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 Global Equity ETF
BINT
|
+$79.7M |
| 2 |
Bluemonte Dynamic Total Market ETF
BLUX
|
+$77M |
| 3 |
Bluemonte Core Bond ETF
BDBT
|
+$64M |
| 4 |
Bluemonte Large Cap Core ETF
BLUC
|
+$46.7M |
| 5 |
Bluemonte Large Cap Growth ETF
BLGR
|
+$36.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BioCryst Pharmaceuticals
BCRX
|
+$27.3M |
| 2 |
Invesco S&P International Developed Momentum ETF
IDMO
|
+$25.4M |
| 3 |
Invesco S&P 500 Momentum ETF
SPMO
|
+$16M |
| 4 |
Invesco NASDAQ 100 ETF
QQQM
|
+$15.5M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$8.18M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 84.43% |
| 2 | Technology | 5.55% |
| 3 | Consumer Discretionary | 1.68% |
| 4 | Financials | 1.58% |
| 5 | Communication Services | 1.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
951
Innovator US Equity Buffer ETF November
BNOV
$193M
| $296K | ﹤0.01% |
6,185
-58
| -0.9% | -$2.7K |
2023 Q4
10 quarters
|
|
952
Innovator US Equity Buffer ETF January
BJAN
$342M
| $295K | ﹤0.01% |
5,007
-74
| -1% | -$4.26K |
2023 Q2
12 quarters
|
|
953
Cadence Design Systems
CDNS
$90B
| $295K | ﹤0.01% |
+785
| New | +$275K |
2026 Q2
0 quarters
|
|
954
Coca-Cola Consolidated
COKE
$14B
| $293K | ﹤0.01% |
+1,534
| New | +$286K |
2026 Q2
0 quarters
|
|
955
iShares US Tech Breakthrough Multisector ETF
TECB
$485M
| $290K | ﹤0.01% |
4,041
-281
| -7% | -$18.7K |
2025 Q4
2 quarters
|
|
956
DNP Select Income Fund
DNP
$3.85B
| $289K | ﹤0.01% |
26,738
-228
| -0.8% | -$2.43K |
2022 Q2
16 quarters
|
|
957
iShares Global Clean Energy ETF
ICLN
$1.99B
| $288K | ﹤0.01% |
+14,074
| New | +$292K |
2026 Q2
0 quarters
|
|
958
Global X Lithium & Battery Tech ETF
LIT
$1.12B
| $287K | ﹤0.01% |
+3,669
| New | +$304K |
2026 Q2
0 quarters
|
|
959
Keel Infrastructure Corp
KEEL
$1.17B
| $287K | ﹤0.01% |
+50,000
| New | +$215K |
2026 Q2
0 quarters
|
|
960
WisdomTree Emerging Markets Local Debt Fund
ELD
$130M
| $285K | ﹤0.01% |
9,932
+208
| +2% | +$5.99K |
2024 Q1
9 quarters
|
|
961
lululemon athletica
LULU
$12.5B
| $285K | ﹤0.01% |
2,492
+61
| +3% | +$8.15K |
2018 Q3
31 quarters
|
|
962
Snowflake
SNOW
$103B
| $284K | ﹤0.01% |
1,114
-794
| -42% | -$146K |
2025 Q2
4 quarters
|
|
963
ServisFirst Bancshares
SFBS
$4.4B
| $280K | ﹤0.01% |
6,466
+146
| +2% | +$5.76K |
2023 Q3
11 quarters
|
|
964
CALL
Nektar Therapeutics
NKTR
$1.33B
| $279K | ﹤0.01% |
+4,000
| New | +$293K |
2026 Q2
0 quarters
|
|
965
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$19.5B
| $276K | ﹤0.01% |
5,197
-6,427
| -55% | -$342K |
2025 Q3
3 quarters
|
|
966
VanEck Morningstar Wide Moat ETF
MOAT
$11.9B
| $275K | ﹤0.01% |
2,649
-1,944
| -42% | -$197K |
2023 Q3
11 quarters
|
|
967
Schwab Fundamental US Large Company Index ETF
FNDX
$28.4B
| $275K | ﹤0.01% |
8,832
-11,418
| -56% | -$345K |
2026 Q1
1 quarter
|
|
968
First Trust Exchange-Traded Fund VIII First Trust Flexible Municipal High Income ETF
MFLX
$19.7M
| $274K | ﹤0.01% |
15,748
| – | – |
2025 Q2
4 quarters
|
|
969
Advanced Drainage Systems
WMS
$10.2B
| $273K | ﹤0.01% |
1,739
+9
| +0.5% | +$1.29K |
2026 Q1
1 quarter
|
|
970
Edison International
EIX
$23B
| $273K | ﹤0.01% |
+3,665
| New | +$261K |
2026 Q2
0 quarters
|
|
971
Dollar General
DG
$30B
| $273K | ﹤0.01% |
2,369
+149
| +7% | +$16.9K |
2025 Q1
5 quarters
|
|
972
Jumia Technologies
JMIA
$690M
| $272K | ﹤0.01% |
38,528
+7,559
| +24% | +$53.7K |
2025 Q2
4 quarters
|
|
973
Wheaton Precious Metals
WPM
$52.9B
| $269K | ﹤0.01% |
2,394
-11
| -0.5% | -$1.43K |
2025 Q4
2 quarters
|
|
974
AB Ultra Short Income ETF
YEAR
$1.59B
| $268K | ﹤0.01% |
5,314
+35
| +0.7% | +$1.76K |
2024 Q1
9 quarters
|
|
975
iShares Russell Mid-Cap Value ETF
IWS
$15.1B
| $267K | ﹤0.01% |
+1,623
| New | +$256K |
2026 Q2
0 quarters
|
|
Similar funds
RFG Advisory's Q2 2026 Portfolio in Review
As of Q2 2026, RFG Advisory held 1,200 positions worth $6.4B, up 18% from $5.44B the previous quarter. Its ten largest holdings account for 44% of the portfolio.
RFG Advisory deployed $407M of net new capital in Q2 2026, opening 163 new positions and adding to 519 existing holdings. Its largest new stake was Putnam Focused Large Cap Growth ETF: 264,218 shares worth $12.6M.
By sector, the portfolio is most concentrated in Miscellaneous at 84% of assets, up from 84% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Invesco S&P International Developed Momentum ETF, an estimated $25.4M trimmed.
- RFG Advisory's largest Q2 2026 buy was Putnam Focused Large Cap Growth ETF: 264,218 shares worth $12.6M.
- RFG Advisory added most to Bluemonte Global Equity ETF in Q2 2026, an estimated $79.7M increase.
- RFG Advisory's biggest Q2 2026 reduction was Invesco S&P International Developed Momentum ETF, cutting an estimated $25.4M.
- RFG Advisory fully exited BioCryst Pharmaceuticals in Q2 2026, selling an estimated $27.3M.
- RFG Advisory's ten largest holdings make up 44% of its $6.4B portfolio in Q2 2026.
- RFG Advisory opened 163 new positions and closed 74 in Q2 2026.
- RFG Advisory's portfolio value rose 18% quarter-over-quarter to $6.4B.
Based on RFG Advisory's 13F filing for Q2 2026, filed 15 Jul 2026.