Milestone Group, Inc.

RIA/Wealth

Milestone Group, Inc. is a RIA/Wealth based in Denver, CO led by Gregory Ayres Wheeler, reporting $3.2B in AUM as of Q3 2025 with 89% ETF concentration, 72% concentrated in top 10 holdings, 19% allocation to VOO, and minimal technology exposure.

CEOGregory Ayres Wheeler

Portfolio Value: $1.6B
Positions: 380
Top Holding: VOO at 19.41%
Last Reported: Q3 2025

Address1600 Broadway, 4th Floor, Denver, CO, 80202, United States

Top Holdings

Largest long holdings in Milestone Group, Inc.'s portfolio (72.3% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Vanguard S&P 500 ETF VOO	ETF ETF	$308.5M	19.41%	-$2.3M Sold	— 502.3K shares	≤ Q2 2013 Held for 12y 5m+
2 Vanguard Growth VUG	ETF ETF	$188.8M	11.88%	-$3.4M Sold	— 393.2K shares	Q2 2017 Held for 8y 5m
3 Vanguard FTSE Developed Markets VEA	ETF ETF	$145.7M	9.17%	+$9.2M Bought	— 2.4M shares	≤ Q2 2013 Held for 12y 5m+
4 Vanguard Value VTV	ETF ETF	$109.3M	6.88%	+$827.8K Bought	— 583.3K shares	Q2 2019 Held for 6y 5m
5 iShares Core S&P Mid-Cap ETF IJH	ETF ETF	$82.5M	5.19%	-$2.6M Sold	— 1.3M shares	Q2 2016 Held for 9y 5m
6 VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP	ETF ETF	$74.1M	4.66%	+$74.1M New	— 1.5M shares	Q3 2025 Held for 2 months
7 iShares Core S&P 500 ETF IVV	ETF ETF	$74.0M	4.66%	-$858.7K Sold	— 110.6K shares	≤ Q2 2013 Held for 12y 5m+
8 iShares Russell 1000 IWB	ETF ETF	$74.0M	4.66%	-$2.2M Sold	— 202.4K shares	≤ Q2 2013 Held for 12y 5m+
9 iShares Core MSCI EAFE ETF IEFA	ETF ETF	$49.5M	3.11%	-$1.1M Sold	— 566.7K shares	Q2 2016 Held for 9y 5m
10 Vanguard Mid-Cap Fund VO	ETF ETF	$42.4M	2.67%	-$1.8M Sold	— 143.8K shares	Q4 2019 Held for 5y 11m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Milestone Group, Inc.'s latest filing

See all changes

GthenC

Market Value

$1.6B

Prior: $1.5B

Q/Q Change

+5.99%

+$89.8M

Net Flows % of MV

-0.7%

Turnover Ratio

4.15%

New Purchases

8 stocks

$75.1M

Added To

50 stocks

+$17.9M

Sold Out Of

52 stocks

$827.5K

Reduced Holdings

139 stocks

-$103.2M

Increased Positions

Position	Shares Δ	Change
1 VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP	New	0 → 1.5M +$74.1M
2 Avantis Emerging Markets Equity AVEM	New	0 → 11.1K +$832.7K
3 iShares 0-5 Year Investment Grade Corporate Bond SLQD	New	0 → 1.1K +$55.9K
4 JPIE JPMorgan Income JPIE	New	0 → 1.1K +$52.7K
5 Hims & Hers Health HIMS	New	0 → 413.0 +$23.4K

Decreased Positions

Position	Shares Δ	Change
1 iShares TIPS Bond TIP	Sold	574.0 → 0 −$63.2K
2 DTD WisdomTree U.S. Total Dividend DTD	Sold	697.0 → 0 −$55.4K
3 Bread Financial Holdings BFH	Sold	740.0 → 0 −$42.3K
4 EOS Eaton Vance Enhance Equity Income Fund II EOS	Sold	1.7K → 0 −$41.2K
5 Fortune Brands Innovations FBIN	Sold	660.0 → 0 −$34.0K

See all changes

GthenC

Analytics

Portfolio insights and performance metrics for Milestone Group, Inc.

View analytics

GthenA

Sector Allocation

ETF

89.00%

Technology

3.70%

Financial Services

1.60%

Industrials

1.00%

Consumer Cyclical

0.90%

Communication Services

0.80%

Healthcare

0.80%

Consumer Defensive

0.70%

Basic Materials

0.20%

Energy

0.20%

Real Estate

0.10%

Utilities

0.10%

Market Cap Distribution

Mega Cap (> $200B)

6.01%

Large Cap ($10B - $200B)

4.04%

Mid Cap ($2B - $10B)

0.09%

Small Cap ($300M - $2B)

0.02%

Nano Cap (< $50M)

0.07%

N/A (ETF or Unknown)

89.77%

Portfolio Concentration

Top 10 Holdings %

72.3%

Top 20 Holdings %

83.97%

Top 50 Holdings %

92.96%

Top 100 Holdings %

97.36%