Denver PWM

DENVER, COfiles as Denver PWM, LLC

$306m in 89 US stocks at the end of 30 June 2026. The top 10 are 56.9% of the money. It changed about 3.6% of the portfolio this quarter.

Value

$306m

Stocks

Top 10 share

56.9%

Turnover

3.6%

What changed this quarter

New

Bought for the first time this quarter.

First TR Exchng Traded FD VIBUFR
1.2% of the fund
Palo Alto NetworksPANW
0.1% of the fund
Invesco Exch TRD SLF IDX FDBSJS
<0.1% of the fund
York Space SystemsYSS
<0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRIBTH
6.0% of the fund
+6%
Ishares TRHEFA
5.4% of the fund
+4%
Ishares TRIBTI
5.3% of the fund
+10%
Ishares TRIBTG
5.2% of the fund
+4%
Ssga Active ETF TRTOTL
4.4% of the fund
+8%
Ishares TRSMLF
3.2% of the fund
+3%
Ishares TRIPAC
0.8% of the fund
+5%
Invesco Exch Traded FD TR IISPMO
0.8% of the fund
+4%
Janus Detroit STR TRJBBB
0.7% of the fund
+25%
NvidiaNVDA
0.7% of the fund
+26%
Trust FOR Professional ManagCLSE
0.5% of the fund
+12%
Amazon.comAMZN
0.4% of the fund
+4%
AlphabetGOOGL
0.3% of the fund
+18%
JPMorgan ChaseJPM
0.2% of the fund
+7%
BroadcomAVGO
0.2% of the fund
+18%
BoeingBA
0.2% of the fund
+11%
AlphabetGOOG
0.2% of the fund
+14%
International Business MachinesIBM
0.2% of the fund
+12%
Taiwan Semiconductor ManufacturingTSM
0.2% of the fund
+11%
WalmartWMT
0.2% of the fund
+13%
Bristol-Myers SquibbBMY
0.2% of the fund
+13%
Advanced Micro DevicesAMD
<0.1% of the fund
+27%

Cut

Sold some of their stake.

Vanguard Index FDSVOO
1.8% of the fund
-27%
Schwab Strategic TRSCHX
1.7% of the fund
-9%
J P Morgan Exchange Traded FJAVA
1.4% of the fund
-4%
IsharesEMXC
1.3% of the fund
-4%
AppleAAPL
1.2% of the fund
-34%
CaterpillarCAT
1.0% of the fund
-4%
MicrosoftMSFT
0.9% of the fund
-4%
Costco WholesaleCOST
0.7% of the fund
-3%
Ishares TRIEFA
0.5% of the fund
-2%
Schwab Strategic TRSCHA
0.5% of the fund
-3%
J P Morgan Exchange Traded FHELO
0.2% of the fund
-38%
Schwab Strategic TRSCHB
0.2% of the fund
-13%
IntelINTC
0.1% of the fund
-3%
Walt DisneyDIS
0.1% of the fund
-3%
Micron TechnologyMU
0.1% of the fund
-48%
Charles SchwabSCHW
0.1% of the fund
-2%
GE VernovaGEV
0.1% of the fund
-5%
Meta PlatformsMETA
<0.1% of the fund
-13%

Sold out

Sold their entire stake.

Procter & GamblePG
-100%
Rocket LabRKLB
-100%

Holdings

Schwab Strategic TRSCHG
Share
8.6%
Value
$26m
Shares
736,549
Held
Schwab Strategic TRSCHV
Share
6.2%
Value
$19m
Shares
532,138
Held
Schwab Strategic TRSCHM
Share
6.2%
Value
$19m
Shares
512,689
Held
Ishares TRIBTH
Share
6.0%
Value
$18m
Shares
820,926
+6%
Ishares TRHEFA
Share
5.4%
Value
$17m
Shares
345,322
+4%
Ishares TRIBTI
Share
5.3%
Value
$16m
Shares
734,257
+10%
Ishares TRIBTG
Share
5.2%
Value
$16m
Shares
692,276
+4%
Schwab Strategic TRSCHF
Share
4.8%
Value
$15m
Shares
520,247
Held
Ishares TRIBTJ
Share
4.8%
Value
$15m
Shares
685,352
Held
Ssga Active ETF TRTOTL
Share
4.4%
Value
$14m
Shares
348,315
+8%
Ishares TRIBTK
Share
4.4%
Value
$13m
Shares
684,939
Held
Ishares TRSMLF
Share
3.2%
Value
$10m
Shares
106,982
+3%
Janus Detroit STR TRJAAA
Share
3.1%
Value
$10m
Shares
188,939
Held
Ishares TRIJK
Share
2.5%
Value
$8m
Shares
64,609
Held
Vanguard Index FDSVOO
Share
1.8%
Value
$5m
Shares
7,543
-27%
Schwab Strategic TRSCHX
Share
1.7%
Value
$5m
Shares
168,888
-9%
Pimco ETF TRBOND
Share
1.6%
Value
$5m
Shares
54,023
Held
J P Morgan Exchange Traded FJAVA
Share
1.4%
Value
$4m
Shares
50,176
-4%
IsharesEMXC
Share
1.3%
Value
$4m
Shares
40,805
-4%
First TR Exchng Traded FD VIBUFR
Share
1.2%
Value
$4m
Shares
99,896
New
AppleAAPL
Share
1.2%
Value
$4m
Shares
11,696
-34%
CaterpillarCAT
Share
1.0%
Value
$3m
Shares
3,584
-4%
MicrosoftMSFT
Share
0.9%
Value
$3m
Shares
5,618
-4%
Ishares TRIVV
Share
0.9%
Value
$3m
Shares
3,412
Held
Ishares TRIPAC
Share
0.8%
Value
$3m
Shares
29,978
+5%
Invesco Exch Traded FD TR IISPMO
Share
0.8%
Value
$3m
Shares
16,733
+4%
Ishares TREFA
Share
0.8%
Value
$2m
Shares
22,165
Held
Janus Detroit STR TRJBBB
Share
0.7%
Value
$2m
Shares
47,354
+25%
Ishares TRIUSV
Share
0.7%
Value
$2m
Shares
19,221
Held
NvidiaNVDA
Share
0.7%
Value
$2m
Shares
9,780
+26%
Costco WholesaleCOST
Share
0.7%
Value
$2m
Shares
2,159
-3%
Ishares TRIWR
Share
0.7%
Value
$2m
Shares
17,588
Held
Trust FOR Professional ManagCLSE
Share
0.5%
Value
$2m
Shares
48,283
+12%
Ishares TRIEFA
Share
0.5%
Value
$2m
Shares
15,693
-2%
Schwab Strategic TRSCHA
Share
0.5%
Value
$2m
Shares
43,022
-3%
ExxonMobil HoldingsXOM
Share
0.5%
Value
$1m
Shares
9,338
Held
Ishares TRIWB
Share
0.5%
Value
$1m
Shares
3,255
Held
Lumentum HoldingsLITE
Share
0.4%
Value
$1m
Shares
1,392
Held
OracleORCL
Share
0.4%
Value
$1m
Shares
8,435
Held
NewsmaxNMAX
Share
0.4%
Value
$1m
Shares
107,741
Held
Amazon.comAMZN
Share
0.4%
Value
$1m
Shares
4,096
+4%
Verizon CommunicationsVZ
Share
0.3%
Value
$965,043
Shares
19,906
Held
AlphabetGOOGL
Share
0.3%
Value
$800,192
Shares
2,313
+18%
Vanguard Index FDSVB
Share
0.2%
Value
$743,274
Shares
2,403
Held
JPMorgan ChaseJPM
Share
0.2%
Value
$741,503
Shares
2,044
+7%
Vanguard Tax-Managed FDSVEA
Share
0.2%
Value
$725,646
Shares
9,862
Held
J P Morgan Exchange Traded FHELO
Share
0.2%
Value
$650,377
Shares
9,271
-38%
BroadcomAVGO
Share
0.2%
Value
$633,107
Shares
1,611
+18%
Schwab Strategic TRSCHB
Share
0.2%
Value
$611,941
Shares
20,364
-13%
Vanguard Index FDSVUG
Share
0.2%
Value
$610,748
Shares
6,836
Held
General ElectricGE
Share
0.2%
Value
$589,493
Shares
1,600
Held
Ishares TRIUSG
Share
0.2%
Value
$575,011
Shares
2,960
Held
Ishares TRIWM
Share
0.2%
Value
$527,497
Shares
1,729
Held
BoeingBA
Share
0.2%
Value
$524,501
Shares
2,264
+11%
TeslaTSLA
Share
0.2%
Value
$513,748
Shares
1,501
Held
AlphabetGOOG
Share
0.2%
Value
$505,094
Shares
1,470
+14%
Texas InstrumentsTXN
Share
0.2%
Value
$476,656
Shares
1,705
Held
International Business MachinesIBM
Share
0.2%
Value
$471,921
Shares
2,014
+12%
Taiwan Semiconductor ManufacturingTSM
Share
0.2%
Value
$466,854
Shares
1,095
+11%
WalmartWMT
Share
0.2%
Value
$463,266
Shares
4,019
+13%
Bristol-Myers SquibbBMY
Share
0.2%
Value
$460,279
Shares
7,211
+13%
CVS HealthCVS
Share
0.1%
Value
$451,794
Shares
4,650
Held
AmgenAMGN
Share
0.1%
Value
$432,488
Shares
1,042
Held
Vanguard Index FDSVTV
Share
0.1%
Value
$424,154
Shares
1,864
Held
IntelINTC
Share
0.1%
Value
$407,745
Shares
3,978
-3%
Walt DisneyDIS
Share
0.1%
Value
$405,373
Shares
3,794
-3%
State STR Spdr S&P 500 ETF TSPY
Share
0.1%
Value
$397,120
Shares
512
Held
Micron TechnologyMU
Share
0.1%
Value
$383,740
Shares
395
-48%
Viavi SolutionsVIAV
Share
0.1%
Value
$380,627
Shares
8,742
Held
Home DepotHD
Share
0.1%
Value
$379,863
Shares
1,121
Held
Charles SchwabSCHW
Share
0.1%
Value
$365,356
Shares
3,289
-2%
Wells Fargo & CompanyWFC
Share
0.1%
Value
$345,421
Shares
3,889
Held
GE VernovaGEV
Share
0.1%
Value
$344,060
Shares
324
-5%
Palo Alto NetworksPANW
Share
0.1%
Value
$336,621
Shares
876
New
Ishares TRIVE
Share
0.1%
Value
$332,672
Shares
1,397
Held
IsharesIEMG
Share
0.1%
Value
$329,668
Shares
4,060
Held
Spdr Series TrustMDYG
Share
0.1%
Value
$319,518
Shares
2,813
Held
Johnson & JohnsonJNJ
Share
0.1%
Value
$311,670
Shares
1,197
Held
Advanced Micro DevicesAMD
Share
<0.1%
Value
$299,890
Shares
583
+27%
Meta PlatformsMETA
Share
<0.1%
Value
$290,651
Shares
493
-13%
Gilead SciencesGILD
Share
<0.1%
Value
$290,556
Shares
2,100
Held
CitigroupC
Share
<0.1%
Value
$282,745
Shares
2,029
Held
Vanguard BD Index FDSBND
Share
<0.1%
Value
$279,189
Shares
3,861
Held
Spdr Series TrustSPMD
Share
<0.1%
Value
$265,588
Shares
3,853
Held
Eli LillyLLY
Share
<0.1%
Value
$255,241
Shares
216
Held
ChevronCVX
Share
<0.1%
Value
$248,200
Shares
1,241
Held
TJX CompaniesTJX
Share
<0.1%
Value
$209,000
Shares
1,374
Held
Invesco Exch TRD SLF IDX FDBSJS
Share
<0.1%
Value
$206,244
Shares
9,450
New
York Space SystemsYSS
Share
<0.1%
Value
$163,950
Shares
15,000
New

Company	Share of fund	Value	Shares	Change
Schwab Strategic TRSCHG	8.6%	$26m	736,549	Held
Schwab Strategic TRSCHV	6.2%	$19m	532,138	Held
Schwab Strategic TRSCHM	6.2%	$19m	512,689	Held
Ishares TRIBTH	6.0%	$18m	820,926	+6%
Ishares TRHEFA	5.4%	$17m	345,322	+4%
Ishares TRIBTI	5.3%	$16m	734,257	+10%
Ishares TRIBTG	5.2%	$16m	692,276	+4%
Schwab Strategic TRSCHF	4.8%	$15m	520,247	Held
Ishares TRIBTJ	4.8%	$15m	685,352	Held
Ssga Active ETF TRTOTL	4.4%	$14m	348,315	+8%
Ishares TRIBTK	4.4%	$13m	684,939	Held
Ishares TRSMLF	3.2%	$10m	106,982	+3%
Janus Detroit STR TRJAAA	3.1%	$10m	188,939	Held
Ishares TRIJK	2.5%	$8m	64,609	Held
Vanguard Index FDSVOO	1.8%	$5m	7,543	-27%
Schwab Strategic TRSCHX	1.7%	$5m	168,888	-9%
Pimco ETF TRBOND	1.6%	$5m	54,023	Held
J P Morgan Exchange Traded FJAVA	1.4%	$4m	50,176	-4%
IsharesEMXC	1.3%	$4m	40,805	-4%
First TR Exchng Traded FD VIBUFR	1.2%	$4m	99,896	New
AppleAAPL	1.2%	$4m	11,696	-34%
CaterpillarCAT	1.0%	$3m	3,584	-4%
MicrosoftMSFT	0.9%	$3m	5,618	-4%
Ishares TRIVV	0.9%	$3m	3,412	Held
Ishares TRIPAC	0.8%	$3m	29,978	+5%
Invesco Exch Traded FD TR IISPMO	0.8%	$3m	16,733	+4%
Ishares TREFA	0.8%	$2m	22,165	Held
Janus Detroit STR TRJBBB	0.7%	$2m	47,354	+25%
Ishares TRIUSV	0.7%	$2m	19,221	Held
NvidiaNVDA	0.7%	$2m	9,780	+26%
Costco WholesaleCOST	0.7%	$2m	2,159	-3%
Ishares TRIWR	0.7%	$2m	17,588	Held
Trust FOR Professional ManagCLSE	0.5%	$2m	48,283	+12%
Ishares TRIEFA	0.5%	$2m	15,693	-2%
Schwab Strategic TRSCHA	0.5%	$2m	43,022	-3%
ExxonMobil HoldingsXOM	0.5%	$1m	9,338	Held
Ishares TRIWB	0.5%	$1m	3,255	Held
Lumentum HoldingsLITE	0.4%	$1m	1,392	Held
OracleORCL	0.4%	$1m	8,435	Held
NewsmaxNMAX	0.4%	$1m	107,741	Held
Amazon.comAMZN	0.4%	$1m	4,096	+4%
Verizon CommunicationsVZ	0.3%	$965,043	19,906	Held
AlphabetGOOGL	0.3%	$800,192	2,313	+18%
Vanguard Index FDSVB	0.2%	$743,274	2,403	Held
JPMorgan ChaseJPM	0.2%	$741,503	2,044	+7%
Vanguard Tax-Managed FDSVEA	0.2%	$725,646	9,862	Held
J P Morgan Exchange Traded FHELO	0.2%	$650,377	9,271	-38%
BroadcomAVGO	0.2%	$633,107	1,611	+18%
Schwab Strategic TRSCHB	0.2%	$611,941	20,364	-13%
Vanguard Index FDSVUG	0.2%	$610,748	6,836	Held
General ElectricGE	0.2%	$589,493	1,600	Held
Ishares TRIUSG	0.2%	$575,011	2,960	Held
Ishares TRIWM	0.2%	$527,497	1,729	Held
BoeingBA	0.2%	$524,501	2,264	+11%
TeslaTSLA	0.2%	$513,748	1,501	Held
AlphabetGOOG	0.2%	$505,094	1,470	+14%
Texas InstrumentsTXN	0.2%	$476,656	1,705	Held
International Business MachinesIBM	0.2%	$471,921	2,014	+12%
Taiwan Semiconductor ManufacturingTSM	0.2%	$466,854	1,095	+11%
WalmartWMT	0.2%	$463,266	4,019	+13%
Bristol-Myers SquibbBMY	0.2%	$460,279	7,211	+13%
CVS HealthCVS	0.1%	$451,794	4,650	Held
AmgenAMGN	0.1%	$432,488	1,042	Held
Vanguard Index FDSVTV	0.1%	$424,154	1,864	Held
IntelINTC	0.1%	$407,745	3,978	-3%
Walt DisneyDIS	0.1%	$405,373	3,794	-3%
State STR Spdr S&P 500 ETF TSPY	0.1%	$397,120	512	Held
Micron TechnologyMU	0.1%	$383,740	395	-48%
Viavi SolutionsVIAV	0.1%	$380,627	8,742	Held
Home DepotHD	0.1%	$379,863	1,121	Held
Charles SchwabSCHW	0.1%	$365,356	3,289	-2%
Wells Fargo & CompanyWFC	0.1%	$345,421	3,889	Held
GE VernovaGEV	0.1%	$344,060	324	-5%
Palo Alto NetworksPANW	0.1%	$336,621	876	New
Ishares TRIVE	0.1%	$332,672	1,397	Held
IsharesIEMG	0.1%	$329,668	4,060	Held
Spdr Series TrustMDYG	0.1%	$319,518	2,813	Held
Johnson & JohnsonJNJ	0.1%	$311,670	1,197	Held
Advanced Micro DevicesAMD	<0.1%	$299,890	583	+27%
Meta PlatformsMETA	<0.1%	$290,651	493	-13%
Gilead SciencesGILD	<0.1%	$290,556	2,100	Held
CitigroupC	<0.1%	$282,745	2,029	Held
Vanguard BD Index FDSBND	<0.1%	$279,189	3,861	Held
Spdr Series TrustSPMD	<0.1%	$265,588	3,853	Held
Eli LillyLLY	<0.1%	$255,241	216	Held
ChevronCVX	<0.1%	$248,200	1,241	Held
TJX CompaniesTJX	<0.1%	$209,000	1,374	Held
Invesco Exch TRD SLF IDX FDBSJS	<0.1%	$206,244	9,450	New
York Space SystemsYSS	<0.1%	$163,950	15,000	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is down 4.7% since 30 June 2025.

Where the money is

Technology4.9%

Industrials1.5%

Media & telecom1.4%

Everyday goods0.8%

Health care0.7%

Retail & consumer0.7%

Energy0.6%

Financial services0.6%

Other88.8%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.