Johnson Financial Group, LLC
Long book
$1.50B
Q1 2026
Positions
185
Top-10 weight
86%
concentration
Last quarter
+13.1%
SPY +14.8%
Turnover
43%
of book per quarter
Strategy in plain words
auto-generated from filingsJohnson Financial Group, LLC is a wealth-management firm allocating client money, running a $1.50B US long book across 185 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VANGUARD LARGE-CAP ETF, VANGUARD FTSE DEVELOPED ETF, VANGUARD FTSE EMERGING MARKE, VANGUARD TOTAL STOCK MKT ETF, VANGUARD SMALL-CAP ETF.
Over the last 9 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.2%
Q2 2024
+6.2%
Q3 2024
-0.7%
Q4 2024
-0.9%
Q1 2025
+9.1%
Q2 2025
+6.6%
Q3 2025
+2.7%
Q4 2025
-1.9%
Q1 2026
+13.1%
Sector allocation
Technology 46%
Consumer discretionary 12%
Financials 10%
Industrials 9%
Healthcare 7%
Services media 5%
Other 3%
Energy 3%
Long book by quarter
What does Johnson Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 40.3K | $10.2M | 0.7% | +73.3% |
| HLF HERBALIFE LTD | Consumer discretionary | 414.6K | $6.1M | 0.4% | 0.0% |
| NVDA NVIDIA CORP | Technology | 30.4K | $5.3M | 0.4% | -36.8% |
| MSFT MICROSOFT CORP | Technology | 14.1K | $5.2M | 0.3% | +92.4% |
| GOOGL ALPHABET INC-CL A | Technology | 13.9K | $4.0M | 0.3% | +161.4% |
| GOOG ALPHABET INC-CL C | Technology | 12.7K | $3.7M | 0.2% | +11.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 15.5K | $3.2M | 0.2% | +105.7% |
| PAYC PAYCOM SOFTWARE INC | Technology | 25.1K | $3.1M | 0.2% | +0.1% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 4 | $2.9M | 0.2% | -33.3% |
| TSLA TESLA INC | Industrials | 7.0K | $2.6M | 0.2% | +160.8% |
| AEHR AEHR TEST SYSTEMS | Technology | 68.9K | $2.6M | 0.2% | New |
| XOM EXXON MOBIL CORP | Energy | 12.8K | $2.2M | 0.1% | +37.9% |
| JPM JPMORGAN CHASE & CO | Financials | 5.8K | $1.7M | 0.1% | +79.0% |
| TTEC TTEC HOLDINGS INC | Services media | 625.8K | $1.6M | 0.1% | +412.4% |
| ABBV ABBVIE INC | Healthcare | 7.0K | $1.5M | 0.1% | +59.5% |
| AVGO BROADCOM INC | Technology | 4.7K | $1.5M | 0.1% | +330.9% |
| META META PLATFORMS INC-CLASS A | Technology | 2.5K | $1.4M | 0.1% | +81.1% |
| ECL ECOLAB INC | Other | 4.7K | $1.3M | 0.1% | +23.8% |
| BXSL BLACKSTONE SECURED LENDING F | — | 49.9K | $1.2M | 0.1% | -35.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.4K | $1.1M | 0.1% | +22.3% |
| VOYG VOYAGER TECHNOLOGIES INC-A | Industrials | 45.4K | $1.1M | 0.1% | New |
| V VISA INC-CLASS A SHARES | Services media | 3.5K | $1.0M | 0.1% | +36.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 4.0K | $990K | 0.1% | +186.4% |
| GILD GILEAD SCIENCES INC | Healthcare | 7.0K | $979K | 0.1% | +203.9% |
| WMT WALMART INC | Consumer discretionary | 7.7K | $962K | 0.1% | +153.8% |
| MRK MERCK & CO. INC. | Healthcare | 7.7K | $930K | 0.1% | +116.8% |
| GM GENERAL MOTORS CO | Industrials | 12.1K | $898K | 0.1% | +3.6% |
| QCOM QUALCOMM INC | Technology | 6.7K | $867K | 0.1% | +55.0% |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 22.2K | $840K | 0.1% | +7.4% |
| ISRG INTUITIVE SURGICAL INC | Healthcare | 1.8K | $811K | 0.1% | New |
| KO COCA-COLA CO/THE | Consumer staples | 10.4K | $792K | 0.1% | +39.2% |
| PANW PALO ALTO NETWORKS INC | Technology | 4.6K | $731K | 0.0% | New |
| LLY ELI LILLY & CO | Healthcare | 787 | $724K | 0.0% | +293.5% |
| LASR NLIGHT INC | Technology | 12.1K | $688K | 0.0% | New |
| CB CHUBB LTD | Financials | 1.9K | $623K | 0.0% | New |
| DVN DEVON ENERGY CORP | Energy | 12.3K | $617K | 0.0% | +14.4% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 3.7K | $576K | 0.0% | +114.2% |
| ANET ARISTA NETWORKS INC | Technology | 4.6K | $565K | 0.0% | New |
| MU MICRON TECHNOLOGY INC | Technology | 1.7K | $561K | 0.0% | New |
| TT TRANE TECHNOLOGIES PLC | Technology | 1.3K | $553K | 0.0% | New |
| NEE NEXTERA ENERGY INC | Utilities | 5.9K | $550K | 0.0% | New |
| AMD ADVANCED MICRO DEVICES | Technology | 2.6K | $529K | 0.0% | +81.5% |
| LIN LINDE PLC | Materials | 1.1K | $522K | 0.0% | New |
| IDXX IDEXX LABORATORIES INC | Materials | 883 | $496K | 0.0% | New |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 2.9K | $476K | 0.0% | +41.3% |
| ORCL ORACLE CORP | Technology | 3.2K | $469K | 0.0% | +38.7% |
| LMT LOCKHEED MARTIN CORP | Industrials | 770 | $465K | 0.0% | +75.0% |
| GS GOLDMAN SACHS GROUP INC | Financials | 533 | $451K | 0.0% | +30.3% |
| CAT CATERPILLAR INC | Industrials | 615 | $436K | 0.0% | New |
| CSCO CISCO SYSTEMS INC | Technology | 5.5K | $429K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 185 | $1.50B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 120 | $1.62B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 30, 2025 | 90 | $1.09B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 77 | $1.06B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 12, 2025 | 99 | $947.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 4, 2025 | 50 | $854.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 30, 2024 | 45 | $822.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 1, 2024 | 41 | $764.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 10, 2024 | 37 | $792.3M | canonical | SEC ↗ |