PFG Advisors

Phoenix, AZ · CIK 1694435 · 13F filing filed 2024-08-08

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

$1.5bn reported value +8.1% vs Q1 2024

666positions

19.3%in top 10

62 new 362 added 221 reduced 37 sold out vs Q1 2024

Holdings, Q2 2024

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	APPLE INC COM AAPL	AAPL	186,008	$39.2m2.65%	2.65%	Added +8.1k	+8,088 4.5%
2	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	80,842	$38.7m2.62%	2.62%	Added +1.5k	+1,539 1.9%
3	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	95,540	$35.7m2.42%	2.42%	Added +1.0k	+1,035 1.1%
4	MICROSOFT CORP COM MSFT	MSFT	78,324	$35.0m2.37%	2.37%	Added +2.4k	+2,353 3.1%
5	PACER FDS TR US CASH COWS 100 COWZ	COWZ	519,627	$28.3m1.91%	1.91%	Added +7.6k	+7,643 1.5%
6	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	93,171	$24.9m1.68%	1.68%	Added +3.7k	+3,710 4.2%
7	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	47,003	$23.5m1.59%	1.59%	Reduced -6.9k	-6,893 -12.8%
8	NVIDIA CORPORATION COM NVDA	NVDA	171,659	$21.2m1.43%	1.43%	Added +3.4k	+3,359 2.0%
9	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	111,430	$20.3m1.37%	1.37%	Added +4.0k	+3,967 3.7%
10	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	236,618	$18.4m1.24%	1.24%	Added +4.1k	+4,069 1.8%
11	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	32,276	$17.6m1.19%	1.19%	Added +1.8k	+1,821 6.0%
12	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	94,522	$16.1m1.09%	1.09%	Added +10.1k	+10,143 12.0%
13	SPDR GOLD TR GOLD SHS GLD	GLD	73,424	$15.8m1.07%	1.07%	Added +4.3k	+4,298 6.2%
14	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	127,211	$15.1m1.02%	1.02%	Added +6.9k	+6,854 5.7%
15	FIDELITY COVINGTON TRUST MSCI INFO TECH I FTEC	FTEC	81,341	$14.0m0.94%	0.94%	Added +3.0k	+2,967 3.8%
16	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	226,615	$12.8m0.87%	0.87%	Reduced -7.3k	-7,253 -3.1%
17	AMAZON COM INC COM AMZN	AMZN	65,516	$12.7m0.86%	0.86%	Added +3.3k	+3,335 5.4%
18	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	47,602	$12.4m0.84%	0.84%	Added +3.4k	+3,352 7.6%
19	COSTCO WHSL CORP NEW COM COST	COST	14,586	$12.4m0.84%	0.84%	Reduced -369	-369 -2.5%
20	CAPITAL GROUP GROWTH ETF SHS CREATION UNI CGGR	CGGR	375,765	$12.4m0.84%	0.84%	Reduced -3.3k	-3,268 -0.9%
21	ISHARES TR CORE S&P500 ETF IVV	IVV	21,673	$11.9m0.80%	0.80%	Added +16	+16 0.1%
22	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	162,351	$11.7m0.79%	0.79%	Added +30.8k	+30,829 23.4%
23	ISHARES TR CORE TOTAL USD IUSB	IUSB	254,724	$11.5m0.78%	0.78%	Added +11.3k	+11,335 4.7%
24	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	26,882	$10.9m0.74%	0.74%	Added +1.5k	+1,456 5.7%
25	ISHARES TR CORE US AGGBD ET AGG	AGG	106,162	$10.3m0.70%	0.70%	Added +2.5k	+2,519 2.4%
26	FIRST TR EXCHANGE-TRADED FD CAP STRENGTH ETF FTCS	FTCS	122,574	$10.3m0.70%	0.70%	Reduced -8.6k	-8,641 -6.6%
27	SELECT SECTOR SPDR TR INDL XLI	XLI	84,112	$10.3m0.69%	0.69%	Added +5.8k	+5,790 7.4%
28	FIRST TR EXCHANGE TRADED FD RISNG DIVD ACHIV RDVY	RDVY	182,257	$10.0m0.67%	0.67%	Reduced -3.6k	-3,600 -1.9%
29	ISHARES TR MSCI ACWI ETF ACWI	ACWI	86,990	$9.8m0.66%	0.66%	Added +2.5k	+2,542 3.0%
30	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	119,595	$9.6m0.65%	0.65%	Added +10.1k	+10,145 9.3%
31	PACER FDS TR TRENDP US LAR CP PTLC	PTLC	190,134	$9.5m0.64%	0.64%	Added +42.2k	+42,224 28.6%
32	ALPHABET INC CAP STK CL C GOOG	GOOG	49,740	$9.1m0.62%	0.62%	Reduced -1.8k	-1,787 -3.5%
33	PACER FDS TR PACER US SMALL CALF	CALF	203,275	$8.9m0.60%	0.60%	Added +11.1k	+11,072 5.8%
34	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	102,789	$8.8m0.60%	0.60%	Added +5.7k	+5,724 5.9%
35	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	194,090	$8.7m0.59%	0.59%	Added +105.6k	+105,600 119.3%
36	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	83,040	$8.4m0.57%	0.57%	Added +17.7k	+17,733 27.1%
37	VANGUARD INDEX FDS VALUE ETF VTV	VTV	51,945	$8.3m0.56%	0.56%	Added +4.9k	+4,907 10.4%
38	SPDR SERIES TRUST S&P METALS MNG XME	XME	139,261	$8.3m0.56%	0.56%	Added +1.2k	+1,211 0.9%
39	ALPS ETF TR ALERIAN MLP AMLP	AMLP	172,045	$8.3m0.56%	0.56%	Reduced -6.7k	-6,737 -3.8%
40	DIMENSIONAL ETF TRUST US EQUITY MARKET DFUS	DFUS	138,926	$8.2m0.55%	0.55%	Added +5.8k	+5,771 4.3%
41	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	121,958	$7.8m0.53%	0.53%	Added +43.5k	+43,514 55.5%
42	VANGUARD CHARLOTTE FDS TOTAL INT BD ETF BNDX	BNDX	160,241	$7.8m0.53%	0.53%	Added +25.2k	+25,164 18.6%
43	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	151,727	$7.8m0.53%	0.53%	Added +8.0k	+8,017 5.6%
44	FIRST TR EXCHANGE-TRADED FD DJ INTERNT IDX FDN	FDN	37,642	$7.7m0.52%	0.52%	Added +1.6k	+1,573 4.4%
45	ISHARES U S ETF TR SHORT DURATION B NEAR	NEAR	151,185	$7.6m0.51%	0.51%	Added +3.6k	+3,619 2.5%
46	WISDOMTREE TR BLMBG US BULL USDU	USDU	280,004	$7.6m0.51%	0.51%	Added +5.1k	+5,123 1.9%
47	JPMORGAN CHASE & CO COM JPM	JPM	37,494	$7.6m0.51%	0.51%	Added +623	+623 1.7%
48	SPDR SER TR S&P BIOTECH XBI	XBI	78,342	$7.3m0.49%	0.49%	Added +5.0k	+5,018 6.8%
49	VANGUARD WORLD FD EXTENDED DUR EDV	EDV	97,678	$7.2m0.48%	0.48%	Added +3.1k	+3,055 3.2%
50	SPDR SER TR PORTFOLIO LN COR SPLB	SPLB	286,804	$6.5m0.44%	0.44%	Added +12.1k	+12,054 4.4%
51	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	21,160	$6.4m0.43%	0.43%	Added +291	+291 1.4%
52	VISA INC COM CL A V	V	24,193	$6.3m0.43%	0.43%	Added +932	+932 4.0%
53	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	193,128	$6.2m0.42%	0.42%	Added +485	+485 0.2%
54	GOLDMAN SACHS ETF TR ACTIVEBETA US LG GSLC	GSLC	56,492	$6.0m0.41%	0.41%	Reduced -2.1k	-2,117 -3.6%
55	PROCTER AND GAMBLE CO COM PG	PG	36,447	$6.0m0.41%	0.41%	Added +15.9k	+15,922 77.6%
56	DANAHER CORPORATION COM DHR	DHR	23,478	$5.9m0.40%	0.40%	Reduced -1.2k	-1,243 -5.0%
57	WELLS FARGO CO NEW COM WFC	WFC	98,225	$5.8m0.39%	0.39%	Reduced -645	-645 -0.7%
58	CHEVRON CORP NEW COM CVX	CVX	37,256	$5.8m0.39%	0.39%	Added +12.7k	+12,728 51.9%
59	ISHARES TR CR 5 10 YR ETF IMTB	IMTB	135,630	$5.8m0.39%	0.39%	Added +4.1k	+4,135 3.1%
60	VANGUARD SCOTTSDALE FDS MTG-BKD SECS ETF VMBS	VMBS	126,358	$5.7m0.39%	0.39%	Added +3.5k	+3,501 2.9%
61	VANGUARD MUN BD FDS TAX EXEMPT BD VTEB	VTEB	114,090	$5.7m0.39%	0.39%	Added +1.6k	+1,569 1.4%
62	HOME DEPOT INC COM HD	HD	16,577	$5.7m0.39%	0.39%	Added +26	+26 0.2%
63	INVESCO ACTIVELY MANAGED EXC TOTAL RETURN GTO	GTO	120,199	$5.6m0.38%	0.38%	Added +85.7k	+85,660 248.0%
64	KLA CORP COM NEW KLAC	KLAC	6,536	$5.4m0.36%	0.36%	Reduced -154	-154 -2.3%
65	UNITEDHEALTH GROUP INC COM UNH	UNH	10,449	$5.3m0.36%	0.36%	Added +263	+263 2.6%
66	SCHWAB STRATEGIC TR US BRD MKT ETF SCHB	SCHB	84,041	$5.3m0.36%	0.36%	Reduced -2.1k	-2,142 -2.5%
67	ISHARES TR 7-10 YR TRSY BD IEF	IEF	56,385	$5.3m0.36%	0.36%	Added +9.0k	+8,982 18.9%
68	GALLAGHER ARTHUR J & CO COM AJG	AJG	20,214	$5.2m0.35%	0.35%	Added +1.9k	+1,907 10.4%
69	ALPHABET INC CAP STK CL A GOOGL	GOOGL	28,267	$5.1m0.35%	0.35%	Added +63	+63 0.2%
70	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	34,882	$5.1m0.34%	0.34%	Reduced -176	-176 -0.5%
71	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	22,324	$5.1m0.34%	0.34%	Added +5.1k	+5,097 29.6%
72	VANGUARD SCOTTSDALE FDS VNG RUS1000GRW VONG	VONG	53,136	$5.0m0.34%	0.34%	Added +5.8k	+5,766 12.2%
73	BROADCOM INC COM AVGO	AVGO	3,063	$4.9m0.33%	0.33%	Added +1.7k	+1,720 128.1%
74	DIMENSIONAL ETF TRUST CORE FIXED INCOM DFCF	DFCF	118,398	$4.9m0.33%	0.33%	Added +40.8k	+40,811 52.6%
75	JOHNSON & JOHNSON COM JNJ	JNJ	32,027	$4.7m0.32%	0.32%	Added +153	+153 0.5%
76	ISHARES TR CORE S&P MCP ETF IJH	IJH	76,512	$4.5m0.30%	0.30%	Added +4.6k	+4,563 6.3%
77	ABBVIE INC COM ABBV	ABBV	25,971	$4.5m0.30%	0.30%	Added +1.0k	+1,006 4.0%
78	FIRST TR EXCHNG TRADED FD VI TCW UNCONSTRAI UCON	UCON	180,745	$4.4m0.30%	0.30%	Added +55.5k	+55,472 44.3%
79	AMGEN INC COM AMGN	AMGN	13,956	$4.4m0.29%	0.29%	Added +8	+8 0.1%
80	META PLATFORMS INC CL A META	META	8,417	$4.2m0.29%	0.29%	Added +667	+667 8.6%
81	ROPER TECHNOLOGIES INC COM ROP	ROP	7,452	$4.2m0.28%	0.28%	Reduced -57	-57 -0.8%
82	RELIANCE INC COM RS	RS	14,606	$4.2m0.28%	0.28%	Unchanged
83	S&P GLOBAL INC COM SPGI	SPGI	9,331	$4.2m0.28%	0.28%	Reduced -17	-17 -0.2%
84	STRYKER CORPORATION COM SYK	SYK	12,225	$4.2m0.28%	0.28%	Added +174	+174 1.4%
85	UNION PAC CORP COM UNP	UNP	18,373	$4.2m0.28%	0.28%	Added +172	+172 0.9%
86	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	63,153	$4.1m0.27%	0.27%	Added +456	+456 0.7%
87	WISDOMTREE TR ITL HDG QTLY DIV IHDG	IHDG	88,958	$4.1m0.27%	0.27%	Added +9.8k	+9,794 12.4%
88	ISHARES TR RUSSELL 2000 ETF IWM	IWM	19,656	$4.0m0.27%	0.27%	Added +268	+268 1.4%
89	ANSYS INC COM ANSS	ANSS	12,316	$4.0m0.27%	0.27%	Added +46	+46 0.4%
90	IDEXX LABS INC COM IDXX	IDXX	8,073	$3.9m0.27%	0.27%	Reduced -41	-41 -0.5%
91	INVESCO EXCH TRD SLF IDX FD RAFI STRATGIC US IUS	IUS	81,448	$3.9m0.26%	0.26%	Reduced -583	-583 -0.7%
92	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	20,300	$3.7m0.25%	0.25%	Reduced -271	-271 -1.3%
93	ISHARES TR RUS 1000 GRW ETF IWF	IWF	9,959	$3.6m0.25%	0.25%	Added +2.7k	+2,708 37.4%
94	FS KKR CAP CORP COM FSK	FSK	182,422	$3.6m0.24%	0.24%	Added +8.4k	+8,404 4.8%
95	INVESCO EXCHANGE TRADED FD T S&P MDCP QUALITY XMHQ	XMHQ	36,861	$3.6m0.24%	0.24%	Added +3.8k	+3,753 11.3%
96	GENERAL DYNAMICS CORP COM GD	GD	12,313	$3.6m0.24%	0.24%	Added +52	+52 0.4%
97	EXXON MOBIL CORP COM XOM	XOM	30,777	$3.5m0.24%	0.24%	Added +6.0k	+6,038 24.4%
98	CATERPILLAR INC COM CAT	CAT	10,623	$3.5m0.24%	0.24%	Added +199	+199 1.9%
99	FIDUS INVT CORP COM FDUS	FDUS	178,404	$3.5m0.23%	0.23%	Added +6.7k	+6,735 3.9%
100	VANGUARD WORLD FD INF TECH ETF VGT	VGT	5,981	$3.4m0.23%	0.23%	Reduced -988	-988 -14.2%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
J P MORGAN EXCHANGE TRADED F BBHY	BBHY	39,950	$1.8m40.0k shares
SPDR SER TR KOMP	KOMP	14,506	$697.5k14.5k shares
ALEXANDRIA REAL ESTATE EQ IN ARE	ARE	4,811	$620.2k4.8k shares
JANUS DETROIT STR TR JSML	JSML	9,522	$575.9k9.5k shares
COMFORT SYS USA INC FIX	FIX	1,655	$525.8k1.7k shares
TRACTOR SUPPLY CO TSCO	TSCO	1,898	$496.7k1.9k shares
UNITED STS GASOLINE FD LP UGA	UGA	6,590	$467.4k6.6k shares
SPDR SER TR BILS	BILS	4,460	$443.4k4.5k shares
CELESTICA INC		9,700	$435.9k9.7k shares
ISHARES TR IWO	IWO	1,603	$434.1k1.6k shares
PIONEER NAT RES CO PXD	PXD	1,642	$431.0k1.6k shares
LCI INDS LCII	LCII	3,210	$395.0k3.2k shares
INVESCO EXCH TRADED FD TR II KBWP	KBWP	3,524	$379.7k3.5k shares
VANGUARD BD INDEX FDS VUSB	VUSB	7,423	$367.8k7.4k shares
INVESCO EXCH TRADED FD TR II PSCE	PSCE	6,517	$363.5k6.5k shares
INVESCO EXCHANGE TRADED FD T RSPH	RSPH	10,307	$327.7k10.3k shares
AMDOCS LTD DOX	DOX	3,177	$287.1k3.2k shares
FIDELITY COVINGTON TRUST FDRR	FDRR	6,099	$283.9k6.1k shares
MICRON TECHNOLOGY INC MU	MU	2,395	$282.4k2.4k shares
WILLSCOT HLDGS CORP WSC	WSC	5,953	$276.8k6.0k shares
VERALTO CORP VLTO	VLTO	3,042	$269.7k3.0k shares
INNOVATOR ETFS TRUST KJUL	KJUL	8,834	$248.1k8.8k shares
INNOVATOR ETFS TRUST BJUL	BJUL	6,091	$245.7k6.1k shares
FIRST TR EXCHNG TRADED FD VI YJUN	YJUN	10,958	$242.8k11.0k shares
INNOVATOR ETFS TRUST PAUG	PAUG	6,787	$240.1k6.8k shares