13F COMBINATION REPORT

FSA Advisors, Inc.

Quarter ended Q2 2025 · Filed August 1, 2025 · Accession 0001905627-25-000001

Total Value

$123.0M

Positions

177

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (177)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	NEOS ENHANCED INC 1 3 MN TBLL ETF	78433H501	70,165	$3.5M	2.84%
2	SIMPLIFY EXCHANGE TRADED FUN VOLATILITY PREM	82889N863	183,457	$3.4M	2.74%
3	SIMPLIFY EXCHANGE TRADED FUN MANAGED FUTURES	82889N699	116,645	$3.1M	2.54%
4	NVIDIA CORP	NVDA	17,433	$2.8M	2.24%
5	SIMPLIFY EXCHANGE TRADED FUN TREASURY OPT INC	82889N640	104,307	$2.5M	2.00%
6	BLACKROCK MUNIY MICHIGAN	BLK	218,413	$2.4M	1.96%
7	AIM ETF PRODUCTS TRUST US LRGCP B20 JAN	00888H802	62,588	$2.2M	1.78%
8	SIMPLIFY EXCHANGE TRADED FUN ENHANCED INM ETF	82889N632	88,640	$2.1M	1.75%
9	INNOVATOR US EQUITY POWER BUFFER ETF	INHD	47,396	$2.1M	1.70%
10	INNOVATOR US EQUITY BUFFER ETF	INHD	39,806	$2.0M	1.63%
11	AIM ETF PRODUCTS TRUST US LRGCP B20 DEC	00888H794	59,245	$1.9M	1.52%
12	INNOVATOR US EQUITY BUFFER ETF	INHD	39,212	$1.8M	1.50%
13	MICROSOFT CORP COM	MSFT	3,616	$1.8M	1.46%
14	APPLE INC COM	AAPL	8,741	$1.8M	1.46%
15	NEOS S AND P 500 HIGH INCOME ETF	78433H303	35,442	$1.8M	1.45%
16	INNOVATOR US EQY BUFFER ETF	INHD	38,116	$1.7M	1.41%
17	INNOVATOR US EQUITY BUFFER ETF	INHD	35,583	$1.6M	1.29%
18	INNOVATOR US EQY BUFFER ETF	INHD	32,972	$1.5M	1.21%
19	INNOVATOR US EQUITY POWER BUFFER ETF	INHD	38,991	$1.5M	1.20%
20	SPDR S&P 500 ETF	SPY	2,398	$1.5M	1.20%
21	CAPITOL SER TR STERLING CAP ENH	14064D444	57,632	$1.5M	1.18%
22	FIRST TR EXCHNG TRADED FD VI FT VEST US EQT	33740U679	40,828	$1.4M	1.17%
23	NETFLIX INC	NFLX	991	$1.3M	1.08%
24	INNOVATOR US EQUITY POWER BUFFER ETF	INHD	31,147	$1.3M	1.02%
25	VANGUARD TOTAL INTERNATIONAL BOND ET	92203J407	25,177	$1.2M	1.01%
26	INNOVATOR US EQUITY BUFFER ETF	INHD	26,639	$1.2M	1.00%
27	VANGUARD INDEX FDS S&P 500 ETF SHS	922908363	2,156	$1.2M	1.00%
28	INNOVATOR US EQY POWER BUFFER ETF	INHD	30,454	$1.2M	0.99%
29	NEOS NASDAQ 100 HIGH INCOME ETF	78433H675	23,193	$1.2M	0.98%
30	AIM ETF PRODUCTS TRUST US LRGCP B10 JAN	00888H703	31,633	$1.2M	0.97%
31	AIM ETF PRODUCTS TRUST US LRGCP B10 OCT	00888H604	29,705	$1.2M	0.97%
32	INNOVATOR US EQY BUFFER ETF	INHD	26,382	$1.2M	0.97%
33	INNOVATOR US EQUITY POWER BUFFER ETF	INHD	25,330	$1.1M	0.90%
34	AIM ETF PRODUCTS TRUST ALLIANZIM U S LA	00888H646	40,239	$1.1M	0.90%
35	SPDR PORTFOLIO S&P 500 ETF	78464A854	15,087	$1.1M	0.89%
36	INNOVATOR US SMALL CAP PWR BFFR ETF	INHD	28,983	$1.1M	0.88%
37	INNOVATOR US EQY POWER BUFFER ETF	INHD	26,330	$1.1M	0.88%
38	FT VEST LADDERED BUFFER ETF	33740F755	33,454	$1.1M	0.86%
39	PIMCO ETF TR ULTRA SHORT GOVT	72201R577	10,138	$1.0M	0.83%
40	ELEVATION SERIES TRUST TRUESHARES QUART	210322509	41,239	$1.0M	0.83%
41	INNOVATOR US EQUITY POWER BUFFER ETF	INHD	27,267	$1.0M	0.83%
42	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT	921943858	17,787	$1.0M	0.82%
43	INNOVATOR US EQY POWER BUFFER ETF	INHD	24,514	$1.0M	0.82%
44	INNOVATOR EQUITY DEFIND PROTECTN ETF	INHD	39,144	$960,593	0.78%
45	INNOVATOR US EQUITY POWER BUFFER ETF	INHD	22,317	$942,446	0.77%
46	AIM ETF PRODUCTS TRUST US LRGCP B20 OCT	00888H505	25,030	$926,360	0.75%
47	AIM ETF PRODUCTS TRUST US LRGCP B10 DEC	00888H836	27,360	$913,550	0.74%
48	INNOVATOR US EQUITY BUFFER ETF	INHD	18,226	$893,811	0.73%
49	JPMORGAN CHASE & CO	VYLD	2,984	$865,174	0.70%
50	INNOVATOR GROW 100 POWER BUFFER ETF	INHD	12,668	$862,183	0.70%
51	INNOVATOR GROW 100 POWER BUFFER ETF	INHD	16,205	$822,403	0.67%
52	FT VEST LADDERED DEEP BUFFER ETF	33740U703	29,829	$792,258	0.64%
53	INNOVATOR GROW 100 POWER BUFFER ETF	INHD	15,379	$784,482	0.64%
54	INNOVATOR US EQUITY BUFFER ETF	INHD	17,036	$769,819	0.63%
55	META PLATFORMS INC CLASS A	META	1,023	$755,084	0.61%
56	MARRIOTT INTL INC NEW CL A	571903202	2,758	$753,513	0.61%
57	SCHWAB STRATEGIC TR US LCAP GR ETF	808524300	25,635	$748,783	0.61%
58	AMAZON COM INC COM	AMZN	3,399	$745,775	0.61%
59	VERTIV HLDGS CO CLASS A	VRT	5,713	$733,676	0.60%
60	ISHARES TR RUS TP200 GR ETF	464289438	2,967	$731,410	0.59%
61	INNOVATOR US EQY POWER BUFFER ETF	INHD	17,500	$691,599	0.56%
62	DT MIDSTREAM INC	DTM	6,062	$666,424	0.54%
63	ORACLE CORP	ORCL-PD	2,953	$645,617	0.52%
64	INNOVATOR US EQY BUFFER ETF	INHD	15,524	$640,430	0.52%
65	VANGUARD MUN BD FDS TAX EXEMPT BD	922907746	12,576	$616,601	0.50%
66	INNOVATOR US SMALL CAP PWR BFFR ETF	INHD	17,811	$576,819	0.47%
67	WISDOMTREE TR US QTLY DIV GRT	WT	6,815	$570,661	0.46%
68	VANGUARD CONSUMER DISCRETIONARY ETF	92204A108	1,574	$570,291	0.46%
69	AT&T INC	T-PC	19,418	$561,973	0.46%
70	ELEVATION SERIES TRUST TRUESHARES SEASO	210322608	21,346	$539,373	0.44%
71	VANGUARD BD INDEX FDS TOTAL BND MRKT	921937835	7,295	$537,163	0.44%
72	ARES CAP CORP EQUITY CLASS EQUITY	ARCC	24,369	$535,143	0.44%
73	VISTRA CORP	VST	2,756	$534,146	0.43%
74	NUVEEN AMT FREE MNCPL CR	NU	42,644	$508,742	0.41%
75	VANGUARD INFORMATION TECHNOLOGY ETF	92204A702	751	$498,147	0.41%
76	PIMCO ACTIVE BOND ETF	72201R775	5,392	$497,034	0.40%
77	CATERPILLAR INC COM	CAT	1,280	$496,962	0.40%
78	LISTED FDS TR TRUESHARES STRUC	53656F714	12,472	$496,939	0.40%
79	DTE ENERGY CO COM	DTK	3,661	$484,989	0.39%
80	ISHARES TR NATIONAL MUN ETF	464288414	4,604	$481,025	0.39%
81	INNOVATOR US EQUITY POWER BUFFER ETF	INHD	12,067	$479,783	0.39%
82	EATON VANCE SHORT DUR DV	ETN	43,093	$475,315	0.39%
83	ISHARES CORE MSCI EMERGING ETF	46434G103	7,827	$469,914	0.38%
84	VANGUARD MORTGAGE BACKED SEC ETF	92206C771	9,849	$456,444	0.37%
85	ALPHABET INC CLASS A	GOOG	2,575	$453,843	0.37%
86	ISHARES TR RUS TP200 VL ETF	464289420	5,331	$448,859	0.36%
87	VANGUARD INDEX FDS TOTAL STK MKT	922908769	1,465	$445,262	0.36%
88	INNOVATOR EQUITY DFND PRTN ETF	INHD	16,868	$436,628	0.35%
89	INNOVATOR US EQUITY POWER BUFFER ETF	INHD	11,546	$436,302	0.35%
90	ELEVATION SERIES TRUST TRUSHARES BULL	210322400	16,799	$427,356	0.35%
91	VANGUARD UTILITIES ETF	92204A876	2,351	$415,105	0.34%
92	SSGA ACTIVE TR SPDR SSGA US SCT	78470P408	7,511	$412,481	0.34%
93	KINDER MORGAN INC DEL	EP-PC	13,686	$402,381	0.33%
94	ELI LILLY & CO COM	LLY	506	$394,452	0.32%
95	EXXON MOBIL CORP	XOM	3,618	$390,028	0.32%
96	INNOVATOR GROW 100 POWER BUFFER ETF	INHD	7,099	$386,882	0.31%
97	INNOVATOR US EQUITY BUFFER ETF	INHD	8,790	$384,650	0.31%
98	SSGA ACTIVE TR SPDR SSGA FXD	78470P507	14,695	$379,709	0.31%
99	INNOVATOR GROWTH 100 POWER BFFR ETF	INHD	14,457	$373,460	0.30%
100	TESLA INC	TSLA	1,159	$368,167	0.30%
101	ISHARES TR EAFE GRWTH ETF	464288885	3,199	$358,257	0.29%
102	SPDR PORTFOLIO DEVELOPED WORLD EX-US	78463X889	8,783	$355,612	0.29%
103	INNOVATOR EQUITY DFND PROT ETF	INHD	12,615	$355,491	0.29%
104	BROADCOM INC	AVGO	1,285	$354,338	0.29%
105	VANGUARD INDEX FDS GROWTH ETF	922908736	803	$352,041	0.29%
106	DIMENSIONAL U S CORE EQUITY 2 ETF	25434V708	9,784	$350,658	0.29%
107	INNOVATOR US SMALL CAP PWR BFFR ETF	INHD	11,895	$347,274	0.28%
108	INNOVATOR US SMALL CAP PWER BUFR ETF	INHD	13,855	$332,935	0.27%
109	WISDOMTREE TR INTL QULTY DIV	WT	8,197	$324,938	0.26%
110	INNOVATOR US SMALL CAP PWR BFFR ETF	INHD	10,602	$323,361	0.26%
111	SPDR GOLD SHARES ETF	GLD	1,052	$320,647	0.26%
112	COLLABORATIVE INVESTMNT SER MOHR CO NAV ETF	19423L466	11,746	$320,631	0.26%
113	Schwab U.S. Large-Cap Value ETF	808524409	11,481	$317,679	0.26%
114	BERKSHIRE HATHAWAY INC DEL CL B NEW	BRK-A	638	$309,921	0.25%
115	ISHARES CORE MSCI EAFE ETF	46432F842	3,705	$309,309	0.25%
116	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF	922042858	6,214	$307,344	0.25%
117	ISHARES TR EAFE VALUE ETF	464288877	4,818	$305,871	0.25%
118	SPDR NUVEEN ICE HG YD MUN BD ETF	78464A284	12,242	$303,356	0.25%
119	VERIZON COMMUNICATIONS I	VZ	6,895	$298,367	0.24%
120	BROOKSTONE GROWTH STOCK ETF	NTRSO	8,189	$297,096	0.24%
121	SPDR SERIES TRUST PORTFOLIO SHORT	78464A474	9,772	$295,017	0.24%
122	VANECK SEMICONDUCTOR ETF	92189F676	1,037	$289,449	0.24%
123	INNOVATOR EQY DFIND PROTECTN ETF	INHD	11,819	$288,165	0.23%
124	ALTRIA GROUP INC	MO	4,838	$283,660	0.23%
125	INNOVATOR GROWTH 100 PWR BUF ETF	INHD	10,920	$283,374	0.23%
126	GE VERNOVA INC	GEV	531	$280,979	0.23%
127	SIMPLIFY EXCHANGE TRADED FUN SHORT TERM TREA	82889N657	12,723	$280,294	0.23%
128	AIM ETF PRODUCTS TRUST ALLIANZIM U S LA	00888H679	9,461	$280,140	0.23%
129	BP PLC SPONSORED ADR	BPPFF	9,266	$277,331	0.23%
130	EATON CORP PLC F	ETN	773	$275,953	0.22%
131	ISHARES INTERST RATE HDG COR BND ETF	46431W705	2,973	$274,705	0.22%
132	BROOKSTONE VALUE STOCK ETF	NTRSO	8,622	$274,179	0.22%
133	ISHARES TR RUS MDCP VAL ETF	464287473	2,058	$271,958	0.22%
134	WALMART INC COM	WMT	2,762	$270,098	0.22%
135	AIM ETF PRODUCTS TRUST ALLIANZIM US LRG	00888H661	9,216	$269,645	0.22%
136	VANGUARD SHORT TERM TREASURY ETF	92206C102	4,531	$266,308	0.22%
137	NEXTracker INC	NEE-PW	3,827	$265,673	0.22%
138	ISHARES TR CORE MSCI INTL	46435G326	3,483	$264,847	0.22%
139	SPDR INDEX SHARES EMERG MARKT ETF	78463X509	6,179	$264,104	0.21%
140	BROOKSTONE DIVIDEND STOCK ETF	NTRSO	8,460	$261,329	0.21%
141	HOME DEPOT INC COM	HD	702	$257,419	0.21%
142	SCHWAB STRATEGIC TR US LRG CAP ETF	808524201	10,354	$253,058	0.21%
143	WISDOMTREE TR US LARGECAP DIVD	WT	3,058	$251,151	0.20%
144	VANGUARD WHITEHALL FDS HIGH DIV YLD	921946406	1,841	$245,450	0.20%
145	INNOVATOR EQUITY DEFINED PRO ETF	INHD	9,755	$244,362	0.20%
146	ISHARES CORE MSCI TOTL INTL STCK ETF	46432F834	3,157	$244,067	0.20%
147	COMCAST CORP NEW CLASS A	CCZ	6,827	$243,647	0.20%
148	EATON VANCE SHORT DUR MUN INC ETF	MS-PQ	4,807	$240,350	0.20%
149	INNOVATOR BUFFER STP UP STRGY ETF	INHD	6,873	$237,391	0.19%
150	SPEAR ALPHA ETF	53656F383	7,943	$235,112	0.19%
151	ALPHABET INC CLASS C	GOOG	1,320	$234,154	0.19%
152	INNOVATOR EQUITY DEFINED PRO ETF	INHD	8,804	$233,438	0.19%
153	INNOVATOR US EQUITY BUFFER ETF	INHD	5,470	$230,834	0.19%
154	COLLABORATIVE INVESTMNT SER MOHR SECTOR NAV	19423L524	7,112	$229,636	0.19%
155	DIMENSIONAL WLD EX US CR EQ 2 ETF	25434V880	7,759	$227,881	0.19%
156	VANGUARD RUSSELL 1000 GROWTH ETF	92206C680	2,048	$223,666	0.18%
157	VANECK HIGH YIELD MUNI ETF	92189H409	4,431	$222,480	0.18%
158	INNOVATOR GROWTH 100 POWR BUF ETF	INHD	8,022	$221,579	0.18%
159	CISCO SYS INC	CSCO	3,175	$220,306	0.18%
160	INNOVATOR EQUIT DEFND PRTCN ETF	INHD	7,726	$215,643	0.18%
161	ROYAL CARIBBEAN GROU F	V7780T103	687	$215,152	0.17%
162	SPDR SERIES TRUST PORTFLI HIGH YLD	78468R606	8,849	$210,606	0.17%
163	DIMENSIONAL US EQUITY MARKET ETF	25434V401	3,128	$209,638	0.17%
164	RUSSELL 2000 ETF	92206C664	2,398	$209,243	0.17%
165	SPDR PORTFOLIO S P 1500 CMPST ST ETF	78464A805	2,791	$209,017	0.17%
166	ISHARES MSCI USA QLTY FACT ETF	46432F339	1,123	$205,306	0.17%
167	INNOVATOR EQUITY DEFINED PRTN ETF	INHD	7,897	$204,808	0.17%
168	COLLABORATIVE INVESTMNT SER MINDFUL CNSRVTV	19423L615	9,392	$204,088	0.17%
169	WISDOMTREE TR EM EX ST-OWNED	WT	5,892	$203,145	0.17%
170	INNOVATOR EQUITY DFND PRTCN ETF	INHD	7,716	$200,568	0.16%
171	ABBVIE INC	ABBV	1,079	$200,350	0.16%
172	VANGUARD STAR FDS VG TL INTL STK F	921909768	2,897	$200,132	0.16%
173	FORD MTR CO COM	345370860	16,115	$174,847	0.14%
174	SIMPLIFY EXCHANGE TRADED FUN INTMD TERM TRSRY	82889N798	11,000	$148,388	0.12%
175	ROIVANT SCIENCES LTD SHS	ROIV	10,313	$116,228	0.09%
176	Americas Gold & Silver Corp	03062D100	10,253	$8,281	0.01%
177	TILRAY BRANDS INC	TLRY	11,453	$4,746	0.00%