Tilson Financial Group, Inc. — 13F Holdings & Portfolio

CIK 1964820 · latest 13F-HR filed 2026-04-29

Tilson Financial Group, Inc. manages $333.2M in 13F-reported U.S. long-equity assets across 79 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are VCRB (13.00%), VUG (9.49%), DFLV (8.37%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 1 new position, exited 5, added to 17, and trimmed 23.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM

$333.2M

Long-equity book

Holdings

79

Distinct positions

Period

2026-03-31

Filed 2026-04-29

Q/Q Activity

+1 / −5 / ↑17 / ↓23

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • VANGUARD MALVERN FDS$3.0M +7.4%
  • EXXON MOBIL CORP$1.9M +44.4%
  • DIMENSIONAL ETF TRUST$1.7M +6.7%
  • SSGA ACTIVE ETF TR$1.6M +18.5%
  • VANGUARD MUN BD FDS$1.3M +29.8%
Show all 17

Top Trims

  • VANGUARD INDEX FDS-$2.3M -6.9%
  • ISHARES TR-$872.6K -8.7%
  • STATE STR SPDR S&P 500 ETF T-$405.7K -7.2%
  • ISHARES TR-$320.2K -9.9%
  • MICROSOFT CORP-$317.6K -23.4%
Show all 23

New Positions

  • BLACKROCK ETF TRUST II$401.1K
Show all 1

Exited Positions

  • SCHWAB STRATEGIC TR$405.1K
  • REPLIGEN CORP$245.8K
  • VANGUARD INDEX FDS$212.4K
  • BROADCOM INC$205.6K
  • BLACKROCK MUNIVEST FD INC$101.9K
Show all 5
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD MALVERN FDS VCRB 922020748 $43.3M 13.00% 559,754 SH
2 VANGUARD INDEX FDS VUG 922908736 $31.6M 9.49% 72,409 SH
3 DIMENSIONAL ETF TRUST DFLV 25434V666 $27.9M 8.37% 781,347 SH
4 DIMENSIONAL ETF TRUST DFAS 25434V500 $22.0M 6.59% 308,886 SH
5 MORGAN STANLEY ETF TRUST EVSD 61774R825 $16.9M 5.06% 331,240 SH
6 SPDR SERIES TRUST SPTI 78464A672 $11.3M 3.41% 396,000 SH
7 SSGA ACTIVE ETF TR RLY 78467V103 $10.4M 3.11% 286,777 SH
8 VANGUARD TAX-MANAGED FDS VEA 921943858 $10.4M 3.11% 161,721 SH
9 SPDR SERIES TRUST SPTS 78468R101 $9.9M 2.96% 338,407 SH
10 DIMENSIONAL ETF TRUST DFEM 25434V732 $9.6M 2.88% 277,714 SH
11 ISHARES TR IVW 464287309 $9.2M 2.76% 81,397 SH
12 VANGUARD WHITEHALL FDS VYM 921946406 $9.2M 2.76% 62,109 SH
13 MORGAN STANLEY ETF TRUST EVSM 61774R858 $9.0M 2.70% 179,313 SH
14 ISHARES TR MUB 464288414 $6.9M 2.07% 64,903 SH
15 DIMENSIONAL ETF TRUST DFGR 25434V658 $6.5M 1.95% 244,197 SH
16 VANGUARD MALVERN FDS VTIP 922020805 $6.5M 1.94% 129,252 SH
17 DIMENSIONAL ETF TRUST DFIC 25434V799 $6.0M 1.81% 170,084 SH
18 EXXON MOBIL CORP XOM 30231G102 $6.0M 1.81% 35,541 SH
19 ISHARES TR IVE 464287408 $5.7M 1.71% 27,063 SH
20 SPDR SERIES TRUST SPYM 78464A854 $5.6M 1.67% 72,553 SH
21 VANGUARD MUN BD FDS VCRM 922907712 $5.5M 1.66% 73,771 SH
22 DIMENSIONAL ETF TRUST DFIV 25434V807 $5.4M 1.61% 101,443 SH
23 DIMENSIONAL ETF TRUST DFIS 25434V773 $5.2M 1.57% 155,292 SH
24 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $5.2M 1.56% 8,010 SH
25 VANGUARD MUN BD FDS VTEB 922907746 $5.1M 1.54% 103,034 SH
26 ISHARES TR IJR 464287804 $3.4M 1.01% 27,027 SH
27 ISHARES TR IWF 464287614 $2.9M 0.88% 6,857 SH
28 SPDR SERIES TRUST SHM 78468R739 $2.7M 0.81% 56,194 SH
29 SPDR INDEX SHS FDS SPDW 78463X889 $2.3M 0.70% 50,999 SH
30 UNITED PARCEL SVCS INC UPS 911312106 $2.3M 0.68% 22,871 SH
31 APPLE INC AAPL 037833100 $2.3M 0.68% 8,866 SH
32 VANGUARD STAR FDS VXUS 921909768 $1.2M 0.36% 15,583 SH
33 PUBLIC SVC ENTERPRISE GROUP PEG 744573106 $1.2M 0.35% 14,525 SH
34 SPDR SERIES TRUST SPYG 78464A409 $1.1M 0.34% 11,643 SH
35 SPDR SERIES TRUST TFI 78468R721 $1.1M 0.33% 24,302 SH
36 JPMORGAN CHASE & CO JPM 46625H100 $1.0M 0.31% 3,567 SH
37 MICROSOFT CORP MSFT 594918104 $1.0M 0.31% 2,810 SH
38 ISHARES TR SCZ 464288273 $1.0M 0.30% 12,764 SH
39 ISHARES TR IVV 464287200 $820.7K 0.25% 1,256 SH
40 VANGUARD INTL EQUITY INDEX F VWO 922042858 $799.0K 0.24% 14,783 SH
41 CONNECTONE BANCORP INC CNOB 20786W107 $792.8K 0.24% 29,615 SH
42 MCDONALDS CORP MCD 580135101 $765.9K 0.23% 2,464 SH
43 SPDR SERIES TRUST SPAB 78464A649 $760.0K 0.23% 29,665 SH
44 BERKSHIRE HATHAWAY INC DEL BRK.A 084670108 $718.1K 0.22% 1 SH
45 ISHARES TR IWM 464287655 $711.4K 0.21% 2,868 SH
46 ALPHABET INC GOOGL 02079K305 $687.4K 0.21% 2,390 SH
47 VANGUARD INDEX FDS VTV 922908744 $665.8K 0.20% 3,394 SH
48 SPDR SERIES TRUST SPSM 78468R853 $628.8K 0.19% 13,014 SH
49 ISHARES TR EFA 464287465 $612.0K 0.18% 6,300 SH
50 ISHARES TR SUB 464288158 $596.4K 0.18% 5,600 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-29 $333.2M 79 0001964820-26-000003
2025-12-31 2026-02-05 $325.0M 83 0001964820-26-000001