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, Q2 2025
Institutional positions in Brown & Brown, Inc. as of Jun 30, 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
- 931
- +32 vs. Q1 2025
- Shares held
- 266.5M
- +47.3M (+21.6%) vs. Q1 2025
- Total value
- $29.5B
- +$2.29B (+8.4%) vs. Q1 2025
- New holders
- 132
- 370 more added
- Sold out
- 100
- 307 more reduced
12 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 35,625,322 | $3.95B | 0.06% | +5,124,203+16.8% | Added |
| BlackRock, Inc. | 20,516,565 | $2.27B | 0.04% | +2,126,893+11.6% | Added |
| Principal Financial Group Inc | 13,594,961 | $1.51B | 0.80% | +654,915+5.1% | Added |
| State Street Corp | 12,460,821 | $1.38B | 0.05% | +1,262,139+11.3% | Added |
| Capital World Investors | 9,651,397 | $1.07B | 0.16% | +1,386,443+16.8% | Added |
| FMR LLC | 8,439,534 | $935.7M | 0.05% | +7,905,288+1,479.7% | Added |
| Geode Capital Management, LLC | 7,369,576 | $813.6M | 0.06% | +1,050,350+16.6% | Added |
| Parnassus Investments | 7,017,120 | $778.0M | 1.79% | −210,685−2.9% | Reduced |
| Select Equity Group, L.P. | 5,745,705 | $637.0M | 2.71% | −528,667−8.4% | Reduced |
| Morgan Stanley | 5,721,498 | $634.3M | 0.04% | −1,681,032−22.7% | Reduced |
| Citadel Advisors LLC | 5,267,297 | $584.0M | 0.51% | +5,254,331+40,523.9% | Added |
| Balyasny Asset Management LLC | 4,456,748 | $494.1M | 1.12% | +4,452,153+96,891.3% | Added |
| Invesco Ltd. | 4,166,370 | $461.9M | 0.08% | +46,235+1.1% | Added |
| Norges Bank | 3,912,149 | $433.7M | 0.05% | +817,518+26.4% | Added |
| Allspring Global Investments Holdings, LLC | 3,411,227 | $371.6M | 0.62% | −295,700−8.0% | Reduced |
| Royal Bank of Canada | 3,195,523 | $354.3M | 0.07% | +131,782+4.3% | Added |
| Wells Fargo & Company | 3,143,994 | $348.6M | 0.08% | −107,656−3.3% | Reduced |
| Barclays PLC | 2,981,838 | $330.6M | 0.13% | +598,254+25.1% | Added |
| Bank of America Corp | 2,703,009 | $299.7M | 0.02% | +389,578+16.8% | Added |
| Northern Trust Corp | 2,518,757 | $279.3M | 0.04% | +165,381+7.0% | Added |
| Caisse de Depot Et Placement du Quebec | 2,438,354 | $270.3M | 0.58% | +2,402,353+6,673.0% | Added |
| Manufacturers Life Insurance Company, The | 2,344,254 | $259.9M | 0.23% | −36,469−1.5% | Reduced |
| Fenimore Asset Management Inc | 2,140,192 | $237.3M | 4.74% | −4,101−0.2% | Reduced |
| Goldman Sachs Group Inc | 2,132,117 | $236.4M | 0.04% | +126,021+6.3% | Added |
| Ghisallo Capital Management LLC | 2,100,000 | $232.8M | 6.22% | +2,100,000 | New |
| Madison Asset Management, LLC | 2,042,286 | $226.4M | 2.45% | −18,668−0.9% | Reduced |
| UBS Asset Management Americas Inc | 1,915,992 | $212.4M | 0.04% | +330,152+20.8% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 1,736,179 | $192.5M | 0.39% | +1,733,350+61,270.8% | Added |
| Deutsche Bank AG | 1,634,964 | $181.3M | 0.07% | +606,883+59.0% | Added |
| Charles Schwab Investment Management Inc | 1,621,421 | $179.8M | 0.03% | +246,743+17.9% | Added |
| Dimensional Fund Advisors LP | 1,552,011 | $172.1M | 0.04% | +16,206+1.1% | Added |
| Boston Partners | 1,544,503 | $171.2M | 0.19% | +1,544,503 | New |
| Chilton Investment Co LLC | 1,500,600 | $166.4M | 3.69% | +413,993+38.1% | Added |
| Royal London Asset Management Ltd | 1,444,467 | $160.1M | 0.37% | −285,109−16.5% | Reduced |
| CIBC Private Wealth Group, LLC | 1,421,189 | $157.6M | 0.28% | +15,760+1.1% | Added |
| ProShare Advisors LLC | 1,405,977 | $155.9M | 0.31% | −261,566−15.7% | Reduced |
| Bank of New York Mellon Corp | 1,368,855 | $151.8M | 0.03% | +40,593+3.1% | Added |
| Handelsbanken Fonder AB | 1,260,034 | $139.7M | 0.50% | −54,400−4.1% | Reduced |
| Kayne Anderson Rudnick Investment Management LLC | 1,234,443 | $136.9M | 0.33% | −386,093−23.8% | Reduced |
| Freestone Grove Partners LP | 1,144,514 | $126.9M | 0.96% | +1,144,514 | New |
| Raymond James Financial Inc | 1,135,901 | $125.9M | 0.04% | −34,035−2.9% | Reduced |
| Natixis Advisors, L.P. | 1,130,631 | $125.4M | 0.20% | +172,358+18.0% | Added |
| Legal & General Group Plc | 1,117,213 | $123.9M | 0.03% | −4,647−0.4% | Reduced |
| Woodline Partners LP | 1,079,076 | $119.6M | 0.63% | +1,079,076 | New |
| Gobi Capital LLC | 1,056,704 | $117.2M | 5.80% | −9,233−0.9% | Reduced |
| Soros Fund Management LLCSuperinvestorSoros Fund Management | 1,000,000 | $110.9M | 1.90% | +1,000,000 | New |
| Jain Global LLC | 997,801 | $110.6M | 1.72% | +997,801 | New |
| Assenagon Asset Management S.A. | 952,423 | $105.6M | 0.17% | +323,733+51.5% | Added |
| Two Sigma Investments, LP | 945,650 | $104.8M | 0.19% | +945,650 | New |
| California Public Employees Retirement System | 924,422 | $102.5M | 0.07% | −146,589−13.7% | Reduced |
| Millennium Management LLC | 924,182 | $102.5M | 0.09% | +274,330+42.2% | Added |
| UBS Group AG | 892,199 | $98.9M | 0.02% | −352,054−28.3% | Reduced |
| Swiss National Bank | 887,700 | $98.4M | 0.06% | +202,200+29.5% | Added |
| Macquarie Group Ltd | 860,755 | $95.4M | 0.12% | +96,030+12.6% | Added |
| Congress Asset Management Co | 840,488 | $93.2M | 0.64% | −270,233−24.3% | Reduced |
| Tandem Investment Advisors, Inc. | 816,177 | $90.5M | 3.17% | +51,468+6.7% | Added |
| Amundi | 832,677 | $89.8M | 0.03% | +517,915+164.5% | Added |
| Renaissance Technologies LLC | 803,112 | $89.0M | 0.12% | +630,112+364.2% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 760,893 | $84.4M | 0.05% | +178,082+30.6% | Added |
| Burkehill Global Management, LP | 750,000 | $83.2M | 6.14% | +750,000 | New |
| Seven Grand Managers, LLC | 750,000 | $83.2M | 9.97% | +750,000 | New |
| Clarkston Capital Partners, LLC | 745,985 | $82.7M | 1.76% | −204,725−21.5% | Reduced |
| Envestnet Asset Management Inc | 741,295 | $82.2M | 0.02% | −59,899−7.5% | Reduced |
| JPMorgan Chase & Co | 714,668 | $79.2M | 0.01% | −84,803−10.6% | Reduced |
| Price T Rowe Associates Inc | 706,967 | $78.4M | 0.01% | +30,128+4.5% | Added |
| Nuveen, LLC | 705,582 | $78.2M | 0.02% | +119,611+20.4% | Added |
| Prana Capital Management, LP | 700,592 | $77.7M | 2.81% | +700,592 | New |
| Adage Capital Partners GP, L.L.C. | 676,700 | $75.0M | 0.13% | +676,700 | New |
| First Trust Advisors LP | 644,202 | $71.4M | 0.06% | −11,965−1.8% | Reduced |
| SEI Investments Co | 631,809 | $70.0M | 0.08% | +28,327+4.7% | Added |
| Brown Brothers Harriman & Co | 630,158 | $69.9M | 0.45% | −10,503−1.6% | Reduced |
| Holocene Advisors, LP | 606,427 | $67.2M | 0.17% | +606,427 | New |
| Rathbone Brothers plc | 589,460 | $65.4M | 0.28% | +183,081+45.1% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 586,834 | $65.1M | 0.05% | +115,811+24.6% | Added |
| D. E. Shaw & Co., Inc. | 583,720 | $64.7M | 0.06% | +475,458+439.2% | Added |
| Snyder Capital Management L P | 572,783 | $63.5M | 1.35% | +21,650+3.9% | Added |
| BNP Paribas Arbitrage, SA | 561,041 | $62.2M | 0.05% | +244,669+77.3% | Added |
| HSBC Holdings PLC | 553,932 | $61.3M | 0.04% | +63,639+13.0% | Added |
| Polar Capital Holdings Plc | 540,000 | $59.9M | 0.31% | +115,000+27.1% | Added |
| Squarepoint Ops LLC | 539,363 | $59.8M | 0.13% | +459,202+572.8% | Added |
| Rhumbline Advisers | 530,691 | $58.8M | 0.05% | +17,121+3.3% | Added |
| Schwartz Investment Counsel Inc | 519,150 | $57.6M | 1.90% | 00.0% | Unchanged |
| Bank of Montreal | 515,601 | $57.2M | 0.03% | −16,639−3.1% | Reduced |
| Nordea Investment Management AB | 514,958 | $56.4M | 0.05% | −124,906−19.5% | Reduced |
| Dundas Partners LLP | 503,111 | $55.8M | 3.88% | 00.0% | Unchanged |
| Captrust Financial Advisors | 498,559 | $55.3M | 0.12% | −151,539−23.3% | Reduced |
| Verition Fund Management LLC | 487,054 | $54.0M | 0.31% | +432,591+794.3% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 486,470 | $53.9M | 0.12% | −44,417−8.4% | Reduced |
| CBOE Vest Financial, LLC | 461,439 | $51.2M | 0.72% | −71,834−13.5% | Reduced |
| Gillson Capital LP | 456,930 | $50.7M | 3.87% | +456,930 | New |
| Robeco Institutional Asset Management B.V. | 451,153 | $50.0M | 0.08% | +216,049+91.9% | Added |
| TimesSquare Capital Management, LLC | 449,542 | $49.8M | 0.72% | +90,580+25.2% | Added |
| Abn Amro Investment Solutions | 447,209 | $49.6M | 0.99% | −26,010−5.5% | Reduced |
| EULAV Asset Management | 444,900 | $49.3M | 1.16% | 00.0% | Unchanged |
| Citigroup Inc | 408,784 | $45.3M | 0.03% | +129,071+46.1% | Added |
| Nomura Asset Management Co Ltd | 402,636 | $44.6M | 0.12% | −24,812−5.8% | Reduced |
| Cookson Peirce & Co Inc | 391,711 | $43.4M | 1.91% | −8,402−2.1% | Reduced |
| Stifel Financial Corp | 388,660 | $43.1M | 0.04% | +31,011+8.7% | Added |
| Storebrand Asset Management AS | 373,205 | $41.4M | 0.12% | −364,118−49.4% | Reduced |
| California State Teachers Retirement System | 373,135 | $41.4M | 0.05% | +29,478+8.6% | Added |