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 2024
Institutional positions in Brown & Brown, Inc. as of Dec 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
- 875
- +63 vs. Q3 2024
- Shares held
- 214.5M
- +6.10M (+2.9%) vs. Q3 2024
- Total value
- $21.9B
- +$322.7M (+1.5%) vs. Q3 2024
- New holders
- 126
- 338 more added
- Sold out
- 63
- 273 more reduced
11 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| 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 2024
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q3 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 29,940,139 | $3.05B | 0.05% | +1,335,964+4.7% | Added |
| BlackRock, Inc. | 18,666,372 | $1.90B | 0.04% | +743,539+4.1% | Added |
| Principal Financial Group Inc | 12,901,968 | $1.32B | 0.72% | +94,121+0.7% | Added |
| State Street Corp | 11,149,319 | $1.14B | 0.04% | +282,699+2.6% | Added |
| Morgan Stanley | 8,577,216 | $875.0M | 0.06% | +118,388+1.4% | Added |
| Select Equity Group, L.P. | 7,978,907 | $814.0M | 3.32% | −1,594,373−16.7% | Reduced |
| Geode Capital Management, LLC | 6,099,649 | $620.7M | 0.05% | +118,569+2.0% | Added |
| Capital World Investors | 4,195,681 | $428.0M | 0.06% | +566,116+15.6% | Added |
| Allspring Global Investments Holdings, LLC | 3,922,301 | $394.4M | 0.63% | +6,876+0.2% | Added |
| Invesco Ltd. | 3,803,616 | $388.0M | 0.07% | +388,411+11.4% | Added |
| Wells Fargo & Company | 3,235,045 | $330.0M | 0.08% | −40,224−1.2% | Reduced |
| Norges Bank | 3,072,061 | $313.4M | 0.04% | −321,070−9.5% | Reduced |
| Royal Bank of Canada | 2,882,426 | $294.1M | 0.06% | +56,033+2.0% | Added |
| Manufacturers Life Insurance Company, The | 2,410,115 | $245.9M | 0.21% | −41,263−1.7% | Reduced |
| First Trust Advisors LP | 2,350,039 | $239.8M | 0.21% | +2,026,589+626.6% | Added |
| Northern Trust Corp | 2,320,198 | $236.7M | 0.03% | +293,403+14.5% | Added |
| Fenimore Asset Management Inc | 2,298,508 | $234.5M | 4.93% | −26,368−1.1% | Reduced |
| Goldman Sachs Group Inc | 2,272,136 | $231.8M | 0.04% | −1,873,317−45.2% | Reduced |
| Barclays PLC | 2,257,207 | $230.3M | 0.11% | −209,375−8.5% | Reduced |
| Bank of America Corp | 2,003,793 | $204.4M | 0.02% | −106,676−5.1% | Reduced |
| Madison Asset Management, LLC | 1,941,098 | $198.0M | 2.23% | +206,352+11.9% | Added |
| Madison Investment Advisors, LLC | 1,941,098 | $198.0M | 2.23% | +1,941,098 | New |
| First Eagle Investment Management, LLC | 1,914,285 | $195.3M | 0.44% | −1,190,563−38.3% | Reduced |
| ProShare Advisors LLC | 1,846,149 | $188.3M | 0.43% | −25,937−1.4% | Reduced |
| Royal London Asset Management Ltd | 1,768,070 | $180.4M | 0.44% | +50,885+3.0% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 1,611,286 | $164.4M | 0.38% | +46,912+3.0% | Added |
| UBS Asset Management Americas Inc | 1,566,264 | $159.8M | 0.04% | +240,188+18.1% | Added |
| Dimensional Fund Advisors LP | 1,564,185 | $159.6M | 0.04% | +26,770+1.7% | Added |
| Deutsche Bank AG | 1,431,562 | $146.0M | 0.06% | +265,179+22.7% | Added |
| Storebrand Asset Management AS | 1,422,801 | $145.2M | 0.44% | −2,398−0.2% | Reduced |
| CIBC Private Wealth Group, LLC | 1,391,002 | $142.6M | 0.26% | −21,676−1.5% | Reduced |
| UBS Group AG | 1,397,109 | $142.5M | 0.03% | +662,485+90.2% | Added |
| Bank of New York Mellon Corp | 1,377,004 | $140.5M | 0.03% | −12,625−0.9% | Reduced |
| Close Asset Management Ltd | 1,367,338 | $139.5M | 3.93% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 1,356,535 | $138.4M | 0.03% | +40,881+3.1% | Added |
| Congress Asset Management Co | 1,274,884 | $130.1M | 0.88% | −87,125−6.4% | Reduced |
| Legal & General Group Plc | 1,104,402 | $112.7M | 0.03% | −36,128−3.2% | Reduced |
| California Public Employees Retirement System | 1,102,970 | $112.5M | 0.08% | −6,908−0.6% | Reduced |
| Gobi Capital LLC | 1,076,837 | $109.9M | 6.45% | +88,842+9.0% | Added |
| Chilton Investment Co LLC | 1,032,325 | $105.3M | 2.71% | +271,403+35.7% | Added |
| Clarkston Capital Partners, LLC | 947,980 | $96.7M | 1.85% | −28,535−2.9% | Reduced |
| Natixis Advisors, L.P. | 841,768 | $85.9M | 0.16% | +62,334+8.0% | Added |
| Macquarie Group Ltd | 808,922 | $81.6M | 0.10% | +764,275+1,711.8% | Added |
| Envestnet Asset Management Inc | 754,556 | $77.0M | 0.02% | −41,555−5.2% | Reduced |
| Tandem Investment Advisors, Inc. | 746,032 | $76.1M | 2.88% | +68,577+10.1% | Added |
| JPMorgan Chase & Co | 716,957 | $73.1M | 0.01% | −265,585−27.0% | Reduced |
| Raymond James Financial Inc | 704,908 | $71.9M | 0.03% | +704,908 | New |
| Balyasny Asset Management LLC | 687,095 | $70.1M | 0.16% | +679,756+9,262.2% | Added |
| Price T Rowe Associates Inc | 685,257 | $69.9M | 0.01% | +3,990+0.6% | Added |
| Swiss National Bank | 685,000 | $69.9M | 0.05% | −34,000−4.7% | Reduced |
| Amundi | 678,532 | $69.6M | 0.02% | +353,797+108.9% | Added |
| Robeco Institutional Asset Management B.V. | 672,286 | $68.6M | 0.13% | −17,270−2.5% | Reduced |
| Millennium Management LLC | 627,813 | $64.0M | 0.06% | +53,080+9.2% | Added |
| Boston Financial Mangement LLC | 614,980 | $62.7M | 1.90% | +1,647+0.3% | Added |
| FMR LLC | 597,139 | $60.9M | 0.00% | −512,701−46.2% | Reduced |
| Ameriprise Financial Inc | 589,118 | $60.1M | 0.02% | +28,127+5.0% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 577,705 | $58.9M | 0.04% | +5,790+1.0% | Added |
| Brown Brothers Harriman & Co | 577,455 | $58.9M | 0.41% | +1,624+0.3% | Added |
| Snyder Capital Management L P | 562,728 | $57.4M | 1.20% | +76,172+15.7% | Added |
| HSBC Holdings PLC | 552,320 | $56.3M | 0.03% | +30,944+5.9% | Added |
| CBOE Vest Financial, LLC | 540,914 | $55.2M | 0.98% | +43,077+8.7% | Added |
| FIL Ltd | 538,433 | $54.9M | 0.05% | −56,725−9.5% | Reduced |
| Confluence Investment Management LLC | 524,387 | $53.5M | 0.74% | −16,703−3.1% | Reduced |
| Schwartz Investment Counsel Inc | 519,150 | $53.0M | 1.91% | 00.0% | Unchanged |
| Rhumbline Advisers | 513,080 | $52.3M | 0.05% | −9,711−1.9% | Reduced |
| Nuveen Asset Management, LLC | 505,886 | $51.6M | 0.01% | −13,099−2.5% | Reduced |
| Dundas Partners LLP | 503,111 | $51.3M | 3.60% | +23,906+5.0% | Added |
| Point72 Asset Management, L.P. | 493,658 | $50.4M | 0.14% | +47,003+10.5% | Added |
| Los Angeles Capital Management LLC | 489,016 | $49.9M | 0.20% | −57,987−10.6% | Reduced |
| Intech Investment Management LLC | 484,779 | $49.5M | 0.48% | +71,484+17.3% | Added |
| Handelsbanken Fonder AB | 482,334 | $49.2M | 0.19% | +67,200+16.2% | Added |
| Nomura Asset Management Co Ltd | 441,693 | $45.1M | 0.14% | +10,076+2.3% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 433,844 | $44.1M | 0.04% | +31,110+7.7% | Added |
| EULAV Asset Management | 430,900 | $44.0M | 1.06% | +254,900+144.8% | Added |
| Zurich Insurance Group Ltd | 426,147 | $43.5M | 0.35% | −220,427−34.1% | Reduced |
| Allianz Asset Management GmbH | 423,017 | $43.2M | 0.06% | +111,883+36.0% | Added |
| Polar Capital Holdings Plc | 412,500 | $42.1M | 0.24% | 00.0% | Unchanged |
| CI Private Wealth, LLC | 411,950 | $42.0M | 0.07% | +26,065+6.8% | Added |
| Cookson Peirce & Co Inc | 407,411 | $41.6M | 1.88% | −4,963−1.2% | Reduced |
| BNP Paribas Arbitrage, SA | 403,647 | $41.2M | 0.03% | +28,053+7.5% | Added |
| TimesSquare Capital Management, LLC | 391,872 | $40.0M | 0.58% | −22,155−5.4% | Reduced |
| Bank of Montreal | 379,140 | $38.7M | 0.02% | +1,690+0.4% | Added |
| SEI Investments Co | 374,927 | $38.3M | 0.05% | +44,919+13.6% | Added |
| Stifel Financial Corp | 373,017 | $38.1M | 0.04% | +5,677+1.5% | Added |
| APG Asset Management N.V. | 382,072 | $37.6M | 0.10% | −284,347−42.7% | Reduced |
| California State Teachers Retirement System | 347,279 | $35.4M | 0.04% | −11,773−3.3% | Reduced |
| National Pension Service | 340,192 | $34.7M | 0.03% | −26,327−7.2% | Reduced |
| Cresset Asset Management, LLC | 329,417 | $33.6M | 0.16% | −53,470−14.0% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 324,242 | $33.1M | 0.08% | +141,700+77.6% | Added |
| Pictet Asset Management Holding SA | 323,882 | $33.0M | 0.04% | +97,054+42.8% | Added |
| Osterweis Capital Management Inc | 308,876 | $31.5M | 1.47% | −66,089−17.6% | Reduced |
| Worldquant Millennium Advisors LLC | 308,395 | $31.5M | 0.20% | +179,934+140.1% | Added |
| Victory Capital Management Inc | 304,405 | $31.1M | 0.03% | +50,510+19.9% | Added |
| Ferguson Wellman Capital Management, Inc | 304,391 | $31.1M | 0.59% | −3,001−1.0% | Reduced |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 294,809 | $30.1M | 1.10% | +294,809 | New |
| Janney Montgomery Scott LLC | 293,610 | $30.0M | 0.08% | −25,668−8.0% | Reduced |
| Philo Smith Capital Corp | 292,450 | $29.8M | 8.45% | −33,000−10.1% | Reduced |
| New York State Common Retirement Fund | 289,522 | $29.5M | 0.04% | −19,900−6.4% | Reduced |
| Teacher Retirement System of Texas | 289,342 | $29.5M | 0.11% | +188,070+185.7% | Added |
| Prospector Partners LLC | 285,170 | $29.1M | 3.30% | +696+0.2% | Added |