SFI Advisors 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ABRDN ASIA PACIFIC INCOME FU	COM	003009107	72,633	27,617	SH		SOLE		0	0	27,617
ABRDN GLOBAL INCOME FUND INC	COM	003013109	200,464	41,590	SH		OTR		20,795	0	20,795
ABRDN GLOBAL PREMIER PPTYS F	COM SH BEN INT	00302L108	146,468	37,556	SH		SOLE		0	0	37,556
ADVISORSHARES TR	ADVISORSHS ETF	00768Y560	377,607	7,941	SH		OTR		993	0	6,948
ALLIANCEBERNSTEIN GLOBAL HIG	COM	01879R106	173,585	18,827	SH		SOLE		0	0	18,827
ALLSPRING GLOBAL DIVIDEND OP	COM	94987C103	54,066	12,372	SH		SOLE		0	0	12,372
AMPLIFY ETF TR	ONLIN RETL ETF	032108102	2,209,797	56,676	SH		OTR		2,560	0	54,116
ANGEL OAK FINL STRATEGIES IN	COM BEN INT	03464A100	183,452	14,321	SH		SOLE		0	0	14,321
APPLE INC	COM	037833100	3,564,760	27,436	SH		SOLE		0	0	27,436
ATI PHYSICAL THERAPY INC	COM CL A	00216W109	6,613	21,682	SH		SOLE		0	0	21,682
BLACKROCK CORPOR HI YLD FD I	COM	09255P107	365,926	41,868	SH		OTR		2,617	0	39,251
CBRE GBL REAL ESTATE INC FD	COM	12504G100	363,941	63,515	SH		OTR		5,293	0	58,222
COHEN & STEERS CLOSED-END OP	COM	19248P106	110,645	10,588	SH		OTR		3,529	0	7,059
CRYO-CELL INTL INC	COM	228895108	699,219	165,300	SH		SOLE		0	0	165,300
EATON VANCE MUNI INCOME TRUS	SH BEN INT	27826U108	207,231	20,996	SH		OTR		6,999	0	13,997
ETF SER SOLUTIONS	US GLB JETS	26922A842	378,988	22,189	SH		OTR		569	0	21,620
EXCHANGE LISTED FDS TR	HIGH YIELD ETF	30151E814	201,346	7,759	SH		SOLE		0	0	7,759
FIDELITY COVINGTON TRUST	CLOUD COMPUTNG	316092246	813,139	54,979	SH		OTR		3,054	0	51,925
FIDELITY COVINGTON TRUST	MSCI COMMNTN SVC	316092873	1,075,918	34,640	SH		OTR		1,676	0	32,964
FIDELITY COVINGTON TRUST	MSCI CONSM DIS	316092204	2,269,977	40,049	SH		OTR		2,302	0	37,747
FIRST TR ABRDN GBL OPP INCM	COM SHS	337319107	157,128	26,188	SH		SOLE		0	0	26,188
FIRST TR EXCH TRD ALPHDX FD	EM SML CP ALPH	33737J307	927,746	23,825	SH		OTR		905	0	22,920
FIRST TR EXCH TRD ALPHDX FD	DEV MRK EX US	33737J174	867,350	18,172	SH		OTR		527	0	17,645
FIRST TR EXCHANGE TRADED FD	INTL EQUITY OPP	33734X853	1,452,975	37,390	SH		OTR		1,061	0	36,329
FIRST TR EXCHANGE TRADED FD	NASDAQ CYB ETF	33734X846	3,753,051	96,953	SH		OTR		3,298	0	93,655
FIRST TR EXCHANGE TRADED FD	HLTH CARE ALPH	33734X143	3,484,688	32,049	SH		OTR		1,435	0	30,614
FIRST TR EXCHANGE-TRADED FD	RISNG DIVD ACHIV	33738R506	3,471,569	79,043	SH		OTR		3,074	0	75,969
FIRST TR EXCHANGE-TRADED FD	DJ INTERNT IDX	33733E302	2,504,750	20,339	SH		OTR		590	0	19,749
FIRST TR EXCHANGE-TRADED FD	NASDQ OIL GAS	33738R845	2,259,448	80,810	SH		OTR		3,565	0	77,245
FIRST TR EXCHANGE-TRADED FD	NY ARCA BIOTECH	33733E203	3,571,192	23,170	SH		OTR		943	0	22,227
FIRST TR EXCHNG TRADED FD VI	EXPANDED TECHNOL	33740U851	3,808,275	236,392	SH		OTR		8,691	0	227,701
FIRST TR MLP & ENERGY INCOM	COM	33739B104	94,415	12,089	SH		OTR		6,044	0	6,045
FIRST TR NASDAQ 100 TECH IND	SHS	337345102	462,740	4,397	SH		OTR		157	0	4,240
FLAHERTY & CRUMRINE PFD INCO	COM	338480106	335,055	30,158	SH		OTR		1,885	0	28,273
FLAHERTY & CRUMRINE PFD SECS	COM	338478100	183,725	12,232	SH		SOLE		0	0	12,232
FLEXSHARES TR	INT QLTDVDYNAM	33939L829	303,831	12,581	SH		OTR		331	0	12,250
GABELLI CONV & INC SECS FD I	COM	36240B109	155,539	32,404	SH		SOLE		0	0	32,404
GLOBAL X FDS	MSCI CHINA CON	37954Y558	1,453,772	64,242	SH		OTR		1,397	0	62,845
INVESCO EXCHANGE TRADED FD T	S&P500 EQL HLT	46137V332	239,426	830	SH		SOLE		0	0	830
INVESCO EXCHANGE TRADED FD T	DYNMC SEMICNDT	46137V647	1,585,417	15,842	SH		OTR		337	0	15,505
INVESCO EXCHANGE TRADED FD T	DWA HEALTHCARE	46137V852	2,616,546	21,271	SH		OTR		1,005	0	20,266
INVESCO EXCHANGE TRADED FD T	DYNMC LEISURE	46137V720	1,865,867	51,246	SH		OTR		1,898	0	49,348
INVESCO EXCHANGE TRADED FD T	DYNMC MEDIA	46137V696	1,660,312	51,707	SH		OTR		899	0	50,808
INVESCO EXCHANGE TRADED FD T	S&P 500 GARP ETF	46137V431	798,164	9,663	SH		OTR		210	0	9,453
INVESCO EXCHANGE TRADED FD T	DWA STAPLES	46137V886	2,306,958	27,909	SH		OTR		1,382	0	26,527
ISHARES TR	EAFE VALUE ETF	464288877	336,300	7,330	SH		OTR		1,466	0	5,864
ISHARES TR	US TRSPRTION	464287192	241,739	1,132	SH		SOLE		0	0	1,132
ISHARES TR	ASIA 50 ETF	464288430	942,678	16,614	SH		OTR		1,120	0	15,494
ISHARES TR	RUSSELL 2000 ETF	464287655	229,283	1,315	SH		OTR		146	0	1,169
ISHARES TR	US BR DEL SE ETF	464288794	5,179,384	53,879	SH		OTR		1,633	0	52,246
ISHARES TR	U.S. FIN SVC ETF	464287770	4,784,119	30,372	SH		OTR		987	0	29,385
ISHARES TR	GLB CNSM STP ETF	464288737	847,067	14,203	SH		OTR		1,093	0	13,110
ISHARES TR	EAFE GRWTH ETF	464288885	375,412	4,482	SH		OTR		264	0	4,218
ISHARES TR	EXPANDED TECH	464287515	3,835,575	14,992	SH		OTR		484	0	14,508
ISHARES TR	U.S. MED DVC ETF	464288810	492,266	9,364	SH		OTR		307	0	9,057
ISHARES TR	LATN AMER 40 ETF	464287390	432,598	18,899	SH		OTR		540	0	18,359
NETFLIX INC	COM	64110L106	275,713	935	SH		SOLE		0	0	935
NEW AMER HIGH INCOME FD INC	COM NEW	641876800	94,208	14,274	SH		SOLE		0	0	14,274
NUVEEN CR STRATEGIES INCOME	COM SHS	67073D102	152,751	30,010	SH		SOLE		0	0	30,010
OXFORD LANE CAP CORP	COM	691543102	124,773	24,610	SH		OTR		12,305	0	12,305
PACER FDS TR	US CASH COWS 100	69374H881	1,925,758	41,638	SH		OTR		822	0	40,816
PIMCO CORPORATE & INCOME OPP	COM	72201B101	187,572	15,618	SH		SOLE		0	0	15,618
PIMCO HIGH INCOME FD	COM SHS	722014107	189,550	40,074	SH		SOLE		0	0	40,074
PIMCO MUN INCOME FD	COM	72200R107	321,839	30,857	SH		OTR		5,143	0	25,714
PROSHARES TR	MSCI EAFE DIVD	74347B839	773,573	21,856	SH		OTR		754	0	21,102
PROSPECT CAP CORP	COM	74348T102	82,622	11,820	SH		SOLE		11,820	0	0
RENAISSANCE CAP GREENWICH FD	IPO ETF	759937204	797,789	32,273	SH		OTR		820	0	31,453
SCHWAB STRATEGIC TR	SCHWB FDT INT LG	808524755	817,100	28,108	SH		OTR		1,721	0	26,387
SPDR SER TR	AEROSPACE DEF	78464A631	2,339,333	21,257	SH		OTR		931	0	20,326
SPDR SER TR	S&P KENSHO INTLG	78468R697	1,726,506	52,841	SH		OTR		2,439	0	50,402
SPDR SER TR	PRTFLO S&P500 VL	78464A508	227,118	5,840	SH		SOLE		0	0	5,840
SPDR SER TR	S&P SEMICNDCTR	78464A862	3,277,875	19,601	SH		OTR		797	0	18,804
SPDR SER TR	S&P RETAIL ETF	78464A714	429,558	7,106	SH		SOLE		0	0	7,106
VANGUARD ADMIRAL FDS INC	500 VAL IDX FD	921932703	485,728	3,468	SH		SOLE		3,468	0	0
VANGUARD ADMIRAL FDS INC	MIDCP 400 GRTH	921932869	409,414	2,418	SH		OTR		302	0	2,116
VANGUARD INDEX FDS	SML CP GRW ETF	922908595	2,056,738	10,256	SH		OTR		327	0	9,929
VIRTUS DIVERSIFIED INCM & CO	COM	92840N100	398,817	21,488	SH		OTR		1,653	0	19,835
VIRTUS STONE HBR EMG MKTS TO	COM	86164W100	217,106	44,489	SH		SOLE		0	0	44,489
VIRTUS STONE HBR EMRG MKTS I	COM	86164T107	106,796	25,672	SH		SOLE		0	0	25,672
WESTERN ASSET MTG DEFINED OP	COM	95790B109	141,949	13,180	SH		SOLE		0	0	13,180
WISDOMTREE TR	EM EX ST-OWNED	97717X578	1,665,712	62,433	SH		OTR		2,191	0	60,242
WISDOMTREE TR	CLOUD COMPUTNG	97717Y691	1,377,845	54,938	SH		OTR		2,981	0	51,957