Filed: 4/17/2025ACC: 0001085146-25-002133
📋 What this filing means
TENON FINANCIAL LLC filed this quarterly 13F‑HR report disclosing 46 equity positions with a total reported market value of $161.57M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
46
Positions
$161.57M
Total AUM (reported)
1.79M
Total Shares
Allocation by class
S&P 500 ETF SHS$37.40M23.1%
EXTEND MKT ETF$28.07M17.4%
TOTAL BND MRKT$24.69M15.3%
VG TL INTL STK F$20.21M12.5%
VAN FTSE DEV MKT$11.28M7.0%
COM$9.71M6.0%
TOTAL STK MKT$6.76M4.2%
Portfolio Concentration
Top 3$90.17M55.8%
4–10$49.49M30.6%
11–25$15.45M9.6%
Rest$6.46M4.0%
Top 3 weight
55.8%
Top 10 weight
86.4%
Voting Authority Distribution
Total shares with voting rights: 1.79M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
1.79M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole46
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings46
Rows:
VANGUARD INDEX FDS
SOLEShares72.78K
TypeSH
Market value$37.40M
23.15%
Sole
0.00
Shared
0.00
None
72.78K
VANGUARD INDEX FDS
SOLEShares162.97K
TypeSH
Market value$28.07M
17.38%
Sole
0.00
Shared
0.00
None
162.97K
VANGUARD BD INDEX FDS
SOLEShares336.15K
TypeSH
Market value$24.69M
15.28%
Sole
0.00
Shared
0.00
None
336.15K
VANGUARD STAR FDS
SOLEShares325.43K
TypeSH
Market value$20.21M
12.51%
Sole
0.00
Shared
0.00
None
325.43K
VANGUARD TAX-MANAGED FDS
SOLEShares221.87K
TypeSH
Market value$11.28M
6.98%
Sole
0.00
Shared
0.00
None
221.87K
VANGUARD INDEX FDS
SOLEShares24.60K
TypeSH
Market value$6.76M
4.18%
Sole
0.00
Shared
0.00
None
24.60K
INVESCO EXCH TRD SLF IDX FD
SOLEShares170.93K
TypeSH
Market value$3.33M
2.06%
Sole
0.00
Shared
0.00
None
170.93K
ISHARES TR
SOLEShares22.54K
TypeSH
Market value$2.75M
1.70%
Sole
0.00
Shared
0.00
None
22.54K
APPLE INC
SOLEShares11.67K
TypeSH
Market value$2.59M
1.60%
Sole
0.00
Shared
0.00
None
11.67K
INVESCO EXCH TRD SLF IDX FD
SOLEShares124.40K
TypeSH
Market value$2.57M
1.59%
Sole
0.00
Shared
0.00
None
124.40K
INVESCO EXCH TRD SLF IDX FD
SOLEShares131.18K
TypeSH
Market value$2.57M
1.59%
Sole
0.00
Shared
0.00
None
131.18K
ELI LILLY & CO
SOLEShares2.33K
TypeSH
Market value$1.92M
1.19%
Sole
0.00
Shared
0.00
None
2.33K
MICROSOFT CORP
SOLEShares3.74K
TypeSH
Market value$1.40M
0.87%
Sole
0.00
Shared
0.00
None
3.74K
TRANE TECHNOLOGIES PLC
SOLEShares3.86K
TypeSH
Market value$1.30M
0.80%
Sole
0.00
Shared
0.00
None
3.86K
VANGUARD MUN BD FDS
SOLEShares21.65K
TypeSH
Market value$1.07M
0.66%
Sole
0.00
Shared
0.00
None
21.65K
TYLER TECHNOLOGIES INC
SOLEShares1.65K
TypeSH
Market value$958.7K
0.59%
Sole
0.00
Shared
0.00
None
1.65K
VANGUARD INDEX FDS
SOLEShares2.51K
TypeSH
Market value$931.7K
0.58%
Sole
0.00
Shared
0.00
None
2.51K
AMAZON COM INC
SOLEShares4.25K
TypeSH
Market value$807.7K
0.50%
Sole
0.00
Shared
0.00
None
4.25K
ISHARES TR
SOLEShares12.80K
TypeSH
Market value$720.3K
0.45%
Sole
0.00
Shared
0.00
None
12.80K
ISHARES TR
SOLEShares1.25K
TypeSH
Market value$699.5K
0.43%
Sole
0.00
Shared
0.00
None
1.25K
AMERICAN CENTY ETF TR
SOLEShares7.80K
TypeSH
Market value$680.2K
0.42%
Sole
0.00
Shared
0.00
None
7.80K
VANGUARD SCOTTSDALE FDS
SOLEShares11.12K
TypeSH
Market value$660.5K
0.41%
Sole
0.00
Shared
0.00
None
11.12K
XPO INC
SOLEShares5.84K
TypeSH
Market value$628.7K
0.39%
Sole
0.00
Shared
0.00
None
5.84K
INVESCO EXCHANGE TRADED FD T
SOLEShares3.60K
TypeSH
Market value$623.4K
0.39%
Sole
0.00
Shared
0.00
None
3.60K
VANGUARD INTL EQUITY INDEX F
SOLEShares10.48K
TypeSH
Market value$474.3K
0.29%
Sole
0.00
Shared
0.00
None
10.48K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 72.78K | SH | $37.40M 23.15% | 0.00 | 0.00 | 72.78K |
VANGUARD INDEX FDSSOLE | EXTEND MKT ETF | 162.97K | SH | $28.07M 17.38% | 0.00 | 0.00 | 162.97K |
VANGUARD BD INDEX FDSSOLE | TOTAL BND MRKT | 336.15K | SH | $24.69M 15.28% | 0.00 | 0.00 | 336.15K |
VANGUARD STAR FDSSOLE | VG TL INTL STK F | 325.43K | SH | $20.21M 12.51% | 0.00 | 0.00 | 325.43K |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 221.87K | SH | $11.28M 6.98% | 0.00 | 0.00 | 221.87K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 24.60K | SH | $6.76M 4.18% | 0.00 | 0.00 | 24.60K |
INVESCO EXCH TRD SLF IDX FDSOLE | BULSHS 2026 CB | 170.93K | SH | $3.33M 2.06% | 0.00 | 0.00 | 170.93K |
ISHARES TRSOLE | CORE S&P TTL STK | 22.54K | SH | $2.75M 1.70% | 0.00 | 0.00 | 22.54K |
APPLE INCSOLE | COM | 11.67K | SH | $2.59M 1.60% | 0.00 | 0.00 | 11.67K |
INVESCO EXCH TRD SLF IDX FDSOLE | BULSHS 2025 CB | 124.40K | SH | $2.57M 1.59% | 0.00 | 0.00 | 124.40K |
INVESCO EXCH TRD SLF IDX FDSOLE | BULSHS 2027 CB | 131.18K | SH | $2.57M 1.59% | 0.00 | 0.00 | 131.18K |
ELI LILLY & COSOLE | COM | 2.33K | SH | $1.92M 1.19% | 0.00 | 0.00 | 2.33K |
MICROSOFT CORPSOLE | COM | 3.74K | SH | $1.40M 0.87% | 0.00 | 0.00 | 3.74K |
TRANE TECHNOLOGIES PLCSOLE | SHS | 3.86K | SH | $1.30M 0.80% | 0.00 | 0.00 | 3.86K |
VANGUARD MUN BD FDSSOLE | TAX EXEMPT BD | 21.65K | SH | $1.07M 0.66% | 0.00 | 0.00 | 21.65K |
TYLER TECHNOLOGIES INCSOLE | COM | 1.65K | SH | $958.7K 0.59% | 0.00 | 0.00 | 1.65K |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 2.51K | SH | $931.7K 0.58% | 0.00 | 0.00 | 2.51K |
AMAZON COM INCSOLE | COM | 4.25K | SH | $807.7K 0.50% | 0.00 | 0.00 | 4.25K |
ISHARES TRSOLE | CALIF MUN BD ETF | 12.80K | SH | $720.3K 0.45% | 0.00 | 0.00 | 12.80K |
ISHARES TRSOLE | CORE S&P500 ETF | 1.25K | SH | $699.5K 0.43% | 0.00 | 0.00 | 1.25K |
AMERICAN CENTY ETF TRSOLE | US SML CP VALU | 7.80K | SH | $680.2K 0.42% | 0.00 | 0.00 | 7.80K |
VANGUARD SCOTTSDALE FDSSOLE | INTER TERM TREAS | 11.12K | SH | $660.5K 0.41% | 0.00 | 0.00 | 11.12K |
XPO INCSOLE | COM | 5.84K | SH | $628.7K 0.39% | 0.00 | 0.00 | 5.84K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 3.60K | SH | $623.4K 0.39% | 0.00 | 0.00 | 3.60K |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 10.48K | SH | $474.3K 0.29% | 0.00 | 0.00 | 10.48K |
Page 1 of 2