BROWN, LISLE/CUMMINGS, INC.

Registered adviser

CIK

14745

Location

PROVIDENCE, RI

Portfolio Value

Small $437,975,773

Diversification

Diversified

Filing Date

Global Rank

#4,143 / 8,821 ▼ 70 · as of Jun 2026

Top Industry

Drug Manufacturers - General 9.9%

Period ended 33 days ago

Filed Oct 16, 2026 · 17d

20 quarters · since Dec 2021

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 1331

Roster of Oct 1, 2026

Regulatory AUM

$487,318,974

Main clients

Individuals and high net worth (98% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$487,318,974	Individuals and high net worth (98%)
Mar 2025 to Mar 2026	$414,675,665	Individuals and high net worth (98%)
Mar 2024 to Feb 2025	$342,774,504	Individuals and high net worth (99%)
May 2023 to Feb 2024	$238,757,774	Individuals and high net worth (100%)
Apr 2023	$238,757,774	Individuals and high net worth (100%)
Apr 2022 to Mar 2023	$263,932,400	Individuals and high net worth (99%)

1 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 30.5%, 62.7 effective positions, active share 51.8% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

7.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 17.6 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 51.8%; sector active share 18.7% against the combined 13F book's sector weights.

Over time 19 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

1,055 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

6.5%

−0.1 pts

Top 5

21.4%

+1.2 pts

Top 10

32.7%

+2.3 pts

HHI

171

Diversified+12

Portfolio Trend

20 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	17.2%	$75,432,506	262
Technology	17.2%	$75,192,847	130
Financial Services	13.9%	$60,927,625	144
Healthcare	13.3%	$58,096,357	88
Industrials	12.4%	$54,489,754	124
Communication Services	9.9%	$43,515,097	32
Consumer Cyclical	5.5%	$24,166,801	84
Consumer Defensive	4.1%	$17,842,333	47
Energy	2.5%	$10,960,656	38
Basic Materials	2.0%	$8,832,200	41
Real Estate	1.4%	$5,914,472	35
Utilities	0.6%	$2,605,125	30

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ARCC	Ares Capital Corp	+36,986	302,619	$5,780,022
—		+21,030	104,961	$0
SCHD	Schwab U.S. Dividend Equity ETF	+11,983	26,538	$863,281
OLN	OLIN Corp	+7,490	20,597	$319,253
NKE	NIKE, Inc.	+5,828	26,717	$945,781
VEU	Vanguard International Equity Index Funds	+4,836	29,192	$2,422,060
CPB	CAMPBELL'S Co	+4,274	39,969	$792,585
SPYI	NEOS S&P 500(R) High Income ETF	+4,055	50,510	$2,685,616
T	At&T Inc.	+3,446	56,406	$1,376,306
RSPA		+3,275	11,144	$574,473
EFAA		+3,224	41,984	$2,307,020
SPCX	Space Exploration Technologies Corp	+3,040	9,710	$1,464,850
WPC	W. P. Carey Inc.	+2,798	64,605	$4,175,421
VICI	Vici Properties Inc.	+2,750	7,550	$173,423
ENB	Enbridge Inc	+2,465	21,277	$989,167
DOW	Dow Inc.	+2,299	10,813	$297,790
NRK	Nuveen New York Amt-Free Quality Municipal Income Fund	+2,100	7,136	$65,936
SPHY	State Street(R) SPDR(R) Portfolio High Yield Bond ETF	+1,950	4,015	$90,698
KIM	Kimco Realty Corp	+1,850	6,200	$137,702
KHC	Kraft Heinz Co	+1,570	29,734	$675,556
FTBD	Fidelity Tactical Bond ETF	+1,334	4,324	$202,181
SPAB	State Street(R) SPDR(R) Portfolio Aggregate Bond ETF	+1,271	15,255	$371,611
GGN	GAMCO Global Gold, Natural Resources & Income Trust	+1,141	23,271	$122,870
VHT	VANGUARD HEALTH CARE INDEX FUND	+1,080	8,105	$2,561,828
BRK-B	Berkshire Hathaway Inc	+975	13,167	$6,556,507
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
ACN	Accenture plc	−4,175	16,884	$3,096,019
BSX	Boston Scientific Corp	−3,513	74,265	$3,241,667
PFE	Pfizer Inc	−3,447	71,290	$2,033,190
WASH	Washington Trust Bancorp Inc	−2,453	50,312	$1,911,352
CFG	Citizens Financial Group Inc	−2,350	23,575	$1,503,142
CHD	Church & Dwight Co Inc	−2,151	3,774	$355,586
WMT	Walmart Inc.	−1,825	4,403	$457,559
CVS	CVS HEALTH Corp	−1,673	13,185	$1,129,822
CSX	Csx Corp	−1,650	36,728	$1,708,219
WFC	Wells Fargo & Company	−1,605	5,881	$470,774
FISR	State Street(R) Fixed Income Sector Rotation ETF	−1,490	5,101	$124,515
TROW	Price T Rowe Group Inc	−1,470	10,250	$1,066,512
NEE	Nextera Energy Inc	−1,458	14,440	$1,093,685
ABM	Abm Industries Inc	−1,458	1,458	$70,129
CL	Colgate Palmolive Co	−1,379	21,936	$1,871,579
SYY	Sysco Corp	−1,302	24,157	$1,883,279
MFC	Manulife Financial Corp	−1,150	12,350	$525,986
CRWV	CoreWeave, Inc.	−1,100	3,785	$329,749
NFLX	Netflix Inc	−1,100	42,863	$2,982,407
MSFT	Microsoft Corp	−1,057	29,917	$15,344,429
ABBV	AbbVie Inc.	−1,043	27,953	$7,312,225
RONB	Baron First Principles ETF	−1,000	1,000	$23,430
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	−997	17,061	$1,317,962
XOM	ExxonMobil Holdings Corp	−904	28,182	$4,586,620
ES	Eversource Energy	−861	1,455	$93,352
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
PYLD		4,500	$114,255
CRUX	Columbia Core Bond ETF	786	$22,440
BBUS	JPMORGAN BETABUILDERS U.S. EQUITY ETF	137	$18,848
JSCP	JPMorgan Short Duration Core Plus ETF	359	$16,506
MAIR	Madison Air Solutions Corp	600	$14,760
ETY	Eaton Vance Tax-Managed Diversified Equity Income Fund	1,000	$14,050
SKHY	SK hynix Inc.	70	$12,890
AIFD	TCW Artificial Intelligence ETF	200	$10,832
NNE	Nano Nuclear Energy Inc.	500	$7,925
CAKE	Cheesecake Factory Inc	68	$7,156
JPIE	JPMorgan Income ETF	158	$7,092
DSL	DoubleLine Income Solutions Fund	675	$6,750
JGRO	JPMorgan Active Growth ETF	59	$5,698
ARDC	Ares Dynamic Credit Allocation Fund, Inc.	395	$4,542
JCPB	JPMorgan Core Plus Bond ETF	101	$4,522
JQUA	JPMorgan U.S. Quality Factor ETF	50	$3,690
KBE	State Street(R) SPDR(R) S&P(R) Bank ETF	58	$3,666
USAR	USA Rare Earth, Inc.	250	$3,520
SFLR		79	$3,077
MFSB	MFS Active Core Plus Bond ETF	110	$2,616
DIVI	Franklin International Core Dividend Tilt Index ETF	56	$2,388
VPL	VANGUARD PACIFIC STOCK INDEX FUND	10	$1,158
ADIG	Adi Global Distribution Inc.	46	$824
MFP	Midera Food Processing, Inc.	15	$612
MBGL	Mobility Global Inc.	27	$463
No positions match the current search.

Sold Out

Positions the filer fully exited

24 positions

Ticker	Company	Shares	Value
IFF	International Flavors & Fragrances Inc	1,533	$121,444
AXON	Axon Enterprise, Inc.	35	$19,621
—		75	$15,378
P	Everpure, Inc.	110	$8,666
PNR	PENTAIR plc	38	$2,913
FNF	Fidelity National Financial, Inc.	42	$1,980
CPRT	Copart Inc	63	$1,775
CUBE	CubeSmart	21	$835
CPT	Camden Property Trust	7	$801
LKQ	Lkq Corp	30	$789
MGY	Magnolia Oil & Gas Corp	28	$716
BALL	BALL Corp	10	$624
GBCI	Glacier Bancorp, Inc.	12	$618
CELH	Celsius Holdings, Inc.	20	$585
FUL	Fuller H B Co	10	$582
WAFD	Wafd Inc	15	$575
—		3	$566
—		15	$498
DKS	Dick's Sporting Goods, Inc.	2	$453
SLAB	Silicon Laboratories Inc.	2	$437
BRBR	Bellring Brands, Inc.	33	$427
EXE	EXPAND ENERGY Corp	4	$364
—		77	$0
SKYD	Skydance Corp	215	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,055 tracked positions · $437,975,773 total · filing declares 1,058 positions · $452,980,203 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,055 positions by value · page 1 of 22

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Added	25,348	+81	$19,331,145	+2.5%	4.41%
GOOGL	Alphabet Inc. Communication Services	Added	52,898	+353	$18,201,143	−3.1%	4.16%
AAPL	Apple Inc. Technology	Reduced	49,742	-163	$16,565,080	+14.7%	3.78%
MSFT	Microsoft Corp Technology	Reduced	29,917	-1,057	$15,344,429	+32.8%	3.50%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	55,600	-295	$13,852,740	+4.0%	3.16%
ICE	Intercontinental Exchange, Inc. Financial Services	Added	68,736	+200	$10,449,934	+23.9%	2.39%
GOOG	Alphabet Inc. Communication Services	Reduced	30,183	-530	$10,284,555	−5.2%	2.35%
AMGN	Amgen Inc Healthcare	Held	24,121	0	$10,167,242	+16.4%	2.32%
JPM	Jpmorgan Chase & Co Financial Services	Added	25,051	+304	$8,287,622	+2.3%	1.89%
META	Meta Platforms, Inc. Communication Services	Added	10,096	+16	$7,321,417	+28.9%	1.67%
ABBV	AbbVie Inc. Healthcare	Reduced	27,953	-1,043	$7,312,225	+0.2%	1.67%
NVDA	Nvidia Corp Technology	Reduced	31,097	-43	$7,101,932	+14.0%	1.62%
CNI	Canadian National Railway Co Industrials	Added	55,358	+430	$6,582,066	+0.5%	1.50%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	13,167	+975	$6,556,507	+7.5%	1.50%
VRT	Vertiv Holdings Co Industrials	Added	25,719	+765	$6,206,251	−25.7%	1.42%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	9,020	-100	$6,088,951	+33.2%	1.39%
ARCC	Ares Capital Corp Financial Services	Added	302,619	+36,986	$5,780,022	+17.4%	1.32%
CMI	Cummins Inc Industrials	Reduced	9,582	-250	$4,949,773	−29.4%	1.13%
PANW	Palo Alto Networks Inc Technology	Reduced	12,397	-110	$4,925,452	+15.5%	1.12%
MRK	Merck & Co., Inc. Healthcare	Reduced	32,689	-366	$4,750,038	+11.8%	1.08%
XOM	ExxonMobil Holdings Corp Energy	Reduced	28,182	-904	$4,586,620	+15.3%	1.05%
TXN	Texas Instruments Inc Technology	Held	16,271	0	$4,557,344	−6.0%	1.04%
DE	Deere & Co Industrials	Reduced	6,281	-91	$4,218,005	+4.4%	0.96%
WPC	W. P. Carey Inc. Real Estate	Added	64,605	+2,798	$4,175,421	−5.5%	0.95%
ECL	Ecolab Inc. Basic Materials	Reduced	14,375	-100	$3,947,087	−2.1%	0.90%
JNJ	Johnson & Johnson Healthcare	Added	14,805	+769	$3,919,475	+10.0%	0.89%
LLY	ELI LILLY & Co Healthcare	Reduced	3,033	-275	$3,509,423	−11.6%	0.80%
LHX	L3harris Technologies, Inc. Industrials	Reduced	14,775	-330	$3,498,424	−20.3%	0.80%
MRSH	Marsh & Mclennan Companies, Inc. Financial Services	Held	20,401	0	$3,483,062	+2.4%	0.80%
BX	Blackstone Inc. Financial Services	Added	30,637	+100	$3,434,101	−4.4%	0.78%
BSX	Boston Scientific Corp Healthcare	Reduced	74,265	-3,513	$3,241,667	−2.3%	0.74%
V	Visa Inc. Financial Services	Reduced	8,951	-73	$3,216,362	+3.9%	0.73%
CVX	Chevron Corp Energy	Reduced	15,312	-86	$3,126,863	+22.5%	0.71%
ACN	Accenture plc Technology	Reduced	16,884	-4,175	$3,096,019	+18.1%	0.71%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	3,342	-40	$3,042,356	−3.8%	0.69%
NFLX	Netflix Inc Communication Services	Reduced	42,863	-1,100	$2,982,407	−5.0%	0.68%
SUB	iShares Short-Term National Muni Bond ETF	Held	27,927	0	$2,919,488	−1.8%	0.67%
RTX	RTX Corp Industrials	Reduced	15,333	-187	$2,846,571	−3.3%	0.65%
SPYI	NEOS S&P 500(R) High Income ETF	Added	50,510	+4,055	$2,685,616	+8.9%	0.61%
VHT	VANGUARD HEALTH CARE INDEX FUND	Added	8,105	+1,080	$2,561,828	+22.0%	0.58%
XLI	State Street(R) Industrial Select Sector SPDR(R) ETF	Added	15,308	+37	$2,556,129	−9.6%	0.58%
VEU	Vanguard International Equity Index Funds	Added	29,192	+4,836	$2,422,060	+18.7%	0.55%
EFAA		Added	41,984	+3,224	$2,307,020	+6.7%	0.53%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	6,472	-15	$2,296,330	−15.8%	0.52%
NVO	Novo Nordisk A S Healthcare	Reduced	59,074	-150	$2,239,495	−21.1%	0.51%
CSCO	Cisco Systems, Inc. Technology	Reduced	20,519	-79	$2,208,459	−8.7%	0.50%
BAC	Bank Of America Corp Financial Services	Reduced	38,683	-560	$2,105,515	−5.8%	0.48%
CAT	Caterpillar Inc Industrials	Added	2,591	+50	$2,100,756	−22.4%	0.48%
ASML	Asml Holding NV Technology	Held	1,152	0	$2,087,043	−8.9%	0.48%
GLW	Corning Inc Technology	Reduced	13,408	-47	$2,061,614	−40.0%	0.47%

Showing the top 50 of 1,055 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.