BROWN & BROWN INC

Ticker: BRO CUSIP: 115236101 Class: Common Stock

STATE OF WISCONSIN INVESTMENT BOARD's Holding History (CIK: 0000854157)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 160,455 Value ($000) $12,788 Avg Close $83.36 Range $76.17 - $96.35

Q3 2025

Shares 165,095 Value ($000) $15,484 Avg Close $97.18 Range $89.80 - $110.60

Q2 2025

Shares 177,436 Value ($000) $19,672 Avg Close $111.89 Range $101.62 - $125.05

Q1 2025

Shares 156,993 Value ($000) $19,530 Avg Close $111.13 Range $99.54 - $124.34

Q4 2024

Shares 228,444 Value ($000) $23,306 Avg Close $106.04 Range $100.21 - $113.42

Q3 2024

Shares 218,238 Value ($000) $22,609 Avg Close $98.62 Range $87.51 - $105.19

Q2 2024

Shares 196,112 Value ($000) $17,534 Avg Close $85.97 Range $79.47 - $92.90

Q1 2024

Shares 180,680 Value ($000) $15,817 Avg Close $79.49 Range $68.39 - $87.05

Q4 2023

Shares 206,558 Value ($000) $14,688 Avg Close $70.55 Range $65.78 - $75.31

Q3 2023

Shares 165,325 Value ($000) $11,546 Avg Close $70.26 Range $65.48 - $73.51

Q2 2023

Shares 139,440 Value ($000) $9,599 Avg Close $62.56 Range $56.07 - $68.16

Q1 2023

Shares 135,315 Value ($000) $7,770 Avg Close $56.43 Range $51.89 - $61.02

Q4 2022

Shares 133,102 Value ($000) $7,583 Avg Close $57.30 Range $52.69 - $62.66

Q3 2022

Shares 139,032 Value ($000) $8,409 Avg Close $61.54 Range $56.16 - $66.97

Q2 2022

Shares 189,260 Value ($000) $11,041 Avg Close $59.93 Range $51.70 - $72.04

Q1 2022

Shares 207,399 Value ($000) $14,989 Avg Close $65.38 Range $59.61 - $72.18

Q4 2021

Shares 135,401 Value ($000) $9,516 Avg Close $62.78 Range $53.93 - $68.90

Q3 2021

Shares 114,355 Value ($000) $6,341 Avg Close $54.15 Range $50.65 - $57.81

Q2 2021

Shares 117,727 Value ($000) $6,256 Avg Close $49.88 Range $44.30 - $52.77

Q1 2021

Shares 189,180 Value ($000) $8,647 Avg Close $44.44 Range $41.30 - $47.14

Q4 2020

Shares 153,637 Value ($000) $7,284 Avg Close $44.47 Range $41.53 - $47.00

Q3 2020

Shares 165,297 Value ($000) $7,483 Avg Close $43.00 Range $38.78 - $45.74

Q2 2020

Shares 136,257 Value ($000) $5,554 Avg Close $37.12 Range $31.94 - $42.11

Q1 2020

Shares 126,757 Value ($000) $4,591 Avg Close $40.59 Range $29.50 - $46.78

Q4 2019

Shares 180,487 Value ($000) $7,126 Avg Close $35.99 Range $33.47 - $38.75

Q3 2019

Shares 33,387 Value ($000) $1,204 Avg Close $34.20 Range $31.99 - $35.60

Q2 2019

Shares 33,658 Value ($000) $1,128 Avg Close $30.24 Range $28.15 - $32.00

Q1 2019

Shares 43,421 Value ($000) $1,281 Avg Close $27.17 Range $24.91 - $28.69

Q4 2018

Shares 44,781 Value ($000) $1,234 Avg Close $26.83 Range $24.42 - $28.25

Q3 2018

Shares 44,641 Value ($000) $1,320 Avg Close $28.12 Range $26.00 - $29.87

Q2 2018

Shares 44,951 Value ($000) $1,246 Avg Close $25.69 Range $22.93 - $27.05

Q1 2018

Shares 46,346 Value ($000) $1,179 Avg Close $24.58 Range $23.27 - $25.37

Q4 2017

Shares 24,056 Value ($000) $1,238 Avg Close $23.56 Range $22.50 - $24.62

Q3 2017

Shares 23,881 Value ($000) $1,151 Avg Close $20.98 Range $19.74 - $22.93

Q2 2017

Shares 23,381 Value ($000) $1,007 Avg Close $19.99 Range $19.12 - $20.80

Q1 2017

Shares 23,241 Value ($000) $970 Avg Close $20.11 Range $19.39 - $21.23

Q4 2016

Shares 63,670 Value ($000) $2,856 Avg Close $18.83 Range $16.72 - $21.16

Q3 2016

Shares 74,426 Value ($000) $2,807 Avg Close $17.08 Range $16.49 - $17.61

Q2 2016

Shares 75,826 Value ($000) $2,841 Avg Close $16.34 Range $15.71 - $17.26

Q1 2016

Shares 80,826 Value ($000) $2,894 Avg Close $14.72 Range $12.98 - $16.48

Q4 2015

Shares 84,236 Value ($000) $2,704 Avg Close $14.60 Range $13.84 - $15.12

Q3 2015

Shares 86,456 Value ($000) $2,678 Avg Close $14.92 Range $13.51 - $15.75

Q2 2015

Shares 88,896 Value ($000) $2,921 Avg Close $14.82 Range $14.29 - $15.34

Q1 2015

Shares 91,606 Value ($000) $3,033 Avg Close $14.58 Range $13.73 - $15.08

Q4 2014

Shares 94,116 Value ($000) $3,097 Avg Close $14.46 Range $13.90 - $15.05

Q3 2014

Shares 88,746 Value ($000) $2,853 Avg Close $14.20 Range $13.44 - $15.03

Q2 2014

Shares 88,146 Value ($000) $2,707 Avg Close $13.44 Range $12.61 - $13.96

Q1 2014

Shares 84,266 Value ($000) $2,592 Avg Close $13.68 Range $12.39 - $14.62

Q4 2013

Shares 84,106 Value ($000) $2,640 Avg Close $14.08 Range $12.34 - $14.94

Q3 2013

Shares 86,686 Value ($000) $2,783 Avg Close $14.46 Range $13.54 - $15.53

Q2 2013

Shares 93,396 Value ($000) $3,011 Avg Close $13.98 Range $13.22 - $14.70

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	160,455	$12,788	$83.36	$76.17 - $96.35
Q3 2025	165,095	$15,484	$97.18	$89.80 - $110.60
Q2 2025	177,436	$19,672	$111.89	$101.62 - $125.05
Q1 2025	156,993	$19,530	$111.13	$99.54 - $124.34
Q4 2024	228,444	$23,306	$106.04	$100.21 - $113.42
Q3 2024	218,238	$22,609	$98.62	$87.51 - $105.19
Q2 2024	196,112	$17,534	$85.97	$79.47 - $92.90
Q1 2024	180,680	$15,817	$79.49	$68.39 - $87.05
Q4 2023	206,558	$14,688	$70.55	$65.78 - $75.31
Q3 2023	165,325	$11,546	$70.26	$65.48 - $73.51
Q2 2023	139,440	$9,599	$62.56	$56.07 - $68.16
Q1 2023	135,315	$7,770	$56.43	$51.89 - $61.02
Q4 2022	133,102	$7,583	$57.30	$52.69 - $62.66
Q3 2022	139,032	$8,409	$61.54	$56.16 - $66.97
Q2 2022	189,260	$11,041	$59.93	$51.70 - $72.04
Q1 2022	207,399	$14,989	$65.38	$59.61 - $72.18
Q4 2021	135,401	$9,516	$62.78	$53.93 - $68.90
Q3 2021	114,355	$6,341	$54.15	$50.65 - $57.81
Q2 2021	117,727	$6,256	$49.88	$44.30 - $52.77
Q1 2021	189,180	$8,647	$44.44	$41.30 - $47.14
Q4 2020	153,637	$7,284	$44.47	$41.53 - $47.00
Q3 2020	165,297	$7,483	$43.00	$38.78 - $45.74
Q2 2020	136,257	$5,554	$37.12	$31.94 - $42.11
Q1 2020	126,757	$4,591	$40.59	$29.50 - $46.78
Q4 2019	180,487	$7,126	$35.99	$33.47 - $38.75
Q3 2019	33,387	$1,204	$34.20	$31.99 - $35.60
Q2 2019	33,658	$1,128	$30.24	$28.15 - $32.00
Q1 2019	43,421	$1,281	$27.17	$24.91 - $28.69
Q4 2018	44,781	$1,234	$26.83	$24.42 - $28.25
Q3 2018	44,641	$1,320	$28.12	$26.00 - $29.87
Q2 2018	44,951	$1,246	$25.69	$22.93 - $27.05
Q1 2018	46,346	$1,179	$24.58	$23.27 - $25.37
Q4 2017	24,056	$1,238	$23.56	$22.50 - $24.62
Q3 2017	23,881	$1,151	$20.98	$19.74 - $22.93
Q2 2017	23,381	$1,007	$19.99	$19.12 - $20.80
Q1 2017	23,241	$970	$20.11	$19.39 - $21.23
Q4 2016	63,670	$2,856	$18.83	$16.72 - $21.16
Q3 2016	74,426	$2,807	$17.08	$16.49 - $17.61
Q2 2016	75,826	$2,841	$16.34	$15.71 - $17.26
Q1 2016	80,826	$2,894	$14.72	$12.98 - $16.48
Q4 2015	84,236	$2,704	$14.60	$13.84 - $15.12
Q3 2015	86,456	$2,678	$14.92	$13.51 - $15.75
Q2 2015	88,896	$2,921	$14.82	$14.29 - $15.34
Q1 2015	91,606	$3,033	$14.58	$13.73 - $15.08
Q4 2014	94,116	$3,097	$14.46	$13.90 - $15.05
Q3 2014	88,746	$2,853	$14.20	$13.44 - $15.03
Q2 2014	88,146	$2,707	$13.44	$12.61 - $13.96
Q1 2014	84,266	$2,592	$13.68	$12.39 - $14.62
Q4 2013	84,106	$2,640	$14.08	$12.34 - $14.94
Q3 2013	86,686	$2,783	$14.46	$13.54 - $15.53
Q2 2013	93,396	$3,011	$13.98	$13.22 - $14.70