Financial Perspectives, Inc
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 19, 2024), Financial Perspectives, Inc reported 669 stock positions worth $263.8 million. Its top holding was Medtronic (MDT) at 7.8% of the portfolio, followed by Vanguard High DVD Yield ETF (VYM, 6.1%) and Microsoft (MSFT, 5.3%). Compared with Q4 2023, it opened 13 new positions, sold out of 49, added to 128 and reduced 119. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +0%) and the biggest sale Apple (AAPL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0002003287
- Portfolio Value
- $263.8M (Q1 2024)
- SEC Filing
- 0002003287-24-000018 ↗ filed Apr 19, 2024
Holdings Value
Holdings 669 stocks · $263.8M
| MDT Medtronic PLC | 7.78% | 235,426 | $20.5M | Reduce -1.6% |
| VYM Vanguard High DVD Yield ETF | 6.13% | 133,735 | $16.2M | Reduce -0.3% |
| MSFT Microsoft Corp. | 5.26% | 33,014 | $13.9M | Reduce -0.2% |
| VGT Vanguard Info Tech ETF | 4.87% | 24,508 | $12.9M | Reduce -3.5% |
| AAPL Apple Inc. | 4.17% | 64,223 | $11.0M | Reduce -1.8% |
| BSX Boston Scientific Corp. | 3.79% | 146,130 | $10.0M | Reduce 0.0% |
| VIG Vanguard Dividend Apprec ETF | 3.04% | 43,948 | $8.0M | Reduce -2.4% |
| IVW iShares S&P 500 Growth ETF | 3.01% | 94,043 | $7.9M | Add +3.4% |
| VIGI Vanguard Int Div App Indx FD | 2.99% | 96,594 | $7.9M | Add +2.8% |
| HDV iShares Core High Dividend E | 2.86% | 68,475 | $7.5M | Add +3.1% |
| VYMI Vanguard Int High DVD YLD Inc. | 2.55% | 97,617 | $6.7M | Reduce -2.6% |
| AVGO Broadcom Inc. | 2.05% | 4,088 | $5.4M | Reduce -0.4% |
| JPST JPMorgan Ultra-Short Income | 1.90% | 99,130 | $5.0M | Reduce -1.1% |
| FSTA Fidelity MSCI Cons Stap Indx | 1.88% | 104,050 | $5.0M | Add +4.1% |
| FTEC Fidelity MSCI Info Tech Indx | 1.65% | 27,868 | $4.3M | Add +0.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.62% | 31,388 | $4.3M | Add +0.1% |
| GOOG Alphabet Inc. Class C | 1.58% | 27,356 | $4.2M | Add +2.2% |
| NVDA Nvidia Corp. | 1.40% | 4,088 | $3.7M | Reduce -15.6% |
| AMZN Amazon.com Inc. | 1.39% | 20,283 | $3.7M | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.23% | 6,211 | $3.2M | Add +1.2% |
| IVV iShares Core S&P 500 ETF | 1.20% | 6,028 | $3.2M | Add +0.7% |
| VOO Vanguard S&P 500 ETF | 1.05% | 5,757 | $2.8M | Add +1.2% |
| DGRO iShares Core Dividend Growth | 1.02% | 46,303 | $2.7M | Add +7.1% |
| ABBV Abbvie Inc. | 0.84% | 12,201 | $2.2M | Reduce -0.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.83% | 4,932 | $2.2M | Add +3.2% |
| MELI MercadoLibre Inc. | 0.82% | 1,427 | $2.2M | Reduce -0.4% |
| UNH Unitedhealth Group Inc. | 0.81% | 4,297 | $2.1M | Reduce -20.1% |
| VDC Vanguard Consumer Staple ETF | 0.74% | 9,619 | $2.0M | Add +1.2% |
| META Meta Platforms Inc. Class A | 0.73% | 3,962 | $1.9M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 0.69% | 9,121 | $1.8M | Reduce -1.0% |
| IDV iShares International Select | 0.63% | 59,523 | $1.7M | Add +23.7% |
| ASML ASML Holding NV-NY Reg SHS | 0.61% | 1,660 | $1.6M | Add +0.2% |
| MMM 3M Co. | 0.61% | 15,161 | $1.6M | Reduce -0.7% |
| IYW iShares Ustechnology ETF | 0.61% | 11,836 | $1.6M | Add +0.9% |
| CGGR Cap Group Growth Equity | 0.57% | 47,369 | $1.5M | Add +0.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.55% | 11,360 | $1.5M | Add +0.1% |
| FENY Fidelity MSCI Energy Index | 0.54% | 54,698 | $1.4M | Add +0.1% |
| TSLA Tesla Inc. | 0.51% | 7,620 | $1.3M | Add +1.9% |
| GIS General Mills Inc. | 0.47% | 17,743 | $1.2M | No change |
| JNJ Johnson & Johnson | 0.47% | 7,800 | $1.2M | Reduce -14.3% |
| SHOP Shopify Inc. Class A | 0.44% | 15,181 | $1.2M | Add +0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.41% | 2,543 | $1.1M | Reduce -4.0% |
| BIPC Brookfield Infrastructure-A | 0.40% | 29,352 | $1.1M | Reduce -0.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.40% | 6,481 | $1.1M | Add +9.6% |
| IWF iShares Russell 1000 Growth | 0.39% | 3,027 | $1.0M | Add +3.3% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.38% | 34,539 | $995K | Add +6.0% |
| AMGN Amgen Inc. | 0.37% | 3,476 | $988K | Reduce -0.9% |
| ABT Abbott Laboratories | 0.36% | 8,468 | $962K | No change |
| VDE Vanguard Energy ETF | 0.34% | 6,910 | $910K | Add +0.2% |
| USB US Bancorp | 0.33% | 19,751 | $883K | Add +0.1% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.33% | 24,230 | $863K | No change |
| VNQ Vanguard Real Estate ETF | 0.30% | 9,207 | $796K | Add +0.0% |
| VEA Vanguard Ftse Developed ETF | 0.30% | 15,554 | $780K | No change |
| IETC iShares U.S. Tech Independen | 0.27% | 10,126 | $717K | Add +10.0% |
| SE Sea Ltd.-ADR | 0.27% | 13,329 | $716K | Add +0.3% |
| VHT Vanguard Health Care ETF | 0.26% | 2,580 | $698K | Add +12.7% |
| SMH Vaneck Semiconductor ETF | 0.26% | 3,077 | $692K | Reduce -1.6% |
| HD Home Depot Inc. | 0.25% | 1,748 | $671K | Reduce -1.2% |
| IEMG iShares Core MSCI Emerging | 0.25% | 12,649 | $653K | Add +0.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 5,304 | $649K | Reduce -3.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.23% | 2,380 | $619K | Add +0.3% |
| XOM Exxon Mobil Corp. | 0.23% | 5,257 | $611K | Reduce -6.7% |
| HON Honeywell International Inc. | 0.23% | 2,937 | $603K | No change |
| IFRA iShares US Infrastructure | 0.22% | 13,633 | $591K | Add +0.0% |
| GILD Gilead Sciences Inc. | 0.22% | 8,053 | $590K | Add +8.7% |
| CMCSA Comcast Corp. Class A | 0.22% | 13,537 | $587K | Reduce -2.6% |
| MA Mastercard Inc. Class A | 0.22% | 1,183 | $570K | Reduce -0.2% |
| COST Costco Wholesale Corp. | 0.22% | 775 | $568K | Reduce -3.9% |
| VUSB Vanguard Ultra Short Bond Et | 0.21% | 11,017 | $546K | No change |
| PFE Pfizer Inc. | 0.20% | 19,257 | $534K | Reduce -1.7% |
| TGT Target Corp. | 0.19% | 2,826 | $501K | Reduce -4.0% |
| ORCL Oracle Corp. | 0.19% | 3,919 | $492K | Reduce -0.1% |
| CNQ Canadian Natural Resources | 0.18% | 6,388 | $488K | Add +10.2% |
| IWM iShares Russell 2000 ETF | 0.17% | 2,150 | $452K | Add +7.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.17% | 1,303 | $449K | Add +0.6% |
| GOOGL Alphabet Inc. Class A | 0.17% | 2,965 | $448K | Reduce -2.4% |
| IJR iShares Core S&P Small-Cap E | 0.17% | 4,042 | $447K | Add +18.3% |
| VCR Vanguard Consumer Discre ETF | 0.17% | 1,387 | $441K | Add +0.1% |
| ISRG Intuitive Surgical Inc. | 0.17% | 1,091 | $435K | No change |
| SRE Sempra | 0.16% | 6,047 | $434K | Add +0.8% |
| EFV iShares MSCI Eafe Value ETF | 0.16% | 7,958 | $433K | Add +0.3% |
| SCHD Schwab US DVD Equity ETF | 0.15% | 4,971 | $401K | Add +9.7% |
| EFG iShares MSCI Eafe Growth ETF | 0.15% | 3,852 | $400K | Add +12.7% |
| BN Brookfield Corp. | 0.15% | 9,494 | $397K | No change |
| CGW Invesco S&P Global Water Ind | 0.15% | 7,151 | $397K | No change |
| CAT Caterpillar Inc. | 0.15% | 1,048 | $384K | No change |
| AMD Advanced Micro Devices | 0.14% | 2,113 | $381K | Reduce -1.9% |
| TDIV FT Nasdaq Tech DVD Index FD | 0.14% | 5,468 | $381K | Add +0.1% |
| VALE Vale SA-SP ADR | 0.14% | 30,074 | $367K | Add +8.2% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.14% | 5,165 | $366K | No change |
| NOW ServiceNow Inc. | 0.14% | 478 | $364K | Reduce -0.2% |
| MO Altria Group Inc. | 0.13% | 8,151 | $356K | Add +0.0% |
| MU Micron Technology Inc. | 0.13% | 3,010 | $355K | Reduce -3.0% |
| VWO Vanguard Ftse Emerging Marke | 0.13% | 8,490 | $355K | Reduce -1.4% |
| V Visa Inc. Class A | 0.13% | 1,215 | $339K | Reduce -2.6% |
| DFE Wisdomtree Eur S/C Dividend | 0.13% | 5,656 | $338K | Add +0.4% |
| QCOM Qualcomm Inc. | 0.13% | 1,977 | $335K | Reduce -0.1% |
| IGRO iShares Intl Div Growth ETF | 0.13% | 4,967 | $335K | Add +0.4% |
| CVX Chevron Corp. | 0.12% | 2,084 | $329K | Reduce -3.3% |
| IJH iShares Core S&P Midcap ETF | 0.12% | 5,399 | $328K | Add +1.2% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -1.8% | 4.17% | −0.94 |
| UNH Unitedhealth Group Inc. | Reduce -20.1% | 0.81% | −0.34 |
| MDT Medtronic PLC | Reduce -1.6% | 7.78% | −0.22 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -2.6% | 2.55% | −0.16 |
| TMDX Transmedics Group Inc. | Sold out | 0.00% | −0.15 |
| JPST JPMorgan Ultra-Short Income | Reduce -1.1% | 1.90% | −0.15 |
| VGT Vanguard Info Tech ETF | Reduce -3.5% | 4.87% | −0.12 |
| JNJ Johnson & Johnson | Reduce -14.3% | 0.47% | −0.11 |
| WFC Wells Fargo & Co. | Reduce -83.6% | 0.02% | −0.10 |
| MELI MercadoLibre Inc. | Reduce -0.4% | 0.82% | −0.10 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.4% | 3.04% | −0.07 |
| MMM 3M Co. | Reduce -0.7% | 0.61% | −0.07 |
| SNOW Snowflake Inc. | Reduce -19.6% | 0.08% | −0.05 |
| XEL Xcel Energy Inc. | Reduce -41.9% | 0.04% | −0.05 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -28.3% | 0.09% | −0.05 |
| DAL Delta Air Lines Inc. | Reduce -50.6% | 0.05% | −0.04 |
| AMGN Amgen Inc. | Reduce -0.9% | 0.37% | −0.04 |
| T AT&T Inc. | Reduce -19.5% | 0.12% | −0.03 |
| PFE Pfizer Inc. | Reduce -1.7% | 0.20% | −0.03 |
| XPEV Xpeng Inc. - ADR | Reduce -3.1% | 0.02% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -2.6% | 0.22% | −0.02 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −0.02 |
| AFL Aflac Inc. | Reduce -68.2% | 0.01% | −0.02 |
| BIPC Brookfield Infrastructure-A | Reduce -0.2% | 0.40% | −0.02 |
| MFC Manulife Financial Corp. | Reduce -55.5% | 0.02% | −0.02 |
| NKE Nike Inc. Class B | Reduce -28.7% | 0.02% | −0.02 |
| STNE Stoneco Ltd. Class A | Reduce -1.6% | 0.08% | −0.01 |
| IRTC Irhythm Holdings Inc. | Reduce -98.0% | 0.00% | −0.01 |
| PWV Invesco Large Cap Value ETF | Reduce -14.0% | 0.12% | −0.01 |
| MCD McDonald's Corp. | Reduce -0.3% | 0.10% | −0.01 |
| SCHF Schwab Intl Equity ETF | Sold out | 0.00% | −0.01 |
| DOC Healthpeak Properties Inc. | Reduce -66.3% | 0.00% | −0.01 |
| KO The Coca-Cola Co. | Reduce -21.9% | 0.03% | −0.01 |
| CVRX CVRX Inc. | Sold out | 0.00% | −0.01 |
| SPGI S&P Global Inc. | Reduce -0.2% | 0.08% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.4% | 0.13% | −0.01 |
| RPM RPM International Inc. | Reduce -54.9% | 0.01% | −0.01 |
| MRNA Moderna Inc. | Reduce -47.3% | 0.01% | −0.01 |
| ETF MANAGERS TR | Sold out | 0.00% | −0.01 |
| ADBE Adobe Inc. | Reduce -0.7% | 0.03% | −0.01 |
| BWAY Brainsway Ltd.-ADR | Sold out | 0.00% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -20.4% | 0.06% | −0.01 |
| ALE Allete Inc. | Reduce -19.9% | 0.02% | −0.01 |
| NGG National Grid PLC-SP ADR | Reduce -89.8% | 0.00% | −0.01 |
| ZYXIQ Zynex Inc. | Sold out | 0.00% | −0.01 |
| NVNO Envveno Medical Corporation | Sold out | 0.00% | −0.01 |
| WBD Warner Bros Discovery Inc. | Reduce -5.8% | 0.01% | −0.01 |
| NVS Novartis AG-Sponsored ADR | Reduce -2.7% | 0.04% | −0.01 |
| SNY Sanofi-ADR | Reduce -74.7% | 0.00% | −0.01 |
| CVX Chevron Corp. | Reduce -3.3% | 0.12% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| TSM Taiwan Semiconductor-SP ADR | Add +0.1% | 1.62% | +0.29 |
| IVW iShares S&P 500 Growth ETF | Add +3.4% | 3.01% | +0.24 |
| AMZN Amazon.com Inc. | Add +0.0% | 1.39% | +0.14 |
| HDV iShares Core High Dividend E | Add +3.1% | 2.86% | +0.11 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.2% | 0.61% | +0.10 |
| IDV iShares International Select | Add +23.7% | 0.63% | +0.09 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +0.1% | 0.55% | +0.08 |
| DGRO iShares Core Dividend Growth | Add +7.1% | 1.02% | +0.07 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.07% | +0.07 |
| FSTA Fidelity MSCI Cons Stap Indx | Add +4.1% | 1.88% | +0.07 |
| SE Sea Ltd.-ADR | Add +0.3% | 0.27% | +0.05 |
| GOOG Alphabet Inc. Class C | Add +2.2% | 1.58% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.2% | 1.23% | +0.05 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +9.6% | 0.40% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +1.2% | 1.05% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +0.7% | 1.20% | +0.04 |
| IETC iShares U.S. Tech Independen | Add +10.0% | 0.27% | +0.04 |
| FLUT Flutter Entertainment PLC-Di | New | 0.04% | +0.04 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +11.8% | 0.12% | +0.04 |
| CGGO Cap Group Global Growth | Add +6.0% | 0.38% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.2% | 0.83% | +0.04 |
| CGGR Cap Group Growth Equity | Add +0.6% | 0.57% | +0.03 |
| VHT Vanguard Health Care ETF | Add +12.7% | 0.26% | +0.03 |
| CNQ Canadian Natural Resources | Add +10.2% | 0.18% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +3.3% | 0.39% | +0.03 |
| FENY Fidelity MSCI Energy Index | Add +0.1% | 0.54% | +0.03 |
| FTEC Fidelity MSCI Info Tech Indx | Add +0.0% | 1.65% | +0.02 |
| CGCB Cap Group Core Bond | New | 0.02% | +0.02 |
| IYW iShares Ustechnology ETF | Add +0.9% | 0.61% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +24.0% | 0.12% | +0.02 |
| IJR iShares Core S&P Small-Cap E | Add +18.3% | 0.17% | +0.02 |
| EFG iShares MSCI Eafe Growth ETF | Add +12.7% | 0.15% | +0.02 |
| VDE Vanguard Energy ETF | Add +0.2% | 0.34% | +0.02 |
| IXN iShares Global Tech ETF | Add +38.5% | 0.05% | +0.02 |
| BA The Boeing Co. | Add +163.6% | 0.03% | +0.02 |
| SCHD Schwab US DVD Equity ETF | Add +9.7% | 0.15% | +0.01 |
| HDB HDFC Bank Ltd.-ADR | Add +53.1% | 0.06% | +0.01 |
| NICE Nice Ltd. - Spon ADR | Add +1.1% | 0.05% | +0.01 |
| USMV iShares MSCI USA Min Vol Fac | Add +50.2% | 0.03% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +7.4% | 0.17% | +0.01 |
| AIEQ Amplify AI Powered Eqty ETF | New | 0.01% | +0.01 |
| CGCP Cap Group Core Plus Income | Add +28.8% | 0.05% | +0.01 |
| XLE SS Energy Select Sector | Add +2.1% | 0.11% | +0.01 |
| VDC Vanguard Consumer Staple ETF | Add +1.2% | 0.74% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.6% | 0.17% | +0.01 |
| IUSG iShares Core S&P U.S. Growth | Add +2.1% | 0.09% | +0.01 |
| XYZ Block Inc. | Add +7.2% | 0.07% | +0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +10.9% | 0.04% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.3% | 0.23% | +0.01 |
| UBS UBS Group AG-Reg | Add +19.5% | 0.06% | +0.01 |
Notes & Other Activity Q4 2023 → Q1 2024
| CHWY Chewy Inc. Class A | CL A | Sold out | 0 | $0before exit |
| PDBC Invesco Optimum Yield Divers | OPTIMUM YIELD | Sold out | 0 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 727 | $410.9M | VGT, VYM, AAPL, MDT, TSM |
| Q1 2026 | 715 | $358.2M | VYM, VGT, MDT, AAPL, VYMI |
| Q4 2025 | 713 | $371.2M | VGT, MDT, VYM, AAPL, MSFT |
| Q3 2025 | 722 | $360.6M | MDT, VGT, VYM, MSFT, AAPL |
| Q2 2025 | 721 | $330.8M | MDT, VGT, VYM, MSFT, BSX |
| Q1 2025 | 716 | $292.1M | MDT, VYM, VGT, AAPL, BSX |
| Q4 2024 | 723 | $297.7M | MDT, VYM, VGT, AAPL, MSFT |
| Q3 2024 | 685 | $288.5M | MDT, VYM, AAPL, MSFT, VGT |
| Q2 2024 | 681 | $270.8M | MDT, VYM, MSFT, VGT, AAPL |
| Q1 2024 | 669 | $263.8M | MDT, VYM, MSFT, VGT, AAPL |