Cliftonlarsonallen Wealth Advisors, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 21, 2025), Cliftonlarsonallen Wealth Advisors, LLC reported 202 stock positions worth $6.0 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 18.9% of the portfolio, followed by Invesco S&P 500 Quality ETF (SPHQ, 9.6%) and Vanguard Ftse Developed ETF (VEA, 7.2%). Compared with Q1 2025, it opened 16 new positions, sold out of 8, added to 79 and reduced 87. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +9%) and the biggest sale iShares National Muni Bond E (MUB, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0000944361
- Portfolio Value
- $6.0B (Q2 2025)
- SEC Filing
- 0000944361-25-000005 ↗ filed Jul 21, 2025
Holdings Value
Holdings 202 stocks · $6.0B
| VOO Vanguard S&P 500 ETF | 18.92% | 1,985,564 | $1.1B | Add +9.3% |
| SPHQ Invesco S&P 500 Quality ETF | 9.61% | 8,043,049 | $573.1M | Add +4.1% |
| VEA Vanguard Ftse Developed ETF | 7.25% | 7,576,249 | $431.9M | Add +5.4% |
| SPAB SS SPDR P Agg Bond ETF | 5.43% | 12,634,914 | $323.5M | Add +7.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 4.15% | 5,046,259 | $247.4M | Add +9.0% |
| SPIB SS SPDR P Int C Corp. ETF | 3.11% | 5,512,775 | $185.1M | Add +9.4% |
| VIGI Vanguard Int Div App Indx FD | 2.78% | 1,835,873 | $165.4M | Add +5.6% |
| SPSM SS SPDR P S&P 600 Small Cap | 2.26% | 3,167,590 | $134.9M | Add +5.5% |
| VWO Vanguard Ftse Emerging Marke | 2.24% | 2,697,697 | $133.4M | Add +6.8% |
| NOBL Proshares S&P 500 Dividend A | 2.18% | 1,292,490 | $130.2M | Add +1.9% |
| VGIT Vanguard Intermediate-Term T | 2.10% | 2,096,896 | $125.4M | Add +6.7% |
| IVW iShares S&P 500 Growth ETF | 1.86% | 1,005,071 | $110.7M | Reduce -7.1% |
| IEFA iShares Core MSCI Eafe ETF | 1.78% | 1,271,801 | $106.2M | Reduce -11.5% |
| IVE iShares S&P 500 Value ETF | 1.65% | 504,103 | $98.5M | Reduce -9.5% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.58% | 989,939 | $94.4M | Add +5.1% |
| MBB iShares MBS ETF | 1.51% | 960,195 | $90.2M | Add +2.0% |
| PZA Invesco National Amt-Free Mu | 1.46% | 3,896,663 | $87.2M | Add +5.3% |
| SHM SS SPDR N Ice St Muni ETF | 1.24% | 1,545,071 | $73.9M | Add +2.4% |
| MUB iShares National Muni Bond E | 1.22% | 697,556 | $72.9M | Reduce -13.0% |
| DFAC Dimensional US Core Equity 2 | 1.15% | 1,920,574 | $68.8M | Reduce -4.0% |
| QUAL iShares MSCI USA Quality Fac | 1.11% | 363,535 | $66.5M | Add +58.0% |
| SCHG Schwab US Large-Cap Growth | 1.03% | 2,095,181 | $61.2M | Reduce -1.5% |
| PFF iShares Preferred & Income S | 1.00% | 1,948,730 | $59.8M | Add +3.4% |
| SCHB Schwab US Broad Market ETF | 1.00% | 2,507,408 | $59.8M | Reduce -2.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.89% | 175,403 | $53.3M | Add +86.9% |
| FLMI Franklin Dynamic Municipal B | 0.88% | 2,166,091 | $52.5M | Add +5.2% |
| HYMB SS SPDR N Ice HY Muni ETF | 0.87% | 2,104,713 | $52.2M | Add +6.2% |
| IWY iShares Russell Top 200 Grow | 0.78% | 187,654 | $46.3M | Reduce -8.3% |
| IVV iShares Core S&P 500 ETF | 0.78% | 74,434 | $46.2M | Reduce -7.3% |
| IEMG iShares Core MSCI Emerging | 0.70% | 693,107 | $41.6M | Reduce -11.8% |
| DFAX Dimensional World Ex US Core | 0.67% | 1,362,512 | $40.0M | Reduce -4.8% |
| EOG EOG Resources Inc. | 0.65% | 324,589 | $38.8M | Reduce 0.0% |
| CWI State Street SPDR MSCI Acwi | 0.63% | 1,148,042 | $37.5M | Reduce -3.4% |
| AAPL Apple Inc. | 0.60% | 173,120 | $35.5M | Add +0.6% |
| JIRE JPMorgan Int Res Enh Eqty | 0.58% | 485,913 | $34.4M | Add +15.4% |
| IQLT iShares MSCI International Q | 0.51% | 708,484 | $30.6M | Reduce -14.6% |
| MSFT Microsoft Corp. | 0.51% | 61,494 | $30.6M | Add +58.1% |
| SPLV Invesco S&P 500 Low Volatili | 0.46% | 374,000 | $27.2M | Add +0.4% |
| IBTF iShares Ibonds Dec 2025 Term | 0.42% | 1,061,348 | $24.8M | Add +1.0% |
| IGEB iShares Investment Grade SYS | 0.40% | 519,201 | $23.6M | Reduce -15.1% |
| SCHZ Schwab US Aggregate Bond ETF | 0.39% | 990,638 | $23.0M | Reduce -2.8% |
| SCHV Schwab US Large-Cap Value | 0.35% | 761,893 | $21.1M | Reduce -1.6% |
| SCHA Schwab US Small-Cap ETF | 0.35% | 827,634 | $20.9M | Add +311.5% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.34% | 395,637 | $20.1M | Add +6.5% |
| JPST JPMorgan Ultra-Short Income | 0.33% | 383,556 | $19.4M | Add +0.4% |
| IXUS iShares Core Intl Stock ETF | 0.32% | 248,417 | $19.2M | Reduce -11.1% |
| IJR iShares Core S&P Small-Cap E | 0.31% | 167,265 | $18.3M | Reduce -2.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.30% | 29,375 | $18.1M | Reduce -0.9% |
| IEI iShares 3-7 Year Treasury Bo | 0.30% | 148,667 | $17.7M | Reduce -15.5% |
| IBTG iShares Ibonds Dec 2026 Term | 0.29% | 747,142 | $17.1M | Add +11.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.29% | 253,498 | $17.0M | Add +11.1% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.28% | 370,864 | $16.6M | Reduce -12.6% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.26% | 282,180 | $15.4M | Reduce -25.0% |
| ITOT iShares Core S&P Total U.S. | 0.26% | 113,376 | $15.3M | Reduce -6.0% |
| SCHF Schwab Intl Equity ETF | 0.24% | 653,755 | $14.4M | Reduce -9.4% |
| AGG iShares Core U.S. Aggregate | 0.23% | 135,719 | $13.5M | Reduce -9.4% |
| IEF iShares 7-10 Year Treasury B | 0.22% | 134,274 | $12.9M | Reduce -14.5% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.20% | 149,699 | $12.1M | Reduce -14.7% |
| IWD iShares Russell 1000 Value E | 0.19% | 57,958 | $11.3M | Reduce -5.3% |
| ROK Rockwell Automation Inc. | 0.19% | 33,691 | $11.2M | Add +0.8% |
| IWF iShares Russell 1000 Growth | 0.18% | 25,336 | $10.8M | Reduce -2.1% |
| IBTH iShares Ibonds Dec 2027 Term | 0.17% | 446,695 | $10.0M | Add +19.7% |
| NVDA Nvidia Corp. | 0.17% | 62,878 | $9.9M | Reduce -19.3% |
| SUB iShares Short-Term National | 0.16% | 87,599 | $9.3M | Add +29.5% |
| SDY SS SPDR S&P Dividend ETF | 0.15% | 66,230 | $9.0M | Reduce -0.3% |
| SUSL iShares ESG MSCI USA Leaders | 0.15% | 80,013 | $8.7M | Reduce -2.2% |
| AMZN Amazon.com Inc. | 0.14% | 37,510 | $8.2M | Reduce -47.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.13% | 195,176 | $7.9M | Add +27.4% |
| EAGG iShares ESG Aware US Aggrega | 0.13% | 158,301 | $7.5M | Reduce -1.1% |
| IJH iShares Core S&P Midcap ETF | 0.12% | 117,608 | $7.3M | Add +4.9% |
| MLN Vaneck Long Muni ETF | 0.12% | 420,049 | $7.1M | Add +220.4% |
| GOVT iShares US Treasury Bond ETF | 0.11% | 289,674 | $6.7M | Reduce -10.7% |
| IBDQ iShares Ibonds Dec 2025 Term | 0.11% | 260,361 | $6.6M | Add +20.1% |
| PG The Procter & Gamble Co. | 0.11% | 39,333 | $6.3M | Add +18.0% |
| USIG iShares Broad Usd Investment | 0.10% | 120,566 | $6.2M | Reduce -13.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.10% | 13,838 | $6.1M | Add +1.6% |
| VIG Vanguard Dividend Apprec ETF | 0.10% | 29,546 | $6.0M | Reduce -0.2% |
| SCHP Schwab U.S. Tips ETF | 0.10% | 225,788 | $6.0M | Reduce -4.2% |
| SHYM iShares Short Duration High | 0.10% | 262,371 | $5.9M | Reduce -11.8% |
| IWM iShares Russell 2000 ETF | 0.10% | 27,002 | $5.8M | Add +0.3% |
| VT Vanguard Tot World STK ETF | 0.10% | 44,069 | $5.7M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 0.09% | 19,340 | $5.6M | Add +34.3% |
| CEG Constellation Energy | 0.09% | 16,848 | $5.4M | Reduce -3.3% |
| IBMP iShares Ibonds Dec 2027 Term | 0.09% | 202,026 | $5.1M | Add +27.3% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.08% | 160,686 | $4.8M | Add +172.2% |
| CMF iShares California Muni Bond | 0.08% | 85,544 | $4.8M | Add +25.7% |
| IBMO iShares Ibonds Dec 2026 Term | 0.08% | 181,579 | $4.7M | Add +25.8% |
| GOOGL Alphabet Inc. Class A | 0.08% | 26,367 | $4.6M | Add +2.4% |
| IBMQ iShares Ibonds Dec 2028 Muni | 0.08% | 181,110 | $4.6M | Add +4.9% |
| IBTI iShares Ibonds Dec 2028 Term | 0.08% | 205,773 | $4.6M | Add +16.6% |
| ABBV Abbvie Inc. | 0.08% | 24,562 | $4.6M | Add +14.2% |
| ESGD iShares Trust iShares ESG Aw | 0.07% | 49,116 | $4.4M | Reduce -3.1% |
| IBDR iShares Ibonds Dec 2026 Term | 0.07% | 178,281 | $4.3M | Add +22.0% |
| IBMN iShares Ibonds Dec 2025 Term | 0.07% | 161,350 | $4.3M | Add +8.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.07% | 24,259 | $4.3M | Reduce -6.8% |
| SCHO Schwab Short-Term US Treas | 0.07% | 161,559 | $3.9M | Reduce -3.7% |
| XOM Exxon Mobil Corp. | 0.06% | 34,996 | $3.8M | Add +14.9% |
| IBTJ iShares Ibonds Dec 2029 Term | 0.06% | 166,053 | $3.6M | Add +30.9% |
| GSLC Goldman Activebeta US LC ETF | 0.06% | 27,629 | $3.4M | New |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.06% | 137,467 | $3.3M | Add +16.7% |
Portfolio Sells Q1 2025 → Q2 2025
| MUB iShares National Muni Bond E | Reduce -13.0% | 1.22% | −0.35 |
| IVE iShares S&P 500 Value ETF | Reduce -9.5% | 1.65% | −0.33 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -11.5% | 1.78% | −0.25 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.23 |
| EOG EOG Resources Inc. | Reduce 0.0% | 0.65% | −0.13 |
| IGEB iShares Investment Grade SYS | Reduce -15.1% | 0.40% | −0.12 |
| AMZN Amazon.com Inc. | Reduce -47.9% | 0.14% | −0.12 |
| IQLT iShares MSCI International Q | Reduce -14.6% | 0.51% | −0.10 |
| IEMG iShares Core MSCI Emerging | Reduce -11.8% | 0.70% | −0.09 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -15.5% | 0.30% | −0.09 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -25.0% | 0.26% | −0.08 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -12.6% | 0.28% | −0.08 |
| DFAC Dimensional US Core Equity 2 | Reduce -4.0% | 1.15% | −0.08 |
| IVV iShares Core S&P 500 ETF | Reduce -7.3% | 0.78% | −0.07 |
| IEF iShares 7-10 Year Treasury B | Reduce -14.5% | 0.22% | −0.06 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -14.7% | 0.20% | −0.06 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -2.8% | 0.39% | −0.05 |
| AGG iShares Core U.S. Aggregate | Reduce -9.4% | 0.23% | −0.05 |
| IXUS iShares Core Intl Stock ETF | Reduce -11.1% | 0.32% | −0.04 |
| SCHV Schwab US Large-Cap Value | Reduce -1.6% | 0.35% | −0.03 |
| IWY iShares Russell Top 200 Grow | Reduce -8.3% | 0.78% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -2.9% | 0.31% | −0.03 |
| USIG iShares Broad Usd Investment | Reduce -13.8% | 0.10% | −0.03 |
| DFAX Dimensional World Ex US Core | Reduce -4.8% | 0.67% | −0.03 |
| SHYM iShares Short Duration High | Reduce -11.8% | 0.10% | −0.03 |
| GOVT iShares US Treasury Bond ETF | Reduce -10.7% | 0.11% | −0.03 |
| CWI State Street SPDR MSCI Acwi | Reduce -3.4% | 0.63% | −0.03 |
| IWD iShares Russell 1000 Value E | Reduce -5.3% | 0.19% | −0.03 |
| SCHB Schwab US Broad Market ETF | Reduce -2.0% | 1.00% | −0.02 |
| VXUS Vanguard Total Intl Stock | Reduce -58.8% | 0.02% | −0.02 |
| SCHF Schwab Intl Equity ETF | Reduce -9.4% | 0.24% | −0.02 |
| IBTO iShares Ibonds Dec 2033 Tres | Reduce -65.5% | 0.01% | −0.02 |
| ITOT iShares Core S&P Total U.S. | Reduce -6.0% | 0.26% | −0.02 |
| SDY SS SPDR S&P Dividend ETF | Reduce -0.3% | 0.15% | −0.02 |
| SCHP Schwab U.S. Tips ETF | Reduce -4.2% | 0.10% | −0.02 |
| KO The Coca-Cola Co. | Reduce -29.1% | 0.03% | −0.02 |
| IVW iShares S&P 500 Growth ETF | Reduce -7.1% | 1.86% | −0.02 |
| EAGG iShares ESG Aware US Aggrega | Reduce -1.1% | 0.13% | −0.02 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -17.9% | 0.03% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.01 |
| PTY PIMCO Corporate & Income Opp | Reduce -20.4% | 0.03% | −0.01 |
| SCHM Schwab US Mid Cap ETF | Reduce -17.7% | 0.05% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -6.8% | 0.07% | −0.01 |
| BND Vanguard Total Bond Market | Reduce -29.1% | 0.02% | −0.01 |
| WM Waste Management Inc. | Reduce -7.8% | 0.05% | −0.01 |
| SCHO Schwab Short-Term US Treas | Reduce -3.7% | 0.07% | −0.01 |
| CVX Chevron Corp. | Reduce -3.0% | 0.03% | −0.01 |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | Reduce -35.3% | 0.01% | −0.01 |
| EXC Exelon Corp. | Reduce -3.6% | 0.04% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| VOO Vanguard S&P 500 ETF | Add +9.3% | 18.92% | +1.51 |
| VEA Vanguard Ftse Developed ETF | Add +5.4% | 7.25% | +0.43 |
| VTI VG Morningstar TS MKT ETF-US | Add +86.9% | 0.89% | +0.41 |
| QUAL iShares MSCI USA Quality Fac | Add +58.0% | 1.11% | +0.38 |
| SCHA Schwab US Small-Cap ETF | Add +311.5% | 0.35% | +0.26 |
| MSFT Microsoft Corp. | Add +58.1% | 0.51% | +0.24 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +5.1% | 1.58% | +0.17 |
| VWO Vanguard Ftse Emerging Marke | Add +6.8% | 2.24% | +0.11 |
| VIGI Vanguard Int Div App Indx FD | Add +5.6% | 2.78% | +0.09 |
| MLN Vaneck Long Muni ETF | Add +220.4% | 0.12% | +0.08 |
| JIRE JPMorgan Int Res Enh Eqty | Add +15.4% | 0.58% | +0.08 |
| SPHQ Invesco S&P 500 Quality ETF | Add +4.1% | 9.61% | +0.06 |
| GSLC Goldman Activebeta US LC ETF | New | 0.06% | +0.06 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +172.2% | 0.08% | +0.05 |
| JGRO JPMorgan Active Growth ETF | New | 0.05% | +0.05 |
| UNP Union Pacific Corp. | New | 0.04% | +0.04 |
| BMO Bank of Montreal | New | 0.04% | +0.04 |
| HYD Vaneck High Yield Muni ETF | New | 0.03% | +0.03 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +27.4% | 0.13% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +34.3% | 0.09% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +11.1% | 0.29% | +0.03 |
| ROK Rockwell Automation Inc. | Add +0.8% | 0.19% | +0.03 |
| QEFA STSR SPD MSC Eaf Stgfs-US Inc. | New | 0.03% | +0.03 |
| JMUB JPMorgan Municipal ETF | New | 0.02% | +0.02 |
| SUB iShares Short-Term National | Add +29.5% | 0.16% | +0.02 |
| PEP Pepsico Inc. | New | 0.02% | +0.02 |
| DGRO iShares Core Dividend Growth | Add +83.2% | 0.05% | +0.02 |
| CMCSA Comcast Corp. Class A | New | 0.02% | +0.02 |
| IBDY iShares Ibonds Dec 2033 Corp. | New | 0.02% | +0.02 |
| IBMR iShares Ibonds Dec 2029 M BD | Add +50.1% | 0.05% | +0.01 |
| PREF Pri Spe Pre Sec Acti-Usd Inc. | New | 0.01% | +0.01 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +111.7% | 0.03% | +0.01 |
| IBTH iShares Ibonds Dec 2027 Term | Add +19.7% | 0.17% | +0.01 |
| DIS The Walt Disney Co. | Add +31.4% | 0.04% | +0.01 |
| SHYD Vaneck SH Hi YLD Muni | Add +230.7% | 0.02% | +0.01 |
| IBMP iShares Ibonds Dec 2027 Term | Add +27.3% | 0.09% | +0.01 |
| BMY Bristol-Myers Squibb Co. | New | 0.01% | +0.01 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +30.9% | 0.06% | +0.01 |
| IBMO iShares Ibonds Dec 2026 Term | Add +25.8% | 0.08% | +0.01 |
| CMF iShares California Muni Bond | Add +25.7% | 0.08% | +0.01 |
| IYE iShares U.S. Energy ETF | New | 0.01% | +0.01 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +20.1% | 0.11% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +1.6% | 0.10% | +0.01 |
| CALF PCR US SM CP CSH CWS ETF-Usd | New | 0.01% | +0.01 |
| IBDR iShares Ibonds Dec 2026 Term | Add +22.0% | 0.07% | +0.01 |
| AGGY Wisdomtree Yield Enhanced US | Add +35.6% | 0.03% | +0.01 |
| IVT Inventrust Properties Corp. | New | 0.01% | +0.01 |
| NAD Nuveen Quality Municipal Inc. | Add +43.2% | 0.03% | +0.01 |
| WMT Walmart Inc. | Add +18.3% | 0.03% | +0.01 |
| IBTI iShares Ibonds Dec 2028 Term | Add +16.6% | 0.08% | +0.00 |
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 |