WoodTrust Financial Corp

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), WoodTrust Financial Corp reported 145 stock positions worth $786.3 million. Its top holding was iShares MSCI Eafe ETF (EFA) at 11.5% of the portfolio, followed by Bank of America (BAC, 4.2%) and Microsoft (MSFT, 4.1%). Compared with Q1 2025, it opened 11 new positions, sold out of 29, added to 58 and reduced 23. The biggest buy was Bank of America (BAC, shares +723%) and the biggest sale an exit from Vngrd Mrngstr MD-Cap Val ETF (VOE).

Most Recent 13F
Q2 2026
Location
WISCONSIN RAPIDS, WI
CIK
0001725247
Portfolio Value
$786.3M (Q2 2025)
SEC Filing
0001725247-25-000005 ↗ filed Jul 23, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $631.3M Q1 2024 Q2 2024: $643.2M Q2 2024 Q3 2024: $703.4M Q3 2024 Q4 2024: $710.8M Q4 2024 Q1 2025: $713.9M Q1 2025 Q2 2025: $786.3M $786.3M Q2 2025 Q3 2025: $839.4M Q3 2025 Q4 2025: $856.4M Q4 2025 Q1 2026: $774.3M Q1 2026 Q2 2026: $841.4M Q2 2026

Holdings 145 stocks · $786.3M
EFA iShares MSCI Eafe ETF 11.53% 1,013,999 $90.6M Add +5.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 4.15% 127,802 $32.7M Add +723.1%
MSFT Microsoft Corp. 4.07% 64,323 $32.0M Add +0.9%
BRK.B Berkshire Hathaway Inc. Class B 4.00% 76,460 $31.5M Add +32.4%
AMZN Amazon.com Inc. 3.98% 192,278 $31.3M Add +64.0%
AMGN Amgen Inc. 3.96% 595,634 $31.2M Add +8223.6%
ASB Associated Banc-Corp. 3.75% 194,761 $29.5M Add +1015.9%
IWO iShares Russell 2000 Growth 3.30% 90,725 $25.9M Add +0.3%
IWN iShares Russell 2000 Value E 3.22% 160,669 $25.3M Reduce -1.4%
AMAT Applied Materials Inc. 3.20% 97,516 $25.2M Add +32.8%
JPM JPMorgan Chase & Co. 2.98% 80,693 $23.4M Add +1.4%
AAPL Apple Inc. 2.67% 110,345 $21.0M Add +14.7%
BRK.A Berkshire Hathaway Inc. Class A 2.21% 9,768 $17.4M Add +54166.7%
JNJ Johnson & Johnson 2.18% 112,203 $17.1M Add +3.1%
GOOGL Alphabet Inc. Class A 2.06% 91,268 $16.2M Add +3.9%
CRM Salesforce Inc. 2.05% 59,131 $16.1M Add +2.7%
AXP American Express Co. 1.85% 59,117 $14.6M Add +44.2%
WMT Walmart Inc. 1.81% 145,467 $14.2M Reduce -0.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.58% 100,071 $12.4M Add +4.1%
PYPL PayPal Holdings Inc. 1.50% 159,150 $11.8M Reduce -0.1%
GS Goldman Sachs Group Inc. 1.44% 15,974 $11.3M Reduce -0.5%
COST Costco Wholesale Corp. 1.43% 11,354 $11.2M Reduce -0.4%
HD Home Depot Inc. 1.39% 29,762 $10.9M Add +4.8%
GOOG Alphabet Inc. Class C 1.25% 56,125 $9.8M Add +6.3%
PFE Pfizer Inc. 1.24% 403,117 $9.8M Add +217.6%
PEP Pepsico Inc. 1.23% 73,085 $9.7M Add +2.9%
WM Waste Management Inc. 1.22% 41,915 $9.6M Add +6.6%
NKE Nike Inc. Class B 1.16% 128,220 $9.1M Add +15.3%
DE Deere & Co. 1.04% 16,066 $8.2M Reduce -0.3%
VRSK Verisk Analytics Inc. 1.00% 25,282 $7.9M Add +0.3%
UNH Unitedhealth Group Inc. 0.97% 24,417 $7.6M Add +1.2%
SBUX Starbucks Corp. 0.92% 79,149 $7.3M Add +3.1%
GD General Dynamics Corp. 0.87% 23,410 $6.8M Add +1.8%
HON Honeywell International Inc. 0.87% 29,285 $6.8M Add +2.9%
IDXX Idexx Laboratories Inc. 0.86% 12,619 $6.8M New
CVX Chevron Corp. 0.85% 46,912 $6.7M Add +5.9%
BILL Bill Holdings Inc. 0.82% 42,955 $6.4M Add +140.0%
NOC Northrop Grumman Corp. 0.81% 12,777 $6.4M Add +2.0%
RBA RB Global Inc. 0.44% 32,405 $3.4M No change
TDG Transdigm Group Inc. 0.42% 2,175 $3.3M Add +3.6%
AME Ametek Inc. 0.40% 22,911 $3.1M Add +93.5%
FAST Fastenal Co. 0.37% 68,800 $2.9M No change
ECL Ecolab Inc. 0.36% 10,615 $2.9M No change
QQQ Invesco QQQ Trust Series 1 0.32% 4,512 $2.5M Add +1.1%
ABBV Abbvie Inc. 0.30% 19,091 $2.4M Add +287.3%
LIN Linde PLC 0.30% 5,045 $2.4M Reduce -0.4%
UBER Uber Technologies Inc. 0.30% 25,300 $2.4M Add +3.3%
SYK Stryker Corp. 0.29% 5,824 $2.3M Reduce -0.7%
ISRG Intuitive Surgical Inc. 0.29% 4,160 $2.3M Reduce -6.7%
AON Aon PLC Class A 0.28% 6,085 $2.2M No change
GEV GE Vernova Inc. 0.28% 4,090 $2.2M Add +47.5%
ROK Rockwell Automation Inc. 0.26% 6,175 $2.1M No change
CSGP Costar Group Inc. 0.26% 25,190 $2.0M No change
ORLY O'reilly Automotive Inc. 0.26% 22,275 $2.0M No change
TOST Toast Inc. Class A 0.25% 45,000 $2.0M No change
WAB Wabtec Corp. 0.25% 9,486 $2.0M Reduce -3.1%
RMD Resmed Inc. 0.25% 7,680 $2.0M Add +1.3%
V Visa Inc. Class A 0.25% 5,541 $2.0M Add +58.7%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.25% 33,695 $1.9M No change
LOW Lowe's Cos Inc. 0.24% 8,565 $1.9M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.24% 6,434 $1.9M No change
AIR Aar Corp. 0.24% 18,506 $1.9M Add +393.5%
DXCM Dexcom Inc. 0.24% 21,200 $1.9M Add +1.4%
BA The Boeing Co. 0.23% 8,637 $1.8M Add +503.6%
ICE Intercontinental Exchange Inc. 0.23% 9,750 $1.8M Reduce -0.5%
BX Blackstone Inc. 0.22% 11,350 $1.7M No change
IRTC Irhythm Holdings Inc. 0.21% 10,675 $1.6M No change
WDAY Workday Inc. Class A 0.21% 6,750 $1.6M No change
SPGI S&P Global Inc. 0.20% 3,024 $1.6M No change
SPDR S&P 500 ETF TR TR UNIT 0.19% 2,455 $1.5M New
LLY Eli Lilly & Co. 0.19% 1,932 $1.5M No change
GWRE Guidewire Software Inc. 0.18% 6,100 $1.4M No change
NVDA Nvidia Corp. 0.18% 8,797 $1.4M Add +3.9%
GE General Electric filed as GE AEROSPACE 0.17% 5,187 $1.3M Add +0.5%
ABT Abbott Laboratories 0.16% 14,137 $1.3M Add +136.7%
PG The Procter & Gamble Co. 0.16% 7,928 $1.3M Add +1.4%
ZTS Zoetis Inc. 0.16% 7,830 $1.2M Reduce -3.7%
RYAN Ryan Specialty Holdings Inc. 0.15% 17,850 $1.2M No change
HWM Howmet Aerospace Inc. 0.15% 6,133 $1.1M No change
MDB Mongodb Inc. 0.14% 5,400 $1.1M Add +4.8%
DSGX The Descartes Systems Grp 0.14% 10,900 $1.1M No change
SG Sweetgreen Inc. Class A 0.14% 72,300 $1.1M New
AVGO Broadcom Inc. 0.14% 3,855 $1.1M No change
CSCO Cisco Systems Inc. 0.13% 14,297 $992K Reduce -7.6%
GNRC Generac Holdings Inc. 0.12% 6,750 $967K Reduce -56.2%
ORCL Oracle Corp. 0.12% 4,230 $925K Add +17.5%
WWD Woodward Inc. 0.12% 3,692 $905K No change
XOM Exxon Mobil Corp. 0.11% 8,159 $880K Reduce -1.2%
SEOAY Stora Enso Oyj-Spons ADR 0.11% 80,000 $866K No change
PODD Insulet Corp. 0.11% 2,665 $838K No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.11% 4,660 $827K Add +56.0%
MCD McDonald's Corp. 0.10% 2,812 $821K No change
PSBQ PSB Holdings Inc. filed as PSB HLDGS INC WIS 0.10% 34,373 $821K Add +24.1%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.10% 5,335 $770K Add +105.0%
EMR Emerson Electric Co. 0.10% 5,656 $754K No change
RSP Invesco S&P 500 Equal Weight 0.10% 4,130 $751K No change
KO The Coca-Cola Co. 0.09% 9,750 $690K No change
META Meta Platforms Inc. Class A 0.08% 891 $658K No change
AVAV Aerovironment Inc. 0.08% 2,250 $641K New
UNP Union Pacific Corp. 0.08% 2,688 $618K No change
DFAT Dimensional US Target Value 0.07% 10,648 $575K No change
ACN Accenture PLC Class A 0.07% 1,880 $562K Reduce -66.4%
WEC WEC Energy Group Inc. 0.07% 5,289 $551K No change
GILD Gilead Sciences Inc. 0.06% 4,567 $506K Reduce -24.4%
TXN Texas Instruments Inc. 0.06% 2,384 $495K No change
BROS Dutch Bros Inc. Class A 0.06% 7,000 $479K Reduce -13.6%
CW Curtiss-Wright Corp. 0.06% 950 $464K Add +26.7%
CME Cme Group Inc. 0.06% 1,650 $455K No change
ULS Ul Solutions Inc. Class A 0.06% 6,000 $437K No change
DFUV Dimensional US Marketwide Va 0.05% 10,081 $426K No change
WFC Wells Fargo & Co. 0.05% 5,166 $414K Reduce -16.1%
BTC Grayscale Bitcoin Mini ETF 0.05% 8,636 $412K No change
FISV Fiserv Inc. 0.05% 2,307 $398K Reduce -11.5%
SMG Scotts Miracle-Gro Co. 0.05% 6,000 $396K New
NOW ServiceNow Inc. 0.05% 370 $380K No change
SPHQ Invesco S&P 500 Quality ETF 0.05% 5,195 $370K Reduce -8.8%
TTE Totalenergies SE -Spon ADR 0.05% 5,875 $361K No change
IJR iShares Core S&P Small-Cap E 0.04% 3,194 $349K Reduce -6.5%
RELY Remitly Global Inc. 0.04% 18,500 $347K No change
COF Capital One Financial Corp. 0.04% 1,601 $341K No change
FIS Fidelity National Info Serv 0.04% 4,155 $338K Add +7.2%
MNDY Monday.com Ltd. 0.04% 1,050 $330K No change
TYL Tyler Technologies Inc. 0.04% 550 $326K No change
DT Dynatrace Inc. 0.04% 5,750 $317K Add +21.1%
DVY iShares Select Dividend ETF 0.04% 2,368 $314K No change
NOVT Novanta Inc. 0.04% 2,433 $314K No change
RTX RTX Corp. 0.04% 2,075 $303K No change
CB Chubb Ltd. 0.04% 1,047 $303K Add +7.2%
VZ Verizon Communications Inc. 0.04% 6,910 $299K Add +0.6%
BMY Bristol-Myers Squibb Co. 0.03% 5,879 $272K Add +3.0%
SPXC SPX Technologies Inc. 0.03% 1,600 $268K New
UL Unilever PLC 0.03% 4,350 $266K No change
LPLA LPL Financial Holdings Inc. 0.03% 702 $263K No change
WING Wingstop Inc. 0.03% 776 $261K New
CWST Casella Waste Systems Inc. Class A 0.03% 2,250 $260K No change
MDLZ Mondelez International Inc. Class A 0.03% 3,696 $249K No change
IVV iShares Core S&P 500 ETF 0.03% 399 $248K Reduce -4.8%
MLI Mueller Industries Inc. 0.03% 3,106 $247K No change
CAT Caterpillar Inc. 0.03% 617 $240K New
F Ford Motor Co. filed as FORD MTR CO 0.03% 22,162 $240K Add +1.5%
CARR Carrier Global Corp. 0.03% 3,040 $222K New
PCOR Procore Technologies Inc. 0.03% 3,250 $222K No change
CWAN Clearwater Analytics HDS-A 0.03% 9,750 $214K New
PANW Palo Alto Networks Inc. 0.03% 990 $203K New
CI The Cigna Group 0.03% 610 $202K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $352K (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 300$352KNew

Total filed on the 13F, all lines: $786.6M.

Portfolio Sells Q1 2025 → Q2 2025
VOE Vngrd Mrngstr MD-Cap Val ETF Sold out 0.00% −3.96
VOT Vngrd Mrngstr MC GRW ETF-Usd Sold out 0.00% −3.85
VWO Vanguard Ftse Emerging Marke Sold out 0.00% −3.42
VOO Vanguard S&P 500 ETF Sold out 0.00% −2.16
XLV SS Health Care Select Sector Sold out 0.00% −0.80
VTI VG Morningstar TS MKT ETF-US Sold out 0.00% −0.56
VXUS Vanguard Total Intl Stock Sold out 0.00% −0.52
VUG Vanguard Mrngstar GR ETF-Sui Sold out 0.00% −0.52
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.44
IWN iShares Russell 2000 Value E Reduce -1.4% 3.22% −0.22
SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −0.19
ACN Accenture PLC Class A Reduce -66.4% 0.07% −0.17
DSI iShares ESG MSCI KLD 400 ETF Sold out 0.00% −0.17
GNRC Generac Holdings Inc. Reduce -56.2% 0.12% −0.15
SSO Proshares Ultra S&P500 Sold out 0.00% −0.14
XYZ Block Inc. Sold out 0.00% −0.13
BSV Vanguard Short-Term Bond ETF Sold out 0.00% −0.09
VCSH Vanguard S/T Corp. Bond ETF Sold out 0.00% −0.08
COST Costco Wholesale Corp. Reduce -0.4% 1.43% −0.08
KMB Kimberly-Clark Corp. Sold out 0.00% −0.08
VYM Vanguard High DVD Yield ETF Sold out 0.00% −0.08
NEOG Neogen Corp. Sold out 0.00% −0.07
BIV Vanguard Intermediate-Term B Sold out 0.00% −0.07
BND Vanguard Total Bond Market Sold out 0.00% −0.07
VBR Vngrd Mrngst SL-CP Val ETF-U Sold out 0.00% −0.07
VBK Van Morst SML-Cap Gro-Usd Inc. Sold out 0.00% −0.06
LNT Alliant Energy Corp. Sold out 0.00% −0.05
SDY SS SPDR S&P Dividend ETF Sold out 0.00% −0.04
COWZ Pacer US Cash Cows 100 ETF Sold out 0.00% −0.03
BNDX Vanguard Total Intl Bond ETF Sold out 0.00% −0.03
ZTS Zoetis Inc. Reduce -3.7% 0.16% −0.03
XLK SS Technology Select Sector Sold out 0.00% −0.03
GILD Gilead Sciences Inc. Reduce -24.4% 0.06% −0.03
ADBE Adobe Inc. Sold out 0.00% −0.03
FISV Fiserv Inc. Reduce -11.5% 0.05% −0.03
LIN Linde PLC Reduce -0.4% 0.30% −0.03
XOM Exxon Mobil Corp. Reduce -1.2% 0.11% −0.03
ISRG Intuitive Surgical Inc. Reduce -6.7% 0.29% −0.02
DE Deere & Co. Reduce -0.3% 1.04% −0.02
SYK Stryker Corp. Reduce -0.7% 0.29% −0.01
ICE Intercontinental Exchange Inc. Reduce -0.5% 0.23% −0.01
WFC Wells Fargo & Co. Reduce -16.1% 0.05% −0.01
BROS Dutch Bros Inc. Class A Reduce -13.6% 0.06% −0.01
CSCO Cisco Systems Inc. Reduce -7.6% 0.13% −0.01
SPHQ Invesco S&P 500 Quality ETF Reduce -8.8% 0.05% −0.01
IJR iShares Core S&P Small-Cap E Reduce -6.5% 0.04% −0.01
IVV iShares Core S&P 500 ETF Reduce -4.8% 0.03% −0.00
VORTEX ENERGY CORP COM Sold out 0.00% −0.00
WAB Wabtec Corp. Reduce -3.1% 0.25% +0.00
WMT Walmart Inc. Reduce -0.1% 1.81% +0.02

Portfolio Buys Q1 2025 → Q2 2025
BAC Bank of America Corp. Add +723.1% 4.15% +4.06
ASB Associated Banc-Corp. Add +1015.9% 3.75% +3.69
AMGN Amgen Inc. Add +8223.6% 3.96% +3.65
AMAT Applied Materials Inc. Add +32.8% 3.20% +1.71
IDXX Idexx Laboratories Inc. New 0.86% +0.86
AMZN Amazon.com Inc. Add +64.0% 3.98% +0.86
PFE Pfizer Inc. Add +217.6% 1.24% +0.79
MSFT Microsoft Corp. Add +0.9% 4.07% +0.72
BILL Bill Holdings Inc. Add +140.0% 0.82% +0.70
EFA iShares MSCI Eafe ETF Add +5.8% 11.53% +0.56
AXP American Express Co. Add +44.2% 1.85% +0.31
DIS The Walt Disney Co. Add +4.1% 1.58% +0.25
JPM JPMorgan Chase & Co. Add +1.4% 2.98% +0.24
AIR Aar Corp. Add +393.5% 0.24% +0.21
BRK.A Berkshire Hathaway Inc. Class A Add +54166.7% 2.21% +0.20
BA The Boeing Co. Add +503.6% 0.23% +0.20
SPDR S&P 500 ETF TR TR UNIT New 0.19% +0.19
NKE Nike Inc. Class B Add +15.3% 1.16% +0.17
GOOGL Alphabet Inc. Class A Add +3.9% 2.06% +0.16
ABBV Abbvie Inc. Add +287.3% 0.30% +0.16
GEV GE Vernova Inc. Add +47.5% 0.28% +0.16
SG Sweetgreen Inc. Class A New 0.14% +0.14
AME Ametek Inc. Add +93.5% 0.40% +0.11
GOOG Alphabet Inc. Class C Add +6.3% 1.25% +0.10
AVAV Aerovironment Inc. New 0.08% +0.08
V Visa Inc. Class A Add +58.7% 0.25% +0.08
BNY Bank of New York Mellon Corp. Add +105.0% 0.10% +0.07
BMO Bank of Montreal Add +56.0% 0.11% +0.07
IWO iShares Russell 2000 Growth Add +0.3% 3.30% +0.06
ABT Abbott Laboratories Add +136.7% 0.16% +0.05
SMG Scotts Miracle-Gro Co. New 0.05% +0.05
UBER Uber Technologies Inc. Add +3.3% 0.30% +0.05
NVDA Nvidia Corp. Add +3.9% 0.18% +0.05
ORCL Oracle Corp. Add +17.5% 0.12% +0.05
DXCM Dexcom Inc. Add +1.4% 0.24% +0.04
SPXC SPX Technologies Inc. New 0.03% +0.03
WING Wingstop Inc. New 0.03% +0.03
CAT Caterpillar Inc. New 0.03% +0.03
CARR Carrier Global Corp. New 0.03% +0.03
CWAN Clearwater Analytics HDS-A New 0.03% +0.03
PANW Palo Alto Networks Inc. New 0.03% +0.03
CW Curtiss-Wright Corp. Add +26.7% 0.06% +0.03
GE General Electric Add +0.5% 0.17% +0.03
QQQ Invesco QQQ Trust Series 1 Add +1.1% 0.32% +0.02
HON Honeywell International Inc. Add +2.9% 0.87% +0.02
MDB Mongodb Inc. Add +4.8% 0.14% +0.02
RMD Resmed Inc. Add +1.3% 0.25% +0.01
TDG Transdigm Group Inc. Add +3.6% 0.42% +0.01
DT Dynatrace Inc. Add +21.1% 0.04% +0.01
PSBQ PSB Holdings Inc. Add +24.1% 0.10% +0.00

Notes & Other Activity Q1 2025 → Q2 2025
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A New 300 $352K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 178$841.4MEFA, AMAT, VWO, BRK.B, IWN
Q1 2026 173$774.3MEFA, VWO, VOE, IWN, VOT
Q4 2025 179$856.4MEFA, VWO, MSFT, VOE, VOT
Q3 2025 184$839.4MEFA, VWO, MSFT, VOT, VOE
Q2 2025 145$786.3MEFA, BAC, MSFT, BRK.B, AMZN
Q1 2025 163$713.9MEFA, BRK.B, VOE, VOT, IWN
Q4 2024 177$710.8MEFA, VOT, VOE, IWN, MSFT
Q3 2024 185$703.4MEFA, VOE, BRK.B, VOT, MSFT
Q2 2024 165$643.2MEFA, MSFT, VOE, VOT, IWN
Q1 2024 168$631.3MISHARES TR MSCI EAFE ETF, MSFT, VANGUARD INDEX FDS MCAP VL IDXVIP, BRK.B, VANGUARD INDEX FDS MCAP GR IDXVIP