GOBI CAPITAL LLC: BROWN & BROWN, INC. (BRO): Quarterly 13F Position History
As of Q1 2026, GOBI CAPITAL LLC reported 1,621,046 shares of BROWN & BROWN, INC. (BRO), worth $105.7M and representing 6.2% of its 13F equity book. Quarter-over-quarter share count change: + 192,369 (+13.5%) . The position first appeared in Q3 2024 and has been disclosed across 7 13F-HR filings in Pactolio's tracked window.
- 1,621,046Shares Held (Latest Filing)
- $105.7MReported Market Value (Latest Filing)
- 6.2%Portfolio Weight (% of 13F Equity Book)
- +192,369Quarter-over-Quarter Share Change
- -$8.2MQuarter-over-Quarter Value Change
- 1,621,046Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 7 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,621,046 | +192,369 | +13.5% | $105.7M | 6.2% | $65.2 |
| Q4 2025 | 1,428,677 | +332,474 | +30.3% | $113.9M | 5.7% | $79.7 |
| Q3 2025 | 1,096,203 | +39,499 | +3.7% | $102.8M | 5.0% | $93.8 |
| Q2 2025 | 1,056,704 | 9,233 | -0.9% | $117.2M | 5.8% | $110.9 |
| Q1 2025 | 1,065,937 | 10,900 | -1.0% | $132.6M | 7.6% | $124.4 |
| Q4 2024 | 1,076,837 | +88,842 | +9.0% | $109.9M | 6.4% | $102.0 |
| Q3 2024 | 987,995 | — | — | $102.4M | 5.9% | $103.6 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did GOBI CAPITAL LLC first disclose a BRO position in 13F-HR filings?
GOBI CAPITAL LLC first reported BROWN & BROWN, INC. (BRO) on its 13F-HR filing for the period ending 2024-09-30 (Q3 2024). The position has appeared on 7 reported quarters within Pactolio's tracked window.
What was GOBI CAPITAL LLC's most recent quarter-over-quarter share-count change in BRO?
Between Q4 2025 and Q1 2026, GOBI CAPITAL LLC added 192,369 shares of BRO (+13.5%), bringing the total reported position to 1,621,046 shares at a market value of $105.7M.
Does the implied price-per-share represent GOBI CAPITAL LLC's cost basis in BRO?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.