# BerganKDV Wealth Management, LLC

> Institutional holdings reported to the SEC as of Q2 2023 on Form 13F. CIK 1660203. Source: https://holderbook.com/funds/1660203-bergankdv-wealth-management-llc/

- Reported value: $999.6M
- Positions: 862
- Weight of the ten largest: 40.3%
- Filed: 2023-07-24

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 |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | [SCHR](https://holderbook.com/stocks/SCHR/) | $87.8M | 1,780,773 | 8.8% | 19 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $55.9M | 1,567,950 | 5.6% | 19 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $41.3M | 442,364 | 4.1% | 19 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $35.7M | 472,379 | 3.6% | 5 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $35.6M | 219,181 | 3.6% | 19 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $34.1M | 779,074 | 3.4% | 19 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $32.5M | 481,958 | 3.3% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $27.3M | 140,974 | 2.7% | 19 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $26.9M | 545,390 | 2.7% | 19 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $25.3M | 62,067 | 2.5% | 19 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $22.0M | 225,061 | 2.2% | 19 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $20.1M | 206,357 | 2.0% | 2 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $17.9M | 252,105 | 1.8% | 19 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $16.9M | 169,858 | 1.7% | 19 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $14.9M | 67,498 | 1.5% | 14 |
| SPDR SERIES TRUST | [SLYV](https://holderbook.com/stocks/SLYV/) | $14.0M | 180,920 | 1.4% | 16 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $13.6M | 40,071 | 1.4% | 19 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $11.9M | 24,809 | 1.2% | 19 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $11.7M | 26,473 | 1.2% | 19 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $11.7M | 339,371 | 1.2% | 14 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $11.3M | 79,237 | 1.1% | 19 |
| INVESCO EXCH TRD SLF IDX FD | [POWA](https://holderbook.com/stocks/POWA/) | $10.7M | 153,820 | 1.1% | 19 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $9.4M | 408,558 | 0.9% | 10 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $9.0M | 102,534 | 0.9% | 19 |
| INVESCO EXCHANGE TRADED FD T | [SPHQ](https://holderbook.com/stocks/SPHQ/) | $8.5M | 168,893 | 0.9% | 6 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $7.8M | 31,643 | 0.8% | 19 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $7.7M | 46,451 | 0.8% | 19 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $7.7M | 36,902 | 0.8% | 19 |
| ISHARES TR | [ISTB](https://holderbook.com/stocks/ISTB/) | $7.4M | 157,849 | 0.7% | 19 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $7.0M | 116,735 | 0.7% | 19 |
| INVESCO EXCHANGE TRADED FD T | [RSPH](https://holderbook.com/stocks/RSPH/) | $7.0M | 23,365 | 0.7% | 19 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $6.9M | 30,447 | 0.7% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $6.7M | 44,394 | 0.7% | 19 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $6.7M | 89,174 | 0.7% | 19 |
| SMITH A O CORP | [AOS](https://holderbook.com/stocks/AOS/) | $6.4M | 87,343 | 0.6% | 17 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $6.3M | 35,211 | 0.6% | 19 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $6.2M | 144,335 | 0.6% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $5.9M | 24,714 | 0.6% | 19 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $5.8M | 58,888 | 0.6% | 19 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $5.8M | 39,777 | 0.6% | 19 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $5.6M | 29,035 | 0.6% | 19 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $5.5M | 25,212 | 0.6% | 19 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $5.5M | 65,000 | 0.5% | 19 |
| DISCOVER FINL SVCS | [DFS](https://holderbook.com/stocks/DFS/) | $5.4M | 46,594 | 0.5% | 19 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $5.4M | 41,620 | 0.5% | 19 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $5.4M | 36,354 | 0.5% | 19 |
| NUSHARES ETF TR | [NUBD](https://holderbook.com/stocks/NUBD/) | $5.3M | 241,677 | 0.5% | 12 |
| PPG INDS INC | [PPG](https://holderbook.com/stocks/PPG/) | $5.1M | 34,695 | 0.5% | 19 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $4.9M | 65,033 | 0.5% | 15 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $4.8M | 27,361 | 0.5% | 19 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $4.6M | 9,995 | 0.5% | 19 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $4.5M | 33,779 | 0.4% | 19 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $4.2M | 22,189 | 0.4% | 14 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $4.2M | 26,701 | 0.4% | 19 |
| PIMCO ETF TR | [BOND](https://holderbook.com/stocks/BOND/) | $4.2M | 45,519 | 0.4% | 19 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $4.1M | 109,818 | 0.4% | 19 |
| GABELLI EQUITY TR INC | [GAB](https://holderbook.com/stocks/GAB/) | $3.6M | 623,338 | 0.4% | 9 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $3.4M | 31,550 | 0.3% | 19 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $3.4M | 29,451 | 0.3% | 19 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $3.2M | 3,734 | 0.3% | 19 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $3.2M | 7,262 | 0.3% | 19 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.1M | 25,802 | 0.3% | 19 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $3.0M | 39,689 | 0.3% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $3.0M | 8,766 | 0.3% | 19 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $3.0M | 57,174 | 0.3% | 19 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $2.9M | 87,780 | 0.3% | 19 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $2.8M | 86,058 | 0.3% | 19 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $2.8M | 55,152 | 0.3% | 19 |
| VANGUARD BD INDEX FDS | [BLV](https://holderbook.com/stocks/BLV/) | $2.7M | 36,496 | 0.3% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.7M | 9,504 | 0.3% | 19 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.7M | 14,532 | 0.3% | 19 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $2.6M | 63,718 | 0.3% | 19 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $2.5M | 48,540 | 0.3% | 19 |
| INTERPUBLIC GROUP COS INC | [IPG](https://holderbook.com/stocks/IPG/) | $2.5M | 65,888 | 0.3% | 4 |
| STANLEY BLACK & DECKER INC | [SWK](https://holderbook.com/stocks/SWK/) | $2.5M | 27,104 | 0.3% | 19 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $2.4M | 66,019 | 0.2% | 19 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.4M | 22,563 | 0.2% | 19 |
| ARCH CAP GROUP LTD | [ACGL](https://holderbook.com/stocks/ACGL/) | $2.2M | 29,403 | 0.2% | 15 |
| VANGUARD WORLD FD | [VSGX](https://holderbook.com/stocks/VSGX/) | $2.1M | 39,731 | 0.2% | 12 |
| PRINCIPAL FINANCIAL GROUP IN | [PFG](https://holderbook.com/stocks/PFG/) | $2.1M | 27,620 | 0.2% | 19 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $2.1M | 9,417 | 0.2% | 19 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $2.1M | 11,535 | 0.2% | 19 |
| CELANESE CORP DEL | [CE](https://holderbook.com/stocks/CE/) | $2.1M | 17,740 | 0.2% | 13 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $2.1M | 5,837 | 0.2% | 15 |
| ISHARES TR | [USIG](https://holderbook.com/stocks/USIG/) | $2.0M | 39,635 | 0.2% | 10 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $2.0M | 27,325 | 0.2% | 19 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $2.0M | 20,441 | 0.2% | 13 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.9M | 12,343 | 0.2% | 19 |
| FIRST TR EXCHANGE-TRADED FD | [LMBS](https://holderbook.com/stocks/LMBS/) | $1.9M | 40,566 | 0.2% | 19 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.9M | 13,357 | 0.2% | 18 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $1.9M | 27,926 | 0.2% | 19 |
| UNILEVER PLC | [ULXXXX](https://holderbook.com/stocks/ULXXXX/) | $1.9M | 36,095 | 0.2% | 14 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $1.9M | 2,692 | 0.2% | 19 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $1.8M | 13,689 | 0.2% | 19 |
| PPL CORP | [PPL](https://holderbook.com/stocks/PPL/) | $1.8M | 67,047 | 0.2% | 19 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $1.8M | 651 | 0.2% | 19 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $1.7M | 25,875 | 0.2% | 15 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $1.7M | 688 | 0.2% | 19 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.7M | 5,322 | 0.2% | 19 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.6M | 6,309 | 0.2% | 19 |

## 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 2023 | +3.0% | +8.3% | -5.3% | 100% |
| Q1 2023 | +3.4% | +7.0% | -3.7% | 100% |
| Q4 2022 | +7.3% | +7.1% | +0.2% | 99% |
| Q3 2022 | -5.6% | -5.3% | -0.3% | 96% |
| Q2 2022 | -11.1% | -16.5% | +5.3% | 97% |
| Q1 2022 | -5.0% | -4.9% | -0.1% | 97% |
| Q4 2021 | +5.5% | +10.7% | -5.2% | 97% |
| Q3 2021 | -1.7% | +0.3% | -1.9% | 95% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2023 | $999.6M | 862 |
| Q1 2023 | $970.5M | 1,059 |
| Q4 2022 | $922.6M | 1,044 |
| Q3 2022 | $835.7M | 954 |
| Q2 2022 | $873.3M | 963 |
| Q1 2022 | $935.1M | 987 |
| Q4 2021 | $957.7M | 1,045 |
| Q3 2021 | $882.2M | 1,027 |
| Q2 2021 | $842.6M | 975 |
| Q1 2021 | $778.5M | 927 |
| Q4 2020 | $710.9M | 933 |
| Q3 2020 | $632.1M | 899 |