TFB Advisors LLC 13F Holdings Tracker

CIK: 0001965201

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$191.0M

Reporting period: 2026-03-31 · Number of holdings: 180

TFB Advisors LLC disclosed 180 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $191.0M and a quarterly turnover rate of 67.7%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "T"

Personality snowflake

Concentration: 7.57
Portfolio Stability: 67.71
Momentum/Contrarian: 100
Sector conviction: 70.11
Diversification: 100
Sizing Uniformity: 84.45

TFB Advisors LLC's disclosed holdings carry a Herfindahl concentration index of 0.019 — mathematically equivalent to about 53 equally-sized positions, well below its 180 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 1.56), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Sector classification currently covers about 21% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.

Recent moves

Add VOO
-19.1%　-$4.3M
Add BIL
+1421.3%　$3.2M
Add IEFA
-22.9%　-$1.7M
Add MGV
-34.6%　-$3.0M
Add AAPL
-21.9%　-$1.5M
Trim IJH
-90.1%　-$2.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	7.52%	+2.32%	-19.09%
2	MGK	Vanguard Mega Cap Growth ETF	ETF-Other	4.42%	+0.30%	-35.83%
3	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	3.68%	-0.20%	-46.96%
4	FBND	Fidelity Total Bond ETF	ETF-Other	3.35%	—	-3.12%
5	MGV	Vanguard Mega Cap Value ETF	ETF-Other	3.22%	+0.66%	-34.55%
6	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	3.06%	+0.96%	-22.94%
7	NVDA	Nvidia CORP	Stock-Tech	2.32%	-0.50%	-53.01%
8	VB	Vanguard Small-cap ETF	ETF-Other	2.22%	—	-4.08%
9	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	2.19%	+0.51%	-26.28%
10	AAPL	Apple INC	Stock-Tech	2.06%	+0.55%	-21.86%
11	VYM	Vanguard High Dvd Yield ETF	ETF-Other	1.90%	—	+18.30%
12	VOE	Vanguard Mid-cap Value ETF	ETF-Other	1.88%	+0.32%	-38.23%
13	BIL	Ss Spdr Bb 1-3m T-bill ETF	ETF-Gov Bonds	1.79%	+1.73%	+1421.30%
14	AMZN	Amazon.com INC	Stock-Consumer Disc	1.68%	+0.52%	-14.29%
15	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	1.60%	—	-14.02%
16	MINT	Pimco Enhanced Short Maturit	ETF-Other	1.54%	+0.40%	-27.80%
17	VFMF	Vanguard US Multifactor ETF	ETF-Other	1.44%	—	+18.49%
18	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	1.40%	-0.21%	-51.56%
19	VBR	Vanguard Small-cap Value ETF	ETF-Other	1.37%	+0.03%	-46.97%
20	MSFT	Microsoft CORP	Stock-Tech	1.23%	+0.11%	-23.45%
21	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	ETF-High Yield	1.20%	-0.46%	-60.81%
22	IEMG	Ishares Core Msci Emerging	ETF-Emerging Markets	1.15%	+0.29%	-31.61%
23	HYDB	Ishares High Yield Systemati	ETF-High Yield	1.15%	—	+12.22%
24	JNK	Ss Spdr Bb High Yield Bond	ETF-High Yield	1.04%	—	+3.57%
25	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.91%	—	-13.28%
26	VOT	Vanguard Mid-cap Growth ETF	ETF-Other	0.89%	-0.11%	-48.31%
27	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.79%	+0.04%	-40.50%
28	VXF	Vanguard Extended Market ETF	ETF-Other	0.79%	—	-23.85%
29	VUG	Vanguard Growth ETF	ETF-Other	0.79%	+0.03%	-38.48%
30	BRK-A	Berkshire Hathaway Inc-cl A	Stock-Other	0.75%	-0.09%	-50.00%
31	VFMO	Vanguard US Momentum Factor	ETF-Other	0.71%	—	+19.33%
32	UTHR	United Therapeutics CORP	Stock-Healthcare	0.71%	—	-15.43%
33	IGIB	Ishares 5-10y Inv Grade CORP	ETF-Corp Bonds	0.69%	—	-26.82%
34	VBK	Vanguard Small-cap Grwth ETF	ETF-Other	0.69%	+0.05%	-42.75%
35	FTHY	First Trust Hi Yld Opp 2027	Stock-Other	0.67%	—	-5.35%
36	META	Meta Platforms Inc-class A	Stock-Comm Services	0.65%	—	-29.27%
37	RSP	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	0.64%	—	+14.25%
38	AVGO	Broadcom INC	Stock-Tech	0.64%	—	-20.43%
39	SHYG	Ishares 0-5 Yr Hy CORP Bond	ETF-Corp Bonds	0.64%	—	-33.19%
40	NEM	Newmont CORP	Stock-Materials	0.60%	—	-10.29%
41	T	At&t INC	Stock-Comm Services	0.58%	—	-9.83%
42	ORCL	Oracle CORP	Stock-Tech	0.58%	—	-9.71%
43	IEI	Ishares 3-7 Year Treasury Bo	ETF-Gov Bonds	0.57%	—	-30.68%
44	GOVT	Ishares US Treasury Bond ETF	ETF-Gov Bonds	0.54%	—	-39.01%
45	SPTM	Ss Spdr P S&p 1500 Comp ETF	ETF-Other	0.51%	—	+19.85%
46	SHY	Ishares 1-3 Year Treasury Bo	ETF-Gov Bonds	0.51%	—	+47.21%
47	VTV	Vanguard Value ETF	ETF-Other	0.51%	-0.10%	-56.95%
48	FOXA	Fox CORP - Class A	Stock-Comm Services	0.48%	—	-9.32%
49	SYF	Synchrony Financial	Stock-Financials	0.48%	—	-10.70%
50	HYI	Western Asset High Yield Opp	Stock-Other	0.47%	—	-8.52%

1–50 of 180

Portfolio Performance

Performance for Q3 2026

+1.9%

Performance Last 4 Quarters

+15.2%

Based on 81% of reported portfolio value with available pricing

Stdev: +11.2%
Beta: +0.84
Alpha: -0.9%
Max Drawdown: -6.7%
Annualized Perf: +14.9%
Batting Avg vs S&P: +41.7%
Sortino: +2.6
Stutzer: +0.38
Treynor: +0.17
Sterling: +0.93
Calmar: +2.21
Information Ratio: -1.28
Tracking Error: +3.1%
Stdev Down: +5.6%
Winning Months %: +63.9%
Losing Months %: +36.1%
Best 12 Months: +31%
Worst 12 Months: +6%
Efficiency Ratio: +0.51
Sharpe: +1.3
Stdev Sectors: +11.6%
Skewness: +0.05
Kurtosis: -0.46
Upside Potential: +4.31

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	180	$191.0M	68	1VOO 2MGK 3IVV Top holdings2026-03-31 1.VOO 2.MGK 3.IVV 4.FBND 5.MGV 6.IEFA 7.NVDA 8.VB 9.QQQ 10.AAPL
2025-12-31	307	$358.0M	12	1VOO 2MGK 3IVV Top holdings2025-12-31 1.VOO 2.MGK 3.IVV 4.NVDA 5.MGV 6.IEFA 7.FBND 8.VIG 9.QQQ 10.HYG
2025-09-30	308	$343.4M	31	1VOO 2MGK 3NVDA Top holdings2025-09-30 1.VOO 2.MGK 3.NVDA 4.MGV 5.IVV 6.IEFA 7.VIG 8.SSO 9.HYG 10.FBND
2025-06-30	334	$381.8M	0	1VOO 2MGK 3NVDA Top holdings2025-06-30 1.VOO 2.MGK 3.NVDA 4.IVV 5.MGV 6.MSFT 7.IEFA 8.HYG 9.AAPL 10.VOE
2025-03-31	320	$347.1M	0	1VOO 2MGK 3MGV Top holdings2025-03-31 1.VOO 2.MGK 3.MGV 4.NVDA 5.HYG 6.AAPL 7.IVV 8.BIL 9.VOE 10.MSFT
2024-12-31	320	$349.7M	0	1VOO 2MGK 3MGV Top holdings2024-12-31 1.VOO 2.MGK 3.MGV 4.NVDA 5.IVV 6.AAPL 7.HYG 8.MSFT 9.VOE 10.VBR
2024-09-30	312	$336.1M	0	1VOO 2MGK 3MGV Top holdings2024-09-30 1.VOO 2.MGK 3.MGV 4.IVV 5.NVDA 6.AAPL 7.HYG 8.MSFT 9.VBR 10.VOE
2024-06-30	289	$307.0M	0	1VOO 2MGK 3MGV Top holdings2024-06-30 1.VOO 2.MGK 3.MGV 4.NVDA 5.MSFT 6.HYG 7.AAPL 8.VBR 9.SSO 10.VOE
2024-03-31	263	$275.7M	0	1VOO 2MGK 3MGV Top holdings2024-03-31 1.VOO 2.MGK 3.MGV 4.IVV 5.MSFT 6.NVDA 7.VBR 8.IEFA 9.MINT 10.VOE
2023-12-31	323	$195.2M	0	1VOO 2MGK 3MGV Top holdings2023-12-31 1.VOO 2.MGK 3.MGV 4.ICSH 5.VBR 6.VTI 7.MSFT 8.HYG 9.MINT 10.IEFA
2023-09-30	105	$82.3M	0	1ICSH 2MINT 3IEFA Top holdings2023-09-30 1.ICSH 2.MINT 3.IEFA 4.IEMG 5.NVDA 6.BUFR 7.CWB 8.GOOGL 9.FTHY 10.SSO
2023-06-30	231	$229.6M	0	1MGK 2VOO 3MGV Top holdings2023-06-30 1.MGK 2.VOO 3.MGV 4.TLT 5.HYG 6.VBR 7.MINT 8.AAPL 9.VOE 10.IEFA
2023-03-31	134	$131.5M	0	1MGK 2MGV 3VOO Top holdings2023-03-31 1.MGK 2.MGV 3.VOO 4.SHY 5.TLT 6.BIL 7.IEFA 8.VBR 9.PG 10.LQD
2022-12-31	126	$119.4M	0	1MGV 2MGK 3VOO Top holdings2022-12-31 1.MGV 2.MGK 3.VOO 4.TLT 5.HYG 6.BIL 7.PG 8.IGSB 9.VBR 10.IGIB

Holding changes this quarter

TFB Advisors LLC's most significant position changes for 2026-03-31: Sold out: Vanguard Dividend Apprec ETF (VIG); Sold out: Ishares Russell 2000 ETF (IWM); Sold out: Ishares Core U.s. Aggregate (AGG); Sold out: Ishares Russell Mid-cap ETF (IWR); Sold out: Apollo Global Management INC (APO).

Position changes disclosed by TFB Advisors LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	VOO	Vanguard S&p 500 ETF	+2.3%	-19.09%	Trim
2	BIL	Ss Spdr Bb 1-3m T-bill ETF	+1.7%	+1421.30%	Add
3	IEFA	Ishares Core Msci Eafe ETF	+1%	-22.94%	Trim
4	MGV	Vanguard Mega Cap Value ETF	+0.7%	-34.55%	Trim
5	AAPL	Apple INC	+0.6%	-21.86%	Trim
6	AMZN	Amazon.com INC	+0.5%	-14.29%	Trim
7	QQQ	Invesco Qqq Trust Series 1	+0.5%	-26.28%	Trim
8	MINT	Pimco Enhanced Short Maturit	+0.4%	-27.80%	Trim
9	VOE	Vanguard Mid-cap Value ETF	+0.3%	-38.23%	Trim
10	MGK	Vanguard Mega Cap Growth ETF	+0.3%	-35.83%	Trim
11	IEMG	Ishares Core Msci Emerging	+0.3%	-31.61%	Trim
12	MSFT	Microsoft CORP	+0.1%	-23.45%	Trim
13	VBK	Vanguard Small-cap Grwth ETF	+0.1%	-42.75%	Trim
14	BRK-B	Berkshire Hathaway Inc-cl B	0%	-40.50%	Trim
15	VBR	Vanguard Small-cap Value ETF	0%	-46.97%	Trim
16	VUG	Vanguard Growth ETF	0%	-38.48%	Trim
17	BRK-A	Berkshire Hathaway Inc-cl A	-0.1%	-50.00%	Trim
18	VTV	Vanguard Value ETF	-0.1%	-56.95%	Trim
19	VOT	Vanguard Mid-cap Growth ETF	-0.1%	-48.31%	Trim
20	BBUS	Jpmorgan Betabuilders US Equ	-0.2%	-72.60%	Trim
21	IVV	Ishares Core S&p 500 ETF	-0.2%	-46.96%	Trim
22	FJAN	Ft Vest U.s. Equity Buffer E	-0.2%	-71.78%	Trim
23	VTI	Vanguard Total Stock Mkt ETF	-0.2%	-51.56%	Trim
24	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	-0.5%	-60.81%	Trim
25	NVDA	Nvidia CORP	-0.5%	-53.01%	Trim
26	IJH	Ishares Core S&p Midcap ETF	-0.5%	-90.07%	Trim
27	VIG	Vanguard Dividend Apprec ETF	—	EXIT	Sold out
28	IWM	Ishares Russell 2000 ETF	—	EXIT	Sold out
29	AGG	Ishares Core U.s. Aggregate	—	EXIT	Sold out
30	IWR	Ishares Russell Mid-cap ETF	—	EXIT	Sold out
31	APO	Apollo Global Management INC	—	EXIT	Sold out
32	AVUV	Avantis US Small Cap Value	—	EXIT	Sold out
33	BUFR	Ft Vest Lad Buffervetf-usd I	—	EXIT	Sold out
34	IWN	Ishares Russell 2000 Value E	—	EXIT	Sold out
35	IDV	Ishares International Select	—	EXIT	Sold out
36	AVEM	Avantis Emerging Markets Eq	—	EXIT	Sold out
37	AVUS	Avantis U.s. Equity ETF	—	EXIT	Sold out
38	IWS	Ishares Russell Mid-cap Valu	—	EXIT	Sold out
39	ACWV	Ishares Msci Global Min Vol	—	EXIT	Sold out
40	BX	Blackstone INC	—	EXIT	Sold out
41	SSO	Proshares Ultra S&p500	—	EXIT	Sold out
42	SPDW	Ste Str Spdr Pt Dw EU ETF	—	EXIT	Sold out
43	RDVY	First Trust Rising Dividend	—	EXIT	Sold out
44	SPYG	Ss Spdr P S&p 500 Growth ETF	—	EXIT	Sold out
45	FTHI	Fthi/first Trust Exchange-tr	—	EXIT	Sold out
46	MUB	Ishares National Muni Bond E	—	EXIT	Sold out
47	IEF	Ishares 7-10 Year Treasury B	—	EXIT	Sold out
48	VYMI	Vanguard Int High Dvd Yld In	—	EXIT	Sold out
49	AVLV	Avantis US Large Cap Value	—	EXIT	Sold out
50	KKR	Kkr & Co INC	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-20	13F-HR	View on EDGAR
2025-12-31	2026-02-13	13F-HR	View on EDGAR
2025-09-30	2025-11-04	13F-HR	View on EDGAR
2025-06-30	2025-07-30	13F-HR	View on EDGAR
2025-03-31	2025-05-14	13F-HR	View on EDGAR
2024-12-31	2025-01-29	13F-HR	View on EDGAR
2024-09-30	2024-10-31	13F-HR	View on EDGAR
2024-06-30	2024-07-30	13F-HR	View on EDGAR
2024-03-31	2024-05-03	13F-HR	View on EDGAR
2023-12-31	2024-01-18	13F-HR	View on EDGAR
2023-09-30	2023-11-13	13F-HR	View on EDGAR
2023-06-30	2023-07-18	13F-HR	View on EDGAR
2023-03-31	2023-04-10	13F-HR	View on EDGAR
2022-12-31	2023-02-15	13F-HR	View on EDGAR

FAQ

What is TFB Advisors LLC and what type of investor is it?

TFB Advisors LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $191.0M, spread across 180 disclosed positions.

What are TFB Advisors LLC's largest equity positions?

Based on the latest 13F filing, TFB Advisors LLC's top holdings by market value are: 1. Vanguard S&p 500 ETF (VOO) — $14.4M (7.5%) 2. Vanguard Mega Cap Growth ETF (MGK) — $8.4M (4.4%) 3. Ishares Core S&p 500 ETF (IVV) — $7.0M (3.7%) 4. Fidelity Total Bond ETF (FBND) — $6.4M (3.4%) 5. Vanguard Mega Cap Value ETF (MGV) — $6.1M (3.2%)

What changes did TFB Advisors LLC make in its most recent portfolio filing?

In the latest reported quarter, TFB Advisors LLC made 50 notable position adjustments: 0 new positions were initiated, 1 existing holdings were added to, 25 positions were partially reduced, and 24 were completely exited. The largest of these moves: Sold out: Vanguard Dividend Apprec ETF (VIG); Sold out: Ishares Russell 2000 ETF (IWM); Sold out: Ishares Core U.s. Aggregate (AGG); Sold out: Ishares Russell Mid-cap ETF (IWR); Sold out: Apollo Global Management INC (APO)

What sectors does TFB Advisors LLC focus on?

TFB Advisors LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 40.3% • Communication Services: 20.4% • Consumer Discretionary: 10.5% • Financials: 8.9% • Health Care: 6.9% • Consumer Staples: 5.9%

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TFB Advisors LLC 13F Holdings Tracker

CIK: 0001965201

Diversified strategyMomentum followerQuality / disciplined sizing

Total reported value

$191.0M

Reporting period: 2026-03-31 · Number of holdings: 180

TFB Advisors LLC disclosed 180 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $191.0M and a quarterly turnover rate of 67.7%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "T"

Personality snowflake

Concentration: 7.57
Portfolio Stability: 67.71
Momentum/Contrarian: 100
Sector conviction: 70.11
Diversification: 100
Sizing Uniformity: 84.45

Position sizes vary widely across the portfolio (a coefficient of variation of 1.56), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Add VOO
-19.1%　-$4.3M
Add BIL
+1421.3%　$3.2M
Add IEFA
-22.9%　-$1.7M
Add MGV
-34.6%　-$3.0M
Add AAPL
-21.9%　-$1.5M
Trim IJH
-90.1%　-$2.1M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	7.52%	+2.32%	-19.09%
2	MGK	Vanguard Mega Cap Growth ETF	ETF-Other	4.42%	+0.30%	-35.83%
3	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	3.68%	-0.20%	-46.96%
4	FBND	Fidelity Total Bond ETF	ETF-Other	3.35%	—	-3.12%
5	MGV	Vanguard Mega Cap Value ETF	ETF-Other	3.22%	+0.66%	-34.55%
6	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	3.06%	+0.96%	-22.94%
7	NVDA	Nvidia CORP	Stock-Tech	2.32%	-0.50%	-53.01%
8	VB	Vanguard Small-cap ETF	ETF-Other	2.22%	—	-4.08%
9	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	2.19%	+0.51%	-26.28%
10	AAPL	Apple INC	Stock-Tech	2.06%	+0.55%	-21.86%
11	VYM	Vanguard High Dvd Yield ETF	ETF-Other	1.90%	—	+18.30%
12	VOE	Vanguard Mid-cap Value ETF	ETF-Other	1.88%	+0.32%	-38.23%
13	BIL	Ss Spdr Bb 1-3m T-bill ETF	ETF-Gov Bonds	1.79%	+1.73%	+1421.30%
14	AMZN	Amazon.com INC	Stock-Consumer Disc	1.68%	+0.52%	-14.29%
15	GOOGL	Alphabet Inc-cl A	Stock-Comm Services	1.60%	—	-14.02%
16	MINT	Pimco Enhanced Short Maturit	ETF-Other	1.54%	+0.40%	-27.80%
17	VFMF	Vanguard US Multifactor ETF	ETF-Other	1.44%	—	+18.49%
18	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	1.40%	-0.21%	-51.56%
19	VBR	Vanguard Small-cap Value ETF	ETF-Other	1.37%	+0.03%	-46.97%
20	MSFT	Microsoft CORP	Stock-Tech	1.23%	+0.11%	-23.45%
21	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	ETF-High Yield	1.20%	-0.46%	-60.81%
22	IEMG	Ishares Core Msci Emerging	ETF-Emerging Markets	1.15%	+0.29%	-31.61%
23	HYDB	Ishares High Yield Systemati	ETF-High Yield	1.15%	—	+12.22%
24	JNK	Ss Spdr Bb High Yield Bond	ETF-High Yield	1.04%	—	+3.57%
25	GOOG	Alphabet Inc-cl C	Stock-Comm Services	0.91%	—	-13.28%
26	VOT	Vanguard Mid-cap Growth ETF	ETF-Other	0.89%	-0.11%	-48.31%
27	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.79%	+0.04%	-40.50%
28	VXF	Vanguard Extended Market ETF	ETF-Other	0.79%	—	-23.85%
29	VUG	Vanguard Growth ETF	ETF-Other	0.79%	+0.03%	-38.48%
30	BRK-A	Berkshire Hathaway Inc-cl A	Stock-Other	0.75%	-0.09%	-50.00%
31	VFMO	Vanguard US Momentum Factor	ETF-Other	0.71%	—	+19.33%
32	UTHR	United Therapeutics CORP	Stock-Healthcare	0.71%	—	-15.43%
33	IGIB	Ishares 5-10y Inv Grade CORP	ETF-Corp Bonds	0.69%	—	-26.82%
34	VBK	Vanguard Small-cap Grwth ETF	ETF-Other	0.69%	+0.05%	-42.75%
35	FTHY	First Trust Hi Yld Opp 2027	Stock-Other	0.67%	—	-5.35%
36	META	Meta Platforms Inc-class A	Stock-Comm Services	0.65%	—	-29.27%
37	RSP	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	0.64%	—	+14.25%
38	AVGO	Broadcom INC	Stock-Tech	0.64%	—	-20.43%
39	SHYG	Ishares 0-5 Yr Hy CORP Bond	ETF-Corp Bonds	0.64%	—	-33.19%
40	NEM	Newmont CORP	Stock-Materials	0.60%	—	-10.29%
41	T	At&t INC	Stock-Comm Services	0.58%	—	-9.83%
42	ORCL	Oracle CORP	Stock-Tech	0.58%	—	-9.71%
43	IEI	Ishares 3-7 Year Treasury Bo	ETF-Gov Bonds	0.57%	—	-30.68%
44	GOVT	Ishares US Treasury Bond ETF	ETF-Gov Bonds	0.54%	—	-39.01%
45	SPTM	Ss Spdr P S&p 1500 Comp ETF	ETF-Other	0.51%	—	+19.85%
46	SHY	Ishares 1-3 Year Treasury Bo	ETF-Gov Bonds	0.51%	—	+47.21%
47	VTV	Vanguard Value ETF	ETF-Other	0.51%	-0.10%	-56.95%
48	FOXA	Fox CORP - Class A	Stock-Comm Services	0.48%	—	-9.32%
49	SYF	Synchrony Financial	Stock-Financials	0.48%	—	-10.70%
50	HYI	Western Asset High Yield Opp	Stock-Other	0.47%	—	-8.52%

1–50 of 180

Portfolio Performance

Performance for Q3 2026

+1.9%

Performance Last 4 Quarters

+15.2%

Based on 81% of reported portfolio value with available pricing

Stdev: +11.2%
Beta: +0.84
Alpha: -0.9%
Max Drawdown: -6.7%
Annualized Perf: +14.9%
Batting Avg vs S&P: +41.7%
Sortino: +2.6
Stutzer: +0.38
Treynor: +0.17
Sterling: +0.93
Calmar: +2.21
Information Ratio: -1.28
Tracking Error: +3.1%
Stdev Down: +5.6%
Winning Months %: +63.9%
Losing Months %: +36.1%
Best 12 Months: +31%
Worst 12 Months: +6%
Efficiency Ratio: +0.51
Sharpe: +1.3
Stdev Sectors: +11.6%
Skewness: +0.05
Kurtosis: -0.46
Upside Potential: +4.31

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	180	$191.0M	68	1VOO 2MGK 3IVV Top holdings2026-03-31 1.VOO 2.MGK 3.IVV 4.FBND 5.MGV 6.IEFA 7.NVDA 8.VB 9.QQQ 10.AAPL
2025-12-31	307	$358.0M	12	1VOO 2MGK 3IVV Top holdings2025-12-31 1.VOO 2.MGK 3.IVV 4.NVDA 5.MGV 6.IEFA 7.FBND 8.VIG 9.QQQ 10.HYG
2025-09-30	308	$343.4M	31	1VOO 2MGK 3NVDA Top holdings2025-09-30 1.VOO 2.MGK 3.NVDA 4.MGV 5.IVV 6.IEFA 7.VIG 8.SSO 9.HYG 10.FBND
2025-06-30	334	$381.8M	0	1VOO 2MGK 3NVDA Top holdings2025-06-30 1.VOO 2.MGK 3.NVDA 4.IVV 5.MGV 6.MSFT 7.IEFA 8.HYG 9.AAPL 10.VOE
2025-03-31	320	$347.1M	0	1VOO 2MGK 3MGV Top holdings2025-03-31 1.VOO 2.MGK 3.MGV 4.NVDA 5.HYG 6.AAPL 7.IVV 8.BIL 9.VOE 10.MSFT
2024-12-31	320	$349.7M	0	1VOO 2MGK 3MGV Top holdings2024-12-31 1.VOO 2.MGK 3.MGV 4.NVDA 5.IVV 6.AAPL 7.HYG 8.MSFT 9.VOE 10.VBR
2024-09-30	312	$336.1M	0	1VOO 2MGK 3MGV Top holdings2024-09-30 1.VOO 2.MGK 3.MGV 4.IVV 5.NVDA 6.AAPL 7.HYG 8.MSFT 9.VBR 10.VOE
2024-06-30	289	$307.0M	0	1VOO 2MGK 3MGV Top holdings2024-06-30 1.VOO 2.MGK 3.MGV 4.NVDA 5.MSFT 6.HYG 7.AAPL 8.VBR 9.SSO 10.VOE
2024-03-31	263	$275.7M	0	1VOO 2MGK 3MGV Top holdings2024-03-31 1.VOO 2.MGK 3.MGV 4.IVV 5.MSFT 6.NVDA 7.VBR 8.IEFA 9.MINT 10.VOE
2023-12-31	323	$195.2M	0	1VOO 2MGK 3MGV Top holdings2023-12-31 1.VOO 2.MGK 3.MGV 4.ICSH 5.VBR 6.VTI 7.MSFT 8.HYG 9.MINT 10.IEFA
2023-09-30	105	$82.3M	0	1ICSH 2MINT 3IEFA Top holdings2023-09-30 1.ICSH 2.MINT 3.IEFA 4.IEMG 5.NVDA 6.BUFR 7.CWB 8.GOOGL 9.FTHY 10.SSO
2023-06-30	231	$229.6M	0	1MGK 2VOO 3MGV Top holdings2023-06-30 1.MGK 2.VOO 3.MGV 4.TLT 5.HYG 6.VBR 7.MINT 8.AAPL 9.VOE 10.IEFA
2023-03-31	134	$131.5M	0	1MGK 2MGV 3VOO Top holdings2023-03-31 1.MGK 2.MGV 3.VOO 4.SHY 5.TLT 6.BIL 7.IEFA 8.VBR 9.PG 10.LQD
2022-12-31	126	$119.4M	0	1MGV 2MGK 3VOO Top holdings2022-12-31 1.MGV 2.MGK 3.VOO 4.TLT 5.HYG 6.BIL 7.PG 8.IGSB 9.VBR 10.IGIB

Holding changes this quarter

Position changes disclosed by TFB Advisors LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	VOO	Vanguard S&p 500 ETF	+2.3%	-19.09%	Trim
2	BIL	Ss Spdr Bb 1-3m T-bill ETF	+1.7%	+1421.30%	Add
3	IEFA	Ishares Core Msci Eafe ETF	+1%	-22.94%	Trim
4	MGV	Vanguard Mega Cap Value ETF	+0.7%	-34.55%	Trim
5	AAPL	Apple INC	+0.6%	-21.86%	Trim
6	AMZN	Amazon.com INC	+0.5%	-14.29%	Trim
7	QQQ	Invesco Qqq Trust Series 1	+0.5%	-26.28%	Trim
8	MINT	Pimco Enhanced Short Maturit	+0.4%	-27.80%	Trim
9	VOE	Vanguard Mid-cap Value ETF	+0.3%	-38.23%	Trim
10	MGK	Vanguard Mega Cap Growth ETF	+0.3%	-35.83%	Trim
11	IEMG	Ishares Core Msci Emerging	+0.3%	-31.61%	Trim
12	MSFT	Microsoft CORP	+0.1%	-23.45%	Trim
13	VBK	Vanguard Small-cap Grwth ETF	+0.1%	-42.75%	Trim
14	BRK-B	Berkshire Hathaway Inc-cl B	0%	-40.50%	Trim
15	VBR	Vanguard Small-cap Value ETF	0%	-46.97%	Trim
16	VUG	Vanguard Growth ETF	0%	-38.48%	Trim
17	BRK-A	Berkshire Hathaway Inc-cl A	-0.1%	-50.00%	Trim
18	VTV	Vanguard Value ETF	-0.1%	-56.95%	Trim
19	VOT	Vanguard Mid-cap Growth ETF	-0.1%	-48.31%	Trim
20	BBUS	Jpmorgan Betabuilders US Equ	-0.2%	-72.60%	Trim
21	IVV	Ishares Core S&p 500 ETF	-0.2%	-46.96%	Trim
22	FJAN	Ft Vest U.s. Equity Buffer E	-0.2%	-71.78%	Trim
23	VTI	Vanguard Total Stock Mkt ETF	-0.2%	-51.56%	Trim
24	HYG	Ishr Ibx Usd Hiyld Cb Etf-ui	-0.5%	-60.81%	Trim
25	NVDA	Nvidia CORP	-0.5%	-53.01%	Trim
26	IJH	Ishares Core S&p Midcap ETF	-0.5%	-90.07%	Trim
27	VIG	Vanguard Dividend Apprec ETF	—	EXIT	Sold out
28	IWM	Ishares Russell 2000 ETF	—	EXIT	Sold out
29	AGG	Ishares Core U.s. Aggregate	—	EXIT	Sold out
30	IWR	Ishares Russell Mid-cap ETF	—	EXIT	Sold out
31	APO	Apollo Global Management INC	—	EXIT	Sold out
32	AVUV	Avantis US Small Cap Value	—	EXIT	Sold out
33	BUFR	Ft Vest Lad Buffervetf-usd I	—	EXIT	Sold out
34	IWN	Ishares Russell 2000 Value E	—	EXIT	Sold out
35	IDV	Ishares International Select	—	EXIT	Sold out
36	AVEM	Avantis Emerging Markets Eq	—	EXIT	Sold out
37	AVUS	Avantis U.s. Equity ETF	—	EXIT	Sold out
38	IWS	Ishares Russell Mid-cap Valu	—	EXIT	Sold out
39	ACWV	Ishares Msci Global Min Vol	—	EXIT	Sold out
40	BX	Blackstone INC	—	EXIT	Sold out
41	SSO	Proshares Ultra S&p500	—	EXIT	Sold out
42	SPDW	Ste Str Spdr Pt Dw EU ETF	—	EXIT	Sold out
43	RDVY	First Trust Rising Dividend	—	EXIT	Sold out
44	SPYG	Ss Spdr P S&p 500 Growth ETF	—	EXIT	Sold out
45	FTHI	Fthi/first Trust Exchange-tr	—	EXIT	Sold out
46	MUB	Ishares National Muni Bond E	—	EXIT	Sold out
47	IEF	Ishares 7-10 Year Treasury B	—	EXIT	Sold out
48	VYMI	Vanguard Int High Dvd Yld In	—	EXIT	Sold out
49	AVLV	Avantis US Large Cap Value	—	EXIT	Sold out
50	KKR	Kkr & Co INC	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-20	13F-HR	View on EDGAR
2025-12-31	2026-02-13	13F-HR	View on EDGAR
2025-09-30	2025-11-04	13F-HR	View on EDGAR
2025-06-30	2025-07-30	13F-HR	View on EDGAR
2025-03-31	2025-05-14	13F-HR	View on EDGAR
2024-12-31	2025-01-29	13F-HR	View on EDGAR
2024-09-30	2024-10-31	13F-HR	View on EDGAR
2024-06-30	2024-07-30	13F-HR	View on EDGAR
2024-03-31	2024-05-03	13F-HR	View on EDGAR
2023-12-31	2024-01-18	13F-HR	View on EDGAR
2023-09-30	2023-11-13	13F-HR	View on EDGAR
2023-06-30	2023-07-18	13F-HR	View on EDGAR
2023-03-31	2023-04-10	13F-HR	View on EDGAR
2022-12-31	2023-02-15	13F-HR	View on EDGAR