Great Waters Wealth Management
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 9, 2024), Great Waters Wealth Management reported 104 stock positions worth $654.8 million. Its top holding was Dimensional US Eq MKT ETF (DFUS) at 17.8% of the portfolio, followed by Dimensional World Ex US Core (DFAX, 13.2%) and Dimensional Core Fixed (DFCF, 11.4%). Compared with Q1 2024, it opened 8 new positions, sold out of 4, added to 37 and reduced 44. The biggest buy was Dimensional US Eq MKT ETF (DFUS, shares +11%) and the biggest sale Dimensional International (DFIC, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- SHOREVIEW, MN
- CIK
- 0001964535
- Portfolio Value
- $654.8M (Q2 2024)
- SEC Filing
- 0001964535-24-000004 ↗ filed Jul 9, 2024
Holdings Value
Holdings 104 stocks · $654.8M
| DFUS Dimensional US Eq MKT ETF | 17.82% | 1,982,570 | $116.7M | Add +10.6% |
| DFAX Dimensional World Ex US Core | 13.16% | 3,390,439 | $86.2M | Add +12.1% |
| DFCF Dimensional Core Fixed Inc. | 11.41% | 1,798,026 | $74.7M | Add +19.2% |
| BND Vanguard Total Bond Market | 8.05% | 731,640 | $52.7M | Reduce -5.0% |
| DFSD Dimensional Short Duration | 6.87% | 956,929 | $45.0M | Add +19.6% |
| DFIC Dimensional International Co. | 6.14% | 1,529,266 | $40.2M | Reduce -7.9% |
| DFAS Dimensional US Small Cap ETF | 6.12% | 666,563 | $40.0M | Add +14.9% |
| IWM iShares Russell 2000 ETF | 5.16% | 166,532 | $33.8M | Reduce -6.9% |
| DFAT Dimensional US Target Value | 4.21% | 530,985 | $27.5M | Add +12.8% |
| DFAE Dimensional Emerging Core Eq | 2.29% | 578,386 | $15.0M | Reduce -7.0% |
| DFGR Dim Global Real Estate ETF | 1.94% | 508,600 | $12.7M | Add +16.6% |
| DFAC Dimensional US Core Equity 2 | 1.79% | 364,487 | $11.8M | Reduce -0.9% |
| UNH Unitedhealth Group Inc. | 1.40% | 18,000 | $9.2M | Reduce -3.4% |
| AAPL Apple Inc. | 1.25% | 38,786 | $8.2M | Add +7.5% |
| NVDA Nvidia Corp. | 1.02% | 53,887 | $6.7M | Add +2.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.55% | 72,144 | $3.6M | Add +1.3% |
| MMM 3M Co. | 0.41% | 26,369 | $2.7M | Reduce -9.0% |
| HON Honeywell International Inc. | 0.39% | 11,929 | $2.5M | Reduce -2.5% |
| SPGM State Street SPDR Portfolio | 0.37% | 39,362 | $2.4M | Reduce -1.6% |
| IWF iShares Russell 1000 Growth | 0.36% | 6,417 | $2.3M | Reduce -31.6% |
| SCHD Schwab US DVD Equity ETF | 0.35% | 29,823 | $2.3M | Reduce -2.4% |
| SCHB Schwab US Broad Market ETF | 0.35% | 36,514 | $2.3M | Reduce -3.0% |
| DCI Donaldson Co. Inc. | 0.35% | 31,999 | $2.3M | Reduce -1.8% |
| MSFT Microsoft Corp. | 0.35% | 5,120 | $2.3M | Add +7.6% |
| EFA iShares MSCI Eafe ETF | 0.30% | 24,988 | $2.0M | Add +0.3% |
| CORP PIMCO Inv Grade Corp. BD ETF | 0.28% | 19,380 | $1.8M | Reduce -5.5% |
| SRLN SS Blackstone Sr Loan ETF | 0.27% | 41,705 | $1.7M | Reduce -4.8% |
| IWD iShares Russell 1000 Value E | 0.26% | 9,639 | $1.7M | Reduce -0.9% |
| SCHG Schwab US Large-Cap Growth | 0.26% | 16,559 | $1.7M | Reduce -3.4% |
| SPLV Invesco S&P 500 Low Volatili | 0.24% | 23,857 | $1.5M | Reduce -3.3% |
| AMZN Amazon.com Inc. | 0.23% | 7,930 | $1.5M | Add +3.0% |
| COST Costco Wholesale Corp. | 0.23% | 1,745 | $1.5M | Add +1.0% |
| ACWI iShares MSCI Acwi ETF | 0.22% | 12,607 | $1.4M | Reduce -5.3% |
| HWKN Hawkins Inc. | 0.22% | 15,566 | $1.4M | Add +0.2% |
| SCHO Schwab Short-Term US Treas | 0.21% | 29,206 | $1.4M | Reduce -6.6% |
| VGSH Vanguard Short-Term Treasury | 0.20% | 23,028 | $1.3M | Reduce -4.1% |
| SCHF Schwab Intl Equity ETF | 0.19% | 32,802 | $1.3M | Reduce -1.3% |
| SCHA Schwab US Small-Cap ETF | 0.18% | 25,199 | $1.2M | Reduce -2.3% |
| MDT Medtronic PLC | 0.18% | 14,767 | $1.2M | Reduce -6.8% |
| SCHZ Schwab US Aggregate Bond ETF | 0.17% | 24,305 | $1.1M | Reduce -2.7% |
| SCHM Schwab US Mid Cap ETF | 0.16% | 13,288 | $1.0M | Reduce -2.9% |
| FICO Fair Isaac Corp. | 0.16% | 685 | $1.0M | No change |
| TTC Toro Co. | 0.14% | 10,101 | $945K | Add +23.0% |
| IFLN Invesco Bloomberg Enhanced F | 0.14% | 52,100 | $936K | Reduce -1.2% |
| XEL Xcel Energy Inc. | 0.14% | 16,728 | $893K | Reduce -28.5% |
| VGK Vanguard Ftse Europe ETF | 0.13% | 12,661 | $845K | Reduce -0.5% |
| LLY Eli Lilly & Co. | 0.13% | 913 | $826K | Add +8.3% |
| ECL Ecolab Inc. | 0.12% | 3,361 | $800K | Reduce -1.2% |
| PFE Pfizer Inc. | 0.12% | 27,409 | $767K | Add +1.6% |
| TER Teradyne Inc. | 0.11% | 5,000 | $741K | Reduce -28.1% |
| CL Colgate-Palmolive Co. | 0.11% | 7,552 | $733K | No change |
| IVV iShares Core S&P 500 ETF | 0.11% | 1,324 | $725K | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 1,720 | $700K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.10% | 2,488 | $665K | Reduce -2.2% |
| TSLA Tesla Inc. | 0.10% | 3,254 | $644K | Add +5.9% |
| MCK McKesson Corp. | 0.09% | 994 | $581K | No change |
| PCY Invesco Emerging Markets Sov | 0.09% | 28,368 | $567K | Reduce -7.4% |
| GIS General Mills Inc. | 0.08% | 8,730 | $552K | Reduce -22.2% |
| GOOGL Alphabet Inc. Class A | 0.08% | 3,032 | $552K | Add +15.4% |
| XOM Exxon Mobil Corp. | 0.08% | 4,324 | $498K | Add +146.0% |
| DGRE Wisdomtree Emerging Markets | 0.08% | 18,672 | $493K | Reduce -3.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.07% | 888 | $483K | Reduce -9.4% |
| CNI Canadian Natl Railway Co. | 0.07% | 3,894 | $460K | No change |
| USB US Bancorp | 0.07% | 11,184 | $444K | Reduce -1.8% |
| MU Micron Technology Inc. | 0.07% | 3,347 | $440K | Reduce -7.1% |
| ABT Abbott Laboratories | 0.06% | 4,078 | $424K | Add +5.3% |
| HD Home Depot Inc. | 0.06% | 1,161 | $400K | Add +8.5% |
| GMF State Street SPDR S&P Emergi | 0.06% | 3,565 | $397K | Reduce -1.7% |
| WFC Wells Fargo & Co. | 0.06% | 6,652 | $395K | New |
| ENTG Entegris Inc. | 0.05% | 2,657 | $360K | Reduce -29.6% |
| AMP Ameriprise Financial Inc. | 0.05% | 819 | $350K | No change |
| SOLV Solventum Corp. | 0.05% | 6,519 | $345K | Reduce -10.0% |
| OHI Omega Healthcare Investors | 0.05% | 10,000 | $343K | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.05% | 4,420 | $342K | Reduce -1.1% |
| DHR Danaher Corp. | 0.05% | 1,330 | $332K | Add +1.6% |
| ADBE Adobe Inc. | 0.05% | 591 | $328K | Add +13.2% |
| BSX Boston Scientific Corp. | 0.05% | 4,258 | $328K | Reduce -43.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.05% | 663 | $318K | Add +6.3% |
| DAL Delta Air Lines Inc. | 0.05% | 6,588 | $313K | Add +8.3% |
| TGT Target Corp. | 0.05% | 2,037 | $302K | Add +21.0% |
| META Meta Platforms Inc. Class A | 0.05% | 588 | $296K | Add +2.6% |
| ITOT iShares Core S&P Total U.S. | 0.04% | 2,474 | $294K | New |
| WMT Walmart Inc. | 0.04% | 4,232 | $287K | Add +16.8% |
| AMGN Amgen Inc. | 0.04% | 906 | $283K | No change |
| TRV The Travelers Cos Inc. | 0.04% | 1,350 | $275K | Add +0.5% |
| HIG Hartford Insurance Group Inc. | 0.04% | 2,595 | $261K | Add +0.1% |
| ORCL Oracle Corp. | 0.04% | 1,834 | $259K | Add +1.8% |
| JNJ Johnson & Johnson | 0.04% | 1,727 | $252K | Add +1.5% |
| MO Altria Group Inc. | 0.04% | 5,437 | $248K | No change |
| OTTR Otter Tail Corp. | 0.04% | 2,732 | $239K | Add +0.1% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.04% | 8,890 | $236K | Reduce -0.8% |
| LRCX Lam Research Corp. | 0.03% | 205 | $218K | New |
| ABBV Abbvie Inc. | 0.03% | 1,268 | $217K | New |
| AVGO Broadcom Inc. | 0.03% | 135 | $217K | New |
| TSM Taiwan Semiconductor-SP ADR | 0.03% | 1,238 | $215K | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.03% | 5,370 | $214K | New |
| PFFA Virtus Infracap US Pref STCK | 0.03% | 10,000 | $210K | No change |
| V Visa Inc. Class A | 0.03% | 797 | $209K | Add +10.2% |
| CMA Comerica Inc. | 0.03% | 4,051 | $207K | No change |
| VEA Vanguard Ftse Developed ETF | 0.03% | 4,083 | $202K | New |
| PSO Pearson PLC-Sponsored ADR | 0.03% | 14,506 | $181K | No change |
| VGR Vector Group Ltd. | 0.02% | 15,000 | $159K | No change |
| SFL SFL Corp. Ltd. | 0.02% | 10,000 | $139K | No change |
| GNL Global Net Lease Inc. | 0.01% | 10,000 | $74K | No change |
Portfolio Sells Q1 2024 → Q2 2024
| DFIC Dimensional International Co. | Reduce -7.9% | 6.14% | −1.12 |
| BND Vanguard Total Bond Market | Reduce -5.0% | 8.05% | −1.09 |
| IWM iShares Russell 2000 ETF | Reduce -6.9% | 5.16% | −0.99 |
| DFAE Dimensional Emerging Core Eq | Reduce -7.0% | 2.29% | −0.23 |
| IWF iShares Russell 1000 Growth | Reduce -31.6% | 0.36% | −0.16 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.9% | 1.79% | −0.12 |
| UNH Unitedhealth Group Inc. | Reduce -3.4% | 1.40% | −0.11 |
| XEL Xcel Energy Inc. | Reduce -28.5% | 0.14% | −0.07 |
| SCHD Schwab US DVD Equity ETF | Reduce -2.4% | 0.35% | −0.05 |
| MDT Medtronic PLC | Reduce -6.8% | 0.18% | −0.05 |
| DCI Donaldson Co. Inc. | Reduce -1.8% | 0.35% | −0.05 |
| GIS General Mills Inc. | Reduce -22.2% | 0.08% | −0.04 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.04 |
| CORP PIMCO Inv Grade Corp. BD ETF | Reduce -5.5% | 0.28% | −0.04 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.04 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -4.8% | 0.27% | −0.04 |
| HRL Hormel Foods Corp. | Sold out | 0.00% | −0.04 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.03 |
| BSX Boston Scientific Corp. | Reduce -43.0% | 0.05% | −0.03 |
| ENTG Entegris Inc. | Reduce -29.6% | 0.05% | −0.03 |
| SCHO Schwab Short-Term US Treas | Reduce -6.6% | 0.21% | −0.03 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -3.3% | 0.24% | −0.03 |
| IWD iShares Russell 1000 Value E | Reduce -0.9% | 0.26% | −0.03 |
| SPGM State Street SPDR Portfolio | Reduce -1.6% | 0.37% | −0.02 |
| SCHA Schwab US Small-Cap ETF | Reduce -2.3% | 0.18% | −0.02 |
| SCHB Schwab US Broad Market ETF | Reduce -3.0% | 0.35% | −0.02 |
| SCHM Schwab US Mid Cap ETF | Reduce -2.9% | 0.16% | −0.02 |
| VGSH Vanguard Short-Term Treasury | Reduce -4.1% | 0.20% | −0.02 |
| ACWI iShares MSCI Acwi ETF | Reduce -5.3% | 0.22% | −0.02 |
| HON Honeywell International Inc. | Reduce -2.5% | 0.39% | −0.02 |
| SCHF Schwab Intl Equity ETF | Reduce -1.3% | 0.19% | −0.02 |
| MMM 3M Co. | Reduce -9.0% | 0.41% | −0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -2.7% | 0.17% | −0.02 |
| PCY Invesco Emerging Markets Sov | Reduce -7.4% | 0.09% | −0.02 |
| USB US Bancorp | Reduce -1.8% | 0.07% | −0.02 |
| TER Teradyne Inc. | Reduce -28.1% | 0.11% | −0.01 |
| IFLN Invesco Bloomberg Enhanced F | Reduce -1.2% | 0.14% | −0.01 |
| VGK Vanguard Ftse Europe ETF | Reduce -0.5% | 0.13% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -9.4% | 0.07% | −0.01 |
| SOLV Solventum Corp. | Reduce -10.0% | 0.05% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.2% | 0.10% | −0.01 |
| ECL Ecolab Inc. | Reduce -1.2% | 0.12% | −0.01 |
| DGRE Wisdomtree Emerging Markets | Reduce -3.7% | 0.08% | −0.01 |
| SCHG Schwab US Large-Cap Growth | Reduce -3.4% | 0.26% | −0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -1.1% | 0.05% | −0.00 |
| MU Micron Technology Inc. | Reduce -7.1% | 0.07% | −0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -0.8% | 0.04% | −0.00 |
| GMF State Street SPDR S&P Emergi | Reduce -1.7% | 0.06% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| DFUS Dimensional US Eq MKT ETF | Add +10.6% | 17.82% | +1.13 |
| DFCF Dimensional Core Fixed Inc. | Add +19.2% | 11.41% | +1.07 |
| DFSD Dimensional Short Duration | Add +19.6% | 6.87% | +0.72 |
| DFAX Dimensional World Ex US Core | Add +12.1% | 13.16% | +0.60 |
| NVDA Nvidia Corp. | Add +2.1% | 1.02% | +0.24 |
| AAPL Apple Inc. | Add +7.5% | 1.25% | +0.24 |
| DFAS Dimensional US Small Cap ETF | Add +14.9% | 6.12% | +0.21 |
| DFGR Dim Global Real Estate ETF | Add +16.6% | 1.94% | +0.12 |
| WFC Wells Fargo & Co. | New | 0.06% | +0.06 |
| ITOT iShares Core S&P Total U.S. | New | 0.04% | +0.04 |
| XOM Exxon Mobil Corp. | Add +146.0% | 0.08% | +0.04 |
| LRCX Lam Research Corp. | New | 0.03% | +0.03 |
| ABBV Abbvie Inc. | New | 0.03% | +0.03 |
| AVGO Broadcom Inc. | New | 0.03% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.03% | +0.03 |
| BAC Bank of America Corp. | New | 0.03% | +0.03 |
| VEA Vanguard Ftse Developed ETF | New | 0.03% | +0.03 |
| MSFT Microsoft Corp. | Add +7.6% | 0.35% | +0.02 |
| HWKN Hawkins Inc. | Add +0.2% | 0.22% | +0.02 |
| TTC Toro Co. | Add +23.0% | 0.14% | +0.02 |
| DFAT Dimensional US Target Value | Add +12.8% | 4.21% | +0.02 |
| COST Costco Wholesale Corp. | Add +1.0% | 0.23% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +15.4% | 0.08% | +0.02 |
| LLY Eli Lilly & Co. | Add +8.3% | 0.13% | +0.02 |
| TSLA Tesla Inc. | Add +5.9% | 0.10% | +0.01 |
| WMT Walmart Inc. | Add +16.8% | 0.04% | +0.01 |
| AMZN Amazon.com Inc. | Add +3.0% | 0.23% | +0.01 |
| ADBE Adobe Inc. | Add +13.2% | 0.05% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +6.3% | 0.05% | +0.00 |
| ORCL Oracle Corp. | Add +1.8% | 0.04% | +0.00 |
| DAL Delta Air Lines Inc. | Add +8.3% | 0.05% | +0.00 |
| META Meta Platforms Inc. Class A | Add +2.6% | 0.05% | −0.00 |
| V Visa Inc. Class A | Add +10.2% | 0.03% | −0.00 |
| OTTR Otter Tail Corp. | Add +0.1% | 0.04% | −0.00 |
| DHR Danaher Corp. | Add +1.6% | 0.05% | −0.00 |
| TGT Target Corp. | Add +21.0% | 0.05% | −0.00 |
| IVV iShares Core S&P 500 ETF | Add +0.1% | 0.11% | −0.00 |
| HIG Hartford Insurance Group Inc. | Add +0.1% | 0.04% | −0.00 |
| PFE Pfizer Inc. | Add +1.6% | 0.12% | −0.01 |
| JNJ Johnson & Johnson | Add +1.5% | 0.04% | −0.01 |
| HD Home Depot Inc. | Add +8.5% | 0.06% | −0.01 |
| ABT Abbott Laboratories | Add +5.3% | 0.06% | −0.01 |
| TRV The Travelers Cos Inc. | Add +0.5% | 0.04% | −0.01 |
| EFA iShares MSCI Eafe ETF | Add +0.3% | 0.30% | −0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +1.3% | 0.55% | −0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 127 | $1.1B | DFUS, DFAX, DFCF, DFAS, DFSD |
| Q1 2026 | 121 | $944.9M | DFUS, DFAX, DFCF, DFSD, DFAS |
| Q4 2025 | 117 | $909.0M | DFUS, DFAX, DFCF, DFSD, DFAS |
| Q3 2025 | 114 | $846.4M | DFUS, DFAX, DFCF, DFSD, DFAS |
| Q2 2025 | 110 | $768.9M | DFUS, DFAX, DFCF, DFSD, DFAS |
| Q1 2025 | 103 | $720.8M | DFUS, DFAX, DFCF, DFSD, DFAS |
| Q4 2024 | 112 | $779.3M | DFUS, DFAX, DFCF, DFAS, DFSD |
| Q3 2024 | 110 | $741.6M | DFUS, DFAX, DFCF, DFSD, BND |
| Q2 2024 | 104 | $654.8M | DFUS, DFAX, DFCF, BND, DFSD |
| Q1 2024 | 99 | $612.3M | DFUS, DFAX, DFCF, BND, DFIC |