First Affirmative Network 13F annual report

First Affirmative Network is an investment fund managing more than $144 billion ran by Kathleen Lewis. There are currently 249 companies in Mrs. Lewis’s portfolio. The largest investments include Vanguard Scottsdale Fds and Spdr Ser Tr, together worth $16 billion.

Limited to 30 biggest holdings

$144 billion Assets Under Management (AUM)

As of 3rd July 2024, First Affirmative Network’s top holding is 155,823 shares of Vanguard Scottsdale Fds currently worth over $9.07 billion and making up 6.3% of the portfolio value. In addition, the fund holds 227,129 shares of Spdr Ser Tr worth $6.97 billion. The third-largest holding is NVIDIA Corp worth $5.56 billion and the next is Apple Inc worth $4.81 billion, with 22,820 shares owned.

Currently, First Affirmative Network's portfolio is worth at least $144 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at First Affirmative Network

The First Affirmative Network office and employees reside in Colorado Springs, Colorado. According to the last 13-F report filed with the SEC, Kathleen Lewis serves as the Chief Compliance Officer at First Affirmative Network.

Recent trades

In the most recent 13F filing, First Affirmative Network revealed that it had opened a new position in Ishares Tr and bought 16,086 shares worth $402 million.

The investment fund also strengthened its position in Spdr Ser Tr by buying 358 additional shares. This makes their stake in Spdr Ser Tr total 227,129 shares worth $6.97 billion.

On the other hand, there are companies that First Affirmative Network is getting rid of from its portfolio. First Affirmative Network closed its position in Ishares Tr on 10th July 2024. It sold the previously owned 21,623 shares for $642 million. Kathleen Lewis also disclosed a decreased stake in Vanguard Scottsdale Fds by approximately 0.1%. This leaves the value of the investment at $9.07 billion and 155,823 shares.

One of the smallest hedge funds

The two most similar investment funds to First Affirmative Network are Diamant Asset Management, Inc and Montz Harcus Wealth Management. They manage $144 billion and $144 billion respectively.


Kathleen Lewis investment strategy

First Affirmative Network’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Technology — making up 19.4% of the total portfolio value. The fund focuses on investments in the United States as 42.6% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 51% of the total holdings value. On the other hand, small-cap stocks make up only 2.0% of the portfolio. The average market cap of the portfolio companies is close to $116 billion.

The complete list of First Affirmative Network trades based on 13F SEC filings

These positions were updated on July 10th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Vanguard Scottsdale Fds
0.16%
155,823
$9,073,574,000 6.30%
Spdr Ser Tr
0.16%
227,129
$6,974,861,000 4.84%
NVIDIA Corp
940.42%
44,967
$5,555,202,000 3.86%
Apple Inc
3.74%
22,820
$4,806,304,000 3.34%
Ishares Tr
1.98%
201,681
$8,116,927,000 5.63%
Microsoft Corporation
6.44%
7,803
$3,487,719,000 2.42%
Invesco Exch Traded Fd Tr Ii
9.83%
67,833
$2,834,987,000 1.97%
Alphabet Inc
2.62%
17,648
$3,223,690,000 2.24%
Amazon.com Inc.
5.34%
9,039
$1,746,799,000 1.21%
Taiwan Semiconductor Mfg Ltd
4.60%
9,513
$1,653,484,000 1.15%
Pimco Etf Tr
5.07%
24,847
$2,061,835,000 1.43%
Proshares Tr
0.31%
54,433
$1,609,030,000 1.12%
Meta Platforms Inc
6.83%
2,942
$1,483,214,000 1.03%
Applied Matls Inc
1.83%
5,904
$1,393,365,000 0.97%
Mastercard Incorporated
12.98%
3,055
$1,347,900,000 0.94%
Sap SE
12.42%
6,020
$1,214,199,000 0.84%
Chunghwa Telecom Co Ltd
2.57%
30,886
$1,192,495,000 0.83%
Eli Lilly & Co
0.08%
1,274
$1,153,615,000 0.80%
Procter And Gamble Co
13.57%
6,853
$1,130,229,000 0.78%
Adobe Inc
14.33%
2,019
$1,121,364,000 0.78%
Thermo Fisher Scientific Inc.
5.10%
1,854
$1,025,427,000 0.71%
Visa Inc
9.11%
3,809
$999,660,000 0.69%
American Express Co.
3.92%
4,312
$998,487,000 0.69%
Unilever plc
5.98%
17,708
$973,783,000 0.68%
Asml Holding N V
11.84%
935
$956,134,000 0.66%
Tesla Inc
2.53%
4,285
$847,873,000 0.59%
Intuit Inc
2.15%
1,277
$839,417,000 0.58%
Cisco Sys Inc
12.43%
17,393
$826,364,000 0.57%
Unitedhealth Group Inc
6.20%
1,604
$816,750,000 0.57%
Johnson & Johnson
4.13%
5,323
$777,938,000 0.54%
Abbvie Inc
15.61%
4,502
$772,206,000 0.54%
Broadcom Inc.
0.42%
471
$756,534,000 0.53%
Netflix Inc.
13.43%
1,115
$752,725,000 0.52%
Analog Devices Inc.
9.47%
3,293
$751,702,000 0.52%
Chubb Limited
1.97%
2,904
$740,790,000 0.51%
Danaher Corp.
4.06%
2,924
$730,548,000 0.51%
Merck & Co Inc
2.51%
5,636
$697,730,000 0.48%
ServiceNow Inc
2.44%
883
$694,358,000 0.48%
Booking Holdings Inc
2.81%
173
$684,523,000 0.48%
Automatic Data Processing In
3.74%
2,860
$682,688,000 0.47%
Novo-nordisk A S
4.76%
4,666
$666,065,000 0.46%
American Wtr Wks Co Inc New
5.06%
5,109
$659,879,000 0.46%
Stryker Corp.
6.57%
1,929
$656,240,000 0.46%
Trane Technologies plc
14.30%
1,966
$646,814,000 0.45%
Palo Alto Networks Inc
4.70%
1,865
$632,220,000 0.44%
Accenture Plc Ireland
43.36%
2,073
$629,113,000 0.44%
Novartis AG
22.03%
5,805
$618,047,000 0.43%
Equinix Inc
43.79%
811
$613,964,000 0.43%
Home Depot, Inc.
20.94%
1,779
$612,276,000 0.42%
JPMorgan Chase & Co.
11.36%
3,000
$606,850,000 0.42%
Oracle Corp.
1.47%
4,204
$593,667,000 0.41%
Toyota Motor Corporation
7.78%
2,894
$593,124,000 0.41%
American Centy Etf Tr
0.86%
11,705
$589,478,000 0.41%
Lam Research Corp.
5.14%
552
$588,026,000 0.41%
Salesforce Inc
22.15%
2,272
$584,042,000 0.41%
S&P Global Inc
9.81%
1,299
$579,461,000 0.40%
Kimberly-Clark Corp.
18.68%
4,155
$574,205,000 0.40%
Texas Instrs Inc
1.48%
2,949
$573,740,000 0.40%
Illinois Tool Wks Inc
0.29%
2,385
$565,091,000 0.39%
Cintas Corporation
5.12%
800
$560,191,000 0.39%
Toronto Dominion Bk Ont
1.91%
10,120
$556,194,000 0.39%
Grainger W W Inc
5.02%
606
$547,089,000 0.38%
Eaton Corp Plc
10.71%
1,718
$538,703,000 0.37%
American Tower Corp.
1.03%
2,759
$536,290,000 0.37%
Synopsys, Inc.
6.55%
899
$535,050,000 0.37%
Ecolab, Inc.
5.12%
2,236
$532,239,000 0.37%
Realty Income Corp.
0.73%
9,900
$522,924,000 0.36%
Cigna Group (The)
5.17%
1,566
$517,815,000 0.36%
Intel Corp.
0.05%
16,616
$514,595,000 0.36%
Prologis Inc
0.07%
4,550
$510,961,000 0.35%
International Business Machs
3.15%
2,949
$510,014,000 0.35%
Medtronic Plc
13.59%
6,446
$507,376,000 0.35%
Canadian Natl Ry Co
22.31%
4,293
$507,102,000 0.35%
Bank Nova Scotia Halifax
6.10%
10,706
$489,478,000 0.34%
Waste Mgmt Inc Del
11.81%
2,291
$488,798,000 0.34%
United Parcel Service, Inc.
0.88%
3,570
$488,561,000 0.34%
Tjx Cos Inc New
19.22%
4,435
$488,287,000 0.34%
Advanced Micro Devices Inc.
19.41%
2,978
$483,084,000 0.34%
Canadian Pacific Kansas City
13.82%
6,102
$480,450,000 0.33%
Elevance Health Inc
5.07%
880
$476,675,000 0.33%
Disney Walt Co
16.45%
4,708
$467,468,000 0.32%
Abbott Labs
0.61%
4,404
$457,594,000 0.32%
Starbucks Corp.
15.83%
5,868
$456,836,000 0.32%
Costco Whsl Corp New
6.79%
535
$454,364,000 0.32%
Autodesk Inc.
1.33%
1,826
$451,800,000 0.31%
TE Connectivity Ltd
41.60%
3,002
$451,613,000 0.31%
Vertex Pharmaceuticals, Inc.
1.06%
953
$446,832,000 0.31%
Target Corp
1.44%
3,006
$445,013,000 0.31%
Intuitive Surgical Inc
2.68%
996
$442,891,000 0.31%
Ishares Tr
Closed
21,623
$641,924,000
AMGEN Inc.
10.33%
1,389
$434,060,000 0.30%
Travelers Companies Inc.
4.22%
2,124
$431,889,000 0.30%
Telus Corp.
22.59%
28,402
$430,003,000 0.30%
Comcast Corp New
9.68%
10,959
$429,141,000 0.30%
Astrazeneca plc
18.41%
5,492
$428,349,000 0.30%
Verizon Communications Inc
6.10%
10,365
$427,457,000 0.30%
Qualcomm, Inc.
1.10%
2,107
$419,602,000 0.29%
McCormick & Co., Inc.
0.49%
5,884
$417,431,000 0.29%
Investment Managers Ser Tr I
1.72%
11,516
$416,366,000 0.29%
Equity Residential
3.65%
5,984
$414,934,000 0.29%
Micron Technology Inc.
6.69%
3,143
$413,345,000 0.29%
Progressive Corp.
1.34%
1,961
$407,217,000 0.28%
Ishares Tr
Opened
16,086
$402,305,000 0.28%
Cadence Design System Inc
2.64%
1,290
$396,939,000 0.28%
Vanguard World Fd
No change
1,243
$390,563,000 0.27%
Workday Inc
6.46%
1,698
$379,626,000 0.26%
Wabtec
4.65%
2,364
$373,596,000 0.26%
Allstate Corp (The)
1.00%
2,330
$371,976,000 0.26%
Colgate-Palmolive Co.
0.95%
3,829
$371,584,000 0.26%
Royal Bk Cda
10.70%
3,448
$366,835,000 0.25%
Bank America Corp
3.63%
9,013
$358,457,000 0.25%
Lowes Cos Inc
2.76%
1,622
$357,547,000 0.25%
Coca-Cola Co
16.85%
5,610
$357,045,000 0.25%
Broadridge Finl Solutions In
4.80%
1,811
$356,760,000 0.25%
Crowdstrike Holdings Inc
5.09%
929
$355,821,000 0.25%
Orange.
2.47%
35,191
$351,559,000 0.24%
Linde Plc.
8.57%
798
$350,320,000 0.24%
Us Bancorp Del
0.58%
8,715
$346,000,000 0.24%
Cincinnati Finl Corp
2.24%
2,920
$344,908,000 0.24%
CME Group Inc
9.77%
1,730
$340,057,000 0.24%
Boston Scientific Corp.
9.09%
4,394
$338,371,000 0.23%
Air Prods & Chems Inc
1.52%
1,294
$333,955,000 0.23%
Waste Connections Inc
2.71%
1,892
$331,841,000 0.23%
Marsh & McLennan Cos., Inc.
1.14%
1,564
$329,509,000 0.23%
Otis Worldwide Corporation
4.28%
3,423
$329,488,000 0.23%
Stantec Inc
3.04%
3,926
$327,977,000 0.23%
Telefonica S.A
21.27%
77,735
$327,266,000 0.23%
Cummins Inc.
0.76%
1,176
$325,542,000 0.23%
Gilead Sciences, Inc.
7.32%
4,660
$319,754,000 0.22%
Essential Utils Inc
7.75%
8,523
$318,149,000 0.22%
Amcor Plc
0.61%
32,505
$317,895,000 0.22%
KT Corporation
2.09%
23,127
$316,149,000 0.22%
Nxp Semiconductors N V
3.83%
1,156
$311,156,000 0.22%
Paychex Inc.
28.89%
2,610
$309,408,000 0.21%
Murphy USA Inc
5.08%
654
$307,248,000 0.21%
Weyerhaeuser Co Mtn Be
32.63%
10,742
$304,963,000 0.21%
Aflac Inc.
14.59%
3,407
$304,320,000 0.21%
Pepsico Inc
13.08%
1,842
$303,845,000 0.21%
Genuine Parts Co.
1.39%
2,195
$303,561,000 0.21%
Sun Life Financial, Inc.
2.67%
6,156
$301,562,000 0.21%
Blue Owl Capital Corporation
11.63%
19,424
$298,355,000 0.21%
Abrdn Precious Metals Basket
0.28%
2,888
$297,361,000 0.21%
Mondelez International Inc.
5.03%
4,531
$296,496,000 0.21%
Lloyds Banking Group plc
1.49%
106,928
$291,912,000 0.20%
Vanguard Mun Bd Fds
5.04%
5,816
$291,428,000 0.20%
Manulife Finl Corp
1.43%
10,927
$290,883,000 0.20%
Johnson Ctls Intl Plc
1.63%
4,361
$289,871,000 0.20%
Brown & Brown, Inc.
18.00%
3,199
$286,032,000 0.20%
Bank Montreal Que
13.48%
3,389
$284,138,000 0.20%
CGI Inc
3.99%
2,841
$283,538,000 0.20%
Canadian Imperial Bk Comm To
13.05%
5,937
$282,236,000 0.20%
Union Pac Corp
6.06%
1,243
$281,162,000 0.20%
Tennant Co.
2.01%
2,838
$279,405,000 0.19%
Carrier Global Corporation
2.36%
4,416
$278,582,000 0.19%
Orix Corporation
9.83%
2,502
$278,486,000 0.19%
Garmin Ltd
4.86%
1,702
$277,323,000 0.19%
HubSpot Inc
5.07%
468
$275,903,000 0.19%
Morgan Stanley
10.44%
2,831
$275,175,000 0.19%
First Solar Inc
12.84%
1,201
$270,705,000 0.19%
Dell Technologies Inc
Opened
1,916
$264,183,000 0.18%
PayPal Holdings Inc
Closed
3,943
$264,168,000
Zoetis Inc
14.20%
1,523
$264,104,000 0.18%
West Pharmaceutical Svsc Inc
2.22%
794
$261,612,000 0.18%
Public Storage.
Closed
896
$259,982,000
AT&T, Inc.
4.95%
13,604
$259,965,000 0.18%
Koninklijke Philips N.V.
0.43%
10,316
$259,957,000 0.18%
Amdocs Ltd
6.16%
3,275
$258,478,000 0.18%
Sumitomo Mitsui Finl Group I
13.69%
19,269
$258,401,000 0.18%
Becton Dickinson & Co.
3.86%
1,096
$256,086,000 0.18%
Autoliv Inc.
25.48%
2,384
$255,035,000 0.18%
Chipotle Mexican Grill
5,688.57%
4,052
$253,874,000 0.18%
Thomson-Reuters Corp
1.96%
1,506
$253,857,000 0.18%
Mcdonalds Corp
20.00%
990
$252,213,000 0.18%
Schwab Charles Corp
2.43%
3,419
$251,966,000 0.17%
BCE Inc
14.58%
7,709
$249,549,000 0.17%
EBay Inc.
0.89%
4,630
$248,698,000 0.17%
GSK Plc
4.66%
6,359
$244,819,000 0.17%
Goldman Sachs Etf Tr
Opened
4,958
$244,201,000 0.17%
Dover Corp.
Opened
1,350
$243,623,000 0.17%
Caterpillar Inc.
Closed
664
$243,380,000
Hilton Worldwide Holdings Inc
1.36%
1,114
$243,014,000 0.17%
Rayonier Inc.
0.69%
8,329
$242,294,000 0.17%
T-Mobile US, Inc.
7.33%
1,362
$239,878,000 0.17%
Rogers Communications Inc.
11.19%
6,450
$238,534,000 0.17%
Emerson Elec Co
Opened
2,156
$237,467,000 0.16%
Pentair plc
1.29%
3,072
$235,549,000 0.16%
Sanofi
6.82%
4,826
$234,135,000 0.16%
Open Text Corp
5.17%
7,774
$233,537,000 0.16%
Spdr Ser Tr
Opened
4,370
$232,047,000 0.16%
Nike, Inc.
Closed
2,459
$231,069,000
Diageo plc
Closed
1,553
$230,995,000
Bristol-Myers Squibb Co.
17.59%
5,548
$230,403,000 0.16%
IQVIA Holdings Inc
1.63%
1,087
$229,766,000 0.16%
Hannon Armstrong Sust Infr C
5.32%
7,745
$229,259,000 0.16%
Arista Networks Inc
Opened
654
$229,098,000 0.16%
Pearson plc
14.43%
18,355
$229,066,000 0.16%
Digital Rlty Tr Inc
Opened
1,504
$228,712,000 0.16%
Equity Comwlth
7.27%
11,770
$228,340,000 0.16%
Reynolds Consumer Prods Inc
2.54%
8,129
$227,456,000 0.16%
Avalonbay Cmntys Inc
5.69%
1,061
$219,412,000 0.15%
Dolby Laboratories Inc
4.89%
2,766
$219,172,000 0.15%
Aptiv PLC
Closed
2,748
$218,878,000
Sk Telecom Ltd
0.23%
10,429
$218,288,000 0.15%
Sonoco Prods Co
0.65%
4,280
$217,075,000 0.15%
Cooper Cos Inc
8.76%
2,484
$216,868,000 0.15%
Deere & Co.
Opened
580
$216,708,000 0.15%
Bank Hawaii Corp
0.79%
3,783
$216,398,000 0.15%
Pulte Group Inc
Closed
1,782
$214,993,000
Regeneron Pharmaceuticals, Inc.
Opened
204
$214,467,000 0.15%
KLA Corp.
Opened
259
$213,928,000 0.15%
Shopify Inc
0.40%
3,220
$212,652,000 0.15%
Kb Finl Group Inc
6.60%
3,753
$212,448,000 0.15%
Manager Directed Portfolios
3.59%
21,931
$212,070,000 0.15%
Parker-Hannifin Corp.
3.68%
419
$211,872,000 0.15%
Constellation Brands Inc
2.36%
823
$211,797,000 0.15%
Ansys Inc.
2.95%
659
$211,753,000 0.15%
Mitsubishi Ufj Finl Group In
5.06%
19,463
$210,197,000 0.15%
Newmont Corp
Opened
5,018
$210,117,000 0.15%
Heartland Finl Usa Inc
Opened
4,706
$209,177,000 0.15%
Icici Bank Limited
Opened
7,172
$206,611,000 0.14%
CSX Corp.
8.70%
6,160
$206,041,000 0.14%
Price T Rowe Group Inc
1.89%
1,782
$205,511,000 0.14%
HDFC Bank Ltd.
Opened
3,162
$203,443,000 0.14%
Camden Ppty Tr
Opened
1,863
$203,307,000 0.14%
Shinhan Financial Group Co L
Closed
5,712
$202,703,000
HP Inc
Opened
5,784
$202,547,000 0.14%
Kroger Co.
Closed
3,545
$202,543,000
Bain Cap Specialty Fin Inc
18.15%
12,359
$201,581,000 0.14%
Telefonaktiebolaget Lm Erics
18.16%
31,139
$192,129,000 0.13%
Rocket Cos Inc
8.77%
13,021
$178,382,000 0.12%
Mizuho Financial Group, Inc.
14.23%
41,156
$174,091,000 0.12%
Golub Cap Bdc Inc
4.23%
10,861
$170,629,000 0.12%
NetSTREIT Corp.
10.60%
10,175
$163,812,000 0.11%
Ase Technology Hldg Co Ltd
5.54%
13,479
$153,934,000 0.11%
Companhia De Saneamento Basi
10.59%
11,165
$150,163,000 0.10%
Nokia Corp
15.67%
36,263
$137,075,000 0.10%
Centrais Eletricas Brasileir
34.34%
19,815
$127,413,000 0.09%
Grupo Aval Acciones Y Valore
5.60%
57,604
$125,576,000 0.09%
NatWest Group plc
1.72%
15,573
$125,048,000 0.09%
Vodafone Group plc
35.93%
13,931
$123,567,000 0.09%
Banco Bilbao Vizcaya Argenta
Opened
11,625
$116,604,000 0.08%
Cia Energetica De Minas Gera
56.88%
65,058
$114,502,000 0.08%
Himax Technologies
43.58%
11,210
$89,005,000 0.06%
Nomura Holdings Inc.
30.93%
14,534
$84,009,000 0.06%
Sunnova Energy International Inc
12.87%
14,829
$82,748,000 0.06%
Itau Unibanco Hldg S A
13.87%
13,040
$76,152,000 0.05%
NIO Inc
32.14%
17,516
$72,867,000 0.05%
Wipro Ltd.
13.75%
11,566
$70,550,000 0.05%
Hudson Pac Pptys Inc
8.49%
12,593
$60,574,000 0.04%
Banco Santander S.A.
Opened
12,470
$57,734,000 0.04%
TPI Composites Inc
7.22%
11,635
$46,423,000 0.03%
Opendoor Technologies Inc.
2.75%
24,145
$44,426,000 0.03%
GreenTree Hospitality Group Ltd
Opened
15,184
$36,897,000 0.03%
Plug Power Inc
14.88%
13,572
$31,624,000 0.02%
Companhia Siderurgica Nacion
2.88%
13,270
$30,522,000 0.02%
Village Farms International Inc
0.84%
19,428
$19,817,000 0.01%
Gevo Inc
12.56%
35,258
$19,646,000 0.01%
Maxeon Solar Technologies Lt
Opened
11,061
$9,435,000 0.01%
Veru Inc
Closed
11,671
$8,171,000
Dare Bioscience Inc
Closed
12,211
$5,986,000
Brainstorm Cell Therapeutics, Inc.
6.45%
14,293
$4,838,000 0.00%
Workhorse Group Inc
Closed
11,009
$2,583,000
No transactions found
Showing first 500 out of 262 holdings