JNBA Financial Advisors
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 31, 2024), JNBA Financial Advisors reported 649 stock positions worth $992.9 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 14.5% of the portfolio, followed by Ste STR SPDR PT DW Eu ETF (SPDW, 8.6%) and Vaneck Morningstar Wide Moat (MOAT, 8.0%). Compared with Q2 2024, it opened 47 new positions, sold out of 36, added to 77 and reduced 183. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +14%) and the biggest sale SS SPDR P S&P 400 Midcap ETF (SPMD, shares −19%).
- Most Recent 13F
- Q2 2026
- Location
- BLOOMINGTON, MN
- CIK
- 0001569118
- Portfolio Value
- $992.9M (Q3 2024)
- SEC Filing
- 0001569118-24-000005 ↗ filed Oct 31, 2024
Holdings Value
Holdings 649 stocks · $992.9M
| IVV iShares Core S&P 500 ETF | 14.47% | 249,033 | $143.6M | Add +14.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 8.57% | 2,266,280 | $85.1M | Add +11.2% |
| MOAT Vaneck Morningstar Wide Moat | 7.96% | 815,739 | $79.1M | Add +0.2% |
| IJH iShares Core S&P Midcap ETF | 4.74% | 755,387 | $47.1M | Reduce -0.7% |
| SPEM State Street SP PTF Em ETF | 4.56% | 1,097,660 | $45.3M | Add +13.9% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 3.91% | 709,256 | $38.8M | Reduce -19.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.85% | 73,654 | $28.3M | Add +2.2% |
| VIG Vanguard Dividend Apprec ETF | 2.53% | 126,821 | $25.1M | Reduce -8.0% |
| AFL Aflac Inc. | 2.45% | 217,892 | $24.4M | Reduce -0.2% |
| SCHD Schwab US DVD Equity ETF | 2.42% | 283,708 | $24.0M | Reduce -26.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 2.32% | 505,457 | $23.0M | Reduce -0.6% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 2.26% | 600,369 | $22.4M | Reduce -16.4% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.13% | 255,040 | $21.2M | Reduce -3.9% |
| VEA Vanguard Ftse Developed ETF | 2.01% | 377,012 | $19.9M | Add +3.9% |
| VWO Vanguard Ftse Emerging Marke | 1.43% | 297,686 | $14.2M | Add +0.9% |
| IJR iShares Core S&P Small-Cap E | 1.36% | 115,392 | $13.5M | Reduce -1.9% |
| PRF Invesco Rafi US 1000 ETF | 1.17% | 286,120 | $11.6M | Add +0.4% |
| MSFT Microsoft Corp. | 1.13% | 25,959 | $11.2M | Reduce -2.2% |
| VIGI Vanguard Int Div App Indx FD | 1.12% | 126,405 | $11.2M | Reduce -4.2% |
| IVLU iShares MSCI International V | 1.11% | 372,510 | $11.0M | Reduce -9.4% |
| APG Api Group Corp. | 1.11% | 332,850 | $11.0M | No change |
| MDYV SS SPDR S&P 400 MC Val ETF | 1.08% | 134,411 | $10.7M | Reduce -26.5% |
| MDYG SS SPDR S&P 400 MC GR ETF | 1.05% | 118,963 | $10.4M | Reduce -6.6% |
| IAU iShares Gold Trust | 0.85% | 169,859 | $8.4M | Reduce -9.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.82% | 154,839 | $8.2M | Reduce -6.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.82% | 30,767 | $8.1M | Reduce -0.3% |
| AAPL Apple Inc. | 0.76% | 32,220 | $7.5M | Reduce -2.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.73% | 27,410 | $7.2M | Reduce -8.8% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.70% | 75,160 | $6.9M | Reduce -1.4% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.69% | 134,782 | $6.9M | Reduce -10.6% |
| GLDM SPDR Gold Minishares Trust | 0.66% | 125,769 | $6.6M | Reduce -26.8% |
| AVEM Avantis Emerging Markets Eq | 0.65% | 99,235 | $6.4M | Reduce -32.9% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.58% | 66,853 | $5.7M | Reduce -4.2% |
| ESGD iShares Trust iShares ESG Aw | 0.56% | 66,405 | $5.6M | Add +27.6% |
| GGG Graco Inc. | 0.48% | 54,441 | $4.8M | Reduce -1.1% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.47% | 37,533 | $4.6M | Reduce -3.2% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.45% | 26,755 | $4.5M | Reduce -8.8% |
| DFEM Dimensional Emrg MRKT Core | 0.45% | 159,192 | $4.5M | Reduce -15.5% |
| EFG iShares MSCI Eafe Growth ETF | 0.43% | 39,328 | $4.2M | Reduce -4.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.43% | 53,228 | $4.2M | Reduce -3.7% |
| BNDX Vanguard Total Intl Bond ETF | 0.41% | 81,725 | $4.1M | Add +10.4% |
| DON Wisdomtree US Midcap Dividen | 0.38% | 73,312 | $3.7M | Reduce -21.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.37% | 57,671 | $3.6M | Reduce -1.2% |
| XVV iShares ESG Select Screened | 0.36% | 81,352 | $3.6M | Add +38.8% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.33% | 35,428 | $3.3M | Reduce -27.9% |
| AMAT Applied Materials Inc. | 0.30% | 14,989 | $3.0M | Reduce -3.5% |
| XJH Ishare ESG SS S&P Midcap ETF | 0.30% | 70,859 | $3.0M | Add +7.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.30% | 10,396 | $2.9M | Reduce -0.8% |
| VGT Vanguard Info Tech ETF | 0.28% | 4,680 | $2.7M | Add +1.8% |
| UNH Unitedhealth Group Inc. | 0.28% | 4,686 | $2.7M | Add +0.4% |
| MDT Medtronic PLC | 0.26% | 28,588 | $2.6M | Add +1.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.24% | 35,703 | $2.4M | Reduce -12.0% |
| AMZN Amazon.com Inc. | 0.22% | 11,712 | $2.2M | Reduce -13.2% |
| JPST JPMorgan Ultra-Short Income | 0.22% | 42,174 | $2.1M | Reduce -8.7% |
| AVUV Avantis US Small Cap Value | 0.21% | 21,748 | $2.1M | Reduce -31.0% |
| JHMM John Hancock Multi Fact Mid | 0.20% | 33,575 | $2.0M | Reduce -7.4% |
| DES Wisdomtree US Smallcap Divid | 0.20% | 58,317 | $2.0M | Reduce -2.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.19% | 7,957 | $1.9M | Reduce -8.5% |
| IDV iShares International Select | 0.19% | 62,398 | $1.9M | Reduce -2.1% |
| EAGG iShares ESG Aware US Aggrega | 0.19% | 38,580 | $1.9M | Add +39.0% |
| JPM JPMorgan Chase & Co. | 0.18% | 8,543 | $1.8M | Reduce -12.8% |
| ABBV Abbvie Inc. | 0.18% | 9,097 | $1.8M | No change |
| INTC Intel Corp. | 0.18% | 74,167 | $1.7M | Reduce -3.9% |
| GOOG Alphabet Inc. Class C | 0.17% | 10,306 | $1.7M | Reduce -11.4% |
| QCOM Qualcomm Inc. | 0.17% | 10,112 | $1.7M | No change |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.17% | 19,467 | $1.7M | Reduce -28.4% |
| JNJ Johnson & Johnson | 0.17% | 10,289 | $1.7M | Reduce -8.8% |
| GOOGL Alphabet Inc. Class A | 0.17% | 10,020 | $1.7M | Reduce -15.0% |
| BBY Best Buy Co. Inc. | 0.17% | 16,000 | $1.7M | Reduce -5.9% |
| MCD McDonald's Corp. | 0.16% | 5,306 | $1.6M | Reduce -0.5% |
| ESGE iShares Inc. iShares ESG Awar | 0.16% | 43,354 | $1.6M | Reduce -38.9% |
| ABT Abbott Laboratories | 0.15% | 13,476 | $1.5M | Reduce -0.7% |
| PWV Invesco Large Cap Value ETF | 0.15% | 26,317 | $1.5M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 2,559 | $1.5M | Add +2.4% |
| NVDA Nvidia Corp. | 0.15% | 11,892 | $1.4M | Reduce -3.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.15% | 14,996 | $1.4M | Reduce -4.5% |
| MOTI Vaneck Mstar Int Moat ETF | 0.14% | 39,870 | $1.4M | Reduce -47.3% |
| MUB iShares National Muni Bond E | 0.13% | 11,498 | $1.2M | No change |
| VSGX Vanguard ESG Intl Stock ETF | 0.12% | 19,938 | $1.2M | Add +0.8% |
| IJT iShares S&P Small-Cap 600 GR | 0.12% | 8,463 | $1.2M | Reduce -5.9% |
| META Meta Platforms Inc. Class A | 0.12% | 2,031 | $1.2M | Reduce -5.8% |
| XOM Exxon Mobil Corp. | 0.11% | 9,697 | $1.1M | Add +0.3% |
| SUSB iShares ESG Aware 1-5 Year U | 0.11% | 43,955 | $1.1M | Reduce -8.3% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.11% | 4,350 | $1.1M | Reduce -8.1% |
| ORCL Oracle Corp. | 0.11% | 6,167 | $1.1M | Reduce -13.4% |
| DEM Wisdomtree Emerging Markets | 0.10% | 23,383 | $1.0M | Reduce -23.5% |
| SCHW Schwab (charles) Corp. | 0.10% | 15,375 | $996K | Reduce -0.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.10% | 12,508 | $976K | Reduce -5.1% |
| KO The Coca-Cola Co. | 0.10% | 13,486 | $969K | Reduce -5.9% |
| XJR Ishr ESG SS S&P Smal-Cap-Usd | 0.10% | 22,834 | $955K | Add +8.9% |
| GIS General Mills Inc. | 0.09% | 12,683 | $937K | Reduce -3.1% |
| JHSC John Hancock Multi Small Cap | 0.09% | 23,286 | $935K | Reduce -13.3% |
| SUSC iShares ESG Aware Usd Corpor | 0.09% | 38,410 | $914K | Add +30.5% |
| CSCO Cisco Systems Inc. | 0.09% | 16,937 | $901K | Reduce -13.0% |
| NVS Novartis AG-Sponsored ADR | 0.09% | 7,727 | $889K | Reduce -8.6% |
| JHEM John Hancock Multi Em MRK Et | 0.09% | 30,901 | $884K | Reduce -9.6% |
| NKE Nike Inc. Class B | 0.09% | 9,914 | $876K | Add +288.8% |
| IVW iShares S&P 500 Growth ETF | 0.09% | 9,136 | $875K | Reduce -3.2% |
| INFL Horizon Kinetics Infl Benef | 0.09% | 23,241 | $874K | Reduce -68.1% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.09% | 17,071 | $870K | Add +0.0% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $168 (not counted above)
Total filed on the 13F, all lines: $992.9M.
Portfolio Sells Q2 2024 → Q3 2024
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -19.1% | 3.91% | −0.84 |
| SCHD Schwab US DVD Equity ETF | Reduce -26.5% | 2.42% | −0.75 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -16.4% | 2.26% | −0.39 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -26.5% | 1.08% | −0.33 |
| AVEM Avantis Emerging Markets Eq | Reduce -32.9% | 0.65% | −0.31 |
| GLDM SPDR Gold Minishares Trust | Reduce -26.8% | 0.66% | −0.18 |
| INFL Horizon Kinetics Infl Benef | Reduce -68.1% | 0.09% | −0.16 |
| MSFT Microsoft Corp. | Reduce -2.2% | 1.13% | −0.13 |
| VIG Vanguard Dividend Apprec ETF | Reduce -8.0% | 2.53% | −0.13 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -3.9% | 2.13% | −0.11 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -27.9% | 0.33% | −0.11 |
| MOTI Vaneck Mstar Int Moat ETF | Reduce -47.3% | 0.14% | −0.11 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -10.6% | 0.69% | −0.10 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -38.9% | 0.16% | −0.09 |
| AVUV Avantis US Small Cap Value | Reduce -31.0% | 0.21% | −0.09 |
| DON Wisdomtree US Midcap Dividen | Reduce -21.9% | 0.38% | −0.09 |
| IVLU iShares MSCI International V | Reduce -9.4% | 1.11% | −0.08 |
| AMAT Applied Materials Inc. | Reduce -3.5% | 0.30% | −0.08 |
| DFEM Dimensional Emrg MRKT Core | Reduce -15.5% | 0.45% | −0.08 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -6.6% | 1.05% | −0.08 |
| INTC Intel Corp. | Reduce -3.9% | 0.18% | −0.08 |
| BSV Vanguard Short-Term Bond ETF | Reduce -75.7% | 0.02% | −0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -15.0% | 0.17% | −0.06 |
| AMZN Amazon.com Inc. | Reduce -13.2% | 0.22% | −0.06 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -28.4% | 0.17% | −0.05 |
| GOOG Alphabet Inc. Class C | Reduce -11.4% | 0.17% | −0.05 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -69.1% | 0.02% | −0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -8.8% | 0.73% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -47.8% | 0.03% | −0.04 |
| DEM Wisdomtree Emerging Markets | Reduce -23.5% | 0.10% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -30.1% | 0.07% | −0.03 |
| ESGV Vanguard ESG US Stock ETF | Reduce -32.9% | 0.07% | −0.03 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -12.0% | 0.24% | −0.03 |
| JPST JPMorgan Ultra-Short Income | Reduce -8.7% | 0.22% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -12.8% | 0.18% | −0.03 |
| K Kellanova | Sold out | 0.00% | −0.03 |
| V Visa Inc. Class A | Reduce -30.2% | 0.06% | −0.02 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -3.7% | 0.43% | −0.02 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -6.2% | 0.82% | −0.02 |
| SCHW Schwab (charles) Corp. | Reduce -0.7% | 0.10% | −0.02 |
| DIS The Walt Disney Co. | Reduce -4.5% | 0.15% | −0.02 |
| AXP American Express Co. | Reduce -78.8% | 0.01% | −0.02 |
| RAFE PIMCO Rafi ESG US ETF | Reduce -21.6% | 0.07% | −0.02 |
| IAU iShares Gold Trust | Reduce -9.3% | 0.85% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -19.0% | 0.08% | −0.02 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -4.1% | 0.43% | −0.02 |
| NVDA Nvidia Corp. | Reduce -3.5% | 0.15% | −0.02 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -8.8% | 0.45% | −0.01 |
| SAP Sap SE-Sponsored ADR | Reduce -96.7% | 0.00% | −0.01 |
| SUSA iShares ESG Optimized MSCI U | Reduce -15.5% | 0.08% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| IVV iShares Core S&P 500 ETF | Add +14.1% | 14.47% | +1.87 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +11.2% | 8.57% | +1.03 |
| SPEM State Street SP PTF Em ETF | Add +13.9% | 4.56% | +0.73 |
| MOAT Vaneck Morningstar Wide Moat | Add +0.2% | 7.96% | +0.53 |
| ESGD iShares Trust iShares ESG Aw | Add +27.6% | 0.56% | +0.13 |
| VEA Vanguard Ftse Developed ETF | Add +3.9% | 2.01% | +0.11 |
| XVV iShares ESG Select Screened | Add +38.8% | 0.36% | +0.10 |
| VWO Vanguard Ftse Emerging Marke | Add +0.9% | 1.43% | +0.07 |
| NKE Nike Inc. Class B | Add +288.8% | 0.09% | +0.07 |
| EAGG iShares ESG Aware US Aggrega | Add +39.0% | 0.19% | +0.05 |
| BNDX Vanguard Total Intl Bond ETF | Add +10.4% | 0.41% | +0.03 |
| PRF Invesco Rafi US 1000 ETF | Add +0.4% | 1.17% | +0.03 |
| XJH Ishare ESG SS S&P Midcap ETF | Add +7.2% | 0.30% | +0.03 |
| MDT Medtronic PLC | Add +1.7% | 0.26% | +0.03 |
| UNH Unitedhealth Group Inc. | Add +0.4% | 0.28% | +0.03 |
| SUSC iShares ESG Aware Usd Corpor | Add +30.5% | 0.09% | +0.02 |
| PSO Pearson PLC-Sponsored ADR | Add +44.5% | 0.04% | +0.01 |
| XEL Xcel Energy Inc. | Add +63.4% | 0.03% | +0.01 |
| XJR Ishr ESG SS S&P Smal-Cap-Usd | Add +8.9% | 0.10% | +0.01 |
| FSLR First Solar Inc. | Add +6.0% | 0.08% | +0.01 |
| CEF Sprott Physical Gold and Sil | Add +812.8% | 0.01% | +0.01 |
| PHYS Sprott Physical Gold Trust | Add +749.0% | 0.01% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +10.6% | 0.06% | +0.01 |
| SMOG Vaneck Low Carbon Energy ETF | Add +11.7% | 0.03% | +0.01 |
| TT Trane Technologies PLC | Add +71.4% | 0.01% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.4% | 0.15% | +0.00 |
| PHM Pultegroup Inc. | New | 0.00% | +0.00 |
| VSGX Vanguard ESG Intl Stock ETF | Add +0.8% | 0.12% | +0.00 |
| RTX RTX Corp. | Add +7.4% | 0.02% | +0.00 |
| ALG Alamo Group Inc. | New | 0.00% | +0.00 |
| SDY SS SPDR S&P Dividend ETF | New | 0.00% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.2% | 2.85% | +0.00 |
| LNT Alliant Energy Corp. | New | 0.00% | +0.00 |
| T AT&T Inc. | Add +18.1% | 0.01% | +0.00 |
| LOW Lowe's Cos Inc. | Add +555.6% | 0.00% | +0.00 |
| GH Guardant Health Inc. | New | 0.00% | +0.00 |
| ETHE Grayscale Ethereum Staking E | New | 0.00% | +0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +2.1% | 0.04% | +0.00 |
| MINT PIMCO Enhanced Short Maturit | Add +9.4% | 0.05% | +0.00 |
| SCHB Schwab US Broad Market ETF | Add +82.4% | 0.00% | +0.00 |
| SCHG Schwab US Large-Cap Growth | Add +24.3% | 0.01% | +0.00 |
| SW Smurfit Westrock PLC | New | 0.00% | +0.00 |
| RSPT Invesco S&P 500 Equal Weight | New | 0.00% | +0.00 |
| PEP Pepsico Inc. | Add +3.5% | 0.07% | +0.00 |
| SCHA Schwab US Small-Cap ETF | New | 0.00% | +0.00 |
| TRMB Trimble Inc. | New | 0.00% | +0.00 |
| ALAR Alarum Technologies Ltd.-ADR | New | 0.00% | +0.00 |
| XMMO Invesco S&P Midcap Momentum | New | 0.00% | +0.00 |
| TXN Texas Instruments Inc. | Add +4.3% | 0.02% | +0.00 |
| B Barrick Gold Corp. | Add +0.1% | 0.01% | +0.00 |
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 |