Trademark Financial Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 31, 2024), Trademark Financial Management, LLC reported 93 stock positions worth $126.1 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 14.3% of the portfolio, followed by Pacer US Cash Cows 100 ETF (COWZ, 5.9%) and Invesco QQQ Trust Series 1 (QQQ, 5.8%). Compared with Q2 2024, it opened 16 new positions, sold out of 9, added to 30 and reduced 43. The biggest buy was Vngrd Mrgstr MG CP VL ETF-Ui (MGV, shares +85%) and the biggest sale Vaneck Morningstar Wide Moat (MOAT, shares −46%).
- Most Recent 13F
- Q2 2026
- Location
- Bloomington, MN
- CIK
- 0002011736
- Portfolio Value
- $126.1M (Q3 2024)
- SEC Filing
- 0002011736-24-000003 ↗ filed Oct 31, 2024
Holdings Value
Holdings 93 stocks · $126.1M
| IVV iShares Core S&P 500 ETF | 14.32% | 31,305 | $18.1M | Add +5.3% |
| COWZ Pacer US Cash Cows 100 ETF | 5.90% | 128,560 | $7.4M | Reduce -10.3% |
| QQQ Invesco QQQ Trust Series 1 | 5.84% | 15,093 | $7.4M | Reduce -2.9% |
| JPST JPMorgan Ultra-Short Income | 5.80% | 144,043 | $7.3M | Reduce -2.4% |
| QUAL iShares MSCI USA Quality Fac | 4.79% | 33,699 | $6.0M | Reduce -7.3% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 4.04% | 39,723 | $5.1M | Add +84.7% |
| MOAT Vaneck Morningstar Wide Moat | 3.61% | 46,992 | $4.6M | Reduce -45.7% |
| VTI VG Morningstar TS MKT ETF-US | 3.54% | 15,766 | $4.5M | Add +7.3% |
| AVUS Avantis U.S. Equity ETF | 2.81% | 37,234 | $3.5M | Reduce -11.8% |
| DBEF Xtrackers MSCI Eafe Hedged E | 2.42% | 72,569 | $3.0M | Reduce -8.0% |
| JCPB JPMorgan Core Plus Bond ETF | 2.34% | 61,105 | $2.9M | Add +5.0% |
| IAU iShares Gold Trust | 2.08% | 52,665 | $2.6M | Add +4.1% |
| ESGV Vanguard ESG US Stock ETF | 2.07% | 25,732 | $2.6M | Reduce -1.9% |
| IWF iShares Russell 1000 Growth | 1.67% | 5,617 | $2.1M | Add +13.6% |
| AVSU Avantis Resp US Equity ETF | 1.54% | 29,828 | $1.9M | Add +0.8% |
| NUDM Nuveen ESG Intl Devel MRK Eq | 1.53% | 57,173 | $1.9M | Add +0.4% |
| EDIV State Street SPDR S&P Emergi | 1.26% | 42,120 | $1.6M | New |
| NULG Nuveen ESG LRG-Cap GRW ETF | 1.21% | 18,460 | $1.5M | Add +0.7% |
| DFIV Dimensional International Va | 1.18% | 39,107 | $1.5M | Add +25.3% |
| IHDG Wisdomtree International Hed | 1.16% | 31,868 | $1.5M | Reduce -11.8% |
| AVSE Avantis Resp Emerg MKTS Eq-E | 1.10% | 25,079 | $1.4M | Add +0.4% |
| LVHI Franklin International Low V | 1.02% | 41,261 | $1.3M | Add +19.3% |
| CLOI Vaneck Clo ETF | 1.01% | 23,980 | $1.3M | Add +7.8% |
| AVSD Avantis Reps Intern Equi ETF | 1.01% | 20,968 | $1.3M | Add +1.2% |
| FSMD Fidelity Small-Mid Multifact | 1.00% | 30,385 | $1.3M | Reduce -13.8% |
| MSFT Microsoft Corp. | 0.88% | 2,591 | $1.1M | Add +14.3% |
| USRT iShares Core US REIT ETF | 0.83% | 16,924 | $1.0M | New |
| USTB Victoryshares Short-Term Bon | 0.81% | 20,191 | $1.0M | Add +16.3% |
| AMZN Amazon.com Inc. | 0.78% | 5,272 | $982K | Reduce -8.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.75% | 2,471 | $949K | Reduce -6.0% |
| AVDE Avantis International Equity | 0.71% | 13,327 | $893K | Reduce -7.0% |
| SDY SS SPDR S&P Dividend ETF | 0.68% | 5,993 | $851K | New |
| GDX Vaneck Gold Miners ETF | 0.62% | 19,487 | $776K | Add +3.1% |
| USFR Wisdomtree Floating Rate Tre | 0.58% | 14,677 | $737K | Reduce -6.8% |
| NULV Nuveen ESG Large-Cap Val ETF | 0.58% | 17,527 | $731K | Add +4.6% |
| VIG Vanguard Dividend Apprec ETF | 0.57% | 3,659 | $725K | Add +5.6% |
| ITOT iShares Core S&P Total U.S. | 0.57% | 5,767 | $724K | Reduce -7.3% |
| DFUS Dimensional US Eq MKT ETF | 0.57% | 11,600 | $722K | No change |
| COST Costco Wholesale Corp. | 0.57% | 810 | $718K | Reduce -5.6% |
| XLV SS Health Care Select Sector | 0.56% | 4,561 | $702K | Reduce -16.5% |
| FVD First Trust Value Line DVD | 0.54% | 14,858 | $676K | Reduce -3.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.53% | 1,172 | $672K | Add +2.8% |
| HSCZ iShares Cur HDG MSCI Eafe SM | 0.53% | 20,555 | $672K | Reduce -3.4% |
| MINO PIMCO Municipal Income Oppor | 0.51% | 13,909 | $642K | Add +11.2% |
| PXH Inves Rafi Emer MRKT-Usd Inc. | 0.50% | 28,645 | $629K | New |
| SMH Vaneck Semiconductor ETF | 0.47% | 2,390 | $587K | Reduce -12.5% |
| TCAF T Rowe PRC Cap Appreciation | 0.45% | 17,071 | $568K | Add +24.1% |
| VRIG Invesco Variable Rate Invest | 0.43% | 21,745 | $545K | Add +3.8% |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.43% | 19,703 | $545K | Reduce -27.0% |
| IYF iShares US Financials ETF | 0.42% | 5,065 | $526K | New |
| IJR iShares Core S&P Small-Cap E | 0.41% | 4,430 | $518K | Reduce -2.3% |
| AAPL Apple Inc. | 0.40% | 2,144 | $500K | Reduce -6.2% |
| GSC Goldman Sachs Small Cap Equi | 0.38% | 8,971 | $475K | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.37% | 1,970 | $467K | Reduce -29.6% |
| GRID First TRST Nasd Class Edg Sgiif | 0.37% | 3,661 | $466K | New |
| JMEE JPM Sma & Mid Cap En Eq Et-U filed as J P MORGAN EXCHANGE TRADED F | 0.36% | 7,512 | $458K | Reduce -18.0% |
| AVEM Avantis Emerging Markets Eq | 0.36% | 7,056 | $456K | Reduce -22.9% |
| FRDM Freedom 100 Emeging MRKT ETF | 0.35% | 12,508 | $448K | Reduce -28.9% |
| DFSB Dim GLB Sustain Fix Inc. ETF | 0.35% | 8,267 | $440K | Add +7.7% |
| EPI Wisdomtree India Earnings | 0.32% | 7,954 | $401K | New |
| CGMS Cap Group US Multi-Sect Bond | 0.32% | 14,381 | $400K | New |
| NVDA Nvidia Corp. | 0.30% | 3,139 | $381K | Add +0.6% |
| FBND Fidelity Total Bond ETF | 0.29% | 7,879 | $368K | New |
| HYEM Vaneck Emrg MKTS Hi YLD | 0.29% | 18,284 | $364K | New |
| EEMS iShares MSCI Emerging MKT SM | 0.29% | 5,635 | $359K | Reduce -4.2% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.27% | 7,280 | $344K | No change |
| EMNT PIMCO Enhcd St M-Active ESG | 0.27% | 3,408 | $337K | Add +2.2% |
| STIP iShares 0-5 Year Tips Bond E | 0.26% | 3,295 | $334K | New |
| SCHD Schwab US DVD Equity ETF | 0.26% | 3,852 | $326K | Reduce -9.4% |
| IJH iShares Core S&P Midcap ETF | 0.26% | 5,166 | $322K | Add +27.7% |
| XOM Exxon Mobil Corp. | 0.25% | 2,668 | $313K | No change |
| PWRD TCW Transform Systems ETF | 0.23% | 4,006 | $296K | Reduce -21.9% |
| LQDH iShares Int Hedg Corp. BD ETF | 0.23% | 3,180 | $296K | Reduce -54.0% |
| OUSM Alps Oshares US Small-Cap Qu | 0.23% | 6,535 | $295K | New |
| ESGU iShares ESG Aware MSCI USA | 0.23% | 2,248 | $284K | No change |
| BNDX Vanguard Total Intl Bond ETF | 0.21% | 5,386 | $271K | Reduce -45.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.21% | 2,920 | $267K | Add +0.6% |
| HTAB Hartford Schroders Tax Aware | 0.20% | 12,631 | $250K | Reduce -29.2% |
| OKE Oneok Inc. | 0.20% | 2,708 | $247K | Reduce -8.0% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.19% | 3,453 | $242K | Reduce -0.6% |
| KIE SS SPDR S&P Insurance ETF | 0.19% | 4,222 | $240K | Reduce -56.9% |
| UNH Unitedhealth Group Inc. | 0.19% | 405 | $237K | Reduce -4.0% |
| PG The Procter & Gamble Co. | 0.19% | 1,362 | $236K | Add +9.0% |
| WFC Wells Fargo & Co. | 0.17% | 3,813 | $215K | New |
| DFIS Dimensional International SM | 0.17% | 7,862 | $211K | Reduce -37.7% |
| MUB iShares National Muni Bond E | 0.17% | 1,932 | $210K | Reduce -18.5% |
| IWY iShares Russell Top 200 Grow | 0.17% | 950 | $209K | Add +0.4% |
| NZF Nuveen Municipal Credit Inc. | 0.17% | 15,900 | $208K | Reduce -7.6% |
| DFSU Dimensional US Sus CORE1 ETF | 0.17% | 5,595 | $208K | New |
| HYGH iShares Int Rate Hedg HY ETF | 0.16% | 2,368 | $204K | Reduce -54.6% |
| DGS Wisdomtree Em Small Cap | 0.16% | 3,796 | $204K | Reduce -4.0% |
| RUNN Running Oak Efficient GR ETF | 0.16% | 6,057 | $202K | New |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.16% | 3,295 | $201K | Reduce -18.8% |
Portfolio Sells Q2 2024 → Q3 2024
| MOAT Vaneck Morningstar Wide Moat | Reduce -45.7% | 3.61% | −2.49 |
| SPGP Invesco S&P 500 Garp ETF | Sold out | 0.00% | −2.24 |
| XSVM Invesco S&P Smallcap Value W | Sold out | 0.00% | −0.67 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -10.3% | 5.90% | −0.46 |
| PAVE Global X US Infrastructure | Sold out | 0.00% | −0.45 |
| UUP Invesco DB US Dollar Index B | Sold out | 0.00% | −0.45 |
| EYLD Cambria Emerg Shrhldr Yield | Sold out | 0.00% | −0.42 |
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −0.37 |
| DSMC Distillate S/M Cash Flow ETF | Sold out | 0.00% | −0.35 |
| LQDH iShares Int Hedg Corp. BD ETF | Reduce -54.0% | 0.23% | −0.29 |
| AVUS Avantis U.S. Equity ETF | Reduce -11.8% | 2.81% | −0.29 |
| JPST JPMorgan Ultra-Short Income | Reduce -2.4% | 5.80% | −0.27 |
| QUAL iShares MSCI USA Quality Fac | Reduce -7.3% | 4.79% | −0.26 |
| DBEF Xtrackers MSCI Eafe Hedged E | Reduce -8.0% | 2.42% | −0.24 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.9% | 5.84% | −0.22 |
| KIE SS SPDR S&P Insurance ETF | Reduce -56.9% | 0.19% | −0.21 |
| HYGH iShares Int Rate Hedg HY ETF | Reduce -54.6% | 0.16% | −0.20 |
| JPIB JPMorgan Intl BND ETF | Sold out | 0.00% | −0.20 |
| FYLD Cambria Foreign Shareholder | Sold out | 0.00% | −0.19 |
| IHDG Wisdomtree International Hed | Reduce -11.8% | 1.16% | −0.19 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -45.1% | 0.21% | −0.17 |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | Reduce -27.0% | 0.43% | −0.15 |
| FRDM Freedom 100 Emeging MRKT ETF | Reduce -28.9% | 0.35% | −0.15 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -29.6% | 0.37% | −0.13 |
| AMZN Amazon.com Inc. | Reduce -8.1% | 0.78% | −0.12 |
| SMH Vaneck Semiconductor ETF | Reduce -12.5% | 0.47% | −0.11 |
| AVEM Avantis Emerging Markets Eq | Reduce -22.9% | 0.36% | −0.09 |
| XLV SS Health Care Select Sector | Reduce -16.5% | 0.56% | −0.09 |
| DFIS Dimensional International SM | Reduce -37.7% | 0.17% | −0.09 |
| FSMD Fidelity Small-Mid Multifact | Reduce -13.8% | 1.00% | −0.08 |
| HTAB Hartford Schroders Tax Aware | Reduce -29.2% | 0.20% | −0.08 |
| USFR Wisdomtree Floating Rate Tre | Reduce -6.8% | 0.58% | −0.06 |
| JMEE JPM Sma & Mid Cap En Eq Et-U | Reduce -18.0% | 0.36% | −0.06 |
| PWRD TCW Transform Systems ETF | Reduce -21.9% | 0.23% | −0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -6.0% | 0.75% | −0.05 |
| MUB iShares National Muni Bond E | Reduce -18.5% | 0.17% | −0.04 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -18.8% | 0.16% | −0.04 |
| ITOT iShares Core S&P Total U.S. | Reduce -7.3% | 0.57% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -5.6% | 0.57% | −0.02 |
| HSCZ iShares Cur HDG MSCI Eafe SM | Reduce -3.4% | 0.53% | −0.02 |
| AVDE Avantis International Equity | Reduce -7.0% | 0.71% | −0.02 |
| SCHD Schwab US DVD Equity ETF | Reduce -9.4% | 0.26% | −0.01 |
| NZF Nuveen Municipal Credit Inc. | Reduce -7.6% | 0.17% | −0.01 |
| EEMS iShares MSCI Emerging MKT SM | Reduce -4.2% | 0.29% | −0.01 |
| DGS Wisdomtree Em Small Cap | Reduce -4.0% | 0.16% | −0.00 |
| OKE Oneok Inc. | Reduce -8.0% | 0.20% | +0.00 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -0.6% | 0.19% | +0.00 |
| AAPL Apple Inc. | Reduce -6.2% | 0.40% | +0.00 |
| ESGV Vanguard ESG US Stock ETF | Reduce -1.9% | 2.07% | +0.01 |
| UNH Unitedhealth Group Inc. | Reduce -4.0% | 0.19% | +0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Add +84.7% | 4.04% | +1.97 |
| EDIV State Street SPDR S&P Emergi | New | 1.26% | +1.26 |
| IVV iShares Core S&P 500 ETF | Add +5.3% | 14.32% | +1.07 |
| USRT iShares Core US REIT ETF | New | 0.83% | +0.83 |
| SDY SS SPDR S&P Dividend ETF | New | 0.68% | +0.68 |
| PXH Inves Rafi Emer MRKT-Usd Inc. | New | 0.50% | +0.50 |
| IYF iShares US Financials ETF | New | 0.42% | +0.42 |
| GSC Goldman Sachs Small Cap Equi | New | 0.38% | +0.38 |
| GRID First TRST Nasd Class Edg Sgiif | New | 0.37% | +0.37 |
| VTI VG Morningstar TS MKT ETF-US | Add +7.3% | 3.54% | +0.34 |
| EPI Wisdomtree India Earnings | New | 0.32% | +0.32 |
| CGMS Cap Group US Multi-Sect Bond | New | 0.32% | +0.32 |
| FBND Fidelity Total Bond ETF | New | 0.29% | +0.29 |
| HYEM Vaneck Emrg MKTS Hi YLD | New | 0.29% | +0.29 |
| DFIV Dimensional International Va | Add +25.3% | 1.18% | +0.27 |
| IAU iShares Gold Trust | Add +4.1% | 2.08% | +0.27 |
| STIP iShares 0-5 Year Tips Bond E | New | 0.26% | +0.26 |
| OUSM Alps Oshares US Small-Cap Qu | New | 0.23% | +0.23 |
| IWF iShares Russell 1000 Growth | Add +13.6% | 1.67% | +0.21 |
| LVHI Franklin International Low V | Add +19.3% | 1.02% | +0.18 |
| WFC Wells Fargo & Co. | New | 0.17% | +0.17 |
| DFSU Dimensional US Sus CORE1 ETF | New | 0.17% | +0.17 |
| RUNN Running Oak Efficient GR ETF | New | 0.16% | +0.16 |
| JCPB JPMorgan Core Plus Bond ETF | Add +5.0% | 2.34% | +0.14 |
| USTB Victoryshares Short-Term Bon | Add +16.3% | 0.81% | +0.11 |
| TCAF T Rowe PRC Cap Appreciation | Add +24.1% | 0.45% | +0.10 |
| GDX Vaneck Gold Miners ETF | Add +3.1% | 0.62% | +0.09 |
| NUDM Nuveen ESG Intl Devel MRK Eq | Add +0.4% | 1.53% | +0.08 |
| AVSD Avantis Reps Intern Equi ETF | Add +1.2% | 1.01% | +0.07 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +4.6% | 0.58% | +0.06 |
| IJH iShares Core S&P Midcap ETF | Add +27.7% | 0.26% | +0.06 |
| VIG Vanguard Dividend Apprec ETF | Add +5.6% | 0.57% | +0.06 |
| MSFT Microsoft Corp. | Add +14.3% | 0.88% | +0.06 |
| AVSU Avantis Resp US Equity ETF | Add +0.8% | 1.54% | +0.06 |
| CLOI Vaneck Clo ETF | Add +7.8% | 1.01% | +0.05 |
| AVSE Avantis Resp Emerg MKTS Eq-E | Add +0.4% | 1.10% | +0.05 |
| MINO PIMCO Municipal Income Oppor | Add +11.2% | 0.51% | +0.05 |
| DFSB Dim GLB Sustain Fix Inc. ETF | Add +7.7% | 0.35% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.8% | 0.53% | +0.03 |
| PG The Procter & Gamble Co. | Add +9.0% | 0.19% | +0.02 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.6% | 0.21% | +0.01 |
| VRIG Invesco Variable Rate Invest | Add +3.8% | 0.43% | +0.00 |
| IWY iShares Russell Top 200 Grow | Add +0.4% | 0.17% | +0.00 |
| EMNT PIMCO Enhcd St M-Active ESG | Add +2.2% | 0.27% | −0.00 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Add +0.7% | 1.21% | −0.00 |
| NVDA Nvidia Corp. | Add +0.6% | 0.30% | −0.01 |
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 |