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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
PCH
76
Polar Capital Holdings
United Kingdom
$52.9M +$1.4M +12,500 +3%
Corient Private Wealth
77
Corient Private Wealth
Florida
$52.8M +$1.36M +12,162 +3%
RG
78
Rathbones Group
United Kingdom
$50.6M +$14.6M +130,922 +48%
CPC
79
Cookson Peirce & Co
Pennsylvania
$49.8M -$815K -7,298 -2%
TCM
80
TimesSquare Capital Management
New York
$44.7M -$3.68M -32,910 -8%
DB
81
Danske Bank
Denmark
$44.5M +$16.5M +147,817 +70%
Stifel Financial
82
Stifel Financial
Missouri
$44.5M -$1.72M -15,368 -4%
California State Teachers Retirement System (CalSTRS)
83
California State Teachers Retirement System (CalSTRS)
California
$42.8M -$405K -3,622 -1%
Pictet Asset Management
84
Pictet Asset Management
Switzerland
$42.7M +$2.15M +19,226 +6%
National Pension Service
85
National Pension Service
South Korea
$42.5M +$148K +1,321 +0.4%
Victory Capital Management
86
Victory Capital Management
Texas
$40.3M +$2.2M +19,650 +6%
RG
87
Renaissance Group
Kentucky
$39.9M +$35.9M +320,889 New
BNP Paribas Financial Markets
88
BNP Paribas Financial Markets
France
$39.4M -$9.75M -87,275 -22%
PC
89
Port Capital
Illinois
$39.3M +$8.43M +75,483 +31%
Amundi
90
Amundi
France
$39.2M -$40.6M -363,770 -54%
FWCM
91
Ferguson Wellman Capital Management
Oregon
$38.8M +$863K +7,725 +3%
CAM
92
Cresset Asset Management
Illinois
$38.8M -$1.95M -17,431 -5%
VG
93
Visualize Group
New York
$38.1M +$15.5M +138,791 +83%
APG Asset Management
94
APG Asset Management
Netherlands
$37.5M -$6.3M -56,417 -15%
OCM
95
Osterweis Capital Management
California
$37.4M -$882K -7,897 -3%
VIM
96
Vancity Investment Management
British Columbia, Canada
$37.1M +$33.3M +297,938 New
GC
97
Giverny Capital
Quebec, Canada
$36.6M -$23K -206 -0.1%
Neuberger Berman Group
98
Neuberger Berman Group
New York
$36M +$22.3M +199,463 +221%
IIM
99
INTECH Investment Management
Florida
$35.7M -$22.1M -197,664 -41%
Allianz Asset Management
100
Allianz Asset Management
Germany
$35.6M -$15.3M -136,565 -32%

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.