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Brown & Brown

800 hedge funds and large institutions have $18B invested in Brown & Brown in 2026 Q2 according to their latest regulatory filings, with 124 funds opening new positions, 316 increasing their positions, 270 reducing their positions, and 122 closing their positions.

New
Increased
Maintained
Reduced
Closed

299% more call options, than puts

Call options by funds: $42.7M | Put options by funds: $10.7M

17% more repeat investments, than reductions

Existing positions increased: 316 | Existing positions reduced: 270

1.1% more ownership

Funds ownership: 81.84%82.94% (+1.1%)

2% more first-time investments, than exits

New positions opened: 124 | Existing positions closed: 122

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

1% less capital invested

Capital invested by funds: $18.2B → $18B (-$134M)

2% less funds holding

Funds holding: 814800 (-14)

Holders
800
Holders Change
-14
Holders Change %
-1.72%
% of All Funds
9.66%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.1%
New
124
Increased
316
Reduced
270
Closed
122
Calls
$42.7M
Puts
$10.7M
Net Calls
+$32M
Net Calls Change
+$10.5M
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Financial Markets
76
BNP Paribas Financial Markets
France
$30.9M -$1.02M -16,777 -3%
Envestnet Asset Management
77
Envestnet Asset Management
Illinois
$29.8M -$3.48M -57,126 -11%
EAM
78
EULAV Asset Management
Florida
$28.5M
AWM
79
Absher Wealth Management
North Carolina
$26.8M +$25.5M +418,399 New
CAPTRUST Financial Advisors
80
CAPTRUST Financial Advisors
North Carolina
$26.7M -$1.62M -26,485 -6%
CCP
81
Clarkston Capital Partners
Michigan
$25.4M -$1.16M -18,975 -5%
KeyBank National Association
82
KeyBank National Association
Ohio
$24.8M +$5.23M +85,799 +29%
CIM
83
Confluence Investment Management
Missouri
$24.8M -$1.14M -18,615 -5%
PC
84
PhiloSmith Capital
Connecticut
$24.1M +$1.76M +28,800 +8%
Stifel Financial
85
Stifel Financial
Missouri
$24M +$1.06M +17,371 +5%
California Public Employees Retirement System
86
California Public Employees Retirement System
California
$23.4M -$9.05M -148,326 -29%
TCM
87
TimesSquare Capital Management
New York
$22.3M -$3.31M -54,322 -14%
CAM
88
Cresset Asset Management
Illinois
$22.2M +$557K +9,123 +3%
Fuller & Thaler Asset Management
89
Fuller & Thaler Asset Management
California
$22.2M +$4.4M +72,055 +26%
AllianceBernstein
90
AllianceBernstein
Tennessee
$22M +$2.46M +40,314 +14%
Creative Planning
91
Creative Planning
Kansas
$21M +$9.17M +150,368 +85%
LPPI
92
Local Pensions Partnership Investment
United Kingdom
$20.9M -$4.88M -80,000 -20%
WP
93
Woodline Partners
California
$20.5M +$19.1M +313,436 +5,497%
Artisan Partners
94
Artisan Partners
Wisconsin
$19.6M -$12.3M -201,507 -40%
CIP
95
Champlain Investment Partners
Vermont
$19M -$41M -672,594 -69%
Mitsubishi UFJ Trust & Banking
96
Mitsubishi UFJ Trust & Banking
Japan
$18.8M -$8.86M -145,241 -33%
Assenagon Asset Management
97
Assenagon Asset Management
Luxembourg
$18.5M +$17.4M +284,692 +6,589%
State of Tennessee, Department of Treasury
98
State of Tennessee, Department of Treasury
Tennessee
$18.5M +$5.22M +85,638 +42%
ETC
99
Exchange Traded Concepts
Oklahoma
$18.2M +$9.28M +152,201 +115%
APG Asset Management
100
APG Asset Management
Netherlands
$17.6M +$2.86M +46,832 +18%

BRO Hedge Fund Activity: Q2 2026 in Review

800 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Brown & Brown (BRO) for Q2 2026, worth a combined $18B — down 0.74% from $18.2B a quarter earlier.

Buyers outnumbered sellers: 124 funds opened new BRO positions and 122 closed out — a net gain of 2 holders — while 316 added to existing stakes and 270 trimmed.

The largest buyer was Orbis Allan Gray, opening a new position worth an estimated $328M. The largest seller was Select Equity Group, cutting an estimated $191M.

  • 800 institutional investors held Brown & Brown (BRO) as of Q2 2026, down from 814 in Q1 2026.
  • Funds reported $18B of Brown & Brown stock for Q2 2026, down 0.74% quarter-over-quarter.
  • 124 funds opened new Brown & Brown positions in Q2 2026 and 122 closed out, a net change of +2 holders.
  • The largest Brown & Brown buyer in Q2 2026 was Orbis Allan Gray, an estimated $328M added.
  • The largest Brown & Brown seller in Q2 2026 was Select Equity Group, an estimated $191M sold.

Based on aggregated 13F filings for Q2 2026.