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 | |
|---|---|---|---|---|---|---|---|
1051
BWX Technologies
BWXT
$12B
| $225K | ﹤0.01% |
1,154
-81
| -7% | -$16.9K |
2025 Q3
3 quarters
|
|
1052
Fidelity MSCI Energy Index ETF
FENY
$2.27B
| $223K | ﹤0.01% |
7,552
-4,279
| -36% | -$136K |
2026 Q1
1 quarter
|
|
1053
Banco Bilbao Vizcaya Argentaria
BBVA
$132B
| $223K | ﹤0.01% |
+8,885
| New | +$203K |
2026 Q2
0 quarters
|
|
1054
iShares Convertible Bond ETF
ICVT
$7.34B
| $222K | ﹤0.01% |
1,823
-473
| -21% | -$54.8K |
2025 Q3
3 quarters
|
|
1055
First Trust Indxx NextG ETF
NXTG
$524M
| $221K | ﹤0.01% |
+1,440
| New | +$205K |
2026 Q2
0 quarters
|
|
1056
Hilton Worldwide
HLT
$81.1B
| $219K | ﹤0.01% |
+663
| New | +$218K |
2026 Q2
0 quarters
|
|
1057
Franklin Templeton
BEN
$16.2B
| $219K | ﹤0.01% |
+6,586
| New | +$197K |
2026 Q2
0 quarters
|
|
1058
Amplify Cybersecurity ETF
HACK
$3.38B
| $219K | ﹤0.01% |
+2,084
| New | +$184K |
2026 Q2
0 quarters
|
|
1059
Howmet Aerospace
HWM
$84.7B
| $218K | ﹤0.01% |
+810
| New | +$208K |
2026 Q2
0 quarters
|
|
1060
AllianzIM U.S. Equity Buffer20 Oct ETF
OCTW
$444M
| $215K | ﹤0.01% |
5,262
-288
| -5% | -$11.6K |
2026 Q1
1 quarter
|
|
1061
FT Vest US Equity Moderate Buffer ETF September
GSEP
$365M
| $215K | ﹤0.01% |
5,252
| – | – |
2025 Q4
2 quarters
|
|
1062
Fidelity Yield Enhanced Equity ETF
FYEE
$311M
| $215K | ﹤0.01% |
+7,445
| New | +$215K |
2026 Q2
0 quarters
|
|
1063
iShares Russell 2000 Value ETF
IWN
$14.1B
| $215K | ﹤0.01% |
+971
| New | +$203K |
2026 Q2
0 quarters
|
|
1064
Invesco S&P Global Water Index ETF
CGW
$1.06B
| $214K | ﹤0.01% |
3,263
| – | – |
2025 Q2
4 quarters
|
|
1065
D.R. Horton
DHI
$41.5B
| $214K | ﹤0.01% |
+1,312
| New | +$196K |
2026 Q2
0 quarters
|
|
1066
CALL
Tesla
TSLA
$1.6T
| $210K | ﹤0.01% |
+500
| New | +$199K |
2026 Q2
0 quarters
|
|
1067
Ericsson
ERIC
$35.9B
| $210K | ﹤0.01% |
18,858
+1,105
| +6% | +$13.3K |
2019 Q1
29 quarters
|
|
1068
Targa Resources
TRGP
$63.2B
| $208K | ﹤0.01% |
776
-287
| -27% | -$73.8K |
2026 Q1
1 quarter
|
|
1069
Vanguard World Funds Extended Duration ETF
EDV
$3.87B
| $208K | ﹤0.01% |
3,194
-94
| -3% | -$6.01K |
2025 Q4
2 quarters
|
|
1070
Sandisk
SNDK
$155B
| $207K | ﹤0.01% |
+91
| New | +$130K |
2026 Q2
0 quarters
|
|
1071
Teck Resources
TECK
$30.8B
| $207K | ﹤0.01% |
+3,474
| New | +$212K |
2026 Q2
0 quarters
|
|
1072
Fidelity High Dividend ETF
FDVV
$10.5B
| $206K | ﹤0.01% |
+3,415
| New | +$203K |
2026 Q2
0 quarters
|
|
1073
Lincoln National
LNC
$7.97B
| $206K | ﹤0.01% |
5,824
+155
| +3% | +$5.57K |
2025 Q3
3 quarters
|
|
1074
Pershing Square USA
PSUS
| $206K | ﹤0.01% |
+5,500
| New | +$220K |
2026 Q2
0 quarters
|
|
1075
Textron
TXT
$15B
| $205K | ﹤0.01% |
+2,238
| New | +$203K |
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.