Brown Advisory Global Leaders Fund
Brown Advisory Funds · 2 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Brown Advisory Global Leaders Fund is an actively managed global equity fund.
- Asset class
- Equity
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q4
The Brown Advisory Global Leaders Fund (the Fund) seeks to achieve long-term capital appreciation by investing primarily in global equities.
The fund invests at least 80% of assets in equity securities of global companies that the sub-adviser Brown Advisory Limited identifies as industry leaders with high returns on invested capital, strong competitive positions, and defensible barriers to entry; the fund maintains at least 40% of assets outside the United States across at least three countries and incorporates sustainability considerations and risk management practices into its selection process. Because security selection depends on the sub-adviser's assessment of competitive advantage and sustainability factors, fund performance will diverge from any benchmark. The fund may temporarily hold cash and equivalents in response to adverse conditions, which could impair its ability to achieve its objective.
| Share class | Expense ratio |
|---|---|
| BAFLX | 0.76% |
| BIALX | 0.91% |
| C000154929 | 1.16% |
Portfolio turnover 22.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.40% |
| Cash & short-term | 0.82% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| International | 51.5% |
| Financials | 15.7% |
| Information Technology | 8.8% |
| Communication Services | 6.8% |
| 4 smaller | 17.3% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +8.87% | +45.81% | +40.58% | 12.50% | -10.19% | |
| +8.70% | +45.06% | +39.43% | 12.53% | -10.23% |
These classes hold the same portfolio, so the 1.15pp spread over 5 years is the cost difference between them — roughly 0.23pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| TSM | TSMCTSM | 6.78% | $477.57 | $151.09M | 316.4K |
| GOOG | Alphabet IncGOOG | 6.77% | $353.33 | $151.07M | 427.6K |
| MSFT | Microsoft CorpMSFT | 6.31% | $373.02 | $140.65M | 377.1K |
| V | Visa IncV | 5.60% | $343.09 | $124.90M | 364.0K |
| MA | Mastercard IncMA | 5.33% | $513.60 | $118.75M | 231.2K |
| — | Safran SA | 4.92% | $394.08 | $109.61M | 278.2K |
| — | ASML Holding NV | 4.63% | $1,989.44 | $103.35M | 52.0K |
| — | Deutsche Boerse AG | 4.36% | $272.75 | $97.27M | 356.6K |
| — | Experian PLC | 3.84% | $33.70 | $85.67M | 2.5M |
| — | Roche Holding AG | 3.76% | $411.09 | $83.92M | 204.1K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 52.30% of net assets, top 25 90.08%, across 32 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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