Curtis Advisory Group, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 1, 2025), Curtis Advisory Group, LLC reported 100 stock positions worth $340.5 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 14.4% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 8.6%) and Nvidia (NVDA, 7.6%). Compared with Q4 2024, it opened 7 new positions, sold out of 3, added to 26 and reduced 48. The biggest buy was iShares MSCI USA Min Vol Fac (USMV, shares +60%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −25%).

Most Recent 13F
Q2 2026
Location
SANTA BARBARA, CA
CIK
0001664656
Portfolio Value
$340.5M (Q1 2025)
SEC Filing
0001664656-25-000004 ↗ filed May 1, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $258.3M Q1 2024 Q2 2024: $283.5M Q2 2024 Q3 2024: $352.2M Q3 2024 Q4 2024: $378.1M Q4 2024 Q1 2025: $340.5M $340.5M Q1 2025 Q2 2025: $398.0M Q2 2025 Q3 2025: $441.1M Q3 2025 Q4 2025: $476.7M Q4 2025 Q1 2026: $464.0M Q1 2026 Q2 2026: $514.9M Q2 2026

Holdings 100 stocks · $340.5M
SPY SS SPDR S&P 500 ETF Trust-US 14.39% 87,578 $49.0M Reduce -25.1%
SCHG Schwab US Large-Cap Growth 8.64% 1,175,033 $29.4M Reduce -5.6%
NVDA Nvidia Corp. 7.60% 238,834 $25.9M Reduce -0.0%
IWF iShares Russell 1000 Growth 4.91% 46,278 $16.7M Reduce -0.8%
VGT Vanguard Info Tech ETF 3.73% 23,415 $12.7M No change
JEPI JPMorgan Equity Premium Inco 3.71% 221,258 $12.6M Reduce -0.1%
CLIP Global X 1-3 Month T-Bill 3.59% 121,608 $12.2M Reduce -1.0%
QQQ Invesco QQQ Trust Series 1 2.82% 20,444 $9.6M Reduce -0.5%
PKW Invesco Buyback Achievers Et 2.57% 77,756 $8.8M Reduce -2.7%
SCHD Schwab US DVD Equity ETF 2.49% 303,551 $8.5M Reduce -12.3%
HELO JPMorgan Hedged Equity ETF 2.36% 134,605 $8.0M Add +10.4%
AMZN Amazon.com Inc. 2.20% 39,322 $7.5M Reduce -0.2%
VCSH Vanguard S/T Corp. Bond ETF 2.09% 90,304 $7.1M Reduce -0.6%
SHYG iShares 0-5 YR HY Corp. Bond 1.89% 151,196 $6.4M Add +0.3%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.82% 14,750 $6.2M Reduce -0.7%
BRK.B Berkshire Hathaway Inc. Class B 1.71% 10,911 $5.8M Reduce -0.5%
SCHZ Schwab US Aggregate Bond ETF 1.64% 240,532 $5.6M Reduce -0.7%
SCHV Schwab US Large-Cap Value 1.59% 203,714 $5.4M Reduce -10.3%
SRLN SS Blackstone Sr Loan ETF 1.58% 130,641 $5.4M Reduce -4.6%
AIQ Global X Art Intel & Tech 1.53% 143,416 $5.2M Reduce -1.3%
VONG Vanguard Russell 1000 Growth 1.48% 54,252 $5.0M Reduce -10.4%
USMV iShares MSCI USA Min Vol Fac 1.44% 52,371 $4.9M Add +60.3%
VONV Vanguard Russell 1000 Value 1.42% 58,551 $4.8M Reduce -5.0%
PTLC Pacer Trendpilot US Large Ca 1.14% 75,745 $3.9M Add +42.5%
SCHF Schwab Intl Equity ETF 1.07% 183,867 $3.6M Reduce -1.3%
JAAA Janus Henderson Aaa Clo ETF 0.96% 64,598 $3.3M No change
VXF Vanguard Extended Market ETF 0.90% 17,779 $3.1M Reduce -2.7%
AAPL Apple Inc. 0.82% 12,530 $2.8M Reduce -1.4%
PFLD Aam Low Dur Pref & Inc. Sec 0.80% 134,624 $2.7M No change
VTWO Vanguard Russell 2000 ETF 0.68% 28,520 $2.3M Reduce -8.4%
COST Costco Wholesale Corp. 0.65% 2,349 $2.2M Add +26.4%
VTI VG Morningstar TS MKT ETF-US 0.65% 8,073 $2.2M Reduce -20.2%
SCHE Schwab Emrg Mrkts Eqty ETF 0.61% 75,570 $2.1M Add +395.4%
SPHQ Invesco S&P 500 Quality ETF 0.59% 30,355 $2.0M Add +20.1%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.55% 7,370 $1.9M Reduce -2.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.51% 9,402 $1.8M Reduce -1.8%
IWD iShares Russell 1000 Value E 0.50% 9,127 $1.7M New
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.49% 47,036 $1.7M New
QUAL iShares MSCI USA Quality Fac 0.49% 9,802 $1.7M Add +10.3%
MSFT Microsoft Corp. 0.48% 4,319 $1.6M Reduce -0.1%
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd 0.47% 18,166 $1.6M Add +20.6%
GOOG Alphabet Inc. Class C 0.45% 9,822 $1.5M Reduce -1.6%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.43% 40,575 $1.5M New
XLG Invesco S&P 500 Top 50 ETF 0.43% 31,805 $1.5M New
DBEF Xtrackers MSCI Eafe Hedged E 0.36% 28,053 $1.2M Reduce -0.3%
FBND Fidelity Total Bond ETF 0.36% 26,541 $1.2M Add +15.1%
VUG Vanguard Mrngstar GR ETF-Sui 0.34% 3,137 $1.2M Reduce -2.3%
CMF iShares California Muni Bond 0.33% 20,102 $1.1M Reduce -29.9%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.31% 9,802 $1.1M Add +2.1%
NULV Nuveen ESG Large-Cap Val ETF 0.30% 25,501 $1.0M No change
VYM Vanguard High DVD Yield ETF 0.29% 7,629 $984K Reduce -0.5%
XYLD Global X S&P 500 Cove Call E 0.28% 24,014 $948K Add +63.8%
NULG Nuveen ESG LRG-Cap GRW ETF 0.28% 12,097 $947K Reduce -4.9%
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.28% 10,085 $945K Add +6.3%
EMB iShares JP Morgan Usd Emergi 0.27% 10,231 $927K Add +3.1%
FTSL First Trust Senior Loan ETF 0.27% 20,183 $921K Add +62.4%
V Visa Inc. Class A 0.25% 2,450 $859K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.25% 4,929 $851K Add +6.4%
AVDV Avantis Intl S/C Value ETF 0.24% 11,762 $820K Add +0.0%
IGSB iShares 1-5Y Inv Grade Corp. 0.20% 13,086 $685K Add +10.1%
HD Home Depot Inc. 0.20% 1,850 $678K Reduce -9.8%
BNDX Vanguard Total Intl Bond ETF 0.19% 13,464 $657K Reduce -32.3%
IAGG iShares Intl Aggregate Bond 0.19% 12,798 $640K Add +120.6%
QCOM Qualcomm Inc. 0.18% 4,100 $630K Reduce -14.6%
SPEM State Street SP PTF Em ETF 0.18% 15,533 $612K Reduce -4.5%
VEA Vanguard Ftse Developed ETF 0.17% 11,501 $585K Reduce -0.6%
ESGD iShares Trust iShares ESG Aw 0.15% 6,092 $498K No change
IWN iShares Russell 2000 Value E 0.14% 3,197 $483K Add +6.6%
IVW iShares S&P 500 Growth ETF 0.14% 5,179 $481K Reduce -76.0%
VOO Vanguard S&P 500 ETF 0.13% 892 $458K Reduce -24.0%
FNDX Schwab Fndmntl US LRG Co. ETF 0.13% 19,120 $451K Reduce -26.9%
HYMB SS SPDR N Ice HY Muni ETF 0.13% 17,889 $451K No change
USXF iShares ESG Advance MSCI USA 0.13% 9,653 $451K Add +39.9%
JPM JPMorgan Chase & Co. 0.13% 1,800 $442K No change
LMT Lockheed Martin Corp. 0.12% 940 $420K Reduce -1.1%
MUB iShares National Muni Bond E 0.12% 3,967 $418K New
SCHA Schwab US Small-Cap ETF 0.12% 17,648 $413K Reduce -1.0%
SCHM Schwab US Mid Cap ETF 0.12% 15,374 $403K Add +0.1%
ESML iShares ESG Aware MSCI USA S 0.12% 10,226 $393K No change
BUFB Innovator Ladd Allo Buff ETF 0.11% 12,215 $384K New
IVE iShares S&P 500 Value ETF 0.11% 1,964 $374K No change
VIG Vanguard Dividend Apprec ETF 0.11% 1,875 $364K Reduce -5.1%
TOTL SS Doubleline TR Tact ETF 0.11% 8,890 $358K Add +2.7%
TSLA Tesla Inc. 0.09% 1,245 $323K Add +5.1%
DBEM Xtrackers MSCI Emerging Mark 0.09% 12,357 $316K Reduce -5.1%
IWO iShares Russell 2000 Growth 0.09% 1,198 $306K Add +8.8%
SCHX Schwab US Large-Cap ETF 0.09% 13,812 $305K Add +0.1%
SGOL Abrdn Physical Gold Shares 0.08% 9,460 $282K No change
DGRO iShares Core Dividend Growth 0.08% 4,500 $278K No change
IJR iShares Core S&P Small-Cap E 0.08% 2,641 $276K Reduce -1.2%
NUSC Nuveen ESG Small-Cap ETF 0.07% 6,427 $246K No change
EAGG iShares ESG Aware US Aggrega 0.07% 5,087 $242K No change
VPU Vanguard Utilities ETF 0.07% 1,402 $239K No change
HYXF iShares ESG Adv High Yield 0.07% 5,160 $239K No change
XLV SS Health Care Select Sector 0.07% 1,614 $236K No change
EXR Extra Space Storage Inc. 0.06% 1,455 $216K Reduce -6.3%
HEFA Isha Curr Hedged MSCI Eafe 0.06% 5,933 $215K No change
ESGU iShares ESG Aware MSCI USA 0.06% 1,761 $215K No change
NUDM Nuveen ESG Intl Devel MRK Eq 0.06% 6,469 $206K New
QYLD Global X Nasd 100 Cov Call 0.05% 11,246 $187K Reduce -5.2%

Portfolio Sells Q4 2024 → Q1 2025
SPY SS SPDR S&P 500 ETF Trust-US Reduce -25.1% 14.39% −3.73
SPYM Ste STR SPDR PT S&P 500 ETF Sold out 0.00% −1.23
NVDA Nvidia Corp. Reduce -0.0% 7.60% −0.88
SCHG Schwab US Large-Cap Growth Reduce -5.6% 8.64% −0.53
IVW iShares S&P 500 Growth ETF Reduce -76.0% 0.14% −0.44
IWM iShares Russell 2000 ETF Sold out 0.00% −0.35
VONG Vanguard Russell 1000 Growth Reduce -10.4% 1.48% −0.17
VTI VG Morningstar TS MKT ETF-US Reduce -20.2% 0.65% −0.12
CMF iShares California Muni Bond Reduce -29.9% 0.33% −0.10
AMZN Amazon.com Inc. Reduce -0.2% 2.20% −0.09
XLK SS Technology Select Sector Sold out 0.00% −0.07
BNDX Vanguard Total Intl Bond ETF Reduce -32.3% 0.19% −0.07
VTWO Vanguard Russell 2000 ETF Reduce -8.4% 0.68% −0.06
GOOG Alphabet Inc. Class C Reduce -1.6% 0.45% −0.05
IWF iShares Russell 1000 Growth Reduce -0.8% 4.91% −0.05
VOO Vanguard S&P 500 ETF Reduce -24.0% 0.13% −0.03
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -26.9% 0.13% −0.03
AAPL Apple Inc. Reduce -1.4% 0.82% −0.02
VXF Vanguard Extended Market ETF Reduce -2.7% 0.90% −0.02
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -2.1% 0.55% −0.01
HD Home Depot Inc. Reduce -9.8% 0.20% −0.01
NULG Nuveen ESG LRG-Cap GRW ETF Reduce -4.9% 0.28% −0.01
QCOM Qualcomm Inc. Reduce -14.6% 0.18% −0.01
SCHD Schwab US DVD Equity ETF Reduce -12.3% 2.49% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -2.3% 0.34% −0.01
MSFT Microsoft Corp. Reduce -0.1% 0.48% −0.01
QYLD Global X Nasd 100 Cov Call Reduce -5.2% 0.05% −0.00
SCHA Schwab US Small-Cap ETF Reduce -1.0% 0.12% −0.00
IJR iShares Core S&P Small-Cap E Reduce -1.2% 0.08% −0.00
LMT Lockheed Martin Corp. Reduce -1.1% 0.12% +0.00
EXR Extra Space Storage Inc. Reduce -6.3% 0.06% +0.00
VIG Vanguard Dividend Apprec ETF Reduce -5.1% 0.11% +0.00
DBEM Xtrackers MSCI Emerging Mark Reduce -5.1% 0.09% +0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -1.8% 0.51% +0.01
SPEM State Street SP PTF Em ETF Reduce -4.5% 0.18% +0.01
SCHV Schwab US Large-Cap Value Reduce -10.3% 1.59% +0.02
VEA Vanguard Ftse Developed ETF Reduce -0.6% 0.17% +0.03
VYM Vanguard High DVD Yield ETF Reduce -0.5% 0.29% +0.03
QQQ Invesco QQQ Trust Series 1 Reduce -0.5% 2.82% +0.04
AIQ Global X Art Intel & Tech Reduce -1.3% 1.53% +0.05
DBEF Xtrackers MSCI Eafe Hedged E Reduce -0.3% 0.36% +0.05
SRLN SS Blackstone Sr Loan ETF Reduce -4.6% 1.58% +0.07
VONV Vanguard Russell 1000 Value Reduce -5.0% 1.42% +0.10
PKW Invesco Buyback Achievers Et Reduce -2.7% 2.57% +0.14
DIA SS SPDR Dow Jones Indus Avg Reduce -0.7% 1.82% +0.15
SCHF Schwab Intl Equity ETF Reduce -1.3% 1.07% +0.16
SCHZ Schwab US Aggregate Bond ETF Reduce -0.7% 1.64% +0.18
VCSH Vanguard S/T Corp. Bond ETF Reduce -0.6% 2.09% +0.22
CLIP Global X 1-3 Month T-Bill Reduce -1.0% 3.59% +0.34
JEPI JPMorgan Equity Premium Inco Reduce -0.1% 3.71% +0.34

Portfolio Buys Q4 2024 → Q1 2025
USMV iShares MSCI USA Min Vol Fac Add +60.3% 1.44% +0.67
SCHE Schwab Emrg Mrkts Eqty ETF Add +395.4% 0.61% +0.50
IWD iShares Russell 1000 Value E New 0.50% +0.50
CGDV Cap Group Dividend Value New 0.49% +0.49
FNDF Schwab Fndmn Intl LRG Co. ETF New 0.43% +0.43
XLG Invesco S&P 500 Top 50 ETF New 0.43% +0.43
PTLC Pacer Trendpilot US Large Ca Add +42.5% 1.14% +0.39
HELO JPMorgan Hedged Equity ETF Add +10.4% 2.36% +0.36
COST Costco Wholesale Corp. Add +26.4% 0.65% +0.20
SHYG iShares 0-5 YR HY Corp. Bond Add +0.3% 1.89% +0.19
SPHQ Invesco S&P 500 Quality ETF Add +20.1% 0.59% +0.14
MUB iShares National Muni Bond E New 0.12% +0.12
FTSL First Trust Senior Loan ETF Add +62.4% 0.27% +0.12
XYLD Global X S&P 500 Cove Call E Add +63.8% 0.28% +0.12
BUFB Innovator Ladd Allo Buff ETF New 0.11% +0.11
IAGG iShares Intl Aggregate Bond Add +120.6% 0.19% +0.11
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd Add +20.6% 0.47% +0.11
FBND Fidelity Total Bond ETF Add +15.1% 0.36% +0.08
QUAL iShares MSCI USA Quality Fac Add +10.3% 0.49% +0.07
NUDM Nuveen ESG Intl Devel MRK Eq New 0.06% +0.06
VTV Vanguard Mrngstr Val ETF-Aui Add +6.4% 0.25% +0.04
HYS PIMCO 0-5 Year H/Y Corp. Bond Add +6.3% 0.28% +0.04
USXF iShares ESG Advance MSCI USA Add +39.9% 0.13% +0.04
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +2.1% 0.31% +0.04
IGSB iShares 1-5Y Inv Grade Corp. Add +10.1% 0.20% +0.04
AVDV Avantis Intl S/C Value ETF Add +0.0% 0.24% +0.04
EMB iShares JP Morgan Usd Emergi Add +3.1% 0.27% +0.04
TOTL SS Doubleline TR Tact ETF Add +2.7% 0.11% +0.02
IWN iShares Russell 2000 Value E Add +6.6% 0.14% +0.01
IWO iShares Russell 2000 Growth Add +8.8% 0.09% +0.01
SCHM Schwab US Mid Cap ETF Add +0.1% 0.12% +0.01
SCHX Schwab US Large-Cap ETF Add +0.1% 0.09% +0.01
TSLA Tesla Inc. Add +5.1% 0.09% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 117$514.9MNVDA, SPY, SCHG, AMZN, VGT
Q1 2026 118$464.0MNVDA, SPY, SCHG, AMZN, SPYM
Q4 2025 116$476.7MNVDA, SPY, SCHG, AMZN, IWF
Q3 2025 107$441.1MNVDA, SPY, SCHG, IWF, SPYM
Q2 2025 105$398.0MSPY, NVDA, SCHG, SPYM, IWF
Q1 2025 100$340.5MSPY, SCHG, NVDA, IWF, VGT
Q4 2024 96$378.1MSPY, SCHG, NVDA, IWF, VGT
Q3 2024 97$352.2MSPY, SCHG, NVDA, IWF, VGT
Q2 2024 92$283.5MSPY, SCHG, IWF, VGT, JEPI
Q1 2024 94$258.3MSPY, SCHG, IWF, VGT, JEPI