Accredited Investors Inc.
Long book
$1.86B
Q1 2026
Positions
281
Top-10 weight
56%
concentration
Last quarter
+17.9%
SPY +14.8%
Turnover
19%
of book per quarter
Strategy in plain words
auto-generated from filingsAccredited Investors Inc. is a wealth-management firm allocating client money, running a $1.86B US long book across 281 positions.
The portfolio is concentrated: the top 10 names carry 56% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: AVANTIS INTL S/C VALUE ETF, SCHWAB US BROAD MARKET ETF, VANGUARD VALUE ETF, ISHARES CORE S&P MIDCAP ETF, ISHARES RUSSELL 2000 ETF.
Over the last 9 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.0%
Q2 2024
+7.3%
Q3 2024
+0.4%
Q4 2024
-2.9%
Q1 2025
+9.6%
Q2 2025
+7.7%
Q3 2025
+2.8%
Q4 2025
-1.5%
Q1 2026
+17.9%
Sector allocation
Technology 26%
Financials 22%
Industrials 21%
Services media 11%
Consumer discretionary 10%
Healthcare 5%
Consumer staples 1%
Other 1%
Long book by quarter
What does Accredited Investors own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 783.7K | $77.1M | 4.2% | Held |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 93 | $66.8M | 3.6% | +8.1% |
| SEZL SEZZLE INC | Services media | 886.6K | $56.1M | 3.0% | -2.9% |
| AAPL APPLE INC | Technology | 214.2K | $54.4M | 2.9% | -4.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 222.8K | $46.4M | 2.5% | -2.9% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 57.6K | $27.6M | 1.5% | +15.7% |
| CHRW C.H. ROBINSON WORLDWIDE INC | Industrials | 132.6K | $22.0M | 1.2% | +24.5% |
| RBLX ROBLOX CORP -CLASS A | Technology | 376.6K | $21.3M | 1.1% | Held |
| MSFT MICROSOFT CORP | Technology | 41.2K | $15.3M | 0.8% | -0.6% |
| NVDA NVIDIA CORP | Technology | 69.0K | $12.0M | 0.6% | 0.0% |
| GOOG ALPHABET INC-CL C | Technology | 36.8K | $10.6M | 0.6% | -4.6% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 51.8K | $10.5M | 0.6% | -0.8% |
| ONB OLD NATIONAL BANCORP | Financials | 366.5K | $8.1M | 0.4% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 20.6K | $6.0M | 0.3% | -2.1% |
| GOOGL ALPHABET INC-CL A | Technology | 18.2K | $5.2M | 0.3% | -5.2% |
| GIS GENERAL MILLS INC | Consumer staples | 109.5K | $4.1M | 0.2% | -5.0% |
| MMM 3M CO | Healthcare | 27.8K | $4.0M | 0.2% | -2.6% |
| META META PLATFORMS INC-CLASS A | Technology | 6.9K | $4.0M | 0.2% | +17.0% |
| LLY ELI LILLY & CO | Healthcare | 4.3K | $3.9M | 0.2% | +6.6% |
| CELC CELCUITY INC | Healthcare | 27.0K | $3.1M | 0.2% | -0.5% |
| USB US BANCORP | Financials | 58.8K | $3.1M | 0.2% | -2.2% |
| XOM EXXON MOBIL CORP | Energy | 17.6K | $3.0M | 0.2% | -3.5% |
| LH LABCORP HOLDINGS INC | Healthcare | 10.7K | $2.8M | 0.2% | New |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 2.8K | $2.8M | 0.2% | +7.8% |
| UNH UNITEDHEALTH GROUP INC | Financials | 9.7K | $2.6M | 0.1% | -7.9% |
| TCMD TACTILE SYSTEMS TECHNOLOGY I | Healthcare | 94.9K | $2.5M | 0.1% | -17.7% |
| TRV TRAVELERS COS INC/THE | Financials | 8.3K | $2.4M | 0.1% | Held |
| TSLA TESLA INC | Industrials | 6.0K | $2.2M | 0.1% | -3.1% |
| GGG GRACO INC | Industrials | 23.7K | $2.0M | 0.1% | -0.8% |
| V VISA INC-CLASS A SHARES | Services media | 6.5K | $2.0M | 0.1% | -3.2% |
| XEL XCEL ENERGY INC | Utilities | 22.8K | $1.8M | 0.1% | +1.6% |
| ABBV ABBVIE INC | Healthcare | 8.2K | $1.8M | 0.1% | -12.7% |
| ORCL ORACLE CORP | Technology | 11.9K | $1.8M | 0.1% | -1.0% |
| JNJ JOHNSON & JOHNSON | Healthcare | 7.2K | $1.8M | 0.1% | -17.2% |
| WMT WALMART INC | Consumer discretionary | 14.0K | $1.7M | 0.1% | -9.4% |
| HD HOME DEPOT INC | Consumer discretionary | 5.2K | $1.7M | 0.1% | -4.9% |
| PWR QUANTA SERVICES INC | Industrials | 3.1K | $1.7M | 0.1% | Held |
| AVGO BROADCOM INC | Technology | 5.1K | $1.6M | 0.1% | -3.8% |
| GE GENERAL ELECTRIC | Industrials | 5.4K | $1.5M | 0.1% | +25.9% |
| PG PROCTER & GAMBLE CO/THE | Other | 10.4K | $1.5M | 0.1% | -0.7% |
| ABT ABBOTT LABORATORIES | Healthcare | 14.4K | $1.5M | 0.1% | -0.9% |
| AXP AMERICAN EXPRESS CO | Financials | 4.8K | $1.5M | 0.1% | -2.6% |
| FAST FASTENAL CO | Consumer discretionary | 30.4K | $1.4M | 0.1% | -6.3% |
| MRK MERCK & CO. INC. | Healthcare | 10.9K | $1.3M | 0.1% | -7.3% |
| AON AON PLC-CLASS A | Financials | 4.1K | $1.3M | 0.1% | -2.8% |
| CAT CATERPILLAR INC | Industrials | 1.8K | $1.3M | 0.1% | -0.2% |
| PEP PEPSICO INC | Consumer staples | 8.1K | $1.3M | 0.1% | -11.7% |
| MCD MCDONALD'S CORP | Consumer discretionary | 4.0K | $1.2M | 0.1% | Held |
| GEV GE VERNOVA INC | Industrials | 1.4K | $1.2M | 0.1% | +13.5% |
| BAC BANK OF AMERICA CORP | Financials | 25.2K | $1.2M | 0.1% | -6.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 30, 2026 | 281 | $1.86B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 5, 2026 | 284 | $1.88B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 30, 2025 | 264 | $1.79B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 239 | $1.69B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 238 | $1.61B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 228 | $1.71B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ARESTATEMENT | Nov 6, 2024 | 236 | $1.75B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 5, 2024 | 236 | $1.75B | SEC ↗ | |
| Q2 2024 | 13F-HR | Jul 19, 2024 | 220 | $1.60B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 210 | $1.56B | canonical | SEC ↗ |