Gradient Investments LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 9, 2025), Gradient Investments LLC reported 320 stock positions worth $5.0 billion. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 4.6% of the portfolio, followed by SS SPDR P Agg Bond ETF (SPAB, 2.1%) and Amazon.com (AMZN, 2.1%). Compared with Q4 2024, it opened 37 new positions, sold out of 15, added to 157 and reduced 109. The biggest buy was a new position in Columbia Resear Enh Cor ETF (RECS) and the biggest sale Ste STR SPDR PT S&P 500 ETF (SPYM, shares −28%).
- Most Recent 13F
- Q2 2026
- Location
- ARDEN HILLS, MN
- CIK
- 0001542265
- Portfolio Value
- $5.0B (Q1 2025)
- SEC Filing
- 0001542265-25-000003 ↗ filed Apr 9, 2025
Holdings Value
Holdings 320 stocks · $5.0B
| SPYM Ste STR SPDR PT S&P 500 ETF | 4.57% | 3,447,304 | $226.7M | Reduce -27.5% |
| SPAB SS SPDR P Agg Bond ETF | 2.10% | 4,070,096 | $104.0M | Reduce -6.5% |
| AMZN Amazon.com Inc. | 2.09% | 543,359 | $103.4M | Add +12.3% |
| MSFT Microsoft Corp. | 2.08% | 275,343 | $103.4M | Add +14.9% |
| AAPL Apple Inc. | 1.97% | 440,334 | $97.8M | Add +14.2% |
| JMBS Janus Henderson Mortg Backed | 1.81% | 1,989,708 | $89.9M | Add +28.8% |
| OCTW Alianzim US Eq BFR20 Oct-Usd | 1.79% | 2,521,655 | $88.6M | Reduce -8.3% |
| NVDA Nvidia Corp. | 1.75% | 802,376 | $87.0M | Add +22.9% |
| DMBS Doubleline Mortgage ETF | 1.75% | 1,771,459 | $86.9M | Reduce -21.6% |
| AVDE Avantis International Equity | 1.59% | 1,193,068 | $79.1M | Add +72.6% |
| SPYI Neos S&P 500 High Income ETF | 1.59% | 1,642,236 | $78.6M | Reduce -25.5% |
| SPDW Ste STR SPDR PT DW Eu ETF | 1.55% | 2,105,458 | $76.7M | Reduce -42.0% |
| ULST SS Ultra Short TM Bond ETF | 1.51% | 1,847,262 | $75.1M | Add +5.8% |
| GOOG Alphabet Inc. Class C | 1.51% | 479,481 | $74.9M | Add +9.4% |
| GSY Invesco Ultra Short Duration | 1.51% | 1,489,378 | $74.6M | Add +6.0% |
| IGTR Innovator Grad Tact Rotation | 1.46% | 2,970,506 | $72.6M | Reduce -36.6% |
| XBJL Inn US Eq Acc 9 Buff July | 1.40% | 2,046,084 | $69.2M | Reduce -35.1% |
| META Meta Platforms Inc. Class A | 1.38% | 118,291 | $68.2M | Add +7.5% |
| RECS Columbia Resear Enh Cor ETF | 1.35% | 2,008,135 | $66.7M | New |
| QUAL iShares MSCI USA Quality Fac | 1.28% | 372,215 | $63.6M | Add +9.6% |
| AVEM Avantis Emerging Markets Eq | 1.23% | 1,014,627 | $61.1M | Add +71.3% |
| UNH Unitedhealth Group Inc. | 1.17% | 110,967 | $58.1M | Add +14.4% |
| BBUS JPMorgan Betabuilders US Equ | 1.15% | 564,311 | $56.9M | New |
| GLDM SPDR Gold Minishares Trust | 1.13% | 906,303 | $56.1M | Reduce -1.4% |
| JAAA Janus Henderson Aaa Clo ETF | 1.08% | 1,052,654 | $53.4M | Reduce -3.1% |
| V Visa Inc. Class A | 1.07% | 151,312 | $53.0M | Add +1.8% |
| PRFD PIMCO Pref and Cap Sec Act | 1.02% | 998,982 | $50.5M | Reduce -9.2% |
| XFIV Bondbloxx BBG 5 YR US Treas | 0.99% | 1,003,802 | $49.3M | Add +11.7% |
| CVX Chevron Corp. | 0.97% | 288,909 | $48.3M | Add +7.2% |
| HELO JPMorgan Hedged Equity ETF | 0.94% | 782,660 | $46.7M | Reduce -33.9% |
| DABS Doubleline Asset-Backed ETF | 0.93% | 922,438 | $46.3M | New |
| JPM JPMorgan Chase & Co. | 0.93% | 187,422 | $46.0M | Add +8.2% |
| GS Goldman Sachs Group Inc. | 0.92% | 83,707 | $45.7M | Add +9.5% |
| JUNW Alianzim US Eq BFR20 Jun-Usd | 0.87% | 1,456,177 | $43.3M | Add +2.1% |
| PG The Procter & Gamble Co. | 0.87% | 253,326 | $43.2M | Add +7.9% |
| MDT Medtronic PLC | 0.81% | 449,100 | $40.4M | Add +3.3% |
| SMOT Vaneck Morningstar Smid Moat | 0.80% | 1,212,034 | $39.7M | Add +8.3% |
| MS Morgan Stanley | 0.79% | 336,000 | $39.2M | Add +12.4% |
| MBS Angel Oak Mortg-Bcked SE ETF | 0.77% | 4,404,523 | $38.2M | Reduce -3.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.76% | 71,199 | $37.9M | Add +7.2% |
| BBBS BBLX BBB 1-5Y Corp. Bond ETF | 0.76% | 741,982 | $37.9M | Reduce -4.7% |
| ABT Abbott Laboratories | 0.76% | 285,351 | $37.9M | Add +1.8% |
| MCD McDonald's Corp. | 0.75% | 119,725 | $37.4M | Add +3.4% |
| KO The Coca-Cola Co. | 0.75% | 520,237 | $37.3M | Add +2.9% |
| JNJ Johnson & Johnson | 0.74% | 220,249 | $36.5M | Add +3.6% |
| WMT Walmart Inc. | 0.72% | 407,929 | $35.8M | Add +14.5% |
| XSVN Bondbloxx BBG 7 YR US Treas | 0.69% | 716,574 | $34.2M | Add +40.8% |
| SBUX Starbucks Corp. | 0.68% | 345,979 | $33.9M | Add +5.4% |
| EXR Extra Space Storage Inc. | 0.67% | 223,168 | $33.1M | Add +11.9% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.67% | 629,910 | $33.0M | Add +64.4% |
| SPTI SS SPDR P Int Term TSY ETF | 0.66% | 1,151,200 | $32.9M | Add +8179.6% |
| XBOC Innovator US Eqy Acc 9 Buff | 0.65% | 1,085,699 | $32.3M | Add +2.2% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.62% | 736,393 | $30.8M | Add +6.9% |
| XTRE Bondbloxx BBG 3Y US TSY ETF | 0.61% | 613,391 | $30.4M | Add +25.9% |
| AVGO Broadcom Inc. | 0.60% | 176,792 | $29.6M | Add +4.7% |
| PFE Pfizer Inc. | 0.59% | 1,160,482 | $29.4M | Add +4.6% |
| COP Conocophillips | 0.59% | 277,591 | $29.2M | Add +17.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.59% | 696,416 | $29.1M | Add +7.8% |
| NEE Nextera Energy Inc. | 0.58% | 403,211 | $28.6M | Add +9.1% |
| TGT Target Corp. | 0.57% | 271,663 | $28.4M | Add +22.9% |
| RSP Invesco S&P 500 Equal Weight | 0.55% | 158,455 | $27.4M | New |
| LOW Lowe's Cos Inc. | 0.55% | 115,854 | $27.0M | Add +22.8% |
| TJUL Innovator Equity Defined Pro | 0.53% | 943,664 | $26.5M | Reduce -51.9% |
| PCMM BBLX Private Credit Clo ETF | 0.53% | 518,784 | $26.4M | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.52% | 281,973 | $25.9M | Add +22.8% |
| FTSM First Trust Enh Short Mat FD | 0.52% | 427,001 | $25.6M | Reduce -20.1% |
| URI United Rentals Inc. | 0.51% | 40,188 | $25.2M | Add +34.5% |
| NFLX Netflix Inc. | 0.50% | 26,773 | $25.0M | Add +5.8% |
| PANW Palo Alto Networks Inc. | 0.50% | 145,097 | $24.8M | Add +15.6% |
| AZEK The Azek Co. Inc. | 0.49% | 500,944 | $24.5M | Add +22.1% |
| COST Costco Wholesale Corp. | 0.48% | 25,251 | $23.9M | Add +18.3% |
| MLPA Global X MLP ETF | 0.46% | 430,352 | $22.9M | Add +4.0% |
| PYPL PayPal Holdings Inc. | 0.46% | 347,529 | $22.7M | Add +20.3% |
| BSX Boston Scientific Corp. | 0.46% | 224,375 | $22.6M | Add +3.5% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.44% | 413,487 | $21.7M | Reduce -70.9% |
| CSHI Neos Enhanced Income 1-3 Mon | 0.43% | 432,585 | $21.5M | Reduce -18.3% |
| APH Amphenol Corp. Class A | 0.43% | 326,693 | $21.4M | Add +29.0% |
| INTU Intuit Inc. | 0.43% | 34,886 | $21.4M | Add +19.6% |
| ZBH Zimmer Biomet Holdings Inc. | 0.43% | 187,903 | $21.3M | Add +11.2% |
| NOW ServiceNow Inc. | 0.42% | 25,863 | $20.6M | Add +28.8% |
| ECL Ecolab Inc. | 0.39% | 77,113 | $19.5M | Add +11.6% |
| DXCM Dexcom Inc. | 0.39% | 281,325 | $19.2M | Add +10.5% |
| XTEN Bondbloxx BBG 10Y US TSY ETF | 0.38% | 408,464 | $19.0M | Add +16.2% |
| ETN Eaton Corp. PLC | 0.38% | 69,324 | $18.8M | Add +28.9% |
| WCN Waste Connections Inc. | 0.37% | 94,170 | $18.4M | Add +13.3% |
| PWR Quanta Services Inc. | 0.37% | 71,975 | $18.3M | Add +28.9% |
| LUV Southwest Airlines Co. | 0.36% | 525,042 | $17.6M | Add +10.0% |
| GPN Global Payments Inc. | 0.35% | 179,401 | $17.6M | Add +19.3% |
| BALT Inn Defined Wealth Shield | 0.35% | 559,401 | $17.6M | Add +2.0% |
| SPTS SS SPDR P St Term TSY ETF | 0.35% | 590,659 | $17.3M | New |
| LRCX Lam Research Corp. | 0.34% | 234,025 | $17.0M | Add +7.6% |
| EQIX Equinix Inc. | 0.34% | 20,669 | $16.9M | Add +22.8% |
| ABBV Abbvie Inc. | 0.34% | 79,441 | $16.6M | Reduce -7.0% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.33% | 603,378 | $16.4M | Reduce -24.4% |
| XOM Exxon Mobil Corp. | 0.32% | 135,282 | $16.1M | Reduce -1.0% |
| BKR Baker Hughes Co. | 0.32% | 363,039 | $16.0M | Add +11.8% |
| DCRE DBL Comm Real Est Debt | 0.31% | 295,750 | $15.3M | Reduce -32.7% |
| CAH Cardinal Health Inc. | 0.31% | 111,113 | $15.3M | Reduce -5.4% |
| RTX RTX Corp. | 0.30% | 111,495 | $14.8M | Reduce -6.7% |
| AMGN Amgen Inc. | 0.30% | 46,951 | $14.6M | Reduce -5.2% |
Portfolio Sells Q4 2024 → Q1 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -27.5% | 4.57% | −2.07 |
| JSI JH Securitized Income ETF | Reduce -99.3% | 0.01% | −1.68 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -70.9% | 0.44% | −1.04 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -42.0% | 1.55% | −0.96 |
| IGTR Innovator Grad Tact Rotation | Reduce -36.6% | 1.46% | −0.86 |
| XBJL Inn US Eq Acc 9 Buff July | Reduce -35.1% | 1.40% | −0.78 |
| SPYI Neos S&P 500 High Income ETF | Reduce -25.5% | 1.59% | −0.68 |
| TJUL Innovator Equity Defined Pro | Reduce -51.9% | 0.53% | −0.57 |
| HELO JPMorgan Hedged Equity ETF | Reduce -33.9% | 0.94% | −0.55 |
| BBRE JPM Betabldrs MSCI US REIT | Reduce -99.2% | 0.00% | −0.53 |
| DMBS Doubleline Mortgage ETF | Reduce -21.6% | 1.75% | −0.45 |
| GBUY Goldman Sachs Fut Consumer | Reduce -98.6% | 0.00% | −0.36 |
| AMD Advanced Micro Devices | Reduce -97.6% | 0.01% | −0.31 |
| MEM Matthews Em MKT Eqty Active | Sold out | 0.00% | −0.27 |
| OCTW Alianzim US Eq BFR20 Oct-Usd | Reduce -8.3% | 1.79% | −0.19 |
| BOXX Alpha Architect 1-3 MNTH Box | Reduce -80.7% | 0.04% | −0.16 |
| DCRE DBL Comm Real Est Debt | Reduce -32.7% | 0.31% | −0.15 |
| FTSM First Trust Enh Short Mat FD | Reduce -20.1% | 0.52% | −0.13 |
| ROBT First Trust Nasdaq Artificia | Sold out | 0.00% | −0.12 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -6.5% | 2.10% | −0.10 |
| PRFD PIMCO Pref and Cap Sec Act | Reduce -9.2% | 1.02% | −0.10 |
| CSHI Neos Enhanced Income 1-3 Mon | Reduce -18.3% | 0.43% | −0.10 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -24.4% | 0.33% | −0.09 |
| ARKW ARK Next Generation Technolo | Reduce -18.0% | 0.23% | −0.09 |
| TSLA Tesla Inc. | Reduce -33.7% | 0.04% | −0.06 |
| ARES Ares Management Corp. Class A | Reduce -0.7% | 0.25% | −0.05 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -3.1% | 1.08% | −0.04 |
| BBBS BBLX BBB 1-5Y Corp. Bond ETF | Reduce -4.7% | 0.76% | −0.03 |
| AXP American Express Co. | Reduce -1.0% | 0.26% | −0.03 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.03 |
| MBS Angel Oak Mortg-Bcked SE ETF | Reduce -3.9% | 0.77% | −0.02 |
| HON Honeywell International Inc. | Reduce -0.6% | 0.26% | −0.02 |
| NYT New York Times Co. Class A | Reduce -1.0% | 0.27% | −0.02 |
| LULU Lululemon Athletica Inc. | Reduce -9.4% | 0.03% | −0.01 |
| ARE Alexandria Real Estate Equit | Reduce -0.1% | 0.24% | −0.01 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -4.7% | 0.10% | −0.01 |
| SAIA Saia Inc. | Reduce -8.1% | 0.03% | −0.01 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -11.2% | 0.09% | −0.01 |
| IPG Interpublic Group of Cos Inc. | Reduce -0.7% | 0.27% | −0.01 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -11.3% | 0.09% | −0.01 |
| FIVE Five Below | Reduce -4.6% | 0.02% | −0.01 |
| SYY Sysco Corp. | Reduce -1.5% | 0.26% | −0.01 |
| SIXJ Allian US Equ 6 Mon BU10-Usd | Sold out | 0.00% | −0.01 |
| ESML iShares ESG Aware MSCI USA S | Reduce -3.9% | 0.06% | −0.01 |
| ULTA Ulta Beauty Inc. | Reduce -7.2% | 0.03% | −0.01 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -10.6% | 0.07% | −0.01 |
| DT Dynatrace Inc. | Reduce -8.6% | 0.03% | −0.01 |
| MYCF State Street MY2026 Corporat | Reduce -10.6% | 0.07% | −0.01 |
| EFIV SS SPDR S&P 500 ESG ETF | Reduce -4.8% | 0.07% | −0.01 |
| HQY Healthequity Inc. | Reduce -10.5% | 0.04% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| RECS Columbia Resear Enh Cor ETF | New | 1.35% | +1.35 |
| BBUS JPMorgan Betabuilders US Equ | New | 1.15% | +1.15 |
| DABS Doubleline Asset-Backed ETF | New | 0.93% | +0.93 |
| AVDE Avantis International Equity | Add +72.6% | 1.59% | +0.74 |
| SPTI SS SPDR P Int Term TSY ETF | Add +8179.6% | 0.66% | +0.66 |
| RSP Invesco S&P 500 Equal Weight | New | 0.55% | +0.55 |
| PCMM BBLX Private Credit Clo ETF | New | 0.53% | +0.53 |
| AVEM Avantis Emerging Markets Eq | Add +71.3% | 1.23% | +0.53 |
| JMBS Janus Henderson Mortg Backed | Add +28.8% | 1.81% | +0.43 |
| SPTS SS SPDR P St Term TSY ETF | New | 0.35% | +0.35 |
| CSNR C&S Nat Resources Active ETF | New | 0.29% | +0.29 |
| TOLZ Proshares GLB Infrastructure | New | 0.29% | +0.29 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +64.4% | 0.67% | +0.26 |
| XSVN Bondbloxx BBG 7 YR US Treas | Add +40.8% | 0.69% | +0.21 |
| CVX Chevron Corp. | Add +7.2% | 0.97% | +0.18 |
| UNH Unitedhealth Group Inc. | Add +14.4% | 1.17% | +0.18 |
| QTUM Defiance Quantum ETF | New | 0.16% | +0.16 |
| IETC iShares U.S. Tech Independen | New | 0.16% | +0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +7.2% | 0.76% | +0.16 |
| LOUP Innovator Deepwater Frontier | New | 0.15% | +0.15 |
| IVV iShares Core S&P 500 ETF | Add +2836.3% | 0.15% | +0.15 |
| MUB iShares National Muni Bond E | New | 0.14% | +0.14 |
| XTRE Bondbloxx BBG 3Y US TSY ETF | Add +25.9% | 0.61% | +0.13 |
| ABT Abbott Laboratories | Add +1.8% | 0.76% | +0.12 |
| XFIV Bondbloxx BBG 5 YR US Treas | Add +11.7% | 0.99% | +0.12 |
| V Visa Inc. Class A | Add +1.8% | 1.07% | +0.12 |
| KO The Coca-Cola Co. | Add +2.9% | 0.75% | +0.11 |
| JNJ Johnson & Johnson | Add +3.6% | 0.74% | +0.11 |
| COP Conocophillips | Add +17.4% | 0.59% | +0.11 |
| MDT Medtronic PLC | Add +3.3% | 0.81% | +0.11 |
| AZEK The Azek Co. Inc. | Add +22.1% | 0.49% | +0.10 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +22.8% | 0.52% | +0.10 |
| ULST SS Ultra Short TM Bond ETF | Add +5.8% | 1.51% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +8.2% | 0.93% | +0.09 |
| SLB SLB Ltd. | Add +6.9% | 0.62% | +0.09 |
| COST Costco Wholesale Corp. | Add +18.3% | 0.48% | +0.09 |
| AVUS Avantis U.S. Equity ETF | New | 0.08% | +0.08 |
| URI United Rentals Inc. | Add +34.5% | 0.51% | +0.08 |
| WCN Waste Connections Inc. | Add +13.3% | 0.37% | +0.08 |
| GSY Invesco Ultra Short Duration | Add +6.0% | 1.51% | +0.08 |
| SBUX Starbucks Corp. | Add +5.4% | 0.68% | +0.08 |
| APH Amphenol Corp. Class A | Add +29.0% | 0.43% | +0.08 |
| MCD McDonald's Corp. | Add +3.4% | 0.75% | +0.07 |
| PG The Procter & Gamble Co. | Add +7.9% | 0.87% | +0.07 |
| LOW Lowe's Cos Inc. | Add +22.8% | 0.55% | +0.07 |
| META Meta Platforms Inc. Class A | Add +7.5% | 1.38% | +0.07 |
| WMT Walmart Inc. | Add +14.5% | 0.72% | +0.07 |
| ZBH Zimmer Biomet Holdings Inc. | Add +11.2% | 0.43% | +0.07 |
| ECL Ecolab Inc. | Add +11.6% | 0.39% | +0.07 |
| XTEN Bondbloxx BBG 10Y US TSY ETF | Add +16.2% | 0.38% | +0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 448 | $7.2B | SPYM, NVDA, DMBS, AAPL, AMZN |
| Q1 2026 | 420 | $6.5B | SPYM, DMBS, GLDM, NVDA, AMZN |
| Q4 2025 | 343 | $6.3B | SPYM, MSFT, NVDA, AMZN, AAPL |
| Q3 2025 | 369 | $6.0B | SPYM, NVDA, MSFT, AMZN, AAPL |
| Q2 2025 | 358 | $5.5B | SPYM, MSFT, NVDA, AMZN, SPAB |
| Q1 2025 | 320 | $5.0B | SPYM, SPAB, AMZN, MSFT, AAPL |
| Q4 2024 | 298 | $4.9B | SPYM, SPDW, IGTR, SPYI, SPAB |
| Q3 2024 | 299 | $4.8B | SPYM, IGTR, SIXJ, SPDW, SPAB |
| Q2 2024 | 1,362 | $4.5B | SPYM, IGTR, SPDW, SPAB, IGIB |
| Q1 2024 | 1,190 | $4.3B | SPYM, IGTR, IGIB, SPDW, SPAB |