Gradient Investments LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 6, 2025), Gradient Investments LLC reported 369 stock positions worth $6.0 billion. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 4.9% of the portfolio, followed by Nvidia (NVDA, 2.5%) and Microsoft (MSFT, 2.5%). Compared with Q2 2025, it opened 41 new positions, sold out of 30, added to 191 and reduced 118. The biggest buy was a new position in Allianzim US BF15 Uncap Sep (SEPU) and the biggest sale SS Ultra Short TM Bond ETF (ULST, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- ARDEN HILLS, MN
- CIK
- 0001542265
- Portfolio Value
- $6.0B (Q3 2025)
- SEC Filing
- 0001542265-25-000007 ↗ filed Oct 6, 2025
Holdings Value
Holdings 369 stocks · $6.0B
| SPYM Ste STR SPDR PT S&P 500 ETF | 4.90% | 3,749,672 | $293.7M | Add +5.5% |
| NVDA Nvidia Corp. | 2.47% | 792,506 | $147.9M | Add +2.7% |
| MSFT Microsoft Corp. | 2.47% | 285,163 | $147.7M | Add +4.3% |
| AMZN Amazon.com Inc. | 2.10% | 571,895 | $125.6M | Add +3.9% |
| AAPL Apple Inc. | 2.05% | 481,952 | $122.7M | Add +3.6% |
| DMBS Doubleline Mortgage ETF | 2.00% | 2,406,817 | $119.6M | Add +28.3% |
| GOOG Alphabet Inc. Class C | 1.99% | 489,836 | $119.3M | Add +0.4% |
| AVDE Avantis International Equity | 1.73% | 1,314,112 | $103.7M | Add +9.1% |
| SPAB SS SPDR P Agg Bond ETF | 1.65% | 3,834,575 | $99.1M | Reduce -1.6% |
| JMBS Janus Henderson Mortg Backed | 1.63% | 2,138,813 | $97.7M | Add +7.6% |
| META Meta Platforms Inc. Class A | 1.58% | 129,103 | $94.8M | Add +6.1% |
| SPYI Neos S&P 500 High Income ETF | 1.53% | 1,752,971 | $91.7M | Add +5.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 1.52% | 2,128,703 | $91.1M | Add +0.8% |
| SEPU Allianzim US BF15 Uncap Sep | 1.50% | 3,146,132 | $89.7M | New |
| RECS Columbia Resear Enh Cor ETF | 1.44% | 2,138,180 | $86.3M | Add +5.2% |
| AVEM Avantis Emerging Markets Eq | 1.34% | 1,070,663 | $80.4M | Add +4.7% |
| GLDM SPDR Gold Minishares Trust | 1.27% | 992,839 | $75.9M | Add +7.6% |
| GSY Invesco Ultra Short Duration | 1.21% | 1,438,188 | $72.2M | Reduce -1.0% |
| UYLD Angel Oak Ultrashort Income | 1.20% | 1,407,020 | $72.0M | New |
| AVGO Broadcom Inc. | 1.19% | 215,950 | $71.2M | Add +0.3% |
| IETC iShares U.S. Tech Independen | 1.06% | 624,588 | $63.7M | Add +403.9% |
| QQQM Invesco Nasdaq 100 ETF | 1.05% | 255,623 | $63.2M | New |
| GS Goldman Sachs Group Inc. | 1.00% | 75,120 | $59.8M | Reduce -2.7% |
| JPM JPMorgan Chase & Co. | 0.99% | 188,391 | $59.4M | Add +0.5% |
| JAAA Janus Henderson Aaa Clo ETF | 0.99% | 1,164,354 | $59.1M | Add +7.7% |
| XFIV Bondbloxx BBG 5 YR US Treas | 0.94% | 1,137,389 | $56.3M | Add +7.1% |
| PRFD PIMCO Pref and Cap Sec Act | 0.90% | 1,044,173 | $54.1M | Add +4.2% |
| IGTR Innovator Grad Tact Rotation | 0.90% | 2,034,667 | $53.8M | Reduce -17.5% |
| MS Morgan Stanley | 0.89% | 337,071 | $53.6M | Add +1.8% |
| HELO JPMorgan Hedged Equity ETF | 0.87% | 801,619 | $52.1M | Add +1.9% |
| DABS Doubleline Asset-Backed ETF | 0.86% | 1,010,950 | $51.6M | Add +5.7% |
| CVX Chevron Corp. | 0.86% | 330,205 | $51.3M | Add +4.0% |
| V Visa Inc. Class A | 0.84% | 147,954 | $50.5M | Add +1.9% |
| FEBT Allianzim US Eq BFFR10 FB-US | 0.82% | 1,328,792 | $49.2M | Add +0.4% |
| UNH Unitedhealth Group Inc. | 0.82% | 141,503 | $48.9M | Add +14.9% |
| XLF SS Financial Select Sector | 0.74% | 821,185 | $44.2M | Add +11778.9% |
| MDT Medtronic PLC | 0.74% | 463,263 | $44.1M | Add +2.6% |
| WMT Walmart Inc. | 0.72% | 420,697 | $43.4M | Add +6.0% |
| BBBS BBLX BBB 1-5Y Corp. Bond ETF | 0.72% | 837,900 | $43.3M | Add +6.8% |
| JNJ Johnson & Johnson | 0.70% | 227,549 | $42.2M | Add +2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.70% | 82,881 | $41.7M | Add +7.3% |
| XBJL Inn US Eq Acc 9 Buff July | 0.69% | 1,100,735 | $41.2M | Add +0.8% |
| ETN Eaton Corp. PLC | 0.68% | 109,237 | $40.9M | Add +46.9% |
| ABT Abbott Laboratories | 0.67% | 299,406 | $40.1M | Add +2.2% |
| URI United Rentals Inc. | 0.65% | 41,009 | $39.1M | Add +1.8% |
| XSVN Bondbloxx BBG 7 YR US Treas | 0.65% | 811,105 | $39.1M | Add +7.1% |
| MCD McDonald's Corp. | 0.63% | 124,921 | $38.0M | Add +3.0% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.63% | 692,313 | $37.4M | Add +70.2% |
| LOW Lowe's Cos Inc. | 0.62% | 146,984 | $36.9M | Add +7.3% |
| APH Amphenol Corp. Class A | 0.61% | 294,904 | $36.5M | Add +2.5% |
| DDTL Invtr Eq D Di 10 B ETF - Jul | 0.61% | 1,778,692 | $36.4M | New |
| FTSM First Trust Enh Short Mat FD | 0.61% | 605,766 | $36.3M | Add +43.1% |
| KO The Coca-Cola Co. | 0.60% | 546,081 | $36.2M | Add +3.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.59% | 684,034 | $35.3M | Add +1.6% |
| SPTI SS SPDR P Int Term TSY ETF | 0.59% | 1,218,560 | $35.2M | Add +5.6% |
| CRPT FT Skybr Crypt & Dig Econ | 0.58% | 1,569,583 | $35.0M | Add +23.6% |
| XTRE Bondbloxx BBG 3Y US TSY ETF | 0.58% | 693,407 | $34.6M | Add +7.0% |
| PG The Procter & Gamble Co. | 0.58% | 224,312 | $34.5M | Add +4.0% |
| NAUG Innov G-100 Powr BF ETF -Aug | 0.57% | 1,181,893 | $34.2M | New |
| LRCX Lam Research Corp. | 0.56% | 251,593 | $33.7M | Add +2.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.56% | 366,198 | $33.6M | Add +1.2% |
| NEE Nextera Energy Inc. | 0.56% | 442,446 | $33.4M | Add +4.1% |
| PANW Palo Alto Networks Inc. | 0.56% | 163,746 | $33.3M | Add +7.4% |
| NFLX Netflix Inc. | 0.54% | 27,224 | $32.6M | Add +7.0% |
| XTEN Bondbloxx BBG 10Y US TSY ETF | 0.52% | 667,789 | $31.1M | Add +53.8% |
| PCMM BBLX Private Credit Clo ETF | 0.50% | 593,889 | $30.0M | Add +7.6% |
| PWR Quanta Services Inc. | 0.49% | 70,469 | $29.2M | Add +5.7% |
| ARKW ARK Next Generation Technolo | 0.48% | 165,616 | $28.9M | Add +20.3% |
| BLOK Amplify Blockchain Tech ETF | 0.48% | 426,945 | $28.6M | Add +23.6% |
| SMOT Vaneck Morningstar Smid Moat | 0.48% | 788,664 | $28.5M | Reduce -36.2% |
| TJUL Innovator Equity Defined Pro | 0.47% | 953,418 | $27.9M | Add +2.2% |
| JULT All US Equ BUF10 Jul ETF-Usd | 0.45% | 608,128 | $26.7M | Add +0.4% |
| TGT Target Corp. | 0.43% | 283,989 | $25.5M | Add +6.0% |
| MLM Martin Marietta Materials | 0.42% | 40,306 | $25.4M | New |
| EXR Extra Space Storage Inc. | 0.41% | 175,026 | $24.7M | Reduce -23.9% |
| COST Costco Wholesale Corp. | 0.41% | 26,340 | $24.4M | Add +7.4% |
| NOW ServiceNow Inc. | 0.41% | 26,407 | $24.3M | Add +7.7% |
| ECL Ecolab Inc. | 0.40% | 87,652 | $24.0M | Add +5.7% |
| ISEP Innovator Intl Dev Eq Power | 0.40% | 747,534 | $23.8M | Add +2.7% |
| COP Conocophillips | 0.40% | 251,280 | $23.8M | Add +4.2% |
| SBUX Starbucks Corp. | 0.39% | 273,379 | $23.1M | Reduce -25.6% |
| PYPL PayPal Holdings Inc. | 0.39% | 343,973 | $23.1M | Add +6.1% |
| CSHI Neos Enhanced Income 1-3 Mon | 0.38% | 462,498 | $23.0M | Add +7.6% |
| BKR Baker Hughes Co. | 0.38% | 471,721 | $23.0M | Add +2.7% |
| BSX Boston Scientific Corp. | 0.38% | 230,372 | $22.5M | Add +5.5% |
| MLPA Global X MLP ETF | 0.36% | 447,269 | $21.7M | Add +2.8% |
| WCN Waste Connections Inc. | 0.36% | 122,873 | $21.6M | Add +6.9% |
| SNPS Synopsys Inc. | 0.35% | 42,524 | $21.0M | Add +3.1% |
| MUB iShares National Muni Bond E | 0.35% | 196,005 | $20.9M | Add +53.2% |
| AVUS Avantis U.S. Equity ETF | 0.34% | 189,300 | $20.6M | Add +96.6% |
| EQIX Equinix Inc. | 0.34% | 25,724 | $20.1M | Add +4.2% |
| ORCL Oracle Corp. | 0.33% | 70,122 | $19.7M | Reduce -8.6% |
| CHAT Roundhill Gen AI & Tech ETF | 0.33% | 319,444 | $19.6M | Add +23.3% |
| UBER Uber Technologies Inc. | 0.33% | 200,356 | $19.6M | Add +5.8% |
| DXCM Dexcom Inc. | 0.33% | 291,663 | $19.6M | Add +8.1% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.32% | 719,462 | $19.4M | Add +19.8% |
| ZBH Zimmer Biomet Holdings Inc. | 0.32% | 194,446 | $19.2M | Add +4.7% |
| LUV Southwest Airlines Co. | 0.31% | 578,088 | $18.4M | Add +5.4% |
| LOUP Innovator Deepwater Frontier | 0.30% | 245,725 | $18.2M | Add +27.1% |
| PODD Insulet Corp. | 0.30% | 58,664 | $18.1M | Add +5.8% |
Portfolio Sells Q2 2025 → Q3 2025
| ULST SS Ultra Short TM Bond ETF | Reduce -99.5% | 0.01% | −1.33 |
| QUAL iShares MSCI USA Quality Fac | Reduce -99.4% | 0.01% | −1.25 |
| BBUS JPMorgan Betabuilders US Equ | Reduce -83.6% | 0.19% | −1.00 |
| BAPR Innovator U.S. Equity Buffer | Reduce -98.0% | 0.02% | −0.84 |
| XBAP Innovator US Eqy Accel 9 Buf | Reduce -98.9% | 0.01% | −0.83 |
| MBS Angel Oak Mortg-Bcked SE ETF | Reduce -99.6% | 0.00% | −0.73 |
| OCTW Alianzim US Eq BFR20 Oct-Usd | Reduce -96.3% | 0.02% | −0.67 |
| NAPR Innovator Growth 100 Power B | Reduce -96.2% | 0.02% | −0.59 |
| RSP Invesco S&P 500 Equal Weight | Reduce -99.3% | 0.00% | −0.54 |
| AZEK The Azek Co. Inc. | Sold out | 0.00% | −0.49 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.41 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -62.2% | 0.21% | −0.40 |
| CAH Cardinal Health Inc. | Sold out | 0.00% | −0.32 |
| SMOT Vaneck Morningstar Smid Moat | Reduce -36.2% | 0.48% | −0.31 |
| PFE Pfizer Inc. | Reduce -80.2% | 0.07% | −0.29 |
| NYT New York Times Co. Class A | Sold out | 0.00% | −0.27 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −0.26 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.25 |
| SLB SLB Ltd. | Reduce -77.2% | 0.07% | −0.25 |
| XEL Xcel Energy Inc. | Sold out | 0.00% | −0.25 |
| CB Chubb Ltd. | Sold out | 0.00% | −0.25 |
| SYY Sysco Corp. | Reduce -91.8% | 0.02% | −0.24 |
| CI The Cigna Group | Sold out | 0.00% | −0.24 |
| SBUX Starbucks Corp. | Reduce -25.6% | 0.39% | −0.23 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.22 |
| CRM Salesforce Inc. | Reduce -97.5% | 0.00% | −0.22 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.22 |
| IGTR Innovator Grad Tact Rotation | Reduce -17.5% | 0.90% | −0.21 |
| PEP Pepsico Inc. | Reduce -95.7% | 0.01% | −0.21 |
| EXR Extra Space Storage Inc. | Reduce -23.9% | 0.41% | −0.21 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.18 |
| WEN The Wendy's Co. | Sold out | 0.00% | −0.17 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -1.6% | 1.65% | −0.17 |
| MLPD GBL X MLP & Enrg Infr CC ETF | Sold out | 0.00% | −0.14 |
| JPRE JPMorgan Realty Income ETF | Sold out | 0.00% | −0.13 |
| GSY Invesco Ultra Short Duration | Reduce -1.0% | 1.21% | −0.13 |
| CLOZ Eldridge BBB-B Clo ETF | Reduce -43.3% | 0.13% | −0.12 |
| PPLT Abrdn Physical Platinum SHRS | Sold out | 0.00% | −0.10 |
| ICE Intercontinental Exchange Inc. | Reduce -7.1% | 0.21% | −0.06 |
| HON Honeywell International Inc. | Reduce -0.7% | 0.21% | −0.05 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -5.4% | 0.27% | −0.04 |
| CLOI Vaneck Clo ETF | Reduce -4.5% | 0.24% | −0.03 |
| RTX RTX Corp. | Reduce -13.6% | 0.26% | −0.03 |
| PSLV Sprott Physical Silver Trust | Reduce -38.8% | 0.05% | −0.02 |
| DFUS Dimensional US Eq MKT ETF | Reduce -12.2% | 0.11% | −0.02 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -9.6% | 0.07% | −0.01 |
| IBTG iShares Ibonds Dec 2026 Term | Reduce -9.9% | 0.07% | −0.01 |
| FTNT Fortinet Inc. | Reduce -3.0% | 0.03% | −0.01 |
| IAU iShares Gold Trust | Reduce -17.1% | 0.09% | −0.01 |
| MYCF State Street MY2026 Corporat | Reduce -9.7% | 0.06% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| SEPU Allianzim US BF15 Uncap Sep | New | 1.50% | +1.50 |
| UYLD Angel Oak Ultrashort Income | New | 1.20% | +1.20 |
| QQQM Invesco Nasdaq 100 ETF | New | 1.05% | +1.05 |
| IETC iShares U.S. Tech Independen | Add +403.9% | 1.06% | +0.85 |
| XLF SS Financial Select Sector | Add +11778.9% | 0.74% | +0.73 |
| DDTL Invtr Eq D Di 10 B ETF - Jul | New | 0.61% | +0.61 |
| NAUG Innov G-100 Powr BF ETF -Aug | New | 0.57% | +0.57 |
| MLM Martin Marietta Materials | New | 0.42% | +0.42 |
| GOOG Alphabet Inc. Class C | Add +0.4% | 1.99% | +0.41 |
| DMBS Doubleline Mortgage ETF | Add +28.3% | 2.00% | +0.31 |
| AAPL Apple Inc. | Add +3.6% | 2.05% | +0.30 |
| PRIV SS Ig Publ Priv Cred ETF-Usd | New | 0.30% | +0.30 |
| WELL Welltower Inc. | New | 0.26% | +0.26 |
| MO Altria Group Inc. | New | 0.25% | +0.25 |
| AEP American Electric Power | Add +4026.0% | 0.25% | +0.24 |
| NVDA Nvidia Corp. | Add +2.7% | 2.47% | +0.24 |
| SJM The JM Smucker Co. | New | 0.23% | +0.23 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +70.2% | 0.63% | +0.23 |
| JHX James Hardie Ind PLC | New | 0.23% | +0.23 |
| USB US Bancorp | Add +3500.7% | 0.23% | +0.23 |
| KMI Kinder Morgan Inc. | New | 0.23% | +0.23 |
| ROK Rockwell Automation Inc. | Add +2701.3% | 0.23% | +0.23 |
| PZZA Papa John's Intl Inc. | New | 0.22% | +0.22 |
| CME Cme Group Inc. | New | 0.22% | +0.22 |
| GIS General Mills Inc. | New | 0.21% | +0.21 |
| MOS The Mosaic Co. | New | 0.21% | +0.21 |
| WFC Wells Fargo & Co. | Add +1074.9% | 0.23% | +0.21 |
| PRU Prudential Financial Inc. | Add +697.7% | 0.24% | +0.21 |
| DIS The Walt Disney Co. | Add +1897.5% | 0.22% | +0.21 |
| MCO Moody's Corp. | New | 0.20% | +0.20 |
| KAUG Inv US SML Cap PB ETF - Aug | New | 0.20% | +0.20 |
| ETN Eaton Corp. PLC | Add +46.9% | 0.68% | +0.20 |
| TXN Texas Instruments Inc. | New | 0.20% | +0.20 |
| IBM Intl Business Machines Corp. | Add +1619.5% | 0.20% | +0.19 |
| CAIE Calamos Autocallable Inc. ETF | New | 0.18% | +0.18 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +5.5% | 4.90% | +0.18 |
| AVUS Avantis U.S. Equity ETF | Add +96.6% | 0.34% | +0.17 |
| GLDM SPDR Gold Minishares Trust | Add +7.6% | 1.27% | +0.16 |
| XTEN Bondbloxx BBG 10Y US TSY ETF | Add +53.8% | 0.52% | +0.15 |
| FTSM First Trust Enh Short Mat FD | Add +43.1% | 0.61% | +0.14 |
| SIVR Abrdn Physical Silver Shares | Add +53.7% | 0.30% | +0.13 |
| LRCX Lam Research Corp. | Add +2.9% | 0.56% | +0.13 |
| IYRI Neos Real Est HGH Inc. ETF | New | 0.13% | +0.13 |
| BLOK Amplify Blockchain Tech ETF | Add +23.6% | 0.48% | +0.12 |
| UNH Unitedhealth Group Inc. | Add +14.9% | 0.82% | +0.11 |
| ARKW ARK Next Generation Technolo | Add +20.3% | 0.48% | +0.11 |
| AVGO Broadcom Inc. | Add +0.3% | 1.19% | +0.10 |
| MUB iShares National Muni Bond E | Add +53.2% | 0.35% | +0.10 |
| AVDE Avantis International Equity | Add +9.1% | 1.73% | +0.10 |
| URI United Rentals Inc. | Add +1.8% | 0.65% | +0.10 |
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 |