TFB Advisors LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), TFB Advisors LLC reported 320 stock positions worth $347.1 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 5.1% of the portfolio, followed by Vngrd Mrgstr MG CP GR ETF-Ui (MGK, 3.9%) and Vngrd Mrgstr MG CP VL ETF-Ui (MGV, 3.1%). Compared with Q4 2024, it opened 21 new positions, sold out of 21, added to 169 and reduced 123. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +2452%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- OVERLAND PARK, KS
- CIK
- 0001965201
- Portfolio Value
- $347.1M (Q1 2025)
- SEC Filing
- 0001965201-25-000003 ↗ filed May 14, 2025
Holdings Value
Holdings 320 stocks · $347.1M
| VOO Vanguard S&P 500 ETF | 5.05% | 34,131 | $17.5M | Add +0.2% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 3.90% | 43,784 | $13.5M | Reduce -3.7% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 3.14% | 84,491 | $10.9M | Reduce -3.0% |
| NVDA Nvidia Corp. | 2.43% | 77,832 | $8.4M | Reduce -0.5% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 2.05% | 90,381 | $7.1M | Add +5.6% |
| AAPL Apple Inc. | 1.89% | 29,516 | $6.6M | Add +0.4% |
| IVV iShares Core S&P 500 ETF | 1.70% | 10,490 | $5.9M | Reduce -41.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.68% | 63,722 | $5.8M | Add +2451.9% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.65% | 35,618 | $5.7M | Reduce -1.6% |
| MSFT Microsoft Corp. | 1.63% | 15,087 | $5.7M | Add +1.1% |
| IEFA iShares Core MSCI Eafe ETF | 1.63% | 74,765 | $5.7M | Add +3.4% |
| VIG Vanguard Dividend Apprec ETF | 1.52% | 27,271 | $5.3M | Add +7.9% |
| AMZN Amazon.com Inc. | 1.52% | 27,725 | $5.3M | Add +9.7% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.51% | 28,138 | $5.2M | Reduce -2.4% |
| MINT PIMCO Enhanced Short Maturit | 1.40% | 48,439 | $4.9M | Reduce -3.7% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 1.35% | 19,139 | $4.7M | Reduce -4.9% |
| QQQ Invesco QQQ Trust Series 1 | 1.05% | 7,743 | $3.6M | Add +12.5% |
| VTI VG Morningstar TS MKT ETF-US | 1.04% | 13,106 | $3.6M | Reduce -17.2% |
| PG The Procter & Gamble Co. | 0.97% | 19,678 | $3.4M | Add +0.6% |
| GOOGL Alphabet Inc. Class A | 0.93% | 20,767 | $3.2M | Add +1.9% |
| IEMG iShares Core MSCI Emerging | 0.89% | 57,342 | $3.1M | Reduce -0.4% |
| FBND Fidelity Total Bond ETF | 0.87% | 66,454 | $3.0M | Add +24.7% |
| IWR iShares Russell Mid-Cap ETF | 0.85% | 34,773 | $3.0M | Add +6.9% |
| AGG iShares Core U.S. Aggregate | 0.84% | 29,405 | $2.9M | Add +6.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.84% | 5,456 | $2.9M | Add +1.1% |
| APO Apollo Global Management Inc. | 0.80% | 20,190 | $2.8M | Add +5.2% |
| IWM iShares Russell 2000 ETF | 0.79% | 13,800 | $2.8M | Add +13.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.79% | 12,304 | $2.7M | Add +18.6% |
| AVUV Avantis US Small Cap Value | 0.73% | 28,984 | $2.5M | Reduce -6.2% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.71% | 82,430 | $2.4M | Reduce -17.0% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.70% | 9,619 | $2.4M | Reduce -4.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.69% | 13,958 | $2.4M | Reduce -2.0% |
| META Meta Platforms Inc. Class A | 0.69% | 4,142 | $2.4M | Add +5.6% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.65% | 52,794 | $2.2M | Add +18.5% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.62% | 41,111 | $2.2M | Add +29.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.62% | 5,777 | $2.1M | Reduce -0.7% |
| MTUM iShares MSCI USA Momentum Fa | 0.61% | 10,452 | $2.1M | Add +2.3% |
| VXF Vanguard Extended Market ETF | 0.61% | 12,263 | $2.1M | Add +2.1% |
| IWS iShares Russell Mid-Cap Valu | 0.58% | 15,927 | $2.0M | Add +2.5% |
| JNK SS SPDR BB High Yield Bond | 0.55% | 19,917 | $1.9M | Add +8.3% |
| IJH iShares Core S&P Midcap ETF | 0.53% | 31,632 | $1.8M | Add +8.1% |
| IEI iShares 3-7 Year Treasury Bo | 0.50% | 14,831 | $1.8M | Reduce -3.3% |
| IDEV iShares Core MSCI Dev MKTS | 0.50% | 25,298 | $1.7M | Add +4.1% |
| V Visa Inc. Class A | 0.49% | 4,821 | $1.7M | Add +1.8% |
| AVUS Avantis U.S. Equity ETF | 0.48% | 18,197 | $1.7M | Reduce -3.8% |
| SHY iShares 1-3 Year Treasury Bo | 0.48% | 20,007 | $1.7M | Reduce -22.9% |
| IWN iShares Russell 2000 Value E | 0.47% | 10,883 | $1.6M | Add +3.5% |
| FTHY First Trust Hi YLD Opp 2027 | 0.46% | 110,644 | $1.6M | Add +2.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.46% | 2 | $1.6M | New |
| GOVT iShares US Treasury Bond ETF | 0.46% | 69,205 | $1.6M | Reduce -2.6% |
| JPM JPMorgan Chase & Co. | 0.45% | 6,385 | $1.6M | Add +1.7% |
| AVEM Avantis Emerging Markets Eq | 0.45% | 25,972 | $1.6M | Reduce -4.9% |
| VYM Vanguard High DVD Yield ETF | 0.44% | 11,813 | $1.5M | Add +25.5% |
| FJAN FT Vest U.S. Equity Buffer E | 0.42% | 33,130 | $1.5M | Add +177.1% |
| LLY Eli Lilly & Co. | 0.42% | 1,757 | $1.5M | Add +3.0% |
| BBUS JPMorgan Betabuilders US Equ | 0.41% | 14,253 | $1.4M | Add +2.5% |
| T AT&T Inc. | 0.41% | 50,572 | $1.4M | Reduce -1.2% |
| ACWV iShares MSCI Global Min Vol | 0.40% | 12,001 | $1.4M | Add +0.5% |
| WMT Walmart Inc. | 0.40% | 15,691 | $1.4M | Add +3.4% |
| AVGO Broadcom Inc. | 0.38% | 7,807 | $1.3M | Reduce -3.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.37% | 11,759 | $1.3M | Reduce -2.5% |
| BNDX Vanguard Total Intl Bond ETF | 0.36% | 25,452 | $1.2M | Reduce -1.0% |
| BX Blackstone Inc. | 0.36% | 8,876 | $1.2M | Add +35.1% |
| MUB iShares National Muni Bond E | 0.35% | 11,679 | $1.2M | Add +2.3% |
| TLH iShares 10-20 Year Treasury | 0.35% | 11,855 | $1.2M | Add +0.0% |
| IDV iShares International Select | 0.35% | 39,609 | $1.2M | Add +22.0% |
| USHY iShares Broad Usd High Yield | 0.35% | 33,315 | $1.2M | Add +0.2% |
| TLT iShares 20+ Year Treasury BD | 0.34% | 12,926 | $1.2M | New |
| AMGN Amgen Inc. | 0.34% | 3,760 | $1.2M | Reduce -7.5% |
| GOOG Alphabet Inc. Class C | 0.34% | 7,464 | $1.2M | Reduce -4.0% |
| RDVY First Trust Rising Dividend | 0.33% | 19,520 | $1.1M | Reduce -11.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.32% | 4,332 | $1.1M | Reduce -0.7% |
| HYI Western Asset High Yield Opp | 0.32% | 93,707 | $1.1M | No change |
| TSLA Tesla Inc. | 0.32% | 4,265 | $1.1M | Reduce -18.2% |
| JGLO JPMorgan GLBL SLCT Eq ETF | 0.32% | 18,548 | $1.1M | Reduce -4.8% |
| VMBS Vanguard Mortgage-Backed Sec | 0.31% | 23,286 | $1.1M | Reduce -3.9% |
| VFMF Vanguard US Multifactor ETF | 0.31% | 8,473 | $1.1M | Add +57.0% |
| USIG iShares Broad Usd Investment | 0.31% | 20,934 | $1.1M | Reduce -5.3% |
| AFL Aflac Inc. | 0.31% | 9,607 | $1.1M | Reduce -6.4% |
| COST Costco Wholesale Corp. | 0.31% | 1,121 | $1.1M | Add +2.3% |
| TIP iShares Tips Bond ETF | 0.30% | 9,528 | $1.1M | Reduce -5.2% |
| JIRE JPMorgan Int Res Enh Eqty | 0.30% | 16,354 | $1.0M | Add +3.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.29% | 27,684 | $1.0M | Reduce -1.0% |
| VST Vistra Corp. | 0.28% | 8,243 | $968K | Reduce -13.7% |
| HYDB iShares High Yield Systemati | 0.28% | 20,333 | $957K | Add +49.4% |
| UTHR United Therapeutics Corp. | 0.27% | 3,046 | $939K | Add +34.7% |
| AVLV Avantis US Large Cap Value | 0.27% | 14,291 | $932K | Reduce -3.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.26% | 11,187 | $899K | Reduce -5.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.26% | 1,596 | $893K | Reduce -2.6% |
| SPOT Spotify Technology SA | 0.26% | 1,612 | $887K | Add +3.4% |
| XOM Exxon Mobil Corp. | 0.25% | 7,399 | $880K | Reduce -1.9% |
| LMBS First Trust Low Duration Opp | 0.25% | 17,801 | $875K | Add +14.3% |
| RSP Invesco S&P 500 Equal Weight | 0.25% | 5,046 | $874K | Add +25.7% |
| EMB iShares JP Morgan Usd Emergi | 0.25% | 9,623 | $872K | Reduce -1.9% |
| ISRG Intuitive Surgical Inc. | 0.25% | 1,752 | $868K | Add +2.5% |
| MA Mastercard Inc. Class A | 0.25% | 1,571 | $861K | Add +3.1% |
| HIG Hartford Insurance Group Inc. | 0.25% | 6,949 | $860K | Reduce -10.5% |
| ORCL Oracle Corp. | 0.25% | 6,129 | $857K | Add +4.4% |
| VZ Verizon Communications Inc. | 0.25% | 18,819 | $854K | Add +2.7% |
| FDEC FT Vest U.S. Equity Buffer E | 0.24% | 19,565 | $849K | Add +24.4% |
Portfolio Sells Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | Reduce -41.0% | 1.70% | −1.29 |
| NVDA Nvidia Corp. | Reduce -0.5% | 2.43% | −0.57 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -3.7% | 3.90% | −0.57 |
| TSLA Tesla Inc. | Reduce -18.2% | 0.32% | −0.28 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -17.2% | 1.04% | −0.27 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −0.24 |
| BUFD FT VST Lad Deep Buf ETF-Usdi | Reduce -54.5% | 0.17% | −0.21 |
| BUFR FT Vest Lad Buffervetf-Usd I | Reduce -17.0% | 0.71% | −0.16 |
| LCID Lucid Group Inc. | Sold out | 0.00% | −0.16 |
| AVGO Broadcom Inc. | Reduce -3.3% | 0.38% | −0.16 |
| SDY SS SPDR S&P Dividend ETF | Sold out | 0.00% | −0.13 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -22.9% | 0.48% | −0.13 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.13 |
| AVUV Avantis US Small Cap Value | Reduce -6.2% | 0.73% | −0.12 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -2.4% | 1.51% | −0.12 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -4.9% | 1.35% | −0.11 |
| ONTO Onto Innovation Inc. | Sold out | 0.00% | −0.11 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -4.5% | 0.70% | −0.11 |
| SSO Proshares Ultra S&P500 | Reduce -59.7% | 0.06% | −0.10 |
| VST Vistra Corp. | Reduce -13.7% | 0.28% | −0.10 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -42.7% | 0.13% | −0.09 |
| GOOG Alphabet Inc. Class C | Reduce -4.0% | 0.34% | −0.09 |
| SRE Sempra | Sold out | 0.00% | −0.08 |
| PTLO Portillo's Inc. Class A | Sold out | 0.00% | −0.07 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.07 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.7% | 0.62% | −0.07 |
| IVW iShares S&P 500 Growth ETF | Reduce -20.3% | 0.18% | −0.07 |
| CI The Cigna Group | Sold out | 0.00% | −0.06 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.06 |
| VEA Vanguard Ftse Developed ETF | Reduce -27.4% | 0.22% | −0.06 |
| SLYV SS SPDR S&P 600 SC Val ETF | Sold out | 0.00% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.06 |
| FITB Fifth Third Bancorp | Sold out | 0.00% | −0.06 |
| EEMS iShares MSCI Emerging MKT SM | Sold out | 0.00% | −0.06 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −0.06 |
| OMC Omnicom Group | Sold out | 0.00% | −0.06 |
| BBMC JPM Betabuilders US Mid Cap | Sold out | 0.00% | −0.06 |
| YLD Principal Act Hi YLD ETF | Sold out | 0.00% | −0.06 |
| CMG Chipotle Mexican Grill Inc. | Reduce -3.1% | 0.21% | −0.05 |
| RDDT Reddit Inc. Class A | Reduce -6.2% | 0.07% | −0.05 |
| RDVY First Trust Rising Dividend | Reduce -11.6% | 0.33% | −0.04 |
| INTU Intuit Inc. | Reduce -21.4% | 0.15% | −0.04 |
| AVUS Avantis U.S. Equity ETF | Reduce -3.8% | 0.48% | −0.04 |
| MINT PIMCO Enhanced Short Maturit | Reduce -3.7% | 1.40% | −0.04 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -5.7% | 0.26% | −0.04 |
| XMMO Invesco S&P Midcap Momentum | Reduce -8.4% | 0.22% | −0.04 |
| PFE Pfizer Inc. | Reduce -26.4% | 0.08% | −0.04 |
| DFAC Dimensional US Core Equity 2 | Reduce -14.6% | 0.16% | −0.03 |
| MTTR Matterport Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +2451.9% | 1.68% | +1.62 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.46% | +0.46 |
| TLT iShares 20+ Year Treasury BD | New | 0.34% | +0.34 |
| FJAN FT Vest U.S. Equity Buffer E | Add +177.1% | 0.42% | +0.27 |
| FEBM FT Vest US Eq Max Buf Feb | New | 0.24% | +0.24 |
| FBND Fidelity Total Bond ETF | Add +24.7% | 0.87% | +0.19 |
| IEFA iShares Core MSCI Eafe ETF | Add +3.4% | 1.63% | +0.18 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +29.8% | 0.62% | +0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.1% | 0.84% | +0.14 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +5.6% | 2.05% | +0.13 |
| VIG Vanguard Dividend Apprec ETF | Add +7.9% | 1.52% | +0.11 |
| VFMF Vanguard US Multifactor ETF | Add +57.0% | 0.31% | +0.11 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +18.5% | 0.65% | +0.10 |
| SYF Synchrony Financial | Add +208.5% | 0.17% | +0.10 |
| IDV iShares International Select | Add +22.0% | 0.35% | +0.10 |
| VYM Vanguard High DVD Yield ETF | Add +25.5% | 0.44% | +0.10 |
| HYDB iShares High Yield Systemati | Add +49.4% | 0.28% | +0.09 |
| HOOD Robinhood Markets Inc. Class A | New | 0.09% | +0.09 |
| FOXA Fox Corp. Class A | New | 0.09% | +0.09 |
| IEF iShares 7-10 Year Treasury B | New | 0.08% | +0.08 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.08% | +0.08 |
| IAU iShares Gold Trust | New | 0.08% | +0.08 |
| ARM Arm Holdings PLC-ADR | New | 0.08% | +0.08 |
| HUBS HubSpot Inc. | New | 0.08% | +0.08 |
| SPEM State Street SP PTF Em ETF | New | 0.08% | +0.08 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +18.6% | 0.79% | +0.07 |
| LQTI FT Vest Invst GRD TRGT I ETF | New | 0.07% | +0.07 |
| CFG Citizens Financial Group | New | 0.07% | +0.07 |
| AGG iShares Core U.S. Aggregate | Add +6.0% | 0.84% | +0.07 |
| BABA Alibaba Group Holding-SP ADR | Add +8.2% | 0.16% | +0.07 |
| IETC iShares U.S. Tech Independen | New | 0.07% | +0.07 |
| EPD Enterprise Products Partners | New | 0.07% | +0.07 |
| CL Colgate-Palmolive Co. | New | 0.06% | +0.06 |
| WTV Wisdomtree U.S. Value Fund | New | 0.06% | +0.06 |
| V Visa Inc. Class A | Add +1.8% | 0.49% | +0.06 |
| IXUS iShares Core Intl Stock ETF | New | 0.06% | +0.06 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.06% | +0.06 |
| NOC Northrop Grumman Corp. | New | 0.06% | +0.06 |
| SPOT Spotify Technology SA | Add +3.4% | 0.26% | +0.06 |
| IDEV iShares Core MSCI Dev MKTS | Add +4.1% | 0.50% | +0.05 |
| RSP Invesco S&P 500 Equal Weight | Add +25.7% | 0.25% | +0.05 |
| VFMO Vanguard US Momentum Factor | Add +44.7% | 0.19% | +0.05 |
| IYK iShares US Consumer Staples | Add +19.0% | 0.21% | +0.05 |
| FFEB FT Vest US Equity Buffer ETF | Add +30.1% | 0.21% | +0.05 |
| VTWO Vanguard Russell 2000 ETF | Add +85.5% | 0.11% | +0.05 |
| FAPR FT Vest U.S. Equity Buffer E | Add +24.8% | 0.23% | +0.05 |
| FNOV FT Vest US Equity Buffer ETF | Add +31.7% | 0.20% | +0.05 |
| FOCT FT Vest U.S. Equity Buffer E | Add +32.0% | 0.20% | +0.05 |
| JNK SS SPDR BB High Yield Bond | Add +8.3% | 0.55% | +0.04 |
| FJUL FT Vest US Equity Buffer ETF | Add +31.4% | 0.20% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 190 | $227.0M | VOO, MGK, IVV, MGV, FBND |
| Q1 2026 | 180 | $191.0M | VOO, MGK, IVV, FBND, MGV |
| Q4 2025 | 307 | $358.0M | VOO, MGK, IVV, NVDA, MGV |
| Q3 2025 | 308 | $343.4M | VOO, MGK, NVDA, MGV, IVV |
| Q2 2025 | 334 | $381.8M | VOO, MGK, NVDA, IVV, MGV |
| Q1 2025 | 320 | $347.1M | VOO, MGK, MGV, NVDA, HYG |
| Q4 2024 | 320 | $349.7M | VOO, MGK, MGV, NVDA, IVV |
| Q3 2024 | 312 | $336.1M | VOO, MGK, MGV, IVV, NVDA |
| Q2 2024 | 289 | $307.0M | VOO, MGK, MGV, NVDA, MSFT |
| Q1 2024 | 263 | $275.7M | VOO, MGK, MGV, IVV, MSFT |