STEPHENS GROUP ASSET MANAGEMENT, LLC Concentrated Active

Location: Little Rock, AR

CIK: 0001726808 · Show all filings

Period: Q3 2026 (← Previous)

Filing Date: Oct 9, 2026

Total Value: $1.75B (100.0% shares, 0.0% debt)

Holdings (26)

Increased Positions (8)

IWP ISHARES TR 5.0%

Value $87.28M (+5.9%) Shares 633,950 (+12.6%) Share Price $137.68 Est. Cost/Share $96.94 Unrealized @ Report Date +42.0%

IWF ISHARES TR 5.5%

Value $95.87M (+5.2%) Shares 765,350 (+4.3%) Share Price $125.26 Est. Cost/Share $103.51 Unrealized @ Report Date +21.0%

SPTI SPDR SERIES TRUST 4.6%

Value $79.88M (+6.2%) Shares 2,928,146 (+10.5%) Share Price $27.28 Est. Cost/Share $29.21 Unrealized @ Report Date -6.6%

VOT VANGUARD INDEX FDS 11.5%

Value $201M (-1.3%) Shares 689,650 (+3.5%) Share Price $292.10 Est. Cost/Share $220.08 Unrealized @ Report Date +32.7%

SPIB SPDR SERIES TRUST 2.7%

Value $46.49M (+5.0%) Shares 1,440,070 (+8.9%) Share Price $32.28 Est. Cost/Share $33.85 Unrealized @ Report Date -4.6%

SCHO SCHWAB STRATEGIC TR 2.3%

Value $40.86M (+5.0%) Shares 1,712,575 (+6.2%) Share Price $23.86 Est. Cost/Share $24.31 Unrealized @ Report Date -1.8%

SCHP SCHWAB STRATEGIC TR 2.4%

Value $41.45M (+4.3%) Shares 1,649,265 (+9.9%) Share Price $25.13 Est. Cost/Share $27.21 Unrealized @ Report Date -7.7%

IGSB ISHARES TR 1.0%

Value $16.77M (+3.5%) Shares 327,286 (+5.9%) Share Price $51.23 Est. Cost/Share $52.48 Unrealized @ Report Date -2.4%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
IWP	ISHARES TR	633,950 (+12.6%)	$87.28M (+5.9%)	5.0%	$137.68	$96.94	+42.0%	RUS MD CP GR ETF	464287481
IWF	ISHARES TR	765,350 (+4.3%)	$95.87M (+5.2%)	5.5%	$125.26	$103.51	+21.0%	RUS 1000 GRW ETF	464287614
SPTI	SPDR SERIES TRUST	2,928,146 (+10.5%)	$79.88M (+6.2%)	4.6%	$27.28	$29.21	-6.6%	ST INTER ETF	78464A672
VOT	VANGUARD INDEX FDS	689,650 (+3.5%)	$201M (-1.3%)	11.5%	$292.10	$220.08	+32.7%	MRNGSTR MD CP GR	922908538
SPIB	SPDR SERIES TRUST	1,440,070 (+8.9%)	$46.49M (+5.0%)	2.7%	$32.28	$33.85	-4.6%	ST INTER BD ETF	78464A375
SCHO	SCHWAB STRATEGIC TR	1,712,575 (+6.2%)	$40.86M (+5.0%)	2.3%	$23.86	$24.31	-1.8%	SHT TM US TRES	808524862
SCHP	SCHWAB STRATEGIC TR	1,649,265 (+9.9%)	$41.45M (+4.3%)	2.4%	$25.13	$27.21	-7.7%	US TIPS ETF	808524870
IGSB	ISHARES TR	327,286 (+5.9%)	$16.77M (+3.5%)	1.0%	$51.23	$52.48	-2.4%	ISHS 1-5YR INVS	464288646

Decreased Positions (8)

IWO ISHARES TR 1.2%

Value $21.78M (-25.9%) Shares 61,038 (-18.2%) Share Price $356.90 Est. Cost/Share $276.60 Unrealized @ Report Date +29.0%

IWS ISHARES TR 6.3%

Value $109M (-6.3%) Shares 680,980 (-4.1%) Share Price $160.74 Est. Cost/Share $91.68 Unrealized @ Report Date +75.3%

IWD ISHARES TR 5.6%

Value $97.79M (-5.8%) Shares 394,433 (-7.9%) Share Price $247.93 Est. Cost/Share $134.71 Unrealized @ Report Date +84.1%

VUG VANGUARD INDEX FDS 12.4%

Value $217M (+2.2%) Shares 2,403,760 (-2.3%) Share Price $90.11 Est. Cost/Share $77.99 Unrealized @ Report Date +15.5%

VTV VANGUARD INDEX FDS 12.0%

Value $210M (-2.0%) Shares 969,840 (-1.2%) Share Price $216.08 Est. Cost/Share $134.09 Unrealized @ Report Date +61.2%

IWN ISHARES TR 2.8%

Value $48.4M (-6.4%) Shares 231,073 (-1.2%) Share Price $209.45 Est. Cost/Share $132.93 Unrealized @ Report Date +57.6%

IEMG ISHARES INC 1.1%

Value $20.07M (-7.6%) Shares 247,274 (-5.7%) Share Price $81.16 Est. Cost/Share $56.44 Unrealized @ Report Date +43.8%

IEFA ISHARES TR 0.9%

Value $15.74M (-1.7%) Shares 162,493 (-2.0%) Share Price $96.88 Est. Cost/Share $69.90 Unrealized @ Report Date +38.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
IWO	ISHARES TR	61,038 (-18.2%)	$21.78M (-25.9%)	1.2%	$356.90	$276.60	+29.0%	RUS 2000 GRW ETF	464287648
IWS	ISHARES TR	680,980 (-4.1%)	$109M (-6.3%)	6.3%	$160.74	$91.68	+75.3%	RUS MDCP VAL ETF	464287473
IWD	ISHARES TR	394,433 (-7.9%)	$97.79M (-5.8%)	5.6%	$247.93	$134.71	+84.1%	RUS 1000 VAL ETF	464287598
VUG	VANGUARD INDEX FDS	2,403,760 (-2.3%)	$217M (+2.2%)	12.4%	$90.11	$77.99	+15.5%	MRNGSTR GRWT ETF	922908736
VTV	VANGUARD INDEX FDS	969,840 (-1.2%)	$210M (-2.0%)	12.0%	$216.08	$134.09	+61.2%	MRNGSTR VAL ETF	922908744
IWN	ISHARES TR	231,073 (-1.2%)	$48.4M (-6.4%)	2.8%	$209.45	$132.93	+57.6%	RUS 2000 VAL ETF	464287630
IEMG	ISHARES INC	247,274 (-5.7%)	$20.07M (-7.6%)	1.1%	$81.16	$56.44	+43.8%	CORE MSCI EMKT	46434G103
IEFA	ISHARES TR	162,493 (-2.0%)	$15.74M (-1.7%)	0.9%	$96.88	$69.90	+38.6%	CORE MSCI EAFE	46432F842

Unchanged Positions (10)

VBR VANGUARD INDEX FDS 6.2%

Value $108M Shares 466,502 Share Price $231.03 Est. Cost/Share $157.17 Unrealized @ Report Date +47.0%

VBK VANGUARD INDEX FDS 2.9%

Value $50.15M Shares 148,433 Share Price $337.83 Est. Cost/Share $285.56 Unrealized @ Report Date +18.3%

VOE VANGUARD INDEX FDS 13.7%

Value $240M Shares 1,227,780 Share Price $195.53 Est. Cost/Share $131.89 Unrealized @ Report Date +48.3%

VGIT VANGUARD SCOTTSDALE FDS 0.0%

Value $471K Shares 8,305 Share Price $56.66 Est. Cost/Share $57.81 Unrealized @ Report Date -2.0%

IEI ISHARES TR 0.0%

Value $440K Shares 3,878 Share Price $113.44 Est. Cost/Share $116.81 Unrealized @ Report Date -2.9%

VCIT VANGUARD SCOTTSDALE FDS 0.0%

Value $251K Shares 3,208 Share Price $78.31 Est. Cost/Share $80.28 Unrealized @ Report Date -2.4%

VCSH VANGUARD SCOTTSDALE FDS 0.0%

Value $276K Shares 3,577 Share Price $77.25 Est. Cost/Share $77.82 Unrealized @ Report Date -0.7%

SHY ISHARES TR 0.0%

Value $502K Shares 6,188 Share Price $81.20 Est. Cost/Share $82.54 Unrealized @ Report Date -1.6%

SPSB SPDR SERIES TRUST 0.0%

Value $370K Shares 12,491 Share Price $29.59 Est. Cost/Share $30.26 Unrealized @ Report Date -2.2%

FLOT ISHARES TR 0.0%

Value $714K Shares 13,985 Share Price $51.05 Est. Cost/Share $50.64 Unrealized @ Report Date +0.8%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
VBR	VANGUARD INDEX FDS	466,502	$108M	6.2%	$231.03	$157.17	+47.0%	MRNGSTR SML CP V	922908611
VBK	VANGUARD INDEX FDS	148,433	$50.15M	2.9%	$337.83	$285.56	+18.3%	MRNGSTR SM CP GR	922908595
VOE	VANGUARD INDEX FDS	1,227,780	$240M	13.7%	$195.53	$131.89	+48.3%	MRNGSTR MD CP VA	922908512
VGIT	VANGUARD SCOTTSDALE FDS	8,305	$471K	0.0%	$56.66	$57.81	-2.0%	INTER TERM TREAS	92206C706
IEI	ISHARES TR	3,878	$440K	0.0%	$113.44	$116.81	-2.9%	3 7 YR TREAS BD	464288661
VCIT	VANGUARD SCOTTSDALE FDS	3,208	$251K	0.0%	$78.31	$80.28	-2.4%	INT-TERM CORP	92206C870
VCSH	VANGUARD SCOTTSDALE FDS	3,577	$276K	0.0%	$77.25	$77.82	-0.7%	SHRT TRM CORP BD	92206C409
SHY	ISHARES TR	6,188	$502K	0.0%	$81.20	$82.54	-1.6%	1 3 YR TREAS BD	464287457
SPSB	SPDR SERIES TRUST	12,491	$370K	0.0%	$29.59	$30.26	-2.2%	ST SHOR CORP ETF	78464A474
FLOT	ISHARES TR	13,985	$714K	0.0%	$51.05	$50.64	+0.8%	FLTG RATE NT ETF	46429B655