Managers / Q2 2025 · view latest →
TLT Family Holdco ULC
CIK 0002081869 · SUITE 2400, 65 QUEEN STREET WEST, TORONTO, M5H 2M8 · 416-364-8700
Summary
Tlt Family Holdco Ulc reported $1.3B in U.S.-listed holdings across 9 positions for Q2 2025.
The portfolio is heavily concentrated: TRI4EUR alone accounts for 68.4% of reported value.
Portfolio Metrics
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. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 68.4% · $865M
- ETP · 31.6% · $400M
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| TRI4EURTHOMSON REUTERS CORP | NEW | +4.30M | 4.30M | +$865M | $865M |
| VANGUARD S&P 500 ETF | NEW | +315.5K | 315.5K | +$179M | $179M |
| VANGUARD TOT WORLD STK ETF | NEW | +505.0K | 505.0K | +$65M | $65M |
| VANGUARD FTSE DEVELOPED ETF | NEW | +883.4K | 883.4K | +$50M | $50M |
| VANGUARD TOTAL BOND MARKET | NEW | +519.0K | 519.0K | +$38M | $38M |
| VANGUARD FTSE EMERGING MARKE | NEW | +538.4K | 538.4K | +$27M | $27M |
| ISHARES MSCI USA VALUE FACTO | NEW | +139.0K | 139.0K | +$16M | $16M |
| ISHARES MSCI INTERNATIONAL V | NEW | +408.5K | 408.5K | +$13M | $13M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | TRI4EURTHOMSON REUTERS CORPhistory → | COM | 68.42% | $865M | 4.30M |
| 2 | VANGUARD S&P 500 ETF | COM | 14.17% | $179M | 315.5K |
| 3 | VANGUARD TOT WORLD STK ETF | COM | 5.13% | $65M | 505.0K |
| 4 | VANGUARD FTSE DEVELOPED ETF | COM | 3.98% | $50M | 883.4K |
| 5 | VANGUARD TOTAL BOND MARKET | COM | 3.02% | $38M | 519.0K |
| 6 | VANGUARD FTSE EMERGING MARKE | COM | 2.10% | $27M | 538.4K |
| 7 | ISHARES MSCI USA VALUE FACTO | COM | 1.24% | $16M | 139.0K |
| 8 | ISHARES MSCI INTERNATIONAL V | COM | 1.06% | $13M | 408.5K |
| 9 | IBITISHARES BITCOIN TRUST ETFhistory → | COM | 0.87% | $11M | 180.0K |
Filing History
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 ↗.