SMI Advisory Services, LLC

CIK 1609008 · View on SEC EDGAR ↗

Portfolio value QoQ: +1.7% 13F does not disclose cash

Top 10 holdings weight83.15%

Top 25 holdings weight97.04%

Positions above 1%16

Effective number of positions5.9

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 17.17% Est. buys $105,074,312 · sells $128,732,165

Median holding: 4.0 quarters Tracked Q1 2025–Q2 2026 · 66.7% still held

New positions8

Increased26

Decreased19

Closed6

Portfolio value $617.0M #3,383 of 9,337 by 13F value · top 36.2%

Positions 62

As of June 30, 2026 Data as of Q2 2026

Sector breakdown

Industrials 0.4%

Healthcare 0.2%

Technology 0.2%

Energy 0.0%

Other/Unmapped 99.2%

Full portfolio 62 positions

					Streak
RAA SMI 3Fourteen REAL Asset Allocation ETF	$226,093,822	36.64%	7,643,624	$12,632,244	Down ×1
FCTE SMI 3Fourteen Full-Cycle Trend ETF	$68,063,427	11.03%	2,335,162	$10,043,685	Up ×2
IWD iShares Trust	$63,228,169	10.25%	255,736	$4,766,338	Down ×1
EMXC iShares MSCI Emerging Markets ex China ETF	$27,463,578	4.45%	274,115	$26,538,481	Up ×1
USRT iShares Trust	$25,297,166	4.10%	377,626		Up ×1
QTPI Exchange Place Advisors Trust	$22,649,621	3.67%	884,577	$813,842	Up ×2
WCPB Weitz Core Plus Bond ETF	$21,435,258	3.47%	845,239	$819,427	Up ×2
XSD SPDR SERIES TRUST	$20,604,037	3.34%	36,067		Up ×1
FDT First Trust Developed Markets Ex-US AlphaDEX Fund	$19,738,635	3.20%	208,908	$1,787,956	Up ×2
IVV iShares Trust	$18,450,802	2.99%	24,446	$2,476,017	Up ×1
SCHF SCHWAB STRATEGIC TRUST	$13,980,265	2.27%	501,624	$13,274,434	Up ×1
XLK SELECT SECTOR SPDR TRUST	$12,655,287	2.05%	68,939	$8,645,963	Up ×1
NDEC Innovator Growth-100 Power Buffer ETF - December	$12,525,915	2.03%	417,894	$1,189,597	Up ×1
VXF VANGUARD INDEX FUNDS	$10,371,557	1.68%	42,373	$1,458,054	Down ×5
SCHO SCHWAB STRATEGIC TRUST	$7,736,745	1.25%	321,160	$71,152	Up ×1
DFAS Dimensional ETF Trust	$6,824,502	1.11%	83,541	$1,201,318	Up ×2
DFAI Dimensional ETF Trust	$4,156,707	0.67%	99,064	$456,645	Up ×2
XLI SELECT SECTOR SPDR TRUST	$2,861,200	0.46%	15,419	$1,716,072	Up ×1
XLV SELECT SECTOR SPDR TRUST	$2,664,193	0.43%	16,450	$1,532,404	Up ×2
XLC SELECT SECTOR SPDR TRUST	$2,287,246	0.37%	20,754	$983,439	Up ×1
QQQM Invesco NASDAQ 100 ETF	$2,263,533	0.37%	7,608	$1,211,620	Up ×1
PHYS Sprott Physical Gold Trust ETV	$2,259,166	0.37%	71,925	$-8,758,806	Down ×5
HUBB Hubbell Inc Common Stock	$2,045,837	0.33%	4,128	$-14,861
SPY SPY	$1,752,474	0.28%	2,333	$216,013	Up ×1
DLN WisdomTree Trust	$1,321,273	0.21%	13,571	$1,021,896	Up ×2
LLY Eli Lilly and Company Common Stock	$1,308,196	0.21%	1,090	$299,113	Up ×4
GLD SPDR Gold Shares	$1,123,081	0.18%	2,939	$-48,486,344	Down ×5
IBDR iShares Trust	$958,897	0.16%	39,673	$164,719	Up ×2
NVDA NVIDIA Corporation - Common Stock	$836,954	0.14%	4,280	$76,654
IWF iShares Trust	$792,567	0.13%	6,444	$88,434	Up ×1
XLE SELECT SECTOR SPDR TRUST	$763,957	0.12%	14,379	$-3,217,437	Down ×1
SCHK SCHWAB STRATEGIC TRUST	$678,588	0.11%	18,709	$70,661	Down ×4
BSCQ Invesco BulletShares 2026 Corporate Bond ETF	$677,472	0.11%	34,671	$35,903	Up ×4
VOO VANGUARD INDEX FUNDS	$675,238	0.11%	978	$73,624	Down ×4
VV VANGUARD INDEX FUNDS	$663,763	0.11%	1,918	$70,070	Down ×6
CWI SPDR INDEX SHARES FUNDS	$600,723	0.10%	14,684	$55,535	Down ×6
HWM Howmet Aerospace Inc. Common Stock	$534,977	0.09%	1,925	$79,579
TJAN Innovator Equity Defined Protection ETF - 2 Yr to January 2027	$530,922	0.09%	18,817	$18,753
GLDM SPDR Gold MiniShares Trust	$515,879	0.08%	6,261		Up ×1
BND Vanguard Total Bond Market ETF	$514,540	0.08%	7,035	$-27,890	Down ×1
BSCR Invesco BulletShares 2027 Corporate Bond ETF	$506,682	0.08%	25,805	$34,689	Up ×6
IWB iShares Trust	$495,612	0.08%	1,203	$52,462	Down ×4
VOOG VANGUARD ADMIRAL FUNDS	$432,105	0.07%	5,307		Up ×1
IWR iShares Trust	$431,269	0.07%	3,899	$46,242
XLF SELECT SECTOR SPDR TRUST	$387,200	0.06%	6,897	$-1,103,759	Down ×2
BSCS Invesco BulletShares 2028 Corporate Bond ETF	$386,490	0.06%	18,958	$35,645	Up ×2
SDCI USCF ETF Trust	$374,928	0.06%	13,840	$-23,240,739	Down ×1
XLY XLY	$366,946	0.06%	3,109	$-945,460	Down ×2
SPYM State Street SPDR Portfolio S&P 500 ETF	$364,155	0.06%	4,118	$70,823	Up ×1
XLU XLU	$347,905	0.06%	7,680	$-2,359,040	Down ×1
SPMD SPDR SERIES TRUST	$310,242	0.05%	4,636	$18,244	Down ×6
XOM Exxon Mobil Corporation Common Stock	$280,954	0.05%	2,059	$-134,306	Down ×3
SPTS SPDR SERIES TRUST	$278,326	0.05%	9,614	$-1,889	Down ×1
VIG VANGUARD SPECIALIZED FUNDS	$271,539	0.04%	1,136	$25,231
SPTM SPDR SERIES TRUST	$263,775	0.04%	2,891	$32,205
ILCV iShares Trust	$244,713	0.04%	2,363	$22,791
VTV VANGUARD INDEX FUNDS	$242,482	0.04%	1,105	$23,868
XC WisdomTree Trust	$241,422	0.04%	7,501		Up ×1
IVW iShares Trust	$234,201	0.04%	1,708
AAPL Apple Inc. - Common Stock	$231,056	0.04%	739
SCHH SCHWAB STRATEGIC TRUST	$229,869	0.04%	9,630		Up ×1
DNP DNP Select Income Fund, Inc. Common Stock	$190,786	0.03%	17,535	$13,931	Up ×6
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
LLY	$1,308,196	0.21%	up ×4
BSCQ	$677,472	0.11%	up ×4
BSCR	$506,682	0.08%	up ×6
DNP	$190,786	0.03%	up ×6

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
USRT	$25,297,166	377,626	4.10%
XSD	$20,604,037	36,067	3.34%
GLDM	$515,879	6,261	0.08%
VOOG	$432,105	5,307	0.07%
XC	$241,422	7,501	0.04%
IVW	$234,201	1,708	0.04%
AAPL	$231,056	739	0.04%
SCHH	$229,869	9,630	0.04%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
RAA	Trimmed	-12K	+$12.6M
FCTE	Bought more	+22K	+$10.0M
PHYS	Trimmed	-241K	-$8.8M
XLK	Bought more	+40K	+$8.6M
IWD	Trimmed	-14K	+$4.8M
IVV	Bought more	+310	+$2.5M
FDT	Bought more	+5K	+$1.8M
XLI	Bought more	+8K	+$1.7M
XLV	Bought more	+9K	+$1.5M
VXF	Trimmed	-237	+$1.5M

6 positions hidden — reported move looks larger than the position itself (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
BSCP	Dec. 31, 2025	1,239,406	$25,661,896	No longer tracked
BIV	Dec. 31, 2025	318,471	$24,853,457
GVAL	June 30, 2026	629,038	$21,242,615
XME	June 30, 2026	180,486	$19,893,179	-1.1%
FDD	Sept. 30, 2025	1,247,631	$19,338,279
IWD	June 30, 2025	94,292	$15,951,340
EUAD	Sept. 30, 2025	234,206	$9,984,202
NLR	Sept. 30, 2025	86,652	$9,914,686	-22.0%
XAR	Sept. 30, 2025	45,380	$9,868,335
SHLD	Sept. 30, 2025	159,858	$9,724,191
XLRE	June 30, 2026	34,341	$1,434,062	No longer tracked
IBDQ	Dec. 31, 2025	29,222	$734,057
XLP	June 30, 2026	7,312	$604,410	No longer tracked
VEU	March 31, 2026	5,774	$442,716
VCIT	June 30, 2025	4,330	$348,960
AGGY	Dec. 31, 2025	7,041	$312,058
AVGO	Dec. 31, 2025	884	$299,120	2.6%
SFLR	June 30, 2026	7,857	$281,203
VUG	March 31, 2026	528	$260,056
GSUS	March 31, 2026	2,683	$258,038
FBTC	Dec. 31, 2025	2,390	$256,137
MSFT	March 31, 2026	480	$229,047	39.8%
AAPL	Dec. 31, 2025	839	$216,479	22.7%
MGK	Dec. 31, 2025	535	$216,150	13.1%
UFEB	March 31, 2026	5,827	$215,541
IVW	March 31, 2026	1,708	$213,654	26.7%
XLB	June 30, 2026	4,246	$213,235	No longer tracked
TBLL	Sept. 30, 2025	1,960	$207,192
UDEC	June 30, 2025	5,123	$169,059
BSCS	June 30, 2025	6,526	$132,021
BSCT	June 30, 2025	5,649	$103,660
UAPR	June 30, 2025	3,443	$98,298
SPAB	June 30, 2025	2,975	$75,446
OLO	June 30, 2025	10,561	$62,205	No longer tracked
CODX	Dec. 31, 2025	28,000	$10,750	-78.7%