JMG Financial Group, Ltd.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 30, 2024), JMG Financial Group, Ltd. reported 120 stock positions worth $2.6 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 24.2% of the portfolio, followed by Vngrd Mrngstr MD-Cap ETF-Usd (VO, 11.6%) and Vanguard Ftse Developed ETF (VEA, 10.6%). Compared with Q4 2023, it opened 4 new positions, sold out of 5, added to 40 and reduced 54. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +37%) and the biggest sale Schwab US Mid Cap ETF (SCHM, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- DOWNERS GROVE, IL
- CIK
- 0001314404
- Portfolio Value
- $2.6B (Q1 2024)
- SEC Filing
- 0001314404-24-000002 ↗ filed Apr 30, 2024
Holdings Value
Holdings 120 stocks · $2.6B
| VOO Vanguard S&P 500 ETF | 24.18% | 1,319,172 | $634.1M | Add +1.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 11.58% | 1,215,343 | $303.7M | Add +2.3% |
| VEA Vanguard Ftse Developed ETF | 10.64% | 5,561,141 | $279.0M | Add +4.2% |
| SCHX Schwab US Large-Cap ETF | 6.80% | 2,872,482 | $178.3M | Reduce -0.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.41% | 271,221 | $141.9M | Reduce -2.3% |
| DFSV Dimensional US Small Cap Val | 5.35% | 4,663,997 | $140.4M | Add +6.7% |
| VWO Vanguard Ftse Emerging Marke | 3.97% | 2,492,508 | $104.1M | Add +6.2% |
| IWR iShares Russell Mid-Cap ETF | 3.04% | 948,495 | $79.8M | Reduce -0.5% |
| SCHM Schwab US Mid Cap ETF | 3.03% | 975,900 | $79.5M | Reduce -2.8% |
| SCHF Schwab Intl Equity ETF | 2.99% | 2,008,829 | $78.4M | Add +1.5% |
| DFGR Dim Global Real Estate ETF | 2.52% | 2,586,958 | $66.0M | Add +23.1% |
| DFIC Dimensional International Co. | 2.18% | 2,133,957 | $57.1M | Add +22.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.09% | 285,746 | $54.8M | Reduce -0.5% |
| VTI VG Morningstar TS MKT ETF-US | 1.86% | 187,722 | $48.8M | Add +37.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.58% | 172,335 | $41.3M | Reduce -4.1% |
| DFEM Dimensional Emrg MRKT Core | 1.15% | 1,180,238 | $30.1M | Add +17.5% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.89% | 926,686 | $23.4M | Add +2.3% |
| IVV iShares Core S&P 500 ETF | 0.84% | 41,891 | $22.0M | Reduce -0.6% |
| VNQ Vanguard Real Estate ETF | 0.81% | 246,886 | $21.4M | Add +1.7% |
| IWP iShares Russell Mid-Cap Grow | 0.55% | 127,010 | $14.5M | Reduce -1.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.51% | 226,496 | $13.3M | Reduce -0.1% |
| IWF iShares Russell 1000 Growth | 0.43% | 33,534 | $11.3M | Reduce -5.0% |
| IWB iShares Russell 1000 ETF | 0.42% | 37,907 | $10.9M | Reduce -1.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.41% | 31,091 | $10.7M | Reduce -0.7% |
| IWS iShares Russell Mid-Cap Valu | 0.41% | 85,345 | $10.7M | Reduce -1.4% |
| SCHZ Schwab US Aggregate Bond ETF | 0.38% | 216,561 | $10.0M | Reduce -0.9% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.38% | 235,642 | $9.9M | Reduce -4.6% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.35% | 59,080 | $9.2M | Reduce -1.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.32% | 52,028 | $8.5M | Add +2.7% |
| SCHB Schwab US Broad Market ETF | 0.28% | 120,763 | $7.4M | Reduce -1.5% |
| IWM iShares Russell 2000 ETF | 0.26% | 32,800 | $6.9M | Reduce -1.5% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.25% | 28,138 | $6.6M | Reduce -2.1% |
| SCHG Schwab US Large-Cap Growth | 0.24% | 68,341 | $6.3M | Reduce -1.8% |
| IWD iShares Russell 1000 Value E | 0.20% | 28,551 | $5.1M | Reduce -0.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.17% | 19,588 | $4.5M | Reduce -2.3% |
| DFAS Dimensional US Small Cap ETF | 0.16% | 67,212 | $4.2M | Add +30.0% |
| MDY State Street SPDR S&P Midcap | 0.15% | 7,049 | $3.9M | Reduce -0.0% |
| EFA iShares MSCI Eafe ETF | 0.14% | 44,756 | $3.6M | Reduce -3.4% |
| VIG Vanguard Dividend Apprec ETF | 0.13% | 18,545 | $3.4M | Reduce -2.5% |
| IWV iShares Russell 3000 ETF | 0.12% | 10,915 | $3.3M | Reduce -3.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.12% | 7,205 | $3.2M | Reduce -5.0% |
| IUSG iShares Core S&P U.S. Growth | 0.12% | 26,181 | $3.1M | Reduce -10.8% |
| IJR iShares Core S&P Small-Cap E | 0.11% | 25,952 | $2.9M | Reduce -12.5% |
| ESGD iShares Trust iShares ESG Aw | 0.11% | 35,669 | $2.9M | No change |
| VTIP Vanguard Short-Term Tips | 0.11% | 58,442 | $2.8M | Reduce -26.3% |
| SCHP Schwab U.S. Tips ETF | 0.10% | 51,529 | $2.7M | Add +6.5% |
| SCHH Schwab US REIT ETF | 0.10% | 129,367 | $2.6M | Add +8.6% |
| XLK SS Technology Select Sector | 0.10% | 12,151 | $2.5M | Add +0.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.09% | 27,560 | $2.3M | No change |
| SCHV Schwab US Large-Cap Value | 0.08% | 28,561 | $2.2M | Add +8.1% |
| MSFT Microsoft Corp. | 0.08% | 5,029 | $2.1M | Reduce -2.6% |
| BNDX Vanguard Total Intl Bond ETF | 0.07% | 39,203 | $1.9M | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.06% | 3,932 | $1.7M | Add +2.7% |
| AGG iShares Core U.S. Aggregate | 0.06% | 16,545 | $1.6M | Add +15.1% |
| IEMG iShares Core MSCI Emerging | 0.06% | 30,214 | $1.6M | Reduce -7.3% |
| IWO iShares Russell 2000 Growth | 0.06% | 5,571 | $1.5M | Reduce -3.0% |
| DFAR Dimensional US Real Est ETF | 0.06% | 67,238 | $1.5M | Add +14.9% |
| ESGE iShares Inc. iShares ESG Awar | 0.05% | 42,643 | $1.4M | Reduce -13.0% |
| ESGU iShares ESG Aware MSCI USA | 0.05% | 11,693 | $1.3M | Reduce -4.5% |
| DFIV Dimensional International Va | 0.05% | 36,341 | $1.3M | Add +35.5% |
| DVY iShares Select Dividend ETF | 0.05% | 10,725 | $1.3M | Reduce -0.2% |
| SCHD Schwab US DVD Equity ETF | 0.05% | 16,354 | $1.3M | Reduce -13.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.05% | 16,593 | $1.2M | Add +0.7% |
| SCHA Schwab US Small-Cap ETF | 0.04% | 22,854 | $1.1M | Reduce -2.5% |
| ACWI iShares MSCI Acwi ETF | 0.04% | 10,000 | $1.1M | No change |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 0.04% | 10,329 | $966K | Reduce -28.5% |
| DMXF iShares ESG Advanc MSCI Eafe | 0.04% | 14,102 | $961K | Add +18.3% |
| RSP Invesco S&P 500 Equal Weight | 0.04% | 5,661 | $959K | No change |
| GOOGL Alphabet Inc. Class A | 0.04% | 6,240 | $942K | Reduce -2.5% |
| AAPL Apple Inc. | 0.04% | 5,405 | $927K | Reduce -4.3% |
| IVE iShares S&P 500 Value ETF | 0.03% | 4,874 | $911K | Reduce -3.2% |
| IVW iShares S&P 500 Growth ETF | 0.03% | 10,442 | $882K | Add +1.7% |
| IXUS iShares Core Intl Stock ETF | 0.03% | 11,788 | $800K | No change |
| EEM iShares MSCI Emerging Market | 0.03% | 18,476 | $759K | Reduce -10.6% |
| USXF iShares ESG Advance MSCI USA | 0.03% | 16,116 | $728K | Reduce -5.0% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.03% | 12,460 | $705K | No change |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.03% | 5,914 | $700K | Add +9.2% |
| TDG Transdigm Group Inc. | 0.02% | 513 | $632K | No change |
| GLD SPDR Gold Shares | 0.02% | 3,052 | $628K | Reduce -9.5% |
| MA Mastercard Inc. Class A | 0.02% | 1,297 | $625K | No change |
| IJS iShares S&P Small-Cap 600 Va | 0.02% | 6,050 | $622K | Add +20.1% |
| JNJ Johnson & Johnson | 0.02% | 3,718 | $588K | Reduce -0.7% |
| IJH iShares Core S&P Midcap ETF | 0.02% | 8,955 | $544K | Add +0.3% |
| XOM Exxon Mobil Corp. | 0.02% | 4,223 | $491K | Add +13.7% |
| SCZ iShares MSCI Eafe Small-Cap | 0.02% | 7,501 | $475K | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.02% | 3,992 | $462K | Reduce -15.5% |
| VT Vanguard Tot World STK ETF | 0.02% | 3,935 | $435K | Add +0.1% |
| BND Vanguard Total Bond Market | 0.02% | 5,883 | $427K | Add +1.4% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.02% | 8,395 | $425K | Add +57.1% |
| SCHO Schwab Short-Term US Treas | 0.02% | 8,734 | $421K | Add +13.5% |
| JPM JPMorgan Chase & Co. | 0.02% | 2,015 | $404K | Reduce -13.0% |
| GSLC Goldman Activebeta US LC ETF | 0.02% | 3,817 | $396K | Add +0.1% |
| TXN Texas Instruments Inc. | 0.01% | 2,180 | $380K | No change |
| PG The Procter & Gamble Co. | 0.01% | 2,320 | $376K | No change |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.01% | 5,572 | $375K | Add +0.2% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.01% | 5,231 | $371K | Add +0.3% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.01% | 6,353 | $362K | Add +4.4% |
| MRK Merck & Co. Inc. | 0.01% | 2,696 | $356K | Reduce -1.5% |
| TIP iShares Tips Bond ETF | 0.01% | 3,271 | $351K | Add +35.3% |
| VONG Vanguard Russell 1000 Growth | 0.01% | 4,046 | $351K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| SCHM Schwab US Mid Cap ETF | Reduce -2.8% | 3.03% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.3% | 5.41% | −0.12 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -0.5% | 2.09% | −0.08 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -4.1% | 1.58% | −0.07 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.5% | 3.04% | −0.07 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -4.6% | 0.38% | −0.06 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.8% | 6.80% | −0.05 |
| VTIP Vanguard Short-Term Tips | Reduce -26.3% | 0.11% | −0.05 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -0.9% | 0.38% | −0.05 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.1% | 0.51% | −0.03 |
| TIDAL TR II | Sold out | 0.00% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -12.5% | 0.11% | −0.03 |
| WDTE Tidal TR II | Sold out | 0.00% | −0.02 |
| VANECK VECTORS OIL SERVICES | Sold out | 0.00% | −0.02 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Reduce -28.5% | 0.04% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -5.0% | 0.43% | −0.02 |
| SCHR Schwab Intermediate-Term US | Sold out | 0.00% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -1.5% | 0.26% | −0.02 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -1.9% | 0.35% | −0.01 |
| IWS iShares Russell Mid-Cap Valu | Reduce -1.4% | 0.41% | −0.01 |
| IWP iShares Russell Mid-Cap Grow | Reduce -1.8% | 0.55% | −0.01 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -13.0% | 0.05% | −0.01 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -2.1% | 0.25% | −0.01 |
| IUSG iShares Core S&P U.S. Growth | Reduce -10.8% | 0.12% | −0.01 |
| AAPL Apple Inc. | Reduce -4.3% | 0.04% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Reduce -13.7% | 0.05% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -3.4% | 0.14% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -7.3% | 0.06% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -2.3% | 0.17% | −0.01 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.01 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -1.1% | 0.07% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -1.8% | 0.42% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.0% | 0.12% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.5% | 0.13% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -10.6% | 0.03% | −0.01 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -15.5% | 0.02% | −0.01 |
| IWV iShares Russell 3000 ETF | Reduce -3.9% | 0.12% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -1.5% | 0.28% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -0.6% | 0.84% | −0.00 |
| IWD iShares Russell 1000 Value E | Reduce -0.5% | 0.20% | −0.00 |
| SCHA Schwab US Small-Cap ETF | Reduce -2.5% | 0.04% | −0.00 |
| IWO iShares Russell 2000 Growth | Reduce -3.0% | 0.06% | −0.00 |
| GLD SPDR Gold Shares | Reduce -9.5% | 0.02% | −0.00 |
| ESGU iShares ESG Aware MSCI USA | Reduce -4.5% | 0.05% | −0.00 |
| DVY iShares Select Dividend ETF | Reduce -0.2% | 0.05% | −0.00 |
| JNJ Johnson & Johnson | Reduce -0.7% | 0.02% | −0.00 |
| IVE iShares S&P 500 Value ETF | Reduce -3.2% | 0.03% | −0.00 |
| ITOT iShares Core S&P Total U.S. | Reduce -13.5% | 0.01% | −0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -2.5% | 0.04% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -13.0% | 0.02% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| VTI VG Morningstar TS MKT ETF-US | Add +37.3% | 1.86% | +0.50 |
| DFIC Dimensional International Co. | Add +22.3% | 2.18% | +0.31 |
| VOO Vanguard S&P 500 ETF | Add +1.0% | 24.18% | +0.26 |
| DFGR Dim Global Real Estate ETF | Add +23.1% | 2.52% | +0.23 |
| DFEM Dimensional Emrg MRKT Core | Add +17.5% | 1.15% | +0.10 |
| DFAS Dimensional US Small Cap ETF | Add +30.0% | 0.16% | +0.03 |
| DFSV Dimensional US Small Cap Val | Add +6.7% | 5.35% | +0.01 |
| DFIV Dimensional International Va | Add +35.5% | 0.05% | +0.01 |
| NVDA Nvidia Corp. | New | 0.01% | +0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.01% | +0.01 |
| VCIT Vanguard Int-Term Corporate | New | 0.01% | +0.01 |
| CRM Salesforce Inc. | New | 0.01% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.7% | 0.06% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +2.7% | 0.32% | +0.01 |
| SCHV Schwab US Large-Cap Value | Add +8.1% | 0.08% | +0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +57.1% | 0.02% | +0.00 |
| DMXF iShares ESG Advanc MSCI Eafe | Add +18.3% | 0.04% | +0.00 |
| XOM Exxon Mobil Corp. | Add +13.7% | 0.02% | +0.00 |
| TIP iShares Tips Bond ETF | Add +35.3% | 0.01% | +0.00 |
| VXUS Vanguard Total Intl Stock | Add +31.6% | 0.01% | +0.00 |
| AGG iShares Core U.S. Aggregate | Add +15.1% | 0.06% | +0.00 |
| IJS iShares S&P Small-Cap 600 Va | Add +20.1% | 0.02% | +0.00 |
| DFAR Dimensional US Real Est ETF | Add +14.9% | 0.06% | +0.00 |
| IVW iShares S&P 500 Growth ETF | Add +1.7% | 0.03% | +0.00 |
| IJJ iShares S&P Mid-Cap 400 Valu | Add +9.2% | 0.03% | +0.00 |
| SCHO Schwab Short-Term US Treas | Add +13.5% | 0.02% | +0.00 |
| XLF SS Financial Select Sector | Add +1.0% | 0.01% | +0.00 |
| GSLC Goldman Activebeta US LC ETF | Add +0.1% | 0.02% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +0.3% | 0.02% | 0.00 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +0.2% | 0.01% | −0.00 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +4.4% | 0.01% | −0.00 |
| VT Vanguard Tot World STK ETF | Add +0.1% | 0.02% | −0.00 |
| EFAV iShares MSCI Eafe Min Vol Fa | Add +0.3% | 0.01% | −0.00 |
| XLK SS Technology Select Sector | Add +0.4% | 0.10% | −0.00 |
| BND Vanguard Total Bond Market | Add +1.4% | 0.02% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.7% | 0.05% | −0.00 |
| SCHH Schwab US REIT ETF | Add +8.6% | 0.10% | −0.00 |
| SCHP Schwab U.S. Tips ETF | Add +6.5% | 0.10% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +2.3% | 11.58% | −0.02 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +2.3% | 0.89% | −0.05 |
| VWO Vanguard Ftse Emerging Marke | Add +6.2% | 3.97% | −0.07 |
| SCHF Schwab Intl Equity ETF | Add +1.5% | 2.99% | −0.08 |
| VEA Vanguard Ftse Developed ETF | Add +4.2% | 10.64% | −0.08 |
| VNQ Vanguard Real Estate ETF | Add +1.7% | 0.81% | −0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 137 | $4.1B | VOO, VO, VEA, SCHX, DFSV |
| Q1 2026 | 127 | $3.6B | VOO, VEA, VO, DFSV, SCHX |
| Q4 2025 | 126 | $3.6B | VOO, VO, VEA, SCHX, DFSV |
| Q3 2025 | 122 | $3.5B | VOO, VO, VEA, SCHX, DFSV |
| Q2 2025 | 124 | $3.3B | VOO, VO, VEA, SCHX, SPY |
| Q1 2025 | 120 | $3.0B | VOO, VO, VEA, SCHX, DFSV |
| Q4 2024 | 112 | $2.9B | VOO, VO, VEA, SCHX, DFSV |
| Q3 2024 | 117 | $2.9B | VOO, VO, VEA, SCHX, DFSV |
| Q2 2024 | 117 | $2.7B | VOO, VO, VEA, SCHX, SPY |
| Q1 2024 | 120 | $2.6B | VOO, VO, VEA, SCHX, SPY |