CIK: 0000815917
Total reported value
$249.8B
Reporting period: 2026-06-30 · Number of holdings: 5993
JONES FINANCIAL COMPANIES LLLP disclosed 5993 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $249.8B and a quarterly turnover rate of 22.5%.
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Jones Financial Companies Lllp's disclosed holdings carry a Herfindahl concentration index of 0.026 — mathematically equivalent to about 38 equally-sized positions, well below its 5993 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 11.37), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 24% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
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Trim AGG
-16.7% -$2.1B
Add SPYM
+53.4% $6.3B
Trim VTV
-13.1% -$188.7M
Trim VUG
+458.6% $1.6B
Trim IWB
-16.7% -$153.3M
Trim IEFA
+4.6% $1.3B
The quarter's positioning shows a decisive rotation: the institution added across a broad set of equity index products (SPYM, VOO, IVV, IWR, VO, IEFA) while cutting its bond ETF (AGG) weight sharply from 6.26% to 4.38%. Notably, VUG — flagged as an 'add' — actually saw its portfolio weight slip from 7.96% to 7.26%, indicating relative dilution despite the active buy, likely reflecting a shift from growth toward value/market-wide exposures. Taken together, the moves point to a bond-to-equity rebalancing coupled with a subtle growth-to-value tilt.
These flows — reducing fixed income, expanding equity index coverage, and rotating away from growth-heavy tech — are consistent with a market narrative of peak rates, cooling inflation, and a broadening equity rally beyond mega-cap tech. The weight migration from VUG to SPYM may indicate fading conviction in high-multiple growth names and a preference for cheaper, cyclical value exposure. However, this is inference from limited position data; the institution's actual macro view or catalyst for the shift is not disclosed in the filings.
The portfolio carries a structural vulnerability from its extreme diversification — 4,961 holdings with almost no single position exceeding 6% weight means stock-specific insight contributes virtually nothing to performance, leaving the book fully exposed to factor and beta outcomes. Additionally, the substantial AGG trim may prove mistimed if rates begin to decline, forfeiting potential bond price appreciation. And with SPYM's weight jumping to 5.83% in one quarter, the book now carries a concentrated bet on value rotation — a crowded trade that could reverse sharply if momentum shifts back to growth.
This overview is machine-generated from this institution's regulatory filings on SEC EDGAR and describes past disclosures only — it does not constitute financial advice. View the original 2026-06-30 Form 13F filing on SEC.gov
Showing top 200 holdings (of 5993 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | VUG | Vanguard Growth ETF | ETF-Other | 7.26% | -0.70% | +458.55% | |
| 2 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-Large Cap & Growth | 5.83% | +1.86% | +53.43% | |
| 3 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 5.67% | -0.12% | +2.56% | |
| 4 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 4.98% | +0.19% | +8.46% | |
| 5 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 4.38% | -1.88% | -16.66% | |
| 6 | IWR | Ishares Russell Mid-cap ETF | ETF-Other | 4.37% | +0.11% | +7.19% | |
| 7 | IEFA | Ishares Core Msci Eafe ETF | ETF-Other | 4.34% | -0.22% | +4.65% | |
| 8 | VTV | Vanguard Value ETF | ETF-Other | 3.90% | -0.87% | -13.14% | |
| 9 | VO | Vanguard Mid-cap ETF | ETF-Other | 3.55% | -0.02% | +321.62% | |
| 10 | VV | Vanguard Large-cap ETF | ETF-Other | 2.59% | -0.02% | +2.99% | |
| 11 | SCZ | Ishares Msci Eafe Small-cap | ETF-Other | 1.75% | -0.05% | +7.83% | |
| 12 | IUSB | Ishr Cr Unvrse Usd Bd Etf-ui | ETF-Other | 1.62% | -0.13% | +9.95% | |
| 13 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 1.61% | -0.03% | +3.31% | |
| 14 | USHY | Ishares Broad Usd High Yield | ETF-High Yield | 1.52% | -0.15% | +7.43% | |
| 15 | IWB | Ishares Russell 1000 ETF | ETF-Other | 1.39% | -0.36% | -16.72% | |
| 16 | AVDV | Avantis Intl S/c Value ETF | ETF-Other | 1.38% | -0.03% | +9.58% | |
| 17 | IJR | Ishares Core S&p Small-cap E | ETF-Small Cap | 1.34% | +0.18% | +14.38% | |
| 18 | NVDA | Nvidia CORP | Stock-Tech | 1.17% | +0.20% | +25.69% | |
| 19 | AAPL | Apple Inc | Stock-Tech | 1.06% | +0.05% | +10.85% | |
| 20 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 0.90% | +0.08% | +13.63% | |
| 21 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.90% | +0.12% | +11.93% | |
| 22 | MSFT | Microsoft CORP | Stock-Tech | 0.87% | — | +14.27% | |
| 23 | DFIS | Dimensional International Sm | ETF-Other | 0.86% | -0.06% | +4.46% | |
| 24 | IEMG | Ishares Core Msci Emerging | ETF-Emerging Markets | 0.70% | +0.05% | +7.45% | |
| 25 | AVGO | Broadcom Inc | Stock-Tech | 0.58% | +0.04% | +5.89% | |
| 26 | IUSG | Ishares Core S&p U.s. Growth | ETF-Other | 0.50% | +0.01% | +1.31% | |
| 27 | QQQM | Invesco Nasdaq 100 ETF | ETF-Tech | 0.49% | +0.11% | +21.96% | |
| 28 | IWS | Ishares Russell Mid-cap Valu | ETF-Other | 0.46% | -0.07% | -9.23% | |
| 29 | DGRO | Ishares Core Dividend Growth | ETF-Other | 0.44% | +0.04% | +19.45% | |
| 30 | LLY | Eli Lilly & Co | Stock-Healthcare | 0.36% | +0.08% | +14.63% | |
| 31 | IUSV | Ishares Core S&p U.s. Value | ETF-Other | 0.36% | -0.01% | +5.89% | |
| 32 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 0.34% | +0.06% | +10.32% | |
| 33 | OEF | Ishares S&p 100 ETF | ETF-Other | 0.34% | +0.02% | +9.52% | |
| 34 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.33% | -0.02% | +8.86% | |
| 35 | CGDV | Cap Group Dividend Value | ETF-Other | 0.32% | +0.05% | +21.82% | |
| 36 | VB | Vanguard Small-cap ETF | ETF-Other | 0.32% | -0.05% | -11.49% | |
| 37 | AMD | Advanced Micro Devices | Stock-Tech | 0.32% | +0.19% | +15.38% | |
| 38 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.30% | — | +7.86% | |
| 39 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.30% | +0.05% | +20.84% | |
| 40 | V | Visa Inc-class A Shares | Stock-Financials | 0.30% | +0.03% | +17.19% | |
| 41 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.29% | +0.02% | +10.90% | |
| 42 | IJH | Ishares Core S&p Midcap ETF | ETF-Other | 0.28% | +0.02% | +12.08% | |
| 43 | EFA | Ishares Msci Eafe ETF | ETF-Other | 0.27% | -0.02% | +4.27% | |
| 44 | VOE | Vanguard Mid-cap Value ETF | ETF-Other | 0.27% | — | +7.80% | |
| 45 | IWD | Ishares Russell 1000 Value E | ETF-Other | 0.26% | -0.01% | +2.91% | |
| 46 | MU | Micron Technology Inc | Stock-Tech | 0.24% | +0.17% | +29.30% | |
| 47 | EFV | Ishares Msci Eafe Value ETF | ETF-Other | 0.23% | -0.03% | +1.36% | |
| 48 | CGUS | Cap Group Core Equity | ETF-Other | 0.22% | +0.08% | +63.77% | |
| 49 | VIG | Vanguard Dividend Apprec ETF | ETF-Other | 0.22% | +0.01% | +12.80% | |
| 50 | LIN | Linde plc | Stock-Materials | 0.22% | — | +9.92% |
Performance for Q3 2026
+2.8%
Performance Last 4 Quarters
+18.4%
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 5993 | $249.8B | 23 | ||
| 2026 Q1 | 5771 | $208.1B | 30 | ||
| 2025 Q4 | 5434 | $164.0B | 13 | ||
| 2025 Q3 | 5225 | $146.8B | 32 | ||
| 2025 Q2 | 4963 | $131.9B | 0 | ||
| 2025 Q1 | 4412 | $111.6B | 100 | ||
| 2024 Q4 | 4219 | $105.2B | 0 | ||
| 2024 Q3 | 3805 | $97.5B | 0 | ||
| 2024 Q2 | 3206 | $86.5B | 0 | ||
| 2024 Q1 | 1913 | $73.4B | 0 | ||
| 2023 Q4 | 1422 | $66.5B | 0 | ||
| 2023 Q3 | 772 | $60.8B | 0 | ||
| 2023 Q2 | 611 | $62.7B | 0 | ||
| 2023 Q1 | 784 | $60.8B | 0 | ||
| 2022 Q4 | 982 | $57.5B | 0 | ||
| 2022 Q3 | 732 | $54.6B | 0 | ||
| 2022 Q2 | 894 | $58.8B | 0 | ||
| 2022 Q1 | 802 | $67.2B | 0 | ||
| 2021 Q4 | 864 | $70.8B | 0 | ||
| 2021 Q3 | 749 | $67.5B | 0 | ||
| 2021 Q2 | 731 | $64.9B | 96 | ||
| 2021 Q1 | 888 | $60.4B | 16 | ||
| 2020 Q4 | 792 | $54.6B | 14 | ||
| 2020 Q3 | 425 | $48.1B | 6 | ||
| 2020 Q2 | 414 | $45.8B | 12 | ||
| 2020 Q1 | 418 | $41.5B | 19 | ||
| 2019 Q4 | 437 | $50.0B | 10 | ||
| 2019 Q3 | 443 | $45.3B | 2 | ||
| 2019 Q2 | 432 | $44.5B | 8 | ||
| 2019 Q1 | 430 | $43.6B | 17 | ||
| 2018 Q4 | 439 | $40.3B | 12 | ||
| 2018 Q3 | 417 | $44.7B | 14 | ||
| 2018 Q2 | 425 | $42.9B | 18 | ||
| 2018 Q1 | 431 | $41.2B | 4 | ||
| 2017 Q4 | 453 | $39.9B | 8 | ||
| 2017 Q3 | 435 | $36.8B | 8 | ||
| 2017 Q2 | 436 | $33.9B | 9 | ||
| 2017 Q1 | 445 | $30.9B | 20 | ||
| 2016 Q4 | 454 | $27.2B | 10 | ||
| 2016 Q3 | 441 | $25.0B | 8 | ||
| 2016 Q2 | 450 | $23.3B | 38 | ||
| 2016 Q1 | 446 | $16.9B | 6 | ||
| 2015 Q4 | 472 | $16.1B | 4 | ||
| 2015 Q3 | 458 | $15.5B | 5 | ||
| 2015 Q2 | 451 | $15.7B | 3 | ||
| 2015 Q1 | 458 | $15.3B | 6 | ||
| 2014 Q4 | 472 | $14.5B | 6 | ||
| 2014 Q3 | 459 | $13.8B | 5 | ||
| 2014 Q2 | 458 | $13.2B | 8 | ||
| 2014 Q1 | 437 | $12.2B | 8 | ||
| 2013 Q4 | 441 | $11.3B | 10 | ||
| 2013 Q3 | 959 | $10.3B | 11 | ||
| 2013 Q2 | 1018 | $9.3B | 0 |
Jones Financial Companies Lllp's most significant position changes for 2026-06-30: New buy: ; Trim: Ishares Core U.s. Aggregate (AGG) — shares -16.66%; Add: Ste Str Spdr Pt S&p 500 ETF (SPYM) — shares +53.43%; Trim: Vanguard Value ETF (VTV) — shares -13.14%; Add: Vanguard Growth ETF (VUG) — shares +458.55%.
Showing top 200 changes by size (of 5231 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | SPYM | Ste Str Spdr Pt S&p 500 ETF | +1.9% | +53.43% | Add |
| 2 | NVDA | Nvidia CORP | +0.2% | +25.69% | Add |
| 3 | VOO | Vanguard S&p 500 ETF | +0.2% | +8.46% | Add |
| 4 | AMD | Advanced Micro Devices | +0.2% | +15.38% | Add |
| 5 | IJR | Ishares Core S&p Small-cap E | +0.2% | +14.38% | Add |
| 6 | MU | Micron Technology Inc | +0.2% | +29.30% | Add |
| 7 | GOOGL | Alphabet Inc-cl A | +0.1% | +11.93% | Add |
| 8 | IWR | Ishares Russell Mid-cap ETF | +0.1% | +7.19% | Add |
| 9 | QQQM | Invesco Nasdaq 100 ETF | +0.1% | +21.96% | Add |
| 10 | KLAC | Kla CORP | +0.1% | +1323.10% | Add |
| 11 | AMZN | Amazon.com Inc | +0.1% | +13.63% | Add |
| 12 | LLY | Eli Lilly & Co | +0.1% | +14.63% | Add |
| 13 | CGUS | Cap Group Core Equity | +0.1% | +63.77% | Add |
| 14 | AMAT | Applied Materials Inc | +0.1% | +31.45% | Add |
| 15 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +10.32% | Add |
| 16 | IAGG | Ishares Intl Aggregate Bond | +0.1% | +73.03% | Add |
| 17 | UNH | Unitedhealth Group Inc | +0.1% | +39.44% | Add |
| 18 | AAPL | Apple Inc | +0.1% | +10.85% | Add |
| 19 | IEMG | Ishares Core Msci Emerging | +0.1% | +7.45% | Add |
| 20 | GOOG | Alphabet Inc-cl C | +0.1% | +20.84% | Add |
| 21 | CGDV | Cap Group Dividend Value | +0.1% | +21.82% | Add |
| 22 | ITOT | Ishares Core S&p Total U.s. | +0.1% | +89.76% | Add |
| 23 | AVGO | Broadcom Inc | 0% | +5.89% | Add |
| 24 | DGRO | Ishares Core Dividend Growth | 0% | +19.45% | Add |
| 25 | AVEM | Avantis Emerging Markets Eq | 0% | +25.43% | Add |
| 26 | VTI | Vanguard Total Stock Mkt ETF | 0% | +44.38% | Add |
| 27 | CAT | Caterpillar Inc | 0% | +33.77% | Add |
| 28 | AZN | AstraZeneca PLC | 0% | +66.35% | Add |
| 29 | SCHM | Schwab US Mid Cap ETF | 0% | +53.40% | Add |
| 30 | PANW | Palo Alto Networks Inc | 0% | -0.10% | Trim |
| 31 | INTC | Intel CORP | 0% | +10.82% | Add |
| 32 | V | Visa Inc-class A Shares | 0% | +17.19% | Add |
| 33 | CGGR | Cap Group Growth Equity | 0% | +20.19% | Add |
| 34 | QQQ | Invesco Qqq Trust Series 1 | 0% | +17.12% | Add |
| 35 | APH | Amphenol Corp-cl A | 0% | +8.38% | Add |
| 36 | ASML | ASML Holding N.V. | 0% | +10.71% | Add |
| 37 | SPYG | Ss Spdr P S&p 500 Growth ETF | 0% | +69.19% | Add |
| 38 | CGGO | Cap Group Global Growth | 0% | +19.05% | Add |
| 39 | JMUB | Jpmorgan Municipal ETF | 0% | +120.07% | Add |
| 40 | LRCX | Lam Research CORP | 0% | +35.54% | Add |
| 41 | WDC | Western Digital CORP | 0% | +12.24% | Add |
| 42 | MMIT | Nyli Mackay Muni Intrm ETF | 0% | +1063.40% | Add |
| 43 | SMH | Vaneck Semiconductor ETF | 0% | +23.95% | Add |
| 44 | ✓ | 0% | NEW | New buy | |
| 45 | SYK | Stryker CORP | 0% | +151.80% | Add |
| 46 | ARM | Arm Holdings Plc-adr | 0% | +216.99% | Add |
| 47 | CRWD | Crowdstrike Holdings Inc - A | 0% | +22.70% | Add |
| 48 | OEF | Ishares S&p 100 ETF | 0% | +9.52% | Add |
| 49 | JPM | Jpmorgan Chase & Co | 0% | +10.90% | Add |
| 50 | IJH | Ishares Core S&p Midcap ETF | 0% | +12.08% | Add |
Jones Financial Companies Lllp returned an annualized 16.1% over the trailing 36 months — outperforming the S&P 500 by 0.2 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.77 (less volatile than the market) and a 42% quarterly batting average against the index.
Its portfolio is broadly diversified and moderately active, with 31.2% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 23 over the past 4 quarters — a shift toward more active trading.
It has added to its SPYM position over the past two quarters (+$9.9B, now $14.6B), while trimming AGG over the same stretch (-$2.9B, still holding $10.9B).
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