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 |
|---|---|---|---|---|---|
| Zurich Insurance Group Ltd | 426,147 | $43.5M | 0.35% | −220,427−34.1% | Reduced |
| EULAV Asset Management | 430,900 | $44.0M | 1.06% | +254,900+144.8% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 433,844 | $44.1M | 0.04% | +31,110+7.7% | Added |
| Nomura Asset Management Co Ltd | 441,693 | $45.1M | 0.14% | +10,076+2.3% | Added |
| Handelsbanken Fonder AB | 482,334 | $49.2M | 0.19% | +67,200+16.2% | Added |
| Intech Investment Management LLC | 484,779 | $49.5M | 0.48% | +71,484+17.3% | Added |
| Los Angeles Capital Management LLC | 489,016 | $49.9M | 0.20% | −57,987−10.6% | Reduced |
| Point72 Asset Management, L.P. | 493,658 | $50.4M | 0.14% | +47,003+10.5% | Added |
| Dundas Partners LLP | 503,111 | $51.3M | 3.60% | +23,906+5.0% | Added |
| Nuveen Asset Management, LLC | 505,886 | $51.6M | 0.01% | −13,099−2.5% | Reduced |
| Rhumbline Advisers | 513,080 | $52.3M | 0.05% | −9,711−1.9% | Reduced |
| Schwartz Investment Counsel Inc | 519,150 | $53.0M | 1.91% | 00.0% | Unchanged |
| Confluence Investment Management LLC | 524,387 | $53.5M | 0.74% | −16,703−3.1% | Reduced |
| FIL Ltd | 538,433 | $54.9M | 0.05% | −56,725−9.5% | Reduced |
| CBOE Vest Financial, LLC | 540,914 | $55.2M | 0.98% | +43,077+8.7% | Added |
| HSBC Holdings PLC | 552,320 | $56.3M | 0.03% | +30,944+5.9% | Added |
| Snyder Capital Management L P | 562,728 | $57.4M | 1.20% | +76,172+15.7% | Added |
| Brown Brothers Harriman & Co | 577,455 | $58.9M | 0.41% | +1,624+0.3% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 577,705 | $58.9M | 0.04% | +5,790+1.0% | Added |
| Ameriprise Financial Inc | 589,118 | $60.1M | 0.02% | +28,127+5.0% | Added |
| FMR LLC | 597,139 | $60.9M | 0.00% | −512,701−46.2% | Reduced |
| Boston Financial Mangement LLC | 614,980 | $62.7M | 1.90% | +1,647+0.3% | Added |
| Millennium Management LLC | 627,813 | $64.0M | 0.06% | +53,080+9.2% | Added |
| Robeco Institutional Asset Management B.V. | 672,286 | $68.6M | 0.13% | −17,270−2.5% | Reduced |
| Amundi | 678,532 | $69.6M | 0.02% | +353,797+108.9% | Added |
| Swiss National Bank | 685,000 | $69.9M | 0.05% | −34,000−4.7% | Reduced |
| Price T Rowe Associates Inc | 685,257 | $69.9M | 0.01% | +3,990+0.6% | Added |
| Balyasny Asset Management LLC | 687,095 | $70.1M | 0.16% | +679,756+9,262.2% | Added |
| Raymond James Financial Inc | 704,908 | $71.9M | 0.03% | +704,908 | New |
| JPMorgan Chase & Co | 716,957 | $73.1M | 0.01% | −265,585−27.0% | Reduced |
| Tandem Investment Advisors, Inc. | 746,032 | $76.1M | 2.88% | +68,577+10.1% | Added |
| Envestnet Asset Management Inc | 754,556 | $77.0M | 0.02% | −41,555−5.2% | Reduced |
| Macquarie Group Ltd | 808,922 | $81.6M | 0.10% | +764,275+1,711.8% | Added |
| Natixis Advisors, L.P. | 841,768 | $85.9M | 0.16% | +62,334+8.0% | Added |
| Clarkston Capital Partners, LLC | 947,980 | $96.7M | 1.85% | −28,535−2.9% | Reduced |
| Chilton Investment Co LLC | 1,032,325 | $105.3M | 2.71% | +271,403+35.7% | Added |
| Gobi Capital LLC | 1,076,837 | $109.9M | 6.45% | +88,842+9.0% | Added |
| California Public Employees Retirement System | 1,102,970 | $112.5M | 0.08% | −6,908−0.6% | Reduced |
| Legal & General Group Plc | 1,104,402 | $112.7M | 0.03% | −36,128−3.2% | Reduced |
| Congress Asset Management Co | 1,274,884 | $130.1M | 0.88% | −87,125−6.4% | Reduced |
| Charles Schwab Investment Management Inc | 1,356,535 | $138.4M | 0.03% | +40,881+3.1% | Added |
| Close Asset Management Ltd | 1,367,338 | $139.5M | 3.93% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 1,377,004 | $140.5M | 0.03% | −12,625−0.9% | Reduced |
| UBS Group AG | 1,397,109 | $142.5M | 0.03% | +662,485+90.2% | Added |
| CIBC Private Wealth Group, LLC | 1,391,002 | $142.6M | 0.26% | −21,676−1.5% | Reduced |
| Storebrand Asset Management AS | 1,422,801 | $145.2M | 0.44% | −2,398−0.2% | Reduced |
| Deutsche Bank AG | 1,431,562 | $146.0M | 0.06% | +265,179+22.7% | Added |
| Dimensional Fund Advisors LP | 1,564,185 | $159.6M | 0.04% | +26,770+1.7% | Added |
| UBS Asset Management Americas Inc | 1,566,264 | $159.8M | 0.04% | +240,188+18.1% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 1,611,286 | $164.4M | 0.38% | +46,912+3.0% | Added |
| Royal London Asset Management Ltd | 1,768,070 | $180.4M | 0.44% | +50,885+3.0% | Added |
| ProShare Advisors LLC | 1,846,149 | $188.3M | 0.43% | −25,937−1.4% | Reduced |
| First Eagle Investment Management, LLC | 1,914,285 | $195.3M | 0.44% | −1,190,563−38.3% | 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 |
| Bank of America Corp | 2,003,793 | $204.4M | 0.02% | −106,676−5.1% | Reduced |
| Barclays PLC | 2,257,207 | $230.3M | 0.11% | −209,375−8.5% | Reduced |
| Goldman Sachs Group Inc | 2,272,136 | $231.8M | 0.04% | −1,873,317−45.2% | Reduced |
| Fenimore Asset Management Inc | 2,298,508 | $234.5M | 4.93% | −26,368−1.1% | Reduced |
| Northern Trust Corp | 2,320,198 | $236.7M | 0.03% | +293,403+14.5% | Added |
| First Trust Advisors LP | 2,350,039 | $239.8M | 0.21% | +2,026,589+626.6% | Added |
| Manufacturers Life Insurance Company, The | 2,410,115 | $245.9M | 0.21% | −41,263−1.7% | Reduced |
| Royal Bank of Canada | 2,882,426 | $294.1M | 0.06% | +56,033+2.0% | Added |
| Norges Bank | 3,072,061 | $313.4M | 0.04% | −321,070−9.5% | Reduced |
| Wells Fargo & Company | 3,235,045 | $330.0M | 0.08% | −40,224−1.2% | Reduced |
| Invesco Ltd. | 3,803,616 | $388.0M | 0.07% | +388,411+11.4% | Added |
| Allspring Global Investments Holdings, LLC | 3,922,301 | $394.4M | 0.63% | +6,876+0.2% | Added |
| Capital World Investors | 4,195,681 | $428.0M | 0.06% | +566,116+15.6% | Added |
| Geode Capital Management, LLC | 6,099,649 | $620.7M | 0.05% | +118,569+2.0% | Added |
| Select Equity Group, L.P. | 7,978,907 | $814.0M | 3.32% | −1,594,373−16.7% | Reduced |
| Morgan Stanley | 8,577,216 | $875.0M | 0.06% | +118,388+1.4% | Added |
| State Street Corp | 11,149,319 | $1.14B | 0.04% | +282,699+2.6% | Added |
| Principal Financial Group Inc | 12,901,968 | $1.32B | 0.72% | +94,121+0.7% | Added |
| BlackRock, Inc. | 18,666,372 | $1.90B | 0.04% | +743,539+4.1% | Added |
| Vanguard Group Inc | 29,940,139 | $3.05B | 0.05% | +1,335,964+4.7% | Added |
| Lighthouse Investment Partners, LLC | 0 | $0 | 0.00% | −152,588−100.0% | Sold out |
| Point72 Hong Kong Ltd | 0 | $0 | 0.00% | −85,670−100.0% | Sold out |
| Jefferies Financial Group Inc. | 0 | $0 | 0.00% | −66,785−100.0% | Sold out |
| Magnetar Financial LLC | 0 | $0 | 0.00% | −60,679−100.0% | Sold out |
| Beacon Harbor Wealth Advisors, Inc. | 0 | $0 | 0.00% | −52,782−100.0% | Sold out |
| Teza Capital Management LLC | 0 | $0 | 0.00% | −34,332−100.0% | Sold out |
| Marvin & Palmer Associates Inc | 0 | $0 | 0.00% | −30,184−100.0% | Sold out |
| J. Safra Sarasin Holding AG | 0 | $0 | 0.00% | −28,231−100.0% | Sold out |
| FJ Capital Management LLC | 0 | $0 | 0.00% | −27,929−100.0% | Sold out |
| Weiss Asset Management LP | 0 | $0 | 0.00% | −27,787−100.0% | Sold out |
| Schonfeld Strategic Advisors LLC | 0 | $0 | 0.00% | −25,863−100.0% | Sold out |
| Qsemble Capital Management, LP | 0 | $0 | 0.00% | −22,389−100.0% | Sold out |
| Lecap Asset Management Ltd | 0 | $0 | 0.00% | −13,283−100.0% | Sold out |
| Nebula Research & Development LLC | 0 | $0 | 0.00% | −13,199−100.0% | Sold out |
| Point72 Asia (Singapore) Pte. Ltd. | 0 | $0 | 0.00% | −11,820−100.0% | Sold out |
| nVerses Capital, LLC | 0 | $0 | 0.00% | −11,500−100.0% | Sold out |
| SRN Advisors, LLC | 0 | $0 | 0.00% | −11,223−100.0% | Sold out |
| International Assets Investment Management, LLC | 0 | $0 | 0.00% | −113,442−100.0% | Sold out |
| Koshinski Asset Management, Inc. | 0 | $0 | 0.00% | −9,614−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −9,371−100.0% | Sold out |
| Carmignac Gestion | 0 | $0 | 0.00% | −9,305−100.0% | Sold out |
| Taika Capital, LP | 0 | $0 | 0.00% | −8,891−100.0% | Sold out |
| MQS Management LLC | 0 | $0 | 0.00% | −8,440−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −8,098−100.0% | Sold out |
| SkyView Investment Advisors, LLC | 0 | $0 | 0.00% | −8,045−100.0% | Sold out |