Brown & Brown, Inc. (BRO) Ownership
BRO ownership summary
as of October 18, 2026- Institutions
- 86.3% of shares outstanding
- Insiders
- 13.28% of shares outstanding
- Shares outstanding
- 334.6M
- Float
- 287.6M shares available to trade
- Short interest
- 5.60% 14.1M shares short
- Days to cover
- 6.43 short interest up 1.8% vs prior month
- Institutions 86.30%
- Insiders 13.28%
- Other investors 0.41%
BRO top institutional holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Arnhold & S. Bleichroeder Advisers, LLC | 7.01% | 23.5M | $1.63B | +14.6M (+165.8%) | June 30, 2026 |
| 2 | BlackRock Inc | 6.61% | 22.1M | $1.53B | +196,597 (+0.9%) | June 30, 2026 |
| 3 | Vanguard Capital Management, LLC | 5.66% | 18.9M | $1.31B | +19,972 (+0.1%) | June 30, 2026 |
| 4 | FMR Inc | 5.50% | 18.4M | $1.28B | +2.4M (+14.7%) | June 30, 2026 |
| 5 | Principal Financial Group Inc | 4.70% | 15.7M | $1.09B | +113,110 (+0.7%) | June 30, 2026 |
| 6 | Vanguard Portfolio Management, LLC | 4.37% | 14.6M | $1.02B | +44,968 (+0.3%) | June 30, 2026 |
| 7 | State Street Corp | 4.34% | 14.5M | $1.01B | +737,657 (+5.4%) | June 30, 2026 |
| 8 | Capital World Investors | 4.32% | 14.5M | $1.00B | −2.0M (−12.3%) | June 30, 2026 |
| 9 | Geode Capital Management, LLC | 2.46% | 8.2M | $571.2M | +92,584 (+1.1%) | June 30, 2026 |
| 10 | Van Lanschot Kempen Investment Management NV | 2.00% | 6.7M | $465.6M | +837,827 (+14.3%) | June 30, 2026 |
| 11 | Orbis Allan Gray Ltd | 1.61% | 5.4M | $372.8M | +5.4M (0.0%) | June 30, 2026 |
| 12 | Select Equity Group LP | 1.46% | 4.9M | $339.5M | −3.1M (−39.0%) | June 30, 2026 |
| 13 | NORGES BANK | 1.31% | 4.4M | $305.1M | −2.1M (−32.2%) | June 30, 2026 |
| 14 | Deutsche Bank AG | 1.24% | 4.2M | $288.8M | −40,835 (−1.0%) | June 30, 2026 |
| 15 | Amvescap Plc. | 1.22% | 4.1M | $284.4M | +616,968 (+17.7%) | June 30, 2026 |
| 16 | Capital Research Global Investors | 1.17% | 3.9M | $271.6M | +21,360 (+0.5%) | June 30, 2026 |
| 17 | Morgan Stanley - Brokerage Accounts | 1.16% | 3.9M | $268.6M | +624,752 (+19.3%) | June 30, 2026 |
| 18 | The Goldman Sachs Group Inc | 1.09% | 3.6M | $252.4M | +1.4M (+59.5%) | June 30, 2026 |
| 19 | Bank of America Corp | 1.06% | 3.6M | $246.7M | −68,208 (−1.9%) | June 30, 2026 |
| 20 | Royal Bank of Canada | 1.04% | 3.5M | $240.9M | −97,924 (−2.7%) | June 30, 2026 |
Value at the latest close. Change = shares bought or sold in the latest quarterly filing (13F). In the top 20, 14 holders added 27.0M shares and 6 cut 7.5M.
BRO top mutual fund and ETF holders
20 largest| # | Holder | % of shares | Shares | Value | Change | Reported |
|---|---|---|---|---|---|---|
| 1 | Vanguard MStar Total Stk Mkt Idx Invest | 2.74% | 9.2M | $636.3M | −10,304 (−0.1%) | August 31, 2026 |
| 2 | Principal MidCap R5 | 2.51% | 8.4M | $583.0M | — | September 30, 2026 |
| 3 | First Eagle Global A | 2.43% | 8.1M | $564.9M | — | August 31, 2026 |
| 4 | American Funds American Balanced A | 2.31% | 7.7M | $536.1M | — | September 30, 2026 |
| 5 | Vanguard 500 Index Investor | 2.26% | 7.6M | $524.3M | −189,355 (−2.4%) | September 30, 2026 |
| 6 | Vanguard MStar Mid Cap Index Instl | 1.82% | 6.1M | $422.7M | −141,711 (−2.3%) | September 30, 2026 |
| 7 | iShares Core S&P 500 ETF | 1.15% | 3.8M | $266.1M | −6,179 (−0.2%) | September 30, 2026 |
| 8 | Fidelity 500 Index | 1.13% | 3.8M | $262.6M | +14,522 (+0.4%) | August 31, 2026 |
| 9 | State Street® SPDR® S&P 500® ETF | 1.06% | 3.5M | $245.0M | — | September 30, 2026 |
| 10 | Kempen Intl Fds MercLan Glbl Eq F | 0.93% | 3.1M | $215.0M | −18,182 (−0.6%) | August 31, 2026 |
| 11 | Invesco S&P 500® Equal Weight ETF | 0.88% | 2.9M | $204.1M | −6,080 (−0.2%) | September 30, 2026 |
| 12 | Vanguard MStar Value Index Investor | 0.81% | 2.7M | $188.0M | −44,900 (−1.6%) | September 30, 2026 |
| 13 | American Funds Growth Fd of Amer A | 0.77% | 2.6M | $179.1M | — | September 30, 2026 |
| 14 | ProShares S&P 500 Dividend Aristocrats | 0.75% | 2.5M | $174.6M | — | September 30, 2026 |
| 15 | Strategic Advisers Fidelity US TtlStk | 0.72% | 2.4M | $167.4M | +91 (+0.0%) | August 31, 2026 |
| 16 | Vanguard MStar Mid Cap Growth ETF | 0.67% | 2.2M | $155.0M | +19,617 (+0.9%) | September 30, 2026 |
| 17 | State Street®FinSelSectSPDR®ETF | 0.58% | 1.9M | $135.2M | −12,342 (−0.6%) | September 30, 2026 |
| 18 | DWS Vermögensbildungsfonds I LD | 0.52% | 1.7M | $119.9M | +1 (+0.0%) | August 31, 2026 |
| 19 | Polar Capital Global Ins A Inc | 0.52% | 1.7M | $119.7M | — | August 31, 2026 |
| 20 | Fidelity Series Large Cap Stock | 0.50% | 1.7M | $115.1M | — | August 31, 2026 |
Funds report holdings monthly or quarterly; dates differ by fund.
BRO insider transactions
latest 20| Date | Name | Transaction | Price | Shares | Value |
|---|---|---|---|---|---|
| 2026-03-23 | Ro Khanna | Sell | $66.75 | — | — |
| 2026-02-24 | Ro Khanna | Sell | $69.86 | — | — |
| 2026-02-17 | Ro Khanna | Sell | $68.83 | — | — |
| 2026-02-10 | Byron Donalds | Sell | $67.57 | — | — |
| 2026-02-06 | April McClain Delaney | Buy | $73.87 | — | — |
| 2026-01-13 | Ro Khanna | Buy | $78.97 | — | — |
| 2026-01-09 | Gilbert Ray Cisneros, Jr. | Sell | $80.63 | — | — |
| 2025-12-12 | April McClain Delaney | Buy | $81.59 | — | — |
| 2025-12-11 | Dan Newhouse | Sell | $79.53 | — | — |
| 2025-12-05 | April McClain Delaney | Buy | $78.31 | — | — |
| 2025-11-20 | April McClain Delaney | Buy | $79.66 | — | — |
| 2025-11-18 | Gilbert Ray Cisneros, Jr. | Buy | $79.97 | — | — |
| 2025-11-10 | Ro Khanna | Buy | $78.50 | — | — |
| 2025-11-03 | Ro Khanna | Buy | $77.85 | — | — |
| 2025-10-31 | April McClain Delaney | Buy | $79.81 | — | — |
| 2025-10-31 | Lisa C. McClain | Sell | $79.81 | — | — |
| 2025-10-30 | Lisa C. McClain | Sell | $80.46 | — | — |
| 2025-10-30 | Lisa C. McClain | Buy | $80.46 | — | — |
| 2025-10-29 | April McClain Delaney | Buy | $80.24 | — | — |
| 2025-10-24 | Byron Donalds | Buy | $88.03 | — | — |
Reported trades by company officers, directors and other filers (including disclosures by members of Congress where EODHD lists them). "—" where the filing gives no share count.
BRO shares outstanding
Year-end shares outstanding, adjusted for splits.
Who owns BRO
Institutional investors own 86.3% of Brown & Brown's shares and insiders 13.28%. The largest holder is Arnhold & S. Bleichroeder Advisers, LLC with 7.01% of the shares (23.5M), as of June 30, 2026. Among the top 20 institutions, 14 added shares and 6 reduced their stake in the latest filings. Short interest is 5.60% of the float, or 6.43 days of average trading volume. The share count rose 19.2% since 2014.
Related: BRO analyst forecast, BRO key metrics, BRO dividend history. See the BRO stock overview for the latest quote and news.
BRO ownership FAQ
Who owns the most Brown & Brown stock?
The largest shareholders of Brown & Brown are Arnhold & S. Bleichroeder Advisers, LLC (7.01%), BlackRock Inc (6.61%), Vanguard Capital Management, LLC (5.66%), FMR Inc (5.50%), Principal Financial Group Inc (4.70%).
What percentage of Brown & Brown is owned by institutions?
Institutions hold 86.3% of Brown & Brown's shares outstanding; insiders hold 13.28%.
Which funds own Brown & Brown?
The largest fund holders of Brown & Brown are Vanguard MStar Total Stk Mkt Idx Invest (2.74%), Principal MidCap R5 (2.51%), First Eagle Global A (2.43%), American Funds American Balanced A (2.31%), Vanguard 500 Index Investor (2.26%).
What is Brown & Brown's short interest?
14.1M shares of Brown & Brown were sold short, 5.60% of the float; at the average daily volume it would take 6.43 days to cover.
Are insiders buying or selling Brown & Brown?
Of the latest 20 reported insider transactions in Brown & Brown (since October 24, 2025), 12 were purchases and 8 were sales.
How many shares of Brown & Brown are outstanding?
Brown & Brown has 334.6M shares outstanding, of which 287.6M are in the public float.