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 (2016Q4)
Portfolio Summary: 1,237 holdings with a total value of $700,831,000.
#
Name
Shares
Value ($)
%
Options
Notes
1201 WELLS FARGO & CO NEW 63,884 3,520,000 0.50%
1202 Spectra Energy Corp Com 88,605 3,640,000 0.52%
1203 PROCTER AND GAMBLE CO 47,053 3,956,000 0.56%
1204 VANGUARD SCOTTSDALE FDS 51,253 4,067,000 0.58%
1205 LOWES COS INC 57,838 4,113,000 0.59%
1206 SCHWAB STRATEGIC TRUST SCHWAB FUNDAMENTAL US 134,199 4,378,000 0.62%
1207 COCA COLA CO 105,600 4,378,000 0.62%
1208 ISHARES TR 60,483 4,640,000 0.66%
1209 PFIZER INC 147,775 4,799,000 0.68%
1210 POWERSHARES ETF TR II 185,728 5,014,000 0.72%
1211 J P MORGAN EXCHANGE TRADED F 103,526 5,066,000 0.72%
1212 BANK NEW YORK MELLON CORP 114,725 5,435,000 0.78%
1213 ISHARES TR 221,246 5,648,000 0.81%
1214 POWERSHARES ETF TR II 157,795 5,925,000 0.85%
1215 ISHARES TR 26,454 5,951,000 0.85%
1216 DUKE ENERGY CORP NEW 91,515 7,103,000 1.01%
1217 Park Sterling Corp 665,420 7,179,000 1.02%
1218 DOW CHEM CO 127,750 7,309,000 1.04%
1219 JPMORGAN CHASE & CO 86,927 7,500,000 1.07%
1220 BB&T CORP 163,521 7,688,000 1.10%
1221 VANGUARD SPECIALIZED FUNDS 122,166 10,406,000 1.48%
1222 JOHNSON & JOHNSON 90,809 10,462,000 1.49%
1223 GOLDMAN SACHS ETF TR 249,289 11,058,000 1.58%
1224 GLOBAL X FDS 420,726 11,098,000 1.58%
1225 GLOBAL X FDS 749,332 11,127,000 1.59%
1226 BERKSHIRE HATHAWAY INC DEL 70,335 11,463,000 1.64%
1227 SPDR S&P 500 ETF TR 51,605 11,535,000 1.65%
1228 GENERAL ELECTRIC CO 404,706 12,788,000 1.82%
1229 APPLE INC 113,843 13,185,000 1.88%
1230 WISDOMTREE TR 396,824 13,202,000 1.88%
1231 MICROSOFT CORP 229,312 14,249,000 2.03%
1232 DBX ETF TR 588,607 16,516,000 2.36%
1233 EXXON MOBIL CORP 202,760 18,301,000 2.61%
1234 ISHARES TR 311,628 23,640,000 3.37%
1235 EXCHANGE LISTED FDS TR 1,087,260 28,664,000 4.09%
1236 ISHARES TR 1,707,509 77,213,000 11.02%
1237 POWERSHARES ETF TRUST 1,026,401 102,178,000 14.58%
Page 25 of 25

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0000909012-17-000003, filed 2017.01.11).

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.