Bremer Bank National Association

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 17, 2024), Bremer Bank National Association reported 172 stock positions worth $530.2 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 6.0% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 5.9%) and iShares MSCI Acwi ETF (ACWI, 4.4%). Compared with Q2 2024, it opened 4 new positions, sold out of 10, added to 21 and reduced 118. The biggest buy was iShares Core U.S. Aggregate (AGG, shares +183%) and the biggest sale iShares MSCI Acwi ETF (ACWI, shares −31%).

Most Recent 13F
Q1 2025
Location
ST PAUL, MN
CIK
0001775321
Portfolio Value
$530.2M (Q3 2024)
SEC Filing
0000950123-24-009744 ↗ filed Oct 17, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $539.9M Q1 2024 Q2 2024: $512.2M Q2 2024 Q3 2024: $530.2M $530.2M Q3 2024 Q4 2024: $505.5M Q4 2024 Q1 2025: $561.6M Q1 2025

Holdings 172 stocks · $530.2M
SPY SS SPDR S&P 500 ETF Trust-US 5.96% 55,093 $31.6M Reduce -3.7%
AGG iShares Core U.S. Aggregate 5.90% 308,753 $31.3M Add +183.5%
ACWI iShares MSCI Acwi ETF 4.37% 193,622 $23.1M Reduce -30.9%
AAPL Apple Inc. 3.63% 82,662 $19.3M Reduce -4.0%
NVDA Nvidia Corp. 3.57% 155,989 $18.9M Reduce -24.3%
KRE SS SPDR S&P Regional Bank 2.69% 251,838 $14.3M Reduce -0.5%
IVV iShares Core S&P 500 ETF 2.46% 22,609 $13.0M Reduce -1.6%
IWM iShares Russell 2000 ETF 2.25% 54,074 $11.9M Reduce -1.4%
LLY Eli Lilly & Co. 2.10% 12,553 $11.1M Reduce -4.2%
ANET Arista Networks Inc. 2.08% 28,692 $11.0M Add +0.9%
VGIT Vanguard Intermediate-Term T 2.06% 181,149 $10.9M No change
MSFT Microsoft Corp. 1.99% 24,547 $10.6M Reduce -4.6%
IJH iShares Core S&P Midcap ETF 1.94% 164,823 $10.3M Reduce -6.2%
TSM Taiwan Semiconductor-SP ADR 1.83% 55,903 $9.7M Reduce -2.6%
IEFA iShares Core MSCI Eafe ETF 1.74% 118,382 $9.2M Reduce -0.1%
CMG Chipotle Mexican Grill Inc. 1.60% 147,245 $8.5M Reduce -4.6%
IDEV iShares Core MSCI Dev MKTS 1.60% 119,733 $8.5M Add +3.0%
VOO Vanguard S&P 500 ETF 1.52% 15,246 $8.0M Reduce -0.8%
VYM Vanguard High DVD Yield ETF 1.44% 59,633 $7.6M Add +316.2%
TT Trane Technologies PLC 1.38% 18,860 $7.3M Reduce -2.6%
AMP Ameriprise Financial Inc. 1.36% 15,351 $7.2M Reduce -3.0%
NFLX Netflix Inc. 1.33% 9,925 $7.0M Reduce -2.9%
COST Costco Wholesale Corp. 1.26% 7,549 $6.7M Reduce -4.2%
BX Blackstone Inc. 1.26% 43,471 $6.7M Reduce -1.5%
META Meta Platforms Inc. Class A 1.22% 11,329 $6.5M Add +676.0%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.19% 14,957 $6.3M No change
AXP American Express Co. 1.14% 22,304 $6.0M Reduce -4.0%
TMUS T-Mobile US Inc. 1.13% 29,112 $6.0M Reduce -1.3%
MCK McKesson Corp. 1.12% 11,961 $5.9M Reduce -0.3%
NVO Novo-Nordisk A/S-Spons ADR 1.09% 48,555 $5.8M Reduce -4.4%
PWR Quanta Services Inc. 1.07% 19,078 $5.7M Reduce -3.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.06% 25,335 $5.6M Add +1092.8%
DKS Dick's Sporting Goods Inc. 1.05% 26,723 $5.6M Add +0.5%
IJR iShares Core S&P Small-Cap E 1.05% 47,665 $5.6M Add +4.4%
XBI SS SPDR S&P Biotech ETF 1.05% 56,179 $5.6M No change
PG The Procter & Gamble Co. 0.99% 30,412 $5.3M Add +352.7%
DD Dupont DE Nemours Inc. 0.99% 58,680 $5.2M Reduce -4.9%
FIS Fidelity National Info Serv 0.91% 57,498 $4.8M Reduce -0.4%
NXPI NXP Semiconductors NV 0.87% 19,226 $4.6M Reduce -3.1%
SO The Southern Co. 0.86% 50,516 $4.6M Add +1.5%
TOL Toll Brothers Inc. 0.86% 29,469 $4.6M Reduce -0.7%
MA Mastercard Inc. Class A 0.85% 9,089 $4.5M Reduce -2.6%
UNP Union Pacific Corp. 0.82% 17,588 $4.3M Reduce -4.0%
MRK Merck & Co. Inc. 0.80% 37,430 $4.3M Reduce -2.9%
AMGN Amgen Inc. 0.79% 12,945 $4.2M Add +2.7%
SHEL Shell PLC-ADR 0.79% 63,136 $4.2M Reduce -1.1%
WCLD Wisdomtree Cloud Computing 0.78% 129,055 $4.1M No change
MAR Marriott International Class A 0.77% 16,346 $4.1M Reduce -3.5%
KR Kroger Co. 0.76% 70,646 $4.0M Add +6.6%
J Jacobs Solutions Inc. 0.67% 27,285 $3.6M Reduce -2.7%
JPM JPMorgan Chase & Co. 0.65% 16,230 $3.4M Reduce -1.7%
PSX Phillips 66 0.61% 24,639 $3.2M Reduce -0.7%
IEMG iShares Core MSCI Emerging 0.60% 55,750 $3.2M Add +17.0%
AVB Avalonbay Communities Inc. 0.58% 13,646 $3.1M Reduce -3.5%
GOOG Alphabet Inc. Class C 0.50% 15,721 $2.6M Reduce -8.9%
CATH Global X S&P 500 Ca Val ETF 0.47% 35,986 $2.5M Reduce -9.8%
EEM iShares MSCI Emerging Market 0.43% 49,707 $2.3M Reduce -6.6%
EFA iShares MSCI Eafe ETF 0.42% 26,803 $2.2M Reduce -9.2%
AMZN Amazon.com Inc. 0.41% 11,560 $2.2M Reduce -16.4%
GOOGL Alphabet Inc. Class A 0.39% 12,515 $2.1M Reduce -6.8%
BRK.A Berkshire Hathaway Inc. Class A 0.39% 3 $2.1M No change
LULU Lululemon Athletica Inc. 0.39% 7,561 $2.1M Reduce -6.5%
IWR iShares Russell Mid-Cap ETF 0.38% 22,740 $2.0M No change
NVR NVR Inc. 0.38% 204 $2.0M Reduce -1.4%
BRK.B Berkshire Hathaway Inc. Class B 0.36% 4,120 $1.9M Reduce -6.8%
HD Home Depot Inc. 0.34% 4,437 $1.8M Reduce -7.4%
DSI iShares ESG MSCI KLD 400 ETF 0.32% 15,352 $1.7M Reduce -62.6%
TMO Thermo Fisher Scientific Inc. 0.30% 2,589 $1.6M Reduce -2.5%
ON On Semiconductor 0.26% 18,710 $1.4M Reduce -0.8%
UNH Unitedhealth Group Inc. 0.25% 2,256 $1.3M Reduce -9.5%
CSCO Cisco Systems Inc. 0.22% 21,480 $1.1M Reduce -5.6%
IJJ iShares S&P Mid-Cap 400 Valu 0.20% 8,588 $1.1M Reduce -0.3%
CPHC Canterbury Park Holding Corp. 0.20% 55,000 $1.1M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.19% 2,597 $997K No change
ELV Elevance Health Inc. 0.18% 1,849 $961K Reduce -1.0%
GE General Electric filed as GE AEROSPACE 0.18% 5,089 $960K Reduce -1.9%
URI United Rentals Inc. 0.17% 1,141 $924K Reduce -0.6%
ABT Abbott Laboratories 0.17% 7,998 $912K Reduce -1.0%
VCSH Vanguard S/T Corp. Bond ETF 0.16% 10,729 $852K Reduce -22.2%
COP Conocophillips 0.16% 8,066 $849K Reduce -1.5%
VTWV Vanguard Russell 2000 Value 0.16% 5,605 $825K No change
MDY State Street SPDR S&P Midcap 0.15% 1,437 $819K Reduce -39.0%
VTV Vanguard Mrngstr Val ETF-Aui 0.15% 4,558 $796K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.15% 9,671 $777K Add +1.1%
IWF iShares Russell 1000 Growth 0.14% 2,020 $758K No change
DE Deere & Co. 0.14% 1,815 $757K Reduce -10.3%
ADBE Adobe Inc. 0.14% 1,456 $754K Reduce -15.4%
ORCL Oracle Corp. 0.14% 4,368 $744K Reduce -6.8%
MCD McDonald's Corp. 0.14% 2,438 $742K Reduce -14.6%
V Visa Inc. Class A 0.13% 2,566 $706K Reduce -18.9%
WMT Walmart Inc. 0.13% 8,696 $702K Reduce -13.0%
BIV Vanguard Intermediate-Term B 0.13% 8,790 $689K No change
TGT Target Corp. 0.13% 4,291 $669K Reduce -5.1%
NEE Nextera Energy Inc. 0.13% 7,889 $667K Reduce -7.3%
IAGG iShares Intl Aggregate Bond 0.12% 12,776 $662K Add +1.6%
ESGV Vanguard ESG US Stock ETF 0.12% 6,482 $659K No change
OTTR Otter Tail Corp. 0.12% 8,384 $655K No change
ABBV Abbvie Inc. 0.12% 3,287 $649K Reduce -12.7%
HON Honeywell International Inc. 0.12% 3,102 $641K Reduce -5.2%
CVX Chevron Corp. 0.12% 4,337 $639K Reduce -3.3%

Show all 172 holdings

Portfolio Sells Q2 2024 → Q3 2024
ACWI iShares MSCI Acwi ETF Reduce -30.9% 4.37% −1.78
NVDA Nvidia Corp. Reduce -24.3% 3.57% −1.40
VONV Vanguard Russell 1000 Value Sold out 0.00% −1.06
EA Electronic Arts Inc. Sold out 0.00% −0.67
KO The Coca-Cola Co. Reduce -91.8% 0.06% −0.61
ACN Accenture PLC Class A Reduce -90.6% 0.07% −0.61
DSI iShares ESG MSCI KLD 400 ETF Reduce -62.6% 0.32% −0.52
NVO Novo-Nordisk A/S-Spons ADR Reduce -4.4% 1.09% −0.33
CMG Chipotle Mexican Grill Inc. Reduce -4.6% 1.60% −0.29
MSFT Microsoft Corp. Reduce -4.6% 1.99% −0.25
MCK McKesson Corp. Reduce -0.3% 1.12% −0.25
LLY Eli Lilly & Co. Reduce -4.2% 2.10% −0.22
NXPI NXP Semiconductors NV Reduce -3.1% 0.87% −0.17
IVE iShares S&P 500 Value ETF Reduce -72.3% 0.06% −0.14
MRK Merck & Co. Inc. Reduce -2.9% 0.80% −0.13
GOOG Alphabet Inc. Class C Reduce -8.9% 0.50% −0.12
TAN Invesco Solar ETF Sold out 0.00% −0.12
AMZN Amazon.com Inc. Reduce -16.4% 0.41% −0.12
TSM Taiwan Semiconductor-SP ADR Reduce -2.6% 1.83% −0.12
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.7% 5.96% −0.12
SHEL Shell PLC-ADR Reduce -1.1% 0.79% −0.11
MDY State Street SPDR S&P Midcap Reduce -39.0% 0.15% −0.09
J Jacobs Solutions Inc. Reduce -2.7% 0.67% −0.09
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.09
DG Dollar General Corp. Sold out 0.00% −0.09
GOOGL Alphabet Inc. Class A Reduce -6.8% 0.39% −0.09
LULU Lululemon Athletica Inc. Reduce -6.5% 0.39% −0.08
PSX Phillips 66 Reduce -0.7% 0.61% −0.07
IJH iShares Core S&P Midcap ETF Reduce -6.2% 1.94% −0.07
TEL Te Connectivity Ltd. Sold out 0.00% −0.06
VCSH Vanguard S/T Corp. Bond ETF Reduce -22.2% 0.16% −0.05
SCHW Schwab (charles) Corp. Sold out 0.00% −0.05
COST Costco Wholesale Corp. Reduce -4.2% 1.26% −0.05
ADBE Adobe Inc. Reduce -15.4% 0.14% −0.04
BAC Bank of America Corp. Sold out 0.00% −0.04
XLK SS Technology Select Sector Sold out 0.00% −0.04
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.04
CATH Global X S&P 500 Ca Val ETF Reduce -9.8% 0.47% −0.04
MAR Marriott International Class A Reduce -3.5% 0.77% −0.03
V Visa Inc. Class A Reduce -18.9% 0.13% −0.03
EFA iShares MSCI Eafe ETF Reduce -9.2% 0.42% −0.03
XOM Exxon Mobil Corp. Reduce -18.2% 0.10% −0.03
COP Conocophillips Reduce -1.5% 0.16% −0.02
NFLX Netflix Inc. Reduce -2.9% 1.33% −0.02
AMAT Applied Materials Inc. Reduce -0.6% 0.08% −0.02
CVX Chevron Corp. Reduce -3.3% 0.12% −0.02
ELV Elevance Health Inc. Reduce -1.0% 0.18% −0.02
WFC Wells Fargo & Co. Reduce -5.3% 0.11% −0.02
HON Honeywell International Inc. Reduce -5.2% 0.12% −0.02
GWW WW Grainger Inc. Reduce -21.5% 0.11% −0.02

Portfolio Buys Q2 2024 → Q3 2024
AGG iShares Core U.S. Aggregate Add +183.5% 5.90% +3.83
VYM Vanguard High DVD Yield ETF Add +316.2% 1.44% +1.11
META Meta Platforms Inc. Class A Add +676.0% 1.22% +1.08
IBM Intl Business Machines Corp. Add +1092.8% 1.06% +0.98
PG The Procter & Gamble Co. Add +352.7% 0.99% +0.78
ANET Arista Networks Inc. Add +0.9% 2.08% +0.13
KR Kroger Co. Add +6.6% 0.76% +0.12
IDEV iShares Core MSCI Dev MKTS Add +3.0% 1.60% +0.11
IEMG iShares Core MSCI Emerging Add +17.0% 0.60% +0.11
SO The Southern Co. Add +1.5% 0.86% +0.11
IJR iShares Core S&P Small-Cap E Add +4.4% 1.05% +0.10
SLV iShares Silver Trust New 0.04% +0.04
ALL Allstate Corp. New 0.04% +0.04
DVY iShares Select Dividend ETF New 0.04% +0.04
CMI Cummins Inc. New 0.04% +0.04
GLD SPDR Gold Shares Add +45.0% 0.07% +0.03
AMGN Amgen Inc. Add +2.7% 0.79% +0.02
MMM 3M Co. Add +0.2% 0.06% +0.01
CSR Centerspace Add +6.2% 0.12% +0.01
PFE Pfizer Inc. Add +9.8% 0.09% +0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +6.1% 0.07% +0.01
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +1.1% 0.15% +0.00
EMB iShares JP Morgan Usd Emergi Add +1.0% 0.08% +0.00
IAGG iShares Intl Aggregate Bond Add +1.6% 0.12% +0.00
DKS Dick's Sporting Goods Inc. Add +0.5% 1.05% −0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2025 176$561.6MSPY, AGG, ACWI, AAPL, NVDA
Q4 2024 165$505.5MSPY, AGG, ACWI, AAPL, NVDA
Q3 2024 172$530.2MSPY, AGG, ACWI, AAPL, NVDA
Q2 2024 178$512.2MACWI, SPY, NVDA, AAPL, IVV
Q1 2024 188$539.9MACWI, SPY, NVDA, AAPL, KRE