Chief Investment Officer

0001581298-23-000004.txt : 20231121 0001581298-23-000004.hdr.sgml : 20231121 20231121115326 ACCESSION NUMBER: 0001581298-23-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230930 FILED AS OF DATE: 20231121 DATE AS OF CHANGE: 20231121 EFFECTIVENESS DATE: 20231121 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Carlson Capital Management CENTRAL INDEX KEY: 0001581298 IRS NUMBER: 411689533 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-15611 FILM NUMBER: 231425650 BUSINESS ADDRESS: STREET 1: 11 BRIDGE SQ CITY: NORTHFIELD STATE: MN ZIP: 55057 BUSINESS PHONE: 507-645-8887 MAIL ADDRESS: STREET 1: 11 BRIDGE SQ CITY: NORTHFIELD STATE: MN ZIP: 55057 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001581298 XXXXXXXX 09-30-2023 09-30-2023 Carlson Capital Management

11 BRIDGE SQ NORTHFIELD MN 55057

13F HOLDINGS REPORT 028-15611 N Adam Hoffmann Chief Investment Officer 5076458887 Adam Hoffmann NORTHFIELD MN 11-21-2023 0 172 1686869011 false INFORMATION TABLE 2 CarlsonCapMgmt9302023.xml CCM93023 3M CO COM 88579Y101 8832134 94340 SH SOLE 0 0 0 94340 ABBOTT LABS COM 002824100 1284352 13261 SH SOLE 0 0 0 13261 ABBVIE INC COM 00287Y109 305118 2047 SH SOLE 0 0 0 2047 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 11309633 36826 SH SOLE 0 0 0 36826 ACTIVISION BLIZZARD INC COM 00507V109 354577 3787 SH SOLE 0 0 0 3787 ADOBE INC COM 00724F101 588935 1155 SH SOLE 0 0 0 1155 AIRBNB INC COM CL A 009066101 1287304 9382 SH SOLE 0 0 0 9382 ALLIANT ENERGY CORP COM 018802108 285613 5895 SH SOLE 0 0 0 5895 ALPHABET INC CAP STK CL A 02079K305 1701442 13002 SH SOLE 0 0 0 13002 ALPHABET INC CAP STK CL C 02079K107 1512188 11469 SH SOLE 0 0 0 11469 ALTRIA GROUP INC COM 02209S103 206413 4909 SH SOLE 0 0 0 4909 AMAZON COM INC COM 023135106 2471467 19442 SH SOLE 0 0 0 19442 AMERICAN CENTY ETF TR US SML CP VALU 025072877 67426820 865001 SH SOLE 0 0 0 865001 AMERICAN CENTY ETF TR INTL SMCP VLU 025072802 41711936 721036 SH SOLE 0 0 0 721036 AMERICAN CENTY ETF TR AVANTIS EMGMKT 025072604 17476974 331066 SH SOLE 0 0 0 331066 AMERICAN WTR WKS CO INC NEW COM 030420103 518600 4188 SH SOLE 0 0 0 4188 AMERIPRISE FINL INC COM 03076C106 374846 1137 SH SOLE 0 0 0 1137 APPLE INC COM 037833100 12244397 71517 SH SOLE 0 0 0 71517 ARISTA NETWORKS INC COM 040413106 604210 3285 SH SOLE 0 0 0 3285 AT&T INC COM 00206R102 353599 23542 SH SOLE 0 0 0 23542 BADGER METER INC COM 056525108 1305189 9072 SH SOLE 0 0 0 9072 BANK AMERICA CORP COM 060505104 259995 9496 SH SOLE 0 0 0 9496 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2540726 7253 SH SOLE 0 0 0 7253 BLOCK H & R INC COM 093671105 749244 17400 SH SOLE 0 0 0 17400 BOEING CO COM 097023105 380101 1983 SH SOLE 0 0 0 1983 BOSTON SCIENTIFIC CORP COM 101137107 706411 13379 SH SOLE 0 0 0 13379 BROADCOM INC COM 11135F101 781576 941 SH SOLE 0 0 0 941 C H ROBINSON WORLDWIDE INC COM NEW 12541W209 546839 6349 SH SOLE 0 0 0 6349 CATERPILLAR INC COM 149123101 222658 816 SH SOLE 0 0 0 816 CHEVRON CORP NEW COM 166764100 557578 3307 SH SOLE 0 0 0 3307 CISCO SYS INC COM 17275R102 342075 6363 SH SOLE 0 0 0 6363 COASTAL FINL CORP WA COM NEW 19046P209 2977868 69398 SH SOLE 0 0 0 69398 COCA COLA CO COM 191216100 388170 6934 SH SOLE 0 0 0 6934 COLGATE PALMOLIVE CO COM 194162103 209779 2950 SH SOLE 0 0 0 2950 CONSTELLATION BRANDS INC CL A 21036P108 212123 844 SH SOLE 0 0 0 844 COSTCO WHSL CORP NEW COM 22160K105 1139148 2016 SH SOLE 0 0 0 2016 DANAHER CORPORATION COM 235851102 907992 3660 SH SOLE 0 0 0 3660 DIMENSIONAL ETF TRUST INTL SMALL CAP V 25434V781 5049493 212342 SH SOLE 0 0 0 212342 DIMENSIONAL ETF TRUST US EQUITY ETF 25434V401 2219775 47686 SH SOLE 0 0 0 47686 DIMENSIONAL ETF TRUST US SUSTAINABILTY 25434V716 741898 26740 SH SOLE 0 0 0 26740 DIMENSIONAL ETF TRUST EMERGING MKTS CO 25434V732 55999137 2402365 SH SOLE 0 0 0 2402365 DIMENSIONAL ETF TRUST INTERNATNAL VAL 25434V807 23362344 716197 SH SOLE 0 0 0 716197 DIMENSIONAL ETF TRUST INTERNATIONAL 25434V690 351317 12237 SH SOLE 0 0 0 12237 DIMENSIONAL ETF TRUST INTL HIGH PROFIT 25434V765 107271177 4625751 SH SOLE 0 0 0 4625751 DIMENSIONAL ETF TRUST US SMALL CAP ETF 25434V500 12322954 234768 SH SOLE 0 0 0 234768 DIMENSIONAL ETF TRUST US MKTWIDE VALUE 25434V724 24247755 712750 SH SOLE 0 0 0 712750 DIMENSIONAL ETF TRUST US CORE EQUITY 2 25434V708 2200183 83976 SH SOLE 0 0 0 83976 DIMENSIONAL ETF TRUST US TARGETED VLU 25434V609 35664560 780577 SH SOLE 0 0 0 780577 DIMENSIONAL ETF TRUST US HIGH PROFITAB 25434V831 37765970 1470065 SH SOLE 0 0 0 1470065 DIMENSIONAL ETF TRUST US REAL ESTATE E 25434V823 7989148 409280 SH SOLE 0 0 0 409280 ELECTROMED INC COM 285409108 126072 12134 SH SOLE 0 0 0 12134 ELI LILLY & CO COM 532457108 1424793 2653 SH SOLE 0 0 0 2653 EMERSON ELEC CO COM 291011104 330390 3421 SH SOLE 0 0 0 3421 ETF SER SOLUTIONS DISTILLATE US 26922A321 313441618 7021542 SH SOLE 0 0 0 7021542 EXXON MOBIL CORP COM 30231G102 1954493 16623 SH SOLE 0 0 0 16623 FASTENAL CO COM 311900104 561262 10272 SH SOLE 0 0 0 10272 FISERV INC COM 337738108 303185 2684 SH SOLE 0 0 0 2684 FULLER H B CO COM 359694106 783005 11412 SH SOLE 0 0 0 11412 GENERAL ELECTRIC CO COM NEW 369604301 214285 1938 SH SOLE 0 0 0 1938 GENERAL MLS INC COM 370334104 506552 7916 SH SOLE 0 0 0 7916 GOLDMAN SACHS GROUP INC COM 38141G104 220351 681 SH SOLE 0 0 0 681 GRACO INC COM 384109104 5319316 72987 SH SOLE 0 0 0 72987 GREENBRIER COS INC NOTE 2.875% 2/0 393657AK7 53606 55000 PRN SOLE 0 0 0 55000 HEICO CORP NEW COM 422806109 426038 2631 SH SOLE 0 0 0 2631 HOME DEPOT INC COM 437076102 691057 2287 SH SOLE 0 0 0 2287 HONEYWELL INTL INC COM 438516106 1343799 7274 SH SOLE 0 0 0 7274 HORMEL FOODS CORP COM 440452100 299600 7878 SH SOLE 0 0 0 7878 HUNTINGTON BANCSHARES INC COM 446150104 1700046 163466 SH SOLE 0 0 0 163466 INTEL CORP COM 458140100 411577 11577 SH SOLE 0 0 0 11577 INTERNATIONAL BUSINESS MACHS COM 459200101 581086 4142 SH SOLE 0 0 0 4142 INTUIT COM 461202103 250872 491 SH SOLE 0 0 0 491 INVESCO EXCHANGE TRADED FD T FTSE RAFI 1000 46137V613 292903 9205 SH SOLE 0 0 0 9205 INVESCO EXCHANGE TRADED FD T FTSE RAFI 1500 46137V597 256662 7780 SH SOLE 0 0 0 7780 INVESCO QQQ TR UNIT SER 1 46090E103 755976 2110 SH SOLE 0 0 0 2110 ISHARES GOLD TR ISHARES NEW 464285204 2002793 57239 SH SOLE 0 0 0 57239 ISHARES INC CORE MSCI EMKT 46434G103 1437646 30209 SH SOLE 0 0 0 30209 ISHARES TR S&P 100 ETF 464287101 281498 1403 SH SOLE 0 0 0 1403 ISHARES TR RUS 1000 VAL ETF 464287598 318053 2095 SH SOLE 0 0 0 2095 ISHARES TR CORE S&P TTL STK 464287150 4465454 47409 SH SOLE 0 0 0 47409 ISHARES TR CORE MSCI EAFE 46432F842 1986873 30876 SH SOLE 0 0 0 30876 ISHARES TR RUSSELL 2000 ETF 464287655 274654 1554 SH SOLE 0 0 0 1554 ISHARES TR RUS 1000 GRW ETF 464287614 368928 1387 SH SOLE 0 0 0 1387 ISHARES TR RUS 2000 VAL ETF 464287630 1680378 12397 SH SOLE 0 0 0 12397 ISHARES TR RUS 2000 GRW ETF 464287648 1008792 4501 SH SOLE 0 0 0 4501 ISHARES TR US TRSPRTION 464287192 287733 1231 SH SOLE 0 0 0 1231 ISHARES TR CORE S&P500 ETF 464287200 994962 2317 SH SOLE 0 0 0 2317 ISHARES TR MSCI EAFE ETF 464287465 636959 9242 SH SOLE 0 0 0 9242 ISHARES TR EAFE VALUE ETF 464288877 6731606 137576 SH SOLE 0 0 0 137576 ISHARES TR MSCI INTL QUALTY 46434V456 48228165 1434935 SH SOLE 0 0 0 1434935 JOHNSON & JOHNSON COM 478160104 2166799 13912 SH SOLE 0 0 0 13912 JPMORGAN CHASE & CO COM 46625H100 835969 5765 SH SOLE 0 0 0 5765 KIMBERLY-CLARK CORP COM 494368103 372822 3085 SH SOLE 0 0 0 3085 KORU MEDICAL SYSTEMS INC COM 759910102 40500 15000 SH SOLE 0 0 0 15000 LAM RESEARCH CORP COM 512807108 230814 368 SH SOLE 0 0 0 368 LOCKHEED MARTIN CORP COM 539830109 253486 620 SH SOLE 0 0 0 620 LOWES COS INC COM 548661107 254604 1225 SH SOLE 0 0 0 1225 MAIN STR CAP CORP COM 56035L104 2768122 68130 SH SOLE 0 0 0 68130 MARRIOTT INTL INC NEW CL A 571903202 361877 1841 SH SOLE 0 0 0 1841 MASTERCARD INCORPORATED CL A 57636Q104 427583 1080 SH SOLE 0 0 0 1080 MCDONALDS CORP COM 580135101 422031 1602 SH SOLE 0 0 0 1602 MCKESSON CORP COM 58155Q103 1063681 2446 SH SOLE 0 0 0 2446 MERCK & CO INC COM 58933Y105 336338 3267 SH SOLE 0 0 0 3267 META PLATFORMS INC CL A 30303M102 1256079 4184 SH SOLE 0 0 0 4184 MICROSOFT CORP COM 594918104 11253303 35640 SH SOLE 0 0 0 35640 MORGAN STANLEY COM NEW 617446448 527491 6459 SH SOLE 0 0 0 6459 NETFLIX INC COM 64110L106 283200 750 SH SOLE 0 0 0 750 NEXTERA ENERGY INC COM 65339F101 403757 7048 SH SOLE 0 0 0 7048 NIKE INC CL B 654106103 348358 3643 SH SOLE 0 0 0 3643 NOMAD FOODS LTD USD ORD SHS G6564A105 152200 10000 SH SOLE 0 0 0 10000 NVIDIA CORPORATION COM 67066G104 1141416 2624 SH SOLE 0 0 0 2624 OCCIDENTAL PETE CORP COM 674599105 277914 4284 SH SOLE 0 0 0 4284 ORACLE CORP COM 68389X105 407686 3849 SH SOLE 0 0 0 3849 PACER FDS TR US CASH COWS 100 69374H881 93513157 1891830 SH SOLE 0 0 0 1891830 PACER FDS TR DEVELOPED MRKT 69374H873 50521125 1691367 SH SOLE 0 0 0 1691367 PACER FDS TR PACER US SMALL 69374H857 212129 5087 SH SOLE 0 0 0 5087 PEPSICO INC COM 713448108 920757 5434 SH SOLE 0 0 0 5434 PFIZER INC COM 717081103 448894 13533 SH SOLE 0 0 0 13533 PROCTER AND GAMBLE CO COM 742718109 473908 3249 SH SOLE 0 0 0 3249 PROLOGIS INC. COM 74340W103 210618 1877 SH SOLE 0 0 0 1877 ROYAL BK CDA COM 780087102 223759 2559 SH SOLE 0 0 0 2559 RTX CORPORATION COM 75513E101 305004 4238 SH SOLE 0 0 0 4238 S&P GLOBAL INC COM 78409V104 419491 1148 SH SOLE 0 0 0 1148 SALESFORCE INC COM 79466L302 301128 1485 SH SOLE 0 0 0 1485 SCHWAB CHARLES CORP COM 808513105 401533 7314 SH SOLE 0 0 0 7314 SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 423236 8490 SH SOLE 0 0 0 8490 SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 4582161 134928 SH SOLE 0 0 0 134928 SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 3348954 66185 SH SOLE 0 0 0 66185 SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 1438391 22314 SH SOLE 0 0 0 22314 SCHWAB STRATEGIC TR SHT TM US TRES 808524862 257844 5384 SH SOLE 0 0 0 5384 SERVICENOW INC COM 81762P102 209610 375 SH SOLE 0 0 0 375 SHERWIN WILLIAMS CO COM 824348106 4365644 17117 SH SOLE 0 0 0 17117 SPDR INDEX SHS FDS S&P INTL SMLCP 78463X871 1972865 67703 SH SOLE 0 0 0 67703 SPDR S&P 500 ETF TR TR UNIT 78462F103 2738392 6406 SH SOLE 0 0 0 6406 SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 262568 575 SH SOLE 0 0 0 575 SPDR SER TR S&P 600 SMCP VAL 78464A300 533752 7375 SH SOLE 0 0 0 7375 STARBUCKS CORP COM 855244109 280707 3076 SH SOLE 0 0 0 3076 TACTILE SYS TECHNOLOGY INC COM 87357P100 170384 12127 SH SOLE 0 0 0 12127 TARGET CORP COM 87612E106 926919 8383 SH SOLE 0 0 0 8383 TESLA INC COM 88160R101 3879661 15505 SH SOLE 0 0 0 15505 THE CIGNA GROUP COM 125523100 646518 2260 SH SOLE 0 0 0 2260 TJX COS INC NEW COM 872540109 718062 8079 SH SOLE 0 0 0 8079 TORO CO COM 891092108 208249 2506 SH SOLE 0 0 0 2506 TRAVELERS COMPANIES INC COM 89417E109 315515 1932 SH SOLE 0 0 0 1932 TYLER TECHNOLOGIES INC COM 902252105 208902 541 SH SOLE 0 0 0 541 UNION PAC CORP COM 907818108 499912 2455 SH SOLE 0 0 0 2455 UNITEDHEALTH GROUP INC COM 91324P102 16189413 32110 SH SOLE 0 0 0 32110 US BANCORP DEL COM NEW 902973304 421855 12760 SH SOLE 0 0 0 12760 VANGUARD BD INDEX FDS SHORT TRM BOND 921937827 107634354 1431879 SH SOLE 0 0 0 1431879 VANGUARD INDEX FDS GROWTH ETF 922908736 424368 1558 SH SOLE 0 0 0 1558 VANGUARD INDEX FDS LARGE CAP ETF 922908637 69855571 356971 SH SOLE 0 0 0 356971 VANGUARD INDEX FDS TOTAL STK MKT 922908769 73324674 345203 SH SOLE 0 0 0 345203 VANGUARD INDEX FDS SMALL CP ETF 922908751 6785311 35888 SH SOLE 0 0 0 35888 VANGUARD INDEX FDS VALUE ETF 922908744 18882490 136899 SH SOLE 0 0 0 136899 VANGUARD INDEX FDS REAL ESTATE ETF 922908553 18418137 243433 SH SOLE 0 0 0 243433 VANGUARD INDEX FDS MID CAP ETF 922908629 446468 2144 SH SOLE 0 0 0 2144 VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 345831 881 SH SOLE 0 0 0 881 VANGUARD INDEX FDS SM CP VAL ETF 922908611 18031453 113057 SH SOLE 0 0 0 113057 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 11030093 281308 SH SOLE 0 0 0 281308 VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 1489880 14029 SH SOLE 0 0 0 14029 VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 183201654 2437813 SH SOLE 0 0 0 2437813 VANGUARD SCOTTSDALE FDS SHORT TERM TREAS 92206C102 12317683 213849 SH SOLE 0 0 0 213849 VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844 1067758 6872 SH SOLE 0 0 0 6872 VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 27688367 633311 SH SOLE 0 0 0 633311 VEEVA SYS INC CL A COM 922475108 256144 1259 SH SOLE 0 0 0 1259 VERISK ANALYTICS INC COM 92345Y106 280618 1188 SH SOLE 0 0 0 1188 VISA INC COM CL A 92826C839 783215 3405 SH SOLE 0 0 0 3405 WALMART INC COM 931142103 726466 4542 SH SOLE 0 0 0 4542 WEC ENERGY GROUP INC COM 92939U106 242529 3011 SH SOLE 0 0 0 3011 WELLS FARGO CO NEW COM 949746101 1366078 33433 SH SOLE 0 0 0 33433 WISDOMTREE TR INTL SMCAP DIV 97717W760 5565766 96846 SH SOLE 0 0 0 96846 WISDOMTREE TR WISDOMTREE US VA 97717W547 4671600 75632 SH SOLE 0 0 0 75632 XCEL ENERGY INC COM 98389B100 678677 11861 SH SOLE 0 0 0 11861