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Livermore
Livermore
ZHEN

TFB Advisors LLC

SEC CIK
0001965201
Latest filing
Aug 6, 2026

Holdings in Q3 2023

Holdings as of Sep 30, 2023, filed Nov 13, 2023. Long positions only; changes compare share counts with Q2 2023.

Institution overview
Positions
105
−126 vs. Q2 2023
Portfolio value
$82.3M
−$147.3M (−64.2%) vs. Q2 2023
Filed
Nov 13, 2023
SEC
Holdings of TFB Advisors LLC in Q3 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
iShares Tr46434V878ULTRA SHORT DUR134,270$6.76M8.2%+112,187+508.0%Added–
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833ETF46,541$4.66M5.7%−891−1.9%Reduced–
iShares Core MSCI Eafe ETF46432F842ETF70,549$4.54M5.5%+4,557+6.9%Added–
iShares Core MSCI Emerging Markets ETF46434G103ETF58,442$2.78M3.4%+4,408+8.2%Added–
NVDANVIDIA CorpStock5,770$2.51M3.1%−474−7.6%ReducedHistory
First Tr Exchng Traded FD VI33740F755FT LADD BUFF ETF86,467$2.12M2.6%−5,935−6.4%Reduced–
State Street SPDR Bloomberg Convertible Securities ETF78464A359ETF27,849$1.89M2.3%−4,641−14.3%Reduced–
GOOGLAlphabet Inc.Stock13,860$1.81M2.2%+1,182+9.3%AddedHistory
FTHYFirst Trust High Yield Opportunities 2027 Term FundCOM132,799$1.77M2.1%−6,619−4.7%ReducedHistory
ProShares Tr74347R107PSHS ULT S&P 50030,662$1.64M2.0%−13,409−30.4%Reduced–
iShares MSCI USA Momentum Factor ETF46432F396ETF11,457$1.60M1.9%+1,437+14.3%Added–
SPDR Series Trust78468R622ST BLOO HIGH ETF16,009$1.45M1.8%+254+1.6%Added–
iShares U.S. Treasury Bond ETF46429B267ETF64,616$1.42M1.7%+8,577+15.3%Added–
First Trust Rising Dividend Achievers ETF33738R506ETF29,390$1.35M1.6%−9,750−24.9%Reduced–
GOOGAlphabet Inc.Stock10,200$1.34M1.6%+588+6.1%AddedHistory
APOApollo Global Management, Inc.COM14,489$1.30M1.6%+2,654+22.4%AddedHistory
J P Morgan Exchange Traded F46641Q399BETABUILDRS US16,743$1.29M1.6%+4,018+31.6%Added–
J P Morgan Exchange Traded F46641Q373BETABUILDERS I24,058$1.25M1.5%+697+3.0%Added–
HYIWestern Asset High Yield Opportunity Fund Inc.COM107,454$1.23M1.5%−6,049−5.3%ReducedHistory
iShares Tr46435G326CORE MSCI INTL21,048$1.23M1.5%+1,147+5.8%Added–
VVisa Inc.Stock4,719$1.09M1.3%+205+4.5%AddedHistory
Vanguard Total International Bond ETF92203J407ETF22,042$1.05M1.3%+1,778+8.8%Added–
Vanguard Mortgage-Backed Securities ETF92206C771ETF22,315$977.0K1.2%+2,177+10.8%Added–
TSLATesla, Inc.Stock3,782$946.3K1.2%+1,556+69.9%AddedHistory
BLDRBuilders FirstSource, Inc.Stock7,127$887.2K1.1%−56−0.8%ReducedHistory
SPYSPDR S&P 500 ETF TrustETF2,030$867.6K1.1%+130+6.8%AddedHistory
First Tr Exchng Traded FD VI33740U703FT VEST DEEP ETF39,638$842.3K1.0%−2,391−5.7%Reduced–
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF26,527$822.6K1.0%−2,222−7.7%Reduced–
VRTXVertex Pharmaceuticals IncStock2,353$818.2K1.0%−34−1.4%ReducedHistory
Dimensional World Ex U.S. Core Equity 2 ETF25434V880ETF34,027$766.3K0.9%+2,165+6.8%Added–
Dimensional U.S. Core Equity 2 ETF25434V708ETF28,984$759.4K0.9%+1,670+6.1%Added–
JPMJPMorgan Chase & CoStock5,164$748.8K0.9%−901−14.9%ReducedHistory
Invesco Exchange Traded FD T46137V464S&P MDCP MOMNTUM9,264$745.8K0.9%−194−2.1%Reduced–
State Street SPDR Portfolio S&P 500 Growth ETF78464A409ETF11,934$707.5K0.9%+2,340+24.4%Added–
iShares Tr46434V613CORE UNIVRSL USD15,828$691.9K0.8%+1,709+12.1%Added–
Dimensional ETF Trust25434V401US EQUI MARK ETF13,975$650.5K0.8%+760+5.8%Added–
AVGOBroadcom Inc.Stock760$631.2K0.8%+270+55.1%AddedHistory
BIIBBiogen Inc.COM2,444$628.1K0.8%+2+0.1%AddedHistory
Vanguard Intermediate-Term Corporate Bond ETF92206C870ETF8,248$626.7K0.8%+953+13.1%Added–
METAMeta Platforms, Inc.Stock1,909$573.1K0.7%+353+22.7%AddedHistory
SPDR Series Trust78464A201ST STR SP600GRWO7,819$572.9K0.7%−61−0.8%Reduced–
ORCLOracle CorpStock5,244$555.4K0.7%+137+2.7%AddedHistory
ADBEAdobe Inc.Stock1,086$553.8K0.7%+228+26.6%AddedHistory
XOMExxonMobil Holdings CorpCOM4,630$544.4K0.7%+342+8.0%AddedHistory
UNHUnitedHealth Group IncStock1,067$538.0K0.7%+147+16.0%AddedHistory
MAMastercard IncStock1,356$536.9K0.7%+108+8.7%AddedHistory
REGNRegeneron Pharmaceuticals, Inc.COM613$504.5K0.6%+63+11.5%AddedHistory
SPDR Index Shs FDS78463X434ST STR MSCI EAFE7,259$486.7K0.6%−432−5.6%Reduced–
J P Morgan Exchange Traded F46641Q134INTRNL RES EQT8,642$469.9K0.6%−4,076−32.0%Reduced–
COSTCostco Wholesale CorpStock816$461.0K0.6%+79+10.7%AddedHistory
MRKMerck & Co., Inc.Stock4,425$455.5K0.6%−707−13.8%ReducedHistory
PBFPBF Energy Inc.CL A8,445$452.1K0.5%+1,545+22.4%AddedHistory
First Tr Exchange Trad FD VI33739H101FST TR GLB FD18,154$435.7K0.5%+257+1.4%Added–
UNMUnum GroupStock8,682$427.1K0.5%+617+7.7%AddedHistory
UTHRUnited Therapeutics CorpCOM1,865$421.2K0.5%−89−4.6%ReducedHistory
First Tr Exchange-Traded FD33739Q705FT VEST S&P 5008,481$418.6K0.5%−265−3.0%Reduced–
DHIHorton D R IncCOM3,881$417.1K0.5%−151−3.7%ReducedHistory
VZVerizon Communications IncStock12,636$409.5K0.5%−838−6.2%ReducedHistory
First Tr Exchange-Traded FD33739Q200FST LOW OPPT EFT8,646$408.5K0.5%+8,646New–
LHLabcorp Holdings Inc.COM NEW2,029$407.9K0.5%−315−13.4%ReducedHistory
BXBlackstone Inc.COM3,720$398.6K0.5%+238+6.8%AddedHistory
ACGLArch Capital Group Ltd.Stock4,952$394.7K0.5%+4,952NewHistory
ASMLASML Holding NVADR666$392.0K0.5%−6−0.9%ReducedHistory
Innovator ETFs Trust45782C474US SML CP PWR B12,510$384.3K0.5%−1,323−9.6%Reduced–
PTLOPortillo's Inc.COM CL A24,900$383.2K0.5%+24,900NewHistory
VLOValero Energy CorpStock2,575$364.9K0.4%+2,575NewHistory
iShares MSCI USA Min Vol Factor ETF46429B697ETF4,967$359.5K0.4%+1,151+30.2%Added–
Vanguard Scottsdale FDS92206C102SHORT TERM TREAS6,230$358.8K0.4%−566−8.3%Reduced–
MOAltria Group, Inc.Stock8,426$354.3K0.4%+3,706+78.5%AddedHistory
ABBVAbbVie Inc.Stock2,267$337.9K0.4%+706+45.2%AddedHistory
PTYPIMCO Corporate & Income Opportunity FundCOM25,463$332.8K0.4%+15,000+143.4%AddedHistory
UBERUber Technologies, IncStock7,224$332.2K0.4%+627+9.5%AddedHistory
Indexiq Active ETF Tr45409F819IQ ULTR SHT DU6,944$331.6K0.4%−1,090−13.6%Reduced–
iShares Core MSCI Europe ETF46434V738ETF6,636$329.5K0.4%+311+4.9%Added–
CMCSAComcast CorpStock7,327$324.9K0.4%+1,583+27.6%AddedHistory
CBHVirtus Convertible & Income 2024 Target Term FundCOM36,903$324.0K0.4%00.0%UnchangedHistory
Vanguard Information Technology ETF92204A702ETF778$322.8K0.4%−58−6.9%Reduced–
IRTIndependence Realty Trust, Inc.COM22,885$322.0K0.4%+45+0.2%AddedHistory
CSCOCisco Systems, Inc.Stock5,938$319.2K0.4%−5,443−47.8%ReducedHistory
NOWServiceNow, Inc.Stock567$316.9K0.4%+69+13.9%AddedHistory
First Tr Exchange Traded FD33741X102SMID RISNG ETF11,178$315.6K0.4%−2,254−16.8%Reduced–
Flexshares Tr33939L803M STAR DEV MKT5,028$314.5K0.4%00.0%Unchanged–
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF3,383$310.6K0.4%+3,383New–
ISRGIntuitive Surgical IncCOM NEW1,057$309.0K0.4%+124+13.3%AddedHistory
Dimensional U.S. Targeted Value ETF25434V609ETF6,176$282.2K0.3%+288+4.9%Added–
PAYCPaycom Software, Inc.Stock1,067$276.6K0.3%+41+4.0%AddedHistory
First Tr Exchange-Traded FD33734H106SHS7,330$274.1K0.3%−1,865−20.3%Reduced–
SFMSprouts Farmers Market, Inc.COM6,382$273.1K0.3%−255−3.8%ReducedHistory
COPConocoPhillipsStock2,044$244.9K0.3%+33+1.6%AddedHistory
ACNAccenture plcStock781$239.9K0.3%+781NewHistory
SPDR Series Trust78468R408ST TERM HIGH ETF9,762$238.8K0.3%−68−0.7%Reduced–
KEYSKeysight Technologies, Inc.Stock1,737$229.8K0.3%+462+36.2%AddedHistory
State Street SPDR Portfolio S&P 500 ETF78464A854ETF4,549$228.6K0.3%−1,570−25.7%Reduced–
MDBMongoDB, Inc.CL A660$228.3K0.3%+660NewHistory
KKRKKR & Co. Inc.COM3,672$226.2K0.3%+3,672NewHistory
ZTSZoetis Inc.Stock1,278$222.3K0.3%+92+7.8%AddedHistory
NEENextera Energy IncStock3,876$222.1K0.3%−804−17.2%ReducedHistory
IDXXIDEXX Laboratories IncCOM485$212.1K0.3%+43+9.7%AddedHistory
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD2,804$210.7K0.3%+2,804New–
iShares Tr46434V696CORE MSCI PAC3,776$209.9K0.3%+142+3.9%Added–

Sold out since Q2 2023 (136)

Positions held at the end of Q2 2023 that are gone from this filing.

The largest 100 of 136 by value last quarter.

Positions of TFB Advisors LLC sold out since Q2 2023
SecurityClassShares in Q2 2023Value in Q2 2023% of portfolio in Q2 2023History
Vanguard World FD921910816MEGA GRWTH IND46,602$11.0M4.8%–
Vanguard S&P 500 ETF922908363ETF25,996$10.6M4.6%–
Vanguard World FD921910840MEGA CAP VAL ETF83,074$8.62M3.8%–
iShares Tr46428743220 YR TR BD ETF59,573$6.13M2.7%–
iShares Tr464288513IBOXX HI YD ETF66,392$4.98M2.2%–
Vanguard Morningstar Small-Cap Value ETF922908611ETF29,218$4.83M2.1%–
AAPLApple Inc.Stock24,017$4.66M2.0%History
Vanguard Morningstar Mid-Cap Value ETF922908512ETF32,760$4.53M2.0%–
iShares Core S&P 500 ETF464287200ETF9,402$4.19M1.8%–
Vanguard Morningstar Total Stock Market ETF922908769ETF18,643$4.11M1.8%–
MSFTMicrosoft CorpStock10,936$3.72M1.6%History
Vanguard Morningstar Mid-Cap Growth ETF922908538ETF17,522$3.61M1.6%–
PGProcter & Gamble CoStock22,295$3.38M1.5%History
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF30,010$3.25M1.4%–
Vanguard Dividend Appreciation ETF921908844ETF18,842$3.06M1.3%–
iShares Tr4642886613 7 YR TREAS BD22,404$2.58M1.1%–
Vanguard Morningstar Small-Cap Growth ETF922908595ETF10,468$2.40M1.0%–
Vanguard Morningstar Value ETF922908744ETF16,324$2.32M1.0%–
iShares Tr464288281JPMORGAN USD EMG26,626$2.30M1.0%–
iShares Russell Midcap ETF464287499ETF30,459$2.22M1.0%–
AMZNAmazon Com IncStock16,670$2.17M0.9%History
iShares Russell 2000 ETF464287655ETF10,552$1.98M0.9%–
Vanguard Index FDS922908652EXTEND MKT ETF12,471$1.86M0.8%–
iShares Tr464288638ISHS 5-10YR INVT35,493$1.79M0.8%–
BRK.BBerkshire Hathaway IncStock5,191$1.77M0.8%History
iShares Russell Mid-Cap Value ETF464287473ETF12,474$1.37M0.6%–
Vanguard Morningstar Growth ETF922908736ETF4,833$1.37M0.6%–
Invesco QQQ Trust Series I46090E103ETF3,518$1.30M0.6%–
iShares Core S&P Mid-Cap ETF464287507ETF4,940$1.29M0.6%–
iShares Tr4642874571 3 YR TREAS BD14,510$1.18M0.5%–
iShares Tr464288414NATIONAL MUN ETF10,222$1.09M0.5%–
iShares Tr464287630RUS 2000 VAL ETF7,665$1.08M0.5%–
PFEPfizer IncStock28,453$1.04M0.5%History
iShares Tr464288646ISHS 1-5YR INVS18,472$926.7K0.4%–
American Centy ETF Tr025072349US LARGE CAP VLU17,300$923.0K0.4%–
American Centy ETF Tr025072877US SML CP VALU11,727$910.1K0.4%–
WMTWalmart Inc.Stock5,736$901.6K0.4%History
GILDGilead Sciences, Inc.Stock11,499$886.2K0.4%History
iShares Inc464286525MSCI GBL MIN VOL8,857$868.4K0.4%–
Vanguard Morningstar Mid-Cap ETF922908629ETF3,865$851.0K0.4%–
Vanguard Morningstar Small-Cap ETF922908751ETF4,212$837.7K0.4%–
LCIDLucid Group, Inc.COM111,948$771.3K0.3%History
DHRDanaher CorpStock3,024$725.8K0.3%History
American Centy ETF Tr025072885US EQT ETF9,626$723.8K0.3%–
Vanguard Real Estate ETF922908553ETF8,539$713.5K0.3%–
iShares Russell 1000 Value ETF464287598ETF4,361$688.3K0.3%–
AFLAflac IncStock9,734$679.4K0.3%History
AMGNAmgen IncStock3,035$673.8K0.3%History
VEEVVeeva Systems IncStock3,397$671.7K0.3%History
American Centy ETF Tr025072604AVANTIS EMGMKT12,162$654.4K0.3%–
iShares S&P 500 Growth ETF464287309ETF9,097$641.2K0.3%–
iShares Broad Usd Investment Grade Corporate Bond ETF464288620ETF12,444$623.3K0.3%–
EXPDExpeditors International of Washington IncCOM5,135$622.0K0.3%History
iShares Tr464287234MSCI EMG MKT ETF15,193$601.0K0.3%–
HIGHartford Insurance Group, Inc.Stock8,197$590.3K0.3%History
Vanguard Ftse All-World Ex-US Small-Cap ETF922042718ETF5,196$574.1K0.3%–
Vanguard Total Bond Market ETF921937835ETF7,721$561.2K0.2%–
AMDAdvanced Micro Devices IncStock4,469$509.1K0.2%History
SHWSherwin Williams CoCOM1,917$509.0K0.2%History
Schwab U.S. Large-Cap Growth ETF808524300ETF6,646$498.2K0.2%–
ONOn Semiconductor CorpStock5,118$484.1K0.2%History
Vanguard Whitehall FDS921946794INTL HIGH ETF7,624$481.8K0.2%–
iShares Tr464288448INTL SEL DIV ETF18,210$479.5K0.2%–
KOCoca Cola CoStock7,734$465.7K0.2%History
Vanguard Ftse Emerging Markets ETF922042858ETF11,396$463.6K0.2%–
CVXChevron CorpStock2,940$462.6K0.2%History
SNASnap-on IncCOM1,581$455.6K0.2%History
KNXKnight-Swift Transportation Holdings Inc.CL A7,940$441.1K0.2%History
PEPPepsiCo IncStock2,367$438.4K0.2%History
MCDMcDonalds CorpStock1,469$438.4K0.2%History
Schwab Strategic Tr808524862SHT TM US TRES9,040$434.5K0.2%–
JNJJohnson & JohnsonStock2,607$431.5K0.2%History
BDXBecton Dickinson & CoStock1,630$430.3K0.2%History
LLYEli Lilly & CoStock914$428.6K0.2%History
iShares Core S&P Small Cap ETF464287804ETF4,295$428.0K0.2%–
iShares Tr464287812US CONSM STAPLES2,129$426.5K0.2%–
CVSCVS Health CorpStock5,857$404.9K0.2%History
American Centy ETF Tr025072687AVANTIS SHFXDINC8,723$399.9K0.2%–
ADMArcher-Daniels-Midland CoStock5,227$395.0K0.2%History
Vanguard High Dividend Yield Index ETF921946406ETF3,673$389.6K0.2%–
iShares Tr464288687PFD AND INCM SEC12,493$386.4K0.2%–
iShares Select Dividend ETF464287168ETF3,387$383.7K0.2%–
iShares Inc464286509MSCI CDA ETF10,864$380.1K0.2%–
CMGChipotle Mexican Grill IncCOM172$367.9K0.2%History
ADIAnalog Devices IncStock1,887$367.6K0.2%History
MRSHMarsh & McLennan Companies, Inc.Stock1,928$362.6K0.2%History
HDHome Depot, Inc.Stock1,155$358.8K0.2%History
DISWalt Disney CoStock4,010$358.0K0.2%History
iShares MSCI Eafe ETF464287465ETF4,909$355.9K0.2%–
STLDSteel Dynamics IncCOM3,239$352.8K0.2%History
CDNSCadence Design Systems IncStock1,496$350.8K0.2%History
iShares Tips Bond ETF464287176ETF3,244$349.1K0.2%–
OGEOGE Energy Corp.COM9,546$342.8K0.1%History
American Centy ETF Tr025072364INTERNATIONAL LR7,022$341.5K0.1%–
CATCaterpillar IncStock1,357$333.9K0.1%History
EWEdwards Lifesciences CorpStock3,499$330.1K0.1%History
Vanguard Ftse Developed Markets ETF921943858ETF7,079$326.9K0.1%–
iShares Tr464288604MRGSTR SM CP GR7,849$325.0K0.1%–
OMCOmnicom Group Inc.COM3,298$313.8K0.1%History
INTUIntuit Inc.Stock675$309.3K0.1%History