Latest SJA Financial Advisory, LLC Stock Portfolio

SJA Financial Advisory, LLC Performance:

2025 Q4: 1.75%YTD: 14.57%2024: -3.29%

Performance for 2025 Q4 is 1.75%, and YTD is 14.57%, and 2024 is -3.29%.

About SJA Financial Advisory, LLC and 13F Hedge Fund Stock Holdings

Broadview Financial Management, LLC is a hedge fund based in Wauwatosa, WI. On 2026-02-13, the fund reported it's updated stock portfolio. In the 13F Holdings report, Broadview Financial Management, LLC reported an equity portfolio of $149.4 Millions as of 31 Dec, 2025.

The top stock holdings of Broadview Financial Management, LLC are IBCE, IJR, BIV. The fund has invested 15.8% of it's portfolio in ISHARES CORE MSCI EAFE and 10.8% of portfolio in ISHARES S&P 500 INDEX.

They significantly reduced their stock positions in ISHARES NATIONAL MUNI BOND ETF (AAXJ), FIDELITY ENHANCED LARGE CAP CORE ETF (FBCG) and ISHARES CORE MSCI EMERGING MKTS (EMGF). The fund showed a lot of confidence in some stocks as they added substantially to VANGUARD S&P 500 ETF (VB), ISHARES US REAL ESTATE ETF (IJR) and POWERSHARES QQQ TR (QQQ).

SJA Financial Advisory, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Broadview Financial Management, LLC made a return of 1.75% in the last quarter. In trailing 12 months, it's portfolio return was 14.57%.

Performance
S&P 500

New Buys

No new stocks were added by SJA Financial Advisory, LLC

Additions

Ticker	% Inc.
vanguard s&p 500 etf	11.42
ishares us real estate etf	10.07
powershares qqq tr	4.73
schwab international equity etf	2.85
vanguard reit index etf	2.17
ishares trust core msci total intl stk etf	1.88
ishares russell 2000 value	1.24
vanguard total bond market etf	1.23

Additions to existing portfolio by SJA Financial Advisory, LLC

Reductions

Ticker	% Reduced
ishares national muni bond etf	-16.44
fidelity enhanced large cap core etf	-16.23
ishares core msci emerging mkts	-9.1
schwab emerging markets equity etf	-5.94
ishares s&p smallcap 600 value etf	-1.63
ishares russell 1000 growth etf	-1.61
state street spdr s&p 400 mid cap value etf	-1.59
ishares core msci eafe	-1.59

SJA Financial Advisory, LLC reduced stake in above stock

Sold off

None of the stocks were completely sold off by SJA Financial Advisory, LLC

Sector Distribution

Broadview Financial Management, LLC has about 100% of it's holdings in Others sector.

Sector	%
Others	100

Market Cap. Distribution

Broadview Financial Management, LLC has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	100

Stocks belong to which Index?

About 0% of the stocks held by Broadview Financial Management, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	100

Top 5 Winners (%)		%
VEA	vanguard ftse developed markets etf	4.2 %
IJR	ishares russell 1000 value etf	3.3 %
FNDA	schwab international equity etf	3.2 %
IJR	ishares s&p smallcap 600 value etf	2.8 %
IJR	ishares s&p 500 value etf	2.7 %

Top 5 Winners ($)		$
IBCE	ishares core msci eafe	0.6 M
IJR	ishares s&p 500 index	0.4 M
IJR	ishares s&p 500 value etf	0.3 M
VEA	vanguard ftse developed markets etf	0.3 M
IJR	ishares s&p 500 growth etf	0.2 M

Top 5 Losers (%)		%
VB	vanguard reit index etf	-3.2 %
IJR	ishares us real estate etf	-3.1 %
FNDA	schwab emerging markets equity etf	-1.8 %
BIL	state street spdr bloomberg high yield bond etf	-0.8 %
BIV	vanguard total bond market etf	-0.4 %

Top 5 Losers ($)		$
VB	vanguard reit index etf	-0.1 M
IJR	ishares us real estate etf	-0.1 M
BIV	vanguard total bond market etf	0.0 M
FNDA	schwab emerging markets equity etf	0.0 M
IJR	ishares s&p small-cap 600 growth etf	0.0 M

SJA Financial Advisory, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of SJA Financial Advisory, LLC

Broadview Financial Management, LLC has 41 stocks in it's portfolio. About 72% of the portfolio is in top 10 stocks. VB proved to be the most loss making stock for the portfolio. IBCE was the most profitable stock for Broadview Financial Management, LLC last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAXJ	ishares national muni bond etf	0.23	3,273	350,543	reduced	-16.44

BIL	state street spdr s&p 400 mid cap growth etf	0.98	15,891	1,468,840	reduced	-0.18

BIL	state street spdr s&p 400 mid cap value etf	0.48	8,458	715,976	reduced	-1.59

BIL	state street spdr bloomberg high yield bond etf	0.16	2,538	246,681	added	1.04

BIV	vanguard total bond market etf	7.54	152,169	11,271,200	added	1.23

CWI	state street spdr portfolio emerging markets etf	0.50	16,126	754,843	added	1.2

EMGF	ishares core msci emerging mkts	5.57	123,739	8,317,710	reduced	-9.1

FBCG	fidelity enhanced large cap core etf	0.67	26,147	998,015	reduced	-16.23

FNDA	schwab u.s. large-cap growth etf	2.46	112,594	3,672,820	reduced	-0.54

FNDA	schwab u.s. large-cap etf	2.26	125,690	3,382,310	reduced	-0.94

FNDA	schwab u.s. large-cap value etf	1.80	90,704	2,685,730	added	0.54

FNDA	schwab emerging markets equity etf	0.59	27,085	887,033	reduced	-5.94

FNDA	schwab international equity etf	0.52	32,045	770,358	added	2.85

FNDA	schwab u.s. broad market etf	0.27	15,368	403,106	added	0.31

FNDA	schwab u.s. small-cap etf	0.14	7,146	203,506	reduced	-1.26

IBCE	ishares core msci eafe	15.77	263,482	23,571,100	reduced	-1.59

IBCE	ishares trust core msci total intl stk etf	0.68	12,006	1,016,180	added	1.88

IJR	ishares s&p 500 index	10.79	23,543	16,125,500	reduced	-1.08

IJR	ishares s&p 500 value etf	7.37	51,906	11,007,700	reduced	-1.41

IJR	ishares s&p 500 growth etf	7.34	88,953	10,964,400	reduced	-0.06