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Francois Rochon

Giverny Capital

Francois Rochon Brown & Brown Inc stake

total: 126

Giverny Capital BRO trades

Total transactions:
7
New positions:
1
Added:
3
Reduced:
3
Held since:
2024 Q4
Held for:
7 quarters
Latest activity:
2026 Q2
According to 2026 Q2 report, Francois Rochon holds 753,288 Brown & Brown Inc (BRO) shares with a market value of roughly $48.32M accounting for 1.62% of the overall portfolio. To date, the estimated cost basis is nearly $89.32 for "buy" trades and estimated average "sell" price is $65.73. Giverny Capital first purchased BRO in 2024 Q4, initially acquiring 294,809 shares. Since the initial investment in Brown & Brown Inc (BRO), Giverny Capital has made 6 more transactions.

How many BRO shares does Francois Rochon currently hold?

According to 2026 Q2 report, Francois Rochon holds 753,288 shares of Brown & Brown Inc (BRO), valued at around $48.32M.

When did Francois Rochon buy Brown & Brown Inc (BRO)?

Francois Rochon first invested in Brown & Brown Inc (BRO) in 2024 Q4 at the reported quarter-end price of $102.02 per share.

What's the cost basis of Giverny Capital's BRO stake?

The estimated cost basis for Brown & Brown Inc (BRO) stake is around $89.32 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$89.32
Weighted AVG sell price:
$65.73

Francois Rochon's historical trades in Brown & Brown Inc

7 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2026 Q2
1.62%
753,288
$64.15
$48,323,425
-0.26% (-1,981)
-0%
2026 Q1
1.80%
755,269
$65.21
$49,251,091
-2.23% (-17,251)
-0.04%
2025 Q4
2.05%
772,520
$79.70
$61,569,844
+139.73% (+450,274)
+1.2%
2025 Q3
1.02%
322,246
$93.79
$30,223,452
+0.19% (+609)
+0%
2025 Q2
1.22%
321,637
$110.87
$35,659,894
+9.18% (+27,034)
+0.1%
2025 Q1
1.35%
294,603
$124.40
$36,648,613
-0.07% (-206)
-0%
2024 Q4
1.10%
294,809
$102.02
$30,076,414
new
+1.1%
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.