# Financial Strategies Group, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1774343. Source: https://holderbook.com/funds/1774343-financial-strategies-group-inc/

- Reported value: $627.6M
- Positions: 100
- Weight of the ten largest: 53.6%
- Filed: 2026-08-11

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 |
|---|---|---|---|---|---|
| SPDR SERIES TRUST | [SPTM](https://holderbook.com/stocks/SPTM/) | $70.9M | 779,808 | 11.3% | 27 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $53.3M | 2,113,953 | 8.5% | 27 |
| FIDELITY COVINGTON TRUST | [FENI](https://holderbook.com/stocks/FENI/) | $50.0M | 1,245,191 | 8.0% | 4 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $30.1M | 668,475 | 4.8% | 6 |
| SCHWAB STRATEGIC TR | [FNDX](https://holderbook.com/stocks/FNDX/) | $29.8M | 942,592 | 4.7% | 18 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $29.4M | 442,361 | 4.7% | 26 |
| SPDR SERIES TRUST | [SLYV](https://holderbook.com/stocks/SLYV/) | $20.6M | 188,300 | 3.3% | 27 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $19.8M | 215,692 | 3.2% | 1 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $16.8M | 327,729 | 2.7% | 27 |
| PACER FDS TR | [PSFF](https://holderbook.com/stocks/PSFF/) | $15.7M | 456,621 | 2.5% | 10 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $14.4M | 58,255 | 2.3% | 26 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $14.4M | 69,949 | 2.3% | 21 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $14.4M | 29,330 | 2.3% | 18 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $13.4M | 38,773 | 2.1% | 22 |
| FACTSET RESH SYS INC | [FDS](https://holderbook.com/stocks/FDS/) | $12.7M | 51,249 | 2.0% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $12.3M | 35,740 | 2.0% | 23 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $11.8M | 33,347 | 1.9% | 8 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $11.4M | 55,406 | 1.8% | 13 |
| BERKLEY W R CORP | [WRB](https://holderbook.com/stocks/WRB/) | $11.4M | 157,294 | 1.8% | 12 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $11.1M | 222,912 | 1.8% | 14 |
| ISHARES TR | [ISCF](https://holderbook.com/stocks/ISCF/) | $10.1M | 231,225 | 1.6% | 14 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $10.1M | 27,040 | 1.6% | 16 |
| SPDR SERIES TRUST | [SLYG](https://holderbook.com/stocks/SLYG/) | $9.7M | 83,841 | 1.5% | 27 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $9.4M | 62,185 | 1.5% | 27 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.3M | 28,491 | 1.5% | 27 |
| PULTE GROUP INC | [PHM](https://holderbook.com/stocks/PHM/) | $8.9M | 71,627 | 1.4% | 6 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $8.7M | 86,079 | 1.4% | 12 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $7.4M | 18,556 | 1.2% | 27 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $7.2M | 48,826 | 1.2% | 27 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $6.7M | 153,188 | 1.1% | 25 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $6.4M | 47,177 | 1.0% | 22 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $4.3M | 11,565 | 0.7% | 23 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $4.2M | 54,944 | 0.7% | 27 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $3.6M | 37,000 | 0.6% | 25 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $3.2M | 43,739 | 0.5% | 24 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $3.0M | 60,045 | 0.5% | 26 |
| PIMCO ETF TR | [MINT](https://holderbook.com/stocks/MINT/) | $2.8M | 27,781 | 0.4% | 27 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $2.7M | 24,972 | 0.4% | 19 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $2.4M | 69,172 | 0.4% | 18 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $2.0M | 34,688 | 0.3% | 24 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $1.7M | 15,628 | 0.3% | 26 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.5M | 21,434 | 0.2% | 24 |
| WARRIOR MET COAL INC | [HCC](https://holderbook.com/stocks/HCC/) | $1.5M | 18,791 | 0.2% | 10 |
| VANGUARD ADMIRAL FDS INC | [VIOV](https://holderbook.com/stocks/VIOV/) | $1.5M | 12,562 | 0.2% | 24 |
| FIRST TR EXCHNG TRADED FD VI | [BUFD](https://holderbook.com/stocks/BUFD/) | $1.5M | 49,347 | 0.2% | 17 |
| ENOVA INTL INC | [ENVA](https://holderbook.com/stocks/ENVA/) | $1.4M | 6,257 | 0.2% | 4 |
| DAVITA INC | [DVA](https://holderbook.com/stocks/DVA/) | $1.3M | 5,355 | 0.2% | 9 |
| LITHIA MTRS INC | [LAD](https://holderbook.com/stocks/LAD/) | $1.3M | 3,831 | 0.2% | 8 |
| SELECTIVE INS GROUP INC | [SIGI](https://holderbook.com/stocks/SIGI/) | $1.3M | 12,757 | 0.2% | 9 |
| NMI HLDGS INC | [NMIH](https://holderbook.com/stocks/NMIH/) | $1.2M | 29,558 | 0.2% | 10 |
| ALPHA METALLURGICAL RESOUR I | [AMR](https://holderbook.com/stocks/AMR/) | $1.2M | 8,647 | 0.2% | 9 |
| KINSALE CAP GROUP INC | [KNSL](https://holderbook.com/stocks/KNSL/) | $1.2M | 3,560 | 0.2% | 9 |
| ASBURY AUTOMOTIVE GROUP INC | [ABG](https://holderbook.com/stocks/ABG/) | $1.2M | 5,583 | 0.2% | 8 |
| BJS WHSL CLUB HLDGS INC | [BJ](https://holderbook.com/stocks/BJ/) | $1.1M | 12,446 | 0.2% | 10 |
| GROUP 1 AUTOMOTIVE INC | [GPI](https://holderbook.com/stocks/GPI/) | $1.1M | 3,573 | 0.2% | 8 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $1.1M | 22,002 | 0.2% | 27 |
| FIRST TR EXCH TRADED FD III | [FMB](https://holderbook.com/stocks/FMB/) | $1.1M | 21,567 | 0.2% | 27 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.0M | 12,581 | 0.2% | 11 |
| ENACT HLDGS INC | [ACT](https://holderbook.com/stocks/ACT/) | $977.4K | 21,477 | 0.2% | 9 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $968.1K | 19,396 | 0.2% | 27 |
| SPDR SERIES TRUST | [SHM](https://holderbook.com/stocks/SHM/) | $947.9K | 19,842 | 0.2% | 18 |
| TENET HEALTHCARE CORP | [THC](https://holderbook.com/stocks/THC/) | $910.0K | 4,631 | 0.1% | 9 |
| AUTONATION INC | [AN](https://holderbook.com/stocks/AN/) | $890.0K | 4,484 | 0.1% | 8 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $874.2K | 6,365 | 0.1% | 11 |
| J P MORGAN EXCHANGE TRADED F | [JMUB](https://holderbook.com/stocks/JMUB/) | $778.2K | 15,536 | 0.1% | 17 |
| MGIC INVT CORP WIS | [MTG](https://holderbook.com/stocks/MTG/) | $723.0K | 24,847 | 0.1% | 9 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $710.0K | 3,425 | 0.1% | 10 |
| CORE NATURAL RESOURCES INC | [CNR](https://holderbook.com/stocks/CNR/) | $668.7K | 7,934 | 0.1% | 6 |
| EAGLE MATLS INC | [EXP](https://holderbook.com/stocks/EXP/) | $641.4K | 3,129 | 0.1% | 9 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $602.8K | 3,673 | 0.1% | 11 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $540.1K | 1,556 | 0.1% | 9 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $441.1K | 587 | 0.1% | 25 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $432.9K | 2,302 | 0.1% | 6 |
| FIDELITY COVINGTON TRUST | [FEMR](https://holderbook.com/stocks/FEMR/) | $407.2K | 10,099 | 0.1% | 2 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $406.3K | 5,124 | 0.1% | 15 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $402.7K | 3,648 | 0.1% | 23 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $383.9K | 513 | 0.1% | 13 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $376.0K | 584 | 0.1% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $373.9K | 1,492 | 0.1% | 4 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $372.1K | 4,540 | 0.1% | 27 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $349.1K | 2,765 | 0.1% | 27 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $318.9K | 4,004 | 0.1% | 12 |
| SPDR SERIES TRUST | [SPIP](https://holderbook.com/stocks/SPIP/) | $315.0K | 12,456 | 0.1% | 12 |
| ISHARES TR | [AOA](https://holderbook.com/stocks/AOA/) | $269.3K | 2,784 | 0.0% | 26 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $266.4K | 1,880 | 0.0% | 5 |
| CMS ENERGY CORP | [CMS](https://holderbook.com/stocks/CMS/) | $262.0K | 3,614 | 0.0% | 11 |
| VANGUARD ADMIRAL FDS INC | [VIOG](https://holderbook.com/stocks/VIOG/) | $248.7K | 1,665 | 0.0% | 5 |
| CAPITAL GRP FIXED INCM ETF T | [CGMS](https://holderbook.com/stocks/CGMS/) | $240.1K | 8,819 | 0.0% | 2 |
| SSGA ACTIVE ETF TR | [TOTL](https://holderbook.com/stocks/TOTL/) | $236.3K | 6,070 | 0.0% | 18 |
| GRANITESHARES GOLD TR | [BAR](https://holderbook.com/stocks/BAR/) | $235.3K | 5,851 | 0.0% | 22 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $228.5K | 4,009 | 0.0% | 2 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $228.0K | 590 | 0.0% | 2 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $225.5K | 3,090 | 0.0% | 2 |
| SSGA ACTIVE TR | [STOT](https://holderbook.com/stocks/STOT/) | $225.0K | 4,800 | 0.0% | 2 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $222.7K | 2,586 | 0.0% | 4 |
| ISHARES TR | [AOR](https://holderbook.com/stocks/AOR/) | $212.5K | 3,097 | 0.0% | 1 |
| PROFESIONALLY MANAGED PORTFO | [AKRE](https://holderbook.com/stocks/AKRE/) | $210.6K | 3,844 | 0.0% | 3 |
| DTE ENERGY CO | [DTE](https://holderbook.com/stocks/DTE/) | $210.5K | 1,451 | 0.0% | 2 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $209.5K | 3,394 | 0.0% | 3 |
| DIMENSIONAL ETF TRUST | [DFAX](https://holderbook.com/stocks/DFAX/) | $203.7K | 5,586 | 0.0% | 2 |

## 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 | +7.3% | +14.8% | -7.5% | 96% |
| Q1 2026 | -1.4% | -4.6% | +3.3% | 99% |
| Q4 2025 | +2.1% | +2.4% | -0.3% | 100% |
| Q3 2025 | +5.8% | +7.8% | -2.0% | 100% |
| Q2 2025 | +5.1% | +10.5% | -5.4% | 104% |
| Q1 2025 | +0.4% | -4.6% | +4.9% | 101% |
| Q4 2024 | -2.1% | +2.1% | -4.3% | 110% |
| Q3 2024 | +6.1% | +5.4% | +0.7% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $627.6M | 100 |
| Q1 2026 | $597.8M | 101 |
| Q4 2025 | $552.4M | 94 |
| Q3 2025 | $524.6M | 93 |
| Q2 2025 | $479.4M | 93 |
| Q1 2025 | $422.9M | 92 |
| Q4 2024 | $418.0M | 96 |
| Q3 2024 | $426.8M | 96 |
| Q2 2024 | $397.7M | 96 |
| Q1 2024 | $372.1M | 80 |
| Q4 2023 | $349.7M | 77 |
| Q3 2023 | $317.0M | 75 |