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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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	74,566	27,617	SH		SOLE		0	0	27,617
ABRDN GLOBAL PREMIER PPTYS F	COM SH BEN INT	00302L108	397,990	101,528	SH		SOLE		5,344	0	96,184
ALLIANCEBERNSTEIN GLOBAL HIG	COM	01879R106	187,517	18,827	SH		SOLE		0	0	18,827
ALLSPRING GLOBAL DIVIDEND OP	COM	94987C103	53,818	12,372	SH		SOLE		0	0	12,372
AMPLIFY ETF TR	ONLIN RETL ETF	032108102	3,204,802	69,338	SH		SOLE		2,696	0	66,642
ANGEL OAK FINL STRATEGIES IN	COM BEN INT	03464A100	349,210	29,569	SH		SOLE		0	0	29,569
ANNALY CAPITAL MANAGEMENT IN	COM NEW	035710839	328,964	16,440	SH		SOLE		2,055	0	14,385
APPLE INC	COM	037833100	5,321,761	27,436	SH		SOLE		0	0	27,436
BLACKROCK CORPOR HI YLD FD I	COM	09255P107	116,040	13,009	SH		SOLE		0	0	13,009
BLACKROCK TAX MUNICPAL BD TR	SHS	09248X100	203,178	12,247	SH		SOLE		2,041	0	10,206
CBRE GBL REAL ESTATE INC FD	COM	12504G100	486,024	92,930	SH		SOLE		4,891	0	88,039
COHEN & STEERS CLOSED-END OP	COM	19248P106	213,919	19,918	SH		SOLE		3,320	0	16,598
CRYO-CELL INTL INC	COM	228895108	1,005,123	165,300	SH		SOLE		0	0	165,300
ETF SER SOLUTIONS	US GLB JETS	26922A842	475,288	22,189	SH		SOLE		569	0	21,620
FIDELITY COVINGTON TRUST	MSCI COMMNTN SVC	316092873	235,342	5,847	SH		SOLE		0	0	5,847
FIDELITY COVINGTON TRUST	MSCI CONSM DIS	316092204	3,539,596	48,276	SH		SOLE		2,394	0	45,882
FIDELITY COVINGTON TRUST	CLOUD COMPUTNG	316092246	2,087,137	106,940	SH		SOLE		8,355	0	98,585
FIRST TR ABRDN GBL OPP INCM	COM SHS	337319107	162,897	26,188	SH		SOLE		0	0	26,188
FIRST TR EXCH TRD ALPHDX FD	DEV MRK EX US	33737J174	933,132	18,172	SH		SOLE		527	0	17,645
FIRST TR EXCH TRD ALPHDX FD	EM SML CP ALPH	33737J307	863,094	23,744	SH		SOLE		913	0	22,831
FIRST TR EXCHANGE TRADED FD	INTL EQUITY OPP	33734X853	2,016,080	51,352	SH		SOLE		1,856	0	49,496
FIRST TR EXCHANGE TRADED FD	NASDAQ CYB ETF	33734X846	4,026,368	88,667	SH		SOLE		2,842	0	85,825
FIRST TR EXCHANGE TRADED FD	FINLS ALPHADEX	33734X135	4,039,442	107,147	SH		SOLE		3,773	0	103,374
FIRST TR EXCHANGE-TRADED FD	RISNG DIVD ACHIV	33738R506	4,651,690	98,762	SH		SOLE		4,137	0	94,625
FIRST TR EXCHANGE-TRADED FD	NASDQ ARTFCIAL	33738R720	3,026,962	66,279	SH		SOLE		1,710	0	64,569
FIRST TR EXCHANGE-TRADED FD	DJ INTERNT IDX	33733E302	3,758,716	23,061	SH		SOLE		629	0	22,432
FIRST TR EXCHANGE-TRADED FD	NY ARCA BIOTECH	33733E203	3,536,921	23,096	SH		SOLE		903	0	22,193
FIRST TR EXCHANGE-TRADED FD	NASDQ OIL GAS	33738R845	2,484,223	94,366	SH		SOLE		3,800	0	90,566
FIRST TR EXCHNG TRADED FD VI	EXPANDED TECHNOL	33740U851	1,972,161	94,231	SH		SOLE		5,889	0	88,342
FIRST TR SR FLTG RATE INCOME	COM	33733U108	125,067	12,633	SH		SOLE		4,211	0	8,422
FLAHERTY & CRUMRINE PFD INCO	COM	338480106	447,240	45,359	SH		SOLE		2,268	0	43,091
FLAHERTY & CRUMRINE PFD SECS	COM	338478100	152,184	11,076	SH		SOLE		0	0	11,076
FLEXSHARES TR	INT QLTDVDYNAM	33939L829	332,893	12,581	SH		SOLE		331	0	12,250
GABELLI CONV & INC SECS FD I	COM	36240B109	236,969	55,109	SH		SOLE		0	0	55,109
GLOBAL X FDS	MSCI CHINA CON	37954Y558	1,254,315	64,242	SH		SOLE		1,397	0	62,845
HIGH INCOME SECS FD	SHS BEN INT	42968F108	71,416	11,021	SH		SOLE		0	0	11,021
INVESCO EXCHANGE TRADED FD T	S&P 500 GARP ETF	46137V431	868,583	9,568	SH		SOLE		188	0	9,380
INVESCO EXCHANGE TRADED FD T	DWA HEALTHCARE	46137V852	1,150,577	9,448	SH		SOLE		493	0	8,955
INVESCO EXCHANGE TRADED FD T	DYNMC LEISURE	46137V720	1,478,337	35,350	SH		SOLE		1,571	0	33,779
INVESCO EXCHANGE TRADED FD T	DYNMC MEDIA	46137V696	2,507,502	72,507	SH		SOLE		3,000	0	69,507
INVESCO EXCHANGE TRADED FD T	DYNMC SEMICNDT	46137V647	1,464,063	10,703	SH		SOLE		465	0	10,238
INVESCO EXCHANGE TRADED FD T	DWA STAPLES	46137V886	241,564	2,783	SH		SOLE		199	0	2,584
ISHARES TR	US HLTHCR PR ETF	464288828	2,393,265	9,356	SH		SOLE		573	0	8,783
ISHARES TR	ASIA 50 ETF	464288430	1,390,294	23,331	SH		SOLE		1,284	0	22,047
ISHARES TR	US CONSM STAPLES	464287812	3,358,062	16,766	SH		SOLE		923	0	15,843
ISHARES TR	MSCI INDIA ETF	46429B598	963,672	22,052	SH		SOLE		1,050	0	21,002
ISHARES TR	US BR DEL SE ETF	464288794	4,540,672	50,035	SH		SOLE		1,455	0	48,580
ISHARES TR	U.S. MED DVC ETF	464288810	3,401,263	60,242	SH		SOLE		2,259	0	57,983
ISHARES TR	LATN AMER 40 ETF	464287390	230,374	8,479	SH		SOLE		303	0	8,176
ISHARES TR	EXPANDED TECH	464287515	4,770,964	13,793	SH		SOLE		426	0	13,367
ISHARES TR	U.S. FIN SVC ETF	464287770	359,585	2,276	SH		SOLE		73	0	2,203
MFS INTER HIGH INCOME FD	SH BEN INT	59318T109	94,067	57,710	SH		SOLE		0	0	57,710
NETFLIX INC	COM	64110L106	354,594	805	SH		SOLE		0	0	805
NEUBERGER BERMAN HIGH YIELD	COM	64128C106	229,366	30,623	SH		SOLE		3,062	0	27,561
NEW AMER HIGH INCOME FD INC	COM NEW	641876800	257,847	38,774	SH		SOLE		3,231	0	35,543
NUVEEN AMT FREE MUN CR INC F	COM	67071L106	269,170	23,006	SH		SOLE		4,601	0	18,405
NUVEEN CR STRATEGIES INCOME	COM SHS	67073D102	151,551	30,010	SH		SOLE		0	0	30,010
PACER FDS TR	US CASH COWS 100	69374H881	2,380,862	49,736	SH		SOLE		1,243	0	48,493
PIMCO CORPORATE & INCOME OPP	COM	72201B101	218,652	15,618	SH		SOLE		0	0	15,618
PIMCO HIGH INCOME FD	COM SHS	722014107	200,370	40,074	SH		SOLE		0	0	40,074
PIMCO MUN INCOME FD II	COM	72200W106	379,309	41,959	SH		SOLE		5,245	0	36,714
PIONEER HIGH INCOME FUND INC	COM	72369H106	87,494	13,020	SH		SOLE		0	0	13,020
PROSHARES TR	MSCI EAFE DIVD	74347B839	808,897	21,856	SH		SOLE		754	0	21,102
PROSPECT CAP CORP	COM	74348T102	73,284	11,820	SH		SOLE		11,820	0	0
RENAISSANCE CAP GREENWICH FD	IPO ETF	759937204	1,896,103	57,974	SH		SOLE		2,056	0	55,918
SCHWAB STRATEGIC TR	SCHWB FDT INT LG	808524755	1,315,559	40,742	SH		SOLE		2,716	0	38,026
SPDR SER TR	AEROSPACE DEF	78464A631	2,604,631	21,432	SH		SOLE		899	0	20,533
SPDR SER TR	S&P KENSHO INTLG	78468R697	2,332,563	64,857	SH		SOLE		2,647	0	62,210
SPDR SER TR	S&P SEMICNDCTR	78464A862	4,418,719	19,968	SH		SOLE		675	0	19,293
VANGUARD INDEX FDS	SML CP GRW ETF	922908595	2,821,437	12,281	SH		SOLE		367	0	11,914
VIRTUS CONVERTIBLE & INC FD	COM	92838U108	366,940	117,987	SH		SOLE		9,832	0	108,155
VIRTUS STONE HBR EMG MKTS TO	COM	86164W100	70,276	13,593	SH		SOLE		0	0	13,593
VIRTUS STONE HBR EMRG MKTS I	COM	86164T107	115,781	25,672	SH		SOLE		0	0	25,672
WESTERN ASSET MTG DEFINED OP	COM	95790B109	139,444	13,180	SH		SOLE		0	0	13,180
WISDOMTREE TR	CLOUD COMPUTNG	97717Y691	1,268,317	40,010	SH		SOLE		1,111	0	38,899
WISDOMTREE TR	EM EX ST-OWNED	97717X578	987,278	35,323	SH		SOLE		1,104	0	34,219