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 |
|---|---|---|---|---|---|
| Manchester Capital Management LLC | 7,843 | $625.1K | 0.09% | +46+0.6% | Added |
| MUFG Securities Americas Inc. | 7,910 | $630.4K | 0.04% | +9+0.1% | Added |
| Vident Advisory, LLC | 7,954 | $633.9K | 0.01% | −1,463−15.5% | Reduced |
| Keyes, Stange & Wooten Wealth Management, LLC | 7,961 | $634.5K | 0.30% | −312−3.8% | Reduced |
| Securian Asset Management, Inc | 7,984 | $636.3K | 0.02% | −6,144−43.5% | Reduced |
| Advisory Alpha, LLC | 8,056 | $642.1K | 0.02% | +1,511+23.1% | Added |
| Nomura Holdings Inc | 8,070 | $643.2K | 0.00% | +518+6.9% | Added |
| Ticino Wealth | 8,086 | $644.5K | 0.24% | +8,086 | New |
| Atomi Financial Group, Inc. | 8,101 | $645.7K | 0.02% | −2,429−23.1% | Reduced |
| Atlas Legacy Advisors, LLC | 8,150 | $649.4K | 0.11% | +1,169+16.7% | Added |
| CWC Advisors, LLC. | 8,195 | $653.1K | 0.32% | +11+0.1% | Added |
| CenterBook Partners LP | 8,315 | $662.7K | 0.03% | −3,378−28.9% | Reduced |
| Banco Bilbao Vizcaya Argentaria, S.A. | 8,346 | $665.2K | 0.00% | +441+5.6% | Added |
| Landscape Capital Management, L.L.C. | 8,378 | $667.7K | 0.04% | +1,979+30.9% | Added |
| AssuredPartners Investment Advisors, LLC | 8,381 | $668.0K | 0.10% | +4,620+122.8% | Added |
| Marble Wealth, LLC | 8,396 | $669.1K | 0.09% | +8,396 | New |
| Marshall Wace, LLP | 8,429 | $671.8K | 0.00% | +8,429 | New |
| Raiffeisen Bank International AG | 8,386 | $672.7K | 0.01% | −1,199−12.5% | Reduced |
| Pinebridge Investments LLC | 8,499 | $677.4K | 0.00% | +8,499 | New |
| Financial Enhancement Group LLC | 8,708 | $679.8K | 0.09% | +280+3.3% | Added |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 8,799 | $701.2K | 0.24% | +5,311+152.3% | Added |
| EP Wealth Advisors, LLC | 8,799 | $701.3K | 0.00% | +8,799 | New |
| Glenview Trust Co | 8,866 | $706.6K | 0.01% | −241−2.6% | Reduced |
| Pictet & Cie (Europe) SA | 8,890 | $708.5K | 0.01% | 00.0% | Unchanged |
| Commerce Bank | 8,938 | $712.4K | 0.00% | +1,242+16.1% | Added |
| Proficio Capital Partners LLC | 9,017 | $718.7K | 0.05% | +20+0.2% | Added |
| Tributary Capital Management, LLC | 9,168 | $730.7K | 0.07% | −203−2.2% | Reduced |
| Sunbelt Securities, Inc. | 9,232 | $735.8K | 0.05% | +3,284+55.2% | Added |
| Baker Avenue Asset Management, LP | 9,248 | $737.1K | 0.02% | −1,883−16.9% | Reduced |
| Northwestern Mutual Investment Management Company, LLC | 9,382 | $747.7K | 0.01% | +44+0.5% | Added |
| Aptus Capital Advisors, LLC | 9,417 | $750.5K | 0.01% | −74−0.8% | Reduced |
| North Dakota State Investment Board | 9,555 | $761.5K | 0.03% | +9,555 | New |
| Occidental Asset Management, LLC | 9,591 | $764.4K | 0.09% | −1,547−13.9% | Reduced |
| Teacher Retirement System of Texas | 9,604 | $765.4K | 0.00% | −30,708−76.2% | Reduced |
| Radnor Capital Management, LLC | 9,620 | $766.7K | 0.11% | +3,565+58.9% | Added |
| Colony Group, LLC | 9,595 | $766.8K | 0.00% | −4,390−31.4% | Reduced |
| CX Institutional | 9,676 | $771.0K | 0.02% | −10,733−52.6% | Reduced |
| Kestra Advisory Services, LLC | 9,716 | $774.4K | 0.00% | +649+7.2% | Added |
| Laird Norton Trust Company, LLC | 9,724 | $775.0K | 0.02% | +9,724 | New |
| Harmony Asset Management LLC | 10,000 | $797.0K | 0.27% | 00.0% | Unchanged |
| Horizon Investments, LLC | 10,018 | $798.4K | 0.01% | +1,205+13.7% | Added |
| Parkwoods Wealth Partners, LLC | 10,055 | $801.4K | 0.24% | −6−0.1% | Reduced |
| Jane Street Group, LLC | 10,083 | $803.6K | 0.00% | +824+8.9% | Added |
| CWM, LLC | 10,225 | $815.0K | 0.00% | −52,320−83.7% | Reduced |
| Resonant Capital Advisors, LLC | 10,317 | $822.3K | 0.05% | +70+0.7% | Added |
| Federation des caisses Desjardins du Quebec | 10,533 | $839.5K | 0.00% | +2,501+31.1% | Added |
| Cynosure Management, LLC | 10,574 | $842.7K | 0.09% | +7,018+197.4% | Added |
| Greenfield Seitz Capital Management, LLC | 10,600 | $844.8K | 0.28% | 00.0% | Unchanged |
| NLB Skladi, upravljanje premozenja, d.o.o. | 10,600 | $844.8K | 0.04% | +10,600 | New |
| Principal Securities, Inc. | 10,630 | $847.2K | 0.01% | −502−4.5% | Reduced |
| Equitable Trust Co | 10,719 | $854.3K | 0.04% | +1,267+13.4% | Added |
| Parr McKnight Wealth Management Group, LLC | 10,821 | $862.4K | 0.11% | −3,273−23.2% | Reduced |
| Chaney Capital Management, Inc. | 10,864 | $865.9K | 0.30% | 00.0% | Unchanged |
| Diversified Trust Co | 10,925 | $870.7K | 0.02% | +10,925 | New |
| Markel Group Inc.SuperinvestorMarkel Group | 11,000 | $876.7K | 0.01% | +11,000 | New |
| Envestnet Portfolio Solutions, Inc. | 11,129 | $887.0K | 0.00% | −1,845−14.2% | Reduced |
| Gilbert & Cook, Inc. | 11,202 | $892.8K | 0.11% | +413+3.8% | Added |
| Live Oak Private Wealth LLC | 11,223 | $894.5K | 0.12% | +11,223 | New |
| Dynamic Technology Lab Private Ltd | 11,253 | $897.0K | 0.20% | +7,932+238.8% | Added |
| First Trust Advisors LP | 11,461 | $913.4K | 0.00% | −69,848−85.9% | Reduced |
| Fifth Third Bancorp | 11,483 | $915.2K | 0.00% | +2,505+27.9% | Added |
| E. Ohman J:or Asset Management AB | 11,570 | $922.1K | 0.02% | 00.0% | Unchanged |
| B. Metzler seel. Sohn & Co. AG | 11,638 | $927.5K | 0.01% | +760+7.0% | Added |
| Compass Ion Advisors, LLC | 11,674 | $930.4K | 0.09% | +40.0% | Added |
| Monte Financial Group, LLC | 11,708 | $933.1K | 0.35% | +907+8.4% | Added |
| Tokio Marine Asset Management Co Ltd | 11,721 | $934.2K | 0.03% | +826+7.6% | Added |
| Access Investment Management LLC | 10,000 | $937.9K | 0.25% | 00.0% | Unchanged |
| Suncoast Equity Management | 11,856 | $944.9K | 0.10% | −713−5.7% | Reduced |
| Prospector Partners LLC | 11,876 | $946.5K | 2.03% | −269,746−95.8% | Reduced |
| Crossmark Global Holdings, Inc. | 11,907 | $949.0K | 0.01% | −7,107−37.4% | Reduced |
| Hilltop Holdings Inc. | 11,991 | $955.6K | 0.06% | −8,136−40.4% | Reduced |
| Cross Staff Investments Inc | 12,000 | $956.4K | 0.59% | 00.0% | Unchanged |
| Federated Hermes, Inc. | 12,096 | $964.1K | 0.00% | −1,815−13.0% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 12,171 | $970.0K | 0.01% | +136+1.1% | Added |
| Mercer Global Advisors Inc | 12,520 | $997.8K | 0.00% | −20,667−62.3% | Reduced |
| Mangrove Partners | 12,556 | $1.00M | 0.08% | +12,556 | New |
| Spears Abacus Advisors LLC | 12,583 | $1.00M | 0.02% | +2,035+19.3% | Added |
| Cathy Pareto & Associates, Inc | 12,777 | $1.02M | 0.71% | 00.0% | Unchanged |
| Wedbush Securities Inc | 12,802 | $1.02M | 0.03% | +660+5.4% | Added |
| Assenagon Asset Management S.A. | 12,928 | $1.03M | 0.00% | −73,285−85.0% | Reduced |
| Banque Cantonale Vaudoise | 13,342 | $1.06M | 0.04% | +3,416+34.4% | Added |
| SummitTX Capital, L.P. | 13,390 | $1.07M | 0.03% | +13,390 | New |
| C WorldWide Group Holding A/S | 13,399 | $1.07M | 0.02% | −10,241−43.3% | Reduced |
| Thrivent Financial for Lutherans | 13,413 | $1.07M | 0.00% | −19,512−59.3% | Reduced |
| AE Wealth Management LLC | 13,458 | $1.07M | 0.01% | −877−6.1% | Reduced |
| SlateStone Wealth, LLC | 13,475 | $1.07M | 0.09% | 00.0% | Unchanged |
| Capital Investment Advisors, LLC | 13,478 | $1.07M | 0.02% | −1,671−11.0% | Reduced |
| ING Groep NV | 13,552 | $1.08M | 0.01% | −169−1.2% | Reduced |
| New Mexico Educational Retirement Board | 13,600 | $1.08M | 0.03% | +900+7.1% | Added |
| Wealthcare Advisory Partners LLC | 13,605 | $1.08M | 0.02% | −11,859−46.6% | Reduced |
| Logan Capital Management Inc | 13,621 | $1.09M | 0.05% | −3,648−21.1% | Reduced |
| AG2R la Mondiale Gestion D'Actifs | 13,632 | $1.09M | 0.05% | +2,646+24.1% | Added |
| Sequoia Financial Advisors, LLC | 13,794 | $1.10M | 0.01% | +2,858+26.1% | Added |
| Maryland State Retirement & Pension System | 13,909 | $1.11M | 0.02% | 00.0% | Unchanged |
| HB Wealth Management, LLC | 13,926 | $1.11M | 0.01% | −3,852−21.7% | Reduced |
| Ostrum Asset Management | 14,107 | $1.12M | 0.05% | −4,674−24.9% | Reduced |
| Brown Advisory Inc | 14,322 | $1.14M | 0.00% | +10,205+247.9% | Added |
| Wealthfront Advisers LLC | 14,481 | $1.15M | 0.00% | +2,876+24.8% | Added |
| Oak Thistle LLC | 14,506 | $1.16M | 0.16% | −12,127−45.5% | Reduced |
| Peninsula Asset Management Inc | 14,545 | $1.16M | 0.59% | −10,085−40.9% | Reduced |