SEC 13F Intelligence

Managers / Q2 2020 · view latest →

Carlson Capital Management

CIK 0001581298 · 11 BRIDGE SQ, NORTHFIELD, MN, 55057 · 507-645-8887

Reported Value
$446M
Q2 2020
Positions
119
Filings on Record
25
2019–present window
Filed
Jul 13, 2020
original filing

Summary

Carlson Capital Management reported $446M in U.S.-listed holdings across 119 positions for Q2 2020.

The portfolio is heavily concentrated: Vanguard Index Fds alone accounts for 24.8% of reported value.

Compared with Q1 2020, the fund opened 13 new positions and exited 5.

Portfolio Metrics

Turnover
+0.5%
vs prior filed quarter
Top-10 Concentration
+74.2%
share of reported value
Largest Position
+24.8%
Vanguard Index Fds
New / Exited
13 / 5
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: $352MQ4 ’18Q1 ’19: $401MQ2 ’19: $409MQ3 ’19: $417MQ4 ’19: $470MQ4 ’19Q1 ’20: $392MQ2 ’20: $446MQ3 ’20: $462MQ4 ’20: $543MQ4 ’20Q1 ’21: $582MQ2 ’21: $709MQ3 ’21: $940MQ4 ’21: $1.2BQ4 ’21Q1 ’22: $1.2BQ2 ’22: $1.1BQ3 ’22: $1.2BQ4 ’22: $1.4BQ4 ’22Q1 ’23: $1.5BQ2 ’23: $1.7BQ3 ’23: $1.7BQ4 ’23: $1.9BQ4 ’23Q1 ’24: $2.1BQ2 ’24: $2.1BQ3 ’24: $2.4BQ4 ’24: $2.3BQ4 ’24filingsflow.com

Portfolio Composition

By security type
ETP: 81.8%Common Stock: 18.0%Other: 0.1%ADR: 0.1%
  • ETP · 81.8% · $365M
  • Common Stock · 18.0% · $80M
  • Other · 0.1% · $578,000
  • ADR · 0.1% · $351,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TCFTCF FINANCIAL CORPORATION NENEW+56.8K56.8K+$2M$2M
CSCOCISCO SYS INCNEW+6.7K6.7K+$313,000$313,000
BAXBAXTER INTL INCNEW+3.7K3.7K+$311,000$311,000
LOWLOWES COS INCNEW+2.0K2.0K+$275,000$275,000
AVGOBROADCOM INCNEW+803803+$257,000$257,000
NFLXNETFLIX INCNEW+467467+$256,000$256,000
VUGVANGUARD INDEX FDSNEW+1.2K1.2K+$255,000$255,000
CB1ACONSTELLATION BRANDS INCNEW+1.2K1.2K+$223,000$223,000

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

Holdings — Q2 2020

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VTVVANGUARD INDEX FDSTOTAL STK MKT · LARGE CAP ETF · VALUE ETF · SMALL CP ETF · SM CP VAL ETF · REAL ESTATE ETF54.72%$244M1.71M
2VANGUARD TAX-MANAGED FDSFTSE DEV MKT ETF6.61%$30M744.2K
3VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF · FTSE SMCAP ETF5.79%$26M474.4K
4VANGUARD BD INDEX FDSSHORT TRM BOND4.28%$19M229.8K
5MMM3M COhistory →COM3.20%$14M93.3K
6ISHARES TREAFE VALUE ETF · RUS 2000 VAL ETF · CORE MSCI EAFE · MSCI EAFE ETF · CORE S&P500 ETF3.03%$14M289.2K
7WISDOMTREE TRINTL SMCAP DIV2.02%$9M160.5K
8UNHUNITEDHEALTH GROUP INChistory →COM1.91%$9M29.3K
9SPDR INDEX SHS FDSS&P INTL SMLCP1.90%$8M304.1K
10MSFTMICROSOFT CORPhistory →COM1.50%$7M31.3K
11SCHWAB STRATEGIC TRUS LRG CAP ETF · INTL EQTY ETF · US LCAP VA ETF1.25%$6M110.0K
12AAPLAPPLE INChistory →COM1.05%$5M12.2K
13ABTABBOTT LABSCOM0.52%$2M24.9K
14AMZNAMAZON COM INCCOM0.48%$2M666
15MAINMAIN STR CAP CORPCOM0.44%$2M67.9K
16JNJJOHNSON & JOHNSONCOM0.41%$2M12.8K
17SPDR S&P 500 ETF TRTR UNIT0.41%$2M5.7K
18TCFTCF FINANCIAL CORPORATION NECOM0.35%$2M56.8K
19CCBCOASTAL FINL CORP WACOM NEW0.35%$2M119.4K
20ISHARES INCCORE MSCI EMKT0.31%$1M26.8K
21DYHTARGET CORPCOM0.30%$1M11.3K
22HONGBPHONEYWELL INTL INCCOM0.29%$1M9.1K
23EXMOCEXXON MOBIL CORPCOM0.28%$1M29.3K
24KMBKIMBERLY CLARK CORPCOM0.28%$1M8.7K
25WMTWALMART INCCOM0.25%$1M8.4K
26BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.24%$1M5.8K
27VANGUARD SCOTTSDALE FDSSHRT TRM CORP BD0.23%$1M12.3K
28GGGGRACO INCCOM0.21%$945,00019.5K
29PGPROCTER AND GAMBLE COCOM0.20%$912,0007.4K
30CHVCHEVRON CORP NEWCOM0.18%$803,0009.4K
31TAT&T INCCOM0.17%$780,00025.9K
32PEPPEPSICO INCCOM0.17%$758,0005.6K
33NDQINVESCO QQQ TRUNIT SER 10.17%$756,0002.9K
34GOOGLALPHABET INCCAP STK CL A0.17%$751,000488
35NEENEXTERA ENERGY INCCOM0.16%$734,0002.8K
36USBUS BANCORP DELCOM NEW0.16%$728,00020.0K
37TCMDTACTILE SYS TECHNOLOGY INCCOM0.16%$723,00020.1K
38XELXCEL ENERGY INCCOM0.15%$686,00010.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2024$2.3B112Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.4B115Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.1B106Jul 11, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.1B104Apr 12, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.9B205Jan 16, 202413F-HRchanges · EDGAR ↗
Q3 2023$1.7B172Nov 21, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.7B167Jul 24, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.5B163Apr 17, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.4B165Feb 3, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.2B159Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.1B167Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.2B172May 24, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.2B171Jan 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$940M167Oct 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$709M151Jul 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$582M146Apr 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$543M134Jan 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$462M125Oct 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$446M119Jul 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$392M111Apr 27, 202013F-HRchanges · EDGAR ↗
Q4 2019$470M117Jan 27, 202013F-HRchanges · EDGAR ↗
Q3 2019$417M106Oct 29, 201913F-HRchanges · EDGAR ↗
Q2 2019$409M102Jul 15, 201913F-HRchanges · EDGAR ↗
Q1 2019$401M106Apr 25, 201913F-HRchanges · EDGAR ↗
Q4 2018$352M85Jan 22, 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 ↗.