Horst & Graben Wealth Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Horst & Graben Wealth Management LLC reported 161 stock positions worth $557.5 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 8.7% of the portfolio, followed by Ishr CR Unvrse Usd BD ETF-Ui (IUSB, 7.2%) and Schwab US Aggregate Bond ETF (SCHZ, 6.2%). Compared with Q4 2024, it opened 15 new positions, sold out of 9, added to 92 and reduced 42. The biggest buy was a new position in Bondbloxx BBG 10Y US TSY ETF (XTEN) and the biggest sale iShares MSCI Eafe Growth ETF (EFG, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- PORTLAND, OR
- CIK
- 0001818207
- Portfolio Value
- $557.5M (Q1 2025)
- SEC Filing
- 0001754960-25-000263 ↗ filed Apr 30, 2025
Holdings Value
Holdings 161 stocks · $557.5M
| SPYM Ste STR SPDR PT S&P 500 ETF | 8.72% | 739,218 | $48.6M | Reduce -7.5% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 7.22% | 873,600 | $40.3M | Reduce -2.6% |
| SCHZ Schwab US Aggregate Bond ETF | 6.18% | 1,488,509 | $34.5M | Reduce -2.6% |
| QUAL iShares MSCI USA Quality Fac | 6.12% | 199,531 | $34.1M | Add +7.8% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 5.67% | 648,713 | $31.6M | Add +1.4% |
| IVW iShares S&P 500 Growth ETF | 4.81% | 288,914 | $26.8M | Add +1.8% |
| MBB iShares MBS ETF | 3.70% | 219,912 | $20.6M | Reduce -6.6% |
| EFV iShares MSCI Eafe Value ETF | 3.31% | 313,023 | $18.4M | Reduce -17.3% |
| IVE iShares S&P 500 Value ETF | 3.23% | 94,576 | $18.0M | Add +34.0% |
| BINC iShares Flex I A ETF-Usd Inc. | 3.12% | 332,364 | $17.4M | Add +3.4% |
| IWY iShares Russell Top 200 Grow | 2.55% | 67,478 | $14.2M | Reduce -11.7% |
| IVV iShares Core S&P 500 ETF | 2.16% | 21,464 | $12.1M | Add +4.0% |
| IYW iShares Ustechnology ETF | 2.13% | 84,623 | $11.9M | Add +0.6% |
| EFG iShares MSCI Eafe Growth ETF | 2.11% | 117,387 | $11.7M | Reduce -42.5% |
| TLT iShares 20+ Year Treasury BD | 1.88% | 114,943 | $10.5M | Reduce -38.4% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.87% | 188,939 | $10.4M | Reduce -10.0% |
| AAPL Apple Inc. | 1.80% | 45,059 | $10.0M | Add +5.7% |
| IWX iShares Russell Top 200 Valu | 1.76% | 119,449 | $9.8M | Reduce -6.6% |
| XTEN Bondbloxx BBG 10Y US TSY ETF | 1.63% | 195,497 | $9.1M | New |
| IEMG iShares Core MSCI Emerging | 1.45% | 150,106 | $8.1M | Add +52.7% |
| GLDM SPDR Gold Minishares Trust | 1.09% | 98,047 | $6.1M | Add +89.6% |
| SPMO Invesco S&P 500 Momentum ETF | 1.05% | 63,541 | $5.9M | Add +4.9% |
| XLG Invesco S&P 500 Top 50 ETF | 0.96% | 116,236 | $5.3M | New |
| EMB iShares JP Morgan Usd Emergi | 0.93% | 56,951 | $5.2M | Add +18.0% |
| LCTU iShares U.S. Carbon Transiti | 0.82% | 75,307 | $4.6M | Reduce -6.7% |
| TSLA Tesla Inc. | 0.79% | 17,097 | $4.4M | Reduce -1.3% |
| EAGG iShares ESG Aware US Aggrega | 0.75% | 88,255 | $4.2M | Add +38.7% |
| NVDA Nvidia Corp. | 0.71% | 36,707 | $4.0M | Add +4.1% |
| SUSC iShares ESG Aware Usd Corpor | 0.66% | 160,198 | $3.7M | Reduce -10.9% |
| OEF iShares S&P 100 ETF | 0.64% | 13,272 | $3.6M | Add +69.0% |
| CVX Chevron Corp. | 0.63% | 21,146 | $3.5M | Add +0.2% |
| IAU iShares Gold Trust | 0.62% | 58,323 | $3.4M | Add +80.4% |
| ESGU iShares ESG Aware MSCI USA | 0.61% | 27,969 | $3.4M | Add +8.9% |
| USXF iShares ESG Advance MSCI USA | 0.61% | 72,723 | $3.4M | Reduce -3.2% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.57% | 31,293 | $3.2M | Reduce -6.0% |
| NKE Nike Inc. Class B | 0.55% | 48,710 | $3.1M | Add +6.4% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.55% | 84,860 | $3.1M | New |
| PG The Procter & Gamble Co. | 0.49% | 15,933 | $2.7M | Add +0.9% |
| MSFT Microsoft Corp. | 0.44% | 6,561 | $2.5M | Add +5.1% |
| TLH iShares 10-20 Year Treasury | 0.43% | 23,049 | $2.4M | Reduce -8.2% |
| GNMA iShares Gnma Bond ETF | 0.42% | 53,879 | $2.4M | Reduce -16.2% |
| DLR Digital Realty Trust Inc. | 0.41% | 15,965 | $2.3M | Add +24.8% |
| THRO iShares U.S. Thematic Rotati | 0.39% | 69,298 | $2.2M | New |
| GOVT iShares US Treasury Bond ETF | 0.35% | 85,049 | $2.0M | Add +0.8% |
| IWP iShares Russell Mid-Cap Grow | 0.35% | 16,435 | $1.9M | Reduce -1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.33% | 3,496 | $1.9M | Add +3.0% |
| EUSB Ishr ESG Advn Universal BD-$ | 0.33% | 41,926 | $1.8M | Reduce -7.5% |
| IWS iShares Russell Mid-Cap Valu | 0.32% | 13,997 | $1.8M | Reduce -2.2% |
| COST Costco Wholesale Corp. | 0.31% | 1,813 | $1.7M | Add +0.7% |
| ICVT iShares Convertible Bond ETF | 0.30% | 20,219 | $1.7M | Add +0.4% |
| MTUM iShares MSCI USA Momentum Fa | 0.30% | 8,323 | $1.7M | Reduce -6.4% |
| ILCG iShares Morningstar Growth E | 0.28% | 19,084 | $1.5M | No change |
| IVLU iShares MSCI International V | 0.27% | 49,134 | $1.5M | Add +76.4% |
| VIG Vanguard Dividend Apprec ETF | 0.27% | 7,662 | $1.5M | Add +0.0% |
| DMXF iShares ESG Advanc MSCI Eafe | 0.27% | 21,935 | $1.5M | Reduce -38.0% |
| UPS United Parcel Service Class B | 0.26% | 13,216 | $1.5M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 0.25% | 7,384 | $1.4M | Add +27.8% |
| EGP Eastgroup Properties Inc. | 0.24% | 7,496 | $1.3M | Add +0.1% |
| ORCL Oracle Corp. | 0.23% | 9,307 | $1.3M | Add +0.0% |
| NOW ServiceNow Inc. | 0.23% | 1,616 | $1.3M | No change |
| MKL Markel Group Inc. | 0.23% | 676 | $1.3M | No change |
| ESGE iShares Inc. iShares ESG Awar | 0.21% | 33,808 | $1.2M | Reduce -6.2% |
| MAA Mid-America Apartment Comm | 0.20% | 6,799 | $1.1M | Add +0.0% |
| HASI Ha Sustainable Infrastructur | 0.20% | 38,832 | $1.1M | Add +0.0% |
| IWB iShares Russell 1000 ETF | 0.20% | 3,624 | $1.1M | Add +9.0% |
| CCI Crown Castle Inc. | 0.19% | 10,006 | $1.0M | Add +0.3% |
| ESS Essex Property Trust Inc. | 0.18% | 3,220 | $987K | No change |
| OKE Oneok Inc. | 0.16% | 9,232 | $916K | Add +0.5% |
| CSCO Cisco Systems Inc. | 0.16% | 14,782 | $912K | Add +0.7% |
| CWB SS SPDR BB Conv Sec ETF | 0.16% | 11,880 | $910K | Add +10.7% |
| LCTD iShares World Ex U.S. Carbon | 0.16% | 19,101 | $882K | Reduce -10.6% |
| TRNO Terreno Realty Corp. | 0.15% | 13,165 | $832K | No change |
| ILCV iShares Morningstar Value Et | 0.15% | 10,188 | $830K | Add +31.7% |
| AVGO Broadcom Inc. | 0.15% | 4,873 | $816K | Add +45.8% |
| MO Altria Group Inc. | 0.14% | 13,315 | $799K | Add +2.3% |
| SCHX Schwab US Large-Cap ETF | 0.13% | 33,846 | $747K | Reduce -0.0% |
| SHOP Shopify Inc. Class A | 0.13% | 7,735 | $739K | Add +11.8% |
| AMT American Tower Corp. | 0.13% | 3,344 | $728K | Add +0.8% |
| PM Philip Morris International | 0.13% | 4,550 | $722K | Add +2.9% |
| JNJ Johnson & Johnson | 0.13% | 4,309 | $715K | Reduce -0.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.12% | 1,435 | $673K | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.12% | 2,601 | $673K | Add +0.1% |
| JPM JPMorgan Chase & Co. | 0.12% | 2,738 | $672K | Add +5.0% |
| KO The Coca-Cola Co. | 0.12% | 9,115 | $653K | Add +2.4% |
| GS Goldman Sachs Group Inc. | 0.12% | 1,193 | $652K | Add +1.2% |
| CAT Caterpillar Inc. | 0.11% | 1,942 | $640K | Add +0.9% |
| NXRT Nexpoint Residential | 0.11% | 16,187 | $640K | No change |
| SBUX Starbucks Corp. | 0.11% | 6,455 | $633K | Add +1.8% |
| SDY SS SPDR S&P Dividend ETF | 0.11% | 4,565 | $619K | Reduce -2.6% |
| IEV iShares Europe ETF | 0.11% | 10,575 | $615K | Add +71.1% |
| META Meta Platforms Inc. Class A | 0.11% | 1,060 | $611K | Add +9.5% |
| PHYL Pgim Active High Yield Bond | 0.11% | 17,525 | $610K | Add +6.6% |
| PSA Public Storage | 0.11% | 2,023 | $606K | Add +0.5% |
| CMI Cummins Inc. | 0.09% | 1,608 | $504K | Add +0.5% |
| EMGF iShares Emerging Markets Equ | 0.09% | 10,371 | $485K | Reduce -5.3% |
| XOM Exxon Mobil Corp. | 0.09% | 4,030 | $479K | Add +6.3% |
| EEM iShares MSCI Emerging Market | 0.08% | 10,770 | $471K | New |
| BMY Bristol-Myers Squibb Co. | 0.08% | 7,589 | $463K | Add +0.7% |
| ITOT iShares Core S&P Total U.S. | 0.08% | 3,697 | $451K | Add +83.3% |
| WMT Walmart Inc. | 0.08% | 5,116 | $449K | Add +3.7% |
Portfolio Sells Q4 2024 → Q1 2025
| EFG iShares MSCI Eafe Growth ETF | Reduce -42.5% | 2.11% | −1.42 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -7.5% | 8.72% | −1.08 |
| TLT iShares 20+ Year Treasury BD | Reduce -38.4% | 1.88% | −1.02 |
| IWY iShares Russell Top 200 Grow | Reduce -11.7% | 2.55% | −0.65 |
| IFRA iShares US Infrastructure | Reduce -86.0% | 0.08% | −0.50 |
| TSLA Tesla Inc. | Reduce -1.3% | 0.79% | −0.45 |
| EFV iShares MSCI Eafe Value ETF | Reduce -17.3% | 3.31% | −0.23 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -10.0% | 1.87% | −0.20 |
| SUSB iShares ESG Aware 1-5 Year U | Sold out | 0.00% | −0.17 |
| DMXF iShares ESG Advanc MSCI Eafe | Reduce -38.0% | 0.27% | −0.14 |
| MBB iShares MBS ETF | Reduce -6.6% | 3.70% | −0.14 |
| HYDB iShares High Yield Systemati | Reduce -69.4% | 0.05% | −0.11 |
| LCTU iShares U.S. Carbon Transiti | Reduce -6.7% | 0.82% | −0.10 |
| IGEB iShares Investment Grade SYS | Sold out | 0.00% | −0.08 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -6.0% | 0.57% | −0.08 |
| GNMA iShares Gnma Bond ETF | Reduce -16.2% | 0.42% | −0.07 |
| IXC iShares Global Energy ETF | Sold out | 0.00% | −0.07 |
| SUSC iShares ESG Aware Usd Corpor | Reduce -10.9% | 0.66% | −0.06 |
| USXF iShares ESG Advance MSCI USA | Reduce -3.2% | 0.61% | −0.06 |
| TIP iShares Tips Bond ETF | Sold out | 0.00% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.04 |
| VONG Vanguard Russell 1000 Growth | Sold out | 0.00% | −0.04 |
| IWX iShares Russell Top 200 Valu | Reduce -6.6% | 1.76% | −0.04 |
| UPS United Parcel Service Class B | Reduce -0.3% | 0.26% | −0.04 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.04 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.04 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.04 |
| IWP iShares Russell Mid-Cap Grow | Reduce -1.4% | 0.35% | −0.03 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -6.4% | 0.30% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -8.6% | 0.07% | −0.02 |
| EUSB Ishr ESG Advn Universal BD-$ | Reduce -7.5% | 0.33% | −0.02 |
| TLH iShares 10-20 Year Treasury | Reduce -8.2% | 0.43% | −0.02 |
| IWS iShares Russell Mid-Cap Valu | Reduce -2.2% | 0.32% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -4.4% | 0.07% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -21.1% | 0.05% | −0.01 |
| LCTD iShares World Ex U.S. Carbon | Reduce -10.6% | 0.16% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.0% | 0.13% | −0.01 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -3.4% | 0.06% | −0.00 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.3% | 0.08% | −0.00 |
| PEP Pepsico Inc. | Reduce -5.5% | 0.05% | −0.00 |
| ESGE iShares Inc. iShares ESG Awar | Reduce -6.2% | 0.21% | −0.00 |
| SCHM Schwab US Mid Cap ETF | Reduce -0.5% | 0.04% | −0.00 |
| EMGF iShares Emerging Markets Equ | Reduce -5.3% | 0.09% | −0.00 |
| IWD iShares Russell 1000 Value E | Reduce -4.2% | 0.05% | −0.00 |
| ITW Illinois Tool Works | Reduce -0.5% | 0.04% | −0.00 |
| EXR Extra Space Storage Inc. | Reduce -0.4% | 0.07% | −0.00 |
| SDY SS SPDR S&P Dividend ETF | Reduce -2.6% | 0.11% | +0.00 |
| IEF iShares 7-10 Year Treasury B | Reduce -1.4% | 0.05% | +0.00 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -2.6% | 7.22% | +0.00 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -2.6% | 6.18% | +0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| XTEN Bondbloxx BBG 10Y US TSY ETF | New | 1.63% | +1.63 |
| XLG Invesco S&P 500 Top 50 ETF | New | 0.96% | +0.96 |
| IVE iShares S&P 500 Value ETF | Add +34.0% | 3.23% | +0.83 |
| GLDM SPDR Gold Minishares Trust | Add +89.6% | 1.09% | +0.61 |
| HEFA Isha Curr Hedged MSCI Eafe | New | 0.55% | +0.55 |
| IEMG iShares Core MSCI Emerging | Add +52.7% | 1.45% | +0.54 |
| THRO iShares U.S. Thematic Rotati | New | 0.39% | +0.39 |
| IAU iShares Gold Trust | Add +80.4% | 0.62% | +0.33 |
| QUAL iShares MSCI USA Quality Fac | Add +7.8% | 6.12% | +0.25 |
| OEF iShares S&P 100 ETF | Add +69.0% | 0.64% | +0.24 |
| EAGG iShares ESG Aware US Aggrega | Add +38.7% | 0.75% | +0.23 |
| EMB iShares JP Morgan Usd Emergi | Add +18.0% | 0.93% | +0.16 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +3.4% | 3.12% | +0.15 |
| IVLU iShares MSCI International V | Add +76.4% | 0.27% | +0.13 |
| CVX Chevron Corp. | Add +0.2% | 0.63% | +0.09 |
| EEM iShares MSCI Emerging Market | New | 0.08% | +0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.0% | 0.33% | +0.06 |
| IEV iShares Europe ETF | Add +71.1% | 0.11% | +0.05 |
| BWA Borgwarner Inc. | New | 0.05% | +0.05 |
| PANW Palo Alto Networks Inc. | New | 0.05% | +0.05 |
| MRVL Marvell Technology Inc. | New | 0.05% | +0.05 |
| GILD Gilead Sciences Inc. | New | 0.05% | +0.05 |
| GE General Electric | New | 0.04% | +0.04 |
| FCNCA First Citizens Bcshs Class A | New | 0.04% | +0.04 |
| AMGN Amgen Inc. | New | 0.04% | +0.04 |
| COP Conocophillips | New | 0.04% | +0.04 |
| FCVT First Trust Ssi Strategi ETF | New | 0.04% | +0.04 |
| ILCV iShares Morningstar Value Et | Add +31.7% | 0.15% | +0.04 |
| PM Philip Morris International | Add +2.9% | 0.13% | +0.03 |
| ITOT iShares Core S&P Total U.S. | Add +83.3% | 0.08% | +0.03 |
| SPMO Invesco S&P 500 Momentum ETF | Add +4.9% | 1.05% | +0.03 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +59.3% | 0.08% | +0.03 |
| AMZN Amazon.com Inc. | Add +27.8% | 0.25% | +0.03 |
| CCI Crown Castle Inc. | Add +0.3% | 0.19% | +0.03 |
| EGP Eastgroup Properties Inc. | Add +0.1% | 0.24% | +0.02 |
| ESGU iShares ESG Aware MSCI USA | Add +8.9% | 0.61% | +0.02 |
| AMT American Tower Corp. | Add +0.8% | 0.13% | +0.02 |
| MO Altria Group Inc. | Add +2.3% | 0.14% | +0.02 |
| KO The Coca-Cola Co. | Add +2.4% | 0.12% | +0.02 |
| HASI Ha Sustainable Infrastructur | Add +0.0% | 0.20% | +0.02 |
| T AT&T Inc. | Add +3.0% | 0.08% | +0.02 |
| MAA Mid-America Apartment Comm | Add +0.0% | 0.20% | +0.02 |
| PG The Procter & Gamble Co. | Add +0.9% | 0.49% | +0.02 |
| CWB SS SPDR BB Conv Sec ETF | Add +10.7% | 0.16% | +0.01 |
| COST Costco Wholesale Corp. | Add +0.7% | 0.31% | +0.01 |
| XOM Exxon Mobil Corp. | Add +6.3% | 0.09% | +0.01 |
| ED Consolidated Edison Inc. | Add +0.7% | 0.06% | +0.01 |
| V Visa Inc. Class A | Add +9.7% | 0.06% | +0.01 |
| LLY Eli Lilly & Co. | Add +10.3% | 0.07% | +0.01 |
| ABBV Abbvie Inc. | Add +9.2% | 0.05% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 205 | $760.2M | SPYM, IUSB, DYNF, IVW, SCHZ |
| Q1 2026 | 195 | $729.0M | SPYM, DYNF, IVW, IVE, SCHZ |
| Q4 2025 | 179 | $662.8M | DYNF, SPYM, SCHZ, IVE, IVW |
| Q3 2025 | 179 | $654.7M | DYNF, QUAL, SCHZ, SPYM, IVW |
| Q2 2025 | 173 | $604.0M | QUAL, DYNF, SCHZ, IUSB, SPYM |
| Q1 2025 | 161 | $557.5M | SPYM, IUSB, SCHZ, QUAL, DYNF |
| Q4 2024 | 155 | $561.9M | SPYM, IUSB, SCHZ, QUAL, DYNF |
| Q3 2024 | 154 | $557.1M | SPYM, IUSB, SCHZ, QUAL, DYNF |
| Q2 2024 | 151 | $523.4M | SPYM, IUSB, SCHZ, QUAL, DYNF |
| Q1 2024 | 144 | $491.3M | SPYM, IUSB, SCHZ, QUAL, DYNF |