PFG Advisors
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), PFG Advisors reported 767 stock positions worth $2.1 billion. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 2.8% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 2.3%) and Invesco QQQ Trust Series 1 (QQQ, 2.1%). Compared with Q3 2025, it opened 63 new positions, sold out of 108, added to 232 and reduced 459. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +27%) and the biggest sale Microsoft (MSFT, shares −36%).
- Most Recent 13F
- Q2 2026
- Location
- Phoenix, AZ
- CIK
- 0001694435
- Portfolio Value
- $2.1B (Q4 2025)
- SEC Filing
- 0001694435-26-000001 ↗ filed Jan 27, 2026
Holdings Value
Holdings 767 stocks · $2.1B
| VUG Vanguard Mrngstar GR ETF-Sui | 2.79% | 117,736 | $57.4M | Reduce -14.8% |
| VTI VG Morningstar TS MKT ETF-US | 2.33% | 143,238 | $48.0M | Reduce -3.2% |
| QQQ Invesco QQQ Trust Series 1 | 2.06% | 69,197 | $42.5M | Reduce -22.0% |
| AAPL Apple Inc. | 2.05% | 155,081 | $42.2M | Reduce -30.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.76% | 452,727 | $36.3M | Add +26.5% |
| MSFT Microsoft Corp. | 1.67% | 71,227 | $34.4M | Reduce -36.3% |
| NVDA Nvidia Corp. | 1.54% | 169,849 | $31.7M | Reduce -30.1% |
| VOO Vanguard S&P 500 ETF | 1.38% | 45,256 | $28.4M | Reduce -0.9% |
| VIG Vanguard Dividend Apprec ETF | 1.19% | 111,271 | $24.5M | Reduce -29.2% |
| FTEC Fidelity MSCI Info Tech Indx | 1.10% | 100,631 | $22.6M | Reduce -0.0% |
| GLD SPDR Gold Shares | 1.04% | 53,953 | $21.4M | Reduce -10.4% |
| SCHD Schwab US DVD Equity ETF | 0.99% | 746,643 | $20.5M | Reduce -1.3% |
| FBND Fidelity Total Bond ETF | 0.99% | 443,364 | $20.4M | Add +4.8% |
| IVV iShares Core S&P 500 ETF | 0.91% | 27,391 | $18.8M | Add +15.8% |
| VYM Vanguard High DVD Yield ETF | 0.89% | 128,116 | $18.4M | Reduce -22.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.89% | 26,764 | $18.3M | Reduce -26.6% |
| BND Vanguard Total Bond Market | 0.87% | 241,743 | $17.9M | Add +1.9% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.85% | 374,210 | $17.4M | Add +17.6% |
| VWO Vanguard Ftse Emerging Marke | 0.83% | 319,863 | $17.2M | Reduce -2.6% |
| VXUS Vanguard Total Intl Stock | 0.80% | 218,831 | $16.5M | Reduce -0.1% |
| DFUS Dimensional US Eq MKT ETF | 0.77% | 212,680 | $15.8M | Add +8.0% |
| IEF iShares 7-10 Year Treasury B | 0.76% | 162,138 | $15.6M | Add +2.4% |
| XLG Invesco S&P 500 Top 50 ETF | 0.74% | 258,331 | $15.3M | Add +23.5% |
| AMZN Amazon.com Inc. | 0.74% | 65,624 | $15.1M | Reduce -25.7% |
| META Meta Platforms Inc. Class A | 0.71% | 22,238 | $14.7M | Add +118.9% |
| VCIT Vanguard Int-Term Corporate | 0.69% | 168,999 | $14.2M | Reduce -9.9% |
| GOOG Alphabet Inc. Class C | 0.68% | 44,935 | $14.1M | Reduce -41.6% |
| AVGO Broadcom Inc. | 0.68% | 40,323 | $14.0M | Reduce -33.5% |
| SPHB Invesco S&P 500 High Beta Et | 0.67% | 117,266 | $13.7M | Add +25.9% |
| XLC SS Comm Select Sector SPDR | 0.64% | 112,132 | $13.2M | Reduce -5.0% |
| ACWI iShares MSCI Acwi ETF | 0.63% | 92,110 | $13.0M | Reduce -4.8% |
| XLI SS Industrial Select Sector | 0.62% | 82,659 | $12.8M | Reduce -7.3% |
| SCHG Schwab US Large-Cap Growth | 0.62% | 391,406 | $12.8M | Add +21.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.61% | 293,881 | $12.5M | Reduce -4.4% |
| REMX Vaneck Rar Earth ND STG-Usdi | 0.61% | 169,654 | $12.5M | Add +1.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.61% | 24,878 | $12.5M | Reduce -41.7% |
| COST Costco Wholesale Corp. | 0.59% | 14,064 | $12.1M | Reduce -29.9% |
| RDVY First Trust Rising Dividend | 0.58% | 173,441 | $12.0M | Reduce -16.4% |
| AGG iShares Core U.S. Aggregate | 0.57% | 117,628 | $11.7M | Add +4.2% |
| JAAA Janus Henderson Aaa Clo ETF | 0.57% | 231,691 | $11.7M | Add +4.4% |
| JPM JPMorgan Chase & Co. | 0.56% | 36,018 | $11.6M | Reduce -31.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.51% | 114,810 | $10.5M | Add +5.1% |
| SCHX Schwab US Large-Cap ETF | 0.50% | 381,661 | $10.3M | Add +10.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.49% | 202,338 | $10.2M | Add +1.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.49% | 53,037 | $10.1M | Reduce -40.0% |
| EUAD Select Stoxx Eur Aer DE ETF | 0.49% | 237,462 | $10.0M | Add +18.6% |
| SGOV iShares 0-3 Month Treasury B | 0.48% | 99,049 | $9.9M | Reduce -8.3% |
| IDLV Invesco S&P International DE | 0.48% | 291,765 | $9.9M | Reduce -4.6% |
| DFAC Dimensional US Core Equity 2 | 0.47% | 247,106 | $9.8M | Reduce -1.1% |
| GSLC Goldman Activebeta US LC ETF | 0.46% | 71,054 | $9.4M | Add +1.9% |
| PG The Procter & Gamble Co. | 0.46% | 65,471 | $9.4M | Reduce -17.6% |
| VMBS Vanguard Mortgage-Backed Sec | 0.45% | 197,807 | $9.3M | Add +32.2% |
| MINT PIMCO Enhanced Short Maturit | 0.45% | 92,025 | $9.2M | Add +6.1% |
| SPLB SS SPDR P Long Term C ETF | 0.44% | 402,183 | $9.1M | Add +5.4% |
| GOOGL Alphabet Inc. Class A | 0.43% | 28,193 | $8.8M | Reduce -27.0% |
| GLDM SPDR Gold Minishares Trust | 0.43% | 103,105 | $8.8M | Add +7.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.43% | 165,753 | $8.8M | Reduce -1.9% |
| GTO Invesco Total Return Bond Et | 0.42% | 183,813 | $8.7M | Add +3.3% |
| UCON First Trust Smith Unconstrai | 0.41% | 333,109 | $8.4M | Add +0.8% |
| CWB SS SPDR BB Conv Sec ETF | 0.40% | 93,126 | $8.3M | Add +2.3% |
| XLK SS Technology Select Sector | 0.39% | 55,266 | $8.0M | Reduce -10.0% |
| QUAL iShares MSCI USA Quality Fac | 0.38% | 38,975 | $7.7M | Reduce -39.3% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.37% | 173,039 | $7.6M | Reduce -48.8% |
| SMH Vaneck Semiconductor ETF | 0.37% | 20,937 | $7.5M | Reduce -12.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.36% | 102,201 | $7.5M | Add +6.5% |
| V Visa Inc. Class A | 0.36% | 21,376 | $7.5M | Reduce -37.8% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.35% | 117,441 | $7.1M | Add +7.8% |
| SOXX iShares Semiconductor ETF | 0.34% | 23,358 | $7.0M | Reduce -4.2% |
| IMTB iShares Core 5-10 Year Usd | 0.34% | 158,569 | $7.0M | Reduce -1.7% |
| COWZ Pacer US Cash Cows 100 ETF | 0.33% | 114,564 | $6.9M | Reduce -53.3% |
| PYLD PIMCO Multisector Bond Actv | 0.33% | 252,538 | $6.7M | Add +21.5% |
| IVE iShares S&P 500 Value ETF | 0.33% | 31,720 | $6.7M | Add +37.1% |
| CAT Caterpillar Inc. | 0.32% | 11,684 | $6.7M | Reduce -34.6% |
| PTLC Pacer Trendpilot US Large Ca | 0.30% | 111,348 | $6.2M | Add +0.1% |
| IUS Invesco Rafi Strategic US Et | 0.30% | 108,036 | $6.2M | Add +14.7% |
| KLAC KLA Corp. | 0.29% | 4,987 | $6.1M | Reduce -52.1% |
| IEI iShares 3-7 Year Treasury Bo | 0.29% | 50,517 | $6.0M | Add +65.2% |
| CGGR Cap Group Growth Equity | 0.29% | 134,260 | $6.0M | Reduce -70.5% |
| CVX Chevron Corp. | 0.28% | 38,084 | $5.8M | Reduce -23.4% |
| JNJ Johnson & Johnson | 0.28% | 28,041 | $5.8M | Reduce -36.0% |
| IJH iShares Core S&P Midcap ETF | 0.28% | 86,892 | $5.7M | Reduce -6.2% |
| BIV Vanguard Intermediate-Term B | 0.27% | 71,702 | $5.6M | Add +15.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.27% | 26,265 | $5.6M | Reduce -6.8% |
| EFV iShares MSCI Eafe Value ETF | 0.27% | 77,534 | $5.5M | Reduce -20.4% |
| IVW iShares S&P 500 Growth ETF | 0.27% | 44,885 | $5.5M | Add +23.2% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.26% | 135,266 | $5.4M | Add +8.3% |
| XTEN Bondbloxx BBG 10Y US TSY ETF | 0.26% | 116,966 | $5.4M | Add +1.7% |
| HD Home Depot Inc. | 0.26% | 15,350 | $5.3M | Reduce -30.6% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.25% | 49,841 | $5.1M | Add +9.2% |
| DFUV Dimensional US Marketwide Va | 0.25% | 109,388 | $5.1M | Reduce -5.4% |
| EME Emcor Group Inc. | 0.24% | 8,224 | $5.0M | Reduce -40.8% |
| VONG Vanguard Russell 1000 Growth | 0.24% | 41,225 | $5.0M | Reduce -0.1% |
| DFAE Dimensional Emerging Core Eq | 0.24% | 151,858 | $4.9M | Reduce -14.1% |
| DFCF Dimensional Core Fixed Inc. | 0.24% | 116,038 | $4.9M | Reduce -32.7% |
| VIGI Vanguard Int Div App Indx FD | 0.24% | 53,553 | $4.9M | Reduce -14.9% |
| APH Amphenol Corp. Class A | 0.23% | 35,496 | $4.8M | Reduce -44.2% |
| DHR Danaher Corp. | 0.23% | 20,682 | $4.7M | Reduce -46.6% |
| FTCS First Trust Capital Strength | 0.22% | 49,710 | $4.6M | Reduce -44.0% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.22% | 17,727 | $4.6M | Reduce -45.9% |
| DFAI Dimensional International Co. | 0.22% | 120,171 | $4.6M | Add +3.6% |
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -36.3% | 1.67% | −0.70 |
| CGGR Cap Group Growth Equity | Reduce -70.5% | 0.29% | −0.53 |
| JEPI JPMorgan Equity Premium Inco | Reduce -76.3% | 0.19% | −0.48 |
| NVDA Nvidia Corp. | Reduce -30.1% | 1.54% | −0.32 |
| AAPL Apple Inc. | Reduce -30.6% | 2.05% | −0.28 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -41.7% | 0.61% | −0.27 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -53.3% | 0.33% | −0.24 |
| CGDV Cap Group Dividend Value | Reduce -48.8% | 0.37% | −0.22 |
| VTIP Vanguard Short-Term Tips | Reduce -95.8% | 0.01% | −0.21 |
| VIG Vanguard Dividend Apprec ETF | Reduce -29.2% | 1.19% | −0.20 |
| AJG Arthur J Gallagher & Co. | Reduce -45.9% | 0.22% | −0.19 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -73.0% | 0.09% | −0.19 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -40.0% | 0.49% | −0.18 |
| COST Costco Wholesale Corp. | Reduce -29.9% | 0.59% | −0.17 |
| KLAC KLA Corp. | Reduce -52.1% | 0.29% | −0.17 |
| MDY State Street SPDR S&P Midcap | Reduce -89.7% | 0.02% | −0.15 |
| IDXX Idexx Laboratories Inc. | Reduce -58.0% | 0.17% | −0.15 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -78.5% | 0.05% | −0.15 |
| SNPS Synopsys Inc. | Reduce -47.6% | 0.21% | −0.14 |
| AVGO Broadcom Inc. | Reduce -33.5% | 0.68% | −0.14 |
| QUAL iShares MSCI USA Quality Fac | Reduce -39.3% | 0.38% | −0.14 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -92.1% | 0.01% | −0.13 |
| EME Emcor Group Inc. | Reduce -40.8% | 0.24% | −0.13 |
| TSLA Tesla Inc. | Reduce -48.6% | 0.20% | −0.13 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -66.1% | 0.08% | −0.12 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -22.0% | 2.06% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -31.6% | 0.56% | −0.12 |
| FTCS First Trust Capital Strength | Reduce -44.0% | 0.22% | −0.12 |
| V Visa Inc. Class A | Reduce -37.8% | 0.36% | −0.12 |
| BWXT BWX Technologies Inc. | Reduce -46.5% | 0.16% | −0.11 |
| ACN Accenture PLC Class A | Reduce -52.7% | 0.17% | −0.11 |
| HD Home Depot Inc. | Reduce -30.6% | 0.26% | −0.11 |
| VCR Vanguard Consumer Discre ETF | Reduce -45.5% | 0.20% | −0.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -26.6% | 0.89% | −0.11 |
| GOVT iShares US Treasury Bond ETF | Reduce -64.9% | 0.08% | −0.11 |
| PNQI Invesco Nasdaq Internet ETF | Reduce -54.3% | 0.12% | −0.11 |
| ADP Automatic Data Processing | Reduce -44.1% | 0.14% | −0.10 |
| CDNS Cadence Design SYS Inc. | Reduce -45.2% | 0.14% | −0.10 |
| FSK FS KKR Capital Corp. | Reduce -92.8% | 0.01% | −0.10 |
| UFEB Innovator U.S. Equity Ultra | Reduce -91.6% | 0.01% | −0.10 |
| UNP Union Pacific Corp. | Reduce -43.9% | 0.19% | −0.10 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -58.8% | 0.10% | −0.10 |
| WCN Waste Connections Inc. | Reduce -53.4% | 0.12% | −0.10 |
| SHYG iShares 0-5 YR HY Corp. Bond | Sold out | 0.00% | −0.10 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −0.09 |
| RSP Invesco S&P 500 Equal Weight | Reduce -60.3% | 0.08% | −0.09 |
| IMCG iShares Morningstar Mid-Cap | Reduce -74.1% | 0.04% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -52.9% | 0.11% | −0.09 |
| SYK Stryker Corp. | Reduce -39.8% | 0.19% | −0.09 |
| AME Ametek Inc. | Reduce -48.5% | 0.18% | −0.09 |
Portfolio Buys Q3 2025 → Q4 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +26.5% | 1.76% | +0.61 |
| META Meta Platforms Inc. Class A | Add +118.9% | 0.71% | +0.41 |
| IVV iShares Core S&P 500 ETF | Add +15.8% | 0.91% | +0.26 |
| XLG Invesco S&P 500 Top 50 ETF | Add +23.5% | 0.74% | +0.25 |
| SPHB Invesco S&P 500 High Beta Et | Add +25.9% | 0.67% | +0.25 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +17.6% | 0.85% | +0.24 |
| SCHG Schwab US Large-Cap Growth | Add +21.5% | 0.62% | +0.20 |
| FBND Fidelity Total Bond ETF | Add +4.8% | 0.99% | +0.19 |
| DFUS Dimensional US Eq MKT ETF | Add +8.0% | 0.77% | +0.18 |
| VMBS Vanguard Mortgage-Backed Sec | Add +32.2% | 0.45% | +0.16 |
| REMX Vaneck Rar Earth ND STG-Usdi | Add +1.5% | 0.61% | +0.16 |
| CGMS Cap Group US Multi-Sect Bond | Add +278.5% | 0.20% | +0.15 |
| SCHA Schwab US Small-Cap ETF | Add +158.9% | 0.22% | +0.15 |
| GAIN Gladstone Investment Corp. | Add +206.0% | 0.21% | +0.15 |
| BND Vanguard Total Bond Market | Add +1.9% | 0.87% | +0.15 |
| IEI iShares 3-7 Year Treasury Bo | Add +65.2% | 0.29% | +0.14 |
| IEF iShares 7-10 Year Treasury B | Add +2.4% | 0.76% | +0.13 |
| IVE iShares S&P 500 Value ETF | Add +37.1% | 0.33% | +0.13 |
| SCHX Schwab US Large-Cap ETF | Add +10.6% | 0.50% | +0.13 |
| GLDM SPDR Gold Minishares Trust | Add +7.3% | 0.43% | +0.13 |
| DFGP Dimensional GLBL Core PL Fix | New | 0.12% | +0.12 |
| NVBW Alnzim US Eqt BFR2 No Et-Usd | Add +787.8% | 0.13% | +0.12 |
| RKT Rocket Cos Inc. Class A | New | 0.11% | +0.11 |
| SPMO Invesco S&P 500 Momentum ETF | Add +92.9% | 0.20% | +0.11 |
| JAAA Janus Henderson Aaa Clo ETF | Add +4.4% | 0.57% | +0.11 |
| AGG iShares Core U.S. Aggregate | Add +4.2% | 0.57% | +0.11 |
| JANW Alianzim US Eq BFR20 Jan-Usd | Add +314.9% | 0.13% | +0.10 |
| EUAD Select Stoxx Eur Aer DE ETF | Add +18.6% | 0.49% | +0.10 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +5.1% | 0.51% | +0.10 |
| PYLD PIMCO Multisector Bond Actv | Add +21.5% | 0.33% | +0.10 |
| JIVE JPM Interntl Value ETF | New | 0.10% | +0.10 |
| SCHF Schwab Intl Equity ETF | Add +315.2% | 0.12% | +0.10 |
| FVAL Fidelity Value Factor ETF | Add +41.4% | 0.21% | +0.09 |
| MINT PIMCO Enhanced Short Maturit | Add +6.1% | 0.45% | +0.09 |
| AVEM Avantis Emerging Markets Eq | New | 0.09% | +0.09 |
| IVW iShares S&P 500 Growth ETF | Add +23.2% | 0.27% | +0.09 |
| IUS Invesco Rafi Strategic US Et | Add +14.7% | 0.30% | +0.09 |
| BAI Ishrs AI in and Tech Act ETF | Add +206.5% | 0.12% | +0.08 |
| VEU Vanguard Ftse All-World Ex-U | Add +6.5% | 0.36% | +0.08 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +1.4% | 0.49% | +0.08 |
| GSLC Goldman Activebeta US LC ETF | Add +1.9% | 0.46% | +0.08 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +7.8% | 0.35% | +0.08 |
| SPLB SS SPDR P Long Term C ETF | Add +5.4% | 0.44% | +0.08 |
| CGBL Cap Group Core Balanced | Add +43.5% | 0.19% | +0.08 |
| IBTO iShares Ibonds Dec 2033 Tres | Add +126.2% | 0.12% | +0.08 |
| GTO Invesco Total Return Bond Et | Add +3.3% | 0.42% | +0.08 |
| PIZ Invesco Dorsey Wright Develo | New | 0.08% | +0.08 |
| BRTR iShares Total Return Act ETF | Add +401.5% | 0.09% | +0.07 |
| BIV Vanguard Intermediate-Term B | Add +15.9% | 0.27% | +0.07 |
| DGCB Dimensional Global Credit | New | 0.07% | +0.07 |
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 |