Who Owns Brown & Brown, Inc. (BRO)?Hedge Fund & Institutional Holders

$68.26+0.82 (+1.21%)Financial ServicesNYSE

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$InfinityT

% of Float Held

Infinity%

QoQ Change in Holders

+11 / -1

Price History

$67.02$81.37$95.72$110.08$124.43Sep 24Jun 25Mar 26

BRO — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
PRINCIPAL FINANCIAL GROUP INCNew Position+15.4M+$1.2T
PARNASSUS INVESTMENTS, LLCNew Position+6.2M+$494.5B
FENIMORE ASSET MANAGEMENT INCNew Position+2.2M+$174.0B
Champlain Investment Partners, LLCNew Position+1.1M+$87.6B
DEUTSCHE BANK AG\Increased+1.4M+$68.2B
Sumitomo Mitsui Trust Group, Inc.New Position+833K+$66.4B
NORDEA INVESTMENT MANAGEMENT ABNew Position+746K+$59.7B
MILLENNIUM MANAGEMENT LLCIncreased+650K+$49.7B
SCHWARTZ INVESTMENT COUNSEL INCNew Position+555K+$44.3B
EULAV Asset ManagementNew Position+445K+$35.0B
CIBC Asset Management IncNew Position+432K+$34.0B
Mitsubishi UFJ Trust & Banking CorpNew Position+422K+$33.7B
BARCLAYS PLCIncreased+883K+$31.1B
Giverny Capital Inc.Increased+450K+$30.8B
PhiloSmith Capital CorpNew Position+317K+$25.3B

BRO — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
ROYAL BANK OF CANADADecreased-1.5M-$192.4B
Boston PartnersDecreased-1.6M-$147.9B
CAISSE DE DEPOT ET PLACEMENT DU QUEBECDecreased-1.2M-$132.4B
AQR CAPITAL MANAGEMENT LLCDecreased-1.1M-$103.0B
Local Pensions Partnership Investment LtdDecreased-813K-$97.5B
CHILTON INVESTMENT CO INC.Decreased-803K-$87.9B
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUNDDecreased-697K-$81.7B
MACQUARIE GROUP LTDDecreased-794K-$76.4B
Burkehill Global Management, LPClosed Position-750K-$70.3B
ROYAL LONDON ASSET MANAGEMENT LTDDecreased-597K-$65.9B
WELLS FARGO & COMPANY/MNDecreased-196K-$62.6B
DANSKE BANK A/SDecreased-426K-$58.4B
MANUFACTURERS LIFE INSURANCE COMPANY, THEDecreased-266K-$54.4B
NORTHERN TRUST CORPDecreased-146K-$53.1B
CAPTRUST FINANCIAL ADVISORSDecreased-25K-$47.8B

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1Capital World Investors17,886,395$1.4T0.19%Share
2PRINCIPAL FINANCIAL GROUP INC14,642,710$1.2T0.60%Share
3PARNASSUS INVESTMENTS, LLC6,204,729$494.5B1.28%Share
4FMR LLC4,933,491$393.0B0.02%Share
5FMR LLC3,816,310$304.0B0.02%Share
6DEUTSCHE BANK AG\3,162,877$252.0B0.08%Share
7ROYAL BANK OF CANADA2,541,106$202.0B0.03%Share
8Invesco Ltd.2,379,726$189.7B0.03%Share
9JPMORGAN CHASE & CO2,234,896$178.0B0.01%Share
10FENIMORE ASSET MANAGEMENT INC2,183,511$174.0B3.62%Share
11MANUFACTURERS LIFE INSURANCE COMPANY, THE2,041,737$162.0B0.13%Share
12Madison Asset Management, LLC1,987,110$158.4B1.82%Share
13NORTHERN TRUST CORP1,944,582$154.0B0.02%Share
14BARCLAYS PLC1,941,721$154.0B0.04%Share
15UBS Group AG1,901,254$151.5B0.02%Share
16GOLDMAN SACHS GROUP INC1,830,633$145.0B0.02%Share
17WELLS FARGO & COMPANY/MN1,817,579$144.0B0.03%Share
18CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,753,576$139.0B0.02%Share
19FMR LLC1,531,174$122.0B0.01%Share
20GOBI CAPITAL LLC1,428,677$113.9B5.52%Share
21DIMENSIONAL FUND ADVISORS LP1,303,917$103.0B0.02%Share
22WELLS FARGO & COMPANY/MN1,142,946$91.0B0.02%Share
23HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND1,111,607$88.0B0.15%Share
24Champlain Investment Partners, LLC1,099,310$87.6B0.89%Share
25CAISSE DE DEPOT ET PLACEMENT DU QUEBEC1,098,158$87.0B0.15%Share
26RENAISSANCE TECHNOLOGIES LLC1,074,000$85.0B0.13%Share
27Polar Capital Holdings Plc925,000$73.0B0.28%Share
28RAYMOND JAMES FINANCIAL INC898,445$71.0B0.02%Share
29Jain Global LLC843,015$67.0B0.32%Share
30Sumitomo Mitsui Trust Group, Inc.833,045$66.4B0.04%Share
31CHILTON INVESTMENT CO INC.827,866$65.0B1.36%Share
32BANK OF AMERICA CORP /DE/796,113$63.0B0.00%Share
33Swiss National Bank793,600$63.0B0.04%Share
34Giverny Capital Inc.772,520$61.0B2.04%Share
35BANK OF AMERICA CORP /DE/742,799$59.0B0.00%Share
36MILLENNIUM MANAGEMENT LLC748,610$59.0B0.02%Share
37PRINCIPAL FINANCIAL GROUP INC712,085$56.8B0.03%Share
38ROYAL LONDON ASSET MANAGEMENT LTD691,574$55.0B0.12%Share
39BROWN BROTHERS HARRIMAN & CO672,458$53.0B0.29%Share
40Dundas Partners LLP666,803$53.0B3.73%Share
41DEUTSCHE BANK AG\612,198$48.0B0.02%Share
42CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM605,569$48.0B0.03%Share
43Prana Capital Management, LP596,403$47.5B1.72%Share
44CONGRESS ASSET MANAGEMENT CO580,610$46.3B0.33%Share
45RHUMBLINE ADVISERS569,029$45.0B0.04%Share
46SCHWARTZ INVESTMENT COUNSEL INC555,400$44.3B1.55%Share
47SNYDER CAPITAL MANAGEMENT L P555,292$44.3B0.82%Share
48KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC554,458$44.2B0.12%Share
49Clarkston Capital Partners, LLC554,060$44.2B1.02%Share
50KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC553,445$44.1B0.12%Share

BRO Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 2025864$10.6T+321
Q3 2025543$10.0T-264
Q2 2025807$13.7T-76
Q1 2025883$18.6T+134
Q4 2024749$91.8T+140
Q3 2024609$646.2T+55
Q2 2024554$856.3T+40
Q1 2024514$885.9T—

Similar Stocks by Institutional Ownership

1306.T

NEXT FUNDS TOPIX Exchange Traded Fund

152100.KS

PLUS 200

102780.KS

Kodex Samsung Group

1591.T

NEXT FUNDS JPX-Nikkei Index 400 Exchange Traded Fund

VOO

Vanguard S&P 500 ETF

OAKI

Oakmark International Large Cap ETF

BCTK

Baron Technology ETF

JPM

JPMorgan Chase & Co.

As of Q4 2025, 50 institutional investors hold BRO (Brown & Brown, Inc.). The largest holder is Capital World Investors with $1.4T in shares. This quarter, 11 institutions opened new positions and 1 closed their positions.

Frequently Asked Questions

How many hedge funds own BRO?

As of Q4 2025, 50 institutional investors report holding BRO (Brown & Brown, Inc.) in their 13F filings.

Who is the largest institutional holder of BRO?

The largest institutional holder of BRO is Capital World Investors with $1.4T in shares.

Is institutional ownership of BRO increasing or decreasing?

This quarter, 11 institutions opened new positions in BRO and 1 closed their positions.