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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
DKCM
376
Davidson Kahn Capital Management
California
$1.91M +$481K +4,303 +39%
AF
377
Avanza Fonder
Sweden
$1.9M -$537K -4,804 -24%
BF
378
BOK Financial
Oklahoma
$1.89M -$213K -1,906 -11%
BFPW
379
BOK Financial Private Wealth
Colorado
$1.87M -$411K -3,675 -20%
HIMCH
380
Hartford Investment Management Co (HIMCO)
Connecticut
$1.84M -$17K -152 -1%
I
381
InceptionR
California
$1.83M -$320K -2,860 -16%
M&T Bank
382
M&T Bank
New York
$1.83M +$595K +5,323 +57%
NWMG
383
Nicholson Wealth Management Group
South Carolina
$1.81M +$31K +277 +2%
SG Americas Securities
384
SG Americas Securities
New York
$1.81M +$257K +2,304 +19%
MLM
385
Mount Lucas Management
Pennsylvania
$1.79M -$52K -465 -3%
GWM
386
Gibbs Wealth Management
Georgia
$1.78M +$244K +2,181 +18%
ECM
387
Everence Capital Management
Indiana
$1.77M
CWP
388
Cyndeo Wealth Partners
Florida
$1.77M +$226K +2,027 +17%
Federated Hermes
389
Federated Hermes
Pennsylvania
$1.75M -$9.2M -82,349 -85%
FCM
390
Fairbanks Capital Management
California
$1.74M +$1.56M +13,947 New
GIBU
391
Gulf International Bank (UK)
United Kingdom
$1.72M -$568K -5,086 -27%
NIM
392
NEOS Investment Management
Connecticut
$1.7M +$280K +2,506 +22%
SW
393
SlateStone Wealth
Florida
$1.68M -$249K -2,225 -14%
VIA
394
Virtus Investment Advisers
Connecticut
$1.68M +$1.32M +11,803 +685%
PIWA
395
Prevail Innovative Wealth Advisors
Kansas
$1.68M -$442K -3,953 -23%
HWM
396
HB Wealth Management
Georgia
$1.67M +$817K +7,311 +119%
LOAMU
397
Lombard Odier Asset Management (USA)
New York
$1.65M +$1.48M +13,277 New
Wealthfront Advisers
398
Wealthfront Advisers
California
$1.64M +$308K +2,752 +26%
Canada Pension Plan Investment Board
399
Canada Pension Plan Investment Board
Ontario, Canada
$1.62M +$1.42M +12,708 +3,683%
Citadel Advisors
400
Citadel Advisors
Florida
$1.61M +$1.43M +12,807 +8,055%

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.