Q4 2025 · 13F-HR
Denver PWM, LLCholdings as filed
Filed 2026-02-11 · accession 0001420506-26-000268
$299.4M
Reported value
76
Positions
2025-12-31
Period end
The Brief · Denver PWM, LLC · Q4 2025
AI · grounded in 13F
Denver PWM, LLC closed its position in ISHARES TR, reducing its holdings by $20.4M. The fund also exited its position in IBHE for $873,963. These two sales represent the only changes to a portfolio consisting of 76 positions with total AUM of $299.4M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 808524300 | SCHG | SCHWAB STRATEGIC TR | $31.5M | 10.5% | 1,079,625 | Common | NONE |
| 808524409 | SCHV | SCHWAB STRATEGIC TR | $18.3M | 6.12% | 661,822 | Common | NONE |
| 808524508 | SCHM | SCHWAB STRATEGIC TR | $18.3M | 6.10% | 651,013 | Common | NONE |
| 808524805 | SCHF | SCHWAB STRATEGIC TR | $17.9M | 5.98% | 810,881 | Common | NONE |
| 46436E858 | IBTG | ISHARES TR | $17.9M | 5.98% | 780,983 | Common | NONE |
| 46436E833 | IBTI | ISHARES TR | $16.8M | 5.60% | 750,016 | Common | NONE |
| 46436E841 | IBTH | ISHARES TR | $16.7M | 5.58% | 743,411 | Common | NONE |
| 78467V848 | TOTL | SSGA ACTIVE ETF TR | $16.0M | 5.33% | 397,961 | Common | NONE |
| 46434V803 | HEFA | ISHARES TR | $15.3M | 5.13% | 404,319 | Common | NONE |
| 46436E825 | IBTJ | ISHARES TR | $15.1M | 5.05% | 690,448 | Common | NONE |
| 47103U845 | JAAA | JANUS DETROIT STR TR | $11.4M | 3.82% | 225,355 | Common | NONE |
| 46434V290 | SMLF | ISHARES TR | $8.9M | 2.98% | 131,450 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $7.9M | 2.65% | 13,966 | Common | NONE |
| 464287606 | IJK | ISHARES TR | $7.4M | 2.48% | 81,628 | Common | NONE |
| 72201R775 | BOND | PIMCO ETF TR | $6.3M | 2.10% | 68,088 | Common | NONE |
| 46641Q167 | JAVA | J P MORGAN EXCHANGE TRADED F | $5.5M | 1.85% | 84,580 | Common | NONE |
| 808524201 | SCHX | SCHWAB STRATEGIC TR | $4.8M | 1.59% | 194,727 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $3.8M | 1.26% | 18,389 | Common | NONE |
| 46434G764 | EMXC | ISHARES INC | $3.4M | 1.15% | 54,637 | Common | NONE |
| 464287663 | IUSV | ISHARES TR | $3.1M | 1.04% | 32,954 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $3.1M | 1.03% | 6,200 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $2.6M | 0.88% | 16,721 | Common | NONE |
| 46434V696 | IPAC | ISHARES TR | $2.6M | 0.87% | 37,754 | Common | NONE |
| 92189F437 | ANGL | VANECK ETF TRUST | $2.5M | 0.82% | 83,880 | Common | NONE |
| 46432F842 | IEFA | ISHARES TR | $2.4M | 0.81% | 29,189 | Common | NONE |
| 464287499 | IWR | ISHARES TR | $2.4M | 0.81% | 26,450 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $2.3M | 0.77% | 10,600 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $2.3M | 0.77% | 3,719 | Common | NONE |
| 46654Q724 | HELO | J P MORGAN EXCHANGE TRADED F | $2.3M | 0.77% | 36,773 | Common | NONE |
| 464287465 | EFA | ISHARES TR | $2.2M | 0.75% | 24,995 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $2.2M | 0.74% | 2,250 | Common | NONE |
| 808524607 | SCHA | SCHWAB STRATEGIC TR | $2.1M | 0.69% | 81,482 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $1.9M | 0.62% | 3,360 | Common | NONE |
| 65250K105 | NMAX | NEWSMAX INC | $1.6M | 0.54% | 107,741 | Common | NONE |
| 149123101 | CAT | CATERPILLAR INC | $1.6M | 0.54% | 4,150 | Common | NONE |
| 464287622 | IWB | ISHARES TR | $1.1M | 0.37% | 3,222 | Common | NONE |
| 464287671 | IUSG | ISHARES TR | $1.0M | 0.35% | 6,934 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $1.0M | 0.34% | 9,431 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $877,341 | 0.29% | 3,999 | Common | NONE |
| 47103U753 | JBBB | JANUS DETROIT STR TR | $868,902 | 0.29% | 18,023 | Common | NONE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $861,333 | 0.29% | 19,906 | Common | NONE |
| 808524102 | SCHB | SCHWAB STRATEGIC TR | $703,527 | 0.23% | 29,523 | Common | NONE |
| 922908751 | VB | VANGUARD INDEX FDS | $624,017 | 0.21% | 2,633 | Common | NONE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $564,228 | 0.19% | 9,897 | Common | NONE |
| 922908736 | VUG | VANGUARD INDEX FDS | $536,914 | 0.18% | 1,225 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $530,604 | 0.18% | 1,800 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $506,505 | 0.17% | 1,747 | Common | NONE |
| 88160R101 | TSLA | TESLA INC | $499,044 | 0.17% | 1,571 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $496,078 | 0.17% | 4,000 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $490,198 | 0.16% | 1,337 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $407,762 | 0.14% | 552 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $390,045 | 0.13% | 1,415 | Common | NONE |
| 097023105 | BA | BOEING CO | $387,212 | 0.13% | 1,848 | Common | NONE |
| 46434G103 | IEMG | ISHARES INC | $365,226 | 0.12% | 6,084 | Common | NONE |
| 464287655 | IWM | ISHARES TR | $358,485 | 0.12% | 1,661 | Common | NONE |
| 464287408 | IVE | ISHARES TR | $357,252 | 0.12% | 1,828 | Common | NONE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $357,242 | 0.12% | 3,915 | Common | NONE |
| 126650100 | CVS | CVS HEALTH CORP | $356,088 | 0.12% | 5,162 | Common | NONE |
| 882508104 | TXN | TEXAS INSTRS INC | $353,207 | 0.12% | 1,701 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $341,185 | 0.11% | 1,936 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $332,835 | 0.11% | 1,293 | Common | NONE |
| 922908744 | VTV | VANGUARD INDEX FDS | $327,807 | 0.11% | 1,855 | Common | NONE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $319,401 | 0.11% | 6,900 | Common | NONE |
| 05464C101 | AXON | AXON ENTERPRISE INC | $298,059 | 0.10% | 360 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $296,495 | 0.10% | 1,861 | Common | NONE |
| 031162100 | AMGN | AMGEN INC | $287,101 | 0.10% | 1,028 | Common | NONE |
| 931142103 | WMT | WALMART INC | $285,194 | 0.10% | 2,917 | Common | NONE |
| 921937835 | BND | VANGUARD BD INDEX FDS | $284,286 | 0.09% | 3,861 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $280,100 | 0.09% | 3,496 | Common | NONE |
| 78464A821 | MDYG | SPDR SERIES TRUST | $255,574 | 0.09% | 2,942 | Common | NONE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $245,742 | 0.08% | 1,085 | Common | NONE |
| 31428X106 | FDX | FEDEX CORP | $238,221 | 0.08% | 1,048 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $237,904 | 0.08% | 1,341 | Common | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $221,740 | 0.07% | 2,000 | Common | NONE |
| 78464A847 | SPMD | SPDR SERIES TRUST | $214,965 | 0.07% | 3,953 | Common | NONE |
| 464287507 | IJH | ISHARES TR | $210,757 | 0.07% | 3,398 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.