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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 (2016Q4)
Portfolio Summary: 1,237 holdings with a total value of $700,831,000.
#
Name
Shares
Value ($)
%
Options
Notes
1051 NOVADAQ TECHNOLOGIES INC 406 2,000 0.00%
1052 ISHARES 37 2,000 0.00%
1053 DREYFUS STRATEGIC MUNS INCORPORATED 250 2,000 0.00%
1054 INVUITY INC 500 2,000 0.00%
1055 CELANESE CORP DEL 30 2,000 0.00%
1056 ETSY INC 200 2,000 0.00%
1057 STRATASYS LTD 130 2,000 0.00%
1058 AVIS BUDGET GROUP 70 2,000 0.00%
1059 POWERSHARES GLOBAL AGRICULTURE PORTFOLIO 100 2,000 0.00%
1060 TOTAL SYS SVCS INC 59 2,000 0.00%
1061 WPX ENERGY INC 200 2,000 0.00%
1062 MGIC INVT CORP WIS 250 2,000 0.00%
1063 BLACKROCK CAP INVT CORP 400 2,000 0.00%
1064 ISHARES TRUST S&P 100 ETF 28 2,000 0.00%
1065 AIR TRANSPORT SERVICES GRP I 180 2,000 0.00%
1066 CLEARBRIDGE ENERGY MLP FD INCORPORATED 185 2,000 0.00%
1067 ISHARES RUSSELL 2000 VALUE ETF 25 2,000 0.00%
1068 ISHARES TR 100 2,000 0.00%
1069 NOKIA CORP 445 2,000 0.00%
1070 PJT PARTNERS INC 88 2,000 0.00%
1071 DDR CORP 136 2,000 0.00%
1072 WHITEWAVE FOODS CO 44 2,000 0.00%
1073 POWERSHARES ETF TRUST 50 2,000 0.00%
1074 EURONAV NV ANTWERPEN 315 2,000 0.00%
1075 OFFICE DEPOT INC 600 2,000 0.00%
1076 LENNAR 53 2,000 0.00%
1077 Northstar Realty Fin REIT 135 2,000 0.00%
1078 L BRANDS INC 21 1,000 0.00%
1079 CYPRESS SEMICONDUCTOR CORP 125 1,000 0.00%
1080 JAMBA INC COM STK 100 1,000 0.00%
1081 LIBERTY GLOBAL PLC 55 1,000 0.00%
1082 CHANTICLEER HLDGS INC 2,609 1,000 0.00%
1083 INTERPUBLIC GROUP COS INC 71 1,000 0.00%
1084 ISHARES TR 30 1,000 0.00%
1085 TIME INC NEW 63 1,000 0.00%
1086 POWERSHARES ETF TR II 58 1,000 0.00%
1087 CHESAPEAKE ENERGY CORP 251 1,000 0.00%
1088 PBF ENERGY INC 58 1,000 0.00%
1089 BARCLAYS BANK PLC 50 1,000 0.00%
1090 BWX TECHNOLOGIES INC COM 32 1,000 0.00%
1091 ALLEGION PUB LTD CO 23 1,000 0.00%
1092 NEW YORK CMNTY BANCORP INC 79 1,000 0.00%
1093 SQUARE INC 115 1,000 0.00%
1094 DELPHI AUTOMOTIVE PLC 25 1,000 0.00%
1095 BROWN FORMAN CORP 37 1,000 0.00%
1096 RPM INTL INC 27 1,000 0.00%
1097 RALPH LAUREN CORP 18 1,000 0.00%
1098 NATIONAL STORAGE AFFILIATES 75 1,000 0.00%
1099 HAIN CELESTIAL GROUP INC 26 1,000 0.00%
1100 VIACOM INC NEW 50 1,000 0.00%
Page 22 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.