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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
PFM
576
Phillips Financial Management
Indiana
$511K +$5.59K +50 +1%
AA
577
Advisory Alpha
Michigan
$510K +$125K +1,123 +38%
SBIA
578
Sheaff Brock Investment Advisors
Indiana
$500K +$2.01K +18 +0.4%
ST
579
Somerset Trust
Pennsylvania
$490K -$3.58K -32 -0.8%
ATC
580
Argent Trust Co
Tennessee
$490K -$32.4K -290 -7%
OWA
581
Outlook Wealth Advisors
Texas
$485K +$1.79K +16 +0.4%
MA
582
Mutual Advisors
Nebraska
$480K +$75.2K +673 +19%
BAM
583
Belpointe Asset Management
Nevada
$479K -$6.82K -61 -2%
RWA
584
River Wealth Advisors
Pennsylvania
$474K
SSW
585
Smith Shellnut Wilson
Mississippi
$465K
AWAU
586
Alliance Wealth Advisors (Utah)
Utah
$463K -$24.7K -221 -6%
HAG
587
HighPoint Advisor Group
Illinois
$461K -$40.5K -362 -8%
LWAM
588
Legacy Wealth Asset Management
Minnesota
$457K -$29.2K -261 -7%
SWP
589
Sagespring Wealth Partners
Tennessee
$454K +$408K +3,653 New
BP
590
Ballentine Partners
Massachusetts
$454K +$17.8K +159 +5%
PTC
591
Private Trust Company
Ohio
$447K +$16.4K +147 +4%
PIM
592
Plato Investment Management
Australia
$447K -$270K -2,419 -41%
WHCI
593
W.H. Cornerstone Investments
Massachusetts
$442K +$559 +5 +0.1%
FRA
594
Frank Rimerman Advisors
California
$441K +$31.4K +281 +9%
UCFA
595
United Capital Financial Advisors
Texas
$435K +$24.9K +223 +7%
CCA
596
Checchi Capital Advisers
California
$431K +$2.35K +21 +0.6%
CCA
597
Cadent Capital Advisors
Oklahoma
$427K -$167K -1,493 -30%
MIF
598
Mediolanum International Funds
Ireland
$425K +$387K +3,461 New
HI
599
Horizon Investments
North Carolina
$423K +$18.7K +167 +5%
NWMG
600
National Wealth Management Group
Ohio
$422K +$379K +3,393 New

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.