RFG Holdings, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), RFG Holdings, Inc. reported 64 stock positions worth $398.8 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 28.4% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 12.9%) and Invesco Senior Loan ETF (BKLN, 10.0%). Compared with Q3 2025, it opened 4 new positions, sold out of 1, added to 36 and reduced 17. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +2%) and the biggest sale SS SPDR P High Yield ETF (SPHY, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- Argyle, TX
- CIK
- 0001845210
- Portfolio Value
- $398.8M (Q4 2025)
- SEC Filing
- 0001845210-26-000001 ↗ filed Jan 23, 2026
Holdings Value
Holdings 64 stocks · $398.8M
| VOO Vanguard S&P 500 ETF | 28.40% | 180,604 | $113.3M | Add +1.6% |
| QQQ Invesco QQQ Trust Series 1 | 12.92% | 83,900 | $51.5M | Add +0.2% |
| BKLN Invesco Senior Loan ETF | 9.95% | 1,890,406 | $39.7M | Add +0.6% |
| PYLD PIMCO Multisector Bond Actv | 7.82% | 1,169,134 | $31.2M | Add +3.9% |
| SPHY SS SPDR P High Yield ETF | 6.24% | 1,051,279 | $24.9M | Reduce -0.3% |
| VOOG Vanguard S&P 500 Growth ETF | 4.60% | 41,284 | $18.4M | Add +1.3% |
| KBWB Invesco KBW Bank ETF | 4.24% | 200,810 | $16.9M | Add +0.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.55% | 54,863 | $14.2M | Add +2.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.37% | 32,514 | $9.4M | Add +3.6% |
| NVDA Nvidia Corp. | 1.08% | 23,095 | $4.3M | Add +7.9% |
| FLIN Franklin Ftse India ETF | 1.08% | 111,204 | $4.3M | Add +2.1% |
| AAPL Apple Inc. | 1.07% | 15,706 | $4.3M | Add +3.5% |
| VIOV Vanguard S&P Small-Cap 600 V | 0.97% | 39,758 | $3.9M | Reduce -9.7% |
| MSFT Microsoft Corp. | 0.88% | 7,248 | $3.5M | Add +12.1% |
| SCHH Schwab US REIT ETF | 0.87% | 165,267 | $3.5M | Reduce -0.8% |
| PLTR Palantir Technologies Inc. Class A | 0.83% | 18,614 | $3.3M | Add +4.8% |
| GOOG Alphabet Inc. Class C | 0.78% | 9,894 | $3.1M | Add +1.9% |
| AMZN Amazon.com Inc. | 0.75% | 12,996 | $3.0M | Add +8.5% |
| AVGO Broadcom Inc. | 0.74% | 8,473 | $2.9M | Add +2.3% |
| ARGT Global X MSCI Argentina ETF | 0.72% | 31,330 | $2.9M | Add +2.5% |
| HOOD Robinhood Markets Inc. Class A | 0.71% | 25,158 | $2.8M | Add +1.3% |
| AMD Advanced Micro Devices | 0.68% | 12,576 | $2.7M | Add +2.3% |
| TSLA Tesla Inc. | 0.66% | 5,816 | $2.6M | Reduce -2.4% |
| META Meta Platforms Inc. Class A | 0.61% | 3,704 | $2.4M | Add +11.1% |
| VDE Vanguard Energy ETF | 0.59% | 18,597 | $2.3M | Reduce -7.9% |
| MINT PIMCO Enhanced Short Maturit | 0.51% | 20,245 | $2.0M | Reduce -19.1% |
| OXY Occidental Petroleum Corp. | 0.48% | 46,849 | $1.9M | Add +4.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.44% | 5,730 | $1.7M | Add +5.7% |
| NFLX Netflix Inc. | 0.42% | 17,933 | $1.7M | Add +6.2% |
| SNOW Snowflake Inc. | 0.41% | 7,542 | $1.7M | Add +4.2% |
| CRM Salesforce Inc. | 0.39% | 5,935 | $1.6M | Add +6.5% |
| DXJ Wisdomtree Japan Hedged Eq | 0.38% | 10,397 | $1.5M | Reduce -5.5% |
| UBER Uber Technologies Inc. | 0.33% | 15,946 | $1.3M | Add +2.1% |
| XOM Exxon Mobil Corp. | 0.29% | 9,527 | $1.1M | Add +0.1% |
| XOP SS SPDR S&P Og Exp & Prod | 0.28% | 8,841 | $1.1M | Reduce -8.7% |
| GOOGL Alphabet Inc. Class A | 0.24% | 3,091 | $968K | Add +1.3% |
| CRWV Coreweave Inc. Class A | 0.24% | 13,502 | $967K | Reduce -2.6% |
| EPD Enterprise Products Partners | 0.19% | 23,851 | $765K | New |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.16% | 7,703 | $635K | No change |
| VGT Vanguard Info Tech ETF | 0.16% | 821 | $619K | Reduce -1.8% |
| ORCL Oracle Corp. | 0.14% | 2,788 | $543K | Reduce -8.3% |
| BITB Bitwise Bitcoin ETF | 0.14% | 11,394 | $542K | Reduce -1.8% |
| JPM JPMorgan Chase & Co. | 0.12% | 1,446 | $466K | Add +9.9% |
| PGF Invesco Financial Preferred | 0.11% | 32,110 | $454K | Reduce -22.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.10% | 1,494 | $417K | Add +0.3% |
| CAT Caterpillar Inc. | 0.09% | 654 | $375K | Add +0.9% |
| LLY Eli Lilly & Co. | 0.09% | 347 | $373K | Add +1.2% |
| VONV Vanguard Russell 1000 Value | 0.09% | 3,988 | $368K | Reduce -2.4% |
| ATO Atmos Energy Corp. | 0.08% | 1,916 | $321K | No change |
| CI The Cigna Group | 0.08% | 1,159 | $319K | Reduce -0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.08% | 651 | $318K | No change |
| WMT Walmart Inc. | 0.08% | 2,744 | $306K | Add +16.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.08% | 604 | $304K | Add +11.7% |
| DFAC Dimensional US Core Equity 2 | 0.07% | 7,521 | $298K | No change |
| BBJP JPMorgan Betabuilders Japan | 0.07% | 4,505 | $297K | No change |
| CVX Chevron Corp. | 0.07% | 1,874 | $286K | Add +0.1% |
| IVV iShares Core S&P 500 ETF | 0.07% | 380 | $260K | Reduce -4.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.06% | 1,334 | $255K | New |
| XLF SS Financial Select Sector | 0.06% | 4,624 | $253K | No change |
| SRLN SS Blackstone Sr Loan ETF | 0.06% | 5,996 | $247K | No change |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.06% | 1,104 | $234K | Add +0.6% |
| C Citigroup Inc. | 0.06% | 1,898 | $222K | New |
| TRGP Targa Resources Corp. | 0.06% | 1,197 | $221K | New |
| DE Deere & Co. | 0.05% | 467 | $217K | Reduce -0.8% |
Options reported separately and not counted above: TSM calls ($61K), BITB calls ($10K).
Portfolio Sells Q3 2025 → Q4 2025
| SPHY SS SPDR P High Yield ETF | Reduce -0.3% | 6.24% | −0.28 |
| CRWV Coreweave Inc. Class A | Reduce -2.6% | 0.24% | −0.25 |
| MINT PIMCO Enhanced Short Maturit | Reduce -19.1% | 0.51% | −0.14 |
| VIOV Vanguard S&P Small-Cap 600 V | Reduce -9.7% | 0.97% | −0.11 |
| ORCL Oracle Corp. | Reduce -8.3% | 0.14% | −0.08 |
| VDE Vanguard Energy ETF | Reduce -7.9% | 0.59% | −0.07 |
| SCHH Schwab US REIT ETF | Reduce -0.8% | 0.87% | −0.06 |
| DUOL Duolingo | Sold out | 0.00% | −0.06 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -8.7% | 0.28% | −0.05 |
| BITB Bitwise Bitcoin ETF | Reduce -1.8% | 0.14% | −0.05 |
| PGF Invesco Financial Preferred | Reduce -22.1% | 0.11% | −0.04 |
| TSLA Tesla Inc. | Reduce -2.4% | 0.66% | −0.03 |
| CI The Cigna Group | Reduce -0.9% | 0.08% | −0.01 |
| VGT Vanguard Info Tech ETF | Reduce -1.8% | 0.16% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -4.0% | 0.07% | −0.00 |
| VONV Vanguard Russell 1000 Value | Reduce -2.4% | 0.09% | −0.00 |
| DE Deere & Co. | Reduce -0.8% | 0.05% | −0.00 |
| DXJ Wisdomtree Japan Hedged Eq | Reduce -5.5% | 0.38% | +0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| VOO Vanguard S&P 500 ETF | Add +1.6% | 28.40% | +0.31 |
| KBWB Invesco KBW Bank ETF | Add +0.5% | 4.24% | +0.21 |
| EPD Enterprise Products Partners | New | 0.19% | +0.19 |
| GOOG Alphabet Inc. Class C | Add +1.9% | 0.78% | +0.17 |
| ARGT Global X MSCI Argentina ETF | Add +2.5% | 0.72% | +0.17 |
| AMD Advanced Micro Devices | Add +2.3% | 0.68% | +0.16 |
| AAPL Apple Inc. | Add +3.5% | 1.07% | +0.07 |
| AMZN Amazon.com Inc. | Add +8.5% | 0.75% | +0.07 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.06% | +0.06 |
| C Citigroup Inc. | New | 0.06% | +0.06 |
| TRGP Targa Resources Corp. | New | 0.06% | +0.06 |
| CRM Salesforce Inc. | Add +6.5% | 0.39% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +1.3% | 0.24% | +0.05 |
| NVDA Nvidia Corp. | Add +7.9% | 1.08% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +5.7% | 0.44% | +0.05 |
| PYLD PIMCO Multisector Bond Actv | Add +3.9% | 7.82% | +0.03 |
| AVGO Broadcom Inc. | Add +2.3% | 0.74% | +0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +2.3% | 3.55% | +0.03 |
| FLIN Franklin Ftse India ETF | Add +2.1% | 1.08% | +0.03 |
| LLY Eli Lilly & Co. | Add +1.2% | 0.09% | +0.03 |
| VOOG Vanguard S&P 500 Growth ETF | Add +1.3% | 4.60% | +0.02 |
| MSFT Microsoft Corp. | Add +12.1% | 0.88% | +0.01 |
| CAT Caterpillar Inc. | Add +0.9% | 0.09% | +0.01 |
| WMT Walmart Inc. | Add +16.5% | 0.08% | +0.01 |
| XOM Exxon Mobil Corp. | Add +0.1% | 0.29% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +9.9% | 0.12% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +11.7% | 0.08% | +0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +0.6% | 0.06% | −0.00 |
| CVX Chevron Corp. | Add +0.1% | 0.07% | −0.00 |
| SNOW Snowflake Inc. | Add +4.2% | 0.41% | −0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +4.8% | 0.83% | −0.01 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +0.3% | 0.10% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +3.6% | 2.37% | −0.01 |
| META Meta Platforms Inc. Class A | Add +11.1% | 0.61% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.2% | 12.92% | −0.05 |
| OXY Occidental Petroleum Corp. | Add +4.3% | 0.48% | −0.06 |
| UBER Uber Technologies Inc. | Add +2.1% | 0.33% | −0.07 |
| NFLX Netflix Inc. | Add +6.2% | 0.42% | −0.10 |
| BKLN Invesco Senior Loan ETF | Add +0.6% | 9.95% | −0.19 |
| HOOD Robinhood Markets Inc. Class A | Add +1.3% | 0.71% | −0.20 |
Options Activity Q3 2025 → Q4 2025
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 87 | $476.9M | VOO, QQQ, PYLD, SPHY, VO |
| Q1 2026 | 70 | $397.0M | VOO, PYLD, QQQ, SPHY, VO |
| Q4 2025 | 64 | $398.8M | VOO, QQQ, BKLN, PYLD, SPHY |
| Q3 2025 | 61 | $387.6M | VOO, QQQ, BKLN, PYLD, SPHY |
| Q2 2025 | 59 | $345.2M | VOO, QQQ, BKLN, PYLD, SPHY |
| Q1 2025 | 59 | $307.4M | VOO, QQQ, BKLN, SPHY, PYLD |
| Q4 2024 | 57 | $301.1M | VOO, QQQ, BKLN, SPHY, PYLD |
| Q3 2024 | 53 | $283.5M | VOO, QQQ, BKLN, SPHY, PGF |
| Q2 2024 | 47 | $262.9M | VOO, QQQ, BKLN, SPHY, PGF |
| Q1 2024 | 43 | $237.5M | VOO, QQQ, BKLN, HYBL, SYLD |