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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
UBS AM
26
UBS AM
Illinois
$197M +$2.19M +19,576 +1%
Dimensional Fund Advisors
27
Dimensional Fund Advisors
Texas
$191M -$3.17M -28,380 -2%
Charles Schwab
28
Charles Schwab
California
$171M +$2.03M +18,143 +1%
Bank of New York Mellon
29
Bank of New York Mellon
New York
$165M -$5.45M -48,742 -4%
Handelsbanken Fonder
30
Handelsbanken Fonder
Sweden
$164M +$93M +832,100 +173%
CIBC Private Wealth Group
31
CIBC Private Wealth Group
Georgia
$158M +$1.61M +14,427 +1%
CAM
32
Close Asset Management
United Kingdom
$156M -$12.3M -109,650 -8%
UBS Group
33
UBS Group
Switzerland
$155M -$17.1M -152,856 -11%
Raymond James Financial
34
Raymond James Financial
Florida
$146M +$52M +465,028 +66%
Legal & General Group
35
Legal & General Group
United Kingdom
$140M +$1.95M +17,458 +2%
CAM
36
Congress Asset Management
Massachusetts
$138M -$18.3M -164,163 -13%
CIC
37
Chilton Investment Company
Connecticut
$135M +$6.07M +54,282 +5%
California Public Employees Retirement System
38
California Public Employees Retirement System
California
$133M -$3.57M -31,959 -3%
GC
39
Gobi Capital
California
$133M -$1.22M -10,900 -1%
Deutsche Bank
40
Deutsche Bank
Germany
$128M -$45.1M -403,481 -28%
Natixis Advisors
41
Natixis Advisors
Massachusetts
$119M +$13M +116,505 +14%
CCP
42
Clarkston Capital Partners
Michigan
$118M +$305K +2,730 +0.3%
Envestnet Asset Management
43
Envestnet Asset Management
Illinois
$99.7M +$5.21M +46,638 +6%
JP Morgan Chase
44
JP Morgan Chase
New York
$99.5M +$9.22M +82,514 +12%
Macquarie Group
45
Macquarie Group
Australia
$95.1M -$4.94M -44,197 -5%
TIA
46
Tandem Investment Advisors
South Carolina
$95.1M +$2.09M +18,677 +3%
SAM
47
Storebrand Asset Management
Norway
$91.7M -$76.6M -685,478 -48%
Swiss National Bank
48
Swiss National Bank
Switzerland
$85.3M +$55.9K +500 +0.1%
T. Rowe Price Associates
49
T. Rowe Price Associates
Maryland
$84.2M -$941K -8,418 -1%
First Trust Advisors
50
First Trust Advisors
Illinois
$81.6M -$189M -1,693,872 -72%

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.