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 |
|---|---|---|---|---|---|
| Dimensional Fund Advisors LP | 1,552,011 | $172.1M | 0.04% | +16,206+1.1% | Added |
| Charles Schwab Investment Management Inc | 1,621,421 | $179.8M | 0.03% | +246,743+17.9% | Added |
| Deutsche Bank AG | 1,634,964 | $181.3M | 0.07% | +606,883+59.0% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 1,736,179 | $192.5M | 0.39% | +1,733,350+61,270.8% | Added |
| UBS Asset Management Americas Inc | 1,915,992 | $212.4M | 0.04% | +330,152+20.8% | Added |
| Madison Asset Management, LLC | 2,042,286 | $226.4M | 2.45% | −18,668−0.9% | Reduced |
| Ghisallo Capital Management LLC | 2,100,000 | $232.8M | 6.22% | +2,100,000 | New |
| Goldman Sachs Group Inc | 2,132,117 | $236.4M | 0.04% | +126,021+6.3% | Added |
| Fenimore Asset Management Inc | 2,140,192 | $237.3M | 4.74% | −4,101−0.2% | Reduced |
| Manufacturers Life Insurance Company, The | 2,344,254 | $259.9M | 0.23% | −36,469−1.5% | Reduced |
| Caisse de Depot Et Placement du Quebec | 2,438,354 | $270.3M | 0.58% | +2,402,353+6,673.0% | Added |
| Northern Trust Corp | 2,518,757 | $279.3M | 0.04% | +165,381+7.0% | Added |
| Bank of America Corp | 2,703,009 | $299.7M | 0.02% | +389,578+16.8% | Added |
| Barclays PLC | 2,981,838 | $330.6M | 0.13% | +598,254+25.1% | Added |
| Wells Fargo & Company | 3,143,994 | $348.6M | 0.08% | −107,656−3.3% | Reduced |
| Royal Bank of Canada | 3,195,523 | $354.3M | 0.07% | +131,782+4.3% | Added |
| Allspring Global Investments Holdings, LLC | 3,411,227 | $371.6M | 0.62% | −295,700−8.0% | Reduced |
| Norges Bank | 3,912,149 | $433.7M | 0.05% | +817,518+26.4% | Added |
| Invesco Ltd. | 4,166,370 | $461.9M | 0.08% | +46,235+1.1% | Added |
| Balyasny Asset Management LLC | 4,456,748 | $494.1M | 1.12% | +4,452,153+96,891.3% | Added |
| Citadel Advisors LLC | 5,267,297 | $584.0M | 0.51% | +5,254,331+40,523.9% | Added |
| Morgan Stanley | 5,721,498 | $634.3M | 0.04% | −1,681,032−22.7% | Reduced |
| Select Equity Group, L.P. | 5,745,705 | $637.0M | 2.71% | −528,667−8.4% | Reduced |
| Parnassus Investments | 7,017,120 | $778.0M | 1.79% | −210,685−2.9% | Reduced |
| Geode Capital Management, LLC | 7,369,576 | $813.6M | 0.06% | +1,050,350+16.6% | Added |
| FMR LLC | 8,439,534 | $935.7M | 0.05% | +7,905,288+1,479.7% | Added |
| Capital World Investors | 9,651,397 | $1.07B | 0.16% | +1,386,443+16.8% | Added |
| State Street Corp | 12,460,821 | $1.38B | 0.05% | +1,262,139+11.3% | Added |
| Principal Financial Group Inc | 13,594,961 | $1.51B | 0.80% | +654,915+5.1% | Added |
| BlackRock, Inc. | 20,516,565 | $2.27B | 0.04% | +2,126,893+11.6% | Added |
| Vanguard Group Inc | 35,625,322 | $3.95B | 0.06% | +5,124,203+16.8% | Added |
| First Eagle Investment Management, LLC | 0 | $0 | 0.00% | −1,921,699−100.0% | Sold out |
| Zurich Insurance Group Ltd | 0 | $0 | 0.00% | −193,221−100.0% | Sold out |
| Jacobs Levy Equity Management, Inc | 0 | $0 | 0.00% | −127,264−100.0% | Sold out |
| Lord, Abbett & Co. LLC | 0 | $0 | 0.00% | −96,000−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −60,657−100.0% | Sold out |
| Corebridge Financial, Inc. | 0 | $0 | 0.00% | −59,034−100.0% | Sold out |
| Heirloom Wealth Management | 0 | $0 | 0.00% | −54,348−100.0% | Sold out |
| Acadian Asset Management LLC | 0 | $0 | 0.00% | −43,107−100.0% | Sold out |
| Sciencast Management LP | 0 | $0 | 0.00% | −29,821−100.0% | Sold out |
| CIBC World Markets Inc. | 0 | $0 | 0.00% | −29,324−100.0% | Sold out |
| Steel Peak Wealth Management LLC | 0 | $0 | 0.00% | −23,152−100.0% | Sold out |
| PGGM Investments | 0 | $0 | 0.00% | −17,910−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −17,862−100.0% | Sold out |
| Mount Lucas Management LP | 0 | $0 | 0.00% | −14,398−100.0% | Sold out |
| Ewing Morris & Co. Investment Partners Ltd. | 0 | $0 | 0.00% | −8,932−100.0% | Sold out |
| Cullinan Associates Inc | 0 | $0 | 0.00% | −12,500−100.0% | Sold out |
| Marshall Financial Group LLC | 0 | $0 | 0.00% | −11,844−100.0% | Sold out |
| Price Capital Management, Inc. | 0 | $0 | 0.00% | −11,840−100.0% | Sold out |
| Highland Capital Management, LLC | 0 | $0 | 0.00% | −11,251−100.0% | Sold out |
| IPG Investment Advisors LLC | 0 | $0 | 0.00% | −11,228−100.0% | Sold out |
| VGI Partners Ltd | 0 | $0 | 0.00% | −10,464−100.0% | Sold out |
| Twin Capital Management Inc | 0 | $0 | 0.00% | −10,441−100.0% | Sold out |
| Novem Group | 0 | $0 | 0.00% | −9,949−100.0% | Sold out |
| Vinva Investment Management Ltd | 0 | $0 | 0.00% | −10,055−100.0% | Sold out |
| RIA Advisory Group LLC | 0 | $0 | 0.00% | −8,954−100.0% | Sold out |
| Nomura Holdings Inc | 0 | $0 | 0.00% | −7,502−100.0% | Sold out |
| AssuredPartners Investment Advisors, LLC | 0 | $0 | 0.00% | −6,211−100.0% | Sold out |
| Synovus Financial Corp | 0 | $0 | 0.00% | −5,980−100.0% | Sold out |
| Edgestream Partners, L.P. | 0 | $0 | 0.00% | −5,893−100.0% | Sold out |
| Claro Advisors LLC | 0 | $0 | 0.00% | −5,796−100.0% | Sold out |
| Capstone Investment Advisors, LLC | 0 | $0 | 0.00% | −5,750−100.0% | Sold out |
| United Services Automobile Association | 0 | $0 | 0.00% | −5,703−100.0% | Sold out |
| Teza Capital Management LLC | 0 | $0 | 0.00% | −5,261−100.0% | Sold out |
| Jackson Creek Investment Advisors LLC | 0 | $0 | 0.00% | −5,086−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −4,988−100.0% | Sold out |
| Massar Capital Management, LP | 0 | $0 | 0.00% | −4,900−100.0% | Sold out |
| Financial Advocates Investment Management | 0 | $0 | 0.00% | −4,655−100.0% | Sold out |
| Plato Investment Management Ltd | 0 | $0 | 0.00% | −3,552−100.0% | Sold out |
| Cadent Capital Advisors, LLC | 0 | $0 | 0.00% | −3,432−100.0% | Sold out |
| Mediolanum International Funds Ltd | 0 | $0 | 0.00% | −3,461−100.0% | Sold out |
| National Wealth Management Group, LLC | 0 | $0 | 0.00% | −3,393−100.0% | Sold out |
| Meiji Yasuda Asset Management Co Ltd. | 0 | $0 | 0.00% | −3,369−100.0% | Sold out |
| Mach-1 Financial Group, Inc. | 0 | $0 | 0.00% | −3,245−100.0% | Sold out |
| Eventide Asset Management, LLC | 0 | $0 | 0.00% | −2,731−100.0% | Sold out |
| Strategies Wealth Advisors, LLC | 0 | $0 | 0.00% | −2,694−100.0% | Sold out |
| Snowden Capital Advisors LLC | 0 | $0 | 0.00% | −2,674−100.0% | Sold out |
| Brightwater Advisory LLC | 0 | $0 | 0.00% | −2,662−100.0% | Sold out |
| Fieldview Capital Management, LLC | 0 | $0 | 0.00% | −2,605−100.0% | Sold out |
| Oversea-Chinese Banking CORP Ltd | 0 | $0 | 0.00% | −2,534−100.0% | Sold out |
| Longboard Asset Management, LP | 0 | $0 | 0.00% | −2,434−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −2,418−100.0% | Sold out |
| Diversify Wealth Management, LLC | 0 | $0 | 0.00% | −2,555−100.0% | Sold out |
| Capital A Wealth Management, LLC | 0 | $0 | 0.00% | −2,218−100.0% | Sold out |
| VestGen Advisors, LLC | 0 | $0 | 0.00% | −1,967−100.0% | Sold out |
| Sprott Inc. | 0 | $0 | 0.00% | −1,960−100.0% | Sold out |
| National Asset Management, Inc. | 0 | $0 | 0.00% | −1,957−100.0% | Sold out |
| Baron Wealth Management LLC | 0 | $0 | 0.00% | −1,863−100.0% | Sold out |
| Hutchens & Kramer Investment Management Group, LLC | 0 | $0 | 0.00% | −1,862−100.0% | Sold out |
| IFC Advisors LLC | 0 | $0 | 0.00% | −1,838−100.0% | Sold out |
| Howard Bailey Securities, LLC | 0 | $0 | 0.00% | −1,829−100.0% | Sold out |
| CFS Investment Advisory Services, LLC | 0 | $0 | 0.00% | −1,794−100.0% | Sold out |
| Portfolio Design Labs, LLC | 0 | $0 | 0.00% | −1,788−100.0% | Sold out |
| Naples Global Advisors, LLC | 0 | $0 | 0.00% | −1,763−100.0% | Sold out |
| Moss Adams Wealth Advisors LLC | 0 | $0 | 0.00% | −1,753−100.0% | Sold out |
| Trust Investment Advisors | 0 | $0 | 0.00% | −1,719−100.0% | Sold out |
| Fedenia Advisers LLC | 0 | $0 | 0.00% | −1,701−100.0% | Sold out |
| Texas Yale Capital Corp. | 0 | $0 | 0.00% | −1,690−100.0% | Sold out |
| Ipswich Investment Management Co., Inc. | 0 | $0 | 0.00% | −1,690−100.0% | Sold out |
| Red Door Wealth Management, LLC | 0 | $0 | 0.00% | −1,684−100.0% | Sold out |