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LPWM LLC

121 S 8TH STREET SUITE 1110, MINNEAPOLIS, MN 55402 • 6123385306

Q2 2025 · Filed 2025-07-08
Market Value
$343M
+10.4%
Holdings
87
New Purchases
3
Added To
30
Closed
4
Reduced
26
Top 10 Concentration
70.5%
Turnover
8.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VONG 20.07% 18.23% +1.83% $69M
VWO 3.29% 2.12% +1.17% $11M
VTEB 0.91% 0.25% +0.66% $3M
NVDA 1.29% 0.99% +0.30% $4M
IUSB 0.32% 0.17% +0.15% $1M
IWM 2.20% 2.05% +0.15% $8M
AVGO 0.44% 0.29% +0.14% $2M
BIL 0.54% 0.43% +0.11% $2M
AXP 0.10% 0.00% +0.10% $358K
SLYV 2.26% 2.17% +0.09% $8M
IGV 0.07% 0.00% +0.07% $246K
VO 0.06% 0.00% +0.06% $205K
IJH 0.26% 0.20% +0.06% $886K
VGT 0.61% 0.55% +0.06% $2M
XLK 0.42% 0.38% +0.04% $1M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
EMXC 0.15% 1.35% -1.20% $517K
MUB 0.70% 1.74% -1.05% $2M
IVE 17.54% 18.08% -0.54% $60M
LQD 3.14% 3.50% -0.36% $11M
VTIP 3.77% 4.12% -0.35% $13M
UNH 0.20% 0.44% -0.24% $694K
BRK-B 1.35% 1.58% -0.23% $5M
IEFA 4.50% 4.70% -0.21% $15M
VNQ 1.64% 1.80% -0.16% $6M
AGG 0.94% 1.06% -0.12% $3M
EELV 1.32% 1.41% -0.09% $5M
ABC 0.00% 0.09% -0.09% $0
VOE 1.03% 1.11% -0.08% $4M
VNQI 1.19% 1.26% -0.07% $4M
VT 0.00% 0.07% -0.07% $0

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 96.3%
Technology 2.0%
Consumer Cyclical 0.6%
Communication Services 0.6%
Healthcare 0.2%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 24 $32M 9.4%
Large Cap 51 $287M 83.7%
Mid Cap 9 $19M 5.5%
Small Cap 3 $5M 1.4%

Portfolio Analytics

Avg Market Cap
$484.7B
Median Market Cap
$71.3B
Avg P/E
45.1
Median P/E
28.9
Avg Dividend Yield
0.01%
Avg Beta
0.97
# Stocks
23
# ETFs / Funds
64

Top Holdings (87 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VONG 20.07% 629,957 $69M $109.20 $12M +19,916 +3.3%
2 IVE 17.54% 307,687 $60M $195.42 $4M +13,218 +4.5%
3 IWS 8.54% 221,668 $29M $132.14 $3M +9,694 +4.6%
4 JPST 5.24% 354,315 $18M $50.68 $2M +35,486 +11.1%
5 IEFA 4.50% 184,640 $15M $83.48 $808K -8,431 -4.4%
6 VTIP 3.77% 257,351 $13M $50.27 $140K +898 +0.3%
7 VWO 3.29% 228,288 $11M $49.46 $5M +82,616 +56.7%
8 LQD 3.14% 98,141 $11M $109.61 -$99K -1,743 -1.8%
9 SLYV 2.26% 97,237 $8M $79.76 $1M +11,258 +13.1%
10 IWM 2.20% 34,907 $8M $215.79 $1M +3,039 +9.5%
11 VNQ 1.64% 62,998 $6M $89.06 $18K +1,232 +2.0%
12 VTV 1.63% 31,565 $6M $176.74 $357K +1,333 +4.4%
13 BRK-B 1.35% 9,495 $5M $485.77 -$287K +295 +3.2%
14 EELV 1.32% 173,115 $5M $26.12 $153K -6,809 -3.8%
15 NVDA 1.29% 28,047 $4M $157.99 $1M -342 -1.2%
16 VONE 1.28% 15,564 $4M $280.86 $364K -223 -1.4%
17 JMST 1.21% 81,485 $4M $50.92 $490K +9,520 +13.2%
18 VNQI 1.19% 88,159 $4M $46.15 $154K -8,601 -8.9%
19 IWR 1.12% 41,863 $4M $91.97 $270K -218 -0.5%
20 VOE 1.03% 21,473 $4M $164.46 $99K +90 +0.4%
21 VSS 0.96% 24,579 $3M $134.39 $208K -2,192 -8.2%
22 AGG 0.94% 32,598 $3M $99.20 -$58K -677 -2.0%
23 VTEB 0.91% 63,677 $3M $49.03 $2M +47,996 +306.1%
24 VEA 0.87% 52,311 $3M $57.01 $327K +79 +0.1%
25 MUB 0.70% 22,859 $2M $104.48 -$3M -28,490 -55.5%
26 IVW 0.61% 19,058 $2M $110.10 $287K -453 -2.3%
27 VGT 0.61% 3,145 $2M $663.28 $371K -17 -0.5%
28 VTI 0.59% 6,701 $2M $303.94 $187K -28 -0.4%
29 BIL 0.54% 20,123 $2M $91.73 $506K +5,513 +37.7%
30 VONV 0.50% 20,006 $2M $85.21 $46K -86 -0.4%
31 AVGO 0.44% 5,457 $2M $275.66 $591K +4 +0.1%
32 AMZN 0.43% 6,679 $1M $219.40 $217K +117 +1.8%
33 XLK 0.42% 5,737 $1M $253.24 $260K -42 -0.7%
34 VOO 0.40% 2,408 $1M $568.03 $134K +8 +0.3%
35 IEMG 0.38% 21,531 $1M $60.03 $148K +332 +1.6%
36 VUG 0.37% 2,880 $1M $438.43 $237K +115 +4.2%
37 QUAL 0.33% 6,142 $1M $182.83 $73K -2 -0.0%
38 IUSB 0.32% 23,430 $1M $46.23 $568K +12,250 +109.6%
39 VOX 0.26% 5,211 $891K $171.03 $118K +3 +0.1%
40 IJH 0.26% 14,279 $886K $62.02 $262K +3,600 +33.7%
41 AAPL 0.24% 3,967 $814K $205.16 -$100K -148 -3.6%
42 GOOGL 0.23% 4,526 $798K $176.22 $98K +1 +0.0%
43 VV 0.21% 2,578 $736K $285.30 $73K
44 XLE 0.21% 8,521 $723K $84.81 $122K +2,088 +32.5%
45 VHT 0.21% 2,844 $706K $248.34 -$115K -257 -8.3%
46 UNH 0.20% 2,226 $694K $311.97 -$671K -382 -14.7%
47 XLV 0.20% 5,003 $674K $134.78 -$43K +93 +1.9%
48 VXF 0.20% 3,493 $673K $192.71 $71K
49 MSFT 0.19% 1,294 $644K $497.47 $158K
50 QQQ 0.18% 1,142 $630K $551.64 $94K
51 ICVT 0.18% 6,852 $617K $90.10 -$1K -546 -7.4%
52 IWB 0.18% 1,798 $611K $339.57 $110K +165 +10.1%
53 GOOG 0.16% 3,084 $547K $177.39 $53K -77 -2.4%
54 SPY 0.16% 862 $533K $617.85 $50K
55 IYF 0.15% 4,366 $528K $120.99 $36K
56 EMXC 0.15% 8,192 $517K $63.14 -$4M -67,987 -89.2%
57 MMM 0.14% 3,169 $482K $152.22 $154K +933 +41.7%
58 VB 0.14% 1,990 $472K $236.98 $13K -76 -3.7%
59 TSLA 0.13% 1,455 $462K $317.58 $85K
60 IWF 0.12% 1,000 $425K $424.58 $63K
61 VBR 0.12% 2,160 $421K $195.04 $147K +688 +46.7%
62 VCR 0.11% 1,059 $384K $362.32 $39K
63 ITA 0.11% 1,958 $369K $188.66 $70K
64 DELL 0.10% 2,921 $358K $122.60 $92K
65 AXP 0.10% 1,121 $358K $318.98 +1,121 NEW
66 PHO 0.10% 4,875 $341K $69.91 $26K
67 TIP 0.10% 3,046 $335K $110.05 -$3K
68 XLC 0.10% 3,074 $334K $108.53 $37K
69 META 0.10% 451 $333K $738.09 $73K
70 VTWO 0.10% 3,763 $328K $87.23 $13K -144 -3.7%
71 CRWD 0.09% 633 $322K $509.31 $99K
72 ECL 0.09% 1,188 $320K $269.44 $19K
73 JPM 0.09% 1,060 $307K $289.91 $47K
74 PM 0.08% 1,500 $273K $182.13 $35K
75 ENVX 0.07% 24,552 $254K $10.34 $42K -4,320 -15.0%
76 IGV 0.07% 2,250 $246K $109.50 +2,250 NEW
77 SCZ 0.07% 3,336 $242K $72.68 $7K -368 -9.9%
78 XLP 0.07% 2,994 $242K $80.97 -$2K
79 V 0.07% 632 $224K $355.05 $3K
80 VEU 0.06% 3,300 $222K $67.22 $22K
81 XOM 0.06% 2,006 $216K $107.78 -$22K
82 VO 0.06% 733 $205K $279.83 +733 NEW
83 ICLN 0.06% 15,270 $200K $13.11 $26K
84 FCX —% -$201K -5,316 -100.0% SOLD
85 IYE —% -$206K -4,177 -100.0% SOLD
86 VT —% -$207K -1,781 -100.0% SOLD
87 ABC —% -$269K -968 -100.0% SOLD

New Positions

SymbolValue% Port
AXP $358K 0.10%
IGV $246K 0.07%
VO $205K 0.06%

Sold Out Positions

SymbolValue% Port
FCX —%
IYE —%
VT —%
ABC —%
View SEC EDGAR Filings for LPWM LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms