Colorado Capital Management, Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Colorado Capital Management, Inc. reported 105 stock positions worth $266.4 million. Its top holding was Xtrackers MSCI USA Sele Eqty (USSG) at 6.8% of the portfolio, followed by Dimensional International (DFAI, 6.1%) and Vngrd Mrngstr MG Cap ETF-Usd (MGC, 5.0%). Compared with Q3 2025, it opened 2 new positions, sold out of 1, added to 41 and reduced 38. The biggest buy was Vngrd Mrgstr MG CP VL ETF-Ui (MGV, shares +19%) and the biggest sale Nuveen ESG Emerging Markets (NUEM, shares −5%).

Most Recent 13F
Q2 2026
Location
BOULDER, CO
CIK
0001664147
Portfolio Value
$266.4M (Q4 2025)
SEC Filing
0001664147-26-000001 ↗ filed Jan 23, 2026

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 Q3 2025 Q4 2025: $266.4M $266.4M Q4 2025 Q1 2026: $268.2M Q1 2026 Q2 2026: $293.1M Q2 2026

Holdings 105 stocks · $266.4M
USSG Xtrackers MSCI USA Sele Eqty 6.82% 285,902 $18.2M Add +3.4%
DFAI Dimensional International Co. 6.08% 424,667 $16.2M Add +1.3%
MGC Vngrd Mrngstr MG Cap ETF-Usd 5.03% 53,387 $13.4M Add +5.2%
DFAS Dimensional US Small Cap ETF 3.90% 148,982 $10.4M Add +1.8%
VTIP Vanguard Short-Term Tips 3.77% 203,074 $10.0M Add +4.0%
GOOG Alphabet Inc. Class C 3.64% 30,938 $9.7M Reduce -2.0%
AAPL Apple Inc. 3.44% 33,726 $9.2M Reduce -2.7%
NUEM Nuveen ESG Emerging Markets 3.20% 239,907 $8.5M Reduce -5.5%
SPY SS SPDR S&P 500 ETF Trust-US 3.15% 12,301 $8.4M Reduce -1.1%
DFAE Dimensional Emerging Core Eq 3.12% 254,806 $8.3M Add +4.3%
IWF iShares Russell 1000 Growth 2.41% 13,570 $6.4M Reduce -6.9%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 2.41% 45,428 $6.4M Add +18.7%
SUSB iShares ESG Aware 1-5 Year U 2.32% 244,835 $6.2M Add +15.3%
DFUV Dimensional US Marketwide Va 2.28% 130,431 $6.1M Reduce -1.3%
NUSC Nuveen ESG Small-Cap ETF 2.19% 130,720 $5.8M Reduce -1.9%
VGSR Vert GLB Sust Re ETF filed as MANAGER DIRECTED PORTFOLIOS 2.18% 559,209 $5.8M Add +0.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.09% 19,225 $5.6M Add +3.6%
MDY State Street SPDR S&P Midcap 1.86% 8,200 $4.9M Reduce -2.6%
INVESTMENT MANAGERS SER TR I 1.79% 175,755 $4.8M Reduce -2.2%
SUSC iShares ESG Aware Usd Corpor 1.71% 194,916 $4.6M Add +4.5%
HYXF iShares ESG Adv High Yield 1.66% 93,722 $4.4M Add +5.1%
IFLN Invesco Bloomberg Enhanced F 1.54% 220,747 $4.1M Add +3.0%
DFGR Dim Global Real Estate ETF 1.53% 154,125 $4.1M Add +5.1%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 1.44% 9,308 $3.8M Add +2.6%
IUSG iShares Core S&P U.S. Growth 1.41% 22,360 $3.8M Reduce -1.5%
FTSL First Trust Senior Loan ETF 1.33% 77,490 $3.6M Add +1.1%
BSV Vanguard Short-Term Bond ETF 1.32% 44,527 $3.5M Add +3.6%
NUBD Nuveen ESG US Aggregate Bond 1.29% 154,014 $3.4M Reduce -0.3%
IWD iShares Russell 1000 Value E 1.21% 15,355 $3.2M Reduce -0.3%
IVW iShares S&P 500 Growth ETF 1.21% 26,076 $3.2M Add +0.3%
SHOP Shopify Inc. Class A 0.99% 16,450 $2.6M No change
CLAYMORE EXCHANGE TRD FD TR 0.92% 38,929 $2.5M Reduce -7.5%
VNQ Vanguard Real Estate ETF 0.89% 26,799 $2.4M Reduce -1.6%
SCHM Schwab US Mid Cap ETF 0.89% 78,580 $2.4M Reduce -21.6%
QQQ Invesco QQQ Trust Series 1 0.76% 3,303 $2.0M Reduce -3.0%
IJR iShares Core S&P Small-Cap E 0.68% 15,076 $1.8M Reduce -2.6%
EEM iShares MSCI Emerging Market 0.67% 32,636 $1.8M Reduce -1.6%
SUSA iShares ESG Optimized MSCI U 0.66% 12,397 $1.8M Reduce -4.9%
BRK.B Berkshire Hathaway Inc. Class B 0.56% 2,989 $1.5M Reduce -4.2%
AMZN Amazon.com Inc. 0.52% 5,957 $1.4M Reduce -3.1%
NUDM Nuveen ESG Intl Devel MRK Eq 0.51% 37,814 $1.4M Add +6.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.51% 7,084 $1.4M Reduce -16.0%
SCHX Schwab US Large-Cap ETF 0.48% 47,977 $1.3M Add +0.3%
MSFT Microsoft Corp. 0.48% 2,634 $1.3M Reduce -8.7%
VSS Vanguard Ftse All Wo X-US SC 0.48% 8,872 $1.3M Reduce -4.5%
PRF Invesco Rafi US 1000 ETF 0.48% 27,045 $1.3M No change
IWM iShares Russell 2000 ETF 0.47% 5,108 $1.3M Reduce -1.2%
SCHG Schwab US Large-Cap Growth 0.46% 37,331 $1.2M Add +0.1%
RSP Invesco S&P 500 Equal Weight 0.44% 6,074 $1.2M No change
SCHB Schwab US Broad Market ETF 0.43% 43,441 $1.1M Add +0.3%
GOOGL Alphabet Inc. Class A 0.42% 3,615 $1.1M Add +0.8%
NULG Nuveen ESG LRG-Cap GRW ETF 0.42% 11,533 $1.1M Reduce -14.3%
ACGR American Century Large Cap G 0.42% 16,956 $1.1M Reduce -36.8%
IJH iShares Core S&P Midcap ETF 0.42% 16,839 $1.1M Reduce -3.7%
PG The Procter & Gamble Co. 0.41% 7,698 $1.1M Add +23.6%
SCHD Schwab US DVD Equity ETF 0.40% 38,637 $1.1M Add +0.9%
IVV iShares Core S&P 500 ETF 0.38% 1,467 $1.0M Add +0.3%
NVDA Nvidia Corp. 0.37% 5,251 $979K Add +1.2%
DGRW Wisdomtree U.S. Quality Divi 0.33% 9,768 $874K No change
QCLN First Trust Nasdaq Clean Edg 0.29% 17,564 $783K No change
IHDG Wisdomtree International Hed 0.27% 14,967 $728K Reduce -3.7%
XOM Exxon Mobil Corp. 0.27% 5,979 $719K Add +14.4%
EMLP First Trust North American E 0.26% 18,330 $694K Reduce -5.3%
AVDS Avantis Intl SM Cap Eq ETF 0.24% 9,233 $645K Add +1.2%
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 0.24% 9,761 $639K New
TBLU Managed Portfolio Series 0.23% 12,087 $614K Reduce -1.2%
PFE Pfizer Inc. 0.22% 23,770 $592K Add +5.8%
META Meta Platforms Inc. Class A 0.22% 894 $590K Add +1.7%
EFA iShares MSCI Eafe ETF 0.21% 5,806 $558K No change
VWO Vanguard Ftse Emerging Marke 0.21% 10,271 $552K Add +2.6%
NULV Nuveen ESG Large-Cap Val ETF 0.19% 11,164 $503K No change
JNJ Johnson & Johnson 0.18% 2,370 $490K Add +6.7%
IVE iShares S&P 500 Value ETF 0.17% 2,177 $462K Add +2.0%
VOO Vanguard S&P 500 ETF 0.17% 705 $442K Add +21.3%
SCHF Schwab Intl Equity ETF 0.16% 17,243 $415K Add +2.3%
JPM JPMorgan Chase & Co. 0.15% 1,261 $406K Add +1.4%
DFSU Dimensional US Sus CORE1 ETF 0.15% 9,109 $396K Add +1.3%
DCOR Dimensional US Core Eq 1 ETF 0.15% 5,368 $395K Add +0.4%
IWR iShares Russell Mid-Cap ETF 0.14% 3,858 $371K No change
EIS iShares MSCI Israel ETF 0.14% 3,342 $368K No change
HASI Ha Sustainable Infrastructur 0.14% 11,584 $364K Reduce -8.2%
IYH iShares U.S. Healthcare ETF 0.13% 5,455 $355K No change
DGS Wisdomtree Em Small Cap 0.13% 5,990 $343K No change
BAB Invesco Taxable Municipal Bo 0.13% 12,590 $342K New
COF Capital One Financial Corp. 0.13% 1,400 $339K No change
CAT Caterpillar Inc. 0.13% 587 $336K No change
CVMC Calvert US Mcap Core Resp 0.13% 5,239 $336K Reduce -54.0%
VEA Vanguard Ftse Developed ETF 0.12% 5,024 $314K Add +3.7%
DBEF Xtrackers MSCI Eafe Hedged E 0.11% 6,318 $304K No change
WMT Walmart Inc. 0.11% 2,711 $302K No change
TMO Thermo Fisher Scientific Inc. 0.10% 479 $278K No change
IXUS iShares Core Intl Stock ETF 0.10% 3,231 $273K Add +0.6%
CEG Constellation Energy 0.10% 750 $265K No change
PBD Invesco Global Clean Energy 0.09% 15,639 $252K Reduce -4.5%
NFLX Netflix Inc. 0.09% 2,680 $251K No change
EUDG Wisdomtree Europe Quality Di 0.09% 6,250 $235K Reduce -15.1%
SCZ iShares MSCI Eafe Small-Cap 0.09% 3,017 $234K No change
DSI iShares ESG MSCI KLD 400 ETF 0.09% 1,798 $232K Reduce -33.6%
NVO Novo-Nordisk A/S-Spons ADR 0.08% 4,209 $214K No change
IJK iShares S&P Mid-Cap 400 Grow 0.08% 2,199 $213K No change

Show all 105 holdings

Portfolio Sells Q3 2025 → Q4 2025
NUEM Nuveen ESG Emerging Markets Reduce -5.5% 3.20% −0.30
SCHM Schwab US Mid Cap ETF Reduce -21.6% 0.89% −0.26
ACGR American Century Large Cap G Reduce -36.8% 0.42% −0.26
IWF iShares Russell 1000 Growth Reduce -6.9% 2.41% −0.23
CVMC Calvert US Mcap Core Resp Reduce -54.0% 0.13% −0.15
CLAYMORE EXCHANGE TRD FD TR Reduce -7.5% 0.92% −0.12
HD Home Depot Inc. Sold out 0.00% −0.11
INVESTMENT MANAGERS SER TR I Reduce -2.2% 1.79% −0.10
VTV Vanguard Mrngstr Val ETF-Aui Reduce -16.0% 0.51% −0.10
MSFT Microsoft Corp. Reduce -8.7% 0.48% −0.10
NULG Nuveen ESG LRG-Cap GRW ETF Reduce -14.3% 0.42% −0.09
MDY State Street SPDR S&P Midcap Reduce -2.6% 1.86% −0.08
NUSC Nuveen ESG Small-Cap ETF Reduce -1.9% 2.19% −0.08
VNQ Vanguard Real Estate ETF Reduce -1.6% 0.89% −0.07
SUSA iShares ESG Optimized MSCI U Reduce -4.9% 0.66% −0.06
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.1% 3.15% −0.06
NUBD Nuveen ESG US Aggregate Bond Reduce -0.3% 1.29% −0.05
DSI iShares ESG MSCI KLD 400 ETF Reduce -33.6% 0.09% −0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -4.2% 0.56% −0.04
IUSG iShares Core S&P U.S. Growth Reduce -1.5% 1.41% −0.04
VSS Vanguard Ftse All Wo X-US SC Reduce -4.5% 0.48% −0.03
IJR iShares Core S&P Small-Cap E Reduce -2.6% 0.68% −0.03
QQQ Invesco QQQ Trust Series 1 Reduce -3.0% 0.76% −0.03
EMLP First Trust North American E Reduce -5.3% 0.26% −0.03
IJH iShares Core S&P Midcap ETF Reduce -3.7% 0.42% −0.02
TBLU Managed Portfolio Series Reduce -1.2% 0.23% −0.02
EEM iShares MSCI Emerging Market Reduce -1.6% 0.67% −0.01
HASI Ha Sustainable Infrastructur Reduce -8.2% 0.14% −0.01
IWM iShares Russell 2000 ETF Reduce -1.2% 0.47% −0.01
EUDG Wisdomtree Europe Quality Di Reduce -15.1% 0.09% −0.01
ABBV Abbvie Inc. Reduce -9.2% 0.07% −0.01
AMZN Amazon.com Inc. Reduce -3.1% 0.52% −0.01
IWB iShares Russell 1000 ETF Reduce -4.7% 0.08% −0.00
IHDG Wisdomtree International Hed Reduce -3.7% 0.27% −0.00
DFUV Dimensional US Marketwide Va Reduce -1.3% 2.28% −0.00
PBD Invesco Global Clean Energy Reduce -4.5% 0.09% −0.00
IWD iShares Russell 1000 Value E Reduce -0.3% 1.21% −0.00
AAPL Apple Inc. Reduce -2.7% 3.44% +0.03
GOOG Alphabet Inc. Class C Reduce -2.0% 3.64% +0.67

Portfolio Buys Q3 2025 → Q4 2025
MGV Vngrd Mrgstr MG CP VL ETF-Ui Add +18.7% 2.41% +0.37
USSG Xtrackers MSCI USA Sele Eqty Add +3.4% 6.82% +0.26
MGC Vngrd Mrngstr MG Cap ETF-Usd Add +5.2% 5.03% +0.25
SUSB iShares ESG Aware 1-5 Year U Add +15.3% 2.32% +0.24
AKRE Akre Focus ETF New 0.24% +0.24
DFAI Dimensional International Co. Add +1.3% 6.08% +0.18
DFAE Dimensional Emerging Core Eq Add +4.3% 3.12% +0.14
BAB Invesco Taxable Municipal Bo New 0.13% +0.13
GOOGL Alphabet Inc. Class A Add +0.8% 0.42% +0.09
PG The Procter & Gamble Co. Add +23.6% 0.41% +0.04
XOM Exxon Mobil Corp. Add +14.4% 0.27% +0.04
MGK Vngrd Mrgstr MG CP GR ETF-Ui Add +2.6% 1.44% +0.03
VOO Vanguard S&P 500 ETF Add +21.3% 0.17% +0.03
HYXF iShares ESG Adv High Yield Add +5.1% 1.66% +0.02
JNJ Johnson & Johnson Add +6.7% 0.18% +0.02
DFAS Dimensional US Small Cap ETF Add +1.8% 3.90% +0.02
SUSC iShares ESG Aware Usd Corpor Add +4.5% 1.71% +0.01
VEA Vanguard Ftse Developed ETF Add +3.7% 0.12% +0.01
BSV Vanguard Short-Term Bond ETF Add +3.6% 1.32% +0.01
AVDS Avantis Intl SM Cap Eq ETF Add +1.2% 0.24% +0.00
SCHF Schwab Intl Equity ETF Add +2.3% 0.16% +0.00
IVE iShares S&P 500 Value ETF Add +2.0% 0.17% +0.00
PFE Pfizer Inc. Add +5.8% 0.22% +0.00
DFSU Dimensional US Sus CORE1 ETF Add +1.3% 0.15% +0.00
JPM JPMorgan Chase & Co. Add +1.4% 0.15% +0.00
IFLN Invesco Bloomberg Enhanced F Add +3.0% 1.54% +0.00
IXUS iShares Core Intl Stock ETF Add +0.6% 0.10% 0.00
DCOR Dimensional US Core Eq 1 ETF Add +0.4% 0.15% −0.00
IVV iShares Core S&P 500 ETF Add +0.3% 0.38% −0.00
VWO Vanguard Ftse Emerging Marke Add +2.6% 0.21% −0.00
SCHX Schwab US Large-Cap ETF Add +0.3% 0.48% −0.00
SCHB Schwab US Broad Market ETF Add +0.3% 0.43% −0.00
SCHG Schwab US Large-Cap Growth Add +0.1% 0.46% −0.00
NUDM Nuveen ESG Intl Devel MRK Eq Add +6.4% 0.51% −0.00
SCHD Schwab US DVD Equity ETF Add +0.9% 0.40% −0.01
NVDA Nvidia Corp. Add +1.2% 0.37% −0.01
IVW iShares S&P 500 Growth ETF Add +0.3% 1.21% −0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +3.6% 2.09% −0.01
DFGR Dim Global Real Estate ETF Add +5.1% 1.53% −0.02
FTSL First Trust Senior Loan ETF Add +1.1% 1.33% −0.02
META Meta Platforms Inc. Class A Add +1.7% 0.22% −0.03
VTIP Vanguard Short-Term Tips Add +4.0% 3.77% −0.05
VGSR Vert GLB Sust Re ETF Add +0.1% 2.18% −0.12

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