Johnson Financial Group, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 30, 2025), Johnson Financial Group, LLC reported 90 stock positions worth $1.1 billion. Its top holding was Vngrd Mrgstr LRG-Cap ETF-Usd (VV) at 45.1% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 13.6%) and PIMCO Enhanced Short Maturit (MINT, 11.8%). Compared with Q2 2025, it opened 20 new positions, sold out of 7, added to 26 and reduced 13. The biggest buy was Vanguard Ftse Emerging Marke (VWO, shares +4%) and the biggest sale PIMCO Enhanced Short Maturit (MINT, shares −21%).

Most Recent 13F
Q2 2026
Location
Denver, CO
CIK
0001706327
Portfolio Value
$1.1B (Q3 2025)
SEC Filing
0001172661-25-004493 ↗ filed Oct 30, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $792.3M Q1 2024 Q2 2024: $764.7M Q2 2024 Q3 2024: $822.8M Q3 2024 Q4 2024: $854.0M Q4 2024 Q1 2025: $947.6M Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.1B $1.1B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $1.9B Q2 2026

Holdings 90 stocks · $1.1B
VV Vngrd Mrgstr LRG-Cap ETF-Usd 45.14% 1,603,631 $493.7M Reduce -0.4%
VEA Vanguard Ftse Developed ETF 13.59% 2,480,815 $148.7M Reduce -0.1%
MINT PIMCO Enhanced Short Maturit 11.84% 1,285,625 $129.4M Reduce -20.6%
VWO Vanguard Ftse Emerging Marke 7.26% 1,464,924 $79.4M Add +4.2%
VTI VG Morningstar TS MKT ETF-US 5.42% 180,615 $59.3M Add +3.2%
SCHC Schwab Intl Small-Cap Equity 3.29% 791,102 $36.0M Add +3.4%
VB Vanguard Most SM-Cap ETF-Usd 2.65% 114,106 $29.0M Add +2.4%
VNQ Vanguard Real Estate ETF 1.11% 133,175 $12.2M Add +3.5%
SCHF Schwab Intl Equity ETF 1.07% 502,945 $11.7M No change
VSS Vanguard Ftse All Wo X-US SC 0.85% 64,995 $9.3M No change
PDBC Invesco Optimum Yield Divers 0.82% 664,934 $8.9M Reduce -19.5%
PAYC Paycom Software Inc. 0.48% 25,000 $5.2M No change
SCHE Schwab Emrg Mrkts Eqty ETF 0.47% 154,355 $5.2M No change
EEMS iShares MSCI Emerging MKT SM 0.39% 62,879 $4.3M Add +0.3%
AAPL Apple Inc. 0.36% 15,544 $4.0M Add +5.5%
IVV iShares Core S&P 500 ETF 0.33% 5,316 $3.6M Add +79.8%
EWX State Street SPDR S&P Emergi 0.30% 48,422 $3.3M Reduce -2.1%
BRK.A Berkshire Hathaway Inc. Class A 0.28% 4 $3.0M No change
MSFT Microsoft Corp. 0.28% 5,817 $3.0M Add +2.9%
SCHX Schwab US Large-Cap ETF 0.24% 100,598 $2.6M No change
SCHO Schwab Short-Term US Treas 0.23% 102,472 $2.5M Add +0.4%
GOOG Alphabet Inc. Class C 0.21% 9,620 $2.3M Add +1.3%
SCHH Schwab US REIT ETF 0.17% 85,667 $1.8M No change
BXSL Blackstone Secured Lending F 0.16% 68,515 $1.8M New
SPY SS SPDR S&P 500 ETF Trust-US 0.15% 2,456 $1.6M Reduce -25.4%
ESGD iShares Trust iShares ESG Aw 0.14% 16,380 $1.5M No change
NVDA Nvidia Corp. 0.13% 7,445 $1.4M Add +177.3%
TFI SS SPDR N Ice Muni Bond ETF 0.12% 29,903 $1.4M Reduce -10.9%
XOM Exxon Mobil Corp. 0.10% 9,975 $1.1M Add +13.0%
BNDX Vanguard Total Intl Bond ETF 0.10% 21,829 $1.1M Reduce -1.6%
VOO Vanguard S&P 500 ETF 0.10% 1,706 $1.0M Reduce -77.5%
ECL Ecolab Inc. 0.09% 3,677 $1.0M Add +0.2%
GOOGL Alphabet Inc. Class A 0.09% 3,941 $958K Add +96.6%
BRK.B Berkshire Hathaway Inc. Class B 0.08% 1,803 $906K Add +6.6%
SHM SS SPDR N Ice St Muni ETF 0.08% 18,373 $886K No change
IEFA iShares Core MSCI Eafe ETF 0.07% 8,624 $753K Add +2.9%
GM General Motors Co. 0.06% 11,455 $698K No change
QCOM Qualcomm Inc. 0.06% 4,195 $698K No change
BGRN iShares Usd Green Bond ETF 0.06% 14,028 $675K No change
SCHR Schwab Intermediate-Term US 0.06% 26,316 $661K Add +37.0%
TIP iShares Tips Bond ETF 0.06% 5,906 $657K No change
JPM JPMorgan Chase & Co. 0.06% 1,957 $617K No change
SCZ iShares MSCI Eafe Small-Cap 0.06% 8,014 $615K Reduce -6.1%
META Meta Platforms Inc. Class A 0.06% 835 $613K Add +66.3%
DFAC Dimensional US Core Equity 2 0.05% 15,089 $582K No change
ORCL Oracle Corp. 0.05% 1,929 $543K Add +1.1%
ABBV Abbvie Inc. 0.05% 2,279 $528K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.05% 1,095 $525K No change
WMT Walmart Inc. 0.05% 5,043 $520K Add +125.4%
V Visa Inc. Class A 0.05% 1,512 $516K Add +39.4%
ESML iShares ESG Aware MSCI USA S 0.05% 11,415 $515K No change
AVGO Broadcom Inc. 0.04% 1,445 $477K New
VTIP Vanguard Short-Term Tips 0.04% 8,536 $432K No change
AMZN Amazon.com Inc. 0.04% 1,938 $426K Reduce -7.8%
IJK iShares S&P Mid-Cap 400 Grow 0.03% 3,695 $354K No change
ITOT iShares Core S&P Total U.S. 0.03% 2,424 $353K New
HD Home Depot Inc. 0.03% 835 $338K New
VIG Vanguard Dividend Apprec ETF 0.03% 1,565 $338K New
QUAL iShares MSCI USA Quality Fac 0.03% 1,721 $335K Reduce -37.9%
GILD Gilead Sciences Inc. 0.03% 2,948 $327K Add +37.1%
MRK Merck & Co. Inc. 0.03% 3,866 $324K Add +12.2%
GBDC Golub Capital BDC Inc. 0.03% 23,465 $321K New
ITW Illinois Tool Works 0.03% 1,230 $321K No change
NEE Nextera Energy Inc. 0.03% 4,099 $309K New
VPU Vanguard Utilities ETF 0.03% 1,545 $293K No change
GS Goldman Sachs Group Inc. 0.03% 360 $287K No change
PBD Invesco Global Clean Energy 0.03% 18,781 $283K No change
HLF Herbalife Ltd. 0.03% 33,000 $279K No change
ICE Intercontinental Exchange Inc. 0.03% 1,645 $277K Add +3.1%
COF Capital One Financial Corp. 0.03% 1,285 $273K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.02% 915 $269K New
PG The Procter & Gamble Co. 0.02% 1,714 $263K New
COST Costco Wholesale Corp. 0.02% 281 $260K New
VNQI Vanguard GLBL Ex-US Real Est 0.02% 5,436 $260K No change
INTC Intel Corp. 0.02% 7,500 $252K New
TTEC Ttec Holdings Inc. filed as TTEC HLDGS INC 0.02% 72,950 $245K New
JMBS Janus Henderson Mortg Backed 0.02% 5,345 $244K New
VOX Vanguard Communication Servi 0.02% 1,290 $242K No change
SHOP Shopify Inc. Class A 0.02% 1,602 $238K New
LLY Eli Lilly & Co. 0.02% 308 $235K New
JNJ Johnson & Johnson 0.02% 1,250 $232K Reduce -36.4%
VGT Vanguard Info Tech ETF 0.02% 301 $225K New
T AT&T Inc. 0.02% 7,935 $224K New
SPYX SS SPDR S&P 500 Foss FL ETF 0.02% 4,077 $224K No change
LNC Lincoln National Corp. 0.02% 5,515 $222K New
DHR Danaher Corp. 0.02% 1,080 $214K Add +2.4%
HON Honeywell International Inc. 0.02% 991 $209K No change
TGT Target Corp. 0.02% 2,285 $205K No change
MET Metlife Inc. 0.02% 2,480 $204K New
TFC Truist Financial Corp. 0.02% 4,446 $203K New

Portfolio Sells Q2 2025 → Q3 2025
MINT PIMCO Enhanced Short Maturit Reduce -20.6% 11.84% −3.58
VOO Vanguard S&P 500 ETF Reduce -77.5% 0.10% −0.31
PDBC Invesco Optimum Yield Divers Reduce -19.5% 0.82% −0.20
EFA iShares MSCI Eafe ETF Sold out 0.00% −0.04
SPY SS SPDR S&P 500 ETF Trust-US Reduce -25.4% 0.15% −0.04
IVT Inventrust Properties Corp. Sold out 0.00% −0.03
IDEV iShares Core MSCI Dev MKTS Sold out 0.00% −0.03
KMI Kinder Morgan Inc. Sold out 0.00% −0.03
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.03
DFIV Dimensional International Va Sold out 0.00% −0.02
DIS The Walt Disney Co. Sold out 0.00% −0.02
TFI SS SPDR N Ice Muni Bond ETF Reduce -10.9% 0.12% −0.02
QUAL iShares MSCI USA Quality Fac Reduce -37.9% 0.03% −0.02
JNJ Johnson & Johnson Reduce -36.4% 0.02% −0.01
BNDX Vanguard Total Intl Bond ETF Reduce -1.6% 0.10% −0.01
AMZN Amazon.com Inc. Reduce -7.8% 0.04% −0.00
SCZ iShares MSCI Eafe Small-Cap Reduce -6.1% 0.06% −0.00
EWX State Street SPDR S&P Emergi Reduce -2.1% 0.30% +0.01
VEA Vanguard Ftse Developed ETF Reduce -0.1% 13.59% +0.18
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -0.4% 45.14% +1.58

Portfolio Buys Q2 2025 → Q3 2025
VWO Vanguard Ftse Emerging Marke Add +4.2% 7.26% +0.67
VTI VG Morningstar TS MKT ETF-US Add +3.2% 5.42% +0.38
SCHC Schwab Intl Small-Cap Equity Add +3.4% 3.29% +0.20
BXSL Blackstone Secured Lending F New 0.16% +0.16
IVV iShares Core S&P 500 ETF Add +79.8% 0.33% +0.15
VB Vanguard Most SM-Cap ETF-Usd Add +2.4% 2.65% +0.15
NVDA Nvidia Corp. Add +177.3% 0.13% +0.09
AAPL Apple Inc. Add +5.5% 0.36% +0.08
GOOG Alphabet Inc. Class C Add +1.3% 0.21% +0.05
GOOGL Alphabet Inc. Class A Add +96.6% 0.09% +0.05
AVGO Broadcom Inc. New 0.04% +0.04
ITOT iShares Core S&P Total U.S. New 0.03% +0.03
HD Home Depot Inc. New 0.03% +0.03
VIG Vanguard Dividend Apprec ETF New 0.03% +0.03
GBDC Golub Capital BDC Inc. New 0.03% +0.03
NEE Nextera Energy Inc. New 0.03% +0.03
VNQ Vanguard Real Estate ETF Add +3.5% 1.11% +0.03
WMT Walmart Inc. Add +125.4% 0.05% +0.03
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.02% +0.02
PG The Procter & Gamble Co. New 0.02% +0.02
COST Costco Wholesale Corp. New 0.02% +0.02
INTC Intel Corp. New 0.02% +0.02
TTEC Ttec Holdings Inc. New 0.02% +0.02
JMBS Janus Henderson Mortg Backed New 0.02% +0.02
SHOP Shopify Inc. Class A New 0.02% +0.02
LLY Eli Lilly & Co. New 0.02% +0.02
META Meta Platforms Inc. Class A Add +66.3% 0.06% +0.02
T AT&T Inc. New 0.02% +0.02
VGT Vanguard Info Tech ETF New 0.02% +0.02
LNC Lincoln National Corp. New 0.02% +0.02
MET Metlife Inc. New 0.02% +0.02
TFC Truist Financial Corp. New 0.02% +0.02
SCHR Schwab Intermediate-Term US Add +37.0% 0.06% +0.01
XOM Exxon Mobil Corp. Add +13.0% 0.10% +0.01
V Visa Inc. Class A Add +39.4% 0.05% +0.01
ORCL Oracle Corp. Add +1.1% 0.05% +0.01
MSFT Microsoft Corp. Add +2.9% 0.28% +0.01
GILD Gilead Sciences Inc. Add +37.1% 0.03% +0.01
EEMS iShares MSCI Emerging MKT SM Add +0.3% 0.39% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +6.6% 0.08% +0.01
MRK Merck & Co. Inc. Add +12.2% 0.03% +0.00
IEFA iShares Core MSCI Eafe ETF Add +2.9% 0.07% +0.00
DHR Danaher Corp. Add +2.4% 0.02% −0.00
ECL Ecolab Inc. Add +0.2% 0.09% −0.00
ICE Intercontinental Exchange Inc. Add +3.1% 0.03% −0.00
SCHO Schwab Short-Term US Treas Add +0.4% 0.23% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 279$1.9BVV, VEA, VWO, VTI, SCHC
Q1 2026 185$1.5BVV, VEA, VWO, VTI, VB
Q4 2025 120$1.6BVV, VEA, MINT, VWO, VTI
Q3 2025 90$1.1BVV, VEA, MINT, VWO, VTI
Q2 2025 77$1.1BVV, MINT, VEA, VWO, VTI
Q1 2025 99$947.6MVV, MINT, VEA, VWO, VTI
Q4 2024 50$854.0MVV, VEA, MINT, VWO, VTI
Q3 2024 45$822.8MVV, VEA, MINT, VWO, VTI
Q2 2024 41$764.7MVV, VEA, MINT, VTI, VWO
Q1 2024 37$792.3MVV, VEA, MINT, VTI, VB