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 |
|---|---|---|---|---|---|
| Lynwood Price Capital Management LP | 88,000 | $8.25M | 4.13% | +55,200+168.3% | Added |
| Arizona State Retirement System | 87,802 | $8.23M | 0.04% | +2,138+2.5% | Added |
| Motley Fool Asset Management LLC | 87,663 | $8.22M | 0.34% | +1,799+2.1% | Added |
| ExodusPoint Capital Management, LP | 87,650 | $8.22M | 0.12% | +43,864+100.2% | Added |
| Public Employees Retirement System of Ohio | 87,159 | $8.17M | 0.03% | −2,813−3.1% | Reduced |
| Marks Group Wealth Management, Inc | 86,667 | $8.13M | 0.76% | −1,234−1.4% | Reduced |
| Assenagon Asset Management S.A. | 86,213 | $8.09M | 0.01% | −866,210−90.9% | Reduced |
| First Trust Advisors LP | 81,309 | $7.63M | 0.01% | −562,893−87.4% | Reduced |
| Diamond Hill Capital Management Inc | 79,697 | $7.47M | 0.04% | 00.0% | Unchanged |
| State of Michigan Retirement System | 79,251 | $7.43M | 0.04% | +3,100+4.1% | Added |
| Hantz Financial Services, Inc. | 78,811 | $7.39M | 0.11% | −12,585−13.8% | Reduced |
| Ossiam | 77,586 | $7.28M | 0.09% | +73,576+1,834.8% | Added |
| BCM Advisors, LLC | 88,258 | $7.27M | 1.46% | +80.0% | Added |
| CIBC Asset Management Inc | 77,260 | $7.25M | 0.02% | −21,708−21.9% | Reduced |
| Cerity Partners LLC | 76,985 | $7.22M | 0.01% | +34,888+82.9% | Added |
| Mariner, LLC | 74,690 | $7.01M | 0.01% | +23,112+44.8% | Added |
| Czech National Bank | 74,415 | $6.98M | 0.05% | +5,907+8.6% | Added |
| Jones Financial Companies LLLP | 74,124 | $6.95M | 0.00% | +23,506+46.4% | Added |
| MetLife Investment Management | 73,859 | $6.93M | 0.03% | +1,198+1.6% | Added |
| Neuberger Berman Group LLC | 73,350 | $6.88M | 0.01% | +28,865+64.9% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 73,142 | $6.86M | 0.03% | −25,793−26.1% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 72,360 | $6.79M | 0.02% | +10,840+17.6% | Added |
| Atom Investors LP | 70,910 | $6.65M | 0.50% | +52,914+294.0% | Added |
| 2Xideas AG | 70,685 | $6.63M | 1.40% | +70,685 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 70,360 | $6.60M | 0.03% | +1,622+2.4% | Added |
| GHP Investment Advisors, Inc. | 70,041 | $6.57M | 0.28% | +70,041 | New |
| Comerica Bank | 68,337 | $6.41M | 0.02% | −6,827−9.1% | Reduced |
| Boston Trust Walden Corp | 67,667 | $6.35M | 0.05% | +725+1.1% | Added |
| HWG Holdings LP | 67,101 | $6.29M | 1.59% | −5,923−8.1% | Reduced |
| Jackson Hill Advisors, LLC | 65,000 | $6.10M | 2.88% | +65,000 | New |
| Public Sector Pension Investment Board | 63,224 | $5.93M | 0.02% | +5,567+9.7% | Added |
| CWM, LLC | 62,545 | $5.87M | 0.02% | +56,265+895.9% | Added |
| Retirement Systems of Alabama | 62,501 | $5.86M | 0.02% | +1,526+2.5% | Added |
| O'Shaughnessy Asset Management, LLC | 62,171 | $5.83M | 0.03% | +9,186+17.3% | Added |
| CIBC Private Wealth Group, LLC | 61,653 | $5.78M | 0.01% | −1,359,536−95.7% | Reduced |
| Citadel Advisors LLC | 60,451 | $5.67M | 0.00% | −5,206,846−98.9% | Reduced |
| Westbourne Investment Advisors, Inc. | 59,964 | $5.62M | 1.57% | +59,964 | New |
| GWM Advisors LLC | 59,078 | $5.54M | 0.03% | +1,413+2.5% | Added |
| Forsta Ap-Fonden | 58,500 | $5.49M | 0.03% | +12,700+27.7% | Added |
| Amalgamated Bank | 57,578 | $5.40M | 0.04% | +7,117+14.1% | Added |
| Benjamin Edwards Inc | 57,504 | $5.39M | 0.06% | −2,446−4.1% | Reduced |
| DnB Asset Management AS | 57,482 | $5.39M | 0.02% | +255+0.4% | Added |
| Stonebridge Financial Group, LLC | 56,323 | $5.28M | 0.47% | +746+1.3% | Added |
| Sawgrass Asset Management LLC | 55,397 | $5.20M | 0.64% | +55,397 | New |
| Wilson Asset Management (International) Pty Ltd | 54,440 | $5.11M | 1.26% | 00.0% | Unchanged |
| Schonfeld Strategic Advisors LLC | 54,028 | $5.07M | 0.04% | −273,347−83.5% | Reduced |
| The PNC Financial Services Group, Inc. | 52,722 | $4.94M | 0.00% | +6,346+13.7% | Added |
| IFM Investors Pty Ltd | 52,258 | $4.90M | 0.04% | 00.0% | Unchanged |
| Vaughan Nelson Investment Management, L.P. | 52,225 | $4.90M | 0.04% | +23,090+79.3% | Added |
| Nisa Investment Advisors, LLC | 49,426 | $4.64M | 0.02% | −20,164−29.0% | Reduced |
| Daiwa Securities Group Inc. | 49,258 | $4.62M | 0.02% | +13,099+36.2% | Added |
| Mirae Asset Global Investments Co., Ltd. | 48,600 | $4.56M | 0.01% | +14,678+43.3% | Added |
| SRS Capital Advisors, Inc. | 48,507 | $4.55M | 0.07% | +48,000+9,467.5% | Added |
| Wiley Bros.-Aintree Capital, LLC | 48,455 | $4.54M | 0.03% | −2,310−4.6% | Reduced |
| Silphium Asset Management Ltd | 48,323 | $4.53M | 1.34% | +8,100+20.1% | Added |
| FJ Capital Management LLC | 47,837 | $4.49M | 0.48% | +11,879+33.0% | Added |
| Park National Corp | 46,125 | $4.33M | 0.14% | −5,450−10.6% | Reduced |
| Utah Retirement Systems | 46,062 | $4.32M | 0.04% | +4,858+11.8% | Added |
| Cetera Investment Advisers | 45,499 | $4.27M | 0.00% | +6,108+15.5% | Added |
| Fuller & Thaler Asset Management, Inc. | 45,284 | $4.25M | 0.01% | +7,326+19.3% | Added |
| Xponance, Inc. | 45,045 | $4.22M | 0.03% | −5,718−11.3% | Reduced |
| KBC Group NV | 44,821 | $4.20M | 0.01% | +3,237+7.8% | Added |
| Natixis | 44,790 | $4.20M | 0.02% | −53,709−54.5% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 44,599 | $4.18M | 0.03% | +2,804+6.7% | Added |
| Leavell Investment Management, Inc. | 44,307 | $4.16M | 0.18% | −13,187−22.9% | Reduced |
| Stephens Inc | 42,744 | $4.01M | 0.05% | +17,982+72.6% | Added |
| British Columbia Investment Management Corp | 42,656 | $4.00M | 0.02% | −3,463−7.5% | Reduced |
| Wall Street Access Asset Management, LLC | 42,048 | $3.94M | 0.98% | 00.0% | Unchanged |
| First National Bank of Omaha | 41,751 | $3.92M | 0.25% | −1,924−4.4% | Reduced |
| Mutual of America Capital Management LLC | 40,833 | $3.83M | 0.04% | −1,359−3.2% | Reduced |
| CIBC Bancorp USA Inc. | 40,561 | $3.80M | 0.02% | +40,561 | New |
| Teacher Retirement System of Texas | 40,312 | $3.78M | 0.02% | −32,775−44.8% | Reduced |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 40,077 | $3.76M | 0.03% | +8,507+26.9% | Added |
| Threadgill Financial, LLC | 39,734 | $3.73M | 1.81% | +4,683+13.4% | Added |
| New York Life Investment Management LLC | 39,728 | $3.73M | 0.03% | +7,328+22.6% | Added |
| Arrowstreet Capital, Limited Partnership | 39,634 | $3.72M | 0.00% | −13,469−25.4% | Reduced |
| Nissay Asset Management Corp | 38,488 | $3.61M | 0.02% | +6,582+20.6% | Added |
| Brookstone Capital Management | 38,394 | $3.60M | 0.04% | +9,127+31.2% | Added |
| Southeast Asset Advisors Inc. | 37,699 | $3.54M | 0.39% | +3,587+10.5% | Added |
| Wealth Enhancement Advisory Services, LLC | 36,848 | $3.52M | 0.01% | −22,502−37.9% | Reduced |
| Mogy Joel R Investment Counsel Inc | 36,697 | $3.44M | 0.19% | −13,719−27.2% | Reduced |
| WealthPLAN Partners, LLC | 36,570 | $3.43M | 0.51% | +879+2.5% | Added |
| First National Advisers, LLC | 36,098 | $3.39M | 0.46% | +857+2.4% | Added |
| Legacy Financial Strategies, LLC | 35,984 | $3.37M | 0.61% | +2,174+6.4% | Added |
| Integrity Financial Corp | 35,776 | $3.36M | 1.60% | +10.0% | Added |
| Ameriflex Group, Inc. | 35,180 | $3.30M | 1.24% | +17,590+100.0% | Added |
| UniSuper Management Pty Ltd | 34,545 | $3.24M | 0.02% | +8,788+34.1% | Added |
| Davenport & Co LLC | 34,073 | $3.20M | 0.02% | −2,024−5.6% | Reduced |
| Agf Management Ltd | 33,676 | $3.16M | 0.01% | +6,046+21.9% | Added |
| Independent Advisor Alliance | 33,643 | $3.16M | 0.08% | +349+1.0% | Added |
| Oregon Public Employees Retirement Fund | 33,552 | $3.15M | 0.04% | +9,463+39.3% | Added |
| Mercer Global Advisors Inc | 33,187 | $3.11M | 0.01% | +21,492+183.8% | Added |
| Thrivent Financial for Lutherans | 32,925 | $3.09M | 0.01% | −12,294−27.2% | Reduced |
| Summit Financial, LLC | 32,654 | $3.06M | 0.05% | −1,176−3.5% | Reduced |
| OP Asset Management Ltd | 31,649 | $2.97M | 0.04% | +1,904+6.4% | Added |
| State of Alaska, Department of Revenue | 31,248 | $2.93M | 0.03% | −235−0.7% | Reduced |
| AXA Investment Managers S.A. | 31,219 | $2.93M | 0.01% | +31,219 | New |
| U.S. Capital Wealth Advisors, LLC | 31,104 | $2.92M | 0.08% | +355+1.2% | Added |
| Bank Julius Baer & Co. Ltd, Zurich | 31,019 | $2.91M | 0.01% | −8,867−22.2% | Reduced |
| Ambassador Advisors, LLC | 30,980 | $2.91M | 0.43% | +230+0.7% | Added |