Brown Financial Advisory — 13F Holdings & Portfolio
CIK 1843853 · latest 13F-HR filed 2026-07-28
Brown Financial Advisory manages $239.4M in 13F-reported U.S. long-equity assets across 49 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPYM (42.28%), VB (18.72%), DEXC (14.82%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 4 new positions, exited 4, added to 24, and trimmed 10.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
FAIRHOPE, AL 36532
$239.4M
Long-equity book
49
Distinct positions
2026-06-30
Filed 2026-07-28
+4 / −4 / ↑24 / ↓10
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- SPDR SERIES TRUST$18.6M +22.5%
- VANGUARD INDEX FDS$7.8M +21.0%
- DIMENSIONAL ETF TRUST$7.8M +28.1%
- ISHARES TR$1.4M +14.0%
- VANGUARD SCOTTSDALE FDS$917.8K +14.7%
Top Trims
- WALMART INC-$201.0K -34.2%
- VANGUARD WHITEHALL FDS-$130.5K -14.0%
- ISHARES TR-$110.9K -18.5%
- SCHWAB STRATEGIC TR-$102.9K -18.3%
- MICROSOFT CORP-$86.7K -7.2%
New Positions
- COCA COLA CONS INC$492.6K
- ALPHABET INC$235.0K
- VANGUARD INDEX FDS$229.8K
- VANGUARD INTL EQUITY INDEX F$210.4K
Exited Positions
- FIDELITY MERRIMACK STR TR$523.4K
- INVESCO EXCHANGE TRADED FD T$392.6K
- ISHARES TR$342.1K
- VANGUARD SCOTTSDALE FDS$294.4K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | SPDR SERIES TRUST | SPYM | 78464A854 | $101.2M | 42.28% | 1,151,975 | SH |
| 2 | VANGUARD INDEX FDS | VB | 922908751 | $44.8M | 18.72% | 147,831 | SH |
| 3 | DIMENSIONAL ETF TRUST | DEXC | 25434V534 | $35.5M | 14.82% | 429,629 | SH |
| 4 | ISHARES TR | IWB | 464287622 | $11.1M | 4.65% | 27,165 | SH |
| 5 | SPDR INDEX SHS FDS | SPDW | 78463X889 | $10.4M | 4.34% | 206,062 | SH |
| 6 | VANGUARD SCOTTSDALE FDS | VONE | 92206C730 | $7.2M | 3.00% | 21,172 | SH |
| 7 | AMERICAN CENTY ETF TR | AVDE | 025072703 | $2.3M | 0.95% | 25,603 | SH |
| 8 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $2.1M | 0.86% | 4,135 | SH |
| 9 | ISHARES TR | IWF | 464287614 | $2.1M | 0.86% | 16,563 | SH |
| 10 | ISHARES TR | IVV | 464287200 | $1.7M | 0.70% | 2,236 | SH |
| 11 | SPDR INDEX SHS FDS | SPEM | 78463X509 | $1.5M | 0.62% | 28,757 | SH |
| 12 | APPLE INC | AAPL | 037833100 | $1.2M | 0.51% | 4,253 | SH |
| 13 | MICROSOFT CORP | MSFT | 594918104 | $1.1M | 0.47% | 3,014 | SH |
| 14 | SPDR SERIES TRUST | SPHY | 78468R606 | $1.1M | 0.45% | 45,996 | SH |
| 15 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $1.1M | 0.45% | 15,092 | SH |
| 16 | ISHARES TR | IWD | 464287598 | $957.2K | 0.40% | 3,949 | SH |
| 17 | ABBVIE INC | ABBV | 00287Y109 | $831.3K | 0.35% | 3,303 | SH |
| 18 | VANGUARD WHITEHALL FDS | VYM | 921946406 | $801.9K | 0.33% | 5,074 | SH |
| 19 | VANGUARD INDEX FDS | VTI | 922908769 | $777.8K | 0.32% | 2,102 | SH |
| 20 | SPDR SERIES TRUST | SPSM | 78468R853 | $653.5K | 0.27% | 11,331 | SH |
| 21 | SENSIENT TECHNOLOGIES CORP | SXT | 81725T100 | $561.1K | 0.23% | 4,551 | SH |
| 22 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $555.5K | 0.23% | 744 | SH |
| 23 | AMAZON COM INC | AMZN | 023135106 | $552.5K | 0.23% | 2,318 | SH |
| 24 | ISHARES TR | IWM | 464287655 | $520.4K | 0.22% | 1,732 | SH |
| 25 | COCA COLA CONS INC | COKE | 191098102 | $492.6K | 0.21% | 2,580 | SH |
| 26 | ISHARES TR | USMV | 46429B697 | $487.5K | 0.20% | 5,054 | SH |
| 27 | NVIDIA CORPORATION | NVDA | 67066G104 | $487.5K | 0.20% | 2,436 | SH |
| 28 | VANGUARD INTL EQUITY INDEX F | VWO | 922042858 | $476.9K | 0.20% | 7,990 | SH |
| 29 | SCHWAB STRATEGIC TR | FNDX | 808524771 | $458.2K | 0.19% | 14,733 | SH |
| 30 | CATERPILLAR INC | CAT | 149123101 | $436.7K | 0.18% | 410 | SH |
| 31 | INVESCO EXCH TRD SLF IDX FD | BSCR | 46138J783 | $422.7K | 0.18% | 21,549 | SH |
| 32 | INVESCO EXCH TRD SLF IDX FD | BSCS | 46138J643 | $422.2K | 0.18% | 20,734 | SH |
| 33 | INVESCO EXCH TRD SLF IDX FD | BSCT | 46138J577 | $422.2K | 0.18% | 22,730 | SH |
| 34 | SPDR SERIES TRUST | SPAB | 78464A649 | $402.1K | 0.17% | 15,755 | SH |
| 35 | WALMART INC | WMT | 931142103 | $386.8K | 0.16% | 3,415 | SH |
| 36 | LOEWS CORP | L | 540424108 | $382.3K | 0.16% | 3,377 | SH |
| 37 | VANGUARD INDEX FDS | VXF | 922908652 | $366.2K | 0.15% | 1,487 | SH |
| 38 | VANGUARD SCOTTSDALE FDS | VTWO | 92206C664 | $357.8K | 0.15% | 2,947 | SH |
| 39 | AMERICAN CENTY ETF TR | AVEM | 025072604 | $357.6K | 0.15% | 3,706 | SH |
| 40 | HOME DEPOT INC | HD | 437076102 | $347.7K | 0.15% | 986 | SH |
| 41 | SOUTHERN CO | SO | 842587107 | $281.8K | 0.12% | 2,945 | SH |
| 42 | JPMORGAN CHASE & CO | JPM | 46625H100 | $281.1K | 0.12% | 859 | SH |
| 43 | ALPHABET INC | GOOG | 02079K107 | $271.0K | 0.11% | 767 | SH |
| 44 | VANGUARD INDEX FDS | VOE | 922908512 | $252.4K | 0.11% | 1,277 | SH |
| 45 | ALPHABET INC | GOOGL | 02079K305 | $235.0K | 0.10% | 657 | SH |
| 46 | VANGUARD INDEX FDS | VOO | 922908363 | $229.8K | 0.10% | 335 | SH |
| 47 | EXXON MOBIL CORP | XOM | 30231G102 | $222.1K | 0.09% | 1,624 | SH |
| 48 | SPDR SERIES TRUST | QUS | 78468R812 | $215.9K | 0.09% | 1,155 | SH |
| 49 | VANGUARD INTL EQUITY INDEX F | VEU | 922042775 | $210.4K | 0.09% | 2,513 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-28 | $239.4M | 49 | 0001843853-26-000004 |
| 2026-03-31 | 2026-04-27 | $201.6M | 49 | 0001843853-26-000002 |
| 2025-12-31 | 2026-01-29 | $197.9M | 56 | 0001843853-26-000001 |