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 |
|---|---|---|---|---|---|
| Wealthcare Advisory Partners LLC | 13,605 | $1.08M | 0.02% | −11,859−46.6% | Reduced |
| New Mexico Educational Retirement Board | 13,600 | $1.08M | 0.03% | +900+7.1% | Added |
| ING Groep NV | 13,552 | $1.08M | 0.01% | −169−1.2% | Reduced |
| Capital Investment Advisors, LLC | 13,478 | $1.07M | 0.02% | −1,671−11.0% | Reduced |
| SlateStone Wealth, LLC | 13,475 | $1.07M | 0.09% | 00.0% | Unchanged |
| AE Wealth Management LLC | 13,458 | $1.07M | 0.01% | −877−6.1% | Reduced |
| Thrivent Financial for Lutherans | 13,413 | $1.07M | 0.00% | −19,512−59.3% | Reduced |
| C WorldWide Group Holding A/S | 13,399 | $1.07M | 0.02% | −10,241−43.3% | Reduced |
| SummitTX Capital, L.P. | 13,390 | $1.07M | 0.03% | +13,390 | New |
| Banque Cantonale Vaudoise | 13,342 | $1.06M | 0.04% | +3,416+34.4% | Added |
| Assenagon Asset Management S.A. | 12,928 | $1.03M | 0.00% | −73,285−85.0% | Reduced |
| Wedbush Securities Inc | 12,802 | $1.02M | 0.03% | +660+5.4% | Added |
| Cathy Pareto & Associates, Inc | 12,777 | $1.02M | 0.71% | 00.0% | Unchanged |
| Spears Abacus Advisors LLC | 12,583 | $1.00M | 0.02% | +2,035+19.3% | Added |
| Mangrove Partners | 12,556 | $1.00M | 0.08% | +12,556 | New |
| Mercer Global Advisors Inc | 12,520 | $997.8K | 0.00% | −20,667−62.3% | Reduced |
| BI Asset Management Fondsmaeglerselskab A/S | 12,171 | $970.0K | 0.01% | +136+1.1% | Added |
| Federated Hermes, Inc. | 12,096 | $964.1K | 0.00% | −1,815−13.0% | Reduced |
| Cross Staff Investments Inc | 12,000 | $956.4K | 0.59% | 00.0% | Unchanged |
| Hilltop Holdings Inc. | 11,991 | $955.6K | 0.06% | −8,136−40.4% | Reduced |
| Crossmark Global Holdings, Inc. | 11,907 | $949.0K | 0.01% | −7,107−37.4% | Reduced |
| Prospector Partners LLC | 11,876 | $946.5K | 2.03% | −269,746−95.8% | Reduced |
| Suncoast Equity Management | 11,856 | $944.9K | 0.10% | −713−5.7% | Reduced |
| Access Investment Management LLC | 10,000 | $937.9K | 0.25% | 00.0% | Unchanged |
| Tokio Marine Asset Management Co Ltd | 11,721 | $934.2K | 0.03% | +826+7.6% | Added |
| Monte Financial Group, LLC | 11,708 | $933.1K | 0.35% | +907+8.4% | Added |
| Compass Ion Advisors, LLC | 11,674 | $930.4K | 0.09% | +40.0% | Added |
| B. Metzler seel. Sohn & Co. AG | 11,638 | $927.5K | 0.01% | +760+7.0% | Added |
| E. Ohman J:or Asset Management AB | 11,570 | $922.1K | 0.02% | 00.0% | Unchanged |
| Fifth Third Bancorp | 11,483 | $915.2K | 0.00% | +2,505+27.9% | Added |
| First Trust Advisors LP | 11,461 | $913.4K | 0.00% | −69,848−85.9% | Reduced |
| Dynamic Technology Lab Private Ltd | 11,253 | $897.0K | 0.20% | +7,932+238.8% | Added |
| Live Oak Private Wealth LLC | 11,223 | $894.5K | 0.12% | +11,223 | New |
| Gilbert & Cook, Inc. | 11,202 | $892.8K | 0.11% | +413+3.8% | Added |
| Envestnet Portfolio Solutions, Inc. | 11,129 | $887.0K | 0.00% | −1,845−14.2% | Reduced |
| Markel Group Inc.SuperinvestorMarkel Group | 11,000 | $876.7K | 0.01% | +11,000 | New |
| Diversified Trust Co | 10,925 | $870.7K | 0.02% | +10,925 | New |
| Chaney Capital Management, Inc. | 10,864 | $865.9K | 0.30% | 00.0% | Unchanged |
| Parr McKnight Wealth Management Group, LLC | 10,821 | $862.4K | 0.11% | −3,273−23.2% | Reduced |
| Equitable Trust Co | 10,719 | $854.3K | 0.04% | +1,267+13.4% | Added |
| Principal Securities, Inc. | 10,630 | $847.2K | 0.01% | −502−4.5% | Reduced |
| 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 |
| Cynosure Management, LLC | 10,574 | $842.7K | 0.09% | +7,018+197.4% | Added |
| Federation des caisses Desjardins du Quebec | 10,533 | $839.5K | 0.00% | +2,501+31.1% | Added |
| Resonant Capital Advisors, LLC | 10,317 | $822.3K | 0.05% | +70+0.7% | Added |
| CWM, LLC | 10,225 | $815.0K | 0.00% | −52,320−83.7% | Reduced |
| Jane Street Group, LLC | 10,083 | $803.6K | 0.00% | +824+8.9% | Added |
| Parkwoods Wealth Partners, LLC | 10,055 | $801.4K | 0.24% | −6−0.1% | Reduced |
| Horizon Investments, LLC | 10,018 | $798.4K | 0.01% | +1,205+13.7% | Added |
| Harmony Asset Management LLC | 10,000 | $797.0K | 0.27% | 00.0% | Unchanged |
| Laird Norton Trust Company, LLC | 9,724 | $775.0K | 0.02% | +9,724 | New |
| Kestra Advisory Services, LLC | 9,716 | $774.4K | 0.00% | +649+7.2% | Added |
| CX Institutional | 9,676 | $771.0K | 0.02% | −10,733−52.6% | Reduced |
| Colony Group, LLC | 9,595 | $766.8K | 0.00% | −4,390−31.4% | Reduced |
| Radnor Capital Management, LLC | 9,620 | $766.7K | 0.11% | +3,565+58.9% | Added |
| Teacher Retirement System of Texas | 9,604 | $765.4K | 0.00% | −30,708−76.2% | Reduced |
| Occidental Asset Management, LLC | 9,591 | $764.4K | 0.09% | −1,547−13.9% | Reduced |
| North Dakota State Investment Board | 9,555 | $761.5K | 0.03% | +9,555 | New |
| Aptus Capital Advisors, LLC | 9,417 | $750.5K | 0.01% | −74−0.8% | Reduced |
| Northwestern Mutual Investment Management Company, LLC | 9,382 | $747.7K | 0.01% | +44+0.5% | Added |
| Baker Avenue Asset Management, LP | 9,248 | $737.1K | 0.02% | −1,883−16.9% | Reduced |
| Sunbelt Securities, Inc. | 9,232 | $735.8K | 0.05% | +3,284+55.2% | Added |
| Tributary Capital Management, LLC | 9,168 | $730.7K | 0.07% | −203−2.2% | Reduced |
| Proficio Capital Partners LLC | 9,017 | $718.7K | 0.05% | +20+0.2% | Added |
| Commerce Bank | 8,938 | $712.4K | 0.00% | +1,242+16.1% | Added |
| Pictet & Cie (Europe) SA | 8,890 | $708.5K | 0.01% | 00.0% | Unchanged |
| Glenview Trust Co | 8,866 | $706.6K | 0.01% | −241−2.6% | Reduced |
| EP Wealth Advisors, LLC | 8,799 | $701.3K | 0.00% | +8,799 | New |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 8,799 | $701.2K | 0.24% | +5,311+152.3% | Added |
| Financial Enhancement Group LLC | 8,708 | $679.8K | 0.09% | +280+3.3% | Added |
| Pinebridge Investments LLC | 8,499 | $677.4K | 0.00% | +8,499 | New |
| Raiffeisen Bank International AG | 8,386 | $672.7K | 0.01% | −1,199−12.5% | Reduced |
| Marshall Wace, LLP | 8,429 | $671.8K | 0.00% | +8,429 | New |
| Marble Wealth, LLC | 8,396 | $669.1K | 0.09% | +8,396 | New |
| AssuredPartners Investment Advisors, LLC | 8,381 | $668.0K | 0.10% | +4,620+122.8% | Added |
| Landscape Capital Management, L.L.C. | 8,378 | $667.7K | 0.04% | +1,979+30.9% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 8,346 | $665.2K | 0.00% | +441+5.6% | Added |
| CenterBook Partners LP | 8,315 | $662.7K | 0.03% | −3,378−28.9% | Reduced |
| CWC Advisors, LLC. | 8,195 | $653.1K | 0.32% | +11+0.1% | Added |
| Atlas Legacy Advisors, LLC | 8,150 | $649.4K | 0.11% | +1,169+16.7% | Added |
| Atomi Financial Group, Inc. | 8,101 | $645.7K | 0.02% | −2,429−23.1% | Reduced |
| Ticino Wealth | 8,086 | $644.5K | 0.24% | +8,086 | New |
| Nomura Holdings Inc | 8,070 | $643.2K | 0.00% | +518+6.9% | Added |
| Advisory Alpha, LLC | 8,056 | $642.1K | 0.02% | +1,511+23.1% | Added |
| Securian Asset Management, Inc | 7,984 | $636.3K | 0.02% | −6,144−43.5% | Reduced |
| Keyes, Stange & Wooten Wealth Management, LLC | 7,961 | $634.5K | 0.30% | −312−3.8% | Reduced |
| Vident Advisory, LLC | 7,954 | $633.9K | 0.01% | −1,463−15.5% | Reduced |
| MUFG Securities Americas Inc. | 7,910 | $630.4K | 0.04% | +9+0.1% | Added |
| Manchester Capital Management LLC | 7,843 | $625.1K | 0.09% | +46+0.6% | Added |
| RMR Capital Management, LLC | 7,698 | $613.5K | 0.44% | +4,258+123.8% | Added |
| AlphaGrep UK Ltd | 7,683 | $612.3K | 0.20% | +7,683 | New |
| Blueshift Asset Management, LLC | 7,541 | $601.0K | 0.17% | +7,541 | New |
| Hyperion Capital Advisors LP | 7,500 | $597.8K | 0.29% | 00.0% | Unchanged |
| Brookstone Capital Management | 7,484 | $596.5K | 0.01% | −30,910−80.5% | Reduced |
| Jefferies Financial Group Inc. | 7,446 | $593.4K | 0.00% | −14,062−65.4% | Reduced |
| Boreal Capital Management LLC | 7,399 | $589.7K | 0.44% | +1,743+30.8% | Added |
| Kentucky Retirement Systems Insurance Trust Fund | 7,342 | $585.2K | 0.04% | 00.0% | Unchanged |
| Leonteq Securities AG | 7,200 | $573.8K | 0.03% | +6,565+1,033.9% | Added |
| Verdence Capital Advisors LLC | 7,173 | $571.7K | 0.03% | +2,817+64.7% | Added |