# TIFF ADVISORY SERVICES, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1271347. Source: https://holderbook.com/funds/1271347-tiff-advisory-services-llc/

- Reported value: $407.9M
- Positions: 19
- Weight of the ten largest: 89.6%
- Filed: 2026-07-29

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $94.4M | 601,770 | 23.2% | 16 |
| INVESCO EXCH TRADED FD TR II | [KBWB](https://holderbook.com/stocks/KBWB/) | $47.6M | 511,729 | 11.7% | 2 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $45.5M | 847,790 | 11.1% | 31 |
| VANGUARD SCOTTSDALE FDS | [VGLT](https://holderbook.com/stocks/VGLT/) | $41.3M | 748,527 | 10.1% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $39.9M | 137,967 | 9.8% | 9 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $28.8M | 41,878 | 7.1% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $21.2M | 105,842 | 5.2% | 9 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $16.0M | 217,686 | 3.9% | 3 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $15.7M | 143,968 | 3.8% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $15.0M | 42,473 | 3.7% | 3 |
| PERMIAN RESOURCES CORP | [PR](https://holderbook.com/stocks/PR/) | $13.4M | 727,783 | 3.3% | 9 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $12.0M | 143,115 | 2.9% | 2 |
| SPDR SERIES TRUST | [SPYX](https://holderbook.com/stocks/SPYX/) | $5.4M | 88,365 | 1.3% | 4 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $3.0M | 50,755 | 0.7% | 9 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $2.7M | 44,398 | 0.6% | 2 |
| SPDR INDEX SHS FDS | [EFAX](https://holderbook.com/stocks/EFAX/) | $1.8M | 33,093 | 0.4% | 4 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $1.7M | 32,671 | 0.4% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.7M | 4,540 | 0.4% | 9 |
| SPDR INDEX SHS FDS | [EEMX](https://holderbook.com/stocks/EEMX/) | $890.3K | 16,442 | 0.2% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +9.4% | +14.8% | -5.4% | 100% |
| Q1 2026 | -5.3% | -4.6% | -0.6% | 100% |
| Q4 2025 | +2.5% | +2.4% | +0.1% | 100% |
| Q3 2025 | +9.4% | +7.8% | +1.6% | 100% |
| Q2 2025 | +10.8% | +10.5% | +0.4% | 100% |
| Q1 2025 | -4.1% | -4.6% | +0.4% | 100% |
| Q4 2024 | +2.1% | +2.1% | -0.1% | 100% |
| Q3 2024 | +3.3% | +5.4% | -2.1% | 101% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $407.9M | 19 |
| Q1 2026 | $443.8M | 25 |
| Q4 2025 | $581.0M | 24 |
| Q3 2025 | $480.3M | 22 |
| Q2 2025 | $422.2M | 18 |
| Q1 2025 | $420.1M | 18 |
| Q4 2024 | $306.8M | 18 |
| Q3 2024 | $300.8M | 19 |
| Q2 2024 | $290.0M | 25 |
| Q1 2024 | $229.2M | 21 |
| Q4 2023 | $211.1M | 25 |
| Q3 2023 | $121.0M | 20 |