# SMI Advisory Services, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1609008. Source: https://holderbook.com/funds/1609008-smi-advisory-services-llc/

- Reported value: $617.0M
- Positions: 62
- Weight of the ten largest: 83.1%
- Filed: 2026-07-09

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ETF OPPORTUNITIES TRUST | [RAA](https://holderbook.com/stocks/RAA/) | $226.1M | 7,643,624 | 36.6% | 6 |
| ETF OPPORTUNITIES TRUST | [FCTE](https://holderbook.com/stocks/FCTE/) | $68.1M | 2,335,162 | 11.0% | 8 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $63.2M | 255,736 | 10.2% | 3 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $27.5M | 274,115 | 4.5% | 2 |
| ISHARES TR | [USRT](https://holderbook.com/stocks/USRT/) | $25.3M | 377,626 | 4.1% | 1 |
| EXCHANGE PLACE ADVISORS TRUS | [QTPI](https://holderbook.com/stocks/QTPI/) | $22.6M | 884,577 | 3.7% | 3 |
| NORTHERN LTS FD TR II | [WCPB](https://holderbook.com/stocks/WCPB/) | $21.4M | 845,239 | 3.5% | 3 |
| SPDR SERIES TRUST | [XSD](https://holderbook.com/stocks/XSD/) | $20.6M | 36,067 | 3.3% | 1 |
| FIRST TR EXCH TRD ALPHDX FD | [FDT](https://holderbook.com/stocks/FDT/) | $19.7M | 208,908 | 3.2% | 3 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $18.5M | 24,446 | 3.0% | 21 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $14.0M | 501,624 | 2.3% | 2 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $12.7M | 68,939 | 2.1% | 4 |
| INNOVATOR ETFS TRUST | [NDEC](https://holderbook.com/stocks/NDEC/) | $12.5M | 417,894 | 2.0% | 2 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $10.4M | 42,373 | 1.7% | 21 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $7.7M | 321,160 | 1.3% | 16 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $6.8M | 83,541 | 1.1% | 3 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $4.2M | 99,064 | 0.7% | 3 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $2.9M | 15,419 | 0.5% | 4 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $2.7M | 16,450 | 0.4% | 3 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $2.3M | 20,754 | 0.4% | 4 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $2.3M | 7,608 | 0.4% | 10 |
| SPROTT ASSET MANAGEMENT LP | [PHYS](https://holderbook.com/stocks/PHYS/) | $2.3M | 71,925 | 0.4% | 17 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $2.0M | 4,128 | 0.3% | 9 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $1.8M | 2,333 | 0.3% | 21 |
| WISDOMTREE TR | [DLN](https://holderbook.com/stocks/DLN/) | $1.3M | 13,571 | 0.2% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.3M | 1,090 | 0.2% | 5 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.1M | 2,939 | 0.2% | 14 |
| ISHARES TR | [IBDR](https://holderbook.com/stocks/IBDR/) | $958.9K | 39,673 | 0.2% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $837.0K | 4,280 | 0.1% | 9 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $792.6K | 6,444 | 0.1% | 5 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $764.0K | 14,379 | 0.1% | 2 |
| SCHWAB STRATEGIC TR | [SCHK](https://holderbook.com/stocks/SCHK/) | $678.6K | 18,709 | 0.1% | 15 |
| INVESCO EXCH TRD SLF IDX FD | [BSCQ](https://holderbook.com/stocks/BSCQ/) | $677.5K | 34,671 | 0.1% | 7 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $675.2K | 978 | 0.1% | 5 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $663.8K | 1,918 | 0.1% | 9 |
| SPDR INDEX SHS FDS | [CWI](https://holderbook.com/stocks/CWI/) | $600.7K | 14,684 | 0.1% | 21 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $535.0K | 1,925 | 0.1% | 5 |
| INNOVATOR ETFS TRUST | [TJAN](https://holderbook.com/stocks/TJAN/) | $530.9K | 18,817 | 0.1% | 6 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $515.9K | 6,261 | 0.1% | 1 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $514.5K | 7,035 | 0.1% | 9 |
| INVESCO EXCH TRD SLF IDX FD | [BSCR](https://holderbook.com/stocks/BSCR/) | $506.7K | 25,805 | 0.1% | 7 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $495.6K | 1,203 | 0.1% | 5 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $432.1K | 5,307 | 0.1% | 1 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $431.3K | 3,899 | 0.1% | 9 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $387.2K | 6,897 | 0.1% | 4 |
| INVESCO EXCH TRD SLF IDX FD | [BSCS](https://holderbook.com/stocks/BSCS/) | $386.5K | 18,958 | 0.1% | 3 |
| USCF ETF TR | [SDCI](https://holderbook.com/stocks/SDCI/) | $374.9K | 13,840 | 0.1% | 6 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $366.9K | 3,109 | 0.1% | 4 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $364.2K | 4,118 | 0.1% | 6 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $347.9K | 7,680 | 0.1% | 2 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $310.2K | 4,636 | 0.1% | 21 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $281.0K | 2,059 | 0.0% | 5 |
| SPDR SERIES TRUST | [SPTS](https://holderbook.com/stocks/SPTS/) | $278.3K | 9,614 | 0.0% | 16 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $271.5K | 1,136 | 0.0% | 5 |
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $263.8K | 2,891 | 0.0% | 9 |
| ISHARES TR | [ILCV](https://holderbook.com/stocks/ILCV/) | $244.7K | 2,363 | 0.0% | 4 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $242.5K | 1,105 | 0.0% | 5 |
| WISDOMTREE TR | [XC](https://holderbook.com/stocks/XC/) | $241.4K | 7,501 | 0.0% | 1 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $234.2K | 1,708 | 0.0% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $231.1K | 739 | 0.0% | 1 |
| SCHWAB STRATEGIC TR | [SCHH](https://holderbook.com/stocks/SCHH/) | $229.9K | 9,630 | 0.0% | 1 |
| DNP SELECT INCOME FD INC | [DNP](https://holderbook.com/stocks/DNP/) | $190.8K | 17,535 | 0.0% | 11 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +6.1% | +14.8% | -8.7% | 99% |
| Q1 2026 | +1.7% | -4.6% | +6.4% | 96% |
| Q4 2025 | +1.5% | +2.4% | -0.9% | 95% |
| Q3 2025 | +6.3% | +7.8% | -1.6% | 100% |
| Q2 2025 | +5.8% | +10.5% | -4.6% | 107% |
| Q1 2025 | -2.7% | -4.6% | +1.9% | 101% |
| Q4 2024 | -0.8% | +2.1% | -2.9% | 101% |
| Q3 2024 | +4.0% | +5.4% | -1.4% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $617.0M | 62 |
| Q1 2026 | $606.9M | 60 |
| Q4 2025 | $580.3M | 59 |
| Q3 2025 | $528.6M | 56 |
| Q2 2025 | $517.5M | 51 |
| Q1 2025 | $442.2M | 43 |
| Q4 2024 | $433.4M | 54 |
| Q3 2024 | $451.7M | 56 |
| Q2 2024 | $404.4M | 59 |
| Q1 2024 | $356.3M | 54 |
| Q4 2023 | $395.3M | 58 |
| Q3 2023 | $273.9M | 43 |