13F
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True Link Financial Advisors, LLC

13F equity value
$1.6B
Positions
418
Top 10 concentration
87.2%
Quarters / total new picks
18 / 163
13F equity value over time
$0M$823M$2B2020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 18 quarters, returned +4.3% per quarter — versus +1.6% per quarter from simply owning every 13F stock. It beat that baseline in only 61.1% of quarters (excess t = 1.62, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+6.3%
t-stat
1.62
Quarterly win rate
61%
Annualized excess
+11.6%
$1 → follow vs universe
$2.04 vs $1.27
Cumulative return: $1 invested in new picks vs universe
1.00 20210331: universe 1.00920210630: universe 1.09020210930: universe 0.97820211231: universe 0.83220220331: universe 0.89420220630: universe 0.82820220930: universe 0.88920230331: universe 0.93720230630: universe 0.90320231231: universe 0.94420240331: universe 0.96520240630: universe 1.05320240930: universe 1.04420241231: universe 0.97420250331: universe 1.06220250630: universe 1.09520250930: universe 1.23220251231: universe 1.274 20210331: follow 1.08120210630: follow 1.09320210930: follow 1.17520211231: follow 1.24320220331: follow 1.30720220630: follow 1.35720220930: follow 1.34220230331: follow 1.09420230630: follow 1.13220231231: follow 1.27020240331: follow 1.37720240630: follow 1.42720240930: follow 1.46920241231: follow 1.54320250331: follow 1.57220250630: follow 1.57420250930: follow 1.95420251231: follow 2.039 0.76 1.48 2.20 20212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 418 · 2026 Q1

Ticker Value Weight QoQ
BIV $414M
25.5%
ADD
BSV $195M
12.0%
ADD
IVV $184M
11.3%
TRIM
DFCF $180M
11.1%
ADD
ITOT $106M
6.5%
TRIM
IEFA $79M
4.9%
HOLD
VTIP $73M
4.5%
HOLD
DFAE $62M
3.8%
ADD
QUAL $61M
3.8%
HOLD
DFIV $59M
3.6%
TRIM
VIG $59M
3.6%
HOLD
IAGG $45M
2.8%
ADD
DFAS $16M
1.0%
ADD
IEUR $9M
0.5%
HOLD
IWF $4M
0.3%
TRIM
EFA $4M
0.3%
ADD
SGOV $4M
0.2%
ADD
IBTG $4M
0.2%
ADD
DLN $3M
0.2%
HOLD
LMT $3M
0.2%
TRIM

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

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Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.