Fortress Financial Group, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Fortress Financial Group, LLC reported 82 stock positions worth $130.4 million. Its top holding was iShares Core S&P U.S. Growth (IUSG) at 11.5% of the portfolio, followed by iShares Core S&P U.S. Value (IUSV, 10.5%) and Fidelity Enh LRG Cap Cor ETF (FELC, 8.1%). Compared with Q2 2025, it opened 8 new positions, sold out of 4, added to 49 and reduced 15. The biggest buy was Fidelity Enh LRG Cap Cor ETF (FELC, shares +19%) and the biggest sale iShares International Divide (BIDD, shares −17%).

Most Recent 13F
Q2 2026
Location
ROCHESTER, MN
CIK
0002054451
Portfolio Value
$130.4M (Q3 2025)
SEC Filing
0001951757-25-001287 ↗ filed Nov 6, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q4 2024: $100.6M Q4 2024 Q1 2025: $100.2M Q1 2025 Q2 2025: $118.1M Q2 2025 Q3 2025: $130.4M $130.4M Q3 2025 Q4 2025: $135.5M Q4 2025 Q1 2026: $135.2M Q1 2026 Q2 2026: $200.3M Q2 2026

Holdings 82 stocks · $130.4M
IUSG iShares Core S&P U.S. Growth 11.52% 91,347 $15.0M Add +1.2%
IUSV iShares Core S&P U.S. Value 10.50% 136,958 $13.7M Add +3.3%
FELC Fidelity Enh LRG Cap Cor ETF 8.09% 283,077 $10.6M Add +18.7%
RSP Invesco S&P 500 Equal Weight 6.99% 48,071 $9.1M Add +3.0%
IJS iShares S&P Small-Cap 600 Va 5.14% 60,646 $6.7M Add +5.2%
IJT iShares S&P Small-Cap 600 GR 5.07% 46,755 $6.6M Add +5.7%
GSLC Goldman Activebeta US LC ETF 4.75% 47,566 $6.2M Add +0.4%
IJR iShares Core S&P Small-Cap E 3.28% 35,987 $4.3M Add +9.6%
QQQ Invesco QQQ Trust Series 1 2.87% 6,242 $3.7M Add +0.4%
SPY SS SPDR S&P 500 ETF Trust-US 2.46% 4,815 $3.2M Reduce -1.6%
BIDD iShares International Divide 2.24% 104,287 $2.9M Reduce -17.4%
IWF iShares Russell 1000 Growth 2.21% 6,161 $2.9M Reduce -1.2%
IWD iShares Russell 1000 Value E 1.91% 12,267 $2.5M Reduce -2.3%
AAPL Apple Inc. 1.78% 9,141 $2.3M Add +0.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.69% 7,827 $2.2M Add +0.0%
FBND Fidelity Total Bond ETF 1.64% 46,203 $2.1M Add +1.0%
IVV iShares Core S&P 500 ETF 1.59% 3,107 $2.1M Reduce -3.1%
AMZN Amazon.com Inc. 1.33% 7,898 $1.7M Reduce -0.5%
MSFT Microsoft Corp. 1.31% 3,311 $1.7M Reduce -0.0%
ALRS Alerus Financial Corp. 1.14% 67,296 $1.5M Reduce -21.4%
NVDA Nvidia Corp. 1.10% 7,680 $1.4M Reduce -0.1%
IJH iShares Core S&P Midcap ETF 1.05% 21,079 $1.4M Add +1.1%
FAST Fastenal Co. 1.05% 27,884 $1.4M Add +0.4%
TSLA Tesla Inc. 1.02% 2,989 $1.3M No change
IVW iShares S&P 500 Growth ETF 0.95% 10,215 $1.2M No change
JPM JPMorgan Chase & Co. 0.64% 2,660 $839K Add +0.5%
AMGN Amgen Inc. 0.63% 2,913 $822K Add +0.0%
VEA Vanguard Ftse Developed ETF 0.62% 13,463 $807K Add +0.0%
BRK.B Berkshire Hathaway Inc. Class B 0.61% 1,579 $794K Reduce -7.5%
IVE iShares S&P 500 Value ETF 0.58% 3,646 $753K No change
HRL Hormel Foods Corp. 0.57% 29,973 $742K Add +1.0%
GE General Electric filed as GE AEROSPACE 0.56% 2,446 $736K Add +0.2%
QUAL iShares MSCI USA Quality Fac 0.51% 3,424 $666K Add +0.3%
GLD SPDR Gold Shares 0.47% 1,727 $614K Add +0.1%
IBP Installed Building Products 0.45% 2,391 $590K Add +0.1%
WFC Wells Fargo & Co. 0.41% 6,309 $529K Add +0.3%
VTI VG Morningstar TS MKT ETF-US 0.39% 1,567 $514K New
GOOG Alphabet Inc. Class C 0.38% 2,040 $496K Add +0.9%
XOM Exxon Mobil Corp. 0.36% 4,192 $473K Add +0.9%
KO The Coca-Cola Co. 0.36% 7,069 $469K Add +0.7%
UPS United Parcel Service Class B 0.35% 5,491 $459K Reduce -5.1%
VUG Vanguard Mrngstar GR ETF-Sui 0.32% 876 $420K No change
APO Apollo Global Management Inc. 0.32% 3,113 $415K Add +0.4%
BSV Vanguard Short-Term Bond ETF 0.30% 4,981 $393K New
IWB iShares Russell 1000 ETF 0.30% 1,064 $389K Reduce -0.6%
FESM Fidelity Enhanced Small Cap 0.29% 10,382 $380K Add +0.1%
BLK BlackRock Inc. 0.28% 318 $371K Add +0.3%
WTBA West Bancorporation 0.28% 18,028 $366K Reduce -6.4%
MCK McKesson Corp. 0.28% 471 $364K No change
IEMG iShares Core MSCI Emerging 0.27% 7,143 $356K New
GEV GE Vernova Inc. 0.27% 579 $356K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.27% 1,885 $352K Reduce -1.8%
BND Vanguard Total Bond Market 0.27% 4,709 $350K New
UNH Unitedhealth Group Inc. 0.27% 1,002 $346K Add +0.6%
OMF Onemain Holdings Inc. 0.26% 6,064 $342K Add +1.8%
IEFA iShares Core MSCI Eafe ETF 0.26% 3,751 $334K Reduce -17.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.26% 2,908 $333K Add +0.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.25% 6,440 $332K Add +0.5%
EFG iShares MSCI Eafe Growth ETF 0.25% 2,894 $330K No change
KEY Keycorp 0.25% 17,436 $326K Add +1.1%
JEPI JPMorgan Equity Premium Inco 0.25% 5,634 $322K Add +4.3%
RF Regions Financial Corp. 0.25% 12,168 $321K Add +1.1%
XEL Xcel Energy Inc. 0.22% 3,603 $291K Add +0.8%
PNC PNC Financial Services Group 0.22% 1,429 $287K Add +0.9%
OSK Oshkosh Corp. 0.22% 2,191 $284K Add +0.4%
HD Home Depot Inc. 0.21% 668 $271K Add +0.5%
MRK Merck & Co. Inc. 0.21% 3,190 $268K Add +1.0%
CAT Caterpillar Inc. 0.20% 541 $258K Add +0.4%
DELL Dell Technologies -C 0.19% 1,764 $250K Add +0.4%
PII Polaris Inc. 0.19% 4,239 $246K New
MUB iShares National Muni Bond E 0.19% 2,270 $242K No change
TT Trane Technologies PLC 0.18% 564 $238K No change
DAL Delta Air Lines Inc. 0.18% 4,188 $238K Add +0.7%
VWO Vanguard Ftse Emerging Marke 0.18% 4,324 $234K Add +0.1%
GOVT iShares US Treasury Bond ETF 0.17% 9,714 $225K New
T AT&T Inc. 0.17% 7,920 $224K Add +1.0%
PEP Pepsico Inc. 0.17% 1,555 $218K Add +1.0%
SPDW Ste STR SPDR PT DW Eu ETF 0.16% 5,027 $215K New
LMT Lockheed Martin Corp. 0.16% 430 $215K New
MCD McDonald's Corp. 0.16% 705 $214K Add +0.6%
LLY Eli Lilly & Co. 0.16% 266 $203K No change
F Ford Motor Co. filed as FORD MTR CO 0.10% 11,174 $134K Add +1.4%

Portfolio Sells Q2 2025 → Q3 2025
BIDD iShares International Divide Reduce -17.4% 2.24% −0.68
ALRS Alerus Financial Corp. Reduce -21.4% 1.14% −0.43
GCC Wisdomtree Enhanced Commodit Sold out 0.00% −0.35
AXON Axon Enterprise Inc. Sold out 0.00% −0.19
COST Costco Wholesale Corp. Sold out 0.00% −0.18
CSCO Cisco Systems Inc. Sold out 0.00% −0.17
IWD iShares Russell 1000 Value E Reduce -2.3% 1.91% −0.15
AMZN Amazon.com Inc. Reduce -0.5% 1.33% −0.15
UPS United Parcel Service Class B Reduce -5.1% 0.35% −0.14
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.6% 2.46% −0.10
IVV iShares Core S&P 500 ETF Reduce -3.1% 1.59% −0.09
MSFT Microsoft Corp. Reduce -0.0% 1.31% −0.08
IEFA iShares Core MSCI Eafe ETF Reduce -17.3% 0.26% −0.07
BRK.B Berkshire Hathaway Inc. Class B Reduce -7.5% 0.61% −0.05
WTBA West Bancorporation Reduce -6.4% 0.28% −0.04
IWF iShares Russell 1000 Growth Reduce -1.2% 2.21% −0.03
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.8% 0.27% −0.02
IWB iShares Russell 1000 ETF Reduce -0.6% 0.30% −0.01
NVDA Nvidia Corp. Reduce -0.1% 1.10% +0.07

Portfolio Buys Q2 2025 → Q3 2025
FELC Fidelity Enh LRG Cap Cor ETF Add +18.7% 8.09% +1.12
VTI VG Morningstar TS MKT ETF-US New 0.39% +0.39
BSV Vanguard Short-Term Bond ETF New 0.30% +0.30
IJS iShares S&P Small-Cap 600 Va Add +5.2% 5.14% +0.29
IEMG iShares Core MSCI Emerging New 0.27% +0.27
BND Vanguard Total Bond Market New 0.27% +0.27
IJR iShares Core S&P Small-Cap E Add +9.6% 3.28% +0.24
AAPL Apple Inc. Add +0.3% 1.78% +0.21
PII Polaris Inc. New 0.19% +0.19
GOVT iShares US Treasury Bond ETF New 0.17% +0.17
SPDW Ste STR SPDR PT DW Eu ETF New 0.16% +0.16
LMT Lockheed Martin Corp. New 0.16% +0.16
IBP Installed Building Products Add +0.1% 0.45% +0.09
IJT iShares S&P Small-Cap 600 GR Add +5.7% 5.07% +0.09
GOOG Alphabet Inc. Class C Add +0.9% 0.38% +0.08
FAST Fastenal Co. Add +0.4% 1.05% +0.06
GE General Electric Add +0.2% 0.56% +0.03
IUSG iShares Core S&P U.S. Growth Add +1.2% 11.52% +0.03
GLD SPDR Gold Shares Add +0.1% 0.47% +0.03
CAT Caterpillar Inc. Add +0.4% 0.20% +0.02
XEL Xcel Energy Inc. Add +0.8% 0.22% +0.02
FESM Fidelity Enhanced Small Cap Add +0.1% 0.29% +0.01
DELL Dell Technologies -C Add +0.4% 0.19% +0.01
DAL Delta Air Lines Inc. Add +0.7% 0.18% +0.01
OSK Oshkosh Corp. Add +0.4% 0.22% +0.01
RF Regions Financial Corp. Add +1.1% 0.25% +0.01
BLK BlackRock Inc. Add +0.3% 0.28% +0.00
UNH Unitedhealth Group Inc. Add +0.6% 0.27% +0.00
F Ford Motor Co. Add +1.4% 0.10% +0.00
HD Home Depot Inc. Add +0.5% 0.21% +0.00
VWO Vanguard Ftse Emerging Marke Add +0.1% 0.18% −0.00
BAC Bank of America Corp. Add +0.5% 0.25% −0.00
PNC PNC Financial Services Group Add +0.9% 0.22% −0.00
KEY Keycorp Add +1.1% 0.25% −0.00
PEP Pepsico Inc. Add +1.0% 0.17% −0.00
MRK Merck & Co. Inc. Add +1.0% 0.21% −0.01
JPM JPMorgan Chase & Co. Add +0.5% 0.64% −0.01
MCD McDonald's Corp. Add +0.6% 0.16% −0.01
JEPI JPMorgan Equity Premium Inco Add +4.3% 0.25% −0.01
XOM Exxon Mobil Corp. Add +0.9% 0.36% −0.02
QUAL iShares MSCI USA Quality Fac Add +0.3% 0.51% −0.02
T AT&T Inc. Add +1.0% 0.17% −0.02
WFC Wells Fargo & Co. Add +0.3% 0.41% −0.02
OMF Onemain Holdings Inc. Add +1.8% 0.26% −0.03
VEA Vanguard Ftse Developed ETF Add +0.0% 0.62% −0.03
QQQ Invesco QQQ Trust Series 1 Add +0.4% 2.87% −0.03
IJH iShares Core S&P Midcap ETF Add +1.1% 1.05% −0.04
DIS The Walt Disney Co. Add +0.4% 0.26% −0.05
APO Apollo Global Management Inc. Add +0.4% 0.32% −0.05
AMGN Amgen Inc. Add +0.0% 0.63% −0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 79$200.3MSCHX, FENI, AVEM, VO, AVUV
Q1 2026 87$135.2MIUSG, IUSV, FELC, RSP, IJT
Q4 2025 81$135.5MIUSG, IUSV, FELC, RSP, IJT
Q3 2025 82$130.4MIUSG, IUSV, FELC, RSP, IJS
Q2 2025 78$118.1MIUSG, IUSV, RSP, FELC, IJT
Q1 2025 69$100.2MIUSV, IUSG, BIDD, RSP, GSLC
Q4 2024 69$100.6MIUSG, IUSV, BIDD, RSP, GSLC