Cherry Tree Wealth Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 4, 2025), Cherry Tree Wealth Management, LLC reported 644 stock positions worth $404.1 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, 4.6%). Compared with Q3 2024, it opened 42 new positions, sold out of 11, added to 100 and reduced 98. The biggest buy was iShares Ibonds Dec 2028 ETF (IBDT, shares +18%) and the biggest sale an exit from iShares Ibonds Dec 2024 Term (IBDP).
- Most Recent 13F
- Q2 2026
- Location
- MINNETONKA, MN
- CIK
- 0001985414
- Portfolio Value
- $404.1M (Q4 2024)
- SEC Filing
- 0001985414-25-000001 ↗ filed Feb 4, 2025
Holdings Value
Holdings 644 stocks · $404.1M
| SPIB SS SPDR P Int C Corp. ETF | 5.51% | 679,885 | $22.3M | Reduce -1.0% |
| BND Vanguard Total Bond Market | 4.96% | 278,762 | $20.0M | Reduce -0.7% |
| SPSB SS SPDR P St C Corp. ETF | 4.58% | 619,278 | $18.5M | Add +0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.10% | 97,782 | $16.6M | Reduce -1.9% |
| IVV iShares Core S&P 500 ETF | 3.21% | 22,015 | $13.0M | Reduce -4.1% |
| VEA Vanguard Ftse Developed ETF | 3.19% | 269,602 | $12.9M | Reduce -0.2% |
| VYM Vanguard High DVD Yield ETF | 2.97% | 94,168 | $12.0M | Reduce -1.5% |
| DFAC Dimensional US Core Equity 2 | 2.85% | 332,680 | $11.5M | Reduce -3.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.81% | 57,326 | $11.4M | Reduce -0.6% |
| FLRN SS SPDR BB Ig Float RT ETF | 2.72% | 357,957 | $11.0M | Reduce -1.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.62% | 135,498 | $10.6M | Reduce -1.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.48% | 41,641 | $10.0M | Reduce -0.2% |
| BSV Vanguard Short-Term Bond ETF | 2.11% | 110,256 | $8.5M | Reduce -4.7% |
| VEU Vanguard Ftse All-World Ex-U | 2.09% | 146,997 | $8.4M | Reduce -0.7% |
| VTIP Vanguard Short-Term Tips | 1.87% | 155,659 | $7.5M | Reduce -5.3% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 1.81% | 220,409 | $7.3M | Reduce -0.8% |
| VYMI Vanguard Int High DVD YLD Inc. | 1.51% | 89,599 | $6.1M | Reduce -1.7% |
| DFUV Dimensional US Marketwide Va | 1.50% | 147,931 | $6.1M | Reduce -1.6% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 1.49% | 175,955 | $6.0M | Reduce -0.3% |
| PGX Invesco Preferred ETF | 1.42% | 495,872 | $5.7M | Add +0.8% |
| DFAT Dimensional US Target Value | 1.38% | 99,844 | $5.6M | Reduce -3.4% |
| VWO Vanguard Ftse Emerging Marke | 1.36% | 125,017 | $5.5M | Reduce -0.7% |
| SPLV Invesco S&P 500 Low Volatili | 1.35% | 78,063 | $5.5M | Reduce -6.4% |
| RSP Invesco S&P 500 Equal Weight | 1.31% | 30,257 | $5.3M | Add +13.4% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.29% | 209,977 | $5.2M | Add +18.1% |
| AVLV Avantis US Large Cap Value | 1.28% | 77,466 | $5.2M | Reduce -0.6% |
| VXUS Vanguard Total Intl Stock | 1.25% | 85,912 | $5.1M | Add +2.8% |
| VNQ Vanguard Real Estate ETF | 1.10% | 50,002 | $4.5M | Reduce -1.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.99% | 80,052 | $4.0M | Add +5.7% |
| IBDU iShares Ibonds Dec 2029 Term | 0.98% | 173,001 | $3.9M | Add +19.9% |
| AVEM Avantis Emerging Markets Eq | 0.97% | 66,932 | $3.9M | Reduce -1.0% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.96% | 161,568 | $3.9M | Add +6.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.92% | 12,803 | $3.7M | Reduce -6.2% |
| AAPL Apple Inc. | 0.88% | 14,239 | $3.6M | Add +1.8% |
| SCHF Schwab Intl Equity ETF | 0.84% | 183,431 | $3.4M | Reduce -0.4% |
| TITN Titan Machinery Inc. | 0.83% | 237,643 | $3.4M | No change |
| MSFT Microsoft Corp. | 0.82% | 7,850 | $3.3M | Reduce -0.7% |
| DFGR Dim Global Real Estate ETF | 0.79% | 124,790 | $3.2M | Add +3.6% |
| SCHB Schwab US Broad Market ETF | 0.69% | 123,549 | $2.8M | Reduce -0.8% |
| AVUV Avantis US Small Cap Value | 0.69% | 28,758 | $2.8M | Add +0.5% |
| AGG iShares Core U.S. Aggregate | 0.64% | 26,713 | $2.6M | Reduce -3.2% |
| DFAX Dimensional World Ex US Core | 0.60% | 98,175 | $2.4M | Add +1.6% |
| ITOT iShares Core S&P Total U.S. | 0.54% | 16,851 | $2.2M | Reduce -1.3% |
| VOO Vanguard S&P 500 ETF | 0.52% | 3,910 | $2.1M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.49% | 3,406 | $2.0M | Reduce -0.1% |
| VGIT Vanguard Intermediate-Term T | 0.45% | 31,693 | $1.8M | Reduce -22.5% |
| JEPI JPMorgan Equity Premium Inco | 0.45% | 31,480 | $1.8M | Reduce -3.6% |
| SCHZ Schwab US Aggregate Bond ETF | 0.42% | 75,334 | $1.7M | Reduce -0.1% |
| EMR Emerson Electric Co. | 0.42% | 13,544 | $1.7M | No change |
| DHS Wisdomtree US High Dividend | 0.41% | 17,581 | $1.6M | Reduce -1.9% |
| DFAS Dimensional US Small Cap ETF | 0.40% | 24,956 | $1.6M | Add +0.9% |
| DUHP Dimensional US High Profi Et | 0.39% | 46,207 | $1.6M | Add +16.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.37% | 3,649 | $1.5M | Reduce -1.8% |
| SCHX Schwab US Large-Cap ETF | 0.36% | 63,559 | $1.5M | Reduce -0.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.36% | 20,429 | $1.4M | Add +4.2% |
| VSS Vanguard Ftse All Wo X-US SC | 0.35% | 12,428 | $1.4M | Add +6.0% |
| USMV iShares MSCI USA Min Vol Fac | 0.32% | 14,458 | $1.3M | Reduce -5.3% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.31% | 58,045 | $1.2M | Add +11.8% |
| NVDA Nvidia Corp. | 0.30% | 9,164 | $1.2M | Reduce -2.7% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.29% | 47,352 | $1.2M | No change |
| LLY Eli Lilly & Co. | 0.29% | 1,531 | $1.2M | No change |
| IBDR iShares Ibonds Dec 2026 Term | 0.28% | 47,687 | $1.1M | Add +2.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.28% | 16,628 | $1.1M | Reduce -4.7% |
| SKOR NT Crdscr US Corp. BD ETF | 0.28% | 24,014 | $1.1M | Add +2.8% |
| DFIV Dimensional International Va | 0.28% | 32,207 | $1.1M | Add +0.1% |
| MUB iShares National Muni Bond E | 0.26% | 9,916 | $1.1M | No change |
| JPST JPMorgan Ultra-Short Income | 0.26% | 20,492 | $1.0M | Add +11.5% |
| MMM 3M Co. | 0.25% | 7,703 | $994K | Add +0.0% |
| ESGV Vanguard ESG US Stock ETF | 0.24% | 9,256 | $971K | Reduce -0.7% |
| DFCF Dimensional Core Fixed Inc. | 0.23% | 22,306 | $921K | Add +5.3% |
| MDT Medtronic PLC | 0.23% | 11,464 | $916K | Add +0.1% |
| PFF iShares Preferred & Income S | 0.22% | 28,789 | $905K | Add +2.2% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.21% | 41,485 | $844K | Add +13.7% |
| AXP American Express Co. | 0.19% | 2,637 | $783K | No change |
| IEMG iShares Core MSCI Emerging | 0.19% | 14,859 | $776K | Add +0.2% |
| JPM JPMorgan Chase & Co. | 0.19% | 3,169 | $760K | No change |
| USB US Bancorp | 0.17% | 14,166 | $678K | Reduce -3.4% |
| QUAL iShares MSCI USA Quality Fac | 0.17% | 3,757 | $669K | Add +5.7% |
| PG The Procter & Gamble Co. | 0.16% | 3,756 | $630K | Add +0.2% |
| DNP DNP Select Income Fund Inc. | 0.16% | 71,355 | $629K | Reduce -10.1% |
| IJR iShares Core S&P Small-Cap E | 0.15% | 5,429 | $626K | Add +19.0% |
| STPZ PIMCO 1-5 Year US Tips Index | 0.15% | 11,678 | $611K | Add +7.4% |
| IBTF iShares Ibonds Dec 2025 Term | 0.15% | 25,444 | $593K | Add +6.3% |
| GOOG Alphabet Inc. Class C | 0.14% | 3,017 | $575K | Add +5.2% |
| IXUS iShares Core Intl Stock ETF | 0.14% | 8,416 | $557K | Add +0.0% |
| VPU Vanguard Utilities ETF | 0.13% | 3,143 | $514K | No change |
| EFV iShares MSCI Eafe Value ETF | 0.13% | 9,669 | $507K | Reduce -2.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.12% | 6,636 | $502K | No change |
| IWM iShares Russell 2000 ETF | 0.12% | 2,270 | $502K | Reduce -12.6% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.12% | 9,484 | $490K | Reduce -1.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.12% | 1,816 | $490K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.12% | 2,493 | $488K | Reduce -7.6% |
| SHY iShares 1-3 Year Treasury Bo | 0.12% | 5,784 | $474K | No change |
| KMI Kinder Morgan Inc. | 0.12% | 17,137 | $470K | Reduce -5.5% |
| GDX Vaneck Gold Miners ETF | 0.11% | 13,472 | $457K | No change |
| LII Lennox International Inc. | 0.11% | 746 | $455K | Add +2.3% |
| SUB iShares Short-Term National | 0.11% | 4,255 | $449K | Reduce -7.5% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.11% | 7,645 | $443K | No change |
| UNH Unitedhealth Group Inc. | 0.11% | 871 | $440K | Add +6.9% |
| DFAE Dimensional Emerging Core Eq | 0.11% | 17,274 | $438K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| IBDP iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.46 |
| IBTE iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.37 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.2% | 3.19% | −0.19 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -0.8% | 1.81% | −0.16 |
| VGIT Vanguard Intermediate-Term T | Reduce -22.5% | 0.45% | −0.13 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.7% | 2.09% | −0.12 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Reduce -0.3% | 1.49% | −0.11 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -1.7% | 1.51% | −0.08 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.7% | 1.36% | −0.07 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -6.4% | 1.35% | −0.07 |
| VNQ Vanguard Real Estate ETF | Reduce -1.1% | 1.10% | −0.07 |
| AVEM Avantis Emerging Markets Eq | Reduce -1.0% | 0.97% | −0.06 |
| SCHF Schwab Intl Equity ETF | Reduce -0.4% | 0.84% | −0.06 |
| VTIP Vanguard Short-Term Tips | Reduce -5.3% | 1.87% | −0.06 |
| BSV Vanguard Short-Term Bond ETF | Reduce -4.7% | 2.11% | −0.05 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −0.04 |
| BND Vanguard Total Bond Market | Reduce -0.7% | 4.96% | −0.04 |
| DNP DNP Select Income Fund Inc. | Reduce -10.1% | 0.16% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.9% | 4.10% | −0.03 |
| AGG iShares Core U.S. Aggregate | Reduce -3.2% | 0.64% | −0.02 |
| FLOT iShares Floating Rate Bond E | Reduce -19.9% | 0.10% | −0.02 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -8.6% | 0.07% | −0.02 |
| CVS CVS Health Corp. | Reduce -72.6% | 0.00% | −0.02 |
| PSLV Sprott Physical Silver Trust | Reduce -14.7% | 0.07% | −0.01 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -7.5% | 0.11% | −0.01 |
| IWY iShares Russell Top 200 Grow | Reduce -42.0% | 0.02% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -5.3% | 0.32% | −0.01 |
| JEPI JPMorgan Equity Premium Inco | Reduce -3.6% | 0.45% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -12.6% | 0.12% | −0.01 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -57.5% | 0.01% | −0.01 |
| DLS Wisdomtree Intl S/C DVD Fund | Reduce -9.3% | 0.07% | −0.01 |
| ICLN iShares Global Clean Energy | Reduce -90.3% | 0.00% | −0.01 |
| NAT Nordic American Tankers Ltd. | Reduce -11.1% | 0.02% | −0.01 |
| EFV iShares MSCI Eafe Value ETF | Reduce -2.0% | 0.13% | −0.01 |
| SUSB iShares ESG Aware 1-5 Year U | Reduce -13.8% | 0.07% | −0.01 |
| IYW iShares Ustechnology ETF | Reduce -26.2% | 0.04% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -4.5% | 0.07% | −0.01 |
| HRL Hormel Foods Corp. | Reduce -9.8% | 0.11% | −0.01 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -34.1% | 0.02% | −0.01 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -23.4% | 0.03% | −0.01 |
| NUBD Nuveen ESG US Aggregate Bond | Reduce -6.1% | 0.09% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -7.6% | 0.12% | −0.01 |
| MU Micron Technology Inc. | Sold out | 0.00% | −0.01 |
| NKE Nike Inc. Class B | Reduce -8.7% | 0.02% | −0.00 |
| SUB iShares Short-Term National | Reduce -7.5% | 0.11% | −0.00 |
| SDY SS SPDR S&P Dividend ETF | Reduce -3.0% | 0.08% | −0.00 |
| MRK Merck & Co. Inc. | Reduce -3.9% | 0.03% | −0.00 |
| AMLIF American Lithium Corp. | Sold out | 0.00% | −0.00 |
| O Realty Income Corp. | Reduce -0.2% | 0.03% | −0.00 |
| INTC Intel Corp. | Reduce -45.2% | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| IBDT iShares Ibonds Dec 2028 ETF | Add +18.1% | 1.29% | +0.22 |
| RSP Invesco S&P 500 Equal Weight | Add +13.4% | 1.31% | +0.18 |
| IBDU iShares Ibonds Dec 2029 Term | Add +19.9% | 0.98% | +0.17 |
| SPSB SS SPDR P St C Corp. ETF | Add +0.1% | 4.58% | +0.13 |
| AAPL Apple Inc. | Add +1.8% | 0.88% | +0.11 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +6.6% | 0.96% | +0.08 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +5.7% | 0.99% | +0.08 |
| DUHP Dimensional US High Profi Et | Add +16.1% | 0.39% | +0.07 |
| EXE Expand Energy Corp. | New | 0.05% | +0.05 |
| AVUV Avantis US Small Cap Value | Add +0.5% | 0.69% | +0.04 |
| JPST JPMorgan Ultra-Short Income | Add +11.5% | 0.26% | +0.03 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +11.8% | 0.31% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +5.2% | 0.14% | +0.03 |
| IJR iShares Core S&P Small-Cap E | Add +19.0% | 0.15% | +0.03 |
| DIHP Dimensional International Hi | Add +589.7% | 0.03% | +0.03 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +13.7% | 0.21% | +0.03 |
| DFAS Dimensional US Small Cap ETF | Add +0.9% | 0.40% | +0.02 |
| AMZN Amazon.com Inc. | Add +0.9% | 0.10% | +0.02 |
| IBDR iShares Ibonds Dec 2026 Term | Add +2.1% | 0.28% | +0.01 |
| STPZ PIMCO 1-5 Year US Tips Index | Add +7.4% | 0.15% | +0.01 |
| QUAL iShares MSCI USA Quality Fac | Add +5.7% | 0.17% | +0.01 |
| IBTF iShares Ibonds Dec 2025 Term | Add +6.3% | 0.15% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +1.1% | 0.08% | +0.01 |
| SKOR NT Crdscr US Corp. BD ETF | Add +2.8% | 0.28% | +0.01 |
| DFCF Dimensional Core Fixed Inc. | Add +5.3% | 0.23% | +0.01 |
| TDTT NT Iboxx 3Y Dur Tips ETF | Add +8.2% | 0.10% | +0.01 |
| QCLN First Trust Nasdaq Clean Edg | New | 0.01% | +0.01 |
| LII Lennox International Inc. | Add +2.3% | 0.11% | +0.01 |
| VST Vistra Corp. | Add +2030.0% | 0.01% | +0.01 |
| AVDV Avantis Intl S/C Value ETF | Add +16.2% | 0.06% | +0.01 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +22.6% | 0.02% | +0.00 |
| IBTG iShares Ibonds Dec 2026 Term | Add +17.3% | 0.03% | +0.00 |
| MINT PIMCO Enhanced Short Maturit | New | 0.00% | +0.00 |
| IBHI iShares Ibonds 2029 TM HY Inc. | New | 0.00% | +0.00 |
| XEL Xcel Energy Inc. | Add +0.3% | 0.04% | +0.00 |
| IBDZ ISHARESIBONDSDEC2034TMCORP | Add +43.2% | 0.01% | +0.00 |
| DDWM Wisdomtree DY Inter Eq FD-US | Add +78.5% | 0.01% | +0.00 |
| AVGO Broadcom Inc. | Add +8.2% | 0.01% | +0.00 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +96.5% | 0.01% | +0.00 |
| DGRW Wisdomtree U.S. Quality Divi | Add +4.9% | 0.05% | +0.00 |
| META Meta Platforms Inc. Class A | Add +2.2% | 0.03% | +0.00 |
| IEI iShares 3-7 Year Treasury Bo | Add +78.9% | 0.01% | +0.00 |
| MCHI iShares MSCI China ETF | Add +78.2% | 0.01% | +0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +4.1% | 0.03% | +0.00 |
| SPOT Spotify Technology SA | New | 0.00% | +0.00 |
| IBDX iShares Ibonds Dec 2032 TC | Add +6.6% | 0.04% | +0.00 |
| SNPS Synopsys Inc. | Add +26.5% | 0.01% | +0.00 |
| IDV iShares International Select | Add +8.3% | 0.10% | +0.00 |
| VSS Vanguard Ftse All Wo X-US SC | Add +6.0% | 0.35% | +0.00 |
| PFF iShares Preferred & Income S | Add +2.2% | 0.22% | +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 |