SMI Advisory Services, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 15, 2024), SMI Advisory Services, LLC reported 54 stock positions worth $356.3 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 10.0% of the portfolio, followed by Vanguard Intermediate-Term B (BIV, 7.0%) and Vanguard Short-Term Bond ETF (BSV, 6.8%). Compared with Q4 2023, it opened 33 new positions, sold out of 37, added to 10 and reduced 11. The biggest buy was Vanguard Short-Term Bond ETF (BSV, shares +7662%) and the biggest sale an exit from Innovator International Deve (IAPR).
- Most Recent 13F
- Q2 2026
- Location
- COLUMBUS, IN
- CIK
- 0001609008
- Portfolio Value
- $356.3M (Q1 2024)
- SEC Filing
- 0001609008-24-000002 ↗ filed Apr 15, 2024
Holdings Value
Holdings 54 stocks · $356.3M
| SPY SS SPDR S&P 500 ETF Trust-US | 10.04% | 68,900 | $35.8M | Reduce -42.9% |
| BIV Vanguard Intermediate-Term B | 6.98% | 333,213 | $24.9M | Add +8.0% |
| BSV Vanguard Short-Term Bond ETF | 6.82% | 318,411 | $24.3M | Add +7662.3% |
| QQQM Invesco Nasdaq 100 ETF | 6.65% | 130,309 | $23.7M | New |
| PDBC Invesco Optimum Yield Divers | 5.90% | 1,469,944 | $21.0M | New |
| IWF iShares Russell 1000 Growth | 5.17% | 54,936 | $18.4M | Reduce -48.4% |
| NJAN Innovator Growth 100 Power B | 4.25% | 348,698 | $15.1M | New |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 3.87% | 178,651 | $13.8M | New |
| IVV iShares Core S&P 500 ETF | 3.49% | 23,852 | $12.4M | Add +5.4% |
| VCIT Vanguard Int-Term Corporate | 3.22% | 143,773 | $11.5M | New |
| GLD SPDR Gold Shares | 2.69% | 44,109 | $9.6M | Add +1578.4% |
| PHYS Sprott Physical Gold Trust | 2.57% | 502,316 | $9.2M | Reduce -44.8% |
| VXF Vanguard Extended Market ETF | 2.54% | 52,317 | $9.0M | Add +3.4% |
| SCHO Schwab Short-Term US Treas | 2.09% | 155,482 | $7.5M | Reduce -5.1% |
| EMB iShares JP Morgan Usd Emergi | 1.84% | 72,915 | $6.6M | New |
| USRT iShares Core US REIT ETF | 1.70% | 112,457 | $6.0M | New |
| EDIV State Street SPDR S&P Emergi | 1.69% | 179,025 | $6.0M | Reduce -44.5% |
| PKB Invesco Building & Construct | 1.60% | 77,972 | $5.7M | New |
| ITB iShares U.S. Home Constructi | 1.31% | 41,711 | $4.7M | Reduce -15.9% |
| PRN Invesco Dorsey Wright Indus | 1.26% | 32,297 | $4.5M | New |
| MPWR Monolithic Power Systems Inc. | 1.17% | 6,099 | $4.2M | New |
| SHW The Sherwin-Williams Co. | 1.15% | 12,273 | $4.1M | New |
| FBTC Fidelity Wise Origin Bitcoin | 1.15% | 67,846 | $4.1M | New |
| FICO Fair Isaac Corp. | 1.15% | 3,356 | $4.1M | New |
| SNPS Synopsys Inc. | 1.13% | 7,096 | $4.0M | New |
| LLY Eli Lilly & Co. | 1.13% | 5,300 | $4.0M | New |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.12% | 68,042 | $4.0M | New |
| TIP iShares Tips Bond ETF | 1.10% | 36,812 | $3.9M | New |
| AMGN Amgen Inc. | 1.10% | 14,549 | $3.9M | New |
| CAH Cardinal Health Inc. | 1.10% | 36,372 | $3.9M | New |
| VRSK Verisk Analytics Inc. | 1.09% | 16,975 | $3.9M | New |
| CBOE Cboe Global Markets Inc. | 1.08% | 21,429 | $3.8M | New |
| KJAN Innovator U.S. Small Cap Pow | 1.08% | 109,616 | $3.8M | Reduce -81.6% |
| COST Costco Wholesale Corp. | 1.07% | 5,294 | $3.8M | New |
| XHB SS SPDR S&P Homebldrs ETF | 1.03% | 33,691 | $3.7M | New |
| IEV iShares Europe ETF | 0.96% | 61,887 | $3.4M | New |
| PICK iShares MSCI Global Metals & | 0.84% | 68,236 | $3.0M | New |
| VTWO Vanguard Russell 2000 ETF | 0.79% | 33,819 | $2.8M | New |
| VDE Vanguard Energy ETF | 0.79% | 20,733 | $2.8M | New |
| SDY SS SPDR S&P Dividend ETF | 0.78% | 21,527 | $2.8M | New |
| EWJ iShares MSCI Japan ETF | 0.75% | 38,118 | $2.7M | New |
| FBCG Fidelity Blue Chip Grow ETF | 0.38% | 35,131 | $1.3M | New |
| TLT iShares 20+ Year Treasury BD | 0.37% | 14,144 | $1.3M | New |
| BSCO Invesco Bulletshares 2024 CB | 0.35% | 59,435 | $1.2M | Reduce -0.8% |
| TBIL F/M US Treasury 3 Month Bill | 0.35% | 24,957 | $1.2M | New |
| SPTS SS SPDR P St Term TSY ETF | 0.29% | 36,208 | $1.0M | Add +9.6% |
| BSCP Invesco Bulletshares 2025 CB | 0.29% | 50,166 | $1.0M | Add +5.3% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.17% | 11,232 | $592K | Reduce -9.8% |
| CWI State Street SPDR MSCI Acwi | 0.15% | 18,777 | $534K | Reduce -16.2% |
| SCHK Schwab 1000 Index ETF | 0.15% | 10,455 | $525K | Reduce -13.6% |
| AGGY Wisdomtree Yield Enhanced US | 0.14% | 11,899 | $512K | Add +90.9% |
| BSCQ Invesco Bulletshares 2026 CB | 0.07% | 12,121 | $233K | New |
| DNP DNP Select Income Fund Inc. | 0.04% | 14,634 | $132K | Add +1.5% |
| CODX Co.-Diagnostics Inc. | 0.01% | 38,089 | $48K | Add +117.7% |
Portfolio Sells Q4 2023 → Q1 2024
| IAPR Innovator International Deve | Sold out | 0.00% | −14.21 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −11.51 |
| SHY iShares 1-3 Year Treasury Bo | Sold out | 0.00% | −5.69 |
| URNM Sprott Uranium Miners ETF | Sold out | 0.00% | −5.32 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -42.9% | 10.04% | −4.49 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −4.41 |
| KJAN Innovator U.S. Small Cap Pow | Reduce -81.6% | 1.08% | −4.01 |
| IWF iShares Russell 1000 Growth | Reduce -48.4% | 5.17% | −3.05 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −2.80 |
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −1.29 |
| XNTK SS SPDR Nyse Tech ETF | Sold out | 0.00% | −1.23 |
| ARKK ARK Innovation ETF | Sold out | 0.00% | −1.18 |
| PHYS Sprott Physical Gold Trust | Reduce -44.8% | 2.57% | −1.04 |
| EDIV State Street SPDR S&P Emergi | Reduce -44.5% | 1.69% | −0.92 |
| HUBB Hubbell Inc. | Sold out | 0.00% | −0.35 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.28 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Sold out | 0.00% | −0.25 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.24 |
| IWB iShares Russell 1000 ETF | Sold out | 0.00% | −0.19 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −0.14 |
| VEU Vanguard Ftse All-World Ex-U | Sold out | 0.00% | −0.13 |
| SCHG Schwab US Large-Cap Growth | Sold out | 0.00% | −0.12 |
| SCHX Schwab US Large-Cap ETF | Sold out | 0.00% | −0.12 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Sold out | 0.00% | −0.10 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.10 |
| IMCG iShares Morningstar Mid-Cap | Sold out | 0.00% | −0.08 |
| VTIP Vanguard Short-Term Tips | Sold out | 0.00% | −0.07 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −0.06 |
| VXUS Vanguard Total Intl Stock | Sold out | 0.00% | −0.06 |
| GSUS Goldman Sachs Marketbeta US | Sold out | 0.00% | −0.06 |
| VCSH Vanguard S/T Corp. Bond ETF | Sold out | 0.00% | −0.06 |
| VIG Vanguard Dividend Apprec ETF | Sold out | 0.00% | −0.06 |
| VTV Vanguard Mrngstr Val ETF-Aui | Sold out | 0.00% | −0.05 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Sold out | 0.00% | −0.05 |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | Sold out | 0.00% | −0.01 |
| FORD MOTOR COMPANY (F 0 03/15/26) | Sold out | 0.00% | −0.01 |
| BURLINGTON STORES INC (BURL 2.25 04/15/25) | Sold out | 0.00% | −0.01 |
| STRIDE INC (LRN 1.125 09/01/27) | Sold out | 0.00% | −0.01 |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | Sold out | 0.00% | −0.01 |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | Sold out | 0.00% | −0.01 |
| PACIRA BIOSCIENCES INC (PCRX 0.75 08/01/25) | Sold out | 0.00% | −0.00 |
| CWI State Street SPDR MSCI Acwi | Reduce -16.2% | 0.15% | −0.00 |
| SCHK Schwab 1000 Index ETF | Reduce -13.6% | 0.15% | +0.01 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -9.8% | 0.17% | +0.02 |
| ITB iShares U.S. Home Constructi | Reduce -15.9% | 1.31% | +0.03 |
| BSCO Invesco Bulletshares 2024 CB | Reduce -0.8% | 0.35% | +0.03 |
| SCHO Schwab Short-Term US Treas | Reduce -5.1% | 2.09% | +0.08 |
Portfolio Buys Q4 2023 → Q1 2024
| BSV Vanguard Short-Term Bond ETF | Add +7662.3% | 6.82% | +6.74 |
| QQQM Invesco Nasdaq 100 ETF | New | 6.65% | +6.65 |
| PDBC Invesco Optimum Yield Divers | New | 5.90% | +5.90 |
| NJAN Innovator Growth 100 Power B | New | 4.25% | +4.25 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 3.87% | +3.87 |
| VCIT Vanguard Int-Term Corporate | New | 3.22% | +3.22 |
| GLD SPDR Gold Shares | Add +1578.4% | 2.69% | +2.57 |
| EMB iShares JP Morgan Usd Emergi | New | 1.84% | +1.84 |
| USRT iShares Core US REIT ETF | New | 1.70% | +1.70 |
| PKB Invesco Building & Construct | New | 1.60% | +1.60 |
| PRN Invesco Dorsey Wright Indus | New | 1.26% | +1.26 |
| MPWR Monolithic Power Systems Inc. | New | 1.17% | +1.17 |
| SHW The Sherwin-Williams Co. | New | 1.15% | +1.15 |
| FBTC Fidelity Wise Origin Bitcoin | New | 1.15% | +1.15 |
| FICO Fair Isaac Corp. | New | 1.15% | +1.15 |
| SNPS Synopsys Inc. | New | 1.13% | +1.13 |
| LLY Eli Lilly & Co. | New | 1.13% | +1.13 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 1.12% | +1.12 |
| TIP iShares Tips Bond ETF | New | 1.10% | +1.10 |
| AMGN Amgen Inc. | New | 1.10% | +1.10 |
| CAH Cardinal Health Inc. | New | 1.10% | +1.10 |
| VRSK Verisk Analytics Inc. | New | 1.09% | +1.09 |
| CBOE Cboe Global Markets Inc. | New | 1.08% | +1.08 |
| COST Costco Wholesale Corp. | New | 1.07% | +1.07 |
| BIV Vanguard Intermediate-Term B | Add +8.0% | 6.98% | +1.03 |
| XHB SS SPDR S&P Homebldrs ETF | New | 1.03% | +1.03 |
| IEV iShares Europe ETF | New | 0.96% | +0.96 |
| PICK iShares MSCI Global Metals & | New | 0.84% | +0.84 |
| VTWO Vanguard Russell 2000 ETF | New | 0.79% | +0.79 |
| VDE Vanguard Energy ETF | New | 0.79% | +0.79 |
| SDY SS SPDR S&P Dividend ETF | New | 0.78% | +0.78 |
| EWJ iShares MSCI Japan ETF | New | 0.75% | +0.75 |
| IVV iShares Core S&P 500 ETF | Add +5.4% | 3.49% | +0.75 |
| VXF Vanguard Extended Market ETF | Add +3.4% | 2.54% | +0.48 |
| FBCG Fidelity Blue Chip Grow ETF | New | 0.38% | +0.38 |
| TLT iShares 20+ Year Treasury BD | New | 0.37% | +0.37 |
| TBIL F/M US Treasury 3 Month Bill | New | 0.35% | +0.35 |
| AGGY Wisdomtree Yield Enhanced US | Add +90.9% | 0.14% | +0.07 |
| BSCQ Invesco Bulletshares 2026 CB | New | 0.07% | +0.07 |
| SPTS SS SPDR P St Term TSY ETF | Add +9.6% | 0.29% | +0.05 |
| BSCP Invesco Bulletshares 2025 CB | Add +5.3% | 0.29% | +0.04 |
| CODX Co.-Diagnostics Inc. | Add +117.7% | 0.01% | +0.01 |
| DNP DNP Select Income Fund Inc. | Add +1.5% | 0.04% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 62 | $617.0M | RAA, FCTE, IWD, EMXC, USRT |
| Q1 2026 | 60 | $606.9M | RAA, IWD, FCTE, GLD, SDCI |
| Q4 2025 | 59 | $580.3M | RAA, FCTE, IWD, GLD, QTPI |
| Q3 2025 | 56 | $528.6M | RAA, FCTE, GLD, BSCP, BIV |
| Q2 2025 | 51 | $517.5M | RAA, FCTE, GLD, BSCP, BIV |
| Q1 2025 | 43 | $442.2M | RAA, FCTE, BSCP, GLD, BIV |
| Q4 2024 | 54 | $433.4M | QQQM, FCTE, BSCP, SPY, BIV |
| Q3 2024 | 56 | $451.7M | FCTE, BSCP, QQQM, SPY, BIV |
| Q2 2024 | 59 | $404.4M | BSCP, QQQM, SPY, BIV, BSV |
| Q1 2024 | 54 | $356.3M | SPY, BIV, BSV, QQQM, PDBC |