Aspen Wealth Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Aspen Wealth Management LLC reported 86 stock positions worth $353.4 million. Its top holding was Dimensional US Eq MKT ETF (DFUS) at 10.2% of the portfolio, followed by iShares MSCI USA Quality Fac (QUAL, 10.2%) and Dimensional International (DFIC, 10.0%). Compared with Q4 2024, it opened 3 new positions, sold out of 3, added to 55 and reduced 18. The biggest buy was Dimensional International (DFIC, shares +11%) and the biggest sale Vanguard Total Intl Bond ETF (BNDX, shares −35%).
- Most Recent 13F
- Q2 2026
- Location
- FORT WORTH, TX
- CIK
- 0001895252
- Portfolio Value
- $353.4M (Q1 2025)
- SEC Filing
- 0001895252-25-000007 ↗ filed Apr 23, 2025
Holdings Value
Holdings 86 stocks · $353.4M
| DFUS Dimensional US Eq MKT ETF | 10.23% | 597,699 | $36.1M | Add +12.4% |
| QUAL iShares MSCI USA Quality Fac | 10.20% | 210,911 | $36.0M | Add +6.1% |
| DFIC Dimensional International Co. | 10.05% | 1,278,509 | $35.5M | Add +11.0% |
| JCPB JPMorgan Core Plus Bond ETF | 7.33% | 550,507 | $25.9M | Add +18.0% |
| DFAC Dimensional US Core Equity 2 | 7.23% | 774,592 | $25.6M | Reduce -0.8% |
| IUSG iShares Core S&P U.S. Growth | 6.93% | 192,596 | $24.5M | Add +8.1% |
| DFAT Dimensional US Target Value | 5.34% | 366,488 | $18.9M | Add +15.3% |
| VWO Vanguard Ftse Emerging Marke | 4.39% | 342,538 | $15.5M | Add +10.5% |
| JMUB JPMorgan Municipal ETF | 3.62% | 255,491 | $12.8M | Add +2.2% |
| JPST JPMorgan Ultra-Short Income | 3.20% | 223,513 | $11.3M | Add +1.6% |
| DFAR Dimensional US Real Est ETF | 2.31% | 343,095 | $8.2M | Add +4.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.11% | 13,331 | $7.5M | Add +26.6% |
| VIG Vanguard Dividend Apprec ETF | 1.97% | 35,819 | $6.9M | Reduce -4.9% |
| DFAI Dimensional International Co. | 1.76% | 199,202 | $6.2M | Add +0.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.41% | 13,424 | $5.0M | Reduce -1.4% |
| XOM Exxon Mobil Corp. | 1.41% | 41,752 | $5.0M | Add +0.3% |
| DFAU Dimensional US Core Equity M | 1.26% | 116,007 | $4.5M | Add +21.7% |
| BNDX Vanguard Total Intl Bond ETF | 1.23% | 89,387 | $4.4M | Reduce -35.4% |
| SUB iShares Short-Term National | 1.16% | 38,897 | $4.1M | Reduce -8.0% |
| DUHP Dimensional US High Profi Et | 1.11% | 118,495 | $3.9M | Add +10.1% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.86% | 59,873 | $3.0M | Add +11.1% |
| ITOT iShares Core S&P Total U.S. | 0.85% | 24,563 | $3.0M | Add +109.3% |
| AAPL Apple Inc. | 0.73% | 11,632 | $2.6M | Reduce -0.1% |
| MUB iShares National Muni Bond E | 0.64% | 21,531 | $2.3M | Add +49.7% |
| DFNM Dimensional National Muni BD | 0.62% | 46,034 | $2.2M | Add +13.7% |
| PB Prosperity Bancshares Inc. | 0.61% | 30,000 | $2.1M | Reduce -3.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.53% | 28,350 | $1.9M | Add +0.3% |
| VOO Vanguard S&P 500 ETF | 0.49% | 3,337 | $1.7M | Add +0.4% |
| MSFT Microsoft Corp. | 0.49% | 4,567 | $1.7M | Add +2.0% |
| DFAS Dimensional US Small Cap ETF | 0.48% | 28,653 | $1.7M | Add +9.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 3,113 | $1.7M | No change |
| WMT Walmart Inc. | 0.45% | 17,927 | $1.6M | Add +0.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.43% | 19,087 | $1.5M | Reduce -25.8% |
| DFEM Dimensional Emrg MRKT Core | 0.43% | 56,878 | $1.5M | Add +3.8% |
| SHYM iShares Short Duration High | 0.40% | 62,834 | $1.4M | Add +3.9% |
| COST Costco Wholesale Corp. | 0.36% | 1,353 | $1.3M | Add +1.5% |
| IWF iShares Russell 1000 Growth | 0.33% | 3,210 | $1.2M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 0.32% | 4,596 | $1.1M | Add +1.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.29% | 5,895 | $1.0M | Reduce -0.1% |
| IAGG iShares Intl Aggregate Bond | 0.29% | 20,323 | $1.0M | Reduce -9.9% |
| LMT Lockheed Martin Corp. | 0.28% | 2,225 | $994K | Add +1.4% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.27% | 3,692 | $949K | Add +0.3% |
| IVV iShares Core S&P 500 ETF | 0.27% | 1,682 | $945K | Add +0.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 3,362 | $924K | Add +0.7% |
| FFIN First Finl Bankshares Inc. | 0.26% | 25,630 | $921K | No change |
| DGRO iShares Core Dividend Growth | 0.25% | 14,516 | $897K | Add +0.5% |
| IXUS iShares Core Intl Stock ETF | 0.24% | 11,940 | $834K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.20% | 9,363 | $708K | Reduce -0.8% |
| EFA iShares MSCI Eafe ETF | 0.20% | 8,476 | $693K | No change |
| USRT iShares Core US REIT ETF | 0.19% | 11,367 | $655K | Reduce -0.5% |
| GRFS Grifols SA-ADR | 0.17% | 86,466 | $615K | No change |
| CVX Chevron Corp. | 0.17% | 3,504 | $586K | Add +0.4% |
| JNJ Johnson & Johnson | 0.15% | 3,147 | $522K | Add +0.3% |
| VYM Vanguard High DVD Yield ETF | 0.14% | 3,930 | $507K | Add +4.8% |
| PG The Procter & Gamble Co. | 0.14% | 2,964 | $505K | Reduce -2.5% |
| CFR Cullen/Frost Bankers Inc. | 0.13% | 3,770 | $472K | Add +2.1% |
| NVS Novartis AG-Sponsored ADR | 0.13% | 4,222 | $471K | No change |
| AMZN Amazon.com Inc. | 0.11% | 2,031 | $386K | Add +2.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.11% | 2,060 | $384K | New |
| ILCB iShares Morningstar U.S. Equ | 0.11% | 4,896 | $378K | Add +0.3% |
| RF Regions Financial Corp. | 0.10% | 16,939 | $368K | Add +1.1% |
| DFCF Dimensional Core Fixed Inc. | 0.10% | 8,620 | $363K | Add +33.9% |
| ET Energy Transfer LP | 0.10% | 18,119 | $337K | Add +3.2% |
| IJR iShares Core S&P Small-Cap E | 0.09% | 3,116 | $326K | Reduce -0.7% |
| LOW Lowe's Cos Inc. | 0.09% | 1,394 | $325K | Add +4.7% |
| GOOG Alphabet Inc. Class C | 0.09% | 2,032 | $317K | Add +0.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.09% | 975 | $301K | Add +0.1% |
| GLD SPDR Gold Shares | 0.08% | 1,011 | $291K | No change |
| EEMV iShares MSCI Emg MKT Min Vol | 0.08% | 4,847 | $283K | No change |
| ABBV Abbvie Inc. | 0.08% | 1,326 | $278K | Reduce -3.1% |
| JPIE JPMorgan Income ETF | 0.08% | 5,826 | $268K | Reduce -43.4% |
| LLY Eli Lilly & Co. | 0.07% | 314 | $259K | No change |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.07% | 5,195 | $258K | Add +0.5% |
| GD General Dynamics Corp. | 0.07% | 909 | $248K | Add +0.6% |
| IUSV iShares Core S&P U.S. Value | 0.07% | 2,681 | $247K | Add +0.4% |
| HD Home Depot Inc. | 0.07% | 673 | $247K | Add +4.8% |
| MLM Martin Marietta Materials | 0.07% | 511 | $245K | Add +2.4% |
| NOBL Proshares S&P 500 Dividend A | 0.07% | 2,382 | $243K | Reduce -1.0% |
| DFGP Dimensional GLBL Core PL Fix | 0.07% | 4,494 | $240K | Add +14.6% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.07% | 3,516 | $239K | Add +0.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.06% | 5,416 | $221K | Add +0.7% |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | 0.06% | 4,105 | $214K | New |
| OKE Oneok Inc. | 0.06% | 2,144 | $213K | Add +1.1% |
| DFSD Dimensional Short Duration | 0.06% | 4,289 | $204K | Reduce -0.7% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.06% | 5,550 | $202K | New |
| SABR Sabre Corp. | 0.03% | 43,534 | $122K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| BNDX Vanguard Total Intl Bond ETF | Reduce -35.4% | 1.23% | −0.78 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.8% | 7.23% | −0.77 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.4% | 1.41% | −0.25 |
| VIG Vanguard Dividend Apprec ETF | Reduce -4.9% | 1.97% | −0.22 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -25.8% | 0.43% | −0.17 |
| SUB iShares Short-Term National | Reduce -8.0% | 1.16% | −0.16 |
| AAPL Apple Inc. | Reduce -0.1% | 0.73% | −0.13 |
| HYD Vaneck High Yield Muni ETF | Sold out | 0.00% | −0.10 |
| PB Prosperity Bancshares Inc. | Reduce -3.2% | 0.61% | −0.09 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.07 |
| JPIE JPMorgan Income ETF | Reduce -43.4% | 0.08% | −0.06 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.06 |
| IAGG iShares Intl Aggregate Bond | Reduce -9.9% | 0.29% | −0.05 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.7% | 0.09% | −0.01 |
| USRT iShares Core US REIT ETF | Reduce -0.5% | 0.19% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -2.5% | 0.14% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.1% | 0.29% | −0.01 |
| DFSD Dimensional Short Duration | Reduce -0.7% | 0.06% | −0.00 |
| NOBL Proshares S&P 500 Dividend A | Reduce -1.0% | 0.07% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.8% | 0.20% | +0.00 |
| ABBV Abbvie Inc. | Reduce -3.1% | 0.08% | +0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| DFIC Dimensional International Co. | Add +11.0% | 10.05% | +1.23 |
| JCPB JPMorgan Core Plus Bond ETF | Add +18.0% | 7.33% | +0.96 |
| ITOT iShares Core S&P Total U.S. | Add +109.3% | 0.85% | +0.40 |
| VWO Vanguard Ftse Emerging Marke | Add +10.5% | 4.39% | +0.34 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +26.6% | 2.11% | +0.28 |
| MUB iShares National Muni Bond E | Add +49.7% | 0.64% | +0.19 |
| DFUS Dimensional US Eq MKT ETF | Add +12.4% | 10.23% | +0.18 |
| DFAU Dimensional US Core Equity M | Add +21.7% | 1.26% | +0.12 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.11% | +0.11 |
| DFAT Dimensional US Target Value | Add +15.3% | 5.34% | +0.10 |
| XOM Exxon Mobil Corp. | Add +0.3% | 1.41% | +0.08 |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | New | 0.06% | +0.06 |
| SPDW Ste STR SPDR PT DW Eu ETF | New | 0.06% | +0.06 |
| JMST JPM Ultra-Short Muni Income | Add +11.1% | 0.86% | +0.05 |
| DFNM Dimensional National Muni BD | Add +13.7% | 0.62% | +0.05 |
| DFAR Dimensional US Real Est ETF | Add +4.4% | 2.31% | +0.04 |
| DFAI Dimensional International Co. | Add +0.2% | 1.76% | +0.04 |
| DUHP Dimensional US High Profi Et | Add +10.1% | 1.11% | +0.03 |
| DFCF Dimensional Core Fixed Inc. | Add +33.9% | 0.10% | +0.02 |
| CVX Chevron Corp. | Add +0.4% | 0.17% | +0.02 |
| JNJ Johnson & Johnson | Add +0.3% | 0.15% | +0.01 |
| DFGP Dimensional GLBL Core PL Fix | Add +14.6% | 0.07% | +0.01 |
| VYM Vanguard High DVD Yield ETF | Add +4.8% | 0.14% | +0.00 |
| DFEM Dimensional Emrg MRKT Core | Add +3.8% | 0.43% | +0.00 |
| COST Costco Wholesale Corp. | Add +1.5% | 0.36% | +0.00 |
| GD General Dynamics Corp. | Add +0.6% | 0.07% | −0.00 |
| JPM JPMorgan Chase & Co. | Add +1.5% | 0.32% | −0.00 |
| SHYM iShares Short Duration High | Add +3.9% | 0.40% | −0.00 |
| OKE Oneok Inc. | Add +1.1% | 0.06% | −0.00 |
| IUSV iShares Core S&P U.S. Value | Add +0.4% | 0.07% | −0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +0.5% | 0.07% | −0.00 |
| HD Home Depot Inc. | Add +4.8% | 0.07% | −0.00 |
| LOW Lowe's Cos Inc. | Add +4.7% | 0.09% | −0.01 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +0.5% | 0.07% | −0.01 |
| ET Energy Transfer LP | Add +3.2% | 0.10% | −0.01 |
| MLM Martin Marietta Materials | Add +2.4% | 0.07% | −0.01 |
| DGRO iShares Core Dividend Growth | Add +0.5% | 0.25% | −0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +0.7% | 0.06% | −0.01 |
| ILCB iShares Morningstar U.S. Equ | Add +0.3% | 0.11% | −0.01 |
| RF Regions Financial Corp. | Add +1.1% | 0.10% | −0.01 |
| CFR Cullen/Frost Bankers Inc. | Add +2.1% | 0.13% | −0.01 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +0.1% | 0.09% | −0.01 |
| AMZN Amazon.com Inc. | Add +2.5% | 0.11% | −0.02 |
| DFAS Dimensional US Small Cap ETF | Add +9.3% | 0.48% | −0.02 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.09% | −0.02 |
| IVV iShares Core S&P 500 ETF | Add +0.3% | 0.27% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.7% | 0.26% | −0.03 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +0.3% | 0.27% | −0.03 |
| WMT Walmart Inc. | Add +0.6% | 0.45% | −0.03 |
| LMT Lockheed Martin Corp. | Add +1.4% | 0.28% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 132 | $588.7M | DFUS, DFIC, QUAL, DFAT, JCPB |
| Q1 2026 | 124 | $501.2M | DFUS, DFIC, QUAL, JCPB, DFAT |
| Q4 2025 | 118 | $476.2M | DFUS, DFIC, QUAL, JCPB, IUSG |
| Q3 2025 | 107 | $450.4M | DFUS, DFIC, QUAL, IUSG, JCPB |
| Q2 2025 | 88 | $403.1M | DFUS, DFIC, QUAL, IUSG, DFAC |
| Q1 2025 | 86 | $353.4M | DFUS, QUAL, DFIC, JCPB, DFAC |
| Q4 2024 | 86 | $337.4M | QUAL, DFUS, DFIC, DFAC, IUSG |
| Q3 2024 | 89 | $329.4M | DFAC, QUAL, DFIC, IUSG, BNDX |
| Q2 2024 | 83 | $289.2M | DFAC, QUAL, DFIC, IUSG, BNDX |
| Q1 2024 | 73 | $259.0M | DFAC, QUAL, DFIC, BNDX, IUSG |