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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 (2016Q1)
Portfolio Summary: 1,245 holdings with a total value of $538,316,000.
#
Name
Shares
Value ($)
%
Options
Notes
151 WISDOMTREE INVTS INC 36,198 413,000 0.08%
152 ALPHABET INC 538 410,000 0.08%
153 BOEING CO 3,183 404,000 0.08%
154 POWERSHARES QQQ TRUST 3,691 403,000 0.07%
155 ISHARES INC 9,443 393,000 0.07%
156 MONSANTO CO NEW 4,358 382,000 0.07%
157 UBS AG LONDON BRH 23,500 376,000 0.07%
158 UNION PAC CORP 4,683 372,000 0.07%
159 COLGATE PALMOLIVE CO 5,231 369,000 0.07%
160 COSTCO WHSL CORP NEW 2,332 367,000 0.07%
161 VANGUARD INDEX FDS 4,310 361,000 0.07%
162 FERRARI N V 8,669 360,000 0.07%
163 ISHARES TR 3,532 352,000 0.07%
164 GLAXOSMITHKLINE PLC 8,667 351,000 0.07%
165 SELECT SECTOR SPDR TR 5,561 344,000 0.06%
166 ISHARES TR 2,965 343,000 0.06%
167 PPG INDS INC 3,044 339,000 0.06%
168 SUNTRUST BKS INC 9,399 339,000 0.06%
169 NOVARTIS A G 4,547 329,000 0.06%
170 UBS AG LONDON BRH ETRACS MTH2XRE 24,700 327,000 0.06%
171 VANGUARD TAX-MANAGED FDS 8,939 320,000 0.06%
172 ALPHABET INC 427 318,000 0.06%
173 LUMEN TECHNOLOGIES INC 9,883 315,000 0.06%
174 VANGUARD BD INDEX FDS 3,727 308,000 0.06%
175 LILLY ELI & CO 4,277 307,000 0.06%
176 EGA EMERGING GLOBAL SHS TR 19,320 304,000 0.06%
177 DOLLAR TREE INC 3,663 302,000 0.06%
178 SPDR SER TR 3,656 292,000 0.05%
179 STARBUCKS CORP 4,806 286,000 0.05%
180 CONSOLIDATED EDISON INC 3,733 286,000 0.05%
181 ILLINOIS TOOL WKS INC 2,784 285,000 0.05%
182 SELECT SECTOR SPDR TR 12,424 279,000 0.05%
183 COMCAST CORP NEW 4,543 277,000 0.05%
184 APOLLO SR FLOATING RATE FD INC COM 18,225 277,000 0.05%
185 CHICAGO BRIDGE & IRON CO N V 7,537 275,000 0.05%
186 AMERICAN TOWER CORP NEW 2,681 274,000 0.05%
187 NEXTERA ENERGY INC 2,314 273,000 0.05%
188 VANGUARD WORLD FD 3,260 271,000 0.05%
189 FIRST TRUST EXCH TRADED FUND 2 CONSUMR STAPLE ETF 5,844 269,000 0.05%
190 ZIMMER BIOMET HLDGS INC 2,522 268,000 0.05%
191 SPECTRA ENERGY PARTNERS LP 5,538 266,000 0.05%
192 COCA COLA CONS INC COM 1,651 263,000 0.05%
193 ISHARES TR 4,648 260,000 0.05%
194 ANADARKO PETE CORP 5,478 255,000 0.05%
195 CLAYMORE EXCHANGE TRD FD TR 9,890 255,000 0.05%
196 POWERSHARES ETF TR II 6,847 251,000 0.05%
197 CLAYMORE EXCHANGE TRD FD TR 9,850 251,000 0.05%
198 ABBOTT LABS 5,921 247,000 0.05%
199 RYDEX ETF TRUST 3,078 241,000 0.04%
200 ISHARES CORE MSCI EUROPE ETF 5,825 239,000 0.04%
Page 4 of 25

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000909012-16-000487, filed 2016.04.20).

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.