Institutional Manager · CIK 0001803673

PAX Financial Group, LLC

San Antonio, TX · File #028-20173

Latest AUM

$579.9M

Positions

207

Top-10 Concentration

49.4%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	ISHARES TR	464287408	+53,752	+$11.4M	+$480,890
REDUCE	ISHARES TR	46432F339	-48,932	-$9.7M	+$447,984
ADD	ISHARES INC	46434G103	+92,134	+$6.2M	+$305,430
ADD	ISHARES TR	46432F396	+16,054	+$4.0M	-$149,129
ADD	BLACKROCK ETF TRUST	BLK	+59,196	+$3.6M	+$636,731
REDUCE	VANGUARD INDEX FDS	922908363	-4,977	-$3.1M	+$158,489
ADD	ISHARES TR	464287200	+3,830	+$2.6M	+$650,034
ADD	ISHARES TR	464287101	+7,061	+$2.4M	+$526,314
ADD	ISHARES TR	464287309	+18,476	+$2.3M	+$478,414
NEW	STRATEGY SHS	EVEX-WT	+88,469	+$2.2M	$0

Sector Allocation

Financials

15.0%$87.2M

Technology

4.0%$23.5M

Healthcare

1.0%$5.9M

Consumer Discretionary

1.0%$5.7M

Industrials

0.6%$3.4M

Communication Services

0.5%$3.0M

0.3%$1.9M

0.2%$1.2M

0.2%$952,250

0.1%$462,795

0.0%$271,400

Filing History

Feb 5, 202613F HOLDINGS REPORTQ/E Dec 2025207 pos · $579.9M
Nov 4, 202513F HOLDINGS REPORTQ/E Sep 2025216 pos · $555.0M
Aug 11, 202513F HOLDINGS REPORTQ/E Jun 2025234 pos · $523.3M
May 2, 202513F HOLDINGS REPORTQ/E Mar 2025246 pos · $564.2M
Feb 12, 202513F HOLDINGS REPORTQ/E Dec 2024227 pos · $558.8M
Nov 13, 202413F HOLDINGS REPORTQ/E Sep 2024225 pos · $557.6M
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 2024230 pos · $512.0M
May 13, 202413F HOLDINGS REPORTQ/E Mar 2024221 pos · $498.2M
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 2023215 pos · $438.6M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287200	45,388	$31.1M	6.69%
2	ISHARES TR	464287408	140,243	$29.7M	6.40%
3	BLACKROCK ETF TRUST	BLK	454,681	$27.6M	5.95%
4	ISHARES TR	464287309	206,828	$25.5M	5.49%
5	ISHARES TR	46434V613	532,381	$24.8M	5.33%
6	ISHARES INC	46434G103	327,080	$22.0M	4.73%
7	ISHARES TR	464287101	59,017	$20.2M	4.36%
8	ISHARES TR	464288877	276,503	$19.7M	4.25%
9	NORTHERN LTS FD TR IV	NTRSO	450,289	$16.4M	3.54%
10	PIMCO ETF TR	72201R775	133,271	$12.4M	2.67%
11	ISHARES TR	46432F339	59,865	$11.9M	2.56%
12	BLACKROCK ETF TRUST	BLK	278,762	$10.7M	2.31%
13	BLACKROCK ETF TRUST	BLK	321,754	$10.7M	2.31%
14	ISHARES TR	46432F396	40,342	$10.1M	2.17%
15	ISHARES TR	464288653	86,070	$8.8M	1.88%
16	SPDR SERIES TRUST	78464A508	151,669	$8.6M	1.85%
17	VANGUARD TAX-MANAGED FDS	921943858	134,320	$8.4M	1.81%
18	NORTHERN LTS FD TR IV	NTRSO	338,696	$8.2M	1.76%
19	INVESCO EXCH TRD SLF IDX FD	IVZ	125,801	$7.7M	1.66%
20	ISHARES TR	464288588	80,149	$7.6M	1.64%