Joel Greenblatt acquired 137 Thousand Brown & Brown shares worth $12.3 Million. That's 0.19% of their equity portfolio (87th largest holding). The first Brown & Brown trade was made in Q1 2011. Since then Joel Greenblatt bought shares 27 more times and sold shares on thirteen occasions. The stake costed the investor $8.22 Million, netting the investor a gain of 50% so far.