BlueStem Wealth Partners, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), BlueStem Wealth Partners, LLC reported 119 stock positions worth $813.9 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 18.2% of the portfolio, followed by Schwab Fndmntl US LRG Co. ETF (FNDX, 10.5%) and Vanguard Mrngstar GR ETF-Sui (VUG, 9.0%). Compared with Q1 2025, it opened 24 new positions, sold out of 8, added to 49 and reduced 41. The biggest buy was Schwab Fndmntl US LRG Co. ETF (FNDX, shares +121%) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −30%).

Most Recent 13F
Q2 2026
Location
MINNETONKA, MN
CIK
0001977465
Portfolio Value
$813.9M (Q2 2025)
SEC Filing
0001765380-25-000350 ↗ filed Aug 12, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q4 2024: $761.7M Q4 2024 Q1 2025: $733.3M Q1 2025 Q2 2025: $813.9M $813.9M Q2 2025 Q3 2025: $873.5M Q3 2025 Q4 2025: $905.7M Q4 2025 Q1 2026: $899.9M Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 119 stocks · $813.9M
IVV iShares Core S&P 500 ETF 18.24% 239,132 $148.5M Add +6.4%
FNDX Schwab Fndmntl US LRG Co. ETF 10.53% 3,490,978 $85.7M Add +120.6%
VUG Vanguard Mrngstar GR ETF-Sui 9.03% 167,739 $73.5M Reduce -29.5%
SCHF Schwab Intl Equity ETF 8.98% 3,308,478 $73.1M Add +54.2%
SPEM State Street SP PTF Em ETF 5.17% 984,214 $42.1M Add +54.7%
RECS Columbia Resear Enh Cor ETF 4.80% 1,062,939 $39.1M Reduce -32.7%
IJH iShares Core S&P Midcap ETF 4.18% 547,970 $34.0M Add +32.3%
VMBS Vanguard Mortgage-Backed Sec 3.11% 546,681 $25.3M Reduce -33.4%
GOVT iShares US Treasury Bond ETF 3.11% 1,100,512 $25.3M Reduce -33.6%
CGMS Cap Group US Multi-Sect Bond 2.54% 747,841 $20.7M Add +6.0%
BND Vanguard Total Bond Market 2.23% 246,266 $18.1M Reduce -37.0%
VTV Vanguard Mrngstr Val ETF-Aui 2.16% 99,699 $17.6M Add +23.9%
SIHY Harbor Ares Systemt Hi YD-US 1.89% 333,541 $15.4M Reduce -28.4%
JMUB JPMorgan Municipal ETF 1.81% 296,594 $14.7M Reduce -23.3%
FLXR TCW Flexible Income ETF 1.63% 337,141 $13.3M Add +6.6%
ICVT iShares Convertible Bond ETF 1.36% 123,186 $11.1M Reduce -38.0%
HYDB iShares High Yield Systemati 1.34% 230,328 $10.9M Add +5089.9%
CALF PCR US SM CP CSH CWS ETF-Usd 1.34% 274,184 $10.9M Add +33.9%
IGEB iShares Investment Grade SYS 0.95% 171,004 $7.8M Reduce -37.8%
FLMI Franklin Dynamic Municipal B 0.95% 317,478 $7.7M Reduce -24.3%
XLC SS Comm Select Sector SPDR 0.90% 67,667 $7.3M Add +4.2%
XLF SS Financial Select Sector 0.87% 135,342 $7.1M Add +4.2%
XLI SS Industrial Select Sector 0.86% 47,542 $7.0M New
XLY SS Consumer Disc Select Sect 0.84% 31,515 $6.8M New
IAGG iShares Intl Aggregate Bond 0.59% 93,723 $4.8M New
AVUV Avantis US Small Cap Value 0.56% 50,034 $4.6M Add +12.5%
YLD Principal Act Hi YLD ETF 0.55% 229,537 $4.4M Add +9.6%
PULS Pgim Ultra Short Bond ETF 0.54% 88,489 $4.4M Add +17.8%
AOR iShares Core 60/40 Balanced 0.52% 68,995 $4.2M Reduce -6.6%
AAPL Apple Inc. 0.48% 19,082 $3.9M Add +3.8%
EWC iShares MSCI Canada ETF 0.38% 67,630 $3.1M Reduce -6.8%
EWI iShares MSCI Italy ETF 0.38% 64,669 $3.1M Reduce -8.5%
AMP Ameriprise Financial Inc. 0.38% 5,762 $3.1M Reduce -0.3%
EWJ iShares MSCI Japan ETF 0.38% 40,709 $3.1M New
EWQ iShares MSCI France ETF 0.37% 70,846 $3.0M Reduce -0.7%
NVDA Nvidia Corp. 0.30% 15,211 $2.4M Add +1.4%
SCHD Schwab US DVD Equity ETF 0.29% 90,242 $2.4M Add +23.5%
BSX Boston Scientific Corp. 0.24% 17,992 $1.9M Add +10.5%
ESGU iShares ESG Aware MSCI USA 0.23% 14,080 $1.9M Add +12.2%
ITOT iShares Core S&P Total U.S. 0.22% 13,226 $1.8M Reduce -2.5%
AMZN Amazon.com Inc. 0.19% 7,197 $1.6M Reduce -0.6%
TSLA Tesla Inc. 0.19% 4,781 $1.5M Add +4.6%
AOK iShares Core 30/70 Conservat 0.17% 36,393 $1.4M Reduce -2.9%
AOM iShares Core 40/60 Moderate 0.16% 28,606 $1.3M Reduce -9.3%
UNH Unitedhealth Group Inc. 0.14% 3,762 $1.2M Add +6.6%
MSFT Microsoft Corp. 0.14% 2,290 $1.1M Add +28.9%
AOA iShares Core 80/20 Aggressiv 0.14% 13,599 $1.1M No change
NULG Nuveen ESG LRG-Cap GRW ETF 0.13% 11,544 $1.1M Add +4.2%
SPYI Neos S&P 500 High Income ETF 0.13% 21,358 $1.1M New
QQQI Neos Nasdaq-100 High Inc. ETF 0.12% 19,023 $989K New
SCHB Schwab US Broad Market ETF 0.12% 40,782 $972K Reduce -7.8%
NULV Nuveen ESG Large-Cap Val ETF 0.12% 23,056 $966K Add +21.1%
GOOGL Alphabet Inc. Class A 0.11% 5,241 $924K Add +7.9%
VIG Vanguard Dividend Apprec ETF 0.10% 4,025 $824K Reduce -7.0%
VTI VG Morningstar TS MKT ETF-US 0.09% 2,484 $755K No change
WFC Wells Fargo & Co. 0.09% 8,681 $696K Add +1.9%
ESGD iShares Trust iShares ESG Aw 0.08% 7,595 $678K Add +1.9%
MMM 3M Co. 0.08% 4,187 $637K Reduce -13.9%
QDPL Pacer Met US LRG Cap DVD 400 0.08% 15,684 $619K Reduce -14.2%
MUB iShares National Muni Bond E 0.07% 5,791 $605K Add +26.0%
AGG iShares Core U.S. Aggregate 0.07% 5,848 $580K Reduce -8.1%
IDV iShares International Select 0.07% 16,175 $558K Add +114.9%
ISRG Intuitive Surgical Inc. 0.07% 1,015 $552K Add +0.5%
VONG Vanguard Russell 1000 Growth 0.07% 4,989 $545K Reduce -0.5%
QQQ Invesco QQQ Trust Series 1 0.07% 966 $533K Add +6.5%
TGT Target Corp. 0.06% 5,020 $495K Add +1.3%
OBDC Blue Owl Capital Corp. 0.06% 33,628 $482K Add +2.7%
GE General Electric filed as GE AEROSPACE 0.06% 1,808 $465K Add +4.4%
ESGE iShares Inc. iShares ESG Awar 0.06% 11,769 $461K Add +15.4%
JPM JPMorgan Chase & Co. 0.06% 1,543 $447K Add +5.1%
CAT Caterpillar Inc. 0.05% 1,142 $443K Reduce -0.9%
IJR iShares Core S&P Small-Cap E 0.05% 4,046 $442K Reduce -0.3%
COWZ Pacer US Cash Cows 100 ETF 0.05% 7,703 $424K New
DEM Wisdomtree Emerging Markets 0.05% 8,697 $394K New
LNG Cheniere Energy Inc. 0.05% 1,616 $393K Reduce -4.3%
PRU Prudential Financial Inc. 0.05% 3,596 $386K Add +0.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.05% 616 $381K Add +4.0%
KKR KKR & Co. Inc. 0.05% 2,843 $378K Reduce -8.3%
MDT Medtronic PLC 0.05% 4,239 $370K Add +0.3%
HWKN Hawkins Inc. 0.04% 2,364 $336K No change
FICO Fair Isaac Corp. 0.04% 182 $333K Reduce -0.6%
ADI Analog Devices Inc. 0.04% 1,336 $318K Reduce -9.6%
JPLD JPMorgan Ltd. Duration ETF 0.04% 5,902 $308K Reduce -15.5%
VEA Vanguard Ftse Developed ETF 0.04% 5,377 $307K Reduce -6.5%
EAGG iShares ESG Aware US Aggrega 0.04% 6,411 $305K Reduce -37.5%
SKYY First Trust Cloud Computing 0.04% 2,423 $295K Reduce -7.3%
MS Morgan Stanley 0.03% 1,991 $281K Reduce -17.5%
AVGO Broadcom Inc. 0.03% 997 $275K New
WDAY Workday Inc. Class A 0.03% 1,121 $269K Reduce -7.0%
GGG Graco Inc. 0.03% 3,109 $267K Add +0.2%
ADP Automatic Data Processing 0.03% 859 $265K Add +1.4%
SPHY SS SPDR P High Yield ETF 0.03% 10,835 $258K Reduce -27.4%
PBDE Pgim S&P 500 Buffer 20-Dec 0.03% 9,395 $258K No change
FWONK Liberty Media Corp. Class C 0.03% 2,415 $252K Reduce -5.4%
ORCL Oracle Corp. 0.03% 1,151 $252K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.03% 5,247 $248K New
HBAN Huntington Bancshares Inc. 0.03% 14,738 $247K New
CRM Salesforce Inc. 0.03% 888 $242K Add +0.2%
AXP American Express Co. 0.03% 758 $242K New
XOM Exxon Mobil Corp. 0.03% 2,204 $238K New
LEN Lennar Corp. Class A 0.03% 2,138 $236K Reduce -29.8%
GOOG Alphabet Inc. Class C 0.03% 1,332 $236K Add +1.6%
HON Honeywell International Inc. 0.03% 1,013 $236K Add +3.6%
HD Home Depot Inc. 0.03% 639 $234K Add +5.3%
META Meta Platforms Inc. Class A 0.03% 316 $233K New
GEV GE Vernova Inc. 0.03% 441 $233K New
COST Costco Wholesale Corp. 0.03% 235 $233K New
XEL Xcel Energy Inc. 0.03% 3,410 $232K Add +0.8%
WMT Walmart Inc. 0.03% 2,362 $231K New
NUSC Nuveen ESG Small-Cap ETF 0.03% 5,640 $230K New
GPI Group 1 Automotive Inc. 0.03% 518 $226K Reduce -16.1%
ABT Abbott Laboratories 0.03% 1,605 $218K New
VGT Vanguard Info Tech ETF 0.03% 324 $215K New
VHT Vanguard Health Care ETF 0.03% 849 $211K Add +0.2%
URI United Rentals Inc. 0.03% 277 $208K New
VNQ Vanguard Real Estate ETF 0.03% 2,313 $206K Add +1.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.02% 1,632 $202K New
JNJ Johnson & Johnson 0.02% 1,319 $201K New
COCH Envoy Medical Inc. 0.00% 10,454 $15K No change

Portfolio Sells Q1 2025 → Q2 2025
VUG Vanguard Mrngstar GR ETF-Sui Reduce -29.5% 9.03% −3.00
RECS Columbia Resear Enh Cor ETF Reduce -32.7% 4.80% −2.35
GOVT iShares US Treasury Bond ETF Reduce -33.6% 3.11% −2.09
VMBS Vanguard Mortgage-Backed Sec Reduce -33.4% 3.11% −2.07
BND Vanguard Total Bond Market Reduce -37.0% 2.23% −1.69
SIHY Harbor Ares Systemt Hi YD-US Reduce -28.4% 1.89% −0.95
ICVT iShares Convertible Bond ETF Reduce -38.0% 1.36% −0.90
XLU St Sr Utl SL SE SPDR ETF-Usd Sold out 0.00% −0.88
XLK SS Technology Select Sector Sold out 0.00% −0.83
JMUB JPMorgan Municipal ETF Reduce -23.3% 1.81% −0.83
IGEB iShares Investment Grade SYS Reduce -37.8% 0.95% −0.73
FLMI Franklin Dynamic Municipal B Reduce -24.3% 0.95% −0.45
EWG iShares MSCI Germany ETF Sold out 0.00% −0.40
AOR iShares Core 60/40 Balanced Reduce -6.6% 0.52% −0.06
JEPQ JPM Nasdaq Equity Premium Sold out 0.00% −0.05
FHB First Hawaiian Inc. Sold out 0.00% −0.03
GIS General Mills Inc. Sold out 0.00% −0.03
PAAA Pgim Aaa Clo ETF Sold out 0.00% −0.03
EAGG iShares ESG Aware US Aggrega Reduce -37.5% 0.04% −0.03
VWOB Vanguard Emerg MKTS Gov BND Sold out 0.00% −0.03
AOM iShares Core 40/60 Moderate Reduce -9.3% 0.16% −0.03
EWI iShares MSCI Italy ETF Reduce -8.5% 0.38% −0.03
EWC iShares MSCI Canada ETF Reduce -6.8% 0.38% −0.02
MMM 3M Co. Reduce -13.9% 0.08% −0.02
LEN Lennar Corp. Class A Reduce -29.8% 0.03% −0.02
AOK iShares Core 30/70 Conservat Reduce -2.9% 0.17% −0.02
SPHY SS SPDR P High Yield ETF Reduce -27.4% 0.03% −0.02
QDPL Pacer Met US LRG Cap DVD 400 Reduce -14.2% 0.08% −0.01
EWQ iShares MSCI France ETF Reduce -0.7% 0.37% −0.01
AGG iShares Core U.S. Aggregate Reduce -8.1% 0.07% −0.01
VIG Vanguard Dividend Apprec ETF Reduce -7.0% 0.10% −0.01
JPLD JPMorgan Ltd. Duration ETF Reduce -15.5% 0.04% −0.01
SCHB Schwab US Broad Market ETF Reduce -7.8% 0.12% −0.01
ITOT iShares Core S&P Total U.S. Reduce -2.5% 0.22% −0.01
WDAY Workday Inc. Class A Reduce -7.0% 0.03% −0.01
FICO Fair Isaac Corp. Reduce -0.6% 0.04% −0.01
LNG Cheniere Energy Inc. Reduce -4.3% 0.05% −0.01
GPI Group 1 Automotive Inc. Reduce -16.1% 0.03% −0.00
MS Morgan Stanley Reduce -17.5% 0.03% −0.00
AMP Ameriprise Financial Inc. Reduce -0.3% 0.38% −0.00
IJR iShares Core S&P Small-Cap E Reduce -0.3% 0.05% −0.00
KKR KKR & Co. Inc. Reduce -8.3% 0.05% −0.00
VEA Vanguard Ftse Developed ETF Reduce -6.5% 0.04% −0.00
ADI Analog Devices Inc. Reduce -9.6% 0.04% −0.00
FWONK Liberty Media Corp. Class C Reduce -5.4% 0.03% −0.00
SKYY First Trust Cloud Computing Reduce -7.3% 0.04% −0.00
CAT Caterpillar Inc. Reduce -0.9% 0.05% +0.00
VONG Vanguard Russell 1000 Growth Reduce -0.5% 0.07% +0.00
AMZN Amazon.com Inc. Reduce -0.6% 0.19% +0.01

Portfolio Buys Q1 2025 → Q2 2025
FNDX Schwab Fndmntl US LRG Co. ETF Add +120.6% 10.53% +5.43
SCHF Schwab Intl Equity ETF Add +54.2% 8.98% +3.20
SPEM State Street SP PTF Em ETF Add +54.7% 5.17% +1.75
HYDB iShares High Yield Systemati Add +5089.9% 1.34% +1.31
IVV iShares Core S&P 500 ETF Add +6.4% 18.24% +1.02
IJH iShares Core S&P Midcap ETF Add +32.3% 4.18% +0.88
XLI SS Industrial Select Sector New 0.86% +0.86
XLY SS Consumer Disc Select Sect New 0.84% +0.84
IAGG iShares Intl Aggregate Bond New 0.59% +0.59
EWJ iShares MSCI Japan ETF New 0.38% +0.38
CALF PCR US SM CP CSH CWS ETF-Usd Add +33.9% 1.34% +0.29
VTV Vanguard Mrngstr Val ETF-Aui Add +23.9% 2.16% +0.27
SPYI Neos S&P 500 High Income ETF New 0.13% +0.13
QQQI Neos Nasdaq-100 High Inc. ETF New 0.12% +0.12
NVDA Nvidia Corp. Add +1.4% 0.30% +0.07
COWZ Pacer US Cash Cows 100 ETF New 0.05% +0.05
MSFT Microsoft Corp. Add +28.9% 0.14% +0.05
DEM Wisdomtree Emerging Markets New 0.05% +0.05
XLC SS Comm Select Sector SPDR Add +4.2% 0.90% +0.05
IDV iShares International Select Add +114.9% 0.07% +0.04
AVGO Broadcom Inc. New 0.03% +0.03
PULS Pgim Ultra Short Bond ETF Add +17.8% 0.54% +0.03
AVUV Avantis US Small Cap Value Add +12.5% 0.56% +0.03
ORCL Oracle Corp. New 0.03% +0.03
BAC Bank of America Corp. New 0.03% +0.03
HBAN Huntington Bancshares Inc. New 0.03% +0.03
AXP American Express Co. New 0.03% +0.03
XOM Exxon Mobil Corp. New 0.03% +0.03
META Meta Platforms Inc. Class A New 0.03% +0.03
COST Costco Wholesale Corp. New 0.03% +0.03
GEV GE Vernova Inc. New 0.03% +0.03
WMT Walmart Inc. New 0.03% +0.03
NUSC Nuveen ESG Small-Cap ETF New 0.03% +0.03
ABT Abbott Laboratories New 0.03% +0.03
VGT Vanguard Info Tech ETF New 0.03% +0.03
URI United Rentals Inc. New 0.03% +0.03
ESGU iShares ESG Aware MSCI USA Add +12.2% 0.23% +0.03
TSLA Tesla Inc. Add +4.6% 0.19% +0.03
JNJ Johnson & Johnson New 0.02% +0.02
TJX TJX Companies Inc. New 0.02% +0.02
SCHD Schwab US DVD Equity ETF Add +23.5% 0.29% +0.02
NULG Nuveen ESG LRG-Cap GRW ETF Add +4.2% 0.13% +0.01
NULV Nuveen ESG Large-Cap Val ETF Add +21.1% 0.12% +0.01
BSX Boston Scientific Corp. Add +10.5% 0.24% +0.01
GOOGL Alphabet Inc. Class A Add +7.9% 0.11% +0.01
GE General Electric Add +4.4% 0.06% +0.01
MUB iShares National Muni Bond E Add +26.0% 0.07% +0.01
ESGE iShares Inc. iShares ESG Awar Add +15.4% 0.06% +0.01
QQQ Invesco QQQ Trust Series 1 Add +6.5% 0.07% +0.01
JPM JPMorgan Chase & Co. Add +5.1% 0.06% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 127$1.0BSCHF, FNDX, DYNF, IJH, SCHG
Q1 2026 124$899.9MSCHG, DYNF, SCHF, IJH, IVV
Q4 2025 125$905.7MSCHG, SCHF, DYNF, RECS, FNDX
Q3 2025 124$873.5MIVV, VUG, SCHF, FNDX, SPEM
Q2 2025 119$813.9MIVV, FNDX, VUG, SCHF, SPEM
Q1 2025 103$733.3MIVV, VUG, RECS, SCHF, GOVT
Q4 2024 101$761.7MIVV, VUG, FNDX, IJH, SCHF