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 |
|---|---|---|---|---|---|
| Canada Post Corp Registered Pension Plan | 7,160 | $570.7K | 0.02% | +1,560+27.9% | Added |
| Hennion & Walsh Asset Management, Inc. | 7,094 | $565.4K | 0.02% | −42−0.6% | Reduced |
| Holland Advisory Services, Inc. | 7,064 | $563.0K | 0.76% | −327−4.4% | Reduced |
| Hunter Associates Investment Management LLC | 7,039 | $563.0K | 0.08% | +19+0.3% | Added |
| GAMMA Investing LLC | 6,927 | $552.1K | 0.03% | −1,843−21.0% | Reduced |
| Thoroughbred Financial Services, LLC | 6,871 | $547.0K | 0.03% | −2,570−27.2% | Reduced |
| Moors & Cabot, Inc. | 6,854 | $546.3K | 0.02% | +49+0.7% | Added |
| Xcel Wealth Management, LLC | 6,834 | $544.7K | 0.14% | 00.0% | Unchanged |
| Ieq Capital, LLC | 6,813 | $543.0K | 0.00% | −9,562−58.4% | Reduced |
| J.W. Cole Advisors, Inc. | 6,758 | $537.6K | 0.01% | −311−4.4% | Reduced |
| NFP Retirement, Inc. | 6,735 | $536.8K | 0.03% | +25+0.4% | Added |
| Axxcess Wealth Management, LLC | 6,719 | $535.5K | 0.01% | +6,719 | New |
| SevenBridge Financial Group, LLC | 6,721 | $535.1K | 0.09% | 00.0% | Unchanged |
| Quest Partners LLC | 6,625 | $528.0K | 0.03% | 00.0% | Unchanged |
| Studio Investment Management LLC | 6,612 | $527.0K | 0.10% | +480+7.8% | Added |
| Serenity Investment Advisors | 6,533 | $526.5K | 0.31% | +6,533 | New |
| Axq Capital, LP | 6,579 | $524.3K | 0.12% | +6,579 | New |
| Ferguson Wellman Capital Management, Inc | 6,547 | $521.8K | 0.01% | −312,208−97.9% | Reduced |
| DRW Securities, LLC | 6,514 | $519.2K | 0.04% | −2,436−27.2% | Reduced |
| Global X Japan Co., Ltd. | 6,472 | $515.8K | 0.04% | +502+8.4% | Added |
| Norden Group LLC | 6,432 | $512.7K | 0.05% | −624−8.8% | Reduced |
| Tower Research Capital LLC (TRC) | 6,287 | $501.1K | 0.01% | +3,260+107.7% | Added |
| SFM, LLC | 6,234 | $496.9K | 0.29% | −2,976−32.3% | Reduced |
| Engineers Gate Manager LP | 6,129 | $488.5K | 0.01% | −4,441−42.0% | Reduced |
| Vise Technologies, Inc. | 6,097 | $485.9K | 0.01% | +3,162+107.7% | Added |
| Sound Financial Strategies Group, LLC | 6,089 | $485.3K | 0.34% | −519−7.9% | Reduced |
| Texas Yale Capital Corp. | 6,070 | $483.8K | 0.01% | +6,070 | New |
| Huntington National Bank | 6,008 | $478.8K | 0.00% | +858+16.7% | Added |
| Arrowstreet Capital, Limited Partnership | 5,980 | $476.6K | 0.00% | −33,654−84.9% | Reduced |
| Adviser Investments LLC | 5,944 | $473.7K | 0.01% | +56+1.0% | Added |
| Andra AP-fonden | 5,909 | $470.9K | 0.01% | −126,395−95.5% | Reduced |
| Hamilton Capital Partners Inc. | 5,848 | $466.1K | 0.02% | −534−8.4% | Reduced |
| S-Bank Fund Management Ltd | 5,812 | $463.2K | 0.06% | −105−1.8% | Reduced |
| Foundations Investment Advisors, LLC | 5,796 | $462.0K | 0.01% | +5,796 | New |
| Virtu Financial LLC | 5,616 | $448.0K | 0.02% | +5,616 | New |
| Fidelis Capital Partners, LLC | 5,482 | $436.9K | 0.03% | −176−3.1% | Reduced |
| Warren Averett Asset Management, LLC | 5,464 | $435.5K | 0.00% | −1,368−20.0% | Reduced |
| Advisor OS, LLC | 5,462 | $435.3K | 0.04% | +233+4.5% | Added |
| Dai-Ichi Life Insurance Company, Ltd | 5,428 | $432.6K | 0.01% | +1,178+27.7% | Added |
| BOK Financial Private Wealth, Inc. | 5,383 | $429.0K | 0.03% | −786−12.7% | Reduced |
| Centennial Bank | 5,324 | $424.3K | 0.17% | 00.0% | Unchanged |
| MJP Associates Inc | 5,250 | $418.4K | 0.05% | +35+0.7% | Added |
| Legacy Capital Wealth Partners, LLC | 5,202 | $414.6K | 0.09% | +125+2.5% | Added |
| Howland Capital Management LLC | 5,196 | $414.1K | 0.02% | 00.0% | Unchanged |
| Vontobel Holding Ltd. | 5,187 | $413.4K | 0.00% | −2,002−27.8% | Reduced |
| Vestcor Inc | 5,183 | $413.0K | 0.01% | 00.0% | Unchanged |
| Mutual Advisors, LLC | 5,145 | $410.0K | 0.01% | −710−12.1% | Reduced |
| Gateway Investment Advisers LLC | 5,123 | $408.3K | 0.00% | +688+15.5% | Added |
| Integrated Investment Consultants, LLC | 5,115 | $407.7K | 0.08% | −754−12.8% | Reduced |
| Argonautica Private Wealth Management, Inc | 5,088 | $405.5K | 0.12% | −146−2.8% | Reduced |
| Phillips Financial Management, LLC | 5,060 | $403.3K | 0.03% | −7−0.1% | Reduced |
| Bullock Wealth Management Group | 5,048 | $402.3K | 0.20% | +8+0.2% | Added |
| Osmosis Investment Management UK Ltd | 5,022 | $400.3K | 0.01% | +5,022 | New |
| Pine Valley Investments Ltd Liability Co | 5,007 | $399.1K | 0.02% | +203+4.2% | Added |
| Klingman & Associates, LLC | 5,004 | $398.8K | 0.02% | +253+5.3% | Added |
| Trust Point Inc. | 4,994 | $398.0K | 0.03% | +627+14.4% | Added |
| American National Bank of Texas | 4,911 | $391.4K | 0.38% | +264+5.7% | Added |
| Revisor Wealth Management LLC | 4,764 | $382.6K | 0.10% | +274+6.1% | Added |
| Wealthspire Advisors, LLC | 4,713 | $375.6K | 0.00% | +2,618+125.0% | Added |
| Mayflower Financial Advisors, LLC | 4,652 | $370.8K | 0.04% | −783−14.4% | Reduced |
| Forum Private Client Group LLC | 4,608 | $367.3K | 0.13% | +9+0.2% | Added |
| Change Path, LLC | 4,508 | $359.3K | 0.01% | +139+3.2% | Added |
| Numerai GP LLC | 4,497 | $358.4K | 0.04% | −16,959−79.0% | Reduced |
| Prelude Capital Management, LLC | 4,465 | $355.9K | 0.03% | +4,465 | New |
| Journey Strategic Wealth LLC | 4,443 | $354.1K | 0.01% | −1,830−29.2% | Reduced |
| TCW Group Inc | 4,373 | $348.5K | 0.00% | +4,373 | New |
| Ashton Thomas Private Wealth, LLC | 4,363 | $347.7K | 0.01% | −1,654−27.5% | Reduced |
| Apriem Advisors | 4,343 | $346.1K | 0.03% | −3−0.1% | Reduced |
| V-Square Quantitative Management LLC | 4,312 | $343.7K | 0.04% | +4,312 | New |
| Venturi Wealth Management, LLC | 4,307 | $343.3K | 0.02% | −701−14.0% | Reduced |
| Belpointe Asset Management LLC | 4,287 | $341.7K | 0.01% | +191+4.7% | Added |
| Tema ETFs LLC | 4,281 | $341.2K | 0.03% | −12−0.3% | Reduced |
| Entropy Technologies, LP | 4,280 | $341.1K | 0.02% | +4,280 | New |
| Abc Arbitrage SA | 4,266 | $340.0K | 0.03% | +4,266 | New |
| Prevail Innovative Wealth Advisors, LLC | 4,237 | $337.7K | 0.06% | +103+2.5% | Added |
| Equitable Holdings, Inc. | 4,183 | $333.4K | 0.00% | +610+17.1% | Added |
| Siemens Fonds Invest GmbH | 4,140 | $332.1K | 0.02% | −2,906−41.2% | Reduced |
| Means Investment Co., Inc. | 4,152 | $330.9K | 0.03% | 00.0% | Unchanged |
| GTS Securities LLC | 4,123 | $328.6K | 0.01% | +4,123 | New |
| ASR Vermogensbeheer N.V. | 4,116 | $328.0K | 0.00% | −49−1.2% | Reduced |
| Cornerstone Investment Partners, LLC | 4,112 | $327.7K | 0.01% | +4,112 | New |
| CWM Advisors, LLC | 4,111 | $327.6K | 0.03% | +806+24.4% | Added |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 4,095 | $326.4K | 0.01% | +4,095 | New |
| Ambassador Advisors, LLC | 4,093 | $326.2K | 0.05% | −26,887−86.8% | Reduced |
| Gibbs Wealth Management | 4,041 | $325.9K | 0.08% | −544−11.9% | Reduced |
| AlphaCore Capital LLC | 4,085 | $325.6K | 0.01% | +4,085 | New |
| Washington Trust Bank | 4,070 | $324.4K | 0.02% | 00.0% | Unchanged |
| Portside Wealth Group, LLC | 4,002 | $319.0K | 0.04% | −927−18.8% | Reduced |
| Pensionmark Financial Group, LLC | 3,994 | $318.4K | 0.01% | +785+24.5% | Added |
| Fifth Third Wealth Advisors LLC | 3,958 | $315.5K | 0.01% | −2,565−39.3% | Reduced |
| RMB Capital Management, LLC | 3,924 | $312.7K | 0.01% | +1,335+51.6% | Added |
| Henshaw Capital LLC | 3,899 | $310.8K | 0.01% | −2,897−42.6% | Reduced |
| Xxi Wealth, LLC | 3,877 | $309.0K | 0.19% | +3,877 | New |
| Somerset Trust Co | 3,822 | $304.6K | 0.09% | 00.0% | Unchanged |
| 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 |
| Moment Partners, LLC | 3,752 | $299.1K | 0.06% | −880−19.0% | Reduced |
| Evolve Private Wealth, LLC | 3,726 | $297.0K | 0.02% | +3,726 | New |
| Cary Street Partner Investment Advisory LLC | 3,702 | $295.1K | 0.08% | +26+0.7% | Added |
| Caitong International Asset Management Co., Ltd | 3,690 | $294.1K | 0.07% | +2,875+352.8% | Added |