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Advance Capital Management, Inc. — 13F Holdings & Portfolio

CIK 1536029 · latest 13F-HR filed 2026-08-13

Backtest portfolio

Advance Capital Management, Inc. manages $3.09B in 13F-reported U.S. long-equity assets across 197 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are CGDV (16.98%), CGBL (14.77%), SPYM (14.67%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 28 new positions and exited 16; 115 existing positions rose in reported value and 23 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$3.09B

Long-equity book

Holdings
197

Distinct positions

Period
2026-06-30

Filed 2026-08-13

Q/Q Activity
+28 / −16 / ↑115 / ↓23

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
CGDV17.0% · +5%CGBL14.8% · +1%SPYM14.7% · -2%VCRB9.6% · +4%PYLD6.5% · +6%AVDE5.3% · +7%CGGR4.3% · -0%FMDE4.3% · newSMLF4.3% · -4%JMBS2.6% · +2%FEGE2.5% · +10%RDVY1.3% · +552%SPMO1.1% · -11%SPY1.0% · +4%DFEB0.7% · +2%XMMO0.5% · -50%IWB0.5% · +0%GLTR0.4% · +27%SPGM0.4% · +2%ICVT0.4% · -7%JAAA0.4% · +2%HYBL0.4% · +10%VFLO0.4% · -0%AAPL0.3% · +12%LECO0.3% · newSPSM0.3% · 0%CGDG0.2% · -4%SPMD0.2% · +2%PGR0.2% · +0%QQQ0.2% · +0%NVDA0.2% · -6%SCHG0.2% · -90%FMB0.2% · +11%GLD0.1% · -3%MSFT0.1% · +15%T0.1% · +68%VUG0.1% · +535%LLY0.1% · +459%VOO0.1% · -5%AEE0.1% · newWELL0.1% · -0%CGCB0.1% · -19%GOOGL0.1% · -3%IVV0.1% · +4%TSLA0.1% · +0%SPYG0.1% · -10%AMGN0.1% · +1%CGGO0.1% · +8%SPTM0.1% · +0%AMZN0.1% · -18%ORCL0.1% · +4%BITB0.1% · +3%FVD0.1% · +7%IBDU0.1% · +6%VTI0.1% · +14%GOOG0.0% · -2%IBDT0.0% · +1%INTC0.0% · +14%UPS0.0% · +99%VTV0.0% · +8%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 83.3%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 26, 2026.

Assets Under Management
$4.98B
Discretionary
$4.90B
Employees
62
Accounts
14,835
Address
ONE TOWNE SQUARE
SUITE 444
SOUTHFIELD, MI 48076
Phone
(248) 350-8543
Website
This firm reports 4 disclosure items on its registration.
Name Title / Status Ownership Type
ADVANCE CAPITAL GROUP, INC. ControlHOLDING CO. OWNER
since Aug 1986
50–75%Domestic Entity
KATYNSKI, JULIE, ANN ControlCHIEF FINANCIAL OFFICER
since Oct 2004
Less than 5%Individual
KLEBER, ROBERT, LAWRENCE ControlTRUSTEE
since Oct 2020
Less than 5%Individual
KOSTIZ, CHRISTOPHER, MICHAEL ControlPRESIDENT
since Oct 2004
Less than 5%Individual
MALONE, GERALD, WALKER ControlTRUSTEE
since Oct 2020
Less than 5%Individual
RATHKA, RAYMOND, AUGUST ControlTRUSTEE
since Aug 1986
10–25%Individual
THEISEN, JOSEPH, ROBERT ControlVICE PRESIDENT
since Oct 2010
Less than 5%Individual
GARDNER, ELIZABETH, COLLEENCHIEF COMPLIANCE OFFICER
since Jun 2025
Less than 5%Individual
LAWRENCE, STEPHANIE, ANNCHIEF OPERATIONS OFFICER
since Jan 2025
Less than 5%Individual
ADVANCE CAPITAL GROUP INC., EMPLOYEE STOCK OWNERSHIP PLAN Control
Indirect owner via ADVANCE CAPITAL GROUP, INC.
ESOP
since Mar 2007
75% or moreDomestic Entity
RATHKA, RAYMOND, AUGUST Control
Indirect owner via ADVANCE CAPITAL GROUP INC., EMPLOYEE STOCK OWNERSHIP PLAN
SHAREHOLDER
since Aug 1986
General partner, trustee or managerIndividual
Ownership & leadership changes · 9 filings with changes since Mar 28, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 26, 2026 filing
  • ChangedADVANCE CAPITAL GROUP INC., EMPLOYEE STOCK OWNERSHIP PLAN · indirect via ADVANCE CAPITAL GROUP, INC.: ownership 50–75% → 75% or more
Jun 20, 2025 filing
  • No longer listedHARKLEROAD, KATHY, JO · CHIEF OPERATIONS OFFICER & CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Oct 2004
  • AddedGARDNER, ELIZABETH, COLLEEN · CHIEF COMPLIANCE OFFICER · Less than 5%
  • AddedLAWRENCE, STEPHANIE, ANN · CHIEF OPERATIONS OFFICER · Less than 5%
Jun 3, 2024 filing
  • No longer listedCAPPELLI, ROBERT, JOSEPH · TRUSTEE · Less than 5% · control person · listed since Apr 2006
  • No longer listedSHOEMAKER, JOHN, CALVIN · TRUSTEE · Less than 5% · control person · listed since Apr 2006
Mar 11, 2024 filing
  • No longer listedRATHKA, RAYMOND, AUGUST · SHAREHOLDER · General partner, trustee or manager · indirect via ADVANCE CAPITAL GROUP, INC · control person · listed since Aug 1986
  • AddedRATHKA, RAYMOND, AUGUST · SHAREHOLDER · General partner, trustee or manager · indirect via ADVANCE CAPITAL GROUP INC., EMPLOYEE STOCK OWNERSHIP PLAN · control person
  • Listed againCAPPELLI, ROBERT, JOSEPH · TRUSTEE · Less than 5% · control person
  • Listed againSHOEMAKER, JOHN, CALVIN · TRUSTEE · Less than 5% · control person
  • ChangedADVANCE CAPITAL GROUP, INC. · ownership 75% or more → 50–75%
  • ChangedRATHKA, RAYMOND, AUGUST · ownership Less than 5% → 10–25%
Jan 31, 2023 filing
  • No longer listedMARRIOTT, TODD, ALLAN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Apr 2021
  • ChangedHARKLEROAD, KATHY, JO · title CHIEF OPERATIONS OFFICER → CHIEF OPERATIONS OFFICER & CHIEF COMPLIANCE OFFICER
Mar 31, 2022 filing
  • No longer listedCAPPELLI, ROBERT, JOSEPH · DIRECTOR · Less than 5% · control person · listed since Jan 1987
  • No longer listedCAPPELLI, ROBERT, JOSEPH · SHAREHOLDER · General partner, trustee or manager · indirect via ADVANCE CAPITAL GROUP, INC. · control person · listed since Aug 1986
  • No longer listedSHOEMAKER, JOHN, CALVIN · DIRECTOR · Less than 5% · control person · listed since Aug 1986
  • No longer listedSHOEMAKER, JOHN, CALVIN · SHAREHOLDER · General partner, trustee or manager · indirect via ADVANCE CAPITAL GROUP · control person · listed since Aug 1986
  • AddedKLEBER, ROBERT, LAWRENCE · TRUSTEE · Less than 5% · control person
  • AddedMALONE, GERALD, WALKER · TRUSTEE · Less than 5% · control person
  • ChangedRATHKA, RAYMOND, AUGUST · title DIRECTOR → TRUSTEE
Mar 31, 2021 filing
  • AddedMARRIOTT, TODD, ALLAN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedHARKLEROAD, KATHY, JO · title CHIEF COMPLIANCE OFFICER → CHIEF OPERATIONS OFFICER
Mar 28, 2019 filing
  • ChangedADVANCE CAPITAL GROUP INC., EMPLOYEE STOCK OWNERSHIP PLAN · indirect via ADVANCE CAPITAL GROUP, INC.: ownership 25–50% → 50–75%
Mar 30, 2015 filing
  • ChangedADVANCE CAPITAL GROUP INC., EMPLOYEE STOCK OWNERSHIP PLAN · indirect via ADVANCE CAPITAL GROUP, INC.: ownership General partner, trustee or manager → 25–50%; now a control person
  • ChangedCAPPELLI, ROBERT, JOSEPH · indirect via ADVANCE CAPITAL GROUP, INC.: ownership 25–50% → General partner, trustee or manager
  • ChangedKATYNSKI, JULIE, ANN · title VICE PRESIDENT → CHIEF FINANCIAL OFFICER
  • ChangedRATHKA, RAYMOND, AUGUST · indirect via ADVANCE CAPITAL GROUP, INC: ownership 25–50% → General partner, trustee or manager
  • ChangedSHOEMAKER, JOHN, CALVIN · indirect via ADVANCE CAPITAL GROUP: ownership 25–50% → General partner, trustee or manager
Mar 28, 2012 filing (earliest on record)
  • ListedADVANCE CAPITAL GROUP INC., EMPLOYEE STOCK OWNERSHIP PLAN · ESOP · General partner, trustee or manager · indirect via ADVANCE CAPITAL GROUP, INC.
  • ListedADVANCE CAPITAL GROUP, INC. · HOLDING CO. OWNER · 75% or more · control person
  • ListedCAPPELLI, ROBERT, JOSEPH · DIRECTOR · Less than 5% · control person
  • ListedCAPPELLI, ROBERT, JOSEPH · SHAREHOLDER · 25–50% · indirect via ADVANCE CAPITAL GROUP, INC. · control person
  • ListedHARKLEROAD, KATHY, JO · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ListedKATYNSKI, JULIE, ANN · VICE PRESIDENT · Less than 5% · control person
  • ListedKOSTIZ, CHRISTOPHER, MICHAEL · PRESIDENT · Less than 5% · control person
  • ListedRATHKA, RAYMOND, AUGUST · DIRECTOR · Less than 5% · control person
  • ListedRATHKA, RAYMOND, AUGUST · SHAREHOLDER · 25–50% · indirect via ADVANCE CAPITAL GROUP, INC · control person
  • ListedSHOEMAKER, JOHN, CALVIN · DIRECTOR · Less than 5% · control person
  • ListedSHOEMAKER, JOHN, CALVIN · SHAREHOLDER · 25–50% · indirect via ADVANCE CAPITAL GROUP · control person
  • ListedTHEISEN, JOSEPH, ROBERT · VICE PRESIDENT · Less than 5% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Advance Capital Management, Inc. Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 CAPITAL GROUP DIVIDEND VALUE CGDV 14020W106 $525.2M 16.98% 10,657,305 SH
2 CAPITAL GROUP CORE BALANCED CGBL 14021D107 $457.1M 14.77% 12,041,305 SH
3 SPDR SERIES TRUST SPYM 78464A854 $453.8M 14.67% 5,164,150 SH
4 VANGUARD MALVERN FDS VCRB 922020748 $297.7M 9.62% 3,854,514 SH
5 PIMCO ETF TR PYLD 72201R585 $200.8M 6.49% 7,572,736 SH
6 AMERICAN CENTY ETF TR AVDE 025072703 $165.4M 5.35% 1,854,102 SH
7 CAPITAL GROUP GROWTH ETF CGGR 14020G101 $134.4M 4.34% 2,846,782 SH
8 FIDELITY COVINGTON TRUST FMDE 31609A503 $132.0M 4.27% 3,252,118 SH
9 ISHARES TR SMLF 46434V290 $131.6M 4.25% 1,476,512 SH
10 JANUS DETROIT STR TR JMBS 47103U852 $80.5M 2.60% 1,789,564 SH
11 RBB FUND TRUST FEGE 75526L886 $78.2M 2.53% 1,598,249 SH
12 FIRST TR EXCHANGE TRADED FD RDVY 33738R506 $38.8M 1.25% 478,374 SH
13 INVESCO EXCH TRADED FD TR II SPMO 46138E339 $33.2M 1.07% 205,771 SH
14 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $31.6M 1.02% 42,304 SH
15 FIRST TR EXCHNG TRADED FD VI DFEB 33740F771 $21.8M 0.70% 431,637 SH
16 INVESCO EXCHANGE TRADED FD T XMMO 46137V464 $15.8M 0.51% 92,765 SH
17 ISHARES TR IWB 464287622 $14.1M 0.46% 34,538 SH
18 ABRDN PRECIOUS METALS BASKET GLTR 003263100 $13.4M 0.43% 73,905 SH
19 SPDR INDEX SHS FDS SPGM 78463X475 $12.6M 0.41% 147,537 SH
20 ISHARES TR ICVT 46435G102 $12.5M 0.40% 102,709 SH
21 JANUS DETROIT STR TR JAAA 47103U845 $11.6M 0.37% 229,047 SH
22 SSGA ACTIVE TR HYBL 78470P846 $11.5M 0.37% 410,330 SH
23 VICTORY PORTFOLIOS II VFLO 92647X830 $11.3M 0.37% 247,922 SH
24 APPLE INC AAPL 037833100 $10.2M 0.33% 35,225 SH
25 LINCOLN ELEC HLDGS INC LECO 533900106 $9.2M 0.30% 34,723 SH
26 SPDR SERIES TRUST SPSM 78468R853 $8.1M 0.26% 139,768 SH
27 CAPITAL GROUP DIVIDEND GROWE CGDG 14021L109 $7.6M 0.25% 202,650 SH
28 SPDR SERIES TRUST SPMD 78464A847 $6.6M 0.21% 98,368 SH
29 PROGRESSIVE CORP PGR 743315103 $6.3M 0.20% 28,758 SH
30 INVESCO QQQ TR QQQ 46090E103 $6.2M 0.20% 8,439 SH
31 NVIDIA CORPORATION NVDA 67066G104 $5.3M 0.17% 26,298 SH
32 SCHWAB STRATEGIC TR SCHG 808524300 $4.7M 0.15% 139,269 SH
33 FIRST TR EXCH TRADED FD III FMB 33739N108 $4.7M 0.15% 91,522 SH
34 SPDR GOLD TR GLD 78463V107 $4.5M 0.14% 12,112 SH
35 MICROSOFT CORP MSFT 594918104 $4.2M 0.14% 11,275 SH
36 AT&T INC T 00206R102 $3.8M 0.12% 182,612 SH
37 VANGUARD INDEX FDS VUG 922908736 $3.5M 0.11% 40,168 SH
38 ELI LILLY & CO LLY 532457108 $3.2M 0.10% 2,678 SH
39 VANGUARD INDEX FDS VOO 922908363 $3.2M 0.10% 4,675 SH
40 AMEREN CORP AEE 023608102 $3.2M 0.10% 28,090 SH
41 WELLTOWER INC WELL 95040Q104 $3.1M 0.10% 13,722 SH
42 CAPITAL GRP FIXED INCM ETF T CGCB 14020Y508 $3.1M 0.10% 118,628 SH
43 ALPHABET INC GOOGL 02079K305 $3.0M 0.10% 8,432 SH
44 ISHARES TR IVV 464287200 $2.4M 0.08% 3,178 SH
45 TESLA INC TSLA 88160R101 $2.4M 0.08% 5,624 SH
46 SPDR SERIES TRUST SPYG 78464A409 $2.4M 0.08% 19,824 SH
47 AMGEN INC AMGN 031162100 $2.3M 0.07% 6,347 SH
48 CAPITAL GROUP GBL GROWTH EQT CGGO 14020X104 $2.2M 0.07% 52,150 SH
49 SPDR SERIES TRUST SPTM 78464A805 $2.2M 0.07% 24,166 SH
50 AMAZON COM INC AMZN 023135106 $2.1M 0.07% 8,686 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-13 $3.09B 197 0002085853-26-000991
2026-03-31 2026-04-29 $2.64B 185 0002085853-26-000517
2025-12-31 2026-01-06 $2.36B 175 0001536029-26-000001
Filer Information
Address
ONE TOWNE SQUARE, SUITE 444
SOUTHFIELD, MI 48076
Phone
(248) 350-8543
Filing Manager
Advance Capital Management, Inc.
SOUTHFIELD, MI
Signatory
Elizabeth Gardner
CCO