Brown & BrownBRO
13F holders, Q1 2025 (March 31)At the end of Q1 2025, 910 institutions reported holding Brown & Brown Inc. (BRO) in their 13F filings, up 37 from Q4 2024. 120 opened new positions and 82 sold out. The largest holders were Vanguard Group Inc. ($3.8B), BlackRock, Inc. ($2.3B) and Principal Financial Group Inc. ($1.6B). 7 famous investors held it, including Francois Rochon (1.4% of Giverny Capital's portfolio), Joel Greenblatt (0.2% of Gotham Asset Management's portfolio) and Israel Englander (0.1% of Millennium Management's portfolio).
- Company
- Brown & Brown Inc.
- Sector
- Finance
- CUSIP
- 115236101
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 120 | $1.1B |
| Exits | 82 | $190.1M |
All 13F filers, Q4 2024 → Q1 2025: 21,622,413 shares bought and 14,384,756 shares sold, net +7,237,657 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 910 holders
| Vanguard Group Inc. | 0.07% | Add +1.9% | 30,501,119 | $3.8B |
| BlackRock, Inc. | 0.05% | Reduce -1.5% | 18,389,672 | $2.3B |
| Principal Financial Group Inc. | 0.90% | Add +0.3% | 12,940,046 | $1.6B |
| State Street Corp. | 0.06% | Add +0.4% | 11,198,682 | $1.4B |
| Capital World Investors | 0.17% | Add +97.0% | 8,264,954 | $1.0B |
| Morgan Stanley | 0.07% | Reduce -13.7% | 7,402,530 | $920.9M |
| Parnassus Investments, LLC | 2.16% | New | 7,227,805 | $899.1M |
| Geode Capital Management, LLC | 0.06% | Add +3.6% | 6,319,226 | $783.7M |
| Select Equity Group, L.P. | 3.48% | Reduce -21.4% | 6,274,372 | $780.5M |
| Invesco Ltd. | 0.10% | Add +8.3% | 4,120,135 | $512.5M |
| Allspring Global Investments Holdings, LLC | 0.80% | Reduce -5.5% | 3,706,927 | $460.1M |
| Wells Fargo & Company | 0.10% | Add +0.5% | 3,251,650 | $404.5M |
| Norges Bank | 0.05% | Add +0.7% | 3,094,631 | $385.0M |
| Royal Bank of Canada | 0.09% | Add +6.3% | 3,063,741 | $381.1M |
| Barclays PLC | 0.14% | Add +5.6% | 2,383,584 | $296.5M |
| Manufacturers Life Insurance Company, The | 0.28% | Reduce -1.2% | 2,380,723 | $296.2M |
| Northern Trust Corp. | 0.04% | Add +1.4% | 2,353,376 | $292.8M |
| Bank of America Corp. | 0.03% | Add +15.4% | 2,313,431 | $287.8M |
| Fenimore Asset Management Inc | 5.65% | Reduce -6.7% | 2,144,293 | $266.7M |
| Madison Asset Management, LLC | 2.86% | Add +6.2% | 2,060,954 | $256.4M |
| Goldman Sachs Group Inc. | 0.05% | Reduce -11.7% | 2,006,096 | $249.6M |
| First Eagle Investment Management, LLC | 0.50% | Add +0.4% | 1,921,699 | $239.1M |
| Royal London Asset Management Ltd. | 0.51% | Reduce -2.2% | 1,729,576 | $215.2M |
| ProShare Advisors LLC | 0.47% | Reduce -9.7% | 1,667,543 | $207.4M |
| Kayne Anderson Rudnick Investment Management LLC | 0.49% | Add +0.6% | 1,620,536 | $201.6M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.05% | Add +1.3% | 1,585,840 | $197.3M |
| Dimensional Fund Advisors LP | 0.05% | Reduce -1.8% | 1,535,805 | $191.0M |
| Charles Schwab Investment Management Inc. | 0.03% | Add +1.3% | 1,374,678 | $171.0M |
| Bank of New York Mellon Corp | 0.03% | Reduce -3.5% | 1,328,262 | $165.2M |
| Handelsbanken Fonder AB | 0.67% | Add +172.5% | 1,314,434 | $163.5M |
| CIBC Private Wealth Group LLC | 0.33% | Add +1.0% | 1,405,429 | $158.0M |
| TrinityBridge Ltd | 4.50% | Reduce -8.0% | 1,257,688 | $156.5M |
| UBS Group AG | 0.03% | Reduce -10.9% | 1,244,253 | $154.8M |
| Raymond James Financial Inc. | 0.05% | Add +66.0% | 1,169,936 | $145.5M |
| Legal & General Group Plc | 0.04% | Add +1.6% | 1,121,860 | $139.6M |
| Congress Asset Management Co. | 1.03% | Reduce -12.9% | 1,110,721 | $138.2M |
| Chilton Investment Co. Inc. | 3.30% | Add +5.3% | 1,086,607 | $135.2M |
| California Public Employees Retirement System | 0.09% | Reduce -2.9% | 1,071,011 | $133.2M |
| Gobi Capital LLC | 7.55% | Reduce -1.0% | 1,065,937 | $132.6M |
| Deutsche Bank AG | 0.05% | Reduce -28.2% | 1,028,081 | $127.9M |
| Natixis Advisors, LLC | 0.22% | Add +13.8% | 958,273 | $119.2M |
| Clarkston Capital Partners, LLC | 2.33% | Add +0.3% | 950,710 | $118.3M |
| Envestnet Asset Management Inc. | 0.03% | Add +6.2% | 801,194 | $99.7M |
| JPMorgan Chase & Co. | 0.01% | Add +11.5% | 799,471 | $99.5M |
| Macquarie Group Ltd. | 0.12% | Reduce -5.5% | 764,725 | $95.1M |
| Tandem Investment Advisors, Inc. | 3.32% | Add +2.5% | 764,709 | $95.1M |
| Storebrand Asset Management As | 0.30% | Reduce -48.2% | 737,323 | $91.7M |
| Swiss National Bank | 0.06% | Add +0.1% | 685,500 | $85.3M |
| T. Rowe Price Associates Inc. | 0.01% | Reduce -1.2% | 676,839 | $84.2M |
| First Trust Advisors LP | 0.07% | Reduce -72.1% | 656,167 | $81.6M |
| Captrust Financial Advisors | 0.20% | Add +782.9% | 650,098 | $80.9M |
| Millennium Management | 0.08% | Add +3.5% | 649,852 | $80.8M |
| Brown Brothers Harriman & Co. | 0.56% | Add +10.9% | 640,661 | $79.7M |
| Nordea Investment Management AB | 0.08% | Add +2842.4% | 639,864 | $79.4M |
| Assenagon Asset Management S.A. | 0.14% | Add +125.8% | 628,690 | $78.2M |
| FIL Ltd | 0.07% | Add +15.0% | 619,358 | $77.0M |
| Sei Investments Co. | 0.10% | Add +61.0% | 603,482 | $75.1M |
| Nuveen, LLC | 0.02% | — | 585,971 | $72.9M |
| Sumitomo Mitsui Trust Group, Inc. | 0.05% | Add +0.9% | 582,811 | $72.5M |
| Ameriprise Financial Inc. | 0.02% | Reduce -4.9% | 559,991 | $69.7M |
| Snyder Capital Management L P | 1.50% | Reduce -2.1% | 551,133 | $68.6M |
| Worldquant Millennium Advisors LLC | 0.42% | Add +74.3% | 537,532 | $66.9M |
| FMR LLC | 0.00% | Reduce -10.5% | 534,246 | $66.5M |
| Vest Financial, LLC | 1.03% | Reduce -1.4% | 533,273 | $66.3M |
| Bank of Montreal | 0.04% | Add +40.4% | 532,240 | $66.2M |
| Mitsubishi UFJ Trust & Banking Corp | 0.17% | Add +63.7% | 530,887 | $66.0M |
| Schwartz Investment Counsel Inc. | 2.22% | No change | 519,150 | $64.6M |
| Rhumbline Advisers | 0.06% | Add +0.1% | 513,570 | $63.9M |
| Dundas Partners LLP | 4.61% | No change | 503,111 | $62.6M |
| Confluence Investment Management LLC | 0.88% | Reduce -5.9% | 493,525 | $61.4M |
| HSBC Holdings PLC | 0.04% | Reduce -11.2% | 490,293 | $60.8M |
| Abn Amro Investment Solutions | 1.23% | New | 473,219 | $58.9M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.05% | Add +8.6% | 471,023 | $58.6M |
| EULAV Asset Management | 1.37% | Add +3.3% | 444,900 | $55.3M |
| Nomura Asset Management Co. Ltd. | 0.16% | Reduce -3.2% | 427,448 | $53.2M |
| Polar Capital Holdings Plc | 0.32% | Add +3.0% | 425,000 | $52.9M |
| Corient Private Wealth LP | 0.09% | Add +3.0% | 424,112 | $52.8M |
| Rathbones Group PLC | 0.24% | Add +47.5% | 406,379 | $50.6M |
| Cookson Peirce & Co. Inc. | 2.50% | Reduce -1.8% | 400,113 | $49.8M |
| TimesSquare Capital Management, LLC | 0.72% | Reduce -8.4% | 358,962 | $44.7M |
| Danske Bank A/S | 0.14% | Add +70.3% | 358,108 | $44.5M |
| Stifel Financial Corp. | 0.05% | Reduce -4.1% | 357,649 | $44.5M |
| California State Teachers Retirement System | 0.05% | Reduce -1.0% | 343,657 | $42.8M |
| Pictet Asset Management Holding SA | 0.05% | Add +5.9% | 343,108 | $42.7M |
| National Pension Service | 0.04% | Add +0.4% | 341,513 | $42.5M |
| Victory Capital Management Inc. | 0.04% | Add +6.5% | 324,055 | $40.3M |
| Renaissance Group LLC | 1.76% | New | 320,889 | $39.9M |
| BNP Paribas Financial Markets | 0.03% | Reduce -21.6% | 316,372 | $39.4M |
| Port Capital LLC | 1.78% | Add +31.4% | 315,815 | $39.3M |
| Amundi | 0.01% | Reduce -53.6% | 314,762 | $39.2M |
| Ferguson Wellman Capital Management, Inc. | 0.75% | Add +2.5% | 312,116 | $38.8M |
| Cresset Asset Management, LLC | 0.19% | Reduce -5.3% | 311,986 | $38.8M |
| Visualize Group LP | 12.54% | Add +83.0% | 305,991 | $38.1M |
| APG Asset Management N.V. | 0.12% | Reduce -14.8% | 325,655 | $37.5M |
| Osterweis Capital Management Inc. | 2.53% | Reduce -2.6% | 300,979 | $37.4M |
| Vancity Investment Management Ltd | 5.08% | — | 297,938 | $37.1M |
| Giverny Capital | 1.35% | Reduce -0.1% | 294,603 | $36.6M |
| Neuberger Berman Group LLC | 0.03% | Add +221.0% | 289,704 | $36.0M |
| Intech Investment Management LLC | 0.37% | Reduce -40.8% | 287,115 | $35.7M |
| Allianz Asset Management GmbH | 0.05% | Reduce -32.3% | 286,452 | $35.6M |
"% of holder's portfolio" is BRO's weight in each manager's 13F, not the share of Brown & Brown Inc. the manager owns.