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 |
|---|---|---|---|---|---|
| Northwestern Mutual Wealth Management Co | 19,143 | $1.68M | 0.00% | −191−1.0% | Reduced |
| Teachers Retirement System of the State of Kentucky | 19,281 | $1.69M | 0.02% | −920−4.6% | Reduced |
| Ethic Inc. | 19,348 | $1.69M | 0.04% | +4,517+30.5% | Added |
| O'Shaughnessy Asset Management, LLC | 19,475 | $1.70M | 0.02% | +3,139+19.2% | Added |
| CX Institutional | 19,547 | $1.71M | 0.08% | +376+2.0% | Added |
| PGGM Investments | 19,868 | $1.74M | 0.03% | −726−3.5% | Reduced |
| Gulf International Bank (UK) Ltd | 19,941 | $1.75M | 0.04% | 00.0% | Unchanged |
| Voloridge Investment Management, LLC | 20,167 | $1.77M | 0.01% | −195,897−90.7% | Reduced |
| Nordea Investment Management AB | 20,102 | $1.77M | 0.00% | +770+4.0% | Added |
| Oregon Public Employees Retirement Fund | 20,239 | $1.77M | 0.04% | +1,800+9.8% | Added |
| Otter Creek Advisors, LLC | 20,547 | $1.80M | 1.26% | +20,547 | New |
| Cambridge Investment Research Advisors, Inc. | 20,602 | $1.80M | 0.01% | +2,430+13.4% | Added |
| Illinois Municipal Retirement Fund | 20,702 | $1.81M | 0.03% | 00.0% | Unchanged |
| Penobscot Investment Management Company, Inc. | 21,118 | $1.85M | 0.20% | +2,665+14.4% | Added |
| Sepio Capital, LP | 21,172 | $1.85M | 0.16% | −1,192−5.3% | Reduced |
| Panagora Asset Management Inc | 21,209 | $1.86M | 0.01% | −581−2.7% | Reduced |
| Toroso Investments, LLC | 21,259 | $1.86M | 0.03% | +1,828+9.4% | Added |
| Cacti Asset Management LLC | 21,000 | $1.88M | 0.15% | 00.0% | Unchanged |
| Keybank National Association | 21,600 | $1.89M | 0.01% | +1,719+8.6% | Added |
| TAP Consulting, LLC | 21,772 | $1.91M | 0.42% | +21,772 | New |
| Salem Investment Counselors Inc | 22,000 | $1.93M | 0.06% | 00.0% | Unchanged |
| Atom Investors LP | 22,042 | $1.93M | 0.24% | +6,585+42.6% | Added |
| Procyon Private Wealth Partners, LLC | 22,053 | $1.93M | 0.15% | +51+0.2% | Added |
| Elo Mutual Pension Insurance Co | 22,104 | $1.94M | 0.05% | +1,057+5.0% | Added |
| Crossmark Global Holdings, Inc. | 22,131 | $1.94M | 0.04% | +144+0.7% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 22,314 | $1.95M | 0.02% | +447+2.0% | Added |
| Prevail Innovative Wealth Advisors, LLC | 22,737 | $1.99M | 0.74% | +19,579+620.0% | Added |
| Sabal Trust CO | 23,227 | $2.03M | 0.12% | +2,345+11.2% | Added |
| Atria Investments LLC | 23,701 | $2.07M | 0.03% | +3,780+19.0% | Added |
| D.A. Davidson & Co. | 23,883 | $2.09M | 0.02% | −367−1.5% | Reduced |
| Harbor Advisors LLC | 24,000 | $2.10M | 0.39% | 00.0% | Unchanged |
| Fuller & Thaler Asset Management, Inc. | 24,026 | $2.10M | 0.01% | +2,902+13.7% | Added |
| BOK Financial Private Wealth, Inc. | 24,261 | $2.12M | 0.16% | −1,956−7.5% | Reduced |
| Vaughan Nelson Investment Management, L.P. | 24,430 | $2.14M | 0.02% | −12,850−34.5% | Reduced |
| RSM US Wealth Management LLC | 24,627 | $2.16M | 0.06% | −1,250−4.8% | Reduced |
| AQR Capital Management LLC | 25,130 | $2.20M | 0.00% | +12,496+98.9% | Added |
| Public Employees Retirement Association of Colorado | 25,422 | $2.23M | 0.01% | −1,494−5.6% | Reduced |
| Daiwa Securities Group Inc. | 25,547 | $2.24M | 0.01% | +3,044+13.5% | Added |
| State of Alaska, Department of Revenue | 25,633 | $2.24M | 0.03% | +125+0.5% | Added |
| Pathstone Holdings, LLC | 26,236 | $2.30M | 0.01% | +3,035+13.1% | Added |
| Rockefeller Capital Management L.P. | 26,453 | $2.32M | 0.01% | +26,453 | New |
| Agf Management Ltd | 27,003 | $2.36M | 0.01% | −17,940−39.9% | Reduced |
| Stephens Inc | 27,503 | $2.41M | 0.04% | +1,152+4.4% | Added |
| Insight Wealth Strategies, LLC | 27,571 | $2.41M | 0.35% | +97+0.4% | Added |
| Coldstream Capital Management Inc | 28,178 | $2.47M | 0.06% | −3,286−10.4% | Reduced |
| Kesler, Norman & Wride, LLC | 28,271 | $2.47M | 0.53% | −3,025−9.7% | Reduced |
| British Columbia Investment Management Corp | 28,882 | $2.53M | 0.02% | −97,856−77.2% | Reduced |
| Nissay Asset Management Corp | 29,324 | $2.57M | 0.02% | +2,151+7.9% | Added |
| Bessemer Group Inc | 29,989 | $2.63M | 0.00% | −2,519−7.7% | Reduced |
| Wealthcare Advisory Partners LLC | 30,087 | $2.63M | 0.09% | +30,087 | New |
| Mirae Asset Global Investments Co., Ltd. | 38,146 | $2.64M | 0.01% | +1,368+3.7% | Added |
| Crawford Investment Counsel Inc | 30,175 | $2.64M | 0.05% | −410−1.3% | Reduced |
| First Hawaiian Bank | 30,368 | $2.66M | 0.08% | −1,634−5.1% | Reduced |
| Janus Henderson Group PLC | 30,429 | $2.66M | 0.00% | −593−1.9% | Reduced |
| FJ Capital Management LLC | 30,473 | $2.67M | 0.27% | +14,927+96.0% | Added |
| Oppenheimer Asset Management Inc. | 30,482 | $2.67M | 0.04% | +4,008+15.1% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 31,026 | $2.72M | 0.01% | +17,075+122.4% | Added |
| Steward Partners Investment Advisory, LLC | 31,186 | $2.73M | 0.03% | +1,875+6.4% | Added |
| Covey Capital Advisors, LLC | 31,365 | $2.75M | 3.32% | −3,508−10.1% | Reduced |
| Terry L. Blaker | 31,412 | $2.75M | 0.21% | −1,326−4.1% | Reduced |
| Carmignac Gestion | 31,511 | $2.76M | 0.04% | −15,500−33.0% | Reduced |
| New York Life Investment Management LLC | 32,404 | $2.84M | 0.03% | −1,233−3.7% | Reduced |
| Klingman & Associates, LLC | 33,535 | $2.94M | 0.20% | 00.0% | Unchanged |
| CIBC Asset Management Inc | 33,707 | $2.95M | 0.01% | +1,029+3.1% | Added |
| First National Advisers, LLC | 39,775 | $3.01M | 0.67% | +7,932+24.9% | Added |
| Advisory Services Network, LLC | 35,128 | $3.08M | 0.07% | −2,271−6.1% | Reduced |
| Integrity Financial Corp | 35,772 | $3.13M | 2.15% | 00.0% | Unchanged |
| Silphium Asset Management Ltd | 35,841 | $3.14M | 1.62% | +41+0.1% | Added |
| Access Investment Management LLC | 36,118 | $3.16M | 1.04% | +150.0% | Added |
| Triad Investment Management | 36,453 | $3.19M | 3.87% | −1,859−4.9% | Reduced |
| US Bancorp | 37,073 | $3.25M | 0.00% | −3,368−8.3% | Reduced |
| Public Sector Pension Investment Board | 37,195 | $3.26M | 0.02% | +414+1.1% | Added |
| Mackenzie Financial Corp | 37,586 | $3.29M | 0.00% | +12,180+47.9% | Added |
| Tredje AP-fonden | 38,168 | $3.34M | 0.03% | 00.0% | Unchanged |
| Achmea Investment Management B.V. | 38,637 | $3.38M | 0.06% | +15,367+66.0% | Added |
| DnB Asset Management AS | 39,011 | $3.42M | 0.02% | +571+1.5% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 39,332 | $3.44M | 0.01% | −996−2.5% | Reduced |
| Jane Street Group, LLC | 39,631 | $3.47M | 0.00% | +32,666+469.0% | Added |
| KBC Group NV | 39,921 | $3.50M | 0.01% | −2,799−6.6% | Reduced |
| Ironwood Investment Counsel, LLC | 40,388 | $3.54M | 0.62% | −655−1.6% | Reduced |
| Legacy Financial Strategies, LLC | 40,610 | $3.56M | 0.92% | −58−0.1% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 40,674 | $3.56M | 0.04% | −231−0.6% | Reduced |
| Xponance, Inc. | 40,876 | $3.58M | 0.04% | +2,232+5.8% | Added |
| Utah Retirement Systems | 40,936 | $3.58M | 0.04% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 41,239 | $3.61M | 0.01% | −72,314−63.7% | Reduced |
| Czech National Bank | 41,562 | $3.64M | 0.05% | +191+0.5% | Added |
| Catalyst Capital Advisors LLC | 41,825 | $3.66M | 0.09% | −675−1.6% | Reduced |
| Wall Street Access Asset Management, LLC | 42,048 | $3.68M | 1.53% | 00.0% | Unchanged |
| Henshaw Capital LLC | 42,869 | $3.75M | 0.18% | 00.0% | Unchanged |
| Mutual of America Capital Management LLC | 43,238 | $3.79M | 0.04% | −631−1.4% | Reduced |
| Forsta Ap-Fonden | 44,400 | $3.89M | 0.03% | +4,900+12.4% | Added |
| Quantinno Capital Management LP | 44,437 | $3.89M | 0.08% | +2,185+5.2% | Added |
| Captrust Financial Advisors | 44,658 | $3.91M | 0.01% | −31,738−41.5% | Reduced |
| Raymond James Financial Services Advisors, Inc. | 45,861 | $4.01M | 0.01% | +9,653+26.7% | Added |
| Coronation Fund Managers Ltd. | 46,054 | $4.03M | 0.11% | +1,526+3.4% | Added |
| Independent Advisor Alliance | 46,364 | $4.06M | 0.15% | −132−0.3% | Reduced |
| Handelsbanken Fonder AB | 47,634 | $4.17M | 0.02% | 00.0% | Unchanged |
| Pacer Advisors, Inc. | 48,536 | $4.25M | 0.01% | +32,775+208.0% | Added |
| Texas Permanent School Fund | 48,828 | $4.27M | 0.03% | +57+0.1% | Added |
| Amalgamated Bank | 49,827 | $4.36M | 0.04% | −15,184−23.4% | Reduced |