Institutional Manager · CIK 0001730293
Financial Advocates Investment Management
OLYMPIA, WA · File #028-18619
Latest AUM
$177.9M
Positions
104
Top-10 Concentration
43.9%
Filings
8
Portfolio Value Over Time
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | NVIDIA CORPORATION | 67066G104 | -235,258 | -$43.9M | +$7.0M |
| REDUCE | SPDR S&P 500 ETF TR | 78462F103 | -63,227 | -$42.1M | +$3.3M |
| REDUCE | APPLE INC | 037833100 | -150,768 | -$38.4M | +$11.0M |
| REDUCE | VANGUARD INDEX FDS | 922908769 | -82,738 | -$27.2M | +$2.3M |
| EXITED | ISHARES TR | 46432F842 | -299,399 | -$25.0M | $0 |
| REDUCE | MICROSOFT CORP | 594918104 | -48,106 | -$24.9M | +$1.1M |
| REDUCE | ISHARES TR | 46429B267 | -932,716 | -$21.6M | +$132,283 |
| EXITED | ISHARES TR | 464287671 | -138,416 | -$20.8M | $0 |
| REDUCE | ISHARES TR | 46432F339 | -100,274 | -$19.5M | +$1.3M |
| REDUCE | ISHARES INC | 46434G103 | -278,493 | -$18.4M | +$1.8M |
Filing History
- 13F HOLDINGS REPORTQ/E Sep 2025104 pos · $177.9M
- 13F HOLDINGS REPORTQ/E Jun 2025627 pos · $1.23B
- 13F HOLDINGS REPORTQ/E Mar 2025722 pos · $1.43B
- 13F HOLDINGS REPORTQ/E Dec 2024752 pos · $1.76B
- 13F HOLDINGS REPORTQ/E Sep 2024768 pos · $1.77B
- 13F HOLDINGS REPORTQ/E Jun 2024741 pos · $1.61B
- 13F HOLDINGS REPORTQ/E Mar 2024773 pos · $1.73B
- 13F HOLDINGS REPORTQ/E Dec 2023696 pos · $1.39B
Top 20 Holdings — Sep 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | APPLE INC | 037833100 | 71,372 | $18.2M | 12.00% |
| 2 | SPDR GOLD TR | 78463V107 | 21,837 | $7.8M | 5.13% |
| 3 | ISHARES TR | 464289859 | 71,608 | $6.3M | 4.17% |
| 4 | PIMCO ETF TR | 72201R833 | 59,889 | $6.0M | 3.98% |
| 5 | ISHARES TR | 464287200 | 8,485 | $5.7M | 3.75% |
| 6 | ISHARES TR | 46434V613 | 101,424 | $4.7M | 3.13% |
| 7 | INVESCO EXCHANGE TRADED FD T | 46137V233 | 80,409 | $4.6M | 3.05% |
| 8 | PACER FDS TR | 69374H105 | 82,362 | $4.5M | 2.98% |
| 9 | ISHARES TR | 464289875 | 93,348 | $4.4M | 2.93% |
| 10 | ISHARES TR | 464288760 | 19,979 | $4.2M | 2.76% |
| 11 | VANGUARD INDEX FDS | 922908769 | 12,358 | $4.1M | 2.68% |
| 12 | SPDR S&P 500 ETF TR | 78462F103 | 5,931 | $4.0M | 2.61% |
| 13 | J P MORGAN EXCHANGE TRADED F | 46654Q609 | 41,414 | $3.9M | 2.56% |
| 14 | VANGUARD BD INDEX FDS | 921937835 | 49,253 | $3.7M | 2.42% |
| 15 | INVESCO EXCH TRADED FD TR II | 46138E339 | 30,187 | $3.7M | 2.41% |
| 16 | VANGUARD WORLD FD | 92204A876 | 16,395 | $3.1M | 2.05% |
| 17 | BLACKROCK ETF TRUST | 09290C103 | 50,979 | $3.0M | 1.99% |
| 18 | ISHARES TR | 464287309 | 24,989 | $3.0M | 1.99% |
| 19 | INVESCO EXCH TRADED FD TR II | 46138G649 | 12,012 | $3.0M | 1.96% |
| 20 | ISHARES TR | 464288414 | 27,564 | $2.9M | 1.94% |