Brown Advisory Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Brown Advisory Inc. reported 1,355 stock positions worth $76.0 billion. Its top holding was Microsoft (MSFT) at 7.7% of the portfolio, followed by Nvidia (NVDA, 3.6%) and Amazon.com (AMZN, 3.6%). Compared with Q1 2025, it opened 90 new positions, sold out of 56, added to 510 and reduced 596. The biggest buy was Microsoft (MSFT, shares +3%) and the biggest sale Alphabet Class A (GOOGL, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- BALTIMORE, MD
- CIK
- 0001345929
- Portfolio Value
- $76.0B (Q2 2025)
- SEC Filing
- 0001085146-25-005034 ↗ filed Aug 13, 2025
Holdings Value
Holdings 1,355 stocks · $76.0B
| MSFT Microsoft Corp. | 7.72% | 11,791,167 | $5.9B | Add +3.1% |
| NVDA Nvidia Corp. | 3.62% | 17,382,845 | $2.7B | Reduce -5.0% |
| AMZN Amazon.com Inc. | 3.56% | 12,323,709 | $2.7B | Reduce -8.1% |
| V Visa Inc. Class A | 3.36% | 7,195,185 | $2.6B | Add +5.5% |
| INTU Intuit Inc. | 3.15% | 3,038,509 | $2.4B | Reduce -11.8% |
| MA Mastercard Inc. Class A | 2.36% | 3,193,791 | $1.8B | Add +0.3% |
| MRVL Marvell Technology Inc. | 2.12% | 20,840,336 | $1.6B | Add +8.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.98% | 6,650,983 | $1.5B | Add +43.2% |
| GOOG Alphabet Inc. Class C | 1.76% | 7,534,015 | $1.3B | Reduce -20.9% |
| GE General Electric filed as GE AEROSPACE | 1.73% | 5,108,993 | $1.3B | Reduce -14.1% |
| BAFE Brown Flex Equity ETF | 1.71% | 49,315,955 | $1.3B | Add +14.5% |
| KKR KKR & Co. Inc. | 1.70% | 9,682,302 | $1.3B | Reduce -6.3% |
| PGR Progressive Corp. | 1.53% | 4,345,609 | $1.2B | Reduce -11.1% |
| SCHW Schwab (charles) Corp. | 1.46% | 12,162,260 | $1.1B | Add +88.4% |
| NOW ServiceNow Inc. | 1.43% | 1,055,221 | $1.1B | Reduce -17.4% |
| UBER Uber Technologies Inc. | 1.35% | 10,956,698 | $1.0B | Reduce -19.4% |
| ADSK Autodesk Inc. | 1.21% | 2,961,136 | $916.7M | Reduce -0.9% |
| ISRG Intuitive Surgical Inc. | 1.12% | 1,565,907 | $850.9M | Reduce -4.6% |
| IVV iShares Core S&P 500 ETF | 1.11% | 1,363,678 | $846.7M | Add +6.8% |
| AAPL Apple Inc. | 1.10% | 4,082,408 | $837.6M | Reduce -10.2% |
| META Meta Platforms Inc. Class A | 1.10% | 1,134,073 | $837.0M | Add +13.4% |
| DDOG Datadog Inc. Class A | 1.06% | 5,983,687 | $803.8M | Add +23.3% |
| CARR Carrier Global Corp. | 0.99% | 10,281,880 | $752.5M | Add +6.3% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.96% | 2,286,798 | $732.1M | Reduce -18.0% |
| ZTS Zoetis Inc. | 0.96% | 4,659,371 | $726.6M | Add +5.7% |
| WDAY Workday Inc. Class A | 0.96% | 3,024,665 | $725.9M | Reduce -8.8% |
| DHR Danaher Corp. | 0.95% | 3,658,511 | $722.7M | Reduce -2.3% |
| CDNS Cadence Design SYS Inc. | 0.88% | 2,171,587 | $669.2M | Reduce -15.0% |
| WST West Pharmaceutical Services | 0.87% | 3,021,283 | $661.1M | Reduce -7.6% |
| DT Dynatrace Inc. | 0.86% | 11,807,243 | $651.9M | Reduce -7.2% |
| MPWR Monolithic Power Systems Inc. | 0.83% | 864,309 | $632.2M | Reduce -7.4% |
| VLTO Veralto Corp. | 0.82% | 6,162,414 | $622.1M | Reduce -7.6% |
| KLAC KLA Corp. | 0.82% | 693,114 | $620.9M | Reduce -13.9% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.79% | 8,323,522 | $599.2M | Add +2.7% |
| ARES Ares Management Corp. Class A | 0.79% | 3,448,586 | $597.3M | Reduce -6.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.76% | 1,895,444 | $576.1M | Add +0.8% |
| EW Edwards Lifesciences Corp. | 0.75% | 7,312,494 | $571.9M | Reduce -10.5% |
| BKNG Booking Holdings Inc. | 0.75% | 98,404 | $569.7M | Reduce -15.9% |
| ABNB Airbnb Inc. Class A | 0.71% | 4,077,944 | $539.7M | Reduce -6.7% |
| FERG Ferguson Enterprises Inc. | 0.70% | 2,442,107 | $531.8M | Add +0.4% |
| COST Costco Wholesale Corp. | 0.68% | 519,535 | $514.3M | Reduce -4.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.67% | 1,048,935 | $509.5M | Reduce -6.0% |
| CMG Chipotle Mexican Grill Inc. | 0.66% | 8,896,688 | $499.6M | Reduce -2.9% |
| VRSK Verisk Analytics Inc. | 0.65% | 1,588,662 | $494.9M | Reduce -7.7% |
| BASG Brown Adviso Sustain Gro ETF | 0.64% | 18,671,248 | $489.6M | New |
| AZO AutoZone Inc. | 0.64% | 131,240 | $487.2M | Add +10.8% |
| ECL Ecolab Inc. | 0.59% | 1,664,888 | $448.6M | Reduce -2.4% |
| HDB HDFC Bank Ltd.-ADR | 0.55% | 5,405,047 | $414.4M | Add +13.4% |
| GOOGL Alphabet Inc. Class A | 0.52% | 2,237,689 | $394.3M | Reduce -67.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.52% | 637,893 | $394.1M | Add +0.8% |
| ASML ASML Holding NV-NY Reg SHS | 0.47% | 448,798 | $359.7M | Add +1.8% |
| JPM JPMorgan Chase & Co. | 0.47% | 1,235,106 | $358.1M | Reduce -1.1% |
| NFLX Netflix Inc. | 0.44% | 247,770 | $331.8M | Reduce -8.6% |
| HLT Hilton Worldwide Holdings Inc. | 0.39% | 1,112,585 | $296.3M | Reduce -2.8% |
| CTAS Cintas Corp. | 0.37% | 1,267,104 | $282.4M | Reduce -3.0% |
| SPOT Spotify Technology SA | 0.37% | 362,853 | $278.5M | Add +931.2% |
| ALLE Allegion PLC | 0.36% | 1,908,321 | $275.0M | Reduce -10.9% |
| TDG Transdigm Group Inc. | 0.34% | 170,502 | $259.3M | Reduce -2.8% |
| UNH Unitedhealth Group Inc. | 0.33% | 802,808 | $250.5M | Add +15.2% |
| SHOP Shopify Inc. Class A | 0.31% | 2,066,884 | $238.4M | Add +5193.6% |
| WCN Waste Connections Inc. | 0.31% | 1,260,160 | $235.3M | Reduce -15.5% |
| MCO Moody's Corp. | 0.29% | 446,698 | $224.1M | Reduce -34.2% |
| SHW The Sherwin-Williams Co. | 0.28% | 626,899 | $215.3M | Reduce -10.9% |
| CSGP Costar Group Inc. | 0.28% | 2,675,994 | $215.1M | Reduce -11.5% |
| URI United Rentals Inc. | 0.28% | 280,003 | $211.0M | Reduce -5.6% |
| XOM Exxon Mobil Corp. | 0.26% | 1,860,320 | $200.5M | Reduce -0.2% |
| VOO Vanguard S&P 500 ETF | 0.26% | 347,167 | $197.2M | Add +18.3% |
| FCNCA First Citizens Bcshs Class A | 0.26% | 100,739 | $197.1M | Reduce -6.1% |
| TT Trane Technologies PLC | 0.25% | 438,788 | $191.9M | Reduce -6.2% |
| CCC CCC Intelligent Solutions Ho | 0.25% | 20,150,876 | $189.6M | Add +9.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.25% | 3,971,973 | $188.0M | Add +17.8% |
| BX Blackstone Inc. | 0.25% | 1,254,121 | $187.6M | Reduce -0.2% |
| IWM iShares Russell 2000 ETF | 0.24% | 854,875 | $184.5M | Add +4.2% |
| BFAM Bright Horizons Family Solut | 0.24% | 1,483,061 | $183.3M | Reduce -36.4% |
| VIG Vanguard Dividend Apprec ETF | 0.24% | 894,156 | $183.0M | Add +12.9% |
| FICO Fair Isaac Corp. | 0.24% | 99,387 | $181.7M | Add +2047.5% |
| DKNG Draftkings Inc. Class A | 0.23% | 4,056,280 | $174.0M | Add +53272.1% |
| FISV Fiserv Inc. | 0.23% | 998,316 | $172.1M | Add +9.8% |
| HQY Healthequity Inc. | 0.22% | 1,627,024 | $170.4M | Reduce -15.8% |
| ABBV Abbvie Inc. | 0.21% | 868,648 | $161.2M | Add +3.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.21% | 1,289,500 | $159.2M | Reduce -6.8% |
| RSP Invesco S&P 500 Equal Weight | 0.21% | 867,080 | $157.6M | Reduce -5.7% |
| NXPI NXP Semiconductors NV | 0.21% | 714,080 | $156.0M | Reduce -4.4% |
| ELV Elevance Health Inc. | 0.20% | 396,620 | $154.3M | Reduce -6.8% |
| OII Oceaneering Intl Inc. | 0.20% | 7,345,637 | $152.2M | Add +12.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.20% | 208 | $151.6M | Add +5.0% |
| SPGI S&P Global Inc. | 0.20% | 281,154 | $148.2M | Reduce -50.4% |
| AS Amer Sports Inc. | 0.19% | 3,803,764 | $147.4M | Reduce -8.2% |
| JNJ Johnson & Johnson | 0.19% | 963,903 | $147.2M | Reduce -1.3% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.19% | 1,525,127 | $147.2M | Reduce -0.4% |
| LOW Lowe's Cos Inc. | 0.19% | 645,409 | $143.2M | Reduce -4.9% |
| TMUS T-Mobile US Inc. | 0.19% | 599,450 | $142.8M | Reduce -14.4% |
| PB Prosperity Bancshares Inc. | 0.18% | 1,983,424 | $139.3M | Reduce -11.6% |
| PG The Procter & Gamble Co. | 0.18% | 853,269 | $135.9M | Add +0.1% |
| AIG American International Group | 0.18% | 1,585,721 | $135.7M | Reduce -14.9% |
| CW Curtiss-Wright Corp. | 0.17% | 269,307 | $131.6M | Reduce -11.2% |
| EHC Encompass Health Corp. | 0.17% | 1,068,491 | $131.0M | Reduce -20.3% |
| GNRC Generac Holdings Inc. | 0.17% | 907,349 | $129.9M | Add +11.7% |
| BASV Brown Advisory SV ETF | 0.17% | 4,967,697 | $128.5M | New |
| NOMD Nomad Foods Ltd. | 0.17% | 7,484,802 | $127.2M | Reduce -11.3% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $369K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 314 | $369K | No change |
| WGSWW Genedx Holdings Corp. | *W EXP 07/22/202 | 10,833 | $784 | No change |
Total filed on the 13F, all lines: $76.0B.
Portfolio Sells Q1 2025 → Q2 2025
| GOOGL Alphabet Inc. Class A | Reduce -67.1% | 0.52% | −0.98 |
| TMO Thermo Fisher Scientific Inc. | Reduce -89.9% | 0.05% | −0.62 |
| MSCI MSCI Inc. | Reduce -98.0% | 0.01% | −0.51 |
| PGR Progressive Corp. | Reduce -11.1% | 1.53% | −0.45 |
| AJG Arthur J Gallagher & Co. | Reduce -18.0% | 0.96% | −0.41 |
| GOOG Alphabet Inc. Class C | Reduce -20.9% | 1.76% | −0.37 |
| AAPL Apple Inc. | Reduce -10.2% | 1.10% | −0.34 |
| A Agilent Technologies Inc. | Reduce -96.6% | 0.01% | −0.25 |
| ILMN Illumina Inc. | Reduce -75.0% | 0.09% | −0.24 |
| SPGI S&P Global Inc. | Reduce -50.4% | 0.20% | −0.22 |
| BFAM Bright Horizons Family Solut | Reduce -36.4% | 0.24% | −0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -6.0% | 0.67% | −0.18 |
| WST West Pharmaceutical Services | Reduce -7.6% | 0.87% | −0.18 |
| MCO Moody's Corp. | Reduce -34.2% | 0.29% | −0.16 |
| WDAY Workday Inc. Class A | Reduce -8.8% | 0.96% | −0.15 |
| DHR Danaher Corp. | Reduce -2.3% | 0.95% | −0.15 |
| VLTO Veralto Corp. | Reduce -7.6% | 0.82% | −0.11 |
| WCN Waste Connections Inc. | Reduce -15.5% | 0.31% | −0.11 |
| EW Edwards Lifesciences Corp. | Reduce -10.5% | 0.75% | −0.09 |
| AMZN Amazon.com Inc. | Reduce -8.1% | 3.56% | −0.09 |
| FCN Fti Consulting Inc. | Sold out | 0.00% | −0.08 |
| VRSK Verisk Analytics Inc. | Reduce -7.7% | 0.65% | −0.08 |
| TMUS T-Mobile US Inc. | Reduce -14.4% | 0.19% | −0.08 |
| NOMD Nomad Foods Ltd. | Reduce -11.3% | 0.17% | −0.07 |
| UBER Uber Technologies Inc. | Reduce -19.4% | 1.35% | −0.07 |
| CHX Championx Corp. | Reduce -14.1% | 0.13% | −0.07 |
| SHW The Sherwin-Williams Co. | Reduce -10.9% | 0.28% | −0.07 |
| ELV Elevance Health Inc. | Reduce -6.8% | 0.20% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -4.7% | 0.68% | −0.06 |
| CSGP Costar Group Inc. | Reduce -11.5% | 0.28% | −0.06 |
| MWA Mueller Water Products Inc. Class A | Reduce -45.5% | 0.05% | −0.06 |
| CASY Casey's General Stores Inc. | Reduce -31.6% | 0.16% | −0.06 |
| CCOI Cogent Communications Holdin | Reduce -13.0% | 0.09% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -0.2% | 0.26% | −0.05 |
| AIG American International Group | Reduce -14.9% | 0.18% | −0.05 |
| IWF iShares Russell 1000 Growth | Reduce -35.2% | 0.12% | −0.05 |
| NEO Neogenomics Inc. | Sold out | 0.00% | −0.05 |
| LADR Ladder Capital Corp.-REIT | Reduce -99.0% | 0.00% | −0.05 |
| TTWO Take-Two Interactive Softwre | Reduce -37.8% | 0.10% | −0.05 |
| MCW Mister Car Wash Inc. | Reduce -3.2% | 0.10% | −0.05 |
| CDNS Cadence Design SYS Inc. | Reduce -15.0% | 0.88% | −0.05 |
| CWST Casella Waste Systems Inc. Class A | Reduce -25.0% | 0.11% | −0.05 |
| PB Prosperity Bancshares Inc. | Reduce -11.6% | 0.18% | −0.05 |
| PHR Phreesia Inc. | Reduce -34.1% | 0.09% | −0.04 |
| NBIX Neurocrine Biosciences Inc. | Reduce -33.1% | 0.10% | −0.04 |
| ISRG Intuitive Surgical Inc. | Reduce -4.6% | 1.12% | −0.04 |
| TECH Bio-Techne Corp. | Reduce -7.2% | 0.12% | −0.04 |
| JNJ Johnson & Johnson | Reduce -1.3% | 0.19% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -4.9% | 0.19% | −0.04 |
| ALLE Allegion PLC | Reduce -10.9% | 0.36% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +3.1% | 7.72% | +1.58 |
| TSM Taiwan Semiconductor-SP ADR | Add +43.2% | 1.98% | +0.88 |
| SCHW Schwab (charles) Corp. | Add +88.4% | 1.46% | +0.74 |
| BASG Brown Adviso Sustain Gro ETF | New | 0.64% | +0.64 |
| MRVL Marvell Technology Inc. | Add +8.0% | 2.12% | +0.43 |
| DDOG Datadog Inc. Class A | Add +23.3% | 1.06% | +0.37 |
| SPOT Spotify Technology SA | Add +931.2% | 0.37% | +0.34 |
| SHOP Shopify Inc. Class A | Add +5193.6% | 0.31% | +0.31 |
| META Meta Platforms Inc. Class A | Add +13.4% | 1.10% | +0.28 |
| BAFE Brown Flex Equity ETF | Add +14.5% | 1.71% | +0.23 |
| DKNG Draftkings Inc. Class A | Add +53272.1% | 0.23% | +0.23 |
| FICO Fair Isaac Corp. | Add +2047.5% | 0.24% | +0.23 |
| BASV Brown Advisory SV ETF | New | 0.17% | +0.17 |
| TTD Trade Desk Inc./the Class A | Add +2.7% | 0.79% | +0.16 |
| FERG Ferguson Enterprises Inc. | Add +0.4% | 0.70% | +0.14 |
| CARR Carrier Global Corp. | Add +6.3% | 0.99% | +0.11 |
| HDB HDFC Bank Ltd.-ADR | Add +13.4% | 0.55% | +0.09 |
| IVV iShares Core S&P 500 ETF | Add +6.8% | 1.11% | +0.09 |
| EAGL Eagle Capital Select Eqty | Add +162.6% | 0.10% | +0.06 |
| ASML ASML Holding NV-NY Reg SHS | Add +1.8% | 0.47% | +0.06 |
| BWXT BWX Technologies Inc. | Add +1948.6% | 0.06% | +0.05 |
| TOWN Towne Bank | Add +2646.3% | 0.05% | +0.05 |
| BAC Bank of America Corp. | Add +17.8% | 0.25% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +18.3% | 0.26% | +0.04 |
| LSCC Lattice Semiconductor Corp. | Add +126.2% | 0.09% | +0.04 |
| NOVT Novanta Inc. | Add +8526.6% | 0.04% | +0.04 |
| AVGO Broadcom Inc. | Add +2.8% | 0.08% | +0.03 |
| IJT iShares S&P Small-Cap 600 GR | Add +59.0% | 0.08% | +0.03 |
| APPF Appfolio Inc. Class A | Add +76.3% | 0.07% | +0.03 |
| RBLX Roblox Corp. Class A | Add +80.3% | 0.04% | +0.03 |
| IWO iShares Russell 2000 Growth | Add +53.0% | 0.07% | +0.02 |
| ODFL Old Dominion Freight Line | Add +53.0% | 0.09% | +0.02 |
| GNRC Generac Holdings Inc. | Add +11.7% | 0.17% | +0.02 |
| IWD iShares Russell 1000 Value E | Add +36.2% | 0.10% | +0.02 |
| DCO Ducommun Inc. | New | 0.02% | +0.02 |
| OS Onestream Inc. | Add +6.4% | 0.10% | +0.02 |
| CARS Cars.com Inc. | New | 0.02% | +0.02 |
| ORCL Oracle Corp. | Add +0.6% | 0.07% | +0.02 |
| VGSH Vanguard Short-Term Treasury | Add +30.9% | 0.13% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | Add +12.9% | 0.24% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.8% | 0.76% | +0.02 |
| SGOV iShares 0-3 Month Treasury B | Add +463.3% | 0.02% | +0.02 |
| OPLN Openlane Inc. | Add +4.9% | 0.09% | +0.02 |
| IWB iShares Russell 1000 ETF | Add +21.1% | 0.08% | +0.02 |
| GNL Global Net Lease Inc. | Add +83.5% | 0.04% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +31.4% | 0.06% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +17.1% | 0.13% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.8% | 0.52% | +0.01 |
| CCC CCC Intelligent Solutions Ho | Add +9.8% | 0.25% | +0.01 |
| IBM Intl Business Machines Corp. | Add +3.8% | 0.11% | +0.01 |
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 |