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, Q3 2025
Institutional positions in Brown & Brown, Inc. as of Sep 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
- 897
- −19 vs. Q2 2025
- Shares held
- 262.1M
- −176.7K (−0.1%) vs. Q2 2025
- Total value
- $24.6B
- −$4.50B (−15.5%) vs. Q2 2025
- New holders
- 101
- 400 more added
- Sold out
- 120
- 292 more reduced
15 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 37,330,892 | $3.50B | 0.05% | +1,705,570+4.8% | Added |
| BlackRock, Inc. | 20,973,989 | $1.97B | 0.03% | +457,424+2.2% | Added |
| Capital World Investors | 17,479,389 | $1.64B | 0.22% | +7,827,992+81.1% | Added |
| Principal Financial Group Inc | 15,416,190 | $1.45B | 0.73% | +1,821,229+13.4% | Added |
| State Street Corp | 13,120,826 | $1.23B | 0.04% | +660,005+5.3% | Added |
| FMR LLC | 11,953,261 | $1.12B | 0.06% | +3,513,727+41.6% | Added |
| Geode Capital Management, LLC | 7,834,732 | $731.9M | 0.05% | +465,156+6.3% | Added |
| Parnassus Investments | 6,834,855 | $641.0M | 1.48% | −182,265−2.6% | Reduced |
| Select Equity Group, L.P. | 6,076,399 | $569.9M | 2.44% | +330,694+5.8% | Added |
| Royal Bank of Canada | 4,887,675 | $458.4M | 0.08% | +1,692,152+53.0% | Added |
| Morgan Stanley | 4,694,589 | $440.3M | 0.03% | −1,026,909−17.9% | Reduced |
| Wells Fargo & Company | 3,204,876 | $300.6M | 0.06% | +60,882+1.9% | Added |
| Allspring Global Investments Holdings, LLC | 2,745,053 | $254.6M | 0.41% | −666,174−19.5% | Reduced |
| Northern Trust Corp | 2,602,360 | $244.1M | 0.03% | +83,603+3.3% | Added |
| Bank of America Corp | 2,576,407 | $241.6M | 0.02% | −126,602−4.7% | Reduced |
| Deutsche Bank AG | 2,567,527 | $240.8M | 0.08% | +932,563+57.0% | Added |
| Barclays PLC | 2,515,061 | $235.9M | 0.09% | −466,777−15.7% | Reduced |
| Invesco Ltd. | 2,402,009 | $225.3M | 0.04% | −1,764,361−42.3% | Reduced |
| Caisse de Depot Et Placement du Quebec | 2,339,505 | $219.4M | 0.40% | −98,849−4.1% | Reduced |
| Manufacturers Life Insurance Company, The | 2,307,276 | $216.4M | 0.18% | −36,978−1.6% | Reduced |
| Fenimore Asset Management Inc | 2,156,455 | $202.3M | 4.05% | +16,263+0.8% | Added |
| Goldman Sachs Group Inc | 2,129,104 | $199.7M | 0.03% | −3,013−0.1% | Reduced |
| Madison Asset Management, LLC | 2,008,760 | $188.4M | 2.08% | −33,526−1.6% | Reduced |
| Kempen Capital Management N.V. | 1,949,536 | $182.8M | 1.63% | +1,949,536 | New |
| JPMorgan Chase & Co | 1,931,839 | $181.2M | 0.01% | +1,217,171+170.3% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 1,808,874 | $169.7M | 0.31% | +72,695+4.2% | Added |
| Charles Schwab Investment Management Inc | 1,706,954 | $160.1M | 0.03% | +85,533+5.3% | Added |
| ProShare Advisors LLC | 1,699,669 | $159.4M | 0.33% | +293,692+20.9% | Added |
| Chilton Investment Co LLC | 1,630,609 | $152.9M | 3.12% | +130,009+8.7% | Added |
| Boston Partners | 1,587,950 | $148.9M | 0.15% | +43,447+2.8% | Added |
| Dimensional Fund Advisors LP | 1,570,515 | $147.3M | 0.03% | +18,504+1.2% | Added |
| UBS Asset Management Americas Inc | 1,529,769 | $143.5M | 0.03% | −386,223−20.2% | Reduced |
| UBS Group AG | 1,496,107 | $140.3M | 0.03% | +603,908+67.7% | Added |
| Bank of New York Mellon Corp | 1,420,814 | $133.3M | 0.02% | +51,959+3.8% | Added |
| Tandem Investment Advisors, Inc. | 1,385,214 | $129.9M | 4.44% | +569,037+69.7% | Added |
| Royal London Asset Management Ltd | 1,288,850 | $120.9M | 0.26% | −155,617−10.8% | Reduced |
| AQR Capital Management LLC | 1,204,318 | $113.0M | 0.07% | +1,136,623+1,679.0% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 1,204,130 | $112.9M | 0.28% | −30,313−2.5% | Reduced |
| Legal & General Group Plc | 1,150,971 | $107.9M | 0.02% | +33,758+3.0% | Added |
| Natixis Advisors, L.P. | 1,127,622 | $105.8M | 0.15% | −3,009−0.3% | Reduced |
| Gobi Capital LLC | 1,096,203 | $102.8M | 4.99% | +39,499+3.7% | Added |
| Raymond James Financial Inc | 1,087,409 | $102.0M | 0.03% | −48,492−4.3% | Reduced |
| Close Asset Management Ltd | 1,086,688 | $101.9M | 2.27% | +956,877+737.1% | Added |
| Renaissance Technologies LLC | 987,000 | $92.6M | 0.12% | +183,888+22.9% | Added |
| Prana Capital Management, LP | 940,841 | $88.2M | 2.95% | +240,249+34.3% | Added |
| Swiss National Bank | 855,700 | $80.3M | 0.05% | −32,000−3.6% | Reduced |
| Jain Global LLC | 843,015 | $79.1M | 1.03% | −154,786−15.5% | Reduced |
| Nordea Investment Management AB | 842,364 | $78.7M | 0.07% | +327,406+63.6% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 820,890 | $77.0M | 0.04% | +59,997+7.9% | Added |
| Macquarie Group Ltd | 814,402 | $76.4M | 0.09% | −46,353−5.4% | Reduced |
| Rathbone Brothers plc | 794,703 | $74.5M | 0.30% | +205,243+34.8% | Added |
| Brown Brothers Harriman & Co | 788,715 | $74.0M | 0.45% | +158,557+25.2% | Added |
| Verition Fund Management LLC | 776,267 | $72.8M | 0.42% | +289,213+59.4% | Added |
| Burkehill Global Management, LP | 750,000 | $70.3M | 4.00% | 00.0% | Unchanged |
| Envestnet Asset Management Inc | 713,444 | $66.9M | 0.02% | −27,851−3.8% | Reduced |
| Clarkston Capital Partners, LLC | 710,070 | $66.6M | 1.43% | −35,915−4.8% | Reduced |
| California Public Employees Retirement System | 700,249 | $65.7M | 0.04% | −224,173−24.3% | Reduced |
| Price T Rowe Associates Inc | 678,077 | $63.6M | 0.01% | −28,890−4.1% | Reduced |
| Polar Capital Holdings Plc | 675,000 | $63.3M | 0.31% | +135,000+25.0% | Added |
| Congress Asset Management Co | 669,667 | $62.8M | 0.42% | −170,821−20.3% | Reduced |
| Nuveen, LLC | 657,735 | $61.7M | 0.02% | −47,847−6.8% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 642,233 | $60.2M | 0.04% | +55,399+9.4% | Added |
| Dundas Partners LLP | 633,541 | $59.4M | 4.19% | +130,430+25.9% | Added |
| Bank of Montreal | 598,646 | $56.1M | 0.02% | +83,045+16.1% | Added |
| HSBC Holdings PLC | 589,094 | $55.2M | 0.03% | +35,162+6.3% | Added |
| Rhumbline Advisers | 576,772 | $54.1M | 0.04% | +46,081+8.7% | Added |
| Snyder Capital Management L P | 562,671 | $52.8M | 1.00% | −10,112−1.8% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 551,609 | $51.7M | 0.11% | +65,139+13.4% | Added |
| Amundi | 541,093 | $51.1M | 0.02% | −291,584−35.0% | Reduced |
| CBOE Vest Financial, LLC | 533,491 | $50.0M | 0.65% | +72,052+15.6% | Added |
| Schwartz Investment Counsel Inc | 532,400 | $49.9M | 1.68% | +13,250+2.6% | Added |
| Captrust Financial Advisors | 510,244 | $47.9M | 0.10% | +11,685+2.3% | Added |
| Gotham Asset Management, LLC | 496,186 | $46.5M | 0.20% | +248,110+100.0% | Added |
| SEI Investments Co | 494,458 | $46.4M | 0.05% | −137,351−21.7% | Reduced |
| TimesSquare Capital Management, LLC | 489,570 | $45.9M | 0.66% | +40,028+8.9% | Added |
| Nomura Asset Management Co Ltd | 471,239 | $44.2M | 0.12% | +68,603+17.0% | Added |
| EULAV Asset Management | 444,900 | $41.7M | 0.97% | 00.0% | Unchanged |
| Abn Amro Investment Solutions | 433,697 | $40.7M | 0.83% | −13,512−3.0% | Reduced |
| Osterweis Capital Management Inc | 423,591 | $39.7M | 1.79% | +93,368+28.3% | Added |
| California State Teachers Retirement System | 400,734 | $37.6M | 0.04% | +27,599+7.4% | Added |
| Local Pensions Partnership Investment Ltd | 389,000 | $36.5M | 0.62% | +127,000+48.5% | Added |
| Storebrand Asset Management AS | 377,216 | $35.4M | 0.09% | +4,011+1.1% | Added |
| Seven Grand Managers, LLC | 375,000 | $35.2M | 2.86% | −375,000−50.0% | Reduced |
| Bank of Nova Scotia | 374,572 | $35.1M | 0.06% | +284,315+315.0% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 362,775 | $33.8M | 0.09% | +325,640+876.9% | Added |
| National Pension Service | 352,231 | $33.0M | 0.03% | +7,994+2.3% | Added |
| FIL Ltd | 344,811 | $32.3M | 0.03% | +66,962+24.1% | Added |
| Port Capital LLC | 343,450 | $32.2M | 1.34% | +1,270+0.4% | Added |
| CI Private Wealth, LLC | 341,736 | $32.1M | 0.05% | −1,679−0.5% | Reduced |
| Pictet Asset Management Holding SA | 325,827 | $30.6M | 0.03% | −31,486−8.8% | Reduced |
| Holocene Advisors, LP | 323,374 | $30.3M | 0.07% | −283,053−46.7% | Reduced |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 322,246 | $30.2M | 1.02% | +609+0.2% | Added |
| BNP Paribas Arbitrage, SA | 320,187 | $30.0M | 0.02% | −240,854−42.9% | Reduced |
| Ferguson Wellman Capital Management, Inc | 318,755 | $29.9M | 0.48% | −1,076−0.3% | Reduced |
| Squarepoint Ops LLC | 316,472 | $29.7M | 0.06% | −222,891−41.3% | Reduced |
| Cresset Asset Management, LLC | 308,980 | $29.0M | 0.13% | +1,029+0.3% | Added |
| Stifel Financial Corp | 308,515 | $28.9M | 0.03% | −80,145−20.6% | Reduced |
| Barr E S & Co | 304,698 | $28.6M | 1.55% | +302,761+15,630.4% | Added |
| Confluence Investment Management LLC | 298,360 | $28.0M | 0.40% | −1,445−0.5% | Reduced |
| Philo Smith Capital Corp | 292,450 | $27.4M | 7.62% | +20,000+7.3% | Added |