Cherry Tree Wealth Management, LLC
Long book
$472.7M
Q1 2026
Positions
582
Top-10 weight
36%
concentration
Last quarter
+8.0%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsCherry Tree Wealth Management, LLC is a wealth-management firm allocating client money, running a $472.7M US long book across 582 positions.
The portfolio is moderately concentrated (top 10 ≈ 36% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SS SPDR P INT C CORP ETF, SS SPDR P ST C CORP ETF, VANGUARD TOTAL BOND MARKET, VANGUARD FTSE DEVELOPED ETF, VANGUARD VALUE ETF.
Over the last 9 quarters its long book ran on average 1.4pp per quarter behind the S&P 500, beating the index in 3 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
+6.4%
Q3 2024
-1.9%
Q4 2024
+1.1%
Q1 2025
+5.8%
Q2 2025
+4.9%
Q3 2025
+2.4%
Q4 2025
+0.8%
Q1 2026
+8.0%
Sector allocation
Technology 31%
Consumer discretionary 17%
Financials 16%
Healthcare 13%
Industrials 12%
Consumer staples 3%
Energy 2%
Other 2%
Long book by quarter
What does Cherry Tree own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| TITN TITAN MACHINERY INC | Consumer discretionary | 245.5K | $4.1M | 0.9% | +1.4% |
| AAPL APPLE INC | Technology | 13.1K | $3.3M | 0.7% | -1.4% |
| MSFT MICROSOFT CORP | Technology | 8.0K | $3.0M | 0.6% | +0.1% |
| TROW T ROWE PRICE GROUP INC | Financials | 28.2K | $2.5M | 0.5% | Held |
| NVDA NVIDIA CORP | Technology | 9.1K | $1.6M | 0.3% | -5.2% |
| EMR EMERSON ELECTRIC CO | Industrials | 12.1K | $1.6M | 0.3% | Held |
| LLY ELI LILLY & CO | Healthcare | 1.5K | $1.4M | 0.3% | +0.1% |
| GOOGL ALPHABET INC-CL A | Technology | 3.4K | $989K | 0.2% | -2.2% |
| MMM 3M CO | Healthcare | 6.8K | $988K | 0.2% | -5.1% |
| AXP AMERICAN EXPRESS CO | Financials | 2.5K | $750K | 0.2% | Held |
| MDT MEDTRONIC PLC | Healthcare | 8.4K | $725K | 0.2% | -24.7% |
| GOOG ALPHABET INC-CL C | Technology | 2.5K | $719K | 0.2% | +2.4% |
| PG PROCTER & GAMBLE CO/THE | Other | 3.6K | $524K | 0.1% | -11.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.3K | $480K | 0.1% | +0.5% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 5, 2026 | 582 | $472.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 10, 2026 | 586 | $473.6M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 24, 2025 | 590 | $455.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 5, 2025 | 606 | $430.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 21, 2025 | 756 | $414.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 4, 2025 | 644 | $404.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 613 | $421.8M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 6, 2024 | 596 | $398.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 1, 2024 | 595 | $397.6M | canonical | SEC ↗ |