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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, Q1 2025

Institutional positions in Brown & Brown, Inc. as of Mar 31, 2025. 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
911
+49 vs. Q4 2024
Shares held
219.5M
+8.20M (+3.9%) vs. Q4 2024
Total value
$27.3B
+$5.73B (+26.6%) vs. Q4 2024
New holders
133
338 more added
Sold out
84
316 more reduced

13 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2025: 911 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 heldQ1 2025: $27.3B
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, Q1 2025

Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q4 2024.

Institutions holding BRO in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Y.D. More Investments Ltd335$1120.00%+41+13.9%Added
Clear Street Markets LLC1$1240.00%+1New
Bartlett & Co. Wealth Management LLC2$2490.00%+2New
American Capital Advisory, LLC2$2490.00%+2New
GoalVest Advisory LLC3$3730.00%+3New
CBIZ Investment Advisory Services, LLC4$4980.00%+4New
Rialto Wealth Management, LLC4$4980.00%+4New
HFM Investment Advisors, LLC4$4980.00%+4New
Carolinas Wealth Consulting LLC5$6220.00%00.0%Unchanged
NVWM, LLC5$6220.00%+5New
Parkworth Wealth Management, Inc.6$7460.00%00.0%Unchanged
Clearstead Advisors, LLC6$7470.00%+6New
Bay Harbor Wealth Management, LLC7$8700.00%+7New
WestEnd Advisors, LLC7$8710.00%+5+250.0%Added
Winnow Wealth LLC8$8790.00%+3+60.0%Added
Principia Wealth Advisory, LLC8$9330.00%+3+60.0%Added
Bare Financial Services, Inc8$9950.00%+8New
Highline Wealth Partners LLC8$9950.00%+8New
WealthTrak Capital Management LLC8$9960.00%+8New
Valley National Advisers Inc15$1.00K0.00%+15New
Wolff Wiese Magana LLC10$1.24K0.00%00.0%Unchanged
Riggs Asset Managment Co. Inc.11$1.37K0.00%00.0%Unchanged
Horizon Financial Services, LLC12$1.49K0.00%+12New
Clark Wealth Partners13$1.62K0.00%00.0%Unchanged
Greenline Partners, LLC14$1.74K0.00%+14New
DT Investment Partners, LLC15$1.87K0.00%00.0%Unchanged
True Wealth Design, LLC15$1.87K0.00%+15New
Logan Capital Management Inc16$1.99K0.00%+1+6.7%Added
Dogwood Wealth Management LLC16$1.99K0.00%+16New
Crowley Wealth Management, Inc.17$2.12K0.00%00.0%Unchanged
Dunhill Financial, LLC17$2.17K0.00%−11−39.3%Reduced
First United Bank Trust19$2.36K0.00%+19New
Bell Investment Advisors, Inc20$2.49K0.00%00.0%Unchanged
LRI Investments, LLC23$2.86K0.00%00.0%Unchanged
First Command Advisory Services, Inc.23$2.86K0.00%+23New
Trifecta Capital Advisors, LLC24$2.99K0.00%00.0%Unchanged
Sittner & Nelson, LLC25$3.11K0.00%00.0%Unchanged
Global Financial Private Client, LLC26$3.23K0.00%+18+225.0%Added
Bruce G. Allen Investments, LLC27$3.36K0.00%00.0%Unchanged
Cornerstone Planning Group LLC30$3.55K0.00%+11+57.9%Added
Raffa Wealth Management, LLC31$3.86K0.00%00.0%Unchanged
SJS Investment Consulting Inc.31$3.86K0.00%00.0%Unchanged
Avion Wealth45$4.00K0.00%00.0%Unchanged
Tortoise Investment Management, LLC33$4.11K0.00%00.0%Unchanged
Financial Management Professionals, Inc.35$4.35K0.00%+21+150.0%Added
Geneos Wealth Management Inc.36$4.48K0.00%+36New
DiNuzzo Private Wealth, Inc.38$4.73K0.00%00.0%Unchanged
Sachetta, LLC38$4.73K0.00%00.0%Unchanged
Sandy Spring Bank38$4.73K0.00%+38New
Abound Wealth Management39$4.85K0.00%00.0%Unchanged
Roble, Belko & Company, Inc42$5.00K0.00%+42New
Salomon & Ludwin, LLC41$5.10K0.00%00.0%Unchanged
First Pacific Financial44$5.47K0.00%00.0%Unchanged
West Paces Advisors Inc.44$5.47K0.00%00.0%Unchanged
JDM Financial Group LLC45$5.60K0.00%00.0%Unchanged
Prestige Wealth Management Group LLC46$5.72K0.00%00.0%Unchanged
AdvisorNet Financial, Inc47$5.85K0.00%+40+571.4%Added
Jackson, Grant Investment Advisers, Inc.48$5.97K0.00%00.0%Unchanged
Activest Wealth Management48$5.97K0.00%+47+4,700.0%Added
Bellevue Asset Management, LLC49$6.09K0.00%00.0%Unchanged
CVA Family Office, LLC52$6.47K0.00%+46+766.7%Added
City State Bank54$6.72K0.00%00.0%Unchanged
Central Trust Co57$7.09K0.00%00.0%Unchanged
MV Capital Management, Inc.57$7.09K0.00%00.0%Unchanged
Fortitude Family Office, LLC57$7.09K0.00%00.0%Unchanged
Leonteq Securities AG59$7.34K0.00%−80−57.6%Reduced
Rakuten Securities, Inc.64$7.96K0.00%+61+2,033.3%Added
St Germain D J Co Inc67$8.34K0.00%−200−74.9%Reduced
Transce3nd, LLC69$8.58K0.00%+22+46.8%Added
Hughes Financial Services, LLC70$8.69K0.00%+70New
Copia Wealth Management70$8.71K0.01%00.0%Unchanged
Park Square Financial Group, LLC72$8.96K0.01%+72New
Carolina Wealth Advisors, LLC84$10.4K0.01%00.0%Unchanged
Private Wealth Management Group, LLC85$10.6K0.00%00.0%Unchanged
Greykasell Wealth Strategies, Inc.88$10.9K0.01%+88New
Sierra Ocean, LLC90$11.2K0.01%00.0%Unchanged
Harbour Investments, Inc.92$11.4K0.00%+3+3.4%Added
Duncker Streett & Co Inc93$11.6K0.00%00.0%Unchanged
Saudi Central Bank96$11.9K0.06%+96New
HHM Wealth Advisors, LLC100$12.4K0.00%−4−3.8%Reduced
Millstone Evans Group, LLC102$12.7K0.01%+62+155.0%Added
Whipplewood Advisors, LLC195$13.3K0.01%+88+82.2%Added
Creative Financial Designs Inc114$14.2K0.00%+95+500.0%Added
Farmers & Merchants Investments Inc115$14.3K0.00%00.0%Unchanged
NewSquare Capital LLC116$14.4K0.00%+114+5,700.0%Added
Itau Unibanco Holding S.A.122$15.0K0.00%−13−9.6%Reduced
City Holding Co122$15.2K0.00%+122New
Accredited Wealth Management, LLC124$15.4K0.01%+124New
Rise Advisors, LLC129$16.0K0.01%−30−18.9%Reduced
Rocky Mountain Advisers, LLC136$16.9K0.01%00.0%Unchanged
Rothschild Investment LLC141$17.5K0.00%−2−1.4%Reduced
Optiver Holding B.V.142$17.7K0.00%+29+25.7%Added
Financial Network Wealth Advisors LLC146$18.2K0.02%+127+668.4%Added
Red Tortoise LLC147$18.3K0.01%00.0%Unchanged
Truvestments Capital LLC149$18.5K0.00%00.0%Unchanged
Frazier Financial Advisors, LLC150$18.7K0.01%00.0%Unchanged
JFS Wealth Advisors, LLC154$19.2K0.00%00.0%Unchanged
Eastern Bank165$20.5K0.00%+28+20.4%Added
Key Financial Inc187$23.3K0.01%00.0%Unchanged
Piscataqua Savings Bank204$25.4K0.02%00.0%Unchanged