BROWN & BROWN, INC. (BRO) — Institutional Holders, Q2 2026

814 institutional investment managers reported a BRO position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $18.0B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← BRO stock profile

BRO in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

115

Added to

318

Trimmed

275

Sold out

124

Biggest buyers

Orbis Allan Gray LtdNew · +5,371,080 sh+$344.6M
First Eagle Investment ManagementAdded · +2,904,352 sh+$186.3M
FMRAdded · +2,355,053 sh+$151.1M
GOLDMAN SACHS GROUPAdded · +1,356,430 sh+$87.0M
AQR CAPITAL MANAGEMENTAdded · +897,155 sh+$57.6M

Biggest sellers

Select Equity Group, L.P.Trimmed · -3,129,623 sh-$200.8M
BARCLAYS PLCTrimmed · -2,908,842 sh-$186.6M
Allspring Global InvestmentsTrimmed · -2,526,044 sh-$162.0M
Capital World InvestorsTrimmed · -2,028,007 sh-$130.1M
Capital International InvestorsTrimmed · -1,808,172 sh-$116.0M

BRO 13F holders ranked 1–100 of 814

Institutional investors reporting a position in BROWN & BROWN, INC. on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 22,113,344 sh	22,113,344	$1.4B	0.02%	+0.9%
2	VANGUARD CAPITAL MANAGEMENT#2 · 18,941,212 sh	18,941,212	$1.2B	0.03%	+0.1%
3	FMR#3 · 18,405,749 sh	18,405,749	$1.2B	0.05%	+14.7%
4	PRINCIPAL FINANCIAL GROUP#4 · 15,721,830 sh	15,721,830	$1.0B	0.50%	+0.7%
5	VANGUARD PORTFOLIO MANAGEMENT#5 · 14,631,444 sh	14,631,444	$938.6M	0.04%	+0.3%
6	STATE STREET#6 · 14,514,119 sh	14,514,119	$931.1M	0.03%	+5.4%
7	Capital World Investors#7 · 14,465,915 sh	14,465,915	$928.0M	0.11%	-12.3%
8	First Eagle Investment Management#8 · 11,727,514 sh	11,727,514	$752.3M	1.26%	+32.9%
9	GEODE CAPITAL MANAGEMENT#9 · 8,230,737 sh	8,230,737	$526.0M	0.03%	+1.1%
10	VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V.#10 · 6,709,042 sh	6,709,042	$430.4M	3.29%	+14.3%
11	Orbis Allan Gray Ltd#11 · 5,371,080 sh	5,371,080	$344.6M	1.18%	New
12	Select Equity Group, L.P.#12 · 4,892,500 sh	4,892,500	$313.9M	1.55%	-39.0%
13	NORGES BANK#13 · 4,396,401 sh	4,396,401	$282.0M	0.03%	—
14	DEUTSCHE BANK AG\#14 · 4,161,199 sh	4,161,199	$266.9M	0.08%	-1.0%
15	Invesco Ltd.#15 · 4,098,277 sh	4,098,277	$262.9M	0.02%	+17.7%
16	Capital Research Global Investors#16 · 3,913,022 sh	3,913,022	$251.0M	0.04%	+0.5%
17	MORGAN STANLEY#17 · 3,869,724 sh	3,869,724	$248.2M	0.01%	+19.3%
18	GOLDMAN SACHS GROUP#18 · 3,637,032 sh	3,637,032	$233.3M	0.02%	+59.5%
19	BANK OF AMERICA#19 · 3,554,971 sh	3,554,971	$228.1M	0.01%	-1.9%
20	ROYAL BANK OF CANADA#20 · 3,471,860 sh	3,471,860	$222.7M	0.03%	-2.7%
21	JPMORGAN CHASE#21 · 3,097,240 sh	3,097,240	$198.1M	0.01%	-1.3%
22	WELLS FARGO & COMPANY#22 · 2,641,788 sh	2,641,788	$169.5M	0.03%	-11.9%
23	NORTHERN#23 · 2,469,722 sh	2,469,722	$158.4M	0.02%	+0.9%
24	ProShare Advisors#24 · 2,406,478 sh	2,406,478	$154.4M	0.22%	+10.0%
25	FENIMORE ASSET MANAGEMENT#25 · 2,243,843 sh	2,243,843	$143.9M	—	+0.9%
26	MASSACHUSETTS FINANCIAL SERVICES#26 · 2,169,415 sh	2,169,415	$139.2M	0.04%	+41.1%
27	Madison Asset Management#27 · 2,161,022 sh	2,161,022	$138.6M	1.65%	-6.4%
28	TWO SIGMA INVESTMENTS#28 · 1,993,822 sh	1,993,822	$127.9M	0.09%	+71.1%
29	NATIXIS ADVISORS#29 · 1,906,350 sh	1,906,350	$122.3M	0.14%	+7.7%
30	CHARLES SCHWAB INVESTMENT MANAGEMENT#30 · 1,898,071 sh	1,898,071	$121.8M	0.02%	+3.9%
31	JONES FINANCIAL COMPANIES LLLP#31 · 1,795,003 sh	1,795,003	$115.3M	0.05%	+5.1%
32	GOBI CAPITAL#32 · 1,780,046 sh	1,780,046	$114.2M	5.36%	+9.8%
33	Polar Capital Plc#33 · 1,725,000 sh	1,725,000	$110.7M	0.26%	+19.8%
34	UBS Group AG#34 · 1,691,851 sh	1,691,851	$108.5M	0.01%	-8.8%
35	DIMENSIONAL FUND ADVISORS#35 · 1,660,686 sh	1,660,686	$106.5M	0.02%	-2.9%
36	VANGUARD FIDUCIARY#36 · 1,634,644 sh	1,634,644	$104.9M	0.02%	-0.7%
37	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#37 · 1,487,718 sh	1,487,718	$95.4M	0.02%	-1.7%
38	Bank of New York Mellon#38 · 1,380,970 sh	1,380,970	$88.6M	0.01%	-0.7%
39	Gotham Asset Management#39 · 1,218,762 sh	1,218,762	$78.2M	0.18%	+139.0%
40	Legal & General Group Plc#40 · 1,077,023 sh	1,077,023	$69.1M	0.01%	-3.1%
41	AQR CAPITAL MANAGEMENT#41 · 963,777 sh	963,777	$61.1M	0.02%	+1346.6%
42	STOREBRAND ASSET MANAGEMENT AS#42 · 936,445 sh	936,445	$60.1M	0.15%	-1.0%
43	RENAISSANCE TECHNOLOGIES#43 · 904,200 sh	904,200	$58.0M	0.08%	-42.6%
44	Quantum Capital Management, / NJ#44 · 903,253 sh	903,253	$57.9M	7.27%	+40.8%
45	Tandem Investment Advisors#45 · 889,649 sh	889,649	$57.1M	3.82%	-24.9%
46	CITIGROUP#46 · 861,844 sh	861,844	$55.3M	0.02%	+16.4%
47	BARR E S#47 · 817,719 sh	817,719	$52.5M	2.94%	-0.3%
48	Swiss National Bank#48 · 814,000 sh	814,000	$52.2M	0.03%	-4.4%
49	Capital International Investors#49 · 802,328 sh	802,328	$51.5M	0.01%	-69.3%
50	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#50 · 788,856 sh	788,856	$50.6M	0.02%	+7930.7%
51	BARCLAYS PLC#51 · 770,928 sh	770,928	$49.5M	<0.01%	-79.0%
52	Mitsubishi UFJ Asset Management , Ltd.#52 · 760,695 sh	760,695	$48.8M	0.03%	+7.0%
53	FIRST ADVISORS#53 · 756,859 sh	756,859	$48.6M	0.03%	+6803.1%
54	Giverny Capital#54 · 753,288 sh	753,288	$48.3M	1.62%	-0.3%
55	Sumitomo Mitsui#55 · 728,866 sh	728,866	$46.8M	0.03%	+2.5%
56	Vest Financial#56 · 704,257 sh	704,257	$45.2M	—	+6.2%
57	ROYAL LONDON ASSET MANAGEMENT LTD#57 · 676,282 sh	676,282	$43.4M	0.08%	-3.2%
58	CITADEL ADVISORS#58 · 675,291 sh	675,291	$43.3M	<0.01%	-31.6%
59	SG Americas Securities#59 · 673,809 sh	673,809	$43.2M	0.02%	+102.8%
60	NORDEA INVESTMENT MANAGEMENT AB#60 · 677,450 sh	677,450	$42.5M	0.03%	-5.6%
61	SCHWARTZ INVESTMENT COUNSEL#61 · 658,650 sh	658,650	$42.3M	—	+18.6%
62	HSBC PLC#62 · 652,326 sh	652,326	$41.7M	0.02%	+13.2%
63	NOMURA ASSET MANAGEMENT INTERNATIONAL#63 · 647,583 sh	647,583	$41.5M	0.06%	-8.3%
64	Amundi#64 · 646,239 sh	646,239	$41.5M	0.01%	+9.1%
65	NOMURA ASSET MANAGEMENT LTD#65 · 643,619 sh	643,619	$41.3M	0.09%	+10.2%
66	Vanguard Global Advisers#66 · 636,823 sh	636,823	$40.9M	0.02%	-0.5%
67	Dundas Partners LLP#67 · 610,267 sh	610,267	$39.1M	2.83%	-7.5%
68	Nuveen#68 · 583,205 sh	583,205	$37.4M	<0.01%	-4.0%
69	VANGUARD ASSET MANAGEMENT, Ltd#69 · 574,214 sh	574,214	$36.8M	0.02%	+13.4%
70	RHUMBLINE ADVISERS#70 · 571,991 sh	571,991	$36.7M	0.03%	-0.3%
71	PRICE T ROWE ASSOCIATES#71 · 543,172 sh	543,172	$34.8M	<0.01%	-5.2%
72	SNYDER CAPITAL MANAGEMENT L P#72 · 531,747 sh	531,747	$34.1M	0.59%	-2.9%
73	RAYMOND JAMES FINANCIAL#73 · 519,257 sh	519,257	$33.3M	<0.01%	-39.3%
74	CAPITOLIS LIQUID GLOBAL MARKETS#74 · 503,318 sh	503,318	$32.3M	0.14%	New
75	BROWN BROTHERS HARRIMAN#75 · 484,058 sh	484,058	$31.1M	0.14%	-27.1%
76	BNP PARIBAS FINANCIAL MARKETS#76 · 481,268 sh	481,268	$30.9M	0.01%	-3.4%
77	ENVESTNET ASSET MANAGEMENT#77 · 464,414 sh	464,414	$29.8M	<0.01%	-11.0%
78	EULAV Asset Management#78 · 444,900 sh	444,900	$28.5M	—	0.0%
79	ABSHER WEALTH MANAGEMENT#79 · 418,399 sh	418,399	$26.8M	3.06%	New
80	CAPTRUST FINANCIAL ADVISORS#80 · 416,244 sh	416,244	$26.7M	0.04%	-6.0%
81	Clarkston Capital Partners#81 · 395,886 sh	395,886	$25.4M	2.14%	-4.6%
82	KEYBANK NATIONAL ASSOCIATION#82 · 386,186 sh	386,186	$24.8M	0.08%	+28.6%
83	CONFLUENCE INVESTMENT MANAGEMENT#83 · 386,030 sh	386,030	$24.8M	—	-4.6%
84	PhiloSmith Capital#84 · 376,250 sh	376,250	$24.1M	—	+8.3%
85	STIFEL FINANCIAL#85 · 374,725 sh	374,725	$24.0M	0.02%	+4.9%
86	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#86 · 364,827 sh	364,827	$23.4M	0.01%	-28.9%
87	TimesSquare Capital Management#87 · 347,624 sh	347,624	$22.3M	0.33%	-13.5%
88	Cresset Asset Management#88 · 346,609 sh	346,609	$22.2M	0.08%	+2.7%
89	FULLER & THALER ASSET MANAGEMENT#89 · 345,739 sh	345,739	$22.2M	0.06%	+26.3%
90	ALLIANCEBERNSTEIN L.P.#90 · 336,895 sh	336,895	$22.0M	<0.01%	+13.6%
91	Creative Planning#91 · 327,626 sh	327,626	$21.0M	0.01%	+84.8%
92	Local Pensions Partnership Investment Ltd#92 · 326,000 sh	326,000	$20.9M	—	-19.7%
93	Woodline Partners#93 · 319,138 sh	319,138	$20.5M	0.06%	+5496.9%
94	Artisan Partners Limited Partnership#94 · 305,217 sh	305,217	$19.6M	0.03%	-39.8%
95	Champlain Investment Partners#95 · 295,680 sh	295,680	$19.0M	0.49%	-69.5%
96	Mitsubishi UFJ & Banking#96 · 292,906 sh	292,906	$18.8M	0.04%	-33.1%
97	Assenagon Asset Management S.A.#97 · 289,013 sh	289,013	$18.5M	—	+6588.6%
98	State of Tennessee, Treasury Department#98 · 288,259 sh	288,259	$18.5M	0.05%	+42.3%
99	EXCHANGE TRADED CONCEPTS#99 · 284,328 sh	284,328	$18.2M	0.08%	+115.2%
100	APG Asset Management N.V.#100 · 313,231 sh	313,231	$17.6M	0.04%	+17.6%

Funds that sold out of BRO in Q2 2026 (124)

Held BRO at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held BRO in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
Verition Fund Management1,087,074 sh	1,087,074	$70.9M
OSTERWEIS CAPITAL MANAGEMENT397,311 sh	397,311	$25.9M
SPEECE THORSON CAPITAL GROUP144,149 sh	144,149	$9.4M
FORA Capital143,923 sh	143,923	$9.4M
ExodusPoint Capital Management137,499 sh	137,499	$9.0M
Motley Fool Wealth Management126,766 sh	126,766	$8.3M
Tredje AP-fonden117,770 sh	117,770	$7.7M
Sciencast Management97,049 sh	97,049	$6.3M
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC89,986 sh	89,986	$5.9M
COOPER INVESTORS PTY LTD81,433 sh	81,433	$5.3M
XTX Topco Ltd71,980 sh	71,980	$4.7M
LBP AM SA71,629 sh	71,629	$4.7M
SAWGRASS ASSET MANAGEMENT69,482 sh	69,482	$4.5M
PARNASSUS INVESTMENTS64,113 sh	64,113	$4.2M
Westbourne Investment Advisors62,099 sh	62,099	$4.0M
Y-Intercept (Hong Kong) Ltd56,477 sh	56,477	$3.7M
WILSON ASSET MANAGEMENT (INTERNATIONAL) PTY LTD54,440 sh	54,440	$3.6M
Jain Global30,958 sh	30,958	$2.0M
M Securities31,307 sh	31,307	$1.7M
Boston Partners19,180 sh	19,180	$1.3M
Quantitative Investment Management18,656 sh	18,656	$1.2M
AXQ CAPITAL18,249 sh	18,249	$1.2M
AIGEN INVESTMENT MANAGEMENT17,278 sh	17,278	$1.1M
Roundview Capital16,643 sh	16,643	$1.1M
CVFG15,494 sh	15,494	$1.0M
TWO SIGMA SECURITIES14,044 sh	14,044	$915.8K
AG2R LA MONDIALE GESTION D'ACTIFS13,815 sh	13,815	$900.9K
ING GROEP NV13,297 sh	13,297	$867.1K
OCCUDO QUANTITATIVE STRATEGIES12,975 sh	12,975	$780.4K
Benchmark Investment Advisors11,377 sh	11,377	$741.9K
Wealthcare Advisory Partners11,150 sh	11,150	$727.1K
C WorldWide Group Holding A/S11,022 sh	11,022	$719.0K
Live Oak Private Wealth10,965 sh	10,965	$715.0K
Brevan Howard Capital Management10,957 sh	10,957	$714.5K
EQUITABLE10,901 sh	10,901	$710.9K
Texas Yale Capital10,638 sh	10,638	$693.7K
SECURED RETIREMENT ADVISORS10,302 sh	10,302	$671.8K
Penobscot Investment Management Company10,049 sh	10,049	$655.3K
NATIXIS9,749 sh	9,749	$635.7K
Vestmark Advisory Solutions9,594 sh	9,594	$625.6K
WEDGE CAPITAL MANAGEMENT L L P9,409 sh	9,409	$613.6K
CenterBook Partners9,315 sh	9,315	$607.4K
TWINBEECH CAPITAL8,119 sh	8,119	$529.4K
Polymer Capital Management (US)8,045 sh	8,045	$524.6K
OXFORD ASSET MANAGEMENT LLP7,746 sh	7,746	$505.1K
EP Wealth Advisors7,145 sh	7,145	$465.9K
Copeland Capital Management7,105 sh	7,105	$463.3K
Odyssean6,878 sh	6,878	$448.5K
SummitTX Capital, L.P.6,863 sh	6,863	$447.5K
TICINO WEALTH5,961 sh	5,961	$432.8K
Jump Financial6,446 sh	6,446	$420.3K
GSA CAPITAL PARTNERS LLP6,333 sh	6,333	$413.0K
AssuredPartners Investment Advisors5,973 sh	5,973	$397.3K
BBR PARTNERS5,996 sh	5,996	$391.0K
GATEWAY INVESTMENT ADVISERS5,844 sh	5,844	$381.1K
AlphaGrep UK Ltd5,832 sh	5,832	$380.3K
Virtu Financial5,829 sh	5,829	$380.0K
Verity Asset Management5,662 sh	5,662	$369.2K
S-Bank Fund Management Ltd5,604 sh	5,604	$365.4K
BOOTHBAY FUND MANAGEMENT5,195 sh	5,195	$338.8K
WBI INVESTMENTS4,555 sh	4,555	$297.0K
FIRST NATIONAL BANK OF OMAHA4,516 sh	4,516	$294.5K
BROWN ADVISORY4,417 sh	4,417	$288.0K
TEACHER RETIREMENT SYSTEM OF TEXAS4,347 sh	4,347	$283.5K
Apriem Advisors4,343 sh	4,343	$283.2K
BEESE FULMER INVESTMENT MANAGEMENT4,285 sh	4,285	$279.4K
ASR Vermogensbeheer N.V.4,214 sh	4,214	$274.8K
CARY STREET PARTNERS INVESTMENT ADVISORY4,058 sh	4,058	$264.6K
REGIONS FINANCIAL3,903 sh	3,903	$254.5K
Checchi Capital Advisers3,669 sh	3,669	$239.3K
W.H. Cornerstone Investments3,578 sh	3,578	$233.3K
QRG CAPITAL MANAGEMENT3,521 sh	3,521	$229.6K
Strategies Wealth Advisors3,439 sh	3,439	$224.3K
Impact Capital Partners3,421 sh	3,421	$223.1K
Arkadios Wealth Advisors3,332 sh	3,332	$217.3K
SYON CAPITAL3,227 sh	3,227	$210.4K
Blueshift Asset Management3,202 sh	3,202	$208.8K
Dana Investment Advisors3,178 sh	3,178	$207.2K
GREAT VALLEY ADVISOR GROUP3,133 sh	3,133	$204.5K
PATTON FUND MANAGEMENT3,123 sh	3,123	$203.7K
GTS SECURITIES3,102 sh	3,102	$202.3K
Credit Capital Investments3,100 sh	3,100	$202.2K
PARK AVENUE SECURITIES3,075 sh	3,075	$201.0K
BOSTON FAMILY OFFICE3,070 sh	3,070	$200.0K
Western Wealth Management1,794 sh	1,794	$117.0K
Bayforest Capital Ltd1,462 sh	1,462	$95.3K
Golden State Equity Partners1,276 sh	1,276	$83.2K
Investment Research & Advisory Group835 sh	835	$54.5K
Orion Capital Management807 sh	807	$52.6K
Destiny Wealth Partners660 sh	660	$43.1K
CURIO WEALTH601 sh	601	$39.2K
First PREMIER Bank424 sh	424	$28.0K
Board of the Pension Protection Fund400 sh	400	$26.1K
CARY STREET PARTNERS FINANCIAL381 sh	381	$24.8K
Annis Gardner Whiting Capital Advisors333 sh	333	$21.7K
TWIN PEAKS WEALTH ADVISORS293 sh	293	$19.1K
Union Bancaire Privee, UBP SA378 sh	378	$18.7K
Kings Path Partners231 sh	231	$18.4K
Kohmann Bosshard Financial Services273 sh	273	$17.8K
Darwin Wealth Management271 sh	271	$17.7K

And 24 smaller positions.

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.