GRADIENT INVESTMENTS LLC
Q4 2023 Form 13-F
ARDEN HILLS, MINNESOTA
CIK 0001542265
· CRD 141726
· SEC-registered investment adviser
$4.1B Reported Value Total
GRADIENT INVESTMENTS, LLC reports 56,697 total accounts under management (AUM). There are 56,697 discretionary accounts valued at $4,881,233,258, and 0 non-discretionary accounts.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Source: Form ADV filed 2026-10-20
Reported value
$4.1B
Quarter over quarter
+9.3%
Holdings
1,828
Top-10 concentration
26.9%
Filing Structure
Key People
Form ADV owners & control persons
Nicole Shelton Alexander
CHIEF COMPLIANCE OFFICER
Michael Arthur Binger
PRESIDENT
Filing Navigation
Coverage begins with the second quarter of 2013. Earlier quarters are not shown while their accuracy is being verified.
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Q4 2023 13F record
Q4 2023 13F filing summary
| Period of report | December 31, 2023 |
|---|---|
| Filed | January 18, 2024 |
| Form | 13F-HR |
| Reported value | $4.1B |
| Positions | 1,828 |
| Change in reported value | +9.2% |
| New positions | 137 |
| Exited positions | 129 |
| Position turnover | 13.6% |
| Top-10 concentration | 26.9% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q3 2026 13F
Filed Oct 8, 2026
|
457 | $7.0B |
|
Q2 2026 13F
Filed Jul 8, 2026
|
448 | $7.2B |
|
Q1 2026 13F
Filed Apr 13, 2026
|
420 | $6.5B |
|
Q4 2025 13F
Filed Jan 8, 2026
|
343 | $6.3B |
|
Q3 2025 13F
Filed Oct 6, 2025
|
369 | $6.0B |
|
Q2 2025 13F
Filed Jul 8, 2025
|
358 | $5.5B |
|
Q1 2025 13F
Filed Apr 9, 2025
|
320 | $5.0B |
|
Q4 2024 13F
Filed Jan 21, 2025
|
298 | $4.9B |
|
Q3 2024 13F
Filed Oct 15, 2024
|
299 | $4.8B |
|
Q2 2024 13F
Filed Jul 18, 2024
|
1,373 | $4.5B |
|
Q1 2024 13F
Filed Apr 23, 2024
|
1,228 | $4.3B |
|
Q4 2023 13F
Filed Jan 18, 2024
|
1,828 | $4.1B |
|
Q3 2023 13F
Filed Oct 27, 2023
|
1,803 | $3.8B |
|
Q2 2023 13F
Filed Jul 11, 2023
|
1,766 | $3.9B |
|
Q1 2023 13F
Filed Apr 17, 2023
|
1,502 | $3.7B |
|
Q4 2022 13F
Filed Jan 10, 2023
|
1,494 | $3.2B |
|
Q3 2022 13F
Filed Oct 14, 2022
|
1,183 | $3.3B |
|
Q2 2022 13F
Filed Jul 11, 2022
|
1,092 | $3.4B |
|
Q1 2022 13F
Filed May 26, 2022
|
1,075 | $3.9B |
|
Q4 2021 13F
Filed Jan 12, 2022
|
1,107 | $3.9B |
34 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q4 2023
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | SPYM SPDR SER TR | $210.0M | 5.08% |
| 2 | IGTR INNOVATOR ETFS TR | $168.9M | 4.08% |
| 3 | IGIB ISHARES TR | $116.3M | 2.81% |
| 4 | SPAB SPDR SER TR | $110.6M | 2.67% |
| 5 | SPDW SPDR INDEX SHS FDS | $107.7M | 2.6% |
| 6 | DMBS DOUBLELINE ETF TRUST | $91.9M | 2.22% |
| 7 | JMBS JANUS DETROIT STR TR | $88.2M | 2.13% |
| 8 | AAPL APPLE INC | $79.9M | 1.93% |
| 9 | BJUL INNOVATOR ETFS TR | $69.9M | 1.69% |
| 10 | QUAL ISHARES TR | $67.0M | 1.62% |
| 11 | GBUY GOLDMAN SACHS ETF TR | $64.5M | 1.56% |
| 12 | MSFT MICROSOFT CORP | $61.2M | 1.48% |
| 13 | ULST SSGA ACTIVE ETF TR | $58.9M | 1.43% |
| 14 | GSY INVESCO ACTIVELY MANAGED ETF | $58.9M | 1.42% |
| 15 | AMZN AMAZON COM INC | $57.3M | 1.38% |
| 16 | GLDM WORLD GOLD TR | $56.8M | 1.37% |
| 17 | GOOG ALPHABET INC | $52.8M | 1.28% |
| 18 | JAAA JANUS DETROIT STR TR | $45.4M | 1.1% |
| 19 | UNH UNITEDHEALTH GROUP INC | $44.4M | 1.07% |
| 20 | PJUL INNOVATOR ETFS TR | $44.0M | 1.06% |
Values as reported on the Q4 2023 Form 13F. Every position is in the holdings table below.