Managers / Q2 2023 · view latest →
BROWN WEALTH MANAGEMENT, LLC
CIK 0001987005 · 1700 PARK STREET, SUITE 106, NAPERVILLE, IL, 60563 · 630-733-8483
Summary
Brown Wealth Management, LLC reported $193M in U.S.-listed holdings across 93 positions for Q2 2023.
Its largest position, Schwab Strategic Tr, represents 11.9% of the portfolio.
Portfolio Metrics
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
Portfolio Composition
- ETP · 95.3% · $184M
- Common Stock · 4.6% · $9M
- Other · 0.0% · $23,970
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | NEW | +441.1K | 441.1K | +$23M | $23M |
| VANGUARD TAX-MANAGED FDS | NEW | +421.8K | 421.8K | +$19M | $19M |
| VANGUARD BD INDEX FDS | NEW | +228.1K | 228.1K | +$17M | $17M |
| ISHARES TR | NEW | +81.1K | 81.1K | +$8M | $8M |
| VANGUARD MUN BD FDS | NEW | +153.5K | 153.5K | +$8M | $8M |
| ISHARES TR | NEW | +68.7K | 68.7K | +$7M | $7M |
| ISHARES TR | NEW | +92.7K | 92.7K | +$7M | $7M |
| VUGVANGUARD INDEX FDS | NEW | +19.7K | 19.7K | +$6M | $6M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | US LRG CAP ETF · US SML CAP ETF · SHT TM US TRES · US LCAP VA ETF · US LCAP GR ETF | 18.88% | $37M | 695.0K |
| 2 | ISHARES TR | SHRT NAT MUN ETF · NATIONAL MUN ETF · MSCI USA MIN VOL · MSCI EAFE MIN VL · CORE MSCI EAFE · CORE MSCI INTL | 15.19% | $29M | 343.3K |
| 3 | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 10.07% | $19M | 421.8K |
| 4 | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 8.57% | $17M | 228.1K |
| 5 | VUGVANGUARD INDEX FDS | GROWTH ETF · VALUE ETF · SM CP VAL ETF · SML CP GRW ETF · TOTAL STK MKT · S&P 500 ETF SHS | 8.17% | $16M | 80.5K |
| 6 | SPDR SER TR | NUVEEN BLOOMBERG · BLOOMBERG HIGH Y · NUVEEN BLMBRG SH · BLOOMBERG 1-3 MO · BLOOMBERG EMERGI | 4.94% | $10M | 239.9K |
| 7 | VANGUARD MUN BD FDS | TAX EXEMPT BD | 3.99% | $8M | 153.5K |
| 8 | VANECK ETF TRUST | JP MRGAN EM LOC · HIGH YLD MUNIETF | 3.08% | $6M | 179.1K |
| 9 | VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 2.71% | $5M | 129.1K |
| 10 | INNOVATOR ETFS TR | US EQTY PWR BUF | 2.44% | $5M | 143.3K |
| 11 | VANGUARD MALVERN FDS | STRM INFPROIDX | 2.10% | $4M | 85.6K |
| 12 | INVESCO EXCH TRADED FD TR II | S&P500 LOW VOL · S&P INTL LOW · SR LN ETF | 2.04% | $4M | 116.5K |
| 13 | VANGUARD WHITEHALL FDS | EM MK GOV BD ETF | 1.79% | $3M | 55.6K |
| 14 | ISHARES INC | MSCI GBL MIN VOL | 1.64% | $3M | 32.3K |
| 15 | DBX ETF TR | XTRACK USD HIGH | 1.64% | $3M | 91.7K |
| 16 | INVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 1.26% | $2M | 16.3K |
| 17 | ABRDN ETFS | BBRG ALL COMD K1 | 0.88% | $2M | 84.0K |
| 18 | AAPLAPPLE INC | COM | 0.81% | $2M | 8.1K |
| 19 | WISDOMTREE TR | BLMBG US BULL | 0.45% | $870,572 | 32.8K |
| 20 | J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 0.41% | $789,906 | 15.8K |
| 21 | LLYLILLY ELI & CO | COM | 0.40% | $774,755 | 1.7K |
| 22 | MSFTMICROSOFT CORP | COM | 0.37% | $722,966 | 2.1K |
| 23 | ABBVABBVIE INC | COM | 0.33% | $638,890 | 4.7K |
| 24 | WBAWALGREENS BOOTS ALLIANCE INC | COM | 0.30% | $574,415 | 20.2K |
| 25 | AMZNAMAZON COM INC | COM | 0.30% | $573,063 | 4.4K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $389M | 116 | Apr 9, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $380M | 110 | Feb 6, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $356M | 99 | Nov 4, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $322M | 98 | Aug 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $291M | 93 | May 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $282M | 85 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $277M | 88 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $248M | 89 | Aug 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $242M | 90 | May 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $226M | 89 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $210M | 83 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $193M | 93 | Aug 8, 2023 | 13F-HR | changes · 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 ↗.