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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
APG Asset Management N.V.420,627$39.7M0.12%+94,972+29.2%Added
Pictet Asset Management Holding SA357,313$39.6M0.04%+14,205+4.1%Added
Blackstone Group Inc.350,000$38.8M0.17%+350,000New
National Pension Service344,237$38.2M0.03%+2,724+0.8%Added
CI Private Wealth, LLC343,415$38.1M0.06%−80,697−19.0%Reduced
Port Capital LLC342,180$37.9M1.61%+26,365+8.3%Added
Osterweis Capital Management Inc330,223$36.6M1.75%+29,244+9.7%Added
Schonfeld Strategic Advisors LLC327,375$36.3M0.27%+324,748+12,361.9%Added
Giverny Capital Inc.SuperinvestorGiverny Capital321,637$35.7M1.22%+27,034+9.2%Added
Ferguson Wellman Capital Management, Inc319,831$35.5M0.62%+7,715+2.5%Added
Cresset Asset Management, LLC307,951$34.1M0.17%−4,035−1.3%Reduced
Ameriprise Financial Inc303,061$33.6M0.01%−256,930−45.9%Reduced
Confluence Investment Management LLC299,805$33.2M0.47%−193,720−39.3%Reduced
Jefferies Financial Group Inc.298,641$33.1M0.55%+274,177+1,120.7%Added
Vancity Investment Management Ltd292,138$32.4M4.09%−5,800−1.9%Reduced
Allianz Asset Management GmbH291,886$32.4M0.04%+5,434+1.9%Added
Prospector Partners LLC281,877$31.3M3.63%−1,763−0.6%Reduced
FIL Ltd277,849$30.8M0.03%−341,509−55.1%Reduced
LPL Financial LLC275,626$30.6M0.01%−5,946−2.1%Reduced
Renaissance Group LLC274,557$30.4M1.19%−46,332−14.4%Reduced
Philo Smith Capital Corp272,450$30.2M8.40%00.0%Unchanged
Danske Bank A/S270,231$30.0M0.07%−87,877−24.5%Reduced
Truist Financial Corp266,206$29.5M0.04%−14,091−5.0%Reduced
Alliancebernstein L.P.262,450$29.1M0.01%+15,146+6.1%Added
Local Pensions Partnership Investment Ltd262,000$29.0M0.54%−22,000−7.7%Reduced
State Board of Administration of Florida Retirement System261,767$29.0M0.05%+3,010+1.2%Added
DekaBank Deutsche Girozentrale260,347$28.6M0.05%+8,508+3.4%Added
Public Employees Retirement Association of Colorado254,091$28.2M0.11%00.0%Unchanged
Element Capital Management LLC250,000$27.7M67.74%+250,000New
Gotham Asset Management, LLC248,076$27.5M0.16%+33,180+15.4%Added
Fortress Investment Group LLC240,000$26.6M3.77%+240,000New
Candriam Luxembourg S.C.A.230,393$25.5M0.15%−42,650−15.6%Reduced
Motley Fool Wealth Management, LLC226,913$25.2M1.52%−26,530−10.5%Reduced
TD Asset Management Inc225,098$25.0M0.02%−18,789−7.7%Reduced
Longaeva Partners L.P.225,000$24.9M5.99%+225,000New
Moore Capital Management, LP223,360$24.8M0.49%+223,360New
Toroso Investments, LLC216,647$24.0M0.16%+192,198+786.1%Added
Federated Hermes, Inc.213,101$23.6M0.04%+199,024+1,413.8%Added
New York State Teachers Retirement System210,275$23.3M0.05%+2,247+1.1%Added
Intech Investment Management LLC204,705$22.7M0.21%−82,410−28.7%Reduced
Centiva Capital, LP203,074$22.5M1.49%+199,903+6,304.1%Added
Summit Wealth Partners, LLC201,700$22.4M4.26%00.0%Unchanged
National Bank of Canada199,724$22.1M0.02%+5,852+3.0%Added
Prudential Financial Inc193,845$21.5M0.03%+70,469+57.1%Added
Two Sigma Advisers, LP193,291$21.4M0.04%+193,291New
Aware Super Pty Ltd as trustee of Aware Super182,669$20.3M0.30%+32,494+21.6%Added
Baird Financial Group, Inc.178,800$19.8M0.03%+3,582+2.0%Added
Whittier Trust Co177,491$19.7M0.24%+3,977+2.3%Added
State of Wisconsin Investment Board177,436$19.7M0.05%+20,443+13.0%Added
Great West Life Assurance Co169,865$18.9M0.03%−10,830−6.0%Reduced
Standard Life Aberdeen plc169,556$18.8M0.03%+5,586+3.4%Added
Victory Capital Management Inc169,139$18.8M0.01%−154,916−47.8%Reduced
Commonwealth Equity Services, LLC168,208$18.6M0.02%−3,555−2.1%Reduced
Ensign Peak Advisors, Inc164,209$18.2M0.03%+24,064+17.2%Added
Korea Investment CORP163,438$18.1M0.04%+48,155+41.8%Added
Sculptor Capital LP159,000$17.6M0.29%+159,000New
Charter Trust Co158,761$17.6M1.13%−1,807−1.1%Reduced
Aviva PLC158,370$17.6M0.04%+98,350+163.9%Added
Sanctuary Advisors, LLC156,918$17.4M0.11%−3,494−2.2%Reduced
Russell Investments Group, Ltd.154,842$17.2M0.02%−61,596−28.5%Reduced
Running Oak Capital LLC152,040$16.9M1.87%+11,550+8.2%Added
Voya Investment Management LLC148,144$16.4M0.02%−56,294−27.5%Reduced
Chevy Chase Trust Holdings, Inc.147,924$16.4M0.05%+23,458+18.8%Added
Toronto Dominion Bank145,826$16.2M0.03%+50,967+53.7%Added
Universal- Beteiligungs- und Servicegesellschaft mbH137,270$15.2M0.03%+4,089+3.1%Added
Sterling Capital Management LLC134,888$15.0M0.21%−39,280−22.6%Reduced
1832 Asset Management L.P.132,634$14.7M0.03%−10,129−7.1%Reduced
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund130,643$14.5M0.13%+33,000+33.8%Added
Close Asset Management Ltd129,811$14.4M0.42%−1,127,877−89.7%Reduced
New York State Common Retirement Fund129,125$14.3M0.02%+14,703+12.8%Added
Treasurer of the State of North Carolina128,735$14.3M0.05%+19,444+17.8%Added
Resona Asset Management Co.,Ltd.127,797$14.1M0.07%+20,298+18.9%Added
Wellington Management Group LLP122,140$13.5M0.00%+17,324+16.5%Added
Janney Montgomery Scott LLC120,869$13.4M0.04%−144,358−54.4%Reduced
Franklin Resources Inc120,565$13.4M0.00%+1,493+1.3%Added
Mattern Capital Management, LLC119,198$13.2M1.59%+636+0.5%Added
Umb Bank N A117,815$13.1M0.20%−72−0.1%Reduced
Lighthouse Investment Partners, LLC114,028$12.6M0.55%+114,028New
Segall Bryant & Hamill, LLC113,762$12.6M0.18%−4,728−4.0%Reduced
Vaughan David Investments LLC113,372$12.6M0.28%00.0%Unchanged
Moran Wealth Management, LLC113,137$12.5M0.39%+1,820+1.6%Added
Congress Wealth Management LLC112,312$12.2M0.12%−13,469−10.7%Reduced
Lountzis Asset Management, LLC108,718$12.1M4.24%−363−0.3%Reduced
Quantinno Capital Management LP108,626$12.0M0.05%+15,414+16.5%Added
Yousif Capital Management, LLC107,758$11.9M0.13%−7,028−6.1%Reduced
Asset Management One Co.,Ltd.107,126$11.9M0.04%+5,678+5.6%Added
Kennedy Capital Management, Inc.106,975$11.9M0.28%−4,799−4.3%Reduced
Guggenheim Capital LLC106,187$11.8M0.10%−20,532−16.2%Reduced
Susquehanna International Group, LLP104,814$11.6M0.02%+65,136+164.2%Added
Visualize Group LP75,100$11.2M4.59%−230,891−75.5%Reduced
KLP Kapitalforvaltning AS101,200$11.2M0.05%+18,400+22.2%Added
WealthPlan Investment Management, LLC100,908$11.2M0.81%+7,917+8.5%Added
Cinctive Capital Management LP99,886$11.1M0.62%+99,886New
Pictet North America Advisors SA99,377$11.0M1.11%−717−0.7%Reduced
CIBC Asset Management Inc98,968$11.0M0.03%+32,301+48.5%Added
Skandinaviska Enskilda Banken AB (publ)98,935$11.0M0.05%+46,400+88.3%Added
Omers Administration Corp98,571$10.9M0.09%−41,200−29.5%Reduced
Natixis98,499$10.9M0.05%+95,737+3,466.2%Added
Quantum Capital Management, LLC97,277$10.8M1.17%−11,562−10.6%Reduced
Shell Asset Management Co96,166$10.7M0.37%−1,272−1.3%Reduced