13F HOLDINGS REPORT

JMG Financial Group, Ltd.

Quarter ended Q1 2025 · Filed May 5, 2025 · Accession 0001314404-25-000002

Total Value

$2.97B

Positions

120

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (120)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	Vanguard S&P 500 ETF	922908363	1,392,132	$715.4M	24.13%
2	Vanguard Mid Cap Vipers	922908629	1,345,236	$347.9M	11.73%
3	Vanguard MSCI EAFE ETF	921943858	6,173,009	$313.8M	10.58%
4	Schwab US Large Cap ETF	808524201	8,142,312	$179.8M	6.06%
5	Dimensional US Small Cap Value	25434V815	5,816,865	$163.7M	5.52%
6	SPDR S&P 500 ETF Trust	SPY	254,037	$142.1M	4.79%
7	Vanguard MSCI Emerging Markets	922042858	2,875,384	$130.1M	4.39%
8	Dimensional Global Real Estate	25434V658	4,796,352	$126.0M	4.25%
9	DFA International Core Equity	25434V799	4,102,611	$113.9M	3.84%
10	Schwab International Equity ET	808524805	4,384,101	$86.7M	2.92%
11	Schwab US Mid Cap ETF	808524508	2,875,095	$75.3M	2.54%
12	iShares Russell Midcap	464287499	883,878	$75.2M	2.54%
13	Vanguard Small Cap Value	922908611	286,017	$53.3M	1.80%
14	Dimensional Emerging Markets C	25434V732	1,954,026	$51.7M	1.74%
15	Vanguard Total Stock Market Vi	922908769	158,350	$43.5M	1.47%
16	Vanguard Large Cap	922908637	153,876	$39.6M	1.33%
17	Schwab Emerging Markets	808524706	928,534	$25.6M	0.86%
18	Vanguard REIT Vipers	922908553	251,998	$22.8M	0.77%
19	iShares Trust S&P 500 Index	464287200	40,510	$22.8M	0.77%
20	iShares Russell Midcap Growth	464287481	119,724	$14.1M	0.47%
21	Vanguard FTSE All-World EX-US	922042775	230,044	$14.0M	0.47%
22	iShares Russell 1000 Growth	464287614	36,643	$13.2M	0.45%
23	iShares Russell 1000 Index Fun	464287622	41,091	$12.6M	0.43%
24	Vanguard Growth Vipers	922908736	29,680	$11.0M	0.37%
25	iShares Russell Midcap Value	464287473	78,832	$9.9M	0.33%
26	Vanguard Mid Cap Value	922908512	60,305	$9.7M	0.33%
27	Vanguard Value	922908744	49,000	$8.5M	0.29%
28	Vanguard Global Ex US Real Est	922042676	197,720	$8.0M	0.27%
29	Schwab US Broad Market ETF	808524102	339,945	$7.3M	0.25%
30	Schwab US Large Cap Growth ETF	808524300	270,325	$6.8M	0.23%
31	Vanguard Mid Cap Growth Index	922908538	27,076	$6.6M	0.22%
32	iShares Russell 2000 Index	464287655	32,015	$6.4M	0.22%
33	Dimensional US Small Cap ETF	25434V500	89,212	$5.3M	0.18%
34	iShares Russell 1000 Value Ind	464287598	25,362	$4.8M	0.16%
35	Vanguard Small Cap	922908751	18,516	$4.1M	0.14%
36	Invesco QQQ Trust	IVZ	8,371	$3.9M	0.13%
37	SPDR S&P MidCap 400 ETF Trust	MDY	7,230	$3.9M	0.13%
38	Vanguard Dividend Appreciation	921908844	19,345	$3.8M	0.13%
39	iShares MSCI EAFE Index Fund	464287465	40,919	$3.3M	0.11%
40	iShares Core US Growth ETF	464287671	26,181	$3.3M	0.11%
41	iShares Russell 3000 Index	464287689	10,285	$3.3M	0.11%
42	Schwab US Tips ETF	808524870	107,432	$2.9M	0.10%
43	iShares Trust S&P SmallCap 600	464287804	26,754	$2.8M	0.09%
44	Vanguard ST Inflation Protecte	922020805	55,224	$2.8M	0.09%
45	Schwab US Aggregate Bond ETF	808524839	117,341	$2.7M	0.09%
46	Sector SPDR Technology Select	81369Y803	13,110	$2.7M	0.09%
47	iShares ESG Aware MSCI EAFE ET	46435G516	32,998	$2.7M	0.09%
48	Schwab US REIT ETF	808524847	120,957	$2.6M	0.09%
49	iShares Tr S&P 500/Barra Growt	464287309	26,960	$2.5M	0.08%
50	Berkshire Hathaway Cl B	BRK-A	4,272	$2.3M	0.08%
51	Microsoft Corp	MSFT	5,796	$2.2M	0.07%
52	Vanguard Total International B	92203j407	41,108	$2.0M	0.07%
53	iShares Russell 2000 Growth	464287648	6,603	$1.7M	0.06%
54	Dimensional International Valu	25434v807	39,541	$1.6M	0.05%
55	Dimensional US Real Estate ETF	25434V823	65,266	$1.6M	0.05%
56	iShares ESG Aware MSCI USA ETF	46435G425	12,544	$1.5M	0.05%
57	iShares DJ Select Dividend Ind	464287168	11,298	$1.5M	0.05%
58	IShares Core MSCI Emerging ETF	46434g103	27,588	$1.5M	0.05%
59	iShares Core MSCI EAFE ETF	46432f842	19,438	$1.5M	0.05%
60	iShares ESG Aware MSCI ETF	46434G863	37,831	$1.3M	0.04%
61	Schwab US Large Cap Value ETF	808524409	46,642	$1.2M	0.04%
62	iShares MSCI Minimum Volatilit	46429b697	12,847	$1.2M	0.04%
63	Apple Inc	AAPL	5,330	$1.2M	0.04%
64	iShares MSCI ACWI Index Fund	464288257	10,000	$1.2M	0.04%
65	Schwab US Small Cap ETF	808524607	48,269	$1.1M	0.04%
66	Schwab US Dividend Equity ETF	808524797	36,804	$1.0M	0.03%
67	Invesco S&P 500 Equal Weight E	IVZ	5,877	$1.0M	0.03%
68	iShares S&P Mid Cap 400 Index	464287507	15,618	$911,310	0.03%
69	iShares Trust S&P 500/Barra Va	464287408	4,773	$909,695	0.03%
70	iShares MSCI Emerging Markets	464287234	20,523	$896,876	0.03%
71	Alphabet Inc Cl A	GOOG	5,740	$887,634	0.03%
72	SPDR Gold Shares	GLD	3,052	$879,403	0.03%
73	iShares Core MSCI Total Intl S	46432f834	11,788	$822,920	0.03%
74	iShares S&P Mid Cap 400 Value	464287705	6,682	$800,011	0.03%
75	Vanguard Total Bond Market ETF	921937835	10,859	$797,594	0.03%
76	TransDigm Group Inc	TDG	513	$709,628	0.02%
77	iShares Core US Aggregate Bond	464287226	6,685	$661,236	0.02%
78	iShares ESG Advanced MSCI EAFE	46436E759	9,348	$629,494	0.02%
79	Schwab Fundamental US Small Co	808524763	22,678	$621,142	0.02%
80	Pimco 0-5 Year High Yield Corp	72201R783	6,166	$577,527	0.02%
81	iShares MSCI Emerging Markets	464286533	9,881	$576,474	0.02%
82	iShares Russell 2000 Value	464287630	3,803	$574,177	0.02%
83	MasterCard Inc	MA	1,018	$558,162	0.02%
84	iShares ESG Advanced MSCI USA	46436E767	11,633	$542,912	0.02%
85	Vanguard Total World Stock Ind	922042742	4,489	$520,474	0.02%
86	Vanguard Total International S	921909768	8,197	$509,034	0.02%
87	Exxon Mobil Corporation	XOM	4,149	$493,441	0.02%
88	iShares MSCI EAFE Small Cap In	464288273	7,501	$476,539	0.02%
89	Amazon Communications	AMZN	2,334	$444,067	0.01%
90	Schwab Fundamental Large Cap I	808524771	18,515	$437,139	0.01%
91	iShares S&P Small Cap 600 Valu	464287879	4,442	$433,018	0.01%
92	SPDR Financial Select Sector E	81369Y605	8,554	$426,075	0.01%
93	iShares Barclays US Treasury I	464287176	3,832	$425,697	0.01%
94	Goldman Sachs Active Beta ETF	NVGLF	3,826	$421,112	0.01%
95	iShares MSCI EAFE Minimum Vola	46429b689	5,231	$407,600	0.01%
96	Johnson & Johnson	JNJ	2,369	$392,805	0.01%
97	Royal Gold Inc	RGLD	2,381	$389,317	0.01%
98	iShares Lehman 3-7 Year Treasu	464288661	2,995	$353,814	0.01%
99	Alphabet Inc Cl C	GOOG	2,215	$346,070	0.01%
100	Vanguard Russell 1000 Growth	92206c680	3,689	$342,262	0.01%
101	Costco Wholesale Corp	22160K105	360	$340,867	0.01%
102	Procter & Gamble Co	742718109	1,887	$321,532	0.01%
103	Home Depot Inc	HD	850	$311,517	0.01%
104	SPDR S&P Dividend ETF	78464a763	2,154	$292,266	0.01%
105	iShares Core S&P Total US Stoc	464287150	2,376	$289,896	0.01%
106	Meta Platforms Inc	META	493	$284,134	0.01%
107	Schwab Fundamental Intl Large	808524755	7,407	$267,685	0.01%
108	Vanguard Mega Cap Growth ETF	921910816	826	$255,135	0.01%
109	Fidelity National Information	31620m106	3,368	$251,522	0.01%
110	Vanguard Small Cap Growth	922908595	958	$241,207	0.01%
111	OShares FTSE Russell Small Cap	6711op100	5,579	$234,423	0.01%
112	iShares Core Growth Allocation	464289867	3,996	$230,050	0.01%
113	Vanguard Utilities ETF	92204a876	1,342	$229,256	0.01%
114	Vanguard Tax Exempt Bond Index	922907746	4,386	$217,633	0.01%
115	Nvidia Corp	NVDA	1,950	$211,346	0.01%
116	Vanguard Health Care Vipers	92204a504	783	$207,250	0.01%
117	Automatic Data Processing	ADP	675	$206,233	0.01%
118	iShares Core Dividend Growth	46434v621	3,300	$203,874	0.01%
119	SPDR S&P International Small C	78463x871	6,329	$202,275	0.01%
120	Vantage Drilling Company	222222222	37,000	$0	0.00%