SILVER OAK SECURITIES, INCORPORATED

JACKSON, TN · CIK 1080576 · 13F filing filed 2023-05-05

SEC-registered investment adviser since 2010 · corporation

Assets managed$2.4bn
Staff103 · 103 in investment roles
Main clients (by assets)Individuals 59%, High net worth individuals 39%, Companies 2%
Websitesilveroaksecurities.com
Form ADV · 2026-09-09SEC adviser record

Legal entitySILVER OAK SECURITIES, INCORPORATED (US)

Kindwealth
Others nearbyJackson, TN, Louisville, KY, Knoxville, TN, Memphis, TN, Wilmette, IL, Brentwood, TN

As an employer

Offices in1 country

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Jackson, TN (main office)United States	United States	about 53
Knoxville, TNUnited States	United States	5
Memphis, TN2 officesUnited States	United States	4
Bowling Green, KYUnited States	United States	3
Brentwood, TNUnited States	United States	3
Colorado Springs, COUnited States	United States	3
Creston, IAUnited States	United States	3
Florence, KY2 officesUnited States	United States	3
Greenville, SCUnited States	United States	3
Louisville, KYUnited States	United States	3
Wilmette, ILUnited States	United States	3
Chandler, AZUnited States	United States	2

10 more cities

Greenwood, INUnited States	United States	2
Louiisville, KYUnited States	United States	2
Mount Joy, PAUnited States	United States	2
Murfreesboro, TNUnited States	United States	2
Warminster, PAUnited States	United States	2
Beachwood, OHUnited States	United States	1
Cincinnati, OHUnited States	United States	1
Kingsport, TNUnited States	United States	1
Peoria, ILUnited States	United States	1
Salt Lake City, UTUnited States	United States	1

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$609.3m reported value +14.4% vs Q4 2022

397positions

33.4%in top 10

118 new 171 added 98 reduced 24 sold out vs Q4 2022

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VICTORY PORTFOLIOS II VCSHS US EQ INCM CDC	CDC	669,910	$40.6m6.67%	6.67%	Added +22.3k	+22,254 3.4%
2	VICTORY PORTFOLIOS II VCSHS US 500 ENH CFO	CFO	601,290	$37.5m6.15%	6.15%	Reduced -34.1k	-34,142 -5.4%
3	FIRST TR EXCHANGE-TRADED FD CAP STRENGTH ETF FTCS	FTCS	400,713	$29.2m4.80%	4.80%	Added +22.8k	+22,840 6.0%
4	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	273,838	$25.1m4.13%	4.13%	Reduced -93.4k	-93,394 -25.4%
5	FIRST TR LRGE CP CORE ALPHA COM SHS FEX	FEX	222,806	$17.9m2.94%	2.94%	Reduced -6.4k	-6,442 -2.8%
6	APPLE INC COM AAPL	AAPL	77,744	$12.8m2.10%	2.10%	Added +4.1k	+4,096 5.6%
7	VICTORY PORTFOLIOS II VICSHS DV AC ETF VSDA	VSDA	242,424	$11.0m1.80%	1.80%	Added +36.5k	+36,525 17.7%
8	FIRST TR VALUE LINE DIVID IN SHS FVD	FVD	265,874	$10.7m1.75%	1.75%	Added +19.7k	+19,739 8.0%
9	WISDOMTREE TR FLOATNG RAT TREA USFR	USFR	187,512	$9.4m1.55%	1.55%	Added +8.0k	+8,039 4.5%
10	VICTORY PORTFOLIOS II VCSHS US 500 VOL CFA	CFA	136,781	$9.4m1.54%	1.54%	Reduced -749	-749 -0.5%
11	ISHARES TR CORE S&P500 ETF IVV	IVV	22,553	$9.3m1.52%	1.52%	Reduced -2.2k	-2,243 -9.1%
12	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	27,607	$8.9m1.45%	1.45%	Reduced -1.9k	-1,919 -6.5%
13	ETF SER SOLUTIONS APTUS DEFINED DRSK	DRSK	337,358	$8.8m1.44%	1.44%	Added +19.6k	+19,607 6.2%
14	ISHARES TR 0-5 YR TIPS ETF STIP	STIP	77,585	$7.7m1.26%	1.26%	Reduced -1.4k	-1,434 -1.8%
15	ISHARES TR TRS FLT RT BD TFLO	TFLO	145,704	$7.4m1.21%	1.21%	Added +11.5k	+11,517 8.6%
16	ETF SER SOLUTIONS APTUS COLLRD INV ACIO	ACIO	239,126	$7.2m1.18%	1.18%	Added +11.6k	+11,649 5.1%
17	FIRST TR EXCHANGE TRADED FD RISNG DIVD ACHIV RDVY	RDVY	160,314	$7.2m1.18%	1.18%	Added +15.6k	+15,566 10.8%
18	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	31,728	$6.5m1.07%	1.07%	Added +7.2k	+7,209 29.4%
19	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	155,142	$6.3m1.04%	1.04%	Reduced -11.2k	-11,218 -6.7%
20	ISHARES TR GLOBAL 100 ETF IOO	IOO	89,362	$6.3m1.03%	1.03%	Reduced -7.5k	-7,495 -7.7%
21	WISDOMTREE TR INTRST RATE HDGE AGZD	AGZD	139,879	$6.1m1.00%	1.00%	Reduced -34.6k	-34,601 -19.8%
22	CATERPILLAR INC COM CAT	CAT	26,175	$6.0m0.98%	0.98%	Reduced -738	-738 -2.7%
23	ISHARES TR TIPS BD ETF TIP	TIP	50,702	$5.6m0.92%	0.92%	Added +11.2k	+11,175 28.3%
24	GOLDMAN SACHS ETF TR ACCES TREASURY GBIL	GBIL	54,371	$5.4m0.89%	0.89%	Added +2.8k	+2,849 5.5%
25	AMAZON COM INC COM AMZN	AMZN	48,912	$5.1m0.83%	0.83%	Reduced -1.6k	-1,580 -3.1%
26	ETF SER SOLUTIONS APTUS DRAWDOWN ADME	ADME	140,951	$4.9m0.80%	0.80%	Added +7.5k	+7,545 5.7%
27	ETF SER SOLUTIONS APTUS ENHANCED JUCY	JUCY	186,924	$4.7m0.76%	0.76%	Added +10.9k	+10,944 6.2%
28	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	93,769	$4.5m0.74%	0.74%	Added +5.9k	+5,912 6.7%
29	FIRST TR EXCHNG TRADED FD VI TCW OPPORTUNIS FIXD	FIXD	99,951	$4.5m0.74%	0.74%	Added +10.2k	+10,159 11.3%
30	ETF SER SOLUTIONS OPUS SML CP VL OSCV	OSCV	144,299	$4.5m0.74%	0.74%	Added +10.6k	+10,642 8.0%
31	MICROSOFT CORP COM MSFT	MSFT	15,367	$4.4m0.73%	0.73%	Added +2.4k	+2,426 18.8%
32	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	59,730	$4.4m0.72%	0.72%	Added +5.3k	+5,262 9.7%
33	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	19,099	$3.9m0.64%	0.64%	Added +4.1k	+4,108 27.4%
34	VANECK MERK GOLD ETF GOLD SHS OUNZ	OUNZ	197,119	$3.8m0.62%	0.62%	Added +3.7k	+3,702 1.9%
35	ISHARES TR CORE S&P SCP ETF IJR	IJR	37,956	$3.7m0.60%	0.60%	Reduced -489	-489 -1.3%
36	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	48,722	$3.6m0.59%	0.59%	Added +28.3k	+28,303 138.6%
37	ISHARES TR CORE S&P US VLU IUSV	IUSV	46,978	$3.5m0.57%	0.57%	Reduced -2.0k	-1,999 -4.1%
38	SPDR GOLD TR GOLD SHS GLD	GLD	18,031	$3.3m0.54%	0.54%	Added +7.8k	+7,832 76.8%
39	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	8,051	$3.3m0.54%	0.54%	Added +3.1k	+3,064 61.4%
40	ETF SER SOLUTIONS CLEARSHS ULTRA OPER	OPER	32,535	$3.3m0.53%	0.53%	Reduced -121	-121 -0.4%
41	NVIDIA CORPORATION COM NVDA	NVDA	11,728	$3.3m0.53%	0.53%	Added +929	+929 8.6%
42	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	58,848	$3.2m0.53%	0.53%	Added +8.0k	+7,990 15.7%
43	CAPITAL GROUP DIVIDEND VALUE SHS CREATION UNI CGDV	CGDV	121,251	$3.0m0.50%	0.50%	Added +14.0k	+13,985 13.0%
44	VICTORY PORTFOLIOS II VCSHS US LRG CAP CDL	CDL	52,170	$3.0m0.49%	0.49%	Added +360	+360 0.7%
45	J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF JPST	JPST	58,818	$3.0m0.49%	0.49%	Added +11.7k	+11,724 24.9%
46	FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT LMBS	LMBS	61,569	$2.9m0.48%	0.48%	Added +7.4k	+7,354 13.6%
47	ETF SER SOLUTIONS APTUS INT ENH YL IDUB	IDUB	146,644	$2.9m0.48%	0.48%	Added +6.8k	+6,815 4.9%
48	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	42,460	$2.9m0.47%	0.47%	Added +6.9k	+6,911 19.4%
49	EXXON MOBIL CORP COM XOM	XOM	25,913	$2.8m0.47%	0.47%	Reduced -331	-331 -1.3%
50	ALPHABET INC CAP STK CL A GOOGL	GOOGL	26,061	$2.7m0.44%	0.44%	Added +5.1k	+5,078 24.2%
51	META PLATFORMS INC CL A META	META	12,147	$2.6m0.42%	0.42%	Added +275	+275 2.3%
52	AUTOZONE INC COM AZO	AZO	930	$2.3m0.38%	0.38%	Reduced -14	-14 -1.5%
53	ISHARES TR CORE S&P MCP ETF IJH	IJH	9,134	$2.3m0.38%	0.38%	Reduced -23	-23 -0.2%
54	PROSHARES TR S&P MDCP 400 DIV REGL	REGL	30,255	$2.1m0.35%	0.35%	Reduced -454	-454 -1.5%
55	ISHARES TR INTL DIV GRWTH IGRO	IGRO	34,973	$2.1m0.35%	0.35%	Added +1.9k	+1,879 5.7%
56	VANGUARD INDEX FDS SMALL CP ETF VB	VB	11,074	$2.1m0.34%	0.34%	Added +439	+439 4.1%
57	PROCTER AND GAMBLE CO COM PG	PG	14,024	$2.1m0.34%	0.34%	Added +291	+291 2.1%
58	FLEXSHARES TR FLEXSHARES ULTRA RAVI	RAVI	27,627	$2.1m0.34%	0.34%	Reduced -3.7k	-3,701 -11.8%
59	SPDR SER TR BBG CONV SEC ETF CWB	CWB	30,301	$2.0m0.33%	0.33%	New
60	LISTED FD TR HORIZON KINETICS INFL	INFL	63,901	$2.0m0.32%	0.32%	Added +5.4k	+5,434 9.3%
61	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	12,342	$2.0m0.32%	0.32%	Added +430	+430 3.6%
62	FIRST TR EXCHANGE-TRADED FD FIRST TR ENH NEW FTSM	FTSM	32,842	$2.0m0.32%	0.32%	Added +5.1k	+5,080 18.3%
63	NORTHERN LTS FD TR IV INSPI GROWT ETF GLRY	GLRY	76,608	$1.9m0.32%	0.32%	New
64	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	38,845	$1.9m0.32%	0.32%	Added +946	+946 2.5%
65	ISHARES TR S&P 500 GRWT ETF IVW	IVW	28,981	$1.9m0.30%	0.30%	Added +9.6k	+9,557 49.2%
66	INVESCO EXCHANGE TRADED FD T S&P500 QUALITY SPHQ	SPHQ	38,680	$1.8m0.30%	0.30%	New
67	T ROWE PRICE ETF INC PRICE DIV GRWT TDVG	TDVG	56,973	$1.8m0.30%	0.30%	Added +2.3k	+2,274 4.2%
68	SCHWAB STRATEGIC TR FUNDAMENTAL INTL FNDF	FNDF	56,344	$1.8m0.29%	0.29%	Added +11.2k	+11,155 24.7%
69	SPDR SER TR PORTFOLIO SH TSR SPTS	SPTS	59,702	$1.7m0.29%	0.29%	Reduced -229	-229 -0.4%
70	FIRST TR SML CP CORE ALPHA F COM SHS FYX	FYX	21,449	$1.7m0.28%	0.28%	Added +3.9k	+3,911 22.3%
71	ISHARES GOLD TR ISHARES NEW IAU	IAU	44,110	$1.6m0.27%	0.27%	Added +32.4k	+32,389 276.3%
72	ISHARES TR EAFE GRWTH ETF EFG	EFG	17,578	$1.6m0.27%	0.27%	Added +763	+763 4.5%
73	INVESCO EXCH TRD SLF IDX FD RUSL 1000 DYNM OMFL	OMFL	34,957	$1.6m0.27%	0.27%	New
74	FIRST TRUST LRGCP GWT ALPHAD COM SHS FTC	FTC	17,262	$1.6m0.26%	0.26%	Reduced -222	-222 -1.3%
75	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	39,582	$1.6m0.26%	0.26%	Added +6.6k	+6,625 20.1%
76	TRANSOCEAN LTD REGISTERED SHS RIG	RIG	250,777	$1.6m0.26%	0.26%	Added +2.5k	+2,500 1.0%
77	FIRST TR EXCHANGE-TRADED FD LARGE CP US EQ SHRY	SHRY	51,132	$1.6m0.26%	0.26%	Added +530	+530 1.1%
78	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	15,360	$1.5m0.25%	0.25%	Reduced -647	-647 -4.0%
79	ISHARES TR MSCI ACWI ETF ACWI	ACWI	16,197	$1.5m0.24%	0.24%	Added +5.3k	+5,262 48.1%
80	ISHARES TR 7-10 YR TRSY BD IEF	IEF	14,461	$1.4m0.24%	0.24%	Added +9.3k	+9,346 182.7%
81	AMERICAN CENTY ETF TR US SML CP VALU AVUV	AVUV	18,678	$1.4m0.23%	0.23%	Reduced -878	-878 -4.5%
82	FIRST TR EXCHANGE-TRADED FD LUNT US FACTOR FCTR	FCTR	50,319	$1.4m0.23%	0.23%	Added +36.0k	+35,967 250.6%
83	VANGUARD MUN BD FDS TAX EXEMPT BD VTEB	VTEB	27,225	$1.4m0.23%	0.23%	Unchanged
84	NORTHERN LTS FD TR IV INSPIRE CORP BD IBD	IBD	57,996	$1.4m0.22%	0.22%	Added +38.4k	+38,440 196.6%
85	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	42,101	$1.4m0.22%	0.22%	Added +12.7k	+12,716 43.3%
86	FIRST TR EXCHANGE-TRADED FD MULTI ASSET DI MDIV	MDIV	90,915	$1.3m0.22%	0.22%	New
87	FIRST TR EXCHANGE-TRADED FD DEVELOPED INTL DEVELOPED INTL		26,767	$1.3m0.22%	0.22%	Added +500	+500 1.9%
88	FIRST TR MORNINGSTAR DIVID L SHS FDL	FDL	36,807	$1.3m0.21%	0.21%	Added +6.8k	+6,799 22.7%
89	PACER FDS TR LUNT LRGCP MULTI PALC	PALC	37,551	$1.3m0.21%	0.21%	Added +26.5k	+26,462 238.6%
90	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	5,169	$1.3m0.21%	0.21%	Added +2.9k	+2,908 128.6%
91	HOME DEPOT INC COM HD	HD	4,360	$1.3m0.21%	0.21%	Reduced -133	-133 -3.0%
92	ISHARES TR GOV/CRED BD ETF AGGM	AGGM	12,063	$1.3m0.21%	0.21%	Added +23	+23 0.2%
93	FIRST TR EXCHANGE-TRADED FD DORSY WR MOMNT DVOL	DVOL	47,149	$1.2m0.20%	0.20%	Added +1.6k	+1,561 3.4%
94	PACER FDS TR LUNT LRG CP ALTR ALTL	ALTL	32,497	$1.2m0.20%	0.20%	New
95	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	3,215	$1.2m0.20%	0.20%	Reduced -693	-693 -17.7%
96	ISHARES TR IBOXX INV CP ETF LQD	LQD	10,829	$1.2m0.19%	0.19%	Added +912	+912 9.2%
97	ISHARES TR MSCI USA MMENTM MTUM	MTUM	8,173	$1.1m0.19%	0.19%	Added +2.5k	+2,493 43.9%
98	TESLA INC COM TSLA	TSLA	5,462	$1.1m0.19%	0.19%	Added +792	+792 17.0%
99	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	7,381	$1.1m0.18%	0.18%	Added +535	+535 7.8%
100	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	24,660	$1.1m0.18%	0.18%	Added +1.1k	+1,074 4.5%

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
ISHARES TR IJJ	IJJ	16,894	$1.7m16.9k shares
ISHARES TR IVE	IVE	11,617	$1.7m11.6k shares
GLOBAL X FDS MLPA	MLPA	21,264	$878.0k21.3k shares
INVESCO EXCH TRADED FD TR II XSLV	XSLV	18,999	$848.0k19.0k shares
SELECT SECTOR SPDR TR XLE	XLE	9,687	$847.0k9.7k shares
INVESCO EXCHANGE TRADED FD T PFI	PFI	15,097	$615.0k15.1k shares
INVESCO DB COMMDY INDX TRCK DBC	DBC	19,351	$477.0k19.4k shares
TRANSMEDICS GROUP INC TMDX	TMDX	5,166	$319.0k5.2k shares
VANGUARD INTL EQUITY INDEX F VGK	VGK	5,284	$293.0k5.3k shares
ISHARES TR IWM	IWM	1,644	$287.0k1.6k shares
ISHARES TR SCZ	SCZ	4,297	$243.0k4.3k shares
KRAFT HEINZ CO KHC	KHC	5,863	$239.0k5.9k shares
INVESCO EXCHANGE TRADED FD T RSPG	RSPG	2,990	$217.0k3.0k shares
BANK AMERICA CORP BAC	BAC	6,504	$215.0k6.5k shares
FIRST TR EXCH TRADED FD III FUMB	FUMB	10,759	$215.0k10.8k shares
INVESCO EXCH TRADED FD TR II TBLL	TBLL	1,978	$208.0k2.0k shares
ALLIANT ENERGY CORP LNT	LNT	3,740	$206.0k3.7k shares
FISERV INC FISV	FISV	2,013	$203.0k2.0k shares
METLIFE INC MET	MET	2,806	$203.0k2.8k shares
DEXCOM INC DXCM	DXCM	1,795	$203.0k1.8k shares
ROPER TECHNOLOGIES INC ROP	ROP	468	$202.0k468 shares
BARINGS CORPORATE INVS MCI	MCI	13,928	$194.0k13.9k shares
OAKTREE SPECIALTY LENDING CO		11,050	$76.0k11.1k shares
LIBERTY ALL STAR EQUITY FD USA	USA	13,128	$75.0k13.1k shares