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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
FC
201
Forte Capital
New York
$8.71M +$10.5K +94 +0.1%
Nisa Investment Advisors
202
Nisa Investment Advisors
Missouri
$8.6M -$831K -7,435 -10%
IWA
203
IBEX Wealth Advisors
New Jersey
$8.47M +$711K +6,359 +10%
BTW
204
Boston Trust Walden
Massachusetts
$8.43M -$60.9K -545 -0.8%
Creative Planning
205
Creative Planning
Kansas
$8.31M +$181K +1,619 +2%
CIBC Asset Management
206
CIBC Asset Management
Ontario, Canada
$8.29M +$3.12M +27,961 +72%
MIM
207
MetLife Investment Management
New Jersey
$8.24M -$138K -1,237 -2%
SOMRS
208
State of Michigan Retirement System
Michigan
$8.01M -$11.2K -100 -0.2%
Osaic Holdings
209
Osaic Holdings
Arizona
$7.95M -$325K -2,912 -4%
Public Sector Pension Investment Board (PSP Investments)
210
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$7.89M +$202K +1,812 +3%
VNIM
211
Vaughan Nelson Investment Management
Texas
$7.58M +$226K +2,020 +3%
Mariner
212
Mariner
Kansas
$7.55M +$34.3K +307 +0.5%
CCIA
213
Campbell & Co Investment Adviser
Maryland
$7.55M +$6.78M +60,657 New
Aviva
214
Aviva
United Kingdom
$7.47M +$774K +6,924 +13%
CF
215
Corebridge Financial
Texas
$7.34M -$261K -2,336 -4%
LIM
216
Leavell Investment Management
Alabama
$7.23M -$157K -1,404 -2%
SFGP
217
Stonebridge Financial Group (Pennsylvania)
Pennsylvania
$7M -$18.4K -165 -0.3%
Teacher Retirement System of Texas
218
Teacher Retirement System of Texas
Texas
$6.82M -$26.2M -234,510 -81%
BAMF
219
BI Asset Management Fondsmaeglerselskab
Denmark
$6.79M +$5.19M +46,450 +569%
CNB
220
Czech National Bank
Czech Republic
$6.78M +$340K +3,047 +6%
Verition Fund Management
221
Verition Fund Management
Connecticut
$6.78M -$3.29M -29,443 -35%
HWM
222
Heirloom Wealth Management
Colorado
$6.76M +$237K +2,124 +4%
COPPSERS
223
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$6.75M +$425K +3,806 +8%
Skandinaviska Enskilda Banken (SEB)
224
Skandinaviska Enskilda Banken (SEB)
Sweden
$6.54M +$232K +2,077 +4%
ASN
225
Advisory Services Network
Georgia
$6.53M -$217K -1,943 -4%

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.