Q2 2026 13F · SEC CIK 1768824
TLS Advisors LLC
Hedge fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗
- Reported 13F value
- $34.0M
- Reported positions
- 17
- Top holdings a year, 3 yrs
- +5.2%
- Assets under management
- $164.0M
TLS Advisors LLC is a hedge fund that reported 17 positions worth $34.0M in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Eqt Corp (EQT, 21.2%), Meta Platforms Inc (META, 17.5%), Rio Tinto PLC (RIO, 14.0%). A portfolio copying its top holdings returned 5.2% a year over the last 3 years, against 18.8% for the S&P 500.
TLS Advisors LLC holdings all 17 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.
| Stock | % of 13F value | Share change | Reported value |
|---|---|---|---|
| EQTEqt Corp | 21.2% | +0.0% | $7.2M |
| METAMeta Platforms Inc | 17.5% | +0.0% | $6.0M |
| RIORio Tinto PLC | 14.0% | -32.1% | $4.7M |
| PICKIshares Inc | 11.7% | -32.1% | $4.0M |
| FISVFiserv Inc | 7.2% | +4.2% | $2.5M |
| XENEXenon Pharmaceuticals Inc | 5.5% | +0.0% | $1.9M |
| XOMAXoma Royalty Corporation | 5.3% | -63.3% | $1.8M |
| RRCRange Res Corp | 5.2% | +0.0% | $1.8M |
| VALEVale S A | 3.0% | -32.1% | $1.0M |
| ALITAlight Inc | 2.9% | +0.0% | $986K |
| HOVHovnanian Enterprises Inc | 1.6% | +0.0% | $551K |
| OABIOmniab Inc Com | 1.6% | -11.8% | $543K |
| EWSIshares Inc Msci Singpor | 1.2% | +0.0% | $403K |
| IBITIshares Bitcoin Trust ETF | 1.1% | +0.0% | $377K |
| BHPBhp Billiton Limited | 0.7% | -32.1% | $252K |
| OVIDOvid Therapeutics Inc | 0.1% | +0.0% | $51K |
| BRLTBrilliant Earth Group Inc | 0.0% | — | $13K |
What TLS Advisors LLC bought and sold in Q2 2026, against Q1 2026.
New positions
- BRLT Brilliant Earth Group Inc0.0% of 13F
Added to
No position grew by more than 5%.
Reduced
- XOMA Xoma Royalty Corporation-63.3% shares
- BHP Bhp Billiton Limited-32.1% shares
- RIO Rio Tinto PLC-32.1% shares
- PICK Ishares Inc-32.1% shares
- VALE Vale S A-32.1% shares
- OABI Omniab Inc Com-11.8% shares
Sold out
Nothing sold out.
Share counts compared with the Q1 2026 13F; a split also changes share counts.
How the holdings did against the S&P 500.
- 1 year
- +11.4% /yr
- S&P 500 +20.1%
- 3 years
- +5.2% /yr
- S&P 500 +18.8%
- 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.
| Quarter | 13F value | Positions |
|---|---|---|
| Q2 2026 | $34.0M | 17 |
| Q1 2026 | $42.1M | 16 |
| Q4 2025 | $38.1M | 16 |
| Q3 2025 | $34.4M | 19 |
| Q2 2025 | $32.0M | 13 |
| Q1 2025 | $44.3M | 15 |
| Q4 2024 | $43.7M | 17 |
| Q3 2024 | $47.3M | 18 |
| Q2 2024 | $40.0M | 19 |
| Q1 2024 | $43.0M | 14 |
| Q4 2023 | $30.1M | 14 |
| Q3 2023 | $24.7M | 15 |
Questions about TLS Advisors LLC's portfolio
What stocks does TLS Advisors LLC own?
TLS Advisors LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 17 positions worth $34.0M. The largest are Eqt Corp (EQT) at 21.2%, Meta Platforms Inc (META) at 17.5%, Rio Tinto PLC (RIO) at 14.0%, Ishares Inc (PICK) at 11.7% and Fiserv Inc (FISV) at 7.2%.
What did TLS Advisors LLC buy last quarter?
In Q2 2026, TLS Advisors LLC added a new position in Brilliant Earth Group Inc (BRLT), compared with its Q1 2026 filing.
What did TLS Advisors LLC sell last quarter?
In Q2 2026, TLS Advisors LLC Xoma Royalty Corporation (XOMA) (-63.3% shares), Bhp Billiton Limited (BHP) (-32.1% shares) and Rio Tinto PLC (RIO) (-32.1% shares), compared with its Q1 2026 filing.
How has TLS Advisors LLC's portfolio performed?
A portfolio copying TLS Advisors LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +5.2% a year over the last 3 years, against +18.8% for the S&P 500. Over 1 year: +11.4% against +20.1%.
When is TLS Advisors LLC's next 13F filing due?
13F filings are due 45 days after each quarter ends. TLS Advisors 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 TLS Advisors LLC manage?
TLS Advisors LLC reported $164.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $34.0M.