Tilson Financial Group, Inc.
Reported holdings as of Q2 2026, from 15 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| VANGUARD MALVERN FDS | VCRB | $45.2M | 585,536 | -0.56pp | 8q | +4.6%+$2.0M | |
| VANGUARD INDEX FDS | VUG | $39.4M | 457,942 | +1.36pp | 8q | +532.4%+$33.2M | |
| DIMENSIONAL ETF TRUST | DFLV | $31.2M | 788,526 | +0.20pp | 13q | +0.9%+$283.9K | |
| DIMENSIONAL ETF TRUST | DFAS | $25.9M | 314,786 | +0.54pp | 15q | +1.9%+$485.8K | |
| MORGAN STANLEY ETF TRUST | EVSD | $17.2M | 338,935 | -0.32pp | 5q | +2.3%+$391.3K | |
| VANGUARD TAX-MANAGED FDS | VEA | $11.9M | 167,379 | +0.17pp | 8q | +3.5%+$403.1K | |
| SPDR SERIES TRUST | SPTI | $11.7M | 413,267 | -0.18pp | 11q | +4.4%+$490.2K | |
| DIMENSIONAL ETF TRUST | DFEM | $11.6M | 285,169 | +0.31pp | 15q | +2.7%+$303.0K | |
| ISHARES TR | IVW | $11.2M | 81,285 | +0.31pp | 8q | HELD | |
| SPDR SERIES TRUST | SPTS | $10.1M | 347,656 | -0.19pp | 15q | +2.7%+$268.3K | |
| VANGUARD WHITEHALL FDS | VYM | $9.9M | 62,351 | -0.05pp | 8q | HELD | |
| SSGA ACTIVE ETF TR | RLY | $9.8M | 284,741 | -0.41pp | 15q | -0.7%-$70.3K | |
| MORGAN STANLEY ETF TRUST | EVSM | $9.1M | 180,493 | -0.20pp | 4q | +0.7%+$59.4K | |
| DIMENSIONAL ETF TRUST | DFGR | $7.4M | 256,643 | +0.10pp | 13q | +5.1%+$360.6K | |
| ISHARES TR | MUB | $7.0M | 65,028 | -0.14pp | 8q | HELD | |
| SPDR SERIES TRUST | SPYM | $6.7M | 76,306 | +0.18pp | 10q | +5.2%+$329.8K | |
| VANGUARD MUN BD FDS | VCRM | $6.7M | 87,581 | +0.18pp | 3q | +18.7%+$1.1M | |
| VANGUARD MALVERN FDS | VTIP | $6.7M | 132,472 | -0.11pp | 8q | +2.5%+$161.7K | |
| DIMENSIONAL ETF TRUST | DFIC | $6.2M | 166,782 | -0.10pp | 13q | -1.9%-$123.0K | |
| ISHARES TR | IVE | $6.2M | 27,101 | -0.02pp | 8q | HELD | |
| STATE STR SPDR S&P 500 ETF T | SPY | $6.1M | 8,157 | +0.11pp | 15q | +1.8%+$109.8K | |
| DIMENSIONAL ETF TRUST | DFIV | $5.7M | 106,198 | -0.03pp | 15q | +4.7%+$256.9K | |
| DIMENSIONAL ETF TRUST | DFIS | $5.7M | 163,392 | +0.01pp | 15q | +5.2%+$283.7K | |
| VANGUARD MUN BD FDS | VTEB | $5.1M | 100,166 | -0.15pp | 8q | -2.8%-$145.1K | |
| ISHARES TR | IJR | $4.0M | 26,881 | +0.09pp | 8q | -0.5%-$21.7K | |
| ISHARES TR | IWF | $3.4M | 27,440 | +0.06pp | 8q | +300.2%+$2.6M | |
| SPDR SERIES TRUST | SHM | $2.7M | 55,746 | -0.07pp | 15q | -0.8%-$21.5K | |
| SPDR INDEX SHS FDS | SPDW | $2.6M | 51,159 | +0.01pp | 15q | HELD | |
| APPLE INC | AAPL | $2.5M | 8,720 | +0.02pp | 12q | -1.6%-$42.2K | |
| UNITED PARCEL SVCS INC | UPS | $2.5M | 23,021 | +0.01pp | 8q | +0.7%+$16.1K | |
| SPDR SERIES TRUST | SPYG | $1.4M | 11,631 | +0.04pp | 15q | HELD | |
| VANGUARD STAR FDS | VXUS | $1.3M | 15,628 | +0.01pp | 8q | HELD | |
| PUBLIC SVC ENTERPRISE GROUP | PEG | $1.2M | 14,977 | -0.02pp | 8q | +3.1%+$36.7K | |
| JPMORGAN CHASE & CO | JPM | $1.2M | 3,570 | +0.01pp | 11q | HELD | |
| SPDR SERIES TRUST | TFI | $1.2M | 25,239 | -0.01pp | 10q | +3.9%+$42.9K | |
| ISHARES TR | SCZ | $1.0M | 12,534 | -0.02pp | 8q | -1.8%-$18.9K | |
| MICROSOFT CORP | MSFT | $1.0M | 2,750 | -0.03pp | 8q | -2.1%-$22.4K | |
| CONNECTONE BANCORP INC | CNOB | $996.8K | 29,810 | +0.04pp | 15q | +0.7%+$6.5K | |
| ISHARES TR | IVV | $947.0K | 1,265 | +0.01pp | 8q | +0.7%+$6.7K | |
| ALPHABET INC | GOOGL | $882.5K | 2,470 | +0.04pp | 3q | +3.3%+$28.6K | |
| VANGUARD INTL EQUITY INDEX F | VWO | $872.1K | 14,611 | flat | 8q | -1.2%-$10.3K | |
| ISHARES TR | IWM | $863.8K | 2,875 | +0.02pp | 8q | HELD | |
| LAM RESEARCH CORP | LRCX | $840.7K | 1,940 | +0.08pp | 5q | -16.6%-$166.8K | |
| SPDR SERIES TRUST | SPAB | $761.1K | 29,824 | -0.02pp | 15q | +0.5%+$4.1K | |
| BERKSHIRE HATHAWAY INC DEL | BRKA | $748.9K | 1 | -0.01pp | 3q | HELD | |
| SPDR SERIES TRUST | SPSM | $741.0K | 12,850 | +0.02pp | 15q | -1.3%-$9.5K | |
| VANGUARD INDEX FDS | VTV | $733.9K | 3,367 | flat | 8q | -0.8%-$5.9K | |
| MCDONALDS CORP | MCD | $687.9K | 2,545 | -0.04pp | 8q | +3.3%+$21.9K | |
| VANGUARD INDEX FDS | VTI | $686.4K | 1,855 | +0.01pp | 8q | +0.5%+$3.7K | |
| BANK OF AMER CORP | BAC | $664.3K | 11,658 | +0.01pp | 12q | HELD | |
| ISHARES TR | EFA | $661.7K | 6,370 | flat | 8q | +1.1%+$7.3K | |
| ISHARES TR | SUB | $599.6K | 5,632 | -0.01pp | 8q | +0.6%+$3.4K | |
| ISHARES TR | IYW | $589.8K | 2,338 | +0.03pp | 8q | HELD | |
| ISHARES TR | ICSH | $589.3K | 11,652 | -0.01pp | 15q | HELD | |
| ISHARES TR | AGG | $581.2K | 5,872 | -0.02pp | 8q | HELD | |
| DIMENSIONAL ETF TRUST | DFAW | $560.4K | 6,768 | +0.01pp | 9q | +6.8%+$35.6K | |
| MICRON TECHNOLOGY INC | MU | $504.2K | 437 | - | new | NEW | |
| ORACLE CORP | ORCL | $503.4K | 3,435 | -0.01pp | 15q | HELD | |
| SPDR SERIES TRUST | SPYV | $486.4K | 8,002 | flat | 15q | HELD | |
| VERIZON COMMUNICATIONS INC | VZ | $456.2K | 10,775 | -0.03pp | 11q | +5.2%+$22.7K | |
| NVIDIA CORPORATION | NVDA | $450.6K | 2,252 | +0.02pp | 5q | +15.7%+$61.0K | |
| CONSOLIDATED EDISON INC | ED | $442.5K | 4,000 | - | new | NEW | |
| WISDOMTREE TR | DHS | $409.4K | 3,602 | flat | 15q | +0.8%+$3.4K | |
| BLACKROCK ETF TRUST II | MBBA | $405.9K | 8,156 | -0.01pp | 2q | +1.2%+$4.9K | |
| JOHNSON & JOHNSON | JNJ | $395.1K | 1,556 | -0.01pp | 8q | HELD | |
| MERCK & CO INC | MRK | $388.1K | 3,020 | flat | 15q | +3.0%+$11.4K | |
| PHILIP MORRIS INTL INC | PM | $355.9K | 1,967 | +0.01pp | 8q | +6.7%+$22.3K | |
| BRISTOL-MYERS SQUIBB CO | BMY | $338.1K | 5,868 | -0.02pp | 8q | -9.0%-$33.5K | |
| SPDR INDEX SHS FDS | RWO | $321.5K | 6,467 | -0.01pp | 5q | -8.0%-$28.1K | |
| ISHARES TR | IWC | $319.1K | 1,595 | flat | 8q | -14.8%-$55.6K | |
| BROADCOM INC | AVGO | $313.2K | 829 | - | new | NEW | |
| INVESCO QQQ TR | QQQ | $301.6K | 410 | +0.01pp | 5q | HELD | |
| INVESCO EXCHANGE TRADED FD T | PRF | $299.0K | 5,535 | flat | 10q | HELD | |
| INTERDIGITAL INC | IDCC | $285.3K | 1,008 | -0.01pp | 6q | HELD | |
| ISHARES TR | DSI | $284.5K | 1,998 | +0.01pp | 8q | HELD | |
| SCHWAB CHARLES CORP | SCHW | $284.5K | 3,083 | -0.01pp | 5q | HELD | |
| BECTON DICKINSON & CO | BDX | $273.5K | 1,807 | -0.01pp | 12q | HELD | |
| SPDR INDEX SHS FDS | SPEM | $260.5K | 5,032 | flat | 15q | +1.0%+$2.7K | |
| CAPITAL GROUP GROWTH ETF | CGGR | $259.6K | 5,501 | - | new | NEW | |
| ISHARES TR | IWD | $247.0K | 1,019 | flat | 4q | HELD | |
| META PLATFORMS INC | META | $231.1K | 410 | flat | 10q | +4.9%+$10.7K | |
| VANGUARD INDEX FDS | VOO | $229.7K | 335 | - | new | NEW | |
| PROCTER & GAMBLE CO | PG | $222.9K | 1,520 | flat | 6q | +0.7%+$1.5K | |
| ISHARES TR | EEM | $211.9K | 3,098 | - | new | NEW | |
| VANGUARD ADMIRAL FDS INC | VOOG | $205.2K | 2,484 | - | new | NEW | |
| REPLIGEN CORP | RGEN | $204.7K | 1,500 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Funds & ETFs | $6.4M | 1.8% |
| Other sectors | $18.9M | 5.2% |
| Not classified | $338.3M | 93.0% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $363.6M | 86 | 8 | 39 | 15 | 1 | 59.3% | 27 |
| Q1 2026 | $333.2M | 79 | 1 | 27 | 18 | 5 | 58.0% | 29 |
| Q4 2025 | $325.0M | 83 | 6 | 30 | 22 | 0 | 57.7% | 36 |
| Q3 2025 | $304.3M | 77 | 4 | 30 | 24 | 2 | 57.6% | 22 |
| Q2 2025 | $265.1K | 75 | 6 | 23 | 28 | 3 | 60.2% | 38 |
| Q1 2025 | $252.8K | 72 | 2 | 31 | 20 | 3 | 61.0% | 29 |
| Q4 2024 | $245.1K | 73 | 5 | 27 | 21 | 4 | 60.5% | 38 |
| Q3 2024 | $230.8K | 72 | 35 | 18 | 7 | 0 | 58.4% | 28 |
| Q2 2024 | $99.0K | 37 | 2 | 15 | 7 | 34 | 75.4% | 25 |
| Q1 2024 | $186.2K | 69 | 7 | 22 | 21 | 1 | 54.2% | 25 |
| Q4 2023 | $155.4K | 63 | 6 | 23 | 20 | 2 | 57.8% | 29 |
| Q3 2023 | $127.3K | 59 | 33 | 12 | 6 | 2 | 56.3% | 31 |
| Q2 2023 | $58.8K | 28 | 3 | 10 | 9 | 34 | 82.9% | 18 |
| Q1 2023 | $122.4K | 59 | 0 | 16 | 27 | 0 | 56.9% | 28 |
| Q4 2022 | $117.4K | 59 | 0 | 0 | 0 | 0 | 56.1% | 37 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.