CHERRY TREE WEALTH MANAGEMENT, LLC

PrivateCIK: 1985414

Location

MINNETONKA, MN

582

Positions

$472.72M

Total AUM (reported)

8.35M

Total Shares

Allocation by class

STATE STREET SPD$58.66M12.4%

COM$30.13M6.4%

TOTAL BND MRKT$20.67M4.4%

VAN FTSE DEV MKT$19.32M4.1%

FUNDAMENTAL INTL$19.23M4.1%

VALUE ETF$18.50M3.9%

CORE S&P500 ETF$15.57M3.3%

Portfolio Concentration

Top 3$63.56M13.4%

4–10$105.12M22.2%

11–25$128.31M27.1%

Rest$175.73M37.2%

Top 3 weight

13.4%

Top 10 weight

35.7%

Voting Authority Distribution

Total shares with voting rights: 8.35M

Sole

Full voting authority

8.25M

% of voting shares98.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

93.59K

% of voting shares1.1%

Investment Discretion (by position count)

Sole582

Shared0

Other0

Dominant voting typeSole · 98.9% of voting shares

Institutional Holdings582

Rows:

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares650.08K

TypeSH

Market value$21.80M

4.61%

Sole

640.32K

Shared

0.00

None

9.76K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares701.30K

TypeSH

Market value$21.09M

4.46%

Sole

697.78K

Shared

0.00

None

3.52K

VANGUARD BD INDEX FDS

SOLE

TOTAL BND MRKT

Shares280.72K

TypeSH

Market value$20.67M

4.37%

Sole

275.47K

Shared

0.00

None

5.25K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares301.47K

TypeSH

Market value$19.32M

4.09%

Sole

299.85K

Shared

0.00

None

1.61K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares94.31K

TypeSH

Market value$18.50M

3.91%

Sole

93K

Shared

0.00

None

1.32K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares23.84K

TypeSH

Market value$15.57M

3.29%

Sole

23.06K

Shared

0.00

None

783.00

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares91.31K

TypeSH

Market value$13.52M

2.86%

Sole

90.13K

Shared

0.00

None

1.17K

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares435.95K

TypeSH

Market value$13.42M

2.84%

Sole

431.86K

Shared

0.00

None

4.09K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares48.05K

TypeSH

Market value$12.59M

2.66%

Sole

47.69K

Shared

0.00

None

364.00

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares56.14K

TypeSH

Market value$12.20M

2.58%

Sole

55.63K

Shared

0.00

None

512.00

DIMENSIONAL ETF TRUST

SOLE

US CORE EQUITY 2

Shares303.99K

TypeSH

Market value$11.81M

2.50%

Sole

290.61K

Shared

0.00

None

13.38K

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares138.46K

TypeSH

Market value$10.98M

2.32%

Sole

135.29K

Shared

0.00

None

3.17K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares222.20K

TypeSH

Market value$10.87M

2.30%

Sole

218.72K

Shared

0.00

None

3.48K

VANGUARD BD INDEX FDS

SOLE

SHORT TRM BOND

Shares133.44K

TypeSH

Market value$10.46M

2.21%

Sole

131.77K

Shared

0.00

None

1.67K

VANGUARD INTL EQUITY INDEX F

SOLE

ALLWRLD EX US

Shares139.11K

TypeSH

Market value$10.45M

2.21%

Sole

135K

Shared

0.00

None

4.11K

VANGUARD MALVERN FDS

SOLE

STRM INFPROIDX

Shares189.27K

TypeSH

Market value$9.45M

2.00%

Sole

188.31K

Shared

0.00

None

963.00

AMERICAN CENTY ETF TR

SOLE

US LARGE CAP VLU

Shares106.08K

TypeSH

Market value$8.55M

1.81%

Sole

102.99K

Shared

0.00

None

3.10K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares180.31K

TypeSH

Market value$8.36M

1.77%

Sole

175.73K

Shared

0.00

None

4.58K

VANGUARD WHITEHALL FDS

SOLE

INTL HIGH ETF

Shares87.94K

TypeSH

Market value$8.29M

1.75%

Sole

86.37K

Shared

0.00

None

1.57K

VANGUARD MUN BD FDS

SOLE

TAX EXEMPT BD

Shares144.91K

TypeSH

Market value$7.23M

1.53%

Sole

144.91K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares123.68K

TypeSH

Market value$6.68M

1.41%

Sole

122.89K

Shared

0.00

None

783.00

VANGUARD STAR FDS

SOLE

VG TL INTL STK F

Shares84.21K

TypeSH

Market value$6.49M

1.37%

Sole

82.77K

Shared

0.00

None

1.44K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares33.69K

TypeSH

Market value$6.47M

1.37%

Sole

33.57K

Shared

0.00

None

122.00

DIMENSIONAL ETF TRUST

SOLE

US MKTWIDE VALUE

Shares129.95K

TypeSH

Market value$6.30M

1.33%

Sole

129.95K

Shared

0.00

None

0.00

ISHARES TR

SOLE

IBDS DEC28 ETF

Shares233.39K

TypeSH

Market value$5.91M

1.25%

Sole

233.39K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
SPDR SERIES TRUSTSOLE	STATE STREET SPD	650.08K	SH	$21.80M 4.61%	640.32K	9.76K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	701.30K	SH	$21.09M 4.46%	697.78K	3.52K
VANGUARD BD INDEX FDSSOLE	TOTAL BND MRKT	280.72K	SH	$20.67M 4.37%	275.47K	5.25K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	301.47K	SH	$19.32M 4.09%	299.85K	1.61K
VANGUARD INDEX FDSSOLE	VALUE ETF	94.31K	SH	$18.50M 3.91%	93K	1.32K
ISHARES TRSOLE	CORE S&P500 ETF	23.84K	SH	$15.57M 3.29%	23.06K	783.00
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	91.31K	SH	$13.52M 2.86%	90.13K	1.17K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	435.95K	SH	$13.42M 2.84%	431.86K	4.09K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	48.05K	SH	$12.59M 2.66%	47.69K	364.00
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	56.14K	SH	$12.20M 2.58%	55.63K	512.00
DIMENSIONAL ETF TRUSTSOLE	US CORE EQUITY 2	303.99K	SH	$11.81M 2.50%	290.61K	13.38K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	138.46K	SH	$10.98M 2.32%	135.29K	3.17K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	222.20K	SH	$10.87M 2.30%	218.72K	3.48K
VANGUARD BD INDEX FDSSOLE	SHORT TRM BOND	133.44K	SH	$10.46M 2.21%	131.77K	1.67K
VANGUARD INTL EQUITY INDEX FSOLE	ALLWRLD EX US	139.11K	SH	$10.45M 2.21%	135K	4.11K
VANGUARD MALVERN FDSSOLE	STRM INFPROIDX	189.27K	SH	$9.45M 2.00%	188.31K	963.00
AMERICAN CENTY ETF TRSOLE	US LARGE CAP VLU	106.08K	SH	$8.55M 1.81%	102.99K	3.10K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	180.31K	SH	$8.36M 1.77%	175.73K	4.58K
VANGUARD WHITEHALL FDSSOLE	INTL HIGH ETF	87.94K	SH	$8.29M 1.75%	86.37K	1.57K
VANGUARD MUN BD FDSSOLE	TAX EXEMPT BD	144.91K	SH	$7.23M 1.53%	144.91K	0.00
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	123.68K	SH	$6.68M 1.41%	122.89K	783.00
VANGUARD STAR FDSSOLE	VG TL INTL STK F	84.21K	SH	$6.49M 1.37%	82.77K	1.44K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	33.69K	SH	$6.47M 1.37%	33.57K	122.00
DIMENSIONAL ETF TRUSTSOLE	US MKTWIDE VALUE	129.95K	SH	$6.30M 1.33%	129.95K	0.00
ISHARES TRSOLE	IBDS DEC28 ETF	233.39K	SH	$5.91M 1.25%	233.39K	0.00

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