FSA Advisors, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 1, 2025), FSA Advisors, Inc. reported 177 stock positions worth $123.0 million. Its top holding was Neos Enhanced Income 1-3 Mon (CSHI) at 2.8% of the portfolio, followed by Simplify Volatility Premium (SVOL, 2.7%) and Simplify Managed Futures St (CTA, 2.5%). Compared with Q1 2025, it opened 29 new positions, sold out of 30, added to 70 and reduced 70. The biggest buy was Neos Enhanced Income 1-3 Mon (CSHI, shares +343%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- TROY, MI
- CIK
- 0001905627
- Portfolio Value
- $123.0M (Q2 2025)
- SEC Filing
- 0001905627-25-000001 ↗ filed Aug 1, 2025
Holdings Value
Holdings 177 stocks · $123.0M
| CSHI Neos Enhanced Income 1-3 Mon | 2.84% | 70,165 | $3.5M | Add +343.4% |
| SVOL Simplify Volatility Premium | 2.74% | 183,457 | $3.4M | Add +145.2% |
| CTA Simplify Managed Futures St | 2.54% | 116,645 | $3.1M | Add +89.4% |
| NVDA Nvidia Corp. | 2.24% | 17,433 | $2.8M | Add +1.2% |
| BUCK Simplify Treasury Option Inc. | 2.00% | 104,307 | $2.5M | Add +78.9% |
| MIY BlackRock Muniyield Mi QLTY | 1.96% | 218,413 | $2.4M | Add +117.0% |
| JANW Alianzim US Eq BFR20 Jan-Usd | 1.78% | 62,588 | $2.2M | Add +26.7% |
| HIGH Simplify Enhanced Income ETF | 1.75% | 88,640 | $2.1M | Add +119.5% |
| PJAN Innovator U.S. Equity Power | 1.70% | 47,396 | $2.1M | Reduce -0.1% |
| BJAN Innovator U.S. Equity Buffer | 1.63% | 39,806 | $2.0M | Add +0.3% |
| DECW Alianzim US Eq BFR20 Dec-Usd | 1.52% | 59,245 | $1.9M | Add +21.4% |
| BJUL Innovator U.S. Equity Buffer | 1.50% | 39,212 | $1.8M | Reduce -4.5% |
| MSFT Microsoft Corp. | 1.46% | 3,616 | $1.8M | Reduce -58.4% |
| AAPL Apple Inc. | 1.46% | 8,741 | $1.8M | Reduce -4.7% |
| SPYI Neos S&P 500 High Income ETF | 1.45% | 35,442 | $1.8M | Add +70.1% |
| BOCT Innovator U.S. Equity Buffer | 1.41% | 38,116 | $1.7M | Add +3.6% |
| BFEB Innovator U.S. Equity Buffer | 1.29% | 35,583 | $1.6M | Add +1.5% |
| BSEP Innovator U.S. Equity Buffer | 1.21% | 32,972 | $1.5M | Reduce -1.2% |
| PFEB Innovator U.S. Equity Power | 1.21% | 38,991 | $1.5M | Reduce -15.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.20% | 2,398 | $1.5M | Add +9.9% |
| CAPITOL SER TR | 1.18% | 57,632 | $1.5M | New |
| GDEC FT Vest US Equity Moderate B | 1.17% | 40,828 | $1.4M | Reduce -8.1% |
| NFLX Netflix Inc. | 1.08% | 991 | $1.3M | Reduce -17.2% |
| PAUG Innovator U.S. Equity Power | 1.02% | 31,147 | $1.3M | Reduce -2.7% |
| BNDX Vanguard Total Intl Bond ETF | 1.01% | 25,177 | $1.2M | Reduce -7.2% |
| BAUG Innovator U.S. Equity Buffer | 1.00% | 26,639 | $1.2M | Reduce -1.5% |
| VOO Vanguard S&P 500 ETF | 1.00% | 2,156 | $1.2M | Reduce -87.2% |
| PDEC Innovator U.S. Equity Power | 0.99% | 30,454 | $1.2M | Add +0.1% |
| QQQI Neos Nasdaq-100 High Inc. ETF | 0.98% | 23,193 | $1.2M | Add +159.6% |
| JANT Allianzim US Eq BFFR10 JN-US | 0.97% | 31,633 | $1.2M | Add +28.1% |
| OCTT All US Equ BUF10 Oct ETF-Usd | 0.97% | 29,705 | $1.2M | Add +28.0% |
| BDEC Innovator U.S. Equity Buffer | 0.97% | 26,382 | $1.2M | Add +0.1% |
| PJUL Innovator U.S. Equity Power | 0.90% | 25,330 | $1.1M | Reduce -2.8% |
| SIXD Allian US Equ 6 Mon BU10-Usd | 0.90% | 40,239 | $1.1M | Add +28.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.89% | 15,087 | $1.1M | Reduce -9.0% |
| KJAN Innovator U.S. Small Cap Pow | 0.88% | 28,983 | $1.1M | Reduce -0.9% |
| PSEP Innovator U.S. Equity Power | 0.88% | 26,330 | $1.1M | Reduce -1.3% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.86% | 33,454 | $1.1M | Reduce -12.8% |
| BILZ PIMCO Ultra SHRT Govt Active | 0.83% | 10,138 | $1.0M | Add +242.5% |
| QBER Trueshares Quartly B HDG ETF | 0.83% | 41,239 | $1.0M | Add +84.1% |
| PAPR Innovator U.S. Equity Power | 0.83% | 27,267 | $1.0M | Add +9.6% |
| VEA Vanguard Ftse Developed ETF | 0.82% | 17,787 | $1.0M | Reduce -77.5% |
| POCT Innovator U.S. Equity Power | 0.82% | 24,514 | $1.0M | Add +2.8% |
| ZDEK Inno Equ Def Pro ETF - 1 DE | 0.78% | 39,144 | $961K | Add +73.3% |
| PMAR Innovator U.S. Equity Power | 0.77% | 22,317 | $942K | Add +0.2% |
| OCTW Alianzim US Eq BFR20 Oct-Usd | 0.75% | 25,030 | $926K | Add +20.5% |
| DECT Allianzim US Eq BFFR10 DC-US | 0.74% | 27,360 | $914K | Add +28.8% |
| BMAR Innovator U.S. Equity Buffer | 0.73% | 18,226 | $894K | Add +2.6% |
| JPM JPMorgan Chase & Co. | 0.70% | 2,984 | $865K | Add +0.4% |
| NJUL Innovator Growth 100 Power B | 0.70% | 12,668 | $862K | Add +16.8% |
| NJAN Innovator Growth 100 Power B | 0.67% | 16,205 | $822K | No change |
| BUFD FT VST Lad Deep Buf ETF-Usdi | 0.64% | 29,829 | $792K | Reduce -12.1% |
| NAPR Innovator Growth 100 Power B | 0.64% | 15,379 | $784K | Add +12.3% |
| BAPR Innovator U.S. Equity Buffer | 0.63% | 17,036 | $770K | Add +16.7% |
| META Meta Platforms Inc. Class A | 0.61% | 1,023 | $755K | Add +1.3% |
| MAR Marriott International Class A | 0.61% | 2,758 | $754K | Reduce -1.9% |
| SCHG Schwab US Large-Cap Growth | 0.61% | 25,635 | $749K | Reduce -49.7% |
| AMZN Amazon.com Inc. | 0.61% | 3,399 | $746K | Reduce -13.9% |
| VRT Vertiv Holdings Co. Class A | 0.60% | 5,713 | $734K | Add +0.0% |
| IWY iShares Russell Top 200 Grow | 0.59% | 2,967 | $731K | Add +48.0% |
| PNOV Innovator U.S. Equity Power | 0.56% | 17,500 | $692K | Add +4.2% |
| DTM DT Midstream Inc. | 0.54% | 6,062 | $666K | Add +5.7% |
| ORCL Oracle Corp. | 0.52% | 2,953 | $646K | Add +5.0% |
| BNOV Innovator U.S. Equity Buffer | 0.52% | 15,524 | $640K | Add +5.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.50% | 12,576 | $617K | Reduce -1.1% |
| KAPR Innovator U.S. Small Cap Pow | 0.47% | 17,811 | $577K | No change |
| DGRW Wisdomtree U.S. Quality Divi | 0.46% | 6,815 | $571K | Reduce -58.6% |
| VCR Vanguard Consumer Discre ETF | 0.46% | 1,574 | $570K | Reduce -3.3% |
| T AT&T Inc. | 0.46% | 19,418 | $562K | Reduce -3.5% |
| ONEZ Trueshr Seasonality La B ETF | 0.44% | 21,346 | $539K | Add +99.8% |
| BND Vanguard Total Bond Market | 0.44% | 7,295 | $537K | Reduce -15.1% |
| ARCC Ares Capital Corp. | 0.44% | 24,369 | $535K | No change |
| VST Vistra Corp. | 0.43% | 2,756 | $534K | Add +0.2% |
| NVG Nuveen Amt-FR Muni CRDT | 0.41% | 42,644 | $509K | New |
| VGT Vanguard Info Tech ETF | 0.41% | 751 | $498K | Add +4.9% |
| BOND PIMCO Active Bond Exchange-T | 0.40% | 5,392 | $497K | Add +142.6% |
| CAT Caterpillar Inc. | 0.40% | 1,280 | $497K | Reduce -19.5% |
| LISTED FDS TR | 0.40% | 12,472 | $497K | New |
| DTE DTE Energy Company | 0.39% | 3,661 | $485K | Reduce -68.4% |
| MUB iShares National Muni Bond E | 0.39% | 4,604 | $481K | Add +6.9% |
| PJUN Innovator U.S. Equity Power | 0.39% | 12,067 | $480K | Add +8.3% |
| XEVGX Eaton Vance Short Dur Div Inc. | 0.39% | 43,093 | $475K | Add +13.7% |
| IEMG iShares Core MSCI Emerging | 0.38% | 7,827 | $470K | Add +6.5% |
| VMBS Vanguard Mortgage-Backed Sec | 0.37% | 9,849 | $456K | Reduce -39.6% |
| GOOGL Alphabet Inc. Class A | 0.37% | 2,575 | $454K | Reduce -2.1% |
| IWX iShares Russell Top 200 Valu | 0.36% | 5,331 | $449K | Add +43.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.36% | 1,465 | $445K | Reduce -74.8% |
| ZSEP Innovator Edp ETF - 1 YR Sep | 0.35% | 16,868 | $437K | Reduce -0.5% |
| PMAY Innovator U.S. Equity Power | 0.35% | 11,546 | $436K | Add +0.2% |
| QBUL Trueshare QRT Bull Hdge ETF | 0.35% | 16,799 | $427K | Add +39.6% |
| VPU Vanguard Utilities ETF | 0.34% | 2,351 | $415K | Reduce -0.6% |
| XLSR SS US Sector Rotation | 0.34% | 7,511 | $412K | Add +0.5% |
| KMI Kinder Morgan Inc. | 0.33% | 13,686 | $402K | Add +0.1% |
| LLY Eli Lilly & Co. | 0.32% | 506 | $394K | Reduce -7.5% |
| XOM Exxon Mobil Corp. | 0.32% | 3,618 | $390K | Reduce -0.9% |
| NOCT Innovator Growth-100 Power B | 0.31% | 7,099 | $387K | Add +9.7% |
| BJUN Innovator U.S. Equity Buffer | 0.31% | 8,790 | $385K | Add +6.5% |
| FISR SS Fi Sector Rotation | 0.31% | 14,695 | $380K | Add +17.4% |
| NDEC In Gro-100 PWR Buf ETF - Dec | 0.30% | 14,457 | $373K | Add +1.6% |
| TSLA Tesla Inc. | 0.30% | 1,159 | $368K | Add +29.1% |
Portfolio Sells Q1 2025 → Q2 2025
| VOO Vanguard S&P 500 ETF | Reduce -87.2% | 1.00% | −5.88 |
| VEA Vanguard Ftse Developed ETF | Reduce -77.5% | 0.82% | −2.37 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −1.64 |
| MSFT Microsoft Corp. | Reduce -58.4% | 1.46% | −1.12 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -74.8% | 0.36% | −0.91 |
| VWO Vanguard Ftse Emerging Marke | Reduce -80.5% | 0.25% | −0.89 |
| DTE DTE Energy Company | Reduce -68.4% | 0.39% | −0.88 |
| BSV Vanguard Short-Term Bond ETF | Sold out | 0.00% | −0.84 |
| VTV Vanguard Mrngstr Val ETF-Aui | Sold out | 0.00% | −0.63 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −0.58 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -58.6% | 0.46% | −0.58 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −0.56 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.46 |
| TJUL Innovator Equity Defined Pro | Sold out | 0.00% | −0.44 |
| BIV Vanguard Intermediate-Term B | Sold out | 0.00% | −0.40 |
| SCHG Schwab US Large-Cap Growth | Reduce -49.7% | 0.61% | −0.40 |
| BLV Vanguard Long-Term Bond ETF | Sold out | 0.00% | −0.40 |
| VXUS Vanguard Total Intl Stock | Reduce -74.1% | 0.16% | −0.39 |
| FDVV Fidelity High Dividend ETF | Sold out | 0.00% | −0.35 |
| RFIX Simplify Bond Bull ETF | Sold out | 0.00% | −0.32 |
| IQDG Wisdomtree Intl QLTY DVD GRW | Reduce -59.1% | 0.26% | −0.30 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.30 |
| DLN Wisdomtree US Largecap Divid | Reduce -61.5% | 0.20% | −0.30 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.27 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -55.7% | 0.29% | −0.25 |
| SMAX iShares L Cap MB Sep ETF | Sold out | 0.00% | −0.24 |
| SO The Southern Co. | Sold out | 0.00% | −0.24 |
| USIG iShares Broad Usd Investment | Sold out | 0.00% | −0.24 |
| F Ford Motor Co. | Reduce -65.6% | 0.14% | −0.23 |
| VMBS Vanguard Mortgage-Backed Sec | Reduce -39.6% | 0.37% | −0.23 |
| AEP American Electric Power | Sold out | 0.00% | −0.23 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.22 |
| GVI iShares Intermediate Governm | Sold out | 0.00% | −0.22 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.20 |
| LISTED FDS TR | Sold out | 0.00% | −0.20 |
| DON Wisdomtree US Midcap Dividen | Sold out | 0.00% | −0.20 |
| LISTED FDS TR | Sold out | 0.00% | −0.19 |
| IJJ iShares S&P Mid-Cap 400 Valu | Sold out | 0.00% | −0.19 |
| DFAC Dimensional US Core Equity 2 | Reduce -46.3% | 0.29% | −0.19 |
| SCHM Schwab US Mid Cap ETF | Sold out | 0.00% | −0.19 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Reduce -59.5% | 0.17% | −0.19 |
| VGIT Vanguard Intermediate-Term T | Sold out | 0.00% | −0.18 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −0.18 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.17 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.16 |
| JNJ Johnson & Johnson | Sold out | 0.00% | −0.16 |
| AAPL Apple Inc. | Reduce -4.7% | 1.46% | −0.16 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -40.5% | 0.29% | −0.14 |
| HD Home Depot Inc. | Reduce -36.1% | 0.21% | −0.11 |
| PFEB Innovator U.S. Equity Power | Reduce -15.6% | 1.21% | −0.11 |
Portfolio Buys Q1 2025 → Q2 2025
| CSHI Neos Enhanced Income 1-3 Mon | Add +343.4% | 2.84% | +2.18 |
| SVOL Simplify Volatility Premium | Add +145.2% | 2.74% | +1.66 |
| CAPITOL SER TR | New | 1.18% | +1.18 |
| CTA Simplify Managed Futures St | Add +89.4% | 2.54% | +1.09 |
| HIGH Simplify Enhanced Income ETF | Add +119.5% | 1.75% | +1.04 |
| MIY BlackRock Muniyield Mi QLTY | Add +117.0% | 1.96% | +1.04 |
| BUCK Simplify Treasury Option Inc. | Add +78.9% | 2.00% | +0.86 |
| NVDA Nvidia Corp. | Add +1.2% | 2.24% | +0.76 |
| SPYI Neos S&P 500 High Income ETF | Add +70.1% | 1.45% | +0.66 |
| QQQI Neos Nasdaq-100 High Inc. ETF | Add +159.6% | 0.98% | +0.64 |
| BILZ PIMCO Ultra SHRT Govt Active | Add +242.5% | 0.83% | +0.60 |
| JANW Alianzim US Eq BFR20 Jan-Usd | Add +26.7% | 1.78% | +0.48 |
| NVG Nuveen Amt-FR Muni CRDT | New | 0.41% | +0.41 |
| LISTED FDS TR | New | 0.40% | +0.40 |
| QBER Trueshares Quartly B HDG ETF | Add +84.1% | 0.83% | +0.39 |
| DECW Alianzim US Eq BFR20 Dec-Usd | Add +21.4% | 1.52% | +0.36 |
| ZDEK Inno Equ Def Pro ETF - 1 DE | Add +73.3% | 0.78% | +0.36 |
| ZJUL Innovator Edp ETF 1 YR July | New | 0.29% | +0.29 |
| OCTT All US Equ BUF10 Oct ETF-Usd | Add +28.0% | 0.97% | +0.28 |
| JANT Allianzim US Eq BFFR10 JN-US | Add +28.1% | 0.97% | +0.28 |
| VRT Vertiv Holdings Co. Class A | Add +0.0% | 0.60% | +0.27 |
| CNAV Mohr Company Nav ETF | New | 0.26% | +0.26 |
| IWY iShares Russell Top 200 Grow | Add +48.0% | 0.59% | +0.26 |
| HYMB SS SPDR N Ice HY Muni ETF | New | 0.25% | +0.25 |
| SIXD Allian US Equ 6 Mon BU10-Usd | Add +28.1% | 0.90% | +0.24 |
| BOND PIMCO Active Bond Exchange-T | Add +142.6% | 0.40% | +0.24 |
| ONEZ Trueshr Seasonality La B ETF | Add +99.8% | 0.44% | +0.24 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +9.9% | 1.20% | +0.24 |
| ZFEB Inotr Eq Def PR ETF - 1 YR F | New | 0.23% | +0.23 |
| GEV GE Vernova Inc. | New | 0.23% | +0.23 |
| IWS iShares Russell Mid-Cap Valu | New | 0.22% | +0.22 |
| DECT Allianzim US Eq BFFR10 DC-US | Add +28.8% | 0.74% | +0.22 |
| SIXP Allian US Equ 6 Mon BU10-Usd | New | 0.22% | +0.22 |
| ORCL Oracle Corp. | Add +5.0% | 0.52% | +0.21 |
| ZAPR Intr Eqt Def Pro ETF - 1 Y A | New | 0.20% | +0.20 |
| IXUS iShares Core Intl Stock ETF | New | 0.20% | +0.20 |
| EVSM Eaton Vance SHRT Dur Muni | New | 0.20% | +0.20 |
| SPRX Spear Alpha ETF | New | 0.19% | +0.19 |
| ZMAR Inovatr E D PRCT ETF - 1 Mar | New | 0.19% | +0.19 |
| BMAY Innovator U.S. Equity Buffer | New | 0.19% | +0.19 |
| SNAV Mohr Sector Nav ETF | New | 0.19% | +0.19 |
| NJUL Innovator Growth 100 Power B | Add +16.8% | 0.70% | +0.18 |
| BOCT Innovator U.S. Equity Buffer | Add +3.6% | 1.41% | +0.18 |
| HYD Vaneck High Yield Muni ETF | New | 0.18% | +0.18 |
| NMAR Innovator GRW-100 PB ETF Mar | New | 0.18% | +0.18 |
| VST Vistra Corp. | Add +0.2% | 0.43% | +0.18 |
| AJUL Invtr Eq DP ETF-2Y-JULY28-Ui | New | 0.18% | +0.18 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.17% | +0.17 |
| OCTW Alianzim US Eq BFR20 Oct-Usd | Add +20.5% | 0.75% | +0.17 |
| DFUS Dimensional US Eq MKT ETF | New | 0.17% | +0.17 |
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 |