Q4 2025 · 13F-HR
JMG Financial Group, Ltd.holdings as filed
Filed 2026-02-10 · accession 0001314404-26-000002
$3.56B
Reported value
126
Positions
2025-12-31
Period end
The Brief · JMG Financial Group, Ltd. · Q4 2025
AI · grounded in 13F
JMG Financial Group, Ltd. reduced its position in the iShares Russell 1000 Index Fun IWB by 9.37%. The fund also increased its holdings in Dimensional Global Real Estate DFGR by 6.47% and Dimensional US Small Cap Value DFSV by 3.91%. Overall, the fund added 44 positions and reduced 53, ending the period with $3.56B in total assets under management.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908363 | VOO | Vanguard S&P 500 ETF | $839.9M | 23.6% | 1,339,289 | Common | NONE |
| 922908629 | VO | Vanguard Mid Cap Vipers | $392.0M | 11.0% | 1,350,785 | Common | NONE |
| 921943858 | VEA | Vanguard MSCI EAFE ETF | $387.6M | 10.9% | 6,204,833 | Common | NONE |
| 808524201 | SCHX | Schwab US Large Cap ETF | $227.3M | 6.39% | 8,445,906 | Common | NONE |
| 25434V815 | DFSV | Dimensional US Small Cap Value | $191.8M | 5.39% | 5,832,420 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF Trust | $173.3M | 4.87% | 254,100 | Common | NONE |
| 922042858 | VWO | Vanguard MSCI Emerging Markets | $155.0M | 4.35% | 2,882,279 | Common | NONE |
| 25434V799 | DFIC | DFA International Core Equity | $152.7M | 4.29% | 4,432,470 | Common | NONE |
| 25434V658 | DFGR | Dimensional Global Real Estate | $150.6M | 4.23% | 5,701,658 | Common | NONE |
| 808524805 | SCHF | Schwab International Equity ET | $101.9M | 2.87% | 4,240,654 | Common | NONE |
| 808524508 | SCHM | Schwab US Mid Cap ETF | $94.7M | 2.66% | 3,148,832 | Common | NONE |
| 464287499 | IWR | iShares Russell Midcap | $83.6M | 2.35% | 868,158 | Common | NONE |
| 922908611 | VBR | Vanguard Small Cap Value | $82.2M | 2.31% | 388,085 | Common | NONE |
| 25434V732 | DFEM | Dimensional Emerging Markets C | $70.4M | 1.98% | 2,129,625 | Common | NONE |
| 922908769 | VTI | Vanguard Total Stock Market Vi | $50.5M | 1.42% | 150,646 | Common | NONE |
| 922908637 | VV | Vanguard Large Cap | $46.4M | 1.31% | 147,550 | Common | NONE |
| 808524706 | SCHE | Schwab Emerging Markets | $31.6M | 0.89% | 964,691 | Common | NONE |
| 464287200 | IVV | iShares Trust S&P 500 Index | $28.1M | 0.79% | 41,070 | Common | NONE |
| 922908553 | VNQ | Vanguard REIT Vipers | $21.9M | 0.62% | 247,483 | Common | NONE |
| 464287614 | IWF | iShares Russell 1000 Growth | $16.6M | 0.47% | 34,995 | Common | NONE |
| 922042775 | VEU | Vanguard FTSE All-World EX-US | $16.2M | 0.46% | 220,615 | Common | NONE |
| 464287481 | IWP | iShares Russell Midcap Growth | $15.5M | 0.44% | 113,520 | Common | NONE |
| 464287622 | IWB | iShares Russell 1000 Index Fun | $13.8M | 0.39% | 36,970 | Common | NONE |
| 922908736 | VUG | Vanguard Growth Vipers | $13.1M | 0.37% | 26,912 | Common | NONE |
| 922908512 | VOE | Vanguard Mid Cap Value | $10.6M | 0.30% | 59,509 | Common | NONE |
| 464287473 | IWS | iShares Russell Midcap Value | $10.5M | 0.30% | 74,632 | Common | NONE |
| 922042676 | VNQI | Vanguard Global Ex US Real Est | $9.5M | 0.27% | 206,702 | Common | NONE |
| 922908744 | VTV | Vanguard Value | $9.4M | 0.26% | 49,185 | Common | NONE |
| 808524300 | SCHG | Schwab US Large Cap Growth ETF | $8.5M | 0.24% | 259,882 | Common | NONE |
| 46090e103 | — | Invesco QQQ Trust | $7.8M | 0.22% | 12,725 | Common | NONE |
| 808524102 | SCHB | Schwab US Broad Market ETF | $7.8M | 0.22% | 296,375 | Common | NONE |
| 464287655 | IWM | iShares Russell 2000 Index | $7.7M | 0.22% | 31,219 | Common | NONE |
| 922908538 | VOT | Vanguard Mid Cap Growth Index | $7.3M | 0.20% | 26,029 | Common | NONE |
| 25434V500 | DFAS | Dimensional US Small Cap ETF | $6.6M | 0.19% | 94,533 | Common | NONE |
| 464287598 | IWD | iShares Russell 1000 Value Ind | $5.2M | 0.15% | 24,833 | Common | NONE |
| 922908751 | VB | Vanguard Small Cap | $5.1M | 0.14% | 19,782 | Common | NONE |
| 464287671 | IUSG | iShares Core US Growth ETF | $4.4M | 0.12% | 26,307 | Common | NONE |
| 78467y107 | — | SPDR S&P MidCap 400 ETF Trust | $4.3M | 0.12% | 7,053 | Common | NONE |
| 464287465 | EFA | iShares MSCI EAFE Index Fund | $4.2M | 0.12% | 43,803 | Common | NONE |
| 921908844 | VIG | Vanguard Dividend Appreciation | $4.1M | 0.11% | 18,526 | Common | NONE |
| 81369Y803 | XLK | Sector SPDR Technology Select | $3.8M | 0.11% | 26,153 | Common | NONE |
| 464287309 | IVW | iShares Tr S&P 500/Barra Growt | $3.5M | 0.10% | 28,132 | Common | NONE |
| 464287804 | IJR | iShares Trust S&P SmallCap 600 | $3.3M | 0.09% | 27,401 | Common | NONE |
| 464287689 | IWV | iShares Russell 3000 Index | $2.8M | 0.08% | 7,267 | Common | NONE |
| 922020805 | VTIP | Vanguard ST Inflation Protecte | $2.7M | 0.08% | 55,487 | Common | NONE |
| 46435G516 | ESGD | iShares ESG Aware MSCI EAFE ET | $2.6M | 0.07% | 27,643 | Common | NONE |
| 808524847 | SCHH | Schwab US REIT ETF | $2.4M | 0.07% | 116,416 | Common | NONE |
| 808524870 | SCHP | Schwab US Tips ETF | $2.4M | 0.07% | 91,684 | Common | NONE |
| 808524839 | SCHZ | Schwab US Aggregate Bond ETF | $2.4M | 0.07% | 103,504 | Common | NONE |
| 25434v807 | — | Dimensional International Valu | $2.4M | 0.07% | 48,474 | Common | NONE |
| 464287648 | IWO | iShares Russell 2000 Growth | $2.2M | 0.06% | 6,663 | Common | NONE |
| 084670702 | BRK/B | Berkshire Hathaway Cl B | $2.1M | 0.06% | 4,201 | Common | NONE |
| 464287226 | AGG | iShares Core US Aggregate Bond | $2.1M | 0.06% | 20,633 | Common | NONE |
| 464287630 | IWN | iShares Russell 2000 Value | $1.9M | 0.05% | 10,599 | Common | NONE |
| 92203j407 | — | Vanguard Total International B | $1.9M | 0.05% | 38,509 | Common | NONE |
| 594918104 | MSFT | Microsoft Corp | $1.8M | 0.05% | 3,820 | Common | NONE |
| 808524797 | SCHD | Schwab US Dividend Equity ETF | $1.8M | 0.05% | 66,964 | Common | NONE |
| 46432f842 | — | iShares Core MSCI EAFE ETF | $1.8M | 0.05% | 20,094 | Common | NONE |
| 02079k305 | — | Alphabet Inc Cl A | $1.8M | 0.05% | 5,740 | Common | NONE |
| 46434g103 | — | IShares Core MSCI Emerging ETF | $1.7M | 0.05% | 25,299 | Common | NONE |
| 808524607 | SCHA | Schwab US Small Cap ETF | $1.6M | 0.05% | 57,739 | Common | NONE |
| 464287168 | DVY | iShares DJ Select Dividend Ind | $1.6M | 0.04% | 11,177 | Common | NONE |
| 46435G425 | ESGU | iShares ESG Aware MSCI USA ETF | $1.5M | 0.04% | 10,399 | Common | NONE |
| 25434V823 | DFAR | Dimensional US Real Estate ETF | $1.5M | 0.04% | 66,832 | Common | NONE |
| 46434G863 | ESGE | iShares ESG Aware MSCI ETF | $1.5M | 0.04% | 33,148 | Common | NONE |
| 464288257 | ACWI | iShares MSCI ACWI Index Fund | $1.4M | 0.04% | 10,000 | Common | NONE |
| 037833100 | AAPL | Apple Inc | $1.4M | 0.04% | 5,067 | Common | NONE |
| 464287234 | EEM | iShares MSCI Emerging Markets | $1.3M | 0.04% | 23,441 | Common | NONE |
| 808524409 | SCHV | Schwab US Large Cap Value ETF | $1.3M | 0.04% | 42,933 | Common | NONE |
| 46429b697 | — | iShares MSCI Minimum Volatilit | $1.2M | 0.03% | 12,847 | Common | NONE |
| 464287507 | IJH | iShares S&P Mid Cap 400 Index | $1.2M | 0.03% | 17,491 | Common | NONE |
| 46137v357 | — | Invesco S&P 500 Equal Weight E | $1.1M | 0.03% | 5,877 | Common | NONE |
| 46432f834 | — | iShares Core MSCI Total Intl S | $1.0M | 0.03% | 12,362 | Common | NONE |
| 464287705 | IJJ | iShares S&P Mid Cap 400 Value | $1.0M | 0.03% | 7,771 | Common | NONE |
| 78463v107 | — | SPDR Gold Shares | $1.0M | 0.03% | 2,527 | Common | NONE |
| 78464a763 | — | SPDR S&P Dividend ETF | $859,464 | 0.02% | 6,176 | Common | NONE |
| 921937835 | BND | Vanguard Total Bond Market ETF | $814,103 | 0.02% | 10,991 | Common | NONE |
| 464287408 | IVE | iShares Trust S&P 500/Barra Va | $802,324 | 0.02% | 3,783 | Common | NONE |
| 464286533 | EEMV | iShares MSCI Emerging Markets | $722,541 | 0.02% | 11,283 | Common | NONE |
| 808524763 | FNDA | Schwab Fundamental US Small Co | $717,599 | 0.02% | 22,774 | Common | NONE |
| 922042742 | VT | Vanguard Total World Stock Ind | $694,147 | 0.02% | 4,921 | Common | NONE |
| 46436E759 | DMXF | iShares ESG Advanced MSCI EAFE | $690,720 | 0.02% | 9,190 | Common | NONE |
| 46436E767 | USXF | iShares ESG Advanced MSCI USA | $669,828 | 0.02% | 11,633 | Common | NONE |
| 893641100 | TDG | TransDigm Group Inc | $642,318 | 0.02% | 483 | Common | NONE |
| 921909768 | VXUS | Vanguard Total International S | $632,791 | 0.02% | 8,388 | Common | NONE |
| 808524771 | FNDX | Schwab Fundamental Large Cap I | $612,035 | 0.02% | 22,493 | Common | NONE |
| 464288273 | SCZ | iShares MSCI EAFE Small Cap In | $584,654 | 0.02% | 7,541 | Common | NONE |
| 57636q104 | — | MasterCard Inc | $581,695 | 0.02% | 1,019 | Common | NONE |
| 30231G102 | XOM | Exxon Mobil Corporation | $498,809 | 0.01% | 4,145 | Common | NONE |
| 81369Y605 | XLF | SPDR Financial Select Sector E | $468,503 | 0.01% | 8,554 | Common | NONE |
| 808524755 | FNDF | Schwab Fundamental Intl Large | $466,246 | 0.01% | 10,313 | Common | NONE |
| 22160K105 | COST | Costco Wholesale Corp | $455,316 | 0.01% | 528 | Common | NONE |
| 46429b689 | — | iShares MSCI EAFE Minimum Vola | $451,174 | 0.01% | 5,231 | Common | NONE |
| 92206c680 | — | Vanguard Russell 1000 Growth | $449,083 | 0.01% | 3,689 | Common | NONE |
| 023135106 | AMZN | Amazon Communications | $442,020 | 0.01% | 1,915 | Common | NONE |
| 464287176 | TIP | iShares Barclays US Treasury I | $440,409 | 0.01% | 4,007 | Common | NONE |
| 464287879 | IJS | iShares S&P Small Cap 600 Valu | $436,959 | 0.01% | 3,842 | Common | NONE |
| 464288885 | EFG | iShares MSCI EAFE Growth Index | $390,062 | 0.01% | 3,424 | Common | NONE |
| 78464a508 | — | SPDR S&P 500 Value ETF | $380,343 | 0.01% | 6,695 | Common | NONE |
| 381430503 | GSLC | Goldman Sachs Active Beta ETF | $379,225 | 0.01% | 2,865 | Common | NONE |
| 464288661 | IEI | iShares Lehman 3-7 Year Treasu | $357,453 | 0.01% | 2,995 | Common | NONE |
| 464287150 | ITOT | iShares Core S&P Total US Stoc | $353,287 | 0.01% | 2,376 | Common | NONE |
| 02079k107 | — | Alphabet Inc Cl C | $351,456 | 0.01% | 1,120 | Common | NONE |
| 97717w307 | — | WidsomTree US Large Cap Divide | $343,715 | 0.01% | 3,902 | Common | NONE |
| 478160104 | JNJ | Johnson & Johnson | $341,795 | 0.01% | 1,652 | Common | NONE |
| 921910816 | MGK | Vanguard Mega Cap Growth ETF | $340,948 | 0.01% | 826 | Common | NONE |
| 09631P102 | BPRE | Bluerock Private Real Estate F | $311,775 | 0.01% | 20,785 | Common | NONE |
| 437076102 | HD | Home Depot Inc | $292,485 | 0.01% | 850 | Common | NONE |
| 922908595 | VBK | Vanguard Small Cap Growth | $282,487 | 0.01% | 935 | Common | NONE |
| 742718109 | PG | Procter & Gamble Co | $270,384 | 0.01% | 1,887 | Common | NONE |
| 46438F101 | IBIT | iShares Bitcoin | $265,131 | 0.01% | 5,340 | Common | NONE |
| 464289867 | AOR | iShares Core Growth Allocation | $259,780 | 0.01% | 3,996 | Common | NONE |
| 78463x871 | — | SPDR S&P International Small C | $258,603 | 0.01% | 6,329 | Common | NONE |
| 92204a876 | — | Vanguard Utilities ETF | $248,355 | 0.01% | 1,342 | Common | NONE |
| 6711op100 | — | OShares FTSE Russell Small Cap | $244,019 | 0.01% | 5,579 | Common | NONE |
| 78463x889 | — | SPDR Portfolio Developed World | $234,085 | 0.01% | 5,271 | Common | NONE |
| 907818108 | UNP | Union Pacific Corp | $231,320 | 0.01% | 1,000 | Common | NONE |
| 46434v621 | — | iShares Core Dividend Growth | $229,086 | 0.01% | 3,300 | Common | NONE |
| 78464a409 | — | SPDR S&P 500 Growth ETF | $227,911 | 0.01% | 2,136 | Common | NONE |
| 31620m106 | — | Fidelity National Information | $227,227 | 0.01% | 3,419 | Common | NONE |
| 922907746 | VTEB | Vanguard Tax Exempt Bond Index | $220,572 | 0.01% | 4,386 | Common | NONE |
| 74316p579 | — | Akre Focus ETF | $218,410 | 0.01% | 3,334 | Common | NONE |
| 921932844 | IVOV | Vanguard S&P Mid Cap 400 Value | $210,707 | 0.01% | 2,086 | Common | NONE |
| 464286525 | ACWV | iShares MSCI All Country World | $206,388 | 0.01% | 1,738 | Common | NONE |
| 464288877 | EFV | iShares MSCI EAFE Value Index | $203,317 | 0.01% | 2,847 | Common | NONE |
| 58933Y105 | MRK | Merck & Co Inc | $202,626 | 0.01% | 1,925 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.