# Tenzing Financial LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2111360. Source: https://holderbook.com/funds/2111360-tenzing-financial-llc/

- Reported value: $145.6M
- Positions: 84
- Weight of the ten largest: 56.8%
- Filed: 2026-07-09

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 |
|---|---|---|---|---|---|
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $17.8M | 313,229 | 12.2% | 3 |
| ISHARES TR | [IDEV](https://holderbook.com/stocks/IDEV/) | $12.7M | 140,394 | 8.7% | 3 |
| J P MORGAN EXCHANGE TRADED F | [JQUA](https://holderbook.com/stocks/JQUA/) | $8.9M | 122,984 | 6.1% | 3 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $8.5M | 247,459 | 5.9% | 3 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $8.1M | 319,185 | 5.6% | 3 |
| ALPS ETF TR | [SMTH](https://holderbook.com/stocks/SMTH/) | $7.5M | 291,152 | 5.1% | 3 |
| ALPS ETF TR | [IDOG](https://holderbook.com/stocks/IDOG/) | $5.2M | 125,047 | 3.6% | 3 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $5.2M | 68,102 | 3.6% | 3 |
| AMERICAN CENTY ETF TR | [AVLV](https://holderbook.com/stocks/AVLV/) | $4.9M | 53,401 | 3.3% | 3 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $3.9M | 5,118 | 2.7% | 3 |
| ALPS ETF TR | [MNBD](https://holderbook.com/stocks/MNBD/) | $3.8M | 146,363 | 2.6% | 3 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $3.8M | 116,735 | 2.6% | 3 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $3.1M | 68,063 | 2.1% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.1M | 9,802 | 2.1% | 3 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $2.7M | 25,263 | 1.9% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.4M | 12,181 | 1.6% | 3 |
| SPDR SERIES TRUST | [SPHY](https://holderbook.com/stocks/SPHY/) | $2.2M | 92,896 | 1.5% | 3 |
| ALPS ETF TR | [ENFR](https://holderbook.com/stocks/ENFR/) | $2.0M | 53,034 | 1.4% | 3 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.9M | 19,768 | 1.3% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.6M | 4,395 | 1.1% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.6M | 4,142 | 1.1% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.5M | 1,288 | 1.1% | 3 |
| FRANKLIN TEMPLETON ETF TR | [FLHY](https://holderbook.com/stocks/FLHY/) | $1.4M | 58,633 | 1.0% | 3 |
| JANUS DETROIT STR TR | [JMBS](https://holderbook.com/stocks/JMBS/) | $1.4M | 30,376 | 0.9% | 3 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $1.3M | 3,771 | 0.9% | 3 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $1.3M | 25,763 | 0.9% | 3 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.3M | 15,457 | 0.9% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.2M | 4,860 | 0.8% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.1M | 2,886 | 0.7% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $996.9K | 2,666 | 0.7% | 3 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $945.0K | 11,525 | 0.6% | 3 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $894.3K | 908 | 0.6% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $883.3K | 1,176 | 0.6% | 3 |
| FRANKLIN TEMPLETON ETF TR | [FLCH](https://holderbook.com/stocks/FLCH/) | $810.9K | 38,894 | 0.6% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $726.4K | 1,210 | 0.5% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $721.1K | 2,135 | 0.5% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $710.5K | 4,502 | 0.5% | 3 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $707.5K | 4,368 | 0.5% | 2 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $668.8K | 2,217 | 0.5% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $656.5K | 1,564 | 0.5% | 3 |
| SPDR SERIES TRUST | [HYMB](https://holderbook.com/stocks/HYMB/) | $643.9K | 25,399 | 0.4% | 3 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $593.6K | 4,826 | 0.4% | 1 |
| FRANKLIN TEMPLETON ETF TR | [FLBL](https://holderbook.com/stocks/FLBL/) | $589.4K | 25,783 | 0.4% | 3 |
| FRANKLIN TEMPLETON ETF TR | [FLMI](https://holderbook.com/stocks/FLMI/) | $584.8K | 23,290 | 0.4% | 3 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $572.3K | 1,778 | 0.4% | 1 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $570.0K | 2,305 | 0.4% | 1 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $533.9K | 901 | 0.4% | 3 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $525.0K | 18,836 | 0.4% | 3 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $467.0K | 4,927 | 0.3% | 3 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $462.0K | 3,147 | 0.3% | 3 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $459.1K | 1,016 | 0.3% | 3 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $431.6K | 445 | 0.3% | 3 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $430.3K | 4,890 | 0.3% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $420.7K | 762 | 0.3% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $403.2K | 3,299 | 0.3% | 2 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $384.6K | 3,476 | 0.3% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $371.8K | 734 | 0.3% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $356.8K | 1,376 | 0.2% | 3 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $356.5K | 1,018 | 0.2% | 2 |
| ISHARES TR | [IWY](https://holderbook.com/stocks/IWY/) | $352.7K | 1,226 | 0.2% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $351.3K | 2,575 | 0.2% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $342.2K | 3,002 | 0.2% | 3 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $339.9K | 295 | 0.2% | 2 |
| CAPITAL GROUP GBL GROWTH EQT | [CGGO](https://holderbook.com/stocks/CGGO/) | $321.2K | 7,729 | 0.2% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $319.1K | 893 | 0.2% | 3 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $311.3K | 822 | 0.2% | 3 |
| ISHARES TR | [IWX](https://holderbook.com/stocks/IWX/) | $278.9K | 2,589 | 0.2% | 1 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $264.8K | 2,511 | 0.2% | 1 |
| SPROTT ASSET MANAGEMENT LP | [CEF](https://holderbook.com/stocks/CEF/) | $257.6K | 6,142 | 0.2% | 3 |
| FERGUSON ENTERPRISES INC | [FERG](https://holderbook.com/stocks/FERG/) | $256.8K | 1,122 | 0.2% | 2 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $253.8K | 476 | 0.2% | 3 |
| VANGUARD SCOTTSDALE FDS | [VONE](https://holderbook.com/stocks/VONE/) | $252.7K | 742 | 0.2% | 3 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $250.9K | 5,054 | 0.2% | 3 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $246.3K | 1,333 | 0.2% | 3 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $241.0K | 132 | 0.2% | 1 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $238.6K | 2,418 | 0.2% | 1 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $232.0K | 336 | 0.2% | 3 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $227.4K | 893 | 0.2% | 1 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $226.7K | 3,785 | 0.2% | 3 |
| ALPS ETF TR | [RFFC](https://holderbook.com/stocks/RFFC/) | $218.1K | 2,885 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $214.8K | 2,478 | 0.1% | 1 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $211.1K | 4,152 | 0.1% | 1 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $207.4K | 218 | 0.1% | 2 |
| BANCO BRADESCO S A | [BBD](https://holderbook.com/stocks/BBD/) | $45.3K | 12,932 | 0.0% | 3 |

## 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 | +7.9% | +14.8% | -6.9% | 97% |
| Q1 2026 | -1.3% | -4.6% | +3.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $145.6M | 84 |
| Q1 2026 | $133.2M | 70 |
| Q4 2025 | $123.2M | 68 |