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Livermore
Livermore
ZHEN

Brown Financial Advisors

SEC CIK
0002035548
Latest filing
Aug 26, 2026

Holdings in Q3 2024

Holdings as of Sep 30, 2024, filed Nov 18, 2024. Long positions only; changes compare share counts with Q2 2024.

Institution overview
Positions
125
−94 vs. Q2 2024
Portfolio value
$242.9M
+$19.1M (+8.5%) vs. Q2 2024
Filed
Nov 18, 2024
SEC
Holdings of Brown Financial Advisors in Q3 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
State Street SPDR Portfolio S&P 500 ETF78464A854ETF212,186$14.3M5.9%+10,471+5.2%Added–
Neos ETF Trust78433H303NEOS S&P 500 HI164,448$8.42M3.5%+158,886+2,856.6%Added–
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF214,914$8.07M3.3%+11,964+5.9%Added–
Innovator ETFs Trust45783Y889US EQT ACLRTD 9238,476$7.98M3.3%+238,476New–
J P Morgan Exchange Traded F46654Q724HEDG EQU LAD ETF129,362$7.91M3.3%+53,369+70.2%Added–
Innovator ETFs Trust45783Y541EQUITY DEF PROTN208,165$5.71M2.4%+208,165New–
Aim ETF Products Trust00888H869ALLIANZIM US EQ170,346$5.01M2.1%+170,346New–
MSFTMicrosoft CorpStock11,222$4.83M2.0%−773−6.4%ReducedHistory
iShares Tr464288638ISHS 5-10YR INVT89,338$4.80M2.0%−21,346−19.3%Reduced–
Doubleline ETF Trust25861R402MORTGAGE ETF93,516$4.71M1.9%−52,179−35.8%Reduced–
AMZNAmazon Com IncStock24,922$4.64M1.9%+241+1.0%AddedHistory
AAPLApple Inc.Stock19,548$4.55M1.9%−1,367−6.5%ReducedHistory
NVDANVIDIA CorpStock34,822$4.23M1.7%+4,899+16.4%AddedHistory
Bondbloxx ETF Trust09789C754BBB RATED 1 5 YE78,393$4.04M1.7%+3,914+5.3%Added–
iShares MSCI USA Quality Factor ETF46432F339ETF22,472$4.03M1.7%+1,131+5.3%Added–
GOOGAlphabet Inc.Stock23,956$4.01M1.6%+572+2.4%AddedHistory
J P Morgan Exchange Traded F46641Q332EQUITY PREMIUM61,007$3.63M1.5%+3,435+6.0%Added–
Ssga Active ETF Tr78467V707ST STR UL BD ETF88,624$3.61M1.5%+4,185+5.0%Added–
Invesco Actively Managed Exc46090A887ULTRA SHRT DUR71,578$3.59M1.5%+3,269+4.8%Added–
METAMeta Platforms, Inc.Stock6,221$3.56M1.5%+1,594+34.4%AddedHistory
Janus Detroit STR Tr47103U746HEND SECU IN ETF66,027$3.50M1.4%+2,974+4.7%Added–
VanEck ETF Trust92189H730MORNINGSTAR SMID95,150$3.33M1.4%+5,226+5.8%Added–
Goldman Sachs ETF Tr38149W788CMN92,362$3.23M1.3%+4,930+5.6%Added–
Bondbloxx ETF Trust09789C846BLOOMBERG THREE62,533$3.13M1.3%+31,533+101.7%Added–
Innovator ETFs Tr45783Y665GRADIENT TACTIC110,211$3.12M1.3%+99,158+897.1%Added–
Janus Detroit STR Tr47103U852HENDERSON MTG66,667$3.11M1.3%+2,884+4.5%Added–
Janus Detroit STR Tr47103U845HENDRSON AAA CL60,027$3.05M1.3%+3,248+5.7%Added–
iShares Tr46434V456MSCI INTL QUALTY68,372$2.84M1.2%+3,878+6.0%Added–
UNHUnitedHealth Group IncStock4,742$2.77M1.1%−949−16.7%ReducedHistory
Angel Oak Funds Trust03463K737MORTGAGE BACKED308,170$2.74M1.1%+3,013+1.0%Added–
State Street SPDR Portfolio Aggregate Bond ETF78464A649ETF100,690$2.63M1.1%+38,938+63.1%Added–
Innovator ETFs Tr45782C243INVTOR 2 PLS 5124,819$2.63M1.1%+5,499+4.6%Added–
First Tr Exchange-Traded FD33739Q200FST LOW OPPT EFT52,883$2.61M1.1%+52,883New–
American Centy ETF Tr025072604AVANTIS EMGMKT35,037$2.26M0.9%+1,946+5.9%Added–
Bondbloxx ETF Trust09789C838BLOOMBERG FVE YR41,734$2.09M0.9%−10,629−20.3%Reduced–
WMTWalmart Inc.Stock24,520$1.98M0.8%−712−2.8%ReducedHistory
GSGoldman Sachs Group IncStock3,982$1.97M0.8%−684−14.7%ReducedHistory
JPMJPMorgan Chase & CoStock9,207$1.94M0.8%−1,693−15.5%ReducedHistory
CVXChevron CorpStock13,068$1.92M0.8%−1,824−12.2%ReducedHistory
PGProcter & Gamble CoStock10,695$1.85M0.8%−1,453−12.0%ReducedHistory
JNJJohnson & JohnsonStock11,425$1.85M0.8%−2,074−15.4%ReducedHistory
First Tr Exchange-Traded FD33739Q408FIRST TR ENH NEW30,118$1.80M0.7%+1,348+4.7%Added–
MSMorgan StanleyStock16,936$1.77M0.7%−3,207−15.9%ReducedHistory
BRK.BBerkshire Hathaway IncStock3,824$1.76M0.7%+171+4.7%AddedHistory
MCDMcDonalds CorpStock5,763$1.75M0.7%−564−8.9%ReducedHistory
MDTMedtronic plcStock19,099$1.72M0.7%−3,185−14.3%ReducedHistory
EXRExtra Space Storage Inc.COM9,134$1.65M0.7%+3,731+69.1%AddedHistory
GLDMWorld Gold TrustSPDR GLD MINIS31,346$1.63M0.7%+1,302+4.3%AddedHistory
SBUXStarbucks CorpStock16,707$1.63M0.7%−958−5.4%ReducedHistory
KOCoca Cola CoStock22,634$1.63M0.7%−2,523−10.0%ReducedHistory
ABTAbbott LaboratoriesStock13,844$1.58M0.6%−1,357−8.9%ReducedHistory
LOWLowes Companies IncStock5,789$1.57M0.6%+171+3.0%AddedHistory
VVisa Inc.Stock5,677$1.56M0.6%+554+10.8%AddedHistory
TGTTarget CorpStock9,971$1.55M0.6%−66−0.7%ReducedHistory
AVGOBroadcom Inc.Stock9,000$1.55M0.6%+140+1.6%AddedConverted for a 10-for-1 splitHistory
PYPLPayPal Holdings, Inc.Stock19,360$1.51M0.6%−5,700−22.7%ReducedHistory
URIUnited Rentals, Inc.COM1,757$1.42M0.6%+86+5.1%AddedHistory
NEENextera Energy IncStock16,004$1.35M0.6%−5,028−23.9%ReducedHistory
iShares Tr464288646ISHS 1-5YR INVS24,930$1.31M0.5%+24,930New–
COPConocoPhillipsStock12,266$1.29M0.5%+1,105+9.9%AddedHistory
PFEPfizer IncStock43,888$1.27M0.5%+18,684+74.1%AddedHistory
PANWPalo Alto Networks IncStock3,711$1.27M0.5%−1,681−31.2%ReducedHistory
SPDR Series Trust78464A672ST INTER ETF42,150$1.22M0.5%+1,639+4.0%Added–
BACBank of America CorpStock30,467$1.21M0.5%−9,490−23.8%ReducedHistory
COSTCostco Wholesale CorpStock1,343$1.19M0.5%−220−14.1%ReducedHistory
SLBSLB LimitedStock27,930$1.17M0.5%+11,222+67.2%AddedHistory
Neos ETF Trust78433H501NEOS ENH INC 1-323,382$1.16M0.5%+1,024+4.6%Added–
AMDAdvanced Micro Devices IncStock7,069$1.16M0.5%−2,496−26.1%ReducedHistory
Doubleline ETF Trust25861R303COMMERCIAL REAL21,632$1.12M0.5%+975+4.7%Added–
NOWServiceNow, Inc.Stock1,189$1.06M0.4%−616−34.1%ReducedHistory
Matthews Asia FDS577125818EMER MKTS EQUITY32,063$1.06M0.4%+1,808+6.0%Added–
Bondbloxx ETF Trust09789C820BLOOMBERG SEVEN21,250$1.04M0.4%−21,801−50.6%Reduced–
BSXBoston Scientific CorpStock12,374$1.04M0.4%−6,110−33.1%ReducedHistory
ZBHZimmer Biomet Holdings, Inc.Stock9,566$1.03M0.4%+1,361+16.6%AddedHistory
PWRQuanta Services, Inc.COM3,451$1.03M0.4%+224+6.9%AddedHistory
ECLEcolab Inc.Stock4,000$1.02M0.4%+5+0.1%AddedHistory
INTUIntuit Inc.Stock1,639$1.02M0.4%+15+0.9%AddedHistory
ETNEaton Corp plcStock3,020$1.00M0.4%+3,020NewHistory
EQIXEquinix IncCOM1,094$971.1K0.4%+63+6.1%AddedHistory
NFLXNetflix IncStock1,334$946.2K0.4%−446−25.1%ReducedHistory
PIMCO ETF Tr72201R619PREFERRED AND CP18,202$940.5K0.4%+1,410+8.4%Added–
Innovator ETFs Trust45782C417US EQTY PWR BUF26,029$938.1K0.4%+295+1.1%Added–
AVYAvery Dennison CorpCOM4,203$927.7K0.4%+310+8.0%AddedHistory
LUVSouthwest Airlines CoCOM29,919$886.5K0.4%+3,205+12.0%AddedHistory
GPNGlobal Payments IncStock8,529$873.5K0.4%−3,137−26.9%ReducedHistory
MAMastercard IncStock1,712$845.1K0.3%+186+12.2%AddedHistory
LRCXLam Research CorpCOM1,027$838.1K0.3%−371−26.5%ReducedHistory
IQVIQVIA Holdings Inc.Stock3,432$813.2K0.3%+396+13.0%AddedHistory
WCNWaste Connections, Inc.COM4,279$765.1K0.3%−24−0.6%ReducedHistory
DXCMDexcom IncCOM10,793$723.5K0.3%−109−1.0%ReducedHistory
KVUEKenvue Inc.Stock24,352$563.3K0.2%−12,814−34.5%ReducedHistory
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF5,760$528.8K0.2%−7,462−56.4%Reduced–
XELXcel Energy IncStock8,070$527.0K0.2%−4,799−37.3%ReducedHistory
RTXRTX CorpStock4,311$522.3K0.2%−2,807−39.4%ReducedHistory
ORCLOracle CorpStock3,061$521.6K0.2%−3,060−50.0%ReducedHistory
SHWSherwin Williams CoCOM1,361$519.5K0.2%+1,361NewHistory
NOCNorthrop Grumman CorpStock983$519.1K0.2%+983NewHistory
BXBlackstone Inc.COM3,380$517.6K0.2%−2,434−41.9%ReducedHistory
HDHome Depot, Inc.Stock1,260$510.6K0.2%−907−41.9%ReducedHistory
CAHCardinal Health IncStock4,565$504.5K0.2%−2,373−34.2%ReducedHistory

Sold out since Q2 2024 (104)

Positions held at the end of Q2 2024 that are gone from this filing.

The largest 100 of 104 by value last quarter.

Positions of Brown Financial Advisors sold out since Q2 2024
SecurityClassShares in Q2 2024Value in Q2 2024% of portfolio in Q2 2024History
Aim ETF Products Trust00888H778ALLIANZIM US EQT128,543$3.79M1.7%–
ADPAutomatic Data Processing IncStock7,116$1.70M0.8%History
SCHWSchwab Charles CorpStock13,441$990.5K0.4%History
Innovator ETFs Trust45782C433US EQTY BUFR FEB22,880$929.9K0.4%–
CMGChipotle Mexican Grill IncCOM12,828$803.7K0.4%History
AJGArthur J. Gallagher & Co.COM2,854$740.1K0.3%History
METMetlife IncStock10,078$707.4K0.3%History
ORLYO Reilly Automotive IncStock664$700.7K0.3%History
CVSCVS Health CorpStock11,573$683.5K0.3%History
TMOThermo Fisher Scientific Inc.Stock1,213$670.5K0.3%History
CMECME Group Inc.COM3,276$644.1K0.3%History
NKENIKE, Inc.Stock7,225$544.5K0.2%History
SNAPSnap IncStock22,291$370.2K0.2%History
HQYHealthequity, Inc.COM3,838$330.8K0.1%History
INVHInvitation Homes Inc.COM8,949$321.2K0.1%History
SAIASaia IncCOM657$311.6K0.1%History
LPLALPL Financial Holdings Inc.COM1,111$310.2K0.1%History
PCRXPacira BioSciences, Inc.COM10,323$295.3K0.1%History
FTNTFortinet, Inc.Stock4,860$292.9K0.1%History
SWNSouthwestern Energy CoCOM43,455$292.5K0.1%History
AZEKAZEK Co Inc.CL A6,401$269.7K0.1%History
ULTAUlta Beauty, Inc.Stock695$268.2K0.1%History
LULUlululemon athletica inc.Stock871$260.0K0.1%History
FIVEFive Below, IncCOM2,039$222.1K0.1%History
SPDR Series Trust78468R531SPDR S&P 500 ESG2,912$154.6K0.1%–
iShares Tr46435U663ESG AWARE MSCI3,674$141.4K0.1%–
First Tr Exchng Traded FD VI33740F540SKYB CRY IND ETF10,134$135.8K0.1%–
Innovator ETFs Trust45782C516EMRGNG MKT JAN3,925$117.1K0.1%–
Innovator ETFs Trust45782C474US SML CP PWR B3,278$114.4K0.1%–
ARK Next Generation Technology ETF00214Q401ETF1,383$107.9K<0.1%–
Goldman Sachs ETF Tr381430396JUST US LRG CP1,294$101.1K<0.1%–
Amplify Blockchain Technology ETF032108607ETF2,721$96.5K<0.1%–
iShares Tr46435G102CONV BD ETF1,204$94.7K<0.1%–
iShares Esg Aware US Aggregate Bond ETF46435U549ETF1,886$87.9K<0.1%–
iShares Tr46434V464LOW CA OP MS ETF406$74.4K<0.1%–
FFIVF5, Inc.Stock384$66.1K<0.1%History
Tidal Trust II88636J600ROUNDHILL GENER1,280$47.8K<0.1%–
Global X FDS37954Y343GLBL X MLP ETF882$42.8K<0.1%–
First Tr Exchange Traded FD33738R720NASDQ ARTFCIAL952$40.3K<0.1%–
First Trust Indxx Innovative Transaction & Process ETF33741X201ETF888$38.6K<0.1%–
SPDR Series Trust78468R747ST STR MSCI GEN350$38.1K<0.1%–
PPLTabrdn Platinum ETF TrustPHYSCL PLATM SHS338$30.9K<0.1%History
iShares Tr46435G193ESG AWRE USD ETF1,290$29.3K<0.1%–
iShares Tr46436E874IBONDS 24 TRM TS1,154$27.7K<0.1%–
SIVRabrdn Silver ETF TrustPHYSCL SILVR SHS963$26.8K<0.1%History
iShares Tr46436E866IBONDS 25 TRM TS1,145$26.6K<0.1%–
Invesco Exch TRD SLF Idx FD46138J825BULSHS 2025 CB1,063$21.7K<0.1%–
Invesco Exch TRD SLF Idx FD46138J841BULSHS 2024 CB1,007$21.2K<0.1%–
SUSuncor Energy IncStock448$17.1K<0.1%History
VanEck ETF Trust92189H748CLO ETF313$16.6K<0.1%–
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853ETF375$15.6K<0.1%–
CNQCanadian Natural Resources LtdCOM424$15.1K<0.1%History
Series Portfolios Tr81752T528ELDRIDGE BBB B548$14.8K<0.1%–
MROMarathon Oil CorpCOM480$13.8K<0.1%History
VLOValero Energy CorpStock85$13.3K<0.1%History
State Street SPDR Portfolio S&P 500 Value ETF78464A508ETF262$12.8K<0.1%–
FANGDiamondback Energy, Inc.Stock63$12.6K<0.1%History
ARAntero Resources CorpCOM377$12.3K<0.1%History
MPCMarathon Petroleum CorpStock70$12.1K<0.1%History
SPDR Index Shs FDS78463X509ST PORT MARK ETF303$11.4K<0.1%–
EOGEOG Resources IncStock81$10.2K<0.1%History
LNGCheniere Energy, Inc.COM NEW57$9.96K<0.1%History
WMBWilliams Companies, Inc.COM220$9.35K<0.1%History
J P Morgan Exchange Traded F46641Q126RLTY INCOME ETF198$8.73K<0.1%–
HALHalliburton CoStock258$8.71K<0.1%History
VanEck ETF Trust92189F411BDC INCOME ETF502$8.59K<0.1%–
VanEck ETF Trust92189F452MORTGAGE REIT758$8.48K<0.1%–
Invesco Exch Traded FD Tr II46138E610KBW HIG DV YLD553$8.32K<0.1%–
PIMCO ETF Tr72201R7830-5 HIGH YIELD89$8.25K<0.1%–
First Tr Exch Traded FD III33739E108PFD SECS INC ETF475$8.25K<0.1%–
iShares Tr46434V4070-5YR HI YL CP152$6.41K<0.1%–
Legg Mason ETF Invt52468L406FRANKLIN US LOW162$5.80K<0.1%–
Invesco Exch TRD SLF Idx FD46138J833BULSHS 2024 HY208$4.73K<0.1%–
Invesco Exch TRD SLF Idx FD46138J817BULSHS 2025 HY202$4.63K<0.1%–
iShares Tr46434V647GLOBAL REIT ETF186$4.33K<0.1%–
iShares Tr464288794US BR DEL SE ETF36$4.21K<0.1%–
State Street SPDR Bloomberg Emerging Markets Local Bond ETF78464A391ETF134$2.67K<0.1%–
TSMTaiwan Semiconductor Manufacturing Co LtdADR11$1.91K<0.1%History
SMFGSumitomo Mitsui Financial Group, Inc.SPONSORED ADR141$1.89K<0.1%History
AZNAstraZeneca PLCSPONSORED ADR23$1.79K<0.1%History
Innovator ETFs Tr45782C235INVATR 20 PLS 986$1.73K<0.1%–
RYRoyal Bank of CanadaStock16$1.70K<0.1%History
HSBCHSBC Holdings PLCSPON ADR NEW39$1.70K<0.1%History
SHELShell plcADR23$1.66K<0.1%History
RELXRELX PLCSPONSORED ADR35$1.61K<0.1%History
CCEPCoca-Cola Europacific Partners plcSHS22$1.60K<0.1%History
TTETotalEnergies SESPONSORED ADS24$1.60K<0.1%History
NVSNovartis AGADR15$1.60K<0.1%History
UBSUBS Group AGStock54$1.59K<0.1%History
NGGNational Grid PLCSPONSORED ADR NE28$1.59K<0.1%History
CMCanadian Imperial Bank of CommerceCOM33$1.57K<0.1%History
SNYSanofiSPONSORED ADR31$1.50K<0.1%History
TELTE Connectivity plcREG SHS10$1.50K<0.1%History
CRHCRH Public Ltd CoORD19$1.43K<0.1%History
OMABCentral North Airport GroupSPON ADR21$1.42K<0.1%History
iShares Tr46428743220 YR TR BD ETF15$1.38K<0.1%–
TDToronto Dominion BankStock25$1.37K<0.1%History
BMOBank of MontrealCOM16$1.34K<0.1%History
PUKPrudential PLCADR72$1.32K<0.1%History
LINLinde PLCStock3$1.32K<0.1%History