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 |
|---|---|---|---|---|---|
| Victory Capital Management Inc | 218,218 | $14.2M | 0.01% | +75,703+53.1% | Added |
| State Board of Administration of Florida Retirement System | 225,741 | $14.7M | 0.03% | 00.0% | Unchanged |
| Mackenzie Financial Corp | 226,252 | $14.8M | 0.02% | +53,400+30.9% | Added |
| APG Asset Management N.V. | 266,399 | $15.1M | 0.05% | +5,012+1.9% | Added |
| DF Dent & Co Inc | 232,798 | $15.2M | 0.29% | −154,157−39.8% | Reduced |
| Pictet Asset Management Holding SA | 239,018 | $15.6M | 0.02% | −19,123−7.4% | Reduced |
| Marshall Wace, LLP | 246,349 | $16.1M | 0.02% | +237,920+2,822.6% | Added |
| Aviva PLC | 247,213 | $16.1M | 0.03% | +7,671+3.2% | Added |
| Distillate Capital Partners LLC | 250,363 | $16.3M | 0.86% | +82,303+49.0% | Added |
| Diamond Hill Capital Management Inc | 258,927 | $16.9M | 0.11% | +179,230+224.9% | Added |
| DekaBank Deutsche Girozentrale | 260,347 | $17.3M | 0.03% | 00.0% | Unchanged |
| Fuller & Thaler Asset Management, Inc. | 273,684 | $17.8M | 0.06% | +213,304+353.3% | Added |
| LPL Financial LLC | 277,031 | $18.1M | 0.00% | −413−0.1% | Reduced |
| Keybank National Association | 300,387 | $19.6M | 0.07% | +285,098+1,864.7% | Added |
| Federated Hermes, Inc. | 306,536 | $20.0M | 0.03% | +294,440+2,434.2% | Added |
| Ameriprise Financial Inc | 311,112 | $20.3M | 0.00% | +37,170+13.6% | Added |
| SG Americas Securities, LLC | 332,213 | $21.7M | 0.02% | +111,104+50.2% | Added |
| California State Teachers Retirement System | 336,695 | $22.0M | 0.02% | −11,978−3.4% | Reduced |
| Cresset Asset Management, LLC | 337,486 | $22.0M | 0.10% | +28,931+9.4% | Added |
| CIBC Asset Management Inc | 347,844 | $22.6M | 0.06% | −84,548−19.6% | Reduced |
| Philo Smith Capital Corp | 347,450 | $22.7M | 6.46% | +30,000+9.5% | Added |
| Stifel Financial Corp | 357,354 | $23.3M | 0.02% | +60,221+20.3% | Added |
| Alliancebernstein L.P. | 296,581 | $23.6M | 0.01% | −12,253−4.0% | Reduced |
| SEI Investments Co | 376,761 | $24.6M | 0.02% | −194,225−34.0% | Reduced |
| Cortland Associates Inc | 392,479 | $25.6M | 3.67% | +103,034+35.6% | Added |
| Osterweis Capital Management Inc | 397,311 | $25.9M | 1.34% | −28,435−6.7% | Reduced |
| TimesSquare Capital Management, LLC | 401,946 | $26.2M | 0.44% | −7,756−1.9% | Reduced |
| Bank of Montreal | 404,029 | $26.3M | 0.01% | −63,507−13.6% | Reduced |
| Confluence Investment Management LLC | 404,645 | $26.4M | 0.41% | −8,674−2.1% | Reduced |
| Local Pensions Partnership Investment Ltd | 406,000 | $26.5M | 0.57% | 00.0% | Unchanged |
| Clarkston Capital Partners, LLC | 414,861 | $27.1M | 2.06% | −139,199−25.1% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 438,147 | $28.6M | 0.07% | +15,763+3.7% | Added |
| Captrust Financial Advisors | 442,729 | $28.9M | 0.05% | −42,424−8.7% | Reduced |
| EULAV Asset Management | 444,900 | $29.0M | 0.93% | 00.0% | Unchanged |
| Korea Investment CORP | 463,838 | $30.2M | 0.06% | +313,540+208.6% | Added |
| BNP Paribas Arbitrage, SA | 498,045 | $32.5M | 0.02% | −111,780−18.3% | Reduced |
| National Pension Service | 502,594 | $32.8M | 0.02% | −1,010−0.2% | Reduced |
| Vanguard Asset Management, Ltd | 506,473 | $33.0M | 0.03% | +506,473 | New |
| Artisan Partners Limited Partnership | 506,724 | $33.0M | 0.05% | +506,724 | New |
| Gotham Asset Management, LLC | 510,021 | $33.3M | 0.10% | +209,491+69.7% | Added |
| California Public Employees Retirement System | 513,153 | $33.5M | 0.02% | −92,416−15.3% | Reduced |
| Envestnet Asset Management Inc | 521,540 | $34.0M | 0.01% | −103,565−16.6% | Reduced |
| Snyder Capital Management L P | 547,703 | $35.7M | 0.69% | −7,589−1.4% | Reduced |
| Schwartz Investment Counsel Inc | 555,400 | $36.2M | 1.29% | 00.0% | Unchanged |
| Price T Rowe Associates Inc | 572,724 | $37.3M | 0.00% | +44,975+8.5% | Added |
| Rhumbline Advisers | 573,973 | $37.4M | 0.03% | +4,944+0.9% | Added |
| PFA Pension, Forsikringsaktieselskab | 575,878 | $37.6M | 0.11% | −362−0.1% | Reduced |
| HSBC Holdings PLC | 576,256 | $37.6M | 0.02% | −34,481−5.6% | Reduced |
| Nomura Asset Management Co Ltd | 583,979 | $38.1M | 0.10% | +80,720+16.0% | Added |
| Amundi | 592,073 | $38.6M | 0.01% | +23,967+4.2% | Added |
| Nuveen, LLC | 607,781 | $39.6M | 0.01% | +7,271+1.2% | Added |
| Vanguard Global Advisers, LLC | 640,186 | $41.7M | 0.02% | +640,186 | New |
| Quantum Capital Management, LLC | 641,613 | $41.8M | 5.35% | −8,242−1.3% | Reduced |
| Dundas Partners LLP | 659,990 | $43.0M | 3.43% | −6,813−1.0% | Reduced |
| CBOE Vest Financial, LLC | 663,305 | $43.3M | 0.52% | +110,311+19.9% | Added |
| Brown Brothers Harriman & Co | 663,762 | $43.3M | 0.23% | −8,696−1.3% | Reduced |
| Royal London Asset Management Ltd | 698,522 | $45.6M | 0.10% | +6,948+1.0% | Added |
| Nomura Asset Management International Inc. | 706,249 | $46.1M | 0.08% | −71,259−9.2% | Reduced |
| Nordea Investment Management AB | 717,365 | $46.3M | 0.04% | −28,595−3.8% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 710,734 | $46.3M | 0.03% | +38,999+5.8% | Added |
| Sumitomo Mitsui Trust Holdings, Inc. | 710,890 | $46.4M | 0.03% | −122,155−14.7% | Reduced |
| Citigroup Inc | 740,531 | $48.3M | 0.03% | +327,552+79.3% | Added |
| Giverny Capital Inc.SuperinvestorGiverny Capital | 755,269 | $49.3M | 1.80% | −17,251−2.2% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 768,395 | $50.1M | 0.08% | −343,212−30.9% | Reduced |
| Barr E S & Co | 819,847 | $53.5M | 3.11% | +457,178+126.1% | Added |
| Swiss National Bank | 851,700 | $55.5M | 0.03% | +58,100+7.3% | Added |
| Raymond James Financial Inc | 855,778 | $55.8M | 0.02% | −152,354−15.1% | Reduced |
| Susquehanna International Group, LLP | 873,340 | $57.0M | 0.07% | +829,868+1,909.0% | Added |
| Storebrand Asset Management AS | 945,700 | $61.7M | 0.18% | +256,564+37.2% | Added |
| Champlain Investment Partners, LLC | 968,274 | $63.1M | 0.80% | −131,036−11.9% | Reduced |
| Citadel Advisors LLC | 986,733 | $64.3M | 0.05% | +873,974+775.1% | Added |
| Kayne Anderson Rudnick Investment Management LLC | 1,029,338 | $67.1M | 0.20% | −78,565−7.1% | Reduced |
| Verition Fund Management LLC | 1,087,074 | $70.9M | 0.69% | +159,013+17.1% | Added |
| Legal & General Group Plc | 1,111,830 | $72.5M | 0.02% | −4240.0% | Reduced |
| Rathbone Brothers plc | 1,154,219 | $75.3M | 0.30% | +173,265+17.7% | Added |
| Two Sigma Investments, LP | 1,165,284 | $76.0M | 0.06% | +1,165,284 | New |
| Tandem Investment Advisors, Inc. | 1,185,144 | $77.3M | 3.79% | −106,674−8.3% | Reduced |
| Bank of New York Mellon Corp | 1,391,069 | $90.7M | 0.02% | +1,941+0.1% | Added |
| Polar Capital Holdings Plc | 1,440,000 | $93.9M | 0.41% | +515,000+55.7% | Added |
| UBS Asset Management Americas Inc | 1,513,122 | $98.7M | 0.02% | +22,367+1.5% | Added |
| Massachusetts Financial Services Co | 1,537,185 | $100.2M | 0.03% | +1,537,185 | New |
| Renaissance Technologies LLC | 1,573,902 | $102.6M | 0.16% | +499,902+46.5% | Added |
| Gobi Capital LLC | 1,621,046 | $105.7M | 6.18% | +192,369+13.5% | Added |
| Vanguard Fiduciary Trust Co | 1,646,933 | $107.4M | 0.03% | +1,646,933 | New |
| Jones Financial Companies LLLP | 1,708,136 | $108.3M | 0.05% | +1,633,553+2,190.2% | Added |
| Dimensional Fund Advisors LP | 1,710,837 | $111.6M | 0.02% | −12,552−0.7% | Reduced |
| Natixis Advisors, L.P. | 1,769,749 | $115.4M | 0.16% | +411,663+30.3% | Added |
| Charles Schwab Investment Management Inc | 1,827,462 | $119.2M | 0.02% | +73,886+4.2% | Added |
| UBS Group AG | 1,855,365 | $121.0M | 0.02% | −116,893−5.9% | Reduced |
| ProShare Advisors LLC | 2,187,864 | $142.7M | 0.21% | +338,191+18.3% | Added |
| Fenimore Asset Management Inc | 2,223,136 | $145.0M | 3.23% | +39,625+1.8% | Added |
| Goldman Sachs Group Inc | 2,280,602 | $148.7M | 0.02% | +95,869+4.4% | Added |
| Madison Asset Management, LLC | 2,307,622 | $150.5M | 1.87% | +320,512+16.1% | Added |
| Northern Trust Corp | 2,448,762 | $159.7M | 0.02% | −7,410−0.3% | Reduced |
| Allspring Global Investments Holdings, LLC | 2,544,886 | $163.9M | 0.27% | −257,441−9.2% | Reduced |
| Capital International Investors | 2,610,500 | $170.2M | 0.04% | −2,052,665−44.0% | Reduced |
| Wells Fargo & Company | 2,998,461 | $195.5M | 0.04% | −10,599−0.4% | Reduced |
| JPMorgan Chase & Co | 3,137,024 | $204.7M | 0.01% | +714,054+29.5% | Added |
| Morgan Stanley | 3,244,972 | $211.6M | 0.01% | −1,375,150−29.8% | Reduced |
| Invesco Ltd. | 3,481,309 | $227.0M | 0.02% | +622,888+21.8% | Added |