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 |
|---|---|---|---|---|---|
| Motley Fool Wealth Management, LLC | 253,443 | $31.5M | 1.86% | −24,162−8.7% | Reduced |
| Public Employees Retirement Association of Colorado | 254,091 | $31.6M | 0.13% | +66,800+35.7% | Added |
| State Board of Administration of Florida Retirement System | 258,757 | $32.2M | 0.06% | −1,780−0.7% | Reduced |
| Janney Montgomery Scott LLC | 265,227 | $33.0M | 0.09% | −28,383−9.7% | Reduced |
| Philo Smith Capital Corp | 272,450 | $33.9M | 9.32% | −20,000−6.8% | Reduced |
| Candriam Luxembourg S.C.A. | 273,043 | $34.0M | 0.21% | +17,417+6.8% | Added |
| Citigroup Inc | 279,713 | $34.8M | 0.03% | +76,247+37.5% | Added |
| Truist Financial Corp | 280,297 | $34.9M | 0.06% | +1,163+0.4% | Added |
| LPL Financial LLC | 281,572 | $35.0M | 0.01% | +63,724+29.3% | Added |
| Prospector Partners LLC | 283,640 | $35.3M | 4.03% | −1,530−0.5% | Reduced |
| Local Pensions Partnership Investment Ltd | 284,000 | $35.3M | 0.70% | 00.0% | Unchanged |
| Allianz Asset Management GmbH | 286,452 | $35.6M | 0.05% | −136,565−32.3% | Reduced |
| Intech Investment Management LLC | 287,115 | $35.7M | 0.37% | −197,664−40.8% | Reduced |
| Neuberger Berman Group LLC | 289,704 | $36.0M | 0.03% | +199,463+221.0% | Added |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 294,603 | $36.6M | 1.35% | −206−0.1% | Reduced |
| Vancity Investment Management Ltd | 297,938 | $37.1M | 5.08% | +297,938 | New |
| Osterweis Capital Management Inc | 300,979 | $37.4M | 1.85% | −7,897−2.6% | Reduced |
| APG Asset Management N.V. | 325,655 | $37.5M | 0.12% | −56,417−14.8% | Reduced |
| Visualize Group LP | 305,991 | $38.1M | 12.54% | +138,791+83.0% | Added |
| Cresset Asset Management, LLC | 311,986 | $38.8M | 0.19% | −17,431−5.3% | Reduced |
| Ferguson Wellman Capital Management, Inc | 312,116 | $38.8M | 0.75% | +7,725+2.5% | Added |
| Amundi | 314,762 | $39.2M | 0.01% | −363,770−53.6% | Reduced |
| Port Capital LLC | 315,815 | $39.3M | 1.78% | +75,483+31.4% | Added |
| BNP Paribas Arbitrage, SA | 316,372 | $39.4M | 0.03% | −87,275−21.6% | Reduced |
| Renaissance Group LLC | 320,889 | $39.9M | 1.76% | +320,889 | New |
| Victory Capital Management Inc | 324,055 | $40.3M | 0.04% | +19,650+6.5% | Added |
| National Pension Service | 341,513 | $42.5M | 0.04% | +1,321+0.4% | Added |
| Pictet Asset Management Holding SA | 343,108 | $42.7M | 0.05% | +19,226+5.9% | Added |
| California State Teachers Retirement System | 343,657 | $42.8M | 0.05% | −3,622−1.0% | Reduced |
| Stifel Financial Corp | 357,649 | $44.5M | 0.05% | −15,368−4.1% | Reduced |
| Danske Bank A/S | 358,108 | $44.5M | 0.14% | +147,817+70.3% | Added |
| TimesSquare Capital Management, LLC | 358,962 | $44.7M | 0.72% | −32,910−8.4% | Reduced |
| Cookson Peirce & Co Inc | 400,113 | $49.8M | 2.50% | −7,298−1.8% | Reduced |
| Rathbone Brothers plc | 406,379 | $50.6M | 0.24% | +130,922+47.5% | Added |
| CI Private Wealth, LLC | 424,112 | $52.8M | 0.09% | +12,162+3.0% | Added |
| Polar Capital Holdings Plc | 425,000 | $52.9M | 0.33% | +12,500+3.0% | Added |
| Nomura Asset Management Co Ltd | 427,448 | $53.2M | 0.16% | −14,245−3.2% | Reduced |
| EULAV Asset Management | 444,900 | $55.3M | 1.37% | +14,000+3.2% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 471,023 | $58.6M | 0.05% | +37,179+8.6% | Added |
| Abn Amro Investment Solutions | 473,219 | $58.9M | 1.23% | +473,219 | New |
| HSBC Holdings PLC | 490,293 | $60.8M | 0.04% | −62,027−11.2% | Reduced |
| Confluence Investment Management LLC | 493,525 | $61.4M | 0.88% | −30,862−5.9% | Reduced |
| Dundas Partners LLP | 503,111 | $62.6M | 4.61% | 00.0% | Unchanged |
| Rhumbline Advisers | 513,570 | $63.9M | 0.06% | +490+0.1% | Added |
| Schwartz Investment Counsel Inc | 519,150 | $64.6M | 2.22% | 00.0% | Unchanged |
| Mitsubishi UFJ Trust & Banking Corp | 530,887 | $66.0M | 0.17% | +206,645+63.7% | Added |
| Bank of Montreal | 532,240 | $66.2M | 0.04% | +153,100+40.4% | Added |
| CBOE Vest Financial, LLC | 533,273 | $66.3M | 1.03% | −7,641−1.4% | Reduced |
| FMR LLC | 534,246 | $66.5M | 0.00% | −62,893−10.5% | Reduced |
| Worldquant Millennium Advisors LLC | 537,532 | $66.9M | 0.42% | +229,137+74.3% | Added |
| Snyder Capital Management L P | 551,133 | $68.6M | 1.50% | −11,595−2.1% | Reduced |
| Ameriprise Financial Inc | 559,991 | $69.7M | 0.02% | −29,127−4.9% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 582,811 | $72.5M | 0.05% | +5,106+0.9% | Added |
| Nuveen, LLC | 585,971 | $72.9M | 0.02% | +585,971 | New |
| SEI Investments Co | 603,482 | $75.1M | 0.10% | +228,555+61.0% | Added |
| FIL Ltd | 619,358 | $77.0M | 0.07% | +80,925+15.0% | Added |
| Assenagon Asset Management S.A. | 628,690 | $78.2M | 0.14% | +350,236+125.8% | Added |
| Nordea Investment Management AB | 639,864 | $79.4M | 0.08% | +618,118+2,842.4% | Added |
| Brown Brothers Harriman & Co | 640,661 | $79.7M | 0.56% | +63,206+10.9% | Added |
| Millennium Management LLC | 649,852 | $80.8M | 0.08% | +22,039+3.5% | Added |
| Captrust Financial Advisors | 650,098 | $80.9M | 0.20% | +576,466+782.9% | Added |
| First Trust Advisors LP | 656,167 | $81.6M | 0.07% | −1,693,872−72.1% | Reduced |
| Price T Rowe Associates Inc | 676,839 | $84.2M | 0.01% | −8,418−1.2% | Reduced |
| Swiss National Bank | 685,500 | $85.3M | 0.06% | +500+0.1% | Added |
| Storebrand Asset Management AS | 737,323 | $91.7M | 0.30% | −685,478−48.2% | Reduced |
| Tandem Investment Advisors, Inc. | 764,709 | $95.1M | 3.32% | +18,677+2.5% | Added |
| Macquarie Group Ltd | 764,725 | $95.1M | 0.12% | −44,197−5.5% | Reduced |
| JPMorgan Chase & Co | 799,471 | $99.5M | 0.01% | +82,514+11.5% | Added |
| Envestnet Asset Management Inc | 801,194 | $99.7M | 0.03% | +46,638+6.2% | Added |
| Clarkston Capital Partners, LLC | 950,710 | $118.3M | 2.33% | +2,730+0.3% | Added |
| Natixis Advisors, L.P. | 958,273 | $119.2M | 0.22% | +116,505+13.8% | Added |
| Deutsche Bank AG | 1,028,081 | $127.9M | 0.05% | −403,481−28.2% | Reduced |
| Gobi Capital LLC | 1,065,937 | $132.6M | 7.55% | −10,900−1.0% | Reduced |
| California Public Employees Retirement System | 1,071,011 | $133.2M | 0.09% | −31,959−2.9% | Reduced |
| Chilton Investment Co LLC | 1,086,607 | $135.2M | 3.30% | +54,282+5.3% | Added |
| Congress Asset Management Co | 1,110,721 | $138.2M | 1.03% | −164,163−12.9% | Reduced |
| Legal & General Group Plc | 1,121,860 | $139.6M | 0.04% | +17,458+1.6% | Added |
| Raymond James Financial Inc | 1,169,936 | $145.5M | 0.05% | +465,028+66.0% | Added |
| UBS Group AG | 1,244,253 | $154.8M | 0.03% | −152,856−10.9% | Reduced |
| Close Asset Management Ltd | 1,257,688 | $156.5M | 4.50% | −109,650−8.0% | Reduced |
| CIBC Private Wealth Group, LLC | 1,405,429 | $158.0M | 0.33% | +14,427+1.0% | Added |
| Handelsbanken Fonder AB | 1,314,434 | $163.5M | 0.67% | +832,100+172.5% | Added |
| Bank of New York Mellon Corp | 1,328,262 | $165.2M | 0.03% | −48,742−3.5% | Reduced |
| Charles Schwab Investment Management Inc | 1,374,678 | $171.0M | 0.03% | +18,143+1.3% | Added |
| Dimensional Fund Advisors LP | 1,535,805 | $191.0M | 0.05% | −28,380−1.8% | Reduced |
| UBS Asset Management Americas Inc | 1,585,840 | $197.3M | 0.05% | +19,576+1.2% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 1,620,536 | $201.6M | 0.49% | +9,250+0.6% | Added |
| ProShare Advisors LLC | 1,667,543 | $207.4M | 0.47% | −178,606−9.7% | Reduced |
| Royal London Asset Management Ltd | 1,729,576 | $215.2M | 0.51% | −38,494−2.2% | Reduced |
| First Eagle Investment Management, LLC | 1,921,699 | $239.1M | 0.50% | +7,414+0.4% | Added |
| Goldman Sachs Group Inc | 2,006,096 | $249.6M | 0.05% | −266,040−11.7% | Reduced |
| Madison Asset Management, LLC | 2,060,954 | $256.4M | 2.86% | +119,856+6.2% | Added |
| Fenimore Asset Management Inc | 2,144,293 | $266.7M | 5.65% | −154,215−6.7% | Reduced |
| Bank of America Corp | 2,313,431 | $287.8M | 0.03% | +309,638+15.5% | Added |
| Northern Trust Corp | 2,353,376 | $292.8M | 0.04% | +33,178+1.4% | Added |
| Manufacturers Life Insurance Company, The | 2,380,723 | $296.2M | 0.28% | −29,392−1.2% | Reduced |
| Barclays PLC | 2,383,584 | $296.5M | 0.13% | +126,377+5.6% | Added |
| Royal Bank of Canada | 3,063,741 | $381.1M | 0.09% | +181,315+6.3% | Added |
| Norges Bank | 3,094,631 | $385.0M | 0.05% | +22,570+0.7% | Added |
| Wells Fargo & Company | 3,251,650 | $404.5M | 0.10% | +16,605+0.5% | Added |