# KARLINSKI ANDREW C

> Institutional holdings reported to the SEC as of Q3 2022 on Form 13F. CIK 1914235. Source: https://holderbook.com/funds/1914235-karlinski-andrew-c/

- Reported value: $66.0M
- Positions: 255
- Weight of the ten largest: 48.2%
- Filed: 2022-11-14

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 | [IBMK](https://holderbook.com/stocks/IBMK/) | $4.7M | 183,082 | 7.2% | 2 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $4.4M | 67,232 | 6.7% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.9M | 10,916 | 5.9% | 3 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $3.8M | 111,636 | 5.8% | 4 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $3.4M | 26,793 | 5.2% | 4 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $3.0M | 51,962 | 4.6% | 4 |
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $2.5M | 56,903 | 3.8% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.2M | 6,024 | 3.3% | 4 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $2.0M | 16,962 | 3.1% | 4 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $1.8M | 17,787 | 2.8% | 4 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $1.6M | 27,820 | 2.4% | 4 |
| NEW YORK LIFE INVTS ACTIVE E | [MMIT](https://holderbook.com/stocks/MMIT/) | $1.6M | 67,970 | 2.4% | 1 |
| NEW YORK LIFE INVTS ACTIVE E | [MMIN](https://holderbook.com/stocks/MMIN/) | $1.6M | 67,598 | 2.4% | 1 |
| ISHARES U S ETF TR | [MEAR](https://holderbook.com/stocks/MEAR/) | $1.5M | 29,290 | 2.2% | 2 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $1.4M | 11,046 | 2.2% | 4 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $1.4M | 27,417 | 2.1% | 4 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $1.3M | 10,904 | 2.0% | 4 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.2M | 4,541 | 1.8% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.1M | 8,213 | 1.7% | 4 |
| WISDOMTREE TR | [AGGY](https://holderbook.com/stocks/AGGY/) | $1.1M | 25,170 | 1.6% | 4 |
| SSGA ACTIVE ETF TR | [TOTL](https://holderbook.com/stocks/TOTL/) | $996.0K | 24,800 | 1.5% | 4 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $857.0K | 3,911 | 1.3% | 4 |
| SPDR SERIES TRUST | [SPTI](https://holderbook.com/stocks/SPTI/) | $854.0K | 30,377 | 1.3% | 4 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $831.0K | 5,115 | 1.3% | 4 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $779.0K | 5,937 | 1.2% | 4 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $746.0K | 24,579 | 1.1% | 4 |
| SPDR SERIES TRUST | [SPMB](https://holderbook.com/stocks/SPMB/) | $738.0K | 34,422 | 1.1% | 4 |
| INVESCO EXCH TRD SLF IDX FD | [OMFL](https://holderbook.com/stocks/OMFL/) | $727.0K | 18,604 | 1.1% | 4 |
| ISHARES TR | [IBHB](https://holderbook.com/stocks/IBHB/) | $581.0K | 24,157 | 0.9% | 2 |
| WISDOMTREE TR | [DGRW](https://holderbook.com/stocks/DGRW/) | $567.0K | 10,512 | 0.9% | 4 |
| INVESCO EXCHANGE TRADED FD T | [SPHQ](https://holderbook.com/stocks/SPHQ/) | $559.0K | 14,062 | 0.8% | 4 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $524.0K | 6,006 | 0.8% | 4 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $498.0K | 15,908 | 0.8% | 4 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $495.0K | 19,187 | 0.8% | 4 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $483.0K | 10,861 | 0.7% | 4 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $398.0K | 1,500 | 0.6% | 4 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $382.0K | 4,613 | 0.6% | 4 |
| INVESCO ACTIVELY MANAGED EXC | [GSY](https://holderbook.com/stocks/GSY/) | $376.0K | 7,609 | 0.6% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $313.0K | 3,260 | 0.5% | 4 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $294.0K | 8,161 | 0.4% | 4 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $290.0K | 6,050 | 0.4% | 4 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $286.0K | 3,970 | 0.4% | 4 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $283.0K | 8,951 | 0.4% | 4 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $273.0K | 2,991 | 0.4% | 4 |
| ISHARES INC | [ACWV](https://holderbook.com/stocks/ACWV/) | $271.0K | 3,061 | 0.4% | 4 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $266.0K | 526 | 0.4% | 4 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $265.0K | 11,660 | 0.4% | 4 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $260.0K | 2,300 | 0.4% | 4 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $251.0K | 2,605 | 0.4% | 4 |
| SPDR SERIES TRUST | [SPHY](https://holderbook.com/stocks/SPHY/) | $236.0K | 10,831 | 0.4% | 2 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $234.0K | 2,247 | 0.4% | 4 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $232.0K | 3,410 | 0.4% | 4 |
| WISDOMTREE TR | [XSOE](https://holderbook.com/stocks/XSOE/) | $211.0K | 8,553 | 0.3% | 4 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $202.0K | 4,025 | 0.3% | 4 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $173.0K | 3,892 | 0.3% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $169.0K | 725 | 0.3% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $145.0K | 1,520 | 0.2% | 4 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $128.0K | 2,599 | 0.2% | 4 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $123.0K | 2,543 | 0.2% | 4 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $115.0K | 2,049 | 0.2% | 4 |
| SSGA ACTIVE ETF TR | [SRLN](https://holderbook.com/stocks/SRLN/) | $115.0K | 2,806 | 0.2% | 4 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $111.0K | 3,577 | 0.2% | 4 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $107.0K | 1,345 | 0.2% | 3 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $102.0K | 440 | 0.2% | 4 |
| HUMANA INC | [HUM](https://holderbook.com/stocks/HUM/) | $97.0K | 200 | 0.1% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $95.0K | 750 | 0.1% | 4 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $93.0K | 1,174 | 0.1% | 4 |
| ISHARES TR | [HEFA](https://holderbook.com/stocks/HEFA/) | $89.0K | 2,987 | 0.1% | 4 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $85.0K | 807 | 0.1% | 4 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $79.0K | 277 | 0.1% | 4 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $78.0K | 857 | 0.1% | 4 |
| J P MORGAN EXCHANGE TRADED F | [JPUS](https://holderbook.com/stocks/JPUS/) | $73.0K | 848 | 0.1% | 4 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $73.0K | 253 | 0.1% | 3 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $72.0K | 836 | 0.1% | 4 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $69.0K | 294 | 0.1% | 4 |
| ISHARES INC | [EEMV](https://holderbook.com/stocks/EEMV/) | $68.0K | 1,341 | 0.1% | 4 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $66.0K | 493 | 0.1% | 4 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $65.0K | 1,243 | 0.1% | 4 |
| VANECK ETF TRUST | [PPH](https://holderbook.com/stocks/PPH/) | $58.0K | 866 | 0.1% | 3 |
| FIRST TR EXCHNG TRADED FD VI | [FIXD](https://holderbook.com/stocks/FIXD/) | $52.0K | 1,193 | 0.1% | 3 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $51.0K | 1,196 | 0.1% | 3 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $50.0K | 322 | 0.1% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $47.0K | 175 | 0.1% | 4 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $47.0K | 2,700 | 0.1% | 1 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $47.0K | 100 | 0.1% | 3 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $46.0K | 639 | 0.1% | 4 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $45.0K | 300 | 0.1% | 3 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $44.0K | 305 | 0.1% | 4 |
| INVESCO DB COMMDY INDX TRCK | [DBC](https://holderbook.com/stocks/DBC/) | $42.0K | 1,766 | 0.1% | 3 |
| DBX ETF TR | [DBEF](https://holderbook.com/stocks/DBEF/) | $41.0K | 1,229 | 0.1% | 4 |
| ISHARES TR | [EFAV](https://holderbook.com/stocks/EFAV/) | $40.0K | 700 | 0.1% | 4 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $39.0K | 82 | 0.1% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $39.0K | 369 | 0.1% | 4 |
| WISDOMTREE TR | [USFR](https://holderbook.com/stocks/USFR/) | $39.0K | 779 | 0.1% | 2 |
| ISHARES TR | [IEO](https://holderbook.com/stocks/IEO/) | $38.0K | 455 | 0.1% | 1 |
| ISHARES TR | [FALN](https://holderbook.com/stocks/FALN/) | $37.0K | 1,552 | 0.1% | 3 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $33.0K | 100 | 0.1% | 4 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $33.0K | 597 | 0.1% | 4 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $33.0K | 167 | 0.1% | 3 |
| AMERICAN CENTY ETF TR | [KORP](https://holderbook.com/stocks/KORP/) | $32.0K | 727 | 0.0% | 3 |

## 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 | -4.7% | -5.3% | +0.6% | 100% |
| Q2 2022 | -14.4% | -16.5% | +2.0% | 100% |
| Q1 2022 | -4.9% | -4.9% | +0.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2022 | $66.0M | 255 |
| Q2 2022 | $68.1M | 333 |
| Q1 2022 | $55.1M | 341 |
| Q4 2021 | $54.6M | 252 |