MLG Wealth Management DBA Pine Grove Financial Group

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed September 2, 2026), MLG Wealth Management DBA Pine Grove Financial Group reported 218 stock positions worth $990.2 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 7.5% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 6.9%) and Ishr CR Unvrse Usd BD ETF-Ui (IUSB, 5.5%). Compared with Q1 2026, it opened 37 new positions, sold out of 9, added to 88 and reduced 83. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +63%) and the biggest sale iShares MSCI Eafe Value ETF (EFV, shares −53%).

Most Recent 13F
Q2 2026
Location
WOODBURY, MN
CIK
0002149956
Portfolio Value
$990.2M (Q2 2026)
SEC Filing
0001754960-26-000790 ↗ filed Sep 2, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q4 2025: $828.8M Q4 2025 Q1 2026: $860.4M Q1 2026 Q2 2026: $990.2M $990.2M Q2 2026

Holdings 218 stocks · $990.2M
IVV iShares Core S&P 500 ETF 7.49% 98,908 $74.2M Add +63.0%
VOO Vanguard S&P 500 ETF 6.93% 99,666 $68.6M Add +5.5%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 5.49% 1,177,018 $54.3M Add +37.0%
JCPB JPMorgan Core Plus Bond ETF 5.42% 1,140,151 $53.6M Add +9.5%
FLCE Frontier Aset US L CP Eq ETF 3.66% 1,162,129 $36.3M Add +4.3%
FINT Frontier Ast T Ination E ETF 3.23% 889,980 $32.0M Add +20.6%
IVW iShares S&P 500 Growth ETF 2.85% 205,261 $28.3M Add +0.5%
DYNF Ishrs US E F R A ETF-Usd Inc. 2.81% 409,297 $27.9M Add +2.7%
IVE iShares S&P 500 Value ETF 2.42% 105,567 $24.0M Reduce -13.2%
FGSM Frontier Global Smal Cap ETF 2.40% 680,412 $23.7M Reduce -0.1%
DFAC Dimensional US Core Equity 2 2.30% 512,692 $22.7M Reduce -4.9%
FCBD Frontier Asset Core Bond ETF 2.03% 795,456 $20.1M Add +1.6%
JIRE JPMorgan Int Res Enh Eqty 2.01% 241,190 $19.9M Add +10.7%
SCHZ Schwab US Aggregate Bond ETF 1.93% 822,511 $19.1M Add +5.0%
IEMG iShares Core MSCI Emerging 1.88% 225,212 $18.7M Reduce -27.8%
JEMA JPMorgan Activebuilders Emer 1.54% 237,797 $15.2M Reduce -3.9%
MBB iShares MBS ETF 1.52% 159,607 $15.1M Add +14.6%
GOVT iShares US Treasury Bond ETF 1.51% 658,297 $15.0M Add +15.8%
BAI Ishrs AI in and Tech Act ETF 1.47% 275,657 $14.5M Reduce -18.9%
BBUS JPMorgan Betabuilders US Equ 1.47% 110,161 $14.5M Add +17.5%
FELG Fidelity Enh LRG Cap GWTH 1.46% 329,684 $14.5M Reduce -14.1%
EFG iShares MSCI Eafe Growth ETF 1.44% 114,770 $14.3M Add +8.0%
FOPC Frontier Ast Oport Crdit ETF 1.36% 532,909 $13.5M Add +2.6%
JGRO JPMorgan Active Growth ETF 1.33% 134,552 $13.2M Reduce -14.9%
MTUM iShares MSCI USA Momentum Fa 1.20% 34,709 $11.9M Reduce -19.2%
BLCR iShares LRG CP CR Act ETF-Ui 1.13% 221,691 $11.2M Add +12.1%
WTV Wisdomtree U.S. Value Fund 1.12% 108,467 $11.1M Add +2.0%
JAVA JPMorgan Active Value ETF 1.06% 133,932 $10.5M Reduce -5.2%
TLH iShares 10-20 Year Treasury 1.05% 103,271 $10.4M Reduce -23.5%
IALT Ishrs SYS Alt Act ETF 0.94% 330,927 $9.3M New
EFV iShares MSCI Eafe Value ETF 0.93% 119,863 $9.2M Reduce -52.7%
CORO Ish Intl CTRY Rot Act ETF 0.88% 239,011 $8.7M New
VTEB Vanguard Tax-Exempt Bond ETF 0.88% 171,573 $8.7M Add +12.0%
THRO iShares U.S. Thematic Rotati 0.87% 198,612 $8.6M Reduce -31.2%
GGOV iShares Global GB Usd Ha ETF 0.84% 165,748 $8.3M New
IDEF Ishars Def Ind TC Ac ETF-Ui 0.83% 257,487 $8.2M Add +20.9%
MUB iShares National Muni Bond E 0.76% 69,459 $7.5M Reduce -9.6%
AAPL Apple Inc. 0.70% 23,984 $6.9M Add +28.3%
JPIE JPMorgan Income ETF 0.68% 146,916 $6.8M Add +3.9%
JGLO JPMorgan GLBL SLCT Eq ETF 0.66% 91,153 $6.5M Reduce -43.7%
DFAX Dimensional World Ex US Core 0.61% 164,248 $6.1M Reduce -1.0%
FARX Frontier Asst Absolute R ETF 0.59% 202,144 $5.8M Reduce -1.5%
HELO JPMorgan Hedged Equity ETF 0.58% 84,919 $5.8M Add +2.5%
MMM 3M Co. 0.55% 33,384 $5.4M Reduce -6.1%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.54% 153,557 $5.3M Reduce -3.6%
JBND JPMorgan Active Bond ETF 0.53% 99,779 $5.3M Add +71.8%
DFAS Dimensional US Small Cap ETF 0.51% 60,797 $5.0M Reduce -0.1%
LMUB iShares LT National Muni BD 0.50% 96,086 $4.9M Add +74.9%
OEF iShares S&P 100 ETF 0.47% 12,672 $4.6M Reduce -2.2%
YLD Principal Act Hi YLD ETF 0.47% 240,529 $4.6M Reduce 0.0%
XLK SS Technology Select Sector 0.46% 23,904 $4.6M Add +1.1%
VYMI Vanguard Int High DVD YLD Inc. 0.44% 43,938 $4.3M Reduce -0.8%
JMEE JPM Sma & Mid Cap En Eq Et-U filed as J P MORGAN EXCHANGE TRADED F 0.42% 53,206 $4.2M Reduce -0.7%
NVDA Nvidia Corp. 0.39% 19,481 $3.9M Add +5.0%
IAU iShares Gold Trust 0.36% 47,060 $3.5M Add +13.4%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.32% 9,311 $3.2M Add +6.6%
UNH Unitedhealth Group Inc. 0.30% 7,231 $3.0M Add +21.6%
DFSU Dimensional US Sus CORE1 ETF 0.30% 63,853 $3.0M Add +0.2%
XLC SS Comm Select Sector SPDR 0.28% 25,793 $2.8M Add +1.7%
BND Vanguard Total Bond Market 0.27% 36,296 $2.7M Add +6.4%
BBAG JPMorgan Betabuilders US Agg 0.25% 54,633 $2.5M Reduce -1.0%
MSFT Microsoft Corp. 0.24% 6,275 $2.3M Add +3.7%
SUB iShares Short-Term National 0.23% 21,644 $2.3M Reduce -3.1%
BINC iShares Flex I A ETF-Usd Inc. 0.23% 43,817 $2.3M Reduce -67.9%
PRF Invesco Rafi US 1000 ETF 0.21% 39,249 $2.1M Reduce -2.9%
SCHF Schwab Intl Equity ETF 0.20% 72,677 $2.0M Add +0.1%
AMZN Amazon.com Inc. 0.20% 8,272 $2.0M Add +21.2%
STIP iShares 0-5 Year Tips Bond E 0.20% 18,924 $1.9M Add +61.5%
AGG iShares Core U.S. Aggregate 0.18% 18,013 $1.8M Reduce -31.0%
GOOG Alphabet Inc. Class C 0.18% 4,999 $1.8M Add +20.0%
RPG Invesco S&P 500 Pure Growth 0.17% 26,770 $1.7M Reduce -3.5%
SYSB iShares Systematic Bond ETF 0.16% 17,957 $1.6M Add +18.1%
IYW iShares Ustechnology ETF 0.16% 6,238 $1.6M Reduce -7.1%
JUSA JPM US Rsrch Enhnc L Cap ETF filed as J P MORGAN EXCHANGE TRADED F 0.15% 22,807 $1.5M New
IWD iShares Russell 1000 Value E 0.15% 6,205 $1.5M Add +0.0%
QUAL iShares MSCI USA Quality Fac 0.15% 6,716 $1.5M Reduce -89.1%
IEFA iShares Core MSCI Eafe ETF 0.14% 14,859 $1.4M Add +16.1%
GOOGL Alphabet Inc. Class A 0.14% 3,959 $1.4M Add +64.9%
ESGU iShares ESG Aware MSCI USA 0.14% 8,619 $1.4M Reduce -3.9%
DFAI Dimensional International Co. 0.13% 31,902 $1.3M Reduce -3.6%
BBIN JPM Betabuilders Intl Eqty filed as J P MORGAN EXCHANGE TRADED F 0.13% 16,405 $1.3M Reduce -4.7%
GLOF iShares Global Equity Factor 0.13% 21,332 $1.3M Reduce -4.1%
IWF iShares Russell 1000 Growth 0.13% 10,077 $1.3M Add +1.3%
IUSG iShares Core S&P U.S. Growth 0.12% 6,528 $1.2M No change
SPYG SS SPDR P S&P 500 Growth ETF 0.12% 10,180 $1.2M Reduce -5.0%
IJR iShares Core S&P Small-Cap E 0.12% 7,788 $1.2M Add +3.1%
BG Bunge Global SA 0.11% 10,456 $1.1M New
ITOT iShares Core S&P Total U.S. 0.11% 6,717 $1.1M Reduce -5.3%
DCI Donaldson Co. Inc. 0.11% 12,205 $1.1M Reduce -1.7%
BRK.B Berkshire Hathaway Inc. Class B 0.11% 2,166 $1.1M Add +38.7%
LCTU iShares U.S. Carbon Transiti 0.11% 12,979 $1.0M Reduce -6.4%
SPYV SS SPDR P S&P 500 Value ETF 0.10% 17,036 $1.0M Reduce -5.7%
EAGG iShares ESG Aware US Aggrega 0.10% 21,748 $1.0M Add +10.0%
IUSV iShares Core S&P U.S. Value 0.10% 9,147 $1.0M No change
AVGO Broadcom Inc. 0.10% 2,602 $975K Add +18.4%
VGSR Vert GLB Sust Re ETF filed as MANAGER DIRECTED PORTFOLIOS 0.10% 82,721 $942K Add +1.1%
DFSI Dimensional Int Sus COR1 ETF 0.09% 20,764 $936K Add +1.0%
TSLA Tesla Inc. 0.09% 2,175 $915K Add +117.7%
FNDA Schwab Fndmntl US SM Co. ETF 0.09% 23,959 $912K Reduce -1.9%
JIVE JPM Interntl Value ETF filed as J P MORGAN EXCHANGE TRADED F 0.09% 9,693 $891K Add +71.5%

Show all 218 holdings

Portfolio Sells Q1 2026 → Q2 2026
EFV iShares MSCI Eafe Value ETF Reduce -52.7% 0.93% −1.26
QUAL iShares MSCI USA Quality Fac Reduce -89.1% 0.15% −1.23
IAGG iShares Intl Aggregate Bond Sold out 0.00% −0.97
FGSM Frontier Global Smal Cap ETF Reduce -0.1% 2.40% −0.69
IEMG iShares Core MSCI Emerging Reduce -27.8% 1.88% −0.65
BINC iShares Flex I A ETF-Usd Inc. Reduce -67.9% 0.23% −0.59
JGLO JPMorgan GLBL SLCT Eq ETF Reduce -43.7% 0.66% −0.58
IVE iShares S&P 500 Value ETF Reduce -13.2% 2.42% −0.56
TLH iShares 10-20 Year Treasury Reduce -23.5% 1.05% −0.53
THRO iShares U.S. Thematic Rotati Reduce -31.2% 0.87% −0.35
JGRO JPMorgan Active Growth ETF Reduce -14.9% 1.33% −0.23
FELG Fidelity Enh LRG Cap GWTH Reduce -14.1% 1.46% −0.22
MUB iShares National Muni Bond E Reduce -9.6% 0.76% −0.19
DFAC Dimensional US Core Equity 2 Reduce -4.9% 2.30% −0.14
AGG iShares Core U.S. Aggregate Reduce -31.0% 0.18% −0.12
JAVA JPMorgan Active Value ETF Reduce -5.2% 1.06% −0.12
FARX Frontier Asst Absolute R ETF Reduce -1.5% 0.59% −0.09
YLD Principal Act Hi YLD ETF Reduce 0.0% 0.47% −0.07
MMM 3M Co. Reduce -6.1% 0.55% −0.05
VYMI Vanguard Int High DVD YLD Inc. Reduce -0.8% 0.44% −0.05
TLT iShares 20+ Year Treasury BD Sold out 0.00% −0.05
BBAG JPMorgan Betabuilders US Agg Reduce -1.0% 0.25% −0.05
DFAX Dimensional World Ex US Core Reduce -1.0% 0.61% −0.04
SUB iShares Short-Term National Reduce -3.1% 0.23% −0.04
ICVT iShares Convertible Bond ETF Sold out 0.00% −0.04
SUSC iShares ESG Aware Usd Corpor Reduce -21.1% 0.08% −0.04
SPTL SS SPDR PF LNG TRM TSY E-Usd Reduce -56.1% 0.02% −0.04
MDT Medtronic PLC Sold out 0.00% −0.03
IDEV iShares Core MSCI Dev MKTS Sold out 0.00% −0.03
MCD McDonald's Corp. Sold out 0.00% −0.03
MSTR Strategy Inc. Sold out 0.00% −0.03
ESGD iShares Trust iShares ESG Aw Sold out 0.00% −0.02
ISRG Intuitive Surgical Inc. Reduce -1.2% 0.06% −0.02
CVX Chevron Corp. Reduce -2.0% 0.04% −0.02
IBIT iShares Bitcoin Trust ETF Reduce -15.8% 0.03% −0.02
BBIN JPM Betabuilders Intl Eqty Reduce -4.7% 0.13% −0.02
DFAI Dimensional International Co. Reduce -3.6% 0.13% −0.02
VGSH Vanguard Short-Term Treasury Reduce -2.4% 0.09% −0.02
VGIT Vanguard Intermediate-Term T Reduce -0.8% 0.09% −0.02
SPYV SS SPDR P S&P 500 Value ETF Reduce -5.7% 0.10% −0.01
CRM Salesforce Inc. Reduce -16.0% 0.02% −0.01
NOW ServiceNow Inc. Reduce -16.4% 0.03% −0.01
DCI Donaldson Co. Inc. Reduce -1.7% 0.11% −0.01
BNDX Vanguard Total Intl Bond ETF Reduce -7.3% 0.05% −0.01
OEF iShares S&P 100 ETF Reduce -2.2% 0.47% −0.01
SHOP Shopify Inc. Class A Reduce -3.2% 0.04% −0.01
CGXU Cap Group Intl Focus Reduce -3.6% 0.54% −0.01
ECL Ecolab Inc. Reduce -12.7% 0.04% −0.01
ILCV iShares Morningstar Value Et Reduce -24.2% 0.02% −0.01
PRF Invesco Rafi US 1000 ETF Reduce -2.9% 0.21% −0.01

Portfolio Buys Q1 2026 → Q2 2026
IVV iShares Core S&P 500 ETF Add +63.0% 7.49% +2.88
IALT Ishrs SYS Alt Act ETF New 0.94% +0.94
CORO Ish Intl CTRY Rot Act ETF New 0.88% +0.88
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +37.0% 5.49% +0.87
GGOV iShares Global GB Usd Ha ETF New 0.84% +0.84
FINT Frontier Ast T Ination E ETF Add +20.6% 3.23% +0.41
VOO Vanguard S&P 500 ETF Add +5.5% 6.93% +0.35
BBUS JPMorgan Betabuilders US Equ Add +17.5% 1.47% +0.19
BLCR iShares LRG CP CR Act ETF-Ui Add +12.1% 1.13% +0.19
LMUB iShares LT National Muni BD Add +74.9% 0.50% +0.18
JBND JPMorgan Active Bond ETF Add +71.8% 0.53% +0.17
IVW iShares S&P 500 Growth ETF Add +0.5% 2.85% +0.17
JUSA JPM US Rsrch Enhnc L Cap ETF New 0.15% +0.15
AAPL Apple Inc. Add +28.3% 0.70% +0.15
FLCE Frontier Aset US L CP Eq ETF Add +4.3% 3.66% +0.12
DYNF Ishrs US E F R A ETF-Usd Inc. Add +2.7% 2.81% +0.12
UNH Unitedhealth Group Inc. Add +21.6% 0.30% +0.12
BG Bunge Global SA New 0.11% +0.11
XLK SS Technology Select Sector Add +1.1% 0.46% +0.09
JIRE JPMorgan Int Res Enh Eqty Add +10.7% 2.01% +0.09
MU Micron Technology Inc. New 0.08% +0.08
AMD Advanced Micro Devices New 0.07% +0.07
EFG iShares MSCI Eafe Growth ETF Add +8.0% 1.44% +0.07
GOOGL Alphabet Inc. Class A Add +64.9% 0.14% +0.06
OUST Ouster Inc. New 0.06% +0.06
STIP iShares 0-5 Year Tips Bond E Add +61.5% 0.20% +0.05
TSLA Tesla Inc. Add +117.7% 0.09% +0.05
LRCX Lam Research Corp. New 0.05% +0.05
SUSB iShares ESG Aware 1-5 Year U New 0.04% +0.04
GOOG Alphabet Inc. Class C Add +20.0% 0.18% +0.04
AMAT Applied Materials Inc. New 0.04% +0.04
IWR iShares Russell Mid-Cap ETF New 0.04% +0.04
AXP American Express Co. New 0.04% +0.04
JIVE JPM Interntl Value ETF Add +71.5% 0.09% +0.03
AMZN Amazon.com Inc. Add +21.2% 0.20% +0.03
JPST JPMorgan Ultra-Short Income New 0.03% +0.03
PM Philip Morris International New 0.03% +0.03
SPYM Ste STR SPDR PT S&P 500 ETF New 0.03% +0.03
SNDK Sandisk Corp. New 0.03% +0.03
XLF SS Financial Select Sector New 0.03% +0.03
GE General Electric New 0.03% +0.03
PANW Palo Alto Networks Inc. New 0.02% +0.02
SPAB SS SPDR P Agg Bond ETF New 0.02% +0.02
TSM Taiwan Semiconductor-SP ADR New 0.02% +0.02
FNDX Schwab Fndmntl US LRG Co. ETF New 0.02% +0.02
SPSM SS SPDR P S&P 600 Small Cap New 0.02% +0.02
TXN Texas Instruments Inc. New 0.02% +0.02
BRK.B Berkshire Hathaway Inc. Class B Add +38.7% 0.11% +0.02
XLV SS Health Care Select Sector New 0.02% +0.02
BIV Vanguard Intermediate-Term B New 0.02% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 218$990.2MIVV, VOO, IUSB, JCPB, FLCE
Q1 2026 189$860.4MVOO, JCPB, IUSB, IVV, FLCE
Q4 2025 191$828.8MVOO, JCPB, IUSB, IVV, FLCE