Institutional Manager · CIK 0001862427

Fi3 FINANCIAL ADVISORS, LLC

INDIANAPOLIS, IN · File #028-21253

Latest AUM

$326.9M

Positions

192

Top-10 Concentration

72.4%

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
NEW	Alphabet Inc Cap STK	GOOG	+10,274	+$3.2M	$0
REDUCE	Alphabet Inc Cap STK	GOOG	-7,795	-$2.4M	+$1.1M
ADD	iShares Core U.S. REIT ETF	464288521	+35,539	+$2.0M	-$9,281
ADD	iShares MSCI EAFE Small-Cap ETF	464288273	+15,104	+$1.2M	+$2,248
REDUCE	Vanguard FTSE Developed Markets ETF	921943858	-17,452	-$1.1M	+$1.7M
REDUCE	iShares Core S&P 500 ETF	464287200	-1,545	-$1.1M	+$1.1M
NEW	First TR Exchng (traded FD VIII TCW Unconstrai)	33740F888	+40,762	+$1.0M	$0
REDUCE	Vanguard Total Stock Market Index Fund ETF	922908769	-2,509	-$841,182	+$168,029
ADD	Netflix Inc	NFLX	+8,240	+$772,582	-$990,223
ADD	iShares Core MSCI EAFE ETF	46432F842	+8,590	+$768,455	+$98,103

Sector Allocation

Technology

11.5%$37.6M

Healthcare

7.3%$24.0M

Consumer Discretionary

3.4%$11.0M

Financials

2.4%$7.8M

Industrials

1.6%$5.4M

Communication Services

1.2%$4.0M

Consumer Staples

0.8%$2.5M

Energy

0.7%$2.4M

Materials

0.3%$823,334

Filing History

Feb 6, 202613F HOLDINGS REPORTQ/E Dec 2025192 pos · $326.9M
Nov 12, 202513F HOLDINGS REPORTQ/E Sep 2025159 pos · $295.8M
Aug 13, 202513F HOLDINGS REPORTQ/E Jun 2025167 pos · $277.3M
May 9, 202513F HOLDINGS REPORTQ/E Mar 2025137 pos · $246.3M
Feb 11, 202513F HOLDINGS REPORTQ/E Dec 2024123 pos · $267.0M
Nov 12, 202413F HOLDINGS REPORTQ/E Sep 2024113 pos · $251.5M
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 202487 pos · $227.2M
May 6, 202413F HOLDINGS REPORTQ/E Mar 202486 pos · $217.4M
Nov 9, 202313F HOLDINGS REPORTQ/E Dec 202372 pos · $185.9M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	iShares Core S&P 500 ETF	464287200	67,627	$46.3M	16.63%
2	Vanguard FTSE Developed Markets ETF	921943858	648,298	$40.5M	14.54%
3	iShares Core S&P Small Cap ETF	464287804	302,036	$36.3M	13.03%
4	SPDR S&P 500 ETF Trust	SPY	25,671	$17.6M	6.30%
5	Eli Lilly & Co	LLY	15,182	$16.3M	5.86%
6	Apple Inc	AAPL	39,933	$10.9M	3.90%
7	Schwab US TIPS ETF	808524870	373,784	$9.9M	3.56%
8	Vanguard Total Stock Market Index Fund ETF	922908769	24,658	$8.3M	2.97%
9	Vanguard Small-Cap Index Fund ETF	922908751	30,826	$8.0M	2.86%
10	Hillenbrand Inc	431571108	242,406	$7.7M	2.76%
11	Nvidia Corporation	NVDA	37,409	$7.0M	2.51%
12	Microsoft	MSFT	12,033	$5.8M	2.09%
13	iShares MSCI EAFE ETF	464287465	56,488	$5.4M	1.95%
14	iShares Core MSCI EAFE ETF	46432F842	54,232	$4.9M	1.74%
15	Amazon.Com Inc	AMZN	19,945	$4.6M	1.65%
16	Vanguard S&P 500 ETF	922908363	6,270	$3.9M	1.41%
17	Alphabet Inc Cap STK	GOOG	10,274	$3.2M	1.15%
18	Broadcom Inc Com	AVGO	7,451	$2.6M	0.93%
19	Meta Platforms Inc	META	3,747	$2.5M	0.89%
20	Tesla Motors	TSLA	5,303	$2.4M	0.86%