Financial Sense Advisors, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Financial Sense Advisors, Inc. reported 149 stock positions worth $486.3 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 7.5% of the portfolio, followed by iShares Floating Rate Bond E (FLOT, 7.4%) and iShares Bitcoin Trust ETF (IBIT, 7.1%). Compared with Q2 2025, it opened 36 new positions, sold out of 21, added to 46 and reduced 56. The biggest buy was iShares Floating Rate Bond E (FLOT, shares +773%) and the biggest sale Alphabet Class C (GOOG, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0001358828
- Portfolio Value
- $486.3M (Q3 2025)
- SEC Filing
- 0001358828-25-000005 ↗ filed Nov 14, 2025
Holdings Value
Holdings 149 stocks · $486.3M
| VOO Vanguard S&P 500 ETF | 7.49% | 59,438 | $36.4M | Reduce -4.8% |
| FLOT iShares Floating Rate Bond E | 7.43% | 707,462 | $36.1M | Add +772.5% |
| IBIT iShares Bitcoin Trust ETF | 7.10% | 531,055 | $34.5M | Reduce -16.5% |
| PAAS Pan American Silver Corp. | 5.56% | 697,605 | $27.0M | Reduce -19.4% |
| TSLA Tesla Inc. | 5.36% | 58,569 | $26.0M | Reduce -0.9% |
| BP BP PLC-Spons ADR | 4.07% | 574,665 | $19.8M | Add +289.5% |
| NEM Newmont Corp. | 3.45% | 199,086 | $16.8M | Reduce -20.3% |
| TEVA Teva Pharmaceutical-SP ADR | 3.34% | 803,104 | $16.2M | Add +19.3% |
| FCG First Trust Natural Gas ETF | 2.59% | 536,663 | $12.6M | Add +370.6% |
| SHYG iShares 0-5 YR HY Corp. Bond | 2.43% | 273,186 | $11.8M | Add +79.0% |
| BLOCK INC (XYZ 0 05/01/26) | 2.23% | 11,150,000 | $10.8M | Reduce -37.7% |
| REMX Vaneck Rar Earth ND STG-Usdi | 1.84% | 136,206 | $9.0M | New |
| HESM Hess Midstream LP Class A | 1.74% | 245,181 | $8.5M | Reduce -23.3% |
| FCX Freeport-McMoran Inc. | 1.67% | 206,975 | $8.1M | Add +46.0% |
| B Barrick Mining Corp. | 1.64% | 242,975 | $8.0M | Reduce -5.4% |
| PLTR Palantir Technologies Inc. Class A | 1.44% | 38,375 | $7.0M | No change |
| FSLR First Solar Inc. | 1.42% | 31,336 | $6.9M | Reduce -3.1% |
| WPM Wheaton Precious Metals Corp. | 1.29% | 56,280 | $6.3M | Reduce -30.0% |
| MO Altria Group Inc. | 1.25% | 91,776 | $6.1M | Reduce -1.2% |
| AEM Agnico Eagle Mines Ltd. | 1.21% | 34,991 | $5.9M | Reduce -10.4% |
| MSFT Microsoft Corp. | 1.08% | 10,135 | $5.2M | Reduce -0.1% |
| IAU iShares Gold Trust | 1.06% | 70,973 | $5.2M | Add +4.6% |
| XOM Exxon Mobil Corp. | 1.06% | 45,509 | $5.1M | Add +0.2% |
| SLV iShares Silver Trust | 1.04% | 119,318 | $5.1M | Reduce -16.8% |
| PSLV Sprott Physical Silver Trust | 1.03% | 319,006 | $5.0M | Reduce -23.5% |
| SHLD Global X Defense Tech ETF | 0.96% | 66,691 | $4.7M | Add +0.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.94% | 52,173 | $4.6M | New |
| NEE Nextera Energy Inc. | 0.92% | 59,210 | $4.5M | Add +0.7% |
| AMLP Alerian MLP ETF | 0.86% | 88,875 | $4.2M | Reduce -15.2% |
| TGT Target Corp. | 0.85% | 46,184 | $4.1M | Reduce -29.0% |
| MRK Merck & Co. Inc. | 0.83% | 47,977 | $4.0M | Add +1270.8% |
| IVZ Invesco Ltd. | 0.74% | 156,345 | $3.6M | New |
| NTR Nutrien Ltd. | 0.72% | 60,045 | $3.5M | Add +328.9% |
| XLE SS Energy Select Sector | 0.72% | 39,192 | $3.5M | Add +0.1% |
| AMGN Amgen Inc. | 0.67% | 11,528 | $3.3M | Add +6.7% |
| CVX Chevron Corp. | 0.66% | 20,662 | $3.2M | Add +1.5% |
| LNG Cheniere Energy Inc. | 0.64% | 13,261 | $3.1M | Add +0.9% |
| BWXT BWX Technologies Inc. | 0.60% | 15,703 | $2.9M | Add +15.3% |
| RTX RTX Corp. | 0.59% | 17,076 | $2.9M | Add +27.9% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.59% | 35,392 | $2.9M | Add +0.5% |
| WHR Whirlpool Corp. | 0.55% | 34,215 | $2.7M | Reduce -64.5% |
| XLK SS Technology Select Sector | 0.54% | 9,254 | $2.6M | Add +1.8% |
| PALL Abrdn Physical Palladium SHS | 0.52% | 22,250 | $2.5M | Add +178.1% |
| ARKQ ARK Autonomous Tech & Robot | 0.48% | 20,715 | $2.3M | Reduce -48.5% |
| AAPL Apple Inc. | 0.47% | 9,002 | $2.3M | Add +28.4% |
| KTOS Kratos Defense & Security | 0.46% | 24,390 | $2.2M | New |
| EUAD Select Stoxx Eur Aer DE ETF | 0.45% | 46,443 | $2.2M | Add +1.8% |
| NUKZ Range Nuclear Renaissance filed as EXCHANGE TRADED CONCEPTS TRU | 0.43% | 32,256 | $2.1M | New |
| IWF iShares Russell 1000 Growth | 0.42% | 4,361 | $2.0M | Add +1.2% |
| CEF Sprott Physical Gold and Sil | 0.38% | 50,167 | $1.8M | Reduce -21.7% |
| KWEB Kranesh Csi China Internet | 0.37% | 43,278 | $1.8M | Add +341.8% |
| COP Conocophillips | 0.35% | 18,251 | $1.7M | Reduce -0.9% |
| DAX Global X Dax Germany ETF | 0.35% | 38,387 | $1.7M | Add +0.4% |
| BITX 2X Bitcoin ETF | 0.34% | 29,700 | $1.6M | Reduce -3.9% |
| XLI SS Industrial Select Sector | 0.32% | 10,075 | $1.6M | Add +3.8% |
| MP MP Materials Corp. | 0.32% | 23,000 | $1.5M | New |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.31% | 13,681 | $1.5M | Reduce -2.7% |
| APUE Activepassive US Equity ETF | 0.31% | 36,768 | $1.5M | Add +0.6% |
| VALE Vale SA-SP ADR | 0.29% | 129,950 | $1.4M | New |
| DVN Devon Energy Corp. | 0.29% | 39,732 | $1.4M | New |
| NWL Newell Brands Inc. | 0.28% | 259,112 | $1.4M | Reduce -85.8% |
| INTC Intel Corp. | 0.27% | 39,645 | $1.3M | New |
| OIH Vaneck Oil Services ETF | 0.26% | 4,800 | $1.2M | New |
| LLY Eli Lilly & Co. | 0.25% | 1,594 | $1.2M | Reduce -2.9% |
| EQT Eqt Corp. | 0.24% | 21,759 | $1.2M | Add +1.6% |
| PFE Pfizer Inc. | 0.24% | 46,305 | $1.2M | Add +37.5% |
| NVDA Nvidia Corp. | 0.24% | 6,157 | $1.1M | Reduce -6.3% |
| ABBV Abbvie Inc. | 0.22% | 4,724 | $1.1M | Reduce -2.4% |
| BABA Alibaba Group Holding-SP ADR | 0.22% | 6,046 | $1.1M | Add +1.6% |
| PHYS Sprott Physical Gold Trust | 0.22% | 36,437 | $1.1M | No change |
| XOP SS SPDR S&P Og Exp & Prod | 0.22% | 8,000 | $1.1M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.21% | 1,731 | $1.0M | Reduce -0.3% |
| TER Teradyne Inc. | 0.21% | 7,471 | $1.0M | Reduce -6.1% |
| NSC Norfolk Southern Corp. | 0.21% | 3,420 | $1.0M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 3,382 | $954K | Add +0.5% |
| FBTC Fidelity Wise Origin Bitcoin | 0.20% | 9,540 | $952K | New |
| UNH Unitedhealth Group Inc. | 0.19% | 2,728 | $942K | New |
| AG First Majestic Silver Corp. | 0.19% | 74,782 | $919K | Reduce -19.6% |
| AVGO Broadcom Inc. | 0.19% | 2,755 | $909K | Reduce -26.6% |
| AVAV Aerovironment Inc. | 0.18% | 2,800 | $882K | Add +64.7% |
| BHP BHP Group Ltd.-Spon ADR | 0.18% | 15,776 | $880K | Add +199.0% |
| SJT San Juan Basin Royalty TR | 0.17% | 139,734 | $844K | New |
| BDYN iShares DYN Act ETF | 0.17% | 33,341 | $844K | New |
| RIO Rio Tinto PLC-Spon ADR | 0.17% | 12,500 | $825K | New |
| MDT Medtronic PLC | 0.17% | 8,632 | $822K | Reduce -3.7% |
| GLD SPDR Gold Shares | 0.17% | 2,285 | $812K | Reduce -0.2% |
| USMV iShares MSCI USA Min Vol Fac | 0.16% | 8,406 | $800K | Reduce -2.5% |
| USAR USA Rare Earth Inc. | 0.16% | 46,000 | $791K | New |
| T AT&T Inc. | 0.16% | 27,692 | $782K | Reduce -7.9% |
| BTG B2GOLD Corp. | 0.16% | 155,000 | $767K | New |
| SCHG Schwab US Large-Cap Growth | 0.16% | 23,999 | $766K | Add +8.6% |
| PPLT Abrdn Physical Platinum SHRS | 0.16% | 5,285 | $755K | New |
| MUB iShares National Muni Bond E | 0.15% | 6,727 | $716K | Reduce -0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.14% | 1,035 | $689K | Add +8.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.14% | 5,981 | $685K | Reduce -4.9% |
| QCOM Qualcomm Inc. | 0.14% | 4,108 | $683K | Add +0.4% |
| APIE Activepassive Intl Eqty ETF | 0.13% | 18,099 | $642K | Reduce -9.8% |
| CRM Salesforce Inc. | 0.13% | 2,689 | $637K | Reduce -6.2% |
| DELL Dell Technologies -C | 0.13% | 4,495 | $637K | Reduce -6.9% |
| SCCO Southern Copper Corp. | 0.13% | 5,250 | $637K | Add +1.0% |
Options reported separately and not counted above: SPY puts ($30.0M), DVN calls ($9.6M), VALE calls ($3.3M), NE calls ($1.4M), NWL calls ($472K), DSX calls ($84K).
Other holdings (3): bonds, preferreds, convertibles and warrants · $55.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 435,426 | $20.5M | New |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 272,953 | $18.5M | New |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 437,215 | $16.6M | Add +84.3% |
Total filed on the 13F, all lines: $541.9M.
Portfolio Sells Q2 2025 → Q3 2025
| GOOG Alphabet Inc. Class C | Reduce -98.8% | 0.05% | −3.79 |
| IBIT iShares Bitcoin Trust ETF | Reduce -16.5% | 7.10% | −2.51 |
| NWL Newell Brands Inc. | Reduce -85.8% | 0.28% | −2.14 |
| GDXJ Vaneck Junior Gold Miners | Sold out | 0.00% | −2.14 |
| BLOCK INC (XYZ 0 05/01/26) | Reduce -37.7% | 2.23% | −1.99 |
| WHR Whirlpool Corp. | Reduce -64.5% | 0.55% | −1.86 |
| HESM Hess Midstream LP Class A | Reduce -23.3% | 1.74% | −1.29 |
| VOO Vanguard S&P 500 ETF | Reduce -4.8% | 7.49% | −1.27 |
| TGT Target Corp. | Reduce -29.0% | 0.85% | −0.73 |
| PAAS Pan American Silver Corp. | Reduce -19.4% | 5.56% | −0.51 |
| WPM Wheaton Precious Metals Corp. | Reduce -30.0% | 1.29% | −0.49 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.48 |
| ARKQ ARK Autonomous Tech & Robot | Reduce -48.5% | 0.48% | −0.41 |
| AMLP Alerian MLP ETF | Reduce -15.2% | 0.86% | −0.41 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.39 |
| SIL Global X Silver Miners ETF | Sold out | 0.00% | −0.33 |
| TBF Proshares Short 20+ Treasury | Sold out | 0.00% | −0.28 |
| PSLV Sprott Physical Silver Trust | Reduce -23.5% | 1.03% | −0.23 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.20 |
| NGD New Gold Inc. | Sold out | 0.00% | −0.18 |
| MSFT Microsoft Corp. | Reduce -0.1% | 1.08% | −0.17 |
| NEM Newmont Corp. | Reduce -20.3% | 3.45% | −0.14 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.12 |
| SLV iShares Silver Trust | Reduce -16.8% | 1.04% | −0.12 |
| CDE Coeur Mining Inc. | Sold out | 0.00% | −0.11 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.11 |
| MO Altria Group Inc. | Reduce -1.2% | 1.25% | −0.10 |
| CEF Sprott Physical Gold and Sil | Reduce -21.7% | 0.38% | −0.10 |
| VST Vistra Corp. | Reduce -34.5% | 0.12% | −0.09 |
| SBSW Sibanye-Stillwater Ltd.-ADR | Sold out | 0.00% | −0.09 |
| BITX 2X Bitcoin ETF | Reduce -3.9% | 0.34% | −0.08 |
| PAA Plains All Amer Pipeline LP | Sold out | 0.00% | −0.07 |
| AVGO Broadcom Inc. | Reduce -26.6% | 0.19% | −0.07 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -2.7% | 0.31% | −0.07 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -2.9% | 0.25% | −0.07 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.06 |
| APMU Activepassive Interm Muni BD | Reduce -44.6% | 0.06% | −0.06 |
| CRM Salesforce Inc. | Reduce -6.2% | 0.13% | −0.06 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.06 |
| T AT&T Inc. | Reduce -7.9% | 0.16% | −0.05 |
| COP Conocophillips | Reduce -0.9% | 0.35% | −0.05 |
| DIS The Walt Disney Co. | Reduce -4.9% | 0.14% | −0.05 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −0.05 |
| UEC Uranium Energy Corp. | Sold out | 0.00% | −0.05 |
| FRO Frontline PLC | Sold out | 0.00% | −0.04 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.04 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.04 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -2.5% | 0.16% | −0.04 |
| APIE Activepassive Intl Eqty ETF | Reduce -9.8% | 0.13% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| FLOT iShares Floating Rate Bond E | Add +772.5% | 7.43% | +6.41 |
| BP BP PLC-Spons ADR | Add +289.5% | 4.07% | +2.98 |
| FCG First Trust Natural Gas ETF | Add +370.6% | 2.59% | +1.94 |
| REMX Vaneck Rar Earth ND STG-Usdi | New | 1.84% | +1.84 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.94% | +0.94 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +79.0% | 2.43% | +0.81 |
| MRK Merck & Co. Inc. | Add +1270.8% | 0.83% | +0.76 |
| IVZ Invesco Ltd. | New | 0.74% | +0.74 |
| TEVA Teva Pharmaceutical-SP ADR | Add +19.3% | 3.34% | +0.55 |
| NTR Nutrien Ltd. | Add +328.9% | 0.72% | +0.52 |
| KTOS Kratos Defense & Security | New | 0.46% | +0.46 |
| NUKZ Range Nuclear Renaissance | New | 0.43% | +0.43 |
| PALL Abrdn Physical Palladium SHS | Add +178.1% | 0.52% | +0.32 |
| MP MP Materials Corp. | New | 0.32% | +0.32 |
| KWEB Kranesh Csi China Internet | Add +341.8% | 0.37% | +0.29 |
| VALE Vale SA-SP ADR | New | 0.29% | +0.29 |
| DVN Devon Energy Corp. | New | 0.29% | +0.29 |
| INTC Intel Corp. | New | 0.27% | +0.27 |
| OIH Vaneck Oil Services ETF | New | 0.26% | +0.26 |
| XOP SS SPDR S&P Og Exp & Prod | New | 0.22% | +0.22 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.20% | +0.20 |
| UNH Unitedhealth Group Inc. | New | 0.19% | +0.19 |
| SJT San Juan Basin Royalty TR | New | 0.17% | +0.17 |
| BDYN iShares DYN Act ETF | New | 0.17% | +0.17 |
| RIO Rio Tinto PLC-Spon ADR | New | 0.17% | +0.17 |
| USAR USA Rare Earth Inc. | New | 0.16% | +0.16 |
| BTG B2GOLD Corp. | New | 0.16% | +0.16 |
| PPLT Abrdn Physical Platinum SHRS | New | 0.16% | +0.16 |
| FCX Freeport-McMoran Inc. | Add +46.0% | 1.67% | +0.15 |
| BKR Baker Hughes Co. | New | 0.12% | +0.12 |
| BHP BHP Group Ltd.-Spon ADR | Add +199.0% | 0.18% | +0.12 |
| AAPL Apple Inc. | Add +28.4% | 0.47% | +0.12 |
| TPL Texas Pacific Land Corp. | New | 0.11% | +0.11 |
| BWXT BWX Technologies Inc. | Add +15.3% | 0.60% | +0.11 |
| RTX RTX Corp. | Add +27.9% | 0.59% | +0.11 |
| BDVL iShares DV Equity Active ETF | New | 0.10% | +0.10 |
| ALM Almonty Industries Inc. | New | 0.10% | +0.10 |
| USFR Wisdomtree Floating Rate Tre | New | 0.09% | +0.09 |
| NE Noble Corp. PLC | New | 0.09% | +0.09 |
| CCJ Cameco Corp. | New | 0.08% | +0.08 |
| VLO Valero Energy Corp. | New | 0.07% | +0.07 |
| VSAT Viasat Inc. | New | 0.07% | +0.07 |
| AVAV Aerovironment Inc. | Add +64.7% | 0.18% | +0.06 |
| BABA Alibaba Group Holding-SP ADR | Add +1.6% | 0.22% | +0.06 |
| RIG Transocean Ltd. | New | 0.05% | +0.05 |
| NMG Nouveau Monde Graphite Inc. | New | 0.05% | +0.05 |
| TLH iShares 10-20 Year Treasury | New | 0.05% | +0.05 |
| GLDM SPDR Gold Minishares Trust | New | 0.05% | +0.05 |
| IWS iShares Russell Mid-Cap Valu | New | 0.04% | +0.04 |
| PPTA Perpetua Resources Corp. | New | 0.04% | +0.04 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 45,000 | $30.0M |
| DVN Devon Energy Corp. | call | New | 275,000 | $9.6M |
| SLV iShares Silver Trust | call | Sold out | 200,000 | $6.6Mbefore exit |
| VALE Vale SA-SP ADR | call | New | 300,000 | $3.3M |
| MSTR Strategy Inc. | call | Sold out | 5,000 | $2.0Mbefore exit |
| NE Noble Corp. PLC | call | New | 50,000 | $1.4M |
| ASML ASML Holding NV-NY Reg SHS | call | Sold out | 1,500 | $1.2Mbefore exit |
| IBIT iShares Bitcoin Trust ETF | call | Sold out | 15,000 | $918Kbefore exit |
| TGT Target Corp. | call | Sold out | 5,000 | $493Kbefore exit |
| NWL Newell Brands Inc. | call | Sold out | 90,000 | $486Kbefore exit |
| NWL Newell Brands Inc. | call | New | 90,000 | $472K |
| DSX Diana Shipping Inc. | call | New | 50,000 | $84K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | New | 435,426 | $20.5M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | New | 272,953 | $18.5M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Add +84.3% | 437,215 | $16.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 134 | $460.0M | VOO, EMB, FCX, NORTHERN OIL & GAS INC (NOG 3.625 04/15/29), TSLA |
| Q1 2026 | 139 | $431.3M | VOO, EMB, FCX, NORTHERN OIL & GAS INC (NOG 3.625 04/15/29), TSLA |
| Q4 2025 | 143 | $472.0M | VOO, FLOT, TSLA, IBIT, TEVA |
| Q3 2025 | 149 | $486.3M | VOO, FLOT, IBIT, PAAS, TSLA |
| Q2 2025 | 134 | $405.2M | IBIT, VOO, PAAS, TSLA, BLOCK INC (XYZ 0 05/01/26) |
| Q1 2025 | 112 | $349.8M | VOO, IBIT, PAAS, TSLA, BLOCK INC (XYZ 0 05/01/26) |
| Q4 2024 | 104 | $297.7M | VOO, IBIT, TSLA, BLOCK INC (XYZ 0 05/01/26), PAAS |
| Q3 2024 | 119 | $362.4M | VOO, EMB, IBIT, TSLA, B |
| Q2 2024 | 111 | $315.7M | VOO, IBIT, GOOG, B, PAAS |
| Q1 2024 | 108 | $281.3M | VOO, MSTR, B, GOOG, PAAS |