Tilson Financial Group, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 7, 2025), Tilson Financial Group, Inc. reported 73 stock positions worth $245.1 million. Its top holding was Vanguard Core Bond ETF (VCRB) at 12.2% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 10.2%) and Dim US Large Cap Value ETF (DFLV, 7.6%). Compared with Q3 2024, it opened 5 new positions, sold out of 4, added to 32 and reduced 26. The biggest buy was Vanguard Core Bond ETF (VCRB, shares +47%) and the biggest sale Vanguard Short-Term Tips (VTIP, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- NEW PROVIDENCE, NJ
- CIK
- 0001964820
- Portfolio Value
- $245.1M (Q4 2024)
- SEC Filing
- 0001964820-25-000001 ↗ filed Feb 7, 2025
Holdings Value
Holdings 73 stocks · $245.1M
| VCRB Vanguard Core Bond ETF | 12.21% | 394,684 | $29.9M | Add +47.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 10.24% | 61,150 | $25.1M | Add +7.3% |
| DFLV Dim US Large Cap Value ETF | 7.57% | 617,964 | $18.6M | Add +6.7% |
| DFAS Dimensional US Small Cap ETF | 7.51% | 282,660 | $18.4M | Add +1.3% |
| VEA Vanguard Ftse Developed ETF | 5.05% | 258,603 | $12.4M | Add +5.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 4.31% | 210,846 | $10.6M | Add +57.3% |
| SPTI SS SPDR P Int Term TSY ETF | 3.77% | 331,355 | $9.2M | Add +5.5% |
| SPTS SS SPDR P St Term TSY ETF | 3.43% | 289,638 | $8.4M | Add +2.9% |
| IVW iShares S&P 500 Growth ETF | 3.33% | 80,345 | $8.2M | Reduce -0.7% |
| VYM Vanguard High DVD Yield ETF | 3.09% | 59,344 | $7.6M | Reduce -0.7% |
| RLY SS Multi-Asset Real Ret ETF | 2.85% | 258,853 | $7.0M | Add +2.5% |
| DFEM Dimensional Emrg MRKT Core | 2.30% | 215,008 | $5.6M | Add +19.2% |
| VTIP Vanguard Short-Term Tips | 2.26% | 114,605 | $5.5M | Reduce -43.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.20% | 9,179 | $5.4M | Reduce -9.4% |
| DFGR Dim Global Real Estate ETF | 2.09% | 200,050 | $5.1M | Add +7.2% |
| DFIC Dimensional International Co. | 2.05% | 194,632 | $5.0M | Add +12.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.88% | 66,965 | $4.6M | Add +6.5% |
| XOM Exxon Mobil Corp. | 1.47% | 33,564 | $3.6M | Add +0.8% |
| IVE iShares S&P 500 Value ETF | 1.46% | 18,682 | $3.6M | Reduce -2.2% |
| DFIV Dimensional International Va | 1.43% | 98,957 | $3.5M | Add +8.9% |
| DFIS Dimensional International SM | 1.39% | 138,278 | $3.4M | Add +7.0% |
| MUB iShares National Muni Bond E | 1.35% | 31,150 | $3.3M | Reduce -2.5% |
| UPS United Parcel Service Class B | 1.18% | 22,909 | $2.9M | Add +0.1% |
| IWF iShares Russell 1000 Growth | 1.13% | 6,918 | $2.8M | Reduce -0.4% |
| SHM SS SPDR N Ice St Muni ETF | 1.06% | 54,922 | $2.6M | Reduce -1.2% |
| VOO Vanguard S&P 500 ETF | 0.92% | 4,159 | $2.3M | New |
| IJR iShares Core S&P Small-Cap E | 0.89% | 18,944 | $2.2M | Reduce -2.5% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.89% | 63,848 | $2.2M | Reduce -1.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.87% | 7,331 | $2.1M | Add +277.5% |
| AAPL Apple Inc. | 0.66% | 6,455 | $1.6M | Reduce -3.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.56% | 15,588 | $1.4M | Reduce -8.1% |
| PEG Public Service Enterprise GP | 0.42% | 12,229 | $1.0M | Add +0.1% |
| AGG iShares Core U.S. Aggregate | 0.41% | 10,352 | $1.0M | Add +20.6% |
| MSFT Microsoft Corp. | 0.37% | 2,134 | $899K | Reduce -1.3% |
| SPAB SS SPDR P Agg Bond ETF | 0.36% | 35,782 | $894K | Reduce -0.4% |
| SCZ iShares MSCI Eafe Small-Cap | 0.35% | 14,118 | $858K | Reduce -3.8% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.33% | 17,709 | $808K | Add +9.3% |
| VWO Vanguard Ftse Emerging Marke | 0.31% | 17,030 | $750K | Reduce -4.5% |
| MCD McDonald's Corp. | 0.29% | 2,460 | $713K | Reduce -0.1% |
| SUB iShares Short-Term National | 0.29% | 6,749 | $712K | Reduce -7.9% |
| IWM iShares Russell 2000 ETF | 0.28% | 3,089 | $683K | No change |
| IVV iShares Core S&P 500 ETF | 0.28% | 1,153 | $679K | Add +3.6% |
| CNOB Connectone Bancorp Inc. | 0.27% | 28,576 | $655K | Add +0.7% |
| VXUS Vanguard Total Intl Stock | 0.27% | 11,110 | $655K | Add +0.3% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.26% | 14,448 | $649K | Reduce -0.5% |
| SAFE Safehold Inc. | 0.26% | 34,478 | $640K | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.25% | 3,679 | $623K | Add +0.5% |
| ORCL Oracle Corp. | 0.23% | 3,435 | $572K | Add +12.3% |
| ICSH iShares Ultra Short Duration | 0.23% | 11,259 | $568K | No change |
| EFA iShares MSCI Eafe ETF | 0.21% | 6,960 | $526K | No change |
| BDX Becton Dickinson and Co. | 0.21% | 2,252 | $511K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.20% | 11,339 | $498K | Reduce -0.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.20% | 9,627 | $492K | Reduce -6.9% |
| MRK Merck & Co. Inc. | 0.20% | 4,833 | $481K | Add +0.3% |
| SPSB SS SPDR P St C Corp. ETF | 0.18% | 15,075 | $450K | Reduce -17.9% |
| VZ Verizon Communications Inc. | 0.17% | 10,448 | $418K | Reduce -14.2% |
| IYW iShares Ustechnology ETF | 0.15% | 2,336 | $373K | No change |
| BMY Bristol-Myers Squibb Co. | 0.14% | 6,120 | $346K | Add +0.7% |
| DHS Wisdomtree US High Dividend | 0.13% | 3,463 | $323K | No change |
| JPM JPMorgan Chase & Co. | 0.13% | 1,287 | $309K | Add +2.6% |
| META Meta Platforms Inc. Class A | 0.12% | 497 | $291K | Add +0.6% |
| VGSH Vanguard Short-Term Treasury | 0.11% | 4,696 | $273K | Reduce -8.1% |
| IWC iShares Micro-Cap ETF | 0.10% | 1,859 | $242K | No change |
| PM Philip Morris International | 0.10% | 1,975 | $238K | Add +1.5% |
| SPEM State Street SP PTF Em ETF | 0.09% | 5,981 | $230K | Reduce -19.8% |
| NVDA Nvidia Corp. | 0.09% | 1,689 | $227K | New |
| PRF Invesco Rafi US 1000 ETF | 0.09% | 5,445 | $220K | No change |
| DSI iShares ESG MSCI KLD 400 ETF | 0.09% | 1,998 | $220K | No change |
| DFAW Dimensional World Eqty ETF | 0.09% | 3,484 | $218K | Reduce -15.6% |
| JNJ Johnson & Johnson | 0.09% | 1,506 | $218K | Add +2.9% |
| RGEN Repligen Corp. | 0.09% | 1,500 | $216K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.08% | 402 | $206K | New |
| STHO Star Holdings filed as STAR HLDGS | 0.05% | 14,151 | $132K | New |
Portfolio Sells Q3 2024 → Q4 2024
| VTIP Vanguard Short-Term Tips | Reduce -43.0% | 2.26% | −2.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -9.4% | 2.20% | −0.32 |
| VYM Vanguard High DVD Yield ETF | Reduce -0.7% | 3.09% | −0.23 |
| IVE iShares S&P 500 Value ETF | Reduce -2.2% | 1.46% | −0.18 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -1.3% | 0.89% | −0.16 |
| RWO State Street SPDR Dow Jones | Sold out | 0.00% | −0.16 |
| MUB iShares National Muni Bond E | Reduce -2.5% | 1.35% | −0.15 |
| T AT&T Inc. | Sold out | 0.00% | −0.13 |
| STIP iShares 0-5 Year Tips Bond E | Sold out | 0.00% | −0.11 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.10 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -1.2% | 1.06% | −0.10 |
| IJR iShares Core S&P Small-Cap E | Reduce -2.5% | 0.89% | −0.09 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -3.8% | 0.35% | −0.08 |
| VZ Verizon Communications Inc. | Reduce -14.2% | 0.17% | −0.07 |
| VWO Vanguard Ftse Emerging Marke | Reduce -4.5% | 0.31% | −0.06 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -17.9% | 0.18% | −0.06 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -8.1% | 0.56% | −0.05 |
| SUB iShares Short-Term National | Reduce -7.9% | 0.29% | −0.05 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -0.4% | 0.36% | −0.04 |
| SPEM State Street SP PTF Em ETF | Reduce -19.8% | 0.09% | −0.04 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -6.9% | 0.20% | −0.04 |
| MSFT Microsoft Corp. | Reduce -1.3% | 0.37% | −0.04 |
| MCD McDonald's Corp. | Reduce -0.1% | 0.29% | −0.03 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.7% | 3.33% | −0.03 |
| DFAW Dimensional World Eqty ETF | Reduce -15.6% | 0.09% | −0.02 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -0.5% | 0.26% | −0.02 |
| VGSH Vanguard Short-Term Treasury | Reduce -8.1% | 0.11% | −0.02 |
| AAPL Apple Inc. | Reduce -3.1% | 0.66% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -0.4% | 1.13% | +0.00 |
| BAC Bank of America Corp. | Reduce -0.2% | 0.20% | +0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| VCRB Vanguard Core Bond ETF | Add +47.0% | 12.21% | +3.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +57.3% | 4.31% | +1.34 |
| VOO Vanguard S&P 500 ETF | New | 0.92% | +0.92 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +7.3% | 10.24% | +0.77 |
| VTI VG Morningstar TS MKT ETF-US | Add +277.5% | 0.87% | +0.64 |
| SAFE Safehold Inc. | New | 0.26% | +0.26 |
| DFEM Dimensional Emrg MRKT Core | Add +19.2% | 2.30% | +0.10 |
| NVDA Nvidia Corp. | New | 0.09% | +0.09 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.08% | +0.08 |
| STHO Star Holdings | New | 0.05% | +0.05 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +6.5% | 1.88% | +0.04 |
| AGG iShares Core U.S. Aggregate | Add +20.6% | 0.41% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +2.6% | 0.13% | +0.01 |
| ORCL Oracle Corp. | Add +12.3% | 0.23% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +0.7% | 0.14% | +0.00 |
| TFI SS SPDR N Ice Muni Bond ETF | Add +9.3% | 0.33% | +0.00 |
| IVV iShares Core S&P 500 ETF | Add +3.6% | 0.28% | −0.00 |
| META Meta Platforms Inc. Class A | Add +0.6% | 0.12% | −0.00 |
| PM Philip Morris International | Add +1.5% | 0.10% | −0.01 |
| JNJ Johnson & Johnson | Add +2.9% | 0.09% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.5% | 0.25% | −0.02 |
| MRK Merck & Co. Inc. | Add +0.3% | 0.20% | −0.04 |
| CNOB Connectone Bancorp Inc. | Add +0.7% | 0.27% | −0.04 |
| VXUS Vanguard Total Intl Stock | Add +0.3% | 0.27% | −0.04 |
| PEG Public Service Enterprise GP | Add +0.1% | 0.42% | −0.05 |
| DFIV Dimensional International Va | Add +8.9% | 1.43% | −0.07 |
| DFIC Dimensional International Co. | Add +12.0% | 2.05% | −0.07 |
| DFIS Dimensional International SM | Add +7.0% | 1.39% | −0.12 |
| SPTS SS SPDR P St Term TSY ETF | Add +2.9% | 3.43% | −0.16 |
| DFLV Dim US Large Cap Value ETF | Add +6.7% | 7.57% | −0.16 |
| UPS United Parcel Service Class B | Add +0.1% | 1.18% | −0.17 |
| SPTI SS SPDR P Int Term TSY ETF | Add +5.5% | 3.77% | −0.18 |
| XOM Exxon Mobil Corp. | Add +0.8% | 1.47% | −0.22 |
| DFGR Dim Global Real Estate ETF | Add +7.2% | 2.09% | −0.25 |
| RLY SS Multi-Asset Real Ret ETF | Add +2.5% | 2.85% | −0.29 |
| DFAS Dimensional US Small Cap ETF | Add +1.3% | 7.51% | −0.34 |
| VEA Vanguard Ftse Developed ETF | Add +5.3% | 5.05% | −0.57 |
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 |