Carroll Financial Associates, Inc.
Filing Date
Global Rank
#1,421
/ 6,919
▼ 63
· as of Dec 2021
Top Industry
Consumer Electronics
13.2%
Period ended 4 years ago
Filed Jan 6, 2022 · 4y
8 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Unknown
Portfolio style
Measured from the filed 13F common-share book for Dec 31, 2021, never from the firm's own description.
Style
Diversified active
Top 10 weight 57.5%, 12.7 effective positions, active share 72.4% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
20.3% over the last four quarters (under 30%)
Horizon
Horizon unknown
The value-weighted holding period is at least 7.6 quarters, but 91.6% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 72.4%; sector active share 40.2% against the combined 13F book's sector weights.
Over time 8 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 backtestPortfolio Concentration
1,678 tracked positions · as of Dec 31, 2021 · Δ vs Sep 30, 2021Top Position
23.5%
−0.5 pts
Top 5
45.7%
+0.4 pts
Top 10
57.5%
+0.2 pts
HHI
790
Diversified−16
Portfolio Trend
8 quarters · across all stocks
Sector Breakdown
As of Dec 31, 2021| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 69.3% | $1,099,467,174 |
| Technology | 9.0% | $142,579,495 |
| Financial Services | 6.4% | $101,154,326 |
| Healthcare | 3.1% | $49,482,601 |
| Consumer Cyclical | 2.8% | $44,868,784 |
| Consumer Defensive | 2.3% | $35,908,406 |
| Industrials | 1.8% | $28,776,238 |
| Utilities | 1.7% | $26,705,284 |
| Energy | 1.4% | $22,636,947 |
| Communication Services | 1.3% | $20,443,020 |
| Basic Materials | 0.7% | $10,428,646 |
| Real Estate | 0.3% | $4,786,839 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| RAAX | VanEck Real Assets ETF | +224,681 | 372,448 | $9,236,710 | |
| STIP | iShares 0-5 Year TIPS Bond ETF | +133,374 | 134,163 | $14,205,178 | |
| VWO | VANGUARD EMERGING MARKETS STOCK INDEX FUND | +70,780 | 77,401 | $3,828,253 | |
| DIVO | Amplify CWP Enhanced Dividend Income ETF | +63,394 | 177,301 | $0 | |
| — | +52,183 | 173,462 | $4,029,000 | ||
| PXH | Invesco RAFI Emerging Markets ETF | +45,578 | 231,266 | $5,062,412 | |
| EMBD | Global X Emerging Markets Bond ETF | +43,035 | 300,406 | $7,791,029 | |
| JPST | JPMorgan Ultra-Short Income ETF | +27,834 | 231,200 | $11,670,976 | |
| SPMD | State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF | +24,717 | 148,809 | $7,401,759 | |
| URA | Global X Uranium ETF | +22,453 | 91,475 | $2,087,459 | |
| SPD | Simplify US Equity PLUS Downside Convexity ETF | +21,736 | 335,216 | $11,149,284 | |
| PREF | Principal Spectrum Preferred Securities Active ETF | +21,157 | 294,117 | $5,964,692 | |
| AAPL | Apple Inc. | +19,283 | 361,058 | $64,113,069 | |
| GSLC | Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF | +17,772 | 173,244 | $16,482,434 | |
| KMI | Kinder Morgan, Inc. | +15,456 | 44,105 | $699,505 | |
| OMFL | Invesco Russell 1000 Dynamic Multifactor ETF | +14,925 | 688,293 | $34,896,455 | |
| PFE | Pfizer Inc | +14,347 | 155,325 | $9,171,941 | |
| KO | Coca Cola Co | +12,984 | 76,779 | $4,546,084 | |
| IEFA | iShares Core MSCI EAFE ETF | +12,296 | 22,229 | $1,659,172 | |
| SUB | iShares Short-Term National Muni Bond ETF | +11,206 | 12,382 | $1,329,455 | |
| ESGE | iShares Trust | +10,352 | 12,873 | $0 | |
| NWBI | Northwest Bancshares, Inc. | +10,321 | 48,964 | $693,330 | |
| PRF | Victory Portfolios II | +10,120 | 547,460 | $18,799,776 | |
| DOW | Dow Inc. | +10,070 | 17,789 | $1,008,992 | |
| DD | DuPont de Nemours, Inc. | +9,744 | 16,866 | $1,362,435 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VNLA | Janus Henderson Short Duration Income ETF | −673,260 | 166,870 | $8,268,408 | |
| ISTB | iShares Core 1-5 Year USD Bond ETF | −224,986 | 3,556 | $179,329 | |
| XDQQ | −63,750 | 38,900 | $1,192,674 | ||
| SCHX | Schwab U.S. Large-Cap ETF | −62,439 | 1,019 | $115,982 | |
| RSP | Victory Portfolios II | −61,369 | 2,904 | $472,626 | |
| FLOT | iShares Floating Rate Bond ETF | −59,390 | 499 | $25,314 | |
| — | −57,450 | 2,100 | $0 | ||
| AUSF | Global X Adaptive U.S. Factor ETF | −57,109 | 5,531,364 | $176,671,766 | |
| SHY | iShares 1-3 Year Treasury Bond ETF | −43,394 | 2,881 | $246,440 | |
| IJR | iShares Core S&P Small-Cap ETF | −41,110 | 62,902 | $7,202,908 | |
| IVW | iShares S&P 500 Growth ETF | −39,668 | 51,210 | $4,284,740 | |
| DGRW | WisdomTree U.S. Quality Dividend Growth Fund | −34,932 | 483,490 | $31,842,651 | |
| XLRE | State Street(R) Real Estate Select Sector SPDR(R) ETF | −34,793 | 637 | $33,002 | |
| VIG | Vanguard Specialized Funds | −30,790 | 191,070 | $32,816,272 | |
| MINT | PIMCO Enhanced Short Maturity Active Exchange-Traded Fund | −29,054 | 2,972 | $301,836 | |
| SCHD | Schwab U.S. Dividend Equity ETF | −24,082 | 74,154 | $5,993,860 | |
| USMV | iShares MSCI USA Min Vol Factor ETF | −20,427 | 1,816,413 | $146,947,811 | |
| — | −19,504 | 146,550 | $1,443,000 | ||
| T | At&T Inc. | −18,321 | 74,676 | $1,837,033 | |
| TLT | iShares 20+ Year Treasury Bond ETF | −18,263 | 383 | $56,756 | |
| IJH | iShares Core S&P Mid-Cap ETF | −18,219 | 21,597 | $6,113,678 | |
| SPLV | Invesco S&P 500 Low Volatility ETF | −16,786 | 37,986 | $2,606,979 | |
| PULS | PGIM Ultra Short Bond ETF | −15,488 | 433,980 | $21,477,670 | |
| PDP | Victory Portfolios II | −14,696 | 2,603 | $246,035 | |
| — | −13,529 | 10,000 | $224,800 | ||
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| JAAA | Janus Henderson AAA CLO ETF | 676,455 | $34,079,802 | |
| NAD | Nuveen Quality Municipal Income Fund | 49,955 | $804,775 | |
| COMT | iShares GSCI Commodity Dynamic Roll Strategy ETF | 25,991 | $802,602 | |
| ESGU | iShares ESG Aware MSCI USA ETF | 6,334 | $683,438 | |
| EFG | iShares MSCI EAFE Growth ETF | 5,755 | $634,718 | |
| NZF | Nuveen Municipal Credit Income Fund | 36,771 | $628,784 | |
| — | 15,945 | $432,906 | ||
| FALN | iShares Fallen Angels USD Bond ETF | 13,974 | $418,800 | |
| AVUV | Avantis U.S. Small Cap Value ETF | 4,450 | $354,843 | |
| TZA | Direxion Daily Small Cap Bear 3X Shares | 10,000 | $270,400 | |
| BNOV | 5,845 | $192,592 | ||
| OEF | iShares S&P 100 ETF | 780 | $170,921 | |
| HSIC | Henry Schein Inc | 1,930 | $149,632 | |
| GEM | Goldman Sachs ActiveBeta(R) Emerging Markets Equity ETF | 3,750 | $138,787 | |
| CFVI | RUM Group Inc. | 11,565 | $130,000 | |
| CQQQ | Invesco Ltd. | 2,020 | $125,502 | |
| — | 8,107 | $123,064 | ||
| OTTR | Otter Tail Corp | 1,623 | $115,914 | |
| — | 1,111 | $102,000 | ||
| PTY | Pimco Corporate & Income Opportunity Fund | 4,290 | $70,956 | |
| BDEC | 1,878 | $66,161 | ||
| FEZ | State Street(R) SPDR(R) EURO STOXX 50(R) ETF | 1,300 | $60,658 | |
| — | 1,195 | $60,000 | ||
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares | 10,000 | $53,800 | |
| QDIV | Global X S&P 500 Quality Dividend ETF | 1,564 | $51,394 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| JHML | John Hancock Multifactor Large Cap ETF | 42,288 | $2,300,890 | |
| POWA | Invesco Bloomberg Pricing Power ETF | 13,805 | $912,234 | |
| IAI | iShares U.S. Broker-Dealers & Securities Exchanges ETF | 7,242 | $756,064 | |
| IYC | iShares U.S. Consumer Discretionary ETF | 9,692 | $749,288 | |
| VHT | VANGUARD HEALTH CARE INDEX FUND | 2,519 | $622,596 | |
| IYF | iShares U.S. Financials ETF | 3,628 | $299,491 | |
| FNDB | Schwab Fundamental U.S. Broad Market ETF | 5,575 | $298,596 | |
| TFX | Teleflex Inc | 728 | $274,128 | |
| IHF | iShares U.S. Healthcare Providers ETF | 918 | $234,806 | |
| FLRN | State Street(R) SPDR(R) Bloomberg Investment Grade Floating Rate ETF | 5,808 | $178,073 | |
| SCHQ | Schwab Long-Term U.S. Treasury ETF | 2,710 | $135,933 | |
| SIZE | iShares MSCI USA Size Factor ETF | 999 | $127,572 | |
| MTH | Meritage Homes CORP | 975 | $94,575 | |
| XHE | State Street(R) SPDR(R) S&P(R) Health Care Equipment ETF | 629 | $78,700 | |
| BGH | Barings Global Short Duration High Yield Fund | 4,578 | $78,283 | |
| BLW | BLACKROCK Ltd DURATION INCOME TRUST | 4,367 | $74,632 | |
| — | 2,845 | $71,637 | ||
| — | 2,095 | $66,000 | ||
| LOUP | 1,254 | $64,204 | ||
| CW | Curtiss Wright Corp | 504 | $63,594 | |
| VGLT | VANGUARD LONG-TERM TREASURY INDEX FUND | 700 | $61,397 | |
| QTEC | First Trust NASDAQ-100-Technology Sector Index Fund | 379 | $59,806 | |
| CGW | Invesco Ltd. | 1,041 | $58,129 | |
| — | 1,195 | $57,000 | ||
| RBLX | Roblox Corp | 622 | $46,992 | |
| No positions match the current search. | ||||
1,678 tracked positions ·
$1,587,237,760 total
· filing declares
1,788 positions · $1,877,613,000
· 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 1,678 positions by value
· page 1 of 34
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AUSF |
Global X Adaptive U.S. Factor ETF
|
Reduced | 5,531,364 | $176,671,766 | 11.13% | |
| USMV |
iShares MSCI USA Min Vol Factor ETF
|
Reduced | 1,816,413 | $146,947,811 | 9.26% | |
| AAPL |
Apple Inc.
Technology
|
Added | 361,058 | $64,113,069 | 4.04% | |
| MTUM |
iShares MSCI USA Momentum Factor ETF
|
Reduced | 290,292 | $52,780,891 | 3.33% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 146,227 | $49,179,064 | 3.10% | |
| IWF |
iShares Russell 1000 Growth ETF
|
Reduced | 159,038 | $48,600,422 | 3.06% | |
| IVV |
iShares Core S&P 500 ETF
|
Added | 73,869 | $35,234,774 | 2.22% | |
| OMFL |
Invesco Russell 1000 Dynamic Multifactor ETF
|
Added | 688,293 | $34,896,455 | 2.20% | |
| JAAA |
Janus Henderson AAA CLO ETF
|
NEW | 676,455 | $34,079,802 | 2.15% | |
| VIG |
Vanguard Specialized Funds
|
Reduced | 191,070 | $32,816,272 | 2.07% | |
| DGRW |
WisdomTree U.S. Quality Dividend Growth Fund
|
Reduced | 483,490 | $31,842,651 | 2.01% | |
|
|
Reduced | 243,162 | $23,000,693 | 1.45% | ||
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 74,517 | $22,280,583 | 1.40% | |
| PULS |
PGIM Ultra Short Bond ETF
|
Reduced | 433,980 | $21,477,670 | 1.35% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 43,844 | $20,824,146 | 1.31% | |
| PRF |
Victory Portfolios II
|
Added | 547,460 | $18,799,776 | 1.18% | |
|
|
Reduced | 290,799 | $17,808,530 | 1.12% | ||
| DUK |
Duke Energy CORP
Utilities
|
Added | 166,856 | $17,503,194 | 1.10% | |
| GSLC |
Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF
|
Added | 173,244 | $16,482,434 | 1.04% | |
| STIP |
iShares 0-5 Year TIPS Bond ETF
|
Added | 134,163 | $14,205,178 | 0.89% | |
| PRFZ |
Invesco RAFI US 1500 Small-Mid ETF
|
Reduced | 72,460 | $13,891,306 | 0.88% | |
| GSST |
Goldman Sachs Ultra Short Bond ETF
|
Reduced | 270,462 | $13,650,217 | 0.86% | |
| TFC |
Truist Financial Corp
Financial Services
|
Added | 213,182 | $12,481,806 | 0.79% | |
| LOW |
Lowes Companies Inc
Consumer Cyclical
|
Added | 47,080 | $12,169,238 | 0.77% | |
| JPST |
JPMorgan Ultra-Short Income ETF
|
Added | 231,200 | $11,670,976 | 0.74% | |
|
|
Reduced | 355,761 | $11,469,734 | 0.72% | ||
| SPD |
Simplify US Equity PLUS Downside Convexity ETF
|
Added | 335,216 | $11,149,284 | 0.70% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Added | 64,870 | $11,097,310 | 0.70% | |
| IOO |
iShares Global 100 ETF
|
Added | 128,446 | $10,020,072 | 0.63% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 58,862 | $9,320,797 | 0.59% | |
| RAAX |
VanEck Real Assets ETF
|
Added | 372,448 | $9,236,710 | 0.58% | |
| PFE |
Pfizer Inc
Healthcare
|
Added | 155,325 | $9,171,941 | 0.58% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 147,691 | $9,037,212 | 0.57% | |
| DGRO |
iShares Core Dividend Growth ETF
|
Added | 157,626 | $8,760,853 | 0.55% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Reduced | 21,569 | $8,581,226 | 0.54% | |
| VNLA |
Janus Henderson Short Duration Income ETF
|
Reduced | 166,870 | $8,268,408 | 0.52% | |
| BAC |
Bank Of America Corp
Financial Services
|
Reduced | 176,031 | $7,831,619 | 0.49% | |
| EMBD |
Global X Emerging Markets Bond ETF
|
Added | 300,406 | $7,791,029 | 0.49% | |
| AXP |
American Express Co
Financial Services
|
Reduced | 47,049 | $7,697,216 | 0.48% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 2,250 | $7,502,265 | 0.47% | |
| SPMD |
State Street(R) SPDR(R) Portfolio S&P 400(TM) Mid Cap ETF
|
Added | 148,809 | $7,401,759 | 0.47% | |
| IJR |
iShares Core S&P Small-Cap ETF
|
Reduced | 62,902 | $7,202,908 | 0.45% | |
| SPEM |
State Street(R) SPDR(R) Portfolio Emerging Markets ETF
|
Added | 173,525 | $7,199,552 | 0.45% | |
| GSEW |
Goldman Sachs Equal Weight U.S. Large Cap Equity ETF
|
Held | 98,145 | $7,016,386 | 0.44% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 42,500 | $6,952,150 | 0.44% | |
| QUAL |
iShares MSCI USA Quality Factor ETF
|
Added | 44,794 | $6,520,214 | 0.41% | |
| VIGI |
Vanguard Whitehall Funds
|
Reduced | 75,899 | $6,483,292 | 0.41% | |
| VFMF |
Vanguard Wellington Fund
|
Added | 60,189 | $6,452,862 | 0.41% | |
| VUG |
VANGUARD GROWTH INDEX FUND
|
Reduced | 20,030 | $6,427,622 | 0.40% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Added | 14,921 | $6,192,364 | 0.39% |
Showing the top 50 of 1,678 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.