The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 09-30-2023
Check here if Amendment    Amendment Number:
This Amendment (Check only one.):    is a restatement.
   adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: BROWN ADVISORY INC
Address: 901 SOUTH BOND STREET
SUITE #400
BALTIMORE, MD  21231
Form 13F File Number: 028-13997
CRD Number (if applicable): 000017501
SEC File Number (if applicable): 8-38904

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Julie P. Coleman
Title: Deputy General Counsel & Chief Compliance Officer
Phone: 443-873-5209
Signature, Place, and Date of Signing:
/s/ Julie P. Coleman BaltimoreMD 10-24-2023
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
   13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
   13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 5
Form 13F Information Table Entry Total: 2,277
Form 13F Information Table Value Total: 60,922,523,410
(round to nearest dollar)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Name Form 13F File No. CRD No. (if applicable) SEC File No. (if applicable) CIK
1 BROWN INVESTMENT ADVISORY & TRUST CO 028-04859     0001079817
2 Brown Advisory LLC 028-05775 000110181 801-38826 0001114667
3 Brown Advisory Ltd 028-18857 000168985 801-80609 0001742040
4 Signature Financial Management, Inc. 028-14797 000106375 801-47290 0001542162
5 NEW YORK LIFE INVESTMENT MANAGEMENT LLC 028-06325 000109591 801-57396 0001133639