Financial Advocates Investment Management
CIK
1730293
Location
OLYMPIA, WA
Portfolio Value
Micro
$47,609,214
Diversification
Moderately concentrated
Filing Date
Global Rank
#6,601
/ 7,976
▼ 3953
Top Industry
Consumer Electronics
57.7%
3Y Alpha vs SPY
-2.9%
Period ended 9 months ago
Filed Nov 6, 2025 · 7mo
23 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+64.0%
SPY
+76.3%
Annualised alpha
-2.9%
Max drawdown
−20.4%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
24 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025Top Position
38.2%
+27.7 pts
Top 5
72.9%
+33.9 pts
Top 10
88.3%
+37.1 pts
HHI
1,905
Moderately concentrated+1,518
Portfolio Trend
23 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2025| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 46.9% | $22,308,290 |
| Unclassified | 33.8% | $16,095,182 |
| Communication Services | 5.9% | $2,788,714 |
| Financial Services | 5.7% | $2,714,462 |
| Consumer Cyclical | 5.1% | $2,448,864 |
| Consumer Defensive | 1.1% | $544,270 |
| Industrials | 1.0% | $480,072 |
| Energy | 0.5% | $229,360 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| PSLV | Sprott Physical Silver Trust | +2,700 | 105,499 | $1,656,334 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
22 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NVDA | Nvidia Corp | −235,258 | 8,160 | $1,522,492 | |
| AAPL | Apple Inc. | −150,768 | 71,372 | $18,173,452 | |
| SPY | Spdr S&P 500 ETF Trust | −63,527 | 5,931 | $3,951,113 | |
| AMZN | Amazon Com Inc | −51,734 | 6,391 | $1,403,271 | |
| MSFT | Microsoft Corp | −48,206 | 4,562 | $2,362,887 | |
| SLV | iShares Silver Trust | −48,163 | 57,484 | $2,435,597 | |
| TSLA | Tesla, Inc. | −40,407 | 1,830 | $813,837 | |
| GLD | Spdr Gold Trust | −32,721 | 21,837 | $7,762,398 | |
| GOOGL | Alphabet Inc. | −21,079 | 4,286 | $1,041,926 | |
| IAU | Ishares Gold Trust | −17,248 | 13,084 | $952,122 | |
| QQQ | Invesco Qqq Trust, Series 1 | −15,110 | 1,102 | $661,607 | |
| V | Visa Inc. | −13,676 | 1,431 | $488,514 | |
| BRK-B | Berkshire Hathaway Inc | −6,057 | 711 | $357,448 | |
| RTX | RTX Corp | −4,717 | 1,397 | $233,760 | |
| META | Meta Platforms, Inc. | −4,699 | 2,343 | $1,720,652 | |
| ORCL | Oracle Corp | −4,389 | 887 | $249,459 | |
| COST | Costco Wholesale Corp /New | −3,701 | 588 | $544,270 | |
| IBIT | iShares Bitcoin Trust ETF | −1,774 | 5,113 | $332,345 | |
| CTAS | Cintas Corp | −1,736 | 1,200 | $246,312 | |
| MA | Mastercard Inc | −1,719 | 373 | $212,166 | |
| NFLX | Netflix Inc | −1,584 | 218 | $26,136 | |
| MPC | Marathon Petroleum Corp | −647 | 1,190 | $229,360 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| PHM | Pultegroup Inc/Mi/ | 1,754 | $231,756 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AXON | Axon Enterprise, Inc. | 15,324 | $12,687,352 | |
| SHOP | Shopify Inc. | 49,679 | $5,730,472 | |
| MSTR | Strategy Inc | 13,011 | $5,259,436 | |
| CAT | Caterpillar Inc | 13,193 | $5,121,654 | |
| PLTR | Palantir Technologies Inc. | 30,829 | $4,202,609 | |
| LLY | ELI LILLY & Co | 5,144 | $4,009,902 | |
| JPM | Jpmorgan Chase & Co | 13,604 | $3,943,935 | |
| CVX | Chevron Corp | 21,913 | $3,137,722 | |
| ABBV | AbbVie Inc. | 16,633 | $3,087,417 | |
| AVGO | Broadcom Inc. | 10,503 | $2,895,151 | |
| UNP | Union Pacific Corp | 11,187 | $2,573,904 | |
| PG | PROCTER & GAMBLE Co | 12,900 | $2,055,228 | |
| CRWD | CrowdStrike Holdings, Inc. | 3,956 | $2,014,830 | |
| AMD | Advanced Micro Devices Inc | 13,469 | $1,911,251 | |
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | 8,361 | $1,893,682 | |
| CSCO | Cisco Systems, Inc. | 27,031 | $1,875,410 | |
| PHYS | Sprott Physical Gold Trust | 73,199 | $1,855,594 | |
| CRM | Salesforce, Inc. | 6,593 | $1,797,845 | |
| FISV | Fiserv Inc | 10,187 | $1,756,340 | |
| CARR | CARRIER GLOBAL Corp | 23,551 | $1,723,697 | |
| BROS | Dutch Bros Inc. | 24,110 | $1,648,400 | |
| MCD | Mcdonalds Corp | 5,273 | $1,540,612 | |
| HD | Home Depot, Inc. | 4,172 | $1,529,622 | |
| JNJ | Johnson & Johnson | 9,910 | $1,513,752 | |
| KO | Coca Cola Co | 20,830 | $1,473,722 | |
| No positions match the current search. | ||||
24 positions ·
$47,609,214 total
· as of Sep 30, 2025
All sectors
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Industrials
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| AAPL |
Apple Inc.
Technology
|
Reduced | 71,372 | $18,173,452 | 38.17% | |
| GLD |
Spdr Gold Trust
|
Reduced | 21,837 | $7,762,398 | 16.30% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 5,931 | $3,951,113 | 8.30% | |
| SLV |
iShares Silver Trust
|
Reduced | 57,484 | $2,435,597 | 5.12% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 4,562 | $2,362,887 | 4.96% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 2,343 | $1,720,652 | 3.61% | |
| PSLV |
Sprott Physical Silver Trust
Financial Services
|
Added | 105,499 | $1,656,334 | 3.48% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 8,160 | $1,522,492 | 3.20% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 6,391 | $1,403,271 | 2.95% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 4,286 | $1,041,926 | 2.19% | |
| IAU |
Ishares Gold Trust
|
Reduced | 13,084 | $952,122 | 2.00% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Reduced | 1,830 | $813,837 | 1.71% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Reduced | 1,102 | $661,607 | 1.39% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Reduced | 588 | $544,270 | 1.14% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 1,431 | $488,514 | 1.03% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 711 | $357,448 | 0.75% | |
| IBIT |
iShares Bitcoin Trust ETF
|
Reduced | 5,113 | $332,345 | 0.70% | |
| ORCL |
Oracle Corp
Technology
|
Reduced | 887 | $249,459 | 0.52% | |
| CTAS |
Cintas Corp
Industrials
|
Reduced | 1,200 | $246,312 | 0.52% | |
| RTX |
RTX Corp
Industrials
|
Reduced | 1,397 | $233,760 | 0.49% | |
| PHM |
Pultegroup Inc/Mi/
Consumer Cyclical
|
NEW | 1,754 | $231,756 | 0.49% | |
| MPC |
Marathon Petroleum Corp
Energy
|
Reduced | 1,190 | $229,360 | 0.48% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 373 | $212,166 | 0.45% | |
| NFLX |
Netflix Inc
Communication Services
|
Reduced | 218 | $26,136 | 0.05% |