Brown & Brown, Inc.
MX ˙ BMV ˙ US1152361010
SecurityMX:BRO / Brown & Brown, Inc.
InstitutionPanagora Asset Management Inc
Latest Disclosed Ownership9,618 shares
Latest Disclosed Value $ 627,190
Panagora Asset Management Inc reports 38.09% decrease in ownership of BRO / Brown & Brown, Inc.

On May 14, 2026 - Panagora Asset Management Inc filed a 13F-HR form disclosing ownership of 9,618 shares of Brown & Brown, Inc. (MX:BRO) valued at $627,190 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 15,535 shares of Brown & Brown, Inc.. This represents a change in shares of -38.09% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F BROWN & BROWN COM 115236101 9,618 -5,917 -38.09 627 -49.35 0.0023
2026-02-13 2025-12-31 13F BROWN & BROWN COM 115236101 15,535 -14,091 -47.56 1,238 -55.44 0.0044
2025-11-13 2025-09-30 13F BROWN & BROWN COM 115236101 29,626 14,496 95.81 2,779 65.65 0.0112
2025-08-13 2025-06-30 13F BROWN & BROWN COM 115236101 15,130 -11,630 -43.46 1,677 -49.61 0.0076
2025-05-15 2025-03-31 13F BROWN & BROWN COM 115236101 26,760 -2,949 -9.93 3,329 9.83 0.0166
2025-02-13 2024-12-31 13F BROWN & BROWN COM 115236101 29,709 4,226 16.58 3,031 14.77 0.0140
2024-11-13 2024-09-30 13F BROWN & BROWN COM 115236101 25,483 -165 -0.64 2,640 15.13 0.0126
2024-07-29 2024-06-30 13F BROWN & BROWN COM 115236101 25,648 4,439 20.93 2,293 23.55 0.0115
2024-05-07 2024-03-31 13F BROWN & BROWN COM 115236101 21,209 -581 -2.67 1,857 19.82 0.0097
2024-02-08 2023-12-31 13F BROWN & BROWN COM 115236101 21,790 -1,452 -6.25 1,549 -4.56 0.0087
2023-10-31 2023-09-30 13F BROWN & BROWN COM 115236101 23,242 -811 -3.37 1,623 -1.93 0.0101
2023-08-11 2023-06-30 13F BROWN & BROWN COM 115236101 24,053 0 0.00 1,656 19.84 0.0098
2023-05-12 2023-03-31 13F BROWN & BROWN COM 115236101 24,053 -7,368 -23.45 1,381 -22.85 0.0087
2023-02-13 2022-12-31 13F BROWN & BROWN COM 115236101 31,421 -41,225 -56.75 1,790 -59.26 0.0117
2022-11-14 2022-09-30 13F BROWN & BROWN COM 115236101 72,646 39,487 119.08 4,394 127.20 0.0305
2022-08-15 2022-06-30 13F BROWN & BROWN COM 115236101 33,159 -13 -0.04 1,934 -19.32 0.0127
2022-05-12 2022-03-31 13F BROWN & BROWN COM 115236101 33,172 9,481 40.02 2,397 43.96 0.0131
2022-02-10 2021-12-31 13F BROWN & BROWN COM 115236101 23,691 -5,770 -19.59 1,665 1.90 0.0088
2021-11-10 2021-09-30 13F BROWN & BROWN COM 115236101 29,461 11 0.04 1,634 4.41 0.0087
2021-08-11 2021-06-30 13F BROWN & BROWN COM 115236101 29,450 -14,854 -33.53 1,565 -22.72 0.0084
2021-05-12 2021-03-31 13F BROWN & BROWN COMMON 115236101 44,304 302 0.69 2,025 -2.92 0.0114
2021-02-10 2020-12-31 13F BROWN & BROWN COMMON 115236101 44,002 157 0.36 2,086 5.09 0.0123
2020-11-13 2020-09-30 13F BROWN & BROWN COMMON 115236101 43,845 28,557 186.79 1,985 218.62 0.0124
2020-08-12 2020-06-30 13F BROWN & BROWN COMMON 115236101 15,288 0 0.00 623 12.45 0.0040
2020-05-14 2020-03-31 13F BROWN & BROWN COMMON 115236101 15,288 0 0.00 554 -8.28 0.0039
2020-02-12 2019-12-31 13F BROWN & BROWN COMMON 115236101 15,288 0 0.00 604 9.62 0.0027
2019-11-12 2019-09-30 13F BROWN & BROWN COMMON 115236101 15,288 0 0.00 551 7.62 0.0025
2019-08-09 2019-06-30 13F BROWN & BROWN COMMON 115236101 15,288 -17,811 -53.81 512 -47.59 0.0023
2019-05-15 2019-03-31 13F BROWN & BROWN COMMON 115236101 33,099 0 0.00 977 7.13 0.0043
2019-02-14 2018-12-31 13F BROWN & BROWN COMMON 115236101 33,099 17,811 116.50 912 101.77 0.0042
2018-11-13 2018-09-30 13F BROWN & BROWN COMMON 115236101 15,288 0 0.00 452 6.60 0.0017
2018-08-14 2018-06-30 13F BROWN & BROWN COMMON 115236101 15,288 0 0.00 424 9.00 0.0017
2018-05-15 2018-03-31 13F BROWN & BROWN COMMON 115236101 15,288 7,644 100.00 389 -1.02 0.0015
2018-02-14 2017-12-31 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 393 6.79 0.0015
2017-11-14 2017-09-30 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 368 11.85 0.0015
2017-08-14 2017-06-30 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 329 3.13 0.0013
2017-05-15 2017-03-31 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 319 -7.00 0.0013
2017-02-14 2016-12-31 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 343 19.10 0.0016
2016-11-14 2016-09-30 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 288 0.70 0.0014
2016-08-15 2016-06-30 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 286 4.38 0.0014
2016-05-16 2016-03-31 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 274 11.84 0.0014
2016-02-12 2015-12-31 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 245 3.38 0.0012
2015-11-13 2015-09-30 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 237 -5.58 0.0013
2015-08-14 2015-06-30 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 251 -0.79 0.0013
2015-05-15 2015-03-31 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 253 0.40 0.0013
2015-02-13 2014-12-31 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 252 2.44 0.0013
2014-11-12 2014-09-30 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 246 4.68 0.0012
2014-08-14 2014-06-30 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 235 0.00 0.0011
2014-05-15 2014-03-31 13F BROWN & BROWN COMMON 115236101 7,644 0 0.00 235 -2.08 0.0011
2014-02-21 2013-12-31 13F BROWN & BROWN COMMON 115236101 7,644 -1,600 -17.31 240 -19.19 0.0011
2013-11-14 2013-09-30 13F BROWN & BROWN COMMON 115236101 9,244 0 0.00 297 -0.34 0.0015
2013-08-14 2013-06-30 13F BROWN & BROWN COMMON 115236101 9,244 9,244 298 0.0015
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.