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 |
|---|---|---|---|---|---|
| D.A. Davidson & Co. | 3,674 | $292.8K | 0.00% | −19,396−84.1% | Reduced |
| Strategy Asset Managers LLC | 3,664 | $292.0K | 0.05% | +113+3.2% | Added |
| Kingsview Wealth Management, LLC | 3,658 | $291.6K | 0.00% | +4+0.1% | Added |
| Meeder Advisory Services, Inc. | 3,650 | $290.9K | 0.01% | −387−9.6% | Reduced |
| Ballentine Partners, LLC | 3,644 | $290.4K | 0.00% | −9−0.2% | Reduced |
| Private Advisor Group, LLC | 3,612 | $287.9K | 0.00% | −978−21.3% | Reduced |
| ClearAlpha Technologies LP | 3,608 | $287.6K | 0.82% | +3,608 | New |
| HighPoint Advisor Group LLC | 3,578 | $285.2K | 0.01% | +31+0.9% | Added |
| W.H. Cornerstone Investments Inc. | 3,570 | $284.6K | 0.17% | +9+0.3% | Added |
| Fisher Asset Management, LLC | 3,546 | $282.7K | 0.00% | +3,546 | New |
| Brinker Capital Investments, LLC | 3,529 | $281.3K | 0.00% | +545+18.3% | Added |
| NewEdge Wealth, LLC | 3,472 | $276.7K | 0.00% | +3,472 | New |
| Forum Financial Management, LP | 3,470 | $276.6K | 0.00% | −1,257−26.6% | Reduced |
| Gen-Wealth Partners Inc | 3,410 | $271.8K | 0.09% | −1,687−33.1% | Reduced |
| Citizens Financial Group Inc | 3,388 | $270.0K | 0.00% | +507+17.6% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 3,383 | $269.6K | 0.00% | +382+12.7% | Added |
| Arkadios Wealth Advisors | 3,352 | $267.1K | 0.01% | −3,375−50.2% | Reduced |
| Great Valley Advisor Group, Inc. | 3,350 | $266.8K | 0.01% | −213−6.0% | Reduced |
| Crestwood Advisors Group LLC | 3,344 | $266.5K | 0.00% | +3,344 | New |
| Unique Wealth, LLC | 3,334 | $265.7K | 0.04% | −286−7.9% | Reduced |
| Boston Family Office LLC | 3,285 | $262.0K | 0.02% | 00.0% | Unchanged |
| Phillips Wealth Planners LLC | 3,342 | $260.9K | 0.21% | −977−22.6% | Reduced |
| CSS LLC | 3,240 | $258.2K | 0.01% | +3,240 | New |
| Beese Fulmer Investment Management, Inc. | 3,238 | $258.1K | 0.02% | +3,238 | New |
| Sagespring Wealth Partners, LLC | 3,219 | $256.5K | 0.00% | −96−2.9% | Reduced |
| Anchor Investment Management, LLC | 3,216 | $256.3K | 0.02% | −35−1.1% | Reduced |
| OpenArc Corporate Advisory, LLC | 3,164 | $252.2K | 0.00% | +3,164 | New |
| 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 |
| Apollon Wealth Management, LLC | 3,112 | $248.0K | 0.00% | +583+23.1% | Added |
| Sowell Financial Services LLC | 3,107 | $247.6K | 0.01% | −2,719−46.7% | Reduced |
| Credit Capital Investments LLC | 3,100 | $247.1K | 0.23% | 00.0% | Unchanged |
| Ascent Group, LLC | 3,075 | $245.1K | 0.01% | −459−13.0% | Reduced |
| Evergreen Capital Management LLC | 3,065 | $244.3K | 0.01% | +3,065 | New |
| Profund Advisors LLC | 3,054 | $243.4K | 0.01% | −1,130−27.0% | Reduced |
| Checchi Capital Advisers, LLC | 3,005 | $239.5K | 0.02% | −242−7.5% | Reduced |
| Red Door Wealth Management, LLC | 2,997 | $238.9K | 0.02% | +2,997 | New |
| Signaturefd, LLC | 2,950 | $235.1K | 0.00% | +982+49.9% | Added |
| Brendel Financial Advisors LLC | 2,943 | $234.6K | 0.12% | −172−5.5% | Reduced |
| Frank, Rimerman Advisors LLC | 2,924 | $233.0K | 0.01% | −12−0.4% | Reduced |
| Independent Financial Group, LLC | 2,910 | $231.9K | 0.01% | −2−0.1% | Reduced |
| 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 |
| Mattern Wealth Management LLC | 2,878 | $229.4K | 0.04% | 00.0% | Unchanged |
| Oppenheimer & Co Inc | 2,868 | $228.6K | 0.00% | +2,868 | New |
| Brighton Securities Corp. | 2,867 | $228.5K | 0.11% | −79−2.7% | Reduced |
| Mather Group, LLC. | 2,852 | $227.3K | 0.00% | +351+14.0% | Added |
| Regions Financial Corp | 2,828 | $225.4K | 0.00% | −431−13.2% | Reduced |
| Patton Fund Management, Inc. | 2,824 | $225.1K | 0.03% | +366+14.9% | Added |
| Merit Financial Group, LLC | 2,809 | $223.9K | 0.00% | −5,187−64.9% | Reduced |
| Cigna Investments Inc | 2,799 | $223.0K | 0.03% | 00.0% | Unchanged |
| Ewa, LLC | 2,791 | $222.4K | 0.05% | +119+4.5% | Added |
| Impact Capital Partners LLC | 2,776 | $221.2K | 0.07% | +2,776 | New |
| Procyon Private Wealth Partners, LLC | 2,755 | $219.6K | 0.01% | −54−1.9% | Reduced |
| Mechanics Bank Trust Department | 2,715 | $216.4K | 0.03% | 00.0% | Unchanged |
| Parallel Advisors, LLC | 2,700 | $215.2K | 0.00% | +624+30.1% | Added |
| River Wealth Advisors LLC | 2,694 | $214.7K | 0.02% | −1,125−29.5% | Reduced |
| Trust Asset Management LLC | 2,672 | $213.0K | 0.01% | −57−2.1% | Reduced |
| MSH Capital Advisors LLC | 2,670 | $212.8K | 0.05% | +289+12.1% | Added |
| Farther Finance Advisors, LLC | 2,669 | $212.7K | 0.00% | −357−11.8% | Reduced |
| Fulton Bank, N.A. | 2,645 | $210.8K | 0.01% | +180+7.3% | Added |
| Douglass Winthrop Advisors, LLC | 2,600 | $207.2K | 0.00% | 00.0% | Unchanged |
| Curated Wealth Partners LLC | 2,597 | $207.0K | 0.02% | +2,597 | New |
| Armistice Capital, LLC | 2,590 | $206.4K | 0.01% | +2,590 | New |
| Clarius Group, LLC | 2,581 | $205.7K | 0.01% | −17−0.7% | Reduced |
| Simon Quick Advisors, LLC | 2,574 | $205.2K | 0.01% | −6,737−72.4% | Reduced |
| Boothbay Fund Management, LLC | 2,524 | $201.2K | 0.01% | −4,862−65.8% | Reduced |
| Capstone Capital Management Ltd | 2,513 | $200.3K | 0.19% | +2,513 | New |
| Zions Bancorporation, National Association | 2,480 | $197.7K | 0.01% | +2,364+2,037.9% | Added |
| Stephenson National Bank & Trust | 2,421 | $193.0K | 0.06% | +663+37.7% | Added |
| Quadrant Capital Group LLC | 2,382 | $189.8K | 0.01% | −3,600−60.2% | Reduced |
| Merited Wealth, LLC | 2,377 | $189.4K | 0.18% | +2,377 | New |
| SRS Capital Advisors, Inc. | 2,357 | $187.9K | 0.01% | −46,150−95.1% | Reduced |
| NBC Securities, Inc. | 2,324 | $185.2K | 0.01% | 00.0% | Unchanged |
| MAI Capital Management | 2,222 | $177.1K | 0.00% | −311−12.3% | Reduced |
| TD Private Client Wealth LLC | 2,168 | $172.8K | 0.00% | −50−2.3% | Reduced |
| Global Retirement Partners, LLC | 2,020 | $161.0K | 0.00% | −84−4.0% | Reduced |
| Smithfield Trust Co | 1,899 | $149.0K | 0.01% | +34+1.8% | Added |
| Livforsakringsbolaget Skandia, Omsesidigt | 1,801 | $143.5K | 0.01% | 00.0% | Unchanged |
| Penserra Capital Management LLC | 1,585 | $126.0K | 0.00% | +241+17.9% | Added |
| Simplex Trading, LLC | 1,501 | $119.6K | 0.00% | +1,198+395.4% | Added |
| Allworth Financial LP | 1,478 | $117.8K | 0.00% | −964−39.5% | Reduced |
| ORG Wealth Partners, LLC | 1,459 | $116.3K | 0.03% | −4,414−75.2% | Reduced |
| Massmutual Trust Co FSB | 1,418 | $113.0K | 0.00% | +535+60.6% | Added |
| Trust Co of Vermont | 1,401 | $111.7K | 0.00% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 1,309 | $104.3K | 0.00% | +541+70.4% | Added |
| CoreCap Advisors, LLC | 1,288 | $102.7K | 0.00% | −1,124−46.6% | Reduced |
| Los Angeles Capital Management LLC | 1,227 | $98.7K | 0.00% | −16,525−93.1% | Reduced |
| Harbour Investments, Inc. | 1,221 | $97.3K | 0.00% | +1,005+465.3% | Added |
| ORG Partners LLC | 1,221 | $97.3K | 0.02% | −826−40.4% | Reduced |
| Private Trust Co NA | 1,147 | $91.4K | 0.01% | +133+13.1% | Added |
| Private Wealth Asset Management, LLC | 1,134 | $90.4K | 0.01% | 00.0% | Unchanged |
| Caldwell Trust Co | 1,113 | $88.7K | 0.01% | 00.0% | Unchanged |
| SOA Wealth Advisors, LLC. | 1,106 | $88.1K | 0.01% | 00.0% | Unchanged |
| Johnson Financial Group, Inc. | 1,094 | $87.2K | 0.00% | −819−42.8% | Reduced |
| Pinnacle Wealth Planning Services, Inc. | 1,026 | $81.8K | 0.01% | +1,026 | New |
| Glen Eagle Advisors, LLC | 1,000 | $79.7K | 0.01% | 00.0% | Unchanged |
| DV Trading LLC | 1,000 | $79.7K | 0.01% | +1,000 | New |
| Dorato Capital Management | 980 | $77.8K | 0.06% | +980 | New |
| Assetmark, Inc | 900 | $71.7K | 0.00% | −23−2.5% | Reduced |