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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
Axa
276
Axa
France
$4.04M -$7.38K -66 -0.2%
NYLIM
277
New York Life Investment Management
New York
$3.95M -$16.4K -147 -0.5%
NAM
278
Nissay Asset Management
Japan
$3.89M +$57.1K +511 +2%
NAAA
279
New Age Alpha Advisors
New York
$3.88M -$11M -98,105 -76%
PFM
280
Patton Fund Management
Texas
$3.88M -$1.03M -9,228 -23%
N
281
Numerai
California
$3.85M +$2.82M +25,208 +440%
JWM
282
Jackson Wealth Management
Florida
$3.82M -$58.1K -520 -2%
SMDAM
283
Sumitomo Mitsui DS Asset Management
Japan
$3.74M +$488K +4,371 +17%
CIC
284
Crawford Investment Counsel
Georgia
$3.73M -$68.7K -615 -2%
SM
285
Sciencast Management
New Jersey
$3.71M +$1.29M +11,512 +63%
FA
286
Faithward Advisors
Pennsylvania
$3.71M -$25.1K -225 -0.7%
EFP
287
Elser Financial Planning
Indiana
$3.68M -$701K -6,275 -18%
CIG
288
CHB Investment Group
Pennsylvania
$3.65M -$1.45K -13 -0%
CIBC World Market
289
CIBC World Market
Ontario, Canada
$3.65M +$2.02M +18,113 +162%
DADC
290
D.A. Davidson & Co
Montana
$3.64M -$60.8K -544 -2%
CL
291
Choreo LLC
Illinois
$3.63M -$241K -2,161 -7%
CCA
292
Covey Capital Advisors
Georgia
$3.63M +$18.3K +164 +0.6%
PIM
293
Penobscot Investment Management
Massachusetts
$3.63M +$118K +1,055 +4%
Janus Henderson Group
294
Janus Henderson Group
United Kingdom
$3.62M +$419K +3,751 +15%
CWM
295
CIBC World Markets
New York
$3.59M -$986K -8,823 -23%
Wealth Enhancement Advisory Services
296
Wealth Enhancement Advisory Services
Minnesota
$3.56M -$1.54M -13,820 -33%
SPIA
297
Steward Partners Investment Advisory
New York
$3.56M -$1.04M -9,281 -25%
MML Investors Services
298
MML Investors Services
Massachusetts
$3.52M +$178K +1,593 +6%
EI
299
Ethic Inc
New York
$3.51M +$430K +3,848 +16%
CCM
300
Coldstream Capital Management
Washington
$3.51M -$291K -2,600 -8%

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.