BlueStem Wealth Partners, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), BlueStem Wealth Partners, LLC reported 103 stock positions worth $733.3 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 17.2% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 12.0%) and Columbia Resear Enh Cor ETF (RECS, 7.2%). Compared with Q4 2024, it opened 12 new positions, sold out of 10, added to 38 and reduced 50. The biggest buy was a new position in Harbor Ares Systemt Hi YD-US (SIHY) and the biggest sale iShares Core S&P Midcap ETF (IJH, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- MINNETONKA, MN
- CIK
- 0001977465
- Portfolio Value
- $733.3M (Q1 2025)
- SEC Filing
- 0001765380-25-000173 ↗ filed May 7, 2025
Holdings Value
Holdings 103 stocks · $733.3M
| IVV iShares Core S&P 500 ETF | 17.22% | 224,772 | $126.3M | Reduce -8.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 12.03% | 238,000 | $88.3M | Add +14.0% |
| RECS Columbia Resear Enh Cor ETF | 7.15% | 1,579,857 | $52.5M | Add +32.0% |
| SCHF Schwab Intl Equity ETF | 5.79% | 2,145,249 | $42.4M | Reduce -21.2% |
| GOVT iShares US Treasury Bond ETF | 5.19% | 1,657,285 | $38.1M | Add +7.9% |
| VMBS Vanguard Mortgage-Backed Sec | 5.18% | 820,982 | $38.0M | Add +33.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 5.09% | 1,582,382 | $37.4M | Reduce -29.8% |
| BND Vanguard Total Bond Market | 3.92% | 390,960 | $28.7M | Reduce -26.5% |
| SPEM State Street SP PTF Em ETF | 3.42% | 636,261 | $25.0M | Reduce -35.8% |
| IJH iShares Core S&P Midcap ETF | 3.30% | 414,318 | $24.2M | Reduce -49.7% |
| SIHY Harbor Ares Systemt Hi YD-US | 2.84% | 466,081 | $20.8M | New |
| JMUB JPMorgan Municipal ETF | 2.64% | 386,515 | $19.3M | Reduce -0.5% |
| CGMS Cap Group US Multi-Sect Bond | 2.63% | 705,150 | $19.3M | New |
| ICVT iShares Convertible Bond ETF | 2.26% | 198,516 | $16.6M | Add +507.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.90% | 80,480 | $13.9M | Add +33.1% |
| FLXR TCW Flexible Income ETF | 1.69% | 316,303 | $12.4M | New |
| IGEB iShares Investment Grade SYS | 1.69% | 275,079 | $12.4M | Reduce -7.4% |
| FLMI Franklin Dynamic Municipal B | 1.40% | 419,617 | $10.3M | New |
| CALF PCR US SM CP CSH CWS ETF-Usd | 1.05% | 204,721 | $7.7M | Reduce -47.7% |
| XLF SS Financial Select Sector | 0.88% | 129,907 | $6.5M | New |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.88% | 81,561 | $6.4M | New |
| XLC SS Comm Select Sector SPDR | 0.85% | 64,973 | $6.3M | Reduce -2.0% |
| XLK SS Technology Select Sector | 0.83% | 29,657 | $6.1M | Add +8.2% |
| AOR iShares Core 60/40 Balanced | 0.58% | 73,894 | $4.3M | Reduce -3.9% |
| AAPL Apple Inc. | 0.56% | 18,377 | $4.1M | Add +2.6% |
| YLD Principal Act Hi YLD ETF | 0.54% | 209,376 | $4.0M | New |
| AVUV Avantis US Small Cap Value | 0.53% | 44,489 | $3.9M | Reduce -5.8% |
| PULS Pgim Ultra Short Bond ETF | 0.51% | 75,095 | $3.7M | Add +22.4% |
| EWI iShares MSCI Italy ETF | 0.41% | 70,687 | $3.0M | Reduce -11.1% |
| EWC iShares MSCI Canada ETF | 0.40% | 72,523 | $3.0M | Add +5.3% |
| EWG iShares MSCI Germany ETF | 0.40% | 79,052 | $2.9M | Reduce -10.8% |
| EWQ iShares MSCI France ETF | 0.39% | 71,332 | $2.8M | New |
| AMP Ameriprise Financial Inc. | 0.38% | 5,780 | $2.8M | Add +0.2% |
| SCHD Schwab US DVD Equity ETF | 0.28% | 73,068 | $2.0M | Add +7.8% |
| UNH Unitedhealth Group Inc. | 0.25% | 3,528 | $1.8M | Reduce -1.0% |
| ITOT iShares Core S&P Total U.S. | 0.23% | 13,568 | $1.7M | Add +1.9% |
| BSX Boston Scientific Corp. | 0.22% | 16,288 | $1.6M | Reduce -2.1% |
| NVDA Nvidia Corp. | 0.22% | 15,009 | $1.6M | Add +33.6% |
| ESGU iShares ESG Aware MSCI USA | 0.21% | 12,550 | $1.5M | Reduce -12.6% |
| AOK iShares Core 30/70 Conservat | 0.19% | 37,469 | $1.4M | Reduce -2.7% |
| AOM iShares Core 40/60 Moderate | 0.19% | 31,536 | $1.4M | Reduce -10.0% |
| AMZN Amazon.com Inc. | 0.19% | 7,240 | $1.4M | Add +0.3% |
| TSLA Tesla Inc. | 0.16% | 4,571 | $1.2M | Reduce -1.7% |
| AOA iShares Core 80/20 Aggressiv | 0.14% | 13,599 | $1.0M | Reduce -2.2% |
| SCHB Schwab US Broad Market ETF | 0.13% | 44,248 | $953K | Reduce -4.1% |
| NULG Nuveen ESG LRG-Cap GRW ETF | 0.12% | 11,081 | $867K | Add +8.1% |
| VIG Vanguard Dividend Apprec ETF | 0.11% | 4,327 | $839K | Reduce -10.2% |
| NULV Nuveen ESG Large-Cap Val ETF | 0.11% | 19,042 | $771K | Add +6.6% |
| GOOGL Alphabet Inc. Class A | 0.10% | 4,856 | $751K | Reduce -3.7% |
| MMM 3M Co. | 0.10% | 4,862 | $714K | Reduce -0.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 2,484 | $683K | Add +0.2% |
| QDPL Pacer Met US LRG Cap DVD 400 | 0.09% | 18,286 | $668K | Add +105.9% |
| MSFT Microsoft Corp. | 0.09% | 1,777 | $667K | Reduce -1.1% |
| AGG iShares Core U.S. Aggregate | 0.09% | 6,366 | $630K | Reduce -91.1% |
| WFC Wells Fargo & Co. | 0.08% | 8,523 | $612K | Add +0.6% |
| ESGD iShares Trust iShares ESG Aw | 0.08% | 7,456 | $609K | Reduce -5.1% |
| TGT Target Corp. | 0.07% | 4,956 | $517K | Reduce -0.4% |
| ISRG Intuitive Surgical Inc. | 0.07% | 1,010 | $500K | Reduce -0.6% |
| EAGG iShares ESG Aware US Aggrega | 0.07% | 10,264 | $487K | Add +39.4% |
| MUB iShares National Muni Bond E | 0.07% | 4,596 | $485K | Reduce -9.7% |
| OBDC Blue Owl Capital Corp. | 0.07% | 32,741 | $480K | Add +2.5% |
| VONG Vanguard Russell 1000 Growth | 0.06% | 5,013 | $465K | Reduce -31.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.06% | 907 | $425K | Reduce -1.6% |
| IJR iShares Core S&P Small-Cap E | 0.06% | 4,057 | $424K | Reduce -22.0% |
| PRU Prudential Financial Inc. | 0.05% | 3,575 | $399K | Reduce -0.6% |
| LNG Cheniere Energy Inc. | 0.05% | 1,689 | $391K | Add +0.1% |
| CAT Caterpillar Inc. | 0.05% | 1,152 | $380K | Reduce -9.7% |
| MDT Medtronic PLC | 0.05% | 4,228 | $380K | Reduce -1.1% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.05% | 7,166 | $371K | New |
| JPLD JPMorgan Ltd. Duration ETF | 0.05% | 6,982 | $363K | Reduce -95.7% |
| JPM JPMorgan Chase & Co. | 0.05% | 1,468 | $360K | Add +2.2% |
| KKR KKR & Co. Inc. | 0.05% | 3,102 | $359K | Add +5.1% |
| ESGE iShares Inc. iShares ESG Awar | 0.05% | 10,194 | $356K | Reduce -21.1% |
| LEN Lennar Corp. Class A | 0.05% | 3,047 | $350K | Add +35.4% |
| SPHY SS SPDR P High Yield ETF | 0.05% | 14,924 | $350K | Reduce -97.2% |
| GE General Electric filed as GE AEROSPACE | 0.05% | 1,732 | $347K | Add +1.0% |
| FICO Fair Isaac Corp. | 0.05% | 183 | $337K | Add +0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 592 | $331K | Add +0.3% |
| ADI Analog Devices Inc. | 0.04% | 1,478 | $298K | Reduce -6.0% |
| VEA Vanguard Ftse Developed ETF | 0.04% | 5,754 | $292K | Reduce -6.0% |
| MS Morgan Stanley | 0.04% | 2,414 | $282K | Add +2.9% |
| WDAY Workday Inc. Class A | 0.04% | 1,205 | $281K | Add +0.3% |
| SKYY First Trust Cloud Computing | 0.04% | 2,614 | $267K | Reduce -0.9% |
| GGG Graco Inc. | 0.04% | 3,104 | $259K | Add +0.1% |
| ADP Automatic Data Processing | 0.04% | 847 | $259K | Add +0.8% |
| HWKN Hawkins Inc. | 0.03% | 2,364 | $250K | Add +0.2% |
| PBDE Pgim S&P 500 Buffer 20-Dec | 0.03% | 9,395 | $244K | New |
| XEL Xcel Energy Inc. | 0.03% | 3,382 | $239K | Reduce -13.7% |
| CRM Salesforce Inc. | 0.03% | 886 | $238K | Add +0.8% |
| FHB First Hawaiian Inc. | 0.03% | 9,653 | $236K | Add +0.1% |
| GPI Group 1 Automotive Inc. | 0.03% | 617 | $236K | No change |
| IDV iShares International Select | 0.03% | 7,526 | $233K | New |
| FWONK Liberty Media Corp. Class C | 0.03% | 2,553 | $230K | No change |
| VHT Vanguard Health Care ETF | 0.03% | 847 | $224K | Reduce -8.0% |
| HD Home Depot Inc. | 0.03% | 607 | $222K | Add +1.9% |
| GIS General Mills Inc. | 0.03% | 3,586 | $214K | Reduce -0.8% |
| PAAA Pgim Aaa Clo ETF | 0.03% | 4,175 | $214K | Reduce -43.5% |
| HYDB iShares High Yield Systemati | 0.03% | 4,438 | $209K | New |
| VWOB Vanguard Emerg MKTS Gov BND | 0.03% | 3,239 | $208K | Reduce -92.5% |
| VNQ Vanguard Real Estate ETF | 0.03% | 2,291 | $207K | Reduce -6.9% |
| HON Honeywell International Inc. | 0.03% | 978 | $207K | Reduce -1.1% |
| GOOG Alphabet Inc. Class C | 0.03% | 1,311 | $205K | Add +0.5% |
| COCH Envoy Medical Inc. | 0.00% | 10,454 | $14K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| IJH iShares Core S&P Midcap ETF | Reduce -49.7% | 3.30% | −3.44 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -29.8% | 5.09% | −1.91 |
| IVV iShares Core S&P 500 ETF | Reduce -8.6% | 17.22% | −1.79 |
| SPHY SS SPDR P High Yield ETF | Reduce -97.2% | 0.05% | −1.60 |
| SPEM State Street SP PTF Em ETF | Reduce -35.8% | 3.42% | −1.58 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -47.7% | 1.05% | −1.22 |
| BND Vanguard Total Bond Market | Reduce -26.5% | 3.92% | −1.10 |
| JPLD JPMorgan Ltd. Duration ETF | Reduce -95.7% | 0.05% | −1.05 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.83 |
| SCHF Schwab Intl Equity ETF | Reduce -21.2% | 5.79% | −0.82 |
| AGG iShares Core U.S. Aggregate | Reduce -91.1% | 0.09% | −0.82 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.81 |
| MUST Columbia Multi-Sect Muni Inc. | Sold out | 0.00% | −0.58 |
| EWU iShares MSCI United Kingdom | Sold out | 0.00% | −0.37 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -92.5% | 0.03% | −0.33 |
| TSLA Tesla Inc. | Reduce -1.7% | 0.16% | −0.09 |
| AVUV Avantis US Small Cap Value | Reduce -5.8% | 0.53% | −0.07 |
| IGEB iShares Investment Grade SYS | Reduce -7.4% | 1.69% | −0.04 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.04 |
| VONG Vanguard Russell 1000 Growth | Reduce -31.7% | 0.06% | −0.04 |
| ESGU iShares ESG Aware MSCI USA | Reduce -12.6% | 0.21% | −0.03 |
| NUSC Nuveen ESG Small-Cap ETF | Sold out | 0.00% | −0.03 |
| WPC WP Carey Inc. | Sold out | 0.00% | −0.03 |
| AXP American Express Co. | Sold out | 0.00% | −0.03 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.03 |
| VGT Vanguard Info Tech ETF | Sold out | 0.00% | −0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -3.7% | 0.10% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -22.0% | 0.06% | −0.02 |
| PAAA Pgim Aaa Clo ETF | Reduce -43.5% | 0.03% | −0.02 |
| TGT Target Corp. | Reduce -0.4% | 0.07% | −0.02 |
| AOM iShares Core 40/60 Moderate | Reduce -10.0% | 0.19% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -10.2% | 0.11% | −0.01 |
| CAT Caterpillar Inc. | Reduce -9.7% | 0.05% | −0.01 |
| MSFT Microsoft Corp. | Reduce -1.1% | 0.09% | −0.01 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -21.1% | 0.05% | −0.01 |
| SCHB Schwab US Broad Market ETF | Reduce -4.1% | 0.13% | −0.01 |
| MUB iShares National Muni Bond E | Reduce -9.7% | 0.07% | −0.01 |
| SKYY First Trust Cloud Computing | Reduce -0.9% | 0.04% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.6% | 0.06% | −0.00 |
| ADI Analog Devices Inc. | Reduce -6.0% | 0.04% | −0.00 |
| XEL Xcel Energy Inc. | Reduce -13.7% | 0.03% | −0.00 |
| PRU Prudential Financial Inc. | Reduce -0.6% | 0.05% | −0.00 |
| ISRG Intuitive Surgical Inc. | Reduce -0.6% | 0.07% | −0.00 |
| HON Honeywell International Inc. | Reduce -1.1% | 0.03% | −0.00 |
| GIS General Mills Inc. | Reduce -0.8% | 0.03% | −0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -6.9% | 0.03% | −0.00 |
| VHT Vanguard Health Care ETF | Reduce -8.0% | 0.03% | −0.00 |
| VEA Vanguard Ftse Developed ETF | Reduce -6.0% | 0.04% | +0.00 |
| AOR iShares Core 60/40 Balanced | Reduce -3.9% | 0.58% | +0.00 |
| AOA iShares Core 80/20 Aggressiv | Reduce -2.2% | 0.14% | +0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| SIHY Harbor Ares Systemt Hi YD-US | New | 2.84% | +2.84 |
| CGMS Cap Group US Multi-Sect Bond | New | 2.63% | +2.63 |
| ICVT iShares Convertible Bond ETF | Add +507.3% | 2.26% | +1.90 |
| RECS Columbia Resear Enh Cor ETF | Add +32.0% | 7.15% | +1.71 |
| FLXR TCW Flexible Income ETF | New | 1.69% | +1.69 |
| VMBS Vanguard Mortgage-Backed Sec | Add +33.4% | 5.18% | +1.52 |
| FLMI Franklin Dynamic Municipal B | New | 1.40% | +1.40 |
| XLF SS Financial Select Sector | New | 0.88% | +0.88 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.88% | +0.88 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +14.0% | 12.03% | +0.78 |
| GOVT iShares US Treasury Bond ETF | Add +7.9% | 5.19% | +0.56 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +33.1% | 1.90% | +0.55 |
| YLD Principal Act Hi YLD ETF | New | 0.54% | +0.54 |
| EWQ iShares MSCI France ETF | New | 0.39% | +0.39 |
| PULS Pgim Ultra Short Bond ETF | Add +22.4% | 0.51% | +0.11 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.05% | +0.05 |
| QDPL Pacer Met US LRG Cap DVD 400 | Add +105.9% | 0.09% | +0.05 |
| EWC iShares MSCI Canada ETF | Add +5.3% | 0.40% | +0.04 |
| SCHD Schwab US DVD Equity ETF | Add +7.8% | 0.28% | +0.04 |
| PBDE Pgim S&P 500 Buffer 20-Dec | New | 0.03% | +0.03 |
| IDV iShares International Select | New | 0.03% | +0.03 |
| HYDB iShares High Yield Systemati | New | 0.03% | +0.03 |
| NVDA Nvidia Corp. | Add +33.6% | 0.22% | +0.02 |
| EAGG iShares ESG Aware US Aggrega | Add +39.4% | 0.07% | +0.02 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +6.6% | 0.11% | +0.01 |
| GE General Electric | Add +1.0% | 0.05% | +0.01 |
| LEN Lennar Corp. Class A | Add +35.4% | 0.05% | +0.01 |
| LNG Cheniere Energy Inc. | Add +0.1% | 0.05% | +0.01 |
| WFC Wells Fargo & Co. | Add +0.6% | 0.08% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +2.2% | 0.05% | +0.00 |
| ADP Automatic Data Processing | Add +0.8% | 0.04% | +0.00 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Add +8.1% | 0.12% | +0.00 |
| OBDC Blue Owl Capital Corp. | Add +2.5% | 0.07% | +0.00 |
| GGG Graco Inc. | Add +0.1% | 0.04% | +0.00 |
| ITOT iShares Core S&P Total U.S. | Add +1.9% | 0.23% | +0.00 |
| HD Home Depot Inc. | Add +1.9% | 0.03% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.3% | 0.05% | −0.00 |
| MS Morgan Stanley | Add +2.9% | 0.04% | −0.00 |
| FHB First Hawaiian Inc. | Add +0.1% | 0.03% | −0.00 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.2% | 0.09% | −0.00 |
| FICO Fair Isaac Corp. | Add +0.6% | 0.05% | −0.00 |
| XLK SS Technology Select Sector | Add +8.2% | 0.83% | −0.00 |
| WDAY Workday Inc. Class A | Add +0.3% | 0.04% | −0.00 |
| HWKN Hawkins Inc. | Add +0.2% | 0.03% | −0.00 |
| GOOG Alphabet Inc. Class C | Add +0.5% | 0.03% | −0.00 |
| CRM Salesforce Inc. | Add +0.8% | 0.03% | −0.01 |
| KKR KKR & Co. Inc. | Add +5.1% | 0.05% | −0.01 |
| AMZN Amazon.com Inc. | Add +0.3% | 0.19% | −0.02 |
| AMP Ameriprise Financial Inc. | Add +0.2% | 0.38% | −0.02 |
| AAPL Apple Inc. | Add +2.6% | 0.56% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 127 | $1.0B | SCHF, FNDX, DYNF, IJH, SCHG |
| Q1 2026 | 124 | $899.9M | SCHG, DYNF, SCHF, IJH, IVV |
| Q4 2025 | 125 | $905.7M | SCHG, SCHF, DYNF, RECS, FNDX |
| Q3 2025 | 124 | $873.5M | IVV, VUG, SCHF, FNDX, SPEM |
| Q2 2025 | 119 | $813.9M | IVV, FNDX, VUG, SCHF, SPEM |
| Q1 2025 | 103 | $733.3M | IVV, VUG, RECS, SCHF, GOVT |
| Q4 2024 | 101 | $761.7M | IVV, VUG, FNDX, IJH, SCHF |