— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

LPWM LLC

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

Q3 2025 · Filed 2025-10-17
Market Value
$375M
+9.3%
Holdings
86
-1
New Purchases
3
Added To
54
Closed
2
Reduced
15
Top 10 Concentration
70.4%
Turnover
5.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VONG 20.71% 20.07% +0.65% $78M
BIL 0.84% 0.54% +0.31% $3M
TSLA 0.25% 0.13% +0.11% $934K
VWO 3.40% 3.29% +0.11% $13M
IJH 0.36% 0.26% +0.10% $1M
IWM 2.28% 2.20% +0.09% $9M
IWR 1.20% 1.12% +0.07% $4M
GOOGL 0.29% 0.23% +0.06% $1M
SLYV 2.32% 2.26% +0.06% $9M
ITOT 0.05% 0.00% +0.05% $205K
VT 0.05% 0.00% +0.05% $205K
XLRE 0.05% 0.00% +0.05% $203K
VGT 0.66% 0.61% +0.05% $2M
IVW 0.66% 0.61% +0.05% $2M
AVGO 0.48% 0.44% +0.04% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
JPST 4.82% 5.24% -0.42% $18M
VTIP 3.56% 3.77% -0.21% $13M
LQD 2.97% 3.14% -0.17% $11M
IWS 8.40% 8.54% -0.15% $31M
BRK-B 1.24% 1.35% -0.10% $5M
AXP 0.00% 0.10% -0.10% $0
MUB 0.62% 0.70% -0.08% $2M
EELV 1.25% 1.32% -0.07% $5M
VNQ 1.57% 1.64% -0.06% $6M
XOM 0.00% 0.06% -0.06% $0
IVE 17.48% 17.54% -0.06% $66M
VUG 0.32% 0.37% -0.05% $1M
IEFA 4.45% 4.50% -0.04% $17M
VTEB 0.87% 0.91% -0.04% $3M
VNQI 1.14% 1.19% -0.04% $4M

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 $35M 9.3%
Large Cap 50 $314M 83.8%
Mid Cap 10 $21M 5.6%
Small Cap 2 $5M 1.3%

Portfolio Analytics

Avg Market Cap
$490.0B
Median Market Cap
$71.4B
Avg P/E
47.0
Median P/E
28.9
Avg Dividend Yield
0.01%
Avg Beta
0.99
# Stocks
21
# ETFs / Funds
65

Top Holdings (86 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VONG 20.71% 644,323 $78M $120.50 $9M +14,366 +2.3%
2 IVE 17.48% 317,272 $66M $206.51 $5M +9,585 +3.1%
3 IWS 8.40% 225,308 $31M $139.67 $2M +3,640 +1.6%
4 JPST 4.82% 356,165 $18M $50.73 $112K +1,850 +0.5%
5 IEFA 4.45% 191,161 $17M $87.31 $1M +6,521 +3.5%
6 VTIP 3.56% 263,627 $13M $50.63 $410K +6,276 +2.4%
7 VWO 3.40% 235,206 $13M $54.18 $1M +6,918 +3.0%
8 LQD 2.97% 99,836 $11M $111.47 $371K +1,695 +1.7%
9 SLYV 2.32% 98,199 $9M $88.65 $950K +962 +1.0%
10 IWM 2.28% 35,375 $9M $241.96 $1M +468 +1.3%
11 VTV 1.62% 32,531 $6M $186.49 $488K +966 +3.1%
12 VNQ 1.57% 64,438 $6M $91.42 $280K +1,440 +2.3%
13 NVDA 1.31% 26,257 $5M $186.58 $468K -1,790 -6.4%
14 VONE 1.26% 15,671 $5M $302.35 $367K +107 +0.7%
15 EELV 1.25% 176,453 $5M $26.62 $175K +3,338 +1.9%
16 BRK-B 1.24% 9,251 $5M $502.74 $38K -244 -2.6%
17 IWR 1.20% 46,454 $4M $96.55 $635K +4,591 +11.0%
18 JMST 1.20% 87,846 $4M $51.04 $334K +6,361 +7.8%
19 VNQI 1.14% 89,887 $4M $47.74 $223K +1,728 +2.0%
20 VOE 1.02% 21,993 $4M $174.58 $308K +520 +2.4%
21 VSS 0.95% 24,957 $4M $142.55 $254K +378 +1.5%
22 AGG 0.91% 34,190 $3M $100.25 $194K +1,592 +4.9%
23 VTEB 0.87% 65,027 $3M $50.07 $134K +1,350 +2.1%
24 VEA 0.86% 53,877 $3M $59.92 $246K +1,566 +3.0%
25 BIL 0.84% 34,490 $3M $91.75 $1M +14,367 +71.4%
26 IVW 0.66% 20,459 $2M $120.72 $372K +1,401 +7.3%
27 VGT 0.66% 3,301 $2M $746.63 $379K +156 +5.0%
28 MUB 0.62% 21,688 $2M $106.49 -$79K -1,171 -5.1%
29 VTI 0.59% 6,787 $2M $328.15 $190K +86 +1.3%
30 AVGO 0.48% 5,471 $2M $329.89 $301K +14 +0.3%
31 VONV 0.48% 20,044 $2M $89.37 $87K +38 +0.2%
32 XLK 0.43% 5,677 $2M $281.87 $147K -60 -1.1%
33 AMZN 0.40% 6,871 $2M $219.58 $43K +192 +2.9%
34 VOO 0.39% 2,408 $1M $612.38 $107K
35 IEMG 0.39% 22,342 $1M $65.92 $180K +811 +3.8%
36 IJH 0.36% 20,716 $1M $65.26 $466K +6,437 +45.1%
37 QUAL 0.33% 6,277 $1M $194.51 $98K +135 +2.2%
38 VUG 0.32% 2,497 $1M $479.65 -$65K -383 -13.3%
39 GOOGL 0.29% 4,535 $1M $243.08 $305K +9 +0.2%
40 IUSB 0.29% 23,430 $1M $46.71 $11K
41 VOX 0.27% 5,415 $1M $187.74 $125K +204 +3.9%
42 AAPL 0.26% 3,784 $963K $254.60 $150K -183 -4.6%
43 TSLA 0.25% 2,101 $934K $444.65 $472K +646 +44.4%
44 XLE 0.22% 9,193 $821K $89.34 $99K +672 +7.9%
45 VV 0.21% 2,578 $794K $307.86 $58K
46 VHT 0.21% 2,985 $775K $259.60 $69K +141 +5.0%
47 VXF 0.20% 3,493 $731K $209.34 $58K
48 UNH 0.19% 2,081 $718K $345.24 $24K -145 -6.5%
49 XLV 0.19% 5,053 $703K $139.16 $29K +50 +1.0%
50 QQQ 0.18% 1,153 $692K $600.14 $62K +11 +1.0%
51 MSFT 0.18% 1,310 $678K $517.80 $35K +16 +1.2%
52 ICVT 0.18% 6,732 $674K $100.05 $56K -120 -1.8%
53 IWB 0.18% 1,798 $657K $365.48 $47K
54 GOOG 0.17% 2,594 $632K $243.54 $85K -490 -15.9%
55 IYF 0.16% 4,785 $606K $126.64 $78K +419 +9.6%
56 SPY 0.15% 852 $568K $666.18 $35K -10 -1.2%
57 EMXC 0.14% 7,894 $533K $67.51 $16K -298 -3.6%
58 VB 0.14% 2,070 $526K $254.28 $55K +80 +4.0%
59 MMM 0.13% 3,169 $492K $155.16 $9K
60 IWF 0.12% 1,000 $468K $468.41 $44K
61 VBR 0.12% 2,220 $463K $208.75 $42K +60 +2.8%
62 VCR 0.12% 1,162 $460K $396.15 $77K +103 +9.7%
63 ITA 0.11% 1,964 $411K $209.31 $42K +6 +0.3%
64 PHO 0.11% 5,483 $395K $72.11 $55K +608 +12.5%
65 VTWO 0.10% 3,753 $367K $97.83 $39K -10 -0.3%
66 DELL 0.10% 2,576 $365K $141.77 $7K -345 -11.8%
67 XLC 0.10% 3,074 $364K $118.37 $30K
68 TIP 0.09% 3,049 $339K $111.23 $4K +3 +0.1%
69 JPM 0.09% 1,060 $334K $315.43 $27K
70 META 0.09% 451 $331K $734.38 -$2K
71 ECL 0.09% 1,188 $325K $273.86 $5K
72 CRWD 0.08% 633 $310K $490.38 -$12K
73 IGV 0.07% 2,275 $262K $115.01 $15K +25 +1.1%
74 ICLN 0.07% 16,803 $260K $15.48 $60K +1,533 +10.0%
75 SCZ 0.07% 3,317 $254K $76.72 $12K -19 -0.6%
76 XLP 0.07% 3,245 $254K $78.37 $12K +251 +8.4%
77 PM 0.07% 1,509 $245K $162.20 -$28K +9 +0.6%
78 VEU 0.06% 3,410 $243K $71.37 $22K +110 +3.3%
79 VO 0.06% 803 $236K $293.74 $31K +70 +9.6%
80 V 0.06% 643 $219K $341.26 -$5K +11 +1.7%
81 ITOT 0.05% 1,410 $205K $145.64 +1,410 NEW
82 VT 0.05% 1,485 $205K $137.84 +1,485 NEW
83 XLRE 0.05% 4,815 $203K $42.13 +4,815 NEW
84 ENVX 0.04% 16,914 $169K $9.97 -$85K -7,638 -31.1%
85 AXP —% -$358K -1,121 -100.0% SOLD
86 XOM —% -$216K -2,006 -100.0% SOLD

New Positions

SymbolValue% Port
ITOT $205K 0.05%
VT $205K 0.05%
XLRE $203K 0.05%

Sold Out Positions

SymbolValue% Port
XOM —%
AXP —%
View SEC EDGAR Filings for LPWM LLC →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

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