Q2 2026 13F · SEC CIK 1964820

Tilson Financial Group, Inc.

Wealth managerFiled 2026-07-27 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $363.6M
Reported positions: 86
Top holdings a year, 3 yrs: +11.2%
Assets under management: $750.6M

Tilson Financial Group, Inc. is a wealth manager that reported 86 positions worth $363.6M in its Q2 2026 13F, filed 2026-07-27. Its largest holdings were Vanguard Malvern Fds (VCRB, 12.4%), Vanguard Index Fds (VUG, 10.8%), Dimensional ETF Trust (DFLV, 8.6%). A portfolio copying its top holdings returned 11.2% a year over the last 3 years, against 20.4% for the S&P 500.

Tilson Financial Group, Inc. holdings largest 50 of 86 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.

Tilson Financial Group, Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
VCRBVanguard Malvern Fds	12.4%	13.0%	585,536	+4.6%	$45.2M
VUGVanguard Index Fds	10.8%	9.5%	457,942	+532.4%	$39.4M
DFLVDimensional ETF Trust	8.6%	8.4%	788,526	+0.9%	$31.2M
DFASDimensional ETF Trust	7.1%	6.6%	314,786	+1.9%	$25.9M
EVSDMorgan Stanley ETF Trust	4.7%	5.1%	338,935	+2.3%	$17.2M
VEAVanguard Ftse Developed Markets Index Fu	3.3%	3.1%	167,379	+3.5%	$11.9M
SPTISpdr Series Trust	3.2%	3.4%	413,267	+4.4%	$11.7M
DFEMDimensional ETF Trust	3.2%	2.9%	285,169	+2.7%	$11.6M
IVWIshares Tr	3.1%	2.8%	81,285	-0.1%	$11.2M
SPTSSpdr Series Trust	2.8%	3.0%	347,656	+2.7%	$10.1M
VYMVanguard Whitehall Fds	2.7%	2.8%	62,351	+0.4%	$9.9M
RLYSsga Active ETF Tr	2.7%	3.1%	284,741	-0.7%	$9.8M
EVSMEaton Vance	2.5%	2.7%	180,493	+0.7%	$9.1M
DFGRDimensional ETF Trust	2.0%	1.9%	256,643	+5.1%	$7.4M
MUBIshares Tr	1.9%	2.1%	65,028	+0.2%	$7.0M
SPLGSpdr Series Trust	1.8%	1.7%	76,306	+5.2%	$6.7M
VCRMVanguard Mun Bd Fds	1.8%	1.7%	87,581	+18.7%	$6.7M
VTIPVanguard Malvern Fds	1.8%	1.9%	132,472	+2.5%	$6.7M
DFICDimensional ETF Trust	1.7%	1.8%	166,782	-1.9%	$6.2M
IVEIshares Tr	1.7%	1.7%	27,101	+0.1%	$6.2M
SPYState Str Spdr S&p 500 ETF T	1.7%	1.6%	8,157	+1.8%	$6.1M
DFIVDimensional ETF Trust	1.6%	1.6%	106,198	+4.7%	$5.7M
DFISDimensional ETF Trust	1.6%	1.6%	163,392	+5.2%	$5.7M
VTEBVanguard Mun Bd Fds	1.4%	1.5%	100,166	-2.8%	$5.1M
IJRIshares Tr	1.1%	1.0%	26,881	-0.5%	$4.0M
IWFIshares Tr	0.9%	0.9%	27,440	+300.2%	$3.4M
SHMSpdr Series Trust	0.7%	0.8%	55,746	-0.8%	$2.7M
SPDWSpdr Index Shs Fds	0.7%	0.7%	51,159	+0.3%	$2.6M
AAPLApple Inc	0.7%	0.7%	8,720	-1.6%	$2.5M
UPSUnited Parcel Svcs Inc	0.7%	0.7%	23,021	+0.7%	$2.5M
SPYGState Street Spdr Portfolio S&p 500 Grow	0.4%	0.3%	11,631	-0.1%	$1.4M
VXUSVanguard Star Fds	0.4%	0.4%	15,628	+0.3%	$1.3M
PEGPublic Svc Enterprise Group	0.3%	0.4%	14,977	+3.1%	$1.2M
JPMJpmorgan Chase & Co	0.3%	0.3%	3,570	+0.1%	$1.2M
TFISpdr Series Trust	0.3%	0.3%	25,239	+3.9%	$1.2M
SCZIshares Tr	0.3%	0.3%	12,534	-1.8%	$1.0M
MSFTMicrosoft Corp	0.3%	0.3%	2,750	-2.1%	$1.0M
CNOBConnectone Bancorp Inc	0.3%	0.2%	29,810	+0.7%	$997K
IVVIshares Tr	0.3%	0.2%	1,265	+0.7%	$947K
GOOGLAlphabet Inc	0.2%	0.2%	2,470	+3.3%	$883K
VWOVanguard Intl Equity Index F	0.2%	0.2%	14,611	-1.2%	$872K
IWMIshares Tr	0.2%	0.2%	2,875	+0.2%	$864K
LRCXLam Research Corp	0.2%	—	1,940	—	$841K
SPABSpdr Series Trust	0.2%	0.2%	29,824	+0.5%	$761K
BRK-ABerkshire Hathaway Inc Del	0.2%	0.2%	1	+0.0%	$749K
SPSMSpdr Series Trust	0.2%	0.2%	12,850	-1.3%	$741K
VTVVanguard Index Fds	0.2%	0.2%	3,367	-0.8%	$734K
MCDMcdonalds Corp	0.2%	0.2%	2,545	+3.3%	$688K
VTIVanguard Index Fds	0.2%	—	1,855	—	$686K
BACBank of Amer Corp	0.2%	—	11,658	—	$664K

What Tilson Financial Group, Inc. 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

Reduced

No position shrank by more than 5%.

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: +13.2% /yr; S&P 500 +20.1%
3 years: +11.2% /yr; S&P 500 +20.4%
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	$363.6M	86
Q1 2026	$333.2M	79
Q4 2025	$325.0M	83
Q3 2025	$304.3M	77
Q2 2025	$265.1M	75
Q1 2025	$252.8M	72
Q4 2024	$245.1M	73
Q3 2024	$230.8M	72
Q2 2024	$99.0M	37
Q1 2024	$186.2M	69
Q4 2023	$155.4M	63
Q3 2023	$127.3M	59

Questions about Tilson Financial Group, Inc.'s portfolio

What stocks does Tilson Financial Group, Inc. own?

Tilson Financial Group, Inc.'s latest 13F, for Q2 2026 and filed Jul 27, 2026, lists 86 positions worth $363.6M. The largest are Vanguard Malvern Fds (VCRB) at 12.4%, Vanguard Index Fds (VUG) at 10.8%, Dimensional ETF Trust (DFLV) at 8.6%, Dimensional ETF Trust (DFAS) at 7.1% and Morgan Stanley ETF Trust (EVSD) at 4.7%.

What did Tilson Financial Group, Inc. buy last quarter?

In Q2 2026, Tilson Financial Group, Inc. added Vanguard Index Fds (VUG) (+532.4% shares), Ishares Tr (IWF) (+300.2% shares) and Vanguard Mun Bd Fds (VCRM) (+18.7% shares), compared with its Q1 2026 filing.

What did Tilson Financial Group, Inc. sell last quarter?

In Q2 2026, Tilson Financial Group, Inc. cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Ishares Tr (EFA) and cut from its top 50 Ishares Tr (SUB), compared with its Q1 2026 filing.

How has Tilson Financial Group, Inc.'s portfolio performed?

A portfolio copying Tilson Financial Group, Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +11.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +13.2% against +20.1%.

When is Tilson Financial Group, Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Tilson Financial Group, Inc.'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 Tilson Financial Group, Inc. manage?

Tilson Financial Group, Inc. reported $750.6M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $363.6M.