RFG HOLDINGS, INC.

Key Holdings

The portfolio is dominated by large-cap, liquid ETFs that provide exposure to core U.S. equity and fixed income markets.

• Vanguard S&P 500 ETF (VOO): This is the largest holding, comprising 28.39% of the portfolio ($113.26M). This massive allocation indicates a strong conviction in the broad U.S. large-cap market.
• Invesco QQQ Trust: The second-largest position at 12.92% ($51.54M) provides heavy exposure to the Nasdaq-100, tilting the portfolio toward the technology and growth sectors.
• Invesco Senior Loan ETF (BKLN): Comprising 9.95% ($39.70M), this is the largest non-equity position. It suggests a focus on income generation and capital preservation, as senior loans are less sensitive to interest rate hikes.
• PIMCO ETF Trust (PYLD): This position, accounting for 7.82% ($31.19M), further reinforces a fixed income allocation, likely focused on multi-sector bond strategies.