# EDGAR Filing Document

**Accession Number:** 0001844895
**File Stem:** 0001951757-23-000101
**Filing Date:** 2023-1
**Character Count:** 16020
**Document Hash:** 2e149a6d9a74c72da26f66ad45e8c9a9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001951757-23-000101.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0001951757-23-000101

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230131

**EFFECTIVENESS DATE**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bickling Financial Services, Inc.
- **CENTRAL INDEX KEY:** 0001844895
- **IRS NUMBER:** 010863630
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21076
- **FILM NUMBER:** 23573188

**BUSINESS ADDRESS:**
- **STREET 1:** 35 BEDFORD STREET, SUITE 15
- **CITY:** LEXINGTON
- **STATE:** MA
- **ZIP:** 02420
- **BUSINESS PHONE:** 781-862-9792

**MAIL ADDRESS:**
- **STREET 1:** 35 BEDFORD STREET, SUITE 15
- **CITY:** LEXINGTON
- **STATE:** MA
- **ZIP:** 02420

### 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:** Bickling Financial Services Inc.<br>**Address:** 35 BEDFORD STREET SUITE 15<br>LEXINGTON, MA 02420

**Form 13F File Number:** 028-21076

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:** SPENCER BETTS<br>**Title:** CCO<br>**Phone:** 781-862-9792

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

SPENCER BETTS  LEXINGTON, MA  01-31-2023<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:** 119

**Form 13F Information Table Value Total:** $160200747

      (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 |
| AMAZON.COM INC | Stock | 023135106 |  | 1503629 | 17900 | SH |  | SOLE |  | 0 | 0 | 17900 |
| APPLE INC | Stock | 037833100 |  | 3897107 | 29994 | SH |  | SOLE |  | 0 | 0 | 29993 |
| AUTOMATIC DATA PROCESSING INC | Stock | 053015103 |  | 241381 | 1011 | SH |  | SOLE |  | 0 | 0 | 1010 |
| BANK OF AMERICA CORP | Stock | 060505104 |  | 849470 | 25648 | SH |  | SOLE |  | 0 | 0 | 25648 |
| BERKSHIRE HATHAWAY INC CLASS B | Stock | 084670702 |  | 5875278 | 19020 | SH |  | SOLE |  | 0 | 0 | 19020 |
| BOEING CO | Stock | 097023105 |  | 541563 | 2843 | SH |  | SOLE |  | 0 | 0 | 2843 |
| CVS HEALTH CORP | Stock | 126650100 |  | 823418 | 8836 | SH |  | SOLE |  | 0 | 0 | 8835 |
| CHEVRON CORP | Stock | 166764100 |  | 567142 | 3160 | SH |  | SOLE |  | 0 | 0 | 3159 |
| CHURCH  DWIGHT CO INC | Stock | 171340102 |  | 241063 | 2990 | SH |  | SOLE |  | 0 | 0 | 2990 |
| CONSOLIDATED EDISON INC | Stock | 209115104 |  | 830010 | 8709 | SH |  | SOLE |  | 0 | 0 | 8708 |
| THE WALT DISNEY CO | Stock | 254687106 |  | 381751 | 4394 | SH |  | SOLE |  | 0 | 0 | 4394 |
| DOUBLELINE INCOME SOLUTIONS FD COM | CEF | 258622109 |  | 489518 | 44140 | SH |  | SOLE |  | 0 | 0 | 44140 |
| FMQQ THE NEXT FRONTIER INTERNET  ECOMMERCE ETF | ETF | 301505590 |  | 206678 | 21198 | SH |  | SOLE |  | 0 | 0 | 21197 |
| EMQQ THE EMERGING MARKETS INTERNET  ECOMMERCE ETF | ETF | 301505889 |  | 1885782 | 63430 | SH |  | SOLE |  | 0 | 0 | 63430 |
| FS KKR CAP CORP COM | CEF | 302635206 |  | 316762 | 18101 | SH |  | SOLE |  | 0 | 0 | 18100 |
| FEDERATED HERMES INC CLASS B | Stock | 314211103 |  | 273163 | 7523 | SH |  | SOLE |  | 0 | 0 | 7523 |
| FIRST TRUST MORNINGSTAR DIVIDEND LEADERS INDEX FUND | ETF | 336917109 |  | 2361824 | 64601 | SH |  | SOLE |  | 0 | 0 | 64601 |
| FIRST TRUST US EQUITY OPPORTUNITIES ETF | ETF | 336920103 |  | 2972193 | 37776 | SH |  | SOLE |  | 0 | 0 | 37775 |
| HEICO CORP | Stock | 422806109 |  | 292661 | 1905 | SH |  | SOLE |  | 0 | 0 | 1904 |
| THE HOME DEPOT INC | Stock | 437076102 |  | 355733 | 1126 | SH |  | SOLE |  | 0 | 0 | 1126 |
| ISHARES CORE S 500 ETF | ETF | 464287200 |  | 325992 | 848 | SH |  | SOLE |  | 0 | 0 | 848 |
| ISHARES RUSSELL 2000 GROWTH ETF | ETF | 464287648 |  | 908850 | 4237 | SH |  | SOLE |  | 0 | 0 | 4236 |
| ISHARES CORE S SMALL CAP ETF | ETF | 464287804 |  | 973702 | 10288 | SH |  | SOLE |  | 0 | 0 | 10288 |
| JOHNSON  JOHNSON | Stock | 478160104 |  | 851481 | 4820 | SH |  | SOLE |  | 0 | 0 | 4820 |
| LIBERTY ALL STAR EQUITY FD SH BEN INT | CEF | 530158104 |  | 1501965 | 263503 | SH |  | SOLE |  | 0 | 0 | 263502 |
| ELI LILLY AND CO | Stock | 532457108 |  | 244144 | 667 | SH |  | SOLE |  | 0 | 0 | 667 |
| LUMINAR TECHNOLOGIES INC ORDINARY SHARES - CLASS A | Stock | 550424105 |  | 371250 | 75000 | SH |  | SOLE |  | 0 | 0 | 75000 |
| MICROSOFT CORP | Stock | 594918104 |  | 1768396 | 7374 | SH |  | SOLE |  | 0 | 0 | 7373 |
| PEPSICO INC | Stock | 713448108 |  | 629402 | 3484 | SH |  | SOLE |  | 0 | 0 | 3483 |
| PFIZER INC | Stock | 717081103 |  | 308128 | 6013 | SH |  | SOLE |  | 0 | 0 | 6013 |
| PROCTER  GAMBLE CO | Stock | 742718109 |  | 977833 | 6452 | SH |  | SOLE |  | 0 | 0 | 6451 |
| STARBUCKS CORP | Stock | 855244109 |  | 215598 | 2173 | SH |  | SOLE |  | 0 | 0 | 2173 |
| THERMO FISHER SCIENTIFIC INC | Stock | 883556102 |  | 442542 | 804 | SH |  | SOLE |  | 0 | 0 | 803 |
| UNION PACIFIC CORP | Stock | 907818108 |  | 3207741 | 15491 | SH |  | SOLE |  | 0 | 0 | 15491 |
| UNITED PARCEL SERVICE INC CLASS B | Stock | 911312106 |  | 204266 | 1175 | SH |  | SOLE |  | 0 | 0 | 1175 |
| VANGUARD SMALL CAP VALUE ETF | ETF | 922908611 |  | 1255424 | 7906 | SH |  | SOLE |  | 0 | 0 | 7905 |
| RAYTHEON TECHNOLOGIES CORP | Stock | 75513E101 |  | 466480 | 4622 | SH |  | SOLE |  | 0 | 0 | 4622 |
| INVESCO QQQ TRUST | ETF | 46090E103 |  | 1710366 | 6423 | SH |  | SOLE |  | 0 | 0 | 6423 |
| FIRST TRUST CAPITAL STRENGTH ETF | ETF | 33733E104 |  | 3387082 | 45191 | SH |  | SOLE |  | 0 | 0 | 45191 |
| NUVEEN MASSACHUSETS QLT MUN FD COM | CEF | 67061E104 |  | 149713 | 14164 | SH |  | SOLE |  | 0 | 0 | 14164 |
| THE TRAVELERS COMPANIES INC | Stock | 89417E109 |  | 279960 | 1493 | SH |  | SOLE |  | 0 | 0 | 1493 |
| ALPS SECTOR DIVIDEND DOGS ETF | ETF | 00162Q858 |  | 726148 | 14116 | SH |  | SOLE |  | 0 | 0 | 14116 |
| AT INC | Stock | 00206R102 |  | 334492 | 18169 | SH |  | SOLE |  | 0 | 0 | 18169 |
| ARK INNOVATION ETF | ETF | 00214Q104 |  | 3382282 | 108268 | SH |  | SOLE |  | 0 | 0 | 108267 |
| ARK AUTONOMOUS TECHNOLOGY  ROBOTICS ETF | ETF | 00214Q203 |  | 219998 | 5364 | SH |  | SOLE |  | 0 | 0 | 5364 |
| ARK GENOMIC REVOLUTION ETF | ETF | 00214Q302 |  | 934038 | 33087 | SH |  | SOLE |  | 0 | 0 | 33086 |
| ARK FINTECH INNOVATION ETF | ETF | 00214Q708 |  | 234080 | 16404 | SH |  | SOLE |  | 0 | 0 | 16403 |
| ABBVIE INC | Stock | 00287Y109 |  | 253907 | 1571 | SH |  | SOLE |  | 0 | 0 | 1571 |
| ALPHABET INC CLASS C | Stock | 02079K107 |  | 830338 | 9358 | SH |  | SOLE |  | 0 | 0 | 9358 |
| ALPHABET INC CLASS A | Stock | 02079K305 |  | 479265 | 5432 | SH |  | SOLE |  | 0 | 0 | 5432 |
| ALTRIA GROUP INC | Stock | 02209S103 |  | 759716 | 16620 | SH |  | SOLE |  | 0 | 0 | 16620 |
| AMERICAN TOWER CORP | REIT | 03027X100 |  | 475123 | 2243 | SH |  | SOLE |  | 0 | 0 | 2242 |
| AMERIPRISE FINANCIAL INC | Stock | 03076C106 |  | 201938 | 649 | SH |  | SOLE |  | 0 | 0 | 648 |
| BLACKROCK CORPOR HI YLD FD INC COM | CEF | 09255P107 |  | 800715 | 91615 | SH |  | SOLE |  | 0 | 0 | 91614 |
| BLACKROCK SCIENCE  TECHNOLOGY TRUST | CEF | 09258G104 |  | 1429978 | 50405 | SH |  | SOLE |  | 0 | 0 | 50404 |
| BLACKROCK SCIENCE  TECHNOLOGY TRUST II | CEF | 09260K101 |  | 2172238 | 138890 | SH |  | SOLE |  | 0 | 0 | 138889 |
| BROOKLINE BANCORP INC | Stock | 11373M107 |  | 299501 | 21166 | SH |  | SOLE |  | 0 | 0 | 21166 |
| CENTENE CORP | Stock | 15135B101 |  | 892597 | 10884 | SH |  | SOLE |  | 0 | 0 | 10884 |
| COMCAST CORP CLASS A | Stock | 20030N101 |  | 283037 | 8094 | SH |  | SOLE |  | 0 | 0 | 8093 |
| DAVIS SELECT FINANCIAL ETF | ETF | 23908L108 |  | 506741 | 18722 | SH |  | SOLE |  | 0 | 0 | 18721 |
| DUKE ENERGY CORP | Stock | 26441C204 |  | 260918 | 2533 | SH |  | SOLE |  | 0 | 0 | 2533 |
| EASTERN BANKSHARES INC ORDINARY SHARES | Stock | 27627N105 |  | 345000 | 20000 | SH |  | SOLE |  | 0 | 0 | 20000 |
| EVERSOURCE ENERGY COM | Stock | 30040W108 |  | 457766 | 5460 | SH |  | SOLE |  | 0 | 0 | 5460 |
| EXXON MOBIL CORP | Stock | 30231G102 |  | 1933520 | 17530 | SH |  | SOLE |  | 0 | 0 | 17529 |
| META PLATFORMS INC CLASS A | Stock | 30303M102 |  | 326780 | 2715 | SH |  | SOLE |  | 0 | 0 | 2715 |
| FIRST TRUST WATER ETF | ETF | 33733B100 |  | 245898 | 3099 | SH |  | SOLE |  | 0 | 0 | 3098 |
| FIRST TRUST NASDAQ CLEAN EDGE GREEN ENERGY INDEX FUND | ETF | 33733E500 |  | 243081 | 5151 | SH |  | SOLE |  | 0 | 0 | 5151 |
| FIRST TRUST VALUE LINE DIVIDEND INDEX FUND | ETF | 33734H106 |  | 7262144 | 181963 | SH |  | SOLE |  | 0 | 0 | 181963 |
| FIRST TRUST INTERNATIONAL EQUITY OPPORTUNITIES ETF | ETF | 33734X853 |  | 3425933 | 88161 | SH |  | SOLE |  | 0 | 0 | 88160 |
| FIRST TRUST LARGE CAP GROWTH ALPHADEX FUND | ETF | 33735K108 |  | 216143 | 2364 | SH |  | SOLE |  | 0 | 0 | 2364 |
| FIRST TRUST NORTH AMERICAN ENERGY INFRASTRUCTURE FUND | ETF | 33738D101 |  | 244105 | 9146 | SH |  | SOLE |  | 0 | 0 | 9145 |
| FIRST TRUST SENIOR LOAN FUND | ETF | 33738D309 |  | 258053 | 5787 | SH |  | SOLE |  | 0 | 0 | 5787 |
| FIRST TRUST RISING DIVIDEND ACHIEVERS ETF | ETF | 33738R506 |  | 3797396 | 86462 | SH |  | SOLE |  | 0 | 0 | 86461 |
| FIRST TRUST DORSEY WRIGHT FOCUS 5 ETF | ETF | 33738R605 |  | 4960010 | 106552 | SH |  | SOLE |  | 0 | 0 | 106552 |
| FIRST TRUST RBA AMERICAN INDUSTRIAL RENAISSANCE ETF | ETF | 33738R704 |  | 298888 | 6774 | SH |  | SOLE |  | 0 | 0 | 6774 |
| FIRST TRUST GLOBAL TACTICAL COMMODITY STRATEGY FUND | ETF | 33739H101 |  | 1272330 | 51953 | SH |  | SOLE |  | 0 | 0 | 51953 |
| FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES  INCOME ETF | ETF | 33739P855 |  | 182947 | 10272 | SH |  | SOLE |  | 0 | 0 | 10272 |
| FLEXSHARES STOXX GLOBAL BROAD INFRASTRUCTURE INDEX FUND | ETF | 33939L795 |  | 296222 | 5876 | SH |  | SOLE |  | 0 | 0 | 5876 |
| GINKGO BIOWORKS HOLDINGS INC | Stock | 37611X100 |  | 20419 | 12082 | SH |  | SOLE |  | 0 | 0 | 12082 |
| HEALTHCARE RLTY TR CL A COM | REIT | 42226K105 |  | 724487 | 37597 | SH |  | SOLE |  | 0 | 0 | 37596 |
| INVESCO BUYBACK ACHIEVERS ETF | ETF | 46137V308 |  | 648163 | 7576 | SH |  | SOLE |  | 0 | 0 | 7575 |
| INVESCO S 500 EQUAL WEIGHT ETF | ETF | 46137V357 |  | 34540597 | 244535 | SH |  | SOLE |  | 0 | 0 | 244535 |
| INVESCO NASDAQ 100 ETF | ETF | 46138G649 |  | 355922 | 3250 | SH |  | SOLE |  | 0 | 0 | 3249 |
| ISHARES FLOATING RATE BOND ETF | ETF | 46429B655 |  | 304230 | 6045 | SH |  | SOLE |  | 0 | 0 | 6044 |
| ISHARES MSCI USA MIN VOL FACTOR ETF | ETF | 46429B697 |  | 3752616 | 52047 | SH |  | SOLE |  | 0 | 0 | 52047 |
| ISHARES MSCI USA QUALITY FACTOR ETF | ETF | 46432F339 |  | 2376832 | 20857 | SH |  | SOLE |  | 0 | 0 | 20856 |
| ISHARES MSCI USA MOMENTUM FACTOR ETF | ETF | 46432F396 |  | 539220 | 3695 | SH |  | SOLE |  | 0 | 0 | 3695 |
| JPMORGAN CHASE  CO | Stock | 46625H100 |  | 318990 | 2379 | SH |  | SOLE |  | 0 | 0 | 2378 |
| LPL FINANCIAL HOLDINGS INC | Stock | 50212V100 |  | 703301 | 3253 | SH |  | SOLE |  | 0 | 0 | 3253 |
| M  T BK CORP COM | Stock | 55261F104 |  | 546217 | 3765 | SH |  | SOLE |  | 0 | 0 | 3765 |
| MAIN STR CAP CORP COM | CEF | 56035L104 |  | 288072 | 7796 | SH |  | SOLE |  | 0 | 0 | 7796 |
| MASTERCARD INC CLASS A | Stock | 57636Q104 |  | 218406 | 628 | SH |  | SOLE |  | 0 | 0 | 628 |
| MERCK  CO INC | Stock | 58933Y105 |  | 263304 | 2373 | SH |  | SOLE |  | 0 | 0 | 2373 |
| NETFLIX INC | Stock | 64110L106 |  | 489796 | 1661 | SH |  | SOLE |  | 0 | 0 | 1661 |
| NEXTERA ENERGY INC | Stock | 65339F101 |  | 1675565 | 20043 | SH |  | SOLE |  | 0 | 0 | 20042 |
| NVIDIA CORP | Stock | 67066G104 |  | 1462309 | 10006 | SH |  | SOLE |  | 0 | 0 | 10006 |
| NUVEEN TAXABLE MUNICPAL INM FD COM | CEF | 67074C103 |  | 187177 | 11728 | SH |  | SOLE |  | 0 | 0 | 11727 |
| ORACLE CORP | Stock | 68389X105 |  | 344315 | 4212 | SH |  | SOLE |  | 0 | 0 | 4212 |
| PACER LUNT LARGE CAP ALTERNATOR ETF | ETF | 69374H717 |  | 2013221 | 49758 | SH |  | SOLE |  | 0 | 0 | 49757 |
| PACER US SMALL CAP CASH COWS 100 ETF | ETF | 69374H857 |  | 952593 | 26498 | SH |  | SOLE |  | 0 | 0 | 26497 |
| PACER US CASH COWS 100 ETF | ETF | 69374H881 |  | 6236696 | 134847 | SH |  | SOLE |  | 0 | 0 | 134847 |
| PROSHARES S 500 DIVIDEND ARISTOCRATS ETF | ETF | 74348A467 |  | 774903 | 8611 | SH |  | SOLE |  | 0 | 0 | 8610 |
| SPDR S 500 ETF TRUST | ETF | 78462F103 |  | 2770010 | 7243 | SH |  | SOLE |  | 0 | 0 | 7243 |
| SPDR GOLD SHARES | ETF | 78463V107 |  | 359128 | 2117 | SH |  | SOLE |  | 0 | 0 | 2117 |
| SPDR PORTFOLIO S 1500 COMPOSITE STOCK MARKET ETF | ETF | 78464A805 |  | 1387631 | 29343 | SH |  | SOLE |  | 0 | 0 | 29343 |
| SPDR PORTFOLIO S 500 ETF | ETF | 78464A854 |  | 381924 | 8491 | SH |  | SOLE |  | 0 | 0 | 8490 |
| SPDR S MIDCAP 400 ETF TRUST | ETF | 78467Y107 |  | 495930 | 1120 | SH |  | SOLE |  | 0 | 0 | 1120 |
| SPDR SSGA US SMALL CAP LOW VOLATILITY INDEX ETF | ETF | 78468R887 |  | 490554 | 4557 | SH |  | SOLE |  | 0 | 0 | 4556 |
| TESLA INC | Stock | 88160R101 |  | 399719 | 3245 | SH |  | SOLE |  | 0 | 0 | 3245 |
| UNITEDHEALTH GROUP INC | Stock | 91324P102 |  | 388642 | 733 | SH |  | SOLE |  | 0 | 0 | 733 |
| VANECK IG FLOATING RATE ETF | ETF | 92189F486 |  | 253145 | 10175 | SH |  | SOLE |  | 0 | 0 | 10174 |
| VERIZON COMMUNICATIONS INC | Stock | 92343V104 |  | 394158 | 10004 | SH |  | SOLE |  | 0 | 0 | 10004 |
| VISA INC CLASS A | Stock | 92826C839 |  | 519496 | 2500 | SH |  | SOLE |  | 0 | 0 | 2500 |
| WASTE MANAGEMENT INC | Stock | 94106L109 |  | 269634 | 1719 | SH |  | SOLE |  | 0 | 0 | 1718 |
| WISDOMTREE U.S. LARGECAP DIVIDEND FUND | ETF | 97717W307 |  | 414972 | 6698 | SH |  | SOLE |  | 0 | 0 | 6698 |
| WISDOMTREE U.S. MIDCAP DIVIDEND FUND | ETF | 97717W505 |  | 4097085 | 99589 | SH |  | SOLE |  | 0 | 0 | 99588 |
| WISDOMTREE U.S. SMALLCAP DIVIDEND FUND | ETF | 97717W604 |  | 519764 | 18276 | SH |  | SOLE |  | 0 | 0 | 18275 |
| WISDOMTREE US QUALITY DIVIDEND GROWTH FUND | ETF | 97717X669 |  | 732106 | 12129 | SH |  | SOLE |  | 0 | 0 | 12128 |
| CHUBB LTD | Stock | H1467J104 |  | 259791 | 1178 | SH |  | SOLE |  | 0 | 0 | 1177 |

---