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Financial Perspectives, Inc — 13F Holdings & Portfolio

CIK 2003287 · latest 13F-HR filed 2026-07-24

Backtest portfolio

Financial Perspectives, Inc manages $410.9M in 13F-reported U.S. long-equity assets across 728 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VGT (6.50%), VYM (5.65%), AAPL (4.55%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 26 new positions and exited 14; 393 existing positions rose in reported value and 158 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
$410.9M

Long-equity book

Holdings
728

Distinct positions

Period
2026-06-30

Filed 2026-07-24

Q/Q Activity
+26 / −14 / ↑393 / ↓158

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
VGT6.5% · +700%VYM5.7% · +1%AAPL4.5% · -1%MDT4.0% · -3%TSM3.8% · -2%VYMI3.4% · +4%IVW3.4% · +2%MSFT3.2% · +5%AVGO2.8% · -6%VIG2.6% · -2%HDV2.5% · +400%VIGI2.5% · -1%GOOG2.5% · +4%NVDA2.2% · -1%FTEC2.0% · +0%FSTA1.8% · +3%IVV1.5% · +6%BSX1.5% · +4%AMZN1.4% · +9%DGRO1.4% · -2%SPY1.3% · +1%MU1.0% · -26%CGGO0.9% · +16%VOO0.9% · +21%TSLA0.9% · +3%ASML0.9% · 0%JPM0.8% · 0%VDC0.8% · +2%ABBV0.8% · 0%IYW0.8% · +1%META0.8% · +30%MELI0.7% · +36%SCHD0.7% · +20%CGGR0.7% · +4%IDV0.6% · +3%SHOP0.6% · +20%QQQ0.6% · -0%MMM0.5% · 0%IWF0.5% · +323%JNJ0.5% · 0%CNQ0.5% · +48%JPST0.4% · +0%UNH0.4% · 0%SMH0.4% · -0%VTV0.4% · +2%FENY0.4% · -1%BRK.B0.4% · +2%VEA0.4% · +0%AMD0.3% · -0%GOOGL0.3% · -1%IWM0.3% · +4%AMGN0.3% · +0%FNDF0.3% · 0%SE0.3% · 0%USB0.3% · +0%VT0.3% · +12%COST0.3% · -1%VTI0.3% · +23%TDIV0.3% · -0%IETC0.3% · +1%

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 = 39.9%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 25, 2026.

Assets Under Management
$1.17B
Discretionary
$1.17B
Employees
14
Accounts
1,852
Address
3300 FERNBROOK LN N
SUITE 250
MINNEAPOLIS, MN 55447-5341
Phone
(763) 553-7779
Website
Name Title / Status Ownership Type
DUGAN, DANIEL, JAMES ControlCHIEF EXECUTIVE OFFICER
since Apr 2005
75% or moreIndividual
DUGAN, DAVID, WILLIAM ControlVICE PRESIDENT/SECRETARY/TREASURER
since Apr 2005
Less than 5%Individual
WILKEN, NICOLE, LYNN ControlCHIEF COMPLIANCE OFFICER
since Apr 2010
Less than 5%Individual
DUGAN, LUKE, MICHAELPRESIDENT & CHIEF OPERATING OFFICER
since Mar 2025
Less than 5%Individual
Ownership & leadership changes · 1 filing with changes since May 20, 2015

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.

Mar 25, 2026 filing
  • AddedDUGAN, LUKE, MICHAEL · PRESIDENT & CHIEF OPERATING OFFICER · Less than 5%
  • ChangedDUGAN, DANIEL, JAMES · title PRESIDENT → CHIEF EXECUTIVE OFFICER
May 20, 2015 filing (earliest on record)
  • ListedDUGAN, DANIEL, JAMES · PRESIDENT · 75% or more · control person
  • ListedDUGAN, DAVID, WILLIAM · VICE PRESIDENT/SECRETARY/TREASURER · Less than 5% · control person
  • ListedWILKEN, NICOLE, LYNN · CHIEF COMPLIANCE OFFICER · Less than 5% · 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.

Financial Perspectives, Inc 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 VANGUARD WORLD FD VGT 92204A702 $26.7M 6.50% 223,584 SH
2 VANGUARD WHITEHALL FDS VYM 921946406 $23.2M 5.65% 147,002 SH
3 APPLE INC AAPL 037833100 $18.7M 4.55% 64,612 SH
4 MEDTRONIC PLC MDT G5960L103 $16.6M 4.04% 212,224 SH
5 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $15.5M 3.77% 32,450 SH
6 VANGUARD WHITEHALL FDS VYMI 921946794 $14.1M 3.43% 143,597 SH
7 ISHARES TR IVW 464287309 $13.8M 3.37% 100,576 SH
8 MICROSOFT CORP MSFT 594918104 $13.1M 3.19% 35,154 SH
9 BROADCOM INC AVGO 11135F101 $11.5M 2.80% 30,495 SH
10 VANGUARD SPECIALIZED FUNDS VIG 921908844 $10.6M 2.58% 44,829 SH
11 ISHARES TR HDV 46429B663 $10.3M 2.50% 374,187 SH
12 VANGUARD WHITEHALL FDS VIGI 921946810 $10.2M 2.49% 109,719 SH
13 ALPHABET INC GOOG 02079K107 $10.1M 2.46% 28,624 SH
14 NVIDIA CORPORATION NVDA 67066G104 $8.9M 2.17% 44,608 SH
15 FIDELITY COVINGTON TRUST FTEC 316092808 $8.3M 2.03% 29,202 SH
16 FIDELITY COVINGTON TRUST FSTA 316092303 $7.3M 1.79% 139,634 SH
17 ISHARES TR IVV 464287200 $6.1M 1.49% 8,149 SH
18 BOSTON SCIENTIFIC CORP BSX 101137107 $6.0M 1.45% 139,697 SH
19 AMAZON COM INC AMZN 023135106 $5.7M 1.39% 24,039 SH
20 ISHARES TR DGRO 46434V621 $5.6M 1.36% 73,747 SH
21 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $5.4M 1.32% 7,238 SH
22 MICRON TECHNOLOGY INC MU 595112103 $4.2M 1.02% 3,642 SH
23 CAPITAL GROUP GBL GROWTH EQT CGGO 14020X104 $3.8M 0.94% 90,788 SH
24 VANGUARD INDEX FDS VOO 922908363 $3.8M 0.93% 5,535 SH
25 TESLA INC TSLA 88160R101 $3.7M 0.91% 8,877 SH
26 ASML HLDG NV ASML N07059210 $3.5M 0.85% 1,757 SH
27 JPMORGAN CHASE & CO JPM 46625H100 $3.5M 0.85% 10,646 SH
28 VANGUARD WORLD FD VDC 92204A207 $3.3M 0.81% 14,815 SH
29 ABBVIE INC ABBV 00287Y109 $3.3M 0.81% 13,220 SH
30 ISHARES TR IYW 464287721 $3.3M 0.80% 12,996 SH
31 META PLATFORMS INC META 30303M102 $3.2M 0.78% 5,703 SH
32 MERCADOLIBRE INC MELI 58733R102 $3.1M 0.75% 1,806 SH
33 SCHWAB STRATEGIC TR SCHD 808524797 $3.1M 0.75% 96,608 SH
34 CAPITAL GROUP GROWTH ETF CGGR 14020G101 $2.7M 0.65% 56,715 SH
35 ISHARES TR IDV 464288448 $2.6M 0.64% 63,096 SH
36 SHOPIFY INC SHOP 82509L107 $2.6M 0.63% 22,676 SH
37 INVESCO QQQ TR QQQ 46090E103 $2.5M 0.62% 3,448 SH
38 3M CO MMM 88579Y101 $2.3M 0.55% 13,927 SH
39 ISHARES TR IWF 464287614 $2.1M 0.50% 16,577 SH
40 JOHNSON & JOHNSON JNJ 478160104 $2.0M 0.50% 8,020 SH
41 CANADIAN NAT RES LTD MED TER CNQ 136385101 $2.0M 0.48% 49,700 SH
42 J P MORGAN EXCHANGE TRADED F JPST 46641Q837 $1.8M 0.44% 35,565 SH
43 UNITEDHEALTH GROUP INC UNH 91324P102 $1.8M 0.43% 4,284 SH
44 VANECK ETF TRUST SMH 92189F676 $1.8M 0.43% 2,693 SH
45 VANGUARD INDEX FDS VTV 922908744 $1.7M 0.41% 7,758 SH
46 FIDELITY COVINGTON TRUST FENY 316092402 $1.7M 0.41% 56,604 SH
47 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $1.5M 0.37% 3,015 SH
48 VANGUARD TAX-MANAGED FDS VEA 921943858 $1.5M 0.36% 20,632 SH
49 ADVANCED MICRO DEVICES INC AMD 007903107 $1.4M 0.35% 2,451 SH
50 ALPHABET INC GOOGL 02079K305 $1.4M 0.34% 3,915 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-24 $410.9M 728 0002003287-26-000003
2026-03-31 2026-05-11 $358.2M 716 0002003287-26-000002
2025-12-31 2026-01-28 $371.2M 714 0002003287-26-000001
2025-09-30 2025-10-22 $360.6M 724 0002003287-25-000006
Filer Information
Address
3300 FERNBROOK LN N
SUITE 250
MINNEAPOLIS, MN 55447
Phone
(763) 334-7211
Filing Manager
Financial Perspectives, Inc
MINNEAPOLIS, MN
Signatory
Nicole Wilken
Chief Compliance Officer