Tenon Financial LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), Tenon Financial LLC reported 46 stock positions worth $161.6 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 23.1% of the portfolio, followed by Vanguard Extended Market ETF (VXF, 17.4%) and Vanguard Total Bond Market (BND, 15.3%). Compared with Q4 2024, it opened 3 new positions, sold out of 3, added to 17 and reduced 6. The biggest buy was Vanguard Total Intl Stock (VXUS, shares +16%) and the biggest sale Apple (AAPL, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- METUCHEN, NJ
- CIK
- 0002020781
- Portfolio Value
- $161.6M (Q1 2025)
- SEC Filing
- 0001085146-25-002133 ↗ filed Apr 17, 2025
Holdings Value
Holdings 46 stocks · $161.6M
| VOO Vanguard S&P 500 ETF | 23.15% | 72,780 | $37.4M | Add +6.3% |
| VXF Vanguard Extended Market ETF | 17.38% | 162,972 | $28.1M | Add +8.8% |
| BND Vanguard Total Bond Market | 15.28% | 336,150 | $24.7M | Add +12.6% |
| VXUS Vanguard Total Intl Stock | 12.51% | 325,427 | $20.2M | Add +16.0% |
| VEA Vanguard Ftse Developed ETF | 6.98% | 221,866 | $11.3M | Reduce -2.3% |
| VTI VG Morningstar TS MKT ETF-US | 4.18% | 24,600 | $6.8M | Add +8.0% |
| BSCQ Invesco Bulletshares 2026 CB | 2.06% | 170,927 | $3.3M | Add +6.2% |
| ITOT iShares Core S&P Total U.S. | 1.70% | 22,540 | $2.8M | No change |
| AAPL Apple Inc. | 1.60% | 11,673 | $2.6M | Reduce -10.2% |
| BSCP Invesco Bulletshares 2025 CB | 1.59% | 124,400 | $2.6M | Reduce -1.2% |
| BSCR Invesco Bulletshares 2027 CB | 1.59% | 131,177 | $2.6M | Add +19.2% |
| LLY Eli Lilly & Co. | 1.19% | 2,327 | $1.9M | No change |
| MSFT Microsoft Corp. | 0.87% | 3,736 | $1.4M | No change |
| TT Trane Technologies PLC | 0.80% | 3,857 | $1.3M | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.66% | 21,646 | $1.1M | Add +22.7% |
| TYL Tyler Technologies Inc. | 0.59% | 1,649 | $959K | Reduce -16.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.58% | 2,512 | $932K | No change |
| AMZN Amazon.com Inc. | 0.50% | 4,245 | $808K | No change |
| CMF iShares California Muni Bond | 0.45% | 12,798 | $720K | No change |
| IVV iShares Core S&P 500 ETF | 0.43% | 1,245 | $700K | Add +0.2% |
| AVUV Avantis US Small Cap Value | 0.42% | 7,803 | $680K | Add +15.8% |
| VGIT Vanguard Intermediate-Term T | 0.41% | 11,120 | $661K | New |
| XPO Xpo Inc. | 0.39% | 5,844 | $629K | No change |
| RSP Invesco S&P 500 Equal Weight | 0.39% | 3,598 | $623K | Add +0.5% |
| VWO Vanguard Ftse Emerging Marke | 0.29% | 10,480 | $474K | Add +0.1% |
| SPGI S&P Global Inc. | 0.29% | 928 | $472K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.27% | 2,510 | $434K | Reduce -19.4% |
| SCHD Schwab US DVD Equity ETF | 0.26% | 15,126 | $423K | Add +0.0% |
| XOM Exxon Mobil Corp. | 0.25% | 3,448 | $410K | No change |
| BN Brookfield Corp. | 0.23% | 7,208 | $378K | Reduce -26.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 786 | $368K | No change |
| IXUS iShares Core Intl Stock ETF | 0.21% | 4,925 | $344K | No change |
| IWM iShares Russell 2000 ETF | 0.20% | 1,614 | $322K | No change |
| HCA HCA Healthcare Inc. | 0.19% | 891 | $308K | No change |
| IWB iShares Russell 1000 ETF | 0.18% | 966 | $296K | No change |
| DFAC Dimensional US Core Equity 2 | 0.18% | 8,666 | $286K | No change |
| META Meta Platforms Inc. Class A | 0.18% | 493 | $284K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.16% | 1,338 | $260K | Add +0.1% |
| BSCS Invesco Bulletshares 2028 CB | 0.16% | 12,426 | $253K | New |
| VTIP Vanguard Short-Term Tips | 0.16% | 5,055 | $252K | No change |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.15% | 4,437 | $244K | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.15% | 3,087 | $244K | Add +0.7% |
| BSV Vanguard Short-Term Bond ETF | 0.15% | 3,058 | $239K | Add +0.6% |
| QXO Qxo Inc. | 0.13% | 15,930 | $216K | New |
| IJR iShares Core S&P Small-Cap E | 0.13% | 2,040 | $213K | Add +0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.13% | 2,124 | $210K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -10.2% | 1.60% | −0.45 |
| VGK Vanguard Ftse Europe ETF | Sold out | 0.00% | −0.16 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.15 |
| TYL Tyler Technologies Inc. | Reduce -16.4% | 0.59% | −0.14 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.14 |
| BN Brookfield Corp. | Reduce -26.4% | 0.23% | −0.13 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -1.2% | 1.59% | −0.09 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -19.4% | 0.27% | −0.07 |
| VEA Vanguard Ftse Developed ETF | Reduce -2.3% | 6.98% | −0.04 |
Portfolio Buys Q4 2024 → Q1 2025
| VXUS Vanguard Total Intl Stock | Add +16.0% | 12.51% | +1.82 |
| BND Vanguard Total Bond Market | Add +12.6% | 15.28% | +1.38 |
| VGIT Vanguard Intermediate-Term T | New | 0.41% | +0.41 |
| BSCR Invesco Bulletshares 2027 CB | Add +19.2% | 1.59% | +0.20 |
| BSCS Invesco Bulletshares 2028 CB | New | 0.16% | +0.16 |
| QXO Qxo Inc. | New | 0.13% | +0.13 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +22.7% | 0.66% | +0.09 |
| BSCQ Invesco Bulletshares 2026 CB | Add +6.2% | 2.06% | +0.03 |
| AVUV Avantis US Small Cap Value | Add +15.8% | 0.42% | +0.00 |
| BSV Vanguard Short-Term Bond ETF | Add +0.6% | 0.15% | −0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +0.7% | 0.15% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +0.1% | 0.29% | −0.00 |
| SCHD Schwab US DVD Equity ETF | Add +0.0% | 0.26% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +0.1% | 0.16% | −0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +0.5% | 0.39% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Add +0.3% | 0.13% | −0.02 |
| IVV iShares Core S&P 500 ETF | Add +0.2% | 0.43% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +8.0% | 4.18% | −0.08 |
| VOO Vanguard S&P 500 ETF | Add +6.3% | 23.15% | −0.67 |
| VXF Vanguard Extended Market ETF | Add +8.8% | 17.38% | −1.11 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 61 | $310.9M | VOO, VXF, VXUS, BND, VEA |
| Q1 2026 | 54 | $254.6M | VOO, VXF, VXUS, BND, VEA |
| Q4 2025 | 49 | $237.2M | VOO, VXF, VXUS, BND, VEA |
| Q3 2025 | 48 | $194.7M | VOO, VXF, VXUS, BND, VEA |
| Q2 2025 | 46 | $226.4M | VXF, VXUS, VOO, BND, VEA |
| Q1 2025 | 46 | $161.6M | VOO, VXF, BND, VXUS, VEA |
| Q4 2024 | 46 | $154.4M | VOO, VXF, BND, VXUS, VEA |
| Q3 2024 | 44 | $151.0M | VOO, VXF, BND, VXUS, VEA |
| Q2 2024 | 41 | $128.2M | VOO, VXF, BND, VXUS, VEA |
| Q1 2024 | 38 | $118.5M | VOO, VXF, BND, VXUS, VEA |