13F HOLDINGS REPORT

SJA Financial Advisory, LLC

Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0001697024-26-000001

Total Value

$149.4M

Positions

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (41)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES CORE MSCI EAFE	46432F842	263,482	$23.6M	15.77%
2	ISHARES S&P 500 INDEX	464287200	23,543	$16.1M	10.79%
3	VANGUARD TOTAL BOND MARKET ETF	921937835	152,169	$11.3M	7.54%
4	ISHARES S&P 500 VALUE ETF	464287408	51,906	$11.0M	7.37%
5	ISHARES S&P 500 GROWTH ETF	464287309	88,953	$11.0M	7.34%
6	ISHARES S&P MID-CAP 400 GROWTH ETF	464287606	93,720	$9.1M	6.08%
7	ISHARES CORE MSCI EMERGING MKTS	46434G103	123,739	$8.3M	5.57%
8	VANGUARD FTSE DEVELOPED MARKETS ETF	921943858	103,043	$6.4M	4.31%
9	ISHARES S&P MIDCAP 400 VALUE ETF	464287705	44,432	$5.8M	3.91%
10	ISHARES RUSSELL 1000 VALUE ETF	464287598	23,500	$4.9M	3.31%
11	SCHWAB U.S. LARGE-CAP GROWTH ETF	808524300	112,594	$3.7M	2.46%
12	SCHWAB U.S. LARGE-CAP ETF	808524201	125,690	$3.4M	2.26%
13	ISHARES S&P SMALLCAP 600 VALUE ETF	464287879	29,538	$3.4M	2.25%
14	ISHARES S&P SMALL-CAP 600 GROWTH ETF	464287887	19,455	$2.7M	1.84%
15	SCHWAB U.S. LARGE-CAP VALUE ETF	808524409	90,704	$2.7M	1.80%
16	VANGUARD REIT INDEX ETF	922908553	29,363	$2.6M	1.74%
17	ISHARES RUSSELL 1000 ETF	464287622	6,348	$2.4M	1.59%
18	ISHARES CORE S&P MID CAP ETF	464287507	35,712	$2.4M	1.58%
19	ISHARES RUSSELL 1000 GROWTH ETF	464287614	4,223	$2.0M	1.34%
20	ISHARES US REAL ESTATE ETF	464287739	20,680	$1.9M	1.30%
21	ISHARES RUSSELL MIDCAP VALUE INDEX	464287473	10,484	$1.5M	0.99%
22	STATE STREET SPDR S&P 400 MID CAP GROWTH ETF	78464A821	15,891	$1.5M	0.98%
23	ISHARES S&P SMALLCAP 600 ETF	464287804	9,817	$1.2M	0.79%
24	ISHARES TRUST CORE MSCI TOTAL INTL STK ETF	46432F834	12,006	$1.0M	0.68%
25	FIDELITY ENHANCED LARGE CAP CORE ETF	316092113	26,147	$998,015	0.67%
26	ISHARES RUSSELL 2000 ETF	464287655	4,007	$986,306	0.66%
27	VANGUARD S&P 500 ETF	922908363	1,522	$954,223	0.64%
28	SCHWAB EMERGING MARKETS EQUITY ETF	808524706	27,085	$887,033	0.59%
29	SCHWAB INTERNATIONAL EQUITY ETF	808524805	32,045	$770,358	0.52%
30	STATE STREET SPDR PORTFOLIO EMERGING MARKETS ETF	78463X509	16,126	$754,843	0.51%
31	STATE STREET SPDR S&P 400 MID CAP VALUE ETF	78464A839	8,458	$715,976	0.48%
32	STATE STREET SPDR S&P MIDCAP 400 ETF TRUST	MDY	986	$595,131	0.40%
33	ISHARES RUSSELL 2000 VALUE	464287630	3,013	$545,938	0.37%
34	ISHARES TR RUSSELL MIDCAP INDEX FD	464287499	4,648	$447,444	0.30%
35	SCHWAB U.S. BROAD MARKET ETF	808524102	15,368	$403,106	0.27%
36	ISHARES NATIONAL MUNI BOND ETF	464288414	3,273	$350,543	0.23%
37	POWERSHARES QQQ TR	IVZ	465	$285,452	0.19%
38	VANGUARD EXTENDED MARKET ETF	922908652	1,193	$249,565	0.17%
39	STATE STREET SPDR BLOOMBERG HIGH YIELD BOND ETF	78468R622	2,538	$246,681	0.17%
40	STATE STREET SPDR S&P 500 ETF	SPY	332	$226,092	0.15%
41	SCHWAB U.S. SMALL-CAP ETF	808524607	7,146	$203,506	0.14%