Q3 2025 · 13F-HR
Brown Financial Advisoryholdings as filed
Filed 2025-10-27 · accession 0001843853-25-000002
$191.0M
Reported value
55
Positions
2025-09-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78464A854 | SPYM | SPDR SERIES TRUST | $80.4M | 42.1% | 1,025,811 | Common | NONE |
| 922908751 | VB | VANGUARD INDEX FDS | $30.4M | 15.9% | 119,437 | Common | NONE |
| 25434V534 | DEXC | DIMENSIONAL ETF TRUST | $20.4M | 10.7% | 359,973 | Common | NONE |
| 464287622 | IWB | ISHARES TR | $10.7M | 5.60% | 29,240 | Common | NONE |
| 78463X889 | SPDW | SPDR INDEX SHS FDS | $9.4M | 4.93% | 220,182 | Common | NONE |
| 92206C730 | VONE | VANGUARD SCOTTSDALE FDS | $3.6M | 1.87% | 11,810 | Common | NONE |
| 25434V823 | DFAR | DIMENSIONAL ETF TRUST | $3.5M | 1.82% | 145,517 | Common | NONE |
| 464287614 | IWF | ISHARES TR | $2.3M | 1.18% | 4,830 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $2.2M | 1.14% | 4,346 | Common | NONE |
| 025072703 | AVDE | AMERICAN CENTY ETF TR | $2.0M | 1.06% | 25,603 | Common | NONE |
| 78463X509 | SPEM | SPDR INDEX SHS FDS | $1.8M | 0.93% | 37,742 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $1.7M | 0.89% | 3,280 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $1.6M | 0.83% | 2,375 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $1.4M | 0.74% | 5,586 | Common | NONE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $1.2M | 0.61% | 8,250 | Common | NONE |
| 464287598 | IWD | ISHARES TR | $1.0M | 0.54% | 5,082 | Common | NONE |
| 78468R606 | SPHY | SPDR SERIES TRUST | $1.0M | 0.53% | 42,327 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $859,656 | 0.45% | 3,713 | Common | NONE |
| 46429B697 | USMV | ISHARES TR | $800,357 | 0.42% | 8,412 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $761,027 | 0.40% | 2,319 | Common | NONE |
| 316188309 | FBND | FIDELITY MERRIMACK STR TR | $660,558 | 0.35% | 14,285 | Common | NONE |
| 78468R853 | SPSM | SPDR SERIES TRUST | $625,089 | 0.33% | 13,495 | Common | NONE |
| 808524771 | FNDX | SCHWAB STRATEGIC TR | $621,921 | 0.33% | 23,647 | Common | NONE |
| 81725T100 | SXT | SENSIENT TECHNOLOGIES CORP | $617,440 | 0.32% | 6,579 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $615,352 | 0.32% | 3,298 | Common | NONE |
| 921910873 | MGC | VANGUARD WORLD FD | $569,790 | 0.30% | 2,334 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $557,928 | 0.29% | 2,541 | Common | NONE |
| 931142103 | WMT | WALMART INC | $538,630 | 0.28% | 5,226 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $511,519 | 0.27% | 768 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $501,010 | 0.26% | 1,236 | Common | NONE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $473,541 | 0.25% | 7,903 | Common | NONE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $465,054 | 0.24% | 5,087 | Common | NONE |
| 464287655 | IWM | ISHARES TR | $438,190 | 0.23% | 1,811 | Common | NONE |
| 46138J577 | BSCT | INVESCO EXCH TRD SLF IDX FD | $427,552 | 0.22% | 22,730 | Common | NONE |
| 46138J643 | BSCS | INVESCO EXCH TRD SLF IDX FD | $426,499 | 0.22% | 20,734 | Common | NONE |
| 46138J783 | BSCR | INVESCO EXCH TRD SLF IDX FD | $424,731 | 0.22% | 21,549 | Common | NONE |
| 025072604 | AVEM | AMERICAN CENTY ETF TR | $417,537 | 0.22% | 5,559 | Common | NONE |
| 78464A649 | SPAB | SPDR SERIES TRUST | $407,267 | 0.21% | 15,755 | Common | NONE |
| 46137V472 | XMHQ | INVESCO EXCHANGE TRADED FD T | $404,584 | 0.21% | 3,855 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $384,445 | 0.20% | 1,219 | Common | NONE |
| 46434V456 | IQLT | ISHARES TR | $361,411 | 0.19% | 8,179 | Common | NONE |
| 92206C102 | VGSH | VANGUARD SCOTTSDALE FDS | $353,962 | 0.19% | 6,015 | Common | NONE |
| 540424108 | L | LOEWS CORP | $339,018 | 0.18% | 3,377 | Common | NONE |
| 922908652 | VXF | VANGUARD INDEX FDS | $311,373 | 0.16% | 1,487 | Common | NONE |
| 842587107 | SO | SOUTHERN CO | $288,419 | 0.15% | 3,043 | Common | NONE |
| 92206C664 | VTWO | VANGUARD SCOTTSDALE FDS | $288,276 | 0.15% | 2,947 | Common | NONE |
| 808524300 | SCHG | SCHWAB STRATEGIC TR | $262,940 | 0.14% | 8,240 | Common | NONE |
| 78468R812 | QUS | SPDR SERIES TRUST | $257,013 | 0.13% | 1,501 | Common | NONE |
| 922908512 | VOE | VANGUARD INDEX FDS | $255,368 | 0.13% | 1,463 | Common | NONE |
| 464288521 | USRT | ISHARES TR | $250,735 | 0.13% | 4,270 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $241,628 | 0.13% | 1,804 | Common | NONE |
| 921910840 | MGV | VANGUARD WORLD FD | $218,661 | 0.11% | 1,587 | Common | NONE |
| 149123101 | CAT | CATERPILLAR INC | $217,526 | 0.11% | 456 | Common | NONE |
| 97717Y527 | USFR | WISDOMTREE TR | $207,477 | 0.11% | 4,127 | Common | NONE |
| 72201R783 | HYS | PIMCO ETF TR | $206,454 | 0.11% | 2,158 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.