Brown Financial Advisory
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 25, 2024), Brown Financial Advisory reported 36 stock positions worth $141.3 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 42.2% of the portfolio, followed by Vanguard Most SM-Cap ETF-Usd (VB, 13.5%) and Dimensional US Real Est ETF (DFAR, 10.4%). Compared with Q2 2024, it opened 5 new positions, sold out of 1, added to 3 and reduced 11. The biggest buy was Vanguard Most SM-Cap ETF-Usd (VB, shares +3%) and the biggest sale iShares Russell 1000 ETF (IWB, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- FAIRHOPE, AL
- CIK
- 0001843853
- Portfolio Value
- $141.3M (Q3 2024)
- SEC Filing
- 0001085146-24-005123 ↗ filed Oct 25, 2024
Holdings Value
Holdings 36 stocks · $141.3M
| SPYM Ste STR SPDR PT S&P 500 ETF | 42.16% | 882,589 | $59.6M | Add +2.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 13.53% | 80,614 | $19.1M | Add +2.9% |
| DFAR Dimensional US Real Est ETF | 10.44% | 575,579 | $14.8M | Reduce -2.8% |
| IWB iShares Russell 1000 ETF | 7.51% | 33,774 | $10.6M | Reduce -1.6% |
| SPDW Ste STR SPDR PT DW Eu ETF | 5.85% | 220,111 | $8.3M | Reduce -0.1% |
| SPEM State Street SP PTF Em ETF | 4.21% | 144,152 | $6.0M | Reduce -3.8% |
| VONE Vanguard Russell 1000 | 2.23% | 12,094 | $3.1M | Reduce -3.6% |
| AVEM Avantis Emerging Markets Eq | 2.13% | 46,691 | $3.0M | Reduce -5.3% |
| AVDE Avantis International Equity | 1.33% | 28,078 | $1.9M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 1.28% | 3,927 | $1.8M | No change |
| IVV iShares Core S&P 500 ETF | 1.04% | 2,537 | $1.5M | Reduce -0.6% |
| IWF iShares Russell 1000 Growth | 0.99% | 3,737 | $1.4M | No change |
| IWD iShares Russell 1000 Value E | 0.70% | 5,207 | $988K | No change |
| SPHY SS SPDR P High Yield ETF | 0.67% | 39,089 | $940K | Reduce -7.3% |
| SXT Sensient Technologies Corp. | 0.61% | 10,708 | $859K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.47% | 2,367 | $670K | No change |
| SPSM SS SPDR P S&P 600 Small Cap | 0.44% | 13,663 | $622K | Reduce -5.0% |
| USRT iShares Core US REIT ETF | 0.40% | 9,276 | $571K | Reduce -13.7% |
| VNQ Vanguard Real Estate ETF | 0.36% | 5,288 | $515K | No change |
| SPAB SS SPDR P Agg Bond ETF | 0.34% | 18,145 | $474K | No change |
| IWM iShares Russell 2000 ETF | 0.31% | 1,980 | $437K | No change |
| ABBV Abbvie Inc. | 0.25% | 1,765 | $349K | No change |
| VEA Vanguard Ftse Developed ETF | 0.24% | 6,471 | $342K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.23% | 579 | $332K | No change |
| AAPL Apple Inc. | 0.22% | 1,365 | $318K | Add +0.1% |
| BNDX Vanguard Total Intl Bond ETF | 0.22% | 6,201 | $312K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.21% | 6,267 | $300K | No change |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.21% | 288 | $299K | No change |
| MKC McCormick & Co.-Non VTG SHRS | 0.20% | 3,380 | $278K | No change |
| BSCT Invesco Bulletshares 2029 CB | 0.20% | 14,683 | $276K | New |
| L Loews Corp. | 0.19% | 3,377 | $267K | No change |
| BSCR Invesco Bulletshares 2027 CB | 0.19% | 13,493 | $266K | New |
| VTWO Vanguard Russell 2000 ETF | 0.19% | 2,947 | $263K | Reduce -14.3% |
| SO The Southern Co. | 0.16% | 2,443 | $220K | New |
| META Meta Platforms Inc. Class A | 0.15% | 380 | $218K | New |
| ABT Abbott Laboratories | 0.15% | 1,804 | $206K | New |
Portfolio Sells Q2 2024 → Q3 2024
| IWB iShares Russell 1000 ETF | Reduce -1.6% | 7.51% | −0.34 |
| AVEM Avantis Emerging Markets Eq | Reduce -5.3% | 2.13% | −0.18 |
| MSFT Microsoft Corp. | Sold out | 0.00% | −0.16 |
| VONE Vanguard Russell 1000 | Reduce -3.6% | 2.23% | −0.15 |
| SPEM State Street SP PTF Em ETF | Reduce -3.8% | 4.21% | −0.13 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -0.1% | 5.85% | −0.09 |
| SPHY SS SPDR P High Yield ETF | Reduce -7.3% | 0.67% | −0.09 |
| USRT iShares Core US REIT ETF | Reduce -13.7% | 0.40% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -0.6% | 1.04% | −0.04 |
| VTWO Vanguard Russell 2000 ETF | Reduce -14.3% | 0.19% | −0.03 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -5.0% | 0.44% | −0.02 |
| DFAR Dimensional US Real Est ETF | Reduce -2.8% | 10.44% | +0.38 |
Portfolio Buys Q2 2024 → Q3 2024
| VB Vanguard Most SM-Cap ETF-Usd | Add +2.9% | 13.53% | +0.40 |
| BSCT Invesco Bulletshares 2029 CB | New | 0.20% | +0.20 |
| BSCR Invesco Bulletshares 2027 CB | New | 0.19% | +0.19 |
| SO The Southern Co. | New | 0.16% | +0.16 |
| META Meta Platforms Inc. Class A | New | 0.15% | +0.15 |
| ABT Abbott Laboratories | New | 0.15% | +0.15 |
| AAPL Apple Inc. | Add +0.1% | 0.22% | +0.00 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +2.2% | 42.16% | −0.35 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 49 | $239.4M | SPYM, VB, DEXC, IWB, SPDW |
| Q1 2026 | 49 | $201.6M | SPYM, VB, DEXC, IWB, SPDW |
| Q4 2025 | 56 | $197.9M | SPYM, VB, DEXC, IWB, SPDW |
| Q3 2025 | 55 | $191.0M | SPYM, VB, DEXC, IWB, SPDW |
| Q2 2025 | 55 | $181.2M | SPYM, VB, DEXC, IWB, SPDW |
| Q1 2025 | 51 | $158.6M | SPYM, VB, DEXC, DFAR, IWB |
| Q4 2024 | 34 | $140.4M | SPYM, VB, DFAR, IWB, SPDW |
| Q3 2024 | 36 | $141.3M | SPYM, VB, DFAR, IWB, SPDW |
| Q2 2024 | 32 | $130.1M | SPYM, VB, DFAR, IWB, SPDW |
| Q1 2024 | 32 | $128.7M | SPYM, VB, DFAR, IWB, SPDW |