Q2 2026 13F · SEC CIK 2110834

Tannin Capital LLC

Asset managerFiled 2026-08-04 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $152.2M
Reported positions: 169
Holdings vs S&P 500, 3 yrs: —
Assets under management: $824.9M

Tannin Capital LLC is an asset manager that reported 169 positions worth $152.2M in its Q2 2026 13F, filed 2026-08-04. Its largest holdings were Berkshire Hathaway Inc Del (BRK-A, 3.9%), Global X Fds (CLIP, 3.8%), Jpmorgan Chase & Co (JPM, 3.6%).

Tannin Capital LLC holdings largest 50 of 169 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Tannin Capital LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
BRK-ABerkshire Hathaway Inc Del	3.9%	4.2%	8	+0.0%	$6.0M
CLIPGlobal X Fds	3.8%	5.9%	57,295	-28.8%	$5.7M
JPMJpmorgan Chase & Co	3.6%	3.6%	16,711	-1.0%	$5.5M
AAPLApple Inc	3.5%	3.6%	18,390	-5.8%	$5.3M
GOOGLAlphabet Inc	3.0%	2.8%	12,833	-4.8%	$4.6M
NVDANvidia Corporation	3.0%	2.7%	22,800	+5.4%	$4.6M
VOOVanguard Index Fds	2.4%	2.5%	5,385	-5.5%	$3.7M
AVGOBroadcom Inc	2.2%	2.0%	8,953	+0.9%	$3.4M
GSGoldman Sachs Group Inc	2.2%	2.1%	3,303	-5.4%	$3.3M
ABBVAbbvie Inc	2.1%	2.1%	12,795	-1.7%	$3.2M
VUGVanguard Index Fds	1.8%	1.8%	32,566	+482.7%	$2.8M
MSFTMicrosoft Corp	1.7%	1.7%	6,911	+11.6%	$2.6M
HDHome Depot Inc	1.6%	1.5%	6,862	+8.0%	$2.4M
SPYState Str Spdr S&p 500 ETF T	1.6%	1.6%	3,214	-6.8%	$2.4M
JNJJohnson & Johnson	1.3%	1.4%	8,084	+1.1%	$2.1M
VVisa Inc	1.2%	1.3%	5,519	-6.9%	$1.9M
EMREmerson Elec Co	1.2%	1.2%	13,034	-0.3%	$1.9M
VTIVanguard Index Fds	1.2%	1.2%	4,905	-4.2%	$1.8M
VTVanguard Intl Equity Index F	1.2%	1.2%	11,424	-4.8%	$1.8M
CSCOCisco Sys Inc	1.1%	1.0%	14,596	-18.4%	$1.7M
IBITIshares Bitcoin Trust ETF	1.1%	—	49,185	—	$1.6M
STXSeagate Technology Hldngs Pl	1.1%	—	1,673	—	$1.6M
AMZNAmazon Com Inc	1.1%	1.0%	6,771	+5.4%	$1.6M
IWDIshares Tr	1.1%	1.1%	6,629	-2.6%	$1.6M
GOOGAlphabet Inc	1.0%	1.0%	4,479	-4.9%	$1.6M
METAMeta Platforms Inc	1.0%	1.1%	2,796	+8.2%	$1.6M
IJHIshares Tr	1.0%	1.0%	19,070	-4.2%	$1.5M
SPDWSpdr Index Shs Fds	0.9%	0.8%	27,785	+9.0%	$1.4M
BRK-BBerkshire Hathaway Inc Del	0.9%	1.0%	2,661	-6.3%	$1.3M
DIVOAmplify ETF Tr	0.9%	1.0%	28,576	-7.7%	$1.3M
IWFIshares Tr	0.9%	0.8%	10,472	+300.0%	$1.3M
INTCIntel Corp	0.8%	—	9,092	—	$1.3M
DIASpdr Dow Jones Indl Average	0.8%	0.9%	2,416	-5.5%	$1.3M
WMTWalmart Inc	0.8%	1.1%	11,053	-11.8%	$1.3M
SOSouthern Co	0.8%	0.9%	12,844	+1.5%	$1.2M
CVXChevron Corporation	0.8%	1.1%	7,411	-2.3%	$1.2M
PGProcter & Gamble Co	0.8%	0.8%	8,233	+9.8%	$1.2M
EMEEmcor Group Inc	0.8%	0.8%	1,435	-6.9%	$1.2M
CSXCsx Corp	0.8%	0.8%	24,437	-6.3%	$1.2M
QQQInvesco Qqq Tr	0.8%	0.6%	1,560	+7.0%	$1.1M
RTXRtx Corporation	0.8%	0.9%	6,048	-10.3%	$1.1M
BACBank of Amer Corp	0.7%	0.8%	19,878	-12.3%	$1.1M
OKEOneok Inc New	0.7%	0.8%	12,728	+0.0%	$1.1M
IUSGIshares Tr	0.7%	0.7%	5,814	+0.0%	$1.1M
QQQJInvesco Exch Traded Fd Tr II	0.7%	0.6%	22,811	-7.5%	$1.0M
COFCapital One Finl Corp	0.6%	0.7%	4,918	-0.9%	$987K
IBMInternational Business Machs	0.6%	0.6%	3,443	-0.1%	$968K
KMBKimberly-Clark Corp	0.6%	—	8,361	—	$918K
CLColgate Palmolive Co	0.6%	—	9,829	—	$901K
SHOPShopify Inc	0.6%	0.6%	7,545	+2.2%	$861K

What Tannin Capital LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

VUG Vanguard Index Fds+482.7% shares
IWF Ishares Tr+300.0% shares
MSFT Microsoft Corp+11.6% shares
PG Procter & Gamble Co+9.8% shares
SPDW Spdr Index Shs Fds+9.0% shares
META Meta Platforms Inc+8.2% shares
HD Home Depot Inc+8.0% shares
QQQ Invesco Qqq Tr+7.0% shares

Reduced

CLIP Global X Fds-28.8% shares
CSCO Cisco Sys Inc-18.4% shares
BAC Bank of Amer Corp-12.3% shares
WMT Walmart Inc-11.8% shares
RTX Rtx Corporation-10.3% shares
DIVO Amplify ETF Tr-7.7% shares
QQQJ Invesco Exch Traded Fd Tr II-7.5% shares
V Visa Inc-6.9% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: —
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$152.2M	169
Q1 2026	$137.8M	152
Q4 2025	$111.8M	135

Questions about Tannin Capital LLC's portfolio

What stocks does Tannin Capital LLC own?

Tannin Capital LLC's latest 13F, for Q2 2026 and filed Aug 4, 2026, lists 169 positions worth $152.2M. The largest are Berkshire Hathaway Inc Del (BRK-A) at 3.9%, Global X Fds (CLIP) at 3.8%, Jpmorgan Chase & Co (JPM) at 3.6%, Apple Inc (AAPL) at 3.5% and Alphabet Inc (GOOGL) at 3.0%.

What did Tannin Capital LLC buy last quarter?

In Q2 2026, Tannin Capital LLC added Vanguard Index Fds (VUG) (+482.7% shares), Ishares Tr (IWF) (+300.0% shares) and Microsoft Corp (MSFT) (+11.6% shares), compared with its Q1 2026 filing.

What did Tannin Capital LLC sell last quarter?

In Q2 2026, Tannin Capital LLC cut from its top 50 Vaneck ETF Trust (OIH), cut from its top 50 Pepsico Inc (PEP), cut from its top 50 Spdr Gold Tr (GLD), cut from its top 50 Netflix Inc. (NFLX), cut from its top 50 Vanguard Whitehall Fds (VYM), Global X Fds (CLIP) (-28.8% shares), Cisco Sys Inc (CSCO) (-18.4% shares) and Bank of Amer Corp (BAC) (-12.3% shares), compared with its Q1 2026 filing.

When is Tannin Capital LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Tannin Capital LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Tannin Capital LLC manage?

Tannin Capital LLC reported $824.9M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $152.2M.