# FourThought Financial, LLC

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1865966. Source: https://holderbook.com/funds/1865966-fourthought-financial-llc/

- Reported value: $676.7M
- Positions: 1,479
- Weight of the ten largest: 23.2%
- Filed: 2022-11-21

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/) | $30.3M | 219,397 | 4.5% | 8 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $24.8M | 106,505 | 3.7% | 8 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $15.0M | 190,717 | 2.2% | 8 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $14.7M | 38,090 | 2.2% | 8 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $13.0M | 60,431 | 1.9% | 8 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $12.6M | 77,131 | 1.9% | 8 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $12.5M | 129,559 | 1.9% | 8 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $11.8M | 21,505 | 1.7% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $11.5M | 70,192 | 1.7% | 8 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $10.8M | 39,240 | 1.6% | 8 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $10.4M | 67,440 | 1.5% | 8 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $10.2M | 54,265 | 1.5% | 8 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $10.2M | 202,650 | 1.5% | 8 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $9.8M | 179,969 | 1.4% | 8 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $9.7M | 20,605 | 1.4% | 8 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $9.7M | 54,771 | 1.4% | 8 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $9.5M | 75,236 | 1.4% | 8 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $9.5M | 249,214 | 1.4% | 8 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $9.4M | 40,479 | 1.4% | 8 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $9.1M | 63,102 | 1.3% | 8 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $8.5M | 18,064 | 1.3% | 8 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $8.2M | 18,492 | 1.2% | 8 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $8.1M | 35,925 | 1.2% | 8 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $7.7M | 95,690 | 1.1% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $7.6M | 66,910 | 1.1% | 8 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $7.3M | 64,976 | 1.1% | 8 |
| LAM RESEARCH CORP | [LRCXXXXX](https://holderbook.com/stocks/LRCXXXXX/) | $7.3M | 19,944 | 1.1% | 8 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $7.1M | 176,311 | 1.0% | 8 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $7.0M | 237,728 | 1.0% | 8 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $6.9M | 66,491 | 1.0% | 8 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $6.8M | 26,528 | 1.0% | 8 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $6.7M | 36,945 | 1.0% | 8 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $6.6M | 81,294 | 1.0% | 8 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $5.8M | 60,692 | 0.9% | 8 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $5.8M | 11,404 | 0.9% | 8 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $5.1M | 60,342 | 0.8% | 8 |
| BEST BUY INC | [BBY](https://holderbook.com/stocks/BBY/) | $4.7M | 74,972 | 0.7% | 8 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $4.5M | 13,714 | 0.7% | 8 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $4.4M | 26,473 | 0.6% | 8 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $4.3M | 52,310 | 0.6% | 8 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $4.3M | 165,652 | 0.6% | 8 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $4.1M | 41,664 | 0.6% | 8 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $4.1M | 30,828 | 0.6% | 8 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $4.1M | 91,585 | 0.6% | 8 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $3.9M | 10,040 | 0.6% | 8 |
| FIRST TR EXCHANGE-TRADED FD | [EMLP](https://holderbook.com/stocks/EMLP/) | $3.7M | 147,913 | 0.5% | 8 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $3.7M | 4,417 | 0.5% | 8 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $3.6M | 24,909 | 0.5% | 8 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $3.5M | 63,392 | 0.5% | 8 |
| LAKELAND FINL CORP | [LKFN](https://holderbook.com/stocks/LKFN/) | $3.5M | 47,480 | 0.5% | 8 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $3.4M | 20,295 | 0.5% | 8 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.4M | 12,674 | 0.5% | 8 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $3.4M | 22,659 | 0.5% | 8 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $3.2M | 30,813 | 0.5% | 8 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $3.2M | 8,412 | 0.5% | 8 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $3.1M | 118,601 | 0.5% | 8 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $3.1M | 53,414 | 0.5% | 8 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $3.1M | 23,637 | 0.5% | 8 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $3.0M | 21,844 | 0.4% | 8 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.9M | 24,294 | 0.4% | 8 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $2.9M | 9,966 | 0.4% | 8 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.9M | 29,971 | 0.4% | 8 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $2.9M | 33,156 | 0.4% | 8 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $2.8M | 10,172 | 0.4% | 8 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.7M | 31,022 | 0.4% | 8 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $2.7M | 39,320 | 0.4% | 8 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $2.6M | 27,241 | 0.4% | 8 |
| ISHARES TR | [ISTB](https://holderbook.com/stocks/ISTB/) | $2.6M | 56,928 | 0.4% | 6 |
| AUTODESK INC | [ADSK](https://holderbook.com/stocks/ADSK/) | $2.6M | 13,816 | 0.4% | 8 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $2.6M | 9,078 | 0.4% | 8 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $2.5M | 26,271 | 0.4% | 8 |
| VANGUARD SCOTTSDALE FDS | [VONV](https://holderbook.com/stocks/VONV/) | $2.5M | 41,469 | 0.4% | 8 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $2.3M | 5,550 | 0.3% | 8 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $2.2M | 12,341 | 0.3% | 8 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $2.2M | 16,724 | 0.3% | 8 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $2.2M | 23,345 | 0.3% | 8 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $2.1M | 13,095 | 0.3% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.0M | 7,667 | 0.3% | 8 |
| MONOLITHIC PWR SYS INC | [MPWR](https://holderbook.com/stocks/MPWR/) | $2.0M | 5,598 | 0.3% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $2.0M | 5 | 0.3% | 8 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $2.0M | 23,650 | 0.3% | 8 |
| KAYNE ANDERSON NEXTGEN ENRGY | [KMF](https://holderbook.com/stocks/KMF/) | $1.9M | 272,215 | 0.3% | 8 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $1.8M | 76,103 | 0.3% | 8 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $1.8M | 37,915 | 0.3% | 8 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $1.8M | 26,051 | 0.3% | 8 |
| ILLUMINA INC | [ILMN](https://holderbook.com/stocks/ILMN/) | $1.8M | 9,267 | 0.3% | 8 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $1.7M | 13,466 | 0.2% | 8 |
| XCEL ENERGY INC | [XEL](https://holderbook.com/stocks/XEL/) | $1.6M | 25,332 | 0.2% | 8 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $1.6M | 15,385 | 0.2% | 8 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $1.5M | 14,214 | 0.2% | 8 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.5M | 8,418 | 0.2% | 8 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $1.5M | 10,105 | 0.2% | 8 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $1.4M | 9,751 | 0.2% | 8 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $1.4M | 4,415 | 0.2% | 8 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $1.3M | 5,954 | 0.2% | 8 |
| SS&C TECH HLDGS | [SSNC](https://holderbook.com/stocks/SSNC/) | $1.3M | 28,067 | 0.2% | 8 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $1.3M | 32,786 | 0.2% | 8 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $1.3M | 29,227 | 0.2% | 8 |
| COHEN & STEERS REIT & PFD & | [RNP](https://holderbook.com/stocks/RNP/) | $1.2M | 62,469 | 0.2% | 8 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $1.2M | 23,096 | 0.2% | 4 |

## 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 2022 | -5.9% | -5.3% | -0.6% | 100% |
| Q2 2022 | -14.2% | -16.5% | +2.3% | 100% |
| Q1 2022 | -5.4% | -4.9% | -0.5% | 100% |
| Q4 2021 | +9.0% | +10.7% | -1.7% | 100% |
| Q3 2021 | -1.1% | +0.3% | -1.3% | 100% |
| Q2 2021 | +6.3% | +8.0% | -1.7% | 100% |
| Q1 2021 | +6.2% | +6.0% | +0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $676.7M | 1,479 |
| Q2 2022 | $684.1M | 1,462 |
| Q1 2022 | $790.4M | 1,448 |
| Q4 2021 | $795.2M | 1,483 |
| Q3 2021 | $748.7M | 1,554 |
| Q2 2021 | $747.5M | 1,533 |
| Q1 2021 | $690.9M | 1,507 |
| Q4 2020 | $625.8M | 1,496 |