Vermillion Wealth Management, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 23, 2025), Vermillion Wealth Management, Inc. reported 1,471 stock positions worth $365.3 million. Its top holding was Dimensional US Eq MKT ETF (DFUS) at 12.9% of the portfolio, followed by Vanguard Total Bond Market (BND, 6.5%) and Dimensional Core Fixed (DFCF, 5.7%). Compared with Q2 2025, it opened 954 new positions, sold out of 15, added to 193 and reduced 58. The biggest buy was a new position in Schwab Short-Term Bond Index (SWSBX) and the biggest sale Vanguard Info Tech ETF (VGT, shares −7%).

Most Recent 13F
Q2 2026
Location
ROSEMOUNT, MN
CIK
0001737012
Portfolio Value
$365.3M (Q3 2025)
SEC Filing
0001398344-25-019666 ↗ filed Oct 23, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q4 2024: $195.3M Q4 2024 Q1 2025: $335.8M Q1 2025 Q2 2025: $209.5M Q2 2025 Q3 2025: $365.3M $365.3M Q3 2025 Q4 2025: $244.0M Q4 2025 Q1 2026: $251.2M Q1 2026 Q2 2026: $418.3M Q2 2026

Holdings 1,471 stocks · $365.3M
DFUS Dimensional US Eq MKT ETF 12.89% 649,787 $47.1M Add +0.8%
BND Vanguard Total Bond Market 6.46% 317,127 $23.6M Add +4.6%
DFCF Dimensional Core Fixed Inc. 5.68% 485,235 $20.7M Add +7.5%
SWSBX Schwab Short-Term Bond Index 4.17% 1,572,943 $15.2M New
DFAI Dimensional International Co. 3.10% 311,702 $11.3M Add +10.9%
VGT Vanguard Info Tech ETF 2.85% 13,933 $10.4M Reduce -7.3%
DFGX Dimsnl Intr CF in ETF-Usd Inc. 2.69% 182,305 $9.8M Add +11.9%
DFAS Dimensional US Small Cap ETF 2.47% 131,526 $9.0M Reduce -3.4%
DFUSX Dfa US LRG Comp Port-Inst 1.83% 150,884 $6.7M New
SNSXX Schwab US Treasury Money-Inv 1.70% 6,225,865 $6.2M New
VIG Vanguard Dividend Apprec ETF 1.62% 27,383 $5.9M Add +1.6%
BRK.B Berkshire Hathaway Inc. Class B 1.57% 11,390 $5.7M Reduce -1.0%
VTEAX Vanguard T/E Bond Index-Adm 1.49% 272,254 $5.4M New
DFAE Dimensional Emerging Core Eq 1.48% 171,367 $5.4M Add +9.2%
SWPPX Schwab S&P 500 Index-Sel 1.25% 265,191 $4.6M New
SWAGX Schwab US Agg BND Indx 1.25% 506,228 $4.6M New
VFIAX Vanguard 500 Index-Adm 1.24% 7,330 $4.5M New
SNOXX Schwab Trsry Obl MNY-Inv 1.20% 4,380,889 $4.4M New
SWVXX Schwa Prime Adv Money FD-Inv filed as SCHWAB PRIME ADVANTAGE MONEY INVESTOR 1.16% 4,252,763 $4.3M New
SCHD Schwab US DVD Equity ETF 1.06% 141,965 $3.9M Add +1.4%
DFNM Dimensional National Muni BD 1.01% 76,998 $3.7M Add +1.5%
VOO Vanguard S&P 500 ETF 0.91% 5,457 $3.3M Add +0.9%
DMNBX Dfa MN Municipal BND-Inst 0.82% 302,184 $3.0M New
SUTXX Schwab US Treasury Money-Ult 0.71% 2,606,380 $2.6M New
VTWG Vanguard Russell 2000 Growth 0.71% 11,035 $2.6M Add +6.0%
AAPL Apple Inc. 0.67% 9,646 $2.5M Add +0.5%
VTEB Vanguard Tax-Exempt Bond ETF 0.64% 46,353 $2.3M Add +2.0%
LLY Eli Lilly & Co. 0.62% 2,984 $2.3M Add +5.7%
NVDA Nvidia Corp. 0.53% 10,335 $1.9M Add +1.6%
SCHX Schwab US Large-Cap ETF 0.47% 65,730 $1.7M Add +1.6%
VYM Vanguard High DVD Yield ETF 0.47% 12,101 $1.7M Add +4.3%
VNQ Vanguard Real Estate ETF 0.44% 17,560 $1.6M Add +10.8%
DFQTX Dfa US Core Eqty 2 Port-Inst 0.42% 35,743 $1.5M New
SWTSX Schwab Tot STK MRKT Indx 0.42% 94,478 $1.5M New
DFSB Dim GLB Sustain Fix Inc. ETF 0.42% 28,619 $1.5M Add +19.7%
DFAC Dimensional US Core Equity 2 0.39% 36,697 $1.4M Reduce -0.1%
DHRIX Diamond Hill Core Bond-I 0.37% 148,682 $1.4M New
DFSMX Dfa SHRT-TRM Muni BND-Inst filed as DFA SHORT TERM MUNICIPAL BOND I 0.36% 129,710 $1.3M New
TREASURY BILL (B 0 12/11/25) filed as US TREASURY BILL25U S T BILL DUE 12/11/25 0.35% 1,300,000 $1.3M New
SWTXX Schwab Municipal Money-Inv 0.35% 1,261,086 $1.3M New
XEL Xcel Energy Inc. 0.34% 15,573 $1.3M Add +0.4%
VTI VG Morningstar TS MKT ETF-US 0.34% 3,770 $1.2M Add +0.2%
CAT Caterpillar Inc. 0.33% 2,539 $1.2M Reduce -0.3%
VTWO Vanguard Russell 2000 ETF 0.32% 11,868 $1.2M Add +0.1%
SCOXX Schwab Trsry Obl MNY-Ult 0.31% 1,138,503 $1.1M New
SPY SS SPDR S&P 500 ETF Trust-US 0.31% 1,701 $1.1M Reduce -0.5%
XME SS SPDR S&P Metals Mining 0.31% 12,025 $1.1M Add +5.8%
VIMAX VNGD Mrngst MD-CP Idx FD-Adm 0.30% 3,004 $1.1M New
DFSU Dimensional US Sus CORE1 ETF 0.28% 24,121 $1.0M Reduce -28.7%
MSFT Microsoft Corp. 0.28% 1,974 $1.0M Add +1.9%
MINNESOTA ST-D-REF (MN MNS 5 08/01/2026) 0.28% 1,000,000 $1.0M New
DFAT Dimensional US Target Value 0.24% 14,933 $869K Add +7.0%
AMZN Amazon.com Inc. 0.24% 3,911 $859K Add +3.6%
XLK SS Technology Select Sector 0.23% 3,027 $853K Add +0.4%
DFAPX Dfa Investment Grade Port 0.23% 83,232 $853K New
WMT Walmart Inc. 0.21% 7,606 $784K Reduce -0.9%
SCHG Schwab US Large-Cap Growth 0.21% 24,196 $772K Add +6.8%
PICK iShares MSCI Global Metals & 0.21% 17,168 $764K Add +8.9%
DFIS Dimensional International SM 0.20% 23,239 $735K Add +25.2%
SCHR Schwab Intermediate-Term US 0.20% 28,367 $713K Reduce -10.0%
BNDX Vanguard Total Intl Bond ETF 0.19% 14,354 $710K Add +38.6%
VXUS Vanguard Total Intl Stock 0.19% 9,481 $697K Add +9.3%
WFC Wells Fargo & Co. 0.19% 8,243 $691K Add +1.8%
ITA iShares U.S. Aerospace & Def 0.17% 3,050 $638K Add +0.4%
HRL Hormel Foods Corp. 0.17% 25,503 $631K No change
DFXIX Dfa Diversifed Fix Inc.-Inst 0.17% 67,134 $630K New
TSLA Tesla Inc. 0.17% 1,408 $626K Add +4.5%
SCHZ Schwab US Aggregate Bond ETF 0.17% 26,362 $619K Reduce -9.8%
SWISX Schwab Intl Indx 0.16% 20,283 $578K New
ROSEMOUNT - A (MN RSM 4 02/01/2048) 0.16% 600,000 $567K New
DFIC Dimensional International Co. 0.15% 16,864 $553K Add +2.2%
SWSSX Schwab Small-Cap Index 0.15% 13,885 $548K New
FTRNX Fidelity Trend Fund 0.15% 2,593 $541K New
TREASURY BILL (B 0 12/04/25) filed as US TREASURY BILL25U S T BILL DUE 12/04/25 0.14% 527,000 $523K New
SCHF Schwab Intl Equity ETF 0.14% 22,182 $516K Reduce -1.8%
DREVX BNYM Large Cap Securities filed as BNY MELLON LARGE CAP SECURITIES INC 0.14% 24,123 $502K New
COST Costco Wholesale Corp. 0.14% 539 $499K Add +8.0%
SCMIX Columbia SLGM Tech & Info-I2 0.13% 2,510 $492K New
ORCL Oracle Corp. 0.13% 1,743 $490K Add +1.3%
S WASHINGTON CO#833-A (MN SWHSCD 4 02/01/2042) filed as SOUTH WASHINGTON CN 4 42GO UTX DUE 02/01/42 0.13% 500,000 $488K New
DFSTX Dfa US Small Cap Portfolio 0.13% 9,465 $488K New
DE Deere & Co. 0.13% 1,063 $486K Reduce -0.8%
DFSI Dimensional Int Sus COR1 ETF 0.13% 11,710 $480K Add +39.8%
FPE FT-Preferred Secur & Inc. ETF 0.13% 25,351 $462K Add +0.3%
HILLS BEAVER CR ISD#6 (MN HLSSCD 4 02/01/2040) 0.12% 450,000 $455K New
ECL Ecolab Inc. 0.12% 1,658 $454K No change
ELK RIVER ISD#728-A (MN ELKSCD 4 02/01/2041) 0.12% 450,000 $448K New
FWMIX Amer FND Wash Mut Inv-F3 filed as AMERICAN FUNDS WASHINGTON MUTUAL F3 0.12% 6,622 $443K New
FRIAX Franklin Income Fund-Adv 0.12% 173,156 $424K New
ALE Allete Inc. 0.12% 6,359 $422K No change
META Meta Platforms Inc. Class A 0.11% 559 $411K Add +1.1%
DGSIX Dfa GLBL All 60/40 Port-Inst filed as DFA GLOBAL ALLOCATION 60/40 I 0.11% 17,642 $407K New
GOOGL Alphabet Inc. Class A 0.11% 1,665 $405K Add +33.8%
FLRN SS SPDR BB Ig Float RT ETF 0.11% 12,736 $393K Reduce -20.3%
DFWIX World Ex-US Core Equity-Inst filed as DFA WORLD EX US CORE EQUITY INSTL 0.10% 23,236 $379K New
GLDM SPDR Gold Minishares Trust 0.10% 4,942 $378K No change
VAFIX Invesco American Franch-Y 0.10% 10,052 $361K New
VUG Vanguard Mrngstar GR ETF-Sui 0.10% 741 $355K Add +0.5%
NINDX Columbia Large Cap Index-I 0.10% 5,784 $350K New
IJR iShares Core S&P Small-Cap E 0.09% 2,897 $344K Reduce -8.3%

Show all 1,471 holdings

Other holdings (64): bonds, preferreds, convertibles and warrants · $4.9M (not counted above)
SecurityClassShares / PrincipalValueChange
US TREASURY N/B (T 2.375 04/30/26) Fixed Income 1,151,000$1.1MNew
US TREASURY N/B (T 2.25 11/15/25) TREASURY 490,000$489KNew
US TREASURY N/B (T 4.875 11/30/25) FIX 396,000$396KNew
MORGAN STANLEY (MS 5.85 PERP K) Bond 9,212$226KNew
US TREASURY N/B (T 2.5 02/28/26) FIXED 219,000$218KNew
US TREASURY N/B (T 2.625 01/31/26) NOT 197,000$196KNew
US TREASURY N/B (T 4.25 05/15/35) FIX 116,000$117KNew
US TREASURY N/B (T 4.25 01/31/26) Fixed Income 98,000$98KNew
US TREASURY N/B (T 4.25 10/15/25) TREASURY 90,000$90KNew
US TREASURY N/B (T 4.5 07/15/26) FIX 77,000$77KNew
US TREASURY N/B (T 6.625 02/15/27) TREASURY BONDS 72,000$75KNew
US TREASURY N/B (T 2.5 02/15/45) FIX 100,000$72KNew
US TREASURY N/B (T 1.375 08/31/26) NOT 70,000$69KNew
US TREASURY N/B (T 4.125 02/28/27) US Treasury 61,000$61KNew
US TREASURY N/B (T 1.5 08/15/26) NOT 54,000$53KNew
US TREASURY N/B (T 2.875 11/30/25) #N/A 52,000$52KNew
US TREASURY N/B (T 4.5 11/15/33) NOT 49,000$51KNew
MORGAN STANLEY (MS 6.375 PERP I) Preferred Stock 2,019$51KNew
US TREASURY N/B (T 1.875 07/31/26) TREASURY 50,000$49KNew
US TREASURY N/B (T 6 02/15/26) FIX 48,000$48KNew
US TREASURY N/B (T 4.125 11/15/32) TREASURY 47,000$48KNew
US TREASURY N/B (T 4 02/15/34) TREASURY 47,000$47KNew
US TREASURY N/B (T 4.875 04/30/26) Fixed Income 44,000$44KNew
US TREASURY N/B (T 4.375 08/15/26) COM 44,000$44KNew
US TREASURY N/B (T 2 11/15/26) FIX 45,000$44KNew
US TREASURY N/B (T 5.375 02/15/31) TREASURY BONDS 40,000$43KNew
US TREASURY N/B (T 1.75 12/31/26) NOT 44,000$43KNew
US TREASURY N/B (T 5.5 08/15/28) TREASURY BONDS 40,000$42KNew
US TREASURY N/B (T 2.625 12/31/25) #N/A 42,000$42KNew
US TREASURY N/B (T 4.25 03/15/27) Bond 41,000$41KNew
US TREASURY N/B (T 4.25 06/30/31) TREASURY 40,000$41KNew
US TREASURY N/B (T 4.125 03/31/29) TREASURY 40,000$41KNew
US TREASURY N/B (T 4.875 05/31/26) NOT 39,000$39KNew
US TREASURY N/B (T 2.25 03/31/26) FIXED 37,000$37KNew
MORGAN STANLEY (MS 7.125 PERP E) PFD 1,420$36KNew
US TREASURY N/B (T 4.125 07/31/28) TREASURY 31,000$31KNew
US TREASURY N/B (T 4 02/28/30) TREASURY 31,000$31KNew
US TREASURY N/B (T 0.75 08/31/26) NOT 32,000$31KNew
US TREASURY N/B (T 5.25 11/15/28) TREASURY BONDS 29,000$30KNew
US TREASURY N/B (T 4.625 09/30/30) TREASURY 29,000$30KNew
US TREASURY N/B (T 4.875 10/31/28) TREASURY 29,000$30KNew
US TREASURY N/B (T 4.5 11/15/25) FIX 30,000$30KNew
US TREASURY N/B (T 1.625 02/15/26) Bond 30,000$30KNew
US TREASURY N/B (T 4.125 10/31/26) FIX 26,000$26KNew
US TREASURY N/B (T 4.375 07/31/26) FIX 25,000$25KNew
US TREASURY N/B (T 4 10/31/29) TREASURY 22,000$22KNew
US TREASURY N/B (T 4.625 09/15/26) TREASURY 22,000$22KNew
US TREASURY N/B (T 4.625 04/30/31) FIX 20,000$21KNew
US TREASURY N/B (T 4.25 11/15/34) TREASURY 20,000$20KNew
CHS INC (CHSINC V6.75 PERP 3) PFD 813$20KNew
US TREASURY N/B (T 3.875 05/31/27) FIX 19,000$19KNew
US TREASURY N/B (T 1.875 02/28/27) TREASURY 19,000$19KNew
CHS INC (CHSINC V7.1 PERP 2) PREFERRED STOCK 743$19KNew
US TREASURY N/B (T 4.125 08/31/30) FIX 18,000$18KNew
US BANCORP (USB F PERP B*) COM 899$18KNew
US TREASURY N/B (T 4.25 02/28/29) TREASURY 17,000$17KNew
US TREASURY N/B (T 4.125 09/30/27) TREASURY 17,000$17KNew
US TREASURY N/B (T 4.125 02/15/27) Bond 17,000$17KNew
US TREASURY N/B (T 0.75 05/31/26) FIX 17,000$17KNew
CHS INC (CHSINC 7.5 PERP 4) PFD 634$16KNew
US TREASURY N/B (T 4.125 06/15/26) NOT 16,000$16KNew
US TREASURY N/B (T 4.375 11/30/30) TREASURY 13,000$13KNew
CHS INC (CHSINC 7.875 PERP 1) PFD 460$12KNew
CHS INC (CHSINC 8 PERP) PFD 192$6KNew

Total filed on the 13F, all lines: $370.2M.

Portfolio Sells Q2 2025 → Q3 2025
VGT Vanguard Info Tech ETF Reduce -7.3% 2.85% −1.91
DFAS Dimensional US Small Cap ETF Reduce -3.4% 2.47% −1.68
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.0% 1.57% −1.10
DFSU Dimensional US Sus CORE1 ETF Reduce -28.7% 0.28% −0.35
DFAC Dimensional US Core Equity 2 Reduce -0.1% 0.39% −0.24
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.5% 0.31% −0.19
SCHR Schwab Intermediate-Term US Reduce -10.0% 0.20% −0.18
SCHZ Schwab US Aggregate Bond ETF Reduce -9.8% 0.17% −0.15
WMT Walmart Inc. Reduce -0.9% 0.21% −0.14
CAT Caterpillar Inc. Reduce -0.3% 0.33% −0.14
FLRN SS SPDR BB Ig Float RT ETF Reduce -20.3% 0.11% −0.13
DE Deere & Co. Reduce -0.8% 0.13% −0.13
DFSD Dimensional Short Duration Reduce -23.9% 0.08% −0.10
SCHF Schwab Intl Equity ETF Reduce -1.8% 0.14% −0.10
IJR iShares Core S&P Small-Cap E Reduce -8.3% 0.09% −0.07
SCHA Schwab US Small-Cap ETF Reduce -12.8% 0.08% −0.06
BOND PIMCO Active Bond Exchange-T Reduce -4.3% 0.07% −0.05
ABT Abbott Laboratories Reduce -12.4% 0.05% −0.05
NOW ServiceNow Inc. Reduce -97.1% 0.00% −0.05
SCHO Schwab Short-Term US Treas Reduce -55.4% 0.02% −0.04
SMCI Super Micro Computer Inc. Reduce -21.2% 0.03% −0.04
VFH Vanguard Financials ETF Reduce -4.9% 0.06% −0.04
MU Micron Technology Inc. Reduce -95.5% 0.00% −0.04
CORP PIMCO Inv Grade Corp. BD ETF Reduce -5.1% 0.05% −0.04
RSP Invesco S&P 500 Equal Weight Reduce -27.9% 0.03% −0.04
VRNA Verona Pharma Ltd. Sold out 0.00% −0.03
DFSE Dimensional Em Sus CORE1 ETF Reduce -0.8% 0.05% −0.03
HIMU iShares High Yild Muni A ETF Sold out 0.00% −0.03
IWM iShares Russell 2000 ETF Reduce -6.1% 0.04% −0.03
XOM Exxon Mobil Corp. Reduce -11.0% 0.03% −0.03
NOBL Proshares S&P 500 Dividend A Reduce -0.8% 0.04% −0.03
DFEM Dimensional Emrg MRKT Core Reduce -5.3% 0.03% −0.02
DIA SS SPDR Dow Jones Indus Avg Reduce -29.2% 0.02% −0.02
BSV Vanguard Short-Term Bond ETF Reduce -8.0% 0.02% −0.02
MCD McDonald's Corp. Reduce -39.4% 0.01% −0.02
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -2.2% 0.03% −0.02
IQLT iShares MSCI International Q Reduce -8.7% 0.02% −0.02
CRWD CrowdStrike Holdings Inc. Class A Reduce -23.1% 0.01% −0.02
QUAL iShares MSCI USA Quality Fac Reduce -3.6% 0.03% −0.02
CRM Salesforce Inc. Reduce -54.6% 0.01% −0.02
DIS The Walt Disney Co. Reduce -3.1% 0.01% −0.01
SCHV Schwab US Large-Cap Value Reduce -3.5% 0.02% −0.01
XLF SS Financial Select Sector Reduce -16.9% 0.01% −0.01
USFR Wisdomtree Floating Rate Tre Reduce -8.0% 0.01% −0.01
XLV SS Health Care Select Sector Reduce -38.1% 0.01% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -9.1% 0.01% −0.01
SCHM Schwab US Mid Cap ETF Reduce -1.4% 0.02% −0.01
PFE Pfizer Inc. Reduce -4.4% 0.01% −0.01
RVTY Revvity Inc. Reduce -16.4% 0.01% −0.01
NET Cloudflare Inc. Class A Sold out 0.00% −0.01

Portfolio Buys Q2 2025 → Q3 2025
SWSBX Schwab Short-Term Bond Index New 4.17% +4.17
DFUSX Dfa US LRG Comp Port-Inst New 1.83% +1.83
SNSXX Schwab US Treasury Money-Inv New 1.70% +1.70
VTEAX Vanguard T/E Bond Index-Adm New 1.49% +1.49
SWPPX Schwab S&P 500 Index-Sel New 1.25% +1.25
SWAGX Schwab US Agg BND Indx New 1.25% +1.25
VFIAX Vanguard 500 Index-Adm New 1.24% +1.24
SNOXX Schwab Trsry Obl MNY-Inv New 1.20% +1.20
SWVXX Schwa Prime Adv Money FD-Inv New 1.16% +1.16
DMNBX Dfa MN Municipal BND-Inst New 0.82% +0.82
SUTXX Schwab US Treasury Money-Ult New 0.71% +0.71
DFQTX Dfa US Core Eqty 2 Port-Inst New 0.42% +0.42
SWTSX Schwab Tot STK MRKT Indx New 0.42% +0.42
DHRIX Diamond Hill Core Bond-I New 0.37% +0.37
DFSMX Dfa SHRT-TRM Muni BND-Inst New 0.36% +0.36
TREASURY BILL (B 0 12/11/25) New 0.35% +0.35
SWTXX Schwab Municipal Money-Inv New 0.35% +0.35
SCOXX Schwab Trsry Obl MNY-Ult New 0.31% +0.31
VIMAX VNGD Mrngst MD-CP Idx FD-Adm New 0.30% +0.30
MINNESOTA ST-D-REF (MN MNS 5 08/01/2026) New 0.28% +0.28
DFAPX Dfa Investment Grade Port New 0.23% +0.23
DFXIX Dfa Diversifed Fix Inc.-Inst New 0.17% +0.17
SWISX Schwab Intl Indx New 0.16% +0.16
ROSEMOUNT - A (MN RSM 4 02/01/2048) New 0.16% +0.16
SWSSX Schwab Small-Cap Index New 0.15% +0.15
FTRNX Fidelity Trend Fund New 0.15% +0.15
TREASURY BILL (B 0 12/04/25) New 0.14% +0.14
DREVX BNYM Large Cap Securities New 0.14% +0.14
SCMIX Columbia SLGM Tech & Info-I2 New 0.13% +0.13
DFSTX Dfa US Small Cap Portfolio New 0.13% +0.13
S WASHINGTON CO#833-A (MN SWHSCD 4 02/01/2042) New 0.13% +0.13
HILLS BEAVER CR ISD#6 (MN HLSSCD 4 02/01/2040) New 0.12% +0.12
ELK RIVER ISD#728-A (MN ELKSCD 4 02/01/2041) New 0.12% +0.12
FWMIX Amer FND Wash Mut Inv-F3 New 0.12% +0.12
FRIAX Franklin Income Fund-Adv New 0.12% +0.12
DGSIX Dfa GLBL All 60/40 Port-Inst New 0.11% +0.11
DFWIX World Ex-US Core Equity-Inst New 0.10% +0.10
VAFIX Invesco American Franch-Y New 0.10% +0.10
NINDX Columbia Large Cap Index-I New 0.10% +0.10
WESLACO ISD (TX WESSCD 4.12 02/15/2049) New 0.09% +0.09
DFIEX International Core Equity 2 New 0.09% +0.09
NIXON-SMILEY CONSOL I (TX NIXSCD 4.12 08/15/2054) New 0.09% +0.09
MINNEANAPOLIS SPL SD (MN MINSCD 5 02/01/2028) New 0.09% +0.09
TREASURY BILL (B 0 11/13/25) New 0.08% +0.08
MN -A -BID GROUP 2 (MN MNS 4 09/01/2037) New 0.08% +0.08
FYMNX Nuveen MN Muni BND-I New 0.08% +0.08
PRWCX T Rowe PR Captl Apprec-Inv New 0.08% +0.08
OSSEO ISD#279-A (MN OSSSCD 4 02/01/2040) New 0.08% +0.08
MANKATO AREA ISD#77-A (MN MANSCD 4 02/01/2043) New 0.08% +0.08
ESTRN CARVER CO ISD#1 (MN CHASCD 4 02/01/2038) New 0.08% +0.08

Notes & Other Activity Q2 2025 → Q3 2025
US TREASURY N/B (T 2.375 04/30/26) Fixed Income New 1,151,000 $1.1M
US TREASURY N/B (T 2.25 11/15/25) TREASURY New 490,000 $489K
US TREASURY N/B (T 4.875 11/30/25) FIX New 396,000 $396K
MORGAN STANLEY (MS 5.85 PERP K) Bond New 9,212 $226K
US TREASURY N/B (T 2.5 02/28/26) FIXED New 219,000 $218K
US TREASURY N/B (T 2.625 01/31/26) NOT New 197,000 $196K
US TREASURY N/B (T 4.25 05/15/35) FIX New 116,000 $117K
US TREASURY N/B (T 4.25 01/31/26) Fixed Income New 98,000 $98K
US TREASURY N/B (T 4.25 10/15/25) TREASURY New 90,000 $90K
US TREASURY N/B (T 4.5 07/15/26) FIX New 77,000 $77K
US TREASURY N/B (T 6.625 02/15/27) TREASURY BONDS New 72,000 $75K
US TREASURY N/B (T 2.5 02/15/45) FIX New 100,000 $72K
US TREASURY N/B (T 1.375 08/31/26) NOT New 70,000 $69K
US TREASURY N/B (T 4.125 02/28/27) US Treasury New 61,000 $61K
US TREASURY N/B (T 1.5 08/15/26) NOT New 54,000 $53K
US TREASURY N/B (T 2.875 11/30/25) #N/A New 52,000 $52K
US TREASURY N/B (T 4.5 11/15/33) NOT New 49,000 $51K
MORGAN STANLEY (MS 6.375 PERP I) Preferred Stock New 2,019 $51K
US TREASURY N/B (T 1.875 07/31/26) TREASURY New 50,000 $49K
US TREASURY N/B (T 6 02/15/26) FIX New 48,000 $48K
US TREASURY N/B (T 4.125 11/15/32) TREASURY New 47,000 $48K
US TREASURY N/B (T 4 02/15/34) TREASURY New 47,000 $47K
US TREASURY N/B (T 4.875 04/30/26) Fixed Income New 44,000 $44K
US TREASURY N/B (T 4.375 08/15/26) COM New 44,000 $44K
US TREASURY N/B (T 2 11/15/26) FIX New 45,000 $44K
US TREASURY N/B (T 5.375 02/15/31) TREASURY BONDS New 40,000 $43K
US TREASURY N/B (T 1.75 12/31/26) NOT New 44,000 $43K
US TREASURY N/B (T 5.5 08/15/28) TREASURY BONDS New 40,000 $42K
US TREASURY N/B (T 2.625 12/31/25) #N/A New 42,000 $42K
US TREASURY N/B (T 4.25 03/15/27) Bond New 41,000 $41K
US TREASURY N/B (T 4.25 06/30/31) TREASURY New 40,000 $41K
US TREASURY N/B (T 4.125 03/31/29) TREASURY New 40,000 $41K
US TREASURY N/B (T 4.875 05/31/26) NOT New 39,000 $39K
US TREASURY N/B (T 2.25 03/31/26) FIXED New 37,000 $37K
MORGAN STANLEY (MS 7.125 PERP E) PFD New 1,420 $36K
US TREASURY N/B (T 4.125 07/31/28) TREASURY New 31,000 $31K
US TREASURY N/B (T 4 02/28/30) TREASURY New 31,000 $31K
US TREASURY N/B (T 0.75 08/31/26) NOT New 32,000 $31K
US TREASURY N/B (T 5.25 11/15/28) TREASURY BONDS New 29,000 $30K
US TREASURY N/B (T 4.625 09/30/30) TREASURY New 29,000 $30K
US TREASURY N/B (T 4.875 10/31/28) TREASURY New 29,000 $30K
US TREASURY N/B (T 4.5 11/15/25) FIX New 30,000 $30K
US TREASURY N/B (T 1.625 02/15/26) Bond New 30,000 $30K
US TREASURY N/B (T 4.125 10/31/26) FIX New 26,000 $26K
US TREASURY N/B (T 4.375 07/31/26) FIX New 25,000 $25K
US TREASURY N/B (T 4 10/31/29) TREASURY New 22,000 $22K
US TREASURY N/B (T 4.625 09/15/26) TREASURY New 22,000 $22K
US TREASURY N/B (T 4.625 04/30/31) FIX New 20,000 $21K
US TREASURY N/B (T 4.25 11/15/34) TREASURY New 20,000 $20K
CHS INC (CHSINC V6.75 PERP 3) PFD New 813 $20K

Showing the first 50 of 64.

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,480$418.3MDFUS, BND, DFCF, DFGX, SWSBX
Q1 2026 1,558$251.2MDFUS, BND, DFCF, DFGX, DFAI
Q4 2025 618$244.0MDFUS, BND, DFCF, DFGX, DFAI
Q3 2025 1,471$365.3MDFUS, BND, DFCF, SWSBX, DFAI
Q2 2025 532$209.5MDFUS, BND, DFCF, VGT, DFAI
Q1 2025 1,287$335.8MDFUS, BND, DFCF, SWSBX, SUTXX
Q4 2024 550$195.3MDFUS, BND, DFCF, BRK.B, DFGX