Jordan Park Group LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), Jordan Park Group LLC reported 67 stock positions worth $1.8 billion. Its top holding was iShares US Treasury Bond ETF (GOVT) at 26.3% of the portfolio, followed by iShares Core MSCI Emerging (IEMG, 25.3%) and SS SPDR S&P 500 ETF Trust-US (SPY, 7.7%). Compared with Q2 2025, it opened 5 new positions, sold out of 7, added to 15 and reduced 17. The biggest buy was Vanguard Russell 1000 (VONE, shares +302%) and the biggest sale iShares US Treasury Bond ETF (GOVT, shares −5%).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001707975
Portfolio Value
$1.8B (Q3 2025)
SEC Filing
0001707975-25-000010 ↗ filed Nov 3, 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 Q2 2025 Q3 2025: $1.8B $1.8B Q3 2025 Q4 2025: $1.7B Q4 2025 Q1 2026: $1.9B Q1 2026 Q2 2026: $2.0B Q2 2026

Holdings 67 stocks · $1.8B
GOVT iShares US Treasury Bond ETF 26.27% 19,915,035 $460.4M Reduce -5.1%
IEMG iShares Core MSCI Emerging 25.33% 6,791,982 $444.0M Add +1.8%
SPY SS SPDR S&P 500 ETF Trust-US 7.66% 201,465 $134.2M Reduce -4.8%
VONE Vanguard Russell 1000 5.99% 347,414 $105.0M Add +302.5%
VWO Vanguard Ftse Emerging Marke 3.09% 999,003 $54.1M Add +95.7%
IEFA iShares Core MSCI Eafe ETF 3.05% 613,246 $53.5M Add +18.2%
VGIT Vanguard Intermediate-Term T 3.03% 885,534 $53.2M Reduce -11.5%
IWB iShares Russell 1000 ETF 2.76% 132,193 $48.3M Reduce -14.8%
MCHI iShares MSCI China ETF 2.40% 564,221 $42.1M Reduce -5.5%
HEFA Isha Curr Hedged MSCI Eafe 2.36% 1,044,396 $41.4M Add +32.3%
EWT iShares MSCI Taiwan ETF 2.16% 820,971 $37.8M Add +43.0%
TSM Taiwan Semiconductor-SP ADR 1.92% 380,095 $33.7M Add +215.3%
BND Vanguard Total Bond Market 1.65% 389,630 $29.0M Add +682.7%
VEA Vanguard Ftse Developed ETF 1.51% 442,056 $26.5M Reduce -6.1%
EWY iShares MSCI South Korea ETF 1.20% 333,138 $21.1M Add +126.0%
VTEB Vanguard Tax-Exempt Bond ETF 1.19% 415,842 $20.8M Reduce -13.4%
HYMB SS SPDR N Ice HY Muni ETF 0.92% 649,498 $16.2M Add +79.2%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.78% 1,958,842 $13.7M Add +129.3%
SPHQ Invesco S&P 500 Quality ETF 0.71% 170,110 $12.5M Reduce -0.1%
NVDA Nvidia Corp. 0.60% 56,679 $10.6M No change
VIG Vanguard Dividend Apprec ETF 0.54% 44,072 $9.5M Reduce -0.2%
GREK Global X MSCI Greece ETF 0.42% 197,396 $7.3M Add +73.1%
IWV iShares Russell 3000 ETF 0.41% 18,926 $7.2M Add +0.1%
VOO Vanguard S&P 500 ETF 0.41% 11,657 $7.1M Reduce -30.9%
VONV Vanguard Russell 1000 Value 0.29% 57,054 $5.1M No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.26% 25,196 $4.6M Reduce -61.4%
IWF iShares Russell 1000 Growth 0.24% 8,851 $4.1M No change
ESGU iShares ESG Aware MSCI USA 0.21% 25,413 $3.7M Reduce -0.1%
VXF Vanguard Extended Market ETF 0.19% 16,014 $3.4M No change
EUSB Ishr ESG Advn Universal BD-$ 0.19% 74,646 $3.3M Add +18.0%
RSP Invesco S&P 500 Equal Weight 0.19% 17,200 $3.3M No change
JUST Goldman Sachs Just US LRG 0.18% 33,931 $3.2M New
VTI VG Morningstar TS MKT ETF-US 0.17% 9,025 $3.0M Reduce -1.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.16% 6,000 $2.9M No change
DBEF Xtrackers MSCI Eafe Hedged E 0.14% 51,151 $2.4M Reduce -1.6%
AAPL Apple Inc. 0.10% 7,000 $1.8M No change
IWR iShares Russell Mid-Cap ETF 0.10% 17,790 $1.7M Reduce -8.1%
META Meta Platforms Inc. Class A 0.10% 2,273 $1.7M No change
IWD iShares Russell 1000 Value E 0.09% 7,799 $1.6M No change
TNET Trinet Group Inc. 0.08% 20,000 $1.3M No change
VTWV Vanguard Russell 2000 Value 0.07% 8,023 $1.3M No change
GM General Motors Co. 0.06% 18,171 $1.1M No change
ACWX iShares MSCI Acwi Ex US ETF 0.06% 16,000 $1.0M No change
MDY State Street SPDR S&P Midcap 0.06% 1,664 $992K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 19,000 $980K No change
IWN iShares Russell 2000 Value E 0.06% 5,533 $978K No change
AMZN Amazon.com Inc. 0.05% 4,000 $878K No change
ESGE iShares Inc. iShares ESG Awar 0.05% 20,205 $877K Add +1.7%
ESGD iShares Trust iShares ESG Aw 0.05% 9,309 $866K No change
AVUS Avantis U.S. Equity ETF 0.04% 6,898 $750K No change
SUB iShares Short-Term National 0.04% 6,539 $698K Reduce -28.0%
IWM iShares Russell 2000 ETF 0.04% 2,803 $678K No change
VGLT Vanguard Long-Term Treasury 0.04% 11,102 $631K No change
AMAT Applied Materials Inc. 0.03% 2,900 $594K No change
IVV iShares Core S&P 500 ETF 0.03% 885 $592K New
EFG iShares MSCI Eafe Growth ETF 0.03% 4,675 $532K New
CSCO Cisco Systems Inc. 0.03% 7,700 $527K No change
ORCL Oracle Corp. 0.03% 1,764 $496K No change
DGRO iShares Core Dividend Growth 0.03% 7,000 $477K Reduce -26.3%
V Visa Inc. Class A 0.02% 1,110 $379K No change
PANW Palo Alto Networks Inc. 0.02% 1,452 $296K No change
EMGF iShares Emerging Markets Equ 0.02% 5,118 $290K New
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.02% 2,803 $286K No change
ICF iShares Select U.S. REIT ETF 0.01% 4,140 $255K No change
DHR Danaher Corp. 0.01% 1,129 $224K No change
TGT Target Corp. 0.01% 2,300 $206K No change
MNTS Momentus Inc. 0.00% 57,143 $71 New

Portfolio Sells Q2 2025 → Q3 2025
GOVT iShares US Treasury Bond ETF Reduce -5.1% 26.27% −5.03
VGIT Vanguard Intermediate-Term T Reduce -11.5% 3.03% −0.85
SPY SS SPDR S&P 500 ETF Trust-US Reduce -4.8% 7.66% −0.82
IWB iShares Russell 1000 ETF Reduce -14.8% 2.76% −0.66
VTEB Vanguard Tax-Exempt Bond ETF Reduce -13.4% 1.19% −0.34
VEA Vanguard Ftse Developed ETF Reduce -6.1% 1.51% −0.23
VOO Vanguard S&P 500 ETF Reduce -30.9% 0.41% −0.21
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -61.4% 0.26% −0.13
AGG iShares Core U.S. Aggregate Sold out 0.00% −0.08
SPHQ Invesco S&P 500 Quality ETF Reduce -0.1% 0.71% −0.08
VIG Vanguard Dividend Apprec ETF Reduce -0.2% 0.54% −0.04
VIS Vanguard Industrials ETF Sold out 0.00% −0.04
SPMD SS SPDR P S&P 400 Midcap ETF Sold out 0.00% −0.03
VO Vngrd Mrngstr MD-Cap ETF-Usd Sold out 0.00% −0.03
VHT Vanguard Health Care ETF Sold out 0.00% −0.03
SUB iShares Short-Term National Reduce -28.0% 0.04% −0.02
IWR iShares Russell Mid-Cap ETF Reduce -8.1% 0.10% −0.02
IGM iShares Expanded Tech Sector Sold out 0.00% −0.02
ADBE Adobe Inc. Sold out 0.00% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -1.8% 0.17% −0.01
DGRO iShares Core Dividend Growth Reduce -26.3% 0.03% −0.01
ESGU iShares ESG Aware MSCI USA Reduce -0.1% 0.21% −0.01
DBEF Xtrackers MSCI Eafe Hedged E Reduce -1.6% 0.14% −0.01
MCHI iShares MSCI China ETF Reduce -5.5% 2.40% +0.27

Portfolio Buys Q2 2025 → Q3 2025
VONE Vanguard Russell 1000 Add +302.5% 5.99% +4.42
VWO Vanguard Ftse Emerging Marke Add +95.7% 3.09% +1.45
BND Vanguard Total Bond Market Add +682.7% 1.65% +1.42
EWY iShares MSCI South Korea ETF Add +126.0% 1.20% +0.52
HEFA Isha Curr Hedged MSCI Eafe Add +32.3% 2.36% +0.42
HYMB SS SPDR N Ice HY Muni ETF Add +79.2% 0.92% +0.34
IEFA iShares Core MSCI Eafe ETF Add +18.2% 3.05% +0.24
JUST Goldman Sachs Just US LRG New 0.18% +0.18
TSM Taiwan Semiconductor-SP ADR Add +215.3% 1.92% +0.15
IVV iShares Core S&P 500 ETF New 0.03% +0.03
EFG iShares MSCI Eafe Growth ETF New 0.03% +0.03
NU Nu Holdings Ltd./Cayman Isl-A Add +129.3% 0.78% +0.02
EWT iShares MSCI Taiwan ETF Add +43.0% 2.16% +0.02
EMGF iShares Emerging Markets Equ New 0.02% +0.02
EUSB Ishr ESG Advn Universal BD-$ Add +18.0% 0.19% +0.01
MNTS Momentus Inc. New 0.00% 0.00
ESGE iShares Inc. iShares ESG Awar Add +1.7% 0.05% −0.00
GREK Global X MSCI Greece ETF Add +73.1% 0.42% −0.01
IWV iShares Russell 3000 ETF Add +0.1% 0.41% −0.02
IEMG iShares Core MSCI Emerging Add +1.8% 25.33% −0.66

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