Kelly Morrison Estimated Holdings (2026)

Base report: annual report CY2025 · trades through 2026-08-11 · later PTRs: 1 2 3 4 5 6 7 8 9 10 11 12 13

Estimated total: $21.9M–open-ended (some lines have no upper bound) across 140 positions.

Based on the annual report CY2025 and trades reported after it, Rep. Kelly Morrison holds an estimated 140 positions worth $21.9M–open-ended (some lines have no upper bound) in total. The largest estimated holding is Investment Fund ⇒ Callanish Capital Partners LP ($5M–$25M). Disclosures give value ranges, not exact amounts, so treat this as a rough estimate for education, not investment advice.

Asset	Type	Estimated range	Confidence	Came from
Investment Fund ⇒ Callanish Capital Partners LP	Private fund	$5M–$25M	High	Report
LINIX Deferred Compensation Program ⇒ BlackRock LifePath Index 203	Fund/ETF	$2M–open-ended	Medium	Report
FZFXX Brokerage Account 1 ⇒ Fidelity Treasury Money Market Fund (F	Fund/ETF	$1M–open-ended	Medium	Report
IVV Trust 8 ⇒ iShares Core S&P 500 ETF (IVV)	Fund/ETF	$1.1M–$2.1M	High	Report
IEFA Trust 8 ⇒ iShares Core MSCI EAFE ETF (IEFA)	Fund/ETF	$950K–$2M	High	Report
VOO Trust 8 ⇒ Vanguard S&P 500 ETF (VOO)	Fund/ETF	$751K–$1.5M	High	Report
MSFT Trust 2 ⇒ Microsoft Corporation - Common Stock (MSFT)	Stock	$700K–$1.4M	High	Report
VWIUX Trust 2 ⇒ Vanguard Intermediate-Term Tax-Exempt Fd Admiral S	Fund/ETF	$515K–$1.1M	High	Report
SMDA Trust 2 ⇒ Wells Fargo Secured Market Deposit Account (SMDA)	Cash	$515K–$1.1M	High	Report
Rental Property 1	Real estate	$500K–$1M	High	Report
VIEIX Retirement Account 2 (401k) ⇒ Vanguard Index Trust Extended	Fund/ETF	$500K–$1M	High	Report
TSM Trust 1 ⇒ Taiwan Semiconductor Manufacturing Company Ltd. (T	Stock	$300K–$750K	High	Report
AAPL Trust 2 ⇒ Apple Inc. - Common Stock (AAPL)	Stock	$300K–$700K	High	Report
GOOG Trust 2 ⇒ Alphabet Inc. - Class C Capital Stock (GOOG)	Stock	$265K–$650K	High	Report
IVE Trust 2 ⇒ iShares S&P 500 Value ETF (IVE)	Fund/ETF	$251K–$615K	High	Report
APH Trust 2 ⇒ Amphenol Corporation Common Stock (APH)	Stock	$250K–$600K	High	Report
COST Trust 2 ⇒ Costco Wholesale Corporation - Common Stock (COST)	Stock	$265K–$550K	High	Report
Bank Account 2	Cash	$250K–$500K	High	Report
Target Pension Account	Pension	$250K–$500K	High	Report
EKJYX Retirement Account 4 (401k) ⇒ Allspring Premier Large Compan	Fund/ETF	$250K–$500K	High	Report
EISIX Retirement Account 4 (401k) ⇒ Carillon ClariVest Internation	Fund/ETF	$250K–$500K	High	Report
PLSAX Retirement Account 4 (401k) ⇒ Principal Fds, Inc. LargeCap S	Fund/ETF	$250K–$500K	High	Report
VEA Trust 2 ⇒ Vanguard FTSE Developed Markets ETF (VEA)	Fund/ETF	$250K–$500K	High	Report
VV Trust 2 ⇒ Vanguard Large-Cap ETF (VV)	Fund/ETF	$250K–$500K	High	Report
TGT Brokerage Account 1 ⇒ Target Corporation Common Stock (TGT)	Stock	$200K–$500K	High	Report
FLTR Trust 8 ⇒ VanEck IG Floating Rate ETF (FLTR)	Fund/ETF	$200K–$450K	High	Report
VWSUX Trust 8 ⇒ Vanguard Ultra-Short-Term Tax-Exempt Fund Admiral	Fund/ETF	$165K–$400K	High	Report
VSCRX Trust 8 ⇒ Virtus KAR Small-Cap Core Fund R6 (VSCRX)	Fund/ETF	$165K–$400K	High	Report
VWO Trust 2 ⇒ Vanguard FTSE Emerging Markets ETF (VWO)	Fund/ETF	$151K–$365K	High	Report
MA Trust 1 ⇒ Mastercard Incorporated Common Stock (MA)	Stock	$165K–$350K	High	Report
IEMG Trust 8 ⇒ iShares Core MSCI Emerging Markets ETF (IEMG)	Fund/ETF	$115K–$300K	High	Report
BRK.B Trust 1 ⇒ Berkshire Hathaway Inc. New Common Stock (BRK.B)	Stock	$150K–$300K	High	Report
College Savings Iowa 529 Plan #1 ⇒ Growth Portfolio	529 Plan	$100K–$250K	High	Report
College Savings Iowa 529 Plan #2 ⇒ Growth Portfolio	529 Plan	$100K–$250K	High	Report
VBILX Deferred Compensation Program ⇒ Vanguard Intermediate-Term B	Fund/ETF	$100K–$250K	High	Report
OPOCX Retirement Account 4 (401k) ⇒ Invesco Discovery Fund Class A	Fund/ETF	$100K–$250K	High	Report
PMSIX Retirement Account 4 (401k) ⇒ Principal Fds, Inc. Core Plus	Fund/ETF	$100K–$250K	High	Report
PSSIX Retirement Account 4 (401k) ⇒ Principal Fds, Inc. SmallCap S	Fund/ETF	$100K–$250K	High	Report
PMFJX Retirement Account 4 (401k) ⇒ Principal Fds, Inc.MidCap S&P	Fund/ETF	$100K–$250K	High	Report
IBM Trust 2 ⇒ International Business Machines Corporation Common	Stock	$100K–$250K	High	Report
VIG Trust 2 ⇒ Vanguard Div Appreciation ETF (VIG)	Fund/ETF	$100K–$250K	High	Report
VYM Trust 2 ⇒ Vanguard High Dividend Yield ETF (VYM)	Fund/ETF	$100K–$250K	High	Report
JPM Trust 1 ⇒ JP Morgan Chase & Co. Common Stock (JPM)	Stock	$115K–$250K	High	Report
XLE Trust 8 ⇒ State Street Energy Select Sector SPDR ETF (XLE)	Fund/ETF	$81K–$215K	High	Report
BLK Trust 2 ⇒ BlackRock, Inc. Common Stock (BLK)	Stock	$80K–$200K	High	Report
JNJ Trust 2 ⇒ Johnson & Johnson Common Stock (JNJ)	Stock	$80K–$200K	High	Report
SPGI Trust 2 ⇒ S&P Global Inc. Common Stock (SPGI)	Stock	$80K–$200K	High	Report
AMZN Trust 1 ⇒ Amazon.com, Inc. - Common Stock (AMZN)	Stock	$60K–$200K	High	Report
TMO Trust 1 ⇒ Thermo Fisher Scientific Inc Common Stock (TMO)	Stock	$60K–$200K	High	Report
AVGO Trust 2 ⇒ Broadcom Inc. - Common Stock (AVGO)	Stock	$65K–$150K	High	Report
FTHFX Trust 2 ⇒ FullerThaler Behavioral Small-Cap Equity Fund R6 S	Fund/ETF	$65K–$150K	High	Report
META Trust 2 ⇒ Meta Platforms, Inc. - Class A Common Stock (META)	Stock	$65K–$150K	High	Report
IAU Trust 8 ⇒ iShares Gold Trust Shares (IAU)	Fund/ETF	$65K–$150K	High	Report
IWR Trust 8 ⇒ iShares Russell Mid-Cap ETF (IWR)	Fund/ETF	$65K–$150K	High	Report
ASHGY Trust 1 ⇒ ASHTED GRP PLC S/ADR (ASHGY)	Stock	$45K–$150K	High	Report
COR Trust 1 ⇒ Cencora, Inc. Common Stock (COR)	Stock	$45K–$150K	High	Report
DHI Trust 1 ⇒ D.R. Horton, Inc. Common Stock (DHI)	Stock	$45K–$150K	High	Report
UL Trust 1 ⇒ Unilever PLC Common Stock (UL)	Stock	$45K–$150K	High	Report
SNOXX Retirement Account 6 (IRA) ⇒ Schwab Treasury Obligations Mon	Fund/ETF	$51K–$115K	High	Report
ROK Trust 2 ⇒ Rockwell Automation, Inc. Common Stock (ROK)	Stock	$31K–$115K	High	Report
College Savings Iowa 529 Plan #3 ⇒ Aggressive Growth Portfol	529 Plan	$50K–$100K	High	Report
VFFSX Retirement Account 2 (401k) ⇒ Vanguard 500 Index Fund Instit	Fund/ETF	$50K–$100K	High	Report
MADVX Retirement Account 4 (401k) ⇒ BlackRock Eq Dividend I (MADVX	Fund/ETF	$50K–$100K	High	Report
GSSIX Retirement Account 4 (401k) ⇒ Goldman Sachs Small Cap Value	Fund/ETF	$50K–$100K	High	Report
Retirement Account 5 (Defined Benefit Pension Plan) ⇒ Target	Other	$50K–$100K	High	Report
Trust 1 ⇒ ANOKA MN SER A DTD 06/08/23	Bond	$50K–$100K	High	Report
ABBV Trust 2 ⇒ AbbVie Inc. Common Stock (ABBV)	Stock	$50K–$100K	High	Report
Trust 2 ⇒ ANOKA MN SER A DTD 06/08/23	Bond	$50K–$100K	High	Report
Trust 2 ⇒ CHASKA MN ELEC REVENUE REF - SER A DTD 10/01/15	Bond	$50K–$100K	High	Report
Trust 2 ⇒ DAYTON MN SER A DTD 06/15/23	Bond	$50K–$100K	High	Report
HON Trust 2 ⇒ Honeywell International Inc. (HON)	Stock	$50K–$100K	High	Report
EFA Trust 2 ⇒ iShares MSCI EAFE ETF (EFA)	Fund/ETF	$50K–$100K	High	Report
LOW Trust 2 ⇒ Lowe's Companies, Inc. Common Stock (LOW)	Stock	$50K–$100K	High	Report
MRK Trust 2 ⇒ Merck & Company, Inc. Common Stock (MRK)	Stock	$50K–$100K	High	Report
Trust 2 ⇒ MINNESOTA ST MUNI PWR AGY ELEC DTD 08/25/16	Bond	$50K–$100K	High	Report
VB Trust 2 ⇒ Vanguard Small-Cap ETF (VB)	Fund/ETF	$50K–$100K	High	Report
CCLFX Trust 7 ⇒ Cliffwater Corporate Lending Fund Class I (CCLFX)	Fund/ETF	$50K–$100K	High	Report
GTEYX Trust 7 ⇒ Gateway Fund Class Y (GTEYX)	Fund/ETF	$50K–$100K	High	Report
VCSH Trust 7 ⇒ Vanguard Short-Term Corporate Bond ETF (VCSH)	Fund/ETF	$50K–$100K	High	Report
Artistry in Motion, LLC	Stock	$50K–$100K	Medium	Later trade
WFC Trust 1 ⇒ Wells Fargo & Company Common Stock (WFC)	Stock	$30K–$100K	High	Report
GOOGL Trust 7 ⇒ Alphabet Inc. - Class A Common Stock (GOOGL)	Stock	$30K–$100K	High	Report
PG Trust 8 ⇒ Procter & Gamble Company (PG)	Stock	$16K–$65K	High	Report
VXUS Retirement Account 3 (IRA) ⇒ Vanguard Total International St	Fund/ETF	$15K–$50K	High	Report
ACINX Retirement Account 4 (401k) ⇒ Columbia Acorn International C	Fund/ETF	$15K–$50K	High	Report
CVX Trust 2 ⇒ Chevron Corporation Common Stock (CVX)	Stock	$15K–$50K	High	Report
XOM Trust 2 ⇒ Exxon Mobil Corporation Common Stock (XOM)	Stock	$15K–$50K	High	Report
SO Trust 2 ⇒ Southern Company (SO)	Stock	$15K–$50K	High	Report
ZGFIX Trust 7 ⇒ American Beacon Ninety One Global Franchise Fund -	Fund/ETF	$15K–$50K	High	Report
BSGLX Trust 7 ⇒ Baillie Gifford Long Term Global Growth Fund - Ins	Fund/ETF	$15K–$50K	High	Report
BAC Trust 7 ⇒ Bank of America Corporation Common Stock (BAC)	Stock	$15K–$50K	High	Report
CCJ Trust 7 ⇒ Cameco Corporation Common Stock (CCJ)	Stock	$15K–$50K	High	Report
ETN Trust 7 ⇒ Eaton Corporation, PLC Ordinary Shares (ETN)	Stock	$15K–$50K	High	Report
IWM Trust 7 ⇒ iShares Russell 2000 ETF (IWM)	Fund/ETF	$15K–$50K	High	Report
JEPI Trust 7 ⇒ JPMorgan Equity Premium Income ETF (JEPI)	Fund/ETF	$15K–$50K	High	Report
MPGVX Trust 7 ⇒ Mondrian Global Equity Value Fund (MPGVX)	Fund/ETF	$15K–$50K	High	Report
PTRQX Trust 7 ⇒ PGIM Total Return Bond Fund Class R6 (PTRQX)	Fund/ETF	$15K–$50K	High	Report
PMZIX Trust 7 ⇒ PIMCO Mortgage Opportunities and Bond Fund Class I	Fund/ETF	$15K–$50K	High	Report
RTX Trust 7 ⇒ RTX Corporation Common Stock (RTX)	Stock	$15K–$50K	High	Report
SCHR Trust 7 ⇒ Schwab Intermediate-Term U.S. Treasury ETF (SCHR)	Fund/ETF	$15K–$50K	High	Report
SWSSX Trust 7 ⇒ Schwab Small-Cap Index Fund-Select Shares (SWSSX)	Fund/ETF	$15K–$50K	High	Report
VO Trust 7 ⇒ Vanguard Mid-Cap ETF (VO)	Fund/ETF	$15K–$50K	High	Report
ABT Trust 8 ⇒ Abbott Laboratories Common Stock (ABT)	Stock	$15K–$50K	High	Report
EHC Trust 8 ⇒ Encompass Health Corporation Common Stock (EHC)	Stock	$15K–$50K	High	Report
GGG Trust 8 ⇒ Graco Inc. Common Stock (GGG)	Stock	$15K–$50K	High	Report
CogniChip, Inc.	Stock	$15K–$50K	Medium	Later trade
Modak Communities Inc.	Stock	$15K–$50K	Medium	Later trade
Varda Space Industries, Inc.	Stock	$15K–$50K	Medium	Later trade
Aalo Atomics	Stock	$15K–$50K	Medium	Later trade
Sygaldry Technologies, Inc.	Stock	$15K–$50K	Medium	Later trade
Advanced Machine Intelligence (AMI) Labs	Stock	$15K–$50K	Medium	Later trade
Project Stardust	Stock	$15K–$50K	Medium	Later trade
Axiom Quant Inc. (dba Axiom Math)	Stock	$15K–$50K	Medium	Later trade
Rhoda AI	Stock	$15K–$50K	Medium	Later trade
Arcade AI. Inc.	Stock	$15K–$50K	Medium	Later trade
Pelvital USA, Inc.	Stock	$15K–$50K	Medium	Later trade
HONAV Honeywell Aerospace Inc. - Common Stock (HONAV)	Stock	$15K–$50K	Low	Later trade
ITW Trust 1 ⇒ Illinois Tool Works Inc. Common Stock (ITW)	Stock	$2K–$30K	High	Report
Bank Account 1	Cash	$1K–$15K	High	Report
LLC for Shared Family Cabin ⇒ Wells Fargo - Checking	Cash	$1K–$15K	High	Report
Retirement Account 3 (IRA) ⇒ Secured Market Deposit Account	Cash	$1K–$15K	High	Report
Retirement Account 6 (IRA) ⇒ Charles Schwab Premier Bank	Cash	$1K–$15K	High	Report
Trust 7 ⇒ Schwab Trust Bank (Sweep Account)	Cash	$1K–$15K	High	Report

17 small positions (each ≤ $15K), total $17K–$255K, 2 from later trades. Click to expand.

Asset	Type	Estimated range	Confidence	Came from
Rental Property 2	Real estate	$1K–$15K	High	Report
VMFXX Retirement Account 2 (401k) ⇒ Vanguard Money Market Reserves	Fund/ETF	$1K–$15K	High	Report
IJR Retirement Account 3 (IRA) ⇒ iShares Core S&P Small-Cap ETF	Fund/ETF	$1K–$15K	High	Report
TORIX Retirement Account 3 (IRA) ⇒ Tortoise Energy Infrastructure	Fund/ETF	$1K–$15K	High	Report
VGSH Trust 2 ⇒ Vanguard Short-Term Treasury ETF (VGSH)	Fund/ETF	$1K–$15K	High	Report
ACN Trust 7 ⇒ Accenture plc Class A Ordinary Shares (ACN)	Stock	$1K–$15K	High	Report
CMG Trust 7 ⇒ Chipotle Mexican Grill, Inc. Common Stock (CMG)	Stock	$1K–$15K	High	Report
CMCSA Trust 7 ⇒ Comcast Corporation - Class A Common Stock (CMCSA)	Stock	$1K–$15K	High	Report
DHR Trust 7 ⇒ Danaher Corporation Common Stock (DHR)	Stock	$1K–$15K	High	Report
GIBIX Trust 7 ⇒ Guggenheim Total Return Bond Fund- Institutional C	Fund/ETF	$1K–$15K	High	Report
HD Trust 7 ⇒ Home Depot, Inc. (HD)	Stock	$1K–$15K	High	Report
VNQ Trust 7 ⇒ Vanguard Real Estate ETF (VNQ)	Fund/ETF	$1K–$15K	High	Report
VLTO Trust 7 ⇒ Veralto Corp Common Stock (VLTO)	Stock	$1K–$15K	High	Report
PEP Trust 8 ⇒ PepsiCo, Inc. - Common Stock (PEP)	Stock	$1K–$15K	High	Report
VVV Trust 8 ⇒ Valvoline Inc. Common Stock (VVV)	Stock	$1K–$15K	High	Report
HM Companies LLC	Stock	$1K–$15K	Medium	Later trade
Cavall	Stock	$1K–$15K	Medium	Later trade

Education, not investment advice. This is an estimate, not a holdings report. We start from the value ranges in the member's most recent financial disclosure and add or subtract later periodic transaction reports (PTRs). Disclosures give ranges, not exact values, and the result can be wrong: valuation dates differ, some trades can't be matched to a holding, and assets may have moved since. Confidence: High = taken directly from the report; Medium = changed by later trades or matched by name; Low = no stated value or unclear match.

Sources: U.S. House Clerk Periodic Transaction Reports (disclosures-clerk.house.gov) and U.S. Senate eFD Periodic Transaction Reports (efdsearch.senate.gov), filed 2024 to present; SEC EDGAR submissions (Form 4 and 8-K filing dates); committee assignments from the unitedstates/congress-legislators project (current membership); daily closing prices from Yahoo Finance's public chart data (query1.finance.yahoo.com), which is unofficial and may be revised. Built 2026-11-03.

Rep. Kelly Morrison D-MN03