1y return+14.3%S&P 500 +20.9%
3y return+32.8%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2022: $189 against $195 in the S&P 500.2
TLS Advisors LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| EQTEqt Corp | $7.2M | 21.2% | |
| METAMeta Platforms Inc | $6.0M | 17.5% | |
| RIORio Tinto PLC | $4.7M | 14.0% | −32.1% |
| PICKIshares Inc | $4.0M | 11.7% | −32.1% |
| FISVFiserv Inc | $2.5M | 7.2% | +4.2% |
| XENEXenon Pharmaceuticals Inc | $1.9M | 5.5% | |
| Xoma Royalty CorporationCUSIP 98419J206 | $1.8M | 5.3% | −63.3% |
| RRCRange Res Corp | $1.8M | 5.2% | |
| VALEVale S A | $1.0M | 3.0% | −32.1% |
| Alight IncCUSIP 01626W101 | $986K | 2.9% | |
| HOVHovnanian Enterprises Inc | $551K | 1.6% | |
| OABIOmniab Inc | $543K | 1.6% | −11.8% |
| EWSIshares Inc | $403K | 1.2% | |
| IBITIshares Bitcoin Trust Etf | $377K | 1.1% | |
| BHPBhp Billiton Limited | $252K | 0.7% | −32.1% |
| OVIDOvid Therapeutics Inc | $51K | 0.1% | |
| BRLTBrilliant Earth Group Inc | $13K | 0.0% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| Xoma Royalty CorporationCUSIP 98419J206 | December 31, 2022 | +131.0% | $1.8M |
| PICKIshares Inc | March 31, 2025 | +62.1% | $4.0M |
| EWSIshares Inc | December 31, 2022 | +57.4% | $403K |
| EQTEqt Corp | December 31, 2022 | +57.2% | $7.2M |
| XENEXenon Pharmaceuticals Inc | December 31, 2022 | +53.1% | $1.9M |
| RIORio Tinto PLC | June 30, 2023 | +48.7% | $4.7M |
| RRCRange Res Corp | December 31, 2022 | +48.6% | $1.8M |
| BHPBhp Billiton Limited | December 31, 2025 | +38.0% | $252K |
| HOVHovnanian Enterprises Inc | March 31, 2026 | +28.4% | $551K |
| VALEVale S A | June 30, 2023 | +12.1% | $1.0M |
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | −0.9% | +14.8% |
| March 31, 2026 | +8.5% | −4.6% |
| December 31, 2025 | −1.9% | +2.4% |
| September 30, 2025 | +8.2% | +7.8% |
| June 30, 2025 | +6.5% | +10.5% |
| March 31, 2025 | +0.2% | −4.6% |
| December 31, 2024 | −7.1% | +2.1% |
| September 30, 2024 | +7.8% | +5.4% |
| June 30, 2024 | −1.9% | +4.0% |
| March 31, 2024 | +3.4% | +10.0% |
| December 31, 2023 | +5.9% | +11.2% |
| September 30, 2023 | +1.1% | −3.6% |
| June 30, 2023 | +24.6% | +8.3% |
| March 31, 2023 | +14.6% | +7.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: TLS Advisors LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1768824&type=13F-HR&dateb=&owner=include&count=40CIK 1768824
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1768824/000176882426000006/Filed August 14, 2026 · accession 0001768824-26-000006