Brown & Brown, Inc. (BRO) shareholders
BRONYSEInsurance Agents, Brokers & ServiceFiscal year ends January 19
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 26, 2026Score 16/30
$71.93+1.38 (+1.96%)
Close on Nov 13, 2026Market cap $23.86BP/E 21.5Yield 0.86%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
88.6%
294M of 332M 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 Joint filing with FMR LLC (5.40%) | 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 | 7.07% | $1.50B | +14,631,866 | 1.25% |
| BlackRock, Inc. | 22,113,344 | 6.67% | $1.42B | +196,597 | 0.02% |
| Vanguard Capital Management LLC | 18,941,212 | 5.71% | $1.22B | +19,972 | 0.03% |
| FMR LLC | 18,405,749 | 5.55% | $1.18B | +2,355,053 | 0.05% |
| Principal Financial Group Inc | 15,721,830 | 4.74% | $1.01B | +113,110 | 0.50% |
| Vanguard Portfolio Management LLC | 14,631,444 | 4.41% | $938.61M | +44,968 | 0.04% |
| State Street Corp | 14,514,119 | 4.38% | $931.08M | +737,657 | 0.03% |
| Capital World Investors | 14,465,915 | 4.36% | $927.99M | −2,028,007 | 0.11% |
| Geode Capital Management, LLC | 8,230,737 | 2.48% | $526.02M | +92,584 | 0.03% |
| Van Lanschot Kempen Investment Management N.V. | 6,709,042 | 2.02% | $430.39M | +837,827 | 3.29% |
| Orbis Allan Gray Ltd | 5,371,080 | 1.62% | $344.55M | New | 1.18% |
| Select Equity Group, L.P. | 4,892,500 | 1.48% | $313.85M | −3,129,623 | 1.55% |
| Norges Bank | 4,396,401 | 1.33% | $282.03M | New | 0.03% |
| Deutsche Bank AG\ | 4,161,199 | 1.25% | $266.94M | −40,835 | 0.08% |
| Invesco Ltd. | 4,098,277 | 1.24% | $262.90M | +616,968 | 0.02% |
| Capital Research Global Investors | 3,913,022 | 1.18% | $251.02M | +21,360 | 0.04% |
| Morgan Stanley | 3,869,724 | 1.17% | $248.24M | +624,752 | 0.01% |
| Goldman Sachs Group Inc | 3,637,032 | 1.10% | $233.32M | +1,356,430 | 0.02% |
| Bank Of America Corp /De/ | 3,554,971 | 1.07% | $228.05M | −68,208 | 0.01% |
| Royal Bank of Canada | 3,471,860 | 1.05% | $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 | 88.6% | 125 / 317 | 273 / 122 | 45M | 31M |
| Q1 2026 | 814 | 280M | 84.3% | 98 / 310 | 304 / 162 | 77M | 34M |
| Q4 2025 | 888 | 275M | 82.8% | 130 / 296 | 354 / 123 | 36M | 25M |
| Q3 2025 | 896 | 264M | 79.6% | 101 / 398 | 295 / 121 | 37M | 42M |
| Q2 2025 | 930 | 270M | 81.3% | 132 / 372 | 305 / 100 | 65M | 15M |
| Q1 2025 | 910 | 220M | 66.3% | 133 / 336 | 317 / 83 | 23M | 15M |
| Q4 2024 | 873 | 215M | 64.7% | 126 / 337 | 273 / 62 | 18M | 13M |
| Q3 2024 | 820 | 210M | 63.5% | 119 / 310 | 265 / 50 | 31M | 14M |
| Q2 2024 | 757 | 211M | 63.5% | 100 / 301 | 231 / 51 | 14M | 28M |
| Q1 2024 | 716 | 225M | 67.9% | 98 / 273 | 231 / 59 | 21M | 11M |
| Q4 2023 | 684 | 216M | 65.2% | 108 / 241 | 228 / 45 | 27M | 12M |
| Q3 2023 | 628 | 202M | 60.8% | 68 / 219 | 222 / 41 | 8M | 11M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
571 funds held BRO in Q2 2026, 43% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of BRO | Value | % of fund | As of |
|---|---|---|---|---|---|
| MidCap Fund | 10,267,858 | 3.10% | $722.86M | 3.13% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 9,149,002 | 2.76% | $586.91M | 0.03% | Jun 30, 2026 |
| First Eagle Global Fund | 8,139,548 | 2.45% | $573.02M | 0.75% | Jul 31, 2026 |
| American Balanced Fund | 7,724,283 | 2.33% | $495.51M | 0.17% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 7,553,502 | 2.28% | $484.56M | 0.03% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 6,242,608 | 1.88% | $400.46M | 0.18% | Jun 30, 2026 |
| Growth Fund of America | 4,706,804 | 1.42% | $264.76M | 0.07% | May 31, 2026 |
| iShares Core S&P 500 ETF | 4,009,031 | 1.21% | $257.18M | 0.03% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 3,746,491 | 1.13% | $210.74M | 0.03% | May 31, 2026 |
| Investment Co of America | 3,706,245 | 1.12% | $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 | 0.83% | $175.76M | 0.07% | Jun 30, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 2,687,259 | 0.81% | $151.16M | 0.06% | May 31, 2026 |
| ProShares S&P 500 Dividend Aristocrats ETF | 2,352,684 | 0.71% | $132.34M | 1.20% | May 31, 2026 |
| Vanguard Mid-Cap Growth Index Fund | 2,206,901 | 0.67% | $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 | 11.40% | 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 | 0.02% | 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.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of float
5.63%
16M shares short
Days to cover
5.2
At 3M shares a day
Change since last report
+0.6%
From 16M shares
Short volume, 20 days
57.4%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Brown & Brown's stock actually held short. Settlement fails (shares not delivered on time) peaked at 68,172 shares on Aug 26, 2026 over the last 90 days.
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 |
| Hyatt J. Brown 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 |
| Hays James Charles 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 |
See a number that looks wrong?