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 |
|---|---|---|---|---|---|
| Whittier Trust Co of Nevada Inc | 88,645 | $8.42M | 0.18% | +399+0.5% | Added |
| Mn Services Vermogensbeheer B.V. | 91,000 | $8.54M | 0.06% | 00.0% | Unchanged |
| Kennedy Capital Management, Inc. | 91,003 | $8.54M | 0.19% | −15,972−14.9% | Reduced |
| Terry L. Blaker | 91,904 | $8.62M | 0.32% | +849+0.9% | Added |
| Cooper Investors Pty Ltd | 92,540 | $8.68M | 2.37% | 00.0% | Unchanged |
| Speece Thorson Capital Group Inc | 94,787 | $8.89M | 1.78% | −1,067−1.1% | Reduced |
| Creative Planning | 95,180 | $8.93M | 0.01% | +24,982+35.6% | Added |
| Rafferty Asset Management, LLC | 97,513 | $9.15M | 0.03% | +4,380+4.7% | Added |
| Millennium Management LLC | 98,699 | $9.26M | 0.01% | −825,483−89.3% | Reduced |
| Pictet North America Advisors SA | 98,837 | $9.27M | 0.87% | −540−0.5% | Reduced |
| WealthPlan Investment Management, LLC | 99,139 | $9.30M | 0.62% | −1,769−1.8% | Reduced |
| Spring Capital Management, LLC | 100,510 | $9.43M | 4.62% | +4,765+5.0% | Added |
| KLP Kapitalforvaltning AS | 101,700 | $9.54M | 0.04% | +500+0.5% | Added |
| Guggenheim Capital LLC | 102,074 | $9.57M | 0.07% | −4,113−3.9% | Reduced |
| State of Tennessee, Treasury Department | 103,468 | $9.70M | 0.03% | +22,934+28.5% | Added |
| State of New Jersey Common Pension Fund D | 103,914 | $9.75M | 0.04% | +24,205+30.4% | Added |
| Yousif Capital Management, LLC | 104,954 | $9.84M | 0.11% | −2,804−2.6% | Reduced |
| Tower Bridge Advisors | 105,138 | $9.86M | 0.98% | +59,445+130.1% | Added |
| Korea Investment CORP | 107,950 | $10.1M | 0.02% | −55,488−34.0% | Reduced |
| Copeland Capital Management, LLC | 108,103 | $10.1M | 0.21% | +58,630+118.5% | Added |
| Voya Investment Management LLC | 108,200 | $10.1M | 0.01% | −39,944−27.0% | Reduced |
| Lountzis Asset Management, LLC | 108,600 | $10.2M | 3.32% | −118−0.1% | Reduced |
| Charter Trust Co | 109,246 | $10.2M | 0.62% | −49,515−31.2% | Reduced |
| Segall Bryant & Hamill, LLC | 110,960 | $10.4M | 0.14% | −2,802−2.5% | Reduced |
| Quantinno Capital Management LP | 111,504 | $10.5M | 0.03% | +2,878+2.6% | Added |
| Winton Group Ltd | 112,808 | $10.6M | 0.40% | +108,417+2,469.1% | Added |
| Vaughan David Investments LLC | 113,372 | $10.6M | 0.23% | 00.0% | Unchanged |
| Rakuten Investment Management, Inc. | 241,414 | $10.7M | 0.04% | +241,414 | New |
| T. Rowe Price Investment Management, Inc. | 118,792 | $11.1M | 0.01% | +111,472+1,522.8% | Added |
| Umb Bank N A | 118,944 | $11.2M | 0.16% | +1,129+1.0% | Added |
| Franklin Resources Inc | 123,362 | $11.6M | 0.00% | +2,797+2.3% | Added |
| Asset Management One Co.,Ltd. | 123,685 | $11.6M | 0.03% | +16,559+15.5% | Added |
| Janney Montgomery Scott LLC | 123,865 | $11.6M | 0.03% | +2,996+2.5% | Added |
| Omers Administration Corp | 124,671 | $11.7M | 0.08% | +26,100+26.5% | Added |
| Zimmer Partners, LP | 125,000 | $11.7M | 0.29% | +84,615+209.5% | Added |
| Intech Investment Management LLC | 125,004 | $11.7M | 0.10% | −79,701−38.9% | Reduced |
| Treasurer of the State of North Carolina | 125,436 | $11.8M | 0.04% | −3,299−2.6% | Reduced |
| New York State Common Retirement Fund | 126,718 | $11.9M | 0.02% | −2,407−1.9% | Reduced |
| Resona Asset Management Co.,Ltd. | 128,228 | $12.0M | 0.06% | +431+0.3% | Added |
| Taikang Asset Management (Hong Kong) Co Ltd | 130,978 | $12.3M | 1.37% | +130,978 | New |
| Andra AP-fonden | 132,304 | $12.4M | 0.16% | +36,500+38.1% | Added |
| Mattern Capital Management, LLC | 132,379 | $12.4M | 1.46% | +13,181+11.1% | Added |
| Sterling Capital Management LLC | 134,572 | $12.6M | 0.18% | −316−0.2% | Reduced |
| Handelsbanken Fonder AB | 135,934 | $12.7M | 0.04% | −1,124,100−89.2% | Reduced |
| Capital Fund Management S.A. | 137,444 | $12.9M | 0.13% | +96,823+238.4% | Added |
| Toronto Dominion Bank | 139,050 | $13.0M | 0.03% | −6,776−4.6% | Reduced |
| TD Asset Management Inc | 139,719 | $13.1M | 0.01% | −85,379−37.9% | Reduced |
| Ensign Peak Advisors, Inc | 142,199 | $13.3M | 0.02% | −22,010−13.4% | Reduced |
| Chevy Chase Trust Holdings, Inc. | 149,532 | $14.0M | 0.04% | +1,608+1.1% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 149,543 | $14.0M | 0.12% | +18,900+14.5% | Added |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 152,138 | $14.3M | 0.02% | +14,868+10.8% | Added |
| Prudential Financial Inc | 155,566 | $14.6M | 0.02% | −38,279−19.7% | Reduced |
| Sanctuary Advisors, LLC | 158,426 | $14.9M | 0.09% | +1,508+1.0% | Added |
| State of Wisconsin Investment Board | 165,095 | $15.5M | 0.04% | −12,341−7.0% | Reduced |
| Great West Life Assurance Co | 167,172 | $15.5M | 0.02% | −2,693−1.6% | Reduced |
| Incline Global Management LLC | 165,825 | $15.6M | 4.61% | +165,825 | New |
| Running Oak Capital LLC | 167,571 | $15.7M | 1.76% | +15,531+10.2% | Added |
| 1832 Asset Management L.P. | 170,540 | $16.0M | 0.03% | +37,906+28.6% | Added |
| Public Employees Retirement Association of Colorado | 171,991 | $16.1M | 0.06% | −82,100−32.3% | Reduced |
| Victory Capital Management Inc | 173,285 | $16.3M | 0.01% | +4,146+2.5% | Added |
| Distillate Capital Partners LLC | 174,232 | $16.3M | 0.85% | +174,232 | New |
| Wellington Management Group LLP | 175,793 | $16.5M | 0.00% | +53,653+43.9% | Added |
| Baird Financial Group, Inc. | 179,389 | $16.8M | 0.03% | +589+0.3% | Added |
| Commonwealth Equity Services, LLC | 180,153 | $16.9M | 0.02% | +11,945+7.1% | Added |
| Advisor Group Holdings, Inc. | 182,111 | $17.0M | 0.02% | +116,523+177.7% | Added |
| Standard Life Aberdeen plc | 183,564 | $17.1M | 0.03% | +14,008+8.3% | Added |
| Danske Bank A/S | 182,563 | $17.1M | 0.04% | −87,668−32.4% | Reduced |
| Whittier Trust Co | 180,445 | $17.1M | 0.20% | +2,954+1.7% | Added |
| National Bank of Canada | 183,684 | $17.2M | 0.02% | −16,040−8.0% | Reduced |
| Canada Pension Plan Investment Board | 193,391 | $18.1M | 0.01% | +185,074+2,225.2% | Added |
| Summit Wealth Partners, LLC | 201,700 | $18.9M | 3.41% | 00.0% | Unchanged |
| Motley Fool Wealth Management, LLC | 202,822 | $19.0M | 1.29% | −24,091−10.6% | Reduced |
| New York State Teachers Retirement System | 203,867 | $19.1M | 0.04% | −6,408−3.0% | Reduced |
| Candriam Luxembourg S.C.A. | 217,538 | $20.4M | 0.11% | −12,855−5.6% | Reduced |
| Aviva PLC | 227,797 | $21.4M | 0.04% | +69,427+43.8% | Added |
| Aware Super Pty Ltd as trustee of Aware Super | 228,374 | $21.4M | 0.29% | +45,705+25.0% | Added |
| State Board of Administration of Florida Retirement System | 243,298 | $22.8M | 0.04% | −18,469−7.1% | Reduced |
| Ghisallo Capital Management LLC | 250,000 | $23.4M | 0.77% | −1,850,000−88.1% | Reduced |
| Renaissance Group LLC | 250,065 | $23.5M | 0.88% | −24,492−8.9% | Reduced |
| Kensico Capital Management Corp | 252,000 | $23.6M | 0.36% | +252,000 | New |
| Citigroup Inc | 253,034 | $23.7M | 0.02% | −155,750−38.1% | Reduced |
| DekaBank Deutsche Girozentrale | 260,347 | $24.2M | 0.04% | 00.0% | Unchanged |
| LPL Financial LLC | 261,781 | $24.6M | 0.01% | −13,845−5.0% | Reduced |
| Quantum Capital Management, LLC | 261,796 | $24.6M | 2.69% | +164,519+169.1% | Added |
| Allianz Asset Management GmbH | 262,032 | $24.6M | 0.03% | −29,854−10.2% | Reduced |
| D. E. Shaw & Co., Inc. | 265,595 | $24.9M | 0.02% | −318,125−54.5% | Reduced |
| Truist Financial Corp | 268,138 | $25.1M | 0.03% | +1,932+0.7% | Added |
| Capitolis Liquid Global Markets LLC | 268,900 | $25.2M | 0.20% | +268,900 | New |
| Credit Agricole S A | 269,664 | $25.3M | 0.08% | +269,664 | New |
| APG Asset Management N.V. | 324,810 | $25.9M | 0.07% | −95,817−22.8% | Reduced |
| Russell Investments Group, Ltd. | 280,955 | $26.3M | 0.03% | +126,113+81.4% | Added |
| Ameriprise Financial Inc | 281,421 | $26.4M | 0.01% | −21,640−7.1% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 281,531 | $26.4M | 0.42% | +281,531 | New |
| Prospector Partners LLC | 281,622 | $26.4M | 3.18% | −255−0.1% | Reduced |
| DF Dent & Co Inc | 285,463 | $26.8M | 0.35% | +285,463 | New |
| Vancity Investment Management Ltd | 289,863 | $27.2M | 3.62% | −2,275−0.8% | Reduced |
| Alliancebernstein L.P. | 292,320 | $27.4M | 0.01% | +29,870+11.4% | Added |
| Philo Smith Capital Corp | 292,450 | $27.4M | 7.62% | +20,000+7.3% | Added |
| Confluence Investment Management LLC | 298,360 | $28.0M | 0.40% | −1,445−0.5% | Reduced |
| Barr E S & Co | 304,698 | $28.6M | 1.55% | +302,761+15,630.4% | Added |