LPWM LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 14, 2025), LPWM LLC reported 78 stock positions worth $311.3 million. Its top holding was Vanguard Russell 1000 Growth (VONG) at 20.6% of the portfolio, followed by iShares S&P 500 Value ETF (IVE, 17.2%) and iShares Russell Mid-Cap Valu (IWS, 8.4%). Compared with Q3 2024, it opened 4 new positions, sold out of 3, added to 28 and reduced 29. The biggest buy was Ishr Ibx Usd Invgd CB ETF-Ui (LQD, shares +714%) and the biggest sale iShares Core U.S. Aggregate (AGG, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0001801101
- Portfolio Value
- $311.3M (Q4 2024)
- SEC Filing
- 0001951757-25-000018 ↗ filed Jan 14, 2025
Holdings Value
Holdings 78 stocks · $311.3M
| VONG Vanguard Russell 1000 Growth | 20.58% | 620,125 | $64.1M | Reduce -7.7% |
| IVE iShares S&P 500 Value ETF | 17.16% | 279,915 | $53.4M | Add +0.9% |
| IWS iShares Russell Mid-Cap Valu | 8.42% | 202,699 | $26.2M | Reduce -0.8% |
| IEFA iShares Core MSCI Eafe ETF | 4.27% | 189,203 | $13.3M | Add +19.3% |
| VTIP Vanguard Short-Term Tips | 3.88% | 249,187 | $12.1M | Add +15.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 3.35% | 97,481 | $10.4M | Add +714.4% |
| AGG iShares Core U.S. Aggregate | 3.22% | 103,310 | $10.0M | Reduce -41.1% |
| JPST JPMorgan Ultra-Short Income | 2.98% | 184,067 | $9.3M | Add +11.6% |
| SLYV SS SPDR S&P 600 SC Val ETF | 2.27% | 81,008 | $7.1M | Add +6.5% |
| IWM iShares Russell 2000 ETF | 2.18% | 30,679 | $6.8M | Add +1.1% |
| VWO Vanguard Ftse Emerging Marke | 1.95% | 137,986 | $6.1M | Add +12.9% |
| MUB iShares National Muni Bond E | 1.86% | 54,384 | $5.8M | Reduce -7.7% |
| VONE Vanguard Russell 1000 | 1.76% | 20,545 | $5.5M | Reduce -3.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.65% | 30,375 | $5.1M | Reduce -1.5% |
| VNQ Vanguard Real Estate ETF | 1.64% | 57,479 | $5.1M | Add +9.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.32% | 9,060 | $4.1M | Reduce -0.6% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.29% | 72,261 | $4.0M | Add +13.5% |
| EELV Invesco S&P Emerging Markets | 1.25% | 166,861 | $3.9M | Add +20.6% |
| NVDA Nvidia Corp. | 1.25% | 28,869 | $3.9M | Reduce -4.5% |
| IWR iShares Russell Mid-Cap ETF | 1.22% | 42,945 | $3.8M | Add +2.4% |
| VNQI Vanguard GLBL Ex-US Real Est | 1.15% | 90,355 | $3.6M | Add +24.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.11% | 21,412 | $3.5M | Add +1.2% |
| VSS Vanguard Ftse All Wo X-US SC | 0.96% | 25,994 | $3.0M | Add +14.9% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.84% | 51,368 | $2.6M | Add +7.7% |
| VEA Vanguard Ftse Developed ETF | 0.81% | 53,057 | $2.5M | Reduce -0.9% |
| IVW iShares S&P 500 Growth ETF | 0.64% | 19,717 | $2.0M | Reduce -1.0% |
| VGT Vanguard Info Tech ETF | 0.63% | 3,172 | $2.0M | Reduce -1.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.62% | 21,210 | $1.9M | Add +216.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.62% | 6,670 | $1.9M | Reduce -9.4% |
| VONV Vanguard Russell 1000 Value | 0.51% | 19,572 | $1.6M | Reduce -11.5% |
| AMZN Amazon.com Inc. | 0.45% | 6,444 | $1.4M | No change |
| XLK SS Technology Select Sector | 0.43% | 5,779 | $1.3M | Add +0.0% |
| AVGO Broadcom Inc. | 0.41% | 5,453 | $1.3M | Reduce -3.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.36% | 2,767 | $1.1M | No change |
| IEMG iShares Core MSCI Emerging | 0.36% | 21,220 | $1.1M | Reduce -2.1% |
| AAPL Apple Inc. | 0.33% | 4,089 | $1.0M | Reduce -0.6% |
| QUAL iShares MSCI USA Quality Fac | 0.32% | 5,677 | $1.0M | Add +13.8% |
| TSLA Tesla Inc. | 0.29% | 2,241 | $905K | Reduce -1.4% |
| GOOGL Alphabet Inc. Class A | 0.28% | 4,523 | $856K | Add +0.0% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.27% | 16,792 | $842K | Add +1.5% |
| VOX Vanguard Communication Servi | 0.26% | 5,208 | $807K | Add +2.4% |
| VHT Vanguard Health Care ETF | 0.24% | 2,941 | $746K | Add +4.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.22% | 2,578 | $695K | No change |
| ICVT iShares Convertible Bond ETF | 0.22% | 8,052 | $684K | Reduce -77.6% |
| VXF Vanguard Extended Market ETF | 0.21% | 3,493 | $664K | No change |
| XLV SS Health Care Select Sector | 0.21% | 4,680 | $644K | No change |
| TIP iShares Tips Bond ETF | 0.20% | 5,991 | $638K | Reduce -6.8% |
| GOOG Alphabet Inc. Class C | 0.19% | 3,084 | $587K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.19% | 1,142 | $584K | Add +3.6% |
| XLE SS Energy Select Sector | 0.18% | 6,433 | $551K | Reduce -33.1% |
| ENVX Enovix Corp. | 0.18% | 50,495 | $549K | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.17% | 914 | $536K | Add +12.0% |
| IWB iShares Russell 1000 ETF | 0.17% | 1,639 | $528K | Reduce -0.6% |
| MSFT Microsoft Corp. | 0.16% | 1,204 | $507K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.16% | 2,100 | $505K | No change |
| IYF iShares US Financials ETF | 0.16% | 4,366 | $483K | Add +10.8% |
| UNH Unitedhealth Group Inc. | 0.14% | 866 | $438K | Add +80.8% |
| IWF iShares Russell 1000 Growth | 0.13% | 1,000 | $402K | Reduce -0.7% |
| VCR Vanguard Consumer Discre ETF | 0.13% | 1,059 | $398K | Add +5.2% |
| VTWO Vanguard Russell 2000 ETF | 0.11% | 3,956 | $353K | Reduce -0.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.10% | 1,584 | $314K | Reduce -3.6% |
| XLC SS Comm Select Sector SPDR | 0.10% | 3,066 | $297K | New |
| PHO Invesco Water Resources ETF | 0.09% | 4,487 | $295K | No change |
| DELL Dell Technologies -C | 0.09% | 2,560 | $295K | No change |
| ITA iShares U.S. Aerospace & Def | 0.09% | 1,958 | $285K | No change |
| MA Mastercard Inc. Class A | 0.09% | 532 | $280K | No change |
| ECL Ecolab Inc. | 0.09% | 1,188 | $278K | Reduce -10.3% |
| BND Vanguard Total Bond Market | 0.09% | 3,846 | $277K | Reduce -1.9% |
| JPM JPMorgan Chase & Co. | 0.09% | 1,110 | $266K | No change |
| META Meta Platforms Inc. Class A | 0.08% | 451 | $264K | No change |
| MMM 3M Co. | 0.08% | 1,968 | $254K | Reduce -18.5% |
| XLP SS Consumer Staples Sel Sect | 0.08% | 2,994 | $235K | New |
| IJH iShares Core S&P Midcap ETF | 0.07% | 3,679 | $229K | No change |
| SCZ iShares MSCI Eafe Small-Cap | 0.07% | 3,721 | $226K | Reduce -5.6% |
| ITOT iShares Core S&P Total U.S. | 0.07% | 1,723 | $222K | Reduce -0.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.07% | 633 | $217K | New |
| FCX Freeport-McMoran Inc. | 0.07% | 5,316 | $202K | No change |
| ICLN iShares Global Clean Energy | 0.06% | 15,270 | $174K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| AGG iShares Core U.S. Aggregate | Reduce -41.1% | 3.22% | −2.57 |
| ICVT iShares Convertible Bond ETF | Reduce -77.6% | 0.22% | −0.76 |
| VONG Vanguard Russell 1000 Growth | Reduce -7.7% | 20.58% | −0.40 |
| IWS iShares Russell Mid-Cap Valu | Reduce -0.8% | 8.42% | −0.31 |
| MUB iShares National Muni Bond E | Reduce -7.7% | 1.86% | −0.23 |
| XLE SS Energy Select Sector | Reduce -33.1% | 0.18% | −0.11 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.5% | 1.65% | −0.10 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.9% | 0.81% | −0.09 |
| VONV Vanguard Russell 1000 Value | Reduce -11.5% | 0.51% | −0.09 |
| XLRE SS Real Estate Select Sector | Sold out | 0.00% | −0.07 |
| VEU Vanguard Ftse All-World Ex-U | Sold out | 0.00% | −0.07 |
| FAN First Trust Global Wind Ener | Sold out | 0.00% | −0.06 |
| IEMG iShares Core MSCI Emerging | Reduce -2.1% | 0.36% | −0.06 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -9.4% | 0.62% | −0.05 |
| VONE Vanguard Russell 1000 | Reduce -3.6% | 1.76% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 1.32% | −0.03 |
| TIP iShares Tips Bond ETF | Reduce -6.8% | 0.20% | −0.03 |
| MMM 3M Co. | Reduce -18.5% | 0.08% | −0.02 |
| ECL Ecolab Inc. | Reduce -10.3% | 0.09% | −0.02 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -5.6% | 0.07% | −0.01 |
| BND Vanguard Total Bond Market | Reduce -1.9% | 0.09% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -3.6% | 0.10% | −0.01 |
| VTWO Vanguard Russell 2000 ETF | Reduce -0.1% | 0.11% | +0.00 |
| ITOT iShares Core S&P Total U.S. | Reduce -0.1% | 0.07% | +0.00 |
| IWB iShares Russell 1000 ETF | Reduce -0.6% | 0.17% | +0.00 |
| IWF iShares Russell 1000 Growth | Reduce -0.7% | 0.13% | +0.01 |
| AAPL Apple Inc. | Reduce -0.6% | 0.33% | +0.02 |
| IVW iShares S&P 500 Growth ETF | Reduce -1.0% | 0.64% | +0.03 |
| VGT Vanguard Info Tech ETF | Reduce -1.1% | 0.63% | +0.03 |
| NVDA Nvidia Corp. | Reduce -4.5% | 1.25% | +0.03 |
| AVGO Broadcom Inc. | Reduce -3.0% | 0.41% | +0.09 |
| TSLA Tesla Inc. | Reduce -1.4% | 0.29% | +0.11 |
Portfolio Buys Q3 2024 → Q4 2024
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +714.4% | 3.35% | +2.91 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +216.9% | 0.62% | +0.42 |
| VTIP Vanguard Short-Term Tips | Add +15.3% | 3.88% | +0.41 |
| IEFA iShares Core MSCI Eafe ETF | Add +19.3% | 4.27% | +0.30 |
| JPST JPMorgan Ultra-Short Income | Add +11.6% | 2.98% | +0.25 |
| ENVX Enovix Corp. | New | 0.18% | +0.18 |
| SLYV SS SPDR S&P 600 SC Val ETF | Add +6.5% | 2.27% | +0.17 |
| EELV Invesco S&P Emerging Markets | Add +20.6% | 1.25% | +0.10 |
| XLC SS Comm Select Sector SPDR | New | 0.10% | +0.10 |
| XLP SS Consumer Staples Sel Sect | New | 0.08% | +0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.07% | +0.07 |
| UNH Unitedhealth Group Inc. | Add +80.8% | 0.14% | +0.05 |
| JMST JPM Ultra-Short Muni Income | Add +7.7% | 0.84% | +0.04 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +24.3% | 1.15% | +0.03 |
| VSS Vanguard Ftse All Wo X-US SC | Add +14.9% | 0.96% | +0.03 |
| QUAL iShares MSCI USA Quality Fac | Add +13.8% | 0.32% | +0.03 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +13.5% | 1.29% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +1.1% | 2.18% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +0.0% | 0.28% | +0.03 |
| IYF iShares US Financials ETF | Add +10.8% | 0.16% | +0.02 |
| IWR iShares Russell Mid-Cap ETF | Add +2.4% | 1.22% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +12.0% | 0.17% | +0.02 |
| VCR Vanguard Consumer Discre ETF | Add +5.2% | 0.13% | +0.02 |
| VOX Vanguard Communication Servi | Add +2.4% | 0.26% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.6% | 0.19% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +12.9% | 1.95% | +0.01 |
| XLK SS Technology Select Sector | Add +0.0% | 0.43% | +0.01 |
| VNQ Vanguard Real Estate ETF | Add +9.2% | 1.64% | −0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +1.5% | 0.27% | −0.01 |
| VHT Vanguard Health Care ETF | Add +4.5% | 0.24% | −0.02 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +1.2% | 1.11% | −0.04 |
| IVE iShares S&P 500 Value ETF | Add +0.9% | 17.16% | −0.57 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 98 | $450.7M | VONG, VTV, IWS, JPST, IEFA |
| Q1 2026 | 94 | $396.3M | VONG, IVE, IWS, JPST, IEFA |
| Q4 2025 | 87 | $396.4M | VONG, IVE, IWS, IEFA, JPST |
| Q3 2025 | 84 | $374.8M | VONG, IVE, IWS, JPST, IEFA |
| Q2 2025 | 83 | $342.8M | VONG, IVE, IWS, JPST, IEFA |
| Q1 2025 | 84 | $310.5M | VONG, IVE, IWS, JPST, IEFA |
| Q4 2024 | 78 | $311.3M | VONG, IVE, IWS, IEFA, VTIP |
| Q3 2024 | 77 | $305.4M | VONG, IVE, IWS, AGG, IEFA |
| Q2 2024 | 77 | $289.6M | VONG, IVE, IWS, AGG, IEFA |
| Q1 2024 | 72 | $272.3M | VONG, IVE, IWS, AGG, IEFA |