Trademark Financial Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Trademark Financial Management, LLC reported 90 stock positions worth $125.9 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 14.5% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 6.2%) and Pacer US Cash Cows 100 ETF (COWZ, 6.0%). Compared with Q3 2024, it opened 10 new positions, sold out of 13, added to 38 and reduced 38. The biggest buy was a new position in Pacer US LRG Cap Cows GR LD (COWG) and the biggest sale iShares MSCI USA Quality Fac (QUAL, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- Bloomington, MN
- CIK
- 0002011736
- Portfolio Value
- $125.9M (Q4 2024)
- SEC Filing
- 0001667731-25-000176 ↗ filed Jan 30, 2025
Holdings Value
Holdings 90 stocks · $125.9M
| IVV iShares Core S&P 500 ETF | 14.50% | 31,008 | $18.3M | Reduce -0.9% |
| QQQ Invesco QQQ Trust Series 1 | 6.22% | 15,319 | $7.8M | Add +1.5% |
| COWZ Pacer US Cash Cows 100 ETF | 5.96% | 132,836 | $7.5M | Add +3.3% |
| JPST JPMorgan Ultra-Short Income | 5.10% | 127,412 | $6.4M | Reduce -11.6% |
| VTI VG Morningstar TS MKT ETF-US | 3.67% | 15,941 | $4.6M | Add +1.1% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 3.37% | 34,002 | $4.2M | Reduce -14.4% |
| DBEF Xtrackers MSCI Eafe Hedged E | 3.24% | 98,609 | $4.1M | Add +35.9% |
| ESGV Vanguard ESG US Stock ETF | 3.11% | 37,369 | $3.9M | Add +45.2% |
| CLOI Vaneck Clo ETF | 2.96% | 70,523 | $3.7M | Add +194.1% |
| AVSU Avantis Resp US Equity ETF | 2.49% | 47,339 | $3.1M | Add +58.7% |
| QUAL iShares MSCI USA Quality Fac | 2.26% | 15,961 | $2.8M | Reduce -52.6% |
| EDIV State Street SPDR S&P Emergi | 2.25% | 80,256 | $2.8M | Add +90.5% |
| IAU iShares Gold Trust | 2.07% | 52,538 | $2.6M | Reduce -0.2% |
| JCPB JPMorgan Core Plus Bond ETF | 2.05% | 56,060 | $2.6M | Reduce -8.3% |
| COWG Pacer US LRG Cap Cows GR LD | 2.03% | 79,775 | $2.6M | New |
| AVUS Avantis U.S. Equity ETF | 1.92% | 24,990 | $2.4M | Reduce -32.9% |
| IWF iShares Russell 1000 Growth | 1.92% | 6,016 | $2.4M | Add +7.1% |
| FSMD Fidelity Small-Mid Multifact | 1.75% | 53,599 | $2.2M | Add +76.4% |
| MOAT Vaneck Morningstar Wide Moat | 1.63% | 22,082 | $2.0M | Reduce -53.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.31% | 23,920 | $1.6M | New |
| AVSD Avantis Reps Intern Equi ETF | 1.11% | 25,025 | $1.4M | Add +19.4% |
| MSFT Microsoft Corp. | 1.09% | 3,259 | $1.4M | Add +25.8% |
| LVHI Franklin International Low V | 1.01% | 41,839 | $1.3M | Add +1.4% |
| NULG Nuveen ESG LRG-Cap GRW ETF | 0.97% | 14,198 | $1.2M | Reduce -23.1% |
| AMZN Amazon.com Inc. | 0.92% | 5,257 | $1.2M | Reduce -0.3% |
| TSME Thrivent SML-MDC Eq ETF-US I | 0.90% | 30,849 | $1.1M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.89% | 1,905 | $1.1M | Add +62.5% |
| NULV Nuveen ESG Large-Cap Val ETF | 0.86% | 27,466 | $1.1M | Add +56.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.80% | 2,439 | $1.0M | Reduce -1.3% |
| HYGH iShares Int Rate Hedg HY ETF | 0.68% | 9,936 | $858K | Add +319.6% |
| MINO PIMCO Municipal Income Oppor | 0.63% | 17,498 | $788K | Add +25.8% |
| GDX Vaneck Gold Miners ETF | 0.60% | 22,123 | $750K | Add +13.5% |
| VIG Vanguard Dividend Apprec ETF | 0.59% | 3,822 | $748K | Add +4.5% |
| USFR Wisdomtree Floating Rate Tre | 0.59% | 14,730 | $741K | Add +0.4% |
| DFUS Dimensional US Eq MKT ETF | 0.59% | 11,600 | $740K | No change |
| IHDG Wisdomtree International Hed | 0.59% | 16,957 | $737K | Reduce -46.8% |
| COST Costco Wholesale Corp. | 0.56% | 765 | $701K | Reduce -5.6% |
| USTB Victoryshares Short-Term Bon | 0.54% | 13,476 | $677K | Reduce -33.3% |
| IYF iShares US Financials ETF | 0.52% | 5,925 | $655K | Add +17.0% |
| EPI Wisdomtree India Earnings | 0.52% | 14,362 | $650K | Add +80.6% |
| USRT iShares Core US REIT ETF | 0.51% | 11,203 | $642K | Reduce -33.8% |
| USAI Pacer Ame Energy Infr ETF-US | 0.51% | 16,043 | $638K | New |
| ITOT iShares Core S&P Total U.S. | 0.50% | 4,872 | $627K | Reduce -15.5% |
| FVD First Trust Value Line DVD | 0.49% | 14,199 | $620K | Reduce -4.4% |
| TCAF T Rowe PRC Cap Appreciation | 0.48% | 17,983 | $598K | Add +5.3% |
| CWS Advisorshares Equity Focused | 0.47% | 9,232 | $598K | New |
| VRIG Invesco Variable Rate Invest | 0.43% | 21,665 | $544K | Reduce -0.4% |
| AAPL Apple Inc. | 0.41% | 2,086 | $522K | Reduce -2.7% |
| IGHG Proshares Ig Hedged | 0.41% | 6,656 | $520K | New |
| SDY SS SPDR S&P Dividend ETF | 0.41% | 3,919 | $518K | Reduce -34.6% |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.40% | 19,260 | $502K | Reduce -2.3% |
| DFIV Dimensional International Va | 0.40% | 14,086 | $500K | Reduce -64.0% |
| STIP iShares 0-5 Year Tips Bond E | 0.40% | 4,948 | $498K | Add +50.2% |
| GSC Goldman Sachs Small Cap Equi | 0.39% | 9,660 | $495K | Add +7.7% |
| IJR iShares Core S&P Small-Cap E | 0.38% | 4,134 | $476K | Reduce -6.7% |
| EVTR Eaton Vance Total Return | 0.38% | 9,530 | $475K | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.35% | 1,830 | $440K | Reduce -7.1% |
| IDMO Invesco S&P International DE | 0.34% | 10,530 | $428K | New |
| NVDA Nvidia Corp. | 0.34% | 3,158 | $424K | Add +0.6% |
| AVDE Avantis International Equity | 0.33% | 6,866 | $421K | Reduce -48.5% |
| SCHD Schwab US DVD Equity ETF | 0.32% | 14,943 | $408K | Add +29.3% |
| FRDM Freedom 100 Emeging MRKT ETF | 0.31% | 11,835 | $387K | Reduce -5.4% |
| CGMS Cap Group US Multi-Sect Bond | 0.31% | 14,129 | $385K | Reduce -1.8% |
| GRID First TRST Nasd Class Edg Sgiif | 0.29% | 3,098 | $370K | Reduce -15.4% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.29% | 7,677 | $370K | Add +5.5% |
| AVSE Avantis Resp Emerg MKTS Eq-E | 0.29% | 7,164 | $361K | Reduce -71.4% |
| HYEM Vaneck Emrg MKTS Hi YLD | 0.28% | 18,226 | $355K | Reduce -0.3% |
| EMNT PIMCO Enhcd St M-Active ESG | 0.28% | 3,572 | $352K | Add +4.8% |
| OUSM Alps Oshares US Small-Cap Qu | 0.27% | 7,892 | $345K | Add +20.8% |
| IJH iShares Core S&P Midcap ETF | 0.26% | 5,217 | $325K | Add +1.0% |
| FBND Fidelity Total Bond ETF | 0.26% | 7,203 | $323K | Reduce -8.6% |
| XOM Exxon Mobil Corp. | 0.25% | 2,894 | $311K | Add +8.5% |
| PWRD TCW Transform Systems ETF | 0.24% | 4,155 | $302K | Add +3.7% |
| LQDH iShares Int Hedg Corp. BD ETF | 0.24% | 3,248 | $301K | Add +2.1% |
| ESGU iShares ESG Aware MSCI USA | 0.23% | 2,248 | $290K | No change |
| EEMS iShares MSCI Emerging MKT SM | 0.22% | 4,703 | $273K | Reduce -16.5% |
| PG The Procter & Gamble Co. | 0.22% | 1,626 | $273K | Add +19.4% |
| OKE Oneok Inc. | 0.22% | 2,708 | $272K | No change |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.21% | 3,690 | $264K | Add +6.9% |
| USMV iShares MSCI USA Min Vol Fac | 0.21% | 2,946 | $262K | Add +0.9% |
| RUNN Running Oak Efficient GR ETF | 0.20% | 7,873 | $258K | Add +30.0% |
| BNDX Vanguard Total Intl Bond ETF | 0.20% | 5,039 | $247K | Reduce -6.4% |
| KIE SS SPDR S&P Insurance ETF | 0.18% | 4,111 | $232K | Reduce -2.6% |
| PXH Inves Rafi Emer MRKT-Usd Inc. | 0.18% | 11,302 | $231K | Reduce -60.5% |
| SMH Vaneck Semiconductor ETF | 0.18% | 947 | $229K | Reduce -60.4% |
| PYLD PIMCO Multisector Bond Actv | 0.17% | 8,401 | $218K | New |
| DFSU Dimensional US Sus CORE1 ETF | 0.17% | 5,595 | $212K | No change |
| HYMB SS SPDR N Ice HY Muni ETF | 0.17% | 8,248 | $211K | New |
| HTAB Hartford Schroders Tax Aware | 0.15% | 10,072 | $195K | Reduce -20.3% |
| NZF Nuveen Municipal Credit Inc. | 0.13% | 13,880 | $169K | Reduce -12.7% |
Portfolio Sells Q3 2024 → Q4 2024
| QUAL iShares MSCI USA Quality Fac | Reduce -52.6% | 2.26% | −2.54 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -53.0% | 1.63% | −1.99 |
| NUDM Nuveen ESG Intl Devel MRK Eq | Sold out | 0.00% | −1.53 |
| AVUS Avantis U.S. Equity ETF | Reduce -32.9% | 1.92% | −0.89 |
| AVSE Avantis Resp Emerg MKTS Eq-E | Reduce -71.4% | 0.29% | −0.81 |
| DFIV Dimensional International Va | Reduce -64.0% | 0.40% | −0.78 |
| JPST JPMorgan Ultra-Short Income | Reduce -11.6% | 5.10% | −0.70 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Reduce -14.4% | 3.37% | −0.67 |
| IHDG Wisdomtree International Hed | Reduce -46.8% | 0.59% | −0.57 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.56 |
| HSCZ iShares Cur HDG MSCI Eafe SM | Sold out | 0.00% | −0.53 |
| AVDE Avantis International Equity | Reduce -48.5% | 0.33% | −0.37 |
| JMEE JPM Sma & Mid Cap En Eq Et-U | Sold out | 0.00% | −0.36 |
| AVEM Avantis Emerging Markets Eq | Sold out | 0.00% | −0.36 |
| DFSB Dim GLB Sustain Fix Inc. ETF | Sold out | 0.00% | −0.35 |
| USRT iShares Core US REIT ETF | Reduce -33.8% | 0.51% | −0.32 |
| PXH Inves Rafi Emer MRKT-Usd Inc. | Reduce -60.5% | 0.18% | −0.31 |
| JCPB JPMorgan Core Plus Bond ETF | Reduce -8.3% | 2.05% | −0.29 |
| SMH Vaneck Semiconductor ETF | Reduce -60.4% | 0.18% | −0.28 |
| USTB Victoryshares Short-Term Bon | Reduce -33.3% | 0.54% | −0.28 |
| SDY SS SPDR S&P Dividend ETF | Reduce -34.6% | 0.41% | −0.26 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Reduce -23.1% | 0.97% | −0.24 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.19 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.17 |
| DFIS Dimensional International SM | Sold out | 0.00% | −0.17 |
| MUB iShares National Muni Bond E | Sold out | 0.00% | −0.17 |
| IWY iShares Russell Top 200 Grow | Sold out | 0.00% | −0.17 |
| DGS Wisdomtree Em Small Cap | Sold out | 0.00% | −0.16 |
| EMXC iShares MSCI Emr MRK Ex Chna | Sold out | 0.00% | −0.16 |
| ITOT iShares Core S&P Total U.S. | Reduce -15.5% | 0.50% | −0.08 |
| GRID First TRST Nasd Class Edg Sgiif | Reduce -15.4% | 0.29% | −0.08 |
| EEMS iShares MSCI Emerging MKT SM | Reduce -16.5% | 0.22% | −0.07 |
| FRDM Freedom 100 Emeging MRKT ETF | Reduce -5.4% | 0.31% | −0.05 |
| FVD First Trust Value Line DVD | Reduce -4.4% | 0.49% | −0.04 |
| HTAB Hartford Schroders Tax Aware | Reduce -20.3% | 0.15% | −0.04 |
| FBND Fidelity Total Bond ETF | Reduce -8.6% | 0.26% | −0.04 |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | Reduce -2.3% | 0.40% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -6.7% | 0.38% | −0.03 |
| NZF Nuveen Municipal Credit Inc. | Reduce -12.7% | 0.13% | −0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -7.1% | 0.35% | −0.02 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -6.4% | 0.20% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -5.6% | 0.56% | −0.01 |
| CGMS Cap Group US Multi-Sect Bond | Reduce -1.8% | 0.31% | −0.01 |
| IAU iShares Gold Trust | Reduce -0.2% | 2.07% | −0.01 |
| HYEM Vaneck Emrg MKTS Hi YLD | Reduce -0.3% | 0.28% | −0.01 |
| KIE SS SPDR S&P Insurance ETF | Reduce -2.6% | 0.18% | −0.01 |
| VRIG Invesco Variable Rate Invest | Reduce -0.4% | 0.43% | −0.00 |
| AAPL Apple Inc. | Reduce -2.7% | 0.41% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.3% | 0.80% | +0.04 |
| AMZN Amazon.com Inc. | Reduce -0.3% | 0.92% | +0.14 |
Portfolio Buys Q3 2024 → Q4 2024
| COWG Pacer US LRG Cap Cows GR LD | New | 2.03% | +2.03 |
| CLOI Vaneck Clo ETF | Add +194.1% | 2.96% | +1.95 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 1.31% | +1.31 |
| ESGV Vanguard ESG US Stock ETF | Add +45.2% | 3.11% | +1.04 |
| EDIV State Street SPDR S&P Emergi | Add +90.5% | 2.25% | +0.99 |
| AVSU Avantis Resp US Equity ETF | Add +58.7% | 2.49% | +0.94 |
| TSME Thrivent SML-MDC Eq ETF-US I | New | 0.90% | +0.90 |
| DBEF Xtrackers MSCI Eafe Hedged E | Add +35.9% | 3.24% | +0.82 |
| FSMD Fidelity Small-Mid Multifact | Add +76.4% | 1.75% | +0.76 |
| HYGH iShares Int Rate Hedg HY ETF | Add +319.6% | 0.68% | +0.52 |
| USAI Pacer Ame Energy Infr ETF-US | New | 0.51% | +0.51 |
| CWS Advisorshares Equity Focused | New | 0.47% | +0.47 |
| IGHG Proshares Ig Hedged | New | 0.41% | +0.41 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.5% | 6.22% | +0.38 |
| EVTR Eaton Vance Total Return | New | 0.38% | +0.38 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +62.5% | 0.89% | +0.35 |
| IDMO Invesco S&P International DE | New | 0.34% | +0.34 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +56.7% | 0.86% | +0.28 |
| IWF iShares Russell 1000 Growth | Add +7.1% | 1.92% | +0.25 |
| MSFT Microsoft Corp. | Add +25.8% | 1.09% | +0.21 |
| EPI Wisdomtree India Earnings | Add +80.6% | 0.52% | +0.20 |
| PYLD PIMCO Multisector Bond Actv | New | 0.17% | +0.17 |
| HYMB SS SPDR N Ice HY Muni ETF | New | 0.17% | +0.17 |
| STIP iShares 0-5 Year Tips Bond E | Add +50.2% | 0.40% | +0.13 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.1% | 3.67% | +0.13 |
| MINO PIMCO Municipal Income Oppor | Add +25.8% | 0.63% | +0.12 |
| IYF iShares US Financials ETF | Add +17.0% | 0.52% | +0.10 |
| AVSD Avantis Reps Intern Equi ETF | Add +19.4% | 1.11% | +0.10 |
| SCHD Schwab US DVD Equity ETF | Add +29.3% | 0.32% | +0.07 |
| COWZ Pacer US Cash Cows 100 ETF | Add +3.3% | 5.96% | +0.06 |
| RUNN Running Oak Efficient GR ETF | Add +30.0% | 0.20% | +0.04 |
| OUSM Alps Oshares US Small-Cap Qu | Add +20.8% | 0.27% | +0.04 |
| NVDA Nvidia Corp. | Add +0.6% | 0.34% | +0.03 |
| PG The Procter & Gamble Co. | Add +19.4% | 0.22% | +0.03 |
| TCAF T Rowe PRC Cap Appreciation | Add +5.3% | 0.48% | +0.03 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Add +5.5% | 0.29% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | Add +4.5% | 0.59% | +0.02 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +6.9% | 0.21% | +0.02 |
| GSC Goldman Sachs Small Cap Equi | Add +7.7% | 0.39% | +0.02 |
| EMNT PIMCO Enhcd St M-Active ESG | Add +4.8% | 0.28% | +0.01 |
| PWRD TCW Transform Systems ETF | Add +3.7% | 0.24% | +0.00 |
| LQDH iShares Int Hedg Corp. BD ETF | Add +2.1% | 0.24% | +0.00 |
| USFR Wisdomtree Floating Rate Tre | Add +0.4% | 0.59% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +1.0% | 0.26% | +0.00 |
| XOM Exxon Mobil Corp. | Add +8.5% | 0.25% | −0.00 |
| LVHI Franklin International Low V | Add +1.4% | 1.01% | −0.00 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.9% | 0.21% | −0.00 |
| GDX Vaneck Gold Miners ETF | Add +13.5% | 0.60% | −0.02 |
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 |