BRO Institutional Ownership
Who owns Brown & Brown, Inc. and what the big funds did with it last quarter, from every SEC 13F filing. 808 funds reported holding BRO at Jun 30, 2026, together owning 88.6% of the company.
- ●427 buying vs 397 selling
- ▲Held by funds +4.2 pts
- ▼Funds holding -10
- ▼Superinvestors: 1 added, 3 cut
- ●Put/call not meaningful
What the filings show, not a forecast. Positions can be up to 45 days old and leave out short sales.
Funds holding and ownership
8 quartersQuarter over quarter
all 13F filers| Q2 2026 | This quarter | Q1 2026 | Change |
|---|---|---|---|
| Funds holding | 808 | 818 | −1.2% |
| In funds' top 10 | 8 | 8 | 0.0% |
| 13F shares | 294M | 280M | +5.0% |
| Held by funds | 88.6% | 84.3% | +4.2 pts |
| New positions | 113 | 85 | +32.9% |
| Increased | 314 | 308 | +1.9% |
| Reduced | 273 | 296 | −7.8% |
| Sold out | 124 | 162 | −23.5% |
| Calls (shares) | 51K | 36K | +43.4% |
| Puts (shares) | 4,300 | 46K | −90.6% |
| Put/call ratio | 0.08 | 1.29 | −93.4% |
Buyers vs sellers
adding or new vs cutting or sold outSuperinvestors in BRO
All superinvestors →Who owns BRO
share of fund held shares- Index and passive funds32.6%
- Active managers and hedge funds50.5%
- Banks and brokers14.1%
- Pensions, insurers and other2.8%
The top 10 holders own 53.5% of all BRO shares that funds reported. Groups are our own grouping of filers by name.
Put/call ratio
funds' options, market makers left outAbove 1 means funds hold more puts than calls, a sign of hedging or bets on a fall. Options are valued at the underlying shares.
Filed so far for Q3 2026
243 funds changed their position- Principal Financial Group IncTrimmed−3.9M sh
- EULAV Asset ManagementSold out−445K sh
- Assenagon Asset Management S.A.Trimmed−427K sh
- State of Michigan Retirement SystemAdded+241K sh
- DekaBank Deutsche GirozentraleTrimmed−214K sh
🔒 Free account: see all 20.
Top holders
Q2 2026| # | Fund | Of company | Shares | Value | Change |
|---|---|---|---|---|---|
| 1 | First Eagle Investment Management, LLC | 7.07% | 23.5M | $1.5B | +14.6M |
| 2 | BlackRock, Inc. | 6.67% | 22.1M | $1.4B | +197K |
| 3 | Vanguard Capital Management LLC | 5.71% | 18.9M | $1.2B | +20K |
| 4 | Fmr LLC | 5.55% | 18.4M | $1.2B | +2.4M |
| 5 | Principal Financial Group Inc | 4.74% | 15.7M | $1B | +113K |
| 6 | Vanguard Portfolio Management LLC | 4.41% | 14.6M | $939M | +45K |
| 7 | State Street Corp | 4.38% | 14.5M | $931M | +738K |
| 8 | Capital World Investors | 4.36% | 14.5M | $928M | −2M |
| 9 | Geode Capital Management, LLC | 2.48% | 8.2M | $526M | +93K |
| 10 | Van Lanschot Kempen Investment Management N.v. | 2.02% | 6.7M | $430M | +838K |
- First Eagle Investment Management, LLC+14.6M sh+$939M
- Orbis Allan Gray Ltd+5.4M sh+$345M
- Norges Bank+4.4M sh+$282M
- Fmr LLC+2.4M sh+$151M
- Goldman Sachs Group Inc+1.4M sh+$87M
- AQR Capital Management LLC+897K sh+$56.9M
- Van Lanschot Kempen Investment Management N.v.+838K sh+$53.7M
- Two Sigma Investments, LP+829K sh+$53.2M
- Select Equity Group, L.P.−3.1M sh−$201M
- Barclays PLC−2.9M sh−$187M
- Allspring Global Investments Holdings, LLC−2.5M sh−$170M
- Rathbones Group PLC−2.3M sh−$147M
- Capital World Investors−2M sh−$130M
- Capital International Investors−1.8M sh−$116M
- Verition Fund Management LLC−1.1M sh−$70.9M
- Kayne Anderson Rudnick Investment Management LLC−1M sh−$65.9M
BRO institutional ownership FAQ
Who owns the most BRO stock?
In Q2 2026 13F filings the largest holder of BRO was First Eagle Investment Management, LLC, followed by BlackRock, Inc. and Vanguard Capital Management LLC. Index fund managers are usually the biggest holders of large companies.
What percentage of BRO is owned by institutions?
Funds that file 13F reports held 88.6% of BRO's shares at Jun 30, 2026, compared with 84.3% a quarter earlier. That counts every manager with more than $100 million in US stocks.
Are hedge funds buying BRO?
In Q2 2026, 427 funds bought BRO (113 of them new positions) and 397 sold (124 sold out completely). Among well known investors, 1 added and 3 cut. Our fund sentiment for BRO is neutral.
What is BRO's institutional put/call ratio?
Funds reported $276K of BRO puts against $3.3M of calls, a put/call ratio of 0.08 (1.29 the quarter before). Market makers and bank trading desks are left out, since their options are mostly hedges.
How current is this BRO ownership data?
13F filings show holdings at the end of each quarter and are due within 45 days, so positions can be up to six weeks old when they appear. We add each new filing within minutes, and the "filed so far" list shows funds that have already reported the next quarter.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Fund sentiment summarises what 13F filings show and is not a forecast. Holdings come from SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.



