Vault-13

ADVISORS INNER CIRCLE FD III BASG

BROWN ADVISORY · ETP · CUSIP 00775Y272

15 institutional holders +0 vs Q1 2026
17,982,53018.0m shares reported held*
$479.0mreported value*
2 new 7 added 3 reduced 2 sold out net sold ≈ $8.6m (-322.3k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $26.64.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

051015Q2 25: 2Q3 25: 4Q4 25: 13Q1 26: 15Q2 26: 1515Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q2 20252
Q3 20254
Q4 202513
Q1 202615
Q2 202615

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
10010Q3 25: 4 bought or addedQ3 25: 0 cut or sold outQ3 25Q4 25: 10 bought or addedQ4 25: 4 cut or sold outQ4 25Q1 26: 10 bought or addedQ1 26: 6 cut or sold outQ1 26Q2 26: 9 bought or addedQ2 26: 5 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202540
Q4 2025104
Q1 2026106
Q2 202695

Biggest buyers

Quantinno Capital Management LP Added +183,391+183.4k
Allegheny Financial Group Added +64,669+64.7k
North Berkeley Wealth Management, LLC Added +47,778+47.8k
COMMONWEALTH EQUITY SERVICES, LLC Added +46,888+46.9k
Modern Wealth Management, LLC Added +29,219+29.2k
Armstrong, Fleming & Moore, Inc New +17,676+17.7k
BALDWIN WEALTH PARTNERS LLC/MA Added +6,841+6.8k
MORGAN STANLEY Added +1,711+1.7k
UBS Group AG New +163+163

Biggest sellers

BROWN ADVISORY INC Reduced -701,026-701.0k
Frontier Asset Management, LLC Sold out -11,990-12.0k
JPMORGAN CHASE & CO Sold out -6,500-6.5k
TRED AVON FAMILY WEALTH, LLC Reduced -775-775
ROMAN BUTLER FULLERTON & CO Reduced -391-391

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
BROWN ADVISORY INC 13G · institution -8.1 pts · filed 2025-09-09 91.9% -8.1 pts 19.0m≈ $507.1m 2025-09-09

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BROWN ADVISORY INC 0.67% of their portfolio BALTIMORE, MD 16,344,43216.3m $435.4m $435.4m 0.67% Reduced -701.0k -701,026
2 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 499,311499.3k $13.3m $13.3m 0.02% Added +183.4k +183,391
3 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 301,641301.6k $8.0m $8.0m 0.01% Added +46.9k +46,888
4 North Berkeley Wealth Management, LLC 2.26% of their portfolio Berkeley, CA 210,283210.3k $5.6m $5.6m 2.26% Added +47.8k +47,778
5 BALDWIN WEALTH PARTNERS LLC/MA 0.36% of their portfolio Marion, MA 205,799205.8k $5.5m $5.5m 0.36% Added +6.8k +6,841
6 Allegheny Financial Group 0.54% of their portfolio Pittsburgh, PA 191,987192.0k $5.1m $5.1m 0.54% Added +64.7k +64,669
7 Modern Wealth Management, LLC 0.02% of their portfolio KANSAS CITY, MO 75,90375.9k $2.0m $2.0m 0.02% Added +29.2k +29,219
8 TRED AVON FAMILY WEALTH, LLC 0.49% of their portfolio EASTON, MD 60,05860.1k $1.6m $1.6m 0.49% Reduced -775 -775
9 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 41,93541.9k $1.1m $1.1m 0.02% Unchanged
10 Armstrong, Fleming & Moore, Inc 0.16% of their portfolio WASHINGTON, DC 17,67617.7k $470.9k $470.9k 0.16% New
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 15,89515.9k $423.4k $423.4k 0.00% Unchanged
12 ROMAN BUTLER FULLERTON & CO 0.06% of their portfolio ST LOUIS, MO 9,7359.7k $263.8k $263.8k 0.06% Reduced -391 -391
13 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 6,4196.4k $171.0k $171.0k 0.00% Added +1.7k +1,711
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,2931.3k $34.0k $34.0k 0.00% Unchanged
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 163163 $4.3k $4.3k 0.00% New