DOSSIER · 13F-HR · Q2 2026

Tenon Financial LLC

$311M in tracked AUM across 61 positions as of Q2 2026.

TF
CIK 0002020781 · last filed Jun 30, 2026
Total AUM
$311M
as of Q2 2026
Holdings
61
positions
Whale Score
68
68
tracked
Activity
no data
changes this Q
AI Analysis · Q2 2026

SEC 13F Filing Analysis: Tenon Financial LLC Report Period: Q4 2025 (Report Date: 2025-12-31)

1. Portfolio Overview

Tenon Financial LLC has reported a dramatic expansion in its investment portfolio during the quarter ending December 31, 2025. The total portfolio value surged by 1,243.1%, increasing from approximately $17.66 million to $237.23 million. This exponential growth suggests a significant capital inflow event, such as a new large client mandate, a merger, or a s...

The portfolio currently consists of 49 holdings, indicating a diversified approach. The structure has shifted significantly from the previous quarter, with a heavy reliance on exchange-traded funds (ETFs) to achieve broad market exposure. The "activity summary" supports a major strategic overhaul, featuring 33 new positions and only 3 exits, which aligns with the massive increase in assets under management (AUM).

2. Key Holdings

The portfolio is highly concentrated in its top positions, which are exclusively Vanguard ETFs focused on broad market indexing:

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
VOO
VANGUARD INDEX FDS
$74M108K23.8%
02
VXF
VANGUARD INDEX FDS
$67M274K21.7%
03
VXUS
VANGUARD STAR FDS
$53M624K17.2%
04
BND
VANGUARD BD INDEX FDS
$40M544K12.8%
05
VEA
VANGUARD TAX-MANAGED FDS
$15M207K4.7%
06
VTI
VANGUARD INDEX FDS
$10M26K3.2%
07
AAPL
APPLE INC
$4M14K1.3%
08
BSCQ
INVESCO EXCH TRD SLF IDX FD
$4M200K1.3%
09
ITOT
ISHARES TR
$4M23K1.2%
10
BSCR
INVESCO EXCH TRD SLF IDX FD
$4M181K1.1%

Filing history

2026Q2Jun 30
$311M 22.1%
61 positionsView →
2026Q1Mar 31
$255M 7.3%
54 positionsView →
2025Q4Dec 31
$237M 21.8%
49 positionsView →
2025Q3Sep 30
$195M 14.0%
48 positionsView →
2025Q2Jun 30
$226M 40.1%
46 positionsLocked
2025Q1Mar 31
$162M 4.6%
46 positionsLocked
2024Q4Dec 31
$154M 2.3%
46 positionsLocked
2024Q3Sep 30
$151M 17.8%
44 positionsLocked
2024Q2Jun 30
$128M 8.2%
41 positionsLocked
2024Q1Mar 31
$118M
38 positionsLocked