# SHINE INVESTMENT ADVISORY SERVICES INC

> Institutional holdings reported to the SEC as of Q3 2020 on Form 13F. CIK 1002912. Source: https://holderbook.com/funds/1002912-shine-investment-advisory-services-inc/

- Reported value: $295.1M
- Positions: 711
- Weight of the ten largest: 59.6%
- Filed: 2020-11-03

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $37.2M | 935,118 | 12.6% | 5 |
| ISHARES TR | [EFAV](https://holderbook.com/stocks/EFAV/) | $28.3M | 414,719 | 9.6% | 8 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $21.1M | 203,280 | 7.1% | 4 |
| ISHARES TR | [ISCF](https://holderbook.com/stocks/ISCF/) | $19.7M | 654,287 | 6.7% | 5 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $15.6M | 162,436 | 5.3% | 2 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $14.7M | 79,506 | 5.0% | 8 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $12.9M | 59,687 | 4.4% | 8 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $10.3M | 30,346 | 3.5% | 8 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $9.3M | 40,832 | 3.1% | 8 |
| INVESCO EXCHANGE TRADED FD T | [RPG](https://holderbook.com/stocks/RPG/) | $6.8M | 47,960 | 2.3% | 8 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.8M | 41,408 | 1.6% | 8 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $3.6M | 27,635 | 1.2% | 8 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $3.5M | 19,763 | 1.2% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.7M | 872 | 0.9% | 8 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $2.7M | 25,412 | 0.9% | 8 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $2.6M | 29,483 | 0.9% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.5M | 7,552 | 0.9% | 8 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.3M | 10,839 | 0.8% | 8 |
| ISHARES INC | [ACWV](https://holderbook.com/stocks/ACWV/) | $2.3M | 24,666 | 0.8% | 8 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $2.2M | 31,360 | 0.7% | 8 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $2.1M | 11,545 | 0.7% | 8 |
| WISDOMTREE TR | [DLN](https://holderbook.com/stocks/DLN/) | $1.8M | 18,409 | 0.6% | 8 |
| INVESCO EXCHANGE TRADED FD T | [PRF](https://holderbook.com/stocks/PRF/) | $1.8M | 15,498 | 0.6% | 8 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $1.8M | 8,959 | 0.6% | 8 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $1.7M | 3,408 | 0.6% | 8 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $1.6M | 20,586 | 0.6% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.6M | 5,615 | 0.5% | 8 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $1.4M | 8,159 | 0.5% | 8 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $1.4M | 11,065 | 0.5% | 8 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $1.3M | 16,159 | 0.4% | 8 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $1.3M | 24,310 | 0.4% | 8 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.3M | 8,179 | 0.4% | 8 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.2M | 3,548 | 0.4% | 8 |
| SPDR INDEX SHS FDS | [GMF](https://holderbook.com/stocks/GMF/) | $1.2M | 10,549 | 0.4% | 8 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.1M | 26,081 | 0.4% | 8 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $1.1M | 19,492 | 0.4% | 4 |
| INTELLICHECK MOBILISA INC | [IDN](https://holderbook.com/stocks/IDN/) | $1.1M | 164,725 | 0.4% | 1 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $1.0M | 17,440 | 0.3% | 8 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $1.0M | 8,806 | 0.3% | 8 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $959.0K | 654 | 0.3% | 8 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $958.0K | 9,525 | 0.3% | 8 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $921.0K | 627 | 0.3% | 8 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $891.0K | 5,232 | 0.3% | 8 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $879.0K | 8,132 | 0.3% | 8 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $845.0K | 7,621 | 0.3% | 8 |
| ISHARES TR | [SMLF](https://holderbook.com/stocks/SMLF/) | $825.0K | 22,123 | 0.3% | 4 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $816.0K | 26,031 | 0.3% | 3 |
| SCHWAB STRATEGIC TR | [FNDE](https://holderbook.com/stocks/FNDE/) | $808.0K | 34,059 | 0.3% | 8 |
| ISHARES TR | [EAGG](https://holderbook.com/stocks/EAGG/) | $795.0K | 14,070 | 0.3% | 4 |
| WISDOMTREE TR | [AIVL](https://holderbook.com/stocks/AIVL/) | $776.0K | 10,283 | 0.3% | 8 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $773.0K | 16,699 | 0.3% | 4 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $766.0K | 6,259 | 0.3% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $748.0K | 3,514 | 0.3% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $736.0K | 3,683 | 0.2% | 8 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $649.0K | 21,657 | 0.2% | 8 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $640.0K | 5,415 | 0.2% | 8 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $639.0K | 8,029 | 0.2% | 8 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $627.0K | 26,066 | 0.2% | 8 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $618.0K | 2,358 | 0.2% | 8 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $602.0K | 7,896 | 0.2% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $600.0K | 1,108 | 0.2% | 8 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $579.0K | 3,864 | 0.2% | 8 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $550.0K | 6,784 | 0.2% | 8 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $541.0K | 1,950 | 0.2% | 8 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $524.0K | 2,660 | 0.2% | 8 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $521.0K | 6,283 | 0.2% | 8 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $518.0K | 6,427 | 0.2% | 8 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $497.0K | 7,271 | 0.2% | 8 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $485.0K | 3,113 | 0.2% | 8 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $465.0K | 2,132 | 0.2% | 8 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $463.0K | 14,746 | 0.2% | 8 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $446.0K | 436 | 0.2% | 8 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $440.0K | 1,348 | 0.1% | 8 |
| LULULEMON ATHLETICA INC | [LULU](https://holderbook.com/stocks/LULU/) | $428.0K | 1,300 | 0.1% | 8 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $421.0K | 1,244 | 0.1% | 8 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $416.0K | 1,657 | 0.1% | 8 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $400.0K | 1,110 | 0.1% | 8 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $395.0K | 1,746 | 0.1% | 8 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $389.0K | 1,014 | 0.1% | 8 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $386.0K | 9,580 | 0.1% | 8 |
| VANGUARD INTL EQUITY INDEX F | [VPL](https://holderbook.com/stocks/VPL/) | $379.0K | 5,564 | 0.1% | 8 |
| APARTMENT INVT & MGMT CO | [AIVXXXX](https://holderbook.com/stocks/AIVXXXX/) | $376.0K | 11,139 | 0.1% | 7 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $370.0K | 1,002 | 0.1% | 8 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $368.0K | 3,823 | 0.1% | 8 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $366.0K | 5,213 | 0.1% | 8 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $364.0K | 1,849 | 0.1% | 8 |
| ISHARES TR | [IEV](https://holderbook.com/stocks/IEV/) | $356.0K | 8,512 | 0.1% | 8 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $349.0K | 6,964 | 0.1% | 8 |
| PARAMOUNT GLOBAL | [PARA](https://holderbook.com/stocks/PARA/) | $343.0K | 12,254 | 0.1% | 2 |
| INVESCO EXCHANGE TRADED FD T | [RPV](https://holderbook.com/stocks/RPV/) | $340.0K | 6,941 | 0.1% | 8 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $338.0K | 1,072 | 0.1% | 8 |
| JACOBS ENGR GROUP INC | [JXXXX](https://holderbook.com/stocks/JXXXX/) | $337.0K | 3,636 | 0.1% | 8 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $327.0K | 2,638 | 0.1% | 8 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $327.0K | 1,477 | 0.1% | 8 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $326.0K | 301 | 0.1% | 7 |
| AON PLC | [AON](https://holderbook.com/stocks/AON/) | $326.0K | 1,578 | 0.1% | 2 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $316.0K | 1,012 | 0.1% | 8 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $308.0K | 1,864 | 0.1% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $306.0K | 2,057 | 0.1% | 8 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $301.0K | 701 | 0.1% | 8 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2020 | +6.8% | +8.6% | -1.8% | 100% |
| Q2 2020 | +19.6% | +19.6% | -0.0% | 100% |
| Q1 2020 | -23.2% | -19.9% | -3.3% | 100% |
| Q4 2019 | +7.4% | +8.5% | -1.1% | 100% |
| Q3 2019 | +0.1% | +1.3% | -1.2% | 100% |
| Q2 2019 | +3.1% | +3.7% | -0.6% | 100% |
| Q1 2019 | +12.5% | +13.0% | -0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2020 | $295.1M | 711 |
| Q2 2020 | $273.7M | 716 |
| Q1 2020 | $215.5M | 704 |
| Q4 2019 | $251.0M | 720 |
| Q3 2019 | $211.1M | 717 |
| Q2 2019 | $216.2M | 682 |
| Q1 2019 | $215.4M | 692 |
| Q4 2018 | $202.8M | 669 |