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Brown & Brown

908 hedge funds and large institutions have $27.3B invested in Brown & Brown in 2025 Q1 according to their latest regulatory filings, with 130 funds opening new positions, 339 increasing their positions, 315 reducing their positions, and 83 closing their positions.

New
Increased
Maintained
Reduced
Closed

147% more call options, than puts

Call options by funds: $26.2M | Put options by funds: $10.6M

68% more funds holding in top 10

Funds holding in top 10: 1932 (+13)

57% more first-time investments, than exits

New positions opened: 130 | Existing positions closed: 83

25% more capital invested

Capital invested by funds: $21.9B → $27.3B (+$5.42B)

4% more funds holding

Funds holding: 873908 (+35)

1.62% more ownership

Funds ownership: 75.01%76.62% (+1.6%)

8% more repeat investments, than reductions

Existing positions increased: 339 | Existing positions reduced: 315

Holders
908
Holders Change
+35
Holders Change %
+4.01%
% of All Funds
12.17%
Holding in Top 10
32
Holding in Top 10 Change
+13
Holding in Top 10 Change %
+68.42%
% of All Funds
0.43%
New
130
Increased
339
Reduced
315
Closed
83
Calls
$26.2M
Puts
$10.6M
Net Calls
+$15.6M
Net Calls Change
-$4.27M
Name Holding Trade Value Shares
Change
Change in
Stake
AB
226
Amalgamated Bank
New York
$6.5M +$37K +331 +0.6%
PNC
227
Park National Corp
Ohio
$6.42M -$18.5K -166 -0.3%
OSAM
228
O'Shaughnessy Asset Management
Connecticut
$6.37M +$1.22M +10,937 +27%
Retirement Systems of Alabama
229
Retirement Systems of Alabama
Alabama
$6.34M -$43.5K -389 -0.8%
WP
230
WealthPLAN Partners
Nebraska
$6.32M -$62.8K -562 -1%
Zurich Cantonal Bank
231
Zurich Cantonal Bank
Switzerland
$6.15M -$348K -3,112 -6%
Cerity Partners
232
Cerity Partners
New York
$6.13M +$127K +1,136 +2%
SAM
233
Silphium Asset Management
United Kingdom
$6.07M +$5.25K +47 +0.1%
Bank Julius Baer & Co
234
Bank Julius Baer & Co
Switzerland
$6.04M +$5.49M +49,109 New
BCIM
235
British Columbia Investment Management
British Columbia, Canada
$5.78M +$7.93K +71 +0.2%
DnB Asset Management
236
DnB Asset Management
Norway
$5.67M +$31.6K +283 +0.6%
FNBOO
237
First National Bank of Omaha
Nebraska
$5.65M -$514K -4,599 -9%
DC
238
Davenport & Co
Virginia
$5.6M +$722K +6,459 +17%
WCM Investment Management
239
WCM Investment Management
California
$5.59M -$1.29M -11,551 -20%
PNC Financial Services Group
240
PNC Financial Services Group
Pennsylvania
$5.58M +$187K +1,672 +4%
MJRIC
241
Mogy Joel R Investment Counsel
California
$5.55M +$2.83M +25,306 +131%
II
242
IFM Investors
Australia
$5.54M -$186K -1,665 -4%
EF
243
Empowered Funds
Pennsylvania
$5.51M +$2.49M +22,283 +101%
X
244
Xponance
Pennsylvania
$5.49M +$41.6K +372 +0.8%
Cetera Investment Advisers
245
Cetera Investment Advisers
Illinois
$5.46M +$849K +7,598 +21%
FAF
246
Första AP-fonden
Sweden
$5.39M -$257K -2,300 -5%
Acadian Asset Management
247
Acadian Asset Management
Massachusetts
$5.36M -$8.05M -72,056 -63%
KFA
248
Kelleher Financial Advisors
New York
$5.23M -$2.35K -21 -0%
TBA
249
Tower Bridge Advisors
Pennsylvania
$5.09M -$197K -1,762 -4%
P
250
&Partners
Tennessee
$5.07M +$368K +3,292 +9%

BRO Hedge Fund Activity: Q1 2025 in Review

908 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q1 2025, worth a combined $27.3B — up 25% from $21.9B a quarter earlier.

Buyers outnumbered sellers: 130 funds opened new BRO positions and 83 closed out — a net gain of 47 holders — while 339 added to existing stakes and 315 trimmed.

The largest buyer was Parnassus Investments, opening a new position worth an estimated $808M. The largest seller was Select Equity Group, cutting an estimated $190M.

  • 908 institutional investors held Brown & Brown (BRO) as of Q1 2025, up from 873 in Q4 2024.
  • Funds reported $27.3B of Brown & Brown stock for Q1 2025, up 25% quarter-over-quarter.
  • 130 funds opened new Brown & Brown positions in Q1 2025 and 83 closed out, a net change of +47 holders.
  • The largest Brown & Brown buyer in Q1 2025 was Parnassus Investments, an estimated $808M added.
  • The largest Brown & Brown seller in Q1 2025 was Select Equity Group, an estimated $190M sold.

Based on aggregated 13F filings for Q1 2025.