Tandem Financial, LLC

Registered adviser

CIK

2049157

Location

GREENWOOD VILLAGE, CO

Portfolio Value

Small $325,436,345

Diversification

Diversified

Filing Date

Global Rank

#4,795 / 8,814 ▼ 276

Top Industry

Engineering & Construction 23.9%

3Y Alpha vs SPY

+1.3%

Period ended 4 months ago

Filed Aug 14, 2026 · 2mo

7 quarters · since Dec 2024

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 292565

Roster of Oct 1, 2026

Regulatory AUM

$541,816,993

Main clients

Individuals and high net worth (92% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$541,816,993	Individuals and high net worth (92%)
Apr 2025 to Mar 2026	$291,204,848	Individuals and high net worth (89%)
Apr 2024 to Mar 2025	$255,117,026	Individuals and high net worth (90%)
May 2023 to Mar 2024	$218,703,065	Individuals and high net worth (91%)
Apr 2023	$218,703,065	Individuals and high net worth (91%)
Apr 2022 to Mar 2023	$224,545,051	Individuals and high net worth (88%)

1 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 71.7% of the book (60%+)

Turnover

Medium turnover

36.1% over the last four quarters (30% to under 100%)

Horizon

Medium horizon

Value-weighted holding period 4.2 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 88.6%; sector active share 80.8% against the combined 13F book's sector weights.

Over time 7 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

99 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

22.6%

−1.7 pts

Top 5

53.3%

−0.9 pts

Top 10

73.8%

−0.0 pts

HHI

881

Diversified−54

Portfolio Trend

7 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	90.5%	$294,567,753	69
Industrials	2.5%	$8,063,185	2
Technology	2.3%	$7,633,947	8
Basic Materials	1.2%	$3,863,926	3
Consumer Defensive	1.1%	$3,500,164	4
Communication Services	0.9%	$2,821,996	2
Financial Services	0.8%	$2,453,086	4
Energy	0.4%	$1,159,681	2
Consumer Cyclical	0.2%	$800,541	2
Real Estate	0.1%	$346,795	2
Healthcare	0.1%	$225,271	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
CLOI	VanEck CLO ETF	+47,514	177,333	$9,389,782
VEA	Vanguard FTSE Developed Markets ETF	+43,552	251,962	$17,952,292
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+36,274	97,845	$5,840,368
IWF	iShares Russell 1000 Growth ETF	+29,601	39,682	$4,927,313
FNDE	Schwab Fundamental Emerging Markets Equity ETF	+25,708	354,450	$14,064,576
UBND	VictoryShares Core Plus Bond ETF	+22,466	106,198	$2,307,151
VUG	VANGUARD GROWTH INDEX FUND	+12,963	15,630	$1,346,368
NUV	Nuveen Municipal Value Fund Inc	+12,800	152,594	$1,406,916
IMCG	iShares Morningstar Mid-Cap Growth ETF	+5,027	112,506	$11,059,339
GPIX	Goldman Sachs S&P 500 Premium Income ETF	+4,902	68,093	$3,783,928
IUS	Invesco RAFI Strategic US ETF	+4,658	93,281	$6,117,367
GPIQ	Goldman Sachs Nasdaq-100 Premium Income ETF	+4,532	72,476	$4,298,551
BIV	Vanguard Bond Index Funds	+4,108	308,414	$23,655,353
GDX	VanEck Gold Miners ETF	+3,199	170,681	$12,877,881
—		+2,683	48,731	$1,347,412
VCRM	Vanguard Municipal Bond Funds	+2,547	6,285	$480,174
DFAC	Dimensional U.S. Core Equity 2 ETF	+1,740	65,535	$2,907,132
IJR	iShares Core S&P Small-Cap ETF	+1,688	7,499	$1,112,176
JMUB	JPMorgan Municipal ETF	+1,660	26,854	$1,360,289
URNM		+1,548	42,667	$2,243,857
XOM	ExxonMobil Holdings Corp	+1,159	4,674	$639,029
IWM	iShares Russell 2000 ETF	+942	16,741	$5,029,833
PFXF	VanEck Preferred Securities ex Financials ETF	+889	67,946	$1,212,156
SPY	Spdr S&P 500 ETF Trust	+757	18,217	$13,603,909
DFIV	Dimensional International Value ETF	+726	18,403	$994,130
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
AAAU	Goldman Sachs Physical Gold ETF	−48,110	71,050	$2,811,448
JQUA	JPMorgan U.S. Quality Factor ETF	−41,386	86,719	$6,268,049
ILCV	iShares Morningstar Value ETF	−14,550	66,287	$6,710,895
IVV	iShares Core S&P 500 ETF	−14,194	50,823	$38,060,836
NLY	Annaly Capital Management Inc	−5,035	14,441	$322,900
DFAU	Dimensional US Core Equity Market ETF	−4,866	80,002	$4,135,303
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income ETF	−3,325	29,851	$1,507,475
DFAE	Dimensional Emerging Core Equity Market ETF	−2,957	57,896	$2,327,998
FLXR		−2,565	75,140	$2,946,239
QQQ	Invesco Qqq Trust, Series 1	−2,473	18,293	$13,470,965
SPAB	State Street(R) SPDR(R) Portfolio Aggregate Bond ETF	−2,445	38,846	$991,349
DFGP	Dimensional Global Core Plus Fixed Income ETF	−2,439	17,570	$956,862
DFIC	Dimensional International Core Equity 2 ETF	−2,252	70,203	$2,615,763
VGLT	VANGUARD LONG-TERM TREASURY INDEX FUND	−1,670	119,004	$6,566,640
DUHP	Dimensional US High Profitability ETF	−1,385	31,595	$1,318,459
—		−942	7,400	$556,850
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	−840	1,682	$320,454
DFSV	Dimensional US Small Cap Value ETF	−749	16,373	$635,108
DFEV	Dimensional Emerging Markets Value ETF	−729	20,290	$865,713
SCHD	Schwab U.S. Dividend Equity ETF	−726	15,043	$477,013
IEF	iShares 7-10 Year Treasury Bond ETF	−636	9,035	$854,439
IWD	iShares Russell 1000 Value ETF	−630	18,731	$4,540,956
AMLP	Alerian MLP ETF	−362	35,267	$0
PWR	Quanta Services, Inc.	−315	10,242	$7,374,649
AMZN	Amazon Com Inc	−249	2,420	$576,782
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	11,709	$681,463
AMD	Advanced Micro Devices Inc	492	$285,807
VCTR	Victory Capital Holdings, Inc.	3,033	$254,953
QQQM	Invesco Ltd.	732	$221,774
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	546	$202,041
HACK		1,918	$201,255
DOUG	Douglas Elliman Inc.	13,500	$23,895
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
XSW	State Street(R) SPDR(R) S&P(R) Software & Services ETF	19,355	$2,754,022
SLV	iShares Silver Trust	4,034	$274,876
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

99 tracked positions · $325,436,345 total · filing declares 101 positions · $332,438,549 · as of Jun 30, 2026

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

Showing 1–50 of 99 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
IVV	iShares Core S&P 500 ETF	Reduced	50,823	-14,194	$38,060,836	−10.4%	7	before history	11.70%
QQQ	Invesco Qqq Trust, Series 1 PUT + SHARES	Reduced	47,093	-3,873	$34,679,285	+17.9%	2	$607.50	10.66%
BIV	Vanguard Bond Index Funds	Added	308,414	+4,108	$23,655,353	+0.7%	2	$77.83	7.27%
VEA	Vanguard FTSE Developed Markets ETF	Added	251,962	+43,552	$17,952,292	+34.4%	2	$66.63	5.52%
FNDE	Schwab Fundamental Emerging Markets Equity ETF	Added	354,450	+25,708	$14,064,576	+11.8%	2	$38.70	4.32%
SPY	Spdr S&P 500 ETF Trust	Added	18,217	+157	$13,603,909	+15.8%	7	before history	4.18%
GDX	VanEck Gold Miners ETF	Added	170,681	+3,199	$12,877,881	−16.2%	7	before history	3.96%
IMCG	iShares Morningstar Mid-Cap Growth ETF	Added	112,506	+5,027	$11,059,339	+30.6%	7	before history	3.40%
CLOI	VanEck CLO ETF	Added	177,333	+47,514	$9,389,782	+37.2%	2	$52.78	2.89%
PWR	Quanta Services, Inc. Industrials	Reduced	10,242	-315	$7,374,649	+27.2%	2	$514.99	2.27%
ILCV	iShares Morningstar Value ETF	Reduced	66,287	-14,550	$6,710,895	−10.9%	2	unpriced	2.06%
VGLT	VANGUARD LONG-TERM TREASURY INDEX FUND	Reduced	119,004	-1,670	$6,566,640	−1.7%	7	before history	2.02%
JQUA	JPMorgan U.S. Quality Factor ETF	Reduced	86,719	-41,386	$6,268,049	−20.2%	2	$63.47	1.93%
IUS	Invesco RAFI Strategic US ETF	Added	93,281	+4,658	$6,117,367	+19.2%	2	$59.38	1.88%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Added	97,845	+36,274	$5,840,368	+75.5%	4	$56.48	1.79%
JBND	JPMorgan Active Bond ETF	Added	108,756	+558	$5,818,446	+0.0%	2	$54.15	1.79%
IWM	iShares Russell 2000 ETF	Added	16,741	+942	$5,029,833	+28.4%	7	before history	1.55%
BNDX	Vanguard Total International Bond ETF	Reduced	101,802	-135	$4,930,270	+0.7%	2	$48.49	1.51%
IWF	iShares Russell 1000 Growth ETF	Added	39,682	+29,601	$4,927,313	+14.6%	7	before history	1.51%
IWD	iShares Russell 1000 Value ETF	Reduced	18,731	-630	$4,540,956	+9.8%	7	before history	1.40%
GPIQ	Goldman Sachs Nasdaq-100 Premium Income ETF	Added	72,476	+4,532	$4,298,551	+27.8%	2	$52.10	1.32%
DFAU	Dimensional US Core Equity Market ETF	Reduced	80,002	-4,866	$4,135,303	+8.0%	2	$47.02	1.27%
VB	Vanguard Index Funds	Added	12,742	+435	$3,862,355	+19.8%	2	unpriced	1.19%
GPIX	Goldman Sachs S&P 500 Premium Income ETF	Added	68,093	+4,902	$3,783,928	+19.7%	2	$52.28	1.16%
GLD	Spdr Gold Trust	Added	10,175	+85	$3,748,266	−13.7%	7	before history	1.15%
FLXR		Reduced	75,140	-2,565	$2,946,239	−3.4%	7	before history	0.91%
DFAC	Dimensional U.S. Core Equity 2 ETF	Added	65,535	+1,740	$2,907,132	+17.3%	2	$40.35	0.89%
AAAU	Goldman Sachs Physical Gold ETF	Reduced	71,050	-48,110	$2,811,448	−48.9%	2	$48.08	0.86%
MSFT	Microsoft Corp Technology	Added	7,259	+9	$2,707,752	+0.9%	7	before history	0.83%
DFIC	Dimensional International Core Equity 2 ETF	Reduced	70,203	-2,252	$2,615,763	+1.6%	2	$36.34	0.80%
PM	Philip Morris International Inc. Consumer Defensive	Held	14,238	0	$2,575,796	+9.4%	7	before history	0.79%
AAPL	Apple Inc. Technology	Reduced	8,712	-187	$2,520,904	+11.6%	6	$232.20	0.77%
MP	MP Materials Corp. Basic Materials	Added	42,076	+210	$2,356,676	+16.6%	7	before history	0.72%
DFAE	Dimensional Emerging Core Equity Market ETF	Reduced	57,896	-2,957	$2,327,998	+13.0%	2	$34.96	0.72%
UBND	VictoryShares Core Plus Bond ETF	Added	106,198	+22,466	$2,307,151	+26.5%	2	$21.93	0.71%
URNM		Added	42,667	+1,548	$2,243,857	−13.6%	7	before history	0.69%
GOOGL	Alphabet Inc. Communication Services	Reduced	4,273	-127	$1,527,042	+20.7%	6	$195.02	0.47%
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income ETF	Reduced	29,851	-3,325	$1,507,475	−6.7%	7	before history	0.46%
NUV	Nuveen Municipal Value Fund Inc Financial Services	Added	152,594	+12,800	$1,406,916	+11.9%	7	before history	0.43%
JMUB	JPMorgan Municipal ETF	Added	26,854	+1,660	$1,360,289	+8.0%	2	$50.68	0.42%
		Added	48,731	+2,683	$1,347,412	+22.6%	2	$25.00	0.41%
VUG	VANGUARD GROWTH INDEX FUND	Added	15,630	+12,963	$1,346,368	+15.6%	2	unpriced	0.41%
DUHP	Dimensional US High Profitability ETF	Reduced	31,595	-1,385	$1,318,459	+8.8%	2	$38.35	0.41%
GOOG	Alphabet Inc. Communication Services	Reduced	3,665	-18	$1,294,954	+22.6%	7	before history	0.40%
EMLP	First Trust North American Energy Infrastructure Fund	Reduced	28,153	-199	$1,224,655	−1.1%	7	before history	0.38%
PFXF	VanEck Preferred Securities ex Financials ETF	Added	67,946	+889	$1,212,156	+3.1%	7	before history	0.37%
VBK	VANGUARD SMALL-CAP GROWTH INDEX FUND	Added	3,185	+60	$1,164,754	+23.3%	7	before history	0.36%
IJR	iShares Core S&P Small-Cap ETF	Added	7,499	+1,688	$1,112,176	+54.0%	2	unpriced	0.34%
DFIV	Dimensional International Value ETF	Added	18,403	+726	$994,130	+6.6%	2	$53.07	0.31%
SPAB	State Street(R) SPDR(R) Portfolio Aggregate Bond ETF	Reduced	38,846	-2,445	$991,349	−6.3%	2	$25.80	0.30%

Showing the top 50 of 99 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.