Tandem Financial, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 8, 2026), Tandem Financial, LLC reported 94 stock positions worth $295.6 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 14.4% of the portfolio, followed by Vanguard Intermediate-Term B (BIV, 7.9%) and Vaneck Gold Miners ETF (GDX, 5.2%). Compared with Q4 2025, it opened 54 new positions, sold out of 7, added to 24 and reduced 16. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +17284%) and the biggest sale Vanguard Long-Term Treasury (VGLT, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- GREENWOOD VILLAGE, CO
- CIK
- 0002049157
- Portfolio Value
- $295.6M (Q1 2026)
- SEC Filing
- 0001420506-26-000867 ↗ filed May 8, 2026
Holdings Value
Holdings 94 stocks · $295.6M
| IVV iShares Core S&P 500 ETF | 14.37% | 65,017 | $42.5M | Add +17284.2% |
| BIV Vanguard Intermediate-Term B | 7.95% | 304,306 | $23.5M | New |
| GDX Vaneck Gold Miners ETF | 5.20% | 167,482 | $15.4M | Reduce -25.0% |
| VEA Vanguard Ftse Developed ETF | 4.52% | 208,410 | $13.4M | New |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 4.26% | 328,742 | $12.6M | New |
| QQQ Invesco QQQ Trust Series 1 | 4.06% | 20,766 | $12.0M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.85% | 17,460 | $11.4M | Add +118.9% |
| IMCG iShares Morningstar Mid-Cap | 2.86% | 107,479 | $8.5M | Add +64.3% |
| JQUA JPMorgan US Quality Factor | 2.66% | 128,105 | $7.9M | New |
| ILCV iShares Morningstar Value Et | 2.55% | 80,837 | $7.5M | New |
| CLOI Vaneck Clo ETF | 2.31% | 129,819 | $6.8M | New |
| VGLT Vanguard Long-Term Treasury | 2.26% | 120,674 | $6.7M | Reduce -21.3% |
| JBND JPMorgan Active Bond ETF | 1.97% | 108,198 | $5.8M | New |
| PWR Quanta Services Inc. | 1.96% | 10,557 | $5.8M | New |
| AAAU Goldman Sachs Physical Gold | 1.86% | 119,160 | $5.5M | New |
| IUS Invesco Rafi Strategic US Et | 1.74% | 88,623 | $5.1M | New |
| BNDX Vanguard Total Intl Bond ETF | 1.66% | 101,937 | $4.9M | New |
| GLD SPDR Gold Shares | 1.47% | 10,090 | $4.3M | Reduce -1.7% |
| IWF iShares Russell 1000 Growth | 1.45% | 10,081 | $4.3M | Reduce -45.8% |
| IWD iShares Russell 1000 Value E | 1.40% | 19,361 | $4.1M | Reduce -47.4% |
| IWM iShares Russell 2000 ETF | 1.33% | 15,799 | $3.9M | Add +242.9% |
| DFAU Dimensional US Core Equity M | 1.30% | 84,868 | $3.8M | New |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | 1.14% | 67,944 | $3.4M | New |
| VWO Vanguard Ftse Emerging Marke | 1.13% | 61,571 | $3.3M | Add +409.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.09% | 12,307 | $3.2M | New |
| GPIX GLDM SA S&P 500 PR in ETF-US | 1.07% | 63,191 | $3.2M | New |
| FLXR TCW Flexible Income ETF | 1.03% | 77,705 | $3.1M | Add +88.5% |
| ITA iShares U.S. Aerospace & Def | 0.95% | 12,872 | $2.8M | Reduce -12.5% |
| XSW SS SPDR S&P Soft & Serv ETF | 0.93% | 19,355 | $2.8M | Add +264.6% |
| MSFT Microsoft Corp. | 0.91% | 7,250 | $2.7M | Add +43.9% |
| URNM Sprott Uranium Miners ETF | 0.88% | 41,119 | $2.6M | Add +17.0% |
| DFIC Dimensional International Co. | 0.87% | 72,455 | $2.6M | New |
| DFAC Dimensional US Core Equity 2 | 0.84% | 63,795 | $2.5M | New |
| PM Philip Morris International | 0.80% | 14,238 | $2.4M | Reduce -20.2% |
| AAPL Apple Inc. | 0.76% | 8,899 | $2.3M | Add +3.4% |
| DFAE Dimensional Emerging Core Eq | 0.70% | 60,853 | $2.1M | New |
| MP MP Materials Corp. | 0.68% | 41,866 | $2.0M | Reduce -5.2% |
| AMLP Alerian MLP ETF | 0.63% | 35,629 | $1.9M | Add +166.6% |
| UBND Victoryshares Core Plus Bond | 0.62% | 83,732 | $1.8M | New |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.55% | 33,176 | $1.6M | Reduce -75.0% |
| GOOGL Alphabet Inc. Class A | 0.43% | 4,400 | $1.3M | Add +10.7% |
| NUV Nuveen Municipal Value | 0.43% | 139,794 | $1.3M | Add +9.1% |
| JMUB JPMorgan Municipal ETF | 0.43% | 25,194 | $1.3M | New |
| EMLP First Trust North American E | 0.42% | 28,352 | $1.2M | Add +11.0% |
| DUHP Dimensional US High Profi Et | 0.41% | 32,980 | $1.2M | New |
| MLPX Global X MLP & Energy Infras | 0.40% | 15,914 | $1.2M | New |
| PFXF Vaneck Pref Sec X-Financials | 0.40% | 67,057 | $1.2M | Add +106.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.39% | 2,667 | $1.2M | New |
| GRNY Fundstr Gran SH US LRG Cap | 0.37% | 46,048 | $1.1M | New |
| NEM Newmont Corp. | 0.37% | 10,145 | $1.1M | Add +65.3% |
| DFGP Dimensional GLBL Core PL Fix | 0.37% | 20,009 | $1.1M | New |
| SPAB SS SPDR P Agg Bond ETF | 0.36% | 41,291 | $1.1M | New |
| GOOG Alphabet Inc. Class C | 0.36% | 3,683 | $1.1M | Add +16.3% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.32% | 3,125 | $945K | Reduce -75.7% |
| DFIV Dimensional International Va | 0.32% | 17,677 | $933K | New |
| IEF iShares 7-10 Year Treasury B | 0.31% | 9,671 | $923K | New |
| DFEV Dimensional Emrg MRKT Val | 0.25% | 21,019 | $752K | New |
| MDST Westwd Sat Encd Mdstr in ETF | 0.25% | 25,593 | $738K | New |
| IJR iShares Core S&P Small-Cap E | 0.24% | 5,811 | $722K | New |
| NVDA Nvidia Corp. | 0.24% | 4,110 | $717K | Reduce -7.3% |
| CVX Chevron Corp. | 0.22% | 3,211 | $664K | Add +127.6% |
| VCLT Vanguard Long-Term Corp. Bond | 0.21% | 8,342 | $623K | New |
| DFSV Dimensional US Small Cap Val | 0.20% | 17,122 | $600K | New |
| XOM Exxon Mobil Corp. | 0.20% | 3,515 | $596K | Reduce -10.4% |
| RIO Rio Tinto PLC-Spon ADR | 0.20% | 6,143 | $589K | Add +35.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.20% | 2,985 | $586K | New |
| DGRO iShares Core Dividend Growth | 0.19% | 8,171 | $573K | New |
| AMZN Amazon.com Inc. | 0.19% | 2,669 | $556K | Add +43.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.18% | 1,138 | $545K | Add +139.1% |
| CARR Carrier Global Corp. | 0.18% | 9,386 | $529K | Reduce -23.4% |
| SCHD Schwab US DVD Equity ETF | 0.16% | 15,769 | $484K | New |
| NLY Annaly Capital Management Inc. | 0.14% | 19,476 | $426K | Add +12.9% |
| MO Altria Group Inc. | 0.14% | 6,188 | $415K | Reduce -52.0% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.13% | 7,969 | $398K | New |
| SDSI Amer Cent SH Dur Strat Inc. | 0.12% | 6,938 | $356K | New |
| SCHV Schwab US Large-Cap Value | 0.12% | 11,213 | $342K | New |
| XLK SS Technology Select Sector | 0.11% | 2,522 | $335K | New |
| ORCL Oracle Corp. | 0.11% | 2,276 | $335K | Reduce -8.3% |
| VONE Vanguard Russell 1000 | 0.11% | 1,124 | $332K | New |
| VCRM Vanguard Core Tax-Ex Bond | 0.10% | 3,738 | $281K | New |
| PZA Invesco National Amt-Free Mu | 0.09% | 11,967 | $275K | New |
| SLV iShares Silver Trust | 0.09% | 4,034 | $275K | New |
| TLT iShares 20+ Year Treasury BD | 0.09% | 3,150 | $273K | Add +0.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.09% | 1,205 | $262K | New |
| AVGO Broadcom Inc. | 0.09% | 846 | $262K | New |
| WMT Walmart Inc. | 0.09% | 2,083 | $259K | New |
| COST Costco Wholesale Corp. | 0.09% | 260 | $259K | Add +18.2% |
| ESGV Vanguard ESG US Stock ETF | 0.08% | 2,159 | $242K | New |
| MUB iShares National Muni Bond E | 0.08% | 2,093 | $222K | New |
| MLN Vaneck Long Muni ETF | 0.07% | 12,371 | $216K | New |
| VT Vanguard Tot World STK ETF | 0.07% | 1,550 | $214K | Reduce -28.8% |
| TSLA Tesla Inc. | 0.07% | 572 | $213K | New |
| JNJ Johnson & Johnson | 0.07% | 869 | $212K | New |
| TSM Taiwan Semiconductor-SP ADR | 0.07% | 606 | $205K | New |
Options reported separately and not counted above: QQQ puts ($17.2M), TLT calls ($928K), SPY calls ($390K), QQQ calls ($231K).
Portfolio Sells Q4 2025 → Q1 2026
| VGLT Vanguard Long-Term Treasury | Reduce -21.3% | 2.26% | −8.00 |
| IWF iShares Russell 1000 Growth | Reduce -45.8% | 1.45% | −7.56 |
| KNG FT Vest S&P 500 DVD Arst TRG | Reduce -75.0% | 0.55% | −7.51 |
| IWD iShares Russell 1000 Value E | Reduce -47.4% | 1.40% | −6.83 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -75.7% | 0.32% | −4.03 |
| GDX Vaneck Gold Miners ETF | Reduce -25.0% | 5.20% | −3.94 |
| PM Philip Morris International | Reduce -20.2% | 0.80% | −1.82 |
| ITA iShares U.S. Aerospace & Def | Reduce -12.5% | 0.95% | −1.63 |
| CXW Corecivic Inc. | Sold out | 0.00% | −1.62 |
| URA Global X Uranium ETF | Sold out | 0.00% | −1.57 |
| GLD SPDR Gold Shares | Reduce -1.7% | 1.47% | −1.53 |
| JEPI JPMorgan Equity Premium Inco | Sold out | 0.00% | −0.91 |
| JEPQ JPM Nasdaq Equity Premium | Sold out | 0.00% | −0.88 |
| CARR Carrier Global Corp. | Reduce -23.4% | 0.18% | −0.83 |
| MO Altria Group Inc. | Reduce -52.0% | 0.14% | −0.69 |
| HP Helmerich & Payne | Sold out | 0.00% | −0.50 |
| NVDA Nvidia Corp. | Reduce -7.3% | 0.24% | −0.48 |
| INCY Incyte Corp. | Sold out | 0.00% | −0.42 |
| ORCL Oracle Corp. | Reduce -8.3% | 0.11% | −0.39 |
| XOM Exxon Mobil Corp. | Reduce -10.4% | 0.20% | −0.31 |
| SKM SK Telecom Co. Ltd.-Spon ADR | Sold out | 0.00% | −0.25 |
| VT Vanguard Tot World STK ETF | Reduce -28.8% | 0.07% | −0.24 |
| MP MP Materials Corp. | Reduce -5.2% | 0.68% | −0.15 |
Portfolio Buys Q4 2025 → Q1 2026
| IVV iShares Core S&P 500 ETF | Add +17284.2% | 14.37% | +14.10 |
| BIV Vanguard Intermediate-Term B | New | 7.95% | +7.95 |
| VEA Vanguard Ftse Developed ETF | New | 4.52% | +4.52 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | New | 4.26% | +4.26 |
| QQQ Invesco QQQ Trust Series 1 | New | 4.06% | +4.06 |
| JQUA JPMorgan US Quality Factor | New | 2.66% | +2.66 |
| ILCV iShares Morningstar Value Et | New | 2.55% | +2.55 |
| CLOI Vaneck Clo ETF | New | 2.31% | +2.31 |
| JBND JPMorgan Active Bond ETF | New | 1.97% | +1.97 |
| PWR Quanta Services Inc. | New | 1.96% | +1.96 |
| AAAU Goldman Sachs Physical Gold | New | 1.86% | +1.86 |
| IUS Invesco Rafi Strategic US Et | New | 1.74% | +1.74 |
| BNDX Vanguard Total Intl Bond ETF | New | 1.66% | +1.66 |
| DFAU Dimensional US Core Equity M | New | 1.30% | +1.30 |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | New | 1.14% | +1.14 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 1.09% | +1.09 |
| GPIX GLDM SA S&P 500 PR in ETF-US | New | 1.07% | +1.07 |
| DFIC Dimensional International Co. | New | 0.87% | +0.87 |
| DFAC Dimensional US Core Equity 2 | New | 0.84% | +0.84 |
| DFAE Dimensional Emerging Core Eq | New | 0.70% | +0.70 |
| UBND Victoryshares Core Plus Bond | New | 0.62% | +0.62 |
| VWO Vanguard Ftse Emerging Marke | Add +409.5% | 1.13% | +0.48 |
| JMUB JPMorgan Municipal ETF | New | 0.43% | +0.43 |
| DUHP Dimensional US High Profi Et | New | 0.41% | +0.41 |
| MLPX Global X MLP & Energy Infras | New | 0.40% | +0.40 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.39% | +0.39 |
| GRNY Fundstr Gran SH US LRG Cap | New | 0.37% | +0.37 |
| DFGP Dimensional GLBL Core PL Fix | New | 0.37% | +0.37 |
| SPAB SS SPDR P Agg Bond ETF | New | 0.36% | +0.36 |
| DFIV Dimensional International Va | New | 0.32% | +0.32 |
| IEF iShares 7-10 Year Treasury B | New | 0.31% | +0.31 |
| DFEV Dimensional Emrg MRKT Val | New | 0.25% | +0.25 |
| MDST Westwd Sat Encd Mdstr in ETF | New | 0.25% | +0.25 |
| IJR iShares Core S&P Small-Cap E | New | 0.24% | +0.24 |
| VCLT Vanguard Long-Term Corp. Bond | New | 0.21% | +0.21 |
| DFSV Dimensional US Small Cap Val | New | 0.20% | +0.20 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.20% | +0.20 |
| DGRO iShares Core Dividend Growth | New | 0.19% | +0.19 |
| SCHD Schwab US DVD Equity ETF | New | 0.16% | +0.16 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.13% | +0.13 |
| SDSI Amer Cent SH Dur Strat Inc. | New | 0.12% | +0.12 |
| SCHV Schwab US Large-Cap Value | New | 0.12% | +0.12 |
| XLK SS Technology Select Sector | New | 0.11% | +0.11 |
| VONE Vanguard Russell 1000 | New | 0.11% | +0.11 |
| IWM iShares Russell 2000 ETF | Add +242.9% | 1.33% | +0.10 |
| NEM Newmont Corp. | Add +65.3% | 0.37% | +0.10 |
| VCRM Vanguard Core Tax-Ex Bond | New | 0.10% | +0.10 |
| PZA Invesco National Amt-Free Mu | New | 0.09% | +0.09 |
| SLV iShares Silver Trust | New | 0.09% | +0.09 |
| AVGO Broadcom Inc. | New | 0.09% | +0.09 |
Options Activity Q4 2025 → Q1 2026
| QQQ Invesco QQQ Trust Series 1 | put | New | 29,800 | $17.2M |
| TLT iShares 20+ Year Treasury BD | call | New | 10,700 | $928K |
| SPY SS SPDR S&P 500 ETF Trust-US | call | New | 600 | $390K |
| XOM Exxon Mobil Corp. | call | Sold out | 3,100 | $333Kbefore exit |
| XLE SS Energy Select Sector | call | Sold out | 3,200 | $274Kbefore exit |
| QQQ Invesco QQQ Trust Series 1 | call | New | 400 | $231K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 99 | $310.8M | IVV, BIV, VEA, FNDE, SPY |
| Q1 2026 | 94 | $295.6M | IVV, BIV, GDX, VEA, FNDE |
| Q4 2025 | 47 | $82.8M | VGLT, GDX, IWF, IWD, KNG |
| Q3 2025 | 88 | $268.5M | IVV, BIV, GDX, SPY, FNDE |
| Q2 2025 | 48 | $106.5M | GDX, SPY, FNDE, VGLT, IMCG |
| Q1 2025 | 47 | $91.8M | GDX, VGLT, IWD, IWF, KNG |
| Q4 2024 | 76 | $92.7M | VGLT, GDX, IWF, IWD, KNG |