13F HOLDINGS REPORT

TFG Advisers LLC

Quarter ended Q2 2025 · Filed July 21, 2025 · Accession 0001172661-25-002655

Total Value

$291.9M

Positions

208

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (208)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	APPLE INC	AAPL	75,710	$15.5M	5.32%
2	MICROSOFT CORP	MSFT	30,347	$15.1M	5.17%
3	NVIDIA CORPORATION	NVDA	69,347	$11.0M	3.75%
4	JPMORGAN CHASE & CO.	VYLD	36,518	$10.6M	3.63%
5	COSTCO WHSL CORP NEW	22160K105	8,795	$8.7M	2.98%
6	AMAZON COM INC	AMZN	34,635	$7.6M	2.60%
7	AUTOMATIC DATA PROCESSING IN	ADP	24,173	$7.5M	2.55%
8	STRYKER CORPORATION	SYK	13,752	$5.4M	1.86%
9	VISA INC	V	12,960	$4.6M	1.58%
10	ALPHABET INC	GOOG	24,264	$4.3M	1.46%
11	J P MORGAN EXCHANGE TRADED F	46641Q837	81,457	$4.1M	1.41%
12	SSGA ACTIVE ETF TR	78467V608	96,491	$4.0M	1.37%
13	ABBVIE INC	ABBV	20,918	$3.9M	1.33%
14	INTERNATIONAL BUSINESS MACHS	INTR	12,401	$3.7M	1.25%
15	AMERICAN TOWER CORP NEW	03027X100	16,186	$3.6M	1.23%
16	ISHARES TR	464287101	11,607	$3.5M	1.21%
17	PROCTER AND GAMBLE CO	742718109	21,142	$3.4M	1.15%
18	CISCO SYS INC	CSCO	48,477	$3.4M	1.15%
19	UNION PAC CORP	UNP	14,516	$3.3M	1.14%
20	WISDOMTREE TR	WT	64,340	$3.2M	1.10%
21	SPDR SERIES TRUST	78464A359	38,240	$3.2M	1.08%
22	CHEVRON CORP NEW	CVX	21,121	$3.0M	1.04%
23	GOLDMAN SACHS GROUP INC	GSCE	4,012	$2.8M	0.97%
24	HOME DEPOT INC	HD	7,695	$2.8M	0.97%
25	ELI LILLY & CO	LLY	3,461	$2.7M	0.92%
26	SOUTHERN CO	SOMN	28,309	$2.6M	0.89%
27	IRON MTN INC DEL	46284V101	25,306	$2.6M	0.89%
28	FIRST TR EXCHANGE-TRADED FD	33734H106	56,067	$2.5M	0.86%
29	NEXTERA ENERGY INC	NEE-PW	35,142	$2.4M	0.84%
30	CHUBB LIMITED	CB	8,067	$2.3M	0.80%
31	UNITEDHEALTH GROUP INC	UNH	7,461	$2.3M	0.80%
32	PEPSICO INC	PEP	17,594	$2.3M	0.80%
33	SPDR SERIES TRUST	78468R853	53,776	$2.3M	0.78%
34	AMERICAN ELEC PWR CO INC	025537101	22,026	$2.3M	0.78%
35	FIRST TR SR FLTG RATE INCOME	33733U108	222,532	$2.3M	0.77%
36	ILLINOIS TOOL WKS INC	452308109	8,461	$2.1M	0.72%
37	EXXON MOBIL CORP	XOM	18,543	$2.0M	0.68%
38	ISHARES TR	464288687	65,033	$2.0M	0.68%
39	COCA COLA CO	KO	28,099	$2.0M	0.68%
40	VANGUARD SPECIALIZED FUNDS	921908844	9,688	$2.0M	0.68%
41	KLA CORP	KLAC	2,188	$2.0M	0.67%
42	PRUDENTIAL FINL INC	PUKPF	17,485	$1.9M	0.64%
43	TARGA RES CORP	TRGP	10,216	$1.8M	0.61%
44	LINDE PLC	LIN	3,736	$1.8M	0.60%
45	FIRST TR EXCHANGE TRADED FD	33738R118	19,270	$1.7M	0.60%
46	JOHNSON & JOHNSON	JNJ	11,212	$1.7M	0.59%
47	MCDONALDS CORP	MCD	5,843	$1.7M	0.58%
48	INVESCO EXCHANGE TRADED FD T	IVZ	78,852	$1.6M	0.55%
49	SPDR SERIES TRUST	78464A763	11,868	$1.6M	0.55%
50	QUALCOMM INC	QCOM	9,973	$1.6M	0.54%
51	CUMMINS INC	CMI	4,788	$1.6M	0.54%
52	ISHARES TR	464287804	14,251	$1.6M	0.53%
53	PARKER-HANNIFIN CORP	PH	2,157	$1.5M	0.52%
54	FIRST TR EXCHANGE-TRADED FD	337345102	7,012	$1.5M	0.51%
55	NORFOLK SOUTHN CORP	655844108	5,717	$1.5M	0.50%
56	FIRST TR EXCHANGE TRADED FD	33734X176	9,291	$1.5M	0.50%
57	MICROCHIP TECHNOLOGY INC.	MCHPP	20,559	$1.4M	0.50%
58	VERIZON COMMUNICATIONS INC	VZ	33,304	$1.4M	0.49%
59	WISDOMTREE TR	WT	44,931	$1.4M	0.49%
60	L3HARRIS TECHNOLOGIES INC	LHX	5,649	$1.4M	0.49%
61	ARES CAPITAL CORP	ARCC	64,370	$1.4M	0.48%
62	WP CAREY INC	92936U109	22,523	$1.4M	0.48%
63	SPDR SERIES TRUST	78464A854	19,103	$1.4M	0.48%
64	LOCKHEED MARTIN CORP	LMT	2,848	$1.3M	0.45%
65	META PLATFORMS INC	META	1,783	$1.3M	0.45%
66	INVESCO QQQ TR	IVZ	2,226	$1.2M	0.42%
67	VANGUARD INDEX FDS	922908751	5,178	$1.2M	0.42%
68	MARRIOTT INTL INC NEW	571903202	4,465	$1.2M	0.42%
69	HERCULES CAPITAL INC	HCXY	65,371	$1.2M	0.41%
70	CORNING INC	GLW	22,439	$1.2M	0.40%
71	FEDEX CORP	FDX	5,025	$1.1M	0.39%
72	ESSENTIAL UTILS INC	29670G102	28,182	$1.0M	0.36%
73	ISHARES TR	464287507	16,521	$1.0M	0.35%
74	VANGUARD INDEX FDS	922908629	3,648	$1.0M	0.35%
75	VANECK ETF TRUST	92189F437	34,194	$1.0M	0.34%
76	KINDER MORGAN INC DEL	EP-PC	33,961	$998,458	0.34%
77	HONEYWELL INTL INC	438516106	4,265	$993,307	0.34%
78	DOMINOS PIZZA INC	DPZ	2,146	$967,084	0.33%
79	PALO ALTO NETWORKS INC	PANW	4,668	$955,187	0.33%
80	OMNICOM GROUP INC	OMC	13,141	$945,361	0.32%
81	FORMULA SYSTEMS 1985 LTD	FORTY	7,288	$931,085	0.32%
82	TOPBUILD CORP	BLD	2,857	$924,999	0.32%
83	FREEPORT-MCMORAN INC	FCX	21,010	$910,789	0.31%
84	ACCENTURE PLC IRELAND	ACN	3,043	$909,396	0.31%
85	SALESFORCE INC	CRM	3,294	$898,362	0.31%
86	MASTERCARD INCORPORATED	MA	1,590	$893,482	0.31%
87	WISDOMTREE TR	WT	22,042	$887,637	0.30%
88	WILLIAMS SONOMA INC	WSM	5,429	$886,873	0.30%
89	WALMART INC	WMT	8,985	$878,593	0.30%
90	VANGUARD WHITEHALL FDS	921946406	6,440	$858,565	0.29%
91	AMPHENOL CORP NEW	032095101	8,595	$848,717	0.29%
92	REALTY INCOME CORP	O	14,664	$844,779	0.29%
93	ISHARES TR	464287465	9,393	$839,665	0.29%
94	UNITED PARCEL SERVICE INC	UPS	8,252	$832,977	0.29%
95	ABBOTT LABS	ABLZF	5,866	$797,855	0.27%
96	SPDR S&P 500 ETF TR	SPY	1,274	$787,288	0.27%
97	DTE ENERGY CO	DTK	5,852	$775,207	0.27%
98	HOWMET AEROSPACE INC	HWM	4,088	$760,930	0.26%
99	CAMBRIA ETF TR	132061201	11,627	$756,085	0.26%
100	FIRST TR EXCHANGE-TRADED FD	33738D309	16,313	$748,587	0.26%
101	INVESCO EXCH TRADED FD TR II	IVZ	10,087	$734,558	0.25%
102	AMERICAN WTR WKS CO INC NEW	030420103	5,068	$705,038	0.24%
103	MONDELEZ INTL INC	609207105	10,283	$693,499	0.24%
104	CATERPILLAR INC	CAT	1,785	$692,966	0.24%
105	PUBLIC STORAGE OPER CO	PSA-PS	2,329	$683,235	0.23%
106	ADVANCED MICRO DEVICES INC	AMD	4,774	$677,446	0.23%
107	RTX CORPORATION	RTX	4,582	$669,019	0.23%
108	PIMCO ETF TR	72201R783	7,030	$667,922	0.23%
109	DUKE ENERGY CORP NEW	DUKB	5,635	$664,889	0.23%
110	DT MIDSTREAM INC	DTM	5,941	$652,943	0.22%
111	FASTENAL CO	FAST	14,874	$624,704	0.21%
112	HILTON WORLDWIDE HLDGS INC	HLT	2,282	$607,885	0.21%
113	ISHARES TR	464287721	3,508	$607,823	0.21%
114	SPDR SERIES TRUST	78468R606	24,946	$593,715	0.20%
115	BROADCOM INC	AVGO	2,150	$592,636	0.20%
116	BOEING CO	BA-PA	2,821	$591,073	0.20%
117	PAYCHEX INC	PAYX	4,056	$589,977	0.20%
118	XYLEM INC	XYL	4,547	$588,137	0.20%
119	CARLISLE COS INC	142339100	1,565	$584,426	0.20%
120	STARBUCKS CORP	SBUX	6,290	$576,371	0.20%
121	CARRIER GLOBAL CORPORATION	CARR	7,862	$575,440	0.20%
122	PPG INDS INC	693506107	5,024	$571,525	0.20%
123	VANGUARD INDEX FDS	922908769	1,876	$570,279	0.20%
124	VALERO ENERGY CORP	VLO	4,229	$568,502	0.19%
125	DOMINION ENERGY INC	D	10,058	$568,458	0.19%
126	DUPONT DE NEMOURS INC	DD	8,191	$561,828	0.19%
127	SPDR S&P MIDCAP 400 ETF TR	MDY	986	$558,377	0.19%
128	COLGATE PALMOLIVE CO	CL	6,095	$554,017	0.19%
129	INTUITIVE SURGICAL INC	ISRG	997	$541,778	0.19%
130	BADGER METER INC	BMI	2,152	$527,024	0.18%
131	AT&T INC	T-PC	17,891	$517,780	0.18%
132	MERCK & CO INC	MRK	6,500	$514,532	0.18%
133	PIMCO ETF TR	72201R833	5,115	$514,282	0.18%
134	ISHARES TR	464287655	2,355	$508,227	0.17%
135	SPDR SERIES TRUST	78464A847	9,275	$504,391	0.17%
136	FIRST TR EXCHANGE-TRADED FD	33733E302	1,846	$497,183	0.17%
137	PHILIP MORRIS INTL INC	718172109	2,713	$494,071	0.17%
138	SCHWAB STRATEGIC TR	808524797	18,261	$483,922	0.17%
139	SPDR GOLD TR	GLD	1,578	$481,026	0.16%
140	SKYWORKS SOLUTIONS INC	SWKS	6,311	$470,305	0.16%
141	FORD MTR CO	345370860	43,264	$469,413	0.16%
142	AIR PRODS & CHEMS INC	AIIR	1,653	$466,315	0.16%
143	GE AEROSPACE	369604301	1,776	$457,071	0.16%
144	VANGUARD INDEX FDS	922908736	1,038	$454,918	0.16%
145	CRH PLC	CRH	4,904	$450,187	0.15%
146	TORONTO DOMINION BK ONT	TORO	6,074	$446,116	0.15%
147	AFLAC INC	AFL	4,215	$444,514	0.15%
148	ZOETIS INC	ZTS	2,835	$442,185	0.15%
149	GENERAL MLS INC	370334104	8,347	$432,471	0.15%
150	CALAMOS CONV OPPORTUNITIES &	128117108	40,509	$426,158	0.15%
151	SCHWAB CHARLES CORP	SCHW-PJ	4,569	$416,894	0.14%
152	PPL CORP	PPLC	12,285	$416,339	0.14%
153	INVESCO EXCHANGE TRADED FD T	IVZ	13,861	$415,422	0.14%
154	CANADIAN NATL RY CO	136375102	3,989	$415,010	0.14%
155	SANMINA CORPORATION	SANM	4,204	$411,277	0.14%
156	DONALDSON INC	DCI	5,819	$403,570	0.14%
157	COMCAST CORP NEW	CCZ	10,920	$389,730	0.13%
158	VULCAN MATLS CO	929160109	1,458	$380,266	0.13%
159	NETFLIX INC	NFLX	281	$376,296	0.13%
160	VANGUARD INTL EQUITY INDEX F	922042858	7,591	$375,467	0.13%
161	GILEAD SCIENCES INC	GILD	3,259	$361,376	0.12%
162	ISHARES TR	464287473	2,679	$354,010	0.12%
163	SPDR SERIES TRUST	78464A805	4,677	$350,240	0.12%
164	JABIL INC	JBL	1,602	$349,383	0.12%
165	CHIPOTLE MEXICAN GRILL INC	CMG	6,165	$346,173	0.12%
166	EMERSON ELEC CO	EMR	2,511	$334,803	0.11%
167	FIRST TR EXCHANGE TRADED FD	33734X135	5,879	$329,571	0.11%
168	OREILLY AUTOMOTIVE INC	67103H107	3,600	$324,468	0.11%
169	MARTIN MARIETTA MATLS INC	573284106	590	$323,661	0.11%
170	3M CO	MMM	2,082	$317,030	0.11%
171	NIKE INC	NKE	4,329	$307,523	0.11%
172	WORKDAY INC	WDAY	1,258	$301,920	0.10%
173	AMPLIFY ETF TR	032108664	3,419	$295,302	0.10%
174	INVESCO EXCH TRADED FD TR II	IVZ	14,998	$293,057	0.10%
175	FIRST TR EXCHANGE-TRADED ALP	33734Y109	3,002	$292,020	0.10%
176	WISDOMTREE TR	WT	4,164	$292,000	0.10%
177	LOWES COS INC	548661107	1,294	$287,052	0.10%
178	REPUBLIC SVCS INC	760759100	1,157	$285,360	0.10%
179	ISHARES TR	464287200	455	$282,357	0.10%
180	DISNEY WALT CO	254687106	2,273	$281,829	0.10%
181	ALTRIA GROUP INC	MO	4,736	$277,685	0.10%
182	VANGUARD INDEX FDS	922908595	995	$275,432	0.09%
183	CONSOLIDATED EDISON INC	ED	2,723	$273,257	0.09%
184	COHEN & STEERS REIT & PFD &	19247X100	11,919	$271,386	0.09%
185	SPDR INDEX SHS FDS	78463X509	6,343	$271,097	0.09%
186	ISHARES TR	464287242	2,447	$268,223	0.09%
187	PRICE T ROWE GROUP INC	TROW	2,779	$268,150	0.09%
188	CALAMOS STRATEGIC TOTAL RETU	CSQ	14,690	$267,944	0.09%
189	GENUINE PARTS CO	GPC	2,199	$266,728	0.09%
190	FIRST TR EXCHANGE-TRADED FD	33739Q408	4,439	$265,784	0.09%
191	PHILLIPS 66	PSX	2,189	$261,151	0.09%
192	ISHARES TR	464287499	2,824	$259,732	0.09%
193	ISHARES TR	464287648	876	$250,284	0.09%
194	INVESCO EXCH TRADED FD TR II	IVZ	1,853	$248,479	0.09%
195	ISHARES TR	464287614	574	$243,518	0.08%
196	FIRST TR EXCHANGE TRADED FD	33734X200	8,694	$239,426	0.08%
197	ISHARES TR	464288448	6,848	$236,341	0.08%
198	BERKSHIRE HATHAWAY INC DEL	BRK-A	486	$236,084	0.08%
199	FIRST TR EXCH TRADED FD III	33739E108	13,230	$235,500	0.08%
200	MASCO CORP	MAS	3,532	$227,307	0.08%
201	ADOBE INC	ADBE	573	$221,682	0.08%
202	MARATHON PETE CORP	MARA	1,297	$215,524	0.07%
203	ISHARES TR	46432F339	1,152	$210,554	0.07%
204	ISHARES TR	464287606	2,292	$208,499	0.07%
205	NORTHROP GRUMMAN CORP	NOC	417	$208,266	0.07%
206	MUELLER INDS INC	624756102	2,604	$206,930	0.07%
207	PIMCO CORPORATE & INCOME OPP	PTY	11,978	$166,609	0.06%
208	CALAMOS CONV & HIGH INCOME F	12811P108	14,334	$157,532	0.05%