BROWN ADVISORY SECURITIES, LLC Information

901 SOUTH BOND STREET, SUITE 400, BALTIMORE, Maryland, 21231-3340, (410) 537-5502

Report Date: 06/30/2014

Position Statistics

Total Positions 293
New Positions 33
Increased Positions 165
Decreased Positions 84
Positions with Activity 249
Sold Out Positions 11
Total Mkt Value (in $ millions) 282

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 1.86%
Capital Goods 3.06%
Conglomerates
Consumer Cyclical 1.83%
Consumer/Non-Cyclical 9.97%
Energy 10.43%
Financial 24.89%
Healthcare 8.08%
Services 14.53%
Technology 18.84%
Transportation 0.97%
Utilities 4.31%

293 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
LAZARD LTD SHS A 372 372 New 6,895
WYNN RESORTS LTD COM 364 38 11.55 1,816
WABTEC CORP COM 363 New 4,312
CIGNA CORPORATION COM 356 1 .19 3,790
EXELON CORP COM 353 67 23.40 10,939
PLUM CREEK TIMBER CO INC COM 349 -103 (22.79) 8,468
UNITEDHEALTH GROUP INC COM 349 11 3.22 4,166
SEAGATE TECHNOLOGY PLC SHS 344 33 10.44 5,700
ROBERT HALF INTL INC COM 340 New 6,819
SPDR SERIES TRUST BRC HGH YLD BD 339 New 8,200
VANGUARD INDEX FDS REIT ETF 338 88 35.23 4,372
OAKTREE CAP GROUP LLC UNIT CL A 333 50 17.54 6,700
ISHARES TR 20+ YR TR BD ETF 332 New 2,850
ISHARES TR CORE S&P SCP ETF 326 -4 (1.1) 2,972
ROYAL DUTCH SHELL PLC SPONS ADR A 321 -2 (0.62) 4,028
VANGUARD SPECIALIZED PORTFOLIO DIV APP ETF 321 .07 4,123
TWENTY FIRST CENTY FOX INC CL A 320 51 18.83 8,944
SELECT SECTOR SPDR TR SBI INT-FINL 318 .02 13,726
LILLY ELI & CO COM 314 62 24.58 5,069
AFFILIATED MANAGERS GROUP COM 314 -7 (2.19) 1,563