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, Q4 2025
Institutional positions in Brown & Brown, Inc. as of Dec 31, 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
- 890
- +8 vs. Q3 2025
- Shares held
- 272.6M
- +10.9M (+4.2%) vs. Q3 2025
- Total value
- $21.7B
- −$2.80B (−11.4%) vs. Q3 2025
- New holders
- 131
- 297 more added
- Sold out
- 123
- 354 more reduced
15 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| ORG Partners LLC | 1,221 | $97.3K | 0.02% | −826−40.4% | Reduced |
| Harbour Investments, Inc. | 1,221 | $97.3K | 0.00% | +1,005+465.3% | Added |
| Los Angeles Capital Management LLC | 1,227 | $98.7K | 0.00% | −16,525−93.1% | Reduced |
| CoreCap Advisors, LLC | 1,288 | $102.7K | 0.00% | −1,124−46.6% | Reduced |
| Clearstead Advisors, LLC | 1,309 | $104.3K | 0.00% | +541+70.4% | Added |
| Trust Co of Vermont | 1,401 | $111.7K | 0.00% | 00.0% | Unchanged |
| Massmutual Trust Co FSB | 1,418 | $113.0K | 0.00% | +535+60.6% | Added |
| ORG Wealth Partners, LLC | 1,459 | $116.3K | 0.03% | −4,414−75.2% | Reduced |
| Allworth Financial LP | 1,478 | $117.8K | 0.00% | −964−39.5% | Reduced |
| Simplex Trading, LLC | 1,501 | $119.6K | 0.00% | +1,198+395.4% | Added |
| Penserra Capital Management LLC | 1,585 | $126.0K | 0.00% | +241+17.9% | Added |
| Livforsakringsbolaget Skandia, Omsesidigt | 1,801 | $143.5K | 0.01% | 00.0% | Unchanged |
| Smithfield Trust Co | 1,899 | $149.0K | 0.01% | +34+1.8% | Added |
| Global Retirement Partners, LLC | 2,020 | $161.0K | 0.00% | −84−4.0% | Reduced |
| TD Private Client Wealth LLC | 2,168 | $172.8K | 0.00% | −50−2.3% | Reduced |
| MAI Capital Management | 2,222 | $177.1K | 0.00% | −311−12.3% | Reduced |
| NBC Securities, Inc. | 2,324 | $185.2K | 0.01% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 2,357 | $187.9K | 0.01% | −46,150−95.1% | Reduced |
| Merited Wealth, LLC | 2,377 | $189.4K | 0.18% | +2,377 | New |
| Quadrant Capital Group LLC | 2,382 | $189.8K | 0.01% | −3,600−60.2% | Reduced |
| Stephenson National Bank & Trust | 2,421 | $193.0K | 0.06% | +663+37.7% | Added |
| Zions Bancorporation, National Association | 2,480 | $197.7K | 0.01% | +2,364+2,037.9% | Added |
| Capstone Capital Management Ltd | 2,513 | $200.3K | 0.19% | +2,513 | New |
| Boothbay Fund Management, LLC | 2,524 | $201.2K | 0.01% | −4,862−65.8% | Reduced |
| Simon Quick Advisors, LLC | 2,574 | $205.2K | 0.01% | −6,737−72.4% | Reduced |
| Clarius Group, LLC | 2,581 | $205.7K | 0.01% | −17−0.7% | Reduced |
| Armistice Capital, LLC | 2,590 | $206.4K | 0.01% | +2,590 | New |
| Curated Wealth Partners LLC | 2,597 | $207.0K | 0.02% | +2,597 | New |
| Douglass Winthrop Advisors, LLC | 2,600 | $207.2K | 0.00% | 00.0% | Unchanged |
| Fulton Bank, N.A. | 2,645 | $210.8K | 0.01% | +180+7.3% | Added |
| Farther Finance Advisors, LLC | 2,669 | $212.7K | 0.00% | −357−11.8% | Reduced |
| MSH Capital Advisors LLC | 2,670 | $212.8K | 0.05% | +289+12.1% | Added |
| Trust Asset Management LLC | 2,672 | $213.0K | 0.01% | −57−2.1% | Reduced |
| River Wealth Advisors LLC | 2,694 | $214.7K | 0.02% | −1,125−29.5% | Reduced |
| Parallel Advisors, LLC | 2,700 | $215.2K | 0.00% | +624+30.1% | Added |
| Mechanics Bank Trust Department | 2,715 | $216.4K | 0.03% | 00.0% | Unchanged |
| Procyon Private Wealth Partners, LLC | 2,755 | $219.6K | 0.01% | −54−1.9% | Reduced |
| Impact Capital Partners LLC | 2,776 | $221.2K | 0.07% | +2,776 | New |
| Ewa, LLC | 2,791 | $222.4K | 0.05% | +119+4.5% | Added |
| Cigna Investments Inc | 2,799 | $223.0K | 0.03% | 00.0% | Unchanged |
| Merit Financial Group, LLC | 2,809 | $223.9K | 0.00% | −5,187−64.9% | Reduced |
| Patton Fund Management, Inc. | 2,824 | $225.1K | 0.03% | +366+14.9% | Added |
| Regions Financial Corp | 2,828 | $225.4K | 0.00% | −431−13.2% | Reduced |
| Mather Group, LLC. | 2,852 | $227.3K | 0.00% | +351+14.0% | Added |
| Brighton Securities Corp. | 2,867 | $228.5K | 0.11% | −79−2.7% | Reduced |
| Oppenheimer & Co Inc | 2,868 | $228.6K | 0.00% | +2,868 | New |
| Mattern Wealth Management LLC | 2,878 | $229.4K | 0.04% | 00.0% | Unchanged |
| Stonebridge Capital Advisors LLC | 2,900 | $231.1K | 0.02% | −200−6.5% | Reduced |
| Operose Advisors LLC | 2,900 | $231.1K | 0.05% | 00.0% | Unchanged |
| Independent Financial Group, LLC | 2,910 | $231.9K | 0.01% | −2−0.1% | Reduced |
| Frank, Rimerman Advisors LLC | 2,924 | $233.0K | 0.01% | −12−0.4% | Reduced |
| Brendel Financial Advisors LLC | 2,943 | $234.6K | 0.12% | −172−5.5% | Reduced |
| Signaturefd, LLC | 2,950 | $235.1K | 0.00% | +982+49.9% | Added |
| Red Door Wealth Management, LLC | 2,997 | $238.9K | 0.02% | +2,997 | New |
| Checchi Capital Advisers, LLC | 3,005 | $239.5K | 0.02% | −242−7.5% | Reduced |
| Profund Advisors LLC | 3,054 | $243.4K | 0.01% | −1,130−27.0% | Reduced |
| Evergreen Capital Management LLC | 3,065 | $244.3K | 0.01% | +3,065 | New |
| Ascent Group, LLC | 3,075 | $245.1K | 0.01% | −459−13.0% | Reduced |
| Credit Capital Investments LLC | 3,100 | $247.1K | 0.23% | 00.0% | Unchanged |
| Sowell Financial Services LLC | 3,107 | $247.6K | 0.01% | −2,719−46.7% | Reduced |
| Apollon Wealth Management, LLC | 3,112 | $248.0K | 0.00% | +583+23.1% | Added |
| Baker Tilly Wealth Management, LLC | 3,134 | $249.8K | 0.06% | −196−5.9% | Reduced |
| Legacy Wealth Asset Management, LLC | 3,134 | $249.8K | 0.06% | −61−1.9% | Reduced |
| OpenArc Corporate Advisory, LLC | 3,164 | $252.2K | 0.00% | +3,164 | New |
| Anchor Investment Management, LLC | 3,216 | $256.3K | 0.02% | −35−1.1% | Reduced |
| Sagespring Wealth Partners, LLC | 3,219 | $256.5K | 0.00% | −96−2.9% | Reduced |
| Beese Fulmer Investment Management, Inc. | 3,238 | $258.1K | 0.02% | +3,238 | New |
| CSS LLC | 3,240 | $258.2K | 0.01% | +3,240 | New |
| Phillips Wealth Planners LLC | 3,342 | $260.9K | 0.21% | −977−22.6% | Reduced |
| Boston Family Office LLC | 3,285 | $262.0K | 0.02% | 00.0% | Unchanged |
| Unique Wealth, LLC | 3,334 | $265.7K | 0.04% | −286−7.9% | Reduced |
| Crestwood Advisors Group LLC | 3,344 | $266.5K | 0.00% | +3,344 | New |
| Great Valley Advisor Group, Inc. | 3,350 | $266.8K | 0.01% | −213−6.0% | Reduced |
| Arkadios Wealth Advisors | 3,352 | $267.1K | 0.01% | −3,375−50.2% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 3,383 | $269.6K | 0.00% | +382+12.7% | Added |
| Citizens Financial Group Inc | 3,388 | $270.0K | 0.00% | +507+17.6% | Added |
| Gen-Wealth Partners Inc | 3,410 | $271.8K | 0.09% | −1,687−33.1% | Reduced |
| Forum Financial Management, LP | 3,470 | $276.6K | 0.00% | −1,257−26.6% | Reduced |
| NewEdge Wealth, LLC | 3,472 | $276.7K | 0.00% | +3,472 | New |
| Brinker Capital Investments, LLC | 3,529 | $281.3K | 0.00% | +545+18.3% | Added |
| Fisher Asset Management, LLC | 3,546 | $282.7K | 0.00% | +3,546 | New |
| W.H. Cornerstone Investments Inc. | 3,570 | $284.6K | 0.17% | +9+0.3% | Added |
| HighPoint Advisor Group LLC | 3,578 | $285.2K | 0.01% | +31+0.9% | Added |
| ClearAlpha Technologies LP | 3,608 | $287.6K | 0.82% | +3,608 | New |
| Private Advisor Group, LLC | 3,612 | $287.9K | 0.00% | −978−21.3% | Reduced |
| Ballentine Partners, LLC | 3,644 | $290.4K | 0.00% | −9−0.2% | Reduced |
| Meeder Advisory Services, Inc. | 3,650 | $290.9K | 0.01% | −387−9.6% | Reduced |
| Kingsview Wealth Management, LLC | 3,658 | $291.6K | 0.00% | +4+0.1% | Added |
| Strategy Asset Managers LLC | 3,664 | $292.0K | 0.05% | +113+3.2% | Added |
| D.A. Davidson & Co. | 3,674 | $292.8K | 0.00% | −19,396−84.1% | Reduced |
| Caitong International Asset Management Co., Ltd | 3,690 | $294.1K | 0.07% | +2,875+352.8% | Added |
| Cary Street Partner Investment Advisory LLC | 3,702 | $295.1K | 0.08% | +26+0.7% | Added |
| Evolve Private Wealth, LLC | 3,726 | $297.0K | 0.02% | +3,726 | New |
| Moment Partners, LLC | 3,752 | $299.1K | 0.06% | −880−19.0% | Reduced |
| Prescott Group Capital Management, L.L.C. | 3,768 | $300.3K | 0.03% | 00.0% | Unchanged |
| George Kaiser Family Foundation | 3,768 | $300.3K | 0.04% | 00.0% | Unchanged |
| Somerset Trust Co | 3,822 | $304.6K | 0.09% | 00.0% | Unchanged |
| Xxi Wealth, LLC | 3,877 | $309.0K | 0.19% | +3,877 | New |
| Henshaw Capital LLC | 3,899 | $310.8K | 0.01% | −2,897−42.6% | Reduced |
| RMB Capital Management, LLC | 3,924 | $312.7K | 0.01% | +1,335+51.6% | Added |