Cherry Tree Wealth Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Cherry Tree Wealth Management, LLC reported 586 stock positions worth $473.6 million. Its top holding was SS SPDR P Int C Corp. ETF (SPIB) at 4.6% of the portfolio, followed by Vanguard Total Bond Market (BND, 4.3%) and SS SPDR P St C Corp. ETF (SPSB, 4.2%). Compared with Q3 2025, it opened 44 new positions, sold out of 50, added to 115 and reduced 110. The biggest buy was a new position in Cambria US Ew ETF (USEW) and the biggest sale SS SPDR P Int C Corp. ETF (SPIB, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- MINNETONKA, MN
- CIK
- 0001985414
- Portfolio Value
- $473.6M (Q4 2025)
- SEC Filing
- 0001985414-26-000001 ↗ filed Feb 10, 2026
Holdings Value
Holdings 586 stocks · $473.6M
| SPIB SS SPDR P Int C Corp. ETF | 4.59% | 642,325 | $21.7M | Reduce -3.4% |
| BND Vanguard Total Bond Market | 4.26% | 272,186 | $20.2M | Add +1.1% |
| SPSB SS SPDR P St C Corp. ETF | 4.24% | 665,617 | $20.1M | Add +3.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.99% | 98,869 | $18.9M | Reduce -0.2% |
| VEA Vanguard Ftse Developed ETF | 3.95% | 299,201 | $18.7M | Add +3.1% |
| IVV iShares Core S&P 500 ETF | 3.50% | 24,215 | $16.6M | Add +3.5% |
| VYM Vanguard High DVD Yield ETF | 2.79% | 92,056 | $13.2M | Add +0.3% |
| FLRN SS SPDR BB Ig Float RT ETF | 2.76% | 425,842 | $13.1M | Add +2.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.62% | 58,605 | $12.4M | Add +0.3% |
| DFAC Dimensional US Core Equity 2 | 2.60% | 311,253 | $12.3M | Reduce -1.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.59% | 47,621 | $12.3M | Add +4.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.30% | 136,840 | $10.9M | Add +0.2% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 2.22% | 232,481 | $10.5M | Add +1.3% |
| VEU Vanguard Ftse All-World Ex-U | 2.20% | 141,377 | $10.4M | Reduce -0.2% |
| BSV Vanguard Short-Term Bond ETF | 2.16% | 129,556 | $10.2M | Add +8.1% |
| VTIP Vanguard Short-Term Tips | 1.84% | 176,041 | $8.7M | Add +4.8% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 1.71% | 181,745 | $8.1M | Add +1.2% |
| VYMI Vanguard Int High DVD YLD Inc. | 1.68% | 88,492 | $8.0M | Add +1.1% |
| AVLV Avantis US Large Cap Value | 1.68% | 104,962 | $8.0M | Add +6.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.54% | 145,291 | $7.3M | Add +23.4% |
| VWO Vanguard Ftse Emerging Marke | 1.44% | 127,220 | $6.8M | Add +4.8% |
| VXUS Vanguard Total Intl Stock | 1.37% | 85,988 | $6.5M | Reduce -0.8% |
| RSP Invesco S&P 500 Equal Weight | 1.33% | 33,003 | $6.3M | Add +8.1% |
| DFUV Dimensional US Marketwide Va | 1.29% | 130,859 | $6.1M | Reduce -8.3% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.25% | 232,602 | $5.9M | Add +5.3% |
| AVEM Avantis Emerging Markets Eq | 1.22% | 74,719 | $5.8M | Add +1.4% |
| DFAT Dimensional US Target Value | 1.14% | 90,558 | $5.4M | Reduce -0.7% |
| SPLV Invesco S&P 500 Low Volatili | 1.01% | 66,931 | $4.8M | Reduce -6.1% |
| SCHF Schwab Intl Equity ETF | 1.01% | 198,129 | $4.8M | Add +2.7% |
| IBDU iShares Ibonds Dec 2029 Term | 0.97% | 196,247 | $4.6M | Add +0.4% |
| VNQ Vanguard Real Estate ETF | 0.97% | 51,804 | $4.6M | Add +1.8% |
| DUHP Dimensional US High Profi Et | 0.96% | 119,578 | $4.5M | Add +15.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.93% | 13,134 | $4.4M | Reduce -4.0% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.89% | 174,049 | $4.2M | Add +1.3% |
| DFGR Dim Global Real Estate ETF | 0.84% | 150,546 | $4.0M | Add +3.9% |
| MSFT Microsoft Corp. | 0.81% | 7,977 | $3.9M | Add +4.7% |
| TITN Titan Machinery Inc. | 0.77% | 242,039 | $3.6M | No change |
| AVUV Avantis US Small Cap Value | 0.77% | 35,623 | $3.6M | Add +5.5% |
| AAPL Apple Inc. | 0.76% | 13,283 | $3.6M | Add +1.9% |
| DFAX Dimensional World Ex US Core | 0.76% | 109,856 | $3.6M | Add +2.0% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.76% | 47,459 | $3.6M | Add +23.8% |
| VOO Vanguard S&P 500 ETF | 0.73% | 5,534 | $3.5M | Add +0.2% |
| SCHB Schwab US Broad Market ETF | 0.65% | 116,680 | $3.1M | Add +0.4% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.61% | 28,172 | $2.9M | Reduce -3.2% |
| JEPI JPMorgan Equity Premium Inco | 0.59% | 49,064 | $2.8M | Reduce -0.0% |
| DFCF Dimensional Core Fixed Inc. | 0.53% | 58,654 | $2.5M | Add +260.9% |
| ITOT iShares Core S&P Total U.S. | 0.52% | 16,497 | $2.5M | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.49% | 3,373 | $2.3M | Reduce -0.8% |
| AGG iShares Core U.S. Aggregate | 0.46% | 21,772 | $2.2M | Reduce -15.4% |
| USEW Cambria US Ew ETF | 0.43% | 39,965 | $2.0M | New |
| DFAS Dimensional US Small Cap ETF | 0.39% | 26,232 | $1.8M | Reduce -0.9% |
| NVDA Nvidia Corp. | 0.38% | 9,564 | $1.8M | Add +28.6% |
| JPST JPMorgan Ultra-Short Income | 0.37% | 34,874 | $1.8M | Add +36.7% |
| DHS Wisdomtree US High Dividend | 0.37% | 17,110 | $1.7M | Reduce -0.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.37% | 3,559 | $1.7M | Add +2.6% |
| VGIT Vanguard Intermediate-Term T | 0.36% | 28,572 | $1.7M | Reduce -0.7% |
| SCHX Schwab US Large-Cap ETF | 0.35% | 62,071 | $1.7M | Add +0.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.35% | 18,342 | $1.6M | No change |
| LLY Eli Lilly & Co. | 0.34% | 1,516 | $1.6M | Reduce -0.7% |
| SCHZ Schwab US Aggregate Bond ETF | 0.34% | 68,842 | $1.6M | Reduce -8.0% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.34% | 72,760 | $1.6M | Add +5.5% |
| DFIV Dimensional International Va | 0.34% | 32,170 | $1.6M | Reduce -0.5% |
| EMR Emerson Electric Co. | 0.34% | 12,067 | $1.6M | Reduce -8.2% |
| VSS Vanguard Ftse All Wo X-US SC | 0.34% | 11,113 | $1.6M | Add +1.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.27% | 16,125 | $1.3M | Add +2.9% |
| USMV iShares MSCI USA Min Vol Fac | 0.27% | 13,373 | $1.3M | Reduce -2.2% |
| VRP Invesco Variable Rate Prefer | 0.24% | 47,325 | $1.2M | Reduce -38.7% |
| MMM 3M Co. | 0.24% | 7,165 | $1.1M | Reduce -4.5% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.24% | 52,736 | $1.1M | Add +4.9% |
| GOOGL Alphabet Inc. Class A | 0.23% | 3,514 | $1.1M | Add +121.7% |
| IWM iShares Russell 2000 ETF | 0.23% | 4,397 | $1.1M | Add +93.2% |
| MDT Medtronic PLC | 0.23% | 11,114 | $1.1M | Reduce -3.0% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.22% | 17,679 | $1.0M | Reduce -2.1% |
| IBDR iShares Ibonds Dec 2026 Term | 0.21% | 40,574 | $983K | Add +11.0% |
| ESGV Vanguard ESG US Stock ETF | 0.20% | 7,870 | $952K | Add +0.1% |
| SKOR NT Crdscr US Corp. BD ETF | 0.20% | 19,333 | $950K | Reduce -2.2% |
| JPM JPMorgan Chase & Co. | 0.19% | 2,848 | $918K | Reduce -2.4% |
| AXP American Express Co. | 0.19% | 2,480 | $917K | Reduce -6.3% |
| IEMG iShares Core MSCI Emerging | 0.19% | 13,619 | $915K | Reduce -0.0% |
| PGX Invesco Preferred ETF | 0.17% | 69,602 | $782K | Reduce -17.5% |
| QUAL iShares MSCI USA Quality Fac | 0.17% | 3,935 | $782K | Add +0.6% |
| GOOG Alphabet Inc. Class C | 0.16% | 2,449 | $768K | Reduce -0.5% |
| EFV iShares MSCI Eafe Value ETF | 0.15% | 10,031 | $716K | Add +4.3% |
| STPZ PIMCO 1-5 Year US Tips Index | 0.15% | 13,279 | $713K | Add +14.1% |
| IXUS iShares Core Intl Stock ETF | 0.15% | 8,299 | $702K | Reduce -1.6% |
| DISV Dimensional International SM | 0.15% | 18,175 | $691K | Add +4.1% |
| GDX Vaneck Gold Miners ETF | 0.15% | 8,035 | $689K | Reduce -0.0% |
| PG The Procter & Gamble Co. | 0.12% | 4,101 | $588K | Add +11.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.12% | 1,792 | $564K | No change |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.12% | 17,173 | $562K | Add +1.0% |
| DFAE Dimensional Emerging Core Eq | 0.12% | 16,966 | $553K | No change |
| TSLA Tesla Inc. | 0.12% | 1,212 | $545K | Add +6278.9% |
| VIG Vanguard Dividend Apprec ETF | 0.11% | 2,472 | $543K | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.11% | 12,542 | $535K | No change |
| FTEC Fidelity MSCI Info Tech Indx | 0.11% | 2,365 | $531K | New |
| AMZN Amazon.com Inc. | 0.11% | 2,293 | $529K | Add +59.6% |
| IBDX iShares Ibonds Dec 2032 TC | 0.11% | 19,562 | $499K | Add +18.1% |
| IDV iShares International Select | 0.11% | 12,659 | $499K | No change |
| USB US Bancorp | 0.10% | 9,267 | $494K | Reduce -14.7% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.10% | 7,645 | $490K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| SPIB SS SPDR P Int C Corp. ETF | Reduce -3.4% | 4.59% | −0.36 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.25 |
| VRP Invesco Variable Rate Prefer | Reduce -38.7% | 0.24% | −0.18 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -6.1% | 1.01% | −0.14 |
| DFUV Dimensional US Marketwide Va | Reduce -8.3% | 1.29% | −0.11 |
| AGG iShares Core U.S. Aggregate | Reduce -15.4% | 0.46% | −0.11 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.11 |
| DFAC Dimensional US Core Equity 2 | Reduce -1.8% | 2.60% | −0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.2% | 3.99% | −0.07 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -4.0% | 0.93% | −0.06 |
| PGX Invesco Preferred ETF | Reduce -17.5% | 0.17% | −0.05 |
| TROW T Rowe Price Group Inc. | Reduce -3.2% | 0.61% | −0.05 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -8.0% | 0.34% | −0.05 |
| EMR Emerson Electric Co. | Reduce -8.2% | 0.34% | −0.04 |
| SAND Sandstorm Gold Ltd. | Sold out | 0.00% | −0.03 |
| PFF iShares Preferred & Income S | Reduce -50.4% | 0.03% | −0.03 |
| VXUS Vanguard Total Intl Stock | Reduce -0.8% | 1.37% | −0.03 |
| OEF iShares S&P 100 ETF | Reduce -25.1% | 0.08% | −0.03 |
| GGG Graco Inc. | Reduce -26.4% | 0.06% | −0.03 |
| DFAT Dimensional US Target Value | Reduce -0.7% | 1.14% | −0.03 |
| SUSB iShares ESG Aware 1-5 Year U | Reduce -41.8% | 0.03% | −0.03 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.2% | 2.20% | −0.02 |
| NUBD Nuveen ESG US Aggregate Bond | Reduce -32.4% | 0.04% | −0.02 |
| JEPI JPMorgan Equity Premium Inco | Reduce -0.0% | 0.59% | −0.02 |
| PFE Pfizer Inc. | Reduce -63.8% | 0.01% | −0.02 |
| UNP Union Pacific Corp. | Reduce -99.0% | 0.00% | −0.02 |
| GIS General Mills Inc. | Reduce -28.3% | 0.03% | −0.02 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -2.2% | 0.27% | −0.02 |
| QDEF NT Qual Div Def ETF | Reduce -94.9% | 0.00% | −0.02 |
| VGIT Vanguard Intermediate-Term T | Reduce -0.7% | 0.36% | −0.02 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -19.3% | 0.05% | −0.02 |
| ITOT iShares Core S&P Total U.S. | Reduce -1.1% | 0.52% | −0.02 |
| WPC WP Carey Inc. | Reduce -15.0% | 0.05% | −0.02 |
| MDT Medtronic PLC | Reduce -3.0% | 0.23% | −0.01 |
| IBHE iShares Ibonds 2025 H/Y Inc. | Sold out | 0.00% | −0.01 |
| MMM 3M Co. | Reduce -4.5% | 0.24% | −0.01 |
| SKOR NT Crdscr US Corp. BD ETF | Reduce -2.2% | 0.20% | −0.01 |
| XLP SS Consumer Staples Sel Sect | Reduce -20.8% | 0.04% | −0.01 |
| DFAS Dimensional US Small Cap ETF | Reduce -0.9% | 0.39% | −0.01 |
| CARR Carrier Global Corp. | Sold out | 0.00% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.8% | 0.49% | −0.01 |
| DHS Wisdomtree US High Dividend | Reduce -0.3% | 0.37% | −0.01 |
| NKE Nike Inc. Class B | Reduce -60.7% | 0.01% | −0.01 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -2.1% | 0.22% | −0.01 |
| USB US Bancorp | Reduce -14.7% | 0.10% | −0.01 |
| ALE Allete Inc. | Sold out | 0.00% | −0.01 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -19.0% | 0.03% | −0.01 |
| ORCL Oracle Corp. | Reduce -11.1% | 0.02% | −0.01 |
| SUB iShares Short-Term National | Reduce -5.8% | 0.09% | −0.01 |
| NFLX Netflix Inc. | Reduce -0.7% | 0.03% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| USEW Cambria US Ew ETF | New | 0.43% | +0.43 |
| DFCF Dimensional Core Fixed Inc. | Add +260.9% | 0.53% | +0.37 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +23.4% | 1.54% | +0.25 |
| GOOGL Alphabet Inc. Class A | Add +121.7% | 0.23% | +0.15 |
| VEA Vanguard Ftse Developed ETF | Add +3.1% | 3.95% | +0.13 |
| VBIL Vanguard 0-3M T-Bill ETF | Add +23.8% | 0.76% | +0.12 |
| AVLV Avantis US Large Cap Value | Add +6.3% | 1.68% | +0.11 |
| TSLA Tesla Inc. | Add +6278.9% | 0.12% | +0.11 |
| FTEC Fidelity MSCI Info Tech Indx | New | 0.11% | +0.11 |
| IWM iShares Russell 2000 ETF | Add +93.2% | 0.23% | +0.11 |
| DUHP Dimensional US High Profi Et | Add +15.6% | 0.96% | +0.10 |
| JPST JPMorgan Ultra-Short Income | Add +36.7% | 0.37% | +0.09 |
| FHLC Fidelity MSCI Health Care | New | 0.08% | +0.08 |
| BSV Vanguard Short-Term Bond ETF | Add +8.1% | 2.16% | +0.08 |
| NVDA Nvidia Corp. | Add +28.6% | 0.38% | +0.07 |
| IVV iShares Core S&P 500 ETF | Add +3.5% | 3.50% | +0.06 |
| RSP Invesco S&P 500 Equal Weight | Add +8.1% | 1.33% | +0.06 |
| FSTA Fidelity MSCI Cons Stap Indx | New | 0.06% | +0.06 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +1.3% | 2.22% | +0.05 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +1.1% | 1.68% | +0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +4.4% | 2.59% | +0.05 |
| ABT Abbott Laboratories | Add +749.6% | 0.05% | +0.05 |
| AMZN Amazon.com Inc. | Add +59.6% | 0.11% | +0.04 |
| RGLD Royal Gold Inc. | New | 0.04% | +0.04 |
| AAPL Apple Inc. | Add +1.9% | 0.76% | +0.03 |
| AVUV Avantis US Small Cap Value | Add +5.5% | 0.77% | +0.03 |
| KO The Coca-Cola Co. | Add +118.3% | 0.04% | +0.02 |
| SCHF Schwab Intl Equity ETF | Add +2.7% | 1.01% | +0.02 |
| CAT Caterpillar Inc. | Add +22.5% | 0.07% | +0.02 |
| DFAX Dimensional World Ex US Core | Add +2.0% | 0.76% | +0.02 |
| VTEC Vanguard Ca Tax-Ex Bond | New | 0.02% | +0.02 |
| IGIB iShares 5-10Y Inv Grade Corp. | New | 0.01% | +0.01 |
| IFRA iShares US Infrastructure | New | 0.01% | +0.01 |
| DJD Invesco Dow Jones Industrial | New | 0.01% | +0.01 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +5.3% | 1.25% | +0.01 |
| ACN Accenture PLC Class A | Add +803.6% | 0.01% | +0.01 |
| IBDY iShares Ibonds Dec 2033 Corp. | Add +30.2% | 0.06% | +0.01 |
| MINT PIMCO Enhanced Short Maturit | New | 0.01% | +0.01 |
| IBDR iShares Ibonds Dec 2026 Term | Add +11.0% | 0.21% | +0.01 |
| PXI Invesco Dorsey Wright Energy | New | 0.01% | +0.01 |
| IBDX iShares Ibonds Dec 2032 TC | Add +18.1% | 0.11% | +0.01 |
| STPZ PIMCO 1-5 Year US Tips Index | Add +14.1% | 0.15% | +0.01 |
| AMD Advanced Micro Devices | Add +2250.0% | 0.01% | +0.01 |
| PAYX Paychex Inc. | New | 0.01% | +0.01 |
| ITA iShares U.S. Aerospace & Def | New | 0.01% | +0.01 |
| DISV Dimensional International SM | Add +4.1% | 0.15% | +0.01 |
| CSCO Cisco Systems Inc. | Add +26.6% | 0.03% | +0.01 |
| IBTI iShares Ibonds Dec 2028 Term | Add +46.7% | 0.03% | +0.01 |
| XOM Exxon Mobil Corp. | Add +17.8% | 0.05% | +0.01 |
| EFV iShares MSCI Eafe Value ETF | Add +4.3% | 0.15% | +0.01 |
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 |