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 |
|---|---|---|---|---|---|
| JustInvest LLC | 28,579 | $3.18M | 0.04% | +3,203+12.6% | Added |
| Vaughan Nelson Investment Management, L.P. | 29,135 | $3.23M | 0.03% | −31,800−52.2% | Reduced |
| Brookstone Capital Management | 29,267 | $3.24M | 0.04% | +21,384+271.3% | Added |
| Penobscot Investment Management Company, Inc. | 29,343 | $3.25M | 0.28% | +195+0.7% | Added |
| Empowered Funds, LLC | 29,519 | $3.27M | 0.04% | −14,810−33.4% | Reduced |
| Elser Financial Planning, Inc | 29,554 | $3.28M | 4.09% | −60.0% | Reduced |
| Ethic Inc. | 30,059 | $3.29M | 0.06% | +1,784+6.3% | Added |
| Brevan Howard Capital Management LP | 29,716 | $3.29M | 0.04% | +29,716 | New |
| OP Asset Management Ltd | 29,745 | $3.30M | 0.05% | +4,103+16.0% | Added |
| Brant Point Investment Management LLC | 30,000 | $3.33M | 0.76% | +30,000 | New |
| Steward Partners Investment Advisory, LLC | 30,024 | $3.33M | 0.03% | +1,442+5.0% | Added |
| Jackson Wealth Management, LLC | 30,113 | $3.34M | 0.36% | −602−2.0% | Reduced |
| Numerai GP LLC | 30,431 | $3.37M | 0.49% | −500−1.6% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 30,749 | $3.41M | 0.10% | +30,749 | New |
| Ambassador Advisors, LLC | 30,750 | $3.41M | 0.53% | +953+3.2% | Added |
| Mitchell Capital Management Co | 32,906 | $3.42M | 0.64% | +13,534+69.9% | Added |
| State of Alaska, Department of Revenue | 31,483 | $3.49M | 0.04% | +3,680+13.2% | Added |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 31,570 | $3.50M | 0.03% | +1,479+4.9% | Added |
| Nissay Asset Management Corp | 31,906 | $3.54M | 0.02% | +675+2.2% | Added |
| New York Life Investment Management LLC | 32,400 | $3.59M | 0.03% | +610+1.9% | Added |
| We Are One Seven, LLC | 32,629 | $3.62M | 0.12% | +15,277+88.0% | Added |
| AXA S.A. | 32,679 | $3.62M | 0.01% | +229+0.7% | Added |
| Lynwood Price Capital Management LP | 32,800 | $3.64M | 1.81% | +32,800 | New |
| CHB Investment Group, LLC | 32,818 | $3.64M | 1.86% | +3,458+11.8% | Added |
| Independent Advisor Alliance | 33,294 | $3.69M | 0.11% | −469−1.4% | Reduced |
| Pacer Advisors, Inc. | 33,327 | $3.69M | 0.01% | +6,501+24.2% | Added |
| Legacy Financial Strategies, LLC | 33,810 | $3.75M | 0.74% | −1,991−5.6% | Reduced |
| Summit Financial, LLC | 33,830 | $3.75M | 0.08% | −1,585−4.5% | Reduced |
| Mirae Asset Global Investments Co., Ltd. | 33,922 | $3.76M | 0.01% | +929+2.8% | Added |
| Southeast Asset Advisors Inc. | 34,112 | $3.78M | 0.45% | −175−0.5% | Reduced |
| Threadgill Financial, LLC | 35,051 | $3.89M | 2.08% | +488+1.4% | Added |
| First National Advisers, LLC | 35,241 | $3.91M | 0.57% | −21−0.1% | Reduced |
| WealthPLAN Partners, LLC | 35,691 | $3.96M | 0.64% | −15,084−29.7% | Reduced |
| CIBC World Markets Corp | 35,771 | $3.97M | 0.03% | +6,885+23.8% | Added |
| Integrity Financial Corp | 35,775 | $3.97M | 2.02% | +10.0% | Added |
| Quantbot Technologies LP | 35,837 | $3.97M | 0.10% | +25,987+263.8% | Added |
| Catalyst Capital Advisors LLC | 35,893 | $3.98M | 0.08% | −1,634−4.4% | Reduced |
| FJ Capital Management LLC | 35,958 | $3.99M | 0.42% | +35,958 | New |
| Davenport & Co LLC | 36,097 | $4.00M | 0.02% | −8,950−19.9% | Reduced |
| Daiwa Securities Group Inc. | 36,159 | $4.01M | 0.01% | +2,096+6.2% | Added |
| Laurion Capital Management LP | 36,654 | $4.06M | 0.47% | +36,654 | New |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 37,135 | $4.12M | 0.01% | −2,898−7.2% | Reduced |
| Atria Investments LLC | 37,679 | $4.18M | 0.05% | +23+0.1% | Added |
| Fuller & Thaler Asset Management, Inc. | 37,958 | $4.21M | 0.02% | +10,901+40.3% | Added |
| HighTower Advisors, LLC | 39,073 | $4.33M | 0.01% | −1,098−2.7% | Reduced |
| Dorsey Wright & Associates | 39,113 | $4.34M | 1.03% | +1,807+4.8% | Added |
| Cetera Investment Advisers | 39,391 | $4.37M | 0.01% | −4,487−10.2% | Reduced |
| Bank Julius Baer & Co. Ltd, Zurich | 39,886 | $4.42M | 0.01% | −9,223−18.8% | Reduced |
| Silphium Asset Management Ltd | 40,223 | $4.46M | 1.59% | −8,600−17.6% | Reduced |
| Zimmer Partners, LP | 40,385 | $4.48M | 0.10% | +40,385 | New |
| Capital Fund Management S.A. | 40,621 | $4.50M | 0.05% | +40,621 | New |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 40,678 | $4.51M | 0.58% | +4,351+12.0% | Added |
| Utah Retirement Systems | 41,204 | $4.57M | 0.05% | +1,814+4.6% | Added |
| KBC Group NV | 41,584 | $4.61M | 0.01% | +7,071+20.5% | Added |
| Police & Firemen's Retirement System of New Jersey | 41,795 | $4.63M | 0.04% | +6,679+19.0% | Added |
| Wall Street Access Asset Management, LLC | 42,048 | $4.66M | 1.62% | 00.0% | Unchanged |
| Cerity Partners LLC | 42,097 | $4.67M | 0.01% | −7,178−14.6% | Reduced |
| Mutual of America Capital Management LLC | 42,192 | $4.68M | 0.05% | +4,509+12.0% | Added |
| First National Bank of Omaha | 43,675 | $4.84M | 0.31% | −1,721−3.8% | Reduced |
| ExodusPoint Capital Management, LP | 43,786 | $4.86M | 0.06% | +43,786 | New |
| WCM Investment Management, LLC | 44,576 | $4.88M | 0.01% | −913−2.0% | Reduced |
| Neuberger Berman Group LLC | 44,485 | $4.93M | 0.00% | −245,219−84.6% | Reduced |
| ISAM Funds (UK) Ltd | 44,775 | $4.96M | 1.09% | +44,775 | New |
| Thrivent Financial for Lutherans | 45,219 | $5.01M | 0.01% | −43,462−49.0% | Reduced |
| Lombard Odier Asset Management (USA) Corp | 45,528 | $5.05M | 1.26% | +32,251+242.9% | Added |
| Tower Bridge Advisors | 45,693 | $5.07M | 0.54% | +4,789+11.7% | Added |
| Forsta Ap-Fonden | 45,800 | $5.08M | 0.03% | +2,500+5.8% | Added |
| British Columbia Investment Management Corp | 46,119 | $5.11M | 0.03% | −375−0.8% | Reduced |
| The PNC Financial Services Group, Inc. | 46,376 | $5.14M | 0.00% | +1,518+3.4% | Added |
| Copeland Capital Management, LLC | 49,473 | $5.49M | 0.11% | +49,473 | New |
| Jones Financial Companies LLLP | 50,618 | $5.55M | 0.00% | +45,053+809.6% | Added |
| Mogy Joel R Investment Counsel Inc | 50,416 | $5.59M | 0.32% | +5,825+13.1% | Added |
| Amalgamated Bank | 50,461 | $5.59M | 0.04% | −1,774−3.4% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 50,765 | $5.63M | 0.04% | +9,641+23.4% | Added |
| Xponance, Inc. | 50,763 | $5.63M | 0.05% | +6,595+14.9% | Added |
| Park National Corp | 51,575 | $5.72M | 0.19% | −59−0.1% | Reduced |
| Mariner, LLC | 51,578 | $5.72M | 0.01% | −9,111−15.0% | Reduced |
| Interval Partners, LP | 51,763 | $5.74M | 0.13% | +51,763 | New |
| IFM Investors Pty Ltd | 52,258 | $5.79M | 0.06% | +7,702+17.3% | Added |
| O'Shaughnessy Asset Management, LLC | 52,985 | $5.87M | 0.04% | +1,751+3.4% | Added |
| Arrowstreet Capital, Limited Partnership | 53,103 | $5.89M | 0.00% | +50,344+1,824.7% | Added |
| Worldquant Millennium Advisors LLC | 54,092 | $6.00M | 0.03% | −483,440−89.9% | Reduced |
| Wilson Asset Management (International) Pty Ltd | 54,440 | $6.04M | 1.48% | −89,003−62.0% | Reduced |
| Stonebridge Financial Group, LLC | 55,577 | $6.16M | 0.60% | −689−1.2% | Reduced |
| DnB Asset Management AS | 57,227 | $6.34M | 0.03% | +11,665+25.6% | Added |
| Leavell Investment Management, Inc. | 57,494 | $6.37M | 0.29% | −654−1.1% | Reduced |
| Public Sector Pension Investment Board | 57,657 | $6.39M | 0.03% | −5,756−9.1% | Reduced |
| GWM Advisors LLC | 57,665 | $6.39M | 0.03% | +38,694+204.0% | Added |
| Wealth Enhancement Advisory Services, LLC | 59,350 | $6.45M | 0.01% | +30,714+107.3% | Added |
| Benjamin Edwards Inc | 59,950 | $6.65M | 0.08% | −27,035−31.1% | Reduced |
| Retirement Systems of Alabama | 60,975 | $6.76M | 0.02% | +9,977+19.6% | Added |
| AMF Pensionsforsakring AB | 61,316 | $6.80M | 0.05% | +61,316 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 61,520 | $6.82M | 0.02% | +12,121+24.5% | Added |
| Los Angeles Capital Management LLC | 62,762 | $6.96M | 0.03% | −174,092−73.5% | Reduced |
| Advisor Group Holdings, Inc. | 65,588 | $7.29M | 0.01% | +1,708+2.7% | Added |
| Boston Trust Walden Corp | 66,942 | $7.42M | 0.05% | −831−1.2% | Reduced |
| AQR Capital Management LLC | 67,695 | $7.45M | 0.01% | +34,251+102.4% | Added |
| Ibex Wealth Advisors | 67,426 | $7.48M | 0.80% | −661−1.0% | Reduced |
| Czech National Bank | 68,508 | $7.60M | 0.06% | +13,999+25.7% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 68,738 | $7.62M | 0.04% | +14,465+26.7% | Added |