SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Accredited Investors Inc.

CIK 0001518364 · 5200 WEST 73RD STREET, EDINA, MN, 55439 · 952-841-2222

Reported Value
$1.6B
Q1 2025
Positions
238
Filings on Record
31
2019–present window
Filed
May 6, 2025
original filing

Summary

Accredited Investors Inc. reported $1.6B in U.S.-listed holdings across 238 positions for Q1 2025.

Its largest position, American Centy Etf Tr, represents 10.8% of the portfolio.

Compared with Q4 2024, the fund opened 17 new positions and exited 7.

Portfolio Metrics

Turnover
+6.4%
vs prior filed quarter
Top-10 Concentration
+57.3%
share of reported value
Largest Position
+10.8%
American Centy Etf Tr
New / Exited
17 / 7
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $448MQ4 ’18Q1 ’19: $497MQ2 ’19: $511MQ3 ’19: $519MQ4 ’19: $589MQ4 ’19Q1 ’20: $425MQ2 ’20: $491MQ3 ’20: $477MQ4 ’20: $597MQ4 ’20Q1 ’21: $747MQ2 ’21: $978MQ3 ’21: $926MQ4 ’21: $1.1BQ4 ’21Q1 ’22: $1.1BQ2 ’22: $843MQ3 ’22: $862MQ4 ’22: $1.2BQ4 ’22Q1 ’23: $1.3BQ2 ’23: $1.4BQ3 ’23: $1.3BQ4 ’23: $1.4BQ4 ’23Q1 ’24: $1.6BQ2 ’24: $1.6BQ3 ’24: $1.7BQ4 ’24: $1.7BQ4 ’24Q1 ’25: $1.6BQ2 ’25: $1.7BQ3 ’25: $1.8BQ4 ’25: $1.9BQ4 ’25Q1 ’26: $1.9Bfilingsflow.com

Portfolio Composition

By security type
ETP: 68.4%Common Stock: 31.2%Other: 0.4%ADR: 0.0%REIT: 0.0%
  • ETP · 68.4% · $1.1B
  • Common Stock · 31.2% · $503M
  • Other · 0.4% · $6M
  • ADR · 0.0% · $779,660
  • REIT · 0.0% · $282,235

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BRK/ABERKSHIRE HATHAWAY INC DELNEW+8080+$64M$64M
UMBFUMB FINL CORPNEW+10.9K10.9K+$1M$1M
EXPEEXPEDIA GROUP INCNEW+2.2K2.2K+$363,432$363,432
A4SAMERIPRISE FINL INCNEW+568568+$274,974$274,974
GQ9SPDR GOLD TRNEW+928928+$267,394$267,394
BACVERIZON COMMUNICATIONS INCNEW+5.7K5.7K+$260,234$260,234
ISHARES TRNEW+2.2K2.2K+$259,455$259,455
APDAIR PRODS & CHEMS INCNEW+801801+$236,236$236,236

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2025

25 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ESGDISHARES TRCORE S&P MCP ETF · CORE S&P SCP ETF · CORE S&P500 ETF · MSCI EAFE ETF · RUSSELL 2000 ETF · RUS 1000 GRW ETF · RUS MD CP GR ETF · EAFE VALUE ETF · ESG AWARE MSCI · ESG AWR US AGRGT · RUS MDCP VAL ETF · MSCI USA ESG SLC · ESG AW MSCI EAFE · ESG EAFE ETF · ESG MSCI USA ETF · ESG AWRE 1 5 YR · ESG MSCI KLD 400 · RUS 1000 ETF · CORE US AGGBD ET · RUS 1000 VAL ETF34.34%$553M6.18M
2AMERICAN CENTY ETF TRINTL SMCP VLU10.75%$173M2.48M
3SCHWAB STRATEGIC TRUS BRD MKT ETF · FUNDAMENTAL US S7.98%$129M5.74M
4BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW5.80%$93M55.6K
5VTVVANGUARD INDEX FDSVALUE ETF · TOTAL STK MKT · SMALL CP ETF · S&P 500 ETF SHS5.61%$90M492.0K
6UPSUNITED PARCEL SERVICE INChistory →CL B5.36%$86M784.4K
7RBLXROBLOX CORPhistory →CL A3.46%$56M956.9K
8AAPLAPPLE INChistory →COM3.18%$51M230.3K
9AMZNAMAZON COM INChistory →COM3.02%$49M255.5K
10SPDR SER TRPRTFLO S&P500 VL2.62%$42M827.0K
11VANGUARD INTL EQUITY INDEX FTT WRLD ST ETF · ALLWRLD EX US2.15%$35M375.1K
12VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT1.18%$19M374.0K
13ADPAUTOMATIC DATA PROCESSING INhistory →COM0.97%$16M51.1K
14MSFTMICROSOFT CORPhistory →COM0.87%$14M37.5K
15SPDR S&P 500 ETF TRTR UNIT0.84%$14M24.2K
16CHRWC H ROBINSON WORLDWIDE INChistory →COM NEW0.72%$12M112.9K
17NVDANVIDIA CORPORATIONCOM0.48%$8M71.2K
18INVESCO EXCHANGE TRADED FDT RAFI US 15000.46%$7M194.9K
19GISGENERAL MLS INCCOM0.45%$7M119.9K
20VANGUARD WORLD FDMEGA GRWTH IND0.40%$6M20.7K
21ON1OLD NATL BANCORP INDCOM0.37%$6M278.0K
22JPMJPMORGAN CHASE & CO.COM0.31%$5M20.6K
23GOOGALPHABET INCCAP STK CL C0.31%$5M31.7K
24UNHUNITEDHEALTH GROUP INCCOM0.29%$5M9.1K
25MMM3M COCOM0.26%$4M28.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.9B281Apr 30, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.9B284Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.8B264Oct 30, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.7B239Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.6B238May 6, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.7B228Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.7B236Nov 6, 2024RESTATEMENTchanges · EDGAR ↗
Q2 2024$1.6B220Jul 19, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.6B210May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.4B195Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.3B192Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.4B190Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.3B189Apr 24, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.2B185Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$862M171Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$843M174Jul 21, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.1B180May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.1B186Jan 31, 202213F-HRchanges · EDGAR ↗
Q3 2021$926M171Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$978M165Jul 30, 202113F-HRchanges · EDGAR ↗
Q1 2021$747M160Apr 16, 202113F-HRchanges · EDGAR ↗
Q4 2020$597M156Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$477M137Nov 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$491M131Jul 29, 202013F-HRchanges · EDGAR ↗
Q1 2020$425M130May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$589M147Jan 23, 202013F-HRchanges · EDGAR ↗
Q3 2019$519M134Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$511M133Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$497M138Apr 17, 201913F-HRchanges · EDGAR ↗
Q4 2018$448M126Feb 13, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.