TLF β€” Tandy Leather Factory Inc

Ownership history in FIRST FOUNDATION ADVISORS  Β·  19 quarters on record

This page tracks every 13F SEC filing in which FIRST FOUNDATION ADVISORS reported a position in Tandy Leather Factory Inc (TLF). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.18% (2023 Q1)
πŸ“Š Avg. % of fund
0.1%
πŸ“… First filed
2019 Q3
πŸ“… Last filed
2025 Q4
⏱ Quarters held
19

Position Intelligence

FIRST FOUNDATION ADVISORS Γ— TLF AI Analytics

πŸ“‰ FIRST FOUNDATION ADVISORS underperformed the S&P 500 by –22.8% annually on this TLF position. Timing score: 58% (7/12 decisions correct). Average cost basis: $2.07. Maximum drawdown during holding period: –44.2%.

πŸ“ˆ Position Alpha vs SPY
-22.8%
annualised excess return

❌ Significantly underperformed the S&P 500 by 22.8% ann.
18 quarters analyzed

⏱️ Timing Score
58%

βœ… Decent timing β€” more right than wrong on entries and exits.
7 of 12 add/trim decisions correct

πŸ’° Entry Quality
$2.07
+0.0% vs current ($2.07)

Best entry: $1.97 (2020 Q1)  Β·  Worst: $3.12 (2019 Q4)

πŸ›‘οΈ Drawdown Resilience
–44.2%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
58%
buy-side decisions

7 adds Β· 5 trims. Bought during 2 of 10 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.05% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    TLF price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 UNCHANGED 449,493 β€” 0% 0.05% $1.2M $2.07
2025 Q3 REDUCED 449,493 -32,663 -6.8% 0.05% $1.4M $2.27
2025 Q2 REDUCED 482,156 -201,793 -29.5% 0.06% $1.5M $2.34
2025 Q1 REDUCED 683,949 -142,841 -17.3% 0.08% $2.0M $2.19
2024 Q4 UNCHANGED 826,790 β€” 0% 0.15% $3.9M $2.62
2024 Q3 ADDED 826,790 +78 +0.0% 0.13% $3.5M $2.29
2024 Q2 UNCHANGED 826,712 β€” 0% 0.14% $3.7M $2.46
2024 Q1 UNCHANGED 826,712 β€” 0% 0.15% $3.8M $2.54
2023 Q4 UNCHANGED 826,712 β€” 0% 0.16% $3.5M $2.33
2023 Q3 UNCHANGED 826,712 β€” 0% 0.16% $3.5M $2.30
9 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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