Aspen Grove Capital, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Aspen Grove Capital, LLC reported 205 stock positions worth $594.3 million. Its top holding was Booking (BKNG) at 15.5% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 8.7%) and Meta Platforms Class A (META, 5.7%). Compared with Q2 2025, it opened 12 new positions, sold out of 42, added to 47 and reduced 115. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +24%) and the biggest sale an exit from Atlanta Braves Holdings in-C (BATRK).
- Most Recent 13F
- Q2 2026
- Location
- AVON, CO
- CIK
- 0001806027
- Portfolio Value
- $594.3M (Q3 2025)
- SEC Filing
- 0001806027-25-000003 ↗ filed Nov 14, 2025
Holdings Value
Holdings 205 stocks · $594.3M
| BKNG Booking Holdings Inc. | 15.54% | 17,103 | $92.3M | Reduce -0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 8.72% | 77,616 | $51.9M | Add +24.2% |
| META Meta Platforms Inc. Class A | 5.74% | 46,424 | $34.1M | Add +6.6% |
| IVV iShares Core S&P 500 ETF | 4.85% | 43,029 | $28.8M | Add +0.3% |
| VEA Vanguard Ftse Developed ETF | 4.82% | 478,246 | $28.7M | Reduce -2.0% |
| VTI VG Morningstar TS MKT ETF-US | 4.23% | 76,347 | $25.1M | Reduce -1.3% |
| GOOGL Alphabet Inc. Class A | 3.28% | 80,136 | $19.5M | Reduce -2.0% |
| GOOG Alphabet Inc. Class C | 3.01% | 73,497 | $17.9M | Reduce -12.6% |
| AAPL Apple Inc. | 2.88% | 67,191 | $17.1M | Reduce -8.9% |
| VIG Vanguard Dividend Apprec ETF | 2.54% | 69,800 | $15.1M | No change |
| AMZN Amazon.com Inc. | 2.44% | 65,922 | $14.5M | Reduce -5.0% |
| VOO Vanguard S&P 500 ETF | 2.29% | 22,194 | $13.6M | Add +2.7% |
| VLY Valley National Bancorp | 2.00% | 1,110,391 | $11.9M | Reduce -4.0% |
| VT Vanguard Tot World STK ETF | 1.96% | 84,511 | $11.6M | Add +0.8% |
| EWW iShares MSCI Mexico ETF | 1.55% | 134,801 | $9.2M | Add +4.2% |
| MSFT Microsoft Corp. | 1.44% | 16,553 | $8.6M | Reduce -10.3% |
| INDA iShares MSCI India ETF | 1.39% | 158,199 | $8.2M | Add +60.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.38% | 28,982 | $8.2M | Reduce -0.6% |
| SDY SS SPDR S&P Dividend ETF | 1.19% | 50,323 | $7.0M | Reduce -1.7% |
| AXON Axon Enterprise Inc. | 1.11% | 9,222 | $6.6M | Add +399.6% |
| NVDA Nvidia Corp. | 0.99% | 31,593 | $5.9M | Reduce -17.8% |
| AVGO Broadcom Inc. | 0.84% | 15,099 | $5.0M | Reduce -7.5% |
| EUFN iShares MSCI Europe Financia | 0.83% | 143,097 | $4.9M | Reduce -13.5% |
| HD Home Depot Inc. | 0.78% | 11,467 | $4.6M | Reduce -2.0% |
| RY Royal Bank of Canada | 0.66% | 26,437 | $3.9M | Reduce -1.2% |
| VWO Vanguard Ftse Emerging Marke | 0.64% | 70,074 | $3.8M | Add +0.6% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.64% | 34,790 | $3.8M | Reduce -0.7% |
| CCAP Crescent Capital BDC Inc. | 0.63% | 268,404 | $3.8M | Add +3.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.62% | 7,726 | $3.7M | Reduce -1.7% |
| LLY Eli Lilly & Co. | 0.55% | 4,253 | $3.2M | Reduce -3.4% |
| VTWO Vanguard Russell 2000 ETF | 0.54% | 32,722 | $3.2M | No change |
| WFC Wells Fargo & Co. | 0.53% | 37,675 | $3.2M | Reduce -2.0% |
| SCHD Schwab US DVD Equity ETF | 0.50% | 109,187 | $3.0M | Add +6.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.49% | 15,560 | $2.9M | Add +0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.48% | 5,618 | $2.8M | Reduce -6.3% |
| MS Morgan Stanley | 0.42% | 15,764 | $2.5M | Reduce -6.9% |
| PPH Vaneck Pharmaceutical ETF | 0.40% | 26,023 | $2.4M | Add +0.7% |
| SCHG Schwab US Large-Cap Growth | 0.39% | 72,680 | $2.3M | Reduce -2.0% |
| SCHV Schwab US Large-Cap Value | 0.38% | 76,905 | $2.2M | Reduce -1.3% |
| LULU Lululemon Athletica Inc. | 0.37% | 12,336 | $2.2M | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 0.36% | 6,739 | $2.1M | Reduce -12.5% |
| SCHM Schwab US Mid Cap ETF | 0.36% | 71,294 | $2.1M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.34% | 39,623 | $2.0M | Reduce -33.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.34% | 7,218 | $2.0M | Reduce -9.2% |
| VFH Vanguard Financials ETF | 0.32% | 14,710 | $1.9M | Reduce -15.1% |
| EWJ iShares MSCI Japan ETF | 0.32% | 23,619 | $1.9M | No change |
| BX Blackstone Inc. | 0.32% | 10,963 | $1.9M | Add +0.3% |
| UBER Uber Technologies Inc. | 0.31% | 18,933 | $1.9M | Add +3.6% |
| LYV Live Nation Entertainment Inc. | 0.30% | 10,878 | $1.8M | Reduce -0.5% |
| MA Mastercard Inc. Class A | 0.29% | 2,987 | $1.7M | Reduce -11.3% |
| BBH Vaneck Biotech ETF | 0.28% | 9,978 | $1.7M | No change |
| PFE Pfizer Inc. | 0.27% | 62,306 | $1.6M | Add +1.5% |
| IWF iShares Russell 1000 Growth | 0.27% | 3,375 | $1.6M | Add +40.6% |
| RKT Rocket Cos Inc. Class A | 0.26% | 80,000 | $1.6M | No change |
| UNH Unitedhealth Group Inc. | 0.26% | 4,472 | $1.5M | Add +64.4% |
| KBE SS SPDR S&P Bank ETF | 0.26% | 25,920 | $1.5M | Reduce -13.4% |
| TSLA Tesla Inc. | 0.24% | 3,259 | $1.4M | Reduce -17.6% |
| XES SS SPDR S&P Og Eqp & Serv | 0.24% | 20,010 | $1.4M | Add +0.5% |
| SCHA Schwab US Small-Cap ETF | 0.23% | 48,951 | $1.4M | Add +0.1% |
| GSK GSK PLC-Spon ADR | 0.21% | 28,959 | $1.3M | Reduce -17.0% |
| YOU Clear Secure Inc. Class A | 0.21% | 37,202 | $1.2M | No change |
| MSI Motorola Solutions Inc. | 0.20% | 2,596 | $1.2M | Reduce -7.8% |
| COIN Coinbase Global Inc. Class A | 0.19% | 3,419 | $1.2M | Reduce -11.4% |
| SCHF Schwab Intl Equity ETF | 0.19% | 48,935 | $1.1M | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.19% | 12,655 | $1.1M | No change |
| HOOD Robinhood Markets Inc. Class A | 0.19% | 7,749 | $1.1M | Add +0.1% |
| HON Honeywell International Inc. | 0.17% | 4,923 | $1.0M | Reduce -3.3% |
| VYM Vanguard High DVD Yield ETF | 0.17% | 7,346 | $1.0M | Add +0.4% |
| VGK Vanguard Ftse Europe ETF | 0.17% | 12,826 | $1.0M | Add +0.3% |
| XOM Exxon Mobil Corp. | 0.17% | 9,046 | $1.0M | Reduce -18.2% |
| PM Philip Morris International | 0.17% | 6,110 | $991K | Reduce -9.4% |
| EFA iShares MSCI Eafe ETF | 0.15% | 9,653 | $901K | Add +89.7% |
| IWD iShares Russell 1000 Value E | 0.14% | 4,058 | $826K | New |
| AMGN Amgen Inc. | 0.14% | 2,880 | $813K | Reduce -3.5% |
| DHR Danaher Corp. | 0.13% | 3,968 | $788K | Reduce -14.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.13% | 1 | $754K | No change |
| NFLX Netflix Inc. | 0.12% | 607 | $728K | Reduce -16.9% |
| DVY iShares Select Dividend ETF | 0.12% | 4,969 | $706K | Reduce -22.7% |
| RKLB Rocket Lab Corp. | 0.12% | 14,700 | $704K | No change |
| COST Costco Wholesale Corp. | 0.12% | 742 | $687K | Reduce -12.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.12% | 2,683 | $685K | Add +0.1% |
| SNAP Snap Inc. Class A | 0.11% | 87,670 | $676K | No change |
| GGG Graco Inc. | 0.11% | 7,617 | $647K | No change |
| SRTA Strata Critical Medical Inc. | 0.11% | 125,000 | $633K | No change |
| V Visa Inc. Class A | 0.11% | 1,845 | $630K | Reduce -21.1% |
| LIN Linde PLC | 0.10% | 1,309 | $622K | Reduce -21.8% |
| JNJ Johnson & Johnson | 0.10% | 3,319 | $616K | Reduce -20.2% |
| EPD Enterprise Products Partners | 0.10% | 19,077 | $597K | Add +17.3% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.10% | 15,025 | $595K | No change |
| ORCL Oracle Corp. | 0.10% | 2,096 | $589K | Reduce -28.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.10% | 1,958 | $578K | Add +0.2% |
| DELL Dell Technologies -C | 0.09% | 3,805 | $539K | Reduce -2.0% |
| ABBV Abbvie Inc. | 0.09% | 2,252 | $521K | Reduce -8.5% |
| ET Energy Transfer LP | 0.09% | 30,001 | $515K | No change |
| VST Vistra Corp. | 0.09% | 2,590 | $508K | Reduce -0.1% |
| WMT Walmart Inc. | 0.08% | 4,793 | $494K | Reduce -15.7% |
| SE Sea Ltd.-ADR | 0.08% | 2,711 | $485K | Reduce -9.2% |
| BABA Alibaba Group Holding-SP ADR | 0.08% | 2,689 | $481K | Add +1.7% |
| ASML ASML Holding NV-NY Reg SHS | 0.08% | 490 | $475K | Reduce -28.1% |
| DUK Duke Energy Corp. | 0.08% | 3,722 | $461K | Reduce -10.1% |
Portfolio Sells Q2 2025 → Q3 2025
| BATRK Atlanta Braves Holdings in-C | Sold out | 0.00% | −2.77 |
| BKNG Booking Holdings Inc. | Reduce -0.1% | 15.54% | −1.30 |
| BATRA Atlanta Braves Holdings in-A | Sold out | 0.00% | −0.39 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −0.27 |
| KWEB Kranesh Csi China Internet | Sold out | 0.00% | −0.18 |
| AMZN Amazon.com Inc. | Reduce -5.0% | 2.44% | −0.15 |
| BAC Bank of America Corp. | Reduce -33.7% | 0.34% | −0.14 |
| LULU Lululemon Athletica Inc. | Reduce -0.4% | 0.37% | −0.13 |
| MSFT Microsoft Corp. | Reduce -10.3% | 1.44% | −0.12 |
| LBRDA Liberty Broadband-A | Sold out | 0.00% | −0.12 |
| SONY Sony Group Corp. - SP ADR | Sold out | 0.00% | −0.11 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.09 |
| SCHW Schwab (charles) Corp. | Reduce -73.1% | 0.03% | −0.09 |
| IBM Intl Business Machines Corp. | Reduce -0.6% | 1.38% | −0.08 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.08 |
| SAP Sap SE-Sponsored ADR | Reduce -40.8% | 0.07% | −0.06 |
| EUFN iShares MSCI Europe Financia | Reduce -13.5% | 0.83% | −0.06 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.06 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.06 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.06 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.05 |
| SAN Banco Santander SA-Spon ADR | Sold out | 0.00% | −0.05 |
| VFH Vanguard Financials ETF | Reduce -15.1% | 0.32% | −0.05 |
| BTI British American Tob-SP ADR | Sold out | 0.00% | −0.05 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.05 |
| HDB HDFC Bank Ltd.-ADR | Sold out | 0.00% | −0.05 |
| VXF Vanguard Extended Market ETF | Sold out | 0.00% | −0.05 |
| BAM Brookfield Asset Mgmt-A | Sold out | 0.00% | −0.05 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.05 |
| HLN Haleon PLC-ADR | Reduce -36.4% | 0.05% | −0.05 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.04 |
| LYG Lloyds Banking Group PLC-ADR | Sold out | 0.00% | −0.04 |
| NFLX Netflix Inc. | Reduce -16.9% | 0.12% | −0.04 |
| PM Philip Morris International | Reduce -9.4% | 0.17% | −0.04 |
| OWL Blue Owl Capital Inc. | Sold out | 0.00% | −0.04 |
| INTU Intuit Inc. | Sold out | 0.00% | −0.04 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.04 |
| NVDA Nvidia Corp. | Reduce -17.8% | 0.99% | −0.04 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -34.2% | 0.07% | −0.04 |
| NVS Novartis AG-Sponsored ADR | Sold out | 0.00% | −0.04 |
| COP Conocophillips | Sold out | 0.00% | −0.04 |
| THD iShares MSCI Thailand ETF | Sold out | 0.00% | −0.04 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -3.4% | 0.55% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -28.7% | 0.06% | −0.04 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.04 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.04 |
| KO The Coca-Cola Co. | Reduce -35.2% | 0.06% | −0.04 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Add +24.2% | 8.72% | +2.15 |
| AXON Axon Enterprise Inc. | Add +399.6% | 1.11% | +0.85 |
| INDA iShares MSCI India ETF | Add +60.3% | 1.39% | +0.45 |
| IVV iShares Core S&P 500 ETF | Add +0.3% | 4.85% | +0.32 |
| META Meta Platforms Inc. Class A | Add +6.6% | 5.74% | +0.27 |
| EWW iShares MSCI Mexico ETF | Add +4.2% | 1.55% | +0.22 |
| VOO Vanguard S&P 500 ETF | Add +2.7% | 2.29% | +0.20 |
| IWD iShares Russell 1000 Value E | New | 0.14% | +0.14 |
| VT Vanguard Tot World STK ETF | Add +0.8% | 1.96% | +0.13 |
| UNH Unitedhealth Group Inc. | Add +64.4% | 0.26% | +0.12 |
| IWF iShares Russell 1000 Growth | Add +40.6% | 0.27% | +0.09 |
| EFA iShares MSCI Eafe ETF | Add +89.7% | 0.15% | +0.07 |
| INFY Infosys Ltd.-SP ADR | New | 0.06% | +0.06 |
| HOOD Robinhood Markets Inc. Class A | Add +0.1% | 0.19% | +0.06 |
| DBEF Xtrackers MSCI Eafe Hedged E | New | 0.05% | +0.05 |
| VWO Vanguard Ftse Emerging Marke | Add +0.6% | 0.64% | +0.05 |
| BN Brookfield Corp. | New | 0.05% | +0.05 |
| APP AppLovin Corp. Class A | New | 0.05% | +0.05 |
| ANET Arista Networks Inc. | New | 0.04% | +0.04 |
| SCHD Schwab US DVD Equity ETF | Add +6.9% | 0.50% | +0.04 |
| BX Blackstone Inc. | Add +0.3% | 0.32% | +0.04 |
| IBKR Interactive Brokers Gro Class A | New | 0.04% | +0.04 |
| GEV GE Vernova Inc. | New | 0.04% | +0.04 |
| FANG Diamondback Energy Inc. | New | 0.04% | +0.04 |
| EFX Equifax Inc. | New | 0.04% | +0.04 |
| CPNG Coupang Inc. | New | 0.03% | +0.03 |
| DHI D.R. Horton Inc. | New | 0.03% | +0.03 |
| BABA Alibaba Group Holding-SP ADR | Add +1.7% | 0.08% | +0.03 |
| XES SS SPDR S&P Og Eqp & Serv | Add +0.5% | 0.24% | +0.03 |
| UBER Uber Technologies Inc. | Add +3.6% | 0.31% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.2% | 0.49% | +0.02 |
| SCHA Schwab US Small-Cap ETF | Add +0.1% | 0.23% | +0.02 |
| SCHM Schwab US Mid Cap ETF | Add +0.1% | 0.36% | +0.02 |
| EPD Enterprise Products Partners | Add +17.3% | 0.10% | +0.01 |
| PFE Pfizer Inc. | Add +1.5% | 0.27% | +0.01 |
| MDY State Street SPDR S&P Midcap | Add +32.9% | 0.05% | +0.01 |
| SIMO Silicon Motion Technol-ADR | Add +3.0% | 0.06% | +0.01 |
| NRG NRG Energy Inc. | Add +20.8% | 0.07% | +0.01 |
| PPH Vaneck Pharmaceutical ETF | Add +0.7% | 0.40% | +0.01 |
| CCAP Crescent Capital BDC Inc. | Add +3.4% | 0.63% | +0.01 |
| VYM Vanguard High DVD Yield ETF | Add +0.4% | 0.17% | +0.01 |
| AMX America Movil Sab DE CV | Add +2.6% | 0.05% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.1% | 0.12% | +0.01 |
| IWC iShares Micro-Cap ETF | Add +0.1% | 0.05% | +0.01 |
| SHG Shinhan Financial Group-ADR | Add +2.0% | 0.06% | +0.01 |
| ASX Ase Technology Holding -ADR | Add +2.5% | 0.06% | +0.01 |
| VALE Vale SA-SP ADR | Add +3.5% | 0.04% | +0.00 |
| TPG TPG Inc. | Add +1.0% | 0.05% | +0.00 |
| VGK Vanguard Ftse Europe ETF | Add +0.3% | 0.17% | +0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.2% | 0.10% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 214 | $694.5M | FWONK, SPY, FWONA, IVV, GOOGL |
| Q1 2026 | 200 | $514.1M | SPY, META, IVV, BKNG, VEA |
| Q4 2025 | 204 | $576.7M | BKNG, SPY, META, IVV, VTI |
| Q3 2025 | 205 | $594.3M | BKNG, SPY, META, IVV, VEA |
| Q2 2025 | 235 | $588.3M | BKNG, SPY, META, VEA, IVV |
| Q1 2025 | 232 | $520.1M | BKNG, BATRK, SPY, IVV, VTI |
| Q4 2024 | 203 | $471.5M | BKNG, SPY, IVV, VTI, AAPL |
| Q3 2024 | 205 | $452.5M | BKNG, SPY, IVV, VT, VTI |
| Q2 2024 | 206 | $424.8M | BKNG, SPY, IVV, VT, VEA |
| Q1 2024 | 207 | $353.5M | SPY, VT, IVV, VEA, VTI |