Palisade Asset Management, LLC
Palisade Asset Management, LLC is an independent investment adviser firm headquartered in Minneapolis, MN, United States. Founded in 2008, the firm provides personalized investment management and family office services, primarily to high net worth individuals, families, business owners, and charitable organizations. The firm manages over $1.2 billion in assets and has an approximate employee count of 10, offering clients customized advisory experiences and comprehensive wealth management solutions focused on long-term financial well-being.
Investment Strategy
Palisade Asset Management constructs portfolios using high-quality individual equities and fixed income securities tailored for each client's income, liquidity, and growth requirements. The firm focuses on investing in industry-leading companies with strong histories of consistent earnings and dividend growth, emphasizing reliability, long-term stability, and tax efficiency. Their strategy combines a disciplined, customized process with risk management to meet client comfort levels, seeking to preserve and grow wealth over generations by minimizing volatility and portfolio turnover.
Latest 13F Filing Activity
Palisade Asset Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 193 equity positions with a total 13F market value of $1B. The fund increased holdings in Microsoft Corp., Oracle Corp., International Business Machs among other positions. Palisade Asset Management, LLC reduced exposure to Unitedhealth Group Inc., Apple Inc., Becton Dickinson & Co. among others.
Top Holdings
Equity Positions (193)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 6.69% | $67.3M | 135,234 | $44.73 | $497.41 | +$15.8M |
A AAPL | APPLE INC | 4.42% | $44.4M | 216,279 | $89.24 | $205.17 | -$4.0M |
O ORCL | ORACLE CORP | 4.01% | $40.3M | 184,538 | $39.81 | $218.63 | +$14.4M |
I IBM | INTERNATIONAL BUSINESS MACHS | 2.98% | $30.0M | 101,709 | $154.20 | $294.78 | +$4.4M |
A ABT | ABBOTT LABS | 2.90% | $29.2M | 214,363 | $54.78 | $136.01 | +$477.0K |
Industry Allocation
Investment Team (4)
| Name | Role | Location | |
|---|---|---|---|
P Paul Kronlokken | Principal and Portfolio Manager | Minneapolis, MN , United States | |
S Shawn Eells | Portfolio Manager | Excelsior, MN , United States | |
T Tom Welch | PRINCIPAL | Minneapolis, MN , United States | |
 | Principal and Portfolio Manager | Minneapolis, MN , United States |
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