Curtis Advisory Group, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Curtis Advisory Group, LLC reported 107 stock positions worth $441.1 million. Its top holding was Nvidia (NVDA) at 11.8% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 9.6%) and Schwab US Large-Cap Growth (SCHG, 8.4%). Compared with Q2 2025, it opened 5 new positions, sold out of 3, added to 49 and reduced 32. The biggest buy was Nvidia (NVDA, shares +17%) and the biggest sale an exit from Aam Low Dur Pref & Inc. Sec (PFLD).

Most Recent 13F
Q2 2026
Location
SANTA BARBARA, CA
CIK
0001664656
Portfolio Value
$441.1M (Q3 2025)
SEC Filing
0001664656-25-000009 ↗ filed Nov 10, 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 Q1 2025 Q2 2025: $398.0M Q2 2025 Q3 2025: $441.1M $441.1M Q3 2025 Q4 2025: $476.7M Q4 2025 Q1 2026: $464.0M Q1 2026 Q2 2026: $514.9M Q2 2026

Holdings 107 stocks · $441.1M
NVDA Nvidia Corp. 11.77% 278,245 $51.9M Add +16.9%
SPY SS SPDR S&P 500 ETF Trust-US 9.61% 63,604 $42.4M Add +0.5%
SCHG Schwab US Large-Cap Growth 8.44% 1,166,247 $37.2M Reduce -1.1%
IWF iShares Russell 1000 Growth 5.37% 50,598 $23.7M Add +0.1%
SPYM Ste STR SPDR PT S&P 500 ETF 4.95% 278,487 $21.8M Reduce -8.4%
AMZN Amazon.com Inc. 4.92% 98,777 $21.7M Add +43.8%
VGT Vanguard Info Tech ETF 3.76% 22,215 $16.6M No change
JEPI JPMorgan Equity Premium Inco 3.07% 237,265 $13.5M Add +0.9%
QQQ Invesco QQQ Trust Series 1 2.79% 20,475 $12.3M Reduce -0.3%
PKW Invesco Buyback Achievers Et 2.34% 78,060 $10.3M Reduce -0.2%
HELO JPMorgan Hedged Equity ETF 2.14% 145,217 $9.4M Add +1.5%
CLIP Global X 1-3 Month T-Bill 2.00% 87,909 $8.8M Reduce -14.1%
SHYG iShares 0-5 YR HY Corp. Bond 1.93% 196,158 $8.5M Add +14.8%
VCSH Vanguard S/T Corp. Bond ETF 1.88% 103,781 $8.3M Add +2.0%
SCHD Schwab US DVD Equity ETF 1.83% 295,912 $8.1M Reduce -1.9%
AIQ Global X Art Intel & Tech 1.61% 143,421 $7.1M Add +0.0%
SCHZ Schwab US Aggregate Bond ETF 1.41% 264,606 $6.2M Reduce -12.0%
BRK.B Berkshire Hathaway Inc. Class B 1.40% 12,261 $6.2M Add +2.4%
VONG Vanguard Russell 1000 Growth 1.38% 50,536 $6.1M Reduce -7.5%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.36% 12,899 $6.0M Reduce -4.5%
SCHV Schwab US Large-Cap Value 1.33% 202,299 $5.9M Reduce -3.4%
VONV Vanguard Russell 1000 Value 1.28% 63,390 $5.7M Add +2.0%
JAAA Janus Henderson Aaa Clo ETF 1.26% 109,639 $5.6M Reduce -0.8%
SRLN SS Blackstone Sr Loan ETF 1.20% 127,200 $5.3M Add +2.1%
USMV iShares MSCI USA Min Vol Fac 1.17% 54,460 $5.2M Add +60.4%
SCHF Schwab Intl Equity ETF 1.00% 188,877 $4.4M Add +0.9%
PTLC Pacer Trendpilot US Large Ca 0.99% 80,148 $4.4M Reduce -0.1%
VXF Vanguard Extended Market ETF 0.84% 17,757 $3.7M Reduce -34.9%
GOOG Alphabet Inc. Class C 0.82% 14,847 $3.6M Add +5.7%
AAPL Apple Inc. 0.80% 13,855 $3.5M Add +10.3%
VTWO Vanguard Russell 2000 ETF 0.68% 30,731 $3.0M Add +2.9%
COST Costco Wholesale Corp. 0.61% 2,894 $2.7M Add +18.9%
MSFT Microsoft Corp. 0.57% 4,822 $2.5M Add +13.7%
VTI VG Morningstar TS MKT ETF-US 0.55% 7,435 $2.4M Reduce -5.9%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.52% 7,756 $2.3M Add +7.9%
OEF iShares S&P 100 ETF 0.48% 6,349 $2.1M Add +0.4%
XLG Invesco S&P 500 Top 50 ETF 0.47% 35,966 $2.1M Add +0.5%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.47% 48,956 $2.1M Add +0.3%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.45% 46,196 $2.0M Add +0.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.45% 9,412 $2.0M Add +1.2%
BINV Brandes International ETF 0.44% 50,989 $2.0M New
VUG Vanguard Mrngstar GR ETF-Sui 0.38% 3,464 $1.7M Reduce -2.0%
HD Home Depot Inc. 0.35% 3,841 $1.6M Add +107.6%
CMF iShares California Muni Bond 0.34% 26,612 $1.5M Add +1.2%
DBEF Xtrackers MSCI Eafe Hedged E 0.34% 32,196 $1.5M Add +9.0%
AVGO Broadcom Inc. 0.31% 4,176 $1.4M Add +67.0%
NULG Nuveen ESG LRG-Cap GRW ETF 0.28% 12,338 $1.2M Add +0.9%
JPM JPMorgan Chase & Co. 0.27% 3,800 $1.2M No change
AVDV Avantis Intl S/C Value ETF 0.27% 13,456 $1.2M Add +11.0%
NULV Nuveen ESG Large-Cap Val ETF 0.27% 26,746 $1.2M Add +4.9%
VYM Vanguard High DVD Yield ETF 0.25% 7,975 $1.1M No change
FBND Fidelity Total Bond ETF 0.25% 23,878 $1.1M Reduce -1.1%
QYLD Global X Nasd 100 Cov Call 0.25% 64,018 $1.1M Reduce -0.8%
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.24% 11,106 $1.1M Add +0.9%
LMT Lockheed Martin Corp. 0.21% 1,890 $944K No change
XYLD Global X S&P 500 Cove Call E 0.21% 23,091 $907K Reduce -0.7%
VTV Vanguard Mrngstr Val ETF-Aui 0.20% 4,808 $897K Reduce -2.4%
V Visa Inc. Class A 0.19% 2,450 $836K No change
BUFB Innovator Ladd Allo Buff ETF 0.19% 23,177 $828K Add +1.9%
FTSL First Trust Senior Loan ETF 0.18% 17,395 $797K Add +3.5%
SPEM State Street SP PTF Em ETF 0.17% 15,787 $739K Reduce -0.5%
NFLX Netflix Inc. 0.17% 613 $735K Add +3.5%
VEA Vanguard Ftse Developed ETF 0.16% 11,672 $699K Reduce -1.3%
QCOM Qualcomm Inc. 0.15% 4,100 $682K No change
META Meta Platforms Inc. Class A 0.15% 921 $676K Add +3.4%
BNDX Vanguard Total Intl Bond ETF 0.15% 13,296 $658K Reduce -1.9%
IAGG iShares Intl Aggregate Bond 0.15% 12,761 $654K Reduce -1.7%
TSLA Tesla Inc. 0.15% 1,468 $653K Add +21.0%
IGSB iShares 1-5Y Inv Grade Corp. 0.14% 11,946 $633K Add +0.8%
IVW iShares S&P 500 Growth ETF 0.14% 5,179 $625K No change
IWN iShares Russell 2000 Value E 0.14% 3,530 $624K Add +0.8%
WMT Walmart Inc. 0.14% 5,864 $604K No change
ESGD iShares Trust iShares ESG Aw 0.13% 6,260 $582K Add +2.8%
MRK Merck & Co. Inc. 0.13% 6,600 $554K New
SCHE Schwab Emrg Mrkts Eqty ETF 0.12% 16,158 $539K Add +6.0%
SPHQ Invesco S&P 500 Quality ETF 0.12% 7,173 $526K Add +23.4%
IWO iShares Russell 2000 Growth 0.12% 1,631 $522K Add +3.2%
VOO Vanguard S&P 500 ETF 0.12% 839 $514K Reduce -2.2%
SHYD Vaneck SH Hi YLD Muni 0.11% 21,511 $493K Add +1.6%
DBEM Xtrackers MSCI Emerging Mark 0.11% 15,806 $488K Add +17.1%
MMM 3M Co. 0.11% 3,100 $481K No change
TOTL SS Doubleline TR Tact ETF 0.10% 11,032 $448K Add +1.1%
SCHA Schwab US Small-Cap ETF 0.10% 15,343 $428K Reduce -19.1%
SCHM Schwab US Mid Cap ETF 0.09% 14,120 $419K Reduce -19.5%
KO The Coca-Cola Co. 0.09% 6,200 $411K No change
IVE iShares S&P 500 Value ETF 0.09% 1,964 $406K No change
VIG Vanguard Dividend Apprec ETF 0.09% 1,875 $405K No change
SCHX Schwab US Large-Cap ETF 0.08% 13,840 $365K Reduce -4.9%
USXF iShares ESG Advance MSCI USA 0.08% 6,331 $363K Reduce -34.4%
SGOL Abrdn Physical Gold Shares 0.08% 9,760 $359K No change
NUSC Nuveen ESG Small-Cap ETF 0.08% 7,870 $347K Add +22.4%
XVV iShares ESG Select Screened 0.07% 6,326 $326K New
IJR iShares Core S&P Small-Cap E 0.07% 2,616 $311K Reduce -0.9%
DGRO iShares Core Dividend Growth 0.07% 4,500 $306K No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.06% 10,585 $278K Reduce -5.2%
VPU Vanguard Utilities ETF 0.06% 1,402 $266K No change
BKLN Invesco Senior Loan ETF 0.06% 12,519 $262K Reduce -1.9%
ORCL Oracle Corp. 0.06% 900 $253K Reduce -3.2%
HYXF iShares ESG Adv High Yield 0.06% 5,160 $245K No change
EAGG iShares ESG Aware US Aggrega 0.06% 5,087 $244K No change

Show all 107 holdings

Portfolio Sells Q2 2025 → Q3 2025
PFLD Aam Low Dur Pref & Inc. Sec Sold out 0.00% −0.66
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -8.4% 4.95% −0.60
CLIP Global X 1-3 Month T-Bill Reduce -14.1% 2.00% −0.58
VXF Vanguard Extended Market ETF Reduce -34.9% 0.84% −0.48
SCHZ Schwab US Aggregate Bond ETF Reduce -12.0% 1.41% −0.35
SCHG Schwab US Large-Cap Growth Reduce -1.1% 8.44% −0.22
SCHD Schwab US DVD Equity ETF Reduce -1.9% 1.83% −0.18
JAAA Janus Henderson Aaa Clo ETF Reduce -0.8% 1.26% −0.15
DIA SS SPDR Dow Jones Indus Avg Reduce -4.5% 1.36% −0.14
SCHV Schwab US Large-Cap Value Reduce -3.4% 1.33% −0.12
VONG Vanguard Russell 1000 Growth Reduce -7.5% 1.38% −0.12
ESML iShares ESG Aware MSCI USA S Sold out 0.00% −0.09
PKW Invesco Buyback Achievers Et Reduce -0.2% 2.34% −0.08
ESGU iShares ESG Aware MSCI USA Sold out 0.00% −0.07
QQQ Invesco QQQ Trust Series 1 Reduce -0.3% 2.79% −0.06
VTI VG Morningstar TS MKT ETF-US Reduce -5.9% 0.55% −0.05
USXF iShares ESG Advance MSCI USA Reduce -34.4% 0.08% −0.05
SCHM Schwab US Mid Cap ETF Reduce -19.5% 0.09% −0.03
PTLC Pacer Trendpilot US Large Ca Reduce -0.1% 0.99% −0.03
FBND Fidelity Total Bond ETF Reduce -1.1% 0.25% −0.03
QYLD Global X Nasd 100 Cov Call Reduce -0.8% 0.25% −0.02
SCHA Schwab US Small-Cap ETF Reduce -19.1% 0.10% −0.02
XYLD Global X S&P 500 Cove Call E Reduce -0.7% 0.21% −0.02
BNDX Vanguard Total Intl Bond ETF Reduce -1.9% 0.15% −0.02
IAGG iShares Intl Aggregate Bond Reduce -1.7% 0.15% −0.02
VTV Vanguard Mrngstr Val ETF-Aui Reduce -2.4% 0.20% −0.02
VUG Vanguard Mrngstar GR ETF-Sui Reduce -2.0% 0.38% −0.01
VEA Vanguard Ftse Developed ETF Reduce -1.3% 0.16% −0.01
BKLN Invesco Senior Loan ETF Reduce -1.9% 0.06% −0.01
SCHX Schwab US Large-Cap ETF Reduce -4.9% 0.08% −0.01
VOO Vanguard S&P 500 ETF Reduce -2.2% 0.12% −0.01
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -5.2% 0.06% −0.01
SPEM State Street SP PTF Em ETF Reduce -0.5% 0.17% −0.00
IJR iShares Core S&P Small-Cap E Reduce -0.9% 0.07% −0.00
ORCL Oracle Corp. Reduce -3.2% 0.06% +0.01

Portfolio Buys Q2 2025 → Q3 2025
NVDA Nvidia Corp. Add +16.9% 11.77% +2.32
AMZN Amazon.com Inc. Add +43.8% 4.92% +1.13
BINV Brandes International ETF New 0.44% +0.44
USMV iShares MSCI USA Min Vol Fac Add +60.4% 1.17% +0.37
GOOG Alphabet Inc. Class C Add +5.7% 0.82% +0.19
HD Home Depot Inc. Add +107.6% 0.35% +0.18
AAPL Apple Inc. Add +10.3% 0.80% +0.15
AVGO Broadcom Inc. Add +67.0% 0.31% +0.14
MRK Merck & Co. Inc. New 0.13% +0.13
SHYG iShares 0-5 YR HY Corp. Bond Add +14.8% 1.93% +0.07
XVV iShares ESG Select Screened New 0.07% +0.07
TSLA Tesla Inc. Add +21.0% 0.15% +0.05
XLU St Sr Utl SL SE SPDR ETF-Usd New 0.05% +0.05
VWO Vanguard Ftse Emerging Marke New 0.05% +0.05
MSFT Microsoft Corp. Add +13.7% 0.57% +0.04
AIQ Global X Art Intel & Tech Add +0.0% 1.61% +0.03
AVDV Avantis Intl S/C Value ETF Add +11.0% 0.27% +0.03
VTWO Vanguard Russell 2000 ETF Add +2.9% 0.68% +0.03
VBK Van Morst SML-Cap Gro-Usd Inc. Add +7.9% 0.52% +0.02
DBEM Xtrackers MSCI Emerging Mark Add +17.1% 0.11% +0.02
SPHQ Invesco S&P 500 Quality ETF Add +23.4% 0.12% +0.02
DBEF Xtrackers MSCI Eafe Hedged E Add +9.0% 0.34% +0.01
NUSC Nuveen ESG Small-Cap ETF Add +22.4% 0.08% +0.01
SCHE Schwab Emrg Mrkts Eqty ETF Add +6.0% 0.12% +0.01
IWO iShares Russell 2000 Growth Add +3.2% 0.12% +0.00
IWN iShares Russell 2000 Value E Add +0.8% 0.14% +0.00
COST Costco Wholesale Corp. Add +18.9% 0.61% +0.00
XLG Invesco S&P 500 Top 50 ETF Add +0.5% 0.47% +0.00
NULV Nuveen ESG Large-Cap Val ETF Add +4.9% 0.27% −0.00
OEF iShares S&P 100 ETF Add +0.4% 0.48% −0.00
SUB iShares Short-Term National Add +0.6% 0.05% −0.00
ESGD iShares Trust iShares ESG Aw Add +2.8% 0.13% −0.00
BUFB Innovator Ladd Allo Buff ETF Add +1.9% 0.19% −0.01
TOTL SS Doubleline TR Tact ETF Add +1.1% 0.10% −0.01
SHYD Vaneck SH Hi YLD Muni Add +1.6% 0.11% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Add +1.2% 0.45% −0.01
NULG Nuveen ESG LRG-Cap GRW ETF Add +0.9% 0.28% −0.01
META Meta Platforms Inc. Class A Add +3.4% 0.15% −0.01
FTSL First Trust Senior Loan ETF Add +3.5% 0.18% −0.01
IGSB iShares 1-5Y Inv Grade Corp. Add +0.8% 0.14% −0.01
FNDF Schwab Fndmn Intl LRG Co. ETF Add +0.1% 0.45% −0.01
CGDV Cap Group Dividend Value Add +0.3% 0.47% −0.02
IWF iShares Russell 1000 Growth Add +0.1% 5.37% −0.02
HYS PIMCO 0-5 Year H/Y Corp. Bond Add +0.9% 0.24% −0.02
CMF iShares California Muni Bond Add +1.2% 0.34% −0.02
NFLX Netflix Inc. Add +3.5% 0.17% −0.03
SCHF Schwab Intl Equity ETF Add +0.9% 1.00% −0.04
VONV Vanguard Russell 1000 Value Add +2.0% 1.28% −0.05
BRK.B Berkshire Hathaway Inc. Class B Add +2.4% 1.40% −0.06
SRLN SS Blackstone Sr Loan ETF Add +2.1% 1.20% −0.10

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