STEPHENS GROUP ASSET MANAGEMENT, LLC

PrivateCIK: 1726808

Location

LITTLE ROCK, AR

Positions

$1.77B

Total AUM (reported)

16.56M

Total Shares

Allocation by class

MCAP VL IDXVIP$241.70M13.7%

VALUE ETF$213.94M12.1%

GROWTH ETF$211.98M12.0%

MCAP GR IDXVIP$204.10M11.5%

RUS MDCP VAL ETF$116.86M6.6%

SM CP VAL ETF$112.54M6.4%

RUS 1000 VAL ETF$103.79M5.9%

Portfolio Concentration

Top 3$667.61M37.7%

4–10$786.06M44.4%

11–25$315.39M17.8%

Rest$265.1K0.0%

Top 3 weight

37.7%

Top 10 weight

82.2%

Voting Authority Distribution

Total shares with voting rights: 16.56M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

16.56M

% 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

Shares1.22M

TypeSH

Market value$241.70M

13.66%

Sole

0.00

Shared

0.00

None

1.22M

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares981.68K

TypeSH

Market value$213.94M

12.09%

Sole

0.00

Shared

0.00

None

981.68K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares2.46M

TypeSH

Market value$211.98M

11.98%

Sole

0.00

Shared

0.00

None

2.46M

VANGUARD INDEX FDS

SOLE

MCAP GR IDXVIP

Shares666.33K

TypeSH

Market value$204.10M

11.54%

Sole

0.00

Shared

0.00

None

666.33K

ISHARES TR

SOLE

RUS MDCP VAL ETF

Shares709.98K

TypeSH

Market value$116.86M

6.60%

Sole

0.00

Shared

0.00

None

709.98K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares463.14K

TypeSH

Market value$112.54M

6.36%

Sole

0.00

Shared

0.00

None

463.14K

ISHARES TR

SOLE

RUS 1000 VAL ETF

Shares428.13K

TypeSH

Market value$103.79M

5.87%

Sole

0.00

Shared

0.00

None

428.13K

ISHARES TR

SOLE

RUS 1000 GRW ETF

Shares733.77K

TypeSH

Market value$91.11M

5.15%

Sole

0.00

Shared

0.00

None

733.77K

ISHARES TR

SOLE

RUS MD CP GR ETF

Shares563.02K

TypeSH

Market value$82.43M

4.66%

Sole

0.00

Shared

0.00

None

563.02K

SPDR SERIES TRUST

SOLE

ST INTER ETF

Shares2.65M

TypeSH

Market value$75.23M

4.25%

Sole

0.00

Shared

0.00

None

2.65M

VANGUARD INDEX FDS

SOLE

SML CP GRW ETF

Shares149.15K

TypeSH

Market value$54.54M

3.08%

Sole

0.00

Shared

0.00

None

149.15K

ISHARES TR

SOLE

RUS 2000 VAL ETF

Shares233.87K

TypeSH

Market value$51.73M

2.92%

Sole

0.00

Shared

0.00

None

233.87K

SPDR SERIES TRUST

SOLE

ST INTER BD ETF

Shares1.32M

TypeSH

Market value$44.26M

2.50%

Sole

0.00

Shared

0.00

None

1.32M

SCHWAB STRATEGIC TR

SOLE

US TIPS ETF

Shares1.50M

TypeSH

Market value$39.76M

2.25%

Sole

0.00

Shared

0.00

None

1.50M

SCHWAB STRATEGIC TR

SOLE

SHT TM US TRES

Shares1.61M

TypeSH

Market value$38.93M

2.20%

Sole

0.00

Shared

0.00

None

1.61M

ISHARES TR

SOLE

RUS 2000 GRW ETF

Shares74.61K

TypeSH

Market value$29.40M

1.66%

Sole

0.00

Shared

0.00

None

74.61K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares262.30K

TypeSH

Market value$21.73M

1.23%

Sole

0.00

Shared

0.00

None

262.30K

ISHARES TR

SOLE

ISHS 1-5YR INVS

Shares309.17K

TypeSH

Market value$16.20M

0.92%

Sole

0.00

Shared

0.00

None

309.17K

ISHARES TR

SOLE

CORE MSCI EAFE

Shares165.78K

TypeSH

Market value$16.01M

0.90%

Sole

0.00

Shared

0.00

None

165.78K

ISHARES TR

SOLE

FLTG RATE NT ETF

Shares13.98K

TypeSH

Market value$713.9K

0.04%

Sole

0.00

Shared

0.00

None

13.98K

ISHARES TR

SOLE

1 3 YR TREAS BD

Shares6.19K

TypeSH

Market value$508.1K

0.03%

Sole

0.00

Shared

0.00

None

6.19K

VANGUARD SCOTTSDALE FDS

SOLE

INTER TERM TREAS

Shares8.30K

TypeSH

Market value$489.8K

0.03%

Sole

0.00

Shared

0.00

None

8.30K

ISHARES TR

SOLE

3 7 YR TREAS BD

Shares3.88K

TypeSH

Market value$455.5K

0.03%

Sole

0.00

Shared

0.00

None

3.88K

SPDR SERIES TRUST

SOLE

ST SHOR CORP ETF

Shares12.49K

TypeSH

Market value$374.9K

0.02%

Sole

0.00

Shared

0.00

None

12.49K

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares3.58K

TypeSH

Market value$282.7K

0.02%

Sole

0.00

Shared

0.00

None

3.58K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD INDEX FDSSOLE	MCAP VL IDXVIP	1.22M	SH	$241.70M 13.66%	1.22M
VANGUARD INDEX FDSSOLE	VALUE ETF	981.68K	SH	$213.94M 12.09%	981.68K
VANGUARD INDEX FDSSOLE	GROWTH ETF	2.46M	SH	$211.98M 11.98%	2.46M
VANGUARD INDEX FDSSOLE	MCAP GR IDXVIP	666.33K	SH	$204.10M 11.54%	666.33K
ISHARES TRSOLE	RUS MDCP VAL ETF	709.98K	SH	$116.86M 6.60%	709.98K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	463.14K	SH	$112.54M 6.36%	463.14K
ISHARES TRSOLE	RUS 1000 VAL ETF	428.13K	SH	$103.79M 5.87%	428.13K
ISHARES TRSOLE	RUS 1000 GRW ETF	733.77K	SH	$91.11M 5.15%	733.77K
ISHARES TRSOLE	RUS MD CP GR ETF	563.02K	SH	$82.43M 4.66%	563.02K
SPDR SERIES TRUSTSOLE	ST INTER ETF	2.65M	SH	$75.23M 4.25%	2.65M
VANGUARD INDEX FDSSOLE	SML CP GRW ETF	149.15K	SH	$54.54M 3.08%	149.15K
ISHARES TRSOLE	RUS 2000 VAL ETF	233.87K	SH	$51.73M 2.92%	233.87K
SPDR SERIES TRUSTSOLE	ST INTER BD ETF	1.32M	SH	$44.26M 2.50%	1.32M
SCHWAB STRATEGIC TRSOLE	US TIPS ETF	1.50M	SH	$39.76M 2.25%	1.50M
SCHWAB STRATEGIC TRSOLE	SHT TM US TRES	1.61M	SH	$38.93M 2.20%	1.61M
ISHARES TRSOLE	RUS 2000 GRW ETF	74.61K	SH	$29.40M 1.66%	74.61K
ISHARES INCSOLE	CORE MSCI EMKT	262.30K	SH	$21.73M 1.23%	262.30K
ISHARES TRSOLE	ISHS 1-5YR INVS	309.17K	SH	$16.20M 0.92%	309.17K
ISHARES TRSOLE	CORE MSCI EAFE	165.78K	SH	$16.01M 0.90%	165.78K
ISHARES TRSOLE	FLTG RATE NT ETF	13.98K	SH	$713.9K 0.04%	13.98K
ISHARES TRSOLE	1 3 YR TREAS BD	6.19K	SH	$508.1K 0.03%	6.19K
VANGUARD SCOTTSDALE FDSSOLE	INTER TERM TREAS	8.30K	SH	$489.8K 0.03%	8.30K
ISHARES TRSOLE	3 7 YR TREAS BD	3.88K	SH	$455.5K 0.03%	3.88K
SPDR SERIES TRUSTSOLE	ST SHOR CORP ETF	12.49K	SH	$374.9K 0.02%	12.49K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	3.58K	SH	$282.7K 0.02%	3.58K

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