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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
QCM
326
QRG Capital Management
Illinois
$2.9M +$351K +3,141 +16%
SW
327
SteelPeak Wealth
California
$2.88M +$2.59M +23,152 New
ST
328
Sabal Trust
Florida
$2.84M
AAF
329
Andra AP-fonden
Sweden
$2.84M -$3.55M -31,796 -58%
JSSH
330
J. Safra Sarasin Holding
$2.83M +$2.54M +22,733 New
CGH
331
Crossmark Global Holdings
Texas
$2.8M -$41.6K -372 -2%
William Blair & Company
332
William Blair & Company
Illinois
$2.75M -$419K -3,749 -15%
SIC
333
Salem Investment Counselors
North Carolina
$2.74M
RIM
334
Rakuten Investment Management
Japan
$2.69M +$2.44M +21,850 New
Northwestern Mutual Wealth Management
335
Northwestern Mutual Wealth Management
Wisconsin
$2.67M +$57.8K +517 +2%
AIM
336
Achmea Investment Management
Netherlands
$2.65M -$151K -1,347 -6%
PCM
337
Penserra Capital Management
California
$2.59M +$2.14M +19,116 +1,108%
CAM
338
Cacti Asset Management
Georgia
$2.58M
IMRF
339
Illinois Municipal Retirement Fund
Illinois
$2.58M
Bessemer Group
340
Bessemer Group
New Jersey
$2.56M -$270K -2,412 -10%
OPERF
341
Oregon Public Employees Retirement Fund
Oregon
$2.54M +$1.12K +10 +0%
CI
342
CX Institutional
Indiana
$2.52M +$70.4K +630 +3%
Rockefeller Capital Management
343
Rockefeller Capital Management
New York
$2.41M -$161K -1,437 -7%
MCM
344
Mitchell Capital Management
Kansas
$2.41M +$2.16M +19,372 New
PFS
345
Prospera Financial Services
Texas
$2.37M +$15K +134 +0.7%
MSU
346
Mizuho Securities USA
New York
$2.36M -$390K -3,493 -16%
NA
347
NewEdge Advisors
Louisiana
$2.36M +$94.5K +846 +5%
TAF
348
Tredje AP-fonden
Sweden
$2.34M
TWM
349
Trueblood Wealth Management
Ohio
$2.32M +$129K +1,156 +7%
Cambridge Investment Research Advisors
350
Cambridge Investment Research Advisors
Iowa
$2.31M +$374K +3,351 +22%

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.