Marquette Asset Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 24, 2025), Marquette Asset Management, LLC reported 700 stock positions worth $653.4 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 21.0% of the portfolio, followed by Dimensional International (DFAI, 12.2%) and iShares Russell 1000 Value E (IWD, 11.9%). Compared with Q2 2025, it opened 568 new positions, sold out of 1, added to 48 and reduced 26. The biggest buy was iShares Russell 1000 Value E (IWD, shares +12%) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −76%).

Most Recent 13F
Q2 2026
Location
MINNEAPOLIS, MN
CIK
0001395067
Portfolio Value
$653.4M (Q3 2025)
SEC Filing
0001395067-25-000006 ↗ filed Oct 24, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $576.7M Q1 2024 Q2 2024: $588.4M Q2 2024 Q3 2024: $630.7M Q3 2024 Q4 2024: $612.7M Q4 2024 Q1 2025: $567.5M Q1 2025 Q2 2025: $596.6M Q2 2025 Q3 2025: $653.4M $653.4M Q3 2025 Q4 2025: $677.3M Q4 2025 Q1 2026: $666.8M Q1 2026 Q2 2026: $776.4M Q2 2026

Holdings 700 stocks · $653.4M
SCHG Schwab US Large-Cap Growth 20.98% 4,296,094 $137.1M Reduce -0.4%
DFAI Dimensional International Co. 12.19% 2,191,171 $79.6M Add +1.9%
IWD iShares Russell 1000 Value E 11.88% 381,407 $77.7M Add +12.3%
IWF iShares Russell 1000 Growth 8.57% 119,586 $56.0M Reduce -1.5%
AVUV Avantis US Small Cap Value 6.84% 449,371 $44.7M Add +3.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 5.79% 128,681 $37.8M Add +1.6%
RPG Invesco S&P 500 Pure Growth 5.22% 715,226 $34.1M No change
AVDV Avantis Intl S/C Value ETF 4.43% 325,150 $28.9M Add +1.4%
USTB Victoryshares Short-Term Bon 4.09% 523,530 $26.7M Add +2.1%
AGG iShares Core U.S. Aggregate 4.06% 264,548 $26.5M Add +9.4%
DFAE Dimensional Emerging Core Eq 3.34% 691,187 $21.8M Add +1.7%
DFEV Dimensional Emrg MRKT Val 3.27% 669,244 $21.3M Add +2.2%
SCHA Schwab US Small-Cap ETF 1.09% 255,486 $7.1M Reduce -0.0%
IWM iShares Russell 2000 ETF 0.91% 24,442 $5.9M Add +25.9%
DFSV Dimensional US Small Cap Val 0.75% 154,870 $4.9M Reduce -0.0%
EFA iShares MSCI Eafe ETF 0.40% 27,862 $2.6M Reduce -8.3%
IWR iShares Russell Mid-Cap ETF 0.40% 26,774 $2.6M Reduce -0.6%
SCHF Schwab Intl Equity ETF 0.39% 110,046 $2.6M Reduce -0.1%
SCHM Schwab US Mid Cap ETF 0.37% 81,970 $2.4M Reduce -0.0%
VUG Vanguard Mrngstar GR ETF-Sui 0.31% 4,274 $2.0M Reduce -3.6%
SCHD Schwab US DVD Equity ETF 0.31% 73,495 $2.0M Reduce -76.3%
AMCR Amcor PLC 0.28% 227,280 $1.9M No change
VB Vanguard Most SM-Cap ETF-Usd 0.26% 6,640 $1.7M Reduce -2.0%
AAPL Apple Inc. 0.20% 5,018 $1.3M Add +30.6%
BRK.B Berkshire Hathaway Inc. Class B 0.19% 2,455 $1.2M Add +44.8%
QQQ Invesco QQQ Trust Series 1 0.17% 1,826 $1.1M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.15% 1,504 $1.0M Reduce -0.7%
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.13% 18,928 $860K Reduce -15.0%
SCHV Schwab US Large-Cap Value 0.13% 28,770 $837K No change
VOO Vanguard S&P 500 ETF 0.12% 1,322 $809K New
HSY The Hershey Co. 0.12% 4,016 $751K Add +0.4%
V Visa Inc. Class A 0.08% 1,440 $492K No change
MSI Motorola Solutions Inc. 0.07% 1,057 $483K No change
GOOGL Alphabet Inc. Class A 0.07% 1,980 $481K No change
MDY State Street SPDR S&P Midcap 0.07% 800 $477K No change
APH Amphenol Corp. Class A 0.07% 3,700 $458K No change
MSFT Microsoft Corp. 0.06% 756 $392K Reduce -40.8%
WMT Walmart Inc. 0.06% 3,680 $379K No change
SLYV SS SPDR S&P 600 SC Val ETF 0.06% 4,210 $373K Reduce -0.7%
VYM Vanguard High DVD Yield ETF 0.06% 2,555 $360K Add +325.8%
DVY iShares Select Dividend ETF 0.05% 2,508 $356K No change
NVDA Nvidia Corp. 0.05% 1,834 $342K New
UTHR United Therapeutics Corp. 0.05% 809 $339K Add +102.3%
CHKP Check Point Software Tech 0.05% 1,635 $338K No change
FAST Fastenal Co. 0.05% 6,740 $331K No change
VGT Vanguard Info Tech ETF 0.05% 425 $317K New
ICE Intercontinental Exchange Inc. 0.05% 1,790 $302K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 1,004 $283K Add +31.8%
IWV iShares Russell 3000 ETF 0.04% 734 $278K Add +11.0%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.04% 1,113 $272K New
SHW The Sherwin-Williams Co. 0.04% 775 $268K No change
SYK Stryker Corp. 0.04% 680 $251K No change
ITW Illinois Tool Works 0.03% 845 $220K No change
EXPD Expeditors Intl Wash Inc. 0.03% 1,780 $218K No change
ROP Roper Technologies Inc. 0.03% 425 $212K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.03% 679 $209K Reduce -3.8%
JPM JPMorgan Chase & Co. 0.03% 634 $200K Add +58.5%
PFE Pfizer Inc. 0.03% 7,818 $199K New
QCOM Qualcomm Inc. 0.03% 1,170 $195K No change
IJH iShares Core S&P Midcap ETF 0.03% 2,941 $192K Reduce -13.4%
VZ Verizon Communications Inc. 0.03% 4,345 $191K Add +1848.4%
AMZN Amazon.com Inc. 0.03% 843 $185K Add +1305.0%
SGU Star Group LP 0.03% 15,000 $177K No change
XLK SS Technology Select Sector 0.03% 598 $169K No change
META Meta Platforms Inc. Class A 0.03% 226 $166K Add +545.7%
JNJ Johnson & Johnson 0.03% 880 $163K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.02% 1,520 $159K No change
XEL Xcel Energy Inc. 0.02% 1,710 $138K Add +2.6%
MMM 3M Co. 0.02% 820 $127K Add +6.8%
AVGO Broadcom Inc. 0.02% 377 $124K New
GOOG Alphabet Inc. Class C 0.02% 500 $122K No change
VTI VG Morningstar TS MKT ETF-US 0.02% 371 $122K No change
VNQ Vanguard Real Estate ETF 0.02% 1,300 $119K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.02% 534 $100K No change
TSLA Tesla Inc. 0.01% 217 $97K New
UMBF Umb Financial Corp. 0.01% 813 $96K No change
BSCW Invesco Bulletshares 2032 CB 0.01% 4,568 $95K No change
BSCY Invesco Bulletshares 2034 CB 0.01% 4,327 $91K No change
BSCV Invesco Bulletshares 2031 CB 0.01% 5,351 $89K No change
AMGN Amgen Inc. 0.01% 315 $89K Add +22.6%
BSCX Invesco Bulletshares 2033 CB 0.01% 4,118 $88K No change
BSCU Invesco Bulletshares 2030 CB 0.01% 5,219 $88K No change
BSCT Invesco Bulletshares 2029 CB 0.01% 4,240 $80K No change
BSCS Invesco Bulletshares 2028 CB 0.01% 3,840 $79K No change
VEA Vanguard Ftse Developed ETF 0.01% 1,313 $79K No change
BSCR Invesco Bulletshares 2027 CB 0.01% 3,960 $78K No change
HON Honeywell International Inc. 0.01% 368 $77K Reduce -5.6%
EPD Enterprise Products Partners 0.01% 2,453 $77K New
BBJP JPMorgan Betabuilders Japan 0.01% 1,104 $73K No change
USB US Bancorp 0.01% 1,479 $71K Add +9.4%
BSCQ Invesco Bulletshares 2026 CB 0.01% 3,609 $71K No change
BSCP Invesco Bulletshares 2025 CB 0.01% 3,383 $70K No change
ABBV Abbvie Inc. 0.01% 292 $68K Reduce -34.2%
UNH Unitedhealth Group Inc. 0.01% 172 $59K Reduce -32.5%
TMO Thermo Fisher Scientific Inc. 0.01% 120 $58K Reduce -40.0%
UNP Union Pacific Corp. 0.01% 244 $58K Reduce -43.1%
IWN iShares Russell 2000 Value E 0.01% 324 $57K No change
ORCL Oracle Corp. 0.01% 191 $54K Add +334.1%
LLY Eli Lilly & Co. 0.01% 70 $53K New
TGT Target Corp. 0.01% 564 $51K Reduce -2.3%

Show all 700 holdings

Portfolio Sells Q2 2025 → Q3 2025
SCHD Schwab US DVD Equity ETF Reduce -76.3% 0.31% −1.07
SCHG Schwab US Large-Cap Growth Reduce -0.4% 20.98% −0.13
IWF iShares Russell 1000 Growth Reduce -1.5% 8.57% −0.07
EFA iShares MSCI Eafe ETF Reduce -8.3% 0.40% −0.06
MSFT Microsoft Corp. Reduce -40.8% 0.06% −0.05
ACN Accenture PLC Class A Reduce -87.9% 0.00% −0.03
PRFZ Inv Rafi US 1500 SM-Usd Inc. Reduce -15.0% 0.13% −0.02
IWR iShares Russell Mid-Cap ETF Reduce -0.6% 0.40% −0.02
SCHF Schwab Intl Equity ETF Reduce -0.1% 0.39% −0.02
SCHM Schwab US Mid Cap ETF Reduce -0.0% 0.37% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -3.6% 0.31% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -2.0% 0.26% −0.01
DFSV Dimensional US Small Cap Val Reduce -0.0% 0.75% −0.01
UNP Union Pacific Corp. Reduce -43.1% 0.01% −0.01
DE Deere & Co. Reduce -77.1% 0.00% −0.01
IJH iShares Core S&P Midcap ETF Reduce -13.4% 0.03% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -40.0% 0.01% −0.00
UNH Unitedhealth Group Inc. Reduce -32.5% 0.01% −0.00
ABBV Abbvie Inc. Reduce -34.2% 0.01% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.7% 0.15% −0.00
HON Honeywell International Inc. Reduce -5.6% 0.01% −0.00
TGT Target Corp. Reduce -2.3% 0.01% −0.00
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -3.8% 0.03% −0.00
SCHB Schwab US Broad Market ETF Reduce -12.1% 0.01% −0.00
WTBA West Bancorporation Sold out 0.00% −0.00
SLYV SS SPDR S&P 600 SC Val ETF Reduce -0.7% 0.06% +0.00
SCHA Schwab US Small-Cap ETF Reduce -0.0% 1.09% +0.01

Portfolio Buys Q2 2025 → Q3 2025
IWD iShares Russell 1000 Value E Add +12.3% 11.88% +0.83
IWM iShares Russell 2000 ETF Add +25.9% 0.91% +0.20
AVUV Avantis US Small Cap Value Add +3.3% 6.84% +0.20
AVDV Avantis Intl S/C Value ETF Add +1.4% 4.43% +0.17
VOO Vanguard S&P 500 ETF New 0.12% +0.12
AAPL Apple Inc. Add +30.6% 0.20% +0.06
NVDA Nvidia Corp. New 0.05% +0.05
BRK.B Berkshire Hathaway Inc. Class B Add +44.8% 0.19% +0.05
VGT Vanguard Info Tech ETF New 0.05% +0.05
VYM Vanguard High DVD Yield ETF Add +325.8% 0.06% +0.04
MGC Vngrd Mrngstr MG Cap ETF-Usd New 0.04% +0.04
DFAE Dimensional Emerging Core Eq Add +1.7% 3.34% +0.04
AGG iShares Core U.S. Aggregate Add +9.4% 4.06% +0.04
UTHR United Therapeutics Corp. Add +102.3% 0.05% +0.03
PFE Pfizer Inc. New 0.03% +0.03
VZ Verizon Communications Inc. Add +1848.4% 0.03% +0.03
AMZN Amazon.com Inc. Add +1305.0% 0.03% +0.03
META Meta Platforms Inc. Class A Add +545.7% 0.03% +0.02
AVGO Broadcom Inc. New 0.02% +0.02
TSLA Tesla Inc. New 0.01% +0.01
EPD Enterprise Products Partners New 0.01% +0.01
JPM JPMorgan Chase & Co. Add +58.5% 0.03% +0.01
LLY Eli Lilly & Co. New 0.01% +0.01
MA Mastercard Inc. Class A New 0.01% +0.01
NFLX Netflix Inc. New 0.01% +0.01
ORCL Oracle Corp. Add +334.1% 0.01% +0.01
CVX Chevron Corp. New 0.01% +0.01
COST Costco Wholesale Corp. Add +2200.0% 0.01% +0.01
HD Home Depot Inc. New 0.01% +0.01
IBM Intl Business Machines Corp. Add +31.8% 0.04% +0.01
PG The Procter & Gamble Co. New 0.01% +0.01
CPA Copa Holdings SA Class A New 0.01% +0.01
XOM Exxon Mobil Corp. Add +307.0% 0.01% +0.01
PLTR Palantir Technologies Inc. Class A New 0.01% +0.01
BAC Bank of America Corp. New 0.00% +0.00
HESM Hess Midstream LP Class A New 0.00% +0.00
KO The Coca-Cola Co. New 0.00% +0.00
LIN Linde PLC New 0.00% +0.00
GE General Electric New 0.00% +0.00
CAT Caterpillar Inc. Add +1060.0% 0.00% +0.00
CRM Salesforce Inc. New 0.00% +0.00
CSCO Cisco Systems Inc. New 0.00% +0.00
HSY The Hershey Co. Add +0.4% 0.12% +0.00
IWV iShares Russell 3000 ETF Add +11.0% 0.04% +0.00
PM Philip Morris International Add +1677.8% 0.00% +0.00
ABT Abbott Laboratories Add +121.0% 0.01% +0.00
NOW ServiceNow Inc. New 0.00% +0.00
WFC Wells Fargo & Co. Add +472.4% 0.00% +0.00
AMD Advanced Micro Devices New 0.00% +0.00
MCD McDonald's Corp. New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 830$776.4MSCHG, IWD, DFAI, IWF, AVUV
Q1 2026 795$666.8MSCHG, DFAI, IWD, IWF, AVUV
Q4 2025 698$677.3MSCHG, DFAI, IWD, IWF, AVUV
Q3 2025 700$653.4MSCHG, DFAI, IWD, IWF, AVUV
Q2 2025 133$596.6MSCHG, DFAI, IWD, IWF, AVUV
Q1 2025 147$567.5MSCHG, DFAI, SCHD, IWF, AVUV
Q4 2024 190$612.7MSCHG, DFAI, SCHD, IWF, AVUV
Q3 2024 230$630.7MSCHG, DFAI, SCHD, IWF, AVUV
Q2 2024 193$588.4MSCHG, DFAI, SCHD, IWF, AVUV
Q1 2024 197$576.7MSCHG, DFAI, SCHD, AVUV, IWF