Trade of the BUY BRO · April McClain Delaney
Brown & Brown, Inc. Common Stock (BRO)
Routine managed-account rebalancing
| Inside their committee's jurisdiction |
|
0/32 |
| Isolated decision, not a bulk rebalance |
|
21/22 |
|
Small, thinly-followed company
Nobody needs inside information to buy a mega-cap.
|
|
5/10 |
| Member's own account |
|
0/8 |
| Committee chair or ranking member |
|
0/8 |
|
A name they had never held before
A first purchase is a decision; the ninth purchase of the same holding is a standing order.
|
|
0/8 |
|
Unusually large for this member
Against their own median trade, not an absolute threshold - and capped, because trades beyond 3x did worse, not better.
|
|
0/6 |
| Position size |
|
0/3 |
| Leveraged instrument (option) |
|
0/3 |
A high grade is not an allegation. Every input is public, and buying into an industry you work on daily is ordinary expertise. What the trade actually returned is deliberately excluded from this score and shown separately below.
It is also not a forecast. Measured across every settled trade, A-graded ones did not beat E-graded ones to any significant degree — the method page prints the table. This score says a trade looks like a decision rather than administration, and nothing more.
The filing it came from
filed in 11 days Inside two weeks - most of the following year was still available to anyone reading the filing.
How this position ended
| Sold | Held | Return | vs S&P | |
|---|---|---|---|---|
| 24 Feb 2026 | 214 d | -32.0% | -40.5% | part of the holding |
Closed by the member. What the member did afterwards, for context. The strategy does not act on it: exiting when members disclose selling cost 6.50 points against holding the full twelve months.
Not in the strategy. Either this purchase falls outside the member's committee jurisdiction, or the security has no usable price history to trade against.
This filing disclosed 9 transactions in total, of which 2 share this trade date (25 Jul 2025).
Few other trades share this date, so this reads as a discrete decision rather than a portfolio sweep.
Filed 05 Aug 2025 · source PDF
Same day: MKL
Price
52-week range $54.38 – $96.24. The marker is the entry: the first market open after this filing became public.
Brown & Brown, Inc.
Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally. It operates through Retail and Specialty Distribution segments. The Retail segment provides property and casualty insurance products, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control surveys and a…
| Sector | Financial Services |
| Industry | Insurance Brokers |
| Analyst range | $56 – $90 |
| Employees | 22,888 |
| Instrument | ST |
| Jurisdiction tags | financials |
Outside this member's committee jurisdiction (aerospace, agriculture, commodities, technology).
Expressing this with options
An illustration, not a recommendation: the nearest listed expiry to a twelve-month horizon, struck near the money. Chains are live — Yahoo publishes no historical chains, so this is priced today, not when the filing was made, and the move it describes may already have happened.
Loading chain…
Outcome
| Held | This trade | S&P 500 | Alpha |
|---|---|---|---|
| 1m | +3.7% | +2.9% | +0.8% |
| 3m | -14.7% | +8.0% | -22.7% |
| 6m | -18.7% | +9.7% | -28.4% |
| 12m 1yr | -21.6% | +23.5% | -45.1% |
| now 12.2 mo | -22.8% | +23.6% | -46.4% |
| 18m | — | — | — |
| 24m | — | — | — |
| 36m | — | — | — |
| 48m | — | — | — |
| 60m 5yr | — | — | — |
Measured from the first open after disclosure — the earliest anyone reading this could have acted. The highlighted now row sits at its true place in the sequence, so where it falls tells you how long the position has run. The last 5 rows are blank because those windows have not closed yet: this trade was entered 06 Aug 2025, so anything longer than that is still running.
Other congressional trades in BRO
| Grade | Date | Member | Side | Amount |
|---|---|---|---|---|
| E | 17 Apr 2026 | April McClain Delaney | sale partial | $1,001 - $15,000 |
| E | 27 Mar 2026 | Alan Armstrong | purchase | $1,001 - $15,000 |
| E | 23 Mar 2026 | Jared Moskowitz | sale | $1,001 - $15,000 |
| E | 23 Mar 2026 | Jared Moskowitz | sale | $1,001 - $15,000 |
| E | 23 Mar 2026 | Jared Moskowitz | sale | $1,001 - $15,000 |
| E | 24 Feb 2026 | April McClain Delaney | sale partial | $1,001 - $15,000 |
| C | 10 Feb 2026 | Byron Donalds | sale | $1,001 - $15,000 |
| C | 10 Feb 2026 | Byron Donalds | sale | $1,001 - $15,000 |
| E | 06 Feb 2026 | April McClain Delaney | purchase | $1,001 - $15,000 |
| E | 09 Jan 2026 | Gilbert Cisneros | sale partial | $1,001 - $15,000 |
| E | 12 Dec 2025 | April McClain Delaney | purchase | $1,001 - $15,000 |
| E | 11 Dec 2025 | Dan Newhouse | sale | $1,001 - $15,000 |
| E | 05 Dec 2025 | April McClain Delaney | purchase | $1,001 - $15,000 |
| E | 20 Nov 2025 | April McClain Delaney | purchase | $1,001 - $15,000 |
| D | 18 Nov 2025 | Gilbert Cisneros | purchase | $1,001 - $15,000 |
| E | 31 Oct 2025 | April McClain Delaney | purchase | $1,001 - $15,000 |
| D | 31 Oct 2025 | Lisa McClain | sale | $1,001 - $15,000 |
| D | 30 Oct 2025 | Lisa McClain | sale | $1,001 - $15,000 |
| D | 30 Oct 2025 | Lisa McClain | purchase | $1,001 - $15,000 |
| E | 29 Oct 2025 | April McClain Delaney | purchase | $1,001 - $15,000 |
| B | 24 Oct 2025 | Byron Donalds | purchase | $1,001 - $15,000 |
| C | 09 Oct 2025 | Byron Donalds | purchase | $1,001 - $15,000 |
| D | 09 Oct 2025 | Byron Donalds | purchase | $1,001 - $15,000 |
| E | 23 Sep 2025 | Valerie Hoyle | sale | $1,001 - $15,000 |
| E | 18 Sep 2025 | April McClain Delaney | purchase | $1,001 - $15,000 |