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

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
12-31-2021
Check here if Amendment: ☐ Amendment Number:
This Amendment (Check only one.):☐ is a restatement.
☐ adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
Carlson Capital Management
Address:
11 BRIDGE SQ
NORTHFIELD, MN 55057
Form 13F File Number:
028-15611

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
Adam Hoffmann
Title:
Chief Investment Officer
Phone:
5076458887


Signature, Place, and Date of Signing:

Adam Hoffmann
                         [Signature]
Northfield, MINNESOTA
                 [City, State]
01-14-2022
                           [Date]
                          

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
171
Form 13F Information table Value Total:
1152242
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


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

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3M COCOM88579Y10117,66699,453SHSOLE0 0 0 99,453
ABBOTT LABSCOM0028241003,17622,570SHSOLE0 0 0 22,570
ABBVIE INCCOM00287Y1092932,161SHSOLE0 0 0 2,161
ACCENTURE PLC IRELANDSHS CLASS AG1151C10117,00941,029SHSOLE0 0 0 41,029
ADOBE SYSTEMS INCORPORATEDCOM00724F101449792SHSOLE0 0 0 792
AFLAC INCCOM0010551022013,441SHSOLE0 0 0 3,441
ALLIANT ENERGY CORPCOM0188021083936,390SHSOLE0 0 0 6,390
ALLSTATE CORPCOM0200021012892,455SHSOLE0 0 0 2,455
ALPHABET INCCAP STK CL A02079K3051,388479SHSOLE0 0 0 479
ALPHABET INCCAP STK CL C02079K1071,285444SHSOLE0 0 0 444
ALTERYX INCNOTE 1.000% 8/002156BAF03135,000PRNSOLE0 0 0 35,000
ALTRIA GROUP INCCOM02209S1033076,470SHSOLE0 0 0 6,470
AMAZON COM INCCOM0231351062,324697SHSOLE0 0 0 697
AMERICAN CENTY ETF TRUS SML CP VALU02507287721,948275,246SHSOLE0 0 0 275,246
AMERICAN CENTY ETF TRINTL SMCP VLU02507280214,335222,079SHSOLE0 0 0 222,079
AMERICAN CENTY ETF TRAVANTIS EMGMKT0250726043,36253,101SHSOLE0 0 0 53,101
AMERICAN WTR WKS CO INC NEWCOM0304201039364,955SHSOLE0 0 0 4,955
APPLE INCCOM0378331009,00250,697SHSOLE0 0 0 50,697
AT&T INCCOM00206R10256422,943SHSOLE0 0 0 22,943
BADGER METER INCCOM0565251086956,522SHSOLE0 0 0 6,522
BAXTER INTL INCCOM0718131092903,380SHSOLE0 0 0 3,380
BERKSHIRE HATHAWAY INC DELCL B NEW0846707021,9576,545SHSOLE0 0 0 6,545
BK OF AMERICA CORPCOM0605051044349,758SHSOLE0 0 0 9,758
BOSTON SCIENTIFIC CORPCOM10113710759313,956SHSOLE0 0 0 13,956
BROADCOM INCCOM11135F101583876SHSOLE0 0 0 876
C H ROBINSON WORLDWIDE INCCOM NEW12541W2096856,368SHSOLE0 0 0 6,368
CANADIAN NATL RY COCOM1363751022081,690SHSOLE0 0 0 1,690
CERNER CORPCOM1567821045876,318SHSOLE0 0 0 6,318
CHEESECAKE FACTORY INCNOTE 0.375% 6/1163072AA91315,000PRNSOLE0 0 0 15,000
CHEFS WHSE INCNOTE 1.875%12/0163086AB73230,000PRNSOLE0 0 0 30,000
CHEVRON CORP NEWCOM1667641004653,966SHSOLE0 0 0 3,966
CIGNA CORP NEWCOM1255231005172,251SHSOLE0 0 0 2,251
CISCO SYS INCCOM17275R1025578,797SHSOLE0 0 0 8,797
COASTAL FINL CORP WACOM NEW19046P2096,044119,398SHSOLE0 0 0 119,398
COCA COLA COCOM19121610080813,652SHSOLE0 0 0 13,652
COLGATE PALMOLIVE COCOM1941621032122,479SHSOLE0 0 0 2,479
COMCAST CORP NEWCL A20030N1012384,719SHSOLE0 0 0 4,719
CONSTELLATION BRANDS INCCL A21036P1082951,176SHSOLE0 0 0 1,176
COSTCO WHSL CORP NEWCOM22160K1058411,481SHSOLE0 0 0 1,481
CSG SYS INTL INCNOTE 4.250% 3/1126349AF61110,000PRNSOLE0 0 0 10,000
DANAHER CORPORATIONCOM2358511027912,405SHSOLE0 0 0 2,405
DIMENSIONAL ETF TRUSTUS EQUITY ETF25434V4012,49348,220SHSOLE0 0 0 48,220
DIMENSIONAL ETF TRUSTUS CORE EQUITY 225434V7082,32480,229SHSOLE0 0 0 80,229
DIMENSIONAL ETF TRUSTUS SMALL CAP ETF25434V50026,933448,958SHSOLE0 0 0 448,958
DIMENSIONAL ETF TRUSTUS TARGETED VLU25434V60935,376744,446SHSOLE0 0 0 744,446
DIMENSIONAL ETF TRUSTINTERNATNAL VAL25434V80723,097703,758SHSOLE0 0 0 703,758
DIMENSIONAL ETF TRUSTWORLD EX US CORE25434V88027710,599SHSOLE0 0 0 10,599
DISNEY WALT COCOM2546871063021,947SHSOLE0 0 0 1,947
DOLLAR GEN CORP NEWCOM256677105206874SHSOLE0 0 0 874
ECOLAB INCCOM2788651003011,283SHSOLE0 0 0 1,283
ELECTROMED INCCOM28540910815912,234SHSOLE0 0 0 12,234
EMERSON ELEC COCOM2910111044374,697SHSOLE0 0 0 4,697
EQUITY RESIDENTIALSH BEN INT29476L1072192,418SHSOLE0 0 0 2,418
ETF SER SOLUTIONSDISTILLATE US26922A321151,4273,271,973SHSOLE0 0 0 3,271,973
EXXON MOBIL CORPCOM30231G10279713,024SHSOLE0 0 0 13,024
FASTENAL COCOM3119001046059,447SHSOLE0 0 0 9,447
FIDELITY NATL INFORMATION SVCOM31620M1062182,002SHSOLE0 0 0 2,002
FISERV INCCOM3377381082642,541SHSOLE0 0 0 2,541
FULLER H B COCOM3596941063674,526SHSOLE0 0 0 4,526
GENERAL MLS INCCOM3703341044947,332SHSOLE0 0 0 7,332
GOLDMAN SACHS GROUP INCCOM38141G104214560SHSOLE0 0 0 560
GRACO INCCOM3841091045,45567,657SHSOLE0 0 0 67,657
GREENBRIER COS INCNOTE 2.875% 2/0393657AK75855,000PRNSOLE0 0 0 55,000
HEICO CORP NEWCOM4228061092892,001SHSOLE0 0 0 2,001
HOME DEPOT INCCOM4370761027131,719SHSOLE0 0 0 1,719
HONEYWELL INTL INCCOM4385161061,5467,413SHSOLE0 0 0 7,413
HORMEL FOODS CORPCOM4404521003076,282SHSOLE0 0 0 6,282
HUNTINGTON BANCSHARES INCCOM4461501042,681173,870SHSOLE0 0 0 173,870
INTEL CORPCOM4581401004398,521SHSOLE0 0 0 8,521
INTERNATIONAL BUSINESS MACHSCOM4592001016134,589SHSOLE0 0 0 4,589
INVESCO EXCHANGE TRADED FD TFTSE RAFI 150046137V5973351,746SHSOLE0 0 0 1,746
INVESCO EXCHANGE TRADED FD TFTSE RAFI 100046137V6133862,249SHSOLE0 0 0 2,249
INVESCO QQQ TRUNIT SER 146090E1031,9704,952SHSOLE0 0 0 4,952
ISHARES INCCORE MSCI EMKT46434G1031,64527,479SHSOLE0 0 0 27,479
ISHARES TRCORE MSCI EAFE46432F8421,21816,324SHSOLE0 0 0 16,324
ISHARES TRMSCI USA MMENTM46432F3962741,507SHSOLE0 0 0 1,507
ISHARES TRUS HOME CONS ETF4642887522302,779SHSOLE0 0 0 2,779
ISHARES TREAFE VALUE ETF46428887710,468207,731SHSOLE0 0 0 207,731
ISHARES TRCORE S&P TTL STK4642871506536,100SHSOLE0 0 0 6,100
ISHARES TRUS TRSPRTION4642871926192,238SHSOLE0 0 0 2,238
ISHARES TRS&P 100 ETF4642871012541,159SHSOLE0 0 0 1,159
ISHARES TRCORE US AGGBD ET4642872262292,007SHSOLE0 0 0 2,007
ISHARES TRCORE S&P500 ETF4642872009872,069SHSOLE0 0 0 2,069
ISHARES TRRUS 1000 GRW ETF4642876144621,513SHSOLE0 0 0 1,513
ISHARES TRRUSSELL 2000 ETF4642876554562,051SHSOLE0 0 0 2,051
ISHARES TRRUS 2000 VAL ETF4642876302,00612,078SHSOLE0 0 0 12,078
ISHARES TRCORE S&P US GWT4642876712251,950SHSOLE0 0 0 1,950
ISHARES TRRUS 2000 GRW ETF4642876481,8736,392SHSOLE0 0 0 6,392
ISHARES TRMSCI EAFE ETF46428746584710,769SHSOLE0 0 0 10,769
ISHARES TRMSCI INTL QUALTY46434V4564,656118,220SHSOLE0 0 0 118,220
JOHNSON & JOHNSONCOM4781601042,77916,246SHSOLE0 0 0 16,246
JPMORGAN CHASE & COCOM46625H1009055,712SHSOLE0 0 0 5,712
KIMBERLY-CLARK CORPCOM4943681034723,300SHSOLE0 0 0 3,300
LAUDER ESTEE COS INCCL A518439104337909SHSOLE0 0 0 909
LILLY ELI & COCOM5324571081,1114,021SHSOLE0 0 0 4,021
LOWES COS INCCOM5486611073031,174SHSOLE0 0 0 1,174
MAIN STR CAP CORPCOM56035L1043,05668,130SHSOLE0 0 0 68,130
MARRIOTT INTL INC NEWCL A5719032022741,659SHSOLE0 0 0 1,659
MCDONALDS CORPCOM5801351013091,151SHSOLE0 0 0 1,151
MCKESSON CORPCOM58155Q1036452,596SHSOLE0 0 0 2,596
MEDTRONIC PLCSHSG5960L1033813,686SHSOLE0 0 0 3,686
MERCK & CO INCCOM58933Y1054936,432SHSOLE0 0 0 6,432
META PLATFORMS INCCL A30303M1029462,812SHSOLE0 0 0 2,812
MICROSOFT CORPCOM59491810410,38330,874SHSOLE0 0 0 30,874
MORGAN STANLEYCOM NEW6174464484124,196SHSOLE0 0 0 4,196
NETFLIX INCCOM64110L106333552SHSOLE0 0 0 552
NEXTERA ENERGY INCCOM65339F1011,22113,073SHSOLE0 0 0 13,073
NIKE INCCL B6541061035293,176SHSOLE0 0 0 3,176
NOMAD FOODS LTDUSD ORD SHSG6564A10525410,000SHSOLE0 0 0 10,000
NVIDIA CORPORATIONCOM67066G1045251,786SHSOLE0 0 0 1,786
ORACLE CORPCOM68389X1052623,008SHSOLE0 0 0 3,008
PACER FDS TRPACER US SMALL69374H8571,19227,868SHSOLE0 0 0 27,868
PACER FDS TRDEVELOPED MRKT69374H87322,431718,237SHSOLE0 0 0 718,237
PACER FDS TRUS CASH COWS 10069374H88141,332877,730SHSOLE0 0 0 877,730
PENTAIR PLCSHSG7S00T1042283,128SHSOLE0 0 0 3,128
PEPSICO INCCOM7134481089805,641SHSOLE0 0 0 5,641
PFIZER INCCOM7170811031,12118,986SHSOLE0 0 0 18,986
PHILIP MORRIS INTL INCCOM7181721093283,454SHSOLE0 0 0 3,454
PROCTER AND GAMBLE COCOM7427181091,2757,792SHSOLE0 0 0 7,792
RAYTHEON TECHNOLOGIES CORPCOM75513E1012993,479SHSOLE0 0 0 3,479
S&P GLOBAL INCCOM78409V104433918SHSOLE0 0 0 918
SALESFORCE COM INCCOM79466L302235926SHSOLE0 0 0 926
SCHWAB CHARLES CORPCOM8085131053013,578SHSOLE0 0 0 3,578
SCHWAB STRATEGIC TRUS SML CAP ETF8085246074504,391SHSOLE0 0 0 4,391
SCHWAB STRATEGIC TRUS LCAP GR ETF8085243002671,632SHSOLE0 0 0 1,632
SCHWAB STRATEGIC TRUS LCAP VA ETF8085244092,08128,421SHSOLE0 0 0 28,421
SCHWAB STRATEGIC TREMRG MKTEQ ETF8085247062598,749SHSOLE0 0 0 8,749
SCHWAB STRATEGIC TRSHT TM US TRES8085248622234,389SHSOLE0 0 0 4,389
SCHWAB STRATEGIC TRUS BRD MKT ETF8085241028417,440SHSOLE0 0 0 7,440
SCHWAB STRATEGIC TRINTL EQTY ETF8085248051,62441,772SHSOLE0 0 0 41,772
SCHWAB STRATEGIC TRUS LRG CAP ETF8085242013,71532,637SHSOLE0 0 0 32,637
SELECT SECTOR SPDR TRSBI HEALTHCARE81369Y2092061,461SHSOLE0 0 0 1,461
SPDR DOW JONES INDL AVERAGEUT SER 178467X109254699SHSOLE0 0 0 699
SPDR GOLD TRGOLD SHS78463V1072,01611,793SHSOLE0 0 0 11,793
SPDR INDEX SHS FDSS&P INTL SMLCP78463X8719,462250,511SHSOLE0 0 0 250,511
SPDR S&P 500 ETF TRTR UNIT78462F1032,8936,092SHSOLE0 0 0 6,092
SPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP78467Y107298575SHSOLE0 0 0 575
SPDR SER TRS&P 600 SMCP VAL78464A30094811,190SHSOLE0 0 0 11,190
SPDR SER TRS&P 600 SML CAP78464A8134074,093SHSOLE0 0 0 4,093
STARBUCKS CORPCOM8552441093673,136SHSOLE0 0 0 3,136
SUMMIT HOTEL PPTYSNOTE 1.500% 2/1866082AA84240,000PRNSOLE0 0 0 40,000
TACTILE SYS TECHNOLOGY INCCOM87357P10032216,927SHSOLE0 0 0 16,927
TARGET CORPCOM87612E1062,1259,182SHSOLE0 0 0 9,182
TESLA INCCOM88160R101809766SHSOLE0 0 0 766
TJX COS INC NEWCOM8725401096448,478SHSOLE0 0 0 8,478
TRAVELERS COMPANIES INCCOM89417E1094723,018SHSOLE0 0 0 3,018
UNION PAC CORPCOM9078181086842,714SHSOLE0 0 0 2,714
UNITEDHEALTH GROUP INCCOM91324P10215,15730,186SHSOLE0 0 0 30,186
US BANCORP DELCOM NEW90297330497917,433SHSOLE0 0 0 17,433
VANGUARD BD INDEX FDSSHORT TRM BOND92193782751,952642,729SHSOLE0 0 0 642,729
VANGUARD INDEX FDSLARGE CAP ETF92290863790,584409,845SHSOLE0 0 0 409,845
VANGUARD INDEX FDSVALUE ETF92290874425,641174,297SHSOLE0 0 0 174,297
VANGUARD INDEX FDSSM CP VAL ETF92290861120,093112,346SHSOLE0 0 0 112,346
VANGUARD INDEX FDSREAL ESTATE ETF9229085534,26836,786SHSOLE0 0 0 36,786
VANGUARD INDEX FDSGROWTH ETF9229087366902,151SHSOLE0 0 0 2,151
VANGUARD INDEX FDSSMALL CP ETF92290875117,38776,932SHSOLE0 0 0 76,932
VANGUARD INDEX FDSTOTAL STK MKT922908769124,906517,338SHSOLE0 0 0 517,338
VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF92204285815,525313,882SHSOLE0 0 0 313,882
VANGUARD INTL EQUITY INDEX FFTSE SMCAP ETF92204271810,02474,831SHSOLE0 0 0 74,831
VANGUARD SCOTTSDALE FDSSHRT TRM CORP BD92206C409195,9332,411,187SHSOLE0 0 0 2,411,187
VANGUARD SPECIALIZED FUNDSDIV APP ETF9219088447804,544SHSOLE0 0 0 4,544
VANGUARD TAX-MANAGED INTL FDFTSE DEV MKT ETF92194385836,420713,281SHSOLE0 0 0 713,281
VERIZON COMMUNICATIONS INCCOM92343V1043897,477SHSOLE0 0 0 7,477
VISA INCCOM CL A92826C8394752,194SHSOLE0 0 0 2,194
VYANT BIO INCCOM92942V1091611,800SHSOLE0 0 0 11,800
WALMART INCCOM9311421037605,251SHSOLE0 0 0 5,251
WEC ENERGY GROUP INCCOM92939U1063753,860SHSOLE0 0 0 3,860
WELLS FARGO CO NEWCOM9497461011,09822,888SHSOLE0 0 0 22,888
WISDOMTREE TRINTL SMCAP DIV97717W7609,793132,969SHSOLE0 0 0 132,969
WISDOMTREE TRUS LARGECAP DIVD97717W3072323,518SHSOLE0 0 0 3,518
XCEL ENERGY INCCOM98389B1001,05315,554SHSOLE0 0 0 15,554