BlueStem Wealth Partners, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), BlueStem Wealth Partners, LLC reported 124 stock positions worth $873.5 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 18.1% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 13.8%) and Schwab Intl Equity ETF (SCHF, 8.7%). Compared with Q2 2025, it opened 11 new positions, sold out of 6, added to 64 and reduced 46. The biggest buy was Vanguard Mrngstar GR ETF-Sui (VUG, shares +50%) and the biggest sale Schwab Fndmntl US LRG Co. ETF (FNDX, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- MINNETONKA, MN
- CIK
- 0001977465
- Portfolio Value
- $873.5M (Q3 2025)
- SEC Filing
- 0001765380-25-000476 ↗ filed Nov 12, 2025
Holdings Value
Holdings 124 stocks · $873.5M
| IVV iShares Core S&P 500 ETF | 18.08% | 235,916 | $157.9M | Reduce -1.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 13.78% | 250,968 | $120.4M | Add +49.6% |
| SCHF Schwab Intl Equity ETF | 8.69% | 3,261,672 | $75.9M | Reduce -1.4% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 5.71% | 1,897,388 | $49.9M | Reduce -45.6% |
| SPEM State Street SP PTF Em ETF | 5.63% | 1,049,706 | $49.1M | Add +6.7% |
| IJH iShares Core S&P Midcap ETF | 3.73% | 499,646 | $32.6M | Reduce -8.8% |
| RECS Columbia Resear Enh Cor ETF | 3.31% | 715,442 | $28.9M | Reduce -32.7% |
| VMBS Vanguard Mortgage-Backed Sec | 3.21% | 597,332 | $28.1M | Add +9.3% |
| GOVT iShares US Treasury Bond ETF | 3.19% | 1,206,567 | $27.9M | Add +9.6% |
| CGMS Cap Group US Multi-Sect Bond | 2.66% | 837,432 | $23.2M | Add +12.0% |
| BND Vanguard Total Bond Market | 2.22% | 261,254 | $19.4M | Add +6.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.08% | 97,487 | $18.2M | Reduce -2.2% |
| SIHY Harbor Ares Systemt Hi YD-US | 1.92% | 361,190 | $16.7M | Add +8.3% |
| FLXR TCW Flexible Income ETF | 1.80% | 394,823 | $15.7M | Add +17.1% |
| ICVT iShares Convertible Bond ETF | 1.57% | 137,357 | $13.7M | Add +11.5% |
| JMUB JPMorgan Municipal ETF | 1.52% | 262,211 | $13.2M | Reduce -11.6% |
| HYDB iShares High Yield Systemati | 1.44% | 262,857 | $12.6M | Add +14.1% |
| FLCC Fed Hermes Large Cap Core | 1.44% | 391,355 | $12.5M | New |
| CALF PCR US SM CP CSH CWS ETF-Usd | 1.20% | 238,790 | $10.5M | Reduce -12.9% |
| IGEB iShares Investment Grade SYS | 1.07% | 202,155 | $9.3M | Add +18.2% |
| XLK SS Technology Select Sector | 0.90% | 27,767 | $7.8M | New |
| XLC SS Comm Select Sector SPDR | 0.88% | 65,169 | $7.7M | Reduce -3.7% |
| XLY SS Consumer Disc Select Sect | 0.86% | 31,393 | $7.5M | Reduce -0.4% |
| XLF SS Financial Select Sector | 0.85% | 137,553 | $7.4M | Add +1.6% |
| FLMI Franklin Dynamic Municipal B | 0.69% | 244,137 | $6.0M | Reduce -23.1% |
| PULS Pgim Ultra Short Bond ETF | 0.60% | 105,778 | $5.3M | Add +19.5% |
| YLD Principal Act Hi YLD ETF | 0.60% | 267,765 | $5.2M | Add +16.6% |
| AVUV Avantis US Small Cap Value | 0.58% | 50,769 | $5.1M | Add +1.5% |
| AAPL Apple Inc. | 0.57% | 19,577 | $5.0M | Add +2.6% |
| IAGG iShares Intl Aggregate Bond | 0.56% | 95,009 | $4.9M | Add +1.4% |
| AOR iShares Core 60/40 Balanced | 0.51% | 69,392 | $4.5M | Add +0.6% |
| EWQ iShares MSCI France ETF | 0.39% | 76,602 | $3.4M | Add +8.1% |
| EWI iShares MSCI Italy ETF | 0.39% | 64,753 | $3.4M | Add +0.1% |
| EWJ iShares MSCI Japan ETF | 0.38% | 41,740 | $3.3M | Add +2.5% |
| EWG iShares MSCI Germany ETF | 0.38% | 79,545 | $3.3M | New |
| AMP Ameriprise Financial Inc. | 0.32% | 5,645 | $2.8M | Reduce -2.0% |
| NVDA Nvidia Corp. | 0.31% | 14,674 | $2.7M | Reduce -3.5% |
| SCHD Schwab US DVD Equity ETF | 0.31% | 99,978 | $2.7M | Add +10.8% |
| TSLA Tesla Inc. | 0.25% | 4,954 | $2.2M | Add +3.6% |
| ITOT iShares Core S&P Total U.S. | 0.22% | 13,357 | $1.9M | Add +1.0% |
| ESGU iShares ESG Aware MSCI USA | 0.22% | 13,276 | $1.9M | Reduce -5.7% |
| BSX Boston Scientific Corp. | 0.20% | 17,780 | $1.7M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 0.18% | 7,123 | $1.6M | Reduce -1.0% |
| MSFT Microsoft Corp. | 0.17% | 2,947 | $1.5M | Add +28.7% |
| SPYI Neos S&P 500 High Income ETF | 0.17% | 28,133 | $1.5M | Add +31.7% |
| QQQI Neos Nasdaq-100 High Inc. ETF | 0.17% | 26,805 | $1.5M | Add +40.9% |
| UNH Unitedhealth Group Inc. | 0.16% | 4,051 | $1.4M | Add +7.7% |
| AOK iShares Core 30/70 Conservat | 0.16% | 33,863 | $1.4M | Reduce -7.0% |
| GOOGL Alphabet Inc. Class A | 0.15% | 5,429 | $1.3M | Add +3.6% |
| AOM iShares Core 40/60 Moderate | 0.15% | 27,295 | $1.3M | Reduce -4.6% |
| AOA iShares Core 80/20 Aggressiv | 0.12% | 12,223 | $1.1M | Reduce -10.1% |
| NULG Nuveen ESG LRG-Cap GRW ETF | 0.12% | 10,314 | $1.0M | Reduce -10.7% |
| SCHB Schwab US Broad Market ETF | 0.12% | 39,847 | $1.0M | Reduce -2.3% |
| QDPL Pacer Met US LRG Cap DVD 400 | 0.12% | 24,312 | $1.0M | Add +55.0% |
| NULV Nuveen ESG Large-Cap Val ETF | 0.10% | 20,821 | $913K | Reduce -9.7% |
| VIG Vanguard Dividend Apprec ETF | 0.10% | 4,040 | $872K | Add +0.4% |
| IDV iShares International Select | 0.09% | 22,674 | $829K | Add +40.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 2,487 | $816K | Add +0.1% |
| AGG iShares Core U.S. Aggregate | 0.08% | 6,622 | $664K | Add +13.2% |
| MMM 3M Co. | 0.08% | 4,264 | $662K | Add +1.8% |
| FAST Fastenal Co. | 0.07% | 12,938 | $634K | New |
| ESGD iShares Trust iShares ESG Aw | 0.07% | 6,773 | $630K | Reduce -10.8% |
| WFC Wells Fargo & Co. | 0.07% | 7,332 | $615K | Reduce -15.5% |
| VONG Vanguard Russell 1000 Growth | 0.07% | 4,971 | $599K | Reduce -0.4% |
| COWZ Pacer US Cash Cows 100 ETF | 0.07% | 10,252 | $589K | Add +33.1% |
| DEM Wisdomtree Emerging Markets | 0.07% | 12,478 | $574K | Add +43.5% |
| GE General Electric filed as GE AEROSPACE | 0.06% | 1,869 | $562K | Add +3.4% |
| CAT Caterpillar Inc. | 0.06% | 1,177 | $562K | Add +3.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.06% | 891 | $535K | Reduce -7.8% |
| JPM JPMorgan Chase & Co. | 0.06% | 1,651 | $521K | Add +7.0% |
| ESGE iShares Inc. iShares ESG Awar | 0.06% | 11,623 | $505K | Reduce -1.2% |
| TGT Target Corp. | 0.06% | 5,422 | $486K | Add +8.0% |
| IJR iShares Core S&P Small-Cap E | 0.05% | 3,859 | $459K | Reduce -4.6% |
| ISRG Intuitive Surgical Inc. | 0.05% | 1,013 | $453K | Reduce -0.2% |
| OBDC Blue Owl Capital Corp. | 0.05% | 34,465 | $440K | Add +2.5% |
| HWKN Hawkins Inc. | 0.05% | 2,364 | $432K | No change |
| MUB iShares National Muni Bond E | 0.05% | 4,025 | $429K | Reduce -30.5% |
| AVGO Broadcom Inc. | 0.05% | 1,298 | $428K | Add +30.2% |
| MDT Medtronic PLC | 0.05% | 4,301 | $410K | Add +1.5% |
| META Meta Platforms Inc. Class A | 0.05% | 540 | $397K | Add +70.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.04% | 588 | $392K | Reduce -4.5% |
| PRU Prudential Financial Inc. | 0.04% | 3,653 | $379K | Add +1.6% |
| VEA Vanguard Ftse Developed ETF | 0.04% | 5,815 | $348K | Add +8.2% |
| LNG Cheniere Energy Inc. | 0.04% | 1,432 | $337K | Reduce -11.4% |
| GOOG Alphabet Inc. Class C | 0.04% | 1,333 | $325K | Add +0.1% |
| KKR KKR & Co. Inc. | 0.04% | 2,478 | $322K | Reduce -12.8% |
| IBIT iShares Bitcoin Trust ETF | 0.03% | 4,562 | $297K | New |
| DES Wisdomtree US Smallcap Divid | 0.03% | 8,699 | $293K | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.03% | 5,654 | $292K | Add +7.8% |
| JPLD JPMorgan Ltd. Duration ETF | 0.03% | 5,535 | $290K | Reduce -6.2% |
| SKYY First Trust Cloud Computing | 0.03% | 2,115 | $284K | Reduce -12.7% |
| EAGG iShares ESG Aware US Aggrega | 0.03% | 5,845 | $281K | Reduce -8.8% |
| SPHY SS SPDR P High Yield ETF | 0.03% | 11,706 | $280K | Add +8.0% |
| GEV GE Vernova Inc. | 0.03% | 455 | $280K | Add +3.2% |
| CGHM Cap Group Muni High-Income | 0.03% | 11,025 | $279K | New |
| XEL Xcel Energy Inc. | 0.03% | 3,455 | $279K | Add +1.3% |
| JNJ Johnson & Johnson | 0.03% | 1,481 | $275K | Add +12.3% |
| WMT Walmart Inc. | 0.03% | 2,644 | $272K | Add +11.9% |
| FICO Fair Isaac Corp. | 0.03% | 181 | $271K | Reduce -0.6% |
| PBDE Pgim S&P 500 Buffer 20-Dec | 0.03% | 9,395 | $269K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -45.6% | 5.71% | −4.81 |
| RECS Columbia Resear Enh Cor ETF | Reduce -32.7% | 3.31% | −1.50 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.86 |
| IJH iShares Core S&P Midcap ETF | Reduce -8.8% | 3.73% | −0.44 |
| EWC iShares MSCI Canada ETF | Sold out | 0.00% | −0.38 |
| JMUB JPMorgan Municipal ETF | Reduce -11.6% | 1.52% | −0.29 |
| SCHF Schwab Intl Equity ETF | Reduce -1.4% | 8.69% | −0.29 |
| FLMI Franklin Dynamic Municipal B | Reduce -23.1% | 0.69% | −0.25 |
| IVV iShares Core S&P 500 ETF | Reduce -1.3% | 18.08% | −0.16 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -12.9% | 1.20% | −0.14 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.2% | 2.08% | −0.08 |
| AMP Ameriprise Financial Inc. | Reduce -2.0% | 0.32% | −0.06 |
| BSX Boston Scientific Corp. | Reduce -1.2% | 0.20% | −0.04 |
| WDAY Workday Inc. Class A | Sold out | 0.00% | −0.03 |
| FWONK Liberty Media Corp. Class C | Sold out | 0.00% | −0.03 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.03 |
| GPI Group 1 Automotive Inc. | Sold out | 0.00% | −0.03 |
| MUB iShares National Muni Bond E | Reduce -30.5% | 0.05% | −0.03 |
| XLC SS Comm Select Sector SPDR | Reduce -3.7% | 0.88% | −0.02 |
| AOK iShares Core 30/70 Conservat | Reduce -7.0% | 0.16% | −0.02 |
| AOA iShares Core 80/20 Aggressiv | Reduce -10.1% | 0.12% | −0.02 |
| ISRG Intuitive Surgical Inc. | Reduce -0.2% | 0.05% | −0.02 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Reduce -10.7% | 0.12% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -15.5% | 0.07% | −0.02 |
| AMZN Amazon.com Inc. | Reduce -1.0% | 0.18% | −0.01 |
| NULV Nuveen ESG Large-Cap Val ETF | Reduce -9.7% | 0.10% | −0.01 |
| AOM iShares Core 40/60 Moderate | Reduce -4.6% | 0.15% | −0.01 |
| ESGU iShares ESG Aware MSCI USA | Reduce -5.7% | 0.22% | −0.01 |
| ADI Analog Devices Inc. | Reduce -25.8% | 0.03% | −0.01 |
| ESGD iShares Trust iShares ESG Aw | Reduce -10.8% | 0.07% | −0.01 |
| FICO Fair Isaac Corp. | Reduce -0.6% | 0.03% | −0.01 |
| LNG Cheniere Energy Inc. | Reduce -11.4% | 0.04% | −0.01 |
| KKR KKR & Co. Inc. | Reduce -12.8% | 0.04% | −0.01 |
| MS Morgan Stanley | Reduce -27.8% | 0.03% | −0.01 |
| HON Honeywell International Inc. | Reduce -5.1% | 0.02% | −0.01 |
| EAGG iShares ESG Aware US Aggrega | Reduce -8.8% | 0.03% | −0.01 |
| JPLD JPMorgan Ltd. Duration ETF | Reduce -6.2% | 0.03% | −0.00 |
| NUSC Nuveen ESG Small-Cap ETF | Reduce -16.0% | 0.02% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -7.8% | 0.06% | −0.00 |
| SKYY First Trust Cloud Computing | Reduce -12.7% | 0.03% | −0.00 |
| LEN Lennar Corp. Class A | Reduce -13.8% | 0.03% | −0.00 |
| SCHB Schwab US Broad Market ETF | Reduce -2.3% | 0.12% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.5% | 0.04% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Reduce -4.6% | 0.05% | −0.00 |
| ORCL Oracle Corp. | Reduce -21.0% | 0.03% | −0.00 |
| VGT Vanguard Info Tech ETF | Reduce -9.3% | 0.03% | −0.00 |
| XOM Exxon Mobil Corp. | Reduce -0.5% | 0.03% | −0.00 |
| URI United Rentals Inc. | Reduce -16.6% | 0.03% | −0.00 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -1.2% | 0.06% | +0.00 |
| VONG Vanguard Russell 1000 Growth | Reduce -0.4% | 0.07% | +0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Add +49.6% | 13.78% | +4.75 |
| FLCC Fed Hermes Large Cap Core | New | 1.44% | +1.44 |
| XLK SS Technology Select Sector | New | 0.90% | +0.90 |
| SPEM State Street SP PTF Em ETF | Add +6.7% | 5.63% | +0.46 |
| EWG iShares MSCI Germany ETF | New | 0.38% | +0.38 |
| ICVT iShares Convertible Bond ETF | Add +11.5% | 1.57% | +0.21 |
| FLXR TCW Flexible Income ETF | Add +17.1% | 1.80% | +0.17 |
| CGMS Cap Group US Multi-Sect Bond | Add +12.0% | 2.66% | +0.12 |
| IGEB iShares Investment Grade SYS | Add +18.2% | 1.07% | +0.11 |
| VMBS Vanguard Mortgage-Backed Sec | Add +9.3% | 3.21% | +0.10 |
| HYDB iShares High Yield Systemati | Add +14.1% | 1.44% | +0.10 |
| AAPL Apple Inc. | Add +2.6% | 0.57% | +0.09 |
| GOVT iShares US Treasury Bond ETF | Add +9.6% | 3.19% | +0.09 |
| FAST Fastenal Co. | New | 0.07% | +0.07 |
| TSLA Tesla Inc. | Add +3.6% | 0.25% | +0.07 |
| PULS Pgim Ultra Short Bond ETF | Add +19.5% | 0.60% | +0.06 |
| YLD Principal Act Hi YLD ETF | Add +16.6% | 0.60% | +0.05 |
| QQQI Neos Nasdaq-100 High Inc. ETF | Add +40.9% | 0.17% | +0.04 |
| QDPL Pacer Met US LRG Cap DVD 400 | Add +55.0% | 0.12% | +0.04 |
| GOOGL Alphabet Inc. Class A | Add +3.6% | 0.15% | +0.04 |
| SPYI Neos S&P 500 High Income ETF | Add +31.7% | 0.17% | +0.04 |
| MSFT Microsoft Corp. | Add +28.7% | 0.17% | +0.03 |
| IBIT iShares Bitcoin Trust ETF | New | 0.03% | +0.03 |
| DES Wisdomtree US Smallcap Divid | New | 0.03% | +0.03 |
| CGHM Cap Group Muni High-Income | New | 0.03% | +0.03 |
| SIHY Harbor Ares Systemt Hi YD-US | Add +8.3% | 1.92% | +0.03 |
| LLY Eli Lilly & Co. | New | 0.03% | +0.03 |
| IDV iShares International Select | Add +40.2% | 0.09% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.03% | +0.03 |
| MCK McKesson Corp. | New | 0.02% | +0.02 |
| SCHD Schwab US DVD Equity ETF | Add +10.8% | 0.31% | +0.02 |
| AVUV Avantis US Small Cap Value | Add +1.5% | 0.58% | +0.02 |
| DEM Wisdomtree Emerging Markets | Add +43.5% | 0.07% | +0.02 |
| META Meta Platforms Inc. Class A | Add +70.9% | 0.05% | +0.02 |
| UNH Unitedhealth Group Inc. | Add +7.7% | 0.16% | +0.02 |
| COWZ Pacer US Cash Cows 100 ETF | Add +33.1% | 0.07% | +0.02 |
| AVGO Broadcom Inc. | Add +30.2% | 0.05% | +0.02 |
| EWQ iShares MSCI France ETF | Add +8.1% | 0.39% | +0.01 |
| CAT Caterpillar Inc. | Add +3.1% | 0.06% | +0.01 |
| EWJ iShares MSCI Japan ETF | Add +2.5% | 0.38% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.04% | +0.01 |
| GE General Electric | Add +3.4% | 0.06% | +0.01 |
| JNJ Johnson & Johnson | Add +12.3% | 0.03% | +0.01 |
| AGG iShares Core U.S. Aggregate | Add +13.2% | 0.08% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +7.0% | 0.06% | +0.00 |
| NAT Nordic American Tankers Ltd. | New | 0.00% | +0.00 |
| TJX TJX Companies Inc. | Add +4.9% | 0.03% | +0.00 |
| GEV GE Vernova Inc. | Add +3.2% | 0.03% | +0.00 |
| XEL Xcel Energy Inc. | Add +1.3% | 0.03% | +0.00 |
| ITOT iShares Core S&P Total U.S. | Add +1.0% | 0.22% | +0.00 |
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 |