FSA Investment Group, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), FSA Investment Group, LLC reported 20 stock positions worth $135.0 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 66.3% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 22.0%) and Schwab U.S. Tips ETF (SCHP, 2.4%). Compared with Q1 2025, it opened 3 new positions, sold out of 6, added to 12 and reduced 5. The biggest buy was a new position in Invesco S&P 500 Equal Weight (RSP) and the biggest sale an exit from Van Morst SML-Cap Gro-Usd (VBK).
- Most Recent 13F
- Q2 2026
- Location
- Pensacola, FL
- CIK
- 0002051584
- Portfolio Value
- $135.0M (Q2 2025)
- SEC Filing
- 0001667731-25-001019 ↗ filed Jul 31, 2025
Holdings Value
Holdings 20 stocks · $135.0M
| SCHX Schwab US Large-Cap ETF | 66.32% | 3,664,331 | $89.6M | Add +0.1% |
| RSP Invesco S&P 500 Equal Weight | 21.97% | 163,271 | $29.7M | New |
| SCHP Schwab U.S. Tips ETF | 2.39% | 120,927 | $3.2M | Reduce -6.8% |
| VTHR Vanguard Russell 3000 | 1.87% | 9,255 | $2.5M | Add +36.1% |
| AGG iShares Core U.S. Aggregate | 1.29% | 17,497 | $1.7M | Reduce -2.5% |
| VXUS Vanguard Total Intl Stock | 1.03% | 20,043 | $1.4M | Add +10.6% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.88% | 6,089 | $1.2M | Add +0.1% |
| BOND PIMCO Active Bond Exchange-T | 0.55% | 8,066 | $743K | Reduce -31.9% |
| SCHD Schwab US DVD Equity ETF | 0.49% | 24,796 | $657K | Add +1.5% |
| BSV Vanguard Short-Term Bond ETF | 0.43% | 7,302 | $575K | Add +18.1% |
| AAPL Apple Inc. | 0.41% | 2,728 | $560K | Add +0.6% |
| IDU iShares US Utilities ETF | 0.38% | 4,947 | $517K | Add +0.6% |
| TIP iShares Tips Bond ETF | 0.37% | 4,544 | $500K | Add +18.1% |
| DVY iShares Select Dividend ETF | 0.35% | 3,591 | $477K | Add +1.0% |
| AMLP Alerian MLP ETF | 0.34% | 9,280 | $453K | Add +4.3% |
| VYM Vanguard High DVD Yield ETF | 0.25% | 2,499 | $333K | Add +0.7% |
| MSFT Microsoft Corp. | 0.20% | 537 | $267K | Reduce -25.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.18% | 817 | $248K | Reduce -86.8% |
| NVDA Nvidia Corp. | 0.17% | 1,417 | $224K | New |
| VIG Vanguard Dividend Apprec ETF | 0.15% | 982 | $201K | New |
Portfolio Sells Q1 2025 → Q2 2025
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −9.48 |
| VIOV Vanguard S&P Small-Cap 600 V | Sold out | 0.00% | −4.96 |
| BINC iShares Flex I A ETF-Usd Inc. | Sold out | 0.00% | −1.28 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -86.8% | 0.18% | −1.26 |
| IGSB iShares 1-5Y Inv Grade Corp. | Sold out | 0.00% | −1.24 |
| SCHP Schwab U.S. Tips ETF | Reduce -6.8% | 2.39% | −0.58 |
| BOND PIMCO Active Bond Exchange-T | Reduce -31.9% | 0.55% | −0.38 |
| O Realty Income Corp. | Sold out | 0.00% | −0.23 |
| AGG iShares Core U.S. Aggregate | Reduce -2.5% | 1.29% | −0.22 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.17 |
| MSFT Microsoft Corp. | Reduce -25.0% | 0.20% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| RSP Invesco S&P 500 Equal Weight | New | 21.97% | +21.97 |
| VTHR Vanguard Russell 3000 | Add +36.1% | 1.87% | +0.44 |
| NVDA Nvidia Corp. | New | 0.17% | +0.17 |
| VIG Vanguard Dividend Apprec ETF | New | 0.15% | +0.15 |
| VXUS Vanguard Total Intl Stock | Add +10.6% | 1.03% | +0.07 |
| BSV Vanguard Short-Term Bond ETF | Add +18.1% | 0.43% | +0.01 |
| TIP iShares Tips Bond ETF | Add +18.1% | 0.37% | +0.01 |
| VYM Vanguard High DVD Yield ETF | Add +0.7% | 0.25% | −0.03 |
| IDU iShares US Utilities ETF | Add +0.6% | 0.38% | −0.04 |
| DVY iShares Select Dividend ETF | Add +1.0% | 0.35% | −0.05 |
| AMLP Alerian MLP ETF | Add +4.3% | 0.34% | −0.06 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +0.1% | 0.88% | −0.09 |
| SCHD Schwab US DVD Equity ETF | Add +1.5% | 0.49% | −0.09 |
| AAPL Apple Inc. | Add +0.6% | 0.41% | −0.10 |
| SCHX Schwab US Large-Cap ETF | Add +0.1% | 66.32% | −2.51 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $307.9M | SCHX, VBIL, RSP, AVDE, IEMG |
| Q1 2026 | 45 | $248.4M | SCHX, VBIL, RSP, AVDE, IEMG |
| Q4 2025 | 38 | $164.0M | SCHX, RSP, SCHP, VTHR, BAR |
| Q3 2025 | 40 | $160.4M | SCHX, RSP, SCHP, VTHR, BAR |
| Q2 2025 | 20 | $135.0M | SCHX, RSP, SCHP, VTHR, AGG |
| Q1 2025 | 23 | $117.5M | SCHX, VBK, VIOV, SCHP, AGG |
| Q4 2024 | 20 | $114.9M | SCHX, VBK, VIOV, SCHP, VTI |