Cherry Tree Wealth Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Cherry Tree Wealth Management, LLC reported 613 stock positions worth $421.8 million. Its top holding was SS SPDR P Int C Corp. ETF (SPIB) at 5.5% of the portfolio, followed by Vanguard Total Bond Market (BND, 5.0%) and SS SPDR P St C Corp. ETF (SPSB, 4.4%). Compared with Q2 2024, it opened 22 new positions, sold out of 6, added to 80 and reduced 75. The biggest buy was a new position in Dimensional US High Profi Et (DUHP) and the biggest sale Invesco S&P 500 Low Volatili (SPLV, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- MINNETONKA, MN
- CIK
- 0001985414
- Portfolio Value
- $421.8M (Q3 2024)
- SEC Filing
- 0001985414-24-000004 ↗ filed Nov 12, 2024
Holdings Value
Holdings 613 stocks · $421.8M
| SPIB SS SPDR P Int C Corp. ETF | 5.49% | 686,520 | $23.1M | Reduce -1.1% |
| BND Vanguard Total Bond Market | 5.00% | 280,648 | $21.1M | Reduce -0.6% |
| SPSB SS SPDR P St C Corp. ETF | 4.44% | 618,764 | $18.7M | Add +1.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.13% | 99,686 | $17.4M | Reduce -1.7% |
| VEA Vanguard Ftse Developed ETF | 3.38% | 270,203 | $14.3M | Add +2.4% |
| IVV iShares Core S&P 500 ETF | 3.14% | 22,950 | $13.2M | Reduce -0.9% |
| VYM Vanguard High DVD Yield ETF | 2.91% | 95,602 | $12.3M | Reduce -3.0% |
| DFAC Dimensional US Core Equity 2 | 2.80% | 344,038 | $11.8M | Reduce -1.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.75% | 57,680 | $11.6M | Reduce -3.0% |
| FLRN SS SPDR BB Ig Float RT ETF | 2.65% | 362,877 | $11.2M | Reduce -2.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.59% | 137,352 | $10.9M | Add +1.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.35% | 41,710 | $9.9M | Reduce -0.3% |
| VEU Vanguard Ftse All-World Ex-U | 2.21% | 148,003 | $9.3M | Add +0.1% |
| BSV Vanguard Short-Term Bond ETF | 2.16% | 115,734 | $9.1M | Reduce -3.6% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 1.97% | 222,216 | $8.3M | Add +2.3% |
| VTIP Vanguard Short-Term Tips | 1.92% | 164,344 | $8.1M | Reduce -5.6% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 1.60% | 176,388 | $6.7M | Reduce -5.1% |
| VYMI Vanguard Int High DVD YLD Inc. | 1.59% | 91,161 | $6.7M | Reduce -0.9% |
| DFUV Dimensional US Marketwide Va | 1.49% | 150,302 | $6.3M | Reduce -1.0% |
| PGX Invesco Preferred ETF | 1.44% | 491,737 | $6.1M | Add +0.8% |
| VWO Vanguard Ftse Emerging Marke | 1.43% | 125,943 | $6.0M | Add +0.2% |
| SPLV Invesco S&P 500 Low Volatili | 1.42% | 83,393 | $6.0M | Reduce -17.3% |
| DFAT Dimensional US Target Value | 1.36% | 103,370 | $5.8M | Reduce -0.4% |
| VXUS Vanguard Total Intl Stock | 1.28% | 83,598 | $5.4M | Add +1.4% |
| AVLV Avantis US Large Cap Value | 1.22% | 77,928 | $5.1M | Add +7.9% |
| VNQ Vanguard Real Estate ETF | 1.17% | 50,558 | $4.9M | Reduce -0.9% |
| RSP Invesco S&P 500 Equal Weight | 1.13% | 26,676 | $4.8M | Add +16.3% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.08% | 177,862 | $4.5M | Add +13.0% |
| AVEM Avantis Emerging Markets Eq | 1.03% | 67,578 | $4.4M | Add +3.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.92% | 75,741 | $3.9M | Add +0.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.92% | 13,648 | $3.9M | Add +0.7% |
| SCHF Schwab Intl Equity ETF | 0.90% | 92,093 | $3.8M | Add +4.5% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.88% | 151,587 | $3.7M | Add +18.3% |
| DFGR Dim Global Real Estate ETF | 0.82% | 120,452 | $3.5M | Add +38.8% |
| MSFT Microsoft Corp. | 0.81% | 7,902 | $3.4M | Reduce -6.0% |
| IBDU iShares Ibonds Dec 2029 Term | 0.80% | 144,301 | $3.4M | Add +14.9% |
| TITN Titan Machinery Inc. | 0.78% | 237,643 | $3.3M | No change |
| AAPL Apple Inc. | 0.77% | 13,984 | $3.3M | Add +0.0% |
| AGG iShares Core U.S. Aggregate | 0.66% | 27,597 | $2.8M | Add +0.1% |
| SCHB Schwab US Broad Market ETF | 0.65% | 41,522 | $2.8M | Add +0.7% |
| AVUV Avantis US Small Cap Value | 0.65% | 28,618 | $2.7M | Reduce -13.9% |
| DFAX Dimensional World Ex US Core | 0.62% | 96,601 | $2.6M | Add +2.1% |
| VGIT Vanguard Intermediate-Term T | 0.59% | 40,882 | $2.5M | Reduce -6.0% |
| ITOT iShares Core S&P Total U.S. | 0.51% | 17,078 | $2.1M | Reduce -1.1% |
| VOO Vanguard S&P 500 ETF | 0.49% | 3,910 | $2.1M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.46% | 3,410 | $2.0M | Reduce -2.5% |
| IBDP iShares Ibonds Dec 2024 Term | 0.46% | 77,179 | $1.9M | Reduce -0.4% |
| JEPI JPMorgan Equity Premium Inco | 0.46% | 32,641 | $1.9M | Add +0.0% |
| SCHZ Schwab US Aggregate Bond ETF | 0.42% | 37,705 | $1.8M | Add +3.6% |
| DHS Wisdomtree US High Dividend | 0.40% | 17,914 | $1.7M | Reduce -0.3% |
| DFAS Dimensional US Small Cap ETF | 0.38% | 24,736 | $1.6M | Add +2.4% |
| IBTE iShares Ibonds Dec 2024 Term | 0.37% | 64,550 | $1.5M | Reduce -4.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.36% | 19,612 | $1.5M | Reduce -3.1% |
| EMR Emerson Electric Co. | 0.35% | 13,544 | $1.5M | No change |
| VSS Vanguard Ftse All Wo X-US SC | 0.35% | 11,719 | $1.5M | Reduce -4.7% |
| SCHX Schwab US Large-Cap ETF | 0.34% | 21,258 | $1.4M | Reduce -4.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.34% | 3,717 | $1.4M | Reduce -4.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.33% | 15,274 | $1.4M | Reduce -2.6% |
| LLY Eli Lilly & Co. | 0.32% | 1,531 | $1.4M | No change |
| DUHP Dimensional US High Profi Et | 0.32% | 39,793 | $1.4M | New |
| DFIV Dimensional International Va | 0.29% | 32,173 | $1.2M | Add +2.6% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.28% | 47,352 | $1.2M | Add +3.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.28% | 17,438 | $1.2M | No change |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.27% | 51,899 | $1.2M | Add +22.2% |
| SKOR NT Crdscr US Corp. BD ETF | 0.27% | 23,368 | $1.1M | Reduce -5.1% |
| NVDA Nvidia Corp. | 0.27% | 9,420 | $1.1M | Reduce -5.0% |
| IBDR iShares Ibonds Dec 2026 Term | 0.27% | 46,715 | $1.1M | Add +19.1% |
| MUB iShares National Muni Bond E | 0.26% | 9,916 | $1.1M | Reduce -11.6% |
| MMM 3M Co. | 0.25% | 7,702 | $1.1M | Reduce -9.0% |
| MDT Medtronic PLC | 0.24% | 11,456 | $1.0M | Reduce -9.1% |
| ESGV Vanguard ESG US Stock ETF | 0.22% | 9,322 | $948K | Reduce -0.0% |
| PFF iShares Preferred & Income S | 0.22% | 28,175 | $936K | Reduce -6.4% |
| JPST JPMorgan Ultra-Short Income | 0.22% | 18,383 | $933K | Add +10.8% |
| DFCF Dimensional Core Fixed Inc. | 0.22% | 21,184 | $915K | Reduce -0.9% |
| IEMG iShares Core MSCI Emerging | 0.20% | 14,831 | $851K | Reduce -12.2% |
| DNP DNP Select Income Fund Inc. | 0.19% | 79,355 | $797K | No change |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.18% | 36,489 | $774K | Add +45.4% |
| AXP American Express Co. | 0.17% | 2,637 | $715K | Reduce -3.0% |
| USB US Bancorp | 0.16% | 14,661 | $670K | No change |
| JPM JPMorgan Chase & Co. | 0.16% | 3,169 | $668K | No change |
| PG The Procter & Gamble Co. | 0.15% | 3,747 | $649K | Add +0.1% |
| QUAL iShares MSCI USA Quality Fac | 0.15% | 3,554 | $637K | Reduce -0.8% |
| IXUS iShares Core Intl Stock ETF | 0.14% | 8,415 | $611K | No change |
| STPZ PIMCO 1-5 Year US Tips Index | 0.14% | 10,873 | $574K | Add +0.1% |
| IWM iShares Russell 2000 ETF | 0.14% | 2,596 | $573K | Reduce -9.6% |
| EFV iShares MSCI Eafe Value ETF | 0.13% | 9,871 | $568K | Reduce -0.5% |
| IBTF iShares Ibonds Dec 2025 Term | 0.13% | 23,943 | $561K | Add +3.0% |
| VPU Vanguard Utilities ETF | 0.13% | 3,143 | $547K | Reduce -2.7% |
| GDX Vaneck Gold Miners ETF | 0.13% | 13,472 | $536K | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.13% | 6,636 | $536K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.13% | 2,698 | $534K | Add +6.3% |
| IJR iShares Core S&P Small-Cap E | 0.13% | 4,562 | $534K | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.12% | 9,628 | $507K | No change |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.12% | 6,573 | $504K | No change |
| FLOT iShares Floating Rate Bond E | 0.12% | 9,760 | $498K | Add +0.2% |
| SUB iShares Short-Term National | 0.12% | 4,600 | $488K | Add +2.1% |
| HRL Hormel Foods Corp. | 0.11% | 15,226 | $483K | No change |
| SHY iShares 1-3 Year Treasury Bo | 0.11% | 5,784 | $481K | No change |
| GOOG Alphabet Inc. Class C | 0.11% | 2,867 | $479K | Add +5.0% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.11% | 7,645 | $479K | Reduce -6.9% |
Portfolio Sells Q2 2024 → Q3 2024
| SPLV Invesco S&P 500 Low Volatili | Reduce -17.3% | 1.42% | −0.23 |
| FLRN SS SPDR BB Ig Float RT ETF | Reduce -2.1% | 2.65% | −0.22 |
| VTIP Vanguard Short-Term Tips | Reduce -5.6% | 1.92% | −0.20 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -1.1% | 5.49% | −0.19 |
| BSV Vanguard Short-Term Bond ETF | Reduce -3.6% | 2.16% | −0.15 |
| MSFT Microsoft Corp. | Reduce -6.0% | 0.81% | −0.14 |
| BND Vanguard Total Bond Market | Reduce -0.6% | 5.00% | −0.11 |
| AVUV Avantis US Small Cap Value | Reduce -13.9% | 0.65% | −0.10 |
| VGIT Vanguard Intermediate-Term T | Reduce -6.0% | 0.59% | −0.05 |
| MUB iShares National Muni Bond E | Reduce -11.6% | 0.26% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -0.9% | 3.14% | −0.04 |
| DFAC Dimensional US Core Equity 2 | Reduce -1.9% | 2.80% | −0.04 |
| IBTE iShares Ibonds Dec 2024 Term | Reduce -4.3% | 0.37% | −0.04 |
| NVDA Nvidia Corp. | Reduce -5.0% | 0.27% | −0.04 |
| VYM Vanguard High DVD Yield ETF | Reduce -3.0% | 2.91% | −0.03 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Reduce -5.1% | 1.60% | −0.03 |
| IBDP iShares Ibonds Dec 2024 Term | Reduce -0.4% | 0.46% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -4.0% | 0.34% | −0.03 |
| IEMG iShares Core MSCI Emerging | Reduce -12.2% | 0.20% | −0.03 |
| SKOR NT Crdscr US Corp. BD ETF | Reduce -5.1% | 0.27% | −0.02 |
| PFF iShares Preferred & Income S | Reduce -6.4% | 0.22% | −0.02 |
| SCHX Schwab US Large-Cap ETF | Reduce -4.3% | 0.34% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.5% | 0.46% | −0.01 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -4.7% | 0.35% | −0.01 |
| DFUV Dimensional US Marketwide Va | Reduce -1.0% | 1.49% | −0.01 |
| FNDA Schwab Fndmntl US SM Co. ETF | Reduce -20.9% | 0.05% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -9.6% | 0.14% | −0.01 |
| QDEF NT Qual Div Def ETF | Reduce -33.6% | 0.02% | −0.01 |
| SMB Vaneck Short Muni ETF | Reduce -10.3% | 0.05% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -3.1% | 0.36% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -1.1% | 0.51% | −0.01 |
| PFFD Global X US Preferred ETF | Reduce -8.0% | 0.07% | −0.01 |
| DFCF Dimensional Core Fixed Inc. | Reduce -0.9% | 0.22% | −0.01 |
| PSLV Sprott Physical Silver Trust | Reduce -5.6% | 0.08% | −0.01 |
| VT Vanguard Tot World STK ETF | Reduce -17.4% | 0.02% | −0.00 |
| SPEM State Street SP PTF Em ETF | Reduce -36.3% | 0.01% | −0.00 |
| MDT Medtronic PLC | Reduce -9.1% | 0.24% | −0.00 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -6.9% | 0.11% | −0.00 |
| VGT Vanguard Info Tech ETF | Reduce -9.3% | 0.03% | −0.00 |
| EDIV State Street SPDR S&P Emergi | Reduce -5.6% | 0.08% | −0.00 |
| DFIS Dimensional International SM | Reduce -10.9% | 0.04% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -53.6% | 0.00% | −0.00 |
| BSX Boston Scientific Corp. | Reduce -34.9% | 0.01% | −0.00 |
| SCHA Schwab US Small-Cap ETF | Reduce -13.9% | 0.02% | −0.00 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −0.00 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -4.8% | 0.07% | −0.00 |
| QUAL iShares MSCI USA Quality Fac | Reduce -0.8% | 0.15% | −0.00 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -11.0% | 0.08% | −0.00 |
| CARR Carrier Global Corp. | Reduce -26.3% | 0.02% | −0.00 |
| IWN iShares Russell 2000 Value E | Reduce -7.6% | 0.04% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| DUHP Dimensional US High Profi Et | New | 0.32% | +0.32 |
| DFGR Dim Global Real Estate ETF | Add +38.8% | 0.82% | +0.28 |
| RSP Invesco S&P 500 Equal Weight | Add +16.3% | 1.13% | +0.19 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +18.3% | 0.88% | +0.11 |
| VEA Vanguard Ftse Developed ETF | Add +2.4% | 3.38% | +0.11 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +13.0% | 1.08% | +0.10 |
| IBDU iShares Ibonds Dec 2029 Term | Add +14.9% | 0.80% | +0.09 |
| AVLV Avantis US Large Cap Value | Add +7.9% | 1.22% | +0.08 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +2.3% | 1.97% | +0.06 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +45.4% | 0.18% | +0.06 |
| SCHF Schwab Intl Equity ETF | Add +4.5% | 0.90% | +0.05 |
| VWO Vanguard Ftse Emerging Marke | Add +0.2% | 1.43% | +0.05 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +22.2% | 0.27% | +0.05 |
| IBDR iShares Ibonds Dec 2026 Term | Add +19.1% | 0.27% | +0.03 |
| VXUS Vanguard Total Intl Stock | Add +1.4% | 1.28% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.1% | 2.21% | +0.03 |
| AVEM Avantis Emerging Markets Eq | Add +3.5% | 1.03% | +0.03 |
| AAPL Apple Inc. | Add +0.0% | 0.77% | +0.03 |
| HBAN Huntington Bancshares Inc. | New | 0.03% | +0.03 |
| PGX Invesco Preferred ETF | Add +0.8% | 1.44% | +0.02 |
| IBHH iShares Ibonds 2028 TM HY Inc. | Add +234.1% | 0.03% | +0.02 |
| DFAS Dimensional US Small Cap ETF | Add +2.4% | 0.38% | +0.02 |
| DFAX Dimensional World Ex US Core | Add +2.1% | 0.62% | +0.01 |
| IBDX iShares Ibonds Dec 2032 TC | Add +54.1% | 0.04% | +0.01 |
| JPST JPMorgan Ultra-Short Income | Add +10.8% | 0.22% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +6.3% | 0.13% | +0.01 |
| DIA SS SPDR Dow Jones Indus Avg | Add +51.9% | 0.02% | +0.01 |
| GIS General Mills Inc. | Add +0.8% | 0.09% | +0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Add +3.6% | 0.42% | +0.01 |
| DFIV Dimensional International Va | Add +2.6% | 0.29% | +0.01 |
| IBDZ ISHARESIBONDSDEC2034TMCORP | New | 0.01% | +0.01 |
| DGRW Wisdomtree U.S. Quality Divi | Add +19.1% | 0.04% | +0.01 |
| IBHF iShares Ibond 2026 HY & Inc. | Add +27.3% | 0.03% | +0.01 |
| MU Micron Technology Inc. | New | 0.01% | +0.01 |
| XEL Xcel Energy Inc. | Add +0.4% | 0.04% | +0.01 |
| SPBO SS SPDR P Corp. Bond ETF | New | 0.01% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.7% | 0.92% | +0.01 |
| BBUS JPMorgan Betabuilders US Equ | New | 0.01% | +0.01 |
| DIHP Dimensional International Hi | New | 0.01% | +0.01 |
| BWX SS SPDR BB Intl Treasury BD | New | 0.00% | +0.00 |
| IBTG iShares Ibonds Dec 2026 Term | Add +29.5% | 0.02% | +0.00 |
| SCHB Schwab US Broad Market ETF | Add +0.7% | 0.65% | +0.00 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +51.8% | 0.01% | +0.00 |
| JNJ Johnson & Johnson | Add +0.1% | 0.08% | +0.00 |
| DDWM Wisdomtree DY Inter Eq FD-US | New | 0.00% | +0.00 |
| TOTL SS Doubleline TR Tact ETF | Add +7.0% | 0.07% | +0.00 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +183.9% | 0.01% | +0.00 |
| DFEV Dimensional Emrg MRKT Val | New | 0.00% | +0.00 |
| IEI iShares 3-7 Year Treasury Bo | New | 0.00% | +0.00 |
| IBDY iShares Ibonds Dec 2033 Corp. | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 594 | $531.5M | SPIB, SPSB, VEA, BND, VTV |
| Q1 2026 | 582 | $472.7M | SPIB, SPSB, BND, VEA, VTV |
| Q4 2025 | 586 | $473.6M | SPIB, BND, SPSB, VTV, VEA |
| Q3 2025 | 590 | $455.5M | SPIB, BND, SPSB, VTV, VEA |
| Q2 2025 | 606 | $430.3M | SPIB, BND, SPSB, VTV, VEA |
| Q1 2025 | 756 | $414.7M | SPIB, BND, SPSB, VTV, VEA |
| Q4 2024 | 644 | $404.1M | SPIB, BND, SPSB, VTV, IVV |
| Q3 2024 | 613 | $421.8M | SPIB, BND, SPSB, VTV, VEA |
| Q2 2024 | 596 | $398.1M | SPIB, BND, SPSB, VTV, VEA |
| Q1 2024 | 595 | $397.6M | SPIB, BND, SPSB, VTV, VEA |