HighMark Wealth Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), HighMark Wealth Management LLC reported 584 stock positions worth $245.4 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 30.8% of the portfolio, followed by iShares MSCI Eafe Value ETF (EFV, 6.5%) and iShares Russell 2000 ETF (IWM, 5.4%). Compared with Q3 2025, it opened 60 new positions, sold out of 81, added to 183 and reduced 80. The biggest buy was Axogen (AXGN, shares +86%) and the biggest sale an exit from Performant Healthcare (PHLT).
- Most Recent 13F
- Q2 2026
- Location
- ST. PAUL, MN
- CIK
- 0001802451
- Portfolio Value
- $245.4M (Q4 2025)
- SEC Filing
- 0001802451-26-000001 ↗ filed Feb 5, 2026
Holdings Value
Holdings 584 stocks · $245.4M
| IVV iShares Core S&P 500 ETF | 30.79% | 110,309 | $75.6M | Add +1.0% |
| EFV iShares MSCI Eafe Value ETF | 6.49% | 223,010 | $15.9M | Add +0.3% |
| IWM iShares Russell 2000 ETF | 5.37% | 53,583 | $13.2M | Add +0.1% |
| AXGN Axogen Inc. | 4.59% | 343,940 | $11.3M | Add +85.8% |
| IJR iShares Core S&P Small-Cap E | 4.21% | 85,879 | $10.3M | Add +2.0% |
| VOO Vanguard S&P 500 ETF | 4.01% | 15,685 | $9.8M | Reduce -0.1% |
| IUSV iShares Core S&P U.S. Value | 3.21% | 76,800 | $7.9M | Add +0.4% |
| NEO Neogenomics Inc. | 2.72% | 567,334 | $6.7M | Add +41.7% |
| WFC Wells Fargo & Co. | 2.61% | 68,611 | $6.4M | Reduce -8.3% |
| CNTA Centessa Pharmaceuticals Ltd. | 2.41% | 236,785 | $5.9M | Reduce -0.2% |
| ANAB Anaptysbio Inc. | 1.86% | 94,050 | $4.6M | Reduce -30.4% |
| DWAS Invesco Dorsey Wright Smallc | 1.78% | 45,196 | $4.4M | Add +0.4% |
| IJH iShares Core S&P Midcap ETF | 1.56% | 58,067 | $3.8M | Add +0.8% |
| ATRC Atricure Inc. | 1.35% | 83,720 | $3.3M | Reduce -0.0% |
| SIBN Si-Bone Inc. | 1.28% | 159,832 | $3.2M | Add +549.7% |
| TLT iShares 20+ Year Treasury BD | 1.26% | 35,511 | $3.1M | Add +1.2% |
| NVDA Nvidia Corp. | 0.88% | 11,618 | $2.2M | Reduce -1.0% |
| AAPL Apple Inc. | 0.88% | 7,924 | $2.2M | Reduce -5.8% |
| LLY Eli Lilly & Co. | 0.75% | 1,720 | $1.8M | Add +0.1% |
| MSFT Microsoft Corp. | 0.73% | 3,710 | $1.8M | Add +0.9% |
| HCAT Health Catalyst Inc. | 0.72% | 741,482 | $1.8M | Add +139.0% |
| TRV The Travelers Cos Inc. | 0.66% | 5,588 | $1.6M | Add +0.2% |
| ORGO Organogenesis Holdings Inc. | 0.64% | 303,029 | $1.6M | Add +3.4% |
| MMM 3M Co. | 0.64% | 9,734 | $1.6M | Reduce -0.3% |
| EWTX Edgewise Therapeutics Inc. | 0.54% | 53,179 | $1.3M | No change |
| TSLA Tesla Inc. | 0.53% | 2,881 | $1.3M | Add +0.1% |
| MASS 908 Devices Inc. | 0.52% | 241,000 | $1.3M | New |
| TWST Twist Bioscience Corp. | 0.51% | 39,462 | $1.3M | No change |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.50% | 9,264 | $1.2M | Reduce -0.3% |
| IVE iShares S&P 500 Value ETF | 0.50% | 5,736 | $1.2M | Reduce -0.5% |
| ATEC Alphatec Holdings Inc. | 0.46% | 54,120 | $1.1M | Reduce -42.5% |
| IWN iShares Russell 2000 Value E | 0.44% | 6,022 | $1.1M | Reduce -0.1% |
| XENE Xenon Pharmaceuticals Inc. | 0.42% | 23,000 | $1.0M | Reduce -11.9% |
| CRNX Crinetics Pharmaceuticals Inc. | 0.41% | 21,495 | $1.0M | Add +7.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.40% | 8,952 | $986K | Add +1.1% |
| NPCE Neuropace Inc. | 0.40% | 63,000 | $973K | No change |
| XEL Xcel Energy Inc. | 0.39% | 13,001 | $960K | Add +0.5% |
| AGG iShares Core U.S. Aggregate | 0.39% | 9,496 | $948K | Add +6.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.37% | 1,335 | $910K | Add +13.3% |
| USB US Bancorp | 0.37% | 16,898 | $902K | Add +0.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.34% | 2,468 | $827K | Add +0.6% |
| TNDM Tandem Diabetes Care Inc. | 0.31% | 35,120 | $772K | Add +49.0% |
| PG The Procter & Gamble Co. | 0.30% | 5,199 | $745K | Add +0.7% |
| SPEM State Street SP PTF Em ETF | 0.30% | 15,779 | $739K | Add +0.5% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.29% | 9,008 | $709K | No change |
| KRMD Koru Medical Systems Inc. | 0.29% | 120,935 | $703K | No change |
| AUPH Aurinia Pharmaceuticals Inc. | 0.23% | 35,696 | $569K | Reduce -5.3% |
| ECL Ecolab Inc. | 0.22% | 2,090 | $549K | Add +0.1% |
| ABT Abbott Laboratories | 0.22% | 4,330 | $542K | Add +0.5% |
| OEF iShares S&P 100 ETF | 0.21% | 1,538 | $527K | No change |
| AMZN Amazon.com Inc. | 0.20% | 2,146 | $495K | Reduce -16.0% |
| MO Altria Group Inc. | 0.18% | 7,623 | $440K | Add +0.5% |
| SPYI Neos S&P 500 High Income ETF | 0.17% | 8,016 | $421K | Add +3.0% |
| COST Costco Wholesale Corp. | 0.16% | 464 | $400K | Reduce -4.7% |
| XOM Exxon Mobil Corp. | 0.16% | 3,265 | $393K | Add +3.5% |
| GOOG Alphabet Inc. Class C | 0.15% | 1,209 | $380K | No change |
| MDXG Mimedx Group Inc. | 0.15% | 55,878 | $378K | No change |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.15% | 1,152 | $363K | No change |
| GOOGL Alphabet Inc. Class A | 0.15% | 1,145 | $358K | Add +0.3% |
| SCHG Schwab US Large-Cap Growth | 0.12% | 9,213 | $301K | Add +0.1% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.12% | 5,056 | $294K | Add +2.6% |
| HEI Heico Corp. | 0.12% | 904 | $293K | No change |
| UNH Unitedhealth Group Inc. | 0.12% | 867 | $286K | Add +20.1% |
| PLTR Palantir Technologies Inc. Class A | 0.12% | 1,603 | $285K | Add +1.9% |
| BABA Alibaba Group Holding-SP ADR | 0.12% | 1,930 | $283K | Add +0.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.11% | 3,146 | $281K | Add +14.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 443 | $272K | Reduce -2.2% |
| IWR iShares Russell Mid-Cap ETF | 0.11% | 2,725 | $262K | Add +11.0% |
| CL Colgate-Palmolive Co. | 0.10% | 3,022 | $239K | Add +0.7% |
| ADI Analog Devices Inc. | 0.10% | 873 | $237K | Add +1.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 789 | $234K | Add +0.5% |
| UBER Uber Technologies Inc. | 0.09% | 2,808 | $229K | No change |
| PLRX Pliant Therapeutics Inc. | 0.09% | 170,924 | $209K | Reduce -21.9% |
| ADP Automatic Data Processing | 0.08% | 792 | $204K | No change |
| BAER Bridger Aerospace Group Hold | 0.08% | 110,162 | $202K | No change |
| SCHD Schwab US DVD Equity ETF | 0.08% | 7,274 | $200K | Add +1.0% |
| CAT Caterpillar Inc. | 0.08% | 345 | $198K | Reduce -2.5% |
| JNJ Johnson & Johnson | 0.08% | 952 | $197K | Add +2.4% |
| DXCM Dexcom Inc. | 0.08% | 2,848 | $189K | No change |
| VKTX Viking Therapeutics Inc. | 0.08% | 5,310 | $187K | No change |
| EFA iShares MSCI Eafe ETF | 0.08% | 1,939 | $186K | Reduce -0.5% |
| SOLV Solventum Corp. | 0.08% | 2,336 | $185K | Reduce -0.3% |
| WBS Webster Financial Corp. | 0.07% | 2,882 | $181K | Add +0.7% |
| GSAT Globalstar Inc. | 0.07% | 2,900 | $177K | No change |
| IJS iShares S&P Small-Cap 600 Va | 0.07% | 1,503 | $171K | Reduce -3.4% |
| FAST Fastenal Co. | 0.07% | 4,215 | $169K | Reduce -1.7% |
| ABNB Airbnb Inc. Class A | 0.07% | 1,193 | $162K | No change |
| BBY Best Buy Co. Inc. | 0.07% | 2,410 | $161K | Add +1.3% |
| SPGI S&P Global Inc. | 0.06% | 300 | $157K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.06% | 311 | $156K | No change |
| JTEK JPMorgan US Tech Leaders | 0.06% | 1,726 | $155K | No change |
| CVS CVS Health Corp. | 0.06% | 1,884 | $149K | Reduce -1.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.06% | 1,307 | $149K | Add +1.9% |
| PEP Pepsico Inc. | 0.06% | 1,015 | $146K | No change |
| XLB SS Materials Select Sector | 0.06% | 3,044 | $138K | No change |
| META Meta Platforms Inc. Class A | 0.06% | 209 | $138K | Add +14.2% |
| IDXX Idexx Laboratories Inc. | 0.05% | 199 | $135K | Add +3.6% |
| VFL Abrdn National Municipal Inc. | 0.05% | 12,880 | $132K | No change |
| MDT Medtronic PLC | 0.05% | 1,352 | $130K | Add +0.8% |
| DHR Danaher Corp. | 0.05% | 560 | $128K | No change |
Lines left out (3) · $5K — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| ULTY Yieldmax Ultra Option Inc. | YIELD ULTRA ETF | 0 | $3K |
| MSTY Yieldmax MSTR Option Is ETF | YIE MST OPT NEW | 0 | $1K |
| ULTA Ulta Beauty Inc. | COM | 0 | $235 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $245.4M.
Portfolio Sells Q3 2025 → Q4 2025
| PHLT Performant Healthcare Inc. | Sold out | 0.00% | −2.57 |
| INSM Insmed Inc. | Reduce -95.7% | 0.02% | −0.35 |
| VOO Vanguard S&P 500 ETF | Reduce -0.1% | 4.01% | −0.23 |
| EVH Evolent Health Inc. Class A | Reduce -74.4% | 0.02% | −0.17 |
| WFC Wells Fargo & Co. | Reduce -8.3% | 2.61% | −0.15 |
| ATEC Alphatec Holdings Inc. | Reduce -42.5% | 0.46% | −0.14 |
| CNTA Centessa Pharmaceuticals Ltd. | Reduce -0.2% | 2.41% | −0.12 |
| ANAB Anaptysbio Inc. | Reduce -30.4% | 1.86% | −0.09 |
| NVDA Nvidia Corp. | Reduce -1.0% | 0.88% | −0.08 |
| AAPL Apple Inc. | Reduce -5.8% | 0.88% | −0.06 |
| RGTI Rigetti Computing Inc. | Reduce -72.5% | 0.01% | −0.06 |
| PLRX Pliant Therapeutics Inc. | Reduce -21.9% | 0.09% | −0.06 |
| AMZN Amazon.com Inc. | Reduce -16.0% | 0.20% | −0.04 |
| XENE Xenon Pharmaceuticals Inc. | Reduce -11.9% | 0.42% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -4.7% | 0.16% | −0.04 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -0.3% | 0.50% | −0.03 |
| MMM 3M Co. | Reduce -0.3% | 0.64% | −0.03 |
| IVE iShares S&P 500 Value ETF | Reduce -0.5% | 0.50% | −0.03 |
| IWN iShares Russell 2000 Value E | Reduce -0.1% | 0.44% | −0.02 |
| FAST Fastenal Co. | Reduce -1.7% | 0.07% | −0.02 |
| ANGO Angiodynamics Inc. | Sold out | 0.00% | −0.02 |
| ADBE Adobe Inc. | Reduce -27.4% | 0.03% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -30.8% | 0.02% | −0.01 |
| TTD Trade Desk Inc./the Class A | Reduce -89.5% | 0.00% | −0.01 |
| VCYT Veracyte Inc. | Sold out | 0.00% | −0.01 |
| HD Home Depot Inc. | Reduce -4.8% | 0.03% | −0.01 |
| MCHI iShares MSCI China ETF | Reduce -72.1% | 0.00% | −0.01 |
| DEM Wisdomtree Emerging Markets | Sold out | 0.00% | −0.01 |
| MGNI Magnite Inc. | Sold out | 0.00% | −0.01 |
| O Realty Income Corp. | Reduce -4.8% | 0.04% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.2% | 0.11% | −0.01 |
| IWO iShares Russell 2000 Growth | Reduce -16.3% | 0.03% | −0.01 |
| BOC Boston Omaha Corp. Class A | Sold out | 0.00% | −0.01 |
| CVX Chevron Corp. | Reduce -11.6% | 0.04% | −0.01 |
| IBIT iShares Bitcoin Trust ETF | Reduce -5.6% | 0.02% | −0.01 |
| INGN Inogen Inc. | Sold out | 0.00% | −0.01 |
| WMT Walmart Inc. | Reduce -16.1% | 0.04% | −0.01 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -3.4% | 0.07% | −0.01 |
| SATO Invesco Alerian Galaxy Crypt | Reduce -30.4% | 0.00% | −0.01 |
| ADMA Adma Biologics Inc. | Sold out | 0.00% | −0.01 |
| RPM RPM International Inc. | Sold out | 0.00% | −0.01 |
| GPCR Structure Therapeutics Inc. | Sold out | 0.00% | −0.01 |
| FDVV Fidelity High Dividend ETF | Sold out | 0.00% | −0.01 |
| WPM Wheaton Precious Metals Corp. | Reduce -50.0% | 0.00% | −0.01 |
| PRTA Prothena Corp. PLC | Reduce -55.2% | 0.00% | −0.01 |
| FNV Franco-Nevada Corp. | Reduce -40.0% | 0.01% | −0.00 |
| BVS Bioventus Inc. Class A | Sold out | 0.00% | −0.00 |
| BYND Beyond Meat Inc. | Reduce -98.7% | 0.00% | −0.00 |
| EFA iShares MSCI Eafe ETF | Reduce -0.5% | 0.08% | −0.00 |
| MRVL Marvell Technology Inc. | Reduce -18.4% | 0.01% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| AXGN Axogen Inc. | Add +85.8% | 4.59% | +3.13 |
| NEO Neogenomics Inc. | Add +41.7% | 2.72% | +1.36 |
| SIBN Si-Bone Inc. | Add +549.7% | 1.28% | +1.13 |
| MASS 908 Devices Inc. | New | 0.52% | +0.52 |
| HCAT Health Catalyst Inc. | Add +139.0% | 0.72% | +0.33 |
| TNDM Tandem Diabetes Care Inc. | Add +49.0% | 0.31% | +0.19 |
| LLY Eli Lilly & Co. | Add +0.1% | 0.75% | +0.18 |
| ORGO Organogenesis Holdings Inc. | Add +3.4% | 0.64% | +0.10 |
| IUSG iShares Core S&P U.S. Growth | Add +6590.9% | 0.05% | +0.05 |
| CRNX Crinetics Pharmaceuticals Inc. | Add +7.5% | 0.41% | +0.04 |
| TLSI Trisalus Life Sciences Inc. | New | 0.03% | +0.03 |
| EHTH Ehealth Inc. | New | 0.03% | +0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +37400.0% | 0.03% | +0.03 |
| JMBS Janus Henderson Mortg Backed | New | 0.03% | +0.03 |
| NOK Nokia Corp.-Spon ADR | Add +250000.0% | 0.03% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +13.3% | 0.37% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +0.3% | 0.15% | +0.02 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | New | 0.02% | +0.02 |
| RELY Remitly Global Inc. | New | 0.01% | +0.01 |
| VGIT Vanguard Intermediate-Term T | New | 0.01% | +0.01 |
| SLVP iShares MSCI Global Silver A | New | 0.01% | +0.01 |
| VGSH Vanguard Short-Term Treasury | New | 0.01% | +0.01 |
| PATH Uipath Inc. Class A | New | 0.01% | +0.01 |
| USB US Bancorp | Add +0.5% | 0.37% | +0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +14.7% | 0.11% | +0.01 |
| ETH Grayscale Ethereum Staking M | Add +183.3% | 0.02% | +0.01 |
| MELI MercadoLibre Inc. | New | 0.01% | +0.01 |
| CRDO Credo Technology Group Holdi | New | 0.01% | +0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | New | 0.01% | +0.01 |
| GDOT Green Dot Corp. Class A | New | 0.01% | +0.01 |
| INTC Intel Corp. | Add +177.7% | 0.01% | +0.01 |
| FSSL FS Specialty Lending Fund | New | 0.01% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +62.3% | 0.02% | +0.01 |
| VCIT Vanguard Int-Term Corporate | New | 0.01% | +0.01 |
| JPST JPMorgan Ultra-Short Income | New | 0.01% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +20.1% | 0.12% | +0.01 |
| VGLT Vanguard Long-Term Treasury | New | 0.01% | +0.01 |
| DE Deere & Co. | Add +36.0% | 0.03% | +0.01 |
| VT Vanguard Tot World STK ETF | New | 0.01% | +0.01 |
| VCLT Vanguard Long-Term Corp. Bond | New | 0.01% | +0.01 |
| B Barrick Mining Corp. | Add +6.0% | 0.02% | +0.01 |
| TECX Tectonic Therapeutic Inc. | New | 0.01% | +0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +57.0% | 0.02% | +0.00 |
| JNJ Johnson & Johnson | Add +2.4% | 0.08% | +0.00 |
| AMD Advanced Micro Devices | Add +19.7% | 0.01% | +0.00 |
| GEV GE Vernova Inc. | Add +100.0% | 0.01% | +0.00 |
| DAL Delta Air Lines Inc. | Add +0.3% | 0.03% | +0.00 |
| XOM Exxon Mobil Corp. | Add +3.5% | 0.16% | +0.00 |
| ALAB Astera Labs Inc. | New | 0.00% | +0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +35.9% | 0.02% | +0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| ULTY Yieldmax Ultra Option Inc. | YIELD ULTRA ETF | New | 0 | $3K |
| MSTY Yieldmax MSTR Option Is ETF | YIE MST OPT NEW | Reduce -100.0% | 0 | $1K |
| CLOU Global X Cloud Computing ETF | CLOUD COMPUTNG | Reduce -100.0% | 0 | $0 |
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 | 559 | $298.5M | IVV, FHLC, AXGN, IWM, EFV |
| Q1 2026 | 552 | $245.6M | IVV, EFV, IWM, AXGN, IJR |
| Q4 2025 | 584 | $245.4M | IVV, EFV, IWM, AXGN, IJR |
| Q3 2025 | 606 | $227.1M | IVV, EFV, IWM, IJR, VOO |
| Q2 2025 | 613 | $204.5M | IVV, EFV, IWM, IJR, VOO |
| Q1 2025 | 571 | $169.3M | IVV, EFV, IWM, IJR, IUSV |
| Q4 2024 | 572 | $173.9M | IVV, EFV, IWM, IJR, IUSV |
| Q3 2024 | 592 | $182.7M | IVV, EFV, IWM, IJR, IUSV |
| Q2 2024 | 585 | $166.2M | IVV, EFV, IWM, IJR, IUSV |
| Q1 2024 | 558 | $161.4M | IVV, EFV, IWM, IJR, IUSV |