BREMER BANK NATIONAL ASSOCIATION

Filed: 1/16/2025ACC: 0000950123-25-000322

📋 What this filing means

BREMER BANK NATIONAL ASSOCIATION filed this quarterly 13F‑HR report disclosing 165 equity positions with a total reported market value of $505.51M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

165

Positions

$505.51M

Total AUM (reported)

3.78M

Total Shares

Allocation by class

COM$225.30M44.6%

TR UNIT$33.48M6.6%

CORE US AGGBD ET$30.23M6.0%

MSCI ACWI ETF$22.75M4.5%

CL A$18.53M3.7%

CORE S&P500 ETF$12.38M2.4%

RUSSELL 2000 ETF$12.15M2.4%

Portfolio Concentration

Top 3$86.45M17.1%

4–10$94.81M18.8%

11–25$120.60M23.9%

Rest$203.65M40.3%

Top 3 weight

17.1%

Top 10 weight

35.9%

Voting Authority Distribution

Total shares with voting rights: 3.78M

Sole

Full voting authority

2.64M

% of voting shares69.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.14M

% of voting shares30.1%

Investment Discretion (by position count)

Sole32

Shared0

Other133

Dominant voting typeSole · 69.9% of voting shares

Institutional Holdings165

Rows:

SSgA Funds Management Inc

OTR

TR UNIT

Shares57.12K

TypeSH

Market value$33.48M

6.62%

Sole

57.12K

Shared

0.00

None

0.00

BlackRock Fund Advisors

OTR

CORE US AGGBD ET

Shares311.94K

TypeSH

Market value$30.23M

5.98%

Sole

113.69K

Shared

0.00

None

198.25K

ISHARES TRUST

OTR

MSCI ACWI ETF

Shares193.62K

TypeSH

Market value$22.75M

4.50%

Sole

0.00

Shared

0.00

None

193.62K

Apple Inc

OTR

COM

Shares80.84K

TypeSH

Market value$20.24M

4.00%

Sole

79.11K

Shared

0.00

None

1.72K

NVIDIA Corp

OTR

COM

Shares132.54K

TypeSH

Market value$17.80M

3.52%

Sole

132.06K

Shared

0.00

None

480.00

ISHARES

OTR

CORE S&P500 ETF

Shares21.02K

TypeSH

Market value$12.38M

2.45%

Sole

20.75K

Shared

0.00

None

274.00

ISHARES

OTR

RUSSELL 2000 ETF

Shares55K

TypeSH

Market value$12.15M

2.40%

Sole

8.62K

Shared

0.00

None

46.38K

TSMC

OTR

Vanguard ETF/USA

OTR

INTER TERM TREAS

Shares181.15K

TypeSH

Market value$10.51M

2.08%

Sole

0.00

Shared

0.00

None

181.15K

MICROSOFT CORP

OTR

COM

Shares24.46K

TypeSH

Market value$10.31M

2.04%

Sole

24.29K

Shared

0.00

None

174.00

BlackRock Fund Advisors

OTR

CORE S&P MCP ETF

Shares162.39K

TypeSH

Market value$10.12M

2.00%

Sole

162.39K

Shared

0.00

None

0.00

Eli Lilly & Co

OTR

COM

Shares12.79K

TypeSH

Market value$9.87M

1.95%

Sole

12.56K

Shared

0.00

None

224.00

Chipotle Mexican Grill Inc

OTR

COM

Shares148.45K

TypeSH

Market value$8.95M

1.77%

Sole

147.03K

Shared

0.00

None

1.42K

NETFLIX INC

OTR

COM

Shares9.79K

TypeSH

Market value$8.73M

1.73%

Sole

9.75K

Shared

0.00

None

40.00

BlackRock Fund Advisors

OTR

MSCI MEXICO ETF

Shares180.41K

TypeSH

Market value$8.45M

1.67%

Sole

0.00

Shared

0.00

None

180.41K

ISHARES

OTR

CORE MSCI EAFE

Shares117.29K

TypeSH

Market value$8.24M

1.63%

Sole

117.29K

Shared

0.00

None

0.00

VANGUARD

SOLE

S&P 500 ETF SHS

Shares15.21K

TypeSH

Market value$8.19M

1.62%

Sole

15.21K

Shared

0.00

None

0.00

Ameriprise Financial Inc

OTR

COM

Shares15.33K

TypeSH

Market value$8.16M

1.62%

Sole

15.27K

Shared

0.00

None

63.00

BlackRock Fund Advisors

OTR

CORE MSCI INTL

Shares123.03K

TypeSH

Market value$7.93M

1.57%

Sole

123.03K

Shared

0.00

None

0.00

VANGUARD WHITEHALL

OTR

HIGH DIV YLD

Shares59.63K

TypeSH

Market value$7.61M

1.51%

Sole

14.25K

Shared

0.00

None

45.38K

Blackstone Inc

OTR

COM

Shares43.13K

TypeSH

Market value$7.44M

1.47%

Sole

42.77K

Shared

0.00

None

355.00

Trane Technologies PLC

OTR

SHS

Shares18.84K

TypeSH

Market value$6.96M

1.38%

Sole

18.76K

Shared

0.00

None

82.00

Costco Wholesale Corp

OTR

COM

Shares7.50K

TypeSH

Market value$6.87M

1.36%

Sole

7.47K

Shared

0.00

None

29.00

AMER EXPRESS CO

OTR

COM

Shares22.45K

TypeSH

Market value$6.66M

1.32%

Sole

22.26K

Shared

0.00

None

196.00

Meta Platforms Inc

OTR

CL A

Shares10.95K

TypeSH

Market value$6.41M

1.27%

Sole

10.90K

Shared

0.00

None

46.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
SSgA Funds Management IncOTR	TR UNIT	57.12K	SH	$33.48M 6.62%	57.12K	0.00
BlackRock Fund AdvisorsOTR	CORE US AGGBD ET	311.94K	SH	$30.23M 5.98%	113.69K	198.25K
ISHARES TRUSTOTR	MSCI ACWI ETF	193.62K	SH	$22.75M 4.50%	0.00	193.62K
Apple IncOTR	COM	80.84K	SH	$20.24M 4.00%	79.11K	1.72K
NVIDIA CorpOTR	COM	132.54K	SH	$17.80M 3.52%	132.06K	480.00
ISHARESOTR	CORE S&P500 ETF	21.02K	SH	$12.38M 2.45%	20.75K	274.00
ISHARESOTR	RUSSELL 2000 ETF	55K	SH	$12.15M 2.40%	8.62K	46.38K
TSMCOTR	SPONSORED ADS	57.85K	SH	$11.43M 2.26%	57.55K	309.00
Vanguard ETF/USAOTR	INTER TERM TREAS	181.15K	SH	$10.51M 2.08%	0.00	181.15K
MICROSOFT CORPOTR	COM	24.46K	SH	$10.31M 2.04%	24.29K	174.00
BlackRock Fund AdvisorsOTR	CORE S&P MCP ETF	162.39K	SH	$10.12M 2.00%	162.39K	0.00
Eli Lilly & CoOTR	COM	12.79K	SH	$9.87M 1.95%	12.56K	224.00
Chipotle Mexican Grill IncOTR	COM	148.45K	SH	$8.95M 1.77%	147.03K	1.42K
NETFLIX INCOTR	COM	9.79K	SH	$8.73M 1.73%	9.75K	40.00
BlackRock Fund AdvisorsOTR	MSCI MEXICO ETF	180.41K	SH	$8.45M 1.67%	0.00	180.41K
ISHARESOTR	CORE MSCI EAFE	117.29K	SH	$8.24M 1.63%	117.29K	0.00
VANGUARDSOLE	S&P 500 ETF SHS	15.21K	SH	$8.19M 1.62%	15.21K	0.00
Ameriprise Financial IncOTR	COM	15.33K	SH	$8.16M 1.62%	15.27K	63.00
BlackRock Fund AdvisorsOTR	CORE MSCI INTL	123.03K	SH	$7.93M 1.57%	123.03K	0.00
VANGUARD WHITEHALLOTR	HIGH DIV YLD	59.63K	SH	$7.61M 1.51%	14.25K	45.38K
Blackstone IncOTR	COM	43.13K	SH	$7.44M 1.47%	42.77K	355.00
Trane Technologies PLCOTR	SHS	18.84K	SH	$6.96M 1.38%	18.76K	82.00
Costco Wholesale CorpOTR	COM	7.50K	SH	$6.87M 1.36%	7.47K	29.00
AMER EXPRESS COOTR	COM	22.45K	SH	$6.66M 1.32%	22.26K	196.00
Meta Platforms IncOTR	CL A	10.95K	SH	$6.41M 1.27%	10.90K	46.00

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