# TRUSTCORE FINANCIAL SERVICES, LLC

> Institutional holdings reported to the SEC as of Q4 2022 on Form 13F. CIK 1730322. Source: https://holderbook.com/funds/1730322-trustcore-financial-services-llc/

- Reported value: $1.1B
- Positions: 1,036
- Weight of the ten largest: 53.5%
- Filed: 2023-02-13

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 |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $179.9M | 470,293 | 15.8% | 17 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $73.8M | 307,452 | 6.5% | 17 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $66.8M | 1,018,018 | 5.9% | 17 |
| ISHARES U S ETF TR | [NEAR](https://holderbook.com/stocks/NEAR/) | $65.3M | 1,325,012 | 5.7% | 12 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $49.8M | 354,532 | 4.4% | 16 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $39.3M | 192,645 | 3.5% | 16 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $35.9M | 195,719 | 3.2% | 16 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $33.8M | 126,940 | 3.0% | 17 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $32.1M | 331,232 | 2.8% | 16 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $32.0M | 149,935 | 2.8% | 16 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $31.9M | 640,027 | 2.8% | 15 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $29.4M | 225,893 | 2.6% | 17 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $23.6M | 61,375 | 2.1% | 16 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $19.5M | 499,546 | 1.7% | 17 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $19.1M | 396,562 | 1.7% | 16 |
| INNOVATOR ETFS TRUST | [BOCT](https://holderbook.com/stocks/BOCT/) | $19.0M | 597,420 | 1.7% | 2 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $15.0M | 356,267 | 1.3% | 16 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $14.1M | 58,847 | 1.2% | 16 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $8.8M | 103,683 | 0.8% | 16 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $7.7M | 21,787 | 0.7% | 16 |
| INVESCO EXCHANGE TRADED FD T | [PWV](https://holderbook.com/stocks/PWV/) | $7.3M | 155,944 | 0.6% | 17 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $6.5M | 21,145 | 0.6% | 17 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $6.4M | 75,618 | 0.6% | 17 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $6.1M | 48,517 | 0.5% | 17 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $6.1M | 33,962 | 0.5% | 16 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $5.7M | 37,808 | 0.5% | 16 |
| PINNACLE FINL PARTNERS INC | [PNFP](https://holderbook.com/stocks/PNFP/) | $5.6M | 76,460 | 0.5% | 17 |
| INVESCO EXCHANGE TRADED FD T | [PWB](https://holderbook.com/stocks/PWB/) | $5.5M | 92,354 | 0.5% | 17 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $5.4M | 39,913 | 0.5% | 17 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $4.8M | 107,067 | 0.4% | 16 |
| INNOVATOR ETFS TRUST | [PNOV](https://holderbook.com/stocks/PNOV/) | $4.7M | 156,886 | 0.4% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $4.5M | 51,475 | 0.4% | 17 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $4.4M | 52,426 | 0.4% | 3 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $4.3M | 67,232 | 0.4% | 16 |
| CORCEPT THERAPEUTICS INC | [CORT](https://holderbook.com/stocks/CORT/) | $4.2M | 208,806 | 0.4% | 16 |
| AERCAP HOLDINGS NV | [AER](https://holderbook.com/stocks/AER/) | $3.9M | 67,452 | 0.3% | 12 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $3.9M | 86,372 | 0.3% | 16 |
| CASTLE BIOSCIENCES INC | [CSTL](https://holderbook.com/stocks/CSTL/) | $3.9M | 164,897 | 0.3% | 12 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $3.6M | 31,836 | 0.3% | 15 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $3.4M | 30,452 | 0.3% | 17 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $3.3M | 13,704 | 0.3% | 16 |
| ISHARES INC | [ACWV](https://holderbook.com/stocks/ACWV/) | $3.2M | 34,182 | 0.3% | 16 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $3.2M | 49,467 | 0.3% | 16 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $3.1M | 12,760 | 0.3% | 17 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $3.1M | 20,256 | 0.3% | 16 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $3.0M | 17,356 | 0.3% | 17 |
| VANGUARD WORLD FD | [MGC](https://holderbook.com/stocks/MGC/) | $3.0M | 22,855 | 0.3% | 16 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $2.9M | 40,678 | 0.3% | 17 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $2.8M | 55,028 | 0.2% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $2.5M | 12,236 | 0.2% | 17 |
| FIDELITY COVINGTON TRUST | [FDHY](https://holderbook.com/stocks/FDHY/) | $2.5M | 54,620 | 0.2% | 5 |
| ISHARES TR | [EFAV](https://holderbook.com/stocks/EFAV/) | $2.5M | 39,497 | 0.2% | 17 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.5M | 75,398 | 0.2% | 17 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $2.4M | 52,063 | 0.2% | 17 |
| FIRST TR EXCHNG TRADED FD VI | [FFEB](https://holderbook.com/stocks/FFEB/) | $2.4M | 67,865 | 0.2% | 10 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $2.4M | 16,989 | 0.2% | 16 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.4M | 4,287 | 0.2% | 17 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.4M | 21,531 | 0.2% | 17 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $2.4M | 9,897 | 0.2% | 17 |
| PIMCO ETF TR | [MINT](https://holderbook.com/stocks/MINT/) | $2.4M | 23,901 | 0.2% | 17 |
| INNOVATOR ETFS TRUST | [POCT](https://holderbook.com/stocks/POCT/) | $2.3M | 76,542 | 0.2% | 1 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.3M | 15,746 | 0.2% | 17 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $2.3M | 13,184 | 0.2% | 16 |
| FIFTH THIRD BANCORP | [FITB](https://holderbook.com/stocks/FITB/) | $2.3M | 68,864 | 0.2% | 16 |
| CORECIVIC INC | [CXW](https://holderbook.com/stocks/CXW/) | $2.2M | 187,666 | 0.2% | 17 |
| SONY GROUP CORP | [SONY](https://holderbook.com/stocks/SONY/) | $2.1M | 27,918 | 0.2% | 14 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.1M | 11,727 | 0.2% | 16 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.1M | 6,702 | 0.2% | 16 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $2.1M | 27,596 | 0.2% | 15 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $2.0M | 10,582 | 0.2% | 16 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.0M | 22,200 | 0.2% | 17 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $1.9M | 3,635 | 0.2% | 11 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $1.9M | 77,271 | 0.2% | 16 |
| FIRST TR EXCHNG TRADED FD VI | [FJUN](https://holderbook.com/stocks/FJUN/) | $1.8M | 49,824 | 0.2% | 3 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $1.8M | 7,250 | 0.2% | 17 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $1.8M | 7,266 | 0.2% | 16 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $1.8M | 5,525 | 0.2% | 9 |
| FIRST TR EXCHNG TRADED FD VI | [FMAY](https://holderbook.com/stocks/FMAY/) | $1.8M | 49,780 | 0.2% | 3 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.7M | 24,305 | 0.2% | 16 |
| OWENS CORNING NEW | [OC](https://holderbook.com/stocks/OC/) | $1.7M | 20,457 | 0.2% | 8 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.7M | 6,569 | 0.2% | 16 |
| INNOVATOR ETFS TRUST | [IOCT](https://holderbook.com/stocks/IOCT/) | $1.7M | 71,314 | 0.1% | 2 |
| INNOVATOR ETFS TRUST | [BJUL](https://holderbook.com/stocks/BJUL/) | $1.7M | 53,915 | 0.1% | 2 |
| FIRST TR EXCHNG TRADED FD VI | [XJUN](https://holderbook.com/stocks/XJUN/) | $1.6M | 53,630 | 0.1% | 6 |
| INNOVATOR ETFS TRUST | [PAUG](https://holderbook.com/stocks/PAUG/) | $1.6M | 57,232 | 0.1% | 6 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $1.6M | 21,316 | 0.1% | 16 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.6M | 9,893 | 0.1% | 17 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $1.6M | 8,980 | 0.1% | 16 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $1.5M | 8,797 | 0.1% | 16 |
| GENTEX CORP | [GNTX](https://holderbook.com/stocks/GNTX/) | $1.5M | 55,994 | 0.1% | 4 |
| SYNAPTICS INC | [SYNA](https://holderbook.com/stocks/SYNA/) | $1.5M | 15,851 | 0.1% | 12 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.5M | 15,611 | 0.1% | 16 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $1.5M | 23,639 | 0.1% | 16 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $1.4M | 27,698 | 0.1% | 16 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $1.4M | 37,297 | 0.1% | 17 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.4M | 6,529 | 0.1% | 16 |
| FIRST TR EXCHNG TRADED FD VI | [UCON](https://holderbook.com/stocks/UCON/) | $1.4M | 57,981 | 0.1% | 5 |
| FIRST TR EXCHNG TRADED FD VI | [DFEB](https://holderbook.com/stocks/DFEB/) | $1.4M | 40,819 | 0.1% | 11 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.3M | 8,851 | 0.1% | 17 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $1.3M | 21,492 | 0.1% | 16 |

## 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 |
|---|---|---|---|---|
| Q4 2022 | +7.3% | +7.1% | +0.2% | 100% |
| Q3 2022 | -4.1% | -5.3% | +1.2% | 100% |
| Q2 2022 | -16.1% | -16.5% | +0.4% | 100% |
| Q1 2022 | -4.0% | -4.9% | +0.9% | 100% |
| Q4 2021 | +6.8% | +10.7% | -3.8% | 100% |
| Q3 2021 | +0.5% | +0.3% | +0.2% | 100% |
| Q2 2021 | +6.5% | +8.0% | -1.5% | 100% |
| Q1 2021 | +6.1% | +6.0% | +0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2022 | $1.1B | 1,036 |
| Q3 2022 | $1.1B | 1,034 |
| Q2 2022 | $1.1B | 1,010 |
| Q1 2022 | $1.2B | 1,008 |
| Q4 2021 | $885.4M | 927 |
| Q3 2021 | $1.0B | 998 |
| Q2 2021 | $951.3M | 1,035 |
| Q1 2021 | $863.1M | 895 |
| Q4 2020 | $783.4M | 880 |
| Q3 2020 | $658.3M | 817 |
| Q2 2020 | $578.3M | 851 |
| Q1 2020 | $443.9M | 858 |