SILVER OAK SECURITIES, INCORPORATED

JACKSON, TN · CIK 1080576 · 13F filing filed 2023-11-20

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)

$459.9m reported value -26.0% vs Q2 2023

443positions

35.9%in top 10

88 new 79 added 267 reduced 69 sold out vs Q2 2023

Holdings, Q3 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	624,411	$34.9m7.58%	7.58%	Reduced -33.1k	-33,147 -5.0%
2	FIRST TR EXCHANGE-TRADED FD NY ARCA BIOTECH FBT	FBT	429,148	$31.7m6.89%	6.89%	New
3	VICTORY PORTFOLIOS II VCSHS US 500 ENH CFO	CFO	528,587	$31.1m6.77%	6.77%	Reduced -31.5k	-31,517 -5.6%
4	FIRST TR LRGE CP CORE ALPHA COM SHS FEX	FEX	194,604	$15.8m3.43%	3.43%	Reduced -30.6k	-30,638 -13.6%
5	FIRST TR VALUE LINE DIVID IN SHS FVD	FVD	309,315	$11.6m2.51%	2.51%	Reduced -17.5k	-17,457 -5.3%
6	VICTORY PORTFOLIOS II VCSHS US 500 VOL CFA	CFA	132,225	$9.0m1.96%	1.96%	Reduced -166	-166 -0.1%
7	FIRST TR EXCHANGE TRADED FD RISNG DIVD ACHIV RDVY	RDVY	182,725	$8.4m1.83%	1.83%	Added +15.0k	+14,992 8.9%
8	APPLE INC COM AAPL	AAPL	44,738	$7.7m1.67%	1.67%	Reduced -33.2k	-33,193 -42.6%
9	ISHARES TR 0-5 YR TIPS ETF STIP	STIP	76,486	$7.4m1.61%	1.61%	Reduced -47.8k	-47,777 -38.5%
10	ISHARES TR TRS FLT RT BD TFLO	TFLO	145,243	$7.4m1.60%	1.60%	Reduced -3.7k	-3,723 -2.5%
11	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	80,025	$7.3m1.60%	1.60%	Reduced -90.0k	-90,027 -52.9%
12	WISDOMTREE TR FLOATNG RAT TREA USFR	USFR	133,585	$6.7m1.46%	1.46%	Added +6.8k	+6,803 5.4%
13	CATERPILLAR INC COM CAT	CAT	22,766	$6.2m1.35%	1.35%	Reduced -3.7k	-3,734 -14.1%
14	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	17,337	$6.2m1.35%	1.35%	New
15	INVESCO EXCH TRD SLF IDX FD RUSL 1000 DYNM OMFL	OMFL	131,597	$6.0m1.31%	1.31%	Added +87.8k	+87,821 200.6%
16	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	83,444	$5.9m1.28%	1.28%	Added +8.2k	+8,222 10.9%
17	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	119,003	$4.9m1.07%	1.07%	Reduced -56.2k	-56,222 -32.1%
18	FIRST TR EXCHNG TRADED FD VI TCW OPPORTUNIS FIXD	FIXD	114,383	$4.8m1.05%	1.05%	Added +13.8k	+13,828 13.8%
19	WISDOMTREE TR INTRST RATE HDGE AGZD	AGZD	215,961	$4.8m1.04%	1.04%	Reduced -183.3k	-183,295 -45.9%
20	ISHARES TR CORE S&P500 ETF IVV	IVV	10,741	$4.6m1.00%	1.00%	Reduced -8.9k	-8,885 -45.3%
21	CAPITAL GROUP DIVIDEND VALUE SHS CREATION UNI CGDV	CGDV	172,621	$4.6m0.99%	0.99%	Added +21.9k	+21,874 14.5%
22	ETF SER SOLUTIONS APTUS COLLRD INV ACIO	ACIO	139,445	$4.2m0.92%	0.92%	Reduced -99.7k	-99,663 -41.7%
23	ISHARES TR GLOBAL 100 ETF IOO	IOO	57,398	$4.2m0.91%	0.91%	Reduced -45.3k	-45,344 -44.1%
24	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	67,912	$3.6m0.79%	0.79%	Added +5.1k	+5,100 8.1%
25	SCHWAB STRATEGIC TR US MID-CAP ETF SCHM	SCHM	53,435	$3.6m0.79%	0.79%	Added +395	+395 0.7%
26	ETF SER SOLUTIONS CLEARSHS ULTRA OPER	OPER	33,999	$3.4m0.74%	0.74%	Reduced -23	-23 -0.1%
27	ETF SER SOLUTIONS APTUS DEFINED DRSK	DRSK	143,324	$3.3m0.73%	0.73%	Reduced -187.4k	-187,406 -56.7%
28	FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT LMBS	LMBS	65,831	$3.1m0.68%	0.68%	Added +919	+919 1.4%
29	MICROSOFT CORP COM MSFT	MSFT	9,789	$3.1m0.67%	0.67%	Reduced -7.1k	-7,093 -42.0%
30	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	13,453	$3.1m0.66%	0.66%	Reduced -14.8k	-14,791 -52.4%
31	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	67,062	$2.9m0.64%	0.64%	Added +14.4k	+14,440 27.4%
32	J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF JPST	JPST	57,968	$2.9m0.63%	0.63%	Reduced -12.5k	-12,526 -17.8%
33	ISHARES TR CORE S&P SCP ETF IJR	IJR	29,756	$2.8m0.61%	0.61%	Reduced -12.6k	-12,590 -29.7%
34	ETF SER SOLUTIONS APTUS ENHANCED JUCY	JUCY	115,057	$2.8m0.61%	0.61%	Reduced -126.5k	-126,464 -52.4%
35	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	12,786	$2.7m0.59%	0.59%	Reduced -11.3k	-11,288 -46.9%
36	ETF SER SOLUTIONS APTUS INT ENH YL IDUB	IDUB	138,604	$2.7m0.58%	0.58%	Reduced -7.3k	-7,269 -5.0%
37	ETF SER SOLUTIONS APTUS LARGE CAP DUBS	DUBS	102,336	$2.5m0.55%	0.55%	New
38	AMAZON COM INC COM AMZN	AMZN	18,416	$2.3m0.51%	0.51%	Reduced -29.2k	-29,223 -61.3%
39	AUTOZONE INC COM AZO	AZO	920	$2.3m0.51%	0.51%	Reduced -10	-10 -1.1%
40	VANECK MERK GOLD ETF GOLD SHS OUNZ	OUNZ	125,941	$2.3m0.49%	0.49%	Reduced -75.0k	-75,023 -37.3%
41	VANGUARD INDEX FDS SMALL CP ETF VB	VB	11,765	$2.2m0.48%	0.48%	Added +1.0k	+1,027 9.6%
42	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	5,192	$2.2m0.48%	0.48%	Reduced -2.6k	-2,596 -33.3%
43	FIRST TR SML CP CORE ALPHA F COM SHS FYX	FYX	27,241	$2.2m0.48%	0.48%	Added +3.4k	+3,364 14.1%
44	META PLATFORMS INC CL A META	META	7,207	$2.2m0.47%	0.47%	Reduced -3.9k	-3,918 -35.2%
45	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	40,748	$2.0m0.45%	0.45%	Reduced -55.6k	-55,623 -57.7%
46	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	5,707	$2.0m0.43%	0.43%	Added +2.3k	+2,342 69.6%
47	FIRST TR MORNINGSTAR DIVID L SHS FDL	FDL	59,726	$2.0m0.43%	0.43%	Reduced -978	-978 -1.6%
48	INVESCO EXCHANGE TRADED FD T S&P500 QUALITY SPHQ	SPHQ	39,110	$2.0m0.43%	0.43%	Added +286	+286 0.7%
49	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	12,156	$1.9m0.42%	0.42%	Reduced -3.5k	-3,453 -22.1%
50	PROSHARES TR S&P MDCP 400 DIV REGL	REGL	27,742	$1.9m0.40%	0.40%	Reduced -10.5k	-10,517 -27.5%
51	EXXON MOBIL CORP COM XOM	XOM	15,734	$1.8m0.40%	0.40%	Reduced -10.6k	-10,629 -40.3%
52	SCHWAB STRATEGIC TR FUNDAMENTAL INTL FNDF	FNDF	58,235	$1.8m0.40%	0.40%	Reduced -4.2k	-4,200 -6.7%
53	ETF SER SOLUTIONS APTUS DRAWDOWN ADME	ADME	50,900	$1.8m0.39%	0.39%	Reduced -75.0k	-75,002 -59.6%
54	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	45,056	$1.8m0.38%	0.38%	Added +6.3k	+6,345 16.4%
55	ISHARES TR CONSER ALLOC ETF AOK	AOK	49,791	$1.7m0.37%	0.37%	Added +37.2k	+37,202 295.5%
56	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	22,916	$1.7m0.36%	0.36%	Added +12.7k	+12,706 124.5%
57	J P MORGAN EXCHANGE TRADED F NASDAQ EQT PREM JEPQ	JEPQ	33,614	$1.6m0.34%	0.34%	Added +8.5k	+8,463 33.6%
58	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	29,240	$1.6m0.34%	0.34%	Added +4.3k	+4,257 17.0%
59	ISHARES TR EAFE GRWTH ETF EFG	EFG	18,136	$1.6m0.34%	0.34%	Added +633	+633 3.6%
60	WISDOMTREE TR US QTLY DIV GRT DGRW	DGRW	24,330	$1.5m0.34%	0.34%	Added +20.4k	+20,351 511.5%
61	TESLA INC COM TSLA	TSLA	6,152	$1.5m0.33%	0.33%	Added +2.1k	+2,087 51.3%
62	PROCTER AND GAMBLE CO COM PG	PG	9,883	$1.4m0.31%	0.31%	Reduced -3.7k	-3,723 -27.4%
63	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	19,906	$1.4m0.30%	0.30%	Reduced -8.1k	-8,142 -29.0%
64	ETF SER SOLUTIONS OPUS SML CP VL OSCV	OSCV	45,710	$1.4m0.30%	0.30%	Reduced -97.8k	-97,765 -68.1%
65	VANGUARD SCOTTSDALE FDS VNG RUS1000GRW VONG	VONG	19,916	$1.4m0.30%	0.30%	Added +1.1k	+1,086 5.8%
66	NORTHERN LIGHTS FD TR TOEWS AGILTY SHS MRSK	MRSK	47,854	$1.3m0.29%	0.29%	Added +2.1k	+2,112 4.6%
67	AT&T INC COM T	T	81,885	$1.2m0.27%	0.27%	Added +14.1k	+14,136 20.9%
68	FIRST TR LRG CP VL ALPHADEX COM SHS FTA	FTA	18,383	$1.2m0.26%	0.26%	Added +11.7k	+11,684 174.4%
69	FIRST TR EXCHANGE-TRADED FD FIRST TR ENH NEW FTSM	FTSM	19,993	$1.2m0.26%	0.26%	Reduced -11.9k	-11,853 -37.2%
70	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	7,982	$1.2m0.26%	0.26%	Added +1.7k	+1,676 26.6%
71	FIRST TR EXCHANGE-TRADED FD SMID RISNG ETF SDVY	SDVY	41,632	$1.2m0.26%	0.26%	Added +34.0k	+34,016 446.6%
72	ISHARES TR RUS TP200 GR ETF IWY	IWY	7,496	$1.2m0.25%	0.25%	Added +4.0k	+3,983 113.4%
73	ISHARES TR U.S. TECH ETF IYW	IYW	10,888	$1.1m0.25%	0.25%	Reduced -2.3k	-2,347 -17.7%
74	NVIDIA CORPORATION COM NVDA	NVDA	2,616	$1.1m0.25%	0.25%	Reduced -8.2k	-8,167 -75.7%
75	VANECK ETF TRUST MRNGSTR WDE MOAT MOAT	MOAT	14,761	$1.1m0.24%	0.24%	Reduced -13.7k	-13,698 -48.1%
76	VANGUARD INDEX FDS VALUE ETF VTV	VTV	8,066	$1.1m0.24%	0.24%	Added +632	+632 8.5%
77	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	2,832	$1.1m0.24%	0.24%	Reduced -249	-249 -8.1%
78	ALPHABET INC CAP STK CL A GOOGL	GOOGL	8,377	$1.1m0.24%	0.24%	Reduced -17.7k	-17,701 -67.9%
79	DUKE ENERGY CORP NEW COM NEW DUK	DUK	11,565	$1.0m0.22%	0.22%	Reduced -56	-56 -0.5%
80	HOME DEPOT INC COM HD	HD	3,374	$1.0m0.22%	0.22%	Reduced -1.3k	-1,255 -27.1%
81	LOWES COS INC COM LOW	LOW	4,791	$995.8k0.22%	0.22%	Reduced -1.4k	-1,350 -22.0%
82	VANGUARD INDEX FDS MID CAP ETF VO	VO	4,767	$992.7k0.22%	0.22%	Reduced -969	-969 -16.9%
83	ISHARES TR CORE S&P US VLU IUSV	IUSV	12,974	$968.2k0.21%	0.21%	Reduced -32.9k	-32,876 -71.7%
84	ISHARES TR TIPS BD ETF TIP	TIP	9,315	$966.2k0.21%	0.21%	Reduced -10.4k	-10,445 -52.9%
85	PHILLIPS EDISON & CO INC COMMON STOCK PECO	PECO	28,770	$964.9k0.21%	0.21%	Added +414	+414 1.5%
86	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	3,534	$962.3k0.21%	0.21%	Added +180	+180 5.4%
87	INVESCO EXCHANGE TRADED FD T DORSEY WRGT INDS PRN	PRN	9,451	$955.4k0.21%	0.21%	Added +1.1k	+1,146 13.8%
88	FIRST TR EXCH TRD ALPHDX FD DEV MRK EX US FDT	FDT	18,901	$949.6k0.21%	0.21%	Added +15.0k	+14,988 383.0%
89	ALPHABET INC CAP STK CL C GOOG	GOOG	7,180	$946.7k0.21%	0.21%	Reduced -3.0k	-2,996 -29.4%
90	ISHARES TR MSCI USA MIN VOL USMV	USMV	12,969	$938.7k0.20%	0.20%	Added +9.3k	+9,289 252.4%
91	J P MORGAN EXCHANGE TRADED F INCOME ETF JPIE	JPIE	20,929	$929.3k0.20%	0.20%	Added +1.9k	+1,884 9.9%
92	INVESCO DB COMMDY INDX TRCK UNIT DBC	DBC	36,424	$909.1k0.20%	0.20%	Added +27.0k	+26,964 285.0%
93	ELI LILLY & CO COM LLY	LLY	1,684	$904.5k0.20%	0.20%	Added +123	+123 7.9%
94	T ROWE PRICE ETF INC ULTRA SHRT TRM TBUX	TBUX	18,442	$901.5k0.20%	0.20%	Added +1.9k	+1,944 11.8%
95	FIRST TR EXCHNG TRADED FD VI FT VEST U.S XJUL	XJUL	29,715	$895.9k0.19%	0.19%	New
96	SOUTHERN CO COM SO	SO	13,730	$888.6k0.19%	0.19%	Added +486	+486 3.7%
97	WALMART INC COM WMT	WMT	5,554	$888.2k0.19%	0.19%	Reduced -1.4k	-1,387 -20.0%
98	VANGUARD WORLD FD INF TECH ETF VGT	VGT	2,132	$884.6k0.19%	0.19%	Reduced -871	-871 -29.0%
99	SPDR GOLD TR GOLD SHS GLD	GLD	5,078	$870.6k0.19%	0.19%	Reduced -13.1k	-13,056 -72.0%
100	VISA INC COM CL A V	V	3,766	$866.2k0.19%	0.19%	Reduced -418	-418 -10.0%

Sold out since Q2 2023

Security	Ticker	Shares held before	Value then
VANGUARD MUN BD FDS VTEB	VTEB	29,125	$1.5m29.1k shares
SCHWAB STRATEGIC TR SCHZ	SCHZ	29,283	$1.4m29.3k shares
AMERICAN CENTY ETF TR AVIG	AVIG	25,259	$1.0m25.3k shares
ISHARES TR IMCB	IMCB	16,448	$1.0m16.4k shares
ISHARES TR HEWJ	HEWJ	29,710	$1.0m29.7k shares
FIRST TR EXCHANGE TRADED FD FSCS	FSCS	33,669	$968.0k33.7k shares
VANGUARD BD INDEX FDS BLV	BLV	11,627	$871.0k11.6k shares
ISHARES TR HEFA	HEFA	27,985	$868.0k28.0k shares
INVESCO EXCHANGE TRADED FD T PSL	PSL	9,806	$851.0k9.8k shares
SCHWAB CHARLES CORP SCHW	SCHW	14,450	$819.0k14.4k shares
SMUCKER J M CO SJM	SJM	5,363	$792.0k5.4k shares
GOLDMAN SACHS ETF TR GSIE	GSIE	25,198	$790.0k25.2k shares
INVESCO EXCHANGE TRADED FD T CZA	CZA	8,755	$781.0k8.8k shares
NUSHARES ETF TR NUSC	NUSC	20,490	$758.0k20.5k shares
SPDR SER TR ONEO	ONEO	7,364	$722.0k7.4k shares
INNOVATOR ETFS TRUST BALT	BALT	25,853	$721.0k25.9k shares
ISHARES TR IUSG	IUSG	7,181	$701.0k7.2k shares
J P MORGAN EXCHANGE TRADED F JMST	JMST	12,702	$643.0k12.7k shares
FLOWERS FOODS INC FLO	FLO	22,436	$558.0k22.4k shares
FIRST TR EXCHANGE-TRADED FD FSGS	FSGS	19,889	$536.0k19.9k shares
ISHARES TR EFA	EFA	6,877	$499.0k6.9k shares
EDWARDS LIFESCIENCES CORP EW	EW	4,901	$462.0k4.9k shares
DAVIS FUNDAMENTAL ETF TR DWLD	DWLD	15,484	$446.0k15.5k shares
JANUS DETROIT STR TR VNLA	VNLA	9,247	$442.0k9.2k shares
ISHARES TR IWB	IWB	1,725	$420.0k1.7k shares