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TSG Advice Partners, LLC

SEC CIK
0002111347
Latest filing
Apr 24, 2026

The latest 13F from TSG Advice Partners, LLC covers Q1 2026 (filed Apr 24, 2026): 135 long positions worth $667.4M. The top 10 holdings make up 62.9% of the portfolio, and the largest is Vanguard S&P 500 ETF at 10.3%. Livermore has 2 filings on Form 13F from this institution, going back to Q4 2025.

What changed in Q1 2026

Share counts compared with Q4 2025: 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.

Full comparison
New
23
Est. +$193.7M
Added
67
Est. +$149.0M
Reduced
42
Est. −$304.8M
Sold out
4
Est. −$1.12M

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard S&P 500 ETF922908363
    10.3%$68.5M
  2. Vanguard Total Bond Market ETF921937835
    10.0%$66.7M
  3. Schwab U.S. Large-Cap Growth ETF808524300
    7.1%$47.5M
  4. SPYSPDR S&P 500 ETF Trust
    6.1%$40.5MHistory
  5. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    5.7%$37.8M

Biggest buys

New and added positions, by estimated amount bought

  1. Schwab U.S. Large-Cap Growth ETF808524300
    +$47.5MNew
  2. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    +$37.8MNew
  3. State Street SPDR Portfolio S&P 500 ETF78464A854
    +$36.6MAdded
  4. Vanguard Total World Stock ETF922042742
    +$30.9MAdded
  5. Schwab U.S. Large-Cap Value ETF808524409
    +$30.9MNew

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Schwab U.S. Large-Cap Growth ETF808524300
    +7.12 pp0.0% → 7.1%
  2. State Street SPDR Portfolio Developed World Ex-US ETF78463X889
    +5.67 pp0.0% → 5.7%
  3. State Street SPDR Portfolio S&P 500 ETF78464A854
    +5.49 pp0.1% → 5.6%
  4. Vanguard Total World Stock ETF922042742
    +4.63 pp0.1% → 4.7%
  5. Schwab U.S. Large-Cap Value ETF808524409
    +4.63 pp0.0% → 4.6%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard S&P 500 ETF922908363
    −$167.6MReduced
  2. MDYSPDR S&P Midcap 400 ETF Trust
    −$41.8MReducedHistory
  3. SPYSPDR S&P 500 ETF Trust
    −$32.9MReducedHistory
  4. iShares S&P 500 Growth ETF464287309
    −$29.4MReduced
  5. iShares Russell 2000 ETF464287655
    −$28.5MReduced

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. Vanguard S&P 500 ETF922908363
    −27.56 pp37.8% → 10.3%
  2. MDYSPDR S&P Midcap 400 ETF Trust
    −6.23 pp9.5% → 3.3%History
  3. SPYSPDR S&P 500 ETF Trust
    −5.68 pp11.8% → 6.1%History
  4. iShares S&P 500 Growth ETF464287309
    −5.06 pp6.6% → 1.5%
  5. iShares Russell 2000 ETF464287655
    −4.33 pp5.8% → 1.4%

Metrics

13F metrics for Q1 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$667.4M
+$12.3M (+1.9%) vs. prior quarter
Positions
135
+19 vs. prior quarter
Top 10 concentration
62.9%
Top 10 as share of value
Turnover
46.3%
Q1 2026, one quarter
Average holding period
1.7 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 2025), so positions held before then are understated.

13F filings by quarter

2 quarters, going back to Q4 2025. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $667.4M (Q1 2026)

Q4 2025: $655.1MQ1 2026: $667.4M
Q4 2025Q1 2026
13F filings of TSG Advice Partners, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q1 2026Apr 24, 2026135$667.4MVanguard S&P 500 ETFVanguard Total Bond Market ETFSchwab U.S. Large-Cap Growth ETFvs. Q4 2025SEC
Q4 2025Feb 17, 2026116$655.1MVanguard S&P 500 ETFSPYMDY–SEC