# Meristem Family Wealth, LLC

> Institutional holdings reported to the SEC as of Q1 2022 on Form 13F. CIK 1511915. Source: https://holderbook.com/funds/1511915-meristem-family-wealth-llc/

- Reported value: $925.3M
- Positions: 337
- Weight of the ten largest: 60.9%
- Filed: 2022-05-11

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $189.1M | 416,756 | 20.4% | 14 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $121.1M | 580,869 | 13.1% | 14 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $114.1M | 1,057,311 | 12.3% | 14 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $41.5M | 493,353 | 4.5% | 14 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $28.1M | 161,106 | 3.0% | 14 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $17.1M | 37,912 | 1.9% | 14 |
| MIDWESTONE FINL GROUP INC NE | [MOFG](https://holderbook.com/stocks/MOFG/) | $14.3M | 432,233 | 1.5% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $13.3M | 43,099 | 1.4% | 14 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $12.5M | 78,955 | 1.4% | 14 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $12.2M | 72,845 | 1.3% | 14 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $11.7M | 28,245 | 1.3% | 14 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $11.7M | 117,059 | 1.3% | 14 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $10.1M | 3,086 | 1.1% | 14 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $7.5M | 18,080 | 0.8% | 6 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $6.8M | 18,883 | 0.7% | 12 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $6.5M | 13,237 | 0.7% | 14 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $6.5M | 12,665 | 0.7% | 14 |
| AMCOR PLC | [AMCR](https://holderbook.com/stocks/AMCR/) | $6.3M | 555,271 | 0.7% | 12 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $5.8M | 27,211 | 0.6% | 14 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $5.7M | 106,743 | 0.6% | 14 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $5.7M | 31,992 | 0.6% | 14 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $5.4M | 26,196 | 0.6% | 14 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $5.2M | 14,856 | 0.6% | 14 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $4.8M | 10,048 | 0.5% | 14 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $4.5M | 1,630 | 0.5% | 14 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $4.3M | 31,662 | 0.5% | 14 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $4.0M | 1,443 | 0.4% | 14 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $3.8M | 25,451 | 0.4% | 14 |
| BELDEN INC | [BDC](https://holderbook.com/stocks/BDC/) | $3.6M | 65,290 | 0.4% | 13 |
| FIVE BELOW INC | [FIVE](https://holderbook.com/stocks/FIVE/) | $3.6M | 22,723 | 0.4% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.4M | 25,273 | 0.4% | 14 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $3.4M | 20,885 | 0.4% | 11 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $3.2M | 32,000 | 0.4% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $3.2M | 10,563 | 0.3% | 14 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.1M | 13,905 | 0.3% | 14 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $3.0M | 10,978 | 0.3% | 11 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $3.0M | 78,035 | 0.3% | 14 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.0M | 36,169 | 0.3% | 14 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $2.9M | 56,262 | 0.3% | 14 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $2.7M | 7,663 | 0.3% | 4 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $2.6M | 19,344 | 0.3% | 14 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $2.5M | 33,645 | 0.3% | 14 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.5M | 4,295 | 0.3% | 14 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.3M | 28,566 | 0.3% | 14 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $2.3M | 14,317 | 0.3% | 14 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $2.3M | 9,980 | 0.2% | 6 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $2.2M | 29,600 | 0.2% | 3 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $2.2M | 7,827 | 0.2% | 11 |
| TWO HBRS INVT CORP | [TWOXXXX](https://holderbook.com/stocks/TWOXXXX/) | $2.1M | 387,586 | 0.2% | 14 |
| BIO-TECHNE CORP | [TECH](https://holderbook.com/stocks/TECH/) | $2.1M | 4,762 | 0.2% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.0M | 9,217 | 0.2% | 14 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $2.0M | 14,546 | 0.2% | 14 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.9M | 1,784 | 0.2% | 7 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $1.9M | 27,404 | 0.2% | 14 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $1.8M | 37,251 | 0.2% | 14 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.8M | 6,721 | 0.2% | 4 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $1.8M | 3,034 | 0.2% | 9 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $1.8M | 6,965 | 0.2% | 14 |
| SIXTH STREET SPECIALTY LENDI | [TSLX](https://holderbook.com/stocks/TSLX/) | $1.8M | 76,049 | 0.2% | 3 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $1.8M | 13,698 | 0.2% | 11 |
| VANGUARD ADMIRAL FDS INC | [VIOO](https://holderbook.com/stocks/VIOO/) | $1.7M | 8,750 | 0.2% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.7M | 11,327 | 0.2% | 14 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $1.7M | 11,668 | 0.2% | 11 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $1.6M | 10,133 | 0.2% | 14 |
| ISHARES TR | [IWL](https://holderbook.com/stocks/IWL/) | $1.6M | 15,027 | 0.2% | 9 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.6M | 6,414 | 0.2% | 14 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.6M | 8,406 | 0.2% | 14 |
| DONNELLEY FINL SOLUTIONS INC | [DFIN](https://holderbook.com/stocks/DFIN/) | $1.5M | 45,537 | 0.2% | 3 |
| BLACKSTONE STRATEGIC CRED 20 | [BGB](https://holderbook.com/stocks/BGB/) | $1.5M | 113,540 | 0.2% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.5M | 9,094 | 0.2% | 6 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $1.4M | 5,387 | 0.2% | 14 |
| BLACK STONE MINERALS L P | [BSM](https://holderbook.com/stocks/BSM/) | $1.4M | 106,114 | 0.2% | 14 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.4M | 25,481 | 0.2% | 14 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $1.4M | 14,660 | 0.2% | 4 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.4M | 22,304 | 0.1% | 14 |
| ATLASSIAN CORP PLC | [TEAMXXXX](https://holderbook.com/stocks/TEAMXXXX/) | $1.4M | 4,706 | 0.1% | 9 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $1.4M | 3,283 | 0.1% | 14 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $1.3M | 25,205 | 0.1% | 6 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.3M | 27,096 | 0.1% | 14 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $1.3M | 17,512 | 0.1% | 14 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $1.3M | 17,580 | 0.1% | 14 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $1.3M | 4,544 | 0.1% | 7 |
| PIMCO DYNAMIC INCOME FD | [PDI](https://holderbook.com/stocks/PDI/) | $1.3M | 53,953 | 0.1% | 2 |
| C H ROBINSON WORLDWIDE IN | [CHRW](https://holderbook.com/stocks/CHRW/) | $1.3M | 12,116 | 0.1% | 14 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.3M | 10,968 | 0.1% | 14 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.3M | 4,709 | 0.1% | 14 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.3M | 17,564 | 0.1% | 14 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $1.2M | 25,423 | 0.1% | 3 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $1.2M | 5,729 | 0.1% | 14 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $1.2M | 9,452 | 0.1% | 3 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.2M | 3,560 | 0.1% | 4 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.1M | 13,563 | 0.1% | 3 |
| VANGUARD WORLD FD | [VCR](https://holderbook.com/stocks/VCR/) | $1.1M | 3,701 | 0.1% | 14 |
| ISHARES TR | [AAXJ](https://holderbook.com/stocks/AAXJ/) | $1.1M | 14,941 | 0.1% | 14 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $1.1M | 7,321 | 0.1% | 14 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.1M | 3,886 | 0.1% | 3 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.1M | 8,380 | 0.1% | 14 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $1.1M | 10,098 | 0.1% | 14 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.1M | 4,801 | 0.1% | 14 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $1.1M | 3,235 | 0.1% | 13 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2022 | -4.9% | -4.9% | +0.0% | 100% |
| Q4 2021 | +10.3% | +10.7% | -0.4% | 100% |
| Q3 2021 | -0.4% | +0.3% | -0.6% | 100% |
| Q2 2021 | +7.8% | +8.0% | -0.2% | 100% |
| Q1 2021 | +7.0% | +6.0% | +0.9% | 100% |
| Q4 2020 | +13.5% | +11.6% | +1.9% | 100% |
| Q3 2020 | +7.9% | +8.6% | -0.7% | 100% |
| Q2 2020 | +18.9% | +19.6% | -0.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2022 | $925.3M | 337 |
| Q4 2021 | $1.2B | 389 |
| Q3 2021 | $1.0B | 415 |
| Q2 2021 | $635.3M | 318 |
| Q1 2021 | $496.3M | 248 |
| Q4 2020 | $472.0M | 230 |
| Q3 2020 | $390.1M | 202 |
| Q2 2020 | $364.6M | 196 |
| Q1 2020 | $325.1M | 187 |
| Q4 2019 | $405.7M | 202 |
| Q3 2019 | $370.3M | 200 |
| Q2 2019 | $327.8M | 175 |