Johnson Financial Group, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Johnson Financial Group, Inc. reported 918 stock positions worth $2.7 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 31.9% of the portfolio, followed by iShares Russell 1000 Growth (IWF, 7.3%) and iShares Core MSCI Eafe ETF (IEFA, 6.1%). Compared with Q3 2025, it opened 65 new positions, sold out of 206, added to 157 and reduced 488. The biggest buy was iShares Core MSCI Eafe ETF (IEFA, shares +12%) and the biggest sale iShares Russell 1000 Growth (IWF, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- RACINE, WI
- CIK
- 0001477024
- Portfolio Value
- $2.7B (Q4 2025)
- SEC Filing
- 0000892712-26-000082 ↗ filed Feb 12, 2026
Holdings Value
Holdings 918 stocks · $2.7B
| IVV iShares Core S&P 500 ETF | 31.93% | 1,245,586 | $853.2M | Reduce 0.0% |
| IWF iShares Russell 1000 Growth | 7.26% | 409,922 | $194.0M | Reduce -4.3% |
| IEFA iShares Core MSCI Eafe ETF | 6.07% | 1,811,291 | $162.0M | Add +12.4% |
| XLG Invesco S&P 500 Top 50 ETF | 4.48% | 2,017,792 | $119.6M | Reduce -1.4% |
| JOUT Johnson Outdoors Inc. Class A | 2.70% | 1,700,195 | $72.2M | No change |
| IEI iShares 3-7 Year Treasury Bo | 2.66% | 594,344 | $70.9M | Add +0.2% |
| AAPL Apple Inc. | 2.16% | 212,205 | $57.7M | Reduce -5.2% |
| ACWX iShares MSCI Acwi Ex US ETF | 1.81% | 718,986 | $48.3M | Reduce -1.4% |
| MSFT Microsoft Corp. | 1.77% | 97,514 | $47.2M | Reduce -6.3% |
| IXUS iShares Core Intl Stock ETF | 1.54% | 485,529 | $41.1M | Reduce -2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.50% | 58,745 | $40.2M | Add +2.6% |
| IEMG iShares Core MSCI Emerging | 1.21% | 480,929 | $32.3M | Reduce -6.9% |
| NVDA Nvidia Corp. | 1.17% | 168,082 | $31.3M | Add +11.3% |
| GOOG Alphabet Inc. Class C | 1.11% | 94,719 | $29.7M | Reduce -9.8% |
| IJH iShares Core S&P Midcap ETF | 1.07% | 431,722 | $28.5M | Add +3.8% |
| JCPB JPMorgan Core Plus Bond ETF | 0.95% | 532,617 | $25.3M | Add +11.4% |
| ISTB iShares Core 1-5 Year Usd Bo | 0.94% | 516,266 | $25.2M | Add +12.0% |
| MBB iShares MBS ETF | 0.83% | 233,937 | $22.3M | Add +4.5% |
| IWB iShares Russell 1000 ETF | 0.75% | 53,794 | $20.1M | Add +2.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.71% | 56,214 | $18.8M | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.60% | 31,804 | $16.0M | Add +0.1% |
| META Meta Platforms Inc. Class A | 0.55% | 22,172 | $14.6M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 0.53% | 61,633 | $14.2M | Add +0.3% |
| XOM Exxon Mobil Corp. | 0.51% | 113,030 | $13.6M | Reduce -2.5% |
| IWD iShares Russell 1000 Value E | 0.51% | 64,295 | $13.5M | Reduce -0.7% |
| JNJ Johnson & Johnson | 0.46% | 59,440 | $12.3M | Reduce -4.8% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.46% | 95,412 | $12.3M | Add +75.6% |
| JPM JPMorgan Chase & Co. | 0.44% | 36,575 | $11.8M | Reduce -32.2% |
| V Visa Inc. Class A | 0.42% | 31,821 | $11.2M | Reduce -3.7% |
| AVGO Broadcom Inc. | 0.41% | 31,522 | $10.9M | Reduce -23.7% |
| VNQ Vanguard Real Estate ETF | 0.40% | 119,909 | $10.6M | Reduce -3.3% |
| GVI iShares Intermediate Governm | 0.39% | 96,559 | $10.4M | Reduce -10.5% |
| VYM Vanguard High DVD Yield ETF | 0.38% | 71,502 | $10.3M | Reduce -13.9% |
| GOOGL Alphabet Inc. Class A | 0.38% | 32,212 | $10.1M | Add +1.5% |
| LRCX Lam Research Corp. | 0.36% | 56,450 | $9.7M | Reduce -10.1% |
| MO Altria Group Inc. | 0.35% | 161,549 | $9.5M | Reduce -0.6% |
| EFV iShares MSCI Eafe Value ETF | 0.35% | 130,357 | $9.3M | Add +0.7% |
| PG The Procter & Gamble Co. | 0.35% | 64,826 | $9.3M | Reduce -16.4% |
| MCO Moody's Corp. | 0.33% | 17,413 | $8.9M | Reduce -18.0% |
| CSCO Cisco Systems Inc. | 0.33% | 115,163 | $8.9M | Reduce -13.4% |
| SNA Snap-on Inc. | 0.33% | 25,265 | $8.7M | Reduce -0.3% |
| ABBV Abbvie Inc. | 0.32% | 37,181 | $8.5M | Reduce -16.1% |
| CAT Caterpillar Inc. | 0.30% | 13,986 | $8.0M | Reduce -3.5% |
| LLY Eli Lilly & Co. | 0.30% | 7,418 | $8.0M | Reduce -3.4% |
| JPST JPMorgan Ultra-Short Income | 0.29% | 152,552 | $7.7M | Add +11.9% |
| ABT Abbott Laboratories | 0.26% | 56,289 | $7.1M | Reduce -4.2% |
| APH Amphenol Corp. Class A | 0.25% | 49,517 | $6.7M | Reduce -14.9% |
| AGG iShares Core U.S. Aggregate | 0.25% | 67,023 | $6.7M | Add +2.8% |
| PGR Progressive Corp. | 0.25% | 29,226 | $6.7M | Reduce -3.8% |
| LMT Lockheed Martin Corp. | 0.24% | 13,394 | $6.5M | Add +3.4% |
| IWP iShares Russell Mid-Cap Grow | 0.24% | 46,446 | $6.4M | Add +0.1% |
| IJR iShares Core S&P Small-Cap E | 0.24% | 52,552 | $6.3M | Add +0.3% |
| GM General Motors Co. | 0.23% | 74,451 | $6.1M | Reduce -4.6% |
| EFG iShares MSCI Eafe Growth ETF | 0.23% | 53,062 | $6.0M | Reduce -8.4% |
| EXPD Expeditors Intl Wash Inc. | 0.22% | 40,141 | $6.0M | Add +2.2% |
| EFA iShares MSCI Eafe ETF | 0.22% | 60,736 | $5.8M | Add +7.8% |
| IGF iShares Global Infrastructur | 0.22% | 94,648 | $5.8M | Add +10.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.20% | 30,768 | $5.5M | Add +0.8% |
| ACN Accenture PLC Class A | 0.20% | 20,279 | $5.4M | Reduce -10.0% |
| VZ Verizon Communications Inc. | 0.20% | 133,213 | $5.4M | Add +18.1% |
| IWR iShares Russell Mid-Cap ETF | 0.20% | 55,609 | $5.4M | Reduce -10.4% |
| WMT Walmart Inc. | 0.20% | 47,710 | $5.3M | Reduce -29.4% |
| ELV Elevance Health Inc. | 0.19% | 14,727 | $5.2M | Add +21.8% |
| VWO Vanguard Ftse Emerging Marke | 0.19% | 95,937 | $5.2M | Reduce -1.1% |
| COF Capital One Financial Corp. | 0.19% | 21,165 | $5.1M | Add +6.6% |
| OBDC Blue Owl Capital Corp. | 0.19% | 398,390 | $5.1M | Reduce -7.5% |
| DHI D.R. Horton Inc. | 0.19% | 34,620 | $5.0M | Add +1.3% |
| MCD McDonald's Corp. | 0.18% | 15,879 | $4.9M | Add +1.0% |
| UNH Unitedhealth Group Inc. | 0.18% | 14,700 | $4.9M | Add +16.7% |
| HD Home Depot Inc. | 0.18% | 14,076 | $4.8M | Reduce -4.7% |
| EXC Exelon Corp. | 0.18% | 111,010 | $4.8M | Reduce -3.2% |
| MUB iShares National Muni Bond E | 0.18% | 45,119 | $4.8M | Reduce -1.4% |
| ADBE Adobe Inc. | 0.17% | 13,107 | $4.6M | Reduce -9.5% |
| GRMN Garmin Ltd. | 0.16% | 21,222 | $4.3M | Add +1.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.16% | 16,620 | $4.3M | Reduce -6.4% |
| AMAT Applied Materials Inc. | 0.15% | 15,738 | $4.0M | Add +11.4% |
| PCAR Paccar Inc. | 0.15% | 36,398 | $4.0M | Add +8.3% |
| FTNT Fortinet Inc. | 0.15% | 49,593 | $3.9M | Add +10.7% |
| USB US Bancorp | 0.14% | 71,761 | $3.9M | Reduce -0.3% |
| WFC Wells Fargo & Co. | 0.14% | 41,295 | $3.8M | Reduce -2.5% |
| CVX Chevron Corp. | 0.14% | 24,622 | $3.8M | Reduce -1.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.13% | 34,910 | $3.6M | Add +29.3% |
| VIG Vanguard Dividend Apprec ETF | 0.13% | 16,204 | $3.6M | Reduce -3.3% |
| PFE Pfizer Inc. | 0.13% | 138,314 | $3.4M | Add +17.1% |
| PEP Pepsico Inc. | 0.13% | 23,736 | $3.4M | Reduce -15.0% |
| LIN Linde PLC | 0.13% | 8,004 | $3.4M | Reduce -3.1% |
| WEC WEC Energy Group Inc. | 0.13% | 31,778 | $3.4M | Reduce -34.0% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.12% | 70,906 | $3.3M | New |
| CB Chubb Ltd. | 0.12% | 10,460 | $3.3M | Reduce -0.7% |
| NUDM Nuveen ESG Intl Devel MRK Eq | 0.12% | 88,565 | $3.2M | New |
| ORLY O'reilly Automotive Inc. | 0.12% | 34,922 | $3.2M | Reduce -0.6% |
| USMV iShares MSCI USA Min Vol Fac | 0.12% | 33,608 | $3.2M | Reduce -0.8% |
| NFLX Netflix Inc. | 0.12% | 32,927 | $3.1M | Reduce -14.5% |
| NEM Newmont Corp. | 0.11% | 30,393 | $3.0M | Add +7.0% |
| XLK SS Technology Select Sector | 0.11% | 20,956 | $3.0M | Reduce -0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.11% | 15,770 | $3.0M | Reduce -1.6% |
| XRNPX Cohen & Steers REIT and Pref | 0.11% | 151,059 | $3.0M | Reduce -3.0% |
| MDY State Street SPDR S&P Midcap | 0.11% | 4,916 | $3.0M | Add +8.9% |
| AMGN Amgen Inc. | 0.11% | 8,797 | $2.9M | Add +9.8% |
| COST Costco Wholesale Corp. | 0.11% | 3,262 | $2.8M | Reduce -4.5% |
Lines left out (5) · $155 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| PECO Phillips Edison & Company Inc. | COMMON STOCK | 0 | $74 |
| PSKY Paramount Skydance Class B | COM CL B | 0 | $44 |
| TROX Tronox Holdings PLC | SHS | 0 | $17 |
| JEPI JPMorgan Equity Premium Inco | EQUITY PREMIUM | 0 | $12 |
| SPFF Global X Superincome Prefer | GLBX SUPRINC ETF | 0 | $8 |
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 Q3 2025 → Q4 2025
| IWF iShares Russell 1000 Growth | Reduce -4.3% | 7.26% | −0.27 |
| MSFT Microsoft Corp. | Reduce -6.3% | 1.77% | −0.26 |
| JPM JPMorgan Chase & Co. | Reduce -32.2% | 0.44% | −0.20 |
| AVGO Broadcom Inc. | Reduce -23.7% | 0.41% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -16.4% | 0.35% | −0.10 |
| WEC WEC Energy Group Inc. | Reduce -34.0% | 0.13% | −0.08 |
| IEMG iShares Core MSCI Emerging | Reduce -6.9% | 1.21% | −0.07 |
| ABBV Abbvie Inc. | Reduce -16.1% | 0.32% | −0.07 |
| META Meta Platforms Inc. Class A | Reduce -0.1% | 0.55% | −0.06 |
| WMT Walmart Inc. | Reduce -29.4% | 0.20% | −0.06 |
| NFLX Netflix Inc. | Reduce -14.5% | 0.12% | −0.06 |
| DTE DTE Energy Company | Reduce -96.2% | 0.00% | −0.06 |
| VYM Vanguard High DVD Yield ETF | Reduce -13.9% | 0.38% | −0.06 |
| MO Altria Group Inc. | Reduce -0.6% | 0.35% | −0.05 |
| SO The Southern Co. | Reduce -90.9% | 0.00% | −0.05 |
| ETN Eaton Corp. PLC | Reduce -71.8% | 0.02% | −0.05 |
| GVI iShares Intermediate Governm | Reduce -10.5% | 0.39% | −0.05 |
| MCO Moody's Corp. | Reduce -18.0% | 0.33% | −0.05 |
| NTAP Netapp Inc. | Reduce -84.7% | 0.01% | −0.05 |
| HD Home Depot Inc. | Reduce -4.7% | 0.18% | −0.04 |
| FISV Fiserv Inc. | Reduce -22.3% | 0.03% | −0.04 |
| RHI Robert Half Inc. | Reduce -97.3% | 0.00% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -26.0% | 0.08% | −0.03 |
| KLAC KLA Corp. | Reduce -46.0% | 0.05% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -27.5% | 0.09% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -43.4% | 0.04% | −0.03 |
| PGR Progressive Corp. | Reduce -3.8% | 0.25% | −0.03 |
| ABT Abbott Laboratories | Reduce -4.2% | 0.26% | −0.03 |
| ICE Intercontinental Exchange Inc. | Reduce -45.8% | 0.03% | −0.03 |
| HON Honeywell International Inc. | Reduce -17.9% | 0.10% | −0.03 |
| J Jacobs Solutions Inc. | Reduce -77.5% | 0.01% | −0.03 |
| SYK Stryker Corp. | Reduce -62.3% | 0.02% | −0.03 |
| SPOT Spotify Technology SA | Reduce -15.4% | 0.07% | −0.03 |
| T AT&T Inc. | Reduce -13.5% | 0.09% | −0.03 |
| AJG Arthur J Gallagher & Co. | Reduce -72.6% | 0.01% | −0.03 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.03 |
| VNQ Vanguard Real Estate ETF | Reduce -3.3% | 0.40% | −0.03 |
| CMI Cummins Inc. | Reduce -57.9% | 0.03% | −0.03 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -81.2% | 0.01% | −0.03 |
| VICI Vici Properties Inc. | Reduce -16.5% | 0.07% | −0.03 |
| TEL Te Connectivity PLC | Reduce -55.4% | 0.02% | −0.02 |
| IWR iShares Russell Mid-Cap ETF | Reduce -10.4% | 0.20% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -30.9% | 0.03% | −0.02 |
| EMR Emerson Electric Co. | Reduce -43.3% | 0.03% | −0.02 |
| FNF Fidelity National Financial | Reduce -24.7% | 0.05% | −0.02 |
| ORLY O'reilly Automotive Inc. | Reduce -0.6% | 0.12% | −0.02 |
| NDAQ Nasdaq Inc. | Reduce -76.7% | 0.01% | −0.02 |
| OBDC Blue Owl Capital Corp. | Reduce -7.5% | 0.19% | −0.02 |
| MAR Marriott International Class A | Reduce -79.5% | 0.01% | −0.02 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -8.4% | 0.23% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| IEFA iShares Core MSCI Eafe ETF | Add +12.4% | 6.07% | +0.79 |
| DSI iShares ESG MSCI KLD 400 ETF | Add +75.6% | 0.46% | +0.20 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | New | 0.12% | +0.12 |
| NUDM Nuveen ESG Intl Devel MRK Eq | New | 0.12% | +0.12 |
| NVDA Nvidia Corp. | Add +11.3% | 1.17% | +0.12 |
| ISTB iShares Core 1-5 Year Usd Bo | Add +12.0% | 0.94% | +0.10 |
| JCPB JPMorgan Core Plus Bond ETF | Add +11.4% | 0.95% | +0.10 |
| GOOGL Alphabet Inc. Class A | Add +1.5% | 0.38% | +0.09 |
| LDOS Leidos Holdings Inc. | Add +8932.6% | 0.09% | +0.09 |
| AEP American Electric Power | Add +859.4% | 0.09% | +0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.6% | 1.50% | +0.07 |
| IJH iShares Core S&P Midcap ETF | Add +3.8% | 1.07% | +0.05 |
| ELV Elevance Health Inc. | Add +21.8% | 0.19% | +0.05 |
| EXPD Expeditors Intl Wash Inc. | Add +2.2% | 0.22% | +0.04 |
| AMAT Applied Materials Inc. | Add +11.4% | 0.15% | +0.04 |
| ESGE iShares Inc. iShares ESG Awar | New | 0.04% | +0.04 |
| NULG Nuveen ESG LRG-Cap GRW ETF | New | 0.04% | +0.04 |
| MBB iShares MBS ETF | Add +4.5% | 0.83% | +0.03 |
| COF Capital One Financial Corp. | Add +6.6% | 0.19% | +0.03 |
| JPST JPMorgan Ultra-Short Income | Add +11.9% | 0.29% | +0.03 |
| TROW T Rowe Price Group Inc. | Add +29.3% | 0.13% | +0.03 |
| IWB iShares Russell 1000 ETF | Add +2.1% | 0.75% | +0.03 |
| PCAR Paccar Inc. | Add +8.3% | 0.15% | +0.03 |
| REGN Regeneron Pharmaceuticals | Add +2.3% | 0.09% | +0.03 |
| AMZN Amazon.com Inc. | Add +0.3% | 0.53% | +0.03 |
| NEM Newmont Corp. | Add +7.0% | 0.11% | +0.02 |
| AMGN Amgen Inc. | Add +9.8% | 0.11% | +0.02 |
| IGF iShares Global Infrastructur | Add +10.5% | 0.22% | +0.02 |
| EFA iShares MSCI Eafe ETF | Add +7.8% | 0.22% | +0.02 |
| EVRG Evergy Inc. | Add +34.4% | 0.09% | +0.02 |
| EFV iShares MSCI Eafe Value ETF | Add +0.7% | 0.35% | +0.02 |
| UNH Unitedhealth Group Inc. | Add +16.7% | 0.18% | +0.02 |
| PH Parker Hannifin Corp. | Add +1087.5% | 0.02% | +0.02 |
| VZ Verizon Communications Inc. | Add +18.1% | 0.20% | +0.02 |
| EDIV State Street SPDR S&P Emergi | Add +91.7% | 0.03% | +0.02 |
| PFE Pfizer Inc. | Add +17.1% | 0.13% | +0.02 |
| F Ford Motor Co. | Add +1298.9% | 0.02% | +0.02 |
| ODFL Old Dominion Freight Line | Add +13.1% | 0.06% | +0.01 |
| MEC Mayville Engineering Co. Inc. | New | 0.01% | +0.01 |
| ABNB Airbnb Inc. Class A | Add +9.2% | 0.06% | +0.01 |
| IWN iShares Russell 2000 Value E | Add +41.3% | 0.04% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +16.5% | 0.04% | +0.01 |
| MDY State Street SPDR S&P Midcap | Add +8.9% | 0.11% | +0.01 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +28.6% | 0.04% | +0.01 |
| AMD Advanced Micro Devices | Add +5.1% | 0.03% | +0.01 |
| DVY iShares Select Dividend ETF | Add +14.5% | 0.07% | +0.01 |
| BWA Borgwarner Inc. | Add +15.3% | 0.05% | +0.01 |
| DVN Devon Energy Corp. | Add +19.0% | 0.04% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +1.3% | 0.04% | +0.01 |
| EXAS Exact Sciences Corp. | Add +31.9% | 0.01% | +0.01 |
Notes & Other Activity Q3 2025 → Q4 2025
| PECO Phillips Edison & Company Inc. | COMMON STOCK | New | 0 | $74 |
| PSKY Paramount Skydance Class B | COM CL B | Reduce -100.0% | 0 | $44 |
| TROX Tronox Holdings PLC | SHS | Reduce -100.0% | 0 | $17 |
| COLD Americold Realty Trust Inc. | COM | Sold out | 0 | $17before exit |
| FMC FMC Corp. | COM NEW | Sold out | 0 | $17before exit |
| JEPI JPMorgan Equity Premium Inco | EQUITY PREMIUM | Reduce -100.0% | 0 | $12 |
| XRAY Dentsply Sirona Inc. | COM | Sold out | 0 | $12before exit |
| SPFF Global X Superincome Prefer | GLBX SUPRINC ETF | New | 0 | $8 |
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 |