Brown Advisory Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Brown Advisory Inc. reported 1,329 stock positions worth $78.8 billion. Its top holding was Microsoft (MSFT) at 6.1% of the portfolio, followed by Amazon.com (AMZN, 3.9%) and Nvidia (NVDA, 3.4%). Compared with Q3 2024, it opened 131 new positions, sold out of 59, added to 482 and reduced 560. The biggest buy was a new position in Brown Flex Equity ETF (BAFE) and the biggest sale Idexx Laboratories (IDXX, shares −89%).
- Most Recent 13F
- Q2 2026
- Location
- BALTIMORE, MD
- CIK
- 0001345929
- Portfolio Value
- $78.8B (Q4 2024)
- SEC Filing
- 0001085146-25-001491 ↗ filed Feb 14, 2025
Holdings Value
Holdings 1,329 stocks · $78.8B
| MSFT Microsoft Corp. | 6.09% | 11,392,605 | $4.8B | Reduce -4.2% |
| AMZN Amazon.com Inc. | 3.87% | 13,899,337 | $3.0B | Reduce -1.1% |
| NVDA Nvidia Corp. | 3.39% | 19,886,618 | $2.7B | Reduce -7.7% |
| V Visa Inc. Class A | 2.95% | 7,347,416 | $2.3B | Reduce -6.5% |
| MRVL Marvell Technology Inc. | 2.64% | 18,876,635 | $2.1B | Reduce -11.8% |
| INTU Intuit Inc. | 2.54% | 3,192,335 | $2.0B | Reduce -6.2% |
| GOOG Alphabet Inc. Class C | 2.38% | 9,864,793 | $1.9B | Add +0.2% |
| MA Mastercard Inc. Class A | 2.32% | 3,471,069 | $1.8B | Reduce -5.8% |
| KKR KKR & Co. Inc. | 2.03% | 10,834,722 | $1.6B | Reduce -3.8% |
| NOW ServiceNow Inc. | 1.95% | 1,452,737 | $1.5B | Reduce -15.4% |
| GOOGL Alphabet Inc. Class A | 1.83% | 7,614,412 | $1.4B | Reduce -7.4% |
| PGR Progressive Corp. | 1.66% | 5,472,929 | $1.3B | Reduce -5.6% |
| AAPL Apple Inc. | 1.47% | 4,624,216 | $1.2B | Reduce -3.6% |
| GE General Electric filed as GE AEROSPACE | 1.29% | 6,097,319 | $1.0B | Add +3.6% |
| UBER Uber Technologies Inc. | 1.29% | 16,801,190 | $1.0B | Reduce -4.1% |
| BAFE Brown Flex Equity ETF | 1.25% | 39,492,630 | $985.5M | New |
| TSM Taiwan Semiconductor-SP ADR | 1.18% | 4,721,051 | $932.4M | Reduce -7.2% |
| ISRG Intuitive Surgical Inc. | 1.16% | 1,746,131 | $911.4M | Add +5.8% |
| WDAY Workday Inc. Class A | 1.16% | 3,530,701 | $911.0M | Add +1.5% |
| ADSK Autodesk Inc. | 1.14% | 3,037,601 | $897.8M | Reduce -5.9% |
| CDNS Cadence Design SYS Inc. | 1.14% | 2,982,877 | $896.2M | Add +0.2% |
| DHR Danaher Corp. | 1.10% | 3,780,102 | $867.7M | Reduce -5.2% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.06% | 2,957,633 | $839.5M | Add +9.7% |
| WST West Pharmaceutical Services | 1.06% | 2,552,036 | $835.9M | Add +11.7% |
| IVV iShares Core S&P 500 ETF | 0.98% | 1,306,763 | $769.3M | Add +2.5% |
| DT Dynatrace Inc. | 0.97% | 14,115,443 | $767.2M | Reduce -3.9% |
| VLTO Veralto Corp. | 0.88% | 6,794,554 | $692.0M | Reduce -2.7% |
| ZTS Zoetis Inc. | 0.85% | 4,095,796 | $667.3M | Reduce -5.4% |
| ARES Ares Management Corp. Class A | 0.84% | 3,727,597 | $659.9M | Add +8.8% |
| EW Edwards Lifesciences Corp. | 0.77% | 8,155,355 | $603.7M | Add +7.6% |
| ABNB Airbnb Inc. Class A | 0.77% | 4,590,606 | $603.3M | Reduce -4.2% |
| MPWR Monolithic Power Systems Inc. | 0.74% | 986,005 | $583.4M | Add +0.5% |
| BKNG Booking Holdings Inc. | 0.73% | 115,731 | $575.0M | Reduce -13.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.72% | 1,951,981 | $565.7M | Add +12.8% |
| COST Costco Wholesale Corp. | 0.70% | 603,899 | $553.3M | Reduce -7.8% |
| ADBE Adobe Inc. | 0.69% | 1,221,420 | $543.1M | Reduce -4.5% |
| KLAC KLA Corp. | 0.68% | 853,250 | $537.7M | Add +19.1% |
| CMG Chipotle Mexican Grill Inc. | 0.66% | 8,661,085 | $522.3M | Reduce -4.0% |
| VRSK Verisk Analytics Inc. | 0.66% | 1,887,138 | $519.8M | Reduce -1.4% |
| TMO Thermo Fisher Scientific Inc. | 0.66% | 998,175 | $519.3M | Reduce -38.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.65% | 1,135,329 | $514.6M | Reduce -8.5% |
| MSCI MSCI Inc. | 0.63% | 828,709 | $497.2M | Reduce -8.2% |
| META Meta Platforms Inc. Class A | 0.55% | 743,190 | $435.1M | Reduce -10.6% |
| A Agilent Technologies Inc. | 0.54% | 3,153,419 | $423.6M | Reduce -11.4% |
| ECL Ecolab Inc. | 0.53% | 1,784,610 | $418.2M | Reduce -15.9% |
| FERG Ferguson Enterprises Inc. | 0.52% | 2,353,556 | $408.5M | Reduce -8.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.52% | 3,371,546 | $407.3M | Reduce -19.8% |
| DDOG Datadog Inc. Class A | 0.50% | 2,749,174 | $392.8M | Add +2804.2% |
| AZO AutoZone Inc. | 0.48% | 119,292 | $382.0M | Add +16.1% |
| CARR Carrier Global Corp. | 0.46% | 5,296,577 | $361.5M | Add +139.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.46% | 613,044 | $359.3M | Add +6.3% |
| UNH Unitedhealth Group Inc. | 0.45% | 707,545 | $357.9M | Add +1.9% |
| SCHW Schwab (charles) Corp. | 0.44% | 4,696,332 | $347.6M | Reduce -2.1% |
| SPGI S&P Global Inc. | 0.43% | 674,954 | $336.1M | Reduce -9.9% |
| MCO Moody's Corp. | 0.41% | 679,794 | $321.8M | Reduce -17.2% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.40% | 2,714,955 | $319.1M | Add +3037.0% |
| FTV Fortive Corp. | 0.40% | 4,215,639 | $316.2M | Reduce -55.2% |
| HLT Hilton Worldwide Holdings Inc. | 0.40% | 1,269,653 | $313.8M | Reduce -15.5% |
| HDB HDFC Bank Ltd.-ADR | 0.39% | 4,844,289 | $309.4M | Reduce -4.5% |
| JPM JPMorgan Chase & Co. | 0.38% | 1,263,204 | $302.8M | Add +0.1% |
| BX Blackstone Inc. | 0.35% | 1,607,026 | $277.1M | Reduce -4.0% |
| BFAM Bright Horizons Family Solut | 0.35% | 2,467,338 | $273.5M | Reduce -5.0% |
| CTAS Cintas Corp. | 0.34% | 1,477,001 | $269.8M | Reduce -10.1% |
| SHW The Sherwin-Williams Co. | 0.34% | 786,439 | $267.3M | Reduce -8.5% |
| WCN Waste Connections Inc. | 0.33% | 1,532,729 | $263.0M | Reduce -1.6% |
| ILMN Illumina Inc. | 0.32% | 1,912,639 | $255.6M | Add +54220.9% |
| ALLE Allegion PLC | 0.31% | 1,892,197 | $247.3M | Reduce -11.2% |
| CSGP Costar Group Inc. | 0.31% | 3,380,066 | $242.0M | Reduce -10.3% |
| TDG Transdigm Group Inc. | 0.31% | 190,316 | $241.2M | Reduce -11.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.30% | 341,529 | $236.7M | Add +18.7% |
| MRK Merck & Co. Inc. | 0.29% | 2,320,658 | $230.9M | Reduce -18.8% |
| FCNCA First Citizens Bcshs Class A | 0.29% | 108,592 | $229.5M | Reduce -9.2% |
| NFLX Netflix Inc. | 0.28% | 247,258 | $220.4M | Add +72.6% |
| URI United Rentals Inc. | 0.27% | 301,669 | $212.5M | Reduce -9.3% |
| HQY Healthequity Inc. | 0.25% | 2,086,026 | $200.2M | Add +12.0% |
| XOM Exxon Mobil Corp. | 0.25% | 1,857,520 | $199.8M | Reduce -2.2% |
| FISV Fiserv Inc. | 0.24% | 920,073 | $189.0M | Reduce -11.0% |
| IWM iShares Russell 2000 ETF | 0.23% | 833,656 | $184.2M | Add +9.3% |
| ALGN Align Technology Inc. | 0.23% | 860,077 | $179.3M | Reduce -11.5% |
| PB Prosperity Bancshares Inc. | 0.22% | 2,349,982 | $177.1M | Reduce -3.4% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.22% | 1,538,808 | $174.0M | Reduce -1.0% |
| LOW Lowe's Cos Inc. | 0.21% | 684,626 | $169.0M | Reduce -6.8% |
| NXPI NXP Semiconductors NV | 0.21% | 805,822 | $167.5M | Add +4.0% |
| VIG Vanguard Dividend Apprec ETF | 0.21% | 848,328 | $166.1M | Reduce -5.5% |
| CCC CCC Intelligent Solutions Ho | 0.21% | 14,033,496 | $164.6M | Add +2.2% |
| AXP American Express Co. | 0.21% | 552,517 | $164.0M | Add +1.4% |
| VOO Vanguard S&P 500 ETF | 0.20% | 298,350 | $160.8M | Add +3.4% |
| TMUS T-Mobile US Inc. | 0.20% | 723,404 | $159.7M | Reduce -8.9% |
| VMI Valmont Industries | 0.20% | 511,110 | $156.7M | Reduce -8.3% |
| ELV Elevance Health Inc. | 0.20% | 424,043 | $156.4M | Add +6.2% |
| VEEV Veeva Systems Inc. Class A | 0.19% | 718,864 | $151.1M | Reduce -10.9% |
| ABBV Abbvie Inc. | 0.19% | 840,660 | $149.4M | Add +2.5% |
| CASY Casey's General Stores Inc. | 0.19% | 375,312 | $148.7M | Reduce -6.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.19% | 3,358,433 | $147.6M | Reduce -6.2% |
| FLR Fluor Corp. | 0.19% | 2,991,585 | $147.5M | Reduce -0.3% |
| AMP Ameriprise Financial Inc. | 0.19% | 276,268 | $147.1M | Reduce -1.4% |
| CCOI Cogent Communications Holdin | 0.19% | 1,897,090 | $146.2M | Add +24.1% |
| AS Amer Sports Inc. | 0.18% | 5,169,988 | $144.6M | Reduce -14.7% |
| TT Trane Technologies PLC | 0.18% | 389,831 | $144.0M | Reduce -4.1% |
| PG The Procter & Gamble Co. | 0.18% | 855,594 | $143.4M | Reduce -0.5% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $377K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 314 | $375K | No change |
| WGSWW Genedx Holdings Corp. | *W EXP 07/22/202 | 10,833 | $2K | No change |
Total filed on the 13F, all lines: $78.8B.
Portfolio Sells Q3 2024 → Q4 2024
| IDXX Idexx Laboratories Inc. | Reduce -88.6% | 0.07% | −0.63 |
| TMO Thermo Fisher Scientific Inc. | Reduce -38.1% | 0.66% | −0.59 |
| IT Gartner Inc. | Reduce -95.1% | 0.03% | −0.56 |
| FTV Fortive Corp. | Reduce -55.2% | 0.40% | −0.53 |
| UBER Uber Technologies Inc. | Reduce -4.1% | 1.29% | −0.37 |
| MSFT Microsoft Corp. | Reduce -4.2% | 6.09% | −0.34 |
| DHR Danaher Corp. | Reduce -5.2% | 1.10% | −0.29 |
| ZTS Zoetis Inc. | Reduce -5.4% | 0.85% | −0.22 |
| PGR Progressive Corp. | Reduce -5.6% | 1.66% | −0.18 |
| BIPC Brookfield Infrastructure-A | Sold out | 0.00% | −0.16 |
| ECL Ecolab Inc. | Reduce -15.9% | 0.53% | −0.15 |
| ADBE Adobe Inc. | Reduce -4.5% | 0.69% | −0.14 |
| ENV Envestnet Inc. | Sold out | 0.00% | −0.13 |
| A Agilent Technologies Inc. | Reduce -11.4% | 0.54% | −0.13 |
| FERG Ferguson Enterprises Inc. | Reduce -8.4% | 0.52% | −0.12 |
| MRK Merck & Co. Inc. | Reduce -18.8% | 0.29% | −0.11 |
| BFAM Bright Horizons Family Solut | Reduce -5.0% | 0.35% | −0.11 |
| INTU Intuit Inc. | Reduce -6.2% | 2.54% | −0.11 |
| TJX TJX Companies Inc. | Reduce -19.8% | 0.52% | −0.10 |
| VLTO Veralto Corp. | Reduce -2.7% | 0.88% | −0.10 |
| SBAC SBA Communications Corp. | Reduce -81.6% | 0.02% | −0.10 |
| XBI SS SPDR S&P Biotech ETF | Reduce -67.7% | 0.04% | −0.09 |
| K Kellanova | Reduce -70.7% | 0.04% | −0.09 |
| ALGN Align Technology Inc. | Reduce -11.5% | 0.23% | −0.08 |
| CTAS Cintas Corp. | Reduce -10.1% | 0.34% | −0.08 |
| ASND Ascendis Pharma A/S | Reduce -92.2% | 0.01% | −0.08 |
| MCO Moody's Corp. | Reduce -17.2% | 0.41% | −0.08 |
| TDG Transdigm Group Inc. | Reduce -11.0% | 0.31% | −0.08 |
| ALLE Allegion PLC | Reduce -11.2% | 0.31% | −0.08 |
| WEX Wex Inc. | Reduce -46.0% | 0.06% | −0.07 |
| EQC Equity Commonwealth | Reduce -99.6% | 0.00% | −0.07 |
| SHW The Sherwin-Williams Co. | Reduce -8.5% | 0.34% | −0.07 |
| URI United Rentals Inc. | Reduce -9.3% | 0.27% | −0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -8.5% | 0.65% | −0.06 |
| SPGI S&P Global Inc. | Reduce -9.9% | 0.43% | −0.06 |
| TEAM Atlassian Corp. Class A | Reduce -86.7% | 0.01% | −0.05 |
| THS Treehouse Foods Inc. | Reduce -99.3% | 0.00% | −0.05 |
| WWD Woodward Inc. | Reduce -47.5% | 0.05% | −0.05 |
| CSGP Costar Group Inc. | Reduce -10.3% | 0.31% | −0.05 |
| KWR Quaker Chemical Corporation | Reduce -58.9% | 0.03% | −0.05 |
| META Meta Platforms Inc. Class A | Reduce -10.6% | 0.55% | −0.05 |
| HAE Haemonetics Corp. | Reduce -97.3% | 0.00% | −0.04 |
| INFN Infinera Corp. | Reduce -33.5% | 0.08% | −0.04 |
| GEAR Revelyst Inc. | Reduce -98.7% | 0.00% | −0.04 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -15.5% | 0.40% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -6.8% | 0.21% | −0.04 |
| NXST Nexstar Media Group Inc. | Reduce -41.6% | 0.04% | −0.03 |
| AMAL Amalgamated Financial Corp. | Reduce -97.1% | 0.00% | −0.03 |
| GWRE Guidewire Software Inc. | Reduce -19.2% | 0.09% | −0.03 |
| MSCI MSCI Inc. | Reduce -8.2% | 0.63% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| BAFE Brown Flex Equity ETF | New | 1.25% | +1.25 |
| DDOG Datadog Inc. Class A | Add +2804.2% | 0.50% | +0.48 |
| TTD Trade Desk Inc./the Class A | Add +3037.0% | 0.40% | +0.39 |
| ILMN Illumina Inc. | Add +54220.9% | 0.32% | +0.32 |
| GOOG Alphabet Inc. Class C | Add +0.2% | 2.38% | +0.32 |
| CARR Carrier Global Corp. | Add +139.1% | 0.46% | +0.23 |
| WST West Pharmaceutical Services | Add +11.7% | 1.06% | +0.20 |
| ARES Ares Management Corp. Class A | Add +8.8% | 0.84% | +0.17 |
| NFLX Netflix Inc. | Add +72.6% | 0.28% | +0.15 |
| EW Edwards Lifesciences Corp. | Add +7.6% | 0.77% | +0.14 |
| ISRG Intuitive Surgical Inc. | Add +5.8% | 1.16% | +0.14 |
| CDNS Cadence Design SYS Inc. | Add +0.2% | 1.14% | +0.12 |
| SARO Standardaero Inc. | New | 0.12% | +0.12 |
| AJG Arthur J Gallagher & Co. | Add +9.7% | 1.06% | +0.11 |
| VTI VG Morningstar TS MKT ETF-US | Add +12.8% | 0.72% | +0.10 |
| WDAY Workday Inc. Class A | Add +1.5% | 1.16% | +0.09 |
| BLK BlackRock Inc. | New | 0.09% | +0.09 |
| MDT Medtronic PLC | Add +350.9% | 0.11% | +0.09 |
| MIR Mirion Technologies Inc. | New | 0.08% | +0.08 |
| KLC Kindercare Learning Cos Inc. | New | 0.08% | +0.08 |
| AZO AutoZone Inc. | Add +16.1% | 0.48% | +0.08 |
| CB Chubb Ltd. | Add +214.2% | 0.10% | +0.07 |
| IWB iShares Russell 1000 ETF | Add +109.0% | 0.12% | +0.06 |
| HQY Healthequity Inc. | Add +12.0% | 0.25% | +0.06 |
| INSM Insmed Inc. | New | 0.06% | +0.06 |
| OSIS Osi Systems Inc. | New | 0.06% | +0.06 |
| WLY Wiley (john) & Sons Class A | New | 0.06% | +0.06 |
| OPLN Openlane Inc. | New | 0.06% | +0.06 |
| IVV iShares Core S&P 500 ETF | Add +2.5% | 0.98% | +0.05 |
| YETI Yeti Holdings Inc. | New | 0.05% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 0.38% | +0.05 |
| IWF iShares Russell 1000 Growth | Add +38.4% | 0.15% | +0.05 |
| TNDM Tandem Diabetes Care Inc. | New | 0.04% | +0.04 |
| GRDN Guardian Phrmcy Services-A | New | 0.04% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.3% | 0.46% | +0.04 |
| CCOI Cogent Communications Holdin | Add +24.1% | 0.19% | +0.04 |
| LSCC Lattice Semiconductor Corp. | Add +110.6% | 0.07% | +0.04 |
| OII Oceaneering Intl Inc. | Add +22.5% | 0.17% | +0.04 |
| CL Colgate-Palmolive Co. | Add +219.6% | 0.06% | +0.04 |
| SSD Simpson Manufacturing Co. Inc. | Add +4755.8% | 0.04% | +0.03 |
| IJT iShares S&P Small-Cap 600 GR | Add +353.0% | 0.04% | +0.03 |
| ESTA Establishment Labs Holdings | Add +23.1% | 0.14% | +0.03 |
| RSP Invesco S&P 500 Equal Weight | Add +24.2% | 0.16% | +0.03 |
| RY Royal Bank of Canada | Add +1804.6% | 0.03% | +0.03 |
| AXP American Express Co. | Add +1.4% | 0.21% | +0.02 |
| IWM iShares Russell 2000 ETF | Add +9.3% | 0.23% | +0.02 |
| BL Blackline Inc. | Add +38.8% | 0.06% | +0.02 |
| APO Apollo Global Management Inc. | Add +0.5% | 0.08% | +0.02 |
| CCC CCC Intelligent Solutions Ho | Add +2.2% | 0.21% | +0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +114.4% | 0.03% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,444 | $64.6B | MSFT, TSM, GOOG, V, NVDA |
| Q1 2026 | 1,391 | $60.9B | MSFT, V, TSM, GOOG, MA |
| Q4 2025 | 1,379 | $71.7B | MSFT, V, GOOG, AMZN, NVDA |
| Q3 2025 | 1,377 | $76.8B | MSFT, V, NVDA, AMZN, GOOG |
| Q2 2025 | 1,355 | $76.0B | MSFT, NVDA, AMZN, V, INTU |
| Q1 2025 | 1,320 | $70.0B | MSFT, AMZN, V, INTU, NVDA |
| Q4 2024 | 1,329 | $78.8B | MSFT, AMZN, NVDA, V, MRVL |
| Q3 2024 | 1,256 | $79.6B | MSFT, AMZN, NVDA, V, INTU |
| Q2 2024 | 1,220 | $76.5B | MSFT, NVDA, AMZN, INTU, V |
| Q1 2024 | 1,239 | $74.8B | MSFT, NVDA, AMZN, INTU, V |