# EDGAR Filing Document

**Accession Number:** 0001356249
**File Stem:** 0001420506-26-000294
**Filing Date:** 2026-2
**Character Count:** 10545
**Document Hash:** 15e452ccffa93527d35dd450969d87bd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001420506-26-000294.hdr.sgml**: 20260211

**ACCESSION NUMBER**: 0001420506-26-000294

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260211

**DATE AS OF CHANGE**: 20260211

**EFFECTIVENESS DATE**: 20260211

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fund Evaluation Group, LLC
- **CENTRAL INDEX KEY:** 0001356249

**ORGANIZATION NAME:**
- **EIN:** 010694771
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11872
- **FILM NUMBER:** 26621867

**BUSINESS ADDRESS:**
- **STREET 1:** 201 EAST FIFTH STREET, SUITE 1600
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202
- **BUSINESS PHONE:** 513-977-4400

**MAIL ADDRESS:**
- **STREET 1:** 201 EAST FIFTH STREET, SUITE 1600
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45202

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Fund Evaluation Group LLC<br>**Address:** 201 EAST FIFTH STREET SUITE 1600<br>CINCINNATI, OH 45202

**Form 13F File Number:** 028-11872

**CRD Number (if applicable):** 000121658

**SEC File Number (if applicable):** 801-61324

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Julie T. Thomas<br>**Title:** Chief Compliance Officer<br>**Phone:** 513-977-4400

**Signature, Place, and Date of Signing:**

Julie T. Thomas Chief Compliance Officer  Cincinnati, OH  02-11-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 62

**Form 13F Information Table Value Total:** $3023142485

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| APPLE INC COM | Stock | 037833100 |  | 433617 | 1595 | SH |  | SOLE |  | 1595 | 0 | 0 |
| AVANTIS U.S. LARGE CAP VALUE ETF | ETF | 025072349 |  | 1363860 | 18000 | SH |  | SOLE |  | 18000 | 0 | 0 |
| DIMENSIONAL INTERNATIONAL VALUE ETF | ETF | 25434V807 |  | 2936615 | 58850 | SH |  | SOLE |  | 58850 | 0 | 0 |
| DIMENSIONAL U.S. EQUITY MARKET ETF | ETF | 25434V401 |  | 10442320 | 140789 | SH |  | SOLE |  | 140789 | 0 | 0 |
| ELI LILLY  CO COM | Stock | 532457108 |  | 422349 | 393 | SH |  | SOLE |  | 393 | 0 | 0 |
| GMO US VALUE ETF | ETF | 90139K605 |  | 1388245 | 50500 | SH |  | SOLE |  | 50500 | 0 | 0 |
| INSPIRE 100 ETF | ETF | 66538H534 |  | 209448 | 4641 | SH |  | SOLE |  | 4641 | 0 | 0 |
| INVESCO DB COMMODITY INDEX TRA INVESCO DB COMMODITY INDEX T | ETF | 46138B103 |  | 4143621 | 185314 | SH |  | SOLE |  | 185314 | 0 | 0 |
| INVESCO RAFI US 1000 ETF | ETF | 46137V613 |  | 589972 | 12574 | SH |  | SOLE |  | 12574 | 0 | 0 |
| ISHARES 0-5 YEAR TIPS BOND ETF | ETF | 46429B747 |  | 1998038 | 19514 | SH |  | SOLE |  | 19514 | 0 | 0 |
| ISHARES 10 YEAR INVESTMENT GRADE CORPORATE BOND ETF | ETF | 464289511 |  | 14989351 | 297113 | SH |  | SOLE |  | 297113 | 0 | 0 |
| ISHARES 20 YEAR TREASURY BOND ETF | ETF | 464287432 |  | 13989180 | 160500 | SH |  | SOLE |  | 160500 | 0 | 0 |
| ISHARES CORE MSCI EAFE ETF | ETF | 46432F842 |  | 224545 | 2510 | SH |  | SOLE |  | 2510 | 0 | 0 |
| ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF | ETF | 46432F834 |  | 172954856 | 2043417 | SH |  | SOLE |  | 2043417 | 0 | 0 |
| ISHARES CORE S SMALL CAP ETF | ETF | 464287804 |  | 399959 | 3328 | SH |  | SOLE |  | 3328 | 0 | 0 |
| ISHARES CORE U.S. REIT ETF | ETF | 464288521 |  | 3532090 | 62010 | SH |  | SOLE |  | 62010 | 0 | 0 |
| ISHARES ESG AWARE MSCI EAFE ETF | ETF | 46435G516 |  | 12482845 | 131274 | SH |  | SOLE |  | 131274 | 0 | 0 |
| ISHARES ESG AWARE MSCI EM ETF | ETF | 46434G863 |  | 689273 | 15605 | SH |  | SOLE |  | 15605 | 0 | 0 |
| ISHARES MSCI ACWI ETF | ETF | 464288257 |  | 2465429 | 17425 | SH |  | SOLE |  | 17424 | 0 | 0 |
| ISHARES MSCI EAFE ETF | ETF | 464287465 |  | 6835169 | 71049 | SH |  | SOLE |  | 71049 | 0 | 0 |
| ISHARES MSCI USA QUALITY FACTOR ETF | ETF | 46432F339 |  | 329908 | 1661 | SH |  | SOLE |  | 1661 | 0 | 0 |
| ISHARES RUSSELL 1000 VALUE ETF | ETF | 464287598 |  | 18374461 | 87356 | SH |  | SOLE |  | 87356 | 0 | 0 |
| ISHARES RUSSELL 3000 ETF | ETF | 464287689 |  | 16448475 | 42519 | SH |  | SOLE |  | 42519 | 0 | 0 |
| ISHARES RUSSELL MIDCAP ETF | ETF | 464287499 |  | 2799050 | 29075 | SH |  | SOLE |  | 29075 | 0 | 0 |
| ISHARES SELECT U.S. REIT ETF | ETF | 464287564 |  | 663948 | 11127 | SH |  | SOLE |  | 11127 | 0 | 0 |
| ISHARES TIPS BOND ETF | ETF | 464287176 |  | 940170 | 8554 | SH |  | SOLE |  | 8554 | 0 | 0 |
| ISHARES TRUST ISHARES 0-1 YEAR TREASURY BOND ETF | ETF | 464288679 |  | 29861004 | 271094 | SH |  | SOLE |  | 271094 | 0 | 0 |
| MICROSOFT CORP COM | Stock | 594918104 |  | 224400 | 464 | SH |  | SOLE |  | 464 | 0 | 0 |
| NUVEEN ESG LARGE-CAP VALUE ETF | ETF | 67092P300 |  | 9259321 | 205534 | SH |  | SOLE |  | 205534 | 0 | 0 |
| NVIDIA CORPORATION COM | Stock | 67066G104 |  | 252708 | 1355 | SH |  | SOLE |  | 1355 | 0 | 0 |
| S Catholic Values ETF | ETF | 37954Y889 |  | 56378819 | 685651 | SH |  | SOLE |  | 685651 | 0 | 0 |
| SCHWAB EMERGING MARKETS EQUITY ETF | ETF | 808524706 |  | 41585958 | 1269800 | SH |  | SOLE |  | 1269800 | 0 | 0 |
| SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF | ETF | 808524771 |  | 563818 | 20721 | SH |  | SOLE |  | 20721 | 0 | 0 |
| SCHWAB INTERNATIONAL SMALL-CAP EQUITY ETF | ETF | 808524888 |  | 12373552 | 271767 | SH |  | SOLE |  | 271767 | 0 | 0 |
| SCHWAB SHORT-TERM US TREASURY ETF | ETF | 808524862 |  | 18836158 | 772924 | SH |  | SOLE |  | 772924 | 0 | 0 |
| SCHWAB U.S. LARGE-CAP ETF | ETF | 808524201 |  | 255444928 | 9492565 | SH |  | SOLE |  | 9492565 | 0 | 0 |
| SCHWAB U.S. REIT ETF | ETF | 808524847 |  | 758599 | 36314 | SH |  | SOLE |  | 36314 | 0 | 0 |
| SCHWAB US TIPS ETF | ETF | 808524870 |  | 19814520 | 748000 | SH |  | SOLE |  | 748000 | 0 | 0 |
| STATE STREET SPDR PORTFOLIO S 600 SMALL CAP ETF | ETF | 78468R853 |  | 21292632 | 454388 | SH |  | SOLE |  | 454388 | 0 | 0 |
| Schwab International Equity ETF | ETF | 808524805 |  | 137666217 | 5726548 | SH |  | SOLE |  | 5726548 | 0 | 0 |
| Schwab U.S. Large-Cap Growth ETF | ETF | 808524300 |  | 308152546 | 9445586 | SH |  | SOLE |  | 9445585 | 0 | 0 |
| VANGUARD ESG INTERNATIONAL STOCK ETF | ETF | 921910725 |  | 6646981 | 92809 | SH |  | SOLE |  | 92809 | 0 | 0 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | ETF | 921943858 |  | 691793 | 11074 | SH |  | SOLE |  | 11074 | 0 | 0 |
| VANGUARD INTERMEDIATE-TERM BOND ETF | ETF | 921937819 |  | 10847282 | 139282 | SH |  | SOLE |  | 139282 | 0 | 0 |
| VANGUARD MID-CAP ETF | ETF | 922908629 |  | 3945541 | 13595 | SH |  | SOLE |  | 13595 | 0 | 0 |
| VANGUARD REAL ESTATE ETF | ETF | 922908553 |  | 1315050 | 14861 | SH |  | SOLE |  | 14861 | 0 | 0 |
| VANGUARD RUSSELL 1000 GROWTH ETF | ETF | 92206C680 |  | 1773898 | 14570 | SH |  | SOLE |  | 14570 | 0 | 0 |
| VANGUARD RUSSELL 1000 VALUE ETF | ETF | 92206C714 |  | 7974720 | 86400 | SH |  | SOLE |  | 86400 | 0 | 0 |
| VANGUARD RUSSELL 3000 ETF | ETF | 92206C599 |  | 26137119 | 87028 | SH |  | SOLE |  | 87028 | 0 | 0 |
| VANGUARD S 500 ETF | ETF | 922908363 |  | 131993932 | 210473 | SH |  | SOLE |  | 210473 | 0 | 0 |
| VANGUARD SHORT-TERM BOND ETF | ETF | 921937827 |  | 336834 | 4274 | SH |  | SOLE |  | 4274 | 0 | 0 |
| VANGUARD SHORT-TERM INFLATION-PROTECTED SECURITIES ETF | ETF | 922020805 |  | 58547830 | 1183741 | SH |  | SOLE |  | 1183741 | 0 | 0 |
| VANGUARD SHORT-TERM TREASURY ETF | ETF | 92206C102 |  | 1646143 | 28029 | SH |  | SOLE |  | 28029 | 0 | 0 |
| VANGUARD TOTAL BOND MARKET ETF | ETF | 921937835 |  | 682555 | 9215 | SH |  | SOLE |  | 9215 | 0 | 0 |
| VANGUARD TOTAL STOCK MARKET ETF | ETF | 922908769 |  | 1678571 | 5007 | SH |  | SOLE |  | 5006 | 0 | 0 |
| VERT GLOBAL SUSTAINABLE REAL ESTATE ETF | ETF | 56170L695 |  | 147722 | 14204 | SH |  | SOLE |  | 14204 | 0 | 0 |
| iShares Core S 500 ETF | ETF | 464287200 |  | 1113368546 | 1625498 | SH |  | SOLE |  | 1625497 | 0 | 0 |
| iShares Core US Aggregate Bond ETF | ETF | 464287226 |  | 30038324 | 300744 | SH |  | SOLE |  | 300744 | 0 | 0 |
| iShares MSCI ACWI ex. US ETF | ETF | 464288240 |  | 2428293 | 36173 | SH |  | SOLE |  | 36173 | 0 | 0 |
| iShares MSCI USA ESG Select ETF | ETF | 464288802 |  | 17796586 | 127716 | SH |  | SOLE |  | 127716 | 0 | 0 |
| iShares Russell 2000 Growth ETF | ETF | 464287648 |  | 11355740 | 35156 | SH |  | SOLE |  | 35156 | 0 | 0 |
| iShares US Treasury Bond ETF | ETF | 46429B267 |  | 389277051 | 16906712 | SH |  | SOLE |  | 16906712 | 0 | 0 |

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