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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.

Institutional holdersQ2 2025: 931 institutions
Q1 2021: 458 institutionsQ2 2021: 470 institutionsQ3 2021: 518 institutionsQ4 2021: 553 institutionsQ1 2022: 581 institutionsQ2 2022: 576 institutionsQ3 2022: 568 institutionsQ4 2022: 573 institutionsQ1 2023: 570 institutionsQ2 2023: 607 institutionsQ3 2023: 631 institutionsQ4 2023: 686 institutionsQ1 2024: 718 institutionsQ2 2024: 760 institutionsQ3 2024: 823 institutionsQ4 2024: 875 institutionsQ1 2025: 911 institutionsQ2 2025: 931 institutionsQ3 2025: 897 institutionsQ4 2025: 890 institutionsQ1 2026: 816 institutionsQ2 2026: 809 institutions
Value heldQ2 2025: $29.5B
Q1 2021: $9.10BQ2 2021: $10.7BQ3 2021: $11.3BQ4 2021: $14.4BQ1 2022: $14.8BQ2 2022: $11.8BQ3 2022: $12.1BQ4 2022: $11.4BQ1 2023: $11.6BQ2 2023: $13.9BQ3 2023: $14.1BQ4 2023: $14.6BQ1 2024: $18.0BQ2 2024: $18.7BQ3 2024: $21.7BQ4 2024: $21.9BQ1 2025: $27.3BQ2 2025: $29.5BQ3 2025: $24.6BQ4 2025: $21.7BQ1 2026: $18.2BQ2 2026: $18.1B
Institutions holding BRO and their total value by quarter
QuarterHoldersValue
Q2 2026809$18.1B
Q1 2026816$18.2B
Q4 2025890$21.7B
Q3 2025897$24.6B
Q2 2025931$29.5B
Q1 2025911$27.3B
Q4 2024875$21.9B
Q3 2024823$21.7B
Q2 2024760$18.7B
Q1 2024718$18.0B
Q4 2023686$14.6B
Q3 2023631$14.1B
Q2 2023607$13.9B
Q1 2023570$11.6B
Q4 2022573$11.4B
Q3 2022568$12.1B
Q2 2022576$11.8B
Q1 2022581$14.8B
Q4 2021553$14.4B
Q3 2021518$11.3B
Q2 2021470$10.7B
Q1 2021458$9.10B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q1 2025.

Institutions holding BRO in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Legacy Wealth Management, LLC0$00.00%−1,640−100.0%Sold out
Orrstown Financial Services Inc0$00.00%−1,632−100.0%Sold out
AMG National Trust Bank0$00.00%−1,626−100.0%Sold out
Manchester Financial Inc0$00.00%−1,625−100.0%Sold out
Howe & Rusling Inc0$00.00%−1,610−100.0%Sold out
eCIO, Inc.0$00.00%−1,478−100.0%Sold out
State of Wyoming0$00.00%−1,182−100.0%Sold out
Acropolis Investment Management, LLC0$00.00%−847−100.0%Sold out
Quent Capital, LLC0$00.00%−771−100.0%Sold out
Wayfinding Financial, LLC0$00.00%−715−100.0%Sold out
Continuum Advisory, LLC0$00.00%−527−100.0%Sold out
PSI Advisors, LLC0$00.00%−498−100.0%Sold out
Hexagon Capital Partners LLC0$00.00%−453−100.0%Sold out
Alaska Permanent Fund Corp0$00.00%−412−100.0%Sold out
Zions Bancorporation, National Association0$00.00%−362−100.0%Sold out
Optimum Investment Advisors0$00.00%−250−100.0%Sold out
Optiver Holding B.V.0$00.00%−142−100.0%Sold out
City Holding Co0$00.00%−122−100.0%Sold out
Saudi Central Bank0$00.00%−96−100.0%Sold out
West Paces Advisors Inc.0$00.00%−44−100.0%Sold out
Roble, Belko & Company, Inc0$00.00%−42−100.0%Sold out
Global Financial Private Client, LLC0$00.00%−26−100.0%Sold out
Dogwood Wealth Management LLC0$00.00%−16−100.0%Sold out
Greenline Partners, LLC0$00.00%−14−100.0%Sold out
Valley National Advisers Inc0$00.00%−15−100.0%Sold out
Highline Wealth Partners LLC0$00.00%−8−100.0%Sold out
Winnow Wealth LLC0$00.00%−8−100.0%Sold out
NVWM, LLC0$00.00%−5−100.0%Sold out
Carolinas Wealth Consulting LLC0$00.00%−5−100.0%Sold out
CBIZ Investment Advisory Services, LLC0$00.00%−4−100.0%Sold out
GoalVest Advisory LLC0$00.00%−3−100.0%Sold out
Credit Agricole S A––––Not filed
Sabal Trust CO––––Not filed
Rakuten Investment Management, Inc.––––Not filed
Mizuho Securities USA LLC––––Not filed
Glenmede Trust Co NA––––Not filed
Benchmark Investment Advisors LLC––––Not filed
Unigestion Holding SA––––Not filed
Orion Portfolio Solutions, LLC––––Not filed
Sheaff Brock Investment Advisors, LLC––––Not filed
Schechter Investment Advisors, LLC––––Not filed
Lindbrook Capital, LLC––––Not filed
Sandy Spring Bank––––Not filed