McMorgan & Co. LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), McMorgan & Co. LLC reported 57 stock positions worth $624.9 million. Its top holding was Vanguard Total Bond Market (BND) at 21.8% of the portfolio, followed by Ishr CR Unvrse Usd BD ETF-Ui (IUSB, 12.3%) and Isha Curr Hedged MSCI Eafe (HEFA, 6.9%). Compared with Q4 2024, it opened 5 new positions, sold out of 4, added to 9 and reduced 43. The biggest buy was Isha Curr Hedged MSCI Eafe (HEFA, shares +623%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −83%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001162695
- Portfolio Value
- $624.9M (Q1 2025)
- SEC Filing
- 0001162695-25-000002 ↗ filed May 15, 2025
Holdings Value
Holdings 57 stocks · $624.9M
| BND Vanguard Total Bond Market | 21.81% | 1,855,393 | $136.3M | Add +1.1% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 12.28% | 1,665,126 | $76.7M | Reduce -8.9% |
| HEFA Isha Curr Hedged MSCI Eafe | 6.86% | 1,182,002 | $42.9M | Add +623.2% |
| VEA Vanguard Ftse Developed ETF | 6.11% | 750,644 | $38.2M | Add +194.9% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 5.52% | 707,684 | $34.5M | Reduce -0.2% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 4.45% | 1,019,011 | $27.8M | Add +48.1% |
| IVW iShares S&P 500 Growth ETF | 3.55% | 238,867 | $22.2M | Add +0.8% |
| QUAL iShares MSCI USA Quality Fac | 3.55% | 129,720 | $22.2M | Add +0.7% |
| JPST JPMorgan Ultra-Short Income | 3.27% | 403,647 | $20.4M | Reduce -61.7% |
| GLDM SPDR Gold Minishares Trust | 3.02% | 304,593 | $18.9M | New |
| THRO iShares U.S. Thematic Rotati | 2.99% | 590,440 | $18.7M | New |
| IVE iShares S&P 500 Value ETF | 2.60% | 85,362 | $16.3M | New |
| BINC iShares Flex I A ETF-Usd Inc. | 2.28% | 271,841 | $14.2M | Add +1.1% |
| FLOT iShares Floating Rate Bond E | 2.18% | 266,757 | $13.6M | Reduce -61.9% |
| OEF iShares S&P 100 ETF | 1.79% | 41,393 | $11.2M | Add +86.1% |
| XLK SS Technology Select Sector | 1.78% | 53,896 | $11.1M | Add +2.8% |
| VOO Vanguard S&P 500 ETF | 1.53% | 18,599 | $9.6M | Reduce -82.6% |
| STIP iShares 0-5 Year Tips Bond E | 1.52% | 92,085 | $9.5M | New |
| SWI Solarwinds Corp. | 0.78% | 264,638 | $4.9M | Reduce -0.4% |
| EXLS Exlservice Holdings Inc. | 0.74% | 97,721 | $4.6M | Reduce -4.2% |
| USMV iShares MSCI USA Min Vol Fac | 0.60% | 40,109 | $3.8M | New |
| CCC CCC Intelligent Solutions Ho | 0.56% | 388,819 | $3.5M | Reduce -4.1% |
| PYCR Paycor HCM Inc. | 0.55% | 153,126 | $3.4M | Reduce -2.1% |
| IIIV I3 Verticals Inc. Class A | 0.53% | 133,424 | $3.3M | Reduce -0.3% |
| BLKB Blackbaud Inc. | 0.52% | 51,867 | $3.2M | Reduce -5.4% |
| CROX Crocs Inc. | 0.48% | 28,403 | $3.0M | Reduce -5.3% |
| FC Franklin Covey Co. | 0.45% | 102,805 | $2.8M | Reduce -3.1% |
| MEDP Medpace Holdings Inc. | 0.45% | 9,180 | $2.8M | Reduce -3.2% |
| INFA Informatica Inc. Class A | 0.44% | 156,384 | $2.7M | Reduce -3.3% |
| SN Sharkninja Inc. | 0.43% | 32,162 | $2.7M | Reduce -8.5% |
| WSC Willscot Holdings Corp. | 0.42% | 95,334 | $2.7M | Reduce -1.9% |
| WH Wyndham Hotels & Resorts Inc. | 0.42% | 29,069 | $2.6M | Reduce -0.4% |
| PBH Prestige Consumer Healthcare | 0.42% | 30,312 | $2.6M | Reduce -0.2% |
| YOU Clear Secure Inc. Class A | 0.41% | 99,270 | $2.6M | Reduce -0.3% |
| IMXI International Money Express | 0.39% | 193,140 | $2.4M | Reduce -4.7% |
| BL Blackline Inc. | 0.36% | 45,882 | $2.2M | Reduce -0.5% |
| OSW Onespaworld Holdings Ltd. | 0.35% | 129,579 | $2.2M | Reduce -0.3% |
| NSSC Napco Security Technologies | 0.34% | 92,959 | $2.1M | Reduce -5.5% |
| VRNT Verint Systems Inc. | 0.30% | 106,555 | $1.9M | Reduce -2.3% |
| GNTX Gentex Corp. | 0.30% | 80,607 | $1.9M | Reduce -3.9% |
| BV Brightview Holdings Inc. | 0.29% | 143,208 | $1.8M | Reduce -2.9% |
| HI Hillenbrand Inc. | 0.26% | 67,946 | $1.6M | Reduce -3.5% |
| PLOW Douglas Dynamics Inc. | 0.26% | 68,683 | $1.6M | Reduce -1.7% |
| CSCO Cisco Systems Inc. | 0.25% | 24,979 | $1.5M | Reduce -13.1% |
| SPSC SPS Commerce Inc. | 0.22% | 10,344 | $1.4M | Reduce -1.0% |
| EWCZ European Wax Center Inc. Class A | 0.18% | 284,348 | $1.1M | Reduce -3.2% |
| GOOG Alphabet Inc. Class C | 0.15% | 6,190 | $967K | Reduce -11.6% |
| V Visa Inc. Class A | 0.15% | 2,723 | $954K | Reduce -12.3% |
| SSTK Shutterstock Inc. | 0.15% | 51,058 | $951K | Reduce -4.2% |
| JNJ Johnson & Johnson | 0.13% | 5,028 | $834K | Reduce -11.3% |
| MSFT Microsoft Corp. | 0.12% | 1,941 | $729K | Reduce -17.2% |
| DPZ Domino's Pizza Inc. | 0.10% | 1,349 | $620K | Reduce -3.9% |
| PM Philip Morris International | 0.10% | 3,828 | $608K | Reduce -20.1% |
| PEP Pepsico Inc. | 0.09% | 3,868 | $580K | Reduce -5.2% |
| ORCL Oracle Corp. | 0.08% | 3,498 | $489K | Reduce -8.4% |
| TMO Thermo Fisher Scientific Inc. | 0.07% | 823 | $410K | Reduce -5.2% |
| ZBH Zimmer Biomet Holdings Inc. | 0.06% | 3,428 | $388K | Reduce -5.5% |
Portfolio Sells Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | Reduce -82.6% | 1.53% | −7.39 |
| JPST JPMorgan Ultra-Short Income | Reduce -61.7% | 3.27% | −4.95 |
| FLOT iShares Floating Rate Bond E | Reduce -61.9% | 2.18% | −3.33 |
| EFV iShares MSCI Eafe Value ETF | Sold out | 0.00% | −2.94 |
| EFG iShares MSCI Eafe Growth ETF | Sold out | 0.00% | −2.66 |
| IXC iShares Global Energy ETF | Sold out | 0.00% | −0.84 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -8.9% | 12.28% | −0.50 |
| IMXI International Money Express | Reduce -4.7% | 0.39% | −0.26 |
| INFA Informatica Inc. Class A | Reduce -3.3% | 0.44% | −0.21 |
| NSSC Napco Security Technologies | Reduce -5.5% | 0.34% | −0.20 |
| CCC CCC Intelligent Solutions Ho | Reduce -4.1% | 0.56% | −0.17 |
| FC Franklin Covey Co. | Reduce -3.1% | 0.45% | −0.16 |
| VRNT Verint Systems Inc. | Reduce -2.3% | 0.30% | −0.16 |
| EWCZ European Wax Center Inc. Class A | Reduce -3.2% | 0.18% | −0.12 |
| BLKB Blackbaud Inc. | Reduce -5.4% | 0.52% | −0.11 |
| SN Sharkninja Inc. | Reduce -8.5% | 0.43% | −0.10 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -0.2% | 5.52% | −0.10 |
| SSTK Shutterstock Inc. | Reduce -4.2% | 0.15% | −0.10 |
| WSC Willscot Holdings Corp. | Reduce -1.9% | 0.42% | −0.08 |
| BL Blackline Inc. | Reduce -0.5% | 0.36% | −0.08 |
| SPSC SPS Commerce Inc. | Reduce -1.0% | 0.22% | −0.08 |
| HI Hillenbrand Inc. | Reduce -3.5% | 0.26% | −0.07 |
| GNTX Gentex Corp. | Reduce -3.9% | 0.30% | −0.07 |
| BV Brightview Holdings Inc. | Reduce -2.9% | 0.29% | −0.07 |
| GDDY GoDaddy Inc. Class A | Sold out | 0.00% | −0.07 |
| OSW Onespaworld Holdings Ltd. | Reduce -0.3% | 0.35% | −0.05 |
| GOOG Alphabet Inc. Class C | Reduce -11.6% | 0.15% | −0.05 |
| MEDP Medpace Holdings Inc. | Reduce -3.2% | 0.45% | −0.04 |
| MSFT Microsoft Corp. | Reduce -17.2% | 0.12% | −0.04 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -0.4% | 0.42% | −0.03 |
| CROX Crocs Inc. | Reduce -5.3% | 0.48% | −0.03 |
| ORCL Oracle Corp. | Reduce -8.4% | 0.08% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -13.1% | 0.25% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.2% | 0.07% | −0.00 |
| PEP Pepsico Inc. | Reduce -5.2% | 0.09% | −0.00 |
| PLOW Douglas Dynamics Inc. | Reduce -1.7% | 0.26% | 0.00 |
| V Visa Inc. Class A | Reduce -12.3% | 0.15% | +0.00 |
| YOU Clear Secure Inc. Class A | Reduce -0.3% | 0.41% | +0.00 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -5.5% | 0.06% | +0.00 |
| JNJ Johnson & Johnson | Reduce -11.3% | 0.13% | +0.01 |
| DPZ Domino's Pizza Inc. | Reduce -3.9% | 0.10% | +0.01 |
| PM Philip Morris International | Reduce -20.1% | 0.10% | +0.01 |
| EXLS Exlservice Holdings Inc. | Reduce -4.2% | 0.74% | +0.04 |
| IIIV I3 Verticals Inc. Class A | Reduce -0.3% | 0.53% | +0.05 |
| PBH Prestige Consumer Healthcare | Reduce -0.2% | 0.42% | +0.05 |
| PYCR Paycor HCM Inc. | Reduce -2.1% | 0.55% | +0.10 |
| SWI Solarwinds Corp. | Reduce -0.4% | 0.78% | +0.19 |
Portfolio Buys Q4 2024 → Q1 2025
| HEFA Isha Curr Hedged MSCI Eafe | Add +623.2% | 6.86% | +5.99 |
| VEA Vanguard Ftse Developed ETF | Add +194.9% | 6.11% | +4.22 |
| GLDM SPDR Gold Minishares Trust | New | 3.02% | +3.02 |
| THRO iShares U.S. Thematic Rotati | New | 2.99% | +2.99 |
| IVE iShares S&P 500 Value ETF | New | 2.60% | +2.60 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Add +48.1% | 4.45% | +1.66 |
| STIP iShares 0-5 Year Tips Bond E | New | 1.52% | +1.52 |
| BND Vanguard Total Bond Market | Add +1.1% | 21.81% | +1.40 |
| OEF iShares S&P 100 ETF | Add +86.1% | 1.79% | +0.80 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.60% | +0.60 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +1.1% | 2.28% | +0.12 |
| QUAL iShares MSCI USA Quality Fac | Add +0.7% | 3.55% | −0.00 |
| XLK SS Technology Select Sector | Add +2.8% | 1.78% | −0.11 |
| IVW iShares S&P 500 Growth ETF | Add +0.8% | 3.55% | −0.17 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 37 | $664.0M | BND, VOO, IUSB, DYNF, SPTL |
| Q1 2026 | 40 | $618.1M | BND, VOO, IUSB, SPTL, DYNF |
| Q4 2025 | 45 | $603.5M | BND, IUSB, JPST, VEA, SPTL |
| Q3 2025 | 59 | $649.5M | BND, IUSB, VEA, JPST, SPTL |
| Q2 2025 | 57 | $678.4M | BND, IUSB, HEFA, VEA, DYNF |
| Q1 2025 | 57 | $624.9M | BND, IUSB, HEFA, VEA, DYNF |
| Q4 2024 | 56 | $646.5M | BND, IUSB, VOO, JPST, DYNF |
| Q3 2024 | 58 | $649.3M | BND, IUSB, VOO, JPST, DYNF |
| Q2 2024 | 56 | $630.3M | BND, IUSB, VOO, DYNF, JPST |
| Q1 2024 | 52 | $582.0M | BND, IUSB, VOO, EFV, EFG |