Financial Advocates Investment Management

CIK

1730293

Location

OLYMPIA, WA

Portfolio Value

Small $174,875,666

Diversification

Diversified

Filing Date

Global Rank

#6,292 / 8,114 ▼ 4368 · as of Sep 2025

Top Industry

Consumer Electronics 45.3%

Period ended 1 year ago

Filed Nov 6, 2025 · 1y

23 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2025, never from the firm's own description.

Style

Concentrated

The top 10 positions are 67.7% of the book (60%+)

Turnover

Medium turnover

32.1% over the last four quarters (30% to under 100%)

Horizon

Long horizon

Value-weighted holding period 15.3 quarters (12+), a floor since 30.1% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 79.2%; sector active share 64.8% against the combined 13F book's sector weights.

Over time 23 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

104 tracked positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

27.6%

+4.6 pts

Top 5

50.9%

+11.3 pts

Top 10

67.7%

+17.0 pts

HHI

1,027

Diversified+371

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Unclassified	77.1%	$134,786,049	83
Technology	12.8%	$22,308,290	4
Financial Services	5.3%	$9,337,305	6
Communication Services	2.7%	$4,741,456	4
Consumer Cyclical	1.4%	$2,448,864	3
Consumer Defensive	0.3%	$544,270	1
Industrials	0.3%	$480,072	2
Energy	0.1%	$229,360	1

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

8 positions

Ticker	Company	Δ Shares	Shares	Value
BAI	BlackRock ETF Trust	+16,537	25,502	$871,148
AOM	iShares Core 40/60 Moderate Allocation ETF	+3,893	93,348	$4,441,497
VNQ	VANGUARD REAL ESTATE INDEX FUND	+3,805	14,009	$1,280,702
PSLV	Sprott Physical Silver Trust	+2,700	105,499	$1,656,334
HIMU		+2,202	7,946	$390,863
HELO	JPMorgan Hedged Equity Laddered Overlay ETF	+1,382	12,294	$799,110
OEF	iShares S&P 100 ETF	+414	6,106	$2,032,321
—		+342	71,608	$6,311,529
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
GOVT	iShares U.S. Treasury Bond ETF	−932,716	12,930	$298,941
IEMG	iShares Trust	−278,493	29,509	$0
CGDV	Capital Group Dividend Value ETF	−256,854	20,045	$842,491
NVDA	Nvidia Corp	−235,258	8,160	$1,522,492
IQDG	WisdomTree International Quality Dividend Growth Fund	−208,365	7,256	$289,369
AAPL	Apple Inc.	−150,768	71,372	$18,173,452
MBB	iShares MBS ETF	−150,499	15,174	$1,443,806
IVW	iShares S&P 500 Growth ETF	−135,930	24,989	$3,016,672
JGRO	JPMorgan Active Growth ETF	−130,981	41,414	$3,882,562
IGF	iShares Global Infrastructure ETF	−109,267	5,132	$313,667
COWZ	Pacer US Cash Cows 100 ETF	−101,898	22,885	$1,315,200
QUAL	iShares MSCI USA Quality Factor ETF	−100,274	12,028	$2,339,446
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	−94,852	49,253	$3,662,945
JPSE	JPMorgan Diversified Return U.S. Small Cap Equity ETF	−90,710	4,314	$214,880
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−82,738	12,358	$4,055,524
DFAC	Dimensional U.S. Core Equity 2 ETF	−72,604	8,488	$327,382
SCHG	Schwab U.S. Large-Cap Growth ETF	−69,016	13,794	$440,166
SPY	Spdr S&P 500 ETF Trust	−63,227	5,931	$3,951,113
SCHX	Schwab U.S. Large-Cap ETF	−59,476	9,595	$252,732
COWG	Pacer US Large Cap Cash Cows Growth Leaders ETF	−52,307	7,810	$283,503
AMZN	Amazon Com Inc	−50,834	6,391	$1,403,271
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	−50,479	3,358	$264,979
IVE	iShares S&P 500 Value ETF	−49,173	10,181	$2,102,478
MSFT	Microsoft Corp	−48,106	4,562	$2,362,887
SLV	iShares Silver Trust	−46,663	57,484	$2,435,597
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
ZROZ	PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund	22,499	$1,529,032
PHM	Pultegroup Inc	1,754	$231,756
IQLT	iShares MSCI Intl Quality Factor ETF	2,320	$102,520
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
IEFA	iShares Core MSCI EAFE ETF	299,399	$24,993,828
IUSG	iShares Core S&P U.S. Growth ETF	138,416	$20,817,766
IUSV	iShares Core S&P U.S. Value ETF	148,062	$14,011,107
—		129,678	$12,893,883
AXON	Axon Enterprise, Inc.	15,324	$12,687,352
SPYM	State Street(R) SPDR(R) Portfolio S&P 500(R) ETF	174,230	$12,664,778
IJH	iShares Core S&P Mid-Cap ETF	202,409	$12,553,406
IWM	iShares Russell 2000 ETF	54,255	$11,707,686
IJR	iShares Core S&P Small-Cap ETF	105,945	$11,578,729
SPHQ	Invesco S&P 500 Quality ETF	141,025	$10,049,441
SPYG	State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF	104,580	$9,968,565
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	172,588	$9,033,255
SPIB	State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF	207,863	$6,980,039
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	70,394	$5,837,070
SHOP	Shopify Inc.	49,679	$5,730,472
MSTR	Strategy Inc	13,011	$5,259,436
SPSB	State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF	173,962	$5,251,912
—		124,690	$5,153,437
VTIP	VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES INDEX FUND	102,200	$5,137,594
CAT	Caterpillar Inc	13,193	$5,121,654
AGG	iShares Core U.S. Aggregate Bond ETF	48,601	$4,821,219
MDYG	State Street(R) SPDR(R) S & P 400(TM) Mid Cap Growth ETF	55,022	$4,779,761
SLYV	State Street(R) SPDR(R) S & P 600(TM) Small Cap Value ETF	56,427	$4,500,617
AVDE	Avantis International Equity ETF	60,314	$4,463,839
BUFR	FT Vest Laddered Buffer ETF	138,682	$4,410,087
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

104 tracked positions · $174,875,666 total · filing declares 104 positions · $177,875,804 · as of Sep 30, 2025

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Industrials Technology

Showing 1–50 of 104 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	71,372	-150,768	$18,173,452	−60.1%	15	$186.63	10.39%
GLD	Spdr Gold Trust	Reduced	21,837	-32,721	$7,762,398	−53.3%	10	$191.78	4.44%
		Added	71,608	+342	$6,311,529	+6.2%	11	$72.04	3.61%
MINT	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund	Reduced	59,889	-13,184	$6,030,223	−17.9%	2	$100.30	3.45%
IVV	iShares Core S&P 500 ETF	Reduced	8,485	-14,594	$5,679,010	−60.4%	23+	before history	3.25%
IUSB	iShares Core Universal USD Bond ETF	Reduced	101,424	-26,392	$4,737,515	−19.8%	21	unpriced	2.71%
XLG	Victory Portfolios II	Reduced	80,409	-6,554	$4,625,125	+2.1%	22	unpriced	2.64%
PTLC	Pacer Trendpilot US Large Cap ETF	Reduced	82,362	-25,182	$4,510,143	−17.4%	23+	before history	2.58%
AOM	iShares Core 40/60 Moderate Allocation ETF	Added	93,348	+3,893	$4,441,497	+7.8%	12	unpriced	2.54%
ITA	iShares U.S. Aerospace & Defense ETF	Reduced	19,979	-375	$4,180,803	+8.9%	21	unpriced	2.39%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	12,358	-82,738	$4,055,524	−86.0%	15	unpriced	2.32%
SPY	Spdr S&P 500 ETF Trust	Reduced	5,931	-63,527	$3,951,113	−90.8%	8	$461.25	2.26%
JGRO	JPMorgan Active Growth ETF	Reduced	41,414	-130,981	$3,882,562	−73.8%	9	$67.07	2.22%
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	Reduced	49,253	-94,852	$3,662,945	−65.5%	23+	before history	2.09%
SPMO	Invesco Ltd. Financial Services	Reduced	30,187	-4,759	$3,654,438	−7.0%	12	$70.06	2.09%
VPU	VANGUARD UTILITIES INDEX FUND	Reduced	16,395	-1,325	$3,105,376	−0.7%	7	unpriced	1.78%
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Reduced	50,979	-1,268	$3,017,956	+6.1%	7	$43.31	1.73%
IVW	iShares S&P 500 Growth ETF	Reduced	24,989	-135,930	$3,016,672	−83.0%	23+	before history	1.73%
QQQM	Invesco Ltd. Financial Services	Reduced	12,012	-4,094	$2,968,405	−18.8%	16	$181.34	1.70%
MUB	iShares National Muni Bond ETF	Reduced	27,564	-20,500	$2,935,290	−41.5%	23+	before history	1.68%
		Reduced	79,724	-1,050	$2,769,213	+5.7%	23+	before history	1.58%
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	Reduced	51,395	-6,495	$2,725,476	−10.8%	6	unpriced	1.56%
EFV	iShares MSCI EAFE Value ETF	Reduced	37,332	-3,114	$2,532,229	−1.4%	6	unpriced	1.45%
SLV	iShares Silver Trust	Reduced	57,484	-48,163	$2,435,597	−29.7%	10	$22.35	1.39%
MSFT	Microsoft Corp Technology	Reduced	4,562	-48,206	$2,362,887	−91.0%	23+	before history	1.35%
IEF	iShares 7-10 Year Treasury Bond ETF	Reduced	24,395	-23,639	$2,353,141	−48.8%	23+	before history	1.35%
QUAL	iShares MSCI USA Quality Factor ETF	Reduced	12,028	-100,274	$2,339,446	−88.6%	23+	before history	1.34%
IVE	iShares S&P 500 Value ETF	Reduced	10,181	-49,173	$2,102,478	−81.9%	23+	before history	1.20%
USMV	iShares MSCI USA Min Vol Factor ETF	Reduced	21,568	-13,112	$2,051,979	−37.0%	23+	before history	1.17%
OEF	iShares S&P 100 ETF	Added	6,106	+414	$2,032,321	+17.3%	10	unpriced	1.16%
META	Meta Platforms, Inc. Communication Services	Reduced	2,343	-4,699	$1,720,652	−66.9%	15	$211.30	0.98%
GOOG	Alphabet Inc. Communication Services	Reduced	7,052	-10,001	$1,717,514	−43.2%	23+	before history	0.98%
PSLV	Sprott Physical Silver Trust Financial Services	Added	105,499	+2,700	$1,656,334	+31.6%	17	$9.37	0.95%
ZROZ	PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund	NEW	22,499	NEW	$1,529,032	NEW	1	$65.50	0.87%
NVDA	Nvidia Corp Technology	Reduced	8,160	-235,258	$1,522,492	−96.0%	23+	before history	0.87%
MBB	iShares MBS ETF	Reduced	15,174	-150,499	$1,443,806	−90.7%	20	unpriced	0.83%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	6,391	-51,734	$1,403,271	−89.0%	10	$116.57	0.80%
STIP	iShares 0-5 Year TIPS Bond ETF	Reduced	13,137	-9,622	$1,357,840	−42.0%	18	unpriced	0.78%
COWZ	Pacer US Cash Cows 100 ETF	Reduced	22,885	-101,898	$1,315,200	−80.9%	16	$48.76	0.75%
VNQ	VANGUARD REAL ESTATE INDEX FUND	Added	14,009	+3,805	$1,280,702	+40.9%	18	$95.17	0.73%
GDX	VanEck Gold Miners ETF	Reduced	16,749	-8,177	$1,279,623	−1.4%	8	unpriced	0.73%
THRO		Reduced	33,078	-236	$1,252,333	+5.7%	3	$33.15	0.72%
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Reduced	8,265	-5,942	$1,164,951	−38.5%	23+	before history	0.67%
BINC		Reduced	20,628	-6,096	$1,098,234	−22.2%	7	$52.40	0.63%
VXUS	Vanguard Total International Stock ETF	Reduced	14,356	-1,074	$1,054,591	−1.1%	23+	before history	0.60%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	Reduced	7,519	-8,421	$1,046,419	−51.3%	23+	before history	0.60%
VB	Vanguard Index Funds	Reduced	4,100	-14,261	$1,042,548	−76.0%	23+	before history	0.60%
GOOGL	Alphabet Inc. Communication Services	Reduced	4,286	-21,079	$1,041,926	−76.7%	23+	before history	0.60%
MGK	VANGUARD MEGA CAP GROWTH INDEX FUND	Reduced	2,381	-1,049	$958,162	−23.7%	13	unpriced	0.55%
IAU	Ishares Gold Trust	Reduced	13,084	-17,248	$952,122	−49.7%	23+	before history	0.54%

Showing the top 50 of 104 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.