PFG Advisors

Phoenix, AZ · CIK 1694435 · 13F filing filed 2026-07-16

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

$2.0bn reported value -3.4% vs Q1 2026

791positions

19.0%in top 10

82 new 290 added 398 reduced 79 sold out vs Q1 2026

Holdings, Q2 2026

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	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	69,020	$50.8m2.56%	2.56%	Reduced -399	-399 -0.6%
2	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	571,575	$49.2m2.48%	2.48%	Reduced -14.3k	-14,283 -2.4%
3	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	123,326	$45.6m2.30%	2.30%	Reduced -27.0k	-27,007 -18.0%
4	APPLE INC COM AAPL	AAPL	148,464	$43.0m2.17%	2.17%	Reduced -12.8k	-12,808 -7.9%
5	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	464,460	$40.8m2.06%	2.06%	Added +28.0k	+27,989 6.4%
6	NVIDIA CORPORATION COM NVDA	NVDA	173,052	$34.6m1.75%	1.75%	Reduced -4.0k	-4,011 -2.3%
7	FIDELITY COVINGTON TRUST MSCI INFO TECH I FTEC	FTEC	102,879	$29.4m1.48%	1.48%	Added +580	+580 0.6%
8	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	42,620	$29.3m1.48%	1.48%	Reduced -807	-807 -1.9%
9	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	115,490	$27.3m1.38%	1.38%	Reduced -2.8k	-2,777 -2.4%
10	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	820,421	$26.0m1.31%	1.31%	Reduced -277.9k	-277,921 -25.3%
11	MICROSOFT CORP COM MSFT	MSFT	68,913	$25.7m1.30%	1.30%	Reduced -4.2k	-4,171 -5.7%
12	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	157,118	$24.8m1.25%	1.25%	Added +20.4k	+20,397 14.9%
13	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	254,291	$21.7m1.10%	1.10%	Added +16.8k	+16,845 7.1%
14	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	271,867	$20.0m1.01%	1.01%	Added +45.7k	+45,675 20.2%
15	DIMENSIONAL ETF TRUST US EQUITY MARKET DFUS	DFUS	232,677	$19.1m0.96%	0.96%	Added +2.4k	+2,411 1.1%
16	ISHARES TR CORE S&P500 ETF IVV	IVV	22,819	$17.1m0.86%	0.86%	Reduced -2.4k	-2,415 -9.6%
17	BROADCOM INC COM AVGO	AVGO	42,851	$16.2m0.82%	0.82%	Added +81	+81 0.2%
18	AMAZON COM INC COM AMZN	AMZN	61,071	$14.6m0.73%	0.73%	Reduced -7.8k	-7,773 -11.3%
19	ALPHABET INC CAP STK CL C GOOG	GOOG	41,093	$14.5m0.73%	0.73%	Reduced -3.2k	-3,196 -7.2%
20	COSTCO WHSL CORP NEW COM COST	COST	14,782	$13.8m0.70%	0.70%	Added +301	+301 2.1%
21	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	385,935	$13.1m0.66%	0.66%	Added +468	+468 0.1%
22	FIRST TR EXCHANGE TRADED FD RISNG DIVD ACHIV RDVY	RDVY	160,875	$13.0m0.66%	0.66%	Reduced -22.8k	-22,805 -12.4%
23	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	437,209	$12.9m0.65%	0.65%	Added +28.5k	+28,519 7.0%
24	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	17,043	$12.7m0.64%	0.64%	Reduced -4.9k	-4,880 -22.3%
25	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	19,213	$12.6m0.64%	0.64%	Reduced -1.1k	-1,147 -5.6%
26	KLA CORP COM NEW KLAC	KLAC	39,439	$11.9m0.60%	0.60%	Reduced -6.3k	-6,321 -13.8%
27	CATERPILLAR INC COM CAT	CAT	11,057	$11.8m0.59%	0.59%	Reduced -956	-956 -8.0%
28	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	264,770	$11.7m0.59%	0.59%	Added +1.5k	+1,531 0.6%
29	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	254,449	$11.6m0.58%	0.58%	Reduced -11.7k	-11,673 -4.4%
30	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	113,231	$11.4m0.57%	0.57%	Reduced -56.3k	-56,273 -33.2%
31	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	22,409	$11.2m0.57%	0.57%	Reduced -2.1k	-2,101 -8.6%
32	VANGUARD MUN BD FDS TAX EXEMPT BD VTEB	VTEB	217,730	$11.0m0.56%	0.56%	Added +10.8k	+10,772 5.2%
33	SPDR SER TR PORTFOLIO LN COR SPLB	SPLB	484,688	$10.9m0.55%	0.55%	Added +56.6k	+56,584 13.2%
34	ISHARES TR CORE TOTAL USD IUSB	IUSB	233,566	$10.8m0.54%	0.54%	Reduced -169.4k	-169,364 -42.0%
35	VANGUARD INDEX FDS VALUE ETF VTV	VTV	49,340	$10.8m0.54%	0.54%	Reduced -2.3k	-2,323 -4.5%
36	CAPITAL GROUP DIVIDEND VALUE SHS CREATION UNI CGDV	CGDV	210,765	$10.4m0.52%	0.52%	Added +17.5k	+17,495 9.1%
37	VANGUARD SCOTTSDALE FDS MTG-BKD SECS ETF VMBS	VMBS	219,383	$10.3m0.52%	0.52%	Added +4.4k	+4,444 2.1%
38	JPMORGAN CHASE & CO COM JPM	JPM	31,203	$10.2m0.51%	0.51%	Reduced -5.6k	-5,592 -15.2%
39	ALPHABET INC CAP STK CL A GOOGL	GOOGL	27,010	$9.7m0.49%	0.49%	Reduced -1.1k	-1,063 -3.8%
40	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	112,436	$9.4m0.47%	0.47%	Added +7.8k	+7,753 7.4%
41	ISHARES TR CORE US AGGBD ET AGG	AGG	94,895	$9.4m0.47%	0.47%	Reduced -21.5k	-21,502 -18.5%
42	ISHARES TR ISHARES SEMICDTR SOXX	SOXX	14,468	$9.3m0.47%	0.47%	Reduced -7.5k	-7,511 -34.2%
43	PIMCO ETF TR MULTISECTOR BD PYLD	PYLD	337,213	$8.9m0.45%	0.45%	Added +38.1k	+38,130 12.8%
44	BLACKROCK ETF TRUST ISHARES US EQUIT DYNF	DYNF	130,145	$8.9m0.45%	0.45%	Reduced -1.2k	-1,167 -0.9%
45	ISHARES TR 3 7 YR TREAS BD IEI	IEI	75,241	$8.8m0.45%	0.45%	Reduced -72.8k	-72,793 -49.2%
46	ISHARES TR 7-10 YR TRSY BD IEF	IEF	88,893	$8.4m0.42%	0.42%	Added +9.4k	+9,419 11.8%
47	PACER FDS TR TRENDP US LAR CP PTLC	PTLC	142,257	$8.3m0.42%	0.42%	Added +10.8k	+10,757 8.2%
48	GE VERNOVA INC COM GEV	GEV	7,052	$8.3m0.42%	0.42%	Added +1.3k	+1,293 22.4%
49	WELLS FARGO CO NEW COM WFC	WFC	99,763	$8.2m0.42%	0.42%	Reduced -19.1k	-19,109 -16.1%
50	INVESCO EXCH TRD SLF IDX FD RAFI STRATGIC US IUS	IUS	124,271	$8.1m0.41%	0.41%	Added +10.9k	+10,854 9.6%
51	CAPITAL GROUP GROWTH ETF SHS CREATION UNI CGGR	CGGR	168,863	$8.0m0.40%	0.40%	Added +23.2k	+23,180 15.9%
52	WORLD GOLD TR SPDR GLD MINIS GLDM	GLDM	96,161	$7.6m0.38%	0.38%	Reduced -6.2k	-6,161 -6.0%
53	J P MORGAN EXCHANGE TRADED F JPMORGAN INTL VL JIVE	JIVE	81,689	$7.5m0.38%	0.38%	Added +11.9k	+11,911 17.1%
54	LAM RESEARCH CORP COM NEW LRCX	LRCX	17,331	$7.5m0.38%	0.38%	Reduced -2.2k	-2,228 -11.4%
55	ISHARES TR S&P 500 VAL ETF IVE	IVE	32,168	$7.3m0.37%	0.37%	Reduced -2.5k	-2,521 -7.3%
56	JOHNSON & JOHNSON COM JNJ	JNJ	28,720	$7.3m0.37%	0.37%	Reduced -1.6k	-1,611 -5.3%
57	ISHARES TR S&P 500 GRWT ETF IVW	IVW	51,836	$7.1m0.36%	0.36%	Added +2.9k	+2,938 6.0%
58	NEXTRACKER INC CLASS A COM NXT	NXT	40,951	$7.1m0.36%	0.36%	Added +31.4k	+31,439 330.5%
59	EMCOR GROUP INC COM EME	EME	8,425	$7.0m0.35%	0.35%	Added +14	+14 0.2%
60	FIRST TR EXCHNG TRADED FD VI TCW UNCONSTRAI UCON	UCON	271,861	$6.8m0.34%	0.34%	Added +10.3k	+10,347 4.0%
61	CAPITAL GROUP CORE EQUITY ET SHS CREATION UNI CGUS	CGUS	150,541	$6.7m0.34%	0.34%	Added +11.2k	+11,158 8.0%
62	DIMENSIONAL ETF TRUST EMGR CRE EQT MNG DFAE	DFAE	160,934	$6.5m0.33%	0.33%	Reduced -881	-881 -0.5%
63	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	26,469	$6.4m0.32%	0.32%	Added +1.1k	+1,113 4.4%
64	AMPHENOL CORP CL A APH	APH	36,378	$6.4m0.32%	0.32%	Added +125	+125 0.3%
65	DIMENSIONAL ETF TRUST US MKTWIDE VALUE DFUV	DFUV	116,471	$6.4m0.32%	0.32%	Reduced -150	-150 -0.1%
66	VANGUARD WHITEHALL FDS INTL DVD ETF VIGI	VIGI	67,975	$6.3m0.32%	0.32%	Added +9.7k	+9,706 16.7%
67	INVESCO EXCHANGE TRADED FD T S&P MDCP QUALITY XMHQ	XMHQ	54,368	$6.1m0.31%	0.31%	Added +3.1k	+3,114 6.1%
68	ISHARES TR US TREAS BD ETF GOVT	GOVT	268,267	$6.1m0.31%	0.31%	Added +208.7k	+208,683 350.2%
69	ISHARES TR CORE S&P MCP ETF IJH	IJH	76,370	$5.9m0.30%	0.30%	Reduced -4.9k	-4,925 -6.1%
70	INVESCO EXCH TRADED FD TR II S&P 500 MOMNTM SPMO	SPMO	47,530	$5.9m0.30%	0.30%	Added +14.5k	+14,537 44.1%
71	SPDR GOLD TR GOLD SHS GLD	GLD	15,631	$5.8m0.29%	0.29%	Reduced -33.6k	-33,569 -68.2%
72	QUANTA SVCS INC COM PWR	PWR	7,982	$5.7m0.29%	0.29%	Reduced -121	-121 -1.5%
73	DIMENSIONAL ETF TRUST US SMALL CAP ETF DFAS	DFAS	69,763	$5.7m0.29%	0.29%	Added +117	+117 0.2%
74	DIMENSIONAL ETF TRUST CORE FIXED INCOM DFCF	DFCF	133,887	$5.7m0.28%	0.28%	Added +7.4k	+7,429 5.9%
75	CAPITAL GROUP GBL GROWTH EQT SHS CREATION UNI CGGO	CGGO	132,869	$5.6m0.28%	0.28%	Added +17.3k	+17,286 15.0%
76	ABBVIE INC COM ABBV	ABBV	22,305	$5.6m0.28%	0.28%	Added +212	+212 1.0%
77	VANGUARD BD INDEX FDS INTERMED TERM BIV	BIV	71,980	$5.5m0.28%	0.28%	Added +395	+395 0.6%
78	HOME DEPOT INC COM HD	HD	15,455	$5.5m0.27%	0.27%	Reduced -724	-724 -4.5%
79	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	28,504	$5.4m0.27%	0.27%	Reduced -3.8k	-3,778 -11.7%
80	CAPITAL GROUP CORE BALANCED SHS CGBL	CGBL	142,674	$5.4m0.27%	0.27%	Added +11.6k	+11,634 8.9%
81	ELI LILLY & CO COM LLY	LLY	4,488	$5.4m0.27%	0.27%	Reduced -105	-105 -2.3%
82	PROCTER AND GAMBLE CO COM PG	PG	36,571	$5.4m0.27%	0.27%	Reduced -30.4k	-30,408 -45.4%
83	DIMENSIONAL ETF TRUST INTL CORE EQT MK DFAI	DFAI	128,886	$5.3m0.27%	0.27%	Added +1.1k	+1,150 0.9%
84	AMGEN INC COM AMGN	AMGN	14,633	$5.3m0.27%	0.27%	Added +298	+298 2.1%
85	VANGUARD SCOTTSDALE FDS VNG RUS1000GRW VONG	VONG	40,407	$5.2m0.26%	0.26%	Added +438	+438 1.1%
86	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	62,123	$5.1m0.26%	0.26%	Reduced -6.7k	-6,701 -9.7%
87	ANALOG DEVICES INC COM ADI	ADI	12,866	$5.1m0.26%	0.26%	Reduced -61	-61 -0.5%
88	PACER FDS TR US CASH COWS 100 COWZ	COWZ	82,099	$5.1m0.26%	0.26%	Reduced -19.4k	-19,448 -19.1%
89	ADVANCED MICRO DEVICES INC COM AMD	AMD	8,771	$5.1m0.26%	0.26%	Reduced -2.1k	-2,060 -19.0%
90	GLOBAL X FDS US INFR DEV ETF PAVE	PAVE	85,259	$5.0m0.25%	0.25%	Added +2.6k	+2,627 3.2%
91	VANGUARD INDEX FDS SMALL CP ETF VB	VB	16,534	$5.0m0.25%	0.25%	Added +130	+130 0.8%
92	UNION PAC CORP COM UNP	UNP	18,234	$5.0m0.25%	0.25%	Added +546	+546 3.1%
93	VANGUARD CALIF TAX FREE FDS TAX EXEMPT BD FD VTEC	VTEC	48,855	$4.9m0.25%	0.25%	Added +1.1k	+1,118 2.3%
94	MICRON TECHNOLOGY INC COM MU	MU	4,243	$4.9m0.25%	0.25%	Added +1.4k	+1,372 47.8%
95	BWX TECHNOLOGIES INC COM BWXT	BWXT	24,789	$4.8m0.24%	0.24%	Added +3.3k	+3,293 15.3%
96	FIDELITY COVINGTON TRUST HIGH DIVID ETF FDVV	FDVV	78,930	$4.8m0.24%	0.24%	Added +286	+286 0.4%
97	GENERAL DYNAMICS CORP COM GD	GD	13,328	$4.7m0.24%	0.24%	Reduced -382	-382 -2.8%
98	ISHARES TR MSCI ACWI EX US ACWX	ACWX	61,694	$4.7m0.24%	0.24%	Added +56.6k	+56,634 1119.2%
99	CUMMINS INC COM CMI	CMI	6,523	$4.7m0.23%	0.23%	Reduced -173	-173 -2.6%
100	DIMENSIONAL ETF TRUST US HIGH PROFITAB US HIGH PROFITAB		109,945	$4.6m0.23%	0.23%	Added +672	+672 0.6%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
VISA INC V	V	21,783	$6.6m21.8k shares
RTX CORPORATION RTX	RTX	27,884	$5.4m27.9k shares
HONEYWELL INTL INC		7,948	$3.6m7.9k shares
SPDR SERIES TRUST XME	XME	26,628	$2.9m26.6k shares
EPR PPTYS EPR	EPR	35,650	$1.8m35.6k shares
FIRST TR MULTI CP VAL ALPHA FAB	FAB	14,035	$1.3m14.0k shares
PACER FDS TR PTNQ	PTNQ	17,679	$1.3m17.7k shares
ISHARES TR ACWI	ACWI	9,143	$1.3m9.1k shares
SILA REALTY TRUST INC		52,485	$1.2m52.5k shares
ENERGY TRANSFER L P ET	ET	59,040	$1.1m59.0k shares
INTUIT INTU	INTU	2,610	$1.1m2.6k shares
JACOBS SOLUTIONS INC J	J	8,774	$1.1m8.8k shares
WASTE CONNECTIONS INC WCN	WCN	6,456	$1.0m6.5k shares
ISHARES TR DVY	DVY	6,803	$1.0m6.8k shares
SPROTT FDS TR SETM	SETM	28,301	$936.2k28.3k shares
NIOCORP DEVS LTD NB	NB	196,675	$877.2k196.7k shares
CLOUDFLARE INC NET	NET	3,931	$811.1k3.9k shares
PENNANTPARK FLOATING RATE CA PFLT	PFLT	99,022	$796.1k99.0k shares
ISHARES TR IYE	IYE	11,757	$761.5k11.8k shares
VANGUARD SCOTTSDALE FDS VCSH	VCSH	9,461	$750.0k9.5k shares
ISHARES TR IJK	IJK	7,421	$746.7k7.4k shares
ARES CAPITAL CORP ARCC	ARCC	35,849	$646.0k35.8k shares
GLOBAL X FDS CLIP	CLIP	6,279	$630.2k6.3k shares
INVESCO EXCH TRADED FD TR II BKLN	BKLN	29,584	$603.8k29.6k shares
STEEL DYNAMICS INC STLD	STLD	3,248	$584.6k3.2k shares