Cliftonlarsonallen Wealth Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 22, 2026), Cliftonlarsonallen Wealth Advisors, LLC reported 209 stock positions worth $6.6 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 19.9% of the portfolio, followed by Invesco S&P 500 Quality ETF (SPHQ, 10.1%) and Vanguard Ftse Developed ETF (VEA, 7.5%). Compared with Q3 2025, it opened 19 new positions, sold out of 11, added to 91 and reduced 80. The biggest buy was Invesco S&P 500 Quality ETF (SPHQ, shares +6%) and the biggest sale iShares MSCI USA Quality Fac (QUAL, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0000944361
- Portfolio Value
- $6.6B (Q4 2025)
- SEC Filing
- 0000944361-26-000001 ↗ filed Jan 22, 2026
Holdings Value
Holdings 209 stocks · $6.6B
| VOO Vanguard S&P 500 ETF | 19.87% | 2,096,375 | $1.3B | Add +3.8% |
| SPHQ Invesco S&P 500 Quality ETF | 10.11% | 8,910,347 | $668.7M | Add +5.9% |
| VEA Vanguard Ftse Developed ETF | 7.51% | 7,957,746 | $497.1M | Add +3.0% |
| SPAB SS SPDR P Agg Bond ETF | 5.92% | 15,211,308 | $391.7M | Add +7.4% |
| VTEB Vanguard Tax-Exempt Bond ETF | 4.26% | 5,599,510 | $281.6M | Add +4.3% |
| SPIB SS SPDR P Int C Corp. ETF | 3.33% | 6,513,652 | $220.2M | Add +8.2% |
| VIGI Vanguard Int Div App Indx FD | 2.81% | 2,035,841 | $186.2M | Add +5.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 2.47% | 3,480,713 | $163.1M | Add +6.1% |
| VWO Vanguard Ftse Emerging Marke | 2.33% | 2,871,265 | $154.4M | Add +3.5% |
| VGIT Vanguard Intermediate-Term T | 2.30% | 2,541,497 | $152.3M | Add +8.2% |
| NOBL Proshares S&P 500 Dividend A | 2.07% | 1,316,853 | $137.0M | Add +0.7% |
| IVW iShares S&P 500 Growth ETF | 1.68% | 900,143 | $111.0M | Reduce -5.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.59% | 983,706 | $105.0M | Reduce -0.4% |
| MBB iShares MBS ETF | 1.53% | 1,064,604 | $101.4M | Add +4.8% |
| PZA Invesco National Amt-Free Mu | 1.51% | 4,321,626 | $100.2M | Add +4.2% |
| IEFA iShares Core MSCI Eafe ETF | 1.51% | 1,116,274 | $99.9M | Reduce -5.6% |
| IVE iShares S&P 500 Value ETF | 1.45% | 452,678 | $96.0M | Reduce -5.6% |
| SHM SS SPDR N Ice St Muni ETF | 1.24% | 1,716,083 | $82.4M | Add +5.0% |
| DFAC Dimensional US Core Equity 2 | 1.08% | 1,799,605 | $71.2M | Reduce -2.4% |
| QUAL iShares MSCI USA Quality Fac | 0.95% | 316,479 | $62.9M | Reduce -10.8% |
| MUB iShares National Muni Bond E | 0.94% | 582,008 | $62.3M | Reduce -3.7% |
| SCHB Schwab US Broad Market ETF | 0.94% | 2,362,355 | $62.0M | Reduce -4.3% |
| FLMI Franklin Dynamic Municipal B | 0.89% | 2,366,025 | $58.8M | Add +4.1% |
| PFF iShares Preferred & Income S | 0.89% | 1,894,274 | $58.6M | Reduce -4.0% |
| HYMB SS SPDR N Ice HY Muni ETF | 0.87% | 2,301,510 | $57.4M | Add +4.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.83% | 163,722 | $54.9M | Reduce -6.8% |
| SCHG Schwab US Large-Cap Growth | 0.77% | 1,565,180 | $51.1M | Reduce -2.0% |
| AAPL Apple Inc. | 0.73% | 177,430 | $48.2M | Add +5.6% |
| JIRE JPMorgan Int Res Enh Eqty | 0.71% | 629,076 | $47.1M | Add +14.0% |
| IVV iShares Core S&P 500 ETF | 0.70% | 67,368 | $46.1M | Reduce -4.7% |
| IWY iShares Russell Top 200 Grow | 0.67% | 161,053 | $44.6M | Reduce -6.2% |
| IEMG iShares Core MSCI Emerging | 0.62% | 610,320 | $41.0M | Reduce -6.0% |
| DFAX Dimensional World Ex US Core | 0.61% | 1,241,726 | $40.6M | Reduce -3.3% |
| CWI State Street SPDR MSCI Acwi | 0.58% | 1,073,903 | $38.6M | Reduce -4.9% |
| EOG EOG Resources Inc. | 0.50% | 315,825 | $33.2M | Reduce -2.8% |
| MSFT Microsoft Corp. | 0.47% | 63,977 | $30.9M | Add +6.8% |
| IQLT iShares MSCI International Q | 0.41% | 595,065 | $27.0M | Reduce -7.5% |
| SPLV Invesco S&P 500 Low Volatili | 0.38% | 352,513 | $25.2M | Reduce -4.0% |
| IBTG iShares Ibonds Dec 2026 Term | 0.37% | 1,059,220 | $24.2M | Add +3.7% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.36% | 462,390 | $23.6M | Add +19.6% |
| JPST JPMorgan Ultra-Short Income | 0.34% | 442,921 | $22.4M | Add +8.9% |
| SCHZ Schwab US Aggregate Bond ETF | 0.33% | 935,914 | $21.9M | Reduce -6.8% |
| SCHA Schwab US Small-Cap ETF | 0.33% | 762,910 | $21.7M | Reduce -7.8% |
| SCHV Schwab US Large-Cap Value | 0.31% | 697,653 | $20.7M | Reduce -3.1% |
| IJR iShares Core S&P Small-Cap E | 0.30% | 162,679 | $19.6M | Reduce -0.4% |
| IGEB iShares Investment Grade SYS | 0.29% | 414,739 | $18.9M | Reduce -12.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.28% | 250,606 | $18.4M | Add +0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.27% | 26,383 | $18.0M | Reduce -0.3% |
| IXUS iShares Core Intl Stock ETF | 0.26% | 204,180 | $17.3M | Reduce -6.4% |
| IBTH iShares Ibonds Dec 2027 Term | 0.23% | 690,823 | $15.5M | Add +11.8% |
| SCHF Schwab Intl Equity ETF | 0.23% | 642,809 | $15.5M | Reduce -1.2% |
| IEI iShares 3-7 Year Treasury Bo | 0.21% | 118,110 | $14.1M | Reduce -12.3% |
| IWF iShares Russell 1000 Growth | 0.21% | 29,669 | $14.0M | Add +22.0% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.21% | 227,676 | $13.8M | Reduce -9.3% |
| ITOT iShares Core S&P Total U.S. | 0.21% | 91,509 | $13.6M | Reduce -6.8% |
| ROK Rockwell Automation Inc. | 0.20% | 33,501 | $13.0M | Reduce -0.6% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.19% | 278,259 | $12.7M | Reduce -2.6% |
| AGG iShares Core U.S. Aggregate | 0.19% | 125,160 | $12.5M | Reduce -3.2% |
| IWD iShares Russell 1000 Value E | 0.19% | 59,068 | $12.4M | Add +7.4% |
| NVDA Nvidia Corp. | 0.18% | 65,303 | $12.2M | Reduce -5.5% |
| SUSL iShares ESG MSCI USA Leaders | 0.15% | 83,118 | $10.1M | Add +2.6% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.15% | 123,286 | $9.9M | Reduce -9.1% |
| GOOGL Alphabet Inc. Class A | 0.15% | 31,615 | $9.9M | Add +22.6% |
| IEF iShares 7-10 Year Treasury B | 0.14% | 99,542 | $9.6M | Reduce -18.5% |
| CMF iShares California Muni Bond | 0.14% | 165,517 | $9.5M | Add +12.4% |
| AMZN Amazon.com Inc. | 0.14% | 40,742 | $9.4M | Add +6.4% |
| MLN Vaneck Long Muni ETF | 0.14% | 527,206 | $9.2M | Add +4.5% |
| SDY SS SPDR S&P Dividend ETF | 0.14% | 66,091 | $9.2M | Add +0.0% |
| EAGG iShares ESG Aware US Aggrega | 0.14% | 187,550 | $9.0M | Add +8.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.13% | 193,969 | $8.6M | Reduce -1.5% |
| SUB iShares Short-Term National | 0.12% | 74,815 | $8.0M | Reduce -5.0% |
| IJH iShares Core S&P Midcap ETF | 0.11% | 108,989 | $7.2M | Reduce -0.4% |
| IBTI iShares Ibonds Dec 2028 Term | 0.10% | 310,219 | $6.9M | Add +11.1% |
| IWM iShares Russell 2000 ETF | 0.10% | 27,701 | $6.8M | Add +3.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.10% | 13,847 | $6.8M | Reduce -0.9% |
| VIG Vanguard Dividend Apprec ETF | 0.10% | 29,525 | $6.5M | Add +0.1% |
| IBDR iShares Ibonds Dec 2026 Term | 0.10% | 263,724 | $6.4M | Add +8.4% |
| VT Vanguard Tot World STK ETF | 0.09% | 44,137 | $6.2M | No change |
| IBMQ iShares Ibonds Dec 2028 Muni | 0.09% | 235,741 | $6.0M | Add +2.9% |
| JPM JPMorgan Chase & Co. | 0.09% | 18,670 | $6.0M | Add +15.5% |
| CEG Constellation Energy | 0.09% | 16,490 | $5.8M | Add +0.2% |
| SCHP Schwab U.S. Tips ETF | 0.09% | 213,893 | $5.7M | Reduce -4.5% |
| GOVT iShares US Treasury Bond ETF | 0.09% | 245,911 | $5.7M | Reduce -8.0% |
| USIG iShares Broad Usd Investment | 0.08% | 107,281 | $5.6M | Add +3.9% |
| XOM Exxon Mobil Corp. | 0.08% | 45,265 | $5.4M | Add +39.5% |
| HYD Vaneck High Yield Muni ETF | 0.08% | 104,445 | $5.3M | Add +19.5% |
| IBMP iShares Ibonds Dec 2027 Term | 0.08% | 209,257 | $5.3M | Add +7.9% |
| ABBV Abbvie Inc. | 0.08% | 22,012 | $5.0M | Reduce -12.5% |
| IBMO iShares Ibonds Dec 2026 Term | 0.08% | 195,621 | $5.0M | Add +6.5% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.08% | 151,826 | $5.0M | Reduce -5.7% |
| ESGD iShares Trust iShares ESG Aw | 0.07% | 52,095 | $5.0M | Add +4.5% |
| PG The Procter & Gamble Co. | 0.07% | 33,108 | $4.7M | Add +11.9% |
| SHYM iShares Short Duration High | 0.07% | 210,267 | $4.7M | Reduce -2.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.07% | 23,144 | $4.4M | Reduce -4.8% |
| GOOG Alphabet Inc. Class C | 0.07% | 13,768 | $4.3M | Reduce -6.8% |
| IBMR iShares Ibonds Dec 2029 M BD | 0.06% | 153,627 | $3.9M | Add +15.2% |
| IBTJ iShares Ibonds Dec 2029 Term | 0.06% | 176,707 | $3.9M | Add +8.5% |
| WMT Walmart Inc. | 0.06% | 33,693 | $3.8M | Add +42.6% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 0.06% | 153,888 | $3.7M | Add +5.8% |
| SCHO Schwab Short-Term US Treas | 0.06% | 153,091 | $3.7M | Reduce -5.2% |
Portfolio Sells Q3 2025 → Q4 2025
| QUAL iShares MSCI USA Quality Fac | Reduce -10.8% | 0.95% | −0.14 |
| IVW iShares S&P 500 Growth ETF | Reduce -5.3% | 1.68% | −0.13 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -5.6% | 1.51% | −0.12 |
| IVE iShares S&P 500 Value ETF | Reduce -5.6% | 1.45% | −0.11 |
| PFF iShares Preferred & Income S | Reduce -4.0% | 0.89% | −0.10 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -6.8% | 0.83% | −0.08 |
| EOG EOG Resources Inc. | Reduce -2.8% | 0.50% | −0.07 |
| MUB iShares National Muni Bond E | Reduce -3.7% | 0.94% | −0.07 |
| IWY iShares Russell Top 200 Grow | Reduce -6.2% | 0.67% | −0.07 |
| SCHB Schwab US Broad Market ETF | Reduce -4.3% | 0.94% | −0.06 |
| IGEB iShares Investment Grade SYS | Reduce -12.3% | 0.29% | −0.06 |
| IEMG iShares Core MSCI Emerging | Reduce -6.0% | 0.62% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -4.7% | 0.70% | −0.05 |
| DFAC Dimensional US Core Equity 2 | Reduce -2.4% | 1.08% | −0.05 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -4.0% | 0.38% | −0.05 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -0.4% | 1.59% | −0.04 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.04 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -6.8% | 0.33% | −0.04 |
| IEF iShares 7-10 Year Treasury B | Reduce -18.5% | 0.14% | −0.04 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -12.3% | 0.21% | −0.04 |
| IQLT iShares MSCI International Q | Reduce -7.5% | 0.41% | −0.04 |
| CWI State Street SPDR MSCI Acwi | Reduce -4.9% | 0.58% | −0.04 |
| SCHA Schwab US Small-Cap ETF | Reduce -7.8% | 0.33% | −0.04 |
| SCHG Schwab US Large-Cap Growth | Reduce -2.0% | 0.77% | −0.03 |
| PTY PIMCO Corporate & Income Opp | Sold out | 0.00% | −0.03 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -9.3% | 0.21% | −0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -9.1% | 0.15% | −0.02 |
| IXUS iShares Core Intl Stock ETF | Reduce -6.4% | 0.26% | −0.02 |
| DFAX Dimensional World Ex US Core | Reduce -3.3% | 0.61% | −0.02 |
| WPM Wheaton Precious Metals Corp. | Sold out | 0.00% | −0.02 |
| ITOT iShares Core S&P Total U.S. | Reduce -6.8% | 0.21% | −0.02 |
| NVDA Nvidia Corp. | Reduce -5.5% | 0.18% | −0.02 |
| SCHV Schwab US Large-Cap Value | Reduce -3.1% | 0.31% | −0.02 |
| ABBV Abbvie Inc. | Reduce -12.5% | 0.08% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -3.2% | 0.19% | −0.02 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.02 |
| VCSH Vanguard S/T Corp. Bond ETF | Sold out | 0.00% | −0.02 |
| PML PIMCO Municipal Income FD II | Sold out | 0.00% | −0.01 |
| TFI SS SPDR N Ice Muni Bond ETF | Reduce -2.6% | 0.19% | −0.01 |
| SUB iShares Short-Term National | Reduce -5.0% | 0.12% | −0.01 |
| GOVT iShares US Treasury Bond ETF | Reduce -8.0% | 0.09% | −0.01 |
| AGI Alamos Gold Inc. Class A | Sold out | 0.00% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.4% | 0.30% | −0.01 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -5.7% | 0.08% | −0.01 |
| SCHP Schwab U.S. Tips ETF | Reduce -4.5% | 0.09% | −0.01 |
| VGSH Vanguard Short-Term Treasury | Reduce -44.5% | 0.01% | −0.01 |
| IBTP iShares Ibonds Dec 2034 ETF | Sold out | 0.00% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.3% | 0.27% | −0.01 |
| SCHO Schwab Short-Term US Treas | Reduce -5.2% | 0.06% | −0.01 |
| SHYM iShares Short Duration High | Reduce -2.9% | 0.07% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| SPHQ Invesco S&P 500 Quality ETF | Add +5.9% | 10.11% | +0.38 |
| VOO Vanguard S&P 500 ETF | Add +3.8% | 19.87% | +0.36 |
| VEA Vanguard Ftse Developed ETF | Add +3.0% | 7.51% | +0.21 |
| SPAB SS SPDR P Agg Bond ETF | Add +7.4% | 5.92% | +0.14 |
| SPIB SS SPDR P Int C Corp. ETF | Add +8.2% | 3.33% | +0.11 |
| VIGI Vanguard Int Div App Indx FD | Add +5.5% | 2.81% | +0.08 |
| VGIT Vanguard Intermediate-Term T | Add +8.2% | 2.30% | +0.08 |
| JIRE JPMorgan Int Res Enh Eqty | Add +14.0% | 0.71% | +0.07 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +6.1% | 2.47% | +0.07 |
| AAPL Apple Inc. | Add +5.6% | 0.73% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +22.6% | 0.15% | +0.05 |
| JMST JPM Ultra-Short Muni Income | Add +19.6% | 0.36% | +0.04 |
| MOAT Vaneck Morningstar Wide Moat | New | 0.03% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +22.0% | 0.21% | +0.03 |
| MPC Marathon Petroleum Corp. | New | 0.03% | +0.03 |
| AKRE Akre Focus ETF | New | 0.03% | +0.03 |
| XOM Exxon Mobil Corp. | Add +39.5% | 0.08% | +0.02 |
| WMT Walmart Inc. | Add +42.6% | 0.06% | +0.02 |
| C Citigroup Inc. | New | 0.02% | +0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +4.3% | 4.26% | +0.02 |
| IBTH iShares Ibonds Dec 2027 Term | Add +11.8% | 0.23% | +0.01 |
| WMB Williams Cos Inc. | New | 0.01% | +0.01 |
| JPST JPMorgan Ultra-Short Income | Add +8.9% | 0.34% | +0.01 |
| MO Altria Group Inc. | New | 0.01% | +0.01 |
| KO The Coca-Cola Co. | Add +56.6% | 0.03% | +0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.01% | +0.01 |
| RDVY First Trust Rising Dividend | New | 0.01% | +0.01 |
| CMF iShares California Muni Bond | Add +12.4% | 0.14% | +0.01 |
| IWD iShares Russell 1000 Value E | Add +7.4% | 0.19% | +0.01 |
| MRK Merck & Co. Inc. | Add +3.6% | 0.06% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | New | 0.01% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +15.5% | 0.09% | +0.01 |
| HYD Vaneck High Yield Muni ETF | Add +19.5% | 0.08% | +0.01 |
| DFAT Dimensional US Target Value | New | 0.01% | +0.01 |
| CSCO Cisco Systems Inc. | Add +64.9% | 0.02% | +0.01 |
| SHYG iShares 0-5 YR HY Corp. Bond | New | 0.01% | +0.01 |
| AMZN Amazon.com Inc. | Add +6.4% | 0.14% | +0.01 |
| BTI British American Tob-SP ADR | New | 0.01% | +0.01 |
| BITF Bitfarms Ltd./Canada | New | 0.01% | +0.01 |
| INTC Intel Corp. | Add +128.1% | 0.02% | +0.01 |
| NYF iShares New York Muni Bond E | New | 0.01% | +0.01 |
| KHC The Kraft Heinz Co. | New | 0.01% | +0.01 |
| RTX RTX Corp. | Add +16.1% | 0.04% | +0.01 |
| T AT&T Inc. | Add +114.8% | 0.02% | +0.01 |
| MBB iShares MBS ETF | Add +4.8% | 1.53% | +0.01 |
| BAC Bank of America Corp. | Add +24.6% | 0.03% | +0.01 |
| IBTI iShares Ibonds Dec 2028 Term | Add +11.1% | 0.10% | +0.01 |
| BP BP PLC-Spons ADR | New | 0.01% | +0.01 |
| JNJ Johnson & Johnson | Add +11.2% | 0.04% | +0.01 |
| IBMR iShares Ibonds Dec 2029 M BD | Add +15.2% | 0.06% | +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 |