Institutional Manager · CIK 0001905627

FSA Advisors, Inc.

TROY, MI · File #028-24190

Latest AUM

$143.9M

Positions

215

Top-10 Concentration

37.2%

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	NEOS ENHANCED INC 1 3 MN TBLL ETF	78433H501	+90,893	+$4.5M	+$136
REDUCE	VANGUARD S&P 500 ETF	922908363	-5,893	-$3.7M	+$203,699
ADD	NVIDIA CORP	NVDA	+130,652	+$2.9M	-$2.9M
NEW	SIMPLIFY EXCHANGE TRADED FUN TREASURY OPT INC	82889N640	+120,380	+$2.9M	$0
NEW	SIMPLIFY EXCHANGE TRADED FUN MANAGED FUTURES	82889N699	+102,557	+$2.8M	$0
REDUCE	VANGUARD FTSE DEVELOPED MARKETS ETF	921943858	-37,589	-$2.3M	+$135,855
REDUCE	BLACKROCK MUNIYIELD MICH QU COM	BLK	-190,397	-$2.2M	+$96,435
REDUCE	APPLE INC	AAPL	-7,800	-$2.1M	+$164,457
ADD	NEOS S&P 500 HIGH INCOME ETF	78433H303	+39,306	+$2.1M	+$6,015
NEW	SIMPLIFY EXCHANGE TRADED FUN AGGREGATE BOND E	82889N723	+91,353	+$1.9M	$0

Sector Allocation

28.1%$40.4M

5.2%$7.5M

3.4%$4.9M

1.9%$2.7M

Consumer Discretionary

1.0%$1.5M

Energy

0.8%$1.2M

Communication Services

0.8%$1.2M

Healthcare

0.7%$999,292

Utilities

0.6%$880,380

Real Estate

0.0%$32,178

Filing History

Feb 2, 202613F COMBINATION REPORTQ/E Dec 2025215 pos · $143.9M
Nov 12, 202513F COMBINATION REPORTQ/E Sep 2025156 pos · $126.3M
Aug 1, 202513F COMBINATION REPORTQ/E Jun 2025177 pos · $123.0M
May 8, 202513F COMBINATION REPORTQ/E Mar 2025178 pos · $126.1M
Jan 23, 202513F COMBINATION REPORTQ/E Dec 2024139 pos · $81.8M
Oct 24, 202413F COMBINATION REPORTQ/E Sep 2024142 pos · $100.3M
Aug 1, 202413F COMBINATION REPORTQ/E Jun 2024133 pos · $95.9M
May 23, 202413F COMBINATION REPORTQ/E Mar 2024134 pos · $93.3M
May 22, 202413F COMBINATION REPORTQ/E Mar 2024120 pos · $80.8M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	NEOS ENHANCED INC 1 3 MN TBLL ETF	78433H501	110,263	$5.5M	6.18%
2	VANGUARD S&P 500 ETF	922908363	7,944	$5.0M	5.61%
3	NEOS S&P 500 HIGH INCOME ETF	78433H303	65,438	$3.4M	3.87%
4	NVIDIA CORP	NVDA	148,123	$3.3M	3.67%
5	NEOS NASDAQ 100 HIGH INCOME ETF	78433H675	55,410	$3.0M	3.36%
6	SIMPLIFY EXCHANGE TRADED FUN TREASURY OPT INC	82889N640	120,380	$2.9M	3.22%
7	SIMPLIFY EXCHANGE TRADED FUN MANAGED FUTURES	82889N699	102,557	$2.8M	3.15%
8	AIM ETF PRODUCTS TRUST ALLIANZIM US EQU	00888H521	93,694	$2.6M	2.89%
9	MICROSOFT CORP	MSFT	4,873	$2.4M	2.66%
10	SPDR S&P 500 ETF	SPY	13,476	$2.3M	2.55%
11	INNOVATOR US EQUITY POWER BUFFER ETF	INHD	46,581	$2.2M	2.47%
12	INNOVATOR US EQUITY BUFFER ETF	INHD	39,457	$2.2M	2.45%
13	BLACKROCK MUNIY MICHIGAN	BLK	184,999	$2.2M	2.45%
14	INNOVATOR US EQY BUFFER ETF	INHD	39,780	$2.0M	2.22%
15	INNOVATOR US EQUITY BUFFER ETF	INHD	37,510	$1.9M	2.15%
16	SIMPLIFY EXCHANGE TRADED FUN AGGREGATE BOND E	82889N723	91,353	$1.9M	2.13%
17	AIM ETF PRODUCTS TRUST U S LRGCP 6M APR	00888H877	50,751	$1.8M	1.99%
18	CAPITOL SER TR STERLING CAP ENH	14064D444	66,813	$1.7M	1.91%
19	INNOVATOR US EQUITY BUFFER ETF	INHD	34,659	$1.7M	1.90%
20	FIRST TR EXCHNG TRADED FD VI FT VEST U.S EQT	33740U711	43,019	$1.7M	1.88%