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, Q1 2026
Institutional positions in Brown & Brown, Inc. as of Mar 31, 2026. 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
- 816
- −62 vs. Q4 2025
- Shares held
- 278.6M
- +50.3M (+22.0%) vs. Q4 2025
- Total value
- $18.2B
- −$19.5M (−0.1%) vs. Q4 2025
- New holders
- 98
- 311 more added
- Sold out
- 160
- 304 more reduced
12 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 21,916,747 | $1.43B | 0.03% | +145,802+0.7% | Added |
| Vanguard Capital Management LLC | 18,921,240 | $1.23B | 0.03% | +18,921,240 | New |
| Capital World Investors | 16,493,922 | $1.08B | 0.15% | −1,392,473−7.8% | Reduced |
| FMR LLC | 16,050,696 | $1.05B | 0.06% | +5,514,133+52.3% | Added |
| Principal Financial Group Inc | 15,608,720 | $1.02B | 0.54% | +246,172+1.6% | Added |
| Vanguard Portfolio Management LLC | 14,586,476 | $951.2M | 0.05% | +14,586,476 | New |
| State Street Corp | 13,776,462 | $898.4M | 0.03% | +372,648+2.8% | Added |
| First Eagle Investment Management, LLC | 8,823,162 | $575.4M | 0.98% | +8,823,162 | New |
| Geode Capital Management, LLC | 8,138,153 | $528.8M | 0.03% | +185,196+2.3% | Added |
| Select Equity Group, L.P. | 8,022,123 | $523.1M | 2.79% | −1,412,679−15.0% | Reduced |
| Kempen Capital Management N.V. | 5,871,215 | $382.9M | 3.36% | +1,332,631+29.4% | Added |
| Deutsche Bank AG | 4,202,034 | $274.0M | 0.09% | +272,573+6.9% | Added |
| Capital Research Global Investors | 3,891,662 | $253.8M | 0.04% | +3,891,662 | New |
| Barclays PLC | 3,679,770 | $240.0M | 0.09% | +281,779+8.3% | Added |
| Bank of America Corp | 3,623,179 | $236.3M | 0.02% | +1,128,417+45.2% | Added |
| Royal Bank of Canada | 3,569,784 | $232.8M | 0.04% | +173,320+5.1% | Added |
| Invesco Ltd. | 3,481,309 | $227.0M | 0.02% | +622,888+21.8% | Added |
| Morgan Stanley | 3,244,972 | $211.6M | 0.01% | −1,375,150−29.8% | Reduced |
| JPMorgan Chase & Co | 3,137,024 | $204.7M | 0.01% | +714,054+29.5% | Added |
| Wells Fargo & Company | 2,998,461 | $195.5M | 0.04% | −10,599−0.4% | Reduced |
| Capital International Investors | 2,610,500 | $170.2M | 0.04% | −2,052,665−44.0% | Reduced |
| Allspring Global Investments Holdings, LLC | 2,544,886 | $163.9M | 0.27% | −257,441−9.2% | Reduced |
| Northern Trust Corp | 2,448,762 | $159.7M | 0.02% | −7,410−0.3% | Reduced |
| Madison Asset Management, LLC | 2,307,622 | $150.5M | 1.87% | +320,512+16.1% | Added |
| Goldman Sachs Group Inc | 2,280,602 | $148.7M | 0.02% | +95,869+4.4% | Added |
| Fenimore Asset Management Inc | 2,223,136 | $145.0M | 3.23% | +39,625+1.8% | Added |
| ProShare Advisors LLC | 2,187,864 | $142.7M | 0.21% | +338,191+18.3% | Added |
| UBS Group AG | 1,855,365 | $121.0M | 0.02% | −116,893−5.9% | Reduced |
| Charles Schwab Investment Management Inc | 1,827,462 | $119.2M | 0.02% | +73,886+4.2% | Added |
| Natixis Advisors, L.P. | 1,769,749 | $115.4M | 0.16% | +411,663+30.3% | Added |
| Dimensional Fund Advisors LP | 1,710,837 | $111.6M | 0.02% | −12,552−0.7% | Reduced |
| Jones Financial Companies LLLP | 1,708,136 | $108.3M | 0.05% | +1,633,553+2,190.2% | Added |
| Vanguard Fiduciary Trust Co | 1,646,933 | $107.4M | 0.03% | +1,646,933 | New |
| Gobi Capital LLC | 1,621,046 | $105.7M | 6.18% | +192,369+13.5% | Added |
| Renaissance Technologies LLC | 1,573,902 | $102.6M | 0.16% | +499,902+46.5% | Added |
| Massachusetts Financial Services Co | 1,537,185 | $100.2M | 0.03% | +1,537,185 | New |
| UBS Asset Management Americas Inc | 1,513,122 | $98.7M | 0.02% | +22,367+1.5% | Added |
| Polar Capital Holdings Plc | 1,440,000 | $93.9M | 0.41% | +515,000+55.7% | Added |
| Bank of New York Mellon Corp | 1,391,069 | $90.7M | 0.02% | +1,941+0.1% | Added |
| Tandem Investment Advisors, Inc. | 1,185,144 | $77.3M | 3.79% | −106,674−8.3% | Reduced |
| Two Sigma Investments, LP | 1,165,284 | $76.0M | 0.06% | +1,165,284 | New |
| Rathbone Brothers plc | 1,154,219 | $75.3M | 0.30% | +173,265+17.7% | Added |
| Legal & General Group Plc | 1,111,830 | $72.5M | 0.02% | −4240.0% | Reduced |
| Verition Fund Management LLC | 1,087,074 | $70.9M | 0.69% | +159,013+17.1% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 1,029,338 | $67.1M | 0.20% | −78,565−7.1% | Reduced |
| Citadel Advisors LLC | 986,733 | $64.3M | 0.05% | +873,974+775.1% | Added |
| Champlain Investment Partners, LLC | 968,274 | $63.1M | 0.80% | −131,036−11.9% | Reduced |
| Storebrand Asset Management AS | 945,700 | $61.7M | 0.18% | +256,564+37.2% | Added |
| Susquehanna International Group, LLP | 873,340 | $57.0M | 0.07% | +829,868+1,909.0% | Added |
| Raymond James Financial Inc | 855,778 | $55.8M | 0.02% | −152,354−15.1% | Reduced |
| Swiss National Bank | 851,700 | $55.5M | 0.03% | +58,100+7.3% | Added |
| Barr E S & Co | 819,847 | $53.5M | 3.11% | +457,178+126.1% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 768,395 | $50.1M | 0.08% | −343,212−30.9% | Reduced |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 755,269 | $49.3M | 1.80% | −17,251−2.2% | Reduced |
| Citigroup Inc | 740,531 | $48.3M | 0.03% | +327,552+79.3% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 710,890 | $46.4M | 0.03% | −122,155−14.7% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 710,734 | $46.3M | 0.03% | +38,999+5.8% | Added |
| Nordea Investment Management AB | 717,365 | $46.3M | 0.04% | −28,595−3.8% | Reduced |
| Nomura Asset Management International Inc. | 706,249 | $46.1M | 0.08% | −71,259−9.2% | Reduced |
| Royal London Asset Management Ltd | 698,522 | $45.6M | 0.10% | +6,948+1.0% | Added |
| Brown Brothers Harriman & Co | 663,762 | $43.3M | 0.23% | −8,696−1.3% | Reduced |
| CBOE Vest Financial, LLC | 663,305 | $43.3M | 0.52% | +110,311+19.9% | Added |
| Dundas Partners LLP | 659,990 | $43.0M | 3.43% | −6,813−1.0% | Reduced |
| Quantum Capital Management, LLC | 641,613 | $41.8M | 5.35% | −8,242−1.3% | Reduced |
| Vanguard Global Advisers, LLC | 640,186 | $41.7M | 0.02% | +640,186 | New |
| Nuveen, LLC | 607,781 | $39.6M | 0.01% | +7,271+1.2% | Added |
| Amundi | 592,073 | $38.6M | 0.01% | +23,967+4.2% | Added |
| Nomura Asset Management Co Ltd | 583,979 | $38.1M | 0.10% | +80,720+16.0% | Added |
| HSBC Holdings PLC | 576,256 | $37.6M | 0.02% | −34,481−5.6% | Reduced |
| PFA Pension, Forsikringsaktieselskab | 575,878 | $37.6M | 0.11% | −362−0.1% | Reduced |
| Rhumbline Advisers | 573,973 | $37.4M | 0.03% | +4,944+0.9% | Added |
| Price T Rowe Associates Inc | 572,724 | $37.3M | 0.00% | +44,975+8.5% | Added |
| Schwartz Investment Counsel Inc | 555,400 | $36.2M | 1.29% | 00.0% | Unchanged |
| Snyder Capital Management L P | 547,703 | $35.7M | 0.69% | −7,589−1.4% | Reduced |
| Envestnet Asset Management Inc | 521,540 | $34.0M | 0.01% | −103,565−16.6% | Reduced |
| California Public Employees Retirement System | 513,153 | $33.5M | 0.02% | −92,416−15.3% | Reduced |
| Gotham Asset Management, LLC | 510,021 | $33.3M | 0.10% | +209,491+69.7% | Added |
| Artisan Partners Limited Partnership | 506,724 | $33.0M | 0.05% | +506,724 | New |
| Vanguard Asset Management, Ltd | 506,473 | $33.0M | 0.03% | +506,473 | New |
| National Pension Service | 502,594 | $32.8M | 0.02% | −1,010−0.2% | Reduced |
| BNP Paribas Arbitrage, SA | 498,045 | $32.5M | 0.02% | −111,780−18.3% | Reduced |
| Korea Investment CORP | 463,838 | $30.2M | 0.06% | +313,540+208.6% | Added |
| EULAV Asset Management | 444,900 | $29.0M | 0.93% | 00.0% | Unchanged |
| Captrust Financial Advisors | 442,729 | $28.9M | 0.05% | −42,424−8.7% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 438,147 | $28.6M | 0.07% | +15,763+3.7% | Added |
| Clarkston Capital Partners, LLC | 414,861 | $27.1M | 2.06% | −139,199−25.1% | Reduced |
| Local Pensions Partnership Investment Ltd | 406,000 | $26.5M | 0.57% | 00.0% | Unchanged |
| Confluence Investment Management LLC | 404,645 | $26.4M | 0.41% | −8,674−2.1% | Reduced |
| Bank of Montreal | 404,029 | $26.3M | 0.01% | −63,507−13.6% | Reduced |
| TimesSquare Capital Management, LLC | 401,946 | $26.2M | 0.44% | −7,756−1.9% | Reduced |
| Osterweis Capital Management Inc | 397,311 | $25.9M | 1.34% | −28,435−6.7% | Reduced |
| Cortland Associates Inc | 392,479 | $25.6M | 3.67% | +103,034+35.6% | Added |
| SEI Investments Co | 376,761 | $24.6M | 0.02% | −194,225−34.0% | Reduced |
| Alliancebernstein L.P. | 296,581 | $23.6M | 0.01% | −12,253−4.0% | Reduced |
| Stifel Financial Corp | 357,354 | $23.3M | 0.02% | +60,221+20.3% | Added |
| Philo Smith Capital Corp | 347,450 | $22.7M | 6.46% | +30,000+9.5% | Added |
| CIBC Asset Management Inc | 347,844 | $22.6M | 0.06% | −84,548−19.6% | Reduced |
| Cresset Asset Management, LLC | 337,486 | $22.0M | 0.10% | +28,931+9.4% | Added |
| California State Teachers Retirement System | 336,695 | $22.0M | 0.02% | −11,978−3.4% | Reduced |
| SG Americas Securities, LLC | 332,213 | $21.7M | 0.02% | +111,104+50.2% | Added |