Baker Tilly Wealth Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 8, 2026), Baker Tilly Wealth Management, LLC reported 284 stock positions worth $405.8 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 8.0% of the portfolio, followed by Putnam Focused LRG Cap Value (PVAL, 5.2%) and Nvidia (NVDA, 3.1%). Compared with Q3 2025, it opened 24 new positions, sold out of 15, added to 133 and reduced 115. The biggest buy was a new position in Akre Focus ETF (AKRE) and the biggest sale Dimensional US Target Value (DFAT, shares −51%).
- Most Recent 13F
- Q2 2026
- Location
- MADISON, WI
- CIK
- 0001840565
- Portfolio Value
- $405.8M (Q4 2025)
- SEC Filing
- 0001840565-26-000001 ↗ filed Jan 8, 2026
Holdings Value
Holdings 284 stocks · $405.8M
| VOO Vanguard S&P 500 ETF | 8.02% | 51,927 | $32.6M | Add +1.8% |
| PVAL Putnam Focused LRG Cap Value | 5.17% | 460,074 | $21.0M | Add +19.9% |
| NVDA Nvidia Corp. | 3.09% | 67,272 | $12.5M | Add +2.8% |
| DFAT Dimensional US Target Value | 2.53% | 172,696 | $10.3M | Reduce -50.6% |
| MSFT Microsoft Corp. | 2.32% | 19,440 | $9.4M | Add +2.2% |
| QQQ Invesco QQQ Trust Series 1 | 2.08% | 13,722 | $8.4M | Add +2.2% |
| DFIV Dimensional International Va | 2.08% | 168,889 | $8.4M | Reduce -46.8% |
| GLDM SPDR Gold Minishares Trust | 2.05% | 97,424 | $8.3M | Add +6.5% |
| DFUV Dimensional US Marketwide Va | 1.90% | 165,380 | $7.7M | Reduce -46.8% |
| AAPL Apple Inc. | 1.89% | 28,275 | $7.7M | Add +9.0% |
| GOOGL Alphabet Inc. Class A | 1.89% | 24,442 | $7.7M | Reduce -1.4% |
| IJH iShares Core S&P Midcap ETF | 1.69% | 103,636 | $6.8M | Reduce -7.1% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 1.67% | 111,440 | $6.8M | Add +62.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.66% | 13,424 | $6.7M | Add +3.0% |
| JMUB JPMorgan Municipal ETF | 1.65% | 132,350 | $6.7M | Add +18.0% |
| AMZN Amazon.com Inc. | 1.59% | 27,973 | $6.5M | Add +4.5% |
| DFAC Dimensional US Core Equity 2 | 1.58% | 162,156 | $6.4M | Reduce -55.1% |
| AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO | 1.57% | 97,070 | $6.4M | New |
| META Meta Platforms Inc. Class A | 1.38% | 8,466 | $5.6M | Add +4.2% |
| TSLA Tesla Inc. | 1.27% | 11,453 | $5.2M | Add +2.5% |
| ITOT iShares Core S&P Total U.S. | 1.24% | 33,849 | $5.0M | Reduce -37.9% |
| GLD SPDR Gold Shares | 1.23% | 12,555 | $5.0M | Reduce -32.5% |
| DFUS Dimensional US Eq MKT ETF | 1.22% | 66,946 | $5.0M | Reduce -48.8% |
| V Visa Inc. Class A | 0.94% | 10,927 | $3.8M | Reduce -3.5% |
| PLTR Palantir Technologies Inc. Class A | 0.94% | 21,417 | $3.8M | Reduce -3.8% |
| VGIT Vanguard Intermediate-Term T | 0.91% | 61,570 | $3.7M | Reduce -46.3% |
| IWF iShares Russell 1000 Growth | 0.89% | 7,595 | $3.6M | Add +35.0% |
| GOOG Alphabet Inc. Class C | 0.83% | 10,704 | $3.4M | Add +6.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.82% | 11,532 | $3.3M | Add +26.9% |
| AVGO Broadcom Inc. | 0.78% | 9,185 | $3.2M | Add +8.7% |
| ORCL Oracle Corp. | 0.78% | 16,299 | $3.2M | Reduce -6.3% |
| JPM JPMorgan Chase & Co. | 0.73% | 9,228 | $3.0M | Reduce -4.8% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.73% | 27,616 | $2.9M | Add +24.1% |
| NFLX Netflix Inc. | 0.72% | 30,982 | $2.9M | Reduce -2.2% |
| AVDV Avantis Intl S/C Value ETF | 0.71% | 30,575 | $2.9M | Reduce -48.9% |
| BA The Boeing Co. | 0.66% | 12,392 | $2.7M | Add +2.7% |
| DFAS Dimensional US Small Cap ETF | 0.62% | 36,357 | $2.5M | Reduce -50.6% |
| IVV iShares Core S&P 500 ETF | 0.56% | 3,341 | $2.3M | Reduce -12.1% |
| XOM Exxon Mobil Corp. | 0.54% | 18,374 | $2.2M | Add +1.0% |
| AVUV Avantis US Small Cap Value | 0.52% | 20,793 | $2.1M | Reduce -45.4% |
| JNJ Johnson & Johnson | 0.52% | 10,209 | $2.1M | Add +11.0% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.47% | 9,085 | $1.9M | Reduce -52.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.45% | 15,947 | $1.8M | Add +0.1% |
| SHOP Shopify Inc. Class A | 0.45% | 11,235 | $1.8M | Reduce -11.5% |
| IDEV iShares Core MSCI Dev MKTS | 0.39% | 19,407 | $1.6M | Reduce -49.9% |
| LLY Eli Lilly & Co. | 0.39% | 1,488 | $1.6M | Reduce -0.2% |
| WMB Williams Cos Inc. | 0.39% | 26,511 | $1.6M | Add +17.2% |
| VMC Vulcan Materials Co. | 0.37% | 5,290 | $1.5M | Reduce -0.4% |
| CRM Salesforce Inc. | 0.37% | 5,628 | $1.5M | Add +27.0% |
| BSVO EA Bridgeway Omni Sm-Cp Val | 0.36% | 62,885 | $1.5M | Reduce -57.2% |
| DFGR Dim Global Real Estate ETF | 0.35% | 54,359 | $1.4M | Reduce -40.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.35% | 3,109 | $1.4M | Add +0.9% |
| MNST Monster Beverage Corp. | 0.34% | 17,974 | $1.4M | Add +0.7% |
| PG The Procter & Gamble Co. | 0.33% | 9,258 | $1.3M | Add +3.8% |
| TXN Texas Instruments Inc. | 0.33% | 7,612 | $1.3M | Add +36.4% |
| ADSK Autodesk Inc. | 0.31% | 4,281 | $1.3M | Add +0.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.31% | 2,595 | $1.3M | Add +9.1% |
| KO The Coca-Cola Co. | 0.31% | 18,074 | $1.3M | Add +5.3% |
| HD Home Depot Inc. | 0.30% | 3,573 | $1.2M | Reduce -0.4% |
| APD Air Products & Chemicals Inc. | 0.30% | 4,977 | $1.2M | Add +86.3% |
| HLT Hilton Worldwide Holdings Inc. | 0.30% | 4,207 | $1.2M | Reduce -14.1% |
| AXP American Express Co. | 0.29% | 3,158 | $1.2M | Add +15.7% |
| COF Capital One Financial Corp. | 0.28% | 4,750 | $1.2M | Add +0.5% |
| ABBV Abbvie Inc. | 0.28% | 5,029 | $1.1M | Add +4.2% |
| DFAE Dimensional Emerging Core Eq | 0.28% | 34,705 | $1.1M | Reduce -70.7% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.28% | 12,269 | $1.1M | Add +6.5% |
| UL Unilever PLC-Sponsored ADR | 0.28% | 17,094 | $1.1M | Reduce -3.8% |
| BDX Becton Dickinson and Co. | 0.27% | 5,712 | $1.1M | Reduce -2.9% |
| RTX RTX Corp. | 0.27% | 6,043 | $1.1M | Reduce -14.7% |
| QCOM Qualcomm Inc. | 0.27% | 6,401 | $1.1M | Add +1.0% |
| DFAX Dimensional World Ex US Core | 0.27% | 33,204 | $1.1M | Reduce -48.4% |
| SCHD Schwab US DVD Equity ETF | 0.27% | 39,381 | $1.1M | Reduce -0.1% |
| UNP Union Pacific Corp. | 0.26% | 4,634 | $1.1M | Add +1.4% |
| ADP Automatic Data Processing | 0.26% | 4,152 | $1.1M | Add +190.2% |
| DFSD Dimensional Short Duration | 0.26% | 21,978 | $1.1M | Reduce -58.2% |
| CVS CVS Health Corp. | 0.26% | 13,237 | $1.1M | Reduce -0.5% |
| SBUX Starbucks Corp. | 0.26% | 12,392 | $1.0M | Reduce -1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.25% | 18,689 | $1.0M | Add +2.0% |
| HELO JPMorgan Hedged Equity ETF | 0.25% | 15,455 | $1.0M | No change |
| FCX Freeport-McMoran Inc. | 0.25% | 20,127 | $1.0M | Add +4.8% |
| REGN Regeneron Pharmaceuticals | 0.25% | 1,307 | $1.0M | Add +1.8% |
| CBRE CBRE Group Inc. Class A | 0.25% | 6,262 | $1.0M | Add +39.1% |
| VTIP Vanguard Short-Term Tips | 0.24% | 20,068 | $993K | Reduce -52.9% |
| MET Metlife Inc. | 0.24% | 12,478 | $985K | Add +0.1% |
| WFC Wells Fargo & Co. | 0.23% | 10,175 | $948K | Add +2.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.23% | 11,776 | $945K | Reduce -7.0% |
| IEMG iShares Core MSCI Emerging | 0.23% | 14,016 | $942K | Reduce -39.0% |
| PSLV Sprott Physical Silver Trust | 0.23% | 39,432 | $933K | No change |
| CMCSA Comcast Corp. Class A | 0.23% | 31,041 | $928K | Reduce -3.6% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.23% | 16,209 | $921K | Add +5.7% |
| GE General Electric filed as GE AEROSPACE | 0.23% | 2,989 | $921K | Add +2.2% |
| MA Mastercard Inc. Class A | 0.23% | 1,607 | $917K | Add +0.4% |
| AMT American Tower Corp. | 0.23% | 5,225 | $917K | Add +5.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.23% | 4,787 | $914K | Reduce -16.1% |
| HEI.A Heico Corp. Class A | 0.22% | 3,587 | $906K | Reduce -9.4% |
| ENB Enbridge Inc. | 0.22% | 18,845 | $901K | Reduce -33.8% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.22% | 20,054 | $891K | Add +7.7% |
| VZ Verizon Communications Inc. | 0.22% | 21,808 | $888K | Reduce -24.5% |
| ISRG Intuitive Surgical Inc. | 0.22% | 1,546 | $876K | Add +17.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.21% | 2,515 | $843K | Add +15.1% |
Portfolio Sells Q3 2025 → Q4 2025
| DFAT Dimensional US Target Value | Reduce -50.6% | 2.53% | −2.06 |
| DFAC Dimensional US Core Equity 2 | Reduce -55.1% | 1.58% | −1.81 |
| DFUV Dimensional US Marketwide Va | Reduce -46.8% | 1.90% | −1.24 |
| DFIV Dimensional International Va | Reduce -46.8% | 2.08% | −1.23 |
| DFAE Dimensional Emerging Core Eq | Reduce -70.7% | 0.28% | −1.17 |
| DFUS Dimensional US Eq MKT ETF | Reduce -48.8% | 1.22% | −0.91 |
| VGIT Vanguard Intermediate-Term T | Reduce -46.3% | 0.91% | −0.64 |
| ITOT iShares Core S&P Total U.S. | Reduce -37.9% | 1.24% | −0.55 |
| AVDV Avantis Intl S/C Value ETF | Reduce -48.9% | 0.71% | −0.49 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -52.2% | 0.47% | −0.42 |
| BSVO EA Bridgeway Omni Sm-Cp Val | Reduce -57.2% | 0.36% | −0.39 |
| AVUV Avantis US Small Cap Value | Reduce -45.4% | 0.52% | −0.33 |
| ORCL Oracle Corp. | Reduce -6.3% | 0.78% | −0.32 |
| DFSD Dimensional Short Duration | Reduce -58.2% | 0.26% | −0.31 |
| IDEV iShares Core MSCI Dev MKTS | Reduce -49.9% | 0.39% | −0.31 |
| GLD SPDR Gold Shares | Reduce -32.5% | 1.23% | −0.27 |
| VTIP Vanguard Short-Term Tips | Reduce -52.9% | 0.24% | −0.24 |
| DFGR Dim Global Real Estate ETF | Reduce -40.2% | 0.35% | −0.21 |
| DFAX Dimensional World Ex US Core | Reduce -48.4% | 0.27% | −0.19 |
| SDY SS SPDR S&P Dividend ETF | Sold out | 0.00% | −0.15 |
| NFLX Netflix Inc. | Reduce -2.2% | 0.72% | −0.14 |
| DFSV Dimensional US Small Cap Val | Reduce -50.0% | 0.15% | −0.12 |
| IEMG iShares Core MSCI Emerging | Reduce -39.0% | 0.23% | −0.11 |
| MRK Merck & Co. Inc. | Reduce -60.7% | 0.12% | −0.11 |
| ENB Enbridge Inc. | Reduce -33.8% | 0.22% | −0.10 |
| SRE Sempra | Reduce -39.2% | 0.18% | −0.10 |
| DFAU Dimensional US Core Equity M | Reduce -42.4% | 0.16% | −0.09 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -39.3% | 0.16% | −0.08 |
| IUSV iShares Core S&P U.S. Value | Reduce -47.6% | 0.10% | −0.07 |
| VZ Verizon Communications Inc. | Reduce -24.5% | 0.22% | −0.07 |
| VNQ Vanguard Real Estate ETF | Reduce -50.0% | 0.08% | −0.07 |
| VRSK Verisk Analytics Inc. | Sold out | 0.00% | −0.06 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.06 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.06 |
| APPF Appfolio Inc. Class A | Sold out | 0.00% | −0.06 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -50.0% | 0.06% | −0.06 |
| CPNG Coupang Inc. | Sold out | 0.00% | −0.05 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −0.05 |
| DFAI Dimensional International Co. | Reduce -38.9% | 0.12% | −0.05 |
| ORLY O'reilly Automotive Inc. | Reduce -14.7% | 0.19% | −0.05 |
| T AT&T Inc. | Sold out | 0.00% | −0.05 |
| WEC WEC Energy Group Inc. | Sold out | 0.00% | −0.05 |
| FND Floor & Decor Holdings Inc. Class A | Sold out | 0.00% | −0.05 |
| TYL Tyler Technologies Inc. | Sold out | 0.00% | −0.05 |
| EIX Edison International | Sold out | 0.00% | −0.05 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.05 |
| RYAN Ryan Specialty Holdings Inc. | Sold out | 0.00% | −0.05 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.05 |
| DFEM Dimensional Emrg MRKT Core | Reduce -36.6% | 0.08% | −0.03 |
| LIN Linde PLC | Reduce -11.6% | 0.20% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| AKRE Akre Focus ETF | New | 1.57% | +1.57 |
| PVAL Putnam Focused LRG Cap Value | Add +19.9% | 5.17% | +1.47 |
| VOO Vanguard S&P 500 ETF | Add +1.8% | 8.02% | +0.97 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +62.4% | 1.67% | +0.75 |
| GLDM SPDR Gold Minishares Trust | Add +6.5% | 2.05% | +0.47 |
| AAPL Apple Inc. | Add +9.0% | 1.89% | +0.40 |
| JMUB JPMorgan Municipal ETF | Add +18.0% | 1.65% | +0.37 |
| NVDA Nvidia Corp. | Add +2.8% | 3.09% | +0.33 |
| IWF iShares Russell 1000 Growth | Add +35.0% | 0.89% | +0.29 |
| GOOG Alphabet Inc. Class C | Add +6.1% | 0.83% | +0.27 |
| AMZN Amazon.com Inc. | Add +4.5% | 1.59% | +0.26 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.2% | 2.08% | +0.26 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +26.9% | 0.82% | +0.22 |
| EVTR Eaton Vance Total Return | New | 0.21% | +0.21 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +24.1% | 0.73% | +0.20 |
| IBIT iShares Bitcoin Trust ETF | New | 0.19% | +0.19 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.0% | 1.66% | +0.18 |
| ADP Automatic Data Processing | Add +190.2% | 0.26% | +0.17 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 0.17% | +0.17 |
| AVGO Broadcom Inc. | Add +8.7% | 0.78% | +0.15 |
| TSLA Tesla Inc. | Add +2.5% | 1.27% | +0.15 |
| APD Air Products & Chemicals Inc. | Add +86.3% | 0.30% | +0.14 |
| JNJ Johnson & Johnson | Add +11.0% | 0.52% | +0.14 |
| CRM Salesforce Inc. | Add +27.0% | 0.37% | +0.13 |
| JPST JPMorgan Ultra-Short Income | Add +135.3% | 0.16% | +0.10 |
| TXN Texas Instruments Inc. | Add +36.4% | 0.33% | +0.09 |
| NEE Nextera Energy Inc. | New | 0.09% | +0.09 |
| MSFT Microsoft Corp. | Add +2.2% | 2.32% | +0.09 |
| CBRE CBRE Group Inc. Class A | Add +39.1% | 0.25% | +0.09 |
| REGN Regeneron Pharmaceuticals | Add +1.8% | 0.25% | +0.09 |
| AXP American Express Co. | Add +15.7% | 0.29% | +0.08 |
| ISRG Intuitive Surgical Inc. | Add +17.7% | 0.22% | +0.08 |
| WMT Walmart Inc. | Add +43.0% | 0.20% | +0.08 |
| FCX Freeport-McMoran Inc. | Add +4.8% | 0.25% | +0.08 |
| XOM Exxon Mobil Corp. | Add +1.0% | 0.54% | +0.08 |
| VRTX Vertex Pharmaceuticals Inc. | Add +0.9% | 0.35% | +0.07 |
| BA The Boeing Co. | Add +2.7% | 0.66% | +0.07 |
| WMB Williams Cos Inc. | Add +17.2% | 0.39% | +0.07 |
| MNST Monster Beverage Corp. | Add +0.7% | 0.34% | +0.07 |
| PCG P G & E Corp. | New | 0.06% | +0.06 |
| AMD Advanced Micro Devices | New | 0.06% | +0.06 |
| IVW iShares S&P 500 Growth ETF | Add +33.1% | 0.19% | +0.06 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.06% | +0.06 |
| QUAL iShares MSCI USA Quality Fac | New | 0.06% | +0.06 |
| DHR Danaher Corp. | New | 0.06% | +0.06 |
| TPR Tapestry Inc. | New | 0.06% | +0.06 |
| TJX TJX Companies Inc. | New | 0.06% | +0.06 |
| TMO Thermo Fisher Scientific Inc. | Add +8.3% | 0.20% | +0.06 |
| COF Capital One Financial Corp. | Add +0.5% | 0.28% | +0.06 |
| STT State Street Corp. | New | 0.05% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 284 | $466.1M | VOO, PVAL, NVDA, SPYG, DFAT |
| Q1 2026 | 280 | $411.2M | VOO, PVAL, DFAT, NVDA, GLDM |
| Q4 2025 | 284 | $405.8M | VOO, PVAL, NVDA, DFAT, MSFT |
| Q3 2025 | 275 | $442.8M | VOO, DFAT, PVAL, DFAC, DFIV |
| Q2 2025 | 234 | $280.0M | VOO, PVAL, NVDA, MSFT, QQQ |
| Q1 2025 | 237 | $255.0M | VOO, PVAL, IJH, MSFT, NVDA |
| Q4 2024 | 237 | $255.0M | VOO, IJH, NVDA, MSFT, QQQ |
| Q3 2024 | 234 | $226.0M | VOO, IJH, MSFT, NVDA, QQQ |
| Q2 2024 | 279 | $244.5M | VOO, MSFT, AAPL, IJH, NVDA |
| Q1 2024 | 414 | $553.1M | SNOW, MSFT, JPST, VOO, AMZN |