Accredited Investors Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 30, 2026), Accredited Investors Inc. reported 281 stock positions worth $1.9 billion. Its top holding was Avantis Intl S/C Value ETF (AVDV) at 14.2% of the portfolio, followed by Schwab US Broad Market ETF (SCHB, 6.2%) and Vanguard Mrngstr Val ETF-Aui (VTV, 5.8%). Compared with Q4 2025, it opened 28 new positions, sold out of 30, added to 87 and reduced 119. The biggest buy was Avantis Intl S/C Value ETF (AVDV, shares +1%) and the biggest sale Vanguard Ftse Europe ETF (VGK, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- EDINA, MN
- CIK
- 0001518364
- Portfolio Value
- $1.9B (Q1 2026)
- SEC Filing
- 0001518364-26-000003 ↗ filed Apr 30, 2026
Holdings Value
Holdings 281 stocks · $1.9B
| AVDV Avantis Intl S/C Value ETF | 14.17% | 2,633,904 | $263.0M | Add +0.9% |
| SCHB Schwab US Broad Market ETF | 6.23% | 4,607,337 | $115.6M | Reduce -2.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 5.79% | 547,477 | $107.4M | Add +9.5% |
| IJH iShares Core S&P Midcap ETF | 5.15% | 1,413,879 | $95.5M | Add +0.1% |
| IWM iShares Russell 2000 ETF | 4.74% | 355,004 | $88.0M | Add +7.5% |
| IVV iShares Core S&P 500 ETF | 4.74% | 134,713 | $88.0M | Add +1.9% |
| IJR iShares Core S&P Small-Cap E | 4.45% | 664,311 | $82.6M | Add +4.4% |
| UPS United Parcel Service Class B | 4.15% | 783,700 | $77.1M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 3.60% | 93 | $66.8M | Add +8.1% |
| SEZL Sezzle Inc. | 3.02% | 886,642 | $56.1M | Reduce -2.9% |
| EFA iShares MSCI Eafe ETF | 2.99% | 572,146 | $55.6M | Reduce -5.7% |
| AAPL Apple Inc. | 2.93% | 214,235 | $54.4M | Reduce -4.4% |
| AMZN Amazon.com Inc. | 2.50% | 222,751 | $46.4M | Reduce -2.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.20% | 723,052 | $40.9M | Reduce -1.4% |
| IWF iShares Russell 1000 Growth | 2.12% | 92,370 | $39.4M | Reduce -1.0% |
| VT Vanguard Tot World STK ETF | 1.68% | 225,310 | $31.2M | Add +14.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.49% | 57,578 | $27.6M | Add +15.7% |
| IWP iShares Russell Mid-Cap Grow | 1.22% | 176,108 | $22.6M | Reduce -5.8% |
| CHRW C.H. Robinson Worldwide Inc. | 1.19% | 132,568 | $22.0M | Add +24.5% |
| VEA Vanguard Ftse Developed ETF | 1.17% | 339,208 | $21.7M | Reduce -2.5% |
| RBLX Roblox Corp. Class A | 1.15% | 376,574 | $21.3M | No change |
| EFV iShares MSCI Eafe Value ETF | 0.94% | 234,801 | $17.5M | Reduce -1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.83% | 23,577 | $15.3M | Reduce -7.2% |
| MSFT Microsoft Corp. | 0.82% | 41,240 | $15.3M | Reduce -0.6% |
| ESML iShares ESG Aware MSCI USA S | 0.76% | 299,191 | $14.1M | Reduce -0.6% |
| EAGG iShares ESG Aware US Aggrega | 0.74% | 287,506 | $13.7M | Add +15.1% |
| VGK Vanguard Ftse Europe ETF | 0.69% | 154,210 | $12.7M | Reduce -64.8% |
| NVDA Nvidia Corp. | 0.65% | 68,989 | $12.0M | Reduce -0.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.65% | 159,436 | $12.0M | Add +6.6% |
| GOOG Alphabet Inc. Class C | 0.57% | 36,822 | $10.6M | Reduce -4.6% |
| ADP Automatic Data Processing | 0.57% | 51,842 | $10.5M | Reduce -0.8% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.50% | 283,533 | $9.2M | Reduce -4.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.45% | 29,308 | $8.4M | Add +0.3% |
| ONB Old National Bancorp | 0.44% | 366,545 | $8.1M | No change |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.42% | 168,807 | $7.7M | Reduce -0.7% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.39% | 19,535 | $7.2M | Reduce -2.4% |
| SUSA iShares ESG Optimized MSCI U | 0.38% | 52,961 | $7.0M | Add +4.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.37% | 26,080 | $6.8M | Add +3.1% |
| IWS iShares Russell Mid-Cap Valu | 0.37% | 46,804 | $6.8M | Reduce -5.8% |
| DMXF iShares ESG Advanc MSCI Eafe | 0.34% | 84,629 | $6.4M | Add +1.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.34% | 19,870 | $6.4M | Add +0.3% |
| ESGD iShares Trust iShares ESG Aw | 0.33% | 63,457 | $6.1M | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 0.33% | 20,550 | $6.0M | Reduce -2.1% |
| GOOGL Alphabet Inc. Class A | 0.28% | 18,191 | $5.2M | Reduce -5.2% |
| VOO Vanguard S&P 500 ETF | 0.24% | 7,321 | $4.4M | Add +10.1% |
| OEF iShares S&P 100 ETF | 0.22% | 12,953 | $4.1M | Add +1371.9% |
| GIS General Mills Inc. | 0.22% | 109,461 | $4.1M | Reduce -5.0% |
| MMM 3M Co. | 0.22% | 27,784 | $4.0M | Reduce -2.6% |
| META Meta Platforms Inc. Class A | 0.21% | 6,922 | $4.0M | Add +17.0% |
| SUSB iShares ESG Aware 1-5 Year U | 0.21% | 156,933 | $3.9M | Reduce -20.3% |
| LLY Eli Lilly & Co. | 0.21% | 4,250 | $3.9M | Add +6.6% |
| USXF iShares ESG Advance MSCI USA | 0.21% | 70,646 | $3.9M | Reduce -2.0% |
| VXUS Vanguard Total Intl Stock | 0.18% | 43,728 | $3.4M | Add +3.0% |
| AGG iShares Core U.S. Aggregate | 0.18% | 33,966 | $3.4M | Add +11.0% |
| IWD iShares Russell 1000 Value E | 0.18% | 15,464 | $3.3M | Add +6.7% |
| CELC Celcuity Inc. | 0.17% | 26,972 | $3.1M | Reduce -0.5% |
| USB US Bancorp | 0.16% | 58,771 | $3.1M | Reduce -2.2% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.16% | 24,716 | $3.0M | Add +1.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.16% | 5,183 | $3.0M | Add +16.0% |
| XOM Exxon Mobil Corp. | 0.16% | 17,618 | $3.0M | Reduce -3.5% |
| LH Labcorp Holdings Inc. | 0.15% | 10,650 | $2.8M | New |
| COST Costco Wholesale Corp. | 0.15% | 2,838 | $2.8M | Add +7.8% |
| IWB iShares Russell 1000 ETF | 0.15% | 7,838 | $2.8M | Reduce -25.4% |
| UNH Unitedhealth Group Inc. | 0.14% | 9,668 | $2.6M | Reduce -7.9% |
| TCMD Tactile Systems Technology I | 0.13% | 94,880 | $2.5M | Reduce -17.7% |
| TRV The Travelers Cos Inc. | 0.13% | 8,300 | $2.4M | No change |
| TSLA Tesla Inc. | 0.12% | 6,026 | $2.2M | Reduce -3.1% |
| ITOT iShares Core S&P Total U.S. | 0.12% | 15,553 | $2.2M | Add +1.0% |
| GGG Graco Inc. | 0.11% | 23,739 | $2.0M | Reduce -0.8% |
| V Visa Inc. Class A | 0.11% | 6,550 | $2.0M | Reduce -3.2% |
| XEL Xcel Energy Inc. | 0.10% | 22,772 | $1.8M | Add +1.6% |
| GWX State Street SPDR S&P Intern | 0.10% | 42,470 | $1.8M | Reduce -0.4% |
| ABBV Abbvie Inc. | 0.10% | 8,211 | $1.8M | Reduce -12.7% |
| EUSB Ishr ESG Advn Universal BD-$ | 0.10% | 41,015 | $1.8M | Add +0.7% |
| ORCL Oracle Corp. | 0.09% | 11,950 | $1.8M | Reduce -1.0% |
| JNJ Johnson & Johnson | 0.09% | 7,163 | $1.8M | Reduce -17.2% |
| WMT Walmart Inc. | 0.09% | 14,009 | $1.7M | Reduce -9.4% |
| HD Home Depot Inc. | 0.09% | 5,192 | $1.7M | Reduce -4.9% |
| PWR Quanta Services Inc. | 0.09% | 3,093 | $1.7M | No change |
| AVGO Broadcom Inc. | 0.09% | 5,125 | $1.6M | Reduce -3.9% |
| SCHG Schwab US Large-Cap Growth | 0.08% | 53,928 | $1.6M | Add +18.3% |
| GE General Electric filed as GE AEROSPACE | 0.08% | 5,386 | $1.5M | Add +25.9% |
| MDY State Street SPDR S&P Midcap | 0.08% | 2,468 | $1.5M | Add +1.0% |
| PG The Procter & Gamble Co. | 0.08% | 10,440 | $1.5M | Reduce -0.7% |
| ABT Abbott Laboratories | 0.08% | 14,407 | $1.5M | Reduce -0.9% |
| AXP American Express Co. | 0.08% | 4,839 | $1.5M | Reduce -2.6% |
| FAST Fastenal Co. | 0.08% | 30,443 | $1.4M | Reduce -6.3% |
| AVDE Avantis International Equity | 0.07% | 16,083 | $1.4M | Add +309.4% |
| IVW iShares S&P 500 Growth ETF | 0.07% | 11,697 | $1.3M | Add +152.2% |
| MRK Merck & Co. Inc. | 0.07% | 10,941 | $1.3M | Reduce -7.3% |
| AON Aon PLC Class A | 0.07% | 4,067 | $1.3M | Reduce -2.8% |
| QUAL iShares MSCI USA Quality Fac | 0.07% | 6,657 | $1.3M | Add +541.3% |
| CAT Caterpillar Inc. | 0.07% | 1,785 | $1.3M | Reduce -0.2% |
| PEP Pepsico Inc. | 0.07% | 8,096 | $1.3M | Reduce -11.7% |
| MCD McDonald's Corp. | 0.07% | 4,015 | $1.2M | No change |
| GEV GE Vernova Inc. | 0.07% | 1,421 | $1.2M | Add +13.5% |
| IYW iShares Ustechnology ETF | 0.07% | 6,814 | $1.2M | Add +181.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.07% | 25,229 | $1.2M | Reduce -6.7% |
| APH Amphenol Corp. Class A | 0.07% | 9,601 | $1.2M | Reduce -14.4% |
| DVY iShares Select Dividend ETF | 0.06% | 7,719 | $1.2M | Reduce -5.2% |
Portfolio Sells Q4 2025 → Q1 2026
| VGK Vanguard Ftse Europe ETF | Reduce -64.8% | 0.69% | −1.26 |
| SCHB Schwab US Broad Market ETF | Reduce -2.4% | 6.23% | −0.34 |
| AMZN Amazon.com Inc. | Reduce -2.9% | 2.50% | −0.31 |
| AAPL Apple Inc. | Reduce -4.4% | 2.93% | −0.31 |
| MSFT Microsoft Corp. | Reduce -0.6% | 0.82% | −0.24 |
| IWF iShares Russell 1000 Growth | Reduce -1.0% | 2.12% | −0.22 |
| ADP Automatic Data Processing | Reduce -0.8% | 0.57% | −0.15 |
| IWP iShares Russell Mid-Cap Grow | Reduce -5.8% | 1.22% | −0.14 |
| EFA iShares MSCI Eafe ETF | Reduce -5.7% | 2.99% | −0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -7.2% | 0.83% | −0.09 |
| GOOG Alphabet Inc. Class C | Reduce -4.6% | 0.57% | −0.07 |
| GIS General Mills Inc. | Reduce -5.0% | 0.22% | −0.07 |
| IWB iShares Russell 1000 ETF | Reduce -25.4% | 0.15% | −0.06 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.06 |
| SEZL Sezzle Inc. | Reduce -2.9% | 3.02% | −0.05 |
| SUSB iShares ESG Aware 1-5 Year U | Reduce -20.3% | 0.21% | −0.05 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -2.4% | 0.39% | −0.05 |
| FICO Fair Isaac Corp. | Reduce -70.1% | 0.01% | −0.05 |
| TCMD Tactile Systems Technology I | Reduce -17.7% | 0.13% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -7.9% | 0.14% | −0.04 |
| HLI Houlihan Lokey Inc. | Reduce -65.7% | 0.02% | −0.04 |
| H Hyatt Hotels Corp. Class A | Reduce -60.4% | 0.02% | −0.04 |
| ATO Atmos Energy Corp. | Sold out | 0.00% | −0.04 |
| GOOGL Alphabet Inc. Class A | Reduce -5.2% | 0.28% | −0.04 |
| NVDA Nvidia Corp. | Reduce -0.0% | 0.65% | −0.04 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -2.1% | 0.33% | −0.03 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.03 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.03 |
| WFC Wells Fargo & Co. | Reduce -26.8% | 0.05% | −0.03 |
| ORCL Oracle Corp. | Reduce -1.0% | 0.09% | −0.03 |
| CPB The Campbell's Company | Sold out | 0.00% | −0.03 |
| CL Colgate-Palmolive Co. | Reduce -61.1% | 0.02% | −0.03 |
| TSLA Tesla Inc. | Reduce -3.1% | 0.12% | −0.03 |
| MMM 3M Co. | Reduce -2.6% | 0.22% | −0.03 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.02 |
| ACN Accenture PLC Class A | Reduce -6.9% | 0.05% | −0.02 |
| SNDR Schneider National Inc. Class B | Sold out | 0.00% | −0.02 |
| COF Capital One Financial Corp. | Reduce -15.2% | 0.04% | −0.02 |
| V Visa Inc. Class A | Reduce -3.2% | 0.11% | −0.02 |
| AXP American Express Co. | Reduce -2.6% | 0.08% | −0.02 |
| ABBV Abbvie Inc. | Reduce -12.7% | 0.10% | −0.02 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.02 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Reduce -26.0% | 0.03% | −0.02 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.9% | 0.08% | −0.02 |
| SHV iShares 0-1 Year Treasury Bo | Sold out | 0.00% | −0.02 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.02 |
| DHR Danaher Corp. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| AVDV Avantis Intl S/C Value ETF | Add +0.9% | 14.17% | +1.15 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +9.5% | 5.79% | +0.72 |
| IWM iShares Russell 2000 ETF | Add +7.5% | 4.74% | +0.43 |
| IJR iShares Core S&P Small-Cap E | Add +4.4% | 4.45% | +0.39 |
| CHRW C.H. Robinson Worldwide Inc. | Add +24.5% | 1.19% | +0.28 |
| OEF iShares S&P 100 ETF | Add +1371.9% | 0.22% | +0.21 |
| VT Vanguard Tot World STK ETF | Add +14.3% | 1.68% | +0.20 |
| IJH iShares Core S&P Midcap ETF | Add +0.1% | 5.15% | +0.20 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +15.7% | 1.49% | +0.16 |
| LH Labcorp Holdings Inc. | New | 0.15% | +0.15 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +8.1% | 3.60% | +0.15 |
| EAGG iShares ESG Aware US Aggrega | Add +15.1% | 0.74% | +0.10 |
| VEU Vanguard Ftse All-World Ex-U | Add +6.6% | 0.65% | +0.06 |
| QUAL iShares MSCI USA Quality Fac | Add +541.3% | 0.07% | +0.06 |
| AVDE Avantis International Equity | Add +309.4% | 0.07% | +0.06 |
| VLUE iShares MSCI USA Value Facto | New | 0.05% | +0.05 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.05% | +0.05 |
| IVW iShares S&P 500 Growth ETF | Add +152.2% | 0.07% | +0.04 |
| IYW iShares Ustechnology ETF | Add +181.1% | 0.07% | +0.04 |
| COST Costco Wholesale Corp. | Add +7.8% | 0.15% | +0.03 |
| AVLV Avantis US Large Cap Value | Add +215.5% | 0.04% | +0.03 |
| AVUS Avantis U.S. Equity ETF | New | 0.03% | +0.03 |
| AVUV Avantis US Small Cap Value | New | 0.02% | +0.02 |
| GEV GE Vernova Inc. | Add +13.5% | 0.07% | +0.02 |
| PDI PIMCO Dynamic Income Fund | Add +115.2% | 0.04% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +3.1% | 0.37% | +0.02 |
| AGG iShares Core U.S. Aggregate | Add +11.0% | 0.18% | +0.02 |
| IYG iShares U.S. Financial Servi | New | 0.02% | +0.02 |
| SLV iShares Silver Trust | New | 0.02% | +0.02 |
| WMS Advanced Drainage Systems Inc. | New | 0.02% | +0.02 |
| MRVL Marvell Technology Inc. | New | 0.02% | +0.02 |
| IWD iShares Russell 1000 Value E | Add +6.7% | 0.18% | +0.02 |
| GLW Corning Inc. | Add +54.3% | 0.03% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +16.0% | 0.16% | +0.02 |
| AVEM Avantis Emerging Markets Eq | New | 0.02% | +0.02 |
| XLE SS Energy Select Sector | New | 0.01% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +10.1% | 0.24% | +0.01 |
| COP Conocophillips | New | 0.01% | +0.01 |
| PFG Principal Financial Group | New | 0.01% | +0.01 |
| IDV iShares International Select | New | 0.01% | +0.01 |
| MU Micron Technology Inc. | Add +68.6% | 0.03% | +0.01 |
| EWY iShares MSCI South Korea ETF | New | 0.01% | +0.01 |
| BKSE BNY Mellon US Small Cap Core | New | 0.01% | +0.01 |
| CCJ Cameco Corp. | New | 0.01% | +0.01 |
| GE General Electric | Add +25.9% | 0.08% | +0.01 |
| VRT Vertiv Holdings Co. Class A | New | 0.01% | +0.01 |
| VXUS Vanguard Total Intl Stock | Add +3.0% | 0.18% | +0.01 |
| FIX Comfort Systems USA Inc. | New | 0.01% | +0.01 |
| DES Wisdomtree US Smallcap Divid | New | 0.01% | +0.01 |
| IXUS iShares Core Intl Stock ETF | New | 0.01% | +0.01 |
Notes & Other Activity Q4 2025 → Q1 2026
| PSEWF Paysafe Ltd. -CW26 | *W EXP 03/30/202 | Sold out | 60,000 | $12before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |