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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, Q3 2024

Institutional positions in Brown & Brown, Inc. as of Sep 30, 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
823
+69 vs. Q2 2024
Shares held
209.5M
+17.1M (+8.9%) vs. Q2 2024
Total value
$21.7B
+$4.48B (+26.1%) vs. Q2 2024
New holders
119
310 more added
Sold out
50
266 more reduced

6 institutions that held it in Q2 2024 haven't filed for Q3 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2024: 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.

Institutional holdersQ3 2024: 823 institutions
Q1 2021: 458 institutionsQ2 2021: 470 institutionsQ3 2021: 518 institutionsQ4 2021: 553 institutionsQ1 2022: 581 institutionsQ2 2022: 576 institutionsQ3 2022: 568 institutionsQ4 2022: 573 institutionsQ1 2023: 570 institutionsQ2 2023: 607 institutionsQ3 2023: 631 institutionsQ4 2023: 686 institutionsQ1 2024: 718 institutionsQ2 2024: 760 institutionsQ3 2024: 823 institutionsQ4 2024: 875 institutionsQ1 2025: 911 institutionsQ2 2025: 931 institutionsQ3 2025: 897 institutionsQ4 2025: 890 institutionsQ1 2026: 816 institutionsQ2 2026: 809 institutions
Value heldQ3 2024: $21.7B
Q1 2021: $9.10BQ2 2021: $10.7BQ3 2021: $11.3BQ4 2021: $14.4BQ1 2022: $14.8BQ2 2022: $11.8BQ3 2022: $12.1BQ4 2022: $11.4BQ1 2023: $11.6BQ2 2023: $13.9BQ3 2023: $14.1BQ4 2023: $14.6BQ1 2024: $18.0BQ2 2024: $18.7BQ3 2024: $21.7BQ4 2024: $21.9BQ1 2025: $27.3BQ2 2025: $29.5BQ3 2025: $24.6BQ4 2025: $21.7BQ1 2026: $18.2BQ2 2026: $18.1B
Institutions holding BRO and their total value by quarter
QuarterHoldersValue
Q2 2026809$18.1B
Q1 2026816$18.2B
Q4 2025890$21.7B
Q3 2025897$24.6B
Q2 2025931$29.5B
Q1 2025911$27.3B
Q4 2024875$21.9B
Q3 2024823$21.7B
Q2 2024760$18.7B
Q1 2024718$18.0B
Q4 2023686$14.6B
Q3 2023631$14.1B
Q2 2023607$13.9B
Q1 2023570$11.6B
Q4 2022573$11.4B
Q3 2022568$12.1B
Q2 2022576$11.8B
Q1 2022581$14.8B
Q4 2021553$14.4B
Q3 2021518$11.3B
Q2 2021470$10.7B
Q1 2021458$9.10B

Institutions, Q3 2024

Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q2 2024.

Institutions holding BRO in Q3 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc28,604,175$2.96B0.05%−91,378−0.3%Reduced
BlackRock, Inc.17,922,833$1.86B0.04%+17,922,833New
Principal Financial Group Inc12,807,847$1.33B0.72%+2,8680.0%Added
State Street Corp10,866,620$1.13B0.05%+3,8420.0%Added
Select Equity Group, L.P.9,573,280$991.8M3.62%−3,560,516−27.1%Reduced
Morgan Stanley8,458,828$876.3M0.06%−424,624−4.8%Reduced
Geode Capital Management, LLC5,981,080$617.6M0.05%−7,553−0.1%Reduced
Goldman Sachs Group Inc4,145,453$429.5M0.08%+127,046+3.2%Added
Allspring Global Investments Holdings, LLC3,915,425$405.6M0.63%+28,180+0.7%Added
Capital World Investors3,629,565$376.0M0.06%+2,203,685+154.5%Added
Invesco Ltd.3,415,205$353.8M0.07%+833,339+32.3%Added
Norges Bank3,393,131$351.5M0.05%+47,709+1.4%Added
Wells Fargo & Company3,275,269$339.3M0.08%−42,088−1.3%Reduced
First Eagle Investment Management, LLC3,104,848$321.7M0.66%+2,398+0.1%Added
Royal Bank of Canada2,826,393$292.8M0.07%+368,220+15.0%Added
Barclays PLC2,466,582$255.5M0.11%+371,980+17.8%Added
Manufacturers Life Insurance Company, The2,451,378$254.0M0.22%−1,037,927−29.7%Reduced
Fenimore Asset Management Inc2,324,876$240.9M4.85%−88,159−3.7%Reduced
Bank of America Corp2,110,469$218.6M0.02%+40,128+1.9%Added
Northern Trust Corp2,026,795$210.0M0.03%−146,913−6.8%Reduced
ProShare Advisors LLC1,872,086$193.9M0.48%−322,553−14.7%Reduced
Madison Asset Management, LLC1,734,746$179.7M2.02%+67,240+4.0%Added
Royal London Asset Management Ltd1,717,185$177.9M0.44%−351,148−17.0%Reduced
Kayne Anderson Rudnick Investment Management LLC1,564,374$162.1M0.36%+56,251+3.7%Added
Dimensional Fund Advisors LP1,537,415$159.3M0.04%−15,981−1.0%Reduced
Storebrand Asset Management AS1,425,199$147.7M0.47%−789,025−35.6%Reduced
CIBC Private Wealth Group, LLC1,412,678$146.4M0.26%−3,085−0.2%Reduced
Bank of New York Mellon Corp1,389,629$144.0M0.03%−25,234−1.8%Reduced
Close Asset Management Ltd1,367,338$141.6M4.35%+33,235+2.5%Added
Congress Asset Management Co1,362,009$141.1M0.96%−15,176−1.1%Reduced
UBS Asset Management Americas Inc1,326,076$137.4M0.04%−416,203−23.9%Reduced
Charles Schwab Investment Management Inc1,315,654$136.3M0.03%+17,934+1.4%Added
Deutsche Bank AG1,166,383$120.8M0.05%+40,232+3.6%Added
Legal & General Group Plc1,140,530$118.2M0.03%−36,656−3.1%Reduced
California Public Employees Retirement System1,109,878$115.0M0.08%−45,593−3.9%Reduced
FMR LLC1,109,840$115.0M0.01%+330,661+42.4%Added
Gobi Capital LLC987,995$102.4M5.87%+987,995New
JPMorgan Chase & Co982,542$101.8M0.01%−206,979−17.4%Reduced
Clarkston Capital Partners, LLC976,515$101.2M1.86%−611,770−38.5%Reduced
Liontrust Investment Partners LLP974,867$87.2M1.24%00.0%Unchanged
Envestnet Asset Management Inc796,111$82.5M0.03%+57,170+7.7%Added
Natixis Advisors, L.P.779,434$80.7M0.16%+45,766+6.2%Added
Chilton Investment Co LLC760,922$78.8M2.06%+31,533+4.3%Added
UBS Group AG734,624$76.1M0.02%+87,500+13.5%Added
Swiss National Bank719,000$74.5M0.05%−2000.0%Reduced
Robeco Institutional Asset Management B.V.689,556$71.4M0.14%+33,440+5.1%Added
Price T Rowe Associates Inc681,267$70.6M0.01%+61,678+10.0%Added
Tandem Investment Advisors, Inc.677,455$70.2M2.66%−13,861−2.0%Reduced
Zurich Insurance Group Ltd646,574$67.0M0.57%+465,988+258.0%Added
Boston Financial Mangement LLC613,333$63.5M1.89%−13,370−2.1%Reduced
APG Asset Management N.V.666,419$61.9M0.41%−2,244,123−77.1%Reduced
FIL Ltd595,158$61.7M0.06%−177,230−22.9%Reduced
Brown Brothers Harriman & Co575,831$59.7M0.41%+110,920+23.9%Added
Millennium Management LLC574,733$59.5M0.05%+469,772+447.6%Added
Sumitomo Mitsui Trust Holdings, Inc.571,915$59.3M0.04%−8,209−1.4%Reduced
Acadian Asset Management LLC570,187$59.1M0.18%+384,698+207.4%Added
Ameriprise Financial Inc560,991$58.3M0.01%+55,876+11.1%Added
Assenagon Asset Management S.A.552,261$57.2M0.12%+63,778+13.1%Added
Los Angeles Capital Management LLC547,003$56.7M0.23%+308,458+129.3%Added
Confluence Investment Management LLC541,090$56.1M0.75%−11,615−2.1%Reduced
Rhumbline Advisers522,791$54.2M0.05%−14,283−2.7%Reduced
Schwartz Investment Counsel Inc519,150$53.8M1.91%00.0%Unchanged
Nuveen Asset Management, LLC518,985$53.8M0.02%−17,618−3.3%Reduced
HSBC Holdings PLC521,376$53.7M0.03%+58,528+12.6%Added
CBOE Vest Financial, LLC497,837$51.6M0.99%−33,598−6.3%Reduced
Snyder Capital Management L P486,556$50.4M1.05%+57,556+13.4%Added
Dundas Partners LLP479,205$49.6M3.57%00.0%Unchanged
Raymond James & Associates468,146$48.5M0.03%+8,484+1.8%Added
Point72 Asset Management, L.P.446,655$46.3M0.16%−93,879−17.4%Reduced
Nomura Asset Management Co Ltd431,617$44.7M0.14%−44,471−9.3%Reduced
Handelsbanken Fonder AB415,134$43.0M0.17%+367,500+771.5%Added
TimesSquare Capital Management, LLC414,027$42.9M0.64%−5,165−1.2%Reduced
Intech Investment Management LLC413,295$42.8M0.48%−22,097−5.1%Reduced
Polar Capital Holdings Plc412,500$42.7M0.25%+12,500+3.1%Added
Cookson Peirce & Co Inc412,374$42.7M2.00%−1,660−0.4%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.402,734$41.7M0.04%+25,746+6.8%Added
CI Private Wealth, LLC385,885$40.0M0.06%−22,307−5.5%Reduced
Cresset Asset Management, LLC382,887$39.7M0.15%−80,361−17.3%Reduced
BNP Paribas Arbitrage, SA375,594$38.9M0.04%+1,438+0.4%Added
Osterweis Capital Management Inc374,965$38.8M1.97%−6,086−1.6%Reduced
Bank of Montreal377,450$38.7M0.02%+10,679+2.9%Added
Stifel Financial Corp367,340$38.1M0.04%+1,712+0.5%Added
National Pension Service366,519$38.0M0.04%+8,776+2.5%Added
California State Teachers Retirement System359,052$37.2M0.04%−6,620−1.8%Reduced
SEI Investments Co330,008$34.2M0.04%+45,514+16.0%Added
Amundi324,735$34.2M0.01%+71,494+28.2%Added
Philo Smith Capital Corp325,450$33.7M8.52%00.0%Unchanged
First Trust Advisors LP323,450$33.5M0.03%−13,576−4.0%Reduced
Janney Montgomery Scott LLC319,278$33.1M0.09%−5,806−1.8%Reduced
Vancity Investment Management Ltd312,921$32.4M3.88%−176,539−36.1%Reduced
Allianz Asset Management GmbH311,134$32.2M0.05%−225,292−42.0%Reduced
New York State Common Retirement Fund309,422$32.1M0.04%−26,893−8.0%Reduced
Ferguson Wellman Capital Management, Inc307,392$31.8M0.62%+1,189+0.4%Added
Renaissance Technologies LLC303,400$31.4M0.05%+110,574+57.3%Added
Motley Fool Wealth Management, LLC291,156$30.2M1.51%−53,328−15.5%Reduced
Prospector Partners LLC284,474$29.5M3.14%+917+0.3%Added
Citigroup Inc275,479$28.5M0.03%+4,322+1.6%Added
Truist Financial Corp273,613$28.3M0.04%−199,340−42.1%Reduced
State Board of Administration of Florida Retirement System260,537$27.0M0.05%00.0%Unchanged
Toroso Investments, LLC259,205$26.9M0.30%+224,772+652.8%Added