JNBA FINANCIAL ADVISORS

Filed: 4/25/2025ACC: 0001569118-25-000006

📋 What this filing means

JNBA FINANCIAL ADVISORS filed this quarterly 13F‑HR report disclosing 647 equity positions with a total reported market value of $964.63M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

647

Positions

$964.63M

Total AUM (reported)

14.12M

Total Shares

Allocation by class

CORE S&P500 ETF$124.27M12.9%

COM$105.70M11.0%

PORTFOLIO DEVLPD$74.75M7.7%

BLOOMBERG 1-3 MO$69.57M7.2%

MRNGSTR WDE MOAT$57.16M5.9%

CORE S&P MCP ETF$46.37M4.8%

PORTFOLIO S&P400$42.65M4.4%

Portfolio Concentration

Top 3$268.59M27.8%

4–10$266.91M27.7%

11–25$195.51M20.3%

Rest$233.62M24.2%

Top 3 weight

27.8%

Top 10 weight

55.5%

Voting Authority Distribution

Total shares with voting rights: 14.12M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

14.12M

% of voting shares100.0%

Investment Discretion (by position count)

Sole647

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings647

Rows:

ISHARES TR

SOLE

CORE S&P500 ETF

Shares221.17K

TypeSH

Market value$124.27M

12.88%

Sole

0.00

Shared

0.00

None

221.17K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO DEVLPD

Shares2.05M

TypeSH

Market value$74.75M

7.75%

Sole

0.00

Shared

0.00

None

2.05M

SPDR SER TR

SOLE

BLOOMBERG 1-3 MO

Shares758.39K

TypeSH

Market value$69.57M

7.21%

Sole

0.00

Shared

0.00

None

758.39K

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares649.50K

TypeSH

Market value$57.16M

5.93%

Sole

0.00

Shared

0.00

None

649.50K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares794.72K

TypeSH

Market value$46.37M

4.81%

Sole

0.00

Shared

0.00

None

794.72K

SPDR SER TR

SOLE

PORTFOLIO S&P400

Shares833.24K

TypeSH

Market value$42.65M

4.42%

Sole

0.00

Shared

0.00

None

833.24K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares1.01M

TypeSH

Market value$39.78M

4.12%

Sole

0.00

Shared

0.00

None

1.01M

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares90.92K

TypeSH

Market value$33.72M

3.50%

Sole

0.00

Shared

0.00

None

90.92K

AFLAC INC

SOLE

COM

Shares216.61K

TypeSH

Market value$24.09M

2.50%

Sole

0.00

Shared

0.00

None

216.61K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares455.58K

TypeSH

Market value$23.16M

2.40%

Sole

0.00

Shared

0.00

None

455.58K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares804.90K

TypeSH

Market value$22.50M

2.33%

Sole

0.00

Shared

0.00

None

804.90K

VANGUARD SPECIALIZED FUNDS

SOLE

DIV APP ETF

Shares102.12K

TypeSH

Market value$19.81M

2.05%

Sole

0.00

Shared

0.00

None

102.12K

SPDR SER TR

SOLE

PRTFLO S&P500 GW

Shares238.75K

TypeSH

Market value$19.19M

1.99%

Sole

0.00

Shared

0.00

None

238.75K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares448.76K

TypeSH

Market value$16.22M

1.68%

Sole

0.00

Shared

0.00

None

448.76K

SPDR SER TR

SOLE

PORTFOLIO S&P600

Shares384.09K

TypeSH

Market value$15.66M

1.62%

Sole

0.00

Shared

0.00

None

384.09K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares304.46K

TypeSH

Market value$13.78M

1.43%

Sole

0.00

Shared

0.00

None

304.46K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares114.86K

TypeSH

Market value$12.01M

1.25%

Sole

0.00

Shared

0.00

None

114.86K

API GROUP CORP

SOLE

COM STK

Shares317.65K

TypeSH

Market value$11.36M

1.18%

Sole

0.00

Shared

0.00

None

317.65K

INVESCO EXCHANGE TRADED FD T

SOLE

RAFI US 1000 ETF

Shares247.77K

TypeSH

Market value$10.01M

1.04%

Sole

0.00

Shared

0.00

None

247.77K

MICROSOFT CORP

SOLE

COM

Shares26.16K

TypeSH

Market value$9.82M

1.02%

Sole

0.00

Shared

0.00

None

26.16K

ISHARES GOLD TR

SOLE

ISHARES NEW

Shares160.05K

TypeSH

Market value$9.44M

0.98%

Sole

0.00

Shared

0.00

None

160.05K

VANGUARD WHITEHALL FDS

SOLE

INTL DVD ETF

Shares113.64K

TypeSH

Market value$9.43M

0.98%

Sole

0.00

Shared

0.00

None

113.64K

SPDR SER TR

SOLE

S&P 400 MDCP VAL

Shares117.81K

TypeSH

Market value$9.08M

0.94%

Sole

0.00

Shared

0.00

None

117.81K

SPDR SER TR

SOLE

S&P 400 MDCP GRW

Shares111.67K

TypeSH

Market value$8.87M

0.92%

Sole

0.00

Shared

0.00

None

111.67K

VANGUARD INDEX FDS

SOLE

LARGE CAP ETF

Shares32.45K

TypeSH

Market value$8.34M

0.86%

Sole

0.00

Shared

0.00

None

32.45K

Issuer	Class	Shares	Type	Value / Portfolio %	None
ISHARES TRSOLE	CORE S&P500 ETF	221.17K	SH	$124.27M 12.88%	221.17K
SPDR INDEX SHS FDSSOLE	PORTFOLIO DEVLPD	2.05M	SH	$74.75M 7.75%	2.05M
SPDR SER TRSOLE	BLOOMBERG 1-3 MO	758.39K	SH	$69.57M 7.21%	758.39K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	649.50K	SH	$57.16M 5.93%	649.50K
ISHARES TRSOLE	CORE S&P MCP ETF	794.72K	SH	$46.37M 4.81%	794.72K
SPDR SER TRSOLE	PORTFOLIO S&P400	833.24K	SH	$42.65M 4.42%	833.24K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	1.01M	SH	$39.78M 4.12%	1.01M
VANGUARD INDEX FDSSOLE	GROWTH ETF	90.92K	SH	$33.72M 3.50%	90.92K
AFLAC INCSOLE	COM	216.61K	SH	$24.09M 2.50%	216.61K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	455.58K	SH	$23.16M 2.40%	455.58K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	804.90K	SH	$22.50M 2.33%	804.90K
VANGUARD SPECIALIZED FUNDSSOLE	DIV APP ETF	102.12K	SH	$19.81M 2.05%	102.12K
SPDR SER TRSOLE	PRTFLO S&P500 GW	238.75K	SH	$19.19M 1.99%	238.75K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	448.76K	SH	$16.22M 1.68%	448.76K
SPDR SER TRSOLE	PORTFOLIO S&P600	384.09K	SH	$15.66M 1.62%	384.09K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	304.46K	SH	$13.78M 1.43%	304.46K
ISHARES TRSOLE	CORE S&P SCP ETF	114.86K	SH	$12.01M 1.25%	114.86K
API GROUP CORPSOLE	COM STK	317.65K	SH	$11.36M 1.18%	317.65K
INVESCO EXCHANGE TRADED FD TSOLE	RAFI US 1000 ETF	247.77K	SH	$10.01M 1.04%	247.77K
MICROSOFT CORPSOLE	COM	26.16K	SH	$9.82M 1.02%	26.16K
ISHARES GOLD TRSOLE	ISHARES NEW	160.05K	SH	$9.44M 0.98%	160.05K
VANGUARD WHITEHALL FDSSOLE	INTL DVD ETF	113.64K	SH	$9.43M 0.98%	113.64K
SPDR SER TRSOLE	S&P 400 MDCP VAL	117.81K	SH	$9.08M 0.94%	117.81K
SPDR SER TRSOLE	S&P 400 MDCP GRW	111.67K	SH	$8.87M 0.92%	111.67K
VANGUARD INDEX FDSSOLE	LARGE CAP ETF	32.45K	SH	$8.34M 0.86%	32.45K

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