Aspen Wealth Management LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 5, 2026), Aspen Wealth Management LLC reported 118 stock positions worth $476.2 million. Its top holding was Dimensional US Eq MKT ETF (DFUS) at 11.8% of the portfolio, followed by Dimensional International (DFIC, 10.0%) and iShares MSCI USA Quality Fac (QUAL, 9.5%). Compared with Q3 2025, it opened 17 new positions, sold out of 6, added to 60 and reduced 33. The biggest buy was JPMorgan Core Plus Bond ETF (JCPB, shares +13%) and the biggest sale Dimensional US Core Equity 2 (DFAC, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- FORT WORTH, TX
- CIK
- 0001895252
- Portfolio Value
- $476.2M (Q4 2025)
- SEC Filing
- 0001895252-26-000002 ↗ filed Jan 5, 2026
Holdings Value
Holdings 118 stocks · $476.2M
| DFUS Dimensional US Eq MKT ETF | 11.75% | 754,415 | $56.0M | Add +3.7% |
| DFIC Dimensional International Co. | 9.98% | 1,378,942 | $47.5M | Add +3.8% |
| QUAL iShares MSCI USA Quality Fac | 9.55% | 228,882 | $45.5M | Add +2.6% |
| JCPB JPMorgan Core Plus Bond ETF | 7.03% | 706,710 | $33.5M | Add +13.0% |
| IUSG iShares Core S&P U.S. Growth | 6.98% | 198,031 | $33.3M | Reduce -1.6% |
| DFAT Dimensional US Target Value | 6.56% | 524,971 | $31.3M | Add +3.2% |
| DFAC Dimensional US Core Equity 2 | 5.89% | 708,683 | $28.1M | Reduce -4.8% |
| VWO Vanguard Ftse Emerging Marke | 3.98% | 352,534 | $19.0M | Add +2.1% |
| JMUB JPMorgan Municipal ETF | 3.77% | 355,918 | $18.0M | Add +10.9% |
| JPST JPMorgan Ultra-Short Income | 2.31% | 217,658 | $11.0M | Add +6.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.01% | 14,020 | $9.6M | Add +0.3% |
| DFAR Dimensional US Real Est ETF | 1.82% | 377,538 | $8.6M | Add +8.7% |
| DFAI Dimensional International Co. | 1.80% | 225,329 | $8.6M | Reduce -0.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.74% | 16,940 | $8.3M | Reduce -3.7% |
| DFAU Dimensional US Core Equity M | 1.47% | 149,401 | $7.0M | Reduce -0.6% |
| VIG Vanguard Dividend Apprec ETF | 1.43% | 31,048 | $6.8M | Reduce -4.8% |
| WMT Walmart Inc. | 1.20% | 51,380 | $5.7M | Reduce -0.2% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 1.07% | 99,648 | $5.1M | Add +38.8% |
| ITOT iShares Core S&P Total U.S. | 0.93% | 29,887 | $4.4M | Add +0.3% |
| DUHP Dimensional US High Profi Et | 0.92% | 115,546 | $4.4M | Reduce -0.9% |
| XOM Exxon Mobil Corp. | 0.92% | 36,290 | $4.4M | Reduce -21.0% |
| SHYM iShares Short Duration High | 0.89% | 190,840 | $4.2M | Add +21.0% |
| DFNM Dimensional National Muni BD | 0.74% | 72,980 | $3.5M | Add +6.6% |
| AAPL Apple Inc. | 0.73% | 12,865 | $3.5M | Add +8.1% |
| DFEM Dimensional Emrg MRKT Core | 0.68% | 97,740 | $3.2M | Add +5.2% |
| DFAS Dimensional US Small Cap ETF | 0.67% | 45,969 | $3.2M | Reduce -0.7% |
| MSFT Microsoft Corp. | 0.49% | 4,860 | $2.4M | Add +4.5% |
| SUB iShares Short-Term National | 0.47% | 20,843 | $2.2M | Reduce -9.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.46% | 27,225 | $2.2M | Reduce -4.5% |
| VOO Vanguard S&P 500 ETF | 0.44% | 3,377 | $2.1M | Add +0.6% |
| MUB iShares National Muni Bond E | 0.43% | 18,912 | $2.0M | Reduce -2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.36% | 3,378 | $1.7M | Add +3.0% |
| IWF iShares Russell 1000 Growth | 0.33% | 3,359 | $1.6M | Reduce -0.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.33% | 4,670 | $1.6M | Add +14.5% |
| JPM JPMorgan Chase & Co. | 0.33% | 4,803 | $1.5M | Add +0.4% |
| DFUV Dimensional US Marketwide Va | 0.32% | 32,755 | $1.5M | Reduce -0.1% |
| PB Prosperity Bancshares Inc. | 0.29% | 20,000 | $1.4M | Reduce -31.0% |
| BNDX Vanguard Total Intl Bond ETF | 0.28% | 27,862 | $1.3M | Reduce -6.2% |
| IVV iShares Core S&P 500 ETF | 0.25% | 1,716 | $1.2M | Add +0.5% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.25% | 3,723 | $1.2M | Add +0.5% |
| COST Costco Wholesale Corp. | 0.24% | 1,320 | $1.1M | Reduce -1.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 5,890 | $1.1M | No change |
| IBMT iShares Ibonds Dec 2031 Muni | 0.23% | 42,773 | $1.1M | Add +22.7% |
| IBMS ISHARESIBONDDEC2030MUNIBDETF | 0.23% | 42,421 | $1.1M | Add +22.8% |
| IBMR iShares Ibonds Dec 2029 M BD | 0.23% | 43,233 | $1.1M | Add +22.9% |
| IBMQ iShares Ibonds Dec 2028 Muni | 0.23% | 42,960 | $1.1M | Add +23.0% |
| IBMO iShares Ibonds Dec 2026 Term | 0.23% | 42,831 | $1.1M | Add +23.0% |
| IBMP iShares Ibonds Dec 2027 Term | 0.23% | 43,209 | $1.1M | Add +23.0% |
| IXUS iShares Core Intl Stock ETF | 0.21% | 11,787 | $998K | No change |
| NVDA Nvidia Corp. | 0.21% | 5,323 | $993K | Add +258.9% |
| JQUA JPMorgan US Quality Factor | 0.18% | 13,909 | $879K | Add +0.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.18% | 9,757 | $873K | Add +0.4% |
| AMZN Amazon.com Inc. | 0.18% | 3,690 | $852K | Add +54.4% |
| EFA iShares MSCI Eafe ETF | 0.17% | 8,461 | $813K | Add +0.5% |
| GRFS Grifols SA-ADR | 0.17% | 86,466 | $808K | No change |
| USRT iShares Core US REIT ETF | 0.17% | 13,916 | $793K | Reduce -2.4% |
| DGRO iShares Core Dividend Growth | 0.16% | 10,998 | $763K | Reduce -3.0% |
| IAGG iShares Intl Aggregate Bond | 0.15% | 14,266 | $713K | Reduce -0.6% |
| JNJ Johnson & Johnson | 0.15% | 3,426 | $709K | Add +8.3% |
| GLD SPDR Gold Shares | 0.14% | 1,736 | $688K | Add +0.9% |
| GOOG Alphabet Inc. Class C | 0.14% | 2,168 | $680K | Add +0.1% |
| JPIE JPMorgan Income ETF | 0.12% | 12,765 | $591K | Add +17.3% |
| SLV iShares Silver Trust | 0.12% | 8,737 | $563K | Add +16.4% |
| CVX Chevron Corp. | 0.12% | 3,657 | $557K | Add +0.4% |
| NVS Novartis AG-Sponsored ADR | 0.11% | 3,941 | $543K | Reduce -20.8% |
| VYM Vanguard High DVD Yield ETF | 0.11% | 3,777 | $542K | Add +0.3% |
| LMT Lockheed Martin Corp. | 0.11% | 1,107 | $536K | Add +27.8% |
| RF Regions Financial Corp. | 0.10% | 17,493 | $474K | Add +1.0% |
| PH Parker Hannifin Corp. | 0.10% | 539 | $474K | New |
| CFR Cullen/Frost Bankers Inc. | 0.10% | 3,694 | $468K | Reduce -2.3% |
| ILCB iShares Morningstar U.S. Equ | 0.10% | 4,940 | $466K | Add +0.3% |
| IBHH iShares Ibonds 2028 TM HY Inc. | 0.10% | 19,402 | $459K | Add +33.3% |
| IBHG iShares Ibonds 2027 HY Inc. | 0.10% | 20,451 | $456K | Add +33.5% |
| IBHF iShares Ibond 2026 HY & Inc. | 0.10% | 19,769 | $456K | Add +33.4% |
| ABBV Abbvie Inc. | 0.09% | 1,871 | $427K | Reduce -11.2% |
| TSLA Tesla Inc. | 0.09% | 943 | $424K | New |
| PG The Procter & Gamble Co. | 0.09% | 2,911 | $417K | Reduce -2.1% |
| IBHI iShares Ibonds 2029 TM HY Inc. | 0.09% | 17,353 | $410K | Add +38.9% |
| EFG iShares MSCI Eafe Growth ETF | 0.09% | 3,582 | $408K | No change |
| SHOP Shopify Inc. Class A | 0.09% | 2,513 | $405K | New |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.08% | 977 | $403K | Add +0.2% |
| FFIN First Finl Bankshares Inc. | 0.08% | 12,962 | $387K | Reduce -8.8% |
| AVGO Broadcom Inc. | 0.08% | 1,106 | $383K | Add +1.4% |
| PSLV Sprott Physical Silver Trust | 0.07% | 15,100 | $357K | New |
| ANET Arista Networks Inc. | 0.07% | 2,640 | $346K | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.07% | 722 | $338K | New |
| LLY Eli Lilly & Co. | 0.07% | 314 | $338K | No change |
| LOW Lowe's Cos Inc. | 0.07% | 1,350 | $326K | Reduce -3.9% |
| IJR iShares Core S&P Small-Cap E | 0.07% | 2,644 | $318K | Reduce -0.4% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.06% | 4,816 | $308K | No change |
| IBHJ Ishrs Ibds 2030 HY & Inc. ETF | 0.06% | 11,292 | $300K | Add +1.7% |
| IBHK ISHARESIBOND2031HIGHYLDINC | 0.06% | 11,586 | $299K | Add +1.7% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.06% | 3,515 | $290K | Add +0.0% |
| MLM Martin Marietta Materials | 0.06% | 454 | $283K | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.06% | 1,117 | $283K | New |
| DFCF Dimensional Core Fixed Inc. | 0.06% | 6,496 | $276K | Reduce -3.2% |
| MA Mastercard Inc. Class A | 0.06% | 483 | $276K | New |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.06% | 5,342 | $269K | Add +1.1% |
| IUSV iShares Core S&P U.S. Value | 0.06% | 2,614 | $268K | Reduce -3.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.06% | 875 | $266K | New |
Portfolio Sells Q3 2025 → Q4 2025
| DFAC Dimensional US Core Equity 2 | Reduce -4.8% | 5.89% | −0.48 |
| IUSG iShares Core S&P U.S. Growth | Reduce -1.6% | 6.98% | −0.37 |
| XOM Exxon Mobil Corp. | Reduce -21.0% | 0.92% | −0.23 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -3.7% | 1.74% | −0.14 |
| PB Prosperity Bancshares Inc. | Reduce -31.0% | 0.29% | −0.14 |
| IBMN iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.13 |
| VIG Vanguard Dividend Apprec ETF | Reduce -4.8% | 1.43% | −0.13 |
| SUB iShares Short-Term National | Reduce -9.6% | 0.47% | −0.08 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.08 |
| IBHE iShares Ibonds 2025 H/Y Inc. | Sold out | 0.00% | −0.08 |
| DFAU Dimensional US Core Equity M | Reduce -0.6% | 1.47% | −0.06 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.06 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.06 |
| DUHP Dimensional US High Profi Et | Reduce -0.9% | 0.92% | −0.05 |
| WMB Williams Cos Inc. | Sold out | 0.00% | −0.05 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -6.2% | 0.28% | −0.04 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -4.5% | 0.46% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -1.5% | 0.24% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -2.2% | 0.43% | −0.03 |
| DFAS Dimensional US Small Cap ETF | Reduce -0.7% | 0.67% | −0.03 |
| NVS Novartis AG-Sponsored ADR | Reduce -20.8% | 0.11% | −0.03 |
| DFAI Dimensional International Co. | Reduce -0.6% | 1.80% | −0.03 |
| FFIN First Finl Bankshares Inc. | Reduce -8.8% | 0.08% | −0.02 |
| USRT iShares Core US REIT ETF | Reduce -2.4% | 0.17% | −0.02 |
| ABBV Abbvie Inc. | Reduce -11.2% | 0.09% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -0.2% | 0.33% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -2.1% | 0.09% | −0.01 |
| IAGG iShares Intl Aggregate Bond | Reduce -0.6% | 0.15% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -17.6% | 0.05% | −0.01 |
| DGRO iShares Core Dividend Growth | Reduce -3.0% | 0.16% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -3.9% | 0.07% | −0.01 |
| CFR Cullen/Frost Bankers Inc. | Reduce -2.3% | 0.10% | −0.01 |
| DFCF Dimensional Core Fixed Inc. | Reduce -3.2% | 0.06% | −0.01 |
| DFUV Dimensional US Marketwide Va | Reduce -0.1% | 0.32% | −0.00 |
| IUSV iShares Core S&P U.S. Value | Reduce -3.8% | 0.06% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.4% | 0.07% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -10.0% | 0.05% | −0.00 |
| IBM Intl Business Machines Corp. | Reduce -0.8% | 0.05% | −0.00 |
| WMT Walmart Inc. | Reduce -0.2% | 1.20% | +0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| JCPB JPMorgan Core Plus Bond ETF | Add +13.0% | 7.03% | +0.43 |
| DFIC Dimensional International Co. | Add +3.8% | 9.98% | +0.30 |
| JMST JPM Ultra-Short Muni Income | Add +38.8% | 1.07% | +0.25 |
| JMUB JPMorgan Municipal ETF | Add +10.9% | 3.77% | +0.18 |
| NVDA Nvidia Corp. | Add +258.9% | 0.21% | +0.15 |
| SHYM iShares Short Duration High | Add +21.0% | 0.89% | +0.11 |
| PH Parker Hannifin Corp. | New | 0.10% | +0.10 |
| TSLA Tesla Inc. | New | 0.09% | +0.09 |
| SHOP Shopify Inc. Class A | New | 0.09% | +0.09 |
| PSLV Sprott Physical Silver Trust | New | 0.07% | +0.07 |
| ANET Arista Networks Inc. | New | 0.07% | +0.07 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.07% | +0.07 |
| AMZN Amazon.com Inc. | Add +54.4% | 0.18% | +0.06 |
| AAPL Apple Inc. | Add +8.1% | 0.73% | +0.06 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.06% | +0.06 |
| MA Mastercard Inc. Class A | New | 0.06% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.06% | +0.06 |
| IWM iShares Russell 2000 ETF | New | 0.05% | +0.05 |
| GOOGL Alphabet Inc. Class A | New | 0.05% | +0.05 |
| SLV iShares Silver Trust | Add +16.4% | 0.12% | +0.05 |
| IJH iShares Core S&P Midcap ETF | New | 0.05% | +0.05 |
| DFUS Dimensional US Eq MKT ETF | Add +3.7% | 11.75% | +0.05 |
| RSP Invesco S&P 500 Equal Weight | New | 0.05% | +0.05 |
| AGG iShares Core U.S. Aggregate | New | 0.04% | +0.04 |
| MELI MercadoLibre Inc. | New | 0.04% | +0.04 |
| DIS The Walt Disney Co. | New | 0.04% | +0.04 |
| IQLT iShares MSCI International Q | New | 0.04% | +0.04 |
| IBMT iShares Ibonds Dec 2031 Muni | Add +22.7% | 0.23% | +0.03 |
| IBMO iShares Ibonds Dec 2026 Term | Add +23.0% | 0.23% | +0.03 |
| IBMS ISHARESIBONDDEC2030MUNIBDETF | Add +22.8% | 0.23% | +0.03 |
| IBMQ iShares Ibonds Dec 2028 Muni | Add +23.0% | 0.23% | +0.03 |
| IBMP iShares Ibonds Dec 2027 Term | Add +23.0% | 0.23% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +14.5% | 0.33% | +0.03 |
| IBMR iShares Ibonds Dec 2029 M BD | Add +22.9% | 0.23% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.14% | +0.03 |
| IBHI iShares Ibonds 2029 TM HY Inc. | Add +38.9% | 0.09% | +0.02 |
| IBHG iShares Ibonds 2027 HY Inc. | Add +33.5% | 0.10% | +0.02 |
| IBHH iShares Ibonds 2028 TM HY Inc. | Add +33.3% | 0.10% | +0.02 |
| IBHF iShares Ibond 2026 HY & Inc. | Add +33.4% | 0.10% | +0.02 |
| JNJ Johnson & Johnson | Add +8.3% | 0.15% | +0.02 |
| DFEM Dimensional Emrg MRKT Core | Add +5.2% | 0.68% | +0.02 |
| LMT Lockheed Martin Corp. | Add +27.8% | 0.11% | +0.02 |
| JPIE JPMorgan Income ETF | Add +17.3% | 0.12% | +0.01 |
| DFNM Dimensional National Muni BD | Add +6.6% | 0.74% | +0.01 |
| GLD SPDR Gold Shares | Add +0.9% | 0.14% | +0.01 |
| JPST JPMorgan Ultra-Short Income | Add +6.2% | 2.31% | +0.00 |
| AVGO Broadcom Inc. | Add +1.4% | 0.08% | +0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +1.8% | 0.05% | 0.00 |
| IVW iShares S&P 500 Growth ETF | Add +0.1% | 0.05% | −0.00 |
| RF Regions Financial Corp. | Add +1.0% | 0.10% | −0.00 |
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 |