Brown Advisory Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Brown Advisory Inc. reported 1,320 stock positions worth $70.0 billion. Its top holding was Microsoft (MSFT) at 6.1% of the portfolio, followed by Amazon.com (AMZN, 3.6%) and Visa Class A (V, 3.4%). Compared with Q4 2024, it opened 109 new positions, sold out of 118, added to 410 and reduced 641. The biggest buy was Intuit (INTU, shares +8%) and the biggest sale Nvidia (NVDA, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- BALTIMORE, MD
- CIK
- 0001345929
- Portfolio Value
- $70.0B (Q1 2025)
- SEC Filing
- 0001085146-25-002448 ↗ filed Apr 30, 2025
Holdings Value
Holdings 1,320 stocks · $70.0B
| MSFT Microsoft Corp. | 6.14% | 11,438,421 | $4.3B | Add +0.4% |
| AMZN Amazon.com Inc. | 3.65% | 13,410,845 | $2.6B | Reduce -3.5% |
| V Visa Inc. Class A | 3.41% | 6,817,872 | $2.4B | Reduce -7.2% |
| INTU Intuit Inc. | 3.02% | 3,444,600 | $2.1B | Add +7.9% |
| NVDA Nvidia Corp. | 2.83% | 18,292,195 | $2.0B | Reduce -8.0% |
| MA Mastercard Inc. Class A | 2.49% | 3,182,615 | $1.7B | Reduce -8.3% |
| GOOG Alphabet Inc. Class C | 2.13% | 9,531,159 | $1.5B | Reduce -3.4% |
| PGR Progressive Corp. | 1.98% | 4,888,372 | $1.4B | Reduce -10.7% |
| KKR KKR & Co. Inc. | 1.71% | 10,333,092 | $1.2B | Reduce -4.6% |
| GE General Electric filed as GE AEROSPACE | 1.70% | 5,946,765 | $1.2B | Reduce -2.5% |
| MRVL Marvell Technology Inc. | 1.70% | 19,300,527 | $1.2B | Add +2.3% |
| GOOGL Alphabet Inc. Class A | 1.50% | 6,798,912 | $1.1B | Reduce -10.7% |
| BAFE Brown Flex Equity ETF | 1.48% | 43,083,755 | $1.0B | Add +9.1% |
| NOW ServiceNow Inc. | 1.45% | 1,277,277 | $1.0B | Reduce -12.1% |
| AAPL Apple Inc. | 1.44% | 4,545,975 | $1.0B | Reduce -1.7% |
| UBER Uber Technologies Inc. | 1.42% | 13,591,949 | $990.3M | Reduce -19.1% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.38% | 2,789,959 | $963.2M | Reduce -5.7% |
| ISRG Intuitive Surgical Inc. | 1.16% | 1,641,753 | $813.1M | Reduce -6.0% |
| ADSK Autodesk Inc. | 1.12% | 2,987,047 | $782.0M | Reduce -1.7% |
| WDAY Workday Inc. Class A | 1.11% | 3,315,804 | $774.3M | Reduce -6.1% |
| TSM Taiwan Semiconductor-SP ADR | 1.10% | 4,644,238 | $770.9M | Reduce -1.6% |
| DHR Danaher Corp. | 1.10% | 3,743,137 | $767.3M | Reduce -1.0% |
| WST West Pharmaceutical Services | 1.05% | 3,268,478 | $731.7M | Add +28.1% |
| ZTS Zoetis Inc. | 1.04% | 4,408,542 | $725.9M | Add +7.6% |
| IVV iShares Core S&P 500 ETF | 1.03% | 1,277,502 | $717.8M | Reduce -2.2% |
| VLTO Veralto Corp. | 0.93% | 6,670,467 | $650.0M | Reduce -1.8% |
| CDNS Cadence Design SYS Inc. | 0.93% | 2,553,492 | $649.4M | Reduce -14.4% |
| CARR Carrier Global Corp. | 0.88% | 9,673,979 | $613.3M | Add +82.7% |
| DT Dynatrace Inc. | 0.86% | 12,726,554 | $600.1M | Reduce -9.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.85% | 1,116,367 | $594.6M | Reduce -1.7% |
| EW Edwards Lifesciences Corp. | 0.85% | 8,173,833 | $592.4M | Add +0.2% |
| META Meta Platforms Inc. Class A | 0.82% | 999,633 | $576.1M | Add +34.5% |
| KLAC KLA Corp. | 0.78% | 805,404 | $547.5M | Reduce -5.6% |
| MPWR Monolithic Power Systems Inc. | 0.77% | 933,625 | $541.5M | Reduce -5.3% |
| ARES Ares Management Corp. Class A | 0.77% | 3,685,608 | $540.3M | Reduce -1.1% |
| BKNG Booking Holdings Inc. | 0.77% | 117,028 | $539.1M | Add +1.1% |
| ABNB Airbnb Inc. Class A | 0.75% | 4,372,423 | $522.3M | Reduce -4.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.74% | 1,881,221 | $517.0M | Reduce -3.6% |
| COST Costco Wholesale Corp. | 0.74% | 545,260 | $515.7M | Reduce -9.7% |
| VRSK Verisk Analytics Inc. | 0.73% | 1,720,965 | $512.2M | Reduce -8.8% |
| SCHW Schwab (charles) Corp. | 0.72% | 6,454,052 | $505.2M | Add +37.4% |
| DDOG Datadog Inc. Class A | 0.69% | 4,853,012 | $481.5M | Add +76.5% |
| TMO Thermo Fisher Scientific Inc. | 0.68% | 950,308 | $472.9M | Reduce -4.8% |
| CMG Chipotle Mexican Grill Inc. | 0.66% | 9,161,761 | $460.0M | Add +5.8% |
| AZO AutoZone Inc. | 0.65% | 118,422 | $451.5M | Reduce -0.7% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.63% | 8,102,294 | $443.4M | Add +198.4% |
| ECL Ecolab Inc. | 0.62% | 1,706,589 | $432.7M | Reduce -4.4% |
| FERG Ferguson Enterprises Inc. | 0.56% | 2,431,492 | $389.6M | Add +3.3% |
| UNH Unitedhealth Group Inc. | 0.52% | 696,976 | $365.0M | Reduce -1.5% |
| MSCI MSCI Inc. | 0.52% | 640,642 | $362.3M | Reduce -22.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.51% | 632,584 | $353.9M | Add +3.2% |
| HDB HDFC Bank Ltd.-ADR | 0.45% | 4,767,454 | $316.7M | Reduce -1.6% |
| MCO Moody's Corp. | 0.45% | 678,507 | $316.0M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 0.44% | 1,248,663 | $306.3M | Reduce -1.1% |
| BFAM Bright Horizons Family Solut | 0.42% | 2,332,570 | $296.3M | Reduce -5.5% |
| ASML ASML Holding NV-NY Reg SHS | 0.42% | 440,728 | $292.0M | Add +29.1% |
| WCN Waste Connections Inc. | 0.42% | 1,491,097 | $291.0M | Reduce -2.7% |
| SPGI S&P Global Inc. | 0.41% | 566,717 | $287.9M | Reduce -16.0% |
| ALLE Allegion PLC | 0.40% | 2,141,492 | $279.4M | Add +13.2% |
| CTAS Cintas Corp. | 0.38% | 1,305,783 | $268.4M | Reduce -11.6% |
| HLT Hilton Worldwide Holdings Inc. | 0.37% | 1,144,390 | $260.4M | Reduce -9.9% |
| NFLX Netflix Inc. | 0.36% | 270,958 | $252.7M | Add +9.6% |
| SHW The Sherwin-Williams Co. | 0.35% | 703,956 | $245.8M | Reduce -10.5% |
| TDG Transdigm Group Inc. | 0.35% | 175,475 | $242.7M | Reduce -7.8% |
| CSGP Costar Group Inc. | 0.34% | 3,022,692 | $239.5M | Reduce -10.6% |
| ILMN Illumina Inc. | 0.33% | 2,909,228 | $230.8M | Add +52.1% |
| XOM Exxon Mobil Corp. | 0.32% | 1,864,253 | $221.7M | Add +0.4% |
| FISV Fiserv Inc. | 0.29% | 908,947 | $200.7M | Reduce -1.2% |
| FCNCA First Citizens Bcshs Class A | 0.28% | 107,248 | $198.9M | Reduce -1.2% |
| TMUS T-Mobile US Inc. | 0.27% | 700,613 | $186.9M | Reduce -3.1% |
| URI United Rentals Inc. | 0.27% | 296,621 | $185.9M | Reduce -1.7% |
| ELV Elevance Health Inc. | 0.26% | 425,326 | $185.0M | Add +0.3% |
| A Agilent Technologies Inc. | 0.26% | 1,540,442 | $180.2M | Reduce -51.1% |
| ABBV Abbvie Inc. | 0.25% | 838,653 | $175.7M | Reduce -0.2% |
| BX Blackstone Inc. | 0.25% | 1,256,274 | $175.6M | Reduce -21.8% |
| HQY Healthequity Inc. | 0.24% | 1,932,930 | $170.8M | Reduce -7.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 1,382,915 | $168.4M | Reduce -59.0% |
| NOMD Nomad Foods Ltd. | 0.24% | 8,442,222 | $165.9M | Add +0.8% |
| CCC CCC Intelligent Solutions Ho | 0.24% | 18,346,792 | $165.7M | Add +30.7% |
| IWM iShares Russell 2000 ETF | 0.23% | 820,110 | $163.6M | Reduce -1.6% |
| AIG American International Group | 0.23% | 1,863,278 | $162.0M | Add +1.4% |
| JNJ Johnson & Johnson | 0.23% | 976,381 | $161.9M | Reduce -1.1% |
| PB Prosperity Bancshares Inc. | 0.23% | 2,243,241 | $160.1M | Reduce -4.5% |
| RSP Invesco S&P 500 Equal Weight | 0.23% | 918,979 | $159.2M | Add +24.1% |
| LOW Lowe's Cos Inc. | 0.23% | 678,356 | $158.2M | Reduce -0.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.23% | 198 | $158.1M | Reduce -2.5% |
| TT Trane Technologies PLC | 0.23% | 467,613 | $157.5M | Add +19.9% |
| CASY Casey's General Stores Inc. | 0.22% | 354,398 | $153.8M | Reduce -5.6% |
| VIG Vanguard Dividend Apprec ETF | 0.22% | 792,142 | $153.7M | Reduce -6.6% |
| VOO Vanguard S&P 500 ETF | 0.22% | 293,479 | $150.8M | Reduce -1.6% |
| PG The Procter & Gamble Co. | 0.21% | 852,216 | $145.2M | Reduce -0.4% |
| OII Oceaneering Intl Inc. | 0.20% | 6,545,919 | $142.8M | Add +27.6% |
| NXPI NXP Semiconductors NV | 0.20% | 747,283 | $142.0M | Reduce -7.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.20% | 3,372,376 | $140.7M | Add +0.4% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.20% | 1,531,178 | $140.7M | Reduce -0.5% |
| CHX Championx Corp. | 0.20% | 4,693,158 | $139.9M | Reduce -1.9% |
| EHC Encompass Health Corp. | 0.19% | 1,340,720 | $135.8M | Reduce -5.6% |
| VMI Valmont Industries | 0.19% | 464,574 | $132.6M | Reduce -9.1% |
| SU Suncor Energy Inc. | 0.19% | 3,347,712 | $129.6M | Add +8.7% |
| IWF iShares Russell 1000 Growth | 0.18% | 341,269 | $123.2M | Add +17.0% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $379K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 314 | $377K | No change |
| WGSWW Genedx Holdings Corp. | *W EXP 07/22/202 | 10,833 | $2K | No change |
Total filed on the 13F, all lines: $70.0B.
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -8.0% | 2.83% | −0.55 |
| ADBE Adobe Inc. | Reduce -75.4% | 0.16% | −0.52 |
| NOW ServiceNow Inc. | Reduce -12.1% | 1.45% | −0.50 |
| FTV Fortive Corp. | Reduce -92.8% | 0.03% | −0.37 |
| GOOGL Alphabet Inc. Class A | Reduce -10.7% | 1.50% | −0.33 |
| KKR KKR & Co. Inc. | Reduce -4.6% | 1.71% | −0.33 |
| A Agilent Technologies Inc. | Reduce -51.1% | 0.26% | −0.28 |
| TJX TJX Companies Inc. | Reduce -59.0% | 0.24% | −0.28 |
| GOOG Alphabet Inc. Class C | Reduce -3.4% | 2.13% | −0.25 |
| AMZN Amazon.com Inc. | Reduce -3.5% | 3.65% | −0.22 |
| CDNS Cadence Design SYS Inc. | Reduce -14.4% | 0.93% | −0.21 |
| ALGN Align Technology Inc. | Reduce -54.3% | 0.09% | −0.14 |
| MRK Merck & Co. Inc. | Reduce -44.4% | 0.17% | −0.13 |
| NARI Inari Medical Inc. | Sold out | 0.00% | −0.12 |
| DT Dynatrace Inc. | Reduce -9.8% | 0.86% | −0.12 |
| MSCI MSCI Inc. | Reduce -22.7% | 0.52% | −0.11 |
| GEN Gen Digital Inc. | Reduce -98.5% | 0.00% | −0.11 |
| AXP American Express Co. | Reduce -50.4% | 0.11% | −0.10 |
| EBAY eBay Inc. | Reduce -96.5% | 0.00% | −0.10 |
| BX Blackstone Inc. | Reduce -21.8% | 0.25% | −0.10 |
| DOX Amdocs Ltd. | Reduce -98.5% | 0.00% | −0.10 |
| BKR Baker Hughes Co. | Reduce -79.4% | 0.03% | −0.10 |
| KMX Carmax Inc. | Reduce -84.0% | 0.02% | −0.10 |
| PPG PPG Industries Inc. | Reduce -94.0% | 0.01% | −0.09 |
| KMB Kimberly-Clark Corp. | Reduce -90.7% | 0.01% | −0.09 |
| FLR Fluor Corp. | Reduce -37.2% | 0.10% | −0.09 |
| NTAP Netapp Inc. | Reduce -92.1% | 0.01% | −0.09 |
| QCOM Qualcomm Inc. | Reduce -81.9% | 0.02% | −0.09 |
| CMCSA Comcast Corp. Class A | Reduce -56.0% | 0.08% | −0.08 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -1.6% | 1.10% | −0.08 |
| MDT Medtronic PLC | Reduce -74.8% | 0.04% | −0.08 |
| INFN Infinera Corp. | Sold out | 0.00% | −0.08 |
| AMP Ameriprise Financial Inc. | Reduce -42.4% | 0.11% | −0.08 |
| NEO Neogenomics Inc. | Reduce -37.1% | 0.05% | −0.08 |
| OMC Omnicom Group | Reduce -98.5% | 0.00% | −0.07 |
| CPB The Campbell's Company | Reduce -96.6% | 0.00% | −0.07 |
| BIIB Biogen Inc. | Reduce -97.9% | 0.00% | −0.07 |
| AMGN Amgen Inc. | Reduce -66.7% | 0.05% | −0.07 |
| IPG Interpublic Group of Cos Inc. | Reduce -96.7% | 0.00% | −0.06 |
| ARES Ares Management Corp. Class A | Reduce -1.1% | 0.77% | −0.06 |
| CB Chubb Ltd. | Reduce -69.5% | 0.04% | −0.06 |
| WEX Wex Inc. | Sold out | 0.00% | −0.06 |
| BL Blackline Inc. | Reduce -99.2% | 0.00% | −0.06 |
| BLK BlackRock Inc. | Reduce -69.5% | 0.03% | −0.06 |
| HOG Harley-Davidson Inc. | Reduce -97.5% | 0.00% | −0.06 |
| SEIC Sei Investments Company | Reduce -97.4% | 0.00% | −0.06 |
| CMI Cummins Inc. | Reduce -67.8% | 0.03% | −0.06 |
| YOU Clear Secure Inc. Class A | Sold out | 0.00% | −0.05 |
| WAB Wabtec Corp. | Reduce -96.5% | 0.00% | −0.05 |
| IWB iShares Russell 1000 ETF | Reduce -47.2% | 0.07% | −0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| INTU Intuit Inc. | Add +7.9% | 3.02% | +0.48 |
| CARR Carrier Global Corp. | Add +82.7% | 0.88% | +0.42 |
| SCHW Schwab (charles) Corp. | Add +37.4% | 0.72% | +0.28 |
| META Meta Platforms Inc. Class A | Add +34.5% | 0.82% | +0.27 |
| BAFE Brown Flex Equity ETF | Add +9.1% | 1.48% | +0.23 |
| TTD Trade Desk Inc./the Class A | Add +198.4% | 0.63% | +0.23 |
| ZTS Zoetis Inc. | Add +7.6% | 1.04% | +0.19 |
| DDOG Datadog Inc. Class A | Add +76.5% | 0.69% | +0.19 |
| BIPC Brookfield Infrastructure-A | New | 0.15% | +0.15 |
| MDLZ Mondelez International Inc. Class A | Add +659.9% | 0.15% | +0.13 |
| ASML ASML Holding NV-NY Reg SHS | Add +29.1% | 0.42% | +0.12 |
| OLED Universal Display Corp. | New | 0.10% | +0.10 |
| ALLE Allegion PLC | Add +13.2% | 0.40% | +0.09 |
| NFLX Netflix Inc. | Add +9.6% | 0.36% | +0.08 |
| EW Edwards Lifesciences Corp. | Add +0.2% | 0.85% | +0.08 |
| OS Onestream Inc. | Add +16651.6% | 0.07% | +0.07 |
| ELV Elevance Health Inc. | Add +0.3% | 0.26% | +0.07 |
| XOM Exxon Mobil Corp. | Add +0.4% | 0.32% | +0.06 |
| RSP Invesco S&P 500 Equal Weight | Add +24.1% | 0.23% | +0.06 |
| AIG American International Group | Add +1.4% | 0.23% | +0.06 |
| AAON Aaon Inc. | New | 0.06% | +0.06 |
| NOMD Nomad Foods Ltd. | Add +0.8% | 0.24% | +0.06 |
| CWAN Clearwater Analytics HDS-A | Add +15661.6% | 0.05% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.2% | 0.51% | +0.05 |
| ODFL Old Dominion Freight Line | Add +272.0% | 0.06% | +0.05 |
| IJR iShares Core S&P Small-Cap E | Add +63.4% | 0.12% | +0.05 |
| SU Suncor Energy Inc. | Add +8.7% | 0.19% | +0.05 |
| MSFT Microsoft Corp. | Add +0.4% | 6.14% | +0.05 |
| NXST Nexstar Media Group Inc. | Add +58.3% | 0.09% | +0.05 |
| IOSP Innospec Inc. | New | 0.04% | +0.04 |
| FSV Firstservice Corp. | New | 0.04% | +0.04 |
| BRSL Brightstar Lottery PLC | New | 0.04% | +0.04 |
| TT Trane Technologies PLC | Add +19.9% | 0.23% | +0.04 |
| BKNG Booking Holdings Inc. | Add +1.1% | 0.77% | +0.04 |
| TECH Bio-Techne Corp. | Add +45.7% | 0.16% | +0.04 |
| APPF Appfolio Inc. Class A | New | 0.04% | +0.04 |
| FERG Ferguson Enterprises Inc. | Add +3.3% | 0.56% | +0.04 |
| VEU Vanguard Ftse All-World Ex-U | Add +15.6% | 0.14% | +0.04 |
| VMC Vulcan Materials Co. | Add +336.1% | 0.05% | +0.04 |
| ACHC Acadia Healthcare Co. Inc. | New | 0.04% | +0.04 |
| MCW Mister Car Wash Inc. | Add +6.8% | 0.15% | +0.03 |
| OII Oceaneering Intl Inc. | Add +27.6% | 0.20% | +0.03 |
| MIR Mirion Technologies Inc. | Add +45.9% | 0.12% | +0.03 |
| POR Portland General Electric Co. | Add +54.0% | 0.07% | +0.03 |
| SARO Standardaero Inc. | Add +2.5% | 0.15% | +0.03 |
| CCC CCC Intelligent Solutions Ho | Add +30.7% | 0.24% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +17.0% | 0.18% | +0.03 |
| GLD SPDR Gold Shares | Add +2.5% | 0.10% | +0.03 |
| SPOT Spotify Technology SA | Add +886.7% | 0.03% | +0.03 |
| UL Unilever PLC | Add +17.2% | 0.09% | +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 |