Brown Financial Advisory
Long book
$201.6M
Q1 2026
Positions
49
Top-10 weight
89%
concentration
Last quarter
+15.2%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsBrown Financial Advisory is a wealth-management firm allocating client money, running a $201.6M US long book across 49 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years.
Over the last 9 quarters its long book ran on average 0pp per quarter ahead of the S&P 500, beating the index in 5 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
+2.0%
Q2 2024
+7.9%
Q3 2024
-0.3%
Q4 2024
-2.5%
Q1 2025
+9.6%
Q2 2025
+7.2%
Q3 2025
+2.9%
Q4 2025
-1.3%
Q1 2026
+15.2%
Sector allocation
No sector data
Long book by quarter
What does Brown Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 27, 2026 | 49 | $201.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 29, 2026 | 56 | $197.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 27, 2025 | 55 | $191.0M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 28, 2025 | 55 | $181.2M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 30, 2025 | 52 | $160.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 24, 2025 | 35 | $140.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 25, 2024 | 36 | $141.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 25, 2024 | 32 | $130.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 25, 2024 | 32 | $128.7M | canonical | SEC ↗ |