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 | |
|---|---|---|---|---|---|---|---|
1076
State Street SPDR S&P Bank ETF
KBE
$1.46B
| $205K | ﹤0.01% |
+3,000
| New | +$192K |
2026 Q2
0 quarters
|
|
1077
CALL
AST SpaceMobile
ASTS
$12.7B
| $204K | ﹤0.01% |
+2,300
| New | +$201K |
2026 Q2
0 quarters
|
|
1078
Huntington Ingalls Industries
HII
$12.2B
| $204K | ﹤0.01% |
728
-2,827
| -80% | -$945K |
2025 Q2
4 quarters
|
|
1079
Innovator US Equity Ultra Buffer ETF August
UAUG
$248M
| $203K | ﹤0.01% |
+4,835
| New | +$200K |
2026 Q2
0 quarters
|
|
1080
Marsh
MRSH
$92.8B
| $203K | ﹤0.01% |
+1,219
| New | +$204K |
2026 Q2
0 quarters
|
|
1081
Unum
UNM
$14.4B
| $203K | ﹤0.01% |
+2,272
| New | +$188K |
2026 Q2
0 quarters
|
|
1082
NiSource
NI
$21.3B
| $202K | ﹤0.01% |
4,259
-202
| -5% | -$9.6K |
2026 Q1
1 quarter
|
|
1083
First Trust Mid Cap Value AlphaDEX Fund
FNK
$235M
| $202K | ﹤0.01% |
+3,297
| New | +$196K |
2026 Q2
0 quarters
|
|
1084
Bitwise XRP ETF
XRP
$291M
| $202K | ﹤0.01% |
17,284
+5,376
| +45% | +$78.5K |
2026 Q1
1 quarter
|
|
1085
Western Asset Managed Municipals Fund
MMU
$514M
| $199K | ﹤0.01% |
19,092
+2,193
| +13% | +$22.5K |
2025 Q1
5 quarters
|
|
1086
Nuveen Preferred & Income Opportunities Fund
JPC
$2.56B
| $193K | ﹤0.01% |
24,434
+2,061
| +9% | +$16.2K |
2025 Q3
3 quarters
|
|
1087
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.08B
| $185K | ﹤0.01% |
15,733
| – | – |
2025 Q1
5 quarters
|
|
1088
BlackRock Debt Strategies Fund
DSU
$556M
| $180K | ﹤0.01% |
+18,582
| New | +$182K |
2026 Q2
0 quarters
|
|
1089
Vale
VALE
$48.5B
| $178K | ﹤0.01% |
+11,833
| New | +$193K |
2026 Q2
0 quarters
|
|
1090
Bitwise Solana Staking ETF
BSOL
$819M
| $155K | ﹤0.01% |
15,501
+4,934
| +47% | +$53.7K |
2026 Q1
1 quarter
|
|
1091
Banco Santander
SAN
$169B
| $152K | ﹤0.01% |
+10,995
| New | +$136K |
2026 Q2
0 quarters
|
|
1092
CALL
Marvell Technology
MRVL
$198B
| $149K | ﹤0.01% |
+500
| New | +$100K |
2026 Q2
0 quarters
|
|
1093
BlackRock MuniHoldings Fund
MHD
$1.88B
| $142K | ﹤0.01% |
+11,949
| New | +$140K |
2026 Q2
0 quarters
|
|
1094
Soluna Holdings
SLNH
$165M
| $135K | ﹤0.01% |
+100,000
| New | +$145K |
2026 Q2
0 quarters
|
|
1095
GAMCO Global Gold, Natural Resources & Income Trust
GGN
$801M
| $132K | ﹤0.01% |
27,288
+1,098
| +4% | +$5.72K |
2025 Q1
5 quarters
|
|
1096
BlackRock MuniYield Quality Fund
MQY
$1.57B
| $130K | ﹤0.01% |
+11,165
| New | +$127K |
2026 Q2
0 quarters
|
|
1097
Joby Aviation
JOBY
$5.08B
| $124K | ﹤0.01% |
13,914
-90
| -0.6% | -$870 |
2025 Q2
4 quarters
|
|
1098
ProQR Therapeutics
PRQR
$200M
| $119K | ﹤0.01% |
64,000
+45,000
| +237% | +$74.1K |
2024 Q1
9 quarters
|
|
1099
Liberty All-Star Equity Fund
USA
$1.84B
| $117K | ﹤0.01% |
20,193
+3,292
| +19% | +$19K |
2025 Q1
5 quarters
|
|
1100
Calamos Global Dynamic Income Fund
CHW
$506M
| $116K | ﹤0.01% |
13,059
-2,353
| -15% | -$20K |
2025 Q1
5 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.