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 |
|---|---|---|---|---|---|
| Empowered Funds, LLC | 30,757 | $2.88M | 0.03% | +1,238+4.2% | Added |
| WCM Investment Management, LLC | 30,798 | $2.86M | 0.01% | −13,778−30.9% | Reduced |
| HighTower Advisors, LLC | 30,364 | $2.85M | 0.00% | −8,709−22.3% | Reduced |
| Roundview Capital LLC | 30,282 | $2.84M | 0.18% | +4,093+15.6% | Added |
| Cambridge Investment Research Advisors, Inc. | 30,258 | $2.84M | 0.01% | +13,985+85.9% | Added |
| Penobscot Investment Management Company, Inc. | 29,823 | $2.80M | 0.22% | +480+1.6% | Added |
| Panagora Asset Management Inc | 29,626 | $2.78M | 0.01% | +14,496+95.8% | Added |
| Elser Financial Planning, Inc | 29,529 | $2.76M | 3.32% | −25−0.1% | Reduced |
| Coldstream Capital Management Inc | 29,232 | $2.74M | 0.04% | +1,165+4.2% | Added |
| MML Investors Services, LLC | 29,209 | $2.74M | 0.01% | +1,739+6.3% | Added |
| Tredje AP-fonden | 28,904 | $2.71M | 0.02% | +10,117+53.9% | Added |
| Cim, LLC | 28,785 | $2.70M | 0.35% | +1,560+5.7% | Added |
| Crawford Investment Counsel Inc | 28,580 | $2.68M | 0.04% | +2,904+11.3% | Added |
| Susquehanna International Group, LLP | 28,562 | $2.68M | 0.00% | −76,252−72.7% | Reduced |
| FORA Capital, LLC | 28,463 | $2.67M | 0.47% | +28,463 | New |
| Mackenzie Financial Corp | 28,276 | $2.65M | 0.00% | +5,260+22.9% | Added |
| Steward Partners Investment Advisory, LLC | 28,207 | $2.65M | 0.02% | −1,817−6.1% | Reduced |
| JustInvest LLC | 27,596 | $2.59M | 0.03% | −983−3.4% | Reduced |
| Atria Investments LLC | 27,596 | $2.59M | 0.03% | −10,083−26.8% | Reduced |
| Mitchell Capital Management Co | 27,591 | $2.59M | 0.44% | −5,315−16.2% | Reduced |
| New Age Alpha Advisors, LLC | 27,170 | $2.55M | 0.11% | −725−2.6% | Reduced |
| Advisory Services Network, LLC | 27,083 | $2.54M | 0.04% | −6,237−18.7% | Reduced |
| Oak Thistle LLC | 26,633 | $2.50M | 0.38% | +20,445+330.4% | Added |
| Ironwood Investment Counsel, LLC | 26,463 | $2.48M | 0.36% | −600−2.2% | Reduced |
| NEOS Investment Management LLC | 26,270 | $2.46M | 0.02% | +9,015+52.2% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 26,161 | $2.45M | 0.00% | +948+3.8% | Added |
| Invst, LLC | 26,043 | $2.44M | 0.28% | +16,228+165.3% | Added |
| Delta Global Management LP | 26,028 | $2.44M | 0.18% | +26,028 | New |
| Janus Henderson Group PLC | 25,545 | $2.40M | 0.00% | −53,109−67.5% | Reduced |
| Davidson Kahn Capital Management, LLC | 25,468 | $2.39M | 1.33% | +9,658+61.1% | Added |
| Wealthcare Advisory Partners LLC | 25,464 | $2.39M | 0.05% | −903−3.4% | Reduced |
| Savant Capital, LLC | 24,767 | $2.32M | 0.01% | −350−1.4% | Reduced |
| Dark Forest Capital Management LP | 24,689 | $2.32M | 0.09% | +17,572+246.9% | Added |
| Pathstone Holdings, LLC | 24,659 | $2.31M | 0.01% | +596+2.5% | Added |
| Peninsula Asset Management Inc | 24,630 | $2.31M | 1.19% | +110+0.4% | Added |
| Ethic Inc. | 24,595 | $2.31M | 0.04% | −5,464−18.2% | Reduced |
| Capital International Sarl | 24,270 | $2.28M | 0.04% | +16,240+202.2% | Added |
| Lombard Odier Asset Management (USA) Corp | 24,231 | $2.27M | 0.51% | −21,297−46.8% | Reduced |
| Twinbeech Capital LP | 24,186 | $2.27M | 0.09% | +24,186 | New |
| 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 |
| Blair William & Co | 23,975 | $2.25M | 0.01% | +1,283+5.7% | Added |
| Rockefeller Capital Management L.P. | 23,766 | $2.23M | 0.00% | +6,490+37.6% | Added |
| Toroso Investments, LLC | 23,673 | $2.22M | 0.01% | −192,974−89.1% | Reduced |
| C WorldWide Group Holding A/S | 23,640 | $2.22M | 0.03% | +2,122+9.9% | Added |
| Pacer Advisors, Inc. | 23,574 | $2.21M | 0.01% | −9,753−29.3% | Reduced |
| Achmea Investment Management B.V. | 23,410 | $2.20M | 0.03% | 00.0% | Unchanged |
| D.A. Davidson & Co. | 23,070 | $2.16M | 0.01% | −513−2.2% | Reduced |
| Bessemer Group Inc | 23,020 | $2.16M | 0.00% | +1,937+9.2% | Added |
| Hancock Whitney Corp | 22,855 | $2.14M | 0.04% | 00.0% | Unchanged |
| Schroder Investment Management Group | 22,962 | $2.14M | 0.00% | +5,508+31.6% | Added |
| Two Sigma Investments, LP | 22,749 | $2.13M | 0.00% | −922,901−97.6% | Reduced |
| QRG Capital Management, Inc. | 22,701 | $2.13M | 0.03% | −3,137−12.1% | Reduced |
| Northwestern Mutual Wealth Management Co | 22,602 | $2.12M | 0.00% | +1,061+4.9% | Added |
| Avanza Fonder AB | 22,190 | $2.08M | 0.05% | 00.0% | Unchanged |
| Glenmede Investment Management, LP | 22,043 | $2.07M | 0.01% | +5,467+33.0% | Added |
| Mizuho Securities USA LLC | 21,340 | $2.06M | 0.04% | +1,979+10.2% | Added |
| Jefferies Financial Group Inc. | 21,508 | $2.02M | 0.02% | −277,133−92.8% | Reduced |
| Numerai GP LLC | 21,456 | $2.01M | 0.28% | −8,975−29.5% | Reduced |
| GAM Holding AG | 21,292 | $2.00M | 0.12% | +9,517+80.8% | Added |
| We Are One Seven, LLC | 21,040 | $1.97M | 0.05% | −11,589−35.5% | Reduced |
| Cacti Asset Management LLC | 21,000 | $1.97M | 0.13% | 00.0% | Unchanged |
| IFP Advisors, Inc | 20,771 | $1.95M | 0.05% | −28−0.1% | Reduced |
| Prospera Financial Services Inc | 20,714 | $1.94M | 0.03% | +2,969+16.7% | Added |
| CX Institutional | 20,409 | $1.91M | 0.06% | +265+1.3% | Added |
| Fairbanks Capital Management, Inc. | 20,376 | $1.91M | 1.04% | +5,491+36.9% | Added |
| Summit Trail Advisors, LLC | 20,287 | $1.90M | 0.03% | +13,836+214.5% | Added |
| Swiss Life Asset Management Ltd | 20,144 | $1.89M | 0.01% | +2,383+13.4% | Added |
| Hilltop Holdings Inc. | 20,127 | $1.89M | 0.10% | −316−1.5% | Reduced |
| Fiduciary Trust Co | 19,813 | $1.86M | 0.02% | −190−0.9% | Reduced |
| Trueblood Wealth Management, LLC | 19,554 | $1.83M | 0.72% | +389+2.0% | Added |
| Kesler, Norman & Wride, LLC | 17,951 | $1.83M | 0.36% | +187+1.1% | Added |
| Farringdon Capital, Ltd. | 19,474 | $1.83M | 0.46% | +19,474 | New |
| Crossmark Global Holdings, Inc. | 19,014 | $1.78M | 0.03% | −2,213−10.4% | Reduced |
| Lido Advisors, LLC | 18,823 | $1.77M | 0.01% | +72+0.4% | Added |
| Ostrum Asset Management | 18,781 | $1.76M | 0.08% | +11,989+176.5% | Added |
| Marex Group plc | 18,677 | $1.75M | 0.02% | +18,677 | New |
| Freedom Day Solutions, LLC | 18,632 | $1.75M | 0.47% | +129+0.7% | Added |
| Teachers Retirement System of the State of Kentucky | 18,618 | $1.75M | 0.01% | 00.0% | Unchanged |
| Westwood Holdings Group Inc. | 18,141 | $1.70M | 0.01% | +18,141 | New |
| Ameritas Investment Partners, Inc. | 18,118 | $1.70M | 0.05% | +1,406+8.4% | Added |
| Virtus Investment Advisers, Inc. | 17,859 | $1.67M | 0.48% | +5,750+47.5% | Added |
| Zacks Investment Management | 17,854 | $1.67M | 0.01% | +125+0.7% | Added |
| HB Wealth Management, LLC | 17,778 | $1.67M | 0.01% | +3,769+26.9% | Added |
| Los Angeles Capital Management LLC | 17,752 | $1.66M | 0.01% | −45,010−71.7% | Reduced |
| Metis Global Partners, LLC | 17,577 | $1.65M | 0.04% | +520+3.0% | Added |
| Brighton Jones LLC | 17,564 | $1.65M | 0.04% | +8,592+95.8% | Added |
| Kentucky Retirement Systems | 17,516 | $1.64M | 0.05% | +2,215+14.5% | Added |
| Benchmark Investment Advisors LLC | 17,141 | $1.62M | 0.94% | +17,141 | New |
| Logan Capital Management Inc | 17,269 | $1.62M | 0.07% | +341+2.0% | Added |
| Hartford Investment Management Co | 17,256 | $1.62M | 0.05% | +349+2.1% | Added |
| Nicholson Wealth Management Group, LLC | 17,213 | $1.61M | 0.95% | +2,447+16.6% | Added |
| Ironvine Capital Partners, LLC | 17,196 | $1.61M | 0.16% | +17,196 | New |
| GenTrust, LLC | 16,994 | $1.59M | 0.07% | +16,994 | New |
| Oppenheimer Asset Management Inc. | 16,959 | $1.59M | 0.02% | −697−3.9% | Reduced |
| Mirabella Financial Services LLP | 16,844 | $1.58M | 0.14% | +7,160+73.9% | Added |
| Balyasny Asset Management LLC | 16,594 | $1.56M | 0.00% | −4,440,154−99.6% | Reduced |
| Evermay Wealth Management LLC | 16,495 | $1.55M | 0.18% | 00.0% | Unchanged |
| Ieq Capital, LLC | 16,375 | $1.54M | 0.00% | +16,375 | New |
| Keybank National Association | 15,932 | $1.49M | 0.01% | +677+4.4% | Added |