Brown Financial Advisory Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core International Aggregate Bond Fund
IAGG
|
+$696K |
| 2 |
Dimensional US Real Estate ETF
DFAR
|
+$695K |
| 3 |
Vanguard Real Estate ETF
VNQ
|
+$438K |
| 4 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$74.3K |
| 5 |
Apple
AAPL
|
+$18.3K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Tax-Exempt Bond Index Fund
VTEB
|
+$2.55M |
| 2 |
State Street SPDR Portfolio Emerging Markets ETF
SPEM
|
+$834K |
| 3 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$687K |
| 4 |
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
|
+$666K |
| 5 |
Vanguard Total International Bond ETF
BNDX
|
+$617K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 1.41% |
| 2 | Materials | 0.57% |
| 3 | Healthcare | 0.24% |
| 4 | Consumer Staples | 0.23% |
| 5 | Technology | 0.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Vanguard Russell 2000 ETF
VTWO
$17.3B
| $246K | 0.22% |
3,440
| – | – |
|
27
Vanguard FTSE Emerging Markets ETF
VWO
$121B
| $246K | 0.22% |
6,267
| – | – |
|
28
Loews
L
$23.9B
| $214K | 0.19% |
3,377
| – | – |
|
|
29
Apple
AAPL
$4.54T
| $212K | 0.19% |
1,237
+100
| +9% | +$18.3K |
|
30
Abbott
ABT
$183B
| – | – |
-1,904
| Closed | -$208K |
|
|
31
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| – | – |
-50,761
| Closed | -$2.55M |
|
Similar funds
Brown Financial Advisory's Q3 2023 Portfolio in Review
As of Q3 2023, Brown Financial Advisory held 31 positions worth $113M, down 7.9% from $123M the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Brown Financial Advisory withdrew a net $4.49M in Q3 2023, closing 2 positions and reducing 13 holdings. Its most notable exit was Vanguard Tax-Exempt Bond Index Fund, an estimated $2.55M position sold in full.
By sector, the portfolio is most concentrated in Financials at 1.4% of assets, up from 1.3% a quarter earlier, followed by Materials and Healthcare.
Against the trend, Brown Financial Advisory opened a new position in Vanguard Real Estate ETF worth $402K.
- Brown Financial Advisory's largest Q3 2023 buy was Vanguard Real Estate ETF: 5,311 shares worth $402K.
- Brown Financial Advisory added most to iShares Core International Aggregate Bond Fund in Q3 2023, an estimated $696K increase.
- Brown Financial Advisory's biggest Q3 2023 reduction was State Street SPDR Portfolio Emerging Markets ETF, cutting an estimated $834K.
- Brown Financial Advisory fully exited Vanguard Tax-Exempt Bond Index Fund in Q3 2023, selling an estimated $2.55M.
- Brown Financial Advisory's ten largest holdings make up 91% of its $113M portfolio in Q3 2023.
- Brown Financial Advisory opened 1 new position and closed 2 in Q3 2023.
- Brown Financial Advisory's portfolio value fell 7.9% quarter-over-quarter to $113M.
Based on Brown Financial Advisory's 13F filing for Q3 2023, filed 25 Oct 2023.