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 |
|---|---|---|---|---|---|
| Stifel Financial Corp | 308,515 | $28.9M | 0.03% | −80,145−20.6% | Reduced |
| Cresset Asset Management, LLC | 308,980 | $29.0M | 0.13% | +1,029+0.3% | Added |
| Squarepoint Ops LLC | 316,472 | $29.7M | 0.06% | −222,891−41.3% | Reduced |
| Ferguson Wellman Capital Management, Inc | 318,755 | $29.9M | 0.48% | −1,076−0.3% | Reduced |
| BNP Paribas Arbitrage, SA | 320,187 | $30.0M | 0.02% | −240,854−42.9% | Reduced |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 322,246 | $30.2M | 1.02% | +609+0.2% | Added |
| Holocene Advisors, LP | 323,374 | $30.3M | 0.07% | −283,053−46.7% | Reduced |
| Pictet Asset Management Holding SA | 325,827 | $30.6M | 0.03% | −31,486−8.8% | Reduced |
| CI Private Wealth, LLC | 341,736 | $32.1M | 0.05% | −1,679−0.5% | Reduced |
| Port Capital LLC | 343,450 | $32.2M | 1.34% | +1,270+0.4% | Added |
| FIL Ltd | 344,811 | $32.3M | 0.03% | +66,962+24.1% | Added |
| National Pension Service | 352,231 | $33.0M | 0.03% | +7,994+2.3% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 362,775 | $33.8M | 0.09% | +325,640+876.9% | Added |
| Bank of Nova Scotia | 374,572 | $35.1M | 0.06% | +284,315+315.0% | Added |
| Seven Grand Managers, LLC | 375,000 | $35.2M | 2.86% | −375,000−50.0% | Reduced |
| Storebrand Asset Management AS | 377,216 | $35.4M | 0.09% | +4,011+1.1% | Added |
| Local Pensions Partnership Investment Ltd | 389,000 | $36.5M | 0.62% | +127,000+48.5% | Added |
| California State Teachers Retirement System | 400,734 | $37.6M | 0.04% | +27,599+7.4% | Added |
| Osterweis Capital Management Inc | 423,591 | $39.7M | 1.79% | +93,368+28.3% | Added |
| Abn Amro Investment Solutions | 433,697 | $40.7M | 0.83% | −13,512−3.0% | Reduced |
| EULAV Asset Management | 444,900 | $41.7M | 0.97% | 00.0% | Unchanged |
| Nomura Asset Management Co Ltd | 471,239 | $44.2M | 0.12% | +68,603+17.0% | Added |
| TimesSquare Capital Management, LLC | 489,570 | $45.9M | 0.66% | +40,028+8.9% | Added |
| SEI Investments Co | 494,458 | $46.4M | 0.05% | −137,351−21.7% | Reduced |
| Gotham Asset Management, LLC | 496,186 | $46.5M | 0.20% | +248,110+100.0% | Added |
| Captrust Financial Advisors | 510,244 | $47.9M | 0.10% | +11,685+2.3% | Added |
| Schwartz Investment Counsel Inc | 532,400 | $49.9M | 1.68% | +13,250+2.6% | Added |
| CBOE Vest Financial, LLC | 533,491 | $50.0M | 0.65% | +72,052+15.6% | Added |
| Amundi | 541,093 | $51.1M | 0.02% | −291,584−35.0% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 551,609 | $51.7M | 0.11% | +65,139+13.4% | Added |
| Snyder Capital Management L P | 562,671 | $52.8M | 1.00% | −10,112−1.8% | Reduced |
| Rhumbline Advisers | 576,772 | $54.1M | 0.04% | +46,081+8.7% | Added |
| HSBC Holdings PLC | 589,094 | $55.2M | 0.03% | +35,162+6.3% | Added |
| Bank of Montreal | 598,646 | $56.1M | 0.02% | +83,045+16.1% | Added |
| Dundas Partners LLP | 633,541 | $59.4M | 4.19% | +130,430+25.9% | Added |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 642,233 | $60.2M | 0.04% | +55,399+9.4% | Added |
| Nuveen, LLC | 657,735 | $61.7M | 0.02% | −47,847−6.8% | Reduced |
| Congress Asset Management Co | 669,667 | $62.8M | 0.42% | −170,821−20.3% | Reduced |
| Polar Capital Holdings Plc | 675,000 | $63.3M | 0.31% | +135,000+25.0% | Added |
| Price T Rowe Associates Inc | 678,077 | $63.6M | 0.01% | −28,890−4.1% | Reduced |
| California Public Employees Retirement System | 700,249 | $65.7M | 0.04% | −224,173−24.3% | Reduced |
| Clarkston Capital Partners, LLC | 710,070 | $66.6M | 1.43% | −35,915−4.8% | Reduced |
| Envestnet Asset Management Inc | 713,444 | $66.9M | 0.02% | −27,851−3.8% | Reduced |
| Burkehill Global Management, LP | 750,000 | $70.3M | 4.00% | 00.0% | Unchanged |
| Verition Fund Management LLC | 776,267 | $72.8M | 0.42% | +289,213+59.4% | Added |
| Brown Brothers Harriman & Co | 788,715 | $74.0M | 0.45% | +158,557+25.2% | Added |
| Rathbone Brothers plc | 794,703 | $74.5M | 0.30% | +205,243+34.8% | Added |
| Macquarie Group Ltd | 814,402 | $76.4M | 0.09% | −46,353−5.4% | Reduced |
| Sumitomo Mitsui Trust Holdings, Inc. | 820,890 | $77.0M | 0.04% | +59,997+7.9% | Added |
| Nordea Investment Management AB | 842,364 | $78.7M | 0.07% | +327,406+63.6% | Added |
| Jain Global LLC | 843,015 | $79.1M | 1.03% | −154,786−15.5% | Reduced |
| Swiss National Bank | 855,700 | $80.3M | 0.05% | −32,000−3.6% | Reduced |
| Prana Capital Management, LP | 940,841 | $88.2M | 2.95% | +240,249+34.3% | Added |
| Renaissance Technologies LLC | 987,000 | $92.6M | 0.12% | +183,888+22.9% | Added |
| Close Asset Management Ltd | 1,086,688 | $101.9M | 2.27% | +956,877+737.1% | Added |
| Raymond James Financial Inc | 1,087,409 | $102.0M | 0.03% | −48,492−4.3% | Reduced |
| Gobi Capital LLC | 1,096,203 | $102.8M | 4.99% | +39,499+3.7% | Added |
| Natixis Advisors, L.P. | 1,127,622 | $105.8M | 0.15% | −3,009−0.3% | Reduced |
| Legal & General Group Plc | 1,150,971 | $107.9M | 0.02% | +33,758+3.0% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 1,204,130 | $112.9M | 0.28% | −30,313−2.5% | Reduced |
| AQR Capital Management LLC | 1,204,318 | $113.0M | 0.07% | +1,136,623+1,679.0% | Added |
| Royal London Asset Management Ltd | 1,288,850 | $120.9M | 0.26% | −155,617−10.8% | Reduced |
| Tandem Investment Advisors, Inc. | 1,385,214 | $129.9M | 4.44% | +569,037+69.7% | Added |
| Bank of New York Mellon Corp | 1,420,814 | $133.3M | 0.02% | +51,959+3.8% | Added |
| UBS Group AG | 1,496,107 | $140.3M | 0.03% | +603,908+67.7% | Added |
| UBS Asset Management Americas Inc | 1,529,769 | $143.5M | 0.03% | −386,223−20.2% | Reduced |
| Dimensional Fund Advisors LP | 1,570,515 | $147.3M | 0.03% | +18,504+1.2% | Added |
| Boston Partners | 1,587,950 | $148.9M | 0.15% | +43,447+2.8% | Added |
| Chilton Investment Co LLC | 1,630,609 | $152.9M | 3.12% | +130,009+8.7% | Added |
| ProShare Advisors LLC | 1,699,669 | $159.4M | 0.33% | +293,692+20.9% | Added |
| Charles Schwab Investment Management Inc | 1,706,954 | $160.1M | 0.03% | +85,533+5.3% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 1,808,874 | $169.7M | 0.31% | +72,695+4.2% | Added |
| JPMorgan Chase & Co | 1,931,839 | $181.2M | 0.01% | +1,217,171+170.3% | Added |
| Kempen Capital Management N.V. | 1,949,536 | $182.8M | 1.63% | +1,949,536 | New |
| Madison Asset Management, LLC | 2,008,760 | $188.4M | 2.08% | −33,526−1.6% | Reduced |
| Goldman Sachs Group Inc | 2,129,104 | $199.7M | 0.03% | −3,013−0.1% | Reduced |
| Fenimore Asset Management Inc | 2,156,455 | $202.3M | 4.05% | +16,263+0.8% | Added |
| Manufacturers Life Insurance Company, The | 2,307,276 | $216.4M | 0.18% | −36,978−1.6% | Reduced |
| Caisse de Depot Et Placement du Quebec | 2,339,505 | $219.4M | 0.40% | −98,849−4.1% | Reduced |
| Invesco Ltd. | 2,402,009 | $225.3M | 0.04% | −1,764,361−42.3% | Reduced |
| Barclays PLC | 2,515,061 | $235.9M | 0.09% | −466,777−15.7% | Reduced |
| Deutsche Bank AG | 2,567,527 | $240.8M | 0.08% | +932,563+57.0% | Added |
| Bank of America Corp | 2,576,407 | $241.6M | 0.02% | −126,602−4.7% | Reduced |
| Northern Trust Corp | 2,602,360 | $244.1M | 0.03% | +83,603+3.3% | Added |
| Allspring Global Investments Holdings, LLC | 2,745,053 | $254.6M | 0.41% | −666,174−19.5% | Reduced |
| Wells Fargo & Company | 3,204,876 | $300.6M | 0.06% | +60,882+1.9% | Added |
| Morgan Stanley | 4,694,589 | $440.3M | 0.03% | −1,026,909−17.9% | Reduced |
| Royal Bank of Canada | 4,887,675 | $458.4M | 0.08% | +1,692,152+53.0% | Added |
| Select Equity Group, L.P. | 6,076,399 | $569.9M | 2.44% | +330,694+5.8% | Added |
| Parnassus Investments | 6,834,855 | $641.0M | 1.48% | −182,265−2.6% | Reduced |
| Geode Capital Management, LLC | 7,834,732 | $731.9M | 0.05% | +465,156+6.3% | Added |
| FMR LLC | 11,953,261 | $1.12B | 0.06% | +3,513,727+41.6% | Added |
| State Street Corp | 13,120,826 | $1.23B | 0.04% | +660,005+5.3% | Added |
| Principal Financial Group Inc | 15,416,190 | $1.45B | 0.73% | +1,821,229+13.4% | Added |
| Capital World Investors | 17,479,389 | $1.64B | 0.22% | +7,827,992+81.1% | Added |
| BlackRock, Inc. | 20,973,989 | $1.97B | 0.03% | +457,424+2.2% | Added |
| Vanguard Group Inc | 37,330,892 | $3.50B | 0.05% | +1,705,570+4.8% | Added |
| Erste Asset Management GmbH | 0 | $0 | 0.00% | −18,536−100.0% | Sold out |
| Freestone Grove Partners LP | 0 | $0 | 0.00% | −1,144,514−100.0% | Sold out |
| Woodline Partners LP | 0 | $0 | 0.00% | −1,079,076−100.0% | Sold out |