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Institutional Investment Manager
Carroll Financial Associates, Inc.
Carroll Financial Associates, Inc. (CIK: 0001567784) incorporated in North Carolina, located at 4521 Sharon Road, Charlotte, NC. Institutional holdings reported to the SEC.

Institutional Holdings (2015Q1)
Portfolio Summary: 875 holdings with a total value of $227,589,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 NUCOR CORP 17,954 853,000 0.37%
52 VANGUARD INDEX FDS 7,482 802,000 0.35%
53 VERIZON COMMUNICATIONS INC 16,343 795,000 0.35%
54 FEDEX CORP 4,739 784,000 0.34%
55 PIEDMONT NAT GAS INC 20,803 768,000 0.34%
56 Union Bankshares Corporation 34,011 755,000 0.33%
57 VANGUARD INDEX FDS 8,950 749,000 0.33%
58 HOME DEPOT INC 6,397 727,000 0.32%
59 ALTRIA GROUP INC 14,179 709,000 0.31%
60 MCDONALDS CORP 7,236 705,000 0.31%
61 POWERSHARES ETF TR II 18,310 694,000 0.30%
62 AT&T INC 21,018 686,000 0.30%
63 ISHARES TR 8,563 667,000 0.29%
64 BAXTER INTL INC 9,612 658,000 0.29%
65 FIAT CHRYSLER AUTOMOBILES N 40,171 654,000 0.29%
66 WAL-MART STORES INC 7,583 624,000 0.27%
67 DISNEY WALT CO 5,937 623,000 0.27%
68 DU PONT E I DE NEMOURS & CO 8,713 623,000 0.27%
69 ISHARES TR 1,810 622,000 0.27%
70 CLAYMORE EXCHANGE TRD FD TR 22,620 587,000 0.26%
71 VANGUARD INDEX FDS 6,068 561,000 0.25%
72 CONOCOPHILLIPS 8,747 545,000 0.24%
73 POWERSHARES ETF TRUST 25,050 534,000 0.23%
74 SCANA 9,700 533,000 0.23%
75 BECTON DICKINSON & CO 3,688 530,000 0.23%
76 MERCK & CO INC 8,947 514,000 0.23%
77 UNILEVER N V 12,218 510,000 0.22%
78 AMGEN INC 3,039 486,000 0.21%
79 EMERSON ELEC CO 8,488 481,000 0.21%
80 HATTERAS FINL CORP 25,350 460,000 0.20%
81 POWERSHARES ETF TR II 30,585 456,000 0.20%
82 BRISTOL MYERS SQUIBB CO 7,044 454,000 0.20%
83 AFLAC INC 7,021 449,000 0.20%
84 RANGE RES CORP 8,612 448,000 0.20%
85 VANGUARD INDEX FDS 4,599 438,000 0.19%
86 ISHARES TR 4,391 434,000 0.19%
87 BOEING CO 2,873 431,000 0.19%
88 CLOROX CO DEL 3,825 422,000 0.19%
89 ROYAL BK CDA MONTREAL QUE 6,783 409,000 0.18%
90 BAKER HUGHES INC 6,325 402,000 0.18%
91 SELECT SECTOR SPDR TR 5,127 398,000 0.17%
92 UNITED PARCEL SERVICE INC 4,014 389,000 0.17%
93 INTEL CORP 12,215 382,000 0.17%
94 OCCIDENTAL PETE CORP DEL 5,208 380,000 0.17%
95 SCHLUMBERGER LTD 4,485 374,000 0.16%
96 COLUMBIA PPTY TR INC 13,680 370,000 0.16%
97 MEDTRONIC PLC 4,701 367,000 0.16%
98 VANGUARD WORLD FD 3,435 366,000 0.16%
99 SOUTHWESTERN ENERGY CO 14,985 348,000 0.15%
100 CVS HEALTH CORP 3,235 334,000 0.15%
Page 2 of 18

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000909012-15-000182, filed 2015.04.23).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.