SEC 13F Intelligence

Managers / Q2 2023 · view latest →

TFG Advisers LLC

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

Reported Value
$220M
Q2 2023
Positions
197
Filings on Record
27
2019–present window
Filed
Jul 19, 2023
original filing

Summary

Tfg Advisers LLC reported $220M in U.S.-listed holdings across 197 positions for Q2 2023.

Its largest position, AAPL, represents 7.1% of the portfolio.

Compared with Q1 2023, the fund opened 5 new positions and exited 2.

Portfolio Metrics

Turnover
+2.7%
vs prior filed quarter
Top-10 Concentration
+33.9%
share of reported value
Largest Position
+7.1%
Apple
New / Exited
5 / 2
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: 73.1%ETP: 21.3%REIT: 3.7%Closed-End Fund: 1.5%ADR: 0.4%
  • Common Stock · 73.1% · $161M
  • ETP · 21.3% · $47M
  • REIT · 3.7% · $8M
  • Closed-End Fund · 1.5% · $3M
  • ADR · 0.4% · $871,677

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR SER TRNEW+51.9K51.9K+$2M$2M
MLMMARTIN MARIETTA MATLS INCNEW+497497+$229,682$229,682
FTSMFIRST TR EXCHANGE-TRADED FDNEW+3.5K3.5K+$207,392$207,392
AFLAFLAC INCNEW+2.9K2.9K+$202,449$202,449
PSCIINVESCO EXCH TRADED FD TR IINEW+1.9K1.9K+$201,060$201,060
SPDR SER TRSOLD OUT−21.8K0−$2M$0
TGLSTECNOGLASS INCSOLD OUT−5.1K0−$297,295$0
OMCOMNICOM GROUP INCADDED+2.3K7.5K+$224,474$718,412

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

Holdings — Q2 2023

157 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM7.14%$16M81.0K
2MSFTMICROSOFT CORPhistory →COM4.93%$11M31.8K
3OEFISHARES TRS&P 100 ETF · PFD AND INCM SEC · CORE S&P SCP ETF · CORE S&P MCP ETF · MSCI EAFE ETF · IBOXX INV CP ETF · RUSSELL 2000 ETF · U.S. TECH ETF · RUS MDCP VAL ETF · 3 7 YR TREAS BD · TIPS BD ETF · CORE S&P500 ETF · INTL SEL DIV ETF · RUS MID CAP ETF · RUS 2000 GRW ETF · S&P MC 400GR ETF4.77%$10M135.5K
4CWBSPDR SER TRBBG CONV SEC ETF · PORTFOLIO S&P600 · S&P DIVID ETF · PORTFOLIO S&P500 · PORTFOLIO S&P4003.45%$8M128.0K
5ADPAUTOMATIC DATA PROCESSING INhistory →COM2.68%$6M26.8K
6DONWISDOMTREE TRUS MIDCAP DIVID · US SMALLCAP DIVD · GLB US QTLY DIV · EUROPE SMCP DV2.33%$5M139.1K
7JPMJPMORGAN CHASE & COhistory →COM2.30%$5M34.8K
8AMZNAMAZON COM INChistory →COM2.23%$5M37.7K
9COSTCOSTCO WHSL CORP NEWhistory →COM2.21%$5M9.0K
10UNHUNITEDHEALTH GROUP INChistory →COM1.82%$4M8.3K
11SYKSTRYKER CORPORATIONhistory →COM1.77%$4M12.8K
12FXLFIRST TR EXCHANGE TRADED FDTECH ALPHADEX · NASD TECH DIV · NY ARCA BIOTECH · DJ INTERNT IDX · FST LOW OPPT EFT · HLTH CARE ALPH · DJ GLBL DIVID · FINLS ALPHADEX · FIRST TR ENH NEW1.64%$4M53.6K
13VBVANGUARD INDEX FDSSMALL CP ETF · MID CAP ETF · GROWTH ETF · TOTAL STK MKT · SML CP GRW ETF · SM CP VAL ETF1.62%$4M16.6K
14PEPPEPSICO INChistory →COM1.54%$3M18.3K
15AMTAMERICAN TOWER CORP NEWhistory →COM1.53%$3M17.4K
16UNPUNION PAC CORPhistory →COM1.51%$3M16.2K
17NVDANVIDIA CORPORATIONhistory →COM1.45%$3M7.6K
18PGPROCTER AND GAMBLE COhistory →COM1.45%$3M21.0K
19NEENEXTERA ENERGY INChistory →COM1.40%$3M41.4K
20JNJJOHNSON & JOHNSONhistory →COM1.37%$3M18.3K
21CVXCHEVRON CORP NEWhistory →COM1.35%$3M18.9K
22VVISA INChistory →COM CL A1.28%$3M11.9K
23ABBVABBVIE INChistory →COM1.19%$3M19.4K
24GOOGLALPHABET INChistory →CAP STK CL A1.13%$2M20.8K
25HDHOME DEPOT INChistory →COM1.13%$2M8.0K
26PIDINVESCO EXCHANGE TRADED FD TINTL DIVI ACHI · S&P500 EQL STP · S&P500 EQL HLT1.09%$2M78.9K
27FVDFIRST TR VALUE LINE DIVID INhistory →SHS1.07%$2M58.6K
28WPCWP CAREY INChistory →COM1.07%$2M34.7K
29ITWILLINOIS TOOL WKS INChistory →COM1.03%$2M9.0K
30MCHPMICROCHIP TECHNOLOGY INC.history →COM1.02%$2M25.1K
31AEPAMERICAN ELEC PWR CO INCCOM0.86%$2M22.6K
32SOSOUTHERN COCOM0.86%$2M26.8K
33FCTFIRST TR SR FLTG RATE INCOMECOM0.84%$2M186.8K
34EXMOCEXXON MOBIL CORPCOM0.82%$2M16.8K
35WTRGESSENTIAL UTILS INCCOM0.80%$2M43.9K
36MCDMCDONALDS CORPCOM0.76%$2M5.6K
37SRLNSSGA ACTIVE ETF TRBLACKSTONE SENR0.75%$2M39.5K
38VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.73%$2M9.9K
39CSCOCISCO SYS INCCOM0.71%$2M30.1K
40KOCOCA COLA COCOM0.67%$1M24.4K
41UPSUNITED PARCEL SERVICE INCCL B0.65%$1M8.0K
42LLYLILLY ELI & COCOM0.65%$1M3.0K
43NSCNORFOLK SOUTHN CORPCOM0.63%$1M6.1K
44PCEFINVESCO EXCH TRADED FD TR IIS&P500 LOW VOL · CEF INM COMPSI · S&P SMLCP INDL0.62%$1M32.0K
45LMTLOCKHEED MARTIN CORPCOM0.61%$1M2.9K
46SWKSSKYWORKS SOLUTIONS INCCOM0.61%$1M12.1K
47BABOEING COCOM0.58%$1M6.0K
48QCOMQUALCOMM INCCOM0.57%$1M10.6K
49CMICUMMINS INCCOM0.55%$1M5.0K
50QTECFIRST TR NASDAQ 100 TECH INDSHS0.54%$1M8.1K
51LHXL3HARRIS TECHNOLOGIES INCCOM0.54%$1M6.1K
52FDXFEDEX CORPCOM0.54%$1M4.8K
53CBCHUBB LIMITEDCOM0.54%$1M6.1K
54LINLINDE PLCSHS0.52%$1M3.0K
55PRUPRUDENTIAL FINL INCCOM0.52%$1M13.1K
56AWKAMERICAN WTR WKS CO INC NEWCOM0.51%$1M7.9K
57HONHONEYWELL INTL INCCOM0.50%$1M5.3K
58GISGENERAL MLS INCCOM0.47%$1M13.5K
59NKENIKE INCCL B0.47%$1M9.3K
60IRMIRON MTN INC DELCOM0.45%$998,08217.6K
61ANGLVANECK ETF TRUSTFALLEN ANGEL HG0.43%$942,61533.9K
62IBMINTERNATIONAL BUSINESS MACHSCOM0.41%$903,4746.8K
63GSGOLDMAN SACHS GROUP INCCOM0.41%$898,1452.8K
64OREALTY INCOME CORPCOM0.39%$855,53414.3K
65ZTSZOETIS INCCL A0.39%$851,6254.9K
66KLACKLA CORPCOM NEW0.39%$848,8241.8K
67FCXFREEPORT-MCMORAN INCCL B0.38%$841,36221.0K
68PHPARKER-HANNIFIN CORPCOM0.38%$825,8802.1K
69PPGPPG INDS INCCOM0.35%$775,7055.2K
70MAMASTERCARD INCORPORATEDCL A0.35%$766,0311.9K
71MDLZMONDELEZ INTL INCCL A0.34%$744,62410.2K
72MINTPIMCO ETF TRENHAN SHRT MA AC · 0-5 HIGH YIELD0.34%$740,5477.8K
73DTEDTE ENERGY COCOM0.33%$730,3536.6K
74VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.33%$727,7746.9K
75OMCOMNICOM GROUP INCCOM0.33%$718,4127.5K
76TRGPTARGA RES CORPCOM0.32%$713,6979.4K
77APDAIR PRODS & CHEMS INCCOM0.32%$705,0292.4K
78MARMARRIOTT INTL INC NEWCL A0.32%$701,2543.8K
79DPZDOMINOS PIZZA INCCOM0.32%$698,6662.1K
80DDOMINION ENERGY INCCOM0.31%$674,69513.0K
81PSAPUBLIC STORAGECOM0.31%$672,8952.3K
82ACNACCENTURE PLC IRELANDSHS CLASS A0.30%$670,0572.2K
83KMIKINDER MORGAN INC DELCOM0.30%$669,41438.9K
84DDDUPONT DE NEMOURS INCCOM0.30%$668,6789.4K
85ABTABBOTT LABSCOM0.30%$657,3316.0K
86SBUXSTARBUCKS CORPCOM0.29%$646,3046.5K
87VZVERIZON COMMUNICATIONS INCCOM0.29%$631,11417.0K
88SPYSPDR S&P 500 ETF TRTR UNIT0.28%$626,4441.4K
89CRMSALESFORCE INCCOM0.28%$606,7392.9K
90PANWPALO ALTO NETWORKS INCCOM0.27%$604,2812.4K
91TOPBUILD CORPCOM0.26%$582,5042.2K
92VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.26%$579,04414.2K
93XYLXYLEM INCCOM0.26%$577,2535.1K
94LULULULULEMON ATHLETICA INCCOM0.26%$570,0211.5K
95DISDISNEY WALT COCOM0.25%$551,8416.2K
96CNICANADIAN NATL RY COCOM0.24%$528,8514.4K
97SYLDCAMBRIA ETF TRSHSHLD YIELD ETF0.24%$525,2148.6K
98MRKMERCK & CO INCCOM0.23%$512,0244.4K
99FORTYFORMULA SYSTEMS 1985 LTDSPONSORED ADS0.23%$506,5726.8K
100TDTORONTO DOMINION BK ONTCOM NEW0.23%$504,5558.1K

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 ↗.