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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
US Bancorp
201
US Bancorp
Minnesota
$5.59M -$159K -2,202 -3%
Handelsbanken Fonder
202
Handelsbanken Fonder
Sweden
$5.49M +$151K +2,100 +3%
Public Sector Pension Investment Board (PSP Investments)
203
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$5.43M +$601K +8,335 +11%
Ohio Public Employees Retirement System (OPERS)
204
Ohio Public Employees Retirement System (OPERS)
Ohio
$5.39M -$303K -4,200 -5%
BNP Paribas Asset Management
205
BNP Paribas Asset Management
France
$5.33M -$14.1M -196,190 -71%
CI
206
Cooper Investors
Australia
$5.31M -$801K -11,107 -12%
CNB
207
Czech National Bank
Czech Republic
$5.2M +$166K +2,309 +3%
ASRS
208
Arizona State Retirement System
Arizona
$5.14M -$43.3K -601 -0.8%
BA
209
BCM Advisors
Louisiana
$5.09M
SOMRS
210
State of Michigan Retirement System
Michigan
$4.99M -$28.8K -400 -0.5%
Mirae Asset Global Investments
211
Mirae Asset Global Investments
South Korea
$4.81M +$1.12M +15,481 +27%
MFAM
212
Motley Fool Asset Management
Virginia
$4.76M -$319K -4,432 -6%
XT
213
XTX Topco
Cayman Islands
$4.69M +$2.18M +30,242 +72%
LA
214
LBP AM
France
$4.67M +$5.16M +71,629 New
KFA
215
Kelleher Financial Advisors
New York
$4.66M +$3.03M +42,048 New
Rafferty Asset Management
216
Rafferty Asset Management
New York
$4.64M -$1.33M -18,403 -21%
TIM
217
Triad Investment Management
California
$4.62M +$1.21M +16,763 +31%
P
218
PensionDanmark
Denmark
$4.61M -$692K -9,600 -12%
MIM
219
MetLife Investment Management
New Jersey
$4.54M -$156K -2,159 -3%
SAM
220
Sawgrass Asset Management
Florida
$4.53M -$119K -1,647 -2%
Rockefeller Capital Management
221
Rockefeller Capital Management
New York
$4.52M +$492K +6,825 +11%
CII
222
Capital International Inc
California
$4.52M +$318K +4,417 +7%
COPPSERS
223
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$4.45M -$7.28K -101 -0.1%
GC
224
Guggenheim Capital
Illinois
$4.43M -$276K -3,825 -5%
AQR Capital Management
225
AQR Capital Management
Connecticut
$4.34M -$4.95M -68,713 -51%

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.