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 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$7.74M |
| 2 |
Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
|
+$3.28M |
| 3 |
Vanguard Consumer Discretionary ETF
VCR
|
+$2.59M |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$1.9M |
| 5 |
Alerian MLP ETF
AMLP
|
+$1.86M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$4.02M |
| 2 |
Vanguard Morningstar Mega Cap Growth ETF
MGK
|
+$1.74M |
| 3 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$1.61M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$1.2M |
| 5 |
SNLN
Highland/iBoxx Senior Loan ETF
SNLN
|
+$1.03M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 67.66% |
| 2 | Healthcare | 5.48% |
| 3 | Technology | 4.95% |
| 4 | Consumer Staples | 4.4% |
| 5 | Financials | 3.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Invesco S&P 500 Equal Weight ETF
RSP
$105B
| $27.9M | 19.19% |
301,055
+84,436
| +39% | +$7.74M |
2017 Q1
1 quarter
|
|
2
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.24B
| $15.1M | 10.36% |
490,175
+42,274
| +9% | +$1.3M |
2017 Q1
1 quarter
|
|
|
3
Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
$2.16B
| $9.39M | 6.47% |
823,969
+289,447
| +54% | +$3.28M |
2017 Q1
1 quarter
|
|
|
4
Vanguard Consumer Discretionary ETF
VCR
$6.16B
| $7.13M | 4.91% |
50,470
+18,346
| +57% | +$2.59M |
2017 Q1
1 quarter
|
|
|
5
Alerian MLP ETF
AMLP
$12.4B
| $5.45M | 3.75% |
91,694
+30,486
| +50% | +$1.86M |
2017 Q1
1 quarter
|
|
6
Southern Company
SO
$109B
| $3.17M | 2.19% |
66,935
-1,195
| -2% | -$59.9K |
2015 Q1
9 quarters
|
|
|
7
iShares Russell 1000 ETF
IWB
$47.9B
| $3.17M | 2.18% |
23,497
+14,223
| +153% | +$1.9M |
2017 Q1
1 quarter
|
|
8
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.7B
| $2.64M | 1.82% |
50,142
+26,364
| +111% | +$1.39M |
2017 Q1
1 quarter
|
|
9
Vanguard Intermediate-Term Bond ETF
BIV
$28.4B
| $2.44M | 1.68% |
29,059
+14,410
| +98% | +$1.22M |
2017 Q1
1 quarter
|
|
10
Vanguard Dividend Appreciation ETF
VIG
$118B
| $2.27M | 1.56% |
24,479
+14,721
| +151% | +$1.35M |
2017 Q1
1 quarter
|
|
11
Coca-Cola
KO
$427B
| $2.12M | 1.46% |
47,646
-69
| -0.1% | -$3.05K |
2017 Q1
1 quarter
|
|
12
Vanguard Morningstar Mid-Cap ETF
VO
$108B
| $2.08M | 1.43% |
58,272
+34,832
| +149% | +$1.23M |
2017 Q1
1 quarter
|
|
13
Apple
AAPL
$5.18T
| $2.05M | 1.41% |
56,660
+808
| +1% | +$29.9K |
2015 Q1
9 quarters
|
|
14
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.34B
| $1.86M | 1.28% |
16,746
+8,936
| +114% | +$994K |
2017 Q1
1 quarter
|
|
15
iShares Global 100 ETF
IOO
$9.01B
| $1.44M | 0.99% |
34,036
+21,160
| +164% | +$889K |
2017 Q1
1 quarter
|
|
16
Johnson & Johnson
JNJ
$688B
| $1.43M | 0.98% |
10,837
-275
| -2% | -$35.1K |
2015 Q2
8 quarters
|
|
17
Altria Group
MO
$131B
| $1.36M | 0.94% |
18,437
-192
| -1% | -$14K |
2015 Q2
8 quarters
|
|
18
Vanguard Morningstar Total Stock Market ETF
VTI
$689B
| $1.32M | 0.91% |
10,559
-5,153
| -33% | -$635K |
2015 Q4
6 quarters
|
|
19
Meta Platforms (Facebook)
META
$1.64T
| $1.18M | 0.81% |
7,715
+738
| +11% | +$110K |
2015 Q2
8 quarters
|
|
20
AbbVie
ABBV
$521B
| $1.1M | 0.76% |
15,380
-670
| -4% | -$45K |
2015 Q2
8 quarters
|
|
21
Invesco Senior Loan ETF
BKLN
$5.79B
| $1.09M | 0.75% |
47,020
+5,364
| +13% | +$125K |
2016 Q3
3 quarters
|
|
22
Verizon
VZ
$192B
| $1.01M | 0.69% |
23,281
+55
| +0.2% | +$2.56K |
2016 Q1
5 quarters
|
|
23
iShares Core S&P 500 ETF
IVV
$876B
| $979K | 0.67% |
4,015
+1,006
| +33% | +$243K |
2015 Q4
6 quarters
|
|
|
24
Vanguard Morningstar Mega Cap Growth ETF
MGK
$32.4B
| $944K | 0.65% |
47,115
-87,805
| -65% | -$1.74M |
2016 Q3
3 quarters
|
|
25
iShares TIPS Bond ETF
TIP
$14.3B
| $941K | 0.65% |
8,373
+203
| +2% | +$23.2K |
2016 Q3
3 quarters
|
|
Similar funds
RFG Advisory's Q2 2017 Portfolio in Review
As of Q2 2017, RFG Advisory held 144 positions worth $145M, up 9.7% from $132M the previous quarter. Its ten largest holdings account for 54% of the portfolio.
RFG Advisory deployed $11.3M of net new capital in Q2 2017, opening 10 new positions and adding to 71 existing holdings. Its largest new stake was Bank of America: 16,613 shares worth $413K.
By sector, the portfolio is most concentrated in Miscellaneous at 68% of assets, up from 65% a quarter earlier, followed by Healthcare and Technology.
On the sell side, the largest reduction was Vanguard Morningstar Mega Cap Growth ETF, an estimated $1.74M trimmed.
- RFG Advisory's largest Q2 2017 buy was Bank of America: 16,613 shares worth $413K.
- RFG Advisory added most to Invesco S&P 500 Equal Weight ETF in Q2 2017, an estimated $7.74M increase.
- RFG Advisory's biggest Q2 2017 reduction was Vanguard Morningstar Mega Cap Growth ETF, cutting an estimated $1.74M.
- RFG Advisory fully exited iShares 0-1 Year Treasury Bond ETF in Q2 2017, selling an estimated $4.02M.
- RFG Advisory's ten largest holdings make up 54% of its $145M portfolio in Q2 2017.
- RFG Advisory opened 10 new positions and closed 11 in Q2 2017.
- RFG Advisory's portfolio value rose 9.7% quarter-over-quarter to $145M.
Based on RFG Advisory's 13F filing for Q2 2017, filed 7 Aug 2017.