BREMER BANK NATIONAL ASSOCIATION

PrivateCIK: 1775321

Location

ST PAUL, MN

176

Positions

$561.58M

Total AUM (reported)

4.19M

Total Shares

Allocation by class

COM$229.39M40.8%

TR UNIT$52.94M9.4%

CORE US AGGBD ET$31.09M5.5%

MSCI ACWI ETF$22.54M4.0%

CL A$20.58M3.7%

CORE S&P500 ETF$11.61M2.1%

RUSSELL 2000 ETF$11.08M2.0%

Portfolio Concentration

Top 3$106.57M19.0%

4–10$87.45M15.6%

11–25$125.77M22.4%

Rest$241.78M43.1%

Top 3 weight

19.0%

Top 10 weight

34.6%

Voting Authority Distribution

Total shares with voting rights: 4.19M

Sole

Full voting authority

2.82M

% of voting shares67.2%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.38M

% of voting shares32.8%

Investment Discretion (by position count)

Sole25

Shared0

Other151

Dominant voting typeSole · 67.2% of voting shares

Institutional Holdings176

Rows:

SPDR S&P 500 ETF TR

OTR

TR UNIT

Shares94.64K

TypeSH

Market value$52.94M

9.43%

Sole

58.49K

Shared

0.00

None

36.16K

ISHARES TR

OTR

CORE US AGGBD ET

Shares314.33K

TypeSH

Market value$31.09M

5.54%

Sole

116.07K

Shared

0.00

None

198.25K

ISHARES TR

OTR

MSCI ACWI ETF

Shares193.62K

TypeSH

Market value$22.54M

4.01%

Sole

0.00

Shared

0.00

None

193.62K

APPLE INC

OTR

COM

Shares85.68K

TypeSH

Market value$19.03M

3.39%

Sole

84.14K

Shared

0.00

None

1.54K

NVIDIA CORPORATION

OTR

COM

Shares129.41K

TypeSH

Market value$14.03M

2.50%

Sole

128.94K

Shared

0.00

None

471.00

ISHARES TR

OTR

CORE S&P500 ETF

Shares20.66K

TypeSH

Market value$11.61M

2.07%

Sole

20.39K

Shared

0.00

None

274.00

ISHARES TR

OTR

RUSSELL 2000 ETF

Shares55.52K

TypeSH

Market value$11.08M

1.97%

Sole

9.23K

Shared

0.00

None

46.29K

ELI LILLY & CO

OTR

COM

Shares13.34K

TypeSH

Market value$11.02M

1.96%

Sole

13.11K

Shared

0.00

None

227.00

VANGUARD SCOTTSDALE FDS

OTR

INTER TERM TREAS

Shares181.15K

TypeSH

Market value$10.76M

1.92%

Sole

0.00

Shared

0.00

None

181.15K

TAIWAN SEMICONDUCTOR MFG LTD

OTR

ISHARES TR

OTR

CORE S&P MCP ETF

Shares169.81K

TypeSH

Market value$9.91M

1.76%

Sole

169.81K

Shared

0.00

None

0.00

MICROSOFT CORP

OTR

COM

Shares25.56K

TypeSH

Market value$9.60M

1.71%

Sole

24.30K

Shared

0.00

None

1.26K

NETFLIX INC

OTR

COM

Shares10.16K

TypeSH

Market value$9.47M

1.69%

Sole

10.12K

Shared

0.00

None

40.00

ISHARES TR

OTR

RUS 1000 ETF

Shares30.09K

TypeSH

Market value$9.23M

1.64%

Sole

21.00

Shared

0.00

None

30.07K

ISHARES INC

OTR

MSCI MEXICO ETF

Shares180.41K

TypeSH

Market value$9.19M

1.64%

Sole

0.00

Shared

0.00

None

180.41K

ISHARES TR

OTR

CORE MSCI EAFE

Shares116.40K

TypeSH

Market value$8.81M

1.57%

Sole

116.40K

Shared

0.00

None

0.00

ISHARES TR

OTR

CORE MSCI INTL

Shares116.91K

TypeSH

Market value$8.05M

1.43%

Sole

116.91K

Shared

0.00

None

0.00

CHIPOTLE MEXICAN GRILL INC

OTR

COM

Shares160.13K

TypeSH

Market value$8.04M

1.43%

Sole

158.66K

Shared

0.00

None

1.46K

T-MOBILE US INC

OTR

COM

Shares30.07K

TypeSH

Market value$8.02M

1.43%

Sole

29.94K

Shared

0.00

None

126.00

AMERIPRISE FINL INC

OTR

COM

Shares16.22K

TypeSH

Market value$7.85M

1.40%

Sole

16.16K

Shared

0.00

None

63.00

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares15.21K

TypeSH

Market value$7.81M

1.39%

Sole

15.21K

Shared

0.00

None

0.00

COSTCO WHSL CORP NEW

OTR

COM

Shares8.21K

TypeSH

Market value$7.76M

1.38%

Sole

8.18K

Shared

0.00

None

30.00

VANGUARD WHITEHALL FDS

OTR

HIGH DIV YLD

Shares59.63K

TypeSH

Market value$7.69M

1.37%

Sole

14.25K

Shared

0.00

None

45.38K

ARISTA NETWORKS INC

OTR

None

Shares96.70K

TypeSH

Market value$7.49M

1.33%

Sole

94.12K

Shared

0.00

None

2.58K

META PLATFORMS INC

OTR

CL A

Shares11.87K

TypeSH

Market value$6.84M

1.22%

Sole

11.82K

Shared

0.00

None

47.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
SPDR S&P 500 ETF TROTR	TR UNIT	94.64K	SH	$52.94M 9.43%	58.49K	36.16K
ISHARES TROTR	CORE US AGGBD ET	314.33K	SH	$31.09M 5.54%	116.07K	198.25K
ISHARES TROTR	MSCI ACWI ETF	193.62K	SH	$22.54M 4.01%	0.00	193.62K
APPLE INCOTR	COM	85.68K	SH	$19.03M 3.39%	84.14K	1.54K
NVIDIA CORPORATIONOTR	COM	129.41K	SH	$14.03M 2.50%	128.94K	471.00
ISHARES TROTR	CORE S&P500 ETF	20.66K	SH	$11.61M 2.07%	20.39K	274.00
ISHARES TROTR	RUSSELL 2000 ETF	55.52K	SH	$11.08M 1.97%	9.23K	46.29K
ELI LILLY & COOTR	COM	13.34K	SH	$11.02M 1.96%	13.11K	227.00
VANGUARD SCOTTSDALE FDSOTR	INTER TERM TREAS	181.15K	SH	$10.76M 1.92%	0.00	181.15K
TAIWAN SEMICONDUCTOR MFG LTDOTR	SPONSORED ADS	59.83K	SH	$9.93M 1.77%	59.53K	301.00
ISHARES TROTR	CORE S&P MCP ETF	169.81K	SH	$9.91M 1.76%	169.81K	0.00
MICROSOFT CORPOTR	COM	25.56K	SH	$9.60M 1.71%	24.30K	1.26K
NETFLIX INCOTR	COM	10.16K	SH	$9.47M 1.69%	10.12K	40.00
ISHARES TROTR	RUS 1000 ETF	30.09K	SH	$9.23M 1.64%	21.00	30.07K
ISHARES INCOTR	MSCI MEXICO ETF	180.41K	SH	$9.19M 1.64%	0.00	180.41K
ISHARES TROTR	CORE MSCI EAFE	116.40K	SH	$8.81M 1.57%	116.40K	0.00
ISHARES TROTR	CORE MSCI INTL	116.91K	SH	$8.05M 1.43%	116.91K	0.00
CHIPOTLE MEXICAN GRILL INCOTR	COM	160.13K	SH	$8.04M 1.43%	158.66K	1.46K
T-MOBILE US INCOTR	COM	30.07K	SH	$8.02M 1.43%	29.94K	126.00
AMERIPRISE FINL INCOTR	COM	16.22K	SH	$7.85M 1.40%	16.16K	63.00
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	15.21K	SH	$7.81M 1.39%	15.21K	0.00
COSTCO WHSL CORP NEWOTR	COM	8.21K	SH	$7.76M 1.38%	8.18K	30.00
VANGUARD WHITEHALL FDSOTR	HIGH DIV YLD	59.63K	SH	$7.69M 1.37%	14.25K	45.38K
ARISTA NETWORKS INCOTR	None	96.70K	SH	$7.49M 1.33%	94.12K	2.58K
META PLATFORMS INCOTR	CL A	11.87K	SH	$6.84M 1.22%	11.82K	47.00

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