Brown & BrownBRO
13F holders, Q4 2025 (December 31)890holders −6
85new positions
122sold out
9famous investors
$79.66avg. 13F price*
At the end of Q4 2025, 890 institutions reported holding Brown & Brown Inc. (BRO) in their 13F filings, down 6 from Q3 2025. 85 opened new positions and 122 sold out. The largest holders were Vanguard Group Inc. ($3.0B), BlackRock, Inc. ($1.7B) and Capital World Investors ($1.4B). 9 famous investors held it, including Francois Rochon (2.1% of Giverny Capital's portfolio), Jim Simons / Peter Brown (0.1% of Renaissance Technologies's portfolio) and Joel Greenblatt (0.1% of Gotham Asset 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 Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 85 | $602.3M |
| Exits | 122 | $377.6M |
All 13F filers, Q3 2025 → Q4 2025: 26,079,192 shares bought and 23,428,169 shares sold, net +2,651,023 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 890 holders
| Vanguard Group Inc. | 0.04% | Add +0.8% | 37,634,847 | $3.0B |
| BlackRock, Inc. | 0.03% | Add +3.8% | 21,770,945 | $1.7B |
| Capital World Investors | 0.19% | Add +2.3% | 17,886,395 | $1.4B |
| Principal Financial Group Inc. | 0.63% | Reduce -0.3% | 15,362,548 | $1.2B |
| State Street Corp. | 0.04% | Add +2.2% | 13,403,814 | $1.1B |
| FMR LLC | 0.04% | Reduce -11.8% | 10,536,563 | $839.8M |
| Select Equity Group, L.P. | 3.49% | Add +55.3% | 9,434,802 | $752.0M |
| Geode Capital Management, LLC | 0.04% | Add +1.5% | 7,952,957 | $631.5M |
| Norges Bank | 0.06% | — | 6,484,778 | $516.8M |
| Parnassus Investments, LLC | 1.28% | Reduce -9.2% | 6,204,729 | $494.5M |
| Capital International Investors | 0.06% | New | 4,663,165 | $371.7M |
| Morgan Stanley | 0.02% | Reduce -1.6% | 4,620,122 | $368.2M |
| Van Lanschot Kempen Investment Management N.V. | 3.10% | Add +132.8% | 4,538,584 | $361.7M |
| Deutsche Bank AG | 0.10% | Add +53.0% | 3,929,461 | $313.2M |
| Barclays PLC | 0.11% | Add +35.1% | 3,397,991 | $270.8M |
| Royal Bank of Canada | 0.05% | Reduce -30.5% | 3,396,464 | $270.7M |
| Wells Fargo & Company | 0.05% | Reduce -6.1% | 3,009,060 | $239.8M |
| Invesco Ltd. | 0.02% | Add +19.0% | 2,858,421 | $227.8M |
| Allspring Global Investments Holdings, LLC | 0.35% | Add +2.1% | 2,802,327 | $217.5M |
| Bank of America Corp. | 0.01% | Reduce -3.2% | 2,494,762 | $198.8M |
| Northern Trust Corp. | 0.03% | Reduce -5.6% | 2,456,172 | $195.8M |
| JPMorgan Chase & Co. | 0.01% | Add +25.4% | 2,422,970 | $193.1M |
| Goldman Sachs Group Inc. | 0.02% | Add +2.6% | 2,184,733 | $174.1M |
| Fenimore Asset Management Inc | 3.62% | Add +1.3% | 2,183,511 | $174.0M |
| Manufacturers Life Insurance Company, The | 0.14% | Reduce -11.5% | 2,041,737 | $162.7M |
| Madison Asset Management, LLC | 1.82% | Reduce -1.1% | 1,987,110 | $158.4M |
| UBS Group AG | 0.03% | Add +31.8% | 1,972,258 | $157.2M |
| ProShare Advisors LLC | 0.26% | Add +8.8% | 1,849,673 | $147.4M |
| Charles Schwab Investment Management Inc. | 0.02% | Add +2.7% | 1,753,576 | $139.8M |
| Dimensional Fund Advisors LP | 0.03% | Add +9.7% | 1,723,389 | $137.4M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.03% | Reduce -2.5% | 1,490,755 | $118.8M |
| Gobi Capital LLC | 5.68% | Add +30.3% | 1,428,677 | $113.9M |
| Bank of New York Mellon Corp | 0.02% | Reduce -2.2% | 1,389,128 | $110.7M |
| Natixis Advisors, LLC | 0.15% | Add +20.4% | 1,358,086 | $108.2M |
| Tandem Investment Advisors, Inc. | 3.83% | Reduce -6.7% | 1,291,818 | $103.0M |
| Legal & General Group Plc | 0.02% | Reduce -3.4% | 1,112,254 | $88.6M |
| Healthcare of Ontario Pension Plan Trust Fund | 0.15% | Reduce -38.5% | 1,111,607 | $88.6M |
| Kayne Anderson Rudnick Investment Management LLC | 0.24% | Reduce -8.0% | 1,107,903 | $88.3M |
| Champlain Investment Partners, LLC | 0.89% | New | 1,099,310 | $87.6M |
| Caisse de depot et placement du Quebec | 0.15% | Reduce -53.1% | 1,098,158 | $87.5M |
| Renaissance Technologies | 0.13% | Add +8.8% | 1,074,000 | $85.6M |
| Raymond James Financial Inc. | 0.03% | Reduce -7.3% | 1,008,132 | $80.3M |
| Rathbones Group PLC | 0.31% | Add +23.4% | 980,954 | $78.2M |
| Verition Fund Management LLC | 0.42% | Add +19.6% | 928,061 | $74.0M |
| Polar Capital Holdings Plc | 0.34% | Add +37.0% | 925,000 | $73.7M |
| Jain Global LLC | 0.69% | No change | 843,015 | $67.2M |
| Sumitomo Mitsui Trust Group, Inc. | 0.04% | Add +1.5% | 833,045 | $66.4M |
| Chilton Investment Co. Inc. | 1.38% | Reduce -49.2% | 827,866 | $66.0M |
| Swiss National Bank | 0.04% | Reduce -7.3% | 793,600 | $63.2M |
| Nomura Asset Management International Inc. | 0.09% | — | 777,508 | $62.0M |
| Giverny Capital | 2.05% | Add +139.7% | 772,520 | $61.6M |
| Nordea Investment Management AB | 0.05% | Reduce -11.4% | 745,960 | $59.7M |
| Millennium Management | 0.04% | Add +658.5% | 748,610 | $59.7M |
| Royal London Asset Management Ltd. | 0.12% | Reduce -46.3% | 691,574 | $55.1M |
| Storebrand Asset Management As | 0.15% | Add +82.7% | 689,136 | $54.9M |
| Brown Brothers Harriman & Co. | 0.29% | Reduce -14.7% | 672,458 | $53.6M |
| Dundas Partners LLP | 3.74% | Add +5.3% | 666,803 | $53.1M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.04% | Add +4.6% | 671,735 | $52.1M |
| Quantum Capital Management, LLC / NJ | 6.00% | Add +148.2% | 649,855 | $51.8M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -12.4% | 625,105 | $49.8M |
| HSBC Holdings PLC | 0.03% | Add +3.7% | 610,737 | $48.7M |
| BNP Paribas Financial Markets | 0.03% | Add +90.5% | 609,825 | $48.6M |
| California Public Employees Retirement System | 0.03% | Reduce -13.5% | 605,569 | $48.3M |
| Nuveen, LLC | 0.01% | Reduce -8.7% | 600,510 | $47.9M |
| Prana Capital Management, LP | 1.73% | Reduce -36.6% | 596,403 | $47.5M |
| Congress Asset Management Co. | 0.33% | Reduce -13.3% | 580,610 | $46.3M |
| PFA Pension, Forsikringsaktieselskab | 0.13% | — | 576,240 | $46.2M |
| Sei Investments Co. | 0.04% | Add +15.5% | 570,986 | $45.5M |
| Rhumbline Advisers | 0.04% | Reduce -1.3% | 569,029 | $45.4M |
| Amundi | 0.01% | Add +5.0% | 568,106 | $45.3M |
| Schwartz Investment Counsel Inc. | 1.55% | Add +4.3% | 555,400 | $44.3M |
| Snyder Capital Management L P | 0.82% | Reduce -1.3% | 555,292 | $44.3M |
| Clarkston Capital Partners, LLC | 1.02% | Reduce -22.0% | 554,060 | $44.2M |
| Vest Financial, LLC | 0.56% | Add +3.7% | 552,994 | $44.1M |
| T. Rowe Price Associates Inc. | 0.00% | Reduce -22.2% | 527,749 | $42.1M |
| National Pension Service | 0.03% | Add +43.0% | 503,604 | $40.1M |
| Nomura Asset Management Co. Ltd. | 0.10% | Add +6.8% | 503,259 | $40.1M |
| Captrust Financial Advisors | 0.07% | Reduce -4.9% | 485,153 | $38.7M |
| Bank of Montreal | 0.02% | Reduce -21.9% | 467,536 | $37.3M |
| Abn Amro Investment Solutions | 0.55% | Add +6.4% | 461,567 | $36.8M |
| EULAV Asset Management | 0.95% | No change | 444,900 | $35.5M |
| CIBC Asset Management Inc | 0.08% | Add +459.7% | 432,392 | $34.4M |
| Osterweis Capital Management Inc. | 1.94% | Add +0.5% | 425,746 | $33.9M |
| Mitsubishi UFJ Trust & Banking Corp | 0.08% | Reduce -23.4% | 422,384 | $33.7M |
| Confluence Investment Management LLC | 0.49% | Add +38.5% | 413,319 | $32.9M |
| Citigroup Inc. | 0.02% | Add +63.2% | 412,979 | $32.9M |
| TimesSquare Capital Management, LLC | 0.49% | Reduce -16.3% | 409,702 | $32.7M |
| Local Pensions Partnership Investment Ltd | 0.57% | Add +4.4% | 406,000 | $32.4M |
| DF Dent & Co. Inc. | 0.44% | Add +35.5% | 386,955 | $30.8M |
| Barr E S & Co. | 1.50% | Add +19.0% | 362,669 | $28.9M |
| California State Teachers Retirement System | 0.03% | Reduce -13.0% | 348,673 | $27.8M |
| Russell Investments Group, Ltd. | 0.03% | Add +13.3% | 318,440 | $25.4M |
| PhiloSmith Capital Corp | 6.96% | Add +8.6% | 317,450 | $25.3M |
| Squarepoint Ops LLC | 0.05% | Reduce -1.2% | 312,779 | $24.9M |
| Alliancebernstein L.P. | 0.01% | Add +5.7% | 308,834 | $24.6M |
| Cresset Asset Management, LLC | 0.10% | Reduce -0.1% | 308,555 | $24.6M |
| Gotham Asset Management | 0.09% | Reduce -39.4% | 300,530 | $24.0M |
| Stifel Financial Corp. | 0.02% | Reduce -3.7% | 297,133 | $23.7M |
| DekaBank Deutsche Girozentrale | 0.04% | No change | 260,347 | $23.3M |
| Cortland Associates Inc. | 2.91% | New | 289,445 | $23.1M |
"% of holder's portfolio" is BRO's weight in each manager's 13F, not the share of Brown & Brown Inc. the manager owns.