Jordan Park Group LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Jordan Park Group LLC reported 69 stock positions worth $1.5 billion. Its top holding was iShares US Treasury Bond ETF (GOVT) at 31.3% of the portfolio, followed by iShares Core MSCI Emerging (IEMG, 26.0%) and SS SPDR S&P 500 ETF Trust-US (SPY, 8.5%). Compared with Q1 2025, it opened 2 new positions, sold out of 1, added to 10 and reduced 23. The biggest buy was a new position in Vanguard Russell 1000 (VONE) and the biggest sale iShares Russell 1000 ETF (IWB, shares −27%).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001707975
Portfolio Value
$1.5B (Q2 2025)
SEC Filing
0001707975-25-000007 ↗ filed Jul 31, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.6B Q1 2024 Q2 2024: $1.3B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.4B Q1 2025 Q2 2025: $1.5B $1.5B Q2 2025 Q3 2025: $1.8B Q3 2025 Q4 2025: $1.7B Q4 2025 Q1 2026: $1.9B Q1 2026 Q2 2026: $2.0B Q2 2026

Holdings 69 stocks · $1.5B
GOVT iShares US Treasury Bond ETF 31.29% 20,987,708 $482.3M Add +13.9%
IEMG iShares Core MSCI Emerging 25.99% 6,673,135 $400.6M Reduce -1.5%
SPY SS SPDR S&P 500 ETF Trust-US 8.48% 211,566 $130.7M Reduce -0.8%
VGIT Vanguard Intermediate-Term T 3.88% 1,000,773 $59.9M Reduce -2.5%
IWB iShares Russell 1000 ETF 3.42% 155,130 $52.7M Reduce -26.7%
IEFA iShares Core MSCI Eafe ETF 2.81% 518,906 $43.3M Add +1.5%
EWT iShares MSCI Taiwan ETF 2.14% 574,025 $32.9M No change
MCHI iShares MSCI China ETF 2.13% 596,945 $32.9M Add +83.0%
HEFA Isha Curr Hedged MSCI Eafe 1.94% 789,163 $30.0M Reduce -24.3%
TSM Taiwan Semiconductor-SP ADR 1.77% 120,569 $27.3M Add +34.7%
VEA Vanguard Ftse Developed ETF 1.74% 470,806 $26.8M Reduce -18.9%
VWO Vanguard Ftse Emerging Marke 1.64% 510,529 $25.3M Add +14.5%
VONE Vanguard Russell 1000 1.57% 86,323 $24.2M New
VTEB Vanguard Tax-Exempt Bond ETF 1.53% 480,439 $23.6M Add +3.1%
SPHQ Invesco S&P 500 Quality ETF 0.79% 170,250 $12.1M No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.76% 854,421 $11.7M No change
EWY iShares MSCI South Korea ETF 0.69% 147,435 $10.6M Add +190.1%
VOO Vanguard S&P 500 ETF 0.62% 16,857 $9.6M Reduce -7.2%
VIG Vanguard Dividend Apprec ETF 0.59% 44,169 $9.0M Reduce -5.3%
HYMB SS SPDR N Ice HY Muni ETF 0.58% 362,409 $9.0M Reduce -0.9%
NVDA Nvidia Corp. 0.58% 56,679 $9.0M Reduce -3.4%
IWV iShares Russell 3000 ETF 0.43% 18,898 $6.6M No change
GREK Global X MSCI Greece ETF 0.43% 114,011 $6.6M No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.39% 65,247 $6.0M Reduce -4.7%
VONV Vanguard Russell 1000 Value 0.32% 57,054 $4.9M Reduce -0.1%
IWF iShares Russell 1000 Growth 0.24% 8,851 $3.8M Reduce -0.6%
BND Vanguard Total Bond Market 0.24% 49,783 $3.7M Add +7.0%
ESGU iShares ESG Aware MSCI USA 0.22% 25,429 $3.4M Add +3.9%
RSP Invesco S&P 500 Equal Weight 0.20% 17,200 $3.1M No change
VXF Vanguard Extended Market ETF 0.20% 16,014 $3.1M No change
VTI VG Morningstar TS MKT ETF-US 0.18% 9,194 $2.8M Reduce -8.5%
EUSB Ishr ESG Advn Universal BD-$ 0.18% 63,271 $2.8M Reduce -15.4%
VUG Vanguard Mrngstar GR ETF-Sui 0.17% 6,000 $2.6M No change
DBEF Xtrackers MSCI Eafe Hedged E 0.15% 51,955 $2.3M No change
IWR iShares Russell Mid-Cap ETF 0.12% 19,353 $1.8M Reduce -2.1%
META Meta Platforms Inc. Class A 0.11% 2,273 $1.7M No change
IWD iShares Russell 1000 Value E 0.10% 7,799 $1.5M No change
TNET Trinet Group Inc. 0.09% 20,000 $1.5M No change
AAPL Apple Inc. 0.09% 7,000 $1.4M No change
AGG iShares Core U.S. Aggregate 0.08% 12,173 $1.2M Reduce -3.3%
VTWV Vanguard Russell 2000 Value 0.07% 8,023 $1.1M Reduce -18.3%
ACWX iShares MSCI Acwi Ex US ETF 0.06% 16,000 $975K No change
SUB iShares Short-Term National 0.06% 9,080 $966K Reduce -52.2%
MDY State Street SPDR S&P Midcap 0.06% 1,664 $943K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 19,000 $899K No change
GM General Motors Co. 0.06% 18,171 $894K No change
AMZN Amazon.com Inc. 0.06% 4,000 $878K No change
IWN iShares Russell 2000 Value E 0.06% 5,533 $873K Add +1.1%
ESGD iShares Trust iShares ESG Aw 0.05% 9,309 $831K Reduce -12.0%
ESGE iShares Inc. iShares ESG Awar 0.05% 19,872 $778K Reduce -1.2%
AVUS Avantis U.S. Equity ETF 0.05% 6,898 $695K No change
VIS Vanguard Industrials ETF 0.04% 2,225 $623K No change
VGLT Vanguard Long-Term Treasury 0.04% 11,102 $623K No change
DGRO iShares Core Dividend Growth 0.04% 9,500 $607K No change
IWM iShares Russell 2000 ETF 0.04% 2,803 $605K Reduce -1.8%
CSCO Cisco Systems Inc. 0.03% 7,700 $534K No change
AMAT Applied Materials Inc. 0.03% 2,900 $531K No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.03% 8,702 $473K Reduce -40.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.03% 1,570 $439K No change
VHT Vanguard Health Care ETF 0.03% 1,725 $428K No change
V Visa Inc. Class A 0.03% 1,110 $394K No change
ORCL Oracle Corp. 0.03% 1,764 $386K No change
PANW Palo Alto Networks Inc. 0.02% 1,452 $297K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.02% 2,803 $288K No change
ICF iShares Select U.S. REIT ETF 0.02% 4,140 $253K No change
IGM iShares Expanded Tech Sector 0.02% 2,250 $253K No change
TGT Target Corp. 0.01% 2,300 $227K No change
DHR Danaher Corp. 0.01% 1,129 $223K No change
ADBE Adobe Inc. 0.01% 517 $200K New

Portfolio Sells Q1 2025 → Q2 2025
IWB iShares Russell 1000 ETF Reduce -26.7% 3.42% −1.30
HEFA Isha Curr Hedged MSCI Eafe Reduce -24.3% 1.94% −0.81
IEMG iShares Core MSCI Emerging Reduce -1.5% 25.99% −0.60
VGIT Vanguard Intermediate-Term T Reduce -2.5% 3.88% −0.55
VEA Vanguard Ftse Developed ETF Reduce -18.9% 1.74% −0.40
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.8% 8.48% −0.19
HYMB SS SPDR N Ice HY Muni ETF Reduce -0.9% 0.58% −0.09
SUB iShares Short-Term National Reduce -52.2% 0.06% −0.08
VIG Vanguard Dividend Apprec ETF Reduce -5.3% 0.59% −0.07
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -4.7% 0.39% −0.07
VOO Vanguard S&P 500 ETF Reduce -7.2% 0.62% −0.06
EUSB Ishr ESG Advn Universal BD-$ Reduce -15.4% 0.18% −0.06
IJR iShares Core S&P Small-Cap E Sold out 0.00% −0.05
VONV Vanguard Russell 1000 Value Reduce -0.1% 0.32% −0.03
SPMD SS SPDR P S&P 400 Midcap ETF Reduce -40.8% 0.03% −0.02
VTWV Vanguard Russell 2000 Value Reduce -18.3% 0.07% −0.02
VTI VG Morningstar TS MKT ETF-US Reduce -8.5% 0.18% −0.02
AGG iShares Core U.S. Aggregate Reduce -3.3% 0.08% −0.01
ESGD iShares Trust iShares ESG Aw Reduce -12.0% 0.05% −0.01
IWR iShares Russell Mid-Cap ETF Reduce -2.1% 0.12% −0.01
IWM iShares Russell 2000 ETF Reduce -1.8% 0.04% −0.00
ESGE iShares Inc. iShares ESG Awar Reduce -1.2% 0.05% −0.00
IWF iShares Russell 1000 Growth Reduce -0.6% 0.24% +0.01
NVDA Nvidia Corp. Reduce -3.4% 0.58% +0.12

Portfolio Buys Q1 2025 → Q2 2025
VONE Vanguard Russell 1000 New 1.57% +1.57
MCHI iShares MSCI China ETF Add +83.0% 2.13% +0.84
TSM Taiwan Semiconductor-SP ADR Add +34.7% 1.77% +0.69
GOVT iShares US Treasury Bond ETF Add +13.9% 31.29% +0.50
EWY iShares MSCI South Korea ETF Add +190.1% 0.69% +0.49
VWO Vanguard Ftse Emerging Marke Add +14.5% 1.64% +0.17
ADBE Adobe Inc. New 0.01% +0.01
ESGU iShares ESG Aware MSCI USA Add +3.9% 0.22% +0.01
IEFA iShares Core MSCI Eafe ETF Add +1.5% 2.81% −0.00
IWN iShares Russell 2000 Value E Add +1.1% 0.06% −0.00
BND Vanguard Total Bond Market Add +7.0% 0.24% −0.01
VTEB Vanguard Tax-Exempt Bond ETF Add +3.1% 1.53% −0.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 68$2.0BIEMG, XLV, GOVT, VONE, SPY
Q1 2026 69$1.9BIEMG, GOVT, XLV, VONE, SPY
Q4 2025 67$1.7BIEMG, GOVT, SPY, VONE, IEFA
Q3 2025 67$1.8BGOVT, IEMG, SPY, VONE, VWO
Q2 2025 69$1.5BGOVT, IEMG, SPY, VGIT, IWB
Q1 2025 68$1.4BGOVT, IEMG, SPY, IWB, VGIT
Q4 2024 71$1.4BIEMG, GOVT, SPY, VGLT, TLT
Q3 2024 69$1.5BIEMG, GOVT, SPY, VGLT, KCCA
Q2 2024 42$1.3BIEMG, GOVT, SPY, VGLT, KCCA
Q1 2024 49$1.6BIEMG, BAR, VGLT, SPY, GOVT