Carroll Financial Associates, Inc.

CIK

1567784

Location

CHARLOTTE, NC

Portfolio Value

Small $480,641,743

Diversification

Diversified

Filing Date

Global Rank

#2,124 / 6,772 ▲ 30

Top Industry

Consumer Electronics 14.3%

3Y Alpha vs SPY

-5.1%

Period ended 4 years ago

Filed Jan 6, 2022 · 4y

8 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+54.8%

SPY

+76.3%

Annualised alpha

-5.1%

Max drawdown

−16.3%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

994 positions · as of Dec 31, 2021 · Δ vs Sep 30, 2021

Top Position

13.3%

+2.1 pts

Top 5

36.2%

+1.7 pts

Top 10

47.5%

+1.7 pts

HHI

394

Diversified+54

Portfolio Trend

8 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2021

Sector	% Portfolio	Value	Positions
Technology	29.1%	$139,709,337	143
Financial Services	19.8%	$95,186,620	197
Healthcare	9.4%	$45,341,456	115
Consumer Cyclical	7.4%	$35,662,569	121
Consumer Defensive	6.9%	$33,011,795	51
Unclassified	6.5%	$31,305,520	14
Utilities	5.5%	$26,567,901	42
Industrials	5.5%	$26,419,644	119
Energy	4.7%	$22,591,626	42
Communication Services	2.4%	$11,469,524	43
Basic Materials	2.0%	$9,600,655	54
Real Estate	0.8%	$3,775,096	53

Last Quarter's Activity

Export CSV

Dec 31, 2021 vs Sep 30, 2021

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AAPL	Apple Inc.	+19,283	361,058	$64,113,069
KMI	Kinder Morgan, Inc.	+15,456	44,105	$699,505
PFE	Pfizer Inc	+14,347	155,325	$9,171,941
KO	Coca Cola Co	+12,984	76,779	$4,546,084
NWBI	Northwest Bancshares, Inc.	+10,321	48,964	$693,330
DOW	Dow Inc.	+10,070	17,789	$1,008,992
DD	DuPont de Nemours, Inc.	+9,744	16,866	$570,057
DUK	Duke Energy CORP	+9,356	166,856	$17,503,194
CTVA	Corteva, Inc.	+8,813	16,464	$778,417
TFC	Truist Financial Corp	+8,364	213,182	$12,481,806
MDLZ	Mondelez International, Inc.	+8,173	18,795	$1,246,296
MFC	Manulife Financial Corp	+7,508	7,704	$146,915
JNJ	Johnson & Johnson	+7,079	64,870	$11,097,310
ENB	Enbridge Inc	+6,223	132,221	$5,167,196
LNC	Lincoln National Corp	+6,057	19,766	$1,349,227
EPD	Enterprise Products Partners L.P.	+5,974	14,662	$321,977
PEP	Pepsico Inc	+5,703	30,735	$5,338,976
F	Ford Motor Co	+5,431	24,113	$500,827
LVS	Las Vegas Sands Corp	+4,792	5,035	$189,517
NEE	Nextera Energy Inc	+4,035	25,863	$2,414,569
FITB	Fifth Third Bancorp	+3,974	24,718	$1,076,468
NKE	NIKE, Inc.	+3,898	13,069	$2,178,210
D	Dominion Energy, Inc	+3,572	30,360	$2,385,081
MCD	Mcdonalds Corp	+3,211	15,143	$4,059,384
EMR	Emerson Electric Co	+3,163	8,436	$784,294
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
T	At&T Inc.	−18,321	74,676	$1,387,487
LPRO	Open Lending Corp	−13,529	10,000	$224,800
BRK-B	Berkshire Hathaway Inc	−11,286	74,517	$22,280,583
VZ	Verizon Communications Inc	−9,581	41,754	$2,169,537
PHYS	Sprott Physical Gold Trust	−7,653	43,970	$631,409
RJF	Raymond James Financial Inc	−6,500	3,223	$323,589
EQX	Equinox Gold Corp.	−6,000	238	$1,608
RY	Royal Bank Of Canada	−5,223	31,523	$3,345,851
NVDA	Nvidia Corp	−4,813	3,777	$111,085
AXP	American Express Co	−4,572	47,049	$7,697,216
GILD	Gilead Sciences, Inc.	−4,145	4,776	$346,785
SPY	Spdr S&P 500 ETF Trust	−4,088	43,844	$20,824,146
COP	Conocophillips	−4,088	11,494	$829,636
CMCSA	Comcast Corp	−3,665	18,026	$850,279
QQQ	Invesco Qqq Trust, Series 1	−3,569	21,569	$8,581,226
MANU	Manchester United plc	−3,098	2	$28
USA	Liberty All Star Equity Fund	−3,023	112	$938
TXT	Textron Inc	−3,000	11	$849
LDP	Cohen & Steers Ltd Duration Preferred & Income Fund, Inc.	−2,861	1,100	$29,128
LNG	Cheniere Energy, Inc.	−2,811	299	$30,324
BFLY	Butterfly Network, Inc.	−2,796	5,927	$39,651
BAC	Bank Of America Corp /De/	−2,622	176,031	$7,831,619
SLV	iShares Silver Trust	−2,601	130	$2,796
META	Meta Platforms, Inc.	−1,950	3,837	$1,290,574
SO	Southern Co	−1,793	25,918	$1,777,456
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
NAD	Nuveen Quality Municipal Income Fund	49,955	$804,775
NZF	Nuveen Municipal Credit Income Fund	36,771	$628,784
HSIC	Henry Schein Inc	1,930	$149,632
OTTR	Otter Tail Corp	1,623	$115,914
CEF	Sprott Physical Gold & Silver Trust	4,770	$84,619
PTY	Pimco Corporate & Income Opportunity Fund	4,290	$70,956
MANH	Manhattan Associates Inc	327	$50,845
WPM	Wheaton Precious Metals Corp.	708	$30,394
TNL	Travel & Leisure Co.	513	$28,353
NEA	Nuveen AMT-Free Quality Municipal Income Fund	1,765	$27,534
HL	Hecla Mining Co/De/	4,684	$24,450
ARW	Arrow Electronics, Inc.	174	$23,362
IMMR	Immersion Corp	3,898	$22,257
BDJ	BlackRock Enhanced Equity Dividend Trust	2,158	$21,752
AYI	Acuity Inc. (De)	100	$21,172
TDS	Telephone & Data Systems Inc /De/	1,000	$20,150
HYPR	Hyperfine, Inc.	2,503	$18,146
ENTG	Entegris Inc	130	$18,015
ODFL	Old Dominion Freight Line, Inc.	84	$15,051
CAR	Avis Budget Group, Inc.	70	$14,515
JBTM	JBT MAREL Corp	92	$14,127
FCF	First Commonwealth Financial Corp /Pa/	875	$14,078
FIVN	Five9, Inc.	97	$13,320
DJT	Trump Media & Technology Group Corp.	247	$12,703
WH	Wyndham Hotels & Resorts, Inc.	140	$12,551
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
MDT	Medtronic plc	24,162	$3,028,706
ETN	Eaton Corp plc	7,134	$1,065,177
AMT	American Tower Corp /Ma/	2,881	$764,646
AMP	Ameriprise Financial Inc	2,382	$629,133
TROW	Price T Rowe Group Inc	1,588	$312,359
TFX	Teleflex Inc	728	$274,128
COR	Cencora, Inc.	1,543	$184,311
BGH	Barings Global Short Duration High Yield Fund	4,578	$78,283
BLW	BLACKROCK Ltd DURATION INCOME TRUST	4,367	$74,632
CW	Curtiss Wright Corp	504	$63,594
MTH	Meritage Homes CORP	975	$47,287
RBLX	Roblox Corp	622	$46,992
HIG	Hartford Insurance Group, Inc.	660	$46,365
FLO	Flowers Foods Inc	1,929	$45,582
HPI	John Hancock Preferred Income Fund	1,800	$38,700
SPXX	Nuveen S&P 500 Dynamic Overwrite Fund	1,988	$33,974
MTB	M&T Bank Corp	202	$30,166
ETJ	Eaton Vance Risk-Managed Diversified Equity Income Fund	2,768	$29,589
CCK	Crown Holdings, Inc.	283	$28,520
FTV	Fortive Corp	532	$28,291
EEFT	Euronet Worldwide, Inc.	199	$25,328
TRN	Trinity Industries Inc	898	$24,398
EFOR	Everforth Inc	209	$23,646
POR	Portland General Electric Co /Or/	488	$22,931
RDN	Radian Group Inc	1,005	$22,833
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

994 positions · $480,641,743 total · as of Dec 31, 2021

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

Showing 1–50 of 994 positions by value · page 1 of 20

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	361,058	+19,283	$64,113,069	+32.6%	13.34%
MSFT	Microsoft Corp Technology	Reduced	146,227	-332	$49,179,064	+19.0%	10.23%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	74,517	-11,286	$22,280,583	−4.9%	4.64%
SPY	Spdr S&P 500 ETF Trust	Reduced	43,844	-4,088	$20,824,146	+1.2%	4.33%
DUK	Duke Energy CORP Utilities	Added	166,856	+9,356	$17,503,194	+13.9%	3.64%
TFC	Truist Financial Corp Financial Services	Added	213,182	+8,364	$12,481,806	+3.9%	2.60%
LOW	Lowes Companies Inc Consumer Cyclical	Added	47,080	+2,267	$12,169,238	+33.9%	2.53%
JNJ	Johnson & Johnson Healthcare	Added	64,870	+7,079	$11,097,310	+18.9%	2.31%
JPM	Jpmorgan Chase & Co Financial Services	Added	58,862	+2,461	$9,320,797	+1.0%	1.94%
PFE	Pfizer Inc Healthcare	Added	155,325	+14,347	$9,171,941	+51.3%	1.91%
XOM	Exxon Mobil Corp Energy	Added	147,691	+2,691	$9,037,212	+6.0%	1.88%
QQQ	Invesco Qqq Trust, Series 1	Reduced	21,569	-3,569	$8,581,226	−4.6%	1.79%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	176,031	-2,622	$7,831,619	+3.3%	1.63%
AXP	American Express Co Financial Services	Reduced	47,049	-4,572	$7,697,216	−11.0%	1.60%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	42,500	+1,806	$6,952,150	+22.2%	1.45%
HD	Home Depot, Inc. Consumer Cyclical	Added	14,921	+1,976	$6,192,364	+45.7%	1.29%
PEP	Pepsico Inc Consumer Defensive	Added	30,735	+5,703	$5,338,976	+41.8%	1.11%
ENB	Enbridge Inc Energy	Added	132,221	+6,223	$5,167,196	+3.0%	1.08%
DIS	Walt Disney Co Communication Services	Reduced	30,244	-289	$4,684,493	−9.3%	0.97%
KO	Coca Cola Co Consumer Defensive	Added	76,779	+12,984	$4,546,084	+35.8%	0.95%
CVX	Chevron Corp Energy	Added	38,657	+1,053	$4,536,398	+18.9%	0.94%
MCD	Mcdonalds Corp Consumer Cyclical	Added	15,143	+3,211	$4,059,384	+41.1%	0.84%
CSCO	Cisco Systems, Inc. Technology	Added	63,921	+265	$4,050,673	+16.9%	0.84%
FCNCA	First Citizens Bancshares Inc /De/ Financial Services	Reduced	4,160	-700	$3,452,134	−15.8%	0.72%
NUE	Nucor Corp Basic Materials	Added	29,401	+1,471	$3,356,124	+22.0%	0.70%
RY	Royal Bank Of Canada Financial Services	Reduced	31,523	-5,223	$3,345,851	−8.5%	0.70%
V	Visa Inc. Financial Services	Reduced	13,105	-197	$2,839,984	−4.2%	0.59%
ABT	Abbott Laboratories Healthcare	Added	20,177	+1,213	$2,839,710	+26.8%	0.59%
UPS	United Parcel Service Inc Industrials	Added	12,836	+153	$2,751,268	+19.1%	0.57%
AMAT	Applied Materials Inc /De Technology	Reduced	17,244	-800	$2,713,515	+16.8%	0.56%
LLY	ELI LILLY & Co Healthcare	Added	9,245	+2,417	$2,553,653	+61.9%	0.53%
NEE	Nextera Energy Inc Utilities	Added	25,863	+4,035	$2,414,569	+40.9%	0.50%
D	Dominion Energy, Inc Utilities	Added	30,360	+3,572	$2,385,081	+21.9%	0.50%
CSX	Csx Corp Industrials	Added	63,425	+1,327	$2,384,780	+29.1%	0.50%
SON	Sonoco Products Co Consumer Cyclical	Added	40,892	+776	$2,367,237	−1.0%	0.49%
ABBV	AbbVie Inc. Healthcare	Added	17,394	+1,238	$2,355,147	+35.1%	0.49%
PM	Philip Morris International Inc. Consumer Defensive	Added	24,198	+2,581	$2,298,810	+12.2%	0.48%
ADP	Automatic Data Processing Inc Technology	Reduced	9,123	-88	$2,249,549	+22.2%	0.47%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	3,882	-1,073	$2,203,811	−1.0%	0.46%
NSC	Norfolk Southern Corp Industrials	Added	7,338	+2,587	$2,184,595	+92.2%	0.45%
NKE	NIKE, Inc. Consumer Cyclical	Added	13,069	+3,898	$2,178,210	+63.5%	0.45%
VZ	Verizon Communications Inc Communication Services	Reduced	41,754	-9,581	$2,169,537	−21.8%	0.45%
INTC	Intel Corp Technology	Reduced	39,798	-1,552	$2,049,597	−7.0%	0.43%
IBM	International Business Machines Corp Technology	Added	14,706	+1,868	$1,965,603	+15.3%	0.41%
CVS	CVS HEALTH Corp Healthcare	Added	18,665	+921	$1,925,481	+27.9%	0.40%
SO	Southern Co Utilities	Reduced	25,918	-1,793	$1,777,456	+3.5%	0.37%
MRK	Merck & Co., Inc. Healthcare	Added	22,905	+306	$1,755,439	+3.4%	0.37%
CAT	Caterpillar Inc Industrials	Reduced	8,488	-342	$1,754,809	+3.5%	0.37%
CRM	Salesforce, Inc. Technology	Reduced	6,796	-214	$1,727,067	−9.2%	0.36%
AMGN	Amgen Inc Healthcare	Added	7,606	+605	$1,711,121	+14.9%	0.36%