Accredited Investors Portfolio holdings

AUM $1.61B

This Quarter Return

-1.94%

1 Year Return

+5.53%

3 Year Return

+15.25%

5 Year Return

+116%

10 Year Return

+145.13%

AUM

$1.61B

AUM Growth

-$95.8M (-6%)

Cap. Flow

-$42.8M

Cap. Flow % of AUM

-2.66%

Top 10 Holdings %Top 10 Hldgs %

57.32%

Holding

245

New

Increased

108

Reduced

Closed

Top Buys

1	Berkshire Hathaway Class A BRK.A	$63.9M
2	Vanguard Value ETF VTV	$3.06M
3	C.H. Robinson CHRW	$1.94M
4	Schwab Fundamental US Small Company Index ETF FNDA	$1.6M
5	iShares ESG Aware US Aggregate Bond ETF EAGG	$1.6M

Top Sells

1	Vanguard FTSE All-World ex-US ETF VEU	$24M
2	iShares MSCI EAFE ETF EFA	$11.1M
3	Vanguard Long-Term Treasury ETF VGLT	$10.1M
4	Amazon AMZN	$6.57M
5	Vanguard FTSE Developed Markets ETF VEA	$4.69M

Sector Composition

1	Financials	7.52%
2	Industrials	7.04%
3	Technology	6.32%
4	Communication Services	4.18%
5	Consumer Discretionary	3.44%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
151	151 iShares Semiconductor ETF SOXX $14B	$379K	0.02%	2,016 -349	-15%	-$65.7K
152	152 Qualcomm QCOM $170B	$378K	0.02%	2,458 +137	+6%	+$21K
153	153 RTX Corp RTX $202B	$370K	0.02%	2,793 -100	-3%	-$13.2K
154	154 Nucor NUE $32.5B	$365K	0.02%	3,033 +13	+0.4%	+$1.56K
155	155 Expedia Group EXPE $23.5B	$363K	0.02%	+2,162	New	+$363K
156	156 Bio-Techne TECH $8.16B	$363K	0.02%	6,192 +465	+8%	+$27.3K
157	157 TSMC TSM $1.25T	$357K	0.02%	2,148 +124	+6%	+$20.6K
158	158 Schwab International Equity ETF SCHF $48.6B	$352K	0.02%	17,771 +1,846	+12%	+$36.5K
159	159 HubSpot HUBS $28.6B	$348K	0.02%	610 +12	+2%	+$6.86K
160	160 Otter Tail OTTR $3.23B	$346K	0.02%	4,310 +43	+1%	+$3.46K
161	161 Emerson Electric EMR $81.1B	$341K	0.02%	3,111 +5	+0.2%	+$548
162	162 iShares US Technology ETF IYW $22.4B	$340K	0.02%	2,424	–	–
163	163 iShares S&P Mid-Cap 400 Growth ETF IJK $8.97B	$340K	0.02%	4,082 +932	+30%	+$77.6K
164	164 Fidelity Nasdaq Composite Index ETF ONEQ $8.29B	$336K	0.02%	4,930 +180	+4%	+$12.3K
165	165 Financial Select Sector SPDR Fund XLF $51.1B	$331K	0.02%	6,644 +265	+4%	+$13.2K
166	166 Salesforce CRM $251B	$323K	0.02%	1,203 -25	-2%	-$6.71K
167	167 Bank of New York Mellon BK $69.7B	$322K	0.02%	3,835 +331	+9%	+$27.8K
168	168 AT&T T $194B	$321K	0.02%	11,333 +127	+1%	+$3.59K
169	169 GE HealthCare GEHC $34.8B	$318K	0.02%	3,935 +489	+14%	+$39.5K
170	170 Donaldson DCI $8.21B	$313K	0.02%	4,664 +415	+10%	+$27.8K
171	171 iShares MSCI All Country Asia ex Japan ETF AAXJ $2.81B	$312K	0.02%	4,214 -1,820	-30%	-$135K
172	172 iShares Short Treasury Bond ETF SHV $20.6B	$311K	0.02%	2,812 +38	+1%	+$4.2K
173	173 Golden Entertainment GDEN $754M	$310K	0.02%	11,750	–	–
174	KBDC 174 Kayne Anderson BDC KBDC $1.13B	$301K	0.02%	18,578 +6,754	+57%	+$110K
175	175 Intel INTC $101B	$301K	0.02%	13,241 -300	-2%	-$6.81K