Institutional Manager · CIK 0002051584
FSA Investment Group, LLC
Pensacola, FL · File #028-24599
Latest AUM
$164.0M
Positions
38
Top-10 Concentration
92.1%
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 | INVESCO EXCHANGE TRADED FD T | IVZ | +27,635 | +$5.3M | +$257,582 |
| REDUCE | SCHWAB STRATEGIC TR | 808524201 | -119,691 | -$3.2M | +$1.7M |
| EXITED | ISHARES TR | 464287697 | -4,974 | -$555,641 | $0 |
| EXITED | ISHARES TR | 464287168 | -3,623 | -$515,628 | $0 |
| ADD | SELECT SECTOR SPDR TR | 81369Y506 | +8,524 | +$381,108 | -$372,794 |
| ADD | VANGUARD SCOTTSDALE FDS | 92206C599 | +1,182 | +$355,004 | +$44,731 |
| EXITED | VANGUARD WHITEHALL FDS | 921946406 | -2,514 | -$354,608 | $0 |
| REDUCE | SCHWAB STRATEGIC TR | 808524797 | -10,469 | -$287,160 | -$2,505 |
| ADD | ISHARES TR | 464287226 | +2,536 | +$253,300 | -$5,048 |
| ADD | NETFLIX INC | NFLX | +2,615 | +$245,182 | -$302,676 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202538 pos · $164.0M
- 13F HOLDINGS REPORTQ/E Sep 202540 pos · $160.4M
- 13F HOLDINGS REPORTQ/E Jun 202520 pos · $135.0M
- 13F HOLDINGS REPORTQ/E Mar 202523 pos · $117.5M
- 13F HOLDINGS REPORTQ/E Dec 202420 pos · $114.9M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | 808524201 | 3,545,168 | $95.4M | 58.16% |
| 2 | INVESCO EXCHANGE TRADED FD T | IVZ | 207,763 | $39.8M | 24.26% |
| 3 | SCHWAB STRATEGIC TR | 808524870 | 120,786 | $3.2M | 1.95% |
| 4 | VANGUARD SCOTTSDALE FDS | 92206C599 | 10,307 | $3.1M | 1.89% |
| 5 | GRANITESHARES GOLD TR | BAR | 58,404 | $2.5M | 1.51% |
| 6 | ISHARES TR | 464287226 | 19,348 | $1.9M | 1.18% |
| 7 | VANGUARD STAR FDS | 921909768 | 22,353 | $1.7M | 1.03% |
| 8 | VANGUARD INDEX FDS | 922908611 | 6,142 | $1.3M | 0.79% |
| 9 | ISHARES BITCOIN TRUST ETF | IBIT | 22,651 | $1.1M | 0.69% |
| 10 | APPLE INC | AAPL | 3,882 | $1.1M | 0.64% |
| 11 | SIMPLIFY EXCHANGE TRADED FUN | 82889N855 | 16,030 | $768,318 | 0.47% |
| 12 | NVIDIA CORPORATION | NVDA | 4,083 | $761,480 | 0.46% |
| 13 | SELECT SECTOR SPDR TR | 81369Y506 | 16,877 | $754,571 | 0.46% |
| 14 | PIMCO ETF TR | 72201R775 | 7,981 | $742,904 | 0.45% |
| 15 | MICROSOFT CORP | MSFT | 1,531 | $740,422 | 0.45% |
| 16 | VANGUARD BD INDEX FDS | 921937827 | 8,766 | $690,862 | 0.42% |
| 17 | INVESCO ACTVELY MNGD ETC FD | IVZ | 52,005 | $689,066 | 0.42% |
| 18 | BROADCOM INC | AVGO | 1,777 | $615,020 | 0.37% |
| 19 | ISHARES TR | 464287176 | 5,054 | $555,448 | 0.34% |
| 20 | LISTED FDS TR | 53656G498 | 8,203 | $541,070 | 0.33% |