STEPHENS GROUP ASSET MANAGEMENT, LLC

Filed: 1/8/2026ACC: 0001580642-26-000144

📋 What this filing means

STEPHENS GROUP ASSET MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 26 equity positions with a total reported market value of $1.50B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$1.50B

Total AUM (reported)

15.08M

Total Shares

Allocation by class

MCAP VL IDXVIP$195.82M13.1%

VALUE ETF$185.53M12.4%

GROWTH ETF$155.00M10.4%

STATE STREET SPD$150.33M10.0%

MCAP GR IDXVIP$126.95M8.5%

RUS MDCP VAL ETF$100.47M6.7%

RUS 1000 VAL ETF$90.60M6.1%

Portfolio Concentration

Top 3$536.35M35.8%

4–10$651.65M43.5%

11–25$309.12M20.6%

Rest$300.4K0.0%

Top 3 weight

35.8%

Top 10 weight

79.3%

Voting Authority Distribution

Total shares with voting rights: 15.08M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

15.08M

% of voting shares100.0%

Investment Discretion (by position count)

Sole26

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings26

Rows:

VANGUARD INDEX FDS

SOLE

MCAP VL IDXVIP

Shares1.10M

TypeSH

Market value$195.82M

13.08%

Sole

0.00

Shared

0.00

None

1.10M

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares971.41K

TypeSH

Market value$185.53M

12.39%

Sole

0.00

Shared

0.00

None

971.41K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares317.71K

TypeSH

Market value$155.00M

10.35%

Sole

0.00

Shared

0.00

None

317.71K

VANGUARD INDEX FDS

SOLE

MCAP GR IDXVIP

Shares454.77K

TypeSH

Market value$126.95M

8.48%

Sole

0.00

Shared

0.00

None

454.77K

ISHARES TR

SOLE

RUS MDCP VAL ETF

Shares712.31K

TypeSH

Market value$100.47M

6.71%

Sole

0.00

Shared

0.00

None

712.31K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares3.27M

TypeSH

Market value$94.41M

6.30%

Sole

0.00

Shared

0.00

None

3.27M

ISHARES TR

SOLE

RUS 1000 VAL ETF

Shares430.75K

TypeSH

Market value$90.60M

6.05%

Sole

0.00

Shared

0.00

None

430.75K

ISHARES TR

SOLE

RUS 1000 GRW ETF

Shares179.03K

TypeSH

Market value$84.74M

5.66%

Sole

0.00

Shared

0.00

None

179.03K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares381.20K

TypeSH

Market value$80.73M

5.39%

Sole

0.00

Shared

0.00

None

381.20K

ISHARES TR

SOLE

RUS MD CP GR ETF

Shares538.60K

TypeSH

Market value$73.76M

4.93%

Sole

0.00

Shared

0.00

None

538.60K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares1.64M

TypeSH

Market value$55.57M

3.71%

Sole

0.00

Shared

0.00

None

1.64M

SCHWAB STRATEGIC TR

SOLE

SHT TM US TRES

Shares2.08M

TypeSH

Market value$50.64M

3.38%

Sole

0.00

Shared

0.00

None

2.08M

SCHWAB STRATEGIC TR

SOLE

US TIPS ETF

Shares1.72M

TypeSH

Market value$45.49M

3.04%

Sole

0.00

Shared

0.00

None

1.72M

ISHARES TR

SOLE

RUS 2000 VAL ETF

Shares239.53K

TypeSH

Market value$43.41M

2.90%

Sole

0.00

Shared

0.00

None

239.53K

VANGUARD INDEX FDS

SOLE

SML CP GRW ETF

Shares117.86K

TypeSH

Market value$35.61M

2.38%

Sole

0.00

Shared

0.00

None

117.86K

ISHARES TR

SOLE

RUS 2000 GRW ETF

Shares74.86K

TypeSH

Market value$24.18M

1.61%

Sole

0.00

Shared

0.00

None

74.86K

ISHARES TR

SOLE

ISHS 1-5YR INVS

Shares379.75K

TypeSH

Market value$20.08M

1.34%

Sole

0.00

Shared

0.00

None

379.75K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares237.90K

TypeSH

Market value$15.99M

1.07%

Sole

0.00

Shared

0.00

None

237.90K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares166.91K

TypeSH

Market value$14.93M

1.00%

Sole

0.00

Shared

0.00

None

166.91K

ISHARES TR

SOLE

FLTG RATE NT ETF

Shares18.58K

TypeSH

Market value$944.8K

0.06%

Sole

0.00

Shared

0.00

None

18.58K

ISHARES TR

SOLE

1 3 YR TREAS BD

Shares6.74K

TypeSH

Market value$558.5K

0.04%

Sole

0.00

Shared

0.00

None

6.74K

ISHARES TR

SOLE

3 7 YR TREAS BD

Shares4.54K

TypeSH

Market value$542.0K

0.04%

Sole

0.00

Shared

0.00

None

4.54K

VANGUARD SCOTTSDALE FDS

SOLE

INTER TERM TREAS

Shares8.83K

TypeSH

Market value$529.2K

0.04%

Sole

0.00

Shared

0.00

None

8.83K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares11.67K

TypeSH

Market value$352.5K

0.02%

Sole

0.00

Shared

0.00

None

11.67K

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares3.83K

TypeSH

Market value$305.1K

0.02%

Sole

0.00

Shared

0.00

None

3.83K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD INDEX FDSSOLE	MCAP VL IDXVIP	1.10M	SH	$195.82M 13.08%	1.10M
VANGUARD INDEX FDSSOLE	VALUE ETF	971.41K	SH	$185.53M 12.39%	971.41K
VANGUARD INDEX FDSSOLE	GROWTH ETF	317.71K	SH	$155.00M 10.35%	317.71K
VANGUARD INDEX FDSSOLE	MCAP GR IDXVIP	454.77K	SH	$126.95M 8.48%	454.77K
ISHARES TRSOLE	RUS MDCP VAL ETF	712.31K	SH	$100.47M 6.71%	712.31K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	3.27M	SH	$94.41M 6.30%	3.27M
ISHARES TRSOLE	RUS 1000 VAL ETF	430.75K	SH	$90.60M 6.05%	430.75K
ISHARES TRSOLE	RUS 1000 GRW ETF	179.03K	SH	$84.74M 5.66%	179.03K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	381.20K	SH	$80.73M 5.39%	381.20K
ISHARES TRSOLE	RUS MD CP GR ETF	538.60K	SH	$73.76M 4.93%	538.60K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	1.64M	SH	$55.57M 3.71%	1.64M
SCHWAB STRATEGIC TRSOLE	SHT TM US TRES	2.08M	SH	$50.64M 3.38%	2.08M
SCHWAB STRATEGIC TRSOLE	US TIPS ETF	1.72M	SH	$45.49M 3.04%	1.72M
ISHARES TRSOLE	RUS 2000 VAL ETF	239.53K	SH	$43.41M 2.90%	239.53K
VANGUARD INDEX FDSSOLE	SML CP GRW ETF	117.86K	SH	$35.61M 2.38%	117.86K
ISHARES TRSOLE	RUS 2000 GRW ETF	74.86K	SH	$24.18M 1.61%	74.86K
ISHARES TRSOLE	ISHS 1-5YR INVS	379.75K	SH	$20.08M 1.34%	379.75K
ISHARES INCSOLE	CORE MSCI EMKT	237.90K	SH	$15.99M 1.07%	237.90K
ISHARES TRSOLE	CORE MSCI EAFE	166.91K	SH	$14.93M 1.00%	166.91K
ISHARES TRSOLE	FLTG RATE NT ETF	18.58K	SH	$944.8K 0.06%	18.58K
ISHARES TRSOLE	1 3 YR TREAS BD	6.74K	SH	$558.5K 0.04%	6.74K
ISHARES TRSOLE	3 7 YR TREAS BD	4.54K	SH	$542.0K 0.04%	4.54K
VANGUARD SCOTTSDALE FDSSOLE	INTER TERM TREAS	8.83K	SH	$529.2K 0.04%	8.83K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	11.67K	SH	$352.5K 0.02%	11.67K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	3.83K	SH	$305.1K 0.02%	3.83K

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