Accredited Investors Portfolio holdings
Accredited Investors Wealth Management is a fee-only wealth manager founded in 1987 and owned entirely by its employees. Its approach to wealth management is based on a book by Ross Levin, Implementing the Wealth Management Index, published by Bloomberg Press, and it tracks each client's progress across key areas of their financial life rather than producing a one-off financial plan. Its investment decisions follow the theory of mean reversion, that valuations tend to return to their long-term average, so it avoids chasing returns or moving money into hot sectors. For parts of some client accounts it hires outside managers. Clients include individuals and families, foundations, endowments and charities.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE All-World ex-US ETF
VEU
|
+$122M |
| 2 |
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
|
+$51M |
| 3 |
Vanguard Morningstar Value ETF
VTV
|
+$7.63M |
| 4 |
Avantis International Small Cap Value ETF
AVDV
|
+$5.48M |
| 5 |
Amazon
AMZN
|
+$3.19M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sezzle
SEZL
|
+$8.35M |
| 2 |
Vanguard FTSE Europe ETF
VGK
|
+$7.7M |
| 3 |
Schwab US Broad Market ETF
SCHB
|
+$4.58M |
| 4 |
iShares S&P 100 ETF
OEF
|
+$3.63M |
| 5 |
Apple
AAPL
|
+$3.63M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 69.75% |
| 2 | Financials | 11.78% |
| 3 | Industrials | 5.87% |
| 4 | Technology | 5.43% |
| 5 | Consumer Discretionary | 2.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Avantis International Small Cap Value ETF
AVDV
$19.6B
| $277M | 11.96% |
2,685,375
+51,471
| +2% | +$5.48M |
2022 Q4
14 quarters
|
|
|
2
Sezzle
SEZL
$4.56B
| $139M | 5.99% |
807,442
-79,200
| -9% | -$8.35M |
2025 Q4
2 quarters
|
|
|
3
Vanguard FTSE All-World ex-US ETF
VEU
$66.2B
| $138M | 5.96% |
1,648,027
+1,488,591
| +934% | +$122M |
2020 Q2
24 quarters
|
|
|
4
Schwab US Broad Market ETF
SCHB
$44.2B
| $129M | 5.56% |
4,443,846
-163,491
| -4% | -$4.58M |
2015 Q2
44 quarters
|
|
|
5
Vanguard Morningstar Value ETF
VTV
$194B
| $127M | 5.5% |
583,998
+36,521
| +7% | +$7.63M |
2022 Q4
14 quarters
|
|
6
iShares Russell 2000 ETF
IWM
$74.9B
| $110M | 4.75% |
365,770
+10,766
| +3% | +$3.03M |
2013 Q2
52 quarters
|
|
7
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $108M | 4.65% |
1,394,914
-18,965
| -1% | -$1.39M |
2016 Q4
38 quarters
|
|
8
iShares Core S&P 500 ETF
IVV
$869B
| $103M | 4.47% |
138,176
+3,463
| +3% | +$2.52M |
2013 Q2
52 quarters
|
|
9
iShares Core S&P Small-Cap ETF
IJR
$105B
| $100M | 4.32% |
674,815
+10,504
| +2% | +$1.44M |
2013 Q2
52 quarters
|
|
10
United Parcel Service
UPS
$92.1B
| $84.3M | 3.64% |
783,975
+275
| +0% | +$28.6K |
2013 Q2
52 quarters
|
|
11
Berkshire Hathaway Class A
BRK.A
$1.16T
| $69.6M | 3.01% |
93
| – | – |
2025 Q1
5 quarters
|
|
|
12
Apple
AAPL
$5.03T
| $58.3M | 2.52% |
201,547
-12,688
| -6% | -$3.63M |
2013 Q2
52 quarters
|
|
13
iShares MSCI EAFE ETF
EFA
$76.7B
| $56.8M | 2.45% |
546,667
-25,479
| -4% | -$2.62M |
2013 Q2
52 quarters
|
|
|
14
Amazon
AMZN
$2.59T
| $56.1M | 2.43% |
235,475
+12,724
| +6% | +$3.19M |
2017 Q2
36 quarters
|
|
|
15
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$20.8B
| $51M | 2.2% |
+1,014,386
| New | +$51M |
2026 Q2
0 quarters
|
|
16
iShares Russell 1000 Growth ETF
IWF
$120B
| $45.2M | 1.95% |
363,802
-5,678
| -2% | -$685K |
2013 Q2
52 quarters
|
|
17
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$38.8B
| $42.7M | 1.84% |
701,724
-21,328
| -3% | -$1.28M |
2018 Q3
31 quarters
|
|
18
Vanguard Total World Stock ETF
VT
$80.5B
| $35.3M | 1.53% |
225,134
-176
| -0.1% | -$26.9K |
2016 Q1
41 quarters
|
|
19
Berkshire Hathaway Class B
BRK.B
$1.16T
| $25.7M | 1.11% |
51,302
-6,276
| -11% | -$3.02M |
2013 Q2
52 quarters
|
|
20
C.H. Robinson
CHRW
$14.4B
| $25.1M | 1.08% |
133,220
+652
| +0.5% | +$116K |
2014 Q1
49 quarters
|
|
21
iShares Russell Mid-Cap Growth ETF
IWP
$18.5B
| $24.9M | 1.08% |
170,300
-5,808
| -3% | -$801K |
2013 Q2
52 quarters
|
|
22
Vanguard FTSE Developed Markets ETF
VEA
$228B
| $23.4M | 1.01% |
328,571
-10,637
| -3% | -$741K |
2021 Q4
18 quarters
|
|
23
Roblox
RBLX
$30.7B
| $20.5M | 0.88% |
376,574
| – | – |
2021 Q1
21 quarters
|
|
24
iShares MSCI EAFE Value ETF
EFV
$30.6B
| $17.7M | 0.77% |
231,526
-3,275
| -1% | -$254K |
2021 Q1
21 quarters
|
|
25
State Street SPDR S&P 500 ETF Trust
SPY
$802B
| $17.4M | 0.75% |
23,357
-220
| -0.9% | -$160K |
2013 Q2
52 quarters
|
|
Similar funds
Accredited Investors's Q2 2026 Portfolio in Review
As of Q2 2026, Accredited Investors held 312 positions worth $2.31B, up 25% from $1.86B the previous quarter. Its ten largest holdings account for 57% of the portfolio.
Accredited Investors deployed $160M of net new capital in Q2 2026, opening 31 new positions and adding to 102 existing holdings. Its largest new stake was Vanguard Short-Term Inflation-Protected Securities Index Fund: 1,014,386 shares worth $51M.
By sector, the portfolio is most concentrated in Miscellaneous at 70% of assets, up from 69% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Sezzle, an estimated $8.35M trimmed.
- Accredited Investors's largest Q2 2026 buy was Vanguard Short-Term Inflation-Protected Securities Index Fund: 1,014,386 shares worth $51M.
- Accredited Investors added most to Vanguard FTSE All-World ex-US ETF in Q2 2026, an estimated $122M increase.
- Accredited Investors's biggest Q2 2026 reduction was Sezzle, cutting an estimated $8.35M.
- Accredited Investors fully exited Invesco Bloomberg Financial Data Providers ETF in Q2 2026, selling an estimated $445K.
- Accredited Investors's ten largest holdings make up 57% of its $2.31B portfolio in Q2 2026.
- Accredited Investors opened 31 new positions and closed 13 in Q2 2026.
- Accredited Investors's portfolio value rose 25% quarter-over-quarter to $2.31B.
Based on Accredited Investors's 13F filing for Q2 2026, filed 21 Jul 2026.