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 |
|---|---|---|---|---|---|
| Speece Thorson Capital Group Inc | 95,854 | $10.6M | 2.16% | +1,771+1.9% | Added |
| Andra AP-fonden | 95,804 | $10.6M | 0.15% | +73,000+320.1% | Added |
| Spring Capital Management, LLC | 95,745 | $10.6M | 5.60% | −519−0.5% | Reduced |
| Rafferty Asset Management, LLC | 93,133 | $10.3M | 0.03% | +15,329+19.7% | Added |
| Cooper Investors Pty Ltd | 92,540 | $10.3M | 1.87% | −11,993−11.5% | Reduced |
| Hantz Financial Services, Inc. | 91,396 | $10.1M | 0.16% | −12,559−12.1% | Reduced |
| Terry L. Blaker | 91,055 | $10.1M | 0.39% | −858−0.9% | Reduced |
| Mn Services Vermogensbeheer B.V. | 91,000 | $10.1M | 0.07% | +3,400+3.9% | Added |
| Bank of Nova Scotia | 90,257 | $10.0M | 0.02% | +62,578+226.1% | Added |
| Public Employees Retirement System of Ohio | 89,972 | $9.98M | 0.03% | −50,050−35.7% | Reduced |
| US Bancorp | 89,969 | $9.97M | 0.01% | −3,088−3.3% | Reduced |
| Heron Bay Capital Management | 89,889 | $9.97M | 1.96% | −7,979−8.2% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 88,568 | $9.82M | 0.06% | +11,704+15.2% | Added |
| Whittier Trust Co of Nevada Inc | 88,246 | $9.78M | 0.22% | +2,743+3.2% | Added |
| Marks Group Wealth Management, Inc | 87,901 | $9.75M | 0.91% | +790+0.9% | Added |
| Man Group plc | 86,048 | $9.54M | 0.02% | −40,426−32.0% | Reduced |
| Motley Fool Asset Management LLC | 85,864 | $9.52M | 0.44% | −1,860−2.1% | Reduced |
| Arizona State Retirement System | 85,664 | $9.50M | 0.05% | +15,373+21.9% | Added |
| State of Tennessee, Treasury Department | 80,534 | $8.93M | 0.03% | −16,537−17.0% | Reduced |
| State of New Jersey Common Pension Fund D | 79,709 | $8.84M | 0.03% | +1,650+2.1% | Added |
| Diamond Hill Capital Management Inc | 79,697 | $8.84M | 0.04% | −12,901−13.9% | Reduced |
| Janus Henderson Group PLC | 78,654 | $8.72M | 0.00% | +49,164+166.7% | Added |
| State of Michigan Retirement System | 76,151 | $8.44M | 0.04% | +11,800+18.3% | Added |
| Comerica Bank | 75,164 | $8.33M | 0.03% | −6,220−7.6% | Reduced |
| BCM Advisors, LLC | 88,250 | $8.11M | 1.73% | 00.0% | Unchanged |
| Teacher Retirement System of Texas | 73,087 | $8.10M | 0.03% | +18,255+33.3% | Added |
| HWG Holdings LP | 73,024 | $8.10M | 2.37% | +2,520+3.6% | Added |
| MetLife Investment Management | 72,661 | $8.06M | 0.05% | +6,424+9.7% | Added |
| Forte Capital LLC | 70,802 | $7.85M | 0.84% | +812+1.2% | Added |
| Creative Planning | 70,198 | $7.78M | 0.01% | +3,433+5.1% | Added |
| Nisa Investment Advisors, LLC | 69,590 | $7.72M | 0.03% | +488+0.7% | Added |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 68,738 | $7.62M | 0.04% | +14,465+26.7% | Added |
| Czech National Bank | 68,508 | $7.60M | 0.06% | +13,999+25.7% | Added |
| Ibex Wealth Advisors | 67,426 | $7.48M | 0.80% | −661−1.0% | Reduced |
| AQR Capital Management LLC | 67,695 | $7.45M | 0.01% | +34,251+102.4% | Added |
| Boston Trust Walden Corp | 66,942 | $7.42M | 0.05% | −831−1.2% | Reduced |
| Advisor Group Holdings, Inc. | 65,588 | $7.29M | 0.01% | +1,708+2.7% | Added |
| Los Angeles Capital Management LLC | 62,762 | $6.96M | 0.03% | −174,092−73.5% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 61,520 | $6.82M | 0.02% | +12,121+24.5% | Added |
| AMF Pensionsforsakring AB | 61,316 | $6.80M | 0.05% | +61,316 | New |
| Retirement Systems of Alabama | 60,975 | $6.76M | 0.02% | +9,977+19.6% | Added |
| Benjamin Edwards Inc | 59,950 | $6.65M | 0.08% | −27,035−31.1% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 59,350 | $6.45M | 0.01% | +30,714+107.3% | Added |
| GWM Advisors LLC | 57,665 | $6.39M | 0.03% | +38,694+204.0% | Added |
| Public Sector Pension Investment Board | 57,657 | $6.39M | 0.03% | −5,756−9.1% | Reduced |
| Leavell Investment Management, Inc. | 57,494 | $6.37M | 0.29% | −654−1.1% | Reduced |
| DnB Asset Management AS | 57,227 | $6.34M | 0.03% | +11,665+25.6% | Added |
| Stonebridge Financial Group, LLC | 55,577 | $6.16M | 0.60% | −689−1.2% | Reduced |
| Wilson Asset Management (International) Pty Ltd | 54,440 | $6.04M | 1.48% | −89,003−62.0% | Reduced |
| Worldquant Millennium Advisors LLC | 54,092 | $6.00M | 0.03% | −483,440−89.9% | Reduced |
| Arrowstreet Capital, Limited Partnership | 53,103 | $5.89M | 0.00% | +50,344+1,824.7% | Added |
| O'Shaughnessy Asset Management, LLC | 52,985 | $5.87M | 0.04% | +1,751+3.4% | Added |
| IFM Investors Pty Ltd | 52,258 | $5.79M | 0.06% | +7,702+17.3% | Added |
| Interval Partners, LP | 51,763 | $5.74M | 0.13% | +51,763 | New |
| Mariner, LLC | 51,578 | $5.72M | 0.01% | −9,111−15.0% | Reduced |
| Park National Corp | 51,575 | $5.72M | 0.19% | −59−0.1% | Reduced |
| Xponance, Inc. | 50,763 | $5.63M | 0.05% | +6,595+14.9% | Added |
| Wiley Bros.-Aintree Capital, LLC | 50,765 | $5.63M | 0.04% | +9,641+23.4% | Added |
| Amalgamated Bank | 50,461 | $5.59M | 0.04% | −1,774−3.4% | Reduced |
| Mogy Joel R Investment Counsel Inc | 50,416 | $5.59M | 0.32% | +5,825+13.1% | Added |
| Jones Financial Companies LLLP | 50,618 | $5.55M | 0.00% | +45,053+809.6% | Added |
| Copeland Capital Management, LLC | 49,473 | $5.49M | 0.11% | +49,473 | New |
| The PNC Financial Services Group, Inc. | 46,376 | $5.14M | 0.00% | +1,518+3.4% | Added |
| British Columbia Investment Management Corp | 46,119 | $5.11M | 0.03% | −375−0.8% | Reduced |
| Forsta Ap-Fonden | 45,800 | $5.08M | 0.03% | +2,500+5.8% | Added |
| Tower Bridge Advisors | 45,693 | $5.07M | 0.54% | +4,789+11.7% | Added |
| Lombard Odier Asset Management (USA) Corp | 45,528 | $5.05M | 1.26% | +32,251+242.9% | Added |
| Thrivent Financial for Lutherans | 45,219 | $5.01M | 0.01% | −43,462−49.0% | Reduced |
| ISAM Funds (UK) Ltd | 44,775 | $4.96M | 1.09% | +44,775 | New |
| Neuberger Berman Group LLC | 44,485 | $4.93M | 0.00% | −245,219−84.6% | Reduced |
| WCM Investment Management, LLC | 44,576 | $4.88M | 0.01% | −913−2.0% | Reduced |
| ExodusPoint Capital Management, LP | 43,786 | $4.86M | 0.06% | +43,786 | New |
| First National Bank of Omaha | 43,675 | $4.84M | 0.31% | −1,721−3.8% | Reduced |
| Mutual of America Capital Management LLC | 42,192 | $4.68M | 0.05% | +4,509+12.0% | Added |
| Cerity Partners LLC | 42,097 | $4.67M | 0.01% | −7,178−14.6% | Reduced |
| Wall Street Access Asset Management, LLC | 42,048 | $4.66M | 1.62% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 41,795 | $4.63M | 0.04% | +6,679+19.0% | Added |
| KBC Group NV | 41,584 | $4.61M | 0.01% | +7,071+20.5% | Added |
| Utah Retirement Systems | 41,204 | $4.57M | 0.05% | +1,814+4.6% | Added |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 40,678 | $4.51M | 0.58% | +4,351+12.0% | Added |
| Capital Fund Management S.A. | 40,621 | $4.50M | 0.05% | +40,621 | New |
| Zimmer Partners, LP | 40,385 | $4.48M | 0.10% | +40,385 | New |
| Silphium Asset Management Ltd | 40,223 | $4.46M | 1.59% | −8,600−17.6% | Reduced |
| Bank Julius Baer & Co. Ltd, Zurich | 39,886 | $4.42M | 0.01% | −9,223−18.8% | Reduced |
| Cetera Investment Advisers | 39,391 | $4.37M | 0.01% | −4,487−10.2% | Reduced |
| Dorsey Wright & Associates | 39,113 | $4.34M | 1.03% | +1,807+4.8% | Added |
| HighTower Advisors, LLC | 39,073 | $4.33M | 0.01% | −1,098−2.7% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 37,958 | $4.21M | 0.02% | +10,901+40.3% | Added |
| Atria Investments LLC | 37,679 | $4.18M | 0.05% | +23+0.1% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 37,135 | $4.12M | 0.01% | −2,898−7.2% | Reduced |
| Laurion Capital Management LP | 36,654 | $4.06M | 0.47% | +36,654 | New |
| Daiwa Securities Group Inc. | 36,159 | $4.01M | 0.01% | +2,096+6.2% | Added |
| Davenport & Co LLC | 36,097 | $4.00M | 0.02% | −8,950−19.9% | Reduced |
| FJ Capital Management LLC | 35,958 | $3.99M | 0.42% | +35,958 | New |
| Catalyst Capital Advisors LLC | 35,893 | $3.98M | 0.08% | −1,634−4.4% | Reduced |
| Quantbot Technologies LP | 35,837 | $3.97M | 0.10% | +25,987+263.8% | Added |
| Integrity Financial Corp | 35,775 | $3.97M | 2.02% | +10.0% | Added |
| CIBC World Markets Corp | 35,771 | $3.97M | 0.03% | +6,885+23.8% | Added |
| WealthPLAN Partners, LLC | 35,691 | $3.96M | 0.64% | −15,084−29.7% | Reduced |
| First National Advisers, LLC | 35,241 | $3.91M | 0.57% | −21−0.1% | Reduced |