BROWN & BROWN INC

Ticker: BRO CUSIP: 115236101 Class: Common Stock

Cheviot Value Management, LLC's Holding History (CIK: 0001427147)

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

Q4 2025

Shares 530 Value ($000) $38 Avg Close $83.36 Range $76.17 - $96.35

Q3 2025

Shares 600 Value ($000) $49 Avg Close $97.18 Range $89.80 - $110.60

Q2 2025

Shares 600 Value ($000) $56 Avg Close $111.89 Range $101.62 - $125.05

Q1 2025

Shares 600 Value ($000) $66 Avg Close $111.13 Range $99.54 - $124.34

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	530	$38	$83.36	$76.17 - $96.35
Q3 2025	600	$49	$97.18	$89.80 - $110.60
Q2 2025	600	$56	$111.89	$101.62 - $125.05
Q1 2025	600	$66	$111.13	$99.54 - $124.34