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.
| 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, Q1 2025
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Allspring Global Investments Holdings, LLC | 3,706,927 | $460.1M | 0.80% | −215,374−5.5% | Reduced |
| Invesco Ltd. | 4,120,135 | $512.5M | 0.10% | +316,519+8.3% | Added |
| Select Equity Group, L.P. | 6,274,372 | $780.5M | 3.48% | −1,704,535−21.4% | Reduced |
| Geode Capital Management, LLC | 6,319,226 | $783.7M | 0.06% | +219,577+3.6% | Added |
| Parnassus Investments | 7,227,805 | $899.1M | 2.16% | +7,227,805 | New |
| Morgan Stanley | 7,402,530 | $920.9M | 0.07% | −1,174,686−13.7% | Reduced |
| Capital World Investors | 8,264,954 | $1.03B | 0.17% | +4,069,273+97.0% | Added |
| State Street Corp | 11,198,682 | $1.39B | 0.06% | +49,363+0.4% | Added |
| Principal Financial Group Inc | 12,940,046 | $1.61B | 0.90% | +38,078+0.3% | Added |
| BlackRock, Inc. | 18,389,672 | $2.29B | 0.05% | −276,700−1.5% | Reduced |
| Vanguard Group Inc | 30,501,119 | $3.79B | 0.07% | +560,980+1.9% | Added |
| Proequities, Inc. | 0 | $0 | 0.00% | −1,103−100.0% | Sold out |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −493,658−100.0% | Sold out |
| Freestone Grove Partners LP | 0 | $0 | 0.00% | −171,895−100.0% | Sold out |
| Voloridge Investment Management, LLC | 0 | $0 | 0.00% | −151,093−100.0% | Sold out |
| Two Sigma Investments, LP | 0 | $0 | 0.00% | −137,664−100.0% | Sold out |
| Twinbeech Capital LP | 0 | $0 | 0.00% | −104,667−100.0% | Sold out |
| Adage Capital Partners GP, L.L.C. | 0 | $0 | 0.00% | −101,800−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −88,687−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | 0 | $0 | 0.00% | −48,689−100.0% | Sold out |
| Great Lakes Advisors, LLC | 0 | $0 | 0.00% | −46,247−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −43,492−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −41,700−100.0% | Sold out |
| First Hawaiian Bank | 0 | $0 | 0.00% | −41,682−100.0% | Sold out |
| Connor, Clark & Lunn Investment Management Ltd. | 0 | $0 | 0.00% | −33,376−100.0% | Sold out |
| STRS Ohio | 0 | $0 | 0.00% | −31,218−100.0% | Sold out |
| Peak Financial Advisors LLC | 0 | $0 | 0.00% | −29,771−100.0% | Sold out |
| Capital Fund Management S.A. | 0 | $0 | 0.00% | −29,305−100.0% | Sold out |
| Sone Capital Management, LLC | 0 | $0 | 0.00% | −26,829−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −25,980−100.0% | Sold out |
| Elo Mutual Pension Insurance Co | 0 | $0 | 0.00% | −24,194−100.0% | Sold out |
| Aster Capital Management (DIFC) Ltd | 0 | $0 | 0.00% | −13,728−100.0% | Sold out |
| Fiducient Advisors LLC | 0 | $0 | 0.00% | −12,436−100.0% | Sold out |
| Axq Capital, LP | 0 | $0 | 0.00% | −11,992−100.0% | Sold out |
| Walleye Capital LLC | 0 | $0 | 0.00% | −11,701−100.0% | Sold out |
| Nutshell Asset Management Ltd | 0 | $0 | 0.00% | −10,500−100.0% | Sold out |
| Liontrust Investment Partners LLP | 0 | $0 | 0.00% | −10,166−100.0% | Sold out |
| Allstate Corp | 0 | $0 | 0.00% | −7,738−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −6,059−100.0% | Sold out |
| Geneva Partners, LLC | 0 | $0 | 0.00% | −6,035−100.0% | Sold out |
| Headlands Technologies LLC | 0 | $0 | 0.00% | −5,706−100.0% | Sold out |
| FORA Capital, LLC | 0 | $0 | 0.00% | −5,689−100.0% | Sold out |
| Farringdon Capital, Ltd. | 0 | $0 | 0.00% | −4,979−100.0% | Sold out |
| Harbor Capital Advisors, Inc. | 0 | $0 | 0.00% | −4,664−100.0% | Sold out |
| Sherbrooke Park Advisers LLC | 0 | $0 | 0.00% | −4,642−100.0% | Sold out |
| First Manhattan Co | 0 | $0 | 0.00% | −4,541−100.0% | Sold out |
| American Century Companies Inc | 0 | $0 | 0.00% | −4,469−100.0% | Sold out |
| Prelude Capital Management, LLC | 0 | $0 | 0.00% | −4,000−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −3,791−100.0% | Sold out |
| Marex Group plc | 0 | $0 | 0.00% | −3,722−100.0% | Sold out |
| Fermata Advisors, LLC | 0 | $0 | 0.00% | −3,620−100.0% | Sold out |
| Alps Advisors Inc | 0 | $0 | 0.00% | −3,423−100.0% | Sold out |
| Canada Post Corp Registered Pension Plan | 0 | $0 | 0.00% | −3,410−100.0% | Sold out |
| BOCHK Asset Management Ltd | 0 | $0 | 0.00% | −3,200−100.0% | Sold out |
| Bleakley Financial Group, LLC | 0 | $0 | 0.00% | −3,162−100.0% | Sold out |
| Dempze Nancy E | 0 | $0 | 0.00% | −3,000−100.0% | Sold out |
| Capula Management Ltd | 0 | $0 | 0.00% | −2,954−100.0% | Sold out |
| Dorsey & Whitney Trust CO LLC | 0 | $0 | 0.00% | −2,716−100.0% | Sold out |
| Canandaigua National Bank & Trust Co | 0 | $0 | 0.00% | −2,620−100.0% | Sold out |
| Petrus Trust Company, LTA | 0 | $0 | 0.00% | −2,576−100.0% | Sold out |
| DRW Securities, LLC | 0 | $0 | 0.00% | −2,521−100.0% | Sold out |
| NewEdge Wealth, LLC | 0 | $0 | 0.00% | −2,270−100.0% | Sold out |
| Blueshift Asset Management, LLC | 0 | $0 | 0.00% | −2,252−100.0% | Sold out |
| GTS Securities LLC | 0 | $0 | 0.00% | −2,154−100.0% | Sold out |
| Genesis Private Wealth, LLC | 0 | $0 | 0.00% | −2,148−100.0% | Sold out |
| Ieq Capital, LLC | 0 | $0 | 0.00% | −2,079−100.0% | Sold out |
| RMB Capital Management, LLC | 0 | $0 | 0.00% | −2,046−100.0% | Sold out |
| 111 Capital | 0 | $0 | 0.00% | −2,043−100.0% | Sold out |
| Kapitalo Investimentos Ltda | 0 | $0 | 0.00% | −1,953−100.0% | Sold out |
| iA Global Asset Management Inc. | 0 | $0 | 0.00% | −1,159−100.0% | Sold out |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 0 | $0 | 0.00% | −561−100.0% | Sold out |
| Oarsman Capital, Inc. | 0 | $0 | 0.00% | −450−100.0% | Sold out |
| Caitong International Asset Management Co., Ltd | 0 | $0 | 0.00% | −303−100.0% | Sold out |
| R Squared Ltd | 0 | $0 | 0.00% | −300−100.0% | Sold out |
| Kohmann Bosshard Financial Services, LLC | 0 | $0 | 0.00% | −272−100.0% | Sold out |
| Delta Asset Management LLC | 0 | $0 | 0.00% | −250−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −243−100.0% | Sold out |
| LGT Financial Advisors LLC | 0 | $0 | 0.00% | −188−100.0% | Sold out |
| Financial Life Planners | 0 | $0 | 0.00% | −173−100.0% | Sold out |
| Cyrus J. Lawrence, LLC | 0 | $0 | 0.00% | −125−100.0% | Sold out |
| Caitlin John, LLC | 0 | $0 | 0.00% | −110−100.0% | Sold out |
| Modus Advisors, LLC | 0 | $0 | 0.00% | −60−100.0% | Sold out |
| Bogart Wealth, LLC | 0 | $0 | 0.00% | −49−100.0% | Sold out |
| Concord Wealth Partners | 0 | $0 | 0.00% | −44−100.0% | Sold out |
| C M Bidwell & Associates Ltd | 0 | $0 | 0.00% | −43−100.0% | Sold out |
| Raleigh Capital Management Inc. | 0 | $0 | 0.00% | −40−100.0% | Sold out |
| Tucker Asset Management LLC | 0 | $0 | 0.00% | −36−100.0% | Sold out |
| Iron Horse Wealth Management, LLC | 0 | $0 | 0.00% | −35−100.0% | Sold out |
| FLP Wealth Management, LLC | 0 | $0 | 0.00% | −29−100.0% | Sold out |
| Live Oak Investment Partners | 0 | $0 | 0.00% | – | Sold out |
| Beacon Capital Management, LLC | 0 | $0 | 0.00% | −15−100.0% | Sold out |
| Fairman Group, LLC | 0 | $0 | 0.00% | −14−100.0% | Sold out |
| Riverview Trust Co | 0 | $0 | 0.00% | −10−100.0% | Sold out |
| Old Second National Bank of Aurora | 0 | $0 | 0.00% | −5−100.0% | Sold out |
| Anderson Financial Strategies, LLC | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| Madison Investment Advisors, LLC | – | – | – | – | Not filed |
| Boston Financial Mangement LLC | – | – | – | – | Not filed |
| Nuveen Asset Management, LLC | – | – | – | – | Not filed |
| TAP Consulting, LLC | – | – | – | – | Not filed |
| Access Investment Management LLC | – | – | – | – | Not filed |