SEC 13F Intelligence

Managers / Q4 2022 · view latest →

TFG Advisers LLC

CIK 0001806473 · 3121 UNIVERSITY DRIVE, SUITE 100, AUBURN HILLS, MI, 48326 · 248-724-0090

Reported Value
$195M
Q4 2022
Positions
193
Filings on Record
27
2019–present window
Filed
Feb 1, 2023
original filing

Summary

Tfg Advisers LLC reported $195M in U.S.-listed holdings across 193 positions for Q4 2022.

Its largest position, AAPL, represents 5.4% of the portfolio.

Compared with Q3 2022, the fund opened 8 new positions and exited 5.

Portfolio Metrics

Turnover
+2.7%
vs prior filed quarter
Top-10 Concentration
+32.1%
share of reported value
Largest Position
+5.4%
Apple
New / Exited
8 / 5
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
Q1 ’20: $151MQ1 ’20Q2 ’20: $154MQ3 ’20: $173MQ4 ’20: $191MQ4 ’20Q1 ’21: $194MQ2 ’21: $207MQ3 ’21: $206MQ3 ’21Q4 ’21: $229MQ1 ’22: $218MQ2 ’22: $188MQ2 ’22Q3 ’22: $179MQ4 ’22: $195MQ1 ’23: $207MQ1 ’23Q2 ’23: $220MQ3 ’23: $213MQ4 ’23: $238MQ4 ’23Q1 ’24: $256MQ2 ’24: $258MQ3 ’24: $278MQ3 ’24Q4 ’24: $278MQ1 ’25: $276MQ2 ’25: $292MQ2 ’25filingsflow.com

Portfolio Composition

By security type
Common Stock: 71.4%ETP: 21.7%REIT: 4.3%Closed-End Fund: 1.7%Other: 0.5%ADR: 0.4%
  • Common Stock · 71.4% · $139M
  • ETP · 21.7% · $42M
  • REIT · 4.3% · $8M
  • Closed-End Fund · 1.7% · $3M
  • Other · 0.5% · $891,227
  • ADR · 0.4% · $860,401

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MRKMERCK & CO INCNEW+3.0K3.0K+$327,412$327,412
VLOVALERO ENERGY CORPNEW+2.5K2.5K+$322,441$322,441
EOGEOG RES INCNEW+1.7K1.7K+$213,938$213,938
OMCOMNICOM GROUP INCNEW+2.6K2.6K+$210,508$210,508
SPMDSPDR SER TRNEW+4.9K4.9K+$209,093$209,093
AMGNAMGEN INCNEW+796796+$208,159$208,159
EMREMERSON ELEC CONEW+2.1K2.1K+$202,348$202,348
DEDEERE & CONEW+467467+$200,380$200,380

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2022

155 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.40%$11M81.0K
2PFFISHARES TRPFD AND INCM SEC · S&P 100 ETF · CORE S&P SCP ETF · CORE S&P MCP ETF · IBOXX INV CP ETF · MSCI EAFE ETF · RUSSELL 2000 ETF · U.S. TECH ETF · RUS MDCP VAL ETF · 3 7 YR TREAS BD · 7-10 YR TRSY BD · INTL SEL DIV ETF · TIPS BD ETF · CORE S&P500 ETF · RUS MID CAP ETF · RUS 2000 GRW ETF5.08%$10M141.4K
3MSFTMICROSOFT CORPhistory →COM3.90%$8M31.7K
4CWBSPDR SER TRBBG CONV SEC ETF · S&P 600 SML CAP · S&P DIVID ETF · PORTFOLIO S&P500 · PORTFOLIO S&P4003.50%$7M95.1K
5ADPAUTOMATIC DATA PROCESSING INhistory →COM3.32%$6M27.1K
6DONWISDOMTREE TRUS MIDCAP DIVID · US SMALLCAP DIVD · GLB US QTLY DIV · EUROPE SMCP DV2.56%$5M139.1K
7JPMJPMORGAN CHASE & COhistory →COM2.33%$5M33.9K
8UNHUNITEDHEALTH GROUP INChistory →COM2.12%$4M7.8K
9COSTCOSTCO WHSL CORP NEWhistory →COM2.05%$4M8.8K
10AMTAMERICAN TOWER CORP NEWhistory →COM1.87%$4M17.2K
11NEENEXTERA ENERGY INChistory →COM1.75%$3M40.7K
12UNPUNION PAC CORPhistory →COM1.73%$3M16.3K
13VBVANGUARD INDEX FDSSMALL CP ETF · MID CAP ETF · GROWTH ETF · TOTAL STK MKT · SM CP VAL ETF · SML CP GRW ETF1.63%$3M16.6K
14PGPROCTER AND GAMBLE COhistory →COM1.62%$3M20.9K
15CVXCHEVRON CORP NEWhistory →COM1.62%$3M17.5K
16JNJJOHNSON & JOHNSONhistory →COM1.60%$3M17.7K
17PEPPEPSICO INChistory →COM1.59%$3M17.1K
18FXLFIRST TR EXCHANGE TRADED FDTECH ALPHADEX · NASD TECH DIV · NY ARCA BIOTECH · DJ INTERNT IDX · FST LOW OPPT EFT · DJ GLBL DIVID · HLTH CARE ALPH · FINLS ALPHADEX1.59%$3M51.1K
19AMZNAMAZON COM INChistory →COM1.56%$3M36.3K
20SYKSTRYKER CORPORATIONhistory →COM1.56%$3M12.4K
21ABBVABBVIE INChistory →COM1.47%$3M17.7K
22WPCWP CAREY INChistory →COM1.36%$3M33.9K
23VVISA INChistory →COM CL A1.24%$2M11.6K
24HDHOME DEPOT INChistory →COM1.23%$2M7.6K
25FVDFIRST TR VALUE LINE DIVID INhistory →SHS1.21%$2M59.3K
26PIDINVESCO EXCHANGE TRADED FD TINTL DIVI ACHI · S&P500 EQL STP · S&P500 EQL HLT1.16%$2M76.6K
27AEPAMERICAN ELEC PWR CO INChistory →COM1.10%$2M22.7K
28WTRGESSENTIAL UTILS INChistory →COM1.09%$2M44.6K
29ITWILLINOIS TOOL WKS INChistory →COM1.03%$2M9.1K
30SOSOUTHERN COCOM0.97%$2M26.5K
31FCTFIRST TR SR FLTG RATE INCOMECOM0.93%$2M190.5K
32MCHPMICROCHIP TECHNOLOGY INC.COM0.92%$2M25.6K
33EXMOCEXXON MOBIL CORPCOM0.87%$2M15.5K
34GOOGLALPHABET INCCAP STK CL A0.87%$2M19.2K
35NSCNORFOLK SOUTHN CORPCOM0.86%$2M6.8K
36VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.75%$1M9.7K
37KOCOCA COLA COCOM0.74%$1M22.8K
38MCDMCDONALDS CORPCOM0.72%$1M5.3K
39LMTLOCKHEED MARTIN CORPCOM0.70%$1M2.8K
40SRLNSSGA ACTIVE ETF TRBLACKSTONE SENR0.68%$1M32.6K
41UPSUNITED PARCEL SERVICE INCCL B0.65%$1M7.3K
42LHXL3HARRIS TECHNOLOGIES INCCOM0.65%$1M6.0K
43CMICUMMINS INCCOM0.62%$1M5.0K
44QCOMQUALCOMM INCCOM0.62%$1M10.9K
45PCEFINVESCO EXCH TRADED FD TR IIS&P500 LOW VOL · CEF INM COMPSI0.62%$1M30.8K
46AWKAMERICAN WTR WKS CO INC NEWCOM0.61%$1M7.9K
47PRUPRUDENTIAL FINL INCCOM0.61%$1M11.9K
48HONHONEYWELL INTL INCCOM0.60%$1M5.4K
49NKENIKE INCCL B0.59%$1M9.8K
50SWKSSKYWORKS SOLUTIONS INCCOM0.58%$1M12.4K
51LLYLILLY ELI & COCOM0.57%$1M3.1K
52CBCHUBB LIMITEDCOM0.57%$1M5.0K
53NVDANVIDIA CORPORATIONCOM0.55%$1M7.4K
54GISGENERAL MLS INCCOM0.53%$1M12.3K
55BABOEING COCOM0.52%$1M5.3K
56DDOMINION ENERGY INCCOM0.51%$995,72816.2K
57CSCOCISCO SYS INCCOM0.50%$979,23920.6K
58ANGLVANECK ETF TRUSTFALLEN ANGEL HG0.45%$872,73032.3K
59LINDE PLCSHS0.44%$859,3662.6K
60QTECFIRST TR NASDAQ 100 TECH INDSHS0.44%$851,5248.1K
61OREALTY INCOME CORPCOM0.42%$823,62813.0K
62DPZDOMINOS PIZZA INCCOM0.39%$767,4072.2K
63FDXFEDEX CORPCOM0.39%$754,9194.4K
64DTEDTE ENERGY COCOM0.38%$738,2536.3K
65ZTSZOETIS INCCL A0.37%$713,6074.9K
66MINTPIMCO ETF TRENHAN SHRT MA AC · 0-5 HIGH YIELD0.36%$705,2157.5K
67FCXFREEPORT-MCMORAN INCCL B0.36%$704,07218.5K
68IRMIRON MTN INC DELCOM0.36%$703,36014.1K
69IBMINTERNATIONAL BUSINESS MACHSCOM0.35%$682,2674.8K
70KMIKINDER MORGAN INC DELCOM0.35%$679,37237.6K
71DISDISNEY WALT COCOM0.35%$678,9337.8K
72VZVERIZON COMMUNICATIONS INCCOM0.35%$678,00417.2K
73DDDUPONT DE NEMOURS INCCOM0.35%$676,8559.9K
74MAMASTERCARD INCORPORATEDCL A0.35%$675,4331.9K
75PPGPPG INDS INCCOM0.34%$668,3785.3K
76MDLZMONDELEZ INTL INCCL A0.34%$668,04110.0K
77GSGOLDMAN SACHS GROUP INCCOM0.34%$659,9841.9K
78SBUXSTARBUCKS CORPCOM0.33%$648,7016.5K
79VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.33%$643,5835.9K
80ABTABBOTT LABSCOM0.33%$636,5115.8K
81TRGPTARGA RES CORPCOM0.32%$614,9918.4K
82PHPARKER-HANNIFIN CORPCOM0.31%$614,1862.1K
83VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.31%$603,95515.5K
84PSAPUBLIC STORAGECOM0.31%$602,6592.2K
85XYLXYLEM INCCOM0.29%$566,3675.1K
86MARMARRIOTT INTL INC NEWCL A0.29%$557,5293.7K
87KLACKLA CORPCOM NEW0.28%$552,1041.5K
88SPYSPDR S&P 500 ETF TRTR UNIT0.27%$532,2811.4K
89TDTORONTO DOMINION BK ONTCOM NEW0.27%$524,6858.1K
90CNICANADIAN NATL RY COCOM0.26%$514,5804.3K
91BLACKROCK INCCOM0.26%$508,151717
92ACNACCENTURE PLC IRELANDSHS CLASS A0.26%$506,0791.9K
93CLCOLGATE PALMOLIVE COCOM0.26%$498,4336.3K
94FORTYFORMULA SYSTEMS 1985 LTDSPONSORED ADS0.25%$487,5936.9K
95RTXRAYTHEON TECHNOLOGIES CORPCOM0.25%$485,6944.8K
96LULULULULEMON ATHLETICA INCCOM0.24%$476,0851.5K
97PAYXPAYCHEX INCCOM0.24%$466,6824.0K
98XRNPXCOHEN & STEERS REIT & PFD &COM0.23%$455,88622.4K
99APDAIR PRODS & CHEMS INCCOM0.22%$437,4891.4K
100FASTFASTENAL COCOM0.21%$406,5338.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2025$292M208Jul 21, 202513F-HRchanges · EDGAR ↗
Q1 2025$276M208May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$278M207Jan 28, 202513F-HRchanges · EDGAR ↗
Q3 2024$278M207Oct 22, 202413F-HRchanges · EDGAR ↗
Q2 2024$258M195Jul 25, 202413F-HRchanges · EDGAR ↗
Q1 2024$256M203May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$238M200Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$213M193Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$220M197Jul 19, 202313F-HRchanges · EDGAR ↗
Q1 2023$207M194May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$195M193Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$179M190Oct 21, 202213F-HRchanges · EDGAR ↗
Q2 2022$188M194Jul 20, 202213F-HRchanges · EDGAR ↗
Q1 2022$218M201Apr 20, 202213F-HRchanges · EDGAR ↗
Q4 2021$229M206Feb 1, 202213F-HRchanges · EDGAR ↗
Q3 2021$206M195Oct 21, 202113F-HRchanges · EDGAR ↗
Q2 2021$207M194Jul 19, 202113F-HRchanges · EDGAR ↗
Q1 2021$194M188Apr 23, 202113F-HRchanges · EDGAR ↗
Q4 2020$191M185Feb 2, 202113F-HRchanges · EDGAR ↗
Q3 2020$173M176Nov 2, 202013F-HRchanges · EDGAR ↗
Q2 2020$154M158Aug 4, 202013F-HRchanges · EDGAR ↗
Q1 2020$151M159May 1, 202013F-HRchanges · 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 ↗.