Renaissance Technologies's BRO Position Overview
Renaissance Technologies (via Renaissance Technologies LLC) currently holds 987,000 shares of Brown & Brown, Inc. (BRO) worth $92.57 M, representing 0.12% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 48 quarters.
Based on 13F filings since 2013, Renaissance Technologies has maintained a long-term strategic position in BRO, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2017, adding 2.07 M shares. Largest reduction occurred in Q1 2014, reducing 1.53 M shares.
Analysis based on 13F filings available since 2013 Q2
Renaissance Technologies's Brown & Brown (BRO) Holding Value Over Time
Track share changes against reported price movement
Quarterly Brown & Brown (BRO) Trades by Renaissance Technologies
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2013 | +257,402 | Add 0.00% | 257,400 | $16.12 |
| Q3 2013 | +1.37 M | Add 531.24% | 1.62 M | $16.05 |
| Q4 2013 | +152,000 | Add 9.35% | 1.78 M | $15.70 |
| Q1 2014 | -1.53 M | Reduce 85.94% | 249,784 | $15.38 |
| Q2 2014 | -249,784 | Sold Out | 0 | $0.00 |
| Q3 2014 | +168,200 | New Buy | 168,200 | $16.08 |
| Q4 2014 | +253,800 | Add 150.89% | 422,000 | $16.45 |
| Q1 2015 | +247,200 | Add 58.58% | 669,200 | $16.56 |
| Q2 2015 | -669,200 | Sold Out | 0 | $0.00 |
| Q4 2015 | +121,600 | New Buy | 121,600 | $16.05 |
| Q1 2016 | +309,000 | Add 254.11% | 430,600 | $17.90 |
| Q2 2016 | -356,800 | Reduce 82.86% | 73,800 | $18.74 |
| Q3 2016 | +548,600 | Add 743.36% | 622,400 | $18.85 |
| Q4 2016 | -523,200 | Reduce 84.06% | 99,200 | $22.43 |
| Q1 2017 | +2.07 M | Add 2090.12% | 2.17 M | $20.86 |
| Q2 2017 | +688,200 | Add 31.68% | 2.86 M | $21.53 |
| Q3 2017 | +21,400 | Add 0.75% | 2.88 M | $24.10 |
| Q4 2017 | +828,400 | Add 28.74% | 3.71 M | $25.73 |
| Q1 2018 | +1.88 M | Add 50.78% | 5.59 M | $25.44 |
| Q2 2018 | -550,873 | Reduce 9.85% | 5.04 M | $27.73 |
| Q3 2018 | +40,773 | Add 0.81% | 5.08 M | $29.57 |
| Q4 2018 | +267,800 | Add 5.27% | 5.35 M | $27.56 |
| Q1 2019 | -873,200 | Reduce 16.31% | 4.48 M | $29.51 |
| Q2 2019 | -829,300 | Reduce 18.51% | 3.65 M | $33.50 |
| Q3 2019 | -1.01 M | Reduce 27.59% | 2.64 M | $36.06 |
| Q4 2019 | -780,643 | Reduce 29.53% | 1.86 M | $39.48 |
| Q1 2020 | -324,100 | Reduce 17.40% | 1.54 M | $36.22 |
| Q2 2020 | -1.01 M | Reduce 65.38% | 532,600 | $40.76 |
| Q3 2020 | -505,000 | Reduce 94.82% | 27,600 | $45.25 |
| Q4 2020 | +152,100 | Add 551.09% | 179,700 | $47.41 |
| Q1 2021 | +379,300 | Add 211.07% | 559,000 | $45.71 |
| Q2 2021 | -87,500 | Reduce 15.65% | 471,500 | $53.14 |
| Q3 2021 | -39,700 | Reduce 8.42% | 431,800 | $55.45 |
| Q4 2021 | -301,300 | Reduce 69.78% | 130,500 | $70.28 |
| Q1 2022 | +247,200 | Add 189.43% | 377,700 | $72.27 |
| Q2 2022 | -377,700 | Sold Out | 0 | $0.00 |
| Q4 2022 | +413,700 | New Buy | 413,700 | $0.06 |
| Q1 2023 | -2,500 | Reduce 0.60% | 411,200 | $0.06 |
| Q2 2023 | -411,200 | Sold Out | 0 | $0.00 |
| Q3 2023 | +53,600 | New Buy | 53,600 | $69.83 |
| Q4 2023 | +335,600 | Add 626.12% | 389,200 | $71.11 |
| Q1 2024 | -389,200 | Sold Out | 0 | $0.00 |
| Q2 2024 | +192,826 | New Buy | 192,826 | $89.41 |
| Q3 2024 | +110,574 | Add 57.34% | 303,400 | $103.60 |
| Q4 2024 | -166,400 | Reduce 54.85% | 137,000 | $102.02 |
| Q1 2025 | +36,000 | Add 26.28% | 173,000 | $124.40 |
| Q2 2025 | +630,112 | Add 364.23% | 803,112 | $110.87 |
| Q3 2025 | +183,888 | Add 22.90% | 987,000 | $93.79 |
Renaissance Technologies's Brown & Brown Investment FAQs
Renaissance Technologies first purchased Brown & Brown, Inc. (BRO) in Q2 2013, acquiring 257,400 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Renaissance Technologies has held Brown & Brown, Inc. (BRO) for 48 quarters since Q2 2013.
Renaissance Technologies's largest addition to Brown & Brown, Inc. (BRO) was in Q1 2017, adding 2,172,600 shares worth $45.32 M.
According to the latest 13F filing for Q3 2025, Renaissance Technologies's firm, Renaissance Technologies LLC, owns 987,000 shares of Brown & Brown, Inc. (BRO), valued at approximately $92.57 M.
As of the Q3 2025 filing, Brown & Brown, Inc. (BRO) represents approximately 0.12% of Renaissance Technologies's publicly disclosed stock portfolio, making it one of their key holdings.
Renaissance Technologies's peak holding in Brown & Brown, Inc. (BRO) was 5,594,900 shares, as reported at the end of Q1 2018.