Brown Advisory Portfolio holdings

Brown Advisory's Q2 2020 Portfolio in Review

As of Q2 2020, Brown Advisory held 1,005 positions worth $42.9B, up 32% from $32.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

Brown Advisory deployed $1.58B of net new capital in Q2 2020, opening 68 new positions and adding to 375 existing holdings. Its largest new stake was lululemon athletica: 1,436,824 shares worth $448M.

By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 24% a quarter earlier, followed by Healthcare and Financials.

On the sell side, the largest reduction was TJX Companies, an estimated $259M trimmed.

• Brown Advisory's largest Q2 2020 buy was lululemon athletica: 1,436,824 shares worth $448M.
• Brown Advisory added most to Genpact in Q2 2020, an estimated $111M increase.
• Brown Advisory's biggest Q2 2020 reduction was TJX Companies, cutting an estimated $259M.
• Brown Advisory fully exited Deluxe in Q2 2020, selling an estimated $16.8M.
• Brown Advisory's ten largest holdings make up 26% of its $42.9B portfolio in Q2 2020.
• Brown Advisory opened 68 new positions and closed 51 in Q2 2020.
• Brown Advisory's portfolio value rose 32% quarter-over-quarter to $42.9B.

Based on Brown Advisory's 13F filing for Q2 2020, filed 14 Aug 2020.