13F HOLDINGS REPORT
Brown Financial Advisors
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0002035548-25-000005
Total Value
$270.7M
Positions
147
Other Managers
0
Confidential Omitted
No
Holdings (147)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | SPDR SERIES TRUST | 78464A854 | 201,420 | $15.8M | 5.83% |
| 2 | DOUBLELINE ETF TRUST | 25861R402 | 163,775 | $8.1M | 3.01% |
| 3 | NVIDIA CORPORATION | NVDA | 42,736 | $8.0M | 2.95% |
| 4 | MICROSOFT CORP | MSFT | 14,442 | $7.5M | 2.76% |
| 5 | AMAZON COM INC | AMZN | 30,734 | $6.7M | 2.49% |
| 6 | NEOS ETF TRUST | 78433H303 | 120,880 | $6.3M | 2.34% |
| 7 | ALPHABET INC | GOOG | 24,926 | $6.1M | 2.24% |
| 8 | AMERICAN CENTY ETF TR | 025072703 | 74,677 | $5.9M | 2.18% |
| 9 | APPLE INC | AAPL | 22,545 | $5.7M | 2.12% |
| 10 | META PLATFORMS INC | META | 6,979 | $5.1M | 1.89% |
| 11 | SPDR INDEX SHS FDS | 78463X889 | 114,666 | $4.9M | 1.81% |
| 12 | COLUMBIA ETF TR I | 19761L706 | 117,003 | $4.7M | 1.74% |
| 13 | AMERICAN CENTY ETF TR | 025072604 | 58,820 | $4.4M | 1.63% |
| 14 | JANUS DETROIT STR TR | 47103U852 | 95,955 | $4.4M | 1.62% |
| 15 | INNOVATOR ETFS TRUST | INHD | 115,446 | $4.3M | 1.60% |
| 16 | BONDBLOXX ETF TRUST | 09789C838 | 76,082 | $3.8M | 1.39% |
| 17 | BROADCOM INC | AVGO | 11,099 | $3.7M | 1.35% |
| 18 | J P MORGAN EXCHANGE TRADED F | 46654Q724 | 55,771 | $3.6M | 1.34% |
| 19 | INVESCO ACTIVELY MANAGED EXC | IVZ | 71,587 | $3.6M | 1.33% |
| 20 | ANGEL OAK FUNDS TRUST | 03463K752 | 70,203 | $3.6M | 1.33% |
| 21 | INVESCO EXCH TRADED FD TR II | IVZ | 14,010 | $3.5M | 1.28% |
| 22 | JANUS DETROIT STR TR | 47103U845 | 67,662 | $3.4M | 1.27% |
| 23 | DOUBLELINE ETF TRUST | 25861R808 | 60,905 | $3.1M | 1.15% |
| 24 | GOLDMAN SACHS GROUP INC | GSCE | 3,902 | $3.1M | 1.15% |
| 25 | JPMORGAN CHASE & CO. | VYLD | 9,590 | $3.0M | 1.12% |
| 26 | INNOVATOR ETFS TRUST | INHD | 101,543 | $3.0M | 1.10% |
| 27 | AIM ETF PRODUCTS TRUST | 00888H554 | 102,575 | $2.9M | 1.08% |
| 28 | BONDBLOXX ETF TRUST | 09789C754 | 55,852 | $2.9M | 1.07% |
| 29 | ISHARES U S ETF TR | 46431W648 | 28,149 | $2.9M | 1.06% |
| 30 | PROCTER AND GAMBLE CO | 742718109 | 18,049 | $2.8M | 1.02% |
| 31 | MORGAN STANLEY | MS-PQ | 16,907 | $2.7M | 0.99% |
| 32 | SELECT SECTOR SPDR TR | 81369Y605 | 48,471 | $2.6M | 0.96% |
| 33 | BONDBLOXX ETF TRUST | 09789C820 | 53,976 | $2.6M | 0.96% |
| 34 | CHEVRON CORP NEW | CVX | 16,084 | $2.5M | 0.92% |
| 35 | VISA INC | V | 7,160 | $2.4M | 0.90% |
| 36 | WALMART INC | WMT | 23,230 | $2.4M | 0.88% |
| 37 | BONDBLOXX ETF TRUST | 09789C846 | 46,122 | $2.3M | 0.85% |
| 38 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 4,511 | $2.3M | 0.84% |
| 39 | UNITEDHEALTH GROUP INC | UNH | 6,534 | $2.3M | 0.83% |
| 40 | UNITED RENTALS INC | URI | 2,335 | $2.2M | 0.82% |
| 41 | ISHARES TR | 464288638 | 39,709 | $2.1M | 0.79% |
| 42 | MEDTRONIC PLC | MDT | 22,462 | $2.1M | 0.79% |
| 43 | WORLD GOLD TR | GLDW | 27,651 | $2.1M | 0.78% |
| 44 | BONDBLOXX ETF TRUST | 09789C812 | 45,043 | $2.1M | 0.78% |
| 45 | SPDR SERIES TRUST | 78464A649 | 80,120 | $2.1M | 0.77% |
| 46 | JOHNSON & JOHNSON | JNJ | 10,870 | $2.0M | 0.74% |
| 47 | LOWES COS INC | 548661107 | 7,938 | $2.0M | 0.74% |
| 48 | BONDBLOXX ETF TRUST | 09789C671 | 39,369 | $2.0M | 0.74% |
| 49 | AMPHENOL CORP NEW | 032095101 | 15,676 | $1.9M | 0.72% |
| 50 | EATON CORP PLC | ETN | 5,093 | $1.9M | 0.70% |
| 51 | ABBOTT LABS | ABLZF | 14,073 | $1.9M | 0.70% |
| 52 | INNOVATOR ETFS TRUST | INHD | 71,107 | $1.9M | 0.69% |
| 53 | MCDONALDS CORP | MCD | 6,021 | $1.8M | 0.68% |
| 54 | PALO ALTO NETWORKS INC | PANW | 8,771 | $1.8M | 0.66% |
| 55 | LAM RESEARCH CORP | LRCX | 13,252 | $1.8M | 0.66% |
| 56 | NETFLIX INC | NFLX | 1,449 | $1.7M | 0.64% |
| 57 | VANECK ETF TRUST | 92189H730 | 47,785 | $1.7M | 0.64% |
| 58 | PIMCO ETF TR | 72201R619 | 33,191 | $1.7M | 0.64% |
| 59 | SPDR SERIES TRUST | 78464A672 | 59,166 | $1.7M | 0.63% |
| 60 | BANK AMERICA CORP | 060505104 | 32,872 | $1.7M | 0.63% |
| 61 | COCA COLA CO | KO | 25,323 | $1.7M | 0.62% |
| 62 | QUANTA SVCS INC | 74762E102 | 4,005 | $1.7M | 0.61% |
| 63 | NEXTERA ENERGY INC | NEE-PW | 20,266 | $1.5M | 0.57% |
| 64 | EXTRA SPACE STORAGE INC | EXR | 10,682 | $1.5M | 0.56% |
| 65 | MARTIN MARIETTA MATLS INC | 573284106 | 2,358 | $1.5M | 0.55% |
| 66 | FIRST TR EXCHANGE-TRADED FD | 33739Q408 | 24,280 | $1.5M | 0.54% |
| 67 | TARGET CORP | TGT | 15,979 | $1.4M | 0.53% |
| 68 | STARBUCKS CORP | SBUX | 16,462 | $1.4M | 0.51% |
| 69 | ECOLAB INC | ECL | 4,951 | $1.4M | 0.50% |
| 70 | CONOCOPHILLIPS | COP | 13,846 | $1.3M | 0.48% |
| 71 | SERVICENOW INC | NOW | 1,406 | $1.3M | 0.48% |
| 72 | BAKER HUGHES COMPANY | BKR | 26,548 | $1.3M | 0.48% |
| 73 | COSTCO WHSL CORP NEW | 22160K105 | 1,343 | $1.2M | 0.46% |
| 74 | SPDR SERIES TRUST | 78468R663 | 13,452 | $1.2M | 0.46% |
| 75 | PAYPAL HLDGS INC | PYPL | 18,254 | $1.2M | 0.45% |
| 76 | WASTE CONNECTIONS INC | WCN | 6,953 | $1.2M | 0.45% |
| 77 | SSGA ACTIVE TR | 78470P622 | 47,184 | $1.2M | 0.44% |
| 78 | SYNOPSYS INC | SNPS | 2,438 | $1.2M | 0.44% |
| 79 | BOSTON SCIENTIFIC CORP | BSX | 11,963 | $1.2M | 0.43% |
| 80 | EQUINIX INC | EQIX | 1,471 | $1.2M | 0.43% |
| 81 | UBER TECHNOLOGIES INC | UBER | 11,312 | $1.1M | 0.41% |
| 82 | ZIMMER BIOMET HOLDINGS INC | ZBH | 10,919 | $1.1M | 0.40% |
| 83 | COHEN & STEERS ETF TRUST | 19249U302 | 36,200 | $1.1M | 0.39% |
| 84 | DEXCOM INC | DXCM | 15,506 | $1.0M | 0.39% |
| 85 | SOUTHWEST AIRLS CO | 844741108 | 32,500 | $1.0M | 0.38% |
| 86 | INSULET CORP | PODD | 3,335 | $1.0M | 0.38% |
| 87 | PROSHARES TR | 74347B508 | 18,568 | $1.0M | 0.37% |
| 88 | VERTEX PHARMACEUTICALS INC | VRTX | 2,329 | $912,130 | 0.34% |
| 89 | AMERICAN CENTY ETF TR | 025072885 | 8,274 | $899,384 | 0.33% |
| 90 | NEOS ETF TRUST | 78433H501 | 17,917 | $890,887 | 0.33% |
| 91 | ISHARES TR | 464288414 | 6,960 | $741,170 | 0.27% |
| 92 | JAMES HARDIE INDS PLC | G4253H101 | 37,850 | $727,099 | 0.27% |
| 93 | SPDR SERIES TRUST | 78464A664 | 24,462 | $659,251 | 0.24% |
| 94 | AIM ETF PRODUCTS TRUST | 00888H828 | 17,513 | $648,713 | 0.24% |
| 95 | SPDR SERIES TRUST | 78468R101 | 20,720 | $607,510 | 0.22% |
| 96 | DOUBLELINE ETF TRUST | 25861R303 | 11,376 | $592,462 | 0.22% |
| 97 | ORACLE CORP | ORCL-PD | 1,989 | $559,386 | 0.21% |
| 98 | L3HARRIS TECHNOLOGIES INC | LHX | 1,785 | $545,157 | 0.20% |
| 99 | ABBVIE INC | ABBV | 2,280 | $527,911 | 0.20% |
| 100 | WELLTOWER INC | WELL | 2,960 | $527,294 | 0.19% |
| 101 | NORTHROP GRUMMAN CORP | NOC | 865 | $527,062 | 0.19% |
| 102 | RTX CORPORATION | RTX | 3,110 | $520,313 | 0.19% |
| 103 | ALTRIA GROUP INC | MO | 7,643 | $504,897 | 0.19% |
| 104 | AMERICAN ELEC PWR CO INC | 025537101 | 4,325 | $486,563 | 0.18% |
| 105 | INNOVATOR ETFS TRUST | INHD | 23,512 | $481,291 | 0.18% |
| 106 | ALLSTATE CORP | ALL-PJ | 2,239 | $480,601 | 0.18% |
| 107 | HOME DEPOT INC | HD | 1,176 | $476,503 | 0.18% |
| 108 | SMUCKER J M CO | 832696405 | 4,377 | $475,342 | 0.18% |
| 109 | US BANCORP DEL | USB-PS | 9,736 | $470,541 | 0.17% |
| 110 | PRUDENTIAL FINL INC | PUKPF | 4,524 | $469,320 | 0.17% |
| 111 | EXXON MOBIL CORP | XOM | 4,144 | $467,180 | 0.17% |
| 112 | ROCKWELL AUTOMATION INC | ROK | 1,312 | $458,583 | 0.17% |
| 113 | KINDER MORGAN INC DEL | EP-PC | 16,164 | $457,603 | 0.17% |
| 114 | INNOVATOR ETFS TRUST | INHD | 15,611 | $452,009 | 0.17% |
| 115 | CME GROUP INC | CME | 1,652 | $446,354 | 0.16% |
| 116 | PAPA JOHNS INTL INC | 698813102 | 9,189 | $442,450 | 0.16% |
| 117 | WELLS FARGO CO NEW | 949746101 | 5,241 | $439,301 | 0.16% |
| 118 | GENERAL MLS INC | 370334104 | 8,580 | $432,604 | 0.16% |
| 119 | MOSAIC CO NEW | MOS | 12,433 | $431,176 | 0.16% |
| 120 | AMGEN INC | AMGN | 1,516 | $427,815 | 0.16% |
| 121 | AT&T INC | T-PC | 15,114 | $426,819 | 0.16% |
| 122 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 2,526 | $425,580 | 0.16% |
| 123 | DISNEY WALT CO | 254687106 | 3,705 | $424,223 | 0.16% |
| 124 | MOODYS CORP | MCO | 884 | $421,208 | 0.16% |
| 125 | FIRST TR EXCHNG TRADED FD VI | 33740F540 | 18,587 | $414,118 | 0.15% |
| 126 | HONEYWELL INTL INC | 438516106 | 1,940 | $408,370 | 0.15% |
| 127 | BALL CORP | BALL | 7,969 | $401,772 | 0.15% |
| 128 | TEXAS INSTRS INC | 882508104 | 2,154 | $395,754 | 0.15% |
| 129 | AVERY DENNISON CORP | AVY | 2,423 | $392,857 | 0.15% |
| 130 | INTERNATIONAL BUSINESS MACHS | INTR | 1,385 | $390,792 | 0.14% |
| 131 | ACCENTURE PLC IRELAND | ACN | 1,508 | $371,750 | 0.14% |
| 132 | ARK ETF TR | 00214Q401 | 2,003 | $349,744 | 0.13% |
| 133 | AMPLIFY ETF TR | 032108607 | 5,156 | $345,658 | 0.13% |
| 134 | AIM ETF PRODUCTS TRUST | 00888H307 | 7,502 | $329,141 | 0.12% |
| 135 | J P MORGAN EXCHANGE TRADED F | 46641Q399 | 2,667 | $321,800 | 0.12% |
| 136 | INNOVATOR ETFS TRUST | INHD | 9,837 | $313,483 | 0.12% |
| 137 | PFIZER INC | PFE | 11,475 | $292,383 | 0.11% |
| 138 | ISHARES TR | 464288570 | 2,300 | $289,685 | 0.11% |
| 139 | SCHLUMBERGER LTD | SLB | 8,377 | $287,917 | 0.11% |
| 140 | J P MORGAN EXCHANGE TRADED F | 46641Q654 | 4,979 | $254,128 | 0.09% |
| 141 | TIDAL TRUST II | 88636J600 | 3,858 | $237,267 | 0.09% |
| 142 | ISHARES TR | 464288646 | 4,330 | $229,620 | 0.08% |
| 143 | INVESCO QQQ TR | IVZ | 380 | $228,141 | 0.08% |
| 144 | ISHARES TR | 464287200 | 340 | $227,562 | 0.08% |
| 145 | CINTAS CORP | CTAS | 1,080 | $221,681 | 0.08% |
| 146 | INNOVATOR ETFS TRUST | INHD | 2,978 | $220,019 | 0.08% |
| 147 | ETF SER SOLUTIONS | 26922A420 | 1,987 | $208,456 | 0.08% |