Financial Enhancement Group LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Financial Enhancement Group LLC reported 135 stock positions worth $768.7 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 6.8% of the portfolio, followed by iShares Core S&P Small-Cap E (IJR, 4.2%) and iShares S&P 100 ETF (OEF, 3.5%). Compared with Q3 2025, it opened 11 new positions, sold out of 8, added to 59 and reduced 59. The biggest buy was a new position in Invesco Nasdaq 100 ETF (QQQM) and the biggest sale an exit from First Trust Low Duration Opp (LMBS).
- Most Recent 13F
- Q2 2026
- Location
- ANDERSON, IN
- CIK
- 0001641438
- Portfolio Value
- $768.7M (Q4 2025)
- SEC Filing
- 0001641438-26-000003 ↗ filed Jan 23, 2026
Holdings Value
Holdings 135 stocks · $768.7M
| SPYM Ste STR SPDR PT S&P 500 ETF | 6.76% | 643,969 | $51.9M | Reduce -2.9% |
| IJR iShares Core S&P Small-Cap E | 4.23% | 249,927 | $32.5M | Add +0.3% |
| OEF iShares S&P 100 ETF | 3.47% | 78,786 | $26.7M | Reduce -1.4% |
| AVDE Avantis International Equity | 3.45% | 309,823 | $26.5M | Reduce -0.2% |
| JSI JH Securitized Income ETF | 3.34% | 490,883 | $25.6M | Add +4.2% |
| OMFL Invesco Russell 1000 DYN M/F | 2.70% | 330,644 | $20.7M | Reduce -1.8% |
| JMBS Janus Henderson Mortg Backed | 2.50% | 419,204 | $19.2M | Add +0.6% |
| USMV iShares MSCI USA Min Vol Fac | 2.50% | 203,637 | $19.2M | Add +23.7% |
| QQQ Invesco QQQ Trust Series 1 | 2.48% | 30,911 | $19.0M | Reduce -34.0% |
| FTSM First Trust Enh Short Mat FD | 2.33% | 298,619 | $17.9M | Add +56.7% |
| VFLO Victoryshares Free Cash Flow | 2.32% | 448,637 | $17.8M | Reduce -0.7% |
| LGOV First TR Long Duration O-ETF | 2.19% | 773,034 | $16.8M | Reduce -27.7% |
| VNLA Janus Henderson Short Durati | 2.12% | 331,127 | $16.3M | Add +36.4% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 2.12% | 269,796 | $16.3M | Add +22.6% |
| SPMO Invesco S&P 500 Momentum ETF | 1.98% | 129,039 | $15.2M | Add +6.9% |
| AAPL Apple Inc. | 1.82% | 56,594 | $14.0M | Reduce -2.4% |
| QEFA STSR SPD MSC Eaf Stgfs-US Inc. | 1.81% | 149,620 | $13.9M | Add +1.3% |
| PALC Pacer Lunt LRG Cap Multi-Fac | 1.70% | 238,289 | $13.1M | Reduce -1.2% |
| AVGO Broadcom Inc. | 1.68% | 39,310 | $12.9M | Reduce -1.8% |
| JAAA Janus Henderson Aaa Clo ETF | 1.66% | 251,171 | $12.8M | Add +3.1% |
| V Visa Inc. Class A | 1.58% | 37,300 | $12.1M | Add +3.0% |
| LIN Linde PLC | 1.56% | 27,227 | $12.0M | Add +9.3% |
| ICE Intercontinental Exchange Inc. | 1.54% | 68,948 | $11.9M | Add +6.0% |
| FTGC First Trust Global Tactical | 1.54% | 479,148 | $11.8M | Add +37.0% |
| EFA iShares MSCI Eafe ETF | 1.37% | 106,493 | $10.5M | Reduce -1.1% |
| NVDA Nvidia Corp. | 1.33% | 55,767 | $10.2M | Add +0.2% |
| QQQM Invesco Nasdaq 100 ETF | 1.27% | 38,358 | $9.7M | New |
| FEZ State Street SPDR Euro Stoxx | 1.21% | 140,939 | $9.3M | Add +1.0% |
| TIP iShares Tips Bond ETF | 1.20% | 83,970 | $9.2M | New |
| IVOL Quadratic Int Rte Vol Infl H | 1.20% | 488,531 | $9.2M | Add +3.3% |
| JEMB JH Em Debt Hard Currency ETF | 1.17% | 166,442 | $9.0M | Add +1.4% |
| TUA Sim St Treas Fut Strat ETF filed as SIMPLIFY EXCHANGE TRADED FUN | 1.15% | 409,479 | $8.9M | New |
| JPST JPMorgan Ultra-Short Income | 1.14% | 173,424 | $8.8M | Add +6.2% |
| PTLC Pacer Trendpilot US Large Ca | 1.13% | 155,263 | $8.7M | Reduce -1.9% |
| ACWI iShares MSCI Acwi ETF | 1.13% | 60,086 | $8.7M | Reduce -2.1% |
| FTLS First Trust Long/Short Eqty | 1.07% | 116,542 | $8.2M | Reduce -0.5% |
| VOO Vanguard S&P 500 ETF | 1.06% | 12,876 | $8.1M | Reduce -0.7% |
| XLY SS Consumer Disc Select Sect | 0.93% | 58,826 | $7.1M | Add +3.7% |
| XLC SS Comm Select Sector SPDR | 0.92% | 61,577 | $7.1M | Reduce -38.2% |
| IVE iShares S&P 500 Value ETF | 0.89% | 31,734 | $6.9M | Reduce -1.6% |
| XLV SS Health Care Select Sector | 0.88% | 42,870 | $6.8M | New |
| KR Kroger Co. | 0.84% | 101,172 | $6.5M | Add +9.7% |
| AGGH Simplify Aggregate Bond ETF | 0.82% | 302,574 | $6.3M | Reduce -0.1% |
| LFEQ Vaneck Long/Flat Trend ETF | 0.80% | 113,686 | $6.2M | Reduce -1.2% |
| GLDM SPDR Gold Minishares Trust | 0.80% | 64,549 | $6.2M | Reduce -33.2% |
| QUAL iShares MSCI USA Quality Fac | 0.71% | 27,124 | $5.5M | Reduce -1.6% |
| CAT Caterpillar Inc. | 0.66% | 7,871 | $5.1M | Add +1.9% |
| SPEM State Street SP PTF Em ETF | 0.63% | 98,886 | $4.8M | Reduce -0.0% |
| LLY Eli Lilly & Co. | 0.58% | 4,132 | $4.5M | Add +81.9% |
| NEE Nextera Energy Inc. | 0.55% | 50,229 | $4.2M | Add +0.1% |
| IPKW Invesco International Buybac | 0.54% | 72,657 | $4.1M | Reduce -0.4% |
| HEQT Simplify Hedged Equity ETF | 0.54% | 128,133 | $4.1M | Reduce -1.4% |
| IBIT iShares Bitcoin Trust ETF | 0.53% | 78,972 | $4.0M | Add +3.2% |
| CCJ Cameco Corp. | 0.49% | 30,781 | $3.8M | Reduce -6.1% |
| RSP Invesco S&P 500 Equal Weight | 0.46% | 17,922 | $3.6M | Reduce -1.2% |
| DBJP Xtrackers MSCI Japan Hedged | 0.44% | 33,605 | $3.4M | Reduce -1.2% |
| GRNY Fundstr Gran SH US LRG Cap | 0.43% | 129,989 | $3.3M | Add +24.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.42% | 4,766 | $3.3M | Reduce -3.6% |
| MTUM iShares MSCI USA Momentum Fa | 0.42% | 12,633 | $3.2M | Add +27.8% |
| BX Blackstone Inc. | 0.40% | 19,838 | $3.1M | Add +6.8% |
| TPYP Tortoise North American Pipe | 0.39% | 82,409 | $3.0M | Add +2.5% |
| KOMP SS SPDR S&P Kensho Ne Comp | 0.38% | 45,058 | $3.0M | Add +25.1% |
| AIQ Global X Art Intel & Tech | 0.38% | 56,111 | $2.9M | Add +23.5% |
| DHR Danaher Corp. | 0.37% | 11,884 | $2.9M | Reduce -1.4% |
| USMF Wisdomtree US Multifactor Fu | 0.37% | 54,906 | $2.8M | Reduce -2.3% |
| TAX Cambria Tax Aware ETF | 0.34% | 89,509 | $2.6M | No change |
| IMTM iShares MSCI Intl Momentum F | 0.34% | 52,710 | $2.6M | Add +0.1% |
| URNM Sprott Uranium Miners ETF | 0.33% | 33,784 | $2.5M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.27% | 4,255 | $2.1M | Reduce -0.1% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.27% | 24,693 | $2.1M | Reduce -14.8% |
| OILK Pros K-1 Free CR Oil ETF-Usd | 0.26% | 51,511 | $2.0M | New |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.26% | 32,771 | $2.0M | Reduce -0.5% |
| XOM Exxon Mobil Corp. | 0.26% | 15,021 | $2.0M | Add +743.9% |
| VWO Vanguard Ftse Emerging Marke | 0.26% | 35,344 | $2.0M | Add +0.1% |
| FIW First Trust Water ETF | 0.25% | 16,898 | $1.9M | Reduce -9.5% |
| VYM Vanguard High DVD Yield ETF | 0.25% | 13,095 | $1.9M | Reduce -1.7% |
| PPA Invesco Aerospace & Defense | 0.23% | 9,895 | $1.8M | Add +8.8% |
| ROMO Strategy Shares Newfound | 0.22% | 52,444 | $1.7M | Add +0.6% |
| AFG American Financial Group Inc. | 0.21% | 12,443 | $1.6M | Reduce -1.7% |
| BAH Booz Allen Hamilton Holdings | 0.21% | 16,641 | $1.6M | New |
| OMDA Omada Health Inc. | 0.20% | 97,199 | $1.5M | Add +196.6% |
| UIVM Victoryshares International | 0.19% | 22,122 | $1.5M | Add +2.1% |
| SPYC Simplify US Eqty Plus Convex | 0.19% | 33,849 | $1.4M | Add +1.3% |
| IQDG Wisdomtree Intl QLTY DVD GRW | 0.18% | 33,056 | $1.4M | Add +3.2% |
| SCHW Schwab (charles) Corp. | 0.18% | 13,609 | $1.4M | New |
| MSFT Microsoft Corp. | 0.18% | 3,051 | $1.4M | Add +1.2% |
| FBT First Trust Nyse Arca Biotec | 0.17% | 5,789 | $1.3M | Reduce -0.5% |
| GEV GE Vernova Inc. | 0.14% | 1,622 | $1.1M | Reduce -4.9% |
| SHLS Shoals Technologies Group -A | 0.14% | 119,562 | $1.1M | Add +6.5% |
| INDA iShares MSCI India ETF | 0.14% | 20,973 | $1.1M | Add +0.3% |
| RPV Invesco S&P 500 Pure Value E | 0.14% | 10,005 | $1.1M | Reduce -3.5% |
| ORKA Oruka Therapeutics Inc. | 0.14% | 31,293 | $1.1M | Reduce -4.7% |
| TSLA Tesla Inc. | 0.14% | 2,465 | $1.1M | Add +22.0% |
| VIG Vanguard Dividend Apprec ETF | 0.12% | 4,105 | $919K | Add +1.5% |
| MINT PIMCO Enhanced Short Maturit | 0.12% | 8,998 | $905K | Reduce -17.5% |
| JPM JPMorgan Chase & Co. | 0.11% | 2,870 | $867K | Add +0.8% |
| RING iShares MSCI Global Gold Min | 0.11% | 9,774 | $843K | Reduce -27.1% |
| BKNG Booking Holdings Inc. | 0.11% | 161 | $831K | Add +1.9% |
| AFL Aflac Inc. | 0.09% | 6,640 | $721K | Add +0.2% |
| QLYS Qualys Inc. | 0.09% | 5,258 | $697K | Reduce -10.7% |
Portfolio Sells Q3 2025 → Q4 2025
| LMBS First Trust Low Duration Opp | Sold out | 0.00% | −2.07 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -34.0% | 2.48% | −1.37 |
| LGOV First TR Long Duration O-ETF | Reduce -27.7% | 2.19% | −0.95 |
| XLK SS Technology Select Sector | Reduce -93.6% | 0.06% | −0.91 |
| XLC SS Comm Select Sector SPDR | Reduce -38.2% | 0.92% | −0.63 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.62 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.60 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -2.9% | 6.76% | −0.29 |
| GLDM SPDR Gold Minishares Trust | Reduce -33.2% | 0.80% | −0.24 |
| AMR Alpha Metallurgical Resource | Sold out | 0.00% | −0.23 |
| RKLB Rocket Lab Corp. | Sold out | 0.00% | −0.22 |
| MP MP Materials Corp. | Sold out | 0.00% | −0.22 |
| AAPL Apple Inc. | Reduce -2.4% | 1.82% | −0.18 |
| AVGO Broadcom Inc. | Reduce -1.8% | 1.68% | −0.17 |
| TDW Tidewater Inc. | Sold out | 0.00% | −0.15 |
| OEF iShares S&P 100 ETF | Reduce -1.4% | 3.47% | −0.14 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.07 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -14.8% | 0.27% | −0.05 |
| PTLC Pacer Trendpilot US Large Ca | Reduce -1.9% | 1.13% | −0.05 |
| AFG American Financial Group Inc. | Reduce -1.7% | 0.21% | −0.04 |
| OMFL Invesco Russell 1000 DYN M/F | Reduce -1.8% | 2.70% | −0.03 |
| FIW First Trust Water ETF | Reduce -9.5% | 0.25% | −0.03 |
| MINT PIMCO Enhanced Short Maturit | Reduce -17.5% | 0.12% | −0.03 |
| ACWI iShares MSCI Acwi ETF | Reduce -2.1% | 1.13% | −0.03 |
| AGGH Simplify Aggregate Bond ETF | Reduce -0.1% | 0.82% | −0.03 |
| LFEQ Vaneck Long/Flat Trend ETF | Reduce -1.2% | 0.80% | −0.03 |
| USMF Wisdomtree US Multifactor Fu | Reduce -2.3% | 0.37% | −0.02 |
| FTLS First Trust Long/Short Eqty | Reduce -0.5% | 1.07% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.6% | 0.42% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -0.7% | 1.06% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 0.27% | −0.02 |
| CRM Salesforce Inc. | Reduce -13.6% | 0.06% | −0.02 |
| QUAL iShares MSCI USA Quality Fac | Reduce -1.6% | 0.71% | −0.01 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -21.8% | 0.07% | −0.01 |
| QLYS Qualys Inc. | Reduce -10.7% | 0.09% | −0.01 |
| RING iShares MSCI Global Gold Min | Reduce -27.1% | 0.11% | −0.01 |
| HEQT Simplify Hedged Equity ETF | Reduce -1.4% | 0.54% | −0.01 |
| SO The Southern Co. | Reduce -0.0% | 0.08% | −0.01 |
| CHD Church & Dwight Co. Inc. | Reduce -15.3% | 0.05% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -1.6% | 0.89% | −0.01 |
| AOM iShares Core 40/60 Moderate | Reduce -16.0% | 0.03% | −0.01 |
| JNJ Johnson & Johnson | Reduce -27.3% | 0.03% | −0.01 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -9.8% | 0.05% | −0.01 |
| MBB iShares MBS ETF | Reduce -8.5% | 0.05% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -1.7% | 0.04% | −0.01 |
| HD Home Depot Inc. | Reduce -1.5% | 0.07% | −0.00 |
| SPEM State Street SP PTF Em ETF | Reduce -0.0% | 0.63% | −0.00 |
| GEV GE Vernova Inc. | Reduce -4.9% | 0.14% | −0.00 |
| AMZN Amazon.com Inc. | Reduce -1.9% | 0.07% | −0.00 |
| RSP Invesco S&P 500 Equal Weight | Reduce -1.2% | 0.46% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| QQQM Invesco Nasdaq 100 ETF | New | 1.27% | +1.27 |
| TIP iShares Tips Bond ETF | New | 1.20% | +1.20 |
| TUA Sim St Treas Fut Strat ETF | New | 1.15% | +1.15 |
| XLV SS Health Care Select Sector | New | 0.88% | +0.88 |
| FTSM First Trust Enh Short Mat FD | Add +56.7% | 2.33% | +0.80 |
| VNLA Janus Henderson Short Durati | Add +36.4% | 2.12% | +0.52 |
| USMV iShares MSCI USA Min Vol Fac | Add +23.7% | 2.50% | +0.39 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +22.6% | 2.12% | +0.36 |
| URNM Sprott Uranium Miners ETF | New | 0.33% | +0.33 |
| LLY Eli Lilly & Co. | Add +81.9% | 0.58% | +0.32 |
| FTGC First Trust Global Tactical | Add +37.0% | 1.54% | +0.31 |
| OILK Pros K-1 Free CR Oil ETF-Usd | New | 0.26% | +0.26 |
| IJR iShares Core S&P Small-Cap E | Add +0.3% | 4.23% | +0.24 |
| XOM Exxon Mobil Corp. | Add +743.9% | 0.26% | +0.23 |
| BAH Booz Allen Hamilton Holdings | New | 0.21% | +0.21 |
| SCHW Schwab (charles) Corp. | New | 0.18% | +0.18 |
| ICE Intercontinental Exchange Inc. | Add +6.0% | 1.54% | +0.15 |
| CAT Caterpillar Inc. | Add +1.9% | 0.66% | +0.14 |
| OMDA Omada Health Inc. | Add +196.6% | 0.20% | +0.09 |
| MTUM iShares MSCI USA Momentum Fa | Add +27.8% | 0.42% | +0.08 |
| GRNY Fundstr Gran SH US LRG Cap | Add +24.0% | 0.43% | +0.07 |
| KOMP SS SPDR S&P Kensho Ne Comp | Add +25.1% | 0.38% | +0.07 |
| AIQ Global X Art Intel & Tech | Add +23.5% | 0.38% | +0.06 |
| QEFA STSR SPD MSC Eaf Stgfs-US Inc. | Add +1.3% | 1.81% | +0.05 |
| ARWR Arrowhead Pharmaceuticals Inc. | New | 0.05% | +0.05 |
| JSI JH Securitized Income ETF | Add +4.2% | 3.34% | +0.04 |
| JPST JPMorgan Ultra-Short Income | Add +6.2% | 1.14% | +0.04 |
| PPA Invesco Aerospace & Defense | Add +8.8% | 0.23% | +0.03 |
| FEZ State Street SPDR Euro Stoxx | Add +1.0% | 1.21% | +0.03 |
| LRCX Lam Research Corp. | New | 0.03% | +0.03 |
| FSMB First Trust Short Dur Manag | New | 0.03% | +0.03 |
| XLY SS Consumer Disc Select Sect | Add +3.7% | 0.93% | +0.03 |
| TSLA Tesla Inc. | Add +22.0% | 0.14% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +3.7% | 0.07% | +0.02 |
| UIVM Victoryshares International | Add +2.1% | 0.19% | +0.02 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Add +3.2% | 0.18% | +0.01 |
| SPMO Invesco S&P 500 Momentum ETF | Add +6.9% | 1.98% | +0.01 |
| SHLS Shoals Technologies Group -A | Add +6.5% | 0.14% | +0.01 |
| WMT Walmart Inc. | Add +1.3% | 0.06% | +0.01 |
| JAAA Janus Henderson Aaa Clo ETF | Add +3.1% | 1.66% | +0.00 |
| IMTM iShares MSCI Intl Momentum F | Add +0.1% | 0.34% | +0.00 |
| LMT Lockheed Martin Corp. | Add +0.7% | 0.03% | +0.00 |
| BA The Boeing Co. | Add +0.6% | 0.03% | +0.00 |
| CVX Chevron Corp. | Add +0.3% | 0.03% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +1.5% | 0.12% | +0.00 |
| IVV iShares Core S&P 500 ETF | Add +2.1% | 0.04% | +0.00 |
| BKNG Booking Holdings Inc. | Add +1.9% | 0.11% | −0.00 |
| AEP American Electric Power | Add +0.4% | 0.04% | −0.00 |
| BLDR Builders Firstsource Inc. | Add +4.0% | 0.09% | −0.00 |
| KR Kroger Co. | Add +9.7% | 0.84% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 134 | $837.4M | SPYM, IJR, AVDE, OEF, JSI |
| Q1 2026 | 132 | $805.9M | SPYM, IJR, AVDE, OEF, JSI |
| Q4 2025 | 135 | $768.7M | SPYM, IJR, OEF, AVDE, JSI |
| Q3 2025 | 132 | $745.2M | SPYM, IJR, QQQ, OEF, AVDE |
| Q2 2025 | 128 | $699.5M | SPYM, QEFA, IJR, QQQ, JSI |
| Q1 2025 | 113 | $640.5M | SPYM, QEFA, JSI, LMBS, JMBS |
| Q4 2024 | 116 | $654.2M | SPYM, QEFA, OEF, JSI, IJR |
| Q3 2024 | 116 | $514.6M | SPTM, QEFA, VNLA, JAAA, LMBS |
| Q2 2024 | 114 | $620.8M | SPYM, QEFA, TUA, FTSM, JSI |
| Q1 2024 | 114 | $608.5M | SPYM, QEFA, TUA, JSI, JMBS |