BROWN FINANCIAL ADVISORY

Filed: 7/21/2023ACC: 0001085146-23-002819

📋 What this filing means

BROWN FINANCIAL ADVISORY filed this quarterly 13F‑HR report disclosing 30 equity positions with a total reported market value of $122.54M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$122.54M

Total AUM (reported)

2.44M

Total Shares

Allocation by class

PORTFOLIO S&P500$43.98M35.9%

SMALL CP ETF$14.16M11.6%

US REAL ESTATE E$13.34M10.9%

PORTFOLIO DEVLPD$10.04M8.2%

RUS 1000 ETF$9.99M8.2%

PORTFOLIO EMG MK$8.13M6.6%

CORE INTL AGGR$3.25M2.7%

Portfolio Concentration

Top 3$71.47M58.3%

4–10$38.53M31.4%

11–25$11.41M9.3%

Rest$1.13M0.9%

Top 3 weight

58.3%

Top 10 weight

89.8%

Voting Authority Distribution

Total shares with voting rights: 2.44M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.44M

% of voting shares100.0%

Investment Discretion (by position count)

Sole30

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings30

Rows:

SPDR SER TR

SOLE

PORTFOLIO S&P500

Shares843.90K

TypeSH

Market value$43.98M

35.89%

Sole

0.00

Shared

0.00

None

843.90K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares71.18K

TypeSH

Market value$14.16M

11.55%

Sole

0.00

Shared

0.00

None

71.18K

DIMENSIONAL ETF TRUST

SOLE

US REAL ESTATE E

Shares619.88K

TypeSH

Market value$13.34M

10.89%

Sole

0.00

Shared

0.00

None

619.88K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO DEVLPD

Shares308.42K

TypeSH

Market value$10.04M

8.19%

Sole

0.00

Shared

0.00

None

308.42K

ISHARES TR

SOLE

RUS 1000 ETF

Shares40.99K

TypeSH

Market value$9.99M

8.15%

Sole

0.00

Shared

0.00

None

40.99K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares236.39K

TypeSH

Market value$8.13M

6.63%

Sole

0.00

Shared

0.00

None

236.39K

ISHARES TR

SOLE

CORE INTL AGGR

Shares65.88K

TypeSH

Market value$3.25M

2.65%

Sole

0.00

Shared

0.00

None

65.88K

VANGUARD SCOTTSDALE FDS

SOLE

VNG RUS1000IDX

Shares13.84K

TypeSH

Market value$2.79M

2.28%

Sole

0.00

Shared

0.00

None

13.84K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares50.76K

TypeSH

Market value$2.55M

2.08%

Sole

0.00

Shared

0.00

None

50.76K

ISHARES TR

SOLE

0-5YR HI YL CP

Shares43.13K

TypeSH

Market value$1.79M

1.46%

Sole

0.00

Shared

0.00

None

43.13K

ISHARES TR

SOLE

CRE U S REIT ETF

Shares26.46K

TypeSH

Market value$1.36M

1.11%

Sole

0.00

Shared

0.00

None

26.46K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares3.93K

TypeSH

Market value$1.34M

1.09%

Sole

0.00

Shared

0.00

None

3.93K

VANGUARD CHARLOTTE FDS

SOLE

TOTAL INT BD ETF

Shares24.32K

TypeSH

Market value$1.19M

0.97%

Sole

0.00

Shared

0.00

None

24.32K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares2.61K

TypeSH

Market value$1.16M

0.95%

Sole

0.00

Shared

0.00

None

2.61K

ISHARES TR

SOLE

RUS 1000 GRW ETF

Shares4.11K

TypeSH

Market value$1.13M

0.92%

Sole

0.00

Shared

0.00

None

4.11K

ISHARES TR

SOLE

RUS 1000 VAL ETF

Shares6.23K

TypeSH

Market value$983.9K

0.80%

Sole

0.00

Shared

0.00

None

6.23K

SENSIENT TECHNOLOGIES CORP

SOLE

COM

Shares11.01K

TypeSH

Market value$782.9K

0.64%

Sole

0.00

Shared

0.00

None

11.01K

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares19.98K

TypeSH

Market value$776.1K

0.63%

Sole

0.00

Shared

0.00

None

19.98K

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares14.30K

TypeSH

Market value$769.7K

0.63%

Sole

0.00

Shared

0.00

None

14.30K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares1.80K

TypeSH

Market value$396.3K

0.32%

Sole

0.00

Shared

0.00

None

1.80K

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares1.99K

TypeSH

Market value$372.8K

0.30%

Sole

0.00

Shared

0.00

None

1.99K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares6.54K

TypeSH

Market value$302.2K

0.25%

Sole

0.00

Shared

0.00

None

6.54K

MCCORMICK & CO INC

SOLE

COM NON VTG

Shares3.38K

TypeSH

Market value$294.8K

0.24%

Sole

0.00

Shared

0.00

None

3.38K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares654.00

TypeSH

Market value$289.9K

0.24%

Sole

0.00

Shared

0.00

None

654.00

VANGUARD SCOTTSDALE FDS

SOLE

VNG RUS2000IDX

Shares3.44K

TypeSH

Market value$260.1K

0.21%

Sole

0.00

Shared

0.00

None

3.44K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SPDR SER TRSOLE	PORTFOLIO S&P500	843.90K	SH	$43.98M 35.89%	843.90K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	71.18K	SH	$14.16M 11.55%	71.18K
DIMENSIONAL ETF TRUSTSOLE	US REAL ESTATE E	619.88K	SH	$13.34M 10.89%	619.88K
SPDR INDEX SHS FDSSOLE	PORTFOLIO DEVLPD	308.42K	SH	$10.04M 8.19%	308.42K
ISHARES TRSOLE	RUS 1000 ETF	40.99K	SH	$9.99M 8.15%	40.99K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	236.39K	SH	$8.13M 6.63%	236.39K
ISHARES TRSOLE	CORE INTL AGGR	65.88K	SH	$3.25M 2.65%	65.88K
VANGUARD SCOTTSDALE FDSSOLE	VNG RUS1000IDX	13.84K	SH	$2.79M 2.28%	13.84K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	50.76K	SH	$2.55M 2.08%	50.76K
ISHARES TRSOLE	0-5YR HI YL CP	43.13K	SH	$1.79M 1.46%	43.13K
ISHARES TRSOLE	CRE U S REIT ETF	26.46K	SH	$1.36M 1.11%	26.46K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	3.93K	SH	$1.34M 1.09%	3.93K
VANGUARD CHARLOTTE FDSSOLE	TOTAL INT BD ETF	24.32K	SH	$1.19M 0.97%	24.32K
ISHARES TRSOLE	CORE S&P500 ETF	2.61K	SH	$1.16M 0.95%	2.61K
ISHARES TRSOLE	RUS 1000 GRW ETF	4.11K	SH	$1.13M 0.92%	4.11K
ISHARES TRSOLE	RUS 1000 VAL ETF	6.23K	SH	$983.9K 0.80%	6.23K
SENSIENT TECHNOLOGIES CORPSOLE	COM	11.01K	SH	$782.9K 0.64%	11.01K
SPDR SER TRSOLE	PORTFOLIO S&P600	19.98K	SH	$776.1K 0.63%	19.98K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	14.30K	SH	$769.7K 0.63%	14.30K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	1.80K	SH	$396.3K 0.32%	1.80K
ISHARES TRSOLE	RUSSELL 2000 ETF	1.99K	SH	$372.8K 0.30%	1.99K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	6.54K	SH	$302.2K 0.25%	6.54K
MCCORMICK & CO INCSOLE	COM NON VTG	3.38K	SH	$294.8K 0.24%	3.38K
SPDR S&P 500 ETF TRSOLE	TR UNIT	654.00	SH	$289.9K 0.24%	654.00
VANGUARD SCOTTSDALE FDSSOLE	VNG RUS2000IDX	3.44K	SH	$260.1K 0.21%	3.44K

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