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 | |
|---|---|---|---|---|---|---|---|
1001
Global X Video Games & Esports ETF
HERO
$59.3M
| $248K | ﹤0.01% |
10,014
| – | – |
2025 Q2
4 quarters
|
|
1002
VanEck High Yield Muni ETF
HYD
$4.58B
| $247K | ﹤0.01% |
4,792
+49
| +1% | +$2.5K |
2026 Q1
1 quarter
|
|
1003
WisdomTree India Earnings Fund ETF
EPI
$1.82B
| $247K | ﹤0.01% |
5,764
+497
| +9% | +$21.2K |
2025 Q2
4 quarters
|
|
1004
Valero Energy
VLO
$106B
| $246K | ﹤0.01% |
946
+135
| +17% | +$33.2K |
2026 Q1
1 quarter
|
|
1005
Airbnb
ABNB
$101B
| $246K | ﹤0.01% |
1,720
-301
| -15% | -$41.1K |
2024 Q1
9 quarters
|
|
1006
Qnity Electronics Inc
Q
$24.1B
| $246K | ﹤0.01% |
+1,505
| New | +$222K |
2026 Q2
0 quarters
|
|
1007
Northern Trust iBoxx 5-Year Target Duration TIPS ETF
TDTF
$1.14B
| $245K | ﹤0.01% |
10,326
-7,612
| -42% | -$183K |
2026 Q1
1 quarter
|
|
1008
Ryanair
RYAAY
$28.6B
| $245K | ﹤0.01% |
3,788
+202
| +6% | +$11.9K |
2025 Q2
4 quarters
|
|
1009
iShares S&P Small-Cap 600 Value ETF
IJS
$7.79B
| $245K | ﹤0.01% |
+1,794
| New | +$231K |
2026 Q2
0 quarters
|
|
1010
VanEck Short Muni ETF
SMB
$391M
| $245K | ﹤0.01% |
+14,109
| New | +$244K |
2026 Q2
0 quarters
|
|
1011
First Trust Active Factor Small Cap ETF
AFSM
$132M
| $243K | ﹤0.01% |
5,916
-959
| -14% | -$35.8K |
2026 Q1
1 quarter
|
|
1012
BP
BP
$123B
| $242K | ﹤0.01% |
6,560
-6
| -0.1% | -$263 |
2023 Q3
11 quarters
|
|
1013
SEI Investments
SEIC
$12.6B
| $242K | ﹤0.01% |
2,763
+70
| +3% | +$6.11K |
2026 Q1
1 quarter
|
|
1014
JPMorgan Ultra-Short Income ETF
JPST
$42.4B
| $242K | ﹤0.01% |
+4,778
| New | +$241K |
2026 Q2
0 quarters
|
|
1015
Sanofi
SNY
$109B
| $241K | ﹤0.01% |
+5,639
| New | +$252K |
2026 Q2
0 quarters
|
|
1016
Incyte
INCY
$24.5B
| $240K | ﹤0.01% |
2,120
-555
| -21% | -$55K |
2025 Q3
3 quarters
|
|
1017
Schwab Short-Term US Treasury ETF
SCHO
$15.7B
| $240K | ﹤0.01% |
9,926
+855
| +9% | +$20.7K |
2025 Q2
4 quarters
|
|
1018
WisdomTree US SmallCap Dividend Fund
DES
$2.13B
| $238K | ﹤0.01% |
+5,863
| New | +$226K |
2026 Q2
0 quarters
|
|
1019
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.24B
| $238K | ﹤0.01% |
+6,509
| New | +$238K |
2026 Q2
0 quarters
|
|
1020
General Mills
GIS
$18.6B
| $237K | ﹤0.01% |
+6,819
| New | +$235K |
2026 Q2
0 quarters
|
|
1021
Vanguard FTSE Europe ETF
VGK
$30B
| $237K | ﹤0.01% |
+2,680
| New | +$235K |
2026 Q2
0 quarters
|
|
1022
Nuveen ESG Large-Cap Value ETF
NULV
$2.59B
| $237K | ﹤0.01% |
4,743
-6,008
| -56% | -$297K |
2025 Q4
2 quarters
|
|
1023
Arm
ARM
$210B
| $236K | ﹤0.01% |
666
-5,500
| -89% | -$1.46M |
2025 Q1
5 quarters
|
|
1024
Hyperliquid Strategies Inc
PURR
$1.92B
| $236K | ﹤0.01% |
+30,000
| New | +$222K |
2026 Q2
0 quarters
|
|
1025
Manulife Financial
MFC
$74B
| $236K | ﹤0.01% |
+5,822
| New | +$225K |
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.