McMorgan & Co. LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), McMorgan & Co. LLC reported 57 stock positions worth $678.4 million. Its top holding was Vanguard Total Bond Market (BND) at 20.2% of the portfolio, followed by Ishr CR Unvrse Usd BD ETF-Ui (IUSB, 11.4%) and Isha Curr Hedged MSCI Eafe (HEFA, 6.5%). Compared with Q1 2025, it opened 2 new positions, sold out of 2, added to 38 and reduced 17. The biggest buy was JPMorgan Ultra-Short Income (JPST, shares +76%) and the biggest sale an exit from Solarwinds (SWI).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001162695
- Portfolio Value
- $678.4M (Q2 2025)
- SEC Filing
- 0001162695-25-000003 ↗ filed Aug 13, 2025
Holdings Value
Holdings 57 stocks · $678.4M
| BND Vanguard Total Bond Market | 20.25% | 1,865,460 | $137.4M | Add +0.5% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 11.37% | 1,668,414 | $77.1M | Add +0.2% |
| HEFA Isha Curr Hedged MSCI Eafe | 6.53% | 1,166,527 | $44.3M | Reduce -1.3% |
| VEA Vanguard Ftse Developed ETF | 6.11% | 727,043 | $41.4M | Reduce -3.1% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 5.60% | 697,404 | $38.0M | Reduce -1.4% |
| JPST JPMorgan Ultra-Short Income | 5.31% | 710,250 | $36.0M | Add +76.0% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 4.03% | 1,028,294 | $27.3M | Add +0.9% |
| IVW iShares S&P 500 Growth ETF | 3.80% | 234,140 | $25.8M | Reduce -2.0% |
| FLOT iShares Floating Rate Bond E | 3.54% | 470,409 | $24.0M | Add +76.3% |
| QUAL iShares MSCI USA Quality Fac | 3.48% | 129,214 | $23.6M | Reduce -0.4% |
| THRO iShares U.S. Thematic Rotati | 3.06% | 583,143 | $20.7M | Reduce -1.2% |
| GLDM SPDR Gold Minishares Trust | 2.77% | 286,658 | $18.8M | Reduce -5.9% |
| IVE iShares S&P 500 Value ETF | 2.42% | 84,161 | $16.4M | Reduce -1.4% |
| BINC iShares Flex I A ETF-Usd Inc. | 2.12% | 271,612 | $14.4M | Reduce -0.1% |
| XLK SS Technology Select Sector | 2.03% | 54,369 | $13.8M | Add +0.9% |
| OEF iShares S&P 100 ETF | 1.84% | 40,998 | $12.5M | Reduce -0.9% |
| VOO Vanguard S&P 500 ETF | 1.48% | 17,696 | $10.1M | Reduce -4.9% |
| STIP iShares 0-5 Year Tips Bond E | 1.41% | 93,127 | $9.6M | Add +1.1% |
| INFA Informatica Inc. Class A | 0.69% | 191,494 | $4.7M | Add +22.4% |
| EXLS Exlservice Holdings Inc. | 0.62% | 96,208 | $4.2M | Reduce -1.6% |
| SN Sharkninja Inc. | 0.61% | 41,639 | $4.1M | Add +29.5% |
| NSSC Napco Security Technologies | 0.57% | 131,073 | $3.9M | Add +41.0% |
| CCC CCC Intelligent Solutions Ho | 0.56% | 401,197 | $3.8M | Add +3.2% |
| IIIV I3 Verticals Inc. Class A | 0.54% | 132,799 | $3.6M | Reduce -0.5% |
| USMV iShares MSCI USA Min Vol Fac | 0.54% | 38,700 | $3.6M | Reduce -3.5% |
| BL Blackline Inc. | 0.52% | 62,530 | $3.5M | Add +36.3% |
| YOU Clear Secure Inc. Class A | 0.52% | 126,817 | $3.5M | Add +27.8% |
| BLKB Blackbaud Inc. | 0.51% | 54,392 | $3.5M | Add +4.9% |
| CROX Crocs Inc. | 0.44% | 29,791 | $3.0M | Add +4.9% |
| MEDP Medpace Holdings Inc. | 0.43% | 9,395 | $2.9M | Add +2.3% |
| WSC Willscot Holdings Corp. | 0.43% | 106,592 | $2.9M | Add +11.8% |
| OSW Onespaworld Holdings Ltd. | 0.39% | 128,979 | $2.6M | Reduce -0.5% |
| BV Brightview Holdings Inc. | 0.36% | 146,476 | $2.4M | Add +2.3% |
| PBH Prestige Consumer Healthcare | 0.36% | 30,187 | $2.4M | Reduce -0.4% |
| FC Franklin Covey Co. | 0.35% | 105,345 | $2.4M | Add +2.5% |
| WH Wyndham Hotels & Resorts Inc. | 0.35% | 28,934 | $2.3M | Reduce -0.5% |
| THRY Thryv Holdings Inc. | 0.32% | 177,139 | $2.2M | New |
| VRNT Verint Systems Inc. | 0.31% | 108,248 | $2.1M | Add +1.6% |
| PLOW Douglas Dynamics Inc. | 0.30% | 69,033 | $2.0M | Add +0.5% |
| IMXI International Money Express | 0.30% | 200,933 | $2.0M | Add +4.0% |
| CSCO Cisco Systems Inc. | 0.29% | 27,932 | $1.9M | Add +11.8% |
| SPSC SPS Commerce Inc. | 0.28% | 14,201 | $1.9M | Add +37.3% |
| GNTX Gentex Corp. | 0.27% | 83,117 | $1.8M | Add +3.1% |
| JAMF Jamf Holding Corp. filed as JAMF HLDG CORP | 0.26% | 187,071 | $1.8M | New |
| EWCZ European Wax Center Inc. Class A | 0.24% | 291,400 | $1.6M | Add +2.5% |
| HI Hillenbrand Inc. | 0.21% | 69,776 | $1.4M | Add +2.7% |
| GOOG Alphabet Inc. Class C | 0.18% | 6,780 | $1.2M | Add +9.5% |
| MSFT Microsoft Corp. | 0.17% | 2,311 | $1.1M | Add +19.1% |
| V Visa Inc. Class A | 0.16% | 3,068 | $1.1M | Add +12.7% |
| SSTK Shutterstock Inc. | 0.15% | 52,506 | $996K | Add +2.8% |
| PM Philip Morris International | 0.13% | 4,693 | $855K | Add +22.6% |
| JNJ Johnson & Johnson | 0.12% | 5,512 | $842K | Add +9.6% |
| ORCL Oracle Corp. | 0.12% | 3,707 | $811K | Add +6.0% |
| DPZ Domino's Pizza Inc. | 0.09% | 1,384 | $624K | Add +2.6% |
| PEP Pepsico Inc. | 0.08% | 4,038 | $533K | Add +4.4% |
| TMO Thermo Fisher Scientific Inc. | 0.05% | 853 | $346K | Add +3.6% |
| ZBH Zimmer Biomet Holdings Inc. | 0.05% | 3,598 | $328K | Add +5.0% |
Portfolio Sells Q1 2025 → Q2 2025
| SWI Solarwinds Corp. | Sold out | 0.00% | −0.78 |
| PYCR Paycor HCM Inc. | Sold out | 0.00% | −0.55 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -1.3% | 6.53% | −0.34 |
| GLDM SPDR Gold Minishares Trust | Reduce -5.9% | 2.77% | −0.25 |
| IVE iShares S&P 500 Value ETF | Reduce -1.4% | 2.42% | −0.18 |
| BINC iShares Flex I A ETF-Usd Inc. | Reduce -0.1% | 2.12% | −0.16 |
| EXLS Exlservice Holdings Inc. | Reduce -1.6% | 0.62% | −0.12 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -0.5% | 0.35% | −0.07 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -3.5% | 0.54% | −0.07 |
| QUAL iShares MSCI USA Quality Fac | Reduce -0.4% | 3.48% | −0.07 |
| PBH Prestige Consumer Healthcare | Reduce -0.4% | 0.36% | −0.06 |
| VOO Vanguard S&P 500 ETF | Reduce -4.9% | 1.48% | −0.05 |
| VEA Vanguard Ftse Developed ETF | Reduce -3.1% | 6.11% | +0.00 |
| IIIV I3 Verticals Inc. Class A | Reduce -0.5% | 0.54% | +0.01 |
| OSW Onespaworld Holdings Ltd. | Reduce -0.5% | 0.39% | +0.04 |
| OEF iShares S&P 100 ETF | Reduce -0.9% | 1.84% | +0.05 |
| THRO iShares U.S. Thematic Rotati | Reduce -1.2% | 3.06% | +0.06 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -1.4% | 5.60% | +0.08 |
| IVW iShares S&P 500 Growth ETF | Reduce -2.0% | 3.80% | +0.25 |
Portfolio Buys Q1 2025 → Q2 2025
| JPST JPMorgan Ultra-Short Income | Add +76.0% | 5.31% | +2.04 |
| FLOT iShares Floating Rate Bond E | Add +76.3% | 3.54% | +1.36 |
| THRY Thryv Holdings Inc. | New | 0.32% | +0.32 |
| JAMF Jamf Holding Corp. | New | 0.26% | +0.26 |
| INFA Informatica Inc. Class A | Add +22.4% | 0.69% | +0.25 |
| XLK SS Technology Select Sector | Add +0.9% | 2.03% | +0.25 |
| NSSC Napco Security Technologies | Add +41.0% | 0.57% | +0.23 |
| SN Sharkninja Inc. | Add +29.5% | 0.61% | +0.18 |
| BL Blackline Inc. | Add +36.3% | 0.52% | +0.17 |
| YOU Clear Secure Inc. Class A | Add +27.8% | 0.52% | +0.11 |
| BV Brightview Holdings Inc. | Add +2.3% | 0.36% | +0.07 |
| SPSC SPS Commerce Inc. | Add +37.3% | 0.28% | +0.07 |
| EWCZ European Wax Center Inc. Class A | Add +2.5% | 0.24% | +0.06 |
| MSFT Microsoft Corp. | Add +19.1% | 0.17% | +0.05 |
| PLOW Douglas Dynamics Inc. | Add +0.5% | 0.30% | +0.04 |
| ORCL Oracle Corp. | Add +6.0% | 0.12% | +0.04 |
| CSCO Cisco Systems Inc. | Add +11.8% | 0.29% | +0.04 |
| PM Philip Morris International | Add +22.6% | 0.13% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +9.5% | 0.18% | +0.02 |
| VRNT Verint Systems Inc. | Add +1.6% | 0.31% | +0.01 |
| V Visa Inc. Class A | Add +12.7% | 0.16% | +0.01 |
| WSC Willscot Holdings Corp. | Add +11.8% | 0.43% | +0.01 |
| BLKB Blackbaud Inc. | Add +4.9% | 0.51% | −0.00 |
| CCC CCC Intelligent Solutions Ho | Add +3.2% | 0.56% | −0.01 |
| SSTK Shutterstock Inc. | Add +2.8% | 0.15% | −0.01 |
| DPZ Domino's Pizza Inc. | Add +2.6% | 0.09% | −0.01 |
| JNJ Johnson & Johnson | Add +9.6% | 0.12% | −0.01 |
| MEDP Medpace Holdings Inc. | Add +2.3% | 0.43% | −0.01 |
| ZBH Zimmer Biomet Holdings Inc. | Add +5.0% | 0.05% | −0.01 |
| PEP Pepsico Inc. | Add +4.4% | 0.08% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +3.6% | 0.05% | −0.01 |
| GNTX Gentex Corp. | Add +3.1% | 0.27% | −0.03 |
| CROX Crocs Inc. | Add +4.9% | 0.44% | −0.04 |
| HI Hillenbrand Inc. | Add +2.7% | 0.21% | −0.06 |
| IMXI International Money Express | Add +4.0% | 0.30% | −0.09 |
| FC Franklin Covey Co. | Add +2.5% | 0.35% | −0.10 |
| STIP iShares 0-5 Year Tips Bond E | Add +1.1% | 1.41% | −0.11 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Add +0.9% | 4.03% | −0.42 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +0.2% | 11.37% | −0.91 |
| BND Vanguard Total Bond Market | Add +0.5% | 20.25% | −1.56 |
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 |