PFG Advisors

Phoenix, AZ · CIK 1694435 · 13F filing filed 2025-08-07

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

$2.2bn reported value +21.0% vs Q1 2025

623positions

35.6%in top 10

96 new 379 added 134 reduced 168 sold out vs Q1 2025

Holdings, Q2 2025

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	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	677,423	$162.9m7.53%	7.53%	Added +626.5k	+626,503 1230.4%
2	VANGUARD ADMIRAL FDS INC 500 GRTH IDX F VOOG	VOOG	1,750,577	$154.1m7.12%	7.12%	Added +1.7m	+1,747,423 55403.4%
3	ISHARES GOLD TR ISHARES NEW IAU	IAU	1,432,369	$149.0m6.88%	6.88%	Added +1.4m	+1,403,121 4797.3%
4	SCHWAB CHARLES CORP COM SCHW	SCHW	1,994,936	$53.2m2.46%	2.46%	Added +2.0m	+1,991,895 65501.3%
5	MICRON TECHNOLOGY INC COM MU	MU	106,100	$52.0m2.40%	2.40%	Added +102.6k	+102,634 2961.2%
6	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	87,706	$48.4m2.23%	2.23%	Added +5.9k	+5,929 7.2%
7	FIDELITY COVINGTON TRUST MSCI CONSM DIS FDIS	FDIS	665,707	$47.1m2.18%	2.18%	Added +662.7k	+662,710 22112.5%
8	APPLE INC COM AAPL	AAPL	206,113	$42.3m1.95%	1.95%	Added +13.7k	+13,664 7.1%
9	NVIDIA CORPORATION COM NVDA	NVDA	231,638	$36.6m1.69%	1.69%	Added +43.7k	+43,747 23.3%
10	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	39,566	$24.4m1.13%	1.13%	Added +12.9k	+12,876 48.2%
11	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	324,648	$23.6m1.09%	1.09%	Added +123.8k	+123,843 61.7%
12	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	107,818	$19.7m0.91%	0.91%	Added +51	+51 0.1%
13	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	40,324	$19.6m0.90%	0.90%	Added +4.6k	+4,598 12.9%
14	COSTCO WHSL CORP NEW COM COST	COST	18,606	$18.4m0.85%	0.85%	Added +2.1k	+2,059 12.4%
15	AMAZON COM INC COM AMZN	AMZN	83,915	$18.4m0.85%	0.85%	Added +9.4k	+9,375 12.6%
16	SPDR GOLD TR GOLD SHS GLD	GLD	58,831	$17.9m0.83%	0.83%	Reduced -8.1k	-8,080 -12.1%
17	CAPITAL GROUP GROWTH ETF SHS CREATION UNI CGGR	CGGR	413,340	$16.8m0.78%	0.78%	Added +47.6k	+47,595 13.0%
18	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	291,709	$16.6m0.77%	0.77%	Added +18.9k	+18,934 6.9%
19	BROADCOM INC COM AVGO	AVGO	57,705	$15.9m0.73%	0.73%	Added +8.3k	+8,284 16.8%
20	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	182,557	$15.1m0.70%	0.70%	Added +32.6k	+32,610 21.8%
21	PACER FDS TR US CASH COWS 100 COWZ	COWZ	264,326	$14.6m0.67%	0.67%	Reduced -108.7k	-108,659 -29.1%
22	JPMORGAN CHASE & CO COM JPM	JPM	49,727	$14.4m0.67%	0.67%	Added +8.1k	+8,097 19.4%
23	ISHARES TR CORE TOTAL USD IUSB	IUSB	307,034	$14.2m0.66%	0.66%	Added +5.4k	+5,444 1.8%
24	SELECT SECTOR SPDR TR INDL XLI	XLI	88,051	$13.0m0.60%	0.60%	Reduced -1.3k	-1,267 -1.4%
25	PROCTER AND GAMBLE CO COM PG	PG	80,319	$12.9m0.60%	0.60%	Added +1.3k	+1,313 1.7%
26	ALPHABET INC CAP STK CL C GOOG	GOOG	71,525	$12.7m0.59%	0.59%	Added +10.1k	+10,067 16.4%
27	FIRST TR EXCHANGE TRADED FD RISNG DIVD ACHIV RDVY	RDVY	199,667	$12.5m0.58%	0.58%	Reduced -5.0k	-4,971 -2.4%
28	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	114,743	$12.5m0.58%	0.58%	Added +10.2k	+10,163 9.7%
29	CAPITAL GROUP DIVIDEND VALUE SHS CREATION UNI CGDV	CGDV	307,246	$12.1m0.56%	0.56%	Added +172.5k	+172,542 128.1%
30	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	147,172	$12.0m0.56%	0.56%	Added +3.8k	+3,761 2.6%
31	DIMENSIONAL ETF TRUST US EQUITY MARKET DFUS	DFUS	174,936	$11.7m0.54%	0.54%	Added +11.8k	+11,772 7.2%
32	INVESCO EXCH TRADED FD TR II S&P500 LOW VOL SPLV	SPLV	157,849	$11.5m0.53%	0.53%	Added +11.5k	+11,510 7.9%
33	VISA INC COM CL A V	V	31,749	$11.3m0.52%	0.52%	Added +5.6k	+5,598 21.4%
34	SPDR SER TR PORTFOLIO LN TSR SPTL	SPTL	417,537	$11.1m0.51%	0.51%	Added +63.5k	+63,466 17.9%
35	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	197,855	$10.0m0.46%	0.46%	Added +155.8k	+155,824 370.7%
36	INVESCO EXCH TRADED FD TR II S&P INTL LOW IDLV	IDLV	289,170	$9.6m0.44%	0.44%	Added +46.2k	+46,227 19.0%
37	GALLAGHER ARTHUR J & CO COM AJG	AJG	29,265	$9.4m0.43%	0.43%	Added +3.5k	+3,512 13.6%
38	KLA CORP COM NEW KLAC	KLAC	10,141	$9.1m0.42%	0.42%	Added +1.8k	+1,751 20.9%
39	GOLDMAN SACHS ETF TR ACTIVEBETA US LG GSLC	GSLC	75,040	$9.0m0.42%	0.42%	Added +9.2k	+9,193 14.0%
40	SPDR SER TR PORTFLI INTRMDIT SPTI	SPTI	313,152	$9.0m0.42%	0.42%	Added +54.8k	+54,816 21.2%
41	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	89,207	$9.0m0.41%	0.41%	Added +70.2k	+70,226 370.0%
42	ISHARES TR CORE HIGH DV ETF HDV	HDV	75,852	$8.9m0.41%	0.41%	Added +13.0k	+12,969 20.6%
43	FIRST TR EXCHANGE-TRADED FD CAP STRENGTH ETF FTCS	FTCS	92,476	$8.4m0.39%	0.39%	Reduced -20.2k	-20,182 -17.9%
44	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	32,728	$8.3m0.38%	0.38%	Added +4.1k	+4,121 14.4%
45	ALPS ETF TR ALERIAN MLP AMLP	AMLP	168,204	$8.2m0.38%	0.38%	Added +327	+327 0.2%
46	SPDR SER TR PORTFOLIO SH TSR SPTS	SPTS	279,612	$8.2m0.38%	0.38%	Added +31.1k	+31,130 12.5%
47	INVESCO ACTIVELY MANAGED EXC TOTAL RETURN GTO	GTO	170,237	$8.0m0.37%	0.37%	Added +9.0k	+9,041 5.6%
48	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	222,441	$8.0m0.37%	0.37%	Added +11.2k	+11,196 5.3%
49	SPDR SER TR PORTFOLIO LN COR SPLB	SPLB	348,930	$7.9m0.36%	0.36%	Added +27.1k	+27,127 8.4%
50	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	26,281	$7.9m0.36%	0.36%	Added +5.3k	+5,276 25.1%
51	HOME DEPOT INC COM HD	HD	20,523	$7.5m0.35%	0.35%	Added +3.0k	+2,951 16.8%
52	GE AEROSPACE COM NEW GE	GE	26,393	$7.4m0.34%	0.34%	Added +20.6k	+20,636 358.4%
53	VANGUARD SCOTTSDALE FDS MTG-BKD SECS ETF VMBS	VMBS	159,170	$7.4m0.34%	0.34%	Added +23.0k	+23,047 16.9%
54	FIRST TR EXCHNG TRADED FD VI TCW UNCONSTRAI UCON	UCON	288,901	$7.2m0.33%	0.33%	Added +18.0k	+18,009 6.7%
55	WORLD GOLD TR SPDR GLD MINIS GLDM	GLDM	108,805	$7.1m0.33%	0.33%	Reduced -3.0k	-2,954 -2.6%
56	STRYKER CORPORATION COM SYK	SYK	17,777	$7.0m0.32%	0.32%	Added +2.9k	+2,936 19.8%
57	DANAHER CORPORATION COM DHR	DHR	35,488	$7.0m0.32%	0.32%	Added +5.8k	+5,774 19.4%
58	EMCOR GROUP INC COM EME	EME	12,785	$6.8m0.32%	0.32%	Added +2.8k	+2,791 27.9%
59	CATERPILLAR INC COM CAT	CAT	17,389	$6.8m0.31%	0.31%	Added +2.3k	+2,262 14.9%
60	ISHARES TR CR 5 10 YR ETF IMTB	IMTB	154,342	$6.7m0.31%	0.31%	Reduced -235	-235 -0.1%
61	META PLATFORMS INC CL A META	META	9,051	$6.7m0.31%	0.31%	Added +1.3k	+1,279 16.5%
62	ANSYS INC COM ANSS	ANSS	18,732	$6.6m0.30%	0.30%	Added +2.9k	+2,920 18.5%
63	CHEVRON CORP NEW COM CVX	CVX	45,796	$6.6m0.30%	0.30%	Added +4.5k	+4,494 10.9%
64	UNION PAC CORP COM UNP	UNP	28,073	$6.5m0.30%	0.30%	Added +5.6k	+5,597 24.9%
65	VANGUARD WORLD FD CONSUM DIS ETF VCR	VCR	17,803	$6.5m0.30%	0.30%	Added +2.7k	+2,659 17.6%
66	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	23,038	$6.4m0.30%	0.30%	Reduced -4.1k	-4,089 -15.1%
67	ALPHABET INC CAP STK CL A GOOGL	GOOGL	35,866	$6.3m0.29%	0.29%	Added +3.2k	+3,205 9.8%
68	DIMENSIONAL ETF TRUST CORE FIXED INCOM DFCF	DFCF	148,369	$6.3m0.29%	0.29%	Added +1.1k	+1,056 0.7%
69	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	65,525	$6.2m0.29%	0.29%	Added +50.7k	+50,736 343.1%
70	FACTSET RESH SYS INC COM FDS	FDS	192,000	$6.2m0.29%	0.29%	Added +187.5k	+187,545 4209.8%
71	IDEXX LABS INC COM IDXX	IDXX	11,571	$6.2m0.29%	0.29%	Added +1.2k	+1,196 11.5%
72	S&P GLOBAL INC COM SPGI	SPGI	11,489	$6.1m0.28%	0.28%	Added +1.6k	+1,646 16.7%
73	CACI INTL INC CL A CACI	CACI	18,239	$6.0m0.28%	0.28%	Added +15.7k	+15,741 630.1%
74	JOHNSON & JOHNSON COM JNJ	JNJ	39,351	$6.0m0.28%	0.28%	Added +3.8k	+3,777 10.6%
75	AMGEN INC COM AMGN	AMGN	21,475	$6.0m0.28%	0.28%	Added +3.9k	+3,918 22.3%
76	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	18,929	$5.8m0.27%	0.27%	Added +3.3k	+3,313 21.2%
77	AMETEK INC COM AME	AME	32,187	$5.8m0.27%	0.27%	Added +6.3k	+6,261 24.1%
78	PAYCHEX INC COM PAYX	PAYX	39,298	$5.7m0.26%	0.26%	Added +5.6k	+5,572 16.5%
79	AMPHENOL CORP CL A APH	APH	57,837	$5.7m0.26%	0.26%	Added +3.1k	+3,052 5.6%
80	BLACKROCK ETF TRUST ISHARES US EQUIT DYNF	DYNF	104,200	$5.7m0.26%	0.26%	Added +1.9k	+1,894 1.9%
81	CARLISLE COS INC COM CSL	CSL	14,875	$5.6m0.26%	0.26%	Added +2.8k	+2,817 23.4%
82	ABBVIE INC COM ABBV	ABBV	29,403	$5.5m0.25%	0.25%	Added +3.1k	+3,062 11.6%
83	CHURCH & DWIGHT CO INC COM CHD	CHD	54,233	$5.2m0.24%	0.24%	Added +10.1k	+10,053 22.8%
84	HUBBELL INC COM HUBB	HUBB	12,723	$5.2m0.24%	0.24%	Added +2.6k	+2,588 25.5%
85	WASTE CONNECTIONS INC COM WCN	WCN	27,619	$5.2m0.24%	0.24%	Added +3.4k	+3,352 13.8%
86	SYNOPSYS INC COM SNPS	SNPS	12,274	$5.1m0.23%	0.23%	Added +4.3k	+4,338 54.7%
87	JOHN HANCOCK EXCHANGE TRADED MULTIFACTOR MI JHMM	JHMM	82,217	$5.0m0.23%	0.23%	Added +8.1k	+8,102 10.9%
88	HEICO CORP NEW COM HEI	HEI	15,051	$4.9m0.23%	0.23%	Added +2.7k	+2,723 22.1%
89	BWX TECHNOLOGIES INC COM BWXT	BWXT	34,133	$4.9m0.23%	0.23%	Added +7.0k	+6,986 25.7%
90	ISHARES TR US TREAS BD ETF GOVT	GOVT	212,632	$4.9m0.23%	0.23%	Added +143.1k	+143,066 205.7%
91	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	8,982	$4.9m0.23%	0.23%	Added +1.3k	+1,312 17.1%
92	INVESCO EXCHANGE TRADED FD T NASDAQ INTERNT PNQI	PNQI	93,473	$4.9m0.23%	0.23%	Added +16.6k	+16,630 21.6%
93	BONDBLOXX ETF TRUST BLOOMBERG TEN YR XTEN	XTEN	105,666	$4.9m0.23%	0.23%	Added +52.8k	+52,782 99.8%
94	TESLA INC COM TSLA	TSLA	15,280	$4.9m0.22%	0.22%	Added +4.3k	+4,275 38.9%
95	HONEYWELL INTL INC COM COM		20,716	$4.8m0.22%	0.22%	Added +2.5k	+2,545 14.0%
96	LAM RESEARCH CORP COM NEW LRCX	LRCX	49,477	$4.8m0.22%	0.22%	Added +8.2k	+8,168 19.8%
97	INVESCO EXCH TRD SLF IDX FD RAFI STRATGIC US IUS	IUS	92,919	$4.8m0.22%	0.22%	Added +7.1k	+7,091 8.3%
98	ANALOG DEVICES INC COM ADI	ADI	20,020	$4.8m0.22%	0.22%	Added +3.5k	+3,499 21.2%
99	PIMCO ETF TR MULTISECTOR BD PYLD	PYLD	179,310	$4.8m0.22%	0.22%	Added +54.5k	+54,549 43.7%
100	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	51,869	$4.7m0.22%	0.22%	Added +12.6k	+12,584 32.0%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
VANGUARD INDEX FDS VUG	VUG	102,522	$38.0m102.5k shares
MICROSOFT CORP MSFT	MSFT	91,515	$34.4m91.5k shares
VANGUARD INDEX FDS VTI	VTI	122,375	$33.6m122.4k shares
VANGUARD SPECIALIZED FUNDS VIG	VIG	119,596	$23.2m119.6k shares
SCHWAB STRATEGIC TR SCHD	SCHD	712,370	$19.9m712.4k shares
VANGUARD WHITEHALL FDS VYM	VYM	131,089	$16.9m131.1k shares
VANGUARD BD INDEX FDS BND	BND	222,572	$16.3m222.6k shares
FIDELITY MERRIMACK STR TR FBND	FBND	347,124	$15.8m347.1k shares
VANGUARD INDEX FDS VTV	VTV	88,318	$15.3m88.3k shares
ISHARES TR IEF	IEF	146,223	$13.9m146.2k shares
FIDELITY COVINGTON TRUST FTEC	FTEC	86,411	$13.9m86.4k shares
ISHARES TR IVV	IVV	23,759	$13.4m23.8k shares
VANGUARD INTL EQUITY INDEX F VWO	VWO	294,027	$13.3m294.0k shares
VANGUARD STAR FDS VXUS	VXUS	186,993	$11.6m187.0k shares
ISHARES TR AGG	AGG	116,159	$11.5m116.2k shares
ISHARES TR ACWI	ACWI	86,812	$10.1m86.8k shares
VANGUARD MUN BD FDS VTEB	VTEB	194,957	$9.7m195.0k shares
ISHARES TR IGSB	IGSB	161,213	$8.4m161.2k shares
VANGUARD BD INDEX FDS BLV	BLV	109,662	$7.7m109.7k shares
SCHWAB STRATEGIC TR SCHG	SCHG	302,351	$7.6m302.4k shares
ISHARES TR IVW	IVW	61,580	$5.7m61.6k shares
VANGUARD INTL EQUITY INDEX F VEU	VEU	91,978	$5.6m92.0k shares
SCHWAB STRATEGIC TR SCHB	SCHB	255,879	$5.5m255.9k shares
SCHWAB STRATEGIC TR SCHX	SCHX	244,139	$5.4m244.1k shares
ISHARES TR IWM	IWM	24,289	$4.8m24.3k shares