JNBA FINANCIAL ADVISORS

Filed: 1/30/2025ACC: 0001569118-25-000001

📋 What this filing means

JNBA FINANCIAL ADVISORS filed this quarterly 13F‑HR report disclosing 648 equity positions with a total reported market value of $979.28M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

648

Positions

$979.28M

Total AUM (reported)

14.20M

Total Shares

Allocation by class

CORE S&P500 ETF$157.87M16.1%

COM$106.80M10.9%

MRNGSTR WDE MOAT$76.07M7.8%

PORTFOLIO DEVLPD$74.29M7.6%

CORE S&P MCP ETF$48.07M4.9%

PORTFOLIO S&P400$41.72M4.3%

PORTFOLIO EMG MK$39.95M4.1%

Portfolio Concentration

Top 3$308.24M31.5%

4–10$234.70M24.0%

11–25$199.14M20.3%

Rest$237.19M24.2%

Top 3 weight

31.5%

Top 10 weight

55.4%

Voting Authority Distribution

Total shares with voting rights: 14.20M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

14.20M

% of voting shares100.0%

Investment Discretion (by position count)

Sole648

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings648

Rows:

ISHARES TR

SOLE

CORE S&P500 ETF

Shares268.18K

TypeSH

Market value$157.87M

16.12%

Sole

0.00

Shared

0.00

None

268.18K

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares820.43K

TypeSH

Market value$76.07M

7.77%

Sole

0.00

Shared

0.00

None

820.43K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO DEVLPD

Shares2.18M

TypeSH

Market value$74.29M

7.59%

Sole

0.00

Shared

0.00

None

2.18M

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares771.49K

TypeSH

Market value$48.07M

4.91%

Sole

0.00

Shared

0.00

None

771.49K

SPDR SER TR

SOLE

PORTFOLIO S&P400

Shares762.87K

TypeSH

Market value$41.72M

4.26%

Sole

0.00

Shared

0.00

None

762.87K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares1.04M

TypeSH

Market value$39.95M

4.08%

Sole

0.00

Shared

0.00

None

1.04M

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares83.90K

TypeSH

Market value$34.44M

3.52%

Sole

0.00

Shared

0.00

None

83.90K

VANGUARD SPECIALIZED FUNDS

SOLE

DIV APP ETF

Shares121.10K

TypeSH

Market value$23.72M

2.42%

Sole

0.00

Shared

0.00

None

121.10K

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares527.87K

TypeSH

Market value$23.71M

2.42%

Sole

0.00

Shared

0.00

None

527.87K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares845.13K

TypeSH

Market value$23.09M

2.36%

Sole

0.00

Shared

0.00

None

845.13K

AFLAC INC

SOLE

COM

Shares217.25K

TypeSH

Market value$22.47M

2.29%

Sole

0.00

Shared

0.00

None

217.25K

SPDR SER TR

SOLE

PRTFLO S&P500 GW

Shares251.92K

TypeSH

Market value$22.14M

2.26%

Sole

0.00

Shared

0.00

None

251.92K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares418.57K

TypeSH

Market value$20.02M

2.04%

Sole

0.00

Shared

0.00

None

418.57K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares553.91K

TypeSH

Market value$18.40M

1.88%

Sole

0.00

Shared

0.00

None

553.91K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares116.65K

TypeSH

Market value$13.44M

1.37%

Sole

0.00

Shared

0.00

None

116.65K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares293K

TypeSH

Market value$12.90M

1.32%

Sole

0.00

Shared

0.00

None

293K

API GROUP CORP

SOLE

COM STK

Shares322.85K

TypeSH

Market value$11.61M

1.19%

Sole

0.00

Shared

0.00

None

322.85K

INVESCO EXCHANGE TRADED FD T

SOLE

FTSE RAFI 1000

Shares281.85K

TypeSH

Market value$11.37M

1.16%

Sole

0.00

Shared

0.00

None

281.85K

MICROSOFT CORP

SOLE

COM

Shares25.97K

TypeSH

Market value$10.95M

1.12%

Sole

0.00

Shared

0.00

None

25.97K

SPDR SER TR

SOLE

S&P 400 MDCP GRW

Shares117.03K

TypeSH

Market value$10.17M

1.04%

Sole

0.00

Shared

0.00

None

117.03K

SPDR SER TR

SOLE

S&P 400 MDCP VAL

Shares126.72K

TypeSH

Market value$10.16M

1.04%

Sole

0.00

Shared

0.00

None

126.72K

VANGUARD WHITEHALL FDS

SOLE

INTL DVD ETF

Shares123.56K

TypeSH

Market value$9.88M

1.01%

Sole

0.00

Shared

0.00

None

123.56K

ISHARES TR

SOLE

MSCI INTL VLU FT

Shares336.10K

TypeSH

Market value$9.11M

0.93%

Sole

0.00

Shared

0.00

None

336.10K

VANGUARD INDEX FDS

SOLE

LARGE CAP ETF

Shares30.77K

TypeSH

Market value$8.30M

0.85%

Sole

0.00

Shared

0.00

None

30.77K

ISHARES GOLD TR

SOLE

ISHARES NEW

Shares166K

TypeSH

Market value$8.22M

0.84%

Sole

0.00

Shared

0.00

None

166K

Issuer	Class	Shares	Type	Value / Portfolio %	None
ISHARES TRSOLE	CORE S&P500 ETF	268.18K	SH	$157.87M 16.12%	268.18K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	820.43K	SH	$76.07M 7.77%	820.43K
SPDR INDEX SHS FDSSOLE	PORTFOLIO DEVLPD	2.18M	SH	$74.29M 7.59%	2.18M
ISHARES TRSOLE	CORE S&P MCP ETF	771.49K	SH	$48.07M 4.91%	771.49K
SPDR SER TRSOLE	PORTFOLIO S&P400	762.87K	SH	$41.72M 4.26%	762.87K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	1.04M	SH	$39.95M 4.08%	1.04M
VANGUARD INDEX FDSSOLE	GROWTH ETF	83.90K	SH	$34.44M 3.52%	83.90K
VANGUARD SPECIALIZED FUNDSSOLE	DIV APP ETF	121.10K	SH	$23.72M 2.42%	121.10K
SPDR SER TRSOLE	PORTFOLIO S&P600	527.87K	SH	$23.71M 2.42%	527.87K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	845.13K	SH	$23.09M 2.36%	845.13K
AFLAC INCSOLE	COM	217.25K	SH	$22.47M 2.29%	217.25K
SPDR SER TRSOLE	PRTFLO S&P500 GW	251.92K	SH	$22.14M 2.26%	251.92K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	418.57K	SH	$20.02M 2.04%	418.57K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	553.91K	SH	$18.40M 1.88%	553.91K
ISHARES TRSOLE	CORE S&P SCP ETF	116.65K	SH	$13.44M 1.37%	116.65K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	293K	SH	$12.90M 1.32%	293K
API GROUP CORPSOLE	COM STK	322.85K	SH	$11.61M 1.19%	322.85K
INVESCO EXCHANGE TRADED FD TSOLE	FTSE RAFI 1000	281.85K	SH	$11.37M 1.16%	281.85K
MICROSOFT CORPSOLE	COM	25.97K	SH	$10.95M 1.12%	25.97K
SPDR SER TRSOLE	S&P 400 MDCP GRW	117.03K	SH	$10.17M 1.04%	117.03K
SPDR SER TRSOLE	S&P 400 MDCP VAL	126.72K	SH	$10.16M 1.04%	126.72K
VANGUARD WHITEHALL FDSSOLE	INTL DVD ETF	123.56K	SH	$9.88M 1.01%	123.56K
ISHARES TRSOLE	MSCI INTL VLU FT	336.10K	SH	$9.11M 0.93%	336.10K
VANGUARD INDEX FDSSOLE	LARGE CAP ETF	30.77K	SH	$8.30M 0.85%	30.77K
ISHARES GOLD TRSOLE	ISHARES NEW	166K	SH	$8.22M 0.84%	166K

Page 1 of 26

…