Aspen Capital Management, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), Aspen Capital Management, LLC reported 83 stock positions worth $453.0 million. Its top holding was Dimensional International (DFIC) at 19.6% of the portfolio, followed by Dimensional US Core Equity 2 (DFAC, 15.4%) and Dimensional Core Fixed (DFCF, 7.7%). Compared with Q1 2026, it opened 9 new positions, sold out of 3, added to 39 and reduced 12. The biggest buy was Dimension Ultrashort Fi ETF (DUSB, shares +641%) and the biggest sale iShares 0-3 Month Treasury B (SGOV, shares −36%).

Most Recent 13F
Q2 2026
Location
BOISE, ID
CIK
0002065974
Portfolio Value
$453.0M (Q2 2026)
SEC Filing
0002065974-26-000003 ↗ filed Aug 4, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2025: $312.7M Q1 2025 Q2 2025: $356.8M Q2 2025 Q3 2025: $392.3M Q3 2025 Q4 2025: $403.8M Q4 2025 Q1 2026: $404.0M Q1 2026 Q2 2026: $453.0M $453.0M Q2 2026

Holdings 83 stocks · $453.0M
DFIC Dimensional International Co. 19.58% 2,380,785 $88.7M Add +4.6%
DFAC Dimensional US Core Equity 2 15.45% 1,577,217 $70.0M Add +5.7%
DFCF Dimensional Core Fixed Inc. 7.68% 824,636 $34.8M Add +0.2%
SGOV iShares 0-3 Month Treasury B 7.59% 341,534 $34.4M Reduce -36.0%
DFEM Dimensional Emrg MRKT Core 5.00% 557,707 $22.7M Add +4.4%
DFAT Dimensional US Target Value 4.23% 274,326 $19.2M Reduce -1.1%
DUSB Dimension Ultrashort Fi ETF 3.94% 351,153 $17.8M Add +640.8%
DFAS Dimensional US Small Cap ETF 3.89% 214,183 $17.6M Reduce -1.0%
DFGR Dim Global Real Estate ETF 3.54% 553,939 $16.0M Add +1.3%
USB US Bancorp 2.86% 214,834 $13.0M Reduce -0.1%
DFSV Dimensional US Small Cap Val 2.53% 295,557 $11.5M Add +5.5%
DCOR Dimensional US Core Eq 1 ETF 2.32% 128,126 $10.5M Add +8.7%
DFAX Dimensional World Ex US Core 1.64% 201,329 $7.4M Add +0.4%
AAPL Apple Inc. 1.42% 22,182 $6.4M Add +0.7%
IWB iShares Russell 1000 ETF 1.33% 14,706 $6.0M Reduce -0.7%
NVDA Nvidia Corp. 1.22% 27,591 $5.5M Add +1.9%
DFSU Dimensional US Sus CORE1 ETF 1.15% 111,535 $5.2M Reduce -2.4%
DFSI Dimensional Int Sus COR1 ETF 0.92% 92,563 $4.2M Add +1.1%
DFUV Dimensional US Marketwide Va 0.90% 73,845 $4.1M Add +0.1%
TXN Texas Instruments Inc. 0.90% 13,625 $4.1M New
QQQ Invesco QQQ Trust Series 1 0.89% 5,490 $4.0M Add +2.1%
AVDE Avantis International Equity 0.73% 37,046 $3.3M Reduce -0.6%
MSFT Microsoft Corp. 0.65% 7,846 $2.9M Add +1.6%
IVV iShares Core S&P 500 ETF 0.58% 3,514 $2.6M No change
DFAW Dimensional World Eqty ETF 0.56% 30,649 $2.5M Add +17.6%
IWM iShares Russell 2000 ETF 0.50% 7,479 $2.2M Reduce -2.7%
AVUS Avantis U.S. Equity ETF 0.41% 14,662 $1.9M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.41% 2,472 $1.8M Add +6.5%
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.35% 3,050 $1.6M Add +7.0%
VTI VG Morningstar TS MKT ETF-US 0.35% 4,266 $1.6M Add +0.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.32% 6,712 $1.5M Add +1.2%
EFA iShares MSCI Eafe ETF 0.32% 14,000 $1.5M No change
JPM JPMorgan Chase & Co. 0.31% 4,243 $1.4M Add +1.7%
PAYO Payoneer Global Inc. 0.31% 194,222 $1.4M No change
AMZN Amazon.com Inc. 0.30% 5,772 $1.4M Add +1.5%
VT Vanguard Tot World STK ETF 0.27% 7,911 $1.2M Add +0.0%
AVUV Avantis US Small Cap Value 0.27% 9,752 $1.2M No change
GOOGL Alphabet Inc. Class A 0.25% 3,132 $1.1M Add +3.2%
GOOG Alphabet Inc. Class C 0.24% 3,023 $1.1M No change
DFSE Dimensional Em Sus CORE1 ETF 0.21% 19,473 $952K Reduce -3.1%
MU Micron Technology Inc. 0.18% 720 $831K Reduce -39.6%
BRK.A Berkshire Hathaway Inc. Class A 0.17% 1 $749K No change
TSLA Tesla Inc. 0.14% 1,516 $638K Add +108.0%
CAT Caterpillar Inc. 0.14% 584 $622K No change
BRK.B Berkshire Hathaway Inc. Class B 0.13% 1,198 $599K Add +11.1%
VOO Vanguard S&P 500 ETF 0.12% 819 $563K No change
CASY Casey's General Stores Inc. 0.12% 702 $558K No change
HPE Hewlett Packard Enterprise 0.12% 11,819 $533K Reduce -6.9%
LRCX Lam Research Corp. 0.12% 1,210 $524K No change
ESGV Vanguard ESG US Stock ETF 0.12% 3,961 $524K Add +0.2%
EEM iShares MSCI Emerging Market 0.11% 7,314 $500K No change
SCHX Schwab US Large-Cap ETF 0.10% 15,379 $453K Add +0.1%
SCHB Schwab US Broad Market ETF 0.10% 15,463 $448K Add +73.0%
CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT 0.10% 10,506 $445K Add +5.3%
ISRG Intuitive Surgical Inc. 0.10% 1,111 $442K No change
DFSB Dim GLB Sustain Fix Inc. ETF 0.10% 8,455 $441K Add +6.5%
VB Vanguard Most SM-Cap ETF-Usd 0.09% 1,403 $425K No change
AMAT Applied Materials Inc. 0.09% 544 $393K New
LLY Eli Lilly & Co. 0.09% 323 $387K Add +0.9%
COST Costco Wholesale Corp. 0.08% 411 $384K Add +0.2%
SCHF Schwab Intl Equity ETF 0.08% 13,039 $361K Add +10.1%
FDN First Trust DJ Internet Ind 0.08% 1,305 $345K Add +8.3%
A Agilent Technologies Inc. 0.08% 2,573 $342K No change
KEYS Keysight Technologies Inc. 0.07% 929 $325K No change
RBLX Roblox Corp. Class A 0.07% 5,973 $325K No change
ABBV Abbvie Inc. 0.07% 1,251 $315K Add +0.2%
MRK Merck & Co. Inc. 0.07% 2,357 $303K No change
VXUS Vanguard Total Intl Stock 0.07% 3,538 $302K No change
DE Deere & Co. 0.06% 461 $292K No change
FYX First Trust Small Cap Core A 0.06% 1,974 $285K No change
AVEM Avantis Emerging Markets Eq 0.06% 2,938 $283K Add +0.2%
SHOP Shopify Inc. Class A 0.06% 2,300 $263K No change
IJH iShares Core S&P Midcap ETF 0.06% 3,283 $253K Add +0.1%
FXL First Trust Technology Alpha 0.05% 1,127 $245K New
FNX First Trust Mid Cap Core Alp 0.05% 1,648 $241K Reduce -20.9%
AGG iShares Core U.S. Aggregate 0.05% 2,364 $234K Add +4.6%
CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET 0.05% 5,207 $232K No change
DFCA Dimensional Calfornia MB ETF 0.05% 4,529 $227K New
VONG Vanguard Russell 1000 Growth 0.05% 1,701 $217K New
CGGR Cap Group Growth Equity 0.05% 4,578 $216K New
HD Home Depot Inc. 0.05% 608 $214K New
SBUX Starbucks Corp. 0.05% 2,011 $206K New
AXP American Express Co. 0.04% 595 $201K New

Portfolio Sells Q1 2026 → Q2 2026
SGOV iShares 0-3 Month Treasury B Reduce -36.0% 7.59% −5.70
HPQ HP Inc. Sold out 0.00% −0.08
LRN Stride Inc. Sold out 0.00% −0.05
AVDE Avantis International Equity Reduce -0.6% 0.73% −0.05
DFAT Dimensional US Target Value Reduce -1.1% 4.23% −0.05
AVGE Avantis All Eqty Mrkts ETF Sold out 0.00% −0.05
DFSU Dimensional US Sus CORE1 ETF Reduce -2.4% 1.15% −0.01
FNX First Trust Mid Cap Core Alp Reduce -20.9% 0.05% −0.01
DFSE Dimensional Em Sus CORE1 ETF Reduce -3.1% 0.21% −0.00
IWB iShares Russell 1000 ETF Reduce -0.7% 1.33% +0.02
IWM iShares Russell 2000 ETF Reduce -2.7% 0.50% +0.02
HPE Hewlett Packard Enterprise Reduce -6.9% 0.12% +0.04
MU Micron Technology Inc. Reduce -39.6% 0.18% +0.08
DFAS Dimensional US Small Cap ETF Reduce -1.0% 3.89% +0.09
USB US Bancorp Reduce -0.1% 2.86% +0.09

Portfolio Buys Q1 2026 → Q2 2026
DUSB Dimension Ultrashort Fi ETF Add +640.8% 3.94% +3.34
DFAC Dimensional US Core Equity 2 Add +5.7% 15.45% +1.08
TXN Texas Instruments Inc. New 0.90% +0.90
DFEM Dimensional Emrg MRKT Core Add +4.4% 5.00% +0.43
DCOR Dimensional US Core Eq 1 ETF Add +8.7% 2.32% +0.22
QQQ Invesco QQQ Trust Series 1 Add +2.1% 0.89% +0.12
DFSV Dimensional US Small Cap Val Add +5.5% 2.53% +0.10
AMAT Applied Materials Inc. New 0.09% +0.09
DFAW Dimensional World Eqty ETF Add +17.6% 0.56% +0.08
TSLA Tesla Inc. Add +108.0% 0.14% +0.07
FXL First Trust Technology Alpha New 0.05% +0.05
DFCA Dimensional Calfornia MB ETF New 0.05% +0.05
NVDA Nvidia Corp. Add +1.9% 1.22% +0.05
VONG Vanguard Russell 1000 Growth New 0.05% +0.05
CGGR Cap Group Growth Equity New 0.05% +0.05
HD Home Depot Inc. New 0.05% +0.05
SBUX Starbucks Corp. New 0.05% +0.05
AXP American Express Co. New 0.04% +0.04
SCHB Schwab US Broad Market ETF Add +73.0% 0.10% +0.04
SPY SS SPDR S&P 500 ETF Trust-US Add +6.5% 0.41% +0.03
AAPL Apple Inc. Add +0.7% 1.42% +0.03
GOOGL Alphabet Inc. Class A Add +3.2% 0.25% +0.03
DIA SS SPDR Dow Jones Indus Avg Add +7.0% 0.35% +0.03
CGGO Cap Group Global Growth Add +5.3% 0.10% +0.02
LLY Eli Lilly & Co. Add +0.9% 0.09% +0.01
VTI VG Morningstar TS MKT ETF-US Add +0.9% 0.35% +0.01
DFUV Dimensional US Marketwide Va Add +0.1% 0.90% +0.01
AMZN Amazon.com Inc. Add +1.5% 0.30% +0.01
SCHF Schwab Intl Equity ETF Add +10.1% 0.08% +0.01
FDN First Trust DJ Internet Ind Add +8.3% 0.08% +0.01
ESGV Vanguard ESG US Stock ETF Add +0.2% 0.12% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +11.1% 0.13% +0.00
AVEM Avantis Emerging Markets Eq Add +0.2% 0.06% +0.00
VT Vanguard Tot World STK ETF Add +0.0% 0.27% +0.00
JPM JPMorgan Chase & Co. Add +1.7% 0.31% +0.00
SCHX Schwab US Large-Cap ETF Add +0.1% 0.10% +0.00
ABBV Abbvie Inc. Add +0.2% 0.07% +0.00
IJH iShares Core S&P Midcap ETF Add +0.1% 0.06% +0.00
VTV Vanguard Mrngstr Val ETF-Aui Add +1.2% 0.32% +0.00
AGG iShares Core U.S. Aggregate Add +4.6% 0.05% −0.00
DFSB Dim GLB Sustain Fix Inc. ETF Add +6.5% 0.10% −0.00
COST Costco Wholesale Corp. Add +0.2% 0.08% −0.02
DFSI Dimensional Int Sus COR1 ETF Add +1.1% 0.92% −0.04
DFAX Dimensional World Ex US Core Add +0.4% 1.64% −0.05
DFGR Dim Global Real Estate ETF Add +1.3% 3.54% −0.05
MSFT Microsoft Corp. Add +1.6% 0.65% −0.06
DFIC Dimensional International Co. Add +4.6% 19.58% −0.43
DFCF Dimensional Core Fixed Inc. Add +0.2% 7.68% −0.92

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 83$453.0MDFIC, DFAC, DFCF, SGOV, DFEM
Q1 2026 77$404.0MDFIC, DFAC, SGOV, DFCF, DFEM
Q4 2025 80$403.8MDFIC, SGOV, DFAC, DFCF, DFAT
Q3 2025 81$392.3MDFIC, SGOV, DFAC, DFCF, DFAT
Q2 2025 72$356.8MDFIC, SGOV, DFAC, DFCF, DFAT
Q1 2025 66$312.7MDFIC, SGOV, DFAC, DFCF, DFAT