Cliftonlarsonallen Wealth Advisors, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), Cliftonlarsonallen Wealth Advisors, LLC reported 201 stock positions worth $6.3 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 19.5% of the portfolio, followed by Invesco S&P 500 Quality ETF (SPHQ, 9.7%) and Vanguard Ftse Developed ETF (VEA, 7.3%). Compared with Q2 2025, it opened 8 new positions, sold out of 9, added to 84 and reduced 89. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +2%) and the biggest sale an exit from iShares Ibonds Dec 2025 Term (IBTF).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0000944361
- Portfolio Value
- $6.3B (Q3 2025)
- SEC Filing
- 0000944361-25-000007 ↗ filed Oct 14, 2025
Holdings Value
Holdings 201 stocks · $6.3B
| VOO Vanguard S&P 500 ETF | 19.52% | 2,019,365 | $1.2B | Add +1.7% |
| SPHQ Invesco S&P 500 Quality ETF | 9.73% | 8,413,908 | $616.7M | Add +4.6% |
| VEA Vanguard Ftse Developed ETF | 7.31% | 7,726,166 | $463.0M | Add +2.0% |
| SPAB SS SPDR P Agg Bond ETF | 5.78% | 14,165,317 | $366.2M | Add +12.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 4.24% | 5,366,870 | $268.7M | Add +6.3% |
| SPIB SS SPDR P Int C Corp. ETF | 3.22% | 6,017,752 | $203.9M | Add +9.2% |
| VIGI Vanguard Int Div App Indx FD | 2.73% | 1,930,664 | $172.9M | Add +5.2% |
| SPSM SS SPDR P S&P 600 Small Cap | 2.40% | 3,281,191 | $152.0M | Add +3.6% |
| VWO Vanguard Ftse Emerging Marke | 2.37% | 2,773,818 | $150.3M | Add +2.8% |
| VGIT Vanguard Intermediate-Term T | 2.23% | 2,348,887 | $141.0M | Add +12.0% |
| NOBL Proshares S&P 500 Dividend A | 2.13% | 1,307,923 | $134.8M | Add +1.2% |
| IVW iShares S&P 500 Growth ETF | 1.81% | 950,939 | $114.8M | Reduce -5.4% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.63% | 987,850 | $103.2M | Reduce -0.2% |
| IEFA iShares Core MSCI Eafe ETF | 1.63% | 1,182,377 | $103.2M | Reduce -7.0% |
| IVE iShares S&P 500 Value ETF | 1.56% | 479,321 | $99.0M | Reduce -4.9% |
| MBB iShares MBS ETF | 1.53% | 1,015,589 | $96.6M | Add +5.8% |
| PZA Invesco National Amt-Free Mu | 1.51% | 4,148,197 | $95.8M | Add +6.5% |
| SHM SS SPDR N Ice St Muni ETF | 1.24% | 1,635,215 | $78.9M | Add +5.8% |
| DFAC Dimensional US Core Equity 2 | 1.12% | 1,843,913 | $71.1M | Reduce -4.0% |
| QUAL iShares MSCI USA Quality Fac | 1.09% | 354,955 | $69.0M | Reduce -2.4% |
| MUB iShares National Muni Bond E | 1.02% | 604,115 | $64.3M | Reduce -13.4% |
| SCHB Schwab US Broad Market ETF | 1.00% | 2,467,102 | $63.4M | Reduce -1.6% |
| PFF iShares Preferred & Income S | 0.98% | 1,973,233 | $62.4M | Add +1.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.91% | 175,611 | $57.6M | Add +0.1% |
| FLMI Franklin Dynamic Municipal B | 0.89% | 2,272,212 | $56.3M | Add +4.9% |
| HYMB SS SPDR N Ice HY Muni ETF | 0.87% | 2,202,667 | $54.9M | Add +4.7% |
| SCHG Schwab US Large-Cap Growth | 0.80% | 1,597,106 | $51.0M | Reduce -23.8% |
| IVV iShares Core S&P 500 ETF | 0.75% | 70,662 | $47.3M | Reduce -5.1% |
| IWY iShares Russell Top 200 Grow | 0.74% | 171,625 | $47.0M | Reduce -8.5% |
| IEMG iShares Core MSCI Emerging | 0.68% | 649,052 | $42.8M | Reduce -6.4% |
| AAPL Apple Inc. | 0.68% | 167,995 | $42.8M | Reduce -3.0% |
| JIRE JPMorgan Int Res Enh Eqty | 0.64% | 551,912 | $40.6M | Add +13.6% |
| DFAX Dimensional World Ex US Core | 0.64% | 1,283,535 | $40.3M | Reduce -5.8% |
| CWI State Street SPDR MSCI Acwi | 0.62% | 1,129,698 | $39.4M | Reduce -1.6% |
| EOG EOG Resources Inc. | 0.58% | 325,024 | $36.4M | Add +0.1% |
| MSFT Microsoft Corp. | 0.49% | 59,909 | $31.0M | Reduce -2.6% |
| IQLT iShares MSCI International Q | 0.45% | 643,138 | $28.4M | Reduce -9.2% |
| SPLV Invesco S&P 500 Low Volatili | 0.43% | 367,188 | $27.0M | Reduce -1.8% |
| SCHZ Schwab US Aggregate Bond ETF | 0.37% | 1,004,082 | $23.6M | Add +1.4% |
| IBTG iShares Ibonds Dec 2026 Term | 0.37% | 1,020,998 | $23.4M | Add +36.6% |
| SCHA Schwab US Small-Cap ETF | 0.36% | 827,667 | $23.1M | Add +0.0% |
| IGEB iShares Investment Grade SYS | 0.34% | 472,927 | $21.8M | Reduce -8.9% |
| SCHV Schwab US Large-Cap Value | 0.33% | 719,858 | $21.0M | Reduce -5.5% |
| JPST JPMorgan Ultra-Short Income | 0.33% | 406,685 | $20.6M | Add +6.0% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.31% | 386,496 | $19.7M | Reduce -2.3% |
| IJR iShares Core S&P Small-Cap E | 0.31% | 163,314 | $19.4M | Reduce -2.4% |
| IXUS iShares Core Intl Stock ETF | 0.28% | 218,086 | $18.0M | Reduce -12.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.28% | 249,326 | $17.8M | Reduce -1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.28% | 26,476 | $17.6M | Reduce -9.9% |
| IEI iShares 3-7 Year Treasury Bo | 0.25% | 134,619 | $16.1M | Reduce -9.4% |
| SCHF Schwab Intl Equity ETF | 0.24% | 650,755 | $15.1M | Reduce -0.5% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.23% | 250,888 | $14.9M | Reduce -11.1% |
| ITOT iShares Core S&P Total U.S. | 0.23% | 98,185 | $14.3M | Reduce -13.4% |
| IBTH iShares Ibonds Dec 2027 Term | 0.22% | 617,825 | $13.9M | Add +38.3% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.21% | 285,600 | $13.0M | Reduce -23.0% |
| AGG iShares Core U.S. Aggregate | 0.20% | 129,356 | $13.0M | Reduce -4.7% |
| NVDA Nvidia Corp. | 0.20% | 69,111 | $12.9M | Add +9.9% |
| IEF iShares 7-10 Year Treasury B | 0.19% | 122,106 | $11.8M | Reduce -9.1% |
| ROK Rockwell Automation Inc. | 0.19% | 33,697 | $11.8M | Add +0.0% |
| IWF iShares Russell 1000 Growth | 0.18% | 24,322 | $11.4M | Reduce -4.0% |
| IWD iShares Russell 1000 Value E | 0.18% | 55,006 | $11.2M | Reduce -5.1% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.17% | 135,574 | $11.0M | Reduce -9.4% |
| SUSL iShares ESG MSCI USA Leaders | 0.15% | 81,004 | $9.5M | Add +1.2% |
| SDY SS SPDR S&P Dividend ETF | 0.15% | 66,089 | $9.3M | Reduce -0.2% |
| MLN Vaneck Long Muni ETF | 0.14% | 504,544 | $8.8M | Add +20.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.13% | 196,844 | $8.4M | Add +0.8% |
| AMZN Amazon.com Inc. | 0.13% | 38,300 | $8.4M | Add +2.1% |
| SUB iShares Short-Term National | 0.13% | 78,744 | $8.4M | Reduce -10.1% |
| CMF iShares California Muni Bond | 0.13% | 147,232 | $8.4M | Add +72.1% |
| EAGG iShares ESG Aware US Aggrega | 0.13% | 173,219 | $8.3M | Add +9.4% |
| IJH iShares Core S&P Midcap ETF | 0.11% | 109,471 | $7.1M | Reduce -6.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.11% | 13,974 | $6.7M | Add +1.0% |
| IWM iShares Russell 2000 ETF | 0.10% | 26,833 | $6.5M | Reduce -0.6% |
| VIG Vanguard Dividend Apprec ETF | 0.10% | 29,501 | $6.4M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 0.10% | 25,790 | $6.3M | Reduce -2.2% |
| IBTI iShares Ibonds Dec 2028 Term | 0.10% | 279,196 | $6.2M | Add +35.7% |
| GOVT iShares US Treasury Bond ETF | 0.10% | 267,217 | $6.2M | Reduce -7.8% |
| VT Vanguard Tot World STK ETF | 0.10% | 44,137 | $6.1M | Add +0.1% |
| SCHP Schwab U.S. Tips ETF | 0.10% | 223,966 | $6.0M | Reduce -0.8% |
| IBDR iShares Ibonds Dec 2026 Term | 0.09% | 243,334 | $5.9M | Add +36.5% |
| IBMQ iShares Ibonds Dec 2028 Muni | 0.09% | 229,069 | $5.9M | Add +26.5% |
| ABBV Abbvie Inc. | 0.09% | 25,160 | $5.8M | Add +2.4% |
| CEG Constellation Energy | 0.09% | 16,464 | $5.4M | Reduce -2.3% |
| USIG iShares Broad Usd Investment | 0.09% | 103,211 | $5.4M | Reduce -14.4% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.08% | 161,003 | $5.4M | Add +0.2% |
| JPM JPMorgan Chase & Co. | 0.08% | 16,163 | $5.1M | Reduce -16.4% |
| IBMP iShares Ibonds Dec 2027 Term | 0.08% | 193,961 | $4.9M | Reduce -4.0% |
| SHYM iShares Short Duration High | 0.08% | 216,599 | $4.8M | Reduce -17.4% |
| IBMO iShares Ibonds Dec 2026 Term | 0.07% | 183,737 | $4.7M | Add +1.2% |
| ESGD iShares Trust iShares ESG Aw | 0.07% | 49,849 | $4.6M | Add +1.5% |
| PG The Procter & Gamble Co. | 0.07% | 29,575 | $4.5M | Reduce -24.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.07% | 24,307 | $4.5M | Add +0.2% |
| HYD Vaneck High Yield Muni ETF | 0.07% | 87,373 | $4.4M | Add +126.3% |
| SCHO Schwab Short-Term US Treas | 0.06% | 161,562 | $3.9M | Add +0.0% |
| XOM Exxon Mobil Corp. | 0.06% | 32,447 | $3.7M | Reduce -7.3% |
| GOOG Alphabet Inc. Class C | 0.06% | 14,779 | $3.6M | Add +6.9% |
| IBTJ iShares Ibonds Dec 2029 Term | 0.06% | 162,825 | $3.6M | Reduce -1.9% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.06% | 145,525 | $3.5M | Add +5.9% |
| DVN Devon Energy Corp. | 0.05% | 99,231 | $3.5M | Reduce -0.6% |
| IBMR iShares Ibonds Dec 2029 M BD | 0.05% | 133,388 | $3.4M | Add +6.0% |
Portfolio Sells Q2 2025 → Q3 2025
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.42 |
| SCHG Schwab US Large-Cap Growth | Reduce -23.8% | 0.80% | −0.22 |
| MUB iShares National Muni Bond E | Reduce -13.4% | 1.02% | −0.21 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -7.0% | 1.63% | −0.15 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.11 |
| IVE iShares S&P 500 Value ETF | Reduce -4.9% | 1.56% | −0.09 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -23.0% | 0.21% | −0.07 |
| IBMN iShares Ibonds Dec 2025 Term | Reduce -93.0% | 0.00% | −0.07 |
| IQLT iShares MSCI International Q | Reduce -9.2% | 0.45% | −0.07 |
| IGEB iShares Investment Grade SYS | Reduce -8.9% | 0.34% | −0.05 |
| IVW iShares S&P 500 Growth ETF | Reduce -5.4% | 1.81% | −0.04 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -9.4% | 0.25% | −0.04 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.04 |
| IXUS iShares Core Intl Stock ETF | Reduce -12.2% | 0.28% | −0.04 |
| MUST Columbia Multi-Sect Muni Inc. | Sold out | 0.00% | −0.04 |
| DFAX Dimensional World Ex US Core | Reduce -5.8% | 0.64% | −0.04 |
| IWY iShares Russell Top 200 Grow | Reduce -8.5% | 0.74% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -24.8% | 0.07% | −0.03 |
| DFAC Dimensional US Core Equity 2 | Reduce -4.0% | 1.12% | −0.03 |
| ITOT iShares Core S&P Total U.S. | Reduce -13.4% | 0.23% | −0.03 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -1.8% | 0.43% | −0.03 |
| IEF iShares 7-10 Year Treasury B | Reduce -9.1% | 0.19% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -5.1% | 0.75% | −0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -9.4% | 0.17% | −0.03 |
| JMST JPM Ultra-Short Muni Income | Reduce -2.3% | 0.31% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -9.9% | 0.28% | −0.03 |
| QUAL iShares MSCI USA Quality Fac | Reduce -2.4% | 1.09% | −0.03 |
| SUB iShares Short-Term National | Reduce -10.1% | 0.13% | −0.02 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -11.1% | 0.23% | −0.02 |
| MSFT Microsoft Corp. | Reduce -2.6% | 0.49% | −0.02 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.02 |
| SCHV Schwab US Large-Cap Value | Reduce -5.5% | 0.33% | −0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -6.4% | 0.68% | −0.02 |
| SHYM iShares Short Duration High | Reduce -17.4% | 0.08% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -4.7% | 0.20% | −0.02 |
| USIG iShares Broad Usd Investment | Reduce -14.4% | 0.09% | −0.02 |
| DIS The Walt Disney Co. | Reduce -38.5% | 0.02% | −0.02 |
| GOVT iShares US Treasury Bond ETF | Reduce -7.8% | 0.10% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -16.4% | 0.08% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -5.1% | 0.18% | −0.01 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -6.9% | 0.11% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -42.2% | 0.01% | −0.01 |
| IYE iShares U.S. Energy ETF | Sold out | 0.00% | −0.01 |
| IBMP iShares Ibonds Dec 2027 Term | Reduce -4.0% | 0.08% | −0.01 |
| KO The Coca-Cola Co. | Reduce -17.4% | 0.02% | −0.01 |
| DVY iShares Select Dividend ETF | Reduce -16.7% | 0.04% | −0.01 |
| CWI State Street SPDR MSCI Acwi | Reduce -1.6% | 0.62% | −0.01 |
| EMB iShares JP Morgan Usd Emergi | Reduce -20.8% | 0.02% | −0.01 |
| SCHP Schwab U.S. Tips ETF | Reduce -0.8% | 0.10% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| VOO Vanguard S&P 500 ETF | Add +1.7% | 19.52% | +0.60 |
| SPAB SS SPDR P Agg Bond ETF | Add +12.1% | 5.78% | +0.35 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +3.6% | 2.40% | +0.14 |
| VWO Vanguard Ftse Emerging Marke | Add +2.8% | 2.37% | +0.13 |
| VGIT Vanguard Intermediate-Term T | Add +12.0% | 2.23% | +0.12 |
| SPHQ Invesco S&P 500 Quality ETF | Add +4.6% | 9.73% | +0.12 |
| SPIB SS SPDR P Int C Corp. ETF | Add +9.2% | 3.22% | +0.11 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +6.3% | 4.24% | +0.09 |
| IBTG iShares Ibonds Dec 2026 Term | Add +36.6% | 0.37% | +0.08 |
| JIRE JPMorgan Int Res Enh Eqty | Add +13.6% | 0.64% | +0.06 |
| VEA Vanguard Ftse Developed ETF | Add +2.0% | 7.31% | +0.06 |
| CMF iShares California Muni Bond | Add +72.1% | 0.13% | +0.05 |
| IBTH iShares Ibonds Dec 2027 Term | Add +38.3% | 0.22% | +0.05 |
| PZA Invesco National Amt-Free Mu | Add +6.5% | 1.51% | +0.05 |
| BITB Bitwise Bitcoin ETF | New | 0.05% | +0.05 |
| HYD Vaneck High Yield Muni ETF | Add +126.3% | 0.07% | +0.04 |
| NVDA Nvidia Corp. | Add +9.9% | 0.20% | +0.04 |
| IBTI iShares Ibonds Dec 2028 Term | Add +35.7% | 0.10% | +0.02 |
| IBDR iShares Ibonds Dec 2026 Term | Add +36.5% | 0.09% | +0.02 |
| MLN Vaneck Long Muni ETF | Add +20.1% | 0.14% | +0.02 |
| IBMS ISHARESIBONDDEC2030MUNIBDETF | Add +104.4% | 0.04% | +0.02 |
| MRK Merck & Co. Inc. | Add +65.3% | 0.04% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +6.9% | 0.06% | +0.02 |
| XLF SS Financial Select Sector | New | 0.02% | +0.02 |
| ABBV Abbvie Inc. | Add +2.4% | 0.09% | +0.02 |
| IBMQ iShares Ibonds Dec 2028 Muni | Add +26.5% | 0.09% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 0.91% | +0.02 |
| IBTK iShares Ibonds Dec 2030 Trea | Add +62.7% | 0.04% | +0.01 |
| SCHA Schwab US Small-Cap ETF | Add +0.0% | 0.36% | +0.01 |
| MBB iShares MBS ETF | Add +5.8% | 1.53% | +0.01 |
| CSCO Cisco Systems Inc. | New | 0.01% | +0.01 |
| IBMT iShares Ibonds Dec 2031 Muni | New | 0.01% | +0.01 |
| ETHE Grayscale Ethereum Staking E | Add +99.8% | 0.02% | +0.01 |
| IBDV iShares Ibonds Dec 2030 Corp. | Add +65.0% | 0.03% | +0.01 |
| MDLZ Mondelez International Inc. Class A | New | 0.01% | +0.01 |
| PML PIMCO Municipal Income FD II | Add +200.0% | 0.01% | +0.01 |
| JMUB JPMorgan Municipal ETF | Add +46.9% | 0.03% | +0.01 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +29.7% | 0.05% | +0.01 |
| T AT&T Inc. | New | 0.01% | +0.01 |
| VZ Verizon Communications Inc. | New | 0.01% | +0.01 |
| FLMI Franklin Dynamic Municipal B | Add +4.9% | 0.89% | +0.01 |
| EAGG iShares ESG Aware US Aggrega | Add +9.4% | 0.13% | +0.01 |
| BMO Bank of Montreal | Add +2.4% | 0.04% | +0.00 |
| SHM SS SPDR N Ice St Muni ETF | Add +5.8% | 1.24% | +0.00 |
| WMT Walmart Inc. | Add +14.9% | 0.04% | +0.00 |
| SUSL iShares ESG MSCI USA Leaders | Add +1.2% | 0.15% | +0.00 |
| IBDU iShares Ibonds Dec 2029 Term | Add +18.2% | 0.04% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +1.0% | 0.11% | +0.00 |
| VFC VF Corp. | New | 0.00% | +0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +0.2% | 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 |