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 |
|---|---|---|---|---|---|
| Fortress Investment Group LLC | 240,000 | $26.6M | 3.77% | +240,000 | New |
| Gotham Asset Management, LLC | 248,076 | $27.5M | 0.16% | +33,180+15.4% | Added |
| Element Capital Management LLC | 250,000 | $27.7M | 67.74% | +250,000 | New |
| Public Employees Retirement Association of Colorado | 254,091 | $28.2M | 0.11% | 00.0% | Unchanged |
| DekaBank Deutsche Girozentrale | 260,347 | $28.6M | 0.05% | +8,508+3.4% | Added |
| State Board of Administration of Florida Retirement System | 261,767 | $29.0M | 0.05% | +3,010+1.2% | Added |
| Local Pensions Partnership Investment Ltd | 262,000 | $29.0M | 0.54% | −22,000−7.7% | Reduced |
| Alliancebernstein L.P. | 262,450 | $29.1M | 0.01% | +15,146+6.1% | Added |
| Truist Financial Corp | 266,206 | $29.5M | 0.04% | −14,091−5.0% | Reduced |
| Danske Bank A/S | 270,231 | $30.0M | 0.07% | −87,877−24.5% | Reduced |
| Philo Smith Capital Corp | 272,450 | $30.2M | 8.40% | 00.0% | Unchanged |
| Renaissance Group LLC | 274,557 | $30.4M | 1.19% | −46,332−14.4% | Reduced |
| LPL Financial LLC | 275,626 | $30.6M | 0.01% | −5,946−2.1% | Reduced |
| FIL Ltd | 277,849 | $30.8M | 0.03% | −341,509−55.1% | Reduced |
| Prospector Partners LLC | 281,877 | $31.3M | 3.63% | −1,763−0.6% | Reduced |
| Allianz Asset Management GmbH | 291,886 | $32.4M | 0.04% | +5,434+1.9% | Added |
| Vancity Investment Management Ltd | 292,138 | $32.4M | 4.09% | −5,800−1.9% | Reduced |
| Jefferies Financial Group Inc. | 298,641 | $33.1M | 0.55% | +274,177+1,120.7% | Added |
| Confluence Investment Management LLC | 299,805 | $33.2M | 0.47% | −193,720−39.3% | Reduced |
| Ameriprise Financial Inc | 303,061 | $33.6M | 0.01% | −256,930−45.9% | Reduced |
| Cresset Asset Management, LLC | 307,951 | $34.1M | 0.17% | −4,035−1.3% | Reduced |
| Ferguson Wellman Capital Management, Inc | 319,831 | $35.5M | 0.62% | +7,715+2.5% | Added |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 321,637 | $35.7M | 1.22% | +27,034+9.2% | Added |
| Schonfeld Strategic Advisors LLC | 327,375 | $36.3M | 0.27% | +324,748+12,361.9% | Added |
| Osterweis Capital Management Inc | 330,223 | $36.6M | 1.75% | +29,244+9.7% | Added |
| Port Capital LLC | 342,180 | $37.9M | 1.61% | +26,365+8.3% | Added |
| CI Private Wealth, LLC | 343,415 | $38.1M | 0.06% | −80,697−19.0% | Reduced |
| National Pension Service | 344,237 | $38.2M | 0.03% | +2,724+0.8% | Added |
| Blackstone Group Inc. | 350,000 | $38.8M | 0.17% | +350,000 | New |
| Pictet Asset Management Holding SA | 357,313 | $39.6M | 0.04% | +14,205+4.1% | Added |
| APG Asset Management N.V. | 420,627 | $39.7M | 0.12% | +94,972+29.2% | Added |
| California State Teachers Retirement System | 373,135 | $41.4M | 0.05% | +29,478+8.6% | Added |
| Storebrand Asset Management AS | 373,205 | $41.4M | 0.12% | −364,118−49.4% | Reduced |
| Stifel Financial Corp | 388,660 | $43.1M | 0.04% | +31,011+8.7% | Added |
| Cookson Peirce & Co Inc | 391,711 | $43.4M | 1.91% | −8,402−2.1% | Reduced |
| Nomura Asset Management Co Ltd | 402,636 | $44.6M | 0.12% | −24,812−5.8% | Reduced |
| Citigroup Inc | 408,784 | $45.3M | 0.03% | +129,071+46.1% | Added |
| EULAV Asset Management | 444,900 | $49.3M | 1.16% | 00.0% | Unchanged |
| Abn Amro Investment Solutions | 447,209 | $49.6M | 0.99% | −26,010−5.5% | Reduced |
| TimesSquare Capital Management, LLC | 449,542 | $49.8M | 0.72% | +90,580+25.2% | Added |
| Robeco Institutional Asset Management B.V. | 451,153 | $50.0M | 0.08% | +216,049+91.9% | Added |
| Gillson Capital LP | 456,930 | $50.7M | 3.87% | +456,930 | New |
| CBOE Vest Financial, LLC | 461,439 | $51.2M | 0.72% | −71,834−13.5% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 486,470 | $53.9M | 0.12% | −44,417−8.4% | Reduced |
| Verition Fund Management LLC | 487,054 | $54.0M | 0.31% | +432,591+794.3% | Added |
| Captrust Financial Advisors | 498,559 | $55.3M | 0.12% | −151,539−23.3% | Reduced |
| Dundas Partners LLP | 503,111 | $55.8M | 3.88% | 00.0% | Unchanged |
| Nordea Investment Management AB | 514,958 | $56.4M | 0.05% | −124,906−19.5% | Reduced |
| Bank of Montreal | 515,601 | $57.2M | 0.03% | −16,639−3.1% | Reduced |
| Schwartz Investment Counsel Inc | 519,150 | $57.6M | 1.90% | 00.0% | Unchanged |
| Rhumbline Advisers | 530,691 | $58.8M | 0.05% | +17,121+3.3% | Added |
| Squarepoint Ops LLC | 539,363 | $59.8M | 0.13% | +459,202+572.8% | Added |
| Polar Capital Holdings Plc | 540,000 | $59.9M | 0.31% | +115,000+27.1% | Added |
| HSBC Holdings PLC | 553,932 | $61.3M | 0.04% | +63,639+13.0% | Added |
| BNP Paribas Arbitrage, SA | 561,041 | $62.2M | 0.05% | +244,669+77.3% | Added |
| Snyder Capital Management L P | 572,783 | $63.5M | 1.35% | +21,650+3.9% | Added |
| D. E. Shaw & Co., Inc. | 583,720 | $64.7M | 0.06% | +475,458+439.2% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 586,834 | $65.1M | 0.05% | +115,811+24.6% | Added |
| Rathbone Brothers plc | 589,460 | $65.4M | 0.28% | +183,081+45.1% | Added |
| Holocene Advisors, LP | 606,427 | $67.2M | 0.17% | +606,427 | New |
| Brown Brothers Harriman & Co | 630,158 | $69.9M | 0.45% | −10,503−1.6% | Reduced |
| SEI Investments Co | 631,809 | $70.0M | 0.08% | +28,327+4.7% | Added |
| First Trust Advisors LP | 644,202 | $71.4M | 0.06% | −11,965−1.8% | Reduced |
| Adage Capital Partners GP, L.L.C. | 676,700 | $75.0M | 0.13% | +676,700 | New |
| Prana Capital Management, LP | 700,592 | $77.7M | 2.81% | +700,592 | New |
| Nuveen, LLC | 705,582 | $78.2M | 0.02% | +119,611+20.4% | Added |
| Price T Rowe Associates Inc | 706,967 | $78.4M | 0.01% | +30,128+4.5% | Added |
| JPMorgan Chase & Co | 714,668 | $79.2M | 0.01% | −84,803−10.6% | Reduced |
| Envestnet Asset Management Inc | 741,295 | $82.2M | 0.02% | −59,899−7.5% | Reduced |
| Clarkston Capital Partners, LLC | 745,985 | $82.7M | 1.76% | −204,725−21.5% | Reduced |
| 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 |
| Sumitomo Mitsui Trust Holdings, Inc. | 760,893 | $84.4M | 0.05% | +178,082+30.6% | Added |
| Renaissance Technologies LLC | 803,112 | $89.0M | 0.12% | +630,112+364.2% | Added |
| Amundi | 832,677 | $89.8M | 0.03% | +517,915+164.5% | Added |
| Tandem Investment Advisors, Inc. | 816,177 | $90.5M | 3.17% | +51,468+6.7% | Added |
| Congress Asset Management Co | 840,488 | $93.2M | 0.64% | −270,233−24.3% | Reduced |
| Macquarie Group Ltd | 860,755 | $95.4M | 0.12% | +96,030+12.6% | Added |
| Swiss National Bank | 887,700 | $98.4M | 0.06% | +202,200+29.5% | Added |
| UBS Group AG | 892,199 | $98.9M | 0.02% | −352,054−28.3% | Reduced |
| Millennium Management LLC | 924,182 | $102.5M | 0.09% | +274,330+42.2% | Added |
| California Public Employees Retirement System | 924,422 | $102.5M | 0.07% | −146,589−13.7% | Reduced |
| Two Sigma Investments, LP | 945,650 | $104.8M | 0.19% | +945,650 | New |
| Assenagon Asset Management S.A. | 952,423 | $105.6M | 0.17% | +323,733+51.5% | Added |
| Jain Global LLC | 997,801 | $110.6M | 1.72% | +997,801 | New |
| Soros Fund Management LLCSuperinvestorSoros Fund Management | 1,000,000 | $110.9M | 1.90% | +1,000,000 | New |
| Gobi Capital LLC | 1,056,704 | $117.2M | 5.80% | −9,233−0.9% | Reduced |
| Woodline Partners LP | 1,079,076 | $119.6M | 0.63% | +1,079,076 | New |
| Legal & General Group Plc | 1,117,213 | $123.9M | 0.03% | −4,647−0.4% | Reduced |
| Natixis Advisors, L.P. | 1,130,631 | $125.4M | 0.20% | +172,358+18.0% | Added |
| Raymond James Financial Inc | 1,135,901 | $125.9M | 0.04% | −34,035−2.9% | Reduced |
| Freestone Grove Partners LP | 1,144,514 | $126.9M | 0.96% | +1,144,514 | New |
| Kayne Anderson Rudnick Investment Management LLC | 1,234,443 | $136.9M | 0.33% | −386,093−23.8% | Reduced |
| Handelsbanken Fonder AB | 1,260,034 | $139.7M | 0.50% | −54,400−4.1% | Reduced |
| Bank of New York Mellon Corp | 1,368,855 | $151.8M | 0.03% | +40,593+3.1% | Added |
| ProShare Advisors LLC | 1,405,977 | $155.9M | 0.31% | −261,566−15.7% | Reduced |
| CIBC Private Wealth Group, LLC | 1,421,189 | $157.6M | 0.28% | +15,760+1.1% | Added |
| Royal London Asset Management Ltd | 1,444,467 | $160.1M | 0.37% | −285,109−16.5% | Reduced |
| Chilton Investment Co LLC | 1,500,600 | $166.4M | 3.69% | +413,993+38.1% | Added |
| Boston Partners | 1,544,503 | $171.2M | 0.19% | +1,544,503 | New |