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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
201 SOUTH STATE CORP COM USD2.5 3,685 236,000 0.04%
202 POWERSHARES ETF TRUST 2,495 235,000 0.04%
203 AMAZON COM INC 397 235,000 0.04%
204 BAKER HUGHES INC 5,376 235,000 0.04%
205 YUM BRANDS INC 2,831 231,000 0.04%
206 ISHARES TR 2,063 228,000 0.04%
207 AMERICAN EXPRESS CO 3,666 225,000 0.04%
208 JOHNSON CTLS INTL PLC 5,773 224,000 0.04%
209 ABBVIE INC 3,925 224,000 0.04%
210 ALPS ETF TR 12,221 223,000 0.04%
211 NEWELL BRANDS 5,000 221,000 0.04%
212 BARCLAYS BANK PLC 8,300 217,000 0.04%
213 BP PLC 7,196 217,000 0.04%
214 TJX COS INC NEW 2,772 217,000 0.04%
215 RAYMOND JAMES FINANC 4,500 214,000 0.04%
216 VANGUARD INDEX FDS 2,128 213,000 0.04%
217 FORD MTR CO DEL 15,678 211,000 0.04%
218 ETFS GOLD TR 1,750 210,000 0.04%
219 CATERPILLAR INC 2,745 210,000 0.04%
220 VANGUARD INDEX FDS 1,730 209,000 0.04%
221 SPROTT PHYSICAL GOLD TRUST 20,500 207,000 0.04%
222 REALTY INCOME CORP 3,293 205,000 0.04%
223 HENRY SCHEIN INC 1,186 204,000 0.04%
224 CITIGROUPINC 4,804 200,000 0.04%
225 UNITEDHEALTH GROUP INC 1,550 199,000 0.04%
226 EXPRESS SCRIPTS HLDG CO 2,872 197,000 0.04%
227 FIFTH THIRD BANCORP 11,756 196,000 0.04%
228 TARGET CORP 2,370 195,000 0.04%
229 HERSHEY CO 2,056 189,000 0.04%
230 SELECT SECTOR SPDR TR 2,773 187,000 0.03%
231 EOG RES INC 2,560 185,000 0.03%
232 ETFS SILVER TR 12,000 181,000 0.03%
233 US BANCORP DEL 4,442 180,000 0.03%
234 ADOBE INC 1,904 178,000 0.03%
235 STATE STR CORP 3,000 175,000 0.03%
236 BLACKSTONE GROUP L P 6,230 174,000 0.03%
237 VANGUARD BD INDEX FDS 2,018 174,000 0.03%
238 FACEBOOK INC 1,495 170,000 0.03%
239 NORFOLK SOUTHERN CORP 2,020 168,000 0.03%
240 ALLSTATE CORP 2,508 168,000 0.03%
241 TEVA PHARMACEUTICAL INDS LTD 3,149 168,000 0.03%
242 PNC FINL SVCS GROUP INC 1,974 166,000 0.03%
243 ISHARES TR 1,535 166,000 0.03%
244 CHUBB LIMITED 1,388 165,000 0.03%
245 WISDOMTREE TR 3,444 163,000 0.03%
246 GENERAL DYNAMICS CORP 1,243 163,000 0.03%
247 ISHARES TR 1,367 162,000 0.03%
248 HANESBRANDS INC 5,620 159,000 0.03%
249 ALIGN TECHNOLOGY INC 2,170 157,000 0.03%
250 ITC HOLDINGS 3,600 156,000 0.03%
Page 5 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.