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High Note Wealth, LLC — 13F Holdings & Portfolio

CIK 1807283 · latest 13F-HR filed 2026-07-23

Backtest portfolio

High Note Wealth, LLC manages $586.2M in 13F-reported U.S. long-equity assets across 959 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are IVV (10.74%), XLK (5.87%), SCHM (5.77%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 99 new positions and exited 77; 538 existing positions rose in reported value and 191 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
$586.2M

Long-equity book

Holdings
959

Distinct positions

Period
2026-06-30

Filed 2026-07-23

Q/Q Activity
+99 / −77 / ↑538 / ↓191

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
IVV10.7% · +2%XLK5.9% · -2%SCHM5.8% · +1%ESGD5.5% · -0%BIL4.2% · +28%DBEF4.1% · +2%AAPL3.7% · +0%GOOGL3.1% · +0%FRDM3.0% · +2%VB2.5% · +1%AGG2.4% · +9%TLT2.1% · +11%AMZN1.9% · +2%EMXC1.7% · +1%IEF1.6% · -1%JPM1.6% · +1%XLV1.6% · -5%BRK.B1.5% · +1%MSFT1.4% · -1%PLTR1.3% · +0%NVDA1.3% · +1%WMT1.3% · +0%QQQ1.2% · -0%QQQM1.1% · +1%VEA1.0% · +17%DDLS1.0% · +2%XLC0.9% · -4%CRWD0.9% · +1%RTX0.9% · +1%ESGE0.9% · -0%XLI0.8% · -3%AVGO0.8% · +2%IBHF0.7% · +4%GS0.7% · +2323%XLE0.7% · -2%LLY0.7% · +2%FLTR0.6% · -1%IBIC0.6% · 0%UBER0.6% · +2%CSCO0.6% · -2%FXI0.5% · +1%GD0.5% · +2%AZO0.5% · -55%IBDS0.5% · +100%META0.5% · -0%IBDT0.5% · +104%IBDR0.5% · +92%IBDU0.4% · +126%XLF0.4% · -4%EBAY0.4% · -0%JEDI0.4% · +20584%LMT0.4% · +2%GLD0.4% · 0%XLB0.3% · -3%ABBV0.3% · -5%VOOG0.3% · +500%XOM0.3% · +3%NFLX0.3% · -0%UNH0.3% · -25%FBTC0.2% · new

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

Q1 26 → Q2 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 = 48.5%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 30, 2026.

Assets Under Management
$683.5M
Discretionary
$683.5M
Employees
8
Accounts
1,264
Address
18258 MINNETONKA BOULEVARD
SUITE 200
DEEPHAVEN, MN 55391-3359
Phone
(952) 224-7970
Website
Name Title / Status Ownership Type
FORRESTER, KATHERINE, MARIE ANTOINETTE ControlFOUNDER/CHIEF EXECUTIVE OFFICER
since Nov 2019
25–50%Individual
FORRESTER, MICHAEL, WAYNE ControlFOUNDER/CHIEF COMPLIANCE OFFICER
since Nov 2019
25–50%Individual
JANOVSKY, KYLE, JAMESCHIEF OPERATING OFFICER
since Jan 2023
5–10%Individual
WESTPHAL, SHAUN, NDIRECTOR OF FINANCIAL PLANNING
since Apr 2023
Less than 5%Individual
Ownership & leadership changes · 5 filings with changes since Sep 16, 2019

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Feb 18, 2025 filing
  • AddedWESTPHAL, SHAUN, N · DIRECTOR OF FINANCIAL PLANNING · Less than 5%
  • ChangedFORRESTER, KATHERINE, MARIE ANTOINETTE · ownership 50–75% → 25–50%
  • ChangedJANOVSKY, KYLE, JAMES · ownership Less than 5% → 5–10%
Mar 26, 2024 filing
  • AddedJANOVSKY, KYLE, JAMES · CHIEF OPERATING OFFICER · Less than 5%
Oct 17, 2023 filing
  • ChangedFORRESTER, KATHERINE, MARIE ANTOINETTE · title FOUNDER → FOUNDER/CHIEF EXECUTIVE OFFICER
Mar 3, 2020 filing
  • No longer listedRIAKA HOLDINGS, LLC · SOLE MEMBER · 75% or more · control person · listed since Sep 2019
  • ChangedFORRESTER, KATHERINE, MARIE ANTOINETTE · title MEMBER → FOUNDER
  • ChangedFORRESTER, MICHAEL, WAYNE · title MEMBER/CHIEF COMPLIANCE OFFICER → FOUNDER/CHIEF COMPLIANCE OFFICER
Nov 20, 2019 filing
  • No longer listedKupfer, Corey, NMN · SOLE MEMBER · 75% or more · indirect via RIAKA HOLDINGS, LLC · control person · listed since Mar 2019
  • AddedFORRESTER, KATHERINE, MARIE ANTOINETTE · MEMBER · 50–75% · control person
  • ChangedFORRESTER, MICHAEL, WAYNE · title CHIEF COMPLIANCE OFFICER → MEMBER/CHIEF COMPLIANCE OFFICER; ownership Less than 5% → 25–50%; now a control person
Sep 16, 2019 filing (earliest on record)
  • ListedFORRESTER, MICHAEL, WAYNE · CHIEF COMPLIANCE OFFICER · Less than 5%
  • ListedKupfer, Corey, NMN · SOLE MEMBER · 75% or more · indirect via RIAKA HOLDINGS, LLC · control person
  • ListedRIAKA HOLDINGS, LLC · SOLE MEMBER · 75% or more · control person

Quarter-over-quarter changes

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

High Note Wealth, LLC Holdings (2026-06-30)

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 ISHARES CORE S&P 500 ETF IVV 464287200 $63.0M 10.74% 84,099 SH
2 STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF XLK 81369Y803 $34.4M 5.87% 180,468 SH
3 SCHWAB U.S. MID-CAP ETF SCHM 808524508 $33.8M 5.77% 916,640 SH
4 ISHARES ESG AWARE MSCI EAFE ETF ESGD 46435G516 $32.2M 5.49% 313,173 SH
5 STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF BIL 78468R663 $24.6M 4.20% 268,466 SH
6 XTRACKERS MSCI EAFE HEDGED EQUITY ETF DBEF 233051200 $24.1M 4.11% 441,230 SH
7 APPLE INC COM AAPL 037833100 $21.8M 3.72% 75,392 SH
8 ALPHABET INC CAP STK CL A GOOGL 02079K305 $18.2M 3.11% 50,989 SH
9 FREEDOM 100 EMERGING MARKETS ETF FRDM 02072L607 $17.6M 3.00% 241,141 SH
10 VANGUARD SMALL-CAP ETF VB 922908751 $14.6M 2.48% 48,037 SH
11 ISHARES CORE U.S. AGGREGATE BOND ETF AGG 464287226 $14.1M 2.40% 142,048 SH
12 ISHARES 20 YEAR TREASURY BOND ETF TLT 464287432 $12.4M 2.11% 143,446 SH
13 AMAZON COM INC COM AMZN 023135106 $11.0M 1.87% 46,032 SH
14 ISHARES MSCI EMERGING MARKETS EX CHINA ETF EMXC 46434G764 $10.2M 1.74% 99,752 SH
15 ISHARES 7-10 YEAR TREASURY BOND ETF IEF 464287440 $9.6M 1.64% 101,586 SH
16 JPMORGAN CHASE & CO COM JPM 46625H100 $9.5M 1.63% 29,150 SH
17 STATE STREET HEALTH CARE SELECT SECTOR SPDR ETF XLV 81369Y209 $9.5M 1.61% 59,664 SH
18 BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B 084670702 $8.9M 1.52% 17,758 SH
19 MICROSOFT CORP COM MSFT 594918104 $8.3M 1.41% 22,176 SH
20 PALANTIR TECHNOLOGIES INC CL A PLTR 69608A108 $7.9M 1.34% 67,328 SH
21 NVIDIA CORPORATION COM NVDA 67066G104 $7.8M 1.34% 39,110 SH
22 WALMART INC COM WMT 931142103 $7.4M 1.26% 65,442 SH
23 INVESCO QQQ TRUST SERIES I QQQ 46090E103 $7.1M 1.21% 9,593 SH
24 INVESCO NASDAQ 100 ETF QQQM 46138G649 $6.4M 1.10% 21,236 SH
25 VANGUARD FTSE DEVELOPED MARKETS ETF VEA 921943858 $5.9M 1.01% 83,095 SH
26 WISDOMTREE DYNAMIC INTERNATIONAL SMALLCAP EQUITY FUND DDLS 97717X271 $5.9M 1.01% 133,915 SH
27 STATE STREET COMMUNICATION SERVICES SELECT SECTOR SPDR ETF XLC 81369Y852 $5.4M 0.92% 50,100 SH
28 CROWDSTRIKE HLDGS INC CL A CRWD 22788C105 $5.3M 0.90% 6,932 SH
29 RTX CORPORATION COM RTX 75513E101 $5.2M 0.89% 27,468 SH
30 ISHARES ESG AWARE MSCI EM ETF ESGE 46434G863 $5.2M 0.88% 94,530 SH
31 STATE STREET INDUSTRIAL SELECT SECTOR SPDR ETF XLI 81369Y704 $4.7M 0.80% 25,305 SH
32 BROADCOM INC COM AVGO 11135F101 $4.7M 0.80% 12,395 SH
33 ISHARES IBONDS 2026 TERM HIGH YIELD AND INCOME ETF IBHF 46436E528 $4.4M 0.75% 193,824 SH
34 GOLDMAN SACHS GROUP INC COM GS 38141G104 $4.3M 0.74% 4,264 SH
35 STATE STREET ENERGY SELECT SECTOR SPDR ETF XLE 81369Y506 $4.2M 0.71% 78,148 SH
36 ELI LILLY & CO COM LLY 532457108 $3.9M 0.67% 3,250 SH
37 VANECK IG FLOATING RATE ETF FLTR 92189F486 $3.8M 0.65% 147,905 SH
38 ISHARES IBONDS OCT 2026 TERM TIPS ETF IBIC 46438G505 $3.7M 0.64% 143,180 SH
39 UBER TECHNOLOGIES INC COM UBER 90353T100 $3.3M 0.56% 45,793 SH
40 CISCO SYS INC COM CSCO 17275R102 $3.2M 0.55% 27,596 SH
41 ISHARES CHINA LARGE-CAP ETF FXI 464287184 $3.2M 0.54% 100,470 SH
42 GENERAL DYNAMICS CORP COM GD 369550108 $3.1M 0.52% 8,680 SH
43 AUTOZONE INC COM AZO 053332102 $3.0M 0.51% 932 SH
44 ISHARES IBONDS DEC 2027 TERM CORPORATE ETF IBDS 46435UAA9 $2.9M 0.50% 121,071 SH
45 META PLATFORMS INC CL A META 30303M102 $2.9M 0.50% 5,189 SH
46 ISHARES IBONDS DEC 2028 TERM CORPORATE ETF IBDT 46435U515 $2.9M 0.49% 113,937 SH
47 ISHARES IBONDS DEC 2026 TERM CORPORATE ETF IBDR 46435GAA0 $2.9M 0.49% 117,814 SH
48 ISHARES IBONDS DEC 2029 TERM CORPORATE ETF IBDU 46436E205 $2.6M 0.45% 113,169 SH
49 STATE STREET FINANCIAL SELECT SECTOR SPDR ETF XLF 81369Y605 $2.4M 0.42% 45,540 SH
50 EBAY INC. COM EBAY 278642103 $2.4M 0.42% 21,829 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-23 $586.2M 959 0001807283-26-000006
2026-03-31 2026-05-11 $508.8M 938 0001807283-26-000004
2025-12-31 2026-02-05 $510.7M 913 0001807283-26-000001
2025-09-30 2025-11-04 $498.3M 872 0001807283-25-000007
Filer Information
Address
18258 MINNETONKA BOULEVARD
SUITE 200
DEEPHAVEN, MN 55391-3359
Phone
(952) 224-7970
Filing Manager
High Note Wealth, LLC
DEEPHAVEN, MN
Signatory
Dane Grouell
Consultant