Timothy Plan US Large/Mid Cap Core ETF (TPLC)

Looking at the Q2 2026 institutional filings for TPLC, we see 97 funds holding approximately $176M. What interests me is the behavior at the margins: 8 funds opened new positions while only 7 exited, and 54 increased allocations compared to 24 reductions. Even though total capital dipped by about 1% (-$906K), the underlying structural demand from values-based institutional holders remains resilient. For anyone evaluating faith-based equity mandates, this steady concentration tells a reassuring story of sticky capital.

Examining the short interest metrics as of mid-July 2026, TPLC's shorted shares dropped by 7.59% down to 46,402. This represents a negligible 0.76% of the public float. With an average daily volume around 29,075 shares and a days-to-cover ratio sitting comfortably at 3.0, there is virtually zero short-squeeze potential here. Bears are clearly ignoring this ticker, which aligns with its passive tracking style of the Victory US Large Cap Volatility Weighted BRI Index.

From a quantitative risk and signals perspective, our models show a split narrative for TPLC. One predictive desk flags a neutral posture with no resistance levels remaining above the current price around $51.29 to $51.87, implying potential upside runway. Conversely, another quantitative feed warns of choppy conditions and a potential breakdown if intermediate supports fail. When building multi-factor rotation strategies, you have to treat TPLC's technical setup as range-bound until a definitive breakout or structural support test occurs.

As a portfolio manager tracking niche equity categories, I evaluate TPLC primarily through its sector allocations derived from the Victory US Large Cap Volatility Weighted BRI Index. The portfolio heavily weights Industrials at 26% and Financial Services at 12%, while keeping Technology at 14% and Energy at 9%. This structural divergence from standard tech-heavy cap-weighted indexes means TPLC acts as a unique sector bet rather than a core broad-market replacement.

Breaking down the cost and yield profile: TPLC carries an expense ratio of 0.52%, which is standard for specialized thematic and faith-based ETFs, but its indicated dividend yield is relatively modest at 0.83% (with a 30-day SEC yield around 0.77%). The 1-year fund flows show negative traction of roughly -$37.4M, indicating that while existing institutional capital is sticky, broader organic retail inflows have faced headwinds over the past twelve months.

When integrating TPLC into cross-asset rotational models, I pay close attention to its turnover rate, which sits at 38%, and its median market capitalization around $333.5M. Because it straddles large and mid-cap core territory—classified under the mid blend style box by Morningstar—its volatility metrics and standard deviation require careful calibration against standard large-cap benchmarks to avoid unexpected tracking error spikes during choppy market regimes.