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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
Swiss National Bank
51
Swiss National Bank
Switzerland
$55.5M +$4.19M +58,100 +7%
ESBC
52
E.S. Barr & Co
Kentucky
$53.5M +$33M +457,178 +126%
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
53
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Ontario, Canada
$50.1M -$24.7M -343,212 -31%
GC
54
Giverny Capital
Quebec, Canada
$49.3M -$1.24M -17,251 -2%
Citigroup
55
Citigroup
New York
$48.3M +$23.6M +327,552 +79%
Sumitomo Mitsui Trust Group
56
Sumitomo Mitsui Trust Group
Japan
$46.4M -$8.81M -122,155 -15%
Mitsubishi UFJ Asset Management
57
Mitsubishi UFJ Asset Management
Japan
$46.3M +$2.81M +38,999 +6%
Nordea Investment Management
58
Nordea Investment Management
Sweden
$46.3M -$2.06M -28,595 -4%
NAMI
59
Nomura Asset Management International
Pennsylvania
$46.1M -$5.14M -71,259 -9%
Royal London Asset Management
60
Royal London Asset Management
United Kingdom
$45.6M +$501K +6,948 +1%
BBHC
61
Brown Brothers Harriman & Co
New York
$43.3M -$627K -8,696 -1%
VF
62
Vest Financial
Virginia
$43.3M +$7.95M +110,311 +20%
DP
63
Dundas Partners
United Kingdom
$43M -$491K -6,813 -1%
QCMNJ
64
Quantum Capital Management (New Jersey)
New Jersey
$41.8M -$594K -8,242 -1%
Vanguard Global Advisers
65
Vanguard Global Advisers
Pennsylvania
$41.7M +$46.1M +640,186 New
Nuveen
66
Nuveen
North Carolina
$39.6M +$524K +7,271 +1%
Amundi
67
Amundi
France
$38.6M +$1.73M +23,967 +4%
Nomura Asset Management
68
Nomura Asset Management
Japan
$38.1M +$5.82M +80,720 +16%
HSBC Holdings
69
HSBC Holdings
United Kingdom
$37.6M -$2.49M -34,481 -6%
PPF
70
PFA Pension Forsikringsaktieselskab
$37.6M -$26.1K -362 -0.1%
RhumbLine Advisers
71
RhumbLine Advisers
Massachusetts
$37.4M +$356K +4,944 +0.9%
T. Rowe Price Associates
72
T. Rowe Price Associates
Maryland
$37.3M +$3.24M +44,975 +9%
SIC
73
Schwartz Investment Counsel
Michigan
$36.2M
SCM
74
Snyder Capital Management
California
$35.7M -$547K -7,589 -1%
Envestnet Asset Management
75
Envestnet Asset Management
Illinois
$34M -$7.47M -103,565 -17%

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.