# EDGAR Filing Document

**Accession Number:** 0001911087
**File Stem:** 0001951757-25-001384
**Filing Date:** 2025-11
**Character Count:** 14372
**Document Hash:** ecfae7f6d74449d2f973024aae885dae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001951757-25-001384.hdr.sgml**: 20251112

**ACCESSION NUMBER**: 0001951757-25-001384

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251112

**DATE AS OF CHANGE**: 20251112

**EFFECTIVENESS DATE**: 20251112

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** HFG Advisors, Inc.
- **CENTRAL INDEX KEY:** 0001911087

**ORGANIZATION NAME:**
- **EIN:** 810737346
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22050
- **FILM NUMBER:** 251469709

**BUSINESS ADDRESS:**
- **STREET 1:** 7355 E. KEMPER ROAD
- **CITY:** CINCINATTI
- **STATE:** OH
- **ZIP:** 45249
- **BUSINESS PHONE:** (513) 891-5300

**MAIL ADDRESS:**
- **STREET 1:** 7355 E. KEMPER ROAD
- **CITY:** CINCINATTI
- **STATE:** OH
- **ZIP:** 45249

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** HFG Advisors Inc.<br>**Address:** 7355 E. KEMPER ROAD<br>CINCINATTI, OH 45249

**Form 13F File Number:** 028-22050

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Michael Hackman<br>**Title:** Chief Compliance Officer<br>**Phone:** (513) 891-5300

**Signature, Place, and Date of Signing:**

Michael Hackman  Cincinnati, OH  11-12-2025<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 105

**Form 13F Information Table Value Total:** $135590932

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 213016 | 920 | SH |  | SOLE |  | 0 | 0 | 920 |
| AFLAC INC | COM | 001055102 |  | 272325 | 2438 | SH |  | SOLE |  | 0 | 0 | 2438 |
| ALLIANCEBERNSTEIN HLDG L P | UNIT LTD PARTN | 01881G106 |  | 250724 | 6560 | SH |  | SOLE |  | 0 | 0 | 6560 |
| ALLSTATE CORP | COM | 020002101 |  | 266810 | 1243 | SH |  | SOLE |  | 0 | 0 | 1243 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 924267 | 3802 | SH |  | SOLE |  | 0 | 0 | 3802 |
| AMAZON COM INC | COM | 023135106 |  | 326501 | 1487 | SH |  | SOLE |  | 0 | 0 | 1487 |
| APPLE INC | COM | 037833100 |  | 1086253 | 4266 | SH |  | SOLE |  | 0 | 0 | 4266 |
| BANK AMERICA CORP | COM | 060505104 |  | 273839 | 5308 | SH |  | SOLE |  | 0 | 0 | 5308 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 509777 | 1014 | SH |  | SOLE |  | 0 | 0 | 1014 |
| BROADCOM INC | COM | 11135F101 |  | 318694 | 966 | SH |  | SOLE |  | 0 | 0 | 966 |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 |  | 211364 | 3082 | SH |  | SOLE |  | 0 | 0 | 3082 |
| CAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 14020G101 |  | 633765 | 14430 | SH |  | SOLE |  | 0 | 0 | 14430 |
| CAPITAL GROUP CORE EQUITY ET | SHS CREATION UNI | 14020V108 |  | 392435 | 9925 | SH |  | SOLE |  | 0 | 0 | 9925 |
| CAPITAL GROUP DIVIDEND VALUE | SHS CREATION UNI | 14020W106 |  | 350530 | 8340 | SH |  | SOLE |  | 0 | 0 | 8340 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 233100 | 992 | SH |  | SOLE |  | 0 | 0 | 992 |
| CINCINNATI FINL CORP | COM | 172062101 |  | 782437 | 4949 | SH |  | SOLE |  | 0 | 0 | 4949 |
| CVS HEALTH CORP | COM | 126650100 |  | 209057 | 2773 | SH |  | SOLE |  | 0 | 0 | 2773 |
| DIMENSIONAL ETF TRUST | US SMALL CAP VAL | 25434V815 |  | 1431019 | 44944 | SH |  | SOLE |  | 0 | 0 | 44944 |
| ELEVANCE HEALTH INC FORMERLY | COM | 036752103 |  | 210752 | 652 | SH |  | SOLE |  | 0 | 0 | 652 |
| ELI LILLY  CO | COM | 532457108 |  | 227374 | 298 | SH |  | SOLE |  | 0 | 0 | 298 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 |  | 1191796 | 69452 | SH |  | SOLE |  | 0 | 0 | 69452 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 1042386 | 33335 | SH |  | SOLE |  | 0 | 0 | 33335 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 690392 | 15497 | SH |  | SOLE |  | 0 | 0 | 15497 |
| FIRST FINL BANCORP OH | COM | 320209109 |  | 315625 | 12500 | SH |  | SOLE |  | 0 | 0 | 12500 |
| FIRST TR EXCHANGE-TRADED FD | SHS | 336917109 |  | 5325760 | 122685 | SH |  | SOLE |  | 0 | 0 | 122685 |
| FIRST TR EXCHANGE-TRADED ALP | SHS ISSUED FRST | 33733C108 |  | 357349 | 4095 | SH |  | SOLE |  | 0 | 0 | 4095 |
| FIRST TR EXCHANGE-TRADED FD | CAP STRENGTH ETF | 33733E104 |  | 1867234 | 19941 | SH |  | SOLE |  | 0 | 0 | 19941 |
| FIRST TR EXCHANGE-TRADED FD | DJ INTERNT IDX | 33733E302 |  | 1518131 | 5425 | SH |  | SOLE |  | 0 | 0 | 5425 |
| FIRST TR EXCHANGE-TRADED FD | NASDAQ 100 EX | 33733E401 |  | 761398 | 7696 | SH |  | SOLE |  | 0 | 0 | 7696 |
| FIRST TR EXCHANGE-TRADED FD | SHS | 337345102 |  | 329032 | 1433 | SH |  | SOLE |  | 0 | 0 | 1433 |
| FIRST TR EXCHANGE-TRADED ALP | COM SHS | 33734K109 |  | 560624 | 4799 | SH |  | SOLE |  | 0 | 0 | 4799 |
| FIRST TR EXCHANGE TRADED FD | ENERGY ALPHADX | 33734X127 |  | 223978 | 13741 | SH |  | SOLE |  | 0 | 0 | 13741 |
| FIRST TR EXCHANGE TRADED FD | FINLS ALPHADEX | 33734X135 |  | 1266890 | 21332 | SH |  | SOLE |  | 0 | 0 | 21332 |
| FIRST TR EXCHANGE TRADED FD | INDLS PROD DUR | 33734X150 |  | 1148806 | 14717 | SH |  | SOLE |  | 0 | 0 | 14717 |
| FIRST TR EXCHANGE TRADED FD | TECH ALPHADEX | 33734X176 |  | 342027 | 2036 | SH |  | SOLE |  | 0 | 0 | 2036 |
| FIRST TR EXCHANGE TRADED FD | UTILITIES ALPH | 33734X184 |  | 956712 | 21050 | SH |  | SOLE |  | 0 | 0 | 21050 |
| FIRST TR EXCHANGE-TRADED ALP | COM SHS | 33735K108 |  | 3143966 | 19569 | SH |  | SOLE |  | 0 | 0 | 19569 |
| FIRST TR EXCH TRD ALPHDX FD | EUROPE ALPHADEX | 33737J117 |  | 587501 | 11478 | SH |  | SOLE |  | 0 | 0 | 11478 |
| FIRST TR EXCHANGE-TRADED ALP | SML CP GRW ALP | 33737M300 |  | 2022729 | 22298 | SH |  | SOLE |  | 0 | 0 | 22298 |
| FIRST TR EXCHANGE TRADED FD | RISNG DIVD ACHIV | 33738R506 |  | 6769648 | 100649 | SH |  | SOLE |  | 0 | 0 | 100649 |
| FIRST TR EXCHANGE TRADED FD | DORSEY WRT 5 ETF | 33738R605 |  | 8728546 | 140965 | SH |  | SOLE |  | 0 | 0 | 140965 |
| FIRST TR EXCHANGE TRADED FD | NASDQ OIL GAS | 33738R845 |  | 263844 | 9271 | SH |  | SOLE |  | 0 | 0 | 9271 |
| FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 33739E108 |  | 212897 | 11672 | SH |  | SOLE |  | 0 | 0 | 11672 |
| GE AEROSPACE | COM NEW | 369604301 |  | 1294128 | 4302 | SH |  | SOLE |  | 0 | 0 | 4302 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 201195 | 2679 | SH |  | SOLE |  | 0 | 0 | 2679 |
| GE VERNOVA INC | COM | 36828A101 |  | 651180 | 1059 | SH |  | SOLE |  | 0 | 0 | 1059 |
| HONEYWELL INTL INC | COM | 438516106 |  | 239549 | 1138 | SH |  | SOLE |  | 0 | 0 | 1138 |
| INVESCO EXCHANGE TRADED FD T | LARGE CAP GROWTH | 46137V746 |  | 482867 | 3850 | SH |  | SOLE |  | 0 | 0 | 3850 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 12618191 | 21017 | SH |  | SOLE |  | 0 | 0 | 21017 |
| INVESCO EXCH TRADED FD TR II | S LOW VOL | 46138E354 |  | 257180 | 3500 | SH |  | SOLE |  | 0 | 0 | 3500 |
| ISHARES TR | CORE S ETF | 464287200 |  | 1538052 | 2298 | SH |  | SOLE |  | 0 | 0 | 2298 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 973027 | 14910 | SH |  | SOLE |  | 0 | 0 | 14910 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 706803 | 5948 | SH |  | SOLE |  | 0 | 0 | 5948 |
| ISHARES TR | CORE HIGH DV ETF | 46429B663 |  | 2129506 | 17391 | SH |  | SOLE |  | 0 | 0 | 17391 |
| ISHARES TR | CORE DIV GRWTH | 46434V621 |  | 324538 | 4767 | SH |  | SOLE |  | 0 | 0 | 4767 |
| BLACKROCK ETF TRUST II | ISHARES FLEXIBLE | 092528603 |  | 1394835 | 26199 | SH |  | SOLE |  | 0 | 0 | 26199 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 2577779 | 31750 | SH |  | SOLE |  | 0 | 0 | 31750 |
| ISHARES TR | MSCI EMG MKT ETF | 464287234 |  | 2839171 | 53168 | SH |  | SOLE |  | 0 | 0 | 53168 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 2515017 | 26936 | SH |  | SOLE |  | 0 | 0 | 26936 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 1895397 | 59943 | SH |  | SOLE |  | 0 | 0 | 59943 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 434920 | 3054 | SH |  | SOLE |  | 0 | 0 | 3054 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 1405698 | 3001 | SH |  | SOLE |  | 0 | 0 | 3001 |
| ISHARES TR | RUS 1000 ETF | 464287622 |  | 4129655 | 11299 | SH |  | SOLE |  | 0 | 0 | 11299 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 250912 | 784 | SH |  | SOLE |  | 0 | 0 | 784 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 999355 | 4130 | SH |  | SOLE |  | 0 | 0 | 4130 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 437127 | 3621 | SH |  | SOLE |  | 0 | 0 | 3621 |
| ISHARES TR | SHORT TREAS BD | 464288679 |  | 2442269 | 22104 | SH |  | SOLE |  | 0 | 0 | 22104 |
| ISHARES TR | U.S. FINLS ETF | 464287788 |  | 884072 | 6981 | SH |  | SOLE |  | 0 | 0 | 6981 |
| ISHARES TR | U.S. BAS MTL ETF | 464287838 |  | 381789 | 2576 | SH |  | SOLE |  | 0 | 0 | 2576 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 243642 | 1314 | SH |  | SOLE |  | 0 | 0 | 1314 |
| JPMORGAN CHASE  CO. | COM | 46625H100 |  | 326155 | 1034 | SH |  | SOLE |  | 0 | 0 | 1034 |
| LINCOLN NATL CORP IND | COM | 534187109 |  | 911741 | 22607 | SH |  | SOLE |  | 0 | 0 | 22607 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 218992 | 385 | SH |  | SOLE |  | 0 | 0 | 385 |
| MICROSOFT CORP | COM | 594918104 |  | 884658 | 1708 | SH |  | SOLE |  | 0 | 0 | 1708 |
| MPLX LP | COM UNIT REP LTD | 55336V100 |  | 202298 | 4050 | SH |  | SOLE |  | 0 | 0 | 4050 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 273340 | 1465 | SH |  | SOLE |  | 0 | 0 | 1465 |
| OLD REP INTL CORP | COM | 680223104 |  | 465769 | 10967 | SH |  | SOLE |  | 0 | 0 | 10967 |
| PEPSICO INC | COM | 713448108 |  | 204129 | 1454 | SH |  | SOLE |  | 0 | 0 | 1454 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 4128424 | 26869 | SH |  | SOLE |  | 0 | 0 | 26869 |
| RITHM CAPITAL CORP | COM NEW | 64828T201 |  | 113900 | 10000 | SH |  | SOLE |  | 0 | 0 | 10000 |
| RTX CORPORATION | COM | 75513E101 |  | 348548 | 2083 | SH |  | SOLE |  | 0 | 0 | 2083 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 294021 | 10770 | SH |  | SOLE |  | 0 | 0 | 10770 |
| SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 78468R663 |  | 1742242 | 18989 | SH |  | SOLE |  | 0 | 0 | 18989 |
| SPDR SERIES TRUST | S 400 MDCP VAL | 78464A839 |  | 1072287 | 12856 | SH |  | SOLE |  | 0 | 0 | 12856 |
| T ROWE PRICE ETF INC | CAP APPRECIATION | 87283Q867 |  | 2920592 | 77469 | SH |  | SOLE |  | 0 | 0 | 77469 |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 |  | 388771 | 1392 | SH |  | SOLE |  | 0 | 0 | 1392 |
| TCW ETF TRUST | FLEXIBLE INCOME | 29287L700 |  | 434576 | 10919 | SH |  | SOLE |  | 0 | 0 | 10919 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 213369 | 757 | SH |  | SOLE |  | 0 | 0 | 757 |
| TSAKOS ENERGY NAVIGATION LTD | SHS | G9108L173 |  | 206600 | 9298 | SH |  | SOLE |  | 0 | 0 | 9298 |
| US BANCORP DEL | COM NEW | 902973304 |  | 1039918 | 21517 | SH |  | SOLE |  | 0 | 0 | 21517 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 703475 | 3260 | SH |  | SOLE |  | 0 | 0 | 3260 |
| VANGUARD WORLD FD | INDUSTRIAL ETF | 92204A603 |  | 290364 | 980 | SH |  | SOLE |  | 0 | 0 | 980 |
| VANGUARD WORLD FD | INF TECH ETF | 92204A702 |  | 226976 | 304 | SH |  | SOLE |  | 0 | 0 | 304 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 5662417 | 32434 | SH |  | SOLE |  | 0 | 0 | 32434 |
| VANGUARD INDEX FDS | MCAP GR IDXVIP | 922908538 |  | 6304184 | 21458 | SH |  | SOLE |  | 0 | 0 | 21458 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 205030 | 698 | SH |  | SOLE |  | 0 | 0 | 698 |
| VANGUARD SCOTTSDALE FDS | VNG RUS2000IDX | 92206C664 |  | 267245 | 2732 | SH |  | SOLE |  | 0 | 0 | 2732 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206C680 |  | 397410 | 3298 | SH |  | SOLE |  | 0 | 0 | 3298 |
| VANGUARD ADMIRAL FDS INC | 500 GRTH IDX F | 921932505 |  | 1561998 | 3587 | SH |  | SOLE |  | 0 | 0 | 3587 |
| VANGUARD ADMIRAL FDS INC | 500 VAL IDX FD | 921932703 |  | 2546034 | 12764 | SH |  | SOLE |  | 0 | 0 | 12764 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 1905730 | 3112 | SH |  | SOLE |  | 0 | 0 | 3112 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 1003060 | 4806 | SH |  | SOLE |  | 0 | 0 | 4806 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 2350909 | 31611 | SH |  | SOLE |  | 0 | 0 | 31611 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 2380221 | 7253 | SH |  | SOLE |  | 0 | 0 | 7253 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 396385 | 4729 | SH |  | SOLE |  | 0 | 0 | 4729 |

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