TFC FINANCIAL MANAGEMENT, INC.

Filed: 10/24/2025ACC: 0001398344-25-019713

📋 What this filing means

TFC FINANCIAL MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 996 equity positions with a total reported market value of $780.53M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

996

Positions

$780.53M

Total AUM (reported)

7.39M

Total Shares

Allocation by class

CORE S&P500 ETF$224.01M28.7%

CORE MSCI INTL$111.89M14.3%

COM$90.08M11.5%

1 3 YR TREAS BD$74.47M9.5%

CORE MSCI EMKT$50.98M6.5%

US QUALTY FCTR$45.27M5.8%

US MKTWIDE VALUE$41.63M5.3%

Portfolio Concentration

Top 3$410.37M52.6%

4–10$200.72M25.7%

11–25$71.19M9.1%

Rest$98.26M12.6%

Top 3 weight

52.6%

Top 10 weight

78.3%

Voting Authority Distribution

Total shares with voting rights: 7.39M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

7.39M

% of voting shares100.0%

Investment Discretion (by position count)

Sole996

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings996

Rows:

ISHARES TR

SOLE

CORE S&P500 ETF

Shares334.69K

TypeSH

Market value$224.01M

28.70%

Sole

0.00

Shared

0.00

None

334.69K

ISHARES TR

SOLE

CORE MSCI INTL

Shares1.40M

TypeSH

Market value$111.89M

14.33%

Sole

0.00

Shared

0.00

None

1.40M

ISHARES TR

SOLE

1 3 YR TREAS BD

Shares897.68K

TypeSH

Market value$74.47M

9.54%

Sole

0.00

Shared

0.00

None

897.68K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares773.33K

TypeSH

Market value$50.98M

6.53%

Sole

0.00

Shared

0.00

None

773.33K

J P MORGAN EXCHANGE TRADED F

SOLE

US QUALTY FCTR

Shares719.67K

TypeSH

Market value$45.27M

5.80%

Sole

0.00

Shared

0.00

None

719.67K

DIMENSIONAL ETF TRUST

SOLE

US MKTWIDE VALUE

Shares931.43K

TypeSH

Market value$41.63M

5.33%

Sole

0.00

Shared

0.00

None

931.43K

DIMENSIONAL ETF TRUST

SOLE

US TARGETED VLU

Shares428.89K

TypeSH

Market value$24.97M

3.20%

Sole

0.00

Shared

0.00

None

428.89K

VANGUARD INDEX FDS

SOLE

LARGE CAP ETF

Shares46.67K

TypeSH

Market value$14.37M

1.84%

Sole

0.00

Shared

0.00

None

46.67K

APPLE INC

SOLE

COM

Shares51.68K

TypeSH

Market value$13.16M

1.69%

Sole

0.00

Shared

0.00

None

51.68K

NUSHARES ETF TR

SOLE

NUVEEN ESG EMRGN

Shares289.97K

TypeSH

Market value$10.35M

1.33%

Sole

0.00

Shared

0.00

None

289.97K

JOHNSON & JOHNSON

SOLE

COM

Shares49.84K

TypeSH

Market value$9.24M

1.18%

Sole

0.00

Shared

0.00

None

49.84K

MICROSOFT CORP

SOLE

COM

Shares16.23K

TypeSH

Market value$8.41M

1.08%

Sole

0.00

Shared

0.00

None

16.23K

VANGUARD BD INDEX FDS

SOLE

SHORT TRM BOND

Shares103.14K

TypeSH

Market value$8.14M

1.04%

Sole

0.00

Shared

0.00

None

103.14K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares13.18K

TypeSH

Market value$6.63M

0.85%

Sole

0.00

Shared

0.00

None

13.18K

EXXON MOBIL CORP

SOLE

COM

Shares40.73K

TypeSH

Market value$4.59M

0.59%

Sole

0.00

Shared

0.00

None

40.73K

NVIDIA CORPORATION

SOLE

COM

Shares20.71K

TypeSH

Market value$3.86M

0.50%

Sole

0.00

Shared

0.00

None

20.71K

VANGUARD BD INDEX FDS

SOLE

TOTAL BND MRKT

Shares51.46K

TypeSH

Market value$3.83M

0.49%

Sole

0.00

Shared

0.00

None

51.46K

ISHARES TR

SOLE

CORE S&P TTL STK

Shares25.95K

TypeSH

Market value$3.78M

0.48%

Sole

0.00

Shared

0.00

None

25.95K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL A

Shares5.00

TypeSH

Market value$3.77M

0.48%

Sole

0.00

Shared

0.00

None

5.00

INTERNATIONAL BUSINESS MACHS

SOLE

COM

Shares12.97K

TypeSH

Market value$3.66M

0.47%

Sole

0.00

Shared

0.00

None

12.97K

TESLA INC

SOLE

COM

Shares7.47K

TypeSH

Market value$3.32M

0.43%

Sole

0.00

Shared

0.00

None

7.47K

MERCK & CO INC

SOLE

COM

Shares37.38K

TypeSH

Market value$3.14M

0.40%

Sole

0.00

Shared

0.00

None

37.38K

AMAZON COM INC

SOLE

COM

Shares13.73K

TypeSH

Market value$3.02M

0.39%

Sole

0.00

Shared

0.00

None

13.73K

ACCENTURE PLC IRELAND

SOLE

SHS CLASS A

Shares12.03K

TypeSH

Market value$2.97M

0.38%

Sole

0.00

Shared

0.00

None

12.03K

ISHARES TR

SOLE

RUS 1000 ETF

Shares7.76K

TypeSH

Market value$2.84M

0.36%

Sole

0.00

Shared

0.00

None

7.76K

Issuer	Class	Shares	Type	Value / Portfolio %	None
ISHARES TRSOLE	CORE S&P500 ETF	334.69K	SH	$224.01M 28.70%	334.69K
ISHARES TRSOLE	CORE MSCI INTL	1.40M	SH	$111.89M 14.33%	1.40M
ISHARES TRSOLE	1 3 YR TREAS BD	897.68K	SH	$74.47M 9.54%	897.68K
ISHARES INCSOLE	CORE MSCI EMKT	773.33K	SH	$50.98M 6.53%	773.33K
J P MORGAN EXCHANGE TRADED FSOLE	US QUALTY FCTR	719.67K	SH	$45.27M 5.80%	719.67K
DIMENSIONAL ETF TRUSTSOLE	US MKTWIDE VALUE	931.43K	SH	$41.63M 5.33%	931.43K
DIMENSIONAL ETF TRUSTSOLE	US TARGETED VLU	428.89K	SH	$24.97M 3.20%	428.89K
VANGUARD INDEX FDSSOLE	LARGE CAP ETF	46.67K	SH	$14.37M 1.84%	46.67K
APPLE INCSOLE	COM	51.68K	SH	$13.16M 1.69%	51.68K
NUSHARES ETF TRSOLE	NUVEEN ESG EMRGN	289.97K	SH	$10.35M 1.33%	289.97K
JOHNSON & JOHNSONSOLE	COM	49.84K	SH	$9.24M 1.18%	49.84K
MICROSOFT CORPSOLE	COM	16.23K	SH	$8.41M 1.08%	16.23K
VANGUARD BD INDEX FDSSOLE	SHORT TRM BOND	103.14K	SH	$8.14M 1.04%	103.14K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	13.18K	SH	$6.63M 0.85%	13.18K
EXXON MOBIL CORPSOLE	COM	40.73K	SH	$4.59M 0.59%	40.73K
NVIDIA CORPORATIONSOLE	COM	20.71K	SH	$3.86M 0.50%	20.71K
VANGUARD BD INDEX FDSSOLE	TOTAL BND MRKT	51.46K	SH	$3.83M 0.49%	51.46K
ISHARES TRSOLE	CORE S&P TTL STK	25.95K	SH	$3.78M 0.48%	25.95K
BERKSHIRE HATHAWAY INC DELSOLE	CL A	5.00	SH	$3.77M 0.48%	5.00
INTERNATIONAL BUSINESS MACHSSOLE	COM	12.97K	SH	$3.66M 0.47%	12.97K
TESLA INCSOLE	COM	7.47K	SH	$3.32M 0.43%	7.47K
MERCK & CO INCSOLE	COM	37.38K	SH	$3.14M 0.40%	37.38K
AMAZON COM INCSOLE	COM	13.73K	SH	$3.02M 0.39%	13.73K
ACCENTURE PLC IRELANDSOLE	SHS CLASS A	12.03K	SH	$2.97M 0.38%	12.03K
ISHARES TRSOLE	RUS 1000 ETF	7.76K	SH	$2.84M 0.36%	7.76K

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