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 | |
|---|---|---|---|---|---|---|---|
751
iShares Core 10+ Year USD Bond ETF
ILTB
$603M
| $648K | 0.01% |
+14,440
| New | +$682K |
2026 Q3
0 quarters
|
|
752
Vanguard Utilities ETF
VPU
$8.4B
| $645K | 0.01% |
3,769
-2,258
| -37% | -$424K |
2025 Q3
4 quarters
|
|
753
FT Vest US Equity Deep Buffer ETF December
DDEC
$426M
| $640K | 0.01% |
13,175
+28
| +0.2% | +$1.35K |
2025 Q2
5 quarters
|
|
754
Hafnia
HAFN
$4.97B
| $638K | 0.01% |
+64,188
| New | +$523K |
2026 Q3
0 quarters
|
|
755
Axon Enterprise
AXON
$25.5B
| $638K | 0.01% |
1,510
-5
| -0.3% | -$2.7K |
2026 Q1
2 quarters
|
|
756
Invesco S&P 500 Low Volatility ETF
SPLV
$7.57B
| $635K | 0.01% |
9,008
+851
| +10% | +$63.9K |
2022 Q3
16 quarters
|
|
757
FT Vest US Equity Deep Buffer ETF February
DFEB
$449M
| $632K | 0.01% |
12,243
-68
| -0.6% | -$3.48K |
2025 Q2
5 quarters
|
|
758
FT Vest US Equity Deep Buffer ETF November
DNOV
$405M
| $632K | 0.01% |
11,987
+28
| +0.2% | +$1.46K |
2025 Q2
5 quarters
|
|
759
CVS Health
CVS
$108B
| $631K | 0.01% |
7,365
-2,160
| -23% | -$211K |
2019 Q2
29 quarters
|
|
760
FT Vest US Equity Deep Buffer ETF October
DOCT
$416M
| $631K | 0.01% |
13,132
+26
| +0.2% | +$1.23K |
2025 Q2
5 quarters
|
|
761
FT Vest US Equity Deep Buffer ETF July
DJUL
$484M
| $628K | 0.01% |
12,277
+34
| +0.3% | +$1.73K |
2025 Q2
5 quarters
|
|
762
FT Vest US Equity Deep Buffer ETF September
DSEP
$424M
| $628K | 0.01% |
12,858
+24
| +0.2% | +$1.16K |
2025 Q2
5 quarters
|
|
763
SAP
SAP
$270B
| $627K | 0.01% |
3,010
-62
| -2% | -$12K |
2026 Q1
2 quarters
|
|
764
PIMCO Dynamic Income Opportunities Fund
PDO
$1.75B
| $627K | 0.01% |
52,833
| – | – |
2025 Q1
6 quarters
|
|
765
FT Vest US Equity Deep Buffer ETF January
DJAN
$454M
| $627K | 0.01% |
13,425
+40
| +0.3% | +$1.85K |
2025 Q2
5 quarters
|
|
766
Canadian Pacific Kansas City
CP
$80.3B
| $626K | 0.01% |
7,355
-144
| -2% | -$13.1K |
2021 Q4
19 quarters
|
|
767
Fidelity Small-Mid Multifactor ETF
FSMD
$2.47B
| $624K | 0.01% |
12,698
+6,791
| +115% | +$347K |
2026 Q1
2 quarters
|
|
768
FT Vest US Equity Deep Buffer ETF May
DMAY
$386M
| $623K | 0.01% |
12,998
+44
| +0.3% | +$2.1K |
2025 Q2
5 quarters
|
|
769
FT Vest US Equity Deep Buffer ETF August
DAUG
$441M
| $623K | 0.01% |
13,105
+44
| +0.3% | +$2.08K |
2025 Q2
5 quarters
|
|
770
FT Vest Growth-100 Buffer ETF December
QDEC
$674M
| $622K | 0.01% |
16,851
+915
| +6% | +$32.8K |
2025 Q3
4 quarters
|
|
771
CCM Affordable Housing MBS ETF
OWNS
$105M
| $619K | 0.01% |
38,045
+6,195
| +19% | +$105K |
2025 Q1
6 quarters
|
|
772
BrightSpring Health Services
BTSG
$13B
| $618K | 0.01% |
+10,897
| New | +$686K |
2026 Q3
0 quarters
|
|
773
Verisk Analytics
VRSK
$26.5B
| $618K | 0.01% |
+3,682
| New | +$687K |
2026 Q3
0 quarters
|
|
774
Capital Group International Focus Equity ETF
CGXU
$6.19B
| $617K | 0.01% |
18,003
+215
| +1% | +$7.41K |
2024 Q4
7 quarters
|
|
775
FT Vest US Equity Deep Buffer ETF April
DAPR
$330M
| $614K | 0.01% |
14,718
+51
| +0.3% | +$2.11K |
2025 Q2
5 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.