JNBA FINANCIAL ADVISORS

Filed: 7/24/2025ACC: 0001569118-25-000007

📋 What this filing means

JNBA FINANCIAL ADVISORS filed this quarterly 13F‑HR report disclosing 651 equity positions with a total reported market value of $1.04B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

651

Positions

$1.04B

Total AUM (reported)

13.30M

Total Shares

Allocation by class

CORE S&P500 ETF$149.46M14.4%

COM$109.87M10.6%

PORTFOLIO DEVLPD$80.81M7.8%

BLOOMBERG 1-3 MO$73.42M7.1%

CORE S&P MCP ETF$48.84M4.7%

PORTFOLIO S&P400$44.98M4.3%

PORTFOLIO EMG MK$42.61M4.1%

Portfolio Concentration

Top 3$303.69M29.2%

4–10$263.91M25.4%

11–25$214.35M20.6%

Rest$257.75M24.8%

Top 3 weight

29.2%

Top 10 weight

54.6%

Voting Authority Distribution

Total shares with voting rights: 13.30M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

13.30M

% of voting shares100.0%

Investment Discretion (by position count)

Sole651

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings651

Rows:

ISHARES TR

SOLE

CORE S&P500 ETF

Shares240.71K

TypeSH

Market value$149.46M

14.37%

Sole

0.00

Shared

0.00

None

240.71K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO DEVLPD

Shares2M

TypeSH

Market value$80.81M

7.77%

Sole

0.00

Shared

0.00

None

SPDR SERIES TRUST

SOLE

BLOOMBERG 1-3 MO

Shares800.39K

TypeSH

Market value$73.42M

7.06%

Sole

0.00

Shared

0.00

None

800.39K

ISHARES TR

SOLE

CORE S&P MCP ETF

Shares787.51K

TypeSH

Market value$48.84M

4.70%

Sole

0.00

Shared

0.00

None

787.51K

SPDR SERIES TRUST

SOLE

PORTFOLIO S&P400

Shares827.23K

TypeSH

Market value$44.98M

4.33%

Sole

0.00

Shared

0.00

None

827.23K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares996.96K

TypeSH

Market value$42.61M

4.10%

Sole

0.00

Shared

0.00

None

996.96K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares91.25K

TypeSH

Market value$40.00M

3.85%

Sole

0.00

Shared

0.00

None

91.25K

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares391.61K

TypeSH

Market value$36.73M

3.53%

Sole

0.00

Shared

0.00

None

391.61K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares481.41K

TypeSH

Market value$27.44M

2.64%

Sole

0.00

Shared

0.00

None

481.41K

SPDR SERIES TRUST

SOLE

PRTFLO S&P500 GW

Shares244.41K

TypeSH

Market value$23.30M

2.24%

Sole

0.00

Shared

0.00

None

244.41K

AFLAC INC

SOLE

COM

Shares216.51K

TypeSH

Market value$22.83M

2.20%

Sole

0.00

Shared

0.00

None

216.51K

VANGUARD SPECIALIZED FUNDS

SOLE

DIV APP ETF

Shares99.43K

TypeSH

Market value$20.35M

1.96%

Sole

0.00

Shared

0.00

None

99.43K

VANGUARD INDEX FDS

SOLE

LARGE CAP ETF

Shares62.96K

TypeSH

Market value$17.96M

1.73%

Sole

0.00

Shared

0.00

None

62.96K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares405.05K

TypeSH

Market value$16.21M

1.56%

Sole

0.00

Shared

0.00

None

405.05K

API GROUP CORP

SOLE

COM STK

Shares314.60K

TypeSH

Market value$16.06M

1.54%

Sole

0.00

Shared

0.00

None

314.60K

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares316.01K

TypeSH

Market value$15.63M

1.50%

Sole

0.00

Shared

0.00

None

316.01K

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares51.94K

TypeSH

Market value$14.53M

1.40%

Sole

0.00

Shared

0.00

None

51.94K

SPDR SERIES TRUST

SOLE

PORTFOLIO S&P600

Shares340.42K

TypeSH

Market value$14.50M

1.39%

Sole

0.00

Shared

0.00

None

340.42K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 QUALITY

Shares190.10K

TypeSH

Market value$13.55M

1.30%

Sole

0.00

Shared

0.00

None

190.10K

MICROSOFT CORP

SOLE

COM

Shares26.07K

TypeSH

Market value$12.97M

1.25%

Sole

0.00

Shared

0.00

None

26.07K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares105.76K

TypeSH

Market value$11.56M

1.11%

Sole

0.00

Shared

0.00

None

105.76K

INVESCO EXCHANGE TRADED FD T

SOLE

RAFI US 1000 ETF

Shares237.81K

TypeSH

Market value$10.05M

0.97%

Sole

0.00

Shared

0.00

None

237.81K

VANGUARD WHITEHALL FDS

SOLE

INTL DVD ETF

Shares105.36K

TypeSH

Market value$9.49M

0.91%

Sole

0.00

Shared

0.00

None

105.36K

ISHARES GOLD TR

SOLE

ISHARES NEW

Shares151.43K

TypeSH

Market value$9.44M

0.91%

Sole

0.00

Shared

0.00

None

151.43K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares347.48K

TypeSH

Market value$9.21M

0.89%

Sole

0.00

Shared

0.00

None

347.48K

Issuer	Class	Shares	Type	Value / Portfolio %	None
ISHARES TRSOLE	CORE S&P500 ETF	240.71K	SH	$149.46M 14.37%	240.71K
SPDR INDEX SHS FDSSOLE	PORTFOLIO DEVLPD	2M	SH	$80.81M 7.77%	2M
SPDR SERIES TRUSTSOLE	BLOOMBERG 1-3 MO	800.39K	SH	$73.42M 7.06%	800.39K
ISHARES TRSOLE	CORE S&P MCP ETF	787.51K	SH	$48.84M 4.70%	787.51K
SPDR SERIES TRUSTSOLE	PORTFOLIO S&P400	827.23K	SH	$44.98M 4.33%	827.23K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	996.96K	SH	$42.61M 4.10%	996.96K
VANGUARD INDEX FDSSOLE	GROWTH ETF	91.25K	SH	$40.00M 3.85%	91.25K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	391.61K	SH	$36.73M 3.53%	391.61K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	481.41K	SH	$27.44M 2.64%	481.41K
SPDR SERIES TRUSTSOLE	PRTFLO S&P500 GW	244.41K	SH	$23.30M 2.24%	244.41K
AFLAC INCSOLE	COM	216.51K	SH	$22.83M 2.20%	216.51K
VANGUARD SPECIALIZED FUNDSSOLE	DIV APP ETF	99.43K	SH	$20.35M 1.96%	99.43K
VANGUARD INDEX FDSSOLE	LARGE CAP ETF	62.96K	SH	$17.96M 1.73%	62.96K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	405.05K	SH	$16.21M 1.56%	405.05K
API GROUP CORPSOLE	COM STK	314.60K	SH	$16.06M 1.54%	314.60K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	316.01K	SH	$15.63M 1.50%	316.01K
VANGUARD INDEX FDSSOLE	MID CAP ETF	51.94K	SH	$14.53M 1.40%	51.94K
SPDR SERIES TRUSTSOLE	PORTFOLIO S&P600	340.42K	SH	$14.50M 1.39%	340.42K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 QUALITY	190.10K	SH	$13.55M 1.30%	190.10K
MICROSOFT CORPSOLE	COM	26.07K	SH	$12.97M 1.25%	26.07K
ISHARES TRSOLE	CORE S&P SCP ETF	105.76K	SH	$11.56M 1.11%	105.76K
INVESCO EXCHANGE TRADED FD TSOLE	RAFI US 1000 ETF	237.81K	SH	$10.05M 0.97%	237.81K
VANGUARD WHITEHALL FDSSOLE	INTL DVD ETF	105.36K	SH	$9.49M 0.91%	105.36K
ISHARES GOLD TRSOLE	ISHARES NEW	151.43K	SH	$9.44M 0.91%	151.43K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	347.48K	SH	$9.21M 0.89%	347.48K

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