FINANCIAL ADVOCATES INVESTMENT MANAGEMENT

Filed: 2/15/2023ACC: 0001730293-23-000001

📋 What this filing means

FINANCIAL ADVOCATES INVESTMENT MANAGEMENT filed this quarterly 13F‑HR report disclosing 753 equity positions with a total reported market value of $1.34B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

753

Positions

$1.34B

Total AUM (reported)

25.08M

Total Shares

Allocation by class

COM$320.38M23.9%

TR UNIT$38.12M2.8%

SHS$36.53M2.7%

TOTAL STK MKT$18.33M1.4%

CAP STRENGTH ETF$17.72M1.3%

GROWTH ETF$16.46M1.2%

GOLD SHS$14.60M1.1%

Portfolio Concentration

Top 3$120.18M9.0%

4–10$118.34M8.8%

11–25$164.17M12.2%

Rest$938.90M70.0%

Top 3 weight

9.0%

Top 10 weight

17.8%

Voting Authority Distribution

Total shares with voting rights: 25.08M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

25.08M

% of voting shares100.0%

Investment Discretion (by position count)

Sole753

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings753

Rows:

APPLE INC

SOLE

COM

Shares392.16K

TypeSH

Market value$50.95M

3.80%

Sole

0.00

Shared

0.00

None

392.16K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares96.51K

TypeSH

Market value$37.44M

2.79%

Sole

0.00

Shared

0.00

None

96.51K

MICROSOFT CORP

SOLE

COM

Shares132.52K

TypeSH

Market value$31.78M

2.37%

Sole

0.00

Shared

0.00

None

132.52K

FIRST TR VALUE LINE DIVID IN

SOLE

SHS

Shares577.32K

TypeSH

Market value$23.04M

1.72%

Sole

0.00

Shared

0.00

None

577.32K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares95.85K

TypeSH

Market value$18.33M

1.37%

Sole

0.00

Shared

0.00

None

95.85K

FIRST TR EXCHANGE-TRADED FD

SOLE

CAP STRENGTH ETF

Shares236.42K

TypeSH

Market value$17.72M

1.32%

Sole

0.00

Shared

0.00

None

236.42K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares77.26K

TypeSH

Market value$16.46M

1.23%

Sole

0.00

Shared

0.00

None

77.26K

SPDR GOLD TR

SOLE

GOLD SHS

Shares85.95K

TypeSH

Market value$14.60M

1.09%

Sole

0.00

Shared

0.00

None

85.95K

ISHARES TR

SOLE

S&P 500 GRWT ETF

Shares243.10K

TypeSH

Market value$14.22M

1.06%

Sole

0.00

Shared

0.00

None

243.10K

SELECT SECTOR SPDR TR

SOLE

ENERGY

Shares159.69K

TypeSH

Market value$13.97M

1.04%

Sole

0.00

Shared

0.00

None

159.69K

PACER FDS TR

SOLE

US CASH COWS 100

Shares285.32K

TypeSH

Market value$13.20M

0.98%

Sole

0.00

Shared

0.00

None

285.32K

VANGUARD BD INDEX FDS

SOLE

TOTAL BND MRKT

Shares179.95K

TypeSH

Market value$12.93M

0.96%

Sole

0.00

Shared

0.00

None

179.95K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares53.37K

TypeSH

Market value$12.91M

0.96%

Sole

0.00

Shared

0.00

None

53.37K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares201.24K

TypeSH

Market value$12.40M

0.92%

Sole

0.00

Shared

0.00

None

201.24K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares87.06K

TypeSH

Market value$12.30M

0.92%

Sole

0.00

Shared

0.00

None

87.06K

ISHARES TR

SOLE

S&P 500 VAL ETF

Shares80.40K

TypeSH

Market value$11.66M

0.87%

Sole

0.00

Shared

0.00

None

80.40K

J P MORGAN EXCHANGE TRADED F

SOLE

ULTRA SHRT INC

Shares232.31K

TypeSH

Market value$11.65M

0.87%

Sole

0.00

Shared

0.00

None

232.31K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares79.42K

TypeSH

Market value$11.15M

0.83%

Sole

0.00

Shared

0.00

None

79.42K

AMAZON COM INC

SOLE

COM

Shares132.68K

TypeSH

Market value$11.15M

0.83%

Sole

0.00

Shared

0.00

None

132.68K

DIMENSIONAL ETF TRUST

SOLE

INTL CORE EQT MK

Shares409.07K

TypeSH

Market value$10.24M

0.76%

Sole

0.00

Shared

0.00

None

409.07K

ISHARES TR

SOLE

MSCI USA MIN VOL

Shares138.53K

TypeSH

Market value$9.99M

0.74%

Sole

0.00

Shared

0.00

None

138.53K

FIRST TR EXCHNG TRADED FD VI

SOLE

TCW UNCONSTRAI

Shares384.98K

TypeSH

Market value$9.28M

0.69%

Sole

0.00

Shared

0.00

None

384.98K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares29.93K

TypeSH

Market value$8.64M

0.64%

Sole

0.00

Shared

0.00

None

29.93K

FIRST TR EXCHANGE-TRADED FD

SOLE

RISNG DIVD ACHIV

Shares190.68K

TypeSH

Market value$8.37M

0.62%

Sole

0.00

Shared

0.00

None

190.68K

ISHARES TR

SOLE

CORE US AGGBD ET

Shares85.66K

TypeSH

Market value$8.31M

0.62%

Sole

0.00

Shared

0.00

None

85.66K

Issuer	Class	Shares	Type	Value / Portfolio %	None
APPLE INCSOLE	COM	392.16K	SH	$50.95M 3.80%	392.16K
SPDR S&P 500 ETF TRSOLE	TR UNIT	96.51K	SH	$37.44M 2.79%	96.51K
MICROSOFT CORPSOLE	COM	132.52K	SH	$31.78M 2.37%	132.52K
FIRST TR VALUE LINE DIVID INSOLE	SHS	577.32K	SH	$23.04M 1.72%	577.32K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	95.85K	SH	$18.33M 1.37%	95.85K
FIRST TR EXCHANGE-TRADED FDSOLE	CAP STRENGTH ETF	236.42K	SH	$17.72M 1.32%	236.42K
VANGUARD INDEX FDSSOLE	GROWTH ETF	77.26K	SH	$16.46M 1.23%	77.26K
SPDR GOLD TRSOLE	GOLD SHS	85.95K	SH	$14.60M 1.09%	85.95K
ISHARES TRSOLE	S&P 500 GRWT ETF	243.10K	SH	$14.22M 1.06%	243.10K
SELECT SECTOR SPDR TRSOLE	ENERGY	159.69K	SH	$13.97M 1.04%	159.69K
PACER FDS TRSOLE	US CASH COWS 100	285.32K	SH	$13.20M 0.98%	285.32K
VANGUARD BD INDEX FDSSOLE	TOTAL BND MRKT	179.95K	SH	$12.93M 0.96%	179.95K
ISHARES TRSOLE	CORE S&P MCP ETF	53.37K	SH	$12.91M 0.96%	53.37K
ISHARES TRSOLE	CORE MSCI EAFE	201.24K	SH	$12.40M 0.92%	201.24K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	87.06K	SH	$12.30M 0.92%	87.06K
ISHARES TRSOLE	S&P 500 VAL ETF	80.40K	SH	$11.66M 0.87%	80.40K
J P MORGAN EXCHANGE TRADED FSOLE	ULTRA SHRT INC	232.31K	SH	$11.65M 0.87%	232.31K
VANGUARD INDEX FDSSOLE	VALUE ETF	79.42K	SH	$11.15M 0.83%	79.42K
AMAZON COM INCSOLE	COM	132.68K	SH	$11.15M 0.83%	132.68K
DIMENSIONAL ETF TRUSTSOLE	INTL CORE EQT MK	409.07K	SH	$10.24M 0.76%	409.07K
ISHARES TRSOLE	MSCI USA MIN VOL	138.53K	SH	$9.99M 0.74%	138.53K
FIRST TR EXCHNG TRADED FD VISOLE	TCW UNCONSTRAI	384.98K	SH	$9.28M 0.69%	384.98K
INVESCO QQQ TRSOLE	UNIT SER 1	29.93K	SH	$8.64M 0.64%	29.93K
FIRST TR EXCHANGE-TRADED FDSOLE	RISNG DIVD ACHIV	190.68K	SH	$8.37M 0.62%	190.68K
ISHARES TRSOLE	CORE US AGGBD ET	85.66K	SH	$8.31M 0.62%	85.66K

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