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Livermore
Livermore
ZHEN

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.

Institutional holdersQ3 2025: 897 institutions
Q1 2021: 458 institutionsQ2 2021: 470 institutionsQ3 2021: 518 institutionsQ4 2021: 553 institutionsQ1 2022: 581 institutionsQ2 2022: 576 institutionsQ3 2022: 568 institutionsQ4 2022: 573 institutionsQ1 2023: 570 institutionsQ2 2023: 607 institutionsQ3 2023: 631 institutionsQ4 2023: 686 institutionsQ1 2024: 718 institutionsQ2 2024: 760 institutionsQ3 2024: 823 institutionsQ4 2024: 875 institutionsQ1 2025: 911 institutionsQ2 2025: 931 institutionsQ3 2025: 897 institutionsQ4 2025: 890 institutionsQ1 2026: 816 institutionsQ2 2026: 809 institutions
Value heldQ3 2025: $24.6B
Q1 2021: $9.10BQ2 2021: $10.7BQ3 2021: $11.3BQ4 2021: $14.4BQ1 2022: $14.8BQ2 2022: $11.8BQ3 2022: $12.1BQ4 2022: $11.4BQ1 2023: $11.6BQ2 2023: $13.9BQ3 2023: $14.1BQ4 2023: $14.6BQ1 2024: $18.0BQ2 2024: $18.7BQ3 2024: $21.7BQ4 2024: $21.9BQ1 2025: $27.3BQ2 2025: $29.5BQ3 2025: $24.6BQ4 2025: $21.7BQ1 2026: $18.2BQ2 2026: $18.1B
Institutions holding BRO and their total value by quarter
QuarterHoldersValue
Q2 2026809$18.1B
Q1 2026816$18.2B
Q4 2025890$21.7B
Q3 2025897$24.6B
Q2 2025931$29.5B
Q1 2025911$27.3B
Q4 2024875$21.9B
Q3 2024823$21.7B
Q2 2024760$18.7B
Q1 2024718$18.0B
Q4 2023686$14.6B
Q3 2023631$14.1B
Q2 2023607$13.9B
Q1 2023570$11.6B
Q4 2022573$11.4B
Q3 2022568$12.1B
Q2 2022576$11.8B
Q1 2022581$14.8B
Q4 2021553$14.4B
Q3 2021518$11.3B
Q2 2021470$10.7B
Q1 2021458$9.10B

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q2 2025.

Institutions holding BRO in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
AssuredPartners Investment Advisors, LLC3,761$352.8K0.08%+3,761New
Cary Street Partner Investment Advisory LLC3,676$344.8K0.14%+1,725+88.4%Added
Pallas Capital Advisors LLC3,674$344.6K0.01%+3,674New
Kingsview Wealth Management, LLC3,654$342.7K0.01%−1,613−30.6%Reduced
Ballentine Partners, LLC3,653$342.6K0.00%−19−0.5%Reduced
Unique Wealth, LLC3,620$339.5K0.05%+55+1.5%Added
Jackson Thornton Asset Management, LLC3,508$336.6K0.03%+3,508New
Equitable Holdings, Inc.3,573$335.1K0.00%+1,008+39.3%Added
W.H. Cornerstone Investments Inc.3,561$334.0K0.20%00.0%Unchanged
Great Valley Advisor Group, Inc.3,563$333.8K0.01%−577−13.9%Reduced
Cynosure Management, LLC3,556$333.5K0.04%00.0%Unchanged
Strategy Asset Managers LLC3,551$333.0K0.06%−7,297−67.3%Reduced
HighPoint Advisor Group LLC3,547$332.7K0.02%−244−6.4%Reduced
Ascent Group, LLC3,534$331.5K0.01%−1,696−32.4%Reduced
Thurston, Springer, Miller, Herd & Titak, Inc.3,488$327.1K0.65%−37,190−91.4%Reduced
RMR Capital Management, LLC3,440$322.6K0.23%+3,440New
Kingswood Wealth Advisors, LLC3,341$313.4K0.02%+253+8.2%Added
Baker Tilly Wealth Management, LLC3,330$312.3K0.07%+132+4.1%Added
Dynamic Technology Lab Private Ltd3,321$311.0K0.05%+3,321New
Sagespring Wealth Partners, LLC3,315$310.9K0.01%−128−3.7%Reduced
CWM Advisors, LLC3,305$310.0K0.03%+744+29.1%Added
Boston Family Office LLC3,285$308.0K0.02%+855+35.2%Added
Regions Financial Corp3,259$305.7K0.00%+629+23.9%Added
Voleon Capital Management LP3,258$305.6K0.01%+999+44.2%Added
Anchor Investment Management, LLC3,251$304.9K0.03%00.0%Unchanged
Checchi Capital Advisers, LLC3,247$304.5K0.02%−261−7.4%Reduced
Capital Advisors Inc3,219$301.9K0.01%+3,219New
Pensionmark Financial Group, LLC3,209$301.0K0.01%+1,255+64.2%Added
Legacy Wealth Asset Management, LLC3,195$299.7K0.07%+76+2.4%Added
Requisite Capital Management, LLC3,165$296.8K0.05%+3,165New
Brendel Financial Advisors LLC3,115$292.2K0.15%−163−5.0%Reduced
Palacios Wealth Management, LLC3,105$291.2K0.19%+3,105New
Stonebridge Capital Advisors LLC3,100$290.7K0.02%−207−6.3%Reduced
Credit Capital Investments LLC3,100$290.7K0.32%+3,100New
Aigen Investment Management, LP3,055$286.5K0.04%−16,537−84.4%Reduced
Tower Research Capital LLC (TRC)3,027$283.9K0.01%−1,115−26.9%Reduced
Farther Finance Advisors, LLC3,026$283.8K0.00%+84+2.9%Added
Connor, Clark & Lunn Investment Management Ltd.3,001$281.5K0.00%+3,001New
SG Americas Securities, LLC2,990$280.0K0.00%−11,308−79.1%Reduced
Brinker Capital Investments, LLC2,984$279.9K0.00%−9,534−76.2%Reduced
Savvy Advisors, Inc.2,983$279.7K0.01%+2,983New
Kathmere Capital Management, LLC2,977$279.2K0.02%−397−11.8%Reduced
CWA Asset Management Group, LLC2,956$277.2K0.01%−544−15.5%Reduced
Brighton Securities Corp.2,946$276.3K0.14%−729−19.8%Reduced
Frank, Rimerman Advisors LLC2,936$275.4K0.02%−113−3.7%Reduced
Vise Technologies, Inc.2,935$275.3K0.01%−2,266−43.6%Reduced
Independent Financial Group, LLC2,912$273.1K0.01%−1,890−39.4%Reduced
Operose Advisors LLC2,900$272.0K0.07%00.0%Unchanged
NorthCrest Asset Manangement, LLC2,842$271.6K0.01%+2,842New
Citizens Financial Group Inc2,881$270.2K0.00%+2,881New
Mattern Wealth Management LLC2,878$269.9K0.05%00.0%Unchanged
Procyon Private Wealth Partners, LLC2,809$263.5K0.02%−728−20.6%Reduced
Buckingham Strategic Partners3,150$262.3K0.00%+3,150New
Cigna Investments Inc2,799$262.0K0.04%+63+2.3%Added
Intrust Bank NA2,755$258.4K0.02%−858−23.7%Reduced
Somerville Kurt F2,750$257.9K0.04%00.0%Unchanged
Mizuho Markets Americas LLC2,745$257.5K0.01%+553+25.2%Added
Waddell & Associates, LLC2,737$256.7K0.02%+2,737New
Trust Asset Management LLC2,729$256.0K0.02%00.0%Unchanged
Mechanics Bank Trust Department2,715$254.6K0.04%+700+34.7%Added
Ewa, LLC2,672$250.6K0.07%−55−2.0%Reduced
Custom Index Systems, LLC2,664$249.9K0.07%−220−7.6%Reduced
Quantitative Investment Management, LLC2,661$249.0K0.03%+2,661New
waypoint wealth counsel2,625$246.2K0.10%+2,625New
Douglass Winthrop Advisors, LLC2,600$243.9K0.00%+500+23.8%Added
Alliance Wealth Advisors, LLC2,599$243.8K0.06%−376−12.6%Reduced
Clarius Group, LLC2,598$243.7K0.01%+18+0.7%Added
First Affirmative Financial Network2,597$243.6K0.11%+304+13.3%Added
RMB Capital Management, LLC2,589$242.8K0.00%−1,852−41.7%Reduced
Perigon Wealth Management, LLC2,572$241.2K0.00%+2,572New
Wallace Advisory Group, LLC2,168$240.4K0.19%−1,246−36.5%Reduced
MAI Capital Management2,533$237.5K0.00%+565+28.7%Added
Apollon Wealth Management, LLC2,529$237.2K0.00%−83−3.2%Reduced
Moneta Group Investment Advisors LLC2,525$236.8K0.00%+2+0.1%Added
EverSource Wealth Advisors, LLC2,505$235.0K0.01%+1,460+139.7%Added
Mather Group, LLC.2,501$234.6K0.00%+5+0.2%Added
Fulton Bank, N.A.2,465$231.2K0.01%+200+8.8%Added
Callahan Advisors, LLC2,458$230.6K0.02%00.0%Unchanged
Patton Fund Management, Inc.2,458$230.5K0.04%−15,894−86.6%Reduced
Allworth Financial LP2,442$229.1K0.00%−3,057−55.6%Reduced
Argent Trust Co2,435$228.4K0.01%−359−12.8%Reduced
Fullcircle Wealth LLC2,875$227.1K0.08%+581+25.3%Added
CoreCap Advisors, LLC2,412$226.2K0.01%−4,734−66.2%Reduced
Level Four Advisory Services, LLC2,385$223.7K0.01%+10+0.4%Added
Covenant Partners, LLC2,383$223.5K0.06%00.0%Unchanged
MSH Capital Advisors LLC2,381$223.3K0.06%+3+0.1%Added
Tiemann Investment Advisors, LLC2,380$223.2K0.09%00.0%Unchanged
Moss Adams Wealth Advisors LLC2,351$220.5K0.02%+2,351New
Angeles Wealth Management, LLC2,344$219.8K0.01%−157−6.3%Reduced
Evelyn Partners Investment Management Services Ltd2,326$218.2K0.03%+40+1.7%Added
NBC Securities, Inc.2,324$218.0K0.02%+10+0.4%Added
Wedmont Private Capital2,264$216.3K0.01%−449−16.5%Reduced
Ritholtz Wealth Management2,304$216.1K0.00%−434−15.9%Reduced
Moloney Securities Asset Management, LLC2,296$215.3K0.03%00.0%Unchanged
Trinity Financial Advisors LLC2,279$213.7K0.06%+10.0%Added
Tradition Wealth Management, LLC2,225$208.7K0.02%+13+0.6%Added
Edmond de Rothschild Holding S.A.2,218$208.0K0.00%+369+20.0%Added
TD Private Client Wealth LLC2,218$208.0K0.00%+1,782+408.7%Added
Commerzbank Aktiengesellschaft2,217$208.0K0.00%+265+13.6%Added
Keel Point, LLC2,212$207.5K0.01%+2,212New