FA

First Affirmative Financial Network

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$257.7M

Reporting period: 2026-03-31 · Number of holdings: 325

First Affirmative Financial Network disclosed 325 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $257.7M and a quarterly turnover rate of 34.4%.

Browse other institutions with $100M to $1B AUMBrowse other institutions starting with "F"

Personality snowflake

Concentration
5.04
Portfolio Stability
34.4
Momentum/Contrarian
100
Sector conviction
60.65
Diversification
100
Sizing Uniformity
82.38

Recent moves

  • Add TAXF

    +508.1%　$4.9M

  • Add VTES

    +1854.4%　$4.5M

  • Add VTEB

    +890.9%　$4.1M

  • Trim DSI

    -20.3%　-$1.3M

  • Trim SPTS

    -4.9%　-$480.5K

  • Trim MSFT

    +26.0%　-$670.8K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1SHESs Spdr Msci U Gend Div ETFETF-Other5.44%-0.15%+17.65%
2NVDANvidia CORPStock-Tech3.68%-0.18%+23.69%
3SPTSSs Spdr P St Term Tsy ETFETF-Other3.31%-0.93%-4.88%
4AAPLApple INCStock-Tech3.23%-0.23%+13.59%
5VGITVanguard Intermediate-term TETF-Other2.53%—-1.72%
6MSFTMicrosoft CORPStock-Tech2.36%-0.82%+26.03%
7TAXFAmerican Century Diver MuniETF-Other2.29%+1.83%+508.08%
8GOOGLAlphabet Inc-cl AStock-Comm Services1.93%-0.12%-3.35%
9VTESVanguard Sh Term Tax-ex BondETF-Other1.84%+1.72%+1854.41%
10VTEBVanguard Tax-exempt Bond ETFETF-Other1.76%+1.54%+890.86%
11TSMTaiwan Semiconductor-sp AdrStock-Tech1.75%+0.24%+16.64%
12DSIIshares Esg Msci Kld 400 ETFETF-Other1.60%-0.93%-20.28%
13GOOGAlphabet Inc-cl CStock-Comm Services1.51%+0.06%+7.35%
14JSTCAdasina Social Justice GlbETF-Other1.38%-0.66%-14.24%
15CSCOCisco Systems INCStock-Tech1.12%+0.14%+21.93%
16AMZNAmazon.com INCStock-Consumer Disc1.09%—+3.77%
17MAMastercard INC - AStock-Financials1.07%—+11.97%
18AVGOBroadcom INCStock-Tech1.02%+0.08%+40.73%
19VVisa Inc-class A SharesStock-Financials0.92%—+29.99%
20AMATApplied Materials INCStock-Tech0.92%+0.21%-6.06%
21PGProcter & Gamble Co/theStock-Consumer Staples0.89%—+22.75%
22ASMLASML Holding N.V.Stock-Tech0.80%+0.18%+15.19%
23NFLXNetflix INCStock-Comm Services0.78%—+1334.02%
24AXPAmerican Express CoStock-Financials0.75%—+32.68%
25NVSNovartis Ag-sponsored AdrStock-Healthcare0.75%+0.09%+14.71%
26JNJJohnson & JohnsonStock-Healthcare0.71%+0.06%+1.66%
27LLYEli Lilly & CoStock-Healthcare0.66%+0.06%+10.46%
28CHTChunghwa Telecom Lt-spon AdrStock-Other0.65%—+16.43%
29EMNTPimco Enhcd St M-active EsgETF-Other0.62%—-2.52%
30SAPSap Se-sponsored AdrStock-Tech0.62%-0.30%+28.69%
31AZNAstraZeneca PLCStock-Healthcare0.57%+0.57%NEW
32METAMeta Platforms Inc-class AStock-Comm Services0.55%—+11.13%
33AMDAdvanced Micro DevicesStock-Tech0.52%+0.11%+23.17%
34TBXProshares Short 7-10 Yr TsyETF-Other0.51%—-4.60%
35LRCXLam Research CORPStock-Tech0.51%+0.13%+0.39%
36MRKMerck & Co. INC.Stock-Healthcare0.50%+0.18%+30.19%
37CHGXStance Sustainable Beta ETFETF-Other0.47%—-0.16%
38ABBVAbbvie INCStock-Healthcare0.47%—+4.15%
39KOCoca-cola Co/theStock-Consumer Staples0.46%+0.09%+29.39%
40SYKStryker CORPStock-Healthcare0.45%—+9.03%
41COSTCostco Wholesale CORPStock-Consumer Staples0.45%—+8.25%
42ADIAnalog Devices INCStock-Tech0.44%+0.15%+45.50%
43ULUnilever Plc-sponsored AdrStock-Consumer Staples0.44%+0.44%NEW
44WABWabtec CORPStock-Industrials0.43%+0.11%+28.24%
45MUMicron Technology INCStock-Tech0.42%+0.14%-9.24%
46DHRDanaher CORPStock-Healthcare0.41%—+19.55%
47EQIXEquinix INCStock-Real Estate0.41%+0.07%+14.98%
48TAKTakeda Pharmaceutic-sp AdrStock-Healthcare0.40%+0.11%+34.05%
49TMToyota Motor CORP -spon AdrStock-Consumer Disc0.40%—+21.33%
50ASXAse Technology Holding -adrStock-Tech0.39%+0.18%+14.42%
1–50 of 325

Holding changes this quarter

First Affirmative Financial Network's most significant position changes for 2026-03-31: New buy: AstraZeneca PLC (AZN); New buy: Unilever Plc-sponsored Adr (UL); Sold out: Unilever PLC (UL); Sold out: Astrazeneca Plc-spons Adr (AZNN); Sold out: Telefonica Sa-spon Adr (TELFY).

Position changes disclosed by First Affirmative Financial Network for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1TAXFAmerican Century Diver Muni+1.8%+508.08%Add
2VTESVanguard Sh Term Tax-ex Bond+1.7%+1854.41%Add
3VTEBVanguard Tax-exempt Bond ETF+1.5%+890.86%Add
4TSMTaiwan Semiconductor-sp Adr+0.2%+16.64%Add
5AMATApplied Materials INC+0.2%-6.06%Trim
6ASMLASML Holding N.V.+0.2%+15.19%Add
7MRKMerck & Co. INC.+0.2%+30.19%Add
8ASXAse Technology Holding -adr+0.2%+14.42%Add
9ADIAnalog Devices INC+0.2%+45.50%Add
10CSCOCisco Systems INC+0.1%+21.93%Add
11MUMicron Technology INC+0.1%-9.24%Trim
12LRCXLam Research CORP+0.1%+0.39%Add
13AMDAdvanced Micro Devices+0.1%+23.17%Add
14TAKTakeda Pharmaceutic-sp Adr+0.1%+34.05%Add
15WABWabtec CORP+0.1%+28.24%Add
16NVSNovartis Ag-sponsored Adr+0.1%+14.71%Add
17KOCoca-cola Co/the+0.1%+29.39%Add
18AVGOBroadcom INC+0.1%+40.73%Add
19CMECme Group INC+0.1%+40.91%Add
20EQIXEquinix INC+0.1%+14.98%Add
21GOOGAlphabet Inc-cl C+0.1%+7.35%Add
22JNJJohnson & Johnson+0.1%+1.66%Add
23LLYEli Lilly & Co+0.1%+10.46%Add
24AXPAmerican Express Co—+32.68%Add
25GOOGLAlphabet Inc-cl A-0.1%-3.35%Trim
26SHESs Spdr Msci U Gend Div ETF-0.2%+17.65%Add
27NVDANvidia CORP-0.2%+23.69%Add
28PVIInvesco Floating Rate Munici-0.2%-43.77%Trim
29CGWInvesco S&p Global Water Ind-0.2%-47.79%Trim
30AAPLApple INC-0.2%+13.59%Add
31SAPSap Se-sponsored Adr-0.3%+28.69%Add
32ORCLOracle CORP-0.3%+19.87%Add
33JSTCAdasina Social Justice Glb-0.7%-14.24%Trim
34MSFTMicrosoft CORP-0.8%+26.03%Add
35DSIIshares Esg Msci Kld 400 ETF-0.9%-20.28%Trim
36SPTSSs Spdr P St Term Tsy ETF-0.9%-4.88%Trim
37AZNAstraZeneca PLC—NEWNew buy
38ULUnilever Plc-sponsored Adr—NEWNew buy
39ULUnilever PLC—EXITSold out
40AZNNAstrazeneca Plc-spons Adr—EXITSold out
41TELFYTelefonica Sa-spon Adr—EXITSold out
42WFWoori Financial-spon Adr—NEWNew buy
43BCEBce INC—NEWNew buy
44SHGShinhan Financial Group-adr—NEWNew buy
45VRTVertiv Holdings Co-a—NEWNew buy
46WDAYWorkday Inc-class A—EXITSold out
47RPRXRoyalty Pharma plc—NEWNew buy
48TRI4EURThomson Reuters CORP—EXITSold out
49WPCWp Carey INC—NEWNew buy
50CHDChurch & Dwight Co INC—NEWNew buy

FAQ

What is First Affirmative Financial Network and what type of investor is it?
First Affirmative Financial Network is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $257.7M, spread across 325 disclosed positions.
What are First Affirmative Financial Network's largest equity positions?
Based on the latest 13F filing, First Affirmative Financial Network's top holdings by market value are: 1. Ss Spdr Msci U Gend Div ETF (SHE) — $14.0M (5.4%) 2. Nvidia CORP (NVDA) — $9.5M (3.7%) 3. Ss Spdr P St Term Tsy ETF (SPTS) — $8.5M (3.3%) 4. Apple INC (AAPL) — $8.3M (3.2%) 5. Vanguard Intermediate-term T (VGIT) — $6.5M (2.5%)
What changes did First Affirmative Financial Network make in its most recent portfolio filing?
In the latest reported quarter, First Affirmative Financial Network made 50 notable position adjustments: 9 new positions were initiated, 28 existing holdings were added to, 8 positions were partially reduced, and 5 were completely exited. The largest of these moves: New buy: AstraZeneca PLC (AZN); New buy: Unilever Plc-sponsored Adr (UL); Sold out: Unilever PLC (UL); Sold out: Astrazeneca Plc-spons Adr (AZNN); Sold out: Telefonica Sa-spon Adr (TELFY)
What sectors does First Affirmative Financial Network focus on?
First Affirmative Financial Network is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 37.9% • Financials: 13.7% • Health Care: 12.5% • Communication Services: 9.6% • Industrials: 7.0% • Consumer Discretionary: 6.3%

Peer Institutions

Institutions with a similar AUM

HI

Honeywell International INC

Total reported value

$257.8M

79 stks

2019-06-30

Concentration9.4
Portfolio Stability23.7
Sector conviction0.0

AUM within 0.0% of this institution

View detail
TR

TrustBank

Total reported value

$257.8M

154 stks

2026-03-31

Concentration23.6
Portfolio Stability16.4
Sector conviction52.0

AUM within 0.0% of this institution

View detail
CA

Carroll Advisory Group, LLC

Total reported value

$257.6M

68 stks

2026-03-31

Concentration17.5
Portfolio Stability19.9
Sector conviction100.0

AUM within 0.1% of this institution

View detail

Similar Holdings Style

Institutions with overlapping top holdings

ER

Employees Retirement System of Texas

Total reported value

$11.4B

493 stks

2026-03-31

Concentration12.2
Portfolio Stability33.7
Sector conviction47.9

3 of the top 5 holdings overlap, including Vanguard Intermediate-term T

View detail
SA

Secure Asset Management, LLC

Total reported value

$631.8M

327 stks

2026-03-31

Concentration5.5
Portfolio Stability27.5
Sector conviction57.9

3 of the top 5 holdings overlap, including Vanguard Intermediate-term T

View detail
AW

Alaethes Wealth, LLC

Total reported value

$351.2M

124 stks

2026-03-31

Concentration12.1
Portfolio Stability19.1
Sector conviction51.6

3 of the top 5 holdings overlap, including Vanguard Intermediate-term T

View detail