RFG Advisory Portfolio holdings
RFG Advisory is a support platform for independent financial advisors, who serve clients under the RFG name through their own local practices. It grew out of Reliance Financial Group, founded by Bobby White, and was formed as RFG Advisory when Shannon Spotswood, who had spent decades in institutional investing, joined as president to build a platform beyond what LPL Financial could provide. Rick Wedell, its chief investment officer, started the Bluemonte investment solution, and RFG is hired to manage a group of Bluemonte ETFs for Exchange Traded Concepts. Since 2023 the firm has been owned by RFG Holdings, whose owners include White, Spotswood, Wedell and investment vehicles controlled by Long Ridge Equity Partners.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bluemonte Dynamic Total Market ETF
BLUX
|
+$40.6M |
| 2 |
PIMCO Multi Sector Bond Active ETF
PYLD
|
+$35.9M |
| 3 |
Bluemonte Global Equity ETF
BINT
|
+$32.4M |
| 4 |
Putnam Focused Large Cap Value ETF
PVAL
|
+$30.8M |
| 5 |
Putnam Focused Large Cap Growth ETF
PGRO
|
+$29.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ondas Inc
ONDS
|
+$12.3M |
| 2 |
Applied Materials
AMAT
|
+$7.44M |
| 3 |
Lightpath Technologies
LPTH
|
+$5.88M |
| 4 |
Beacon Tactical Risk ETF
BTR
|
+$4.21M |
| 5 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$3.91M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 84.24% |
| 2 | Technology | 5.89% |
| 3 | Consumer Discretionary | 1.74% |
| 4 | Financials | 1.59% |
| 5 | Communication Services | 1.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
276
Dimensional Emerging Core Equity Market ETF
DFAE
$8.91B
| $3.13M | 0.04% |
79,745
-1,683
| -2% | -$65.7K |
2022 Q1
18 quarters
|
|
277
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.74B
| $3.13M | 0.04% |
29,976
+26,543
| +773% | +$2.87M |
2026 Q1
2 quarters
|
|
278
Vanguard Total International Bond ETF
BNDX
$84.3B
| $3.13M | 0.04% |
66,720
-11,266
| -14% | -$536K |
2021 Q4
19 quarters
|
|
279
NEOS Nasdaq-100 Hedged Equity Income ETF
QQQH
$375M
| $3.1M | 0.04% |
55,790
+10,698
| +24% | +$586K |
2025 Q4
3 quarters
|
|
280
Kayne Anderson Energy Infrastructure Fund
KYN
$2.23B
| $3.09M | 0.04% |
227,093
-2,259
| -1% | -$32.7K |
2025 Q1
6 quarters
|
|
281
iShares Russell 1000 Value ETF
IWD
$82.7B
| $3.09M | 0.04% |
12,448
-1,657
| -12% | -$419K |
2020 Q4
23 quarters
|
|
282
Franklin Systematic Style Premia ETF
FLSP
$1.11B
| $3.08M | 0.04% |
107,732
+13,526
| +14% | +$382K |
2026 Q2
1 quarter
|
|
283
WisdomTree US Quality Growth Fund
QGRW
$3.03B
| $3.05M | 0.04% |
44,385
+4,594
| +12% | +$306K |
2024 Q1
10 quarters
|
|
284
JPMorgan Mortgage-Backed Securities ETF
JMTG
$6.81B
| $3.04M | 0.04% |
62,958
+34,787
| +123% | +$1.73M |
2026 Q2
1 quarter
|
|
285
First Trust RBA American Industrial Renaissance ETF
AIRR
$7.95B
| $3.04M | 0.04% |
29,457
+4,655
| +19% | +$537K |
2023 Q3
12 quarters
|
|
286
Schwab US Dividend Equity ETF
SCHD
$119B
| $3.03M | 0.04% |
93,296
+852
| +0.9% | +$28.7K |
2019 Q1
30 quarters
|
|
287
Citigroup
C
$197B
| $3.02M | 0.04% |
23,307
+6,008
| +35% | +$809K |
2020 Q4
23 quarters
|
|
288
Fidelity MSCI Information Technology Index ETF
FTEC
$19.2B
| $2.99M | 0.04% |
9,980
+467
| +5% | +$132K |
2020 Q1
26 quarters
|
|
289
Adobe
ADBE
$93.1B
| $2.99M | 0.04% |
12,443
-1,201
| -9% | -$301K |
2019 Q4
27 quarters
|
|
290
State Street Energy Select Sector SPDR ETF
XLE
$40.6B
| $2.97M | 0.04% |
48,326
-4,341
| -8% | -$263K |
2021 Q1
22 quarters
|
|
291
BlackRock Science and Technology Term Trust
BSTZ
$1.67B
| $2.95M | 0.04% |
100,261
+2,469
| +3% | +$73.3K |
2025 Q1
6 quarters
|
|
292
OneAscent Core Plus Bond ETF
OACP
$270M
| $2.95M | 0.04% |
136,148
+8,402
| +7% | +$188K |
2022 Q2
17 quarters
|
|
293
Merck
MRK
$362B
| $2.93M | 0.04% |
20,172
-494
| -2% | -$68.3K |
2015 Q2
45 quarters
|
|
294
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$2.84B
| $2.93M | 0.04% |
70,995
-44,719
| -39% | -$1.91M |
2019 Q3
28 quarters
|
|
295
iShares 1-3 Year Treasury Bond ETF
SHY
$27.6B
| $2.93M | 0.04% |
36,048
-49
| -0.1% | -$4.01K |
2020 Q3
24 quarters
|
|
296
JPMorgan Municipal ETF
JMUB
$9.09B
| $2.9M | 0.04% |
+60,945
| New | +$3.01M |
2026 Q3
0 quarters
|
|
297
Vanguard Intermediate-Term Treasury ETF
VGIT
$40.4B
| $2.88M | 0.04% |
50,807
-36,168
| -42% | -$2.1M |
2022 Q3
16 quarters
|
|
298
Fidelity MSCI Health Care Index ETF
FHLC
$3.93B
| $2.87M | 0.04% |
35,096
+25,056
| +250% | +$2.03M |
2022 Q2
17 quarters
|
|
299
Dimensional International High Profitability ETF
DIHP
$6.42B
| $2.86M | 0.04% |
84,962
-4,861
| -5% | -$168K |
2025 Q1
6 quarters
|
|
300
NEOS Enhanced Income Credit Select ETF
HYBI
$217M
| $2.85M | 0.04% |
59,142
+14,460
| +32% | +$706K |
2025 Q4
3 quarters
|
|
Similar funds
RFG Advisory's Q3 2026 Portfolio in Review
As of Q3 2026, RFG Advisory held 1,301 positions worth $7.09B, up 11% from $6.4B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
RFG Advisory deployed $744M of net new capital in Q3 2026, opening 175 new positions and adding to 615 existing holdings. Its largest new stake was Lazard International Dynamic Equity ETF: 291,293 shares worth $10.2M.
By sector, the portfolio is most concentrated in Miscellaneous at 84% of assets, down from 84% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Ondas Inc, an estimated $12.3M trimmed.
- RFG Advisory's largest Q3 2026 buy was Lazard International Dynamic Equity ETF: 291,293 shares worth $10.2M.
- RFG Advisory added most to Bluemonte Dynamic Total Market ETF in Q3 2026, an estimated $40.6M increase.
- RFG Advisory's biggest Q3 2026 reduction was Ondas Inc, cutting an estimated $12.3M.
- RFG Advisory fully exited Applied Materials in Q3 2026, selling an estimated $7.44M.
- RFG Advisory's ten largest holdings make up 42% of its $7.09B portfolio in Q3 2026.
- RFG Advisory opened 175 new positions and closed 79 in Q3 2026.
- RFG Advisory's portfolio value rose 11% quarter-over-quarter to $7.09B.
Based on RFG Advisory's 13F filing for Q3 2026, filed 3 Nov 2026.