The Fund Grade · free · no account needed

What grade does BIAGX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

B

Fundprints Fund Grade · as of 2026-09-01

Brown Advisory Growth Equity Fd Investor Shs

#95 of 440 graded active funds · growth · large segment peer group

The point · specialist footprint

BIAGX puts more of its book behind proven specialists than 84% of graded funds.

Bottom 20%

Bottom 40%

Middle

Top 40%

● Top 20%

beat the S&P in 22% of quarters+3.8 pts/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8 points per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.

2,825 graded funds · 2.7 years of filings, measured as they were published · evidence, not advice

The grade scores this fund's specialist share — the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

Conviction exposure

37%

of the book in specialist-converged names

Late-stage weight

28.2%

of the book in Crowded or Fading names

Active share

80.3%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book — top names by stage · as of 2026-09-09

Early Conviction
AMZN 4.9%IOT 2.7%AJG 2.4%+1 locked
Consensus
NVDA 5%MRVL 4.6%PANW 4.6%+8 locked
Emerging
DHR 3%DKNG 1.6%
Crowded
HLT 5%GOOG 4.5%UBER 3.6%+1 locked
Fading
AVGO 5%COST 3.9%ISRG 3.8%+5 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

Brown Advisory Growth Equity ranks 95th out of 440 graded funds with a solid B grade, and specialists back 37% of the portfolio, which is meaningful early-stage conviction. The early positions in AMZN and IOT stand out, but roughly 28% of the fund sits in late-stage or fading names, including AVGO, COST, and ISRG where specialists are already leaving.

Watch the combined 14.7% weight in AVGO, COST, and ISRG closely, as specialist exits often precede broader selloffs.

The early conviction in IOT at 2.7% is where the fund is genuinely ahead of peers, worth tracking how that position grows.

Support leaving these positions

AVGO 5% of the fund · Fading

HLT 5% of the fund · Crowded

GOOG 4.5% of the fund · Crowded

COST 3.9% of the fund · Fading

ISRG 3.8% of the fund · Fading

Where it's genuinely early

AMZN 4.9% of the fund · Early Conviction

DHR 3% of the fund · Emerging

IOT 2.7% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

The evidence base updates this week.

The specialists — not the whales — are already positioned for what comes next. Stop finding out last.

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