MAM
BRO icon

Madison Asset Management’s Brown & Brown BRO Stock Holding History

Madison Asset Management’s Portfolio BRO Stock Details BRO Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		$139M Sell
2,161,022
-146,600
-6% -$8.94M 1.65% 12
2026
Q1 		$150M Buy
2,307,622
+320,512
+16% +$23.1M 1.87% 7
2025
Q4 		$158M Sell
1,987,110
-21,650
-1% -$1.81M 1.82% 9
2025
Q3 		$188M Sell
2,008,760
-33,526
-2% -$3.27M 2.08% 8
2025
Q2 		$226M Sell
2,042,286
-18,668
-0.9% -$2.1M 2.45% 6
2025
Q1 		$256M Buy
2,060,954
+119,856
+6% +$13.4M 2.86% 3
2024
Q4 		$198M Buy
1,941,098
+206,352
+12% +$22M 2.23% 7
2024
Q3 		$180M Buy
1,734,746
+67,240
+4% +$6.69M 2.02% 7
2024
Q2 		$149M Buy
1,667,506
+132,599
+9% +$11.5M 1.85% 8
2024
Q1 		$134M Buy
1,534,907
+173,299
+13% +$13.9M 1.65% 10
2023
Q4 		$96.8M Buy
1,361,608
+34,428
+3% +$2.46M 1.31% 16
2023
Q3 		$92.7M Buy
1,327,180
+14,082
+1% +$1M 1.36% 15
2023
Q2 		$90.4M Sell
1,313,098
-1,425
-0.1% -$90.6K 1.32% 15
2023
Q1 		$75.5M Sell
1,314,523
-10,679
-0.8% -$614K 1.15% 22
2022
Q4 		$75.5M Sell
1,325,202
-1,022
-0.1% -$59.8K 1.18% 17
2022
Q3 		$80.2M Buy
1,326,224
+8,563
+0.6% +$539K 1.35% 12
2022
Q2 		$76.9M Sell
1,317,661
-28,414
-2% -$1.74M 1.2% 15
2022
Q1 		$97.3M Sell
1,346,075
-12,702
-0.9% -$852K 1.39% 11
2021
Q4 		$95.5M Sell
1,358,777
-24,930
-2% -$1.61M 1.25% 16
2021
Q3 		$76.7M Sell
1,383,707
-1,436
-0.1% -$80K 1.06% 27
2021
Q2 		$73.6M Sell
1,385,143
-10,112
-0.7% -$520K 0.99% 32
2021
Q1 		$63.8M Sell
1,395,255
-15,288
-1% -$702K 0.89% 35
2020
Q4 		$66.9M Sell
1,410,543
-6,215
-0.4% -$286K 0.98% 28
2020
Q3 		$64.1M Sell
1,416,758
-26,922
-2% -$1.2M 1.07% 26
2020
Q2 		$58.8M Sell
1,443,680
-8,449
-0.6% -$326K 1.03% 30
2020
Q1 		$52.6M Sell
1,452,129
-400,728
-22% -$16.9M 1.08% 31
2019
Q4 		$73.2M Buy
+1,852,857
New +$69.6M 1.12% 27

Other funds holding BRO

BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
Principal Financial Group
Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return
Vanguard Portfolio Management
Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Capital World Investors
Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return
First Eagle Investment Management
First Eagle Investment Management New York $60.8B AUM 26.63% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return
VLKIM
Van Lanschot Kempen Investment Management Amsterdam, Netherlands $13.1B AUM 19.56% 1-Year Est. Return

Madison Asset Management's BRO Position: Q2 2026 in Review

Madison Asset Management reduced its Brown & Brown (BRO) stake by 6.4% in Q2 2026, selling an estimated $8.94M and leaving 2,161,022 shares worth $139M. The position accounts for 1.65% of the portfolio, ranked #12.

Madison Asset Management first reported a position in BRO in Q4 2019 and has held it in 27 quarters since. The position peaked at $256M in Q1 2025. 805 funds tracked by Wall St. Rank hold BRO as of Q2 2026.

  • Madison Asset Management held 2,161,022 shares of Brown & Brown worth $139M as of Q2 2026.
  • Madison Asset Management sold 146,600 Brown & Brown shares in Q2 2026, an estimated $8.94M.
  • Brown & Brown made up 1.65% of Madison Asset Management's portfolio in Q2 2026, its #12 holding.
  • Madison Asset Management first reported a position in Brown & Brown in Q4 2019 and has held it in 27 quarters since.
  • Madison Asset Management's Brown & Brown position peaked at $256M in Q1 2025.
  • 805 funds tracked by Wall St. Rank held Brown & Brown as of Q2 2026.

Based on Madison Asset Management's 13F filing for Q2 2026, filed 10 Aug 2026.