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 |
|---|---|---|---|---|---|
| Balyasny Asset Management LLC | 16,594 | $1.56M | 0.00% | −4,440,154−99.6% | Reduced |
| Mirabella Financial Services LLP | 16,844 | $1.58M | 0.14% | +7,160+73.9% | Added |
| Oppenheimer Asset Management Inc. | 16,959 | $1.59M | 0.02% | −697−3.9% | Reduced |
| GenTrust, LLC | 16,994 | $1.59M | 0.07% | +16,994 | New |
| Ironvine Capital Partners, LLC | 17,196 | $1.61M | 0.16% | +17,196 | New |
| Nicholson Wealth Management Group, LLC | 17,213 | $1.61M | 0.95% | +2,447+16.6% | Added |
| Hartford Investment Management Co | 17,256 | $1.62M | 0.05% | +349+2.1% | Added |
| Logan Capital Management Inc | 17,269 | $1.62M | 0.07% | +341+2.0% | Added |
| Benchmark Investment Advisors LLC | 17,141 | $1.62M | 0.94% | +17,141 | New |
| Kentucky Retirement Systems | 17,516 | $1.64M | 0.05% | +2,215+14.5% | Added |
| Brighton Jones LLC | 17,564 | $1.65M | 0.04% | +8,592+95.8% | Added |
| Metis Global Partners, LLC | 17,577 | $1.65M | 0.04% | +520+3.0% | Added |
| Los Angeles Capital Management LLC | 17,752 | $1.66M | 0.01% | −45,010−71.7% | Reduced |
| HB Wealth Management, LLC | 17,778 | $1.67M | 0.01% | +3,769+26.9% | Added |
| Zacks Investment Management | 17,854 | $1.67M | 0.01% | +125+0.7% | Added |
| Virtus Investment Advisers, Inc. | 17,859 | $1.67M | 0.48% | +5,750+47.5% | Added |
| Ameritas Investment Partners, Inc. | 18,118 | $1.70M | 0.05% | +1,406+8.4% | Added |
| Westwood Holdings Group Inc. | 18,141 | $1.70M | 0.01% | +18,141 | New |
| Teachers Retirement System of the State of Kentucky | 18,618 | $1.75M | 0.01% | 00.0% | Unchanged |
| Freedom Day Solutions, LLC | 18,632 | $1.75M | 0.47% | +129+0.7% | Added |
| Marex Group plc | 18,677 | $1.75M | 0.02% | +18,677 | New |
| Ostrum Asset Management | 18,781 | $1.76M | 0.08% | +11,989+176.5% | Added |
| Lido Advisors, LLC | 18,823 | $1.77M | 0.01% | +72+0.4% | Added |
| Crossmark Global Holdings, Inc. | 19,014 | $1.78M | 0.03% | −2,213−10.4% | Reduced |
| Farringdon Capital, Ltd. | 19,474 | $1.83M | 0.46% | +19,474 | New |
| Kesler, Norman & Wride, LLC | 17,951 | $1.83M | 0.36% | +187+1.1% | Added |
| Trueblood Wealth Management, LLC | 19,554 | $1.83M | 0.72% | +389+2.0% | Added |
| Fiduciary Trust Co | 19,813 | $1.86M | 0.02% | −190−0.9% | Reduced |
| Hilltop Holdings Inc. | 20,127 | $1.89M | 0.10% | −316−1.5% | Reduced |
| Swiss Life Asset Management Ltd | 20,144 | $1.89M | 0.01% | +2,383+13.4% | Added |
| Summit Trail Advisors, LLC | 20,287 | $1.90M | 0.03% | +13,836+214.5% | Added |
| Fairbanks Capital Management, Inc. | 20,376 | $1.91M | 1.04% | +5,491+36.9% | Added |
| CX Institutional | 20,409 | $1.91M | 0.06% | +265+1.3% | Added |
| Prospera Financial Services Inc | 20,714 | $1.94M | 0.03% | +2,969+16.7% | Added |
| IFP Advisors, Inc | 20,771 | $1.95M | 0.05% | −28−0.1% | Reduced |
| Cacti Asset Management LLC | 21,000 | $1.97M | 0.13% | 00.0% | Unchanged |
| We Are One Seven, LLC | 21,040 | $1.97M | 0.05% | −11,589−35.5% | Reduced |
| GAM Holding AG | 21,292 | $2.00M | 0.12% | +9,517+80.8% | Added |
| Numerai GP LLC | 21,456 | $2.01M | 0.28% | −8,975−29.5% | Reduced |
| Jefferies Financial Group Inc. | 21,508 | $2.02M | 0.02% | −277,133−92.8% | Reduced |
| Mizuho Securities USA LLC | 21,340 | $2.06M | 0.04% | +1,979+10.2% | Added |
| Glenmede Investment Management, LP | 22,043 | $2.07M | 0.01% | +5,467+33.0% | Added |
| Avanza Fonder AB | 22,190 | $2.08M | 0.05% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 22,602 | $2.12M | 0.00% | +1,061+4.9% | Added |
| QRG Capital Management, Inc. | 22,701 | $2.13M | 0.03% | −3,137−12.1% | Reduced |
| Two Sigma Investments, LP | 22,749 | $2.13M | 0.00% | −922,901−97.6% | Reduced |
| Schroder Investment Management Group | 22,962 | $2.14M | 0.00% | +5,508+31.6% | Added |
| Hancock Whitney Corp | 22,855 | $2.14M | 0.04% | 00.0% | Unchanged |
| Bessemer Group Inc | 23,020 | $2.16M | 0.00% | +1,937+9.2% | Added |
| D.A. Davidson & Co. | 23,070 | $2.16M | 0.01% | −513−2.2% | Reduced |
| Achmea Investment Management B.V. | 23,410 | $2.20M | 0.03% | 00.0% | Unchanged |
| Pacer Advisors, Inc. | 23,574 | $2.21M | 0.01% | −9,753−29.3% | Reduced |
| C WorldWide Group Holding A/S | 23,640 | $2.22M | 0.03% | +2,122+9.9% | Added |
| Toroso Investments, LLC | 23,673 | $2.22M | 0.01% | −192,974−89.1% | Reduced |
| Rockefeller Capital Management L.P. | 23,766 | $2.23M | 0.00% | +6,490+37.6% | Added |
| Blair William & Co | 23,975 | $2.25M | 0.01% | +1,283+5.7% | Added |
| Harbor Advisors LLC | 24,000 | $2.25M | 0.35% | 00.0% | Unchanged |
| Salem Investment Counselors Inc | 24,000 | $2.25M | 0.06% | +2,000+9.1% | Added |
| Twinbeech Capital LP | 24,186 | $2.27M | 0.09% | +24,186 | New |
| Lombard Odier Asset Management (USA) Corp | 24,231 | $2.27M | 0.51% | −21,297−46.8% | Reduced |
| Capital International Sarl | 24,270 | $2.28M | 0.04% | +16,240+202.2% | Added |
| Ethic Inc. | 24,595 | $2.31M | 0.04% | −5,464−18.2% | Reduced |
| Peninsula Asset Management Inc | 24,630 | $2.31M | 1.19% | +110+0.4% | Added |
| Pathstone Holdings, LLC | 24,659 | $2.31M | 0.01% | +596+2.5% | Added |
| Dark Forest Capital Management LP | 24,689 | $2.32M | 0.09% | +17,572+246.9% | Added |
| Savant Capital, LLC | 24,767 | $2.32M | 0.01% | −350−1.4% | Reduced |
| Wealthcare Advisory Partners LLC | 25,464 | $2.39M | 0.05% | −903−3.4% | Reduced |
| Davidson Kahn Capital Management, LLC | 25,468 | $2.39M | 1.33% | +9,658+61.1% | Added |
| Janus Henderson Group PLC | 25,545 | $2.40M | 0.00% | −53,109−67.5% | Reduced |
| Delta Global Management LP | 26,028 | $2.44M | 0.18% | +26,028 | New |
| Invst, LLC | 26,043 | $2.44M | 0.28% | +16,228+165.3% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 26,161 | $2.45M | 0.00% | +948+3.8% | Added |
| NEOS Investment Management LLC | 26,270 | $2.46M | 0.02% | +9,015+52.2% | Added |
| Ironwood Investment Counsel, LLC | 26,463 | $2.48M | 0.36% | −600−2.2% | Reduced |
| Oak Thistle LLC | 26,633 | $2.50M | 0.38% | +20,445+330.4% | Added |
| Advisory Services Network, LLC | 27,083 | $2.54M | 0.04% | −6,237−18.7% | Reduced |
| New Age Alpha Advisors, LLC | 27,170 | $2.55M | 0.11% | −725−2.6% | Reduced |
| Mitchell Capital Management Co | 27,591 | $2.59M | 0.44% | −5,315−16.2% | Reduced |
| Atria Investments LLC | 27,596 | $2.59M | 0.03% | −10,083−26.8% | Reduced |
| JustInvest LLC | 27,596 | $2.59M | 0.03% | −983−3.4% | Reduced |
| Steward Partners Investment Advisory, LLC | 28,207 | $2.65M | 0.02% | −1,817−6.1% | Reduced |
| Mackenzie Financial Corp | 28,276 | $2.65M | 0.00% | +5,260+22.9% | Added |
| FORA Capital, LLC | 28,463 | $2.67M | 0.47% | +28,463 | New |
| Susquehanna International Group, LLP | 28,562 | $2.68M | 0.00% | −76,252−72.7% | Reduced |
| Crawford Investment Counsel Inc | 28,580 | $2.68M | 0.04% | +2,904+11.3% | Added |
| Cim, LLC | 28,785 | $2.70M | 0.35% | +1,560+5.7% | Added |
| Tredje AP-fonden | 28,904 | $2.71M | 0.02% | +10,117+53.9% | Added |
| MML Investors Services, LLC | 29,209 | $2.74M | 0.01% | +1,739+6.3% | Added |
| Coldstream Capital Management Inc | 29,232 | $2.74M | 0.04% | +1,165+4.2% | Added |
| Elser Financial Planning, Inc | 29,529 | $2.76M | 3.32% | −25−0.1% | Reduced |
| Panagora Asset Management Inc | 29,626 | $2.78M | 0.01% | +14,496+95.8% | Added |
| Penobscot Investment Management Company, Inc. | 29,823 | $2.80M | 0.22% | +480+1.6% | Added |
| Cambridge Investment Research Advisors, Inc. | 30,258 | $2.84M | 0.01% | +13,985+85.9% | Added |
| Roundview Capital LLC | 30,282 | $2.84M | 0.18% | +4,093+15.6% | Added |
| HighTower Advisors, LLC | 30,364 | $2.85M | 0.00% | −8,709−22.3% | Reduced |
| WCM Investment Management, LLC | 30,798 | $2.86M | 0.01% | −13,778−30.9% | Reduced |
| Empowered Funds, LLC | 30,757 | $2.88M | 0.03% | +1,238+4.2% | Added |
| Ambassador Advisors, LLC | 30,980 | $2.91M | 0.43% | +230+0.7% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 31,019 | $2.91M | 0.01% | −8,867−22.2% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 31,104 | $2.92M | 0.08% | +355+1.2% | Added |