True Vision MN LLC

Name: True Vision MN LLC 13F holdings, Q4 2025
Creator: True Vision MN LLC
Published: 2026-01-14

Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 14, 2026), True Vision MN LLC reported 111 stock positions worth $196.8 million. Its top holding was Ishr CR Unvrse Usd BD ETF-Ui (IUSB) at 7.5% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 6.3%) and Ishrs US E F R A ETF-Usd (DYNF, 5.5%). Compared with Q3 2025, it opened 11 new positions, sold out of 8, added to 68 and reduced 25. The biggest buy was iShares S&P 500 Value ETF (IVE, shares +38%) and the biggest sale iShares MSCI USA Quality Fac (QUAL, shares −45%).

Most Recent 13F: Q1 2026
Location: WOODBURY, MN
CIK: 0002013460
Portfolio Value: $196.8M (Q4 2025)
SEC Filing: 0001951757-26-000079 ↗ filed Jan 14, 2026

Holdings Value

Holdings 111 stocks · $196.8M


IUSB Ishr CR Unvrse Usd BD ETF-Ui	7.47%	315,686	$14.7M	Add +1.4%
IVV iShares Core S&P 500 ETF	6.30%	18,098	$12.4M	Add +0.1%
DYNF Ishrs US E F R A ETF-Usd Inc.	5.51%	178,375	$10.8M	Reduce -0.4%
IVE iShares S&P 500 Value ETF	5.46%	50,684	$10.7M	Add +38.1%
IEMG iShares Core MSCI Emerging	4.80%	140,640	$9.5M	Add +17.3%
IVW iShares S&P 500 Growth ETF	4.69%	74,866	$9.2M	Add +0.1%
OEF iShares S&P 100 ETF	3.88%	22,247	$7.6M	Reduce -0.2%
EFV iShares MSCI Eafe Value ETF	3.63%	99,945	$7.1M	Reduce -13.3%
TLH iShares 10-20 Year Treasury	2.94%	56,991	$5.8M	Reduce -5.8%
MUB iShares National Muni Bond E	2.56%	47,043	$5.0M	Add +2.5%
MBB iShares MBS ETF	2.50%	51,667	$4.9M	Add +2.5%
QUAL iShares MSCI USA Quality Fac	2.24%	22,184	$4.4M	Reduce -45.5%
THRO iShares U.S. Thematic Rotati	2.10%	107,091	$4.1M	Add +0.8%
BAI Ishrs AI in and Tech Act ETF	1.96%	116,037	$3.9M	Add +0.6%
MTUM iShares MSCI USA Momentum Fa	1.92%	15,129	$3.8M	Add +63.3%
BINC iShares Flex I A ETF-Usd Inc.	1.89%	70,552	$3.7M	Add +2.3%
IAU iShares Gold Trust	1.52%	36,847	$3.0M	Reduce -6.7%
IAGG iShares Intl Aggregate Bond	1.51%	59,251	$3.0M	Add +2.7%
SCHG Schwab US Large-Cap Growth	1.41%	85,311	$2.8M	Add +0.6%
ACIO Aptus Collared Invest Opp	1.24%	55,929	$2.4M	Reduce -4.4%
IBB iShares Biotechnology ETF	1.18%	13,791	$2.3M	New
GGG Graco Inc.	1.11%	26,762	$2.2M	No change
BSCT Invesco Bulletshares 2029 CB	1.06%	110,535	$2.1M	Add +3.6%
BSCU Invesco Bulletshares 2030 CB	1.00%	115,731	$2.0M	New
VTI VG Morningstar TS MKT ETF-US	0.93%	5,474	$1.8M	Reduce -2.1%
DRSK Aptus Defined Risk ETF	0.92%	63,789	$1.8M	Reduce -1.2%
ITA iShares U.S. Aerospace & Def	0.91%	8,385	$1.8M	Add +0.3%
AVDV Avantis Intl S/C Value ETF	0.89%	18,589	$1.7M	Add +3.6%
SPSK SP Funds Dow Jones Global Su	0.85%	91,385	$1.7M	No change
IDUB Aptus Intl Enhan YLD ETF	0.74%	60,111	$1.5M	Reduce -5.9%
EMB iShares JP Morgan Usd Emergi	0.73%	14,832	$1.4M	Add +3.3%
VXUS Vanguard Total Intl Stock	0.72%	18,797	$1.4M	Reduce -1.6%
BSCQ Invesco Bulletshares 2026 CB	0.69%	69,455	$1.4M	Add +2.9%
DUBS Aptus LRG Cap Enh YLD ETF	0.66%	34,352	$1.3M	Reduce -4.9%
GOOGL Alphabet Inc. Class A	0.64%	4,052	$1.3M	Add +2.2%
UNP Union Pacific Corp.	0.62%	5,258	$1.2M	No change
ADME Aptus Drwdwn MGD Eqty ETF	0.52%	20,034	$1.0M	Reduce -5.1%
GOVT iShares US Treasury Bond ETF	0.52%	44,370	$1.0M	Add +7.5%
SPYM Ste STR SPDR PT S&P 500 ETF	0.50%	12,247	$982K	Reduce -3.8%
CRWD CrowdStrike Holdings Inc. Class A	0.50%	2,094	$982K	Add +5.1%
SPY SS SPDR S&P 500 ETF Trust-US	0.48%	1,374	$940K	Add +12.6%
FISR SS Fi Sector Rotation	0.47%	35,606	$923K	Add +34.6%
SYSB iShares Systematic Bond ETF	0.45%	9,948	$893K	New
DEFR Aptus Deferred Income ETF	0.45%	33,164	$886K	Add +0.2%
ROKU Roku Inc.	0.45%	8,150	$884K	Add +5.2%
AAPL Apple Inc.	0.45%	3,243	$882K	Add +2.8%
VEA Vanguard Ftse Developed ETF	0.44%	13,736	$858K	Reduce -7.1%
HIMU iShares High Yild Muni A ETF	0.42%	16,869	$821K	Add +2.9%
ANET Arista Networks Inc.	0.41%	6,180	$810K	Add +1.1%
OSCV Opus Small Cap Value ETF	0.40%	21,308	$789K	Reduce -0.6%
HCA HCA Healthcare Inc.	0.39%	1,637	$764K	Add +4.9%
XLF SS Financial Select Sector	0.39%	13,833	$758K	Add +1.4%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	0.38%	7,212	$755K	Add +5.1%
XLI SS Industrial Select Sector	0.38%	4,823	$748K	Add +1.5%
JUCY Aptus Enhanced Yield ETF	0.38%	33,538	$745K	Add +0.8%
TRV The Travelers Cos Inc.	0.37%	2,532	$734K	No change
XLV SS Health Care Select Sector	0.37%	4,741	$734K	Add +1.2%
LVHI Franklin International Low V	0.37%	19,768	$728K	Reduce -0.1%
BSCS Invesco Bulletshares 2028 CB	0.36%	34,788	$717K	Add +4.7%
BSCR Invesco Bulletshares 2027 CB	0.36%	35,953	$710K	Add +5.1%
SPTL SS SPDR PF LNG TRM TSY E-Usd	0.36%	26,594	$704K	Add +39.6%
NVDA Nvidia Corp.	0.35%	3,742	$698K	Add +3.1%
VWO Vanguard Ftse Emerging Marke	0.35%	12,901	$694K	Reduce -0.1%
GOOS Canada Goose Holdings Inc.	0.34%	51,678	$669K	Add +146.2%
BF.A Brown-Forman Corp. Class A	0.32%	23,725	$629K	Add +102.8%
XLC SS Comm Select Sector SPDR	0.31%	5,261	$619K	Add +1.5%
EFG iShares MSCI Eafe Growth ETF	0.31%	5,309	$605K	Reduce -29.7%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.30%	13,915	$594K	Add +1.6%
XLE SS Energy Select Sector	0.30%	13,231	$592K	Add +0.9%
RSP Invesco S&P 500 Equal Weight	0.30%	3,079	$590K	Reduce -0.0%
Z Zillow Group Inc. Class C	0.29%	8,427	$575K	Add +8.2%
AMZN Amazon.com Inc.	0.29%	2,470	$570K	Add +8.3%
IEI iShares 3-7 Year Treasury Bo	0.28%	4,623	$552K	New
UBER Uber Technologies Inc.	0.26%	6,210	$507K	Add +10.9%
JGRO JPMorgan Active Growth ETF	0.25%	5,386	$500K	Add +0.8%
VRT Vertiv Holdings Co. Class A	0.25%	3,065	$497K	Add +5.0%
GNRC Generac Holdings Inc.	0.25%	3,560	$485K	Add +9.9%
XLSR SS US Sector Rotation	0.25%	7,757	$483K	Add +3.7%
ADBE Adobe Inc.	0.24%	1,350	$472K	Add +6.4%
IYW iShares Ustechnology ETF	0.24%	2,339	$467K	Reduce -2.6%
TSPA T Rowe Price US Eqy Research	0.24%	10,841	$464K	Reduce -3.0%
WFC Wells Fargo & Co.	0.23%	4,903	$457K	Add +7.5%
IQLT iShares MSCI International Q	0.23%	10,020	$455K	Add +1.2%
UPSD Aptus Large Cap Upside ETF	0.23%	16,669	$446K	Reduce -0.0%
IWM iShares Russell 2000 ETF	0.21%	1,701	$419K	Reduce -1.6%
ICVT iShares Convertible Bond ETF	0.21%	4,167	$410K	Add +23.6%
SCHV Schwab US Large-Cap Value	0.21%	13,854	$410K	Add +0.8%
MSTR Strategy Inc.	0.21%	2,671	$406K	New
MDYG SS SPDR S&P 400 MC GR ETF	0.18%	3,871	$358K	Add +0.6%
HIMS Hims & Hers Health Inc.	0.17%	10,349	$336K	Add +10.2%
WEC WEC Energy Group Inc.	0.17%	3,126	$330K	Add +0.8%
TOST Toast Inc. Class A	0.17%	9,145	$325K	Add +11.5%
SOFI Sofi Technologies Inc.	0.16%	12,136	$318K	Add +6.4%
SPEM State Street SP PTF Em ETF	0.16%	6,697	$313K	Add +11.8%
GLD SPDR Gold Shares	0.15%	768	$304K	Add +3.2%
XLRE SS Real Estate Select Sector	0.14%	6,929	$280K	Add +1.6%
SPDW Ste STR SPDR PT DW Eu ETF	0.14%	6,195	$275K	New
SCHK Schwab 1000 Index ETF	0.13%	8,000	$262K	No change
HOOD Robinhood Markets Inc. Class A	0.13%	2,208	$250K	New
EEMV iShares MSCI Emg MKT Min Vol	0.13%	3,878	$248K	Add +1.8%
SPSM SS SPDR P S&P 600 Small Cap	0.12%	5,242	$246K	Reduce -8.9%
QQQ Invesco QQQ Trust Series 1	0.12%	375	$230K	Add +0.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.11%	3,968	$218K	New
XLB SS Materials Select Sector	0.11%	4,809	$218K	No change
SHM SS SPDR N Ice St Muni ETF	0.11%	4,499	$216K	Add +1.7%
IJR iShares Core S&P Small-Cap E	0.11%	1,789	$215K	New
SCHP Schwab U.S. Tips ETF	0.11%	8,044	$213K	Add +2.6%
MDT Medtronic PLC	0.11%	2,174	$210K	No change
CERY SS SPDR BBG En RY CM St N-Ui	0.10%	7,201	$206K	Add +2.4%
TIPX SS SPDR BB 1-10YR Tips ETF	0.10%	10,186	$194K	New
LAES Sealsq Corp.	0.05%	24,974	$94K	New

Portfolio Sells Q3 2025 → Q4 2025


QUAL iShares MSCI USA Quality Fac	Reduce -45.5%	2.24%	−1.88
XLK SS Technology Select Sector	Sold out	0.00%	−1.25
BSCP Invesco Bulletshares 2025 CB	Sold out	0.00%	−1.02
STIP iShares 0-5 Year Tips Bond E	Sold out	0.00%	−0.68
DELL Dell Technologies -C	Sold out	0.00%	−0.45
EFV iShares MSCI Eafe Value ETF	Reduce -13.3%	3.63%	−0.45
TLH iShares 10-20 Year Treasury	Reduce -5.8%	2.94%	−0.30
OXY Occidental Petroleum Corp.	Sold out	0.00%	−0.27
EFG iShares MSCI Eafe Growth ETF	Reduce -29.7%	0.31%	−0.14
JNK SS SPDR BB High Yield Bond	Sold out	0.00%	−0.14
BIL SS SPDR BB 1-3M T-Bill ETF	Sold out	0.00%	−0.13
SCHX Schwab US Large-Cap ETF	Sold out	0.00%	−0.11
ACIO Aptus Collared Invest Opp	Reduce -4.4%	1.24%	−0.08
DRSK Aptus Defined Risk ETF	Reduce -1.2%	0.92%	−0.05
IDUB Aptus Intl Enhan YLD ETF	Reduce -5.9%	0.74%	−0.04
ADME Aptus Drwdwn MGD Eqty ETF	Reduce -5.1%	0.52%	−0.04
DUBS Aptus LRG Cap Enh YLD ETF	Reduce -4.9%	0.66%	−0.03
VTI VG Morningstar TS MKT ETF-US	Reduce -2.1%	0.93%	−0.03
OSCV Opus Small Cap Value ETF	Reduce -0.6%	0.40%	−0.03
VEA Vanguard Ftse Developed ETF	Reduce -7.1%	0.44%	−0.03
SPYM Ste STR SPDR PT S&P 500 ETF	Reduce -3.8%	0.50%	−0.02
SPSM SS SPDR P S&P 600 Small Cap	Reduce -8.9%	0.12%	−0.01
VWO Vanguard Ftse Emerging Marke	Reduce -0.1%	0.35%	−0.01
DYNF Ishrs US E F R A ETF-Usd Inc.	Reduce -0.4%	5.51%	−0.01
VXUS Vanguard Total Intl Stock	Reduce -1.6%	0.72%	−0.01
TSPA T Rowe Price US Eqy Research	Reduce -3.0%	0.24%	−0.01
IYW iShares Ustechnology ETF	Reduce -2.6%	0.24%	−0.01
IWM iShares Russell 2000 ETF	Reduce -1.6%	0.21%	−0.01
UPSD Aptus Large Cap Upside ETF	Reduce -0.0%	0.23%	−0.00
RSP Invesco S&P 500 Equal Weight	Reduce -0.0%	0.30%	−0.00
OEF iShares S&P 100 ETF	Reduce -0.2%	3.88%	+0.01
LVHI Franklin International Low V	Reduce -0.1%	0.37%	+0.01
IAU iShares Gold Trust	Reduce -6.7%	1.52%	+0.02

Portfolio Buys Q3 2025 → Q4 2025


IVE iShares S&P 500 Value ETF	Add +38.1%	5.46%	+1.51
IBB iShares Biotechnology ETF	New	1.18%	+1.18
BSCU Invesco Bulletshares 2030 CB	New	1.00%	+1.00
MTUM iShares MSCI USA Momentum Fa	Add +63.3%	1.92%	+0.69
IEMG iShares Core MSCI Emerging	Add +17.3%	4.80%	+0.69
SYSB iShares Systematic Bond ETF	New	0.45%	+0.45
IEI iShares 3-7 Year Treasury Bo	New	0.28%	+0.28
MSTR Strategy Inc.	New	0.21%	+0.21
GOOS Canada Goose Holdings Inc.	Add +146.2%	0.34%	+0.19
BF.A Brown-Forman Corp. Class A	Add +102.8%	0.32%	+0.16
GOOGL Alphabet Inc. Class A	Add +2.2%	0.64%	+0.14
SPDW Ste STR SPDR PT DW Eu ETF	New	0.14%	+0.14
HOOD Robinhood Markets Inc. Class A	New	0.13%	+0.13
BAC Bank of America Corp.	New	0.11%	+0.11
FISR SS Fi Sector Rotation	Add +34.6%	0.47%	+0.11
IJR iShares Core S&P Small-Cap E	New	0.11%	+0.11
TIPX SS SPDR BB 1-10YR Tips ETF	New	0.10%	+0.10
SPTL SS SPDR PF LNG TRM TSY E-Usd	Add +39.6%	0.36%	+0.09
EL Estee Lauder Companies Class A	Add +5.1%	0.38%	+0.07
AVDV Avantis Intl S/C Value ETF	Add +3.6%	0.89%	+0.06
SPY SS SPDR S&P 500 ETF Trust-US	Add +12.6%	0.48%	+0.05
LAES Sealsq Corp.	New	0.05%	+0.05
ROKU Roku Inc.	Add +5.2%	0.45%	+0.05
HCA HCA Healthcare Inc.	Add +4.9%	0.39%	+0.04
XLV SS Health Care Select Sector	Add +1.2%	0.37%	+0.03
WFC Wells Fargo & Co.	Add +7.5%	0.23%	+0.03
ICVT iShares Convertible Bond ETF	Add +23.6%	0.21%	+0.03
AAPL Apple Inc.	Add +2.8%	0.45%	+0.03
AMZN Amazon.com Inc.	Add +8.3%	0.29%	+0.03
VRT Vertiv Holdings Co. Class A	Add +5.0%	0.25%	+0.02
GOVT iShares US Treasury Bond ETF	Add +7.5%	0.52%	+0.02
GLD SPDR Gold Shares	Add +3.2%	0.15%	+0.02
EMB iShares JP Morgan Usd Emergi	Add +3.3%	0.73%	+0.01
MUB iShares National Muni Bond E	Add +2.5%	2.56%	+0.01
SPEM State Street SP PTF Em ETF	Add +11.8%	0.16%	+0.01
XLSR SS US Sector Rotation	Add +3.7%	0.25%	+0.01
BSCT Invesco Bulletshares 2029 CB	Add +3.6%	1.06%	+0.01
BSCR Invesco Bulletshares 2027 CB	Add +5.1%	0.36%	+0.01
TOST Toast Inc. Class A	Add +11.5%	0.17%	+0.01
BSCS Invesco Bulletshares 2028 CB	Add +4.7%	0.36%	+0.01
ADBE Adobe Inc.	Add +6.4%	0.24%	+0.01
SOFI Sofi Technologies Inc.	Add +6.4%	0.16%	+0.00
SCHG Schwab US Large-Cap Growth	Add +0.6%	1.41%	+0.00
ITA iShares U.S. Aerospace & Def	Add +0.3%	0.91%	+0.00
IQLT iShares MSCI International Q	Add +1.2%	0.23%	+0.00
BSCQ Invesco Bulletshares 2026 CB	Add +2.9%	0.69%	+0.00
THRO iShares U.S. Thematic Rotati	Add +0.8%	2.10%	+0.00
NVDA Nvidia Corp.	Add +3.1%	0.35%	+0.00
XLF SS Financial Select Sector	Add +1.4%	0.39%	+0.00
QQQ Invesco QQQ Trust Series 1	Add +0.5%	0.12%	+0.00

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q1 2026	98	$193.9M	IUSB, IVV, IVE, IVW, DYNF
Q4 2025	111	$196.8M	IUSB, IVV, DYNF, IVE, IEMG
Q3 2025	108	$191.9M	IUSB, IVV, DYNF, IVW, QUAL
Q2 2025	103	$180.8M	IUSB, IVV, QUAL, EFV, IVW
Q1 2025	101	$167.0M	IUSB, IVV, QUAL, IVW, DYNF
Q4 2024	98	$168.5M	IVV, IUSB, IVW, DYNF, QUAL
Q3 2024	98	$167.2M	IUSB, IVV, IVW, DYNF, QUAL
Q2 2024	103	$154.0M	IVV, IUSB, IVW, DYNF, QUAL
Q1 2024	91	$142.0M	IVV, IUSB, QUAL, DYNF, MUB