BROWN & BROWN INC

Ticker: BRO CUSIP: 115236101 Class: Common Stock

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

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

Q4 2025

Shares 225,741 Value ($000) $17,992 Avg Close $83.36 Range $76.17 - $96.35

Q3 2025

Shares 243,298 Value ($000) $22,819 Avg Close $97.18 Range $89.80 - $110.60

Q2 2025

Shares 261,767 Value ($000) $29,022 Avg Close $111.89 Range $101.62 - $125.05

Q1 2025

Shares 258,757 Value ($000) $32,189 Avg Close $111.13 Range $99.54 - $124.34

Q4 2024

Shares 260,537 Value ($000) $26,580 Avg Close $106.04 Range $100.21 - $113.42

Q3 2024

Shares 260,537 Value ($000) $26,992 Avg Close $98.62 Range $87.51 - $105.19

Q2 2024

Shares 260,537 Value ($000) $23,295 Avg Close $85.97 Range $79.47 - $92.90

Q1 2024

Shares 267,190 Value ($000) $15,342 Avg Close $79.49 Range $68.39 - $87.05

Q4 2023

Shares 260,577 Value ($000) $18,530 Avg Close $70.55 Range $65.78 - $75.31

Q3 2023

Shares 260,529 Value ($000) $18,195 Avg Close $70.26 Range $65.48 - $73.51

Q2 2023

Shares 260,169 Value ($000) $17,910 Avg Close $62.56 Range $56.07 - $68.16

Q1 2023

Shares 267,190 Value ($000) $15,342 Avg Close $56.43 Range $51.89 - $61.02

Q4 2022

Shares 267,190 Value ($000) $15,222 Avg Close $57.30 Range $52.69 - $62.66

Q3 2022

Shares 280,590 Value ($000) $16,970 Avg Close $61.54 Range $56.16 - $66.97

Q2 2022

Shares 280,590 Value ($000) $16,370 Avg Close $59.93 Range $51.70 - $72.04

Q1 2022

Shares 289,022 Value ($000) $20,888 Avg Close $65.38 Range $59.61 - $72.18

Q4 2021

Shares 291,471 Value ($000) $20,485 Avg Close $62.78 Range $53.93 - $68.90

Q3 2021

Shares 290,413 Value ($000) $16,103 Avg Close $54.15 Range $50.65 - $57.81

Q2 2021

Shares 304,901 Value ($000) $16,202 Avg Close $49.88 Range $44.30 - $52.77

Q1 2021

Shares 310,924 Value ($000) $14,212 Avg Close $44.44 Range $41.30 - $47.14

Q4 2020

Shares 340,814 Value ($000) $16,158 Avg Close $44.47 Range $41.53 - $47.00

Q3 2020

Shares 344,434 Value ($000) $15,593 Avg Close $43.00 Range $38.78 - $45.74

Q2 2020

Shares 344,434 Value ($000) $14,039 Avg Close $37.12 Range $31.94 - $42.11

Q1 2020

Shares 344,579 Value ($000) $12,481 Avg Close $40.59 Range $29.50 - $46.78

Q4 2019

Shares 337,313 Value ($000) $13,317 Avg Close $35.99 Range $33.47 - $38.75

Q3 2019

Shares 338,033 Value ($000) $12,189 Avg Close $34.20 Range $31.99 - $35.60

Q2 2019

Shares 349,428 Value ($000) $11,706 Avg Close $30.24 Range $28.15 - $32.00

Q1 2019

Shares 349,428 Value ($000) $10,312 Avg Close $27.17 Range $24.91 - $28.69

Q4 2018

Shares 350,188 Value ($000) $9,651 Avg Close $26.83 Range $24.42 - $28.25

Q3 2018

Shares 350,188 Value ($000) $10,355 Avg Close $28.12 Range $26.00 - $29.87

Q2 2018

Shares 377,038 Value ($000) $10,455 Avg Close $25.69 Range $22.93 - $27.05

Q1 2018

Shares 377,038 Value ($000) $9,592 Avg Close $24.58 Range $23.27 - $25.37

Q4 2017

Shares 192,662 Value ($000) $9,914 Avg Close $23.56 Range $22.50 - $24.62

Q3 2017

Shares 192,662 Value ($000) $9,284 Avg Close $20.98 Range $19.74 - $22.93

Q2 2017

Shares 196,682 Value ($000) $8,471 Avg Close $19.99 Range $19.12 - $20.80

Q1 2017

Shares 196,682 Value ($000) $8,206 Avg Close $20.11 Range $19.39 - $21.23

Q4 2016

Shares 196,682 Value ($000) $8,823 Avg Close $18.83 Range $16.72 - $21.16

Q3 2016

Shares 196,682 Value ($000) $7,417 Avg Close $17.08 Range $16.49 - $17.61

Q2 2016

Shares 197,482 Value ($000) $7,400 Avg Close $16.34 Range $15.71 - $17.26

Q1 2016

Shares 172,776 Value ($000) $6,185 Avg Close $14.72 Range $12.98 - $16.48

Q4 2015

Shares 172,776 Value ($000) $5,546 Avg Close $14.60 Range $13.84 - $15.12

Q3 2015

Shares 172,776 Value ($000) $5,351 Avg Close $14.92 Range $13.51 - $15.75

Q2 2015

Shares 172,776 Value ($000) $5,677 Avg Close $14.82 Range $14.29 - $15.34

Q1 2015

Shares 172,776 Value ($000) $5,721 Avg Close $14.58 Range $13.73 - $15.08

Q4 2014

Shares 184,282 Value ($000) $6,065 Avg Close $14.46 Range $13.90 - $15.05

Q3 2014

Shares 184,429 Value ($000) $5,929 Avg Close $14.20 Range $13.44 - $15.03

Q2 2014

Shares 184,441 Value ($000) $5,664 Avg Close $13.44 Range $12.61 - $13.96

Q1 2014

Shares 185,554 Value ($000) $5,708 Avg Close $13.68 Range $12.39 - $14.62

Q4 2013

Shares 201,791 Value ($000) $6,334 Avg Close $14.08 Range $12.34 - $14.94

Q3 2013

Shares 202,733 Value ($000) $6,508 Avg Close $14.46 Range $13.54 - $15.53

Q2 2013

Shares 202,581 Value ($000) $6,531 Avg Close $13.98 Range $13.22 - $14.70

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	225,741	$17,992	$83.36	$76.17 - $96.35
Q3 2025	243,298	$22,819	$97.18	$89.80 - $110.60
Q2 2025	261,767	$29,022	$111.89	$101.62 - $125.05
Q1 2025	258,757	$32,189	$111.13	$99.54 - $124.34
Q4 2024	260,537	$26,580	$106.04	$100.21 - $113.42
Q3 2024	260,537	$26,992	$98.62	$87.51 - $105.19
Q2 2024	260,537	$23,295	$85.97	$79.47 - $92.90
Q1 2024	267,190	$15,342	$79.49	$68.39 - $87.05
Q4 2023	260,577	$18,530	$70.55	$65.78 - $75.31
Q3 2023	260,529	$18,195	$70.26	$65.48 - $73.51
Q2 2023	260,169	$17,910	$62.56	$56.07 - $68.16
Q1 2023	267,190	$15,342	$56.43	$51.89 - $61.02
Q4 2022	267,190	$15,222	$57.30	$52.69 - $62.66
Q3 2022	280,590	$16,970	$61.54	$56.16 - $66.97
Q2 2022	280,590	$16,370	$59.93	$51.70 - $72.04
Q1 2022	289,022	$20,888	$65.38	$59.61 - $72.18
Q4 2021	291,471	$20,485	$62.78	$53.93 - $68.90
Q3 2021	290,413	$16,103	$54.15	$50.65 - $57.81
Q2 2021	304,901	$16,202	$49.88	$44.30 - $52.77
Q1 2021	310,924	$14,212	$44.44	$41.30 - $47.14
Q4 2020	340,814	$16,158	$44.47	$41.53 - $47.00
Q3 2020	344,434	$15,593	$43.00	$38.78 - $45.74
Q2 2020	344,434	$14,039	$37.12	$31.94 - $42.11
Q1 2020	344,579	$12,481	$40.59	$29.50 - $46.78
Q4 2019	337,313	$13,317	$35.99	$33.47 - $38.75
Q3 2019	338,033	$12,189	$34.20	$31.99 - $35.60
Q2 2019	349,428	$11,706	$30.24	$28.15 - $32.00
Q1 2019	349,428	$10,312	$27.17	$24.91 - $28.69
Q4 2018	350,188	$9,651	$26.83	$24.42 - $28.25
Q3 2018	350,188	$10,355	$28.12	$26.00 - $29.87
Q2 2018	377,038	$10,455	$25.69	$22.93 - $27.05
Q1 2018	377,038	$9,592	$24.58	$23.27 - $25.37
Q4 2017	192,662	$9,914	$23.56	$22.50 - $24.62
Q3 2017	192,662	$9,284	$20.98	$19.74 - $22.93
Q2 2017	196,682	$8,471	$19.99	$19.12 - $20.80
Q1 2017	196,682	$8,206	$20.11	$19.39 - $21.23
Q4 2016	196,682	$8,823	$18.83	$16.72 - $21.16
Q3 2016	196,682	$7,417	$17.08	$16.49 - $17.61
Q2 2016	197,482	$7,400	$16.34	$15.71 - $17.26
Q1 2016	172,776	$6,185	$14.72	$12.98 - $16.48
Q4 2015	172,776	$5,546	$14.60	$13.84 - $15.12
Q3 2015	172,776	$5,351	$14.92	$13.51 - $15.75
Q2 2015	172,776	$5,677	$14.82	$14.29 - $15.34
Q1 2015	172,776	$5,721	$14.58	$13.73 - $15.08
Q4 2014	184,282	$6,065	$14.46	$13.90 - $15.05
Q3 2014	184,429	$5,929	$14.20	$13.44 - $15.03
Q2 2014	184,441	$5,664	$13.44	$12.61 - $13.96
Q1 2014	185,554	$5,708	$13.68	$12.39 - $14.62
Q4 2013	201,791	$6,334	$14.08	$12.34 - $14.94
Q3 2013	202,733	$6,508	$14.46	$13.54 - $15.53
Q2 2013	202,581	$6,531	$13.98	$13.22 - $14.70