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Brown & Brown

814 hedge funds and large institutions have $18.2B invested in Brown & Brown in 2026 Q1 according to their latest regulatory filings, with 100 funds opening new positions, 308 increasing their positions, 304 reducing their positions, and 161 closing their positions.

New
Increased
Maintained
Reduced
Closed

182% more call options, than puts

Call options by funds: $33.2M | Put options by funds: $11.8M

1.93% more ownership

Funds ownership: 79.92%81.84% (+1.9%)

1% more repeat investments, than reductions

Existing positions increased: 308 | Existing positions reduced: 304

8% less funds holding

Funds holding: 887814 (-73)

16% less capital invested

Capital invested by funds: $21.7B → $18.2B (-$3.57B)

33% less funds holding in top 10

Funds holding in top 10: 128 (-4)

38% less first-time investments, than exits

New positions opened: 100 | Existing positions closed: 161

Holders
814
Holders Change
-73
Holders Change %
-8.23%
% of All Funds
9.96%
Holding in Top 10
8
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-33.33%
% of All Funds
0.1%
New
100
Increased
308
Reduced
304
Closed
161
Calls
$33.2M
Puts
$11.8M
Net Calls
+$21.4M
Net Calls Change
+$19.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Fifth Third Bancorp
226
Fifth Third Bancorp
Ohio
$4.29M +$3.91M +54,305 +473%
National Bank of Canada
227
National Bank of Canada
Quebec, Canada
$4.24M -$5.03M -69,738 -52%
Parnassus Investments
228
Parnassus Investments
California
$4.18M -$443M -6,140,616 -99%
DnB Asset Management
229
DnB Asset Management
Norway
$4.1M +$355K +4,929 +9%
Fidelity International
230
Fidelity International
Bermuda
$4.06M -$15.7M -217,259 -78%
Retirement Systems of Alabama
231
Retirement Systems of Alabama
Alabama
$4.05M -$21.3K -295 -0.5%
WIA
232
Westbourne Investment Advisors
Maryland
$4.05M -$126K -1,750 -3%
TBA
233
Tower Bridge Advisors
Pennsylvania
$4M -$472K -6,554 -10%
SAM
234
SEB Asset Management
$3.89M +$4.3M +59,654 New
BEI
235
Benjamin Edwards Inc
Missouri
$3.89M +$431K +5,982 +11%
Ensign Peak Advisors
236
Ensign Peak Advisors
Utah
$3.83M +$467K +6,477 +12%
VOYA Investment Management
237
VOYA Investment Management
Georgia
$3.78M -$3.12M -43,314 -43%
SFGP
238
Stonebridge Financial Group (Pennsylvania)
Pennsylvania
$3.75M -$135K -1,871 -3%
MSE
239
MUFG Securities EMEA
United Kingdom
$3.74M
YIH
240
Y-Intercept (HK)
Hong Kong
$3.68M -$4M -55,448 -50%
AC
241
Allstate Corporation
Illinois
$3.68M +$2.54M +35,192 +166%
P
242
&Partners
Tennessee
$3.65M +$734K +10,184 +22%
PNC Financial Services Group
243
PNC Financial Services Group
Pennsylvania
$3.63M +$125K +1,741 +3%
X
244
Xponance
Pennsylvania
$3.56M +$484K +6,709 +14%
WAM
245
Wilson Asset Management
Australia
$3.55M
AB
246
Amalgamated Bank
New York
$3.5M -$106K -1,470 -3%
Daiwa Securities Group
247
Daiwa Securities Group
Japan
$3.44M +$188K +2,603 +5%
Nisa Investment Advisors
248
Nisa Investment Advisors
Missouri
$3.42M -$24.3K -337 -0.6%
AM
249
AGF Management
Ontario, Canada
$3.42M +$1.12M +15,478 +42%
Bank of Nova Scotia
250
Bank of Nova Scotia
Ontario, Canada
$3.31M -$1.54M -21,386 -30%

BRO Hedge Fund Activity: Q1 2026 in Review

814 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q1 2026, worth a combined $18.2B — down 16% from $21.7B a quarter earlier.

Sellers outnumbered buyers: 161 funds closed out of BRO and 100 opened new positions — a net loss of 61 holders — while 304 trimmed existing stakes and 308 added.

The largest buyer was First Eagle Investment Management, opening a new position worth an estimated $636M. The largest seller was Parnassus Investments, cutting an estimated $443M.

  • 814 institutional investors held Brown & Brown (BRO) as of Q1 2026, down from 887 in Q4 2025.
  • Funds reported $18.2B of Brown & Brown stock for Q1 2026, down 16% quarter-over-quarter.
  • 100 funds opened new Brown & Brown positions in Q1 2026 and 161 closed out, a net change of -61 holders.
  • The largest Brown & Brown buyer in Q1 2026 was First Eagle Investment Management, an estimated $636M added.
  • The largest Brown & Brown seller in Q1 2026 was Parnassus Investments, an estimated $443M sold.

Based on aggregated 13F filings for Q1 2026.