Top Institutional Investors

JFG Wealth Management, LLC — 13F Holdings & Portfolio

CIK 1766972 · latest 13F-HR filed 2025-10-31

Backtest portfolio

JFG Wealth Management, LLC manages $510.6M in 13F-reported U.S. long-equity assets across 67 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are VV (46.23%), VEA (12.45%), MINT (12.15%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 6 new positions and exited 1; 39 existing positions rose in reported value and 5 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$510.6M

Long-equity book

Holdings
67

Distinct positions

Period
2025-09-30

Filed 2025-10-31

Q/Q Activity
+6 / −1 / ↑39 / ↓5

vs 2025-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 25
VV46.2% · +1%VEA12.4% · +1%MINT12.2% · -5%VWO6.2% · +0%SCHC3.4% · -4%VB2.6% · -2%NVDA1.7% · +7%SPY1.5% · +0%VNQ1.1% · +2%VTI1.0% · -1%PDBC0.8% · -5%SCHX0.8% · 0%SCHF0.7% · -6%QQQ0.6% · +1%EEMS0.5% · 0%IWB0.5% · +0%IWD0.5% · +0%IVV0.4% · 0%AAPL0.4% · +12%BNDX0.3% · +30%SCHO0.3% · +1%SCHG0.3% · -3%VSS0.3% · -5%BRK.A0.3% · 0%EWX0.3% · -2%SCHE0.3% · 0%SCHR0.2% · -1%MSFT0.2% · +88%AMZN0.2% · +29%TSLA0.2% · +25%TFI0.2% · -48%IEFA0.2% · 0%PLTR0.2% · +10%SPYX0.2% · 0%VUG0.1% · +11%IWF0.1% · 0%GOOGL0.1% · +48%SCHH0.1% · -1%NULC0.1% · 0%DFAI0.1% · 0%EPD0.1% · 0%VTV0.1% · 0%SGOV0.1% · newIVW0.1% · 0%VOO0.1% · 0%ACWI0.1% · 0%ABBV0.1% · +3%BX0.1% · +8%V0.1% · +18%KO0.1% · +12%SHM0.1% · 0%GOOG0.1% · newVONV0.1% · 0%JPM0.1% · +28%PM0.1% · +7%IJH0.1% · 0%META0.1% · newCOIN0.1% · +2%MSTR0.1% · +3%NUDM0.1% · 0%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 25 → Q3 25

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

2 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 88.4%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Aug 29, 2025.

Assets Under Management
$1.16B
Discretionary
$684.1M
Employees
47
Accounts
754
Address
1144 FIFTEENTH STREET
SUITE 3950
DENVER, CO 80202
Phone
(720) 778-4467
Website
Name Title / Status Ownership Type
BURKE, LISA, MARIE ControlCHIEF COMPLIANCE OFFICER
since Jul 2025
Less than 5%Individual
JOHNSON FINANCIAL GROUP LLC ControlMANAGING MEMBER
since Jul 2016
75% or moreDomestic Entity
JOHNSON, BRANDON, CARROLL ControlCHIEF EXECUTIVE OFFICER
since Jul 2016
Less than 5%Individual
JOHNSON, WENDY, MARIE ControlCHIEF INNOVATION OFFICER & GENERAL COUNSEL
since Jan 2016
Less than 5%Individual
Keffeler, KristinCHIEF LEARNING OFFICER
since Dec 2021
Less than 5%Individual
MCCONNELL, MARK, PETERMANAGING DIRECTOR
since Jul 2022
Less than 5%Individual
WILLIAMS, ALBERT, WAYNEMANAGING DIRECTOR
since Dec 2016
Less than 5%Individual
B&W HOLDINGS LLC Control
Indirect owner via JOHNSON FINANCIAL GROUP LLC
MEMBER
since Sep 2021
75% or moreDomestic Entity
Ownership & leadership changes · 7 filings with changes since Aug 16, 2016

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Aug 13, 2025 filing
  • AddedBURKE, LISA, MARIE · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedJOHNSON, WENDY, MARIE · title CHIEF COMPLIANCE OFFICER/GENERAL COUNSEL → CHIEF INNOVATION OFFICER & GENERAL COUNSEL
Mar 3, 2023 filing
  • AddedKeffeler, Kristin · CHIEF LEARNING OFFICER · Less than 5%
  • AddedMCCONNELL, MARK, PETER · MANAGING DIRECTOR · Less than 5%
  • Listed againWILLIAMS, ALBERT, WAYNE · MANAGING DIRECTOR · Less than 5%
Oct 19, 2021 filing
  • No longer listedJOHNSON, BRANDON, CARROLL · ELECTED MANAGER & CEO · 75% or more · indirect via JOHNSON FINANCIAL GROUP LLC · control person · listed since Jan 2002
  • AddedB&W HOLDINGS LLC · MEMBER · 75% or more · indirect via JOHNSON FINANCIAL GROUP LLC · control person
Mar 25, 2021 filing
  • ChangedJOHNSON, BRANDON, CARROLL · indirect via JOHNSON FINANCIAL GROUP LLC: ownership 50–75% → 75% or more
  • ChangedJOHNSON, WENDY, MARIE · title CHIEF COMPLIANCE OFFICER/CHIEF LEGAL OFFICER → CHIEF COMPLIANCE OFFICER/GENERAL COUNSEL
Mar 30, 2020 filing
  • ChangedJOHNSON, BRANDON, CARROLL · indirect via JOHNSON FINANCIAL GROUP LLC: title ELECTED MANAGER & PRESIDENT → ELECTED MANAGER & CEO
May 4, 2017 filing
  • No longer listedLUTZ, GARY, BRIAN · MANAGING MEMBER/PRESIDENT · 5–10% · control person · listed since Jul 2016
Mar 27, 2017 filing
  • No longer listedWILLIAMS, ALBERT, WAYNE · CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Jul 2016
  • ChangedLUTZ, GARY, BRIAN · ownership 10–25% → 5–10%
Aug 16, 2016 filing (earliest on record)
  • ListedJOHNSON FINANCIAL GROUP LLC · MANAGING MEMBER · 75% or more · control person
  • ListedJOHNSON, BRANDON, CARROLL · CHIEF EXECUTIVE OFFICER · Less than 5% · control person
  • ListedJOHNSON, BRANDON, CARROLL · ELECTED MANAGER & PRESIDENT · 50–75% · indirect via JOHNSON FINANCIAL GROUP LLC · control person
  • ListedJOHNSON, WENDY, MARIE · CHIEF COMPLIANCE OFFICER/CHIEF LEGAL OFFICER · Less than 5% · control person
  • ListedLUTZ, GARY, BRIAN · MANAGING MEMBER/PRESIDENT · 10–25% · control person
  • ListedWILLIAMS, ALBERT, WAYNE · CHIEF OPERATING OFFICER · Less than 5% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 39 →

Top Trims

Show all 5 →

New Positions

Show all 6 →

Exited Positions

Show all 1 →

JFG Wealth Management, LLC Holdings (2025-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD INDEX FDS VV 922908637 $236.0M 46.23% 766,719 SH
2 VANGUARD TAX-MANAGED FDS VEA 921943858 $63.6M 12.45% 1,060,916 SH
3 PIMCO ETF TR MINT 72201R833 $62.1M 12.15% 616,365 SH
4 VANGUARD INTL EQUITY INDEX F VWO 922042858 $31.9M 6.24% 588,161 SH
5 SCHWAB STRATEGIC TR SCHC 808524888 $17.2M 3.37% 378,624 SH
6 VANGUARD INDEX FDS VB 922908751 $13.4M 2.63% 52,765 SH
7 NVIDIA CORPORATION NVDA 67066G104 $8.7M 1.71% 46,665 SH
8 SPDR S&P 500 ETF TR SPY 78462F103 $7.5M 1.47% 11,297 SH
9 VANGUARD INDEX FDS VNQ 922908553 $5.6M 1.09% 60,709 SH
10 VANGUARD INDEX FDS VTI 922908769 $5.1M 1.01% 15,668 SH
11 INVESCO ACTVELY MNGD ETC FD PDBC 46090F100 $4.1M 0.81% 307,945 SH
12 SCHWAB STRATEGIC TR SCHX 808524201 $4.0M 0.78% 151,058 SH
13 SCHWAB STRATEGIC TR SCHF 808524805 $3.5M 0.68% 149,815 SH
14 INVESCO QQQ TR QQQ 46090E103 $2.8M 0.55% 4,684 SH
15 ISHARES INC EEMS 464286475 $2.8M 0.54% 40,944 SH
16 ISHARES TR IWB 464287622 $2.7M 0.52% 7,303 SH
17 ISHARES TR IWD 464287598 $2.5M 0.49% 12,218 SH
18 ISHARES TR IVV 464287200 $2.1M 0.40% 3,076 SH
19 APPLE INC AAPL 037833100 $2.0M 0.39% 7,746 SH
20 VANGUARD CHARLOTTE FDS BNDX 92203J407 $1.8M 0.35% 35,878 SH
21 SCHWAB STRATEGIC TR SCHO 808524862 $1.8M 0.34% 72,048 SH
22 SCHWAB STRATEGIC TR SCHG 808524300 $1.6M 0.32% 51,584 SH
23 VANGUARD INTL EQUITY INDEX F VSS 922042718 $1.6M 0.32% 11,293 SH
24 BERKSHIRE HATHAWAY INC DEL BRK.A 084670108 $1.5M 0.30% 2 SH
25 SPDR INDEX SHS FDS EWX 78463X756 $1.4M 0.28% 21,226 SH
26 SCHWAB STRATEGIC TR SCHE 808524706 $1.4M 0.26% 40,489 SH
27 SCHWAB STRATEGIC TR SCHR 808524854 $1.2M 0.24% 48,928 SH
28 MICROSOFT CORP MSFT 594918104 $1.1M 0.22% 2,180 SH
29 AMAZON COM INC AMZN 023135106 $1.1M 0.21% 4,820 SH
30 TESLA INC TSLA 88160R101 $1.0M 0.20% 2,284 SH
31 SPDR SERIES TRUST TFI 78468R721 $979.0K 0.19% 21,483 SH
32 ISHARES TR IEFA 46432F842 $812.9K 0.16% 9,311 SH
33 PALANTIR TECHNOLOGIES INC PLTR 69608A108 $807.4K 0.16% 4,426 SH
34 SPDR SERIES TRUST SPYX 78468R796 $780.7K 0.15% 14,234 SH
35 VANGUARD INDEX FDS VUG 922908736 $767.4K 0.15% 1,600 SH
36 ISHARES TR IWF 464287614 $715.3K 0.14% 1,527 SH
37 ALPHABET INC GOOGL 02079K305 $706.2K 0.14% 2,905 SH
38 SCHWAB STRATEGIC TR SCHH 808524847 $690.7K 0.14% 32,022 SH
39 NUSHARES ETF TR NULC 67092P862 $688.7K 0.13% 13,224 SH
40 DIMENSIONAL ETF TRUST DFAI 25434V203 $649.0K 0.13% 17,854 SH
41 ENTERPRISE PRODS PARTNERS L EPD 293792107 $634.2K 0.12% 20,280 SH
42 VANGUARD INDEX FDS VTV 922908744 $624.2K 0.12% 3,347 SH
43 ISHARES TR SGOV 46436E718 $590.0K 0.12% 5,859 SH
44 ISHARES TR IVW 464287309 $545.5K 0.11% 4,519 SH
45 VANGUARD INDEX FDS VOO 922908363 $523.0K 0.10% 854 SH
46 ISHARES TR ACWI 464288257 $505.0K 0.10% 3,653 SH
47 ABBVIE INC ABBV 00287Y109 $480.9K 0.09% 2,077 SH
48 BLACKSTONE INC BX 09260D107 $409.2K 0.08% 2,395 SH
49 VISA INC V 92826C839 $408.6K 0.08% 1,197 SH
50 COCA COLA CO KO 191216100 $397.9K 0.08% 5,999 SH
Filing History
Period Filed AUM Holdings Accession
2025-09-30 2025-10-31 $510.6M 67 0001172661-25-004522
2025-06-30 2025-08-08 $478.0M 62 0001172661-25-002960