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 |
|---|---|---|---|---|---|
| Local Pensions Partnership Investment Ltd | 284,000 | $29.0M | 0.54% | +284,000 | New |
| Truist Financial Corp | 279,134 | $28.5M | 0.04% | +5,521+2.0% | Added |
| Assenagon Asset Management S.A. | 278,454 | $28.4M | 0.05% | −273,807−49.6% | Reduced |
| Motley Fool Wealth Management, LLC | 277,605 | $28.4M | 1.46% | −13,551−4.7% | Reduced |
| Rathbone Brothers plc | 275,457 | $28.1M | 0.14% | +275,457 | New |
| State Board of Administration of Florida Retirement System | 260,537 | $26.6M | 0.05% | 00.0% | Unchanged |
| DekaBank Deutsche Girozentrale | 260,347 | $26.5M | 0.05% | 00.0% | Unchanged |
| Candriam Luxembourg S.C.A. | 255,626 | $26.1M | 0.15% | +50,415+24.6% | Added |
| Alliancebernstein L.P. | 247,110 | $25.2M | 0.01% | −1,479−0.6% | Reduced |
| Credit Agricole S A | 244,725 | $25.0M | 0.08% | +23,972+10.9% | Added |
| Toroso Investments, LLC | 244,214 | $24.9M | 0.20% | −14,991−5.8% | Reduced |
| TD Asset Management Inc | 243,668 | $24.9M | 0.02% | +2,302+1.0% | Added |
| Port Capital LLC | 240,332 | $24.5M | 1.12% | +2,423+1.0% | Added |
| State of Wisconsin Investment Board | 228,444 | $23.3M | 0.06% | +10,206+4.7% | Added |
| Summit Wealth Partners, LLC | 221,700 | $22.6M | 4.64% | −15,000−6.3% | Reduced |
| LPL Financial LLC | 217,848 | $22.2M | 0.01% | +50,837+30.4% | Added |
| New York State Teachers Retirement System | 211,908 | $21.6M | 0.05% | −14,892−6.6% | Reduced |
| Danske Bank A/S | 210,291 | $21.5M | 0.06% | −37,419−15.1% | Reduced |
| Citigroup Inc | 203,466 | $20.8M | 0.02% | −72,013−26.1% | Reduced |
| Gotham Asset Management, LLC | 202,933 | $20.7M | 0.20% | +12,072+6.3% | Added |
| D. E. Shaw & Co., Inc. | 195,166 | $19.9M | 0.02% | −41,870−17.7% | Reduced |
| National Bank of Canada | 189,798 | $19.4M | 0.03% | +68,745+56.8% | Added |
| Public Employees Retirement Association of Colorado | 187,291 | $19.1M | 0.08% | 00.0% | Unchanged |
| Whittier Trust Co | 186,838 | $19.1M | 0.25% | +6,054+3.3% | Added |
| Great West Life Assurance Co | 181,287 | $18.5M | 0.03% | +8,317+4.8% | Added |
| Sterling Capital Management LLC | 179,634 | $18.3M | 0.25% | −17,612−8.9% | Reduced |
| 1832 Asset Management L.P. | 179,628 | $18.3M | 0.03% | −16,067−8.2% | Reduced |
| Baird Financial Group, Inc. | 178,259 | $18.2M | 0.03% | −8,160−4.4% | Reduced |
| Russell Investments Group, Ltd. | 176,784 | $18.0M | 0.02% | −31,339−15.1% | Reduced |
| Freestone Grove Partners LP | 171,895 | $17.5M | 0.21% | +171,895 | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 169,825 | $17.3M | 0.03% | +169,825 | New |
| Sanctuary Advisors, LLC | 163,559 | $17.2M | 0.11% | +1,990+1.2% | Added |
| Commonwealth Equity Services, LLC | 168,838 | $17.2M | 0.03% | +54,246+47.3% | Added |
| Visualize Group LP | 167,200 | $17.1M | 10.80% | +167,200 | New |
| Voya Investment Management LLC | 167,198 | $17.1M | 0.02% | +7,094+4.4% | Added |
| Charter Trust Co | 161,539 | $16.5M | 1.08% | +1,084+0.7% | Added |
| Voloridge Investment Management, LLC | 151,093 | $15.4M | 0.05% | −104,431−40.9% | Reduced |
| Omers Administration Corp | 146,411 | $14.9M | 0.13% | +1,731+1.2% | Added |
| Wilson Asset Management (International) Pty Ltd | 143,443 | $14.6M | 3.79% | 00.0% | Unchanged |
| Congress Wealth Management LLC | 141,783 | $14.5M | 0.20% | −2,225−1.5% | Reduced |
| Wellington Management Group LLP | 140,296 | $14.3M | 0.00% | −6,801−4.6% | Reduced |
| Thrivent Financial for Lutherans | 139,509 | $14.3M | 0.03% | −96,108−40.8% | Reduced |
| Running Oak Capital LLC | 139,759 | $14.3M | 1.86% | +8,688+6.6% | Added |
| Kennedy Capital Management, Inc. | 138,318 | $14.1M | 0.31% | −14,530−9.5% | Reduced |
| Two Sigma Investments, LP | 137,664 | $14.0M | 0.03% | +116,959+564.9% | Added |
| Renaissance Technologies LLC | 137,000 | $14.0M | 0.02% | −166,400−54.8% | Reduced |
| New Age Alpha Advisors, LLC | 129,297 | $13.2M | 0.53% | +129,139+81,733.5% | Added |
| Diamond Hill Capital Management Inc | 127,846 | $13.0M | 0.06% | −11,755−8.4% | Reduced |
| Mattern Capital Management, LLC | 126,738 | $12.9M | 1.68% | −2,668−2.1% | Reduced |
| Segall Bryant & Hamill, LLC | 125,350 | $12.8M | 0.18% | −744−0.6% | Reduced |
| Prudential Financial Inc | 124,841 | $12.7M | 0.02% | −24,487−16.4% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 124,549 | $12.7M | 0.04% | −2,395−1.9% | Reduced |
| Yousif Capital Management, LLC | 124,258 | $12.7M | 0.14% | −426−0.3% | Reduced |
| Man Group plc | 122,941 | $12.5M | 0.04% | −34,641−22.0% | Reduced |
| Cooper Investors Pty Ltd | 122,165 | $12.5M | 1.96% | −24,516−16.7% | Reduced |
| Ensign Peak Advisors, Inc | 122,113 | $12.5M | 0.02% | −20,241−14.2% | Reduced |
| Lountzis Asset Management, LLC | 120,902 | $12.3M | 5.22% | −3,035−2.4% | Reduced |
| Franklin Resources Inc | 118,797 | $12.1M | 0.00% | +9,631+8.8% | Added |
| Guggenheim Capital LLC | 118,091 | $12.0M | 0.10% | +28,721+32.1% | Added |
| Umb Bank N A | 117,809 | $12.0M | 0.19% | +122+0.1% | Added |
| Acadian Asset Management LLC | 115,163 | $11.7M | 0.03% | −455,024−79.8% | Reduced |
| Vaughan David Investments LLC | 113,372 | $11.6M | 0.27% | 00.0% | Unchanged |
| Speece Thorson Capital Group Inc | 113,304 | $11.6M | 2.28% | −577−0.5% | Reduced |
| State of Tennessee, Treasury Department | 112,493 | $11.5M | 0.04% | +26,520+30.8% | Added |
| Quantum Capital Management, LLC | 111,262 | $11.4M | 1.22% | +175+0.2% | Added |
| Toronto Dominion Bank | 110,297 | $11.3M | 0.02% | −7,497−6.4% | Reduced |
| Hantz Financial Services, Inc. | 107,380 | $11.0M | 0.19% | +154+0.1% | Added |
| Treasurer of the State of North Carolina | 105,681 | $10.8M | 0.04% | +1,310+1.3% | Added |
| Twinbeech Capital LP | 104,667 | $10.7M | 0.18% | +44,437+73.8% | Added |
| Korea Investment CORP | 103,016 | $10.5M | 0.02% | −21,161−17.0% | Reduced |
| Resona Asset Management Co.,Ltd. | 101,762 | $10.4M | 0.06% | −903−0.9% | Reduced |
| Adage Capital Partners GP, L.L.C. | 101,800 | $10.4M | 0.02% | +101,800 | New |
| Shell Asset Management Co | 101,314 | $10.3M | 0.45% | −683−0.7% | Reduced |
| Heron Bay Capital Management | 98,584 | $10.1M | 2.10% | −275−0.3% | Reduced |
| WealthPlan Investment Management, LLC | 98,527 | $10.1M | 0.99% | −10,797−9.9% | Reduced |
| Spring Capital Management, LLC | 96,742 | $9.87M | 5.89% | +6,672+7.4% | Added |
| Federated Hermes, Inc. | 96,426 | $9.84M | 0.02% | +1,875+2.0% | Added |
| Mn Services Vermogensbeheer B.V. | 94,400 | $9.63M | 0.06% | +1,600+1.7% | Added |
| Asset Management One Co.,Ltd. | 93,378 | $9.61M | 0.03% | −2,713−2.8% | Reduced |
| Mackenzie Financial Corp | 94,093 | $9.60M | 0.01% | +4,424+4.9% | Added |
| BCM Advisors, LLC | 89,527 | $9.56M | 2.14% | 00.0% | Unchanged |
| Benjamin Edwards Inc | 93,492 | $9.54M | 0.14% | −2,291−2.4% | Reduced |
| Pictet North America Advisors SA | 92,922 | $9.48M | 0.90% | +2,737+3.0% | Added |
| Public Employees Retirement System of Ohio | 91,666 | $9.35M | 0.03% | −4,099−4.3% | Reduced |
| Marks Group Wealth Management, Inc | 91,502 | $9.34M | 0.92% | −3,890−4.1% | Reduced |
| Susquehanna International Group, LLP | 91,463 | $9.33M | 0.01% | −9,236−9.2% | Reduced |
| Motley Fool Asset Management LLC | 90,514 | $9.23M | 0.48% | −30,268−25.1% | Reduced |
| Terry L. Blaker | 90,299 | $9.21M | 0.35% | +561+0.6% | Added |
| Neuberger Berman Group LLC | 90,241 | $9.21M | 0.01% | −4,757−5.0% | Reduced |
| ExodusPoint Capital Management, LP | 88,687 | $9.05M | 0.09% | +82,152+1,257.1% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 88,443 | $9.02M | 0.09% | +15,100+20.6% | Added |
| HighTower Advisors, LLC | 86,299 | $8.80M | 0.01% | +3,754+4.5% | Added |
| Standard Life Aberdeen plc | 86,016 | $8.76M | 0.02% | −12,587−12.8% | Reduced |
| State of New Jersey Common Pension Fund D | 84,370 | $8.61M | 0.03% | 00.0% | Unchanged |
| Verition Fund Management LLC | 83,906 | $8.56M | 0.04% | +77,962+1,311.6% | Added |
| Rafferty Asset Management, LLC | 83,738 | $8.54M | 0.03% | +3,466+4.3% | Added |
| TownSquare Capital, LLC | 82,900 | $8.46M | 0.10% | +4,755+6.1% | Added |
| Whittier Trust Co of Nevada Inc | 81,739 | $8.34M | 0.20% | +3,395+4.3% | Added |
| Comerica Bank | 81,449 | $8.31M | 0.03% | +2,330+2.9% | Added |
| KLP Kapitalforvaltning AS | 81,100 | $8.27M | 0.04% | +81,100 | New |