BROWN & BROWN INC

Ticker: BRO CUSIP: 115236101 Class: Common Stock

LEUTHOLD GROUP, LLC's Holding History (CIK: 0001170152)

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

Q2 2016

Shares 152,123 Value ($000) $5,700 Avg Close $16.34 Range $15.71 - $17.26

Q1 2016

Shares 132,343 Value ($000) $4,738 Avg Close $14.72 Range $12.98 - $16.48

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	152,123	$5,700	$16.34	$15.71 - $17.26
Q1 2016	132,343	$4,738	$14.72	$12.98 - $16.48