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 |
|---|---|---|---|---|---|
| Cim, LLC | 25,495 | $3.17M | 0.47% | +11,059+76.6% | Added |
| OP Asset Management Ltd | 25,642 | $3.19M | 0.05% | +25,642 | New |
| Savant Capital, LLC | 25,755 | $3.20M | 0.03% | +9,190+55.5% | Added |
| Henshaw Capital LLC | 26,206 | $3.26M | 0.14% | −10,292−28.2% | Reduced |
| Panagora Asset Management Inc | 26,760 | $3.33M | 0.02% | −2,949−9.9% | Reduced |
| Pacer Advisors, Inc. | 26,826 | $3.34M | 0.01% | −7,300−21.4% | Reduced |
| Wealthcare Advisory Partners LLC | 27,022 | $3.36M | 0.09% | −1,321−4.7% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 27,057 | $3.37M | 0.01% | +9,467+53.8% | Added |
| Ironwood Investment Counsel, LLC | 27,088 | $3.37M | 0.58% | −275−1.0% | Reduced |
| Bank of Nova Scotia | 27,679 | $3.44M | 0.01% | −7,469−21.3% | Reduced |
| State of Alaska, Department of Revenue | 27,803 | $3.46M | 0.04% | +745+2.8% | Added |
| Coldstream Capital Management Inc | 28,205 | $3.51M | 0.07% | −2,600−8.4% | Reduced |
| Ethic Inc. | 28,275 | $3.51M | 0.07% | +3,848+15.8% | Added |
| MML Investors Services, LLC | 28,312 | $3.52M | 0.01% | +1,593+6.0% | Added |
| Steward Partners Investment Advisory, LLC | 28,582 | $3.56M | 0.03% | −9,281−24.5% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 28,636 | $3.56M | 0.01% | −13,820−32.6% | Reduced |
| CIBC World Markets Corp | 28,886 | $3.59M | 0.03% | −8,823−23.4% | Reduced |
| Janus Henderson Group PLC | 29,490 | $3.62M | 0.00% | +3,751+14.6% | Added |
| Penobscot Investment Management Company, Inc. | 29,148 | $3.63M | 0.34% | +1,055+3.8% | Added |
| Covey Capital Advisors, LLC | 29,157 | $3.63M | 4.18% | +164+0.6% | Added |
| RSM US Wealth Management LLC | 29,178 | $3.63M | 0.06% | −2,161−6.9% | Reduced |
| D.A. Davidson & Co. | 29,297 | $3.64M | 0.03% | −544−1.8% | Reduced |
| CIBC World Markets Inc. | 29,324 | $3.65M | 0.01% | +18,113+161.6% | Added |
| CHB Investment Group, LLC | 29,360 | $3.65M | 1.94% | −130.0% | Reduced |
| Elser Financial Planning, Inc | 29,560 | $3.68M | 5.09% | −6,275−17.5% | Reduced |
| Ambassador Advisors, LLC | 29,797 | $3.71M | 0.65% | −225−0.7% | Reduced |
| Sciencast Management LP | 29,821 | $3.71M | 0.86% | +11,512+62.9% | Added |
| Crawford Investment Counsel Inc | 30,004 | $3.73M | 0.07% | −615−2.0% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 30,091 | $3.74M | 0.04% | +4,371+17.0% | Added |
| Jackson Wealth Management, LLC | 30,715 | $3.82M | 0.46% | −520−1.7% | Reduced |
| Numerai GP LLC | 30,931 | $3.85M | 0.73% | +25,208+440.5% | Added |
| Patton Fund Management, Inc. | 31,151 | $3.88M | 0.94% | −9,228−22.9% | Reduced |
| New Age Alpha Advisors, LLC | 31,192 | $3.88M | 0.17% | −98,105−75.9% | Reduced |
| Nissay Asset Management Corp | 31,231 | $3.89M | 0.03% | +511+1.7% | Added |
| New York Life Investment Management LLC | 31,790 | $3.95M | 0.04% | −147−0.5% | Reduced |
| AXA S.A. | 32,450 | $4.04M | 0.01% | −66−0.2% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 32,993 | $4.06M | 0.02% | +3,362+11.3% | Added |
| AQR Capital Management LLC | 33,444 | $4.13M | 0.00% | +9,264+38.3% | Added |
| Independent Advisor Alliance | 33,763 | $4.20M | 0.14% | −5,843−14.8% | Reduced |
| Daiwa Securities Group Inc. | 34,063 | $4.24M | 0.02% | +2,344+7.4% | Added |
| Brendel Financial Advisors LLC | 34,114 | $4.24M | 2.58% | −450−1.3% | Reduced |
| Southeast Asset Advisors Inc. | 34,287 | $4.27M | 0.52% | −7,481−17.9% | Reduced |
| KBC Group NV | 34,513 | $4.29M | 0.01% | −3,481−9.2% | Reduced |
| Threadgill Financial, LLC | 34,563 | $4.30M | 2.30% | +161+0.5% | Added |
| Police & Firemen's Retirement System of New Jersey | 35,116 | $4.37M | 0.04% | 00.0% | Unchanged |
| First National Advisers, LLC | 35,262 | $4.39M | 0.70% | +2,716+8.3% | Added |
| Summit Financial, LLC | 35,415 | $4.41M | 0.12% | +28,390+404.1% | Added |
| Integrity Financial Corp | 35,774 | $4.45M | 2.52% | +10.0% | Added |
| Legacy Financial Strategies, LLC | 35,801 | $4.45M | 0.97% | −6,172−14.7% | Reduced |
| Caisse de Depot Et Placement du Quebec | 36,001 | $4.48M | 0.01% | −34,879−49.2% | Reduced |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 36,327 | $4.52M | 0.76% | +6,581+22.1% | Added |
| Insight Wealth Strategies, LLC | 36,524 | $4.54M | 0.61% | +10,301+39.3% | Added |
| Dorsey Wright & Associates | 37,306 | $4.64M | 1.18% | +3,171+9.3% | Added |
| D L Carlson Investment Group Inc | 37,468 | $4.66M | 0.90% | −2,613−6.5% | Reduced |
| Catalyst Capital Advisors LLC | 37,527 | $4.67M | 0.10% | −2,173−5.5% | Reduced |
| Atria Investments LLC | 37,656 | $4.68M | 0.06% | +4,837+14.7% | Added |
| Mutual of America Capital Management LLC | 37,683 | $4.69M | 0.05% | −1,658−4.2% | Reduced |
| Utah Retirement Systems | 39,390 | $4.90M | 0.06% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 39,678 | $4.94M | 0.01% | −51,785−56.6% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 40,033 | $4.98M | 0.01% | +2,937+7.9% | Added |
| HighTower Advisors, LLC | 40,171 | $5.00M | 0.01% | −46,128−53.5% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 41,124 | $5.07M | 0.05% | +3,292+8.7% | Added |
| Tower Bridge Advisors | 40,904 | $5.09M | 0.57% | −1,762−4.1% | Reduced |
| Wall Street Access Asset Management, LLC | 42,048 | $5.23M | 2.08% | −210.0% | Reduced |
| Acadian Asset Management LLC | 43,107 | $5.36M | 0.02% | −72,056−62.6% | Reduced |
| Forsta Ap-Fonden | 43,300 | $5.39M | 0.04% | −2,300−5.0% | Reduced |
| Cetera Investment Advisers | 43,878 | $5.46M | 0.01% | +7,598+20.9% | Added |
| Xponance, Inc. | 44,168 | $5.49M | 0.05% | +372+0.8% | Added |
| Empowered Funds, LLC | 44,329 | $5.51M | 0.08% | +22,283+101.1% | Added |
| IFM Investors Pty Ltd | 44,556 | $5.54M | 0.06% | −1,665−3.6% | Reduced |
| Mogy Joel R Investment Counsel Inc | 44,591 | $5.55M | 0.36% | +25,306+131.2% | Added |
| The PNC Financial Services Group, Inc. | 44,858 | $5.58M | 0.00% | +1,672+3.9% | Added |
| WCM Investment Management, LLC | 45,489 | $5.59M | 0.01% | −11,551−20.3% | Reduced |
| Davenport & Co LLC | 45,047 | $5.60M | 0.03% | +6,459+16.7% | Added |
| First National Bank of Omaha | 45,396 | $5.65M | 0.39% | −4,599−9.2% | Reduced |
| DnB Asset Management AS | 45,562 | $5.67M | 0.03% | +283+0.6% | Added |
| British Columbia Investment Management Corp | 46,494 | $5.78M | 0.04% | +71+0.2% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 49,109 | $6.04M | 0.02% | +49,109 | New |
| Silphium Asset Management Ltd | 48,823 | $6.07M | 4.90% | +47+0.1% | Added |
| Cerity Partners LLC | 49,275 | $6.13M | 0.01% | +1,136+2.4% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 49,399 | $6.15M | 0.02% | −3,112−5.9% | Reduced |
| WealthPLAN Partners, LLC | 50,775 | $6.32M | 0.89% | −562−1.1% | Reduced |
| Retirement Systems of Alabama | 50,998 | $6.34M | 0.02% | −389−0.8% | Reduced |
| O'Shaughnessy Asset Management, LLC | 51,234 | $6.37M | 0.05% | +10,937+27.1% | Added |
| Park National Corp | 51,634 | $6.42M | 0.24% | −166−0.3% | Reduced |
| Amalgamated Bank | 52,235 | $6.50M | 0.06% | +331+0.6% | Added |
| Advisory Services Network, LLC | 52,498 | $6.53M | 0.13% | −1,943−3.6% | Reduced |
| Skandinaviska Enskilda Banken AB (publ) | 52,535 | $6.54M | 0.03% | +2,077+4.1% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 54,273 | $6.75M | 0.04% | +3,806+7.5% | Added |
| Heirloom Wealth Management | 54,348 | $6.76M | 1.94% | +2,124+4.1% | Added |
| Verition Fund Management LLC | 54,463 | $6.78M | 0.04% | −29,443−35.1% | Reduced |
| Czech National Bank | 54,509 | $6.78M | 0.06% | +3,047+5.9% | Added |
| BI Asset Management Fondsmaeglerselskab A/S | 54,614 | $6.79M | 0.08% | +46,450+569.0% | Added |
| Teacher Retirement System of Texas | 54,832 | $6.82M | 0.03% | −234,510−81.0% | Reduced |
| Stonebridge Financial Group, LLC | 56,266 | $7.00M | 0.74% | −165−0.3% | Reduced |
| Leavell Investment Management, Inc. | 58,148 | $7.23M | 0.36% | −1,404−2.4% | Reduced |
| Corebridge Financial, Inc. | 59,034 | $7.34M | 0.04% | −2,336−3.8% | Reduced |
| Aviva PLC | 60,020 | $7.47M | 0.02% | +6,924+13.0% | Added |
| Campbell & CO Investment Adviser LLC | 60,657 | $7.55M | 0.58% | +60,657 | New |
| Mariner, LLC | 60,689 | $7.55M | 0.01% | +307+0.5% | Added |