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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
SCM
176
Spring Capital Management
Texas
$12M -$53.4K -478 -0.5%
Lord, Abbett & Co
177
Lord, Abbett & Co
New Jersey
$11.9M +$10.7M +96,000 New
Toronto Dominion Bank
178
Toronto Dominion Bank
Ontario, Canada
$11.8M -$1.73M -15,438 -14%
STCG
179
Speece Thorson Capital Group
Minnesota
$11.7M -$2.15M -19,221 -17%
QCM
180
Quantinno Capital Management
New York
$11.6M +$2.36M +21,122 +29%
US Bancorp
181
US Bancorp
Minnesota
$11.6M +$7.03M +62,940 +209%
WIM
182
WealthPlan Investment Management
Nebraska
$11.6M -$619K -5,536 -6%
Diamond Hill Capital Management
183
Diamond Hill Capital Management
Ohio
$11.5M -$3.94M -35,248 -28%
FMC
184
First Merchants Corp
Indiana
$11.4M +$180K +1,614 +2%
Thrivent Financial for Lutherans
185
Thrivent Financial for Lutherans
Minnesota
$11M -$5.68M -50,828 -36%
MFAM
186
Motley Fool Asset Management
Virginia
$10.9M -$312K -2,790 -3%
MSV
187
MN Services Vermogensbeheer
Netherlands
$10.9M -$760K -6,800 -7%
MGWM
188
Marks Group Wealth Management
Minnesota
$10.8M -$491K -4,391 -5%
BEI
189
Benjamin Edwards Inc
Missouri
$10.8M -$727K -6,507 -7%
TC
190
TownSquare Capital
Utah
$10.8M +$432K +3,870 +5%
WTC
191
WhitTier Trust Company
Nevada
$10.6M +$421K +3,764 +5%
KK
192
KLP Kapitalforvaltning
Norway
$10.3M +$190K +1,700 +2%
Comerica Bank
193
Comerica Bank
Texas
$10.1M -$7.26K -65 -0.1%
Squarepoint
194
Squarepoint
New York
$9.97M +$3.46M +31,008 +63%
BA
195
BCM Advisors
Louisiana
$9.76M -$143K -1,277 -1%
State of New Jersey Common Pension Fund D
196
State of New Jersey Common Pension Fund D
New Jersey
$9.71M -$705K -6,311 -7%
Rafferty Asset Management
197
Rafferty Asset Management
New York
$9.68M -$663K -5,934 -7%
LF
198
Lansforsakringar Fondforvaltning
Sweden
$9.56M -$92.3K -826 -1%
HH
199
HWG Holdings
Texas
$8.77M +$26.3K +235 +0.3%
ASRS
200
Arizona State Retirement System
Arizona
$8.74M -$15.1K -135 -0.2%

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.