Jordan Park Group LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Jordan Park Group LLC reported 67 stock positions worth $1.7 billion. Its top holding was iShares Core MSCI Emerging (IEMG) at 26.6% of the portfolio, followed by iShares US Treasury Bond ETF (GOVT, 25.1%) and SS SPDR S&P 500 ETF Trust-US (SPY, 7.1%). Compared with Q3 2025, it opened 3 new positions, sold out of 3, added to 12 and reduced 25. The biggest buy was iShares Core MSCI Emerging (IEMG, shares +1%) and the biggest sale Vanguard Ftse Emerging Marke (VWO, shares −47%).

Most Recent 13F
Q2 2026
Location
SAN FRANCISCO, CA
CIK
0001707975
Portfolio Value
$1.7B (Q4 2025)
SEC Filing
0001707975-26-000002 ↗ filed Feb 10, 2026

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 Q3 2025 Q4 2025: $1.7B $1.7B Q4 2025 Q1 2026: $1.9B Q1 2026 Q2 2026: $2.0B Q2 2026

Holdings 67 stocks · $1.7B
IEMG iShares Core MSCI Emerging 26.59% 6,826,448 $458.9M Add +0.5%
GOVT iShares US Treasury Bond ETF 25.09% 18,808,265 $433.1M Reduce -5.6%
SPY SS SPDR S&P 500 ETF Trust-US 7.07% 178,847 $122.0M Reduce -11.2%
VONE Vanguard Russell 1000 6.73% 375,997 $116.2M Add +8.2%
IEFA iShares Core MSCI Eafe ETF 3.27% 631,318 $56.5M Add +3.0%
VGIT Vanguard Intermediate-Term T 2.79% 804,601 $48.2M Reduce -9.1%
IWB iShares Russell 1000 ETF 2.78% 128,433 $48.0M Reduce -2.8%
EWT iShares MSCI Taiwan ETF 2.54% 691,194 $43.9M Reduce -15.8%
MCHI iShares MSCI China ETF 2.51% 722,206 $43.4M Add +28.0%
HEFA Isha Curr Hedged MSCI Eafe 2.41% 1,006,633 $41.6M Reduce -3.6%
TSM Taiwan Semiconductor-SP ADR 2.29% 129,956 $39.5M Reduce -65.8%
BND Vanguard Total Bond Market 2.28% 530,977 $39.3M Add +36.3%
VTEB Vanguard Tax-Exempt Bond ETF 1.70% 582,930 $29.3M Add +40.2%
VWO Vanguard Ftse Emerging Marke 1.66% 534,349 $28.7M Reduce -46.5%
VEA Vanguard Ftse Developed ETF 1.57% 435,116 $27.2M Reduce -1.6%
HYMB SS SPDR N Ice HY Muni ETF 0.98% 680,126 $17.0M Add +4.7%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.83% 854,421 $14.3M Reduce -56.4%
EWY iShares MSCI South Korea ETF 0.48% 84,581 $8.2M Reduce -74.6%
NVDA Nvidia Corp. 0.45% 41,679 $7.8M Reduce -26.5%
VIG Vanguard Dividend Apprec ETF 0.44% 34,743 $7.6M Reduce -21.2%
GREK Global X MSCI Greece ETF 0.44% 114,011 $7.5M Reduce -42.2%
IWV iShares Russell 3000 ETF 0.41% 18,515 $7.2M Reduce -2.2%
SPHQ Invesco S&P 500 Quality ETF 0.38% 87,114 $6.5M Reduce -48.8%
IWF iShares Russell 1000 Growth 0.37% 13,351 $6.3M Add +50.8%
VOO Vanguard S&P 500 ETF 0.35% 9,702 $6.1M Reduce -16.8%
VONV Vanguard Russell 1000 Value 0.31% 57,054 $5.3M No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.25% 46,880 $4.3M Add +86.1%
ESGU iShares ESG Aware MSCI USA 0.21% 24,093 $3.6M Reduce -5.2%
VXF Vanguard Extended Market ETF 0.19% 16,014 $3.3M No change
RSP Invesco S&P 500 Equal Weight 0.19% 17,200 $3.3M No change
EUSB Ishr ESG Advn Universal BD-$ 0.19% 74,646 $3.3M No change
JUST Goldman Sachs Just US LRG 0.18% 32,619 $3.2M Reduce -3.9%
VTI VG Morningstar TS MKT ETF-US 0.18% 9,025 $3.0M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.17% 6,000 $2.9M No change
DBEF Xtrackers MSCI Eafe Hedged E 0.14% 50,382 $2.4M Reduce -1.5%
AAPL Apple Inc. 0.11% 7,000 $1.9M No change
SPHY SS SPDR P High Yield ETF 0.10% 74,144 $1.8M New
IWD iShares Russell 1000 Value E 0.10% 7,799 $1.6M No change
META Meta Platforms Inc. Class A 0.09% 2,273 $1.5M No change
GM General Motors Co. 0.09% 18,171 $1.5M No change
IWR iShares Russell Mid-Cap ETF 0.08% 13,742 $1.3M Reduce -22.8%
VTWV Vanguard Russell 2000 Value 0.07% 8,023 $1.3M No change
TNET Trinet Group Inc. 0.07% 20,000 $1.2M No change
ACWX iShares MSCI Acwi Ex US ETF 0.06% 16,000 $1.1M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 19,000 $1.0M No change
MDY State Street SPDR S&P Midcap 0.06% 1,664 $1.0M No change
AMZN Amazon.com Inc. 0.05% 4,000 $923K No change
SUB iShares Short-Term National 0.05% 8,329 $889K Add +27.4%
ESGE iShares Inc. iShares ESG Awar 0.05% 19,489 $861K Reduce -3.5%
ESGD iShares Trust iShares ESG Aw 0.05% 9,012 $857K Reduce -3.2%
IWN iShares Russell 2000 Value E 0.05% 4,629 $839K Reduce -16.3%
IVV iShares Core S&P 500 ETF 0.05% 1,154 $790K Add +30.4%
AVUS Avantis U.S. Equity ETF 0.04% 6,898 $771K No change
AMAT Applied Materials Inc. 0.04% 2,900 $745K No change
HYD Vaneck High Yield Muni ETF 0.04% 14,208 $726K New
VGLT Vanguard Long-Term Treasury 0.04% 11,102 $619K No change
EFG iShares MSCI Eafe Growth ETF 0.03% 5,051 $575K Add +8.0%
SPMD SS SPDR P S&P 400 Midcap ETF 0.03% 8,698 $504K New
DGRO iShares Core Dividend Growth 0.03% 7,000 $486K No change
IWM iShares Russell 2000 ETF 0.02% 1,653 $407K Reduce -41.0%
V Visa Inc. Class A 0.02% 1,110 $389K No change
ORCL Oracle Corp. 0.02% 1,764 $344K No change
EMGF iShares Emerging Markets Equ 0.02% 5,118 $296K No change
PANW Palo Alto Networks Inc. 0.02% 1,452 $267K No change
DHR Danaher Corp. 0.01% 1,129 $258K No change
ICF iShares Select U.S. REIT ETF 0.01% 4,140 $247K No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.01% 2,803 $233K No change

Portfolio Sells Q3 2025 → Q4 2025
VWO Vanguard Ftse Emerging Marke Reduce -46.5% 1.66% −1.42
GOVT iShares US Treasury Bond ETF Reduce -5.6% 25.09% −1.18
EWY iShares MSCI South Korea ETF Reduce -74.6% 0.48% −0.73
SPY SS SPDR S&P 500 ETF Trust-US Reduce -11.2% 7.07% −0.59
SPHQ Invesco S&P 500 Quality ETF Reduce -48.8% 0.38% −0.33
VGIT Vanguard Intermediate-Term T Reduce -9.1% 2.79% −0.24
NVDA Nvidia Corp. Reduce -26.5% 0.45% −0.15
VIG Vanguard Dividend Apprec ETF Reduce -21.2% 0.44% −0.10
VOO Vanguard S&P 500 ETF Reduce -16.8% 0.35% −0.05
CSCO Cisco Systems Inc. Sold out 0.00% −0.03
IWR iShares Russell Mid-Cap ETF Reduce -22.8% 0.08% −0.02
IWM iShares Russell 2000 ETF Reduce -41.0% 0.02% −0.02
TGT Target Corp. Sold out 0.00% −0.01
IWN iShares Russell 2000 Value E Reduce -16.3% 0.05% −0.01
ESGU iShares ESG Aware MSCI USA Reduce -5.2% 0.21% −0.00
ESGE iShares Inc. iShares ESG Awar Reduce -3.5% 0.05% −0.00
MNTS Momentus Inc. Sold out 0.00% 0.00
ESGD iShares Trust iShares ESG Aw Reduce -3.2% 0.05% +0.00
JUST Goldman Sachs Just US LRG Reduce -3.9% 0.18% +0.00
DBEF Xtrackers MSCI Eafe Hedged E Reduce -1.5% 0.14% +0.01
IWV iShares Russell 3000 ETF Reduce -2.2% 0.41% +0.01
GREK Global X MSCI Greece ETF Reduce -42.2% 0.44% +0.02
IWB iShares Russell 1000 ETF Reduce -2.8% 2.78% +0.02
NU Nu Holdings Ltd./Cayman Isl-A Reduce -56.4% 0.83% +0.05
HEFA Isha Curr Hedged MSCI Eafe Reduce -3.6% 2.41% +0.05
VEA Vanguard Ftse Developed ETF Reduce -1.6% 1.57% +0.06
TSM Taiwan Semiconductor-SP ADR Reduce -65.8% 2.29% +0.37
EWT iShares MSCI Taiwan ETF Reduce -15.8% 2.54% +0.39

Portfolio Buys Q3 2025 → Q4 2025
IEMG iShares Core MSCI Emerging Add +0.5% 26.59% +1.26
VONE Vanguard Russell 1000 Add +8.2% 6.73% +0.74
BND Vanguard Total Bond Market Add +36.3% 2.28% +0.63
VTEB Vanguard Tax-Exempt Bond ETF Add +40.2% 1.70% +0.51
IEFA iShares Core MSCI Eafe ETF Add +3.0% 3.27% +0.22
IWF iShares Russell 1000 Growth Add +50.8% 0.37% +0.13
MCHI iShares MSCI China ETF Add +28.0% 2.51% +0.11
SPHY SS SPDR P High Yield ETF New 0.10% +0.10
HYMB SS SPDR N Ice HY Muni ETF Add +4.7% 0.98% +0.06
HYD Vaneck High Yield Muni ETF New 0.04% +0.04
SPMD SS SPDR P S&P 400 Midcap ETF New 0.03% +0.03
IVV iShares Core S&P 500 ETF Add +30.4% 0.05% +0.01
SUB iShares Short-Term National Add +27.4% 0.05% +0.01
EFG iShares MSCI Eafe Growth ETF Add +8.0% 0.03% +0.00
BIL SS SPDR BB 1-3M T-Bill ETF Add +86.1% 0.25% −0.01

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