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Gradient Investments LLC — 13F Holdings & Portfolio

CIK 1542265 · latest 13F-HR filed 2026-10-08

Backtest portfolio

Gradient Investments LLC manages $7.00B in 13F-reported U.S. long-equity assets across 457 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are SPYM (5.82%), NVDA (2.86%), AAPL (2.15%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 44 new positions and exited 35; 117 existing positions rose in reported value and 178 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$7.00B

Long-equity book

Holdings
457

Distinct positions

Period
2026-09-30

Filed 2026-10-08

Q/Q Activity
+44 / −35 / ↑117 / ↓178

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
SPYM5.8% · +1%NVDA2.9% · -9%AAPL2.2% · -10%MSFT2.1% · -7%AMZN1.9% · -9%AVDE1.9% · +2%SEPU1.8% · +2%DMBS1.8% · -14%JMBS1.6% · +2%RECS1.6% · +1%SPDW1.5% · -3%GLDM1.5% · -14%GOOG1.4% · -14%AVEM1.4% · +1%QQQM1.2% · +2%AVGO1.1% · +9%AVUS1.0% · +13%XTEN1.0% · -13%JAAA0.9% · -6%META0.9% · -41%JPM0.9% · -10%PRFD0.9% · +2%SPAB0.9% · +5%XSVN0.8% · -10%FEBT0.8% · +1%SPYI0.8% · +1%CVX0.8% · -12%GS0.8% · -10%XLF0.8% · +1%RUNN0.8% · newMUB0.8% · +16%MS0.8% · -8%DABS0.8% · -8%UYLD0.8% · +2%GSY0.7% · +0%ETN0.7% · -0%BBBS0.7% · -9%TGT0.7% · -20%UNH0.7% · -9%PANW0.7% · -33%LRCX0.7% · -6%EEM0.6% · newFOXY0.6% · +42%KO0.6% · -8%SPIB0.6% · -0%DDFZ0.6% · +1%FTSM0.6% · -3%CRWD0.6% · +264%SPTI0.6% · -1%CRPT0.6% · +14%IVV0.6% · -7%PG0.6% · +6%V0.6% · -17%WMT0.6% · +1%MDT0.6% · -9%AGGH0.6% · +10%BIL0.5% · -10%APH0.5% · +89%BAC0.5% · -5%GOOGL0.5% · +6%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 23.5%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People
Assets Under Management
$8.20B
Discretionary
$8.20B
Employees
40
Accounts
77,311
Address
4105 LEXINGTON AVENUE NORTH
SUITE 250
ARDEN HILLS, MN 55126
Phone
(888) 824-3525
Website
This firm reports 1 disclosure item on its registration.
Name Title / Status Ownership Type
BINGER, MICHAEL, ARTHUR ControlPRESIDENTLess than 5%Individual
LUCIUS FAMILY REVOCABLE TRUST ControlMEMBER50–75%Domestic Entity
LUCIUS, TAMI, JEAN ControlTRUSTEEGeneral partnerIndividual
MERAKI HOLDING, LLC ControlMEMBER75% or moreDomestic Entity
MERAKI INTERMEDIATE HOLDINGS, LLC ControlMEMBER75% or moreDomestic Entity
MERAKI PRIVATE EQUITY, LLC ControlMEMBER10–25%Domestic Entity
MERAKI PRIVATE EQUITY, LLC ControlMEMBER75% or moreDomestic Entity
THE LUCIUS FAMILY TRUST ControlMEMBER75% or moreDomestic Entity
Alexander, NICOLE, SHELTONCHIEF COMPLIANCE OFFICERLess than 5%Individual
GRADIENT DISTRIBUTIONS, LLCMEMBER10–25%Domestic Entity

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Gradient Investments LLC Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SPDR SERIES TRUST SPYM 78464A854 $407.1M 5.82% 4,535,435 SH
2 NVIDIA CORPORATION NVDA 67066G104 $200.4M 2.86% 877,645 SH
3 APPLE INC AAPL 037833100 $150.8M 2.15% 452,884 SH
4 MICROSOFT CORP MSFT 594918104 $144.8M 2.07% 282,382 SH
5 AMAZON COM INC AMZN 023135106 $135.8M 1.94% 545,198 SH
6 AMERICAN CENTY ETF TR AVDE 025072703 $132.7M 1.90% 1,472,875 SH
7 AIM ETF PRODUCTS TRUST SEPU 00888H554 $124.2M 1.77% 3,917,523 SH
8 DOUBLELINE ETF TRUST DMBS 25861R402 $123.1M 1.76% 2,658,526 SH
9 JANUS DETROIT STR TR JMBS 47103U852 $115.4M 1.65% 2,731,438 SH
10 COLUMBIA ETF TR I RECS 19761L706 $109.9M 1.57% 2,437,856 SH
11 SPDR INDEX SHS FDS SPDW 78463X889 $108.4M 1.55% 2,158,701 SH
12 WORLD GOLD TR GLDM 98149E303 $107.9M 1.54% 1,313,275 SH
13 ALPHABET INC GOOG 02079K107 $100.8M 1.44% 295,956 SH
14 AMERICAN CENTY ETF TR AVEM 025072604 $97.7M 1.40% 1,038,908 SH
15 INVESCO EXCH TRADED FD TR II QQQM 46138G649 $85.2M 1.22% 279,532 SH
16 BROADCOM INC AVGO 11135F101 $78.7M 1.12% 224,134 SH
17 AMERICAN CENTY ETF TR AVUS 025072885 $70.1M 1.00% 547,307 SH
18 BONDBLOXX ETF TRUST XTEN 09789C812 $70.0M 1.00% 1,652,345 SH
19 JANUS DETROIT STR TR JAAA 47103U845 $63.0M 0.90% 1,247,618 SH
20 META PLATFORMS INC META 30303M102 $62.5M 0.89% 86,137 SH
21 JPMORGAN CHASE & CO JPM 46625H100 $61.2M 0.87% 185,011 SH
22 PIMCO ETF TR PRFD 72201R619 $60.4M 0.86% 1,233,966 SH
23 SPDR SERIES TRUST SPAB 78464A649 $59.9M 0.86% 2,457,803 SH
24 BONDBLOXX ETF TRUST XSVN 09789C820 $59.2M 0.85% 1,326,043 SH
25 AIM ETF PRODUCTS TRUST FEBT 00888H828 $58.5M 0.84% 1,387,489 SH
26 NEOS ETF TRUST SPYI 78433H303 $58.2M 0.83% 1,095,332 SH
27 CHEVRON CORPORATION CVX 166764100 $58.2M 0.83% 285,053 SH
28 GOLDMAN SACHS GROUP INC GS 38141G104 $57.4M 0.82% 63,712 SH
29 SELECT SECTOR SPDR TR XLF 81369Y605 $56.6M 0.81% 1,059,578 SH
30 STRATEGIC TRUST RUNN 48817R870 $56.2M 0.80% 1,728,445 SH
31 ISHARES TR MUB 464288414 $55.8M 0.80% 551,931 SH
32 MORGAN STANLEY MS 617446448 $55.2M 0.79% 293,236 SH
33 DOUBLELINE ETF TRUST DABS 25861R808 $55.0M 0.79% 1,105,702 SH
34 ANGEL OAK FUNDS TRUST UYLD 03463K752 $52.6M 0.75% 1,036,433 SH
35 INVESCO ACTIVELY MANAGED EXC GSY 46090A887 $51.7M 0.74% 1,034,881 SH
36 EATON CORP PLC ETN G29183103 $50.0M 0.71% 116,253 SH
37 BONDBLOXX ETF TRUST BBBS 09789C754 $48.4M 0.69% 969,777 SH
38 TARGET CORP TGT 87612E106 $47.9M 0.68% 305,837 SH
39 UNITEDHEALTH GROUP INC UNH 91324P102 $46.9M 0.67% 127,787 SH
40 PALO ALTO NETWORKS INC PANW 697435105 $46.7M 0.67% 117,516 SH
41 LAM RESEARCH CORP LRCX 512807306 $46.3M 0.66% 141,039 SH
42 ISHARES TR EEM 464287234 $45.3M 0.65% 678,267 SH
43 SIMPLIFY EXCHANGE TRADED FUN FOXY 82889N368 $44.9M 0.64% 1,679,257 SH
44 COCA COLA CO KO 191216100 $44.6M 0.64% 518,454 SH
45 SPDR SERIES TRUST SPIB 78464A375 $44.3M 0.63% 1,370,913 SH
46 INNOVATOR ETFS TRUST DDFZ 45784N197 $43.7M 0.62% 2,210,137 SH
47 FIRST TR EXCHANGE-TRADED FD FTSM 33739Q408 $42.4M 0.61% 713,305 SH
48 CROWDSTRIKE HLDGS INC CRWD 22788C105 $42.2M 0.60% 159,515 SH
49 SPDR SERIES TRUST SPTI 78464A672 $41.7M 0.60% 1,530,221 SH
50 FIRST TR EXCHNG TRADED FD VI CRPT 33740F540 $41.7M 0.60% 2,678,665 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-08 $7.00B 457 0001542265-26-000006
2026-06-30 2026-07-08 $7.25B 448 0001542265-26-000005
2026-03-31 2026-04-13 $6.45B 420 0001542265-26-000003
2025-12-31 2026-01-08 $6.30B 343 0001542265-26-000001
Filer Information
Address
4105 LEXINGTON AVENUE NORTH
SUITE 250
ARDEN HILLS, MN 55126
Phone
(888) 824-3525
Filing Manager
Gradient Investments LLC
ARDEN HILLS, MN
Signatory
Nicole Alexander
Chief Compliance Officer