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, Q1 2024
Institutional positions in Brown & Brown, Inc. as of Mar 31, 2024. 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
- 718
- +40 vs. Q4 2023
- Shares held
- 206.5M
- +666.9K (+0.3%) vs. Q4 2023
- Total value
- $18.0B
- +$3.43B (+23.4%) vs. Q4 2023
- New holders
- 99
- 272 more added
- Sold out
- 59
- 232 more reduced
8 institutions that held it in Q4 2023 haven't filed for Q1 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2024
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q4 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 28,355,305 | $2.48B | 0.05% | +203,105+0.7% | Added |
| BlackRock Inc. | 16,599,182 | $1.45B | 0.03% | +251,305+1.5% | Added |
| Select Equity Group, L.P. | 13,606,390 | $1.19B | 4.30% | −704,090−4.9% | Reduced |
| Principal Financial Group Inc | 12,718,155 | $1.11B | 0.65% | +392,250+3.2% | Added |
| State Street Corp | 10,832,040 | $948.2M | 0.04% | +85,844+0.8% | Added |
| Morgan Stanley | 8,865,876 | $776.1M | 0.06% | −133,988−1.5% | Reduced |
| Geode Capital Management, LLC | 5,790,501 | $505.7M | 0.05% | +238,920+4.3% | Added |
| Allspring Global Investments Holdings, LLC | 4,572,541 | $400.3M | 0.62% | −663,851−12.7% | Reduced |
| Goldman Sachs Group Inc | 3,520,077 | $308.1M | 0.06% | −78,541−2.2% | Reduced |
| Wells Fargo & Company | 3,342,071 | $292.6M | 0.08% | +54,147+1.6% | Added |
| First Eagle Investment Management, LLC | 3,109,220 | $272.2M | 0.62% | −999,056−24.3% | Reduced |
| Norges Bank | 3,051,003 | $267.1M | 0.04% | −9,928−0.3% | Reduced |
| Manufacturers Life Insurance Company, The | 2,801,522 | $245.2M | 0.23% | +801,295+40.1% | Added |
| APG Asset Management N.V. | 3,020,647 | $244.8M | 0.43% | +6,106+0.2% | Added |
| Invesco Ltd. | 2,699,144 | $236.3M | 0.05% | +654,671+32.0% | Added |
| Clarkston Capital Partners, LLC | 2,616,825 | $229.1M | 4.04% | +1,400+0.1% | Added |
| Fenimore Asset Management Inc | 2,408,003 | $210.8M | 4.45% | −10,209−0.4% | Reduced |
| ProShare Advisors LLC | 2,251,701 | $197.1M | 0.52% | −71,324−3.1% | Reduced |
| Storebrand Asset Management AS | 2,216,102 | $194.0M | 0.66% | −7,488−0.3% | Reduced |
| Royal Bank of Canada | 2,215,420 | $193.9M | 0.05% | +251,594+12.8% | Added |
| Northern Trust Corp | 2,145,871 | $187.8M | 0.03% | −70,546−3.2% | Reduced |
| Bank of America Corp | 2,004,190 | $175.4M | 0.02% | +297,219+17.4% | Added |
| Madison Asset Management, LLC | 1,534,907 | $134.4M | 1.65% | +173,299+12.7% | Added |
| Bank of New York Mellon Corp | 1,533,978 | $134.3M | 0.03% | −48,567−3.1% | Reduced |
| California Public Employees Retirement System | 1,440,561 | $126.1M | 0.09% | −59,876−4.0% | Reduced |
| Dimensional Fund Advisors LP | 1,438,708 | $125.9M | 0.03% | −56,091−3.8% | Reduced |
| Capital World Investors | 1,413,224 | $123.7M | 0.02% | +473,982+50.5% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 1,408,968 | $123.3M | 0.29% | +323,980+29.9% | Added |
| UBS Asset Management Americas Inc | 1,400,482 | $122.6M | 0.04% | +426,678+43.8% | Added |
| Congress Asset Management Co | 1,397,596 | $122.3M | 0.87% | +238,193+20.5% | Added |
| CIBC Private Wealth Group, LLC | 1,392,466 | $120.2M | 0.24% | −3,747−0.3% | Reduced |
| Close Asset Management Ltd | 1,333,314 | $116.7M | 4.26% | +1570.0% | Added |
| Liontrust Investment Partners LLP | 1,296,095 | $113.5M | 1.58% | −44,070−3.3% | Reduced |
| Charles Schwab Investment Management Inc | 1,267,842 | $111.0M | 0.03% | +19,871+1.6% | Added |
| Legal & General Group Plc | 1,140,673 | $99.9M | 0.03% | +19,741+1.8% | Added |
| Allianz Asset Management GmbH | 1,087,855 | $95.2M | 0.16% | +439,305+67.7% | Added |
| JPMorgan Chase & Co | 1,072,744 | $93.9M | 0.01% | +209,377+24.3% | Added |
| Royal London Asset Management Ltd | 1,008,622 | $88.3M | 0.22% | +51,224+5.4% | Added |
| FMR LLC | 867,501 | $75.9M | 0.01% | +31,696+3.8% | Added |
| Deutsche Bank AG | 860,231 | $75.3M | 0.04% | +161,552+23.1% | Added |
| Barclays PLC | 846,250 | $74.1M | 0.03% | −414,729−32.9% | Reduced |
| Nuveen Asset Management, LLC | 761,676 | $66.7M | 0.02% | −139,561−15.5% | Reduced |
| Point72 Asset Management, L.P. | 726,662 | $63.6M | 0.18% | +383,233+111.6% | Added |
| Swiss National Bank | 724,400 | $63.4M | 0.04% | −29,400−3.9% | Reduced |
| Bank of Montreal | 702,812 | $61.6M | 0.03% | +361,367+105.8% | Added |
| Robeco Institutional Asset Management B.V. | 698,858 | $61.2M | 0.13% | −26,158−3.6% | Reduced |
| Tandem Investment Advisors, Inc. | 694,802 | $60.8M | 2.36% | −22,412−3.1% | Reduced |
| UBS Group AG | 680,156 | $59.5M | 0.02% | +219,359+47.6% | Added |
| Boston Financial Mangement LLC | 631,045 | $55.2M | 1.76% | −100.0% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 628,008 | $55.0M | 0.04% | −29,276−4.5% | Reduced |
| Confluence Investment Management LLC | 566,579 | $49.6M | 0.67% | −25,255−4.3% | Reduced |
| Envestnet Asset Management Inc | 544,910 | $47.7M | 0.02% | +51,255+10.4% | Added |
| Rhumbline Advisers | 537,332 | $47.0M | 0.05% | +5,251+1.0% | Added |
| Adage Capital Partners GP, L.L.C. | 531,700 | $46.5M | 0.09% | +477,200+875.6% | Added |
| Los Angeles Capital Management LLC | 524,797 | $45.9M | 0.16% | +133,790+34.2% | Added |
| Schwartz Investment Counsel Inc | 519,150 | $45.4M | 1.66% | 00.0% | Unchanged |
| Raymond James & Associates | 489,527 | $42.9M | 0.03% | −1,634−0.3% | Reduced |
| Dundas Partners LLP | 474,677 | $41.6M | 3.27% | +29,754+6.7% | Added |
| CBOE Vest Financial, LLC | 470,414 | $41.2M | 1.09% | +85,349+22.2% | Added |
| Citadel Advisors LLC | 457,423 | $40.0M | 0.04% | −120,391−20.8% | Reduced |
| Cresset Asset Management, LLC | 454,534 | $39.8M | 0.19% | +123,487+37.3% | Added |
| Nomura Asset Management Co Ltd | 453,891 | $39.7M | 0.14% | +33,292+7.9% | Added |
| HSBC Holdings PLC | 444,565 | $38.9M | 0.03% | +59,152+15.3% | Added |
| Osterweis Capital Management Inc | 443,668 | $38.8M | 2.28% | +56,889+14.7% | Added |
| Snyder Capital Management L P | 436,920 | $38.2M | 0.82% | −29,075−6.2% | Reduced |
| Intech Investment Management LLC | 432,220 | $37.8M | 0.53% | +244,860+130.7% | Added |
| TimesSquare Capital Management, LLC | 425,292 | $37.2M | 0.54% | −114,225−21.2% | Reduced |
| Gillson Capital LP | 400,899 | $35.1M | 3.33% | +400,899 | New |
| Price T Rowe Associates Inc | 393,272 | $34.4M | 0.00% | −127,778−24.5% | Reduced |
| Brown Brothers Harriman & Co | 390,434 | $34.2M | 0.26% | +107,707+38.1% | Added |
| California State Teachers Retirement System | 389,352 | $34.1M | 0.04% | +4,653+1.2% | Added |
| Millennium Management LLC | 389,180 | $34.1M | 0.03% | −628,073−61.7% | Reduced |
| Man Group plc | 370,474 | $32.4M | 0.09% | −535,236−59.1% | Reduced |
| National Pension Service | 367,721 | $32.2M | 0.04% | +4,214+1.2% | Added |
| Credit Suisse AG | 365,554 | $32.0M | 0.03% | +5,387+1.5% | Added |
| Cookson Peirce & Co Inc | 356,879 | $31.2M | 1.67% | −1,243−0.3% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 352,255 | $30.8M | 0.04% | +43,591+14.1% | Added |
| Polar Capital Holdings Plc | 350,000 | $30.6M | 0.19% | +350,000 | New |
| Amundi | 374,909 | $30.4M | 0.01% | +970.0% | Added |
| Verition Fund Management LLC | 347,227 | $30.4M | 0.29% | −35,229−9.2% | Reduced |
| Stifel Financial Corp | 339,775 | $29.7M | 0.03% | −8,685−2.5% | Reduced |
| Motley Fool Wealth Management, LLC | 337,119 | $29.5M | 1.52% | −49,766−12.9% | Reduced |
| Citigroup Inc | 336,738 | $29.5M | 0.03% | −37,976−10.1% | Reduced |
| New York State Common Retirement Fund | 333,880 | $29.2M | 0.04% | −15,717−4.5% | Reduced |
| Natixis Advisors, L.P. | 327,604 | $28.7M | 0.07% | +167,548+104.7% | Added |
| Philo Smith Capital Corp | 325,450 | $28.5M | 7.99% | 00.0% | Unchanged |
| Ferguson Wellman Capital Management, Inc | 324,623 | $28.4M | 0.58% | +7,835+2.5% | Added |
| Ameriprise Financial Inc | 318,261 | $27.9M | 0.01% | +24,494+8.3% | Added |
| CI Private Wealth, LLC | 308,448 | $27.0M | 0.05% | +52,795+20.7% | Added |
| Teacher Retirement System of Texas | 307,092 | $26.9M | 0.17% | +26,692+9.5% | Added |
| FIL Ltd | 290,122 | $25.4M | 0.03% | −25,020−7.9% | Reduced |
| Qube Research & Technologies Ltd | 284,245 | $24.9M | 0.04% | −71,849−20.2% | Reduced |
| Prospector Partners LLC | 281,752 | $24.7M | 2.86% | −9,025−3.1% | Reduced |
| SEI Investments Co | 276,090 | $24.2M | 0.04% | +31,071+12.7% | Added |
| Alliancebernstein L.P. | 265,559 | $23.2M | 0.01% | −17,585−6.2% | Reduced |
| Russell Investments Group, Ltd. | 263,782 | $23.1M | 0.04% | −95,147−26.5% | Reduced |
| D. E. Shaw & Co., Inc. | 251,098 | $22.0M | 0.03% | +7,806+3.2% | Added |
| DekaBank Deutsche Girozentrale | 251,839 | $21.9M | 0.04% | +27,879+12.4% | Added |
| Summit Wealth Partners, LLC | 245,050 | $21.5M | 4.57% | −11,800−4.6% | Reduced |
| 1832 Asset Management L.P. | 242,338 | $21.2M | 0.04% | −79,871−24.8% | Reduced |