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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 (2015Q4)
Portfolio Summary: 1,191 holdings with a total value of $480,362,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 VENTAS INC 6,211 350,000 0.07%
152 COCA COLA BOTTLING CO CONS 1,901 346,000 0.07%
153 BOEING CO 2,383 344,000 0.07%
154 COSTCO WHSL CORP NEW 2,131 344,000 0.07%
155 POWERSHARES ETF TRUST 8,325 344,000 0.07%
156 ISHARES TR 2,965 343,000 0.07%
157 ETRACS MONTHLY PAY 2XLEVERAGED MORTGAGE REIT ETN 25,500 338,000 0.07%
158 POWERSHARES QQQ TRUST 2,950 329,000 0.07%
159 COLGATE PALMOLIVE CO 4,869 324,000 0.07%
160 ALPHABET INC 421 319,000 0.07%
161 VANGUARD BD INDEX FDS 3,904 315,000 0.07%
162 WISDOMTREE TR 11,673 308,000 0.06%
163 SELECT SECTOR SPDR TR 5,094 307,000 0.06%
164 EGA EMERGING GLOBAL SHS TR 21,020 304,000 0.06%
165 ISHARES INC 7,705 303,000 0.06%
166 ISHARES TR 5,423 302,000 0.06%
167 PPG INDS INC 3,024 298,000 0.06%
168 STARBUCKS CORP 4,863 291,000 0.06%
169 DOLLAR TREE INC 3,626 279,000 0.06%
170 ANADARKO PETR 5,568 270,000 0.06%
171 CITIGROUP INC 5,181 268,000 0.06%
172 GENERAL MLS INC 4,616 266,000 0.06%
173 SOUTH STATE CORP COM USD2.5 3,685 265,000 0.06%
174 RAYMOND JAMES FINANC 4,500 260,000 0.05%
175 ZIMMER BIOMET HLDGS INC 2,522 258,000 0.05%
176 AMERICAN TOWER CORP NEW 2,655 257,000 0.05%
177 ILLINOIS TOOL WKS INC 2,774 257,000 0.05%
178 SPDR SER TR 3,483 256,000 0.05%
179 SPECTRA ENERGY PARTNERS LP 5,377 256,000 0.05%
180 AMERICAN EXPRESS CO 3,671 255,000 0.05%
181 PAYCHEX INC 4,834 255,000 0.05%
182 ABBOTT LABS 5,636 253,000 0.05%
183 UBS AG JERSEY BRH 12,500 253,000 0.05%
184 BAKER HUGHES INC 5,476 252,000 0.05%
185 EXPRESS SCRIPTS HLDG CO 2,850 249,000 0.05%
186 LUMEN TECHNOLOGIES INC 9,883 248,000 0.05%
187 ISHARES CORE MSCI EUROPE ETF 5,870 247,000 0.05%
188 CLAYMORE EXCHANGE TRD FD TR 9,850 245,000 0.05%
189 RYDEX ETF TRUST 3,078 235,000 0.05%
190 GLAXOSMITHKLINE PLC 5,770 232,000 0.05%
191 VANGUARD INDEX FDS 2,900 231,000 0.05%
192 FIFTH THIRD BANCORP 11,491 230,000 0.05%
193 CONSOLIDATED EDISON INC 3,588 230,000 0.05%
194 FIRST TRUST EXCH TRADED FUND 2 CONSUMR STAPLE ETF 5,194 230,000 0.05%
195 COMCAST CORP NEW 4,063 229,000 0.05%
196 WISDOMTREE TR 4,503 225,000 0.05%
197 POWERSHARES ETF TRUST 2,405 225,000 0.05%
198 POWERSHARES GLOBAL ETF FD 11,000 225,000 0.05%
199 PNC FINL SVCS GROUP INC 2,344 223,000 0.05%
200 BARCLAYS BANK PLC 8,300 220,000 0.05%
Page 4 of 24

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000909012-16-000356, filed 2016.01.12).

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.