Brown Financial Advisors
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 18, 2024), Brown Financial Advisors reported 125 stock positions worth $242.9 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 5.9% of the portfolio, followed by Neos S&P 500 High Income ETF (SPYI, 3.5%) and Ste STR SPDR PT DW Eu ETF (SPDW, 3.3%). Compared with Q2 2024, it opened 10 new positions, sold out of 104, added to 52 and reduced 61. The biggest buy was Neos S&P 500 High Income ETF (SPYI, shares +2857%) and the biggest sale an exit from Alianzim US Eq BFR20 Mar-Usd (MARW).
- Most Recent 13F
- Q2 2026
- Location
- MILFORD, OH
- CIK
- 0002035548
- Portfolio Value
- $242.9M (Q3 2024)
- SEC Filing
- 0002035548-24-000003 ↗ filed Nov 18, 2024
Holdings Value
Holdings 125 stocks · $242.9M
| SPYM Ste STR SPDR PT S&P 500 ETF | 5.90% | 212,186 | $14.3M | Add +5.2% |
| SPYI Neos S&P 500 High Income ETF | 3.47% | 164,448 | $8.4M | Add +2856.6% |
| SPDW Ste STR SPDR PT DW Eu ETF | 3.32% | 214,914 | $8.1M | Add +5.9% |
| XBJL Inn US Eq Acc 9 Buff July | 3.29% | 238,476 | $8.0M | New |
| HELO JPMorgan Hedged Equity ETF | 3.26% | 129,362 | $7.9M | Add +70.2% |
| TJUL Innovator Equity Defined Pro | 2.35% | 208,165 | $5.7M | New |
| SIXJ Allian US Equ 6 Mon BU10-Usd | 2.06% | 170,346 | $5.0M | New |
| MSFT Microsoft Corp. | 1.99% | 11,222 | $4.8M | Reduce -6.4% |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.98% | 89,338 | $4.8M | Reduce -19.3% |
| DMBS Doubleline Mortgage ETF | 1.94% | 93,516 | $4.7M | Reduce -35.8% |
| AMZN Amazon.com Inc. | 1.91% | 24,922 | $4.6M | Add +1.0% |
| AAPL Apple Inc. | 1.88% | 19,548 | $4.6M | Reduce -6.5% |
| NVDA Nvidia Corp. | 1.74% | 34,822 | $4.2M | Add +16.4% |
| BBBS BBLX BBB 1-5Y Corp. Bond ETF | 1.66% | 78,393 | $4.0M | Add +5.3% |
| QUAL iShares MSCI USA Quality Fac | 1.66% | 22,472 | $4.0M | Add +5.3% |
| GOOG Alphabet Inc. Class C | 1.65% | 23,956 | $4.0M | Add +2.5% |
| JEPI JPMorgan Equity Premium Inco | 1.49% | 61,007 | $3.6M | Add +6.0% |
| ULST SS Ultra Short TM Bond ETF | 1.49% | 88,624 | $3.6M | Add +5.0% |
| GSY Invesco Ultra Short Duration | 1.48% | 71,578 | $3.6M | Add +4.8% |
| META Meta Platforms Inc. Class A | 1.47% | 6,221 | $3.6M | Add +34.5% |
| JSI JH Securitized Income ETF | 1.44% | 66,027 | $3.5M | Add +4.7% |
| SMOT Vaneck Morningstar Smid Moat | 1.37% | 95,150 | $3.3M | Add +5.8% |
| GBUY Goldman Sachs Fut Consumer | 1.33% | 92,362 | $3.2M | Add +5.6% |
| XTRE Bondbloxx BBG 3Y US TSY ETF | 1.29% | 62,533 | $3.1M | Add +101.7% |
| IGTR Innovator Grad Tact Rotation | 1.28% | 110,211 | $3.1M | Add +897.1% |
| JMBS Janus Henderson Mortg Backed | 1.28% | 66,667 | $3.1M | Add +4.5% |
| JAAA Janus Henderson Aaa Clo ETF | 1.26% | 60,027 | $3.1M | Add +5.7% |
| IQLT iShares MSCI International Q | 1.17% | 68,372 | $2.8M | Add +6.0% |
| UNH Unitedhealth Group Inc. | 1.14% | 4,742 | $2.8M | Reduce -16.7% |
| MBS Angel Oak Mortg-Bcked SE ETF | 1.13% | 308,170 | $2.7M | Add +1.0% |
| SPAB SS SPDR P Agg Bond ETF | 1.08% | 100,690 | $2.6M | Add +63.1% |
| TFJL Innovator 20 YR Treas Bond 5 | 1.08% | 124,819 | $2.6M | Add +4.6% |
| LMBS First Trust Low Duration Opp | 1.08% | 52,883 | $2.6M | New |
| AVEM Avantis Emerging Markets Eq | 0.93% | 35,037 | $2.3M | Add +5.9% |
| XFIV Bondbloxx BBG 5 YR US Treas | 0.86% | 41,734 | $2.1M | Reduce -20.3% |
| WMT Walmart Inc. | 0.82% | 24,520 | $2.0M | Reduce -2.8% |
| GS Goldman Sachs Group Inc. | 0.81% | 3,982 | $2.0M | Reduce -14.7% |
| JPM JPMorgan Chase & Co. | 0.80% | 9,207 | $1.9M | Reduce -15.5% |
| CVX Chevron Corp. | 0.79% | 13,068 | $1.9M | Reduce -12.3% |
| PG The Procter & Gamble Co. | 0.76% | 10,695 | $1.9M | Reduce -12.0% |
| JNJ Johnson & Johnson | 0.76% | 11,425 | $1.9M | Reduce -15.4% |
| FTSM First Trust Enh Short Mat FD | 0.74% | 30,118 | $1.8M | Add +4.7% |
| MS Morgan Stanley | 0.73% | 16,936 | $1.8M | Reduce -15.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.72% | 3,824 | $1.8M | Add +4.7% |
| MCD McDonald's Corp. | 0.72% | 5,763 | $1.8M | Reduce -8.9% |
| MDT Medtronic PLC | 0.71% | 19,099 | $1.7M | Reduce -14.3% |
| EXR Extra Space Storage Inc. | 0.68% | 9,134 | $1.6M | Add +69.0% |
| GLDM SPDR Gold Minishares Trust | 0.67% | 31,346 | $1.6M | Add +4.3% |
| SBUX Starbucks Corp. | 0.67% | 16,707 | $1.6M | Reduce -5.4% |
| KO The Coca-Cola Co. | 0.67% | 22,634 | $1.6M | Reduce -10.0% |
| ABT Abbott Laboratories | 0.65% | 13,844 | $1.6M | Reduce -8.9% |
| LOW Lowe's Cos Inc. | 0.65% | 5,789 | $1.6M | Add +3.0% |
| V Visa Inc. Class A | 0.64% | 5,677 | $1.6M | Add +10.8% |
| TGT Target Corp. | 0.64% | 9,971 | $1.6M | Reduce -0.7% |
| AVGO Broadcom Inc. | 0.64% | 9,000 | $1.6M | Add +1.6% |
| PYPL PayPal Holdings Inc. | 0.62% | 19,360 | $1.5M | Reduce -22.8% |
| URI United Rentals Inc. | 0.59% | 1,757 | $1.4M | Add +5.2% |
| NEE Nextera Energy Inc. | 0.56% | 16,004 | $1.4M | Reduce -23.9% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.54% | 24,930 | $1.3M | New |
| COP Conocophillips | 0.53% | 12,266 | $1.3M | Add +9.9% |
| PFE Pfizer Inc. | 0.52% | 43,888 | $1.3M | Add +74.1% |
| PANW Palo Alto Networks Inc. | 0.52% | 3,711 | $1.3M | Reduce -31.2% |
| SPTI SS SPDR P Int Term TSY ETF | 0.50% | 42,150 | $1.2M | Add +4.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.50% | 30,467 | $1.2M | Reduce -23.8% |
| COST Costco Wholesale Corp. | 0.49% | 1,343 | $1.2M | Reduce -14.1% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.48% | 27,930 | $1.2M | Add +67.2% |
| CSHI Neos Enhanced Income 1-3 Mon | 0.48% | 23,382 | $1.2M | Add +4.6% |
| AMD Advanced Micro Devices | 0.48% | 7,069 | $1.2M | Reduce -26.1% |
| DCRE DBL Comm Real Est Debt | 0.46% | 21,632 | $1.1M | Add +4.7% |
| NOW ServiceNow Inc. | 0.44% | 1,189 | $1.1M | Reduce -34.1% |
| MEM Matthews Em MKT Eqty Active | 0.44% | 32,063 | $1.1M | Add +6.0% |
| XSVN Bondbloxx BBG 7 YR US Treas | 0.43% | 21,250 | $1.0M | Reduce -50.6% |
| BSX Boston Scientific Corp. | 0.43% | 12,374 | $1.0M | Reduce -33.1% |
| ZBH Zimmer Biomet Holdings Inc. | 0.43% | 9,566 | $1.0M | Add +16.6% |
| PWR Quanta Services Inc. | 0.42% | 3,451 | $1.0M | Add +6.9% |
| ECL Ecolab Inc. | 0.42% | 4,000 | $1.0M | Add +0.1% |
| INTU Intuit Inc. | 0.42% | 1,639 | $1.0M | Add +0.9% |
| ETN Eaton Corp. PLC | 0.41% | 3,020 | $1.0M | New |
| EQIX Equinix Inc. | 0.40% | 1,094 | $971K | Add +6.1% |
| NFLX Netflix Inc. | 0.39% | 1,334 | $946K | Reduce -25.1% |
| PRFD PIMCO Pref and Cap Sec Act | 0.39% | 18,202 | $940K | Add +8.4% |
| PFEB Innovator U.S. Equity Power | 0.39% | 26,029 | $938K | Add +1.1% |
| AVY Avery Dennison Corp. | 0.38% | 4,203 | $928K | Add +8.0% |
| LUV Southwest Airlines Co. | 0.36% | 29,919 | $886K | Add +12.0% |
| GPN Global Payments Inc. | 0.36% | 8,529 | $874K | Reduce -26.9% |
| MA Mastercard Inc. Class A | 0.35% | 1,712 | $845K | Add +12.2% |
| LRCX Lam Research Corp. | 0.35% | 1,027 | $838K | Reduce -26.5% |
| IQV Iqvia Holdings Inc. | 0.33% | 3,432 | $813K | Add +13.0% |
| WCN Waste Connections Inc. | 0.32% | 4,279 | $765K | Reduce -0.6% |
| DXCM Dexcom Inc. | 0.30% | 10,793 | $724K | Reduce -1.0% |
| KVUE Kenvue Inc. | 0.23% | 24,352 | $563K | Reduce -34.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.22% | 5,760 | $529K | Reduce -56.4% |
| XEL Xcel Energy Inc. | 0.22% | 8,070 | $527K | Reduce -37.3% |
| RTX RTX Corp. | 0.21% | 4,311 | $522K | Reduce -39.4% |
| ORCL Oracle Corp. | 0.21% | 3,061 | $522K | Reduce -50.0% |
| SHW The Sherwin-Williams Co. | 0.21% | 1,361 | $519K | New |
| NOC Northrop Grumman Corp. | 0.21% | 983 | $519K | New |
| BX Blackstone Inc. | 0.21% | 3,380 | $518K | Reduce -41.9% |
| HD Home Depot Inc. | 0.21% | 1,260 | $511K | Reduce -41.9% |
| CAH Cardinal Health Inc. | 0.21% | 4,565 | $505K | Reduce -34.2% |
Portfolio Sells Q2 2024 → Q3 2024
| MARW Alianzim US Eq BFR20 Mar-Usd | Sold out | 0.00% | −1.70 |
| DMBS Doubleline Mortgage ETF | Reduce -35.8% | 1.94% | −1.20 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.76 |
| CI The Cigna Group | Reduce -76.0% | 0.18% | −0.58 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -19.3% | 1.98% | −0.56 |
| XSVN Bondbloxx BBG 7 YR US Treas | Reduce -50.6% | 0.43% | −0.47 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.44 |
| BFEB Innovator U.S. Equity Buffer | Sold out | 0.00% | −0.42 |
| MSFT Microsoft Corp. | Reduce -6.4% | 1.99% | −0.41 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.36 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.33 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -56.4% | 0.22% | −0.32 |
| LRCX Lam Research Corp. | Reduce -26.5% | 0.35% | −0.32 |
| MET Metlife Inc. | Sold out | 0.00% | −0.32 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.31 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.31 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.30 |
| PANW Palo Alto Networks Inc. | Reduce -31.2% | 0.52% | −0.29 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.29 |
| XFIV Bondbloxx BBG 5 YR US Treas | Reduce -20.3% | 0.86% | −0.27 |
| DXCM Dexcom Inc. | Reduce -1.0% | 0.30% | −0.25 |
| CVX Chevron Corp. | Reduce -12.3% | 0.79% | −0.25 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.24 |
| AMD Advanced Micro Devices | Reduce -26.1% | 0.48% | −0.22 |
| BAC Bank of America Corp. | Reduce -23.8% | 0.50% | −0.21 |
| BSX Boston Scientific Corp. | Reduce -33.1% | 0.43% | −0.21 |
| NOW ServiceNow Inc. | Reduce -34.1% | 0.44% | −0.20 |
| JPM JPMorgan Chase & Co. | Reduce -15.5% | 0.80% | −0.19 |
| ORCL Oracle Corp. | Reduce -50.0% | 0.21% | −0.17 |
| AMGN Amgen Inc. | Reduce -47.5% | 0.17% | −0.17 |
| SNAP Snap Inc. Class A | Sold out | 0.00% | −0.17 |
| UNH Unitedhealth Group Inc. | Reduce -16.7% | 1.14% | −0.15 |
| LHX L3HARRIS Technologies Inc. | Reduce -43.8% | 0.18% | −0.15 |
| AMP Ameriprise Financial Inc. | Reduce -46.8% | 0.17% | −0.15 |
| MS Morgan Stanley | Reduce -15.9% | 0.73% | −0.15 |
| HQY Healthequity Inc. | Sold out | 0.00% | −0.15 |
| NFLX Netflix Inc. | Reduce -25.1% | 0.39% | −0.15 |
| XOM Exxon Mobil Corp. | Reduce -38.5% | 0.20% | −0.15 |
| STZ Constellation Brands Inc. Class A | Reduce -41.5% | 0.17% | −0.15 |
| GPN Global Payments Inc. | Reduce -26.9% | 0.36% | −0.14 |
| INVH Invitation Homes Inc. | Sold out | 0.00% | −0.14 |
| ARE Alexandria Real Estate Equit | Reduce -41.4% | 0.17% | −0.14 |
| SAIA Saia Inc. | Sold out | 0.00% | −0.14 |
| LPLA LPL Financial Holdings Inc. | Sold out | 0.00% | −0.14 |
| NYT New York Times Co. Class A | Reduce -40.7% | 0.20% | −0.14 |
| PG The Procter & Gamble Co. | Reduce -12.0% | 0.76% | −0.13 |
| PCRX Pacira Biosciences Inc. | Sold out | 0.00% | −0.13 |
| GS Goldman Sachs Group Inc. | Reduce -14.7% | 0.81% | −0.13 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.13 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −0.13 |
Portfolio Buys Q2 2024 → Q3 2024
| SPYI Neos S&P 500 High Income ETF | Add +2856.6% | 3.47% | +3.34 |
| XBJL Inn US Eq Acc 9 Buff July | New | 3.29% | +3.29 |
| TJUL Innovator Equity Defined Pro | New | 2.35% | +2.35 |
| SIXJ Allian US Equ 6 Mon BU10-Usd | New | 2.06% | +2.06 |
| HELO JPMorgan Hedged Equity ETF | Add +70.2% | 3.26% | +1.27 |
| IGTR Innovator Grad Tact Rotation | Add +897.1% | 1.28% | +1.15 |
| LMBS First Trust Low Duration Opp | New | 1.08% | +1.08 |
| XTRE Bondbloxx BBG 3Y US TSY ETF | Add +101.7% | 1.29% | +0.61 |
| IGSB iShares 1-5Y Inv Grade Corp. | New | 0.54% | +0.54 |
| META Meta Platforms Inc. Class A | Add +34.5% | 1.47% | +0.42 |
| ETN Eaton Corp. PLC | New | 0.41% | +0.41 |
| SPAB SS SPDR P Agg Bond ETF | Add +63.1% | 1.08% | +0.39 |
| EXR Extra Space Storage Inc. | Add +69.0% | 0.68% | +0.30 |
| SHW The Sherwin-Williams Co. | New | 0.21% | +0.21 |
| NOC Northrop Grumman Corp. | New | 0.21% | +0.21 |
| PFE Pfizer Inc. | Add +74.1% | 0.52% | +0.21 |
| CRM Salesforce Inc. | New | 0.20% | +0.20 |
| HON Honeywell International Inc. | New | 0.18% | +0.18 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +5.9% | 3.32% | +0.14 |
| SLB SLB Ltd. | Add +67.2% | 0.48% | +0.13 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +5.2% | 5.90% | +0.13 |
| URI United Rentals Inc. | Add +5.2% | 0.59% | +0.10 |
| LOW Lowe's Cos Inc. | Add +3.0% | 0.65% | +0.09 |
| NVDA Nvidia Corp. | Add +16.4% | 1.74% | +0.09 |
| SMOT Vaneck Morningstar Smid Moat | Add +5.8% | 1.37% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.7% | 0.72% | +0.06 |
| PWR Quanta Services Inc. | Add +6.9% | 0.42% | +0.06 |
| GLDM SPDR Gold Minishares Trust | Add +4.3% | 0.67% | +0.05 |
| EQIX Equinix Inc. | Add +6.1% | 0.40% | +0.05 |
| IQV Iqvia Holdings Inc. | Add +13.0% | 0.33% | +0.05 |
| MA Mastercard Inc. Class A | Add +12.2% | 0.35% | +0.05 |
| IQLT iShares MSCI International Q | Add +6.0% | 1.17% | +0.04 |
| V Visa Inc. Class A | Add +10.8% | 0.64% | +0.04 |
| GBUY Goldman Sachs Fut Consumer | Add +5.6% | 1.33% | +0.04 |
| JEPI JPMorgan Equity Premium Inco | Add +6.0% | 1.49% | +0.04 |
| QUAL iShares MSCI USA Quality Fac | Add +5.3% | 1.66% | +0.03 |
| AVEM Avantis Emerging Markets Eq | Add +5.9% | 0.93% | +0.03 |
| ZBH Zimmer Biomet Holdings Inc. | Add +16.6% | 0.43% | +0.03 |
| TFJL Innovator 20 YR Treas Bond 5 | Add +4.6% | 1.08% | +0.03 |
| LUV Southwest Airlines Co. | Add +12.0% | 0.36% | +0.02 |
| MEM Matthews Em MKT Eqty Active | Add +6.0% | 0.44% | +0.02 |
| PRFD PIMCO Pref and Cap Sec Act | Add +8.4% | 0.39% | +0.01 |
| JMBS Janus Henderson Mortg Backed | Add +4.5% | 1.28% | +0.01 |
| AVGO Broadcom Inc. | Add +1.6% | 0.64% | +0.00 |
| AVY Avery Dennison Corp. | Add +8.0% | 0.38% | +0.00 |
| IJAN Innovator International Deve | Add +1.5% | 0.10% | −0.00 |
| SPTI SS SPDR P Int Term TSY ETF | Add +4.0% | 0.50% | −0.00 |
| ECL Ecolab Inc. | Add +0.1% | 0.42% | −0.00 |
| BBBS BBLX BBB 1-5Y Corp. Bond ETF | Add +5.3% | 1.66% | −0.01 |
| DCRE DBL Comm Real Est Debt | Add +4.7% | 0.46% | −0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 212 | $286.4M | SPYM, DMBS, NVDA, AVDE, AMZN |
| Q1 2026 | 209 | $264.0M | SPYM, DMBS, AMZN, AVDE, NVDA |
| Q4 2025 | 152 | $273.2M | SPYM, DMBS, NVDA, AMZN, MSFT |
| Q3 2025 | 147 | $270.7M | SPYM, DMBS, NVDA, MSFT, AMZN |
| Q2 2025 | 138 | $256.2M | SPYM, MSFT, NVDA, AMZN, DMBS |
| Q1 2025 | 130 | $242.5M | SPYM, DMBS, SPYI, AMZN, MSFT |
| Q4 2024 | 125 | $249.0M | SPYM, SPYI, XBJL, DMBS, SPDW |
| Q3 2024 | 125 | $242.9M | SPYM, SPYI, SPDW, XBJL, HELO |
| Q2 2024 | 219 | $223.8M | SPYM, SPDW, DMBS, IGIB, MSFT |