Financial Perspectives, Inc
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 3, 2025), Financial Perspectives, Inc reported 723 stock positions worth $297.7 million. Its top holding was Medtronic (MDT) at 6.1% of the portfolio, followed by Vanguard High DVD Yield ETF (VYM, 5.8%) and Vanguard Info Tech ETF (VGT, 5.5%). Compared with Q3 2024, it opened 49 new positions, sold out of 11, added to 208 and reduced 44. The biggest buy was Vanguard Info Tech ETF (VGT, shares +16%) and the biggest sale Vanguard Dividend Apprec ETF (VIG, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0002003287
- Portfolio Value
- $297.7M (Q4 2024)
- SEC Filing
- 0002003287-25-000001 ↗ filed Feb 3, 2025
Holdings Value
Holdings 723 stocks · $297.7M
| MDT Medtronic PLC | 6.09% | 227,096 | $18.1M | Add +2.4% |
| VYM Vanguard High DVD Yield ETF | 5.83% | 135,926 | $17.3M | Add +0.0% |
| VGT Vanguard Info Tech ETF | 5.54% | 26,517 | $16.5M | Add +15.6% |
| AAPL Apple Inc. | 5.44% | 64,643 | $16.2M | Add +0.8% |
| MSFT Microsoft Corp. | 4.75% | 33,537 | $14.1M | Add +1.6% |
| BSX Boston Scientific Corp. | 4.35% | 144,920 | $12.9M | Reduce -1.0% |
| IVW iShares S&P 500 Growth ETF | 3.19% | 93,451 | $9.5M | Add +0.2% |
| VIG Vanguard Dividend Apprec ETF | 2.89% | 43,926 | $8.6M | Reduce -5.8% |
| VIGI Vanguard Int Div App Indx FD | 2.66% | 98,923 | $7.9M | Add +0.2% |
| HDV iShares Core High Dividend E | 2.65% | 70,183 | $7.9M | Add +1.8% |
| AVGO Broadcom Inc. | 2.55% | 32,705 | $7.6M | Reduce -14.5% |
| VYMI Vanguard Int High DVD YLD Inc. | 2.29% | 100,477 | $6.8M | Add +3.3% |
| TSM Taiwan Semiconductor-SP ADR | 2.08% | 31,320 | $6.2M | Add +0.2% |
| NVDA Nvidia Corp. | 2.02% | 44,693 | $6.0M | Add +0.1% |
| FSTA Fidelity MSCI Cons Stap Indx | 1.84% | 110,875 | $5.5M | Add +2.3% |
| GOOG Alphabet Inc. Class C | 1.76% | 27,589 | $5.3M | Add +0.7% |
| FTEC Fidelity MSCI Info Tech Indx | 1.72% | 27,749 | $5.1M | Add +0.3% |
| AMZN Amazon.com Inc. | 1.54% | 20,845 | $4.6M | Add +1.2% |
| IVV iShares Core S&P 500 ETF | 1.29% | 6,535 | $3.8M | Add +7.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.26% | 6,418 | $3.8M | Add +1.5% |
| VOO Vanguard S&P 500 ETF | 1.10% | 6,067 | $3.3M | Add +3.8% |
| DGRO iShares Core Dividend Growth | 1.06% | 51,640 | $3.2M | Add +2.4% |
| TSLA Tesla Inc. | 1.06% | 7,840 | $3.2M | Add +1.0% |
| MELI MercadoLibre Inc. | 0.82% | 1,430 | $2.4M | No change |
| META Meta Platforms Inc. Class A | 0.80% | 4,090 | $2.4M | Add +3.5% |
| ABBV Abbvie Inc. | 0.78% | 13,132 | $2.3M | Add +7.6% |
| JPM JPMorgan Chase & Co. | 0.78% | 9,711 | $2.3M | Add +6.4% |
| UNH Unitedhealth Group Inc. | 0.76% | 4,459 | $2.3M | Add +7.2% |
| VDC Vanguard Consumer Staple ETF | 0.75% | 10,587 | $2.2M | Add +2.1% |
| JPST JPMorgan Ultra-Short Income | 0.69% | 40,996 | $2.1M | Reduce -11.1% |
| SHOP Shopify Inc. Class A | 0.65% | 18,222 | $1.9M | No change |
| IYW iShares Ustechnology ETF | 0.64% | 12,004 | $1.9M | Add +1.0% |
| MMM 3M Co. | 0.60% | 13,839 | $1.8M | Add +0.0% |
| CGGR Cap Group Growth Equity | 0.60% | 47,902 | $1.8M | Add +0.2% |
| IDV iShares International Select | 0.54% | 59,040 | $1.6M | Reduce -4.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.52% | 3,051 | $1.6M | Add +1.7% |
| SE Sea Ltd.-ADR | 0.47% | 13,294 | $1.4M | Reduce -0.8% |
| FENY Fidelity MSCI Energy Index | 0.44% | 54,782 | $1.3M | Add +0.0% |
| IWF iShares Russell 1000 Growth | 0.44% | 3,245 | $1.3M | Add +2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 2,853 | $1.3M | Add +12.2% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.42% | 43,158 | $1.3M | Add +9.4% |
| ASML ASML Holding NV-NY Reg SHS | 0.40% | 1,717 | $1.2M | Add +4.3% |
| JNJ Johnson & Johnson | 0.39% | 8,106 | $1.2M | Add +3.9% |
| GIS General Mills Inc. | 0.39% | 18,262 | $1.2M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.38% | 6,650 | $1.1M | Add +0.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.33% | 11,256 | $968K | Add +0.5% |
| USB US Bancorp | 0.33% | 20,241 | $968K | Add +2.3% |
| ABT Abbott Laboratories | 0.32% | 8,468 | $958K | No change |
| AMGN Amgen Inc. | 0.31% | 3,574 | $932K | Add +2.7% |
| IETC iShares U.S. Tech Independen | 0.31% | 10,773 | $919K | Add +2.2% |
| VNQ Vanguard Real Estate ETF | 0.28% | 9,501 | $846K | Add +4.1% |
| VDE Vanguard Energy ETF | 0.28% | 6,956 | $844K | Add +0.5% |
| VHT Vanguard Health Care ETF | 0.28% | 3,253 | $825K | Add +4.1% |
| VEA Vanguard Ftse Developed ETF | 0.27% | 17,027 | $814K | Add +9.5% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.27% | 24,230 | $805K | No change |
| ORCL Oracle Corp. | 0.25% | 4,534 | $756K | Add +15.7% |
| GOOGL Alphabet Inc. Class A | 0.25% | 3,954 | $749K | Add +33.3% |
| COST Costco Wholesale Corp. | 0.25% | 815 | $747K | Add +5.2% |
| GILD Gilead Sciences Inc. | 0.25% | 8,054 | $744K | No change |
| RBRK Rubrik Inc. Class A | 0.25% | 11,205 | $732K | New |
| SCHD Schwab US DVD Equity ETF | 0.24% | 26,249 | $717K | Add +30.4% |
| HD Home Depot Inc. | 0.24% | 1,826 | $710K | Add +4.3% |
| VCR Vanguard Consumer Discre ETF | 0.23% | 1,830 | $687K | Add +13.4% |
| HDB HDFC Bank Ltd.-ADR | 0.23% | 10,633 | $679K | Add +8.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.23% | 2,328 | $675K | Add +0.1% |
| HON Honeywell International Inc. | 0.23% | 2,974 | $672K | Add +1.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.22% | 5,906 | $658K | Add +12.3% |
| SMH Vaneck Semiconductor ETF | 0.22% | 2,693 | $652K | No change |
| IFRA iShares US Infrastructure | 0.21% | 13,635 | $631K | No change |
| IWM iShares Russell 2000 ETF | 0.21% | 2,843 | $628K | Add +12.3% |
| MA Mastercard Inc. Class A | 0.21% | 1,168 | $615K | Add +1.5% |
| XOM Exxon Mobil Corp. | 0.21% | 5,706 | $614K | Add +8.5% |
| NOW ServiceNow Inc. | 0.19% | 545 | $578K | Add +12.6% |
| CMCSA Comcast Corp. Class A | 0.19% | 15,322 | $575K | Add +4.9% |
| ISRG Intuitive Surgical Inc. | 0.19% | 1,091 | $569K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.19% | 1,372 | $563K | Add +4.5% |
| BN Brookfield Corp. | 0.18% | 9,494 | $545K | No change |
| SRE Sempra | 0.18% | 6,158 | $540K | Add +0.6% |
| IJR iShares Core S&P Small-Cap E | 0.18% | 4,602 | $530K | Add +6.0% |
| BIPC Brookfield Infrastructure-A | 0.17% | 12,846 | $514K | Reduce -56.3% |
| CNQ Canadian Natural Resources | 0.17% | 16,213 | $500K | Add +0.2% |
| PFE Pfizer Inc. | 0.16% | 18,470 | $490K | Reduce -3.2% |
| TGT Target Corp. | 0.16% | 3,533 | $478K | Add +25.0% |
| IEMG iShares Core MSCI Emerging | 0.15% | 8,812 | $460K | Add +3.6% |
| T AT&T Inc. | 0.15% | 20,121 | $458K | Add +7.7% |
| TDIV FT Nasdaq Tech DVD Index FD | 0.15% | 5,761 | $452K | Add +0.1% |
| EFV iShares MSCI Eafe Value ETF | 0.15% | 8,288 | $435K | Add +3.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.14% | 6,136 | $431K | Add +10.1% |
| MO Altria Group Inc. | 0.14% | 8,233 | $431K | Add +0.0% |
| V Visa Inc. Class A | 0.14% | 1,353 | $428K | Add +11.4% |
| CARR Carrier Global Corp. | 0.14% | 6,261 | $427K | Add +16.2% |
| WMT Walmart Inc. | 0.14% | 4,533 | $410K | Add +1.4% |
| CGW Invesco S&P Global Water Ind | 0.13% | 7,257 | $393K | Add +1.5% |
| FESM Fidelity Enhanced Small Cap | 0.13% | 11,854 | $383K | Add +4.7% |
| CAT Caterpillar Inc. | 0.13% | 1,048 | $380K | No change |
| IMCB iShares Morningstar Mid-Cap | 0.13% | 4,968 | $378K | Add +4.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.13% | 8,605 | $378K | Add +8.9% |
| IGRO iShares Intl Div Growth ETF | 0.12% | 5,185 | $352K | Add +3.0% |
| CSCO Cisco Systems Inc. | 0.12% | 5,944 | $352K | No change |
| IJH iShares Core S&P Midcap ETF | 0.12% | 5,528 | $344K | Add +4.0% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $33K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | 15,000 | $14K | New |
| LENDINGTREE INC (TREE 0.5 07/15/25) | NOTE 0.500% 7/1 · principal | 10,000 | $10K | New |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 10,000 | $9K | New |
Total filed on the 13F, all lines: $297.7M.
Portfolio Sells Q3 2024 → Q4 2024
| VIG Vanguard Dividend Apprec ETF | Reduce -5.8% | 2.89% | −0.31 |
| BIPC Brookfield Infrastructure-A | Reduce -56.3% | 0.17% | −0.27 |
| JPST JPMorgan Ultra-Short Income | Reduce -11.1% | 0.69% | −0.12 |
| IDV iShares International Select | Reduce -4.8% | 0.54% | −0.11 |
| VALE Vale SA-SP ADR | Reduce -23.8% | 0.08% | −0.06 |
| WOLF Wolfspeed Inc. | Reduce -79.9% | 0.01% | −0.04 |
| U Unity Software Inc. | Reduce -79.3% | 0.01% | −0.04 |
| ARKW ARK Next Generation Technolo | Reduce -44.7% | 0.07% | −0.04 |
| ARKQ ARK Autonomous Tech & Robot | Reduce -60.1% | 0.03% | −0.03 |
| ONC Beone Medicines Ltd.-ADR | Reduce -32.3% | 0.04% | −0.03 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -8.2% | 0.11% | −0.03 |
| PFE Pfizer Inc. | Reduce -3.2% | 0.16% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Reduce -10.1% | 0.11% | −0.03 |
| ARKK ARK Innovation ETF | Reduce -36.8% | 0.07% | −0.02 |
| BIP Brookfield Infrastructure Pa | Reduce -17.4% | 0.07% | −0.02 |
| ARKF ARK Blockchain & Fintech Inn | Reduce -50.3% | 0.03% | −0.02 |
| INTC Intel Corp. | Reduce -26.8% | 0.03% | −0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -21.4% | 0.06% | −0.02 |
| STNE Stoneco Ltd. Class A | Reduce -2.4% | 0.04% | −0.02 |
| CCI Crown Castle Inc. | Reduce -33.7% | 0.02% | −0.02 |
| CGXU Cap Group Intl Focus | Reduce -20.4% | 0.04% | −0.02 |
| XPEV Xpeng Inc. - ADR | Reduce -45.3% | 0.02% | −0.02 |
| PTBD Pacer Trendpilot US Bond ETF | Reduce -91.0% | 0.00% | −0.02 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -1.1% | 0.12% | −0.02 |
| ARKG ARK Genomic Revolution ETF | Reduce -18.6% | 0.04% | −0.01 |
| VWOB Vanguard Emerg MKTS Gov BND | Sold out | 0.00% | −0.01 |
| VIOO Vanguard S&P Small-Cap 600 E | Sold out | 0.00% | −0.01 |
| ICLN iShares Global Clean Energy | Reduce -16.4% | 0.02% | −0.01 |
| ILMN Illumina Inc. | Reduce -35.4% | 0.02% | −0.01 |
| FBND Fidelity Total Bond ETF | Sold out | 0.00% | −0.01 |
| NXPI NXP Semiconductors NV | Reduce -2.6% | 0.02% | −0.01 |
| F Ford Motor Co. | Reduce -3.3% | 0.03% | −0.00 |
| HII Huntington Ingalls Industrie | Sold out | 0.00% | −0.00 |
| CSX CSX Corp. | Reduce -2.5% | 0.02% | −0.00 |
| BSV Vanguard Short-Term Bond ETF | Reduce -13.2% | 0.01% | −0.00 |
| FGD First Trust DJ GL Sel DVD | Sold out | 0.00% | −0.00 |
| CPNG Coupang Inc. | Reduce -3.6% | 0.01% | −0.00 |
| IYF iShares US Financials ETF | Reduce -12.8% | 0.01% | −0.00 |
| OGIG Alps Oshares Global Internet | Reduce -8.2% | 0.05% | −0.00 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −0.00 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.00 |
| WCLD Wisdomtree Cloud Computing | Sold out | 0.00% | −0.00 |
| ETH Grayscale Ethereum Staking M | Reduce -55.1% | 0.00% | −0.00 |
| LEG Leggett & Platt Inc. | Sold out | 0.00% | −0.00 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −0.00 |
| QUINCE THERAPEUTICS INC | Sold out | 0.00% | −0.00 |
| LAZRQ Luminar Technologies Inc. | Reduce -2.5% | 0.00% | 0.00 |
| VTRS Viatris Inc. | Reduce -2.3% | 0.01% | +0.00 |
| BTC Grayscale Bitcoin Mini ETF | Reduce -1.0% | 0.00% | +0.00 |
| WBD Warner Bros Discovery Inc. | Reduce -13.0% | 0.01% | +0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| VGT Vanguard Info Tech ETF | Add +15.6% | 5.54% | +0.87 |
| TSLA Tesla Inc. | Add +1.0% | 1.06% | +0.36 |
| AAPL Apple Inc. | Add +0.8% | 5.44% | +0.26 |
| RBRK Rubrik Inc. Class A | New | 0.25% | +0.25 |
| AMZN Amazon.com Inc. | Add +1.2% | 1.54% | +0.21 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.2% | 2.08% | +0.20 |
| GOOG Alphabet Inc. Class C | Add +0.7% | 1.76% | +0.18 |
| NVDA Nvidia Corp. | Add +0.1% | 2.02% | +0.14 |
| JPM JPMorgan Chase & Co. | Add +6.4% | 0.78% | +0.11 |
| IVW iShares S&P 500 Growth ETF | Add +0.2% | 3.19% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +33.3% | 0.25% | +0.08 |
| IVV iShares Core S&P 500 ETF | Add +7.5% | 1.29% | +0.08 |
| FDVV Fidelity High Dividend ETF | New | 0.06% | +0.06 |
| KKR KKR & Co. Inc. | New | 0.06% | +0.06 |
| FTEC Fidelity MSCI Info Tech Indx | Add +0.3% | 1.72% | +0.05 |
| DIS The Walt Disney Co. | Add +12.3% | 0.22% | +0.05 |
| SCHD Schwab US DVD Equity ETF | Add +30.4% | 0.24% | +0.04 |
| NOW ServiceNow Inc. | Add +12.6% | 0.19% | +0.04 |
| VCR Vanguard Consumer Discre ETF | Add +13.4% | 0.23% | +0.04 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +96.8% | 0.08% | +0.04 |
| AMP Ameriprise Financial Inc. | Add +146.0% | 0.06% | +0.04 |
| FISV Fiserv Inc. | New | 0.04% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +119.6% | 0.08% | +0.04 |
| CI The Cigna Group | Add +6200.0% | 0.04% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +9.2% | 0.06% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +3.8% | 1.10% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +12.2% | 0.43% | +0.03 |
| KMI Kinder Morgan Inc. | Add +2883.2% | 0.03% | +0.03 |
| PDX PIMCO Dynamic Income Strat | New | 0.03% | +0.03 |
| V Visa Inc. Class A | Add +11.4% | 0.14% | +0.03 |
| BLDR Builders Firstsource Inc. | New | 0.03% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +2.4% | 0.44% | +0.03 |
| FBTC Fidelity Wise Origin Bitcoin | Add +6.6% | 0.07% | +0.02 |
| ACN Accenture PLC Class A | Add +1750.0% | 0.03% | +0.02 |
| RSG Republic Services Inc. | Add +2029.4% | 0.02% | +0.02 |
| DE Deere & Co. | Add +68.9% | 0.06% | +0.02 |
| IETC iShares U.S. Tech Independen | Add +2.2% | 0.31% | +0.02 |
| ORCL Oracle Corp. | Add +15.7% | 0.25% | +0.02 |
| CGGR Cap Group Growth Equity | Add +0.2% | 0.60% | +0.02 |
| CTAS Cintas Corp. | New | 0.02% | +0.02 |
| META Meta Platforms Inc. Class A | Add +3.5% | 0.80% | +0.02 |
| MOH Molina Healthcare Inc. | New | 0.02% | +0.02 |
| IYW iShares Ustechnology ETF | Add +1.0% | 0.64% | +0.02 |
| RPRX Royalty Pharma PLC Class A | New | 0.02% | +0.02 |
| UHAL.B U-Haul Holding Co.-Non Voting | New | 0.02% | +0.02 |
| BAC Bank of America Corp. | Add +8.9% | 0.13% | +0.02 |
| EOG EOG Resources Inc. | Add +2175.0% | 0.02% | +0.02 |
| WM Waste Management Inc. | Add +43.7% | 0.07% | +0.02 |
| IWM iShares Russell 2000 ETF | Add +12.3% | 0.21% | +0.02 |
| NFLX Netflix Inc. | Add +458.3% | 0.02% | +0.02 |
Notes & Other Activity Q3 2024 → Q4 2024
| WAYFAIR INC (W 0.625 10/01/25) | NOTE 0.625%10/0 · principal | New | 15,000 | $14K |
| LENDINGTREE INC (TREE 0.5 07/15/25) | NOTE 0.500% 7/1 · principal | New | 10,000 | $10K |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | New | 10,000 | $9K |
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 |