Brown Advisory

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 202675 names$6.3B−$2.1B
• Q1 202674 names$8.0B−$2.7B
• Q4 202581 names$13.1B+$328M
• Q3 202579 names$16.3B−$429M
• Q2 202575 names$17.1B−$320M
• Q1 202581 names$14.1B−$461M
• Q4 202481 names$16.4B−$325M
• Q3 202470 names$16.6B−$464M
• Q2 202472 names$16.9B+$1.4B
• Q1 202477 names$15.5B−$1.0B
• Q4 202376 names$15.8B+$444M
• Q3 202372 names$12.9B−$481M
• Q2 202376 names$13.4B−$73.5M
• Q1 202373 names$12.0B+$269M
• Q4 202269 names$10.1B+$243M
• Q3 202269 names$9.5B−$643M
• Q2 202273 names$12.0B+$2.8B
• Q1 202271 names$14.4B+$39.7M
• Q4 202168 names$16.8B+$1.7B
• Q3 202163 names$14.1B+$608M
• Q2 202164 names$12.9B+$455M
• Q1 202158 names$10.9B+$815M
• Q4 202062 names$10.3B+$868M
• Q3 202055 names$8.1B+$723M
• Q2 202051 names$6.8B+$263M
• Q1 202044 names$4.9B+$35.9M
• Q4 201949 names · $1K in calls, not in the total$5.3B+$72.4M
• Q3 201947 names$4.7B+$230M
• Q2 201945 names$4.6B−$143M
• Q1 201960 names$4.4B+$22.9M
• Q4 201859 names$3.6B+$294M
• Q3 201855 names$3.9B−$61.9M
• Q2 201857 names$3.5B+$810M
• Q1 201847 names$2.4B−$786M
• Q4 201749 names$2.9B−$84.4M
• Q3 201749 names$2.7B−$240M
• Q2 201749 names$2.8B+$1.3M
• Q1 201748 names$2.6B−$70.4M
• Q4 201643 names$2.4B+$77.9M
• Q3 201640 names$2.3B+$323M
• Q2 201639 names$1.9B—

What moved the book

The five software lines with the largest share change this quarter.

• MicrosoftMSFT+$374M$824M
• AdobeADBE−$58.9M$398M
• Alarm.com Holdings, Inc.ALRM−$33.7M$8.7M
• IntuitINTU−$29.6M$509M
• AutodeskADSK+$28.5M$357M

Software held

• MicrosoftMSFT8,113,141 shares · 22.9% of their software · price −$104M$824M+$374M
• IntuitINTU2,583,380 shares · 14.1% of their software · price −$78.9M$509M−$29.6M
• SalesforceCRM3,601,504 shares · 13.7% of their software · price −$79.4M$493M−$15.9M
• Roper Technologies, Inc.ROP1,565,853 shares · 11.6% of their software · price −$46.5M$417M−$7.5M
• AdobeADBE1,759,251 shares · 11.1% of their software · price −$76.9M$398M−$58.9M
• AutodeskADSK2,773,645 shares · 9.9% of their software · price −$76.3M$357M+$28.5M
• VeriskVRSK579,064 shares · 1.8% of their software · price −$6.7M$63.1M+$7.5M
• Automatic Data Processing, Inc.ADP377,022 shares · 1.4% of their software · price −$7.4M$49.4M−$3.0M
• BlackLineBL1,165,308 shares · 1.3% of their software · price −$18.1M$47.7M+$9.4M
• GuidewireGWRE581,358 shares · 1.3% of their software · price −$12.1M$46.6M−$612K
• Fair IsaacFICO214,696 shares · 1.1% of their software · price −$8.9M$40.2M−$25.0M
• WorkivaWK1,116,916 shares · 1.1% of their software · price −$4.0M$40.1M+$22.0M
• Tyler TechnologiesTYL215,426 shares · 1.1% of their software · price −$12.8M$40.0M+$3.8M
• WEX Inc.WEX283,724 shares · 1.1% of their software · price −$17.2M$39.7M+$7.4M
• PaylocityPCTY547,968 shares · 0.9% of their software · price −$11.0M$33.0MFlat
• BlackbaudBLKB470,495 shares · 0.8% of their software · price −$18.2M$29.6M+$1.5M
• OracleORCL621,480 shares · 0.8% of their software · price −$4.0M$28.1M+$2.0M
• BroadridgeBR270,266 shares · 0.7% of their software · price −$9.6M$26.0M+$1.5M
• WorkdayWDAY91,303 shares · 0.4% of their software · price +$1.3M$14.6M−$2.7M
• AppFolioAPPF176,802 shares · 0.3% of their software · price −$3.4M$10.5MNew · +$13.9M
• Palo Alto NetworksPANW53,545 shares · 0.3% of their software · price −$2.0M$10.1M−$670K
• Alarm.com Holdings, Inc.ALRM166,813 shares · 0.2% of their software · price −$922K$8.7M−$33.7M
• Amdocs LimitedDOX114,167 shares · 0.2% of their software · price −$845K$6.7MFlat
• CoStarCSGP16,571 shares · 0.2% of their software · price −$1.4M$5.6M−$628K
• TrimbleTRMB152,436 shares · 0.1% of their software · price −$1.6M$5.0M−$640K
• OktaOKTA64,967 shares · 0.1% of their software$4.1MFlat
• GoDaddyGDDY55,158 shares · 0.1% of their software · price −$980K$3.6M+$743K
• ServiceNowNOW19,365 shares · 0.1% of their software$3.4M+$2.7M
• FactSetFDS17,185 shares · 0.1% of their software$3.4M−$592K
• VeevaVEEV37,609 shares · 0.1% of their software · price −$735K$3.4M−$1.9M
• NetApp, Inc.NTAP53,410 shares · 0.1% of their software · price −$1.4M$3.2MFlat
• ACI WorldwideACIW106,580 shares · 0.1% of their software$2.9M+$620K
• Paychex, Inc.PAYX41,452 shares · 0.1% of their software$2.7MFlat
• InterDigital, Inc.IDCC36,655 shares · 0.1% of their software$2.4MFlat
• PaycomPAYC19,364 shares · 0.1% of their software · price −$638K$2.4M+$874K
• MorningstarMORN19,103 shares · 0.1% of their software$2.1M−$887K
• DocuSignDOCU48,920 shares · 0.1% of their software · price −$611K$2.0MFlat
• Check PointCHKP17,562 shares · 0.1% of their software$1.8MFlat
• HubSpotHUBS12,445 shares · 0.0% of their software$1.6MFlat
• FortinetFTNT20,630 shares · 0.0% of their software$1.5MFlat
• QualysQLYS18,718 shares · 0.0% of their software$1.4MFlat
• VeriSign, Inc.VRSN9,323 shares · 0.0% of their software$1.4MFlat
• ProgressPRGS38,628 shares · 0.0% of their software$1.4MFlat
• Five9FIVN19,392 shares · 0.0% of their software$847KFlat
• Fiserv, Inc.FISV10,121 shares · 0.0% of their software$743KFlat
• LiveRamp Holdings, Inc.RAMP18,500 shares · 0.0% of their software$715KNew · +$914K
• ShopifySHOP4,927 shares · 0.0% of their software$682KFlat
• PTCPTC6,166 shares · 0.0% of their software$511KFlat
• F5, Inc.FFIV3,004 shares · 0.0% of their software$486KFlat
• The Trade DeskTTD4,049 shares · 0.0% of their software$470KNew · +$611K
• Bandwidth Inc.BAND11,268 shares · 0.0% of their software$460KNew · +$604K
• PagSeguro Digital Ltd.PAGS21,263 shares · 0.0% of their software$398K−$1.0M
• TeradataTDC9,432 shares · 0.0% of their software$362KFlat
• BoxBOX20,421 shares · 0.0% of their software$345K−$1.5M
• SynopsysSNPS3,691 shares · 0.0% of their software$311KFlat
• MongoDBMDB3,600 shares · 0.0% of their software$301KNew · Flat
• SAPSAP2,554 shares · 0.0% of their software$255KFlat
• AkamaiAKAM3,415 shares · 0.0% of their software$209KFlat
• ZscalerZS5,294 shares · 0.0% of their software$207KFlat