Cherry Tree Wealth Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 5, 2026), Cherry Tree Wealth Management, LLC reported 582 stock positions worth $472.7 million. Its top holding was SS SPDR P Int C Corp. ETF (SPIB) at 4.6% of the portfolio, followed by SS SPDR P St C Corp. ETF (SPSB, 4.5%) and Vanguard Total Bond Market (BND, 4.4%). Compared with Q4 2025, it opened 18 new positions, sold out of 23, added to 79 and reduced 110. The biggest buy was Dimensional Core Fixed (DFCF, shares +44%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- MINNETONKA, MN
- CIK
- 0001985414
- Portfolio Value
- $472.7M (Q1 2026)
- SEC Filing
- 0001985414-26-000003 ↗ filed May 5, 2026
Holdings Value
Holdings 582 stocks · $472.7M
| SPIB SS SPDR P Int C Corp. ETF | 4.61% | 650,076 | $21.8M | Add +1.2% |
| SPSB SS SPDR P St C Corp. ETF | 4.46% | 701,304 | $21.1M | Add +5.4% |
| BND Vanguard Total Bond Market | 4.37% | 280,718 | $20.7M | Add +3.1% |
| VEA Vanguard Ftse Developed ETF | 4.09% | 301,466 | $19.3M | Add +0.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.91% | 94,311 | $18.5M | Reduce -4.6% |
| IVV iShares Core S&P 500 ETF | 3.29% | 23,843 | $15.6M | Reduce -1.5% |
| VYM Vanguard High DVD Yield ETF | 2.86% | 91,306 | $13.5M | Reduce -0.8% |
| FLRN SS SPDR BB Ig Float RT ETF | 2.84% | 435,946 | $13.4M | Add +2.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.66% | 48,052 | $12.6M | Add +0.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.58% | 56,142 | $12.2M | Reduce -4.2% |
| DFAC Dimensional US Core Equity 2 | 2.50% | 303,985 | $11.8M | Reduce -2.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.32% | 138,456 | $11.0M | Add +1.2% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 2.30% | 222,204 | $10.9M | Reduce -4.4% |
| BSV Vanguard Short-Term Bond ETF | 2.21% | 133,440 | $10.5M | Add +3.0% |
| VEU Vanguard Ftse All-World Ex-U | 2.21% | 139,109 | $10.4M | Reduce -1.6% |
| VTIP Vanguard Short-Term Tips | 2.00% | 189,272 | $9.5M | Add +7.5% |
| AVLV Avantis US Large Cap Value | 1.81% | 106,085 | $8.6M | Add +1.1% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 1.77% | 180,312 | $8.4M | Reduce -0.8% |
| VYMI Vanguard Int High DVD YLD Inc. | 1.75% | 87,939 | $8.3M | Reduce -0.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.53% | 144,914 | $7.2M | Reduce -0.3% |
| VWO Vanguard Ftse Emerging Marke | 1.41% | 123,678 | $6.7M | Reduce -2.8% |
| VXUS Vanguard Total Intl Stock | 1.37% | 84,214 | $6.5M | Reduce -2.1% |
| RSP Invesco S&P 500 Equal Weight | 1.37% | 33,692 | $6.5M | Add +2.1% |
| DFUV Dimensional US Marketwide Va | 1.33% | 129,946 | $6.3M | Reduce -0.7% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.25% | 233,386 | $5.9M | Add +0.3% |
| AVEM Avantis Emerging Markets Eq | 1.25% | 73,251 | $5.9M | Reduce -2.0% |
| DFAT Dimensional US Target Value | 1.17% | 88,565 | $5.5M | Reduce -2.2% |
| SCHF Schwab Intl Equity ETF | 1.04% | 198,670 | $4.9M | Add +0.3% |
| VNQ Vanguard Real Estate ETF | 1.02% | 54,227 | $4.8M | Add +4.7% |
| SPLV Invesco S&P 500 Low Volatili | 0.99% | 63,911 | $4.7M | Reduce -4.5% |
| DUHP Dimensional US High Profi Et | 0.96% | 123,935 | $4.6M | Add +3.6% |
| IBDU iShares Ibonds Dec 2029 Term | 0.96% | 195,635 | $4.6M | Reduce -0.3% |
| DFGR Dim Global Real Estate ETF | 0.89% | 157,447 | $4.2M | Add +4.6% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.88% | 171,193 | $4.1M | Reduce -1.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.87% | 12,883 | $4.1M | Reduce -1.9% |
| TITN Titan Machinery Inc. | 0.87% | 245,510 | $4.1M | Add +1.4% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.84% | 52,764 | $4.0M | Add +11.2% |
| AVUV Avantis US Small Cap Value | 0.84% | 35,902 | $4.0M | Add +0.8% |
| DFAX Dimensional World Ex US Core | 0.79% | 109,860 | $3.7M | Add +0.0% |
| DFCF Dimensional Core Fixed Inc. | 0.76% | 84,723 | $3.6M | Add +44.5% |
| AAPL Apple Inc. | 0.70% | 13,096 | $3.3M | Reduce -1.4% |
| VOO Vanguard S&P 500 ETF | 0.69% | 5,461 | $3.3M | Reduce -1.3% |
| MSFT Microsoft Corp. | 0.63% | 7,985 | $3.0M | Add +0.1% |
| SCHB Schwab US Broad Market ETF | 0.61% | 114,088 | $2.9M | Reduce -2.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.54% | 28,172 | $2.5M | No change |
| JEPI JPMorgan Equity Premium Inco | 0.50% | 41,859 | $2.4M | Reduce -14.7% |
| ITOT iShares Core S&P Total U.S. | 0.48% | 15,877 | $2.3M | Reduce -3.8% |
| AGG iShares Core U.S. Aggregate | 0.47% | 22,186 | $2.2M | Add +1.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.43% | 3,128 | $2.0M | Reduce -7.3% |
| USEW Cambria US Ew ETF | 0.41% | 39,965 | $2.0M | No change |
| JPST JPMorgan Ultra-Short Income | 0.41% | 38,041 | $1.9M | Add +9.1% |
| DFAS Dimensional US Small Cap ETF | 0.40% | 26,314 | $1.9M | Add +0.3% |
| SCHX Schwab US Large-Cap ETF | 0.39% | 72,174 | $1.9M | Add +16.3% |
| DHS Wisdomtree US High Dividend | 0.38% | 16,504 | $1.8M | Reduce -3.5% |
| VGIT Vanguard Intermediate-Term T | 0.37% | 29,709 | $1.8M | Add +4.0% |
| DFIV Dimensional International Va | 0.36% | 31,854 | $1.7M | Reduce -1.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.35% | 18,327 | $1.7M | Reduce -0.1% |
| IBDV iShares Ibonds Dec 2030 Corp. | 0.35% | 74,620 | $1.6M | Add +2.6% |
| NVDA Nvidia Corp. | 0.33% | 9,070 | $1.6M | Reduce -5.2% |
| EMR Emerson Electric Co. | 0.33% | 12,067 | $1.6M | No change |
| SCHZ Schwab US Aggregate Bond ETF | 0.33% | 67,790 | $1.6M | Reduce -1.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.33% | 3,550 | $1.6M | Reduce -0.3% |
| VSS Vanguard Ftse All Wo X-US SC | 0.31% | 9,914 | $1.4M | Reduce -10.8% |
| LLY Eli Lilly & Co. | 0.30% | 1,518 | $1.4M | Add +0.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.26% | 16,125 | $1.2M | No change |
| USMV iShares MSCI USA Min Vol Fac | 0.26% | 13,187 | $1.2M | Reduce -1.4% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.24% | 54,319 | $1.1M | Add +3.0% |
| IWM iShares Russell 2000 ETF | 0.23% | 4,397 | $1.1M | No change |
| GOOGL Alphabet Inc. Class A | 0.21% | 3,438 | $989K | Reduce -2.2% |
| MMM 3M Co. | 0.21% | 6,800 | $988K | Reduce -5.1% |
| IEMG iShares Core MSCI Emerging | 0.19% | 13,145 | $917K | Reduce -3.5% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.19% | 16,205 | $900K | Reduce -8.3% |
| ESGV Vanguard ESG US Stock ETF | 0.19% | 7,803 | $876K | Reduce -0.8% |
| SKOR NT Crdscr US Corp. BD ETF | 0.18% | 17,343 | $843K | Reduce -10.3% |
| QUAL iShares MSCI USA Quality Fac | 0.16% | 3,935 | $755K | No change |
| AXP American Express Co. | 0.16% | 2,480 | $750K | No change |
| EFV iShares MSCI Eafe Value ETF | 0.15% | 9,835 | $731K | Reduce -1.9% |
| MDT Medtronic PLC | 0.15% | 8,364 | $725K | Reduce -24.7% |
| GOOG Alphabet Inc. Class C | 0.15% | 2,508 | $719K | Add +2.4% |
| STPZ PIMCO 1-5 Year US Tips Index | 0.15% | 13,219 | $715K | Reduce -0.5% |
| IXUS iShares Core Intl Stock ETF | 0.15% | 8,233 | $713K | Reduce -0.8% |
| IBDR iShares Ibonds Dec 2026 Term | 0.15% | 29,370 | $712K | Reduce -27.6% |
| PGX Invesco Preferred ETF | 0.15% | 65,126 | $709K | Reduce -6.4% |
| DISV Dimensional International SM | 0.14% | 16,833 | $664K | Reduce -7.4% |
| VRP Invesco Variable Rate Prefer | 0.14% | 27,067 | $649K | Reduce -42.8% |
| FTEC Fidelity MSCI Info Tech Indx | 0.13% | 2,933 | $610K | Add +24.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.12% | 12,618 | $579K | Add +0.6% |
| DFAE Dimensional Emerging Core Eq | 0.12% | 16,805 | $569K | Reduce -0.9% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.12% | 17,065 | $562K | Reduce -0.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.11% | 1,792 | $536K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.11% | 2,472 | $532K | No change |
| PG The Procter & Gamble Co. | 0.11% | 3,630 | $524K | Reduce -11.5% |
| IBDX iShares Ibonds Dec 2032 TC | 0.11% | 20,471 | $517K | Add +4.7% |
| IDV iShares International Select | 0.11% | 11,875 | $505K | Reduce -6.2% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.10% | 7,548 | $489K | Reduce -1.3% |
| VPU Vanguard Utilities ETF | 0.10% | 2,455 | $486K | Reduce -1.4% |
| AMZN Amazon.com Inc. | 0.10% | 2,304 | $480K | Add +0.5% |
| SHY iShares 1-3 Year Treasury Bo | 0.10% | 5,784 | $478K | No change |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.10% | 9,048 | $476K | Add +0.5% |
| IJR iShares Core S&P Small-Cap E | 0.10% | 3,754 | $467K | No change |
Portfolio Sells Q4 2025 → Q1 2026
| IVV iShares Core S&P 500 ETF | Reduce -1.5% | 3.29% | −0.21 |
| GDX Vaneck Gold Miners ETF | Reduce -93.3% | 0.01% | −0.14 |
| JPM JPMorgan Chase & Co. | Reduce -58.9% | 0.07% | −0.12 |
| VRP Invesco Variable Rate Prefer | Reduce -42.8% | 0.14% | −0.11 |
| DFAC Dimensional US Core Equity 2 | Reduce -2.3% | 2.50% | −0.10 |
| JEPI JPMorgan Equity Premium Inco | Reduce -14.7% | 0.50% | −0.09 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -4.6% | 3.91% | −0.07 |
| MDT Medtronic PLC | Reduce -24.7% | 0.15% | −0.07 |
| AAPL Apple Inc. | Reduce -1.4% | 0.70% | −0.06 |
| IBDR iShares Ibonds Dec 2026 Term | Reduce -27.6% | 0.15% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.9% | 0.87% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -7.3% | 0.43% | −0.06 |
| DNP DNP Select Income Fund Inc. | Reduce -84.8% | 0.01% | −0.05 |
| PSLV Sprott Physical Silver Trust | Reduce -65.7% | 0.02% | −0.04 |
| KMI Kinder Morgan Inc. | Reduce -96.9% | 0.00% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -1.3% | 0.69% | −0.04 |
| NVDA Nvidia Corp. | Reduce -5.2% | 0.33% | −0.04 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -4.2% | 2.58% | −0.04 |
| SCHB Schwab US Broad Market ETF | Reduce -2.2% | 0.61% | −0.04 |
| ITOT iShares Core S&P Total U.S. | Reduce -3.8% | 0.48% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.3% | 0.33% | −0.04 |
| RGLD Royal Gold Inc. | Sold out | 0.00% | −0.04 |
| MMM 3M Co. | Reduce -5.1% | 0.21% | −0.03 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -10.8% | 0.31% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Reduce -2.8% | 1.41% | −0.03 |
| JNJ Johnson & Johnson | Reduce -45.0% | 0.05% | −0.03 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -8.3% | 0.19% | −0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -2.2% | 0.21% | −0.02 |
| SRE Sempra | Reduce -95.5% | 0.00% | −0.02 |
| SKOR NT Crdscr US Corp. BD ETF | Reduce -10.3% | 0.18% | −0.02 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -4.5% | 0.99% | −0.02 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −0.02 |
| T AT&T Inc. | Reduce -67.7% | 0.01% | −0.02 |
| FPI Farmland Partners Inc. | Sold out | 0.00% | −0.02 |
| MUB iShares National Muni Bond E | Reduce -18.6% | 0.07% | −0.02 |
| ESGV Vanguard ESG US Stock ETF | Reduce -0.8% | 0.19% | −0.02 |
| PGX Invesco Preferred ETF | Reduce -6.4% | 0.15% | −0.02 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -1.6% | 0.88% | −0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -0.3% | 1.53% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -11.5% | 0.11% | −0.01 |
| TDTT NT Iboxx 3Y Dur Tips ETF | Reduce -15.6% | 0.07% | −0.01 |
| IWP iShares Russell Mid-Cap Grow | Reduce -8.0% | 0.08% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -9.5% | 0.08% | −0.01 |
| DFAI Dimensional International Co. | Reduce -14.5% | 0.08% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -3.6% | 0.04% | −0.01 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -16.1% | 0.09% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -74.2% | 0.00% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.01 |
| MCD McDonald's Corp. | Reduce -17.2% | 0.05% | −0.01 |
| ETH Grayscale Ethereum Staking M | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| DFCF Dimensional Core Fixed Inc. | Add +44.5% | 0.76% | +0.23 |
| SPSB SS SPDR P St C Corp. ETF | Add +5.4% | 4.46% | +0.22 |
| VTIP Vanguard Short-Term Tips | Add +7.5% | 2.00% | +0.16 |
| VEA Vanguard Ftse Developed ETF | Add +0.8% | 4.09% | +0.14 |
| AVLV Avantis US Large Cap Value | Add +1.1% | 1.81% | +0.13 |
| BND Vanguard Total Bond Market | Add +3.1% | 4.37% | +0.12 |
| TITN Titan Machinery Inc. | Add +1.4% | 0.87% | +0.10 |
| VBIL Vanguard 0-3M T-Bill ETF | Add +11.2% | 0.84% | +0.09 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +2.4% | 2.84% | +0.08 |
| AVUV Avantis US Small Cap Value | Add +0.8% | 0.84% | +0.07 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.9% | 2.66% | +0.07 |
| VSDM Vanguard Short Tax-Ex Bond | New | 0.06% | +0.06 |
| BSV Vanguard Short-Term Bond ETF | Add +3.0% | 2.21% | +0.06 |
| VNQ Vanguard Real Estate ETF | Add +4.7% | 1.02% | +0.05 |
| DFGR Dim Global Real Estate ETF | Add +4.6% | 0.89% | +0.05 |
| SCHX Schwab US Large-Cap ETF | Add +16.3% | 0.39% | +0.04 |
| JPST JPMorgan Ultra-Short Income | Add +9.1% | 0.41% | +0.03 |
| SCHF Schwab Intl Equity ETF | Add +0.3% | 1.04% | +0.03 |
| RSP Invesco S&P 500 Equal Weight | Add +2.1% | 1.37% | +0.03 |
| DFAX Dimensional World Ex US Core | Add +0.0% | 0.79% | +0.03 |
| SPIB SS SPDR P Int C Corp. ETF | Add +1.2% | 4.61% | +0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +1.2% | 2.32% | +0.02 |
| FTEC Fidelity MSCI Info Tech Indx | Add +24.0% | 0.13% | +0.02 |
| XLF SS Financial Select Sector | Add +1342.2% | 0.02% | +0.02 |
| VGK Vanguard Ftse Europe ETF | Add +1348.5% | 0.02% | +0.02 |
| IEF iShares 7-10 Year Treasury B | Add +205.1% | 0.02% | +0.02 |
| BIV Vanguard Intermediate-Term B | Add +2880.0% | 0.01% | +0.01 |
| XLP SS Consumer Staples Sel Sect | Add +27.5% | 0.05% | +0.01 |
| VGIT Vanguard Intermediate-Term T | Add +4.0% | 0.37% | +0.01 |
| IWR iShares Russell Mid-Cap ETF | New | 0.01% | +0.01 |
| VCIT Vanguard Int-Term Corporate | Add +223.3% | 0.02% | +0.01 |
| DFAS Dimensional US Small Cap ETF | Add +0.3% | 0.40% | +0.01 |
| WMT Walmart Inc. | Add +0.5% | 0.09% | +0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +0.6% | 0.12% | +0.01 |
| AVDV Avantis Intl S/C Value ETF | Add +4.0% | 0.08% | +0.01 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Add +84.3% | 0.02% | +0.01 |
| TGT Target Corp. | Add +0.1% | 0.04% | +0.01 |
| WTV Wisdomtree U.S. Value Fund | Add +139.3% | 0.01% | +0.01 |
| FDIS Fidelity MSCI Cons Discr Ind | New | 0.01% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +17.3% | 0.07% | +0.01 |
| AGG iShares Core U.S. Aggregate | Add +1.9% | 0.47% | +0.01 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +2.6% | 0.35% | +0.01 |
| SUSB iShares ESG Aware 1-5 Year U | Add +19.5% | 0.04% | +0.01 |
| NUBD Nuveen ESG US Aggregate Bond | Add +15.3% | 0.05% | +0.01 |
| ETHA iShares Ethereum Trust ETF | New | 0.01% | +0.01 |
| SPBO SS SPDR P Corp. Bond ETF | Add +117.5% | 0.01% | +0.01 |
| XLK SS Technology Select Sector | Add +960.0% | 0.01% | +0.01 |
| VOX Vanguard Communication Servi | Add +337.2% | 0.01% | +0.01 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +3.0% | 0.24% | +0.01 |
| DDWM Wisdomtree DY Inter Eq FD-US | Add +15.5% | 0.03% | +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 |