Brown Financial Advisory Long-Term Concentrated

Name: Brown Financial Advisory Q2 2026 13F Filing | 13F Explorer
Creator: Brown Financial Advisory
Published: 2026-07-28

Location: Fairhope, AL

CIK: 0001843853 · Show all filings

Period: Q2 2026 (← Previous)

Filing Date: Jul 28, 2026

Total Value: $239M (100.0% shares, 0.0% debt)

Holdings (49)

New Positions (4)

COKE COCA COLA CONS INC 0.2%

Value $493K Shares 2,580 Est. Cost $190.92 Unrealized —

GOOGL ALPHABET INC 0.1%

Value $235K Shares 657 Est. Cost $357.62 Unrealized —

VOO VANGUARD INDEX FDS 0.1%

Value $230K Shares 335 Est. Cost $685.89 Unrealized —

VEU VANGUARD INTL EQUITY INDEX F 0.1%

Value $210K Shares 2,513 Est. Cost $83.73 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
COKE	COCA COLA CONS INC	2,580	$493K	0.2%	$190.92	—	COM	191098102
GOOGL	ALPHABET INC	657	$235K	0.1%	$357.62	—	CAP STK CL A	02079K305
VOO	VANGUARD INDEX FDS	335	$230K	0.1%	$685.89	—	S&P 500 ETF SHS	922908363
VEU	VANGUARD INTL EQUITY INDEX F	2,513	$210K	0.1%	$83.73	—	ALLWRLD EX US	922042775

Increased Positions (4)

SPYM SPDR SERIES TRUST 42.3%

Value $101M (+22.5%) Shares 1,151,975 (+6.7%) Est. Cost $53.27 Unrealized —

VB VANGUARD INDEX FDS 18.7%

Value $44.81M (+21.0%) Shares 147,831 (+4.6%) Est. Cost $221.41 Unrealized —

IWF ISHARES TR 0.9%

Value $2.057M (+10.4%) Shares 16,563 (+279.3%) Est. Cost $163.01 Unrealized —

SPHY SPDR SERIES TRUST 0.5%

Value $1.078M (+7.9%) Shares 45,996 (+7.4%) Est. Cost $23.41 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPYM	SPDR SERIES TRUST	1,151,975 (+6.7%)	$101M (+22.5%)	42.3%	$53.27	—	ST STR P500ETF	78464A854
VB	VANGUARD INDEX FDS	147,831 (+4.6%)	$44.81M (+21.0%)	18.7%	$221.41	—	SMALL CP ETF	922908751
IWF	ISHARES TR	16,563 (+279.3%)	$2.057M (+10.4%)	0.9%	$163.01	—	RUS 1000 GRW ETF	464287614
SPHY	SPDR SERIES TRUST	45,996 (+7.4%)	$1.078M (+7.9%)	0.5%	$23.41	—	ST PORT HIGH ETF	78468R606

Exited Positions (4)

FBND FIDELITY MERRIMACK STR TR 0.2%

Value $523K Shares 11,473 Est. Cost $45.66 Unrealized —

XMHQ INVESCO EXCHANGE TRADED FD T 0.2%

Value $393K Shares 3,798 Est. Cost $92.82 Unrealized —

IQLT ISHARES TR 0.1%

Value $342K Shares 7,401 Est. Cost $40.14 Unrealized —

VGSH VANGUARD SCOTTSDALE FDS 0.1%

Value $294K Shares 5,029 Est. Cost $58.70 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FBND	FIDELITY MERRIMACK STR TR	11,473	$523K	0.2%	$45.66	—	—	316188309
XMHQ	INVESCO EXCHANGE TRADED FD T	3,798	$393K	0.2%	$92.82	—	—	46137V472
IQLT	ISHARES TR	7,401	$342K	0.1%	$40.14	—	—	46434V456
VGSH	VANGUARD SCOTTSDALE FDS	5,029	$294K	0.1%	$58.70	—	—	92206C102

Decreased Positions (18)

WMT WALMART INC 0.2%

Value $387K (-34.2%) Shares 3,415 (-27.8%) Est. Cost $94.22 Unrealized —

IVV ISHARES TR 0.7%

Value $1.675M (+12.7%) Shares 2,236 (-1.7%) Est. Cost $376.34 Unrealized —

VYM VANGUARD WHITEHALL FDS 0.3%

Value $802K (-14.0%) Shares 5,074 (-19.4%) Est. Cost $129.93 Unrealized —

USMV ISHARES TR 0.2%

Value $488K (-18.5%) Shares 5,054 (-21.7%) Est. Cost $93.71 Unrealized —

FNDX SCHWAB STRATEGIC TR 0.2%

Value $458K (-18.3%) Shares 14,733 (-26.9%) Est. Cost $23.92 Unrealized —

MSFT MICROSOFT CORP 0.5%

Value $1.124M (-7.2%) Shares 3,014 (-7.9%) Est. Cost $420.60 Unrealized —

JPM JPMORGAN CHASE & CO 0.1%

Value $281K (-22.4%) Shares 859 (-30.2%) Est. Cost $252.62 Unrealized —

IWM ISHARES TR 0.2%

Value $520K (+15.9%) Shares 1,732 (-4.4%) Est. Cost $195.22 Unrealized —

SPY STATE STR SPDR S&P 500 ETF T 0.2%

Value $555K (+11.7%) Shares 744 (-2.7%) Est. Cost $425.72 Unrealized —

NVDA NVIDIA CORPORATION 0.2%

Value $487K (-9.9%) Shares 2,436 (-21.5%) Est. Cost $126.47 Unrealized —

HD HOME DEPOT INC 0.1%

Value $348K (-12.6%) Shares 986 (-18.4%) Est. Cost $376.24 Unrealized —

VOE VANGUARD INDEX FDS 0.1%

Value $252K (-10.3%) Shares 1,277 (-16.4%) Est. Cost $164.98 Unrealized —

AAPL APPLE INC 0.5%

Value $1.231M (-2.2%) Shares 4,253 (-14.2%) Est. Cost $207.46 Unrealized —

AMZN AMAZON COM INC 0.2%

Value $552K (+4.9%) Shares 2,318 (-8.3%) Est. Cost $206.86 Unrealized —

ABBV ABBVIE INC 0.3%

Value $831K (+2.7%) Shares 3,303 (-11.3%) Est. Cost $158.09 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC DEL 0.9%

Value $2.069M (+0.9%) Shares 4,135 (-3.4%) Est. Cost $256.83 Unrealized —

QUS SPDR SERIES TRUST 0.1%

Value $216K (-3.8%) Shares 1,155 (-11.7%) Est. Cost $156.70 Unrealized —

SXT SENSIENT TECHNOLOGIES CORP 0.2%

Value $561K (-1.3%) Shares 4,551 (-30.8%) Est. Cost $72.51 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
WMT	WALMART INC	3,415 (-27.8%)	$387K (-34.2%)	0.2%	$94.22	—	COM	931142103
IVV	ISHARES TR	2,236 (-1.7%)	$1.675M (+12.7%)	0.7%	$376.34	—	CORE S&P500 ETF	464287200
VYM	VANGUARD WHITEHALL FDS	5,074 (-19.4%)	$802K (-14.0%)	0.3%	$129.93	—	HIGH DIV YLD	921946406
USMV	ISHARES TR	5,054 (-21.7%)	$488K (-18.5%)	0.2%	$93.71	—	MSCI USA MIN ETF	46429B697
FNDX	SCHWAB STRATEGIC TR	14,733 (-26.9%)	$458K (-18.3%)	0.2%	$23.92	—	FUNDAMENTAL US L	808524771
MSFT	MICROSOFT CORP	3,014 (-7.9%)	$1.124M (-7.2%)	0.5%	$420.60	—	COM	594918104
JPM	JPMORGAN CHASE & CO	859 (-30.2%)	$281K (-22.4%)	0.1%	$252.62	—	COM	46625H100
IWM	ISHARES TR	1,732 (-4.4%)	$520K (+15.9%)	0.2%	$195.22	—	RUSSELL 2000 ETF	464287655
SPY	STATE STR SPDR S&P 500 ETF T	744 (-2.7%)	$555K (+11.7%)	0.2%	$425.72	—	TR UNIT	78462F103
NVDA	NVIDIA CORPORATION	2,436 (-21.5%)	$487K (-9.9%)	0.2%	$126.47	—	COM	67066G104
HD	HOME DEPOT INC	986 (-18.4%)	$348K (-12.6%)	0.1%	$376.24	—	COM	437076102
VOE	VANGUARD INDEX FDS	1,277 (-16.4%)	$252K (-10.3%)	0.1%	$164.98	—	MCAP VL IDXVIP	922908512
AAPL	APPLE INC	4,253 (-14.2%)	$1.231M (-2.2%)	0.5%	$207.46	—	COM	037833100
AMZN	AMAZON COM INC	2,318 (-8.3%)	$552K (+4.9%)	0.2%	$206.86	—	COM	023135106
ABBV	ABBVIE INC	3,303 (-11.3%)	$831K (+2.7%)	0.3%	$158.09	—	COM	00287Y109
BRK/B	BERKSHIRE HATHAWAY INC DEL	4,135 (-3.4%)	$2.069M (+0.9%)	0.9%	$256.83	—	CL B NEW	084670702
QUS	SPDR SERIES TRUST	1,155 (-11.7%)	$216K (-3.8%)	0.1%	$156.70	—	ST STR MSCI USAQ	78468R812
SXT	SENSIENT TECHNOLOGIES CORP	4,551 (-30.8%)	$561K (-1.3%)	0.2%	$72.51	—	COM	81725T100

Unchanged Positions (23)

DEXC DIMENSIONAL ETF TRUST 14.8%

Value $35.49M Shares 429,629 Est. Cost $50.75 Unrealized —

IWB ISHARES TR 4.6%

Value $11.12M Shares 27,165 Est. Cost $211.84 Unrealized —

VONE VANGUARD SCOTTSDALE FDS 3.0%

Value $7.171M Shares 21,172 Est. Cost $224.09 Unrealized —

SPDW SPDR INDEX SHS FDS 4.3%

Value $10.38M Shares 206,062 Est. Cost $33.04 Unrealized —

CAT CATERPILLAR INC 0.2%

Value $437K Shares 410 Est. Cost $425.39 Unrealized —

SPEM SPDR INDEX SHS FDS 0.6%

Value $1.489M Shares 28,757 Est. Cost $40.10 Unrealized —

IWD ISHARES TR 0.4%

Value $957K Shares 3,949 Est. Cost $136.75 Unrealized —

AVDE AMERICAN CENTY ETF TR 1.0%

Value $2.284M Shares 25,603 Est. Cost $60.43 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 0.4%

Value $1.075M Shares 15,092 Est. Cost $52.84 Unrealized —

SPSM SPDR SERIES TRUST 0.3%

Value $653K Shares 11,331 Est. Cost $35.80 Unrealized —

VTI VANGUARD INDEX FDS 0.3%

Value $778K Shares 2,102 Est. Cost $234.98 Unrealized —

VTWO VANGUARD SCOTTSDALE FDS 0.1%

Value $358K Shares 2,947 Est. Cost $96.85 Unrealized —

VXF VANGUARD INDEX FDS 0.2%

Value $366K Shares 1,487 Est. Cost $172.31 Unrealized —

AVEM AMERICAN CENTY ETF TR 0.1%

Value $358K Shares 3,706 Est. Cost $54.73 Unrealized —

XOM EXXON MOBIL CORP 0.1%

Value $222K Shares 1,624 Est. Cost $138.74 Unrealized —

GOOG ALPHABET INC 0.1%

Value $271K Shares 767 Est. Cost $286.33 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.2%

Value $477K Shares 7,990 Est. Cost $54.05 Unrealized —

L LOEWS CORP 0.2%

Value $382K Shares 3,377 Est. Cost $57.39 Unrealized —

SO SOUTHERN CO 0.1%

Value $282K Shares 2,945 Est. Cost $83.81 Unrealized —

BSCT INVESCO EXCH TRD SLF IDX FD 0.2%

Value $422K Shares 22,730 Est. Cost $18.58 Unrealized —

SPAB SPDR SERIES TRUST 0.2%

Value $402K Shares 15,755 Est. Cost $25.61 Unrealized —

BSCS INVESCO EXCH TRD SLF IDX FD 0.2%

Value $422K Shares 20,734 Est. Cost $20.39 Unrealized —

BSCR INVESCO EXCH TRD SLF IDX FD 0.2%

Value $423K Shares 21,549 Est. Cost $19.61 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DEXC	DIMENSIONAL ETF TRUST	429,629	$35.49M	14.8%	$50.75	—	EMERGING MRKTETS	25434V534
IWB	ISHARES TR	27,165	$11.12M	4.6%	$211.84	—	RUS 1000 ETF	464287622
VONE	VANGUARD SCOTTSDALE FDS	21,172	$7.171M	3.0%	$224.09	—	VNG RUS1000IDX	92206C730
SPDW	SPDR INDEX SHS FDS	206,062	$10.38M	4.3%	$33.04	—	ST STR PO EX ETF	78463X889
CAT	CATERPILLAR INC	410	$437K	0.2%	$425.39	—	COM	149123101
SPEM	SPDR INDEX SHS FDS	28,757	$1.489M	0.6%	$40.10	—	ST PORT MARK ETF	78463X509
IWD	ISHARES TR	3,949	$957K	0.4%	$136.75	—	RUS 1000 VAL ETF	464287598
AVDE	AMERICAN CENTY ETF TR	25,603	$2.284M	1.0%	$60.43	—	INTL EQT ETF	025072703
VEA	VANGUARD TAX-MANAGED FDS	15,092	$1.075M	0.4%	$52.84	—	VAN FTSE DEV MKT	921943858
SPSM	SPDR SERIES TRUST	11,331	$653K	0.3%	$35.80	—	ST STR SP600 SML	78468R853
VTI	VANGUARD INDEX FDS	2,102	$778K	0.3%	$234.98	—	TOTAL STK MKT	922908769
VTWO	VANGUARD SCOTTSDALE FDS	2,947	$358K	0.1%	$96.85	—	VNG RUS2000IDX	92206C664
VXF	VANGUARD INDEX FDS	1,487	$366K	0.2%	$172.31	—	EXTEND MKT ETF	922908652
AVEM	AMERICAN CENTY ETF TR	3,706	$358K	0.1%	$54.73	—	AVANTIS EMGMKT	025072604
XOM	EXXON MOBIL CORP	1,624	$222K	0.1%	$138.74	—	COM	30231G102
GOOG	ALPHABET INC	767	$271K	0.1%	$286.33	—	CAP STK CL C	02079K107
VWO	VANGUARD INTL EQUITY INDEX F	7,990	$477K	0.2%	$54.05	—	FTSE EMR MKT ETF	922042858
L	LOEWS CORP	3,377	$382K	0.2%	$57.39	—	COM	540424108
SO	SOUTHERN CO	2,945	$282K	0.1%	$83.81	—	COM	842587107
BSCT	INVESCO EXCH TRD SLF IDX FD	22,730	$422K	0.2%	$18.58	—	BULETSHS 2029	46138J577
SPAB	SPDR SERIES TRUST	15,755	$402K	0.2%	$25.61	—	ST STR AGGRE ETF	78464A649
BSCS	INVESCO EXCH TRD SLF IDX FD	20,734	$422K	0.2%	$20.39	—	INVSCO BLSH 28	46138J643
BSCR	INVESCO EXCH TRD SLF IDX FD	21,549	$423K	0.2%	$19.61	—	BULSHS 2027 CB	46138J783