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 | |
|---|---|---|---|---|---|---|---|
426
AllianzIM U.S. Equity Buffer100 Protection ETF
AIOO
$48.8M
| $1.77M | 0.03% |
67,145
+2,174
| +3% | +$57.4K |
2025 Q4
3 quarters
|
|
427
Paycom
PAYC
$11.3B
| $1.77M | 0.03% |
+8,144
| New | +$1.59M |
2026 Q3
0 quarters
|
|
428
State Street SPDR S&P Kensho New Economies Composite ETF
KOMP
$2.33B
| $1.75M | 0.02% |
26,340
+6,417
| +32% | +$435K |
2025 Q3
4 quarters
|
|
429
iShares 20+ Year Treasury Bond ETF
TLT
$47.7B
| $1.75M | 0.02% |
22,469
+10,736
| +92% | +$885K |
2022 Q2
17 quarters
|
|
430
FT Vest US Equity Buffer ETF December
FDEC
$1.3B
| $1.74M | 0.02% |
31,067
+1,691
| +6% | +$93.6K |
2025 Q1
6 quarters
|
|
431
First Trust Horizon Managed Volatility Domestic ETF
HUSV
$56.8M
| $1.73M | 0.02% |
44,718
-322
| -0.7% | -$13K |
2026 Q1
2 quarters
|
|
432
Timothy Plan US Small Cap Core ETF
TPSC
$349M
| $1.72M | 0.02% |
38,580
+3,997
| +12% | +$190K |
2025 Q1
6 quarters
|
|
433
iShares Investment Grade Systematic Bond ETF
IGEB
$1.45B
| $1.72M | 0.02% |
40,150
+5,857
| +17% | +$258K |
2022 Q4
15 quarters
|
|
434
iShares MSCI EAFE ETF
EFA
$76.2B
| $1.71M | 0.02% |
16,457
-448
| -3% | -$47.5K |
2021 Q4
19 quarters
|
|
435
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$3.32B
| $1.71M | 0.02% |
+66,032
| New | +$1.64M |
2026 Q3
0 quarters
|
|
436
Nuveen Floating Rate Income Fund
JFR
$1.16B
| $1.7M | 0.02% |
229,026
+1,778
| +0.8% | +$13.5K |
2020 Q1
26 quarters
|
|
437
Hamilton Lane
HLNE
$4.97B
| $1.7M | 0.02% |
+19,613
| New | +$1.83M |
2026 Q3
0 quarters
|
|
438
Mercado Libre
MELI
$77.6B
| $1.7M | 0.02% |
983
-753
| -43% | -$1.4M |
2019 Q1
30 quarters
|
|
439
Kroger
KR
$41B
| $1.7M | 0.02% |
28,952
+15,145
| +110% | +$881K |
2023 Q3
12 quarters
|
|
440
Doximity
DOCS
$5.91B
| $1.7M | 0.02% |
59,877
+3,907
| +7% | +$94.4K |
2026 Q2
1 quarter
|
|
441
Fidelity MSCI Utilities Index ETF
FUTY
$2.07B
| $1.69M | 0.02% |
+33,179
| New | +$1.86M |
2026 Q3
0 quarters
|
|
442
Prologis
PLD
$122B
| $1.68M | 0.02% |
12,955
+1,847
| +17% | +$259K |
2020 Q1
26 quarters
|
|
443
iShares Russell Mid-Cap ETF
IWR
$56.7B
| $1.68M | 0.02% |
15,726
+11,400
| +264% | +$1.26M |
2022 Q3
16 quarters
|
|
444
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$4.57B
| $1.68M | 0.02% |
15,680
+7,580
| +94% | +$866K |
2026 Q1
2 quarters
|
|
445
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.36B
| $1.68M | 0.02% |
40,961
-746
| -2% | -$33K |
2020 Q1
26 quarters
|
|
446
Omega Healthcare
OHI
$14.5B
| $1.66M | 0.02% |
35,849
+41
| +0.1% | +$1.96K |
2025 Q1
6 quarters
|
|
447
PIMCO High Income Fund
PHK
$766M
| $1.66M | 0.02% |
404,734
+13,878
| +4% | +$62.8K |
2026 Q2
1 quarter
|
|
448
PIMCO Short Term Municipal Bond Active Exchange-Traded Fund
SMMU
$1.27B
| $1.65M | 0.02% |
33,483
-3,039
| -8% | -$152K |
2025 Q4
3 quarters
|
|
449
Northrop Grumman
NOC
$74.6B
| $1.65M | 0.02% |
3,419
+195
| +6% | +$105K |
2025 Q1
6 quarters
|
|
450
Southern Copper
SCCO
$141B
| $1.65M | 0.02% |
8,229
-13,992
| -63% | -$2.65M |
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.