Johnson Financial Group, LLC

Registered adviser

CIK

1706327

Location

Denver, CO

Portfolio Value

Mid $1,984,456,327

Diversification

Highly concentrated

Filing Date

Global Rank

#1,687 / 8,825 ▲ 79 · as of Jun 2026

Top Industry

Consumer Electronics 9.2%

Period ended 35 days ago

Filed Nov 3, 2026 · 1d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 125101

Roster of Nov 1, 2026

Regulatory AUM

$4,529,119,285

Main clients

Individuals and high net worth (99% of AUM)

Private funds

1 fund · Private equity funds

Focus by gross assets, Schedule D of Dec 12, 2024

$5,380,819 gross assets

Private funds on Schedule D 7.B.(1)

As filed Dec 12, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$3,759,505 gross assets in 1 fund Private equity funds $3,759,505 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$4,529,119,285	Individuals and high net worth (99%)
Apr 2025 to Mar 2026	$2,745,499,208	Individuals and high net worth (100%)
Apr 2024 to Mar 2025	$2,476,192,497	Individuals and high net worth (100%)
May 2023 to Mar 2024	$1,998,763,352	Individuals and high net worth (100%)
Apr 2023	$1,998,763,352	Individuals and high net worth (100%)
Apr 2022 to Mar 2023	$2,163,979,560	Individuals and high net worth (100%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Concentrated

The top 10 positions are 88.3% of the book (60%+)

Turnover

Low turnover

12.0% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 22.3 quarters (12+), a floor since 77.1% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 84.4%; sector active share 76.4% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

143 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

59.7%

+3.4 pts

Top 5

91.6%

+6.9 pts

Top 10

95.1%

+6.8 pts

HHI

3,866

Highly concentrated+429

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	95.9%	$1,902,746,918	76
Technology	1.3%	$26,685,932	16
Financial Services	0.7%	$14,781,160	15
Consumer Cyclical	0.6%	$11,805,728	6
Communication Services	0.4%	$7,621,752	4
Consumer Defensive	0.3%	$6,776,960	4
Industrials	0.3%	$5,557,205	6
Healthcare	0.2%	$4,233,946	9
Energy	0.1%	$2,766,860	5
Basic Materials	0.1%	$1,479,866	2

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

15 positions

Ticker	Company	Δ Shares	Shares	Value
JAAA	Janus Henderson AAA CLO ETF	+1,447,397	1,602,569	$80,881,657
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	+355,796	2,693,346	$159,742,351
VV	VANGUARD LARGE-CAP INDEX FUND	+349,953	3,062,148	$1,077,416,773
VEA	Vanguard FTSE Developed Markets ETF	+336,028	3,715,890	$262,378,992
SCHC	Schwab International Small-Cap Equity ETF	+223,494	1,354,693	$67,382,429
SCHG	Schwab U.S. Large-Cap Growth ETF	+139,452	333,739	$11,991,242
SCHV	Schwab U.S. Large-Cap Value ETF	+90,155	180,375	$6,008,291
VB	Vanguard Index Funds	+20,074	187,838	$53,438,032
SPHQ	Invesco S&P 500 Quality ETF	+2,420	6,506	$547,024
ICLN	iShares Global Clean Energy ETF	+995	44,243	$752,131
—		+773	54,117	$0
BLCR		+677	7,186	$351,826
QQQ	Invesco Qqq Trust, Series 1	+197	7,000	$5,178,390
VUG	VANGUARD GROWTH INDEX FUND	+16	8,597	$774,675
SGOV	iShares 0-3 Month Treasury Bond ETF	+13	3,885	$391,141
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TTEC	TTEC Holdings, Inc.	−219,473	426,191	$554,048
OWL	Blue Owl Capital Inc.	−43,907	10,000	$90,900
NVDA	Nvidia Corp	−37,289	11,829	$2,701,507
PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	−32,215	778,542	$15,025,860
AAPL	Apple Inc.	−24,457	22,525	$7,501,275
AMZN	Amazon Com Inc	−23,454	9,178	$2,286,698
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	−22,305	131,087	$49,057,998
GOOGL	Alphabet Inc.	−13,820	7,082	$2,436,774
MSFT	Microsoft Corp	−11,667	6,542	$3,355,391
MINT	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund	−10,627	44,047	$4,428,925
AVGO	Broadcom Inc.	−8,915	679	$238,458
XOM	ExxonMobil Holdings Corp	−8,898	9,206	$1,498,276
ORCL	Oracle Corp	−8,093	2,234	$306,728
ANET	Arista Networks, Inc.	−7,300	2,728	$555,393
—		−6,878	18,613	$0
GOOG	Alphabet Inc.	−6,783	11,324	$3,858,539
EEMS	iShares Trust	−5,833	75,282	$0
SCHF	Schwab International Equity ETF	−5,445	444,966	$12,223,216
TSLA	Tesla, Inc.	−5,425	4,299	$1,525,328
JPM	Jpmorgan Chase & Co	−5,140	3,315	$1,096,701
SCHE	Schwab Emerging Markets Equity ETF	−5,107	177,631	$6,474,649
MRK	Merck & Co., Inc.	−5,090	3,523	$511,927
WMT	Walmart Inc.	−4,970	2,662	$276,635
ABBV	AbbVie Inc.	−4,338	2,312	$604,796
SCHO	Schwab Short-Term U.S. Treasury ETF	−4,323	146,593	$3,497,708
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
SPCX	Space Exploration Technologies Corp	12,412	$1,872,474
MICC	Magnum Ice Cream Co N.V.	62,510	$1,111,427
CARY	Angel Oak Income ETF	28,605	$575,532
PTY	Pimco Corporate & Income Opportunity Fund	50,589	$556,984
SATL	Satellogic Inc.	96,814	$535,381
VIG	Vanguard Specialized Funds	1,410	$328,967
BABA	Alibaba Group Holding Ltd	2,500	$268,850
SMMD	iShares Russell 2500 ETF	2,372	$202,853
CRK	Comstock Resources Inc	12,955	$159,605
VENU	Venu Holding Corp	50,000	$71,000
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
IJH	iShares Core S&P Mid-Cap ETF	44,327	$3,418,054
MRVL	Marvell Technology, Inc.	10,855	$3,233,595
DELL	Dell Technologies Inc.	5,535	$2,388,131
BMOP		78,489	$1,978,707
C	Citigroup Inc	12,676	$1,774,132
AVDV	Avantis International Small Cap Value ETF	16,484	$1,698,676
AVUV	Avantis U.S. Small Cap Value ETF	11,245	$1,402,926
LLY	ELI LILLY & Co	1,147	$1,375,746
IJR	iShares Core S&P Small-Cap ETF	8,687	$1,288,368
MKSI	Mks Inc	2,830	$1,258,784
TFC	Truist Financial Corp	24,688	$1,229,956
AMAT	Applied Materials Inc	1,595	$1,153,185
APP	AppLovin Corp	2,189	$1,127,838
BCTK	Baron Technology ETF	34,453	$1,119,067
ETN	Eaton Corp plc	2,520	$1,073,822
CSCO	Cisco Systems, Inc.	8,923	$1,048,095
KLAC	Kla Corp	3,468	$1,046,330
EFA	iShares MSCI EAFE ETF	9,855	$1,023,737
CAT	Caterpillar Inc	919	$978,643
EPD	Enterprise Products Partners L.P.	26,142	$960,979
ROKU	Roku, Inc	6,931	$957,448
UNH	Unitedhealth Group Inc	2,285	$949,714
KO	Coca Cola Co	11,448	$930,378
AVEM	Avantis Emerging Markets Equity ETF	9,621	$928,330
ONTO	Onto Innovation Inc.	2,414	$913,578
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

143 tracked positions · $1,984,456,327 total · filing declares 143 positions · $1,995,323,408 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology

Showing 1–50 of 143 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VV	VANGUARD LARGE-CAP INDEX FUND	Added	3,062,148	+349,953	$1,077,416,773	+15.5%	54.29%
VEA	Vanguard FTSE Developed Markets ETF	Added	3,715,890	+336,028	$262,378,992	+9.0%	13.22%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Added	2,693,346	+355,796	$159,742,351	+14.5%	8.05%
JAAA	Janus Henderson AAA CLO ETF	Added	1,602,569	+1,447,397	$80,881,657	+932.4%	4.08%
SCHC	Schwab International Small-Cap Equity ETF	Added	1,354,693	+223,494	$67,382,429	+23.8%	3.40%
VB	Vanguard Index Funds	Added	187,838	+20,074	$53,438,032	+5.1%	2.69%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	131,087	-22,305	$49,057,998	−13.6%	2.47%
SPY	Spdr S&P 500 ETF Trust	Reduced	21,694	-63	$16,544,495	+1.8%	0.83%
PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	Reduced	778,542	-32,215	$15,025,860	+16.7%	0.76%
SCHF	Schwab International Equity ETF	Reduced	444,966	-5,445	$12,223,216	−2.0%	0.62%
SCHG	Schwab U.S. Large-Cap Growth ETF	Added	333,739	+139,452	$11,991,242	+82.4%	0.60%
VSS	VANGUARD FTSE ALL-WORLD EX-US SMALL-CAP INDEX FUND	Reduced	63,781	-35	$9,902,000	+0.6%	0.50%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	303,846	-58	$9,115,380	+1.9%	0.46%
IVV	iShares Core S&P 500 ETF	Reduced	10,166	-590	$7,785,631	−3.3%	0.39%
AAPL	Apple Inc. Technology	Reduced	22,525	-24,457	$7,501,275	−44.8%	0.38%
MAR	Marriott International Inc Consumer Cyclical	Reduced	19,029	-357	$6,768,044	−5.8%	0.34%
SCHE	Schwab Emerging Markets Equity ETF	Reduced	177,631	-5,107	$6,474,649	−2.3%	0.33%
SCHV	Schwab U.S. Large-Cap Value ETF	Added	180,375	+90,155	$6,008,291	+91.3%	0.30%
PAYC	Paycom Software, Inc. Technology	Reduced	25,000	-378	$5,441,250	+70.6%	0.27%
QQQ	Invesco Qqq Trust, Series 1	Added	7,000	+197	$5,178,390	+3.4%	0.26%
HLF	Herbalife Ltd. Consumer Defensive	Reduced	414,500	-90	$5,027,885	−7.8%	0.25%
VNQ	VANGUARD REAL ESTATE INDEX FUND	Reduced	50,717	-2,700	$4,545,764	−11.7%	0.23%
MINT	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund	Reduced	44,047	-10,627	$4,428,925	−19.6%	0.22%
GOOG	Alphabet Inc. Communication Services	Reduced	11,324	-6,783	$3,858,539	−39.7%	0.19%
SCHO	Schwab Short-Term U.S. Treasury ETF	Reduced	146,593	-4,323	$3,497,708	−4.0%	0.18%
RJF	Raymond James Financial Inc Financial Services	Reduced	21,474	-508	$3,393,321	+1.5%	0.17%
MSFT	Microsoft Corp Technology	Reduced	6,542	-11,667	$3,355,391	−50.6%	0.17%
IWB	iShares Russell 1000 ETF	Reduced	7,341	-1	$3,054,810	+1.6%	0.15%
EWX	State Street(R) SPDR(R) S&P(R) Emerging Markets Small Cap ETF	Reduced	42,439	-4,218	$3,017,412	−13.0%	0.15%
BRK-A	Berkshire Hathaway Inc Financial Services	Held	4	0	$2,988,020	−0.2%	0.15%
IWD	iShares Russell 1000 Value ETF	Reduced	10,954	-1,534	$2,715,825	−10.3%	0.14%
NVDA	Nvidia Corp Technology	Reduced	11,829	-37,289	$2,701,507	−72.5%	0.14%
SCHR	Schwab Intermediate-Term U.S. Treasury ETF	Reduced	105,611	-2,819	$2,502,980	−6.4%	0.13%
GOOGL	Alphabet Inc. Communication Services	Reduced	7,082	-13,820	$2,436,774	−67.4%	0.12%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	9,178	-23,454	$2,286,698	−70.6%	0.12%
BLK	BlackRock, Inc. Financial Services	Reduced	2,111	-119	$2,234,050	+4.2%	0.11%
COMT	iShares GSCI Commodity Dynamic Roll Strategy ETF	Reduced	59,213	-385	$2,182,591	+20.6%	0.11%
VOO	VANGUARD 500 INDEX FUND	Reduced	2,916	-98	$2,043,707	−1.3%	0.10%
BNDX	Vanguard Total International Bond ETF	Reduced	42,676	-402	$2,000,224	−4.1%	0.10%
SPCX	Space Exploration Technologies Corp Industrials	NEW	12,412	NEW	$1,872,474	NEW	0.09%
MCO	Moodys Corp Financial Services	Reduced	3,797	-54	$1,724,331	−1.1%	0.09%
IEFA	iShares Core MSCI EAFE ETF	Reduced	16,728	-366	$1,620,608	−1.8%	0.08%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	4,299	-5,425	$1,525,328	−62.7%	0.08%
AEHR	Aehr Test Systems Technology	Held	15,255	0	$1,519,703	+3.7%	0.08%
BGRN	iShares USD Green Bond ETF	Reduced	32,919	-16	$1,501,698	−4.0%	0.08%
XOM	ExxonMobil Holdings Corp Energy	Reduced	9,206	-8,898	$1,498,276	−39.5%	0.08%
SCHH	Schwab U.S. REIT ETF	Reduced	63,741	-548	$1,404,851	−7.7%	0.07%
VTV	VANGUARD VALUE INDEX FUND	Held	6,032	0	$1,303,394	−0.8%	0.07%
VOYG	Voyager Technologies, Inc. Industrials	Reduced	42,885	-33	$1,297,271	−6.3%	0.07%
PANW	Palo Alto Networks Inc Technology	Reduced	3,211	-1,864	$1,275,762	−26.3%	0.06%

Showing the top 50 of 143 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.