Elk River Wealth Management LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 23, 2025), Elk River Wealth Management LLC reported 101 stock positions worth $623.9 million. Its top holding was SS SPDR S&P Dividend ETF (SDY) at 9.4% of the portfolio, followed by iShares Core S&P Small-Cap E (IJR, 6.4%) and Invesco S&P 500 Equal Weight (RSP, 6.0%). Compared with Q2 2025, it opened 4 new positions, sold out of 1, added to 20 and reduced 36. The biggest buy was Uber Technologies (UBER, shares +113%) and the biggest sale SS Health Care Select Sector (XLV, shares −88%).

Most Recent 13F
Q2 2026
Location
DENVER, CO
CIK
0001844107
Portfolio Value
$623.9M (Q3 2025)
SEC Filing
0001951757-25-001188 ↗ filed Oct 23, 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 Q2 2025 Q3 2025: $623.9M $623.9M Q3 2025 Q4 2025: $622.0M Q4 2025 Q1 2026: $602.2M Q1 2026 Q2 2026: $627.7M Q2 2026

Holdings 101 stocks · $623.9M
SDY SS SPDR S&P Dividend ETF 9.39% 418,417 $58.6M Add +1.3%
IJR iShares Core S&P Small-Cap E 6.37% 334,430 $39.7M Add +2.1%
RSP Invesco S&P 500 Equal Weight 6.04% 198,585 $37.7M Add +0.6%
IVV iShares Core S&P 500 ETF 5.52% 51,468 $34.4M Add +0.8%
AVGO Broadcom Inc. 4.56% 86,165 $28.4M Reduce -18.6%
JIRE JPMorgan Int Res Enh Eqty 4.38% 371,923 $27.4M Add +1.0%
MSFT Microsoft Corp. 4.29% 51,710 $26.8M Reduce -0.8%
AAPL Apple Inc. 4.25% 104,215 $26.5M Reduce -0.7%
GOOGL Alphabet Inc. Class A 3.71% 95,097 $23.1M Reduce -1.4%
VLUE iShares MSCI USA Value Facto 3.50% 174,598 $21.8M Add +0.8%
AMZN Amazon.com Inc. 2.64% 74,898 $16.4M Reduce -0.7%
COST Costco Wholesale Corp. 2.28% 15,388 $14.2M Reduce -0.7%
MA Mastercard Inc. Class A 2.27% 24,873 $14.1M Reduce -0.1%
JPM JPMorgan Chase & Co. 2.21% 43,772 $13.8M Reduce -0.4%
APH Amphenol Corp. Class A 2.16% 108,683 $13.5M Reduce -1.1%
ORLY O'reilly Automotive Inc. 1.83% 106,074 $11.4M Reduce -0.7%
PHM Pultegroup Inc. 1.75% 82,573 $10.9M Reduce -1.1%
PANW Palo Alto Networks Inc. 1.71% 52,384 $10.7M Add +0.5%
ICE Intercontinental Exchange Inc. 1.52% 56,321 $9.5M Add +44.4%
NVDA Nvidia Corp. 1.51% 50,568 $9.4M Add +0.0%
INTU Intuit Inc. 1.51% 13,803 $9.4M Reduce -0.7%
LHX L3HARRIS Technologies Inc. 1.50% 30,734 $9.4M Reduce -0.6%
XOM Exxon Mobil Corp. 1.26% 69,586 $7.8M Add +0.2%
MS Morgan Stanley 1.25% 48,912 $7.8M Reduce -1.5%
UBND Victoryshares Core Plus Bond 1.24% 352,001 $7.8M Add +8.2%
UBER Uber Technologies Inc. 1.16% 73,733 $7.2M Add +113.3%
HON Honeywell International Inc. 1.12% 33,212 $7.0M Reduce -0.3%
LOW Lowe's Cos Inc. 1.11% 27,439 $6.9M Reduce -0.9%
HQY Healthequity Inc. 0.98% 64,474 $6.1M Reduce -0.8%
LLY Eli Lilly & Co. 0.96% 7,813 $6.0M Reduce -9.6%
TXN Texas Instruments Inc. 0.94% 32,072 $5.9M Reduce -0.0%
MNST Monster Beverage Corp. 0.89% 82,282 $5.5M Reduce -0.5%
BLK BlackRock Inc. 0.78% 4,185 $4.9M Reduce -1.5%
ACN Accenture PLC Class A 0.78% 19,729 $4.9M Reduce -0.5%
GS Goldman Sachs Group Inc. 0.78% 6,105 $4.9M Add +14.0%
UNP Union Pacific Corp. 0.75% 19,753 $4.7M Reduce -2.1%
XLK SS Technology Select Sector 0.73% 16,197 $4.6M Add +9.0%
TMO Thermo Fisher Scientific Inc. 0.73% 9,345 $4.5M Reduce -1.6%
TXT Textron Inc. 0.72% 53,316 $4.5M Reduce -0.8%
IWB iShares Russell 1000 ETF 0.71% 12,205 $4.5M Reduce -2.5%
ZTS Zoetis Inc. 0.67% 28,669 $4.2M Reduce -2.3%
ECL Ecolab Inc. 0.66% 15,111 $4.1M Reduce -0.7%
GEV GE Vernova Inc. 0.52% 5,233 $3.2M New
CHD Church & Dwight Co. Inc. 0.47% 33,107 $2.9M Reduce -3.4%
QUAL iShares MSCI USA Quality Fac 0.45% 14,450 $2.8M No change
CMG Chipotle Mexican Grill Inc. 0.45% 70,840 $2.8M Add +2.5%
USTB Victoryshares Short-Term Bon 0.31% 38,110 $1.9M Add +5.9%
GOOG Alphabet Inc. Class C 0.22% 5,714 $1.4M Reduce -1.0%
UNH Unitedhealth Group Inc. 0.21% 3,804 $1.3M No change
ABBV Abbvie Inc. 0.19% 5,210 $1.2M No change
PG The Procter & Gamble Co. 0.17% 7,018 $1.1M No change
BRK.B Berkshire Hathaway Inc. Class B 0.17% 2,110 $1.1M No change
JNJ Johnson & Johnson 0.15% 5,166 $958K No change
V Visa Inc. Class A 0.15% 2,724 $930K No change
PHO Invesco Water Resources ETF 0.15% 12,625 $910K No change
CVX Chevron Corp. 0.14% 5,792 $899K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.13% 10,363 $841K Add +57.2%
RTX RTX Corp. 0.13% 5,005 $837K No change
ABT Abbott Laboratories 0.12% 5,362 $718K No change
CDNS Cadence Design SYS Inc. 0.11% 1,984 $697K No change
KLAC KLA Corp. 0.11% 644 $695K No change
IJH iShares Core S&P Midcap ETF 0.11% 10,504 $685K No change
VOO Vanguard S&P 500 ETF 0.11% 1,099 $675K No change
KO The Coca-Cola Co. 0.11% 9,900 $662K No change
VB Vanguard Most SM-Cap ETF-Usd 0.10% 2,416 $616K Add +5.3%
BOKF Bok Financial Corporation 0.10% 5,402 $602K Reduce -14.9%
HD Home Depot Inc. 0.10% 1,472 $596K No change
XLV SS Health Care Select Sector 0.09% 4,059 $565K Reduce -88.3%
DHS Wisdomtree US High Dividend 0.09% 5,495 $554K Reduce -5.0%
ITW Illinois Tool Works 0.08% 1,984 $521K No change
PFE Pfizer Inc. 0.08% 18,872 $481K No change
DASH DoorDash Inc. Class A 0.08% 1,750 $476K Reduce -22.2%
MUB iShares National Muni Bond E 0.07% 4,333 $461K New
MMM 3M Co. 0.07% 2,959 $459K No change
MSCI MSCI Inc. 0.07% 773 $439K No change
YUM Yum! Brands Inc. 0.07% 2,860 $435K No change
COF Capital One Financial Corp. 0.07% 2,000 $425K No change
IWF iShares Russell 1000 Growth 0.07% 901 $422K No change
BNDX Vanguard Total Intl Bond ETF 0.06% 8,182 $405K Reduce -22.7%
CAT Caterpillar Inc. 0.06% 750 $358K No change
PGC Peapack Gladstone Finl Corp. 0.06% 12,900 $356K No change
DVY iShares Select Dividend ETF 0.06% 2,471 $351K No change
IWD iShares Russell 1000 Value E 0.05% 1,680 $342K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.05% 509 $340K New
PM Philip Morris International 0.05% 2,000 $324K No change
IWM iShares Russell 2000 ETF 0.05% 1,291 $312K Add +7.4%
HACK Amplify Cybersecurity ETF 0.05% 3,500 $304K No change
ORCL Oracle Corp. 0.05% 1,078 $303K No change
IBB iShares Biotechnology ETF 0.05% 1,990 $287K Reduce -0.5%
CSCO Cisco Systems Inc. 0.04% 3,993 $273K No change
NVS Novartis AG-Sponsored ADR 0.04% 2,060 $264K No change
VEA Vanguard Ftse Developed ETF 0.04% 4,274 $256K Add +14.5%
FDN First Trust DJ Internet Ind 0.04% 900 $252K No change
EFA iShares MSCI Eafe ETF 0.04% 2,675 $250K No change
CFR Cullen/Frost Bankers Inc. 0.04% 1,963 $249K No change
FTEC Fidelity MSCI Info Tech Indx 0.04% 1,076 $239K No change
PEP Pepsico Inc. 0.04% 1,690 $237K No change
SITM Sitime Corp. 0.04% 785 $237K New
WFC Wells Fargo & Co. 0.04% 2,800 $235K No change
DFAC Dimensional US Core Equity 2 0.04% 5,661 $218K No change
CRM Salesforce Inc. 0.03% 897 $213K No change

Portfolio Sells Q2 2025 → Q3 2025
XLV SS Health Care Select Sector Reduce -88.3% 0.09% −0.71
AVGO Broadcom Inc. Reduce -18.6% 4.56% −0.47
INTU Intuit Inc. Reduce -0.7% 1.51% −0.37
COST Costco Wholesale Corp. Reduce -0.7% 2.28% −0.36
ACN Accenture PLC Class A Reduce -0.5% 0.78% −0.24
HON Honeywell International Inc. Reduce -0.3% 1.12% −0.21
AMZN Amazon.com Inc. Reduce -0.7% 2.64% −0.21
LLY Eli Lilly & Co. Reduce -9.6% 0.96% −0.20
TXN Texas Instruments Inc. Reduce -0.0% 0.94% −0.20
HQY Healthequity Inc. Reduce -0.8% 0.98% −0.19
MSFT Microsoft Corp. Reduce -0.8% 4.29% −0.17
MA Mastercard Inc. Class A Reduce -0.1% 2.27% −0.14
ZTS Zoetis Inc. Reduce -2.3% 0.67% −0.11
CHD Church & Dwight Co. Inc. Reduce -3.4% 0.47% −0.10
UNP Union Pacific Corp. Reduce -2.1% 0.75% −0.05
ECL Ecolab Inc. Reduce -0.7% 0.66% −0.04
BSX Boston Scientific Corp. Sold out 0.00% −0.04
BNDX Vanguard Total Intl Bond ETF Reduce -22.7% 0.06% −0.03
TXT Textron Inc. Reduce -0.8% 0.72% −0.02
DASH DoorDash Inc. Class A Reduce -22.2% 0.08% −0.02
IWB iShares Russell 1000 ETF Reduce -2.5% 0.71% −0.02
BOKF Bok Financial Corporation Reduce -14.9% 0.10% −0.01
DHS Wisdomtree US High Dividend Reduce -5.0% 0.09% −0.01
MNST Monster Beverage Corp. Reduce -0.5% 0.89% −0.00
IBB iShares Biotechnology ETF Reduce -0.5% 0.05% +0.00
BLK BlackRock Inc. Reduce -1.5% 0.78% +0.02
JPM JPMorgan Chase & Co. Reduce -0.4% 2.21% +0.02
MS Morgan Stanley Reduce -1.5% 1.25% +0.04
GOOG Alphabet Inc. Class C Reduce -1.0% 0.22% +0.05
LOW Lowe's Cos Inc. Reduce -0.9% 1.11% +0.05
TMO Thermo Fisher Scientific Inc. Reduce -1.6% 0.73% +0.06
LHX L3HARRIS Technologies Inc. Reduce -0.6% 1.50% +0.17
ORLY O'reilly Automotive Inc. Reduce -0.7% 1.83% +0.18
PHM Pultegroup Inc. Reduce -1.1% 1.75% +0.23
APH Amphenol Corp. Class A Reduce -1.1% 2.16% +0.29
AAPL Apple Inc. Reduce -0.7% 4.25% +0.55
GOOGL Alphabet Inc. Class A Reduce -1.4% 3.71% +0.78

Portfolio Buys Q2 2025 → Q3 2025
UBER Uber Technologies Inc. Add +113.3% 1.16% +0.60
GEV GE Vernova Inc. New 0.52% +0.52
ICE Intercontinental Exchange Inc. Add +44.4% 1.52% +0.29
IJR iShares Core S&P Small-Cap E Add +2.1% 6.37% +0.21
NVDA Nvidia Corp. Add +0.0% 1.51% +0.14
GS Goldman Sachs Group Inc. Add +14.0% 0.78% +0.13
VLUE iShares MSCI USA Value Facto Add +0.8% 3.50% +0.13
XLK SS Technology Select Sector Add +9.0% 0.73% +0.08
MUB iShares National Muni Bond E New 0.07% +0.07
IVV iShares Core S&P 500 ETF Add +0.8% 5.52% +0.07
SPY SS SPDR S&P 500 ETF Trust-US New 0.05% +0.05
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +57.2% 0.13% +0.04
SITM Sitime Corp. New 0.04% +0.04
UBND Victoryshares Core Plus Bond Add +8.2% 1.24% +0.02
IWM iShares Russell 2000 ETF Add +7.4% 0.05% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +5.3% 0.10% +0.00
VEA Vanguard Ftse Developed ETF Add +14.5% 0.04% +0.00
USTB Victoryshares Short-Term Bon Add +5.9% 0.31% −0.00
XOM Exxon Mobil Corp. Add +0.2% 1.26% −0.03
JIRE JPMorgan Int Res Enh Eqty Add +1.0% 4.38% −0.10
PANW Palo Alto Networks Inc. Add +0.5% 1.71% −0.13
RSP Invesco S&P 500 Equal Weight Add +0.6% 6.04% −0.13
CMG Chipotle Mexican Grill Inc. Add +2.5% 0.45% −0.22
SDY SS SPDR S&P Dividend ETF Add +1.3% 9.39% −0.26

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