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 | |
|---|---|---|---|---|---|---|---|
301
AT&T
T
$146B
| $2.85M | 0.04% |
116,656
+1,958
| +2% | +$47.2K |
2018 Q3
32 quarters
|
|
302
American Healthcare REIT
AHR
$13.4B
| $2.82M | 0.04% |
55,106
-8,828
| -14% | -$483K |
2024 Q3
8 quarters
|
|
303
Marathon Petroleum
MPC
$101B
| $2.82M | 0.04% |
7,134
+208
| +3% | +$71.9K |
2019 Q2
29 quarters
|
|
304
Palo Alto Networks
PANW
$257B
| $2.82M | 0.04% |
7,090
-29
| -0.4% | -$10.3K |
2022 Q3
16 quarters
|
|
305
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.58B
| $2.81M | 0.04% |
84,855
+2,201
| +3% | +$76K |
2025 Q3
4 quarters
|
|
306
FT Vest SMID Rising Dividend Achievers Target Income ETF
SDVD
$891M
| $2.81M | 0.04% |
130,501
+31,428
| +32% | +$724K |
2025 Q3
4 quarters
|
|
307
Realty Income
O
$56.1B
| $2.81M | 0.04% |
51,790
-3,715
| -7% | -$229K |
2015 Q2
45 quarters
|
|
308
Beacon Unified Catalyst ETF
BSR
$32.3M
| $2.8M | 0.04% |
91,808
-50,391
| -35% | -$1.53M |
2025 Q4
3 quarters
|
|
309
Northern Trust International Quality Dividend Dynamic ETF
IQDY
$103M
| $2.8M | 0.04% |
66,670
-498
| -0.7% | -$21.4K |
2025 Q1
6 quarters
|
|
310
Avantis US Small Cap Value ETF
AVUV
$31.3B
| $2.79M | 0.04% |
23,710
-1,504
| -6% | -$188K |
2025 Q4
3 quarters
|
|
311
Global X Artificial Intelligence & Technology ETF
AIQ
$9.18B
| $2.79M | 0.04% |
42,761
+2,044
| +5% | +$128K |
2024 Q2
9 quarters
|
|
312
Deere & Co
DE
$181B
| $2.79M | 0.04% |
4,149
+35
| +0.9% | +$22.3K |
2018 Q2
33 quarters
|
|
313
Wahed FTSE USA Shariah ETF
HLAL
$903M
| $2.78M | 0.04% |
37,204
-4,453
| -11% | -$322K |
2026 Q1
2 quarters
|
|
314
First Trust Senior Loan Fund ETF
FTSL
$2.48B
| $2.77M | 0.04% |
62,132
+5,261
| +9% | +$236K |
2018 Q2
33 quarters
|
|
315
Target
TGT
$72B
| $2.75M | 0.04% |
17,570
+60
| +0.3% | +$9.02K |
2023 Q4
11 quarters
|
|
316
First Trust Enhanced Short Maturity ETF
FTSM
$6.81B
| $2.75M | 0.04% |
46,152
-9,787
| -17% | -$585K |
2016 Q1
42 quarters
|
|
317
Bank of America
BAC
$341B
| $2.73M | 0.04% |
50,206
+14,833
| +42% | +$904K |
2017 Q2
37 quarters
|
|
318
Avantis Emerging Markets ex-China Equity ETF
AVXC
$411M
| $2.71M | 0.04% |
+32,936
| New | +$2.67M |
2026 Q3
0 quarters
|
|
319
SP Funds S&P Global REIT Sharia ETF
SPRE
$200M
| $2.68M | 0.04% |
141,553
+51,388
| +57% | +$1.07M |
2026 Q1
2 quarters
|
|
320
Global X MLP & Energy Infrastructure ETF
MLPX
$3.41B
| $2.67M | 0.04% |
+38,304
| New | +$2.86M |
2026 Q3
0 quarters
|
|
321
Starwood Property Trust
STWD
$4.46B
| $2.64M | 0.04% |
195,882
+3,474
| +2% | +$55.5K |
2021 Q4
19 quarters
|
|
322
WEC Energy
WEC
$38.1B
| $2.64M | 0.04% |
26,209
+1,493
| +6% | +$163K |
2018 Q2
33 quarters
|
|
323
SP Funds S&P 500 Sharia ETF
SPUS
$3.15B
| $2.63M | 0.04% |
44,206
-2,098
| -5% | -$122K |
2026 Q1
2 quarters
|
|
324
Capital Group Growth ETF
CGGR
$24.9B
| $2.6M | 0.04% |
54,772
-4,853
| -8% | -$226K |
2024 Q1
10 quarters
|
|
|
325
iShares 7-10 Year Treasury Bond ETF
IEF
$43.5B
| $2.59M | 0.04% |
29,041
-42,291
| -59% | -$3.91M |
2024 Q4
7 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.