Top Holdings by value as of 2025-09-30:

1. VANGUARD INDEX FDS - $596.0M (54%)
2. VANGUARD TAX-MANAGED FDS - $148.7M (14%)
3. PIMCO ETF TR - $129.4M (12%)
4. VANGUARD INTL EQUITY INDEX F - $88.9M (8%)
5. SCHWAB STRATEGIC TR - $60.5M (6%)

When compared to holdings as of 2025-06-30:

New Positions:

• AT&T INC
• BLACKSTONE SECD LENDING FD
• BROADCOM INC
• COSTCO WHSL CORP NEW
• ELI LILLY & CO
• ... and 15 more

Closed Positions:

• DIMENSIONAL ETF TRUST - INTERNATNAL VAL
• DISNEY WALT CO
• INVENTRUST PPTYS CORP
• INVESCO QQQ TR
• ISHARES TR - CORE MSCI INTL
• ... and 2 more

Increase Position by 25% or more:

• ALPHABET INC - CAP STK CL A
• GILEAD SCIENCES INC
• ISHARES TR - CORE S&P500 ETF
• META PLATFORMS INC
• NVIDIA CORPORATION
• ... and 3 more

Reduce Position by 25% or more:

• ISHARES TR - MSCI USA QLT FCT
• JOHNSON & JOHNSON
• SPDR S&P 500 ETF TR
• VANGUARD INDEX FDS - S&P 500 ETF SHS

Johnson Financial Group, LLC is headquartered in Denver, CO.

Source