Tilson Financial Group, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 25, 2024), Tilson Financial Group, Inc. reported 69 stock positions worth $186.2 million. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 9.0% of the portfolio, followed by Dimensional US Small Cap ETF (DFAS, 8.6%) and Dim US Large Cap Value ETF (DFLV, 6.7%). Compared with Q4 2023, it opened 7 new positions, sold out of 1, added to 24 and reduced 26. The biggest buy was a new position in Vanguard Core Bond ETF (VCRB) and the biggest sale SS SPDR P St Term TSY ETF (SPTS, shares −45%).
- Most Recent 13F
- Q2 2026
- Location
- NEW PROVIDENCE, NJ
- CIK
- 0001964820
- Portfolio Value
- $186.2M (Q1 2024)
- SEC Filing
- 0001964820-24-000001 ↗ filed Apr 25, 2024
Holdings Value
Holdings 69 stocks · $186.2M
| VUG Vanguard Mrngstar GR ETF-Sui | 9.01% | 48,729 | $16.8M | Add +36.3% |
| DFAS Dimensional US Small Cap ETF | 8.62% | 257,433 | $16.0M | Add +15.7% |
| DFLV Dim US Large Cap Value ETF | 6.73% | 417,525 | $12.5M | Add +26.2% |
| VTIP Vanguard Short-Term Tips | 4.88% | 189,676 | $9.1M | Add +2.3% |
| VCRB Vanguard Core Bond ETF | 4.69% | 114,059 | $8.7M | New |
| SPTI SS SPDR P Int Term TSY ETF | 4.64% | 306,826 | $8.6M | Add +2544.8% |
| SPTS SS SPDR P St Term TSY ETF | 4.20% | 270,291 | $7.8M | Reduce -45.2% |
| IVW iShares S&P 500 Growth ETF | 3.82% | 84,316 | $7.1M | Reduce -2.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.81% | 13,557 | $7.1M | Reduce -26.1% |
| VYM Vanguard High DVD Yield ETF | 3.81% | 58,543 | $7.1M | Add +0.2% |
| RLY SS Multi-Asset Real Ret ETF | 3.61% | 240,345 | $6.7M | Add +5.0% |
| VEA Vanguard Ftse Developed ETF | 3.35% | 124,136 | $6.2M | Add +8.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 2.92% | 107,586 | $5.4M | Add +32.6% |
| DFGR Dim Global Real Estate ETF | 2.17% | 157,957 | $4.0M | Add +23.1% |
| XOM Exxon Mobil Corp. | 2.06% | 33,044 | $3.8M | Add +0.5% |
| ACWV iShares MSCI Global Min Vol | 2.02% | 35,763 | $3.8M | Add +3.8% |
| IVE iShares S&P 500 Value ETF | 1.92% | 19,129 | $3.6M | Reduce -2.5% |
| DFEM Dimensional Emrg MRKT Core | 1.88% | 137,000 | $3.5M | Add +30.0% |
| UPS United Parcel Service Class B | 1.83% | 22,894 | $3.4M | No change |
| MUB iShares National Muni Bond E | 1.68% | 29,083 | $3.1M | Add +3.4% |
| DFIS Dimensional International SM | 1.49% | 111,032 | $2.8M | Add +46.4% |
| DFIV Dimensional International Va | 1.46% | 74,039 | $2.7M | Add +33.2% |
| SHM SS SPDR N Ice St Muni ETF | 1.45% | 57,010 | $2.7M | Reduce -19.9% |
| SPAB SS SPDR P Agg Bond ETF | 1.44% | 105,859 | $2.7M | Reduce -32.7% |
| IWF iShares Russell 1000 Growth | 1.26% | 6,978 | $2.4M | Reduce -6.6% |
| IJR iShares Core S&P Small-Cap E | 1.16% | 19,588 | $2.2M | Reduce -1.9% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.09% | 32,849 | $2.0M | New |
| SPDW Ste STR SPDR PT DW Eu ETF | 1.03% | 53,481 | $1.9M | Add +1.1% |
| DFIC Dimensional International Co. | 0.95% | 65,819 | $1.8M | Add +6.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.69% | 17,663 | $1.3M | Reduce -11.5% |
| AAPL Apple Inc. | 0.66% | 7,191 | $1.2M | Reduce -0.1% |
| SCZ iShares MSCI Eafe Small-Cap | 0.50% | 14,828 | $939K | Reduce -6.2% |
| MSFT Microsoft Corp. | 0.49% | 2,159 | $909K | Reduce -1.1% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.45% | 18,036 | $838K | New |
| SUB iShares Short-Term National | 0.45% | 7,925 | $830K | Reduce -41.4% |
| VWO Vanguard Ftse Emerging Marke | 0.42% | 18,913 | $790K | Reduce -6.1% |
| PEG Public Service Enterprise GP | 0.38% | 10,456 | $698K | Reduce -0.1% |
| VXUS Vanguard Total Intl Stock | 0.36% | 10,954 | $661K | Reduce -2.6% |
| IWM iShares Russell 2000 ETF | 0.35% | 3,089 | $650K | No change |
| IVV iShares Core S&P 500 ETF | 0.34% | 1,190 | $626K | Reduce -3.8% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.34% | 14,520 | $625K | Reduce -0.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.32% | 3,661 | $596K | Reduce -9.6% |
| ICSH iShares Ultra Short Duration | 0.31% | 11,259 | $569K | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.30% | 11,216 | $562K | Reduce -14.1% |
| BDX Becton Dickinson and Co. | 0.30% | 2,251 | $557K | No change |
| MRK Merck & Co. Inc. | 0.30% | 4,184 | $552K | Reduce -0.1% |
| CNOB Connectone Bancorp Inc. | 0.29% | 27,916 | $544K | Add +0.8% |
| SPSB SS SPDR P St C Corp. ETF | 0.28% | 17,590 | $524K | Add +22.7% |
| EFA iShares MSCI Eafe ETF | 0.28% | 6,527 | $521K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.27% | 1,942 | $505K | No change |
| AGG iShares Core U.S. Aggregate | 0.25% | 4,664 | $457K | Reduce -1.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.24% | 11,559 | $438K | Reduce -6.0% |
| ORCL Oracle Corp. | 0.21% | 3,060 | $384K | No change |
| BMY Bristol-Myers Squibb Co. | 0.18% | 6,344 | $344K | Add +1.4% |
| RWO State Street SPDR Dow Jones | 0.18% | 7,915 | $339K | Reduce -0.4% |
| IYW iShares Ustechnology ETF | 0.17% | 2,335 | $315K | Add +0.0% |
| DHS Wisdomtree US High Dividend | 0.16% | 3,463 | $300K | No change |
| LRCX Lam Research Corp. | 0.15% | 285 | $277K | No change |
| RGEN Repligen Corp. | 0.15% | 1,500 | $276K | No change |
| SPEM State Street SP PTF Em ETF | 0.14% | 7,445 | $269K | No change |
| JPM JPMorgan Chase & Co. | 0.14% | 1,284 | $257K | Reduce -2.1% |
| IWC iShares Micro-Cap ETF | 0.14% | 2,110 | $256K | No change |
| VZ Verizon Communications Inc. | 0.14% | 6,105 | $256K | Add +1.1% |
| JNJ Johnson & Johnson | 0.14% | 1,593 | $252K | Add +5.8% |
| GS Goldman Sachs Group Inc. | 0.12% | 541 | $226K | Reduce -27.4% |
| META Meta Platforms Inc. Class A | 0.12% | 456 | $221K | New |
| DFAC Dimensional US Core Equity 2 | 0.12% | 6,815 | $218K | New |
| PRF Invesco Rafi US 1000 ETF | 0.11% | 5,445 | $209K | New |
| DSI iShares ESG MSCI KLD 400 ETF | 0.11% | 1,998 | $201K | New |
Portfolio Sells Q4 2023 → Q1 2024
| SPTS SS SPDR P St Term TSY ETF | Reduce -45.2% | 4.20% | −5.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -26.1% | 3.81% | −1.81 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -32.7% | 1.44% | −1.16 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -19.9% | 1.45% | −0.74 |
| SUB iShares Short-Term National | Reduce -41.4% | 0.45% | −0.47 |
| IVW iShares S&P 500 Growth ETF | Reduce -2.3% | 3.82% | −0.34 |
| IVE iShares S&P 500 Value ETF | Reduce -2.5% | 1.92% | −0.28 |
| AAPL Apple Inc. | Reduce -0.1% | 0.66% | −0.23 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.9% | 1.16% | −0.23 |
| IWF iShares Russell 1000 Growth | Reduce -6.6% | 1.26% | −0.19 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -11.5% | 0.69% | −0.14 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.13 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -6.2% | 0.50% | −0.13 |
| VWO Vanguard Ftse Emerging Marke | Reduce -6.1% | 0.42% | −0.11 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -14.1% | 0.30% | −0.09 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -9.6% | 0.32% | −0.07 |
| VXUS Vanguard Total Intl Stock | Reduce -2.6% | 0.36% | −0.06 |
| GS Goldman Sachs Group Inc. | Reduce -27.4% | 0.12% | −0.06 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -0.5% | 0.34% | −0.06 |
| AGG iShares Core U.S. Aggregate | Reduce -1.9% | 0.25% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -3.8% | 0.34% | −0.04 |
| RWO State Street SPDR Dow Jones | Reduce -0.4% | 0.18% | −0.04 |
| MSFT Microsoft Corp. | Reduce -1.1% | 0.49% | −0.04 |
| PEG Public Service Enterprise GP | Reduce -0.1% | 0.38% | −0.04 |
| BAC Bank of America Corp. | Reduce -6.0% | 0.24% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -2.1% | 0.14% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -0.1% | 0.30% | +0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| VCRB Vanguard Core Bond ETF | New | 4.69% | +4.69 |
| SPTI SS SPDR P Int Term TSY ETF | Add +2544.8% | 4.64% | +4.43 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +36.3% | 9.01% | +1.86 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 1.09% | +1.09 |
| DFLV Dim US Large Cap Value ETF | Add +26.2% | 6.73% | +0.97 |
| TFI SS SPDR N Ice Muni Bond ETF | New | 0.45% | +0.45 |
| DFIS Dimensional International SM | Add +46.4% | 1.49% | +0.31 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +32.6% | 2.92% | +0.26 |
| DFIV Dimensional International Va | Add +33.2% | 1.46% | +0.23 |
| DFEM Dimensional Emrg MRKT Core | Add +30.0% | 1.88% | +0.18 |
| META Meta Platforms Inc. Class A | New | 0.12% | +0.12 |
| DFAC Dimensional US Core Equity 2 | New | 0.12% | +0.12 |
| PRF Invesco Rafi US 1000 ETF | New | 0.11% | +0.11 |
| DSI iShares ESG MSCI KLD 400 ETF | New | 0.11% | +0.11 |
| DFAS Dimensional US Small Cap ETF | Add +15.7% | 8.62% | +0.08 |
| DFGR Dim Global Real Estate ETF | Add +23.1% | 2.17% | +0.02 |
| SPSB SS SPDR P St C Corp. ETF | Add +22.7% | 0.28% | +0.01 |
| VZ Verizon Communications Inc. | Add +1.1% | 0.14% | −0.01 |
| IYW iShares Ustechnology ETF | Add +0.0% | 0.17% | −0.02 |
| JNJ Johnson & Johnson | Add +5.8% | 0.14% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Add +1.4% | 0.18% | −0.02 |
| XOM Exxon Mobil Corp. | Add +0.5% | 2.06% | −0.05 |
| DFIC Dimensional International Co. | Add +6.7% | 0.95% | −0.07 |
| CNOB Connectone Bancorp Inc. | Add +0.8% | 0.29% | −0.12 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +1.1% | 1.03% | −0.13 |
| VEA Vanguard Ftse Developed ETF | Add +8.8% | 3.35% | −0.17 |
| ACWV iShares MSCI Global Min Vol | Add +3.8% | 2.02% | −0.20 |
| MUB iShares National Muni Bond E | Add +3.4% | 1.68% | −0.28 |
| VYM Vanguard High DVD Yield ETF | Add +0.2% | 3.81% | −0.39 |
| RLY SS Multi-Asset Real Ret ETF | Add +5.0% | 3.61% | −0.40 |
| VTIP Vanguard Short-Term Tips | Add +2.3% | 4.88% | −0.78 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 86 | $363.6M | VCRB, VUG, DFLV, DFAS, EVSD |
| Q1 2026 | 79 | $333.2M | VCRB, VUG, DFLV, DFAS, EVSD |
| Q4 2025 | 83 | $325.0M | VCRB, VUG, DFLV, DFAS, EVSD |
| Q3 2025 | 77 | $304.3M | VCRB, VUG, DFLV, DFAS, EVSD |
| Q2 2025 | 75 | $265.1M | VCRB, VUG, DFLV, DFAS, SPTI |
| Q1 2025 | 72 | $252.8M | VCRB, VUG, DFLV, DFAS, VTEB |
| Q4 2024 | 73 | $245.1M | VCRB, VUG, DFLV, DFAS, VEA |
| Q3 2024Amended | 72 | $230.8M | VUG, VCRB, DFAS, DFLV, VEA |
| Q2 2024 | 37 | $99.0M | DFAS, DFLV, SPTI, SPTS, RLY |
| Q1 2024 | 69 | $186.2M | VUG, DFAS, DFLV, VTIP, VCRB |