TPG Advisors LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 24, 2025), TPG Advisors LLC reported 90 stock positions worth $126.9 million. Its top holding was Schwab US Broad Market ETF (SCHB) at 8.8% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 7.6%) and VG Morningstar TS MKT ETF-US (VTI, 6.6%). Compared with Q4 2024, it opened 8 new positions, sold out of 6, added to 33 and reduced 28. The biggest buy was a new position in Vanguard Short-Term Tips (VTIP) and the biggest sale Vanguard Total Bond Market (BND, shares −66%).

Most Recent 13F
Q2 2026
Location
NORTHFIELD, IL
CIK
0002033388
Portfolio Value
$126.9M (Q1 2025)
SEC Filing
0002058267-25-000004 ↗ filed Apr 24, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q2 2024: $117.4M Q2 2024 Q3 2024: $127.9M Q3 2024 Q4 2024: $128.0M Q4 2024 Q1 2025: $126.9M $126.9M Q1 2025 Q2 2025: $138.3M Q2 2025 Q3 2025: $152.0M Q3 2025 Q4 2025: $160.7M Q4 2025 Q1 2026: $160.5M Q1 2026 Q2 2026: $182.2M Q2 2026

Holdings 90 stocks · $126.9M
SCHB Schwab US Broad Market ETF 8.80% 518,282 $11.2M Add +5.0%
SCHF Schwab Intl Equity ETF 7.57% 485,647 $9.6M Add +0.6%
VTI VG Morningstar TS MKT ETF-US 6.64% 30,641 $8.4M Add +0.6%
MOAT Vaneck Morningstar Wide Moat 6.12% 88,183 $7.8M Reduce -1.3%
SCHZ Schwab US Aggregate Bond ETF 4.89% 267,724 $6.2M Reduce -5.0%
AGG iShares Core U.S. Aggregate 4.79% 61,442 $6.1M Add +8.8%
VEA Vanguard Ftse Developed ETF 4.13% 103,053 $5.2M Add +0.1%
AAPL Apple Inc. 4.00% 22,860 $5.1M Reduce -1.6%
TDVG T Rowe Price Dividend Growth 2.94% 92,358 $3.7M Add +2.6%
SCHD Schwab US DVD Equity ETF 2.58% 116,956 $3.3M Reduce -1.6%
MSFT Microsoft Corp. 2.41% 8,156 $3.1M Add +0.6%
VTEB Vanguard Tax-Exempt Bond ETF 2.19% 56,116 $2.8M Add +2.7%
IJR iShares Core S&P Small-Cap E 2.15% 26,102 $2.7M Add +2.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.97% 4,465 $2.5M Add +0.3%
USMV iShares MSCI USA Min Vol Fac 1.74% 23,517 $2.2M Add +0.8%
SCHE Schwab Emrg Mrkts Eqty ETF 1.50% 69,066 $1.9M Add +7.0%
EOI Eaton Vance Enhanced Eq Incm 1.45% 98,242 $1.8M Add +0.9%
XBXMX Nuveen S&P 500 Buy-WR Inc. 1.44% 139,397 $1.8M Reduce -1.9%
MUB iShares National Muni Bond E 1.44% 17,331 $1.8M Reduce -13.8%
SMOT Vaneck Morningstar Smid Moat 1.43% 55,346 $1.8M Add +16.2%
EFAV iShares MSCI Eafe Min Vol Fa 1.35% 22,022 $1.7M Reduce -18.1%
VIG Vanguard Dividend Apprec ETF 1.35% 8,844 $1.7M Reduce -1.6%
IAU iShares Gold Trust 1.34% 28,897 $1.7M Add +3.1%
AMZN Amazon.com Inc. 1.32% 8,805 $1.7M Add +1.0%
IHI iShares U.S. Medical Devices 1.17% 24,613 $1.5M Reduce -0.4%
BRK.B Berkshire Hathaway Inc. Class B 1.04% 2,489 $1.3M No change
SPLV Invesco S&P 500 Low Volatili 1.04% 17,654 $1.3M Reduce -3.4%
CIBR First Trust Nasdaq Cybersecu 0.97% 19,553 $1.2M Add +1.3%
COST Costco Wholesale Corp. 0.88% 1,177 $1.1M No change
JPM JPMorgan Chase & Co. 0.86% 4,428 $1.1M Add +0.1%
SCHA Schwab US Small-Cap ETF 0.85% 46,110 $1.1M Reduce -3.4%
VNQ Vanguard Real Estate ETF 0.75% 10,521 $953K Add +1.6%
EEMV iShares MSCI Emg MKT Min Vol 0.74% 16,054 $937K Reduce -0.7%
VTIP Vanguard Short-Term Tips 0.61% 15,456 $771K New
CII BlackRock Enhan LRG Cap Core 0.52% 35,932 $664K Add +15.9%
NVDA Nvidia Corp. 0.52% 6,077 $659K Reduce -3.5%
SCHM Schwab US Mid Cap ETF 0.49% 23,927 $627K Reduce -1.2%
QQQH Neos NDQ-100 HG Eq Inc. ETF 0.48% 12,495 $610K Reduce -9.8%
IVV iShares Core S&P 500 ETF 0.48% 1,082 $608K Reduce -3.5%
WMT Walmart Inc. 0.45% 6,530 $573K Add +0.0%
BND Vanguard Total Bond Market 0.42% 7,337 $539K Reduce -66.0%
GOOGL Alphabet Inc. Class A 0.38% 3,110 $481K No change
HD Home Depot Inc. 0.37% 1,297 $475K Add +0.1%
LLY Eli Lilly & Co. 0.36% 560 $463K Reduce -6.7%
GOOG Alphabet Inc. Class C 0.36% 2,940 $459K Add +2.1%
IYJ iShares U.S. Industrials ETF 0.36% 3,498 $455K No change
META Meta Platforms Inc. Class A 0.36% 787 $454K No change
QQQ Invesco QQQ Trust Series 1 0.35% 955 $448K Add +18.5%
RSP Invesco S&P 500 Equal Weight 0.35% 2,579 $447K New
ABBV Abbvie Inc. 0.35% 2,131 $446K No change
VYMI Vanguard Int High DVD YLD Inc. 0.35% 5,967 $440K New
CGW Invesco S&P Global Water Ind 0.31% 7,164 $399K Add +4.2%
VTEC Vanguard Ca Tax-Ex Bond 0.31% 4,006 $394K No change
SCHX Schwab US Large-Cap ETF 0.31% 17,815 $393K Add +0.1%
IXUS iShares Core Intl Stock ETF 0.31% 5,613 $392K Reduce -2.0%
MCD McDonald's Corp. 0.29% 1,197 $374K No change
ACWX iShares MSCI Acwi Ex US ETF 0.29% 6,592 $366K New
GLD SPDR Gold Shares 0.29% 1,258 $362K Reduce -19.3%
VWO Vanguard Ftse Emerging Marke 0.28% 7,956 $360K No change
IBMN iShares Ibonds Dec 2025 Term 0.28% 13,204 $353K Reduce -17.8%
SCHG Schwab US Large-Cap Growth 0.28% 14,075 $352K Add +2.4%
PTY PIMCO Corporate & Income Opp 0.26% 22,671 $328K Add +14.1%
IYH iShares U.S. Healthcare ETF 0.26% 5,375 $327K No change
IGM iShares Expanded Tech Sector 0.25% 3,435 $311K Reduce -0.5%
O Realty Income Corp. 0.24% 5,347 $310K Add +0.3%
IBMP iShares Ibonds Dec 2027 Term 0.24% 12,054 $305K No change
SHY iShares 1-3 Year Treasury Bo 0.24% 3,607 $298K No change
IVW iShares S&P 500 Growth ETF 0.22% 3,044 $283K No change
GDXJ Vaneck Junior Gold Miners 0.22% 4,898 $280K No change
EFA iShares MSCI Eafe ETF 0.21% 3,185 $260K Add +10.3%
PFF iShares Preferred & Income S 0.21% 8,466 $260K Add +8.2%
JNJ Johnson & Johnson 0.20% 1,568 $260K Reduce -3.7%
IWR iShares Russell Mid-Cap ETF 0.20% 3,020 $257K No change
PM Philip Morris International 0.20% 1,614 $256K New
VB Vanguard Most SM-Cap ETF-Usd 0.20% 1,155 $256K Reduce -6.1%
VZ Verizon Communications Inc. 0.20% 5,645 $256K Reduce -11.7%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.20% 1,336 $249K Add +1.0%
TOUS T Rowe PRC International Eq 0.18% 8,017 $234K New
IBMO iShares Ibonds Dec 2026 Term 0.18% 9,094 $232K Reduce -24.8%
IBMQ iShares Ibonds Dec 2028 Muni 0.18% 9,143 $231K No change
VXUS Vanguard Total Intl Stock 0.18% 3,706 $230K No change
IDU iShares US Utilities ETF 0.18% 2,245 $228K No change
PDI PIMCO Dynamic Income Fund 0.18% 11,474 $227K No change
IWF iShares Russell 1000 Growth 0.17% 610 $220K No change
SCHP Schwab U.S. Tips ETF 0.17% 8,022 $216K Reduce -7.2%
PG The Procter & Gamble Co. 0.17% 1,240 $211K Add +0.2%
STM Stmicroelectronics NV-NY SHS 0.17% 9,603 $211K No change
SCHO Schwab Short-Term US Treas 0.16% 8,497 $207K Reduce -15.4%
VKI Invesco Adv Muni Inc. TR II 0.07% 10,282 $88K New
PML PIMCO Municipal Income FD II 0.07% 10,787 $87K New

Portfolio Sells Q4 2024 → Q1 2025
BND Vanguard Total Bond Market Reduce -66.0% 0.42% −0.79
AAPL Apple Inc. Reduce -1.6% 4.00% −0.54
MOAT Vaneck Morningstar Wide Moat Reduce -1.3% 6.12% −0.35
MUB iShares National Muni Bond E Reduce -13.8% 1.44% −0.23
ICLN iShares Global Clean Energy Sold out 0.00% −0.21
LMT Lockheed Martin Corp. Sold out 0.00% −0.18
ORCL Oracle Corp. Sold out 0.00% −0.18
T AT&T Inc. Sold out 0.00% −0.18
AVGO Broadcom Inc. Sold out 0.00% −0.17
IRM Iron Mountain Inc. Sold out 0.00% −0.16
NVDA Nvidia Corp. Reduce -3.5% 0.52% −0.14
EFAV iShares MSCI Eafe Min Vol Fa Reduce -18.1% 1.35% −0.13
SCHA Schwab US Small-Cap ETF Reduce -3.4% 0.85% −0.11
SCHZ Schwab US Aggregate Bond ETF Reduce -5.0% 4.89% −0.11
XBXMX Nuveen S&P 500 Buy-WR Inc. Reduce -1.9% 1.44% −0.11
QQQH Neos NDQ-100 HG Eq Inc. ETF Reduce -9.8% 0.48% −0.08
IBMO iShares Ibonds Dec 2026 Term Reduce -24.8% 0.18% −0.06
IBMN iShares Ibonds Dec 2025 Term Reduce -17.8% 0.28% −0.06
IVV iShares Core S&P 500 ETF Reduce -3.5% 0.48% −0.04
SCHM Schwab US Mid Cap ETF Reduce -1.2% 0.49% −0.03
IGM iShares Expanded Tech Sector Reduce -0.5% 0.25% −0.03
VB Vanguard Most SM-Cap ETF-Usd Reduce -6.1% 0.20% −0.03
SCHO Schwab Short-Term US Treas Reduce -15.4% 0.16% −0.03
VIG Vanguard Dividend Apprec ETF Reduce -1.6% 1.35% −0.02
GLD SPDR Gold Shares Reduce -19.3% 0.29% −0.01
SCHP Schwab U.S. Tips ETF Reduce -7.2% 0.17% −0.00
VZ Verizon Communications Inc. Reduce -11.7% 0.20% +0.00
LLY Eli Lilly & Co. Reduce -6.7% 0.36% +0.00
EEMV iShares MSCI Emg MKT Min Vol Reduce -0.7% 0.74% +0.01
IXUS iShares Core Intl Stock ETF Reduce -2.0% 0.31% +0.01
JNJ Johnson & Johnson Reduce -3.7% 0.20% +0.02
SPLV Invesco S&P 500 Low Volatili Reduce -3.4% 1.04% +0.04
IHI iShares U.S. Medical Devices Reduce -0.4% 1.17% +0.04
SCHD Schwab US DVD Equity ETF Reduce -1.6% 2.58% +0.04

Portfolio Buys Q4 2024 → Q1 2025
VTIP Vanguard Short-Term Tips New 0.61% +0.61
SCHF Schwab Intl Equity ETF Add +0.6% 7.57% +0.60
AGG iShares Core U.S. Aggregate Add +8.8% 4.79% +0.52
RSP Invesco S&P 500 Equal Weight New 0.35% +0.35
VYMI Vanguard Int High DVD YLD Inc. New 0.35% +0.35
ACWX iShares MSCI Acwi Ex US ETF New 0.29% +0.29
VEA Vanguard Ftse Developed ETF Add +0.1% 4.13% +0.28
IAU iShares Gold Trust Add +3.1% 1.34% +0.26
PM Philip Morris International New 0.20% +0.20
TOUS T Rowe PRC International Eq New 0.18% +0.18
TDVG T Rowe Price Dividend Growth Add +2.6% 2.94% +0.16
SCHE Schwab Emrg Mrkts Eqty ETF Add +7.0% 1.50% +0.16
SMOT Vaneck Morningstar Smid Moat Add +16.2% 1.43% +0.15
USMV iShares MSCI USA Min Vol Fac Add +0.8% 1.74% +0.12
VKI Invesco Adv Muni Inc. TR II New 0.07% +0.07
PML PIMCO Municipal Income FD II New 0.07% +0.07
VTEB Vanguard Tax-Exempt Bond ETF Add +2.7% 2.19% +0.06
SCHB Schwab US Broad Market ETF Add +5.0% 8.80% +0.05
CII BlackRock Enhan LRG Cap Core Add +15.9% 0.52% +0.04
PTY PIMCO Corporate & Income Opp Add +14.1% 0.26% +0.04
EFA iShares MSCI Eafe ETF Add +10.3% 0.21% +0.03
QQQ Invesco QQQ Trust Series 1 Add +18.5% 0.35% +0.03
VNQ Vanguard Real Estate ETF Add +1.6% 0.75% +0.03
JPM JPMorgan Chase & Co. Add +0.1% 0.86% +0.03
CGW Invesco S&P Global Water Ind Add +4.2% 0.31% +0.02
O Realty Income Corp. Add +0.3% 0.24% +0.02
CIBR First Trust Nasdaq Cybersecu Add +1.3% 0.97% +0.01
PFF iShares Preferred & Income S Add +8.2% 0.21% +0.01
PG The Procter & Gamble Co. Add +0.2% 0.17% +0.00
VBR Vngrd Mrngst SL-CP Val ETF-U Add +1.0% 0.20% −0.01
WMT Walmart Inc. Add +0.0% 0.45% −0.01
SCHX Schwab US Large-Cap ETF Add +0.1% 0.31% −0.01
HD Home Depot Inc. Add +0.1% 0.37% −0.02
SCHG Schwab US Large-Cap Growth Add +2.4% 0.28% −0.02
GOOG Alphabet Inc. Class C Add +2.1% 0.36% −0.07
SPY SS SPDR S&P 500 ETF Trust-US Add +0.3% 1.97% −0.07
EOI Eaton Vance Enhanced Eq Incm Add +0.9% 1.45% −0.13
IJR iShares Core S&P Small-Cap E Add +2.0% 2.15% −0.15
AMZN Amazon.com Inc. Add +1.0% 1.32% −0.17
MSFT Microsoft Corp. Add +0.6% 2.41% −0.26
VTI VG Morningstar TS MKT ETF-US Add +0.6% 6.64% −0.26

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 115$182.2MSCHF, SCHB, VTI, AGG, VEA
Q1 2026 109$160.5MSCHF, SCHB, VTI, AGG, MOAT
Q4 2025 108$160.7MSCHB, SCHF, VTI, MOAT, AGG
Q3 2025 103$152.0MSCHB, SCHF, VTI, MOAT, AGG
Q2 2025 97$138.3MSCHB, SCHF, VTI, MOAT, AGG
Q1 2025 90$126.9MSCHB, SCHF, VTI, MOAT, SCHZ
Q4 2024 88$128.0MSCHB, SCHF, VTI, MOAT, SCHZ
Q3 2024 89$127.9MSCHB, SCHF, MOAT, VTI, SCHZ
Q2 2024 84$117.4MSCHB, SCHF, VTI, MOAT, SCHZ