Financial Advisory Group

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), Financial Advisory Group reported 91 stock positions worth $566.8 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 15.6% of the portfolio, followed by Xtrackers MSCI Eafe Hedged E (DBEF, 11.9%) and SS SPDR S&P 500 ETF Trust-US (SPY, 11.3%). Compared with Q4 2023, it opened 6 new positions, sold out of 2, added to 26 and reduced 36. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +3%) and the biggest sale Apple (AAPL, shares −0%).

Most Recent 13F
Q1 2024
Location
HOUSTON, TX
CIK
0001539338
Portfolio Value
$566.8M (Q1 2024)
SEC Filing
0001539338-24-000004 ↗ filed May 10, 2024

Holdings 91 stocks · $566.8M
VOO Vanguard S&P 500 ETF 15.58% 183,759 $88.3M Add +2.6%
DBEF Xtrackers MSCI Eafe Hedged E 11.94% 1,654,073 $67.7M Add +2.5%
SPY SS SPDR S&P 500 ETF Trust-US 11.28% 122,238 $63.9M Reduce -3.2%
SPDW Ste STR SPDR PT DW Eu ETF 7.86% 1,242,649 $44.5M Add +5.7%
IJH iShares Core S&P Midcap ETF 5.76% 537,167 $32.6M Add +3.5%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 4.60% 65,482 $26.0M Reduce -4.4%
MDY State Street SPDR S&P Midcap 4.45% 45,304 $25.2M Reduce -1.1%
GOVT iShares US Treasury Bond ETF 3.99% 994,183 $22.6M Add +13.2%
SLYV SS SPDR S&P 600 SC Val ETF 3.22% 219,943 $18.2M Add +6.5%
SPTL SS SPDR PF LNG TRM TSY E-Usd 2.75% 556,877 $15.6M Add +8.9%
AAPL Apple Inc. 2.37% 78,332 $13.4M Reduce -0.3%
SCHF Schwab Intl Equity ETF 2.09% 304,111 $11.9M Reduce -5.4%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.99% 46,989 $11.3M Reduce -1.3%
SCHX Schwab US Large-Cap ETF 1.97% 180,221 $11.2M Reduce -2.4%
POWERSHARES 1.92% 24,544 $10.9M Add +3.2%
VUG Vanguard Mrngstar GR ETF-Sui 1.34% 22,015 $7.6M Reduce -4.9%
RSP Invesco S&P 500 Equal Weight 1.33% 44,459 $7.5M Add +6.6%
IEF iShares 7-10 Year Treasury B 1.11% 66,408 $6.3M Add +2.7%
ARKK ARK Innovation ETF 0.90% 101,996 $5.1M Reduce -12.2%
HEFA Isha Curr Hedged MSCI Eafe 0.60% 97,759 $3.4M No change
BWIN Baldwin Insurance Group Inc./ filed as BRP GROUP INC 0.59% 115,925 $3.4M No change
SCHM Schwab US Mid Cap ETF 0.54% 37,919 $3.1M Reduce -0.3%
BRK.B Berkshire Hathaway Inc. Class B 0.54% 7,290 $3.1M Add +0.8%
MSFT Microsoft Corp. 0.54% 7,245 $3.0M Reduce -0.4%
IWR iShares Russell Mid-Cap ETF 0.52% 35,328 $3.0M No change
AGG iShares Core U.S. Aggregate 0.51% 29,728 $2.9M Reduce -31.5%
XOM Exxon Mobil Corp. 0.47% 23,075 $2.7M Add +0.2%
TLT iShares 20+ Year Treasury BD 0.47% 28,313 $2.7M Reduce -6.9%
MBB iShares MBS ETF 0.41% 24,954 $2.3M Reduce -37.1%
BSCO Invesco Bulletshares 2024 CB 0.40% 106,969 $2.2M Reduce -1.7%
BSCP Invesco Bulletshares 2025 CB 0.38% 106,591 $2.2M Reduce -1.2%
BSCQ Invesco Bulletshares 2026 CB 0.36% 106,201 $2.0M Reduce -0.8%
AMZN Amazon.com Inc. 0.36% 11,286 $2.0M Reduce -0.9%
POWERSHARES ETF TR II 0.36% 30,568 $2.0M Reduce -12.9%
BSCR Invesco Bulletshares 2027 CB 0.35% 103,199 $2.0M Reduce -1.3%
SCHE Schwab Emrg Mrkts Eqty ETF 0.33% 73,649 $1.9M Reduce -21.5%
BSCK Invesco Bulletshares 2020 Co. 0.29% 81,642 $1.6M Add +0.7%
GOOG Alphabet Inc. Class C 0.26% 9,607 $1.5M Add +0.7%
NVDA Nvidia Corp. 0.25% 1,593 $1.4M Add +6.7%
MCD McDonald's Corp. 0.25% 5,058 $1.4M Add +0.2%
BSCT Invesco Bulletshares 2029 CB 0.24% 75,724 $1.4M Add +13.4%
GOOGL Alphabet Inc. Class A 0.24% 8,869 $1.3M Reduce -0.1%
LLY Eli Lilly & Co. 0.22% 1,619 $1.3M Add +44.0%
HD Home Depot Inc. 0.20% 2,971 $1.1M Add +0.3%
WMT Walmart Inc. 0.19% 18,068 $1.1M No change
VCIT Vanguard Int-Term Corporate 0.18% 12,508 $1.0M Reduce -43.2%
PEP Pepsico Inc. 0.18% 5,689 $996K No change
VIG Vanguard Dividend Apprec ETF 0.15% 4,780 $873K Reduce -3.1%
RTX RTX Corp. 0.15% 8,877 $866K Reduce -0.0%
ABBV Abbvie Inc. 0.14% 4,322 $787K Reduce -0.6%
UNP Union Pacific Corp. 0.13% 2,954 $726K No change
BSCU Invesco Bulletshares 2030 CB 0.13% 43,545 $714K Add +91.4%
JNJ Johnson & Johnson 0.13% 4,493 $711K No change
BA The Boeing Co. 0.12% 3,626 $700K Add +0.3%
TSLA Tesla Inc. 0.11% 3,683 $647K Reduce -0.6%
BRK.A Berkshire Hathaway Inc. Class A 0.11% 1 $634K No change
JPM JPMorgan Chase & Co. 0.11% 3,091 $619K Reduce -5.2%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.11% 11,975 $608K Reduce -46.1%
NVO Novo-Nordisk A/S-Spons ADR 0.10% 4,514 $580K Add +0.5%
CVX Chevron Corp. 0.10% 3,649 $576K No change
TXN Texas Instruments Inc. 0.09% 2,876 $501K Add +0.7%
KO The Coca-Cola Co. 0.08% 7,694 $471K No change
BSCV Invesco Bulletshares 2031 CB 0.08% 29,045 $468K New
VTI VG Morningstar TS MKT ETF-US 0.08% 1,766 $459K Reduce -28.2%
META Meta Platforms Inc. Class A 0.08% 943 $458K No change
ESGV Vanguard ESG US Stock ETF 0.08% 4,805 $448K No change
CARR Carrier Global Corp. 0.08% 7,562 $440K No change
ELV Elevance Health Inc. 0.07% 812 $421K Reduce -0.1%
JPST JPMorgan Ultra-Short Income 0.07% 8,116 $409K Reduce -29.3%
ABT Abbott Laboratories 0.07% 3,550 $403K No change
OTIS Otis Worldwide Corp. 0.07% 3,711 $368K No change
ALXO Alx Oncology Holdings Inc. 0.06% 31,417 $350K No change
SDY SS SPDR S&P Dividend ETF 0.06% 2,481 $326K Reduce -9.2%
MMM 3M Co. 0.06% 2,987 $317K Add +0.3%
ADP Automatic Data Processing 0.05% 1,197 $299K No change
AMGN Amgen Inc. 0.05% 1,037 $295K No change
ETN Eaton Corp. PLC 0.05% 874 $273K Reduce -2.0%
RCEL Avita Medical Inc. 0.04% 15,521 $249K Add +19.2%
CADE Cadence Bank 0.04% 8,450 $245K No change
BAX Baxter International Inc. 0.04% 5,694 $243K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 1,198 $229K Reduce -6.3%
PG The Procter & Gamble Co. 0.04% 1,396 $227K No change
WFC Wells Fargo & Co. 0.04% 3,883 $225K New
ASML ASML Holding NV-NY Reg SHS 0.04% 230 $223K New
CSX CSX Corp. 0.04% 5,990 $222K Add +0.1%
SBUX Starbucks Corp. 0.04% 2,399 $219K No change
NSC Norfolk Southern Corp. 0.04% 842 $215K New
GS Goldman Sachs Group Inc. 0.04% 500 $209K New
TOWN Towne Bank 0.04% 7,397 $208K No change
VLO Valero Energy Corp. 0.04% 1,210 $207K New
RC Ready Capital Corp. 0.02% 11,641 $106K Reduce -38.0%

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -0.3% 2.37% −0.50
AGG iShares Core U.S. Aggregate Reduce -31.5% 0.51% −0.30
DIA SS SPDR Dow Jones Indus Avg Reduce -4.4% 4.60% −0.30
MBB iShares MBS ETF Reduce -37.1% 0.41% −0.30
ARKK ARK Innovation ETF Reduce -12.2% 0.90% −0.25
VCIT Vanguard Int-Term Corporate Reduce -43.2% 0.18% −0.16
SCHF Schwab Intl Equity ETF Reduce -5.4% 2.09% −0.16
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -21.5% 0.33% −0.11
JMST JPM Ultra-Short Muni Income Reduce -46.1% 0.11% −0.11
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.2% 11.28% −0.10
TLT iShares 20+ Year Treasury BD Reduce -6.9% 0.47% −0.10
POWERSHARES ETF TR II Reduce -12.9% 0.36% −0.06
TSLA Tesla Inc. Reduce -0.6% 0.11% −0.06
UNH Unitedhealth Group Inc. Sold out 0.00% −0.04
JPST JPMorgan Ultra-Short Income Reduce -29.3% 0.07% −0.04
BSCO Invesco Bulletshares 2024 CB Reduce -1.7% 0.40% −0.04
BSCR Invesco Bulletshares 2027 CB Reduce -1.3% 0.35% −0.03
BSCP Invesco Bulletshares 2025 CB Reduce -1.2% 0.38% −0.03
BSCQ Invesco Bulletshares 2026 CB Reduce -0.8% 0.36% −0.03
VTI VG Morningstar TS MKT ETF-US Reduce -28.2% 0.08% −0.03
VUG Vanguard Mrngstar GR ETF-Sui Reduce -4.9% 1.34% −0.03
RC Ready Capital Corp. Reduce -38.0% 0.02% −0.02
SDY SS SPDR S&P Dividend ETF Reduce -9.2% 0.06% −0.01
VIG Vanguard Dividend Apprec ETF Reduce -3.1% 0.15% −0.01
SCHX Schwab US Large-Cap ETF Reduce -2.4% 1.97% −0.00
NUVVE HOLDING CORP Sold out 0.00% −0.00
IBM Intl Business Machines Corp. Reduce -6.3% 0.04% +0.00
GOOGL Alphabet Inc. Class A Reduce -0.1% 0.24% +0.00
SCHM Schwab US Mid Cap ETF Reduce -0.3% 0.54% +0.00
ELV Elevance Health Inc. Reduce -0.1% 0.07% +0.00
JPM JPMorgan Chase & Co. Reduce -5.2% 0.11% +0.00
ETN Eaton Corp. PLC Reduce -2.0% 0.05% +0.01
ABBV Abbvie Inc. Reduce -0.6% 0.14% +0.01
RTX RTX Corp. Reduce -0.0% 0.15% +0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -1.3% 1.99% +0.02
MSFT Microsoft Corp. Reduce -0.4% 0.54% +0.02
AMZN Amazon.com Inc. Reduce -0.9% 0.36% +0.03
MDY State Street SPDR S&P Midcap Reduce -1.1% 4.45% +0.04

Portfolio Buys Q4 2023 → Q1 2024
VOO Vanguard S&P 500 ETF Add +2.6% 15.58% +0.75
DBEF Xtrackers MSCI Eafe Hedged E Add +2.5% 11.94% +0.63
IJH iShares Core S&P Midcap ETF Add +3.5% 5.76% +0.30
SPDW Ste STR SPDR PT DW Eu ETF Add +5.7% 7.86% +0.28
GOVT iShares US Treasury Bond ETF Add +13.2% 3.99% +0.16
NVDA Nvidia Corp. Add +6.7% 0.25% +0.11
LLY Eli Lilly & Co. Add +44.0% 0.22% +0.10
BSCV Invesco Bulletshares 2031 CB New 0.08% +0.08
RSP Invesco S&P 500 Equal Weight Add +6.6% 1.33% +0.08
POWERSHARES Add +3.2% 1.92% +0.07
BSCU Invesco Bulletshares 2030 CB Add +91.4% 0.13% +0.05
BRK.B Berkshire Hathaway Inc. Class B Add +0.8% 0.54% +0.05
WFC Wells Fargo & Co. New 0.04% +0.04
ASML ASML Holding NV-NY Reg SHS New 0.04% +0.04
NSC Norfolk Southern Corp. New 0.04% +0.04
GS Goldman Sachs Group Inc. New 0.04% +0.04
XOM Exxon Mobil Corp. Add +0.2% 0.47% +0.04
VLO Valero Energy Corp. New 0.04% +0.04
NVO Novo-Nordisk A/S-Spons ADR Add +0.5% 0.10% +0.01
RCEL Avita Medical Inc. Add +19.2% 0.04% +0.01
BSCT Invesco Bulletshares 2029 CB Add +13.4% 0.24% +0.01
HD Home Depot Inc. Add +0.3% 0.20% +0.01
GOOG Alphabet Inc. Class C Add +0.7% 0.26% +0.00
CSX CSX Corp. Add +0.1% 0.04% −0.00
TXN Texas Instruments Inc. Add +0.7% 0.09% −0.00
MMM 3M Co. Add +0.3% 0.06% −0.01
BSCK Invesco Bulletshares 2020 Co. Add +0.7% 0.29% −0.02
MCD McDonald's Corp. Add +0.2% 0.25% −0.03
SLYV SS SPDR S&P 600 SC Val ETF Add +6.5% 3.22% −0.04
BA The Boeing Co. Add +0.3% 0.12% −0.06
SPTL SS SPDR PF LNG TRM TSY E-Usd Add +8.9% 2.75% −0.07
IEF iShares 7-10 Year Treasury B Add +2.7% 1.11% −0.07

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2024 91$566.8MVOO, DBEF, SPY, SPDW, IJH