PFG Advisors

Phoenix, AZ · CIK 1694435 · 13F filing filed 2023-07-20

SEC-registered investment adviser since 2014 · limited liability company

Assets managed$3.3bn
Staff112 · 86 in investment roles
Main clients (by assets)High net worth individuals 50%, Individuals 48%, Companies 2%
Websiteaeroinvestmentservices.com
Form ADV · 2026-03-17SEC adviser record

$1.3bn reported value +9.9% vs Q1 2023

670positions

18.4%in top 10

59 new 297 added 275 reduced 26 sold out vs Q1 2023

Holdings, Q2 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	MICROSOFT CORP COM MSFT	MSFT	137,461	$46.8m3.56%	3.56%	Added +1.1k	+1,063 0.8%
2	APPLE INC COM AAPL	AAPL	228,441	$44.3m3.37%	3.37%	Added +2.3k	+2,340 1.0%
3	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	76,039	$28.1m2.14%	2.14%	Added +12.1k	+12,120 19.0%
4	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	94,192	$26.7m2.03%	2.03%	Added +5.5k	+5,479 6.2%
5	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	132,897	$21.6m1.64%	1.64%	Added +2.5k	+2,501 1.9%
6	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	224,324	$16.3m1.24%	1.24%	Reduced -8.6k	-8,613 -3.7%
7	PACER FDS TR US CASH COWS 100 COWZ	COWZ	324,450	$15.5m1.18%	1.18%	Added +23.7k	+23,720 7.9%
8	ISHARES TR CORE S&P500 ETF IVV	IVV	33,733	$15.0m1.14%	1.14%	Added +6.6k	+6,552 24.1%
9	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	60,657	$13.4m1.02%	1.02%	Reduced -8.8k	-8,807 -12.7%
10	FIRST TR EXCHANGE-TRADED FD CAP STRENGTH ETF FTCS	FTCS	177,519	$13.3m1.01%	1.01%	Reduced -10.5k	-10,462 -5.6%
11	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	32,121	$13.1m1.00%	1.00%	Reduced -944	-944 -2.9%
12	SPDR GOLD TR GOLD SHS GLD	GLD	73,092	$13.0m0.99%	0.99%	Added +9.5k	+9,465 14.9%
13	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	29,025	$12.9m0.98%	0.98%	Added +1.1k	+1,099 3.9%
14	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	115,357	$12.2m0.93%	0.93%	Added +1.6k	+1,604 1.4%
15	ISHARES TR CORE US AGGBD ET AGG	AGG	121,319	$11.9m0.90%	0.90%	Added +29.9k	+29,856 32.6%
16	COSTCO WHSL CORP NEW COM COST	COST	21,407	$11.5m0.88%	0.88%	Added +731	+731 3.5%
17	AMAZON COM INC COM AMZN	AMZN	87,688	$11.4m0.87%	0.87%	Added +5.1k	+5,060 6.1%
18	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	32,096	$10.9m0.83%	0.83%	Added +607	+607 1.9%
19	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	81,035	$10.8m0.82%	0.82%	Added +3.1k	+3,058 3.9%
20	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	192,672	$10.7m0.81%	0.81%	Added +19.7k	+19,740 11.4%
21	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	60,155	$10.5m0.80%	0.80%	Added +5.9k	+5,934 10.9%
22	PACER FDS TR LUNT LRG CP ALTR ALTL	ALTL	275,319	$10.3m0.79%	0.79%	Reduced -85.2k	-85,184 -23.6%
23	FIRST TR EXCHANGE TRADED FD RISNG DIVD ACHIV RDVY	RDVY	208,482	$9.8m0.75%	0.75%	Reduced -8.7k	-8,741 -4.0%
24	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	105,814	$9.7m0.74%	0.74%	Added +15.9k	+15,920 17.7%
25	JOHNSON & JOHNSON COM JNJ	JNJ	56,288	$9.3m0.71%	0.71%	Added +2.4k	+2,361 4.4%
26	ISHARES TR 1 3 YR TREAS BD SHY	SHY	114,540	$9.3m0.71%	0.71%	Added +14.9k	+14,917 15.0%
27	NVIDIA CORPORATION COM NVDA	NVDA	20,800	$8.8m0.67%	0.67%	Reduced -535	-535 -2.5%
28	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	119,851	$8.7m0.66%	0.66%	Added +4.0k	+4,042 3.5%
29	FIDELITY COVINGTON TRUST MSCI INFO TECH I FTEC	FTEC	66,280	$8.7m0.66%	0.66%	Added +571	+571 0.9%
30	SELECT SECTOR SPDR TR SBI CONS STPLS XLP	XLP	107,038	$7.9m0.60%	0.60%	Added +6.1k	+6,141 6.1%
31	JPMORGAN CHASE & CO COM JPM	JPM	53,700	$7.8m0.59%	0.59%	Added +198	+198 0.4%
32	PROCTER AND GAMBLE CO COM PG	PG	46,742	$7.1m0.54%	0.54%	Added +1.8k	+1,808 4.0%
33	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	22,773	$7.0m0.54%	0.54%	Added +8	+8 0.0%
34	SPDR SER TR BBG CONV SEC ETF CWB	CWB	99,113	$6.9m0.53%	0.53%	Added +13.0k	+13,010 15.1%
35	ISHARES U S ETF TR SHORT DURATION B NEAR	NEAR	139,373	$6.9m0.53%	0.53%	Added +19.1k	+19,110 15.9%
36	VANGUARD INDEX FDS VALUE ETF VTV	VTV	48,528	$6.9m0.53%	0.53%	Reduced -3.1k	-3,101 -6.0%
37	CAPITAL GROUP GROWTH ETF SHS CREATION UNI CGGR	CGGR	272,015	$6.9m0.52%	0.52%	Added +60.9k	+60,890 28.8%
38	PARAGON 28 INC COM FNA	FNA	385,530	$6.8m0.52%	0.52%	New
39	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	134,990	$6.8m0.52%	0.52%	Added +16.9k	+16,938 14.3%
40	ALPS ETF TR ALERIAN MLP AMLP	AMLP	171,860	$6.7m0.51%	0.51%	Added +22.1k	+22,125 14.8%
41	VISA INC COM CL A V	V	28,135	$6.7m0.51%	0.51%	Added +2.3k	+2,306 8.9%
42	FIRST TR VALUE LINE DIVID IN SHS FVD	FVD	165,884	$6.7m0.51%	0.51%	Reduced -23	-23 -0.0%
43	WISDOMTREE TR BLMBG US BULL USDU	USDU	248,954	$6.6m0.50%	0.50%	Added +33.0k	+33,030 15.3%
44	ALPHABET INC CAP STK CL C GOOG	GOOG	54,190	$6.6m0.50%	0.50%	Added +1.1k	+1,093 2.1%
45	SCHWAB STRATEGIC TR US BRD MKT ETF SCHB	SCHB	125,579	$6.5m0.49%	0.49%	Added +633	+633 0.5%
46	PACER FDS TR PACER US SMALL CALF	CALF	155,633	$6.3m0.48%	0.48%	Added +6.1k	+6,105 4.1%
47	DANAHER CORPORATION COM DHR	DHR	25,793	$6.2m0.47%	0.47%	Added +588	+588 2.3%
48	HOME DEPOT INC COM HD	HD	19,555	$6.1m0.46%	0.46%	Reduced -22	-22 -0.1%
49	SELECT SECTOR SPDR TR ENERGY XLE	XLE	74,831	$6.1m0.46%	0.46%	Added +8.8k	+8,790 13.3%
50	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	91,421	$5.9m0.45%	0.45%	Added +19.2k	+19,171 26.5%
51	UNITEDHEALTH GROUP INC COM UNH	UNH	12,310	$5.9m0.45%	0.45%	Added +1.2k	+1,174 10.5%
52	ISHARES TR SHORT TREAS BD SHV	SHV	51,709	$5.7m0.43%	0.43%	Added +7.8k	+7,772 17.7%
53	SELECT SECTOR SPDR TR INDL XLI	XLI	51,472	$5.5m0.42%	0.42%	Added +9.1k	+9,140 21.6%
54	ISHARES TR MSCI ACWI ETF ACWI	ACWI	55,112	$5.3m0.40%	0.40%	Added +12.0k	+11,986 27.8%
55	VANGUARD MUN BD FDS TAX EXEMPT BD VTEB	VTEB	103,059	$5.2m0.39%	0.39%	Reduced -5.1k	-5,080 -4.7%
56	ROPER TECHNOLOGIES INC COM ROP	ROP	10,756	$5.2m0.39%	0.39%	Added +76	+76 0.7%
57	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	38,120	$5.1m0.39%	0.39%	Added +8.0k	+8,013 26.6%
58	ISHARES TR CORE TOTAL USD IUSB	IUSB	112,794	$5.1m0.39%	0.39%	Added +14.4k	+14,352 14.6%
59	DIMENSIONAL ETF TRUST US EQUITY MARKET DFUS	DFUS	106,018	$5.1m0.39%	0.39%	Added +26.3k	+26,336 33.0%
60	MCDONALDS CORP COM MCD	MCD	17,015	$5.1m0.39%	0.39%	Reduced -524	-524 -3.0%
61	ISHARES TR SELECT DIVID ETF DVY	DVY	44,335	$5.0m0.38%	0.38%	Added +3.5k	+3,516 8.6%
62	INVESCO EXCH TRADED FD TR II S&P EMRNG MKTS EELV	EELV	211,116	$5.0m0.38%	0.38%	Added +16.5k	+16,474 8.5%
63	VANGUARD WORLD FD CONSUM DIS ETF VCR	VCR	17,497	$5.0m0.38%	0.38%	Reduced -786	-786 -4.3%
64	PACER FDS TR TRENDP US LAR CP PTLC	PTLC	118,035	$4.9m0.37%	0.37%	Added +19.1k	+19,137 19.4%
65	WISDOMTREE TR FLOATNG RAT TREA USFR	USFR	96,046	$4.8m0.37%	0.37%	Reduced -10.2k	-10,158 -9.6%
66	RELIANCE INC COM RS	RS	17,759	$4.8m0.37%	0.37%	Unchanged
67	IDEXX LABS INC COM IDXX	IDXX	9,571	$4.8m0.37%	0.37%	Added +115	+115 1.2%
68	WASTE MGMT INC DEL COM WM	WM	27,375	$4.7m0.36%	0.36%	Added +1.9k	+1,926 7.6%
69	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	72,295	$4.7m0.36%	0.36%	Added +1.1k	+1,124 1.6%
70	WELLS FARGO CO NEW COM WFC	WFC	110,284	$4.7m0.36%	0.36%	Reduced -4.3k	-4,333 -3.8%
71	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	61,779	$4.7m0.36%	0.36%	Added +609	+609 1.0%
72	PEPSICO INC COM PEP	PEP	25,050	$4.6m0.35%	0.35%	Added +1.4k	+1,441 6.1%
73	VANGUARD SCOTTSDALE FDS MTG-BKD SECS ETF VMBS	VMBS	99,434	$4.6m0.35%	0.35%	Added +15.2k	+15,177 18.0%
74	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	166,569	$4.5m0.34%	0.34%	Added +30.6k	+30,557 22.5%
75	TESLA INC COM TSLA	TSLA	16,876	$4.4m0.34%	0.34%	Reduced -363	-363 -2.1%
76	ISHARES TR ESG AWR MSCI USA ESGU	ESGU	45,108	$4.4m0.33%	0.33%	Reduced -22.1k	-22,103 -32.9%
77	S&P GLOBAL INC COM SPGI	SPGI	10,956	$4.4m0.33%	0.33%	Reduced -17	-17 -0.1%
78	ANSYS INC COM ANSS	ANSS	13,238	$4.4m0.33%	0.33%	Added +183	+183 1.4%
79	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	83,572	$4.4m0.33%	0.33%	Reduced -16.9k	-16,916 -16.8%
80	VANGUARD WORLD FD CONSUM STP ETF VDC	VDC	22,349	$4.3m0.33%	0.33%	Added +411	+411 1.9%
81	VANGUARD INDEX FDS SMALL CP ETF VB	VB	21,458	$4.3m0.33%	0.33%	Added +2.7k	+2,749 14.7%
82	ISHARES TR CORE S&P MCP ETF IJH	IJH	15,848	$4.1m0.32%	0.32%	Reduced -2.3k	-2,298 -12.7%
83	PAYCHEX INC COM PAYX	PAYX	36,930	$4.1m0.31%	0.31%	Added +76	+76 0.2%
84	CHEVRON CORP NEW COM CVX	CVX	26,228	$4.1m0.31%	0.31%	Added +1.1k	+1,051 4.2%
85	GALLAGHER ARTHUR J & CO COM AJG	AJG	18,422	$4.0m0.31%	0.31%	Added +110	+110 0.6%
86	ARK ETF TR INNOVATION ETF ARKK	ARKK	91,234	$4.0m0.31%	0.31%	Added +2.8k	+2,794 3.2%
87	HONEYWELL INTL INC COM COM		19,381	$4.0m0.31%	0.31%	Reduced -520	-520 -2.6%
88	ABBVIE INC COM ABBV	ABBV	29,742	$4.0m0.31%	0.31%	Added +2.7k	+2,738 10.1%
89	UNION PAC CORP COM UNP	UNP	19,513	$4.0m0.30%	0.30%	Reduced -224	-224 -1.1%
90	EXXON MOBIL CORP COM XOM	XOM	36,984	$4.0m0.30%	0.30%	Reduced -5.8k	-5,837 -13.6%
91	COCA COLA CO COM KO	KO	64,810	$3.9m0.30%	0.30%	Added +5.9k	+5,911 10.0%
92	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	71,074	$3.9m0.29%	0.29%	Added +272	+272 0.4%
93	CHURCH & DWIGHT CO INC COM CHD	CHD	37,876	$3.8m0.29%	0.29%	Reduced -50	-50 -0.1%
94	ISHARES TR 7-10 YR TRSY BD IEF	IEF	39,026	$3.8m0.29%	0.29%	Added +4.1k	+4,063 11.6%
95	STRYKER CORPORATION COM SYK	SYK	12,330	$3.8m0.29%	0.29%	Reduced -1.2k	-1,224 -9.0%
96	LITMAN GREGORY FDS TR IMGP DBI MANAGED DBMF	DBMF	135,518	$3.7m0.29%	0.29%	Reduced -230.3k	-230,334 -63.0%
97	MERCK & CO INC COM MRK	MRK	31,793	$3.7m0.28%	0.28%	Added +4.4k	+4,401 16.1%
98	KLA CORP COM NEW KLAC	KLAC	7,450	$3.6m0.28%	0.28%	Added +40	+40 0.5%
99	ALPHABET INC CAP STK CL A GOOGL	GOOGL	29,896	$3.6m0.27%	0.27%	Added +2.1k	+2,051 7.4%
100	VANGUARD SCOTTSDALE FDS VNG RUS1000GRW VONG	VONG	50,482	$3.6m0.27%	0.27%	Added +1.9k	+1,925 4.0%

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
ABB LTD ABBNY	ABBNY	26,898	$922.6k26.9k shares
ISHARES TR AOM	AOM	8,733	$348.1k8.7k shares
VANGUARD WORLD FD EDV	EDV	3,682	$333.4k3.7k shares
HALLIBURTON CO HAL	HAL	9,071	$287.0k9.1k shares
DIREXION SHS ETF TR QQQE	QQQE	3,847	$279.1k3.8k shares
VEEVA SYS INC VEEV	VEEV	1,497	$275.0k1.5k shares
ISHARES U S ETF TR COMT	COMT	9,887	$267.3k9.9k shares
ISHARES TR ICSH	ICSH	5,161	$259.3k5.2k shares
FIRST TR EXCHNG TRADED FD VI YSEP	YSEP	13,357	$256.9k13.4k shares
HUNTINGTON BANCSHARES INC HBAN	HBAN	22,734	$254.6k22.7k shares
KRANESHARES TRUST KMLM	KMLM	8,475	$249.8k8.5k shares
ENTEGRIS INC ENTG	ENTG	2,725	$223.5k2.7k shares
SIMPSON MFG INC SSD	SSD	2,022	$221.7k2.0k shares
FIRST TR EXCHNG TRADED FD VI GMAR	GMAR	7,191	$218.4k7.2k shares
SISECAM RESOURCES LP		8,652	$217.3k8.7k shares
CAPITAL GRP FIXED INCM ETF T CGCP	CGCP	9,406	$214.4k9.4k shares
SPDR SER TR SLYV	SLYV	2,793	$212.8k2.8k shares
INVESCO EXCH TRADED FD TR II PGX	PGX	18,455	$211.9k18.5k shares
INVESCO DB MULTI-SECTOR COMM DBP	DBP	4,078	$208.1k4.1k shares
SPDR SER TR TFI	TFI	4,401	$206.1k4.4k shares
INVESCO EXCHANGE TRADED FD T PSP	PSP	13,127	$132.7k13.1k shares
FRANKLIN BSP RLTY TR INC FBRT	FBRT	10,304	$122.9k10.3k shares
UNDER ARMOUR INC UA	UA	12,840	$109.5k12.8k shares
FS CREDIT OPPORTUNITIES CORP FSCO	FSCO	21,853	$97.0k21.9k shares
TROIKA MEDIA GROUP INC		20,000	$4.9k20.0k shares