Financial Sense Advisors, Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), Financial Sense Advisors, Inc. reported 112 stock positions worth $349.8 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 11.3% of the portfolio, followed by iShares Bitcoin Trust ETF (IBIT, 8.9%) and Pan American Silver (PAAS, 7.0%). Compared with Q4 2024, it opened 22 new positions, sold out of 14, added to 54 and reduced 29. The biggest buy was a new position in Newell Brands (NWL) and the biggest sale Whirlpool (WHR, shares −18%).

Most Recent 13F
Q2 2026
Location
SAN DIEGO, CA
CIK
0001358828
Portfolio Value
$349.8M (Q1 2025)
SEC Filing
0001085146-25-002620 ↗ filed May 6, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $281.3M Q1 2024 Q2 2024: $315.7M Q2 2024 Q3 2024: $362.4M Q3 2024 Q4 2024: $297.7M Q4 2024 Q1 2025: $349.8M $349.8M Q1 2025 Q2 2025: $405.2M Q2 2025 Q3 2025: $486.3M Q3 2025 Q4 2025: $472.0M Q4 2025 Q1 2026: $431.3M Q1 2026 Q2 2026: $460.0M Q2 2026

Holdings 112 stocks · $349.8M
VOO Vanguard S&P 500 ETF 11.29% 76,818 $39.5M Add +5.6%
IBIT iShares Bitcoin Trust ETF 8.91% 665,772 $31.2M Add +6.1%
PAAS Pan American Silver Corp. 6.96% 943,173 $24.4M Add +30.4%
TSLA Tesla Inc. 5.08% 68,558 $17.8M Add +60.4%
BLOCK INC (XYZ 0 05/01/26) 4.97% 18,340,000 $17.4M Add +4.8%
HESM Hess Midstream LP Class A 4.26% 352,067 $14.9M Add +151.8%
GOOG Alphabet Inc. Class C 3.85% 86,273 $13.5M Add +32.6%
NEM Newmont Corp. 3.76% 272,700 $13.2M Add +136.6%
NWL Newell Brands Inc. 2.91% 1,643,001 $10.2M New
FLOT iShares Floating Rate Bond E 2.38% 162,935 $8.3M Add +96.6%
MO Altria Group Inc. 2.11% 123,182 $7.4M Add +34.4%
WHR Whirlpool Corp. 2.08% 80,705 $7.3M Reduce -18.2%
TEVA Teva Pharmaceutical-SP ADR 1.78% 405,421 $6.2M Add +63.5%
AEM Agnico Eagle Mines Ltd. 1.71% 55,226 $6.0M Add +3.8%
B Barrick Gold Corp. 1.63% 294,045 $5.7M Add +21.7%
WPM Wheaton Precious Metals Corp. 1.56% 70,241 $5.5M Add +12.0%
XOM Exxon Mobil Corp. 1.55% 45,490 $5.4M Add +1.5%
AMLP Alerian MLP ETF 1.44% 97,261 $5.1M Add +45.2%
PHYS Sprott Physical Gold Trust 1.34% 194,820 $4.7M Add +79.9%
NEE Nextera Energy Inc. 1.21% 59,567 $4.2M New
IAU iShares Gold Trust 1.16% 68,686 $4.0M Add +0.8%
FSLR First Solar Inc. 1.13% 31,394 $4.0M Add +8.3%
MSFT Microsoft Corp. 1.12% 10,452 $3.9M Reduce -0.1%
XLE SS Energy Select Sector 1.08% 40,431 $3.8M Reduce -1.4%
AMGN Amgen Inc. 0.98% 11,007 $3.4M Reduce -3.7%
CVX Chevron Corp. 0.90% 18,874 $3.2M Add +38.1%
PLTR Palantir Technologies Inc. Class A 0.90% 37,325 $3.2M Add +0.3%
COP Conocophillips 0.82% 27,462 $2.9M Reduce -36.6%
FCX Freeport-McMoran Inc. 0.82% 76,127 $2.9M Add +527.9%
FCG First Trust Natural Gas ETF 0.82% 115,066 $2.9M No change
SH Proshares Short S&P500 0.80% 62,894 $2.8M New
SPTM SS SPDR P S&P 1500 Comp ETF 0.70% 35,840 $2.4M Add +11.8%
LNG Cheniere Energy Inc. 0.68% 10,294 $2.4M Add +8.9%
CEF Sprott Physical Gold and Sil 0.68% 83,301 $2.4M Reduce -1.5%
PSLV Sprott Physical Silver Trust 0.64% 194,345 $2.3M Add +1060.8%
SHLD Global X Defense Tech ETF 0.64% 47,775 $2.2M New
SIL Global X Silver Miners ETF 0.60% 53,080 $2.1M New
GLD SPDR Gold Shares 0.56% 6,795 $2.0M Add +193.4%
APUE Activepassive US Equity ETF 0.54% 55,580 $1.9M Reduce -1.0%
XLK SS Technology Select Sector 0.52% 8,759 $1.8M Reduce -6.7%
SLV iShares Silver Trust 0.45% 51,169 $1.6M Reduce -12.1%
AAPL Apple Inc. 0.45% 7,101 $1.6M Add +0.1%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.43% 13,758 $1.5M Add +1.6%
IWF iShares Russell 1000 Growth 0.42% 4,051 $1.5M Add +7.2%
FEZ State Street SPDR Euro Stoxx 0.42% 26,869 $1.5M New
LLY Eli Lilly & Co. 0.40% 1,682 $1.4M No change
BWXT BWX Technologies Inc. 0.38% 13,600 $1.3M Add +3.1%
XLI SS Industrial Select Sector 0.38% 10,067 $1.3M Add +6.5%
NVDA Nvidia Corp. 0.34% 11,029 $1.2M New
QQQ Invesco QQQ Trust Series 1 0.31% 2,325 $1.1M Reduce -3.1%
ABBV Abbvie Inc. 0.30% 5,075 $1.1M Reduce -70.1%
IWO iShares Russell 2000 Growth 0.29% 4,024 $1.0M Add +13.2%
BITX 2X Bitcoin ETF 0.29% 28,650 $1.0M New
APIE Activepassive Intl Eqty ETF 0.29% 33,428 $1.0M Add +2.4%
APCB Activepassive Core Bond ETF 0.27% 32,418 $958K Add +2.2%
DVN Devon Energy Corp. 0.26% 24,249 $907K New
EQT Eqt Corp. 0.26% 16,824 $899K Add +53.8%
USMV iShares MSCI USA Min Vol Fac 0.24% 9,080 $850K Add +1.2%
T AT&T Inc. 0.24% 30,038 $849K Reduce -32.4%
EUAD Select Stoxx Eur Aer DE ETF 0.24% 25,300 $848K New
PFE Pfizer Inc. 0.24% 33,472 $848K Add +49.5%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.24% 2,911 $839K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.24% 3,353 $834K Reduce -85.8%
MDT Medtronic PLC 0.23% 9,039 $812K Add +4.1%
NSC Norfolk Southern Corp. 0.23% 3,420 $810K No change
SJT San Juan Basin Royalty TR 0.23% 144,943 $802K New
BABA Alibaba Group Holding-SP ADR 0.22% 5,949 $787K Reduce -29.3%
LUV Southwest Airlines Co. 0.22% 22,795 $765K Add +3.9%
MUB iShares National Muni Bond E 0.21% 6,951 $733K Reduce -2.9%
AVGO Broadcom Inc. 0.20% 4,242 $710K Add +41.4%
XES SS SPDR S&P Og Eqp & Serv 0.20% 9,848 $703K Add +0.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.20% 6,979 $689K Add +2.0%
NGD New Gold Inc. 0.19% 175,740 $652K New
QCOM Qualcomm Inc. 0.18% 4,070 $625K Add +0.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 987 $552K Reduce -12.7%
QUAL iShares MSCI USA Quality Fac 0.15% 3,152 $539K Reduce -15.5%
WBA Walgreens Boots Alliance Inc. 0.15% 45,500 $508K Reduce -67.1%
SCHG Schwab US Large-Cap Growth 0.14% 19,565 $490K Reduce -0.4%
SCCO Southern Copper Corp. 0.14% 5,148 $481K Add +0.7%
FBTC Fidelity Wise Origin Bitcoin 0.13% 6,500 $468K Reduce -13.3%
SPG Simon Property Group Inc. 0.12% 2,500 $415K No change
IWP iShares Russell Mid-Cap Grow 0.12% 3,458 $406K Add +62.0%
MBB iShares MBS ETF 0.11% 4,184 $392K Reduce -1.1%
DHR Danaher Corp. 0.11% 1,823 $374K No change
AGG iShares Core U.S. Aggregate 0.10% 3,701 $366K Reduce -8.9%
WMT Walmart Inc. 0.10% 4,053 $356K Reduce -6.4%
APMU Activepassive Interm Muni BD 0.10% 14,227 $351K Add +5.6%
KWEB Kranesh Csi China Internet 0.10% 9,973 $348K New
PAA Plains All Amer Pipeline LP 0.10% 16,793 $336K Add +4.8%
D Dominion Energy Inc. 0.10% 5,961 $334K New
IVV iShares Core S&P 500 ETF 0.09% 548 $308K Reduce -16.7%
XLF SS Financial Select Sector 0.09% 6,169 $307K Reduce -5.4%
COPX Global X Copper Miners ETF 0.08% 7,351 $287K Reduce -4.6%
LH Labcorp Holdings Inc. 0.08% 1,208 $281K New
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.07% 5,690 $262K Add +6.2%
PYPL PayPal Holdings Inc. 0.07% 3,952 $258K Add +8.4%
BHP BHP Group Ltd.-Spon ADR 0.07% 5,276 $256K No change
PAVE Global X US Infrastructure 0.07% 6,784 $256K Add +2.5%
NTR Nutrien Ltd. 0.07% 5,000 $248K New
PBT Permian Basin Royalty Trust 0.07% 25,000 $248K Add +25.0%

Show all 112 holdings

Options reported separately and not counted above: SPY puts ($6.8M), AG calls ($669K).

Portfolio Sells Q4 2024 → Q1 2025
WHR Whirlpool Corp. Reduce -18.2% 2.08% −1.71
XYZ Block Inc. Reduce -93.0% 0.06% −1.62
FLR Fluor Corp. Sold out 0.00% −1.58
IBM Intl Business Machines Corp. Reduce -85.8% 0.24% −1.50
ICVT iShares Convertible Bond ETF Sold out 0.00% −1.41
ABBV Abbvie Inc. Reduce -70.1% 0.30% −0.71
PPA Invesco Aerospace & Defense Sold out 0.00% −0.64
COP Conocophillips Reduce -36.6% 0.82% −0.62
MRK Merck & Co. Inc. Sold out 0.00% −0.46
PG The Procter & Gamble Co. Sold out 0.00% −0.38
PEGASYSTEMS INC (PEGA 0.75 03/01/25) Sold out 0.00% −0.37
MSFT Microsoft Corp. Reduce -0.1% 1.12% −0.36
WBA Walgreens Boots Alliance Inc. Reduce -67.1% 0.15% −0.29
DFS Discover Financial Services Sold out 0.00% −0.25
XLK SS Technology Select Sector Reduce -6.7% 0.52% −0.22
AMAT Applied Materials Inc. Sold out 0.00% −0.20
CEG Constellation Energy Sold out 0.00% −0.19
EW Edwards Lifesciences Corp. Sold out 0.00% −0.16
APUE Activepassive US Equity ETF Reduce -1.0% 0.54% −0.13
QQQ Invesco QQQ Trust Series 1 Reduce -3.1% 0.31% −0.10
XLE SS Energy Select Sector Reduce -1.4% 1.08% −0.10
T AT&T Inc. Reduce -32.4% 0.24% −0.10
VZ Verizon Communications Inc. Sold out 0.00% −0.08
IRM Iron Mountain Inc. Sold out 0.00% −0.08
FBTC Fidelity Wise Origin Bitcoin Reduce -13.3% 0.13% −0.07
QUAL iShares MSCI USA Quality Fac Reduce -15.5% 0.15% −0.07
SPY SS SPDR S&P 500 ETF Trust-US Reduce -12.7% 0.16% −0.06
SLV iShares Silver Trust Reduce -12.1% 0.45% −0.06
MUB iShares National Muni Bond E Reduce -2.9% 0.21% −0.05
SCHG Schwab US Large-Cap Growth Reduce -0.4% 0.14% −0.04
IVV iShares Core S&P 500 ETF Reduce -16.7% 0.09% −0.04
WMT Walmart Inc. Reduce -6.4% 0.10% −0.03
AGG iShares Core U.S. Aggregate Reduce -8.9% 0.10% −0.03
AMGN Amgen Inc. Reduce -3.7% 0.98% −0.02
MBB iShares MBS ETF Reduce -1.1% 0.11% −0.02
XLF SS Financial Select Sector Reduce -5.4% 0.09% −0.02
UAMY United States Antimony Corp. Sold out 0.00% −0.02
COPX Global X Copper Miners ETF Reduce -4.6% 0.08% −0.02
FISR SS Fi Sector Rotation Reduce -6.3% 0.07% −0.02
IEFA iShares Core MSCI Eafe ETF Reduce -10.8% 0.07% −0.01
BABA Alibaba Group Holding-SP ADR Reduce -29.3% 0.22% −0.01
GLDG Goldmining Inc. Sold out 0.00% −0.00
CEF Sprott Physical Gold and Sil Reduce -1.5% 0.68% +0.00

Portfolio Buys Q4 2024 → Q1 2025
NWL Newell Brands Inc. New 2.91% +2.91
HESM Hess Midstream LP Class A Add +151.8% 4.26% +2.52
NEM Newmont Corp. Add +136.6% 3.76% +2.32
PAAS Pan American Silver Corp. Add +30.4% 6.96% +2.05
NEE Nextera Energy Inc. New 1.21% +1.21
FLOT iShares Floating Rate Bond E Add +96.6% 2.38% +0.96
SH Proshares Short S&P500 New 0.80% +0.80
FCX Freeport-McMoran Inc. Add +527.9% 0.82% +0.67
SHLD Global X Defense Tech ETF New 0.64% +0.64
PHYS Sprott Physical Gold Trust Add +79.9% 1.34% +0.61
SIL Global X Silver Miners ETF New 0.60% +0.60
PSLV Sprott Physical Silver Trust Add +1060.8% 0.64% +0.59
MO Altria Group Inc. Add +34.4% 2.11% +0.50
FEZ State Street SPDR Euro Stoxx New 0.42% +0.42
B Barrick Gold Corp. Add +21.7% 1.63% +0.38
WPM Wheaton Precious Metals Corp. Add +12.0% 1.56% +0.37
GLD SPDR Gold Shares Add +193.4% 0.56% +0.37
AMLP Alerian MLP ETF Add +45.2% 1.44% +0.36
NVDA Nvidia Corp. New 0.34% +0.34
AEM Agnico Eagle Mines Ltd. Add +3.8% 1.71% +0.31
BITX 2X Bitcoin ETF New 0.29% +0.29
DVN Devon Energy Corp. New 0.26% +0.26
EUAD Select Stoxx Eur Aer DE ETF New 0.24% +0.24
MSTR Strategy Inc. New 0.24% +0.24
CVX Chevron Corp. Add +38.1% 0.90% +0.24
SJT San Juan Basin Royalty TR New 0.23% +0.23
NGD New Gold Inc. New 0.19% +0.19
KWEB Kranesh Csi China Internet New 0.10% +0.10
D Dominion Energy Inc. New 0.10% +0.10
EQT Eqt Corp. Add +53.8% 0.26% +0.09
LH Labcorp Holdings Inc. New 0.08% +0.08
NTR Nutrien Ltd. New 0.07% +0.07
USFR Wisdomtree Floating Rate Tre New 0.07% +0.07
AG First Majestic Silver Corp. New 0.06% +0.06
PROSHARES TR New 0.06% +0.06
PANW Palo Alto Networks Inc. New 0.06% +0.06
VXUS Vanguard Total Intl Stock New 0.06% +0.06
PFE Pfizer Inc. Add +49.5% 0.24% +0.04
GROY Gold Royalty Corp. Add +1022.0% 0.05% +0.04
IWP iShares Russell Mid-Cap Grow Add +62.0% 0.12% +0.03
IAU iShares Gold Trust Add +0.8% 1.16% +0.02
PAA Plains All Amer Pipeline LP Add +4.8% 0.10% +0.00
TRX TRX Gold Corp. Add +41.5% 0.02% +0.00
MDT Medtronic PLC Add +4.1% 0.23% −0.00
LNG Cheniere Energy Inc. Add +8.9% 0.68% −0.00
PBT Permian Basin Royalty Trust Add +25.0% 0.07% −0.00
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +6.2% 0.07% −0.01
DHS Wisdomtree US High Dividend Add +0.2% 0.06% −0.01
APMU Activepassive Interm Muni BD Add +5.6% 0.10% −0.01
PAVE Global X US Infrastructure Add +2.5% 0.07% −0.02

Options Activity Q4 2024 → Q1 2025
SPY SS SPDR S&P 500 ETF Trust-US put New 12,200 $6.8M
MSFT Microsoft Corp. put Sold out 7,600 $3.2Mbefore exit
COP Conocophillips call Sold out 10,000 $992Kbefore exit
GLD SPDR Gold Shares call Sold out 2,800 $678Kbefore exit
AG First Majestic Silver Corp. call New 100,000 $669K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 134$460.0MVOO, EMB, FCX, NORTHERN OIL & GAS INC (NOG 3.625 04/15/29), TSLA
Q1 2026 139$431.3MVOO, EMB, FCX, NORTHERN OIL & GAS INC (NOG 3.625 04/15/29), TSLA
Q4 2025 143$472.0MVOO, FLOT, TSLA, IBIT, TEVA
Q3 2025 149$486.3MVOO, FLOT, IBIT, PAAS, TSLA
Q2 2025 134$405.2MIBIT, VOO, PAAS, TSLA, BLOCK INC (XYZ 0 05/01/26)
Q1 2025 112$349.8MVOO, IBIT, PAAS, TSLA, BLOCK INC (XYZ 0 05/01/26)
Q4 2024 104$297.7MVOO, IBIT, TSLA, BLOCK INC (XYZ 0 05/01/26), PAAS
Q3 2024 119$362.4MVOO, EMB, IBIT, TSLA, B
Q2 2024 111$315.7MVOO, IBIT, GOOG, B, PAAS
Q1 2024 108$281.3MVOO, MSTR, B, GOOG, PAAS