SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Great Waters Wealth Management

CIK 0001964535 · 4100 LEXINGTON AVE., SUITE 100, SHOREVIEW, MN, 55126 · 612-360-2127

Reported Value
$504M
Q3 2023
Positions
93
Filings on Record
15
2019–present window
Filed
Oct 11, 2023
original filing

Summary

Great Waters Wealth Management reported $504M in U.S.-listed holdings across 93 positions for Q3 2023.

Its largest position, DFUSUSD, represents 13.6% of the portfolio.

Compared with Q2 2023, the fund opened 3 new positions and exited 5.

Portfolio Metrics

Turnover
+7.3%
vs prior filed quarter
Top-10 Concentration
+78.7%
share of reported value
Largest Position
+13.6%
Dimensional Etf
New / Exited
3 / 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 ’22: $465MQ4 ’22Q1 ’23: $473MQ2 ’23: $503MQ2 ’23Q3 ’23: $504MQ4 ’23: $564MQ4 ’23Q1 ’24: $612MQ2 ’24: $655MQ2 ’24Q3 ’24: $742MQ4 ’24: $779MQ4 ’24Q1 ’25: $721MQ2 ’25: $769MQ2 ’25Q3 ’25: $846MQ4 ’25: $909MQ4 ’25Q1 ’26: $945MQ2 ’26: $1.1BQ2 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 90.6%Common Stock: 8.9%REIT: 0.2%Other: 0.2%ADR: 0.0%
  • ETP · 90.6% · $457M
  • Common Stock · 8.9% · $45M
  • REIT · 0.2% · $1M
  • Other · 0.2% · $769,108
  • ADR · 0.0% · $156,520

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DIMENSIONAL ETF TRUSTNEW+329.7K329.7K+$7M$7M
TRI4EURTHOMSON REUTERS CORP.NEW+1.8K1.8K+$230,110$230,110
AMGNAMGEN INCNEW+802802+$214,511$214,511
SPDR INDEX SHS FDSSOLD OUT−160.0K0−$7M$0
THOMSON REUTERS CORP.SOLD OUT−1.8K0−$247,615$0
DYHTARGET CORPSOLD OUT−1.7K0−$218,292$0
HIGHARTFORD FINL SVCS GROUP INCSOLD OUT−2.9K0−$210,106$0
SCHWAB STRATEGIC TRSOLD OUT−3.8K0−$201,204$0

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

Holdings — Q3 2023

29 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DFUSUSDDIMENSIONAL ETF TRUSTUS EQUITY ETF · WORLD EX US CORE · CORE FIXED INCOM · INTL CORE EQUITY · SHORT DURATION F · US SMALL CAP ETF · US TARGETED VLU · EMGR CRE EQT MNG · US CORE EQUITY 2 · GLOBAL REAL EST62.82%$317M9.91M
2VANGUARD BD INDEX FDSTOTAL BND MRKT12.25%$62M897.2K
3ACWIISHARES TRRUSSELL 2000 ETF · RUS 1000 GRW ETF · MSCI EAFE ETF · RUS 1000 VAL ETF · MSCI ACWI ETF8.92%$45M284.0K
4SCHWAB STRATEGIC TRUS DIVIDEND EQ · US BRD MKT ETF · SHT TM US TRES · US LCAP GR ETF · US SML CAP ETF · US MID-CAP ETF · INTL EQTY ETF · US AGGREGATE B2.46%$12M239.3K
5UNHUNITEDHEALTH GROUP INChistory →COM1.97%$10M18.9K
6AAPLAPPLE INChistory →COM1.27%$6M36.1K
7VANGUARD MUN BD FDSTAX EXEMPT BD0.90%$5M95.7K
8HONGBPHONEYWELL INTL INCCOM0.55%$3M14.9K
9MMM3M COCOM0.54%$3M30.6K
10INVESCO EXCH TRADED FD TR IIS&P500 LOW VOL · FNDMNTL HY CRP0.53%$3M90.2K
11SPDR INDEX SHS FDSPORTFLI MSCI GBL0.47%$2M47.0K
12NVDANVIDIA CORPORATIONCOM0.47%$2M5.2K
13PIMCO ETF TRINV GRD CRP BD0.44%$2M24.8K
14SSGA ACTIVE ETF TRBLACKSTONE SENR0.42%$2M51.1K
15DCIDONALDSON INCCOM0.39%$2M33.2K
16VGSHVANGUARD SCOTTSDALE FDSSHORT TERM TREAS0.37%$2M32.1K
17MSFTMICROSOFT CORPCOM0.29%$1M4.5K
18XELXCEL ENERGY INCCOM0.26%$1M23.3K
19VANGUARD INTL EQUITY INDEX FFTSE EUROPE ETF0.24%$1M20.8K
20AMZNAMAZON COM INCCOM0.19%$977,2417.6K
21HWKNHAWKINS INCCOM0.18%$923,56915.5K
22GISGENERAL MLS INCCOM0.17%$877,40214.0K
23PFEPFIZER INCCOM0.17%$864,01926.1K
24IVTINVENTRUST PPTYS CORPCOM NEW0.17%$840,82635.0K
25COSTCOSTCO WHSL CORP NEWCOM0.16%$813,7901.5K
26TTCTORO COCOM0.16%$807,8829.6K
27TSLATESLA INCCOM0.16%$792,0303.0K
28ECLECOLAB INCCOM0.15%$750,9434.4K
29TERTERADYNE INCCOM0.14%$699,9597.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2026$1.1B128Jul 9, 202613F-HRchanges · EDGAR ↗
Q1 2026$945M121Apr 17, 202613F-HRchanges · EDGAR ↗
Q4 2025$909M117Jan 15, 202613F-HRchanges · EDGAR ↗
Q3 2025$846M114Oct 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$769M110Jul 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$721M103Apr 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$779M112Jan 17, 202513F-HRchanges · EDGAR ↗
Q3 2024$742M110Oct 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$655M104Jul 9, 202413F-HRchanges · EDGAR ↗
Q1 2024$612M99Apr 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$564M96Jan 19, 202413F-HRchanges · EDGAR ↗
Q3 2023$504M93Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$503M95Jul 7, 202313F-HRchanges · EDGAR ↗
Q1 2023$473M84Apr 25, 202313F-HRchanges · EDGAR ↗
Q4 2022$465M86Feb 3, 202313F-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 ↗.