SEC 13F Intelligence

Managers / Q2 2023 · view latest →

BLUESTEM FINANCIAL ADVISORS, LLC

CIK 0001820680 · 1809 WOODFIELD DRIVE, SUITE A, SAVOY, IL, 61874 · (217) 352-0000

Reported Value
$165M
Q2 2023
Positions
25
Filings on Record
28
2019–present window
Filed
Jul 13, 2023
original filing

Summary

Bluestem Financial Advisors, LLC reported $165M in U.S.-listed holdings across 25 positions for Q2 2023.

The portfolio is heavily concentrated: Ishares Tr alone accounts for 21.5% of reported value.

Compared with Q1 2023, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+86.7%
share of reported value
Largest Position
+21.5%
Ishares Tr

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
Q2 ’20: $109MQ2 ’20Q3 ’20: $119MQ4 ’20: $136MQ1 ’21: $140MQ1 ’21Q2 ’21: $148MQ3 ’21: $153MQ4 ’21: $161MQ4 ’21Q1 ’22: $159MQ2 ’22: $9MQ3 ’22: $144MQ3 ’22Q4 ’22: $152MQ1 ’23: $162MQ2 ’23: $165MQ2 ’23Q3 ’23: $164MQ4 ’23: $172MQ1 ’24: $194MQ1 ’24Q2 ’24: $198MQ3 ’24: $214MQ4 ’24: $212MQ4 ’24Q1 ’25: $214MQ2 ’25: $233MQ3 ’25: $256MQ3 ’25Q4 ’25: $259MQ1 ’26: $259Mfilingsflow.com

Portfolio Composition

By security type
ETP: 99.6%Common Stock: 0.4%
  • ETP · 99.6% · $165M
  • Common Stock · 0.4% · $612,601

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD CHARLOTTE FDSSOLD OUT−5.0K0−$242,193$0
ISHARES TRADDED+15.8K33.1K+$731,389$2M
ISHARES TRTRIMMED−11.2K27.5K−$1M$3M
ISHARES TRTRIMMED−35.7K129.6K−$2M$6M
VANGUARD STAR FDSADDED+1.2K13.6K+$76,895$764,370
VANGUARD INDEX FDSTRIMMED−9799.6K−$30,105$2M
AAPLAPPLE INCTRIMMED−2783.2K+$46,085$612,601
ISHARES TRTRIMMED−591.0K−$3,381$262,194

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

Holdings — Q2 2023

11 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P500 ETF · CORE 1 5 YR USD · ESG MSCI LEADR · ESG AWARE MSCI · CORE US AGGBD ET · CORE S&P SCP ETF · ESG AWR US AGRGT · MSCI USA ESG SLC · CORE S&P MCP ETF33.84%$56M434.6K
2VANGUARD BD INDEX FDSSHORT TRM BOND · TOTAL BND MRKT25.51%$42M567.1K
3VANGUARD INDEX FDSSMALL CP ETF · REAL ESTATE ETF · TOTAL STK MKT · LARGE CAP ETF · MID CAP ETF22.54%$37M255.9K
4VANGUARD INTL EQUITY INDEX FALLWRLD EX US10.37%$17M315.2K
5VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT2.94%$5M105.3K
6VANGUARD WORLD FDESG INTL STK ETF · ESG US STK ETF1.79%$3M53.9K
7SPDR SER TRPORTFOLIO S&P5001.74%$3M55.3K
8VANGUARD STAR FDSVG TL INTL STK F0.46%$764,37013.6K
9AAPLAPPLE INCCOM0.37%$612,6013.2K
10SPDR S&P 500 ETF TRTR UNIT0.26%$425,992961
11SCHWAB STRATEGIC TRUS REIT ETF0.18%$292,84215.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$259M33Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025$259M30Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$256M29Oct 8, 202513F-HRchanges · EDGAR ↗
Q2 2025$233M29Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$214M28May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$212M27Jan 30, 202513F-HRchanges · EDGAR ↗
Q3 2024$214M27Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$198M27Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$194M28Apr 17, 202413F-HRchanges · EDGAR ↗
Q4 2023$172M26Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$164M25Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$165M25Jul 13, 202313F-HRchanges · EDGAR ↗
Q1 2023$162M26Apr 20, 202313F-HRchanges · EDGAR ↗
Q4 2022$152M26Jan 11, 202313F-HRchanges · EDGAR ↗
Q3 2022$144M27Nov 1, 2022RESTATEMENTchanges · EDGAR ↗
Q2 2022$9M64Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$159M28Apr 26, 2022RESTATEMENTchanges · EDGAR ↗
Q4 2021$161M24Jan 13, 202213F-HRchanges · EDGAR ↗
Q3 2021$153M27Oct 19, 202113F-HRchanges · EDGAR ↗
Q2 2021$148M27Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$140M27Apr 28, 202113F-HRchanges · EDGAR ↗
Q4 2020$136M27Jan 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$119M26Oct 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$109M24Aug 11, 202013F-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 ↗.