Winter & Associates, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Winter & Associates, Inc. reported 82 stock positions worth $108.2 million. Its top holding was Victoryshares Short-Term Bon (USTB) at 6.2% of the portfolio, followed by Vanguard Total Intl Stock (VXUS, 6.1%) and State Street SPDR S&P Midcap (MDY, 6.0%).
- Most Recent 13F
- Q2 2026
- Location
- ST. PAUL, MN
- CIK
- 0002109063
- Portfolio Value
- $108.2M (Q4 2025)
- SEC Filing
- 0002109063-26-000001 ↗ filed Feb 13, 2026
Holdings Value
Holdings 82 stocks · $108.2M
| USTB Victoryshares Short-Term Bon | 6.22% | 132,438 | $6.7M | — |
| VXUS Vanguard Total Intl Stock | 6.06% | 86,844 | $6.6M | — |
| MDY State Street SPDR S&P Midcap | 5.97% | 10,708 | $6.5M | — |
| FNDA Schwab Fndmntl US SM Co. ETF | 5.59% | 191,802 | $6.0M | — |
| COWZ Pacer US Cash Cows 100 ETF | 5.20% | 93,452 | $5.6M | — |
| AAPL Apple Inc. | 4.51% | 17,958 | $4.9M | — |
| DGRW Wisdomtree U.S. Quality Divi | 4.50% | 54,413 | $4.9M | — |
| BND Vanguard Total Bond Market | 3.81% | 55,676 | $4.1M | — |
| QQQ Invesco QQQ Trust Series 1 | 3.44% | 6,053 | $3.7M | — |
| NVDA Nvidia Corp. | 3.19% | 18,518 | $3.5M | — |
| DFIV Dimensional International Va | 3.00% | 65,052 | $3.2M | — |
| SPHB Invesco S&P 500 High Beta Et | 2.24% | 20,737 | $2.4M | — |
| VCSH Vanguard S/T Corp. Bond ETF | 2.17% | 29,388 | $2.3M | — |
| VB Vanguard Most SM-Cap ETF-Usd | 2.15% | 9,014 | $2.3M | — |
| IWL iShares Russell Top 200 ETF | 2.10% | 13,344 | $2.3M | — |
| JPIB JPMorgan Intl BND ETF | 2.02% | 44,800 | $2.2M | — |
| BNDX Vanguard Total Intl Bond ETF | 1.99% | 44,474 | $2.1M | — |
| TSLA Tesla Inc. | 1.72% | 4,139 | $1.9M | — |
| EEM iShares MSCI Emerging Market | 1.59% | 31,389 | $1.7M | — |
| VTI VG Morningstar TS MKT ETF-US | 1.58% | 5,113 | $1.7M | — |
| SPHD Invesco S&P 500 High Dividen | 1.58% | 35,629 | $1.7M | — |
| VWO Vanguard Ftse Emerging Marke | 1.22% | 24,590 | $1.3M | — |
| MMM 3M Co. | 1.18% | 7,942 | $1.3M | — |
| REZ Ishars Res and Multi Reales | 1.16% | 15,153 | $1.3M | — |
| ITOT iShares Core S&P Total U.S. | 1.11% | 8,112 | $1.2M | — |
| STIP iShares 0-5 Year Tips Bond E | 1.04% | 10,941 | $1.1M | — |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.02% | 20,477 | $1.1M | — |
| AMZN Amazon.com Inc. | 0.99% | 4,619 | $1.1M | — |
| XLRE SS Real Estate Select Sector | 0.87% | 23,366 | $943K | — |
| VNQ Vanguard Real Estate ETF | 0.86% | 10,527 | $932K | — |
| AGG iShares Core U.S. Aggregate | 0.81% | 8,737 | $873K | — |
| MSFT Microsoft Corp. | 0.77% | 1,732 | $838K | — |
| VGSH Vanguard Short-Term Treasury | 0.77% | 14,107 | $829K | — |
| ISRG Intuitive Surgical Inc. | 0.71% | 1,354 | $767K | — |
| IEMG iShares Core MSCI Emerging | 0.63% | 10,136 | $681K | — |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.60% | 2,197 | $651K | — |
| GOOGL Alphabet Inc. Class A | 0.60% | 2,069 | $647K | — |
| USCI United States Commodity Inde | 0.59% | 8,232 | $639K | — |
| TIP iShares Tips Bond ETF | 0.59% | 5,788 | $636K | — |
| IGLB iShares 10+ Year Inv GR Corp. | 0.56% | 12,059 | $608K | — |
| LTPZ PIMCO 15+ YR US Tips Indx | 0.55% | 11,538 | $597K | — |
| PSCC Invesco S&P Smallcap Consume | 0.51% | 17,595 | $547K | — |
| VOO Vanguard S&P 500 ETF | 0.51% | 872 | $547K | — |
| IDEV iShares Core MSCI Dev MKTS | 0.48% | 6,357 | $524K | — |
| GOOG Alphabet Inc. Class C | 0.48% | 1,644 | $516K | — |
| META Meta Platforms Inc. Class A | 0.47% | 771 | $509K | — |
| SABA Saba Capital Income & Opp II | 0.47% | 61,560 | $508K | — |
| BSV Vanguard Short-Term Bond ETF | 0.45% | 6,123 | $483K | — |
| PLTR Palantir Technologies Inc. Class A | 0.43% | 2,588 | $460K | — |
| VGIT Vanguard Intermediate-Term T | 0.41% | 7,469 | $448K | — |
| SHE SS SPDR MSCI U Gend Div ETF | 0.39% | 3,208 | $424K | — |
| JPM JPMorgan Chase & Co. | 0.38% | 1,285 | $414K | — |
| WMT Walmart Inc. | 0.38% | 3,713 | $414K | — |
| MOAT Vaneck Morningstar Wide Moat | 0.37% | 3,905 | $404K | — |
| BRK.B Berkshire Hathaway Inc. Class B | 0.36% | 780 | $392K | — |
| MINN Mairs & Power MN Muni Bond | 0.36% | 17,321 | $391K | — |
| LLY Eli Lilly & Co. | 0.35% | 349 | $375K | — |
| SCHD Schwab US DVD Equity ETF | 0.35% | 13,626 | $374K | — |
| UNH Unitedhealth Group Inc. | 0.32% | 1,052 | $347K | — |
| CVX Chevron Corp. | 0.29% | 2,090 | $318K | — |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.29% | 467 | $318K | — |
| V Visa Inc. Class A | 0.28% | 870 | $305K | — |
| CRM Salesforce Inc. | 0.28% | 1,137 | $301K | — |
| TSM Taiwan Semiconductor-SP ADR | 0.28% | 986 | $300K | — |
| ESML iShares ESG Aware MSCI USA S | 0.27% | 6,285 | $289K | — |
| LRCX Lam Research Corp. | 0.27% | 1,683 | $288K | — |
| DFAT Dimensional US Target Value | 0.26% | 4,805 | $286K | — |
| HON Honeywell International Inc. | 0.26% | 1,461 | $285K | — |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.25% | 5,839 | $272K | — |
| MNST Monster Beverage Corp. | 0.24% | 3,356 | $257K | — |
| ILTB iShares Core 10+ Year Usd Bo | 0.22% | 4,812 | $239K | — |
| PGR Progressive Corp. | 0.22% | 1,048 | $239K | — |
| HD Home Depot Inc. | 0.21% | 676 | $233K | — |
| TLT iShares 20+ Year Treasury BD | 0.21% | 2,622 | $229K | — |
| MCK McKesson Corp. | 0.21% | 276 | $226K | — |
| DON Wisdomtree US Midcap Dividen | 0.21% | 4,303 | $222K | — |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.20% | 1,030 | $218K | — |
| HCA HCA Healthcare Inc. | 0.20% | 465 | $217K | — |
| BLK BlackRock Inc. | 0.20% | 200 | $214K | — |
| ESGV Vanguard ESG US Stock ETF | 0.19% | 1,727 | $209K | — |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.19% | 666 | $201K | — |
| DHY UBS Asset Management High Yi filed as CREDIT SUISSE HIGH YIELD CRE | 0.05% | 26,258 | $53K | — |
Portfolio Sells Q4 2025
No earlier filing to compare with.
Portfolio Buys Q4 2025
No earlier filing to compare with.