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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.

Institutional holdersQ1 2026: 816 institutions
Q1 2021: 458 institutionsQ2 2021: 470 institutionsQ3 2021: 518 institutionsQ4 2021: 553 institutionsQ1 2022: 581 institutionsQ2 2022: 576 institutionsQ3 2022: 568 institutionsQ4 2022: 573 institutionsQ1 2023: 570 institutionsQ2 2023: 607 institutionsQ3 2023: 631 institutionsQ4 2023: 686 institutionsQ1 2024: 718 institutionsQ2 2024: 760 institutionsQ3 2024: 823 institutionsQ4 2024: 875 institutionsQ1 2025: 911 institutionsQ2 2025: 931 institutionsQ3 2025: 897 institutionsQ4 2025: 890 institutionsQ1 2026: 816 institutionsQ2 2026: 809 institutions
Value heldQ1 2026: $18.2B
Q1 2021: $9.10BQ2 2021: $10.7BQ3 2021: $11.3BQ4 2021: $14.4BQ1 2022: $14.8BQ2 2022: $11.8BQ3 2022: $12.1BQ4 2022: $11.4BQ1 2023: $11.6BQ2 2023: $13.9BQ3 2023: $14.1BQ4 2023: $14.6BQ1 2024: $18.0BQ2 2024: $18.7BQ3 2024: $21.7BQ4 2024: $21.9BQ1 2025: $27.3BQ2 2025: $29.5BQ3 2025: $24.6BQ4 2025: $21.7BQ1 2026: $18.2BQ2 2026: $18.1B
Institutions holding BRO and their total value by quarter
QuarterHoldersValue
Q2 2026809$18.1B
Q1 2026816$18.2B
Q4 2025890$21.7B
Q3 2025897$24.6B
Q2 2025931$29.5B
Q1 2025911$27.3B
Q4 2024875$21.9B
Q3 2024823$21.7B
Q2 2024760$18.7B
Q1 2024718$18.0B
Q4 2023686$14.6B
Q3 2023631$14.1B
Q2 2023607$13.9B
Q1 2023570$11.6B
Q4 2022573$11.4B
Q3 2022568$12.1B
Q2 2022576$11.8B
Q1 2022581$14.8B
Q4 2021553$14.4B
Q3 2021518$11.3B
Q2 2021470$10.7B
Q1 2021458$9.10B

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Brown & Brown, Inc.; share changes are against Q4 2025.

Institutions holding BRO in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
US Bancorp85,656$5.59M0.01%−2,202−2.5%Reduced
Handelsbanken Fonder AB84,234$5.49M0.02%+2,100+2.6%Added
Public Sector Pension Investment Board83,239$5.43M0.02%+8,335+11.1%Added
Public Employees Retirement System of Ohio82,722$5.39M0.02%−4,200−4.8%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.81,749$5.33M0.01%−196,190−70.6%Reduced
Cooper Investors Pty Ltd81,433$5.31M2.16%−11,107−12.0%Reduced
Czech National Bank79,732$5.20M0.03%+2,309+3.0%Added
Arizona State Retirement System78,867$5.14M0.03%−601−0.8%Reduced
BCM Advisors, LLC88,234$5.09M1.00%00.0%Unchanged
State of Michigan Retirement System76,451$4.99M0.03%−400−0.5%Reduced
Mirae Asset Global Investments Co., Ltd.73,801$4.81M0.01%+15,481+26.5%Added
Motley Fool Asset Management LLC73,041$4.76M0.20%−4,432−5.7%Reduced
XTX Topco Ltd71,980$4.69M0.08%+30,242+72.5%Added
La Banque Postale Asset Management SA71,629$4.67M0.06%+71,629New
Wall Street Access Asset Management, LLC42,048$4.66M1.18%+42,048New
Rafferty Asset Management, LLC71,174$4.64M0.02%−18,403−20.5%Reduced
Triad Investment Management70,885$4.62M5.46%+16,763+31.0%Added
PensionDanmark Pensionsforsikringsaktieselskab70,680$4.61M0.04%−9,600−12.0%Reduced
MetLife Investment Management69,620$4.54M0.02%−2,159−3.0%Reduced
Sawgrass Asset Management LLC69,482$4.53M0.68%−1,647−2.3%Reduced
Rockefeller Capital Management L.P.69,323$4.52M0.01%+6,825+10.9%Added
Capital International Inc69,297$4.52M0.03%+4,417+6.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys68,197$4.45M0.02%−101−0.1%Reduced
Guggenheim Capital LLC67,927$4.43M0.04%−3,825−5.3%Reduced
AQR Capital Management LLC66,622$4.34M0.00%−68,713−50.8%Reduced
Fifth Third Bancorp65,788$4.29M0.01%+54,305+472.9%Added
National Bank of Canada64,987$4.24M0.00%−69,738−51.8%Reduced
Parnassus Investments64,113$4.18M0.01%−6,140,616−99.0%Reduced
DnB Asset Management AS62,917$4.10M0.01%+4,929+8.5%Added
FIL Ltd62,312$4.06M0.00%−217,259−77.7%Reduced
Retirement Systems of Alabama62,169$4.05M0.01%−295−0.5%Reduced
Westbourne Investment Advisors, Inc.62,099$4.05M1.18%−1,750−2.7%Reduced
Tower Bridge Advisors61,416$4.00M0.39%−6,554−9.6%Reduced
SEB Asset Management AB59,654$3.89M0.02%+59,654New
Benjamin Edwards Inc59,590$3.89M0.04%+5,982+11.2%Added
Ensign Peak Advisors, Inc58,761$3.83M0.01%+6,477+12.4%Added
Voya Investment Management LLC57,909$3.78M0.00%−43,314−42.8%Reduced
Stonebridge Financial Group, LLC57,441$3.75M0.31%−1,871−3.2%Reduced
MUFG Securities EMEA plc57,425$3.74M0.06%00.0%Unchanged
Y-Intercept (Hong Kong) Ltd56,477$3.68M0.07%−55,448−49.5%Reduced
Allstate Corp56,374$3.68M0.04%+35,192+166.1%Added
Wiley Bros.-Aintree Capital, LLC55,777$3.65M0.02%+10,184+22.3%Added
The PNC Financial Services Group, Inc.55,734$3.63M0.00%+1,741+3.2%Added
Xponance, Inc.54,663$3.56M0.03%+6,709+14.0%Added
Wilson Asset Management (International) Pty Ltd54,440$3.55M1.00%00.0%Unchanged
Amalgamated Bank53,663$3.50M0.03%−1,470−2.7%Reduced
Daiwa Securities Group Inc.52,736$3.44M0.01%+2,603+5.2%Added
Nisa Investment Advisors, LLC52,481$3.42M0.01%−337−0.6%Reduced
Agf Management Ltd52,416$3.42M0.02%+15,478+41.9%Added
Bank of Nova Scotia50,761$3.31M0.01%−21,386−29.6%Reduced
Cambridge Investment Research Advisors, Inc.49,731$3.24M0.01%+20,114+67.9%Added
GWM Advisors LLC49,549$3.23M0.01%−5,601−10.2%Reduced
IFM Investors Pty Ltd49,398$3.22M0.03%−3,221−6.1%Reduced
Southeast Asset Advisors Inc.49,080$3.20M0.35%+397+0.8%Added
CI Private Wealth, LLC47,436$3.08M0.00%−213,521−81.8%Reduced
Utah Retirement Systems46,387$3.02M0.03%−226−0.5%Reduced
Walleye Capital LLC44,825$2.92M0.02%−24,586−35.4%Reduced
Police & Firemen's Retirement System of New Jersey44,495$2.90M0.02%00.0%Unchanged
KBC Group NV44,294$2.89M0.01%−852−1.9%Reduced
JustInvest LLC44,062$2.87M0.03%+11,951+37.2%Added
Park National Corp44,008$2.87M0.09%−667−1.5%Reduced
Leavell Investment Management, Inc.43,491$2.84M0.12%−400−0.9%Reduced
Rakuten Investment Management, Inc.43,321$2.83M0.01%+4,865+12.7%Added
Stephens Inc41,969$2.74M0.03%−2,059−4.7%Reduced
Davidson Kahn Capital Management, LLC41,850$2.73M1.45%+8,560+25.7%Added
NEOS Investment Management LLC41,697$2.72M0.01%+10,483+33.6%Added
Campbell & CO Investment Adviser LLC41,381$2.70M0.15%−13,712−24.9%Reduced
Sumitomo Mitsui DS Asset Management Company, Ltd41,072$2.68M0.02%+1,091+2.7%Added
New York Life Investment Management LLC40,603$2.65M0.02%+409+1.0%Added
British Columbia Investment Management Corp39,998$2.61M0.02%−11,305−22.0%Reduced
Nissay Asset Management Corp39,495$2.58M0.01%+1,136+3.0%Added
Mutual of America Capital Management LLC38,767$2.53M0.03%−505−1.3%Reduced
Coldstream Capital Management Inc38,702$2.52M0.03%+9,451+32.3%Added
Cerity Partners LLC37,771$2.46M0.00%−13,499−26.3%Reduced
Legacy Financial Strategies, LLC36,974$2.41M0.44%+2,762+8.1%Added
Cetera Investment Advisers36,804$2.40M0.00%+311+0.9%Added
Ethic Inc.36,597$2.39M0.04%+13,151+56.1%Added
UniSuper Management Pty Ltd35,981$2.35M0.02%+1,451+4.2%Added
Integrity Financial Corp35,778$2.33M1.16%+10.0%Added
Credit Agricole S A35,728$2.33M0.01%−82,428−69.8%Reduced
Advisory Services Network, LLC35,199$2.30M0.03%−805−2.2%Reduced
O'Shaughnessy Asset Management, LLC35,109$2.29M0.01%−15,805−31.0%Reduced
Crawford Investment Counsel Inc34,379$2.24M0.04%+5,629+19.6%Added
Oregon Public Employees Retirement Fund33,552$2.19M0.03%−100−0.3%Reduced
Summit Trail Advisors, LLC33,487$2.18M0.03%+12,932+62.9%Added
Transcend Wealth Collective, LLC32,921$2.15M0.17%+3,511+11.9%Added
Steward Partners Investment Advisory, LLC32,165$2.10M0.01%+3,897+13.8%Added
Toroso Investments, LLC31,796$2.07M0.01%+12,564+65.3%Added
Prospera Financial Services Inc31,065$2.03M0.03%+8,940+40.4%Added
Jain Global LLC30,958$2.02M0.03%−812,057−96.3%Reduced
Intech Investment Management LLC30,914$2.02M0.02%−20,926−40.4%Reduced
Delta Global Management LP30,835$2.01M0.16%+4,607+17.6%Added
Capital International Sarl30,813$2.01M0.03%+6,543+27.0%Added
OP Asset Management Ltd30,640$2.00M0.02%−2,479−7.5%Reduced
Carnegie Capital Asset Management, LLC30,440$1.98M0.04%+30,440New
HighTower Advisors, LLC30,193$1.97M0.00%+144+0.5%Added
Avanza Fonder AB30,139$1.97M0.05%00.0%Unchanged
Pathstone Holdings, LLC29,610$1.93M0.01%+5,851+24.6%Added
Elser Financial Planning, Inc29,512$1.92M0.09%−21−0.1%Reduced
Empowered Funds, LLC28,905$1.88M0.01%+28,905New