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 |
|---|---|---|---|---|---|
| Alliancebernstein L.P. | 292,320 | $27.4M | 0.01% | +29,870+11.4% | Added |
| Vancity Investment Management Ltd | 289,863 | $27.2M | 3.62% | −2,275−0.8% | Reduced |
| DF Dent & Co Inc | 285,463 | $26.8M | 0.35% | +285,463 | New |
| Prospector Partners LLC | 281,622 | $26.4M | 3.18% | −255−0.1% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 281,531 | $26.4M | 0.42% | +281,531 | New |
| Ameriprise Financial Inc | 281,421 | $26.4M | 0.01% | −21,640−7.1% | Reduced |
| Russell Investments Group, Ltd. | 280,955 | $26.3M | 0.03% | +126,113+81.4% | Added |
| APG Asset Management N.V. | 324,810 | $25.9M | 0.07% | −95,817−22.8% | Reduced |
| Credit Agricole S A | 269,664 | $25.3M | 0.08% | +269,664 | New |
| Capitolis Liquid Global Markets LLC | 268,900 | $25.2M | 0.20% | +268,900 | New |
| Truist Financial Corp | 268,138 | $25.1M | 0.03% | +1,932+0.7% | Added |
| D. E. Shaw & Co., Inc. | 265,595 | $24.9M | 0.02% | −318,125−54.5% | Reduced |
| Allianz Asset Management GmbH | 262,032 | $24.6M | 0.03% | −29,854−10.2% | Reduced |
| Quantum Capital Management, LLC | 261,796 | $24.6M | 2.69% | +164,519+169.1% | Added |
| LPL Financial LLC | 261,781 | $24.6M | 0.01% | −13,845−5.0% | Reduced |
| DekaBank Deutsche Girozentrale | 260,347 | $24.2M | 0.04% | 00.0% | Unchanged |
| Citigroup Inc | 253,034 | $23.7M | 0.02% | −155,750−38.1% | Reduced |
| Kensico Capital Management Corp | 252,000 | $23.6M | 0.36% | +252,000 | New |
| Renaissance Group LLC | 250,065 | $23.5M | 0.88% | −24,492−8.9% | Reduced |
| Ghisallo Capital Management LLC | 250,000 | $23.4M | 0.77% | −1,850,000−88.1% | Reduced |
| State Board of Administration of Florida Retirement System | 243,298 | $22.8M | 0.04% | −18,469−7.1% | Reduced |
| Aware Super Pty Ltd as trustee of Aware Super | 228,374 | $21.4M | 0.29% | +45,705+25.0% | Added |
| Aviva PLC | 227,797 | $21.4M | 0.04% | +69,427+43.8% | Added |
| Candriam Luxembourg S.C.A. | 217,538 | $20.4M | 0.11% | −12,855−5.6% | Reduced |
| New York State Teachers Retirement System | 203,867 | $19.1M | 0.04% | −6,408−3.0% | Reduced |
| Motley Fool Wealth Management, LLC | 202,822 | $19.0M | 1.29% | −24,091−10.6% | Reduced |
| Summit Wealth Partners, LLC | 201,700 | $18.9M | 3.41% | 00.0% | Unchanged |
| Canada Pension Plan Investment Board | 193,391 | $18.1M | 0.01% | +185,074+2,225.2% | Added |
| National Bank of Canada | 183,684 | $17.2M | 0.02% | −16,040−8.0% | Reduced |
| Whittier Trust Co | 180,445 | $17.1M | 0.20% | +2,954+1.7% | Added |
| Danske Bank A/S | 182,563 | $17.1M | 0.04% | −87,668−32.4% | Reduced |
| Standard Life Aberdeen plc | 183,564 | $17.1M | 0.03% | +14,008+8.3% | Added |
| Advisor Group Holdings, Inc. | 182,111 | $17.0M | 0.02% | +116,523+177.7% | Added |
| Commonwealth Equity Services, LLC | 180,153 | $16.9M | 0.02% | +11,945+7.1% | Added |
| Baird Financial Group, Inc. | 179,389 | $16.8M | 0.03% | +589+0.3% | Added |
| Wellington Management Group LLP | 175,793 | $16.5M | 0.00% | +53,653+43.9% | Added |
| Distillate Capital Partners LLC | 174,232 | $16.3M | 0.85% | +174,232 | New |
| Victory Capital Management Inc | 173,285 | $16.3M | 0.01% | +4,146+2.5% | Added |
| Public Employees Retirement Association of Colorado | 171,991 | $16.1M | 0.06% | −82,100−32.3% | Reduced |
| 1832 Asset Management L.P. | 170,540 | $16.0M | 0.03% | +37,906+28.6% | Added |
| Running Oak Capital LLC | 167,571 | $15.7M | 1.76% | +15,531+10.2% | Added |
| Incline Global Management LLC | 165,825 | $15.6M | 4.61% | +165,825 | New |
| Great West Life Assurance Co | 167,172 | $15.5M | 0.02% | −2,693−1.6% | Reduced |
| State of Wisconsin Investment Board | 165,095 | $15.5M | 0.04% | −12,341−7.0% | Reduced |
| Sanctuary Advisors, LLC | 158,426 | $14.9M | 0.09% | +1,508+1.0% | Added |
| Prudential Financial Inc | 155,566 | $14.6M | 0.02% | −38,279−19.7% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 152,138 | $14.3M | 0.02% | +14,868+10.8% | Added |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 149,543 | $14.0M | 0.12% | +18,900+14.5% | Added |
| Chevy Chase Trust Holdings, Inc. | 149,532 | $14.0M | 0.04% | +1,608+1.1% | Added |
| Ensign Peak Advisors, Inc | 142,199 | $13.3M | 0.02% | −22,010−13.4% | Reduced |
| TD Asset Management Inc | 139,719 | $13.1M | 0.01% | −85,379−37.9% | Reduced |
| Toronto Dominion Bank | 139,050 | $13.0M | 0.03% | −6,776−4.6% | Reduced |
| Capital Fund Management S.A. | 137,444 | $12.9M | 0.13% | +96,823+238.4% | Added |
| Handelsbanken Fonder AB | 135,934 | $12.7M | 0.04% | −1,124,100−89.2% | Reduced |
| Sterling Capital Management LLC | 134,572 | $12.6M | 0.18% | −316−0.2% | Reduced |
| Mattern Capital Management, LLC | 132,379 | $12.4M | 1.46% | +13,181+11.1% | Added |
| Andra AP-fonden | 132,304 | $12.4M | 0.16% | +36,500+38.1% | Added |
| Taikang Asset Management (Hong Kong) Co Ltd | 130,978 | $12.3M | 1.37% | +130,978 | New |
| Resona Asset Management Co.,Ltd. | 128,228 | $12.0M | 0.06% | +431+0.3% | Added |
| New York State Common Retirement Fund | 126,718 | $11.9M | 0.02% | −2,407−1.9% | Reduced |
| Treasurer of the State of North Carolina | 125,436 | $11.8M | 0.04% | −3,299−2.6% | Reduced |
| Intech Investment Management LLC | 125,004 | $11.7M | 0.10% | −79,701−38.9% | Reduced |
| Zimmer Partners, LP | 125,000 | $11.7M | 0.29% | +84,615+209.5% | Added |
| Omers Administration Corp | 124,671 | $11.7M | 0.08% | +26,100+26.5% | Added |
| Janney Montgomery Scott LLC | 123,865 | $11.6M | 0.03% | +2,996+2.5% | Added |
| Asset Management One Co.,Ltd. | 123,685 | $11.6M | 0.03% | +16,559+15.5% | Added |
| Franklin Resources Inc | 123,362 | $11.6M | 0.00% | +2,797+2.3% | Added |
| Umb Bank N A | 118,944 | $11.2M | 0.16% | +1,129+1.0% | Added |
| T. Rowe Price Investment Management, Inc. | 118,792 | $11.1M | 0.01% | +111,472+1,522.8% | Added |
| Rakuten Investment Management, Inc. | 241,414 | $10.7M | 0.04% | +241,414 | New |
| Vaughan David Investments LLC | 113,372 | $10.6M | 0.23% | 00.0% | Unchanged |
| Winton Group Ltd | 112,808 | $10.6M | 0.40% | +108,417+2,469.1% | Added |
| Quantinno Capital Management LP | 111,504 | $10.5M | 0.03% | +2,878+2.6% | Added |
| Segall Bryant & Hamill, LLC | 110,960 | $10.4M | 0.14% | −2,802−2.5% | Reduced |
| Charter Trust Co | 109,246 | $10.2M | 0.62% | −49,515−31.2% | Reduced |
| Lountzis Asset Management, LLC | 108,600 | $10.2M | 3.32% | −118−0.1% | Reduced |
| Voya Investment Management LLC | 108,200 | $10.1M | 0.01% | −39,944−27.0% | Reduced |
| Copeland Capital Management, LLC | 108,103 | $10.1M | 0.21% | +58,630+118.5% | Added |
| Korea Investment CORP | 107,950 | $10.1M | 0.02% | −55,488−34.0% | Reduced |
| Tower Bridge Advisors | 105,138 | $9.86M | 0.98% | +59,445+130.1% | Added |
| Yousif Capital Management, LLC | 104,954 | $9.84M | 0.11% | −2,804−2.6% | Reduced |
| State of New Jersey Common Pension Fund D | 103,914 | $9.75M | 0.04% | +24,205+30.4% | Added |
| State of Tennessee, Treasury Department | 103,468 | $9.70M | 0.03% | +22,934+28.5% | Added |
| Guggenheim Capital LLC | 102,074 | $9.57M | 0.07% | −4,113−3.9% | Reduced |
| KLP Kapitalforvaltning AS | 101,700 | $9.54M | 0.04% | +500+0.5% | Added |
| Spring Capital Management, LLC | 100,510 | $9.43M | 4.62% | +4,765+5.0% | Added |
| WealthPlan Investment Management, LLC | 99,139 | $9.30M | 0.62% | −1,769−1.8% | Reduced |
| Pictet North America Advisors SA | 98,837 | $9.27M | 0.87% | −540−0.5% | Reduced |
| Millennium Management LLC | 98,699 | $9.26M | 0.01% | −825,483−89.3% | Reduced |
| Rafferty Asset Management, LLC | 97,513 | $9.15M | 0.03% | +4,380+4.7% | Added |
| Creative Planning | 95,180 | $8.93M | 0.01% | +24,982+35.6% | Added |
| Speece Thorson Capital Group Inc | 94,787 | $8.89M | 1.78% | −1,067−1.1% | Reduced |
| Cooper Investors Pty Ltd | 92,540 | $8.68M | 2.37% | 00.0% | Unchanged |
| Terry L. Blaker | 91,904 | $8.62M | 0.32% | +849+0.9% | Added |
| Kennedy Capital Management, Inc. | 91,003 | $8.54M | 0.19% | −15,972−14.9% | Reduced |
| Mn Services Vermogensbeheer B.V. | 91,000 | $8.54M | 0.06% | 00.0% | Unchanged |
| Whittier Trust Co of Nevada Inc | 88,645 | $8.42M | 0.18% | +399+0.5% | Added |
| Heron Bay Capital Management | 89,341 | $8.38M | 1.56% | −548−0.6% | Reduced |
| US Bancorp | 88,737 | $8.32M | 0.01% | −1,232−1.4% | Reduced |
| Lansforsakringar Fondforvaltning AB (publ) | 88,568 | $8.31M | 0.04% | 00.0% | Unchanged |