BROWN ADVISORY INC

Diversified mechanical Mechanical CIK 1345929
League rank
#47
in Diversified mechanical · #1541 overall
Long book
$60.86B
Q1 2026
Positions
1393
Top-10 weight
30%
concentration
Last quarter
+15.1%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

BROWN ADVISORY INC is a mechanically diversified allocator, running a $60.86B US long book across 1393 positions.

The portfolio is moderately concentrated (top 10 ≈ 30% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: MICROSOFT CORP, VISA INC-CLASS A SHARES, TAIWAN SEMICONDUCTOR-SP ADR, ALPHABET INC-CL C, MASTERCARD INC - A.

Over the last 9 quarters its long book ran on average 1.6pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.1%
Q2 2024
+4.6%
Q3 2024
+1.9%
Q4 2024
-6.4%
Q1 2025
+12.7%
Q2 2025
+3.6%
Q3 2025
+0.1%
Q4 2025
-7.9%
Q1 2026
+15.1%

Sector allocation

Technology
36%
Services media
15%
Financials
12%
Industrials
9%
Healthcare
9%
Consumer discretionary
8%
Other
4%
Energy
2%

Long book by quarter

$74.80B
Q1 2024
$76.50B
Q2 2024
$79.64B
Q3 2024
$78.84B
Q4 2024
$69.97B
Q1 2025
$75.96B
Q2 2025
$76.82B
Q3 2025
$71.68B
Q4 2025
$60.86B
Q1 2026

What does BROWN ADVISORY own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
MSFT MICROSOFT CORPTechnology9.7M$3.60B5.9%-9.6%
V VISA INC-CLASS A SHARESServices media7.6M$2.30B3.8%+2.7%
GOOG ALPHABET INC-CL CTechnology6.8M$1.94B3.2%-10.8%
MA MASTERCARD INC - AServices media3.5M$1.74B2.9%+10.4%
NVDA NVIDIA CORPTechnology9.7M$1.70B2.8%-13.3%
AMZN AMAZON.COM INCConsumer discretionary7.6M$1.59B2.6%-18.0%
AAPL APPLE INCTechnology4.0M$1.02B1.7%+3.1%
SCHW SCHWAB (CHARLES) CORPFinancials9.1M$859.2M1.4%-25.0%
AVGO BROADCOM INCTechnology2.4M$750.7M1.2%-2.1%
GE GENERAL ELECTRICIndustrials2.6M$744.6M1.2%-17.3%
EFX EQUIFAX INCServices media3.6M$657.0M1.1%+29.9%
ADSK AUTODESK INCTechnology2.6M$614.0M1.0%+12.3%
GOOGL ALPHABET INC-CL ATechnology2.1M$594.8M1.0%-1.6%
ISRG INTUITIVE SURGICAL INCHealthcare1.3M$585.0M1.0%-16.5%
EW EDWARDS LIFESCIENCES CORPHealthcare7.0M$562.9M0.9%-4.1%
KKR KKR & CO INCFinancials6.0M$558.1M0.9%-12.7%
DHR DANAHER CORPTechnology2.9M$554.9M0.9%-16.1%
FERG FERGUSON ENTERPRISES INCConsumer discretionary2.2M$509.3M0.8%-12.8%
BKNG BOOKING HOLDINGS INCIndustrials120.4K$506.8M0.8%+13.7%
META META PLATFORMS INC-CLASS ATechnology866.7K$495.9M0.8%-11.3%
ZTS ZOETIS INCHealthcare4.2M$495.1M0.8%+3.5%
MRVL MARVELL TECHNOLOGY INCTechnology5.0M$492.7M0.8%-26.7%
INTU INTUIT INCTechnology1.1M$486.4M0.8%-55.7%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials1.0M$485.2M0.8%-3.1%
CARR CARRIER GLOBAL CORPIndustrials8.1M$455.8M0.7%-20.9%
UBER UBER TECHNOLOGIES INCServices media6.3M$455.7M0.7%-26.1%
SPOT SPOTIFY TECHNOLOGY SACommunications932.2K$452.0M0.7%+11.7%
ASML ASML HOLDING NV-NY REG SHSIndustrials330.6K$436.6M0.7%-26.9%
AZO AUTOZONE INCConsumer discretionary124.2K$419.5M0.7%-3.1%
MPWR MONOLITHIC POWER SYSTEMS INCTechnology379.9K$415.4M0.7%-24.1%
MELI MERCADOLIBRE INCServices media240.0K$415.0M0.7%+1462.4%
JPM JPMORGAN CHASE & COFinancials1.2M$358.9M0.6%-0.2%
AJG ARTHUR J GALLAGHER & COFinancials1.6M$342.3M0.6%-22.1%
WST WEST PHARMACEUTICAL SERVICESHealthcare1.3M$336.1M0.6%-31.0%
CDNS CADENCE DESIGN SYS INCTechnology1.2M$332.7M0.5%-28.9%
DDOG DATADOG INC - CLASS ATechnology2.8M$331.4M0.5%-18.9%
CTAS CINTAS CORPOther1.9M$320.5M0.5%+118.2%
IOT SAMSARA INC-CL ATechnology10.1M$320.0M0.5%-9.9%
COST COSTCO WHOLESALE CORPConsumer discretionary317.8K$316.6M0.5%-18.5%
XOM EXXON MOBIL CORPEnergy1.8M$313.2M0.5%-1.2%
PGR PROGRESSIVE CORPFinancials1.5M$307.2M0.5%-47.4%
ABNB AIRBNB INC-CLASS AServices media2.3M$290.5M0.5%-15.1%
ECL ECOLAB INCOther1.1M$288.5M0.5%-27.9%
ALLE ALLEGION PLCServices media1.9M$282.2M0.5%+0.1%
PANW PALO ALTO NETWORKS INCTechnology1.7M$280.2M0.5%+1138.5%
WCN WASTE CONNECTIONS INCUtilities1.7M$276.2M0.5%+1.3%
VLTO VERALTO CORPTechnology3.0M$266.0M0.4%-30.4%
WDAY WORKDAY INC-CLASS ATechnology1.9M$252.0M0.4%+13.4%
SNOW SNOWFLAKE INCTechnology1.6M$246.6M0.4%+19.3%
JNJ JOHNSON & JOHNSONHealthcare999.6K$244.4M0.4%+1.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 20262375$60.86B canonicalSEC ↗
Q4 202513F-HRFeb 13, 20262914$71.68B canonicalSEC ↗
Q3 202513F-HRNov 14, 20253106$76.82B canonicalSEC ↗
Q2 202513F-HRAug 13, 20253063$75.96B canonicalSEC ↗
Q1 202513F-HRApr 30, 20252949$69.97B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20252988$78.84B canonicalSEC ↗
Q3 202413F-HRNov 13, 20242892$79.64B canonicalSEC ↗
Q2 202413F-HRAug 14, 20242843$76.50B canonicalSEC ↗
Q1 202413F-HRApr 24, 20242324$74.80B canonicalSEC ↗