Denver PWM, LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
Holdings
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | SCHG | $26.4M | 736,549 | -0.07pp | 31q | -0.7%-$172.8K | |
| SCHWAB STRATEGIC TR | SCHV | $18.8M | 532,138 | +0.30pp | 10q | +2.0%+$364.6K | |
| SCHWAB STRATEGIC TR | SCHM | $18.8M | 512,689 | +0.07pp | 31q | +0.7%+$127.6K | |
| ISHARES TR | IBTH | $18.4M | 820,926 | +0.06pp | 9q | +6.2%+$1.1M | |
| ISHARES TR | HEFA | $16.5M | 345,322 | +0.29pp | 7q | +3.7%+$592.3K | |
| ISHARES TR | IBTI | $16.2M | 734,257 | +0.23pp | 9q | +10.3%+$1.5M | |
| ISHARES TR | IBTG | $15.8M | 692,276 | -0.08pp | 9q | +3.5%+$537.0K | |
| SCHWAB STRATEGIC TR | SCHF | $14.8M | 520,247 | +0.04pp | 9q | +1.8%+$263.3K | |
| ISHARES TR | IBTJ | $14.8M | 685,352 | -0.19pp | 7q | +1.9%+$276.9K | |
| SSGA ACTIVE ETF TR | TOTL | $13.5M | 348,315 | +0.03pp | 16q | +7.8%+$981.5K | |
| ISHARES TR | IBTK | $13.3M | 684,939 | -0.34pp | 2q | -1.4%-$186.1K | |
| ISHARES TR | SMLF | $9.7M | 106,982 | +0.18pp | 8q | +3.1%+$290.7K | |
| JANUS DETROIT STR TR | JAAA | $9.6M | 188,939 | -0.14pp | 7q | +0.6%+$61.5K | |
| ISHARES TR | IJK | $7.7M | 64,609 | -0.01pp | 25q | -1.0%-$75.1K | |
| VANGUARD INDEX FDS | VOO | $5.4M | 7,543 | -0.66pp | 13q | -27.4%-$2.0M | |
| SCHWAB STRATEGIC TR | SCHX | $5.2M | 168,888 | -0.15pp | 31q | -8.7%-$492.0K | |
| PIMCO ETF TR | BOND | $4.9M | 54,023 | -0.13pp | 9q | -1.1%-$52.4K | |
| J P MORGAN EXCHANGE TRADED F | JAVA | $4.2M | 50,176 | flat | 9q | -4.5%-$197.4K | |
| ISHARES INC | EMXC | $4.0M | 40,805 | -0.13pp | 7q | -3.8%-$156.2K | |
| FIRST TR EXCHNG TRADED FD VI | BUFR | $3.7M | 99,896 | - | new | NEW | |
| APPLE INC | AAPL | $3.6M | 11,696 | -0.61pp | 31q | -33.8%-$1.8M | |
| CATERPILLAR INC | CAT | $3.1M | 3,584 | -0.14pp | 6q | -3.5%-$111.4K | |
| MICROSOFT CORP | MSFT | $2.8M | 5,618 | +0.07pp | 31q | -4.4%-$127.8K | |
| ISHARES TR | IVV | $2.7M | 3,412 | +0.01pp | 31q | +1.2%+$32.8K | |
| ISHARES TR | IPAC | $2.6M | 29,978 | +0.03pp | 11q | +4.6%+$114.2K | |
| INVESCO EXCH TRADED FD TR II | SPMO | $2.6M | 16,733 | +0.05pp | 2q | +4.2%+$104.2K | |
| ISHARES TR | EFA | $2.4M | 22,165 | flat | 31q | +1.1%+$27.3K | |
| JANUS DETROIT STR TR | JBBB | $2.2M | 47,354 | +0.11pp | 7q | +24.6%+$443.3K | |
| ISHARES TR | IUSV | $2.2M | 19,221 | flat | 9q | -1.4%-$32.5K | |
| NVIDIA CORPORATION | NVDA | $2.2M | 9,780 | +0.15pp | 12q | +26.2%+$457.5K | |
| COSTCO WHOLESALE CORPORATION | COST | $2.1M | 2,159 | -0.09pp | 7q | -2.6%-$54.8K | |
| ISHARES TR | IWR | $2.0M | 17,588 | +0.02pp | 26q | HELD | |
| TRUST FOR PROFESSIONAL MANAG | CLSE | $1.6M | 48,283 | +0.05pp | 2q | +12.4%+$180.8K | |
| ISHARES TR | IEFA | $1.6M | 15,693 | -0.02pp | 25q | -2.0%-$33.1K | |
| SCHWAB STRATEGIC TR | SCHA | $1.5M | 43,022 | -0.01pp | 31q | -2.9%-$46.5K | |
| EXXON MOBIL CORP | XOMXXXX | $1.5M | 9,338 | +0.03pp | 17q | HELD | |
| ISHARES TR | IWB | $1.4M | 3,255 | flat | 31q | HELD | |
| LUMENTUM HLDGS INC | LITE | $1.3M | 1,392 | -0.01pp | 2q | HELD | |
| ORACLE CORP | ORCL | $1.3M | 8,435 | -0.15pp | 31q | HELD | |
| NEWSMAX INC | NMAX | $1.2M | 107,741 | +0.15pp | 5q | HELD | |
| AMAZON COM INC | AMZN | $1.1M | 4,096 | -0.02pp | 25q | +3.5%+$36.8K | |
| VERIZON COMMUNICATIONS INC | VZ | $965.0K | 19,906 | -0.01pp | 6q | HELD | |
| ALPHABET INC | GOOGL | $800.2K | 2,313 | -0.01pp | 5q | +17.8%+$120.7K | |
| VANGUARD INDEX FDS | VB | $743.3K | 2,403 | flat | 21q | HELD | |
| JPMORGAN CHASE & CO | JPM | $741.5K | 2,044 | +0.04pp | 20q | +6.5%+$45.3K | |
| VANGUARD TAX-MANAGED FDS | VEA | $725.6K | 9,862 | flat | 15q | HELD | |
| J P MORGAN EXCHANGE TRADED F | HELO | $650.4K | 9,271 | -0.14pp | 9q | -38.4%-$404.8K | |
| BROADCOM INC | AVGO | $633.1K | 1,611 | flat | 5q | +17.5%+$94.3K | |
| SCHWAB STRATEGIC TR | SCHB | $611.9K | 20,364 | -0.03pp | 31q | -12.7%-$89.0K | |
| VANGUARD INDEX FDS | VUG | $610.7K | 6,836 | -0.01pp | 5q | -1.7%-$10.4K | |
| GE AEROSPACE | GE | $589.5K | 1,600 | +0.03pp | 9q | HELD | |
| ISHARES TR | IUSG | $575.0K | 2,960 | flat | 16q | HELD | |
| ISHARES TR | IWM | $527.5K | 1,729 | flat | 31q | HELD | |
| BOEING CO | BA | $524.5K | 2,264 | flat | 9q | +10.7%+$50.7K | |
| TESLA INC | TSLA | $513.7K | 1,501 | -0.05pp | 18q | HELD | |
| ALPHABET INC | GOOG | $505.1K | 1,470 | -0.01pp | 21q | +14.3%+$63.2K | |
| TEXAS INSTRS INC | TXN | $476.7K | 1,705 | -0.01pp | 12q | HELD | |
| INTERNATIONAL BUSINESS MACHS | IBM | $471.9K | 2,014 | +0.01pp | 6q | +11.9%+$50.1K | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $466.9K | 1,095 | +0.01pp | 5q | +10.6%+$44.8K | |
| WALMART INC | WMT | $463.3K | 4,019 | -0.01pp | 9q | +12.9%+$52.8K | |
| BRISTOL-MYERS SQUIBB CO | BMY | $460.3K | 7,211 | +0.03pp | 6q | +12.7%+$51.8K | |
| CVS HEALTH CORP | CVS | $451.8K | 4,650 | flat | 7q | HELD | |
| AMGEN INC | AMGN | $432.5K | 1,042 | +0.02pp | 18q | HELD | |
| VANGUARD INDEX FDS | VTV | $424.2K | 1,864 | +0.01pp | 18q | HELD | |
| INTEL CORP | INTC | $407.7K | 3,978 | -0.04pp | 2q | -3.4%-$14.5K | |
| DISNEY WALT CO | DIS | $405.4K | 3,794 | -0.01pp | 21q | -2.6%-$10.9K | |
| STATE STR SPDR S&P 500 ETF T | SPY | $397.1K | 512 | flat | 2q | -1.5%-$6.2K | |
| MICRON TECHNOLOGY INC | MU | $383.7K | 395 | -0.07pp | 2q | -48.3%-$358.5K | |
| VIAVI SOLUTIONS INC | VIAV | $380.6K | 8,742 | -0.03pp | 2q | HELD | |
| HOME DEPOT INC | HD | $379.9K | 1,121 | flat | 7q | HELD | |
| SCHWAB CHARLES CORP | SCHW | $365.4K | 3,289 | +0.02pp | 24q | -2.3%-$8.8K | |
| WELLS FARGO & CO | WFC | $345.4K | 3,889 | +0.01pp | 5q | HELD | |
| GE VERNOVA INC | GEV | $344.1K | 324 | -0.01pp | 2q | -5.0%-$18.1K | |
| PALO ALTO NETWORKS INC | PANW | $336.6K | 876 | - | new | NEW | |
| ISHARES TR | IVE | $332.7K | 1,397 | flat | 15q | HELD | |
| ISHARES INC | IEMG | $329.7K | 4,060 | -0.01pp | 9q | -1.3%-$4.2K | |
| SPDR SERIES TRUST | MDYG | $319.5K | 2,813 | flat | 31q | HELD | |
| JOHNSON & JOHNSON | JNJ | $311.7K | 1,197 | +0.01pp | 2q | HELD | |
| ADVANCED MICRO DEVICES INC | AMD | $299.9K | 583 | +0.03pp | 2q | +26.7%+$63.3K | |
| META PLATFORMS INC | META | $290.7K | 493 | -0.02pp | 5q | -13.1%-$43.6K | |
| GILEAD SCIENCES INC | GILD | $290.6K | 2,100 | flat | 6q | HELD | |
| CITIGROUP INC | C | $282.7K | 2,029 | +0.01pp | 2q | HELD | |
| VANGUARD BD INDEX FDS | BND | $279.2K | 3,861 | -0.01pp | 5q | HELD | |
| SPDR SERIES TRUST | SPMD | $265.6K | 3,853 | flat | 9q | HELD | |
| ELI LILLY & CO | LLY | $255.2K | 216 | +0.01pp | 2q | HELD | |
| CHEVRON CORPORATION | CVX | $248.2K | 1,241 | flat | 2q | HELD | |
| TJX COS INC NEW | TJX | $209.0K | 1,374 | flat | 2q | HELD | |
| INVESCO EXCH TRD SLF IDX FD | BSJS | $206.2K | 9,450 | - | new | NEW | |
| YORK SPACE SYSTEMS INC | YSS | $163.9K | 15,000 | - | new | NEW |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Semiconductors & Electronics | $7.5M | 2.4% |
| Software & IT Services | $5.6M | 1.8% |
| Other sectors | $20.0M | 6.5% |
| Not classified | $272.6M | 89.2% |
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $305.7M | 89 | 4 | 29 | 26 | 2 | 56.9% | 49 |
| Q1 2026 | $290.9M | 87 | 16 | 14 | 50 | 5 | 56.5% | 43 |
| Q4 2025 | $299.4M | 76 | 0 | 0 | 0 | 2 | 61.4% | 42 |
| Q3 2025 | $320.7M | 78 | 0 | 1 | 0 | 0 | 59.0% | 31 |
| Q2 2025 | $320.7M | 78 | 10 | 41 | 14 | 2 | 59.0% | 45 |
| Q1 2025 | $277.9M | 70 | 5 | 42 | 12 | 166 | 60.0% | 37 |
| Q4 2024 | $258.4M | 231 | 87 | 46 | 64 | 15 | 59.6% | 35 |
| Q3 2024 | $263.3M | 159 | 7 | 47 | 69 | 82 | 62.1% | 64 |
| Q2 2024 | $250.7M | 234 | 179 | 18 | 32 | 40 | 61.1% | 36 |
| Q1 2024 | $258.7M | 95 | 21 | 22 | 32 | 11 | 56.1% | 44 |
| Q4 2023 | $215.8M | 85 | 16 | 33 | 28 | 27 | 62.7% | 44 |
| Q3 2023 | $239.0M | 96 | 5 | 45 | 34 | 6 | 45.7% | 11 |
| Q2 2023 | $241.6M | 97 | 4 | 41 | 26 | 2 | 48.4% | 18 |
| Q1 2023 | $227.3M | 95 | 5 | 39 | 35 | 11 | 48.6% | 39 |
| Q4 2022 | $210.9M | 101 | 20 | 39 | 29 | 9 | 49.7% | 13 |
| Q3 2022 | $179.4M | 90 | 5 | 35 | 28 | 7 | 52.1% | 13 |
| Q2 2022 | $212.4M | 92 | 6 | 33 | 36 | 8 | 51.1% | 13 |
| Q1 2022 | $251.5M | 94 | 4 | 46 | 27 | 7 | 49.1% | 13 |
| Q4 2021 | $261.8M | 97 | 6 | 48 | 27 | 4 | 49.1% | 19 |
| Q3 2021 | $242.0M | 95 | 3 | 51 | 10 | 2 | 50.0% | 13 |
| Q2 2021 | $238.8M | 94 | 31 | 27 | 30 | 11 | 49.2% | 14 |
| Q1 2021 | $171.3M | 74 | 6 | 24 | 32 | 17 | 52.9% | 14 |
| Q4 2020 | $200.9M | 85 | 17 | 32 | 24 | 7 | 50.2% | 20 |
| Q3 2020 | $171.6M | 75 | 8 | 37 | 24 | 10 | 52.8% | 83 |
| Q2 2020 | $163.8M | 77 | 16 | 29 | 20 | 7 | 51.5% | 15 |
| Q1 2020 | $136.2M | 68 | 13 | 25 | 21 | 18 | 53.5% | 16 |
| Q4 2019 | $173.0M | 73 | 4 | 39 | 19 | 154 | 56.9% | 8 |
| Q3 2019 | $166.1M | 223 | 156 | 18 | 17 | 2 | 55.3% | 16 |
| Q2 2019 | $156.9M | 69 | 9 | 40 | 13 | 10 | 58.2% | 58 |
| Q1 2019 | $153.1M | 70 | 9 | 29 | 20 | 6 | 57.4% | 18 |
| Q4 2018 | $139.5M | 67 | 0 | 0 | 0 | 0 | 62.1% | 45 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.