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 |
|---|---|---|---|---|---|
| Marshall & Sterling Wealth Advisors Inc. | 206 | $25.6K | 0.02% | +206 | New |
| Bares Capital Management, Inc. | 213 | $26.5K | 0.00% | +213 | New |
| Assetmark, Inc | 215 | $26.7K | 0.00% | +35+19.4% | Added |
| Capital Advisors, Ltd. LLC | 218 | $27.0K | 0.00% | +20+10.1% | Added |
| Ancora Advisors, LLC | 223 | $27.7K | 0.00% | 00.0% | Unchanged |
| Kings Path Partners LLC | 231 | $28.7K | 0.01% | 00.0% | Unchanged |
| Optimum Investment Advisors | 250 | $31.1K | 0.01% | +250 | New |
| South State Corp. | 254 | $31.6K | 0.00% | +166+188.6% | Added |
| Sunbelt Securities, Inc. | 300 | $37.3K | 0.00% | 00.0% | Unchanged |
| TD Private Client Wealth LLC | 313 | $38.9K | 0.00% | +2+0.6% | Added |
| Armstrong Advisory Group, Inc | 400 | $40.8K | 0.00% | 00.0% | Unchanged |
| Simplex Trading, LLC | 333 | $41.0K | 0.00% | +333 | New |
| Hemington Wealth Management | 343 | $42.0K | 0.01% | +67+24.3% | Added |
| Lindbrook Capital, LLC | 346 | $43.0K | 0.00% | −3−0.9% | Reduced |
| Zions Bancorporation, National Association | 362 | $45.0K | 0.00% | +362 | New |
| Alaska Permanent Fund Corp | 412 | $45.6K | 0.00% | 00.0% | Unchanged |
| Garde Capital, Inc. | 371 | $46.2K | 0.00% | +371 | New |
| TFC Financial Management | 386 | $48.0K | 0.01% | 00.0% | Unchanged |
| Beaird Harris Wealth Management, LLC | 399 | $49.6K | 0.00% | 00.0% | Unchanged |
| Towarzystwo Funduszy Inwestycyjnych Pzu SA | 410 | $51.0K | 0.02% | 00.0% | Unchanged |
| GW&K Investment Management, LLC | 419 | $52.0K | 0.00% | +214+104.4% | Added |
| First PREMIER Bank | 424 | $53.0K | 0.01% | 00.0% | Unchanged |
| Central Pacific Bank - Trust Division | 442 | $55.0K | 0.01% | −93−17.4% | Reduced |
| Intelligent Financial Strategies | 445 | $55.4K | 0.03% | 00.0% | Unchanged |
| Hexagon Capital Partners LLC | 453 | $56.4K | 0.01% | +142+45.7% | Added |
| SBI Securities Co., Ltd. | 454 | $56.5K | 0.00% | +96+26.8% | Added |
| Colonial Trust Co | 466 | $58.0K | 0.01% | 00.0% | Unchanged |
| Exchange Traded Concepts, LLC | 487 | $60.6K | 0.00% | +53+12.2% | Added |
| PSI Advisors, LLC | 498 | $62.0K | 0.02% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 504 | $62.7K | 0.00% | −1,427−73.9% | Reduced |
| Asset Dedication, LLC | 506 | $62.9K | 0.01% | 00.0% | Unchanged |
| Ogorek Anthony Joseph | 515 | $64.0K | 0.02% | +9+1.8% | Added |
| Raiffeisen Bank International AG | 533 | $65.5K | 0.00% | +533 | New |
| Continuum Advisory, LLC | 527 | $65.6K | 0.01% | −98−15.7% | Reduced |
| Cheviot Value Management, LLC | 600 | $66.2K | 0.01% | +600 | New |
| Cary Street Partners Financial LLC | 580 | $72.2K | 0.00% | +49+9.2% | Added |
| GPS Wealth Strategies Group, LLC | 589 | $73.3K | 0.01% | 00.0% | Unchanged |
| Sentry Investment Management LLC | 678 | $76.0K | 0.05% | −203−23.0% | Reduced |
| Darwin Advisors, LLC | 769 | $78.5K | 0.03% | 00.0% | Unchanged |
| Crews Bank & Trust | 655 | $81.5K | 0.01% | 00.0% | Unchanged |
| Gables Capital Management Inc. | 668 | $83.1K | 0.04% | 00.0% | Unchanged |
| Smallwood Wealth Investment Management, LLC | 668 | $83.1K | 0.05% | +668 | New |
| Caldwell Trust Co | 676 | $84.1K | 0.01% | 00.0% | Unchanged |
| Wayfinding Financial, LLC | 715 | $88.0K | 0.04% | +715 | New |
| Cromwell Holdings LLC | 713 | $88.7K | 0.06% | +14+2.0% | Added |
| Massmutual Trust Co FSB | 714 | $88.8K | 0.00% | +4+0.6% | Added |
| Versant Capital Management, Inc | 732 | $91.1K | 0.02% | +319+77.2% | Added |
| Smartleaf Asset Management LLC | 748 | $92.0K | 0.01% | −63−7.8% | Reduced |
| Quent Capital, LLC | 771 | $96.0K | 0.01% | +84+12.2% | Added |
| Parkside Financial Bank & Trust | 774 | $96.3K | 0.01% | −3−0.4% | Reduced |
| Bryn Mawr Trust Co | 777 | $96.7K | 0.00% | −14−1.8% | Reduced |
| Orion Capital Management LLC | 807 | $100.4K | 0.04% | 00.0% | Unchanged |
| Johnson Financial Group, Inc. | 809 | $100.6K | 0.00% | +530+190.0% | Added |
| EverSource Wealth Advisors, LLC | 822 | $102.3K | 0.01% | +332+67.8% | Added |
| Acropolis Investment Management, LLC | 847 | $105.4K | 0.01% | +847 | New |
| Annis Gardner Whiting Capital Advisors, LLC | 864 | $107.5K | 0.05% | +14+1.6% | Added |
| Allworth Financial LP | 960 | $113.1K | 0.00% | +257+36.6% | Added |
| Covestor Ltd | 937 | $117.0K | 0.08% | +105+12.6% | Added |
| Park Place Capital Corp | 957 | $119.1K | 0.03% | 00.0% | Unchanged |
| Curio Wealth, LLC | 1 | $122.4K | 0.06% | −1,199−99.9% | Reduced |
| Glen Eagle Advisors, LLC | 1,000 | $124.4K | 0.02% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 1,002 | $124.6K | 0.00% | +105+11.7% | Added |
| Ci Investments Inc. | 1,001 | $125.0K | 0.00% | −127−11.3% | Reduced |
| Skopos Labs, Inc. | 1,052 | $130.8K | 0.03% | +608+136.9% | Added |
| Sound Income Strategies, LLC | 1,101 | $137.0K | 0.01% | +2+0.2% | Added |
| Private Wealth Asset Management, LLC | 1,134 | $141.1K | 0.02% | +1,134 | New |
| Spire Wealth Management | 1,141 | $141.9K | 0.00% | −2−0.2% | Reduced |
| Atticus Wealth Management, LLC | 1,170 | $145.5K | 0.05% | 00.0% | Unchanged |
| Montag A & Associates Inc | 1,177 | $146.4K | 0.01% | 00.0% | Unchanged |
| State of Wyoming | 1,182 | $147.0K | 0.02% | +218+22.6% | Added |
| GeoWealth Management, LLC | 1,206 | $150.0K | 0.01% | −897−42.7% | Reduced |
| CoreCap Advisors, LLC | 1,267 | $157.6K | 0.01% | −7,327−85.3% | Reduced |
| Promus Capital, LLC | 1,323 | $164.6K | 0.12% | 00.0% | Unchanged |
| Trust Co of Vermont | 1,401 | $174.3K | 0.01% | 00.0% | Unchanged |
| Larson Financial Group LLC | 1,415 | $176.0K | 0.01% | +1,094+340.8% | Added |
| eCIO, Inc. | 1,478 | $183.9K | 0.06% | +1,478 | New |
| First Horizon Advisors, Inc. | 1,535 | $191.0K | 0.01% | +214+16.2% | Added |
| Howe & Rusling Inc | 1,610 | $200.3K | 0.02% | +1,610 | New |
| Manchester Financial Inc | 1,625 | $202.2K | 0.05% | +1,625 | New |
| AMG National Trust Bank | 1,626 | $202.3K | 0.01% | +1,626 | New |
| Orrstown Financial Services Inc | 1,632 | $203.0K | 0.05% | +1,632 | New |
| Custom Index Systems, LLC | 1,637 | $203.6K | 0.10% | +1,637 | New |
| Legacy Wealth Management, LLC | 1,640 | $204.0K | 0.07% | +1,640 | New |
| Red Door Wealth Management, LLC | 1,684 | $209.5K | 0.03% | +1,684 | New |
| Texas Yale Capital Corp. | 1,690 | $210.2K | 0.01% | +1,690 | New |
| Ipswich Investment Management Co., Inc. | 1,690 | $210.2K | 0.05% | +1,690 | New |
| Fedenia Advisers LLC | 1,701 | $211.6K | 0.14% | −15−0.9% | Reduced |
| Trust Investment Advisors | 1,719 | $213.8K | 0.14% | +1,719 | New |
| Virtus ETF Advisers LLC | 1,724 | $214.5K | 0.14% | −9,410−84.5% | Reduced |
| Signaturefd, LLC | 1,740 | $216.5K | 0.00% | −72−4.0% | Reduced |
| Schechter Investment Advisors, LLC | 1,747 | $217.3K | 0.02% | −900−34.0% | Reduced |
| Moss Adams Wealth Advisors LLC | 1,753 | $218.1K | 0.02% | +1,753 | New |
| Naples Global Advisors, LLC | 1,763 | $219.3K | 0.02% | +1,763 | New |
| Portfolio Design Labs, LLC | 1,788 | $222.4K | 0.05% | +1,788 | New |
| CFS Investment Advisory Services, LLC | 1,794 | $223.0K | 0.02% | +1,794 | New |
| Western Wealth Management, LLC | 1,794 | $223.2K | 0.01% | +1,794 | New |
| SFM, LLC | 1,797 | $223.6K | 0.16% | +1,797 | New |
| Livforsakringsbolaget Skandia, Omsesidigt | 1,801 | $224.0K | 0.01% | 00.0% | Unchanged |
| MAI Capital Management | 1,807 | $224.8K | 0.00% | +508+39.1% | Added |
| Howard Bailey Securities, LLC | 1,829 | $227.5K | 0.08% | +1,829 | New |