Brown Advisory 13F annual report
Brown Advisory is an investment fund managing more than $130 billion ran by Joshua Lancaster. There are currently 19 companies in Mr. Lancaster’s portfolio. The largest investments include Spdr Ser Tr and Vanguard Index Fds, together worth $75.5 billion.
$130 billion Assets Under Management (AUM)
As of 18th July 2024, Brown Advisory’s top holding is 938,525 shares of Spdr Ser Tr currently worth over $57.3 billion and making up 44.1% of the portfolio value.
In addition, the fund holds 85,965 shares of Vanguard Index Fds worth $18.2 billion.
The third-largest holding is Dimensional Etf Trust worth $13.1 billion and the next is Ishares Tr worth $14.9 billion, with 58,548 shares owned.
Currently, Brown Advisory's portfolio is worth at least $130 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Brown Advisory
The Brown Advisory office and employees reside in Fairhope, Alabama. According to the last 13-F report filed with the SEC, Joshua Lancaster serves as the Vice-President at Brown Advisory.
Recent trades
In the most recent 13F filing, Brown Advisory revealed that it had opened a new position in
Grainger W W Inc and bought 288 shares worth $260 million.
The investment fund also strengthened its position in Spdr Ser Tr by buying
23,770 additional shares.
This makes their stake in Spdr Ser Tr total 938,525 shares worth $57.3 billion.
On the other hand, there are companies that Brown Advisory is getting rid of from its portfolio.
Brown Advisory closed its position in Abbott Labs on 25th July 2024.
It sold the previously owned 1,904 shares for $216 million.
Joshua Lancaster also disclosed a decreased stake in Dimensional Etf Trust by approximately 0.1%.
This leaves the value of the investment at $13.1 billion and 591,991 shares.
One of the smallest hedge funds
The two most similar investment funds to Brown Advisory are Triton Wealth Management, P and Yunqi Capital Ltd. They manage $130 billion and $130 billion respectively.
Joshua Lancaster investment strategy
Brown Advisory’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Finance — making up 1.4% of
the total portfolio value.
The fund focuses on investments in the United States as
31.6% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
26% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $805 billion.
The complete list of Brown Advisory trades based on 13F SEC filings
These positions were updated on July 25th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Spdr Ser Tr |
2.60%
938,525
|
$57,317,439,000 | 44.07% |
| Vanguard Index Fds |
7.43%
85,965
|
$18,150,761,000 | 13.96% |
| Dimensional Etf Trust |
8.54%
591,991
|
$13,083,002,000 | 10.06% |
| Ishares Tr |
23.88%
58,548
|
$14,856,213,000 | 11.42% |
| Spdr Index Shs Fds |
2.57%
370,078
|
$13,370,469,000 | 10.28% |
| Vanguard Scottsdale Fds |
0.32%
15,985
|
$3,368,926,000 | 2.59% |
| American Centy Etf Tr |
No change
77,367
|
$4,759,203,000 | 3.66% |
| Berkshire Hathaway Inc. |
2.00%
3,927
|
$1,597,504,000 | 1.23% |
| Sensient Technologies Corp. |
16.29%
10,708
|
$794,427,000 | 0.61% |
| Vanguard Tax-managed Fds |
No change
6,471
|
$319,797,000 | 0.25% |
| Spdr Sp 500 Etf Tr |
No change
579
|
$315,104,000 | 0.24% |
| Abbvie Inc |
No change
1,765
|
$302,733,000 | 0.23% |
| Vanguard Charlotte Fds |
No change
6,201
|
$301,803,000 | 0.23% |
| Apple Inc |
3.81%
1,364
|
$287,322,000 | 0.22% |
| Vanguard Intl Equity Index F |
No change
6,267
|
$274,244,000 | 0.21% |
| Grainger W W Inc |
Opened
288
|
$259,846,000 | 0.20% |
| Loews Corp. |
No change
3,377
|
$252,397,000 | 0.19% |
| Mccormick Co Inc |
No change
3,380
|
$239,778,000 | 0.18% |
| Abbott Labs |
Closed
1,904
|
$216,409,000 | |
| Microsoft Corporation |
Opened
456
|
$203,810,000 | 0.16% |
| Ishares Tr |
Closed
4,031
|
$201,349,000 | |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
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