# Somerset Group LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1567912. Source: https://holderbook.com/funds/1567912-somerset-group-llc/

- Reported value: $142.5M
- Positions: 58
- Weight of the ten largest: 51.8%
- Filed: 2026-08-12

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 |
|---|---|---|---|---|---|
| C H ROBINSON WORLDWIDE IN | [CHRW](https://holderbook.com/stocks/CHRW/) | $13.7M | 70,664 | 9.6% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $12.1M | 16,617 | 8.5% | 31 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $9.0M | 57,130 | 6.3% | 31 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $7.5M | 252,945 | 5.3% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $6.7M | 21,385 | 4.7% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $6.1M | 24,800 | 4.3% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.5M | 14,182 | 3.8% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $4.7M | 14,561 | 3.3% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $4.4M | 50,300 | 3.1% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $4.1M | 47,400 | 2.9% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $3.9M | 4,287 | 2.8% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $3.7M | 3,145 | 2.6% | 14 |
| ISHARES TR | [IYF](https://holderbook.com/stocks/IYF/) | $3.4M | 25,323 | 2.4% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.4M | 9,439 | 2.4% | 16 |
| ISHARES TR | [IJK](https://holderbook.com/stocks/IJK/) | $3.2M | 27,827 | 2.2% | 31 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $3.1M | 25,450 | 2.2% | 29 |
| FIRST TR EXCHANGE-TRADED FD | [FDN](https://holderbook.com/stocks/FDN/) | $3.0M | 11,040 | 2.1% | 31 |
| SANMINA CORP | [SANM](https://holderbook.com/stocks/SANM/) | $2.7M | 13,000 | 1.9% | 3 |
| ISHARES TR | [IHI](https://holderbook.com/stocks/IHI/) | $2.7M | 52,231 | 1.9% | 31 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $2.5M | 40,765 | 1.8% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.5M | 11,971 | 1.8% | 9 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.4M | 3,160 | 1.7% | 31 |
| PIMCO ETF TR | [MINT](https://holderbook.com/stocks/MINT/) | $2.3M | 23,053 | 1.6% | 31 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $2.3M | 5,990 | 1.6% | 31 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $2.3M | 9,509 | 1.6% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $2.2M | 7,130 | 1.6% | 31 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $2.1M | 7,998 | 1.5% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.9M | 17,008 | 1.4% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.7M | 6,803 | 1.2% | 24 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.5M | 8,753 | 1.1% | 31 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $1.5M | 4,303 | 1.0% | 27 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $1.4M | 25,164 | 1.0% | 26 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.4M | 9,749 | 1.0% | 31 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $1.1M | 4,142 | 0.8% | 31 |
| NORTHERN TR CORP | [NTRS](https://holderbook.com/stocks/NTRS/) | $917.8K | 5,000 | 0.6% | 31 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $836.9K | 2,758 | 0.6% | 14 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $747.9K | 1,224 | 0.5% | 9 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $705.9K | 5,138 | 0.5% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $698.6K | 2,544 | 0.5% | 31 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $463.8K | 19,777 | 0.3% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $446.4K | 3,613 | 0.3% | 31 |
| MP MATERIALS CORP | [MP](https://holderbook.com/stocks/MP/) | $441.3K | 8,452 | 0.3% | 2 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $439.5K | 18,261 | 0.3% | 30 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $423.4K | 1,420 | 0.3% | 31 |
| KNIGHT-SWIFT TRANSN HLDGS IN | [KNX](https://holderbook.com/stocks/KNX/) | $421.1K | 5,600 | 0.3% | 3 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $416.3K | 14,265 | 0.3% | 11 |
| ISHARES U S ETF TR | [NEAR](https://holderbook.com/stocks/NEAR/) | $411.6K | 8,153 | 0.3% | 28 |
| ISHARES TR | [DSI](https://holderbook.com/stocks/DSI/) | $373.7K | 2,615 | 0.3% | 10 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $331.8K | 954 | 0.2% | 11 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $322.9K | 750 | 0.2% | 20 |
| INVESCO EXCHANGE TRADED FD T | [XLG](https://holderbook.com/stocks/XLG/) | $309.9K | 5,000 | 0.2% | 10 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $306.8K | 2,270 | 0.2% | 11 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $242.9K | 3,311 | 0.2% | 2 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $224.7K | 1,528 | 0.2% | 15 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $222.4K | 661 | 0.2% | 4 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $219.7K | 540 | 0.2% | 10 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $214.4K | 650 | 0.2% | 3 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $204.8K | 1,475 | 0.1% | 3 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +13.2% | +14.8% | -1.6% | 93% |
| Q1 2026 | -3.8% | -4.6% | +0.9% | 98% |
| Q4 2025 | +3.5% | +2.4% | +1.1% | 98% |
| Q3 2025 | +7.2% | +7.8% | -0.6% | 98% |
| Q2 2025 | +6.8% | +10.5% | -3.6% | 99% |
| Q1 2025 | -2.9% | -4.6% | +1.7% | 99% |
| Q4 2024 | +1.3% | +2.1% | -0.9% | 99% |
| Q3 2024 | +7.9% | +5.4% | +2.5% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $142.5M | 58 |
| Q1 2026 | $134.6M | 59 |
| Q4 2025 | $132.7M | 59 |
| Q3 2025 | $126.0M | 59 |
| Q2 2025 | $117.8M | 59 |
| Q1 2025 | $109.6M | 61 |
| Q4 2024 | $109.4M | 62 |
| Q3 2024 | $108.4M | 61 |
| Q2 2024 | $112.7M | 62 |
| Q1 2024 | $106.6M | 60 |
| Q4 2023 | $118.8M | 63 |
| Q3 2023 | $106.0M | 62 |