Latest First Affirmative Financial Network Stock Portfolio

First Affirmative Financial Network Performance:

2025 Q3: 4.41%YTD: 9.73%2024: 10.44%

Performance for 2025 Q3 is 4.41%, and YTD is 9.73%, and 2024 is 10.44%.

About First Affirmative Financial Network and 13F Hedge Fund Stock Holdings

First Affirmative Financial Network is a hedge fund based in COLORADO SPRINGS, CO. On 12-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $695.2 Millions. In it's latest 13F Holdings report, First Affirmative Financial Network reported an equity portfolio of $212.5 Millions as of 30 Sep, 2025.

The top stock holdings of First Affirmative Financial Network are BIL, BIL, NVDA. The fund has invested 5.6% of it's portfolio in SPDR SERIES TRUST and 4.2% of portfolio in SPDR SERIES TRUST.

The fund managers got completely rid off ANSYS INC (ANSS), JUNIPER NETWORKS INC (JNPR) and SPDR SERIES TRUST (BIL) stocks. They significantly reduced their stock positions in ISHARES TR (AAXJ), ISHARES TR (BGRN) and INVESCO EXCH TRADED FD TR II (CGW). First Affirmative Financial Network opened new stock positions in SPDR SERIES TRUST (BIL), CATERPILLAR INC (CAT) and CORNING INC (GLW). The fund showed a lot of confidence in some stocks as they added substantially to HDFC BANK LTD (HDB), VANGUARD MUN BD FDS (VTEB) and AMERICAN CENTY ETF TR (AEMB).

First Affirmative Financial Network Annual Return Estimates Vs S&P 500

Our best estimate is that First Affirmative Financial Network made a return of 4.41% in the last quarter. In trailing 12 months, it's portfolio return was 7.88%.

New Buys

Ticker	$ Bought
spdr series trust	11,880,900
caterpillar inc	333,879
corning inc	275,902
amphenol corp new	254,111
palantir technologies inc	249,107
teradyne inc	248,008
alnylam pharmaceuticals inc	247,017
vanguard wellington fd	244,824

New stocks bought by First Affirmative Financial Network

Additions

Ticker	% Inc.
hdfc bank ltd	96.13
vanguard mun bd fds	90.97
american centy etf tr	39.47
at&t inc	36.64
spdr series trust	34.74
costco whsl corp new	31.24
synopsys inc	30.5
nokia corp	29.95

Additions to existing portfolio by First Affirmative Financial Network

Reductions

Ticker	% Reduced
ishares tr	-72.64
ishares tr	-69.63
invesco exch traded fd tr ii	-67.59
new york life invts active e	-66.07
tidal trust iii	-59.85
cellectis s a	-48.7
tidal trust i	-48.04
greentree hospitality group	-41.2

First Affirmative Financial Network reduced stake in above stock

Sold off

Ticker	$ Sold
chargepoint holdings inc	-18,257
ironwood pharmaceuticals inc	-10,708
niu technologies	-38,604
algonquin pwr utils corp	-65,697
jumia technologies ag	-42,571
juniper networks inc	-268,691
spdr series trust	-255,864
interactive brokers group in	-202,585

First Affirmative Financial Network got rid off the above stocks

Sector Distribution

First Affirmative Financial Network has about 43.2% of it's holdings in Others sector.

Sector	%
Others	43.2
Technology	21.8
Financial Services	7
Healthcare	6
Communication Services	6
Industrials	4.8
Consumer Cyclical	4
Consumer Defensive	3.2
Real Estate	2.2
Basic Materials	1.1

Market Cap. Distribution

First Affirmative Financial Network has about 55.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	43.2
MEGA-CAP	29.7
LARGE-CAP	26

Stocks belong to which Index?

About 53.9% of the stocks held by First Affirmative Financial Network either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	53.9
Others	45.5

Top 5 Winners (%)		%
NIO	nio inc	109.2 %
	platinum group metals ltd	71.1 %
	ballard pwr sys inc new	67.0 %
CLLS	cellectis s a	66.2 %
	celestica inc	56.1 %

Top 5 Winners ($)		$
AAPL	apple inc	1.4 M
NVDA	nvidia corporation	1.3 M
GOOG	alphabet inc	1.2 M
GOOG	alphabet inc	0.8 M
TSM	taiwan semiconductor mfg ltd	0.6 M

Top 5 Losers (%)		%
HDB	hdfc bank ltd	-48.4 %
	oxford square cap corp	-26.7 %
	thomson reuters corp	-22.1 %
	novo-nordisk a s	-18.7 %
CARR	carrier global corporation	-18.2 %

Top 5 Losers ($)		$
	sap se	-0.3 M
HDB	hdfc bank ltd	-0.2 M
NFLX	netflix inc	-0.2 M
ISRG	intuitive surgical inc	-0.1 M
INTU	intuit	-0.1 M

First Affirmative Financial Network Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of First Affirmative Financial Network

First Affirmative Financial Network has 293 stocks in it's portfolio. About 31.6% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for First Affirmative Financial Network last quarter.

Last Reported on: 20 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.46	28,856	7,347,540	added	3.11

AAXJ	ishares tr	2.53	42,625	5,368,600	reduced	-0.52

AAXJ	ishares tr	0.40	7,925	846,276	added	0.52

AAXJ	ishares tr	0.24	32,500	503,094	reduced	-72.64

AAXJ	ishares tr	0.20	4,020	428,093	added	0.02

AAXJ	ishares tr	0.10	4,132	219,137	reduced	-0.19

ABBV	abbvie inc	0.58	5,307	1,228,780	added	7.54

ABT	abbott labs	0.32	5,157	690,771	added	18.04

ACN	accenture plc ireland	0.20	1,728	426,143	reduced	-2.1

ACSI	tidal trust i	2.04	213,200	4,334,360	reduced	-48.04

ADBE	adobe inc	0.28	1,682	593,464	reduced	-11.57

ADI	analog devices inc	0.28	2,468	606,411	reduced	-10.38

ADP	automatic data processing in	0.54	3,913	1,148,480	reduced	-0.69

ADSK	autodesk inc	0.25	1,676	532,407	reduced	-1.53

AEMB	american centy etf tr	0.46	19,392	974,082	added	39.47

AFL	aflac inc	0.13	2,523	281,874	reduced	-5.04

AGX	argan inc	0.00	0.00	0.00	sold off	-100

ALL	allstate corp	0.21	2,049	439,820	added	6.00

ALNY	alnylam pharmaceuticals inc	0.12	542	247,017	new

AMAT	applied matls inc	0.71	7,357	1,506,300	reduced	-4.11