Accredited Investors Inc.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 19, 2024), Accredited Investors Inc. reported 220 stock positions worth $1.6 billion. Its top holding was Avantis Intl S/C Value ETF (AVDV) at 8.6% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 8.4%) and United Parcel Service Class B (UPS, 6.7%). Compared with Q1 2024, it opened 21 new positions, sold out of 13, added to 81 and reduced 81. The biggest buy was Schwab US Broad Market ETF (SCHB, shares +55%) and the biggest sale iShares Core S&P Midcap ETF (IJH, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- EDINA, MN
- CIK
- 0001518364
- Portfolio Value
- $1.6B (Q2 2024)
- SEC Filing
- 0001518364-24-000004 ↗ filed Jul 19, 2024
Holdings Value
Holdings 220 stocks · $1.6B
| AVDV Avantis Intl S/C Value ETF | 8.59% | 2,121,015 | $137.8M | Add +30.5% |
| IJH iShares Core S&P Midcap ETF | 8.43% | 2,310,750 | $135.2M | Reduce -4.1% |
| UPS United Parcel Service Class B | 6.70% | 784,749 | $107.4M | Reduce -0.0% |
| SCHB Schwab US Broad Market ETF | 6.32% | 1,611,625 | $101.3M | Add +55.5% |
| IJR iShares Core S&P Small-Cap E | 5.10% | 766,551 | $81.8M | Add +0.7% |
| VEU Vanguard Ftse All-World Ex-U | 4.80% | 1,312,438 | $77.0M | Add +15.8% |
| IVV iShares Core S&P 500 ETF | 4.44% | 130,039 | $71.2M | Add +6.1% |
| EFA iShares MSCI Eafe ETF | 4.29% | 878,296 | $68.8M | Reduce -3.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.88% | 388,067 | $62.2M | Add +10.4% |
| AMZN Amazon.com Inc. | 3.54% | 293,373 | $56.7M | Reduce -0.0% |
| BRK.A 1/100 Berkshire HTWY A Class A | 3.44% | 9,000 | $55.1M | Reduce -1.1% |
| AAPL Apple Inc. | 3.19% | 242,484 | $51.1M | Reduce -0.8% |
| IWM iShares Russell 2000 ETF | 3.03% | 239,307 | $48.6M | Reduce -1.1% |
| RBLX Roblox Corp. Class A | 2.94% | 1,264,631 | $47.1M | Reduce -0.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.67% | 879,297 | $42.9M | Reduce -3.3% |
| IWF iShares Russell 1000 Growth | 2.22% | 97,462 | $35.5M | Reduce -1.2% |
| IWP iShares Russell Mid-Cap Grow | 1.58% | 230,220 | $25.4M | Reduce -3.4% |
| VEA Vanguard Ftse Developed ETF | 1.54% | 499,275 | $24.7M | Add +0.7% |
| VT Vanguard Tot World STK ETF | 1.25% | 177,370 | $20.0M | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.14% | 44,737 | $18.2M | Add +3.2% |
| AGG iShares Core U.S. Aggregate | 1.01% | 166,591 | $16.2M | Reduce -19.1% |
| VGLT Vanguard Long-Term Treasury | 1.01% | 280,003 | $16.2M | Reduce -1.6% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.96% | 280,829 | $15.4M | Reduce -1.0% |
| EFV iShares MSCI Eafe Value ETF | 0.86% | 258,507 | $13.7M | Reduce -3.1% |
| ESML iShares ESG Aware MSCI USA S | 0.81% | 338,283 | $13.0M | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.80% | 23,602 | $12.8M | Add +0.2% |
| ADP Automatic Data Processing | 0.76% | 51,093 | $12.2M | Add +0.2% |
| IWS iShares Russell Mid-Cap Valu | 0.61% | 80,912 | $9.8M | Reduce -10.5% |
| NVDA Nvidia Corp. | 0.53% | 68,835 | $8.5M | Add +6.2% |
| MSFT Microsoft Corp. | 0.52% | 18,651 | $8.3M | Add +2.5% |
| GIS General Mills Inc. | 0.51% | 128,550 | $8.1M | Reduce -0.1% |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.51% | 212,445 | $8.1M | Reduce -13.5% |
| EAGG iShares ESG Aware US Aggrega | 0.48% | 165,124 | $7.7M | Add +0.9% |
| CHRW C.H. Robinson Worldwide Inc. | 0.44% | 80,739 | $7.1M | Add +0.7% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.44% | 22,226 | $7.0M | Reduce -2.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.43% | 25,738 | $6.9M | Add +0.3% |
| SUSA iShares ESG Optimized MSCI U | 0.43% | 60,809 | $6.8M | Add +22.5% |
| GOOG Alphabet Inc. Class C | 0.33% | 28,944 | $5.3M | Reduce -1.4% |
| ESGD iShares Trust iShares ESG Aw | 0.31% | 63,158 | $5.0M | Add +4.2% |
| UNH Unitedhealth Group Inc. | 0.27% | 8,408 | $4.3M | Reduce -0.8% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.25% | 39,050 | $4.1M | Add +1.7% |
| DMXF iShares ESG Advanc MSCI Eafe | 0.23% | 54,037 | $3.6M | Add +12.1% |
| USXF iShares ESG Advance MSCI USA | 0.21% | 70,960 | $3.3M | Add +11.0% |
| IWB iShares Russell 1000 ETF | 0.20% | 10,866 | $3.2M | No change |
| MMM 3M Co. | 0.20% | 30,635 | $3.1M | Add +0.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.18% | 13,450 | $2.9M | Reduce -0.2% |
| LLY Eli Lilly & Co. | 0.18% | 3,218 | $2.9M | Reduce -1.1% |
| JPM JPMorgan Chase & Co. | 0.18% | 14,174 | $2.9M | Add +4.9% |
| VXF Vanguard Extended Market ETF | 0.17% | 15,944 | $2.7M | Add +0.6% |
| COST Costco Wholesale Corp. | 0.16% | 2,985 | $2.5M | Reduce -7.3% |
| VOO Vanguard S&P 500 ETF | 0.16% | 5,042 | $2.5M | Reduce -2.7% |
| GOOGL Alphabet Inc. Class A | 0.16% | 13,736 | $2.5M | Reduce -8.6% |
| IWD iShares Russell 1000 Value E | 0.15% | 14,210 | $2.5M | Reduce -5.2% |
| USB US Bancorp | 0.14% | 57,703 | $2.3M | Add +2.0% |
| META Meta Platforms Inc. Class A | 0.14% | 4,344 | $2.2M | Reduce -1.4% |
| PG The Procter & Gamble Co. | 0.12% | 11,733 | $1.9M | Add +4.8% |
| GGG Graco Inc. | 0.12% | 23,639 | $1.9M | No change |
| VXUS Vanguard Total Intl Stock | 0.11% | 29,916 | $1.8M | Add +0.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 3,759 | $1.8M | Add +0.5% |
| SOWG Sow Good Inc. | 0.11% | 89,379 | $1.8M | New |
| SUSB iShares ESG Aware 1-5 Year U | 0.11% | 72,929 | $1.8M | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.11% | 15,495 | $1.8M | Add +15.6% |
| TGT Target Corp. | 0.11% | 11,979 | $1.8M | Add +22.2% |
| PEP Pepsico Inc. | 0.11% | 10,474 | $1.7M | Add +2.4% |
| ACN Accenture PLC Class A | 0.10% | 5,517 | $1.7M | Reduce -0.9% |
| TRV The Travelers Cos Inc. | 0.10% | 8,224 | $1.7M | No change |
| WFC Wells Fargo & Co. | 0.10% | 26,480 | $1.6M | Add +124.1% |
| V Visa Inc. Class A | 0.10% | 5,863 | $1.5M | Reduce -2.3% |
| TSLA Tesla Inc. | 0.09% | 7,667 | $1.5M | Reduce -70.4% |
| HD Home Depot Inc. | 0.09% | 4,367 | $1.5M | Add +7.5% |
| SPSC SPS Commerce Inc. | 0.09% | 7,909 | $1.5M | Reduce -0.0% |
| MRK Merck & Co. Inc. | 0.09% | 11,725 | $1.5M | Reduce -0.0% |
| ORCL Oracle Corp. | 0.09% | 10,177 | $1.4M | Add +0.5% |
| TCMD Tactile Systems Technology I | 0.09% | 115,335 | $1.4M | Add +3.7% |
| GWX State Street SPDR S&P Intern | 0.08% | 41,782 | $1.3M | Reduce -0.8% |
| ABT Abbott Laboratories | 0.08% | 12,726 | $1.3M | Add +9.8% |
| TNC Tennant Co. | 0.08% | 13,162 | $1.3M | No change |
| AON Aon PLC Class A | 0.08% | 4,184 | $1.2M | Reduce -0.4% |
| GE General Electric filed as GE AEROSPACE | 0.08% | 7,721 | $1.2M | Add +0.1% |
| ITOT iShares Core S&P Total U.S. | 0.08% | 10,168 | $1.2M | Reduce -0.5% |
| ABBV Abbvie Inc. | 0.07% | 6,686 | $1.1M | Reduce -1.4% |
| XEL Xcel Energy Inc. | 0.07% | 21,201 | $1.1M | Reduce -0.8% |
| SCHG Schwab US Large-Cap Growth | 0.07% | 11,186 | $1.1M | Add +6.3% |
| AMAT Applied Materials Inc. | 0.07% | 4,756 | $1.1M | Reduce -2.0% |
| JNJ Johnson & Johnson | 0.07% | 7,600 | $1.1M | Add +5.1% |
| MCD McDonald's Corp. | 0.06% | 3,911 | $997K | Reduce -1.3% |
| WMT Walmart Inc. | 0.06% | 14,291 | $968K | Add +15.0% |
| VIG Vanguard Dividend Apprec ETF | 0.06% | 5,235 | $956K | Add +77.6% |
| FAST Fastenal Co. | 0.06% | 14,857 | $934K | Reduce -18.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.06% | 23,110 | $919K | Reduce -2.0% |
| MUB iShares National Muni Bond E | 0.06% | 8,279 | $882K | Add +1.9% |
| XLK SS Technology Select Sector | 0.05% | 3,884 | $879K | Add +206.1% |
| HTLF Heartland Financial USA Inc. | 0.05% | 19,484 | $866K | Reduce -13.8% |
| MDY State Street SPDR S&P Midcap | 0.05% | 1,608 | $861K | Add +59.5% |
| AXP American Express Co. | 0.05% | 3,653 | $846K | Reduce -4.6% |
| MDT Medtronic PLC | 0.05% | 10,558 | $831K | Reduce -6.9% |
| CVX Chevron Corp. | 0.05% | 5,238 | $819K | Add +11.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.05% | 8,063 | $801K | Reduce -1.7% |
| CAT Caterpillar Inc. | 0.05% | 2,345 | $781K | Reduce -17.4% |
| CLF Cleveland-Cliffs Inc. | 0.04% | 46,409 | $714K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| IJH iShares Core S&P Midcap ETF | Reduce -4.1% | 8.43% | −0.97 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.81 |
| UPS United Parcel Service Class B | Reduce -0.0% | 6.70% | −0.80 |
| EFA iShares MSCI Eafe ETF | Reduce -3.7% | 4.29% | −0.39 |
| AGG iShares Core U.S. Aggregate | Reduce -19.1% | 1.01% | −0.29 |
| BRK.A 1/100 Berkshire HTWY A Class A | Reduce -1.1% | 3.44% | −0.27 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -3.3% | 2.67% | −0.25 |
| AAXJ iShares MSCI All Country Asi | Reduce -88.2% | 0.03% | −0.24 |
| IWM iShares Russell 2000 ETF | Reduce -1.1% | 3.03% | −0.24 |
| TSLA Tesla Inc. | Reduce -70.4% | 0.09% | −0.20 |
| RBLX Roblox Corp. Class A | Reduce -0.2% | 2.94% | −0.17 |
| CLSK Cleanspark Inc. | Sold out | 0.00% | −0.17 |
| IWP iShares Russell Mid-Cap Grow | Reduce -3.4% | 1.58% | −0.16 |
| IWS iShares Russell Mid-Cap Valu | Reduce -10.5% | 0.61% | −0.12 |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | Reduce -13.5% | 0.51% | −0.11 |
| EFV iShares MSCI Eafe Value ETF | Reduce -3.1% | 0.86% | −0.08 |
| FNDA Schwab Fndmntl US SM Co. ETF | Reduce -1.0% | 0.96% | −0.08 |
| VGLT Vanguard Long-Term Treasury | Reduce -1.6% | 1.01% | −0.08 |
| ESML iShares ESG Aware MSCI USA S | Reduce -1.1% | 0.81% | −0.07 |
| GIS General Mills Inc. | Reduce -0.1% | 0.51% | −0.07 |
| TLT iShares 20+ Year Treasury BD | Reduce -77.3% | 0.01% | −0.05 |
| CSR Centerspace | Sold out | 0.00% | −0.04 |
| DES Wisdomtree US Smallcap Divid | Sold out | 0.00% | −0.03 |
| FAST Fastenal Co. | Reduce -18.2% | 0.06% | −0.03 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.02 |
| ACN Accenture PLC Class A | Reduce -0.9% | 0.10% | −0.02 |
| ARCC Ares Capital Corp. | Reduce -56.6% | 0.01% | −0.02 |
| CAT Caterpillar Inc. | Reduce -17.4% | 0.05% | −0.02 |
| IWD iShares Russell 1000 Value E | Reduce -5.2% | 0.15% | −0.02 |
| VT Vanguard Tot World STK ETF | Reduce -0.3% | 1.25% | −0.02 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.02 |
| IDV iShares International Select | Sold out | 0.00% | −0.01 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.2% | 0.18% | −0.01 |
| DIS The Walt Disney Co. | Reduce -1.7% | 0.05% | −0.01 |
| DE Deere & Co. | Sold out | 0.00% | −0.01 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.7% | 0.04% | −0.01 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.01 |
| AON Aon PLC Class A | Reduce -0.4% | 0.08% | −0.01 |
| MDT Medtronic PLC | Reduce -6.9% | 0.05% | −0.01 |
| V Visa Inc. Class A | Reduce -2.3% | 0.10% | −0.01 |
| BA The Boeing Co. | Reduce -31.6% | 0.02% | −0.01 |
| MCD McDonald's Corp. | Reduce -1.3% | 0.06% | −0.01 |
| DXCM Dexcom Inc. | Reduce -2.9% | 0.03% | −0.01 |
| NOBL Proshares S&P 500 Dividend A | Reduce -33.4% | 0.01% | −0.01 |
| FDIQ Inv BLB Fin Data PRV ETF-Usi | Reduce -18.0% | 0.03% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -0.0% | 0.09% | −0.01 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -28.5% | 0.02% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -10.1% | 0.04% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| SCHB Schwab US Broad Market ETF | Add +55.5% | 6.32% | +2.25 |
| AVDV Avantis Intl S/C Value ETF | Add +30.5% | 8.59% | +1.72 |
| VEU Vanguard Ftse All-World Ex-U | Add +15.8% | 4.80% | +0.53 |
| IVV iShares Core S&P 500 ETF | Add +6.1% | 4.44% | +0.30 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +10.4% | 3.88% | +0.20 |
| NVDA Nvidia Corp. | Add +6.2% | 0.53% | +0.15 |
| SOWG Sow Good Inc. | New | 0.11% | +0.11 |
| SUSA iShares ESG Optimized MSCI U | Add +22.5% | 0.43% | +0.08 |
| WFC Wells Fargo & Co. | Add +124.1% | 0.10% | +0.05 |
| CHRW C.H. Robinson Worldwide Inc. | Add +0.7% | 0.44% | +0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.04% | +0.04 |
| XLK SS Technology Select Sector | Add +206.1% | 0.05% | +0.04 |
| TMCI Treace Medical Concepts Inc. | New | 0.03% | +0.03 |
| MSFT Microsoft Corp. | Add +2.5% | 0.52% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +77.6% | 0.06% | +0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 0.02% | +0.02 |
| USXF iShares ESG Advance MSCI USA | Add +11.0% | 0.21% | +0.02 |
| DFUV Dimensional US Marketwide Va | New | 0.02% | +0.02 |
| MDY State Street SPDR S&P Midcap | Add +59.5% | 0.05% | +0.02 |
| DFAT Dimensional US Target Value | New | 0.02% | +0.02 |
| ADBE Adobe Inc. | New | 0.02% | +0.02 |
| DMXF iShares ESG Advanc MSCI Eafe | Add +12.1% | 0.23% | +0.02 |
| SCHF Schwab Intl Equity ETF | New | 0.02% | +0.02 |
| LRCX Lam Research Corp. | New | 0.02% | +0.02 |
| VIGI Vanguard Int Div App Indx FD | New | 0.02% | +0.02 |
| XLV SS Health Care Select Sector | New | 0.02% | +0.02 |
| CRM Salesforce Inc. | New | 0.01% | +0.01 |
| VCIT Vanguard Int-Term Corporate | New | 0.01% | +0.01 |
| PANW Palo Alto Networks Inc. | New | 0.01% | +0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.01% | +0.01 |
| DFUS Dimensional US Eq MKT ETF | New | 0.01% | +0.01 |
| EXPD Expeditors Intl Wash Inc. | New | 0.01% | +0.01 |
| CPHC Canterbury Park Holding Corp. | New | 0.01% | +0.01 |
| WMT Walmart Inc. | Add +15.0% | 0.06% | +0.01 |
| GRAB Grab Holdings Ltd. Class A | New | 0.01% | +0.01 |
| XOM Exxon Mobil Corp. | Add +15.6% | 0.11% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.2% | 0.80% | +0.01 |
| APH Amphenol Corp. Class A | Add +15.8% | 0.04% | +0.01 |
| ORCL Oracle Corp. | Add +0.5% | 0.09% | +0.01 |
| SCHG Schwab US Large-Cap Growth | Add +6.3% | 0.07% | +0.01 |
| DRRX Durect Corporation | New | 0.01% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.5% | 0.11% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +5.7% | 0.02% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +4.9% | 0.18% | +0.01 |
| DSI iShares ESG MSCI KLD 400 ETF | Add +1.7% | 0.25% | +0.00 |
| PG The Procter & Gamble Co. | Add +4.8% | 0.12% | +0.00 |
| CVX Chevron Corp. | Add +11.8% | 0.05% | +0.00 |
| KO The Coca-Cola Co. | Add +8.9% | 0.04% | +0.00 |
| QCOM Qualcomm Inc. | Add +0.7% | 0.03% | +0.00 |
| AMGN Amgen Inc. | Add +0.2% | 0.04% | +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 |