Denver Wealth Management, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Denver Wealth Management, Inc. reported 92 stock positions worth $282.2 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 21.6% of the portfolio, followed by Invesco Nasdaq 100 ETF (QQQM, 19.0%) and Invesco S&P 500 Revenue ETF (RWL, 6.5%). Compared with Q3 2025, it opened 5 new positions, sold out of 4, added to 40 and reduced 41. The biggest buy was Invesco S&P 500 Equal Weight (RSPU, shares +584%) and the biggest sale St Sr Utl SL SE SPDR ETF-Usd (XLU, shares −74%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001909800
- Portfolio Value
- $282.2M (Q4 2025)
- SEC Filing
- 0001951757-26-000431 ↗ filed Feb 13, 2026
Holdings Value
Holdings 92 stocks · $282.2M
| SPYM Ste STR SPDR PT S&P 500 ETF | 21.65% | 761,515 | $61.1M | Reduce -1.6% |
| QQQM Invesco Nasdaq 100 ETF | 19.03% | 212,334 | $53.7M | Add +1.2% |
| RWL Invesco S&P 500 Revenue ETF | 6.48% | 159,604 | $18.3M | Add +3.5% |
| IWF iShares Russell 1000 Growth | 5.76% | 34,352 | $16.3M | Add +7.4% |
| JAAA Janus Henderson Aaa Clo ETF | 4.28% | 238,540 | $12.1M | Add +14.0% |
| RDVY First Trust Rising Dividend | 3.69% | 149,789 | $10.4M | Add +1.3% |
| AAPL Apple Inc. | 3.01% | 31,203 | $8.5M | Reduce -0.4% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.93% | 145,471 | $8.3M | Add +2.3% |
| RSPU Invesco S&P 500 Equal Weight | 2.52% | 95,156 | $7.1M | Add +584.4% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.49% | 65,888 | $7.0M | Reduce -0.6% |
| XMHQ Invesco S&P Midcap Qual ETF | 2.43% | 67,013 | $6.9M | Add +18.1% |
| IMCG iShares Morningstar Mid-Cap | 1.50% | 53,081 | $4.2M | Add +11.3% |
| CLIP Global X 1-3 Month T-Bill | 1.45% | 40,738 | $4.1M | Add +13.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.36% | 5,619 | $3.8M | Add +5.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.13% | 5,195 | $3.2M | Reduce -0.8% |
| SDY SS SPDR S&P Dividend ETF | 1.05% | 21,391 | $3.0M | Reduce -8.1% |
| USFR Wisdomtree Floating Rate Tre | 0.90% | 50,285 | $2.5M | Add +42.3% |
| SPHQ Invesco S&P 500 Quality ETF | 0.80% | 30,167 | $2.3M | Add +6.6% |
| TBIL F/M US Treasury 3 Month Bill | 0.77% | 43,684 | $2.2M | Reduce -41.0% |
| PAAA Pgim Aaa Clo ETF | 0.72% | 39,873 | $2.0M | Add +16.4% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.70% | 20,979 | $2.0M | Add +1.5% |
| NVDA Nvidia Corp. | 0.66% | 10,010 | $1.9M | Reduce -7.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 2,935 | $1.5M | Add +2.9% |
| DGRW Wisdomtree U.S. Quality Divi | 0.49% | 15,560 | $1.4M | Reduce -2.5% |
| FVD First Trust Value Line DVD | 0.49% | 30,147 | $1.4M | Reduce -2.2% |
| HD Home Depot Inc. | 0.49% | 4,008 | $1.4M | Reduce -2.5% |
| RECS Columbia Resear Enh Cor ETF | 0.43% | 29,922 | $1.2M | Add +4.4% |
| AVUV Avantis US Small Cap Value | 0.43% | 11,919 | $1.2M | Add +10.5% |
| SIVR Abrdn Physical Silver Shares | 0.43% | 17,954 | $1.2M | No change |
| XBIL F/M US Treasury 6 Month Bill | 0.43% | 24,181 | $1.2M | Reduce -63.3% |
| SMH Vaneck Semiconductor ETF | 0.42% | 3,257 | $1.2M | New |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.41% | 26,812 | $1.1M | Reduce -74.2% |
| BSCQ Invesco Bulletshares 2026 CB | 0.37% | 54,029 | $1.1M | Add +74.0% |
| IHDG Wisdomtree International Hed | 0.36% | 20,999 | $1.0M | Add +1.6% |
| AOM iShares Core 40/60 Moderate | 0.34% | 19,848 | $947K | Add +28.6% |
| TSLA Tesla Inc. | 0.33% | 2,093 | $941K | Add +7.2% |
| DON Wisdomtree US Midcap Dividen | 0.33% | 17,847 | $921K | Reduce -0.6% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.31% | 15,245 | $883K | Reduce -1.1% |
| O Realty Income Corp. | 0.30% | 14,830 | $836K | Add +1.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.29% | 1,677 | $818K | Add +0.2% |
| FENI Fidelity Enhanced Intl ETF | 0.29% | 22,136 | $810K | Add +9.8% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.27% | 30,518 | $773K | Reduce -16.7% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.26% | 15,625 | $732K | Reduce -0.2% |
| GLDM SPDR Gold Minishares Trust | 0.25% | 8,421 | $719K | Add +8.8% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.25% | 1,477 | $710K | Reduce -2.0% |
| MSFT Microsoft Corp. | 0.24% | 1,373 | $664K | Add +1.6% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.23% | 6,869 | $635K | Reduce -7.0% |
| BAR Graniteshares Gold Trust | 0.21% | 14,241 | $605K | No change |
| IVV iShares Core S&P 500 ETF | 0.21% | 876 | $600K | Add +0.7% |
| JPM JPMorgan Chase & Co. | 0.21% | 1,827 | $589K | Reduce -0.7% |
| ITOT iShares Core S&P Total U.S. | 0.20% | 3,828 | $569K | Add +7.3% |
| XLE SS Energy Select Sector | 0.20% | 12,724 | $569K | Reduce -1.5% |
| NOBL Proshares S&P 500 Dividend A | 0.20% | 5,419 | $564K | Add +0.5% |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | 0.20% | 21,932 | $552K | Reduce -0.5% |
| WFC Wells Fargo & Co. | 0.19% | 5,722 | $533K | Reduce -0.1% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.19% | 5,840 | $531K | Reduce -0.5% |
| AMZN Amazon.com Inc. | 0.19% | 2,267 | $523K | Reduce -1.1% |
| BSCR Invesco Bulletshares 2027 CB | 0.18% | 26,295 | $519K | Add +84.1% |
| XOM Exxon Mobil Corp. | 0.18% | 4,148 | $499K | Reduce -1.4% |
| SLV iShares Silver Trust | 0.17% | 7,477 | $482K | Reduce -13.3% |
| VIG Vanguard Dividend Apprec ETF | 0.16% | 2,056 | $452K | Reduce -17.5% |
| EFIV SS SPDR S&P 500 ESG ETF | 0.16% | 6,691 | $443K | Add +0.4% |
| ETG Eaton Vance T/A GL DVD Incm | 0.14% | 17,669 | $408K | Reduce -3.2% |
| XLV SS Health Care Select Sector | 0.14% | 2,491 | $386K | Reduce -20.7% |
| JPEF JPMorgan Equity Focus ETF | 0.13% | 4,883 | $365K | No change |
| IJR iShares Core S&P Small-Cap E | 0.12% | 2,801 | $337K | Add +0.7% |
| COST Costco Wholesale Corp. | 0.11% | 376 | $324K | No change |
| DIVO Amplify CWP Enhan Divid ETF | 0.11% | 7,246 | $322K | Add +2.9% |
| MA Mastercard Inc. Class A | 0.11% | 561 | $320K | Reduce -0.5% |
| CHGX Stance Sustainable Beta ETF | 0.11% | 11,402 | $310K | Reduce -3.5% |
| XAR SS SPDR S&P Aerospace Def | 0.11% | 1,276 | $308K | Reduce -0.6% |
| XLF SS Financial Select Sector | 0.11% | 5,455 | $299K | Add +0.7% |
| PSX Phillips 66 | 0.10% | 2,272 | $293K | Reduce -4.8% |
| GOOGL Alphabet Inc. Class A | 0.10% | 903 | $283K | No change |
| IJH iShares Core S&P Midcap ETF | 0.10% | 4,266 | $282K | Add +0.3% |
| AOK iShares Core 30/70 Conservat | 0.10% | 7,006 | $281K | Reduce -1.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 918 | $272K | Reduce -0.3% |
| CVX Chevron Corp. | 0.09% | 1,748 | $266K | Reduce -6.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.09% | 890 | $258K | Reduce -12.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.09% | 2,800 | $250K | New |
| NULV Nuveen ESG Large-Cap Val ETF | 0.09% | 5,442 | $245K | Add +0.8% |
| BSMQ Invesco Bulletshares 2026 MB | 0.08% | 10,100 | $239K | Reduce -8.6% |
| AHR American Healthcare REIT Inc. | 0.08% | 5,045 | $237K | Reduce -6.9% |
| PFE Pfizer Inc. | 0.08% | 9,225 | $230K | Add +3.4% |
| MELI MercadoLibre Inc. | 0.08% | 114 | $230K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.08% | 1,268 | $225K | Add +12.2% |
| DVY iShares Select Dividend ETF | 0.08% | 1,583 | $223K | Reduce -19.6% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.08% | 4,180 | $214K | New |
| WMT Walmart Inc. | 0.07% | 1,860 | $207K | New |
| CAT Caterpillar Inc. | 0.07% | 354 | $203K | New |
| WM Waste Management Inc. | 0.07% | 923 | $203K | Add +0.1% |
| FSCO FS Credit Opportunities Corp. | 0.05% | 21,297 | $134K | Reduce -15.8% |
Portfolio Sells Q3 2025 → Q4 2025
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -74.2% | 0.41% | −1.26 |
| XBIL F/M US Treasury 6 Month Bill | Reduce -63.3% | 0.43% | −0.79 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -1.6% | 21.65% | −0.70 |
| TBIL F/M US Treasury 3 Month Bill | Reduce -41.0% | 0.77% | −0.59 |
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −0.25 |
| BSMP Invesco Bulletshares 2025 MB | Sold out | 0.00% | −0.22 |
| OBIL F/M US Treasury 12 Month Bil | Sold out | 0.00% | −0.20 |
| MUNI PIMCO Intermediate Municipal | Sold out | 0.00% | −0.15 |
| SDY SS SPDR S&P Dividend ETF | Reduce -8.1% | 1.05% | −0.15 |
| HD Home Depot Inc. | Reduce -2.5% | 0.49% | −0.13 |
| NVDA Nvidia Corp. | Reduce -7.9% | 0.66% | −0.09 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -16.7% | 0.27% | −0.07 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -0.6% | 2.49% | −0.06 |
| VIG Vanguard Dividend Apprec ETF | Reduce -17.5% | 0.16% | −0.04 |
| FVD First Trust Value Line DVD | Reduce -2.2% | 0.49% | −0.03 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -2.5% | 0.49% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.8% | 1.13% | −0.03 |
| XLV SS Health Care Select Sector | Reduce -20.7% | 0.14% | −0.02 |
| DVY iShares Select Dividend ETF | Reduce -19.6% | 0.08% | −0.02 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -7.0% | 0.23% | −0.02 |
| DON Wisdomtree US Midcap Dividen | Reduce -0.6% | 0.33% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -12.9% | 0.09% | −0.02 |
| FSCO FS Credit Opportunities Corp. | Reduce -15.8% | 0.05% | −0.02 |
| PSX Phillips 66 | Reduce -4.8% | 0.10% | −0.02 |
| CVX Chevron Corp. | Reduce -6.6% | 0.09% | −0.01 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -1.1% | 0.31% | −0.01 |
| BSMQ Invesco Bulletshares 2026 MB | Reduce -8.6% | 0.08% | −0.01 |
| XLE SS Energy Select Sector | Reduce -1.5% | 0.20% | −0.01 |
| CHGX Stance Sustainable Beta ETF | Reduce -3.5% | 0.11% | −0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -0.2% | 0.26% | −0.01 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -2.0% | 0.25% | −0.01 |
| AOK iShares Core 30/70 Conservat | Reduce -1.4% | 0.10% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -0.7% | 0.21% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -0.5% | 0.11% | −0.00 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -0.5% | 0.19% | −0.00 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Reduce -0.5% | 0.20% | −0.00 |
| XAR SS SPDR S&P Aerospace Def | Reduce -0.6% | 0.11% | −0.00 |
| AMZN Amazon.com Inc. | Reduce -1.1% | 0.19% | +0.00 |
| AHR American Healthcare REIT Inc. | Reduce -6.9% | 0.08% | +0.00 |
| IBM Intl Business Machines Corp. | Reduce -0.3% | 0.10% | +0.00 |
| XOM Exxon Mobil Corp. | Reduce -1.4% | 0.18% | +0.00 |
| ETG Eaton Vance T/A GL DVD Incm | Reduce -3.2% | 0.14% | +0.00 |
| WFC Wells Fargo & Co. | Reduce -0.1% | 0.19% | +0.01 |
| SLV iShares Silver Trust | Reduce -13.3% | 0.17% | +0.04 |
| AAPL Apple Inc. | Reduce -0.4% | 3.01% | +0.07 |
Portfolio Buys Q3 2025 → Q4 2025
| RSPU Invesco S&P 500 Equal Weight | Add +584.4% | 2.52% | +2.13 |
| SMH Vaneck Semiconductor ETF | New | 0.42% | +0.42 |
| JAAA Janus Henderson Aaa Clo ETF | Add +14.0% | 4.28% | +0.36 |
| IWF iShares Russell 1000 Growth | Add +7.4% | 5.76% | +0.24 |
| USFR Wisdomtree Floating Rate Tre | Add +42.3% | 0.90% | +0.24 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +18.1% | 2.43% | +0.24 |
| RWL Invesco S&P 500 Revenue ETF | Add +3.5% | 6.48% | +0.19 |
| BSCQ Invesco Bulletshares 2026 CB | Add +74.0% | 0.37% | +0.15 |
| CLIP Global X 1-3 Month T-Bill | Add +13.3% | 1.45% | +0.11 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.09% | +0.09 |
| BSCR Invesco Bulletshares 2027 CB | Add +84.1% | 0.18% | +0.08 |
| NEAR iShares SH Dba ETF Usd Inc. | New | 0.08% | +0.08 |
| PAAA Pgim Aaa Clo ETF | Add +16.4% | 0.72% | +0.07 |
| WMT Walmart Inc. | New | 0.07% | +0.07 |
| CAT Caterpillar Inc. | New | 0.07% | +0.07 |
| AOM iShares Core 40/60 Moderate | Add +28.6% | 0.34% | +0.07 |
| IMCG iShares Morningstar Mid-Cap | Add +11.3% | 1.50% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.0% | 1.36% | +0.04 |
| SPHQ Invesco S&P 500 Quality ETF | Add +6.6% | 0.80% | +0.04 |
| GLDM SPDR Gold Minishares Trust | Add +8.8% | 0.25% | +0.04 |
| AVUV Avantis US Small Cap Value | Add +10.5% | 0.43% | +0.04 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +2.3% | 2.93% | +0.03 |
| FENI Fidelity Enhanced Intl ETF | Add +9.8% | 0.29% | +0.03 |
| RDVY First Trust Rising Dividend | Add +1.3% | 3.69% | +0.02 |
| TSLA Tesla Inc. | Add +7.2% | 0.33% | +0.01 |
| IHDG Wisdomtree International Hed | Add +1.6% | 0.36% | +0.01 |
| ITOT iShares Core S&P Total U.S. | Add +7.3% | 0.20% | +0.01 |
| RECS Columbia Resear Enh Cor ETF | Add +4.4% | 0.43% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +12.2% | 0.08% | +0.00 |
| EFIV SS SPDR S&P 500 ESG ETF | Add +0.4% | 0.16% | +0.00 |
| NULV Nuveen ESG Large-Cap Val ETF | Add +0.8% | 0.09% | −0.00 |
| DIVO Amplify CWP Enhan Divid ETF | Add +2.9% | 0.11% | −0.00 |
| IVV iShares Core S&P 500 ETF | Add +0.7% | 0.21% | −0.00 |
| XLF SS Financial Select Sector | Add +0.7% | 0.11% | −0.00 |
| PFE Pfizer Inc. | Add +3.4% | 0.08% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Add +0.3% | 0.10% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Add +0.7% | 0.12% | −0.00 |
| WM Waste Management Inc. | Add +0.1% | 0.07% | −0.00 |
| NOBL Proshares S&P 500 Dividend A | Add +0.5% | 0.20% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.9% | 0.52% | −0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.2% | 0.29% | −0.01 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +1.5% | 0.70% | −0.02 |
| MSFT Microsoft Corp. | Add +1.6% | 0.24% | −0.02 |
| O Realty Income Corp. | Add +1.0% | 0.30% | −0.03 |
| QQQM Invesco Nasdaq 100 ETF | Add +1.2% | 19.03% | −0.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 109 | $349.3M | SPYM, QQQM, RWL, IDEQ, IWF |
| Q1 2026 | 100 | $290.7M | SPYM, QQQM, RWL, IWF, IDEQ |
| Q4 2025 | 92 | $282.2M | SPYM, QQQM, RWL, IWF, JAAA |
| Q3 2025 | 91 | $271.4M | SPYM, QQQM, RWL, IWF, JAAA |
| Q2 2025 | 87 | $241.7M | SPYM, QQQM, RWL, IWF, JAAA |
| Q1 2025 | 87 | $219.3M | SPYM, QQQM, RWL, JAAA, IWF |
| Q4 2024 | 82 | $222.1M | SPYM, QQQM, RWL, IWF, AAPL |
| Q3 2024 | 87 | $216.0M | SPYM, QQQM, RWL, IWF, AAPL |
| Q2 2024 | 83 | $199.6M | SPYM, QQQM, RWL, IWF, AAPL |
| Q1 2024 | 80 | $195.9M | SPYM, QQQM, RWL, IWF, RDVY |