Brown Advisory’s Salient Midstream & MLP Fund SMM Stock Holding History

Brown Advisory’s Portfolio SMM Stock Details SMM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-10,332	Closed	-$77K	–	1367
2018 Q4	$77K	Sell	10,332 -705	-6%	-$6.16K	﹤0.01%	1215
2018 Q3	$113K	Hold	11,037	–	–	﹤0.01%	1292
2018 Q2	$110K	Sell	11,037 -7,000	-39%	-$69.3K	﹤0.01%	1246
2018 Q1	$164K	Buy	+18,037	New	+$189K	﹤0.01%	1119
2017 Q4	–	Sell	-13,781	Closed	-$159K	–	1268
2017 Q3	$159K	Buy	+13,781	New	+$157K	﹤0.01%	1136

Other funds holding SMM

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $12.9B AUM 27.3% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Matisse Capital Portland, Oregon $234M AUM 19.72% 1-Year Est. Return

CRC

Curi RMB Capital Chicago, Illinois $5.62B AUM 18.93% 1-Year Est. Return

TJHA

Thomas J. Herzfeld Advisors Miami Beach, Florida $294M AUM 2.62% 1-Year Est. Return

SBH

Segall Bryant & Hamill Chicago, Illinois $6.98B AUM 34.78% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Brown Advisory's SMM Position: Q1 2019 in Review

Brown Advisory sold out of Salient Midstream & MLP Fund (SMM) in Q1 2019, closing a stake of 10,332 shares — an estimated $77K sold.

Brown Advisory first reported a position in SMM in Q3 2017 and held it in 5 quarters. The position peaked at $164K in Q1 2018. 33 funds tracked by Wall St. Rank hold SMM as of Q1 2019.

Brown Advisory reported no remaining Salient Midstream & MLP Fund position as of Q1 2019 after selling out during the quarter.
Brown Advisory sold 10,332 Salient Midstream & MLP Fund shares in Q1 2019, an estimated $77K.
Brown Advisory first reported a position in Salient Midstream & MLP Fund in Q3 2017 and held it in 5 quarters.
Brown Advisory's Salient Midstream & MLP Fund position peaked at $164K in Q1 2018.
33 funds tracked by Wall St. Rank held Salient Midstream & MLP Fund as of Q1 2019.

Based on Brown Advisory's 13F filing for Q1 2019, filed 15 May 2019.