Fund Evaluation Group, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Fund Evaluation Group, LLC reported 38 stock positions worth $2.1 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 43.0% of the portfolio, followed by iShares US Treasury Bond ETF (GOVT, 14.2%) and Schwab US Large-Cap Growth (SCHG, 14.2%). Compared with Q3 2024, it opened 9 new positions, sold out of 4, added to 15 and reduced 9. The biggest buy was SS SPDR P S&P 600 Small Cap (SPSM, shares +5689%) and the biggest sale Schwab US Large-Cap Growth (SCHG, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- CINCINNATI, OH
- CIK
- 0001356249
- Portfolio Value
- $2.1B (Q4 2024)
- SEC Filing
- 0001420506-25-000306 ↗ filed Feb 12, 2025
Holdings Value
Holdings 38 stocks · $2.1B
| IVV iShares Core S&P 500 ETF | 43.03% | 1,563,565 | $920.4M | Add +16.2% |
| GOVT iShares US Treasury Bond ETF | 14.23% | 13,247,340 | $304.4M | Add +9.5% |
| SCHG Schwab US Large-Cap Growth | 14.19% | 10,890,440 | $303.6M | Reduce -12.0% |
| SPSM SS SPDR P S&P 600 Small Cap | 5.40% | 2,571,285 | $115.5M | Add +5688.7% |
| IXUS iShares Core Intl Stock ETF | 4.70% | 1,520,063 | $100.5M | New |
| SCHX Schwab US Large-Cap ETF | 4.55% | 4,200,429 | $97.4M | Add +38.7% |
| SCHF Schwab Intl Equity ETF | 1.97% | 2,273,088 | $42.1M | Reduce -49.8% |
| SHV iShares 0-1 Year Treasury Bo | 1.54% | 300,022 | $33.0M | Add +0.6% |
| CATH Global X S&P 500 Ca Val ETF | 1.24% | 373,201 | $26.4M | Add +25.0% |
| SCHP Schwab U.S. Tips ETF | 0.90% | 748,000 | $19.3M | Reduce -45.5% |
| SCHO Schwab Short-Term US Treas | 0.87% | 772,924 | $18.6M | No change |
| SUSA iShares ESG Optimized MSCI U | 0.81% | 142,644 | $17.3M | Reduce -7.2% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.62% | 499,949 | $13.3M | Add +44.9% |
| IWV iShares Russell 3000 ETF | 0.58% | 37,177 | $12.4M | Add +0.0% |
| TLT iShares 20+ Year Treasury BD | 0.51% | 125,162 | $10.9M | Add +20.8% |
| IWR iShares Russell Mid-Cap ETF | 0.50% | 120,677 | $10.7M | Reduce -0.6% |
| IGLB iShares 10+ Year Inv GR Corp. | 0.47% | 202,218 | $10.0M | No change |
| ESGD iShares Trust iShares ESG Aw | 0.47% | 130,708 | $10.0M | Add +51.6% |
| IWM iShares Russell 2000 ETF | 0.45% | 43,869 | $9.7M | Reduce 0.0% |
| DFUS Dimensional US Eq MKT ETF | 0.41% | 136,345 | $8.7M | Add +0.0% |
| NULV Nuveen ESG Large-Cap Val ETF | 0.40% | 216,646 | $8.5M | Add +29.8% |
| EFA iShares MSCI Eafe ETF | 0.35% | 98,613 | $7.5M | Reduce -0.1% |
| AGG iShares Core U.S. Aggregate | 0.32% | 70,564 | $6.8M | Add +0.0% |
| DBC Invesco DB Commodity Index T | 0.28% | 284,451 | $6.1M | No change |
| USRT iShares Core US REIT ETF | 0.24% | 88,315 | $5.1M | No change |
| CEFA Global X S&P Cath Val Devel | 0.20% | 143,029 | $4.3M | New |
| SCHC Schwab Intl Small-Cap Equity | 0.13% | 80,135 | $2.8M | New |
| DFIV Dimensional International Va | 0.13% | 76,499 | $2.7M | Add +0.1% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.11% | 21,650 | $2.3M | New |
| ACWI iShares MSCI Acwi ETF | 0.10% | 18,421 | $2.2M | Reduce -0.6% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.09% | 37,145 | $1.9M | Reduce -3.6% |
| VNQ Vanguard Real Estate ETF | 0.07% | 16,290 | $1.5M | Add +0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.03% | 2,304 | $668K | New |
| TIP iShares Tips Bond ETF | 0.03% | 5,593 | $596K | New |
| EFG iShares MSCI Eafe Growth ETF | 0.02% | 5,385 | $521K | New |
| BND Vanguard Total Bond Market | 0.02% | 6,575 | $473K | New |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 0.02% | 20,786 | $411K | No change |
| IJR iShares Core S&P Small-Cap E | 0.02% | 2,999 | $346K | New |
Portfolio Sells Q3 2024 → Q4 2024
| SCHG Schwab US Large-Cap Growth | Reduce -12.0% | 14.19% | −3.65 |
| SCHF Schwab Intl Equity ETF | Reduce -49.8% | 1.97% | −3.18 |
| SCHP Schwab U.S. Tips ETF | Reduce -45.5% | 0.90% | −1.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.33 |
| SUSA iShares ESG Optimized MSCI U | Reduce -7.2% | 0.81% | −0.21 |
| RSP Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.16 |
| EFA iShares MSCI Eafe ETF | Reduce -0.1% | 0.35% | −0.11 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.6% | 0.50% | −0.09 |
| IWM iShares Russell 2000 ETF | Reduce 0.0% | 0.45% | −0.08 |
| AOR iShares Core 60/40 Balanced | Sold out | 0.00% | −0.04 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -3.6% | 0.09% | −0.03 |
| AOM iShares Core 40/60 Moderate | Sold out | 0.00% | −0.03 |
| ACWI iShares MSCI Acwi ETF | Reduce -0.6% | 0.10% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| SPSM SS SPDR P S&P 600 Small Cap | Add +5688.7% | 5.40% | +5.29 |
| IXUS iShares Core Intl Stock ETF | New | 4.70% | +4.70 |
| SCHX Schwab US Large-Cap ETF | Add +38.7% | 4.55% | +0.76 |
| CEFA Global X S&P Cath Val Devel | New | 0.20% | +0.20 |
| SCHC Schwab Intl Small-Cap Equity | New | 0.13% | +0.13 |
| VIOO Vanguard S&P Small-Cap 600 E | New | 0.11% | +0.11 |
| CATH Global X S&P 500 Ca Val ETF | Add +25.0% | 1.24% | +0.09 |
| IVV iShares Core S&P 500 ETF | Add +16.2% | 43.03% | +0.07 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +44.9% | 0.62% | +0.07 |
| ESGD iShares Trust iShares ESG Aw | Add +51.6% | 0.47% | +0.06 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.03% | +0.03 |
| TIP iShares Tips Bond ETF | New | 0.03% | +0.03 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.02% | +0.02 |
| BND Vanguard Total Bond Market | New | 0.02% | +0.02 |
| IJR iShares Core S&P Small-Cap E | New | 0.02% | +0.02 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +29.8% | 0.40% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +0.1% | 0.07% | −0.02 |
| DFIV Dimensional International Va | Add +0.1% | 0.13% | −0.03 |
| TLT iShares 20+ Year Treasury BD | Add +20.8% | 0.51% | −0.05 |
| DFUS Dimensional US Eq MKT ETF | Add +0.0% | 0.41% | −0.06 |
| AGG iShares Core U.S. Aggregate | Add +0.0% | 0.32% | −0.08 |
| IWV iShares Russell 3000 ETF | Add +0.0% | 0.58% | −0.09 |
| SHV iShares 0-1 Year Treasury Bo | Add +0.6% | 1.54% | −0.28 |
| GOVT iShares US Treasury Bond ETF | Add +9.5% | 14.23% | −1.48 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 80 | $3.7B | IVV, SCHG, GOVT, SCHX, IXUS |
| Q1 2026 | 73 | $3.3B | IVV, GOVT, SCHG, SCHX, IXUS |
| Q4 2025 | 62 | $3.0B | IVV, GOVT, SCHG, SCHX, IXUS |
| Q3 2025 | 75 | $2.8B | IVV, GOVT, SCHG, SCHX, IXUS |
| Q2 2025 | 79 | $2.6B | IVV, GOVT, SCHG, SCHX, IXUS |
| Q1 2025 | 48 | $2.3B | IVV, GOVT, SCHG, SCHX, IXUS |
| Q4 2024 | 38 | $2.1B | IVV, GOVT, SCHG, SPSM, IXUS |
| Q3 2024 | 33 | $1.8B | IVV, SCHG, GOVT, SCHF, SCHX |
| Q2 2024Amended | 31 | $1.6B | IVV, SCHG, GOVT, SCHF, SCHX |
| Q1 2024 | 38 | $1.6B | IVV, SCHG, GOVT, SCHF, SCHX |