Management Investment Advisory, Inc. | 720 | $51.2K | 0.01% | 00.0% | Unchanged |
| Massmutual Trust Co FSB | 710 | $50.5K | 0.00% | +71+11.1% | Added |
| Huntington National Bank | 687 | $48.9K | 0.00% | −65−8.6% | Reduced |
| Caldwell Trust Co | 676 | $48.1K | 0.01% | 00.0% | Unchanged |
| Gables Capital Management Inc. | 668 | $47.5K | 0.03% | 00.0% | Unchanged |
| Quent Capital, LLC | 647 | $46.0K | 0.01% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 634 | $45.1K | 0.01% | −103−14.0% | Reduced |
| Mendota Financial Group, LLC | 590 | $42.0K | 0.03% | +590 | New |
| GPS Wealth Strategies Group, LLC | 589 | $41.9K | 0.01% | 00.0% | Unchanged |
| Rakuten Investment Management, Inc. | 588 | $41.7K | 0.00% | +588 | New |
| Allworth Financial LP | 582 | $41.4K | 0.00% | −72−11.0% | Reduced |
| Proequities, Inc. | 565 | $40.2K | 0.00% | +546+2,873.7% | Added |
| Livforsakringsbolaget Skandia, Omsesidigt | 548 | $39.0K | 0.00% | +348+174.0% | Added |
| Castleview Partners, LLC | 520 | $37.0K | 0.03% | 00.0% | Unchanged |
| Park Place Capital Corp | 509 | $36.2K | 0.01% | +318+166.5% | Added |
| Asset Dedication, LLC | 506 | $36.0K | 0.00% | 00.0% | Unchanged |
| PSI Advisors, LLC | 498 | $35.4K | 0.01% | 00.0% | Unchanged |
| Ogorek Anthony Joseph | 504 | $35.0K | 0.01% | 00.0% | Unchanged |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 468 | $33.3K | 0.00% | −238−33.7% | Reduced |