Tilson Financial Group, Inc.
- SEC CIK
- 0001964820
- Latest filing
- Jul 27, 2026
The latest 13F from Tilson Financial Group, Inc. covers Q2 2026 (filed Jul 27, 2026): 86 long positions worth $363.6M. The top 10 holdings make up 59.3% of the portfolio, and the largest is Vanguard Malvern FDS at 12.4%. Livermore has 16 filings on Form 13F from this institution, going back to Q4 2022.
What changed in Q2 2026
Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.
- New
- 8
- Est. +$2.37M
- Added
- 50
- Est. +$9.69M
- Reduced
- 17
- Est. −$791.6K
- Sold out
- 1
- Est. −$6.03M
Top 5 holdings
Share of this quarter's portfolio value
- Vanguard Malvern FDS92202074812.4%$45.2M
- Vanguard Morningstar Growth ETF92290873610.8%$39.4M
- Dimensional ETF Trust25434V6668.6%$31.2M
- Dimensional U.S. Small Cap ETF25434V5007.1%$25.9M
- Morgan Stanley ETF Trust61774R8254.7%$17.2M
Biggest buys
New and added positions, by estimated amount bought
- Vanguard Morningstar Growth ETF922908736+$2.02MAddedConverted for a 6-for-1 split
- Vanguard Malvern FDS922020748+$1.99MAdded
- Vanguard Mun BD FDS922907712+$1.06MAdded
- MUMicron Technology Inc
- SPDR Series Trust78464A672+$490.2KAdded
Largest weight increases
New and added positions, by percentage points of the portfolio gained
- Vanguard Morningstar Growth ETF922908736+1.36 pp9.5% → 10.8%
- Dimensional U.S. Small Cap ETF25434V500+0.54 pp6.6% → 7.1%
- Dimensional ETF Trust25434V732+0.31 pp2.9% → 3.2%
- Dimensional ETF Trust25434V666+0.20 pp8.4% → 8.6%
- State Street SPDR Portfolio S&P 500 ETF78464A854+0.18 pp1.7% → 1.8%
Biggest sells
Reduced and sold-out positions, by estimated amount sold
Largest weight decreases
Reduced and sold-out positions, by percentage points of the portfolio lost
- XOMExxonMobil Holdings Corp
- Ssga Active ETF Tr78467V103−0.41 pp3.1% → 2.7%
- Vanguard Mun BD FDS922907746−0.15 pp1.5% → 1.4%
- Dimensional ETF Trust25434V799−0.10 pp1.8% → 1.7%
- SPDR Series Trust78468R739−0.07 pp0.8% → 0.7%
Metrics
13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.
- Portfolio value
- $363.6M
- +$30.4M (+9.1%) vs. prior quarter
- Positions
- 86
- +7 vs. prior quarter
- Top 10 concentration
- 59.3%
- Top 10 as share of value
- Turnover
- 2.0%
- Q2 2026, one quarter
- Average holding period
- 10.0 quarters
- Weighted by value
How these are calculated
- Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
- Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
- Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
- Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2022), so positions held before then are understated.
13F filings by quarter
15 quarters, going back to Q4 2022. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.
Peak $363.6M (Q2 2026)
| Quarter | Filed | Positions | Value | Top 3 holdings | Changes | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 27, 2026 | 86 | $363.6M | Vanguard Malvern FDSVanguard Morningstar Growth ETFDimensional ETF Trust | vs. Q1 2026 | SEC |
| Q1 2026 | Apr 29, 2026 | 79 | $333.2M | Vanguard Malvern FDSVanguard Morningstar Growth ETFDimensional ETF Trust | vs. Q4 2025 | SEC |
| Q4 2025 | Feb 5, 2026 | 83 | $325.0M | Vanguard Malvern FDSVanguard Morningstar Growth ETFDimensional ETF Trust | vs. Q3 2025 | SEC |
| Q3 2025 | Oct 22, 2025 | 77 | $304.3M | Vanguard Malvern FDSVanguard Morningstar Growth ETFDimensional ETF Trust | vs. Q2 2025 | SEC |
| Q2 2025 | Aug 7, 2025 | 75 | $265.1M | Vanguard Malvern FDSVanguard Morningstar Growth ETFDimensional ETF Trust | vs. Q1 2025 | SEC |
| Q1 2025 | Apr 29, 2025 | 72 | $252.8M | Vanguard Malvern FDSVanguard Morningstar Growth ETFDimensional ETF Trust | vs. Q4 2024 | SEC |
| Q4 2024 | Feb 7, 2025 | 73 | $245.1M | Vanguard Malvern FDSVanguard Morningstar Growth ETFDimensional ETF Trust | vs. Q3 2024 | SEC |
| Q3 2024 | Oct 28, 2024Amended | 72 | $230.8M | Vanguard Morningstar Growth ETFVanguard Malvern FDSDimensional U.S. Small Cap ETF | vs. Q2 2024 | SEC |
| Q2 2024 | Jul 25, 2024 | 37 | $99.0M | Dimensional U.S. Small Cap ETFDimensional ETF TrustSPDR Series Trust | vs. Q1 2024 | SEC |
| Q1 2024 | Apr 25, 2024 | 69 | $186.2M | Vanguard Morningstar Growth ETFDimensional U.S. Small Cap ETFDimensional ETF Trust | vs. Q4 2023 | SEC |
| Q4 2023 | Jan 29, 2024 | 63 | $155.4M | SPDR Series TrustDimensional U.S. Small Cap ETFVanguard Morningstar Growth ETF | vs. Q3 2023 | SEC |
| Q3 2023 | Oct 31, 2023 | 59 | $127.3M | SPDR Series TrustVanguard Morningstar Growth ETFVanguard Malvern FDS | vs. Q2 2023 | SEC |
| Q2 2023 | Jul 18, 2023 | 28 | $58.8M | SPDR Series TrustSPYSsga Active ETF Tr | vs. Q1 2023 | SEC |
| Q1 2023 | Apr 28, 2023 | 59 | $122.4M | SPDR Series TrustVanguard Malvern FDSSPY | vs. Q4 2022 | SEC |
| Q4 2022 | Feb 6, 2023 | 59 | $117.4M | SPDR Series TrustVanguard Malvern FDSSPY | – | SEC |