Denver Wealth Management, INC. Holdings Report (13F Filings)

CIK: 0001909800

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$290.7M

Reporting period: 2026-03-31 · Number of holdings: 100

DENVER WEALTH MANAGEMENT, INC. disclosed 100 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $290.7M and a quarterly turnover rate of 20.0%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "D"

Personality snowflake

Concentration: 35.5
Portfolio Stability: 19.96
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 100
Sizing Uniformity: 71.8

Denver Wealth Management, INC.'s disclosed holdings carry a Herfindahl concentration index of 0.089 — mathematically equivalent to about 11 equally-sized positions, well below its 100 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 2.82), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Sector classification currently covers about 7% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.

Recent moves

Trim JAAA
-81.3%　-$9.8M
Trim SPYM
+1.4%　-$2.0M
Trim QQQM
+2.3%　-$2.1M
Trim IWF
+3.5%　-$1.1M
Trim TBIL
-45.1%　-$983.2K
Trim AAPL
-1.7%　-$698.8K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SPYM	Ste Str Spdr Pt S&p 500 ETF	ETF-Large Cap & Growth	20.34%	-1.31%	+1.45%
2	QQQM	Invesco Nasdaq 100 ETF	ETF-Tech	17.75%	-1.28%	+2.26%
3	RWL	Invesco S&p 500 Revenue ETF	ETF-Large Cap & Growth	6.65%	+0.17%	+5.44%
4	IWF	Ishares Russell 1000 Growth	ETF-Other	5.22%	-0.54%	+3.51%
5	IDEQ	Lazard Intl Dynamic Eqy ETF	ETF-Other	4.71%	+4.71%	NEW
6	RDVY	First Trust Rising Dividend	ETF-Other	3.74%	+0.05%	+6.32%
7	SPYV	Ss Spdr P S&p 500 Value ETF	ETF-Large Cap & Growth	2.70%	-0.23%	-4.56%
8	AAPL	Apple INC	Stock-Tech	2.68%	-0.33%	-1.70%
9	RSPU	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	2.61%	+0.09%	-1.66%
10	XMHQ	Invesco S&p Midcap Qual ETF	ETF-Other	2.50%	+0.07%	+4.89%
11	SPYG	Ss Spdr P S&p 500 Growth ETF	ETF-Large Cap & Growth	2.19%	-0.30%	-1.38%
12	CLIP	Global X 1-3 Month T-bill	ETF-Other	1.73%	+0.28%	+22.96%
13	IMCG	Ishares Morningstar Mid-cap	ETF-Other	1.61%	+0.12%	+12.27%
14	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	1.25%	—	-0.20%
15	SDY	Ss Spdr S&p Dividend ETF	ETF-Other	1.05%	—	-2.44%
16	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	1.00%	-0.13%	-3.06%
17	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	0.94%	+0.94%	NEW
18	PNC	Pnc Financial Services Group	Stock-Financials	0.79%	+0.79%	NEW
19	JAAA	Janus Henderson Aaa Clo ETF	ETF-Other	0.77%	-3.51%	-81.34%
20	SLYG	Ss Spdr S&p 600 Sc Gr ETF	ETF-Other	0.70%	—	+1.07%
21	USFR	Wisdomtree Floating Rate Tre	ETF-Other	0.69%	-0.21%	-20.59%
22	PAAA	Pgim Aaa Clo ETF	ETF-Other	0.69%	—	-1.95%
23	NVDA	Nvidia CORP	Stock-Tech	0.65%	—	+8.29%
24	SPHQ	Invesco S&p 500 Quality ETF	ETF-Large Cap & Growth	0.64%	-0.16%	-18.00%
25	AOM	Ishares Core 40/60 Moderate	ETF-Other	0.59%	+0.25%	+81.63%
26	DGRW	Wisdomtree U.s. Quality Divi	ETF-Other	0.57%	+0.08%	+20.28%
27	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	0.51%	+0.30%	+161.53%
28	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.50%	—	+2.79%
29	SMH	Vaneck Semiconductor ETF	ETF-Other	0.48%	—	+11.82%
30	AVUV	Avantis US Small Cap Value	ETF-Small Cap	0.47%	—	+3.97%
31	TSLA	Tesla INC	Stock-Consumer Disc	0.45%	+0.12%	+66.89%
32	SIVR	Abrdn Physical Silver Shares	ETF-Commodities	0.44%	—	+0.56%
33	FVD	First Trust Value Line Dvd	ETF-Other	0.42%	—	-12.91%
34	XLU	St Sr Utl Sl Se Spdr Etf-usd	ETF-Other	0.41%	—	-2.25%
35	TBIL	F/m US Treasury 3 Month Bill	ETF-Gov Bonds	0.41%	-0.36%	-45.10%
36	BSCQ	Invesco Bulletshares 2026 Cb	ETF-Other	0.40%	—	+10.08%
37	IHDG	Wisdomtree International Hed	ETF-Other	0.33%	—	-4.78%
38	HD	Home Depot INC	Stock-Consumer Disc	0.33%	-0.16%	-27.57%
39	DON	Wisdomtree US Midcap Dividen	ETF-Other	0.32%	—	-0.24%
40	O	Realty Income CORP	Stock-Real Estate	0.31%	—	+0.84%
41	VEA	Vanguard Ftse Developed ETF	ETF-Other	0.31%	+0.31%	NEW
42	XBIL	F/m US Treasury 6 Month Bill	ETF-Gov Bonds	0.31%	-0.12%	-25.66%
43	BSCR	Invesco Bulletshares 2027 Cb	ETF-Other	0.30%	+0.12%	+66.21%
44	RECS	Columbia Resear Enh Cor ETF	ETF-Other	0.29%	-0.14%	-26.88%
45	SPMD	Ss Spdr P S&p 400 Midcap ETF	ETF-Other	0.29%	—	-7.52%
46	GLDM	Spdr Gold Minishares Trust	ETF-Commodities	0.27%	—	—
47	XLE	Ss Energy Select Sector	ETF-Other	0.25%	—	-6.57%
48	VUG	Vanguard Growth ETF	ETF-Other	0.25%	—	-0.83%
49	XOM	Exxon Mobil CORP	Stock-Energy	0.25%	—	+2.31%
50	SPSM	Ss Spdr P S&p 600 Small Cap	ETF-Small Cap	0.24%	—	-5.74%

1–50 of 100

Portfolio Performance

Performance for Q3 2026

+3.9%

Performance Last 4 Quarters

+20.7%

Based on 80% of reported portfolio value with available pricing

Stdev: +12%
Beta: +0.91
Alpha: -0.6%
Max Drawdown: -7.1%
Annualized Perf: +16.6%
Batting Avg vs S&P: +38.9%
Sortino: +2.78
Stutzer: +0.4
Treynor: +0.18
Sterling: +1.03
Calmar: +2.32
Information Ratio: -1
Tracking Error: +2.3%
Stdev Down: +5.8%
Winning Months %: +63.9%
Losing Months %: +36.1%
Best 12 Months: +32%
Worst 12 Months: +7.7%
Efficiency Ratio: +0.54
Sharpe: +1.34
Stdev Sectors: +16.4%
Skewness: +0.14
Kurtosis: -0.36
Upside Potential: +4.47

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	100	$290.7M	20	1SPYM 2QQQM 3RWL Top holdings2026-03-31 1.SPYM 2.QQQM 3.RWL 4.IWF 5.IDEQ 6.RDVY 7.SPYV 8.AAPL 9.RSPU 10.XMHQ
2025-12-31	92	$282.2M	12	1SPYM 2QQQM 3RWL Top holdings2025-12-31 1.SPYM 2.QQQM 3.RWL 4.IWF 5.JAAA 6.RDVY 7.AAPL 8.SPYV 9.RSPU 10.SPYG
2025-09-30	91	$271.4M	34	1SPYM 2QQQM 3RWL Top holdings2025-09-30 1.SPYM 2.QQQM 3.RWL 4.IWF 5.JAAA 6.RDVY 7.AAPL 8.SPYV 9.SPYG 10.XMHQ
2025-06-30	87	$241.7M	0	1SPYM 2QQQM 3RWL Top holdings2025-06-30 1.SPYM 2.QQQM 3.RWL 4.IWF 5.JAAA 6.RDVY 7.TBIL 8.SPYV 9.AAPL 10.SPYG
2025-03-31	87	$219.3M	0	1SPYM 2QQQM 3RWL Top holdings2025-03-31 1.SPYM 2.QQQM 3.RWL 4.JAAA 5.IWF 6.TBIL 7.AAPL 8.RDVY 9.SPYV 10.XLV
2024-12-31	82	$222.1M	0	1SPYM 2QQQM 3RWL Top holdings2024-12-31 1.SPYM 2.QQQM 3.RWL 4.IWF 5.AAPL 6.JAAA 7.TBIL 8.RDVY 9.SPYV 10.SPYG
2024-09-30	87	$216.0M	0	1SPYM 2QQQM 3RWL Top holdings2024-09-30 1.SPYM 2.QQQM 3.RWL 4.IWF 5.AAPL 6.RDVY 7.TBIL 8.SPYV 9.XBIL 10.SPYG
2024-06-30	83	$199.6M	0	1SPYM 2QQQM 3RWL Top holdings2024-06-30 1.SPYM 2.QQQM 3.RWL 4.IWF 5.AAPL 6.TBIL 7.RDVY 8.SPYG 9.XBIL 10.SPYV
2024-03-31	80	$195.9M	0	1SPYM 2QQQM 3RWL Top holdings2024-03-31 1.SPYM 2.QQQM 3.RWL 4.IWF 5.RDVY 6.TBIL 7.AAPL 8.SLYG 9.SPYV 10.XBIL
2023-12-31	75	$176.7M	0	1SPYM 2QQQM 3SDY Top holdings2023-12-31 1.SPYM 2.QQQM 3.SDY 4.RWL 5.SLYG 6.AAPL 7.TBIL 8.XLV 9.IWF 10.RDVY
2023-09-30	71	$154.6M	0	1SPYM 2QQQM 3SDY Top holdings2023-09-30 1.SPYM 2.QQQM 3.SDY 4.TBIL 5.RWL 6.SLYG 7.AAPL 8.XLV 9.IWF 10.RDVY
2023-06-30	71	$143.3M	0	1QQQM 2SPYM 3SDY Top holdings2023-06-30 1.QQQM 2.SPYM 3.SDY 4.AAPL 5.SLYG 6.RWL 7.XLV 8.IWF 9.RDVY 10.SLYV
2023-03-31	80	$144.0M	0	1QQQM 2SPYM 3SDY Top holdings2023-03-31 1.QQQM 2.SPYM 3.SDY 4.SLYG 5.AAPL 6.RWL 7.XLV 8.SLYV 9.IWF 10.RDVY
2022-12-31	71	$133.9M	0	1SPYM 2QQQM 3SDY Top holdings2022-12-31 1.SPYM 2.QQQM 3.SDY 4.SLYG 5.RDVY 6.SLYV 7.XLU 8.AAPL 9.RWL 10.IWF
2022-09-30	51	$105.5M	0	1QQQM 2SPYM 3SDY Top holdings2022-09-30 1.QQQM 2.SPYM 3.SDY 4.XLU 5.RDVY 6.AAPL 7.IWF 8.SLYV 9.SLYG 10.RWL
2022-06-30	53	$95.8M	0	1QQQM 2SPYM 3SDY Top holdings2022-06-30 1.QQQM 2.SPYM 3.SDY 4.RDVY 5.XLU 6.AAPL 7.IWF 8.SLYV 9.SLYG 10.RWL
2021-12-31	43	$104.2M	0	1IWF 2RDVY 3DIA Top holdings2021-12-31 1.IWF 2.RDVY 3.DIA 4.SDY 5.QQQM 6.XLU 7.SPYM 8.AAPL 9.SPY 10.QQQ
2021-03-31	46	$94.9M	0	1QQQM 2RDVY 3SDY Top holdings2021-03-31 1.QQQM 2.RDVY 3.SDY 4.XLU 5.IWF 6.SPYM 7.AAPL 8.SLYV 9.RWL 10.QQQ

Holding changes this quarter

Denver Wealth Management, INC.'s most significant position changes for 2026-03-31: New buy: Lazard Intl Dynamic Eqy ETF (IDEQ); New buy: Vanguard S&p 500 ETF (VOO); New buy: Pnc Financial Services Group (PNC); New buy: Vanguard Ftse Developed ETF (VEA); New buy: Vanguard Ultra Short Bond Et (VUSB).

Position changes disclosed by Denver Wealth Management, INC. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	IVV	Ishares Core S&p 500 ETF	+0.3%	+161.53%	Add
2	CLIP	Global X 1-3 Month T-bill	+0.3%	+22.96%	Add
3	AOM	Ishares Core 40/60 Moderate	+0.3%	+81.63%	Add
4	RWL	Invesco S&p 500 Revenue ETF	+0.2%	+5.44%	Add
5	IMCG	Ishares Morningstar Mid-cap	+0.1%	+12.27%	Add
6	TSLA	Tesla INC	+0.1%	+66.89%	Add
7	BSCR	Invesco Bulletshares 2027 Cb	+0.1%	+66.21%	Add
8	RSPU	Invesco S&p 500 Equal Weight	+0.1%	-1.66%	Trim
9	DGRW	Wisdomtree U.s. Quality Divi	+0.1%	+20.28%	Add
10	XMHQ	Invesco S&p Midcap Qual ETF	+0.1%	+4.89%	Add
11	RDVY	First Trust Rising Dividend	+0.1%	+6.32%	Add
12	XBIL	F/m US Treasury 6 Month Bill	-0.1%	-25.66%	Trim
13	QQQ	Invesco Qqq Trust Series 1	-0.1%	-3.06%	Trim
14	RECS	Columbia Resear Enh Cor ETF	-0.1%	-26.88%	Trim
15	SJNK	Ss Spdr Bb St Hi Yield ETF	-0.2%	-53.25%	Trim
16	HD	Home Depot INC	-0.2%	-27.57%	Trim
17	SPHQ	Invesco S&p 500 Quality ETF	-0.2%	-18.00%	Trim
18	FENI	Fidelity Enhanced Intl ETF	-0.2%	-69.45%	Trim
19	USFR	Wisdomtree Floating Rate Tre	-0.2%	-20.59%	Trim
20	SPYV	Ss Spdr P S&p 500 Value ETF	-0.2%	-4.56%	Trim
21	SPYG	Ss Spdr P S&p 500 Growth ETF	-0.3%	-1.38%	Trim
22	AAPL	Apple INC	-0.3%	-1.70%	Trim
23	TBIL	F/m US Treasury 3 Month Bill	-0.4%	-45.10%	Trim
24	IWF	Ishares Russell 1000 Growth	-0.5%	+3.51%	Add
25	QQQM	Invesco Nasdaq 100 ETF	-1.3%	+2.26%	Add
26	SPYM	Ste Str Spdr Pt S&p 500 ETF	-1.3%	+1.45%	Add
27	JAAA	Janus Henderson Aaa Clo ETF	-3.5%	-81.34%	Trim
28	IDEQ	Lazard Intl Dynamic Eqy ETF	—	NEW	New buy
29	VOO	Vanguard S&p 500 ETF	—	NEW	New buy
30	PNC	Pnc Financial Services Group	—	NEW	New buy
31	VEA	Vanguard Ftse Developed ETF	—	NEW	New buy
32	VUSB	Vanguard Ultra Short Bond Et	—	NEW	New buy
33	VXF	Vanguard Extended Market ETF	—	NEW	New buy
34	IAU	Ishares Gold Trust	—	NEW	New buy
35	JPEF	Jpmorgan Equity Focus ETF	—	EXIT	Sold out
36	VB	Vanguard Small-cap ETF	—	NEW	New buy
37	MINT	Pimco Enhanced Short Maturit	—	NEW	New buy
38	VCSH	Vanguard S/t CORP Bond ETF	—	NEW	New buy
39	AVGO	Broadcom INC	—	NEW	New buy
40	CHGX	Stance Sustainable Beta ETF	—	EXIT	Sold out
41	AAXJ	Ishares Msci All Country Asi	—	NEW	New buy
42	AOK	Ishares Core 30/70 Conservat	—	EXIT	Sold out
43	VGT	Vanguard Info Tech ETF	—	NEW	New buy
44	IEFA	Ishares Core Msci Eafe ETF	—	EXIT	Sold out
45	BSMQ	Invesco Bulletshares 2026 Mb	—	EXIT	Sold out
46	COP	Conocophillips	—	NEW	New buy
47	MELI	Mercadolibre INC	—	EXIT	Sold out
48	BNDX	Vanguard Total Intl Bond ETF	—	NEW	New buy
49	PLTR	Palantir Technologies Inc-a	—	EXIT	Sold out
50	MRK	Merck & Co. INC.	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-27	13F-HR	View on EDGAR
2025-12-31	2026-02-13	13F-HR	View on EDGAR
2025-09-30	2025-11-12	13F-HR	View on EDGAR
2025-06-30	2025-08-13	13F-HR	View on EDGAR
2025-03-31	2025-04-22	13F-HR	View on EDGAR
2024-12-31	2025-01-22	13F-HR	View on EDGAR
2024-09-30	2024-10-21	13F-HR	View on EDGAR
2024-06-30	2024-07-22	13F-HR	View on EDGAR
2024-03-31	2024-04-18	13F-HR	View on EDGAR
2023-12-31	2024-01-23	13F-HR	View on EDGAR
2023-09-30	2023-10-24	13F-HR	View on EDGAR
2023-06-30	2023-07-17	13F-HR	View on EDGAR
2023-03-31	2023-05-04	13F-HR	View on EDGAR
2022-12-31	2023-01-27	13F-HR	View on EDGAR
2022-09-30	2022-11-08	13F-HR	View on EDGAR
2022-06-30	2022-08-11	13F-HR	View on EDGAR
2021-12-31	2022-02-17	13F-HR	View on EDGAR
2021-03-31	2022-04-26	13F-HR	View on EDGAR

FAQ

What is Denver Wealth Management, INC. and what type of investor is it?

Denver Wealth Management, INC. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $290.7M, spread across 100 disclosed positions.

What are Denver Wealth Management, INC.'s largest equity positions?

Based on the latest 13F filing, Denver Wealth Management, INC.'s top holdings by market value are: 1. Ste Str Spdr Pt S&p 500 ETF (SPYM) — $59.1M (20.3%) 2. Invesco Nasdaq 100 ETF (QQQM) — $51.6M (17.8%) 3. Invesco S&p 500 Revenue ETF (RWL) — $19.3M (6.7%) 4. Ishares Russell 1000 Growth (IWF) — $15.2M (5.2%) 5. Lazard Intl Dynamic Eqy ETF (IDEQ) — $13.7M (4.7%)

What changes did Denver Wealth Management, INC. make in its most recent portfolio filing?

In the latest reported quarter, Denver Wealth Management, INC. made 50 notable position adjustments: 16 new positions were initiated, 13 existing holdings were added to, 14 positions were partially reduced, and 7 were completely exited. The largest of these moves: New buy: Lazard Intl Dynamic Eqy ETF (IDEQ); New buy: Vanguard S&p 500 ETF (VOO); New buy: Pnc Financial Services Group (PNC); New buy: Vanguard Ftse Developed ETF (VEA); New buy: Vanguard Ultra Short Bond Et (VUSB)

What sectors does Denver Wealth Management, INC. focus on?

Denver Wealth Management, INC. is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 53.9% • Consumer Discretionary: 14.5% • Financials: 13.7% • Energy: 8.7% • Health Care: 3.1% • Consumer Staples: 2.9%

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Denver Wealth Management, INC. Holdings Report (13F Filings)

CIK: 0001909800

Sector-focusedMomentum followerQuality / disciplined sizing

Total reported value

$290.7M

Reporting period: 2026-03-31 · Number of holdings: 100

DENVER WEALTH MANAGEMENT, INC. disclosed 100 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $290.7M and a quarterly turnover rate of 20.0%.

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "D"

Personality snowflake

Concentration: 35.5
Portfolio Stability: 19.96
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 100
Sizing Uniformity: 71.8

Position sizes vary widely across the portfolio (a coefficient of variation of 2.82), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Trim JAAA
-81.3%　-$9.8M
Trim SPYM
+1.4%　-$2.0M
Trim QQQM
+2.3%　-$2.1M
Trim IWF
+3.5%　-$1.1M
Trim TBIL
-45.1%　-$983.2K
Trim AAPL
-1.7%　-$698.8K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SPYM	Ste Str Spdr Pt S&p 500 ETF	ETF-Large Cap & Growth	20.34%	-1.31%	+1.45%
2	QQQM	Invesco Nasdaq 100 ETF	ETF-Tech	17.75%	-1.28%	+2.26%
3	RWL	Invesco S&p 500 Revenue ETF	ETF-Large Cap & Growth	6.65%	+0.17%	+5.44%
4	IWF	Ishares Russell 1000 Growth	ETF-Other	5.22%	-0.54%	+3.51%
5	IDEQ	Lazard Intl Dynamic Eqy ETF	ETF-Other	4.71%	+4.71%	NEW
6	RDVY	First Trust Rising Dividend	ETF-Other	3.74%	+0.05%	+6.32%
7	SPYV	Ss Spdr P S&p 500 Value ETF	ETF-Large Cap & Growth	2.70%	-0.23%	-4.56%
8	AAPL	Apple INC	Stock-Tech	2.68%	-0.33%	-1.70%
9	RSPU	Invesco S&p 500 Equal Weight	ETF-Large Cap & Growth	2.61%	+0.09%	-1.66%
10	XMHQ	Invesco S&p Midcap Qual ETF	ETF-Other	2.50%	+0.07%	+4.89%
11	SPYG	Ss Spdr P S&p 500 Growth ETF	ETF-Large Cap & Growth	2.19%	-0.30%	-1.38%
12	CLIP	Global X 1-3 Month T-bill	ETF-Other	1.73%	+0.28%	+22.96%
13	IMCG	Ishares Morningstar Mid-cap	ETF-Other	1.61%	+0.12%	+12.27%
14	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	1.25%	—	-0.20%
15	SDY	Ss Spdr S&p Dividend ETF	ETF-Other	1.05%	—	-2.44%
16	QQQ	Invesco Qqq Trust Series 1	ETF-Tech	1.00%	-0.13%	-3.06%
17	VOO	Vanguard S&p 500 ETF	ETF-Large Cap & Growth	0.94%	+0.94%	NEW
18	PNC	Pnc Financial Services Group	Stock-Financials	0.79%	+0.79%	NEW
19	JAAA	Janus Henderson Aaa Clo ETF	ETF-Other	0.77%	-3.51%	-81.34%
20	SLYG	Ss Spdr S&p 600 Sc Gr ETF	ETF-Other	0.70%	—	+1.07%
21	USFR	Wisdomtree Floating Rate Tre	ETF-Other	0.69%	-0.21%	-20.59%
22	PAAA	Pgim Aaa Clo ETF	ETF-Other	0.69%	—	-1.95%
23	NVDA	Nvidia CORP	Stock-Tech	0.65%	—	+8.29%
24	SPHQ	Invesco S&p 500 Quality ETF	ETF-Large Cap & Growth	0.64%	-0.16%	-18.00%
25	AOM	Ishares Core 40/60 Moderate	ETF-Other	0.59%	+0.25%	+81.63%
26	DGRW	Wisdomtree U.s. Quality Divi	ETF-Other	0.57%	+0.08%	+20.28%
27	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	0.51%	+0.30%	+161.53%
28	BRK-B	Berkshire Hathaway Inc-cl B	Stock-Other	0.50%	—	+2.79%
29	SMH	Vaneck Semiconductor ETF	ETF-Other	0.48%	—	+11.82%
30	AVUV	Avantis US Small Cap Value	ETF-Small Cap	0.47%	—	+3.97%
31	TSLA	Tesla INC	Stock-Consumer Disc	0.45%	+0.12%	+66.89%
32	SIVR	Abrdn Physical Silver Shares	ETF-Commodities	0.44%	—	+0.56%
33	FVD	First Trust Value Line Dvd	ETF-Other	0.42%	—	-12.91%
34	XLU	St Sr Utl Sl Se Spdr Etf-usd	ETF-Other	0.41%	—	-2.25%
35	TBIL	F/m US Treasury 3 Month Bill	ETF-Gov Bonds	0.41%	-0.36%	-45.10%
36	BSCQ	Invesco Bulletshares 2026 Cb	ETF-Other	0.40%	—	+10.08%
37	IHDG	Wisdomtree International Hed	ETF-Other	0.33%	—	-4.78%
38	HD	Home Depot INC	Stock-Consumer Disc	0.33%	-0.16%	-27.57%
39	DON	Wisdomtree US Midcap Dividen	ETF-Other	0.32%	—	-0.24%
40	O	Realty Income CORP	Stock-Real Estate	0.31%	—	+0.84%
41	VEA	Vanguard Ftse Developed ETF	ETF-Other	0.31%	+0.31%	NEW
42	XBIL	F/m US Treasury 6 Month Bill	ETF-Gov Bonds	0.31%	-0.12%	-25.66%
43	BSCR	Invesco Bulletshares 2027 Cb	ETF-Other	0.30%	+0.12%	+66.21%
44	RECS	Columbia Resear Enh Cor ETF	ETF-Other	0.29%	-0.14%	-26.88%
45	SPMD	Ss Spdr P S&p 400 Midcap ETF	ETF-Other	0.29%	—	-7.52%
46	GLDM	Spdr Gold Minishares Trust	ETF-Commodities	0.27%	—	—
47	XLE	Ss Energy Select Sector	ETF-Other	0.25%	—	-6.57%
48	VUG	Vanguard Growth ETF	ETF-Other	0.25%	—	-0.83%
49	XOM	Exxon Mobil CORP	Stock-Energy	0.25%	—	+2.31%
50	SPSM	Ss Spdr P S&p 600 Small Cap	ETF-Small Cap	0.24%	—	-5.74%

1–50 of 100

Portfolio Performance

Performance for Q3 2026

+3.9%

Performance Last 4 Quarters

+20.7%

Based on 80% of reported portfolio value with available pricing

Stdev: +12%
Beta: +0.91
Alpha: -0.6%
Max Drawdown: -7.1%
Annualized Perf: +16.6%
Batting Avg vs S&P: +38.9%
Sortino: +2.78
Stutzer: +0.4
Treynor: +0.18
Sterling: +1.03
Calmar: +2.32
Information Ratio: -1
Tracking Error: +2.3%
Stdev Down: +5.8%
Winning Months %: +63.9%
Losing Months %: +36.1%
Best 12 Months: +32%
Worst 12 Months: +7.7%
Efficiency Ratio: +0.54
Sharpe: +1.34
Stdev Sectors: +16.4%
Skewness: +0.14
Kurtosis: -0.36
Upside Potential: +4.47

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	100	$290.7M	20	1SPYM 2QQQM 3RWL Top holdings2026-03-31 1.SPYM 2.QQQM 3.RWL 4.IWF 5.IDEQ 6.RDVY 7.SPYV 8.AAPL 9.RSPU 10.XMHQ
2025-12-31	92	$282.2M	12	1SPYM 2QQQM 3RWL Top holdings2025-12-31 1.SPYM 2.QQQM 3.RWL 4.IWF 5.JAAA 6.RDVY 7.AAPL 8.SPYV 9.RSPU 10.SPYG
2025-09-30	91	$271.4M	34	1SPYM 2QQQM 3RWL Top holdings2025-09-30 1.SPYM 2.QQQM 3.RWL 4.IWF 5.JAAA 6.RDVY 7.AAPL 8.SPYV 9.SPYG 10.XMHQ
2025-06-30	87	$241.7M	0	1SPYM 2QQQM 3RWL Top holdings2025-06-30 1.SPYM 2.QQQM 3.RWL 4.IWF 5.JAAA 6.RDVY 7.TBIL 8.SPYV 9.AAPL 10.SPYG
2025-03-31	87	$219.3M	0	1SPYM 2QQQM 3RWL Top holdings2025-03-31 1.SPYM 2.QQQM 3.RWL 4.JAAA 5.IWF 6.TBIL 7.AAPL 8.RDVY 9.SPYV 10.XLV
2024-12-31	82	$222.1M	0	1SPYM 2QQQM 3RWL Top holdings2024-12-31 1.SPYM 2.QQQM 3.RWL 4.IWF 5.AAPL 6.JAAA 7.TBIL 8.RDVY 9.SPYV 10.SPYG
2024-09-30	87	$216.0M	0	1SPYM 2QQQM 3RWL Top holdings2024-09-30 1.SPYM 2.QQQM 3.RWL 4.IWF 5.AAPL 6.RDVY 7.TBIL 8.SPYV 9.XBIL 10.SPYG
2024-06-30	83	$199.6M	0	1SPYM 2QQQM 3RWL Top holdings2024-06-30 1.SPYM 2.QQQM 3.RWL 4.IWF 5.AAPL 6.TBIL 7.RDVY 8.SPYG 9.XBIL 10.SPYV
2024-03-31	80	$195.9M	0	1SPYM 2QQQM 3RWL Top holdings2024-03-31 1.SPYM 2.QQQM 3.RWL 4.IWF 5.RDVY 6.TBIL 7.AAPL 8.SLYG 9.SPYV 10.XBIL
2023-12-31	75	$176.7M	0	1SPYM 2QQQM 3SDY Top holdings2023-12-31 1.SPYM 2.QQQM 3.SDY 4.RWL 5.SLYG 6.AAPL 7.TBIL 8.XLV 9.IWF 10.RDVY
2023-09-30	71	$154.6M	0	1SPYM 2QQQM 3SDY Top holdings2023-09-30 1.SPYM 2.QQQM 3.SDY 4.TBIL 5.RWL 6.SLYG 7.AAPL 8.XLV 9.IWF 10.RDVY
2023-06-30	71	$143.3M	0	1QQQM 2SPYM 3SDY Top holdings2023-06-30 1.QQQM 2.SPYM 3.SDY 4.AAPL 5.SLYG 6.RWL 7.XLV 8.IWF 9.RDVY 10.SLYV
2023-03-31	80	$144.0M	0	1QQQM 2SPYM 3SDY Top holdings2023-03-31 1.QQQM 2.SPYM 3.SDY 4.SLYG 5.AAPL 6.RWL 7.XLV 8.SLYV 9.IWF 10.RDVY
2022-12-31	71	$133.9M	0	1SPYM 2QQQM 3SDY Top holdings2022-12-31 1.SPYM 2.QQQM 3.SDY 4.SLYG 5.RDVY 6.SLYV 7.XLU 8.AAPL 9.RWL 10.IWF
2022-09-30	51	$105.5M	0	1QQQM 2SPYM 3SDY Top holdings2022-09-30 1.QQQM 2.SPYM 3.SDY 4.XLU 5.RDVY 6.AAPL 7.IWF 8.SLYV 9.SLYG 10.RWL
2022-06-30	53	$95.8M	0	1QQQM 2SPYM 3SDY Top holdings2022-06-30 1.QQQM 2.SPYM 3.SDY 4.RDVY 5.XLU 6.AAPL 7.IWF 8.SLYV 9.SLYG 10.RWL
2021-12-31	43	$104.2M	0	1IWF 2RDVY 3DIA Top holdings2021-12-31 1.IWF 2.RDVY 3.DIA 4.SDY 5.QQQM 6.XLU 7.SPYM 8.AAPL 9.SPY 10.QQQ
2021-03-31	46	$94.9M	0	1QQQM 2RDVY 3SDY Top holdings2021-03-31 1.QQQM 2.RDVY 3.SDY 4.XLU 5.IWF 6.SPYM 7.AAPL 8.SLYV 9.RWL 10.QQQ

Holding changes this quarter

Position changes disclosed by Denver Wealth Management, INC. for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	IVV	Ishares Core S&p 500 ETF	+0.3%	+161.53%	Add
2	CLIP	Global X 1-3 Month T-bill	+0.3%	+22.96%	Add
3	AOM	Ishares Core 40/60 Moderate	+0.3%	+81.63%	Add
4	RWL	Invesco S&p 500 Revenue ETF	+0.2%	+5.44%	Add
5	IMCG	Ishares Morningstar Mid-cap	+0.1%	+12.27%	Add
6	TSLA	Tesla INC	+0.1%	+66.89%	Add
7	BSCR	Invesco Bulletshares 2027 Cb	+0.1%	+66.21%	Add
8	RSPU	Invesco S&p 500 Equal Weight	+0.1%	-1.66%	Trim
9	DGRW	Wisdomtree U.s. Quality Divi	+0.1%	+20.28%	Add
10	XMHQ	Invesco S&p Midcap Qual ETF	+0.1%	+4.89%	Add
11	RDVY	First Trust Rising Dividend	+0.1%	+6.32%	Add
12	XBIL	F/m US Treasury 6 Month Bill	-0.1%	-25.66%	Trim
13	QQQ	Invesco Qqq Trust Series 1	-0.1%	-3.06%	Trim
14	RECS	Columbia Resear Enh Cor ETF	-0.1%	-26.88%	Trim
15	SJNK	Ss Spdr Bb St Hi Yield ETF	-0.2%	-53.25%	Trim
16	HD	Home Depot INC	-0.2%	-27.57%	Trim
17	SPHQ	Invesco S&p 500 Quality ETF	-0.2%	-18.00%	Trim
18	FENI	Fidelity Enhanced Intl ETF	-0.2%	-69.45%	Trim
19	USFR	Wisdomtree Floating Rate Tre	-0.2%	-20.59%	Trim
20	SPYV	Ss Spdr P S&p 500 Value ETF	-0.2%	-4.56%	Trim
21	SPYG	Ss Spdr P S&p 500 Growth ETF	-0.3%	-1.38%	Trim
22	AAPL	Apple INC	-0.3%	-1.70%	Trim
23	TBIL	F/m US Treasury 3 Month Bill	-0.4%	-45.10%	Trim
24	IWF	Ishares Russell 1000 Growth	-0.5%	+3.51%	Add
25	QQQM	Invesco Nasdaq 100 ETF	-1.3%	+2.26%	Add
26	SPYM	Ste Str Spdr Pt S&p 500 ETF	-1.3%	+1.45%	Add
27	JAAA	Janus Henderson Aaa Clo ETF	-3.5%	-81.34%	Trim
28	IDEQ	Lazard Intl Dynamic Eqy ETF	—	NEW	New buy
29	VOO	Vanguard S&p 500 ETF	—	NEW	New buy
30	PNC	Pnc Financial Services Group	—	NEW	New buy
31	VEA	Vanguard Ftse Developed ETF	—	NEW	New buy
32	VUSB	Vanguard Ultra Short Bond Et	—	NEW	New buy
33	VXF	Vanguard Extended Market ETF	—	NEW	New buy
34	IAU	Ishares Gold Trust	—	NEW	New buy
35	JPEF	Jpmorgan Equity Focus ETF	—	EXIT	Sold out
36	VB	Vanguard Small-cap ETF	—	NEW	New buy
37	MINT	Pimco Enhanced Short Maturit	—	NEW	New buy
38	VCSH	Vanguard S/t CORP Bond ETF	—	NEW	New buy
39	AVGO	Broadcom INC	—	NEW	New buy
40	CHGX	Stance Sustainable Beta ETF	—	EXIT	Sold out
41	AAXJ	Ishares Msci All Country Asi	—	NEW	New buy
42	AOK	Ishares Core 30/70 Conservat	—	EXIT	Sold out
43	VGT	Vanguard Info Tech ETF	—	NEW	New buy
44	IEFA	Ishares Core Msci Eafe ETF	—	EXIT	Sold out
45	BSMQ	Invesco Bulletshares 2026 Mb	—	EXIT	Sold out
46	COP	Conocophillips	—	NEW	New buy
47	MELI	Mercadolibre INC	—	EXIT	Sold out
48	BNDX	Vanguard Total Intl Bond ETF	—	NEW	New buy
49	PLTR	Palantir Technologies Inc-a	—	EXIT	Sold out
50	MRK	Merck & Co. INC.	—	NEW	New buy

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-04-27	13F-HR	View on EDGAR
2025-12-31	2026-02-13	13F-HR	View on EDGAR
2025-09-30	2025-11-12	13F-HR	View on EDGAR
2025-06-30	2025-08-13	13F-HR	View on EDGAR
2025-03-31	2025-04-22	13F-HR	View on EDGAR
2024-12-31	2025-01-22	13F-HR	View on EDGAR
2024-09-30	2024-10-21	13F-HR	View on EDGAR
2024-06-30	2024-07-22	13F-HR	View on EDGAR
2024-03-31	2024-04-18	13F-HR	View on EDGAR
2023-12-31	2024-01-23	13F-HR	View on EDGAR
2023-09-30	2023-10-24	13F-HR	View on EDGAR
2023-06-30	2023-07-17	13F-HR	View on EDGAR
2023-03-31	2023-05-04	13F-HR	View on EDGAR
2022-12-31	2023-01-27	13F-HR	View on EDGAR
2022-09-30	2022-11-08	13F-HR	View on EDGAR
2022-06-30	2022-08-11	13F-HR	View on EDGAR
2021-12-31	2022-02-17	13F-HR	View on EDGAR
2021-03-31	2022-04-26	13F-HR	View on EDGAR