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 |
|---|---|---|---|---|---|
| Avantax Advisory Services, Inc. | 11,833 | $1.47M | 0.01% | +4,589+63.3% | Added |
| Mercer Global Advisors Inc | 11,836 | $1.47M | 0.00% | +2,651+28.9% | Added |
| Price Capital Management, Inc. | 11,840 | $1.47M | 3.72% | +11,840 | New |
| Marshall Financial Group LLC | 11,844 | $1.47M | 0.32% | +167+1.4% | Added |
| Cross Staff Investments Inc | 12,000 | $1.49M | 1.13% | 00.0% | Unchanged |
| Parr McKnight Wealth Management Group, LLC | 12,276 | $1.53M | 0.22% | +50.0% | Added |
| Securian Asset Management, Inc | 12,464 | $1.55M | 0.05% | −202−1.6% | Reduced |
| Cullinan Associates Inc | 12,500 | $1.55M | 0.11% | −500−3.8% | Reduced |
| Cathy Pareto & Associates, Inc | 12,761 | $1.59M | 1.40% | 00.0% | Unchanged |
| Louisiana State Employees Retirement System | 12,800 | $1.59M | 0.03% | 00.0% | Unchanged |
| Ewing Morris & Co. Investment Partners Ltd. | 8,932 | $1.60M | 0.50% | +8,932 | New |
| Citadel Advisors LLC | 12,966 | $1.61M | 0.00% | +12,807+8,054.7% | Added |
| Canada Pension Plan Investment Board | 13,053 | $1.62M | 0.00% | +12,708+3,683.5% | Added |
| Wealthfront Advisers LLC | 13,189 | $1.64M | 0.00% | +2,752+26.4% | Added |
| Lombard Odier Asset Management (USA) Corp | 13,277 | $1.65M | 0.56% | +13,277 | New |
| HB Wealth Management, LLC | 13,463 | $1.67M | 0.01% | +7,311+118.8% | Added |
| Prevail Innovative Wealth Advisors, LLC | 13,490 | $1.68M | 0.45% | −3,953−22.7% | Reduced |
| Virtus Investment Advisers, Inc. | 13,527 | $1.68M | 0.46% | +11,803+684.6% | Added |
| SlateStone Wealth, LLC | 13,525 | $1.68M | 0.17% | −2,225−14.1% | Reduced |
| NEOS Investment Management LLC | 13,689 | $1.70M | 0.03% | +2,506+22.4% | Added |
| Gulf International Bank (UK) Ltd | 13,788 | $1.72M | 0.06% | −5,086−26.9% | Reduced |
| Fairbanks Capital Management, Inc. | 13,947 | $1.74M | 1.12% | +13,947 | New |
| Federated Hermes, Inc. | 14,077 | $1.75M | 0.00% | −82,349−85.4% | Reduced |
| Cyndeo Wealth Partners, LLC | 14,235 | $1.77M | 0.12% | +2,027+16.6% | Added |
| Everence Capital Management Inc | 14,270 | $1.77M | 0.12% | 00.0% | Unchanged |
| Gibbs Wealth Management | 14,271 | $1.78M | 0.43% | +2,181+18.0% | Added |
| Mount Lucas Management LP | 14,398 | $1.79M | 0.84% | −465−3.1% | Reduced |
| SG Americas Securities, LLC | 14,537 | $1.81M | 0.01% | +2,304+18.8% | Added |
| Nicholson Wealth Management Group, LLC | 14,536 | $1.81M | 1.19% | +277+1.9% | Added |
| M&T Bank Corp | 14,693 | $1.83M | 0.01% | +5,323+56.8% | Added |
| Inceptionr LLC | 14,702 | $1.83M | 0.55% | −2,860−16.3% | Reduced |
| Hartford Investment Management Co | 14,759 | $1.84M | 0.06% | −152−1.0% | Reduced |
| BOK Financial Private Wealth, Inc. | 15,045 | $1.87M | 0.14% | −3,675−19.6% | Reduced |
| Bokf, NA | 15,174 | $1.89M | 0.03% | −1,906−11.2% | Reduced |
| Avanza Fonder AB | 15,275 | $1.90M | 0.06% | −4,804−23.9% | Reduced |
| Davidson Kahn Capital Management, LLC | 15,379 | $1.91M | 1.48% | +4,303+38.8% | Added |
| Otter Creek Advisors, LLC | 15,387 | $1.91M | 1.33% | −17,608−53.4% | Reduced |
| Greenleaf Trust | 15,441 | $1.92M | 0.02% | −34−0.2% | Reduced |
| Capital Investment Advisors, LLC | 15,503 | $1.93M | 0.04% | +15,503 | New |
| TD Waterhouse Canada Inc. | 15,789 | $1.95M | 0.02% | +14,866+1,610.6% | Added |
| Glenmede Trust Co NA | 15,818 | $1.97M | 0.01% | −182−1.1% | Reduced |
| Prudential PLC | 15,929 | $1.98M | 0.01% | 00.0% | Unchanged |
| Kentucky Retirement Systems | 16,304 | $2.03M | 0.06% | +34+0.2% | Added |
| Evermay Wealth Management LLC | 16,495 | $2.05M | 0.27% | −485−2.9% | Reduced |
| Swiss Life Asset Management Ltd | 16,533 | $2.06M | 0.01% | +5,807+54.1% | Added |
| Landscape Capital Management, L.L.C. | 16,744 | $2.08M | 0.19% | +14,063+524.5% | Added |
| Ameritas Investment Partners, Inc. | 17,070 | $2.12M | 0.07% | −2,494−12.7% | Reduced |
| Keybank National Association | 17,124 | $2.13M | 0.01% | −2,796−14.0% | Reduced |
| Fiduciary Trust Co | 17,322 | $2.15M | 0.03% | +2,072+13.6% | Added |
| We Are One Seven, LLC | 17,352 | $2.16M | 0.08% | −1,920−10.0% | Reduced |
| Zacks Investment Management | 17,512 | $2.18M | 0.02% | +515+3.0% | Added |
| Ameriflex Group, Inc. | 17,590 | $2.19M | 0.89% | −55−0.3% | Reduced |
| AE Wealth Management LLC | 17,772 | $2.21M | 0.02% | −411−2.3% | Reduced |
| Schroder Investment Management Group | 18,067 | $2.22M | 0.00% | −529−2.8% | Reduced |
| Aquatic Capital Management LLC | 17,862 | $2.22M | 0.06% | +17,862 | New |
| PGGM Investments | 17,910 | $2.23M | 0.03% | 00.0% | Unchanged |
| Metis Global Partners, LLC | 18,065 | $2.25M | 0.06% | +2,403+15.3% | Added |
| Kesler, Norman & Wride, LLC | 18,143 | $2.26M | 0.43% | +192+1.1% | Added |
| Teachers Retirement System of the State of Kentucky | 18,344 | $2.28M | 0.02% | +683+3.9% | Added |
| Suncoast Equity Management | 18,375 | $2.29M | 0.26% | +2,365+14.8% | Added |
| Wedge Capital Management L L P | 18,406 | $2.29M | 0.04% | −2,467−11.8% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 18,603 | $2.31M | 0.01% | +3,351+22.0% | Added |
| Trueblood Wealth Management, LLC | 18,689 | $2.32M | 1.08% | +1,156+6.6% | Added |
| Tredje AP-fonden | 18,787 | $2.34M | 0.02% | 00.0% | Unchanged |
| GWM Advisors LLC | 18,971 | $2.36M | 0.01% | +846+4.7% | Added |
| Mizuho Securities USA LLC | 19,002 | $2.36M | 0.05% | −3,493−15.5% | Reduced |
| Prospera Financial Services Inc | 19,070 | $2.37M | 0.05% | +134+0.7% | Added |
| Mitchell Capital Management Co | 19,372 | $2.41M | 0.46% | +19,372 | New |
| Rockefeller Capital Management L.P. | 19,374 | $2.41M | 0.01% | −1,437−6.9% | Reduced |
| CX Institutional | 20,282 | $2.52M | 0.10% | +630+3.2% | Added |
| Oregon Public Employees Retirement Fund | 20,389 | $2.54M | 0.05% | +100.0% | Added |
| Bessemer Group Inc | 20,607 | $2.56M | 0.00% | −2,412−10.5% | Reduced |
| Illinois Municipal Retirement Fund | 20,702 | $2.58M | 0.04% | 00.0% | Unchanged |
| Cacti Asset Management LLC | 21,000 | $2.58M | 0.21% | 00.0% | Unchanged |
| Penserra Capital Management LLC | 20,842 | $2.59M | 0.05% | +19,116+1,107.5% | Added |
| Achmea Investment Management B.V. | 21,300 | $2.65M | 0.04% | −1,347−5.9% | Reduced |
| Northwestern Mutual Wealth Management Co | 21,438 | $2.67M | 0.00% | +517+2.5% | Added |
| Rakuten Investment Management, Inc. | 21,850 | $2.69M | 0.01% | +21,850 | New |
| Salem Investment Counselors Inc | 22,000 | $2.74M | 0.10% | 00.0% | Unchanged |
| Blair William & Co | 22,071 | $2.75M | 0.01% | −3,749−14.5% | Reduced |
| Crossmark Global Holdings, Inc. | 22,530 | $2.80M | 0.05% | −372−1.6% | Reduced |
| J. Safra Sarasin Holding AG | 22,733 | $2.83M | 0.05% | +22,733 | New |
| Andra AP-fonden | 22,804 | $2.84M | 0.05% | −31,796−58.2% | Reduced |
| Sabal Trust CO | 22,850 | $2.84M | 0.16% | 00.0% | Unchanged |
| Steel Peak Wealth Management LLC | 23,152 | $2.88M | 0.12% | +23,152 | New |
| QRG Capital Management, Inc. | 23,331 | $2.90M | 0.03% | +3,141+15.6% | Added |
| Procyon Private Wealth Partners, LLC | 23,404 | $2.91M | 0.18% | +632+2.8% | Added |
| Agf Management Ltd | 23,555 | $2.93M | 0.02% | +90.0% | Added |
| Roundview Capital LLC | 23,586 | $2.93M | 0.21% | +8,648+57.9% | Added |
| Pathstone Holdings, LLC | 23,698 | $2.95M | 0.01% | +2,168+10.1% | Added |
| Harbor Advisors LLC | 24,000 | $2.99M | 0.52% | 00.0% | Unchanged |
| Mirae Asset Global ETFs Holdings Ltd. | 24,011 | $2.99M | 0.01% | +1,264+5.6% | Added |
| Oppenheimer Asset Management Inc. | 24,191 | $3.01M | 0.04% | −2,160−8.2% | Reduced |
| UniSuper Management Pty Ltd | 24,197 | $3.01M | 0.02% | −1,440−5.6% | Reduced |
| Peninsula Asset Management Inc | 24,335 | $3.03M | 1.68% | +24,335 | New |
| Toroso Investments, LLC | 24,449 | $3.04M | 0.03% | −219,765−90.0% | Reduced |
| Jefferies Financial Group Inc. | 24,464 | $3.04M | 0.05% | +24,464 | New |
| IFP Advisors, Inc | 24,429 | $3.04M | 0.09% | +2,789+12.9% | Added |
| Stephens Inc | 24,655 | $3.07M | 0.04% | −432−1.7% | Reduced |
| JustInvest LLC | 25,376 | $3.16M | 0.05% | +1,389+5.8% | Added |