BROWN FINANCIAL ADVISORY

Filed: 1/25/2023ACC: 0001085146-23-000352

📋 What this filing means

BROWN FINANCIAL ADVISORY filed this quarterly 13F‑HR report disclosing 29 equity positions with a total reported market value of $96.94M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$96.94M

Total AUM (reported)

1.82M

Total Shares

Allocation by class

PORTFOLIO S&P500$34.95M36.1%

SMALL CP ETF$12.20M12.6%

PORTFOLIO DEVLPD$9.54M9.8%

RUS 1000 ETF$9.07M9.4%

PORTFOLIO EMG MK$8.06M8.3%

CORE INTL AGGR$2.93M3.0%

TAX EXEMPT BD$2.51M2.6%

Portfolio Concentration

Top 3$56.69M58.5%

4–10$28.83M29.7%

11–25$10.53M10.9%

Rest$888.3K0.9%

Top 3 weight

58.5%

Top 10 weight

88.2%

Voting Authority Distribution

Total shares with voting rights: 1.82M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.82M

% of voting shares100.0%

Investment Discretion (by position count)

Sole29

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings29

Rows:

SPDR SER TR

SOLE

PORTFOLIO S&P500

Shares776.92K

TypeSH

Market value$34.95M

36.05%

Sole

0.00

Shared

0.00

None

776.92K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares66.50K

TypeSH

Market value$12.20M

12.59%

Sole

0.00

Shared

0.00

None

66.50K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO DEVLPD

Shares321.35K

TypeSH

Market value$9.54M

9.84%

Sole

0.00

Shared

0.00

None

321.35K

ISHARES TR

SOLE

RUS 1000 ETF

Shares43.07K

TypeSH

Market value$9.07M

9.35%

Sole

0.00

Shared

0.00

None

43.07K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares244.56K

TypeSH

Market value$8.06M

8.32%

Sole

0.00

Shared

0.00

None

244.56K

ISHARES TR

SOLE

CORE INTL AGGR

Shares61.54K

TypeSH

Market value$2.93M

3.02%

Sole

0.00

Shared

0.00

None

61.54K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares50.76K

TypeSH

Market value$2.51M

2.59%

Sole

0.00

Shared

0.00

None

50.76K

VANGUARD SCOTTSDALE FDS

SOLE

VNG RUS1000IDX

Shares14.22K

TypeSH

Market value$2.48M

2.56%

Sole

0.00

Shared

0.00

None

14.22K

ISHARES TR

SOLE

CRE U S REIT ETF

Shares40.30K

TypeSH

Market value$1.99M

2.06%

Sole

0.00

Shared

0.00

None

40.30K

ISHARES TR

SOLE

0-5YR HI YL CP

Shares43.73K

TypeSH

Market value$1.79M

1.84%

Sole

0.00

Shared

0.00

None

43.73K

VANGUARD CHARLOTTE FDS

SOLE

TOTAL INT BD ETF

Shares26.40K

TypeSH

Market value$1.25M

1.29%

Sole

0.00

Shared

0.00

None

26.40K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares3.94K

TypeSH

Market value$1.22M

1.25%

Sole

0.00

Shared

0.00

None

3.94K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares2.66K

TypeSH

Market value$1.02M

1.06%

Sole

0.00

Shared

0.00

None

2.66K

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares27.19K

TypeSH

Market value$1.01M

1.04%

Sole

0.00

Shared

0.00

None

27.19K

ISHARES TR

SOLE

RUS 1000 VAL ETF

Shares6.32K

TypeSH

Market value$958.8K

0.99%

Sole

0.00

Shared

0.00

None

6.32K

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares11.40K

TypeSH

Market value$940.6K

0.97%

Sole

0.00

Shared

0.00

None

11.40K

ISHARES TR

SOLE

RUS 1000 GRW ETF

Shares4.17K

TypeSH

Market value$894.2K

0.92%

Sole

0.00

Shared

0.00

None

4.17K

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares14.56K

TypeSH

Market value$734.8K

0.76%

Sole

0.00

Shared

0.00

None

14.56K

SPDR SER TR

SOLE

PORTFOLIO AGRGTE

Shares27.07K

TypeSH

Market value$680.3K

0.70%

Sole

0.00

Shared

0.00

None

27.07K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares1.98K

TypeSH

Market value$378.4K

0.39%

Sole

0.00

Shared

0.00

None

1.98K

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares2.02K

TypeSH

Market value$351.4K

0.36%

Sole

0.00

Shared

0.00

None

2.02K

ABBVIE INC

SOLE

COM

Shares1.80K

TypeSH

Market value$291.5K

0.30%

Sole

0.00

Shared

0.00

None

1.80K

MCCORMICK & CO INC

SOLE

COM NON VTG

Shares3.38K

TypeSH

Market value$280.2K

0.29%

Sole

0.00

Shared

0.00

None

3.38K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares6.54K

TypeSH

Market value$274.6K

0.28%

Sole

0.00

Shared

0.00

None

6.54K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares6.41K

TypeSH

Market value$249.8K

0.26%

Sole

0.00

Shared

0.00

None

6.41K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SPDR SER TRSOLE	PORTFOLIO S&P500	776.92K	SH	$34.95M 36.05%	776.92K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	66.50K	SH	$12.20M 12.59%	66.50K
SPDR INDEX SHS FDSSOLE	PORTFOLIO DEVLPD	321.35K	SH	$9.54M 9.84%	321.35K
ISHARES TRSOLE	RUS 1000 ETF	43.07K	SH	$9.07M 9.35%	43.07K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	244.56K	SH	$8.06M 8.32%	244.56K
ISHARES TRSOLE	CORE INTL AGGR	61.54K	SH	$2.93M 3.02%	61.54K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	50.76K	SH	$2.51M 2.59%	50.76K
VANGUARD SCOTTSDALE FDSSOLE	VNG RUS1000IDX	14.22K	SH	$2.48M 2.56%	14.22K
ISHARES TRSOLE	CRE U S REIT ETF	40.30K	SH	$1.99M 2.06%	40.30K
ISHARES TRSOLE	0-5YR HI YL CP	43.73K	SH	$1.79M 1.84%	43.73K
VANGUARD CHARLOTTE FDSSOLE	TOTAL INT BD ETF	26.40K	SH	$1.25M 1.29%	26.40K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	3.94K	SH	$1.22M 1.25%	3.94K
ISHARES TRSOLE	CORE S&P500 ETF	2.66K	SH	$1.02M 1.06%	2.66K
SPDR SER TRSOLE	PORTFOLIO S&P600	27.19K	SH	$1.01M 1.04%	27.19K
ISHARES TRSOLE	RUS 1000 VAL ETF	6.32K	SH	$958.8K 0.99%	6.32K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	11.40K	SH	$940.6K 0.97%	11.40K
ISHARES TRSOLE	RUS 1000 GRW ETF	4.17K	SH	$894.2K 0.92%	4.17K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	14.56K	SH	$734.8K 0.76%	14.56K
SPDR SER TRSOLE	PORTFOLIO AGRGTE	27.07K	SH	$680.3K 0.70%	27.07K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	1.98K	SH	$378.4K 0.39%	1.98K
ISHARES TRSOLE	RUSSELL 2000 ETF	2.02K	SH	$351.4K 0.36%	2.02K
ABBVIE INCSOLE	COM	1.80K	SH	$291.5K 0.30%	1.80K
MCCORMICK & CO INCSOLE	COM NON VTG	3.38K	SH	$280.2K 0.29%	3.38K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	6.54K	SH	$274.6K 0.28%	6.54K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	6.41K	SH	$249.8K 0.26%	6.41K

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