ACCREDITED INVESTOR SERVICES, LLC

Registered adviser

CIK

2028621

Location

ST. CLOUD, MN

Portfolio Value

Small $177,589,166

Diversification

Highly concentrated

Filing Date

Global Rank

#6,902 / 8,827 ▼ 1 · as of Jun 2026

Top Industry

Asset Management 100.0%

Period ended 37 days ago

Filed Oct 22, 2026 · 15d

8 quarters · since Dec 2024

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 148821

Roster of Nov 1, 2026

Regulatory AUM

$590,985,738

Main clients

Individuals and high net worth (84% 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	$590,985,738	Individuals and high net worth (84%)
Jul 2025 to Mar 2026	$485,133,788	Individuals and high net worth (85%)

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

Concentrated

The top 10 positions are 92.8% of the book (60%+)

Turnover

Low turnover

3.9% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 6.8 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 91.4%; sector active share 82.0% against the combined 13F book's sector weights.

Over time 7 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.

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Portfolio Concentration

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

Top Position

42.3%

+0.8 pts

Top 5

90.1%

+1.9 pts

Top 10

94.6%

+1.8 pts

HHI

2,607

Highly concentrated+99

Portfolio Trend

8 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	96.9%	$172,013,888	52
Financial Services	3.1%	$5,575,278	32

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
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	+22,473	902,742	$33,419,508
USA	Liberty All Star Equity Fund	+16,548	33,752	$194,749
AVUS	Avantis U.S. Equity ETF	+14,182	531,680	$68,102,891
FBCG	Fidelity Covington Trust	+13,773	481,749	$30,451,354
JQC	Nuveen Credit Strategies Income Fund	+6,697	23,603	$112,114
HIO	Western Asset High Income Opportunity Fund Inc.	+3,453	35,595	$116,039
HYMB	State Street(R) SPDR Nuveen ICE High Yield Municipal Bond ETF	+2,604	11,564	$271,407
MUB	iShares National Muni Bond ETF	+2,170	17,822	$1,801,804
MHD	Blackrock Muniholdings Fund, Inc.	+2,103	17,951	$184,177
ACP	abrdn Income Credit Strategies Fund	+2,045	54,408	$242,115
AVUV	Avantis U.S. Small Cap Value ETF	+1,785	58,939	$6,941,246
AWF	Alliancebernstein Global High Income Fund Inc	+1,559	12,326	$119,931
USMV	iShares MSCI USA Min Vol Factor ETF	+1,507	25,181	$2,453,636
VTV	VANGUARD VALUE INDEX FUND	+1,308	5,331	$1,151,922
VUG	VANGUARD GROWTH INDEX FUND	+1,145	9,858	$888,304
WIW	Western Asset Inflation-Linked Opportunities & Income Fund	+924	15,945	$125,487
IDEV	iShares Core MSCI International Developed Markets ETF	+440	3,086	$276,135
EAD	Allspring Income Opportunities Fund	+340	21,741	$130,663
FTF	Franklin Ltd Duration Income Trust	+289	21,732	$116,483
VOO	VANGUARD 500 INDEX FUND	+117	1,868	$1,309,206
QUAL	iShares MSCI USA Quality Factor ETF	+116	6,112	$1,358,330
NBXG	Neuberger Next Generation Connectivity Fund Inc.	+74	18,143	$284,663
NPFD	Nuveen Variable Rate Preferred & Income Fund	+27	11,685	$202,267
VIG	Vanguard Specialized Funds	+23	2,243	$523,314
PIO	Invesco Ltd.	+8	6,866	$0
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
IGR	Cbre Global Real Estate Income Fund	−20,800	10,120	$119,011
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	−5,362	16,086	$761,832
AOD	abrdn Total Dynamic Dividend Fund	−4,720	42,870	$435,559
DFAC	Dimensional U.S. Core Equity 2 ETF	−3,824	78,760	$3,500,882
SUB	iShares Short-Term National Muni Bond ETF	−3,140	13,831	$1,445,892
NFJ	Virtus Dividend, Interest & Premium Strategy Fund	−2,788	39,353	$592,262
BTX	BlackRock Technology & Private Equity Term Trust	−2,535	27,893	$250,479
IDLV	Invesco S&P International Developed Low Volatility ETF	−2,394	9,682	$330,930
VKQ	Invesco Municipal Trust	−2,302	10,267	$87,064
NRK	Nuveen New York Amt-Free Quality Municipal Income Fund	−2,025	14,399	$133,046
JFR	Nuveen Floating Rate Income Fund	−1,901	20,736	$154,275
EMD	Western Asset Emerging Markets Debt Fund Inc.	−1,085	27,989	$261,977
HYD	VanEck High Yield Muni ETF	−1,062	6,721	$322,809
ITOT	iShares Core S&P Total U.S. Stock Market ETF	−1,045	1,429	$237,614
BTZ	Blackrock Credit Allocation Income Trust	−639	11,222	$104,476
IQLT	iShares MSCI Intl Quality Factor ETF	−618	8,306	$410,897
MEGI	NYLIM CBRE Global Infrastructure Megatrends Term Fund	−386	19,144	$257,678
RA	Brookfield Real Assets Income Fund Inc.	−379	22,895	$264,437
MMT	Aberdeen Multi-Market Income Fund	−375	11,929	$51,056
ECC	Eagle Point Credit Co	−324	11,990	$41,485
IAU	Ishares Gold Trust	−300	31,790	$2,482,799
NCZ	Virtus Convertible & Income Fund II	−298	11,285	$159,118
IEMG	iShares Trust	−276	6,872	$0
DFUV	Dimensional U.S. Marketwide Value ETF	−134	18,094	$995,170
SCHV	Schwab U.S. Large-Cap Value ETF	−127	6,025	$200,692
No positions match the current search.

New Positions

Positions the filer opened this quarter

7 positions

Ticker	Company	Shares	Value
CORO		8,537	$310,319
VV	VANGUARD LARGE-CAP INDEX FUND	653	$229,758
VB	Vanguard Index Funds	800	$227,592
VOE	VANGUARD MID-CAP VALUE INDEX FUND	1,163	$227,401
BSTZ	BlackRock Science & Technology Term Trust	6,883	$202,497
MYI	Blackrock Muniyield Quality Fund III, Inc.	10,366	$99,824
HYT	Blackrock Corporate High Yield Fund, Inc.	11,810	$92,590
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
NUV	Nuveen Municipal Value Fund Inc	107,848	$994,358
NEA	Nuveen AMT-Free Quality Municipal Income Fund	82,499	$968,538
IWD	iShares Russell 1000 Value ETF	989	$239,763
AFB	Alliancebernstein National Municipal Income Fund	10,042	$114,579
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

84 tracked positions · $177,589,166 total · filing declares 84 positions · $179,421,591 · as of Sep 30, 2026

All sectors Financial Services

Showing 1–50 of 84 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AVUS	Avantis U.S. Equity ETF	Added	531,680	+14,182	$68,102,891	+2.7%	38.35%
DFAX	Dimensional World ex. U.S. Core Equity 2 ETF	Added	902,742	+22,473	$33,419,508	+3.1%	18.82%
FBCG	Fidelity Covington Trust	Added	481,749	+13,773	$30,451,354	+4.8%	17.15%
AVUV	Avantis U.S. Small Cap Value ETF	Added	58,939	+1,785	$6,941,246	−2.7%	3.91%
DFAC	Dimensional U.S. Core Equity 2 ETF	Reduced	78,760	-3,824	$3,500,882	−4.4%	1.97%
IAU	Ishares Gold Trust	Reduced	31,790	-300	$2,482,799	+2.5%	1.40%
USMV	iShares MSCI USA Min Vol Factor ETF	Added	25,181	+1,507	$2,453,636	+7.4%	1.38%
SPY	Spdr S&P 500 ETF Trust	Held	2,955	0	$2,253,571	+2.1%	1.27%
MUB	iShares National Muni Bond ETF	Added	17,822	+2,170	$1,801,804	+7.0%	1.01%
SUB	iShares Short-Term National Muni Bond ETF	Reduced	13,831	-3,140	$1,445,892	−20.0%	0.81%
QUAL	iShares MSCI USA Quality Factor ETF	Added	6,112	+116	$1,358,330	+3.2%	0.76%
VOO	VANGUARD 500 INDEX FUND	Added	1,868	+117	$1,309,206	+8.9%	0.74%
VTV	VANGUARD VALUE INDEX FUND	Added	5,331	+1,308	$1,151,922	+31.4%	0.65%
DFUV	Dimensional U.S. Marketwide Value ETF	Reduced	18,094	-134	$995,170	−0.8%	0.56%
VUG	VANGUARD GROWTH INDEX FUND	Added	9,858	+1,145	$888,304	+18.4%	0.50%
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	Held	14,291	0	$878,896	+15.8%	0.49%
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	Reduced	16,086	-5,362	$761,832	−29.8%	0.43%
VTWO	VANGUARD RUSSELL 2000 INDEX FUND	Held	6,337	0	$711,264	−7.6%	0.40%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	Held	4,157	0	$700,121	+6.2%	0.39%
NFJ	Virtus Dividend, Interest & Premium Strategy Fund Financial Services	Reduced	39,353	-2,788	$592,262	−7.5%	0.33%
IEFA	iShares Core MSCI EAFE ETF	Held	5,609	0	$543,399	+0.3%	0.31%
VIG	Vanguard Specialized Funds	Added	2,243	+23	$523,314	−0.4%	0.29%
MTUM	iShares MSCI USA Momentum Factor ETF	Held	1,643	0	$521,389	−7.4%	0.29%
ARTY	iShares Future AI & Tech ETF	Held	6,124	0	$479,631	+2.8%	0.27%
AOD	abrdn Total Dynamic Dividend Fund Financial Services	Reduced	42,870	-4,720	$435,559	−11.2%	0.25%
DFAS	Dimensional U.S. Small Cap ETF	Held	5,555	0	$430,068	−6.0%	0.24%
IQLT	iShares MSCI Intl Quality Factor ETF	Reduced	8,306	-618	$410,897	−7.1%	0.23%
PFXF	VanEck Preferred Securities ex Financials ETF	Held	22,719	0	$398,036	−1.8%	0.22%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Held	1,049	0	$392,577	+1.1%	0.22%
DFAT	Dimensional U.S. Targeted Value ETF	Held	5,814	0	$386,282	−4.9%	0.22%
ISTB	iShares Core 1-5 Year USD Bond ETF	Held	8,105	0	$382,961	−2.1%	0.22%
IVV	iShares Core S&P 500 ETF	Held	445	0	$340,803	+2.3%	0.19%
IDLV	Invesco S&P International Developed Low Volatility ETF	Reduced	9,682	-2,394	$330,930	−20.5%	0.19%
OUSM	ALPS \| OShares U.S. Small-Cap Quality Dividend ETF	Held	7,157	0	$328,721	−3.3%	0.19%
IVW	iShares S&P 500 Growth ETF	Held	2,308	0	$328,336	+3.4%	0.18%
IWR	iShares Russell Mid-Cap ETF	Held	3,032	0	$323,544	−3.3%	0.18%
HYD	VanEck High Yield Muni ETF	Reduced	6,721	-1,062	$322,809	−19.5%	0.18%
CORO		NEW	8,537	NEW	$310,319	NEW	0.17%
OIH	VanEck Oil Services ETF	Held	810	0	$306,479	+1.7%	0.17%
SCHG	Schwab U.S. Large-Cap Growth ETF	Held	8,387	0	$301,344	+6.2%	0.17%
NBXG	Neuberger Next Generation Connectivity Fund Inc. Financial Services	Added	18,143	+74	$284,663	−4.8%	0.16%
GLD	Spdr Gold Trust	Held	747	0	$284,487	+3.4%	0.16%
IDEV	iShares Core MSCI International Developed Markets ETF	Added	3,086	+440	$276,135	+17.2%	0.16%
HYMB	State Street(R) SPDR Nuveen ICE High Yield Municipal Bond ETF	Added	11,564	+2,604	$271,407	+19.1%	0.15%
RA	Brookfield Real Assets Income Fund Inc. Financial Services	Reduced	22,895	-379	$264,437	−11.8%	0.15%
EMD	Western Asset Emerging Markets Debt Fund Inc. Financial Services	Reduced	27,989	-1,085	$261,977	−16.1%	0.15%
MEGI	NYLIM CBRE Global Infrastructure Megatrends Term Fund Financial Services	Reduced	19,144	-386	$257,678	−13.2%	0.15%
BTX	BlackRock Technology & Private Equity Term Trust Financial Services	Reduced	27,893	-2,535	$250,479	−8.8%	0.14%
JAAA	Janus Henderson AAA CLO ETF	Held	4,928	0	$248,716	−0.0%	0.14%
ACP	abrdn Income Credit Strategies Fund Financial Services	Added	54,408	+2,045	$242,115	−11.1%	0.14%

Showing the top 50 of 84 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.