Financial Enhancement Group LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 14, 2025), Financial Enhancement Group LLC reported 128 stock positions worth $699.5 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 7.2% of the portfolio, followed by STSR SPD MSC Eaf Stgfs-US (QEFA, 4.4%) and iShares Core S&P Small-Cap E (IJR, 4.0%). Compared with Q1 2025, it opened 19 new positions, sold out of 4, added to 41 and reduced 61. The biggest buy was a new position in iShares Core S&P Small-Cap E (IJR) and the biggest sale SPDR Gold Shares (GLD, shares −98%).

Most Recent 13F
Q2 2026
Location
ANDERSON, IN
CIK
0001641438
Portfolio Value
$699.5M (Q2 2025)
SEC Filing
0001641438-25-000007 ↗ filed Jul 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $608.5M Q1 2024 Q2 2024: $620.8M Q2 2024 Q3 2024: $514.6M Q3 2024 Q4 2024: $654.2M Q4 2024 Q1 2025: $640.5M Q1 2025 Q2 2025: $699.5M $699.5M Q2 2025 Q3 2025: $745.2M Q3 2025 Q4 2025: $768.7M Q4 2025 Q1 2026: $805.9M Q1 2026 Q2 2026: $837.4M Q2 2026

Holdings 128 stocks · $699.5M
SPYM Ste STR SPDR PT S&P 500 ETF 7.16% 682,800 $50.1M Reduce -1.1%
QEFA STSR SPD MSC Eaf Stgfs-US Inc. 4.43% 364,162 $31.0M Reduce -10.9%
IJR iShares Core S&P Small-Cap E 4.02% 249,136 $28.1M New
QQQ Invesco QQQ Trust Series 1 3.70% 46,700 $25.9M New
JSI JH Securitized Income ETF 3.50% 468,769 $24.5M Reduce -1.1%
LGOV First TR Long Duration O-ETF 3.50% 1,162,573 $24.5M Add +15.7%
OEF iShares S&P 100 ETF 3.44% 78,347 $24.1M Add +234.4%
JMBS Janus Henderson Mortg Backed 3.03% 476,327 $21.2M Reduce -1.5%
OMFL Invesco Russell 1000 DYN M/F 2.75% 334,900 $19.3M Add +1.6%
LMBS First Trust Low Duration Opp 2.59% 369,039 $18.1M Reduce -25.8%
VFLO Victoryshares Free Cash Flow 2.30% 449,497 $16.1M Reduce -4.4%
USMV iShares MSCI USA Min Vol Fac 2.17% 163,904 $15.2M Add +1.3%
SPMO Invesco S&P 500 Momentum ETF 1.95% 121,605 $13.6M Reduce -2.4%
AVGO Broadcom Inc. 1.92% 48,897 $13.4M Reduce -10.7%
V Visa Inc. Class A 1.78% 35,747 $12.4M Reduce -6.2%
JAAA Janus Henderson Aaa Clo ETF 1.77% 244,449 $12.4M Reduce -9.6%
PALC Pacer Lunt LRG Cap Multi-Fac 1.73% 245,831 $12.1M Add +0.3%
VNLA Janus Henderson Short Durati 1.70% 241,750 $11.9M Reduce -3.5%
XLF SS Financial Select Sector 1.66% 222,779 $11.6M Reduce -9.6%
ICE Intercontinental Exchange Inc. 1.65% 63,930 $11.5M Reduce -4.9%
LIN Linde PLC 1.64% 24,460 $11.5M Reduce -4.2%
AAPL Apple Inc. 1.62% 53,685 $11.3M Add +1.8%
XLI SS Industrial Select Sector 1.57% 73,231 $11.0M Add +140.2%
EFA iShares MSCI Eafe ETF 1.37% 107,552 $9.6M Reduce -2.7%
NVDA Nvidia Corp. 1.29% 54,813 $9.0M Reduce -0.5%
FTGC First Trust Global Tactical 1.28% 352,951 $9.0M Add +0.7%
JEMB JH Em Debt Hard Currency ETF 1.23% 166,775 $8.6M Add +67.2%
FEZ State Street SPDR Euro Stoxx 1.18% 136,897 $8.2M Add +0.5%
PTLC Pacer Trendpilot US Large Ca 1.17% 160,445 $8.2M Reduce -40.0%
VOO Vanguard S&P 500 ETF 1.15% 14,018 $8.0M Reduce -1.7%
JPST JPMorgan Ultra-Short Income 1.13% 156,424 $7.9M Add +15.0%
FTLS First Trust Long/Short Eqty 1.10% 116,993 $7.7M Reduce -50.6%
GLDM SPDR Gold Minishares Trust 1.03% 108,411 $7.2M Reduce -1.7%
ACWI iShares MSCI Acwi ETF 0.98% 52,936 $6.8M Reduce -2.1%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.93% 79,203 $6.5M New
IVE iShares S&P 500 Value ETF 0.93% 32,770 $6.5M Reduce -0.0%
KR Kroger Co. 0.85% 84,327 $6.0M Add +2.4%
DYNF Ishrs US E F R A ETF-Usd Inc. 0.82% 105,145 $5.8M Add +32.0%
AGGH Simplify Aggregate Bond ETF 0.80% 278,103 $5.6M Add +66.9%
LFEQ Vaneck Long/Flat Trend ETF 0.78% 108,882 $5.4M Add +26.3%
INDA iShares MSCI India ETF 0.75% 95,726 $5.3M Add +79.8%
IBIT iShares Bitcoin Trust ETF 0.74% 77,369 $5.2M Add +9.5%
SPYG SS SPDR P S&P 500 Growth ETF 0.73% 53,278 $5.1M Reduce -0.1%
QUAL iShares MSCI USA Quality Fac 0.73% 27,612 $5.1M Reduce -1.6%
XLC SS Comm Select Sector SPDR 0.63% 41,794 $4.4M Reduce -65.1%
SPEM State Street SP PTF Em ETF 0.62% 100,995 $4.3M Reduce -13.7%
NEE Nextera Energy Inc. 0.53% 49,856 $3.7M Reduce -47.2%
HEQT Simplify Hedged Equity ETF 0.53% 122,709 $3.7M Add +42.4%
RSP Invesco S&P 500 Equal Weight 0.50% 18,832 $3.5M Reduce -0.9%
IPKW Invesco International Buybac 0.49% 70,400 $3.5M Reduce -6.2%
CIBR First Trust Nasdaq Cybersecu 0.49% 46,839 $3.4M Reduce -1.6%
FTSM First Trust Enh Short Mat FD 0.48% 56,080 $3.4M Reduce -53.6%
CTA Simplify Managed Futures St 0.47% 117,554 $3.3M Add +2.9%
CHD Church & Dwight Co. Inc. 0.45% 31,870 $3.1M Reduce -27.7%
FCTE Smi 3FOURTEEN Full-CYCL TRND 0.44% 118,499 $3.1M Reduce -0.1%
SHW The Sherwin-Williams Co. 0.43% 8,764 $3.0M Reduce -35.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.40% 4,471 $2.8M Add +37.4%
QIS Simplify Multi-Qis Alt ETF 0.39% 128,533 $2.7M Add +53.1%
USMF Wisdomtree US Multifactor Fu 0.38% 53,257 $2.7M Reduce -2.9%
TPYP Tortoise North American Pipe 0.38% 76,685 $2.7M Add +11.1%
CCJ Cameco Corp. 0.38% 36,282 $2.6M New
DBJP Xtrackers MSCI Japan Hedged 0.37% 34,510 $2.6M Reduce -0.1%
IMTM iShares MSCI Intl Momentum F 0.35% 54,797 $2.5M Reduce -1.1%
AVDE Avantis International Equity 0.34% 31,929 $2.4M Add +78.1%
TAX Cambria Tax Aware ETF 0.33% 89,509 $2.3M No change
XLE SS Energy Select Sector 0.33% 26,159 $2.3M Reduce -73.3%
DHR Danaher Corp. 0.32% 10,949 $2.2M Reduce -0.6%
SPTM SS SPDR P S&P 1500 Comp ETF 0.32% 29,557 $2.2M Reduce -9.7%
FIW First Trust Water ETF 0.28% 18,007 $2.0M Add +0.6%
BRK.B Berkshire Hathaway Inc. Class B 0.28% 4,137 $2.0M Add +2.5%
GEV GE Vernova Inc. 0.27% 3,490 $1.9M Reduce -18.6%
VWO Vanguard Ftse Emerging Marke 0.26% 36,342 $1.8M Reduce -3.3%
LLY Eli Lilly & Co. 0.25% 2,190 $1.7M Reduce -0.5%
SPMD SS SPDR P S&P 400 Midcap ETF 0.25% 31,205 $1.7M Add +42.0%
VYM Vanguard High DVD Yield ETF 0.24% 12,672 $1.7M Add +38.4%
SPPP Sprott Physical Platinum And 0.24% 131,675 $1.7M Add +13.4%
ROMO Strategy Shares Newfound 0.23% 50,136 $1.6M Reduce -0.1%
AFG American Financial Group Inc. 0.23% 12,663 $1.6M No change
MSFT Microsoft Corp. 0.21% 2,949 $1.5M Add +3.4%
SPYC Simplify US Eqty Plus Convex 0.20% 33,765 $1.4M Reduce -4.7%
PPA Invesco Aerospace & Defense 0.18% 8,738 $1.2M New
UIVM Victoryshares International 0.17% 20,530 $1.2M Add +5.0%
GRNY Fundstr Gran SH US LRG Cap 0.17% 52,487 $1.2M New
MSGE Madison Square Garden Entert 0.17% 29,332 $1.2M New
IQDG Wisdomtree Intl QLTY DVD GRW 0.17% 29,364 $1.2M Reduce -0.1%
MTUM iShares MSCI USA Momentum Fa 0.16% 4,844 $1.1M New
TDW Tidewater Inc. 0.16% 21,083 $1.1M New
MINT PIMCO Enhanced Short Maturit 0.15% 10,144 $1.0M Add +15.2%
KOMP SS SPDR S&P Kensho Ne Comp 0.14% 18,105 $1.0M New
RPV Invesco S&P 500 Pure Value E 0.14% 10,510 $994K No change
AIQ Global X Art Intel & Tech 0.14% 22,158 $959K New
FBT First Trust Nyse Arca Biotec 0.13% 5,658 $943K Add +1.9%
BKNG Booking Holdings Inc. 0.13% 153 $875K Reduce -7.8%
VIG Vanguard Dividend Apprec ETF 0.12% 4,044 $833K No change
BRO Brown & Brown Inc. 0.12% 7,574 $809K Add +6.6%
RING iShares MSCI Global Gold Min 0.12% 18,302 $808K Reduce -4.4%
QLYS Qualys Inc. 0.11% 5,889 $799K No change
JPM JPMorgan Chase & Co. 0.09% 2,301 $660K Reduce -0.9%
SO The Southern Co. 0.09% 6,927 $642K Reduce -5.1%
BLDR Builders Firstsource Inc. 0.09% 4,811 $641K Add +4.8%
CRM Salesforce Inc. 0.08% 2,240 $578K Reduce -0.6%
TSLA Tesla Inc. 0.08% 1,797 $563K Add +0.5%
HD Home Depot Inc. 0.08% 1,492 $552K Add +1.8%
SLYV SS SPDR S&P 600 SC Val ETF 0.08% 6,474 $539K Reduce -5.9%
NFLX Netflix Inc. 0.07% 412 $513K No change
BSX Boston Scientific Corp. 0.07% 4,502 $465K Add +0.1%
GLD SPDR Gold Shares 0.06% 1,447 $447K Reduce -97.7%
FMB First Trust Managed Municipa 0.06% 8,798 $438K New
SPTS SS SPDR P St Term TSY ETF 0.06% 14,704 $428K Add +2.0%
MBB iShares MBS ETF 0.06% 4,607 $428K Reduce -12.6%
MRK Merck & Co. Inc. 0.06% 4,757 $397K Reduce -0.2%
AMZN Amazon.com Inc. 0.05% 1,658 $373K Reduce -16.7%
ORCL Oracle Corp. 0.05% 1,524 $351K New
WMT Walmart Inc. 0.05% 3,522 $332K Reduce -10.6%
ENDW Cambria Endowment Style ETF 0.04% 11,014 $311K New
CAT Caterpillar Inc. 0.04% 753 $306K Add +1.2%
IVV iShares Core S&P 500 ETF 0.04% 473 $296K Reduce -47.1%
AOM iShares Core 40/60 Moderate 0.04% 6,246 $285K No change
MA Mastercard Inc. Class A 0.04% 483 $266K Add +1.5%
COST Costco Wholesale Corp. 0.04% 258 $250K Reduce -3.7%
AEP American Electric Power 0.03% 2,297 $242K Add +0.4%
BA The Boeing Co. 0.03% 1,030 $234K New
JNJ Johnson & Johnson 0.03% 1,430 $224K Reduce -8.9%
STLD Steel Dynamics Inc. 0.03% 1,633 $221K New
GOOGL Alphabet Inc. Class A 0.03% 1,166 $210K New
LMT Lockheed Martin Corp. 0.03% 444 $208K Reduce -13.1%
CVX Chevron Corp. 0.03% 1,323 $205K New
IBRX Immunitybio Inc. 0.00% 10,000 $28K New

Portfolio Sells Q1 2025 → Q2 2025
GLD SPDR Gold Shares Reduce -97.7% 0.06% −2.92
IEF iShares 7-10 Year Treasury B Sold out 0.00% −2.80
SPLV Invesco S&P 500 Low Volatili Sold out 0.00% −2.75
FTLS First Trust Long/Short Eqty Reduce -50.6% 1.10% −1.20
LMBS First Trust Low Duration Opp Reduce -25.8% 2.59% −1.19
XLC SS Comm Select Sector SPDR Reduce -65.1% 0.63% −1.06
XLE SS Energy Select Sector Reduce -73.3% 0.33% −0.91
PTLC Pacer Trendpilot US Large Ca Reduce -40.0% 1.17% −0.85
QEFA STSR SPD MSC Eaf Stgfs-US Inc. Reduce -10.9% 4.43% −0.72
FTSM First Trust Enh Short Mat FD Reduce -53.6% 0.48% −0.65
NEE Nextera Energy Inc. Reduce -47.2% 0.53% −0.45
JAAA Janus Henderson Aaa Clo ETF Reduce -9.6% 1.77% −0.36
JSI JH Securitized Income ETF Reduce -1.1% 3.50% −0.32
JMBS Janus Henderson Mortg Backed Reduce -1.5% 3.03% −0.31
SHW The Sherwin-Williams Co. Reduce -35.9% 0.43% −0.28
CHD Church & Dwight Co. Inc. Reduce -27.7% 0.45% −0.27
VNLA Janus Henderson Short Durati Reduce -3.5% 1.70% −0.22
V Visa Inc. Class A Reduce -6.2% 1.78% −0.19
LIN Linde PLC Reduce -4.2% 1.64% −0.17
XLF SS Financial Select Sector Reduce -9.6% 1.66% −0.15
GLDM SPDR Gold Minishares Trust Reduce -1.7% 1.03% −0.12
SPEM State Street SP PTF Em ETF Reduce -13.7% 0.62% −0.08
ELV Elevance Health Inc. Sold out 0.00% −0.06
EFA iShares MSCI Eafe ETF Reduce -2.7% 1.37% −0.05
VFLO Victoryshares Free Cash Flow Reduce -4.4% 2.30% −0.04
ICE Intercontinental Exchange Inc. Reduce -4.9% 1.65% −0.04
LLY Eli Lilly & Co. Reduce -0.5% 0.25% −0.04
FCN Fti Consulting Inc. Sold out 0.00% −0.03
IVV iShares Core S&P 500 ETF Reduce -47.1% 0.04% −0.03
IPKW Invesco International Buybac Reduce -6.2% 0.49% −0.02
USMF Wisdomtree US Multifactor Fu Reduce -2.9% 0.38% −0.02
MBB iShares MBS ETF Reduce -12.6% 0.06% −0.01
SO The Southern Co. Reduce -5.1% 0.09% −0.01
WMT Walmart Inc. Reduce -10.6% 0.05% −0.01
RING iShares MSCI Global Gold Min Reduce -4.4% 0.12% −0.01
DHR Danaher Corp. Reduce -0.6% 0.32% −0.01
ROMO Strategy Shares Newfound Reduce -0.1% 0.23% −0.01
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -9.7% 0.32% −0.01
DBJP Xtrackers MSCI Japan Hedged Reduce -0.1% 0.37% −0.01
LMT Lockheed Martin Corp. Reduce -13.1% 0.03% −0.01
JNJ Johnson & Johnson Reduce -8.9% 0.03% −0.01
COST Costco Wholesale Corp. Reduce -3.7% 0.04% −0.01
CRM Salesforce Inc. Reduce -0.6% 0.08% −0.00
IMTM iShares MSCI Intl Momentum F Reduce -1.1% 0.35% −0.00
MRK Merck & Co. Inc. Reduce -0.2% 0.06% −0.00
VWO Vanguard Ftse Emerging Marke Reduce -3.3% 0.26% −0.00
AMZN Amazon.com Inc. Reduce -16.7% 0.05% −0.00
SLYV SS SPDR S&P 600 SC Val ETF Reduce -5.9% 0.08% +0.00
IQDG Wisdomtree Intl QLTY DVD GRW Reduce -0.1% 0.17% +0.00
FCTE Smi 3FOURTEEN Full-CYCL TRND Reduce -0.1% 0.44% +0.00

Portfolio Buys Q1 2025 → Q2 2025
IJR iShares Core S&P Small-Cap E New 4.02% +4.02
QQQ Invesco QQQ Trust Series 1 New 3.70% +3.70
OEF iShares S&P 100 ETF Add +234.4% 3.44% +2.51
XLI SS Industrial Select Sector Add +140.2% 1.57% +0.98
XLU St Sr Utl SL SE SPDR ETF-Usd New 0.93% +0.93
JEMB JH Em Debt Hard Currency ETF Add +67.2% 1.23% +0.46
CCJ Cameco Corp. New 0.38% +0.38
INDA iShares MSCI India ETF Add +79.8% 0.75% +0.31
AGGH Simplify Aggregate Bond ETF Add +66.9% 0.80% +0.28
DYNF Ishrs US E F R A ETF-Usd Inc. Add +32.0% 0.82% +0.25
LGOV First TR Long Duration O-ETF Add +15.7% 3.50% +0.21
PPA Invesco Aerospace & Defense New 0.18% +0.18
GRNY Fundstr Gran SH US LRG Cap New 0.17% +0.17
IBIT iShares Bitcoin Trust ETF Add +9.5% 0.74% +0.17
MSGE Madison Square Garden Entert New 0.17% +0.17
MTUM iShares MSCI USA Momentum Fa New 0.16% +0.16
LFEQ Vaneck Long/Flat Trend ETF Add +26.3% 0.78% +0.16
TDW Tidewater Inc. New 0.16% +0.16
HEQT Simplify Hedged Equity ETF Add +42.4% 0.53% +0.15
AVDE Avantis International Equity Add +78.1% 0.34% +0.15
KOMP SS SPDR S&P Kensho Ne Comp New 0.14% +0.14
AIQ Global X Art Intel & Tech New 0.14% +0.14
SPY SS SPDR S&P 500 ETF Trust-US Add +37.4% 0.40% +0.13
QIS Simplify Multi-Qis Alt ETF Add +53.1% 0.39% +0.12
OMFL Invesco Russell 1000 DYN M/F Add +1.6% 2.75% +0.11
SPMD SS SPDR P S&P 400 Midcap ETF Add +42.0% 0.25% +0.08
VYM Vanguard High DVD Yield ETF Add +38.4% 0.24% +0.07
SPPP Sprott Physical Platinum And Add +13.4% 0.24% +0.07
FMB First Trust Managed Municipa New 0.06% +0.06
JPST JPMorgan Ultra-Short Income Add +15.0% 1.13% +0.06
ORCL Oracle Corp. New 0.05% +0.05
MSFT Microsoft Corp. Add +3.4% 0.21% +0.05
ENDW Cambria Endowment Style ETF New 0.04% +0.04
BA The Boeing Co. New 0.03% +0.03
STLD Steel Dynamics Inc. New 0.03% +0.03
GOOGL Alphabet Inc. Class A New 0.03% +0.03
CVX Chevron Corp. New 0.03% +0.03
FEZ State Street SPDR Euro Stoxx Add +0.5% 1.18% +0.02
TSLA Tesla Inc. Add +0.5% 0.08% +0.01
UIVM Victoryshares International Add +5.0% 0.17% +0.01
CAT Caterpillar Inc. Add +1.2% 0.04% +0.01
FIW First Trust Water ETF Add +0.6% 0.28% +0.01
BLDR Builders Firstsource Inc. Add +4.8% 0.09% +0.01
TPYP Tortoise North American Pipe Add +11.1% 0.38% +0.01
MINT PIMCO Enhanced Short Maturit Add +15.2% 0.15% +0.01
IBRX Immunitybio Inc. New 0.00% +0.00
FBT First Trust Nyse Arca Biotec Add +1.9% 0.13% −0.00
BSX Boston Scientific Corp. Add +0.1% 0.07% −0.00
MA Mastercard Inc. Class A Add +1.5% 0.04% −0.00
HD Home Depot Inc. Add +1.8% 0.08% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 134$837.4MSPYM, IJR, AVDE, OEF, JSI
Q1 2026 132$805.9MSPYM, IJR, AVDE, OEF, JSI
Q4 2025 135$768.7MSPYM, IJR, OEF, AVDE, JSI
Q3 2025 132$745.2MSPYM, IJR, QQQ, OEF, AVDE
Q2 2025 128$699.5MSPYM, QEFA, IJR, QQQ, JSI
Q1 2025 113$640.5MSPYM, QEFA, JSI, LMBS, JMBS
Q4 2024 116$654.2MSPYM, QEFA, OEF, JSI, IJR
Q3 2024 116$514.6MSPTM, QEFA, VNLA, JAAA, LMBS
Q2 2024 114$620.8MSPYM, QEFA, TUA, FTSM, JSI
Q1 2024 114$608.5MSPYM, QEFA, TUA, JSI, JMBS