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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
LPPI
101
Local Pensions Partnership Investment
United Kingdom
$35.3M
PP
102
Prospector Partners
Connecticut
$35.3M -$171K -1,530 -0.5%
LPL Financial
103
LPL Financial
California
$35M +$7.12M +63,724 +29%
Truist Financial
104
Truist Financial
North Carolina
$34.9M +$130K +1,163 +0.4%
Citigroup
105
Citigroup
New York
$34.8M +$8.52M +76,247 +37%
CS
106
Candriam SCA
Luxembourg
$34M +$1.95M +17,417 +7%
PC
107
PhiloSmith Capital
Connecticut
$33.9M -$2.23M -20,000 -7%
Janney Montgomery Scott
108
Janney Montgomery Scott
Pennsylvania
$33M -$3.17M -28,383 -10%
State Board of Administration of Florida Retirement System
109
State Board of Administration of Florida Retirement System
Florida
$32.2M -$199K -1,780 -0.7%
Public Employees Retirement Association of Colorado
110
Public Employees Retirement Association of Colorado
Colorado
$31.6M +$7.46M +66,800 +36%
MFWM
111
Motley Fool Wealth Management
Virginia
$31.5M -$2.7M -24,162 -9%
DekaBank Deutsche Girozentrale
112
DekaBank Deutsche Girozentrale
Germany
$30.8M -$951K -8,508 -3%
AllianceBernstein
113
AllianceBernstein
Tennessee
$30.8M +$21.7K +194 +0.1%
TD Asset Management
114
TD Asset Management
Ontario, Canada
$30.3M +$24.5K +219 +0.1%
Credit Agricole
115
Credit Agricole
France
$29.8M -$595K -5,323 -2%
Los Angeles Capital Management
116
Los Angeles Capital Management
California
$29.5M -$28.2M -252,162 -52%
Robeco Institutional Asset Management
117
Robeco Institutional Asset Management
Netherlands
$29.2M -$48.9M -437,182 -65%
Russell Investments Group
118
Russell Investments Group
United Kingdom
$26.9M +$4.43M +39,654 +22%
GAM
119
Gotham Asset Management
New York
$26.7M +$1.34M +11,963 +6%
MFS
120
Mirabella Financial Services
United Kingdom
$26.1M +$21.4M +191,769 +1,077%
New York State Teachers Retirement System (NYSTRS)
121
New York State Teachers Retirement System (NYSTRS)
New York
$25.9M -$434K -3,880 -2%
VOYA Investment Management
122
VOYA Investment Management
Georgia
$25.4M +$4.16M +37,240 +22%
SWP
123
Summit Wealth Partners
Florida
$25.1M -$2.23M -20,000 -9%
National Bank of Canada
124
National Bank of Canada
Quebec, Canada
$24.1M +$455K +4,074 +2%
ZIG
125
Zurich Insurance Group
Switzerland
$24M -$26M -232,926 -55%

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.