BA

Brown Advisory INC

Diversified strategyMomentum follower

Total reported value

$60.9B

Reporting period: 2026-03-31 · Number of holdings: 2375

BROWN ADVISORY INC disclosed 2375 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $60.9B and a quarterly turnover rate of 26.7%.

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Personality snowflake

Concentration
5.6
Portfolio Stability
26.67
Momentum/Contrarian
100
Sector conviction
56.57
Diversification
100
Sizing Uniformity
56.99

Recent moves

  • Trim INTU

    -55.7%　-$1.2B

  • Trim MSFT

    -9.6%　-$1.6B

  • Add TSM

    -5.1%　$109.3M

  • Add MELI

    +1462.4%　$384.1M

  • Add IVV

    +21.1%　$151.2M

  • Trim NOW

    -56.2%　-$358.6M

Holdings Map

New buyAddUnchangedTrim

Institutional Game-State Analysis

Core Intent

Brown Advisory runs a hyper-diversified, momentum-chasing mandate with near-zero conviction sizing. This quarter, they systematically trimmed mega-cap tech and financial giants to lock in gains, while aggressively adding Meli to capture breakout momentum. The play is pure position management: rotate capital out of stretched leadership buckets into fresh relative strength names.

Macro & Fundamentals

The flows embed a bet that institutional crowding at the top has peaked and a liquidity-driven rotation toward mid-tier growth is underway. Opposing thesis: mega-cap productivity cycles remain intact, and premature trimming creates cash drag while buying back elevated on mean reversion.

Blind Spots / Risks

Despite a 1,393-stock roster and an HHI of 0.014, the portfolio retains a structural IT overhang at 32.75%. When breadth narrows and the factor premium compresses, this diversified book behaves exactly like a concentrated tech index, leaving zero cushion against a sector-wide repricing event.

The above is AI-generated from public regulatory filings and summarizes historical data only. It is not investment advice.

Top 10 holdings by weight

Full holdings list this quarter

Showing top 1393 holdings (of 2375 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1MSFTMicrosoft CORPStock-Tech5.91%-1.34%-9.61%
2VVisa Inc-class A SharesStock-Financials3.77%+0.15%+2.65%
3TSMTaiwan Semiconductor-sp AdrStock-Tech3.41%+0.67%-5.08%
4GOOGAlphabet Inc-cl CStock-Comm Services3.19%-0.13%-10.76%
5MAMastercard INC - AStock-Financials2.87%—+10.41%
6NVDANvidia CORPStock-Tech2.79%-0.13%-13.33%
7AMZNAmazon.com INCStock-Consumer Disc2.62%-0.38%-18.02%
8BAFEBrown Flex Equity ETFETF-Other2.34%+0.26%+3.04%
9IVVIshares Core S&p 500 ETFETF-Large Cap & Growth1.85%+0.49%+21.15%
10AAPLApple INCStock-Tech1.67%—+3.11%
11SCHWSchwab (charles) CORPStock-Financials1.41%-0.29%-25.04%
12AVGOBroadcom INCStock-Tech1.23%+0.03%-2.14%
13DSPYTema S&p 500 Hist Weight ETFETF-Large Cap & Growth1.23%——
14GEGeneral ElectricStock-Industrials1.22%-0.14%-17.32%
15VTIVanguard Total Stock Mkt ETFETF-Other1.16%—+1.74%
16EFXEquifax INCStock-Industrials1.08%—+29.86%
17SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth1.04%—+5.37%
18ADSKAutodesk INCStock-Tech1.01%—+12.32%
19GOOGLAlphabet Inc-cl AStock-Comm Services0.98%—-1.58%
20ISRGIntuitive Surgical INCStock-Healthcare0.96%-0.24%-16.51%
21EWEdwards Lifesciences CORPStock-Healthcare0.93%—-4.13%
22KKRKkr & Co INCStock-Financials0.92%-0.31%-12.70%
23DHRDanaher CORPStock-Healthcare0.91%-0.20%-16.08%
24FERGFerguson Enterprises INCStock-Industrials0.84%—-12.82%
25BKNGBooking Holdings INCStock-Consumer Disc0.83%—+13.72%
26METAMeta Platforms Inc-class AStock-Comm Services0.81%-0.09%-11.31%
27ZTSZoetis INCStock-Healthcare0.81%—+3.48%
28MRVLMarvell Technology INCStock-Tech0.81%+0.01%-26.73%
29INTUIntuit INCStock-Tech0.80%-1.55%-55.72%
30BRK-BBerkshire Hathaway Inc-cl BStock-Other0.80%—-3.11%
31CARRCarrier Global CORPStock-Industrials0.75%—-20.90%
32UBERUber Technologies INCStock-Industrials0.75%-0.23%-26.07%
33SPOTSpotify Technology S.A.Stock-Comm Services0.74%—+11.67%
34ASMLASML Holding N.V.Stock-Tech0.72%—-26.91%
35AZOAutozone INCStock-Consumer Disc0.69%—-3.07%
36MPWRMonolithic Power Systems INCStock-Tech0.68%—-24.14%
37MELIMercadolibre INCStock-Consumer Disc0.68%+0.64%+1462.42%
38BASGBrown Adviso Sustain Gro ETFETF-Other0.64%-0.04%-8.99%
39JPMJpmorgan Chase & CoStock-Financials0.59%—-0.23%
40EAGLEagle Capital Select EqtyETF-Other0.58%+0.27%+71.38%
41AJGArthur J Gallagher & CoStock-Financials0.56%-0.17%-22.07%
42WSTWest Pharmaceutical ServicesStock-Healthcare0.55%-0.20%-31.01%
43CDNSCadence Design Sys INCStock-Tech0.55%-0.18%-28.92%
44DDOGDatadog INC - Class AStock-Tech0.54%-0.12%-18.86%
45CTASCintas CORPStock-Industrials0.53%+0.30%+118.24%
46IOTSamsara Inc-cl AStock-Tech0.53%-0.02%-9.94%
47BASVBrown Advisory Sv ETFETF-Other0.52%—+27.82%
48COSTCostco Wholesale CORPStock-Consumer Staples0.52%—-18.54%
49XOMExxon Mobil CORPStock-Energy0.51%+0.20%-1.17%
50PGRProgressive CORPStock-Financials0.50%-0.44%-47.37%
1–50 of 1,393

Holding changes this quarter

Brown Advisory INC's most significant position changes for 2026-03-31: Sold out: Confluent Inc-class A (8QR); Trim: Intuit INC (INTU) — shares -55.72%; Trim: Microsoft CORP (MSFT) — shares -9.61%; Trim: Taiwan Semiconductor-sp Adr (TSM) — shares -5.08%; Add: Mercadolibre INC (MELI) — shares +1462.42%.

Position changes disclosed by Brown Advisory INC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1TSMTaiwan Semiconductor-sp Adr+0.7%-5.08%Trim
2MELIMercadolibre INC+0.6%+1462.42%Add
3IVVIshares Core S&p 500 ETF+0.5%+21.15%Add
4PANWPalo Alto Networks INC+0.4%+1138.53%Add
5CTASCintas CORP+0.3%+118.24%Add
6EAGLEagle Capital Select Eqty+0.3%+71.38%Add
7BAFEBrown Flex Equity ETF+0.3%+3.04%Add
8XOMExxon Mobil CORP+0.2%-1.17%Trim
9VVisa Inc-class A Shares+0.2%+2.65%Add
10GOVTIshares US Treasury Bond ETF+0.1%+109.45%Add
11SAPSap Se-sponsored Adr+0.1%+7867.77%Add
12AVGOBroadcom INC0%-2.14%Trim
13MRVLMarvell Technology INC0%-26.73%Trim
14CARRCarrier Global CORP—-20.90%Trim
15IOTSamsara Inc-cl A0%-9.94%Trim
16ABNBAirbnb Inc-class A0%-15.07%Trim
17BASGBrown Adviso Sustain Gro ETF0%-8.99%Trim
18HLTHilton Worldwide Holdings In-0.1%-36.65%Trim
19ECLEcolab INC-0.1%-27.87%Trim
20METAMeta Platforms Inc-class A-0.1%-11.31%Trim
21WDAYWorkday Inc-class A-0.1%+13.43%Add
22SHOPShopify INC - Class A-0.1%-14.56%Trim
23VEEVVeeva Systems Inc-class A-0.1%-86.71%Trim
24DDOGDatadog INC - Class A-0.1%-18.86%Trim
25GOOGAlphabet Inc-cl C-0.1%-10.76%Trim
26NVDANvidia CORP-0.1%-13.33%Trim
27TROWT Rowe Price Group INC-0.1%-65.71%Trim
28TDGTransdigm Group INC-0.1%-70.41%Trim
29GEGeneral Electric-0.1%-17.32%Trim
30VLTOVeralto CORP-0.2%-30.42%Trim
31CSGPCostar Group INC-0.2%-82.32%Trim
32AJGArthur J Gallagher & Co-0.2%-22.07%Trim
33CDNSCadence Design Sys INC-0.2%-28.92%Trim
34ARESAres Management CORP - A-0.2%-18.39%Trim
35DHRDanaher CORP-0.2%-16.08%Trim
36WSTWest Pharmaceutical Services-0.2%-31.01%Trim
37FICOFair Isaac CORP-0.2%-91.39%Trim
38HDBHdfc Bank Ltd-adr-0.2%-19.83%Trim
39UBERUber Technologies INC-0.2%-26.07%Trim
40ISRGIntuitive Surgical INC-0.2%-16.51%Trim
41SCHWSchwab (charles) CORP-0.3%-25.04%Trim
42KKRKkr & Co INC-0.3%-12.70%Trim
43AMZNAmazon.com INC-0.4%-18.02%Trim
44DTDynatrace INC-0.4%-73.54%Trim
45PGRProgressive CORP-0.4%-47.37%Trim
46NOWServicenow INC-0.5%-56.23%Trim
47VRSKVerisk Analytics INC-0.5%-97.50%Trim
48MSFTMicrosoft CORP-1.3%-9.61%Trim
49INTUIntuit INC-1.6%-55.72%Trim
508QRConfluent Inc-class A—EXITSold out

FAQ

What is Brown Advisory INC and what type of investor is it?
Brown Advisory INC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $60.9B, spread across 2375 disclosed positions.
What are Brown Advisory INC's largest equity positions?
Based on the latest 13F filing, Brown Advisory INC's top holdings by market value are: 1. Microsoft CORP (MSFT) — $3.6B (5.9%) 2. Visa Inc-class A Shares (V) — $2.3B (3.8%) 3. Taiwan Semiconductor-sp Adr (TSM) — $2.1B (3.4%) 4. Alphabet Inc-cl C (GOOG) — $1.9B (3.2%) 5. Mastercard INC - A (MA) — $1.7B (2.9%)
What changes did Brown Advisory INC make in its most recent portfolio filing?
In the latest reported quarter, Brown Advisory INC made 50 notable position adjustments: 0 new positions were initiated, 10 existing holdings were added to, 39 positions were partially reduced, and 1 were completely exited. The largest of these moves: Sold out: Confluent Inc-class A (8QR); Trim: Intuit INC (INTU) — shares -55.72%; Trim: Microsoft CORP (MSFT) — shares -9.61%; Trim: Taiwan Semiconductor-sp Adr (TSM) — shares -5.08%; Add: Mercadolibre INC (MELI) — shares +1462.42%
What sectors does Brown Advisory INC focus on?
Brown Advisory INC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 32.8% • Financials: 19.3% • Industrials: 13.1% • Health Care: 10.1% • Consumer Discretionary: 9.6% • Communication Services: 8.0%

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