# First Allied Advisory Services, Inc.

> Institutional holdings reported to the SEC as of Q3 2020 on Form 13F. CIK 1512647. Source: https://holderbook.com/funds/1512647-first-allied-advisory-services-inc/

- Reported value: $3.0B
- Positions: 1,178
- Weight of the ten largest: 20.4%
- Filed: 2020-11-13

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 |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $165.8M | 1,431,656 | 5.6% | 9 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $86.3M | 506,654 | 2.9% | 9 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $52.9M | 190,332 | 1.8% | 1 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $51.8M | 279,367 | 1.7% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $49.4M | 15,697 | 1.7% | 9 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $48.6M | 144,669 | 1.6% | 9 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $47.8M | 227,369 | 1.6% | 9 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $38.5M | 436,120 | 1.3% | 9 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $33.2M | 833,734 | 1.1% | 9 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $32.1M | 615,087 | 1.1% | 9 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $28.9M | 334,373 | 1.0% | 9 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $28.5M | 211,920 | 1.0% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [FTSM](https://holderbook.com/stocks/FTSM/) | $25.9M | 432,043 | 0.9% | 9 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $25.3M | 397,529 | 0.9% | 9 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $25.2M | 213,594 | 0.8% | 9 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $24.8M | 328,615 | 0.8% | 9 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $24.2M | 92,559 | 0.8% | 9 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $23.3M | 69,476 | 0.8% | 9 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $23.0M | 188,868 | 0.8% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [FTCS](https://holderbook.com/stocks/FTCS/) | $20.6M | 325,235 | 0.7% | 1 |
| FIRST TR EXCHANGE-TRADED FD | [FVD](https://holderbook.com/stocks/FVD/) | $19.2M | 610,526 | 0.6% | 9 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $19.1M | 13,034 | 0.6% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $18.2M | 555,574 | 0.6% | 9 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $17.5M | 75,659 | 0.6% | 9 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $17.5M | 289,706 | 0.6% | 9 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $16.4M | 311,168 | 0.6% | 9 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $16.1M | 167,324 | 0.5% | 9 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $16.1M | 136,719 | 0.5% | 9 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $15.7M | 105,666 | 0.5% | 9 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $14.9M | 179,988 | 0.5% | 9 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $14.8M | 128,083 | 0.5% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [LMBS](https://holderbook.com/stocks/LMBS/) | $14.8M | 285,783 | 0.5% | 9 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $14.7M | 176,486 | 0.5% | 9 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $14.5M | 243,040 | 0.5% | 9 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $14.4M | 172,195 | 0.5% | 9 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $14.0M | 112,867 | 0.5% | 9 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $13.8M | 270,895 | 0.5% | 9 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $13.5M | 473,857 | 0.5% | 9 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $13.4M | 191,303 | 0.5% | 9 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $13.4M | 9,123 | 0.5% | 9 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $12.9M | 92,104 | 0.4% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [FDN](https://holderbook.com/stocks/FDN/) | $12.9M | 68,323 | 0.4% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $12.6M | 23,369 | 0.4% | 9 |
| WISDOMTREE TR | [DGRW](https://holderbook.com/stocks/DGRW/) | $12.5M | 252,916 | 0.4% | 9 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $12.5M | 306,146 | 0.4% | 9 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $12.3M | 24,640 | 0.4% | 9 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $12.3M | 160,913 | 0.4% | 3 |
| VANGUARD SCOTTSDALE FDS | [VTWG](https://holderbook.com/stocks/VTWG/) | $11.7M | 72,792 | 0.4% | 9 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $11.5M | 198,446 | 0.4% | 9 |
| FIRST TR EXCHNG TRADED FD VI | [FIXD](https://holderbook.com/stocks/FIXD/) | $11.5M | 209,548 | 0.4% | 9 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $11.5M | 41,449 | 0.4% | 9 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $11.4M | 81,912 | 0.4% | 9 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $11.3M | 404,759 | 0.4% | 9 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $11.2M | 38,256 | 0.4% | 9 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $11.1M | 55,653 | 0.4% | 9 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $11.0M | 25,545 | 0.4% | 9 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $10.7M | 125,021 | 0.4% | 9 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $10.6M | 64,111 | 0.4% | 9 |
| ISHARES TR | [IDEV](https://holderbook.com/stocks/IDEV/) | $10.5M | 195,248 | 0.4% | 8 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $10.1M | 91,303 | 0.3% | 9 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $10.0M | 92,956 | 0.3% | 9 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $9.7M | 188,243 | 0.3% | 9 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $9.7M | 54,535 | 0.3% | 9 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $9.6M | 109,663 | 0.3% | 9 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $9.5M | 114,771 | 0.3% | 9 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $9.5M | 57,530 | 0.3% | 9 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $9.5M | 43,725 | 0.3% | 9 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $9.4M | 59,685 | 0.3% | 1 |
| DBX ETF TR | [HDAW](https://holderbook.com/stocks/HDAW/) | $9.3M | 444,671 | 0.3% | 9 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $9.3M | 36,483 | 0.3% | 9 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $9.2M | 77,866 | 0.3% | 9 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $9.1M | 96,846 | 0.3% | 9 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $8.8M | 240,831 | 0.3% | 9 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $8.8M | 25,949 | 0.3% | 9 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $8.7M | 144,726 | 0.3% | 9 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $8.7M | 126,561 | 0.3% | 9 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $8.4M | 92,977 | 0.3% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $8.3M | 39,044 | 0.3% | 9 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $8.3M | 160,670 | 0.3% | 9 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $8.2M | 26,285 | 0.3% | 9 |
| ABRDN INCOME CREDIT STRATEGI | [ACP](https://holderbook.com/stocks/ACP/) | $8.2M | 823,580 | 0.3% | 4 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $8.1M | 148,810 | 0.3% | 9 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $7.9M | 48,677 | 0.3% | 9 |
| ISHARES TR | [IXN](https://holderbook.com/stocks/IXN/) | $7.8M | 29,570 | 0.3% | 9 |
| FIRST TR EXCHNG TRADED FD VI | [FFEB](https://holderbook.com/stocks/FFEB/) | $7.7M | 248,921 | 0.3% | 3 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $7.6M | 67,192 | 0.3% | 9 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $7.5M | 103,830 | 0.3% | 9 |
| SPDR SERIES TRUST | [MDYG](https://holderbook.com/stocks/MDYG/) | $7.4M | 129,179 | 0.2% | 9 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $7.2M | 91,615 | 0.2% | 9 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $7.2M | 55,912 | 0.2% | 9 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $7.2M | 34,339 | 0.2% | 9 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $7.1M | 18,648 | 0.2% | 9 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $7.1M | 44,384 | 0.2% | 9 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $7.0M | 60,397 | 0.2% | 9 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $7.0M | 31,711 | 0.2% | 9 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $7.0M | 127,607 | 0.2% | 9 |
| C H ROBINSON WORLDWIDE IN | [CHRW](https://holderbook.com/stocks/CHRW/) | $6.9M | 67,848 | 0.2% | 9 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $6.9M | 175,684 | 0.2% | 9 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $6.9M | 49,684 | 0.2% | 9 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $6.9M | 30,105 | 0.2% | 9 |

## 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 | +6.7% | +8.6% | -1.9% | 100% |
| Q2 2020 | +17.0% | +19.6% | -2.7% | 100% |
| Q1 2020 | -19.3% | -19.9% | +0.6% | 100% |
| Q4 2019 | +6.7% | +8.5% | -1.7% | 99% |
| Q3 2019 | +0.8% | +1.3% | -0.4% | 100% |
| Q2 2019 | +2.3% | +3.7% | -1.4% | 100% |
| Q1 2019 | +10.7% | +13.0% | -2.4% | 100% |
| Q4 2018 | -13.0% | -14.0% | +1.0% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2020 | $3.0B | 1,178 |
| Q2 2020 | $2.7B | 1,104 |
| Q1 2020 | $2.3B | 1,059 |
| Q4 2019 | $3.0B | 1,204 |
| Q3 2019 | $2.8B | 1,627 |
| Q2 2019 | $2.9B | 1,194 |
| Q1 2019 | $2.9B | 1,151 |
| Q4 2018 | $2.5B | 1,066 |
| Q3 2018 | $2.9B | 1,176 |