Cliftonlarsonallen Wealth Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), Cliftonlarsonallen Wealth Advisors, LLC reported 194 stock positions worth $5.4 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 17.4% of the portfolio, followed by Invesco S&P 500 Quality ETF (SPHQ, 9.6%) and Vanguard Ftse Developed ETF (VEA, 6.8%). Compared with Q4 2024, it opened 12 new positions, sold out of 8, added to 80 and reduced 75. The biggest buy was iShares MBS ETF (MBB, shares +2003%) and the biggest sale iShares Core U.S. Aggregate (AGG, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0000944361
- Portfolio Value
- $5.4B (Q1 2025)
- SEC Filing
- 0000944361-25-000004 ↗ filed Apr 17, 2025
Holdings Value
Holdings 194 stocks · $5.4B
| VOO Vanguard S&P 500 ETF | 17.41% | 1,816,302 | $933.4M | Add +15.6% |
| SPHQ Invesco S&P 500 Quality ETF | 9.56% | 7,723,962 | $512.4M | Add +0.7% |
| VEA Vanguard Ftse Developed ETF | 6.82% | 7,190,319 | $365.5M | Reduce -4.8% |
| SPAB SS SPDR P Agg Bond ETF | 5.59% | 11,745,372 | $300.0M | Reduce -8.4% |
| VTEB Vanguard Tax-Exempt Bond ETF | 4.29% | 4,630,555 | $229.8M | Add +20.6% |
| SPIB SS SPDR P Int C Corp. ETF | 3.12% | 5,038,144 | $167.5M | Add +30.6% |
| VIGI Vanguard Int Div App Indx FD | 2.69% | 1,738,592 | $144.2M | Reduce -9.8% |
| NOBL Proshares S&P 500 Dividend A | 2.42% | 1,267,831 | $129.5M | Add +2.4% |
| SPSM SS SPDR P S&P 600 Small Cap | 2.28% | 3,004,000 | $122.4M | Add +47.9% |
| VGIT Vanguard Intermediate-Term T | 2.18% | 1,964,943 | $116.7M | Add +67.7% |
| VWO Vanguard Ftse Emerging Marke | 2.13% | 2,526,308 | $114.3M | Add +6.9% |
| IEFA iShares Core MSCI Eafe ETF | 2.03% | 1,437,549 | $108.8M | Reduce -35.6% |
| IVE iShares S&P 500 Value ETF | 1.98% | 557,167 | $106.2M | Reduce -12.4% |
| IVW iShares S&P 500 Growth ETF | 1.87% | 1,081,372 | $100.4M | Reduce -20.4% |
| MBB iShares MBS ETF | 1.65% | 941,711 | $88.3M | Add +2003.0% |
| PZA Invesco National Amt-Free Mu | 1.59% | 3,700,049 | $85.2M | Add +37.0% |
| MUB iShares National Muni Bond E | 1.58% | 802,166 | $84.6M | Reduce -28.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.41% | 941,935 | $75.7M | Add +0.9% |
| SHM SS SPDR N Ice St Muni ETF | 1.34% | 1,508,867 | $71.8M | Reduce -12.1% |
| DFAC Dimensional US Core Equity 2 | 1.23% | 2,000,671 | $66.0M | Reduce -2.3% |
| PFF iShares Preferred & Income S | 1.08% | 1,884,697 | $57.9M | Add +4.9% |
| SCHB Schwab US Broad Market ETF | 1.03% | 2,557,985 | $55.1M | Reduce -7.1% |
| SCHG Schwab US Large-Cap Growth | 0.99% | 2,127,611 | $53.3M | Reduce -4.0% |
| FLMI Franklin Dynamic Municipal B | 0.94% | 2,059,688 | $50.3M | New |
| HYMB SS SPDR N Ice HY Muni ETF | 0.93% | 1,982,348 | $50.0M | Add +3137.7% |
| IVV iShares Core S&P 500 ETF | 0.84% | 80,333 | $45.1M | Reduce -10.4% |
| IWY iShares Russell Top 200 Grow | 0.81% | 204,727 | $43.2M | Reduce -18.5% |
| IEMG iShares Core MSCI Emerging | 0.79% | 785,755 | $42.4M | Reduce -10.0% |
| EOG EOG Resources Inc. | 0.78% | 324,591 | $41.6M | Reduce -0.2% |
| QUAL iShares MSCI USA Quality Fac | 0.73% | 230,078 | $39.3M | Add +131.3% |
| AAPL Apple Inc. | 0.71% | 172,060 | $38.2M | Add +0.1% |
| DFAX Dimensional World Ex US Core | 0.70% | 1,430,766 | $37.5M | Reduce -3.3% |
| CWI State Street SPDR MSCI Acwi | 0.66% | 1,188,221 | $35.1M | Reduce -2.1% |
| IQLT iShares MSCI International Q | 0.61% | 829,212 | $32.9M | Add +1194.2% |
| SPLV Invesco S&P 500 Low Volatili | 0.52% | 372,669 | $27.8M | Add +3.2% |
| IGEB iShares Investment Grade SYS | 0.51% | 611,374 | $27.5M | New |
| JIRE JPMorgan Int Res Enh Eqty | 0.50% | 421,219 | $26.8M | Add +34.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.48% | 93,869 | $25.8M | Add +71.6% |
| IBTF iShares Ibonds Dec 2025 Term | 0.46% | 1,051,268 | $24.6M | Add +1.9% |
| SCHZ Schwab US Aggregate Bond ETF | 0.44% | 1,019,167 | $23.6M | Reduce -2.7% |
| IEI iShares 3-7 Year Treasury Bo | 0.39% | 175,865 | $20.8M | New |
| SCHV Schwab US Large-Cap Value | 0.38% | 774,249 | $20.6M | Reduce -13.4% |
| IXUS iShares Core Intl Stock ETF | 0.36% | 279,277 | $19.5M | Reduce -10.8% |
| JPST JPMorgan Ultra-Short Income | 0.36% | 381,892 | $19.3M | Add +7.4% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.36% | 424,225 | $19.1M | Reduce -76.0% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.35% | 371,461 | $18.9M | Reduce -4.7% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.34% | 376,398 | $18.4M | New |
| IJR iShares Core S&P Small-Cap E | 0.34% | 172,256 | $18.0M | Reduce -39.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 29,658 | $16.6M | Add +3.0% |
| IBTG iShares Ibonds Dec 2026 Term | 0.29% | 670,114 | $15.4M | Add +26.9% |
| IEF iShares 7-10 Year Treasury B | 0.28% | 156,991 | $15.0M | Add +1163.7% |
| AGG iShares Core U.S. Aggregate | 0.28% | 149,871 | $14.8M | Reduce -84.4% |
| ITOT iShares Core S&P Total U.S. | 0.27% | 120,555 | $14.7M | Reduce -9.7% |
| MSFT Microsoft Corp. | 0.27% | 38,892 | $14.6M | Add +5.3% |
| SCHF Schwab Intl Equity ETF | 0.27% | 721,477 | $14.3M | Reduce -21.4% |
| VEU Vanguard Ftse All-World Ex-U | 0.26% | 228,176 | $13.8M | Reduce -11.2% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.26% | 175,434 | $13.8M | New |
| AMZN Amazon.com Inc. | 0.26% | 71,960 | $13.7M | Reduce -16.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 22,803 | $12.1M | Add +0.5% |
| IWD iShares Russell 1000 Value E | 0.21% | 61,203 | $11.5M | Reduce -5.1% |
| IWF iShares Russell 1000 Growth | 0.17% | 25,871 | $9.3M | Reduce -5.3% |
| SDY SS SPDR S&P Dividend ETF | 0.17% | 66,447 | $9.0M | Reduce -13.3% |
| ROK Rockwell Automation Inc. | 0.16% | 33,418 | $8.6M | Reduce -0.5% |
| NVDA Nvidia Corp. | 0.16% | 77,902 | $8.4M | Add +10.6% |
| IBTH iShares Ibonds Dec 2027 Term | 0.16% | 373,267 | $8.4M | Add +41.6% |
| SUSL iShares ESG MSCI USA Leaders | 0.15% | 81,786 | $7.8M | Add +14.3% |
| EAGG iShares ESG Aware US Aggrega | 0.14% | 160,030 | $7.6M | Add +133.3% |
| GOVT iShares US Treasury Bond ETF | 0.14% | 324,348 | $7.5M | Reduce -12.7% |
| USIG iShares Broad Usd Investment | 0.13% | 139,906 | $7.1M | Reduce -63.7% |
| SUB iShares Short-Term National | 0.13% | 67,632 | $7.1M | New |
| SHYM iShares Short Duration High | 0.13% | 297,380 | $6.7M | New |
| IJH iShares Core S&P Midcap ETF | 0.12% | 112,098 | $6.5M | Reduce -6.8% |
| SCHP Schwab U.S. Tips ETF | 0.12% | 235,664 | $6.3M | Add +0.8% |
| VIG Vanguard Dividend Apprec ETF | 0.11% | 29,612 | $5.7M | Reduce -4.6% |
| PG The Procter & Gamble Co. | 0.11% | 33,324 | $5.7M | Reduce -29.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.10% | 153,216 | $5.6M | Reduce -12.8% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.10% | 216,737 | $5.5M | Add +10.9% |
| IWM iShares Russell 2000 ETF | 0.10% | 26,913 | $5.4M | Reduce -19.6% |
| VT Vanguard Tot World STK ETF | 0.10% | 44,128 | $5.1M | Add +0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.09% | 13,618 | $5.0M | Reduce -1.8% |
| SCHA Schwab US Small-Cap ETF | 0.09% | 201,116 | $4.7M | Add +81.0% |
| ABBV Abbvie Inc. | 0.08% | 21,509 | $4.5M | Reduce -0.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.08% | 26,030 | $4.5M | Reduce -0.6% |
| IBMQ iShares Ibonds Dec 2028 Muni | 0.08% | 172,701 | $4.4M | Add +5.9% |
| ESGD iShares Trust iShares ESG Aw | 0.08% | 50,674 | $4.1M | Add +20.1% |
| SCHO Schwab Short-Term US Treas | 0.08% | 167,735 | $4.1M | Reduce -0.8% |
| IBMP iShares Ibonds Dec 2027 Term | 0.07% | 158,745 | $4.0M | Add +19.3% |
| GOOGL Alphabet Inc. Class A | 0.07% | 25,758 | $4.0M | Add +5.3% |
| IBMN iShares Ibonds Dec 2025 Term | 0.07% | 148,658 | $4.0M | Add +17.4% |
| IBTI iShares Ibonds Dec 2028 Term | 0.07% | 176,515 | $3.9M | Add +63.3% |
| CMF iShares California Muni Bond | 0.07% | 68,077 | $3.8M | Add +20.1% |
| DVN Devon Energy Corp. | 0.07% | 98,814 | $3.7M | Add +0.3% |
| IBMO iShares Ibonds Dec 2026 Term | 0.07% | 144,392 | $3.7M | Add +23.7% |
| XOM Exxon Mobil Corp. | 0.07% | 30,456 | $3.6M | Reduce -1.8% |
| IBDR iShares Ibonds Dec 2026 Term | 0.07% | 146,155 | $3.5M | Add +16.4% |
| JPM JPMorgan Chase & Co. | 0.07% | 14,399 | $3.5M | Add +21.3% |
| CEG Constellation Energy | 0.07% | 17,430 | $3.5M | Add +3.0% |
| SCHM Schwab US Mid Cap ETF | 0.06% | 121,301 | $3.2M | No change |
| WM Waste Management Inc. | 0.06% | 13,358 | $3.1M | Add +4.1% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.05% | 117,825 | $2.8M | Add +10.5% |
Portfolio Sells Q4 2024 → Q1 2025
| AGG iShares Core U.S. Aggregate | Reduce -84.4% | 0.28% | −1.53 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -76.0% | 0.36% | −1.21 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -35.6% | 2.03% | −1.01 |
| IVW iShares S&P 500 Growth ETF | Reduce -20.4% | 1.87% | −0.80 |
| VGSH Vanguard Short-Term Treasury | Reduce -96.9% | 0.02% | −0.78 |
| MUB iShares National Muni Bond E | Reduce -28.7% | 1.58% | −0.74 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -8.4% | 5.59% | −0.61 |
| IVE iShares S&P 500 Value ETF | Reduce -12.4% | 1.98% | −0.37 |
| IWY iShares Russell Top 200 Grow | Reduce -18.5% | 0.81% | −0.34 |
| IJR iShares Core S&P Small-Cap E | Reduce -39.5% | 0.34% | −0.30 |
| VIGI Vanguard Int Div App Indx FD | Reduce -9.8% | 2.69% | −0.30 |
| USIG iShares Broad Usd Investment | Reduce -63.7% | 0.13% | −0.24 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -12.1% | 1.34% | −0.24 |
| SCHG Schwab US Large-Cap Growth | Reduce -4.0% | 0.99% | −0.20 |
| VEA Vanguard Ftse Developed ETF | Reduce -4.8% | 6.82% | −0.18 |
| SCHB Schwab US Broad Market ETF | Reduce -7.1% | 1.03% | −0.18 |
| IVV iShares Core S&P 500 ETF | Reduce -10.4% | 0.84% | −0.18 |
| DFAC Dimensional US Core Equity 2 | Reduce -2.3% | 1.23% | −0.14 |
| AMZN Amazon.com Inc. | Reduce -16.4% | 0.26% | −0.11 |
| IEMG iShares Core MSCI Emerging | Reduce -10.0% | 0.79% | −0.09 |
| SCHV Schwab US Large-Cap Value | Reduce -13.4% | 0.38% | −0.07 |
| ITM Vaneck Intermediate Muni ETF | Reduce -87.6% | 0.01% | −0.07 |
| SCHF Schwab Intl Equity ETF | Reduce -21.4% | 0.27% | −0.06 |
| ITOT iShares Core S&P Total U.S. | Reduce -9.7% | 0.27% | −0.06 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -81.1% | 0.01% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -29.4% | 0.11% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -19.6% | 0.10% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -5.3% | 0.17% | −0.04 |
| IXUS iShares Core Intl Stock ETF | Reduce -10.8% | 0.36% | −0.04 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.04 |
| JMST JPM Ultra-Short Muni Income | Reduce -4.7% | 0.35% | −0.03 |
| SDY SS SPDR S&P Dividend ETF | Reduce -13.3% | 0.17% | −0.03 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -11.2% | 0.26% | −0.03 |
| GOVT iShares US Treasury Bond ETF | Reduce -12.7% | 0.14% | −0.03 |
| ROK Rockwell Automation Inc. | Reduce -0.5% | 0.16% | −0.03 |
| AFL Aflac Inc. | Reduce -39.3% | 0.04% | −0.02 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -6.8% | 0.12% | −0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -2.7% | 0.44% | −0.02 |
| EFG iShares MSCI Eafe Growth ETF | Sold out | 0.00% | −0.02 |
| AEM Agnico Eagle Mines Ltd. | Sold out | 0.00% | −0.02 |
| IBDY iShares Ibonds Dec 2033 Corp. | Sold out | 0.00% | −0.02 |
| IWD iShares Russell 1000 Value E | Reduce -5.1% | 0.21% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.8% | 0.09% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -8.4% | 0.04% | −0.02 |
| DFAX Dimensional World Ex US Core | Reduce -3.3% | 0.70% | −0.01 |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | Reduce -12.9% | 0.04% | −0.01 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -12.8% | 0.10% | −0.01 |
| EEM iShares MSCI Emerging Market | Reduce -29.5% | 0.03% | −0.01 |
| JNJ Johnson & Johnson | Reduce -30.1% | 0.04% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| MBB iShares MBS ETF | Add +2003.0% | 1.65% | +1.57 |
| VOO Vanguard S&P 500 ETF | Add +15.6% | 17.41% | +1.00 |
| FLMI Franklin Dynamic Municipal B | New | 0.94% | +0.94 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +3137.7% | 0.93% | +0.90 |
| VGIT Vanguard Intermediate-Term T | Add +67.7% | 2.18% | +0.86 |
| SPIB SS SPDR P Int C Corp. ETF | Add +30.6% | 3.12% | +0.67 |
| IQLT iShares MSCI International Q | Add +1194.2% | 0.61% | +0.57 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +20.6% | 4.29% | +0.56 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +47.9% | 2.28% | +0.52 |
| IGEB iShares Investment Grade SYS | New | 0.51% | +0.51 |
| QUAL iShares MSCI USA Quality Fac | Add +131.3% | 0.73% | +0.39 |
| IEI iShares 3-7 Year Treasury Bo | New | 0.39% | +0.39 |
| PZA Invesco National Amt-Free Mu | Add +37.0% | 1.59% | +0.35 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | New | 0.34% | +0.34 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 0.26% | +0.26 |
| IEF iShares 7-10 Year Treasury B | Add +1163.7% | 0.28% | +0.26 |
| VTI VG Morningstar TS MKT ETF-US | Add +71.6% | 0.48% | +0.17 |
| JIRE JPMorgan Int Res Enh Eqty | Add +34.4% | 0.50% | +0.15 |
| SUB iShares Short-Term National | New | 0.13% | +0.13 |
| SHYM iShares Short Duration High | New | 0.13% | +0.13 |
| VWO Vanguard Ftse Emerging Marke | Add +6.9% | 2.13% | +0.12 |
| EAGG iShares ESG Aware US Aggrega | Add +133.3% | 0.14% | +0.08 |
| IBTG iShares Ibonds Dec 2026 Term | Add +26.9% | 0.29% | +0.05 |
| IBTH iShares Ibonds Dec 2027 Term | Add +41.6% | 0.16% | +0.04 |
| MLN Vaneck Long Muni ETF | Add +839.5% | 0.04% | +0.04 |
| SCHA Schwab US Small-Cap ETF | Add +81.0% | 0.09% | +0.03 |
| SPLV Invesco S&P 500 Low Volatili | Add +3.2% | 0.52% | +0.03 |
| IBTI iShares Ibonds Dec 2028 Term | Add +63.3% | 0.07% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.5% | 0.23% | +0.03 |
| NOBL Proshares S&P 500 Dividend A | Add +2.4% | 2.42% | +0.03 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +109.3% | 0.05% | +0.03 |
| BGRN iShares Usd Green Bond ETF | Add +136.7% | 0.03% | +0.02 |
| VXUS Vanguard Total Intl Stock | Add +69.5% | 0.04% | +0.02 |
| IBTO iShares Ibonds Dec 2033 Tres | Add +138.3% | 0.03% | +0.02 |
| HIMU iShares High Yild Muni A ETF | New | 0.02% | +0.02 |
| ESGD iShares Trust iShares ESG Aw | Add +20.1% | 0.08% | +0.01 |
| MDLZ Mondelez International Inc. Class A | New | 0.01% | +0.01 |
| JPST JPMorgan Ultra-Short Income | Add +7.4% | 0.36% | +0.01 |
| IEUR iShares Core MSCI Europe ETF | New | 0.01% | +0.01 |
| IBMO iShares Ibonds Dec 2026 Term | Add +23.7% | 0.07% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +21.3% | 0.07% | +0.01 |
| IBMP iShares Ibonds Dec 2027 Term | Add +19.3% | 0.07% | +0.01 |
| IBMN iShares Ibonds Dec 2025 Term | Add +17.4% | 0.07% | +0.01 |
| CMF iShares California Muni Bond | Add +20.1% | 0.07% | +0.01 |
| EXC Exelon Corp. | Add +3.0% | 0.04% | +0.01 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +119.2% | 0.01% | +0.01 |
| WM Waste Management Inc. | Add +4.1% | 0.06% | +0.01 |
| IBDR iShares Ibonds Dec 2026 Term | Add +16.4% | 0.07% | +0.01 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +10.9% | 0.10% | +0.01 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +22.7% | 0.04% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 253 | $7.6B | VOO, VEA, SPHQ, VTEB, SPSM |
| Q1 2026 | 222 | $6.8B | VOO, VEA, SPHQ, VTEB, SPAB |
| Q4 2025 | 209 | $6.6B | VOO, SPHQ, VEA, SPAB, VTEB |
| Q3 2025 | 201 | $6.3B | VOO, SPHQ, VEA, SPAB, VTEB |
| Q2 2025 | 202 | $6.0B | VOO, SPHQ, VEA, SPAB, VTEB |
| Q1 2025 | 194 | $5.4B | VOO, SPHQ, VEA, SPAB, VTEB |
| Q4 2024 | 190 | $5.2B | VOO, SPHQ, VEA, SPAB, VTEB |
| Q3 2024 | 183 | $4.3B | SPHQ, VEA, SPAB, VTEB, IEFA |
| Q2 2024 | 180 | $4.7B | VOO, SPHQ, VEA, SPAB, VTEB |
| Q1 2024 | 179 | $4.4B | VOO, SPHQ, VEA, SPAB, IEFA |