Accredited Investors Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Accredited Investors Inc. reported 210 stock positions worth $1.6 billion. Its top holding was iShares Core S&P Midcap ETF (IJH) at 9.4% of the portfolio, followed by United Parcel Service Class B (UPS, 7.5%) and Avantis Intl S/C Value ETF (AVDV, 6.9%). Compared with Q4 2023, it opened 18 new positions, sold out of 3, added to 82 and reduced 71. The biggest buy was iShares Core S&P Midcap ETF (IJH, shares +64%) and the biggest sale iShares MSCI All Country Asi (AAXJ, shares −89%).
- Most Recent 13F
- Q2 2026
- Location
- EDINA, MN
- CIK
- 0001518364
- Portfolio Value
- $1.6B (Q1 2024)
- SEC Filing
- 0001518364-24-000003 ↗ filed May 14, 2024
Holdings Value
Holdings 210 stocks · $1.6B
| IJH iShares Core S&P Midcap ETF | 9.40% | 2,409,042 | $146.3M | Add +63.9% |
| UPS United Parcel Service Class B | 7.49% | 784,864 | $116.7M | Add +0.0% |
| AVDV Avantis Intl S/C Value ETF | 6.88% | 1,624,932 | $107.0M | Add +29.4% |
| IJR iShares Core S&P Small-Cap E | 5.40% | 761,074 | $84.1M | Add +1.3% |
| EFA iShares MSCI Eafe ETF | 4.68% | 912,011 | $72.8M | Reduce -8.3% |
| VEU Vanguard Ftse All-World Ex-U | 4.27% | 1,133,887 | $66.5M | Add +52.9% |
| IVV iShares Core S&P 500 ETF | 4.14% | 122,577 | $64.4M | Reduce -1.2% |
| SCHB Schwab US Broad Market ETF | 4.07% | 1,036,606 | $63.3M | Add +2.7% |
| BRK.A 1/100 Berkshire HTWY A Class A | 3.71% | 9,100 | $57.7M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.68% | 351,517 | $57.2M | Add +9.1% |
| AMZN Amazon.com Inc. | 3.40% | 293,413 | $52.9M | Add +451.5% |
| IWM iShares Russell 2000 ETF | 3.27% | 242,075 | $50.9M | Reduce -3.2% |
| RBLX Roblox Corp. Class A | 3.11% | 1,267,631 | $48.4M | Reduce -5.5% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.93% | 909,520 | $45.6M | Reduce -5.2% |
| AAPL Apple Inc. | 2.69% | 244,484 | $41.9M | Reduce -4.3% |
| IWF iShares Russell 1000 Growth | 2.14% | 98,606 | $33.2M | Reduce -3.1% |
| IWP iShares Russell Mid-Cap Grow | 1.75% | 238,369 | $27.2M | Reduce -2.4% |
| VEA Vanguard Ftse Developed ETF | 1.60% | 496,004 | $24.9M | Reduce -1.2% |
| AGG iShares Core U.S. Aggregate | 1.30% | 205,925 | $20.2M | Reduce -39.5% |
| VT Vanguard Tot World STK ETF | 1.26% | 177,925 | $19.7M | Reduce -2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.17% | 43,340 | $18.2M | Reduce -10.7% |
| VGLT Vanguard Long-Term Treasury | 1.08% | 284,666 | $16.9M | Reduce -6.0% |
| FNDA Schwab Fndmntl US SM Co. ETF | 1.04% | 283,687 | $16.2M | Add +16.9% |
| EFV iShares MSCI Eafe Value ETF | 0.93% | 266,837 | $14.5M | Reduce -7.8% |
| ESML iShares ESG Aware MSCI USA S | 0.89% | 342,186 | $13.8M | Reduce -1.6% |
| ADP Automatic Data Processing | 0.82% | 51,009 | $12.7M | Add +0.0% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.81% | 7,370 | $12.6M | Reduce -13.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.79% | 23,559 | $12.3M | Reduce -0.4% |
| IWS iShares Russell Mid-Cap Valu | 0.73% | 90,425 | $11.3M | Reduce -1.8% |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.62% | 245,615 | $9.6M | Reduce -4.6% |
| GIS General Mills Inc. | 0.58% | 128,709 | $9.0M | Add +0.3% |
| EAGG iShares ESG Aware US Aggrega | 0.49% | 163,576 | $7.7M | Add +3.9% |
| MSFT Microsoft Corp. | 0.49% | 18,190 | $7.7M | Add +5.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.43% | 25,663 | $6.7M | Add +1.4% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.42% | 22,771 | $6.5M | Reduce -1.4% |
| CHRW C.H. Robinson Worldwide Inc. | 0.39% | 80,221 | $6.1M | Add +3.5% |
| NVDA Nvidia Corp. | 0.38% | 6,483 | $5.9M | Reduce -0.3% |
| SUSA iShares ESG Optimized MSCI U | 0.35% | 49,631 | $5.4M | Reduce -0.2% |
| ESGD iShares Trust iShares ESG Aw | 0.31% | 60,602 | $4.8M | Add +4.9% |
| TSLA Tesla Inc. | 0.29% | 25,918 | $4.6M | Reduce -31.2% |
| GOOG Alphabet Inc. Class C | 0.29% | 29,341 | $4.5M | Reduce -13.0% |
| AAXJ iShares MSCI All Country Asi | 0.28% | 63,385 | $4.3M | Reduce -88.6% |
| UNH Unitedhealth Group Inc. | 0.27% | 8,478 | $4.2M | Add +16.2% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.25% | 38,399 | $3.9M | Reduce -6.9% |
| DMXF iShares ESG Advanc MSCI Eafe | 0.21% | 48,214 | $3.3M | Add +1.5% |
| MMM 3M Co. | 0.21% | 30,450 | $3.2M | Reduce -1.5% |
| IWB iShares Russell 1000 ETF | 0.20% | 10,866 | $3.1M | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.20% | 13,474 | $3.1M | Add +0.5% |
| USXF iShares ESG Advance MSCI USA | 0.19% | 63,942 | $2.9M | Reduce -2.6% |
| VXF Vanguard Extended Market ETF | 0.18% | 15,854 | $2.8M | Reduce -1.6% |
| JPM JPMorgan Chase & Co. | 0.17% | 13,507 | $2.7M | Add +2.2% |
| CLSK Cleanspark Inc. | 0.17% | 127,000 | $2.7M | New |
| IWD iShares Russell 1000 Value E | 0.17% | 14,987 | $2.7M | Add +0.0% |
| LLY Eli Lilly & Co. | 0.16% | 3,254 | $2.5M | Add +5.4% |
| USB US Bancorp | 0.16% | 56,568 | $2.5M | Add +0.1% |
| VOO Vanguard S&P 500 ETF | 0.16% | 5,183 | $2.5M | Add +1.3% |
| COST Costco Wholesale Corp. | 0.15% | 3,220 | $2.4M | Reduce -18.3% |
| GOOGL Alphabet Inc. Class A | 0.15% | 15,024 | $2.3M | Reduce -11.9% |
| GGG Graco Inc. | 0.14% | 23,639 | $2.2M | Reduce -2.5% |
| META Meta Platforms Inc. Class A | 0.14% | 4,405 | $2.1M | Add +1.9% |
| ACN Accenture PLC Class A | 0.12% | 5,566 | $1.9M | Reduce -0.3% |
| TRV The Travelers Cos Inc. | 0.12% | 8,224 | $1.9M | No change |
| PG The Procter & Gamble Co. | 0.12% | 11,190 | $1.8M | Add +0.7% |
| TCMD Tactile Systems Technology I | 0.12% | 111,193 | $1.8M | No change |
| PEP Pepsico Inc. | 0.12% | 10,232 | $1.8M | Add +4.7% |
| VXUS Vanguard Total Intl Stock | 0.12% | 29,689 | $1.8M | Add +0.6% |
| SUSB iShares ESG Aware 1-5 Year U | 0.11% | 72,775 | $1.8M | Reduce -8.9% |
| TGT Target Corp. | 0.11% | 9,806 | $1.7M | Add +28.1% |
| V Visa Inc. Class A | 0.11% | 6,002 | $1.7M | Add +1.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 3,741 | $1.7M | Add +4.7% |
| TNC Tennant Co. | 0.10% | 13,162 | $1.6M | Reduce -14.8% |
| HD Home Depot Inc. | 0.10% | 4,061 | $1.6M | Reduce -4.7% |
| XOM Exxon Mobil Corp. | 0.10% | 13,399 | $1.6M | Add +8.5% |
| MRK Merck & Co. Inc. | 0.10% | 11,726 | $1.5M | Add +2.4% |
| SPSC SPS Commerce Inc. | 0.09% | 7,910 | $1.5M | Reduce -0.1% |
| AON Aon PLC Class A | 0.09% | 4,200 | $1.4M | No change |
| FAST Fastenal Co. | 0.09% | 18,158 | $1.4M | Add +0.2% |
| GWX State Street SPDR S&P Intern | 0.09% | 42,127 | $1.4M | Reduce -1.0% |
| GE General Electric | 0.09% | 7,713 | $1.4M | Add +0.0% |
| ABT Abbott Laboratories | 0.08% | 11,592 | $1.3M | Reduce -0.1% |
| ORCL Oracle Corp. | 0.08% | 10,130 | $1.3M | Reduce -24.0% |
| ABBV Abbvie Inc. | 0.08% | 6,782 | $1.2M | Reduce -1.6% |
| ITOT iShares Core S&P Total U.S. | 0.08% | 10,221 | $1.2M | Add +0.7% |
| XEL Xcel Energy Inc. | 0.07% | 21,361 | $1.1M | Add +2.0% |
| JNJ Johnson & Johnson | 0.07% | 7,231 | $1.1M | Add +0.2% |
| MCD McDonald's Corp. | 0.07% | 3,963 | $1.1M | Add +5.7% |
| CLF Cleveland-Cliffs Inc. | 0.07% | 46,409 | $1.1M | Reduce -5.6% |
| CAT Caterpillar Inc. | 0.07% | 2,839 | $1.0M | Reduce -1.8% |
| TLT iShares 20+ Year Treasury BD | 0.07% | 10,750 | $1.0M | Reduce -78.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.06% | 8,203 | $1.0M | Add +1.5% |
| AMAT Applied Materials Inc. | 0.06% | 4,855 | $1.0M | No change |
| MDT Medtronic PLC | 0.06% | 11,340 | $988K | Reduce -0.5% |
| SCHG Schwab US Large-Cap Growth | 0.06% | 10,527 | $976K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 23,592 | $895K | Add +0.0% |
| MUB iShares National Muni Bond E | 0.06% | 8,121 | $874K | Reduce -16.9% |
| AXP American Express Co. | 0.06% | 3,828 | $872K | Add +2.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.05% | 3,283 | $820K | Add +0.5% |
| BMY Bristol-Myers Squibb Co. | 0.05% | 14,894 | $808K | Reduce -0.4% |
| HTLF Heartland Financial USA Inc. | 0.05% | 22,598 | $794K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.05% | 4,097 | $782K | Reduce -4.9% |
Portfolio Sells Q4 2023 → Q1 2024
| AAXJ iShares MSCI All Country Asi | Reduce -88.6% | 0.28% | −2.34 |
| RBLX Roblox Corp. Class A | Reduce -5.5% | 3.11% | −1.24 |
| AGG iShares Core U.S. Aggregate | Reduce -39.5% | 1.30% | −1.10 |
| AAPL Apple Inc. | Reduce -4.3% | 2.69% | −0.79 |
| EFA iShares MSCI Eafe ETF | Reduce -8.3% | 4.68% | −0.63 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -94.1% | 0.03% | −0.49 |
| TSLA Tesla Inc. | Reduce -31.2% | 0.29% | −0.37 |
| IWM iShares Russell 2000 ETF | Reduce -3.2% | 3.27% | −0.29 |
| TLT iShares 20+ Year Treasury BD | Reduce -78.0% | 0.07% | −0.28 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -5.2% | 2.93% | −0.24 |
| VGLT Vanguard Long-Term Treasury | Reduce -6.0% | 1.08% | −0.24 |
| EFV iShares MSCI Eafe Value ETF | Reduce -7.8% | 0.93% | −0.14 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.2% | 1.60% | −0.11 |
| VT Vanguard Tot World STK ETF | Reduce -2.8% | 1.26% | −0.07 |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | Reduce -4.6% | 0.62% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -1.2% | 4.14% | −0.06 |
| IWP iShares Russell Mid-Cap Grow | Reduce -2.4% | 1.75% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -10.7% | 1.17% | −0.06 |
| IWF iShares Russell 1000 Growth | Reduce -3.1% | 2.14% | −0.05 |
| ESML iShares ESG Aware MSCI USA S | Reduce -1.6% | 0.89% | −0.05 |
| GOOG Alphabet Inc. Class C | Reduce -13.0% | 0.29% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -18.3% | 0.15% | −0.03 |
| MMM 3M Co. | Reduce -1.5% | 0.21% | −0.03 |
| IWS iShares Russell Mid-Cap Valu | Reduce -1.8% | 0.73% | −0.03 |
| SUSB iShares ESG Aware 1-5 Year U | Reduce -8.9% | 0.11% | −0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -11.9% | 0.15% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -38.4% | 0.04% | −0.02 |
| MUB iShares National Muni Bond E | Reduce -16.9% | 0.06% | −0.02 |
| ORCL Oracle Corp. | Reduce -24.0% | 0.08% | −0.02 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -6.9% | 0.25% | −0.02 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.02 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.02 |
| FIVE Five Below | Sold out | 0.00% | −0.01 |
| ACN Accenture PLC Class A | Reduce -0.3% | 0.12% | −0.01 |
| SPSC SPS Commerce Inc. | Reduce -0.1% | 0.09% | −0.01 |
| INTC Intel Corp. | Reduce -3.0% | 0.04% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -24.5% | 0.02% | −0.01 |
| TECH Bio-Techne Corp. | Reduce -15.9% | 0.02% | −0.01 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -33.3% | 0.02% | −0.01 |
| VXF Vanguard Extended Market ETF | Reduce -1.6% | 0.18% | −0.01 |
| GWX State Street SPDR S&P Intern | Reduce -1.0% | 0.09% | −0.01 |
| GGG Graco Inc. | Reduce -2.5% | 0.14% | −0.01 |
| PFE Pfizer Inc. | Reduce -3.2% | 0.04% | −0.01 |
| SUSA iShares ESG Optimized MSCI U | Reduce -0.2% | 0.35% | −0.01 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -2.2% | 0.05% | −0.01 |
| ABT Abbott Laboratories | Reduce -0.1% | 0.08% | −0.01 |
| MS Morgan Stanley | Reduce -18.9% | 0.02% | −0.01 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -1.4% | 0.42% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.4% | 0.79% | −0.01 |
| DG Dollar General Corp. | Reduce -25.9% | 0.02% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| IJH iShares Core S&P Midcap ETF | Add +63.9% | 9.40% | +3.62 |
| AMZN Amazon.com Inc. | Add +451.5% | 3.40% | +2.83 |
| VEU Vanguard Ftse All-World Ex-U | Add +52.9% | 4.27% | +1.32 |
| AVDV Avantis Intl S/C Value ETF | Add +29.4% | 6.88% | +1.31 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +9.1% | 3.68% | +0.26 |
| CLSK Cleanspark Inc. | New | 0.17% | +0.17 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +16.9% | 1.04% | +0.09 |
| SCHB Schwab US Broad Market ETF | Add +2.7% | 4.07% | +0.08 |
| CSR Centerspace | New | 0.04% | +0.04 |
| LLY Eli Lilly & Co. | Add +5.4% | 0.16% | +0.04 |
| TGT Target Corp. | Add +28.1% | 0.11% | +0.03 |
| MSFT Microsoft Corp. | Add +5.7% | 0.49% | +0.03 |
| META Meta Platforms Inc. Class A | Add +1.9% | 0.14% | +0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.02% | +0.02 |
| GE General Electric | Add +0.0% | 0.09% | +0.02 |
| ELF Elf Beauty Inc. | New | 0.02% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.02% | +0.02 |
| IXUS iShares Core Intl Stock ETF | New | 0.02% | +0.02 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | New | 0.02% | +0.02 |
| QUAL iShares MSCI USA Quality Fac | New | 0.01% | +0.01 |
| DVY iShares Select Dividend ETF | New | 0.01% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +2.2% | 0.17% | +0.01 |
| DE Deere & Co. | New | 0.01% | +0.01 |
| SLB SLB Ltd. | New | 0.01% | +0.01 |
| CMCSA Comcast Corp. Class A | New | 0.01% | +0.01 |
| SCHX Schwab US Large-Cap ETF | New | 0.01% | +0.01 |
| RPG Invesco S&P 500 Pure Growth | New | 0.01% | +0.01 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.01% | +0.01 |
| UNP Union Pacific Corp. | New | 0.01% | +0.01 |
| BABA Alibaba Group Holding-SP ADR | New | 0.01% | +0.01 |
| DIS The Walt Disney Co. | Add +1.5% | 0.06% | +0.01 |
| VERV Verve Therapeutics Inc. | New | 0.01% | +0.01 |
| XOM Exxon Mobil Corp. | Add +8.5% | 0.10% | +0.01 |
| MRK Merck & Co. Inc. | Add +2.4% | 0.10% | +0.01 |
| WMT Walmart Inc. | Add +21.3% | 0.05% | +0.01 |
| AMGN Amgen Inc. | Add +47.1% | 0.04% | +0.01 |
| NOBL Proshares S&P 500 Dividend A | Add +51.7% | 0.02% | +0.01 |
| BNY Bank of New York Mellon Corp. | Add +43.7% | 0.02% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +29.4% | 0.03% | +0.01 |
| FAST Fastenal Co. | Add +0.2% | 0.09% | +0.01 |
| AXP American Express Co. | Add +2.3% | 0.06% | +0.01 |
| AVGO Broadcom Inc. | Add +14.2% | 0.02% | +0.00 |
| NFLX Netflix Inc. | Add +0.6% | 0.03% | +0.00 |
| ISRG Intuitive Surgical Inc. | Add +7.0% | 0.03% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +4.7% | 0.11% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.4% | 0.43% | +0.00 |
| DAL Delta Air Lines Inc. | Add +6.0% | 0.02% | +0.00 |
| TMO Thermo Fisher Scientific Inc. | Add +8.4% | 0.03% | +0.00 |
| SOXX iShares Semiconductor ETF | Add +0.4% | 0.03% | +0.00 |
| ESGD iShares Trust iShares ESG Aw | Add +4.9% | 0.31% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 299 | $2.3B | AVDV, SEZL, VEU, SCHB, VTV |
| Q1 2026 | 281 | $1.9B | AVDV, SCHB, VTV, IJH, IWM |
| Q4 2025 | 283 | $1.9B | AVDV, SCHB, VTV, IJH, IVV |
| Q3 2025 | 264 | $1.8B | AVDV, SCHB, IJH, VTV, IVV |
| Q2 2025 | 239 | $1.7B | AVDV, IJH, SCHB, VTV, IVV |
| Q1 2025 | 238 | $1.6B | AVDV, IJH, SCHB, UPS, IJR |
| Q4 2024 | 228 | $1.7B | IJH, AVDV, SCHB, UPS, IJR |
| Q3 2024Amended | 236 | $1.7B | AVDV, IJH, SCHB, UPS, IJR |
| Q2 2024 | 220 | $1.6B | AVDV, IJH, UPS, SCHB, IJR |
| Q1 2024 | 210 | $1.6B | IJH, UPS, AVDV, IJR, EFA |