FSA Advisors, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), FSA Advisors, Inc. reported 141 stock positions worth $126.3 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 6.7% of the portfolio, followed by Microsoft (MSFT, 3.6%) and Neos Enhanced Income 1-3 Mon (CSHI, 3.5%). Compared with Q2 2025, it opened 26 new positions, sold out of 60, added to 51 and reduced 56. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +542%) and the biggest sale an exit from Simplify Volatility Premium (SVOL).

Most Recent 13F
Q2 2026
Location
TROY, MI
CIK
0001905627
Portfolio Value
$126.3M (Q3 2025)
SEC Filing
0001905627-25-000003 ↗ filed Nov 12, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $93.3M Q1 2024 Q2 2024: $95.9M Q2 2024 Q3 2024: $100.3M Q3 2024 Q4 2024: $81.8M Q4 2024 Q1 2025: $126.1M Q1 2025 Q2 2025: $123.0M Q2 2025 Q3 2025: $126.3M $126.3M Q3 2025 Q4 2025: $143.9M Q4 2025 Q1 2026: $151.7M Q1 2026 Q2 2026: $218.1M Q2 2026

Holdings 141 stocks · $126.3M
VOO Vanguard S&P 500 ETF 6.71% 13,837 $8.5M Add +541.8%
MSFT Microsoft Corp. 3.65% 8,891 $4.6M Add +145.9%
CSHI Neos Enhanced Income 1-3 Mon 3.49% 88,716 $4.4M Add +26.4%
NVDA Nvidia Corp. 2.58% 17,471 $3.3M Add +0.2%
VEA Vanguard Ftse Developed ETF 2.53% 53,231 $3.2M Add +199.3%
AAPL Apple Inc. 2.28% 11,283 $2.9M Add +29.1%
DECU Allianzim US BF15 Uncap Dec 1.94% 91,272 $2.5M New
MIY BlackRock Muniyield Mi QLTY 1.87% 209,643 $2.4M Reduce -4.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.80% 3,872 $2.3M Add +61.5%
SPYI Neos S&P 500 High Income ETF 1.73% 41,811 $2.2M Add +18.0%
PJAN Innovator U.S. Equity Power 1.67% 45,961 $2.1M Reduce -3.0%
DECW Alianzim US Eq BFR20 Dec-Usd 1.66% 63,358 $2.1M Add +6.9%
BJAN Innovator U.S. Equity Buffer 1.64% 39,154 $2.1M Reduce -1.6%
BOCT Innovator U.S. Equity Buffer 1.49% 38,897 $1.9M Add +2.0%
BJUL Innovator U.S. Equity Buffer 1.48% 37,599 $1.9M Reduce -4.1%
SIXP Allian US Equ 6 Mon BU10-Usd 1.38% 56,552 $1.7M Add +513.6%
QBER Trueshares Quartly B HDG ETF 1.34% 68,632 $1.7M Add +66.4%
QQQI Neos Nasdaq-100 High Inc. ETF 1.32% 30,691 $1.7M Add +32.3%
BFEB Innovator U.S. Equity Buffer 1.30% 34,808 $1.6M Reduce -2.2%
BILZ PIMCO Ultra SHRT Govt Active 1.28% 15,992 $1.6M Add +57.7%
CAPITOL SER TR 1.27% 62,891 $1.6M Add +9.1%
BSEP Innovator U.S. Equity Buffer 1.23% 32,151 $1.6M Reduce -2.5%
GJUL FT Vest US Equity Moderate B 1.22% 37,983 $1.5M New
PFEB Innovator U.S. Equity Power 1.18% 37,695 $1.5M Reduce -3.3%
PAUG Innovator U.S. Equity Power 1.10% 32,848 $1.4M Add +5.5%
BAUG Innovator U.S. Equity Buffer 1.04% 26,882 $1.3M Add +0.9%
SEPW Alianzim US Eq BFR20 Sep-Usd 1.03% 41,232 $1.3M New
BDEC Innovator U.S. Equity Buffer 0.97% 25,637 $1.2M Reduce -2.8%
PDEC Innovator U.S. Equity Power 0.97% 29,120 $1.2M Reduce -4.4%
VWO Vanguard Ftse Emerging Marke 0.94% 22,003 $1.2M Add +254.1%
NFLX Netflix Inc. 0.93% 982 $1.2M Reduce -0.9%
KJAN Innovator U.S. Small Cap Pow 0.91% 28,561 $1.2M Reduce -1.5%
JPM JPMorgan Chase & Co. 0.91% 3,626 $1.1M Add +21.5%
BUFR FT Vest Lad Buffervetf-Usd I 0.91% 34,225 $1.1M Add +2.3%
JANW Alianzim US Eq BFR20 Jan-Usd 0.90% 31,289 $1.1M Reduce -50.0%
PJUL Innovator U.S. Equity Power 0.88% 24,282 $1.1M Reduce -4.1%
PSEP Innovator U.S. Equity Power 0.87% 25,679 $1.1M Reduce -2.5%
POCT Innovator U.S. Equity Power 0.86% 25,208 $1.1M Add +2.8%
DECT Allianzim US Eq BFFR10 DC-US 0.84% 29,953 $1.1M Add +9.5%
PAPR Innovator U.S. Equity Power 0.82% 26,908 $1.0M Reduce -1.3%
AMZN Amazon.com Inc. 0.81% 4,643 $1.0M Add +36.6%
JULU Allianzim US BF15 Uncap Jul 0.77% 33,154 $970K New
PMAR Innovator U.S. Equity Power 0.76% 21,860 $960K Reduce -2.0%
ZSEP Innovator Edp ETF - 1 YR Sep 0.75% 35,734 $947K Add +111.8%
ORCL Oracle Corp. 0.74% 3,305 $930K Add +11.9%
ONEZ Trueshr Seasonality La B ETF 0.73% 34,865 $924K Add +63.3%
BMAR Innovator U.S. Equity Buffer 0.72% 17,577 $907K Reduce -3.6%
META Meta Platforms Inc. Class A 0.70% 1,203 $883K Add +17.6%
NJAN Innovator Growth 100 Power B 0.68% 16,205 $862K No change
SEPT All US Equ BUF10 Sep ETF-Usd 0.68% 24,975 $861K Reduce -64.8%
IWY iShares Russell Top 200 Grow 0.65% 3,022 $827K Add +1.9%
NAPR Innovator Growth 100 Power B 0.63% 15,184 $799K Reduce -1.3%
GOOGL Alphabet Inc. Class A 0.62% 3,221 $783K Add +25.1%
BAPR Innovator U.S. Equity Buffer 0.62% 16,652 $781K Reduce -2.3%
NJUL Innovator Growth 100 Power B 0.62% 10,956 $779K Reduce -13.5%
BSV Vanguard Short-Term Bond ETF 0.61% 9,712 $766K New
VXF Vanguard Extended Market ETF 0.57% 3,461 $725K New
BUFD FT VST Lad Deep Buf ETF-Usdi 0.57% 26,030 $719K Reduce -12.7%
MAR Marriott International Class A 0.57% 2,758 $718K No change
PNOV Innovator U.S. Equity Power 0.55% 17,043 $700K Reduce -2.6%
ZDEK Inno Equ Def Pro ETF - 1 DE 0.55% 27,616 $698K Reduce -29.4%
BNOV Innovator U.S. Equity Buffer 0.53% 15,524 $675K No change
NVG Nuveen Amt-FR Muni CRDT 0.51% 52,662 $647K Add +23.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.51% 3,433 $640K New
CAT Caterpillar Inc. 0.48% 1,271 $607K Reduce -0.7%
KAPR Innovator U.S. Small Cap Pow 0.47% 17,475 $598K Reduce -1.9%
SEPZ Trueshares Struc Out Sep ETF 0.45% 13,335 $565K Reduce -36.5%
QQQ Invesco QQQ Trust Series 1 0.44% 921 $553K New
BOND PIMCO Active Bond Exchange-T 0.41% 5,517 $515K Add +2.3%
AVGO Broadcom Inc. 0.40% 1,539 $508K Add +19.8%
XOM Exxon Mobil Corp. 0.40% 4,469 $504K Add +23.5%
DTM DT Midstream Inc. 0.40% 4,418 $500K Reduce -27.1%
IWX iShares Russell Top 200 Valu 0.39% 5,667 $498K Add +6.3%
ARCC Ares Capital Corp. 0.39% 24,369 $497K No change
DTE DTE Energy Company 0.39% 3,475 $492K Reduce -5.1%
PJUN Innovator U.S. Equity Power 0.39% 11,886 $489K Reduce -1.5%
ABBV Abbvie Inc. 0.39% 2,106 $488K Add +95.2%
VXUS Vanguard Total Intl Stock 0.38% 6,606 $485K Add +128.0%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.38% 500 $477K New
XEVGX Eaton Vance Short Dur Div Inc. 0.37% 41,096 $465K Reduce -4.6%
MUB iShares National Muni Bond E 0.36% 4,263 $454K Reduce -7.4%
GLD SPDR Gold Shares 0.36% 1,267 $451K Add +20.4%
PMAY Innovator U.S. Equity Power 0.35% 11,419 $444K Reduce -1.1%
NOCT Innovator Growth-100 Power B 0.35% 7,753 $440K Add +9.2%
EVSM Eaton Vance SHRT Dur Muni 0.34% 8,632 $435K Add +79.6%
FDVV Fidelity High Dividend ETF 0.34% 7,733 $431K New
GEV GE Vernova Inc. 0.34% 698 $429K Add +31.4%
JNJ Johnson & Johnson 0.32% 2,190 $406K New
SCHD Schwab US DVD Equity ETF 0.32% 14,775 $403K New
KOCT Innovator U.S. Small Cap Pow 0.32% 12,210 $403K Add +15.2%
SPDW Ste STR SPDR PT DW Eu ETF 0.32% 9,349 $400K Add +6.4%
BJUN Innovator U.S. Equity Buffer 0.31% 8,632 $395K Reduce -1.8%
BIV Vanguard Intermediate-Term B 0.31% 5,022 $392K New
NDEC In Gro-100 PWR Buf ETF - Dec 0.31% 14,419 $390K Reduce -0.3%
KMI Kinder Morgan Inc. 0.30% 13,279 $376K Reduce -3.0%
BLV Vanguard Long-Term Bond ETF 0.30% 5,280 $374K New
EFG iShares MSCI Eafe Growth ETF 0.29% 3,223 $367K Add +0.8%
KJUL Innovator U.S. Small Cap Pow 0.29% 11,730 $363K Reduce -1.4%
LLY Eli Lilly & Co. 0.28% 469 $358K Reduce -7.3%
SPEM State Street SP PTF Em ETF 0.28% 7,568 $354K Add +22.5%
KDEC Inn US SML Cap P B ETF - Dec 0.27% 13,544 $345K Reduce -2.2%
SPRX Spear Alpha ETF 0.27% 8,921 $344K Add +12.3%
BRK.B Berkshire Hathaway Inc. Class B 0.27% 675 $339K Add +5.8%
BP BP PLC-Spons ADR 0.27% 9,827 $339K Add +6.0%
CNAV Mohr Company Nav ETF filed as COLLABORATIVE INVESTMNT SER 0.27% 11,181 $338K Reduce -4.8%
T AT&T Inc. 0.27% 11,976 $338K Reduce -38.3%
FBCG Fidelity Blue Chip Grow ETF 0.26% 6,211 $333K New
ABT Abbott Laboratories 0.26% 2,453 $329K New
SIXF Allian US Equ 6 Mon BU10-Usd 0.26% 10,430 $324K Add +10.2%
EFV iShares MSCI Eafe Value ETF 0.26% 4,761 $323K Reduce -1.2%
IEMG iShares Core MSCI Emerging 0.25% 4,734 $312K Reduce -39.5%
BABA Alibaba Group Holding-SP ADR 0.24% 1,706 $305K New
AIOO Allianzim US Eq BUFFER100 0.24% 11,757 $300K New
NFEB Innov GRW-100 Por Bu ETF - F 0.23% 10,757 $293K Reduce -1.5%
ZAUG Innov Eq Protect ETF - 1 Aug 0.23% 11,025 $292K New
DFAC Dimensional US Core Equity 2 0.22% 7,250 $280K Reduce -25.9%
NEE Nextera Energy Inc. 0.22% 3,665 $277K Reduce -4.2%
ZJUL Innovator Edp ETF 1 YR July 0.22% 9,567 $275K Reduce -24.2%
SCHM Schwab US Mid Cap ETF 0.22% 9,271 $275K New
DFUS Dimensional US Eq MKT ETF 0.21% 3,674 $266K Add +17.5%
IJJ iShares S&P Mid-Cap 400 Valu 0.21% 2,032 $264K New
GOOG Alphabet Inc. Class C 0.20% 1,060 $258K Reduce -19.7%
IWS iShares Russell Mid-Cap Valu 0.20% 1,779 $249K Reduce -13.6%
ZAPR Intr Eqt Def Pro ETF - 1 Y A 0.20% 9,755 $248K No change
IJR iShares Core S&P Small-Cap E 0.20% 2,082 $247K New
ZFEB Inotr Eq Def PR ETF - 1 YR F 0.19% 9,666 $241K Reduce -18.2%
SNAV Mohr Sector Nav ETF filed as COLLABORATIVE INVESTMNT SER 0.19% 6,954 $241K Reduce -2.2%
BMAY Innovator U.S. Equity Buffer 0.19% 5,470 $240K No change
ZMAR Inovatr E D PRCT ETF - 1 Mar 0.19% 8,804 $238K No change
BSTP Innovator Buff Su Strat ETF 0.19% 6,469 $235K Reduce -5.9%
CMCSA Comcast Corp. Class A 0.18% 7,203 $226K Add +5.5%
OEF iShares S&P 100 ETF 0.17% 660 $220K New
DECZ Trueshares Struc Out Dec ETF 0.17% 5,345 $218K New
BND Vanguard Total Bond Market 0.17% 2,917 $217K Reduce -60.0%
COST Costco Wholesale Corp. 0.17% 227 $211K New
ZNOV Invtr Equ DE PR ETF - 1 YR N 0.17% 7,897 $208K No change
VNLA Janus Henderson Short Durati 0.16% 4,224 $208K New
MFUL Mindful Conservative ETF filed as COLLABORATIVE INVESTMNT SER 0.16% 9,397 $208K Add +0.1%
HD Home Depot Inc. 0.16% 502 $204K Reduce -28.5%
LQDH iShares Int Hedg Corp. BD ETF 0.16% 2,157 $202K Reduce -27.4%
F Ford Motor Co. filed as FORD MTR CO 0.15% 15,858 $190K Reduce -1.6%

Portfolio Sells Q2 2025 → Q3 2025
SVOL Simplify Volatility Premium Sold out 0.00% −2.74
CTA Simplify Managed Futures St Sold out 0.00% −2.54
SEPT All US Equ BUF10 Sep ETF-Usd Reduce -64.8% 0.68% −2.16
BUCK Simplify Treasury Option Inc. Sold out 0.00% −2.00
HIGH Simplify Enhanced Income ETF Sold out 0.00% −1.75
GDEC FT Vest US Equity Moderate B Sold out 0.00% −1.17
BNDX Vanguard Total Intl Bond ETF Sold out 0.00% −1.01
SPYM Ste STR SPDR PT S&P 500 ETF Sold out 0.00% −0.89
JANW Alianzim US Eq BFR20 Jan-Usd Reduce -50.0% 0.90% −0.88
OCTW Alianzim US Eq BFR20 Oct-Usd Sold out 0.00% −0.75
SCHG Schwab US Large-Cap Growth Sold out 0.00% −0.61
VRT Vertiv Holdings Co. Class A Sold out 0.00% −0.60
VTEB Vanguard Tax-Exempt Bond ETF Sold out 0.00% −0.50
DGRW Wisdomtree U.S. Quality Divi Sold out 0.00% −0.46
VCR Vanguard Consumer Discre ETF Sold out 0.00% −0.46
VST Vistra Corp. Sold out 0.00% −0.43
VGT Vanguard Info Tech ETF Sold out 0.00% −0.41
LISTED FDS TR Sold out 0.00% −0.40
VMBS Vanguard Mortgage-Backed Sec Sold out 0.00% −0.37
VTI VG Morningstar TS MKT ETF-US Sold out 0.00% −0.36
VPU Vanguard Utilities ETF Sold out 0.00% −0.34
XLSR SS US Sector Rotation Sold out 0.00% −0.34
FISR SS Fi Sector Rotation Sold out 0.00% −0.31
TSLA Tesla Inc. Sold out 0.00% −0.30
VUG Vanguard Mrngstar GR ETF-Sui Sold out 0.00% −0.29
BND Vanguard Total Bond Market Reduce -60.0% 0.17% −0.26
IQDG Wisdomtree Intl QLTY DVD GRW Sold out 0.00% −0.26
SCHV Schwab US Large-Cap Value Sold out 0.00% −0.26
IEFA iShares Core MSCI Eafe ETF Sold out 0.00% −0.25
HYMB SS SPDR N Ice HY Muni ETF Sold out 0.00% −0.25
VZ Verizon Communications Inc. Sold out 0.00% −0.24
BAMG Brookstone Growth Stock ETF Sold out 0.00% −0.24
SPSB SS SPDR P St C Corp. ETF Sold out 0.00% −0.24
SMH Vaneck Semiconductor ETF Sold out 0.00% −0.24
MO Altria Group Inc. Sold out 0.00% −0.23
ZDEK Inno Equ Def Pro ETF - 1 DE Reduce -29.4% 0.55% −0.23
TUA Sim St Treas Fut Strat ETF Sold out 0.00% −0.23
ETN Eaton Corp. PLC Sold out 0.00% −0.22
BAMV Brookstone Value Stock ETF Sold out 0.00% −0.22
WMT Walmart Inc. Sold out 0.00% −0.22
VGSH Vanguard Short-Term Treasury Sold out 0.00% −0.22
IDEV iShares Core MSCI Dev MKTS Sold out 0.00% −0.22
BAMD Brookstone Div Stock ETF Sold out 0.00% −0.21
SCHX Schwab US Large-Cap ETF Sold out 0.00% −0.21
DLN Wisdomtree US Largecap Divid Sold out 0.00% −0.20
VYM Vanguard High DVD Yield ETF Sold out 0.00% −0.20
IXUS iShares Core Intl Stock ETF Sold out 0.00% −0.20
T AT&T Inc. Reduce -38.3% 0.27% −0.19
DFAX Dimensional World Ex US Core Sold out 0.00% −0.19
VONG Vanguard Russell 1000 Growth Sold out 0.00% −0.18

Portfolio Buys Q2 2025 → Q3 2025
VOO Vanguard S&P 500 ETF Add +541.8% 6.71% +5.71
MSFT Microsoft Corp. Add +145.9% 3.65% +2.18
DECU Allianzim US BF15 Uncap Dec New 1.94% +1.94
VEA Vanguard Ftse Developed ETF Add +199.3% 2.53% +1.70
GJUL FT Vest US Equity Moderate B New 1.22% +1.22
SIXP Allian US Equ 6 Mon BU10-Usd Add +513.6% 1.38% +1.16
SEPW Alianzim US Eq BFR20 Sep-Usd New 1.03% +1.03
AAPL Apple Inc. Add +29.1% 2.28% +0.82
JULU Allianzim US BF15 Uncap Jul New 0.77% +0.77
VWO Vanguard Ftse Emerging Marke Add +254.1% 0.94% +0.69
CSHI Neos Enhanced Income 1-3 Mon Add +26.4% 3.49% +0.66
BSV Vanguard Short-Term Bond ETF New 0.61% +0.61
SPY SS SPDR S&P 500 ETF Trust-US Add +61.5% 1.80% +0.59
VXF Vanguard Extended Market ETF New 0.57% +0.57
QBER Trueshares Quartly B HDG ETF Add +66.4% 1.34% +0.51
VTV Vanguard Mrngstr Val ETF-Aui New 0.51% +0.51
BILZ PIMCO Ultra SHRT Govt Active Add +57.7% 1.28% +0.45
QQQ Invesco QQQ Trust Series 1 New 0.44% +0.44
ZSEP Innovator Edp ETF - 1 YR Sep Add +111.8% 0.75% +0.39
GWW WW Grainger Inc. New 0.38% +0.38
NVDA Nvidia Corp. Add +0.2% 2.58% +0.34
FDVV Fidelity High Dividend ETF New 0.34% +0.34
QQQI Neos Nasdaq-100 High Inc. ETF Add +32.3% 1.32% +0.34
JNJ Johnson & Johnson New 0.32% +0.32
SCHD Schwab US DVD Equity ETF New 0.32% +0.32
BIV Vanguard Intermediate-Term B New 0.31% +0.31
BLV Vanguard Long-Term Bond ETF New 0.30% +0.30
ONEZ Trueshr Seasonality La B ETF Add +63.3% 0.73% +0.29
SPYI Neos S&P 500 High Income ETF Add +18.0% 1.73% +0.28
FBCG Fidelity Blue Chip Grow ETF New 0.26% +0.26
ABT Abbott Laboratories New 0.26% +0.26
GOOGL Alphabet Inc. Class A Add +25.1% 0.62% +0.25
BABA Alibaba Group Holding-SP ADR New 0.24% +0.24
AIOO Allianzim US Eq BUFFER100 New 0.24% +0.24
ZAUG Innov Eq Protect ETF - 1 Aug New 0.23% +0.23
ABBV Abbvie Inc. Add +95.2% 0.39% +0.22
VXUS Vanguard Total Intl Stock Add +128.0% 0.38% +0.22
SCHM Schwab US Mid Cap ETF New 0.22% +0.22
ORCL Oracle Corp. Add +11.9% 0.74% +0.21
IJJ iShares S&P Mid-Cap 400 Valu New 0.21% +0.21
JPM JPMorgan Chase & Co. Add +21.5% 0.91% +0.20
AMZN Amazon.com Inc. Add +36.6% 0.81% +0.20
IJR iShares Core S&P Small-Cap E New 0.20% +0.20
OEF iShares S&P 100 ETF New 0.17% +0.17
DECZ Trueshares Struc Out Dec ETF New 0.17% +0.17
COST Costco Wholesale Corp. New 0.17% +0.17
VNLA Janus Henderson Short Durati New 0.16% +0.16
EVSM Eaton Vance SHRT Dur Muni Add +79.6% 0.34% +0.15
DECW Alianzim US Eq BFR20 Dec-Usd Add +6.9% 1.66% +0.13
AVGO Broadcom Inc. Add +19.8% 0.40% +0.11

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 261$218.1MVOO, CSHI, QQQ, NVDA, SPYI
Q1 2026 192$151.7MCSHI, SPYI, NVDA, QQQI, CTA
Q4 2025 213$143.9MCSHI, VOO, SPYI, NVDA, QQQI
Q3 2025 141$126.3MVOO, MSFT, CSHI, NVDA, VEA
Q2 2025 177$123.0MCSHI, SVOL, CTA, NVDA, BUCK
Q1 2025 178$126.1MVOO, VEA, MSFT, QQQ, AAPL
Q4 2024 139$81.8MVOO, AAPL, BJUL, NVDA, MSFT
Q3 2024 142$100.3MVOO, VEA, MSFT, VTI, QQQ
Q2 2024 133$95.9MVOO, VEA, MSFT, VTI, QQQ
Q1 2024 134$93.3MVOO, VEA, MSFT, VTI, PJAN