Latest First Affirmative Financial Network Stock Portfolio

$144Million– No. of Holdings #259

First Affirmative Financial Network Performance:

2024 Q2: -0.28%YTD: 5.05%2023: 11.55%

Performance for 2024 Q2 is -0.28%, and YTD is 5.05%, and 2023 is 11.55%.

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 $144.1 Millions as of 30 Jun, 2024.

The top stock holdings of First Affirmative Financial Network are BNDW, BIL, NVDA. The fund has invested 6.3% of it's portfolio in VANGUARD SCOTTSDALE FDS and 4.1% of portfolio in SPDR SER TR.

The fund managers got completely rid off ISHARES TR (BGRN), PAYPAL HLDGS INC (PYPL) and PUBLIC STORAGE (PSA) stocks. They significantly reduced their stock positions in HIMAX TECHNOLOGIES INC (HIMX), INVESCO EXCH TRADED FD TR II (SPHD) and AUTOLIV INC (ALV). First Affirmative Financial Network opened new stock positions in ISHARES TR (BGRN), DELL TECHNOLOGIES INC (DELL) and GOLDMAN SACHS ETF TR (GBUY). The fund showed a lot of confidence in some stocks as they added substantially to EQUINIX INC (EQIX), ACCENTURE PLC IRELAND (ACN) and TE CONNECTIVITY LTD (TEL).

First Affirmative Financial Network Equity Portfolio Value

Last Reported on: 10 Jul, 2024

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

Our best estimate is that First Affirmative Financial Network made a return of -0.28% in the last quarter. In trailing 12 months, it's portfolio return was 9.39%.

New Buys

Ticker	$ Bought
ishares tr	402,305
dell technologies inc	264,183
goldman sachs etf tr	244,201
dover corp	243,623
emerson elec co	237,467
spdr ser tr	232,047
arista networks inc	229,098
digital rlty tr inc	228,712

New stocks bought by First Affirmative Financial Network

Additions

Ticker	% Inc.
cia energetica de minas gera	56.88
equinix inc	43.79
accenture plc ireland	43.36
te connectivity ltd	41.6
vodafone group plc new	35.93
centrais eletricas brasileir	34.34
weyerhaeuser co mtn be	32.63
nio inc	32.14

Additions to existing portfolio by First Affirmative Financial Network

Reductions

Ticker	% Reduced
himax technologies inc	-43.58
invesco exch traded fd tr ii	-35.22
autoliv inc	-25.48
ishares tr	-22.46
bain cap specialty fin inc	-18.15
brown & brown inc	-18.00
aflac inc	-14.59
zoetis inc	-14.2

First Affirmative Financial Network reduced stake in above stock

Sold off

Ticker	$ Sold
ishares tr	-440,899
veru inc	-8,171
shinhan financial group co l	-202,703
ishares tr	-201,025
paypal hldgs inc	-264,168
kroger co	-202,543
aptiv plc	-218,878
nike inc	-231,069

First Affirmative Financial Network got rid off the above stocks

Sector Distribution

First Affirmative Financial Network has about 37.4% of it's holdings in Others sector.

Sector	%
Others	37.4
Technology	22
Healthcare	8.5
Financial Services	7.3
Industrials	6.6
Consumer Cyclical	5.4
Communication Services	4.8
Consumer Defensive	3.2
Real Estate	3.1

Market Cap. Distribution

First Affirmative Financial Network has about 60% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	37.4
LARGE-CAP	34.5
MEGA-CAP	25.5
MID-CAP	1.6

Stocks belong to which Index?

About 59.6% of the stocks held by First Affirmative Financial Network either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	58.5
Others	40.4
RUSSELL 2000	1.1

Top 5 Winners (%)		%
TPIC	tpi composites inc	36.8 %
FSLR	first solar inc	31.2 %
AAPL	apple inc	22.4 %
AVGO	broadcom inc	21.1 %
GOOG	alphabet inc	20.3 %

Top 5 Winners ($)		$
AAPL	apple inc	0.9 M
GOOG	alphabet inc	0.3 M
GOOG	alphabet inc	0.2 M
MSFT	microsoft corp	0.2 M
AMAT	applied matls inc	0.2 M

Top 5 Losers (%)		%
CMG	chipotle mexican grill inc	-86.9 %
OPEN	opendoor technologies inc	-39.0 %
BCLI	brainstorm cell therapeutics	-38.4 %
PLUG	plug power inc	-30.4 %
INTC	intel corp	-29.9 %

Top 5 Losers ($)		$
CMG	chipotle mexican grill inc	-1.7 M
INTC	intel corp	-0.2 M
MA	mastercard incorporated	-0.1 M
DIS	disney walt co	-0.1 M
TGT	target corp	-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 259 stocks in it's portfolio. About 28.1% of the portfolio is in top 10 stocks. CMG 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: 10 Jul, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	3.34	22,820	4,806,300	added	3.74

AAXJ	ishares tr	2.94	40,768	4,233,730	added	0.33

AAXJ	ishares tr	1.02	110,491	1,471,750	added	2.12

AAXJ	ishares tr	0.57	7,913	827,278	added	3.14

AAXJ	ishares tr	0.33	4,478	477,142	reduced	-22.46

AAXJ	ishares tr	0.17	4,903	251,211	reduced	-10.33

ABBV	abbvie inc	0.54	4,502	772,206	added	15.61

ABT	abbott labs	0.32	4,404	457,594	reduced	-0.61

ACN	accenture plc ireland	0.44	2,073	629,113	added	43.36

ADBE	adobe inc	0.78	2,019	1,121,360	added	14.33

ADI	analog devices inc	0.52	3,293	751,702	added	9.47

ADP	automatic data processing in	0.47	2,860	682,688	added	3.74

ADSK	autodesk inc	0.31	1,826	451,800	added	1.33

AEMB	american centy etf tr	0.41	11,705	589,478	reduced	-0.86

AFL	aflac inc	0.21	3,407	304,320	reduced	-14.59

ALL	allstate corp	0.26	2,330	371,976	added	1.00

ALV	autoliv inc	0.18	2,384	255,035	reduced	-25.48

AMAT	applied matls inc	0.97	5,904	1,393,360	added	1.83

AMCR	amcor plc	0.22	32,505	317,895	reduced	-0.61

AMD	advanced micro devices inc	0.34	2,978	483,084	added	19.41