PFG Advisors
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 6, 2025), PFG Advisors reported 695 stock positions worth $1.8 billion. Its top holding was Apple (AAPL) at 2.4% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 2.1%) and Vanguard Mrngstar GR ETF-Sui (VUG, 2.1%). Compared with Q4 2024, it opened 38 new positions, sold out of 32, added to 424 and reduced 213. The biggest buy was a new position in iShares Core High Dividend E (HDV) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- Phoenix, AZ
- CIK
- 0001694435
- Portfolio Value
- $1.8B (Q1 2025)
- SEC Filing
- 0001085146-25-002613 ↗ filed May 6, 2025
Holdings Value
Holdings 695 stocks · $1.8B
| AAPL Apple Inc. | 2.39% | 192,449 | $42.7M | Add +12.7% |
| QQQ Invesco QQQ Trust Series 1 | 2.14% | 81,777 | $38.3M | Add +0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.12% | 102,522 | $38.0M | Reduce -8.9% |
| MSFT Microsoft Corp. | 1.92% | 91,515 | $34.4M | Add +28.6% |
| VTI VG Morningstar TS MKT ETF-US | 1.88% | 122,375 | $33.6M | Reduce -5.7% |
| VOO Vanguard S&P 500 ETF | 1.46% | 50,920 | $26.2M | Add +2.5% |
| VIG Vanguard Dividend Apprec ETF | 1.30% | 119,596 | $23.2M | Add +21.5% |
| COWZ Pacer US Cash Cows 100 ETF | 1.14% | 372,985 | $20.4M | Reduce -6.0% |
| NVDA Nvidia Corp. | 1.14% | 187,891 | $20.4M | Add +9.7% |
| SCHD Schwab US DVD Equity ETF | 1.11% | 712,370 | $19.9M | Add +2.5% |
| GLD SPDR Gold Shares | 1.08% | 66,911 | $19.3M | Reduce -6.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.06% | 35,726 | $19.0M | Add +16.3% |
| QUAL iShares MSCI USA Quality Fac | 1.03% | 107,767 | $18.4M | Add +4.9% |
| VYM Vanguard High DVD Yield ETF | 0.94% | 131,089 | $16.9M | Add +16.6% |
| BND Vanguard Total Bond Market | 0.91% | 222,572 | $16.3M | Add +26.1% |
| FBND Fidelity Total Bond ETF | 0.89% | 347,124 | $15.8M | Add +24.2% |
| COST Costco Wholesale Corp. | 0.87% | 16,547 | $15.7M | Add +19.0% |
| JEPI JPMorgan Equity Premium Inco | 0.87% | 272,775 | $15.6M | Add +8.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.85% | 88,318 | $15.3M | Add +51.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.83% | 26,690 | $14.9M | Add +1.8% |
| AMZN Amazon.com Inc. | 0.79% | 74,540 | $14.2M | Add +15.0% |
| IEF iShares 7-10 Year Treasury B | 0.78% | 146,223 | $13.9M | Add +0.7% |
| FTEC Fidelity MSCI Info Tech Indx | 0.78% | 86,411 | $13.9M | Add +1.9% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.78% | 301,590 | $13.9M | Add +8.4% |
| PG The Procter & Gamble Co. | 0.75% | 79,006 | $13.5M | Add +42.0% |
| IVV iShares Core S&P 500 ETF | 0.75% | 23,759 | $13.4M | Add +1.2% |
| VWO Vanguard Ftse Emerging Marke | 0.74% | 294,027 | $13.3M | Add +4.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.74% | 200,805 | $13.2M | Add +39.8% |
| CGGR Cap Group Growth Equity | 0.70% | 365,745 | $12.5M | Add +1.2% |
| VCIT Vanguard Int-Term Corporate | 0.69% | 149,947 | $12.3M | Add +7.2% |
| RDVY First Trust Rising Dividend | 0.67% | 204,638 | $12.0M | Add +1.9% |
| XLI SS Industrial Select Sector | 0.65% | 89,318 | $11.7M | Add +1.5% |
| VXUS Vanguard Total Intl Stock | 0.65% | 186,993 | $11.6M | Add +68.1% |
| PTLC Pacer Trendpilot US Large Ca | 0.65% | 224,733 | $11.6M | Add +8.5% |
| AGG iShares Core U.S. Aggregate | 0.64% | 116,159 | $11.5M | Add +0.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.63% | 143,411 | $11.3M | Reduce -0.7% |
| SPLV Invesco S&P 500 Low Volatili | 0.61% | 146,339 | $10.9M | Add +192.3% |
| JPM JPMorgan Chase & Co. | 0.57% | 41,630 | $10.2M | Add +24.2% |
| ACWI iShares MSCI Acwi ETF | 0.56% | 86,812 | $10.1M | Reduce -10.2% |
| FTCS First Trust Capital Strength | 0.56% | 112,658 | $10.1M | Reduce -8.8% |
| XLC SS Comm Select Sector SPDR | 0.56% | 104,580 | $10.1M | Add +7.1% |
| DFUS Dimensional US Eq MKT ETF | 0.55% | 163,164 | $9.9M | Add +6.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.54% | 194,957 | $9.7M | Add +50.2% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.54% | 354,071 | $9.7M | Add +4.8% |
| GOOG Alphabet Inc. Class C | 0.54% | 61,458 | $9.6M | Add +33.2% |
| V Visa Inc. Class A | 0.51% | 26,151 | $9.2M | Add +15.4% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.50% | 25,753 | $8.9M | Add +37.0% |
| AMLP Alerian MLP ETF | 0.49% | 167,877 | $8.7M | Reduce -10.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.47% | 161,213 | $8.4M | Reduce -3.7% |
| AVGO Broadcom Inc. | 0.46% | 49,421 | $8.3M | Add +32.6% |
| BLV Vanguard Long-Term Bond ETF | 0.43% | 109,662 | $7.7M | Add +7.8% |
| HDV iShares Core High Dividend E | 0.43% | 62,883 | $7.6M | New |
| SCHG Schwab US Large-Cap Growth | 0.42% | 302,351 | $7.6M | Reduce -7.7% |
| GTO Invesco Total Return Bond Et | 0.42% | 161,196 | $7.6M | Add +8.8% |
| USFR Wisdomtree Floating Rate Tre | 0.41% | 147,080 | $7.4M | Add +257.0% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.41% | 197,341 | $7.4M | Reduce -8.6% |
| SPTI SS SPDR P Int Term TSY ETF | 0.41% | 258,336 | $7.4M | New |
| IDLV Invesco S&P International DE | 0.41% | 242,943 | $7.4M | New |
| SPTS SS SPDR P St Term TSY ETF | 0.41% | 248,482 | $7.3M | New |
| SPLB SS SPDR P Long Term C ETF | 0.41% | 321,803 | $7.3M | Add +3.3% |
| GSLC Goldman Activebeta US LC ETF | 0.41% | 65,847 | $7.2M | Add +5.3% |
| DFAC Dimensional US Core Equity 2 | 0.39% | 211,245 | $7.0M | Add +3.5% |
| GLDM SPDR Gold Minishares Trust | 0.39% | 111,759 | $6.9M | Add +665.9% |
| CVX Chevron Corp. | 0.39% | 41,302 | $6.9M | Add +10.0% |
| IMTB iShares Core 5-10 Year Usd | 0.37% | 154,577 | $6.7M | Add +0.8% |
| UCON First Trust Smith Unconstrai | 0.37% | 270,892 | $6.7M | Add +13.8% |
| ACN Accenture PLC Class A | 0.37% | 21,005 | $6.6M | Add +28.5% |
| HD Home Depot Inc. | 0.36% | 17,572 | $6.4M | Add +19.3% |
| VMBS Vanguard Mortgage-Backed Sec | 0.35% | 136,123 | $6.3M | Add +2.2% |
| DFCF Dimensional Core Fixed Inc. | 0.35% | 147,313 | $6.2M | Add +9.1% |
| DHR Danaher Corp. | 0.34% | 29,714 | $6.1M | Add +40.3% |
| UNH Unitedhealth Group Inc. | 0.33% | 11,322 | $5.9M | Add +19.9% |
| XLK SS Technology Select Sector | 0.33% | 28,607 | $5.9M | Add +11.4% |
| JNJ Johnson & Johnson | 0.33% | 35,574 | $5.9M | Add +22.7% |
| SMH Vaneck Semiconductor ETF | 0.32% | 27,127 | $5.7M | Reduce -52.8% |
| IVW iShares S&P 500 Growth ETF | 0.32% | 61,580 | $5.7M | Add +8.0% |
| KLAC KLA Corp. | 0.32% | 8,390 | $5.7M | Add +42.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.31% | 91,978 | $5.6M | Add +30.9% |
| SYK Stryker Corp. | 0.31% | 14,841 | $5.5M | Add +30.4% |
| ABBV Abbvie Inc. | 0.31% | 26,341 | $5.5M | Add +17.8% |
| SCHB Schwab US Broad Market ETF | 0.31% | 255,879 | $5.5M | Reduce -0.3% |
| AMGN Amgen Inc. | 0.31% | 17,557 | $5.5M | Add +37.3% |
| SCHX Schwab US Large-Cap ETF | 0.30% | 244,139 | $5.4M | Add +4.5% |
| UNP Union Pacific Corp. | 0.30% | 22,476 | $5.3M | Add +28.5% |
| PAYX Paychex Inc. | 0.29% | 33,726 | $5.2M | Add +24.6% |
| GOOGL Alphabet Inc. Class A | 0.28% | 32,661 | $5.1M | Add +15.4% |
| XLV SS Health Care Select Sector | 0.28% | 34,316 | $5.0M | Add +16.6% |
| ANSS Ansys Inc. | 0.28% | 15,812 | $5.0M | Add +38.3% |
| SPGI S&P Global Inc. | 0.28% | 9,843 | $5.0M | Add +27.1% |
| CAT Caterpillar Inc. | 0.28% | 15,127 | $5.0M | Add +63.8% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.28% | 102,306 | $5.0M | Add +8.3% |
| RSP Invesco S&P 500 Equal Weight | 0.28% | 28,757 | $5.0M | Add +68.5% |
| VCR Vanguard Consumer Discre ETF | 0.28% | 15,144 | $4.9M | Add +47.0% |
| CHD Church & Dwight Co. Inc. | 0.27% | 44,180 | $4.9M | Add +45.6% |
| IWM iShares Russell 2000 ETF | 0.27% | 24,289 | $4.8M | Add +9.9% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.27% | 134,704 | $4.8M | Add +39.1% |
| ADP Automatic Data Processing | 0.27% | 15,616 | $4.8M | Add +38.0% |
| WCN Waste Connections Inc. | 0.26% | 24,267 | $4.7M | Add +46.5% |
| IJH iShares Core S&P Midcap ETF | 0.26% | 81,122 | $4.7M | Add +2.7% |
| ROP Roper Technologies Inc. | 0.26% | 7,917 | $4.7M | Add +25.4% |
Portfolio Sells Q4 2024 → Q1 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -8.9% | 2.12% | −0.70 |
| FDN First Trust DJ Internet Ind | Reduce -70.9% | 0.18% | −0.55 |
| SMH Vaneck Semiconductor ETF | Reduce -52.8% | 0.32% | −0.53 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.7% | 1.88% | −0.42 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -69.2% | 0.13% | −0.37 |
| FNA Paragon 28 Inc. | Sold out | 0.00% | −0.24 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -6.0% | 1.14% | −0.23 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -8.6% | 0.41% | −0.17 |
| NFLT Virtus Newfleet Multi-Sector | Reduce -80.2% | 0.03% | −0.15 |
| SCHG Schwab US Large-Cap Growth | Reduce -7.7% | 0.42% | −0.14 |
| ACWI iShares MSCI Acwi ETF | Reduce -10.2% | 0.56% | −0.13 |
| VONG Vanguard Russell 1000 Growth | Reduce -21.2% | 0.23% | −0.13 |
| TLT iShares 20+ Year Treasury BD | Reduce -47.2% | 0.11% | −0.11 |
| MRVL Marvell Technology Inc. | Reduce -1.2% | 0.11% | −0.11 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -25.8% | 0.18% | −0.11 |
| IXUS iShares Core Intl Stock ETF | Reduce -86.6% | 0.02% | −0.10 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.10 |
| FTCS First Trust Capital Strength | Reduce -8.8% | 0.56% | −0.10 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -31.2% | 0.15% | −0.08 |
| DEM Wisdomtree Emerging Markets | Reduce -78.2% | 0.02% | −0.07 |
| IWF iShares Russell 1000 Growth | Reduce -17.8% | 0.14% | −0.07 |
| ARKK ARK Innovation ETF | Reduce -12.1% | 0.14% | −0.07 |
| AMLP Alerian MLP ETF | Reduce -10.3% | 0.49% | −0.06 |
| FIXD First Trust Smith Opportunis | Reduce -22.3% | 0.16% | −0.06 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -3.7% | 0.47% | −0.06 |
| IMCG iShares Morningstar Mid-Cap | Reduce -13.8% | 0.17% | −0.06 |
| SCHB Schwab US Broad Market ETF | Reduce -0.3% | 0.31% | −0.05 |
| ITB iShares U.S. Home Constructi | Reduce -31.8% | 0.07% | −0.05 |
| FLRT Pacer Aristotle Pacific Floa | Reduce -76.0% | 0.01% | −0.05 |
| XBI SS SPDR S&P Biotech ETF | Reduce -28.3% | 0.07% | −0.05 |
| FVD First Trust Value Line DVD | Reduce -15.3% | 0.17% | −0.04 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Reduce -29.2% | 0.09% | −0.04 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -75.1% | 0.01% | −0.04 |
| DIVI Franklin International Core | Sold out | 0.00% | −0.04 |
| FSK FS KKR Capital Corp. | Reduce -4.0% | 0.21% | −0.04 |
| EPI Wisdomtree India Earnings | Reduce -56.0% | 0.02% | −0.04 |
| FTA First Trust L C Val Alp | Reduce -20.3% | 0.10% | −0.04 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -0.7% | 0.63% | −0.04 |
| RSPT Invesco S&P 500 Equal Weight | Reduce -35.5% | 0.04% | −0.04 |
| TDIV FT Nasdaq Tech DVD Index FD | Reduce -23.4% | 0.07% | −0.04 |
| IWD iShares Russell 1000 Value E | Reduce -28.5% | 0.07% | −0.04 |
| VIOO Vanguard S&P Small-Cap 600 E | Reduce -6.8% | 0.12% | −0.04 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -9.7% | 0.11% | −0.03 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -22.9% | 0.09% | −0.03 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -17.5% | 0.10% | −0.03 |
| MDY State Street SPDR S&P Midcap | Reduce -1.6% | 0.17% | −0.03 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -4.3% | 0.13% | −0.03 |
| FTGS First Trust Grwth Strgth ETF | Reduce -26.6% | 0.05% | −0.03 |
| APP AppLovin Corp. Class A | Reduce -17.8% | 0.05% | −0.03 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Reduce -6.7% | 0.13% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| HDV iShares Core High Dividend E | New | 0.43% | +0.43 |
| SPTI SS SPDR P Int Term TSY ETF | New | 0.41% | +0.41 |
| IDLV Invesco S&P International DE | New | 0.41% | +0.41 |
| SPTS SS SPDR P St Term TSY ETF | New | 0.41% | +0.41 |
| SPLV Invesco S&P 500 Low Volatili | Add +192.3% | 0.61% | +0.40 |
| GLDM SPDR Gold Minishares Trust | Add +665.9% | 0.39% | +0.34 |
| USFR Wisdomtree Floating Rate Tre | Add +257.0% | 0.41% | +0.29 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +51.9% | 0.85% | +0.25 |
| VXUS Vanguard Total Intl Stock | Add +68.1% | 0.65% | +0.25 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +16.3% | 1.06% | +0.21 |
| BIV Vanguard Intermediate-Term B | Add +367.4% | 0.25% | +0.19 |
| PG The Procter & Gamble Co. | Add +42.0% | 0.75% | +0.18 |
| AJG Arthur J Gallagher & Co. | Add +37.0% | 0.50% | +0.17 |
| EME Emcor Group Inc. | Add +527.4% | 0.21% | +0.16 |
| PYLD PIMCO Multisector Bond Actv | Add +442.1% | 0.18% | +0.15 |
| DIA SS SPDR Dow Jones Indus Avg | Add +795.7% | 0.17% | +0.14 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +50.2% | 0.54% | +0.14 |
| XTEN Bondbloxx BBG 10Y US TSY ETF | New | 0.14% | +0.14 |
| BND Vanguard Total Bond Market | Add +26.1% | 0.91% | +0.14 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +39.8% | 0.74% | +0.13 |
| FBND Fidelity Total Bond ETF | Add +24.2% | 0.89% | +0.12 |
| VIG Vanguard Dividend Apprec ETF | Add +21.5% | 1.30% | +0.12 |
| CRH CRH PLC | New | 0.11% | +0.11 |
| AMGN Amgen Inc. | Add +37.3% | 0.31% | +0.10 |
| VXF Vanguard Extended Market ETF | Add +297.5% | 0.14% | +0.10 |
| JPC Nuveen Prefered & Income Opp | New | 0.10% | +0.10 |
| TIP iShares Tips Bond ETF | Add +409.4% | 0.12% | +0.10 |
| RSP Invesco S&P 500 Equal Weight | Add +68.5% | 0.28% | +0.10 |
| HEDJ Wisdomtree Europe Hedged Equ | Add +154.5% | 0.16% | +0.10 |
| COST Costco Wholesale Corp. | Add +19.0% | 0.87% | +0.09 |
| XLF SS Financial Select Sector | Add +285.3% | 0.13% | +0.09 |
| KLAC KLA Corp. | Add +42.0% | 0.32% | +0.09 |
| WCN Waste Connections Inc. | Add +46.5% | 0.26% | +0.09 |
| HEFA Isha Curr Hedged MSCI Eafe | Add +90.2% | 0.20% | +0.09 |
| XLE SS Energy Select Sector | Add +69.8% | 0.21% | +0.08 |
| MSFT Microsoft Corp. | Add +28.6% | 1.92% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +24.2% | 0.57% | +0.08 |
| CHD Church & Dwight Co. Inc. | Add +45.6% | 0.27% | +0.08 |
| V Visa Inc. Class A | Add +15.4% | 0.51% | +0.07 |
| CAT Caterpillar Inc. | Add +63.8% | 0.28% | +0.07 |
| IVE iShares S&P 500 Value ETF | Add +66.3% | 0.22% | +0.07 |
| JNJ Johnson & Johnson | Add +22.7% | 0.33% | +0.07 |
| ORLY O'reilly Automotive Inc. | Add +37.5% | 0.21% | +0.07 |
| VYM Vanguard High DVD Yield ETF | Add +16.6% | 0.94% | +0.07 |
| ABBV Abbvie Inc. | Add +17.8% | 0.31% | +0.07 |
| FENI Fidelity Enhanced Intl ETF | New | 0.06% | +0.06 |
| VEU Vanguard Ftse All-World Ex-U | Add +30.9% | 0.31% | +0.06 |
| ADP Automatic Data Processing | Add +38.0% | 0.27% | +0.06 |
| FDVV Fidelity High Dividend ETF | Add +132.5% | 0.12% | +0.06 |
| BNDX Vanguard Total Intl Bond ETF | Add +54.3% | 0.22% | +0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 791 | $2.0B | QQQ, VUG, VTI, AAPL, SPYM |
| Q1 2026 | 788 | $2.1B | VTI, VUG, AAPL, QQQ, SCHD |
| Q4 2025 | 767 | $2.1B | VUG, VTI, QQQ, AAPL, SPYM |
| Q3 2025 | 812 | $2.4B | VUG, MSFT, AAPL, QQQ, VTI |
| Q2 2025 | 623 | $2.2B | VOO, VOOG, IAU, SCHW, MU |
| Q1 2025 | 695 | $1.8B | AAPL, QQQ, VUG, MSFT, VTI |
| Q4 2024 | 689 | $1.6B | VUG, AAPL, QQQ, VTI, MSFT |
| Q3 2024 | 691 | $1.6B | AAPL, QQQ, VUG, MSFT, VTI |
| Q2 2024 | 666 | $1.5B | AAPL, QQQ, VUG, MSFT, COWZ |
| Q1 2024 | 641 | $1.4B | QQQ, VUG, MSFT, AAPL, COWZ |