NorthRock Partners, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed November 14, 2025), NorthRock Partners, LLC reported 667 stock positions worth $3.8 billion. Its top holding was Mortgage-Backed Securities (JMTG) at 10.1% of the portfolio, followed by Ste STR SPDR PT S&P 500 ETF (SPYM, 6.9%) and SS SPDR P S&P 500 Value ETF (SPYV, 6.3%). Compared with Q1 2025, it opened 108 new positions, sold out of 281, added to 360 and reduced 167. The biggest buy was a new position in Mortgage-Backed Securities (JMTG) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −2%).

Most Recent 13F
Q2 2026
Location
MINNEAPOLIS, MN
CIK
0001632097
Portfolio Value
$3.8B (Q2 2025)
SEC Filing
0001172661-25-004912 ↗ filed Nov 14, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B Q1 2024: $2.6B Q1 2024 Q2 2024: $2.7B Q2 2024 Q3 2024: $3.0B Q3 2024 Q4 2024: $3.1B Q4 2024 Q1 2025: $3.0B Q1 2025 Q2 2025: $3.8B $3.8B Q2 2025 Q3 2025: $5.5B Q3 2025 Q4 2025: $5.9B Q4 2025 Q1 2026: $6.2B Q1 2026 Q2 2026: $6.9B Q2 2026

Holdings 667 stocks · $3.8B

JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F 10.09% 7,711,342 $387.0M New
SPYM Ste STR SPDR PT S&P 500 ETF 6.88% 3,632,364 $264.0M Add +7.0%
SPYV SS SPDR P S&P 500 Value ETF 6.31% 4,625,524 $242.1M Add +4.1%
VGSH Vanguard Short-Term Treasury 6.29% 4,103,319 $241.2M Add +6.3%
SPYG SS SPDR P S&P 500 Growth ETF 5.44% 2,187,721 $208.5M Add +7.7%
SPY SS SPDR S&P 500 ETF Trust-US 5.16% 320,128 $197.8M Reduce -1.6%
SGOV iShares 0-3 Month Treasury B 4.57% 1,742,085 $175.4M Add +3.0%
AAPL Apple Inc. 3.90% 729,644 $149.7M Add +2.3%
MDYV SS SPDR S&P 400 MC Val ETF 2.84% 1,369,003 $108.7M Add +3.1%
MDYG SS SPDR S&P 400 MC GR ETF 2.42% 1,069,712 $92.9M Add +4.7%
MSFT Microsoft Corp. 1.93% 148,504 $73.9M Add +6.0%
NVDA Nvidia Corp. 1.83% 445,110 $70.3M Add +3.5%
SLYV SS SPDR S&P 600 SC Val ETF 1.64% 788,734 $62.9M Add +4.9%
VOO Vanguard S&P 500 ETF 1.62% 109,115 $62.2M Reduce -1.8%
SLYG SS SPDR S&P 600 SC GR ETF 1.55% 669,084 $59.4M Add +4.7%
IWF iShares Russell 1000 Growth 1.31% 118,040 $50.1M Add +3.4%
ATI Ati Inc. 1.22% 540,447 $46.7M Reduce -0.0%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 1.20% 904,286 $46.0M Add +10.0%
PGR Progressive Corp. 1.12% 160,566 $42.8M Add +739.3%
MDLZ Mondelez International Inc. Class A 0.94% 530,842 $36.0M Reduce -2.8%
AMZN Amazon.com Inc. 0.93% 162,008 $35.5M Add +9.4%
PM Philip Morris International 0.92% 193,145 $35.4M Reduce -6.5%
TAFM AB Tax Aware Inter Muni filed as AB ACTIVE ETFS INC 0.92% 1,412,105 $35.2M New
IEMG iShares Core MSCI Emerging 0.82% 524,672 $31.5M Add +28.0%
EFA iShares MSCI Eafe ETF 0.78% 332,831 $29.8M Reduce -2.2%
BUFR FT Vest Lad Buffervetf-Usd I 0.75% 909,213 $28.9M Add +8.3%
IWB iShares Russell 1000 ETF 0.67% 75,691 $25.7M Add +4.3%
META Meta Platforms Inc. Class A 0.66% 34,417 $25.4M Add +7.0%
BRK.B Berkshire Hathaway Inc. Class B 0.63% 49,398 $24.0M Add +15.4%
GOOGL Alphabet Inc. Class A 0.59% 128,956 $22.7M Add +7.9%
VTI VG Morningstar TS MKT ETF-US 0.50% 62,981 $19.2M Add +2.8%
TSLA Tesla Inc. 0.49% 59,027 $18.8M Add +6.0%
JPM JPMorgan Chase & Co. 0.46% 68,583 $17.6M Add +11.8%
AVGO Broadcom Inc. 0.41% 56,815 $15.7M Add +14.5%
ABBV Abbvie Inc. 0.37% 76,797 $14.3M Add +2.3%
KDP Keurig Dr Pepper Inc. 0.35% 406,281 $13.5M Add +0.4%
V Visa Inc. Class A 0.34% 37,279 $13.2M Add +44.8%
BIL SS SPDR BB 1-3M T-Bill ETF 0.34% 141,734 $13.0M Add +1.4%
MO Altria Group Inc. 0.34% 217,788 $13.0M Reduce -3.1%
IWP iShares Russell Mid-Cap Grow 0.34% 92,991 $12.9M Add +3.4%
NFLX Netflix Inc. 0.31% 8,956 $12.0M Add +9.0%
GOOG Alphabet Inc. Class C 0.31% 67,031 $11.9M Add +4.1%
QQQ Invesco QQQ Trust Series 1 0.30% 20,943 $11.6M Reduce -2.3%
IVV iShares Core S&P 500 ETF 0.30% 18,496 $11.5M Reduce -0.7%
COST Costco Wholesale Corp. 0.29% 11,375 $11.3M Add +6.2%
LLY Eli Lilly & Co. 0.29% 14,419 $11.2M Add +8.2%
VIG Vanguard Dividend Apprec ETF 0.26% 48,825 $10.0M Add +22.7%
SCHX Schwab US Large-Cap ETF 0.26% 402,523 $9.8M Add +0.6%
TGT Target Corp. 0.25% 98,939 $9.8M Reduce -3.9%
PG The Procter & Gamble Co. 0.21% 50,174 $8.0M Add +2.2%
ORCL Oracle Corp. 0.21% 36,032 $7.9M Add +9.6%
IWD iShares Russell 1000 Value E 0.19% 37,777 $7.3M Add +14.1%
JNJ Johnson & Johnson 0.18% 45,862 $7.0M Add +1.5%
ABT Abbott Laboratories 0.18% 51,228 $7.0M Add +9.5%
IVW iShares S&P 500 Growth ETF 0.18% 61,204 $6.7M Reduce -5.3%
WFC Wells Fargo & Co. 0.17% 83,501 $6.7M Add +0.4%
HD Home Depot Inc. 0.17% 17,663 $6.5M Add +9.2%
SYK Stryker Corp. 0.16% 15,986 $6.3M Add +0.3%
EFV iShares MSCI Eafe Value ETF 0.16% 99,321 $6.3M Reduce -2.0%
MA Mastercard Inc. Class A 0.16% 11,190 $6.3M Add +8.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.16% 20,837 $6.1M Add +3.1%
KHC The Kraft Heinz Co. 0.16% 235,172 $6.1M Reduce -1.9%
XOM Exxon Mobil Corp. 0.16% 55,936 $6.0M Add +2.9%
HWKN Hawkins Inc. 0.15% 41,544 $5.9M Reduce -10.6%
AMP Ameriprise Financial Inc. 0.15% 10,955 $5.8M Add +8.9%
AXP American Express Co. 0.15% 18,206 $5.8M Add +4.6%
MCD McDonald's Corp. 0.15% 19,481 $5.8M Reduce -14.3%
WMT Walmart Inc. 0.15% 58,994 $5.8M Reduce -10.0%
CVX Chevron Corp. 0.14% 38,841 $5.6M Reduce -5.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.14% 112,003 $5.3M Add +11.3%
EMXC iShares MSCI Emr MRK Ex Chna 0.13% 81,940 $5.2M Reduce -14.0%
PLTR Palantir Technologies Inc. Class A 0.13% 37,682 $5.1M Add +28.8%
PEP Pepsico Inc. 0.13% 36,934 $4.9M Add +17.1%
CRM Salesforce Inc. 0.13% 17,581 $4.8M Reduce -16.3%
EFG iShares MSCI Eafe Growth ETF 0.12% 41,969 $4.7M Reduce -3.9%
VUG Vanguard Mrngstar GR ETF-Sui 0.12% 10,571 $4.6M Add +1.5%
AMD Advanced Micro Devices 0.12% 31,330 $4.4M Add +7.9%
CSCO Cisco Systems Inc. 0.11% 59,993 $4.2M Add +8.0%
GE General Electric filed as GE AEROSPACE 0.11% 15,658 $4.0M Add +12.8%
RTX RTX Corp. 0.10% 26,946 $3.9M Add +4.0%
IEFA iShares Core MSCI Eafe ETF 0.10% 46,713 $3.9M Reduce -3.6%
CAT Caterpillar Inc. 0.10% 10,041 $3.9M Reduce -3.0%
VEA Vanguard Ftse Developed ETF 0.10% 68,304 $3.9M Add +2.3%
VXF Vanguard Extended Market ETF 0.10% 20,100 $3.9M Reduce -1.0%
SDY SS SPDR S&P Dividend ETF 0.10% 28,335 $3.8M Reduce -7.5%
BA The Boeing Co. 0.10% 17,814 $3.7M Reduce -16.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.10% 29,906 $3.7M Add +8.4%
UNH Unitedhealth Group Inc. 0.09% 11,668 $3.6M Add +7.8%
ABNB Airbnb Inc. Class A 0.09% 27,230 $3.6M Add +4.9%
KO The Coca-Cola Co. 0.09% 50,458 $3.6M Add +4.4%
IWR iShares Russell Mid-Cap ETF 0.09% 38,211 $3.5M Add +27.8%
XLK SS Technology Select Sector 0.09% 13,795 $3.5M Reduce -2.1%
VGT Vanguard Info Tech ETF 0.09% 5,172 $3.4M Add +2.5%
CRWD CrowdStrike Holdings Inc. Class A 0.09% 6,471 $3.3M Add +29.4%
S Sentinelone Inc. Class A 0.09% 180,000 $3.3M No change
AMGN Amgen Inc. 0.08% 11,338 $3.2M Add +2.4%
MRK Merck & Co. Inc. 0.08% 39,328 $3.1M Add +20.2%
RBLX Roblox Corp. Class A 0.08% 28,152 $3.0M Reduce -61.9%
MS Morgan Stanley 0.08% 20,990 $3.0M Add +6.1%
INTU Intuit Inc. 0.07% 3,644 $2.9M Add +6.9%

Show all 667 holdings

Options reported separately and not counted above: AAPL puts ($1.4M), SPY puts ($1.2M), MSFT calls ($995K), F puts ($217K), TMUS puts ($119K), TSM calls ($68K), IWM calls ($43K), RIVN calls ($41K), PINS calls ($36K), F calls ($33K), CME calls ($28K), SCHW calls ($18K), and 3 more.

Portfolio Sells Q1 2025 → Q2 2025

SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.6% 5.16% −0.96
MDLZ Mondelez International Inc. Class A Reduce -2.8% 0.94% −0.31
VOO Vanguard S&P 500 ETF Reduce -1.8% 1.62% −0.30
PM Philip Morris International Reduce -6.5% 0.92% −0.19
EFA iShares MSCI Eafe ETF Reduce -2.2% 0.78% −0.16
MO Altria Group Inc. Reduce -3.1% 0.34% −0.11
TGT Target Corp. Reduce -3.9% 0.25% −0.11
MCD McDonald's Corp. Reduce -14.3% 0.15% −0.09
KHC The Kraft Heinz Co. Reduce -1.9% 0.16% −0.09
CVX Chevron Corp. Reduce -5.5% 0.14% −0.09
RBLX Roblox Corp. Class A Reduce -61.9% 0.08% −0.07
CRM Salesforce Inc. Reduce -16.3% 0.13% −0.06
IVV iShares Core S&P 500 ETF Reduce -0.7% 0.30% −0.05
WMT Walmart Inc. Reduce -10.0% 0.15% −0.04
IGEB iShares Investment Grade SYS Reduce -80.8% 0.01% −0.04
EMXC iShares MSCI Emr MRK Ex Chna Reduce -14.0% 0.13% −0.04
SDY SS SPDR S&P Dividend ETF Reduce -7.5% 0.10% −0.04
QQQ Invesco QQQ Trust Series 1 Reduce -2.3% 0.30% −0.04
EFV iShares MSCI Eafe Value ETF Reduce -2.0% 0.16% −0.04
DFS Discover Financial Services Sold out 0.00% −0.03
IJH iShares Core S&P Midcap ETF Reduce -22.0% 0.06% −0.03
TMO Thermo Fisher Scientific Inc. Reduce -8.2% 0.04% −0.03
ADBE Adobe Inc. Reduce -15.4% 0.06% −0.03
SBUX Starbucks Corp. Reduce -5.0% 0.06% −0.03
XLSR SS US Sector Rotation Reduce -67.8% 0.01% −0.03
IVW iShares S&P 500 Growth ETF Reduce -5.3% 0.18% −0.03
ITW Illinois Tool Works Reduce -4.4% 0.07% −0.03
BMY Bristol-Myers Squibb Co. Reduce -3.7% 0.03% −0.03
BA The Boeing Co. Reduce -16.7% 0.10% −0.03
LOW Lowe's Cos Inc. Reduce -10.2% 0.05% −0.03
FNDA Schwab Fndmntl US SM Co. ETF Sold out 0.00% −0.02
EFG iShares MSCI Eafe Growth ETF Reduce -3.9% 0.12% −0.02
IJR iShares Core S&P Small-Cap E Reduce -7.0% 0.07% −0.02
IEFA iShares Core MSCI Eafe ETF Reduce -3.6% 0.10% −0.02
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.02
LULU Lululemon Athletica Inc. Reduce -52.9% 0.01% −0.02
ACN Accenture PLC Class A Reduce -14.1% 0.03% −0.02
SLB SLB Ltd. Reduce -54.3% 0.01% −0.02
QUS SS SPDR MSCI U Stratfact ETF Reduce -42.1% 0.02% −0.02
XEL Xcel Energy Inc. Reduce -11.1% 0.03% −0.02
UNP Union Pacific Corp. Reduce -4.1% 0.04% −0.02
VXF Vanguard Extended Market ETF Reduce -1.0% 0.10% −0.02
VRTX Vertex Pharmaceuticals Inc. Reduce -3.0% 0.04% −0.02
EPD Enterprise Products Partners Reduce -11.5% 0.03% −0.02
PLD Prologis Inc. Reduce -24.3% 0.02% −0.02
KMB Kimberly-Clark Corp. Reduce -0.4% 0.04% −0.02
MSI Motorola Solutions Inc. Reduce -6.8% 0.03% −0.02
USMV iShares MSCI USA Min Vol Fac Reduce -9.0% 0.04% −0.01
BSX Boston Scientific Corp. Reduce -9.3% 0.04% −0.01
GPC Genuine Parts Co. Sold out 0.00% −0.01

Portfolio Buys Q1 2025 → Q2 2025

JMTG Mortgage-Backed Securities New 10.09% +10.09
PGR Progressive Corp. Add +739.3% 1.12% +0.94
TAFM AB Tax Aware Inter Muni New 0.92% +0.92
NVDA Nvidia Corp. Add +3.5% 1.83% +0.27
MSFT Microsoft Corp. Add +6.0% 1.93% +0.16
AVGO Broadcom Inc. Add +14.5% 0.41% +0.13
IEMG iShares Core MSCI Emerging Add +28.0% 0.82% +0.08
FDIV Marketdsk Focused US DVD ETF New 0.07% +0.07
GIS General Mills Inc. Add +1115.6% 0.07% +0.07
NFLX Netflix Inc. Add +9.0% 0.31% +0.06
PLTR Palantir Technologies Inc. Class A Add +28.8% 0.13% +0.05
ORCL Oracle Corp. Add +9.6% 0.21% +0.05
V Visa Inc. Class A Add +44.8% 0.34% +0.04
META Meta Platforms Inc. Class A Add +7.0% 0.66% +0.04
COF Capital One Financial Corp. Add +156.1% 0.07% +0.04
CART Maplebear Inc. New 0.03% +0.03
CRWD CrowdStrike Holdings Inc. Class A Add +29.4% 0.09% +0.03
DASH DoorDash Inc. Class A New 0.03% +0.03
GEV GE Vernova Inc. Add +12.3% 0.07% +0.02
DIVB iShares Core Dividend ETF New 0.02% +0.02
CATH Global X S&P 500 Ca Val ETF New 0.02% +0.02
SNOW Snowflake Inc. New 0.02% +0.02
GGG Graco Inc. New 0.02% +0.02
TQQQ Proshares Ultrapro QQQ Add +84.2% 0.04% +0.02
COIN Coinbase Global Inc. Class A New 0.02% +0.02
JPM JPMorgan Chase & Co. Add +11.8% 0.46% +0.02
IQV Iqvia Holdings Inc. New 0.02% +0.02
VST Vistra Corp. New 0.02% +0.02
AMD Advanced Micro Devices Add +7.9% 0.12% +0.02
IWM iShares Russell 2000 ETF Add +62.1% 0.06% +0.02
EL Estee Lauder Companies Class A New 0.02% +0.02
ILMN Illumina Inc. New 0.02% +0.02
APH Amphenol Corp. Class A Add +48.9% 0.04% +0.02
DHR Danaher Corp. Add +74.7% 0.06% +0.01
C Citigroup Inc. Add +60.9% 0.04% +0.01
HAL Halliburton Co. New 0.01% +0.01
EEM iShares MSCI Emerging Market Add +134.5% 0.03% +0.01
NTAP Netapp Inc. New 0.01% +0.01
VEEV Veeva Systems Inc. Class A New 0.01% +0.01
INCY Incyte Corp. New 0.01% +0.01
PCG P G & E Corp. New 0.01% +0.01
BXP BXP Inc. New 0.01% +0.01
WDC Western Digital Corp. New 0.01% +0.01
IDXX Idexx Laboratories Inc. Add +84.0% 0.03% +0.01
SPTM SS SPDR P S&P 1500 Comp ETF Add +60.2% 0.04% +0.01
EXPE Expedia Group Inc. New 0.01% +0.01
GE General Electric Add +12.8% 0.11% +0.01
BC Brunswick Corp. New 0.01% +0.01
NWSA News Corp. Class A New 0.01% +0.01
GM General Motors Co. Add +83.5% 0.03% +0.01

Options Activity Q1 2025 → Q2 2025

AAPL Apple Inc. put Reduce -42.1% 7,000 $1.4M
SPY SS SPDR S&P 500 ETF Trust-US put Add +58.3% 1,900 $1.2M
F Ford Motor Co. put New 20,000 $217K
TMUS T-Mobile US Inc. put New 500 $119K
SPY SS SPDR S&P 500 ETF Trust-US call Sold out 100 $56Kbefore exit
TSCO Tractor Supply Company call Sold out 1,000 $55Kbefore exit
RIVN Rivian Automotive Inc. Class A call New 3,000 $41K
PINS Pinterest Inc. Class A call New 1,000 $36K
PNC PNC Financial Services Group call Sold out 200 $35Kbefore exit
F Ford Motor Co. call New 3,000 $33K
FTNT Fortinet Inc. call Sold out 300 $29Kbefore exit
CME Cme Group Inc. call New 100 $28K
SCHW Schwab (charles) Corp. call New 200 $18K
RKLB Rocket Lab Corp. put New 500 $18K
OKE Oneok Inc. call New 200 $16K
PLTR Palantir Technologies Inc. Class A call New 100 $14K
SHOP Shopify Inc. Class A call Sold out 100 $10Kbefore exit
CSCO Cisco Systems Inc. call Sold out 100 $6Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q1 2025 → Q2 2025

OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 Sold out 23 $836before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 669$6.9BVOO, JMTG, SPYM, SPYV, SPYG
Q1 2026 652$6.2BJMTG, VOO, SPYM, VGSH, SPYV
Q4 2025 600$5.9BJMTG, VOO, SPYM, VGSH, SPYV
Q3 2025 849$5.5BJMTG, SPYM, VOO, VGSH, SPYV
Q2 2025Amended 667$3.8BJMTG, SPYM, SPYV, VGSH, SPYG
Q1 2025 840$3.0BSPYV, VGSH, SPYM, SPY, SGOV
Q4 2024Amended 764$3.1BSPYV, SPYM, VGSH, SPY, AAPL
Q3 2024Amended 825$3.0BSPY, SPYV, AAPL, SGOV, SPYG
Q2 2024Amended 799$2.7BSPY, SPYV, SGOV, SPYG, AAPL
Q1 2024Amended 803$2.6BSPY, SPYV, SGOV, SPYG, AAPL