Affiance Financial, LLC has filed a Form 13F-HR with the Securities and Exchange Commission disclosing its equity holdings as of the close of business on September 30, 2026. The filing lists 111 separate positions held by the firm, managed from its office in St. Louis Park, Minnesota.
The portfolio is heavily weighted toward large-cap technology and healthcare companies. Apple Inc. is the largest individual holding, with 32,871 shares. Microsoft Corporation follows with 10,133 shares, and Alphabet Inc. Class C shares rank third with 13,868 shares. Other significant positions include Amazon.com Inc. with 17,388 shares, Berkshire Hathaway Inc. Class B with 5,648 shares, and Eli Lilly & Co. with 1,399 shares.
The filing also indicates substantial exposure to exchange-traded funds (ETFs). The Capital Group Fixed Income ETFs represent a major portion of the portfolio, with the Capital Group Fixed Income ETF T Core Plus Income holding 360,421 shares and the Capital Group Fixed Income ETF T Mun Income ETF holding 8,060 shares. Additionally, Affiance Financial holds significant shares in the iShares Core S&P 500 ETF (86,593 shares) and the Vanguard Index Funds Morningstar Total Stock Market ETF (246,026 shares).
The filing lists Eric Unger as the Chief Compliance Officer responsible for the report. The document was signed on October 15, 2026.
