Q4 2025 · 13F-HR
Brown Financial Advisoryholdings as filed
Filed 2026-01-29 · accession 0001843853-26-000001
$197.9M
Reported value
56
Positions
2025-12-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 78464A854 | SPYM | SPDR SERIES TRUST | $84.7M | 42.8% | 1,056,203 | Common | NONE |
| 922908751 | VB | VANGUARD INDEX FDS | $32.0M | 16.2% | 124,007 | Common | NONE |
| 25434V534 | DEXC | DIMENSIONAL ETF TRUST | $22.4M | 11.3% | 369,748 | Common | NONE |
| 464287622 | IWB | ISHARES TR | $10.5M | 5.30% | 28,058 | Common | NONE |
| 78463X889 | SPDW | SPDR INDEX SHS FDS | $9.2M | 4.63% | 206,217 | Common | NONE |
| 92206C730 | VONE | VANGUARD SCOTTSDALE FDS | $3.6M | 1.84% | 11,810 | Common | NONE |
| 25434V823 | DFAR | DIMENSIONAL ETF TRUST | $2.7M | 1.39% | 119,825 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $2.2M | 1.10% | 4,336 | Common | NONE |
| 025072703 | AVDE | AMERICAN CENTY ETF TR | $2.1M | 1.07% | 25,603 | Common | NONE |
| 464287614 | IWF | ISHARES TR | $2.1M | 1.04% | 4,367 | Common | NONE |
| 78463X509 | SPEM | SPDR INDEX SHS FDS | $1.8M | 0.89% | 37,742 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $1.6M | 0.81% | 3,330 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $1.6M | 0.81% | 2,336 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $1.5M | 0.77% | 5,587 | Common | NONE |
| 921946406 | VYM | VANGUARD WHITEHALL FDS | $1.2M | 0.60% | 8,250 | Common | NONE |
| 78468R606 | SPHY | SPDR SERIES TRUST | $1.0M | 0.51% | 42,978 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $848,332 | 0.43% | 3,713 | Common | NONE |
| 464287598 | IWD | ISHARES TR | $834,948 | 0.42% | 3,970 | Common | NONE |
| 46429B697 | USMV | ISHARES TR | $792,113 | 0.40% | 8,412 | Common | NONE |
| 922908769 | VTI | VANGUARD INDEX FDS | $673,558 | 0.34% | 2,009 | Common | NONE |
| 316188309 | FBND | FIDELITY MERRIMACK STR TR | $657,701 | 0.33% | 14,285 | Common | NONE |
| 808524771 | FNDX | SCHWAB STRATEGIC TR | $643,440 | 0.33% | 23,647 | Common | NONE |
| 78468R853 | SPSM | SPDR SERIES TRUST | $632,376 | 0.32% | 13,495 | Common | NONE |
| 81725T100 | SXT | SENSIENT TECHNOLOGIES CORP | $618,098 | 0.31% | 6,579 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $615,090 | 0.31% | 3,298 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $586,514 | 0.30% | 2,541 | Common | NONE |
| 921910873 | MGC | VANGUARD WORLD FD | $586,317 | 0.30% | 2,334 | Common | NONE |
| 931142103 | WMT | WALMART INC | $582,270 | 0.29% | 5,226 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $521,559 | 0.26% | 765 | Common | NONE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $493,693 | 0.25% | 7,903 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $451,281 | 0.23% | 1,311 | Common | NONE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $450,149 | 0.23% | 5,087 | Common | NONE |
| 464287655 | IWM | ISHARES TR | $445,796 | 0.23% | 1,811 | Common | NONE |
| 025072604 | AVEM | AMERICAN CENTY ETF TR | $428,155 | 0.22% | 5,559 | Common | NONE |
| 46138J577 | BSCT | INVESCO EXCH TRD SLF IDX FD | $428,120 | 0.22% | 22,730 | Common | NONE |
| 46138J643 | BSCS | INVESCO EXCH TRD SLF IDX FD | $427,121 | 0.22% | 20,734 | Common | NONE |
| 46138J783 | BSCR | INVESCO EXCH TRD SLF IDX FD | $425,378 | 0.21% | 21,549 | Common | NONE |
| 78464A649 | SPAB | SPDR SERIES TRUST | $405,692 | 0.21% | 15,755 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $392,720 | 0.20% | 1,219 | Common | NONE |
| 46137V472 | XMHQ | INVESCO EXCHANGE TRADED FD T | $388,955 | 0.20% | 3,798 | Common | NONE |
| 46434V456 | IQLT | ISHARES TR | $371,716 | 0.19% | 8,179 | Common | NONE |
| 540424108 | L | LOEWS CORP | $355,632 | 0.18% | 3,377 | Common | NONE |
| 92206C102 | VGSH | VANGUARD SCOTTSDALE FDS | $353,241 | 0.18% | 6,015 | Common | NONE |
| 922908652 | VXF | VANGUARD INDEX FDS | $311,046 | 0.16% | 1,487 | Common | NONE |
| 92206C664 | VTWO | VANGUARD SCOTTSDALE FDS | $293,286 | 0.15% | 2,947 | Common | NONE |
| 922908512 | VOE | VANGUARD INDEX FDS | $270,873 | 0.14% | 1,527 | Common | NONE |
| 808524300 | SCHG | SCHWAB STRATEGIC TR | $268,791 | 0.14% | 8,240 | Common | NONE |
| 842587107 | SO | SOUTHERN CO | $265,381 | 0.13% | 3,043 | Common | NONE |
| 78468R812 | QUS | SPDR SERIES TRUST | $261,494 | 0.13% | 1,501 | Common | NONE |
| 149123101 | CAT | CATERPILLAR INC | $261,163 | 0.13% | 456 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $251,019 | 0.13% | 800 | Common | NONE |
| 464288521 | USRT | ISHARES TR | $228,011 | 0.12% | 4,003 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $226,024 | 0.11% | 1,804 | Common | NONE |
| 921910840 | MGV | VANGUARD WORLD FD | $224,090 | 0.11% | 1,587 | Common | NONE |
| 97717Y527 | USFR | WISDOMTREE TR | $207,683 | 0.10% | 4,127 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $200,777 | 0.10% | 641 | 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.