# Aspen Grove Capital, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1806027. Source: https://holderbook.com/funds/1806027-aspen-grove-capital-llc/

- Reported value: $694.5M
- Positions: 214
- Weight of the ten largest: 49.8%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| LIBERTY MEDIA CORP DEL | [FWONK](https://holderbook.com/stocks/FWONK/) | $64.3M | 675,346 | 9.3% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $59.3M | 79,367 | 8.5% | 15 |
| LIBERTY MEDIA CORP DEL | [FWONA](https://holderbook.com/stocks/FWONA/) | $30.7M | 350,317 | 4.4% | 1 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $30.4M | 40,563 | 4.4% | 15 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $28.6M | 80,154 | 4.1% | 15 |
| AXON ENTERPRISE INC | [AXON](https://holderbook.com/stocks/AXON/) | $27.6M | 49,200 | 4.0% | 5 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $26.6M | 149,398 | 3.8% | 9 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $26.2M | 367,542 | 3.8% | 15 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $26.1M | 70,563 | 3.8% | 15 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $25.9M | 46,008 | 3.7% | 15 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $25.0M | 70,823 | 3.6% | 15 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $19.7M | 68,187 | 2.8% | 15 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $17.0M | 71,910 | 2.5% | 15 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $15.8M | 22,998 | 2.3% | 15 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $15.7M | 65,681 | 2.3% | 15 |
| VALLEY NATL BANCORP | [VLY](https://holderbook.com/stocks/VLY/) | $15.3M | 1,039,625 | 2.2% | 13 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $14.0M | 88,904 | 2.0% | 15 |
| ISHARES INC | [EWW](https://holderbook.com/stocks/EWW/) | $10.3M | 137,120 | 1.5% | 15 |
| LIBERTY BROADBAND CORP | [LBRDK](https://holderbook.com/stocks/LBRDK/) | $9.6M | 288,156 | 1.4% | 2 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $8.2M | 29,020 | 1.2% | 15 |
| ISHARES TR | [INDA](https://holderbook.com/stocks/INDA/) | $7.9M | 159,411 | 1.1% | 12 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $7.7M | 50,310 | 1.1% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $6.3M | 16,868 | 0.9% | 15 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $6.1M | 30,343 | 0.9% | 15 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $5.7M | 15,199 | 0.8% | 15 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $5.5M | 26,479 | 0.8% | 15 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $5.2M | 4,303 | 0.7% | 15 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $5.0M | 34,611 | 0.7% | 15 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $4.3M | 71,576 | 0.6% | 15 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $4.0M | 11,446 | 0.6% | 15 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $3.9M | 45,747 | 0.6% | 13 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $3.8M | 31,222 | 0.5% | 15 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $3.4M | 15,457 | 0.5% | 13 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $3.3M | 15,767 | 0.5% | 15 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $3.2M | 100,375 | 0.5% | 13 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $3.1M | 37,594 | 0.4% | 15 |
| CRESCENT CAP BDC INC | [CCAP](https://holderbook.com/stocks/CCAP/) | $3.0M | 319,072 | 0.4% | 13 |
| SIRIUSXM HOLDINGS INC | [SIRI](https://holderbook.com/stocks/SIRI/) | $2.9M | 98,648 | 0.4% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.8M | 5,615 | 0.4% | 15 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $2.6M | 73,772 | 0.4% | 13 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $2.5M | 68,918 | 0.4% | 13 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $2.5M | 72,626 | 0.4% | 13 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.2M | 6,670 | 0.3% | 15 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.1M | 37,359 | 0.3% | 15 |
| CLEAR SECURE INC | [YOU](https://holderbook.com/stocks/YOU/) | $2.1M | 37,202 | 0.3% | 9 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $2.0M | 4,256 | 0.3% | 15 |
| LIVE NATION ENTERTAINMENT IN | [LYV](https://holderbook.com/stocks/LYV/) | $2.0M | 10,878 | 0.3% | 15 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.8M | 4,395 | 0.3% | 15 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.8M | 14,100 | 0.3% | 13 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $1.7M | 46,574 | 0.2% | 13 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $1.6M | 3,814 | 0.2% | 13 |
| ISHARES TR | [EUFN](https://holderbook.com/stocks/EUFN/) | $1.6M | 41,738 | 0.2% | 15 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.5M | 2,994 | 0.2% | 15 |
| ROCKET LAB CORP | [RKLB](https://holderbook.com/stocks/RKLB/) | $1.5M | 15,069 | 0.2% | 5 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $1.5M | 63,351 | 0.2% | 15 |
| LULULEMON ATHLETICA INC | [LULU](https://holderbook.com/stocks/LULU/) | $1.4M | 12,336 | 0.2% | 15 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $1.4M | 18,925 | 0.2% | 15 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $1.4M | 49,242 | 0.2% | 13 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.3M | 11,175 | 0.2% | 15 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.3M | 1,138 | 0.2% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.3M | 3,014 | 0.2% | 14 |
| ROCKET COS INC | [RKT](https://holderbook.com/stocks/RKT/) | $1.3M | 80,000 | 0.2% | 15 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.3M | 9,193 | 0.2% | 15 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $1.3M | 13,409 | 0.2% | 15 |
| ELEMENTAL RTY CORP | [ELE](https://holderbook.com/stocks/ELE/) | $1.2M | 70,550 | 0.2% | 2 |
| GSK PLC | [GSK](https://holderbook.com/stocks/GSK/) | $1.2M | 23,082 | 0.2% | 15 |
| CEREBRAS SYSTEMS INC | [CBRS](https://holderbook.com/stocks/CBRS/) | $1.2M | 5,322 | 0.2% | 1 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $1.2M | 13,183 | 0.2% | 11 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.2M | 7,346 | 0.2% | 12 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $1.2M | 1,632 | 0.2% | 5 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $1.1M | 4,730 | 0.2% | 4 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $1.1M | 557 | 0.2% | 15 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $1.1M | 2,613 | 0.2% | 15 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.1M | 5,946 | 0.2% | 15 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.0M | 2,888 | 0.2% | 15 |
| VANECK ETF TRUST | [PPH](https://holderbook.com/stocks/PPH/) | $1.0M | 9,452 | 0.1% | 15 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $1.0M | 9,678 | 0.1% | 13 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $914.9K | 1,575 | 0.1% | 5 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $846.6K | 795 | 0.1% | 6 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $822.5K | 3,238 | 0.1% | 15 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $818.3K | 2,695 | 0.1% | 13 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $812.8K | 8,105 | 0.1% | 7 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $798.0K | 5,105 | 0.1% | 15 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $748.9K | 1 | 0.1% | 15 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $744.5K | 14,721 | 0.1% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $740.8K | 2,159 | 0.1% | 15 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $727.1K | 3,808 | 0.1% | 15 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $722.8K | 9,846 | 0.1% | 3 |
| ISHARES TR | [HEFA](https://holderbook.com/stocks/HEFA/) | $705.0K | 15,025 | 0.1% | 10 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $704.9K | 19,175 | 0.1% | 13 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $687.6K | 734 | 0.1% | 15 |
| STRATA CRITICAL MEDICAL INC | [SRTA](https://holderbook.com/stocks/SRTA/) | $658.8K | 125,000 | 0.1% | 15 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $654.7K | 2,170 | 0.1% | 5 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $638.3K | 1,229 | 0.1% | 14 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $635.1K | 7,879 | 0.1% | 13 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $629.2K | 5,357 | 0.1% | 15 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $602.5K | 4,315 | 0.1% | 1 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $599.1K | 2,010 | 0.1% | 10 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $580.4K | 601 | 0.1% | 2 |
| VANGUARD INSTL INDEX FD | [VBIL](https://holderbook.com/stocks/VBIL/) | $576.7K | 7,620 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +11.9% | +14.8% | -3.0% | 100% |
| Q1 2026 | -7.1% | -4.6% | -2.5% | 100% |
| Q4 2025 | +2.8% | +2.4% | +0.4% | 100% |
| Q3 2025 | +5.3% | +7.8% | -2.5% | 100% |
| Q2 2025 | +13.0% | +10.5% | +2.5% | 100% |
| Q1 2025 | -3.6% | -4.6% | +1.0% | 100% |
| Q4 2024 | +3.8% | +2.1% | +1.7% | 100% |
| Q3 2024 | +6.7% | +5.4% | +1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $694.5M | 214 |
| Q1 2026 | $514.1M | 200 |
| Q4 2025 | $576.7M | 204 |
| Q3 2025 | $594.3M | 205 |
| Q2 2025 | $588.3M | 235 |
| Q1 2025 | $520.1M | 232 |
| Q4 2024 | $471.5M | 203 |
| Q3 2024 | $452.5M | 205 |
| Q2 2024 | $424.8M | 206 |
| Q1 2024 | $353.5M | 207 |
| Q4 2023 | $328.3M | 189 |
| Q3 2023 | $269.3M | 173 |