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FSA Investment Group, LLC 13F Holdings (Q3 2026) — Stock Portfolio & Buys
FSA Investment Group, LLCCIK: 0002051584
Sector-focusedMomentum followerConcentrated strategy
Total reported value
$314.1M
Reporting period: 2026-09-30 · Number of holdings: 42
FSA Investment Group, LLC disclosed 42 holdings in its latest 13F filing for the period ending 2026-09-30, with total reported value of $314.1M and a quarterly turnover rate of 19.0%.
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Personality snowflake
- Concentration
- 87.33
- Portfolio Stability
- 19.02
- Momentum
- 100
- Sector conviction
- 100
- Diversification
- 84
- Sizing Uniformity
- 71.07
FSA Investment Group, LLC's disclosed holdings carry a Herfindahl concentration index of 0.218 — mathematically equivalent to about 5 equally-sized positions, well below its 42 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 2.89), with a handful of outsized bets alongside many smaller positions.
Recent activity leans toward adding more aggressively to already-large existing positions than to newly initiated ones (a 2.7 percentage-point tilt) — a pattern consistent with a momentum-following approach.
Sector classification currently covers about 2% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim VBIL
-10.3% -$6.9M
Sold out BAR
Add USDU
+280.7% $4.8M
New buy GLD
Add SCHP
+246.9% $2.7M
New buy UUP
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | SCHX | Schwab US Large-cap ETF | ETF-Other | 38.96% | +0.17% | +0.52% | |
| 2 | VBIL | Vanguard 0-3m T-bill ETF | ETF-Other | 19.20% | -2.63% | -10.30% | |
| 3 | RSP | Invesco S&p 500 Equal Weight | ETF-Large Cap & Growth | 15.59% | -0.15% | +3.40% | |
| 4 | AVDE | Avantis International Equity | ETF-Other | 4.93% | +0.34% | +8.45% | |
| 5 | IEMG | Ishares Core Msci Emerging | ETF-Emerging Markets | 3.68% | +0.17% | +9.01% | |
| 6 | USDU | Wisdomtree Bbg Usd Bullish | ETF-Other | 2.05% | +1.51% | +280.71% | |
| 7 | GLD | Spdr Gold Shares | ETF-Commodities | 1.39% | +1.39% | NEW | |
| 8 | SCHP | Schwab U.s. Tips ETF | ETF-Other | 1.25% | +0.86% | +246.91% | |
| 9 | VTHR | Vanguard Russell 3000 | ETF-Other | 1.18% | +0.10% | +10.86% | |
| 10 | MAGS | Roundhill Magnificent Seven | ETF-Other | 0.95% | +0.47% | +80.90% | |
| 11 | XLE | Ss Energy Select Sector | ETF-Other | 0.89% | +0.25% | +22.36% | |
| 12 | PFIX | Simplify Interest Rate Hedge | ETF-Other | 0.83% | +0.40% | +36.37% | |
| 13 | SMH | Vaneck Semiconductor ETF | ETF-Other | 0.79% | +0.24% | +59.06% | |
| 14 | BINC | Ishares Flex I A Etf-usd Inc | ETF-Other | 0.78% | -0.16% | -12.64% | |
| 15 | UUP | Invesco Db US Dollar Index B | ETF-Large Cap & Growth | 0.74% | +0.74% | NEW | |
| 16 | PDBC | Invesco Optimum Yield Divers | ETF-Other | 0.69% | -0.27% | -40.16% | |
| 17 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 0.66% | +0.08% | +22.57% | |
| 18 | VXUS | Vanguard Total Intl Stock | ETF-Other | 0.65% | +0.05% | +11.20% | |
| 19 | XLV | Ss Health Care Select Sector | ETF-Other | 0.53% | +0.53% | NEW | |
| 20 | IBIT | Ishares Bitcoin Trust ETF | ETF-Crypto | 0.50% | +0.50% | NEW | |
| 21 | AAPL | Apple Inc | Stock-Tech | 0.46% | -0.05% | -20.24% | |
| 22 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 0.33% | +0.33% | NEW | |
| 23 | NVDA | Nvidia CORP | Stock-Tech | 0.32% | -0.30% | -53.36% | |
| 24 | ETHA | Ishares Ethereum Trust ETF | ETF-Other | 0.27% | +0.27% | NEW | |
| 25 | MSFT | Microsoft CORP | Stock-Tech | 0.24% | +0.07% | +6.06% | |
| 26 | QYLD | Global X Nasd 100 Cov Call | ETF-Other | 0.24% | +0.24% | NEW | |
| 27 | TIP | Ishares Tips Bond ETF | ETF-Other | 0.19% | +0.02% | +19.66% | |
| 28 | SDCI | Uscf Summerhaven Dynamic ETF | ETF-Other | 0.19% | +0.19% | NEW | |
| 29 | BOND | Pimco Active Bond Exchange-t | ETF-Other | 0.19% | -0.01% | +1.06% | |
| 30 | VWO | Vanguard Ftse Emerging Marke | ETF-Emerging Markets | 0.16% | -0.01% | +0.18% | |
| 31 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.14% | -0.13% | -48.10% | |
| 32 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.12% | +0.03% | +46.03% | |
| 33 | XAR | Ss Spdr S&p Aerospace Def | ETF-Other | 0.10% | -0.03% | +3.89% | |
| 34 | VTI | Vanguard Total Stock Mkt ETF | ETF-Other | 0.10% | — | +0.24% | |
| 35 | AVGO | Broadcom Inc | Stock-Tech | 0.10% | -0.35% | -75.86% | |
| 36 | O | Realty Income CORP | Stock-Real Estate | 0.10% | -0.01% | +0.94% | |
| 37 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.10% | -0.17% | -62.66% | |
| 38 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.09% | -0.01% | -26.65% | |
| 39 | ✓ | Stock-Other | 0.09% | +0.09% | NEW | ||
| 40 | USRT | Ishares Core US Reit ETF | ETF-Other | 0.07% | — | +14.07% | |
| 41 | MU | Micron Technology Inc | Stock-Tech | 0.07% | +0.07% | NEW | |
| 42 | SCHD | Schwab US Dvd Equity ETF | ETF-Other | 0.06% | +0.06% | NEW |
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Portfolio Performance
Performance for Q4 2026
+2.3%
Performance Last 4 Quarters
+12.7%
- Stdev
- +11.1%
- Beta
- +0.86
- Alpha
- -0.7%
- Max Drawdown
- -4.8%
- Annualized Perf
- +15.5%
- Batting Avg vs S&P
- +40%
- Sortino
- +2.63
- Stutzer
- +0.4
- Treynor
- +0.18
- Sterling
- +1.05
- Calmar
- +3.23
- Information Ratio
- -1.27
- Tracking Error
- +2.6%
- Stdev Down
- +5.7%
- Winning Months %
- +75%
- Losing Months %
- +25%
- Best 12 Months
- +28.2%
- Worst 12 Months
- +12.7%
- Efficiency Ratio
- +0.53
- Sharpe
- +1.36
- Stdev Sectors
- +25.5%
- Skewness
- -0.04
- Kurtosis
- +0.56
- Upside Potential
- +3.98
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
Holding changes this quarter
FSA Investment Group, LLC's most significant position changes for 2026-09-30: Sold out: Graniteshares Gold Trust (BAR); New buy: Spdr Gold Shares (GLD); New buy: Invesco Db US Dollar Index B (UUP); Sold out: Amplify Blockchain Tech ETF (BLOK); New buy: Ss Health Care Select Sector (XLV).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | USDU | Wisdomtree Bbg Usd Bullish | +1.5% | +280.71% | Add |
| 2 | GLD | Spdr Gold Shares | +1.4% | NEW | New buy |
| 3 | SCHP | Schwab U.s. Tips ETF | +0.9% | +246.91% | Add |
| 4 | UUP | Invesco Db US Dollar Index B | +0.7% | NEW | New buy |
| 5 | XLV | Ss Health Care Select Sector | +0.5% | NEW | New buy |
| 6 | IBIT | Ishares Bitcoin Trust ETF | +0.5% | NEW | New buy |
| 7 | MAGS | Roundhill Magnificent Seven | +0.5% | +80.90% | Add |
| 8 | PFIX | Simplify Interest Rate Hedge | +0.4% | +36.37% | Add |
| 9 | AVDE | Avantis International Equity | +0.3% | +8.45% | Add |
| 10 | QQQ | Invesco Qqq Trust Series 1 | +0.3% | NEW | New buy |
| 11 | ETHA | Ishares Ethereum Trust ETF | +0.3% | NEW | New buy |
| 12 | XLE | Ss Energy Select Sector | +0.3% | +22.36% | Add |
| 13 | SMH | Vaneck Semiconductor ETF | +0.2% | +59.06% | Add |
| 14 | QYLD | Global X Nasd 100 Cov Call | +0.2% | NEW | New buy |
| 15 | SDCI | Uscf Summerhaven Dynamic ETF | +0.2% | NEW | New buy |
| 16 | SCHX | Schwab US Large-cap ETF | +0.2% | +0.52% | Add |
| 17 | IEMG | Ishares Core Msci Emerging | +0.2% | +9.01% | Add |
| 18 | VTHR | Vanguard Russell 3000 | +0.1% | +10.86% | Add |
| 19 | ✓ | +0.1% | NEW | New buy | |
| 20 | AGG | Ishares Core U.s. Aggregate | +0.1% | +22.57% | Add |
| 21 | MSFT | Microsoft CORP | +0.1% | +6.06% | Add |
| 22 | MU | Micron Technology Inc | +0.1% | NEW | New buy |
| 23 | SCHD | Schwab US Dvd Equity ETF | +0.1% | NEW | New buy |
| 24 | VXUS | Vanguard Total Intl Stock | +0.1% | +11.20% | Add |
| 25 | GOOGL | Alphabet Inc-cl A | 0% | +46.03% | Add |
| 26 | TIP | Ishares Tips Bond ETF | 0% | +19.66% | Add |
| 27 | USRT | Ishares Core US Reit ETF | — | +14.07% | Add |
| 28 | VTI | Vanguard Total Stock Mkt ETF | — | +0.24% | Add |
| 29 | O | Realty Income CORP | 0% | +0.94% | Add |
| 30 | BOND | Pimco Active Bond Exchange-t | 0% | +1.06% | Add |
| 31 | META | Meta Platforms Inc-class A | 0% | -26.65% | Trim |
| 32 | VWO | Vanguard Ftse Emerging Marke | 0% | +0.18% | Add |
| 33 | XAR | Ss Spdr S&p Aerospace Def | 0% | +3.89% | Add |
| 34 | AAPL | Apple Inc | -0.1% | -20.24% | Trim |
| 35 | VBR | Vanguard Small-cap Value ETF | -0.1% | EXIT | Sold out |
| 36 | NEE | Nextera Energy Inc | -0.1% | EXIT | Sold out |
| 37 | XTWY | Bondbloxx Bbg 20y US Tsy ETF | -0.1% | EXIT | Sold out |
| 38 | PLTR | Palantir Technologies Inc-a | -0.1% | EXIT | Sold out |
| 39 | COST | Costco Wholesale CORP | -0.1% | EXIT | Sold out |
| 40 | DXJ | Wisdomtree Japan Hedged Eq | -0.1% | EXIT | Sold out |
| 41 | AMZN | Amazon.com Inc | -0.1% | -48.10% | Trim |
| 42 | SO | Southern Co/the | -0.1% | EXIT | Sold out |
| 43 | RSP | Invesco S&p 500 Equal Weight | -0.2% | +3.40% | Add |
| 44 | BINC | Ishares Flex I A Etf-usd Inc | -0.2% | -12.64% | Trim |
| 45 | GOOG | Alphabet Inc-cl C | -0.2% | -62.66% | Trim |
| 46 | BIL | Ss Spdr Bb 1-3m T-bill ETF | -0.2% | EXIT | Sold out |
| 47 | POCT | Innovator U.s. Equity Power | -0.2% | EXIT | Sold out |
| 48 | BSV | Vanguard Short-term Bond ETF | -0.2% | EXIT | Sold out |
| 49 | XOM | Exxon Mobil CORP | -0.3% | EXIT | Sold out |
| 50 | PDBC | Invesco Optimum Yield Divers | -0.3% | -40.16% | Trim |
1–50 of 58
Filing History
FAQ
What is FSA Investment Group, LLC and what type of investor is it?
FSA Investment Group, LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-09-30), the firm manages a tracked equity portfolio valued at approximately $314.1M, spread across 42 disclosed positions.
What are FSA Investment Group, LLC's largest equity positions?
Based on the latest 13F filing, FSA Investment Group, LLC's top holdings by market value are:
1. Schwab US Large-cap ETF (SCHX) — $122.4M (39.0%)
2. Vanguard 0-3m T-bill ETF (VBIL) — $60.3M (19.2%)
3. Invesco S&p 500 Equal Weight (RSP) — $49.0M (15.6%)
4. Avantis International Equity (AVDE) — $15.5M (4.9%)
5. Ishares Core Msci Emerging (IEMG) — $11.6M (3.7%)
What changes did FSA Investment Group, LLC make in its most recent portfolio filing?
In the latest reported quarter, FSA Investment Group, LLC made 58 notable position adjustments: 11 new positions were initiated, 22 existing holdings were added to, 9 positions were partially reduced, and 16 were completely exited. The largest of these moves: Sold out: Graniteshares Gold Trust (BAR); New buy: Spdr Gold Shares (GLD); New buy: Invesco Db US Dollar Index B (UUP); Sold out: Amplify Blockchain Tech ETF (BLOK); New buy: Ss Health Care Select Sector (XLV)
What sectors does FSA Investment Group, LLC focus on?
FSA Investment Group, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 68.5%
• Communication Services: 17.8%
• Consumer Discretionary: 8.2%
• Real Estate: 5.5%
Investment Profile
FSA Investment Group, LLC returned an annualized 15.5% over the trailing 20 months — underperforming the S&P 500 by 0.7 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.86 (less volatile than the market) and a 40% quarterly batting average against the index.
Its portfolio is concentrated and long-term-holding, with 68.5% of the portfolio concentrated in Information Technology.
Its turnover score has fallen from 59 to 19 over the past 4 quarters — a shift toward longer holding periods.
It has added to its SCHX position over the past two quarters (+$25.0M, now $122.4M), while trimming BINC over the same stretch (-$1.1M, still holding $2.4M).
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Developer Access
Access FSA Investment Group, LLC's institutional profile programmatically:
REST API
curl https://alphasmo.com/api/v1/institutions/fsa-investment-group-llcCLI
npx alphasmo institutions get fsa-investment-group-llc