LPWM LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 15, 2024), LPWM LLC reported 72 stock positions worth $272.3 million. Its top holding was Vanguard Russell 1000 Growth (VONG) at 20.7% of the portfolio, followed by iShares S&P 500 Value ETF (IVE, 17.9%) and iShares Russell Mid-Cap Valu (IWS, 8.8%). Compared with Q4 2023, it opened 3 new positions, sold out of 1, added to 38 and reduced 12. The biggest buy was Vanguard Russell 1000 Growth (VONG, shares +1%) and the biggest sale iShares Core U.S. Aggregate (AGG, shares −3%).

Most Recent 13F
Q2 2026
Location
MINNEAPOLIS, MN
CIK
0001801101
Portfolio Value
$272.3M (Q1 2024)
SEC Filing
0001951757-24-000282 ↗ filed Apr 15, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $272.3M $272.3M Q1 2024 Q2 2024: $289.6M Q2 2024 Q3 2024: $305.4M Q3 2024 Q4 2024: $311.3M Q4 2024 Q1 2025: $310.5M Q1 2025 Q2 2025: $342.8M Q2 2025 Q3 2025: $374.8M Q3 2025 Q4 2025: $396.4M Q4 2025 Q1 2026: $396.3M Q1 2026 Q2 2026: $450.7M Q2 2026

Holdings 72 stocks · $272.3M
VONG Vanguard Russell 1000 Growth 20.73% 659,508 $56.5M Add +0.7%
IVE iShares S&P 500 Value ETF 17.87% 267,847 $48.7M Add +1.8%
IWS iShares Russell Mid-Cap Valu 8.81% 196,938 $24.0M Add +2.1%
AGG iShares Core U.S. Aggregate 5.80% 164,957 $15.8M Reduce -3.0%
IEFA iShares Core MSCI Eafe ETF 4.14% 154,738 $11.3M Add +3.2%
VTIP Vanguard Short-Term Tips 3.60% 205,655 $9.8M Add +2.1%
JPST JPMorgan Ultra-Short Income 3.17% 171,873 $8.6M Reduce -1.0%
IWM iShares Russell 2000 ETF 2.17% 29,435 $5.9M Add +2.6%
SLYV SS SPDR S&P 600 SC Val ETF 2.15% 74,486 $5.9M Add +0.9%
MUB iShares National Muni Bond E 2.08% 53,394 $5.7M Add +1.4%
VWO Vanguard Ftse Emerging Marke 1.80% 116,141 $4.9M Add +2.6%
VTV Vanguard Mrngstr Val ETF-Aui 1.79% 30,771 $4.9M Add +1.9%
VONE Vanguard Russell 1000 1.69% 19,638 $4.6M Add +4.1%
VNQ Vanguard Real Estate ETF 1.53% 50,674 $4.2M Add +2.0%
BRK.B Berkshire Hathaway Inc. Class B 1.37% 9,104 $3.7M Add +0.9%
EMXC iShares MSCI Emr MRK Ex Chna 1.30% 61,296 $3.5M Add +1.4%
VOE Vngrd Mrngstr MD-Cap Val ETF 1.20% 21,597 $3.3M Add +6.0%
IWR iShares Russell Mid-Cap ETF 1.19% 39,627 $3.2M Add +7.0%
EELV Invesco S&P Emerging Markets 1.16% 132,968 $3.2M Add +2.8%
VNQI Vanguard GLBL Ex-US Real Est 1.05% 69,555 $2.8M Add +2.6%
ICVT iShares Convertible Bond ETF 1.03% 35,575 $2.8M Add +0.2%
NVDA Nvidia Corp. 1.00% 3,124 $2.7M Reduce -4.2%
VSS Vanguard Ftse All Wo X-US SC 0.93% 21,759 $2.5M Add +1.8%
VEA Vanguard Ftse Developed ETF 0.91% 50,205 $2.5M Add +0.8%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.90% 48,390 $2.4M Add +16.2%
VTI VG Morningstar TS MKT ETF-US 0.73% 7,778 $2.0M Add +6.3%
IVW iShares S&P 500 Growth ETF 0.69% 22,490 $1.9M Add +1.7%
VONV Vanguard Russell 1000 Value 0.63% 22,369 $1.7M Reduce -0.7%
VGT Vanguard Info Tech ETF 0.62% 3,281 $1.7M No change
XLK SS Technology Select Sector 0.44% 5,859 $1.2M Add +0.9%
AMZN Amazon.com Inc. 0.43% 6,244 $1.2M No change
IEMG iShares Core MSCI Emerging 0.40% 20,896 $1.1M Reduce -3.6%
XLE SS Energy Select Sector 0.39% 10,936 $1.1M Add +2.0%
VUG Vanguard Mrngstar GR ETF-Sui 0.35% 2,792 $952K Add +2.1%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.35% 8,888 $942K Add +5.5%
VTEB Vanguard Tax-Exempt Bond ETF 0.29% 15,982 $796K Reduce -0.3%
AVGO Broadcom Inc. 0.27% 552 $730K Add +2.8%
VHT Vanguard Health Care ETF 0.26% 2,775 $721K Add +1.3%
AAPL Apple Inc. 0.26% 4,288 $719K Reduce -17.3%
GOOGL Alphabet Inc. Class A 0.26% 4,520 $706K No change
VOX Vanguard Communication Servi 0.25% 5,212 $687K No change
TIP iShares Tips Bond ETF 0.25% 6,481 $686K Reduce -4.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.22% 2,578 $608K No change
XLV SS Health Care Select Sector 0.22% 4,195 $594K Reduce -1.5%
VXF Vanguard Extended Market ETF 0.22% 3,493 $592K No change
MSFT Microsoft Corp. 0.19% 1,202 $509K No change
GOOG Alphabet Inc. Class C 0.18% 3,084 $486K Add +3.4%
QQQ Invesco QQQ Trust Series 1 0.18% 1,102 $483K Add +6.7%
IWB iShares Russell 1000 ETF 0.17% 1,650 $467K No change
VB Vanguard Most SM-Cap ETF-Usd 0.17% 2,100 $463K Add +2.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 829 $426K Add +1.5%
DELL Dell Technologies -C 0.14% 3,190 $394K New
IYF iShares US Financials ETF 0.13% 3,940 $365K No change
IWF iShares Russell 1000 Growth 0.12% 1,000 $333K Add +14.9%
TSLA Tesla Inc. 0.12% 1,934 $332K Add +83.8%
VTWO Vanguard Russell 2000 ETF 0.12% 4,067 $330K Add +2.5%
VCR Vanguard Consumer Discre ETF 0.12% 1,032 $317K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.12% 1,716 $317K Add +6.8%
BND Vanguard Total Bond Market 0.12% 4,418 $314K Reduce -10.0%
ECL Ecolab Inc. 0.11% 1,324 $294K No change
PHO Invesco Water Resources ETF 0.11% 4,447 $288K No change
FCX Freeport-McMoran Inc. 0.10% 5,185 $264K No change
ITA iShares U.S. Aerospace & Def 0.09% 1,953 $252K No change
SCZ iShares MSCI Eafe Small-Cap 0.09% 4,032 $252K Reduce -6.4%
MA Mastercard Inc. Class A 0.09% 532 $250K No change
PSX Phillips 66 0.08% 1,390 $230K New
MMM 3M Co. 0.08% 2,414 $224K Reduce -12.8%
UNH Unitedhealth Group Inc. 0.08% 489 $220K No change
VT Vanguard Tot World STK ETF 0.08% 1,911 $208K New
ICLN iShares Global Clean Energy 0.07% 13,770 $190K No change
FAN First Trust Global Wind Ener 0.06% 10,765 $164K No change
OSAPQ Prosomnus Inc. 0.01% 67,265 $38K No change

Portfolio Sells Q4 2023 → Q1 2024
AGG iShares Core U.S. Aggregate Reduce -3.0% 5.80% −0.80
JPST JPMorgan Ultra-Short Income Reduce -1.0% 3.17% −0.28
AAPL Apple Inc. Reduce -17.3% 0.26% −0.11
ACN Accenture PLC Class A Sold out 0.00% −0.09
MMM 3M Co. Reduce -12.8% 0.08% −0.04
TIP iShares Tips Bond ETF Reduce -4.0% 0.25% −0.03
VTEB Vanguard Tax-Exempt Bond ETF Reduce -0.3% 0.29% −0.03
IEMG iShares Core MSCI Emerging Reduce -3.6% 0.40% −0.03
BND Vanguard Total Bond Market Reduce -10.0% 0.12% −0.03
XLV SS Health Care Select Sector Reduce -1.5% 0.22% −0.02
VONV Vanguard Russell 1000 Value Reduce -0.7% 0.63% −0.01
SCZ iShares MSCI Eafe Small-Cap Reduce -6.4% 0.09% −0.01
NVDA Nvidia Corp. Reduce -4.2% 1.00% +0.37

Portfolio Buys Q4 2023 → Q1 2024
VONG Vanguard Russell 1000 Growth Add +0.7% 20.73% +1.09
DELL Dell Technologies -C New 0.14% +0.14
VONE Vanguard Russell 1000 Add +4.1% 1.69% +0.10
IWS iShares Russell Mid-Cap Valu Add +2.1% 8.81% +0.09
PSX Phillips 66 New 0.08% +0.08
IWR iShares Russell Mid-Cap ETF Add +7.0% 1.19% +0.08
VT Vanguard Tot World STK ETF New 0.08% +0.08
BRK.B Berkshire Hathaway Inc. Class B Add +0.9% 1.37% +0.06
JMST JPM Ultra-Short Muni Income Add +16.2% 0.90% +0.06
VTI VG Morningstar TS MKT ETF-US Add +6.3% 0.73% +0.05
IVW iShares S&P 500 Growth ETF Add +1.7% 0.69% +0.05
AVGO Broadcom Inc. Add +2.8% 0.27% +0.05
VOE Vngrd Mrngstr MD-Cap Val ETF Add +6.0% 1.20% +0.04
IEFA iShares Core MSCI Eafe ETF Add +3.2% 4.14% +0.04
XLE SS Energy Select Sector Add +2.0% 0.39% +0.03
VUG Vanguard Mrngstar GR ETF-Sui Add +2.1% 0.35% +0.02
TSLA Tesla Inc. Add +83.8% 0.12% +0.02
IWF iShares Russell 1000 Growth Add +14.9% 0.12% +0.02
XLK SS Technology Select Sector Add +0.9% 0.44% +0.02
GOOG Alphabet Inc. Class C Add +3.4% 0.18% +0.02
QQQ Invesco QQQ Trust Series 1 Add +6.7% 0.18% +0.02
VTV Vanguard Mrngstr Val ETF-Aui Add +1.9% 1.79% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +1.5% 0.16% +0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Add +6.8% 0.12% +0.00
VB Vanguard Most SM-Cap ETF-Usd Add +2.9% 0.17% +0.00
VTWO Vanguard Russell 2000 ETF Add +2.5% 0.12% −0.00
EMXC iShares MSCI Emr MRK Ex Chna Add +1.4% 1.30% −0.01
VWO Vanguard Ftse Emerging Marke Add +2.6% 1.80% −0.01
VHT Vanguard Health Care ETF Add +1.3% 0.26% −0.01
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +5.5% 0.35% −0.02
IWM iShares Russell 2000 ETF Add +2.6% 2.17% −0.02
VEA Vanguard Ftse Developed ETF Add +0.8% 0.91% −0.02
VSS Vanguard Ftse All Wo X-US SC Add +1.8% 0.93% −0.03
ICVT iShares Convertible Bond ETF Add +0.2% 1.03% −0.05
EELV Invesco S&P Emerging Markets Add +2.8% 1.16% −0.05
VNQI Vanguard GLBL Ex-US Real Est Add +2.6% 1.05% −0.07
VNQ Vanguard Real Estate ETF Add +2.0% 1.53% −0.17
VTIP Vanguard Short-Term Tips Add +2.1% 3.60% −0.17
MUB iShares National Muni Bond E Add +1.4% 2.08% −0.17
SLYV SS SPDR S&P 600 SC Val ETF Add +0.9% 2.15% −0.19
IVE iShares S&P 500 Value ETF Add +1.8% 17.87% −0.21

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 98$450.7MVONG, VTV, IWS, JPST, IEFA
Q1 2026 94$396.3MVONG, IVE, IWS, JPST, IEFA
Q4 2025 87$396.4MVONG, IVE, IWS, IEFA, JPST
Q3 2025 84$374.8MVONG, IVE, IWS, JPST, IEFA
Q2 2025 83$342.8MVONG, IVE, IWS, JPST, IEFA
Q1 2025 84$310.5MVONG, IVE, IWS, JPST, IEFA
Q4 2024 78$311.3MVONG, IVE, IWS, IEFA, VTIP
Q3 2024 77$305.4MVONG, IVE, IWS, AGG, IEFA
Q2 2024 77$289.6MVONG, IVE, IWS, AGG, IEFA
Q1 2024 72$272.3MVONG, IVE, IWS, AGG, IEFA