STEPHENS GROUP ASSET MANAGEMENT, LLC

Registered adviser

CIK

1726808

Location

LITTLE ROCK, AR

Portfolio Value

Mid $1,235,642,564

Diversification

Highly concentrated

Filing Date

Global Rank

#1,670 / 8,811 ▲ 337 · as of Jun 2026

Period ended 21 days ago

Filed Oct 9, 2026 · 12d

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, Oct 1, 2026

Form ADV adviser

CRD 288981

Roster of Oct 1, 2026

Regulatory AUM

$1,703,054,534

Main clients

Individuals and high net worth (77% of AUM)

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 Oct 2026	$1,703,054,534	Individuals and high net worth (77%)
Apr 2025 to Mar 2026	$1,409,178,355	Individuals and high net worth (76%)
Apr 2024 to Mar 2025	$1,137,726,808	Individuals and high net worth (75%)
May 2023 to Mar 2024	$1,008,440,028	Individuals and high net worth (74%)
Apr 2023	$1,008,440,028	Individuals and high net worth (74%)
Apr 2022 to Mar 2023	$1,190,759,848	Individuals and high net worth (70%)

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 100.0% of the book (60%+)

Turnover

Low turnover

10.2% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 25.6 quarters (12+), a floor since 89.8% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 97.0%; sector active share 90.6% 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

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

Top Position

83.0%

+24.3 pts

Top 5

100.0%

+0.1 pts

Top 10

100.0%

0.0 pts

HHI

7,039

Highly concentrated+2,966

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	100.0%	$1,235,642,564	26

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

10 positions

Ticker	Company	Δ Shares	Shares	Value
SPTI	State Street(R) SPDR(R) Portfolio Intermediate Term Treasury ETF	+278,275	2,928,146	$79,879,822
SCHP	Schwab U.S. TIPS ETF	+149,027	1,649,265	$41,446,029
SPIB	State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF	+117,263	1,440,070	$46,485,459
SCHO	Schwab Short-Term U.S. Treasury ETF	+99,898	1,712,575	$40,862,039
—		+70,933	633,950	$0
IWF	iShares Russell 1000 Growth ETF	+31,579	765,350	$0
VOT	VANGUARD MID-CAP GROWTH INDEX FUND	+23,323	689,650	$201,446,765
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	+18,115	327,286	$0
VOE	VANGUARD MID-CAP VALUE INDEX FUND	+4,621	1,227,780	$240,067,823
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	+3,360	466,502	$107,775,957
No positions match the current search.

Trimmed

Positions the filer reduced

9 positions

Ticker	Company	Δ Shares	Shares	Value
VUG	VANGUARD GROWTH INDEX FUND	−57,105	2,403,760	$216,602,813
IWD	iShares Russell 1000 Value ETF	−33,700	394,433	$0
IWS	iShares Russell Mid-Cap Value ETF	−28,996	680,980	$0
IEMG	iShares Trust	−15,027	247,274	$0
IWO	iShares Russell 2000 Growth ETF	−13,577	61,038	$0
VTV	VANGUARD VALUE INDEX FUND	−11,836	969,840	$209,563,027
IEFA	iShares Core MSCI EAFE ETF	−3,292	162,493	$0
—		−2,793	231,073	$0
VBK	VANGUARD SMALL-CAP GROWTH INDEX FUND	−716	148,433	$50,145,120
No positions match the current search.

New Positions

Positions the filer opened this quarter

No qualifying positions this quarter.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

26 tracked positions · $1,235,642,564 total · filing declares 26 positions · $1,750,462,009 · as of Sep 30, 2026

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VOE	VANGUARD MID-CAP VALUE INDEX FUND	Added	1,227,780	+4,621	$240,067,823	−0.7%	19.43%
VUG	VANGUARD GROWTH INDEX FUND	Reduced	2,403,760	-57,105	$216,602,813	+2.2%	17.53%
VTV	VANGUARD VALUE INDEX FUND	Reduced	969,840	-11,836	$209,563,027	−2.0%	16.96%
VOT	VANGUARD MID-CAP GROWTH INDEX FUND	Added	689,650	+23,323	$201,446,765	−1.3%	16.30%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Added	466,502	+3,360	$107,775,957	−4.2%	8.72%
SPTI	State Street(R) SPDR(R) Portfolio Intermediate Term Treasury ETF	Added	2,928,146	+278,275	$79,879,822	+6.2%	6.46%
VBK	VANGUARD SMALL-CAP GROWTH INDEX FUND	Reduced	148,433	-716	$50,145,120	−8.1%	4.06%
SPIB	State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF	Added	1,440,070	+117,263	$46,485,459	+5.0%	3.76%
SCHP	Schwab U.S. TIPS ETF	Added	1,649,265	+149,027	$41,446,029	+4.3%	3.35%
SCHO	Schwab Short-Term U.S. Treasury ETF	Added	1,712,575	+99,898	$40,862,039	+5.0%	3.31%
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	Held	8,305	0	$470,561	−3.9%	0.04%
SPSB	State Street(R) SPDR(R) Portfolio Short Term Corporate Bond ETF	Held	12,491	0	$369,608	−1.4%	0.03%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Held	3,577	0	$276,323	−2.3%	0.02%
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	Held	3,208	0	$251,218	−5.3%	0.02%
		Reduced	231,073	-2,793	$0	−100.0%	0.00%
		Added	633,950	+70,933	$0	−100.0%	0.00%
FLOT	iShares Floating Rate Bond ETF	Held	13,985	0	$0	−100.0%	0.00%
IEFA	iShares Core MSCI EAFE ETF	Reduced	162,493	-3,292	$0	−100.0%	0.00%
IEI	iShares 3-7 Year Treasury Bond ETF	Held	3,878	0	$0	−100.0%	0.00%
IEMG	iShares Trust	Reduced	247,274	-15,027	$0	−100.0%	0.00%
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	Added	327,286	+18,115	$0	−100.0%	0.00%
IWD	iShares Russell 1000 Value ETF	Reduced	394,433	-33,700	$0	−100.0%	0.00%
IWF	iShares Russell 1000 Growth ETF	Added	765,350	+31,579	$0	−100.0%	0.00%
IWO	iShares Russell 2000 Growth ETF	Reduced	61,038	-13,577	$0	−100.0%	0.00%
IWS	iShares Russell Mid-Cap Value ETF	Reduced	680,980	-28,996	$0	−100.0%	0.00%
SHY	iShares 1-3 Year Treasury Bond ETF	Held	6,188	0	$0	−100.0%	0.00%

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.