Midwestern Financial, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 6, 2026), Midwestern Financial, LLC reported 52 stock positions worth $120.9 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 9.5% of the portfolio, followed by American Century Focused Lar (FLV, 7.0%) and iShares Core U.S. Aggregate (AGG, 6.9%). Compared with Q3 2025, it sold out of 2, added to 33 and reduced 17. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +10%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- IOWA CITY, IA
- CIK
- 0002083276
- Portfolio Value
- $120.9M (Q4 2025)
- SEC Filing
- 0002063364-26-000062 ↗ filed Feb 6, 2026
Holdings Value
Holdings 52 stocks · $120.9M
| SPY SS SPDR S&P 500 ETF Trust-US | 9.49% | 16,824 | $11.5M | Add +10.0% |
| FLV American Century Focused Lar | 7.01% | 111,760 | $8.5M | Add +1.1% |
| AGG iShares Core U.S. Aggregate | 6.90% | 83,522 | $8.3M | Add +4.2% |
| ACWX iShares MSCI Acwi Ex US ETF | 5.65% | 101,748 | $6.8M | Add +9.4% |
| AVDE Avantis International Equity | 5.02% | 73,654 | $6.1M | Add +1.8% |
| AVEM Avantis Emerging Markets Eq | 4.98% | 78,224 | $6.0M | Add +4.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.97% | 31,466 | $6.0M | Reduce -1.4% |
| SCHB Schwab US Broad Market ETF | 4.04% | 185,988 | $4.9M | Reduce -10.8% |
| VTI VG Morningstar TS MKT ETF-US | 3.64% | 13,118 | $4.4M | Reduce -16.8% |
| JPST JPMorgan Ultra-Short Income | 3.44% | 82,095 | $4.2M | Add +11.9% |
| VEA Vanguard Ftse Developed ETF | 2.88% | 55,729 | $3.5M | Add +5.7% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.78% | 15,858 | $3.4M | Add +3.6% |
| VT Vanguard Tot World STK ETF | 2.42% | 20,713 | $2.9M | Add +1.5% |
| IAGG iShares Intl Aggregate Bond | 2.24% | 54,175 | $2.7M | Add +10.5% |
| QQQ Invesco QQQ Trust Series 1 | 2.23% | 4,385 | $2.7M | Reduce -3.9% |
| VGSH Vanguard Short-Term Treasury | 2.05% | 42,273 | $2.5M | Reduce -3.3% |
| SCHA Schwab US Small-Cap ETF | 1.97% | 83,713 | $2.4M | Add +15.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.90% | 7,895 | $2.3M | Add +18.9% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.86% | 44,720 | $2.2M | Add +16.4% |
| META Meta Platforms Inc. Class A | 1.79% | 3,277 | $2.2M | Add +0.7% |
| SUB iShares Short-Term National | 1.61% | 18,218 | $1.9M | Reduce -2.4% |
| QUAL iShares MSCI USA Quality Fac | 1.60% | 9,737 | $1.9M | Add +14.8% |
| SHYD Vaneck SH Hi YLD Muni | 1.44% | 76,195 | $1.7M | Add +39.7% |
| VIG Vanguard Dividend Apprec ETF | 1.42% | 7,794 | $1.7M | Reduce -1.0% |
| NVDA Nvidia Corp. | 1.34% | 8,700 | $1.6M | Add +0.0% |
| VWO Vanguard Ftse Emerging Marke | 1.25% | 28,151 | $1.5M | Add +4.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.20% | 2,889 | $1.5M | Add +1.2% |
| TAXF American Century Diver Muni | 1.05% | 25,203 | $1.3M | Add +0.5% |
| AAPL Apple Inc. | 1.03% | 4,570 | $1.2M | Add +14.4% |
| MUB iShares National Muni Bond E | 0.88% | 9,928 | $1.1M | Reduce -1.1% |
| XLI SS Industrial Select Sector | 0.83% | 6,443 | $999K | Add +0.3% |
| VGT Vanguard Info Tech ETF | 0.77% | 1,230 | $927K | Reduce -0.3% |
| SBUX Starbucks Corp. | 0.75% | 10,748 | $905K | Reduce -7.9% |
| VTIP Vanguard Short-Term Tips | 0.72% | 17,653 | $873K | Add +27.5% |
| ROP Roper Technologies Inc. | 0.64% | 1,733 | $771K | Reduce -26.0% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.55% | 6,020 | $663K | Add +11.3% |
| AMZN Amazon.com Inc. | 0.54% | 2,826 | $652K | Add +2.2% |
| BBCB JPMorgan Betabuilders Usd Inc. | 0.48% | 12,761 | $585K | Reduce -6.1% |
| MSFT Microsoft Corp. | 0.47% | 1,185 | $573K | Add +0.2% |
| TEL Te Connectivity PLC | 0.41% | 2,193 | $499K | Add +3.3% |
| BBHY JPMorgan Betabuilders Usd Hi | 0.41% | 10,706 | $498K | Add +1.4% |
| WMT Walmart Inc. | 0.41% | 4,450 | $496K | Add +3.5% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.40% | 9,431 | $480K | Reduce -5.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.39% | 1,824 | $471K | Add +0.7% |
| ACWI iShares MSCI Acwi ETF | 0.38% | 3,275 | $463K | Reduce -16.4% |
| GOOGL Alphabet Inc. Class A | 0.32% | 1,231 | $385K | No change |
| XLB SS Materials Select Sector | 0.30% | 7,870 | $357K | Reduce -6.4% |
| BND Vanguard Total Bond Market | 0.27% | 4,332 | $321K | Reduce -5.3% |
| VTES Vanguard SH Term Tax-Ex Bond | 0.25% | 2,973 | $302K | Add +0.9% |
| TSLA Tesla Inc. | 0.23% | 630 | $283K | No change |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.22% | 4,606 | $267K | Add +0.4% |
| HDV iShares Core High Dividend E | 0.19% | 1,871 | $227K | Reduce -37.3% |
Portfolio Sells Q3 2025 → Q4 2025
| VTI VG Morningstar TS MKT ETF-US | Reduce -16.8% | 3.64% | −0.80 |
| SCHB Schwab US Broad Market ETF | Reduce -10.8% | 4.04% | −0.56 |
| ROP Roper Technologies Inc. | Reduce -26.0% | 0.64% | −0.36 |
| CLS Celestica Inc. | Sold out | 0.00% | −0.19 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.18 |
| VGSH Vanguard Short-Term Treasury | Reduce -3.3% | 2.05% | −0.16 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.4% | 4.97% | −0.14 |
| HDV iShares Core High Dividend E | Reduce -37.3% | 0.19% | −0.13 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.9% | 2.23% | −0.12 |
| SUB iShares Short-Term National | Reduce -2.4% | 1.61% | −0.10 |
| SBUX Starbucks Corp. | Reduce -7.9% | 0.75% | −0.10 |
| ACWI iShares MSCI Acwi ETF | Reduce -16.4% | 0.38% | −0.08 |
| BBCB JPMorgan Betabuilders Usd Inc. | Reduce -6.1% | 0.48% | −0.06 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.0% | 1.42% | −0.04 |
| JMST JPM Ultra-Short Muni Income | Reduce -5.2% | 0.40% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -1.1% | 0.88% | −0.04 |
| XLB SS Materials Select Sector | Reduce -6.4% | 0.30% | −0.03 |
| BND Vanguard Total Bond Market | Reduce -5.3% | 0.27% | −0.03 |
| VGT Vanguard Info Tech ETF | Reduce -0.3% | 0.77% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Add +10.0% | 9.49% | +0.75 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +9.4% | 5.65% | +0.46 |
| SHYD Vaneck SH Hi YLD Muni | Add +39.7% | 1.44% | +0.37 |
| JPST JPMorgan Ultra-Short Income | Add +11.9% | 3.44% | +0.24 |
| SCHA Schwab US Small-Cap ETF | Add +15.3% | 1.97% | +0.23 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +18.9% | 1.90% | +0.22 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +16.4% | 1.86% | +0.21 |
| QUAL iShares MSCI USA Quality Fac | Add +14.8% | 1.60% | +0.18 |
| VEA Vanguard Ftse Developed ETF | Add +5.7% | 2.88% | +0.17 |
| AAPL Apple Inc. | Add +14.4% | 1.03% | +0.15 |
| AVEM Avantis Emerging Markets Eq | Add +4.3% | 4.98% | +0.15 |
| VTIP Vanguard Short-Term Tips | Add +27.5% | 0.72% | +0.12 |
| AVDE Avantis International Equity | Add +1.8% | 5.02% | +0.12 |
| IAGG iShares Intl Aggregate Bond | Add +10.5% | 2.24% | +0.09 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +3.6% | 2.78% | +0.04 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +11.3% | 0.55% | +0.03 |
| WMT Walmart Inc. | Add +3.5% | 0.41% | +0.03 |
| AMZN Amazon.com Inc. | Add +2.2% | 0.54% | +0.02 |
| TEL Te Connectivity PLC | Add +3.3% | 0.41% | +0.01 |
| FLV American Century Focused Lar | Add +1.1% | 7.01% | +0.01 |
| VT Vanguard Tot World STK ETF | Add +1.5% | 2.42% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +4.8% | 1.25% | +0.00 |
| AGG iShares Core U.S. Aggregate | Add +4.2% | 6.90% | −0.00 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +0.4% | 0.22% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.7% | 0.39% | −0.01 |
| VTES Vanguard SH Term Tax-Ex Bond | Add +0.9% | 0.25% | −0.01 |
| BBHY JPMorgan Betabuilders Usd Hi | Add +1.4% | 0.41% | −0.01 |
| XLI SS Industrial Select Sector | Add +0.3% | 0.83% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.2% | 1.20% | −0.03 |
| TAXF American Century Diver Muni | Add +0.5% | 1.05% | −0.03 |
| NVDA Nvidia Corp. | Add +0.0% | 1.34% | −0.05 |
| MSFT Microsoft Corp. | Add +0.2% | 0.47% | −0.05 |
| META Meta Platforms Inc. Class A | Add +0.7% | 1.79% | −0.26 |