PAX Financial Group, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), PAX Financial Group, LLC reported 216 stock positions worth $555.0 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 5.0% of the portfolio, followed by Ishrs US E F R A ETF-Usd (DYNF, 4.2%) and Ishr CR Unvrse Usd BD ETF-Ui (IUSB, 4.1%). Compared with Q2 2025, it opened 11 new positions, sold out of 29, added to 77 and reduced 126. The biggest buy was iShares S&P 100 ETF (OEF, shares +117%) and the biggest sale iShares MSCI Eafe Growth ETF (EFG, shares −82%).
- Most Recent 13F
- Q2 2026
- Location
- SAN ANTONIO, TX
- CIK
- 0001803673
- Portfolio Value
- $555.0M (Q3 2025)
- SEC Filing
- 0001104659-25-106000 ↗ filed Nov 4, 2025
Holdings Value
Holdings 216 stocks · $555.0M
| IVV iShares Core S&P 500 ETF | 5.01% | 41,558 | $27.8M | Add +10.1% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 4.22% | 395,485 | $23.4M | Add +22.6% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 4.14% | 491,744 | $23.0M | Reduce -4.9% |
| IVW iShares S&P 500 Growth ETF | 4.10% | 188,352 | $22.7M | Add +4.8% |
| QUAL iShares MSCI USA Quality Fac | 3.81% | 108,797 | $21.2M | Reduce -1.1% |
| EFV iShares MSCI Eafe Value ETF | 3.43% | 280,668 | $19.0M | Reduce -4.9% |
| IVE iShares S&P 500 Value ETF | 3.22% | 86,491 | $17.9M | Add +11.7% |
| OEF iShares S&P 100 ETF | 3.12% | 51,956 | $17.3M | Add +116.9% |
| WWJD Inspire International ETF | 2.81% | 441,706 | $15.6M | Reduce -3.8% |
| IEMG iShares Core MSCI Emerging | 2.79% | 234,946 | $15.5M | Add +13.4% |
| BOND PIMCO Active Bond Exchange-T | 2.25% | 133,892 | $12.5M | Add +3.1% |
| BAI Ishrs AI in and Tech Act ETF | 1.72% | 280,039 | $9.6M | Add +178.7% |
| THRO iShares U.S. Thematic Rotati | 1.67% | 244,462 | $9.3M | Add +10.6% |
| SPYV SS SPDR P S&P 500 Value ETF | 1.49% | 149,223 | $8.3M | Add +0.6% |
| VEA Vanguard Ftse Developed ETF | 1.45% | 134,468 | $8.1M | Reduce -2.5% |
| IBD Inspire Corporate Bond ETF | 1.44% | 331,634 | $8.0M | Reduce -9.7% |
| SPAB SS SPDR P Agg Bond ETF | 1.39% | 297,870 | $7.7M | Reduce -0.3% |
| TLH iShares 10-20 Year Treasury | 1.36% | 73,560 | $7.6M | Add +29.4% |
| ISMD Inspire Small/Mid Cap ETF | 1.35% | 193,539 | $7.5M | Add +0.1% |
| OMFL Invesco Russell 1000 DYN M/F | 1.32% | 121,178 | $7.3M | Reduce -1.3% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 1.25% | 85,909 | $6.9M | Reduce -2.8% |
| MBB iShares MBS ETF | 1.21% | 70,427 | $6.7M | Add +5.9% |
| VOO Vanguard S&P 500 ETF | 1.19% | 10,745 | $6.6M | Reduce -8.6% |
| IAGG iShares Intl Aggregate Bond | 1.18% | 127,340 | $6.5M | Add +4.7% |
| PYLD PIMCO Multisector Bond Actv | 1.15% | 236,895 | $6.4M | Add +5.5% |
| MTUM iShares MSCI USA Momentum Fa | 1.12% | 24,288 | $6.2M | Add +8.6% |
| PTL Inspire 500 ETF | 1.09% | 24,278 | $6.1M | Reduce -4.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.01% | 53,517 | $5.6M | Reduce -6.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.98% | 18,576 | $5.5M | Reduce -1.9% |
| XLG Invesco S&P 500 Top 50 ETF | 0.97% | 94,071 | $5.4M | Reduce -4.6% |
| AAPL Apple Inc. | 0.85% | 18,597 | $4.7M | Reduce -6.3% |
| MSFT Microsoft Corp. | 0.84% | 9,052 | $4.7M | Reduce -6.0% |
| ESUM Eventide US Market ETF filed as STRATEGY SHS | 0.83% | 169,962 | $4.6M | Add +0.7% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.83% | 86,537 | $4.6M | Add +7.5% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.83% | 107,063 | $4.6M | Reduce -0.1% |
| IWF iShares Russell 1000 Growth | 0.81% | 9,633 | $4.5M | Reduce -3.4% |
| ACWI iShares MSCI Acwi ETF | 0.79% | 31,710 | $4.4M | Reduce -2.3% |
| ITA iShares U.S. Aerospace & Def | 0.77% | 20,457 | $4.3M | New |
| QQQM Invesco Nasdaq 100 ETF | 0.74% | 16,714 | $4.1M | Reduce -2.6% |
| IAU iShares Gold Trust | 0.72% | 54,613 | $4.0M | Add +24.3% |
| BSV Vanguard Short-Term Bond ETF | 0.68% | 47,587 | $3.8M | Reduce -6.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.67% | 14,523 | $3.7M | Reduce -1.6% |
| NVDA Nvidia Corp. | 0.66% | 19,565 | $3.7M | Reduce -5.0% |
| VYM Vanguard High DVD Yield ETF | 0.65% | 25,627 | $3.6M | Reduce -1.8% |
| FDLS Inspire Fidelis Multi Factor | 0.64% | 102,055 | $3.6M | Reduce -5.7% |
| ELCV Eventide High Dividend ETF filed as STRATEGY SHS | 0.63% | 130,837 | $3.5M | Add +0.8% |
| BIBL Inspire 100 ETF | 0.63% | 78,377 | $3.5M | Reduce -4.3% |
| CORP PIMCO Inv Grade Corp. BD ETF | 0.55% | 31,117 | $3.1M | Reduce -19.3% |
| VWO Vanguard Ftse Emerging Marke | 0.54% | 55,712 | $3.0M | Reduce -1.1% |
| ANET Arista Networks Inc. | 0.53% | 20,132 | $2.9M | Reduce -14.4% |
| MUNI PIMCO Intermediate Municipal | 0.52% | 55,499 | $2.9M | Reduce -4.8% |
| GOOGL Alphabet Inc. Class A | 0.52% | 11,834 | $2.9M | Reduce -14.8% |
| SPEM State Street SP PTF Em ETF | 0.48% | 56,920 | $2.7M | Reduce -2.0% |
| PMBS PIMCO MBS Active ETF | 0.45% | 50,692 | $2.5M | Add +97.8% |
| BND Vanguard Total Bond Market | 0.42% | 31,116 | $2.3M | Add +1.4% |
| GOVI Invesco Equal Weight 0-30 YR | 0.41% | 82,843 | $2.3M | Add +5.7% |
| MINT PIMCO Enhanced Short Maturit | 0.41% | 22,825 | $2.3M | Reduce -6.6% |
| IEUR iShares Core MSCI Europe ETF | 0.40% | 32,254 | $2.2M | Reduce -1.4% |
| FTNT Fortinet Inc. | 0.39% | 26,007 | $2.2M | Reduce -19.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.38% | 3,193 | $2.1M | Add +214.6% |
| LDUR PIMCO Enhanced Low Duration | 0.37% | 21,535 | $2.1M | Reduce -0.5% |
| SMMU PIMCO SHRT TRM Muni BND ETF | 0.36% | 39,884 | $2.0M | Reduce -12.2% |
| IPAC iShares Core MSCI Pacific Et | 0.34% | 25,910 | $1.9M | Reduce -2.8% |
| IMFL Invesco Int DVLP DYN Multi | 0.33% | 67,115 | $1.9M | Add +4.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.33% | 3,831 | $1.8M | Reduce -5.6% |
| MINO PIMCO Municipal Income Oppor | 0.32% | 39,051 | $1.8M | Add +1.5% |
| AMZN Amazon.com Inc. | 0.32% | 8,034 | $1.8M | Reduce -7.8% |
| GTO Invesco Total Return Bond Et | 0.30% | 35,245 | $1.7M | Add +7.2% |
| META Meta Platforms Inc. Class A | 0.28% | 2,112 | $1.6M | Reduce -5.9% |
| EMB iShares JP Morgan Usd Emergi | 0.27% | 15,944 | $1.5M | Add +13.0% |
| JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC | 0.27% | 9,978 | $1.5M | Reduce -13.4% |
| EFG iShares MSCI Eafe Growth ETF | 0.26% | 12,666 | $1.4M | Reduce -82.1% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.25% | 24,188 | $1.4M | Reduce -1.3% |
| TSLA Tesla Inc. | 0.23% | 2,912 | $1.3M | Reduce -5.3% |
| BIV Vanguard Intermediate-Term B | 0.22% | 15,984 | $1.2M | Reduce -11.3% |
| APH Amphenol Corp. Class A | 0.22% | 9,836 | $1.2M | Add +4.5% |
| AVGO Broadcom Inc. | 0.22% | 3,673 | $1.2M | Reduce -6.0% |
| XOM Exxon Mobil Corp. | 0.21% | 10,574 | $1.2M | Add +1.2% |
| STIP iShares 0-5 Year Tips Bond E | 0.21% | 11,123 | $1.1M | Reduce -1.6% |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | 0.21% | 11,907 | $1.1M | Add +5.6% |
| BSMP Invesco Bulletshares 2025 MB | 0.20% | 45,809 | $1.1M | Reduce -0.1% |
| BSMQ Invesco Bulletshares 2026 MB | 0.20% | 47,104 | $1.1M | Reduce -2.7% |
| BSMR Invesco Bulletshares 2027 MB | 0.20% | 47,020 | $1.1M | Reduce -2.8% |
| IJH iShares Core S&P Midcap ETF | 0.20% | 16,955 | $1.1M | Reduce -1.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.20% | 1,816 | $1.1M | Reduce -1.4% |
| COST Costco Wholesale Corp. | 0.20% | 1,172 | $1.1M | Reduce -0.5% |
| MA Mastercard Inc. Class A | 0.19% | 1,899 | $1.1M | Reduce -7.8% |
| RPG Invesco S&P 500 Pure Growth | 0.19% | 22,291 | $1.1M | Reduce -12.3% |
| SWKS Skyworks Solutions Inc. | 0.19% | 13,509 | $1.0M | Reduce -14.3% |
| GOVT iShares US Treasury Bond ETF | 0.17% | 39,654 | $917K | Reduce -3.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.16% | 1,803 | $906K | Reduce -4.1% |
| ORCL Oracle Corp. | 0.16% | 3,167 | $891K | Reduce -27.8% |
| SHM SS SPDR N Ice St Muni ETF | 0.16% | 18,397 | $887K | Reduce -3.3% |
| WAL Western Alliance Bancorp | 0.16% | 10,142 | $879K | Reduce -16.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 2,638 | $866K | Reduce -3.5% |
| NFLX Netflix Inc. | 0.16% | 722 | $866K | Reduce -11.7% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.15% | 2,729 | $845K | Add +59.6% |
| MCD McDonald's Corp. | 0.15% | 2,678 | $814K | Reduce -6.0% |
| NDAQ Nasdaq Inc. | 0.15% | 9,195 | $813K | Reduce -8.1% |
| ACN Accenture PLC Class A | 0.15% | 3,280 | $809K | Add +6.8% |
Portfolio Sells Q2 2025 → Q3 2025
| EFG iShares MSCI Eafe Growth ETF | Reduce -82.1% | 0.26% | −1.25 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −1.20 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -4.9% | 4.14% | −0.43 |
| SPHQ Invesco S&P 500 Quality ETF | Sold out | 0.00% | −0.33 |
| FTNT Fortinet Inc. | Reduce -19.7% | 0.39% | −0.26 |
| IBD Inspire Corporate Bond ETF | Reduce -9.7% | 1.44% | −0.24 |
| WWJD Inspire International ETF | Reduce -3.8% | 2.81% | −0.20 |
| SCHR Schwab Intermediate-Term US | Sold out | 0.00% | −0.17 |
| CORP PIMCO Inv Grade Corp. BD ETF | Reduce -19.3% | 0.55% | −0.16 |
| EFV iShares MSCI Eafe Value ETF | Reduce -4.9% | 3.43% | −0.15 |
| JKHY Jack Henry & Associates Inc. | Reduce -13.4% | 0.27% | −0.13 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.09 |
| VOO Vanguard S&P 500 ETF | Reduce -8.6% | 1.19% | −0.09 |
| BSV Vanguard Short-Term Bond ETF | Reduce -6.6% | 0.68% | −0.09 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.09 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -0.3% | 1.39% | −0.07 |
| SMMU PIMCO SHRT TRM Muni BND ETF | Reduce -12.2% | 0.36% | −0.07 |
| MSFT Microsoft Corp. | Reduce -6.0% | 0.84% | −0.07 |
| PNFP Pinnacle Financial Partners | Reduce -16.7% | 0.14% | −0.07 |
| VMBS Vanguard Mortgage-Backed Sec | Sold out | 0.00% | −0.06 |
| PPC Pilgrim's Pride Corp. | Reduce -44.3% | 0.06% | −0.06 |
| SCHO Schwab Short-Term US Treas | Sold out | 0.00% | −0.06 |
| MNST Monster Beverage Corp. | Reduce -46.0% | 0.07% | −0.06 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.06 |
| MINT PIMCO Enhanced Short Maturit | Reduce -6.6% | 0.41% | −0.06 |
| VEEV Veeva Systems Inc. Class A | Reduce -25.5% | 0.14% | −0.05 |
| NFLX Netflix Inc. | Reduce -11.7% | 0.16% | −0.05 |
| UGI Ugi Corp. | Sold out | 0.00% | −0.05 |
| DIS The Walt Disney Co. | Reduce -21.5% | 0.11% | −0.05 |
| NFG National Fuel Gas Co. | Sold out | 0.00% | −0.05 |
| VEA Vanguard Ftse Developed ETF | Reduce -2.5% | 1.45% | −0.05 |
| MDU Mdu Resources Group Inc. | Sold out | 0.00% | −0.05 |
| MUNI PIMCO Intermediate Municipal | Reduce -4.8% | 0.52% | −0.05 |
| CALM Cal-Maine Foods Inc. | Sold out | 0.00% | −0.05 |
| BG Bunge Global SA | Sold out | 0.00% | −0.05 |
| SWX Southwest Gas Holdings Inc. | Sold out | 0.00% | −0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -7.8% | 0.32% | −0.05 |
| OGE Oge Energy Corp. | Sold out | 0.00% | −0.05 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.05 |
| ACI Albertsons Cos Inc. Class A | Sold out | 0.00% | −0.05 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.04 |
| ALGN Align Technology Inc. | Reduce -17.0% | 0.05% | −0.04 |
| ALE Allete Inc. | Sold out | 0.00% | −0.04 |
| HTO H2O America | Sold out | 0.00% | −0.04 |
| ANDE The Andersons Inc. | Sold out | 0.00% | −0.04 |
| WTRG Essential Utilities Inc. | Sold out | 0.00% | −0.04 |
| SMPL The Simply Good Foods Co. | Sold out | 0.00% | −0.04 |
| BIV Vanguard Intermediate-Term B | Reduce -11.3% | 0.22% | −0.04 |
| NOMD Nomad Foods Ltd. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| OEF iShares S&P 100 ETF | Add +116.9% | 3.12% | +1.72 |
| BAI Ishrs AI in and Tech Act ETF | Add +178.7% | 1.72% | +1.17 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +22.6% | 4.22% | +0.86 |
| ITA iShares U.S. Aerospace & Def | New | 0.77% | +0.77 |
| IVV iShares Core S&P 500 ETF | Add +10.1% | 5.01% | +0.53 |
| IEMG iShares Core MSCI Emerging | Add +13.4% | 2.79% | +0.41 |
| IVE iShares S&P 500 Value ETF | Add +11.7% | 3.22% | +0.33 |
| IVW iShares S&P 500 Growth ETF | Add +4.8% | 4.10% | +0.31 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +214.6% | 0.38% | +0.26 |
| TLH iShares 10-20 Year Treasury | Add +29.4% | 1.36% | +0.26 |
| PMBS PIMCO MBS Active ETF | Add +97.8% | 0.45% | +0.21 |
| IAU iShares Gold Trust | Add +24.3% | 0.72% | +0.19 |
| THRO iShares U.S. Thematic Rotati | Add +10.6% | 1.67% | +0.16 |
| MTUM iShares MSCI USA Momentum Fa | Add +8.6% | 1.12% | +0.09 |
| GOOG Alphabet Inc. Class C | New | 0.05% | +0.05 |
| EVRG Evergy Inc. | New | 0.05% | +0.05 |
| AJG Arthur J Gallagher & Co. | Add +59.6% | 0.15% | +0.05 |
| CCL Carnival Corp. | New | 0.05% | +0.05 |
| FNDX Schwab Fndmntl US LRG Co. ETF | New | 0.04% | +0.04 |
| SCHG Schwab US Large-Cap Growth | New | 0.04% | +0.04 |
| ISMD Inspire Small/Mid Cap ETF | Add +0.1% | 1.35% | +0.04 |
| APH Amphenol Corp. Class A | Add +4.5% | 0.22% | +0.04 |
| MSI Motorola Solutions Inc. | Add +78.0% | 0.09% | +0.04 |
| CHRW C.H. Robinson Worldwide Inc. | New | 0.04% | +0.04 |
| FSS Federal Signal Corp. | New | 0.04% | +0.04 |
| ULS Ul Solutions Inc. Class A | New | 0.04% | +0.04 |
| VRIG Invesco Variable Rate Invest | New | 0.04% | +0.04 |
| NEM Newmont Corp. | New | 0.04% | +0.04 |
| FAST Fastenal Co. | Add +47.0% | 0.08% | +0.03 |
| EMB iShares JP Morgan Usd Emergi | Add +13.0% | 0.27% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +26.4% | 0.07% | +0.02 |
| ABBV Abbvie Inc. | Add +4.0% | 0.10% | +0.02 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +7.5% | 0.83% | +0.02 |
| VLO Valero Energy Corp. | Add +0.8% | 0.10% | +0.02 |
| MBB iShares MBS ETF | Add +5.9% | 1.21% | +0.01 |
| FSV Firstservice Corp. | Add +20.6% | 0.05% | +0.01 |
| SNA Snap-on Inc. | Add +14.8% | 0.05% | +0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +9.1% | 0.07% | +0.01 |
| PYLD PIMCO Multisector Bond Actv | Add +5.5% | 1.15% | +0.01 |
| GTO Invesco Total Return Bond Et | Add +7.2% | 0.30% | +0.01 |
| ATO Atmos Energy Corp. | Add +2.3% | 0.10% | +0.01 |
| WEC WEC Energy Group Inc. | Add +1.4% | 0.13% | +0.01 |
| WTMF Wisdomtree MGD Futures Strat | Add +5.9% | 0.09% | +0.01 |
| AGG iShares Core U.S. Aggregate | Add +10.5% | 0.12% | +0.01 |
| GE General Electric | Add +0.2% | 0.06% | +0.01 |
| ITW Illinois Tool Works | Add +11.5% | 0.05% | +0.01 |
| PG The Procter & Gamble Co. | Add +17.5% | 0.07% | +0.00 |
| TMUS T-Mobile US Inc. | Add +13.4% | 0.06% | +0.00 |
| VZ Verizon Communications Inc. | Add +13.3% | 0.05% | +0.00 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +0.6% | 1.49% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 207 | $673.0M | IVV, IUSB, IVW, DYNF, IVE |
| Q1 2026 | 199 | $586.2M | IVV, IVE, IUSB, IVW, DYNF |
| Q4 2025 | 207 | $579.9M | IVV, IVE, DYNF, IVW, IUSB |
| Q3 2025 | 216 | $555.0M | IVV, DYNF, IUSB, IVW, QUAL |
| Q2 2025 | 234 | $523.3M | IUSB, IVV, QUAL, IVW, EFV |
| Q1 2025 | 246 | $564.2M | IVV, IUSB, QUAL, IVW, WWJD |
| Q4 2024 | 227 | $558.8M | IVV, IUSB, IVW, WWJD, QUAL |
| Q3 2024 | 225 | $557.6M | IVV, IUSB, WWJD, IVW, QUAL |
| Q2 2024 | 230 | $512.0M | IVV, IUSB, WWJD, IVW, QUAL |
| Q1 2024 | 221 | $498.2M | IVV, IUSB, WWJD, QUAL, DYNF |