Q2 2026 13F · SEC CIK 1964535

Great Waters Wealth Management

Wealth managerFiled 2026-07-09 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.1B
Reported positions: 127
Top holdings a year, 3 yrs: +12.3%
Assets under management: $1.2B

Great Waters Wealth Management is a wealth manager that reported 127 positions worth $1.1B in its Q2 2026 13F, filed 2026-07-09. Its largest holdings were Dimensional ETF Trust (DFUS, 22.3%), Dimensional World Ex U.s. Core (DFAX, 17.2%), Dimensional ETF Trust (DFCF, 15.0%). A portfolio copying its top holdings returned 12.3% a year over the last 3 years, against 20.4% for the S&P 500.

Great Waters Wealth Management holdings largest 50 of 127 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Great Waters Wealth Management 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
DFUSDimensional ETF Trust	22.3%	21.1%	2,934,668	+4.1%	$240.5M
DFAXDimensional World Ex U.s. Core	17.2%	17.6%	5,054,079	+3.4%	$186.2M
DFCFDimensional ETF Trust	15.0%	15.5%	3,833,555	+10.4%	$161.8M
DFASDimensional ETF Trust	8.8%	8.3%	1,150,130	+4.9%	$94.7M
DFSDDimensional ETF Trust	8.6%	9.0%	1,949,171	+9.3%	$93.1M
DFATDimensional U.s. Targeted Value	5.8%	5.6%	888,357	+4.1%	$62.1M
BNDVanguard Total Bond Market ETF	2.7%	3.2%	393,030	-4.1%	$28.9M
DFGRDimensional ETF Trust	2.6%	2.5%	951,736	+7.1%	$27.6M
IWMIshares	2.0%	2.0%	72,850	-6.3%	$21.9M
DFICDfa Dimensional Intl Core Equit	2.0%	2.3%	574,484	-7.5%	$21.4M
DFACDimensional U.s. Core Equity 2	1.2%	1.2%	290,112	-1.5%	$12.9M
AAPLApple Inc	0.8%	0.8%	30,795	+3.2%	$8.9M
DFAEDimensional ETF Trust	0.8%	0.8%	213,771	-9.6%	$8.6M
UNHUnitedhealth Group Inc Com	0.8%	0.5%	20,620	+10.1%	$8.6M
NVDANvidia Corporation Com	0.6%	0.6%	34,335	-0.2%	$6.9M
MMM3m Co Com	0.4%	0.4%	24,404	-0.5%	$4.0M
MUMicron Technology Inc	0.4%	0.1%	3,318	-0.0%	$3.8M
VTEBVanguard Tx Ex Bd	0.3%	0.3%	56,704	-0.7%	$2.9M
SCHBSchwb US Broad	0.3%	0.3%	94,971	-0.3%	$2.8M
DCIDonaldson Inc	0.3%	0.3%	30,219	+0.0%	$2.7M
SPGMSpdr Index Shs Fds	0.2%	0.3%	30,490	-3.2%	$2.6M
IWFIshares Russell 1000 Growth ETF	0.2%	0.2%	20,022	+298.1%	$2.5M
SCHDSchwab Strategic Tr	0.2%	0.3%	77,319	-4.3%	$2.5M
EFAiShs MSCI EAFE	0.2%	0.2%	19,476	+0.7%	$2.0M
MSFTMicrosoft Corp	0.2%	0.2%	5,313	+5.0%	$2.0M
TERTeradyne Inc	0.2%	0.1%	4,012	+0.0%	$1.9M
IWDIshares Russell 1000 Value ETF	0.2%	0.2%	7,858	+0.2%	$1.9M
TSLATesla Inc Com	0.2%	0.2%	4,392	-1.4%	$1.8M
HONHoneywell Intl Inc	0.2%	0.4%	8,158	-51.1%	$1.8M
ACWIIshares Tr	0.2%	0.2%	11,623	-2.9%	$1.8M
SCHFSchwab Intl Equity	0.2%	0.2%	65,198	+0.2%	$1.8M
AMDAdvanced Micro Devices Inc	0.2%	—	3,093	—	$1.8M
CORPPimco ETF Tr	0.2%	0.2%	18,053	-3.0%	$1.7M
AMZNAmazon Com Inc Com	0.2%	0.1%	7,280	+18.3%	$1.7M
COSTCostco Whsl Corp New	0.2%	0.2%	1,812	+6.0%	$1.7M
SPLVInvesco Exch Traded Fd Tr II	0.2%	0.2%	22,616	-2.5%	$1.7M
SCHGSchwab U.s. Large-Cap Growth ETF	0.1%	0.1%	46,875	+5.3%	$1.6M
SRLNSsga Active ETF Tr	0.1%	0.2%	37,787	-4.0%	$1.5M
SCHASchwab U.s. Small-Cap ETF	0.1%	0.1%	40,621	-4.1%	$1.5M
SCHOSchwab Short-Term U.S. Treasury ETF	0.1%	0.1%	55,352	-4.8%	$1.3M
SCHMSchwab Strategic Tr	0.1%	0.1%	35,598	-2.8%	$1.3M
SPYSpdr S&p 500 ETF Tr	0.1%	—	1,571	—	$1.2M
VGSHVanguard Short-Term Treasury ETF Total	0.1%	0.1%	18,927	+1.1%	$1.1M
MDTMedtronic PLC	0.1%	0.1%	13,487	+15.8%	$1.1M
SCHZSchwab Strategic Tr	0.1%	0.1%	44,782	-1.2%	$1.0M
IVVIshares Core S&p 500 ETF	0.1%	0.1%	1,348	+2.4%	$1.0M
QQQInvesco Qqq Tr	0.1%	—	2,119	—	$966K
LLYLilly Eli & Co	0.1%	—	781	—	$937K
TTTrane Technologies PLC	0.1%	0.1%	1,849	+0.0%	$908K
BRK-BBerkshire Hathaway Inc Del	0.1%	0.1%	1,768	+0.0%	$885K

What Great Waters Wealth Management bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +16.1% /yr; S&P 500 +20.1%
3 years: +12.3% /yr; S&P 500 +20.4%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.1B	127
Q1 2026	$944.9M	121
Q4 2025	$909.0M	117
Q3 2025	$846.4M	114
Q2 2025	$768.9M	110
Q1 2025	$720.8M	103
Q4 2024	$779.3M	112
Q3 2024	$741.6M	110
Q2 2024	$654.8M	104
Q1 2024	$612.3M	99
Q4 2023	$563.8M	96
Q3 2023	$503.9M	93

Questions about Great Waters Wealth Management's portfolio

What stocks does Great Waters Wealth Management own?

Great Waters Wealth Management's latest 13F, for Q2 2026 and filed Jul 9, 2026, lists 127 positions worth $1.1B. The largest are Dimensional ETF Trust (DFUS) at 22.3%, Dimensional World Ex U.s. Core (DFAX) at 17.2%, Dimensional ETF Trust (DFCF) at 15.0%, Dimensional ETF Trust (DFAS) at 8.8% and Dimensional ETF Trust (DFSD) at 8.6%.

What did Great Waters Wealth Management buy last quarter?

In Q2 2026, Great Waters Wealth Management added Ishares Russell 1000 Growth ETF (IWF) (+298.1% shares), Amazon Com Inc Com (AMZN) (+18.3% shares) and Medtronic PLC (MDT) (+15.8% shares), compared with its Q1 2026 filing.

What did Great Waters Wealth Management sell last quarter?

In Q2 2026, Great Waters Wealth Management cut from its top 50 Invesco Exch Traded Fd Tr II (PHB), cut from its top 50 Mckesson Corp Com (MCK), cut from its top 50 Xcel Energy Inc (XEL), cut from its top 50 Pfizer Inc (PFE), Honeywell Intl Inc (HON) (-51.1% shares), Dimensional ETF Trust (DFAE) (-9.6% shares) and Dfa Dimensional Intl Core Equit (DFIC) (-7.5% shares), compared with its Q1 2026 filing.

How has Great Waters Wealth Management's portfolio performed?

A portfolio copying Great Waters Wealth Management's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.3% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +16.1% against +20.1%.

When is Great Waters Wealth Management's next 13F filing due?

13F filings are due 45 days after each quarter ends. Great Waters Wealth Management's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Great Waters Wealth Management manage?

Great Waters Wealth Management reported $1.2B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.1B.