Trademark Financial Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 7, 2024), Trademark Financial Management, LLC reported 76 stock positions worth $120.6 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 13.0% of the portfolio, followed by Pacer US Cash Cows 100 ETF (COWZ, 7.7%) and Vaneck Morningstar Wide Moat (MOAT, 7.0%). Compared with Q4 2023, it opened 6 new positions, sold out of 16, added to 27 and reduced 43. The biggest buy was iShares MSCI USA Quality Fac (QUAL, shares +74%) and the biggest sale Avantis U.S. Equity ETF (AVUS, shares −56%).
- Most Recent 13F
- Q2 2026
- Location
- Bloomington, MN
- CIK
- 0002011736
- Portfolio Value
- $120.6M (Q1 2024)
- SEC Filing
- 0002011736-24-000001 ↗ filed May 7, 2024
Holdings Value
Holdings 76 stocks · $120.6M
| IVV iShares Core S&P 500 ETF | 13.04% | 29,911 | $15.7M | Reduce -4.0% |
| COWZ Pacer US Cash Cows 100 ETF | 7.66% | 159,069 | $9.2M | Reduce -0.5% |
| MOAT Vaneck Morningstar Wide Moat | 6.98% | 93,660 | $8.4M | Reduce -18.9% |
| JPST JPMorgan Ultra-Short Income | 6.30% | 150,645 | $7.6M | Reduce -3.3% |
| QQQ Invesco QQQ Trust Series 1 | 5.26% | 14,297 | $6.3M | Reduce -2.0% |
| QUAL iShares MSCI USA Quality Fac | 4.70% | 34,465 | $5.7M | Add +73.9% |
| DBEF Xtrackers MSCI Eafe Hedged E | 3.20% | 94,444 | $3.9M | Add +1.9% |
| AVUS Avantis U.S. Equity ETF | 3.19% | 42,957 | $3.8M | Reduce -56.0% |
| VTI VG Morningstar TS MKT ETF-US | 3.17% | 14,718 | $3.8M | Reduce -1.2% |
| SPGP Invesco S&P 500 Garp ETF | 3.15% | 35,647 | $3.8M | Reduce -51.9% |
| JCPB JPMorgan Core Plus Bond ETF | 2.17% | 56,153 | $2.6M | Add +2.1% |
| ESGV Vanguard ESG US Stock ETF | 2.05% | 26,540 | $2.5M | Reduce -38.2% |
| IAU iShares Gold Trust | 1.68% | 48,111 | $2.0M | Add +27.6% |
| AVSU Avantis Resp US Equity ETF | 1.53% | 30,021 | $1.8M | Add +29.7% |
| NUDM Nuveen ESG Intl Devel MRK Eq | 1.49% | 57,802 | $1.8M | Add +6.8% |
| AVDE Avantis International Equity | 1.47% | 27,887 | $1.8M | Reduce -46.9% |
| IWF iShares Russell 1000 Growth | 1.38% | 4,921 | $1.7M | Add +2.8% |
| SCHD Schwab US DVD Equity ETF | 1.35% | 20,252 | $1.6M | Reduce -6.2% |
| NULG Nuveen ESG LRG-Cap GRW ETF | 1.18% | 18,677 | $1.4M | Add +19.1% |
| USTB Victoryshares Short-Term Bon | 1.13% | 27,362 | $1.4M | Reduce -3.7% |
| FSMD Fidelity Small-Mid Multifact | 1.11% | 34,371 | $1.3M | Add +490.5% |
| AVSE Avantis Resp Emerg MKTS Eq-E | 1.03% | 25,441 | $1.2M | Add +6.8% |
| AVSD Avantis Reps Intern Equi ETF | 0.99% | 21,020 | $1.2M | Add +5.4% |
| IHDG Wisdomtree International Hed | 0.97% | 25,390 | $1.2M | Reduce -1.8% |
| DFIV Dimensional International Va | 0.93% | 30,617 | $1.1M | Add +1.2% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.81% | 19,766 | $972K | Reduce -1.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.80% | 2,790 | $960K | Reduce -10.1% |
| XSVM Invesco S&P Smallcap Value W | 0.75% | 15,848 | $902K | Reduce -2.9% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.72% | 7,313 | $874K | Add +83.3% |
| AMZN Amazon.com Inc. | 0.71% | 4,768 | $860K | Reduce -5.4% |
| PAVE Global X US Infrastructure | 0.71% | 21,597 | $860K | Add +1.6% |
| XLV SS Health Care Select Sector | 0.68% | 5,516 | $815K | New |
| CLOI Vaneck Clo ETF | 0.67% | 15,347 | $811K | Add +116.5% |
| EELV Invesco S&P Emerging Markets | 0.61% | 30,736 | $734K | Reduce -26.5% |
| FVD First Trust Value Line DVD | 0.60% | 17,198 | $726K | Reduce -16.6% |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | 0.60% | 26,993 | $724K | Reduce -1.6% |
| ITOT iShares Core S&P Total U.S. | 0.60% | 6,274 | $723K | Add +3.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.60% | 3,161 | $723K | Reduce -11.2% |
| BNDX Vanguard Total Intl Bond ETF | 0.59% | 14,417 | $709K | Reduce -45.3% |
| USFR Wisdomtree Floating Rate Tre | 0.58% | 13,976 | $703K | Reduce -8.8% |
| HSCZ iShares Cur HDG MSCI Eafe SM | 0.56% | 21,465 | $676K | New |
| JMEE JPM Sma & Mid Cap En Eq Et-U filed as J P MORGAN EXCHANGE TRADED F | 0.55% | 11,412 | $668K | Reduce -7.3% |
| VIG Vanguard Dividend Apprec ETF | 0.55% | 3,643 | $665K | Reduce -7.2% |
| DFUS Dimensional US Eq MKT ETF | 0.55% | 11,600 | $661K | Reduce -1.1% |
| NULV Nuveen ESG Large-Cap Val ETF | 0.55% | 16,944 | $658K | Reduce -32.1% |
| IJR iShares Core S&P Small-Cap E | 0.52% | 5,645 | $624K | Reduce -11.7% |
| FRDM Freedom 100 Emeging MRKT ETF | 0.51% | 18,080 | $610K | Reduce -2.6% |
| SMH Vaneck Semiconductor ETF | 0.49% | 2,641 | $594K | Add +8.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.49% | 1,135 | $594K | Add +3.8% |
| LQDH iShares Int Hedg Corp. BD ETF | 0.49% | 6,239 | $587K | Add +22.6% |
| KIE SS SPDR S&P Insurance ETF | 0.46% | 10,625 | $553K | Add +18.0% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.43% | 12,223 | $520K | Reduce -2.0% |
| GDX Vaneck Gold Miners ETF | 0.39% | 14,815 | $468K | Add +0.7% |
| TCAF T Rowe PRC Cap Appreciation | 0.37% | 14,571 | $440K | Reduce -17.9% |
| EEMS iShares MSCI Emerging MKT SM | 0.36% | 7,453 | $439K | Add +4.8% |
| MINO PIMCO Municipal Income Oppor | 0.36% | 9,599 | $438K | Add +51.8% |
| MSFT Microsoft Corp. | 0.35% | 1,009 | $424K | Reduce -28.7% |
| VRIG Invesco Variable Rate Invest | 0.35% | 16,764 | $421K | Reduce -6.7% |
| DFSB Dim GLB Sustain Fix Inc. ETF | 0.34% | 7,805 | $404K | New |
| AAPL Apple Inc. | 0.33% | 2,328 | $399K | Reduce -78.9% |
| DXJ Wisdomtree Japan Hedged Eq | 0.29% | 3,235 | $351K | Add +14.1% |
| HTAB Hartford Schroders Tax Aware | 0.29% | 17,802 | $349K | Add +3.3% |
| HYGH iShares Int Rate Hedg HY ETF | 0.29% | 4,054 | $348K | Add +3.3% |
| PID Invesco International Divide | 0.29% | 18,685 | $346K | Reduce -23.2% |
| UUP Invesco DB US Dollar Index B | 0.28% | 12,026 | $341K | Reduce -35.1% |
| EMNT PIMCO Enhcd St M-Active ESG | 0.28% | 3,376 | $333K | Add +6.1% |
| DFIS Dimensional International SM | 0.25% | 12,260 | $307K | Reduce -66.5% |
| USMV iShares MSCI USA Min Vol Fac | 0.25% | 3,666 | $306K | Reduce -11.6% |
| NVDA Nvidia Corp. | 0.23% | 306 | $276K | New |
| MUB iShares National Muni Bond E | 0.23% | 2,536 | $273K | Reduce -9.9% |
| ESGU iShares ESG Aware MSCI USA | 0.21% | 2,254 | $259K | Reduce -1.1% |
| DGS Wisdomtree Em Small Cap | 0.21% | 4,981 | $253K | Reduce -3.6% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.21% | 4,350 | $250K | Reduce -71.6% |
| IJH iShares Core S&P Midcap ETF | 0.21% | 4,109 | $250K | Reduce -5.1% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.18% | 3,469 | $223K | New |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.17% | 4,868 | $208K | New |
Portfolio Sells Q4 2023 → Q1 2024
| AVUS Avantis U.S. Equity ETF | Reduce -56.0% | 3.19% | −2.65 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −2.38 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -51.9% | 3.15% | −2.18 |
| AAPL Apple Inc. | Reduce -78.9% | 0.33% | −1.23 |
| DFCF Dimensional Core Fixed Inc. | Sold out | 0.00% | −1.03 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.93 |
| AVDE Avantis International Equity | Reduce -46.9% | 1.47% | −0.85 |
| AVEM Avantis Emerging Markets Eq | Sold out | 0.00% | −0.71 |
| ESGV Vanguard ESG US Stock ETF | Reduce -38.2% | 2.05% | −0.63 |
| ESML iShares ESG Aware MSCI USA S | Sold out | 0.00% | −0.56 |
| DFAS Dimensional US Small Cap ETF | Sold out | 0.00% | −0.52 |
| PYLD PIMCO Multisector Bond Actv | Sold out | 0.00% | −0.51 |
| STIP iShares 0-5 Year Tips Bond E | Sold out | 0.00% | −0.50 |
| VTEB Vanguard Tax-Exempt Bond ETF | Sold out | 0.00% | −0.45 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -71.6% | 0.21% | −0.42 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.41 |
| TGT Target Corp. | Sold out | 0.00% | −0.40 |
| DFIS Dimensional International SM | Reduce -66.5% | 0.25% | −0.39 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -45.3% | 0.59% | −0.37 |
| OMFL Invesco Russell 1000 DYN M/F | Sold out | 0.00% | −0.30 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -18.9% | 6.98% | −0.22 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Sold out | 0.00% | −0.21 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.19 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.18 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.16 |
| EELV Invesco S&P Emerging Markets | Reduce -26.5% | 0.61% | −0.13 |
| NULV Nuveen ESG Large-Cap Val ETF | Reduce -32.1% | 0.55% | −0.11 |
| UUP Invesco DB US Dollar Index B | Reduce -35.1% | 0.28% | −0.09 |
| PID Invesco International Divide | Reduce -23.2% | 0.29% | −0.04 |
| MSFT Microsoft Corp. | Reduce -28.7% | 0.35% | −0.04 |
| FVD First Trust Value Line DVD | Reduce -16.6% | 0.60% | −0.01 |
| MUB iShares National Muni Bond E | Reduce -9.9% | 0.23% | +0.00 |
| TCAF T Rowe PRC Cap Appreciation | Reduce -17.9% | 0.37% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -11.7% | 0.52% | +0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -11.6% | 0.25% | +0.02 |
| USFR Wisdomtree Floating Rate Tre | Reduce -8.8% | 0.58% | +0.02 |
| VRIG Invesco Variable Rate Invest | Reduce -6.7% | 0.35% | +0.02 |
| DGS Wisdomtree Em Small Cap | Reduce -3.6% | 0.21% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -5.1% | 0.21% | +0.03 |
| ESGU iShares ESG Aware MSCI USA | Reduce -1.1% | 0.21% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -11.2% | 0.60% | +0.04 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -2.0% | 0.43% | +0.04 |
| FRDM Freedom 100 Emeging MRKT ETF | Reduce -2.6% | 0.51% | +0.06 |
| VIG Vanguard Dividend Apprec ETF | Reduce -7.2% | 0.55% | +0.06 |
| JMEE JPM Sma & Mid Cap En Eq Et-U | Reduce -7.3% | 0.55% | +0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -10.1% | 0.80% | +0.09 |
| USTB Victoryshares Short-Term Bon | Reduce -3.7% | 1.13% | +0.10 |
| XSVM Invesco S&P Smallcap Value W | Reduce -2.9% | 0.75% | +0.10 |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | Reduce -1.6% | 0.60% | +0.10 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -1.1% | 0.81% | +0.10 |
Portfolio Buys Q4 2023 → Q1 2024
| QUAL iShares MSCI USA Quality Fac | Add +73.9% | 4.70% | +2.56 |
| FSMD Fidelity Small-Mid Multifact | Add +490.5% | 1.11% | +0.95 |
| DBEF Xtrackers MSCI Eafe Hedged E | Add +1.9% | 3.20% | +0.69 |
| XLV SS Health Care Select Sector | New | 0.68% | +0.68 |
| IAU iShares Gold Trust | Add +27.6% | 1.68% | +0.60 |
| AVSU Avantis Resp US Equity ETF | Add +29.7% | 1.53% | +0.57 |
| HSCZ iShares Cur HDG MSCI Eafe SM | New | 0.56% | +0.56 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Add +83.3% | 0.72% | +0.40 |
| CLOI Vaneck Clo ETF | Add +116.5% | 0.67% | +0.40 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Add +19.1% | 1.18% | +0.38 |
| DFSB Dim GLB Sustain Fix Inc. ETF | New | 0.34% | +0.34 |
| NUDM Nuveen ESG Intl Devel MRK Eq | Add +6.8% | 1.49% | +0.32 |
| IWF iShares Russell 1000 Growth | Add +2.8% | 1.38% | +0.31 |
| JCPB JPMorgan Core Plus Bond ETF | Add +2.1% | 2.17% | +0.27 |
| NVDA Nvidia Corp. | New | 0.23% | +0.23 |
| AVSD Avantis Reps Intern Equi ETF | Add +5.4% | 0.99% | +0.20 |
| AVSE Avantis Resp Emerg MKTS Eq-E | Add +6.8% | 1.03% | +0.20 |
| SPTM SS SPDR P S&P 1500 Comp ETF | New | 0.18% | +0.18 |
| SMH Vaneck Semiconductor ETF | Add +8.7% | 0.49% | +0.18 |
| PAVE Global X US Infrastructure | Add +1.6% | 0.71% | +0.17 |
| SPYX SS SPDR S&P 500 Foss FL ETF | New | 0.17% | +0.17 |
| DFIV Dimensional International Va | Add +1.2% | 0.93% | +0.17 |
| KIE SS SPDR S&P Insurance ETF | Add +18.0% | 0.46% | +0.16 |
| MINO PIMCO Municipal Income Oppor | Add +51.8% | 0.36% | +0.15 |
| LQDH iShares Int Hedg Corp. BD ETF | Add +22.6% | 0.49% | +0.14 |
| ITOT iShares Core S&P Total U.S. | Add +3.4% | 0.60% | +0.13 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.8% | 0.49% | +0.11 |
| DXJ Wisdomtree Japan Hedged Eq | Add +14.1% | 0.29% | +0.11 |
| EEMS iShares MSCI Emerging MKT SM | Add +4.8% | 0.36% | +0.06 |
| GDX Vaneck Gold Miners ETF | Add +0.7% | 0.39% | +0.05 |
| EMNT PIMCO Enhcd St M-Active ESG | Add +6.1% | 0.28% | +0.05 |
| HYGH iShares Int Rate Hedg HY ETF | Add +3.3% | 0.29% | +0.05 |
| HTAB Hartford Schroders Tax Aware | Add +3.3% | 0.29% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 107 | $244.2M | IVV, PVAL, QQQM, DFIV, JCPB |
| Q1 2026 | 102 | $204.1M | IVV, PVAL, JCPB, DFIV, QQQM |
| Q4 2025 | 95 | $181.7M | IVV, PVAL, JCPB, QQQ, DFIV |
| Q3 2025 | 94 | $171.8M | IVV, QQQ, JCPB, DFIV, PVAL |
| Q2 2025 | 88 | $163.5M | IVV, QQQ, MGV, JCPB, JPST |
| Q1 2025 | 87 | $131.1M | IVV, QQQ, JPST, COWZ, MGV |
| Q4 2024 | 90 | $125.9M | IVV, QQQ, COWZ, JPST, VTI |
| Q3 2024 | 93 | $126.1M | IVV, COWZ, QQQ, JPST, QUAL |
| Q2 2024 | 86 | $122.8M | IVV, COWZ, MOAT, JPST, QQQ |
| Q1 2024 | 76 | $120.6M | IVV, COWZ, MOAT, JPST, QQQ |