Tannin Capital LLC
Registered adviserFiling Date
Global Rank
#7,325
/ 8,817
▼ 98
Top Industry
Semiconductors
9.1%
Period ended 4 months ago
Filed Aug 4, 2026 · 3mo
3 quarters · since Dec 2025
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
Regulatory AUM
$824,879,157
Main clients
Other
(64% 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 | $824,879,157 | Other (64%) |
| Apr 2025 to Mar 2026 | $512,274,412 | Other (57%) |
| Apr 2024 to Mar 2025 | $362,315,194 | Diversified |
| May 2023 to Mar 2024 | $181,998,683 | Diversified |
| Apr 2023 | $181,998,683 | Diversified |
| Apr 2022 to Mar 2023 | $207,203,335 | Individuals and high net worth (56%) |
4 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
Diversified active
Top 10 weight 39.1%, 46.5 effective positions, active share 58.1% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Turnover unknown
It needs four straight quarters of measured turnover
Horizon
Short horizon
Value-weighted holding period 2.7 quarters (under 4)
Closest benchmark: every 13F filer's combined book, active share 58.1%; sector active share 23.0% against the combined 13F book's sector weights.
Over time 3 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 backtestPortfolio Concentration
169 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
6.0%
+0.0 pts
Top 5
24.5%
−2.0 pts
Top 10
39.1%
−1.7 pts
HHI
215
Diversified−19
Portfolio Trend
3 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 29.1% | $44,102,552 |
| Technology | 18.8% | $28,461,656 |
| Financial Services | 17.7% | $26,845,684 |
| Industrials | 7.7% | $11,751,637 |
| Healthcare | 6.6% | $9,937,094 |
| Communication Services | 6.5% | $9,880,816 |
| Consumer Cyclical | 4.7% | $7,135,471 |
| Consumer Defensive | 3.6% | $5,488,397 |
| Energy | 2.8% | $4,292,968 |
| Utilities | 1.5% | $2,228,484 |
| Basic Materials | 1.0% | $1,518,625 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VUG | VANGUARD GROWTH INDEX FUND | +26,977 | 32,566 | $2,805,235 | |
| — | +17,935 | 22,701 | $622,234 | ||
| IWF | iShares Russell 1000 Growth ETF | +7,854 | 10,472 | $1,300,308 | |
| VGT | VANGUARD INFORMATION TECHNOLOGY INDEX FUND | +4,846 | 5,638 | $673,853 | |
| KMB | Kimberly Clark Corp | +4,171 | 8,361 | $917,786 | |
| FIG | Figma, Inc. | +3,783 | 21,286 | $385,063 | |
| BKNG | Booking Holdings Inc. | +3,723 | 3,854 | $686,936 | |
| GEOS | Geospace Technologies Corp | +2,448 | 19,657 | $133,077 | |
| SPDW | State Street(R) SPDR(R) Portfolio Developed World ex-US ETF | +2,300 | 27,785 | $1,400,086 | |
| BSX | Boston Scientific Corp | +2,127 | 7,229 | $308,533 | |
| IDEV | iShares Core MSCI International Developed Markets ETF | +1,759 | 5,758 | $512,519 | |
| BX | Blackstone Inc. | +1,584 | 5,032 | $592,115 | |
| NFLX | Netflix Inc | +1,331 | 10,458 | $746,701 | |
| NVDA | Nvidia Corp | +1,158 | 22,800 | $4,562,052 | |
| MCD | Mcdonalds Corp | +1,095 | 2,604 | $703,887 | |
| VEU | Vanguard International Equity Index Funds | +1,007 | 6,064 | $507,860 | |
| UBER | Uber Technologies, Inc | +857 | 4,870 | $351,419 | |
| PG | PROCTER & GAMBLE Co | +738 | 8,233 | $1,207,287 | |
| MSFT | Microsoft Corp | +719 | 6,911 | $2,577,941 | |
| ABT | Abbott Laboratories | +581 | 6,284 | $570,210 | |
| IE | Ivanhoe Electric Inc. | +573 | 54,861 | $527,214 | |
| TSCO | Tractor Supply Co | +512 | 12,882 | $407,200 | |
| HD | Home Depot, Inc. | +511 | 6,862 | $2,420,090 | |
| CL | Colgate Palmolive Co | +494 | 9,829 | $901,122 | |
| BP | Bp PLC | +493 | 12,523 | $462,724 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CLIP | Global X 1-3 Month T-Bill ETF | −23,130 | 57,295 | $5,748,980 | |
| CSCO | Cisco Systems, Inc. | −3,283 | 14,596 | $1,714,446 | |
| INTC | Intel Corp | −3,116 | 9,092 | $1,269,515 | |
| OIH | VanEck Oil Services ETF | −2,818 | 1,833 | $681,930 | |
| BAC | Bank Of America Corp | −2,781 | 19,878 | $1,132,648 | |
| DIVO | Amplify CWP Enhanced Dividend Income ETF | −2,374 | 28,576 | $1,305,923 | |
| SPRY | ARS Pharmaceuticals, Inc. | −2,153 | 16,440 | $131,684 | |
| FAST | Fastenal Co | −1,885 | 12,677 | $608,876 | |
| PEP | Pepsico Inc | −1,871 | 5,222 | $707,058 | |
| QQQJ | Invesco Ltd. | −1,849 | 22,811 | $1,036,531 | |
| CSX | Csx Corp | −1,645 | 24,437 | $1,161,490 | |
| USAR | USA Rare Earth, Inc. | −1,602 | 20,835 | $449,619 | |
| WMT | Walmart Inc. | −1,472 | 11,053 | $1,251,862 | |
| SBUX | Starbucks Corp | −1,357 | 2,386 | $243,825 | |
| AAPL | Apple Inc. | −1,128 | 18,390 | $5,321,330 | |
| PFE | Pfizer Inc | −1,011 | 14,784 | $355,998 | |
| CALY | Callaway Golf Co | −999 | 11,521 | $216,479 | |
| IJH | iShares Core S&P Mid-Cap ETF | −838 | 19,070 | $1,470,487 | |
| RTX | RTX Corp | −691 | 6,048 | $1,147,487 | |
| GOOGL | Alphabet Inc. | −651 | 12,833 | $4,586,129 | |
| EW | Edwards Lifesciences Corp | −582 | 4,976 | $450,128 | |
| VT | VANGUARD TOTAL WORLD STOCK INDEX FUND | −578 | 11,424 | $1,792,996 | |
| AM | Antero Midstream Corp | −493 | 9,336 | $212,394 | |
| WTS | Watts Water Technologies Inc | −471 | 742 | $290,455 | |
| OII | Oceaneering International Inc | −442 | 10,104 | $409,414 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| IBIT | iShares Bitcoin Trust ETF | 49,185 | $1,637,368 | |
| MA | Mastercard Inc | 1,131 | $580,881 | |
| SPCX | Space Exploration Technologies Corp | 2,771 | $473,453 | |
| AMAT | Applied Materials Inc | 604 | $436,692 | |
| ACN | Accenture plc | 2,958 | $368,093 | |
| HONA | Honeywell Aerospace Inc. | 1,425 | $315,039 | |
| SNOW | Snowflake Inc. | 1,171 | $298,019 | |
| DELL | Dell Technologies Inc. | 634 | $273,545 | |
| WMB | Williams Companies, Inc. | 3,429 | $254,911 | |
| PGR | Progressive Corp | 1,139 | $248,814 | |
| RLI | Rli Corp | 4,064 | $240,060 | |
| LRCX | Lam Research Corp | 550 | $238,331 | |
| IVW | iShares S&P 500 Growth ETF | 1,701 | $233,938 | |
| FLKR | Franklin FTSE South Korea ETF | 3,536 | $233,658 | |
| EWS | iShares MSCI Singapore ETF | 7,889 | $233,593 | |
| GPIQ | Goldman Sachs Nasdaq-100 Premium Income ETF | 3,935 | $233,384 | |
| IYW | iShares, Inc. | 920 | $232,051 | |
| OTIS | Otis Worldwide Corp | 3,205 | $229,478 | |
| INTU | Intuit Inc. | 876 | $228,636 | |
| MU | Micron Technology Inc | 197 | $227,395 | |
| EWT | iShares MSCI Taiwan ETF | 2,091 | $227,103 | |
| QQQM | Invesco Ltd. | 729 | $220,865 | |
| LOB | Live Oak Bancshares, Inc. | 5,388 | $220,045 | |
| ELV | Elevance Health, Inc. | 552 | $213,474 | |
| JKHY | Jack Henry & Associates Inc | 1,500 | $206,610 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
10 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| HON | Honeywell International Inc | 2,900 | $655,487 | |
| CRCL | Circle Internet Group, Inc. | 5,729 | $546,603 | |
| EXPD | Expeditors International Of Washington Inc | 3,104 | $444,585 | |
| ETR | Entergy Corp | 2,808 | $315,506 | |
| NLY | Annaly Capital Management Inc | 11,982 | $253,419 | |
| UI | Ubiquiti Inc. | 305 | $241,038 | |
| PLD | Prologis, Inc. | 1,710 | $226,027 | |
| LOW | Lowes Companies Inc | 901 | $212,888 | |
| IXUS | iShares Core MSCI Total International Stock ETF | 2,312 | $200,311 | |
| RWT | Redwood Trust Inc | 27,672 | $155,239 | |
| No positions match the current search. | ||||
169 tracked positions ·
$151,643,384 total
· filing declares
169 positions · $152,151,526
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Technology
Utilities
Showing 1–50
of 169 positions by value
· page 1 of 4
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| BRK-A |
Berkshire Hathaway Inc
Financial Services
|
Held | 8 | $5,990,800 | 3.95% | |
| CLIP |
Global X 1-3 Month T-Bill ETF
|
Reduced | 57,295 | $5,748,980 | 3.79% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 16,711 | $5,470,011 | 3.61% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 18,390 | $5,321,330 | 3.51% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 12,833 | $4,586,129 | 3.02% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 22,800 | $4,562,052 | 3.01% | |
| VOO |
VANGUARD 500 INDEX FUND
|
Reduced | 5,385 | $3,698,471 | 2.44% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 8,953 | $3,381,995 | 2.23% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Reduced | 3,303 | $3,340,555 | 2.20% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 12,795 | $3,219,733 | 2.12% | |
| VUG |
VANGUARD GROWTH INDEX FUND
|
Added | 32,566 | $2,805,235 | 1.85% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 6,911 | $2,577,941 | 1.70% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Added | 6,862 | $2,420,090 | 1.60% | |
| SPY |
Spdr S&P 500 ETF Trust
|
Reduced | 3,214 | $2,400,118 | 1.58% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Added | 8,084 | $2,053,093 | 1.35% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 5,519 | $1,893,513 | 1.25% | |
| EMR |
Emerson Electric Co
Industrials
|
Reduced | 13,034 | $1,865,817 | 1.23% | |
| VTI |
VANGUARD TOTAL STOCK MARKET INDEX FUND
|
Reduced | 4,905 | $1,815,046 | 1.20% | |
| VT |
VANGUARD TOTAL WORLD STOCK INDEX FUND
|
Reduced | 11,424 | $1,792,996 | 1.18% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 14,596 | $1,714,446 | 1.13% | |
| IBIT |
iShares Bitcoin Trust ETF
|
NEW | 49,185 | $1,637,368 | 1.08% | |
| STX |
Seagate Technology Holdings plc
Technology
|
Held | 1,673 | $1,614,445 | 1.06% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 6,771 | $1,613,800 | 1.06% | |
| IWD |
iShares Russell 1000 Value ETF
|
Reduced | 6,629 | $1,607,068 | 1.06% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 4,479 | $1,582,565 | 1.04% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 2,796 | $1,574,958 | 1.04% | |
| IJH |
iShares Core S&P Mid-Cap ETF
|
Reduced | 19,070 | $1,470,487 | 0.97% | |
| SPDW |
State Street(R) SPDR(R) Portfolio Developed World ex-US ETF
|
Added | 27,785 | $1,400,086 | 0.92% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 2,661 | $1,331,537 | 0.88% | |
| DIVO |
Amplify CWP Enhanced Dividend Income ETF
|
Reduced | 28,576 | $1,305,923 | 0.86% | |
| IWF |
iShares Russell 1000 Growth ETF
|
Added | 10,472 | $1,300,308 | 0.86% | |
| INTC |
Intel Corp
Technology
|
Reduced | 9,092 | $1,269,515 | 0.84% | |
| DIA |
Spdr Dow Jones Industrial Average ETF Trust
|
Reduced | 2,416 | $1,262,094 | 0.83% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 11,053 | $1,251,862 | 0.83% | |
| SO |
Southern Co
Utilities
|
Added | 12,844 | $1,229,299 | 0.81% | |
| CVX |
Chevron Corp
Energy
|
Reduced | 7,411 | $1,228,447 | 0.81% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 8,233 | $1,207,287 | 0.80% | |
| EME |
EMCOR Group, Inc.
Industrials
|
Reduced | 1,435 | $1,190,877 | 0.79% | |
| CSX |
Csx Corp
Industrials
|
Reduced | 24,437 | $1,161,490 | 0.77% | |
| QQQ |
Invesco Qqq Trust, Series 1
|
Added | 1,560 | $1,148,784 | 0.76% | |
| RTX |
RTX Corp
Industrials
|
Reduced | 6,048 | $1,147,487 | 0.76% | |
| BAC |
Bank Of America Corp
Financial Services
|
Reduced | 19,878 | $1,132,648 | 0.75% | |
| OKE |
Oneok Inc
Energy
|
Held | 12,728 | $1,106,572 | 0.73% | |
| IUSG |
iShares Core S&P U.S. Growth ETF
|
Added | 5,814 | $1,093,555 | 0.72% | |
| QQQJ |
Invesco Ltd.
Financial Services
|
Reduced | 22,811 | $1,036,531 | 0.68% | |
| COF |
Capital One Financial Corp
Financial Services
|
Reduced | 4,918 | $986,649 | 0.65% | |
| IBM |
International Business Machines Corp
Technology
|
Reduced | 3,443 | $968,206 | 0.64% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Added | 8,361 | $917,786 | 0.61% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
Added | 9,829 | $901,122 | 0.59% | |
| SHOP |
Shopify Inc.
Technology
|
Added | 7,545 | $861,488 | 0.57% |
Showing the top 50 of 169 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.