We are live on ! Find out more
BRO icon

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
EMCIP
401
Ewing Morris & Co Investment Partners
Ontario, Canada
$1.6M +$998K +8,932 New
LSERS
402
Louisiana State Employees Retirement System
Louisiana
$1.59M
CPA
403
Cathy Pareto & Associates
Florida
$1.59M
CA
404
Cullinan Associates
Kentucky
$1.55M -$55.9K -500 -4%
SAM
405
Securian Asset Management
Minnesota
$1.55M -$22.6K -202 -2%
PMWMG
406
Parr McKnight Wealth Management Group
Minnesota
$1.53M +$559 +5 +0%
CSI
407
Cross Staff Investments
New York
$1.49M
MFGM
408
Marshall Financial Group (Maryland)
Maryland
$1.47M +$18.7K +167 +1%
PCM
409
Price Capital Management
Louisiana
$1.47M +$1.32M +11,840 New
Mercer Global Advisors
410
Mercer Global Advisors
Colorado
$1.47M +$296K +2,651 +29%
AAS
411
Avantax Advisory Services
Texas
$1.47M +$513K +4,589 +63%
HAIM
412
Hunter Associates Investment Management
Pennsylvania
$1.47M -$172K -1,535 -11%
CIA
413
Compass Ion Advisors
Pennsylvania
$1.45M +$782 +7 +0.1%
SC
414
Sepio Capital
Utah
$1.44M -$510K -4,562 -28%
GH
415
GAM Holding
Switzerland
$1.43M +$164K +1,468 +15%
TCM
416
Tributary Capital Management
Nebraska
$1.43M -$236K -2,114 -16%
TRCT
417
Tower Research Capital (TRC)
New York
$1.42M -$583K -5,217 -31%
MMA
418
Mizuho Markets Americas
New York
$1.42M -$1.59M -14,197 -55%
NB
419
Norinchukin Bank
Japan
$1.41M +$156K +1,398 +14%
HCMT
420
Highland Capital Management (Tennessee)
Tennessee
$1.4M +$1.26M +11,251 New
IIA
421
IPG Investment Advisors
California
$1.4M +$1.25M +11,228 New
MSRPS
422
Maryland State Retirement & Pension System
Maryland
$1.39M -$177K -1,588 -12%
Focus Partners Wealth
423
Focus Partners Wealth
Massachusetts
$1.39M +$61.1K +547 +5%
SAM
424
Strategy Asset Managers
California
$1.39M +$585K +5,233 +89%
NMERB
425
New Mexico Educational Retirement Board
New Mexico
$1.38M -$22.3K -200 -2%

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.