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 | |
|---|---|---|---|---|---|---|---|
726
Vanguard Consumer Discretionary ETF
VCR
$6.29B
| $715K | 0.01% |
1,961
-496
| -20% | -$192K |
2023 Q4
11 quarters
|
|
727
JPMorgan Active Bond ETF
JBND
$9.5B
| $712K | 0.01% |
+13,922
| New | +$731K |
2026 Q3
0 quarters
|
|
728
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.2B
| $708K | 0.01% |
11,215
-832
| -7% | -$54.7K |
2021 Q4
19 quarters
|
|
729
ATI
ATI
$24.3B
| $708K | 0.01% |
+3,736
| New | +$745K |
2026 Q3
0 quarters
|
|
730
Tower Semiconductor
TSEM
$16.9B
| $704K | 0.01% |
+3,097
| New | +$701K |
2026 Q3
0 quarters
|
|
731
General Dynamics
GD
$98.6B
| $701K | 0.01% |
2,114
-139
| -6% | -$51.6K |
2019 Q3
28 quarters
|
|
732
Sempra
SRE
$54.2B
| $701K | 0.01% |
8,986
+628
| +8% | +$54.3K |
2026 Q2
1 quarter
|
|
733
FT Vest US Equity Deep Buffer ETF June
DJUN
$371M
| $699K | 0.01% |
13,966
-272
| -2% | -$13.6K |
2025 Q2
5 quarters
|
|
734
Jabil
JBL
$26.6B
| $698K | 0.01% |
2,432
+84
| +4% | +$26.8K |
2024 Q4
7 quarters
|
|
735
Monster Beverage
MNST
$95.5B
| $693K | 0.01% |
16,649
-1,669
| -9% | -$77.3K |
2025 Q4
3 quarters
|
|
736
MetLife
MET
$65.4B
| $690K | 0.01% |
7,332
-745
| -9% | -$71K |
2021 Q4
19 quarters
|
|
737
iShares Russell 2000 Growth ETF
IWO
$14.1B
| $687K | 0.01% |
1,926
-156
| -7% | -$58.9K |
2025 Q2
5 quarters
|
|
738
Vanguard S&P 500 Value ETF
VOOV
$7B
| $682K | 0.01% |
3,096
-956
| -24% | -$216K |
2022 Q2
17 quarters
|
|
739
First Trust Utilities AlphaDEX Fund
FXU
$776M
| $681K | 0.01% |
15,508
+628
| +4% | +$30K |
2026 Q1
2 quarters
|
|
740
FT Vest US Equity Deep Buffer ETF March
DMAR
$472M
| $681K | 0.01% |
14,891
+38
| +0.3% | +$1.72K |
2025 Q2
5 quarters
|
|
741
iShares Core High Dividend ETF
HDV
$16.3B
| $677K | 0.01% |
24,225
-490
| -2% | -$14.1K |
2021 Q4
19 quarters
|
|
742
Schwab US REIT ETF
SCHH
$11.5B
| $676K | 0.01% |
+30,683
| New | +$728K |
2026 Q3
0 quarters
|
|
743
Monolithic Power Systems
MPWR
$61.5B
| $675K | 0.01% |
501
-741
| -60% | -$971K |
2020 Q1
26 quarters
|
|
744
Chubb
CB
$143B
| $674K | 0.01% |
2,073
+36
| +2% | +$12.4K |
2022 Q4
15 quarters
|
|
745
Arthur J. Gallagher & Co
AJG
$73.9B
| $668K | 0.01% |
2,928
+59
| +2% | +$14.8K |
2017 Q1
38 quarters
|
|
746
National Energy Services Reunited Corp
NESR
$2.17B
| $666K | 0.01% |
+26,141
| New | +$811K |
2026 Q3
0 quarters
|
|
747
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.73B
| $665K | 0.01% |
16,117
-930
| -5% | -$39.1K |
2026 Q2
1 quarter
|
|
748
Celsius Holdings
CELH
$7.78B
| $656K | 0.01% |
23,976
-5,443
| -19% | -$161K |
2025 Q2
5 quarters
|
|
749
NuScale Power
SMR
$2.11B
| $655K | 0.01% |
82,936
+22,314
| +37% | +$201K |
2025 Q4
3 quarters
|
|
750
First Trust Low Duration Strategic Focus ETF
LDSF
$160M
| $652K | 0.01% |
35,415
-2,923
| -8% | -$54.9K |
2025 Q3
4 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.