Somerset Group LLC

RIA/Wealth

Somerset Group LLC is a RIA/Wealth based in Wayzata, MN led by Arlene Jane Kielley, reporting $135.1M in AUM as of Q3 2025 with 32% ETF concentration and 52% concentrated in top 10 holdings.

PresidentArlene Jane Kielley

Portfolio Value: $125.4M
Positions: 57
Top Holding: CHRW at 7.71%
Last Reported: Q3 2025

Address15600 Wayzata Blvd, Suite 304, Wayzata, MN, 55391, United States

Top Holdings

Largest long holdings in Somerset Group LLC's portfolio (51.7% of total portfolio)

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GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 C.H. Robinson Worldwide CHRW	Integrated Freight & Logistics Industrials	$9.7M	7.71%	-$185.5K Sold	0.06% 73.0K shares	≤ Q2 2013 Held for 12y 5m+
2 Invesco QQQ Trust QQQ	ETF ETF	$9.6M	7.69%	+$69.0K Bought	— 16.1K shares	≤ Q2 2013 Held for 12y 5m+
3 3M MMM	Conglomerates Industrials	$8.9M	7.07%	—	0.01% 57.1K shares	≤ Q2 2013 Held for 12y 5m+
4 Microsoft MSFT	Software - Infrastructure Technology	$7.4M	5.91%	+$8.3K Bought	0.00% 14.3K shares	Q4 2013 Held for 11y 11m
5 SCHX Schwab U.S. Large-Cap ETF SCHX	ETF ETF	$6.2M	4.96%	+$529.0K Bought	— 236.0K shares	Q4 2018 Held for 6y 11m
6 Amazon AMZN	Specialty Retail Consumer Cyclical	$5.5M	4.41%	-$6.8K Sold	0.00% 25.2K shares	≤ Q2 2013 Held for 12y 5m+
7 Apple AAPL	Consumer Electronics Technology	$5.5M	4.39%	-$44.3K Sold	0.00% 21.6K shares	Q1 2016 Held for 9y 8m
8 Blackstone BX	Asset Management Financial Services	$4.2M	3.32%	-$20.7K Sold	0.00% 24.4K shares	Q3 2018 Held for 7y 2m
9 Wells Fargo & Company WFC	Banks - Diversified Financial Services	$4.0M	3.17%	—	0.00% 47.5K shares	≤ Q2 2013 Held for 12y 5m+
10 Costco Wholesale COST	Discount Stores Consumer Defensive	$3.9M	3.11%	+$10.2K Bought	0.00% 4.2K shares	Q2 2016 Held for 9y 5m

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Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Somerset Group LLC's latest filing

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Market Value

$125.4M

Prior: $117.2M

Q/Q Change

+6.97%

+$8.2M

Net Flows % of MV

-0.349%

Turnover Ratio

1.46%

New Purchases

1 stocks

$208.5K

Added To

14 stocks

+$1.4M

Sold Out Of

1 stocks

$307.5K

Reduced Holdings

16 stocks

-$1.7M

Increased Positions

Position	Shares Δ	Change
1 JPMorgan Chase JPM	New	0 → 661.0 +$208.5K
2 iShares S&P Mid-Cap 400 Growth IJK	+18.72%	23.9K → 28.4K +$429.8K
3 SPDR S&P 500 ETF Trust SPY	+13.67%	2.7K → 3.1K +$249.2K
4 SCHX Schwab U.S. Large-Cap ETF SCHX	+9.3%	215.9K → 236.0K +$529.0K
5 Walmart WMT	+3.31%	16.2K → 16.7K +$55.3K

Decreased Positions

Position	Shares Δ	Change
1 Schwab U.S. Small-Cap ETF SCHA	Sold	12.2K → 0 −$307.5K
2 Vanguard Small-Cap ETF VB	-67.89%	4.4K → 1.4K −$763.3K
3 iShares Russell 2000 Growth IWO	-14.91%	7.0K → 6.0K −$336.0K
4 Nextra Energy NEE	-7.47%	54.1K → 50.1K −$305.4K
5 Fiserv FI	-7.03%	2.7K → 2.5K −$24.4K