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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
Bank of Montreal
101
Bank of Montreal
Ontario, Canada
$17M -$8.48M -139,086 -34%
DekaBank Deutsche Girozentrale
102
DekaBank Deutsche Girozentrale
Germany
$16.9M
DCP
103
Distillate Capital Partners
Illinois
$16.1M +$78.8K +1,292 +0.5%
Aviva
104
Aviva
United Kingdom
$16M +$90.1K +1,477 +0.6%
JHA
105
Jackson Hill Advisors
Texas
$15.9M +$3.74M +61,250 +33%
EIG
106
EdgePoint Investment Group
Ontario, Canada
$15.2M +$7.5M +123,000 +108%
LIP
107
Lighthouse Investment Partners
Florida
$15.2M +$14.4M +236,186 New
Russell Investments Group
108
Russell Investments Group
United Kingdom
$14.3M +$1.81M +29,668 +15%
Diamond Hill Capital Management
109
Diamond Hill Capital Management
Ohio
$14.3M -$2.18M -35,782 -14%
State Board of Administration of Florida Retirement System
110
State Board of Administration of Florida Retirement System
Florida
$14.1M -$397K -6,510 -3%
DDC
111
DF Dent & Co
Maryland
$13.8M -$1.1M -17,978 -8%
QCM
112
Quantinno Capital Management
New York
$13.7M +$3.2M +52,397 +32%
Ameriprise
113
Ameriprise
Minnesota
$13.4M -$6.19M -101,478 -33%
WT
114
Whittier Trust
California
$13.4M -$39.1K -641 -0.3%
SWP
115
Summit Wealth Partners
Florida
$12.9M
CS
116
Candriam SCA
Luxembourg
$12.9M +$952K +15,605 +8%
DB
117
Danske Bank
Denmark
$12.8M -$73.2K -1,200 -0.6%
LPL Financial
118
LPL Financial
California
$12.6M -$4.94M -80,937 -29%
Aberdeen Group
119
Aberdeen Group
United Kingdom
$12.4M +$895K +14,667 +8%
New York State Teachers Retirement System (NYSTRS)
120
New York State Teachers Retirement System (NYSTRS)
New York
$12.3M
Victory Capital Management
121
Victory Capital Management
Texas
$11.9M -$2.04M -33,372 -15%
HBCM
122
Heron Bay Capital Management
Michigan
$11.8M -$2.03M -33,281 -15%
Baird Financial Group
123
Baird Financial Group
Wisconsin
$11.5M -$1.5M -24,527 -12%
CA
124
Cortland Associates
Missouri
$11.5M -$13M -213,847 -54%
Truist Financial
125
Truist Financial
North Carolina
$11.4M -$162K -2,649 -1%

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.