TFG

Tilson Financial Group Portfolio holdings

AUM $253M

AUM

$253M

AUM Growth

+$7.68M (+3%)

Cap. Flow

+$10.7M

Cap. Flow % of AUM

4.22%

Top 10 Holdings %Top 10 Hldgs %

60.95%

Holding

New

Increased

Reduced

Closed

Top Buys

1	Dimensional US Large Cap Value ETF DFLV	$4.21M
2	Vanguard Growth ETF VUG	$3.52M
3	Vanguard Core Bond ETF VCRB	$3M
4	Vanguard Tax-Exempt Bond Index Fund VTEB	$982K
5	Dimensional International Core Equity 2 ETF DFIC	$820K

Top Sells

1	Vanguard FTSE Developed Markets ETF VEA	$4.77M
2	SPDR Portfolio Developed World ex-US ETF SPDW	$301K
3	iShares S&P 500 Growth ETF IVW	$240K
4	SPDR S&P 500 ETF Trust SPY	$221K
5	SPDR Portfolio S&P 500 Growth ETF SPYG	$172K

Sector Composition

1	Energy	1.61%
2	Technology	1.22%
3	Industrials	1%
4	Healthcare	0.63%
5	Financials	0.58%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Vanguard Core Bond ETF VCRB $2.92B	$33.6M	13.28%	433,429 +38,745	+10%	+$3M
2	2 Vanguard Growth ETF VUG $168B	$26.2M	10.36%	70,633 +9,483	+16%	+$3.52M
3	3 Dimensional US Large Cap Value ETF DFLV $3.44B	$23.1M	9.14%	755,688 +137,724	+22%	+$4.21M
4	4 Dimensional US Small Cap ETF DFAS $9.98B	$17.4M	6.9%	291,868 +9,208	+3%	+$550K
5	5 Vanguard Tax-Exempt Bond Index Fund VTEB $35.4B	$11.4M	4.53%	230,640 +19,794	+9%	+$982K
6	6 SPDR Portfolio Intermediate Term Treasury ETF SPTI $8.76B	$9.89M	3.91%	345,912 +14,557	+4%	+$416K
7	7 SPDR Portfolio Short Term Treasury ETF SPTS $5.72B	$8.67M	3.43%	296,475 +6,837	+2%	+$200K
8	8 Vanguard FTSE Developed Markets ETF VEA $160B	$8.38M	3.31%	164,796 -93,807	-36%	-$4.77M
9	9 Vanguard High Dividend Yield ETF VYM $59.5B	$7.74M	3.06%	60,046 +702	+1%	+$90.5K
10	10 SPDR SSGA Multi-Asset Real Return ETF RLY $494M	$7.65M	3.03%	267,942 +9,089	+4%	+$259K
11	11 iShares S&P 500 Growth ETF IVW $57.6B	$7.22M	2.86%	77,757 -2,588	-3%	-$240K
12	12 Dimensional International Core Equity 2 ETF DFIC $9.34B	$6.23M	2.46%	224,179 +29,547	+15%	+$820K
13	13 Dimensional Emerging Markets Core Equity 2 ETF DFEM $5.29B	$6.17M	2.44%	233,347 +18,339	+9%	+$485K
14	14 Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP $14.9B	$5.83M	2.31%	116,846 +2,241	+2%	+$112K
15	15 Dimensional Global Real Estate ETF DFGR $2.46B	$5.51M	2.18%	209,829 +9,779	+5%	+$257K
16	16 SPDR S&P 500 ETF Trust SPY $635B	$4.91M	1.94%	8,784 -395	-4%	-$221K
17	17 SPDR Portfolio S&P 500 ETF SPLG $68.6B	$4.81M	1.9%	73,110 +6,145	+9%	+$404K
18	18 Exxon Mobil XOM $449B	$4.07M	1.61%	34,182 +618	+2%	+$73.5K
19	19 Dimensional International Value ETF DFIV $11.7B	$4.05M	1.6%	102,811 +3,854	+4%	+$152K
20	20 Dimensional International Small Cap ETF DFIS $2.87B	$3.73M	1.47%	144,236 +5,958	+4%	+$154K
21	21 iShares S&P 500 Value ETF IVE $38.2B	$3.58M	1.42%	18,779 +97	+0.5%	+$18.5K
22	22 iShares National Muni Bond ETF MUB $38.5B	$3.4M	1.35%	32,279 +1,129	+4%	+$119K
23	23 SPDR Nuveen ICE Short Term Municipal Bond ETF SHM $3.39B	$2.62M	1.03%	54,930 +8	+0%	+$381
24	24 United Parcel Service UPS $83.2B	$2.52M	1%	22,894 -15	-0.1%	-$1.65K
25	25 iShares Russell 1000 Growth ETF IWF $107B	$2.5M	0.99%	6,918	–	–