# Cordasco Financial Network

> Institutional holdings reported to the SEC as of Q2 2022 on Form 13F. CIK 1594061. Source: https://holderbook.com/funds/1594061-cordasco-financial-network/

- Reported value: $138.1M
- Positions: 581
- Weight of the ten largest: 61.4%
- Filed: 2022-07-15

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 |
|---|---|---|---|---|---|
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $42.9M | 206,396 | 31.1% | 15 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $18.2M | 107,435 | 13.2% | 15 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $6.5M | 55,001 | 4.7% | 10 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $4.4M | 10,320 | 3.2% | 15 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.7M | 19,927 | 2.0% | 15 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $2.5M | 43,178 | 1.8% | 15 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $2.4M | 49,946 | 1.7% | 11 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.3M | 25,324 | 1.7% | 15 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $1.5M | 34,727 | 1.1% | 15 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $1.4M | 6,413 | 1.0% | 15 |
| PEABODY ENGR CORP | [BTU](https://holderbook.com/stocks/BTU/) | $1.4M | 65,200 | 1.0% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.4M | 5,364 | 1.0% | 15 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.3M | 25,831 | 0.9% | 15 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.3M | 7,254 | 0.9% | 15 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $1.1M | 11,605 | 0.8% | 15 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $1.1M | 4,510 | 0.8% | 15 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $963.0K | 6,285 | 0.7% | 15 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $891.0K | 8,310 | 0.6% | 15 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $844.0K | 6,695 | 0.6% | 15 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $835.0K | 6,431 | 0.6% | 15 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $786.0K | 7,726 | 0.6% | 15 |
| ESSENTIAL UTILS INC | [WTRG](https://holderbook.com/stocks/WTRG/) | $773.0K | 16,853 | 0.6% | 10 |
| ISHARES TR | [USRT](https://holderbook.com/stocks/USRT/) | $768.0K | 14,380 | 0.6% | 15 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $761.0K | 12,170 | 0.6% | 15 |
| BCE INC | [BCE](https://holderbook.com/stocks/BCE/) | $745.0K | 15,141 | 0.5% | 15 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $721.0K | 4,034 | 0.5% | 15 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $679.0K | 14,509 | 0.5% | 15 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $668.0K | 11,357 | 0.5% | 15 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $637.0K | 6,879 | 0.5% | 12 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $631.0K | 30,116 | 0.5% | 15 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $624.0K | 4,313 | 0.5% | 15 |
| BANK OF AMER CORP | [BACPRL](https://holderbook.com/stocks/BACPRL/) | $608.0K | 505 | 0.4% | 1 |
| EXPONENT INC | [EXPO](https://holderbook.com/stocks/EXPO/) | $606.0K | 6,620 | 0.4% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $604.0K | 276 | 0.4% | 15 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $572.0K | 4,049 | 0.4% | 15 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $528.0K | 1,627 | 0.4% | 15 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $505.0K | 1,337 | 0.4% | 15 |
| INVESCO EXCHANGE TRADED FD T | [RPG](https://holderbook.com/stocks/RPG/) | $485.0K | 3,285 | 0.4% | 15 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $468.0K | 1,670 | 0.3% | 10 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $454.0K | 4,177 | 0.3% | 15 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $446.0K | 14,289 | 0.3% | 10 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $422.0K | 3,200 | 0.3% | 15 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $417.0K | 1,308 | 0.3% | 13 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $408.0K | 6,168 | 0.3% | 15 |
| TITAN INTL INC ILL | [TWI](https://holderbook.com/stocks/TWI/) | $388.0K | 25,700 | 0.3% | 9 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $379.0K | 8,879 | 0.3% | 15 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $378.0K | 5,274 | 0.3% | 2 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $374.0K | 1,679 | 0.3% | 15 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $368.0K | 9,170 | 0.3% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $365.0K | 4,260 | 0.3% | 15 |
| INTERDIGITAL INC | [IDCC](https://holderbook.com/stocks/IDCC/) | $365.0K | 6,000 | 0.3% | 15 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $354.0K | 4,430 | 0.3% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $353.0K | 3,320 | 0.3% | 15 |
| SPROTT ASSET MANAGEMENT LP | [PHYS](https://holderbook.com/stocks/PHYS/) | $351.0K | 24,745 | 0.3% | 8 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $350.0K | 2,102 | 0.3% | 15 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $347.0K | 159 | 0.3% | 15 |
| PPL CORP | [PPL](https://holderbook.com/stocks/PPL/) | $338.0K | 12,442 | 0.2% | 15 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $325.0K | 7,812 | 0.2% | 15 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $319.0K | 6,888 | 0.2% | 15 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $318.0K | 522 | 0.2% | 10 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $309.0K | 1,540 | 0.2% | 15 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $307.0K | 2,415 | 0.2% | 15 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $302.0K | 3,147 | 0.2% | 9 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $288.0K | 1,373 | 0.2% | 14 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $284.0K | 1,267 | 0.2% | 13 |
| DOW HLDGS INC | [DOW](https://holderbook.com/stocks/DOW/) | $268.0K | 5,184 | 0.2% | 13 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $268.0K | 4,329 | 0.2% | 15 |
| KEYCORP | [KEY](https://holderbook.com/stocks/KEY/) | $268.0K | 15,565 | 0.2% | 12 |
| DUPONT DE NEMOURS INC | [DD](https://holderbook.com/stocks/DD/) | $265.0K | 4,759 | 0.2% | 13 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $258.0K | 2,729 | 0.2% | 15 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $246.0K | 2,225 | 0.2% | 15 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $245.0K | 1,410 | 0.2% | 14 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $243.0K | 4,495 | 0.2% | 13 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $242.0K | 4,616 | 0.2% | 15 |
| COMPANHIA DE SANEAMENTO BASI | [SBS](https://holderbook.com/stocks/SBS/) | $240.0K | 30,000 | 0.2% | 15 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $239.0K | 7,588 | 0.2% | 15 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $237.0K | 2,460 | 0.2% | 15 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $237.0K | 790 | 0.2% | 15 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $232.0K | 1,469 | 0.2% | 7 |
| F5 INC | [FFIV](https://holderbook.com/stocks/FFIV/) | $230.0K | 1,500 | 0.2% | 15 |
| GLAXOSMITHKLINE PLC | [GSKXXXX](https://holderbook.com/stocks/GSKXXXX/) | $227.0K | 5,209 | 0.2% | 15 |
| WELLS FARGO & CO | [WFCPRL](https://holderbook.com/stocks/WFCPRL/) | $225.0K | 185 | 0.2% | 1 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $224.0K | 436 | 0.2% | 15 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $222.0K | 5,928 | 0.2% | 15 |
| CLOROX CO DEL | [CLX](https://holderbook.com/stocks/CLX/) | $215.0K | 1,524 | 0.2% | 1 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $211.0K | 4,585 | 0.2% | 13 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $206.0K | 2,702 | 0.1% | 15 |
| POLARIS INC | [PII](https://holderbook.com/stocks/PII/) | $199.0K | 2,000 | 0.1% | 5 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $196.0K | 3,800 | 0.1% | 15 |
| ARES MANAGEMENT CORPORATION | [ARES](https://holderbook.com/stocks/ARES/) | $193.0K | 3,399 | 0.1% | 14 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $192.0K | 1,164 | 0.1% | 14 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $185.0K | 1,815 | 0.1% | 15 |
| PRUDENTIAL FINL INC | [PRU](https://holderbook.com/stocks/PRU/) | $182.0K | 1,903 | 0.1% | 15 |
| SPDR SERIES TRUST | [JNK](https://holderbook.com/stocks/JNK/) | $179.0K | 1,977 | 0.1% | 13 |
| KRANESHARES TRUST | [KARS](https://holderbook.com/stocks/KARS/) | $176.0K | 5,001 | 0.1% | 6 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $173.0K | 1,533 | 0.1% | 15 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $173.0K | 1,201 | 0.1% | 15 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $173.0K | 1,025 | 0.1% | 15 |
| RESTAURANT BRANDS INTL INC | [QSR](https://holderbook.com/stocks/QSR/) | $166.0K | 3,303 | 0.1% | 6 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $166.0K | 1,106 | 0.1% | 15 |

## 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 |
|---|---|---|---|---|
| Q2 2022 | -15.2% | -16.5% | +1.2% | 100% |
| Q1 2022 | -4.2% | -4.9% | +0.7% | 100% |
| Q4 2021 | +8.2% | +10.7% | -2.5% | 100% |
| Q3 2021 | -1.4% | +0.3% | -1.7% | 100% |
| Q2 2021 | +5.7% | +8.0% | -2.3% | 100% |
| Q1 2021 | +7.3% | +6.0% | +1.3% | 100% |
| Q4 2020 | +13.3% | +11.6% | +1.6% | 100% |
| Q3 2020 | +6.0% | +8.6% | -2.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2022 | $138.1M | 581 |
| Q1 2022 | $155.1M | 547 |
| Q4 2021 | $160.1M | 547 |
| Q3 2021 | $146.7M | 555 |
| Q2 2021 | $143.7M | 550 |
| Q1 2021 | $137.3M | 553 |
| Q4 2020 | $126.6M | 514 |
| Q3 2020 | $114.9M | 521 |
| Q2 2020 | $108.8M | 489 |
| Q1 2020 | $90.0M | 458 |
| Q4 2019 | $112.5M | 447 |
| Q3 2019 | $104.8M | 473 |