# Freedman Financial Associates, Inc.

> Institutional holdings reported to the SEC as of Q1 2022 on Form 13F. CIK 1846308. Source: https://holderbook.com/funds/1846308-freedman-financial-associates-inc/

- Reported value: $145.1M
- Positions: 488
- Weight of the ten largest: 61.7%
- Filed: 2022-04-13

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 |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $21.3M | 126,338 | 14.7% | 6 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $16.3M | 57,381 | 11.2% | 6 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $13.8M | 84,480 | 9.5% | 6 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $9.6M | 198,542 | 6.6% | 6 |
| INVESCO EXCHANGE TRADED FD T | [PWV](https://holderbook.com/stocks/PWV/) | $8.2M | 166,919 | 5.6% | 6 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $7.4M | 16,150 | 5.1% | 6 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $4.2M | 38,795 | 2.9% | 6 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $3.7M | 35,737 | 2.5% | 6 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $2.6M | 22,052 | 1.8% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.6M | 14,512 | 1.8% | 6 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $1.9M | 14,980 | 1.3% | 6 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $1.6M | 15,742 | 1.1% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.6M | 5,085 | 1.1% | 6 |
| LPL FINL HLDGS INC | [LPLA](https://holderbook.com/stocks/LPLA/) | $1.5M | 7,962 | 1.0% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.4M | 497 | 1.0% | 6 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $1.3M | 5,210 | 0.9% | 6 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.3M | 5,621 | 0.9% | 6 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.2M | 23,587 | 0.9% | 6 |
| WISDOMTREE TR | [DES](https://holderbook.com/stocks/DES/) | $1.2M | 37,000 | 0.8% | 6 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $1.2M | 9,030 | 0.8% | 6 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $1.1M | 12,714 | 0.8% | 6 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $1.0M | 41,682 | 0.7% | 6 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $904.0K | 22,148 | 0.6% | 6 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $902.0K | 5,775 | 0.6% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $876.0K | 260 | 0.6% | 6 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $808.0K | 4,854 | 0.6% | 6 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $794.0K | 3,891 | 0.5% | 6 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $769.0K | 5,660 | 0.5% | 6 |
| PIEDMONT REALTY TRUST INC | [PDM](https://holderbook.com/stocks/PDM/) | $735.0K | 43,365 | 0.5% | 6 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $730.0K | 4,739 | 0.5% | 6 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $688.0K | 600 | 0.5% | 6 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $648.0K | 7,787 | 0.4% | 6 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $618.0K | 1,348 | 0.4% | 6 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $573.0K | 1,875 | 0.4% | 6 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $572.0K | 5,085 | 0.4% | 6 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $519.0K | 10,185 | 0.4% | 6 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $491.0K | 6,294 | 0.3% | 6 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $485.0K | 2,751 | 0.3% | 6 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $468.0K | 2,251 | 0.3% | 6 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $467.0K | 6,004 | 0.3% | 6 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $442.0K | 4,805 | 0.3% | 3 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $408.0K | 2,079 | 0.3% | 6 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $405.0K | 5,432 | 0.3% | 6 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $391.0K | 4,994 | 0.3% | 6 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $386.0K | 4,618 | 0.3% | 6 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $380.0K | 1,408 | 0.3% | 6 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $372.0K | 585 | 0.3% | 6 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $366.0K | 5,200 | 0.3% | 6 |
| ISHARES TR | [IJJ](https://holderbook.com/stocks/IJJ/) | $340.0K | 3,100 | 0.2% | 3 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $339.0K | 2,645 | 0.2% | 6 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $315.0K | 1,148 | 0.2% | 6 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $313.0K | 2,848 | 0.2% | 6 |
| ISHARES TR | [IJK](https://holderbook.com/stocks/IJK/) | $312.0K | 4,000 | 0.2% | 4 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $290.0K | 2,119 | 0.2% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $286.0K | 100 | 0.2% | 6 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $285.0K | 2,650 | 0.2% | 6 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $284.0K | 3,189 | 0.2% | 6 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $284.0K | 4,945 | 0.2% | 6 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $280.0K | 5,694 | 0.2% | 6 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $277.0K | 3,291 | 0.2% | 6 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $275.0K | 10,572 | 0.2% | 6 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $264.0K | 756 | 0.2% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $256.0K | 1,515 | 0.2% | 6 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $254.0K | 2,527 | 0.2% | 6 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $246.0K | 1,549 | 0.2% | 6 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $246.0K | 2,476 | 0.2% | 6 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $237.0K | 3,240 | 0.2% | 6 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $236.0K | 6,621 | 0.2% | 6 |
| SPDR SERIES TRUST | [MDYG](https://holderbook.com/stocks/MDYG/) | $235.0K | 3,150 | 0.2% | 6 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $232.0K | 456 | 0.2% | 6 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $226.0K | 877 | 0.2% | 6 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $225.0K | 2,096 | 0.2% | 6 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $223.0K | 387 | 0.2% | 6 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $219.0K | 371 | 0.2% | 6 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $210.0K | 609 | 0.1% | 6 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $203.0K | 3,200 | 0.1% | 1 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $202.0K | 3,000 | 0.1% | 6 |
| FIRST TR EXCHANGE-TRADED FD | [FVD](https://holderbook.com/stocks/FVD/) | $190.0K | 4,487 | 0.1% | 6 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $187.0K | 620 | 0.1% | 4 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $187.0K | 2,368 | 0.1% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $181.0K | 773 | 0.1% | 6 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $179.0K | 1,197 | 0.1% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $179.0K | 787 | 0.1% | 6 |
| CGI INC | [GIB](https://holderbook.com/stocks/GIB/) | $177.0K | 2,192 | 0.1% | 6 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $172.0K | 1,262 | 0.1% | 1 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $171.0K | 3,614 | 0.1% | 6 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $163.0K | 2,925 | 0.1% | 6 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $163.0K | 563 | 0.1% | 6 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $161.0K | 2,962 | 0.1% | 6 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $160.0K | 1,600 | 0.1% | 6 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $159.0K | 849 | 0.1% | 6 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $153.0K | 525 | 0.1% | 6 |
| MANHATTAN ASSOCIATES INC | [MANH](https://holderbook.com/stocks/MANH/) | $152.0K | 1,068 | 0.1% | 6 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $151.0K | 411 | 0.1% | 6 |
| TATA MTRS LTD | [TTM](https://holderbook.com/stocks/TTM/) | $148.0K | 5,000 | 0.1% | 6 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $145.0K | 1,043 | 0.1% | 6 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $145.0K | 287 | 0.1% | 6 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $145.0K | 2,797 | 0.1% | 6 |
| VANGUARD ADMIRAL FDS INC | [VIOG](https://holderbook.com/stocks/VIOG/) | $141.0K | 650 | 0.1% | 4 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $140.0K | 2,378 | 0.1% | 6 |

## 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 |
|---|---|---|---|---|
| Q1 2022 | -5.9% | -4.9% | -1.0% | 100% |
| Q4 2021 | +6.2% | +10.7% | -4.5% | 100% |
| Q3 2021 | -1.0% | +0.3% | -1.2% | 100% |
| Q2 2021 | +6.1% | +8.0% | -1.9% | 100% |
| Q1 2021 | +7.4% | +6.0% | +1.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2022 | $145.1M | 488 |
| Q4 2021 | $146.4M | 456 |
| Q3 2021 | $136.8M | 473 |
| Q2 2021 | $132.7M | 463 |
| Q1 2021 | $121.1M | 463 |
| Q4 2020 | $111.4M | 460 |