Bruce G. Allen Investments, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 14, 2025), Bruce G. Allen Investments, LLC reported 1,086 stock positions worth $126.3 million. Its top holding was iShares MSCI Eafe Value ETF (EFV) at 15.2% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 9.9%) and Schwab Fndmn Intl LRG Co. ETF (FNDF, 6.7%). Compared with Q4 2024, it opened 59 new positions, sold out of 56, added to 247 and reduced 409. The biggest buy was iShares MSCI Eafe Value ETF (EFV, shares +1%) and the biggest sale an exit from Vanguard Ftse Emerging Marke (VWO).

Most Recent 13F
Q2 2026
Location
DENVER, CO
CIK
0002005409
Portfolio Value
$126.3M (Q1 2025)
SEC Filing
0002005409-25-000002 ↗ filed Apr 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $121.6M Q1 2024 Q2 2024: $118.9M Q2 2024 Q3 2024: $128.8M Q3 2024 Q4 2024: $123.2M Q4 2024 Q1 2025: $126.3M $126.3M Q1 2025 Q2 2025: $131.9M Q2 2025 Q3 2025: $139.6M Q3 2025 Q4 2025: $147.8M Q4 2025 Q1 2026: $152.9M Q1 2026 Q2 2026: $156.9M Q2 2026

Holdings 1,086 stocks · $126.3M

EFV iShares MSCI Eafe Value ETF 15.21% 325,887 $19.2M Add +0.9%
VTV Vanguard Mrngstr Val ETF-Aui 9.89% 72,318 $12.5M Add +5.7%
FNDF Schwab Fndmn Intl LRG Co. ETF 6.72% 234,840 $8.5M Add +1.4%
FNDX Schwab Fndmntl US LRG Co. ETF 6.66% 356,202 $8.4M Add +3.2%
SCHD Schwab US DVD Equity ETF 6.52% 294,487 $8.2M Add +4.5%
VOE Vngrd Mrngstr MD-Cap Val ETF 3.36% 26,426 $4.2M Reduce -1.1%
PHYS Sprott Physical Gold Trust 3.00% 157,711 $3.8M Reduce -9.5%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 2.82% 100,795 $3.6M Reduce -1.4%
AAPL Apple Inc. 1.56% 8,895 $2.0M Reduce -1.3%
VONV Vanguard Russell 1000 Value 1.53% 23,471 $1.9M Add +14.1%
RAFE PIMCO Rafi ESG US ETF filed as PIMCO EQUITY SER 1.12% 38,956 $1.4M Add +0.4%
IWD iShares Russell 1000 Value E 1.12% 7,498 $1.4M Reduce -7.9%
SPY SS SPDR S&P 500 ETF Trust-US 1.05% 2,369 $1.3M Reduce -7.4%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.81% 5,486 $1.0M Add +22.7%
PG The Procter & Gamble Co. 0.75% 5,564 $948K Reduce -1.2%
DLS Wisdomtree Intl S/C DVD Fund 0.74% 14,178 $936K Add +0.3%
IJS iShares S&P Small-Cap 600 Va 0.73% 9,424 $919K Add +16.6%
GE General Electric filed as GE AEROSPACE 0.70% 4,429 $886K Reduce -0.1%
NBB Nuveen Taxable Municipal Inc. 0.70% 54,967 $881K Add +0.2%
T AT&T Inc. 0.53% 23,848 $674K Reduce -9.6%
XOM Exxon Mobil Corp. 0.53% 5,647 $672K Reduce -4.6%
BRK.B Berkshire Hathaway Inc. Class B 0.52% 1,243 $662K Reduce -3.1%
MSFT Microsoft Corp. 0.51% 1,727 $648K Add +1.6%
BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.51% 30,195 $648K Reduce -0.1%
VZ Verizon Communications Inc. 0.49% 13,581 $616K Add +2.5%
JPM JPMorgan Chase & Co. 0.46% 2,382 $584K Reduce -16.8%
ABBV Abbvie Inc. 0.45% 2,742 $575K Reduce -7.0%
SHEL Shell PLC-ADR 0.45% 7,756 $568K Reduce -0.8%
JNJ Johnson & Johnson 0.42% 3,173 $526K Reduce -2.3%
CL Colgate-Palmolive Co. 0.42% 5,596 $524K No change
FNDA Schwab Fndmntl US SM Co. ETF 0.41% 19,122 $524K Add +4.5%
CVX Chevron Corp. 0.41% 3,113 $521K Reduce -2.6%
UNH Unitedhealth Group Inc. 0.40% 956 $501K Reduce -3.8%
KO The Coca-Cola Co. 0.35% 6,183 $443K Reduce -2.1%
UCIB Etracs UBS BBG Cons Ma Ser B filed as UBS AG LONDON BRANCH 0.35% 16,538 $439K No change
HD Home Depot Inc. 0.34% 1,187 $435K Reduce -6.3%
BIV Vanguard Intermediate-Term B 0.33% 5,487 $420K Add +0.6%
XLE SS Energy Select Sector 0.33% 4,430 $414K Reduce -4.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.32% 9,623 $402K Reduce -2.3%
CMI Cummins Inc. 0.29% 1,181 $370K Reduce -1.3%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.29% 4,366 $366K Add +2.1%
UNP Union Pacific Corp. 0.28% 1,496 $353K Add +1.8%
MCD McDonald's Corp. 0.28% 1,117 $349K Reduce -4.4%
CMCSA Comcast Corp. Class A 0.27% 9,069 $335K Reduce -4.8%
GEV GE Vernova Inc. 0.26% 1,085 $331K Reduce -0.6%
WFC Wells Fargo & Co. 0.26% 4,587 $329K Reduce -11.3%
ABT Abbott Laboratories 0.25% 2,417 $321K Add +0.2%
AVGO Broadcom Inc. 0.24% 1,799 $301K Reduce -28.3%
IWR iShares Russell Mid-Cap ETF 0.23% 3,486 $297K Add +0.3%
MRK Merck & Co. Inc. 0.23% 3,228 $290K Add +2.1%
GLD SPDR Gold Shares 0.23% 1,005 $290K Reduce -10.6%
SNY Sanofi-ADR 0.23% 5,219 $289K Reduce -15.1%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.22% 7,928 $283K Reduce -0.4%
PM Philip Morris International 0.22% 1,756 $279K Reduce -5.0%
VIG Vanguard Dividend Apprec ETF 0.22% 1,415 $275K Reduce -0.7%
NVS Novartis AG-Sponsored ADR 0.22% 2,458 $274K Add +0.2%
NEE Nextera Energy Inc. 0.21% 3,734 $265K Reduce -1.9%
CB Chubb Ltd. 0.20% 847 $256K Add +18.8%
SCHW Schwab (charles) Corp. 0.20% 3,184 $249K Add +9.5%
V Visa Inc. Class A 0.20% 705 $247K Reduce -11.3%
BLK BlackRock Inc. 0.19% 252 $239K Reduce -11.9%
TTE Totalenergies SE -Spon ADR 0.19% 3,672 $238K Add +28.0%
SCHY Schwab International DVD ETF 0.19% 9,292 $236K Add +8.2%
LIN Linde PLC 0.19% 506 $236K Reduce -2.3%
CSCO Cisco Systems Inc. 0.18% 3,787 $234K Reduce -24.9%
AMGN Amgen Inc. 0.18% 749 $233K Add +26.7%
GSK GSK PLC-Spon ADR 0.18% 5,749 $223K Reduce -6.0%
SBUX Starbucks Corp. 0.18% 2,264 $222K Add +13.7%
ING ING Groep N.V.-Sponsored ADR 0.17% 11,169 $219K Add +43.0%
SGOV iShares 0-3 Month Treasury B 0.17% 2,132 $215K Add +304.6%
ICE Intercontinental Exchange Inc. 0.17% 1,214 $209K Reduce -2.1%
BMY Bristol-Myers Squibb Co. 0.17% 3,433 $209K Reduce -3.0%
UL Unilever PLC 0.16% 3,396 $202K Reduce -3.3%
PGR Progressive Corp. 0.15% 686 $194K Add +2.1%
TGNA Tegna Inc. 0.15% 10,121 $184K No change
MS Morgan Stanley 0.14% 1,539 $180K Reduce -9.5%
ETN Eaton Corp. PLC 0.14% 659 $179K Add +15.4%
ACN Accenture PLC Class A 0.14% 573 $179K Reduce -12.1%
GILD Gilead Sciences Inc. 0.14% 1,588 $178K Reduce -3.5%
RTX RTX Corp. 0.14% 1,342 $178K Reduce -0.6%
UPS United Parcel Service Class B 0.14% 1,588 $175K Add +56.8%
LLY Eli Lilly & Co. 0.14% 211 $174K No change
HSY The Hershey Co. 0.14% 1,010 $173K Add +15.8%
SLF Sun Life Financial Inc. 0.14% 2,994 $171K Reduce -2.4%
PNC PNC Financial Services Group 0.14% 973 $171K Reduce -3.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.14% 686 $171K Reduce -20.7%
HMC Honda Motor Co. Ltd.-Spons ADR 0.13% 6,232 $169K Add +9.7%
MRSH Marsh & McLennan Cos 0.13% 692 $169K Reduce -2.8%
MDT Medtronic PLC 0.13% 1,858 $167K Reduce -5.0%
HON Honeywell International Inc. 0.13% 782 $166K Reduce -24.9%
MDLZ Mondelez International Inc. Class A 0.13% 2,370 $161K Reduce -0.4%
PEP Pepsico Inc. 0.13% 1,071 $161K Reduce -7.2%
TRV The Travelers Cos Inc. 0.13% 600 $159K Reduce -7.7%
AXP American Express Co. 0.12% 579 $156K Reduce -6.9%
TGT Target Corp. 0.12% 1,486 $155K Add +267.8%
NOC Northrop Grumman Corp. 0.12% 302 $155K Reduce -11.2%
RJF Raymond James Financial Inc. 0.12% 1,107 $154K Reduce -0.4%
TFC Truist Financial Corp. 0.12% 3,733 $154K Reduce -6.6%
LOW Lowe's Cos Inc. 0.12% 653 $152K Reduce -2.8%
ELV Elevance Health Inc. 0.12% 344 $150K Add +25.6%

Show all 1,086 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $3K (not counted above)
SecurityClassShares / PrincipalValueChange
DC.WS Dakota Gold Corp.-26 *W EXP 03/15/202 3,607$3KNo change
Lines left out (1) · $15 — a value with no share or principal amount
SecurityClassSharesValue
PJT PJT Partners Inc. Class A COM CL A0$15

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $126.3M.

Portfolio Sells Q4 2024 → Q1 2025

VWO Vanguard Ftse Emerging Marke Sold out 0.00% −0.91
FNDE Schwab Fndmntl Em MRK Eq ETF Sold out 0.00% −0.59
IEMG iShares Core MSCI Emerging Sold out 0.00% −0.33
AAPL Apple Inc. Reduce -1.3% 1.56% −0.27
AVGO Broadcom Inc. Reduce -28.3% 0.24% −0.23
SPY SS SPDR S&P 500 ETF Trust-US Reduce -7.4% 1.05% −0.17
VOE Vngrd Mrngstr MD-Cap Val ETF Reduce -1.1% 3.36% −0.15
VEA Vanguard Ftse Developed ETF Reduce -69.4% 0.05% −0.11
IWD iShares Russell 1000 Value E Reduce -7.9% 1.12% −0.11
EFA iShares MSCI Eafe ETF Sold out 0.00% −0.10
JPM JPMorgan Chase & Co. Reduce -16.8% 0.46% −0.09
TLT iShares 20+ Year Treasury BD Sold out 0.00% −0.08
IVLU iShares MSCI International V Sold out 0.00% −0.06
HON Honeywell International Inc. Reduce -24.9% 0.13% −0.06
CSCO Cisco Systems Inc. Reduce -24.9% 0.18% −0.06
CRM Salesforce Inc. Reduce -43.4% 0.04% −0.06
HD Home Depot Inc. Reduce -6.3% 0.34% −0.06
EXPE Expedia Group Inc. Reduce -98.9% 0.00% −0.06
BLK BlackRock Inc. Reduce -11.9% 0.19% −0.05
CMI Cummins Inc. Reduce -1.3% 0.29% −0.05
USB US Bancorp Reduce -23.0% 0.09% −0.04
ACN Accenture PLC Class A Reduce -12.1% 0.14% −0.04
WMT Walmart Inc. Reduce -23.8% 0.12% −0.04
WPP WPP PLC-Sponsored ADR Reduce -91.7% 0.00% −0.04
PYPL PayPal Holdings Inc. Reduce -11.7% 0.08% −0.04
PHG Koninklijke Philips NVR- NY Reduce -66.7% 0.02% −0.04
CAT Caterpillar Inc. Reduce -27.7% 0.07% −0.04
ORCL Oracle Corp. Reduce -14.3% 0.08% −0.04
TSM Taiwan Semiconductor-SP ADR Reduce -39.9% 0.03% −0.04
GM General Motors Co. Reduce -52.7% 0.02% −0.03
TAK Takeda Pharmaceutic-SP ADR Reduce -86.8% 0.01% −0.03
WFC Wells Fargo & Co. Reduce -11.3% 0.26% −0.03
BAC Bank of America Corp. Reduce -2.3% 0.32% −0.03
SAN Banco Santander SA-Spon ADR Reduce -57.1% 0.05% −0.03
LMT Lockheed Martin Corp. Reduce -45.3% 0.03% −0.03
MS Morgan Stanley Reduce -9.5% 0.14% −0.03
AMAT Applied Materials Inc. Reduce -28.7% 0.05% −0.03
GEV GE Vernova Inc. Reduce -0.6% 0.26% −0.03
UBS UBS Group AG-Reg Reduce -29.0% 0.07% −0.03
FDX FedEx Corp. Reduce -39.3% 0.03% −0.03
ON On Semiconductor Reduce -1.2% 0.05% −0.03
BX Blackstone Inc. Reduce -5.7% 0.08% −0.03
AXP American Express Co. Reduce -6.9% 0.12% −0.03
ORANY Orange-Spon ADR Sold out 0.00% −0.03
PFE Pfizer Inc. Reduce -33.5% 0.04% −0.03
CMCSA Comcast Corp. Class A Reduce -4.8% 0.27% −0.03
CEG Constellation Energy Reduce -27.9% 0.04% −0.02
BP BP PLC-Spons ADR Reduce -29.6% 0.09% −0.02
GD General Dynamics Corp. Reduce -17.7% 0.11% −0.02
PPG PPG Industries Inc. Reduce -15.1% 0.07% −0.02

Portfolio Buys Q4 2024 → Q1 2025

EFV iShares MSCI Eafe Value ETF Add +0.9% 15.21% +1.46
VTV Vanguard Mrngstr Val ETF-Aui Add +5.7% 9.89% +0.49
FNDF Schwab Fndmn Intl LRG Co. ETF Add +1.4% 6.72% +0.48
SCHD Schwab US DVD Equity ETF Add +4.5% 6.52% +0.27
VONV Vanguard Russell 1000 Value Add +14.1% 1.53% +0.18
SGOV iShares 0-3 Month Treasury B Add +304.6% 0.17% +0.13
VBR Vngrd Mrngst SL-CP Val ETF-U Add +22.7% 0.81% +0.09
TGT Target Corp. Add +267.8% 0.12% +0.08
ING ING Groep N.V.-Sponsored ADR Add +43.0% 0.17% +0.07
TTE Totalenergies SE -Spon ADR Add +28.0% 0.19% +0.06
AMGN Amgen Inc. Add +26.7% 0.18% +0.06
VZ Verizon Communications Inc. Add +2.5% 0.49% +0.06
CB Chubb Ltd. Add +18.8% 0.20% +0.04
SMFG Sumitomo Mitsui-Spons ADR Add +60.0% 0.11% +0.04
ELV Elevance Health Inc. Add +25.6% 0.12% +0.04
NWG Natwest Group PLC -Spon ADR Add +109.0% 0.06% +0.04
CVS CVS Health Corp. Add +6.2% 0.10% +0.04
OZK Bank Ozk Add +4828.6% 0.04% +0.03
KGC Kinross Gold Corp. Add +68.6% 0.06% +0.03
UPS United Parcel Service Class B Add +56.8% 0.14% +0.03
BAX Baxter International Inc. Add +35.2% 0.10% +0.03
ABT Abbott Laboratories Add +0.2% 0.25% +0.03
CNC Centene Corp. Add +273.8% 0.04% +0.03
EELV Invesco S&P Emerging Markets New 0.03% +0.03
AZN Astrazeneca PLC-Spons ADR Add +44.6% 0.08% +0.03
NBB Nuveen Taxable Municipal Inc. Add +0.2% 0.70% +0.03
CVE Cenovus Energy Inc. New 0.03% +0.03
LKQ LKQ Corp. Add +299.6% 0.04% +0.03
APH Amphenol Corp. Class A Add +174.7% 0.05% +0.03
SBUX Starbucks Corp. Add +13.7% 0.18% +0.03
FNDX Schwab Fndmntl US LRG Co. ETF Add +3.2% 6.66% +0.03
IQV Iqvia Holdings Inc. Add +178.4% 0.05% +0.03
PUK Prudential PLC-ADR Add +70.4% 0.05% +0.03
APD Air Products & Chemicals Inc. Add +33.1% 0.11% +0.03
SCHY Schwab International DVD ETF Add +8.2% 0.19% +0.03
BABA Alibaba Group Holding-SP ADR New 0.02% +0.02
NVDA Nvidia Corp. Add +198.2% 0.04% +0.02
AJG Arthur J Gallagher & Co. Add +30.3% 0.07% +0.02
BNY Bank of New York Mellon Corp. Add +2.1% 0.29% +0.02
NVS Novartis AG-Sponsored ADR Add +0.2% 0.22% +0.02
PGR Progressive Corp. Add +2.1% 0.15% +0.02
SCHW Schwab (charles) Corp. Add +9.5% 0.20% +0.02
MA Mastercard Inc. Class A Add +23.3% 0.11% +0.02
KB KB Financial Group Inc.-ADR Add +141.8% 0.04% +0.02
KT KT Corp.-SP ADR Add +143.2% 0.03% +0.02
TECK Teck Resources Ltd.-CLS B Add +104.8% 0.05% +0.02
META Meta Platforms Inc. Class A Add +41.7% 0.07% +0.02
CRH CRH PLC Add +68.6% 0.05% +0.02
GPC Genuine Parts Co. Add +33.7% 0.08% +0.02
EG Everest Group Ltd. Add +79.1% 0.04% +0.02

Notes & Other Activity Q4 2024 → Q1 2025

UTG Reaves Utility Income Fund COM SH BEN INT Reduce -100.0% 0 $0
PARAA Paramount Global Class B CLASS B COM Reduce -100.0% 0 $0
HRB H&R Block Inc. COM Reduce -100.0% 0 $0
SNV Synovus Financial Corp. COM NEW Reduce -100.0% 0 $0
OEC Orion SA COM Reduce -100.0% 0 $0
AGR Avangrid Inc. Stock Sold out 0 $0before exit
UMBF Umb Financial Corp. COM New 0 $0
WSBC Wesbanco Inc. COM New 0 $0

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,036$156.9MEFV, VTV, SCHD, FNDX, FNDF
Q1 2026 1,082$152.9MEFV, VTV, SCHD, FNDF, FNDX
Q4 2025 1,080$147.8MEFV, VTV, SCHD, FNDF, FNDX
Q3 2025 1,079$139.6MEFV, VTV, FNDF, FNDX, SCHD
Q2 2025 1,077$131.9MEFV, VTV, FNDF, FNDX, SCHD
Q1 2025 1,086$126.3MEFV, VTV, FNDF, FNDX, SCHD
Q4 2024 1,087$123.2MEFV, VTV, FNDX, SCHD, FNDF
Q3 2024 1,114$128.8MEFV, VTV, FNDF, FNDX, SCHD
Q2 2024 985$118.9MEFV, VTV, FNDF, FNDX, SCHD
Q1 2024 958$121.6MEFV, VTV, FNDF, FNDX, SCHD