Financial Sense Advisors, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Financial Sense Advisors, Inc. reported 139 stock positions worth $431.3 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 8.2% of the portfolio, followed by iShares JP Morgan Usd Emergi (EMB, 5.7%) and Freeport-McMoran (FCX, 4.9%). Compared with Q4 2025, it opened 28 new positions, sold out of 32, added to 52 and reduced 50. The biggest buy was a new position in iShares JP Morgan Usd Emergi (EMB) and the biggest sale iShares Bitcoin Trust ETF (IBIT, shares −82%).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0001358828
- Portfolio Value
- $431.3M (Q1 2026)
- SEC Filing
- 0001358828-26-000002 ↗ filed May 14, 2026
Holdings Value
Holdings 139 stocks · $431.3M
| VOO Vanguard S&P 500 ETF | 8.25% | 59,521 | $35.6M | Reduce -1.8% |
| EMB iShares JP Morgan Usd Emergi | 5.74% | 263,561 | $24.8M | New |
| FCX Freeport-McMoran Inc. | 4.88% | 357,824 | $21.0M | Reduce -16.3% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | 4.83% | 18,715,000 | $20.8M | New |
| TSLA Tesla Inc. | 4.63% | 53,731 | $20.0M | Reduce -13.3% |
| FLOT iShares Floating Rate Bond E | 4.58% | 387,259 | $19.7M | Reduce -37.3% |
| PAAS Pan American Silver Corp. | 3.24% | 255,848 | $14.0M | Reduce -39.2% |
| PSLV Sprott Physical Silver Trust | 2.80% | 494,493 | $12.1M | Add +320.9% |
| GEV GE Vernova Inc. | 2.78% | 13,724 | $12.0M | Add +312.8% |
| NTR Nutrien Ltd. | 2.52% | 144,201 | $10.9M | Add +13.7% |
| BLOCK INC (XYZ 0 05/01/26) | 1.95% | 8,443,000 | $8.4M | Reduce -24.5% |
| NEM Newmont Corp. | 1.93% | 76,853 | $8.3M | Reduce -37.4% |
| BP BP PLC-Spons ADR | 1.74% | 159,707 | $7.5M | Reduce -72.4% |
| WPM Wheaton Precious Metals Corp. | 1.71% | 56,159 | $7.4M | Reduce -0.3% |
| AEM Agnico Eagle Mines Ltd. | 1.70% | 36,035 | $7.3M | Add +0.8% |
| IAU iShares Gold Trust | 1.65% | 80,663 | $7.1M | Add +22.0% |
| AA Alcoa Corp. | 1.44% | 93,736 | $6.2M | Reduce -41.4% |
| MRK Merck & Co. Inc. | 1.39% | 49,854 | $6.0M | Reduce -19.3% |
| GLW Corning Inc. | 1.33% | 42,265 | $5.7M | New |
| AMLP Alerian MLP ETF | 1.31% | 107,732 | $5.7M | Add +52.4% |
| HESM Hess Midstream LP Class A | 1.31% | 145,267 | $5.6M | Add +80.9% |
| NKE Nike Inc. Class B | 1.31% | 106,865 | $5.6M | Add +13.3% |
| ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW | 1.28% | 343,291 | $5.5M | Add +134.1% |
| NEE Nextera Energy Inc. | 1.28% | 59,398 | $5.5M | Add +0.1% |
| PLTR Palantir Technologies Inc. Class A | 1.28% | 37,600 | $5.5M | Reduce -1.6% |
| CDE Coeur Mining Inc. | 1.20% | 274,846 | $5.2M | Add +339.4% |
| XOM Exxon Mobil Corp. | 1.18% | 30,070 | $5.1M | Reduce -32.9% |
| AWK American Water Works Co. Inc. | 1.15% | 36,597 | $5.0M | New |
| TEVA Teva Pharmaceutical-SP ADR | 1.15% | 165,236 | $5.0M | Reduce -78.0% |
| XLE SS Energy Select Sector | 1.11% | 78,000 | $4.8M | Add +1.0% |
| MSFT Microsoft Corp. | 1.04% | 12,154 | $4.5M | Add +21.2% |
| AMGN Amgen Inc. | 0.90% | 11,023 | $3.9M | Add +5.5% |
| IVZ Invesco Ltd. | 0.89% | 158,255 | $3.8M | Add +0.1% |
| FCG First Trust Natural Gas ETF | 0.86% | 116,625 | $3.7M | Reduce -76.0% |
| B Barrick Mining Corp. | 0.85% | 90,208 | $3.7M | Reduce -33.8% |
| IBIT iShares Bitcoin Trust ETF | 0.80% | 90,108 | $3.5M | Reduce -82.1% |
| QCOM Qualcomm Inc. | 0.78% | 26,057 | $3.4M | Add +32.7% |
| WHR Whirlpool Corp. | 0.75% | 60,035 | $3.2M | Add +48.7% |
| BWXT BWX Technologies Inc. | 0.75% | 15,804 | $3.2M | Add +2.0% |
| LNG Cheniere Energy Inc. | 0.72% | 10,991 | $3.1M | Add +0.2% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.57% | 31,038 | $2.5M | Reduce -16.0% |
| UUUU Energy Fuels Inc. | 0.56% | 131,382 | $2.4M | New |
| SHLD Global X Defense Tech ETF | 0.55% | 33,212 | $2.4M | Add +0.6% |
| AAPL Apple Inc. | 0.54% | 9,106 | $2.3M | Reduce -0.1% |
| DOW Dow Inc. filed as DOW HLDGS INC | 0.51% | 52,887 | $2.2M | Add +291.8% |
| COP Conocophillips | 0.49% | 15,939 | $2.1M | Add +0.7% |
| IWO iShares Russell 2000 Growth | 0.48% | 6,594 | $2.1M | Add +454.1% |
| PHYS Sprott Physical Gold Trust | 0.47% | 57,621 | $2.0M | Add +268.9% |
| DAX Global X Dax Germany ETF | 0.37% | 37,723 | $1.6M | Reduce -1.7% |
| XLI SS Industrial Select Sector | 0.37% | 9,783 | $1.6M | Reduce -2.7% |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.36% | 125,000 | $1.5M | New |
| APUE Activepassive US Equity ETF | 0.35% | 37,608 | $1.5M | Reduce -0.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.35% | 13,710 | $1.5M | Add +3.3% |
| LLY Eli Lilly & Co. | 0.34% | 1,612 | $1.5M | No change |
| NOG Northern Oil and Gas Inc. | 0.34% | 49,979 | $1.5M | New |
| UAMY United States Antimony Corp. | 0.33% | 163,602 | $1.4M | New |
| CVX Chevron Corp. | 0.33% | 6,898 | $1.4M | Reduce -67.9% |
| EQT Eqt Corp. | 0.31% | 21,143 | $1.3M | Add +0.2% |
| GD General Dynamics Corp. | 0.31% | 3,903 | $1.3M | New |
| WDAF Wisdomtree Asia Defense FD | 0.31% | 42,200 | $1.3M | New |
| SLV iShares Silver Trust | 0.31% | 19,353 | $1.3M | Reduce -6.4% |
| IEZ iShares U.S. Oil Equipment & | 0.30% | 44,727 | $1.3M | New |
| MO Altria Group Inc. | 0.30% | 19,542 | $1.3M | Reduce -78.5% |
| INTC Intel Corp. | 0.29% | 28,567 | $1.3M | Reduce -31.2% |
| TRX TRX Gold Corp. | 0.27% | 782,991 | $1.2M | Add +2273.3% |
| NVDA Nvidia Corp. | 0.27% | 6,725 | $1.2M | Add +2.9% |
| HON Honeywell International Inc. | 0.25% | 4,805 | $1.1M | Add +4.8% |
| IWF iShares Russell 1000 Growth | 0.24% | 2,440 | $1.0M | Reduce -45.2% |
| LIN Linde PLC | 0.24% | 2,075 | $1.0M | New |
| ALOY Realloys Inc. | 0.24% | 104,000 | $1.0M | New |
| PALL Abrdn Physical Palladium SHS | 0.23% | 7,500 | $1.0M | New |
| EUAD Select Stoxx Eur Aer DE ETF | 0.23% | 24,361 | $992K | Add +2.1% |
| NSC Norfolk Southern Corp. | 0.23% | 3,420 | $982K | No change |
| GLD SPDR Gold Shares | 0.23% | 2,265 | $975K | Reduce -0.7% |
| PPLT Abrdn Physical Platinum SHRS | 0.22% | 5,285 | $942K | New |
| SCCO Southern Copper Corp. | 0.21% | 5,338 | $918K | Reduce -29.2% |
| AVGO Broadcom Inc. | 0.20% | 2,811 | $870K | Add +2.0% |
| MOS The Mosaic Co. | 0.20% | 33,190 | $846K | New |
| D Dominion Energy Inc. | 0.19% | 13,598 | $841K | Add +0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 3,394 | $823K | Add +0.4% |
| T AT&T Inc. | 0.19% | 27,751 | $805K | Add +0.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.18% | 8,456 | $784K | Add +0.3% |
| MDT Medtronic PLC | 0.18% | 8,725 | $756K | Add +1.0% |
| UNH Unitedhealth Group Inc. | 0.17% | 2,696 | $730K | Add +2.5% |
| XLK SS Technology Select Sector | 0.17% | 5,480 | $728K | Reduce -72.8% |
| BDYN iShares DYN Act ETF | 0.15% | 27,307 | $664K | Reduce -10.8% |
| ABBV Abbvie Inc. | 0.15% | 3,008 | $654K | Reduce -0.0% |
| HL Hecla Mining Co. | 0.15% | 35,000 | $652K | Add +133.3% |
| APIE Activepassive Intl Eqty ETF | 0.15% | 18,271 | $644K | Reduce -2.8% |
| APCB Activepassive Core Bond ETF | 0.15% | 21,623 | $637K | Add +0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 970 | $631K | Reduce -6.4% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.14% | 8,635 | $620K | New |
| VSAT Viasat Inc. | 0.14% | 13,320 | $610K | Add +1.6% |
| IWP iShares Russell Mid-Cap Grow | 0.14% | 4,738 | $607K | Add +7.3% |
| LYB Lyondellbasell Indu Class A | 0.14% | 7,500 | $604K | New |
| AVAV Aerovironment Inc. | 0.14% | 3,300 | $604K | Add +17.9% |
| RSP Invesco S&P 500 Equal Weight | 0.14% | 3,115 | $598K | New |
| MUB iShares National Muni Bond E | 0.13% | 5,439 | $577K | Reduce -20.3% |
| CCJ Cameco Corp. | 0.13% | 5,237 | $569K | Reduce -64.4% |
| USAR USA Rare Earth Inc. | 0.13% | 36,475 | $552K | New |
Other holdings (3): bonds, preferreds, convertibles and warrants · $61.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 403,324 | $26.2M | Add +170.6% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 408,776 | $21.5M | Reduce -5.2% |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 213,866 | $13.8M | Reduce -23.0% |
Total filed on the 13F, all lines: $492.7M.
Portfolio Sells Q4 2025 → Q1 2026
| IBIT iShares Bitcoin Trust ETF | Reduce -82.1% | 0.80% | −4.48 |
| TEVA Teva Pharmaceutical-SP ADR | Reduce -78.0% | 1.15% | −3.82 |
| BP BP PLC-Spons ADR | Reduce -72.4% | 1.74% | −2.51 |
| SHYG iShares 0-5 YR HY Corp. Bond | Sold out | 0.00% | −2.48 |
| FLOT iShares Floating Rate Bond E | Reduce -37.3% | 4.58% | −2.08 |
| FCG First Trust Natural Gas ETF | Reduce -76.0% | 0.86% | −1.55 |
| PAAS Pan American Silver Corp. | Reduce -39.2% | 3.24% | −1.38 |
| TSLA Tesla Inc. | Reduce -13.3% | 4.63% | −1.27 |
| VALE Vale SA-SP ADR | Sold out | 0.00% | −1.10 |
| SIL Global X Silver Miners ETF | Sold out | 0.00% | −0.99 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.92 |
| MO Altria Group Inc. | Reduce -78.5% | 0.30% | −0.81 |
| NEM Newmont Corp. | Reduce -37.4% | 1.93% | −0.67 |
| RTX RTX Corp. | Sold out | 0.00% | −0.66 |
| TGT Target Corp. | Sold out | 0.00% | −0.65 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.54 |
| DVN Devon Energy Corp. | Reduce -86.7% | 0.12% | −0.48 |
| XLK SS Technology Select Sector | Reduce -72.8% | 0.17% | −0.45 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.43 |
| B Barrick Mining Corp. | Reduce -33.8% | 0.85% | −0.40 |
| BLOCK INC (XYZ 0 05/01/26) | Reduce -24.5% | 1.95% | −0.37 |
| CVX Chevron Corp. | Reduce -67.9% | 0.33% | −0.36 |
| AA Alcoa Corp. | Reduce -41.4% | 1.44% | −0.36 |
| SQM Quimica Y Minera Chil-SP ADR | Sold out | 0.00% | −0.29 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.21 |
| IWF iShares Russell 1000 Growth | Reduce -45.2% | 0.24% | −0.21 |
| RIG Transocean Ltd. | Reduce -94.8% | 0.02% | −0.17 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.17 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.6% | 1.28% | −0.16 |
| NUKZ Range Nuclear Renaissance | Sold out | 0.00% | −0.16 |
| CCJ Cameco Corp. | Reduce -64.4% | 0.13% | −0.15 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.13 |
| BKR Baker Hughes Co. | Sold out | 0.00% | −0.12 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.11 |
| VST Vistra Corp. | Sold out | 0.00% | −0.10 |
| USFR Wisdomtree Floating Rate Tre | Sold out | 0.00% | −0.10 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −0.10 |
| SLX Vaneck Steel ETF | Sold out | 0.00% | −0.09 |
| URA Global X Uranium ETF | Sold out | 0.00% | −0.09 |
| GSY Invesco Ultra Short Duration | Sold out | 0.00% | −0.09 |
| CEF Sprott Physical Gold and Sil | Reduce -47.4% | 0.12% | −0.08 |
| BHP BHP Group Ltd.-Spon ADR | Sold out | 0.00% | −0.08 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -16.0% | 0.57% | −0.08 |
| NBR Nabors Industries Ltd. | Sold out | 0.00% | −0.06 |
| TLH iShares 10-20 Year Treasury | Sold out | 0.00% | −0.05 |
| XYZ Block Inc. | Sold out | 0.00% | −0.05 |
| DRGN Themes China Gen AI ETF | Sold out | 0.00% | −0.05 |
| IEUR iShares Core MSCI Europe ETF | Sold out | 0.00% | −0.05 |
| SJT San Juan Basin Royalty TR | Sold out | 0.00% | −0.05 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −0.05 |
Portfolio Buys Q4 2025 → Q1 2026
| EMB iShares JP Morgan Usd Emergi | New | 5.74% | +5.74 |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | New | 4.83% | +4.83 |
| GEV GE Vernova Inc. | Add +312.8% | 2.78% | +2.32 |
| PSLV Sprott Physical Silver Trust | Add +320.9% | 2.80% | +2.21 |
| GLW Corning Inc. | New | 1.33% | +1.33 |
| AWK American Water Works Co. Inc. | New | 1.15% | +1.15 |
| CDE Coeur Mining Inc. | Add +339.4% | 1.20% | +0.96 |
| ORLA Orla Mining Ltd. | Add +134.1% | 1.28% | +0.87 |
| NTR Nutrien Ltd. | Add +13.7% | 2.52% | +0.86 |
| HESM Hess Midstream LP Class A | Add +80.9% | 1.31% | +0.72 |
| AMLP Alerian MLP ETF | Add +52.4% | 1.31% | +0.61 |
| UUUU Energy Fuels Inc. | New | 0.56% | +0.56 |
| IAU iShares Gold Trust | Add +22.0% | 1.65% | +0.51 |
| DOW Dow Inc. | Add +291.8% | 0.51% | +0.44 |
| AEM Agnico Eagle Mines Ltd. | Add +0.8% | 1.70% | +0.41 |
| IWO iShares Russell 2000 Growth | Add +454.1% | 0.48% | +0.40 |
| XLE SS Energy Select Sector | Add +1.0% | 1.11% | +0.38 |
| PHYS Sprott Physical Gold Trust | Add +268.9% | 0.47% | +0.36 |
| SBSW Sibanye-Stillwater Ltd.-ADR | New | 0.36% | +0.36 |
| NOG Northern Oil and Gas Inc. | New | 0.34% | +0.34 |
| UAMY United States Antimony Corp. | New | 0.33% | +0.33 |
| GD General Dynamics Corp. | New | 0.31% | +0.31 |
| WDAF Wisdomtree Asia Defense FD | New | 0.31% | +0.31 |
| IEZ iShares U.S. Oil Equipment & | New | 0.30% | +0.30 |
| LNG Cheniere Energy Inc. | Add +0.2% | 0.72% | +0.27 |
| NEE Nextera Energy Inc. | Add +0.1% | 1.28% | +0.27 |
| TRX TRX Gold Corp. | Add +2273.3% | 0.27% | +0.27 |
| LIN Linde PLC | New | 0.24% | +0.24 |
| ALOY Realloys Inc. | New | 0.24% | +0.24 |
| PALL Abrdn Physical Palladium SHS | New | 0.23% | +0.23 |
| PPLT Abrdn Physical Platinum SHRS | New | 0.22% | +0.22 |
| MOS The Mosaic Co. | New | 0.20% | +0.20 |
| BWXT BWX Technologies Inc. | Add +2.0% | 0.75% | +0.18 |
| AMGN Amgen Inc. | Add +5.5% | 0.90% | +0.17 |
| COP Conocophillips | Add +0.7% | 0.49% | +0.17 |
| EL Estee Lauder Companies Class A | New | 0.14% | +0.14 |
| LYB Lyondellbasell Indu Class A | New | 0.14% | +0.14 |
| RSP Invesco S&P 500 Equal Weight | New | 0.14% | +0.14 |
| WHR Whirlpool Corp. | Add +48.7% | 0.75% | +0.13 |
| USAR USA Rare Earth Inc. | New | 0.13% | +0.13 |
| SHLD Global X Defense Tech ETF | Add +0.6% | 0.55% | +0.09 |
| HL Hecla Mining Co. | Add +133.3% | 0.15% | +0.09 |
| IWD iShares Russell 1000 Value E | New | 0.09% | +0.09 |
| XAR SS SPDR S&P Aerospace Def | New | 0.08% | +0.08 |
| LULU Lululemon Athletica Inc. | New | 0.07% | +0.07 |
| EQT Eqt Corp. | Add +0.2% | 0.31% | +0.07 |
| QCOM Qualcomm Inc. | Add +32.7% | 0.78% | +0.07 |
| RKLB Rocket Lab Corp. | New | 0.07% | +0.07 |
| CRML Critical Metals Corp. | New | 0.06% | +0.06 |
| HON Honeywell International Inc. | Add +4.8% | 0.25% | +0.06 |
Options Activity Q4 2025 → Q1 2026
| SLB SLB Ltd. | call | Sold out | 200,000 | $7.7Mbefore exit |
| CDE Coeur Mining Inc. | call | Sold out | 180,000 | $3.2Mbefore exit |
| HL Hecla Mining Co. | call | Sold out | 25,000 | $480Kbefore exit |
| DSX Diana Shipping Inc. | call | Sold out | 100,000 | $168Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +170.6% | 403,324 | $26.2M |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | Reduce -5.2% | 408,776 | $21.5M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Sold out | 235,362 | $14.0Mbefore exit |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Reduce -23.0% | 213,866 | $13.8M |
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 |