Financial Advocates Investment Management

OLYMPIA, WA · CIK 1730293 · 13F filing filed 2023-08-07

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$1.4bn reported value +4.1% vs Q1 2023

692positions

20.1%in top 10

50 new 297 added 318 reduced 93 sold out vs Q1 2023

Options: 1 call positions ($106.3k notional), 1 put positions ($34.0m notional) – listed below, not included above.

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	APPLE INC COM AAPL	AAPL	391,423	$75.9m5.55%	5.55%	Reduced -12.4k	-12,431 -3.1%
2	MICROSOFT CORP COM MSFT	MSFT	131,184	$44.7m3.27%	3.27%	Reduced -5.9k	-5,893 -4.3%
3	FIRST TR VALUE LINE DIVID IN SHS FVD	FVD	595,574	$23.9m1.75%	1.75%	Added +3.9k	+3,907 0.7%
4	NVIDIA CORPORATION COM NVDA	NVDA	52,072	$22.0m1.61%	1.61%	Reduced -1.7k	-1,721 -3.2%
5	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	96,304	$21.2m1.55%	1.55%	Reduced -500	-500 -0.5%
6	FIRST TR EXCHANGE-TRADED FD CAP STRENGTH ETF FTCS	FTCS	247,488	$18.6m1.36%	1.36%	Added +28	+28 0.0%
7	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	49,989	$18.5m1.35%	1.35%	Added +4.4k	+4,422 9.7%
8	AMAZON COM INC COM AMZN	AMZN	131,508	$17.1m1.25%	1.25%	New
9	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	60,320	$17.1m1.25%	1.25%	Reduced -732	-732 -1.2%
10	ISHARES TR S&P 500 GRWT ETF IVW	IVW	234,722	$16.5m1.21%	1.21%	Reduced -6.3k	-6,268 -2.6%
11	ISHARES TR CORE S&P MCP ETF IJH	IJH	61,991	$16.2m1.19%	1.19%	Added +4.8k	+4,824 8.4%
12	ISHARES TR CORE MSCI EAFE IEFA	IEFA	239,839	$16.2m1.18%	1.18%	Added +5.4k	+5,442 2.3%
13	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	213,678	$15.5m1.14%	1.14%	Reduced -2.7k	-2,697 -1.2%
14	DIMENSIONAL ETF TRUST INTL CORE EQT MK DFAI	DFAI	469,408	$12.8m0.94%	0.94%	Added +35.7k	+35,705 8.2%
15	ISHARES TR CORE S&P US GWT IUSG	IUSG	183,453	$12.4m0.91%	0.91%	Added +81.2k	+81,150 79.3%
16	TESLA INC COM TSLA	TSLA	47,088	$12.3m0.90%	0.90%	Added +2.5k	+2,545 5.7%
17	FIRST TR EXCHNG TRADED FD VI TCW OPPORTUNIS FIXD	FIXD	271,055	$12.0m0.88%	0.88%	Added +75.6k	+75,643 38.7%
18	ISHARES TR S&P 500 VAL ETF IVE	IVE	73,720	$11.9m0.87%	0.87%	Reduced -3.0k	-3,001 -3.9%
19	SPDR GOLD TR GOLD SHS GLD	GLD	60,933	$10.9m0.80%	0.80%	New
20	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	175,307	$10.7m0.78%	0.78%	Reduced -45.0k	-44,993 -20.4%
21	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	77,534	$10.5m0.76%	0.76%	Reduced -1.4k	-1,430 -1.8%
22	FIRST TR EXCHNG TRADED FD VI TCW UNCONSTRAI UCON	UCON	429,448	$10.4m0.76%	0.76%	Reduced -9.5k	-9,454 -2.1%
23	SELECT SECTOR SPDR TR ENERGY XLE	XLE	127,414	$10.3m0.76%	0.76%	Reduced -26.1k	-26,078 -17.0%
24	SPDR SER TR S&P DIVID ETF SDY	SDY	78,113	$9.4m0.68%	0.68%	Added +5.8k	+5,816 8.0%
25	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	61,801	$9.2m0.68%	0.68%	Added +6.1k	+6,124 11.0%
26	PACER FDS TR US CASH COWS 100 COWZ	COWZ	191,942	$9.2m0.67%	0.67%	Reduced -137.4k	-137,375 -41.7%
27	ISHARES TR RUSSELL 2000 ETF IWM	IWM	48,434	$9.1m0.66%	0.66%	Added +4.1k	+4,149 9.4%
28	FIRST TR EXCHANGE TRADED FD RISNG DIVD ACHIV RDVY	RDVY	186,019	$8.8m0.64%	0.64%	Reduced -13.3k	-13,280 -6.7%
29	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	159,758	$8.3m0.61%	0.61%	Reduced -3.4k	-3,419 -2.1%
30	ISHARES TR CORE S&P500 ETF IVV	IVV	19,020	$8.3m0.61%	0.61%	Reduced -18.1k	-18,076 -48.7%
31	J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF JPST	JPST	160,763	$8.1m0.59%	0.59%	Reduced -105.0k	-105,009 -39.5%
32	VANGUARD INDEX FDS VALUE ETF VTV	VTV	55,935	$7.9m0.58%	0.58%	Added +1.1k	+1,103 2.0%
33	FIRST TR EXCHNG TRADED FD VI FT VEST LADDERED BUFD	BUFD	365,724	$7.9m0.58%	0.58%	Reduced -7.6k	-7,601 -2.0%
34	INVESCO EXCHANGE TRADED FD T S&P500 QUALITY SPHQ	SPHQ	154,997	$7.8m0.57%	0.57%	Added +68.8k	+68,793 79.8%
35	ISHARES SILVER TR ISHARES SLV	SLV	369,081	$7.7m0.57%	0.57%	New
36	ISHARES TR 20 YR TR BD ETF TLT	TLT	74,598	$7.7m0.56%	0.56%	New
37	CHEVRON CORP NEW COM CVX	CVX	48,463	$7.6m0.56%	0.56%	Added +14.2k	+14,150 41.2%
38	DIMENSIONAL ETF TRUST EMGR CRE EQT MNG DFAE	DFAE	321,586	$7.5m0.55%	0.55%	Added +69.0k	+68,996 27.3%
39	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	81,914	$7.5m0.55%	0.55%	Added +21.0k	+21,012 34.5%
40	ALPHABET INC CAP STK CL C GOOG	GOOG	61,888	$7.5m0.55%	0.55%	Reduced -1.1k	-1,112 -1.8%
41	ISHARES TR MODERT ALLOC ETF AOM	AOM	32,711	$7.5m0.55%	0.55%	Added +17.2k	+17,248 111.5%
42	ISHARES TR MBS ETF MBB	MBB	83,164	$7.3m0.53%	0.53%	Added +25.9k	+25,863 45.1%
43	ISHARES INC CORE MSCI EMKT IEMG	IEMG	146,937	$7.2m0.53%	0.53%	Reduced -26.4k	-26,382 -15.2%
44	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	21,005	$7.2m0.52%	0.52%	Reduced -849	-849 -3.9%
45	ISHARES TR CORE S&P SCP ETF IJR	IJR	70,395	$7.0m0.51%	0.51%	Added +2.0k	+1,998 2.9%
46	DIMENSIONAL ETF TRUST US SMALL CAP ETF DFAS	DFAS	122,034	$6.7m0.49%	0.49%	Reduced -20.0k	-20,042 -14.1%
47	FIRST TR MORNINGSTAR DIVID L SHS FDL	FDL	191,739	$6.5m0.48%	0.48%	Reduced -18.4k	-18,418 -8.8%
48	INVESCO EXCH TRADED FD TR II S&P500 LOW VOL SPLV	SPLV	103,368	$6.5m0.47%	0.47%	Added +3.9k	+3,940 4.0%
49	ISHARES TR CORE S&P US VLU IUSV	IUSV	82,897	$6.5m0.47%	0.47%	Added +6.1k	+6,077 7.9%
50	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	36,783	$6.4m0.47%	0.47%	Added +3.5k	+3,495 10.5%
51	COSTCO WHSL CORP NEW COM COST	COST	11,748	$6.3m0.46%	0.46%	Added +68	+68 0.6%
52	ISHARES TR CORE TOTAL USD IUSB	IUSB	137,896	$6.3m0.46%	0.46%	Added +4.8k	+4,827 3.6%
53	INVESCO EXCHANGE TRADED FD T S&P 500 TOP 50 XLG	XLG	17,537	$6.1m0.45%	0.45%	Added +3.3k	+3,318 23.3%
54	FIRST TR EXCH TRADED FD III MANAGD MUN ETF FMB	FMB	119,711	$6.1m0.44%	0.44%	Added +31.1k	+31,110 35.1%
55	BOEING CO COM BA	BA	27,998	$5.9m0.43%	0.43%	Reduced -550	-550 -1.9%
56	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	36,385	$5.9m0.43%	0.43%	Added +1.7k	+1,682 4.8%
57	VISA INC COM CL A V	V	24,546	$5.8m0.43%	0.43%	Added +272	+272 1.1%
58	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	145,416	$5.6m0.41%	0.41%	Added +85.0k	+84,993 140.7%
59	WISDOMTREE TR INTL QULTY DIV IQDG	IQDG	163,978	$5.6m0.41%	0.41%	Added +146.9k	+146,895 859.9%
60	FIRST TR EXCHANGE TRAD FD VI FST TR GLB FD FTGC	FTGC	243,644	$5.5m0.41%	0.41%	Reduced -520	-520 -0.2%
61	LEGG MASON ETF INVT FRANKLIN US LOW LVHD	LVHD	149,066	$5.5m0.40%	0.40%	Added +85.8k	+85,762 135.5%
62	SPDR SER TR PORTFOLIO AGRGTE SPAB	SPAB	215,361	$5.5m0.40%	0.40%	Added +11.4k	+11,361 5.6%
63	ISHARES TR MSCI USA MIN VOL USMV	USMV	72,162	$5.5m0.40%	0.40%	Added +887	+887 1.2%
64	FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT LMBS	LMBS	112,066	$5.3m0.39%	0.39%	Added +127	+127 0.1%
65	ISHARES TR 1 3 YR TREAS BD SHY	SHY	65,390	$5.3m0.39%	0.39%	Reduced -3.2k	-3,186 -4.7%
66	VERIZON COMMUNICATIONS INC COM VZ	VZ	139,659	$5.2m0.38%	0.38%	Added +43.5k	+43,461 45.2%
67	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	63,878	$5.0m0.37%	0.37%	Added +8.6k	+8,603 15.6%
68	GLOBAL X FDS US INFR DEV ETF PAVE	PAVE	159,242	$5.0m0.37%	0.37%	Added +4.7k	+4,715 3.0%
69	NEXTERA ENERGY INC COM NEE	NEE	66,526	$4.9m0.36%	0.36%	Added +1.3k	+1,315 2.0%
70	ISHARES TR MSCI USA MMENTM MTUM	MTUM	34,433	$4.9m0.36%	0.36%	Reduced -1.1k	-1,132 -3.2%
71	PROCTER AND GAMBLE CO COM PG	PG	32,002	$4.9m0.36%	0.36%	Added +737	+737 2.4%
72	JOHNSON & JOHNSON COM JNJ	JNJ	29,075	$4.8m0.35%	0.35%	Added +350	+350 1.2%
73	NORTHERN LTS FD TR IV INSPIRE 100 ETF BIBL	BIBL	144,519	$4.8m0.35%	0.35%	Added +8.1k	+8,082 5.9%
74	GOLDMAN SACHS ETF TR ACCES TREASURY GBIL	GBIL	47,295	$4.7m0.35%	0.35%	Reduced -1.3k	-1,254 -2.6%
75	AMERICAN CENTY ETF TR US QUALITY GROW QGRO	QGRO	67,619	$4.7m0.34%	0.34%	Added +41.1k	+41,104 155.0%
76	ABBVIE INC COM ABBV	ABBV	33,564	$4.5m0.33%	0.33%	Added +67	+67 0.2%
77	AMERICAN CENTY ETF TR US SML CP VALU AVUV	AVUV	58,099	$4.5m0.33%	0.33%	Added +30.3k	+30,269 108.8%
78	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	59,530	$4.5m0.33%	0.33%	Added +4.0k	+3,996 7.2%
79	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	33,206	$4.4m0.32%	0.32%	Reduced -10.0k	-9,962 -23.1%
80	FIRST TR EXCHANGE-TRADED FD FIRST TR ENH NEW FTSM	FTSM	73,269	$4.4m0.32%	0.32%	Added +2.1k	+2,066 2.9%
81	SPDR SER TR BLOOMBERG 3-12 M BILS	BILS	42,976	$4.3m0.31%	0.31%	Added +21.4k	+21,387 99.1%
82	FIRST TR MULTI CP VAL ALPHA SHS ISSUED FRST FAB	FAB	60,271	$4.3m0.31%	0.31%	Reduced -344	-344 -0.6%
83	PACER FDS TR TRENDP US LAR CP PTLC	PTLC	101,143	$4.2m0.31%	0.31%	Reduced -9.0k	-8,997 -8.2%
84	ISHARES TR CORE US AGGBD ET AGG	AGG	45,295	$4.2m0.30%	0.30%	Reduced -23.7k	-23,687 -34.3%
85	SELECT SECTOR SPDR TR SBI CONS STPLS XLP	XLP	55,061	$4.1m0.30%	0.30%	Added +825	+825 1.5%
86	PIMCO CORPORATE & INCOME OPP COM PTY	PTY	282,500	$4.0m0.29%	0.29%	Added +22.0k	+22,000 8.4%
87	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	52,119	$3.9m0.29%	0.29%	Reduced -2.1k	-2,106 -3.9%
88	EXXON MOBIL CORP COM XOM	XOM	35,916	$3.9m0.28%	0.28%	Added +544	+544 1.5%
89	VANGUARD WORLD FD EXTENDED DUR EDV	EDV	43,905	$3.8m0.28%	0.28%	Reduced -1.1k	-1,090 -2.4%
90	ISHARES TR MRNGSTR INC ETF IYLD	IYLD	51,636	$3.8m0.28%	0.28%	Reduced -63	-63 -0.1%
91	ALPHABET INC CAP STK CL A GOOGL	GOOGL	31,793	$3.8m0.28%	0.28%	Added +620	+620 2.0%
92	FRANKLIN TEMPLETON ETF TR INTL COR DIV TIL DIVI	DIVI	128,651	$3.8m0.27%	0.27%	Added +39.5k	+39,459 44.2%
93	ISHARES TR CORE DIV GRWTH DGRO	DGRO	71,791	$3.7m0.27%	0.27%	Added +2.9k	+2,938 4.3%
94	GOLDMAN SACHS ETF TR ACTIVEBETA US LG GSLC	GSLC	41,822	$3.7m0.27%	0.27%	Reduced -669	-669 -1.6%
95	PALO ALTO NETWORKS INC COM PANW	PANW	14,164	$3.6m0.26%	0.26%	Added +8.0k	+7,954 128.1%
96	FIRST TR EXCH TRADED FD III MUNI HI INCM ETF FMHI	FMHI	76,448	$3.6m0.26%	0.26%	Added +18.6k	+18,556 32.0%
97	STARBUCKS CORP COM SBUX	SBUX	36,238	$3.6m0.26%	0.26%	Reduced -2.6k	-2,621 -6.7%
98	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	77,083	$3.5m0.26%	0.26%	Added +7.2k	+7,199 10.3%
99	JPMORGAN CHASE & CO COM JPM	JPM	24,219	$3.5m0.26%	0.26%	Added +272	+272 1.1%
100	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	33,186	$3.5m0.26%	0.26%	Reduced -728	-728 -2.1%

Sold out since Q1 2023

Security	Ticker	Shares held before	Value then
FIRST TR EXCHANGE TRADED FD FXH	FXH	68,745	$7.4m68.7k shares
MEDICAL PPTYS TRUST INC MPT	MPT	481,769	$4.0m481.8k shares
SPDR SER TR		42,890	$3.6m42.9k shares
ICAHN ENTERPRISES LP IEP	IEP	59,795	$3.1m59.8k shares
APOLLO COML REAL EST FIN INC ARI	ARI	307,041	$2.9m307.0k shares
PACER FDS TR ALTL	ALTL	70,461	$2.7m70.5k shares
ISHARES TR SHV	SHV	22,901	$2.5m22.9k shares
FLEXSHARES TR GUNR	GUNR	52,818	$2.2m52.8k shares
SPDR SER TR FITE	FITE	46,698	$2.2m46.7k shares
VANECK ETF TRUST HYD	HYD	35,085	$1.8m35.1k shares
NUVEEN MUN HIGH INCOME OPPOR NMZ	NMZ	161,755	$1.7m161.8k shares
SCHWAB STRATEGIC TR SCHR	SCHR	34,619	$1.7m34.6k shares
VANGUARD INTL EQUITY INDEX F VNQI	VNQI	40,883	$1.7m40.9k shares
INVESCO EXCHANGE TRADED FD T PWB	PWB	25,347	$1.6m25.3k shares
PIMCO ETF TR ZROZ	ZROZ	15,928	$1.5m15.9k shares
INVESCO EXCHANGE TRADED FD T RZV	RZV	15,802	$1.4m15.8k shares
SSGA ACTIVE ETF TR SRLN	SRLN	34,451	$1.4m34.5k shares
VANECK ETF TRUST IHY	IHY	66,771	$1.3m66.8k shares
ISHARES TR FLOT	FLOT	25,861	$1.3m25.9k shares
NUVEEN AMT FREE MUN CR INC F NVG	NVG	109,342	$1.3m109.3k shares
ISHARES TR ARTY	ARTY	40,371	$1.3m40.4k shares
ISHARES TR IYH	IYH	11,187	$1.1m11.2k shares
SIMON PPTY GROUP INC NEW SPG	SPG	9,228	$1.0m9.2k shares
FEDERAL RLTY INVT TR NEW FRT	FRT	9,329	$922.0k9.3k shares
SPDR INDEX SHS FDS GMF	GMF	9,080	$911.1k9.1k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	76,830	$34.0m76.8k shares	Reduced
INMUNE BIO INC INMB · Call	INMB	Call	11,510	$106.3k11.5k shares	New