Tull Financial Group, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 20, 2025), Tull Financial Group, Inc. reported 35 stock positions worth $219.8 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 21.7% of the portfolio, followed by Vanguard Core Bond ETF (VCRB, 16.2%) and JPMorgan US Quality Factor (JQUA, 15.9%). Compared with Q1 2025, it opened 9 new positions, sold out of 1, added to 18 and reduced 5. The biggest buy was Vanguard Core Bond ETF (VCRB, shares +118%) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- CHESAPEAKE, VA
- CIK
- 0001769060
- Portfolio Value
- $219.8M (Q2 2025)
- SEC Filing
- 0001769060-25-000005 ↗ filed Aug 20, 2025
Holdings Value
Holdings 35 stocks · $219.8M
| SPYM Ste STR SPDR PT S&P 500 ETF | 21.69% | 656,054 | $47.7M | Add +8.6% |
| VCRB Vanguard Core Bond ETF | 16.23% | 459,913 | $35.7M | Add +118.1% |
| JQUA JPMorgan US Quality Factor | 15.91% | 582,403 | $35.0M | Add +8.8% |
| IEFA iShares Core MSCI Eafe ETF | 12.14% | 319,597 | $26.7M | Add +5.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 10.99% | 39,097 | $24.2M | Reduce -0.2% |
| VYMI Vanguard Int High DVD YLD Inc. | 6.19% | 169,725 | $13.6M | Add +3.6% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 5.14% | 207,352 | $11.3M | Add +43.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 3.08% | 137,996 | $6.8M | New |
| VWO Vanguard Ftse Emerging Marke | 2.15% | 95,551 | $4.7M | Add +9.2% |
| SCHD Schwab US DVD Equity ETF | 1.31% | 108,313 | $2.9M | Reduce -59.0% |
| IWF iShares Russell 1000 Growth | 0.53% | 2,723 | $1.2M | Add +13.8% |
| NVDA Nvidia Corp. | 0.47% | 6,555 | $1.0M | Add +12.9% |
| MSFT Microsoft Corp. | 0.42% | 1,846 | $918K | Add +15.4% |
| NSC Norfolk Southern Corp. | 0.41% | 3,504 | $897K | Add +0.0% |
| VOO Vanguard S&P 500 ETF | 0.36% | 1,410 | $801K | Reduce -29.2% |
| AAPL Apple Inc. | 0.27% | 2,872 | $589K | Reduce -0.1% |
| MUB iShares National Muni Bond E | 0.26% | 5,446 | $569K | New |
| TSLA Tesla Inc. | 0.23% | 1,569 | $498K | Add +5.5% |
| AMZN Amazon.com Inc. | 0.22% | 2,160 | $474K | Add +11.9% |
| IXN iShares Global Tech ETF | 0.20% | 4,668 | $431K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 887 | $431K | Add +0.6% |
| VEA Vanguard Ftse Developed ETF | 0.15% | 5,832 | $332K | Add +2.0% |
| IEF iShares 7-10 Year Treasury B | 0.15% | 3,469 | $332K | New |
| SCHG Schwab US Large-Cap Growth | 0.14% | 10,391 | $304K | New |
| TOWN Towne Bank | 0.14% | 8,807 | $301K | Add +0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.14% | 979 | $297K | Add +3.6% |
| PG The Procter & Gamble Co. | 0.13% | 1,807 | $288K | Add +2.5% |
| D Dominion Energy Inc. | 0.13% | 4,907 | $277K | New |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.11% | 562 | $248K | No change |
| META Meta Platforms Inc. Class A | 0.11% | 321 | $237K | New |
| IWD iShares Russell 1000 Value E | 0.10% | 1,174 | $228K | New |
| VOOV Vanguard S&P 500 Value ETF | 0.10% | 1,174 | $222K | Reduce -79.8% |
| XLK SS Technology Select Sector | 0.10% | 837 | $212K | New |
| ORCL Oracle Corp. | 0.09% | 945 | $207K | New |
| WBA Walgreens Boots Alliance Inc. | 0.05% | 10,000 | $115K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| SCHD Schwab US DVD Equity ETF | Reduce -59.0% | 1.31% | −2.99 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.2% | 10.99% | −1.77 |
| VCIT Vanguard Int-Term Corporate | Sold out | 0.00% | −0.83 |
| VOOV Vanguard S&P 500 Value ETF | Reduce -79.8% | 0.10% | −0.52 |
| VOO Vanguard S&P 500 ETF | Reduce -29.2% | 0.36% | −0.23 |
| AAPL Apple Inc. | Reduce -0.1% | 0.27% | −0.10 |
Portfolio Buys Q1 2025 → Q2 2025
| VCRB Vanguard Core Bond ETF | Add +118.1% | 16.23% | +6.72 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 3.08% | +3.08 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +43.6% | 5.14% | +1.04 |
| MUB iShares National Muni Bond E | New | 0.26% | +0.26 |
| IEF iShares 7-10 Year Treasury B | New | 0.15% | +0.15 |
| SCHG Schwab US Large-Cap Growth | New | 0.14% | +0.14 |
| D Dominion Energy Inc. | New | 0.13% | +0.13 |
| META Meta Platforms Inc. Class A | New | 0.11% | +0.11 |
| NVDA Nvidia Corp. | Add +12.9% | 0.47% | +0.10 |
| IWD iShares Russell 1000 Value E | New | 0.10% | +0.10 |
| XLK SS Technology Select Sector | New | 0.10% | +0.10 |
| ORCL Oracle Corp. | New | 0.09% | +0.09 |
| MSFT Microsoft Corp. | Add +15.4% | 0.42% | +0.07 |
| IWF iShares Russell 1000 Growth | Add +13.8% | 0.53% | +0.02 |
| TSLA Tesla Inc. | Add +5.5% | 0.23% | +0.00 |
| AMZN Amazon.com Inc. | Add +11.9% | 0.22% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.6% | 0.14% | −0.02 |
| VEA Vanguard Ftse Developed ETF | Add +2.0% | 0.15% | −0.02 |
| TOWN Towne Bank | Add +0.1% | 0.14% | −0.04 |
| PG The Procter & Gamble Co. | Add +2.5% | 0.13% | −0.04 |
| NSC Norfolk Southern Corp. | Add +0.0% | 0.41% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.6% | 0.20% | −0.08 |
| VWO Vanguard Ftse Emerging Marke | Add +9.2% | 2.15% | −0.16 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +3.6% | 6.19% | −0.84 |
| IEFA iShares Core MSCI Eafe ETF | Add +5.7% | 12.14% | −1.19 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +8.6% | 21.69% | −1.45 |
| JQUA JPMorgan US Quality Factor | Add +8.8% | 15.91% | −1.70 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 35 | $255.5M | SPYM, VCRB, IEFA, SPY, DYNF |
| Q1 2026 | 31 | $224.0M | SPYM, VCRB, IEFA, SPY, DYNF |
| Q4 2025 | 32 | $233.5M | SPYM, JQUA, VCRB, IEFA, SPY |
| Q3 2025 | 31 | $226.5M | SPYM, JQUA, VCRB, IEFA, SPY |
| Q2 2025 | 35 | $219.8M | SPYM, VCRB, JQUA, IEFA, SPY |
| Q1 2025 | 27 | $171.7M | SPYM, JQUA, IEFA, SPY, VCRB |
| Q4 2024 | 28 | $165.8M | SPY, JQUA, IEFA, SPYM, VCRB |
| Q3 2024 | 26 | $164.5M | SPY, IEFA, JQUA, SCHD, VCRB |