Top Institutional Investors

SMI Advisory Services, LLC — 13F Holdings & Portfolio

CIK 1609008 · latest 13F-HR filed 2026-07-09

Backtest portfolio

SMI Advisory Services, LLC manages $617.0M in 13F-reported U.S. long-equity assets across 86 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are RAA (31.73%), FCTE (9.27%), IWD (8.68%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 8 new positions and exited 6; 39 existing positions rose in reported value and 9 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
$617.0M

Long-equity book

Holdings
86

Distinct positions

Period
2026-06-30

Filed 2026-07-09

Q/Q Activity
+8 / −6 / ↑39 / ↓9

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
RAA36.6% · -0%FCTE11.0% · +1%IWD10.2% · -5%EMXC4.5% · +2252%USRT4.1% · newQTPI3.7% · +3%WCPB3.5% · +4%XSD3.3% · newFDT3.2% · +2%IVV3.0% · +1%SCHF2.3% · +1687%XLK2.1% · +135%NDEC2.0% · +0%VXF1.7% · -1%SCHO1.3% · +1%DFAS1.1% · +7%DFAI0.7% · +6%XLI0.5% · +122%XLV0.4% · +113%XLC0.4% · +78%QQQM0.4% · +75%PHYS0.4% · -77%HUBB0.3% · 0%SPY0.3% · 0%DLN0.2% · +308%LLY0.2% · +0%GLD0.2% · -98%IBDR0.2% · +21%NVDA0.1% · 0%IWF0.1% · +295%XLE0.1% · -78%SCHK0.1% · -2%BSCQ0.1% · +6%VOO0.1% · -2%VV0.1% · -2%XCNY0.1% · -0%HWM0.1% · 0%TJAN0.1% · 0%GLDM0.1% · newBND0.1% · -5%BSCR0.1% · +7%IWB0.1% · -2%VOOG0.1% · newIWR0.1% · 0%XLF0.1% · -77%BSCS0.1% · +10%SDCI0.1% · -98%XLY0.1% · -74%SPYM0.1% · +9%XLU0.1% · -87%SPMD0.1% · -5%XOM0.0% · -19%SPTS0.0% · -0%VIG0.0% · 0%SPTM0.0% · 0%ILCV0.0% · 0%VTV0.0% · 0%XC0.0% · newIVW0.0% · newAAPL0.0% · new

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 = 83.1%

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

Firm Profile & Key People
Assets Under Management
$949.0M
Discretionary
$949.0M
Employees
5
Accounts
1,083
Address
4400 RAY BOLL BLVD.
COLUMBUS, IN 47203
Phone
(800) 796-4975
Website
Name Title / Status Ownership Type
AYERS, ANTHONY, SHAYNE ControlMANAGING MEMBERLess than 5%Individual
BEERWART, FREDERICK, JACOB ControlCHIEF COMPLIANCE OFFICERLess than 5%Individual
BILLER, MARK, ANDREW ControlMANAGING MEMBERLess than 5%Individual
COLLIER, ERIC, STEPHEN ControlMANAGING MEMBERLess than 5%Individual
COLLIER, ERIC, STEPHEN ControlMEMBER25–50%Individual
MARATHON PARTNERS, LLC ControlOWNER50–75%Domestic Entity
OMNIUM INVESTMENT COMPANY, LLC ControlOWNER25–50%Domestic Entity
PRYOR, AUSTIN, CARL ControlMEMBER50–75%Individual

Quarter-over-quarter changes

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

Top Adds (vs prior quarter)

Show all 39 →

Top Trims

Show all 9 →

New Positions

Show all 8 →

Exited Positions

Show all 6 →

SMI Advisory Services, LLC 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 ETF OPPORTUNITIES TRUST RAA 26923N397 $195.8M 31.73% 6,618,056 SH
2 ETF OPPORTUNITIES TRUST FCTE 26923N512 $57.2M 9.27% 1,962,915 SH
3 ISHARES TR IWD 464287598 $53.6M 8.68% 216,628 SH
4 ETF OPPORTUNITIES TRUST RAA 26923N397 $30.3M 4.92% 1,025,568 SH
5 ISHARES INC EMXC 46434G764 $23.7M 3.84% 236,763 SH
6 ISHARES TR USRT 464288521 $21.7M 3.51% 323,712 SH
7 EXCHANGE PLACE ADVISORS TRUS QTPI 301471108 $19.7M 3.19% 768,840 SH
8 NORTHERN LTS FD TR II WCPB 664925880 $18.7M 3.03% 736,669 SH
9 SPDR SERIES TRUST XSD 78464A862 $17.1M 2.78% 30,012 SH
10 FIRST TR EXCH TRD ALPHDX FD FDT 33737J174 $16.5M 2.67% 174,542 SH
11 ISHARES TR IVV 464287200 $16.1M 2.61% 21,320 SH
12 SCHWAB STRATEGIC TR SCHF 808524805 $12.1M 1.96% 434,595 SH
13 ETF OPPORTUNITIES TRUST FCTE 26923N512 $10.8M 1.76% 372,247 SH
14 INNOVATOR ETFS TRUST NDEC 45784N841 $10.7M 1.74% 358,393 SH
15 SELECT SECTOR SPDR TR XLK 81369Y803 $10.7M 1.74% 58,339 SH
16 ISHARES TR IWD 464287598 $9.7M 1.57% 39,108 SH
17 VANGUARD INDEX FDS VXF 922908652 $9.2M 1.49% 37,533 SH
18 SCHWAB STRATEGIC TR SCHO 808524862 $7.0M 1.13% 289,928 SH
19 DIMENSIONAL ETF TRUST DFAS 25434V500 $5.7M 0.93% 70,344 SH
20 ISHARES INC EMXC 46434G764 $3.7M 0.61% 37,352 SH
21 ISHARES TR USRT 464288521 $3.6M 0.59% 53,914 SH
22 DIMENSIONAL ETF TRUST DFAI 25434V203 $3.6M 0.58% 85,100 SH
23 SPDR SERIES TRUST XSD 78464A862 $3.5M 0.56% 6,055 SH
24 FIRST TR EXCH TRD ALPHDX FD FDT 33737J174 $3.2M 0.53% 34,366 SH
25 EXCHANGE PLACE ADVISORS TRUS QTPI 301471108 $3.0M 0.48% 115,737 SH
26 NORTHERN LTS FD TR II WCPB 664925880 $2.8M 0.45% 108,570 SH
27 ISHARES TR IVV 464287200 $2.4M 0.38% 3,126 SH
28 SELECT SECTOR SPDR TR XLI 81369Y704 $2.3M 0.38% 12,623 SH
29 SELECT SECTOR SPDR TR XLV 81369Y209 $2.2M 0.36% 13,865 SH
30 HUBBELL INC HUBB 443510607 $2.0M 0.33% 4,128 SH
31 SELECT SECTOR SPDR TR XLK 81369Y803 $1.9M 0.32% 10,600 SH
32 SELECT SECTOR SPDR TR XLC 81369Y852 $1.9M 0.31% 17,188 SH
33 SCHWAB STRATEGIC TR SCHF 808524805 $1.9M 0.30% 67,029 SH
34 INNOVATOR ETFS TRUST NDEC 45784N841 $1.8M 0.29% 59,501 SH
35 SPROTT ASSET MANAGEMENT LP PHYS 85207H104 $1.7M 0.28% 54,537 SH
36 INVESCO EXCH TRADED FD TR II QQQM 46138G649 $1.5M 0.25% 5,205 SH
37 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $1.4M 0.22% 1,832 SH
38 ELI LILLY & CO LLY 532457108 $1.3M 0.21% 1,090 SH
39 VANGUARD INDEX FDS VXF 922908652 $1.2M 0.19% 4,840 SH
40 SPDR GOLD TR GLD 78463V107 $1.1M 0.18% 2,939 SH
41 WISDOMTREE TR DLN 97717W307 $1.1M 0.18% 11,161 SH
42 DIMENSIONAL ETF TRUST DFAS 25434V500 $1.1M 0.17% 13,197 SH
43 ISHARES TR IBDR 46435GAA0 $958.9K 0.16% 39,673 SH
44 NVIDIA CORPORATION NVDA 67066G104 $837.0K 0.14% 4,280 SH
45 ISHARES TR IWF 464287614 $792.6K 0.13% 6,444 SH
46 SELECT SECTOR SPDR TR XLE 81369Y506 $764.0K 0.12% 14,379 SH
47 SCHWAB STRATEGIC TR SCHO 808524862 $752.4K 0.12% 31,232 SH
48 INVESCO EXCH TRADED FD TR II QQQM 46138G649 $714.9K 0.12% 2,403 SH
49 SCHWAB STRATEGIC TR SCHK 808524722 $678.6K 0.11% 18,709 SH
50 INVESCO EXCH TRD SLF IDX FD BSCQ 46138J791 $677.5K 0.11% 34,671 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-09 $617.0M 86 0001609008-26-000003
2026-03-31 2026-04-07 $606.9M 89 0001609008-26-000002
2025-12-31 2026-01-13 $580.3M 83 0001609008-26-000001
Filer Information
Address
P.O. BOX 547
COLUMBUS, IN 47202
Phone
(800) 910-3651
Filing Manager
SMI Advisory Services, LLC
COLUMBUS, IN
Signatory
Fred Beerwart
Chief Compliance Officer