Trademark Financial Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), Trademark Financial Management, LLC reported 102 stock positions worth $204.1 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 11.6% of the portfolio, followed by Putnam Focused LRG Cap Value (PVAL, 5.6%) and JPMorgan Core Plus Bond ETF (JCPB, 5.3%). Compared with Q4 2025, it opened 14 new positions, sold out of 7, added to 52 and reduced 32. The biggest buy was Invesco Nasdaq 100 ETF (QQQM, shares +115%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −38%).

Most Recent 13F
Q2 2026
Location
Bloomington, MN
CIK
0002011736
Portfolio Value
$204.1M (Q1 2026)
SEC Filing
0002085853-26-000503 ↗ filed Apr 27, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $120.6M Q1 2024 Q2 2024: $122.8M Q2 2024 Q3 2024: $126.1M Q3 2024 Q4 2024: $125.9M Q4 2024 Q1 2025: $131.1M Q1 2025 Q2 2025: $163.5M Q2 2025 Q3 2025: $171.8M Q3 2025 Q4 2025: $181.7M Q4 2025 Q1 2026: $204.1M $204.1M Q1 2026 Q2 2026: $244.2M Q2 2026

Holdings 102 stocks · $204.1M
IVV iShares Core S&P 500 ETF 11.59% 36,227 $23.7M Add +10.9%
PVAL Putnam Focused LRG Cap Value 5.55% 244,265 $11.3M Add +22.4%
JCPB JPMorgan Core Plus Bond ETF 5.29% 229,244 $10.8M Add +20.2%
DFIV Dimensional International Va 5.12% 198,062 $10.5M Add +25.6%
QQQM Invesco Nasdaq 100 ETF 4.50% 38,647 $9.2M Add +114.7%
SPYM Ste STR SPDR PT S&P 500 ETF 3.68% 98,085 $7.5M Add +14.5%
IDMO Invesco S&P International DE 3.67% 136,432 $7.5M Add +13.8%
VTI VG Morningstar TS MKT ETF-US 3.57% 22,704 $7.3M Add +35.1%
SPMO Invesco S&P 500 Momentum ETF 3.48% 63,409 $7.1M Add +7.4%
FRDM Freedom 100 Emeging MRKT ETF 3.06% 114,144 $6.2M Add +46.5%
JPST JPMorgan Ultra-Short Income 2.63% 106,230 $5.4M Add +14.8%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 2.51% 35,403 $5.1M Add +30.7%
IAU iShares Gold Trust 2.43% 56,280 $5.0M Add +1.4%
QQQ Invesco QQQ Trust Series 1 2.41% 8,508 $4.9M Reduce -38.2%
CLOI Vaneck Clo ETF 2.01% 77,766 $4.1M Reduce -15.2%
PYLD PIMCO Multisector Bond Actv 1.75% 136,258 $3.6M Add +36.6%
STIP iShares 0-5 Year Tips Bond E 1.69% 33,407 $3.5M Add +14.8%
EVTR Eaton Vance Total Return 1.67% 67,278 $3.4M Reduce -28.7%
ESGV Vanguard ESG US Stock ETF 1.66% 30,132 $3.4M Reduce -0.9%
FSMD Fidelity Small-Mid Multifact 1.39% 63,303 $2.8M Add +47.0%
USTB Victoryshares Short-Term Bon 1.35% 54,566 $2.8M Add +32.9%
GDX Vaneck Gold Miners ETF 1.26% 28,133 $2.6M Add +34.5%
VFLO Victoryshares Free Cash Flow 1.20% 62,074 $2.5M Add +20.8%
IWF iShares Russell 1000 Growth 1.16% 5,549 $2.4M Add +10.5%
COWZ Pacer US Cash Cows 100 ETF 1.09% 35,534 $2.2M Add +2.2%
AVDE Avantis International Equity 1.08% 25,895 $2.2M Add +88.4%
SMH Vaneck Semiconductor ETF 1.07% 5,678 $2.2M Add +220.1%
MSFT Microsoft Corp. 0.88% 4,845 $1.8M Add +19.6%
QUAL iShares MSCI USA Quality Fac 0.82% 8,759 $1.7M Add +7.0%
VIG Vanguard Dividend Apprec ETF 0.77% 7,337 $1.6M Add +41.5%
USRT iShares Core US REIT ETF 0.77% 26,656 $1.6M New
CGMM Cap Group Small and Mid Cap 0.74% 51,685 $1.5M Add +180.6%
AVDV Avantis Intl S/C Value ETF 0.68% 13,985 $1.4M Add +7.8%
MINO PIMCO Municipal Income Oppor 0.64% 28,864 $1.3M Add +23.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.59% 1,850 $1.2M Reduce -0.4%
AVUS Avantis U.S. Equity ETF 0.49% 8,950 $995K Add +1.7%
FWD AB Disruptors ETF filed as AB ACTIVE ETFS INC 0.46% 8,686 $943K Add +89.3%
AMZN Amazon.com Inc. 0.43% 4,170 $868K Reduce -4.9%
UBND Victoryshares Core Plus Bond 0.41% 38,635 $841K New
PWRD TCW Transform Systems ETF 0.41% 8,478 $829K Add +2.1%
BPRE Bluerock Private Real Estate 0.40% 49,643 $825K Reduce -16.0%
DFUS Dimensional US Eq MKT ETF 0.40% 11,500 $815K No change
OEF iShares S&P 100 ETF 0.39% 2,493 $793K Add +291.4%
EDIV State Street SPDR S&P Emergi 0.38% 19,862 $784K Add +20.0%
MOAT Vaneck Morningstar Wide Moat 0.38% 8,053 $779K Reduce -21.2%
COST Costco Wholesale Corp. 0.38% 778 $776K Reduce -2.6%
QGRW Wisdomtree US Quality Growth 0.38% 14,408 $770K Reduce -2.2%
AVSD Avantis Reps Intern Equi ETF 0.37% 10,321 $760K Reduce -52.7%
FBND Fidelity Total Bond ETF 0.37% 16,619 $758K Add +69.4%
DBMF Imgp Dbi MFT STR ETF-Usd Inc. 0.36% 24,577 $741K New
PXH Inves Rafi Emer MRKT-Usd Inc. 0.35% 26,376 $710K Reduce -42.1%
DFSI Dimensional Int Sus COR1 ETF 0.34% 16,611 $704K Reduce -7.4%
GVAL Cambria Global Value ETF 0.33% 20,202 $670K New
HYEM Vaneck Emrg MKTS Hi YLD 0.31% 32,300 $637K Reduce -1.1%
BKGI BNY Mellon GLBL Infra Inc. 0.31% 14,040 $625K Add +17.6%
AAPL Apple Inc. 0.30% 2,442 $620K Reduce -0.8%
DBEF Xtrackers MSCI Eafe Hedged E 0.30% 12,458 $615K Reduce -0.6%
FVD First Trust Value Line DVD 0.28% 12,146 $571K Reduce -4.7%
FGDL Franklin Resp Sourced Gold 0.28% 9,164 $570K Reduce -5.5%
NVDA Nvidia Corp. 0.27% 3,162 $551K Add +22.1%
VUG Vanguard Mrngstar GR ETF-Sui 0.27% 1,251 $547K Add +19.6%
VTIP Vanguard Short-Term Tips 0.27% 10,860 $542K Add +56.5%
AVEM Avantis Emerging Markets Eq 0.26% 6,681 $538K New
BKDV BNY Mellon Dynamic Value 0.25% 16,939 $502K Add +16.2%
AVSU Avantis Resp US Equity ETF 0.24% 6,658 $492K Reduce -4.6%
XOM Exxon Mobil Corp. 0.24% 2,865 $486K Reduce -1.2%
COWG Pacer US LRG Cap Cows GR LD 0.22% 13,221 $446K Reduce -17.7%
NULG Nuveen ESG LRG-Cap GRW ETF 0.22% 4,861 $442K Reduce -1.0%
BWZ State Street SPDR Bloomberg 0.22% 16,401 $442K Reduce -29.5%
VRIG Invesco Variable Rate Invest 0.21% 17,029 $426K Add +23.2%
NULV Nuveen ESG Large-Cap Val ETF 0.20% 9,168 $417K Reduce -3.6%
SPYX SS SPDR S&P 500 Foss FL ETF 0.20% 7,785 $413K No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.19% 4,888 $386K Add +2.0%
SHLD Global X Defense Tech ETF 0.19% 5,426 $384K Add +17.0%
CGGR Cap Group Growth Equity 0.18% 9,178 $369K Add +2.7%
IJR iShares Core S&P Small-Cap E 0.18% 2,964 $368K Reduce -6.5%
GRID First TRST Nasd Class Edg Sgiif 0.18% 2,234 $365K New
USFR Wisdomtree Floating Rate Tre 0.17% 7,093 $357K New
IPKW Invesco International Buybac 0.17% 6,260 $352K Reduce -7.3%
VB Vanguard Most SM-Cap ETF-Usd 0.17% 1,322 $346K Reduce -3.0%
INFL Horizon Kinetics Infl Benef 0.17% 6,521 $339K New
QGRO American Century US Quality 0.16% 3,166 $333K Add +3.0%
WCPB Weitz Core Plus Bond ETF 0.16% 13,094 $331K New
WTV Wisdomtree U.S. Value Fund 0.16% 3,481 $330K Add +0.9%
ESGU iShares ESG Aware MSCI USA 0.16% 2,290 $324K No change
CGMS Cap Group US Multi-Sect Bond 0.16% 11,700 $319K Add +9.3%
HYGH iShares Int Rate Hedg HY ETF 0.15% 3,578 $306K Add +40.1%
IJH iShares Core S&P Midcap ETF 0.15% 4,482 $303K Add +2.1%
USMV iShares MSCI USA Min Vol Fac 0.15% 3,198 $297K Reduce -12.0%
ROK Rockwell Automation Inc. 0.14% 803 $288K Reduce -25.7%
XBI SS SPDR S&P Biotech ETF 0.14% 2,249 $287K New
HFXI Nylim Ftse Intr Eq CN ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET 0.13% 7,811 $262K Add +9.9%
IWY iShares Russell Top 200 Grow 0.13% 1,041 $259K Add +1.7%
XES SS SPDR S&P Og Eqp & Serv 0.13% 2,203 $256K New
GSST Goldman Sachs Ultra Short Bo 0.12% 4,845 $245K Add +19.0%
DFSU Dimensional US Sus CORE1 ETF 0.11% 5,603 $230K No change
FLQM Franklin U.S. Mid Cap Multif 0.11% 4,165 $229K Reduce -6.8%
ITOT iShares Core S&P Total U.S. 0.11% 1,595 $227K Reduce -18.3%
DFUV Dimensional US Marketwide Va 0.10% 4,280 $207K New
AVSE Avantis Resp Emerg MKTS Eq-E 0.10% 3,073 $205K Reduce -72.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.10% 710 $204K New
JPSE JPM Diversified RT Small Cap filed as J P MORGAN EXCHANGE TRADED F 0.10% 3,853 $202K New

Portfolio Sells Q4 2025 → Q1 2026
QQQ Invesco QQQ Trust Series 1 Reduce -38.2% 2.41% −2.25
IYF iShares US Financials ETF Sold out 0.00% −1.16
CWS Advisorshares Equity Focused Sold out 0.00% −1.13
EVTR Eaton Vance Total Return Reduce -28.7% 1.67% −1.00
CLOI Vaneck Clo ETF Reduce -15.2% 2.01% −0.66
CGCV Cap Group Conservative Eq Sold out 0.00% −0.58
AVSD Avantis Reps Intern Equi ETF Reduce -52.7% 0.37% −0.52
CIBR First Trust Nasdaq Cybersecu Sold out 0.00% −0.46
ESGV Vanguard ESG US Stock ETF Reduce -0.9% 1.66% −0.37
PXH Inves Rafi Emer MRKT-Usd Inc. Reduce -42.1% 0.35% −0.30
AVSE Avantis Resp Emerg MKTS Eq-E Reduce -72.4% 0.10% −0.30
MOAT Vaneck Morningstar Wide Moat Reduce -21.2% 0.38% −0.20
BWZ State Street SPDR Bloomberg Reduce -29.5% 0.22% −0.13
AMZN Amazon.com Inc. Reduce -4.9% 0.43% −0.13
XLV SS Health Care Select Sector Sold out 0.00% −0.13
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.11
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.11
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.4% 0.59% −0.11
QGRW Wisdomtree US Quality Growth Reduce -2.2% 0.38% −0.10
COWG Pacer US LRG Cap Cows GR LD Reduce -17.7% 0.22% −0.09
ROK Rockwell Automation Inc. Reduce -25.7% 0.14% −0.09
BPRE Bluerock Private Real Estate Reduce -16.0% 0.40% −0.08
DFSI Dimensional Int Sus COR1 ETF Reduce -7.4% 0.34% −0.08
AAPL Apple Inc. Reduce -0.8% 0.30% −0.06
AVSU Avantis Resp US Equity ETF Reduce -4.6% 0.24% −0.05
ITOT iShares Core S&P Total U.S. Reduce -18.3% 0.11% −0.05
NULG Nuveen ESG LRG-Cap GRW ETF Reduce -1.0% 0.22% −0.05
HYEM Vaneck Emrg MKTS Hi YLD Reduce -1.1% 0.31% −0.05
FVD First Trust Value Line DVD Reduce -4.7% 0.28% −0.04
USMV iShares MSCI USA Min Vol Fac Reduce -12.0% 0.15% −0.04
IPKW Invesco International Buybac Reduce -7.3% 0.17% −0.03
NULV Nuveen ESG Large-Cap Val ETF Reduce -3.6% 0.20% −0.03
DBEF Xtrackers MSCI Eafe Hedged E Reduce -0.6% 0.30% −0.03
IJR iShares Core S&P Small-Cap E Reduce -6.5% 0.18% −0.03
FGDL Franklin Resp Sourced Gold Reduce -5.5% 0.28% −0.03
FLQM Franklin U.S. Mid Cap Multif Reduce -6.8% 0.11% −0.03
VB Vanguard Most SM-Cap ETF-Usd Reduce -3.0% 0.17% −0.02
COST Costco Wholesale Corp. Reduce -2.6% 0.38% +0.00
XOM Exxon Mobil Corp. Reduce -1.2% 0.24% +0.05

Portfolio Buys Q4 2025 → Q1 2026
QQQM Invesco Nasdaq 100 ETF Add +114.7% 4.50% +1.99
FRDM Freedom 100 Emeging MRKT ETF Add +46.5% 3.06% +0.86
DFIV Dimensional International Va Add +25.6% 5.12% +0.79
USRT iShares Core US REIT ETF New 0.77% +0.77
SMH Vaneck Semiconductor ETF Add +220.1% 1.07% +0.71
PVAL Putnam Focused LRG Cap Value Add +22.4% 5.55% +0.55
VTI VG Morningstar TS MKT ETF-US Add +35.1% 3.57% +0.47
AVDE Avantis International Equity Add +88.4% 1.08% +0.45
CGMM Cap Group Small and Mid Cap Add +180.6% 0.74% +0.45
UBND Victoryshares Core Plus Bond New 0.41% +0.41
MGV Vngrd Mrgstr MG CP VL ETF-Ui Add +30.7% 2.51% +0.41
DBMF Imgp Dbi MFT STR ETF-Usd Inc. New 0.36% +0.36
FSMD Fidelity Small-Mid Multifact Add +47.0% 1.39% +0.34
GVAL Cambria Global Value ETF New 0.33% +0.33
JCPB JPMorgan Core Plus Bond ETF Add +20.2% 5.29% +0.32
PYLD PIMCO Multisector Bond Actv Add +36.6% 1.75% +0.28
GDX Vaneck Gold Miners ETF Add +34.5% 1.26% +0.28
OEF iShares S&P 100 ETF Add +291.4% 0.39% +0.27
AVEM Avantis Emerging Markets Eq New 0.26% +0.26
USTB Victoryshares Short-Term Bon Add +32.9% 1.35% +0.20
FWD AB Disruptors ETF Add +89.3% 0.46% +0.20
GRID First TRST Nasd Class Edg Sgiif New 0.18% +0.18
USFR Wisdomtree Floating Rate Tre New 0.17% +0.17
INFL Horizon Kinetics Infl Benef New 0.17% +0.17
WCPB Weitz Core Plus Bond ETF New 0.16% +0.16
VIG Vanguard Dividend Apprec ETF Add +41.5% 0.77% +0.15
XBI SS SPDR S&P Biotech ETF New 0.14% +0.14
XES SS SPDR S&P Og Eqp & Serv New 0.13% +0.13
FBND Fidelity Total Bond ETF Add +69.4% 0.37% +0.12
DFUV Dimensional US Marketwide Va New 0.10% +0.10
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.10% +0.10
JPSE JPM Diversified RT Small Cap New 0.10% +0.10
VFLO Victoryshares Free Cash Flow Add +20.8% 1.20% +0.09
VTIP Vanguard Short-Term Tips Add +56.5% 0.27% +0.08
JPST JPMorgan Ultra-Short Income Add +14.8% 2.63% +0.06
MINO PIMCO Municipal Income Oppor Add +23.1% 0.64% +0.05
STIP iShares 0-5 Year Tips Bond E Add +14.8% 1.69% +0.05
BKGI BNY Mellon GLBL Infra Inc. Add +17.6% 0.31% +0.04
HYGH iShares Int Rate Hedg HY ETF Add +40.1% 0.15% +0.03
EDIV State Street SPDR S&P Emergi Add +20.0% 0.38% +0.03
SHLD Global X Defense Tech ETF Add +17.0% 0.19% +0.02
VRIG Invesco Variable Rate Invest Add +23.2% 0.21% +0.02
AVDV Avantis Intl S/C Value ETF Add +7.8% 0.68% +0.01
BKDV BNY Mellon Dynamic Value Add +16.2% 0.25% +0.01
GSST Goldman Sachs Ultra Short Bo Add +19.0% 0.12% +0.01
NVDA Nvidia Corp. Add +22.1% 0.27% +0.00
HFXI Nylim Ftse Intr Eq CN ETF-Ui Add +9.9% 0.13% +0.00
IDMO Invesco S&P International DE Add +13.8% 3.67% +0.00
CGMS Cap Group US Multi-Sect Bond Add +9.3% 0.16% −0.01
IJH iShares Core S&P Midcap ETF Add +2.1% 0.15% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 107$244.2MIVV, PVAL, QQQM, DFIV, JCPB
Q1 2026 102$204.1MIVV, PVAL, JCPB, DFIV, QQQM
Q4 2025 95$181.7MIVV, PVAL, JCPB, QQQ, DFIV
Q3 2025 94$171.8MIVV, QQQ, JCPB, DFIV, PVAL
Q2 2025 88$163.5MIVV, QQQ, MGV, JCPB, JPST
Q1 2025 87$131.1MIVV, QQQ, JPST, COWZ, MGV
Q4 2024 90$125.9MIVV, QQQ, COWZ, JPST, VTI
Q3 2024 93$126.1MIVV, COWZ, QQQ, JPST, QUAL
Q2 2024 86$122.8MIVV, COWZ, MOAT, JPST, QQQ
Q1 2024 76$120.6MIVV, COWZ, MOAT, JPST, QQQ