1y return+25.0%S&P 500 +20.9%
3y return+51.9%S&P 500 +68.5%
5y return+33.3%S&P 500 +74.5%
10y return+152.1%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $252 against $357 in the S&P 500.2
Accredited Investors Inc.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| AVDVAmerican Centy Etf Tr | $276.7M | 12.0% | +2.0% |
| SEZLSezzle Inc | $138.6M | 6.0% | −8.9% |
| VEUVanguard Intl Equity Index F | $138.0M | 6.0% | +933.7% |
| SCHBSchwab Strategic Tr | $128.7M | 5.6% | −3.5% |
| VTVVanguard Index Fds | $127.3M | 5.5% | +6.7% |
| IWMIshares Tr | $109.9M | 4.7% | +3.0% |
| IJHIshares Tr | $107.6M | 4.6% | −1.3% |
| IVVIshares Tr | $103.5M | 4.5% | +2.6% |
| IJRIshares Tr | $100.1M | 4.3% | +1.6% |
| UPSUnited Parcel Svcs Inc | $84.3M | 3.6% | |
| BRK/ABerkshire Hathaway Inc Del | $69.6M | 3.0% | |
| AAPLApple Inc | $58.3M | 2.5% | −5.9% |
| EFAIshares Tr | $56.8M | 2.5% | −4.5% |
| AMZNAmazon Com Inc | $56.1M | 2.4% | +5.7% |
| VTIPVanguard Malvern Fds | $51.0M | 2.2% | New |
| IWFIshares Tr | $45.2M | 2.0% | −1.5% |
| SPYVSpdr Series Trust | $42.7M | 1.8% | −2.9% |
| VTVanguard Intl Equity Index F | $35.3M | 1.5% | |
| BRK/BBerkshire Hathaway Inc Del | $25.7M | 1.1% | −10.9% |
| CHRWC H Robinson Worldwide In | $25.1M | 1.1% | |
| IWPIshares Tr | $24.9M | 1.1% | −3.3% |
| VEAVanguard Tax-managed Fds | $23.4M | 1.0% | −3.1% |
| RBLXRoblox Corp | $20.5M | 0.9% | |
| EFVIshares Tr | $17.7M | 0.8% | −1.4% |
| SPYState Str Spdr S&p 500 Etf T | $17.4M | 0.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | September 30, 2020 | +1378.8% | $12.9M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $12.8M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $58.3M |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $25.7M |
| SEZLSezzle Inc | December 31, 2025 | +170.4% | $138.6M |
| MGKVanguard World Fd | June 30, 2020 | +168.8% | $8.8M |
| IWFIshares Tr | June 30, 2020 | +158.7% | $45.2M |
| PRFZInvesco Exchange Traded Fd T | June 30, 2020 | +149.6% | $9.0M |
| SPYState Str Spdr S&p 500 Etf T | June 30, 2020 | +142.2% | $17.4M |
| IVVIshares Tr | June 30, 2020 | +141.8% | $103.5M |
Sold off last quarter
- FDIQInvesco Exch Traded Fd Tr II was $445K
- AVIGAmerican Centy Etf Tr was $413K
- PLTRPalantir Technologies Inc was $396K
- IYGIshares Tr was $346K
- GDENGolden Entmt Inc was $314K
- AZOAutozone Inc was $253K
- LOWLowes Cos Inc was $244K
- MOSMosaic Co was $226K
- VZVerizon Communications Inc was $205K
- VNQVanguard Index Fds was $202K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +16.1% | +14.8% |
| March 31, 2026 | −1.7% | −4.6% |
| December 31, 2025 | +2.1% | +2.4% |
| September 30, 2025 | +7.4% | +7.8% |
| June 30, 2025 | +8.9% | +10.5% |
| March 31, 2025 | −2.6% | −4.6% |
| December 31, 2024 | −0.4% | +2.1% |
| September 30, 2024 | +7.1% | +5.4% |
| June 30, 2024 | −0.8% | +4.0% |
| March 31, 2024 | +4.8% | +10.0% |
| December 31, 2023 | +9.7% | +11.2% |
| September 30, 2023 | −5.9% | −3.6% |
| June 30, 2023 | +2.3% | +8.3% |
| March 31, 2023 | +7.9% | +7.0% |
| December 31, 2022 | +5.9% | +7.1% |
| September 30, 2022 | −4.6% | −5.3% |
| June 30, 2022 | −16.7% | −16.5% |
| March 31, 2022 | −11.9% | −4.9% |
| December 31, 2021 | +11.7% | +10.7% |
| September 30, 2021 | −4.0% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Accredited Investors Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1518364&type=13F-HR&dateb=&owner=include&count=40CIK 1518364
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1518364/000151836426000004/Filed July 21, 2026 · accession 0001518364-26-000004