CTWM

Cherry Tree Wealth Management Portfolio holdings

AUM $430M

1-Year Return 9.48%

2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2

This Quarter Return

+7.37%

1 Year Return

+9.48%

3 Year Return

–

5 Year Return

–

10 Year Return

–

AUM

$374M

AUM Growth

+$33.1M (+9.7%)

Cap. Flow

+$8.86M

Cap. Flow % of AUM

2.37%

Top 10 Holdings % Top 10 Hldgs %

38.15%

Holding

609

New

Increased

Reduced

107

Closed

Top Buys

1	Avantis US Large Cap Value ETF AVLV	$3.58M
2	iShares iBonds Dec 2028 Term Corporate ETF IBDT	$2.39M
3	Avantis US Small Cap Value ETF AVUV	$2.34M
4	iShares iBonds Dec 2027 Term Corporate ETF IBDS	$2M
5	iShares iBonds Dec 2029 Term Corporate ETF IBDU	$1.32M

Top Sells

1	Vanguard Value ETF VTV	$1.85M
2	Vanguard Small-Cap Value ETF VBR	$1.65M
3	SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB	$1.01M
4	IBDO iShares iBonds Dec 2023 Term Corporate ETF IBDO	$721K
5	Vanguard Short-Term Inflation-Protected Securities Index Fund VTIP	$607K

Sector Composition

1	Industrials	2.98%
2	Technology	1.91%
3	Healthcare	1.16%
4	Consumer Staples	0.73%
5	Financials	0.64%

Communication Services

Advertising Agencies

Broadcasting

Electronic Gaming & Multimedia

Entertainment

Internet Content & Information

Publishing

Telecom Services

Consumer Discretionary

Apparel Manufacturing

Apparel Retail

Auto Manufacturers

Auto Parts

Auto & Truck Dealerships

Department Stores

Footwear & Accessories

Furnishings, Fixtures & Appliances

Gambling

Home Improvement Retail

Internet Retail

Leisure

Lodging

Luxury Goods

Packaging & Containers

Personal Services

Recreational Vehicles

Residential Construction

Resorts & Casinos

Restaurants

Specialty Retail

Textile Manufacturing

Travel Services

Consumer Staples

Beverages - Brewers

Beverages - Non-Alcoholic

Beverages - Wineries & Distilleries

Confectioners

Discount Stores

Education & Training Services

Farm Products

Food Distribution

Grocery Stores

Household & Personal Products

Packaged Foods

Tobacco

Energy

Oil & Gas Drilling

Oil & Gas Equipment & Services

Oil & Gas Exploration & Production

Oil & Gas Integrated

Oil & Gas Midstream

Oil & Gas Refining & Marketing

Thermal Coal

Uranium

Financials

Asset Management

Banks - Diversified

Banks - Regional

Capital Markets

Credit Services

Diversified Insurance

Financial Conglomerates

Financial Data & Stock Exchanges

Insurance Brokers

Life Insurance

Mortgage Finance

Property & Casualty Insurance

Reinsurance

Shell Companies

Specialty - Insurance

Healthcare

Biotechnology

Diagnostics & Research

Drug Manufacturers - General

Drug Manufacturers - Specialty & Generic

Healthcare Plans

Health Information Services

Medical Care Facilities

Medical Devices

Medical Distribution

Medical Instruments & Supplies

Pharmaceutical Retailers

Industrials

Aerospace & Defense

Airlines

Airports & Air Services

Building Products & Equipment

Business Equipment & Supplies

Conglomerates

Consulting Services

Electrical Equipment & Parts

Engineering & Construction

Farm & Heavy Construction Machinery

Industrial Distribution

Infrastructure Operations

Integrated Freight & Logistics

Marine Shipping

Metal Fabrication

Pollution & Treatment Controls

Railroads

Rental & Leasing Services

Security & Protection Services

Specialty Business Services

Specialty Industrial Machinery

Staffing & Employment Services

Tools & Accessories

Trucking

Waste Management

Materials

Agricultural Inputs

Aluminum

Building Materials

Chemicals

Coking Coal

Copper

Gold

Lumber & Wood Production

Other Industrial Metals & Mining

Other Precious Metals & Mining

Paper & Paper Products

Silver

Specialty Chemicals

Steel

Real Estate

Diversified REIT

Healthcare Facilities REIT

Hotel & Motel REIT

Industrial REIT

Mortgage REIT

Office REIT

Real Estate Development

Real Estate Diversified

Real Estate Services

Residential REIT

Retail REIT

Specialty REIT

Technology

Communication Equipment

Computer Hardware

Consumer Electronics

Electronic Components

Electronics & Computer Distribution

Information Technology Services

Scientific & Technical Instruments

Semiconductor Equipment & Materials

Semiconductors

Software - Application

Software - Infrastructure

Solar

Utilities

Diversified Utilities

Electric Utilities

Gas Utilities

Independent Power Producers

Renewable Electricity

Water Utilities

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
401	401 HP HPQ $27.4B	$6.83K	﹤0.01%	227	–	–
402	402 iShares ESG Aware MSCI EAFE ETF ESGD $9.93B	$6.72K	﹤0.01%	89	–	–
403	403 West Pharmaceutical WST $18B	$6.69K	﹤0.01%	19	–	–
404	404 Expedia Group EXPE $26.6B	$6.68K	﹤0.01%	44	–	–
405	405 Nasdaq NDAQ $53.6B	$6.63K	﹤0.01%	114	–	–
406	406 Stratasys SSYS $871M	$6.61K	﹤0.01%	463	–	–
407	407 Avantis US Equity ETF AVUS $9.49B	$6.61K	﹤0.01%	81	–	–
408	408 Grand Canyon Education LOPE $5.74B	$6.34K	﹤0.01%	48	–	–
409	409 Inspire Medical Systems INSP $2.56B	$6.31K	﹤0.01%	+31	New	+$6.31K
410	410 Tesla TSLA $1.13T	$6.21K	﹤0.01%	25 -24	-49%	-$5.96K
411	411 RB Global RBA $21.4B	$6.15K	﹤0.01%	92	–	–
412	412 Charles Schwab SCHW $167B	$6K	﹤0.01%	87	–	–
413	413 Cencora COR $56.7B	$5.96K	﹤0.01%	29	–	–
414	414 Marriott International Class A Common Stock MAR $71.9B	$5.86K	﹤0.01%	26 -16	-38%	-$3.61K
415	NLOP 415 Net Lease Office Properties NLOP $435M	$5.79K	﹤0.01%	+313	New	+$5.79K
416	416 Roblox RBLX $88.5B	$5.72K	﹤0.01%	125	–	–
417	417 Crane NXT CXT $3.51B	$5.69K	﹤0.01%	+100	New	+$5.69K
418	418 Schwab US REIT ETF SCHH $8.38B	$5.63K	﹤0.01%	272	–	–
419	PXD 419 DELISTED Pioneer Natural Resource Co. PXD	$5.62K	﹤0.01%	25	–	–
420	420 Haleon HLN $43.9B	$5.56K	﹤0.01%	676	–	–
421	421 Lam Research LRCX $130B	$5.48K	﹤0.01%	70	–	–
422	422 Timken Company TKR $5.42B	$5.45K	﹤0.01%	68	–	–
423	423 Rollins ROL $27.4B	$5.42K	﹤0.01%	124	–	–
424	424 Global X Lithium & Battery Tech ETF LIT $1.16B	$5.4K	﹤0.01%	106 +11	+12%	+$560
425	425 Workiva WK $4.48B	$5.38K	﹤0.01%	53	–	–