Filed: 1/16/2026ACC: 0002020781-26-000003
📋 What this filing means
TENON FINANCIAL LLC filed this quarterly 13F‑HR report disclosing 49 equity positions with a total reported market value of $237.23M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
49
Positions
$237.23M
Total AUM (reported)
2.13M
Total Shares
Allocation by class
S&P 500 ETF SHS$58.75M24.8%
EXTEND MKT ETF$47.82M20.2%
VG TL INTL STK F$37.89M16.0%
TOTAL BND MRKT$31.86M13.4%
COM$14.32M6.0%
VAN FTSE DEV MKT$12.98M5.5%
TOTAL STK MKT$7.30M3.1%
Portfolio Concentration
Top 3$144.46M60.9%
4–10$65.99M27.8%
11–25$18.06M7.6%
Rest$8.71M3.7%
Top 3 weight
60.9%
Top 10 weight
88.7%
Voting Authority Distribution
Total shares with voting rights: 2.13M
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
2.13M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole49
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings49
Rows:
VANGUARD INDEX FDS
SOLEShares93.68K
TypeSH
Market value$58.75M
24.76%
Sole
0.00
Shared
0.00
None
93.68K
VANGUARD INDEX FDS
SOLEShares228.68K
TypeSH
Market value$47.82M
20.16%
Sole
0.00
Shared
0.00
None
228.68K
VANGUARD STAR FDS
SOLEShares502.30K
TypeSH
Market value$37.89M
15.97%
Sole
0.00
Shared
0.00
None
502.30K
VANGUARD BD INDEX FDS
SOLEShares430.07K
TypeSH
Market value$31.86M
13.43%
Sole
0.00
Shared
0.00
None
430.07K
VANGUARD TAX-MANAGED FDS
SOLEShares207.83K
TypeSH
Market value$12.98M
5.47%
Sole
0.00
Shared
0.00
None
207.83K
VANGUARD INDEX FDS
SOLEShares21.78K
TypeSH
Market value$7.30M
3.08%
Sole
0.00
Shared
0.00
None
21.78K
APPLE INC
SOLEShares14.39K
TypeSH
Market value$3.91M
1.65%
Sole
0.00
Shared
0.00
None
14.39K
INVESCO EXCH TRD SLF IDX FD
SOLEShares175.49K
TypeSH
Market value$3.44M
1.45%
Sole
0.00
Shared
0.00
None
175.49K
ISHARES TR
SOLEShares22.54K
TypeSH
Market value$3.35M
1.41%
Sole
0.00
Shared
0.00
None
22.54K
INVESCO EXCH TRD SLF IDX FD
SOLEShares159.59K
TypeSH
Market value$3.15M
1.33%
Sole
0.00
Shared
0.00
None
159.59K
ELI LILLY & CO
SOLEShares2.32K
TypeSH
Market value$2.49M
1.05%
Sole
0.00
Shared
0.00
None
2.32K
MICROSOFT CORP
SOLEShares3.76K
TypeSH
Market value$1.82M
0.77%
Sole
0.00
Shared
0.00
None
3.76K
AMAZON COM INC
SOLEShares7.88K
TypeSH
Market value$1.82M
0.77%
Sole
0.00
Shared
0.00
None
7.88K
INVESCO EXCH TRD SLF IDX FD
SOLEShares77.67K
TypeSH
Market value$1.60M
0.67%
Sole
0.00
Shared
0.00
None
77.67K
VANGUARD SCOTTSDALE FDS
SOLEShares22.66K
TypeSH
Market value$1.36M
0.57%
Sole
0.00
Shared
0.00
None
22.66K
TRANE TECHNOLOGIES PLC
SOLEShares3.35K
TypeSH
Market value$1.31M
0.55%
Sole
0.00
Shared
0.00
None
3.35K
ISHARES TR
SOLEShares1.64K
TypeSH
Market value$1.12M
0.47%
Sole
0.00
Shared
0.00
None
1.64K
VANGUARD INDEX FDS
SOLEShares2.26K
TypeSH
Market value$1.10M
0.46%
Sole
0.00
Shared
0.00
None
2.26K
VANGUARD MUN BD FDS
SOLEShares21.76K
TypeSH
Market value$1.09M
0.46%
Sole
0.00
Shared
0.00
None
21.76K
AMERICAN CENTY ETF TR
SOLEShares8.20K
TypeSH
Market value$836.6K
0.35%
Sole
0.00
Shared
0.00
None
8.20K
XPO INC
SOLEShares5.84K
TypeSH
Market value$794.3K
0.33%
Sole
0.00
Shared
0.00
None
5.84K
TYLER TECHNOLOGIES INC
SOLEShares1.65K
TypeSH
Market value$748.6K
0.32%
Sole
0.00
Shared
0.00
None
1.65K
NVIDIA CORPORATION
SOLEShares3.71K
TypeSH
Market value$691.0K
0.29%
Sole
0.00
Shared
0.00
None
3.71K
INVESCO EXCHANGE TRADED FD T
SOLEShares3.60K
TypeSH
Market value$689.3K
0.29%
Sole
0.00
Shared
0.00
None
3.60K
VANGUARD INDEX FDS
SOLEShares3.11K
TypeSH
Market value$593.4K
0.25%
Sole
0.00
Shared
0.00
None
3.11K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 93.68K | SH | $58.75M 24.76% | 0.00 | 0.00 | 93.68K |
VANGUARD INDEX FDSSOLE | EXTEND MKT ETF | 228.68K | SH | $47.82M 20.16% | 0.00 | 0.00 | 228.68K |
VANGUARD STAR FDSSOLE | VG TL INTL STK F | 502.30K | SH | $37.89M 15.97% | 0.00 | 0.00 | 502.30K |
VANGUARD BD INDEX FDSSOLE | TOTAL BND MRKT | 430.07K | SH | $31.86M 13.43% | 0.00 | 0.00 | 430.07K |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 207.83K | SH | $12.98M 5.47% | 0.00 | 0.00 | 207.83K |
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 21.78K | SH | $7.30M 3.08% | 0.00 | 0.00 | 21.78K |
APPLE INCSOLE | COM | 14.39K | SH | $3.91M 1.65% | 0.00 | 0.00 | 14.39K |
INVESCO EXCH TRD SLF IDX FDSOLE | BULSHS 2026 CB | 175.49K | SH | $3.44M 1.45% | 0.00 | 0.00 | 175.49K |
ISHARES TRSOLE | CORE S&P TTL STK | 22.54K | SH | $3.35M 1.41% | 0.00 | 0.00 | 22.54K |
INVESCO EXCH TRD SLF IDX FDSOLE | BULSHS 2027 CB | 159.59K | SH | $3.15M 1.33% | 0.00 | 0.00 | 159.59K |
ELI LILLY & COSOLE | COM | 2.32K | SH | $2.49M 1.05% | 0.00 | 0.00 | 2.32K |
MICROSOFT CORPSOLE | COM | 3.76K | SH | $1.82M 0.77% | 0.00 | 0.00 | 3.76K |
AMAZON COM INCSOLE | COM | 7.88K | SH | $1.82M 0.77% | 0.00 | 0.00 | 7.88K |
INVESCO EXCH TRD SLF IDX FDSOLE | INVSCO BLSH 28 | 77.67K | SH | $1.60M 0.67% | 0.00 | 0.00 | 77.67K |
VANGUARD SCOTTSDALE FDSSOLE | INTER TERM TREAS | 22.66K | SH | $1.36M 0.57% | 0.00 | 0.00 | 22.66K |
TRANE TECHNOLOGIES PLCSOLE | SHS | 3.35K | SH | $1.31M 0.55% | 0.00 | 0.00 | 3.35K |
ISHARES TRSOLE | CORE S&P500 ETF | 1.64K | SH | $1.12M 0.47% | 0.00 | 0.00 | 1.64K |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 2.26K | SH | $1.10M 0.46% | 0.00 | 0.00 | 2.26K |
VANGUARD MUN BD FDSSOLE | TAX EXEMPT BD | 21.76K | SH | $1.09M 0.46% | 0.00 | 0.00 | 21.76K |
AMERICAN CENTY ETF TRSOLE | US SML CP VALU | 8.20K | SH | $836.6K 0.35% | 0.00 | 0.00 | 8.20K |
XPO INCSOLE | COM | 5.84K | SH | $794.3K 0.33% | 0.00 | 0.00 | 5.84K |
TYLER TECHNOLOGIES INCSOLE | COM | 1.65K | SH | $748.6K 0.32% | 0.00 | 0.00 | 1.65K |
NVIDIA CORPORATIONSOLE | COM | 3.71K | SH | $691.0K 0.29% | 0.00 | 0.00 | 3.71K |
INVESCO EXCHANGE TRADED FD TSOLE | S&P500 EQL WGT | 3.60K | SH | $689.3K 0.29% | 0.00 | 0.00 | 3.60K |
VANGUARD INDEX FDSSOLE | VALUE ETF | 3.11K | SH | $593.4K 0.25% | 0.00 | 0.00 | 3.11K |
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