BROWN FINANCIAL ADVISORY

Filed: 4/24/2023ACC: 0001085146-23-001822

📋 What this filing means

BROWN FINANCIAL ADVISORY filed this quarterly 13F‑HR report disclosing 28 equity positions with a total reported market value of $103.88M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$103.88M

Total AUM (reported)

1.88M

Total Shares

Allocation by class

PORTFOLIO S&P500$39.34M37.9%

SMALL CP ETF$12.79M12.3%

PORTFOLIO DEVLPD$10.14M9.8%

RUS 1000 ETF$9.49M9.1%

PORTFOLIO EMG MK$8.16M7.9%

CORE INTL AGGR$2.81M2.7%

VNG RUS1000IDX$2.61M2.5%

Portfolio Concentration

Top 3$62.27M59.9%

4–10$29.34M28.2%

11–25$11.53M11.1%

Rest$750.9K0.7%

Top 3 weight

59.9%

Top 10 weight

88.2%

Voting Authority Distribution

Total shares with voting rights: 1.88M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.88M

% of voting shares100.0%

Investment Discretion (by position count)

Sole28

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings28

Rows:

SPDR SER TR

SOLE

PORTFOLIO S&P500

Shares816.98K

TypeSH

Market value$39.34M

37.87%

Sole

0.00

Shared

0.00

None

816.98K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares67.45K

TypeSH

Market value$12.79M

12.31%

Sole

0.00

Shared

0.00

None

67.45K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO DEVLPD

Shares315.75K

TypeSH

Market value$10.14M

9.76%

Sole

0.00

Shared

0.00

None

315.75K

ISHARES TR

SOLE

RUS 1000 ETF

Shares42.12K

TypeSH

Market value$9.49M

9.13%

Sole

0.00

Shared

0.00

None

42.12K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares238.97K

TypeSH

Market value$8.16M

7.85%

Sole

0.00

Shared

0.00

None

238.97K

ISHARES TR

SOLE

CORE INTL AGGR

Shares57.37K

TypeSH

Market value$2.81M

2.70%

Sole

0.00

Shared

0.00

None

57.37K

VANGUARD SCOTTSDALE FDS

SOLE

VNG RUS1000IDX

Shares14K

TypeSH

Market value$2.61M

2.51%

Sole

0.00

Shared

0.00

None

14K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares50.76K

TypeSH

Market value$2.57M

2.48%

Sole

0.00

Shared

0.00

None

50.76K

ISHARES TR

SOLE

0-5YR HI YL CP

Shares45.27K

TypeSH

Market value$1.89M

1.82%

Sole

0.00

Shared

0.00

None

45.27K

ISHARES TR

SOLE

CRE U S REIT ETF

Shares36.08K

TypeSH

Market value$1.82M

1.75%

Sole

0.00

Shared

0.00

None

36.08K

DIMENSIONAL ETF TRUST

SOLE

US REAL ESTATE E

Shares73.82K

TypeSH

Market value$1.59M

1.53%

Sole

0.00

Shared

0.00

None

73.82K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares3.98K

TypeSH

Market value$1.23M

1.18%

Sole

0.00

Shared

0.00

None

3.98K

VANGUARD CHARLOTTE FDS

SOLE

TOTAL INT BD ETF

Shares24.76K

TypeSH

Market value$1.21M

1.17%

Sole

0.00

Shared

0.00

None

24.76K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares2.73K

TypeSH

Market value$1.12M

1.08%

Sole

0.00

Shared

0.00

None

2.73K

ISHARES TR

SOLE

RUS 1000 GRW ETF

Shares4.13K

TypeSH

Market value$1.01M

0.97%

Sole

0.00

Shared

0.00

None

4.13K

ISHARES TR

SOLE

RUS 1000 VAL ETF

Shares6.31K

TypeSH

Market value$960.9K

0.92%

Sole

0.00

Shared

0.00

None

6.31K

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares22.74K

TypeSH

Market value$858.9K

0.83%

Sole

0.00

Shared

0.00

None

22.74K

SENSIENT TECHNOLOGIES CORP

SOLE

COM

Shares11.01K

TypeSH

Market value$842.6K

0.81%

Sole

0.00

Shared

0.00

None

11.01K

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares14.56K

TypeSH

Market value$770.3K

0.74%

Sole

0.00

Shared

0.00

None

14.56K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares1.98K

TypeSH

Market value$403.9K

0.39%

Sole

0.00

Shared

0.00

None

1.98K

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares2.12K

TypeSH

Market value$377.9K

0.36%

Sole

0.00

Shared

0.00

None

2.12K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares6.88K

TypeSH

Market value$310.9K

0.30%

Sole

0.00

Shared

0.00

None

6.88K

ABBVIE INC

SOLE

COM

Shares1.80K

TypeSH

Market value$287.5K

0.28%

Sole

0.00

Shared

0.00

None

1.80K

MCCORMICK & CO INC

SOLE

COM NON VTG

Shares3.38K

TypeSH

Market value$281.3K

0.27%

Sole

0.00

Shared

0.00

None

3.38K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares6.77K

TypeSH

Market value$273.6K

0.26%

Sole

0.00

Shared

0.00

None

6.77K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SPDR SER TRSOLE	PORTFOLIO S&P500	816.98K	SH	$39.34M 37.87%	816.98K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	67.45K	SH	$12.79M 12.31%	67.45K
SPDR INDEX SHS FDSSOLE	PORTFOLIO DEVLPD	315.75K	SH	$10.14M 9.76%	315.75K
ISHARES TRSOLE	RUS 1000 ETF	42.12K	SH	$9.49M 9.13%	42.12K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	238.97K	SH	$8.16M 7.85%	238.97K
ISHARES TRSOLE	CORE INTL AGGR	57.37K	SH	$2.81M 2.70%	57.37K
VANGUARD SCOTTSDALE FDSSOLE	VNG RUS1000IDX	14K	SH	$2.61M 2.51%	14K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	50.76K	SH	$2.57M 2.48%	50.76K
ISHARES TRSOLE	0-5YR HI YL CP	45.27K	SH	$1.89M 1.82%	45.27K
ISHARES TRSOLE	CRE U S REIT ETF	36.08K	SH	$1.82M 1.75%	36.08K
DIMENSIONAL ETF TRUSTSOLE	US REAL ESTATE E	73.82K	SH	$1.59M 1.53%	73.82K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	3.98K	SH	$1.23M 1.18%	3.98K
VANGUARD CHARLOTTE FDSSOLE	TOTAL INT BD ETF	24.76K	SH	$1.21M 1.17%	24.76K
ISHARES TRSOLE	CORE S&P500 ETF	2.73K	SH	$1.12M 1.08%	2.73K
ISHARES TRSOLE	RUS 1000 GRW ETF	4.13K	SH	$1.01M 0.97%	4.13K
ISHARES TRSOLE	RUS 1000 VAL ETF	6.31K	SH	$960.9K 0.92%	6.31K
SPDR SER TRSOLE	PORTFOLIO S&P600	22.74K	SH	$858.9K 0.83%	22.74K
SENSIENT TECHNOLOGIES CORPSOLE	COM	11.01K	SH	$842.6K 0.81%	11.01K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	14.56K	SH	$770.3K 0.74%	14.56K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	1.98K	SH	$403.9K 0.39%	1.98K
ISHARES TRSOLE	RUSSELL 2000 ETF	2.12K	SH	$377.9K 0.36%	2.12K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	6.88K	SH	$310.9K 0.30%	6.88K
ABBVIE INCSOLE	COM	1.80K	SH	$287.5K 0.28%	1.80K
MCCORMICK & CO INCSOLE	COM NON VTG	3.38K	SH	$281.3K 0.27%	3.38K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	6.77K	SH	$273.6K 0.26%	6.77K

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