SEC 13F Intelligence

Managers / Q4 2023 · view latest →

TFG Advisers LLC

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

Reported Value
$238M
Q4 2023
Positions
200
Filings on Record
27
2019–present window
Filed
Feb 13, 2024
original filing

Summary

Tfg Advisers LLC reported $238M in U.S.-listed holdings across 200 positions for Q4 2023.

Its largest position, AAPL, represents 6.6% of the portfolio.

Compared with Q3 2023, the fund opened 13 new positions and exited 6.

Portfolio Metrics

Turnover
+1.2%
vs prior filed quarter
Top-10 Concentration
+33.7%
share of reported value
Largest Position
+6.6%
Apple
New / Exited
13 / 6
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: 74.0%ETP: 20.8%REIT: 3.6%Closed-End Fund: 1.3%ADR: 0.3%
  • Common Stock · 74.0% · $176M
  • ETP · 20.8% · $50M
  • REIT · 3.6% · $9M
  • Closed-End Fund · 1.3% · $3M
  • ADR · 0.3% · $777,327

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FTSLFIRST TR EXCHANGE-TRADED FDNEW+8.4K8.4K+$387,883$387,883
CMCSACOMCAST CORP NEWNEW+6.8K6.8K+$298,752$298,752
CMGCHIPOTLE MEXICAN GRILL INCNEW+108108+$246,941$246,941
HWMHOWMET AEROSPACE INCNEW+4.3K4.3K+$230,037$230,037
GLWCORNING INCNEW+7.4K7.4K+$226,494$226,494
IWFISHARES TRNEW+747747+$226,361$226,361
PSCIINVESCO EXCH TRADED FD TR IINEW+1.9K1.9K+$224,738$224,738
UFPIUFP INDUSTRIES INCNEW+1.8K1.8K+$223,375$223,375

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

Holdings — Q4 2023

162 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM6.59%$16M81.5K
2MSFTMICROSOFT CORPhistory →COM5.03%$12M31.8K
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 · CORE S&P500 ETF · RUS MID CAP ETF · RUS 2000 GRW ETF · INTL SEL DIV ETF · RUS 1000 GRW ETF4.39%$10M122.4K
4CWBSPDR SER TRBBG CONV SEC ETF · PORTFOLIO S&P600 · S&P DIVID ETF · PORTFOLIO S&P500 · PORTFOLIO S&P4003.43%$8M130.9K
5ADPAUTOMATIC DATA PROCESSING INhistory →COM2.57%$6M26.3K
6JPMJPMORGAN CHASE & COhistory →COM2.57%$6M36.0K
7COSTCOSTCO WHSL CORP NEWhistory →COM2.51%$6M9.1K
8AMZNAMAZON COM INChistory →COM2.44%$6M38.2K
9DONWISDOMTREE TRUS MIDCAP DIVID · US SMALLCAP DIVD · GLB US QTLY DIV · EUROPE SMCP DV2.33%$6M138.4K
10UNHUNITEDHEALTH GROUP INChistory →COM1.88%$4M8.5K
11SYKSTRYKER CORPORATIONhistory →COM1.70%$4M13.5K
12UNPUNION PAC CORPhistory →COM1.67%$4M16.2K
13FXLFIRST TR EXCHANGE TRADED FDTECH ALPHADEX · NASD TECH DIV · DJ INTERNT IDX · SENIOR LN FD · NY ARCA BIOTECH · FINLS ALPHADEX · HLTH CARE ALPH · FIRST TR ENH NEW · DJ GLBL DIVID1.64%$4M54.3K
14AMTAMERICAN TOWER CORP NEWhistory →COM1.57%$4M17.3K
15VBVANGUARD INDEX FDSSMALL CP ETF · MID CAP ETF · GROWTH ETF · TOTAL STK MKT · SM CP VAL ETF · SML CP GRW ETF1.55%$4M16.1K
16NVDANVIDIA CORPORATIONhistory →COM1.49%$4M7.2K
17VVISA INChistory →COM CL A1.40%$3M12.8K
18PEPPEPSICO INChistory →COM1.35%$3M18.9K
19ABBVABBVIE INChistory →COM1.34%$3M20.6K
20PGPROCTER AND GAMBLE COhistory →COM1.32%$3M21.5K
21GOOGLALPHABET INChistory →CAP STK CL A1.28%$3M21.8K
22CVXCHEVRON CORP NEWhistory →COM1.27%$3M20.2K
23JNJJOHNSON & JOHNSONhistory →COM1.20%$3M18.2K
24HDHOME DEPOT INChistory →COM1.15%$3M7.9K
25ITWILLINOIS TOOL WKS INChistory →COM1.01%$2M9.2K
26SRLNSSGA ACTIVE ETF TRhistory →BLACKSTONE SENR1.01%$2M57.3K
27PIDINVESCO EXCHANGE TRADED FD TINTL DIVI ACHI · S&P500 EQL STP · S&P500 EQL HLT0.99%$2M107.1K
28FVDFIRST TR VALUE LINE DIVID INSHS0.99%$2M58.0K
29NEENEXTERA ENERGY INCCOM0.95%$2M37.3K
30MCHPMICROCHIP TECHNOLOGY INC.COM0.93%$2M24.7K
31CSCOCISCO SYS INCCOM0.86%$2M40.8K
32SOSOUTHERN COCOM0.81%$2M27.6K
33FCTFIRST TR SR FLTG RATE INCOMECOM0.80%$2M189.0K
34LLYELI LILLY & COCOM0.79%$2M3.2K
35WPCWP CAREY INCCOM0.78%$2M28.6K
36AEPAMERICAN ELEC PWR CO INCCOM0.77%$2M22.6K
37MCDMCDONALDS CORPCOM0.77%$2M6.2K
38EXMOCEXXON MOBIL CORPCOM0.74%$2M17.6K
39VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.72%$2M10.1K
40BABOEING COCOM0.71%$2M6.5K
41KOCOCA COLA COCOM0.65%$2M26.4K
42PRUPRUDENTIAL FINL INCCOM0.65%$2M14.9K
43CBCHUBB LIMITEDCOM0.65%$2M6.8K
44WTRGESSENTIAL UTILS INCCOM0.63%$2M40.4K
45IRMIRON MTN INC DELCOM0.63%$1M21.4K
46QTECFIRST TR NASDAQ 100 TECH INDSHS0.63%$1M8.5K
47QCOMQUALCOMM INCCOM0.63%$1M10.3K
48LINLINDE PLCSHS0.62%$1M3.6K
49NSCNORFOLK SOUTHN CORPCOM0.58%$1M5.9K
50IBMINTERNATIONAL BUSINESS MACHSCOM0.58%$1M8.4K
51LMTLOCKHEED MARTIN CORPCOM0.56%$1M3.0K
52SWKSSKYWORKS SOLUTIONS INCCOM0.56%$1M11.9K
53PCEFINVESCO EXCH TRADED FD TR IIS&P500 LOW VOL · CEF INM COMPSI · S&P SMLCP INDL0.55%$1M29.7K
54GSGOLDMAN SACHS GROUP INCCOM0.54%$1M3.3K
55FDXFEDEX CORPCOM0.54%$1M5.1K
56LHXL3HARRIS TECHNOLOGIES INCCOM0.53%$1M6.0K
57UPSUNITED PARCEL SERVICE INCCL B0.50%$1M7.6K
58KLACKLA CORPCOM NEW0.49%$1M2.0K
59CMICUMMINS INCCOM0.48%$1M4.8K
60HONHONEYWELL INTL INCCOM0.45%$1M5.1K
61TOPBUILD CORPCOM0.44%$1M2.8K
62PHPARKER-HANNIFIN CORPCOM0.41%$988,8992.1K
63FCXFREEPORT-MCMORAN INCCL B0.41%$965,94022.7K
64OMCOMNICOM GROUP INCCOM0.40%$955,01711.0K
65MARMARRIOTT INTL INC NEWCL A0.40%$948,4624.2K
66ACNACCENTURE PLC IRELANDSHS CLASS A0.40%$945,7272.7K
67ANGLVANECK ETF TRUSTFALLEN ANGEL HG0.39%$939,83932.7K
68ZTSZOETIS INCCL A0.39%$927,6594.7K
69NKENIKE INCCL B0.39%$927,4678.5K
70AWKAMERICAN WTR WKS CO INC NEWCOM0.38%$914,2546.9K
71GISGENERAL MLS INCCOM0.38%$900,52913.8K
72DPZDOMINOS PIZZA INCCOM0.38%$893,7422.2K
73TRGPTARGA RES CORPCOM0.37%$893,17010.3K
74MDLZMONDELEZ INTL INCCL A0.34%$806,59911.1K
75OREALTY INCOME CORPCOM0.34%$799,40313.9K
76LULULULULEMON ATHLETICA INCCOM0.33%$784,3231.5K
77PPGPPG INDS INCCOM0.33%$783,1365.2K
78MAMASTERCARD INCORPORATEDCL A0.32%$768,8511.8K
79MINTPIMCO ETF TRENHAN SHRT MA AC · 0-5 HIGH YIELD0.32%$766,8688.0K
80INTCINTEL CORPCOM0.32%$761,53715.2K
81CRMSALESFORCE INCCOM0.32%$755,7382.9K
82VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.31%$740,6726.6K
83DTEDTE ENERGY COCOM0.30%$722,1526.5K
84PSAPUBLIC STORAGECOM0.30%$718,9632.4K
85AMDADVANCED MICRO DEVICES INCCOM0.30%$713,0404.8K
86ABTABBOTT LABSCOM0.30%$708,4536.4K
87SYLDCAMBRIA ETF TRSHSHLD YIELD ETF0.30%$708,11010.5K
88SPYSPDR S&P 500 ETF TRTR UNIT0.29%$683,5101.4K
89DDDUPONT DE NEMOURS INCCOM0.28%$678,0828.8K
90APDAIR PRODS & CHEMS INCCOM0.27%$647,2652.4K
91KMIKINDER MORGAN INC DELCOM0.27%$643,01136.5K
92SBUXSTARBUCKS CORPCOM0.27%$633,7146.6K
93MRKMERCK & CO INCCOM0.26%$629,2585.8K
94PANWPALO ALTO NETWORKS INCCOM0.26%$623,5242.1K
95XYLXYLEM INCCOM0.25%$604,4795.3K
96VZVERIZON COMMUNICATIONS INCCOM0.25%$596,71015.8K
97VLOVALERO ENERGY CORPCOM0.25%$595,3254.6K
98CNICANADIAN NATL RY COCOM0.23%$550,0484.4K
99BLACKROCK INCCOM0.23%$549,848677
100FASTFASTENAL COCOM0.23%$546,1578.4K

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 ↗.