# Cherry Tree Wealth Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1985414. Source: https://holderbook.com/funds/1985414-cherry-tree-wealth-management-llc/

- Reported value: $531.5M
- Positions: 594
- Weight of the ten largest: 34.1%
- Filed: 2026-09-15

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 |
|---|---|---|---|---|---|
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $22.1M | 661,145 | 4.2% | 13 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $22.0M | 732,222 | 4.1% | 13 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $21.6M | 302,571 | 4.1% | 13 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $21.2M | 288,437 | 4.0% | 13 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $20.4M | 93,541 | 3.8% | 13 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $17.8M | 23,740 | 3.3% | 13 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $15.2M | 50,301 | 2.9% | 13 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $14.2M | 89,616 | 2.7% | 13 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $13.6M | 55,851 | 2.6% | 13 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $13.3M | 300,502 | 2.5% | 13 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $11.8M | 223,333 | 2.2% | 13 |
| SPDR SERIES TRUST | [FLRN](https://holderbook.com/stocks/FLRN/) | $11.7M | 378,098 | 2.2% | 13 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $11.6M | 138,239 | 2.2% | 13 |
| AMERICAN CENTY ETF TR | [AVLV](https://holderbook.com/stocks/AVLV/) | $11.2M | 123,199 | 2.1% | 12 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $11.0M | 140,590 | 2.1% | 13 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $10.8M | 137,063 | 2.0% | 13 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $10.1M | 201,306 | 1.9% | 13 |
| SCHWAB STRATEGIC TR | [FNDC](https://holderbook.com/stocks/FNDC/) | $9.5M | 195,984 | 1.8% | 13 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $9.1M | 92,795 | 1.7% | 13 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $8.8M | 317,960 | 1.7% | 13 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $7.7M | 153,195 | 1.5% | 13 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $7.6M | 128,061 | 1.4% | 13 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $7.6M | 35,492 | 1.4% | 13 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $7.4M | 76,432 | 1.4% | 13 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $7.1M | 83,387 | 1.3% | 13 |
| DIMENSIONAL ETF TRUST | [DFUV](https://holderbook.com/stocks/DFUV/) | $7.1M | 129,342 | 1.3% | 13 |
| DIMENSIONAL ETF TRUST | [DFCF](https://holderbook.com/stocks/DFCF/) | $6.9M | 163,979 | 1.3% | 11 |
| VANGUARD INSTL INDEX FD | [VBIL](https://holderbook.com/stocks/VBIL/) | $6.9M | 91,267 | 1.3% | 4 |
| DIMENSIONAL ETF TRUST | [DUHP](https://holderbook.com/stocks/DUHP/) | $6.4M | 153,960 | 1.2% | 8 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $6.1M | 87,969 | 1.2% | 13 |
| ISHARES TR | [IBDT](https://holderbook.com/stocks/IBDT/) | $6.0M | 237,065 | 1.1% | 13 |
| DIMENSIONAL ETF TRUST | [DFGR](https://holderbook.com/stocks/DFGR/) | $5.4M | 185,748 | 1.0% | 13 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $5.3M | 54,571 | 1.0% | 13 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $5.3M | 14,210 | 1.0% | 13 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $5.2M | 41,430 | 1.0% | 13 |
| TITAN MACHY INC | [TITN](https://holderbook.com/stocks/TITN/) | $5.1M | 241,599 | 1.0% | 13 |
| ISHARES TR | [IBDU](https://holderbook.com/stocks/IBDU/) | $5.0M | 214,268 | 0.9% | 11 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $4.6M | 60,920 | 0.9% | 13 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $4.4M | 6,349 | 0.8% | 13 |
| ISHARES TR | [IBDS](https://holderbook.com/stocks/IBDS/) | $4.1M | 170,097 | 0.8% | 11 |
| DIMENSIONAL ETF TRUST | [DFAX](https://holderbook.com/stocks/DFAX/) | $4.0M | 109,695 | 0.8% | 13 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.7M | 12,773 | 0.7% | 13 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $3.3M | 112,414 | 0.6% | 13 |
| PRICE T ROWE GROUP INC | [TROW](https://holderbook.com/stocks/TROW/) | $3.2M | 28,138 | 0.6% | 13 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.9M | 7,750 | 0.5% | 13 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $2.6M | 48,562 | 0.5% | 13 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $2.6M | 15,634 | 0.5% | 13 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.3M | 3,124 | 0.4% | 13 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $2.3M | 27,328 | 0.4% | 13 |
| EA SERIES TRUST | [USEW](https://holderbook.com/stocks/USEW/) | $2.2M | 39,965 | 0.4% | 3 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $2.2M | 43,025 | 0.4% | 13 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $2.1M | 72,572 | 0.4% | 13 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $2.1M | 21,570 | 0.4% | 13 |
| EA SERIES TRUST | - | $2.0M | 39,579 | 0.4% | 1 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $2.0M | 35,416 | 0.4% | 13 |
| DIMENSIONAL ETF TRUST | [DFAE](https://holderbook.com/stocks/DFAE/) | $1.9M | 47,738 | 0.4% | 13 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $1.9M | 21,802 | 0.4% | 13 |
| WISDOMTREE TR | [DHS](https://holderbook.com/stocks/DHS/) | $1.8M | 16,249 | 0.3% | 13 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.8M | 1,518 | 0.3% | 13 |
| ISHARES TR | [IBDV](https://holderbook.com/stocks/IBDV/) | $1.8M | 81,593 | 0.3% | 11 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $1.8M | 29,709 | 0.3% | 13 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.7M | 17,914 | 0.3% | 13 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.7M | 11,913 | 0.3% | 13 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.6M | 8,163 | 0.3% | 13 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $1.6M | 17,880 | 0.3% | 13 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $1.5M | 9,820 | 0.3% | 13 |
| SCHWAB STRATEGIC TR | [SCHZ](https://holderbook.com/stocks/SCHZ/) | $1.5M | 65,254 | 0.3% | 13 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.3M | 4,253 | 0.2% | 13 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $1.2M | 12,656 | 0.2% | 13 |
| ISHARES TR | [IBDW](https://holderbook.com/stocks/IBDW/) | $1.1M | 54,512 | 0.2% | 11 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.1M | 3,138 | 0.2% | 13 |
| J P MORGAN EXCHANGE TRADED F | [JEPQ](https://holderbook.com/stocks/JEPQ/) | $1.1M | 17,780 | 0.2% | 13 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $1.1M | 12,940 | 0.2% | 13 |
| VANGUARD WORLD FD | [ESGV](https://holderbook.com/stocks/ESGV/) | $1.0M | 7,803 | 0.2% | 13 |
| ISHARES TR | [IBDX](https://holderbook.com/stocks/IBDX/) | $1.0M | 40,295 | 0.2% | 10 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $961.8K | 5,940 | 0.2% | 13 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $897.6K | 2,541 | 0.2% | 13 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $864.3K | 3,939 | 0.2% | 13 |
| FLEXSHARES TR | [SKOR](https://holderbook.com/stocks/SKOR/) | $841.8K | 17,343 | 0.2% | 13 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $838.7K | 2,480 | 0.2% | 13 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $793.7K | 8,317 | 0.1% | 13 |
| FIDELITY COVINGTON TRUST | [FTEC](https://holderbook.com/stocks/FTEC/) | $777.1K | 2,721 | 0.1% | 3 |
| PIMCO ETF TR | [STPZ](https://holderbook.com/stocks/STPZ/) | $705.1K | 13,219 | 0.1% | 13 |
| DIMENSIONAL ETF TRUST | [DISV](https://holderbook.com/stocks/DISV/) | $703.0K | 17,518 | 0.1% | 13 |
| ISHARES TR | [IBDR](https://holderbook.com/stocks/IBDR/) | $692.7K | 28,589 | 0.1% | 12 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $668.8K | 8,737 | 0.1% | 13 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $622.9K | 17,178 | 0.1% | 13 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $606.3K | 1,763 | 0.1% | 13 |
| INVESCO EXCH TRADED FD TR II | [PGX](https://holderbook.com/stocks/PGX/) | $603.5K | 55,673 | 0.1% | 13 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $584.0K | 2,468 | 0.1% | 13 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $572.1K | 12,618 | 0.1% | 13 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $556.8K | 3,754 | 0.1% | 13 |
| ISHARES INC | [EEMV](https://holderbook.com/stocks/EEMV/) | $552.9K | 7,345 | 0.1% | 13 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $544.2K | 511 | 0.1% | 13 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $528.1K | 3,602 | 0.1% | 13 |
| DIMENSIONAL ETF TRUST | [DFIS](https://holderbook.com/stocks/DFIS/) | $515.0K | 14,702 | 0.1% | 13 |
| INVESCO EXCH TRADED FD TR II | [VRP](https://holderbook.com/stocks/VRP/) | $512.4K | 21,077 | 0.1% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $509.1K | 2,136 | 0.1% | 13 |
| GRANITESHARES ETF TR | [NVDL](https://holderbook.com/stocks/NVDL/) | $504.9K | 16,936 | 0.1% | 6 |
| VANGUARD WORLD FD | [VPU](https://holderbook.com/stocks/VPU/) | $480.5K | 2,455 | 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 |
|---|---|---|---|---|
| Q2 2026 | +7.6% | +14.8% | -7.2% | 99% |
| Q1 2026 | +0.3% | -4.6% | +5.0% | 99% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 98% |
| Q3 2025 | +4.3% | +7.8% | -3.5% | 99% |
| Q2 2025 | +5.1% | +10.5% | -5.4% | 98% |
| Q1 2025 | +0.6% | -4.6% | +5.1% | 98% |
| Q4 2024 | -3.0% | +2.1% | -5.1% | 98% |
| Q3 2024 | +5.8% | +5.4% | +0.4% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $531.5M | 594 |
| Q1 2026 | $472.7M | 582 |
| Q4 2025 | $473.6M | 586 |
| Q3 2025 | $455.5M | 590 |
| Q2 2025 | $430.3M | 606 |
| Q1 2025 | $414.7M | 756 |
| Q4 2024 | $404.1M | 644 |
| Q3 2024 | $421.8M | 613 |
| Q2 2024 | $398.1M | 596 |
| Q1 2024 | $397.6M | 595 |
| Q4 2023 | $374.3M | 592 |
| Q3 2023 | $341.2M | 585 |