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BLUESTEM FINANCIAL ADVISORS, LLC — 13F Holdings & Portfolio

CIK 1820680 · latest 13F-HR filed 2026-04-29

Backtest portfolio

BLUESTEM FINANCIAL ADVISORS, LLC manages $258.9M in 13F-reported U.S. long-equity assets across 33 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are IVV (20.66%), BND (20.64%), VEU (12.65%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 1, added to 1, and trimmed 7.

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

$258.9M

Long-equity book

Holdings

33

Distinct positions

Period

2026-03-31

Filed 2026-04-29

Q/Q Activity

+4 / −1 / ↑1 / ↓7

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • STATE STR SPDR S&P 500 ETF T$162.0K +30.2%
Show all 1 →

Top Trims

  • ISHARES TR-$626.0K -12.1%
  • SPDR SERIES TRUST-$508.5K -12.7%
  • ISHARES TR-$360.8K -6.1%
  • MICROSOFT CORP-$181.4K -23.0%
  • APPLE INC-$100.2K -12.5%
Show all 7 →

New Positions

  • VANGUARD MUN BD FDS$1.5M
  • ISHARES TR$821.7K
  • AMPHENOL CORP$239.4K
  • BERKSHIRE HATHAWAY INC DEL$229.1K
Show all 4 →

Exited Positions

  • VANGUARD INDEX FDS$570.9K
Show all 1 →
All Holdings

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 TR IVV 464287200 $53.5M 20.66% 81,893 SH
2 VANGUARD BD INDEX FDS BND 921937835 $53.5M 20.64% 725,952 SH
3 VANGUARD INTL EQUITY INDEX F VEU 922042775 $32.7M 12.65% 436,044 SH
4 VANGUARD INDEX FDS VB 922908751 $32.4M 12.50% 123,580 SH
5 VANGUARD INDEX FDS VNQ 922908553 $13.9M 5.37% 156,811 SH
6 ISHARES TR EAGG 46435U549 $6.6M 2.55% 138,765 SH
7 VANGUARD BD INDEX FDS BSV 921937827 $6.5M 2.50% 82,716 SH
8 ISHARES TR SUSL 46435U218 $5.6M 2.16% 49,270 SH
9 VANGUARD TAX-MANAGED FDS VEA 921943858 $5.6M 2.15% 86,840 SH
10 VANGUARD INDEX FDS VTI 922908769 $5.2M 2.02% 16,312 SH
11 ISHARES TR ESML 46435U663 $4.7M 1.81% 99,516 SH
12 ISHARES TR ISTB 46432F859 $4.6M 1.76% 94,195 SH
13 ISHARES TR AGG 464287226 $4.3M 1.67% 43,632 SH
14 VANGUARD WORLD FD VSGX 921910725 $4.2M 1.63% 58,666 SH
15 SPDR SERIES TRUST SPYM 78464A854 $3.5M 1.35% 45,573 SH
16 VANGUARD INDEX FDS VOO 922908363 $3.4M 1.30% 5,627 SH
17 ISHARES TR IJR 464287804 $2.9M 1.13% 23,595 SH
18 VANGUARD INDEX FDS VV 922908637 $2.5M 0.96% 8,278 SH
19 VANGUARD STAR FDS VXUS 921909768 $2.4M 0.94% 31,668 SH
20 SCHWAB STRATEGIC TR SCHA 808524607 $2.3M 0.87% 77,805 SH
21 VANGUARD MUN BD FDS VTEB 922907746 $1.5M 0.58% 30,112 SH
22 ISHARES TR SUSA 464288802 $1.4M 0.55% 10,861 SH
23 VANGUARD INDEX FDS VO 922908629 $1.1M 0.43% 3,879 SH
24 ISHARES TR ITOT 464287150 $821.7K 0.32% 5,769 SH
25 APPLE INC AAPL 037833100 $701.3K 0.27% 2,763 SH
26 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $697.9K 0.27% 1,073 SH
27 MICROSOFT CORP MSFT 594918104 $606.3K 0.23% 1,638 SH
28 SCHWAB STRATEGIC TR SCHH 808524847 $529.8K 0.20% 24,652 SH
29 ISHARES TR IJH 464287507 $338.7K 0.13% 5,015 SH
30 VANGUARD WORLD FD ESGV 921910733 $275.4K 0.11% 2,453 SH
31 DBX ETF TR USSG 233051150 $255.7K 0.10% 4,285 SH
32 AMPHENOL CORP APH 032095101 $239.4K 0.09% 1,895 SH
33 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $229.1K 0.09% 478 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-29 $258.9M 33 0001820680-26-000002
2025-12-31 2026-01-21 $258.9M 30 0001214659-26-000685