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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
New York State Teachers Retirement System (NYSTRS)
126
New York State Teachers Retirement System (NYSTRS)
New York
$12.5M
JHA
127
Jackson Hill Advisors
Texas
$12.1M +$1.15M +16,000 +9%
CS
128
Candriam SCA
Luxembourg
$12.1M -$1.54M -21,414 -10%
Baillie Gifford & Co
129
Baillie Gifford & Co
United Kingdom
$12.1M +$1.37M +19,002 +11%
VIM
130
Vancity Investment Management
British Columbia, Canada
$12M -$6.66M -92,401 -34%
Truist Financial
131
Truist Financial
North Carolina
$11.7M -$4.98M -69,132 -28%
Aberdeen Group
132
Aberdeen Group
United Kingdom
$11.6M +$315K +4,368 +3%
Creative Planning
133
Creative Planning
Kansas
$11.6M +$5.61M +77,803 +78%
State of Wisconsin Investment Board
134
State of Wisconsin Investment Board
Wisconsin
$11.4M +$1.05M +14,558 +9%
Millennium Management
135
Millennium Management
New York
$10.9M -$41.9M -581,195 -78%
Toronto Dominion Bank
136
Toronto Dominion Bank
Ontario, Canada
$10.8M +$2.73M +37,884 +29%
Squarepoint
137
Squarepoint
New York
$10.7M -$10.7M -149,129 -48%
QCM
138
Quantinno Capital Management
New York
$10.6M +$3.52M +48,870 +43%
SA
139
Sanctuary Advisors
Indiana
$10.4M +$88.7K +1,230 +0.8%
Janney Montgomery Scott
140
Janney Montgomery Scott
Pennsylvania
$10.4M +$2.09M +28,972 +22%
RRAM
141
River Road Asset Management
Kentucky
$10.2M +$11.3M +157,107 New
Manulife (Manufacturers Life Insurance)
142
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10.1M -$136M -1,886,289 -92%
QT
143
Quantbot Technologies
New York
$10M -$326K -4,519 -3%
TAMH
144
Taikang Asset Management (HK)
Hong Kong
$9.79M +$2.15M +29,791 +25%
Tudor Investment Corp
145
Tudor Investment Corp
Connecticut
$9.54M +$10.5M +146,311 New
Chevy Chase Trust
146
Chevy Chase Trust
Maryland
$9.5M -$334K -4,639 -3%
KCM
147
Kennedy Capital Management
Missouri
$9.45M +$4.1M +56,891 +65%
Vanguard Investments Australia
148
Vanguard Investments Australia
Australia
$9.44M +$10.4M +144,823 New
STCG
149
Speece Thorson Capital Group
Minnesota
$9.4M -$934K -12,964 -8%
FC
150
FORA Capital
Florida
$9.39M +$9.09M +126,152 +710%

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.