First Affirmative Financial Network
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 10, 2024), First Affirmative Financial Network reported 284 stock positions worth $182.7 million. Its top holding was Vanguard Intermediate-Term T (VGIT) at 5.2% of the portfolio, followed by iShares ESG MSCI KLD 400 ETF (DSI, 4.1%) and Apple (AAPL, 3.5%). Compared with Q2 2024, it opened 42 new positions, sold out of 19, added to 152 and reduced 88. The biggest buy was iShares ESG MSCI KLD 400 ETF (DSI, shares +70%) and the biggest sale an exit from SS SPDR N Ice Muni Bond ETF (TFI).
- Most Recent 13F
- Q1 2026
- Location
- COLORADO SPRINGS, CO
- CIK
- 0001656282
- Portfolio Value
- $182.7M (Q3 2024)
- SEC Filing
- 0001656282-24-000010 ↗ filed Oct 10, 2024
Holdings Value
Holdings 284 stocks · $182.7M
| VGIT Vanguard Intermediate-Term T | 5.20% | 157,077 | $9.5M | Add +0.8% |
| DSI iShares ESG MSCI KLD 400 ETF | 4.13% | 69,382 | $7.5M | Add +70.2% |
| AAPL Apple Inc. | 3.48% | 27,252 | $6.3M | Add +19.4% |
| SPTS SS SPDR P St Term TSY ETF | 3.32% | 206,193 | $6.1M | Add +1.3% |
| MSFT Microsoft Corp. | 3.07% | 13,046 | $5.6M | Add +67.2% |
| NVDA Nvidia Corp. | 3.06% | 46,019 | $5.6M | Add +2.3% |
| GOOGL Alphabet Inc. Class A | 1.68% | 18,525 | $3.1M | Add +74.6% |
| AMZN Amazon.com Inc. | 1.42% | 13,945 | $2.6M | Add +54.3% |
| CGW Invesco S&P Global Water Ind | 1.27% | 37,946 | $2.3M | Reduce -1.0% |
| GOOG Alphabet Inc. Class C | 1.22% | 13,312 | $2.2M | Add +89.1% |
| V Visa Inc. Class A | 1.12% | 7,445 | $2.0M | Add +95.5% |
| MA Mastercard Inc. Class A | 1.03% | 3,823 | $1.9M | Add +25.1% |
| SYK Stryker Corp. | 0.99% | 5,017 | $1.8M | Add +160.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.95% | 10,011 | $1.7M | Add +5.2% |
| META Meta Platforms Inc. Class A | 0.93% | 2,970 | $1.7M | Add +0.9% |
| ICLN iShares Global Clean Energy | 0.90% | 112,167 | $1.6M | Add +1.5% |
| EMNT PIMCO Enhcd St M-Active ESG | 0.86% | 15,917 | $1.6M | Reduce -3.4% |
| TBX Proshares Short 7-10 YR TSY | 0.84% | 54,438 | $1.5M | Add +0.0% |
| DHR Danaher Corp. | 0.82% | 5,357 | $1.5M | Add +83.2% |
| SAP Sap SE-Sponsored ADR | 0.81% | 6,488 | $1.5M | Add +7.8% |
| PG The Procter & Gamble Co. | 0.80% | 8,434 | $1.5M | Add +23.1% |
| AMAT Applied Materials Inc. | 0.77% | 6,997 | $1.4M | Add +18.5% |
| ADP Automatic Data Processing | 0.77% | 5,083 | $1.4M | Add +77.7% |
| JPM JPMorgan Chase & Co. | 0.74% | 6,387 | $1.3M | Add +112.9% |
| LLY Eli Lilly & Co. | 0.73% | 1,501 | $1.3M | Add +17.8% |
| TMO Thermo Fisher Scientific Inc. | 0.69% | 2,049 | $1.3M | Add +10.5% |
| CHT Chunghwa Telecom LT-Spon ADR | 0.66% | 30,501 | $1.2M | Reduce -1.3% |
| JNJ Johnson & Johnson | 0.65% | 7,316 | $1.2M | Add +37.4% |
| LIN Linde PLC | 0.65% | 2,482 | $1.2M | Add +211.0% |
| UL Unilever PLC | 0.63% | 17,778 | $1.2M | Add +0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.61% | 1,945 | $1.1M | New |
| BBEU JPMorgan Betabuilders Europe | 0.60% | 17,597 | $1.1M | New |
| PEP Pepsico Inc. | 0.59% | 6,388 | $1.1M | Add +246.8% |
| AXP American Express Co. | 0.59% | 3,987 | $1.1M | Reduce -7.5% |
| ADBE Adobe Inc. | 0.59% | 2,070 | $1.1M | Add +2.5% |
| CSCO Cisco Systems Inc. | 0.57% | 19,713 | $1.0M | Add +13.3% |
| TSLA Tesla Inc. | 0.56% | 3,926 | $1.0M | Reduce -8.4% |
| AMGN Amgen Inc. | 0.56% | 3,176 | $1.0M | Add +128.7% |
| LOW Lowe's Cos Inc. | 0.56% | 3,767 | $1.0M | Add +132.2% |
| UNH Unitedhealth Group Inc. | 0.53% | 1,641 | $960K | Add +2.3% |
| HD Home Depot Inc. | 0.53% | 2,367 | $959K | Add +33.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.52% | 1,147 | $956K | Add +22.7% |
| ABBV Abbvie Inc. | 0.52% | 4,771 | $942K | Add +6.0% |
| NFLX Netflix Inc. | 0.50% | 1,297 | $920K | Add +16.3% |
| AVGO Broadcom Inc. | 0.49% | 5,226 | $902K | Add +11.0% |
| CMCSA Comcast Corp. Class A | 0.49% | 21,388 | $893K | Add +95.2% |
| NVS Novartis AG-Sponsored ADR | 0.49% | 7,714 | $887K | Add +32.9% |
| TMUS T-Mobile US Inc. | 0.48% | 4,274 | $882K | Add +213.8% |
| SUB iShares Short-Term National | 0.48% | 8,236 | $875K | Add +4.1% |
| CB Chubb Ltd. | 0.47% | 2,961 | $854K | Add +2.0% |
| ORCL Oracle Corp. | 0.46% | 4,913 | $837K | Add +16.9% |
| ADI Analog Devices Inc. | 0.45% | 3,581 | $824K | Add +8.8% |
| ITW Illinois Tool Works | 0.45% | 3,131 | $821K | Add +31.3% |
| PVI Invesco Floating Rate Munici | 0.44% | 32,504 | $808K | Add +109.2% |
| NOW ServiceNow Inc. | 0.44% | 895 | $801K | Add +1.4% |
| ACN Accenture PLC Class A | 0.44% | 2,255 | $797K | Add +8.8% |
| EQIX Equinix Inc. | 0.43% | 877 | $779K | Add +8.1% |
| CRM Salesforce Inc. | 0.42% | 2,799 | $766K | Add +23.2% |
| WMT Walmart Inc. | 0.42% | 9,479 | $765K | New |
| SPGI S&P Global Inc. | 0.42% | 1,479 | $764K | Add +13.9% |
| MRK Merck & Co. Inc. | 0.42% | 6,681 | $759K | Add +18.5% |
| INTU Intuit Inc. | 0.41% | 1,220 | $758K | Reduce -4.5% |
| AWK American Water Works Co. Inc. | 0.40% | 5,030 | $736K | Reduce -1.6% |
| ECL Ecolab Inc. | 0.39% | 2,757 | $704K | Add +23.3% |
| SHM SS SPDR N Ice St Muni ETF | 0.38% | 14,479 | $697K | Add +3.5% |
| TT Trane Technologies PLC | 0.38% | 1,791 | $696K | Reduce -8.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.37% | 3,077 | $680K | Add +4.3% |
| CTAS Cintas Corp. | 0.37% | 3,272 | $674K | Add +2.3% |
| AMT American Tower Corp. | 0.36% | 2,831 | $658K | Add +2.6% |
| KMB Kimberly-Clark Corp. | 0.35% | 4,540 | $646K | Add +9.3% |
| COST Costco Wholesale Corp. | 0.35% | 722 | $640K | Add +35.0% |
| AMD Advanced Micro Devices | 0.35% | 3,880 | $637K | Add +30.3% |
| TAXF American Century Diver Muni | 0.34% | 12,232 | $629K | Add +4.5% |
| PANW Palo Alto Networks Inc. | 0.34% | 1,833 | $626K | Reduce -1.7% |
| BKNG Booking Holdings Inc. | 0.34% | 149 | $626K | Reduce -13.9% |
| IJH iShares Core S&P Midcap ETF | 0.34% | 10,022 | $625K | New |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.33% | 585 | $608K | Reduce -3.5% |
| CP Canadian Pacific Kansas City | 0.33% | 7,087 | $606K | Add +16.1% |
| O Realty Income Corp. | 0.33% | 9,485 | $602K | Reduce -4.2% |
| AZN Astrazeneca PLC-Spons ADR | 0.32% | 7,616 | $593K | Add +38.7% |
| TXN Texas Instruments Inc. | 0.32% | 2,859 | $591K | Reduce -3.0% |
| TD Toronto-Dominion Bank | 0.32% | 9,306 | $589K | Reduce -8.0% |
| CNI Canadian Natl Railway Co. | 0.32% | 5,014 | $587K | Add +16.8% |
| PGR Progressive Corp. | 0.31% | 2,242 | $569K | Add +14.3% |
| TU Telus Corp. | 0.30% | 33,144 | $556K | Add +16.7% |
| SBUX Starbucks Corp. | 0.30% | 5,701 | $556K | Reduce -2.9% |
| PLD Prologis Inc. | 0.29% | 4,219 | $533K | Reduce -7.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.29% | 4,411 | $525K | Reduce -5.5% |
| MDT Medtronic PLC | 0.28% | 5,755 | $518K | Reduce -10.7% |
| WAB Wabtec Corp. | 0.28% | 2,846 | $517K | Add +20.4% |
| ADSK Autodesk Inc. | 0.28% | 1,873 | $516K | Add +2.6% |
| CI The Cigna Group | 0.28% | 1,462 | $507K | Reduce -6.6% |
| KO The Coca-Cola Co. | 0.28% | 7,025 | $505K | Add +25.2% |
| LRCX Lam Research Corp. | 0.28% | 616 | $503K | Add +11.6% |
| ISRG Intuitive Surgical Inc. | 0.27% | 1,016 | $499K | Add +2.0% |
| TM Toyota Motor Corp. -Spon ADR | 0.27% | 2,780 | $496K | Reduce -3.9% |
| UPS United Parcel Service Class B | 0.27% | 3,639 | $496K | Add +1.9% |
| MKC McCormick & Co.-Non VTG SHRS | 0.27% | 6,004 | $494K | Add +2.0% |
| TELFY Telefonica SA-Spon ADR | 0.27% | 101,472 | $493K | Add +30.5% |
| IBMO iShares Ibonds Dec 2026 Term | 0.27% | 19,198 | $493K | Add +3.7% |
Portfolio Sells Q2 2024 → Q3 2024
| TFI SS SPDR N Ice Muni Bond ETF | Sold out | 0.00% | −0.30 |
| EMNT PIMCO Enhcd St M-Active ESG | Reduce -3.4% | 0.86% | −0.27 |
| USB US Bancorp | Sold out | 0.00% | −0.24 |
| PZA Invesco National Amt-Free Mu | Sold out | 0.00% | −0.23 |
| CGW Invesco S&P Global Water Ind | Reduce -1.0% | 1.27% | −0.20 |
| WST West Pharmaceutical Services | Sold out | 0.00% | −0.18 |
| ALV Autoliv Inc. | Sold out | 0.00% | −0.18 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -5.5% | 0.29% | −0.17 |
| INTU Intuit Inc. | Reduce -4.5% | 0.41% | −0.17 |
| CHT Chunghwa Telecom LT-Spon ADR | Reduce -1.3% | 0.66% | −0.17 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.16 |
| OTEX Open Text Corp. | Sold out | 0.00% | −0.16 |
| INTC Intel Corp. | Reduce -7.4% | 0.20% | −0.16 |
| DLB Dolby Laboratories Inc. Class A | Sold out | 0.00% | −0.15 |
| KB KB Financial Group Inc.-ADR | Sold out | 0.00% | −0.15 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.15 |
| CSX CSX Corp. | Sold out | 0.00% | −0.14 |
| BCSF Bain Capital Specialty Finan | Sold out | 0.00% | −0.14 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -3.9% | 0.27% | −0.14 |
| SNPS Synopsys Inc. | Reduce -6.3% | 0.23% | −0.14 |
| BKNG Booking Holdings Inc. | Reduce -13.9% | 0.34% | −0.13 |
| WM Waste Management Inc. | Reduce -20.1% | 0.21% | −0.13 |
| TRV The Travelers Cos Inc. | Reduce -37.3% | 0.17% | −0.13 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -16.3% | 0.12% | −0.13 |
| RKT Rocket Cos Inc. Class A | Sold out | 0.00% | −0.12 |
| DIS The Walt Disney Co. | Reduce -16.7% | 0.21% | −0.12 |
| ETN Eaton Corp. PLC | Reduce -17.2% | 0.26% | −0.12 |
| NTST Netstreit Corp. | Sold out | 0.00% | −0.11 |
| AXP American Express Co. | Reduce -7.5% | 0.59% | −0.10 |
| ELV Elevance Health Inc. | Reduce -7.7% | 0.23% | −0.10 |
| PANW Palo Alto Networks Inc. | Reduce -1.7% | 0.34% | −0.10 |
| MUB iShares National Muni Bond E | Reduce -6.7% | 0.25% | −0.08 |
| CI The Cigna Group | Reduce -6.6% | 0.28% | −0.08 |
| TEL Te Connectivity PLC | Reduce -5.5% | 0.23% | −0.08 |
| MUNI PIMCO Intermediate Municipal | Reduce -7.4% | 0.22% | −0.08 |
| BNS Bank of Nova Scotia | Reduce -17.1% | 0.26% | −0.07 |
| TJX TJX Companies Inc. | Reduce -7.5% | 0.26% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -3.0% | 0.32% | −0.07 |
| STN Stantec Inc. | Reduce -11.6% | 0.15% | −0.07 |
| BMO Bank of Montreal | Reduce -26.6% | 0.12% | −0.07 |
| HUBS HubSpot Inc. | Reduce -13.9% | 0.12% | −0.07 |
| BR Broadridge Financial Solutio | Reduce -18.4% | 0.17% | −0.07 |
| GRMN Garmin Ltd. | Reduce -25.9% | 0.12% | −0.07 |
| MDT Medtronic PLC | Reduce -10.7% | 0.28% | −0.07 |
| TT Trane Technologies PLC | Reduce -8.9% | 0.38% | −0.07 |
| RY Royal Bank of Canada | Reduce -20.2% | 0.19% | −0.07 |
| PAYX Paychex Inc. | Reduce -22.3% | 0.15% | −0.07 |
| TD Toronto-Dominion Bank | Reduce -8.0% | 0.32% | −0.06 |
| CM Can Imperial BK of Commerce | Reduce -33.7% | 0.13% | −0.06 |
| MUSA Murphy USA Inc. | Reduce -14.8% | 0.15% | −0.06 |
Portfolio Buys Q2 2024 → Q3 2024
| DSI iShares ESG MSCI KLD 400 ETF | Add +70.2% | 4.13% | +1.19 |
| MSFT Microsoft Corp. | Add +67.2% | 3.07% | +0.65 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.61% | +0.61 |
| BBEU JPMorgan Betabuilders Europe | New | 0.60% | +0.60 |
| SYK Stryker Corp. | Add +160.1% | 0.99% | +0.54 |
| V Visa Inc. Class A | Add +95.5% | 1.12% | +0.43 |
| WMT Walmart Inc. | New | 0.42% | +0.42 |
| LIN Linde PLC | Add +211.0% | 0.65% | +0.40 |
| PEP Pepsico Inc. | Add +246.8% | 0.59% | +0.38 |
| IJH iShares Core S&P Midcap ETF | New | 0.34% | +0.34 |
| GOOGL Alphabet Inc. Class A | Add +74.6% | 1.68% | +0.34 |
| GOOG Alphabet Inc. Class C | Add +89.1% | 1.22% | +0.32 |
| TMUS T-Mobile US Inc. | Add +213.8% | 0.48% | +0.32 |
| JPM JPMorgan Chase & Co. | Add +112.9% | 0.74% | +0.32 |
| LOW Lowe's Cos Inc. | Add +132.2% | 0.56% | +0.31 |
| DHR Danaher Corp. | Add +83.2% | 0.82% | +0.31 |
| ADP Automatic Data Processing | Add +77.7% | 0.77% | +0.30 |
| NKE Nike Inc. Class B | New | 0.26% | +0.26 |
| AMGN Amgen Inc. | Add +128.7% | 0.56% | +0.26 |
| JMSI JPM Sus Municipal Income | New | 0.22% | +0.22 |
| AMZN Amazon.com Inc. | Add +54.3% | 1.42% | +0.21 |
| MCHP Microchip Technology Inc. | New | 0.20% | +0.20 |
| CMCSA Comcast Corp. Class A | Add +95.2% | 0.49% | +0.19 |
| PVI Invesco Floating Rate Munici | Add +109.2% | 0.44% | +0.17 |
| RELX Relx PLC - Spon ADR | New | 0.17% | +0.17 |
| ARCC Ares Capital Corp. | New | 0.16% | +0.16 |
| XYL Xylem Inc. | New | 0.16% | +0.16 |
| RACE Ferrari NV | New | 0.16% | +0.16 |
| ICE Intercontinental Exchange Inc. | New | 0.15% | +0.15 |
| KR Kroger Co. | New | 0.15% | +0.15 |
| AAPL Apple Inc. | Add +19.4% | 3.48% | +0.14 |
| TLK Telkom Indonesia Persero-ADR | New | 0.14% | +0.14 |
| MSI Motorola Solutions Inc. | New | 0.13% | +0.13 |
| HOLX Hologic Inc. | New | 0.13% | +0.13 |
| EA Electronic Arts Inc. | New | 0.13% | +0.13 |
| MELI MercadoLibre Inc. | New | 0.13% | +0.13 |
| WELL Welltower Inc. | New | 0.13% | +0.13 |
| CBRE CBRE Group Inc. Class A | New | 0.13% | +0.13 |
| BEKE Ke Holdings Inc.-ADR | New | 0.12% | +0.12 |
| TAK Takeda Pharmaceutic-SP ADR | New | 0.12% | +0.12 |
| ING ING Groep N.V.-Sponsored ADR | New | 0.12% | +0.12 |
| WPM Wheaton Precious Metals Corp. | New | 0.12% | +0.12 |
| CVS CVS Health Corp. | New | 0.12% | +0.12 |
| HSY The Hershey Co. | New | 0.12% | +0.12 |
| JLL Jones Lang Lasalle Inc. | New | 0.12% | +0.12 |
| BUD Anheuser-Busch Inbev-SPN ADR | New | 0.12% | +0.12 |
| APTV Aptiv Irish Holdings Ltd. | New | 0.11% | +0.11 |
| CHKP Check Point Software Tech | New | 0.11% | +0.11 |
| SHG Shinhan Financial Group-ADR | New | 0.11% | +0.11 |
| IRM Iron Mountain Inc. | New | 0.11% | +0.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026Amended | 325 | $257.7M | SHE, NVDA, SPTS, AAPL, VGIT |
| Q3 2025 | 296 | $212.5M | SHE, SPTS, NVDA, AAPL, MSFT |
| Q2 2025 | 279 | $194.5M | VGIT, JSTC, NVDA, SPTS, MSFT |
| Q1 2025 | 269 | $163.2M | VGIT, SPTS, AAPL, NVDA, MSFT |
| Q4 2024 | 269 | $173.3M | VGIT, DSI, AAPL, SPTS, NVDA |
| Q3 2024 | 284 | $182.7M | VGIT, DSI, AAPL, SPTS, MSFT |
| Q2 2024 | 261 | $144.1M | VGIT, SPTS, NVDA, AAPL, DSI |
| Q1 2024 | 254 | $135.7M | VGIT, SPTS, DSI, NVDA, AAPL |