BROWN ADVISORY SECURITIES, LLC Information

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

Report Date: 12/31/2013

Position Statistics

Total Positions 270
New Positions 23
Increased Positions 111
Decreased Positions 127
Positions with Activity 238
Sold Out Positions 16
Total Mkt Value (in $ millions) 248

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

Sector Weighting

Basic Materials 1.74%
Capital Goods 3.16%
Conglomerates
Consumer Cyclical 1.29%
Consumer/Non-Cyclical 10.1%
Energy 10.56%
Financial 25.88%
Healthcare 7.89%
Services 13.85%
Technology 19.18%
Transportation 0.83%
Utilities 4.29%

270 Positions as of 12/31/2013

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
MICROSOFT CORP COM 3,240 -775 (19.31) 80,980
MASTERCARD INC CL A 5,408 -497 (8.42) 72,950
ANNALY CAP MGMT INC COM -454 Sold Out 0
CITRIX SYS INC COM -447 Sold Out 0
ISHARES GOLD TRUST ISHARES 205 -444 (68.42) 16,302
EXXON MOBIL CORP COM 8,230 -442 (5.09) 81,956
APACHE CORP COM 503 -355 (41.36) 5,906
VANGUARD BD INDEX FD INC TOTAL BND MRKT -313 Sold Out 0
TESLA MTRS INC COM -297 Sold Out 0
CATERPILLAR INC DEL COM 1,133 -293 (20.58) 11,016
ALPS ETF TR ALERIAN MLP -287 Sold Out 0
CATAMARAN CORP COM -274 Sold Out 0
NORTHERN TIER ENERGY LP COM UN REPR PART -268 Sold Out 0
MARKET VECTORS ETF TR GOLD MINER ETF 577 -251 (30.37) 24,465
HOLLYFRONTIER CORP COM -243 Sold Out 0
ISHARES MSCI EAFE ETF 252 -235 (48.24) 3,739
SPDR SERIES TRUST S&P 600 SMCP VAL -224 Sold Out 0
TJX COS INC NEW COM -219 Sold Out 0
LABORATORY CORP AMER HLDGS COM NEW -213 Sold Out 0
INTERNATIONAL BUSINESS MACHS COM 3,761 -209 (5.26) 19,794