Institutional Manager · CIK 0001813369
Financial Advisory Corp
Grand Rapids, MI · File #028-25416
Latest AUM
$687.6M
Positions
51
Top-10 Concentration
86.1%
Filings
5
Portfolio Value Over Time
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 | ISHARES TR | 46436E833 | +163,102 | +$3.6M | -$16,362 |
| ADD | ISHARES TR | 46436E841 | +147,243 | +$3.3M | -$40,634 |
| ADD | ISHARES TR | 46436E858 | +137,385 | +$3.1M | -$111,516 |
| REDUCE | ISHARES TR | 46434V860 | -53,222 | -$2.7M | -$214,121 |
| REDUCE | ISHARES TR | 464287200 | -2,880 | -$2.0M | +$2.9M |
| REDUCE | VANGUARD TAX-MANAGED FDS | 921943858 | -26,790 | -$1.7M | +$2.0M |
| ADD | ISHARES TR | 464287481 | +11,167 | +$1.5M | -$4.1M |
| REDUCE | VANGUARD INDEX FDS | 922908744 | -7,765 | -$1.5M | +$1.0M |
| NEW | ISHARES TR | 46436E825 | +46,929 | +$1.0M | $0 |
| REDUCE | SELECT SECTOR SPDR TR | 81369Y209 | -5,853 | -$906,045 | +$2.8M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202551 pos · $687.6M
- 13F HOLDINGS REPORTQ/E Sep 202552 pos · $679.2M
- 13F HOLDINGS REPORTQ/E Jun 202555 pos · $651.9M
- 13F HOLDINGS REPORTQ/E Mar 202547 pos · $604.1M
- 13F HOLDINGS REPORTQ/E Dec 202440 pos · $573.1M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287200 | 184,231 | $126.2M | 18.36% |
| 2 | ISHARES TR | 464287481 | 752,605 | $103.1M | 14.99% |
| 3 | ISHARES TR | 46434V860 | 1,593,868 | $80.4M | 11.70% |
| 4 | VANGUARD INDEX FDS | 922908611 | 284,736 | $60.3M | 8.77% |
| 5 | VANGUARD TAX-MANAGED FDS | 921943858 | 776,222 | $48.5M | 7.05% |
| 6 | ISHARES TR | 464288273 | 592,938 | $46.0M | 6.69% |
| 7 | VANGUARD INDEX FDS | 922908744 | 218,180 | $41.7M | 6.06% |
| 8 | ISHARES TR | 46436E858 | 1,624,264 | $37.2M | 5.41% |
| 9 | SELECT SECTOR SPDR TR | 81369Y209 | 173,415 | $26.8M | 3.91% |
| 10 | ISHARES TR | 46436E833 | 981,842 | $22.0M | 3.19% |
| 11 | ISHARES TR | 46436E841 | 960,093 | $21.6M | 3.14% |
| 12 | ISHARES TR | 464287739 | 147,355 | $13.8M | 2.01% |
| 13 | VANGUARD INDEX FDS | 922908553 | 140,366 | $12.4M | 1.81% |
| 14 | ISHARES TR | 464287341 | 287,619 | $12.1M | 1.75% |
| 15 | VANGUARD SCOTTSDALE FDS | 92206C649 | 50,415 | $8.1M | 1.17% |
| 16 | VANGUARD INTL EQUITY INDEX F | 922042775 | 41,357 | $3.0M | 0.44% |
| 17 | VANGUARD INTL EQUITY INDEX F | 922042858 | 43,028 | $2.3M | 0.34% |
| 18 | FIRST TR EXCHANGE TRADED FD | 33734X143 | 20,193 | $2.3M | 0.33% |
| 19 | APPLE INC | AAPL | 7,793 | $2.1M | 0.31% |
| 20 | GLOBAL X FDS | 37954Y889 | 25,346 | $2.1M | 0.30% |