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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

TSFG, LLC

Quarter ended Q3 2025 · Filed November 4, 2025 · Accession 0001800513-25-000008

Total Value
$629,462
Positions
872
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (500)

#IssuerTicker / CUSIPSharesValue% of Filing
1ISHARES RUSSELL46428761476,621$35,8905.72%
2ISHARES U SBLK602,406$35,6625.68%
3SPDR PORTFOLIO78464A508579,427$32,0605.11%
4ABBVIE INCABBV123,432$28,5804.55%
5VANGUARD TOTAL92290876961,393$20,1473.21%
6VANGUARD S&P92290836332,560$19,9393.18%
7ISHARES CORE46434G103279,558$18,4282.94%
8TECHNOLOGY SELECT81369Y80359,465$16,7612.67%
9ABBOTT LABORATORIESABLZF114,037$15,2742.43%
10ISHARES MSCI46432F33978,118$15,1942.42%
11APPLE INCAAPL59,154$15,0622.40%
12SPDR INTERMEDIATE78464A672492,139$14,2232.27%
13SPDR S&PSPY19,547$13,0222.08%
14SPDR AGGREGATE78464A649464,392$12,0051.91%
15INVESCO S&PIVZ206,829$11,8971.90%
16NVIDIA CORPNVDA63,501$11,8481.89%
17INVESCO S&PIVZ155,091$11,3671.81%
18INVESCO QQQIVZ18,402$11,0481.76%
19ISHARES GOLDIAU149,806$10,9011.74%
20JPMORGAN US46641Q761160,820$10,1171.61%
21XTRACKERS233051630303,260$8,9221.42%
22AMAZON COMAMZN40,515$8,8961.42%
23ISHARES A IBLK243,150$8,3061.32%
24FIDELITY TOTAL316188309157,521$7,2841.16%
25ISHARES CORE46435G672141,322$7,2401.15%
26SPDR PORTFOLIO78464A40968,887$7,1991.15%
27CAPITAL GROUP14020Y508267,908$7,1211.13%
28ISHARES FLEXIBLEBLK133,008$7,0811.13%
29ISHARES U SBLK173,456$6,5671.05%
30ISHARES CORE46428715044,199$6,4381.03%
31MICROSOFT CORPMSFT10,944$5,6690.90%
32EDWARDS LIFESCIENCESEW71,604$5,5690.89%
33VANGUARD VALUE92290874429,824$5,5620.89%
34TESLA INCTSLA12,328$5,4830.87%
35ISHARES MSCI46432F39619,586$5,0230.80%
36SPDR MORTGAGE78464A383218,705$4,9080.78%
37TCW TR29287L20541,573$4,0610.65%
38FIRST TRUST33738D606185,486$4,0340.64%
39VANGUARD MID92290862913,449$3,9500.63%
40ALPHABET INCGOOG16,019$3,9010.62%
41WISDOMTREE INTLWT97,471$3,8870.62%
42NYLI FTSE45409B560121,878$3,7790.60%
43FIRST TRUST33740F755110,434$3,6910.59%
44GLOBAL X37960A52950,524$3,5490.57%
45VANGUARD INFORMATION92204A7024,067$3,0360.48%
46INVESCO S&PIVZ14,542$2,7590.44%
47VANECK SEMICONDUCTOR92189F6768,185$2,6710.43%
48ISHARES S&P46428740812,473$2,5760.41%
49VANGUARD MID9229085388,765$2,5750.41%
50TCW FLEXIBLE29287L70064,434$2,5640.41%
51BERKSHIRE HATHAWAYBRK-A4,934$2,4810.40%
52BAXTER INTL071813109101,177$2,3040.37%
53ISHARES S&P46428730918,732$2,2610.36%
54ISHARES BITCOINIBIT34,210$2,2240.35%
55GRAYSCALE BITCOINGBTC24,617$2,2100.35%
56ISHARES CORE46432F84223,252$2,0300.32%
57ISHARES RUSSELL4642876225,473$2,0000.32%
58ISHARES RUSSELL4642876557,551$1,8270.29%
59SPDR S&PMDY2,960$1,7640.28%
60SALESFORCE INCCRM7,210$1,7090.27%
61ISHARES AEROSPACE4642887608,146$1,7050.27%
62CONSTELLATION ENERGYCEG4,707$1,5490.25%
63VANGUARD LARGE9229086374,823$1,4850.24%
64HEALTHCARE SELECT81369Y20910,523$1,4650.23%
65EXXON MOBILXOM12,989$1,4640.23%
66NETFLIX INCNFLX1,216$1,4580.23%
67ISHARES RUSSELL4642874819,789$1,3940.22%
68WALMART INCWMT13,484$1,3900.22%
69META PLATFORMSMETA1,863$1,3680.22%
70FINANCIAL SELECT81369Y60524,784$1,3350.21%
71CARDINAL HEALTHCAH8,411$1,3200.21%
72JPMORGAN CHASEVYLD4,070$1,2840.20%
73VANGUARD GROWTH9229087362,653$1,2730.20%
74ISHARES RUSSELL46428749913,144$1,2690.20%
75SPDR GOLDGLD3,526$1,2530.20%
76INDUSTRIAL SELECT81369Y7047,926$1,2220.19%
77VANGUARD DIVIDEND9219088445,616$1,2120.19%
78SPDR RUSSELL78468R7549,017$1,2000.19%
79CVS HEALTHCVS15,186$1,1450.18%
80ISHARES JPMORGAN46428828111,857$1,1290.18%
81COSTCO WHOLESALE22160K1051,213$1,1230.18%
82PALANTIR TECHNOLOGIESPLTR6,138$1,1200.18%
83ISHARES CORE46428722610,988$1,1020.18%
84ISHARES RUSSELL4642875985,409$1,1010.18%
85BLOOM ENERGYBE12,632$1,0680.17%
86ISHARES CORE46428750715,734$1,0270.16%
87ISHARES CORE46434V61320,936$9780.16%
88ALPHABET INCGOOG3,825$9300.15%
89MCDONALDS CORPMCD3,049$9260.15%
90ISHARES CORE4642872001,314$8800.14%
91INVESCO BUYBACKIVZ6,502$8610.14%
92ISHARES NATIONAL4642884147,754$8260.13%
93PROCTER & GAMBLE7427181094,626$7110.11%
94VANGUARD SMALL9229085952,248$6690.11%
95CHEVRON CORPCVX4,286$6660.11%
96T ROWE87283Q86717,587$6630.11%
97INTUITIVE SURGICALISRG1,380$6170.10%
98ISHARES ULTRA46434V87811,997$6090.10%
99ISHARES CORE4642878045,103$6060.10%
100GOLDMAN SACHSGSCE758$6030.10%
101SNOWFLAKE INCSNOW2,650$5980.10%
102WEC ENERGYWEC5,098$5840.09%
103JOHNSON & JOHNSONJNJ3,061$5680.09%
104INVESCO S&PIVZ11,610$5610.09%
105ORACLE CORPORCL-PD1,980$5570.09%
106STRATEGY INCSTRK1,708$5500.09%
107FORD MOTOR34537086045,912$5490.09%
108VANGUARD INTERMEDIATE92206C8706,448$5420.09%
109EXELON CORPEXC11,839$5330.08%
110ELI LILLYLLY683$5210.08%
111VISTRA CORPVST2,606$5110.08%
112VANGUARD TOTAL9219097686,922$5090.08%
113RAMBUS INCRMBS4,806$5010.08%
114VANGUARD SMALL9229086112,396$5000.08%
115CINTAS CORPCTAS2,400$4930.08%
116SCHWAB US80852479717,754$4850.08%
117ISHARES INTLBLK17,338$4850.08%
118FIRST TRUST33738D80425,094$4820.08%
119PHILIP MORRIS7181721092,861$4640.07%
120FIRST TRUST33734X8466,050$4600.07%
121ISHARES 0-546429B7474,429$4580.07%
122INVESCO S&PIVZ14,640$4280.07%
123ENERGY SELECT81369Y5064,700$4200.07%
124SEMPRASREA4,526$4070.06%
125ISHARES CORE46429B6633,270$4000.06%
126ALTRIA GROUPMO5,991$3960.06%
127WALT DISNEY2546871063,325$3810.06%
128ISHARES 3-7YR4642886613,152$3770.06%
129SPDR SSGA78468R8042,108$3760.06%
130BANK AMERICA0605051047,273$3750.06%
131ISHARES CORE4642894797,400$3740.06%
132CISCO SYSTEMSCSCO5,436$3720.06%
133ISHARES MSCI46429B6973,896$3710.06%
134HONEYWELL INTL4385161061,762$3710.06%
135STARBUCKS CORPSBUX4,296$3630.06%
136ISHARES CONV46435G1023,594$3600.06%
137ISHARES MSCI46434G7645,333$3600.06%
138PEPSICO INCPEP2,555$3590.06%
139UBER TECHNOLOGIESUBER3,597$3520.06%
140ISHARES SHORT4642881583,287$3510.06%
141CONSUMER DISCRETIONARY81369Y4071,460$3500.06%
142ISHARES SEMICONDUCTOR4642875231,292$3500.06%
143SPDR SERIES78464A7632,446$3430.05%
144ISHARES MSCI4642872346,238$3330.05%
145PENTAIR PLCPNR2,948$3270.05%
146VANGUARD MID9229085121,852$3230.05%
147HOME DEPOTHD767$3110.05%
148COINBASE GLOBALCOIN910$3070.05%
149ISHARES MSCI4642874653,244$3030.05%
150MCKESSON CORPMCK388$3000.05%
151AT&T INCT-PC10,290$2910.05%
152SHOPIFY INCSHOP1,950$2900.05%
153LPL FINANCIAL50212V100865$2880.05%
154BITMINE IMMERSION09175A2065,500$2860.05%
155SHERWIN WILLIAMSSHW795$2750.04%
156SPDR PORTFOLIO78468R8535,719$2650.04%
157AXON ENTERPRISEAXON365$2620.04%
158ILLINOIS TOOL452308109965$2520.04%
159GRAYSCALE BITCOIN3899302074,904$2480.04%
160VANGUARD HEALTH92204A504910$2360.04%
161TAKEDA PHARMACEUTICALTKPHF16,112$2360.04%
162VISA INCV689$2350.04%
163DEERE & CODE499$2280.04%
164ISHARES FUTURE46435U5564,964$2270.04%
165ALLSTATE CORPALL-PJ1,047$2250.04%
166ISHARES RUSS4642874731,590$2220.04%
167ULTA BEAUTYULTA392$2140.03%
168DELL TECHNOLOGIESDELL1,493$2120.03%
169PRINCIPAL FINANCIALPFG2,548$2110.03%
170WINTRUST FINANCIAL97650W1081,560$2070.03%
171LOCKHEED MARTINLMT410$2050.03%
172RTX CORPRTX1,201$2010.03%
173VANGUARD LONG92206C8473,528$2010.03%
174WASTE MANAGEMENT94106L109907$2000.03%
175COCA COLA COMPANYKO2,973$1970.03%
176SCHLUMBERGER LTDSLB5,685$1950.03%
177WOODWARD INCWWD771$1950.03%
178FIRST TRUST33738R7041,932$1870.03%
179BOEING COMPANYBA-PA845$1820.03%
180TRACTOR SUPPLYTSCO3,200$1820.03%
181PPG INDUSTRIES6935061071,723$1810.03%
182ISHARES GLOBAL4642875721,500$1800.03%
183GUGGENHEIM STRATEGICGOF11,516$1730.03%
184UNITEDHEALTH GROUPUNH498$1720.03%
185GENERAL DYNAMICSGD504$1720.03%
186PROSHARES S&P74348A4671,672$1720.03%
187VANGUARD FTSE9219438582,841$1700.03%
188MORGAN STANLEYMS-PQ1,066$1690.03%
189INTEL CORPINTC4,955$1660.03%
190NUVEEN PFDNU20,222$1660.03%
191MARRIOTT INTL571903202635$1650.03%
192CITIGROUP INCC-PR1,617$1640.03%
193OCCIDENTAL PETROLEUM6745991053,405$1610.03%
194MARVELL TECHNOLOGYMRVL1,875$1580.03%
195NVENT ELECTRICNVT1,590$1570.03%
196MONDELEZ INTERNATIONAL6092071052,515$1570.03%
197AMERICAN ELECTRIC0255371011,384$1560.02%
198BROOKFIELD RENEWABLEBEPC4,503$1550.02%
199VANGUARD SMALL922908751606$1540.02%
200ISHARES RUSSELL464287689400$1520.02%
201MERCK & COMPANYMRK1,778$1490.02%
202CAPITAL ONE14040H105687$1460.02%
203SPDR PORTFOLIO78468R1014,944$1450.02%
204GILEAD SCIENCESGILD1,298$1440.02%
205BP PLCBPPFF4,186$1440.02%
206CONOCOPHILLIPSCOP1,518$1440.02%
207SECTOR CONSUMER81369Y3081,812$1420.02%
208DIAMONDBACK ENERGYFANG981$1400.02%
209DRAFTKINGS INCDKNG3,704$1390.02%
210ADVANCED MICROAMD852$1380.02%
211VANGUARD HIGH921946406972$1370.02%
212INVESCO INTLIVZ6,450$1370.02%
213ISHARES S&P464287671832$1370.02%
214ISHARES MORNINGSTAR4642871191,300$1360.02%
215VERIZON COMMUNICATIONSVZ3,090$1360.02%
216BECTON DICKINSONBDX727$1360.02%
217INTL BUSINESSINTR475$1340.02%
218INVESCO S&PIVZ2,740$1310.02%
219GENERAL MOTORS37045V1002,121$1290.02%
220SCHWAB US8085243004,008$1280.02%
221PFIZER INCPFE5,015$1280.02%
222VANGUARD CONSUMER92204A108314$1240.02%
223GE AEROSPACE369604301411$1240.02%
224OLD SECONDOSBC7,125$1230.02%
225CATERPILLAR INCCAT254$1210.02%
226PHILLIPS EDISONPECO3,489$1200.02%
227ISHARES GLOBAL4642883721,949$1190.02%
228ISHARES MSCI4642888771,741$1180.02%
229CURTISS WRIGHT CORP DECW217$1180.02%
230VANGUARD MUNICIPAL9229077462,339$1170.02%
231NYLI MACKAY45409F8274,734$1150.02%
232ARM HOLDINGS042068205807$1140.02%
233VANGUARD LONG92206C8131,450$1130.02%
234DUPONT DEDD1,422$1110.02%
235ISHARES HIGHBLK2,252$1110.02%
236CHIPOTLE MEXICANCMG2,841$1110.02%
237HIMS & HERSHIMS1,950$1110.02%
238ISHARES MSCI4642865331,701$1090.02%
239TAIWAN SEMICONDUCTOR874039100381$1060.02%
240WELLS FARGO9497461011,270$1060.02%
241FIRST TRUST3369171092,445$1060.02%
242BLACKROCK FDGBLK90$1040.02%
243ENTERGY CORPENO1,118$1040.02%
244ROCKET LABRKLB2,175$1040.02%
245INVESCO NASDAQIVZ416$1030.02%
246SHELL PLCRYDAF1,436$1030.02%
247VANGUARD EXTENDED922908652492$1030.02%
248ISHARES MORNINGSTAR4642871271,109$1020.02%
249ISHARES RUSSELL464287648316$1010.02%
250NEXTERA ENERGYNEE-PW1,323$1000.02%
251VANGUARD TOTAL9219378351,337$990.02%
252INVESCO S&PIVZ2,001$990.02%
253ISHARES MSCI4642866081,595$990.02%
254ISHARES 10-20YR464288653959$990.02%
255GRAINGER W W384802104101$960.02%
256NRG ENERGYNRG584$950.02%
257COLGATE-PALMOLIVECL1,175$940.01%
258KKR & COKKRT726$940.01%
259REALTY INCOMEO1,535$930.01%
260NORTHROP GRUMMANNOC153$930.01%
261AMGEN INCAMGN328$920.01%
262XYLEM INCXYL624$920.01%
263WISDOMTREE JAPANWT710$910.01%
264TOTALENERGIES SETTE1,512$900.01%
265CHEMED CORPCHE200$900.01%
266SPDR PORTFOLIO78468R7882,000$880.01%
267NORTHERN TRUSTNTRSO653$880.01%
268ASTRAZENECA PLCAZN1,130$870.01%
269GLOBAL X37954Y6731,825$870.01%
270FIRST TRUST33737J1581,315$860.01%
271ISHARES U S4642888281,686$830.01%
272ISHARES SILVERSLV1,950$830.01%
273LIVE NATIONLYV500$820.01%
274ISHARES IBOXX464287242729$810.01%
275VANGUARD FSTE9220428581,495$810.01%
276DANAHER CORP235851102410$810.01%
277MOTOROLA SOLUTIONSMSI178$810.01%
278ON HOLDINGH5919C1041,888$800.01%
279WYNN RESORTSWYNN625$800.01%
280FIRST TRUST33733E203441$790.01%
281HOWMET AEROSPACEHWM403$790.01%
282PUBLIC SERVICE744573106944$790.01%
283STATE STREETSTT-PG683$790.01%
284AFLAC INCAFL699$780.01%
285APPLOVIN CORPAPP109$780.01%
286BROADCOM INCAVGO235$770.01%
287KRATOS DEFENSE50077B207845$770.01%
288FLOWSERVE CORPFLS1,427$760.01%
289KITE REALTY49803T3003,395$760.01%
290CROWDSTRIKE HOLDINGSCRWD154$760.01%
291VANGUARD FINANCIALS92204A405577$760.01%
292ISHARES MSCI464286392403$730.01%
293CHECK POINTM22465104355$730.01%
294BAKER HUGHESBKR1,485$720.01%
295GENERAL MILLS3703341041,407$710.01%
296SPDR MSCI78463X8481,969$690.01%
297SPDR EMERGING78463X5091,464$690.01%
298ROBINHOOD MARKETS770700102473$680.01%
299AST SPACEMOBILEASTS1,370$670.01%
300ANALOG DEVICESADI271$670.01%
301EVERSOURCE ENERGYES935$670.01%
302PRUDENTIAL FINANCIALPUKPF645$670.01%
303DOLE PLCDOLE4,900$660.01%
304SANOFISNYNF1,407$660.01%
305ISHARES PFD4642886872,096$660.01%
306SILA REALTYSILA2,561$640.01%
307INVESCO DIVIDENDIVZ1,217$620.01%
308HALEON PLCHLNCF6,865$620.01%
309SCHWAB US8085244092,088$610.01%
310FISERV INCFISV471$610.01%
311BANK N TG0772R2081,414$610.01%
312REAL ESTATE81369Y8601,445$610.01%
313GE VERNOVAGEV99$610.01%
314CONSOLIDATED EDISONED591$590.01%
315PINNACLE WESTPNW631$570.01%
316ANNALY CAPITALNLY-PJ2,803$570.01%
317ISHARES 20464287432632$570.01%
318CAVA GROUPCAVA937$570.01%
319SCHWAB FUNDAMENTAL8085247712,139$560.01%
320AUTOMATIC DATAADP191$560.01%
321GEN DIGITALGENVR1,959$560.01%
322INVESCO S&PIVZ1,055$550.01%
323ISHARES HIGH46435G2501,147$550.01%
324DUKE ENERGYDUKB445$550.01%
325ISHARES S&P464287705424$550.01%
326ICICI BANKIBN1,800$540.01%
327LEMONADE INCLMND1,000$540.01%
328ISHARES U S464288810900$540.01%
329INVESCO S&PIVZ4,000$540.01%
330ENERGY TRANSFERET-PI3,069$530.01%
331SCHWAB US8085242012,025$530.01%
332ARTHUR J363576109171$530.01%
333REGENERON PHARMACEUTICALREGN92$520.01%
334ADOBE INCADBE146$520.01%
335QUANTA SERVICES74762E102122$510.01%
336TARGET CORPTGT568$510.01%
337KINDER MORGANEP-PC1,814$510.01%
338INVESCO FTSEIVZ1,115$500.01%
339ECOLAB INCECL182$500.01%
340NOVO NORDISKNONOF901$500.01%
341ISHARES SHORTBLK2,250$500.01%
342AMPLIFY CWP0321084091,100$490.01%
343VANGUARD INTL921946794581$490.01%
344VANGUARD MEGA921910873199$490.01%
345ISHARES CORE464287663487$490.01%
346KIMBERLY CLARKKMB395$490.01%
347ISHARES EXPONENTIAL46434V381676$490.01%
348THERMO FISHERTMO100$490.01%
349FIRSTENERGY CORPFE1,072$490.01%
350XCEL ENERGYXELLL609$490.01%
351COMPASS MNRLSCOMP2,500$480.01%
352ISHARES MSCI464288885416$470.01%
353UTILITIES SELECT81369Y886524$460.01%
354ISHARES SHORT46431W507900$460.01%
355BLACKSTONE INCBX269$460.01%
356INVESCO RAFIIVZ1,020$460.01%
357STRYKER CORPSYK126$460.01%
358CHENIERE ENERGYLNG194$460.01%
359BULLISHBLSH700$450.01%
360ISHARES TECHNOLOGY464287721222$430.01%
361ISHARES MORNINGSTAR464288307515$430.01%
362VANGUARD CONSUMER92204A207200$430.01%
363TEMPUS AITEM533$430.01%
364RENAISSANCERE HOLDINGSRNR-PG166$420.01%
365PERMIAN RESOURCESPR3,297$420.01%
366CROCS INCCROX500$420.01%
367SCHWAB INTL8085248051,756$410.01%
368VANGUARD EMERGING921946885619$410.01%
369QUALCOMM INCQCOM247$410.01%
370CROWN CASTLECCI425$410.01%
371ALLIANT ENERGYLNT594$400.01%
372APPLIED MATERIALS038222105195$400.01%
373HUBBELL INCHUBB92$400.01%
374MARATHON PETROLEUMMARA200$390.01%
375VANECK IG92189F4861,506$390.01%
376MATERIALS SELECT81369Y100436$390.01%
377HOLOGIC INCHOLX572$390.01%
378FIRST TRUST33739Q408630$380.01%
379ADMA BIOLOGICSADMA2,569$380.01%
380OSHKOSH CORPOSK294$380.01%
381WESTERN ALLIANCEWAL-PA434$380.01%
382OSCAR HEALTHOSCR2,000$380.01%
383ISHARES MBS464288588402$380.01%
384CORTEVA INCCTVA550$370.01%
385COMCAST CORPCCZ1,181$370.01%
386SPDR SERIES78464A821399$370.01%
387PHILLIPS 66PSX272$370.01%
388INVESCO S&PIVZ500$370.01%
389WISDOMTREE U SWT412$360.01%
390INVESCO GALAXYBTCO320$360.01%
391ISHARES MORNINGSTAR464288208420$350.01%
392SPDR SERIES78464A201368$350.01%
393EBAY INCEBAY384$350.01%
394SPOTIFY TECHNOLOGYSPOT50$350.01%
395ROCKWELL AUTOMATIONROK100$350.01%
396ACCENTURE PLCACN138$340.01%
397CAMDEN PROPERTY133131102323$340.01%
398VANGUARD FTSE922042775478$340.01%
399REPUBLIC SERVICES760759100149$340.01%
400ISHARES U S464287697300$330.01%
401TEXAS INSTRUMENTS882508104182$330.01%
402VIASAT INCVSAT1,127$330.01%
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