SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Brown Financial Advisory

CIK 0001843853 · 54 S. GREENO ROAD., FAIRHOPE, AL, 36532 · 2519289498

Reported Value
$113M
Q1 2021
Positions
26
Filings on Record
22
2019–present window
Filed
Apr 28, 2021
original filing

Summary

Brown Financial Advisory reported $113M in U.S.-listed holdings across 26 positions for Q1 2021.

The portfolio is heavily concentrated: Spdr alone accounts for 22.5% of reported value.

Compared with Q4 2020, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+7.0%
vs prior filed quarter
Top-10 Concentration
+90.2%
share of reported value
Largest Position
+22.5%
Spdr

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’20: $113MQ4 ’20Q1 ’21: $113MQ2 ’21: $120MQ3 ’21: $121MQ3 ’21Q4 ’21: $114MQ1 ’22: $123MQ2 ’22: $93MQ2 ’22Q3 ’22: $104MQ4 ’22: $97MQ1 ’23: $104MQ1 ’23Q2 ’23: $123MQ3 ’23: $113MQ4 ’23: $123MQ4 ’23Q1 ’24: $129MQ2 ’24: $130MQ3 ’24: $141MQ3 ’24Q4 ’24: $141MQ1 ’25: $160MQ2 ’25: $181MQ2 ’25Q3 ’25: $191MQ4 ’25: $198MQ1 ’26: $202MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 98.1%Common Stock: 1.9%
  • ETP · 98.1% · $111M
  • Common Stock · 1.9% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD BD INDEX FDSSOLD OUT−3.3K0−$277,000$0
VANGUARD INTL EQUITY INDEX FTRIMMED−58.0K8.0K−$3M$417,000
SPDR SER TRTRIMMED−73.6K37.6K−$2M$2M
VANGUARD TAX-MANAGED INTL FDTRIMMED−5.1K8.1K−$224,000$400,000
VANGUARD SCOTTSDALE FDSTRIMMED−5701.3K−$64,000$232,000
ISHARES TRTRIMMED−2.0K5.0K−$274,000$1M
ISHARES TRADDED+5.6K31.7K+$265,000$1M
VANGUARD BD INDEX FDSADDED+31.6K184.2K+$2M$16M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2021

14 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRRUS 1000 ETF · CORE INTL AGGR · CRE U S REIT ETF · RUS 1000 GRW ETF · 0-5YR HI YL CP · CORE S&P500 ETF · RUS 1000 VAL ETF · RUSSELL 2000 ETF27.18%$31M255.5K
2SPDR SER TRPORTFOLIO S&P500 · PORTFOLIO AGRGTE · PORTFOLIO S&P60026.01%$29M664.1K
3SPDR INDEX SHS FDSPORTFOLIO DEVLPD · PORTFOLIO EMG MK19.14%$22M557.0K
4VANGUARD BD INDEX FDSTOTAL BND MRKT13.79%$16M184.2K
5VANGUARD INDEX FDSSMALL CP ETF · TOTAL STK MKT10.04%$11M53.1K
6VANGUARD SCOTTSDALE FDSVNG RUS1000IDX · VNG RUS2000IDX1.05%$1M6.5K
7BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.82%$923,0003.6K
8VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.37%$417,0008.0K
9VANGUARD TAX-MANAGED INTL FDFTSE DEV MKT ETF0.35%$400,0008.1K
10OVEROVERSTOCK COM INC DELCOM0.27%$303,0004.6K
11MCXMCCORMICK & CO INCCOM NON VTG0.27%$301,0003.4K
12VFCV F CORPCOM0.26%$296,0003.7K
13SOSOUTHERN COCOM0.25%$288,0004.6K
14SPDR S&P 500 ETF TRTR UNIT0.20%$228,000576

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$202M49Apr 27, 202613F-HRchanges · EDGAR ↗
Q4 2025$198M56Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$191M55Oct 27, 202513F-HRchanges · EDGAR ↗
Q2 2025$181M55Jul 28, 202513F-HRchanges · EDGAR ↗
Q1 2025$160M52Apr 30, 202513F-HRchanges · EDGAR ↗
Q4 2024$141M35Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$141M36Oct 25, 202413F-HRchanges · EDGAR ↗
Q2 2024$130M32Jul 25, 202413F-HRchanges · EDGAR ↗
Q1 2024$129M32Apr 25, 202413F-HRchanges · EDGAR ↗
Q4 2023$123M32Jan 26, 202413F-HRchanges · EDGAR ↗
Q3 2023$113M29Oct 25, 202313F-HRchanges · EDGAR ↗
Q2 2023$123M30Jul 21, 202313F-HRchanges · EDGAR ↗
Q1 2023$104M28Apr 24, 202313F-HRchanges · EDGAR ↗
Q4 2022$97M29Jan 25, 202313F-HRchanges · EDGAR ↗
Q3 2022$104M27Oct 21, 202213F-HRchanges · EDGAR ↗
Q2 2022$93M26Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$123M29Apr 29, 202213F-HRchanges · EDGAR ↗
Q4 2021$114M28Jan 27, 202213F-HRchanges · EDGAR ↗
Q3 2021$121M26Oct 20, 202113F-HRchanges · EDGAR ↗
Q2 2021$120M26Jul 28, 202113F-HRchanges · EDGAR ↗
Q1 2021$113M26Apr 28, 202113F-HRchanges · EDGAR ↗
Q4 2020$113M27Feb 11, 202113F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.