Palisade Asset Management, LLC

Registered adviser

CIK

1434323

Location

MINNEAPOLIS, MN

Portfolio Value

Mid $1,049,457,771

Diversification

Diversified

Filing Date

Global Rank

#2,403 / 8,827 ▼ 100 · as of Jun 2026

Top Industry

Drug Manufacturers - General 10.1%

Period ended 38 days ago

Filed Nov 3, 2026 · 4d

27 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 136089

Roster of Nov 1, 2026

Regulatory AUM

$1,268,851,206

Main clients

Individuals and high net worth (94% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$1,268,851,206	Individuals and high net worth (94%)
Apr 2025 to Mar 2026	$1,268,840,631	Individuals and high net worth (93%)
Apr 2024 to Mar 2025	$1,203,735,282	Individuals and high net worth (92%)
May 2023 to Mar 2024	$1,057,047,031	Individuals and high net worth (91%)
Apr 2023	$1,057,047,031	Individuals and high net worth (91%)
Apr 2022 to Mar 2023	$1,174,550,535	Individuals and high net worth (89%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 32.8%, 51.9 effective positions, active share 63.9% against the Dow Jones Industrial Average as of 2026-07-31; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

3.8% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 24.7 quarters (12+), a floor since 86.7% of the book was already held when coverage starts

Closest benchmark: the Dow Jones Industrial Average as of 2026-07-31, active share 63.9%; sector active share 15.1% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

202 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

5.7%

+0.8 pts

Top 5

21.3%

+0.8 pts

Top 10

33.5%

+0.7 pts

HHI

202

Diversified+9

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	26.3%	$275,721,015	23
Healthcare	16.8%	$176,587,773	24
Industrials	11.5%	$121,206,054	30
Financial Services	11.4%	$119,405,218	22
Unclassified	9.5%	$99,810,059	46
Consumer Defensive	8.7%	$91,520,558	18
Consumer Cyclical	6.7%	$70,207,025	13
Energy	3.3%	$34,848,102	9
Basic Materials	2.2%	$23,037,820	3
Utilities	1.5%	$15,626,276	7
Communication Services	1.4%	$14,949,929	6
Real Estate	0.6%	$6,537,942	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
APH	Amphenol Corp	+38,469	76,888	$6,481,658
TSCO	Tractor Supply Co	+23,293	216,241	$6,766,180
VZ	Verizon Communications Inc	+9,879	53,659	$2,461,338
IEFA	iShares Core MSCI EAFE ETF	+5,472	59,512	$5,765,522
IEMG	iShares Trust	+4,173	21,777	$0
MDT	Medtronic plc	+4,050	56,794	$4,900,754
NEE	Nextera Energy Inc	+3,882	49,687	$3,763,293
DIS	Walt Disney Co	+1,720	12,657	$1,327,719
IJH	iShares Core S&P Mid-Cap ETF	+1,090	83,212	$5,987,103
NKE	NIKE, Inc.	+600	33,637	$1,190,749
SHEL	Shell plc	+593	3,943	$374,782
DTM	DT Midstream, Inc.	+550	2,050	$244,913
HSY	Hershey Co	+370	49,031	$7,727,775
VOO	VANGUARD 500 INDEX FUND	+338	10,950	$7,674,417
BA	Boeing Co	+300	1,779	$330,982
FDS	Factset Research Systems Inc	+255	5,490	$1,482,025
PM	Philip Morris International Inc.	+219	1,689	$322,294
WFC	Wells Fargo & Company	+201	17,038	$1,363,891
SOLV	Solventum Corp	+184	3,038	$267,799
GOOG	Alphabet Inc.	+172	10,516	$3,583,221
AMT	American Tower Corp	+166	39,941	$6,537,942
GOOGL	Alphabet Inc.	+157	15,354	$5,283,004
NVS	Novartis AG	+146	15,785	$2,250,467
META	Meta Platforms, Inc.	+139	934	$677,318
GGG	Graco Inc	+107	54,848	$4,214,520
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
TECH	BIO-TECHNE Corp	−34,600	20,684	$1,498,969
BALL	BALL Corp	−22,456	118,170	$6,621,065
CSCO	Cisco Systems, Inc.	−16,466	329,447	$35,458,380
AAPL	Apple Inc.	−14,873	170,736	$56,858,502
MSFT	Microsoft Corp	−11,579	117,543	$60,287,804
USB	US Bancorp De	−9,890	238,680	$13,786,156
VEA	Vanguard FTSE Developed Markets ETF	−6,725	12,852	$907,479
UNH	Unitedhealth Group Inc	−6,152	73,704	$27,055,264
IWF	iShares Russell 1000 Growth ETF	−5,134	15,582	$1,951,801
CL	Colgate Palmolive Co	−4,607	114,671	$9,783,729
TGT	Target Corp	−4,227	147,503	$23,112,245
ABT	Abbott Laboratories	−4,167	201,522	$19,916,419
JNJ	Johnson & Johnson	−4,110	96,762	$25,616,771
TXN	Texas Instruments Inc	−3,976	62,147	$17,406,753
RY	Royal Bank Of Canada	−3,849	78,789	$15,489,129
IWR	iShares Russell Mid-Cap ETF	−3,539	2,164	$230,920
MMM	3M Co	−3,386	83,855	$13,764,798
JPM	Jpmorgan Chase & Co	−3,228	71,954	$23,804,541
CVX	Chevron Corp	−3,225	90,706	$18,523,072
BDX	Becton Dickinson & Co	−2,939	39,153	$7,008,387
EFV	iShares MSCI EAFE Value ETF	−2,904	4,578	$362,302
DE	Deere & Co	−2,761	33,872	$22,746,741
XOM	ExxonMobil Holdings Corp	−2,703	60,518	$9,849,304
PFE	Pfizer Inc	−2,363	41,722	$1,189,911
IBM	International Business Machines Corp	−2,223	96,627	$21,251,176
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
MRSH	Marsh & Mclennan Companies, Inc.	11,965	$2,042,784
NOW	ServiceNow, Inc.	2,420	$324,304
ENSG	Ensign Group, Inc	1,670	$287,240
CHE	Chemed Corp	533	$269,202
TSM	Taiwan Semiconductor Manufacturing Co Ltd	439	$200,267
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
IWD	iShares Russell 1000 Value ETF	2,462	$596,862
DAL	Delta Air Lines, Inc.	4,531	$424,373
MGK	VANGUARD MEGA CAP GROWTH INDEX FUND	4,300	$378,013
LRCX	Lam Research Corp	505	$218,831
KNF	Knife River Corp	2,608	$218,159
IR	Ingersoll Rand Inc.	2,550	$209,074
HRL	Hormel Foods Corp	8,115	$201,414
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

202 tracked positions · $1,049,457,771 total · filing declares 202 positions · $1,051,687,020 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 202 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Reduced	117,543	-11,579	$60,287,804	+25.2%	5.74%
AAPL	Apple Inc. Technology	Reduced	170,736	-14,873	$56,858,502	+5.9%	5.42%
CSCO	Cisco Systems, Inc. Technology	Reduced	329,447	-16,466	$35,458,380	−12.7%	3.38%
AMGN	Amgen Inc Healthcare	Reduced	70,616	-2,160	$29,765,350	+12.9%	2.84%
SPY	Spdr S&P 500 ETF Trust	Reduced	37,708	-635	$28,757,252	+0.4%	2.74%
UNH	Unitedhealth Group Inc Healthcare	Reduced	73,704	-6,152	$27,055,264	−18.5%	2.58%
JNJ	Johnson & Johnson Healthcare	Reduced	96,762	-4,110	$25,616,771	−0.0%	2.44%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	71,954	-3,228	$23,804,541	−3.3%	2.27%
ORCL	Oracle Corp Technology	Reduced	172,289	-1,640	$23,655,279	−7.2%	2.25%
TGT	Target Corp Consumer Defensive	Reduced	147,503	-4,227	$23,112,245	+16.6%	2.20%
DE	Deere & Co Industrials	Reduced	33,872	-2,761	$22,746,741	−2.1%	2.17%
IBM	International Business Machines Corp Technology	Reduced	96,627	-2,223	$21,251,176	−23.6%	2.02%
ECL	Ecolab Inc. Basic Materials	Reduced	76,522	-1,140	$21,011,410	−2.9%	2.00%
ABT	Abbott Laboratories Healthcare	Reduced	201,522	-4,167	$19,916,419	+6.7%	1.90%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	68,519	-226	$19,492,970	−19.6%	1.86%
CVX	Chevron Corp Energy	Reduced	90,706	-3,225	$18,523,072	+19.0%	1.77%
TXN	Texas Instruments Inc Technology	Reduced	62,147	-3,976	$17,406,753	−11.7%	1.66%
ABBV	AbbVie Inc. Healthcare	Reduced	62,109	-167	$16,247,093	+3.7%	1.55%
ADP	Automatic Data Processing Inc Technology	Reduced	62,705	-2,075	$16,181,652	+11.5%	1.54%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	110,973	-230	$16,122,157	−1.1%	1.54%
RY	Royal Bank Of Canada Financial Services	Reduced	78,789	-3,849	$15,489,129	−9.4%	1.48%
V	Visa Inc. Financial Services	Reduced	42,764	-1,329	$15,366,388	+1.6%	1.46%
LLY	ELI LILLY & Co Healthcare	Reduced	13,093	-1,100	$15,149,648	−11.0%	1.44%
PEP	Pepsico Inc Consumer Defensive	Reduced	113,823	-446	$14,423,650	−6.8%	1.37%
USB	US Bancorp De Financial Services	Reduced	238,680	-9,890	$13,786,156	−8.2%	1.31%
MMM	3M Co Industrials	Reduced	83,855	-3,386	$13,764,798	−2.6%	1.31%
GD	General Dynamics Corp Industrials	Reduced	41,105	-2,021	$13,639,872	−10.7%	1.30%
TJX	Tjx Companies Inc Consumer Cyclical	Reduced	100,306	-470	$13,271,486	−13.1%	1.26%
BLK	BlackRock, Inc. Financial Services	Reduced	11,816	-544	$12,504,754	+5.2%	1.19%
RTX	RTX Corp Industrials	Reduced	66,858	-427	$12,412,187	−2.8%	1.18%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	51,330	-1,047	$11,854,150	−16.3%	1.13%
LHX	L3harris Technologies, Inc. Industrials	Reduced	47,439	-1,731	$11,232,606	−21.4%	1.07%
INTC	Intel Corp Technology	Reduced	89,961	-2,210	$10,816,011	−16.0%	1.03%
SYK	Stryker Corp Healthcare	Reduced	37,183	-125	$10,239,826	−12.8%	0.98%
TRV	Travelers Companies, Inc. Financial Services	Reduced	28,104	-530	$10,019,357	+6.0%	0.95%
XOM	ExxonMobil Holdings Corp Energy	Reduced	60,518	-2,703	$9,849,304	+13.9%	0.94%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	114,671	-4,607	$9,783,729	−10.5%	0.93%
ACN	Accenture plc Technology	Reduced	51,424	-334	$9,429,618	+46.4%	0.90%
IWM	iShares Russell 2000 ETF	Reduced	32,468	-486	$9,022,532	−8.9%	0.86%
HSY	Hershey Co Consumer Defensive	Added	49,031	+370	$7,727,775	−9.5%	0.74%
VOO	VANGUARD 500 INDEX FUND	Added	10,950	+338	$7,674,417	+5.3%	0.73%
AFL	Aflac Inc Financial Services	Reduced	67,454	-842	$7,540,008	−5.8%	0.72%
DCI	DONALDSON Co INC Industrials	Reduced	83,599	-1,000	$7,276,456	−4.2%	0.69%
BDX	Becton Dickinson & Co Healthcare	Reduced	39,153	-2,939	$7,008,387	+10.0%	0.67%
CAT	Caterpillar Inc Industrials	Added	8,467	+2	$6,864,958	−23.8%	0.65%
TSCO	Tractor Supply Co Consumer Cyclical	Added	216,241	+23,293	$6,766,180	+10.9%	0.64%
MDY	Spdr S&P Midcap 400 ETF Trust	Reduced	10,289	-117	$6,756,889	−7.7%	0.64%
KLAC	Kla Corp Technology	Reduced	34,070	-910	$6,641,265	−37.1%	0.63%
BALL	BALL Corp Consumer Cyclical	Reduced	118,170	-22,456	$6,621,065	−24.5%	0.63%
AMT	American Tower Corp Real Estate	Added	39,941	+166	$6,537,942	+0.5%	0.62%

Showing the top 50 of 202 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.