# JFG Wealth Management, LLC

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 1766972. Source: https://holderbook.com/funds/1766972-jfg-wealth-management-llc/

- Reported value: $510.6M
- Positions: 67
- Weight of the ten largest: 88.4%
- Filed: 2025-10-31

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $236.0M | 766,719 | 46.2% | 28 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $63.6M | 1,060,916 | 12.5% | 28 |
| PIMCO ETF TR | [MINT](https://holderbook.com/stocks/MINT/) | $62.1M | 616,365 | 12.2% | 28 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $31.9M | 588,161 | 6.2% | 28 |
| SCHWAB STRATEGIC TR | [SCHC](https://holderbook.com/stocks/SCHC/) | $17.2M | 378,624 | 3.4% | 22 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $13.4M | 52,765 | 2.6% | 28 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $8.7M | 46,665 | 1.7% | 8 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $7.5M | 11,297 | 1.5% | 10 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $5.6M | 60,709 | 1.1% | 28 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $5.1M | 15,668 | 1.0% | 17 |
| INVESCO ACTVELY MNGD ETC FD | [PDBC](https://holderbook.com/stocks/PDBC/) | $4.1M | 307,945 | 0.8% | 13 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $4.0M | 151,058 | 0.8% | 5 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $3.5M | 149,815 | 0.7% | 4 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.8M | 4,684 | 0.6% | 10 |
| ISHARES INC | [EEMS](https://holderbook.com/stocks/EEMS/) | $2.8M | 40,944 | 0.5% | 22 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $2.7M | 7,303 | 0.5% | 12 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $2.5M | 12,218 | 0.5% | 14 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.1M | 3,076 | 0.4% | 15 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.0M | 7,746 | 0.4% | 14 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $1.8M | 35,878 | 0.3% | 13 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $1.8M | 72,048 | 0.3% | 8 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $1.6M | 51,584 | 0.3% | 12 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $1.6M | 11,293 | 0.3% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $1.5M | 2 | 0.3% | 10 |
| SPDR INDEX SHS FDS | [EWX](https://holderbook.com/stocks/EWX/) | $1.4M | 21,226 | 0.3% | 8 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $1.4M | 40,489 | 0.3% | 8 |
| SCHWAB STRATEGIC TR | [SCHR](https://holderbook.com/stocks/SCHR/) | $1.2M | 48,928 | 0.2% | 22 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.1M | 2,180 | 0.2% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.1M | 4,820 | 0.2% | 10 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.0M | 2,284 | 0.2% | 4 |
| SPDR SERIES TRUST | [TFI](https://holderbook.com/stocks/TFI/) | $979.0K | 21,483 | 0.2% | 11 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $812.9K | 9,311 | 0.2% | 11 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $807.4K | 4,426 | 0.2% | 4 |
| SPDR SERIES TRUST | [SPYX](https://holderbook.com/stocks/SPYX/) | $780.7K | 14,234 | 0.2% | 22 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $767.4K | 1,600 | 0.2% | 6 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $715.3K | 1,527 | 0.1% | 15 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $706.2K | 2,905 | 0.1% | 8 |
| SCHWAB STRATEGIC TR | [SCHH](https://holderbook.com/stocks/SCHH/) | $690.7K | 32,022 | 0.1% | 8 |
| NUSHARES ETF TR | [NULC](https://holderbook.com/stocks/NULC/) | $688.7K | 13,224 | 0.1% | 5 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $649.0K | 17,854 | 0.1% | 5 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $634.2K | 20,280 | 0.1% | 6 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $624.2K | 3,347 | 0.1% | 6 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $590.0K | 5,859 | 0.1% | 1 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $545.5K | 4,519 | 0.1% | 6 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $523.0K | 854 | 0.1% | 6 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $505.0K | 3,653 | 0.1% | 11 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $480.9K | 2,077 | 0.1% | 6 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $409.2K | 2,395 | 0.1% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $408.6K | 1,197 | 0.1% | 10 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $397.9K | 5,999 | 0.1% | 6 |
| SPDR SERIES TRUST | [SHM](https://holderbook.com/stocks/SHM/) | $392.3K | 8,136 | 0.1% | 13 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $380.7K | 1,563 | 0.1% | 1 |
| VANGUARD SCOTTSDALE FDS | [VONV](https://holderbook.com/stocks/VONV/) | $372.9K | 4,172 | 0.1% | 11 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $347.4K | 1,101 | 0.1% | 5 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $345.3K | 2,129 | 0.1% | 6 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $321.4K | 4,925 | 0.1% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $298.9K | 407 | 0.1% | 1 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $295.0K | 874 | 0.1% | 2 |
| STRATEGY INC | [MSTR](https://holderbook.com/stocks/MSTR/) | $266.1K | 826 | 0.1% | 4 |
| NUSHARES ETF TR | [NUDM](https://holderbook.com/stocks/NUDM/) | $259.9K | 6,909 | 0.1% | 5 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $251.4K | 3,445 | 0.0% | 6 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $244.3K | 1,833 | 0.0% | 6 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $224.5K | 1,154 | 0.0% | 2 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $222.2K | 3,776 | 0.0% | 6 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $218.1K | 661 | 0.0% | 1 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $214.4K | 3,252 | 0.0% | 1 |
| COLUMBIA ETF TR I | [SEMI](https://holderbook.com/stocks/SEMI/) | $212.6K | 6,800 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2025 | +6.4% | +7.8% | -1.4% | 100% |
| Q2 2025 | +9.1% | +10.5% | -1.3% | 100% |
| Q1 2025 | -2.0% | -4.6% | +2.6% | 100% |
| Q4 2024 | -1.0% | +2.1% | -3.1% | 100% |
| Q3 2024 | +5.4% | +5.4% | +0.0% | 100% |
| Q2 2024 | +0.1% | +4.0% | -3.9% | 100% |
| Q1 2024 | +5.9% | +10.0% | -4.2% | 100% |
| Q4 2023 | +7.7% | +11.2% | -3.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $510.6M | 67 |
| Q2 2025 | $478.0M | 62 |
| Q1 2025 | $440.0M | 80 |
| Q4 2024 | $436.3M | 97 |
| Q3 2024 | $364.5M | 73 |
| Q2 2024 | $351.2M | 56 |
| Q1 2024 | $372.9M | 61 |
| Q4 2023 | $348.3M | 80 |
| Q3 2023 | $306.2M | 35 |
| Q2 2023 | $326.1M | 37 |
| Q1 2023 | $293.6M | 30 |
| Q4 2022 | $307.9M | 35 |