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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
LWMM
726
Legacy Wealth Management (Mississippi)
Mississippi
$204K +$183K +1,640 New
CIS
727
Custom Index Systems
New York
$204K +$183K +1,637 New
OFS
728
Orrstown Financial Services
Pennsylvania
$203K +$182K +1,632 New
ANTB
729
AMG National Trust Bank
Colorado
$202K +$182K +1,626 New
MF
730
Manchester Financial
California
$202K +$182K +1,625 New
HR
731
Howe & Rusling
New York
$200K +$180K +1,610 New
FHA
732
First Horizon Advisors
Tennessee
$191K +$23.9K +214 +16%
EI
733
eCIO Inc
Wisconsin
$184K +$165K +1,478 New
LFG
734
Larson Financial Group
Missouri
$176K +$122K +1,094 +341%
TCOV
735
Trust Company of Vermont
Vermont
$174K
PC
736
Promus Capital
Illinois
$165K
CA
737
CoreCap Advisors
Michigan
$158K -$819K -7,327 -85%
GM
738
GeoWealth Management
Illinois
$150K -$100K -897 -43%
SOW
739
State of Wyoming
Wyoming
$147K +$24.4K +218 +23%
MA
740
Montag & Associates
Georgia
$146K
AWM
741
Atticus Wealth Management
Florida
$146K
SWM
742
Spire Wealth Management
Virginia
$142K -$223 -2 -0.2%
PWAM
743
Private Wealth Asset Management
Iowa
$141K +$127K +1,134 New
SIS
744
Sound Income Strategies
Florida
$137K +$223 +2 +0.2%
BIG
745
Brooklyn Investment Group
New York
$131K +$67.9K +608 +137%
CI Investments Inc
746
CI Investments Inc
Ontario, Canada
$125K -$14.2K -127 -11%
BTI
747
Blue Trust Inc
Georgia
$125K +$11.7K +105 +12%
GEA
748
Glen Eagle Advisors
New Jersey
$124K
CW
749
Curio Wealth
Maryland
$122K -$134K -1,199 -100%
PPC
750
Park Place Capital
Alabama
$119K

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.