Ulland Investment Advisors 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Amazon.com, Inc.	Stock	023135106	5,939	30,732	SH		SOLE		30,732	0	0
Invesco QQQ Trust ETF	ETF	46090E103	8,672	18,101	SH		SOLE		18,101	0	0
Starbucks Corporation	Stock	855244109	16	200	SH		SOLE		200	0	0
Monster Beverage Corporation	Stock	61174X109	3	60	SH		SOLE		60	0	0
Johnson & Johnson	Stock	478160104	198	1,356	SH		SOLE		1,356	0	0
Vanguard Total Stock Market ETF	ETF	922908769	90	335	SH		SOLE		335	0	0
Vanguard International High Dividend Yield ETF	ETF	921946794	15	220	SH		SOLE		220	0	0
Costco Wholesale Corporation	Stock	22160K105	574	675	SH		SOLE		675	0	0
Cleveland Cliffs, Inc.	Stock	185899101	6	400	SH		SOLE		400	0	0
HCA Healthcare, Inc.	Stock	40412C101	116	360	SH		SOLE		360	0	0
Goldman Sachs Group, Inc.	Stock	38141G104	90	200	SH		SOLE		200	0	0
iShares MSCI KLD 400 Social ETF	ETF	464288570	1,481	14,260	SH		SOLE		14,260	0	0
Royal Dutch Shell, Plc	ADR	780259305	22	300	SH		SOLE		300	0	0
Boston Scientific Group	Stock	101137107	1,227	15,939	SH		SOLE		15,939	0	0
Procter & Gamble Corporation	Stock	742718109	298	1,805	SH		SOLE		1,805	0	0
The Coca-Cola Company	Stock	191216100	1	20	SH		SOLE		20	0	0
Vanguard Real Estate ETF	ETF	922908553	14	170	SH		SOLE		170	0	0
iShares MSCI USA ESG Select ETF	ETF	464288802	998	8,880	SH		SOLE		8,880	0	0
Intel Corporation	Stock	458140100	107	3,470	SH		SOLE		3,470	0	0
Netflix, Inc.	Stock	64110L106	1	2	SH		SOLE		2	0	0
Advance Auto Parts, Inc.	Stock	00751Y106	129	2,033	SH		SOLE		2,033	0	0
Wells Fargo Capital 7.50	Convertible Preferred	949746804	12,522	10,532	SH		SOLE		10,532	0	0
Merck & Co., Inc.	Stock	58933Y105	126	1,017	SH		SOLE		1,017	0	0
SPDR S&P 500 ETF	ETF	78462F103	1,546	2,841	SH		SOLE		2,841	0	0
Mastercard Incorporated	Stock	57636Q104	36	82	SH		SOLE		82	0	0
United Rentals, Inc.	Stock	911363109	6	9	SH		SOLE		9	0	0
Emerson Electric Company	Stock	291011104	23	205	SH		SOLE		205	0	0
Vertex Pharmaceuticals Incorporated	Stock	92532F100	4	9	SH		SOLE		9	0	0
J.M. Smucker Company	Stock	832696405	27	247	SH		SOLE		246	0	0
Goldman Sachs JUST U.S. Large Cap Equity ETF	ETF	381430396	1,111	14,220	SH		SOLE		14,220	0	0
Edwards Life Sciences	Stock	28176E108	57	615	SH		SOLE		615	0	0
Super Micro Computer, Inc.	Stock	86800U104	3,417	4,170	SH		SOLE		4,170	0	0
Chubb Limited	Stock	H1467J104	9	35	SH		SOLE		35	0	0
Marvell Technology, Inc.	Stock	573874104	17	250	SH		SOLE		250	0	0
Vanguard FTSE All-World Ex-US Small-Cap Index ETF	ETF	922042718	15	125	SH		SOLE		125	0	0
Pepsico, Inc.	Stock	713448108	71	428	SH		SOLE		428	0	0
Kimbell Royalty Partners, LP	Stock	49435R102	213	13,000	SH		SOLE		13,000	0	0
Black Stone Minerals, L.P.	Stock	09225M101	230	14,700	SH		SOLE		14,700	0	0
Kimberly-Clark Corporation	Stock	494368103	117	846	SH		SOLE		846	0	0
Molson Coors Beverage Company	Stock	60871R209	93	1,835	SH		SOLE		1,835	0	0
Honeywell International, Inc.	Stock	438516106	45	210	SH		SOLE		210	0	0
Trane Technologies, Plc	Stock	G8994E103	240	730	SH		SOLE		730	0	0
Ingersoll Rand, Inc.	Stock	45687V106	61	670	SH		SOLE		670	0	0
U.S. Bancorp	Stock	902973304	49	1,242	SH		SOLE		1,242	0	0
BP, Plc	ADR	055622104	21	575	SH		SOLE		575	0	0
The Home Depot, Inc.	Stock	437076102	27	79	SH		SOLE		79	0	0
iShares Russell 2500 ETF	ETF	46435G268	1,739	27,777	SH		SOLE		27,777	0	0
DuPont de Nemours, Inc.	Stock	26614N102	18	225	SH		SOLE		225	0	0
Health Care Select Sector SPDR Fund	ETF	81369Y209	98	670	SH		SOLE		670	0	0
Dole, PLC	Stock	256603101	0	30	SH		SOLE		30	0	0
Becton, Dickinson and Company	Stock	075887109	257	1,100	SH		SOLE		1,100	0	0
Teck Resources Limited	Stock	878742204	80	1,680	SH		SOLE		1,680	0	0
Schwab U.S. Small Cap ETF	ETF	808524607	5	100	SH		SOLE		100	0	0
iShares Russell 1000 Growth ETF	ETF	464287614	308	845	SH		SOLE		845	0	0
Laboratory Corporation of America Holdings	Stock	504922105	312	1,533	SH		SOLE		1,533	0	0
Schwab U.S. Large-Cap ETF	ETF	808524201	1,281	19,942	SH		SOLE		19,942	0	0
Viemed Healthcare, Inc.	Stock	92663R105	218	33,240	SH		SOLE		33,240	0	0
Berkshire Hathaway Inc.	Stock	084670702	827	2,032	SH		SOLE		2,032	0	0
Adobe Systems, Inc.	Stock	00724F101	51	91	SH		SOLE		91	0	0
Southern Copper Corporation	Stock	84265V105	261	2,418	SH		SOLE		2,418	0	0
Exelon Corporation	Stock	30161N101	7	200	SH		SOLE		200	0	0
Alphabet, Inc.	Stock	02079K305	4,538	24,913	SH		SOLE		24,913	0	0
The Progressive Corporation	Stock	743315103	88	425	SH		SOLE		425	0	0
Intuit, Inc.	Stock	461202103	583	887	SH		SOLE		887	0	0
Generac Holdings Inc.	Stock	368736104	184	1,394	SH		SOLE		1,394	0	0
Microsoft Corporation	Stock	594918104	2,907	6,505	SH		SOLE		6,505	0	0
CVS Health Corporation	Stock	126650100	139	2,356	SH		SOLE		2,356	0	0
Keurig Dr Pepper, Inc.	Stock	49271V100	11	315	SH		SOLE		315	0	0
Garmin, Ltd.	Stock	H2906T109	2	13	SH		SOLE		13	0	0
Berkshire Hathaway Inc.	Stock	084670108	2,449	4	SH		SOLE		4	0	0
Vanguard Small Cap ETF	ETF	922908751	93	425	SH		SOLE		425	0	0
NextEra Energy, Inc.	Stock	65339F101	28	394	SH		SOLE		393	0	0
Nike, Inc.	Stock	654106103	3	40	SH		SOLE		40	0	0
Tesla Motors, Inc.	Stock	88160R101	26	130	SH		SOLE		130	0	0
NXP Semiconductors N.V.	Stock	N6596X109	13	49	SH		SOLE		49	0	0
Norfolk Southern Corporation	Stock	655844108	64	300	SH		SOLE		300	0	0
Dell Technologies, Inc.	Stock	24703L202	26	189	SH		SOLE		189	0	0
Alerian MLP ETF	ETF	00162Q452	475	9,890	SH		SOLE		9,890	0	0
CenterPoint Energy, Inc.	Stock	15189T107	28	900	SH		SOLE		900	0	0
Global X Artificial Intelligence & Technology ETF	ETF	37954Y632	52	1,450	SH		SOLE		1,450	0	0
Dow, Inc.	Stock	260557103	12	225	SH		SOLE		225	0	0
Vanguard S&P 500 ETF	ETF	922908363	495	990	SH		SOLE		989	0	0
CrowdStrike Holdings, Inc.	Stock	22788C105	451	1,176	SH		SOLE		1,176	0	0
Tower Semiconductor Ltd.	Stock	M87915274	96	2,450	SH		SOLE		2,450	0	0
Eli Lilly and Company	Stock	532457108	194	214	SH		SOLE		214	0	0
Air Products & Chemicals, Inc.	Stock	009158106	19	75	SH		SOLE		75	0	0
Datadog, Inc.	Stock	23804L103	21	165	SH		SOLE		165	0	0
Peloton Interactive, Inc.	Stock	70614W100	8	2,500	SH		SOLE		2,500	0	0
Schwab U.S. Mid-Cap ETF	ETF	808524508	2,708	34,800	SH		SOLE		34,800	0	0
iShares Russell 2000 ETF	ETF	464287655	10	50	SH		SOLE		50	0	0
Fidelity National Information Services, Inc.	Stock	31620M106	139	1,850	SH		SOLE		1,850	0	0
Vertiv Holdings, Co.	Stock	92537N108	5,100	58,914	SH		SOLE		58,914	0	0
Digital Realty Trust, Inc.	REIT	253868103	103	678	SH		SOLE		678	0	0
Carrier Global Corporation	Stock	14448C104	131	2,084	SH		SOLE		2,084	0	0
Freeport-McMoRan, Inc.	Stock	35671D857	81	1,675	SH		SOLE		1,675	0	0
APi Group Corporation	Stock	00187Y100	40	1,060	SH		SOLE		1,060	0	0
Iovance Biotherapeutics, Inc.	Stock	462260100	1	100	SH		SOLE		100	0	0
iShares 0-3 Month Treasury Bond ETF	ETF	46436E718	1	10	SH		SOLE		10	0	0
American Electric Power Company, Inc.	Stock	025537101	4	50	SH		SOLE		50	0	0
Entergy Corporation	Stock	29364G103	21	200	SH		SOLE		200	0	0
Marathon Petroleum Corporation	Stock	56585A102	16	90	SH		SOLE		90	0	0
Invesco Aerospace & Defense ETF	ETF	46137V100	5	49	SH		SOLE		49	0	0
Invesco Dynamic Semiconductors ETF	ETF	46137V647	1,527	24,319	SH		SOLE		24,319	0	0
Snowflake, Inc.	Stock	833445109	146	1,082	SH		SOLE		1,082	0	0
Applied Industrial Technologies, Inc.	Stock	03820C105	2	11	SH		SOLE		11	0	0
Stem, Inc.	Stock	85859N102	11	10,000	SH		SOLE		10,000	0	0
C3.ai, Inc.	Stock	12468P104	8	260	SH		SOLE		260	0	0
Energy Transfer LP	Stock	29273V100	229	14,143	SH		SOLE		14,143	0	0
Centerspace	REIT	15202L107	50	734	SH		SOLE		734	0	0
Schwab US Dividend ETF	ETF	808524797	93	1,192	SH		SOLE		1,192	0	0
UiPath Inc.	Stock	90364P105	6	500	SH		SOLE		500	0	0
Electronic Arts, Inc.	Stock	285512109	184	1,318	SH		SOLE		1,318	0	0
Visa, Inc.	Stock	92826C839	3,458	13,175	SH		SOLE		13,175	0	0
Clear Secure, Inc.	Stock	18467V109	37	1,980	SH		SOLE		1,980	0	0
Cellebrite Warrants (Exp. 8/30/26)	Stock	M2197Q115	0	16	SH		SOLE		16	0	0
iShares MSCI India ETF	ETF	46429B598	4	79	SH		SOLE		79	0	0
Blackstone Secured Lending Fund	CEF	09261X102	15	500	SH		SOLE		500	0	0
Vanguard Growth ETF	ETF	922908736	34	90	SH		SOLE		90	0	0
Rivian Automotive, Inc.	Stock	76954A103	0	36	SH		SOLE		36	0	0
Samsara Inc.	Stock	79589L106	64	1,890	SH		SOLE		1,890	0	0
VanEck Semiconductor ETF	ETF	92189F676	16	62	SH		SOLE		62	0	0
ADS-TEC Energy, PLC Warrants (Exp. 12/22/26)	Stock	G0085J109	8	3,109	SH		SOLE		3,109	0	0
Douglas Elliman, Inc.	Stock	25961D105	5	4,000	SH		SOLE		4,000	0	0
Constellation Energy Corporation	Stock	21037T109	13	66	SH		SOLE		66	0	0
Meta Platforms, Inc.	Stock	30303M102	7,156	14,192	SH		SOLE		14,192	0	0
ASML Holding N.V.	ADR	N07059210	20	20	SH		SOLE		20	0	0
ServiceNow, Inc.	Stock	81762P102	44	56	SH		SOLE		56	0	0
Palo Alto Networks, Inc.	Stock	697435105	36	105	SH		SOLE		105	0	0
Broadcom, Inc.	Stock	11135F101	55	34	SH		SOLE		34	0	0
Mplx, LP	Stock	55336V100	170	4,000	SH		SOLE		4,000	0	0
Accenture, PLC	Stock	G1151C101	12	40	SH		SOLE		40	0	0
GE HealthCare Technologies, Inc.	Stock	36266G107	0	4	SH		SOLE		4	0	0
Enbridge, Inc.	Stock	29250N105	10	295	SH		SOLE		295	0	0
Nice, Ltd.	ADR	653656108	4	25	SH		SOLE		25	0	0
NVidia Corporation	Stock	67066G104	13,633	110,356	SH		SOLE		110,356	0	0
Wheaton Precious Metals Corporation	Stock	962879102	25	470	SH		SOLE		470	0	0
AbbVie, Inc.	Stock	00287Y109	26	150	SH		SOLE		150	0	0
ANSYS, Inc.	Stock	03662Q105	228	710	SH		SOLE		710	0	0
Polaris, Inc.	Stock	731068102	1	13	SH		SOLE		13	0	0
Stryker Corporation	Stock	863667101	109	320	SH		SOLE		320	0	0
Fastenal Corporation	Stock	311900104	7	114	SH		SOLE		114	0	0
Resmed, Inc.	Stock	761152107	5	25	SH		SOLE		25	0	0
Intuitive Surgical, Inc.	Stock	46120E602	328	738	SH		SOLE		738	0	0
AMETEK, Inc.	Stock	031100100	1	7	SH		SOLE		7	0	0
Intercontinental Exchange, Inc.	Stock	45866F104	825	6,028	SH		SOLE		6,028	0	0
J.P. Morgan U.S. Tech Leaders ETF	ETF	46654Q732	1,445	20,862	SH		SOLE		20,862	0	0
iShares Russell Mid-Cap ETF	ETF	464287499	245	3,025	SH		SOLE		3,025	0	0
APA Corporation	Stock	03743Q108	3	102	SH		SOLE		102	0	0
Advanced Micro Devices, Inc.	Stock	007903107	49	300	SH		SOLE		300	0	0
SPDR SSGA US Large Cap Low Volatility ETF	ETF	78468R804	10	65	SH		SOLE		65	0	0
CDW Corporation	Stock	12514G108	14	63	SH		SOLE		63	0	0
Energy Select Sector SPDR Fund	ETF	81369Y506	548	6,015	SH		SOLE		6,015	0	0
Solventum Corporation	Stock	83444M101	8	146	SH		SOLE		146	0	0
GE Vernova, LLC	Stock	36828A101	1	3	SH		SOLE		3	0	0
General Electric Company	Stock	369604301	2	13	SH		SOLE		13	0	0
Commvault Systems, Inc.	Stock	204166102	675	5,556	SH		SOLE		5,556	0	0
Industrial Select Sector SPDR Fund	ETF	81369Y704	3	25	SH		SOLE		25	0	0
iShares Expanded Tech-Software Sector ETF	ETF	464287515	1,950	22,436	SH		SOLE		22,436	0	0
Allegion, Plc	Stock	G0176J109	31	266	SH		SOLE		266	0	0
The Cigna Group	Stock	125523100	1	4	SH		SOLE		4	0	0
Wells Fargo & Company	Stock	949746101	85	1,435	SH		SOLE		1,435	0	0
Rio Tinto Group	ADR	767204100	138	2,100	SH		SOLE		2,100	0	0
Ecolab, Inc.	Stock	278865100	508	2,134	SH		SOLE		2,134	0	0
Salesforce.com, Inc.	Stock	79466L302	144	559	SH		SOLE		559	0	0
Invesco S&P 500 Equal Weight Industrials ETF	ETF	46137V324	5	118	SH		SOLE		118	0	0
JP Morgan Chase & Co.	Stock	46625H100	42	209	SH		SOLE		209	0	0
Monolithic Power Systems, Inc.	Stock	609839105	21	25	SH		SOLE		25	0	0
Chevron Corporation	Stock	166764100	112	718	SH		SOLE		718	0	0
ConocoPhillips	Stock	20825C104	5	40	SH		SOLE		40	0	0
Vanguard FTSE Developed Markets ETF	ETF	921943858	16	320	SH		SOLE		320	0	0
Danaher Corporation	Stock	235851102	7	29	SH		SOLE		29	0	0
Walmart, Inc.	Stock	931142103	40	585	SH		SOLE		585	0	0
Oracle Corporation	Stock	68389X105	6	46	SH		SOLE		46	0	0
Raytheon Technologies	Stock	75513E101	215	2,144	SH		SOLE		2,144	0	0
Vanguard FTSE Emerging Markets ETF	ETF	922042858	15	335	SH		SOLE		335	0	0
Target Corporation	Stock	87612E106	100	675	SH		SOLE		675	0	0
Vanguard High Dividend Yield ETF	ETF	921946406	28	235	SH		SOLE		235	0	0
3M Company	Stock	88579Y101	60	585	SH		SOLE		585	0	0
KLA Corporation	Stock	482480100	4	5	SH		SOLE		5	0	0
Caterpillar, Inc.	Stock	149123101	238	715	SH		SOLE		715	0	0
Alphabet, Inc.	Stock	02079K107	9,629	52,497	SH		SOLE		52,497	0	0
Amgen, Inc.	Stock	031162100	62	200	SH		SOLE		200	0	0
Otis Worldwide Corporation	Stock	68902V107	103	1,071	SH		SOLE		1,071	0	0
Vanguard Utilities ETF	ETF	92204A876	140	948	SH		SOLE		948	0	0
Digi International, Inc.	Stock	253798102	374	16,331	SH		SOLE		16,331	0	0
iShares Core S&P U.S. Growth ETF	ETF	464287671	875	6,861	SH		SOLE		6,861	0	0
Viper Energy Partners, LP	Stock	927959106	188	5,000	SH		SOLE		5,000	0	0
SPDR S&P Oil & Gas Exploration & Production ETF	ETF	78468R556	7	47	SH		SOLE		47	0	0
Gabelli Global Small & Mid Cap	CEF	36249W104	0	20	SH		SOLE		20	0	0
Barings Corporate Investors	CEF	06759X107	14	750	SH		SOLE		749	0	0
Global X NASDAQ 100 Covered Call ETF	ETF	37954Y483	133	7,500	SH		SOLE		7,500	0	0
Axon Enterprise, Inc.	Stock	05464C101	6,513	22,135	SH		SOLE		22,135	0	0
iShares S&P Small Cap 600 Value ETF	ETF	464287879	24	250	SH		SOLE		250	0	0
Alibaba Group Holding Limited	ADR	01609W102	13	185	SH		SOLE		185	0	0
American States Water Company	Stock	029899101	2	31	SH		SOLE		31	0	0
Essential Utilities, Inc.	Stock	29670G102	1	30	SH		SOLE		30	0	0
Camtek, Ltd.	Stock	M20791105	17	137	SH		SOLE		137	0	0
Euronet Worldwide, Inc.	Stock	298736109	427	4,129	SH		SOLE		4,129	0	0
Bank of America 7.25	Convertible Preferred	060505682	112	94	SH		SOLE		94	0	0
Lam Research Corporation	Stock	512807108	46	43	SH		SOLE		43	0	0
SPDR MSCI ACWI Low Carbon Target ETF	ETF	78463X194	462	13,400	SH		SOLE		13,400	0	0
Vident U.S. Equity Strategy ETF	ETF	26922A503	4	65	SH		SOLE		65	0	0
Philip Morris International, Inc.	Stock	718172109	144	1,417	SH		SOLE		1,417	0	0
Skyline Champion Corporation	Stock	830830105	3,590	52,984	SH		SOLE		52,984	0	0
Synopsys, Inc.	Stock	871607107	63	106	SH		SOLE		106	0	0
Veeco Instruments, Inc.	Stock	922417100	19	400	SH		SOLE		400	0	0
Vicor Corporation	Stock	925815102	13	386	SH		SOLE		386	0	0
Bristol Myers Squibb Company	Stock	110122108	2	60	SH		SOLE		60	0	0
Altria Group, Inc.	Stock	02209S103	34	742	SH		SOLE		742	0	0
American Water Works Company, Inc.	Stock	030420103	5	35	SH		SOLE		35	0	0
Cadence Design Systems, Inc.	Stock	127387108	6	18	SH		SOLE		18	0	0
Exxon Mobil Corporation	Stock	30231G102	872	7,574	SH		SOLE		7,574	0	0
UnitedHealth Group, Inc.	Stock	91324P102	6,526	12,815	SH		SOLE		12,815	0	0
Lowe's Companies, Inc.	Stock	548661107	2,309	10,472	SH		SOLE		10,472	0	0
ON Semiconductor Corporation	Stock	682189105	8	116	SH		SOLE		116	0	0
Grayscale Bitcoin Trust	ETF	389637109	27	500	SH		SOLE		500	0	0
Lantheus Holdings, Inc.	Stock	516544103	675	8,406	SH		SOLE		8,406	0	0
Novo Nordisk A/S	ADR	670100205	19	132	SH		SOLE		132	0	0
SAP SE	ADR	803054204	20	100	SH		SOLE		100	0	0
Charles Schwab Corporation	Stock	808513105	526	7,142	SH		SOLE		7,142	0	0
Barings Participation Investors	CEF	06761A103	33	2,000	SH		SOLE		1,999	0	0
Apple, Inc.	Stock	037833100	7,453	35,387	SH		SOLE		35,387	0	0
Booking Holdings Inc.	Stock	09857L108	83	21	SH		SOLE		21	0	0