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 | |
|---|---|---|---|---|---|---|---|
776
Innovator Laddered Allocation Buffer ETF
BUFB
$339M
| $612K | 0.01% |
15,203
-2,097
| -12% | -$83.7K |
2022 Q1
18 quarters
|
|
777
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.3B
| $609K | 0.01% |
7,773
+191
| +3% | +$15.4K |
2020 Q3
24 quarters
|
|
778
WisdomTree Emerging Markets ex-State-Owned Enterprises Fund
XSOE
$1.89B
| $606K | 0.01% |
12,945
-430
| -3% | -$20.2K |
2019 Q1
30 quarters
|
|
779
Nike
NKE
$57.2B
| $606K | 0.01% |
17,119
+8,623
| +101% | +$346K |
2019 Q2
29 quarters
|
|
780
iShares ESG Aware MSCI USA Value ETF
EVUS
$392M
| $605K | 0.01% |
16,685
+62
| +0.4% | +$2.26K |
2025 Q4
3 quarters
|
|
781
Putnam BDC Income ETF
PBDC
$277M
| $604K | 0.01% |
22,445
-25,710
| -53% | -$705K |
2024 Q3
8 quarters
|
|
782
Nice
NICE
$6.1B
| $603K | 0.01% |
+5,416
| New | +$554K |
2026 Q3
0 quarters
|
|
783
Cheniere Energy
LNG
$63.5B
| $603K | 0.01% |
2,240
-95
| -4% | -$25.5K |
2022 Q2
17 quarters
|
|
784
Xcel Energy
XEL
$50.9B
| $602K | 0.01% |
8,535
+609
| +8% | +$46.9K |
2017 Q2
37 quarters
|
|
785
Energy Vault
NRGV
$584M
| $601K | 0.01% |
151,311
+74,483
| +97% | +$274K |
2025 Q4
3 quarters
|
|
786
T. Rowe Price Capital Appreciation Equity ETF
TCAF
$8.05B
| $599K | 0.01% |
14,182
-130
| -0.9% | -$5.48K |
2026 Q1
2 quarters
|
|
787
The Gap Inc
GAP
$7.72B
| $599K | 0.01% |
+26,232
| New | +$541K |
2026 Q3
0 quarters
|
|
788
First Trust Long Duration Opportunities ETF
LGOV
$610M
| $598K | 0.01% |
30,525
+7,706
| +34% | +$160K |
2024 Q2
9 quarters
|
|
789
iShares ESG Advanced MSCI EAFE ETF
DMXF
$1.04B
| $597K | 0.01% |
7,050
-94
| -1% | -$8.01K |
2024 Q3
8 quarters
|
|
790
Nebius Group N.V.
NBIS
$41.2B
| $595K | 0.01% |
2,523
-434
| -15% | -$93.3K |
2025 Q2
5 quarters
|
|
791
iShares MSCI USA Min Vol Factor ETF
USMV
$24B
| $590K | 0.01% |
6,056
-482
| -7% | -$47.8K |
2018 Q2
33 quarters
|
|
792
First Trust Emerging Markets AlphaDEX Fund
FEM
$748M
| $582K | 0.01% |
18,066
+1,506
| +9% | +$48.5K |
2023 Q2
13 quarters
|
|
793
Invesco CurrencyShares Swiss Franc Trust
FXF
$370M
| $582K | 0.01% |
5,520
+150
| +3% | +$16.3K |
2020 Q2
25 quarters
|
|
794
TJX Companies
TJX
$151B
| $580K | 0.01% |
4,385
-475
| -10% | -$68.5K |
2019 Q4
27 quarters
|
|
795
Universal Health Services
UHS
$10.6B
| $578K | 0.01% |
+3,316
| New | +$556K |
2026 Q3
0 quarters
|
|
796
AB Tax-Aware Short Duration Municipal ETF
TAFI
$1.5B
| $576K | 0.01% |
23,414
+41
| +0.2% | +$1.02K |
2023 Q3
12 quarters
|
|
797
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.28B
| $575K | 0.01% |
3,239
-2,037
| -39% | -$365K |
2019 Q1
30 quarters
|
|
798
VistaShares Target 15 Berkshire Select Income ETF
OMAH
$1.13B
| $574K | 0.01% |
32,825
+10,406
| +46% | +$193K |
2026 Q1
2 quarters
|
|
799
Innovator US Equity Power Buffer ETF December
PDEC
$975M
| $574K | 0.01% |
12,174
-56
| -0.5% | -$2.61K |
2024 Q1
10 quarters
|
|
800
First Trust Institutional Preferred Securities and Income ETF
FPEI
$1.86B
| $572K | 0.01% |
31,046
-19,528
| -39% | -$372K |
2022 Q2
17 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.