BRONYSEInsurance Agents, Brokers & ServiceFiscal year ends January 19
BROWN & BROWN, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 27, 2026
$69.22−0.18 (-0.26%)
Close on Oct 19, 2026
- Market cap
- $23.12B
- P/E (TTM)
- 20.7
- Dividend yield
- 0.90%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
87.8%
294M of 335M shares
Institutional holders
805
125 new, 122 sold out
Net institutional buying
14M
In Q2 2026
Insider trades, 12 months
2 buys · 0 sales
Net bought $164.12K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Vanguard Capital Management | 21,820,981 | 6.42% | 13G (passive) | Mar 31, 2026 |
| Abigail P. Johnson | 18,285,850 | 5.40% | 13G (passive) | Jun 30, 2026 |
| BlackRock, Inc. | 16,347,696 | 5.70% | 13G (passive) amendment | Dec 31, 2023 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of BRO | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| First Eagle Investment Management, LLC | 23,455,028 | 7.01% | $1.50B | +14,631,866 | 1.25% |
| BlackRock, Inc. | 22,113,344 | 6.61% | $1.42B | +196,597 | 0.02% |
| Vanguard Capital Management LLC | 18,941,212 | 5.66% | $1.22B | +19,972 | 0.03% |
| FMR LLC | 18,405,749 | 5.50% | $1.18B | +2,355,053 | 0.05% |
| Principal Financial Group Inc | 15,721,830 | 4.70% | $1.01B | +113,110 | 0.50% |
| Vanguard Portfolio Management LLC | 14,631,444 | 4.37% | $938.61M | +44,968 | 0.04% |
| State Street Corp | 14,514,119 | 4.34% | $931.08M | +737,657 | 0.03% |
| Capital World Investors | 14,465,915 | 4.32% | $927.99M | −2,028,007 | 0.11% |
| Geode Capital Management, LLC | 8,230,737 | 2.46% | $526.02M | +92,584 | 0.03% |
| Van Lanschot Kempen Investment Management N.V. | 6,709,042 | 2.01% | $430.39M | +837,827 | 3.29% |
| Orbis Allan Gray Ltd | 5,371,080 | 1.61% | $344.55M | New | 1.18% |
| Select Equity Group, L.P. | 4,892,500 | 1.46% | $313.85M | −3,129,623 | 1.55% |
| Norges Bank | 4,396,401 | 1.31% | $282.03M | New | 0.03% |
| Deutsche Bank AG\ | 4,161,199 | 1.24% | $266.94M | −40,835 | 0.08% |
| Invesco Ltd. | 4,098,277 | 1.22% | $262.90M | +616,968 | 0.02% |
| Capital Research Global Investors | 3,913,022 | 1.17% | $251.02M | +21,360 | 0.04% |
| Morgan Stanley | 3,869,724 | 1.16% | $248.24M | +624,752 | 0.01% |
| Goldman Sachs Group Inc | 3,637,032 | 1.09% | $233.32M | +1,356,430 | 0.02% |
| Bank Of America Corp /De/ | 3,554,971 | 1.06% | $228.05M | −68,208 | 0.01% |
| Royal Bank of Canada | 3,471,860 | 1.04% | $222.72M | −97,924 | 0.03% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 805 | 294M | 87.8% | 125 / 317 | 273 / 122 | 45M | 31M |
| Q1 2026 | 814 | 280M | 83.6% | 98 / 310 | 304 / 162 | 77M | 34M |
| Q4 2025 | 888 | 275M | 82.1% | 130 / 296 | 354 / 123 | 36M | 25M |
| Q3 2025 | 896 | 264M | 78.9% | 101 / 398 | 295 / 121 | 37M | 42M |
| Q2 2025 | 930 | 270M | 80.6% | 132 / 372 | 305 / 100 | 65M | 15M |
| Q1 2025 | 910 | 220M | 65.7% | 133 / 336 | 317 / 83 | 23M | 15M |
| Q4 2024 | 873 | 215M | 64.2% | 126 / 337 | 273 / 62 | 18M | 13M |
| Q3 2024 | 820 | 210M | 62.9% | 119 / 310 | 265 / 50 | 31M | 14M |
| Q2 2024 | 757 | 211M | 62.9% | 100 / 301 | 231 / 51 | 14M | 28M |
| Q1 2024 | 716 | 225M | 67.3% | 98 / 273 | 231 / 59 | 21M | 11M |
| Q4 2023 | 684 | 216M | 64.6% | 108 / 241 | 228 / 45 | 27M | 12M |
| Q3 2023 | 628 | 202M | 60.2% | 68 / 219 | 222 / 41 | 8M | 11M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of BRO | Value | % of fund | As of |
|---|---|---|---|---|---|
| MidCap Fund | 10,267,858 | 3.07% | $722.86M | 3.13% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 9,149,002 | 2.73% | $586.91M | 0.03% | Jun 30, 2026 |
| First Eagle Global Fund | 8,139,548 | 2.43% | $573.02M | 0.75% | Jul 31, 2026 |
| American Balanced Fund | 7,724,283 | 2.31% | $495.51M | 0.17% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 7,553,502 | 2.26% | $484.56M | 0.03% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 6,242,608 | 1.87% | $400.46M | 0.18% | Jun 30, 2026 |
| Growth Fund of America | 4,706,804 | 1.41% | $264.76M | 0.07% | May 31, 2026 |
| iShares Core S&P 500 ETF | 4,009,031 | 1.20% | $257.18M | 0.03% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 3,746,491 | 1.12% | $210.74M | 0.03% | May 31, 2026 |
| Investment Co of America | 3,706,245 | 1.11% | $237.76M | 0.13% | Jun 30, 2026 |
| Invesco S&P 500 Equal Weight ETF | 3,096,466 | 0.93% | $217.99M | 0.23% | Jul 31, 2026 |
| Vanguard Value Index Fund | 2,739,764 | 0.82% | $175.76M | 0.07% | Jun 30, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 2,687,259 | 0.80% | $151.16M | 0.06% | May 31, 2026 |
| ProShares S&P 500 Dividend Aristocrats ETF | 2,352,684 | 0.70% | $132.34M | 1.20% | May 31, 2026 |
| Vanguard Mid-Cap Growth Index Fund | 2,206,901 | 0.66% | $141.57M | 0.41% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| J. Powell Brown | President and CEO, Director | 262,283 | 0.08% | Mar 2, 2026 |
| Hyatt J. Brown | Chairman, Director, 10% owner | 37,825,102 | 11.30% | Dec 31, 2025 |
| Julie Turpin | EVP/Chief People Officer | 41,828 | 0.01% | Mar 2, 2026 |
| Stephen M. Boyd | EVP/Pres Spec Dist Segment | 60,568 | 0.02% | Mar 2, 2026 |
| P. Barrett Brown | Executive Vice President | 1,901,576 | 0.57% | Mar 2, 2026 |
| R. Andrew Watts | EVP, CFO and Treasurer | 93,425 | 0.03% | Mar 2, 2026 |
| Jerome Scott Penny | EVP Chief Acquisitions Officer | 79,431 | 0.02% | Mar 2, 2026 |
| Chris L. Walker | EVP/Chair Spec Dist Segment | 62,145 | 0.02% | Mar 2, 2026 |
| Stephen Patrick Hearn | EVP, COO, Pres Retail Segment | 10,385 | 0.00% | Mar 2, 2026 |
| Paul M. Gallagher | VP, Controller & CAO | 3,952 | 0.00% | Mar 2, 2026 |
| IV Charles Robert Mathis | EVP and Chief Legal Officer | 5,081 | 0.00% | May 19, 2025 |
| James S. Hunt | Director | 27,109 | 0.01% | Sep 23, 2026 |
| Joia M. Johnson | Director | 3,294 | 0.00% | Jun 10, 2026 |
| Jaymin B. Patel | Director | 6,957 | 0.00% | May 6, 2026 |
| Toni Jennings | Director | 62,631 | 0.02% | May 6, 2026 |
| Paul J. Krump | Director | 7,787 | 0.00% | May 6, 2026 |
| Wendell Reilly | Director | 238,085 | 0.07% | May 6, 2026 |
| Timothy R.M. Main | Director | 36,023 | 0.01% | May 6, 2026 |
| Theodore J. Hoepner | Director | 97,185 | 0.03% | May 6, 2026 |
| Bronislaw Edmund Masojada | Director | 10,109 | 0.00% | May 6, 2026 |
| Kathleen A. Savio | Director | 5,109 | 0.00% | May 6, 2026 |
| Lawrence L. Gellerstedt Iii | Director | 23,241 | 0.01% | May 6, 2026 |
| H. Palmer Proctor Jr | Director | 50,055 | 0.01% | May 6, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| James S. Hunt Director | Sep 21, 2026 | Gift | −5,000 | – | – | 22,109 |
| James S. Hunt Director | Sep 21, 2026 | Gift | +5,000 | – | – | 5,000 |
| Joia M. Johnson Director | Jun 9, 2026 | Buy | +860 | $58.05 | $49.92K | 860 |
| Lawrence L. Gellerstedt Iii Director | May 6, 2026 | Award | +2,434 | – | – | 23,241 |
| Timothy R.M. Main Director | May 6, 2026 | Award | +2,434 | – | – | 36,023 |
| Joia M. Johnson Director | May 6, 2026 | Award | +2,434 | – | – | 2,434 |
| James S. Hunt Director | May 6, 2026 | Award | +2,434 | – | – | 27,109 |
| Kathleen A. Savio Director | May 6, 2026 | Award | +2,434 | – | – | 5,109 |
| Theodore J. Hoepner Director | May 6, 2026 | Award | +2,434 | – | – | 72,185 |
| Bronislaw Edmund Masojada Director | May 6, 2026 | Award | +2,434 | – | – | 5,109 |
| Wendell Reilly Director | May 6, 2026 | Award | +2,434 | – | – | 42,731 |
| Jaymin B. Patel Director | May 6, 2026 | Award | +2,434 | – | – | 6,957 |
| H. Palmer Proctor Jr Director | May 6, 2026 | Award | +2,434 | – | – | 50,055 |
| Toni Jennings Director | May 6, 2026 | Award | +2,434 | – | – | 57,859 |
| Paul J. Krump Director | May 6, 2026 | Award | +2,434 | – | – | 7,787 |
| H. Palmer Proctor Jr Director | May 5, 2026 | Buy | +2,000 | $57.10 | $114.20K | 47,621 |
| Jerome Scott Penny EVP Chief Acquisitions Officer | Feb 26, 2026 | Award | +13,004 | – | – | 59,484 |
| Jerome Scott Penny EVP Chief Acquisitions Officer | Feb 26, 2026 | Award | +2,676 | – | – | 62,160 |
| Chris L. Walker EVP/Chair Spec Dist Segment | Feb 26, 2026 | Award | +13,004 | – | – | 62,145 |
| Chris L. Walker EVP/Chair Spec Dist Segment | Feb 26, 2026 | Award | +2,141 | – | – | 64,286 |
| Stephen Patrick Hearn EVP, COO, Pres Retail Segment | Feb 26, 2026 | Award | +7,137 | – | – | 10,385 |
| P. Barrett Brown Executive Vice President | Feb 26, 2026 | Award | +13,004 | – | – | 60,537 |
| J. Powell Brown President and CEO, Director | Feb 26, 2026 | Award | +78,030 | – | – | 186,193 |
| Julie Turpin EVP/Chief People Officer | Feb 26, 2026 | Award | +2,855 | – | – | 41,828 |
| Julie Turpin EVP/Chief People Officer | Feb 26, 2026 | Award | +11,704 | – | – | 38,973 |
| Stephen M. Boyd EVP/Pres Spec Dist Segment | Feb 26, 2026 | Award | +5,710 | – | – | 60,568 |
| Stephen M. Boyd EVP/Pres Spec Dist Segment | Feb 26, 2026 | Award | +10,404 | – | – | 54,858 |
| R. Andrew Watts EVP, CFO and Treasurer | Feb 26, 2026 | Award | +6,067 | – | – | 90,227 |
| R. Andrew Watts EVP, CFO and Treasurer | Feb 26, 2026 | Award | +26,010 | – | – | 84,160 |
| Paul M. Gallagher VP, Controller & CAO | Feb 26, 2026 | Award | +1,070 | – | – | 3,952 |
| J. Powell Brown President and CEO, Director | Feb 25, 2026 | Award | +17,844 | – | – | 204,037 |
| Jerome Scott Penny EVP Chief Acquisitions Officer | Feb 23, 2026 | Tax withholding | −7,058 | $69.59 | $491.17K | 272,674 |
| Chris L. Walker EVP/Chair Spec Dist Segment | Feb 23, 2026 | Tax withholding | −3,031 | $69.59 | $210.93K | 163,120 |
| J. Powell Brown President and CEO, Director | Feb 23, 2026 | Tax withholding | −44,737 | $69.59 | $3.11M | 2,881 |
| Stephen M. Boyd EVP/Pres Spec Dist Segment | Feb 23, 2026 | Tax withholding | −7,712 | $69.59 | $536.68K | 83,081 |
| Julie Turpin EVP/Chief People Officer | Feb 23, 2026 | Tax withholding | −4,418 | $69.59 | $307.45K | 41,036 |
| R. Andrew Watts EVP, CFO and Treasurer | Feb 23, 2026 | Tax withholding | −11,646 | $69.59 | $810.45K | 118,960 |
| P. Barrett Brown Executive Vice President | Feb 23, 2026 | Tax withholding | −8,440 | $69.59 | $587.34K | 1,361,925 |
| J. Powell Brown President and CEO, Director | Dec 31, 2025 | Gift | −127,034 | – | – | 1,827,556 |
| Hyatt J. Brown Chairman, Director, 10% owner | Dec 31, 2025 | Gift | −127,034 | – | – | 1,827,556 |
| P. Barrett Brown Executive Vice President | Dec 31, 2025 | Gift | −127,034 | – | – | 1,827,556 |
| R. Andrew Watts EVP, CFO and Treasurer | Dec 19, 2025 | Gift | +470 | – | – | 3,198 |
| R. Andrew Watts EVP, CFO and Treasurer | Dec 19, 2025 | Gift | −3,592 | – | – | 98,397 |
| Stephen M. Boyd EVP/Pres Spec Distribution | Dec 17, 2025 | Gift | −1,500 | – | – | 75,636 |
| Hyatt J. Brown Chairman, Director, 10% owner | Dec 15, 2025 | Gift | −1,422 | – | – | 35,997,546 |
| J. Powell Brown President and CEO, Director | Dec 15, 2025 | Gift | +474 | – | – | 2,812,487 |
| P. Barrett Brown Executive Vice President | Dec 15, 2025 | Gift | +474 | – | – | 1,351,419 |
| Paul J. Krump Director | Aug 8, 2025 | Buy | +2,678 | $93.31 | $249.88K | 5,353 |
| Bronislaw Edmund Masojada Director | Aug 6, 2025 | Buy | +1,000 | $91.44 | $91.44K | 5,000 |
| Wendell Reilly Director | May 7, 2025 | Award | +1,268 | – | – | 40,297 |
| James S. Hunt Director | May 7, 2025 | Award | +1,268 | – | – | 24,675 |
| Theodore J. Hoepner Director | May 7, 2025 | Award | +1,268 | – | – | 69,751 |
| Bronislaw Edmund Masojada Director | May 7, 2025 | Award | +1,268 | – | – | 2,675 |
| Lawrence L. Gellerstedt Iii Director | May 7, 2025 | Award | +1,268 | – | – | 20,807 |
| Jaymin B. Patel Director | May 7, 2025 | Award | +1,268 | – | – | 4,523 |
| H. Palmer Proctor Jr Director | May 7, 2025 | Award | +1,268 | – | – | 45,621 |
| Timothy R.M. Main Director | May 7, 2025 | Award | +1,268 | – | – | 33,589 |
| Paul J. Krump Director | May 7, 2025 | Award | +1,268 | – | – | 2,675 |
| Kathleen A. Savio Director | May 7, 2025 | Award | +1,268 | – | – | 2,675 |
| Toni Jennings Director | May 7, 2025 | Award | +1,268 | – | – | 55,425 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Ormond Riverside, L P Director | Nov 26, 2024 | 29,921 | $3.34M | Nov 26, 2024 | Founder Stock |
| Ormond Riverside, L P Director | Nov 25, 2024 | 389,007 | $43.47M | Nov 25, 2024 | Founder Stock |
| Brown Hyatt Director | Aug 29, 2024 | 134,640 | $14.07M | Aug 29, 2024 | Open Market Purchase |
| R. Andrew Watts Officer | Aug 8, 2024 | 2,500 | $250.81K | Aug 8, 2024 | RESTRICTED STOCK |
| James Charles Hays Director | Jun 27, 2024 | 100,000 | $9.00M | Jun 21, 2024 | Compensation |
| Julie Turpin Officer | Jun 7, 2024 | 3,350 | $301.23K | Jun 7, 2024 | PERFORMANCE SHARES |
| Ormond Riverside, L.P. Director | Mar 13, 2024 | 91,677 | $4.81M | Mar 13, 2024 | Merger/Acquisition |
| Ormond Riverside, L.P. Director | Mar 12, 2024 | 144,323 | $12.41M | Mar 12, 2024 | Merger/Acquisition |
| Stephen M. Boyd Officer | Nov 2, 2023 | 2,500 | $176.60K | Nov 2, 2023 | PERFORMANCE SHARES |