Brown Advisory Securities

Brown Advisory Securities as of Dec. 31, 2011

Portfolio Holdings for Brown Advisory Securities

Brown Advisory Securities holds 260 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Apple (AAPL) 3.9 $7.2M 18k 405.07
Procter & Gamble Company (PG) 3.5 $6.6M 99k 66.67
Exxon Mobil Corporation (XOM) 3.4 $6.4M 75k 84.70
Verizon Communications (VZ) 2.2 $4.1M 103k 40.09
MasterCard Incorporated (MA) 2.1 $4.0M 11k 372.63
International Business Machines (IBM) 2.1 $3.9M 21k 183.94
H.J. Heinz Company 2.1 $3.9M 71k 54.06
Johnson & Johnson (JNJ) 1.9 $3.6M 54k 65.64
Pepsi (PEP) 1.9 $3.5M 53k 66.48
Qualcomm (QCOM) 1.8 $3.3M 61k 54.66
Google 1.8 $3.3M 5.1k 645.08
salesforce (CRM) 1.7 $3.2M 32k 101.46
Berkshire Hathaway (BRK.B) 1.6 $3.0M 39k 76.33
Accenture (ACN) 1.4 $2.7M 51k 53.29
Microsoft Corporation (MSFT) 1.2 $2.3M 89k 25.93
Schlumberger (SLB) 1.2 $2.2M 32k 68.20
Rydex S&P Equal Weight ETF 1.1 $2.1M 46k 46.23
General Electric Company 1.1 $2.1M 117k 17.93
Danaher Corporation (DHR) 1.1 $2.1M 44k 47.07
Kayne Anderson MLP Investment (KYN) 1.1 $2.0M 66k 30.33
T. Rowe Price (TROW) 1.0 $1.9M 34k 56.86
Intel Corporation (INTC) 1.0 $1.9M 80k 24.23
McDonald's Corporation (MCD) 1.0 $1.8M 18k 100.33
Chevron Corporation (CVX) 0.9 $1.8M 17k 106.43
Total (TTE) 0.9 $1.8M 35k 51.07
Kraft Foods 0.9 $1.7M 45k 37.30
Merck & Co (MRK) 0.9 $1.7M 44k 37.74
American Tower Corporation 0.8 $1.5M 25k 60.07
Abbott Laboratories (ABT) 0.8 $1.5M 26k 56.27
Covance 0.8 $1.5M 32k 45.61
At&t (T) 0.8 $1.4M 47k 30.22
Market Vectors Gold Miners ETF 0.8 $1.4M 28k 51.29
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.8 $1.4M 13k 113.56
Sigma-Aldrich Corporation 0.8 $1.4M 23k 62.24
PowerShares DB US Dollar Index Bullish 0.7 $1.4M 61k 22.44
Oracle Corporation (ORCL) 0.7 $1.3M 50k 25.66
Enterprise Products Partners (EPD) 0.7 $1.3M 28k 46.41
Deere & Company (DE) 0.6 $1.2M 16k 77.21
Coventry Health Care 0.6 $1.2M 40k 30.37
Express Scripts 0.6 $1.2M 27k 44.52
DaVita (DVA) 0.6 $1.2M 16k 75.77
Kinder Morgan (KMI) 0.6 $1.2M 37k 32.23
Coca-Cola Company (KO) 0.6 $1.1M 16k 69.88
Emerson Electric (EMR) 0.6 $1.1M 23k 46.53
Anadarko Petroleum Corporation 0.6 $1.1M 14k 76.54
Diageo (DEO) 0.6 $1.1M 12k 87.18
Suncor Energy (SU) 0.6 $1.1M 37k 28.79
Cincinnati Bell Inc 6.75% Cum p 0.6 $1.1M 27k 38.91
Ubs Ag Jersey Brh fund 0.6 $1.1M 49k 21.59
SPDR Gold Trust (GLD) 0.6 $1.0M 6.8k 152.33
Chubb Corporation 0.5 $1.0M 15k 69.43
Allergan 0.5 $1.0M 12k 87.63
PNC Financial Services (PNC) 0.5 $996k 17k 57.62
Southwestern Energy Company (SWN) 0.5 $985k 31k 31.96
iShares Russell 1000 Growth Index (IWF) 0.5 $987k 17k 57.86
Abb (ABBNY) 0.5 $971k 52k 18.79
Clean Harbors (CLH) 0.5 $952k 15k 63.74
World Fuel Services Corporation (WKC) 0.5 $954k 23k 42.03
American Express Company (AXP) 0.5 $939k 20k 47.19
M&T Bank Corporation (MTB) 0.5 $912k 12k 76.47
Wal-Mart Stores (WMT) 0.5 $921k 15k 59.82
Occidental Petroleum Corporation (OXY) 0.5 $914k 9.8k 93.19
Stryker Corporation (SYK) 0.5 $894k 18k 49.66
Kinder Morgan Energy Partners 0.5 $891k 11k 84.79
Kinder Morgan Management 0.5 $878k 11k 78.46
Ansys (ANSS) 0.5 $856k 15k 57.25
JPMorgan Chase & Co. (JPM) 0.5 $866k 26k 33.27
Caterpillar (CAT) 0.5 $854k 9.4k 90.56
iShares Gold Trust 0.5 $866k 57k 15.26
iShares MSCI Emerging Markets Indx (EEM) 0.5 $832k 22k 37.93
Pfizer (PFE) 0.5 $835k 39k 21.64
Becton, Dickinson and (BDX) 0.4 $815k 11k 74.21
Amazon (AMZN) 0.4 $812k 4.7k 173.28
Duke Energy Corporation 0.4 $788k 36k 22.00
iShares Russell 1000 Value Index (IWD) 0.4 $770k 12k 63.44
CVS Caremark Corporation (CVS) 0.4 $745k 18k 40.70
iShares Lehman Aggregate Bond (AGG) 0.4 $748k 6.8k 110.16
Dominion Resources (D) 0.4 $735k 14k 53.24
Philip Morris International (PM) 0.4 $732k 9.3k 78.68
Johnson Controls 0.4 $669k 21k 31.38
Vanguard Extended Market ETF (VXF) 0.4 $681k 13k 51.85
Vanguard Extended Duration ETF (EDV) 0.4 $674k 5.5k 121.55
Golub Capital BDC (GBDC) 0.3 $626k 40k 15.58
3M Company (MMM) 0.3 $621k 7.6k 81.50
Wells Fargo & Company (WFC) 0.3 $608k 22k 27.78
E.I. du Pont de Nemours & Company 0.3 $608k 13k 45.72
Colgate-Palmolive Company (CL) 0.3 $610k 6.6k 91.98
Liquidity Services (LQDT) 0.3 $624k 17k 36.85
Canadian Natural Resources (CNQ) 0.3 $588k 16k 37.29
American Public Education (APEI) 0.3 $606k 14k 43.22
Genpact (G) 0.3 $594k 40k 14.91
Arthur J. Gallagher & Co. (AJG) 0.3 $577k 17k 33.45
Citrix Systems 0.3 $578k 9.6k 60.37
iShares iBoxx $ High Yid Corp Bond (HYG) 0.3 $580k 6.5k 89.38
Costco Wholesale Corporation (COST) 0.3 $551k 6.6k 83.40
Helmerich & Payne (HP) 0.3 $569k 9.7k 58.50
Verisk Analytics (VRSK) 0.3 $547k 14k 40.00
Moly 0.3 $534k 22k 24.11
iShares Dow Jones Select Dividend (DVY) 0.3 $550k 10k 53.79
Gilead Sciences (GILD) 0.3 $529k 13k 40.97
Walt Disney Company (DIS) 0.3 $513k 14k 37.70
Waste Connections 0.3 $497k 15k 33.27
Alerian Mlp Etf 0.3 $502k 30k 16.70
Edwards Lifesciences (EW) 0.3 $478k 6.8k 70.55
Spectra Energy 0.3 $482k 16k 30.64
BHP Billiton (BHP) 0.3 $485k 6.9k 70.50
Annaly Capital Management 0.2 $466k 29k 15.98
iShares Barclays TIPS Bond Fund (TIP) 0.2 $463k 4.0k 116.54
United Technologies Corporation 0.2 $456k 6.2k 73.34
iShares MSCI EAFE Index Fund (EFA) 0.2 $451k 9.1k 49.59
Robert Half International (RHI) 0.2 $451k 16k 28.45
Amgen (AMGN) 0.2 $420k 6.5k 64.24
Staples 0.2 $426k 31k 13.88
Fifth Street Finance 0.2 $425k 45k 9.55
Starwood Hotels & Resorts Worldwide 0.2 $422k 8.8k 48.01
Chesapeake Enrgy Cvt Ppd 4.50 cv p 0.2 $435k 4.7k 93.55
Altria (MO) 0.2 $415k 14k 29.78
General Mills (GIS) 0.2 $416k 10k 40.55
SBA Communications Corporation 0.2 $410k 9.5k 42.96
iShares Barclays 20+ Yr Treas.Bond (TLT) 0.2 $410k 3.4k 120.94
Barrick Gold Corp (GOLD) 0.2 $396k 8.7k 45.29
Expeditors International of Washington (EXPD) 0.2 $401k 9.8k 40.76
National-Oilwell Var 0.2 $397k 5.9k 67.84
Rockwell Collins 0.2 $397k 7.2k 55.39
EMC Corporation 0.2 $392k 18k 21.62
Clorox Company (CLX) 0.2 $392k 5.9k 66.73
Pegasystems (PEGA) 0.2 $389k 13k 29.47
Rowan Companies 0.2 $384k 13k 30.36
Scripps Networks Interactive 0.2 $387k 9.1k 42.47
Affiliated Managers (AMG) 0.2 $382k 4.0k 95.79
Pall Corporation 0.2 $377k 6.6k 57.03
NuStar GP Holdings 0.2 $382k 12k 33.22
AvalonBay Communities (AVB) 0.2 $369k 2.8k 130.67
Universal Display Corporation (OLED) 0.2 $367k 10k 36.70
Cognizant Technology Solutions (CTSH) 0.2 $348k 5.4k 64.08
Cme (CME) 0.2 $353k 1.4k 243.62
Home Depot (HD) 0.2 $355k 8.4k 42.22
Cisco Systems (CSCO) 0.2 $358k 20k 18.22
Siemens (SIEGY) 0.2 $351k 3.7k 95.93
Teva Pharmaceutical Industries (TEVA) 0.2 $337k 8.4k 40.08
Willis Group Holdings 0.2 $345k 8.9k 38.96
Yum! Brands (YUM) 0.2 $345k 5.8k 59.18
Novartis (NVS) 0.2 $331k 5.8k 57.30
ConocoPhillips (COP) 0.2 $340k 4.7k 72.85
Praxair 0.2 $344k 3.2k 107.00
Under Armour (UAA) 0.2 $329k 4.6k 71.90
Oceaneering International (OII) 0.2 $339k 7.4k 46.03
Horizon Technology Fin (HRZN) 0.2 $344k 21k 16.28
Vanguard Short Term Corporate Bond ETF (VCSH) 0.2 $328k 4.2k 77.78
BP (BP) 0.2 $321k 7.5k 42.85
Apache Corporation 0.2 $312k 3.4k 90.86
Dril-Quip (DRQ) 0.2 $326k 4.9k 66.17
McCormick & Company, Incorporated (MKC) 0.2 $319k 6.3k 50.27
Crown Castle International 0.2 $290k 6.5k 44.62
Newmont Mining Corporation (NEM) 0.2 $304k 5.1k 60.02
Unilever 0.2 $294k 8.6k 34.31
GameStop (GME) 0.2 $294k 12k 24.17
Goldman Sachs (GS) 0.1 $275k 3.0k 90.76
Devon Energy Corporation (DVN) 0.1 $283k 4.6k 62.03
Travelers Companies (TRV) 0.1 $283k 4.8k 59.45
Fluor Corporation (FLR) 0.1 $273k 5.5k 49.89
Honeywell International (HON) 0.1 $278k 5.1k 54.21
Linn Energy 0.1 $273k 7.2k 37.92
Volterra Semiconductor Corporation 0.1 $284k 11k 25.59
Rackspace Hosting 0.1 $283k 6.6k 43.04
Eaton Corporation 0.1 $260k 6.0k 43.10
Microchip Technology (MCHP) 0.1 $260k 7.1k 36.46
Teradata Corporation (TDC) 0.1 $255k 5.2k 48.64
Global Payments (GPN) 0.1 $255k 5.4k 47.50
Laboratory Corp. of America Holdings (LH) 0.1 $263k 3.1k 85.53
Hewlett-Packard Company 0.1 $266k 10k 25.93
Nextera Energy (NEE) 0.1 $260k 4.3k 60.73
Washington Real Estate Investment Trust (ELME) 0.1 $269k 9.8k 27.38
Amphenol Corporation (APH) 0.1 $262k 5.8k 45.38
National Instruments 0.1 $258k 10k 25.80
Ann 0.1 $261k 11k 24.86
Bank of New York Mellon Corporation (BK) 0.1 $234k 12k 19.97
Norfolk Southern (NSC) 0.1 $240k 3.3k 72.77
Gen-Probe Incorporated 0.1 $246k 4.2k 59.28
Kimberly-Clark Corporation (KMB) 0.1 $250k 3.4k 73.75
General Dynamics Corporation (GD) 0.1 $237k 3.6k 66.28
Chesapeake Energy Corporation 0.1 $235k 11k 22.38
Magellan Midstream Partners 0.1 $244k 3.5k 68.79
Ace Limited Cmn 0.1 $224k 3.2k 70.15
Seattle Genetics 0.1 $218k 13k 16.64
Bristol Myers Squibb (BMY) 0.1 $225k 6.4k 35.12
LKQ Corporation (LKQ) 0.1 $217k 7.2k 30.07
McGraw-Hill Companies 0.1 $215k 4.8k 45.08
Air Products & Chemicals (APD) 0.1 $218k 2.6k 85.36
Parker-Hannifin Corporation (PH) 0.1 $218k 2.9k 76.44
Masimo Corporation (MASI) 0.1 $218k 12k 18.55
Silver Wheaton Corp 0.1 $227k 7.8k 28.95
Vitamin Shoppe 0.1 $226k 5.6k 40.01
iShares S&P SmallCap 600 Index (IJR) 0.1 $226k 3.3k 68.11
RevenueShares Mid Cap Fund 0.1 $225k 8.0k 28.12
SPDR Barclays Capital High Yield B 0.1 $230k 6.0k 38.42
NetApp (NTAP) 0.1 $203k 5.6k 36.54
Uti Worldwide 0.1 $198k 15k 13.20
Texas Instruments Incorporated (TXN) 0.1 $210k 7.2k 29.13
Freeport-McMoRan Copper & Gold (FCX) 0.1 $210k 5.7k 36.95
Quanta Services (PWR) 0.1 $213k 9.9k 21.52
Plains All American Pipeline (PAA) 0.1 $203k 2.8k 73.26
Vanguard High Dividend Yield ETF (VYM) 0.1 $200k 4.4k 45.45
PowerShares DWA Technical Ldrs Pf 0.1 $214k 9.0k 23.78
Melco Crown Entertainment (MLCO) 0.1 $179k 19k 9.62
Sara Lee 0.1 $189k 10k 18.90
Middleburg Financial 0.1 $192k 14k 14.27
Weatherford International Lt reg 0.1 $183k 12k 14.73
Casella Waste Systems (CWST) 0.1 $129k 20k 6.42
Bank of America Corporation (BAC) 0.1 $119k 21k 5.67
Hanover Compressor Co note 4.750% 1/1 0.1 $92k 100k 0.92
Nuveen Muni Value Fund (NUV) 0.1 $98k 10k 9.80
E M C Corp Mass note 1.750%12/0 0.0 $74k 53k 1.40
Biomarin Pharmaceutical Inc note 1.875% 4/2 0.0 $60k 33k 1.82
St Mary Ld & Expl Co note 3.500% 4/0 0.0 $48k 34k 1.41
Danaher Corp Del debt 0.0 $48k 34k 1.41
Gilead Sciences conv 0.0 $54k 51k 1.06
Chesapeake Energy Corp note 2.750%11/1 0.0 $34k 34k 1.00
Microchip Technology Inc sdcv 2.125%12/1 0.0 $43k 32k 1.34
Mylan Inc note 1.250% 3/1 0.0 $35k 35k 1.00
On Semiconductor Corp note 2.625%12/1 0.0 $34k 32k 1.06
Peabody Energy Corp sdcv 4.750%12/1 0.0 $46k 46k 1.00
Sba Communications Corp note 1.875% 5/0 0.0 $36k 33k 1.09
Steel Dynamics Inc note 5.125% 6/1 0.0 $34k 32k 1.06
Transocean Inc note 1.500%12/1 0.0 $32k 32k 1.00
Amgen Inc note 0.375% 2/0 0.0 $35k 35k 1.00
L-3 Communications Corp debt 3.000% 8/0 0.0 $32k 32k 1.00
Molson Coors Brewing Co note 2.500% 7/3 0.0 $33k 32k 1.03
Allegheny Technologies Inc note 4.250% 6/0 0.0 $46k 32k 1.44
Wesco Intl Inc dbcv 6.000% 9/1 0.0 $36k 18k 2.00
Ingersoll-rand Global Hldg C debt 0.0 $32k 18k 1.78
GAME Technolog debt 0.0 $39k 34k 1.15
Teva Pharm Finance Llc Cvt cv bnd 0.0 $36k 36k 1.00
Omnicom Group Inc note 7/0 0.0 $37k 36k 1.03
Teleflex Inc note 3.875% 8/0 0.0 $37k 32k 1.16
Arcelormittal Sa Luxembourg note 5.000% 5/1 0.0 $18k 18k 1.00
Equinix Inc note 4.750% 6/1 0.0 $22k 16k 1.38
Nuance Communications Inc dbcv 2.750% 8/1 0.0 $24k 18k 1.33
Stanley Wks frnt 5/1 0.0 $19k 18k 1.06
Symantec Corp note 1.000% 6/1 0.0 $19k 18k 1.06
Ttm Technologies Inc note 3.250% 5/1 0.0 $18k 18k 1.00
Verisign Inc sdcv 3.250% 8/1 0.0 $20k 18k 1.11
Virgin Media Inc note 6.500%11/1 0.0 $22k 17k 1.29
Massey Energy Co note 3.250% 8/0 0.0 $18k 18k 1.00
Lucent Technologies Inc dbcv 2.875% 6/1 0.0 $20k 22k 0.91
Medtronic Inc note 1.625% 4/1 0.0 $20k 20k 1.00
Coinstar Inc note 4.000% 9/0 0.0 $25k 20k 1.25
Anixter Intl Inc note 1.000% 2/1 0.0 $21k 19k 1.11
Novogen 0.0 $11k 26k 0.43
Rainmaker Systems (VCTL) 0.0 $16k 20k 0.80
Newmont Mining Corp note 1.250% 7/1 0.0 $21k 16k 1.31
Note 3.50 0.0 $18k 18k 1.00
Salix Pharmaceuticals Inc note 2.750% 5/1 0.0 $22k 18k 1.22
Sandisk Corp note 1.500% 8/1 0.0 $20k 18k 1.11
Newpark Res Inc note 4.000%10/0 0.0 $20k 18k 1.11
Micron Technology Inc note 4.250%10/1 0.0 $17k 14k 1.21
Covanta Holding Conv conv bnd 0.0 $18k 18k 1.00
Pure Bioscience 0.0 $15k 45k 0.33
Mgm Mirage conv 0.0 $18k 18k 1.00
Applied Energetics (AERG) 0.0 $2.1k 26k 0.08