Johnson Financial Group, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Johnson Financial Group, Inc. reported 1,060 stock positions worth $2.7 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 31.3% of the portfolio, followed by iShares Russell 1000 Growth (IWF, 7.5%) and iShares Core MSCI Eafe ETF (IEFA, 5.3%). Compared with Q2 2025, it opened 387 new positions, sold out of 39, added to 386 and reduced 179. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +16%) and the biggest sale Vanguard High DVD Yield ETF (VYM, shares −20%).
- Most Recent 13F
- Q2 2026
- Location
- RACINE, WI
- CIK
- 0001477024
- Portfolio Value
- $2.7B (Q3 2025)
- SEC Filing
- 0000892712-25-000153 ↗ filed Nov 13, 2025
Holdings Value
Holdings 1,060 stocks · $2.7B
| IVV iShares Core S&P 500 ETF | 31.28% | 1,245,615 | $833.7M | Add +15.7% |
| IWF iShares Russell 1000 Growth | 7.53% | 428,413 | $200.7M | Add +9.3% |
| IEFA iShares Core MSCI Eafe ETF | 5.28% | 1,611,347 | $140.7M | Add +9.6% |
| XLG Invesco S&P 500 Top 50 ETF | 4.42% | 2,045,865 | $117.7M | Add +17.5% |
| IEI iShares 3-7 Year Treasury Bo | 2.66% | 593,389 | $70.9M | Add +7.6% |
| JOUT Johnson Outdoors Inc. Class A | 2.58% | 1,700,195 | $68.7M | No change |
| AAPL Apple Inc. | 2.14% | 223,820 | $57.0M | Add +7.2% |
| MSFT Microsoft Corp. | 2.02% | 104,131 | $53.9M | Add +3.3% |
| ACWX iShares MSCI Acwi Ex US ETF | 1.78% | 729,551 | $47.4M | Add +14.1% |
| IXUS iShares Core Intl Stock ETF | 1.54% | 498,358 | $41.2M | Add +8.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.43% | 57,226 | $38.2M | Add +3.5% |
| IEMG iShares Core MSCI Emerging | 1.28% | 516,762 | $34.1M | Add +12.1% |
| NVDA Nvidia Corp. | 1.06% | 151,071 | $28.2M | Add +13.9% |
| IJH iShares Core S&P Midcap ETF | 1.02% | 416,066 | $27.2M | Add +1.8% |
| GOOG Alphabet Inc. Class C | 0.96% | 105,043 | $25.6M | Reduce -3.1% |
| JCPB JPMorgan Core Plus Bond ETF | 0.85% | 477,932 | $22.7M | Add +12.7% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.84% | 460,948 | $22.5M | Add +12.5% |
| MBB iShares MBS ETF | 0.80% | 223,784 | $21.3M | Add +11.5% |
| IWB iShares Russell 1000 ETF | 0.72% | 52,706 | $19.3M | Add +2.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.70% | 56,397 | $18.6M | Add +3.1% |
| JPM JPMorgan Chase & Co. | 0.64% | 53,954 | $17.0M | Reduce -8.9% |
| META Meta Platforms Inc. Class A | 0.61% | 22,197 | $16.3M | Add +3.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.60% | 31,766 | $16.0M | Add +4.8% |
| AVGO Broadcom Inc. | 0.51% | 41,305 | $13.6M | Add +10.7% |
| AMZN Amazon.com Inc. | 0.51% | 61,421 | $13.5M | Add +9.6% |
| IWD iShares Russell 1000 Value E | 0.49% | 64,740 | $13.2M | Reduce -8.7% |
| XOM Exxon Mobil Corp. | 0.49% | 115,980 | $13.1M | Reduce -2.2% |
| PG The Procter & Gamble Co. | 0.45% | 77,521 | $11.9M | Reduce -6.1% |
| VYM Vanguard High DVD Yield ETF | 0.44% | 83,042 | $11.7M | Reduce -20.3% |
| GVI iShares Intermediate Governm | 0.43% | 107,914 | $11.6M | Add +2.9% |
| JNJ Johnson & Johnson | 0.43% | 62,436 | $11.6M | Reduce -0.4% |
| VNQ Vanguard Real Estate ETF | 0.43% | 123,966 | $11.3M | Reduce -2.2% |
| V Visa Inc. Class A | 0.42% | 33,045 | $11.3M | Add +8.3% |
| MO Altria Group Inc. | 0.41% | 162,571 | $10.9M | Reduce -6.8% |
| ABBV Abbvie Inc. | 0.38% | 44,301 | $10.3M | Reduce -1.7% |
| MCO Moody's Corp. | 0.38% | 21,233 | $10.1M | Add +37816.1% |
| CSCO Cisco Systems Inc. | 0.34% | 132,963 | $9.1M | Reduce -2.6% |
| EFV iShares MSCI Eafe Value ETF | 0.33% | 129,427 | $8.8M | Add +40.3% |
| SNA Snap-on Inc. | 0.33% | 25,332 | $8.8M | Add +4066.4% |
| LRCX Lam Research Corp. | 0.32% | 62,792 | $8.4M | Add +2.0% |
| ABT Abbott Laboratories | 0.30% | 58,764 | $7.9M | Add +7.0% |
| GOOGL Alphabet Inc. Class A | 0.29% | 31,723 | $7.7M | Add +13.0% |
| PGR Progressive Corp. | 0.28% | 30,371 | $7.5M | Add +0.1% |
| APH Amphenol Corp. Class A | 0.27% | 58,202 | $7.2M | Add +21.5% |
| WMT Walmart Inc. | 0.26% | 67,612 | $7.0M | Reduce -12.8% |
| JPST JPMorgan Ultra-Short Income | 0.26% | 136,290 | $6.9M | Add +14.8% |
| CAT Caterpillar Inc. | 0.26% | 14,489 | $6.9M | Add +8.8% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.26% | 54,328 | $6.8M | Reduce -8.1% |
| IWP iShares Russell Mid-Cap Grow | 0.25% | 46,403 | $6.6M | Add +29.7% |
| EFG iShares MSCI Eafe Growth ETF | 0.25% | 57,930 | $6.6M | Add +154.6% |
| AGG iShares Core U.S. Aggregate | 0.25% | 65,178 | $6.5M | Reduce -2.0% |
| LMT Lockheed Martin Corp. | 0.24% | 12,951 | $6.5M | Add +0.4% |
| IJR iShares Core S&P Small-Cap E | 0.23% | 52,378 | $6.2M | Reduce -10.5% |
| IWR iShares Russell Mid-Cap ETF | 0.22% | 62,076 | $6.0M | Add +16.8% |
| HD Home Depot Inc. | 0.22% | 14,771 | $6.0M | Add +2.7% |
| LLY Eli Lilly & Co. | 0.22% | 7,676 | $5.9M | Add +9.7% |
| DHI D.R. Horton Inc. | 0.22% | 34,184 | $5.8M | Add +1.5% |
| OBDC Blue Owl Capital Corp. | 0.21% | 430,540 | $5.7M | Reduce -13.9% |
| ACN Accenture PLC Class A | 0.21% | 22,530 | $5.6M | Add +7.3% |
| WEC WEC Energy Group Inc. | 0.21% | 48,171 | $5.5M | Add +35.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.20% | 30,516 | $5.4M | Reduce -14.2% |
| EFA iShares MSCI Eafe ETF | 0.20% | 56,364 | $5.3M | Reduce -12.2% |
| VWO Vanguard Ftse Emerging Marke | 0.20% | 96,967 | $5.3M | Reduce -9.8% |
| IGF iShares Global Infrastructur | 0.20% | 85,646 | $5.2M | Reduce -3.0% |
| GRMN Garmin Ltd. | 0.19% | 20,990 | $5.2M | Reduce -9.3% |
| EXC Exelon Corp. | 0.19% | 114,730 | $5.2M | Add +1.1% |
| ADBE Adobe Inc. | 0.19% | 14,480 | $5.1M | Add +38.7% |
| VZ Verizon Communications Inc. | 0.19% | 112,824 | $5.0M | Reduce -10.7% |
| MUB iShares National Muni Bond E | 0.18% | 45,767 | $4.9M | Reduce -36.9% |
| EXPD Expeditors Intl Wash Inc. | 0.18% | 39,268 | $4.8M | Reduce -1.1% |
| MCD McDonald's Corp. | 0.18% | 15,725 | $4.8M | Reduce -11.9% |
| GM General Motors Co. | 0.18% | 78,036 | $4.8M | Reduce -2.8% |
| NFLX Netflix Inc. | 0.17% | 3,851 | $4.6M | Add +437.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.17% | 17,754 | $4.5M | Reduce -16.6% |
| UNH Unitedhealth Group Inc. | 0.16% | 12,592 | $4.3M | Reduce -27.2% |
| COF Capital One Financial Corp. | 0.16% | 19,852 | $4.2M | Add +4.0% |
| LIN Linde PLC | 0.15% | 8,263 | $3.9M | Reduce -0.1% |
| PEP Pepsico Inc. | 0.15% | 27,919 | $3.9M | Add +6.3% |
| ELV Elevance Health Inc. | 0.15% | 12,087 | $3.9M | Add +285.1% |
| CVX Chevron Corp. | 0.14% | 24,868 | $3.9M | Add +16.0% |
| ORLY O'reilly Automotive Inc. | 0.14% | 35,139 | $3.8M | Reduce -7.8% |
| FTNT Fortinet Inc. | 0.14% | 44,813 | $3.8M | Add +1.9% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 16,752 | $3.6M | Add +8.5% |
| WFC Wells Fargo & Co. | 0.13% | 42,332 | $3.5M | Add +22.9% |
| USB US Bancorp | 0.13% | 72,002 | $3.5M | Add +1.8% |
| XRNPX Cohen & Steers REIT and Pref | 0.13% | 155,793 | $3.5M | No change |
| HON Honeywell International Inc. | 0.13% | 16,469 | $3.5M | Add +15.4% |
| PCAR Paccar Inc. | 0.12% | 33,609 | $3.3M | Add +25.9% |
| MRK Merck & Co. Inc. | 0.12% | 38,709 | $3.3M | Reduce -0.1% |
| ORCL Oracle Corp. | 0.12% | 11,605 | $3.3M | Add +16.4% |
| T AT&T Inc. | 0.12% | 115,152 | $3.3M | Reduce -10.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.12% | 33,885 | $3.2M | Add +11.3% |
| MA Mastercard Inc. Class A | 0.12% | 5,640 | $3.2M | Add +93.3% |
| COST Costco Wholesale Corp. | 0.12% | 3,417 | $3.2M | Add +6.9% |
| TXN Texas Instruments Inc. | 0.11% | 16,578 | $3.0M | Add +51.1% |
| PFE Pfizer Inc. | 0.11% | 118,145 | $3.0M | Reduce -2.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.11% | 16,018 | $3.0M | Reduce -1.3% |
| EOG EOG Resources Inc. | 0.11% | 26,765 | $3.0M | Add +23.2% |
| CB Chubb Ltd. | 0.11% | 10,529 | $3.0M | Add +1.9% |
| XLK SS Technology Select Sector | 0.11% | 10,489 | $3.0M | Reduce -3.4% |
Lines left out (4) · $48 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| COLD Americold Realty Trust Inc. | COM | 0 | $17 |
| FMC FMC Corp. | COM NEW | 0 | $17 |
| XRAY Dentsply Sirona Inc. | COM | 0 | $12 |
| BRKR Bruker Corp. | COM | 0 | $2 |
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: $2.7B.
Portfolio Sells Q2 2025 → Q3 2025
| VYM Vanguard High DVD Yield ETF | Reduce -20.3% | 0.44% | −0.19 |
| MUB iShares National Muni Bond E | Reduce -36.9% | 0.18% | −0.16 |
| PG The Procter & Gamble Co. | Reduce -6.1% | 0.45% | −0.14 |
| JPM JPMorgan Chase & Co. | Reduce -8.9% | 0.64% | −0.13 |
| IWD iShares Russell 1000 Value E | Reduce -8.7% | 0.49% | −0.13 |
| OBDC Blue Owl Capital Corp. | Reduce -13.9% | 0.21% | −0.12 |
| SNPS Synopsys Inc. | Reduce -78.9% | 0.02% | −0.10 |
| CMCSA Comcast Corp. Class A | Reduce -56.7% | 0.04% | −0.09 |
| CSCO Cisco Systems Inc. | Reduce -2.6% | 0.34% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -2.2% | 0.49% | −0.08 |
| VNQ Vanguard Real Estate ETF | Reduce -2.2% | 0.43% | −0.08 |
| WMT Walmart Inc. | Reduce -12.8% | 0.26% | −0.08 |
| UNH Unitedhealth Group Inc. | Reduce -27.2% | 0.16% | −0.08 |
| NUE Nucor Corp. | Reduce -71.8% | 0.02% | −0.07 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -14.2% | 0.20% | −0.06 |
| EFA iShares MSCI Eafe ETF | Reduce -12.2% | 0.20% | −0.06 |
| VZ Verizon Communications Inc. | Reduce -10.7% | 0.19% | −0.06 |
| MO Altria Group Inc. | Reduce -6.8% | 0.41% | −0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -16.6% | 0.17% | −0.06 |
| MCD McDonald's Corp. | Reduce -11.9% | 0.18% | −0.06 |
| IJR iShares Core S&P Small-Cap E | Reduce -10.5% | 0.23% | −0.05 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -8.1% | 0.26% | −0.05 |
| AGG iShares Core U.S. Aggregate | Reduce -2.0% | 0.25% | −0.05 |
| HSIC Henry Schein Inc. | Reduce -91.8% | 0.00% | −0.05 |
| EDIV State Street SPDR S&P Emergi | Reduce -69.3% | 0.02% | −0.05 |
| NRG NRG Energy Inc. | Reduce -29.2% | 0.07% | −0.04 |
| T AT&T Inc. | Reduce -10.0% | 0.12% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -9.8% | 0.20% | −0.04 |
| IGF iShares Global Infrastructur | Reduce -3.0% | 0.20% | −0.04 |
| MDT Medtronic PLC | Reduce -23.5% | 0.09% | −0.04 |
| GILD Gilead Sciences Inc. | Reduce -17.0% | 0.08% | −0.03 |
| PSA Public Storage | Reduce -11.6% | 0.09% | −0.03 |
| ADP Automatic Data Processing | Reduce -2.7% | 0.10% | −0.03 |
| VLO Valero Energy Corp. | Reduce -86.8% | 0.00% | −0.03 |
| LIN Linde PLC | Reduce -0.1% | 0.15% | −0.03 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -24.6% | 0.05% | −0.03 |
| MPC Marathon Petroleum Corp. | Reduce -90.3% | 0.00% | −0.02 |
| EXPD Expeditors Intl Wash Inc. | Reduce -1.1% | 0.18% | −0.02 |
| GRMN Garmin Ltd. | Reduce -9.3% | 0.19% | −0.02 |
| MMM 3M Co. | Reduce -11.1% | 0.07% | −0.02 |
| VICI Vici Properties Inc. | Reduce -3.0% | 0.09% | −0.02 |
| ODFL Old Dominion Freight Line | Reduce -2.0% | 0.05% | −0.02 |
| PFE Pfizer Inc. | Reduce -2.8% | 0.11% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -2.8% | 0.05% | −0.02 |
| SO The Southern Co. | Reduce -12.8% | 0.06% | −0.02 |
| DKS Dick's Sporting Goods Inc. | Reduce -43.8% | 0.02% | −0.02 |
| CDNS Cadence Design SYS Inc. | Reduce -11.1% | 0.09% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.3% | 0.11% | −0.02 |
| KR Kroger Co. | Reduce -13.7% | 0.04% | −0.02 |
| RF Regions Financial Corp. | Reduce -16.4% | 0.06% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| IVV iShares Core S&P 500 ETF | Add +15.7% | 31.28% | +1.19 |
| MCO Moody's Corp. | Add +37816.1% | 0.38% | +0.38 |
| XLG Invesco S&P 500 Top 50 ETF | Add +17.5% | 4.42% | +0.33 |
| SNA Snap-on Inc. | Add +4066.4% | 0.33% | +0.32 |
| AAPL Apple Inc. | Add +7.2% | 2.14% | +0.21 |
| EFG iShares MSCI Eafe Growth ETF | Add +154.6% | 0.25% | +0.13 |
| NFLX Netflix Inc. | Add +437.9% | 0.17% | +0.13 |
| NVDA Nvidia Corp. | Add +13.9% | 1.06% | +0.11 |
| SPOT Spotify Technology SA | New | 0.10% | +0.10 |
| ELV Elevance Health Inc. | Add +285.1% | 0.15% | +0.09 |
| NEM Newmont Corp. | Add +681.5% | 0.09% | +0.08 |
| GOOGL Alphabet Inc. Class A | Add +13.0% | 0.29% | +0.07 |
| EFV iShares MSCI Eafe Value ETF | Add +40.3% | 0.33% | +0.07 |
| AMAT Applied Materials Inc. | Add +156.7% | 0.11% | +0.06 |
| ICE Intercontinental Exchange Inc. | Add +1453.2% | 0.07% | +0.06 |
| APH Amphenol Corp. Class A | Add +21.5% | 0.27% | +0.06 |
| KLAC KLA Corp. | Add +174.4% | 0.09% | +0.06 |
| AVGO Broadcom Inc. | Add +10.7% | 0.51% | +0.05 |
| MA Mastercard Inc. Class A | Add +93.3% | 0.12% | +0.05 |
| ETN Eaton Corp. PLC | Add +316.0% | 0.06% | +0.05 |
| LRCX Lam Research Corp. | Add +2.0% | 0.32% | +0.05 |
| WEC WEC Energy Group Inc. | Add +35.3% | 0.21% | +0.04 |
| IWF iShares Russell 1000 Growth | Add +9.3% | 7.53% | +0.04 |
| NIC Nicolet Bankshares Inc. | New | 0.04% | +0.04 |
| LOW Lowe's Cos Inc. | Add +120.5% | 0.07% | +0.04 |
| J Jacobs Solutions Inc. | Add +1945.1% | 0.04% | +0.04 |
| TEL Te Connectivity PLC | Add +308.8% | 0.05% | +0.04 |
| GE General Electric | Add +257.9% | 0.05% | +0.04 |
| SYK Stryker Corp. | Add +370.5% | 0.05% | +0.03 |
| IEMG iShares Core MSCI Emerging | Add +12.1% | 1.28% | +0.03 |
| AJG Arthur J Gallagher & Co. | Add +1125.4% | 0.04% | +0.03 |
| RTX RTX Corp. | Add +209.4% | 0.05% | +0.03 |
| VMC Vulcan Materials Co. | Add +1798.0% | 0.03% | +0.03 |
| ADI Analog Devices Inc. | Add +381.6% | 0.04% | +0.03 |
| NDAQ Nasdaq Inc. | Add +1856.5% | 0.03% | +0.03 |
| CAT Caterpillar Inc. | Add +8.8% | 0.26% | +0.03 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +14.1% | 1.78% | +0.03 |
| IWP iShares Russell Mid-Cap Grow | Add +29.7% | 0.25% | +0.02 |
| JMTG Mortgage-Backed Securities | Add +15735.8% | 0.02% | +0.02 |
| ORCL Oracle Corp. | Add +16.4% | 0.12% | +0.02 |
| EMR Emerson Electric Co. | Add +119.4% | 0.05% | +0.02 |
| DHI D.R. Horton Inc. | Add +1.5% | 0.22% | +0.02 |
| LH Labcorp Holdings Inc. | Add +4711.6% | 0.02% | +0.02 |
| COP Conocophillips | Add +449.0% | 0.03% | +0.02 |
| INTC Intel Corp. | Add +47.7% | 0.04% | +0.02 |
| SCHW Schwab (charles) Corp. | Add +71.0% | 0.06% | +0.02 |
| UPS United Parcel Service Class B | Add +665.9% | 0.02% | +0.02 |
| CTRA Coterra Energy Inc. | Add +544.1% | 0.02% | +0.02 |
| GEV GE Vernova Inc. | Add +751.0% | 0.02% | +0.02 |
| KKR KKR & Co. Inc. | Add +784.6% | 0.02% | +0.02 |
Notes & Other Activity Q2 2025 → Q3 2025
| COLD Americold Realty Trust Inc. | COM | New | 0 | $17 |
| FMC FMC Corp. | COM NEW | New | 0 | $17 |
| XRAY Dentsply Sirona Inc. | COM | New | 0 | $12 |
| BRKR Bruker Corp. | COM | New | 0 | $2 |
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 | 814 | $3.0B | IVV, IEFA, IUSB, XLG, IWF |
| Q1 2026 | 888 | $2.8B | IVV, IUSB, IWF, IEFA, XLG |
| Q4 2025 | 918 | $2.7B | IVV, IWF, IEFA, XLG, JOUT |
| Q3 2025 | 1,060 | $2.7B | IVV, IWF, IEFA, XLG, IEI |
| Q2 2025 | 711 | $2.2B | IVV, IWF, IEFA, XLG, IEI |
| Q1 2025 | 845 | $2.0B | IVV, IWF, IEFA, XLG, IEI |
| Q4 2024 | 832 | $2.1B | IVV, IWF, IEFA, XLG, IEI |
| Q3 2024 | 909 | $2.2B | IVV, IWF, IEI, IEFA, XLG |
| Q2 2024 | 819 | $2.1B | IVV, IWF, IEI, IEFA, XLG |
| Q1 2024 | 765 | $1.9B | IVV, IWF, IEI, IEFA, JOUT |