Tandem Financial, LLC — 13F Holdings & Portfolio

CIK 2049157 · latest 13F-HR filed 2026-08-14

Tandem Financial, LLC manages $332.4M in 13F-reported U.S. long-equity assets across 101 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are IVV (11.45%), BIV (7.12%), QQQ (6.38%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 7 new positions and exited 2; 52 existing positions rose in reported value and 17 fell.

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.

AUM

$332.4M

Long-equity book

Holdings

101

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+7 / −2 / ↑52 / ↓17

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26

IVV12.2% · -22%BIV7.6% · +1%VEA5.8% · +21%FNDE4.5% · +8%SPY4.4% · +4%QQQ4.3% · -12%GDX4.1% · +2%IMCG3.6% · +5%CLOI3.0% · +37%PWR2.4% · -3%ILCV2.2% · -18%VGLT2.1% · -1%JQUA2.0% · -32%IUS2.0% · +5%VWO1.9% · +59%JBND1.9% · +0%IWM1.6% · +6%BNDX1.6% · -0%IWF1.6% · +294%IWD1.5% · -3%GPIQ1.4% · +7%DFAU1.3% · -6%VB1.2% · +4%GPIX1.2% · +8%GLD1.2% · +1%ITA1.0% · +0%FLXR0.9% · -3%DFAC0.9% · +3%AAAU0.9% · -40%MSFT0.9% · +0%DFIC0.8% · -3%PM0.8% · 0%AAPL0.8% · -2%MP0.8% · +0%DFAE0.7% · -5%UBND0.7% · +27%URNM0.7% · +4%AMLP0.6% · -1%GOOGL0.5% · -3%KNG0.5% · -10%NUV0.5% · +9%JMUB0.4% · +7%GRNY0.4% · +6%VUG0.4% · +486%DUHP0.4% · -4%GOOG0.4% · -0%EMLP0.4% · -1%MLPX0.4% · +4%PFXF0.4% · +1%VBK0.4% · +2%IJR0.4% · +29%DFIV0.3% · +4%SPAB0.3% · -6%DFGP0.3% · -12%NEM0.3% · 0%DFEV0.3% · -4%IEF0.3% · -7%NVDA0.3% · -4%MDST0.2% · -2%CARR0.2% · 0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 52%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Sep 1, 2026.

Assets Under Management

$3.45B

Discretionary

$3.45B

Employees

Accounts

10,432

Address

145 KING STREET
SUITE 400
CHARLESTON, SC 29401-2229

Phone

(843) 720-3413

Website

www.tiafunds.com
www.linkedin.com/company/tandem-investment-advisors-inc
WWW.TANDEMADVISORS.COM

Name	Title / Status	Ownership	Type
CAREW, BENJAMIN, GREENWOOD Control	VICE PRESIDENT/CO-CHIEF INVESTMENT OFFICER since Jan 2022	10–25%	Individual
CAREW, JOHN, BRIAN Control	PRESIDENT/CHIEF EXECUTIVE OFFICER since Oct 1990	50–75%	Individual
COX, JEREMY Control	CHIEF DISTRIBUTION OFFICER since Mar 2024	Less than 5%	Individual
HOFFMAN, NICOLE, MARIE Control	CHIEF COMPLIANCE OFFICER since Jun 2023	Less than 5%	Individual
LITTLE, WILLIAM, LEO Control	SENIOR VICE PRESIDENT/CO-CHIEF INVESTMENT OFFICER since Mar 2009	25–50%	Individual
Natoli, Elaine, M Control	VICE PRESIDENT/CHIEF COMMUNICATIONS OFFICER since Jan 2022	Less than 5%	Individual
CAREW, ANN, B.	SECRETARY/TREASURER since Oct 1994	Less than 5%	Individual
Dallas, Dave	BOARD MEMBER since Aug 2025	Less than 5%	Individual
HENDRIX, RICHARD, J	BOARD MEMBER since Aug 2025	Less than 5%	Individual

Ownership & leadership changes · 11 filings with changes since Nov 11, 2011

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Aug 29, 2025 filing

AddedDallas, Dave · BOARD MEMBER · Less than 5%
AddedHENDRIX, RICHARD, J · BOARD MEMBER · Less than 5%

Mar 20, 2025 filing

AddedCOX, JEREMY · CHIEF DISTRIBUTION OFFICER · Less than 5% · control person

Apr 18, 2024 filing

ChangedCAREW, BENJAMIN, GREENWOOD · title VICE PRESIDENT/PORTFOLIO MANAGER → VICE PRESIDENT/CO-CHIEF INVESTMENT OFFICER
ChangedCAREW, JOHN, BRIAN · title PRESIDENT → PRESIDENT/CHIEF EXECUTIVE OFFICER
ChangedLITTLE, WILLIAM, LEO · title SENIOR VICE PRESIDENT → SENIOR VICE PRESIDENT/CO-CHIEF INVESTMENT OFFICER
ChangedNatoli, Elaine, M · title VICE PRESIDENT → VICE PRESIDENT/CHIEF COMMUNICATIONS OFFICER

Feb 26, 2024 filing

AddedNatoli, Elaine, M · VICE PRESIDENT · Less than 5% · control person

Jul 6, 2023 filing

No longer listedCOSTENBADER, WALTER, RUSSELL · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Jan 2019
AddedHOFFMAN, NICOLE, MARIE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person

Mar 2, 2023 filing

ChangedLITTLE, WILLIAM, LEO · title VICE PRESIDENT → SENIOR VICE PRESIDENT

Mar 1, 2022 filing

AddedCAREW, BENJAMIN, GREENWOOD · VICE PRESIDENT/PORTFOLIO MANAGER · 10–25% · control person

Mar 1, 2019 filing

AddedCOSTENBADER, WALTER, RUSSELL · CHIEF COMPLIANCE OFFICER · Less than 5%
ChangedCAREW, JOHN, BRIAN · title PRESIDENT, CHIEF COMPLIANCE OFFICER → PRESIDENT

Mar 13, 2015 filing

No longer listedMCGEE, WILLIAM, L. · SHAREHOLDER · 10–25% · listed since Nov 2002
ChangedLITTLE, WILLIAM, LEO · ownership 10–25% → 25–50%

Mar 31, 2014 filing

ChangedLITTLE, WILLIAM, LEO · ownership 5–10% → 10–25%; now a control person

Older changes (2 more filings)

Mar 21, 2013 filing

ChangedCAREW, JOHN, BRIAN · ownership 75% or more → 50–75%
ChangedLITTLE, WILLIAM, LEO · ownership Less than 5% → 5–10%

Nov 11, 2011 filing (earliest on record)

ListedCAREW, ANN, B. · SECRETARY/TREASURER · Less than 5%
ListedCAREW, JOHN, BRIAN · PRESIDENT, CHIEF COMPLIANCE OFFICER · 75% or more · control person
ListedLITTLE, WILLIAM, LEO · VICE PRESIDENT · Less than 5%
ListedMCGEE, WILLIAM, L. · SHAREHOLDER · 10–25%

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

VANGUARD TAX-MANAGED FDS$4.6M +34.4%
ISHARES TR$2.6M +30.6%
VANECK ETF TRUST$2.5M +37.2%
VANGUARD INTL EQUITY INDEX F$2.5M +75.5%
STATE STR SPDR S&P 500 ETF T$2.3M +19.8%

Show all 52 →

Top Trims

ISHARES TR-$4.4M -10.4%
GOLDMAN SACHS PHYSICAL GOLD-$2.7M -48.9%
VANECK ETF TRUST-$2.5M -16.2%
J P MORGAN EXCHANGE TRADED F-$1.6M -20.2%
ISHARES TR-$818.2K -10.9%

Show all 17 →

New Positions

Show all 7 →

Exited Positions

SPDR SERIES TRUST$2.8M
ISHARES SILVER TR$274.9K

Loading…

#	Issuer	Symbol	CUSIP	Value	Δ

Tandem Financial, LLC Holdings (2026-06-30)

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	ISHARES TR	IVV	464287200	$38.1M	11.45%	50,823	SH
2	VANGUARD BD INDEX FDS	BIV	921937819	$23.7M	7.12%	308,414	SH
3	INVESCO QQQ TR Put	QQQ	46090E103	$21.2M	6.38%	28,800	PRN
4	VANGUARD TAX-MANAGED FDS	VEA	921943858	$18.0M	5.40%	251,962	SH
5	SCHWAB STRATEGIC TR	FNDE	808524730	$14.1M	4.23%	354,450	SH
6	STATE STR SPDR S&P 500 ETF T	SPY	78462F103	$13.6M	4.10%	18,217	SH
7	INVESCO QQQ TR	QQQ	46090E103	$13.5M	4.06%	18,293	SH
8	VANECK ETF TRUST	GDX	92189F106	$12.9M	3.87%	170,681	SH
9	ISHARES TR	IMCG	464288307	$11.1M	3.33%	112,506	SH
10	VANECK ETF TRUST	CLOI	92189H748	$9.4M	2.82%	177,333	SH
11	QUANTA SVCS INC	PWR	74762E102	$7.4M	2.22%	10,242	SH
12	ISHARES TR	ILCV	464288109	$6.7M	2.02%	66,287	SH
13	VANGUARD SCOTTSDALE FDS	VGLT	92206C847	$6.6M	1.98%	119,004	SH
14	J P MORGAN EXCHANGE TRADED F	JQUA	46641Q761	$6.3M	1.89%	86,719	SH
15	INVESCO EXCH TRD SLF IDX FD	IUS	46138J742	$6.1M	1.84%	93,281	SH
16	VANGUARD INTL EQUITY INDEX F	VWO	922042858	$5.8M	1.76%	97,845	SH
17	J P MORGAN EXCHANGE TRADED F	JBND	46654Q716	$5.8M	1.75%	108,756	SH
18	ISHARES TR	IWM	464287655	$5.0M	1.51%	16,741	SH
19	VANGUARD CHARLOTTE FDS	BNDX	92203J407	$4.9M	1.48%	101,802	SH
20	ISHARES TR	IWF	464287614	$4.9M	1.48%	39,682	SH
21	ISHARES TR	IWD	464287598	$4.5M	1.37%	18,731	SH
22	GOLDMAN SACHS ETF TR	GPIQ	38149W630	$4.3M	1.29%	72,476	SH
23	DIMENSIONAL ETF TRUST	DFAU	25434V104	$4.1M	1.24%	80,002	SH
24	VANGUARD INDEX FDS	VB	922908751	$3.9M	1.16%	12,742	SH
25	GOLDMAN SACHS ETF TR	GPIX	38149W622	$3.8M	1.14%	68,093	SH
26	SPDR GOLD TR	GLD	78463V107	$3.7M	1.13%	10,175	SH
27	ISHARES TR	ITA	464288760	$3.1M	0.94%	12,927	SH
28	TCW ETF TRUST	FLXR	29287L700	$2.9M	0.89%	75,140	SH
29	DIMENSIONAL ETF TRUST	DFAC	25434V708	$2.9M	0.87%	65,535	SH
30	GOLDMAN SACHS PHYSICAL GOLD	AAAU	38150K103	$2.8M	0.85%	71,050	SH
31	MICROSOFT CORP	MSFT	594918104	$2.7M	0.81%	7,259	SH
32	DIMENSIONAL ETF TRUST	DFIC	25434V799	$2.6M	0.79%	70,203	SH
33	PHILIP MORRIS INTL INC	PM	718172109	$2.6M	0.78%	14,238	SH
34	APPLE INC	AAPL	037833100	$2.5M	0.76%	8,712	SH
35	MP MATERIALS CORP	MP	553368101	$2.4M	0.71%	42,076	SH
36	DIMENSIONAL ETF TRUST	DFAE	25434V302	$2.3M	0.70%	57,896	SH
37	VICTORY PORTFOLIOS II	UBND	92647X863	$2.3M	0.69%	106,198	SH
38	SPROTT FDS TR	URNM	85208P303	$2.2M	0.67%	42,667	SH
39	ALPS ETF TR	AMLP	00162Q452	$1.8M	0.55%	35,267	SH
40	ALPHABET INC	GOOGL	02079K305	$1.5M	0.46%	4,273	SH
41	FIRST TR EXCHANGE-TRADED FD	KNG	33739Q705	$1.5M	0.45%	29,851	SH
42	NUVEEN MUN VALUE FD INC	NUV	670928100	$1.4M	0.42%	152,594	SH
43	J P MORGAN EXCHANGE TRADED F	JMUB	46641Q647	$1.4M	0.41%	26,854	SH
44	TIDAL TRUST I	GRNY	886364231	$1.3M	0.41%	48,731	SH
45	VANGUARD INDEX FDS	VUG	922908736	$1.3M	0.40%	15,630	SH
46	DIMENSIONAL ETF TRUST	DUHP	25434V831	$1.3M	0.40%	31,595	SH
47	ALPHABET INC	GOOG	02079K107	$1.3M	0.39%	3,665	SH
48	FIRST TR EXCHANGE-TRADED FD	EMLP	33738D101	$1.2M	0.37%	28,153	SH
49	GLOBAL X FDS	MLPX	37954Y293	$1.2M	0.37%	16,516	SH
50	VANECK ETF TRUST	PFXF	92189F429	$1.2M	0.36%	67,946	SH