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 |
|---|---|---|---|---|---|
| Vaughan Nelson Investment Management, L.P. | 60,935 | $7.58M | 0.08% | +2,020+3.4% | Added |
| Public Sector Pension Investment Board | 63,413 | $7.89M | 0.03% | +1,812+2.9% | Added |
| Advisor Group Holdings, Inc. | 63,880 | $7.95M | 0.02% | −2,912−4.4% | Reduced |
| State of Michigan Retirement System | 64,351 | $8.01M | 0.05% | −100−0.2% | Reduced |
| MetLife Investment Management | 66,237 | $8.24M | 0.04% | −1,237−1.8% | Reduced |
| CIBC Asset Management Inc | 66,667 | $8.29M | 0.03% | +27,961+72.2% | Added |
| Creative Planning | 66,765 | $8.31M | 0.01% | +1,619+2.5% | Added |
| Boston Trust Walden Corp | 67,773 | $8.43M | 0.06% | −545−0.8% | Reduced |
| Ibex Wealth Advisors | 68,087 | $8.47M | 1.12% | +6,359+10.3% | Added |
| Nisa Investment Advisors, LLC | 69,102 | $8.60M | 0.04% | −7,435−9.7% | Reduced |
| Forte Capital LLC | 69,990 | $8.71M | 1.03% | +94+0.1% | Added |
| Arizona State Retirement System | 70,291 | $8.74M | 0.06% | −135−0.2% | Reduced |
| HWG Holdings LP | 70,504 | $8.77M | 3.91% | +235+0.3% | Added |
| Lansforsakringar Fondforvaltning AB (publ) | 76,864 | $9.56M | 0.06% | −826−1.1% | Reduced |
| Rafferty Asset Management, LLC | 77,804 | $9.68M | 0.04% | −5,934−7.1% | Reduced |
| State of New Jersey Common Pension Fund D | 78,059 | $9.71M | 0.04% | −6,311−7.5% | Reduced |
| BCM Advisors, LLC | 88,250 | $9.76M | 2.21% | −1,277−1.4% | Reduced |
| Squarepoint Ops LLC | 80,161 | $9.97M | 0.02% | +31,008+63.1% | Added |
| Comerica Bank | 81,384 | $10.1M | 0.04% | −65−0.1% | Reduced |
| KLP Kapitalforvaltning AS | 82,800 | $10.3M | 0.05% | +1,700+2.1% | Added |
| Whittier Trust Co of Nevada Inc | 85,503 | $10.6M | 0.27% | +3,764+4.6% | Added |
| TownSquare Capital, LLC | 86,770 | $10.8M | 0.11% | +3,870+4.7% | Added |
| Benjamin Edwards Inc | 86,985 | $10.8M | 0.15% | −6,507−7.0% | Reduced |
| Marks Group Wealth Management, Inc | 87,111 | $10.8M | 1.04% | −4,391−4.8% | Reduced |
| Mn Services Vermogensbeheer B.V. | 87,600 | $10.9M | 0.08% | −6,800−7.2% | Reduced |
| Motley Fool Asset Management LLC | 87,724 | $10.9M | 0.61% | −2,790−3.1% | Reduced |
| Thrivent Financial for Lutherans | 88,681 | $11.0M | 0.02% | −50,828−36.4% | Reduced |
| Terry L. Blaker | 91,913 | $11.4M | 0.46% | +1,614+1.8% | Added |
| Diamond Hill Capital Management Inc | 92,598 | $11.5M | 0.05% | −35,248−27.6% | Reduced |
| WealthPlan Investment Management, LLC | 92,991 | $11.6M | 1.14% | −5,536−5.6% | Reduced |
| US Bancorp | 93,057 | $11.6M | 0.02% | +62,940+209.0% | Added |
| Quantinno Capital Management LP | 93,212 | $11.6M | 0.08% | +21,122+29.3% | Added |
| Speece Thorson Capital Group Inc | 94,083 | $11.7M | 2.41% | −19,221−17.0% | Reduced |
| Toronto Dominion Bank | 94,859 | $11.8M | 0.03% | −15,438−14.0% | Reduced |
| Lord, Abbett & Co. LLC | 96,000 | $11.9M | 0.04% | +96,000 | New |
| Spring Capital Management, LLC | 96,264 | $12.0M | 6.54% | −478−0.5% | Reduced |
| State of Tennessee, Treasury Department | 97,071 | $12.1M | 0.05% | −15,422−13.7% | Reduced |
| Shell Asset Management Co | 97,438 | $12.1M | 0.58% | −3,876−3.8% | Reduced |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 97,643 | $12.1M | 0.15% | +9,200+10.4% | Added |
| Heron Bay Capital Management | 97,868 | $12.2M | 2.56% | −716−0.7% | Reduced |
| Jump Financial, LLC | 99,222 | $12.3M | 0.19% | +87,379+737.8% | Added |
| Mackenzie Financial Corp | 100,090 | $12.5M | 0.02% | +5,997+6.4% | Added |
| Pictet North America Advisors SA | 100,094 | $12.5M | 1.24% | +7,172+7.7% | Added |
| Lountzis Asset Management, LLC | 109,081 | $12.5M | 4.73% | −11,821−9.8% | Reduced |
| Asset Management One Co.,Ltd. | 101,448 | $12.6M | 0.04% | +8,070+8.6% | Added |
| Hantz Financial Services, Inc. | 103,955 | $12.9M | 0.23% | −3,425−3.2% | Reduced |
| Cooper Investors Pty Ltd | 104,533 | $13.0M | 2.11% | −17,632−14.4% | Reduced |
| Wellington Management Group LLP | 104,816 | $13.0M | 0.00% | −35,480−25.3% | Reduced |
| Mirabella Financial Services LLP | 104,790 | $13.1M | 0.53% | +86,979+488.3% | Added |
| Resona Asset Management Co.,Ltd. | 107,499 | $13.3M | 0.08% | +5,737+5.6% | Added |
| D. E. Shaw & Co., Inc. | 108,262 | $13.5M | 0.02% | −86,904−44.5% | Reduced |
| Quantum Capital Management, LLC | 108,839 | $13.5M | 1.40% | −2,423−2.2% | Reduced |
| Treasurer of the State of North Carolina | 109,291 | $13.6M | 0.05% | +3,610+3.4% | Added |
| Moran Wealth Management, LLC | 111,317 | $13.8M | 0.47% | +82,234+282.8% | Added |
| Kennedy Capital Management, Inc. | 111,774 | $13.9M | 0.33% | −26,544−19.2% | Reduced |
| Vaughan David Investments LLC | 113,372 | $14.1M | 0.33% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 114,422 | $14.2M | 0.02% | −175,100−60.5% | Reduced |
| Yousif Capital Management, LLC | 114,786 | $14.3M | 0.17% | −9,472−7.6% | Reduced |
| Korea Investment CORP | 115,283 | $14.3M | 0.03% | +12,267+11.9% | Added |
| Umb Bank N A | 117,887 | $14.7M | 0.24% | +78+0.1% | Added |
| Segall Bryant & Hamill, LLC | 118,490 | $14.7M | 0.23% | −6,860−5.5% | Reduced |
| Mattern Capital Management, LLC | 118,562 | $14.7M | 1.88% | −8,176−6.5% | Reduced |
| Franklin Resources Inc | 119,072 | $14.8M | 0.00% | +275+0.2% | Added |
| Congress Wealth Management LLC | 125,781 | $15.3M | 0.18% | −16,002−11.3% | Reduced |
| Prudential Financial Inc | 123,376 | $15.3M | 0.02% | −1,465−1.2% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 124,466 | $15.5M | 0.05% | −83−0.1% | Reduced |
| Man Group plc | 126,474 | $15.7M | 0.05% | +3,533+2.9% | Added |
| Guggenheim Capital LLC | 126,719 | $15.8M | 0.15% | +8,628+7.3% | Added |
| Jacobs Levy Equity Management, Inc | 127,264 | $15.8M | 0.06% | +127,264 | New |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 133,181 | $16.6M | 0.03% | −36,644−21.6% | Reduced |
| Omers Administration Corp | 139,771 | $17.4M | 0.15% | −6,640−4.5% | Reduced |
| Public Employees Retirement System of Ohio | 140,022 | $17.4M | 0.06% | +48,356+52.8% | Added |
| Ensign Peak Advisors, Inc | 140,145 | $17.4M | 0.03% | +18,032+14.8% | Added |
| Running Oak Capital LLC | 140,490 | $17.5M | 2.11% | +731+0.5% | Added |
| 1832 Asset Management L.P. | 142,763 | $17.8M | 0.03% | −36,865−20.5% | Reduced |
| Wilson Asset Management (International) Pty Ltd | 143,443 | $17.8M | 4.77% | 00.0% | Unchanged |
| Aware Super Pty Ltd as trustee of Aware Super | 150,175 | $18.7M | 0.32% | +138,525+1,189.1% | Added |
| State of Wisconsin Investment Board | 156,993 | $19.5M | 0.05% | −71,451−31.3% | Reduced |
| Sanctuary Advisors, LLC | 160,412 | $20.0M | 0.14% | −3,147−1.9% | Reduced |
| Charter Trust Co | 160,568 | $20.0M | 1.32% | −971−0.6% | Reduced |
| Standard Life Aberdeen plc | 163,970 | $20.3M | 0.04% | +77,954+90.6% | Added |
| Commonwealth Equity Services, LLC | 171,763 | $21.4M | 0.03% | +2,925+1.7% | Added |
| Renaissance Technologies LLC | 173,000 | $21.5M | 0.03% | +36,000+26.3% | Added |
| Whittier Trust Co | 173,514 | $21.6M | 0.30% | −13,324−7.1% | Reduced |
| Sterling Capital Management LLC | 174,168 | $21.7M | 0.34% | −5,466−3.0% | Reduced |
| Baird Financial Group, Inc. | 175,218 | $21.8M | 0.04% | −3,041−1.7% | Reduced |
| Great West Life Assurance Co | 180,695 | $22.5M | 0.04% | −592−0.3% | Reduced |
| Zurich Insurance Group Ltd | 193,221 | $24.0M | 0.19% | −232,926−54.7% | Reduced |
| National Bank of Canada | 193,872 | $24.1M | 0.03% | +4,074+2.1% | Added |
| Summit Wealth Partners, LLC | 201,700 | $25.1M | 5.09% | −20,000−9.0% | Reduced |
| Voya Investment Management LLC | 204,438 | $25.4M | 0.03% | +37,240+22.3% | Added |
| New York State Teachers Retirement System | 208,028 | $25.9M | 0.06% | −3,880−1.8% | Reduced |
| Gotham Asset Management, LLC | 214,896 | $26.7M | 0.22% | +11,963+5.9% | Added |
| Russell Investments Group, Ltd. | 216,438 | $26.9M | 0.04% | +39,654+22.4% | Added |
| Robeco Institutional Asset Management B.V. | 235,104 | $29.2M | 0.06% | −437,182−65.0% | Reduced |
| Los Angeles Capital Management LLC | 236,854 | $29.5M | 0.13% | −252,162−51.6% | Reduced |
| Credit Agricole S A | 239,402 | $29.8M | 0.11% | −5,323−2.2% | Reduced |
| TD Asset Management Inc | 243,887 | $30.3M | 0.03% | +219+0.1% | Added |
| Alliancebernstein L.P. | 247,304 | $30.8M | 0.01% | +194+0.1% | Added |
| DekaBank Deutsche Girozentrale | 251,839 | $30.8M | 0.06% | −8,508−3.3% | Reduced |