Denver PWM, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 18, 2026), Denver PWM, LLC reported 89 stock positions worth $305.7 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 8.6% of the portfolio, followed by Schwab US Large-Cap Value (SCHV, 6.2%) and Schwab US Mid Cap ETF (SCHM, 6.2%). Compared with Q1 2026, it opened 4 new positions, sold out of 2, added to 38 and reduced 31. The biggest buy was a new position in FT Vest Lad Buffervetf-Usd I (BUFR) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −27%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001657980
- Portfolio Value
- $305.7M (Q2 2026)
- SEC Filing
- 0001420506-26-001849 ↗ filed Aug 18, 2026
Holdings Value
Holdings 89 stocks · $305.7M
| SCHG Schwab US Large-Cap Growth | 8.62% | 736,549 | $26.4M | Reduce -0.7% |
| SCHV Schwab US Large-Cap Value | 6.16% | 532,138 | $18.8M | Add +2.0% |
| SCHM Schwab US Mid Cap ETF | 6.15% | 512,689 | $18.8M | Add +0.7% |
| IBTH iShares Ibonds Dec 2027 Term | 6.00% | 820,926 | $18.4M | Add +6.2% |
| HEFA Isha Curr Hedged MSCI Eafe | 5.40% | 345,322 | $16.5M | Add +3.7% |
| IBTI iShares Ibonds Dec 2028 Term | 5.31% | 734,257 | $16.2M | Add +10.3% |
| IBTG iShares Ibonds Dec 2026 Term | 5.18% | 692,276 | $15.8M | Add +3.5% |
| SCHF Schwab Intl Equity ETF | 4.85% | 520,247 | $14.8M | Add +1.8% |
| IBTJ iShares Ibonds Dec 2029 Term | 4.84% | 685,352 | $14.8M | Add +1.9% |
| TOTL SS Doubleline TR Tact ETF | 4.42% | 348,315 | $13.5M | Add +7.8% |
| IBTK iShares Ibonds Dec 2030 Trea | 4.35% | 684,939 | $13.3M | Reduce -1.4% |
| SMLF iShares US Smallcap Equity F | 3.17% | 106,982 | $9.7M | Add +3.1% |
| JAAA Janus Henderson Aaa Clo ETF | 3.13% | 188,939 | $9.6M | Add +0.7% |
| IJK iShares S&P Mid-Cap 400 Grow | 2.52% | 64,609 | $7.7M | Reduce -1.0% |
| VOO Vanguard S&P 500 ETF | 1.76% | 7,543 | $5.4M | Reduce -27.4% |
| SCHX Schwab US Large-Cap ETF | 1.69% | 168,888 | $5.2M | Reduce -8.7% |
| BOND PIMCO Active Bond Exchange-T | 1.60% | 54,023 | $4.9M | Reduce -1.1% |
| JAVA JPMorgan Active Value ETF | 1.38% | 50,176 | $4.2M | Reduce -4.5% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.30% | 40,805 | $4.0M | Reduce -3.8% |
| BUFR FT Vest Lad Buffervetf-Usd I | 1.22% | 99,896 | $3.7M | New |
| AAPL Apple Inc. | 1.17% | 11,696 | $3.6M | Reduce -33.8% |
| CAT Caterpillar Inc. | 1.00% | 3,584 | $3.1M | Reduce -3.5% |
| MSFT Microsoft Corp. | 0.91% | 5,618 | $2.8M | Reduce -4.4% |
| IVV iShares Core S&P 500 ETF | 0.87% | 3,412 | $2.7M | Add +1.3% |
| IPAC iShares Core MSCI Pacific Et | 0.85% | 29,978 | $2.6M | Add +4.6% |
| SPMO Invesco S&P 500 Momentum ETF | 0.84% | 16,733 | $2.6M | Add +4.2% |
| EFA iShares MSCI Eafe ETF | 0.79% | 22,165 | $2.4M | Add +1.1% |
| JBBB Janus Henderson B-BBB Clo Et | 0.73% | 47,354 | $2.2M | Add +24.6% |
| IUSV iShares Core S&P U.S. Value | 0.73% | 19,221 | $2.2M | Reduce -1.4% |
| NVDA Nvidia Corp. | 0.72% | 9,780 | $2.2M | Add +26.2% |
| COST Costco Wholesale Corp. | 0.68% | 2,159 | $2.1M | Reduce -2.6% |
| IWR iShares Russell Mid-Cap ETF | 0.66% | 17,588 | $2.0M | Reduce -0.5% |
| CLSE Convergence Long/Short Eqy | 0.53% | 48,283 | $1.6M | Add +12.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.52% | 15,693 | $1.6M | Reduce -2.0% |
| SCHA Schwab US Small-Cap ETF | 0.50% | 43,022 | $1.5M | Reduce -2.9% |
| XOM Exxon Mobil Corp. | 0.49% | 9,338 | $1.5M | Add +0.0% |
| IWB iShares Russell 1000 ETF | 0.45% | 3,255 | $1.4M | Add +0.2% |
| LITE Lumentum Holdings Inc. | 0.42% | 1,392 | $1.3M | Add +0.4% |
| ORCL Oracle Corp. | 0.42% | 8,435 | $1.3M | Add +0.4% |
| NMAX Newsmax Inc. | 0.38% | 107,741 | $1.2M | No change |
| AMZN Amazon.com Inc. | 0.35% | 4,096 | $1.1M | Add +3.5% |
| VZ Verizon Communications Inc. | 0.32% | 19,906 | $965K | No change |
| GOOGL Alphabet Inc. Class A | 0.26% | 2,313 | $800K | Add +17.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.24% | 2,403 | $743K | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 0.24% | 2,044 | $742K | Add +6.5% |
| VEA Vanguard Ftse Developed ETF | 0.24% | 9,862 | $726K | No change |
| HELO JPMorgan Hedged Equity ETF | 0.21% | 9,271 | $650K | Reduce -38.4% |
| AVGO Broadcom Inc. | 0.21% | 1,611 | $633K | Add +17.5% |
| SCHB Schwab US Broad Market ETF | 0.20% | 20,364 | $612K | Reduce -12.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.20% | 6,836 | $611K | Reduce -83.6% |
| GE General Electric filed as GE AEROSPACE | 0.19% | 1,600 | $589K | Reduce -0.3% |
| IUSG iShares Core S&P U.S. Growth | 0.19% | 2,960 | $575K | Add +0.1% |
| IWM iShares Russell 2000 ETF | 0.17% | 1,729 | $527K | Reduce -0.1% |
| BA The Boeing Co. | 0.17% | 2,264 | $525K | Add +10.7% |
| TSLA Tesla Inc. | 0.17% | 1,501 | $514K | No change |
| GOOG Alphabet Inc. Class C | 0.17% | 1,470 | $505K | Add +14.3% |
| TXN Texas Instruments Inc. | 0.16% | 1,705 | $477K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.15% | 2,014 | $472K | Add +11.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.15% | 1,095 | $467K | Add +10.6% |
| WMT Walmart Inc. | 0.15% | 4,019 | $463K | Add +12.9% |
| BMY Bristol-Myers Squibb Co. | 0.15% | 7,211 | $460K | Add +12.7% |
| CVS CVS Health Corp. | 0.15% | 4,650 | $452K | No change |
| AMGN Amgen Inc. | 0.14% | 1,042 | $432K | Add +0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.14% | 1,864 | $424K | Add +0.5% |
| INTC Intel Corp. | 0.13% | 3,978 | $408K | Reduce -3.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.13% | 3,794 | $405K | Reduce -2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.13% | 512 | $397K | Reduce -1.5% |
| MU Micron Technology Inc. | 0.13% | 395 | $384K | Reduce -48.3% |
| VIAV Viavi Solutions Inc. | 0.12% | 8,742 | $381K | No change |
| HD Home Depot Inc. | 0.12% | 1,121 | $380K | No change |
| SCHW Schwab (charles) Corp. | 0.12% | 3,289 | $365K | Reduce -2.4% |
| WFC Wells Fargo & Co. | 0.11% | 3,889 | $345K | No change |
| GEV GE Vernova Inc. | 0.11% | 324 | $344K | Reduce -5.0% |
| PANW Palo Alto Networks Inc. | 0.11% | 876 | $337K | New |
| IVE iShares S&P 500 Value ETF | 0.11% | 1,397 | $333K | Add +0.3% |
| IEMG iShares Core MSCI Emerging | 0.11% | 4,060 | $330K | Reduce -1.3% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.10% | 2,813 | $320K | Reduce -0.3% |
| JNJ Johnson & Johnson | 0.10% | 1,197 | $312K | No change |
| AMD Advanced Micro Devices | 0.10% | 583 | $300K | Add +26.7% |
| META Meta Platforms Inc. Class A | 0.10% | 493 | $291K | Reduce -13.1% |
| GILD Gilead Sciences Inc. | 0.10% | 2,100 | $291K | No change |
| C Citigroup Inc. | 0.09% | 2,029 | $283K | Add +0.4% |
| BND Vanguard Total Bond Market | 0.09% | 3,861 | $279K | No change |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.09% | 3,853 | $266K | No change |
| LLY Eli Lilly & Co. | 0.08% | 216 | $255K | No change |
| CVX Chevron Corp. | 0.08% | 1,241 | $248K | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.07% | 1,374 | $209K | No change |
| BSJS Invesco Bulletshares 2028 HY | 0.07% | 9,450 | $206K | New |
| YSS York Space Systems Inc. | 0.05% | 15,000 | $164K | New |
Portfolio Sells Q1 2026 → Q2 2026
| VOO Vanguard S&P 500 ETF | Reduce -27.4% | 1.76% | −0.66 |
| AAPL Apple Inc. | Reduce -33.8% | 1.17% | −0.61 |
| IBTK iShares Ibonds Dec 2030 Trea | Reduce -1.4% | 4.35% | −0.34 |
| SCHX Schwab US Large-Cap ETF | Reduce -8.7% | 1.69% | −0.15 |
| CAT Caterpillar Inc. | Reduce -3.5% | 1.00% | −0.14 |
| HELO JPMorgan Hedged Equity ETF | Reduce -38.4% | 0.21% | −0.14 |
| BOND PIMCO Active Bond Exchange-T | Reduce -1.1% | 1.60% | −0.13 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -3.8% | 1.30% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -2.6% | 0.68% | −0.09 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.08 |
| SCHG Schwab US Large-Cap Growth | Reduce -0.7% | 8.62% | −0.07 |
| RKLB Rocket Lab Corp. | Sold out | 0.00% | −0.07 |
| MU Micron Technology Inc. | Reduce -48.3% | 0.13% | −0.07 |
| INTC Intel Corp. | Reduce -3.4% | 0.13% | −0.04 |
| SCHB Schwab US Broad Market ETF | Reduce -12.7% | 0.20% | −0.03 |
| META Meta Platforms Inc. Class A | Reduce -13.1% | 0.10% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.0% | 0.52% | −0.02 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -1.0% | 2.52% | −0.01 |
| DIS The Walt Disney Co. | Reduce -2.6% | 0.13% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -1.3% | 0.11% | −0.01 |
| GEV GE Vernova Inc. | Reduce -5.0% | 0.11% | −0.01 |
| SCHA Schwab US Small-Cap ETF | Reduce -2.9% | 0.50% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -83.6% | 0.20% | −0.01 |
| IUSV iShares Core S&P U.S. Value | Reduce -1.4% | 0.73% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.5% | 0.13% | −0.00 |
| JAVA JPMorgan Active Value ETF | Reduce -4.5% | 1.38% | −0.00 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -0.3% | 0.10% | +0.00 |
| IWM iShares Russell 2000 ETF | Reduce -0.1% | 0.17% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -0.4% | 0.24% | +0.00 |
| SCHW Schwab (charles) Corp. | Reduce -2.4% | 0.12% | +0.02 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.5% | 0.66% | +0.02 |
| GE General Electric | Reduce -0.3% | 0.19% | +0.03 |
| MSFT Microsoft Corp. | Reduce -4.4% | 0.91% | +0.07 |
Portfolio Buys Q1 2026 → Q2 2026
| BUFR FT Vest Lad Buffervetf-Usd I | New | 1.22% | +1.22 |
| SCHV Schwab US Large-Cap Value | Add +2.0% | 6.16% | +0.30 |
| HEFA Isha Curr Hedged MSCI Eafe | Add +3.7% | 5.40% | +0.29 |
| IBTI iShares Ibonds Dec 2028 Term | Add +10.3% | 5.31% | +0.23 |
| SMLF iShares US Smallcap Equity F | Add +3.1% | 3.17% | +0.18 |
| NVDA Nvidia Corp. | Add +26.2% | 0.72% | +0.15 |
| JBBB Janus Henderson B-BBB Clo Et | Add +24.6% | 0.73% | +0.11 |
| PANW Palo Alto Networks Inc. | New | 0.11% | +0.11 |
| SCHM Schwab US Mid Cap ETF | Add +0.7% | 6.15% | +0.07 |
| BSJS Invesco Bulletshares 2028 HY | New | 0.07% | +0.07 |
| IBTH iShares Ibonds Dec 2027 Term | Add +6.2% | 6.00% | +0.06 |
| YSS York Space Systems Inc. | New | 0.05% | +0.05 |
| CLSE Convergence Long/Short Eqy | Add +12.4% | 0.53% | +0.05 |
| SPMO Invesco S&P 500 Momentum ETF | Add +4.2% | 0.84% | +0.05 |
| SCHF Schwab Intl Equity ETF | Add +1.8% | 4.85% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +6.5% | 0.24% | +0.04 |
| IPAC iShares Core MSCI Pacific Et | Add +4.6% | 0.85% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +12.7% | 0.15% | +0.03 |
| AMD Advanced Micro Devices | Add +26.7% | 0.10% | +0.03 |
| TOTL SS Doubleline TR Tact ETF | Add +7.8% | 4.42% | +0.03 |
| XOM Exxon Mobil Corp. | Add +0.0% | 0.49% | +0.03 |
| AMGN Amgen Inc. | Add +0.1% | 0.14% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +10.6% | 0.15% | +0.01 |
| IBM Intl Business Machines Corp. | Add +11.9% | 0.15% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +1.3% | 0.87% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.5% | 0.14% | +0.01 |
| C Citigroup Inc. | Add +0.4% | 0.09% | +0.01 |
| BA The Boeing Co. | Add +10.7% | 0.17% | +0.00 |
| EFA iShares MSCI Eafe ETF | Add +1.1% | 0.79% | +0.00 |
| AVGO Broadcom Inc. | Add +17.5% | 0.21% | +0.00 |
| IWB iShares Russell 1000 ETF | Add +0.2% | 0.45% | +0.00 |
| IVE iShares S&P 500 Value ETF | Add +0.3% | 0.11% | +0.00 |
| IUSG iShares Core S&P U.S. Growth | Add +0.1% | 0.19% | −0.00 |
| WMT Walmart Inc. | Add +12.9% | 0.15% | −0.01 |
| GOOGL Alphabet Inc. Class A | Add +17.8% | 0.26% | −0.01 |
| LITE Lumentum Holdings Inc. | Add +0.4% | 0.42% | −0.01 |
| GOOG Alphabet Inc. Class C | Add +14.3% | 0.17% | −0.01 |
| AMZN Amazon.com Inc. | Add +3.5% | 0.35% | −0.02 |
| IBTG iShares Ibonds Dec 2026 Term | Add +3.5% | 5.18% | −0.08 |
| JAAA Janus Henderson Aaa Clo ETF | Add +0.7% | 3.13% | −0.14 |
| ORCL Oracle Corp. | Add +0.4% | 0.42% | −0.15 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +1.9% | 4.84% | −0.19 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 89 | $305.7M | SCHG, SCHV, SCHM, IBTH, HEFA |
| Q1 2026 | 87 | $290.9M | SCHG, SCHM, IBTH, SCHV, IBTG |
| Q4 2025 | 76 | $299.4M | SCHG, SCHV, SCHM, SCHF, IBTG |
| Q3 2025 | 78 | $320.7M | SCHG, IBTF, SCHV, SCHM, SCHF |
| Q2 2025 | 78 | $320.7M | SCHG, IBTF, SCHV, SCHM, SCHF |
| Q1 2025 | 70 | $277.9M | SCHG, SCHV, IBTF, SCHM, SCHF |
| Q4 2024 | 231 | $258.4M | SCHG, SCHM, SCHV, IBTF, SCHF |
| Q3 2024Amended | 159 | $263.3M | SCHG, SCHF, SCHV, SCHM, TOTL |
| Q2 2024 | 234 | $250.7M | SCHG, SCHF, SCHV, SCHM, IBTE |
| Q1 2024 | 95 | $258.7M | SCHG, SCHWAB INTERNATIONAL EQUITY ETF, SCHM, SCHV, IBIT |