13F

Stock

Brown & Brown, Inc.

BRO · held by 882 managers

Reported value

$21.3B

Holders

882

+2 new · −5 exited

Holders’ est. mark

−$288.2M

Price effect on 8 books still in the name

Largest holder

$3B

Vanguard

Notable conviction

Share of each notable manager’s 13F book.

Holder count by quarter

Who holds it

Notable only
InvestorSharesValueEst. markChange
Vanguard37.6M$3B—Held
BlackRock, Inc.21.8M$1.74B—Held
Capital World Investors17.9M$1.43B—Held
PRINCIPAL FINANCIAL GROUP INC15.4M$1.22B—Held
State Street13.4M$1.07B—Held
Fidelity10.5M$839.8M—Held
Select Equity Group, L.P.9.43M$752M—Held
GEODE CAPITAL MANAGEMENT, LLC7.95M$631.5M—Held
NORGES BANK6.48M$516.8M−$138.3MAdded$131.9M
PARNASSUS INVESTMENTS, LLC6.2M$494.5M—Held
Capital International Investors4.66M$371.7M—Held
MORGAN STANLEY4.62M$368.2M−$65.1MCut−$72.1M
VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V.4.54M$361.7M—Held
DEUTSCHE BANK AG\3.93M$313.2M—Held
BARCLAYS PLC3.4M$270.8M−$35.4MAdded$34.9M
ROYAL BANK OF CANADA3.4M$270.7M—Held
WELLS FARGO & COMPANY/MN3.01M$239.8M—Held
Invesco Ltd.2.86M$227.8M—Held
Allspring Global Investments Holdings, LLC2.8M$217.5M—Held
BANK OF AMERICA CORP /DE/2.49M$198.8M−$35.2MCut−$42.8M
NORTHERN TRUST CORP2.46M$195.8M—Held
JPMORGAN CHASE & CO2.42M$193.1M—Held
GOLDMAN SACHS GROUP INC2.18M$174.1M—Held
Fenimore Asset Management Inc2.18M$174M—Held
MANUFACTURERS LIFE INSURANCE COMPANY, THE2.04M$162.7M—Held
Madison Asset Management, LLC1.99M$158.4M—Held
UBS Group AG1.97M$157.2M—Held
ProShare Advisors LLC1.85M$147.4M—Held
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.75M$139.8M—Held
DIMENSIONAL FUND ADVISORS LP1.72M$137.4M—Held
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC1.49M$118.8M—Held
Gobi Capital LLC1.43M$113.9M—Held
Bank of New York Mellon Corp1.39M$110.7M—Held
Tandem Investment Advisors, Inc.1.29M$103M—Held
Legal & General Group Plc1.11M$88.6M—Held
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND1.11M$88.6M—Held
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC1.11M$88.3M—Held
Champlain Investment Partners, LLC1.1M$87.6M—Held
Caisse de depot et placement du Quebec1.1M$87.5M—Held
Renaissance Technologies1.07M$85.6M—Held
RAYMOND JAMES FINANCIAL INC1.01M$80.3M—Held
Rathbones Group PLC981K$78.2M—Held
Verition Fund Management LLC928.1K$74M—Held
Polar Capital Holdings Plc925K$73.7M—Held
Jain Global LLC843K$67.2M—Held
Sumitomo Mitsui Trust Group, Inc.833K$66.4M—Held
CHILTON INVESTMENT CO INC.827.9K$66M—Held
Swiss National Bank793.6K$63.2M—Held
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.777.5K$62M—Held
Giverny Capital Inc.772.5K$61.6M—Held
NORDEA INVESTMENT MANAGEMENT AB746K$59.7M—Held
MILLENNIUM MANAGEMENT LLC748.6K$59.7M—Held
ROYAL LONDON ASSET MANAGEMENT LTD691.6K$55.1M—Held
STOREBRAND ASSET MANAGEMENT AS689.1K$54.9M—Held
BROWN BROTHERS HARRIMAN & CO672.5K$53.6M—Held
Dundas Partners LLP666.8K$53.1M—Held
Mitsubishi UFJ Asset Management Co., Ltd.671.7K$52.1M—Held
Quantum Capital Management, LLC / NJ649.9K$51.8M—Held
ENVESTNET ASSET MANAGEMENT INC625.1K$49.8M—Held
HSBC HOLDINGS PLC610.7K$48.7M—Held
BNP PARIBAS FINANCIAL MARKETS609.8K$48.6M—Held
California Public Employees Retirement System605.6K$48.3M—Held
Nuveen, LLC600.5K$47.9M—Held
Prana Capital Management, LP596.4K$47.5M—Held
CONGRESS ASSET MANAGEMENT CO580.6K$46.3M—Held
PFA Pension, Forsikringsaktieselskab576.2K$46.2M—Held
SEI INVESTMENTS CO571K$45.5M—Held
RHUMBLINE ADVISERS569K$45.4M—Held
Amundi568.1K$45.3M—Held
SCHWARTZ INVESTMENT COUNSEL INC555.4K$44.3M—Held
SNYDER CAPITAL MANAGEMENT L P555.3K$44.3M—Held
Clarkston Capital Partners, LLC554.1K$44.2M—Held
Vest Financial, LLC553K$44.1M—Held
National Pension Service503.6K$40.1M—Held
NOMURA ASSET MANAGEMENT CO LTD503.3K$40.1M—Held
CAPTRUST FINANCIAL ADVISORS485.2K$38.7M—Held
BANK OF MONTREAL /CAN/467.5K$37.3M—Held
ABN AMRO INVESTMENT SOLUTIONS461.6K$36.8M—Held
EULAV Asset Management444.9K$35.5M—Held
CIBC Asset Management Inc432.4K$34.4M—Held
OSTERWEIS CAPITAL MANAGEMENT INC425.7K$33.9M—Held
Mitsubishi UFJ Trust & Banking Corp422.4K$33.7M—Held
CONFLUENCE INVESTMENT MANAGEMENT LLC413.3K$32.9M—Held
CITIGROUP INC413K$32.9M—Held
TimesSquare Capital Management, LLC409.7K$32.7M—Held
Local Pensions Partnership Investment Ltd406K$32.4M—Held
DF DENT & CO INC387K$30.8M—Held
BARR E S & CO362.7K$28.9M—Held
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM348.7K$27.8M—Held
Russell Investments Group, Ltd.318.4K$25.4M—Held
PhiloSmith Capital Corp317.4K$25.3M—Held
Squarepoint Ops LLC312.8K$24.9M—Held
ALLIANCEBERNSTEIN L.P.308.8K$24.6M—Held
Cresset Asset Management, LLC308.6K$24.6M−$4.35MCut−$4.39M
Gotham Asset Management, LLC300.5K$24M—Held
STIFEL FINANCIAL CORP297.1K$23.7M—Held
CORTLAND ASSOCIATES INC/MO289.4K$23.1M—Held
FIL Ltd279.6K$22.3M—Held
LPL Financial LLC277.4K$22.1M—Held
WORLDQUANT MILLENNIUM ADVISORS LLC276.1K$22M—Held
AMERIPRISE FINANCIAL INC273.9K$21.8M—Held
Port Capital LLC269.5K$21.5M—Held
Corient Private Wealth LLC261K$20.8M—Held
Pictet Asset Management Holding SA258.1K$20.6M—Held
TRUIST FINANCIAL CORP249.3K$19.9M—Held
AVIVA PLC239.5K$19.1M—Held
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM225.7K$18M—Held
APG Asset Management N.V.261.4K$17.7M—Held
Candriam S.C.A.207.3K$16.5M—Held
DANSKE BANK A/S202.4K$16.1M−$6.31MCut−$13.8M
Summit Wealth Partners, LLC201.7K$16.1M—Held
ExodusPoint Capital Management, LP194.8K$15.5M—Held
SEVEN GRAND MANAGERS, LLC187.5K$14.9M—Held
State of Tennessee, Department of Treasury202.6K$14.6M—Held
Baird Financial Group, Inc.181.2K$14.4M—Held
WHITTIER TRUST CO179.9K$14.4M—Held
MACKENZIE FINANCIAL CORP172.9K$13.8M—Held
Aberdeen Group plc173.6K$13.8M—Held
Universal- Beteiligungs- und Servicegesellschaft mbH172.5K$13.8M—Held
Motley Fool Wealth Management, LLC171.8K$13.7M—Held
JACKSON HILL ADVISORS, LLC170K$13.5M—Held
Running Oak Capital LLC168.1K$13.4M—Held
Distillate Capital Partners LLC168.1K$13.4M—Held
BAILLIE GIFFORD & CO166.2K$13.2M—Held
1832 Asset Management L.P.165K$13.1M—Held
STATE OF WISCONSIN INVESTMENT BOARD160.5K$12.8M—Held
Quantbot Technologies LP158.5K$12.6M—Held
Sanctuary Advisors, LLC158.3K$12.6M−$2.23MCut−$2.25M
OSAIC HOLDINGS, INC.153.9K$12.1M—Held
Chevy Chase Trust Holdings, LLC150.4K$12M—Held
Korea Investment CORP150.3K$12M—Held
PRUDENTIAL FINANCIAL INC143.9K$11.5M—Held
VICTORY CAPITAL MANAGEMENT INC142.5K$11.4M—Held
NEW YORK STATE COMMON RETIREMENT FUND139.4K$11.1M—Held
MATTERN CAPITAL MANAGEMENT, LLC137.4K$10.9M—Held
TD Asset Management Inc135.4K$10.8M—Held
Icahn Capital135.3K$10.8M—Held
NATIONAL BANK OF CANADA /FI/134.7K$10.7M—Held
FJARDE AP-FONDEN /FOURTH SWEDISH NATIONAL PENSION FUND131.7K$10.5M—Held
TORONTO DOMINION BANK128.5K$10.2M—Held
Resona Asset Management Co.,Ltd.127K$10.2M—Held
Asset Management One Co., Ltd.124.8K$10.1M—Held
FRANKLIN RESOURCES INC125.3K$9.99M—Held
OMERS ADMINISTRATION Corp124.7K$9.94M—Held
WELLINGTON MANAGEMENT GROUP LLP121.4K$9.68M—Held
Taikang Asset Management (Hong Kong) Co Ltd120.3K$9.59M—Held
UMB Bank, n.a.118.9K$9.47M—Held
CREDIT AGRICOLE S A118.2K$9.42M—Held
COMMONWEALTH EQUITY SERVICES, LLC115.3K$9.19M—Held
Sterling Capital Management LLC114K$9.09M—Held
Quantinno Capital Management LP113K$9.01M—Held
Citadel112.8K$8.99M—Held
Y-Intercept (Hong Kong) Ltd111.9K$8.92M—Held
LOUNTZIS ASSET MANAGEMENT, LLC107.6K$8.58M—Held
YOUSIF CAPITAL MANAGEMENT, LLC103.3K$8.17M—Held
KLP KAPITALFORVALTNING AS101.7K$8.11M—Held
SPRING CAPITAL MANAGEMENT, LLC101.6K$8.1M—Held
Copeland Capital Management, LLC101.6K$8.09M—Held
VOYA INVESTMENT MANAGEMENT LLC101.2K$8.07M—Held
LRZ CAPITAL LLC101K$8.05M—Held
Creative Planning99.5K$7.93M—Held
State of New Jersey Common Pension Fund D98.8K$7.87M—Held
GHP Investment Advisors, Inc.96.9K$7.73M—Held
Channing Capital Management, LLC95.3K$7.59M—Held
Cornerstone Advisors, LLC95K$7.57M—Held
Moran Wealth Management, LLC93.5K$7.45M—Held
COOPER INVESTORS PTY LTD92.5K$7.38M—Held
Pictet North America Advisors SA92.1K$7.34M—Held
Redwood Grove Capital, LLC92K$7.33M—Held
FIRST MERCHANTS CORP90.7K$7.23M—Held
Rafferty Asset Management, LLC89.6K$7.14M—Held
WHITTIER TRUST CO OF NEVADA INC88.7K$7.12M—Held
Heron Bay Capital Management89.2K$7.11M—Held
Lansforsakringar Fondforvaltning AB (publ)88.6K$7.06M—Held
KENNEDY CAPITAL MANAGEMENT LLC88K$7.01M—Held
US BANCORP \DE\87.9K$7M—Held
BCM ADVISORS, LLC88.2K$6.99M—Held
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO86.9K$6.93M—Held
Boston Trust Walden Corp86.3K$6.88M—Held
Marks Group Wealth Management, Inc80.6K$6.42M—Held
DIAMOND HILL CAPITAL MANAGEMENT INC79.7K$6.35M—Held
ARIZONA STATE RETIREMENT SYSTEM79.5K$6.33M—Held
Mariner, LLC78.2K$6.23M—Held
Motley Fool Asset Management LLC77.5K$6.17M—Held
Czech National Bank77.4K$6.17M—Held
STATE OF MICHIGAN RETIREMENT SYSTEM76.9K$6.13M—Held
PUBLIC SECTOR PENSION INVESTMENT BOARD74.9K$5.97M—Held
JONES FINANCIAL COMPANIES LLLP74.6K$5.95M—Held
Zurcher Kantonalbank (Zurich Cantonalbank)73K$5.81M—Held
BANK OF NOVA SCOTIA72.1K$5.75M—Held
MetLife Investment Management, LLC71.8K$5.72M—Held
GUGGENHEIM CAPITAL LLC71.8K$5.72M—Held
SAWGRASS ASSET MANAGEMENT LLC71.1K$5.67M—Held
NEUBERGER BERMAN GROUP LLC70.7K$5.64M—Held
Walleye Capital LLC69.4K$5.53M—Held
COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS68.3K$5.44M—Held
TOWER BRIDGE ADVISORS68K$5.42M—Held
COMERICA BANK66K$5.26M—Held
Capital International, Inc./CA/64.9K$5.17M—Held
Westbourne Investment Advisors, Inc.63.8K$5.09M—Held
Rockefeller Capital Management L.P.62.5K$4.98M—Held
VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.62.5K$4.98M—Held
Retirement Systems of Alabama62.5K$4.98M—Held
FULLER & THALER ASSET MANAGEMENT, INC.60.4K$4.81M—Held
Stonebridge Financial Group, LLC59.3K$4.73M—Held
D. E. Shaw & Co., Inc.58.3K$4.65M—Held
Mirae Asset Global Investments Co., Ltd.58.3K$4.65M—Held
DNB Asset Management AS58K$4.62M—Held
Skandinaviska Enskilda Banken AB (publ)57.7K$4.6M—Held
MUFG Securities EMEA plc57.4K$4.58M—Held
CIBC Private Wealth Group LLC55.6K$4.43M—Held
NewEdge Advisors, LLC55.1K$4.4M—Held
Campbell & CO Investment Adviser LLC55.1K$4.39M—Held
WILSON ASSET MANAGEMENT (INTERNATIONAL) PTY LTD54.4K$4.34M—Held
Triad Investment Management54.1K$4.31M—Held
PNC Financial Services Group, Inc.54K$4.3M—Held
FORSTA AP-FONDEN53.7K$4.28M—Held
BENJAMIN EDWARDS INC53.6K$4.27M—Held
NISA INVESTMENT ADVISORS, LLC52.8K$4.21M—Held
Ensign Peak Advisors, Inc52.3K$4.17M—Held
INTECH INVESTMENT MANAGEMENT LLC51.8K$4.13M—Held
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp51.3K$4.09M—Held
Cerity Partners LLC51.3K$4.09M—Held
O'SHAUGHNESSY ASSET MANAGEMENT, LLC50.9K$4.06M—Held
Southeast Asset Advisors, LLC48.7K$3.88M—Held
XPONANCE LLC48K$3.82M—Held
BAR HARBOR WEALTH MANAGEMENT46.9K$3.74M—Held
Utah Retirement Systems46.6K$3.72M—Held
WealthPlan Investment Management, LLC46.6K$3.71M—Held
&PARTNERS45.6K$3.63M—Held
PARK NATIONAL CORP /OH/44.7K$3.56M—Held
Police & Firemen's Retirement System of New Jersey44.5K$3.55M—Held
STEPHENS INC /AR/44K$3.51M—Held
LEAVELL INVESTMENT MANAGEMENT, INC.43.9K$3.5M—Held
SUSQUEHANNA INTERNATIONAL GROUP, LLP43.5K$3.46M—Held
Edgestream Partners, L.P.42.2K$3.37M—Held
XTX Topco Ltd41.7K$3.33M—Held
Jump Financial, LLC41.3K$3.29M—Held
FIRST NATIONAL BANK OF OMAHA41K$3.27M−$1.28MCut−$1.58M
CIBC WORLD MARKETS CORP40.7K$3.24M—Held
NEW YORK LIFE INVESTMENT MANAGEMENT LLC40.2K$3.2M—Held
Sumitomo Mitsui DS Asset Management Company, Ltd40K$3.19M—Held
MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC39.3K$3.13M—Held
Rakuten Investment Management, Inc.38.5K$3.11M—Held
NISSAY ASSET MANAGEMENT CORP /JAPAN38.4K$3.06M—Held
HWG Holdings LP37.6K$3M—Held
AGF MANAGEMENT LTD36.9K$2.94M—Held
Cetera Investment Advisers36.5K$2.91M—Held
Advisory Services Network, LLC36K$2.87M—Held
Integrity Financial Corp /WA35.8K$2.85M—Held

Who left

Positions as of Q4 2025. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.