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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 (2015Q3)
Portfolio Summary: 1,223 holdings with a total value of $451,014,000.
#
Name
Shares
Value ($)
%
Options
Notes
1201 COCA COLA CO 104,801 4,421,000 0.98%
1202 POWERSHARES ETF TRUST 97,052 4,444,000 0.99%
1203 BANK NEW YORK MELLON CORP 119,318 4,872,000 1.08%
1204 BB&T CORP 142,316 5,163,000 1.14%
1205 DUKE ENERGY CORP NEW 70,891 5,236,000 1.16%
1206 DBX ETF TR 205,924 5,345,000 1.19%
1207 JPMORGAN CHASE & CO 93,187 5,783,000 1.28%
1208 JPMORGAN CHASE & CO 184,992 6,154,000 1.36%
1209 Park Sterling Corp 918,204 6,510,000 1.44%
1210 DOW CHEM CO 138,883 6,594,000 1.46%
1211 DBX ETF TR 260,304 7,103,000 1.57%
1212 Spectra Energy Corp Com 257,081 7,388,000 1.64%
1213 VANGUARD SPECIALIZED FUNDS 99,315 7,660,000 1.70%
1214 JOHNSON & JOHNSON 88,571 8,647,000 1.92%
1215 SPDR S&P 500 ETF TR 46,156 9,316,000 2.07%
1216 POWERSHARES ACTIVE MNG ETF T 388,127 9,396,000 2.08%
1217 BERKSHIRE HATHAWAY INC DEL 71,231 9,489,000 2.10%
1218 GENERAL ELECTRIC CO 343,070 9,897,000 2.19%
1219 MICROSOFT CORP 238,350 11,250,000 2.49%
1220 APPLE INC 103,598 11,785,000 2.61%
1221 EXXON MOBIL CORP 175,656 14,089,000 3.12%
1222 POWERSHARES ETF TRUST 472,986 41,329,000 9.16%
1223 ISHARES TR 1,550,091 64,158,000 14.23%
Page 25 of 25

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000909012-15-000313, filed 2015.10.28).

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.