2016-08-24T11:01:31-05:00 2015-12-31 475153865 ROSEN SAPPERSTEIN & FRIEDLANDER LLC 300 RED BROOK BOULEVARD SUITE 200 OWINGS MILLS MD 21117 990PF 2015-01-01 256821173 ADAMS JESSE AND HERTHA CHARITABLE TR ADAM 4105375562 901 SOUTH BOND STREET BALTIMORE MD 21231 BROWN INVESTMENT ADVISORY TRUST TRUSTEE 4105375562 2016-08-23 true DAVID S ROSEN ESQ CPA P01071493 4105810800 2016-08-23 2015 2016-12-15 16:53:06Z X 17521836 314205 296659 29225 6928642 29225 0 52740 52740 396170 378624 21846 21846 0 0 0 0 0 0 102520 97980 0 1056 1056 0 1578 1578 0 0 0 0 0 0 0 10427 7558 137427 130018 0 0 938350 938350 1075777 130018 0 938350 -679607 248606 0 1049554 285426 285426 0 0 0 1094020 908171 908985 7850234 8021469 13760503 1310615 1577362 1560697 716344 532543 1006225 12020767 11324971 17521836 0 X 12020767 11324971 12020767 11324971 12020767 11324971 12020767 -679607 68350 11409510 84539 11324971 2000. ANSYS INC 2012-05-11 2015-01-06 161687 124805 36882 36882 1233. C D K GLOBAL INC -W/I 2005-11-08 2015-01-06 48998 16493 32505 32505 25000. CAMDEN PROPERTY 3.500% 9/15/24 2014-09-04 2015-01-08 25214 24851 363 363 25000. U S TREASURY NOTE 2014-11-03 2015-01-14 27047 25880 1167 1167 2800. COLFAX CORP 2013-08-12 2015-01-16 124601 147952 -23351 -23351 2000. JPMORGAN CHASE 0.8631% 1/28/19 2014-03-07 2015-01-16 1993 2002 -9 -9 2000. JPMORGAN CHASE 0.8631% 1/28/19 2014-03-07 2015-01-20 1993 2002 -9 -9 6000. JPMORGAN CHASE 0.8631% 1/28/19 2014-03-07 2015-01-21 5959 6005 -46 -46 10000. JPMORGAN CHASE 0.8631% 1/28/19 2014-03-07 2015-01-21 9948 10009 -61 -61 25000. MORGAN STANLEY MTN 1.0871% 1/24/19 2014-08-15 2015-01-22 24872 25240 -368 -368 8300.781 BROWN ADVISORY MORT SEC INS 2014-05-16 2015-01-29 85000 84419 581 581 2500. QUALCOMM CORP. 2012-04-26 2015-01-30 158089 159450 -1361 -1361 20000. CITIGROUP INC 1.97563% 5/15/18 2013-11-22 2015-02-05 20653 20638 15 15 50000. F N M A 2.625% 9/06/24 2014-09-15 2015-02-06 51790 49033 2757 2757 50000. U S TREASURY NOTE 2014-08-11 2015-02-06 53525 51362 2163 2163 95000. U S TREASURY NOTE 2015-02-17 2015-03-02 100500 99019 1481 1481 . PROCEEDS OF LITIGATION FROM FNMA 2015-03-02 362 362 362 2000. MCDONALDS CORP. 2010-11-12 2015-03-03 199716 157121 42595 42595 150000. U S TREASURY NT 0.250% 7/15/15 2014-04-16 2015-03-03 150105 150058 47 47 25000. VERIZON COMMUNICATION 3.65% 9/14/18 2013-11-01 2015-03-03 26450 26181 269 269 35000. ROYAL BK CAN MTN 0.7641% 3/15/19 2015-02-03 2015-03-11 35196 35120 76 76 5000. COCA COLA CO. 2012-10-24 2015-03-16 200446 149570 50876 50876 500. PRAXAIR INC. 2013-01-15 2015-03-16 61942 56957 4985 4985 4000. WEATHERFORD BERMUDA 4.500% 4/15/22 2014-10-06 2015-03-16 3689 4183 -494 -494 2000. WEATHERFORD BERMUDA 4.500% 4/15/22 2014-10-06 2015-03-16 1842 2091 -249 -249 2500. STRATASYS LTD 2015-01-08 2015-03-16 143130 198931 -55801 -55801 98800.15905 U S TREASURY I P S 0.250% 1/15/25 2015-03-02 2015-03-17 96963 98823 -1860 -1860 29726.94095 U S TREASURY I P S 0.250% 1/15/25 2015-03-02 2015-03-17 29174 29734 -560 -560 19000. WEATHERFORD BERMUDA 4.500% 4/15/22 2014-10-06 2015-03-18 17290 19866 -2576 -2576 120000. U S TREASURY BILL 3/19/15 2014-12-29 2015-03-19 119999 119999 15000. MORGAN STANLEY MTN 4.350% 9/08/26 2014-11-26 2015-03-20 15661 15179 482 482 30000. U S TREASURY NOTE 2015-03-17 2015-03-30 32059 31814 245 245 15000. U S TREASURY NOTE 2014-09-25 2015-03-30 15033 15231 -198 -198 100000. U S TREASURY NOTE 2015-03-17 2015-04-07 107320 106030 1290 1290 25000. JPMORGAN CHASE CO 1.2121% 1/23/20 2015-01-21 2015-04-17 25359 25056 303 303 .098 GOOGLE INC 2013-04-08 2015-05-07 52 38 14 14 6000. REALTY INCOME CORP 4.125% 10/15/26 2014-09-29 2015-05-08 6223 6025 198 198 650. BORG WARNER AUTOMOTIVE INC 2013-04-10 2015-06-10 39614 24056 15558 15558 250. E I DU PONT DE NEMOURS & CO. 2012-10-24 2015-06-10 17467 11230 6237 6237 350. EXPRESS SCRIPTS HLDG CO 2012-07-31 2015-06-10 30768 20121 10647 10647 3500. HOMEAWAY INC 2014-05-07 2015-06-10 106934 106372 562 562 300. HOMEAWAY INC 2014-11-05 2015-06-10 9166 8689 477 477 850. VANGUARD INTL EQUITY INDEX FD 2015-03-03 2015-06-10 42761 42086 675 675 20000. KINDER MORGAN EN 5.300% 9/15/20 2014-09-10 2015-06-11 21777 21849 -72 -72 2000. REALTY INCOME CORP 4.125% 10/15/26 2014-09-29 2015-06-15 2023 2008 15 15 750. BORG WARNER AUTOMOTIVE INC 2013-04-10 2015-06-17 45097 27757 17340 17340 6700. HOMEAWAY INC 2014-11-05 2015-06-17 210040 194050 15990 15990 370000. U S TREASURY NT 0.250% 7/15/15 2014-04-16 2015-06-17 370058 370006 52 52 19000. REALTY INCOME CORP 4.125% 10/15/26 2014-09-29 2015-06-19 19173 19059 114 114 5000. FIRST AMERICAN 4.600% 11/15/24 2014-12-15 2015-06-26 4991 5091 -100 -100 25000. KINDER MORGAN ENER PAR 3.5% 3/01/21 2015-06-11 2015-07-08 24687 24739 -52 -52 4000. OCEANEERING INTERNATIONAL INC 2014-08-18 2015-07-15 172736 271504 -98768 -98768 1150. CHEMOURS COMPANY 2012-10-24 2015-07-17 14915 12308 2607 2607 20000. CELGENE CORP 2.300% 8/15/18 2014-03-12 2015-07-24 20068 20116 -48 -48 40000. WELLS FARGO & CO 2015-03-03 2015-07-24 40137 40127 10 10 5000.00064 NEW SENIOR INVESTMENTS GROUP 2015-02-24 2015-07-27 63497 87485 -23988 -23988 635.99936 NEW SENIOR INVESTMENTS GROUP 2015-02-24 2015-07-27 8077 11130 -3053 -3053 4364. NEW SENIOR INVESTMENTS GROUP 2015-02-20 2015-07-28 55268 75262 -19994 -19994 25000. FIFTH THIRD BANCORP 2.875% 7/27/20 2015-07-23 2015-07-29 25038 24995 43 43 5000. REDWOOD TR INC 2014-10-02 2015-08-06 73221 82419 -9198 -9198 15000. NEW YORK ST 5.000% 2/15/30 2015-01-14 2015-08-31 17236 17828 -592 -592 25000. NEW YORK ST 5.000% 1/01/27 2014-12-12 2015-08-31 29374 29691 -317 -317 165000. UNITED STATES TREAS 0.375% 2/15/16 2015-06-19 2015-08-31 165090 165104 -14 -14 2000. JB HUNT TRANSPRT 3.300% 8/15/22 2015-08-03 2015-09-01 1995 1995 8720.93 BROWN ADVISORY EMG MKTS-INS 2015-03-16 2015-09-02 75349 84331 -8982 -8982 5000. MONDELEZ INTERNATIONAL INC 2010-11-12 2015-09-09 213646 99247 114399 114399 750. THERMO ELECTRON CORP 2014-11-19 2015-09-09 92261 93642 -1381 -1381 6790.962 BROWN ADVISORY EMG MKTS-INS 2015-03-16 2015-09-14 58606 65669 -7063 -7063 1500. VANGUARD INTL EQUITY INDEX FD 2015-03-03 2015-09-14 65805 74270 -8465 -8465 100759. U S TREASURY I P S 0.250% 1/15/25 2015-03-23 2015-09-24 96792 104339 -7547 -7547 7000. VANGUARD INTL EQUITY INDEX FD 2015-03-03 2015-09-24 297635 346595 -48960 -48960 1000. ALEXION PHARMACEUTICALS INC 2015-03-03 2015-10-02 165113 184040 -18927 -18927 2600. BORG WARNER AUTOMOTIVE INC 2013-04-10 2015-10-02 109308 96225 13083 13083 2875. HEICO CORP NEW 2013-04-04 2015-10-02 139345 96669 42676 42676 500. INTERNATIONAL BUSINESS MACHINES CORP. 2003-12-22 2015-10-02 72160 46550 25610 25610 10000. MET TRANSPRTN NY 5.000% 11/15/30 2015-01-14 2015-10-09 11505 11904 -399 -399 380000. U S TREASURY NOTE 2015-09-11 2015-10-13 380238 380221 17 17 10000. MARYLAND ST HLTH HGR 3.991% 7/01/28 2013-03-08 2015-10-14 9938 10000 -62 -62 25000. SUNOCO LOGISTICS PARTNER 2014-11-13 2015-10-15 22786 25470 -2684 -2684 10000. MARYLAND ST HLTH HGR 3.991% 7/01/28 2013-03-08 2015-10-19 10000 10000 35000. MARYLAND ST HLTH HGR 3.991% 7/01/28 2013-03-08 2015-10-27 34913 35000 -87 -87 20000. DALLAS FORT WORTH TX 2.434% 11/01/15 2014-06-30 2015-11-01 20000 20000 65000. MICHIGAN ST REF 2.552% 11/01/15 2014-07-01 2015-11-01 65000 65000 50000. U S TREASURY NT 2.000% 2/15/25 2015-09-24 2015-11-02 49295 49580 -285 -285 45000. INDIANA ST FIN AUTH 5.000% 12/01/32 2015-04-02 2015-11-03 51316 51592 -276 -276 25000. MORGAN STANLEY 0.00001% 1/27/20 2015-01-23 2015-11-06 25094 25080 14 14 35000. VERIZON COMMUNICAT 2.00185% 9/14/18 2015-02-10 2015-11-06 35965 36246 -281 -281 6000. MARATHON OIL CORP 2004-12-15 2015-11-20 104523 66426 38097 38097 25000. MORGAN STANLEY 3.950% 4/23/27 2015-04-29 2015-11-20 24462 24505 -43 -43 20000. NEW YORK CITY NY 5.000% 8/01/32 2014-11-28 2015-12-02 23530 23028 502 502 20000. NEW YORK CITY NY 5.000% 6/15/36 2014-11-28 2015-12-03 23020 22715 305 305 25000. PENNSYLVANIA ST 5.000% 12/01/34 2015-01-28 2015-12-03 28419 29126 -707 -707 7500. CARLYLE GROUP/THE 2015-08-26 2015-12-07 127597 156240 -28643 -28643 15000. NEW SENIOR INVESTMENTS GROUP 2015-06-24 2015-12-08 134549 224873 -90324 -90324 5000. FMC TECHNOLOGIES INC 2015-10-02 2015-12-14 145029 152040 -7011 -7011 130000. FEDERAL NATL MTG ASSN 2015-10-20 2015-12-21 130000 130000 600. CHIPOTLE MEXICAN GRILL INC 2013-07-03 2015-12-22 300032 230562 69470 69470 7500. ENERGY TRANSFER EQUITY L P 2015-08-25 2015-12-22 93298 200296 -106998 -106998 CAPITAL GAIN DIVIDENDS P 31485 29225 false 921573 18257331 0.050477 818987 17215195 0.047573 785480 16173947 0.048565 806240 15957780 0.050523 788679 15532504 0.050776 0.247914 0.049583 18107824 897840 2486 900326 938350 X 2486 0 2486 0 2486 5912 0 5912 0 3426 3426 0 false false false false false false false true true MD true false false false false true BROWN ADVISORY 4105375562 901 S BOND STREET SUITE 400 BALTIMORE MD 21231 false false false true true false false false false false false false false false false false false false false false false false BROWN ADVISORY 901 SOUTH BOND STREET SUITE 400 BALTIMORE MD 21231 TRUSTEE 1 0 CAROL S BRUDIN 6571 MINK HOLLOW ROAD HIGHLAND MD 20777 TRUSTEE 1 21846 NONE 0 BROWN ADVISORY 901 SOUTH BOND STREET SUITE 400 BALTIMORE MD 21231 INVESTMENT ADVISORY 102520 0 17886772 496806 0 18383578 0 0 18383578 275754 18107824 905391 905391 2486 2486 902905 0 902905 0 902905 938350 0 0 0 0 938350 2486 935864 902905 0 2013 0 20047 15189 0 0 13386 48622 938350 0 0 0 902905 35445 0 0 84067 0 0 0 0 0 0 20047 64020 15189 0 0 13386 35445 X SEEING EYE INC ATTN ROBERT PUDLAK P O BOX 375 MORRISTOWN NJ 07963 NONE PUBLIC CHARITY CHARITABLE 93835 CHRIST LUTHERAN CHURCH 701 SOUTH CHARLES ST BALTIMORE MD 21230 NONE PUBLIC CHARITY GENERAL 187670 THE SCOTTISH RITE FOUNDATION 3800 N CHARLES ST BALTIMORE MD 21218 NONE PUBLIC CHARITY CHILDHOOD LANGUAGE 93835 SHRINERS HOSPITAL FOR CHILDREN P O BOX 31356 TAMPA FL 33631 NONE PUBLIC CHARITY MEDICAL 187670 THE PROVIDENCE CENTER 930 POINT PLEASANT RD GLEN BURNIE MD 21060 NONE PUBLIC CHARITY CHARITABLE 93835 JOHNS HOPKINS CHILDREN CENTER 3910 KESWICK RD BALTIMORE MD 21211 NONE PUBLIC CHARITY MEDICAL 140752 NATIONAL FEDRTN FOR THE BLIND 1800 JOHNSON ST BALTIMORE MD 21230 NONE PUBLIC CHARITY MEDICAL 93835 BELLO MACHRE ATTN DR ROBERT IRELAND 7765 FREETOWN RD GLEN BURNIE MD 21060 NONE PUBLIC CHARITY CHARITABLE 46918 938350 14 314205 18 29225 PASSTHRU INT & DIV 14 47392 PASSTHRU ST CAP GN 18 -92 PASSTHRU LT CAP GN 18 7603 PASSTHRU OTHER INC 41 -2163 396170 396170 false false false false false false false false false false CORPORATE BONDS 610234 600492 FIXED INCOME MUTUAL FUNDS 901217 895179 FOREIGN BONDS 65911 65026 COMMON STOCKS - DOMESTIC 6338240 11830569 EQUITY MUTUAL FUNDS 750030 740512 FOREIGN STOCKS 643485 900507 PREFERRED STOCKS 289714 288915 908171 908985 PASSTHROUGH ENTITIES AT COST 526451 1003025 WATER FACILITY CHARGES AT COST 6092 3200 OTHER BOOK VALUE ADJUSTMENTS 84539 DEDUCTS FROM PASSTHRU ENTITIES 4025 3972 0 BOND PREMIUM AMORTIZATION 6402 3586 0 INT AND DIV FROM PASSTHROUGH ENTITIES 47392 47392 ST CAPTL LOSS FROM PASSTHROUGH ENTITIES -92 -92 LT CAPTL GAINS FROM PASSTHROUGH ENTITIES 7603 7603 OTHER INCOME FROM PASSTHROUGH ENTITIES -2163 -2163 BASIS ADJUSTMENT FROM SALE OF PTP 7240 ADJ BOOK VALUE ON PASSTHROUGH ENTITIES 61110 INVESTMENT FEES 102520 97980 FRN TAX FROM PASSTHU ENTITIES 1578 1578 0