Dark
Light
System
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
351 INVESCO ADVANTAGE MUN INCOME 5,850 68,000 0.01%
352 FIRST TR EXCHANGE TRADED FD 3,770 67,000 0.01%
353 CATO CORP NEW CL A 1,842 67,000 0.01%
354 METTLER-TOLEDO 200 67,000 0.01%
355 CELGENE CORP 564 67,000 0.01%
356 ANNALY CAP MGMT INC 7,075 66,000 0.01%
357 TWENTY FIRST CENTY FOX INC 2,438 66,000 0.01%
358 SPDR GOLD TR 660 66,000 0.01%
359 BLACKROCK INC 195 66,000 0.01%
360 AETNA INC NEW 610 65,000 0.01%
361 DEERE & CO 864 65,000 0.01%
362 ISHARES TR 740 65,000 0.01%
363 Van Eck 2,729 65,000 0.01%
364 EDWARDS LIFESCIENCES CORP 800 63,000 0.01%
365 BB&T Corp Dep SHS 2,510 63,000 0.01%
366 LOCKHEED MARTIN CORP 294 63,000 0.01%
367 CROWN CASTLE INTL CORP NEW 738 63,000 0.01%
368 DANAHER CORP DEL 670 62,000 0.01%
369 ROYAL DUTCH SHELL PLC 1,364 62,000 0.01%
370 Liberty Media Corp 1,638 62,000 0.01%
371 BAIDU INC 330 62,000 0.01%
372 ROYAL DUTCH SHELL PLC 1,348 61,000 0.01%
373 HALLIBURTON CO 1,778 60,000 0.01%
374 Aaron's Inc 2,700 60,000 0.01%
375 W P CAREY INC 1,031 60,000 0.01%
376 CLAYMORE EXCHANGE TRD FD TR 2,318 59,000 0.01%
377 POWERSHARES ETF TR II 2,438 59,000 0.01%
378 CMS ENERGY CORP 1,621 58,000 0.01%
379 ENERGY TRANSFER PRTNRS L P 1,675 56,000 0.01%
380 S&P GLOBAL INC 573 56,000 0.01%
381 ROCKWELL AUTOMATION INC 554 56,000 0.01%
382 STRYKER CORP 610 56,000 0.01%
383 PAYPAL HLDGS INC 1,542 55,000 0.01%
384 BT GROUP PLC 1,600 55,000 0.01%
385 REGENERON PHARMACEUTICALS 102 55,000 0.01%
386 LAUDER ESTEE COS INC 621 54,000 0.01%
387 FULTON FINL CORP PA 4,166 54,000 0.01%
388 TAIWAN SEMICONDUCTOR MFG LTD 2,370 53,000 0.01%
389 DNP SELECT INCOME FD INC 5,938 53,000 0.01%
390 HCP INC 1,395 53,000 0.01%
391 QEP RES INC 4,000 53,000 0.01%
392 PUBLIC STORAGE 212 52,000 0.01%
393 NUVEEN NORTH CAROLINA QLTY M 4,013 52,000 0.01%
394 HSBC HLDGS PLC 2,040 52,000 0.01%
395 ISHARES TR 1,045 52,000 0.01%
396 BUCKEYE PARTNERS L P 800 52,000 0.01%
397 WISDOMTREE TR 650 52,000 0.01%
398 SPDR DOW JONES REIT ETF 557 51,000 0.01%
399 ATMOS ENERGY CORP 824 51,000 0.01%
400 VANGUARD WORLD FD 386 51,000 0.01%
Page 8 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.