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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
GBIOGeneration Bio Co.COM15,000$4.80K<0.1%00.0%UnchangedHistory
CIGEnergy Co of Minas GeraisSP ADR N-V PFD13,707$26.9K<0.1%00.0%UnchangedHistory
NNOXNano-X Imaging Ltd.ORD SHS10,800$55.8K<0.1%−1,982−15.5%ReducedHistory
AGNCAGNC Investment Corp.REIT10,565$97.1K<0.1%+10,565NewHistory
BBDCBarings BDC, Inc.COM12,528$114.5K<0.1%+12,528NewHistory
LYGLloyds Banking Group plcSPONSORED ADR27,704$117.7K<0.1%+14,443+108.9%AddedHistory
QBTSD-Wave Quantum Inc.Stock11,073$162.1K<0.1%+11,073NewHistory
MUEBlackRock Muniholdings Quality Fund II, Inc.COM17,188$164.7K<0.1%+17,188NewHistory
SOUNSoundhound AI, Inc.CLASS A COM18,103$194.2K<0.1%+5,051+38.7%AddedHistory
Global X FDS37954Y483NASDAQ 100 COVER11,971$200.1K<0.1%+11,971New–
Capital Group Global Equity14020R107SHS6,904$201.5K<0.1%+6,904New–
iShares Tr46435U853BROAD USD HIGH5,395$202.4K<0.1%+5,395New–
PSAPublic StorageCOM691$202.6K<0.1%−764−52.5%ReducedHistory
Aim ETF Products Trust00888H109ALLIANZIM US EQ5,173$203.1K<0.1%+5,173New–
iShares Tr46435U713US INFRASTRUC4,132$203.2K<0.1%−1,462−26.1%Reduced–
WECWec Energy Group, Inc.Stock1,952$203.4K<0.1%+1,952NewHistory
TCBKTrico BancsharesCOM5,034$203.8K<0.1%+5,034NewHistory
NUENucor CorpCOM1,577$204.3K<0.1%+1,577NewHistory
CARRCarrier Global CorpStock2,817$206.2K<0.1%+2,817NewHistory
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833ETF2,058$206.9K<0.1%+2,058New–
Flexshares Tr33939L407MORNSTAR UPSTR5,161$207.0K<0.1%+5,161New–
VRTXVertex Pharmaceuticals IncStock466$207.5K<0.1%+466NewHistory
ABNBAirbnb, Inc.Stock1,571$207.9K<0.1%+1,571NewHistory
Innovator ETFs Trust45782C722INTRNL DEV JULY6,517$208.2K<0.1%+6,517New–
Global X FDS37954Y293GLB X MLP ENRG I3,324$208.3K<0.1%+32+1.0%Added–
HSYHershey CoCOM1,255$208.3K<0.1%−289−18.7%ReducedHistory
FASTFastenal CoStock4,973$208.9K<0.1%+4,973NewHistory
ARK Blockchain & Fintech Innovation ETF00214Q708ETF4,176$209.8K<0.1%+4,176New–
Franklin Templeton ETF Tr35473P868FRANKLIN DYN MUN8,652$209.9K<0.1%+86+1.0%Added–
CRCrane CoCOMMON STOCK1,114$211.5K<0.1%+1,114NewHistory
Innovator ETFs Trust45782C698US EQUT BUFR AUG4,636$213.3K<0.1%−1,318−22.1%Reduced–
RRCRange Resources CorpCOM5,251$213.6K<0.1%+5,251NewHistory
Vanguard Materials ETF92204A801ETF1,098$214.0K<0.1%+1,098New–
GMGeneral Motors CoCOM4,353$214.2K<0.1%+4,353NewHistory
iShares Tr46434V860TRS FLT RT BD4,236$214.6K<0.1%+4,236New–
NEANuveen AMT-Free Quality Municipal Income FundCOM19,650$214.6K<0.1%+2,350+13.6%AddedHistory
RFRegions Financial CorpCOM9,126$214.6K<0.1%+9,126NewHistory
Franklin Templeton ETF Tr35473P439INCOME FOCUS ETF8,034$217.3K<0.1%+8,034New–
PIMCO ETF Tr72201R866INTER MUN BD ACT4,242$217.9K<0.1%+4,242New–
AAgilent Technologies, Inc.COM1,850$218.3K<0.1%−186−9.1%ReducedHistory
Innovator ETFs Trust45782C789US EQTY BUFR JUL4,658$219.5K<0.1%−1,615−25.7%Reduced–
CMECME Group Inc.COM804$221.6K<0.1%+804NewHistory
RIVNRivian Automotive, Inc.Stock16,312$224.1K<0.1%+678+4.3%AddedHistory
First Tr Exchange Traded FD33734X143HLTH CARE ALPH2,168$224.7K<0.1%−1,164−34.9%Reduced–
OKEONEOK IncCOM2,754$224.8K<0.1%−3,675−57.2%ReducedHistory
Innovator ETFs Trust45782C359EMRGNG MKT APRIL8,041$225.0K<0.1%+8,041New–
First Tr Exchng Traded FD VI33740U505FT VEST UQ EQT4,869$227.2K<0.1%+4,869New–
HPQHP IncStock9,351$228.7K<0.1%−1,369−12.8%ReducedHistory
Aim ETF Products Trust00888H729ALLIANZIM US EQT7,049$231.5K<0.1%00.0%Unchanged–
BLNDBlend Labs, Inc.CL A70,141$231.5K<0.1%−600−0.8%ReducedHistory
ProShares Tr74348A467S&P 500 DV ARIST2,302$231.8K<0.1%−1,671−42.1%Reduced–
Innovator ETFs Trust45782C870US EQT PWR BUF6,229$232.3K<0.1%−205−3.2%Reduced–
Nushares ETF Tr67092P409NUVEEN ESG MIDCP4,796$232.3K<0.1%−81−1.7%Reduced–
SOSouthern CoStock2,549$234.0K<0.1%+2,549NewHistory
iShares Core MSCI Europe ETF46434V738ETF3,539$234.3K<0.1%+3,539New–
TTDTrade Desk, Inc.Stock3,256$234.4K<0.1%+3,256NewHistory
First Tr Exchng Traded FD VI33740F474FT VEST US EQT6,130$234.7K<0.1%+430+7.5%Added–
METMetlife IncStock2,936$236.1K<0.1%+2,936NewHistory
ENBEnbridge IncStock5,256$238.2K<0.1%+5,256NewHistory
WMKWeis Markets IncCOM3,302$239.4K<0.1%+66+2.0%AddedHistory
MDLZMondelez International, Inc.Stock3,553$239.6K<0.1%+3,553NewHistory
EXCExelon CorpStock5,521$239.7K<0.1%+5,521NewHistory
WTFCWintrust Financial CorpCOM1,940$240.5K<0.1%+1,940NewHistory
Pacer FDS Tr69374H725LUNT MDCAP MLT5,500$241.0K<0.1%+5,500New–
HRLHormel Foods CorpCOM8,035$243.1K<0.1%−66−0.8%ReducedHistory
VanEck ETF Trust92189F437FALLEN ANGEL HG8,323$243.7K<0.1%−8,322−50.0%Reduced–
SPDR Series Trust78468R721STATE STREET SPD5,460$243.9K<0.1%−152−2.7%Reduced–
DBPInvesco DB Precious Metals FundPRECIOUS METAL3,252$244.3K<0.1%+190+6.2%AddedHistory
XELXcel Energy IncStock3,592$244.6K<0.1%+85+2.4%AddedHistory
State Street Real Estate Select Sector SPDR ETF81369Y860ETF5,931$245.7K<0.1%+508+9.4%Added–
OUNZVanEck Merk Gold ETFGOLD SHS7,717$246.1K<0.1%+7,717NewHistory
iShares Inc46434G863ESG AWR MSCI EM6,297$246.7K<0.1%+6,297New–
First Trust Nasdaq Clean Edge Green Energy Index Fund33733E500ETF7,643$249.8K<0.1%+384+5.3%Added–
CHWYChewy, Inc.CL A5,900$251.5K<0.1%+5,900NewHistory
Innovator ETFs Trust45782C417US EQTY PWR BUF6,617$251.5K<0.1%−116−1.7%Reduced–
MSIMotorola Solutions, Inc.Stock602$253.2K<0.1%−77−11.3%ReducedHistory
Pacer FDS Tr69374H667US CHS CWS GWT5,151$253.7K<0.1%00.0%Unchanged–
ECLEcolab Inc.Stock956$257.6K<0.1%+50+5.5%AddedHistory
Profesionally Managed Portfo74316P645CONG SMID GR ETF8,283$258.3K<0.1%+8,283New–
TMOThermo Fisher Scientific Inc.Stock641$260.0K<0.1%+641NewHistory
SAPSAP SEADR867$263.7K<0.1%+867NewHistory
Global X FDS37954Y632ARTIFICIAL ETF6,054$264.5K<0.1%−246−3.9%Reduced–
Innovator ETFs Trust45783Y251EQUITY DEFINED P9,403$265.0K<0.1%00.0%Unchanged–
VLOValero Energy CorpStock1,979$266.0K<0.1%+1,979NewHistory
Listed FDS Tr53656G498ROUN MA SEVE ETF4,804$266.5K<0.1%+4,804New–
J P Morgan Exchange Traded F46641Q886DIVERSFED RTRN2,576$267.1K<0.1%−139−5.1%Reduced–
KMIKinder Morgan, Inc.Stock9,154$269.1K<0.1%+9,154NewHistory
FCXFreeport-McMoran IncStock6,211$269.3K<0.1%+554+9.8%AddedHistory
Innovator ETFs Trust45782C474US SML CP PWR B7,186$269.3K<0.1%−4,561−38.8%Reduced–
Innovator ETFs Trust45782C615GRWT100 PWR BUF4,997$272.3K<0.1%−878−14.9%Reduced–
SPDR Series Trust78468R622ST BLOO HIGH ETF2,806$272.9K<0.1%+2,806New–
WMBWilliams Companies, Inc.COM4,354$273.5K<0.1%+4,354NewHistory
KKRKKR & Co. Inc.COM2,087$277.6K<0.1%+16+0.8%AddedHistory
CHKPCheck Point Software Technologies LtdORD1,259$278.6K<0.1%+1,259NewHistory
First Tr Exchange-Traded FD33733E203NY ARCA BIOTECH1,741$280.9K<0.1%−953−35.4%Reduced–
First Tr Exch TRD Alphdx FD33737J158JAPAN ALPHADEX4,710$281.3K<0.1%−2,592−35.5%Reduced–
Dimensional U.S. Targeted Value ETF25434V609ETF5,236$282.5K<0.1%+75+1.5%Added–
Aim ETF Products Trust00888H844US LRG CAP BUF208,780$282.9K<0.1%−319−3.5%Reduced–
Global X FDS37954Y350X EMERGING MKT12,132$282.9K<0.1%+415+3.5%Added–
Nushares ETF Tr67092P607NUVEEN ESG SMLCP6,976$284.2K<0.1%−222−3.1%Reduced–

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%–