Joel Greenblatt acquired 135 Thousand Brown & Brown shares worth $11 Million. That's 0.20% of their equity portfolio (86th largest holding). The first Brown & Brown trade was made in Q1 2011. Since then Joel Greenblatt bought shares 26 more times and sold shares on thirteen occasions. The stake costed the investor $8.05 Million, netting the investor a gain of 37% so far.