Bremer Bank National Association

Name: Bremer Bank National Association 13F holdings, Q4 2024
Creator: Bremer Bank National Association
Published: 2025-01-16

Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 16, 2025), Bremer Bank National Association reported 165 stock positions worth $505.5 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 6.6% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 6.0%) and iShares MSCI Acwi ETF (ACWI, 4.5%). Compared with Q3 2024, it opened 5 new positions, sold out of 12, added to 25 and reduced 107. The biggest buy was a new position in iShares MSCI Mexico ETF (EWW) and the biggest sale SS SPDR S&P Regional Bank (KRE, shares −97%).

Most Recent 13F: Q1 2025
Location: ST PAUL, MN
CIK: 0001775321
Portfolio Value: $505.5M (Q4 2024)
SEC Filing: 0000950123-25-000322 ↗ filed Jan 16, 2025

Holdings Value

Holdings 165 stocks · $505.5M


SPY SS SPDR S&P 500 ETF Trust-US	6.62%	57,118	$33.5M	Add +3.7%
AGG iShares Core U.S. Aggregate	5.98%	311,941	$30.2M	Add +1.0%
ACWI iShares MSCI Acwi ETF	4.50%	193,622	$22.8M	No change
AAPL Apple Inc.	4.00%	80,838	$20.2M	Reduce -2.2%
NVDA Nvidia Corp.	3.52%	132,536	$17.8M	Reduce -15.0%
IVV iShares Core S&P 500 ETF	2.45%	21,022	$12.4M	Reduce -7.0%
IWM iShares Russell 2000 ETF	2.40%	54,998	$12.2M	Add +1.7%
TSM Taiwan Semiconductor-SP ADR	2.26%	57,855	$11.4M	Add +3.5%
VGIT Vanguard Intermediate-Term T	2.08%	181,149	$10.5M	No change
MSFT Microsoft Corp.	2.04%	24,459	$10.3M	Reduce -0.4%
IJH iShares Core S&P Midcap ETF	2.00%	162,392	$10.1M	Reduce -1.5%
LLY Eli Lilly & Co.	1.95%	12,785	$9.9M	Add +1.9%
CMG Chipotle Mexican Grill Inc.	1.77%	148,450	$9.0M	Add +0.8%
NFLX Netflix Inc.	1.73%	9,794	$8.7M	Reduce -1.3%
EWW iShares MSCI Mexico ETF	1.67%	180,407	$8.4M	New
IEFA iShares Core MSCI Eafe ETF	1.63%	117,288	$8.2M	Reduce -0.9%
VOO Vanguard S&P 500 ETF	1.62%	15,205	$8.2M	Reduce -0.3%
AMP Ameriprise Financial Inc.	1.62%	15,334	$8.2M	Reduce -0.1%
IDEV iShares Core MSCI Dev MKTS	1.57%	123,026	$7.9M	Add +2.8%
VYM Vanguard High DVD Yield ETF	1.51%	59,633	$7.6M	No change
BX Blackstone Inc.	1.47%	43,126	$7.4M	Reduce -0.8%
TT Trane Technologies PLC	1.38%	18,840	$7.0M	Reduce -0.1%
COST Costco Wholesale Corp.	1.36%	7,503	$6.9M	Reduce -0.6%
AXP American Express Co.	1.32%	22,452	$6.7M	Add +0.7%
META Meta Platforms Inc. Class A	1.27%	10,946	$6.4M	Reduce -3.4%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	1.26%	14,934	$6.4M	Reduce -0.1%
TMUS T-Mobile US Inc.	1.23%	28,164	$6.2M	Reduce -3.3%
PWR Quanta Services Inc.	1.20%	19,205	$6.1M	Add +0.7%
DKS Dick's Sporting Goods Inc.	1.20%	26,409	$6.0M	Reduce -1.2%
LULU Lululemon Athletica Inc.	1.10%	14,480	$5.5M	Add +91.5%
IJR iShares Core S&P Small-Cap E	1.09%	47,716	$5.5M	Add +0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	1.04%	23,997	$5.3M	Reduce -5.3%
MRK Merck & Co. Inc.	1.02%	51,697	$5.1M	Add +38.1%
XBI SS SPDR S&P Biotech ETF	1.00%	56,179	$5.1M	No change
GEHC GE Healthcare Technology	0.99%	63,833	$5.0M	New
PG The Procter & Gamble Co.	0.97%	29,342	$4.9M	Reduce -3.5%
WCLD Wisdomtree Cloud Computing	0.96%	129,055	$4.8M	No change
MA Mastercard Inc. Class A	0.94%	9,056	$4.8M	Reduce -0.4%
MAR Marriott International Class A	0.90%	16,345	$4.6M	Reduce -0.0%
FIS Fidelity National Info Serv	0.89%	55,917	$4.5M	Reduce -2.8%
DD Dupont DE Nemours Inc.	0.88%	58,415	$4.5M	Reduce -0.5%
KR Kroger Co.	0.85%	70,631	$4.3M	Reduce -0.0%
NVO Novo-Nordisk A/S-Spons ADR	0.84%	49,479	$4.3M	Add +1.9%
PSX Phillips 66	0.83%	36,965	$4.2M	Add +50.0%
SO The Southern Co.	0.80%	48,973	$4.0M	Reduce -3.0%
NXPI NXP Semiconductors NV	0.78%	18,977	$3.9M	Reduce -1.3%
UNP Union Pacific Corp.	0.77%	17,082	$3.9M	Reduce -2.9%
SHEL Shell PLC-ADR	0.76%	61,135	$3.8M	Reduce -3.2%
TOL Toll Brothers Inc.	0.72%	28,962	$3.6M	Reduce -1.7%
J Jacobs Solutions Inc.	0.71%	26,741	$3.6M	Reduce -2.0%
JPM JPMorgan Chase & Co.	0.70%	14,799	$3.5M	Reduce -8.8%
AMGN Amgen Inc.	0.65%	12,529	$3.3M	Reduce -3.2%
AVB Avalonbay Communities Inc.	0.59%	13,588	$3.0M	Reduce -0.4%
GOOG Alphabet Inc. Class C	0.58%	15,401	$2.9M	Reduce -2.0%
CATH Global X S&P 500 Ca Val ETF	0.50%	35,597	$2.5M	Reduce -1.1%
AMZN Amazon.com Inc.	0.48%	11,151	$2.4M	Reduce -3.5%
IEMG iShares Core MSCI Emerging	0.48%	45,998	$2.4M	Reduce -17.5%
GOOGL Alphabet Inc. Class A	0.45%	12,004	$2.3M	Reduce -4.1%
EEM iShares MSCI Emerging Market	0.41%	49,249	$2.1M	Reduce -0.9%
BRK.A Berkshire Hathaway Inc. Class A	0.40%	3	$2.0M	No change
EFA iShares MSCI Eafe ETF	0.40%	26,803	$2.0M	No change
IWR iShares Russell Mid-Cap ETF	0.40%	22,740	$2.0M	No change
BRK.B Berkshire Hathaway Inc. Class B	0.35%	3,851	$1.7M	Reduce -6.5%
HD Home Depot Inc.	0.33%	4,308	$1.7M	Reduce -2.9%
NVR NVR Inc.	0.33%	203	$1.7M	Reduce -0.5%
TMO Thermo Fisher Scientific Inc.	0.27%	2,580	$1.3M	Reduce -0.3%
ON On Semiconductor	0.23%	18,621	$1.2M	Reduce -0.5%
UNH Unitedhealth Group Inc.	0.22%	2,180	$1.1M	Reduce -3.4%
CSCO Cisco Systems Inc.	0.22%	18,582	$1.1M	Reduce -13.5%
IJJ iShares S&P Mid-Cap 400 Valu	0.21%	8,588	$1.1M	No change
MDY State Street SPDR S&P Midcap	0.21%	1,858	$1.1M	Add +29.3%
ABT Abbott Laboratories	0.18%	7,963	$901K	Reduce -0.4%
VCSH Vanguard S/T Corp. Bond ETF	0.17%	10,878	$849K	Add +1.4%
VTV Vanguard Mrngstr Val ETF-Aui	0.17%	4,984	$844K	Add +9.3%
URI United Rentals Inc.	0.16%	1,136	$800K	Reduce -0.4%
AVGO Broadcom Inc.	0.16%	3,446	$799K	Reduce -6.2%
V Visa Inc. Class A	0.15%	2,463	$778K	Reduce -4.0%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	0.15%	9,753	$767K	Add +0.8%
IWF iShares Russell 1000 Growth	0.15%	1,909	$767K	Reduce -5.5%
DE Deere & Co.	0.15%	1,790	$758K	Reduce -1.4%
WMT Walmart Inc.	0.14%	7,861	$710K	Reduce -9.6%
ORCL Oracle Corp.	0.14%	4,217	$703K	Reduce -3.5%
BKNG Booking Holdings Inc.	0.14%	141	$701K	Reduce -1.4%
MCD McDonald's Corp.	0.14%	2,408	$698K	Reduce -1.2%
WFC Wells Fargo & Co.	0.14%	9,830	$690K	Reduce -1.9%
HON Honeywell International Inc.	0.13%	3,013	$681K	Reduce -2.9%
ELV Elevance Health Inc.	0.13%	1,844	$680K	Reduce -0.3%
ESGV Vanguard ESG US Stock ETF	0.13%	6,482	$680K	No change
BIV Vanguard Intermediate-Term B	0.13%	8,790	$657K	No change
GS Goldman Sachs Group Inc.	0.13%	1,127	$645K	Reduce -2.5%
IAGG iShares Intl Aggregate Bond	0.13%	12,885	$643K	Add +0.8%
ADBE Adobe Inc.	0.13%	1,426	$634K	Reduce -2.1%
OTTR Otter Tail Corp.	0.12%	8,384	$619K	No change
SMMD iShares Russell 2500 ETF	0.12%	8,977	$610K	No change
DSI iShares ESG MSCI KLD 400 ETF	0.12%	5,521	$609K	Reduce -64.0%
CSR Centerspace	0.12%	8,923	$590K	No change
ABBV Abbvie Inc.	0.11%	3,257	$579K	Reduce -0.9%
TGT Target Corp.	0.11%	4,272	$577K	Reduce -0.4%
GGG Graco Inc.	0.11%	6,507	$548K	No change
MCK McKesson Corp.	0.11%	945	$539K	Reduce -92.1%

Show all 165 holdings

Portfolio Sells Q3 2024 → Q4 2024


KRE SS SPDR S&P Regional Bank	Reduce -97.2%	0.09%	−2.60
ANET Arista Networks Inc.	Sold out	0.00%	−2.08
MCK McKesson Corp.	Reduce -92.1%	0.11%	−1.01
CPHC Canterbury Park Holding Corp.	Sold out	0.00%	−0.20
DSI iShares ESG MSCI KLD 400 ETF	Reduce -64.0%	0.12%	−0.19
VUG Vanguard Mrngstar GR ETF-Sui	Sold out	0.00%	−0.19
GE General Electric	Sold out	0.00%	−0.18
COP Conocophillips	Sold out	0.00%	−0.16
VTWV Vanguard Russell 2000 Value	Sold out	0.00%	−0.16
AMGN Amgen Inc.	Reduce -3.2%	0.65%	−0.14
TOL Toll Brothers Inc.	Reduce -1.7%	0.72%	−0.14
IEMG iShares Core MSCI Emerging	Reduce -17.5%	0.48%	−0.13
BLK BlackRock Finance Inc.	Sold out	0.00%	−0.12
IEFA iShares Core MSCI Eafe ETF	Reduce -0.9%	1.63%	−0.11
DD Dupont DE Nemours Inc.	Reduce -0.5%	0.88%	−0.11
NXPI NXP Semiconductors NV	Reduce -1.3%	0.78%	−0.09
SO The Southern Co.	Reduce -3.0%	0.80%	−0.06
GEV GE Vernova Inc.	Sold out	0.00%	−0.06
IVE iShares S&P 500 Value ETF	Sold out	0.00%	−0.06
NVDA Nvidia Corp.	Reduce -15.0%	3.52%	−0.05
NVR NVR Inc.	Reduce -0.5%	0.33%	−0.05
UNP Union Pacific Corp.	Reduce -2.9%	0.77%	−0.05
ELV Elevance Health Inc.	Reduce -0.3%	0.13%	−0.05
IQV Iqvia Holdings Inc.	Sold out	0.00%	−0.04
SLV iShares Silver Trust	Sold out	0.00%	−0.04
NEE Nextera Energy Inc.	Reduce -25.0%	0.08%	−0.04
DVY iShares Select Dividend ETF	Sold out	0.00%	−0.04
TMO Thermo Fisher Scientific Inc.	Reduce -0.3%	0.27%	−0.04
UNH Unitedhealth Group Inc.	Reduce -3.4%	0.22%	−0.03
SHEL Shell PLC-ADR	Reduce -3.2%	0.76%	−0.03
CVX Chevron Corp.	Reduce -24.6%	0.09%	−0.03
GLD SPDR Gold Shares	Reduce -36.5%	0.05%	−0.02
ON On Semiconductor	Reduce -0.5%	0.23%	−0.02
EEM iShares MSCI Emerging Market	Reduce -0.9%	0.41%	−0.02
CAT Caterpillar Inc.	Reduce -27.2%	0.05%	−0.02
PG The Procter & Gamble Co.	Reduce -3.5%	0.97%	−0.02
JNJ Johnson & Johnson	Reduce -14.4%	0.08%	−0.02
XOM Exxon Mobil Corp.	Reduce -14.7%	0.09%	−0.02
NKE Nike Inc. Class B	Reduce -9.2%	0.08%	−0.02
DOW Dow Inc.	Reduce -0.4%	0.06%	−0.02
ADBE Adobe Inc.	Reduce -2.1%	0.13%	−0.02
XEL Xcel Energy Inc.	Reduce -28.4%	0.06%	−0.02
URI United Rentals Inc.	Reduce -0.4%	0.16%	−0.02
PFE Pfizer Inc.	Reduce -14.1%	0.07%	−0.01
FIS Fidelity National Info Serv	Reduce -2.8%	0.89%	−0.01
ACN Accenture PLC Class A	Reduce -23.3%	0.06%	−0.01
HCA HCA Healthcare Inc.	Reduce -1.6%	0.04%	−0.01
AMAT Applied Materials Inc.	Reduce -1.9%	0.07%	−0.01
IBM Intl Business Machines Corp.	Reduce -5.3%	1.04%	−0.01
PEP Pepsico Inc.	Reduce -10.7%	0.07%	−0.01

Portfolio Buys Q3 2024 → Q4 2024


EWW iShares MSCI Mexico ETF	New	1.67%	+1.67
GEHC GE Healthcare Technology	New	0.99%	+0.99
LULU Lululemon Athletica Inc.	Add +91.5%	1.10%	+0.71
SPY SS SPDR S&P 500 ETF Trust-US	Add +3.7%	6.62%	+0.66
TSM Taiwan Semiconductor-SP ADR	Add +3.5%	2.26%	+0.43
PSX Phillips 66	Add +50.0%	0.83%	+0.22
MRK Merck & Co. Inc.	Add +38.1%	1.02%	+0.22
AXP American Express Co.	Add +0.7%	1.32%	+0.18
CMG Chipotle Mexican Grill Inc.	Add +0.8%	1.77%	+0.17
IWM iShares Russell 2000 ETF	Add +1.7%	2.40%	+0.15
PWR Quanta Services Inc.	Add +0.7%	1.20%	+0.13
AGG iShares Core U.S. Aggregate	Add +1.0%	5.98%	+0.08
MDY State Street SPDR S&P Midcap	Add +29.3%	0.21%	+0.05
TEL Te Connectivity PLC	New	0.05%	+0.05
SCHW Schwab (charles) Corp.	New	0.04%	+0.04
NOW ServiceNow Inc.	New	0.04%	+0.04
IJR iShares Core S&P Small-Cap E	Add +0.1%	1.09%	+0.04
VTV Vanguard Mrngstr Val ETF-Aui	Add +9.3%	0.17%	+0.02
SPYG SS SPDR P S&P 500 Growth ETF	Add +2.6%	0.09%	+0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +10.7%	0.08%	+0.01
PYPL PayPal Holdings Inc.	Add +1.6%	0.07%	+0.01
VCSH Vanguard S/T Corp. Bond ETF	Add +1.4%	0.17%	+0.01
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	Add +0.8%	0.15%	+0.01
SPYV SS SPDR P S&P 500 Value ETF	Add +2.3%	0.08%	+0.00
IAGG iShares Intl Aggregate Bond	Add +0.8%	0.13%	+0.00
EMB iShares JP Morgan Usd Emergi	Add +2.8%	0.08%	+0.00
ICF iShares Select U.S. REIT ETF	Add +5.4%	0.08%	+0.00
IDEV iShares Core MSCI Dev MKTS	Add +2.8%	1.57%	−0.03
LLY Eli Lilly & Co.	Add +1.9%	1.95%	−0.15
NVO Novo-Nordisk A/S-Spons ADR	Add +1.9%	0.84%	−0.25

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q1 2025	176	$561.6M	SPY, AGG, ACWI, AAPL, NVDA
Q4 2024	165	$505.5M	SPY, AGG, ACWI, AAPL, NVDA
Q3 2024	172	$530.2M	SPY, AGG, ACWI, AAPL, NVDA
Q2 2024	178	$512.2M	ACWI, SPY, NVDA, AAPL, IVV
Q1 2024	188	$539.9M	ACWI, SPY, NVDA, AAPL, KRE