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Brown & Brown

883 hedge funds and large institutions have $21.7B invested in Brown & Brown in 2025 Q4 according to their latest regulatory filings, with 128 funds opening new positions, 296 increasing their positions, 353 reducing their positions, and 124 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more call options, than puts

Call options by funds: $15.5M | Put options by funds: $13.2M

3% more first-time investments, than exits

New positions opened: 128 | Existing positions closed: 124

0.46% more ownership

Funds ownership: 79.45%79.91% (+0.46%)

1% less funds holding

Funds holding: 894883 (-11)

11% less capital invested

Capital invested by funds: $24.6B → $21.7B (-$2.82B)

16% less repeat investments, than reductions

Existing positions increased: 296 | Existing positions reduced: 353

33% less funds holding in top 10

Funds holding in top 10: 1812 (-6)

Holders
883
Holders Change
-11
Holders Change %
-1.23%
% of All Funds
10.74%
Holding in Top 10
12
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-33.33%
% of All Funds
0.15%
New
128
Increased
296
Reduced
353
Closed
124
Calls
$15.5M
Puts
$13.2M
Net Calls
+$2.33M
Net Calls Change
-$7.47M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$3B +$25.4M +303,955 +0.8%
BlackRock
2
BlackRock
New York
$1.74B +$66.5M +796,956 +4%
Capital World Investors
3
Capital World Investors
California
$1.43B +$34M +407,006 +2%
Principal Financial Group
4
Principal Financial Group
Iowa
$1.22B -$4.48M -53,642 -0.3%
State Street
5
State Street
Massachusetts
$1.07B +$23.6M +282,988 +2%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$840M -$118M -1,416,698 -12%
Select Equity Group
7
Select Equity Group
New York
$752M +$280M +3,358,403 +55%
Geode Capital Management
8
Geode Capital Management
Massachusetts
$631M +$9.86M +118,225 +2%
Norges Bank
9
Norges Bank
Norway
$517M +$541M +6,484,778 New
Parnassus Investments
10
Parnassus Investments
California
$495M -$52.6M -630,126 -9%
Capital International Investors
11
Capital International Investors
California
$372M +$389M +4,663,165 New
Morgan Stanley
12
Morgan Stanley
New York
$368M -$6.21M -74,467 -2%
VLKIM
13
Van Lanschot Kempen Investment Management
Netherlands
$362M +$216M +2,589,048 +133%
Deutsche Bank
14
Deutsche Bank
Germany
$313M +$114M +1,361,934 +53%
Barclays
15
Barclays
United Kingdom
$271M +$73.7M +882,930 +35%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$271M -$124M -1,491,211 -31%
Wells Fargo
17
Wells Fargo
California
$240M -$16.3M -195,816 -6%
Invesco
18
Invesco
Georgia
$228M +$38.1M +456,412 +19%
Allspring Global Investments
19
Allspring Global Investments
North Carolina
$218M +$4.78M +57,274 +2%
Bank of America
20
Bank of America
North Carolina
$199M -$6.81M -81,645 -3%
Northern Trust
21
Northern Trust
Illinois
$196M -$12.2M -146,188 -6%
JP Morgan Chase
22
JP Morgan Chase
New York
$193M +$41M +491,131 +25%
Goldman Sachs
23
Goldman Sachs
New York
$174M +$4.64M +55,629 +3%
FAM
24
Fenimore Asset Management
New York
$174M +$2.26M +27,056 +1%
Manulife (Manufacturers Life Insurance)
25
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$163M -$22.2M -265,539 -12%