Managers / Q4 2025 · view latest →
Financial Perspectives, Inc
CIK 0002003287 · 3300 FERNBROOK LN N, SUITE 250, MINNEAPOLIS, MN, 55447 · 7633347211
Summary
Financial Perspectives, Inc reported $371M in U.S.-listed holdings across 714 positions for Q4 2025.
Its largest position, Vanguard World Fd, represents 5.6% of the portfolio.
Compared with Q3 2025, the fund opened 33 new positions and exited 43.
Portfolio Metrics
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
Portfolio Composition
- ETP · 49.8% · $185M
- Common Stock · 38.8% · $144M
- Other · 6.9% · $26M
- ADR · 4.3% · $16M
- REIT · 0.2% · $560,769
- Other · 0.0% · $68,748
Quarter-over-Quarter Changes full breakdown →
vs Q3 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| ISHARES TR | NEW | +1.0K | 1.0K | +$101,367 | $101,367 |
| ISHARES TR | NEW | +1.3K | 1.3K | +$74,894 | $74,894 |
| SIMPLIFY EXCHANGE TRADED FUN | NEW | +3.4K | 3.4K | +$59,098 | $59,098 |
| PUTNAM ETF TRUST | NEW | +5.2K | 5.2K | +$45,888 | $45,888 |
| ULUNILEVER PLC | NEW | +563 | 563 | +$36,820 | $36,820 |
| SOLSSOLSTICE ADVANCED MATLS INC | NEW | +711 | 711 | +$34,540 | $34,540 |
| FIRST TR EXCHNG TRADED FD VI | NEW | +550 | 550 | +$26,861 | $26,861 |
| RDVYFIRST TR EXCHANGE TRADED FD | NEW | +375 | 375 | +$26,051 | $26,051 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | VANGUARD WHITEHALL FDS | HIGH DIV YLD · INTL HIGH ETF · INTL DVD ETF | 11.51% | $43M | 386.9K |
| 2 | ISHARES TR | S&P 500 GRWT ETF · CORE HIGH DV ETF · CORE S&P500 ETF · CORE DIV GRWTH · U.S. TECH ETF · INTL SEL DIV ETF · RUS 1000 GRW ETF | 10.18% | $38M | 326.7K |
| 3 | VDCVANGUARD WORLD FD | INF TECH ETF · CONSUM STP ETF | 6.45% | $24M | 42.0K |
| 4 | MEDTRONIC PLC | SHS | 5.62% | $21M | 217.3K |
| 5 | AAPLAPPLE INChistory → | COM | 4.68% | $17M | 63.9K |
| 6 | MSFTMICROSOFT CORPhistory → | COM | 4.33% | $16M | 33.2K |
| 7 | FIDELITY COVINGTON TRUST | MSCI INFO TECH I · CONSMR STAPLES · MSCI ENERGY IDX | 3.86% | $14M | 215.6K |
| 8 | BSXBOSTON SCIENTIFIC CORPhistory → | COM | 3.47% | $13M | 135.2K |
| 9 | AVGOBROADCOM INChistory → | COM | 3.03% | $11M | 32.5K |
| 10 | TSMTAIWAN SEMICONDUCTOR MFG LTDhistory → | SPONSORED ADS | 2.75% | $10M | 33.5K |
| 11 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 2.70% | $10M | 45.7K |
| 12 | GOOGALPHABET INC | CAP STK CL C · CAP STK CL A | 2.66% | $10M | 31.5K |
| 13 | NVDANVIDIA CORPORATIONhistory → | COM | 2.26% | $8M | 45.1K |
| 14 | AMZNAMAZON COM INChistory → | COM | 1.38% | $5M | 22.2K |
| 15 | SPDR S&P 500 ETF TR | TR UNIT | 1.31% | $5M | 7.1K |
| 16 | VTVVANGUARD INDEX FDS | S&P 500 ETF SHS · VALUE ETF | 1.14% | $4M | 12.0K |
| 17 | TSLATESLA INChistory → | COM | 1.05% | $4M | 8.6K |
| 18 | JPMJPMORGAN CHASE & CO. | COM | 0.92% | $3M | 10.5K |
| 19 | SHOPSHOPIFY INC | CL A SUB VTG SHS | 0.82% | $3M | 18.9K |
| 20 | ABBVABBVIE INC | COM | 0.81% | $3M | 13.2K |
| 21 | METAMETA PLATFORMS INC | CL A | 0.78% | $3M | 4.4K |
| 22 | MLB1MERCADOLIBRE INC | COM | 0.72% | $3M | 1.3K |
| 23 | J P MORGAN EXCHANGE TRADED F | ULTRA SHRT ETF | 0.65% | $2M | 47.5K |
| 24 | CGGOUSDCAPITAL GROUP GBL GROWTH EQT | SHS CREATION UNI | 0.64% | $2M | 68.6K |
| 25 | CGGRUSDCAPITAL GROUP GROWTH ETF | SHS CREATION UNI | 0.62% | $2M | 52.0K |
| 26 | MMM3M CO | COM | 0.58% | $2M | 13.5K |
| 27 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.57% | $2M | 3.4K |
| 28 | ASML HOLDING N V | N Y REGISTRY SHS | 0.55% | $2M | 1.9K |
| 29 | SCHWAB STRATEGIC TR | US DIVIDEND EQ | 0.49% | $2M | 66.6K |
| 30 | SESEA LTD | SPONSORD ADS | 0.46% | $2M | 13.3K |
| 31 | JNJJOHNSON & JOHNSON | COM | 0.45% | $2M | 8.1K |
| 32 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.41% | $2M | 3.0K |
| 33 | UNHUNITEDHEALTH GROUP INC | COM | 0.38% | $1M | 4.3K |
| 34 | MUMICRON TECHNOLOGY INC | COM | 0.33% | $1M | 4.3K |
| 35 | AMGNAMGEN INC | COM | 0.32% | $1M | 3.7K |
| 36 | CRCCANADIAN NAT RES LTD | COM | 0.31% | $1M | 33.5K |
| 37 | ISHARES U S ETF TR | U.S. TECH INDEPD | 0.30% | $1M | 10.9K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $358M | 716 | May 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $371M | 714 | Jan 28, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $361M | 724 | Oct 22, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $331M | 724 | Jul 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $292M | 724 | Apr 18, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $298M | 726 | Feb 3, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $288M | 685 | Oct 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $271M | 681 | Aug 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $264M | 669 | Apr 19, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $246M | 706 | Feb 1, 2024 | 13F-HR | changes · 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 ↗.