First Affirmative Financial Network

Registered adviser

CIK

1656282

Location

COLORADO SPRINGS, CO

Portfolio Value

Small $419,322,540

Diversification

Diversified

Filing Date

Global Rank

#5,045 / 8,816 ▲ 650 · as of Mar 2026

Top Industry

Semiconductors 16.4%

Period ended 22 days ago

Filed Oct 21, 2026 · 1d

19 quarters · since Sep 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 109036

Roster of Oct 1, 2026

Regulatory AUM

$905,216,708

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	$905,216,708	Individuals and high net worth (98%)
Apr 2025 to Mar 2026	$956,132,091	Individuals and high net worth (96%)
Apr 2024 to Mar 2025	$563,837,798	Individuals and high net worth (95%)
May 2023 to Mar 2024	$695,180,179	Individuals and high net worth (96%)
Apr 2023	$695,180,179	Individuals and high net worth (96%)
Apr 2022 to Mar 2023	$915,793,020	Individuals and high net worth (97%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 33.1%, 54.7 effective positions, active share 54.1% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Long horizon

Value-weighted holding period 13.0 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 54.1%; sector active share 16.5% against the combined 13F book's sector weights.

Over time 18 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

417 tracked positions · as of Sep 30, 2026 · Δ vs Mar 31, 2026

Top Position

13.6%

+4.5 pts

Top 5

28.8%

+6.3 pts

Top 10

38.1%

+4.8 pts

HHI

289

Diversified+107

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	32.2%	$135,214,999	74
Technology	27.6%	$115,907,938	71
Financial Services	9.9%	$41,543,701	88
Communication Services	7.9%	$33,280,765	24
Healthcare	6.6%	$27,644,548	39
Industrials	4.3%	$17,964,315	39
Consumer Defensive	3.6%	$15,218,811	23
Consumer Cyclical	3.5%	$14,684,641	21
Real Estate	1.8%	$7,714,400	15
Basic Materials	1.5%	$6,263,284	16
Utilities	0.7%	$2,941,484	6
Energy	0.2%	$943,654	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
SBS	Companhia De Saneamento Basico Do Estado De Sao Paulo-Sabesp	+82,980	101,129	$536,994
BBDO	Bank Bradesco	+42,510	63,386	$195,228
CIG	Energy Co Of Minas Gerais	+42,486	178,501	$374,852
AGNC	AGNC Investment Corp.	+37,092	53,780	$487,784
TU	Telus Corp	+35,133	94,545	$793,232
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	+29,618	138,925	$7,871,490
BBD	Bank Bradesco	+26,934	80,738	$284,197
T	At&T Inc.	+24,706	51,393	$1,253,989
NVDA	Nvidia Corp	+23,387	77,802	$17,768,420
TAXF	American Century Diversified Municipal Bond ETF	+22,475	140,393	$6,653,224
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	+20,414	111,335	$5,272,825
TAK	Takeda Pharmaceutical Co Ltd	+17,290	73,391	$1,334,982
AAPL	Apple Inc.	+14,141	46,919	$15,624,965
BAC	Bank Of America Corp	+13,236	21,893	$1,191,635
CMCSA	Comcast Corp	+12,748	35,113	$764,058
VZ	Verizon Communications Inc	+12,594	25,008	$1,147,116
ABEV	Ambev S.A.	+12,180	145,136	$423,797
VTES	VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF	+11,799	58,744	$5,792,158
NLY	Annaly Capital Management Inc	+11,181	25,865	$488,589
KT	Kt Corp	+10,264	20,527	$388,986
MNST	Monster Beverage Corp	+10,017	14,351	$597,288
NOK	Nokia Corp	+9,935	91,700	$929,838
WIT	Wipro Ltd	+8,987	65,819	$108,601
NMFC	New Mountain Finance Corp	+8,620	29,135	$201,614
HDB	Hdfc Bank Ltd	+8,478	23,612	$527,492
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AVAL	Grupo Aval Acciones Y Valores S.A.	−16,102	59,381	$286,216
UMC	United Microelectronics Corp	−10,826	32,933	$806,529
—		−9,702	173,142	$0
ASX	ASE Technology Holding Co., Ltd.	−9,594	36,960	$1,643,241
BLDP	Ballard Power Systems Inc.	−9,074	13,843	$28,239
OXSQ	Oxford Square Capital Corp.	−8,636	10,404	$13,317
MFG	Mizuho Financial Group Inc	−8,450	35,648	$393,910
SLRC	SLR Investment Corp.	−5,293	11,815	$136,935
LYG	Lloyds Banking Group plc	−4,238	52,806	$297,297
PLUG	Plug Power Inc	−3,310	11,475	$22,261
NEXA	Nexa Resources S.A.	−2,971	12,487	$152,216
—		−2,850	106,812	$0
CSCO	Cisco Systems, Inc.	−2,620	34,621	$3,726,258
PVI	Invesco Ltd.	−2,593	14,815	$0
IBMP	iShares iBonds Dec 2027 Term Muni Bond ETF	−2,579	16,963	$428,146
IBMO	iShares iBonds Dec 2026 Term Muni Bond ETF	−2,578	17,250	$442,290
ITUB	Itau Unibanco Holding S.A.	−2,510	49,750	$424,367
IBMQ	iShares iBonds Dec 2028 Term Muni Bond ETF	−2,433	13,670	$343,663
INFY	Infosys Ltd	−2,337	11,467	$123,384
SMFG	Sumitomo Mitsui Financial Group, Inc.	−2,271	18,008	$466,587
—		−2,214	12,942	$0
VOD	Vodafone Group Public Ltd Co	−2,155	29,646	$478,782
BBDC	Barings BDC, Inc.	−2,155	10,503	$90,535
HMC	Honda Motor Co Ltd	−2,122	8,451	$267,051
—		−1,852	45,167	$0
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SCHF	Schwab International Equity ETF	595,537	$16,359,401
SCHV	Schwab U.S. Large-Cap Value ETF	410,087	$13,659,997
SCHG	Schwab U.S. Large-Cap Growth ETF	240,704	$8,648,494
FNDX	Schwab Fundamental U.S. Large Company ETF	230,445	$7,252,104
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	82,369	$6,292,991
VOO	VANGUARD 500 INDEX FUND	8,919	$6,250,970
IBIE	iShares iBonds Oct 2028 Term TIPS ETF	187,510	$4,811,506
SPSB	State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF	125,779	$3,721,800
SCHM	Schwab U.S. Mid-Cap ETF	104,786	$3,564,819
SCHA	Schwab U.S. Small-Cap ETF	100,192	$3,269,264
FNDA	Schwab Strategic Trust	76,018	$2,660,630
EFAX	State Street(R) SPDR(R) MSCI EAFE Fossil Fuel Reserves Free ETF	43,495	$2,330,027
ESGV	VANGUARD ESG U.S. STOCK ETF	14,352	$1,945,126
PYLD		76,309	$1,937,485
IAU	Ishares Gold Trust	18,460	$1,441,726
VEA	Vanguard FTSE Developed Markets ETF	15,822	$1,117,191
VUG	VANGUARD GROWTH INDEX FUND	11,373	$1,024,821
CVX	Chevron Corp	4,621	$943,654
DFAT	Dimensional U.S. Targeted Value ETF	13,522	$898,401
CVLC	Calvert US Large-Cap Core Responsible Index ETF	6,956	$658,315
SCHE	Schwab Emerging Markets Equity ETF	17,923	$653,293
IVE	iShares S&P 500 Value ETF	2,759	$629,824
PM	Philip Morris International Inc.	2,844	$542,692
SUSB	iShares ESG Aware 1-5 Year USD Corporate Bond ETF	21,083	$515,057
DFAC	Dimensional U.S. Core Equity 2 ETF	11,164	$496,239
No positions match the current search.

Sold Out

Positions the filer fully exited

24 positions

Ticker	Company	Shares	Value
GSK	GSK plc	5,218	$287,981
MTZ	Mastec Inc	881	$283,452
BSX	Boston Scientific Corp	4,403	$276,288
FCN	Fti Consulting, Inc	1,555	$274,877
AGX	Argan Inc	488	$265,789
WCN	Waste Connections, Inc.	1,598	$259,579
PNR	PENTAIR plc	2,898	$252,444
SPOT	Spotify Technology S.A.	513	$248,758
ICLN	iShares Global Clean Energy ETF	13,195	$241,336
APP	AppLovin Corp	603	$239,994
CIEN	Ciena Corp	595	$230,996
MSI	Motorola Solutions, Inc.	520	$225,664
CNA	Cna Financial Corp	4,852	$222,803
AGI	Alamos Gold Inc	4,945	$219,706
AMKR	Amkor Technology, Inc.	4,777	$215,108
NYF	iShares New York Muni Bond ETF	4,046	$214,923
—		4,836	$214,379
APH	Amphenol Corp	1,654	$208,982
OTIS	Otis Worldwide Corp	2,666	$205,495
CASY	Caseys General Stores Inc	281	$204,528
—		1,243	$203,044
FMS	Fresenius Medical Care AG	8,881	$200,355
SVM	Silvercorp Metals Inc	10,886	$116,915
AXIAY	AXIA Energia S.A.	41,825	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

417 tracked positions · $419,322,540 total · filing declares 419 positions · $456,395 · 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 417 positions by value · page 1 of 9

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	77,802	+23,387	$17,768,420	+87.2%	4.24%
SCHF	Schwab International Equity ETF	NEW	595,537	NEW	$16,359,401	NEW	3.90%
AAPL	Apple Inc. Technology	Added	46,919	+14,141	$15,624,965	+87.8%	3.73%
SCHV	Schwab U.S. Large-Cap Value ETF	NEW	410,087	NEW	$13,659,997	NEW	3.26%
MSFT	Microsoft Corp Technology	Added	19,247	+2,812	$9,871,786	+62.3%	2.35%
SCHG	Schwab U.S. Large-Cap Growth ETF	NEW	240,704	NEW	$8,648,494	NEW	2.06%
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	Added	138,925	+29,618	$7,871,490	+20.9%	1.88%
GOOGL	Alphabet Inc. Communication Services	Added	21,529	+4,186	$7,407,698	+48.5%	1.77%
FNDX	Schwab Fundamental U.S. Large Company ETF	NEW	230,445	NEW	$7,252,104	NEW	1.73%
META	Meta Platforms, Inc. PUT + SHARES Communication Services	Added	9,529	+7,073	$6,910,240	+391.8%	1.65%
TAXF	American Century Diversified Municipal Bond ETF	Added	140,393	+22,475	$6,653,224	+12.7%	1.59%
GOOG	Alphabet Inc. Communication Services	Added	18,662	+5,113	$6,358,889	+63.6%	1.52%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	13,811	+427	$6,300,440	+39.3%	1.50%
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	NEW	82,369	NEW	$6,292,991	NEW	1.50%
VOO	VANGUARD 500 INDEX FUND	NEW	8,919	NEW	$6,250,970	NEW	1.49%
DSI	iShares ESG MSCI KLD 400 ETF	Added	41,169	+7,188	$6,018,084	+46.1%	1.44%
VTES	VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF	Added	58,744	+11,799	$5,792,158	+22.0%	1.38%
AMAT	Applied Materials Inc Technology	Added	10,380	+3,469	$5,308,124	+124.7%	1.27%
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	Added	111,335	+20,414	$5,272,825	+16.2%	1.26%
IBIE	iShares iBonds Oct 2028 Term TIPS ETF	NEW	187,510	NEW	$4,811,506	NEW	1.15%
AMZN	Amazon Com Inc Consumer Cyclical	Added	18,068	+4,609	$4,501,642	+60.6%	1.07%
AVGO	Broadcom Inc. Technology	Added	10,898	+2,378	$3,827,268	+45.1%	0.91%
CSCO	Cisco Systems, Inc. Technology	Reduced	34,621	-2,620	$3,726,258	+29.0%	0.89%
SPSB	State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF	NEW	125,779	NEW	$3,721,800	NEW	0.89%
SCHM	Schwab U.S. Mid-Cap ETF	NEW	104,786	NEW	$3,564,819	NEW	0.85%
AMD	Advanced Micro Devices Inc Technology	Reduced	5,625	-1,005	$3,441,150	+155.1%	0.82%
SCHA	Schwab U.S. Small-Cap ETF	NEW	100,192	NEW	$3,269,264	NEW	0.78%
MU	Micron Technology Inc Technology	Reduced	2,977	-217	$3,170,832	+193.9%	0.76%
MA	Mastercard Inc Financial Services	Reduced	5,533	-5	$3,051,283	+10.3%	0.73%
V	Visa Inc. Financial Services	Added	8,448	+612	$3,035,619	+28.2%	0.72%
ASML	Asml Holding NV Technology	Added	1,664	+102	$3,014,618	+46.1%	0.72%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	18,628	+2,717	$2,706,275	+17.8%	0.65%
JNJ	Johnson & Johnson Healthcare	Added	10,115	+2,591	$2,677,845	+45.6%	0.64%
LLY	ELI LILLY & Co Healthcare	Added	2,302	+454	$2,663,598	+56.7%	0.64%
FNDA	Schwab Strategic Trust	NEW	76,018	NEW	$2,660,630	NEW	0.63%
AXP	American Express Co Financial Services	Added	8,638	+2,280	$2,626,815	+36.6%	0.63%
EFAX	State Street(R) SPDR(R) MSCI EAFE Fossil Fuel Reserves Free ETF	NEW	43,495	NEW	$2,330,027	NEW	0.56%
DELL	Dell Technologies Inc. Technology	Added	4,291	+552	$2,308,343	+276.1%	0.55%
ADI	Analog Devices Inc Technology	Added	5,354	+1,763	$2,123,985	+85.9%	0.51%
TSLA	Tesla, Inc. Consumer Cyclical	Added	5,905	+3,251	$2,095,153	+112.4%	0.50%
LRCX	Lam Research Corp Technology	Added	6,258	+147	$2,055,815	+57.5%	0.49%
NVS	Novartis AG Healthcare	Added	14,371	+1,796	$2,048,873	+6.7%	0.49%
PANW	Palo Alto Networks Inc Technology	Added	5,044	+5	$2,004,031	+148.1%	0.48%
SAP	Sap SE Technology	Added	9,396	+13	$1,958,878	+21.9%	0.47%
ESGV	VANGUARD ESG U.S. STOCK ETF	NEW	14,352	NEW	$1,945,126	NEW	0.46%
PYLD		NEW	76,309	NEW	$1,937,485	NEW	0.46%
INTC	Intel Corp Technology	Added	15,807	+5,491	$1,900,475	+317.5%	0.45%
CHT	Chunghwa Telecom Co Ltd Communication Services	Added	39,820	+312	$1,811,013	+8.5%	0.43%
ABBV	AbbVie Inc. Healthcare	Added	6,788	+1,261	$1,775,672	+47.7%	0.42%
COST	Costco Wholesale Corp Consumer Defensive	Added	1,878	+723	$1,709,618	+48.5%	0.41%

Showing the top 50 of 417 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.