BROWN & BROWN, INC. - Common Stock (BRO) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2014 to Q4 2025

Type / Class
Equity / Common Stock
Symbol
BRO on NYSE
Shares outstanding
330,257,717
Price per share
$72.10
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
271,197,364
Total reported value
$21,601,692,032
% of total 13F portfolios
0.02%
Share change
+8,737,618
Value change
+$639,766,032
Number of holders
861
Price from insider filings
$72.10
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of BROWN & BROWN, INC. - Common Stock (BRO) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
VANGUARD GROUP INC 11% $3,501,264,361 37,330,892 The Vanguard Group 30 Sep 2025
Capital World Investors 5.3% $1,641,668,178 17,503,659 Capital World Investors 30 Sep 2025

As of 31 Dec 2025, 861 institutional investors reported holding 271,197,364 shares of BROWN & BROWN, INC. - Common Stock (BRO). This represents 82% of the company’s total 330,257,717 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of BROWN & BROWN, INC. - Common Stock (BRO) together control 59% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 11% 37,634,847 +0.81% 0.04% $2,999,497,305
BlackRock, Inc. 6.6% 21,770,945 +3.8% 0.03% $1,735,144,338
Capital World Investors 5.4% 17,886,395 +2.3% 0.19% $1,425,545,682
PRINCIPAL FINANCIAL GROUP INC 4.7% 15,362,548 -0.35% 0.63% $1,224,397,806
STATE STREET CORP 4.1% 13,403,814 +2.2% 0.04% $1,068,283,976
FMR LLC 3.2% 10,536,563 -12% 0.04% $839,764,055
Select Equity Group, L.P. 2.9% 9,434,802 +55% 3.5% $751,953,719
GEODE CAPITAL MANAGEMENT, LLC 2.4% 7,952,957 +1.5% 0.04% $631,494,714
NORGES BANK 2% 6,484,778 0.06% $516,836,807
PARNASSUS INVESTMENTS, LLC 1.9% 6,204,729 -9.2% 1.3% $494,516,902
Capital International Investors 1.4% 4,663,165 0.06% $371,654,251
MORGAN STANLEY 1.4% 4,620,122 -1.6% 0.02% $368,223,995
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 1.4% 4,538,584 +133% 3.1% $361,725,145
DEUTSCHE BANK AG\ 1.2% 3,929,461 +53% 0.1% $313,178,042
BARCLAYS PLC 1% 3,397,991 +35% 0.11% $270,819,885
ROYAL BANK OF CANADA 1% 3,396,464 -31% 0.05% $270,699,000
WELLS FARGO & COMPANY/MN 0.91% 3,009,060 -6.1% 0.05% $239,822,057
Invesco Ltd. 0.87% 2,858,421 +19% 0.03% $227,816,155
Allspring Global Investments Holdings, LLC 0.85% 2,802,327 +2.1% 0.35% $217,516,622
BANK OF AMERICA CORP /DE/ 0.76% 2,494,762 -3.2% 0.01% $198,832,570
NORTHERN TRUST CORP 0.74% 2,456,172 -5.6% 0.02% $195,756,907
JPMORGAN CHASE & CO 0.73% 2,422,970 +25% 0.01% $193,110,775
Fenimore Asset Management Inc 0.66% 2,183,511 +1.3% 3.6% $174,025,796
GOLDMAN SACHS GROUP INC 0.66% 2,183,346 +2.5% 0.02% $174,012,672
MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.62% 2,041,737 -12% 0.13% $162,726,439

Institutional Holders of BROWN & BROWN, INC. - Common Stock (BRO) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 271,197,364 $21,601,692,032 +$639,766,032 $79.70 861
2025 Q3 261,406,690 $24,505,678,496 -$595,006,958 $93.79 884
2025 Q2 265,902,085 $29,459,194,839 +$5,572,779,458 $110.87 917
2025 Q1 215,470,403 $26,775,988,919 +$713,357,420 $124.40 895
2024 Q4 212,788,259 $21,702,281,262 +$239,280,689 $102.02 864
2024 Q3 207,525,367 $21,477,327,595 -$20,017,570 $103.60 809
2024 Q2 206,628,843 $18,459,589,954 +$251,909,774 $89.41 747
2024 Q1 203,823,025 $17,816,790,674 +$45,081,378 $87.54 708
2023 Q4 203,609,794 $14,458,513,109 +$121,004,108 $71.11 675
2023 Q3 201,825,222 $14,096,178,773 -$68,050,070 $69.84 624
2023 Q2 202,402,229 $13,905,621,384 +$29,656,948 $68.84 597
2023 Q1 202,426,628 $11,609,370,071 +$73,939,356 $57.42 561
2022 Q4 200,122,887 $11,402,533,435 +$452,054,145 $56.97 565
2022 Q3 200,299,412 $12,120,177,123 -$129,071,991 $60.48 553
2022 Q2 201,890,849 $11,770,994,516 +$68,476,575 $58.34 557
2022 Q1 204,638,584 $14,751,036,733 -$89,061,503 $72.27 564
2021 Q4 206,011,998 $14,432,647,197 -$373,189,080 $70.28 540
2021 Q3 204,884,644 $11,331,457,726 +$184,479,068 $55.45 506
2021 Q2 201,462,477 $10,677,347,370 +$111,081,612 $53.14 462
2021 Q1 199,622,362 $9,101,910,647 +$9,919,605 $45.71 448
2020 Q4 199,634,571 $9,433,033,479 +$25,997,797 $47.41 453
2020 Q3 199,388,900 $8,999,299,869 -$226,026,894 $45.27 428
2020 Q2 204,071,409 $8,299,607,029 -$15,138,692 $40.76 409
2020 Q1 204,301,181 $7,398,506,166 +$1,762,187 $36.22 387
2019 Q4 204,091,481 $8,035,455,566 +$199,119,515 $39.48 370
2019 Q3 199,722,268 $7,192,020,955 +$2,724,870 $36.06 372
2019 Q2 199,552,868 $6,672,281,820 -$52,979,728 $33.50 330
2019 Q1 202,293,818 $5,957,017,515 +$7,908,633 $29.51 312
2018 Q4 202,238,626 $5,557,557,435 +$13,025,893 $27.56 307
2018 Q3 201,642,979 $5,949,151,059 +$53,451,441 $29.57 318
2018 Q2 201,746,811 $5,585,548,030 +$116,904,160 $27.73 296
2018 Q1 197,131,314 $5,012,479,895 +$2,429,227,127 $25.44 306
2017 Q4 99,632,327 $5,126,290,170 -$87,807,170 $51.46 286
2017 Q3 101,012,798 $4,867,870,503 -$28,055,937 $48.19 264
2017 Q2 101,640,017 $4,378,487,586 +$21,270,826 $43.07 264
2017 Q1 101,305,033 $4,227,103,296 +$323,684,667 $41.72 259
2016 Q4 102,246,840 $4,586,225,512 -$37,676,387 $44.86 269
2016 Q3 102,562,480 $3,865,331,182 -$11,726,924 $37.71 251
2016 Q2 102,951,811 $3,857,408,811 +$10,460,209 $37.47 234
2016 Q1 102,693,836 $3,675,316,961 +$110,326,523 $35.80 233
2015 Q4 99,793,237 $3,203,246,881 -$28,515,539 $32.10 228
2015 Q3 100,706,963 $3,118,849,335 -$5,050,009 $30.97 220
2015 Q2 100,766,193 $3,310,968,137 -$82,324,597 $32.86 224
2015 Q1 103,277,340 $3,416,949,023 +$45,044,077 $33.11 226
2014 Q4 101,794,626 $3,349,519,852 +$28,868,953 $32.91 234
2014 Q3 102,151,821 $3,283,981,744 +$110,554,436 $32.15 229
2014 Q2 99,063,820 $3,042,200,251 -$174,421,690 $30.71 228
2014 Q1 103,572,826 $3,184,846,383 +$92,147,306 $30.76 233