Institutional Manager · CIK 0002020781
Tenon Financial LLC
METUCHEN, NJ · File #028-24079
Latest AUM
$237.2M
Positions
49
Top-10 Concentration
88.7%
Filings
8
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | VANGUARD STAR FDS | 921909768 | +153,525 | +$11.6M | +$703,983 |
| ADD | VANGUARD INDEX FDS | 922908652 | +51,451 | +$10.8M | -$14,099 |
| ADD | VANGUARD INDEX FDS | 922908363 | +14,125 | +$8.9M | +$1.2M |
| ADD | VANGUARD BD INDEX FDS | 921937835 | +111,858 | +$8.3M | -$95,346 |
| EXITED | INVESCO EXCH TRD SLF IDX FD | 46138J825 | -127,808 | -$2.6M | $0 |
| REDUCE | VANGUARD TAX-MANAGED FDS | 921943858 | -15,958 | -$996,896 | +$570,710 |
| ADD | INVESCO EXCH TRD SLF IDX FD | IVZ | +47,134 | +$970,960 | +$1,772 |
| REDUCE | VANGUARD INDEX FDS | 922908769 | -2,828 | -$948,165 | +$175,113 |
| ADD | AMAZON COM INC | AMZN | +3,715 | +$857,496 | +$44,945 |
| ADD | APPLE INC | AAPL | +2,719 | +$739,198 | +$213,823 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202549 pos · $237.2M
- 13F HOLDINGS REPORTQ/E Sep 202548 pos · $194.7M
- 13F HOLDINGS REPORTQ/E Jun 202546 pos · $226.4M
- 13F HOLDINGS REPORTQ/E Mar 202546 pos · $161.6M
- 13F HOLDINGS REPORTQ/E Dec 202446 pos · $154.4M
- 13F HOLDINGS REPORTQ/E Sep 202444 pos · $151.0M
- 13F HOLDINGS REPORTQ/E Jun 202441 pos · $128.2M
- 13F HOLDINGS REPORTQ/E Mar 202438 pos · $118.5M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908363 | 93,676 | $58.7M | 24.76% |
| 2 | VANGUARD INDEX FDS | 922908652 | 228,681 | $47.8M | 20.16% |
| 3 | VANGUARD STAR FDS | 921909768 | 502,297 | $37.9M | 15.97% |
| 4 | VANGUARD BD INDEX FDS | 921937835 | 430,069 | $31.9M | 13.43% |
| 5 | VANGUARD TAX-MANAGED FDS | 921943858 | 207,832 | $13.0M | 5.47% |
| 6 | VANGUARD INDEX FDS | 922908769 | 21,781 | $7.3M | 3.08% |
| 7 | APPLE INC | AAPL | 14,392 | $3.9M | 1.65% |
| 8 | INVESCO EXCH TRD SLF IDX FD | IVZ | 175,486 | $3.4M | 1.45% |
| 9 | ISHARES TR | 464287150 | 22,540 | $3.4M | 1.41% |
| 10 | INVESCO EXCH TRD SLF IDX FD | IVZ | 159,595 | $3.2M | 1.33% |
| 11 | ELI LILLY & CO | LLY | 2,317 | $2.5M | 1.05% |
| 12 | MICROSOFT CORP | MSFT | 3,761 | $1.8M | 0.77% |
| 13 | AMAZON COM INC | AMZN | 7,880 | $1.8M | 0.77% |
| 14 | INVESCO EXCH TRD SLF IDX FD | IVZ | 77,675 | $1.6M | 0.67% |
| 15 | VANGUARD SCOTTSDALE FDS | 92206C706 | 22,655 | $1.4M | 0.57% |
| 16 | TRANE TECHNOLOGIES PLC | TT | 3,355 | $1.3M | 0.55% |
| 17 | ISHARES TR | 464287200 | 1,641 | $1.1M | 0.47% |
| 18 | VANGUARD INDEX FDS | 922908736 | 2,256 | $1.1M | 0.46% |
| 19 | VANGUARD MUN BD FDS | 922907746 | 21,763 | $1.1M | 0.46% |
| 20 | AMERICAN CENTY ETF TR | 025072877 | 8,203 | $836,568 | 0.35% |