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 |
|---|---|---|---|---|---|
| State of Alaska, Department of Revenue | 27,803 | $3.46M | 0.04% | +745+2.8% | Added |
| Bank of Nova Scotia | 27,679 | $3.44M | 0.01% | −7,469−21.3% | Reduced |
| Ironwood Investment Counsel, LLC | 27,088 | $3.37M | 0.58% | −275−1.0% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 27,057 | $3.37M | 0.01% | +9,467+53.8% | Added |
| Wealthcare Advisory Partners LLC | 27,022 | $3.36M | 0.09% | −1,321−4.7% | Reduced |
| Pacer Advisors, Inc. | 26,826 | $3.34M | 0.01% | −7,300−21.4% | Reduced |
| Panagora Asset Management Inc | 26,760 | $3.33M | 0.02% | −2,949−9.9% | Reduced |
| Henshaw Capital LLC | 26,206 | $3.26M | 0.14% | −10,292−28.2% | Reduced |
| Savant Capital, LLC | 25,755 | $3.20M | 0.03% | +9,190+55.5% | Added |
| OP Asset Management Ltd | 25,642 | $3.19M | 0.05% | +25,642 | New |
| Cim, LLC | 25,495 | $3.17M | 0.47% | +11,059+76.6% | Added |
| JustInvest LLC | 25,376 | $3.16M | 0.05% | +1,389+5.8% | Added |
| Stephens Inc | 24,655 | $3.07M | 0.04% | −432−1.7% | Reduced |
| IFP Advisors, Inc | 24,429 | $3.04M | 0.09% | +2,789+12.9% | Added |
| Jefferies Financial Group Inc. | 24,464 | $3.04M | 0.05% | +24,464 | New |
| Toroso Investments, LLC | 24,449 | $3.04M | 0.03% | −219,765−90.0% | Reduced |
| Peninsula Asset Management Inc | 24,335 | $3.03M | 1.68% | +24,335 | New |
| UniSuper Management Pty Ltd | 24,197 | $3.01M | 0.02% | −1,440−5.6% | Reduced |
| Oppenheimer Asset Management Inc. | 24,191 | $3.01M | 0.04% | −2,160−8.2% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 24,011 | $2.99M | 0.01% | +1,264+5.6% | Added |
| Harbor Advisors LLC | 24,000 | $2.99M | 0.52% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 23,698 | $2.95M | 0.01% | +2,168+10.1% | Added |
| Roundview Capital LLC | 23,586 | $2.93M | 0.21% | +8,648+57.9% | Added |
| Agf Management Ltd | 23,555 | $2.93M | 0.02% | +90.0% | Added |
| Procyon Private Wealth Partners, LLC | 23,404 | $2.91M | 0.18% | +632+2.8% | Added |
| QRG Capital Management, Inc. | 23,331 | $2.90M | 0.03% | +3,141+15.6% | Added |
| Steel Peak Wealth Management LLC | 23,152 | $2.88M | 0.12% | +23,152 | New |
| Sabal Trust CO | 22,850 | $2.84M | 0.16% | 00.0% | Unchanged |
| Andra AP-fonden | 22,804 | $2.84M | 0.05% | −31,796−58.2% | Reduced |
| J. Safra Sarasin Holding AG | 22,733 | $2.83M | 0.05% | +22,733 | New |
| Crossmark Global Holdings, Inc. | 22,530 | $2.80M | 0.05% | −372−1.6% | Reduced |
| Blair William & Co | 22,071 | $2.75M | 0.01% | −3,749−14.5% | Reduced |
| Salem Investment Counselors Inc | 22,000 | $2.74M | 0.10% | 00.0% | Unchanged |
| Rakuten Investment Management, Inc. | 21,850 | $2.69M | 0.01% | +21,850 | New |
| Northwestern Mutual Wealth Management Co | 21,438 | $2.67M | 0.00% | +517+2.5% | Added |
| Achmea Investment Management B.V. | 21,300 | $2.65M | 0.04% | −1,347−5.9% | Reduced |
| Penserra Capital Management LLC | 20,842 | $2.59M | 0.05% | +19,116+1,107.5% | Added |
| Cacti Asset Management LLC | 21,000 | $2.58M | 0.21% | 00.0% | Unchanged |
| Illinois Municipal Retirement Fund | 20,702 | $2.58M | 0.04% | 00.0% | Unchanged |
| Bessemer Group Inc | 20,607 | $2.56M | 0.00% | −2,412−10.5% | Reduced |
| Oregon Public Employees Retirement Fund | 20,389 | $2.54M | 0.05% | +100.0% | Added |
| CX Institutional | 20,282 | $2.52M | 0.10% | +630+3.2% | Added |
| Rockefeller Capital Management L.P. | 19,374 | $2.41M | 0.01% | −1,437−6.9% | Reduced |
| Mitchell Capital Management Co | 19,372 | $2.41M | 0.46% | +19,372 | New |
| Prospera Financial Services Inc | 19,070 | $2.37M | 0.05% | +134+0.7% | Added |
| Mizuho Securities USA LLC | 19,002 | $2.36M | 0.05% | −3,493−15.5% | Reduced |
| GWM Advisors LLC | 18,971 | $2.36M | 0.01% | +846+4.7% | Added |
| Tredje AP-fonden | 18,787 | $2.34M | 0.02% | 00.0% | Unchanged |
| Trueblood Wealth Management, LLC | 18,689 | $2.32M | 1.08% | +1,156+6.6% | Added |
| Cambridge Investment Research Advisors, Inc. | 18,603 | $2.31M | 0.01% | +3,351+22.0% | Added |
| Wedge Capital Management L L P | 18,406 | $2.29M | 0.04% | −2,467−11.8% | Reduced |
| Suncoast Equity Management | 18,375 | $2.29M | 0.26% | +2,365+14.8% | Added |
| Teachers Retirement System of the State of Kentucky | 18,344 | $2.28M | 0.02% | +683+3.9% | Added |
| Kesler, Norman & Wride, LLC | 18,143 | $2.26M | 0.43% | +192+1.1% | Added |
| Metis Global Partners, LLC | 18,065 | $2.25M | 0.06% | +2,403+15.3% | Added |
| PGGM Investments | 17,910 | $2.23M | 0.03% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 17,862 | $2.22M | 0.06% | +17,862 | New |
| Schroder Investment Management Group | 18,067 | $2.22M | 0.00% | −529−2.8% | Reduced |
| AE Wealth Management LLC | 17,772 | $2.21M | 0.02% | −411−2.3% | Reduced |
| Ameriflex Group, Inc. | 17,590 | $2.19M | 0.89% | −55−0.3% | Reduced |
| Zacks Investment Management | 17,512 | $2.18M | 0.02% | +515+3.0% | Added |
| We Are One Seven, LLC | 17,352 | $2.16M | 0.08% | −1,920−10.0% | Reduced |
| Fiduciary Trust Co | 17,322 | $2.15M | 0.03% | +2,072+13.6% | Added |
| Keybank National Association | 17,124 | $2.13M | 0.01% | −2,796−14.0% | Reduced |
| Ameritas Investment Partners, Inc. | 17,070 | $2.12M | 0.07% | −2,494−12.7% | Reduced |
| Landscape Capital Management, L.L.C. | 16,744 | $2.08M | 0.19% | +14,063+524.5% | Added |
| Swiss Life Asset Management Ltd | 16,533 | $2.06M | 0.01% | +5,807+54.1% | Added |
| Evermay Wealth Management LLC | 16,495 | $2.05M | 0.27% | −485−2.9% | Reduced |
| Kentucky Retirement Systems | 16,304 | $2.03M | 0.06% | +34+0.2% | Added |
| Prudential PLC | 15,929 | $1.98M | 0.01% | 00.0% | Unchanged |
| Glenmede Trust Co NA | 15,818 | $1.97M | 0.01% | −182−1.1% | Reduced |
| TD Waterhouse Canada Inc. | 15,789 | $1.95M | 0.02% | +14,866+1,610.6% | Added |
| Capital Investment Advisors, LLC | 15,503 | $1.93M | 0.04% | +15,503 | New |
| Greenleaf Trust | 15,441 | $1.92M | 0.02% | −34−0.2% | Reduced |
| Otter Creek Advisors, LLC | 15,387 | $1.91M | 1.33% | −17,608−53.4% | Reduced |
| Davidson Kahn Capital Management, LLC | 15,379 | $1.91M | 1.48% | +4,303+38.8% | Added |
| Avanza Fonder AB | 15,275 | $1.90M | 0.06% | −4,804−23.9% | Reduced |
| Bokf, NA | 15,174 | $1.89M | 0.03% | −1,906−11.2% | Reduced |
| BOK Financial Private Wealth, Inc. | 15,045 | $1.87M | 0.14% | −3,675−19.6% | Reduced |
| Hartford Investment Management Co | 14,759 | $1.84M | 0.06% | −152−1.0% | Reduced |
| Inceptionr LLC | 14,702 | $1.83M | 0.55% | −2,860−16.3% | Reduced |
| M&T Bank Corp | 14,693 | $1.83M | 0.01% | +5,323+56.8% | Added |
| Nicholson Wealth Management Group, LLC | 14,536 | $1.81M | 1.19% | +277+1.9% | Added |
| SG Americas Securities, LLC | 14,537 | $1.81M | 0.01% | +2,304+18.8% | Added |
| Mount Lucas Management LP | 14,398 | $1.79M | 0.84% | −465−3.1% | Reduced |
| Gibbs Wealth Management | 14,271 | $1.78M | 0.43% | +2,181+18.0% | Added |
| Everence Capital Management Inc | 14,270 | $1.77M | 0.12% | 00.0% | Unchanged |
| Cyndeo Wealth Partners, LLC | 14,235 | $1.77M | 0.12% | +2,027+16.6% | Added |
| Federated Hermes, Inc. | 14,077 | $1.75M | 0.00% | −82,349−85.4% | Reduced |
| Fairbanks Capital Management, Inc. | 13,947 | $1.74M | 1.12% | +13,947 | New |
| Gulf International Bank (UK) Ltd | 13,788 | $1.72M | 0.06% | −5,086−26.9% | Reduced |
| NEOS Investment Management LLC | 13,689 | $1.70M | 0.03% | +2,506+22.4% | Added |
| SlateStone Wealth, LLC | 13,525 | $1.68M | 0.17% | −2,225−14.1% | Reduced |
| Virtus Investment Advisers, Inc. | 13,527 | $1.68M | 0.46% | +11,803+684.6% | Added |
| Prevail Innovative Wealth Advisors, LLC | 13,490 | $1.68M | 0.45% | −3,953−22.7% | Reduced |
| HB Wealth Management, LLC | 13,463 | $1.67M | 0.01% | +7,311+118.8% | Added |
| Lombard Odier Asset Management (USA) Corp | 13,277 | $1.65M | 0.56% | +13,277 | New |
| Wealthfront Advisers LLC | 13,189 | $1.64M | 0.00% | +2,752+26.4% | Added |
| Canada Pension Plan Investment Board | 13,053 | $1.62M | 0.00% | +12,708+3,683.5% | Added |
| Citadel Advisors LLC | 12,966 | $1.61M | 0.00% | +12,807+8,054.7% | Added |