JNBA Financial Advisors
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 23, 2026), JNBA Financial Advisors reported 827 stock positions worth $1.3 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 13.2% of the portfolio, followed by Ste STR SPDR PT DW Eu ETF (SPDW, 9.3%) and iShares 0-3 Month Treasury B (SGOV, 7.0%). Compared with Q1 2026, it opened 88 new positions, sold out of 80, added to 158 and reduced 159. The biggest buy was Api (APG, shares +67%) and the biggest sale SS SPDR P S&P 600 Small Cap (SPSM, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- BLOOMINGTON, MN
- CIK
- 0001569118
- Portfolio Value
- $1.3B (Q2 2026)
- SEC Filing
- 0001569118-26-000005 ↗ filed Jul 23, 2026
Holdings Value
Holdings 827 stocks · $1.3B
| IVV iShares Core S&P 500 ETF | 13.16% | 232,149 | $173.9M | Reduce -4.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 9.27% | 2,430,445 | $122.5M | Reduce -3.0% |
| SGOV iShares 0-3 Month Treasury B | 7.04% | 924,007 | $93.0M | Add +9.1% |
| AVDE Avantis International Equity | 5.20% | 769,910 | $68.7M | Add +8.7% |
| IJH iShares Core S&P Midcap ETF | 4.64% | 794,124 | $61.2M | Reduce -1.1% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 4.17% | 815,885 | $55.1M | Reduce -4.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 3.79% | 581,566 | $50.1M | Reduce -0.8% |
| SPEM State Street SP PTF Em ETF | 3.12% | 796,899 | $41.3M | Add +0.3% |
| VEA Vanguard Ftse Developed ETF | 2.89% | 535,325 | $38.1M | Add +2.6% |
| MOAT Vaneck Morningstar Wide Moat | 2.67% | 338,932 | $35.2M | Reduce -5.3% |
| APG Api Group Corp. | 2.24% | 699,242 | $29.6M | Add +66.6% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.02% | 224,178 | $26.7M | Reduce -3.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.95% | 75,027 | $25.8M | Reduce -3.6% |
| AFL Aflac Inc. | 1.91% | 214,727 | $25.2M | Add +0.0% |
| VIG Vanguard Dividend Apprec ETF | 1.62% | 90,466 | $21.4M | Reduce -2.3% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 1.51% | 378,322 | $20.0M | Add +2.2% |
| VWO Vanguard Ftse Emerging Marke | 1.37% | 303,085 | $18.1M | Reduce -0.3% |
| SPHQ Invesco S&P 500 Quality ETF | 1.34% | 196,648 | $17.7M | Reduce -10.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.19% | 195,423 | $15.7M | Reduce -2.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.08% | 162,121 | $14.2M | Add +16.0% |
| IJR iShares Core S&P Small-Cap E | 1.03% | 91,345 | $13.5M | Reduce -8.2% |
| MSFT Microsoft Corp. | 0.92% | 32,543 | $12.1M | Reduce -0.2% |
| PRF Invesco Rafi US 1000 ETF | 0.86% | 210,945 | $11.4M | Reduce -3.5% |
| AMAT Applied Materials Inc. | 0.74% | 13,519 | $9.8M | Reduce -1.6% |
| IAU iShares Gold Trust | 0.74% | 128,823 | $9.7M | Reduce -1.5% |
| INTC Intel Corp. | 0.70% | 65,771 | $9.2M | Reduce -4.2% |
| AAPL Apple Inc. | 0.68% | 31,180 | $9.0M | Add +6.1% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.65% | 148,319 | $8.6M | Reduce -54.0% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.64% | 75,077 | $8.4M | Reduce -12.3% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.62% | 85,995 | $8.2M | Reduce -3.0% |
| VIGI Vanguard Int Div App Indx FD | 0.60% | 85,265 | $8.0M | Reduce -11.3% |
| ESGD iShares Trust iShares ESG Aw | 0.58% | 74,525 | $7.7M | Reduce -0.1% |
| IVLU iShares MSCI International V | 0.57% | 181,385 | $7.6M | Reduce -0.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.56% | 24,310 | $7.4M | Reduce -17.9% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.55% | 61,696 | $7.2M | Reduce -3.2% |
| CF CF Industries Holdings Inc. | 0.51% | 62,452 | $6.8M | No change |
| AVEM Avantis Emerging Markets Eq | 0.41% | 55,779 | $5.4M | Reduce -1.3% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.37% | 33,379 | $4.9M | Reduce -2.3% |
| SCHD Schwab US DVD Equity ETF | 0.37% | 153,033 | $4.9M | Reduce -13.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.35% | 92,273 | $4.7M | Add +1.4% |
| VEU Vanguard Ftse All-World Ex-U | 0.35% | 54,755 | $4.6M | Reduce -0.2% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.34% | 22,428 | $4.4M | Reduce -2.5% |
| VGT Vanguard Info Tech ETF | 0.33% | 36,349 | $4.3M | Reduce -1.2% |
| XJH Ishare ESG SS S&P Midcap ETF | 0.33% | 82,878 | $4.3M | Reduce -3.8% |
| XVV iShares ESG Select Screened | 0.33% | 75,662 | $4.3M | Reduce -11.7% |
| GLDM SPDR Gold Minishares Trust | 0.32% | 52,392 | $4.2M | Reduce -9.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.31% | 11,025 | $4.1M | Reduce -0.7% |
| GGG Graco Inc. | 0.31% | 53,891 | $4.1M | Reduce -0.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.29% | 48,901 | $3.9M | Reduce -0.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.29% | 62,238 | $3.8M | Reduce -5.8% |
| CELC Celcuity Inc. | 0.28% | 35,753 | $3.7M | No change |
| EAGG iShares ESG Aware US Aggrega | 0.28% | 77,229 | $3.7M | Add +0.8% |
| GOOG Alphabet Inc. Class C | 0.27% | 10,237 | $3.6M | Reduce -1.1% |
| DFEM Dimensional Emrg MRKT Core | 0.26% | 83,714 | $3.4M | Reduce -1.7% |
| GOOGL Alphabet Inc. Class A | 0.26% | 9,478 | $3.4M | Add +1.3% |
| EFG iShares MSCI Eafe Growth ETF | 0.24% | 25,502 | $3.2M | Reduce -1.5% |
| AMZN Amazon.com Inc. | 0.24% | 13,028 | $3.1M | Add +10.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.23% | 33,496 | $3.1M | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 0.21% | 8,578 | $2.8M | Add +0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.20% | 3,605 | $2.7M | Reduce -1.5% |
| DON Wisdomtree US Midcap Dividen | 0.20% | 46,431 | $2.6M | Reduce -4.0% |
| NVDA Nvidia Corp. | 0.20% | 12,982 | $2.6M | Add +2.7% |
| ESGE iShares Inc. iShares ESG Awar | 0.18% | 42,317 | $2.3M | Reduce -1.9% |
| ABBV Abbvie Inc. | 0.17% | 9,004 | $2.3M | Reduce -0.2% |
| MDT Medtronic PLC | 0.16% | 27,701 | $2.2M | No change |
| JHMM John Hancock Multi Fact Mid | 0.16% | 27,928 | $2.1M | Reduce -1.6% |
| DES Wisdomtree US Smallcap Divid | 0.15% | 49,918 | $2.0M | Reduce -1.5% |
| JNJ Johnson & Johnson | 0.15% | 7,699 | $2.0M | Reduce -8.5% |
| UNH Unitedhealth Group Inc. | 0.14% | 4,505 | $1.9M | Add +1.7% |
| QCOM Qualcomm Inc. | 0.14% | 10,042 | $1.9M | Reduce -0.6% |
| IDV iShares International Select | 0.13% | 42,817 | $1.8M | Reduce -0.0% |
| AVGO Broadcom Inc. | 0.12% | 4,308 | $1.6M | Add +720.6% |
| CSCO Cisco Systems Inc. | 0.12% | 13,754 | $1.6M | Reduce -0.7% |
| XOM Exxon Mobil Corp. | 0.12% | 11,807 | $1.6M | Add +34.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.11% | 2 | $1.5M | Reduce -33.3% |
| VSGX Vanguard ESG Intl Stock ETF | 0.11% | 17,980 | $1.5M | Reduce -0.1% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.11% | 12,175 | $1.5M | Reduce -8.7% |
| AVUV Avantis US Small Cap Value | 0.11% | 11,622 | $1.4M | Add +0.6% |
| TRV The Travelers Cos Inc. | 0.11% | 4,367 | $1.4M | Reduce -0.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.11% | 14,557 | $1.4M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.11% | 14,601 | $1.4M | No change |
| MCD McDonald's Corp. | 0.11% | 5,155 | $1.4M | Add +10.6% |
| SUSC iShares ESG Aware Usd Corpor | 0.10% | 58,470 | $1.4M | Add +0.9% |
| SCHW Schwab (charles) Corp. | 0.10% | 14,643 | $1.4M | Add +0.4% |
| AIQ Global X Art Intel & Tech | 0.10% | 19,639 | $1.3M | No change |
| BBY Best Buy Co. Inc. | 0.09% | 16,000 | $1.2M | No change |
| FLEX Flex Ltd. | 0.09% | 7,430 | $1.2M | Add +21752.9% |
| IJT iShares S&P Small-Cap 600 GR | 0.09% | 6,643 | $1.2M | Reduce -6.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.09% | 1,611 | $1.2M | Reduce -2.3% |
| BNDX Vanguard Total Intl Bond ETF | 0.09% | 24,189 | $1.2M | Reduce -11.8% |
| ABT Abbott Laboratories | 0.09% | 12,629 | $1.1M | Reduce -0.4% |
| META Meta Platforms Inc. Class A | 0.09% | 2,018 | $1.1M | Add +0.3% |
| FSLR First Solar Inc. | 0.08% | 4,721 | $1.1M | Add +4.2% |
| IEMG iShares Core MSCI Emerging | 0.08% | 13,361 | $1.1M | No change |
| GDX Vaneck Gold Miners ETF | 0.08% | 14,539 | $1.1M | No change |
| BAC Bank of America Corp. | 0.08% | 18,925 | $1.1M | Add +4.7% |
| DE Deere & Co. | 0.08% | 1,694 | $1.1M | Add +0.3% |
| IVW iShares S&P 500 Growth ETF | 0.08% | 7,778 | $1.1M | Reduce -4.1% |
| SUSB iShares ESG Aware 1-5 Year U | 0.08% | 42,716 | $1.1M | Add +1.4% |
| SMOG Vaneck Low Carbon Energy ETF | 0.08% | 7,224 | $1.1M | Reduce -1.0% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $34K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | 3,000 | $34K | No change |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 4 | $34 | No change |
Lines left out (1) · $3 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| STNC Hennessy Sustainable ETF | SUSTAINABLE ETF | 0 | $3 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q1 2026 → Q2 2026
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -54.0% | 0.65% | −0.65 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -3.0% | 9.27% | −0.26 |
| IAU iShares Gold Trust | Reduce -1.5% | 0.74% | −0.22 |
| AGG iShares Core U.S. Aggregate | Reduce -80.4% | 0.05% | −0.22 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -5.3% | 2.67% | −0.22 |
| GLDM SPDR Gold Minishares Trust | Reduce -9.1% | 0.32% | −0.13 |
| VIGI Vanguard Int Div App Indx FD | Reduce -11.3% | 0.60% | −0.10 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -17.9% | 0.56% | −0.09 |
| MSFT Microsoft Corp. | Reduce -0.2% | 0.92% | −0.09 |
| SCHD Schwab US DVD Equity ETF | Reduce -13.6% | 0.37% | −0.09 |
| GGG Graco Inc. | Reduce -0.4% | 0.31% | −0.07 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -33.3% | 0.11% | −0.07 |
| MRVL Marvell Technology Inc. | Reduce -98.8% | 0.00% | −0.06 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -12.3% | 0.64% | −0.05 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.3% | 1.62% | −0.04 |
| CRM Salesforce Inc. | Reduce -36.8% | 0.03% | −0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -0.3% | 0.29% | −0.03 |
| SPHQ Invesco S&P 500 Quality ETF | Reduce -10.3% | 1.34% | −0.03 |
| IVLU iShares MSCI International V | Reduce -0.7% | 0.57% | −0.03 |
| CVX Chevron Corp. | Reduce -11.2% | 0.05% | −0.03 |
| XJR Ishr ESG SS S&P Smal-Cap-Usd | Reduce -35.3% | 0.07% | −0.03 |
| MOTI Vaneck Mstar Int Moat ETF | Reduce -36.5% | 0.03% | −0.03 |
| XVV iShares ESG Select Screened | Reduce -11.7% | 0.33% | −0.03 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -4.2% | 4.17% | −0.03 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -5.8% | 0.29% | −0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -0.3% | 0.23% | −0.02 |
| JNJ Johnson & Johnson | Reduce -8.5% | 0.15% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.4% | 0.09% | −0.02 |
| IBIT iShares Bitcoin Trust ETF | Reduce -70.9% | 0.01% | −0.02 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -11.8% | 0.09% | −0.02 |
| SLV iShares Silver Trust | Reduce -4.3% | 0.04% | −0.02 |
| IDV iShares International Select | Reduce -0.0% | 0.13% | −0.02 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -2.5% | 0.34% | −0.02 |
| SSII SS Innovations International | Reduce -12.5% | 0.03% | −0.02 |
| BSX Boston Scientific Corp. | Reduce -1.3% | 0.02% | −0.01 |
| ESGD iShares Trust iShares ESG Aw | Reduce -0.1% | 0.58% | −0.01 |
| JPST JPMorgan Ultra-Short Income | Reduce -10.1% | 0.06% | −0.01 |
| DON Wisdomtree US Midcap Dividen | Reduce -4.0% | 0.20% | −0.01 |
| PWV Invesco Large Cap Value ETF | Reduce -11.7% | 0.08% | −0.01 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -3.0% | 0.62% | −0.01 |
| SPOT Spotify Technology SA | Reduce -0.8% | 0.06% | −0.01 |
| NKE Nike Inc. Class B | Reduce -13.4% | 0.02% | −0.01 |
| KO The Coca-Cola Co. | Reduce -8.3% | 0.06% | −0.01 |
| GIS General Mills Inc. | Reduce -7.0% | 0.02% | −0.01 |
| PFE Pfizer Inc. | Reduce -14.1% | 0.01% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -22.4% | 0.02% | −0.01 |
| CIEN Ciena Corp. | Reduce -50.0% | 0.01% | −0.01 |
| COP Conocophillips | Reduce -28.8% | 0.01% | −0.01 |
| BSV Vanguard Short-Term Bond ETF | Reduce -60.6% | 0.00% | −0.00 |
| SMOG Vaneck Low Carbon Energy ETF | Reduce -1.0% | 0.08% | −0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| APG Api Group Corp. | Add +66.6% | 2.24% | +0.83 |
| AVDE Avantis International Equity | Add +8.7% | 5.20% | +0.20 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +16.0% | 1.08% | +0.19 |
| AVGO Broadcom Inc. | Add +720.6% | 0.12% | +0.11 |
| VEA Vanguard Ftse Developed ETF | Add +2.6% | 2.89% | +0.10 |
| FLEX Flex Ltd. | Add +21752.9% | 0.09% | +0.09 |
| LITE Lumentum Holdings Inc. | New | 0.06% | +0.06 |
| AAPL Apple Inc. | Add +6.1% | 0.68% | +0.06 |
| BE Bloom Energy Corp. Class A | New | 0.05% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +1.7% | 0.14% | +0.04 |
| GOOGL Alphabet Inc. Class A | Add +1.3% | 0.26% | +0.03 |
| AMZN Amazon.com Inc. | Add +10.8% | 0.24% | +0.03 |
| DCOR Dimensional US Core Eq 1 ETF | New | 0.03% | +0.03 |
| DFIC Dimensional International Co. | New | 0.02% | +0.02 |
| SPEM State Street SP PTF Em ETF | Add +0.3% | 3.12% | +0.02 |
| SPCX Space Exploration Techn Class A | New | 0.02% | +0.02 |
| NVDA Nvidia Corp. | Add +2.7% | 0.20% | +0.01 |
| FSLR First Solar Inc. | Add +4.2% | 0.08% | +0.01 |
| MMM 3M Co. | Add +13.6% | 0.07% | +0.01 |
| BAC Bank of America Corp. | Add +4.7% | 0.08% | +0.01 |
| BP BP PLC-Spons ADR | Add +2804.8% | 0.01% | +0.01 |
| LLY Eli Lilly & Co. | Add +0.5% | 0.04% | +0.01 |
| TSLA Tesla Inc. | Add +8.5% | 0.06% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | New | 0.01% | +0.01 |
| LRCX Lam Research Corp. | Add +8.7% | 0.01% | +0.00 |
| TSM Taiwan Semiconductor-SP ADR | Add +9.8% | 0.02% | +0.00 |
| WELL Welltower Inc. | Add +129.0% | 0.01% | +0.00 |
| NOBL Proshares S&P 500 Dividend A | New | 0.00% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +2.4% | 0.06% | +0.00 |
| ALMU Aeluma Inc. | Add +107.2% | 0.01% | +0.00 |
| XLK SS Technology Select Sector | Add +2.6% | 0.01% | +0.00 |
| AVUV Avantis US Small Cap Value | Add +0.6% | 0.11% | +0.00 |
| FIX Comfort Systems USA Inc. | New | 0.00% | +0.00 |
| IDEQ Lazard Intl Dynamic Eqy ETF | Add +149.3% | 0.01% | +0.00 |
| GRID First TRST Nasd Class Edg Sgiif | Add +20.2% | 0.01% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 0.21% | +0.00 |
| PWR Quanta Services Inc. | Add +1733.3% | 0.00% | +0.00 |
| MU Micron Technology Inc. | Add +77.3% | 0.00% | +0.00 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +2.2% | 1.51% | +0.00 |
| CDNS Cadence Design SYS Inc. | Add +8.4% | 0.01% | +0.00 |
| V Visa Inc. Class A | Add +1.4% | 0.05% | +0.00 |
| DE Deere & Co. | Add +0.3% | 0.08% | +0.00 |
| STT State Street Corp. | Add +0.6% | 0.01% | +0.00 |
| VFMF Vanguard US Multifactor ETF | Add +64.7% | 0.01% | +0.00 |
| AMD Advanced Micro Devices | Add +142.9% | 0.00% | +0.00 |
| DFAS Dimensional US Small Cap ETF | New | 0.00% | +0.00 |
| GEV GE Vernova Inc. | Add +3.2% | 0.01% | +0.00 |
| GS Goldman Sachs Group Inc. | Add +4.0% | 0.02% | +0.00 |
| SCHM Schwab US Mid Cap ETF | New | 0.00% | +0.00 |
| ADI Analog Devices Inc. | New | 0.00% | +0.00 |
Notes & Other Activity Q1 2026 → Q2 2026
| STNC Hennessy Sustainable ETF | SUSTAINABLE ETF | New | 0 | $3 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 827 | $1.3B | IVV, SPDW, SGOV, AVDE, IJH |
| Q1 2026 | 817 | $1.2B | IVV, SPDW, SGOV, AVDE, IJH |
| Q4 2025 | 795 | $1.1B | IVV, SPDW, IJH, SPMD, VUG |
| Q3 2025 | 650 | $1.1B | IVV, SPDW, IJH, SPMD, VUG |
| Q2 2025 | 650 | $1.0B | IVV, SPDW, BIL, IJH, SPMD |
| Q1 2025 | 646 | $964.6M | IVV, SPDW, BIL, MOAT, IJH |
| Q4 2024 | 645 | $979.3M | IVV, MOAT, SPDW, IJH, SPMD |
| Q3 2024 | 649 | $992.9M | IVV, SPDW, MOAT, IJH, SPEM |
| Q2 2024 | 637 | $947.8M | IVV, SPDW, MOAT, SPMD, IJH |
| Q1 2024 | 665 | $952.2M | IVV, MOAT, SPDW, IJH, SCHD |