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Brown & Brown

814 hedge funds and large institutions have $18.2B invested in Brown & Brown in 2026 Q1 according to their latest regulatory filings, with 100 funds opening new positions, 308 increasing their positions, 304 reducing their positions, and 161 closing their positions.

New
Increased
Maintained
Reduced
Closed

182% more call options, than puts

Call options by funds: $33.2M | Put options by funds: $11.8M

1.93% more ownership

Funds ownership: 79.92%81.84% (+1.9%)

1% more repeat investments, than reductions

Existing positions increased: 308 | Existing positions reduced: 304

8% less funds holding

Funds holding: 887814 (-73)

16% less capital invested

Capital invested by funds: $21.7B → $18.2B (-$3.57B)

33% less funds holding in top 10

Funds holding in top 10: 128 (-4)

38% less first-time investments, than exits

New positions opened: 100 | Existing positions closed: 161

Holders
814
Holders Change
-73
Holders Change %
-8.23%
% of All Funds
9.96%
Holding in Top 10
8
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-33.33%
% of All Funds
0.1%
New
100
Increased
308
Reduced
304
Closed
161
Calls
$33.2M
Puts
$11.8M
Net Calls
+$21.4M
Net Calls Change
+$19.1M
Name Holding Trade Value Shares
Change
Change in
Stake
FAM
26
Fenimore Asset Management
New York
$145M +$2.86M +39,625 +2%
ProShare Advisors
27
ProShare Advisors
Maryland
$143M +$24.4M +338,191 +18%
UBS Group
28
UBS Group
Switzerland
$121M -$8.43M -116,893 -6%
Charles Schwab
29
Charles Schwab
California
$119M +$5.33M +73,886 +4%
Natixis Advisors
30
Natixis Advisors
Massachusetts
$115M +$29.7M +411,663 +30%
Dimensional Fund Advisors
31
Dimensional Fund Advisors
Texas
$112M -$905K -12,552 -0.7%
Jones Financial Companies
32
Jones Financial Companies
Missouri
$108M +$118M +1,633,553 +2,190%
Vanguard Fiduciary Trust
33
Vanguard Fiduciary Trust
Pennsylvania
$107M +$119M +1,646,933 New
GC
34
Gobi Capital
California
$106M +$13.9M +192,369 +13%
Renaissance Technologies
35
Renaissance Technologies
New York
$103M +$36M +499,902 +47%
Massachusetts Financial Services
36
Massachusetts Financial Services
Massachusetts
$100M +$111M +1,537,185 New
UBS AM
37
UBS AM
Illinois
$98.7M +$1.61M +22,367 +2%
PCH
38
Polar Capital Holdings
United Kingdom
$93.9M +$37.1M +515,000 +56%
Bank of New York Mellon
39
Bank of New York Mellon
New York
$90.7M +$140K +1,941 +0.1%
TIA
40
Tandem Investment Advisors
South Carolina
$77.3M -$7.69M -106,674 -8%
Two Sigma Investments
41
Two Sigma Investments
New York
$76M +$84M +1,165,284 New
RG
42
Rathbones Group
United Kingdom
$75.3M +$12.5M +173,265 +18%
Legal & General Group
43
Legal & General Group
United Kingdom
$72.5M -$30.6K -424 -0%
Verition Fund Management
44
Verition Fund Management
Connecticut
$70.9M +$11.5M +159,013 +17%
Kayne Anderson Rudnick Investment Management
45
Kayne Anderson Rudnick Investment Management
California
$67.1M -$5.66M -78,565 -7%
Citadel Advisors
46
Citadel Advisors
Florida
$64.3M +$63M +873,974 +775%
CIP
47
Champlain Investment Partners
Vermont
$63.1M -$9.45M -131,036 -12%
SAM
48
Storebrand Asset Management
Norway
$61.7M +$18.5M +256,564 +37%
Susquehanna International Group
49
Susquehanna International Group
Pennsylvania
$57M +$59.8M +829,868 +1,909%
Raymond James Financial
50
Raymond James Financial
Florida
$55.8M -$11M -152,354 -15%

BRO Hedge Fund Activity: Q1 2026 in Review

814 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q1 2026, worth a combined $18.2B — down 16% from $21.7B a quarter earlier.

Sellers outnumbered buyers: 161 funds closed out of BRO and 100 opened new positions — a net loss of 61 holders — while 304 trimmed existing stakes and 308 added.

The largest buyer was First Eagle Investment Management, opening a new position worth an estimated $636M. The largest seller was Parnassus Investments, cutting an estimated $443M.

  • 814 institutional investors held Brown & Brown (BRO) as of Q1 2026, down from 887 in Q4 2025.
  • Funds reported $18.2B of Brown & Brown stock for Q1 2026, down 16% quarter-over-quarter.
  • 100 funds opened new Brown & Brown positions in Q1 2026 and 161 closed out, a net change of -61 holders.
  • The largest Brown & Brown buyer in Q1 2026 was First Eagle Investment Management, an estimated $636M added.
  • The largest Brown & Brown seller in Q1 2026 was Parnassus Investments, an estimated $443M sold.

Based on aggregated 13F filings for Q1 2026.