# FMA ADVISORY INC

> Institutional holdings reported to the SEC as of Q3 2021 on Form 13F. CIK 1298596. Source: https://holderbook.com/funds/1298596-fma-advisory-inc/

- Reported value: $268.3M
- Positions: 135
- Weight of the ten largest: 26.9%
- Filed: 2021-11-15

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 |
|---|---|---|---|---|---|
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $12.3M | 34,273 | 4.6% | 14 |
| F N B CORP | [FNB](https://holderbook.com/stocks/FNB/) | $9.1M | 785,831 | 3.4% | 19 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $8.7M | 15,239 | 3.2% | 20 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $7.1M | 47,172 | 2.6% | 20 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $6.5M | 82,293 | 2.4% | 20 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.9M | 41,386 | 2.2% | 20 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $5.8M | 136,770 | 2.2% | 20 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $5.6M | 34,477 | 2.1% | 20 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $5.6M | 16,114 | 2.1% | 20 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $5.5M | 25,914 | 2.1% | 20 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $5.5M | 11,382 | 2.0% | 18 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $5.4M | 66,525 | 2.0% | 20 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $5.4M | 24,079 | 2.0% | 20 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $5.1M | 30,076 | 1.9% | 20 |
| LAMAR ADVERTISING CO | [LAMR](https://holderbook.com/stocks/LAMR/) | $4.9M | 42,959 | 1.8% | 19 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $4.8M | 32,065 | 1.8% | 20 |
| PRICE T ROWE GROUP INC | [TROW](https://holderbook.com/stocks/TROW/) | $4.3M | 21,706 | 1.6% | 16 |
| FIDELITY COVINGTON TRUST | [FDIS](https://holderbook.com/stocks/FDIS/) | $4.2M | 52,825 | 1.6% | 20 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $4.2M | 49,257 | 1.6% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.9M | 13,771 | 1.4% | 20 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $3.9M | 71,720 | 1.4% | 20 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $3.6M | 37,177 | 1.3% | 4 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $3.6M | 35,062 | 1.3% | 20 |
| GOLDMAN SACHS ETF TR | [GSEW](https://holderbook.com/stocks/GSEW/) | $3.4M | 51,280 | 1.3% | 10 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $3.1M | 23,768 | 1.2% | 20 |
| ISHARES TR | [IHF](https://holderbook.com/stocks/IHF/) | $3.1M | 12,274 | 1.2% | 20 |
| MAGELLAN MIDSTREAM PRTNRS LP | [MMP](https://holderbook.com/stocks/MMP/) | $2.9M | 64,310 | 1.1% | 20 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $2.9M | 22,174 | 1.1% | 7 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $2.8M | 33,112 | 1.1% | 1 |
| TE CONNECTIVITY LTD | [TELXXXX](https://holderbook.com/stocks/TELXXXX/) | $2.8M | 20,323 | 1.0% | 20 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $2.8M | 14,081 | 1.0% | 20 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $2.7M | 33,329 | 1.0% | 16 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.7M | 16,938 | 1.0% | 20 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $2.7M | 62,945 | 1.0% | 20 |
| STEEL DYNAMICS INC | [STLD](https://holderbook.com/stocks/STLD/) | $2.6M | 44,593 | 1.0% | 20 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $2.6M | 12,764 | 1.0% | 20 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $2.5M | 7,295 | 0.9% | 20 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $2.5M | 12,452 | 0.9% | 1 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $2.3M | 21,766 | 0.9% | 20 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $2.3M | 11,530 | 0.9% | 9 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $2.2M | 10,011 | 0.8% | 20 |
| FIDELITY COVINGTON TRUST | [FCOM](https://holderbook.com/stocks/FCOM/) | $2.2M | 41,848 | 0.8% | 20 |
| COHEN & STEERS QUALITY INCOM | [RQI](https://holderbook.com/stocks/RQI/) | $2.2M | 146,991 | 0.8% | 20 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.1M | 27,666 | 0.8% | 20 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $2.1M | 76,670 | 0.8% | 20 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.1M | 6,068 | 0.8% | 20 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.0M | 4,173 | 0.8% | 7 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $2.0M | 12,044 | 0.7% | 20 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.9M | 589 | 0.7% | 13 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.9M | 5,080 | 0.7% | 18 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $1.9M | 8,633 | 0.7% | 20 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $1.9M | 5,897 | 0.7% | 20 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $1.9M | 40,700 | 0.7% | 20 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $1.8M | 25,738 | 0.7% | 20 |
| FIDELITY COVINGTON TRUST | [FTEC](https://holderbook.com/stocks/FTEC/) | $1.8M | 15,015 | 0.7% | 20 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $1.8M | 10,265 | 0.7% | 7 |
| V F CORP | [VFC](https://holderbook.com/stocks/VFC/) | $1.7M | 26,057 | 0.7% | 5 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $1.7M | 13,278 | 0.6% | 4 |
| CONSTELLATION BRANDS INC | [STZ](https://holderbook.com/stocks/STZ/) | $1.7M | 8,183 | 0.6% | 13 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $1.5M | 5,987 | 0.6% | 20 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.5M | 15,786 | 0.6% | 20 |
| ARROW ELECTRS INC | [ARW](https://holderbook.com/stocks/ARW/) | $1.4M | 12,804 | 0.5% | 20 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $1.4M | 26,535 | 0.5% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.4M | 522 | 0.5% | 19 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.4M | 4,235 | 0.5% | 20 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $1.3M | 61,677 | 0.5% | 20 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.3M | 22,326 | 0.5% | 9 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.3M | 6,656 | 0.5% | 6 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $1.3M | 18,145 | 0.5% | 14 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $1.2M | 6,993 | 0.5% | 17 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $1.2M | 5,298 | 0.5% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.2M | 438 | 0.4% | 19 |
| QORVO INC | [QRVO](https://holderbook.com/stocks/QRVO/) | $1.2M | 6,910 | 0.4% | 4 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.2M | 8,241 | 0.4% | 20 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $1.1M | 9,404 | 0.4% | 5 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $1.0M | 9,072 | 0.4% | 4 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $1.0M | 2,425 | 0.4% | 19 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $987.0K | 8,356 | 0.4% | 20 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $960.0K | 8,703 | 0.4% | 5 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $925.0K | 11,020 | 0.3% | 3 |
| FIDELITY COVINGTON TRUST | [FMAT](https://holderbook.com/stocks/FMAT/) | $902.0K | 20,373 | 0.3% | 4 |
| FIDELITY COVINGTON TRUST | [FIDU](https://holderbook.com/stocks/FIDU/) | $886.0K | 17,072 | 0.3% | 20 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $884.0K | 3,163 | 0.3% | 20 |
| UNIVERSAL DISPLAY CORP | [OLED](https://holderbook.com/stocks/OLED/) | $850.0K | 4,970 | 0.3% | 13 |
| FIDELITY COVINGTON TRUST | [FNCL](https://holderbook.com/stocks/FNCL/) | $828.0K | 15,416 | 0.3% | 20 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $823.0K | 3,870 | 0.3% | 20 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $804.0K | 1,079 | 0.3% | 1 |
| TRACTOR SUPPLY CO | [TSCO](https://holderbook.com/stocks/TSCO/) | $787.0K | 3,885 | 0.3% | 8 |
| MASCO CORP | [MAS](https://holderbook.com/stocks/MAS/) | $771.0K | 13,881 | 0.3% | 20 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $771.0K | 5,074 | 0.3% | 20 |
| FIDELITY COVINGTON TRUST | [FUTY](https://holderbook.com/stocks/FUTY/) | $755.0K | 18,352 | 0.3% | 19 |
| ISHARES TR | [IYR](https://holderbook.com/stocks/IYR/) | $733.0K | 7,157 | 0.3% | 20 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $722.0K | 12,905 | 0.3% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $708.0K | 3,417 | 0.3% | 3 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $683.0K | 3,752 | 0.3% | 8 |
| ROYAL DUTCH SHELL PLC | [RDSB](https://holderbook.com/stocks/RDSB/) | $678.0K | 15,321 | 0.3% | 19 |
| ALBEMARLE CORP | [ALB](https://holderbook.com/stocks/ALB/) | $665.0K | 3,036 | 0.2% | 4 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $664.0K | 1,781 | 0.2% | 20 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $659.0K | 3,672 | 0.2% | 16 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $643.0K | 8,803 | 0.2% | 20 |

## 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 2021 | -1.1% | +0.3% | -1.3% | 100% |
| Q2 2021 | +4.6% | +8.0% | -3.4% | 100% |
| Q1 2021 | +6.5% | +6.0% | +0.5% | 100% |
| Q4 2020 | +13.6% | +11.6% | +2.0% | 100% |
| Q3 2020 | +5.4% | +8.6% | -3.2% | 100% |
| Q2 2020 | +14.5% | +19.6% | -5.1% | 99% |
| Q1 2020 | -23.4% | -19.9% | -3.5% | 100% |
| Q4 2019 | +7.3% | +8.5% | -1.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2021 | $268.3M | 135 |
| Q2 2021 | $269.3M | 124 |
| Q1 2021 | $323.9M | 169 |
| Q4 2020 | $299.8M | 168 |
| Q3 2020 | $251.0M | 162 |
| Q2 2020 | $222.7M | 151 |
| Q1 2020 | $184.0M | 144 |
| Q4 2019 | $249.0M | 152 |
| Q3 2019 | $230.4M | 148 |
| Q2 2019 | $225.3M | 142 |
| Q1 2019 | $219.0M | 147 |
| Q4 2018 | $193.5M | 146 |