JMG Financial Group, Ltd.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 7, 2026), JMG Financial Group, Ltd. reported 127 stock positions worth $3.6 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 22.9% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 11.1%) and Vngrd Mrngstr MD-Cap ETF-Usd (VO, 11.0%). Compared with Q4 2025, it opened 4 new positions, sold out of 3, added to 45 and reduced 44. The biggest buy was Dimensional US Small Cap Val (DFSV, shares +6%) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- DOWNERS GROVE, IL
- CIK
- 0001314404
- Portfolio Value
- $3.6B (Q1 2026)
- SEC Filing
- 0001314404-26-000003 ↗ filed May 7, 2026
Holdings Value
Holdings 127 stocks · $3.6B
| VOO Vanguard S&P 500 ETF | 22.94% | 1,394,763 | $833.4M | Add +4.1% |
| VEA Vanguard Ftse Developed ETF | 11.07% | 6,275,829 | $402.2M | Add +1.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 11.04% | 1,396,617 | $401.1M | Add +3.4% |
| DFSV Dimensional US Small Cap Val | 5.97% | 6,191,354 | $216.9M | Add +6.2% |
| SCHX Schwab US Large-Cap ETF | 5.88% | 8,333,483 | $213.7M | Reduce -1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.72% | 263,665 | $171.5M | Add +3.8% |
| DFIC Dimensional International Co. | 4.68% | 4,786,293 | $170.1M | Add +8.0% |
| DFGR Dim Global Real Estate ETF | 4.64% | 6,344,111 | $168.6M | Add +11.3% |
| VWO Vanguard Ftse Emerging Marke | 4.36% | 2,930,327 | $158.4M | Add +1.7% |
| SCHF Schwab Intl Equity ETF | 2.80% | 4,116,077 | $101.9M | Reduce -2.9% |
| SCHM Schwab US Mid Cap ETF | 2.62% | 3,079,700 | $95.3M | Reduce -2.2% |
| IWR iShares Russell Mid-Cap ETF | 2.45% | 916,371 | $89.1M | Add +5.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.35% | 392,210 | $85.2M | Add +1.1% |
| DFEM Dimensional Emrg MRKT Core | 2.20% | 2,312,160 | $79.9M | Add +8.6% |
| VTI VG Morningstar TS MKT ETF-US | 1.33% | 150,404 | $48.3M | Reduce -0.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.21% | 147,066 | $44.0M | Reduce -0.3% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.85% | 942,824 | $31.1M | Reduce -2.3% |
| IVV iShares Core S&P 500 ETF | 0.73% | 40,441 | $26.4M | Reduce -1.5% |
| VNQ Vanguard Real Estate ETF | 0.62% | 255,079 | $22.6M | Add +3.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.44% | 214,457 | $16.1M | Reduce -2.8% |
| IWF iShares Russell 1000 Growth | 0.41% | 34,919 | $14.9M | Reduce -0.2% |
| IWP iShares Russell Mid-Cap Grow | 0.40% | 114,619 | $14.7M | Add +1.0% |
| IWB iShares Russell 1000 ETF | 0.36% | 36,958 | $13.2M | Reduce -0.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.32% | 26,664 | $11.6M | Reduce -0.9% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.30% | 58,960 | $10.9M | Reduce -0.9% |
| IWS iShares Russell Mid-Cap Valu | 0.30% | 74,147 | $10.8M | Reduce -0.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.26% | 48,889 | $9.6M | Reduce -0.6% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.26% | 209,001 | $9.3M | Add +1.1% |
| SCHB Schwab US Broad Market ETF | 0.21% | 300,653 | $7.5M | Add +1.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.20% | 12,900 | $7.4M | Add +1.4% |
| SCHG Schwab US Large-Cap Growth | 0.20% | 254,821 | $7.4M | Reduce -1.9% |
| IWM iShares Russell 2000 ETF | 0.20% | 29,830 | $7.4M | Reduce -4.5% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.18% | 26,029 | $6.7M | No change |
| DFAS Dimensional US Small Cap ETF | 0.18% | 93,969 | $6.7M | Reduce -0.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.15% | 20,355 | $5.3M | Add +2.9% |
| IWD iShares Russell 1000 Value E | 0.14% | 24,365 | $5.2M | Reduce -1.9% |
| EFA iShares MSCI Eafe ETF | 0.12% | 43,676 | $4.2M | Reduce -0.3% |
| VIG Vanguard Dividend Apprec ETF | 0.12% | 19,647 | $4.2M | Add +6.0% |
| MDY State Street SPDR S&P Midcap | 0.12% | 6,786 | $4.2M | Reduce -3.8% |
| IUSG iShares Core S&P U.S. Growth | 0.11% | 26,307 | $4.1M | No change |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | 0.11% | 76,369 | $4.0M | New |
| XLK SS Technology Select Sector | 0.10% | 26,154 | $3.5M | Add +0.0% |
| IJR iShares Core S&P Small-Cap E | 0.09% | 27,294 | $3.4M | Reduce -0.4% |
| VTIP Vanguard Short-Term Tips | 0.08% | 56,822 | $2.8M | Add +2.4% |
| DFIV Dimensional International Va | 0.08% | 52,880 | $2.8M | Add +9.1% |
| IWV iShares Russell 3000 ETF | 0.07% | 7,234 | $2.7M | Reduce -0.5% |
| ESGD iShares Trust iShares ESG Aw | 0.07% | 27,688 | $2.6M | Add +0.2% |
| SCHP Schwab U.S. Tips ETF | 0.07% | 91,020 | $2.4M | Reduce -0.7% |
| SCHH Schwab US REIT ETF | 0.06% | 109,682 | $2.4M | Reduce -5.8% |
| SCHD Schwab US DVD Equity ETF | 0.06% | 76,169 | $2.3M | Add +13.8% |
| SCHZ Schwab US Aggregate Bond ETF | 0.06% | 99,754 | $2.3M | Reduce -3.6% |
| VXUS Vanguard Total Intl Stock | 0.06% | 28,619 | $2.2M | Add +241.2% |
| IWO iShares Russell 2000 Growth | 0.06% | 6,663 | $2.1M | No change |
| IWN iShares Russell 2000 Value E | 0.06% | 10,599 | $2.0M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.05% | 4,151 | $2.0M | Reduce -1.2% |
| BNDX Vanguard Total Intl Bond ETF | 0.05% | 38,937 | $1.9M | Add +1.1% |
| AGG iShares Core U.S. Aggregate | 0.05% | 18,713 | $1.9M | Reduce -9.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.05% | 20,303 | $1.8M | Add +1.0% |
| IEMG iShares Core MSCI Emerging | 0.05% | 25,583 | $1.8M | Add +1.1% |
| IVW iShares S&P 500 Growth ETF | 0.05% | 15,572 | $1.8M | Reduce -44.6% |
| DVY iShares Select Dividend ETF | 0.05% | 11,177 | $1.7M | No change |
| DFAR Dimensional US Real Est ETF | 0.05% | 69,444 | $1.6M | Add +3.9% |
| SCHA Schwab US Small-Cap ETF | 0.05% | 56,404 | $1.6M | Reduce -2.3% |
| GOOGL Alphabet Inc. Class A | 0.04% | 5,640 | $1.6M | Reduce -1.7% |
| EEM iShares MSCI Emerging Market | 0.04% | 27,606 | $1.6M | Add +17.8% |
| ESGE iShares Inc. iShares ESG Awar | 0.04% | 33,333 | $1.5M | Add +0.6% |
| ESGU iShares ESG Aware MSCI USA | 0.04% | 10,300 | $1.5M | Reduce -0.9% |
| ACWI iShares MSCI Acwi ETF | 0.04% | 10,000 | $1.4M | No change |
| MSFT Microsoft Corp. | 0.04% | 3,569 | $1.3M | Reduce -6.6% |
| SCHV Schwab US Large-Cap Value | 0.04% | 42,939 | $1.3M | Add +0.0% |
| AAPL Apple Inc. | 0.04% | 5,102 | $1.3M | Add +0.7% |
| IJH iShares Core S&P Midcap ETF | 0.03% | 17,785 | $1.2M | Add +1.7% |
| USMV iShares MSCI USA Min Vol Fac | 0.03% | 12,847 | $1.2M | No change |
| IXUS iShares Core Intl Stock ETF | 0.03% | 13,234 | $1.1M | Add +7.0% |
| RSP Invesco S&P 500 Equal Weight | 0.03% | 5,877 | $1.1M | No change |
| GLD SPDR Gold Shares | 0.03% | 2,527 | $1.1M | No change |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.03% | 7,771 | $1.0M | No change |
| BND Vanguard Total Bond Market | 0.02% | 11,056 | $814K | Add +0.6% |
| IVE iShares S&P 500 Value ETF | 0.02% | 3,783 | $799K | No change |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.02% | 22,990 | $746K | Add +0.9% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.02% | 11,283 | $730K | No change |
| DMXF iShares ESG Advanc MSCI Eafe | 0.02% | 9,229 | $696K | Add +0.4% |
| XOM Exxon Mobil Corp. | 0.02% | 4,084 | $693K | Reduce -1.5% |
| VT Vanguard Tot World STK ETF | 0.02% | 4,980 | $689K | Add +1.2% |
| USXF iShares ESG Advance MSCI USA | 0.02% | 11,633 | $642K | No change |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.02% | 22,545 | $628K | Add +0.2% |
| SCZ iShares MSCI Eafe Small-Cap | 0.02% | 7,519 | $590K | Reduce -0.3% |
| VONG Vanguard Russell 1000 Growth | 0.01% | 4,836 | $530K | Add +31.1% |
| COST Costco Wholesale Corp. | 0.01% | 528 | $526K | No change |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.01% | 10,526 | $515K | Add +2.1% |
| ITOT iShares Core S&P Total U.S. | 0.01% | 3,608 | $514K | Add +51.9% |
| MA Mastercard Inc. Class A | 0.01% | 1,019 | $509K | No change |
| XLF SS Financial Select Sector | 0.01% | 10,054 | $496K | Add +17.5% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.01% | 5,231 | $478K | No change |
| TDG Transdigm Group Inc. | 0.01% | 406 | $471K | Reduce -15.9% |
| IJS iShares S&P Small-Cap 600 Va | 0.01% | 3,767 | $446K | Reduce -1.9% |
| TIP iShares Tips Bond ETF | 0.01% | 3,930 | $434K | Reduce -1.9% |
| JNJ Johnson & Johnson | 0.01% | 1,652 | $404K | No change |
| AMZN Amazon.com Inc. | 0.01% | 1,915 | $399K | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.01% | 6,695 | $379K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| SCHX Schwab US Large-Cap ETF | Reduce -1.3% | 5.88% | −0.51 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -0.3% | 1.21% | −0.10 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.2% | 1.33% | −0.09 |
| IVV iShares Core S&P 500 ETF | Reduce -1.5% | 0.73% | −0.06 |
| SCHF Schwab Intl Equity ETF | Reduce -2.9% | 2.80% | −0.06 |
| IWF iShares Russell 1000 Growth | Reduce -0.2% | 0.41% | −0.06 |
| IVW iShares S&P 500 Growth ETF | Reduce -44.6% | 0.05% | −0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.9% | 0.32% | −0.05 |
| SCHM Schwab US Mid Cap ETF | Reduce -2.2% | 2.62% | −0.04 |
| SCHG Schwab US Large-Cap Growth | Reduce -1.9% | 0.20% | −0.03 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -2.3% | 0.85% | −0.03 |
| IWB iShares Russell 1000 ETF | Reduce -0.0% | 0.36% | −0.03 |
| MSFT Microsoft Corp. | Reduce -6.6% | 0.04% | −0.02 |
| SDY SS SPDR S&P Dividend ETF | Reduce -65.1% | 0.01% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -2.8% | 0.44% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -4.5% | 0.20% | −0.01 |
| AGG iShares Core U.S. Aggregate | Reduce -9.3% | 0.05% | −0.01 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Sold out | 0.00% | −0.01 |
| AKRE Akre Focus ETF | Sold out | 0.00% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -1.7% | 0.04% | −0.01 |
| IWV iShares Russell 3000 ETF | Reduce -0.5% | 0.07% | −0.01 |
| TDG Transdigm Group Inc. | Reduce -15.9% | 0.01% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.2% | 0.05% | −0.00 |
| MDY State Street SPDR S&P Midcap | Reduce -3.8% | 0.12% | −0.00 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -3.6% | 0.06% | −0.00 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -29.6% | 0.01% | −0.00 |
| IWD iShares Russell 1000 Value E | Reduce -1.9% | 0.14% | −0.00 |
| SCHH Schwab US REIT ETF | Reduce -5.8% | 0.06% | −0.00 |
| ESGU iShares ESG Aware MSCI USA | Reduce -0.9% | 0.04% | −0.00 |
| SCHP Schwab U.S. Tips ETF | Reduce -0.7% | 0.07% | −0.00 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -18.9% | 0.01% | −0.00 |
| EFA iShares MSCI Eafe ETF | Reduce -0.3% | 0.12% | −0.00 |
| GSLC Goldman Activebeta US LC ETF | Reduce -6.6% | 0.01% | −0.00 |
| DFAS Dimensional US Small Cap ETF | Reduce -0.6% | 0.18% | −0.00 |
| SCHA Schwab US Small-Cap ETF | Reduce -2.3% | 0.05% | −0.00 |
| TIP iShares Tips Bond ETF | Reduce -1.9% | 0.01% | −0.00 |
| PG The Procter & Gamble Co. | Reduce -2.6% | 0.01% | −0.00 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -0.3% | 0.02% | −0.00 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -1.9% | 0.01% | 0.00 |
| EFV iShares MSCI Eafe Value ETF | Reduce -1.3% | 0.01% | 0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.6% | 0.26% | 0.00 |
| BPRE Bluerock Private Real Estate | Reduce -4.5% | 0.01% | +0.00 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.4% | 0.09% | +0.00 |
| IWS iShares Russell Mid-Cap Valu | Reduce -0.7% | 0.30% | +0.00 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -0.9% | 0.30% | +0.00 |
| XOM Exxon Mobil Corp. | Reduce -1.5% | 0.02% | +0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| DFSV Dimensional US Small Cap Val | Add +6.2% | 5.97% | +0.58 |
| DFGR Dim Global Real Estate ETF | Add +11.3% | 4.64% | +0.41 |
| DFIC Dimensional International Co. | Add +8.0% | 4.68% | +0.39 |
| DFEM Dimensional Emrg MRKT Core | Add +8.6% | 2.20% | +0.22 |
| VEA Vanguard Ftse Developed ETF | Add +1.1% | 11.07% | +0.17 |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | New | 0.11% | +0.11 |
| IWR iShares Russell Mid-Cap ETF | Add +5.5% | 2.45% | +0.10 |
| VXUS Vanguard Total Intl Stock | Add +241.2% | 0.06% | +0.04 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +1.1% | 2.35% | +0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +3.4% | 11.04% | +0.02 |
| SCHD Schwab US DVD Equity ETF | Add +13.8% | 0.06% | +0.01 |
| DFIV Dimensional International Va | Add +9.1% | 0.08% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +3.1% | 0.62% | +0.01 |
| EEM iShares MSCI Emerging Market | Add +17.8% | 0.04% | +0.01 |
| DFAI Dimensional International Co. | New | 0.01% | +0.01 |
| NEE Nextera Energy Inc. | New | 0.01% | +0.01 |
| RGLD Royal Gold Inc. | New | 0.01% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +1.7% | 4.36% | +0.00 |
| ITOT iShares Core S&P Total U.S. | Add +51.9% | 0.01% | +0.00 |
| MRK Merck & Co. Inc. | Add +44.3% | 0.01% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +2.9% | 0.15% | +0.00 |
| DFAR Dimensional US Real Est ETF | Add +3.9% | 0.05% | +0.00 |
| IXUS iShares Core Intl Stock ETF | Add +7.0% | 0.03% | +0.00 |
| VONG Vanguard Russell 1000 Growth | Add +31.1% | 0.01% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +6.0% | 0.12% | +0.00 |
| IEMG iShares Core MSCI Emerging | Add +1.1% | 0.05% | +0.00 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +2.1% | 0.01% | +0.00 |
| VTIP Vanguard Short-Term Tips | Add +2.4% | 0.08% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +1.7% | 0.03% | +0.00 |
| ESGE iShares Inc. iShares ESG Awar | Add +0.6% | 0.04% | +0.00 |
| XLF SS Financial Select Sector | Add +17.5% | 0.01% | +0.00 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +0.9% | 0.02% | +0.00 |
| SCHV Schwab US Large-Cap Value | Add +0.0% | 0.04% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +1.0% | 0.05% | +0.00 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +0.2% | 0.02% | +0.00 |
| DMXF iShares ESG Advanc MSCI Eafe | Add +0.4% | 0.02% | −0.00 |
| BND Vanguard Total Bond Market | Add +0.6% | 0.02% | −0.00 |
| VT Vanguard Tot World STK ETF | Add +1.2% | 0.02% | −0.00 |
| BNDX Vanguard Total Intl Bond ETF | Add +1.1% | 0.05% | −0.00 |
| ESGD iShares Trust iShares ESG Aw | Add +0.2% | 0.07% | −0.00 |
| IBIT iShares Bitcoin Trust ETF | Add +9.1% | 0.01% | −0.00 |
| AAPL Apple Inc. | Add +0.7% | 0.04% | −0.00 |
| XLK SS Technology Select Sector | Add +0.0% | 0.10% | −0.01 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +1.1% | 0.26% | −0.01 |
| SCHB Schwab US Broad Market ETF | Add +1.4% | 0.21% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.4% | 0.20% | −0.01 |
| IWP iShares Russell Mid-Cap Grow | Add +1.0% | 0.40% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.8% | 4.72% | −0.15 |
| VOO Vanguard S&P 500 ETF | Add +4.1% | 22.94% | −0.67 |
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 |