Managers / Q2 2025 · view latest →
TSFG, LLC
CIK 0001800513 · 1052 N WESTERN AVE, LAKE FOREST, IL, 60045 · 847-735-7100
Reported Value
$553M
Q2 2025
Positions
853
Filings on Record
29
2019–present window
Filed
Aug 5, 2025
original filing
Summary
Tsfg, LLC reported $553M in U.S.-listed holdings across 853 positions for Q2 2025.
Its largest position, IWF, represents 7.4% of the portfolio.
Compared with Q1 2025, the fund opened 40 new positions and exited 44.
Portfolio Metrics
Turnover
+8.6%
vs prior filed quarter
Top-10 Concentration
+46.7%
share of reported value
Largest Position
+7.4%
Ishares Russell
New / Exited
40 / 44
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- ETP · 75.1% · $415M
- Common Stock · 24.4% · $135M
- ADR · 0.3% · $2M
- REIT · 0.1% · $565,000
- Closed-End Fund · 0.1% · $534,000
- Other · 0.0% · $172,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CAPITAL GROUP | NEW | +257.1K | 257.1K | +$7M | $7M |
| IAGGISHARES CORE | NEW | +115.4K | 115.4K | +$6M | $6M |
| XLGINVESCO S&P | NEW | +96.0K | 96.0K | +$5M | $5M |
| ISHARES U S | NEW | +139.4K | 139.4K | +$5M | $5M |
| PWRDTCW TR | NEW | +46.3K | 46.3K | +$4M | $4M |
| ISHARES A I | NEW | +138.4K | 138.4K | +$4M | $4M |
| FLXRTCW FLEXIBLE | NEW | +100.5K | 100.5K | +$4M | $4M |
| LGOVFIRST TRUST | NEW | +177.6K | 177.6K | +$4M | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
401 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IWFISHARES RUSSELL | MF Closed and MF Open | 7.41% | $41M | 123.1K |
| 2 | SPYGSPDR PORTFOLIO | MF Closed and MF Open | 6.29% | $35M | 610.6K |
| 3 | IEMGISHARES CORE | MF Closed and MF Open | 6.06% | $33M | 486.5K |
| 4 | DYNFISHARES U S | MF Closed and MF Open | 4.82% | $27M | 537.2K |
| 5 | SPHQINVESCO S&P | MF Closed and MF Open | 4.22% | $23M | 348.8K |
| 6 | ABBVABBVIE INChistory → | Common Stock | 4.04% | $22M | 120.2K |
| 7 | VTIVANGUARD TOTAL | MF Closed and MF Open | 3.66% | $20M | 72.9K |
| 8 | XLKTECHNOLOGY SELECThistory → | MF Closed and MF Open | 3.57% | $20M | 77.8K |
| 9 | QUALISHARES MSCI | MF Closed and MF Open | 3.39% | $19M | 112.3K |
| 10 | VOOVANGUARD S&P | MF Closed and MF Open | 3.23% | $18M | 31.4K |
| 11 | ABTABBOTT LABORATORIEShistory → | Common Stock | 2.64% | $15M | 107.3K |
| 12 | SPYSPDR S&P | MF Closed and MF Open | 2.59% | $14M | 23.5K |
| 13 | AAPLAPPLE INChistory → | Common Stock | 2.22% | $12M | 59.9K |
| 14 | SPTISPDR INTERMEDIATEhistory → | MF Closed and MF Open | 2.22% | $12M | 426.5K |
| 15 | SPDR AGGREGATE | MF Closed and MF Open | 2.08% | $11M | 447.9K |
| 16 | QQQINVESCO QQQhistory → | MF Closed and MF Open | 1.85% | $10M | 18.6K |
| 17 | NVDANVIDIA CORPhistory → | Common Stock | 1.80% | $10M | 63.0K |
| 18 | JPMORGAN US | MF Closed and MF Open | 1.68% | $9M | 154.5K |
| 19 | AMZNAMAZON COMhistory → | Common Stock | 1.62% | $9M | 40.7K |
| 20 | XTRACKERS | MF Closed and MF Open | 1.52% | $8M | 290.3K |
| 21 | LGOVFIRST TRUST | MF Closed and MF Open | 1.45% | $8M | 296.2K |
| 22 | VOVANGUARD MID | MF Closed and MF Open | 1.32% | $7M | 26.6K |
| 23 | IAUISHARES GOLDhistory → | Common Stock | 1.28% | $7M | 113.0K |
| 24 | CAPITAL GROUP | MF Closed and MF Open | 1.22% | $7M | 257.1K |
| 25 | BINCISHARES FLEXIBLEhistory → | MF Closed and MF Open | 1.16% | $6M | 121.0K |
| 26 | EWEDWARDS LIFESCIENCEShistory → | Common Stock | 1.02% | $6M | 72.1K |
| 27 | VTVVANGUARD VALUEhistory → | MF Closed and MF Open | 1.01% | $6M | 31.5K |
| 28 | MSFTMICROSOFT CORP | Common Stock | 0.98% | $5M | 10.9K |
| 29 | FBNDFIDELITY TOTAL | MF Closed and MF Open | 0.96% | $5M | 116.5K |
| 30 | IVEISHARES S&P | MF Closed and MF Open | 0.88% | $5M | 34.1K |
| 31 | SPDR MORTGAGE | MF Closed and MF Open | 0.85% | $5M | 212.9K |
| 32 | PWRDTCW TR | MF Closed and MF Open | 0.76% | $4M | 46.3K |
| 33 | TSLATESLA INC | Common Stock | 0.73% | $4M | 12.7K |
| 34 | ISHARES A I | MF Closed and MF Open | 0.72% | $4M | 138.4K |
| 35 | FLXRTCW FLEXIBLE | MF Closed and MF Open | 0.72% | $4M | 100.5K |
| 36 | IQDGWISDOMTREE INTL | MF Closed and MF Open | 0.67% | $4M | 94.0K |
| 37 | GOOGALPHABET INC | Common Stock | 0.62% | $3M | 19.5K |
| 38 | NYLI FTSE | MF Closed and MF Open | 0.59% | $3M | 111.4K |
| 39 | VGTVANGUARD INFORMATION | MF Closed and MF Open | 0.49% | $3M | 4.1K |
| 40 | BRK/BBERKSHIRE HATHAWAY | Common Stock | 0.47% | $3M | 5.3K |
| 41 | BAXBAXTER INTL | Common Stock | 0.44% | $2M | 80.1K |
| 42 | SMHVANECK SEMICONDUCTOR | MF Closed and MF Open | 0.43% | $2M | 8.5K |
| 43 | GBTCGRAYSCALE BITCOIN | Common Stock | 0.42% | $2M | 29.5K |
| 44 | ISHARES INTL | MF Closed and MF Open | 0.37% | $2M | 74.2K |
| 45 | CRMSALESFORCE INC | Common Stock | 0.36% | $2M | 7.2K |
| 46 | IBITISHARES BITCOIN | MF Closed and MF Open | 0.30% | $2M | 27.4K |
| 47 | NFLXNETFLIX INC | Common Stock | 0.28% | $2M | 1.2K |
| 48 | XLVHEALTHCARE SELECT | MF Closed and MF Open | 0.28% | $2M | 11.3K |
| 49 | CAHCARDINAL HEALTH | Common Stock | 0.26% | $1M | 8.6K |
| 50 | SPDR RUSSELL | MF Closed and MF Open | 0.25% | $1M | 10.8K |
| 51 | VVVANGUARD LARGE | MF Closed and MF Open | 0.25% | $1M | 4.8K |
| 52 | EXMOCEXXON MOBIL | Common Stock | 0.24% | $1M | 12.5K |
| 53 | METAMETA PLATFORMS | Common Stock | 0.24% | $1M | 1.8K |
| 54 | VBKVANGUARD SMALL | MF Closed and MF Open | 0.24% | $1M | 5.6K |
| 55 | XLFFINANCIAL SELECT | MF Closed and MF Open | 0.24% | $1M | 24.9K |
| 56 | CEGCONSTELLATION ENERGY | Common Stock | 0.23% | $1M | 4.0K |
| 57 | WMTWALMART INC | Common Stock | 0.22% | $1M | 12.6K |
| 58 | XLIINDUSTRIAL SELECT | MF Closed and MF Open | 0.22% | $1M | 8.2K |
| 59 | VIGVANGUARD DIVIDEND | MF Closed and MF Open | 0.21% | $1M | 5.7K |
| 60 | VUGVANGUARD GROWTH | MF Closed and MF Open | 0.21% | $1M | 2.6K |
| 61 | JPMJPMORGAN CHASE | Common Stock | 0.21% | $1M | 4.0K |
| 62 | COSTCOSTCO WHOLESALE | Common Stock | 0.20% | $1M | 1.1K |
| 63 | GLDSPDR GOLD | Common Stock | 0.20% | $1M | 3.6K |
| 64 | EMBISHARES JPMORGAN | MF Closed and MF Open | 0.20% | $1M | 11.7K |
| 65 | CVSCVS HEALTH | Common Stock | 0.19% | $1M | 15.5K |
| 66 | MCDMCDONALDS CORP | Common Stock | 0.17% | $917,000 | 3.1K |
| 67 | MUBISHARES NATIONAL | MF Closed and MF Open | 0.16% | $870,000 | 8.3K |
| 68 | PKWINVESCO BUYBACK | MF Closed and MF Open | 0.16% | $865,000 | 7.0K |
| 69 | PLTRPALANTIR TECHNOLOGIES | Common Stock | 0.14% | $759,000 | 5.6K |
| 70 | ISRGINTUITIVE SURGICAL | Common Stock | 0.14% | $750,000 | 1.4K |
| 71 | PGPROCTER & GAMBLE | Common Stock | 0.13% | $738,000 | 4.6K |
| 72 | SCHDSCHWAB US | MF Closed and MF Open | 0.13% | $712,000 | 26.6K |
| 73 | ICSHISHARES ULTRA | MF Closed and MF Open | 0.13% | $709,000 | 14.0K |
| 74 | LGLVSPDR SSGA | MF Closed and MF Open | 0.12% | $649,000 | 3.7K |
| 75 | MSTRMICROSTRATEGY INC | Common Stock | 0.12% | $637,000 | 1.6K |
| 76 | TCAFT ROWE | MF Closed and MF Open | 0.11% | $626,000 | 17.7K |
| 77 | SNOWSNOWFLAKE INC | Common Stock | 0.11% | $600,000 | 2.7K |
| 78 | LLYELI LILLY | Common Stock | 0.11% | $584,000 | 749 |
| 79 | CVXCHEVRON CORP | Common Stock | 0.10% | $559,000 | 3.9K |
| 80 | PMPHILIP MORRIS | Common Stock | 0.10% | $536,000 | 2.9K |
| 81 | CTASCINTAS CORP | Common Stock | 0.10% | $535,000 | 2.4K |
| 82 | VCITVANGUARD INTERMEDIATE | MF Closed and MF Open | 0.10% | $531,000 | 6.4K |
| 83 | GRWTCW COMPOUNDERS | MF Closed and MF Open | 0.10% | $525,000 | 15.0K |
| 84 | EXCEXELON CORP | Common Stock | 0.09% | $521,000 | 12.0K |
| 85 | FFORD MOTOR | Common Stock | 0.09% | $509,000 | 46.9K |
| 86 | SOXXISHARES SEMICONDUCTOR | MF Closed and MF Open | 0.09% | $487,000 | 2.0K |
| 87 | JNJJOHNSON & JOHNSON | Common Stock | 0.09% | $475,000 | 3.1K |
| 88 | ORCLORACLE CORP | Common Stock | 0.08% | $459,000 | 2.1K |
| 89 | XLEENERGY SELECT | MF Closed and MF Open | 0.08% | $457,000 | 5.4K |
| 90 | GSGOLDMAN SACHS | Common Stock | 0.08% | $454,000 | 641 |
| 91 | ARMARM HOLDINGS | Common Stock | 0.08% | $431,000 | 2.7K |
| 92 | SDYSPDR SERIES | MF Closed and MF Open | 0.08% | $429,000 | 3.3K |
| 93 | DISWALT DISNEY | Common Stock | 0.07% | $412,000 | 3.3K |
| 94 | HONHONEYWELL INTL | Common Stock | 0.07% | $410,000 | 1.8K |
| 95 | IEIISHARES 3-7YR | MF Closed and MF Open | 0.07% | $393,000 | 3.3K |
| 96 | CSCOCISCO SYSTEMS | Common Stock | 0.07% | $393,000 | 5.7K |
| 97 | STIPISHARES 0-5 | MF Closed and MF Open | 0.07% | $390,000 | 3.8K |
| 98 | SUBISHARES SHORT | MF Closed and MF Open | 0.07% | $390,000 | 4.1K |
| 99 | SBUXSTARBUCKS CORP | Common Stock | 0.07% | $389,000 | 4.2K |
| 100 | BACBANK AMERICA | Common Stock | 0.06% | $356,000 | 7.5K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $659M | 866 | Apr 27, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $669M | 856 | Feb 4, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $629M | 872 | Nov 4, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $553M | 853 | Aug 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $489M | 857 | Apr 24, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $487M | 785 | Jan 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $458M | 819 | Oct 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $428M | 803 | Jul 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $397M | 797 | Apr 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $317M | 930 | Jan 24, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $281M | 1,043 | Oct 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $268M | 1,043 | Jul 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $270M | 1,010 | Apr 21, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $252M | 1,066 | Jan 19, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $214M | 1,017 | Oct 20, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $233M | 1,034 | Jul 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $276M | 997 | Apr 25, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $287M | 924 | Feb 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $256M | 890 | Oct 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $248M | 872 | Jul 19, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $197M | 777 | Apr 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $187M | 904 | Jan 20, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $168M | 862 | Oct 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $151M | 853 | Jul 7, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $112M | 836 | Apr 8, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $135M | 823 | Jan 27, 2020 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.