Aspen Wealth Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 2, 2025), Aspen Wealth Management LLC reported 88 stock positions worth $403.1 million. Its top holding was Dimensional US Eq MKT ETF (DFUS) at 11.6% of the portfolio, followed by Dimensional International (DFIC, 10.1%) and iShares MSCI USA Quality Fac (QUAL, 10.0%). Compared with Q1 2025, it opened 6 new positions, sold out of 4, added to 45 and reduced 28. The biggest buy was Dimensional US Eq MKT ETF (DFUS, shares +16%) and the biggest sale Vanguard Total Intl Bond ETF (BNDX, shares −63%).
- Most Recent 13F
- Q2 2026
- Location
- FORT WORTH, TX
- CIK
- 0001895252
- Portfolio Value
- $403.1M (Q2 2025)
- SEC Filing
- 0001895252-25-000009 ↗ filed Jul 2, 2025
Holdings Value
Holdings 88 stocks · $403.1M
| DFUS Dimensional US Eq MKT ETF | 11.57% | 695,585 | $46.6M | Add +16.4% |
| DFIC Dimensional International Co. | 10.08% | 1,306,945 | $40.6M | Add +2.2% |
| QUAL iShares MSCI USA Quality Fac | 9.98% | 220,093 | $40.2M | Add +4.3% |
| IUSG iShares Core S&P U.S. Growth | 7.64% | 204,668 | $30.8M | Add +6.3% |
| DFAC Dimensional US Core Equity 2 | 6.69% | 752,894 | $27.0M | Reduce -2.8% |
| DFAT Dimensional US Target Value | 6.58% | 491,885 | $26.5M | Add +34.2% |
| JCPB JPMorgan Core Plus Bond ETF | 6.51% | 557,342 | $26.2M | Add +1.2% |
| VWO Vanguard Ftse Emerging Marke | 4.14% | 337,773 | $16.7M | Reduce -1.4% |
| JMUB JPMorgan Municipal ETF | 3.84% | 311,415 | $15.5M | Add +21.9% |
| JPST JPMorgan Ultra-Short Income | 2.46% | 195,715 | $9.9M | Reduce -12.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.10% | 13,695 | $8.5M | Add +2.7% |
| DFAR Dimensional US Real Est ETF | 1.96% | 336,590 | $7.9M | Reduce -1.9% |
| DFAI Dimensional International Co. | 1.95% | 227,430 | $7.9M | Add +14.2% |
| VIG Vanguard Dividend Apprec ETF | 1.66% | 32,740 | $6.7M | Reduce -8.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.60% | 14,706 | $6.4M | Add +9.6% |
| DFAU Dimensional US Core Equity M | 1.58% | 150,064 | $6.4M | Add +29.4% |
| WMT Walmart Inc. | 1.25% | 51,470 | $5.0M | Add +187.1% |
| XOM Exxon Mobil Corp. | 1.22% | 45,735 | $4.9M | Add +9.5% |
| DUHP Dimensional US High Profi Et | 1.03% | 116,330 | $4.1M | Reduce -1.8% |
| ITOT iShares Core S&P Total U.S. | 1.00% | 29,742 | $4.0M | Add +21.1% |
| DFNM Dimensional National Muni BD | 0.82% | 69,632 | $3.3M | Add +51.3% |
| DFAS Dimensional US Small Cap ETF | 0.74% | 46,608 | $3.0M | Add +62.7% |
| SUB iShares Short-Term National | 0.70% | 26,576 | $2.8M | Reduce -31.7% |
| DFEM Dimensional Emrg MRKT Core | 0.68% | 92,581 | $2.7M | Add +62.8% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.66% | 52,103 | $2.7M | Reduce -13.0% |
| AAPL Apple Inc. | 0.60% | 11,783 | $2.4M | Add +1.3% |
| MSFT Microsoft Corp. | 0.56% | 4,572 | $2.3M | Add +0.1% |
| SHYM iShares Short Duration High | 0.56% | 101,353 | $2.3M | Add +61.3% |
| MUB iShares National Muni Bond E | 0.54% | 20,889 | $2.2M | Reduce -3.0% |
| PB Prosperity Bancshares Inc. | 0.52% | 30,000 | $2.1M | No change |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.51% | 28,414 | $2.1M | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 0.47% | 3,337 | $1.9M | No change |
| BNDX Vanguard Total Intl Bond ETF | 0.40% | 32,892 | $1.6M | Reduce -63.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 3,278 | $1.6M | Add +5.3% |
| IWF iShares Russell 1000 Growth | 0.35% | 3,364 | $1.4M | Add +4.8% |
| JPM JPMorgan Chase & Co. | 0.35% | 4,801 | $1.4M | Add +4.5% |
| COST Costco Wholesale Corp. | 0.33% | 1,340 | $1.3M | Reduce -1.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.29% | 3,895 | $1.2M | Add +15.8% |
| IVV iShares Core S&P 500 ETF | 0.26% | 1,698 | $1.1M | Add +0.9% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.26% | 3,692 | $1.1M | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.25% | 5,763 | $1.0M | Reduce -2.2% |
| IXUS iShares Core Intl Stock ETF | 0.23% | 11,787 | $911K | Reduce -1.3% |
| USRT iShares Core US REIT ETF | 0.21% | 14,828 | $839K | Add +30.4% |
| JQUA JPMorgan US Quality Factor | 0.21% | 13,904 | $835K | New |
| IEFA iShares Core MSCI Eafe ETF | 0.20% | 9,533 | $796K | Add +1.8% |
| GRFS Grifols SA-ADR | 0.19% | 86,466 | $782K | No change |
| IAGG iShares Intl Aggregate Bond | 0.19% | 15,211 | $777K | Reduce -25.1% |
| EFA iShares MSCI Eafe ETF | 0.19% | 8,416 | $752K | Reduce -0.7% |
| DGRO iShares Core Dividend Growth | 0.18% | 11,272 | $721K | Reduce -22.4% |
| FFIN First Finl Bankshares Inc. | 0.16% | 17,630 | $634K | Reduce -31.2% |
| VYM Vanguard High DVD Yield ETF | 0.13% | 3,937 | $525K | Add +0.2% |
| CVX Chevron Corp. | 0.13% | 3,649 | $523K | Add +4.1% |
| GLD SPDR Gold Shares | 0.13% | 1,688 | $515K | Add +67.0% |
| NVS Novartis AG-Sponsored ADR | 0.13% | 4,222 | $511K | No change |
| JPIE JPMorgan Income ETF | 0.12% | 10,854 | $503K | Add +86.3% |
| JNJ Johnson & Johnson | 0.12% | 3,159 | $483K | Add +0.4% |
| CFR Cullen/Frost Bankers Inc. | 0.12% | 3,752 | $482K | Reduce -0.5% |
| AMZN Amazon.com Inc. | 0.12% | 2,171 | $476K | Add +6.9% |
| PG The Procter & Gamble Co. | 0.12% | 2,969 | $473K | Add +0.2% |
| LMT Lockheed Martin Corp. | 0.12% | 1,008 | $467K | Reduce -54.7% |
| ILCB iShares Morningstar U.S. Equ | 0.10% | 4,910 | $421K | Add +0.3% |
| RF Regions Financial Corp. | 0.10% | 17,137 | $403K | Add +1.2% |
| ET Energy Transfer LP | 0.09% | 20,539 | $372K | Add +13.4% |
| GOOG Alphabet Inc. Class C | 0.09% | 2,033 | $361K | Add +0.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.09% | 975 | $357K | No change |
| LOW Lowe's Cos Inc. | 0.08% | 1,399 | $310K | Add +0.4% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.07% | 4,816 | $302K | Reduce -0.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.07% | 3,791 | $301K | Reduce -80.1% |
| AVGO Broadcom Inc. | 0.07% | 1,091 | $301K | New |
| DFCF Dimensional Core Fixed Inc. | 0.07% | 6,717 | $284K | Reduce -22.1% |
| IJR iShares Core S&P Small-Cap E | 0.07% | 2,582 | $282K | Reduce -17.1% |
| MLM Martin Marietta Materials | 0.07% | 507 | $278K | Reduce -0.8% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.07% | 3,503 | $262K | Reduce -0.4% |
| HD Home Depot Inc. | 0.06% | 713 | $261K | Add +5.9% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.06% | 5,238 | $257K | Add +0.8% |
| DFGP Dimensional GLBL Core PL Fix | 0.06% | 4,640 | $253K | Add +3.3% |
| IUSV iShares Core S&P U.S. Value | 0.06% | 2,614 | $247K | Reduce -2.5% |
| SLV iShares Silver Trust | 0.06% | 7,506 | $246K | New |
| LLY Eli Lilly & Co. | 0.06% | 314 | $245K | No change |
| ABBV Abbvie Inc. | 0.06% | 1,316 | $244K | Reduce -0.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.06% | 820 | $242K | New |
| NOBL Proshares S&P 500 Dividend A | 0.06% | 2,393 | $241K | Add +0.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.06% | 5,439 | $232K | Add +0.4% |
| NVDA Nvidia Corp. | 0.06% | 1,427 | $226K | New |
| IVW iShares S&P 500 Growth ETF | 0.06% | 2,045 | $225K | New |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.06% | 5,521 | $224K | Reduce -0.5% |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | 0.05% | 4,105 | $219K | No change |
| SABR Sabre Corp. | 0.03% | 43,534 | $138K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| BNDX Vanguard Total Intl Bond ETF | Reduce -63.2% | 0.40% | −0.83 |
| JPST JPMorgan Ultra-Short Income | Reduce -12.4% | 2.46% | −0.74 |
| DFAC Dimensional US Core Equity 2 | Reduce -2.8% | 6.69% | −0.54 |
| SUB iShares Short-Term National | Reduce -31.7% | 0.70% | −0.46 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -80.1% | 0.07% | −0.35 |
| DFAR Dimensional US Real Est ETF | Reduce -1.9% | 1.96% | −0.35 |
| VIG Vanguard Dividend Apprec ETF | Reduce -8.6% | 1.66% | −0.30 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.4% | 4.14% | −0.24 |
| JMST JPM Ultra-Short Muni Income | Reduce -13.0% | 0.66% | −0.20 |
| LMT Lockheed Martin Corp. | Reduce -54.7% | 0.12% | −0.17 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.11 |
| FFIN First Finl Bankshares Inc. | Reduce -31.2% | 0.16% | −0.10 |
| MUB iShares National Muni Bond E | Reduce -3.0% | 0.54% | −0.10 |
| IAGG iShares Intl Aggregate Bond | Reduce -25.1% | 0.19% | −0.09 |
| DUHP Dimensional US High Profi Et | Reduce -1.8% | 1.03% | −0.09 |
| DGRO iShares Core Dividend Growth | Reduce -22.4% | 0.18% | −0.07 |
| GD General Dynamics Corp. | Sold out | 0.00% | −0.07 |
| OKE Oneok Inc. | Sold out | 0.00% | −0.06 |
| DFSD Dimensional Short Duration | Sold out | 0.00% | −0.06 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -2.2% | 0.25% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -1.0% | 0.33% | −0.03 |
| DFCF Dimensional Core Fixed Inc. | Reduce -22.1% | 0.07% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -17.1% | 0.07% | −0.02 |
| ABBV Abbvie Inc. | Reduce -0.8% | 0.06% | −0.02 |
| CFR Cullen/Frost Bankers Inc. | Reduce -0.5% | 0.12% | −0.01 |
| IXUS iShares Core Intl Stock ETF | Reduce -1.3% | 0.23% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -0.7% | 0.19% | −0.01 |
| IUSV iShares Core S&P U.S. Value | Reduce -2.5% | 0.06% | −0.01 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -0.6% | 0.07% | −0.01 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -0.4% | 0.07% | −0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -0.5% | 0.06% | −0.00 |
| MLM Martin Marietta Materials | Reduce -0.8% | 0.07% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| DFUS Dimensional US Eq MKT ETF | Add +16.4% | 11.57% | +1.34 |
| DFAT Dimensional US Target Value | Add +34.2% | 6.58% | +1.24 |
| WMT Walmart Inc. | Add +187.1% | 1.25% | +0.80 |
| IUSG iShares Core S&P U.S. Growth | Add +6.3% | 7.64% | +0.71 |
| DFAU Dimensional US Core Equity M | Add +29.4% | 1.58% | +0.32 |
| DFEM Dimensional Emrg MRKT Core | Add +62.8% | 0.68% | +0.26 |
| DFAS Dimensional US Small Cap ETF | Add +62.7% | 0.74% | +0.25 |
| JMUB JPMorgan Municipal ETF | Add +21.9% | 3.84% | +0.22 |
| JQUA JPMorgan US Quality Factor | New | 0.21% | +0.21 |
| DFNM Dimensional National Muni BD | Add +51.3% | 0.82% | +0.20 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +9.6% | 1.60% | +0.19 |
| DFAI Dimensional International Co. | Add +14.2% | 1.95% | +0.19 |
| SHYM iShares Short Duration High | Add +61.3% | 0.56% | +0.16 |
| ITOT iShares Core S&P Total U.S. | Add +21.1% | 1.00% | +0.15 |
| MSFT Microsoft Corp. | Add +0.1% | 0.56% | +0.08 |
| AVGO Broadcom Inc. | New | 0.07% | +0.07 |
| SLV iShares Silver Trust | New | 0.06% | +0.06 |
| IBM Intl Business Machines Corp. | New | 0.06% | +0.06 |
| NVDA Nvidia Corp. | New | 0.06% | +0.06 |
| IVW iShares S&P 500 Growth ETF | New | 0.06% | +0.06 |
| JPIE JPMorgan Income ETF | Add +86.3% | 0.12% | +0.05 |
| GLD SPDR Gold Shares | Add +67.0% | 0.13% | +0.05 |
| DFIC Dimensional International Co. | Add +2.2% | 10.08% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +15.8% | 0.29% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +4.8% | 0.35% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +4.5% | 0.35% | +0.03 |
| USRT iShares Core US REIT ETF | Add +30.4% | 0.21% | +0.02 |
| AMZN Amazon.com Inc. | Add +6.9% | 0.12% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.09% | −0.00 |
| ILCB iShares Morningstar U.S. Equ | Add +0.3% | 0.10% | −0.00 |
| ET Energy Transfer LP | Add +13.4% | 0.09% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +1.8% | 0.20% | −0.00 |
| RF Regions Financial Corp. | Add +1.2% | 0.10% | −0.00 |
| HD Home Depot Inc. | Add +5.9% | 0.06% | −0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +0.4% | 0.06% | −0.01 |
| DFGP Dimensional GLBL Core PL Fix | Add +3.3% | 0.06% | −0.01 |
| IVV iShares Core S&P 500 ETF | Add +0.9% | 0.26% | −0.01 |
| NOBL Proshares S&P 500 Dividend A | Add +0.5% | 0.06% | −0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +0.8% | 0.06% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +2.7% | 2.10% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Add +0.2% | 0.13% | −0.01 |
| LOW Lowe's Cos Inc. | Add +0.4% | 0.08% | −0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +0.2% | 0.51% | −0.02 |
| PG The Procter & Gamble Co. | Add +0.2% | 0.12% | −0.03 |
| JNJ Johnson & Johnson | Add +0.4% | 0.12% | −0.03 |
| CVX Chevron Corp. | Add +4.1% | 0.13% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.3% | 0.40% | −0.07 |
| AAPL Apple Inc. | Add +1.3% | 0.60% | −0.13 |
| XOM Exxon Mobil Corp. | Add +9.5% | 1.22% | −0.18 |
| QUAL iShares MSCI USA Quality Fac | Add +4.3% | 9.98% | −0.22 |
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 |