TNF LLC

CIK

1849683

Location

BILLINGS, MT

Portfolio Value

Micro $37,357,287

Diversification

Diversified

Filing Date

Global Rank

#6,283 / 7,303 ▼ 8

Top Industry

Drug Manufacturers - General 24.1%

3Y Alpha vs SPY

-4.7%

Period ended 1 year ago

Filed Oct 25, 2024 · 1y

13 quarters · since Sep 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+56.6%

SPY

+76.3%

Annualised alpha

-4.7%

Max drawdown

−19.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

44 positions · as of Sep 30, 2024 · Δ vs Jun 30, 2024

Top Position

18.2%

−2.8 pts

Top 5

51.3%

−2.5 pts

Top 10

65.4%

−2.5 pts

HHI

712

Diversified−96

Portfolio Trend

13 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2024

Sector	% Portfolio	Value	Positions
Technology	23.5%	$8,773,588	8
Healthcare	20.6%	$7,705,166	4
Unclassified	16.3%	$6,104,106	4
Financial Services	11.2%	$4,180,623	9
Consumer Cyclical	10.4%	$3,886,814	6
Energy	8.2%	$3,075,625	3
Industrials	3.0%	$1,137,747	4
Real Estate	2.3%	$859,924	3
Consumer Defensive	2.1%	$787,229	1
Basic Materials	1.8%	$668,525	1
Communication Services	0.5%	$177,940	1

Last Quarter's Activity

Export CSV

Sep 30, 2024 vs Jun 30, 2024

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	+494	7,829	$950,753
FIBK	First Interstate Bancsystem Inc	+367	25,376	$778,535
CHY	Calamos Convertible & High Income Fund	+86	16,207	$193,349
F	Ford Motor Co	+20	14,559	$153,743
AAPL	Apple Inc.	+16	20,041	$4,669,553
AVGO	Broadcom Inc.	+2	4,190	$722,775
COST	Costco Wholesale Corp /New	+2	888	$787,229
JPM	Jpmorgan Chase & Co	+1	1,495	$315,235
ADI	Analog Devices Inc	+1	1,595	$367,121
CVX	Chevron Corp	+1	2,745	$404,256
MSFT	Microsoft Corp	+1	2,314	$995,714
DIA	Spdr Dow Jones Industrial Average ETF Trust	+1	1,201	$508,167
No positions match the current search.

Trimmed

Positions the filer reduced

7 positions

Ticker	Company	Δ Shares	Shares	Value
MRK	Merck & Co., Inc.	−882	59,724	$6,782,257
ABBV	AbbVie Inc.	−172	1,510	$298,194
XOM	Exxon Mobil Corp	−158	20,553	$2,409,222
PSA	Public Storage	−82	770	$280,179
AMZN	Amazon Com Inc	−23	7,071	$1,317,539
QQQ	Invesco Qqq Trust, Series 1	−10	5,404	$2,637,530
SPY	Spdr S&P 500 ETF Trust	−1	4,633	$2,658,230
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
UNP	Union Pacific Corp	1,192	$293,804
UPS	United Parcel Service Inc	1,550	$211,327
NRDS	Nerdwallet, Inc.	14,000	$177,940
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

44 positions · $37,357,287 total · as of Sep 30, 2024

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MRK	Merck & Co., Inc. Healthcare	Reduced	59,724	-882	$6,782,257	−9.6%	18.16%
AAPL	Apple Inc. Technology	Added	20,041	+16	$4,669,553	+10.7%	12.50%
SPY	Spdr S&P 500 ETF Trust	Reduced	4,633	-1	$2,658,230	+5.4%	7.12%
QQQ	Invesco Qqq Trust, Series 1	Reduced	5,404	-10	$2,637,530	+1.7%	7.06%
XOM	Exxon Mobil Corp Energy	Reduced	20,553	-158	$2,409,222	+1.0%	6.45%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	7,071	-23	$1,317,539	−3.9%	3.53%
HD	Home Depot, Inc. Consumer Cyclical	Held	2,679	0	$1,085,530	+17.7%	2.91%
MSFT	Microsoft Corp Technology	Added	2,314	+1	$995,714	−3.7%	2.67%
NVDA	Nvidia Corp Technology	Added	7,829	+494	$950,753	+4.9%	2.55%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	2,051	0	$943,993	+13.1%	2.53%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	888	+2	$787,229	+4.5%	2.11%
FIBK	First Interstate Bancsystem Inc Financial Services	Added	25,376	+367	$778,535	+12.1%	2.08%
AVGO	Broadcom Inc. Technology	Added	4,190	+2	$722,775	+7.5%	1.93%
AXP	American Express Co Financial Services	Held	2,579	0	$699,424	+17.1%	1.87%
PPG	Ppg Industries Inc Basic Materials	Held	5,047	0	$668,525	+5.2%	1.79%
EBMT	Eagle Bancorp Montana, Inc. Financial Services	Held	37,868	0	$597,935	+19.0%	1.60%
BARK	Bark, Inc. Consumer Cyclical	Held	18,124	0	$590,842	−9.9%	1.58%
CSCO	Cisco Systems, Inc. Technology	Held	10,155	0	$540,449	+12.0%	1.45%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	1,201	+1	$508,167	+8.3%	1.36%
AMGN	Amgen Inc Healthcare	Held	1,380	0	$444,649	+3.1%	1.19%
DE	Deere & Co Industrials	Held	1,003	0	$418,581	+11.7%	1.12%
CVX	Chevron Corp Energy	Added	2,745	+1	$404,256	−5.8%	1.08%
STAG	STAG Industrial, Inc. Real Estate	Held	9,777	0	$382,182	+8.4%	1.02%
TSLA	Tesla, Inc. Consumer Cyclical	Held	1,437	0	$375,962	+32.2%	1.01%
ADI	Analog Devices Inc Technology	Added	1,595	+1	$367,121	+0.9%	0.98%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Held	3,090	0	$363,198	+6.8%	0.97%
JPM	Jpmorgan Chase & Co Financial Services	Added	1,495	+1	$315,235	+4.3%	0.84%
GLD	Spdr Gold Trust	Held	1,235	0	$300,179	+13.0%	0.80%
ABBV	AbbVie Inc. Healthcare	Reduced	1,510	-172	$298,194	+3.4%	0.80%
UNP	Union Pacific Corp Industrials	NEW	1,192	NEW	$293,804	NEW	0.79%
PSA	Public Storage Real Estate	Reduced	770	-82	$280,179	+14.3%	0.75%
IBM	International Business Machines Corp Technology	Held	1,211	0	$267,727	+27.8%	0.72%
AMP	Ameriprise Financial Inc Financial Services	Held	567	0	$266,382	+10.0%	0.71%
COP	Conocophillips Energy	Held	2,490	0	$262,147	−8.0%	0.70%
PFN	PIMCO Income Strategy Fund II Financial Services	Held	34,175	0	$260,413	+6.3%	0.70%
QCOM	Qualcomm Inc/De Technology	Held	1,526	0	$259,496	−14.6%	0.69%
WM	Waste Management Inc Industrials	Held	1,031	0	$214,035	−2.7%	0.57%
UPS	United Parcel Service Inc Industrials	NEW	1,550	NEW	$211,327	NEW	0.57%
SBRA	Sabra Health Care REIT, Inc. Real Estate	Held	10,616	0	$197,563	+20.8%	0.53%
CHY	Calamos Convertible & High Income Fund Financial Services	Added	16,207	+86	$193,349	+7.5%	0.52%
BDX	Becton Dickinson & Co Healthcare	Held	950	0	$180,066	+3.2%	0.48%
NRDS	Nerdwallet, Inc. Communication Services	NEW	14,000	NEW	$177,940	NEW	0.48%
F	Ford Motor Co Consumer Cyclical	Added	14,559	+20	$153,743	−15.7%	0.41%
HYT	Blackrock Corporate High Yield Fund, Inc. Financial Services	Held	12,461	0	$125,357	+3.8%	0.34%