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Livermore
Livermore
ZHEN

PFG Advisors

SEC CIK
0001694435
Latest filing
Jul 16, 2026

Holdings in Q2 2025

Holdings as of Jun 30, 2025, filed Aug 7, 2025. Long positions only; changes compare share counts with Q1 2025.

Institution overview
Positions
623
−72 vs. Q1 2025
Portfolio value
$2.11B
+$323.4M (+18.1%) vs. Q1 2025
Filed
Aug 7, 2025
SEC
Holdings of PFG Advisors in Q2 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
Vanguard S&P 500 ETF922908363ETF677,423$162.9M7.7%+626,503+1,230.4%Added–
Vanguard S&P 500 Growth ETF921932505ETF1,750,577$154.1M7.3%+1,747,423+55,403.4%Added–
IAUiShares Gold TrustETF1,432,369$149.0M7.1%+1,403,121+4,797.3%AddedHistory
SCHWSchwab Charles CorpStock1,994,936$53.2M2.5%+1,991,895+65,501.3%AddedHistory
Invesco QQQ Trust Series I46090E103ETF87,706$48.4M2.3%+5,929+7.3%Added–
Fidelity Covington Trust316092204MSCI CONSM DIS665,707$47.1M2.2%+662,710+22,112.4%Added–
AAPLApple Inc.Stock206,113$42.3M2.0%+13,664+7.1%AddedHistory
NVDANVIDIA CorpStock231,638$36.6M1.7%+43,747+23.3%AddedHistory
SPYSPDR S&P 500 ETF TrustETF39,566$24.4M1.2%+12,876+48.2%AddedHistory
State Street SPDR Portfolio S&P 500 ETF78464A854ETF324,648$23.6M1.1%+123,843+61.7%Added–
iShares MSCI USA Quality Factor ETF46432F339ETF107,818$19.7M0.9%+510.0%Added–
BRK.BBerkshire Hathaway IncStock40,324$19.6M0.9%+4,598+12.9%AddedHistory
COSTCostco Wholesale CorpStock18,606$18.4M0.9%+2,059+12.4%AddedHistory
AMZNAmazon Com IncStock83,915$18.4M0.9%+9,375+12.6%AddedHistory
GLDSPDR Gold TrustETF58,831$17.9M0.8%−8,080−12.1%ReducedHistory
Capital Group Growth ETF14020G101SHS CREAT UNIT413,340$16.8M0.8%+47,595+13.0%Added–
J P Morgan Exchange Traded F46641Q332EQUITY PREMIUM291,709$16.6M0.8%+18,934+6.9%Added–
AVGOBroadcom Inc.Stock57,705$15.9M0.8%+8,284+16.8%AddedHistory
Vanguard Intermediate-Term Corporate Bond ETF92206C870ETF182,557$15.1M0.7%+32,610+21.7%Added–
Pacer US Cash Cows 100 ETF69374H881ETF264,326$14.6M0.7%−108,659−29.1%Reduced–
JPMJPMorgan Chase & CoStock49,727$14.4M0.7%+8,097+19.4%AddedHistory
iShares Tr46434V613CORE UNIVRSL USD307,034$14.2M0.7%+5,444+1.8%Added–
State Street Industrial Select Sector SPDR ETF81369Y704ETF88,051$13.0M0.6%−1,267−1.4%Reduced–
PGProcter & Gamble CoStock80,319$12.9M0.6%+1,313+1.7%AddedHistory
GOOGAlphabet Inc.Stock71,525$12.7M0.6%+10,067+16.4%AddedHistory
First Trust Rising Dividend Achievers ETF33738R506ETF199,667$12.5M0.6%−4,971−2.4%Reduced–
State Street Communication Services Select Sector SPDR ETF81369Y852ETF114,743$12.5M0.6%+10,163+9.7%Added–
Capital Group Dividend Value14020W106SHS CREAT UNIT307,246$12.1M0.6%+172,542+128.1%Added–
State Street Utilities Select Sector SPDR ETF81369Y886ETF147,172$12.0M0.6%+3,761+2.6%Added–
Dimensional ETF Trust25434V401US EQUI MARK ETF174,936$11.7M0.6%+11,772+7.2%Added–
Invesco Exch Traded FD Tr II46138E354S&P500 LOW VOL157,849$11.5M0.5%+11,510+7.9%Added–
VVisa Inc.Stock31,749$11.3M0.5%+5,598+21.4%AddedHistory
SPDR Series Trust78464A664ST LON TREAS ETF417,537$11.1M0.5%+63,466+17.9%Added–
Janus Detroit STR Tr47103U845HENDRSON AAA CL197,855$10.0M0.5%+155,824+370.7%Added–
Invesco Exch Traded FD Tr II46138E230S&P INTL LOW289,170$9.58M0.5%+46,227+19.0%Added–
AJGArthur J. Gallagher & Co.COM29,265$9.37M0.4%+3,512+13.6%AddedHistory
KLACKLA CorpCOM NEW10,141$9.08M0.4%+1,751+20.9%AddedHistory
Goldman Sachs ETF Tr381430503ACTIVEBETA US LG75,040$9.04M0.4%+9,193+14.0%Added–
SPDR Series Trust78464A672ST INTER ETF313,152$9.01M0.4%+54,816+21.2%Added–
iShares Tr46436E7180-3 MTH TREASURY89,207$8.98M0.4%+70,226+370.0%Added–
iShares Core High Dividend ETF46429B663ETF75,852$8.89M0.4%+12,969+20.6%Added–
First Tr Exchange-Traded FD33733E104CAP STRENGTH ETF92,476$8.41M0.4%−20,182−17.9%Reduced–
State Street Technology Select Sector SPDR ETF81369Y803ETF32,728$8.29M0.4%+4,121+14.4%Added–
Alps ETF Tr00162Q452ALERIAN MLP168,204$8.22M0.4%+327+0.2%Added–
SPDR Series Trust78468R101ST SHO TREAS ETF279,612$8.19M0.4%+31,130+12.5%Added–
Invesco Actively Managed Exc46090A804TOTAL RETURN170,237$7.98M0.4%+9,041+5.6%Added–
Dimensional U.S. Core Equity 2 ETF25434V708ETF222,441$7.97M0.4%+11,196+5.3%Added–
State Street SPDR Portfolio Long Term Corporate Bond ETF78464A367ETF348,930$7.88M0.4%+27,127+8.4%Added–
ACNAccenture plcStock26,281$7.86M0.4%+5,276+25.1%AddedHistory
HDHome Depot, Inc.Stock20,523$7.52M0.4%+2,951+16.8%AddedHistory
GEGeneral Electric CoStock26,393$7.43M0.4%+20,636+358.5%AddedHistory
Vanguard Mortgage-Backed Securities ETF92206C771ETF159,170$7.38M0.3%+23,047+16.9%Added–
First Tr Exchng Traded FD VI33740F888SMIT UNCO BD ETF288,901$7.19M0.3%+18,009+6.6%Added–
GLDMWorld Gold TrustSPDR GLD MINIS108,805$7.13M0.3%−2,954−2.6%ReducedHistory
SYKStryker CorpStock17,777$7.03M0.3%+2,936+19.8%AddedHistory
DHRDanaher CorpStock35,488$7.01M0.3%+5,774+19.4%AddedHistory
EMEEMCOR Group, Inc.Stock12,785$6.84M0.3%+2,791+27.9%AddedHistory
CATCaterpillar IncStock17,389$6.75M0.3%+2,262+15.0%AddedHistory
iShares Tr46435G417CR 5 10 YR ETF154,342$6.73M0.3%−235−0.2%Reduced–
METAMeta Platforms, Inc.Stock9,051$6.68M0.3%+1,279+16.5%AddedHistory
ANSSAnsys IncCOM18,732$6.58M0.3%+2,920+18.5%AddedHistory
CVXChevron CorpStock45,796$6.56M0.3%+4,494+10.9%AddedHistory
UNPUnion Pacific CorpStock28,073$6.46M0.3%+5,597+24.9%AddedHistory
Vanguard Consumer Discretionary ETF92204A108ETF17,803$6.45M0.3%+2,659+17.6%Added–
VanEck Semiconductor ETF92189F676ETF23,038$6.42M0.3%−4,089−15.1%Reduced–
GOOGLAlphabet Inc.Stock35,866$6.32M0.3%+3,205+9.8%AddedHistory
Dimensional ETF Trust25434V872CORE FIXE IN ETF148,369$6.27M0.3%+1,056+0.7%Added–
State Street SPDR Portfolio S&P 500 Growth ETF78464A409ETF65,525$6.25M0.3%+50,736+343.1%Added–
FDSFactset Research Systems IncStock192,000$6.23M0.3%+187,545+4,209.8%AddedHistory
IDXXIDEXX Laboratories IncCOM11,571$6.21M0.3%+1,196+11.5%AddedHistory
SPGIS&P Global Inc.Stock11,489$6.06M0.3%+1,646+16.7%AddedHistory
CACICACI International IncCL A18,239$6.05M0.3%+15,741+630.1%AddedHistory
JNJJohnson & JohnsonStock39,351$6.01M0.3%+3,777+10.6%AddedHistory
AMGNAmgen IncStock21,475$6.00M0.3%+3,918+22.3%AddedHistory
ADPAutomatic Data Processing IncStock18,929$5.84M0.3%+3,313+21.2%AddedHistory
AMEAmetek IncCOM32,187$5.82M0.3%+6,261+24.1%AddedHistory
PAYXPaychex IncStock39,298$5.72M0.3%+5,572+16.5%AddedHistory
APHAmphenol CorpCL A57,837$5.71M0.3%+3,052+5.6%AddedHistory
BlackRock ETF Trust09290C103ISHARES US EQUIT104,200$5.67M0.3%+1,894+1.9%Added–
CSLCarlisle Companies IncCOM14,875$5.55M0.3%+2,817+23.4%AddedHistory
ABBVAbbVie Inc.Stock29,403$5.46M0.3%+3,062+11.6%AddedHistory
CHDChurch & Dwight Co IncCOM54,233$5.21M0.2%+10,053+22.8%AddedHistory
HUBBHubbell IncCOM12,723$5.20M0.2%+2,588+25.5%AddedHistory
WCNWaste Connections, Inc.COM27,619$5.16M0.2%+3,352+13.8%AddedHistory
SNPSSynopsys IncCOM12,274$5.07M0.2%+4,338+54.7%AddedHistory
John Hancock Exchange Traded47804J206MULTIFACTOR MI82,217$5.03M0.2%+8,102+10.9%Added–
HEIHeico CorpCOM15,051$4.94M0.2%+2,723+22.1%AddedHistory
BWXTBWX Technologies, Inc.COM34,133$4.92M0.2%+6,986+25.7%AddedHistory
iShares U.S. Treasury Bond ETF46429B267ETF212,632$4.89M0.2%+143,066+205.7%Added–
ISRGIntuitive Surgical IncCOM NEW8,982$4.88M0.2%+1,312+17.1%AddedHistory
Invesco Exchange Traded FD T46137V530NASDAQ INTERNT93,473$4.88M0.2%+16,630+21.6%Added–
Bondbloxx ETF Trust09789C812BLOOMBERG TEN YR105,666$4.88M0.2%+52,782+99.8%Added–
TSLATesla, Inc.Stock15,280$4.85M0.2%+4,275+38.8%AddedHistory
HONHoneywell International IncCOM20,716$4.82M0.2%+2,545+14.0%AddedHistory
LRCXLam Research CorpStock49,477$4.82M0.2%+8,168+19.8%AddedHistory
Invesco Exch TRD SLF Idx FD46138J742RAFI STRATGIC US92,919$4.79M0.2%+7,091+8.3%Added–
ADIAnalog Devices IncStock20,020$4.77M0.2%+3,499+21.2%AddedHistory
PIMCO ETF Tr72201R585MULTISECTOR BD179,310$4.76M0.2%+54,549+43.7%Added–
ORLYO Reilly Automotive IncStock51,869$4.67M0.2%+12,584+32.0%AddedConverted for a 15-for-1 splitHistory
Vanguard Information Technology ETF92204A702ETF7,024$4.66M0.2%+740+11.8%Added–

Sold out since Q1 2025 (168)

Positions held at the end of Q1 2025 that are gone from this filing.

The largest 100 of 168 by value last quarter.

Positions of PFG Advisors sold out since Q1 2025
SecurityClassShares in Q1 2025Value in Q1 2025% of portfolio in Q1 2025History
Vanguard Morningstar Growth ETF922908736ETF102,522$38.0M2.1%–
MSFTMicrosoft CorpStock91,515$34.4M1.9%History
Vanguard Morningstar Total Stock Market ETF922908769ETF122,375$33.6M1.9%–
Vanguard Dividend Appreciation ETF921908844ETF119,596$23.2M1.3%–
Schwab US Dividend Equity ETF808524797ETF712,370$19.9M1.1%–
Vanguard High Dividend Yield Index ETF921946406ETF131,089$16.9M0.9%–
Vanguard Total Bond Market ETF921937835ETF222,572$16.3M0.9%–
Fidelity Merrimack STR Tr316188309TOTAL BD ETF347,124$15.8M0.9%–
Vanguard Morningstar Value ETF922908744ETF88,318$15.3M0.9%–
iShares Tr4642874407-10 YR TRSY BD146,223$13.9M0.8%–
Fidelity MSCI Information Technology Index ETF316092808ETF86,411$13.9M0.8%–
iShares Core S&P 500 ETF464287200ETF23,759$13.4M0.7%–
Vanguard Ftse Emerging Markets ETF922042858ETF294,027$13.3M0.7%–
Vanguard Star FDS921909768VG TL INTL STK F186,993$11.6M0.6%–
iShares Core U.S. Aggregate Bond ETF464287226ETF116,159$11.5M0.6%–
iShares Tr464288257MSCI ACWI ETF86,812$10.1M0.6%–
Vanguard Mun BD FDS922907746TAX EXEMPT BD194,957$9.67M0.5%–
iShares Tr464288646ISHS 1-5YR INVS161,213$8.44M0.5%–
Vanguard BD Index FDS921937793LONG TERM BOND109,662$7.72M0.4%–
Schwab U.S. Large-Cap Growth ETF808524300ETF302,351$7.57M0.4%–
iShares S&P 500 Growth ETF464287309ETF61,580$5.72M0.3%–
Vanguard Ftse All-World Ex-US Index Fund922042775ETF91,978$5.58M0.3%–
Schwab U.S. Broad Market ETF808524102ETF255,879$5.51M0.3%–
Schwab U.S. Large-Cap ETF808524201ETF244,139$5.39M0.3%–
iShares Russell 2000 ETF464287655ETF24,289$4.85M0.3%–
iShares Core S&P Mid-Cap ETF464287507ETF81,122$4.73M0.3%–
Vanguard Intermediate-Term Bond ETF921937819ETF58,528$4.48M0.3%–
Vanguard Morningstar Small-Cap Value ETF922908611ETF23,555$4.39M0.2%–
GDGeneral Dynamics CorpStock15,903$4.33M0.2%History
iShares Semiconductor ETF464287523ETF22,464$4.23M0.2%–
iShares Tr464288877EAFE VALUE ETF71,304$4.20M0.2%–
Vanguard Calif Tax Free FDS922021605TAX EXEMPT BD FD39,657$3.90M0.2%–
iShares S&P 500 Value ETF464287408ETF20,260$3.86M0.2%–
FSKFS KKR Capital CorpCOM183,076$3.84M0.2%History
iShares Tr464287150CORE S&P TTL STK27,586$3.37M0.2%–
CDNSCadence Design Systems IncStock13,066$3.32M0.2%History
Vanguard Whitehall FDS921946810INTL DVD ETF39,248$3.26M0.2%–
Vanguard Morningstar Small-Cap ETF922908751ETF14,259$3.16M0.2%–
iShares Tr464288307MRGSTR MD CP GRW41,391$2.96M0.2%–
iShares Tr4642886613 7 YR TREAS BD25,025$2.96M0.2%–
Vanguard Ftse Developed Markets ETF921943858ETF56,894$2.89M0.2%–
Vanguard Morningstar Mid-Cap ETF922908629ETF10,756$2.78M0.2%–
iShares Tr464288885EAFE GRWTH ETF27,511$2.75M0.2%–
Vanguard Index FDS922908652EXTEND MKT ETF15,007$2.59M0.1%–
Fidelity Covington Trust316092782VLU FACTOR ETF42,753$2.55M0.1%–
iShares Russell 1000 Growth ETF464287614ETF6,976$2.52M0.1%–
Vanguard Morningstar Mid-Cap Growth ETF922908538ETF9,649$2.36M0.1%–
Vanguard Admiral FDS Inc921932794SMLCP 600 GRTH21,452$2.29M0.1%–
Vanguard Admiral FDS Inc921932828SMLLCP 600 IDX22,800$2.20M0.1%–
Fidelity High Dividend ETF316092840ETF43,778$2.17M0.1%–
iShares Inc464286525MSCI GBL MIN VOL18,471$2.15M0.1%–
iShares Tips Bond ETF464287176ETF19,330$2.15M0.1%–
iShares Core S&P U.S. Growth ETF464287671ETF16,820$2.14M0.1%–
Schwab Fundamental U.S. Large Company ETF808524771ETF90,079$2.13M0.1%–
iShares Tr46428743220 YR TR BD ETF22,422$2.04M0.1%–
iShares Tr464288570ESG MSCI KLD ETF18,944$1.94M0.1%–
JPCNuveen Preferred & Income Opportunities FundCOM225,212$1.79M0.1%History
iShares S&P Mid-Cap 400 Growth ETF464287606ETF21,371$1.78M0.1%–
Schwab U.S. Mid-Cap ETF808524508ETF67,081$1.76M0.1%–
Vanguard Malvern FDS922020805STRM INFPROIDX35,143$1.75M0.1%–
iShares Core S&P US Value ETF464287663ETF18,915$1.75M0.1%–
Vanguard Short-Term Bond ETF921937827ETF21,574$1.69M0.1%–
iShares Tr464288786U.S. INSRNCE ETF11,783$1.62M0.1%–
iShares Core S&P Small Cap ETF464287804ETF15,140$1.58M0.1%–
Vanguard World FD921910840MEGA CAP VAL ETF12,102$1.56M0.1%–
Vanguard Emerging Markets Government Bond ETF921946885ETF22,504$1.44M0.1%–
RSReliance, Inc.COM4,728$1.37M0.1%History
Schwab U.S. Small-Cap ETF808524607ETF56,878$1.33M0.1%–
iShares Select Dividend ETF464287168ETF9,555$1.28M0.1%–
iShares Russell 1000 Value ETF464287598ETF6,722$1.26M0.1%–
ODFLOld Dominion Freight Line, Inc.COM7,502$1.24M0.1%History
iShares Tr464288414NATIONAL MUN ETF11,123$1.17M0.1%–
State Street SPDR S&P Biotech ETF78464A870ETF14,382$1.17M0.1%–
iShares Tr464288752US HOME CONS ETF12,232$1.16M0.1%–
iShares Tr46428865310-20 YR TRS ETF11,123$1.15M0.1%–
Vanguard Energy ETF92204A306ETF8,513$1.10M0.1%–
iShares Tr464288760US AER DEF ETF7,178$1.10M0.1%–
Schwab Fundamental International Small Equity ETF808524748ETF29,658$1.07M0.1%–
iShares Tr464288687PFD AND INCM SEC33,912$1.04M0.1%–
Vanguard Morningstar Small-Cap Growth ETF922908595ETF4,084$1.03M0.1%–
Vanguard Admiral FDS Inc921932844MIDCP 400 VAL11,163$1.03M0.1%–
Vanguard World FD921910816MEGA GRWTH IND3,249$1.00M0.1%–
Fidelity MSCI Financials Index ETF316092501ETF14,395$1.00M0.1%–
iShares Tr4642874571 3 YR TREAS BD12,039$996.0K0.1%–
Vanguard World FD921910733ESG US STK ETF9,480$928.6K0.1%–
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF8,472$920.8K0.1%–
CICigna GroupStock2,750$904.7K0.1%History
First Trust Nasdaq-100 Technology Sector Index Fund337345102ETF4,808$834.6K<0.1%–
Vanguard Total World Stock ETF922042742ETF6,886$798.5K<0.1%–
Vanguard World FD921910873MEGA CAP INDEX3,913$788.0K<0.1%–
Vanguard Wellington FD921935508US MOMENTUM4,960$752.5K<0.1%–
Fidelity MSCI Utilities Index ETF316092865ETF14,519$739.8K<0.1%–
iShares Inc464286681MSCI EQUAL WEITE7,898$739.1K<0.1%–
DBX ETF Tr233051432XTRACK USD HIGH20,164$728.9K<0.1%–
iShares Tr464288513IBOXX HI YD ETF8,637$681.4K<0.1%–
Vanguard Admiral FDS Inc921932869MIDCP 400 GRTH5,723$590.4K<0.1%–
Vanguard World FD921910709EXTENDED DUR8,136$578.5K<0.1%–
iShares Tr464287234MSCI EMG MKT ETF12,928$564.9K<0.1%–
DBX ETF Tr233051630XTRACK MSCI EAFE20,782$564.0K<0.1%–
iShares MSCI Acwi Ex U.S. ETF464288240ETF10,172$564.0K<0.1%–