TILSON FINANCIAL GROUP, INC.

Filed: 10/22/2025ACC: 0001964820-25-000007

📋 What this filing means

TILSON FINANCIAL GROUP, INC. filed this quarterly 13F‑HR report disclosing 77 equity positions with a total reported market value of $304.32M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$304.32M

Total AUM (reported)

5.09M

Total Shares

Allocation by class

CORE BD ETF$36.17M11.9%

GROWTH ETF$33.10M10.9%

US LARGE CAP VAL$24.28M8.0%

US SMALL CAP ETF$20.16M6.6%

COM$16.31M5.4%

EATON VANCE SHOR$14.80M4.9%

PORTFLI INTRMDIT$10.30M3.4%

Portfolio Concentration

Top 3$93.55M30.7%

4–10$81.65M26.8%

11–25$90.16M29.6%

Rest$38.96M12.8%

Top 3 weight

30.7%

Top 10 weight

57.6%

Voting Authority Distribution

Total shares with voting rights: 5.09M

Sole

Full voting authority

5.09M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole77

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings77

Rows:

VANGUARD MALVERN FDS

SOLE

CORE BD ETF

Shares461.27K

TypeSH

Market value$36.17M

11.89%

Sole

461.27K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares69.01K

TypeSH

Market value$33.10M

10.88%

Sole

69.01K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

US LARGE CAP VAL

Shares737.97K

TypeSH

Market value$24.28M

7.98%

Sole

737.97K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

US SMALL CAP ETF

Shares294.45K

TypeSH

Market value$20.16M

6.62%

Sole

294.45K

Shared

0.00

None

0.00

MORGAN STANLEY ETF TRUST

SOLE

EATON VANCE SHOR

Shares287.83K

TypeSH

Market value$14.80M

4.86%

Sole

287.83K

Shared

0.00

None

0.00

SPDR SERIES TRUST

SOLE

PORTFLI INTRMDIT

Shares356.43K

TypeSH

Market value$10.30M

3.38%

Sole

356.43K

Shared

0.00

None

0.00

ISHARES TR

SOLE

S&P 500 GRWT ETF

Shares82.71K

TypeSH

Market value$9.98M

3.28%

Sole

82.71K

Shared

0.00

None

0.00

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares148.74K

TypeSH

Market value$8.91M

2.93%

Sole

148.74K

Shared

0.00

None

0.00

SPDR SERIES TRUST

SOLE

PORTFOLIO SH TSR

Shares303.87K

TypeSH

Market value$8.91M

2.93%

Sole

303.87K

Shared

0.00

None

0.00

MORGAN STANLEY ETF TRUST

SOLE

EATON VANCE SHRT

Shares170.34K

TypeSH

Market value$8.59M

2.82%

Sole

170.34K

Shared

0.00

None

0.00

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares60.57K

TypeSH

Market value$8.54M

2.81%

Sole

60.57K

Shared

0.00

None

0.00

SSGA ACTIVE ETF TR

SOLE

MULT ASS RLRTN

Shares268.66K

TypeSH

Market value$8.30M

2.73%

Sole

268.66K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

EMERGING MKTS CO

Shares253.37K

TypeSH

Market value$8.13M

2.67%

Sole

253.37K

Shared

0.00

None

0.00

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares150.53K

TypeSH

Market value$7.54M

2.48%

Sole

150.53K

Shared

0.00

None

0.00

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares68.34K

TypeSH

Market value$7.28M

2.39%

Sole

68.34K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

INTL CORE EQUITY

Shares188.16K

TypeSH

Market value$6.17M

2.03%

Sole

188.16K

Shared

0.00

None

0.00

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares114.64K

TypeSH

Market value$5.80M

1.91%

Sole

114.64K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

GLOBAL REAL EST

Shares209.11K

TypeSH

Market value$5.71M

1.88%

Sole

209.11K

Shared

0.00

None

0.00

ISHARES TR

SOLE

S&P 500 VAL ETF

Shares27.45K

TypeSH

Market value$5.67M

1.86%

Sole

27.45K

Shared

0.00

None

0.00

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares8.46K

TypeSH

Market value$5.64M

1.85%

Sole

8.46K

Shared

0.00

None

0.00

SPDR SERIES TRUST

SOLE

PORTFOLIO S&P500

Shares67.90K

TypeSH

Market value$5.32M

1.75%

Sole

67.90K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

INTL SMALL CAP E

Shares140.53K

TypeSH

Market value$4.44M

1.46%

Sole

140.53K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

INTERNATNAL VAL

Shares95.94K

TypeSH

Market value$4.42M

1.45%

Sole

95.94K

Shared

0.00

None

0.00

EXXON MOBIL CORP

SOLE

COM

Shares35.07K

TypeSH

Market value$3.95M

1.30%

Sole

35.07K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares27.37K

TypeSH

Market value$3.25M

1.07%

Sole

27.37K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
VANGUARD MALVERN FDSSOLE	CORE BD ETF	461.27K	SH	$36.17M 11.89%	461.27K
VANGUARD INDEX FDSSOLE	GROWTH ETF	69.01K	SH	$33.10M 10.88%	69.01K
DIMENSIONAL ETF TRUSTSOLE	US LARGE CAP VAL	737.97K	SH	$24.28M 7.98%	737.97K
DIMENSIONAL ETF TRUSTSOLE	US SMALL CAP ETF	294.45K	SH	$20.16M 6.62%	294.45K
MORGAN STANLEY ETF TRUSTSOLE	EATON VANCE SHOR	287.83K	SH	$14.80M 4.86%	287.83K
SPDR SERIES TRUSTSOLE	PORTFLI INTRMDIT	356.43K	SH	$10.30M 3.38%	356.43K
ISHARES TRSOLE	S&P 500 GRWT ETF	82.71K	SH	$9.98M 3.28%	82.71K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	148.74K	SH	$8.91M 2.93%	148.74K
SPDR SERIES TRUSTSOLE	PORTFOLIO SH TSR	303.87K	SH	$8.91M 2.93%	303.87K
MORGAN STANLEY ETF TRUSTSOLE	EATON VANCE SHRT	170.34K	SH	$8.59M 2.82%	170.34K
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	60.57K	SH	$8.54M 2.81%	60.57K
SSGA ACTIVE ETF TRSOLE	MULT ASS RLRTN	268.66K	SH	$8.30M 2.73%	268.66K
DIMENSIONAL ETF TRUSTSOLE	EMERGING MKTS CO	253.37K	SH	$8.13M 2.67%	253.37K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	150.53K	SH	$7.54M 2.48%	150.53K
ISHARES TRSOLE	NATIONAL MUN ETF	68.34K	SH	$7.28M 2.39%	68.34K
DIMENSIONAL ETF TRUSTSOLE	INTL CORE EQUITY	188.16K	SH	$6.17M 2.03%	188.16K
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	114.64K	SH	$5.80M 1.91%	114.64K
DIMENSIONAL ETF TRUSTSOLE	GLOBAL REAL EST	209.11K	SH	$5.71M 1.88%	209.11K
ISHARES TRSOLE	S&P 500 VAL ETF	27.45K	SH	$5.67M 1.86%	27.45K
SPDR S&P 500 ETF TRSOLE	TR UNIT	8.46K	SH	$5.64M 1.85%	8.46K
SPDR SERIES TRUSTSOLE	PORTFOLIO S&P500	67.90K	SH	$5.32M 1.75%	67.90K
DIMENSIONAL ETF TRUSTSOLE	INTL SMALL CAP E	140.53K	SH	$4.44M 1.46%	140.53K
DIMENSIONAL ETF TRUSTSOLE	INTERNATNAL VAL	95.94K	SH	$4.42M 1.45%	95.94K
EXXON MOBIL CORPSOLE	COM	35.07K	SH	$3.95M 1.30%	35.07K
ISHARES TRSOLE	CORE S&P SCP ETF	27.37K	SH	$3.25M 1.07%	27.37K

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