# EDGAR Filing Document

**Accession Number:** 0001965271
**File Stem:** 0001965271-23-000001
**Filing Date:** 2023-2
**Character Count:** 11528
**Document Hash:** f64da8ea8b57e054e29293b9315ff251
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001965271-23-000001.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001965271-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**EFFECTIVENESS DATE**: 20230210

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WATERSHED PRIVATE WEALTH LLC
- **CENTRAL INDEX KEY:** 0001965271
- **IRS NUMBER:** 872152405
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22886
- **FILM NUMBER:** 23609285

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 W. 22ND ST, TOWER FLOOR
- **CITY:** OAK BROOK
- **STATE:** IL
- **ZIP:** 60523
- **BUSINESS PHONE:** 630-645-3848

**MAIL ADDRESS:**
- **STREET 1:** 1415 W. 22ND ST, TOWER FLOOR
- **CITY:** OAK BROOK
- **STATE:** IL
- **ZIP:** 60523

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**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:** WATERSHED PRIVATE WEALTH LLC<br>**Address:** 1415 W. 22nd St Tower Floor<br>Oak Brook, IL 60523

**Form 13F File Number:** 028-22886

**CRD Number (if applicable):** 000316408

**SEC File Number (if applicable):** 801-122309

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:** Brendan G. Moody<br>**Title:** Chief Compliance Officer<br>**Phone:** 708-829-4480

**Signature, Place, and Date of Signing:**

/s/ Brendan G. Moody  Oak Brook, IL  02-10-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

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

[ ] **13F NOTICE.** (Check here if no holdings are reported 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:** 78

**Form 13F Information Table Value Total:** $131769001

      (round to nearest dollar)

**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**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ALCOA CORP | COM | 013872106 |  | 492895 | 10840 | SH |  | SOLE |  | 0 | 0 | 10840 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 826786 | 9318 | SH |  | SOLE |  | 0 | 0 | 9318 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 315863 | 3580 | SH |  | SOLE |  | 0 | 0 | 3580 |
| AMAZON COM INC | COM | 023135106 |  | 1347276 | 16039 | SH |  | SOLE |  | 0 | 0 | 16039 |
| APPLE INC | COM | 037833100 |  | 2824288 | 21737 | SH |  | SOLE |  | 0 | 0 | 21737 |
| BANK MONTREAL QUE | COM | 063671101 |  | 362400 | 4000 | SH |  | SOLE |  | 0 | 0 | 4000 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 468711 | 1 | SH |  | SOLE |  | 0 | 0 | 1 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 1083413 | 3507 | SH |  | SOLE |  | 0 | 0 | 3507 |
| CATERPILLAR INC | COM | 149123101 |  | 1488865 | 6215 | SH |  | SOLE |  | 0 | 0 | 6215 |
| CHEVRON CORP NEW | COM | 166764100 |  | 388027 | 2162 | SH |  | SOLE |  | 0 | 0 | 2162 |
| DIMENSIONAL ETF TRUST | INTERNATNAL VAL | 25434V807 |  | 2866658 | 94298 | SH |  | SOLE |  | 0 | 0 | 94298 |
| DIMENSIONAL ETF TRUST | US TARGETED VLU | 25434V609 |  | 3315917 | 75448 | SH |  | SOLE |  | 0 | 0 | 75448 |
| DIMENSIONAL ETF TRUST | US SMALL CAP ETF | 25434V500 |  | 330071 | 6453 | SH |  | SOLE |  | 0 | 0 | 6453 |
| FIRST TR EXCH TRADED FD III | MANAGD MUN ETF | 33739N108 |  | 222839 | 4447 | SH |  | SOLE |  | 0 | 0 | 4447 |
| GLOBAL X FDS | GLBL X MLP ETF | 37954Y343 |  | 439449 | 10643 | SH |  | SOLE |  | 0 | 0 | 10643 |
| HOME DEPOT INC | COM | 437076102 |  | 392930 | 1244 | SH |  | SOLE |  | 0 | 0 | 1244 |
| INVESTMENT MANAGERS SER TR I | AXS TSLA BEAR DL | 46144X867 |  | 237960 | 3000 | SH |  | SOLE |  | 0 | 0 | 3000 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 3349049 | 71714 | SH |  | SOLE |  | 0 | 0 | 71714 |
| ISHARES INC | MSCI EMRG CHN | 46434G764 |  | 2830189 | 59621 | SH |  | SOLE |  | 0 | 0 | 59621 |
| ISHARES TR | SP SMCP600VL ETF | 464287879 |  | 464951 | 5092 | SH |  | SOLE |  | 0 | 0 | 5092 |
| ISHARES TR | CORE MSCI INTL | 46435G326 |  | 1474569 | 26341 | SH |  | SOLE |  | 0 | 0 | 26341 |
| ISHARES TR | CORE S ETF | 464287200 |  | 18182412 | 47324 | SH |  | SOLE |  | 0 | 0 | 47324 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 5614754 | 23212 | SH |  | SOLE |  | 0 | 0 | 23212 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 3263843 | 34487 | SH |  | SOLE |  | 0 | 0 | 34487 |
| ISHARES TR | CORE S TTL STK | 464287150 |  | 3274067 | 38609 | SH |  | SOLE |  | 0 | 0 | 38609 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 4243171 | 43749 | SH |  | SOLE |  | 0 | 0 | 43749 |
| ISHARES TR | BLACKROCK ULTRA | 46434V878 |  | 201211 | 4021 | SH |  | SOLE |  | 0 | 0 | 4021 |
| ISHARES TR | IBOXX HI YD ETF | 464288513 |  | 1474603 | 20027 | SH |  | SOLE |  | 0 | 0 | 20027 |
| ISHARES TR | IBOXX INV CP ETF | 464287242 |  | 4489666 | 42584 | SH |  | SOLE |  | 0 | 0 | 42584 |
| ISHARES TR | MSCI EAFE ETF | 464287465 |  | 4956725 | 75514 | SH |  | SOLE |  | 0 | 0 | 75514 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 3145024 | 29805 | SH |  | SOLE |  | 0 | 0 | 29805 |
| ISHARES TR | RUS 1000 GRW ETF | 464287614 |  | 769122 | 3590 | SH |  | SOLE |  | 0 | 0 | 3590 |
| ISHARES TR | RUS 1000 VAL ETF | 464287598 |  | 222622 | 1468 | SH |  | SOLE |  | 0 | 0 | 1468 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 2999658 | 51276 | SH |  | SOLE |  | 0 | 0 | 51276 |
| ISHARES TR | S 500 VAL ETF | 464287408 |  | 5714864 | 39394 | SH |  | SOLE |  | 0 | 0 | 39394 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 256143 | 1450 | SH |  | SOLE |  | 0 | 0 | 1450 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 418640 | 3122 | SH |  | SOLE |  | 0 | 0 | 3122 |
| LAM RESEARCH CORP | COM | 512807108 |  | 275717 | 656 | SH |  | SOLE |  | 0 | 0 | 656 |
| MCDONALDS CORP | COM | 580135101 |  | 263794 | 1001 | SH |  | SOLE |  | 0 | 0 | 1001 |
| MICROSOFT CORP | COM | 594918104 |  | 1840163 | 7673 | SH |  | SOLE |  | 0 | 0 | 7673 |
| NETFLIX INC | COM | 64110L106 |  | 306675 | 1040 | SH |  | SOLE |  | 0 | 0 | 1040 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 290677 | 3477 | SH |  | SOLE |  | 0 | 0 | 3477 |
| NUVEEN PFD  INCOME SECS FD | COM | 67072C105 |  | 121530 | 17872 | SH |  | SOLE |  | 0 | 0 | 17872 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1017865 | 6965 | SH |  | SOLE |  | 0 | 0 | 6965 |
| PROSHARES TR | S 500 DV ARIST | 74348A467 |  | 220476 | 2450 | SH |  | SOLE |  | 0 | 0 | 2450 |
| SALESFORCE INC | COM | 79466L302 |  | 439005 | 3311 | SH |  | SOLE |  | 0 | 0 | 3311 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 979394 | 41377 | SH |  | SOLE |  | 0 | 0 | 41377 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 587669 | 8957 | SH |  | SOLE |  | 0 | 0 | 8957 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 318127 | 7046 | SH |  | SOLE |  | 0 | 0 | 7046 |
| SCHWAB STRATEGIC TR | US REIT ETF | 808524847 |  | 1289729 | 66860 | SH |  | SOLE |  | 0 | 0 | 66860 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 929226 | 28849 | SH |  | SOLE |  | 0 | 0 | 28849 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 601794 | 6880 | SH |  | SOLE |  | 0 | 0 | 6880 |
| SHOPIFY INC | CL A | 82509L107 |  | 454701 | 13100 | SH |  | SOLE |  | 0 | 0 | 13100 |
| SPDR INDEX SHS FDS | PORTFOLIO EMG MK | 78463X509 |  | 1188966 | 36073 | SH |  | SOLE |  | 0 | 0 | 36073 |
| SPDR INDEX SHS FDS | S EMKTSC ETF | 78463X756 |  | 265255 | 5420 | SH |  | SOLE |  | 0 | 0 | 5420 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 1986944 | 66923 | SH |  | SOLE |  | 0 | 0 | 66923 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 1930889 | 5049 | SH |  | SOLE |  | 0 | 0 | 5049 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 1191105 | 2690 | SH |  | SOLE |  | 0 | 0 | 2690 |
| SPDR SER TR | PORTFOLIO S | 78464A854 |  | 876390 | 19484 | SH |  | SOLE |  | 0 | 0 | 19484 |
| SPDR SER TR | PORTFOLIO S | 78464A847 |  | 2473136 | 58191 | SH |  | SOLE |  | 0 | 0 | 58191 |
| SSGA ACTIVE ETF TR | BLACKSTONE SENR | 78467V608 |  | 2795346 | 68346 | SH |  | SOLE |  | 0 | 0 | 68346 |
| STARBUCKS CORP | COM | 855244109 |  | 390362 | 3935 | SH |  | SOLE |  | 0 | 0 | 3935 |
| STRYKER CORPORATION | COM | 863667101 |  | 244246 | 999 | SH |  | SOLE |  | 0 | 0 | 999 |
| TESLA INC | COM | 88160R101 |  | 855362 | 6944 | SH |  | SOLE |  | 0 | 0 | 6944 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 491495 | 927 | SH |  | SOLE |  | 0 | 0 | 927 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 1747149 | 24320 | SH |  | SOLE |  | 0 | 0 | 24320 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 1976936 | 26261 | SH |  | SOLE |  | 0 | 0 | 26261 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 858363 | 6115 | SH |  | SOLE |  | 0 | 0 | 6115 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 2163697 | 11317 | SH |  | SOLE |  | 0 | 0 | 11317 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 |  | 2599761 | 14924 | SH |  | SOLE |  | 0 | 0 | 14924 |
| VANGUARD INDEX FDS | MID CAP ETF | 922908629 |  | 2059806 | 10107 | SH |  | SOLE |  | 0 | 0 | 10107 |
| VANGUARD INDEX FDS | REAL ESTATE ETF | 922908553 |  | 1216898 | 14754 | SH |  | SOLE |  | 0 | 0 | 14754 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 383719 | 9844 | SH |  | SOLE |  | 0 | 0 | 9844 |
| VANGUARD MALVERN FDS | STRM INFPROIDX | 922020805 |  | 1152934 | 24683 | SH |  | SOLE |  | 0 | 0 | 24683 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 1437655 | 18548 | SH |  | SOLE |  | 0 | 0 | 18548 |
| VANGUARD SCOTTSDALE FDS | INTER TERM TREAS | 92206C706 |  | 2209962 | 37790 | SH |  | SOLE |  | 0 | 0 | 37790 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 3908918 | 93136 | SH |  | SOLE |  | 0 | 0 | 93136 |
| WISDOMTREE TR | EMG MKTS SMCAP | 97717W281 |  | 677534 | 15402 | SH |  | SOLE |  | 0 | 0 | 15402 |

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