JMG Financial Group, Ltd.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 30, 2024), JMG Financial Group, Ltd. reported 117 stock positions worth $2.7 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 24.8% of the portfolio, followed by Vngrd Mrngstr MD-Cap ETF-Usd (VO, 11.2%) and Vanguard Ftse Developed ETF (VEA, 10.5%). Compared with Q1 2024, it opened 2 new positions, sold out of 5, added to 33 and reduced 48. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +1%) and the biggest sale iShares Russell Mid-Cap ETF (IWR, shares −2%).

Most Recent 13F
Q2 2026
Location
DOWNERS GROVE, IL
CIK
0001314404
Portfolio Value
$2.7B (Q2 2024)
SEC Filing
0001314404-24-000003 ↗ filed Jul 30, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $2.6B Q1 2024 Q2 2024: $2.7B $2.7B Q2 2024 Q3 2024: $2.9B Q3 2024 Q4 2024: $2.9B Q4 2024 Q1 2025: $3.0B Q1 2025 Q2 2025: $3.3B Q2 2025 Q3 2025: $3.5B Q3 2025 Q4 2025: $3.6B Q4 2025 Q1 2026: $3.6B Q1 2026 Q2 2026: $4.1B Q2 2026

Holdings 117 stocks · $2.7B
VOO Vanguard S&P 500 ETF 24.84% 1,329,989 $665.2M Add +0.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 11.22% 1,241,642 $300.6M Add +2.2%
VEA Vanguard Ftse Developed ETF 10.53% 5,704,667 $281.9M Add +2.6%
SCHX Schwab US Large-Cap ETF 6.83% 2,847,600 $183.0M Reduce -0.9%
SPY SS SPDR S&P 500 ETF Trust-US 5.39% 265,455 $144.5M Reduce -2.1%
DFSV Dimensional US Small Cap Val 5.27% 4,907,427 $141.2M Add +5.2%
VWO Vanguard Ftse Emerging Marke 4.24% 2,597,738 $113.7M Add +4.2%
DFGR Dim Global Real Estate ETF 2.91% 3,113,618 $77.8M Add +20.4%
SCHF Schwab Intl Equity ETF 2.84% 1,980,887 $76.1M Reduce -1.4%
IWR iShares Russell Mid-Cap ETF 2.83% 933,520 $75.7M Reduce -1.6%
SCHM Schwab US Mid Cap ETF 2.82% 969,285 $75.4M Reduce -0.7%
DFIC Dimensional International Co. 2.45% 2,490,931 $65.5M Add +16.7%
VBR Vngrd Mrngst SL-CP Val ETF-U 1.96% 287,007 $52.4M Add +0.4%
VTI VG Morningstar TS MKT ETF-US 1.77% 177,189 $47.4M Reduce -5.6%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 1.59% 171,114 $42.7M Reduce -0.7%
DFEM Dimensional Emrg MRKT Core 1.32% 1,323,293 $35.4M Add +12.1%
SCHE Schwab Emrg Mrkts Eqty ETF 0.88% 886,304 $23.5M Reduce -4.4%
IVV iShares Core S&P 500 ETF 0.84% 41,256 $22.6M Reduce -1.5%
VNQ Vanguard Real Estate ETF 0.78% 247,977 $20.8M Add +0.4%
IWP iShares Russell Mid-Cap Grow 0.50% 121,609 $13.4M Reduce -4.3%
VEU Vanguard Ftse All-World Ex-U 0.49% 224,854 $13.2M Reduce -0.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.44% 31,303 $11.7M Add +0.7%
IWF iShares Russell 1000 Growth 0.44% 31,999 $11.7M Reduce -4.6%
IWB iShares Russell 1000 ETF 0.41% 37,350 $11.1M Reduce -1.5%
IWS iShares Russell Mid-Cap Valu 0.36% 80,789 $9.8M Reduce -5.3%
VNQI Vanguard GLBL Ex-US Real Est 0.35% 230,494 $9.4M Reduce -2.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.33% 59,577 $9.0M Add +0.8%
SCHZ Schwab US Aggregate Bond ETF 0.31% 182,682 $8.3M Reduce -15.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.30% 49,321 $7.9M Reduce -5.2%
SCHB Schwab US Broad Market ETF 0.28% 118,566 $7.5M Reduce -1.8%
IWM iShares Russell 2000 ETF 0.25% 33,350 $6.8M Add +1.7%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.24% 28,041 $6.4M Reduce -0.3%
SCHG Schwab US Large-Cap Growth 0.24% 62,586 $6.3M Reduce -8.4%
DFAS Dimensional US Small Cap ETF 0.17% 75,336 $4.5M Add +12.1%
VB Vanguard Most SM-Cap ETF-Usd 0.16% 19,524 $4.3M Reduce -0.3%
IWD iShares Russell 1000 Value E 0.15% 22,876 $4.0M Reduce -19.9%
MDY State Street SPDR S&P Midcap 0.14% 7,049 $3.8M No change
QQQ Invesco QQQ Trust Series 1 0.13% 7,321 $3.5M Add +1.6%
EFA iShares MSCI Eafe ETF 0.13% 44,090 $3.5M Reduce -1.5%
IWV iShares Russell 3000 ETF 0.13% 10,915 $3.4M No change
VIG Vanguard Dividend Apprec ETF 0.13% 18,375 $3.4M Reduce -0.9%
IUSG iShares Core S&P U.S. Growth 0.12% 26,181 $3.3M No change
XLK SS Technology Select Sector 0.11% 13,026 $2.9M Add +7.2%
SCHP Schwab U.S. Tips ETF 0.11% 56,013 $2.9M Add +8.7%
IJR iShares Core S&P Small-Cap E 0.11% 27,276 $2.9M Add +5.1%
ESGD iShares Trust iShares ESG Aw 0.10% 35,669 $2.8M No change
VTIP Vanguard Short-Term Tips 0.10% 57,099 $2.8M Reduce -2.3%
SCHH Schwab US REIT ETF 0.10% 128,277 $2.6M Reduce -0.8%
MSFT Microsoft Corp. 0.10% 5,730 $2.6M Add +13.9%
BNDX Vanguard Total Intl Bond ETF 0.07% 40,723 $2.0M Add +3.9%
AGG iShares Core U.S. Aggregate 0.06% 16,879 $1.6M Add +2.0%
BRK.B Berkshire Hathaway Inc. Class B 0.06% 3,932 $1.6M No change
DFAR Dimensional US Real Est ETF 0.06% 67,238 $1.5M No change
DFIV Dimensional International Va 0.06% 41,345 $1.5M Add +13.8%
IEMG iShares Core MSCI Emerging 0.05% 27,383 $1.5M Reduce -9.4%
IWO iShares Russell 2000 Growth 0.05% 5,571 $1.5M No change
ESGE iShares Inc. iShares ESG Awar 0.05% 42,656 $1.4M Add +0.0%
ESGU iShares ESG Aware MSCI USA 0.05% 11,693 $1.4M No change
DVY iShares Select Dividend ETF 0.05% 11,404 $1.4M Add +6.3%
SCHV Schwab US Large-Cap Value 0.05% 18,483 $1.4M Reduce -35.3%
IEFA iShares Core MSCI Eafe ETF 0.05% 18,303 $1.3M Add +10.3%
USMV iShares MSCI USA Min Vol Fac 0.04% 13,710 $1.2M Reduce -50.3%
AAPL Apple Inc. 0.04% 5,448 $1.1M Add +0.8%
GOOGL Alphabet Inc. Class A 0.04% 6,240 $1.1M No change
ACWI iShares MSCI Acwi ETF 0.04% 10,000 $1.1M No change
SCHA Schwab US Small-Cap ETF 0.04% 22,919 $1.1M Add +0.3%
SCHD Schwab US DVD Equity ETF 0.04% 13,334 $1.0M Reduce -18.5%
DMXF iShares ESG Advanc MSCI Eafe 0.04% 14,146 $954K Add +0.3%
RSP Invesco S&P 500 Equal Weight 0.03% 5,661 $930K No change
IVW iShares S&P 500 Growth ETF 0.03% 9,862 $913K Reduce -5.5%
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.03% 9,178 $851K Reduce -11.1%
IVE iShares S&P 500 Value ETF 0.03% 4,480 $815K Reduce -8.1%
IXUS iShares Core Intl Stock ETF 0.03% 11,788 $796K No change
EEM iShares MSCI Emerging Market 0.03% 18,476 $787K No change
USXF iShares ESG Advance MSCI USA 0.03% 16,116 $751K No change
EEMV iShares MSCI Emg MKT Min Vol 0.02% 11,572 $662K Reduce -7.1%
IJJ iShares S&P Mid-Cap 400 Valu 0.02% 5,784 $656K Reduce -2.2%
GLD SPDR Gold Shares 0.02% 3,052 $656K No change
TDG Transdigm Group Inc. 0.02% 513 $655K No change
IJS iShares S&P Small-Cap 600 Va 0.02% 6,047 $588K Reduce -0.1%
IJH iShares Core S&P Midcap ETF 0.02% 9,457 $553K Add +5.6%
XOM Exxon Mobil Corp. 0.02% 4,223 $486K No change
FNDA Schwab Fndmntl US SM Co. ETF 0.02% 8,851 $486K Add +39.3%
SCZ iShares MSCI Eafe Small-Cap 0.02% 7,501 $462K No change
MA Mastercard Inc. Class A 0.02% 1,018 $449K Reduce -21.5%
AMZN Amazon.com Inc. 0.02% 2,229 $431K Add +45.2%
TXN Texas Instruments Inc. 0.02% 2,180 $424K No change
BND Vanguard Total Bond Market 0.02% 5,872 $423K Reduce -0.2%
JNJ Johnson & Johnson 0.02% 2,835 $414K Reduce -23.8%
GSLC Goldman Activebeta US LC ETF 0.02% 3,819 $408K Add +0.1%
JPM JPMorgan Chase & Co. 0.02% 2,015 $408K No change
IEI iShares 3-7 Year Treasury Bo 0.01% 3,345 $386K Reduce -16.2%
VT Vanguard Tot World STK ETF 0.01% 3,399 $383K Reduce -13.6%
FNDX Schwab Fndmntl US LRG Co. ETF 0.01% 5,572 $373K No change
EFAV iShares MSCI Eafe Min Vol Fa 0.01% 5,231 $363K No change
VTEB Vanguard Tax-Exempt Bond ETF 0.01% 6,985 $350K Reduce -16.8%
TIP iShares Tips Bond ETF 0.01% 3,263 $348K Reduce -0.2%
VONG Vanguard Russell 1000 Growth 0.01% 3,689 $346K Reduce -8.8%
MRK Merck & Co. Inc. 0.01% 2,696 $334K No change
FNDF Schwab Fndmn Intl LRG Co. ETF 0.01% 9,087 $318K New
PG The Procter & Gamble Co. 0.01% 1,925 $317K Reduce -17.0%
VOTE TCW Transform 500 ETF 0.01% 4,794 $305K Reduce -3.8%
VHT Vanguard Health Care ETF 0.01% 1,130 $300K Add +20.7%
RGLD Royal Gold Inc. 0.01% 2,381 $298K No change
HD Home Depot Inc. 0.01% 850 $293K No change
ITOT iShares Core S&P Total U.S. 0.01% 2,376 $282K No change
XLF SS Financial Select Sector 0.01% 6,765 $278K Reduce -1.0%
VXUS Vanguard Total Intl Stock 0.01% 4,609 $278K No change
SDY SS SPDR S&P Dividend ETF 0.01% 2,154 $274K Reduce -3.9%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.01% 1,087 $272K No change
FIS Fidelity National Info Serv 0.01% 3,368 $254K No change
SPYV SS SPDR P S&P 500 Value ETF 0.01% 4,964 $242K No change
LMT Lockheed Martin Corp. 0.01% 500 $234K No change
OShares FTSE Russell Small Cap 0.01% 5,579 $230K No change
GOOG Alphabet Inc. Class C 0.01% 1,220 $224K New
VCIT Vanguard Int-Term Corporate 0.01% 2,718 $217K No change
GWX State Street SPDR S&P Intern 0.01% 6,329 $201K No change

Portfolio Sells Q1 2024 → Q2 2024
IWR iShares Russell Mid-Cap ETF Reduce -1.6% 2.83% −0.21
SCHM Schwab US Mid Cap ETF Reduce -0.7% 2.82% −0.21
SCHF Schwab Intl Equity ETF Reduce -1.4% 2.84% −0.15
VTI VG Morningstar TS MKT ETF-US Reduce -5.6% 1.77% −0.09
SCHZ Schwab US Aggregate Bond ETF Reduce -15.6% 0.31% −0.07
IWP iShares Russell Mid-Cap Grow Reduce -4.3% 0.50% −0.05
IWD iShares Russell 1000 Value E Reduce -19.9% 0.15% −0.05
USMV iShares MSCI USA Min Vol Fac Reduce -50.3% 0.04% −0.04
IWS iShares Russell Mid-Cap Valu Reduce -5.3% 0.36% −0.04
SCHV Schwab US Large-Cap Value Reduce -35.3% 0.05% −0.03
VNQI Vanguard GLBL Ex-US Real Est Reduce -2.2% 0.35% −0.03
VTV Vanguard Mrngstr Val ETF-Aui Reduce -5.2% 0.30% −0.03
SCHO Schwab Short-Term US Treas Sold out 0.00% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.1% 5.39% −0.01
VEU Vanguard Ftse All-World Ex-U Reduce -0.7% 0.49% −0.01
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -4.4% 0.88% −0.01
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -0.3% 0.24% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -0.3% 0.16% −0.01
SCHD Schwab US DVD Equity ETF Reduce -18.5% 0.04% −0.01
NVDA Nvidia Corp. Sold out 0.00% −0.01
CRM Salesforce Inc. Sold out 0.00% −0.01
EFA iShares MSCI Eafe ETF Reduce -1.5% 0.13% −0.01
MA Mastercard Inc. Class A Reduce -21.5% 0.02% −0.01
JNJ Johnson & Johnson Reduce -23.8% 0.02% −0.01
SCHG Schwab US Large-Cap Growth Reduce -8.4% 0.24% −0.01
HYS PIMCO 0-5 Year H/Y Corp. Bond Reduce -11.1% 0.03% −0.01
IEMG iShares Core MSCI Emerging Reduce -9.4% 0.05% −0.00
SCHH Schwab US REIT ETF Reduce -0.8% 0.10% −0.00
IVE iShares S&P 500 Value ETF Reduce -8.1% 0.03% −0.00
VIG Vanguard Dividend Apprec ETF Reduce -0.9% 0.13% −0.00
IEI iShares 3-7 Year Treasury Bo Reduce -16.2% 0.01% −0.00
VTIP Vanguard Short-Term Tips Reduce -2.3% 0.10% −0.00
VTEB Vanguard Tax-Exempt Bond ETF Reduce -16.8% 0.01% −0.00
SCHB Schwab US Broad Market ETF Reduce -1.8% 0.28% −0.00
PG The Procter & Gamble Co. Reduce -17.0% 0.01% −0.00
VT Vanguard Tot World STK ETF Reduce -13.6% 0.01% −0.00
EEMV iShares MSCI Emg MKT Min Vol Reduce -7.1% 0.02% −0.00
IJJ iShares S&P Mid-Cap 400 Valu Reduce -2.2% 0.02% −0.00
IJS iShares S&P Small-Cap 600 Va Reduce -0.1% 0.02% −0.00
IWB iShares Russell 1000 ETF Reduce -1.5% 0.41% −0.00
SDY SS SPDR S&P Dividend ETF Reduce -3.9% 0.01% −0.00
XLF SS Financial Select Sector Reduce -1.0% 0.01% −0.00
BND Vanguard Total Bond Market Reduce -0.2% 0.02% −0.00
TIP iShares Tips Bond ETF Reduce -0.2% 0.01% −0.00
VONG Vanguard Russell 1000 Growth Reduce -8.8% 0.01% −0.00
VOTE TCW Transform 500 ETF Reduce -3.8% 0.01% −0.00
CBIS Cannabis Science Inc. Sold out 0.00% 0.00
CWRN Cotton & Western Mining Inc. Sold out 0.00% 0.00
IVW iShares S&P 500 Growth ETF Reduce -5.5% 0.03% +0.00
IVV iShares Core S&P 500 ETF Reduce -1.5% 0.84% +0.00

Portfolio Buys Q1 2024 → Q2 2024
VOO Vanguard S&P 500 ETF Add +0.8% 24.84% +0.66
DFGR Dim Global Real Estate ETF Add +20.4% 2.91% +0.39
VWO Vanguard Ftse Emerging Marke Add +4.2% 4.24% +0.28
DFIC Dimensional International Co. Add +16.7% 2.45% +0.27
DFEM Dimensional Emrg MRKT Core Add +12.1% 1.32% +0.17
VUG Vanguard Mrngstar GR ETF-Sui Add +0.7% 0.44% +0.03
MSFT Microsoft Corp. Add +13.9% 0.10% +0.01
XLK SS Technology Select Sector Add +7.2% 0.11% +0.01
FNDF Schwab Fndmn Intl LRG Co. ETF New 0.01% +0.01
DFAS Dimensional US Small Cap ETF Add +12.1% 0.17% +0.01
QQQ Invesco QQQ Trust Series 1 Add +1.6% 0.13% +0.01
GOOG Alphabet Inc. Class C New 0.01% +0.01
AAPL Apple Inc. Add +0.8% 0.04% +0.01
SCHP Schwab U.S. Tips ETF Add +8.7% 0.11% +0.01
AMZN Amazon.com Inc. Add +45.2% 0.02% +0.01
DFIV Dimensional International Va Add +13.8% 0.06% +0.00
FNDA Schwab Fndmntl US SM Co. ETF Add +39.3% 0.02% +0.00
IEFA iShares Core MSCI Eafe ETF Add +10.3% 0.05% +0.00
VHT Vanguard Health Care ETF Add +20.7% 0.01% +0.00
DVY iShares Select Dividend ETF Add +6.3% 0.05% +0.00
ESGE iShares Inc. iShares ESG Awar Add +0.0% 0.05% +0.00
BNDX Vanguard Total Intl Bond ETF Add +3.9% 0.07% +0.00
GSLC Goldman Activebeta US LC ETF Add +0.1% 0.02% +0.00
IJH iShares Core S&P Midcap ETF Add +5.6% 0.02% −0.00
AGG iShares Core U.S. Aggregate Add +2.0% 0.06% −0.00
IJR iShares Core S&P Small-Cap E Add +5.1% 0.11% −0.00
DMXF iShares ESG Advanc MSCI Eafe Add +0.3% 0.04% −0.00
SCHA Schwab US Small-Cap ETF Add +0.3% 0.04% −0.00
IWM iShares Russell 2000 ETF Add +1.7% 0.25% −0.01
VOE Vngrd Mrngstr MD-Cap Val ETF Add +0.8% 0.33% −0.02
VNQ Vanguard Real Estate ETF Add +0.4% 0.78% −0.04
DFSV Dimensional US Small Cap Val Add +5.2% 5.27% −0.08
VEA Vanguard Ftse Developed ETF Add +2.6% 10.53% −0.11
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.4% 1.96% −0.13
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +2.2% 11.22% −0.35

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 137$4.1BVOO, VO, VEA, SCHX, DFSV
Q1 2026 127$3.6BVOO, VEA, VO, DFSV, SCHX
Q4 2025 126$3.6BVOO, VO, VEA, SCHX, DFSV
Q3 2025 122$3.5BVOO, VO, VEA, SCHX, DFSV
Q2 2025 124$3.3BVOO, VO, VEA, SCHX, SPY
Q1 2025 120$3.0BVOO, VO, VEA, SCHX, DFSV
Q4 2024 112$2.9BVOO, VO, VEA, SCHX, DFSV
Q3 2024 117$2.9BVOO, VO, VEA, SCHX, DFSV
Q2 2024 117$2.7BVOO, VO, VEA, SCHX, SPY
Q1 2024 120$2.6BVOO, VO, VEA, SCHX, SPY