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 |
|---|---|---|---|---|---|
| Forte Capital LLC | 69,990 | $8.71M | 1.03% | +94+0.1% | Added |
| Nisa Investment Advisors, LLC | 69,102 | $8.60M | 0.04% | −7,435−9.7% | Reduced |
| Ibex Wealth Advisors | 68,087 | $8.47M | 1.12% | +6,359+10.3% | Added |
| Boston Trust Walden Corp | 67,773 | $8.43M | 0.06% | −545−0.8% | Reduced |
| Creative Planning | 66,765 | $8.31M | 0.01% | +1,619+2.5% | Added |
| CIBC Asset Management Inc | 66,667 | $8.29M | 0.03% | +27,961+72.2% | Added |
| MetLife Investment Management | 66,237 | $8.24M | 0.04% | −1,237−1.8% | Reduced |
| State of Michigan Retirement System | 64,351 | $8.01M | 0.05% | −100−0.2% | Reduced |
| Advisor Group Holdings, Inc. | 63,880 | $7.95M | 0.02% | −2,912−4.4% | Reduced |
| Public Sector Pension Investment Board | 63,413 | $7.89M | 0.03% | +1,812+2.9% | Added |
| Vaughan Nelson Investment Management, L.P. | 60,935 | $7.58M | 0.08% | +2,020+3.4% | Added |
| Mariner, LLC | 60,689 | $7.55M | 0.01% | +307+0.5% | Added |
| Campbell & CO Investment Adviser LLC | 60,657 | $7.55M | 0.58% | +60,657 | New |
| Aviva PLC | 60,020 | $7.47M | 0.02% | +6,924+13.0% | Added |
| Corebridge Financial, Inc. | 59,034 | $7.34M | 0.04% | −2,336−3.8% | Reduced |
| Leavell Investment Management, Inc. | 58,148 | $7.23M | 0.36% | −1,404−2.4% | Reduced |
| Stonebridge Financial Group, LLC | 56,266 | $7.00M | 0.74% | −165−0.3% | Reduced |
| Teacher Retirement System of Texas | 54,832 | $6.82M | 0.03% | −234,510−81.0% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 54,614 | $6.79M | 0.08% | +46,450+569.0% | Added |
| Czech National Bank | 54,509 | $6.78M | 0.06% | +3,047+5.9% | Added |
| Verition Fund Management LLC | 54,463 | $6.78M | 0.04% | −29,443−35.1% | Reduced |
| Heirloom Wealth Management | 54,348 | $6.76M | 1.94% | +2,124+4.1% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 54,273 | $6.75M | 0.04% | +3,806+7.5% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 52,535 | $6.54M | 0.03% | +2,077+4.1% | Added |
| Advisory Services Network, LLC | 52,498 | $6.53M | 0.13% | −1,943−3.6% | Reduced |
| Amalgamated Bank | 52,235 | $6.50M | 0.06% | +331+0.6% | Added |
| Park National Corp | 51,634 | $6.42M | 0.24% | −166−0.3% | Reduced |
| O'Shaughnessy Asset Management, LLC | 51,234 | $6.37M | 0.05% | +10,937+27.1% | Added |
| Retirement Systems of Alabama | 50,998 | $6.34M | 0.02% | −389−0.8% | Reduced |
| WealthPLAN Partners, LLC | 50,775 | $6.32M | 0.89% | −562−1.1% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 49,399 | $6.15M | 0.02% | −3,112−5.9% | Reduced |
| Cerity Partners LLC | 49,275 | $6.13M | 0.01% | +1,136+2.4% | Added |
| Silphium Asset Management Ltd | 48,823 | $6.07M | 4.90% | +47+0.1% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 49,109 | $6.04M | 0.02% | +49,109 | New |
| British Columbia Investment Management Corp | 46,494 | $5.78M | 0.04% | +71+0.2% | Added |
| DnB Asset Management AS | 45,562 | $5.67M | 0.03% | +283+0.6% | Added |
| First National Bank of Omaha | 45,396 | $5.65M | 0.39% | −4,599−9.2% | Reduced |
| Davenport & Co LLC | 45,047 | $5.60M | 0.03% | +6,459+16.7% | Added |
| WCM Investment Management, LLC | 45,489 | $5.59M | 0.01% | −11,551−20.3% | Reduced |
| The PNC Financial Services Group, Inc. | 44,858 | $5.58M | 0.00% | +1,672+3.9% | Added |
| Mogy Joel R Investment Counsel Inc | 44,591 | $5.55M | 0.36% | +25,306+131.2% | Added |
| IFM Investors Pty Ltd | 44,556 | $5.54M | 0.06% | −1,665−3.6% | Reduced |
| Empowered Funds, LLC | 44,329 | $5.51M | 0.08% | +22,283+101.1% | Added |
| Xponance, Inc. | 44,168 | $5.49M | 0.05% | +372+0.8% | Added |
| Cetera Investment Advisers | 43,878 | $5.46M | 0.01% | +7,598+20.9% | Added |
| Forsta Ap-Fonden | 43,300 | $5.39M | 0.04% | −2,300−5.0% | Reduced |
| Acadian Asset Management LLC | 43,107 | $5.36M | 0.02% | −72,056−62.6% | Reduced |
| Wall Street Access Asset Management, LLC | 42,048 | $5.23M | 2.08% | −210.0% | Reduced |
| Tower Bridge Advisors | 40,904 | $5.09M | 0.57% | −1,762−4.1% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 41,124 | $5.07M | 0.05% | +3,292+8.7% | Added |
| HighTower Advisors, LLC | 40,171 | $5.00M | 0.01% | −46,128−53.5% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 40,033 | $4.98M | 0.01% | +2,937+7.9% | Added |
| Susquehanna International Group, LLP | 39,678 | $4.94M | 0.01% | −51,785−56.6% | Reduced |
| Utah Retirement Systems | 39,390 | $4.90M | 0.06% | 00.0% | Unchanged |
| Mutual of America Capital Management LLC | 37,683 | $4.69M | 0.05% | −1,658−4.2% | Reduced |
| Atria Investments LLC | 37,656 | $4.68M | 0.06% | +4,837+14.7% | Added |
| Catalyst Capital Advisors LLC | 37,527 | $4.67M | 0.10% | −2,173−5.5% | Reduced |
| D L Carlson Investment Group Inc | 37,468 | $4.66M | 0.90% | −2,613−6.5% | Reduced |
| Dorsey Wright & Associates | 37,306 | $4.64M | 1.18% | +3,171+9.3% | Added |
| Insight Wealth Strategies, LLC | 36,524 | $4.54M | 0.61% | +10,301+39.3% | Added |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 36,327 | $4.52M | 0.76% | +6,581+22.1% | Added |
| Caisse de Depot Et Placement du Quebec | 36,001 | $4.48M | 0.01% | −34,879−49.2% | Reduced |
| Legacy Financial Strategies, LLC | 35,801 | $4.45M | 0.97% | −6,172−14.7% | Reduced |
| Integrity Financial Corp | 35,774 | $4.45M | 2.52% | +10.0% | Added |
| Summit Financial, LLC | 35,415 | $4.41M | 0.12% | +28,390+404.1% | Added |
| First National Advisers, LLC | 35,262 | $4.39M | 0.70% | +2,716+8.3% | Added |
| Police & Firemen's Retirement System of New Jersey | 35,116 | $4.37M | 0.04% | 00.0% | Unchanged |
| Threadgill Financial, LLC | 34,563 | $4.30M | 2.30% | +161+0.5% | Added |
| KBC Group NV | 34,513 | $4.29M | 0.01% | −3,481−9.2% | Reduced |
| Southeast Asset Advisors Inc. | 34,287 | $4.27M | 0.52% | −7,481−17.9% | Reduced |
| Brendel Financial Advisors LLC | 34,114 | $4.24M | 2.58% | −450−1.3% | Reduced |
| Daiwa Securities Group Inc. | 34,063 | $4.24M | 0.02% | +2,344+7.4% | Added |
| Independent Advisor Alliance | 33,763 | $4.20M | 0.14% | −5,843−14.8% | Reduced |
| AQR Capital Management LLC | 33,444 | $4.13M | 0.00% | +9,264+38.3% | Added |
| Mirae Asset Global Investments Co., Ltd. | 32,993 | $4.06M | 0.02% | +3,362+11.3% | Added |
| AXA S.A. | 32,450 | $4.04M | 0.01% | −66−0.2% | Reduced |
| New York Life Investment Management LLC | 31,790 | $3.95M | 0.04% | −147−0.5% | Reduced |
| Nissay Asset Management Corp | 31,231 | $3.89M | 0.03% | +511+1.7% | Added |
| New Age Alpha Advisors, LLC | 31,192 | $3.88M | 0.17% | −98,105−75.9% | Reduced |
| Patton Fund Management, Inc. | 31,151 | $3.88M | 0.94% | −9,228−22.9% | Reduced |
| Numerai GP LLC | 30,931 | $3.85M | 0.73% | +25,208+440.5% | Added |
| Jackson Wealth Management, LLC | 30,715 | $3.82M | 0.46% | −520−1.7% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 30,091 | $3.74M | 0.04% | +4,371+17.0% | Added |
| Crawford Investment Counsel Inc | 30,004 | $3.73M | 0.07% | −615−2.0% | Reduced |
| Sciencast Management LP | 29,821 | $3.71M | 0.86% | +11,512+62.9% | Added |
| Ambassador Advisors, LLC | 29,797 | $3.71M | 0.65% | −225−0.7% | Reduced |
| Elser Financial Planning, Inc | 29,560 | $3.68M | 5.09% | −6,275−17.5% | Reduced |
| CHB Investment Group, LLC | 29,360 | $3.65M | 1.94% | −130.0% | Reduced |
| CIBC World Markets Inc. | 29,324 | $3.65M | 0.01% | +18,113+161.6% | Added |
| D.A. Davidson & Co. | 29,297 | $3.64M | 0.03% | −544−1.8% | Reduced |
| RSM US Wealth Management LLC | 29,178 | $3.63M | 0.06% | −2,161−6.9% | Reduced |
| Covey Capital Advisors, LLC | 29,157 | $3.63M | 4.18% | +164+0.6% | Added |
| Penobscot Investment Management Company, Inc. | 29,148 | $3.63M | 0.34% | +1,055+3.8% | Added |
| Janus Henderson Group PLC | 29,490 | $3.62M | 0.00% | +3,751+14.6% | Added |
| CIBC World Markets Corp | 28,886 | $3.59M | 0.03% | −8,823−23.4% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 28,636 | $3.56M | 0.01% | −13,820−32.6% | Reduced |
| Steward Partners Investment Advisory, LLC | 28,582 | $3.56M | 0.03% | −9,281−24.5% | Reduced |
| MML Investors Services, LLC | 28,312 | $3.52M | 0.01% | +1,593+6.0% | Added |
| Ethic Inc. | 28,275 | $3.51M | 0.07% | +3,848+15.8% | Added |
| Coldstream Capital Management Inc | 28,205 | $3.51M | 0.07% | −2,600−8.4% | Reduced |