FSA Advisors, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 8, 2025), FSA Advisors, Inc. reported 178 stock positions worth $126.1 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 6.9% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 3.2%) and Microsoft (MSFT, 2.6%). Compared with Q4 2024, it opened 51 new positions, sold out of 12, added to 90 and reduced 36. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +235%) and the biggest sale Innovator U.S. Equity Power (PSEP, shares −34%).
- Most Recent 13F
- Q2 2026
- Location
- TROY, MI
- CIK
- 0001905627
- Portfolio Value
- $126.1M (Q1 2025)
- SEC Filing
- 0001667731-25-000607 ↗ filed May 8, 2025
Holdings Value
Holdings 178 stocks · $126.1M
| VOO Vanguard S&P 500 ETF | 6.87% | 16,848 | $8.7M | Add +235.2% |
| VEA Vanguard Ftse Developed ETF | 3.19% | 79,116 | $4.0M | Add +323.4% |
| MSFT Microsoft Corp. | 2.59% | 8,686 | $3.3M | Add +124.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.64% | 4,406 | $2.1M | Add +70.6% |
| AAPL Apple Inc. | 1.62% | 9,169 | $2.0M | Add +19.2% |
| PJAN Innovator U.S. Equity Power | 1.56% | 47,469 | $2.0M | Add +21.4% |
| NVDA Nvidia Corp. | 1.48% | 17,221 | $1.9M | Add +31.4% |
| BJAN Innovator U.S. Equity Buffer | 1.47% | 39,707 | $1.9M | Add +18.3% |
| CTA Simplify Managed Futures St | 1.45% | 61,596 | $1.8M | Add +110.2% |
| BJUL Innovator U.S. Equity Buffer | 1.41% | 41,051 | $1.8M | Add +2.6% |
| PFEB Innovator U.S. Equity Power | 1.31% | 46,198 | $1.7M | Add +38.7% |
| JANW Alianzim US Eq BFR20 Jan-Usd | 1.30% | 49,413 | $1.6M | Add +31.7% |
| DTE DTE Energy Company | 1.27% | 11,594 | $1.6M | Add +157.5% |
| VTI VG Morningstar TS MKT ETF-US | 1.27% | 5,812 | $1.6M | Add +206.2% |
| BOCT Innovator U.S. Equity Buffer | 1.23% | 36,796 | $1.5M | Add +2.7% |
| GDEC FT Vest US Equity Moderate B | 1.17% | 44,412 | $1.5M | Add +32.1% |
| DECW Alianzim US Eq BFR20 Dec-Usd | 1.16% | 48,785 | $1.5M | Add +22.7% |
| BFEB Innovator U.S. Equity Buffer | 1.16% | 35,058 | $1.5M | Add +31.4% |
| VWO Vanguard Ftse Emerging Marke | 1.14% | 31,877 | $1.4M | Add +397.9% |
| BUCK Simplify Treasury Option Inc. | 1.14% | 58,301 | $1.4M | Add +92.7% |
| BSEP Innovator U.S. Equity Buffer | 1.11% | 33,370 | $1.4M | Reduce -2.3% |
| SVOL Simplify Volatility Premium | 1.08% | 74,813 | $1.4M | Add +141.4% |
| BNDX Vanguard Total Intl Bond ETF | 1.05% | 27,135 | $1.3M | Add +313.4% |
| DGRW Wisdomtree U.S. Quality Divi | 1.04% | 16,470 | $1.3M | Reduce -2.7% |
| SCHG Schwab US Large-Cap Growth | 1.01% | 50,942 | $1.3M | Add +8.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.97% | 2,182 | $1.2M | Add +95.9% |
| PAUG Innovator U.S. Equity Power | 0.96% | 31,999 | $1.2M | Reduce -0.3% |
| MIY BlackRock Muniyield Mi QLTY | 0.92% | 100,659 | $1.2M | New |
| BAUG Innovator U.S. Equity Buffer | 0.91% | 27,039 | $1.1M | Reduce -0.1% |
| PDEC Innovator U.S. Equity Power | 0.91% | 30,433 | $1.1M | Add +60.9% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.90% | 38,368 | $1.1M | Add +0.9% |
| NFLX Netflix Inc. | 0.89% | 1,197 | $1.1M | Add +6.5% |
| BDEC Innovator U.S. Equity Buffer | 0.87% | 26,346 | $1.1M | Add +103.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.86% | 16,577 | $1.1M | Add +100.6% |
| BSV Vanguard Short-Term Bond ETF | 0.84% | 13,448 | $1.1M | New |
| PJUL Innovator U.S. Equity Power | 0.83% | 26,051 | $1.0M | Add +1.2% |
| KJAN Innovator U.S. Small Cap Pow | 0.83% | 29,250 | $1.0M | Reduce -2.2% |
| PSEP Innovator U.S. Equity Power | 0.81% | 26,662 | $1.0M | Reduce -34.4% |
| SPYI Neos S&P 500 High Income ETF | 0.79% | 20,841 | $998K | Add +316.0% |
| PAPR Innovator U.S. Equity Power | 0.77% | 24,890 | $971K | Reduce -3.8% |
| POCT Innovator U.S. Equity Power | 0.73% | 23,842 | $926K | Add +8.2% |
| PMAR Innovator U.S. Equity Power | 0.71% | 22,275 | $890K | Add +35.3% |
| HIGH Simplify Enhanced Income ETF | 0.70% | 40,379 | $886K | Add +77.6% |
| JANT Allianzim US Eq BFFR10 JN-US | 0.69% | 24,698 | $868K | Add +37.8% |
| OCTT All US Equ BUF10 Oct ETF-Usd | 0.69% | 23,207 | $864K | Add +38.2% |
| BUFD FT VST Lad Deep Buf ETF-Usdi | 0.67% | 33,928 | $843K | Add +32.6% |
| CSHI Neos Enhanced Income 1-3 Mon | 0.65% | 15,824 | $825K | New |
| SIXD Allian US Equ 6 Mon BU10-Usd | 0.65% | 31,412 | $824K | Add +36.7% |
| BMAR Innovator U.S. Equity Buffer | 0.64% | 17,768 | $809K | Add +42.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.63% | 4,574 | $790K | Add +56.5% |
| VMBS Vanguard Mortgage-Backed Sec | 0.60% | 16,302 | $755K | Add +222.0% |
| NJAN Innovator Growth 100 Power B | 0.60% | 16,205 | $751K | Add +43.0% |
| AMZN Amazon.com Inc. | 0.60% | 3,948 | $751K | Add +12.5% |
| VXF Vanguard Extended Market ETF | 0.58% | 4,267 | $735K | New |
| NAPR Innovator Growth 100 Power B | 0.58% | 13,689 | $734K | Reduce -1.8% |
| OCTW Alianzim US Eq BFR20 Oct-Usd | 0.58% | 20,773 | $730K | Add +25.9% |
| JPM JPMorgan Chase & Co. | 0.58% | 2,972 | $729K | Add +143.0% |
| IQDG Wisdomtree Intl QLTY DVD GRW | 0.57% | 20,067 | $716K | Reduce -32.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.56% | 2,816 | $709K | Add +2.3% |
| BAPR Innovator U.S. Equity Buffer | 0.56% | 14,602 | $708K | Reduce -4.1% |
| VXUS Vanguard Total Intl Stock | 0.55% | 11,178 | $694K | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.53% | 1,813 | $672K | Add +86.3% |
| MAR Marriott International Class A | 0.53% | 2,811 | $670K | Add +1.9% |
| DECT Allianzim US Eq BFFR10 DC-US | 0.52% | 21,245 | $659K | Add +38.2% |
| NJUL Innovator Growth 100 Power B | 0.52% | 10,846 | $651K | Reduce -0.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.50% | 12,719 | $631K | Add +9.8% |
| BND Vanguard Total Bond Market | 0.50% | 8,588 | $631K | Add +68.5% |
| DLN Wisdomtree US Largecap Divid | 0.50% | 7,934 | $630K | Reduce -30.4% |
| PNOV Innovator U.S. Equity Power | 0.50% | 16,798 | $625K | Add +56.0% |
| DFAC Dimensional US Core Equity 2 | 0.48% | 18,226 | $601K | Add +11.0% |
| SCHD Schwab US DVD Equity ETF | 0.46% | 20,947 | $586K | Add +171.8% |
| META Meta Platforms Inc. Class A | 0.46% | 1,010 | $582K | Add +93.5% |
| T AT&T Inc. | 0.45% | 20,112 | $569K | Add +41.1% |
| BNOV Innovator U.S. Equity Buffer | 0.45% | 14,716 | $562K | Add +82.6% |
| TJUL Innovator Equity Defined Pro | 0.44% | 19,872 | $558K | Reduce -17.2% |
| QBER Trueshares Quartly B HDG ETF | 0.44% | 22,401 | $555K | Add +21.5% |
| DTM DT Midstream Inc. | 0.44% | 5,736 | $553K | Add +148.3% |
| KAPR Innovator U.S. Small Cap Pow | 0.44% | 17,811 | $549K | Reduce -0.9% |
| ARCC Ares Capital Corp. | 0.43% | 24,369 | $540K | New |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.43% | 14,761 | $537K | Add +113.4% |
| ZDEK Inno Equ Def Pro ETF - 1 DE | 0.42% | 22,593 | $535K | New |
| VCR Vanguard Consumer Discre ETF | 0.42% | 1,628 | $530K | Add +41.1% |
| CAT Caterpillar Inc. | 0.42% | 1,590 | $524K | Add +24.9% |
| BIV Vanguard Intermediate-Term B | 0.40% | 6,647 | $509K | New |
| BLV Vanguard Long-Term Bond ETF | 0.40% | 7,207 | $507K | New |
| F Ford Motor Co. filed as FORD MTR CO | 0.37% | 46,793 | $469K | Add +117.3% |
| MUB iShares National Muni Bond E | 0.36% | 4,307 | $454K | Reduce -8.7% |
| LLY Eli Lilly & Co. | 0.36% | 547 | $452K | Add +12.8% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 0.36% | 14,532 | $449K | Reduce -38.7% |
| FDVV Fidelity High Dividend ETF | 0.35% | 8,780 | $435K | Reduce -6.4% |
| XOM Exxon Mobil Corp. | 0.34% | 3,651 | $434K | Add +76.4% |
| QQQI Neos Nasdaq-100 High Inc. ETF | 0.34% | 8,935 | $424K | New |
| IWY iShares Russell Top 200 Grow | 0.34% | 2,004 | $423K | Reduce -5.6% |
| ZSEP Innovator Edp ETF - 1 YR Sep | 0.34% | 16,949 | $422K | Add +75.8% |
| XEVGX Eaton Vance Short Dur Div Inc. | 0.33% | 37,905 | $416K | New |
| PMAY Innovator U.S. Equity Power | 0.33% | 11,521 | $412K | Add +1.4% |
| VRT Vertiv Holdings Co. Class A | 0.33% | 5,711 | $412K | Add +175.4% |
| PJUN Innovator U.S. Equity Power | 0.33% | 11,143 | $410K | Reduce -3.5% |
| RFIX Simplify Bond Bull ETF | 0.32% | 7,626 | $408K | New |
| GOOGL Alphabet Inc. Class A | 0.32% | 2,631 | $407K | Add +23.2% |
Portfolio Sells Q4 2024 → Q1 2025
| PSEP Innovator U.S. Equity Power | Reduce -34.4% | 0.81% | −1.11 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Reduce -32.6% | 0.57% | −0.68 |
| BSEP Innovator U.S. Equity Buffer | Reduce -2.3% | 1.11% | −0.65 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -2.7% | 1.04% | −0.63 |
| DLN Wisdomtree US Largecap Divid | Reduce -30.4% | 0.50% | −0.59 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Reduce -38.7% | 0.36% | −0.53 |
| PAUG Innovator U.S. Equity Power | Reduce -0.3% | 0.96% | −0.53 |
| KJAN Innovator U.S. Small Cap Pow | Reduce -2.2% | 0.83% | −0.53 |
| BAUG Innovator U.S. Equity Buffer | Reduce -0.1% | 0.91% | −0.51 |
| EES Wisdomtree US Smallcap Fund | Sold out | 0.00% | −0.43 |
| DLS Wisdomtree Intl S/C DVD Fund | Sold out | 0.00% | −0.41 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.40 |
| PAPR Innovator U.S. Equity Power | Reduce -3.8% | 0.77% | −0.37 |
| TJUL Innovator Equity Defined Pro | Reduce -17.2% | 0.44% | −0.36 |
| DON Wisdomtree US Midcap Dividen | Reduce -39.9% | 0.20% | −0.32 |
| SMAX iShares L Cap MB Sep ETF | Reduce -33.1% | 0.24% | −0.32 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.31 |
| NJUL Innovator Growth 100 Power B | Reduce -0.7% | 0.52% | −0.30 |
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −0.28 |
| KAPR Innovator U.S. Small Cap Pow | Reduce -0.9% | 0.44% | −0.28 |
| IWY iShares Russell Top 200 Grow | Reduce -5.6% | 0.34% | −0.28 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.27 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.26 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.26 |
| AVGO Broadcom Inc. | Reduce -14.8% | 0.17% | −0.26 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.26 |
| MUB iShares National Muni Bond E | Reduce -8.7% | 0.36% | −0.25 |
| SUB iShares Short-Term National | Sold out | 0.00% | −0.25 |
| BMAY Innovator U.S. Equity Buffer | Sold out | 0.00% | −0.25 |
| NAPR Innovator Growth 100 Power B | Reduce -1.8% | 0.58% | −0.25 |
| BAPR Innovator U.S. Equity Buffer | Reduce -4.1% | 0.56% | −0.25 |
| VTWO Vanguard Russell 2000 ETF | Sold out | 0.00% | −0.25 |
| BILZ PIMCO Ultra SHRT Govt Active | Reduce -23.3% | 0.24% | −0.24 |
| FDVV Fidelity High Dividend ETF | Reduce -6.4% | 0.35% | −0.24 |
| PJUN Innovator U.S. Equity Power | Reduce -3.5% | 0.33% | −0.20 |
| KJUL Innovator U.S. Small Cap Pow | Reduce -1.6% | 0.27% | −0.17 |
| JNJ Johnson & Johnson | Reduce -34.2% | 0.16% | −0.17 |
| VGSH Vanguard Short-Term Treasury | Reduce -2.5% | 0.28% | −0.16 |
| BJUN Innovator U.S. Equity Buffer | Reduce -1.0% | 0.26% | −0.15 |
| NEE Nextera Energy Inc. | Reduce -5.3% | 0.22% | −0.14 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.6% | 0.21% | −0.13 |
| SCHV Schwab US Large-Cap Value | Reduce -0.2% | 0.25% | −0.13 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -7.8% | 0.21% | −0.13 |
| IWX iShares Russell Top 200 Valu | Reduce -2.8% | 0.24% | −0.13 |
| VYM Vanguard High DVD Yield ETF | Reduce -1.1% | 0.19% | −0.10 |
| SPHY SS SPDR P High Yield ETF | Reduce -4.6% | 0.16% | −0.10 |
| MCD McDonald's Corp. | Reduce -4.3% | 0.17% | −0.08 |
| ROIV Roivant Sciences Ltd. | Reduce -4.7% | 0.08% | −0.07 |
Portfolio Buys Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | Add +235.2% | 6.87% | +3.60 |
| VEA Vanguard Ftse Developed ETF | Add +323.4% | 3.19% | +2.10 |
| MIY BlackRock Muniyield Mi QLTY | New | 0.92% | +0.92 |
| BSV Vanguard Short-Term Bond ETF | New | 0.84% | +0.84 |
| VWO Vanguard Ftse Emerging Marke | Add +397.9% | 1.14% | +0.80 |
| BNDX Vanguard Total Intl Bond ETF | Add +313.4% | 1.05% | +0.66 |
| CSHI Neos Enhanced Income 1-3 Mon | New | 0.65% | +0.65 |
| DTE DTE Energy Company | Add +157.5% | 1.27% | +0.60 |
| VTI VG Morningstar TS MKT ETF-US | Add +206.2% | 1.27% | +0.60 |
| MSFT Microsoft Corp. | Add +124.4% | 2.59% | +0.59 |
| VXF Vanguard Extended Market ETF | New | 0.58% | +0.58 |
| VXUS Vanguard Total Intl Stock | New | 0.55% | +0.55 |
| SPYI Neos S&P 500 High Income ETF | Add +316.0% | 0.79% | +0.48 |
| CTA Simplify Managed Futures St | Add +110.2% | 1.45% | +0.45 |
| ARCC Ares Capital Corp. | New | 0.43% | +0.43 |
| ZDEK Inno Equ Def Pro ETF - 1 DE | New | 0.42% | +0.42 |
| BIV Vanguard Intermediate-Term B | New | 0.40% | +0.40 |
| BLV Vanguard Long-Term Bond ETF | New | 0.40% | +0.40 |
| QQQI Neos Nasdaq-100 High Inc. ETF | New | 0.34% | +0.34 |
| XEVGX Eaton Vance Short Dur Div Inc. | New | 0.33% | +0.33 |
| RFIX Simplify Bond Bull ETF | New | 0.32% | +0.32 |
| VPU Vanguard Utilities ETF | New | 0.32% | +0.32 |
| VMBS Vanguard Mortgage-Backed Sec | Add +222.0% | 0.60% | +0.32 |
| ORCL Oracle Corp. | New | 0.31% | +0.31 |
| KMI Kinder Morgan Inc. | New | 0.31% | +0.31 |
| VGT Vanguard Info Tech ETF | New | 0.31% | +0.31 |
| SVOL Simplify Volatility Premium | Add +141.4% | 1.08% | +0.29 |
| IJR iShares Core S&P Small-Cap E | New | 0.27% | +0.27 |
| NDEC In Gro-100 PWR Buf ETF - Dec | New | 0.27% | +0.27 |
| VST Vistra Corp. | New | 0.26% | +0.26 |
| KDEC Inn US SML Cap P B ETF - Dec | New | 0.25% | +0.25 |
| VZ Verizon Communications Inc. | New | 0.25% | +0.25 |
| SO The Southern Co. | New | 0.24% | +0.24 |
| SPSB SS SPDR P St C Corp. ETF | New | 0.23% | +0.23 |
| BUCK Simplify Treasury Option Inc. | Add +92.7% | 1.14% | +0.23 |
| AEP American Electric Power | New | 0.23% | +0.23 |
| KO The Coca-Cola Co. | New | 0.22% | +0.22 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.22% | +0.22 |
| GVI iShares Intermediate Governm | New | 0.22% | +0.22 |
| JPM JPMorgan Chase & Co. | Add +143.0% | 0.58% | +0.22 |
| NFEB Innov GRW-100 Por Bu ETF - F | New | 0.21% | +0.21 |
| COST Costco Wholesale Corp. | New | 0.20% | +0.20 |
| ONEZ Trueshr Seasonality La B ETF | New | 0.20% | +0.20 |
| CMCSA Comcast Corp. Class A | New | 0.20% | +0.20 |
| GLD SPDR Gold Shares | New | 0.20% | +0.20 |
| LISTED FDS TR | New | 0.19% | +0.19 |
| IJJ iShares S&P Mid-Cap 400 Valu | New | 0.19% | +0.19 |
| BDEC Innovator U.S. Equity Buffer | Add +103.2% | 0.87% | +0.19 |
| SCHM Schwab US Mid Cap ETF | New | 0.19% | +0.19 |
| LQDH iShares Int Hedg Corp. BD ETF | New | 0.19% | +0.19 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 261 | $218.1M | VOO, CSHI, QQQ, NVDA, SPYI |
| Q1 2026 | 192 | $151.7M | CSHI, SPYI, NVDA, QQQI, CTA |
| Q4 2025 | 213 | $143.9M | CSHI, VOO, SPYI, NVDA, QQQI |
| Q3 2025 | 141 | $126.3M | VOO, MSFT, CSHI, NVDA, VEA |
| Q2 2025 | 177 | $123.0M | CSHI, SVOL, CTA, NVDA, BUCK |
| Q1 2025 | 178 | $126.1M | VOO, VEA, MSFT, QQQ, AAPL |
| Q4 2024 | 139 | $81.8M | VOO, AAPL, BJUL, NVDA, MSFT |
| Q3 2024 | 142 | $100.3M | VOO, VEA, MSFT, VTI, QQQ |
| Q2 2024 | 133 | $95.9M | VOO, VEA, MSFT, VTI, QQQ |
| Q1 2024 | 134 | $93.3M | VOO, VEA, MSFT, VTI, PJAN |