Institutional Manager · CIK 0001767898

American Financial Advisors, LLC

Marietta, GA · File #028-19419

Latest AUM

$774.7M

Positions

160

Top-10 Concentration

58.7%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

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	INVESCO QQQ TR	IVZ	-4,082	-$2.5M	+$1.9M
REDUCE	VANGUARD INDEX FDS	922908595	-6,688	-$2.0M	+$573,053
REDUCE	BERKSHIRE HATHAWAY INC DEL	BRK-A	-3,268	-$1.6M	-$7,304
REDUCE	VANGUARD SPECIALIZED FUNDS	921908844	-6,900	-$1.5M	+$735,640
REDUCE	ISHARES TR	464287622	-3,509	-$1.3M	+$911,073
REDUCE	SPDR SERIES TRUST	78464A300	-11,362	-$1.0M	+$619,452
ADD	VANGUARD SCOTTSDALE FDS	92206C870	+12,216	+$1.0M	-$145,201
ADD	J P MORGAN EXCHANGE TRADED F	46641Q837	+19,000	+$961,210	-$23,831
REDUCE	FIRST TR EXCHANGE-TRADED FD	33733E104	-9,820	-$908,464	-$426,932
REDUCE	SPDR SERIES TRUST	78464A870	-6,960	-$848,619	+$775,783

Sector Allocation

10.9%$84.3M

2.3%$18.0M

2.0%$16.0M

1.4%$10.8M

Consumer Discretionary

1.3%$10.2M

Communication Services

0.3%$2.6M

0.3%$1.9M

0.2%$1.5M

0.2%$1.4M

0.0%$356,263

0.0%$306,425

Filing History

Feb 3, 202613F HOLDINGS REPORTQ/E Dec 2025160 pos · $774.7M
Oct 27, 202513F HOLDINGS REPORTQ/E Sep 2025158 pos · $776.3M
Jul 10, 202513F HOLDINGS REPORTQ/E Jun 2025161 pos · $716.0M
May 1, 202513F HOLDINGS REPORTQ/E Mar 2025147 pos · $689.3M
Jan 30, 202513F HOLDINGS REPORTQ/E Dec 2024150 pos · $709.6M
Oct 25, 202413F HOLDINGS REPORTQ/E Sep 2024146 pos · $732.5M
Jul 24, 202413F HOLDINGS REPORTQ/E Jun 2024145 pos · $703.0M
Apr 22, 202413F HOLDINGS REPORTQ/E Mar 2024151 pos · $709.8M
Nov 14, 202313F HOLDINGS REPORTQ/E Dec 2023134 pos · $634.7M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	INVESCO QQQ TR	IVZ	129,656	$79.6M	11.13%
2	VANGUARD WHITEHALL FDS	921946810	456,238	$41.7M	5.83%
3	ISHARES TR	464287622	110,979	$41.4M	5.79%
4	BERKSHIRE HATHAWAY INC DEL	BRK-A	80,161	$40.3M	5.63%
5	VANGUARD SPECIALIZED FUNDS	921908844	177,487	$39.0M	5.45%
6	SCHWAB STRATEGIC TR	808524797	1,412,038	$38.7M	5.41%
7	VANGUARD INDEX FDS	922908595	120,944	$36.5M	5.10%
8	VANGUARD SCOTTSDALE FDS	92206C870	415,679	$34.8M	4.86%
9	FIRST TR EXCHANGE-TRADED FD	33733E104	368,512	$34.1M	4.76%
10	VANGUARD SCOTTSDALE FDS	92206C409	422,689	$33.7M	4.71%
11	SELECT SECTOR SPDR TR	81369Y209	164,284	$25.4M	3.55%
12	VANGUARD INDEX FDS	922908629	83,430	$24.2M	3.38%
13	SPDR SERIES TRUST	78464A300	255,638	$23.3M	3.25%
14	CAPITAL GRP FIXED INCM ETF T	14020Y508	710,970	$18.9M	2.63%
15	FIRST TR EXCHANGE-TRADED FD	33739Q200	344,676	$17.2M	2.41%
16	VANECK ETF TRUST	92189F437	497,730	$14.6M	2.04%
17	FIRST TR EXCHANGE TRADED FD	33734X846	200,035	$14.3M	2.00%
18	ISHARES TR	464287507	207,824	$13.7M	1.92%
19	ELI LILLY & CO	LLY	12,690	$13.6M	1.91%
20	J P MORGAN EXCHANGE TRADED F	46641Q159	260,167	$12.0M	1.68%