PFS INVESTMENTS INC.

CIK

354497

Location

DULUTH, GA

Portfolio Value

Mid $5,874,882,268

Diversification

Diversified

Filing Date

Global Rank

#518 / 7,007 ▼ 2 · as of Jun 2023

Top Industry

Asset Management 8.9%

3Y Alpha vs SPY

-3.6%

Period ended 3 years ago

Filed Aug 14, 2023 · 3y

14 quarters · since Mar 2020

Clone Performance

Sep 2023–Jan 2024 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+4.9%

SPY

+6.0%

Annualised alpha

-3.6%

Max drawdown

−7.7%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Captured split ratios restate closes onto one basis; only an unusable ratio can exclude earlier closes for that listing. It tracks 100% of reported value on average across 1 quarter.PFS INVESTMENTS INC. has stopped filing, so the simulation ends in Jan 2024 — where its last reported portfolio went stale — rather than trading that portfolio forward to today. Past performance does not predict future results.

Portfolio Concentration

408 tracked positions · as of Jun 30, 2023 · Δ vs Mar 31, 2023

Top Position

20.7%

+0.3 pts

Top 5

38.5%

+0.1 pts

Top 10

48.1%

−0.8 pts

HHI

555

Diversified+5

Portfolio Trend

14 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2023

Sector	% Portfolio	Value	Positions
Unclassified	53.3%	$3,131,680,713	56
Financial Services	9.1%	$534,211,128	39
Technology	8.9%	$524,607,097	71
Healthcare	7.5%	$442,299,082	53
Industrials	4.6%	$270,166,216	45
Energy	3.6%	$211,441,162	20
Consumer Cyclical	3.1%	$182,606,211	48
Communication Services	3.1%	$181,765,899	16
Consumer Defensive	3.0%	$177,958,369	25
Utilities	1.8%	$102,987,052	8
Basic Materials	1.3%	$77,062,736	15
Real Estate	0.6%	$38,096,603	12

Last Quarter's Activity

Export CSV

Jun 30, 2023 vs Mar 31, 2023

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AAXJ	iShares MSCI All Country Asia ex Japan ETF	+1,376,398	16,690,722	$1,214,674,680
CWI	State Street SPDR MSCI ACWI ex-US ETF	+773,412	8,528,194	$283,652,796
AFK	VanEck Africa Index ETF	+640,397	2,163,511	$79,908,393
BSCA	Invesco BulletShares 2036 Corporate Bond ETF	+545,655	3,847,945	$147,401,917
T	At&T Inc.	+500,094	2,903,250	$46,306,837
MTB	M&T Bank Corp	+226,391	314,323	$38,900,614
BAB	Invesco Taxable Municipal Bond ETF	+203,179	8,104,045	$235,438,414
EMR	Emerson Electric Co	+174,027	450,921	$40,758,749
MLCO	Melco Resorts & Entertainment LTD	+166,014	317,632	$3,878,286
COF	Capital One Financial Corp	+155,210	308,571	$33,748,410
ONON	On Holding AG	+150,813	278,426	$9,188,058
GPK	Graphic Packaging Holding Co	+148,966	295,548	$7,102,018
HLN	Haleon plc	+137,467	595,205	$4,987,817
CVY	Invesco Zacks Multi-Asset Income ETF	+104,585	2,304,700	$128,902,626
IVZ	Invesco Ltd.	+94,359	3,782,022	$214,793,960
BSX	Boston Scientific Corp	+76,160	221,401	$11,975,580
ENB	Enbridge Inc	+76,046	1,420,970	$52,789,035
BRBR	Bellring Brands, Inc.	+64,002	73,531	$2,691,234
BIV	Vanguard Intermediate-Term Bond ETF	+61,185	445,460	$32,380,487
BKF	iShares MSCI BIC ETF	+58,429	386,176	$13,155,723
WMB	Williams Companies, Inc.	+54,013	409,100	$13,348,933
AFGR	First Trust Active Factor Large Cap Growth ETF	+53,428	894,569	$39,513,112
LVS	Las Vegas Sands Corp	+51,670	142,004	$8,236,232
CMCSA	Comcast Corp	+45,853	1,903,442	$79,088,104
ABI	VictoryShares Pioneer Asset-Based Income ETF	+44,511	571,391	$85,502,949
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BIL	State Street SPDR Bloomberg 1-3 Month T-Bill ETF	−1,312,423	498,072	$19,342,332
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	−827,742	6,784,730	$313,389,099
MDLZ	Mondelez International, Inc.	−81,099	151,129	$11,023,349
ACYN	FT Vest Laddered Autocallable Barrier & Income ETF	−77,483	246,498	$9,882,104
QQQ	Invesco Qqq Trust, Series 1	−53,949	281,931	$104,150,950
MPC	Marathon Petroleum Corp	−48,283	42,672	$4,975,555
ALLW	SSGA Active Trust State Street Bridgewater All Weather ETF	−36,828	909,439	$37,125,941
GLDM	World Gold Trust	−32,367	430,206	$16,386,546
AVGO	Broadcom Inc.	−30,375	80,531	$69,855,005
CDW	CDW Corp	−27,877	1,384	$253,964
GBIL	Goldman Sachs Access Treasury 0-1 Year ETF	−25,234	642,586	$20,145,071
FNDA	Schwab Fundamental U.S. Small Company ETF	−22,490	415,613	$0
ACM	Aecom	−20,604	84,581	$7,163,164
AVY	Avery Dennison Corp	−19,507	9,558	$1,642,064
LNG	Cheniere Energy, Inc.	−17,446	73,902	$11,259,708
TPR	Tapestry, Inc.	−17,015	127,605	$5,461,494
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	−16,109	876,576	$26,999,429
ORCL	Oracle Corp	−12,529	68,112	$8,111,458
FISV	Fiserv Inc	−11,915	56,016	$7,066,418
STX	Seagate Technology Holdings plc	−11,614	49,779	$3,079,826
GOOGL	Alphabet Inc.	−9,682	157,201	$18,828,422
GIS	General Mills Inc	−9,207	56,725	$4,350,807
ULTA	Ulta Beauty, Inc.	−7,856	12,036	$5,664,141
VZ	Verizon Communications Inc	−7,723	129,015	$4,798,067
VB	Vanguard Morningstar Small-Cap ETF	−5,811	88,581	$736,078
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
APO	Apollo Global Management, Inc.	178,616	$13,719,494
AGGY	WisdomTree Yield Enhanced U.S. Aggregate Bond Fund	184,016	$12,266,506
FTNT	Fortinet, Inc.	104,519	$7,900,591
SYY	Sysco Corp	53,627	$3,979,123
WAT	Waters Corp /De/	11,732	$3,127,047
PSA	Public Storage	9,954	$2,905,373
STAG	STAG Industrial, Inc.	78,778	$2,826,554
ACLS	Axcelis Technologies Inc	14,237	$2,610,069
PINS	Pinterest, Inc.	82,751	$2,262,412
GTLB	Gitlab Inc.	9,563	$488,764
VIGI	Vanguard International Dividend Appreciation ETF	6,344	$400,940
RAMP	LiveRamp Holdings, Inc.	10,355	$295,738
DASH	DoorDash, Inc.	3,358	$256,618
LULU	lululemon athletica inc.	617	$233,534
C	Citigroup Inc	4,927	$226,839
CASY	Caseys General Stores Inc	928	$226,320
ZBH	Zimmer Biomet Holdings, Inc.	1,543	$224,660
PTLO	Portillo's Inc.	9,935	$223,835
BKNG	Booking Holdings Inc.	82	$221,427
FDX	Fedex Corp	891	$220,878
ATS	ATS Corp /ATS	4,745	$218,697
INSM	INSMED Inc	10,216	$215,557
BSY	Bentley Systems Inc	3,746	$203,145
GPC	Genuine Parts Co	1,189	$201,214
REZI	Resideo Technologies, Inc.	10,185	$179,867
No positions match the current search.

Sold Out

Positions the filer fully exited

24 positions

Ticker	Company	Shares	Value
OMC	Omnicom Group Inc.	259,275	$24,460,003
TFC	Truist Financial Corp	142,045	$4,843,734
BBY	Best Buy Co Inc	56,290	$4,405,818
FSLR	First Solar, Inc.	17,813	$3,874,327
HALO	Halozyme Therapeutics, Inc.	96,560	$3,687,626
HUM	Humana Inc	6,309	$3,062,767
MXL	Maxlinear, Inc	70,658	$2,487,868
GD	General Dynamics Corp	8,389	$1,914,453
PKG	Packaging Corp Of America	12,566	$1,744,537
MP	MP Materials Corp. / DE	61,153	$1,723,903
SKIN	SkinHealth Systems Inc.	127,809	$1,614,227
LYFT	Lyft, Inc.	74,848	$693,840
QCOM	Qualcomm Inc/De	2,100	$267,918
DHR	Danaher Corp /De/	975	$245,738
AMCX	AMC Global Media Inc.	13,854	$243,553
REGN	Regeneron Pharmaceuticals, Inc.	253	$207,882
AXON	Axon Enterprise, Inc.	913	$205,288
MQ	Marqeta, Inc.	16,558	$75,670
HRI	Herc Holdings Inc	25,924	$2,648
ENPH	Enphase Energy, Inc.	10,171	$1,943
UP	Wheels Up Experience Inc.	20,100	$10
—		40,470	$0
—		3,414	$0
—		11,674	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

408 tracked positions · $5,874,882,268 total · filing declares 512 positions · $6,123,311 · as of Jun 30, 2023

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

Showing 1–50 of 408 positions by value · page 1 of 9

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAXJ	iShares MSCI All Country Asia ex Japan ETF	Added	16,690,722	+1,376,398	$1,214,674,680	+8.4%	20.68%
BWX	State Street SPDR Bloomberg International Treasury Bond ETF	Reduced	6,784,730	-827,742	$313,389,099	−2.1%	5.33%
CWI	State Street SPDR MSCI ACWI ex-US ETF	Added	8,528,194	+773,412	$283,652,796	+11.3%	4.83%
BAB	Invesco Taxable Municipal Bond ETF	Added	8,104,045	+203,179	$235,438,414	+1.7%	4.01%
IVZ	Invesco Ltd. Financial Services	Added	3,782,022	+94,359	$214,793,960	+13.4%	3.66%
BSCA	Invesco BulletShares 2036 Corporate Bond ETF	Added	3,847,945	+545,655	$147,401,917	+25.1%	2.51%
CVY	Invesco Zacks Multi-Asset Income ETF	Added	2,304,700	+104,585	$128,902,626	+9.5%	2.19%
QQQ	Invesco Qqq Trust, Series 1	Reduced	281,931	-53,949	$104,150,950	−3.4%	1.77%
BBAG	JPMorgan BetaBuilders U.S. Aggregate Bond ETF	Added	1,760,408	+11,441	$96,162,835	+2.6%	1.64%
ABI	VictoryShares Pioneer Asset-Based Income ETF	Added	571,391	+44,511	$85,502,949	+12.2%	1.46%
AFK	VanEck Africa Index ETF	Added	2,163,511	+640,397	$79,908,393	+27.5%	1.36%
CMCSA	Comcast Corp Communication Services	Added	1,903,442	+45,853	$79,088,104	+12.3%	1.35%
CSCO	Cisco Systems, Inc. Technology	Added	1,384,382	+37,267	$71,627,924	+1.7%	1.22%
AVGO	Broadcom Inc. Technology	Reduced	80,531	-30,375	$69,855,005	−1.8%	1.19%
JPM	Jpmorgan Chase & Co Financial Services	Added	417,575	+21,056	$60,732,108	+17.5%	1.03%
UPS	United Parcel Service Inc Industrials	Added	299,718	+6,542	$53,724,451	−5.5%	0.91%
ENB	Enbridge Inc Energy	Added	1,420,970	+76,046	$52,789,035	+2.9%	0.90%
BMY	Bristol Myers Squibb Co Healthcare	Added	819,878	+38,938	$52,431,198	−3.1%	0.89%
ABBV	AbbVie Inc. Healthcare	Added	369,535	+16,371	$49,787,450	−11.5%	0.85%
GILD	Gilead Sciences, Inc. Healthcare	Added	632,028	+28,124	$48,710,397	−2.8%	0.83%
CVX	Chevron Corp Energy	Added	307,245	+16,362	$48,345,000	+1.9%	0.82%
SRE	Sempra Utilities	Added	329,062	+21,710	$47,908,136	+3.1%	0.82%
IBM	International Business Machines Corp Technology	Added	350,045	+16,304	$46,839,521	+7.1%	0.80%
T	At&T Inc. Communication Services	Added	2,903,250	+500,094	$46,306,837	+0.1%	0.79%
MSFT	Microsoft Corp Technology	Reduced	135,363	-3,893	$46,096,516	+14.8%	0.78%
JNJ	Johnson & Johnson Healthcare	Added	275,788	+12,745	$45,648,429	+12.0%	0.78%
AAPL	Apple Inc. Technology	Added	233,997	+5,856	$45,388,398	+20.6%	0.77%
HD	Home Depot, Inc. Consumer Cyclical	Added	145,071	+6,012	$45,064,855	+9.8%	0.77%
MO	Altria Group, Inc. Consumer Defensive	Added	973,449	+42,837	$44,097,239	+6.2%	0.75%
PSX	Phillips 66 Energy	Added	451,146	+26,513	$43,030,305	−0.0%	0.73%
CVS	CVS HEALTH Corp Healthcare	Added	609,582	+40,924	$42,140,403	−0.3%	0.72%
LMT	Lockheed Martin Corp Industrials	Added	89,195	+4,239	$41,063,594	+2.2%	0.70%
EMR	Emerson Electric Co Industrials	Added	450,921	+174,027	$40,758,749	+68.9%	0.69%
AFGR	First Trust Active Factor Large Cap Growth ETF	Added	894,569	+53,428	$39,513,112	+4.3%	0.67%
MTB	M&T Bank Corp Financial Services	Added	314,323	+226,391	$38,900,614	+270.0%	0.66%
ALLW	SSGA Active Trust State Street Bridgewater All Weather ETF	Reduced	909,439	-36,828	$37,125,941	−4.7%	0.63%
MDT	Medtronic plc Healthcare	Added	395,643	+16,000	$34,856,148	+13.9%	0.59%
COF	Capital One Financial Corp Financial Services	Added	308,571	+155,210	$33,748,410	+128.8%	0.57%
VIG	Vanguard Dividend Appreciation ETF	Reduced	232,604	-115	$32,690,019	+4.1%	0.56%
TRV	Travelers Companies, Inc. Financial Services	Added	187,300	+9,398	$32,526,518	+6.7%	0.55%
BIV	Vanguard Intermediate-Term Bond ETF	Added	445,460	+61,185	$32,380,487	+14.1%	0.55%
GLW	Corning Inc /Ny Technology	Added	885,248	+35,105	$31,019,089	+3.4%	0.53%
BILZ	PIMCO Ultra Short Government Active ETF	Added	348,149	+21,925	$30,592,938	+6.1%	0.52%
EVRG	Evergy, Inc. Utilities	Added	517,887	+26,331	$30,254,958	+0.7%	0.51%
PM	Philip Morris International Inc. Consumer Defensive	Added	309,114	+14,092	$30,175,708	+5.2%	0.51%
TSN	Tyson Foods, Inc. Consumer Defensive	Added	571,013	+34,134	$29,144,503	−8.5%	0.50%
UNH	Unitedhealth Group Inc Healthcare	Added	60,118	+3,231	$28,895,115	+7.5%	0.49%
DVVY	Invesco Diversified Dividend Opportunities ETF	Added	654,487	+21,982	$27,572,003	+1.7%	0.47%
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	Reduced	876,576	-16,109	$26,999,429	−2.9%	0.46%
AMZN	Amazon Com Inc Consumer Cyclical	Added	196,976	+35,956	$25,677,791	+54.4%	0.44%

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.