Elk River Wealth Management LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 6, 2026), Elk River Wealth Management LLC reported 103 stock positions worth $622.0 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, 6.1%). Compared with Q3 2025, it opened 2 new positions, added to 13 and reduced 51. The biggest buy was a new position in SS Consumer Disc Select Sect (XLY) and the biggest sale Microsoft (MSFT, shares −2%).

Most Recent 13F
Q2 2026
Location
DENVER, CO
CIK
0001844107
Portfolio Value
$622.0M (Q4 2025)
SEC Filing
0001951757-26-000383 ↗ filed Feb 6, 2026

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 Q3 2025 Q4 2025: $622.0M $622.0M Q4 2025 Q1 2026: $602.2M Q1 2026 Q2 2026: $627.7M Q2 2026

Holdings 103 stocks · $622.0M
SDY SS SPDR S&P Dividend ETF 9.40% 421,724 $58.5M Add +0.8%
IJR iShares Core S&P Small-Cap E 6.42% 333,090 $39.9M Reduce -0.4%
RSP Invesco S&P 500 Equal Weight 6.06% 197,518 $37.7M Reduce -0.5%
IVV iShares Core S&P 500 ETF 5.49% 50,092 $34.2M Reduce -2.7%
GOOGL Alphabet Inc. Class A 4.47% 88,904 $27.8M Reduce -6.5%
AVGO Broadcom Inc. 4.46% 80,225 $27.7M Reduce -6.9%
AAPL Apple Inc. 4.43% 101,536 $27.6M Reduce -2.6%
JIRE JPMorgan Int Res Enh Eqty 4.42% 368,322 $27.5M Reduce -1.0%
MSFT Microsoft Corp. 3.92% 50,498 $24.4M Reduce -2.3%
VLUE iShares MSCI USA Value Facto 3.77% 171,947 $23.4M Reduce -1.5%
AMZN Amazon.com Inc. 2.72% 733,450 $16.9M Add +879.3%
APH Amphenol Corp. Class A 2.25% 103,372 $14.0M Reduce -4.9%
JPM JPMorgan Chase & Co. 2.22% 42,857 $13.8M Reduce -2.1%
MA Mastercard Inc. Class A 2.21% 24,130 $13.8M Reduce -3.0%
COST Costco Wholesale Corp. 2.11% 15,244 $13.1M Reduce -0.9%
PHM Pultegroup Inc. 1.53% 80,904 $9.5M Reduce -2.0%
PANW Palo Alto Networks Inc. 1.51% 50,921 $9.4M Reduce -2.8%
ORLY O'reilly Automotive Inc. 1.50% 102,641 $9.4M Reduce -3.2%
NVDA Nvidia Corp. 1.48% 49,352 $9.2M Reduce -2.4%
INTU Intuit Inc. 1.44% 13,509 $8.9M Reduce -2.1%
LHX L3HARRIS Technologies Inc. 1.43% 30,308 $8.9M Reduce -1.4%
ICE Intercontinental Exchange Inc. 1.41% 54,225 $8.8M Reduce -3.7%
MS Morgan Stanley 1.35% 47,304 $8.4M Reduce -3.3%
UBND Victoryshares Core Plus Bond 1.34% 386,896 $8.3M Add +9.9%
LLY Eli Lilly & Co. 1.30% 7,521 $8.1M Reduce -3.7%
XOM Exxon Mobil Corp. 1.29% 66,663 $8.0M Reduce -4.2%
LOW Lowe's Cos Inc. 1.04% 26,756 $6.4M Reduce -2.5%
HON Honeywell International Inc. 1.02% 32,578 $6.3M Reduce -1.9%
MNST Monster Beverage Corp. 0.96% 77,927 $6.0M Reduce -5.3%
UBER Uber Technologies Inc. 0.96% 73,063 $6.0M Reduce -0.9%
HQY Healthequity Inc. 0.94% 64,089 $5.9M Reduce -0.6%
XLK SS Technology Select Sector 0.92% 39,667 $5.7M Add +22.4%
TMO Thermo Fisher Scientific Inc. 0.84% 9,044 $5.2M Reduce -3.2%
TXN Texas Instruments Inc. 0.82% 29,620 $5.1M Reduce -7.7%
GS Goldman Sachs Group Inc. 0.82% 5,828 $5.1M Reduce -4.5%
IWB iShares Russell 1000 ETF 0.73% 12,189 $4.6M Reduce -0.1%
TXT Textron Inc. 0.73% 52,132 $4.5M Reduce -2.2%
UNP Union Pacific Corp. 0.72% 19,416 $4.5M Reduce -1.7%
BLK BlackRock Inc. 0.71% 4,106 $4.4M Reduce -1.9%
ACN Accenture PLC Class A 0.63% 14,565 $3.9M Reduce -26.2%
ECL Ecolab Inc. 0.62% 14,757 $3.9M Reduce -2.3%
GEV GE Vernova Inc. 0.57% 5,436 $3.5M Add +3.9%
QUAL iShares MSCI USA Quality Fac 0.45% 14,194 $2.8M Reduce -1.8%
CHD Church & Dwight Co. Inc. 0.39% 29,338 $2.5M Reduce -11.4%
ZTS Zoetis Inc. 0.35% 17,183 $2.2M Reduce -40.1%
USTB Victoryshares Short-Term Bon 0.33% 40,869 $2.0M Add +7.2%
XLV SS Health Care Select Sector 0.30% 12,188 $1.9M Add +200.3%
XLY SS Consumer Disc Select Sect 0.28% 14,380 $1.7M New
MUB iShares National Muni Bond E 0.23% 13,324 $1.4M Add +207.5%
UNH Unitedhealth Group Inc. 0.20% 3,804 $1.3M No change
ABBV Abbvie Inc. 0.19% 5,210 $1.2M No change
GOOG Alphabet Inc. Class C 0.18% 3,633 $1.1M Reduce -36.4%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.18% 13,759 $1.1M Add +32.8%
JNJ Johnson & Johnson 0.17% 5,148 $1.1M Reduce -0.3%
BRK.B Berkshire Hathaway Inc. Class B 0.17% 2,087 $1.0M Reduce -1.1%
PG The Procter & Gamble Co. 0.16% 6,953 $996K Reduce -0.9%
V Visa Inc. Class A 0.15% 2,724 $955K No change
RTX RTX Corp. 0.15% 5,005 $918K No change
PHO Invesco Water Resources ETF 0.14% 12,625 $889K No change
CVX Chevron Corp. 0.14% 5,792 $883K No change
KLAC KLA Corp. 0.13% 644 $783K No change
CMG Chipotle Mexican Grill Inc. 0.12% 205,445 $757K Add +190.0%
BOKF Bok Financial Corporation 0.11% 5,880 $697K Add +8.8%
KO The Coca-Cola Co. 0.11% 9,900 $692K No change
VOO Vanguard S&P 500 ETF 0.11% 1,099 $689K No change
ABT Abbott Laboratories 0.11% 5,362 $672K No change
IJH iShares Core S&P Midcap ETF 0.11% 9,952 $657K Reduce -5.3%
VB Vanguard Most SM-Cap ETF-Usd 0.10% 2,416 $623K No change
CDNS Cadence Design SYS Inc. 0.10% 1,984 $620K No change
DHS Wisdomtree US High Dividend 0.09% 5,300 $540K Reduce -3.5%
HD Home Depot Inc. 0.08% 1,472 $507K No change
ITW Illinois Tool Works 0.08% 1,984 $492K No change
COF Capital One Financial Corp. 0.08% 2,000 $485K No change
MMM 3M Co. 0.08% 2,959 $474K No change
MSCI MSCI Inc. 0.07% 773 $443K No change
PFE Pfizer Inc. 0.07% 17,772 $443K Reduce -5.8%
YUM Yum! Brands Inc. 0.07% 2,860 $433K No change
CAT Caterpillar Inc. 0.07% 750 $430K No change
IWF iShares Russell 1000 Growth 0.07% 861 $408K Reduce -4.4%
DASH DoorDash Inc. Class A 0.06% 1,750 $396K No change
BNDX Vanguard Total Intl Bond ETF 0.06% 8,182 $395K No change
PGC Peapack Gladstone Finl Corp. 0.06% 12,900 $359K No change
IWD iShares Russell 1000 Value E 0.06% 1,662 $350K Reduce -1.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.06% 510 $349K Add +0.2%
DVY iShares Select Dividend ETF 0.06% 2,471 $349K No change
IBB iShares Biotechnology ETF 0.05% 1,990 $336K No change
PM Philip Morris International 0.05% 2,000 $324K No change
CSCO Cisco Systems Inc. 0.05% 3,993 $308K No change
IWM iShares Russell 2000 ETF 0.05% 1,309 $304K Add +1.4%
NVS Novartis AG-Sponsored ADR 0.05% 2,060 $284K No change
HACK Amplify Cybersecurity ETF 0.05% 3,500 $281K No change
SITM Sitime Corp. 0.04% 785 $277K No change
VEA Vanguard Ftse Developed ETF 0.04% 4,274 $267K No change
WFC Wells Fargo & Co. 0.04% 2,800 $261K No change
XLP SS Consumer Staples Sel Sect 0.04% 3,329 $259K New
EFA iShares MSCI Eafe ETF 0.04% 2,675 $257K No change
CFR Cullen/Frost Bankers Inc. 0.04% 1,963 $249K No change
PEP Pepsico Inc. 0.04% 1,690 $245K No change
CRM Salesforce Inc. 0.04% 897 $238K No change
FTEC Fidelity MSCI Info Tech Indx 0.04% 1,016 $228K Reduce -5.6%
FDN First Trust DJ Internet Ind 0.04% 840 $226K Reduce -6.7%
DFAC Dimensional US Core Equity 2 0.04% 5,661 $224K No change
ORCL Oracle Corp. 0.03% 1,078 $210K No change

Portfolio Sells Q3 2025 → Q4 2025
MSFT Microsoft Corp. Reduce -2.3% 3.92% −0.37
ORLY O'reilly Automotive Inc. Reduce -3.2% 1.50% −0.33
ZTS Zoetis Inc. Reduce -40.1% 0.35% −0.33
PHM Pultegroup Inc. Reduce -2.0% 1.53% −0.23
PANW Palo Alto Networks Inc. Reduce -2.8% 1.51% −0.20
UBER Uber Technologies Inc. Reduce -0.9% 0.96% −0.20
COST Costco Wholesale Corp. Reduce -0.9% 2.11% −0.17
ACN Accenture PLC Class A Reduce -26.2% 0.63% −0.15
TXN Texas Instruments Inc. Reduce -7.7% 0.82% −0.12
ICE Intercontinental Exchange Inc. Reduce -3.7% 1.41% −0.11
HON Honeywell International Inc. Reduce -1.9% 1.02% −0.10
AVGO Broadcom Inc. Reduce -6.9% 4.46% −0.10
BLK BlackRock Inc. Reduce -1.9% 0.71% −0.08
LHX L3HARRIS Technologies Inc. Reduce -1.4% 1.43% −0.08
INTU Intuit Inc. Reduce -2.1% 1.44% −0.07
CHD Church & Dwight Co. Inc. Reduce -11.4% 0.39% −0.07
LOW Lowe's Cos Inc. Reduce -2.5% 1.04% −0.07
MA Mastercard Inc. Class A Reduce -3.0% 2.21% −0.06
ECL Ecolab Inc. Reduce -2.3% 0.62% −0.04
GOOG Alphabet Inc. Class C Reduce -36.4% 0.18% −0.04
HQY Healthequity Inc. Reduce -0.6% 0.94% −0.04
NVDA Nvidia Corp. Reduce -2.4% 1.48% −0.03
IVV iShares Core S&P 500 ETF Reduce -2.7% 5.49% −0.03
UNP Union Pacific Corp. Reduce -1.7% 0.72% −0.03
PG The Procter & Gamble Co. Reduce -0.9% 0.16% −0.01
PFE Pfizer Inc. Reduce -5.8% 0.07% −0.01
IJH iShares Core S&P Midcap ETF Reduce -5.3% 0.11% −0.00
FDN First Trust DJ Internet Ind Reduce -6.7% 0.04% −0.00
IWF iShares Russell 1000 Growth Reduce -4.4% 0.07% −0.00
DHS Wisdomtree US High Dividend Reduce -3.5% 0.09% −0.00
FTEC Fidelity MSCI Info Tech Indx Reduce -5.6% 0.04% −0.00
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.1% 0.17% −0.00
IWD iShares Russell 1000 Value E Reduce -1.1% 0.06% +0.00
QUAL iShares MSCI USA Quality Fac Reduce -1.8% 0.45% +0.00
JPM JPMorgan Chase & Co. Reduce -2.1% 2.22% +0.00
TXT Textron Inc. Reduce -2.2% 0.73% +0.01
IWB iShares Russell 1000 ETF Reduce -0.1% 0.73% +0.02
JNJ Johnson & Johnson Reduce -0.3% 0.17% +0.02
RSP Invesco S&P 500 Equal Weight Reduce -0.5% 6.06% +0.03
XOM Exxon Mobil Corp. Reduce -4.2% 1.29% +0.03
JIRE JPMorgan Int Res Enh Eqty Reduce -1.0% 4.42% +0.04
GS Goldman Sachs Group Inc. Reduce -4.5% 0.82% +0.04
IJR iShares Core S&P Small-Cap E Reduce -0.4% 6.42% +0.05
MNST Monster Beverage Corp. Reduce -5.3% 0.96% +0.07
APH Amphenol Corp. Class A Reduce -4.9% 2.25% +0.09
MS Morgan Stanley Reduce -3.3% 1.35% +0.10
TMO Thermo Fisher Scientific Inc. Reduce -3.2% 0.84% +0.12
AAPL Apple Inc. Reduce -2.6% 4.43% +0.18
VLUE iShares MSCI USA Value Facto Reduce -1.5% 3.77% +0.27
LLY Eli Lilly & Co. Reduce -3.7% 1.30% +0.34

Portfolio Buys Q3 2025 → Q4 2025
XLY SS Consumer Disc Select Sect New 0.28% +0.28
XLV SS Health Care Select Sector Add +200.3% 0.30% +0.21
XLK SS Technology Select Sector Add +22.4% 0.92% +0.19
MUB iShares National Muni Bond E Add +207.5% 0.23% +0.16
UBND Victoryshares Core Plus Bond Add +9.9% 1.34% +0.09
AMZN Amazon.com Inc. Add +879.3% 2.72% +0.08
GEV GE Vernova Inc. Add +3.9% 0.57% +0.05
XLP SS Consumer Staples Sel Sect New 0.04% +0.04
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +32.8% 0.18% +0.04
BOKF Bok Financial Corporation Add +8.8% 0.11% +0.02
USTB Victoryshares Short-Term Bon Add +7.2% 0.33% +0.02
SDY SS SPDR S&P Dividend ETF Add +0.8% 9.40% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +0.2% 0.06% +0.00
IWM iShares Russell 2000 ETF Add +1.4% 0.05% −0.00
CMG Chipotle Mexican Grill Inc. Add +190.0% 0.12% −0.32

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