MLG Wealth Management DBA Pine Grove Financial Group
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed September 2, 2026), MLG Wealth Management DBA Pine Grove Financial Group reported 189 stock positions worth $860.4 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 6.6% of the portfolio, followed by JPMorgan Core Plus Bond ETF (JCPB, 5.7%) and Ishr CR Unvrse Usd BD ETF-Ui (IUSB, 4.6%). Compared with Q4 2025, it opened 11 new positions, sold out of 13, added to 98 and reduced 65. The biggest buy was JPMorgan Int Res Enh Eqty (JIRE, shares +863%) and the biggest sale iShares S&P 100 ETF (OEF, shares −80%).
- Most Recent 13F
- Q2 2026
- Location
- WOODBURY, MN
- CIK
- 0002149956
- Portfolio Value
- $860.4M (Q1 2026)
- SEC Filing
- 0001754960-26-000789 ↗ filed Sep 2, 2026
Holdings Value
Holdings 189 stocks · $860.4M
| VOO Vanguard S&P 500 ETF | 6.58% | 94,455 | $56.7M | Add +10.2% |
| JCPB JPMorgan Core Plus Bond ETF | 5.71% | 1,041,186 | $49.1M | Add +16.2% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 4.61% | 859,131 | $39.7M | Add +6.4% |
| IVV iShares Core S&P 500 ETF | 4.61% | 60,671 | $39.6M | Add +29.8% |
| FLCE Frontier Aset US L CP Eq ETF | 3.54% | 1,114,501 | $30.5M | Add +12.6% |
| FGSM Frontier Global Smal Cap ETF | 3.08% | 851,594 | $26.5M | Reduce -8.1% |
| IVE iShares S&P 500 Value ETF | 2.98% | 121,546 | $25.7M | Reduce -6.8% |
| FINT Frontier Ast T Ination E ETF | 2.82% | 737,644 | $24.2M | Add +1.5% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 2.69% | 398,501 | $23.2M | Reduce -10.8% |
| IVW iShares S&P 500 Growth ETF | 2.69% | 204,257 | $23.1M | Add +7.0% |
| IEMG iShares Core MSCI Emerging | 2.53% | 312,099 | $21.8M | Reduce -4.7% |
| DFAC Dimensional US Core Equity 2 | 2.44% | 539,257 | $21.0M | Reduce -0.0% |
| FCBD Frontier Asset Core Bond ETF | 2.31% | 783,077 | $19.8M | Reduce -3.5% |
| EFV iShares MSCI Eafe Value ETF | 2.19% | 253,216 | $18.8M | Add +1.3% |
| SCHZ Schwab US Aggregate Bond ETF | 2.12% | 783,619 | $18.2M | Add +5.4% |
| JIRE JPMorgan Int Res Enh Eqty | 1.93% | 217,941 | $16.6M | Add +863.0% |
| FELG Fidelity Enh LRG Cap GWTH | 1.68% | 383,558 | $14.5M | Reduce -1.1% |
| TLH iShares 10-20 Year Treasury | 1.58% | 134,940 | $13.6M | Reduce -1.2% |
| JGRO JPMorgan Active Growth ETF | 1.56% | 158,185 | $13.4M | Reduce -2.3% |
| MBB iShares MBS ETF | 1.54% | 139,251 | $13.2M | Add +5.8% |
| FOPC Frontier Ast Oport Crdit ETF | 1.53% | 519,421 | $13.2M | Reduce -4.3% |
| GOVT iShares US Treasury Bond ETF | 1.51% | 568,636 | $13.0M | Add +761.0% |
| JEMA JPMorgan Activebuilders Emer | 1.50% | 247,399 | $12.9M | Add +1.0% |
| QUAL iShares MSCI USA Quality Fac | 1.38% | 61,864 | $11.9M | Add +2.9% |
| EFG iShares MSCI Eafe Growth ETF | 1.38% | 106,241 | $11.8M | Add +1313.7% |
| BAI Ishrs AI in and Tech Act ETF | 1.30% | 339,894 | $11.2M | Add +9.7% |
| BBUS JPMorgan Betabuilders US Equ | 1.28% | 93,756 | $11.0M | Add +11.1% |
| JGLO JPMorgan GLBL SLCT Eq ETF | 1.23% | 161,790 | $10.6M | Add +9.6% |
| THRO iShares U.S. Thematic Rotati | 1.21% | 288,507 | $10.5M | Add +9.4% |
| MTUM iShares MSCI USA Momentum Fa | 1.20% | 42,978 | $10.3M | Add +6.5% |
| JAVA JPMorgan Active Value ETF | 1.18% | 141,284 | $10.2M | Add +4.0% |
| WTV Wisdomtree U.S. Value Fund | 1.18% | 106,332 | $10.1M | Add +4.7% |
| IAGG iShares Intl Aggregate Bond | 0.97% | 167,133 | $8.4M | Add +8.2% |
| MUB iShares National Muni Bond E | 0.95% | 76,821 | $8.2M | Add +11.0% |
| BLCR iShares LRG CP CR Act ETF-Ui | 0.94% | 197,772 | $8.1M | New |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.89% | 153,144 | $7.6M | Add +5.4% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.82% | 136,629 | $7.1M | Reduce -22.0% |
| IDEF Ishars Def Ind TC Ac ETF-Ui | 0.81% | 212,920 | $7.0M | New |
| JPIE JPMorgan Income ETF | 0.76% | 141,416 | $6.5M | Reduce -14.1% |
| FARX Frontier Asst Absolute R ETF | 0.68% | 205,195 | $5.8M | Reduce -1.4% |
| DFAX Dimensional World Ex US Core | 0.66% | 165,902 | $5.6M | Reduce -0.4% |
| HELO JPMorgan Hedged Equity ETF | 0.62% | 82,846 | $5.3M | Add +9.6% |
| MMM 3M Co. | 0.60% | 35,536 | $5.2M | Reduce -4.3% |
| AAPL Apple Inc. | 0.55% | 18,692 | $4.7M | Reduce -0.3% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.55% | 159,285 | $4.7M | New |
| YLD Principal Act Hi YLD ETF | 0.53% | 240,538 | $4.6M | Reduce -18.8% |
| DFAS Dimensional US Small Cap ETF | 0.51% | 60,876 | $4.3M | Add +5.0% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.49% | 44,301 | $4.2M | Add +1.4% |
| OEF iShares S&P 100 ETF | 0.48% | 12,960 | $4.1M | Reduce -79.7% |
| IAU iShares Gold Trust | 0.42% | 41,487 | $3.7M | Reduce -57.4% |
| JMEE JPM Sma & Mid Cap En Eq Et-U filed as J P MORGAN EXCHANGE TRADED F | 0.42% | 53,580 | $3.6M | Add +3.9% |
| NVDA Nvidia Corp. | 0.38% | 18,552 | $3.2M | Add +4.0% |
| XLK SS Technology Select Sector | 0.37% | 23,649 | $3.2M | Add +305.2% |
| JBND JPMorgan Active Bond ETF | 0.36% | 58,092 | $3.1M | Add +26.2% |
| XLC SS Comm Select Sector SPDR | 0.33% | 25,362 | $2.8M | Add +630.3% |
| LMUB iShares LT National Muni BD | 0.32% | 54,927 | $2.7M | New |
| DFSU Dimensional US Sus CORE1 ETF | 0.30% | 63,717 | $2.6M | Add +1.9% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.30% | 8,736 | $2.6M | Add +0.5% |
| AGG iShares Core U.S. Aggregate | 0.30% | 26,108 | $2.6M | Add +93.4% |
| BBAG JPMorgan Betabuilders US Agg | 0.30% | 55,203 | $2.5M | Reduce -5.6% |
| BND Vanguard Total Bond Market | 0.29% | 34,126 | $2.5M | Reduce -2.8% |
| SUB iShares Short-Term National | 0.28% | 22,333 | $2.4M | Reduce -2.0% |
| MSFT Microsoft Corp. | 0.26% | 6,052 | $2.2M | Add +0.4% |
| PRF Invesco Rafi US 1000 ETF | 0.22% | 40,432 | $1.9M | Reduce -2.7% |
| SCHF Schwab Intl Equity ETF | 0.21% | 72,617 | $1.8M | Add +6.7% |
| UNH Unitedhealth Group Inc. | 0.19% | 5,947 | $1.6M | Reduce -2.1% |
| AMZN Amazon.com Inc. | 0.17% | 6,824 | $1.4M | Add +3.5% |
| SYSB iShares Systematic Bond ETF | 0.16% | 15,206 | $1.4M | Add +3.5% |
| IWD iShares Russell 1000 Value E | 0.15% | 6,204 | $1.3M | Add +0.5% |
| RPG Invesco S&P 500 Pure Growth | 0.15% | 27,732 | $1.3M | Reduce -1.3% |
| DFAI Dimensional International Co. | 0.15% | 33,089 | $1.3M | No change |
| ESGU iShares ESG Aware MSCI USA | 0.15% | 8,972 | $1.3M | Reduce -2.4% |
| BBIN JPM Betabuilders Intl Eqty filed as J P MORGAN EXCHANGE TRADED F | 0.15% | 17,216 | $1.3M | Reduce -91.0% |
| IYW iShares Ustechnology ETF | 0.14% | 6,714 | $1.2M | Reduce -23.8% |
| STIP iShares 0-5 Year Tips Bond E | 0.14% | 11,720 | $1.2M | Add +0.7% |
| GOOG Alphabet Inc. Class C | 0.14% | 4,165 | $1.2M | Reduce -0.1% |
| GLOF iShares Global Equity Factor | 0.13% | 22,242 | $1.2M | Reduce -0.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.13% | 12,802 | $1.2M | Add +174.3% |
| IWF iShares Russell 1000 Growth | 0.12% | 2,486 | $1.1M | Add +1.8% |
| DCI Donaldson Co. Inc. | 0.12% | 12,421 | $1.1M | Reduce -1.6% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.12% | 10,714 | $1.0M | Reduce -8.0% |
| SUSC iShares ESG Aware Usd Corpor | 0.12% | 44,259 | $1.0M | Add +3.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.12% | 18,066 | $1.0M | Add +0.1% |
| IUSG iShares Core S&P U.S. Growth | 0.12% | 6,528 | $1.0M | No change |
| ITOT iShares Core S&P Total U.S. | 0.12% | 7,089 | $1.0M | Add +124.4% |
| LCTU iShares U.S. Carbon Transiti | 0.11% | 13,867 | $973K | Reduce -6.8% |
| EAGG iShares ESG Aware US Aggrega | 0.11% | 19,766 | $940K | Add +17.3% |
| IJR iShares Core S&P Small-Cap E | 0.11% | 7,556 | $939K | Add +3.8% |
| IUSV iShares Core S&P U.S. Value | 0.11% | 9,147 | $935K | No change |
| VGIT Vanguard Intermediate-Term T | 0.11% | 15,229 | $907K | Add +0.6% |
| VGSH Vanguard Short-Term Treasury | 0.10% | 15,329 | $897K | Reduce -5.2% |
| DFSI Dimensional Int Sus COR1 ETF | 0.10% | 20,550 | $871K | Add +0.4% |
| VGSR Vert GLB Sust Re ETF filed as MANAGER DIRECTED PORTFOLIOS | 0.10% | 81,832 | $845K | Reduce -0.5% |
| HON Honeywell International Inc. | 0.10% | 3,617 | $818K | Reduce -0.3% |
| BBMC JPM Betabuilders US Mid Cap filed as J P MORGAN EXCHANGE TRADED F | 0.09% | 7,525 | $816K | Reduce -7.4% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.09% | 24,430 | $792K | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.09% | 1,562 | $749K | Add +4.9% |
| META Meta Platforms Inc. Class A | 0.09% | 1,307 | $748K | Add +1.8% |
| JNJ Johnson & Johnson | 0.08% | 2,979 | $728K | Reduce -1.9% |
| VEA Vanguard Ftse Developed ETF | 0.08% | 11,171 | $716K | Reduce -6.6% |
Portfolio Sells Q4 2025 → Q1 2026
| OEF iShares S&P 100 ETF | Reduce -79.7% | 0.48% | −2.17 |
| BBIN JPM Betabuilders Intl Eqty | Reduce -91.0% | 0.15% | −1.52 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -10.8% | 2.69% | −0.58 |
| BKCI BNY Mellon Concentrated Intl | Sold out | 0.00% | −0.53 |
| IAU iShares Gold Trust | Reduce -57.4% | 0.42% | −0.53 |
| ITA iShares U.S. Aerospace & Def | Reduce -92.5% | 0.04% | −0.45 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.42 |
| IVE iShares S&P 500 Value ETF | Reduce -6.8% | 2.98% | −0.35 |
| BINC iShares Flex I A ETF-Usd Inc. | Reduce -22.0% | 0.82% | −0.29 |
| FGSM Frontier Global Smal Cap ETF | Reduce -8.1% | 3.08% | −0.28 |
| FELG Fidelity Enh LRG Cap GWTH | Reduce -1.1% | 1.68% | −0.27 |
| JGRO JPMorgan Active Growth ETF | Reduce -2.3% | 1.56% | −0.25 |
| FCBD Frontier Asset Core Bond ETF | Reduce -3.5% | 2.31% | −0.19 |
| JPIE JPMorgan Income ETF | Reduce -14.1% | 0.76% | −0.16 |
| YLD Principal Act Hi YLD ETF | Reduce -18.8% | 0.53% | −0.15 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.0% | 2.44% | −0.14 |
| FOPC Frontier Ast Oport Crdit ETF | Reduce -4.3% | 1.53% | −0.14 |
| IEMG iShares Core MSCI Emerging | Reduce -4.7% | 2.53% | −0.13 |
| MMM 3M Co. | Reduce -4.3% | 0.60% | −0.12 |
| TLH iShares 10-20 Year Treasury | Reduce -1.2% | 1.58% | −0.10 |
| HIMU iShares High Yild Muni A ETF | Sold out | 0.00% | −0.09 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −0.08 |
| IYW iShares Ustechnology ETF | Reduce -23.8% | 0.14% | −0.07 |
| AAPL Apple Inc. | Reduce -0.3% | 0.55% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -2.1% | 0.19% | −0.06 |
| ICVT iShares Convertible Bond ETF | Reduce -56.2% | 0.04% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.04 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.04 |
| EVUS iShares ESG Aw MSCI US Value | Sold out | 0.00% | −0.04 |
| TLT iShares 20+ Year Treasury BD | Reduce -37.1% | 0.05% | −0.03 |
| BBAG JPMorgan Betabuilders US Agg | Reduce -5.6% | 0.30% | −0.03 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -8.0% | 0.12% | −0.03 |
| AKRE Akre Focus ETF | Sold out | 0.00% | −0.03 |
| FICS FT International Dev Cap STR | Sold out | 0.00% | −0.03 |
| SHOP Shopify Inc. Class A | Reduce -3.9% | 0.05% | −0.03 |
| HPQ HP Inc. | Sold out | 0.00% | −0.02 |
| BND Vanguard Total Bond Market | Reduce -2.8% | 0.29% | −0.02 |
| LCTU iShares U.S. Carbon Transiti | Reduce -6.8% | 0.11% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -0.1% | 0.14% | −0.02 |
| ESGU iShares ESG Aware MSCI USA | Reduce -2.4% | 0.15% | −0.02 |
| SUB iShares Short-Term National | Reduce -2.0% | 0.28% | −0.02 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -9.6% | 0.06% | −0.01 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -14.1% | 0.06% | −0.01 |
| DCI Donaldson Co. Inc. | Reduce -1.6% | 0.12% | −0.01 |
| PRF Invesco Rafi US 1000 ETF | Reduce -2.7% | 0.22% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -2.4% | 0.04% | −0.01 |
| MDT Medtronic PLC | Reduce -13.8% | 0.03% | −0.01 |
| JPIN JPM Diversified Ret Intl Eq | Reduce -23.4% | 0.03% | −0.01 |
| VGSH Vanguard Short-Term Treasury | Reduce -5.2% | 0.10% | −0.01 |
| BBMC JPM Betabuilders US Mid Cap | Reduce -7.4% | 0.09% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| JIRE JPMorgan Int Res Enh Eqty | Add +863.0% | 1.93% | +1.72 |
| GOVT iShares US Treasury Bond ETF | Add +761.0% | 1.51% | +1.33 |
| EFG iShares MSCI Eafe Growth ETF | Add +1313.7% | 1.38% | +1.27 |
| BLCR iShares LRG CP CR Act ETF-Ui | New | 0.94% | +0.94 |
| IDEF Ishars Def Ind TC Ac ETF-Ui | New | 0.81% | +0.81 |
| IVV iShares Core S&P 500 ETF | Add +29.8% | 4.61% | +0.74 |
| JCPB JPMorgan Core Plus Bond ETF | Add +16.2% | 5.71% | +0.58 |
| CGXU Cap Group Intl Focus | New | 0.55% | +0.55 |
| LMUB iShares LT National Muni BD | New | 0.32% | +0.32 |
| XLC SS Comm Select Sector SPDR | Add +630.3% | 0.33% | +0.28 |
| XLK SS Technology Select Sector | Add +305.2% | 0.37% | +0.26 |
| AGG iShares Core U.S. Aggregate | Add +93.4% | 0.30% | +0.14 |
| FLCE Frontier Aset US L CP Eq ETF | Add +12.6% | 3.54% | +0.12 |
| VOO Vanguard S&P 500 ETF | Add +10.2% | 6.58% | +0.10 |
| IEFA iShares Core MSCI Eafe ETF | Add +174.3% | 0.13% | +0.08 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +6.4% | 4.61% | +0.08 |
| JBND JPMorgan Active Bond ETF | Add +26.2% | 0.36% | +0.06 |
| ITOT iShares Core S&P Total U.S. | Add +124.4% | 0.12% | +0.06 |
| BAI Ishrs AI in and Tech Act ETF | Add +9.7% | 1.30% | +0.06 |
| MUB iShares National Muni Bond E | Add +11.0% | 0.95% | +0.05 |
| JEMA JPMorgan Activebuilders Emer | Add +1.0% | 1.50% | +0.05 |
| FINT Frontier Ast T Ination E ETF | Add +1.5% | 2.82% | +0.05 |
| ECL Ecolab Inc. | New | 0.05% | +0.05 |
| IAGG iShares Intl Aggregate Bond | Add +8.2% | 0.97% | +0.04 |
| EFV iShares MSCI Eafe Value ETF | Add +1.3% | 2.19% | +0.03 |
| ILCV iShares Morningstar Value Et | New | 0.03% | +0.03 |
| WTV Wisdomtree U.S. Value Fund | Add +4.7% | 1.18% | +0.03 |
| LMT Lockheed Martin Corp. | New | 0.03% | +0.03 |
| JGLO JPMorgan GLBL SLCT Eq ETF | Add +9.6% | 1.23% | +0.03 |
| CAT Caterpillar Inc. | New | 0.03% | +0.03 |
| DMXF iShares ESG Advanc MSCI Eafe | New | 0.03% | +0.03 |
| MBB iShares MBS ETF | Add +5.8% | 1.54% | +0.02 |
| HPE Hewlett Packard Enterprise | New | 0.02% | +0.02 |
| IJH iShares Core S&P Midcap ETF | New | 0.02% | +0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Add +5.4% | 2.12% | +0.02 |
| EMGF iShares Emerging Markets Equ | Add +63.1% | 0.05% | +0.02 |
| BBUS JPMorgan Betabuilders US Equ | Add +11.1% | 1.28% | +0.02 |
| MRK Merck & Co. Inc. | Add +51.1% | 0.05% | +0.02 |
| CVX Chevron Corp. | Add +16.6% | 0.06% | +0.02 |
| IEV iShares Europe ETF | Add +45.1% | 0.07% | +0.02 |
| DFAS Dimensional US Small Cap ETF | Add +5.0% | 0.51% | +0.02 |
| IVLU iShares MSCI International V | Add +26.8% | 0.08% | +0.02 |
| JMEE JPM Sma & Mid Cap En Eq Et-U | Add +3.9% | 0.42% | +0.02 |
| IGM iShares Expanded Tech Sector | Add +82.8% | 0.04% | +0.02 |
| JIVE JPM Interntl Value ETF | Add +28.8% | 0.06% | +0.01 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +1.4% | 0.49% | +0.01 |
| EAGG iShares ESG Aware US Aggrega | Add +17.3% | 0.11% | +0.01 |
| HELO JPMorgan Hedged Equity ETF | Add +9.6% | 0.62% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +6.7% | 0.21% | +0.01 |
| JAVA JPMorgan Active Value ETF | Add +4.0% | 1.18% | +0.01 |
Notes & Other Activity Q4 2025 → Q1 2026
| AMPLITECH GROUP INC-RTS | RTS | Sold out | 24,000 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.