Institutional Manager · CIK 0001790525

HBW ADVISORY SERVICES LLC

SIMI VALLEY, CA · File #028-19591

Latest AUM

$920.3M

Positions

424

Top-10 Concentration

46.1%

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
ADD	PACER FDS TR	69374H360	+189,262	+$6.7M	-$114,485
ADD	SELECT SECTOR SPDR TR	81369Y803	+39,973	+$5.8M	-$6.6M
REDUCE	VALUED ADVISERS TR	92046L338	-214,866	-$5.5M	+$46,259
REDUCE	PACER FDS TR	69374H881	-84,491	-$5.1M	+$1.1M
ADD	FIRST TR EXCHNG TRADED FD VI	33740F755	+109,511	+$3.8M	+$348,192
ADD	SCHWAB STRATEGIC TR	808524300	+97,647	+$3.2M	+$154,250
ADD	FIRST TR EXCHNG TRADED FD VI	33740F888	+122,995	+$3.1M	-$5,048
ADD	FIRST TR EXCHANGE TRADED FD	33738R704	+30,946	+$3.0M	+$78,497
ADD	REAVES UTIL INCOME FD	756158101	+72,369	+$2.6M	-$111,407
ADD	VANECK ETF TRUST	92189H805	+35,721	+$2.6M	+$114,079

Sector Allocation

Financials

11.2%$103.0M

Technology

6.8%$62.4M

Consumer Discretionary

3.3%$30.7M

Healthcare

2.1%$19.2M

Communication Services

2.0%$18.6M

1.4%$13.3M

1.3%$12.4M

1.3%$12.1M

0.6%$5.8M

0.3%$2.9M

0.3%$2.9M

Filing History

Jan 23, 202613F HOLDINGS REPORTQ/E Dec 2025424 pos · $920.3M
Oct 16, 202513F HOLDINGS REPORTQ/E Sep 2025417 pos · $888.7M
Jul 2, 202513F HOLDINGS REPORTQ/E Jun 2025399 pos · $811.1M
Apr 9, 202513F HOLDINGS REPORTQ/E Mar 2025386 pos · $703.4M
Jan 10, 202513F HOLDINGS REPORTQ/E Dec 2024376 pos · $974.6M
Oct 4, 202413F HOLDINGS REPORTQ/E Sep 2024362 pos · $684.1M
Jul 5, 202413F HOLDINGS REPORTQ/E Jun 2024333 pos · $602.6M
Apr 19, 202413F HOLDINGS REPORTQ/E Mar 2024335 pos · $579.5M
Oct 12, 202313F HOLDINGS REPORTQ/E Dec 2023295 pos · $479,096

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD INDEX FDS	922908363	82,977	$52.0M	9.62%
2	INVESCO QQQ TR	IVZ	56,535	$34.7M	6.42%
3	INVESCO EXCH TRADED FD TR II	IVZ	230,500	$27.5M	5.08%
4	J P MORGAN EXCHANGE TRADED F	46641Q332	460,502	$26.4M	4.87%
5	ULTIMUS MANAGERS TR	90386K639	765,747	$20.6M	3.81%
6	PACER FDS TR	69374H881	314,595	$18.9M	3.50%
7	FIRST TR EXCHNG TRADED FD VI	33740F755	524,041	$18.0M	3.32%
8	VANECK ETF TRUST	92189F643	170,926	$17.7M	3.27%
9	GLOBAL X FDS	37954Y673	352,975	$16.9M	3.12%
10	SPDR SERIES TRUST	78464A805	201,365	$16.6M	3.07%
11	APPLE INC	AAPL	47,789	$13.0M	2.40%
12	SELECT SECTOR SPDR TR	81369Y803	87,489	$12.6M	2.33%
13	MICROSOFT CORP	MSFT	24,843	$12.0M	2.22%
14	AMAZON COM INC	AMZN	51,108	$11.8M	2.18%
15	J P MORGAN EXCHANGE TRADED F	46641Q837	217,094	$11.0M	2.03%
16	FIRST TR EXCHANGE TRADED FD	33738R506	150,199	$10.4M	1.93%
17	CAPITAL GROUP GROWTH ETF	14020G101	233,462	$10.4M	1.92%
18	PACER FDS TR	69374H360	294,276	$10.4M	1.92%
19	SCHWAB STRATEGIC TR	808524300	314,904	$10.3M	1.90%
20	FIRST TR EXCHANGE-TRADED FD	33738D788	473,609	$10.1M	1.86%