BROWN FINANCIAL ADVISORY

Filed: 10/25/2023ACC: 0001085146-23-003914

📋 What this filing means

BROWN FINANCIAL ADVISORY filed this quarterly 13F‑HR report disclosing 29 equity positions with a total reported market value of $112.85M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$112.85M

Total AUM (reported)

2.35M

Total Shares

Allocation by class

PORTFOLIO S&P500$41.97M37.2%

SMALL CP ETF$13.53M12.0%

US REAL ESTATE E$12.74M11.3%

RUS 1000 ETF$9.36M8.3%

PORTFOLIO DEVLPD$8.92M7.9%

PORTFOLIO EMG MK$7.13M6.3%

CORE INTL AGGR$3.91M3.5%

Portfolio Concentration

Top 3$68.24M60.5%

4–10$34.63M30.7%

11–25$9.06M8.0%

Rest$917.1K0.8%

Top 3 weight

60.5%

Top 10 weight

91.2%

Voting Authority Distribution

Total shares with voting rights: 2.35M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.35M

% 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

Shares835.14K

TypeSH

Market value$41.97M

37.20%

Sole

0.00

Shared

0.00

None

835.14K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares71.55K

TypeSH

Market value$13.53M

11.99%

Sole

0.00

Shared

0.00

None

71.55K

DIMENSIONAL ETF TRUST

SOLE

US REAL ESTATE E

Shares652.63K

TypeSH

Market value$12.74M

11.29%

Sole

0.00

Shared

0.00

None

652.63K

ISHARES TR

SOLE

RUS 1000 ETF

Shares39.84K

TypeSH

Market value$9.36M

8.29%

Sole

0.00

Shared

0.00

None

39.84K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO DEVLPD

Shares287.81K

TypeSH

Market value$8.92M

7.91%

Sole

0.00

Shared

0.00

None

287.81K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares212.26K

TypeSH

Market value$7.13M

6.31%

Sole

0.00

Shared

0.00

None

212.26K

ISHARES TR

SOLE

CORE INTL AGGR

Shares80.06K

TypeSH

Market value$3.91M

3.46%

Sole

0.00

Shared

0.00

None

80.06K

VANGUARD SCOTTSDALE FDS

SOLE

VNG RUS1000IDX

Shares13.83K

TypeSH

Market value$2.69M

2.38%

Sole

0.00

Shared

0.00

None

13.83K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares3.93K

TypeSH

Market value$1.38M

1.22%

Sole

0.00

Shared

0.00

None

3.93K

ISHARES TR

SOLE

CRE U S REIT ETF

Shares26.46K

TypeSH

Market value$1.25M

1.11%

Sole

0.00

Shared

0.00

None

26.46K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares2.56K

TypeSH

Market value$1.10M

0.97%

Sole

0.00

Shared

0.00

None

2.56K

ISHARES TR

SOLE

0-5YR HI YL CP

Shares26.50K

TypeSH

Market value$1.09M

0.96%

Sole

0.00

Shared

0.00

None

26.50K

ISHARES TR

SOLE

RUS 1000 GRW ETF

Shares4.07K

TypeSH

Market value$1.08M

0.96%

Sole

0.00

Shared

0.00

None

4.07K

ISHARES TR

SOLE

RUS 1000 VAL ETF

Shares6.14K

TypeSH

Market value$932.0K

0.83%

Sole

0.00

Shared

0.00

None

6.14K

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares14.30K

TypeSH

Market value$755.1K

0.67%

Sole

0.00

Shared

0.00

None

14.30K

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares18.96K

TypeSH

Market value$699.7K

0.62%

Sole

0.00

Shared

0.00

None

18.96K

SENSIENT TECHNOLOGIES CORP

SOLE

COM

Shares11.01K

TypeSH

Market value$643.6K

0.57%

Sole

0.00

Shared

0.00

None

11.01K

VANGUARD CHARLOTTE FDS

SOLE

TOTAL INT BD ETF

Shares11.58K

TypeSH

Market value$554.1K

0.49%

Sole

0.00

Shared

0.00

None

11.58K

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares5.31K

TypeSH

Market value$401.8K

0.36%

Sole

0.00

Shared

0.00

None

5.31K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares1.80K

TypeSH

Market value$382.1K

0.34%

Sole

0.00

Shared

0.00

None

1.80K

ISHARES TR

SOLE

RUSSELL 2000 ETF

Shares1.98K

TypeSH

Market value$349.9K

0.31%

Sole

0.00

Shared

0.00

None

1.98K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares6.54K

TypeSH

Market value$286.1K

0.25%

Sole

0.00

Shared

0.00

None

6.54K

ABBVIE INC

SOLE

COM

Shares1.80K

TypeSH

Market value$268.9K

0.24%

Sole

0.00

Shared

0.00

None

1.80K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares606.00

TypeSH

Market value$259.1K

0.23%

Sole

0.00

Shared

0.00

None

606.00

MCCORMICK & CO INC

SOLE

COM NON VTG

Shares3.38K

TypeSH

Market value$255.7K

0.23%

Sole

0.00

Shared

0.00

None

3.38K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SPDR SER TRSOLE	PORTFOLIO S&P500	835.14K	SH	$41.97M 37.20%	835.14K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	71.55K	SH	$13.53M 11.99%	71.55K
DIMENSIONAL ETF TRUSTSOLE	US REAL ESTATE E	652.63K	SH	$12.74M 11.29%	652.63K
ISHARES TRSOLE	RUS 1000 ETF	39.84K	SH	$9.36M 8.29%	39.84K
SPDR INDEX SHS FDSSOLE	PORTFOLIO DEVLPD	287.81K	SH	$8.92M 7.91%	287.81K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	212.26K	SH	$7.13M 6.31%	212.26K
ISHARES TRSOLE	CORE INTL AGGR	80.06K	SH	$3.91M 3.46%	80.06K
VANGUARD SCOTTSDALE FDSSOLE	VNG RUS1000IDX	13.83K	SH	$2.69M 2.38%	13.83K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	3.93K	SH	$1.38M 1.22%	3.93K
ISHARES TRSOLE	CRE U S REIT ETF	26.46K	SH	$1.25M 1.11%	26.46K
ISHARES TRSOLE	CORE S&P500 ETF	2.56K	SH	$1.10M 0.97%	2.56K
ISHARES TRSOLE	0-5YR HI YL CP	26.50K	SH	$1.09M 0.96%	26.50K
ISHARES TRSOLE	RUS 1000 GRW ETF	4.07K	SH	$1.08M 0.96%	4.07K
ISHARES TRSOLE	RUS 1000 VAL ETF	6.14K	SH	$932.0K 0.83%	6.14K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	14.30K	SH	$755.1K 0.67%	14.30K
SPDR SER TRSOLE	PORTFOLIO S&P600	18.96K	SH	$699.7K 0.62%	18.96K
SENSIENT TECHNOLOGIES CORPSOLE	COM	11.01K	SH	$643.6K 0.57%	11.01K
VANGUARD CHARLOTTE FDSSOLE	TOTAL INT BD ETF	11.58K	SH	$554.1K 0.49%	11.58K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	5.31K	SH	$401.8K 0.36%	5.31K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	1.80K	SH	$382.1K 0.34%	1.80K
ISHARES TRSOLE	RUSSELL 2000 ETF	1.98K	SH	$349.9K 0.31%	1.98K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	6.54K	SH	$286.1K 0.25%	6.54K
ABBVIE INCSOLE	COM	1.80K	SH	$268.9K 0.24%	1.80K
SPDR S&P 500 ETF TRSOLE	TR UNIT	606.00	SH	$259.1K 0.23%	606.00
MCCORMICK & CO INCSOLE	COM NON VTG	3.38K	SH	$255.7K 0.23%	3.38K

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