# EDGAR Filing Document

**Accession Number:** 0001879345
**File Stem:** 0001085146-23-000367
**Filing Date:** 2023-1
**Character Count:** 13206
**Document Hash:** 210c99ba501961e4acf7c5e1c94882c7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000367.hdr.sgml**: 20230125

**ACCESSION NUMBER**: 0001085146-23-000367

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230125

**DATE AS OF CHANGE**: 20230125

**EFFECTIVENESS DATE**: 20230125

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AFS Financial Group, LLC
- **CENTRAL INDEX KEY:** 0001879345
- **IRS NUMBER:** 271254218
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21362
- **FILM NUMBER:** 23549933

**BUSINESS ADDRESS:**
- **STREET 1:** 7700 OLD GEORGETOWN RD.
- **STREET 2:** SUITE 630
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814
- **BUSINESS PHONE:** 301-951-2642

**MAIL ADDRESS:**
- **STREET 1:** 7700 OLD GEORGETOWN RD.
- **STREET 2:** SUITE 630
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** AFS Financial Group LLC<br>**Address:** 7700 OLD GEORGETOWN RD.<br>SUITE 630<br>BETHESDA, MD 20814

**Form 13F File Number:** 028-21362

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Alp Atabek<br>**Title:** Chief Compliance Officer<br>**Phone:** 301-961-8400

**Signature, Place, and Date of Signing:**

/s/Alp Atabek  Bethesda, MD  01-25-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 88

**Form 13F Information Table Value Total:** $140512339

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABB LTD | SPONSORED ADR | 000375204 | BBG001SDDMX9 | 631314 | 20726 | SH |  | SOLE |  | 20726 | 0 | 0 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 | BBG001S5NN36 | 992859 | 15329 | SH |  | SOLE |  | 15329 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 | BBG006G2JWB1 | 693092 | 7868 | SH |  | SOLE |  | 7868 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 1035379 | 11735 | SH |  | SOLE |  | 11735 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 1502780 | 16937 | SH |  | SOLE |  | 16937 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 1066800 | 12700 | SH |  | SOLE |  | 12700 | 0 | 0 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 | BBG001T53FW2 | 356277 | 5934 | SH |  | SOLE |  | 5934 | 0 | 0 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 16114145 | 124022 | SH |  | SOLE |  | 124022 | 0 | 0 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 1116307 | 11463 | SH |  | SOLE |  | 11463 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 | BBG001SNBKD5 | 486573 | 4254 | SH |  | SOLE |  | 4254 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 | BBG001S5P0Y0 | 2800956 | 84570 | SH |  | SOLE |  | 84570 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 335774 | 1087 | SH |  | SOLE |  | 1087 | 0 | 0 |
| BOX INC | CL A | 10316T104 | BBG001T5R852 | 1324675 | 42553 | SH |  | SOLE |  | 42553 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 | BBG001S8N8J6 | 418444 | 5816 | SH |  | SOLE |  | 5816 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 1711877 | 9537 | SH |  | SOLE |  | 9537 | 0 | 0 |
| CIGNA CORP NEW | COM | 125523100 | BBG00KXRCDQ9 | 494028 | 1491 | SH |  | SOLE |  | 1491 | 0 | 0 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 386170 | 8106 | SH |  | SOLE |  | 8106 | 0 | 0 |
| CITIGROUP INC | COM NEW | 172967424 | BBG001S72ZG4 | 501328 | 11084 | SH |  | SOLE |  | 11084 | 0 | 0 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 1032913 | 16238 | SH |  | SOLE |  | 16238 | 0 | 0 |
| CONOCOPHILLIPS | COM | 20825C104 | BBG001S5TZM2 | 329755 | 2795 | SH |  | SOLE |  | 2795 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 | BBG001S5QBD8 | 327283 | 3512 | SH |  | SOLE |  | 3512 | 0 | 0 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 | BBG001S7V596 | 364856 | 2048 | SH |  | SOLE |  | 2048 | 0 | 0 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 1954366 | 22495 | SH |  | SOLE |  | 22495 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 | BBG001S5QCP3 | 404193 | 6592 | SH |  | SOLE |  | 6592 | 0 | 0 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 | BBG001S5QNR7 | 1070389 | 10393 | SH |  | SOLE |  | 10393 | 0 | 0 |
| DUPONT DE NEMOURS INC | COM | 26614N102 | BBG00BN961H3 | 453141 | 6603 | SH |  | SOLE |  | 6603 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 | BBG001S69V32 | 1251550 | 11347 | SH |  | SOLE |  | 11347 | 0 | 0 |
| FIDELITY COVINGTON TRUST | INT HG DIV ETF | 316092725 | BBG00JRH23N7 | 308163 | 16524 | SH |  | SOLE |  | 16524 | 0 | 0 |
| FIDELITY MERRIMACK STR TR | INVESTMENT GR BD | 316188606 | BBG00ZGX8904 | 1375992 | 32442 | SH |  | SOLE |  | 32442 | 0 | 0 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 | BBG001S5PVD5 | 376887 | 4498 | SH |  | SOLE |  | 4498 | 0 | 0 |
| GENERAL MTRS CO | COM | 37045V100 | BBG001SM1DK6 | 385918 | 11472 | SH |  | SOLE |  | 11472 | 0 | 0 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | BBG001SC07Z6 | 2045095 | 5956 | SH |  | SOLE |  | 5956 | 0 | 0 |
| HOME DEPOT INC | COM | 437076102 | BBG001S5RTW7 | 777016 | 2460 | SH |  | SOLE |  | 2460 | 0 | 0 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 | BBG006MJFZK4 | 925400 | 18508 | SH |  | SOLE |  | 18508 | 0 | 0 |
| ISHARES TR | CORE MSCI TOTAL | 46432F834 | BBG003H6TMV7 | 1288351 | 22259 | SH |  | SOLE |  | 22259 | 0 | 0 |
| ISHARES TR | CORE S US GWT | 464287671 | BBG001SFQL99 | 331053 | 4061 | SH |  | SOLE |  | 4061 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 | BBG001SFB7R6 | 8448288 | 21989 | SH |  | SOLE |  | 21989 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 | BBG001SM1QT8 | 229478 | 2366 | SH |  | SOLE |  | 2366 | 0 | 0 |
| ISHARES TR | IBONDS DEC 25 | 46435U432 | BBG00MJW33G3 | 458759 | 17397 | SH |  | SOLE |  | 17397 | 0 | 0 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 | BBG001SK77D5 | 281810 | 7436 | SH |  | SOLE |  | 7436 | 0 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 | BBG001SZV978 | 3028318 | 28699 | SH |  | SOLE |  | 28699 | 0 | 0 |
| ISHARES TR | RUS 1000 ETF | 464287622 | BBG001S562W9 | 1305013 | 6199 | SH |  | SOLE |  | 6199 | 0 | 0 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 | BBG001S562P7 | 632987 | 4174 | SH |  | SOLE |  | 4174 | 0 | 0 |
| JD.COM INC | SPON ADR CL A | 47215P106 | BBG005YHY0R6 | 1698269 | 30256 | SH |  | SOLE |  | 30256 | 0 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 2792911 | 15810 | SH |  | SOLE |  | 15810 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 | BBG001S8CRC3 | 4636478 | 34575 | SH |  | SOLE |  | 34575 | 0 | 0 |
| KRANESHARES TR | CSI CHI INTERNET | 500767306 | BBG004XB9HZ5 | 264220 | 8749 | SH |  | SOLE |  | 8749 | 0 | 0 |
| KRANESHARES TR | GLOBAL CARB STRA | 500767678 | BBG00WC70964 | 253375 | 6947 | SH |  | SOLE |  | 6947 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 | BBG001S5STL8 | 292672 | 800 | SH |  | SOLE |  | 800 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 | BBG001S5T110 | 390201 | 1481 | SH |  | SOLE |  | 1481 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 | BBG001S8F8P8 | 220571 | 588 | SH |  | SOLE |  | 588 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 1913898 | 17250 | SH |  | SOLE |  | 17250 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 4368156 | 18214 | SH |  | SOLE |  | 18214 | 0 | 0 |
| MONDELEZ INTL INC | CL A | 609207105 | BBG001SHHZJ3 | 770240 | 11556 | SH |  | SOLE |  | 11556 | 0 | 0 |
| MORGAN STANLEY | COM NEW | 617446448 | BBG001S9V5Z3 | 763905 | 8985 | SH |  | SOLE |  | 8985 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 | BBG001S5RB29 | 343901 | 4114 | SH |  | SOLE |  | 4114 | 0 | 0 |
| NORDSON CORP | COM | 655663102 | BBG001S5TKK7 | 286690 | 1206 | SH |  | SOLE |  | 1206 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 980317 | 6708 | SH |  | SOLE |  | 6708 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 | BBG001S5SJG6 | 393169 | 4810 | SH |  | SOLE |  | 4810 | 0 | 0 |
| PEPSICO INC | COM | 713448108 | BBG001S695T1 | 1130691 | 6259 | SH |  | SOLE |  | 6259 | 0 | 0 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 2015159 | 39328 | SH |  | SOLE |  | 39328 | 0 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 | BBG001S5V4L9 | 1562359 | 10309 | SH |  | SOLE |  | 10309 | 0 | 0 |
| QUANTUMSCAPE CORP | COM CL A | 74767V109 | BBG00VJ17DT1 | 66696 | 11763 | SH |  | SOLE |  | 11763 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 | BBG0147BN6H1 | 290787 | 5106 | SH |  | SOLE |  | 5106 | 0 | 0 |
| SI-BONE INC | COM | 825704109 | BBG001V0GNP7 | 319845 | 23518 | SH |  | SOLE |  | 23518 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 | BBG001S77WM9 | 1481683 | 12612 | SH |  | SOLE |  | 12612 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 | BBG001S72SM3 | 3066324 | 8018 | SH |  | SOLE |  | 8018 | 0 | 0 |
| SPDR SER TR | PRTFLO S GW | 78464A409 | BBG001SD7RB9 | 308327 | 6085 | SH |  | SOLE |  | 6085 | 0 | 0 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 1404225 | 14155 | SH |  | SOLE |  | 14155 | 0 | 0 |
| TRAVELERS COMPANIES INC | COM | 89417E109 | BBG001S5R103 | 234363 | 1250 | SH |  | SOLE |  | 1250 | 0 | 0 |
| TRIP COM GROUP LTD | ADS | 89677Q107 | BBG001S6VL20 | 327832 | 9530 | SH |  | SOLE |  | 9530 | 0 | 0 |
| UNDER ARMOUR INC | CL A | 904311107 | BBG001SJLLQ7 | 245019 | 24116 | SH |  | SOLE |  | 24116 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 | BBG001S5X2M0 | 396539 | 1915 | SH |  | SOLE |  | 1915 | 0 | 0 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | BBG001SDGSH1 | 1457205 | 8382 | SH |  | SOLE |  | 8382 | 0 | 0 |
| UNITY SOFTWARE INC | COM | 91332U101 | BBG0056JW5H5 | 533947 | 18676 | SH |  | SOLE |  | 18676 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 | BBG001SK7DK4 | 326944 | 4551 | SH |  | SOLE |  | 4551 | 0 | 0 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 | BBG001SRN7W1 | 702842 | 5197 | SH |  | SOLE |  | 5197 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 | BBG001TC6MC1 | 1474762 | 4198 | SH |  | SOLE |  | 4198 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 | BBG001SHVR78 | 21690210 | 154522 | SH |  | SOLE |  | 154522 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 | BBG001SHTTZ6 | 1347794 | 34577 | SH |  | SOLE |  | 34577 | 0 | 0 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 | BBG009THVRX1 | 1808167 | 36536 | SH |  | SOLE |  | 36536 | 0 | 0 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 | BBG001SQX4T3 | 725756 | 4779 | SH |  | SOLE |  | 4779 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 | BBG001SS0V24 | 1756357 | 16231 | SH |  | SOLE |  | 16231 | 0 | 0 |
| VANGUARD WHITEHALL FDS | INTL HIGH ETF | 921946794 | BBG00C868SD7 | 10825866 | 181734 | SH |  | SOLE |  | 181734 | 0 | 0 |
| VANGUARD WORLD FD | MEGA CAP VAL ETF | 921910840 | BBG001T0Y6L1 | 278106 | 2704 | SH |  | SOLE |  | 2704 | 0 | 0 |
| VANGUARD WORLD FD | MEGA GRWTH IND | 921910816 | BBG001T0Y6W9 | 1099374 | 6389 | SH |  | SOLE |  | 6389 | 0 | 0 |
| WALMART INC | COM | 931142103 | BBG001S5XH92 | 1452355 | 10243 | SH |  | SOLE |  | 10243 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 | BBG001S5XH47 | 458080 | 2920 | SH |  | SOLE |  | 2920 | 0 | 0 |

---