Colorado Capital Management, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 24, 2025), Colorado Capital Management, Inc. reported 104 stock positions worth $258.6 million. Its top holding was Xtrackers MSCI USA Sele Eqty (USSG) at 6.6% of the portfolio, followed by Dimensional International (DFAI, 5.9%) and Vngrd Mrngstr MG Cap ETF-Usd (MGC, 4.8%). Compared with Q2 2025, it opened 5 new positions, sold out of 1, added to 39 and reduced 40. The biggest buy was Alphabet Class C (GOOG, shares +372%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −11%).

Most Recent 13F
Q2 2026
Location
BOULDER, CO
CIK
0001664147
Portfolio Value
$258.6M (Q3 2025)
SEC Filing
0001664147-25-000009 ↗ filed Oct 24, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $172.9M Q1 2024 Q2 2024: $179.3M Q2 2024 Q3 2024: $202.5M Q3 2024 Q4 2024: $206.5M Q4 2024 Q1 2025: $214.7M Q1 2025 Q2 2025: $233.4M Q2 2025 Q3 2025: $258.6M $258.6M Q3 2025 Q4 2025: $266.4M Q4 2025 Q1 2026: $268.2M Q1 2026 Q2 2026: $293.1M Q2 2026

Holdings 104 stocks · $258.6M
USSG Xtrackers MSCI USA Sele Eqty 6.56% 276,405 $17.0M Add +5.3%
DFAI Dimensional International Co. 5.90% 419,421 $15.2M Add +5.8%
MGC Vngrd Mrngstr MG Cap ETF-Usd 4.79% 50,728 $12.4M Add +7.2%
DFAS Dimensional US Small Cap ETF 3.87% 146,294 $10.0M Add +2.0%
VTIP Vanguard Short-Term Tips 3.82% 195,284 $9.9M Add +3.9%
NUEM Nuveen ESG Emerging Markets 3.50% 253,733 $9.1M Reduce -1.2%
AAPL Apple Inc. 3.41% 34,669 $8.8M Reduce -1.5%
SPY SS SPDR S&P 500 ETF Trust-US 3.21% 12,442 $8.3M Reduce -11.1%
DFAE Dimensional Emerging Core Eq 2.98% 244,391 $7.7M Add +5.7%
GOOG Alphabet Inc. Class C 2.97% 31,561 $7.7M Add +372.1%
IWF iShares Russell 1000 Growth 2.64% 14,579 $6.8M Reduce -2.3%
VGSR Vert GLB Sust Re ETF filed as MANAGER DIRECTED PORTFOLIOS 2.30% 558,671 $6.0M Add +1.1%
DFUV Dimensional US Marketwide Va 2.28% 132,093 $5.9M Reduce -0.3%
NUSC Nuveen ESG Small-Cap ETF 2.27% 133,180 $5.9M Reduce -3.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.11% 18,552 $5.5M Add +2.5%
SUSB iShares ESG Aware 1-5 Year U 2.08% 212,347 $5.4M Add +4.3%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 2.04% 38,268 $5.3M Add +11.8%
MDY State Street SPDR S&P Midcap 1.94% 8,419 $5.0M Reduce -4.6%
INVESTMENT MANAGERS SER TR I 1.90% 179,777 $4.9M No change
SUSC iShares ESG Aware Usd Corpor 1.70% 186,445 $4.4M Reduce -3.7%
HYXF iShares ESG Adv High Yield 1.64% 89,179 $4.2M Add +3.0%
DFGR Dim Global Real Estate ETF 1.55% 146,699 $4.0M Add +8.0%
IFLN Invesco Bloomberg Enhanced F 1.54% 214,418 $4.0M Add +4.0%
IUSG iShares Core S&P U.S. Growth 1.45% 22,710 $3.7M Reduce -3.3%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 1.41% 9,074 $3.7M Add +4.4%
FTSL First Trust Senior Loan ETF 1.36% 76,640 $3.5M Add +4.2%
NUBD Nuveen ESG US Aggregate Bond 1.34% 154,495 $3.5M Reduce -5.7%
BSV Vanguard Short-Term Bond ETF 1.31% 42,992 $3.4M Add +5.5%
IVW iShares S&P 500 Growth ETF 1.21% 26,011 $3.1M Reduce -25.8%
IWD iShares Russell 1000 Value E 1.21% 15,404 $3.1M Reduce -1.4%
SCHM Schwab US Mid Cap ETF 1.15% 100,223 $3.0M Reduce -1.5%
CLAYMORE EXCHANGE TRD FD TR 1.05% 42,071 $2.7M Reduce -4.5%
VNQ Vanguard Real Estate ETF 0.96% 27,234 $2.5M Reduce -2.9%
SHOP Shopify Inc. Class A 0.95% 16,450 $2.4M New
QQQ Invesco QQQ Trust Series 1 0.79% 3,406 $2.0M Add +0.3%
SUSA iShares ESG Optimized MSCI U 0.72% 13,030 $1.9M Reduce -3.3%
IJR iShares Core S&P Small-Cap E 0.71% 15,487 $1.8M Reduce -2.0%
EEM iShares MSCI Emerging Market 0.69% 33,184 $1.8M No change
ACGR American Century Large Cap G 0.68% 26,843 $1.8M Add +6.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.61% 8,431 $1.6M Reduce -4.2%
BRK.B Berkshire Hathaway Inc. Class B 0.61% 3,120 $1.6M Reduce -0.3%
MSFT Microsoft Corp. 0.58% 2,886 $1.5M Add +1.7%
AMZN Amazon.com Inc. 0.52% 6,150 $1.4M Reduce -2.7%
NULG Nuveen ESG LRG-Cap GRW ETF 0.52% 13,460 $1.3M Reduce -2.1%
NUDM Nuveen ESG Intl Devel MRK Eq 0.52% 35,532 $1.3M Add +11.2%
VSS Vanguard Ftse All Wo X-US SC 0.51% 9,285 $1.3M Reduce -12.9%
SCHX Schwab US Large-Cap ETF 0.49% 47,845 $1.3M Add +0.5%
IWM iShares Russell 2000 ETF 0.48% 5,169 $1.3M No change
PRF Invesco Rafi US 1000 ETF 0.47% 27,045 $1.2M No change
SCHG Schwab US Large-Cap Growth 0.46% 37,299 $1.2M Add +0.2%
RSP Invesco S&P 500 Equal Weight 0.45% 6,074 $1.2M No change
IJH iShares Core S&P Midcap ETF 0.44% 17,494 $1.1M No change
SCHB Schwab US Broad Market ETF 0.43% 43,305 $1.1M Add +0.6%
SCHD Schwab US DVD Equity ETF 0.40% 38,275 $1.0M Add +1.9%
IVV iShares Core S&P 500 ETF 0.38% 1,463 $979K Add +26.2%
NVDA Nvidia Corp. 0.37% 5,187 $968K Reduce -1.9%
PG The Procter & Gamble Co. 0.37% 6,228 $957K Add +0.0%
GOOGL Alphabet Inc. Class A 0.34% 3,585 $872K Add +3.5%
DGRW Wisdomtree U.S. Quality Divi 0.34% 9,768 $869K No change
EMLP First Trust North American E 0.29% 19,345 $741K Reduce -3.7%
QCLN First Trust Nasdaq Clean Edg 0.28% 17,564 $737K Reduce -8.3%
CVMC Calvert US Mcap Core Resp 0.28% 11,381 $723K Reduce -36.6%
IHDG Wisdomtree International Hed 0.28% 15,540 $716K No change
TBLU Managed Portfolio Series 0.25% 12,237 $652K Reduce -11.1%
META Meta Platforms Inc. Class A 0.25% 879 $645K Reduce -0.9%
AVDS Avantis Intl SM Cap Eq ETF 0.24% 9,124 $616K Add +12.7%
XOM Exxon Mobil Corp. 0.23% 5,225 $589K Add +41.6%
PFE Pfizer Inc. 0.22% 22,464 $572K Reduce -0.1%
EFA iShares MSCI Eafe ETF 0.21% 5,806 $542K Reduce -0.1%
VWO Vanguard Ftse Emerging Marke 0.21% 10,011 $542K Add +0.1%
NULV Nuveen ESG Large-Cap Val ETF 0.19% 11,164 $489K No change
IVE iShares S&P 500 Value ETF 0.17% 2,134 $441K No change
JNJ Johnson & Johnson 0.16% 2,221 $412K Reduce -0.5%
SCHF Schwab Intl Equity ETF 0.15% 16,864 $393K Add +1.0%
JPM JPMorgan Chase & Co. 0.15% 1,244 $392K Add +79.5%
HASI Ha Sustainable Infrastructur 0.15% 12,621 $387K Reduce -2.1%
DCOR Dimensional US Core Eq 1 ETF 0.15% 5,349 $385K Add +16.2%
DFSU Dimensional US Sus CORE1 ETF 0.15% 8,989 $382K Add +2.4%
IWR iShares Russell Mid-Cap ETF 0.14% 3,858 $372K Reduce -8.1%
VOO Vanguard S&P 500 ETF 0.14% 581 $356K Add +0.7%
DGS Wisdomtree Em Small Cap 0.13% 5,990 $342K No change
DSI iShares ESG MSCI KLD 400 ETF 0.13% 2,707 $341K No change
EIS iShares MSCI Israel ETF 0.13% 3,342 $335K No change
NFLX Netflix Inc. 0.12% 268 $321K Reduce -0.4%
IYH iShares U.S. Healthcare ETF 0.12% 5,455 $320K No change
COF Capital One Financial Corp. 0.12% 1,400 $298K New
HD Home Depot Inc. 0.11% 726 $294K No change
DBEF Xtrackers MSCI Eafe Hedged E 0.11% 6,318 $293K No change
VEA Vanguard Ftse Developed ETF 0.11% 4,844 $290K Reduce -0.9%
CAT Caterpillar Inc. 0.11% 587 $280K Reduce -0.2%
WMT Walmart Inc. 0.11% 2,711 $279K Add +0.1%
IXUS iShares Core Intl Stock ETF 0.10% 3,211 $265K Add +16.0%
EUDG Wisdomtree Europe Quality Di 0.10% 7,363 $259K New
CEG Constellation Energy 0.10% 750 $247K Add +9.0%
PBD Invesco Global Clean Energy 0.10% 16,374 $247K Reduce -16.5%
NVO Novo-Nordisk A/S-Spons ADR 0.09% 4,209 $234K Reduce -0.5%
TMO Thermo Fisher Scientific Inc. 0.09% 479 $232K No change
SCZ iShares MSCI Eafe Small-Cap 0.09% 3,017 $231K No change
IJK iShares S&P Mid-Cap 400 Grow 0.08% 2,199 $211K No change
IWB iShares Russell 1000 ETF 0.08% 577 $211K New
JSTC Adasina Social Justice GLB 0.08% 10,186 $207K No change
ABBV Abbvie Inc. 0.08% 887 $205K Reduce -21.4%
EPD Enterprise Products Partners 0.08% 6,501 $203K New
ACN Accenture PLC Class A 0.07% 730 $180K Reduce -0.4%

Portfolio Sells Q2 2025 → Q3 2025
SPY SS SPDR S&P 500 ETF Trust-US Reduce -11.1% 3.21% −0.50
IVW iShares S&P 500 Growth ETF Reduce -25.8% 1.21% −0.44
MYFW First Western Financial Inc. Sold out 0.00% −0.38
SUSC iShares ESG Aware Usd Corpor Reduce -3.7% 1.70% −0.23
NUBD Nuveen ESG US Aggregate Bond Reduce -5.7% 1.34% −0.22
MDY State Street SPDR S&P Midcap Reduce -4.6% 1.94% −0.20
CVMC Calvert US Mcap Core Resp Reduce -36.6% 0.28% −0.19
NUEM Nuveen ESG Emerging Markets Reduce -1.2% 3.50% −0.15
NUSC Nuveen ESG Small-Cap ETF Reduce -3.7% 2.27% −0.14
CLAYMORE EXCHANGE TRD FD TR Reduce -4.5% 1.05% −0.13
DFUV Dimensional US Marketwide Va Reduce -0.3% 2.28% −0.12
VNQ Vanguard Real Estate ETF Reduce -2.9% 0.96% −0.11
VSS Vanguard Ftse All Wo X-US SC Reduce -12.9% 0.51% −0.10
IWD iShares Russell 1000 Value E Reduce -1.4% 1.21% −0.09
SCHM Schwab US Mid Cap ETF Reduce -1.5% 1.15% −0.07
IWF iShares Russell 1000 Growth Reduce -2.3% 2.64% −0.07
AMZN Amazon.com Inc. Reduce -2.7% 0.52% −0.07
IUSG iShares Core S&P U.S. Growth Reduce -3.3% 1.45% −0.07
TBLU Managed Portfolio Series Reduce -11.1% 0.25% −0.06
VTV Vanguard Mrngstr Val ETF-Aui Reduce -4.2% 0.61% −0.06
SUSA iShares ESG Optimized MSCI U Reduce -3.3% 0.72% −0.05
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.3% 0.61% −0.04
EMLP First Trust North American E Reduce -3.7% 0.29% −0.04
NULG Nuveen ESG LRG-Cap GRW ETF Reduce -2.1% 0.52% −0.04
NVO Novo-Nordisk A/S-Spons ADR Reduce -0.5% 0.09% −0.03
META Meta Platforms Inc. Class A Reduce -0.9% 0.25% −0.03
NFLX Netflix Inc. Reduce -0.4% 0.12% −0.03
IJR iShares Core S&P Small-Cap E Reduce -2.0% 0.71% −0.03
ACN Accenture PLC Class A Reduce -0.4% 0.07% −0.02
IWR iShares Russell Mid-Cap ETF Reduce -8.1% 0.14% −0.02
EFA iShares MSCI Eafe ETF Reduce -0.1% 0.21% −0.01
PFE Pfizer Inc. Reduce -0.1% 0.22% −0.01
ABBV Abbvie Inc. Reduce -21.4% 0.08% −0.01
PBD Invesco Global Clean Energy Reduce -16.5% 0.10% −0.01
VEA Vanguard Ftse Developed ETF Reduce -0.9% 0.11% −0.01
HASI Ha Sustainable Infrastructur Reduce -2.1% 0.15% +0.00
CAT Caterpillar Inc. Reduce -0.2% 0.11% +0.01
JNJ Johnson & Johnson Reduce -0.5% 0.16% +0.01
NVDA Nvidia Corp. Reduce -1.9% 0.37% +0.02
QCLN First Trust Nasdaq Clean Edg Reduce -8.3% 0.28% +0.02
AAPL Apple Inc. Reduce -1.5% 3.41% +0.32

Portfolio Buys Q2 2025 → Q3 2025
GOOG Alphabet Inc. Class C Add +372.1% 2.97% +2.46
SHOP Shopify Inc. Class A New 0.95% +0.95
MGC Vngrd Mrngstr MG Cap ETF-Usd Add +7.2% 4.79% +0.23
USSG Xtrackers MSCI USA Sele Eqty Add +5.3% 6.56% +0.16
COF Capital One Financial Corp. New 0.12% +0.12
MGV Vngrd Mrgstr MG CP VL ETF-Ui Add +11.8% 2.04% +0.11
DFAE Dimensional Emerging Core Eq Add +5.7% 2.98% +0.11
EUDG Wisdomtree Europe Quality Di New 0.10% +0.10
IWB iShares Russell 1000 ETF New 0.08% +0.08
EPD Enterprise Products Partners New 0.08% +0.08
GOOGL Alphabet Inc. Class A Add +3.5% 0.34% +0.08
IVV iShares Core S&P 500 ETF Add +26.2% 0.38% +0.07
JPM JPMorgan Chase & Co. Add +79.5% 0.15% +0.07
XOM Exxon Mobil Corp. Add +41.6% 0.23% +0.06
MGK Vngrd Mrgstr MG CP GR ETF-Ui Add +4.4% 1.41% +0.05
NUDM Nuveen ESG Intl Devel MRK Eq Add +11.2% 0.52% +0.03
ACGR American Century Large Cap G Add +6.2% 0.68% +0.03
DFAI Dimensional International Co. Add +5.8% 5.90% +0.03
AVDS Avantis Intl SM Cap Eq ETF Add +12.7% 0.24% +0.02
DCOR Dimensional US Core Eq 1 ETF Add +16.2% 0.15% +0.02
IXUS iShares Core Intl Stock ETF Add +16.0% 0.10% +0.01
CEG Constellation Energy Add +9.0% 0.10% +0.00
DFSU Dimensional US Sus CORE1 ETF Add +2.4% 0.15% −0.00
VWO Vanguard Ftse Emerging Marke Add +0.1% 0.21% −0.00
VOO Vanguard S&P 500 ETF Add +0.7% 0.14% −0.00
SCHG Schwab US Large-Cap Growth Add +0.2% 0.46% −0.01
WMT Walmart Inc. Add +0.1% 0.11% −0.01
SCHF Schwab Intl Equity ETF Add +1.0% 0.15% −0.01
SCHB Schwab US Broad Market ETF Add +0.6% 0.43% −0.01
SCHX Schwab US Large-Cap ETF Add +0.5% 0.49% −0.01
QQQ Invesco QQQ Trust Series 1 Add +0.3% 0.79% −0.01
DFGR Dim Global Real Estate ETF Add +8.0% 1.55% −0.01
SCHD Schwab US DVD Equity ETF Add +1.9% 0.40% −0.02
MSFT Microsoft Corp. Add +1.7% 0.58% −0.03
DFAS Dimensional US Small Cap ETF Add +2.0% 3.87% −0.04
PG The Procter & Gamble Co. Add +0.0% 0.37% −0.06
BSV Vanguard Short-Term Bond ETF Add +5.5% 1.31% −0.06
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +2.5% 2.11% −0.06
FTSL First Trust Senior Loan ETF Add +4.2% 1.36% −0.09
IFLN Invesco Bloomberg Enhanced F Add +4.0% 1.54% −0.09
SUSB iShares ESG Aware 1-5 Year U Add +4.3% 2.08% −0.12
HYXF iShares ESG Adv High Yield Add +3.0% 1.64% −0.13
VGSR Vert GLB Sust Re ETF Add +1.1% 2.30% −0.17
VTIP Vanguard Short-Term Tips Add +3.9% 3.82% −0.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 101$293.1MUSSG, DFAI, MGC, GOOG, DFAS
Q1 2026 105$268.2MUSSG, DFAI, MGC, VTIP, DFAS
Q4 2025 105$266.4MUSSG, DFAI, MGC, DFAS, VTIP
Q3 2025 104$258.6MUSSG, DFAI, MGC, DFAS, VTIP
Q2 2025 100$233.4MUSSG, DFAI, MGC, VTIP, DFAS
Q1 2025 96$214.7MUSSG, DFAI, VTIP, DFAS, MGC
Q4 2024 94$206.5MUSSG, DFAI, DFAS, AAPL, VTIP
Q3 2024 96$202.5MUSSG, DFAS, AAPL, VTIP, SPY
Q2 2024 96$179.3MSPY, AAPL, MDY, DFUV, IWF
Q1 2024 91$172.9MDFUV, MDY, VTIP, SPY, AAPL