JMG Financial Group, Ltd.
CIK 1314404 · View on SEC EDGAR ↗
- Portfolio value
- $4.1B
- Positions
- 137
- As of
- June 30, 2026
#920 of 9,443 by 13F value · top 9.7%
Portfolio value QoQ: +13.9% 13F does not disclose cash
- Top 10 holdings weight
- 77.78%
- Top 25 holdings weight
- 94.44%
- Positions above 1%
- 16
- Effective number of positions
- 10.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 0.42% Est. buys $455,734,359 · sells $16,155,058
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 77.8% still held
- New positions
- 37
- Increased
- 34
- Decreased
- 47
- Closed
- 2
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
0.1%
Communication Services
0.1%
Energy
0.0%
Financial Services
0.0%
Retail
0.0%
Industrials
0.0%
Healthcare
0.0%
Consumer products
0.0%
Financials
0.0%
Utilities
0.0%
Other/Unmapped
99.7%
Full portfolio 137 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VOO | $966,282,500 | 23.34% | 1,406,914 | $132,841,701 | Up ×2 | ||
| VO | $454,947,649 | 10.99% | 5,646,613 | $53,867,283 | Up ×4 | ||
| VEA | $445,574,099 | 10.76% | 6,253,672 | $43,418,965 | Down ×1 | ||
| SCHX | $245,278,438 | 5.93% | 8,334,300 | $31,607,922 | Up ×1 | ||
| DFSV | $244,813,209 | 5.91% | 6,311,245 | $27,868,174 | Up ×4 | ||
| SPY SPY | $196,729,684 | 4.75% | 263,441 | $25,258,099 | Down ×1 | ||
| DFGR | $194,401,945 | 4.70% | 6,710,457 | $25,775,485 | Up ×6 | ||
| DFIC | $185,312,117 | 4.48% | 4,973,487 | $15,255,114 | Up ×6 | ||
| VWO | $173,010,867 | 4.18% | 2,898,490 | $14,626,711 | Down ×1 | ||
| SCHM | $113,354,067 | 2.74% | 3,074,425 | $18,006,542 | Down ×4 | ||
| SCHF | $113,231,904 | 2.74% | 4,087,794 | $11,359,003 | Down ×4 | ||
| IWR | $100,791,569 | 2.43% | 913,629 | $11,692,801 | Down ×1 | ||
| DFEM | $94,829,493 | 2.29% | 2,333,403 | $14,944,351 | Up ×6 | ||
| VBR | $92,287,057 | 2.23% | 379,798 | $7,079,346 | Down ×1 | ||
| VTI | $53,877,119 | 1.30% | 145,598 | $5,626,049 | Down ×4 | ||
| VV | $50,061,152 | 1.21% | 145,565 | $6,110,571 | Down ×6 | ||
| SCHE | $34,830,872 | 0.84% | 960,587 | $3,764,806 | Up ×1 | ||
| IVV | $29,875,085 | 0.72% | 39,892 | $3,458,335 | Down ×3 | ||
| VNQ | $24,588,612 | 0.59% | 254,989 | $1,963,123 | Down ×1 | ||
| VEU | $17,766,892 | 0.43% | 212,142 | $1,661,172 | Down ×5 | ||
| IWF | $17,376,365 | 0.42% | 139,940 | $2,486,852 | Up ×1 | ||
| IWP | $16,603,678 | 0.40% | 113,405 | $1,918,647 | Down ×1 | ||
| DFGX Dimensional Global ex US Core Fixed Income ETF | $15,483,806 | 0.37% | 288,905 | $11,478,214 | Up ×1 | ||
| IWB | $14,601,113 | 0.35% | 35,656 | $1,423,385 | Down ×6 | ||
| VUG | $13,690,570 | 0.33% | 158,934 | $2,044,026 | Up ×1 | ||
| IWS | $12,146,630 | 0.29% | 73,795 | $1,340,470 | Down ×5 | ||
| VOE | $11,342,652 | 0.27% | 57,402 | $477,487 | Down ×3 | ||
| VTV | $10,587,816 | 0.26% | 48,584 | $995,854 | Down ×2 | ||
| QQQ Invesco QQQ Trust, Series 1 | $9,723,980 | 0.23% | 13,205 | Up ×1 | |||
| VNQI Vanguard Global ex-U.S. Real Estate ETF | $9,477,585 | 0.23% | 211,317 | $187,473 | Up ×5 | ||
| SCHG | $8,873,086 | 0.21% | 262,207 | $1,450,138 | Up ×1 | ||
| IWM | $8,812,971 | 0.21% | 29,333 | $1,415,164 | Down ×2 | ||
| SCHB | $8,478,886 | 0.20% | 292,779 | $932,484 | Down ×1 | ||
| DFAS | $7,733,785 | 0.19% | 93,925 | $1,049,770 | Down ×2 | ||
| VOT | $7,533,028 | 0.18% | 24,594 | $834,561 | Down ×1 | ||
| VB | $6,267,340 | 0.15% | 20,676 | $935,917 | Up ×2 | ||
| IWD | $5,802,740 | 0.14% | 23,936 | $596,728 | Down ×4 | ||
| IUSG iShares Core S&P U.S. Growth ETF | $5,230,971 | 0.13% | 27,811 | $1,150,492 | Up ×1 | ||
| XLK XLK | $4,982,808 | 0.12% | 26,154 | $1,506,994 | |||
| MDY | $4,772,934 | 0.12% | 6,786 | Up ×1 | |||
| VIG | $4,652,808 | 0.11% | 19,664 | $427,604 | Up ×2 | ||
| EFA | $4,483,358 | 0.11% | 43,159 | $241,119 | Down ×2 | ||
| IJR | $4,088,612 | 0.10% | 27,568 | $695,694 | Up ×1 | ||
| PYLD | $3,457,890 | 0.08% | 130,388 | Up ×1 | |||
| SCHH | $2,969,922 | 0.07% | 125,419 | $612,856 | Up ×1 | ||
| VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares | $2,884,690 | 0.07% | 57,430 | $46,414 | Up ×3 | ||
| DFIV | $2,859,759 | 0.07% | 52,939 | Up ×1 | |||
| IWV | $2,857,770 | 0.07% | 6,702 | $176,238 | Down ×5 | ||
| ESGD iShares ESG Aware MSCI EAFE ETF | $2,746,878 | 0.07% | 26,718 | $99,351 | Down ×1 | ||
| SCHD | $2,620,517 | 0.06% | 82,640 | $283,644 | Up ×2 | ||
| IWO | $2,606,439 | 0.06% | 6,616 | $515,523 | Down ×1 | ||
| AAPL Apple Inc. - Common Stock | $2,517,609 | 0.06% | 8,701 | $1,222,698 | Up ×3 | ||
| SCHP | $2,481,672 | 0.06% | 93,648 | $59,630 | Up ×1 | ||
| VXUS Vanguard Total International Stock ETF | $2,335,843 | 0.06% | 27,323 | $129,032 | Down ×1 | ||
| IWN | $2,317,955 | 0.06% | 10,479 | $308,491 | Down ×1 | ||
| SCHA | $2,178,329 | 0.05% | 60,291 | $538,114 | Up ×1 | ||
| IEMG | $2,120,655 | 0.05% | 25,599 | Up ×1 | |||
| IVW | $2,091,694 | 0.05% | 15,209 | $330,345 | Down ×2 | ||
| BRKB | $2,052,099 | 0.05% | 4,101 | $62,940 | Down ×2 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $2,044,438 | 0.05% | 5,721 | Up ×1 | |||
| IEFA | $1,967,232 | 0.05% | 20,369 | Up ×1 | |||
| EEM | $1,869,057 | 0.05% | 27,321 | $301,290 | Down ×1 | ||
| AGG | $1,805,031 | 0.04% | 18,236 | $-52,628 | Down ×2 | ||
| DVY iShares Select Dividend ETF | $1,728,053 | 0.04% | 11,056 | $35,743 | Down ×1 | ||
| ESGE iShares ESG Aware MSCI EM ETF | $1,624,348 | 0.04% | 29,701 | $108,696 | Down ×1 | ||
| BNDX Vanguard Total International Bond ETF | $1,597,415 | 0.04% | 32,984 | Up ×1 | |||
| ACWI iShares MSCI ACWI ETF | $1,569,700 | 0.04% | 10,000 | $186,000 | |||
| ESGU iShares ESG Aware MSCI USA ETF | $1,496,107 | 0.04% | 9,141 | $39,481 | Down ×5 | ||
| SCHV | $1,494,931 | 0.04% | 42,945 | $185,286 | Up ×4 | ||
| DFAR | $1,466,373 | 0.04% | 56,054 | $-175,978 | Down ×1 | ||
| IJH | $1,405,506 | 0.03% | 18,227 | $204,466 | Up ×3 | ||
| MSFT Microsoft Corporation - Common Stock | $1,299,088 | 0.03% | 3,483 | $-21,909 | Down ×5 | ||
| SCHZ | $1,278,045 | 0.03% | 55,255 | $-1,038,237 | Down ×2 | ||
| IXUS iShares Core MSCI Total International Stock ETF | $1,263,053 | 0.03% | 13,234 | Up ×1 | |||
| USMV | $1,239,222 | 0.03% | 12,847 | Up ×1 | |||
| RSP | $1,222,789 | 0.03% | 5,747 | Up ×1 | |||
| IJJ | $1,148,026 | 0.03% | 7,771 | $118,354 | |||
| GLD | $1,105,508 | 0.03% | 3,001 | Up ×1 | |||
| FNDA | $888,917 | 0.02% | 23,356 | $143,361 | Up ×3 | ||
| IVE | $859,036 | 0.02% | 3,783 | $60,193 | |||
| EEMV | $843,403 | 0.02% | 11,204 | $113,077 | Down ×1 | ||
| VT | $821,937 | 0.02% | 5,237 | $133,113 | Up ×2 | ||
| BND Vanguard Total Bond Market ETF | $811,401 | 0.02% | 11,053 | $-2,763 | Down ×1 | ||
| USXF iShares ESG Advanced MSCI USA ETF | $807,912 | 0.02% | 11,633 | $165,770 | |||
| FNDX | $796,160 | 0.02% | 25,600 | $168,282 | Up ×4 | ||
| FNDF | $788,703 | 0.02% | 14,949 | $273,671 | Up ×4 | ||
| GRNY | $767,647 | 0.02% | 27,763 | Up ×1 | |||
| DMXF iShares ESG Advanced MSCI EAFE ETF | $765,122 | 0.02% | 9,044 | $68,794 | Down ×1 | ||
| VONG Vanguard Russell 1000 Growth ETF | $618,033 | 0.01% | 4,836 | Up ×1 | |||
| SCZ iShares MSCI EAFE Small-Cap ETF | $613,816 | 0.01% | 7,461 | $24,251 | Down ×2 | ||
| ITOT | $592,686 | 0.01% | 3,608 | $78,799 | |||
| XOM Exxon Mobil Corporation Common Stock | $558,364 | 0.01% | 4,084 | $-134,527 | |||
| IJS | $553,511 | 0.01% | 4,050 | $107,268 | Up ×1 | ||
| XLF XLF | $538,995 | 0.01% | 10,054 | $42,629 | |||
| MA Mastercard Incorporated Common Stock | $513,326 | 0.01% | 999 | Up ×1 | |||
| SPSK | $499,237 | 0.01% | 27,720 | Up ×1 | |||
| COST Costco Wholesale Corporation - Common Stock | $467,735 | 0.01% | 500 | $-58,380 | Down ×1 | ||
| TDG Transdigm Group Incorporated Common Stock | $463,550 | 0.01% | 348 | $-6,988 | Down ×3 | ||
| EFAV | $458,811 | 0.01% | 5,231 | Up ×1 | |||
| AMZN Amazon.com, Inc. - Common Stock | $456,421 | 0.01% | 1,915 | $57,584 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| VO | $454,947,649 | 10.99% | up ×4 |
| DFSV | $244,813,209 | 5.91% | up ×4 |
| DFGR | $194,401,945 | 4.70% | up ×6 |
| DFIC | $185,312,117 | 4.48% | up ×6 |
| DFEM | $94,829,493 | 2.29% | up ×6 |
| VNQI | $9,477,585 | 0.23% | up ×5 |
| VTIP | $2,884,690 | 0.07% | up ×3 |
| AAPL | $2,517,609 | 0.06% | up ×3 |
| SCHV | $1,494,931 | 0.04% | up ×4 |
| IJH | $1,405,506 | 0.03% | up ×3 |
| FNDA | $888,917 | 0.02% | up ×3 |
| FNDX | $796,160 | 0.02% | up ×4 |
| FNDF | $788,703 | 0.02% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| QQQ | $9,723,980 | 13,205 | 0.23% |
| MDY | $4,772,934 | 6,786 | 0.12% |
| PYLD | $3,457,890 | 130,388 | 0.08% |
| DFIV | $2,859,759 | 52,939 | 0.07% |
| IEMG | $2,120,655 | 25,599 | 0.05% |
| GOOGL | $2,044,438 | 5,721 | 0.05% |
| IEFA | $1,967,232 | 20,369 | 0.05% |
| BNDX | $1,597,415 | 32,984 | 0.04% |
| IXUS | $1,263,053 | 13,234 | 0.03% |
| USMV | $1,239,222 | 12,847 | 0.03% |
| RSP | $1,222,789 | 5,747 | 0.03% |
| GLD | $1,105,508 | 3,001 | 0.03% |
| GRNY | $767,647 | 27,763 | 0.02% |
| VONG | $618,033 | 4,836 | 0.01% |
| MA | $513,326 | 999 | 0.01% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| VOO | Bought more | +12K | +$132.8M |
| VO | Bought more | +4.2M | +$53.9M |
| VEA | Trimmed | -22K | +$43.4M |
| SCHX | Bought more | +817 | +$31.6M |
| DFSV | Bought more | +120K | +$27.9M |
| DFGR | Bought more | +366K | +$25.8M |
| SPY | Trimmed | -224 | +$25.3M |
| SCHM | Trimmed | -5K | +$18.0M |
| DFIC | Bought more | +187K | +$15.3M |
| DFEM | Bought more | +21K | +$14.9M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| NFLX | Sept. 30, 2025 | 578 | $774,017 | -93.3% |
| HYS | Dec. 31, 2025 | 2,984 | $285,529 | No longer tracked |
| RGLD | Sept. 30, 2025 | 1,581 | $281,165 | 25.0% |
| COST | Sept. 30, 2025 | 228 | $226,089 | 1.3% |
| IBIT | June 30, 2026 | 5,825 | $223,797 | |
| VTEB | March 31, 2026 | 4,386 | $220,572 | No longer tracked |
| PANW | Sept. 30, 2025 | 1,076 | $220,193 | 74.7% |
| NVDA | June 30, 2025 | 1,950 | $211,346 | 38.7% |
| ADP | Sept. 30, 2025 | 675 | $208,170 | -4.8% |
| TXN | Sept. 30, 2025 | 1,000 | $207,620 | 44.8% |
| RGLD | June 30, 2026 | 813 | $206,900 | 25.6% |
| MRK | March 31, 2025 | 2,033 | $202,243 | 67.6% |