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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
Ameriprise
101
Ameriprise
Minnesota
$20.3M +$2.68M +37,170 +14%
Federated Hermes
102
Federated Hermes
Pennsylvania
$20M +$21.2M +294,440 +2,434%
KeyBank National Association
103
KeyBank National Association
Ohio
$19.6M +$20.6M +285,098 +1,865%
LPL Financial
104
LPL Financial
California
$18.1M -$29.8K -413 -0.1%
Fuller & Thaler Asset Management
105
Fuller & Thaler Asset Management
California
$17.8M +$15.4M +213,304 +353%
DekaBank Deutsche Girozentrale
106
DekaBank Deutsche Girozentrale
Germany
$17.3M
Diamond Hill Capital Management
107
Diamond Hill Capital Management
Ohio
$16.9M +$12.9M +179,230 +225%
DCP
108
Distillate Capital Partners
Illinois
$16.3M +$5.93M +82,303 +49%
Aviva
109
Aviva
United Kingdom
$16.1M +$553K +7,671 +3%
Marshall Wace
110
Marshall Wace
United Kingdom
$16.1M +$17.1M +237,920 +2,823%
Pictet Asset Management
111
Pictet Asset Management
Switzerland
$15.6M -$1.38M -19,123 -7%
DDC
112
DF Dent & Co
Maryland
$15.2M -$11.1M -154,157 -40%
APG Asset Management
113
APG Asset Management
Netherlands
$15.1M +$361K +5,012 +2%
Mackenzie Financial
114
Mackenzie Financial
Ontario, Canada
$14.8M +$3.85M +53,400 +31%
State Board of Administration of Florida Retirement System
115
State Board of Administration of Florida Retirement System
Florida
$14.7M
Victory Capital Management
116
Victory Capital Management
Texas
$14.2M +$5.46M +75,703 +53%
HBCM
117
Heron Bay Capital Management
Michigan
$14.2M +$9.26M +128,412 +144%
Baird Financial Group
118
Baird Financial Group
Wisconsin
$13.3M +$1.65M +22,844 +13%
State of Tennessee, Department of Treasury
119
State of Tennessee, Department of Treasury
Tennessee
$13.2M
SWP
120
Summit Wealth Partners
Florida
$13.2M
DB
121
Danske Bank
Denmark
$13.1M -$101K -1,400 -0.7%
WT
122
Whittier Trust
California
$13.1M +$1.18M +16,310 +9%
FAF
123
Fjarde Ap-fonden
Sweden
$13M +$4.85M +67,350 +51%
Russell Investments Group
124
Russell Investments Group
United Kingdom
$12.6M -$8.99M -124,707 -39%
ROC
125
Running Oak Capital
Minnesota
$12.6M +$1.84M +25,552 +15%

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.