Brown Financial Advisors
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Brown Financial Advisors reported 209 stock positions worth $264.0 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 6.0% of the portfolio, followed by Doubleline Mortgage ETF (DMBS, 3.8%) and Amazon.com (AMZN, 2.4%). Compared with Q4 2025, it opened 62 new positions, sold out of 5, added to 54 and reduced 93. The biggest buy was Doubleline Mortgage ETF (DMBS, shares +25%) and the biggest sale Neos S&P 500 High Income ETF (SPYI, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- MILFORD, OH
- CIK
- 0002035548
- Portfolio Value
- $264.0M (Q1 2026)
- SEC Filing
- 0002035548-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 209 stocks · $264.0M
| SPYM Ste STR SPDR PT S&P 500 ETF | 6.04% | 208,257 | $15.9M | Add +1.7% |
| DMBS Doubleline Mortgage ETF | 3.81% | 203,658 | $10.1M | Add +24.6% |
| AMZN Amazon.com Inc. | 2.40% | 30,457 | $6.3M | Reduce -1.3% |
| AVDE Avantis International Equity | 2.35% | 73,045 | $6.2M | Reduce -2.1% |
| NVDA Nvidia Corp. | 2.30% | 34,825 | $6.1M | Reduce -11.1% |
| MSFT Microsoft Corp. | 2.17% | 15,510 | $5.7M | Add +7.5% |
| GOOG Alphabet Inc. Class C | 2.04% | 18,745 | $5.4M | Reduce -9.3% |
| AAPL Apple Inc. | 1.96% | 20,399 | $5.2M | Reduce -9.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 1.92% | 111,193 | $5.1M | Reduce -2.4% |
| XFIV Bondbloxx BBG 5 YR US Treas | 1.85% | 99,566 | $4.9M | Add +30.3% |
| AVEM Avantis Emerging Markets Eq | 1.73% | 56,622 | $4.6M | Reduce -3.0% |
| RECS Columbia Resear Enh Cor ETF | 1.69% | 114,795 | $4.5M | Reduce -0.8% |
| JMBS Janus Henderson Mortg Backed | 1.57% | 91,583 | $4.1M | Reduce -3.1% |
| JAAA Janus Henderson Aaa Clo ETF | 1.51% | 79,022 | $4.0M | Add +16.6% |
| META Meta Platforms Inc. Class A | 1.49% | 6,857 | $3.9M | Reduce -7.4% |
| BBBS BBLX BBB 1-5Y Corp. Bond ETF | 1.43% | 73,575 | $3.8M | Add +30.8% |
| DABS Doubleline Asset-Backed ETF | 1.40% | 72,812 | $3.7M | Add +18.9% |
| XSVN Bondbloxx BBG 7 YR US Treas | 1.28% | 70,944 | $3.4M | Add +30.8% |
| QQQM Invesco Nasdaq 100 ETF | 1.24% | 13,797 | $3.3M | Reduce -0.6% |
| PG The Procter & Gamble Co. | 1.19% | 21,732 | $3.1M | Add +17.2% |
| XTRE Bondbloxx BBG 3Y US TSY ETF | 1.14% | 60,912 | $3.0M | Add +31.4% |
| SEPU Allianzim US BF15 Uncap Sep | 1.06% | 100,290 | $2.8M | Reduce -0.8% |
| AVGO Broadcom Inc. | 1.05% | 8,973 | $2.8M | Reduce -7.0% |
| GS Goldman Sachs Group Inc. | 1.02% | 3,193 | $2.7M | Reduce -10.2% |
| GLDM SPDR Gold Minishares Trust | 1.02% | 28,995 | $2.7M | Add +9.5% |
| CVX Chevron Corp. | 1.00% | 12,788 | $2.6M | Reduce -20.4% |
| JPM JPMorgan Chase & Co. | 1.00% | 8,976 | $2.6M | Reduce -4.8% |
| XTEN Bondbloxx BBG 10Y US TSY ETF | 0.99% | 57,064 | $2.6M | Add +26.0% |
| PCMM BBLX Private Credit Clo ETF | 0.98% | 52,730 | $2.6M | Add +32.2% |
| IETC iShares U.S. Tech Independen | 0.97% | 28,966 | $2.6M | Add +2.1% |
| MS Morgan Stanley | 0.94% | 15,130 | $2.5M | Reduce -5.1% |
| XLF SS Financial Select Sector | 0.92% | 49,281 | $2.4M | Add +0.5% |
| WMT Walmart Inc. | 0.84% | 17,931 | $2.2M | Reduce -15.0% |
| GSY Invesco Ultra Short Duration | 0.84% | 44,280 | $2.2M | Reduce -43.7% |
| UYLD Angel Oak Ultrashort Income | 0.84% | 43,303 | $2.2M | Reduce -43.9% |
| TGT Target Corp. | 0.83% | 18,139 | $2.2M | Reduce -15.8% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.79% | 39,013 | $2.1M | Reduce -2.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.72% | 3,980 | $1.9M | Reduce -8.5% |
| V Visa Inc. Class A | 0.71% | 6,194 | $1.9M | Reduce -2.2% |
| UNH Unitedhealth Group Inc. | 0.71% | 6,908 | $1.9M | Add +8.0% |
| SPYI Neos S&P 500 High Income ETF | 0.70% | 37,677 | $1.9M | Reduce -68.8% |
| MDT Medtronic PLC | 0.70% | 21,380 | $1.9M | Reduce -4.8% |
| KO The Coca-Cola Co. | 0.67% | 23,411 | $1.8M | Reduce -12.1% |
| MCD McDonald's Corp. | 0.65% | 5,563 | $1.7M | Reduce -6.5% |
| ABT Abbott Laboratories | 0.65% | 16,679 | $1.7M | Add +3.9% |
| SMOT Vaneck Morningstar Smid Moat | 0.65% | 48,460 | $1.7M | Add +0.1% |
| ETN Eaton Corp. PLC | 0.63% | 4,682 | $1.7M | Reduce -18.2% |
| SPTI SS SPDR P Int Term TSY ETF | 0.63% | 57,807 | $1.7M | Reduce -2.0% |
| PRFD PIMCO Pref and Cap Sec Act | 0.61% | 31,961 | $1.6M | Reduce -3.3% |
| NFLX Netflix Inc. | 0.61% | 16,834 | $1.6M | Add +3.2% |
| JNJ Johnson & Johnson | 0.60% | 6,522 | $1.6M | Reduce -17.1% |
| BTCO Invsco GLXY BTCN ETF | 0.60% | 23,532 | $1.6M | Add +6.3% |
| LOW Lowe's Cos Inc. | 0.59% | 6,579 | $1.6M | Reduce -16.7% |
| AVUS Avantis U.S. Equity ETF | 0.58% | 13,829 | $1.5M | Add +27.8% |
| COP Conocophillips | 0.58% | 11,644 | $1.5M | Reduce -18.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.58% | 31,328 | $1.5M | Reduce -1.6% |
| PRIV SS Ig Publ Priv Cred ETF-Usd | 0.57% | 59,442 | $1.5M | Add +25.5% |
| PANW Palo Alto Networks Inc. | 0.54% | 8,975 | $1.4M | Add +2.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.52% | 15,106 | $1.4M | Add +3.2% |
| FTSM First Trust Enh Short Mat FD | 0.52% | 22,804 | $1.4M | Reduce -4.5% |
| PWR Quanta Services Inc. | 0.51% | 2,430 | $1.3M | Reduce -22.0% |
| URI United Rentals Inc. | 0.51% | 1,831 | $1.3M | Reduce -14.2% |
| SBUX Starbucks Corp. | 0.50% | 14,823 | $1.3M | Reduce -14.7% |
| MUB iShares National Muni Bond E | 0.50% | 12,484 | $1.3M | Add +45.5% |
| CSNR C&S Nat Resources Active ETF | 0.50% | 35,188 | $1.3M | Reduce -2.4% |
| LRCX Lam Research Corp. | 0.49% | 6,044 | $1.3M | Reduce -26.7% |
| SPAB SS SPDR P Agg Bond ETF | 0.48% | 49,607 | $1.3M | Reduce -37.5% |
| MLM Martin Marietta Materials | 0.47% | 2,093 | $1.2M | Reduce -12.5% |
| WCN Waste Connections Inc. | 0.45% | 7,380 | $1.2M | Reduce -5.0% |
| ECL Ecolab Inc. | 0.45% | 4,498 | $1.2M | Reduce -16.2% |
| APH Amphenol Corp. Class A | 0.45% | 9,304 | $1.2M | Reduce -11.9% |
| TOLZ Proshares GLB Infrastructure | 0.43% | 18,775 | $1.1M | Add +0.2% |
| BKR Baker Hughes Co. | 0.41% | 17,863 | $1.1M | Reduce -26.5% |
| NEE Nextera Energy Inc. | 0.40% | 11,497 | $1.1M | Reduce -15.4% |
| EQIX Equinix Inc. | 0.40% | 1,086 | $1.1M | Reduce -22.1% |
| COST Costco Wholesale Corp. | 0.40% | 1,068 | $1.1M | Reduce -22.1% |
| NOW ServiceNow Inc. | 0.40% | 10,116 | $1.1M | Add +29.4% |
| EXR Extra Space Storage Inc. | 0.40% | 8,007 | $1.0M | Reduce -13.1% |
| CTAS Cintas Corp. | 0.40% | 6,206 | $1.0M | Reduce -9.3% |
| PYPL PayPal Holdings Inc. | 0.39% | 23,054 | $1.0M | Add +24.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.39% | 6,511 | $1.0M | Reduce -6.9% |
| VRTX Vertex Pharmaceuticals Inc. | 0.36% | 2,141 | $956K | Reduce -9.6% |
| DXCM Dexcom Inc. | 0.36% | 15,142 | $951K | Reduce -10.0% |
| ISRG Intuitive Surgical Inc. | 0.34% | 1,938 | $893K | Add +2.9% |
| SNPS Synopsys Inc. | 0.34% | 2,239 | $888K | Reduce -2.0% |
| CSHI Neos Enhanced Income 1-3 Mon | 0.32% | 16,787 | $836K | Reduce -4.1% |
| LLY Eli Lilly & Co. | 0.31% | 903 | $831K | Reduce -11.2% |
| BSX Boston Scientific Corp. | 0.31% | 13,132 | $824K | Add +13.4% |
| PODD Insulet Corp. | 0.31% | 3,847 | $807K | Add +3.4% |
| LUV Southwest Airlines Co. | 0.30% | 21,202 | $797K | Reduce -20.5% |
| AZN Astrazeneca PLC | 0.29% | 3,868 | $763K | Add +35.4% |
| ROK Rockwell Automation Inc. | 0.28% | 2,047 | $735K | Add +66.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.27% | 534 | $705K | Add +22.8% |
| KEY Keycorp | 0.26% | 33,647 | $675K | Add +13.3% |
| LYB Lyondellbasell Indu Class A | 0.25% | 8,180 | $659K | Reduce -16.6% |
| EOG EOG Resources Inc. | 0.24% | 4,332 | $626K | Reduce -4.4% |
| FEBT Allianzim US Eq BFFR10 FB-US | 0.23% | 16,050 | $601K | Reduce -2.9% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.23% | 22,751 | $598K | Reduce -3.8% |
| XOM Exxon Mobil Corp. | 0.22% | 3,457 | $586K | Reduce -15.7% |
| SPTS SS SPDR P St Term TSY ETF | 0.21% | 19,382 | $566K | Reduce -4.0% |
Portfolio Sells Q4 2025 → Q1 2026
| SPYI Neos S&P 500 High Income ETF | Reduce -68.8% | 0.70% | −1.61 |
| XBJL Inn US Eq Acc 9 Buff July | Sold out | 0.00% | −1.58 |
| TJUL Innovator Equity Defined Pro | Sold out | 0.00% | −1.10 |
| IGTR Innovator Grad Tact Rotation | Reduce -88.4% | 0.09% | −0.63 |
| UYLD Angel Oak Ultrashort Income | Reduce -43.9% | 0.84% | −0.61 |
| GSY Invesco Ultra Short Duration | Reduce -43.7% | 0.84% | −0.61 |
| HELO JPMorgan Hedged Equity ETF | Sold out | 0.00% | −0.59 |
| NVDA Nvidia Corp. | Reduce -11.1% | 2.30% | −0.37 |
| GOOG Alphabet Inc. Class C | Reduce -9.3% | 2.04% | −0.34 |
| META Meta Platforms Inc. Class A | Reduce -7.4% | 1.49% | −0.30 |
| AAPL Apple Inc. | Reduce -9.1% | 1.96% | −0.27 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -37.5% | 0.48% | −0.27 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 2.40% | −0.20 |
| AVGO Broadcom Inc. | Reduce -7.0% | 1.05% | −0.17 |
| URI United Rentals Inc. | Reduce -14.2% | 0.51% | −0.13 |
| GS Goldman Sachs Group Inc. | Reduce -10.2% | 1.02% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -4.8% | 1.00% | −0.11 |
| LOW Lowe's Cos Inc. | Reduce -16.7% | 0.59% | −0.11 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.11 |
| V Visa Inc. Class A | Reduce -2.2% | 0.71% | −0.10 |
| LUV Southwest Airlines Co. | Reduce -20.5% | 0.30% | −0.10 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.09 |
| MS Morgan Stanley | Reduce -5.1% | 0.94% | −0.09 |
| MDT Medtronic PLC | Reduce -4.8% | 0.70% | −0.09 |
| LLY Eli Lilly & Co. | Reduce -11.2% | 0.31% | −0.09 |
| MLM Martin Marietta Materials | Reduce -12.5% | 0.47% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -8.5% | 0.72% | −0.08 |
| APH Amphenol Corp. Class A | Reduce -11.9% | 0.45% | −0.08 |
| CTAS Cintas Corp. | Reduce -9.3% | 0.40% | −0.07 |
| BAC Bank of America Corp. | Reduce -1.6% | 0.58% | −0.06 |
| ECL Ecolab Inc. | Reduce -16.2% | 0.45% | −0.06 |
| SNPS Synopsys Inc. | Reduce -2.0% | 0.34% | −0.06 |
| DXCM Dexcom Inc. | Reduce -10.0% | 0.36% | −0.05 |
| WCN Waste Connections Inc. | Reduce -5.0% | 0.45% | −0.04 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -0.6% | 1.24% | −0.04 |
| EXR Extra Space Storage Inc. | Reduce -13.1% | 0.40% | −0.04 |
| RECS Columbia Resear Enh Cor ETF | Reduce -0.8% | 1.69% | −0.03 |
| ETN Eaton Corp. PLC | Reduce -18.2% | 0.63% | −0.03 |
| SBUX Starbucks Corp. | Reduce -14.7% | 0.50% | −0.03 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -9.6% | 0.36% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -22.1% | 0.40% | −0.03 |
| LRCX Lam Research Corp. | Reduce -26.7% | 0.49% | −0.03 |
| UPS United Parcel Service Class B | Reduce -16.3% | 0.15% | −0.03 |
| USB US Bancorp | Reduce -13.7% | 0.16% | −0.02 |
| C Citigroup Inc. | Reduce -10.9% | 0.20% | −0.02 |
| KLAC KLA Corp. | Reduce -30.3% | 0.14% | −0.02 |
| WMT Walmart Inc. | Reduce -15.0% | 0.84% | −0.02 |
| JMBS Janus Henderson Mortg Backed | Reduce -3.1% | 1.57% | −0.01 |
| MCD McDonald's Corp. | Reduce -6.5% | 0.65% | −0.01 |
| ARE Alexandria Real Estate Equit | Reduce -4.7% | 0.15% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| DMBS Doubleline Mortgage ETF | Add +24.6% | 3.81% | +0.84 |
| XFIV Bondbloxx BBG 5 YR US Treas | Add +30.3% | 1.85% | +0.47 |
| BBBS BBLX BBB 1-5Y Corp. Bond ETF | Add +30.8% | 1.43% | +0.37 |
| XSVN Bondbloxx BBG 7 YR US Treas | Add +30.8% | 1.28% | +0.33 |
| XTRE Bondbloxx BBG 3Y US TSY ETF | Add +31.4% | 1.14% | +0.30 |
| DABS Doubleline Asset-Backed ETF | Add +18.9% | 1.40% | +0.26 |
| JAAA Janus Henderson Aaa Clo ETF | Add +16.6% | 1.51% | +0.25 |
| PCMM BBLX Private Credit Clo ETF | Add +32.2% | 0.98% | +0.25 |
| XTEN Bondbloxx BBG 10Y US TSY ETF | Add +26.0% | 0.99% | +0.23 |
| PG The Procter & Gamble Co. | Add +17.2% | 1.19% | +0.22 |
| GLDM SPDR Gold Minishares Trust | Add +9.5% | 1.02% | +0.19 |
| MUB iShares National Muni Bond E | Add +45.5% | 0.50% | +0.17 |
| EQNR Equinor ASA-Spon ADR | New | 0.16% | +0.16 |
| SU Suncor Energy Inc. | New | 0.14% | +0.14 |
| AVUS Avantis U.S. Equity ETF | Add +27.8% | 0.58% | +0.14 |
| SHEL Shell PLC-ADR | New | 0.13% | +0.13 |
| RJF Raymond James Financial Inc. | New | 0.13% | +0.13 |
| PNFP Pinnacle Financial Partners | New | 0.13% | +0.13 |
| PRIV SS Ig Publ Priv Cred ETF-Usd | Add +25.5% | 0.57% | +0.13 |
| HUM Humana Inc. | New | 0.12% | +0.12 |
| JD Jd.com Inc.-ADR | New | 0.12% | +0.12 |
| SBS Cia Saneamento Basico DE-ADR | New | 0.11% | +0.11 |
| LIN Linde PLC | New | 0.11% | +0.11 |
| SKM SK Telecom Co. Ltd.-Spon ADR | New | 0.11% | +0.11 |
| CM Can Imperial BK of Commerce | New | 0.11% | +0.11 |
| VOD Vodafone Group PLC-SP ADR | New | 0.11% | +0.11 |
| CNI Canadian Natl Railway Co. | New | 0.11% | +0.11 |
| NVS Novartis AG-Sponsored ADR | New | 0.11% | +0.11 |
| IVV iShares Core S&P 500 ETF | Add +124.6% | 0.19% | +0.11 |
| CLH Clean Harbors Inc. | New | 0.10% | +0.10 |
| NGG National Grid PLC-SP ADR | New | 0.10% | +0.10 |
| AER Aercap Holdings NV | New | 0.10% | +0.10 |
| UBS UBS Group AG-Reg | New | 0.10% | +0.10 |
| BWXT BWX Technologies Inc. | New | 0.10% | +0.10 |
| ROK Rockwell Automation Inc. | Add +66.4% | 0.28% | +0.10 |
| RY Royal Bank of Canada | New | 0.10% | +0.10 |
| CCEP Coca-Cola Europacific Partne | New | 0.10% | +0.10 |
| HSBC HSBC Holdings PLC-Spons ADR | New | 0.10% | +0.10 |
| COO The Cooper Cos Inc. | New | 0.10% | +0.10 |
| TEL Te Connectivity PLC | New | 0.10% | +0.10 |
| IHG Intercontinental Hotels-ADR | New | 0.10% | +0.10 |
| KB KB Financial Group Inc.-ADR | New | 0.10% | +0.10 |
| NWG Natwest Group PLC -Spon ADR | New | 0.10% | +0.10 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.10% | +0.10 |
| LYG Lloyds Banking Group PLC-ADR | New | 0.10% | +0.10 |
| PUK Prudential PLC-ADR | New | 0.10% | +0.10 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | New | 0.10% | +0.10 |
| ING ING Groep N.V.-Sponsored ADR | New | 0.10% | +0.10 |
| ASML ASML Holding NV-NY Reg SHS | Add +22.8% | 0.27% | +0.10 |
| AZN Astrazeneca PLC | Add +35.4% | 0.29% | +0.10 |
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 |