Trademark Financial Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 25, 2025), Trademark Financial Management, LLC reported 87 stock positions worth $131.1 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 13.7% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 5.3%) and JPMorgan Ultra-Short Income (JPST, 4.9%). Compared with Q4 2024, it opened 9 new positions, sold out of 12, added to 31 and reduced 43. The biggest buy was Eaton Vance Total Return (EVTR, shares +527%) and the biggest sale Pacer US Cash Cows 100 ETF (COWZ, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- Bloomington, MN
- CIK
- 0002011736
- Portfolio Value
- $131.1M (Q1 2025)
- SEC Filing
- 0001667731-25-000526 ↗ filed Apr 25, 2025
Holdings Value
Holdings 87 stocks · $131.1M
| IVV iShares Core S&P 500 ETF | 13.74% | 32,050 | $18.0M | Add +3.4% |
| QQQ Invesco QQQ Trust Series 1 | 5.29% | 14,799 | $6.9M | Reduce -3.4% |
| JPST JPMorgan Ultra-Short Income | 4.91% | 127,127 | $6.4M | Reduce -0.2% |
| COWZ Pacer US Cash Cows 100 ETF | 4.60% | 110,033 | $6.0M | Reduce -17.2% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 4.47% | 45,499 | $5.9M | Add +33.8% |
| CLOI Vaneck Clo ETF | 3.59% | 88,927 | $4.7M | Add +26.1% |
| VTI VG Morningstar TS MKT ETF-US | 3.47% | 16,551 | $4.5M | Add +3.8% |
| DBEF Xtrackers MSCI Eafe Hedged E | 2.84% | 85,987 | $3.7M | Reduce -12.8% |
| ESGV Vanguard ESG US Stock ETF | 2.68% | 35,859 | $3.5M | Reduce -4.0% |
| QUAL iShares MSCI USA Quality Fac | 2.44% | 18,682 | $3.2M | Add +17.1% |
| IAU iShares Gold Trust | 2.40% | 53,371 | $3.1M | Add +1.6% |
| EVTR Eaton Vance Total Return | 2.31% | 59,787 | $3.0M | Add +527.4% |
| JCPB JPMorgan Core Plus Bond ETF | 2.25% | 62,815 | $3.0M | Add +12.1% |
| AVSU Avantis Resp US Equity ETF | 2.10% | 44,197 | $2.8M | Reduce -6.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.82% | 36,302 | $2.4M | Add +51.8% |
| EDIV State Street SPDR S&P Emergi | 1.78% | 65,240 | $2.3M | Reduce -18.7% |
| IWF iShares Russell 1000 Growth | 1.69% | 6,126 | $2.2M | Add +1.8% |
| COWG Pacer US LRG Cap Cows GR LD | 1.69% | 71,730 | $2.2M | Reduce -10.1% |
| DFIV Dimensional International Va | 1.63% | 54,186 | $2.1M | Add +284.7% |
| IDMO Invesco S&P International DE | 1.53% | 45,370 | $2.0M | Add +330.9% |
| FSMD Fidelity Small-Mid Multifact | 1.49% | 49,705 | $1.9M | Reduce -7.3% |
| VFLO Victoryshares Free Cash Flow | 1.35% | 51,524 | $1.8M | New |
| USTB Victoryshares Short-Term Bon | 1.29% | 33,484 | $1.7M | Add +148.5% |
| AVUS Avantis U.S. Equity ETF | 1.14% | 16,165 | $1.5M | Reduce -35.3% |
| CWS Advisorshares Equity Focused | 1.14% | 22,741 | $1.5M | Add +146.3% |
| AVSD Avantis Reps Intern Equi ETF | 1.10% | 24,067 | $1.4M | Reduce -3.8% |
| MOAT Vaneck Morningstar Wide Moat | 1.04% | 15,552 | $1.4M | Reduce -29.6% |
| MSFT Microsoft Corp. | 0.86% | 3,020 | $1.1M | Reduce -7.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.83% | 1,951 | $1.1M | Add +2.4% |
| NULV Nuveen ESG Large-Cap Val ETF | 0.83% | 26,771 | $1.1M | Reduce -2.5% |
| NULG Nuveen ESG LRG-Cap GRW ETF | 0.82% | 13,705 | $1.1M | Reduce -3.5% |
| GDX Vaneck Gold Miners ETF | 0.77% | 21,876 | $1.0M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 0.75% | 5,170 | $984K | Reduce -1.6% |
| TSME Thrivent SML-MDC Eq ETF-US I | 0.75% | 29,368 | $978K | Reduce -4.8% |
| STIP iShares 0-5 Year Tips Bond E | 0.71% | 8,931 | $924K | Add +80.5% |
| LVHI Franklin International Low V | 0.70% | 28,221 | $914K | Reduce -32.5% |
| VIG Vanguard Dividend Apprec ETF | 0.67% | 4,521 | $877K | Add +18.3% |
| PVAL Putnam Focused LRG Cap Value | 0.66% | 22,856 | $870K | New |
| MINO PIMCO Municipal Income Oppor | 0.59% | 17,307 | $774K | Reduce -1.1% |
| COST Costco Wholesale Corp. | 0.59% | 817 | $773K | Add +6.8% |
| PXH Inves Rafi Emer MRKT-Usd Inc. | 0.58% | 34,727 | $755K | Add +207.3% |
| USRT iShares Core US REIT ETF | 0.57% | 12,927 | $745K | Add +15.4% |
| IHDG Wisdomtree International Hed | 0.55% | 16,629 | $722K | Reduce -1.9% |
| VRIG Invesco Variable Rate Invest | 0.55% | 28,582 | $717K | Add +31.9% |
| DFUS Dimensional US Eq MKT ETF | 0.54% | 11,600 | $702K | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.53% | 3,623 | $699K | New |
| FRDM Freedom 100 Emeging MRKT ETF | 0.52% | 19,535 | $685K | Add +65.1% |
| USFR Wisdomtree Floating Rate Tre | 0.50% | 13,024 | $656K | Reduce -11.6% |
| FVD First Trust Value Line DVD | 0.47% | 13,798 | $615K | Reduce -2.8% |
| ITOT iShares Core S&P Total U.S. | 0.43% | 4,629 | $565K | Reduce -5.0% |
| IGHG Proshares Ig Hedged | 0.41% | 6,916 | $532K | Add +3.9% |
| XLV SS Health Care Select Sector | 0.40% | 3,615 | $528K | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.37% | 1,308 | $485K | Reduce -46.4% |
| CGMS Cap Group US Multi-Sect Bond | 0.34% | 16,297 | $445K | Add +15.3% |
| GSC Goldman Sachs Small Cap Equi | 0.34% | 9,456 | $441K | Reduce -2.1% |
| KIE SS SPDR S&P Insurance ETF | 0.32% | 6,964 | $422K | Add +69.4% |
| AAPL Apple Inc. | 0.31% | 1,816 | $403K | Reduce -12.9% |
| SCHD Schwab US DVD Equity ETF | 0.31% | 14,406 | $403K | Reduce -3.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.30% | 1,772 | $393K | Reduce -3.2% |
| INFL Horizon Kinetics Infl Benef | 0.30% | 9,598 | $390K | New |
| IYF iShares US Financials ETF | 0.29% | 3,417 | $386K | Reduce -42.3% |
| HYEM Vaneck Emrg MKTS Hi YLD | 0.29% | 19,395 | $381K | Add +6.4% |
| TCAF T Rowe PRC Cap Appreciation | 0.29% | 11,777 | $380K | Reduce -34.5% |
| EMNT PIMCO Enhcd St M-Active ESG | 0.29% | 3,813 | $377K | Add +6.8% |
| AVSE Avantis Resp Emerg MKTS Eq-E | 0.29% | 7,289 | $375K | Add +1.7% |
| AVDE Avantis International Equity | 0.28% | 5,463 | $362K | Reduce -20.4% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.27% | 7,785 | $356K | Add +1.4% |
| XOM Exxon Mobil Corp. | 0.27% | 2,946 | $350K | Add +1.8% |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.27% | 12,685 | $349K | Reduce -34.1% |
| NVDA Nvidia Corp. | 0.26% | 3,127 | $339K | Reduce -1.0% |
| IJR iShares Core S&P Small-Cap E | 0.26% | 3,207 | $335K | Reduce -22.4% |
| HYGH iShares Int Rate Hedg HY ETF | 0.23% | 3,548 | $302K | Reduce -64.3% |
| FBND Fidelity Total Bond ETF | 0.21% | 6,040 | $276K | Reduce -16.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.21% | 2,928 | $274K | Reduce -0.6% |
| ESGU iShares ESG Aware MSCI USA | 0.21% | 2,248 | $274K | No change |
| IJH iShares Core S&P Midcap ETF | 0.21% | 4,656 | $272K | Reduce -10.8% |
| USAI Pacer Ame Energy Infr ETF-US | 0.21% | 6,571 | $270K | Reduce -59.0% |
| OKE Oneok Inc. | 0.20% | 2,708 | $269K | No change |
| PG The Procter & Gamble Co. | 0.20% | 1,554 | $265K | Reduce -4.4% |
| FGDL Franklin Resp Sourced Gold | 0.20% | 6,266 | $262K | New |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.19% | 3,730 | $254K | Add +1.1% |
| BKDV BNY Mellon Dynamic Value | 0.19% | 9,717 | $246K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.18% | 453 | $241K | New |
| RUNN Running Oak Efficient GR ETF | 0.16% | 6,412 | $208K | Reduce -18.6% |
| IWY iShares Russell Top 200 Grow | 0.16% | 967 | $204K | New |
| DFSU Dimensional US Sus CORE1 ETF | 0.15% | 5,595 | $200K | No change |
| NZF Nuveen Municipal Credit Inc. | 0.13% | 13,800 | $169K | Reduce -0.6% |
Portfolio Sells Q4 2024 → Q1 2025
| COWZ Pacer US Cash Cows 100 ETF | Reduce -17.2% | 4.60% | −1.36 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.4% | 5.29% | −0.93 |
| AVUS Avantis U.S. Equity ETF | Reduce -35.3% | 1.14% | −0.78 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -29.6% | 1.04% | −0.58 |
| EPI Wisdomtree India Earnings | Sold out | 0.00% | −0.52 |
| EDIV State Street SPDR S&P Emergi | Reduce -18.7% | 1.78% | −0.47 |
| HYGH iShares Int Rate Hedg HY ETF | Reduce -64.3% | 0.23% | −0.45 |
| ESGV Vanguard ESG US Stock ETF | Reduce -4.0% | 2.68% | −0.43 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -46.4% | 0.37% | −0.43 |
| SDY SS SPDR S&P Dividend ETF | Sold out | 0.00% | −0.41 |
| DBEF Xtrackers MSCI Eafe Hedged E | Reduce -12.8% | 2.84% | −0.40 |
| AVSU Avantis Resp US Equity ETF | Reduce -6.6% | 2.10% | −0.38 |
| COWG Pacer US LRG Cap Cows GR LD | Reduce -10.1% | 1.69% | −0.35 |
| LVHI Franklin International Low V | Reduce -32.5% | 0.70% | −0.32 |
| USAI Pacer Ame Energy Infr ETF-US | Reduce -59.0% | 0.21% | −0.30 |
| GRID First TRST Nasd Class Edg Sgiif | Sold out | 0.00% | −0.29 |
| OUSM Alps Oshares US Small-Cap Qu | Sold out | 0.00% | −0.27 |
| FSMD Fidelity Small-Mid Multifact | Reduce -7.3% | 1.49% | −0.27 |
| PWRD TCW Transform Systems ETF | Sold out | 0.00% | −0.24 |
| LQDH iShares Int Hedg Corp. BD ETF | Sold out | 0.00% | −0.24 |
| IYF iShares US Financials ETF | Reduce -42.3% | 0.29% | −0.23 |
| MSFT Microsoft Corp. | Reduce -7.3% | 0.86% | −0.23 |
| EEMS iShares MSCI Emerging MKT SM | Sold out | 0.00% | −0.22 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.20 |
| JPST JPMorgan Ultra-Short Income | Reduce -0.2% | 4.91% | −0.19 |
| TCAF T Rowe PRC Cap Appreciation | Reduce -34.5% | 0.29% | −0.19 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −0.18 |
| PYLD PIMCO Multisector Bond Actv | Sold out | 0.00% | −0.17 |
| HYMB SS SPDR N Ice HY Muni ETF | Sold out | 0.00% | −0.17 |
| AMZN Amazon.com Inc. | Reduce -1.6% | 0.75% | −0.17 |
| HTAB Hartford Schroders Tax Aware | Sold out | 0.00% | −0.15 |
| TSME Thrivent SML-MDC Eq ETF-US I | Reduce -4.8% | 0.75% | −0.15 |
| NULG Nuveen ESG LRG-Cap GRW ETF | Reduce -3.5% | 0.82% | −0.15 |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | Reduce -34.1% | 0.27% | −0.13 |
| IJR iShares Core S&P Small-Cap E | Reduce -22.4% | 0.26% | −0.12 |
| AAPL Apple Inc. | Reduce -12.9% | 0.31% | −0.11 |
| USFR Wisdomtree Floating Rate Tre | Reduce -11.6% | 0.50% | −0.09 |
| NVDA Nvidia Corp. | Reduce -1.0% | 0.26% | −0.08 |
| ITOT iShares Core S&P Total U.S. | Reduce -5.0% | 0.43% | −0.07 |
| AVDE Avantis International Equity | Reduce -20.4% | 0.28% | −0.06 |
| GSC Goldman Sachs Small Cap Equi | Reduce -2.1% | 0.34% | −0.06 |
| IJH iShares Core S&P Midcap ETF | Reduce -10.8% | 0.21% | −0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -3.2% | 0.30% | −0.05 |
| FBND Fidelity Total Bond ETF | Reduce -16.1% | 0.21% | −0.05 |
| RUNN Running Oak Efficient GR ETF | Reduce -18.6% | 0.16% | −0.05 |
| MINO PIMCO Municipal Income Oppor | Reduce -1.1% | 0.59% | −0.04 |
| IHDG Wisdomtree International Hed | Reduce -1.9% | 0.55% | −0.03 |
| NULV Nuveen ESG Large-Cap Val ETF | Reduce -2.5% | 0.83% | −0.03 |
| FVD First Trust Value Line DVD | Reduce -2.8% | 0.47% | −0.02 |
| SCHD Schwab US DVD Equity ETF | Reduce -3.6% | 0.31% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| EVTR Eaton Vance Total Return | Add +527.4% | 2.31% | +1.93 |
| VFLO Victoryshares Free Cash Flow | New | 1.35% | +1.35 |
| DFIV Dimensional International Va | Add +284.7% | 1.63% | +1.23 |
| IDMO Invesco S&P International DE | Add +330.9% | 1.53% | +1.19 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Add +33.8% | 4.47% | +1.10 |
| USTB Victoryshares Short-Term Bon | Add +148.5% | 1.29% | +0.76 |
| PVAL Putnam Focused LRG Cap Value | New | 0.66% | +0.66 |
| CWS Advisorshares Equity Focused | Add +146.3% | 1.14% | +0.66 |
| CLOI Vaneck Clo ETF | Add +26.1% | 3.59% | +0.63 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.53% | +0.53 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +51.8% | 1.82% | +0.51 |
| XLV SS Health Care Select Sector | New | 0.40% | +0.40 |
| PXH Inves Rafi Emer MRKT-Usd Inc. | Add +207.3% | 0.58% | +0.39 |
| IAU iShares Gold Trust | Add +1.6% | 2.40% | +0.33 |
| STIP iShares 0-5 Year Tips Bond E | Add +80.5% | 0.71% | +0.31 |
| INFL Horizon Kinetics Infl Benef | New | 0.30% | +0.30 |
| FRDM Freedom 100 Emeging MRKT ETF | Add +65.1% | 0.52% | +0.22 |
| JCPB JPMorgan Core Plus Bond ETF | Add +12.1% | 2.25% | +0.20 |
| FGDL Franklin Resp Sourced Gold | New | 0.20% | +0.20 |
| BKDV BNY Mellon Dynamic Value | New | 0.19% | +0.19 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.18% | +0.18 |
| QUAL iShares MSCI USA Quality Fac | Add +17.1% | 2.44% | +0.18 |
| IWY iShares Russell Top 200 Grow | New | 0.16% | +0.16 |
| KIE SS SPDR S&P Insurance ETF | Add +69.4% | 0.32% | +0.14 |
| VRIG Invesco Variable Rate Invest | Add +31.9% | 0.55% | +0.11 |
| VIG Vanguard Dividend Apprec ETF | Add +18.3% | 0.67% | +0.07 |
| USRT iShares Core US REIT ETF | Add +15.4% | 0.57% | +0.06 |
| CGMS Cap Group US Multi-Sect Bond | Add +15.3% | 0.34% | +0.03 |
| COST Costco Wholesale Corp. | Add +6.8% | 0.59% | +0.03 |
| XOM Exxon Mobil Corp. | Add +1.8% | 0.27% | +0.02 |
| HYEM Vaneck Emrg MKTS Hi YLD | Add +6.4% | 0.29% | +0.01 |
| EMNT PIMCO Enhcd St M-Active ESG | Add +6.8% | 0.29% | +0.01 |
| AVSE Avantis Resp Emerg MKTS Eq-E | Add +1.7% | 0.29% | −0.00 |
| IGHG Proshares Ig Hedged | Add +3.9% | 0.41% | −0.01 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +1.1% | 0.19% | −0.02 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Add +1.4% | 0.27% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.4% | 0.83% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.8% | 3.47% | −0.20 |
| IWF iShares Russell 1000 Growth | Add +1.8% | 1.69% | −0.23 |
| IVV iShares Core S&P 500 ETF | Add +3.4% | 13.74% | −0.76 |
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 |