FINANCIAL ADVOCATES INVESTMENT MANAGEMENT

Filed: 4/28/2025ACC: 0001730293-25-000003

📋 What this filing means

FINANCIAL ADVOCATES INVESTMENT MANAGEMENT filed this quarterly 13F‑HR report disclosing 707 equity positions with a total reported market value of $1.43B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

707

Positions

$1.43B

Total AUM (reported)

21.07M

Total Shares

Allocation by class

COM$321.00M22.5%

TR UNIT$43.75M3.1%

PRTFLO S&P500 GW$28.91M2.0%

TOTAL STK MKT$27.45M1.9%

CL A$26.56M1.9%

S&P METALS MNG$23.45M1.6%

GOLD SHS$20.37M1.4%

Portfolio Concentration

Top 3$121.12M8.5%

4–10$153.91M10.8%

11–25$215.74M15.1%

Rest$935.78M65.6%

Top 3 weight

8.5%

Top 10 weight

19.3%

Voting Authority Distribution

Total shares with voting rights: 21.07M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

21.07M

% of voting shares100.0%

Investment Discretion (by position count)

Sole707

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings707

Rows:

NVIDIA CORPORATION

SOLE

COM

Shares460.14K

TypeSH

Market value$49.87M

3.50%

Sole

0.00

Shared

0.00

None

460.14K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares75.69K

TypeSH

Market value$42.34M

2.97%

Sole

0.00

Shared

0.00

None

75.69K

SPDR SER TR

SOLE

PRTFLO S&P500 GW

Shares359.72K

TypeSH

Market value$28.91M

2.03%

Sole

0.00

Shared

0.00

None

359.72K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares99.87K

TypeSH

Market value$27.45M

1.92%

Sole

0.00

Shared

0.00

None

99.87K

SPDR SER TR

SOLE

S&P METALS MNG

Shares256.41K

TypeSH

Market value$23.45M

1.64%

Sole

0.00

Shared

0.00

None

256.41K

AMAZON COM INC

SOLE

COM

Shares119.18K

TypeSH

Market value$22.67M

1.59%

Sole

0.00

Shared

0.00

None

119.18K

SPDR GOLD TR

SOLE

GOLD SHS

Shares70.68K

TypeSH

Market value$20.37M

1.43%

Sole

0.00

Shared

0.00

None

70.68K

ISHARES TR

SOLE

US TREAS BD ETF

Shares881.56K

TypeSH

Market value$20.29M

1.42%

Sole

0.00

Shared

0.00

None

881.56K

ISHARES TR

SOLE

S&P 500 GRWT ETF

Shares214.83K

TypeSH

Market value$19.94M

1.40%

Sole

0.00

Shared

0.00

None

214.83K

APPLE INC

SOLE

COM

Shares88.86K

TypeSH

Market value$19.74M

1.38%

Sole

0.00

Shared

0.00

None

88.86K

ISHARES TR

SOLE

ISHS 1-5YR INVS

Shares342.81K

TypeSH

Market value$17.95M

1.26%

Sole

0.00

Shared

0.00

None

342.81K

ISHARES TR

SOLE

CORE S&P US GWT

Shares155.13K

TypeSH

Market value$17.75M

1.24%

Sole

0.00

Shared

0.00

None

155.13K

ISHARES TR

SOLE

CORE US AGGBD ET

Shares171.76K

TypeSH

Market value$16.99M

1.19%

Sole

0.00

Shared

0.00

None

171.76K

ISHARES TR

SOLE

MSCI USA QLT FCT

Shares97.62K

TypeSH

Market value$16.68M

1.17%

Sole

0.00

Shared

0.00

None

97.62K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares275.66K

TypeSH

Market value$16.08M

1.13%

Sole

0.00

Shared

0.00

None

275.66K

ISHARES TR

SOLE

MBS ETF

Shares154.14K

TypeSH

Market value$14.45M

1.01%

Sole

0.00

Shared

0.00

None

154.14K

J P MORGAN EXCHANGE TRADED F

SOLE

ACTIVE GROWTH

Shares185.90K

TypeSH

Market value$13.72M

0.96%

Sole

0.00

Shared

0.00

None

185.90K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares28.80K

TypeSH

Market value$13.50M

0.95%

Sole

0.00

Shared

0.00

None

28.80K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares249K

TypeSH

Market value$13.44M

0.94%

Sole

0.00

Shared

0.00

None

249K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares23.66K

TypeSH

Market value$13.29M

0.93%

Sole

0.00

Shared

0.00

None

23.66K

ISHARES TR

SOLE

CORE S&P US VLU

Shares143.15K

TypeSH

Market value$13.21M

0.93%

Sole

0.00

Shared

0.00

None

143.15K

SPDR SER TR

SOLE

BLOOMBERG 3-12 M

Shares131.15K

TypeSH

Market value$13.05M

0.91%

Sole

0.00

Shared

0.00

None

131.15K

PACER FDS TR

SOLE

US CASH COWS 100

Shares230.65K

TypeSH

Market value$12.63M

0.89%

Sole

0.00

Shared

0.00

None

230.65K

TESLA INC

SOLE

COM

Shares44.37K

TypeSH

Market value$11.50M

0.81%

Sole

0.00

Shared

0.00

None

44.37K

ISHARES TR

SOLE

S&P 500 VAL ETF

Shares60.25K

TypeSH

Market value$11.48M

0.80%

Sole

0.00

Shared

0.00

None

60.25K

Issuer	Class	Shares	Type	Value / Portfolio %	None
NVIDIA CORPORATIONSOLE	COM	460.14K	SH	$49.87M 3.50%	460.14K
SPDR S&P 500 ETF TRSOLE	TR UNIT	75.69K	SH	$42.34M 2.97%	75.69K
SPDR SER TRSOLE	PRTFLO S&P500 GW	359.72K	SH	$28.91M 2.03%	359.72K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	99.87K	SH	$27.45M 1.92%	99.87K
SPDR SER TRSOLE	S&P METALS MNG	256.41K	SH	$23.45M 1.64%	256.41K
AMAZON COM INCSOLE	COM	119.18K	SH	$22.67M 1.59%	119.18K
SPDR GOLD TRSOLE	GOLD SHS	70.68K	SH	$20.37M 1.43%	70.68K
ISHARES TRSOLE	US TREAS BD ETF	881.56K	SH	$20.29M 1.42%	881.56K
ISHARES TRSOLE	S&P 500 GRWT ETF	214.83K	SH	$19.94M 1.40%	214.83K
APPLE INCSOLE	COM	88.86K	SH	$19.74M 1.38%	88.86K
ISHARES TRSOLE	ISHS 1-5YR INVS	342.81K	SH	$17.95M 1.26%	342.81K
ISHARES TRSOLE	CORE S&P US GWT	155.13K	SH	$17.75M 1.24%	155.13K
ISHARES TRSOLE	CORE US AGGBD ET	171.76K	SH	$16.99M 1.19%	171.76K
ISHARES TRSOLE	MSCI USA QLT FCT	97.62K	SH	$16.68M 1.17%	97.62K
ISHARES TRSOLE	CORE S&P MCP ETF	275.66K	SH	$16.08M 1.13%	275.66K
ISHARES TRSOLE	MBS ETF	154.14K	SH	$14.45M 1.01%	154.14K
J P MORGAN EXCHANGE TRADED FSOLE	ACTIVE GROWTH	185.90K	SH	$13.72M 0.96%	185.90K
INVESCO QQQ TRSOLE	UNIT SER 1	28.80K	SH	$13.50M 0.95%	28.80K
ISHARES INCSOLE	CORE MSCI EMKT	249K	SH	$13.44M 0.94%	249K
ISHARES TRSOLE	CORE S&P500 ETF	23.66K	SH	$13.29M 0.93%	23.66K
ISHARES TRSOLE	CORE S&P US VLU	143.15K	SH	$13.21M 0.93%	143.15K
SPDR SER TRSOLE	BLOOMBERG 3-12 M	131.15K	SH	$13.05M 0.91%	131.15K
PACER FDS TRSOLE	US CASH COWS 100	230.65K	SH	$12.63M 0.89%	230.65K
TESLA INCSOLE	COM	44.37K	SH	$11.50M 0.81%	44.37K
ISHARES TRSOLE	S&P 500 VAL ETF	60.25K	SH	$11.48M 0.80%	60.25K

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