# EDGAR Filing Document

**Accession Number:** 0001641438
**File Stem:** 0001641438-23-000003
**Filing Date:** 2023-2
**Character Count:** 15422
**Document Hash:** 2f5a01541fdf74308364e0e366376cdd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001641438-23-000003.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001641438-23-000003

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**EFFECTIVENESS DATE**: 20230209

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Financial Enhancement Group LLC
- **CENTRAL INDEX KEY:** 0001641438
- **IRS NUMBER:** 300041649
- **STATE OF INCORPORATION:** IN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-16993
- **FILM NUMBER:** 23601622

**BUSINESS ADDRESS:**
- **STREET 1:** 2704 ENTERPRISE DRIVE
- **CITY:** ANDERSON
- **STATE:** IN
- **ZIP:** 46013
- **BUSINESS PHONE:** 765-640-1524

**MAIL ADDRESS:**
- **STREET 1:** 2704 ENTERPRISE DRIVE
- **CITY:** ANDERSON
- **STATE:** IN
- **ZIP:** 46013

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** Financial Enhancement Group LLC<br>**Address:** 2704 ENTERPRISE DRIVE<br>ANDERSON, IN 46013

**Form 13F File Number:** 028-16993

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:** Donald E Hodson<br>**Title:** CCO<br>**Phone:** 765-640-1524

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

Donald E Hodson  Anderson, IN  02-09-2023<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:** 114

**Form 13F Information Table Value Total:** $521640510

      (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 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 885614 | 12150 | SH |  | SOLE | 0 | 0 | 0 | 12150 |
| ADVISORSHARES TR | PURE US CANNABIS | 00768Y453 |  | 933084 | 139475 | SH |  | SOLE | 0 | 0 | 0 | 139475 |
| AMERICAN FINL GROUP INC OHIO | COM | 025932104 |  | 1816935 | 13242 | SH |  | SOLE | 0 | 0 | 0 | 13242 |
| AMPLIFY ETF TR | CWP ENHANCED DIV | 032108409 |  | 3899966 | 108725 | SH |  | SOLE | 0 | 0 | 0 | 108725 |
| APPLE INC | COM | 037833100 |  | 8768122 | 57715 | SH |  | SOLE | 0 | 0 | 0 | 57715 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1229910 | 3987 | SH |  | SOLE | 0 | 0 | 0 | 3987 |
| BOOKING HOLDINGS INC | COM | 09857L108 |  | 577169 | 238 | SH |  | SOLE | 0 | 0 | 0 | 238 |
| BOSTON SCIENTIFIC CORP | COM | 101137107 |  | 211680 | 4448 | SH |  | SOLE | 0 | 0 | 0 | 4448 |
| BP PLC | SPONSORED ADR | 055622104 |  | 906652 | 23458 | SH |  | SOLE | 0 | 0 | 0 | 23458 |
| BROADCOM INC | COM | 11135F101 |  | 5395534 | 8967 | SH |  | SOLE | 0 | 0 | 0 | 8967 |
| BROWN  BROWN INC | COM | 115236101 |  | 419088 | 7108 | SH |  | SOLE | 0 | 0 | 0 | 7108 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 457030 | 5594 | SH |  | SOLE | 0 | 0 | 0 | 5594 |
| CAMBRIA ETF TR | VALUE MOMENTUM | 132061888 |  | 4511997 | 166409 | SH |  | SOLE | 0 | 0 | 0 | 166409 |
| CAPITOL SER TR | FAIRLEAD TACTICA | 14064D550 |  | 6724985 | 280091 | SH |  | SOLE | 0 | 0 | 0 | 280091 |
| CHENIERE ENERGY INC | COM NEW | 16411R208 |  | 1762420 | 11849 | SH |  | SOLE | 0 | 0 | 0 | 11849 |
| CHEVRON CORP NEW | COM | 166764100 |  | 228140 | 1342 | SH |  | SOLE | 0 | 0 | 0 | 1342 |
| CHUBB LIMITED | COM | H1467J104 |  | 1185286 | 5504 | SH |  | SOLE | 0 | 0 | 0 | 5504 |
| CHURCH  DWIGHT CO INC | COM | 171340102 |  | 906650 | 10892 | SH |  | SOLE | 0 | 0 | 0 | 10892 |
| DANAHER CORPORATION | COM | 235851102 |  | 2914829 | 11128 | SH |  | SOLE | 0 | 0 | 0 | 11128 |
| DBX ETF TR | XTRACK USD HIGH | 233051432 |  | 9834060 | 283076 | SH |  | SOLE | 0 | 0 | 0 | 283076 |
| DBX ETF TR | XTRACK MSCI JAPN | 233051507 |  | 5637568 | 109732 | SH |  | SOLE | 0 | 0 | 0 | 109732 |
| DEERE  CO | COM | 244199105 |  | 5026818 | 12330 | SH |  | SOLE | 0 | 0 | 0 | 12330 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 597555 | 2625 | SH |  | SOLE | 0 | 0 | 0 | 2625 |
| DOVER CORP | COM | 260003108 |  | 5462449 | 35436 | SH |  | SOLE | 0 | 0 | 0 | 35436 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 403272 | 834 | SH |  | SOLE | 0 | 0 | 0 | 834 |
| EOG RES INC | COM | 26875P101 |  | 7667716 | 59606 | SH |  | SOLE | 0 | 0 | 0 | 59606 |
| ETF MANAGERS TR | ETFMG US ALTER | 26924G755 |  | 1282294 | 704557 | SH |  | SOLE | 0 | 0 | 0 | 704557 |
| EXPEDITORS INTL WASH INC | COM | 302130109 |  | 254630 | 2254 | SH |  | SOLE | 0 | 0 | 0 | 2254 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 412846 | 3624 | SH |  | SOLE | 0 | 0 | 0 | 3624 |
| FIRST TR EXCH TRADED FD III | LNG/SHT EQUITY | 33739P103 |  | 16300196 | 323866 | SH |  | SOLE | 0 | 0 | 0 | 323866 |
| FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 33739E108 |  | 7179719 | 399095 | SH |  | SOLE | 0 | 0 | 0 | 399095 |
| FIRST TR EXCHANGE TRAD FD VI | FST TR GLB FD | 33739H101 |  | 220395 | 9210 | SH |  | SOLE | 0 | 0 | 0 | 9210 |
| FIRST TR EXCHANGE TRADED FD | ENERGY ALPHADX | 33734X127 |  | 4480560 | 268297 | SH |  | SOLE | 0 | 0 | 0 | 268297 |
| FIRST TR EXCHANGE TRADED FD | FINLS ALPHADEX | 33734X135 |  | 4989969 | 108203 | SH |  | SOLE | 0 | 0 | 0 | 108203 |
| FIRST TR EXCHANGE TRADED FD | WTR ETF | 33733B100 |  | 1212821 | 14240 | SH |  | SOLE | 0 | 0 | 0 | 14240 |
| FIRST TR EXCHANGE TRADED FD | MATERIALS ALPH | 33734X168 |  | 4202004 | 60287 | SH |  | SOLE | 0 | 0 | 0 | 60287 |
| FIRST TR EXCHANGE-TRADED FD | NY ARCA BIOTECH | 33733E203 |  | 603451 | 3737 | SH |  | SOLE | 0 | 0 | 0 | 3737 |
| FIRST TR EXCHANGE-TRADED FD | NASDAQ 100 EX | 33733E401 |  | 9049524 | 109891 | SH |  | SOLE | 0 | 0 | 0 | 109891 |
| FIRST TR EXCHANGE-TRADED FD | FIRST TR ENH NEW | 33739Q408 |  | 15409521 | 258810 | SH |  | SOLE | 0 | 0 | 0 | 258810 |
| FIRST TR EXCHANGE-TRADED FD | SENIOR LN FD | 33738D309 |  | 5136831 | 112305 | SH |  | SOLE | 0 | 0 | 0 | 112305 |
| FIRST TR EXCHANGE-TRADED FD | FST LOW OPPT EFT | 33739Q200 |  | 14746933 | 307484 | SH |  | SOLE | 0 | 0 | 0 | 307484 |
| FMC CORP | COM NEW | 302491303 |  | 7176367 | 55860 | SH |  | SOLE | 0 | 0 | 0 | 55860 |
| FREEPORT-MCMORAN INC | CL B | 35671D857 |  | 4496709 | 104526 | SH |  | SOLE | 0 | 0 | 0 | 104526 |
| FTI CONSULTING INC | COM | 302941109 |  | 4022081 | 24434 | SH |  | SOLE | 0 | 0 | 0 | 24434 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 |  | 1375683 | 19605 | SH |  | SOLE | 0 | 0 | 0 | 19605 |
| GENUINE PARTS CO | COM | 372460105 |  | 762164 | 4498 | SH |  | SOLE | 0 | 0 | 0 | 4498 |
| HOME DEPOT INC | COM | 437076102 |  | 233535 | 728 | SH |  | SOLE | 0 | 0 | 0 | 728 |
| INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 |  | 4196908 | 38416 | SH |  | SOLE | 0 | 0 | 0 | 38416 |
| INVESCO EXCH TRADED FD TR II | INTL BUYBACK | 46138E644 |  | 1915386 | 54023 | SH |  | SOLE | 0 | 0 | 0 | 54023 |
| INVESCO EXCH TRADED FD TR II | S SMLCP ENGY | 46138E164 |  | 2198644 | 204525 | SH |  | SOLE | 0 | 0 | 0 | 204525 |
| INVESCO EXCH TRD SLF IDX FD | RUSL 1000 DYNM | 46138J619 |  | 10245818 | 216568 | SH |  | SOLE | 0 | 0 | 0 | 216568 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 7997312 | 52652 | SH |  | SOLE | 0 | 0 | 0 | 52652 |
| INVESCO EXCHANGE TRADED FD T | S PUR VAL | 46137V258 |  | 12266987 | 143256 | SH |  | SOLE | 0 | 0 | 0 | 143256 |
| ISHARES INC | MSCI GBL GOLD MN | 46434G855 |  | 410302 | 17305 | SH |  | SOLE | 0 | 0 | 0 | 17305 |
| ISHARES INC | MSCI MEXICO ETF | 464286822 |  | 2023446 | 36230 | SH |  | SOLE | 0 | 0 | 0 | 36230 |
| ISHARES TR | MSCI USA MIN VOL | 46429B697 |  | 6550982 | 90408 | SH |  | SOLE | 0 | 0 | 0 | 90408 |
| ISHARES TR | MSCI USA QLT FCT | 46432F339 |  | 1345895 | 10905 | SH |  | SOLE | 0 | 0 | 0 | 10905 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 7105779 | 36871 | SH |  | SOLE | 0 | 0 | 0 | 36871 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 7008441 | 44877 | SH |  | SOLE | 0 | 0 | 0 | 44877 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 7877103 | 111180 | SH |  | SOLE | 0 | 0 | 0 | 111180 |
| ISHARES TR | MBS ETF | 464288588 |  | 6593438 | 69390 | SH |  | SOLE | 0 | 0 | 0 | 69390 |
| ISHARES TR | MSCI INDIA ETF | 46429B598 |  | 670366 | 16540 | SH |  | SOLE | 0 | 0 | 0 | 16540 |
| J P MORGAN EXCHANGE TRADED F | ULTRA SHRT INC | 46641Q837 |  | 1621654 | 32291 | SH |  | SOLE | 0 | 0 | 0 | 32291 |
| JANUS DETROIT STR TR | HENDERSON MTG | 47103U852 |  | 8623969 | 184826 | SH |  | SOLE | 0 | 0 | 0 | 184826 |
| JANUS DETROIT STR TR | HENDRSON AAA CL | 47103U845 |  | 20486539 | 411129 | SH |  | SOLE | 0 | 0 | 0 | 411129 |
| JANUS DETROIT STR TR | B-BBB CLO ETF | 47103U753 |  | 13930690 | 299006 | SH |  | SOLE | 0 | 0 | 0 | 299006 |
| JANUS DETROIT STR TR | HENDRSN SHRT ETF | 47103U886 |  | 14722653 | 308457 | SH |  | SOLE | 0 | 0 | 0 | 308457 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 270775 | 1655 | SH |  | SOLE | 0 | 0 | 0 | 1655 |
| KRANESHARES TR | QUADRTC INT RT | 500767736 |  | 12615685 | 580298 | SH |  | SOLE | 0 | 0 | 0 | 580298 |
| LILLY ELI  CO | COM | 532457108 |  | 622173 | 1826 | SH |  | SOLE | 0 | 0 | 0 | 1826 |
| LKQ CORP | COM | 501889208 |  | 7349364 | 131379 | SH |  | SOLE | 0 | 0 | 0 | 131379 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 2125636 | 4526 | SH |  | SOLE | 0 | 0 | 0 | 4526 |
| MANAGED PORTFOLIO SERIES | TORTOISE NRAM PI | 56167N720 |  | 1299518 | 51142 | SH |  | SOLE | 0 | 0 | 0 | 51142 |
| MERCK  CO INC | COM | 58933Y105 |  | 8279210 | 77637 | SH |  | SOLE | 0 | 0 | 0 | 77637 |
| MICROSOFT CORP | COM | 594918104 |  | 513189 | 1924 | SH |  | SOLE | 0 | 0 | 0 | 1924 |
| NEWMONT CORP | COM | 651639106 |  | 769732 | 15920 | SH |  | SOLE | 0 | 0 | 0 | 15920 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 6980852 | 93041 | SH |  | SOLE | 0 | 0 | 0 | 93041 |
| NUVEEN PFD  INCOME SECS FD | COM | 67072C105 |  | 471363 | 62598 | SH |  | SOLE | 0 | 0 | 0 | 62598 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1240815 | 5588 | SH |  | SOLE | 0 | 0 | 0 | 5588 |
| PACER FDS TR | TRENDP US LAR CP | 69374H105 |  | 7398584 | 194546 | SH |  | SOLE | 0 | 0 | 0 | 194546 |
| PACER FDS TR | CFRA STVAL EQL | 69374H691 |  | 1665819 | 43724 | SH |  | SOLE | 0 | 0 | 0 | 43724 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 1856425 | 18697 | SH |  | SOLE | 0 | 0 | 0 | 18697 |
| QUALYS INC | COM | 74758T303 |  | 775575 | 6306 | SH |  | SOLE | 0 | 0 | 0 | 6306 |
| QUANTA SVCS INC | COM | 74762E102 |  | 1474388 | 9677 | SH |  | SOLE | 0 | 0 | 0 | 9677 |
| SCHWAB CHARLES CORP | COM | 808513105 |  | 4839180 | 60032 | SH |  | SOLE | 0 | 0 | 0 | 60032 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 4438206 | 120669 | SH |  | SOLE | 0 | 0 | 0 | 120669 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 3948201 | 29818 | SH |  | SOLE | 0 | 0 | 0 | 29818 |
| SIMPLIFY EXCHANGE TRADED FUN | HEDGED EQUITY | 82889N764 |  | 8672952 | 366721 | SH |  | SOLE | 0 | 0 | 0 | 366721 |
| SIMPLIFY EXCHANGE TRADED FUN | US EQT PLS DWNSD | 82889N202 |  | 694716 | 26823 | SH |  | SOLE | 0 | 0 | 0 | 26823 |
| SIMPLIFY EXCHANGE TRADED FUN | US EQT PLS CNVEX | 82889N103 |  | 15903099 | 584445 | SH |  | SOLE | 0 | 0 | 0 | 584445 |
| SPDR INDEX SHS FDS | MSCI WRLD STRGIC | 78463X418 |  | 677477 | 6863 | SH |  | SOLE | 0 | 0 | 0 | 6863 |
| SPDR INDEX SHS FDS | MSCI EAFE STRTGC | 78463X434 |  | 25507716 | 372612 | SH |  | SOLE | 0 | 0 | 0 | 372612 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 4161082 | 119503 | SH |  | SOLE | 0 | 0 | 0 | 119503 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 263227 | 641 | SH |  | SOLE | 0 | 0 | 0 | 641 |
| SPDR SER TR | PORTFLI INTRMDIT | 78464A672 |  | 994045 | 34769 | SH |  | SOLE | 0 | 0 | 0 | 34769 |
| SPDR SER TR | PRTFLO S HI | 78468R788 |  | 548756 | 13125 | SH |  | SOLE | 0 | 0 | 0 | 13125 |
| SPDR SER TR | S 600 SMCP GRW | 78464A201 |  | 8966924 | 114083 | SH |  | SOLE | 0 | 0 | 0 | 114083 |
| SPDR SER TR | PORTFOLIO S | 78464A854 |  | 2921455 | 60486 | SH |  | SOLE | 0 | 0 | 0 | 60486 |
| SPDR SER TR | RUSSELL MOMENTUM | 78468R762 |  | 2930216 | 29815 | SH |  | SOLE | 0 | 0 | 0 | 29815 |
| SPDR SER TR | PORTFOLIO S | 78464A847 |  | 1789932 | 38345 | SH |  | SOLE | 0 | 0 | 0 | 38345 |
| SPDR SER TR | PORTFOLIO SHORT | 78464A474 |  | 417877 | 14151 | SH |  | SOLE | 0 | 0 | 0 | 14151 |
| SPDR SER TR | PORTFOLI S | 78464A805 |  | 33180568 | 652262 | SH |  | SOLE | 0 | 0 | 0 | 652262 |
| STRATEGY SHS | NEWFOUND RESLV | 86280R886 |  | 1642123 | 65580 | SH |  | SOLE | 0 | 0 | 0 | 65580 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 4309577 | 17049 | SH |  | SOLE | 0 | 0 | 0 | 17049 |
| VANECK ETF TRUST | LONG/FLAT TREND | 92189F148 |  | 876804 | 24522 | SH |  | SOLE | 0 | 0 | 0 | 24522 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1831036 | 44378 | SH |  | SOLE | 0 | 0 | 0 | 44378 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 686235 | 4395 | SH |  | SOLE | 0 | 0 | 0 | 4395 |
| VICTORY PORTFOLIOS II | VCTRYSHS INTL MO | 92647N550 |  | 360149 | 8360 | SH |  | SOLE | 0 | 0 | 0 | 8360 |
| VIRTUS ETF TR II | VIRTUS US QLTY | 92790A504 |  | 4683328 | 167202 | SH |  | SOLE | 0 | 0 | 0 | 167202 |
| VISA INC | COM CL A | 92826C839 |  | 4971955 | 21598 | SH |  | SOLE | 0 | 0 | 0 | 21598 |
| WISDOMTREE TR | US MULTIFACTOR | 97717Y857 |  | 2513420 | 64265 | SH |  | SOLE | 0 | 0 | 0 | 64265 |
| WISDOMTREE TR | INTL QULTY DIV | 97717X131 |  | 595533 | 18041 | SH |  | SOLE | 0 | 0 | 0 | 18041 |
| WORLD GOLD TR | SPDR GLD MINIS | 98149E303 |  | 455062 | 12223 | SH |  | SOLE | 0 | 0 | 0 | 12223 |
| YAMANA GOLD INC | COM | 98462Y100 |  | 2445482 | 429786 | SH |  | SOLE | 0 | 0 | 0 | 429786 |

---