Intelligent Financial Strategies

Q3 2025 13F-HR Holdings

Location
Excelsior, MN
Holdings as of
9/30/2025
Date filed
10/21/2025
Form type
13F-HR
Num holdings
73
Total value ($000)
$205,448
Net value change ($000)
+17,016 (9.0%)
New positions
3
Sold out positions
15
Turnover %
2.2%
Sector allocation + QoQ delta (equities-only)
Prev filing: 7/31/2025 Next filing: 1/26/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
VT 15,284 193.8%
VTI 10,550 185.6%
BND 9,276 4592.1%
VXUS 9,003 698.4%
VCSH 3,276 NEW
SGOV 580 NEW
AVGE 386 7.6%
AOR 290 NEW
DFAC 258 7.7%
VIG 226 5.0%
Top Reduces (Value $000, Stocks/ETFs)
BRK-B -25,167 -28.0%
VOO -3,012 -10.6%
AAPL -790 -20.3%
V -520 -24.6%
MA -516 -21.7%
MCD -480 -51.7%
MSFT -462 -19.0%
AMZN -429 -66.1%
UNP -259 -30.2%
PEP -233 -67.9%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type