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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
SOADOR
301
State of Alaska Department of Revenue
Alaska
$3.46M +$83.2K +745 +3%
Bank of Nova Scotia
302
Bank of Nova Scotia
Ontario, Canada
$3.44M -$835K -7,469 -21%
IIC
303
Ironwood Investment Counsel
Arizona
$3.37M -$30.7K -275 -1%
Fuller & Thaler Asset Management
304
Fuller & Thaler Asset Management
California
$3.37M +$1.06M +9,467 +54%
WAP
305
Wealthcare Advisory Partners
Pennsylvania
$3.36M -$148K -1,321 -5%
Pacer Advisors
306
Pacer Advisors
Pennsylvania
$3.34M -$816K -7,300 -21%
PAM
307
Panagora Asset Management
Massachusetts
$3.33M -$330K -2,949 -10%
HC
308
Henshaw Capital
Massachusetts
$3.26M -$1.15M -10,292 -28%
SC
309
Savant Capital
Illinois
$3.2M +$1.03M +9,190 +55%
OAM
310
OP Asset Management
$3.19M +$2.87M +25,642 New
CL
311
CIM LLC
New York
$3.17M +$1.24M +11,059 +77%
VPIM
312
Vanguard Personalized Indexing Management
California
$3.16M +$155K +1,389 +6%
SI
313
Stephens Inc
Arkansas
$3.07M -$48.3K -432 -2%
IA
314
IFP Advisors
Florida
$3.04M +$312K +2,789 +13%
JFG
315
Jefferies Financial Group
New York
$3.04M +$2.73M +24,464 New
TI
316
Tidal Investments
Wisconsin
$3.04M -$24.6M -219,765 -90%
PAM
317
Peninsula Asset Management
Florida
$3.03M +$2.72M +24,335 New
UM
318
UniSuper Management
Australia
$3.01M -$161K -1,440 -6%
OAM
319
Oppenheimer Asset Management
New York
$3.01M -$241K -2,160 -8%
Mirae Asset Global ETFs Holdings
320
Mirae Asset Global ETFs Holdings
Hong Kong
$2.99M +$141K +1,264 +6%
HA
321
Harbor Advisors
Florida
$2.99M
Pathstone Holdings
322
Pathstone Holdings
New Jersey
$2.95M +$242K +2,168 +10%
RC
323
Roundview Capital
New Jersey
$2.93M +$966K +8,648 +58%
AM
324
AGF Management
Ontario, Canada
$2.93M +$1.01K +9 +0%
PA
325
Procyon Advisors
Connecticut
$2.91M +$70.6K +632 +3%

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.