Brown Advisory’s iShares MSCI EAFE Min Vol Factor ETF EFAV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q2	–	Sell	-3,055	Closed	-$207K	–	1195
2023 Q1	$207K	Buy	+3,055	New	+$201K	﹤0.01%	1126
2022 Q3	–	Sell	-7,200	Closed	-$456K	–	1143
2022 Q2	$456K	Sell	7,200 -3,225	-31%	-$217K	﹤0.01%	868
2022 Q1	$752K	Sell	10,425 -11,600	-53%	-$842K	﹤0.01%	769
2021 Q4	$1.69M	Buy	22,025 +1,330	+6%	+$101K	﹤0.01%	623
2021 Q3	$1.56M	Sell	20,695 -2,675	-11%	-$208K	﹤0.01%	616
2021 Q2	$1.76M	Sell	23,370 -600	-3%	-$45.2K	﹤0.01%	596
2021 Q1	$1.75M	Sell	23,970 -1,950	-8%	-$143K	﹤0.01%	612
2020 Q4	$1.9M	Sell	25,920 -19,589	-43%	-$1.38M	﹤0.01%	547
2020 Q3	$3.1M	Sell	45,509 -17,564	-28%	-$1.2M	0.01%	459
2020 Q2	$4.17M	Buy	63,073 +55,103	+691%	+$3.58M	0.01%	410
2020 Q1	$494K	Buy	7,970 +435	+6%	+$30.6K	﹤0.01%	695
2019 Q4	$562K	Sell	7,535 -1,135	-13%	-$84.6K	﹤0.01%	743
2019 Q3	$635K	Hold	8,670	–	–	﹤0.01%	698
2019 Q2	$630K	Sell	8,670 -1,150	-12%	-$82.7K	﹤0.01%	713
2019 Q1	$707K	Sell	9,820 -17,191	-64%	-$1.2M	﹤0.01%	895
2018 Q4	$1.8M	Buy	27,011 +3,971	+17%	+$273K	0.01%	615
2018 Q3	$1.68M	Sell	23,040 -436	-2%	-$31.4K	﹤0.01%	678
2018 Q2	$1.67M	Sell	23,476 -2,024	-8%	-$149K	0.01%	665
2018 Q1	$1.88M	Sell	25,500 -930	-4%	-$68.6K	0.01%	530
2017 Q4	$1.93M	Hold	26,430	–	–	0.01%	531
2017 Q3	$1.88M	Sell	26,430 -8,501	-24%	-$599K	0.01%	527
2017 Q2	$2.42M	Buy	34,931 +6,731	+24%	+$464K	0.01%	510
2017 Q1	$1.86M	Sell	28,200 -110	-0.4%	-$7.04K	0.01%	525
2016 Q4	$1.73M	Buy	28,310 +11,020	+64%	+$697K	0.01%	526
2016 Q3	$1.17M	Hold	17,290	–	–	﹤0.01%	590
2016 Q2	$1.15M	Buy	+17,290	New	+$1.16M	﹤0.01%	578