# DENVER WEALTH MANAGEMENT, INC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1909800. Source: https://holderbook.com/funds/1909800-denver-wealth-management-inc/

- Reported value: $349.3M
- Positions: 109
- Weight of the ten largest: 69.7%
- Filed: 2026-08-07

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 |
|---|---|---|---|---|---|
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $73.0M | 830,210 | 20.9% | 19 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $65.9M | 217,587 | 18.9% | 19 |
| INVESCO EXCH TRADED FD TR II | [RWL](https://holderbook.com/stocks/RWL/) | $22.4M | 175,559 | 6.4% | 17 |
| LAZARD ACTIVE ETF TR | [IDEQ](https://holderbook.com/stocks/IDEQ/) | $19.7M | 562,823 | 5.7% | 2 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $14.1M | 113,385 | 4.0% | 19 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $13.6M | 167,798 | 3.9% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $8.9M | 30,703 | 2.5% | 19 |
| PUTNAM ETF TRUST | [PVAL](https://holderbook.com/stocks/PVAL/) | $8.7M | 171,680 | 2.5% | 1 |
| INVESCO EXCHANGE TRADED FD T | [XMHQ](https://holderbook.com/stocks/XMHQ/) | $8.5M | 75,628 | 2.4% | 8 |
| INVESCO EXCHANGE TRADED FD T | [RSPU](https://holderbook.com/stocks/RSPU/) | $8.5M | 105,068 | 2.4% | 15 |
| GLOBAL X FDS | [CLIP](https://holderbook.com/stocks/CLIP/) | $7.4M | 73,573 | 2.1% | 4 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $7.3M | 61,214 | 2.1% | 15 |
| ISHARES TR | [IMCG](https://holderbook.com/stocks/IMCG/) | $7.2M | 72,745 | 2.0% | 6 |
| PIMCO ETF TR | [PYLD](https://holderbook.com/stocks/PYLD/) | $5.1M | 191,761 | 1.5% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.1M | 5,477 | 1.2% | 19 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.7M | 5,035 | 1.1% | 19 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $3.0M | 19,426 | 0.8% | 19 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $2.7M | 11,118 | 0.8% | 2 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $2.5M | 3,871 | 0.7% | 3 |
| INVESCO EXCHANGE TRADED FD T | [SPHQ](https://holderbook.com/stocks/SPHQ/) | $2.4M | 26,203 | 0.7% | 8 |
| SPDR SERIES TRUST | [SLYG](https://holderbook.com/stocks/SLYG/) | $2.3M | 19,331 | 0.7% | 17 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.3M | 3,338 | 0.7% | 2 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $2.2M | 43,718 | 0.6% | 8 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.1M | 10,549 | 0.6% | 9 |
| ISHARES TR | [AOM](https://holderbook.com/stocks/AOM/) | $2.1M | 41,217 | 0.6% | 4 |
| PGIM ETF TR | [PAAA](https://holderbook.com/stocks/PAAA/) | $2.0M | 39,413 | 0.6% | 5 |
| WISDOMTREE TR | [USFR](https://holderbook.com/stocks/USFR/) | $1.9M | 38,312 | 0.6% | 9 |
| WISDOMTREE TR | [DGRW](https://holderbook.com/stocks/DGRW/) | $1.8M | 18,677 | 0.5% | 14 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.7M | 2,322 | 0.5% | 6 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.6M | 3,890 | 0.5% | 8 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $1.3M | 21,428 | 0.4% | 10 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $1.3M | 10,162 | 0.4% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.2M | 2,454 | 0.4% | 19 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $1.2M | 25,713 | 0.3% | 19 |
| FIRST TR EXCHANGE-TRADED FD | [FVD](https://holderbook.com/stocks/FVD/) | $1.1M | 22,600 | 0.3% | 19 |
| WISDOMTREE TR | [IHDG](https://holderbook.com/stocks/IHDG/) | $1.0M | 19,913 | 0.3% | 15 |
| RBB FD INC | [TBIL](https://holderbook.com/stocks/TBIL/) | $1.0M | 20,194 | 0.3% | 14 |
| ABRDN SILVER ETF TRUST | [SIVR](https://holderbook.com/stocks/SIVR/) | $1.0M | 17,884 | 0.3% | 10 |
| WISDOMTREE TR | [DON](https://holderbook.com/stocks/DON/) | $979.5K | 17,331 | 0.3% | 15 |
| COLUMBIA ETF TR I | [RECS](https://holderbook.com/stocks/RECS/) | $963.6K | 22,263 | 0.3% | 6 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $957.1K | 14,167 | 0.3% | 12 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $928.9K | 10,783 | 0.3% | 19 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $848.7K | 14,716 | 0.2% | 13 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $844.1K | 13,624 | 0.2% | 19 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $774.6K | 3,250 | 0.2% | 19 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $725.1K | 1,388 | 0.2% | 19 |
| SPDR SERIES TRUST | [MDYG](https://holderbook.com/stocks/MDYG/) | $718.7K | 6,412 | 0.2% | 16 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $668.8K | 8,421 | 0.2% | 10 |
| EATON VANCE TAX ADVT DIV INC | [EVT](https://holderbook.com/stocks/EVT/) | $663.9K | 23,984 | 0.2% | 19 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $648.8K | 1,840 | 0.2% | 19 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $622.7K | 3,791 | 0.2% | 19 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $620.3K | 1,895 | 0.2% | 15 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $608.3K | 11,346 | 0.2% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $606.3K | 1,625 | 0.2% | 19 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $570.8K | 3,341 | 0.2% | 1 |
| GRANITESHARES GOLD TR | [BAR](https://holderbook.com/stocks/BAR/) | $562.9K | 14,241 | 0.2% | 9 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $559.2K | 4,090 | 0.2% | 19 |
| SPDR SERIES TRUST | [SLYV](https://holderbook.com/stocks/SLYV/) | $555.9K | 5,095 | 0.2% | 19 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $537.6K | 7,545 | 0.2% | 2 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $525.7K | 905 | 0.2% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $513.1K | 1,436 | 0.1% | 4 |
| RBB FD INC | [XBIL](https://holderbook.com/stocks/XBIL/) | $513.0K | 10,259 | 0.1% | 12 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $506.8K | 6,133 | 0.1% | 19 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $505.5K | 9,001 | 0.1% | 19 |
| SPDR SERIES TRUST | [EFIV](https://holderbook.com/stocks/EFIV/) | $503.7K | 6,907 | 0.1% | 15 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $496.0K | 3,552 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $472.8K | 1,560 | 0.1% | 2 |
| FERMI INC | [FRMI](https://holderbook.com/stocks/FRMI/) | $470.3K | 51,340 | 0.1% | 1 |
| EATON VANCE TX ADV GLBL DIV | [ETG](https://holderbook.com/stocks/ETG/) | $467.4K | 19,856 | 0.1% | 19 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $444.6K | 2,998 | 0.1% | 11 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $403.4K | 1,068 | 0.1% | 2 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $384.3K | 1,624 | 0.1% | 19 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $381.5K | 2,257 | 0.1% | 15 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $378.4K | 355 | 0.1% | 3 |
| VANGUARD BD INDEX FDS | [VUSB](https://holderbook.com/stocks/VUSB/) | $376.6K | 7,566 | 0.1% | 2 |
| SPDR SERIES TRUST | [XAR](https://holderbook.com/stocks/XAR/) | $365.6K | 1,288 | 0.1% | 5 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $355.1K | 14,745 | 0.1% | 19 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $346.1K | 4,488 | 0.1% | 14 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $344.5K | 2,171 | 0.1% | 14 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $333.0K | 2,786 | 0.1% | 2 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $316.6K | 338 | 0.1% | 19 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $315.8K | 1,283 | 0.1% | 2 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $314.2K | 5,876 | 0.1% | 10 |
| SPDR SERIES TRUST | [SJNK](https://holderbook.com/stocks/SJNK/) | $297.0K | 11,864 | 0.1% | 15 |
| FIDELITY COVINGTON TRUST | [FENI](https://holderbook.com/stocks/FENI/) | $293.8K | 7,321 | 0.1% | 4 |
| INVESCO EXCH TRD SLF IDX FD | [BSCQ](https://holderbook.com/stocks/BSCQ/) | $292.3K | 14,969 | 0.1% | 17 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $287.2K | 3,565 | 0.1% | 7 |
| ISHARES U S ETF TR | [NEAR](https://holderbook.com/stocks/NEAR/) | $286.8K | 5,661 | 0.1% | 3 |
| MORGAN STANLEY ETF TRUST | [EVSM](https://holderbook.com/stocks/EVSM/) | $278.5K | 5,535 | 0.1% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $273.6K | 1,650 | 0.1% | 19 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $270.8K | 2,305 | 0.1% | 1 |
| AMERICAN HEALTHCARE REIT INC | [AHR](https://holderbook.com/stocks/AHR/) | $268.8K | 5,153 | 0.1% | 5 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $266.1K | 518 | 0.1% | 19 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $252.6K | 2,230 | 0.1% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $243.1K | 657 | 0.1% | 1 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $239.7K | 1,865 | 0.1% | 2 |
| ISHARES TR | [AAXJ](https://holderbook.com/stocks/AAXJ/) | $237.8K | 1,993 | 0.1% | 2 |
| NUSHARES ETF TR | [NULV](https://holderbook.com/stocks/NULV/) | $237.0K | 4,741 | 0.1% | 5 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $236.6K | 1,720 | 0.1% | 1 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $229.8K | 1,470 | 0.1% | 16 |

## 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 | +14.7% | +14.8% | -0.1% | 100% |
| Q1 2026 | -3.0% | -4.6% | +1.7% | 100% |
| Q4 2025 | +1.9% | +2.4% | -0.4% | 100% |
| Q3 2025 | +7.2% | +7.8% | -0.6% | 100% |
| Q2 2025 | +8.1% | +10.5% | -2.4% | 100% |
| Q1 2025 | -3.6% | -4.6% | +0.9% | 100% |
| Q4 2024 | +1.0% | +2.1% | -1.1% | 100% |
| Q3 2024 | +5.1% | +5.4% | -0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $349.3M | 109 |
| Q1 2026 | $290.7M | 100 |
| Q4 2025 | $282.2M | 92 |
| Q3 2025 | $271.4M | 91 |
| Q2 2025 | $241.7M | 87 |
| Q1 2025 | $219.3M | 87 |
| Q4 2024 | $222.1M | 82 |
| Q3 2024 | $216.0M | 87 |
| Q2 2024 | $199.6M | 83 |
| Q1 2024 | $195.9M | 80 |
| Q4 2023 | $176.7M | 75 |
| Q3 2023 | $154.6M | 71 |