Elk River Wealth Management LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 11, 2025), Elk River Wealth Management LLC reported 98 stock positions worth $581.2 million. Its top holding was SS SPDR S&P Dividend ETF (SDY) at 9.6% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 6.2%) and iShares Core S&P Small-Cap E (IJR, 6.2%). Compared with Q1 2025, it opened 6 new positions, sold out of 1, added to 12 and reduced 48. The biggest buy was SS Health Care Select Sector (XLV, shares +667%) and the biggest sale Unitedhealth (UNH, shares −78%).

Most Recent 13F
Q2 2026
Location
DENVER, CO
CIK
0001844107
Portfolio Value
$581.2M (Q2 2025)
SEC Filing
0001951757-25-000614 ↗ filed Jul 11, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $491.7M Q1 2024 Q2 2024: $511.0M Q2 2024 Q3 2024: $549.8M Q3 2024 Q4 2024: $552.3M Q4 2024 Q1 2025: $534.2M Q1 2025 Q2 2025: $581.2M $581.2M Q2 2025 Q3 2025: $623.9M Q3 2025 Q4 2025: $622.0M Q4 2025 Q1 2026: $602.2M Q1 2026 Q2 2026: $627.7M Q2 2026

Holdings 98 stocks · $581.2M
SDY SS SPDR S&P Dividend ETF 9.65% 413,123 $56.1M Add +0.6%
RSP Invesco S&P 500 Equal Weight 6.17% 197,355 $35.9M Add +0.5%
IJR iShares Core S&P Small-Cap E 6.16% 327,502 $35.8M Add +1.6%
IVV iShares Core S&P 500 ETF 5.45% 51,050 $31.7M Add +0.1%
AVGO Broadcom Inc. 5.02% 105,898 $29.2M Reduce -1.2%
JIRE JPMorgan Int Res Enh Eqty 4.48% 368,118 $26.1M Add +0.8%
MSFT Microsoft Corp. 4.46% 52,153 $25.9M Reduce -0.8%
AAPL Apple Inc. 3.70% 104,950 $21.5M Reduce -0.4%
VLUE iShares MSCI USA Value Facto 3.37% 173,169 $19.6M Add +0.7%
GOOGL Alphabet Inc. Class A 2.92% 96,464 $17.0M Reduce -1.0%
AMZN Amazon.com Inc. 2.85% 75,432 $16.5M Reduce -0.8%
COST Costco Wholesale Corp. 2.64% 15,489 $15.3M Reduce -0.8%
MA Mastercard Inc. Class A 2.41% 24,904 $14.0M Reduce -0.7%
JPM JPMorgan Chase & Co. 2.19% 43,946 $12.7M Reduce -0.8%
INTU Intuit Inc. 1.88% 13,896 $10.9M Reduce -1.5%
APH Amphenol Corp. Class A 1.87% 109,890 $10.9M Reduce -1.8%
PANW Palo Alto Networks Inc. 1.84% 52,121 $10.7M Reduce -1.6%
ORLY O'reilly Automotive Inc. 1.66% 106,823 $9.6M Reduce -0.1%
PHM Pultegroup Inc. 1.52% 83,500 $8.8M Reduce -1.3%
NVDA Nvidia Corp. 1.37% 50,561 $8.0M Reduce -2.2%
HON Honeywell International Inc. 1.34% 33,326 $7.8M Reduce -1.0%
LHX L3HARRIS Technologies Inc. 1.33% 30,911 $7.8M Reduce -0.7%
XOM Exxon Mobil Corp. 1.29% 69,455 $7.5M Reduce -1.0%
ICE Intercontinental Exchange Inc. 1.23% 38,995 $7.2M Reduce -0.8%
UBND Victoryshares Core Plus Bond 1.22% 325,319 $7.1M Reduce -1.9%
MS Morgan Stanley 1.20% 49,662 $7.0M Reduce -1.1%
HQY Healthequity Inc. 1.17% 64,959 $6.8M Reduce -1.3%
LLY Eli Lilly & Co. 1.16% 8,638 $6.7M Reduce -0.8%
TXN Texas Instruments Inc. 1.15% 32,081 $6.7M Reduce -2.3%
LOW Lowe's Cos Inc. 1.06% 27,702 $6.1M Reduce -0.7%
ACN Accenture PLC Class A 1.02% 19,826 $5.9M Reduce -0.6%
MNST Monster Beverage Corp. 0.89% 82,689 $5.2M Reduce -0.1%
XLV SS Health Care Select Sector 0.80% 34,663 $4.7M Add +666.9%
UNP Union Pacific Corp. 0.80% 20,183 $4.6M Reduce -0.7%
ZTS Zoetis Inc. 0.79% 29,337 $4.6M Reduce -1.1%
BLK BlackRock Inc. 0.77% 4,247 $4.5M Reduce -0.5%
TXT Textron Inc. 0.74% 53,766 $4.3M Reduce -2.6%
IWB iShares Russell 1000 ETF 0.73% 12,515 $4.2M Reduce -0.4%
ECL Ecolab Inc. 0.71% 15,213 $4.1M Reduce -1.0%
CMG Chipotle Mexican Grill Inc. 0.67% 69,084 $3.9M Reduce -0.1%
TMO Thermo Fisher Scientific Inc. 0.66% 9,497 $3.9M Reduce -2.5%
GS Goldman Sachs Group Inc. 0.65% 5,356 $3.8M Add +5.6%
XLK SS Technology Select Sector 0.65% 14,861 $3.8M Add +4.1%
CHD Church & Dwight Co. Inc. 0.57% 34,255 $3.3M Reduce -1.3%
UBER Uber Technologies Inc. 0.55% 34,564 $3.2M New
QUAL iShares MSCI USA Quality Fac 0.45% 14,450 $2.6M Reduce -3.8%
USTB Victoryshares Short-Term Bon 0.31% 35,978 $1.8M Reduce -1.2%
UNH Unitedhealth Group Inc. 0.20% 3,804 $1.2M Reduce -77.6%
PG The Procter & Gamble Co. 0.19% 7,018 $1.1M No change
BRK.B Berkshire Hathaway Inc. Class B 0.18% 2,110 $1.0M No change
GOOG Alphabet Inc. Class C 0.18% 5,773 $1.0M Reduce -0.1%
V Visa Inc. Class A 0.17% 2,724 $967K No change
ABBV Abbvie Inc. 0.17% 5,210 $967K Reduce -3.4%
PHO Invesco Water Resources ETF 0.15% 12,625 $883K No change
CVX Chevron Corp. 0.14% 5,792 $829K No change
JNJ Johnson & Johnson 0.14% 5,166 $789K No change
RTX RTX Corp. 0.13% 5,005 $731K No change
ABT Abbott Laboratories 0.13% 5,362 $729K New
KO The Coca-Cola Co. 0.12% 9,900 $705K No change
IJH iShares Core S&P Midcap ETF 0.11% 10,504 $651K Reduce -0.1%
VOO Vanguard S&P 500 ETF 0.11% 1,099 $626K No change
BOKF Bok Financial Corporation 0.11% 6,349 $620K Add +12.3%
CDNS Cadence Design SYS Inc. 0.11% 1,984 $611K No change
KLAC KLA Corp. 0.10% 644 $577K No change
DHS Wisdomtree US High Dividend 0.10% 5,782 $555K Reduce -0.6%
DASH DoorDash Inc. Class A 0.10% 2,250 $555K No change
VB Vanguard Most SM-Cap ETF-Usd 0.09% 2,295 $546K Reduce -0.2%
HD Home Depot Inc. 0.09% 1,472 $540K Add +0.1%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.09% 6,594 $532K Add +29.0%
BNDX Vanguard Total Intl Bond ETF 0.09% 10,589 $524K No change
ITW Illinois Tool Works 0.08% 1,984 $494K No change
PFE Pfizer Inc. 0.08% 18,872 $457K No change
MMM 3M Co. 0.08% 2,959 $450K No change
MSCI MSCI Inc. 0.08% 773 $446K No change
COF Capital One Financial Corp. 0.07% 2,000 $426K No change
YUM Yum! Brands Inc. 0.07% 2,860 $424K No change
IWF iShares Russell 1000 Growth 0.07% 901 $383K No change
PM Philip Morris International 0.06% 2,000 $367K No change
PGC Peapack Gladstone Finl Corp. 0.06% 12,900 $364K Reduce -7.2%
DVY iShares Select Dividend ETF 0.06% 2,471 $328K No change
IWD iShares Russell 1000 Value E 0.06% 1,680 $326K Reduce -2.7%
HACK Amplify Cybersecurity ETF 0.05% 3,500 $302K No change
CAT Caterpillar Inc. 0.05% 750 $291K No change
CSCO Cisco Systems Inc. 0.05% 3,993 $277K No change
IWM iShares Russell 2000 ETF 0.04% 1,202 $259K Reduce -41.8%
IBB iShares Biotechnology ETF 0.04% 2,000 $253K No change
CFR Cullen/Frost Bankers Inc. 0.04% 1,963 $252K No change
NVS Novartis AG-Sponsored ADR 0.04% 2,060 $249K No change
CRM Salesforce Inc. 0.04% 897 $245K No change
FDN First Trust DJ Internet Ind 0.04% 900 $242K New
EFA iShares MSCI Eafe ETF 0.04% 2,675 $239K No change
ORCL Oracle Corp. 0.04% 1,078 $236K New
WFC Wells Fargo & Co. 0.04% 2,800 $224K No change
PEP Pepsico Inc. 0.04% 1,690 $223K Reduce -23.3%
BSX Boston Scientific Corp. 0.04% 2,000 $215K No change
VEA Vanguard Ftse Developed ETF 0.04% 3,734 $213K New
FTEC Fidelity MSCI Info Tech Indx 0.04% 1,076 $212K Reduce -15.7%
DFAC Dimensional US Core Equity 2 0.03% 5,661 $203K New

Portfolio Sells Q1 2025 → Q2 2025
UNH Unitedhealth Group Inc. Reduce -77.6% 0.20% −1.46
AAPL Apple Inc. Reduce -0.4% 3.70% −0.68
ULTA Ulta Beauty Inc. Sold out 0.00% −0.49
XOM Exxon Mobil Corp. Reduce -1.0% 1.29% −0.27
ORLY O'reilly Automotive Inc. Reduce -0.1% 1.66% −0.26
TMO Thermo Fisher Scientific Inc. Reduce -2.5% 0.66% −0.24
LLY Eli Lilly & Co. Reduce -0.8% 1.16% −0.19
MA Mastercard Inc. Class A Reduce -0.7% 2.41% −0.17
LOW Lowe's Cos Inc. Reduce -0.7% 1.06% −0.16
CHD Church & Dwight Co. Inc. Reduce -1.3% 0.57% −0.15
ACN Accenture PLC Class A Reduce -0.6% 1.02% −0.15
UBND Victoryshares Core Plus Bond Reduce -1.9% 1.22% −0.13
ZTS Zoetis Inc. Reduce -1.1% 0.79% −0.13
COST Costco Wholesale Corp. Reduce -0.8% 2.64% −0.13
PHM Pultegroup Inc. Reduce -1.3% 1.52% −0.11
UNP Union Pacific Corp. Reduce -0.7% 0.80% −0.10
ABBV Abbvie Inc. Reduce -3.4% 0.17% −0.05
ICE Intercontinental Exchange Inc. Reduce -0.8% 1.23% −0.04
IWM iShares Russell 2000 ETF Reduce -41.8% 0.04% −0.03
USTB Victoryshares Short-Term Bon Reduce -1.2% 0.31% −0.03
QUAL iShares MSCI USA Quality Fac Reduce -3.8% 0.45% −0.03
ECL Ecolab Inc. Reduce -1.0% 0.71% −0.02
PEP Pepsico Inc. Reduce -23.3% 0.04% −0.02
MNST Monster Beverage Corp. Reduce -0.1% 0.89% −0.02
DHS Wisdomtree US High Dividend Reduce -0.6% 0.10% −0.01
PGC Peapack Gladstone Finl Corp. Reduce -7.2% 0.06% −0.01
IWD iShares Russell 1000 Value E Reduce -2.7% 0.06% −0.00
TXT Textron Inc. Reduce -2.6% 0.74% −0.00
IJH iShares Core S&P Midcap ETF Reduce -0.1% 0.11% −0.00
FTEC Fidelity MSCI Info Tech Indx Reduce -15.7% 0.04% −0.00
VB Vanguard Most SM-Cap ETF-Usd Reduce -0.2% 0.09% −0.00
HON Honeywell International Inc. Reduce -1.0% 1.34% +0.00
GOOG Alphabet Inc. Class C Reduce -0.1% 0.18% +0.01
IWB iShares Russell 1000 ETF Reduce -0.4% 0.73% +0.01
BLK BlackRock Inc. Reduce -0.5% 0.77% +0.01
CMG Chipotle Mexican Grill Inc. Reduce -0.1% 0.67% +0.02
TXN Texas Instruments Inc. Reduce -2.3% 1.15% +0.04
HQY Healthequity Inc. Reduce -1.3% 1.17% +0.08
GOOGL Alphabet Inc. Class A Reduce -1.0% 2.92% +0.10
MS Morgan Stanley Reduce -1.1% 1.20% +0.11
LHX L3HARRIS Technologies Inc. Reduce -0.7% 1.33% +0.11
AMZN Amazon.com Inc. Reduce -0.8% 2.85% +0.14
PANW Palo Alto Networks Inc. Reduce -1.6% 1.84% +0.14
JPM JPMorgan Chase & Co. Reduce -0.8% 2.19% +0.16
INTU Intuit Inc. Reduce -1.5% 1.88% +0.26
NVDA Nvidia Corp. Reduce -2.2% 1.37% +0.33
APH Amphenol Corp. Class A Reduce -1.8% 1.87% +0.49
MSFT Microsoft Corp. Reduce -0.8% 4.46% +0.77
AVGO Broadcom Inc. Reduce -1.2% 5.02% +1.66

Portfolio Buys Q1 2025 → Q2 2025
XLV SS Health Care Select Sector Add +666.9% 0.80% +0.68
UBER Uber Technologies Inc. New 0.55% +0.55
GS Goldman Sachs Group Inc. Add +5.6% 0.65% +0.13
JIRE JPMorgan Int Res Enh Eqty Add +0.8% 4.48% +0.13
ABT Abbott Laboratories New 0.13% +0.13
XLK SS Technology Select Sector Add +4.1% 0.65% +0.10
IVV iShares Core S&P 500 ETF Add +0.1% 5.45% +0.09
FDN First Trust DJ Internet Ind New 0.04% +0.04
ORCL Oracle Corp. New 0.04% +0.04
VEA Vanguard Ftse Developed ETF New 0.04% +0.04
DFAC Dimensional US Core Equity 2 New 0.03% +0.03
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +29.0% 0.09% +0.02
BOKF Bok Financial Corporation Add +12.3% 0.11% −0.00
HD Home Depot Inc. Add +0.1% 0.09% −0.01
VLUE iShares MSCI USA Value Facto Add +0.7% 3.37% −0.06
IJR iShares Core S&P Small-Cap E Add +1.6% 6.16% −0.15
RSP Invesco S&P 500 Equal Weight Add +0.5% 6.17% −0.20
SDY SS SPDR S&P Dividend ETF Add +0.6% 9.65% −0.78

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 103$627.7MSDY, IJR, RSP, IVV, GOOGL
Q1 2026 99$602.2MSDY, IJR, RSP, IVV, JIRE
Q4 2025 103$622.0MSDY, IJR, RSP, IVV, GOOGL
Q3 2025 101$623.9MSDY, IJR, RSP, IVV, AVGO
Q2 2025 98$581.2MSDY, RSP, IJR, IVV, AVGO
Q1 2025 93$534.2MSDY, RSP, IJR, IVV, AAPL
Q4 2024 99$552.3MSDY, IJR, RSP, IVV, AAPL
Q3 2024 97$549.8MSDY, IJR, RSP, IVV, AAPL
Q2 2024 93$511.0MSDY, IJR, RSP, IVV, MSFT
Q1 2024 97$491.7MSDY, IJR, RSP, IVV, MSFT