SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Brown Financial Advisory

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

Reported Value
$93M
Q2 2022
Positions
26
Filings on Record
22
2019–present window
Filed
Jul 18, 2022
original filing

Summary

Brown Financial Advisory reported $93M in U.S.-listed holdings across 26 positions for Q2 2022.

The portfolio is heavily concentrated: Spdr alone accounts for 32.3% of reported value.

Compared with Q1 2022, the fund opened 0 new positions and exited 3.

Portfolio Metrics

Turnover
+1.5%
vs prior filed quarter
Top-10 Concentration
+90.1%
share of reported value
Largest Position
+32.3%
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: 98.0%Common Stock: 2.0%
  • ETP · 98.0% · $91M
  • Common Stock · 2.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRSOLD OUT−10.1K0−$1M$0
VFCV F CORPSOLD OUT−3.7K0−$211,000$0
OVEROVERSTOCK COM INC DELSOLD OUT−4.6K0−$201,000$0
VANGUARD MUN BD FDSTRIMMED−165.3K10.6K−$9M$528,000
ISHARES TRADDED+35.4K82.9K+$2M$4M
VANGUARD CHARLOTTE FDSTRIMMED−24.3K11.1K−$1M$551,000
SPDR SER TRTRIMMED−156.9K107.6K−$5M$3M
VANGUARD INTL EQUITY INDEX FADDED+8727.8K+$5,000$325,000

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

Holdings — Q2 2022

14 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SPDR SER TRPORTFOLIO S&P500 · PORTFOLIO AGRGTE · PORTFOLIO S&P60036.74%$34M824.0K
2ISHARES TRRUS 1000 ETF · CORE INTL AGGR · CRE U S REIT ETF · 0-5YR HI YL CP · CORE S&P500 ETF · RUS 1000 GRW ETF · RUS 1000 VAL ETF · RUSSELL 2000 ETF27.52%$26M241.3K
3SPDR INDEX SHS FDSPORTFOLIO DEVLPD · PORTFOLIO EMG MK18.28%$17M544.1K
4VANGUARD INDEX FDSSMALL CP ETF · TOTAL STK MKT11.82%$11M62.5K
5VANGUARD SCOTTSDALE FDSVNG RUS1000IDX · VNG RUS2000IDX1.60%$1M13.5K
6BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.15%$1M3.9K
7VANGUARD CHARLOTTE FDSTOTAL INT BD ETF0.59%$551,00011.1K
8VANGUARD MUN BD FDSTAX EXEMPT BD0.57%$528,00010.6K
9SOSOUTHERN COCOM0.35%$329,0004.6K
10VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.35%$325,0007.8K
11MCXMCCORMICK & CO INCCOM NON VTG0.30%$281,0003.4K
12VANGUARD TAX-MANAGED INTL FDVAN FTSE DEV MKT0.29%$271,0006.7K
13SPDR S&P 500 ETF TRTR UNIT0.23%$217,000576
14LLOEWS CORPCOM0.21%$200,0003.4K

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 ↗.