First Western Trust Bank
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), First Western Trust Bank reported 196 stock positions worth $2.2 billion. Its top holding was Stryker (SYK) at 58.1% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 6.8%) and iShares Russell Mid-Cap ETF (IWR, 4.5%). Compared with Q3 2024, it opened 8 new positions, sold out of 16, added to 57 and reduced 82. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +39%) and the biggest sale an exit from iShares Ibonds Dec 2024 Term (IBTE).
- Most Recent 13F
- Q2 2026
- Location
- Denver, CO
- CIK
- 0001513189
- Portfolio Value
- $2.2B (Q4 2024)
- SEC Filing
- 0001513189-25-000009 ↗ filed Feb 13, 2025
Holdings Value
Holdings 196 stocks · $2.2B
| SYK Stryker Corp. | 58.13% | 3,495,906 | $1.3B | Reduce -0.0% |
| VOO Vanguard S&P 500 ETF | 6.82% | 274,082 | $147.7M | Reduce -11.0% |
| IWR iShares Russell Mid-Cap ETF | 4.49% | 1,100,618 | $97.3M | Reduce -4.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.08% | 113,621 | $66.6M | Reduce -1.4% |
| IWM iShares Russell 2000 ETF | 2.41% | 236,491 | $52.3M | Reduce -3.3% |
| RSP Invesco S&P 500 Equal Weight | 1.91% | 235,638 | $41.3M | Add +39.4% |
| VTI VG Morningstar TS MKT ETF-US | 1.81% | 134,895 | $39.1M | No change |
| VEA Vanguard Ftse Developed ETF | 1.53% | 690,609 | $33.0M | Reduce -4.9% |
| AAPL Apple Inc. | 1.33% | 115,349 | $28.9M | Reduce -0.1% |
| MSFT Microsoft Corp. | 1.11% | 56,827 | $24.0M | Reduce -2.8% |
| GOOGL Alphabet Inc. Class A | 0.66% | 75,914 | $14.4M | Reduce -5.0% |
| ORCL Oracle Corp. | 0.62% | 81,133 | $13.5M | Reduce -4.3% |
| IJH iShares Core S&P Midcap ETF | 0.58% | 201,667 | $12.6M | Reduce -3.5% |
| WWD Woodward Inc. | 0.54% | 70,023 | $11.7M | No change |
| COST Costco Wholesale Corp. | 0.53% | 12,620 | $11.6M | Reduce -3.0% |
| JPM JPMorgan Chase & Co. | 0.51% | 46,038 | $11.0M | Reduce -2.0% |
| V Visa Inc. Class A | 0.48% | 32,991 | $10.4M | Reduce -3.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.46% | 82,168 | $9.9M | Reduce -3.0% |
| HD Home Depot Inc. | 0.39% | 21,696 | $8.4M | Reduce -2.9% |
| MCD McDonald's Corp. | 0.39% | 28,914 | $8.4M | Reduce -1.4% |
| IWF iShares Russell 1000 Growth | 0.33% | 17,919 | $7.2M | Reduce -1.4% |
| TXN Texas Instruments Inc. | 0.33% | 37,813 | $7.1M | Reduce -4.4% |
| FISV Fiserv Inc. | 0.32% | 33,838 | $7.0M | Reduce -0.8% |
| ACN Accenture PLC Class A | 0.32% | 19,565 | $6.9M | Reduce -5.6% |
| VTWO Vanguard Russell 2000 ETF | 0.29% | 69,385 | $6.2M | Add +4.5% |
| EFA iShares MSCI Eafe ETF | 0.28% | 80,983 | $6.1M | Add +0.7% |
| TMO Thermo Fisher Scientific Inc. | 0.26% | 11,020 | $5.7M | Reduce -7.1% |
| SLB SLB Ltd. filed as SCHLUMBERGER LTD | 0.26% | 147,637 | $5.7M | Reduce -10.0% |
| INTU Intuit Inc. | 0.26% | 8,801 | $5.5M | Reduce -3.9% |
| ECL Ecolab Inc. | 0.25% | 22,987 | $5.4M | Reduce -5.2% |
| DHR Danaher Corp. | 0.25% | 23,454 | $5.4M | Reduce -6.6% |
| HON Honeywell International Inc. | 0.24% | 23,158 | $5.2M | Reduce -2.8% |
| GILD Gilead Sciences Inc. | 0.24% | 56,093 | $5.2M | Add +1.8% |
| ABT Abbott Laboratories | 0.23% | 44,799 | $5.1M | Reduce -8.9% |
| ROP Roper Technologies Inc. | 0.23% | 9,698 | $5.0M | Reduce -6.7% |
| NVDA Nvidia Corp. | 0.22% | 36,221 | $4.9M | Add +96.5% |
| MAR Marriott International Class A | 0.22% | 17,093 | $4.8M | Reduce -3.5% |
| KDP Keurig Dr Pepper Inc. | 0.21% | 143,492 | $4.6M | Reduce -13.2% |
| BLK BlackRock Inc. | 0.21% | 4,410 | $4.5M | Reduce -4.0% |
| SPGI S&P Global Inc. | 0.21% | 8,972 | $4.5M | Reduce -4.6% |
| DFAS Dimensional US Small Cap ETF | 0.18% | 60,696 | $4.0M | Add +0.7% |
| EZM Wisdomtree US Midcap Fund | 0.18% | 61,904 | $3.9M | No change |
| EES Wisdomtree US Smallcap Fund | 0.17% | 69,790 | $3.8M | No change |
| IJR iShares Core S&P Small-Cap E | 0.17% | 32,198 | $3.7M | Add +0.0% |
| ICE Intercontinental Exchange Inc. | 0.17% | 24,894 | $3.7M | Reduce -1.1% |
| VWO Vanguard Ftse Emerging Marke | 0.16% | 78,656 | $3.5M | Reduce -0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.16% | 7,449 | $3.4M | Add +55.7% |
| AMT American Tower Corp. | 0.15% | 18,290 | $3.4M | Reduce -6.6% |
| IVV iShares Core S&P 500 ETF | 0.15% | 5,563 | $3.3M | Reduce -0.5% |
| FTV Fortive Corp. | 0.15% | 43,619 | $3.3M | Reduce -3.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.15% | 29,297 | $3.3M | Add +3.1% |
| IWB iShares Russell 1000 ETF | 0.15% | 9,933 | $3.2M | Reduce -6.4% |
| ADBE Adobe Inc. | 0.14% | 6,952 | $3.1M | Reduce -5.3% |
| NEE Nextera Energy Inc. | 0.13% | 39,606 | $2.8M | Reduce -15.3% |
| JNJ Johnson & Johnson | 0.13% | 19,455 | $2.8M | Reduce -0.9% |
| PEP Pepsico Inc. | 0.13% | 17,796 | $2.7M | Add +0.1% |
| IVW iShares S&P 500 Growth ETF | 0.12% | 26,131 | $2.7M | Reduce -2.1% |
| LHX L3HARRIS Technologies Inc. | 0.12% | 12,347 | $2.6M | Reduce -12.2% |
| KO The Coca-Cola Co. | 0.11% | 36,669 | $2.3M | Add +0.2% |
| GOOG Alphabet Inc. Class C | 0.10% | 11,902 | $2.3M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.10% | 13,390 | $2.2M | Reduce -0.1% |
| MYFW First Western Financial Inc. | 0.10% | 111,675 | $2.2M | Reduce -7.1% |
| EMR Emerson Electric Co. | 0.10% | 17,549 | $2.2M | No change |
| PYPL PayPal Holdings Inc. | 0.10% | 25,413 | $2.2M | Add +5.5% |
| KNX Knight-Swift Transportation | 0.10% | 40,177 | $2.1M | Reduce -8.4% |
| IWD iShares Russell 1000 Value E | 0.09% | 10,883 | $2.0M | Reduce -23.5% |
| WMT Walmart Inc. | 0.09% | 21,869 | $2.0M | Add +0.4% |
| APD Air Products & Chemicals Inc. | 0.09% | 6,746 | $2.0M | Add +2.4% |
| BMY Bristol-Myers Squibb Co. | 0.09% | 33,844 | $1.9M | Add +0.1% |
| XOM Exxon Mobil Corp. | 0.08% | 15,752 | $1.7M | Add +8.0% |
| PGR Progressive Corp. | 0.08% | 6,871 | $1.6M | Add +9.3% |
| GE General Electric filed as GE AEROSPACE | 0.07% | 9,609 | $1.6M | Add +0.1% |
| ZBH Zimmer Biomet Holdings Inc. | 0.07% | 14,610 | $1.5M | No change |
| LMT Lockheed Martin Corp. | 0.07% | 2,920 | $1.4M | Add +0.2% |
| EWY iShares MSCI South Korea ETF | 0.06% | 26,900 | $1.4M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.06% | 2 | $1.4M | No change |
| XEL Xcel Energy Inc. | 0.06% | 19,621 | $1.3M | No change |
| AMZN Amazon.com Inc. | 0.06% | 5,904 | $1.3M | Add +1.7% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.06% | 17,002 | $1.3M | Reduce -13.3% |
| RTX RTX Corp. | 0.06% | 10,981 | $1.3M | Add +27.4% |
| MA Mastercard Inc. Class A | 0.05% | 2,186 | $1.2M | Add +0.9% |
| VNQ Vanguard Real Estate ETF | 0.05% | 12,778 | $1.1M | No change |
| AXP American Express Co. | 0.05% | 3,819 | $1.1M | Add +0.3% |
| EIX Edison International | 0.05% | 14,119 | $1.1M | New |
| LLY Eli Lilly & Co. | 0.05% | 1,409 | $1.1M | Reduce -1.7% |
| IYW iShares Ustechnology ETF | 0.05% | 6,700 | $1.1M | No change |
| MRK Merck & Co. Inc. | 0.05% | 9,815 | $976K | Add +0.7% |
| ETN Eaton Corp. PLC | 0.04% | 2,885 | $957K | Add +0.2% |
| ABBV Abbvie Inc. | 0.04% | 5,265 | $936K | Add +0.8% |
| META Meta Platforms Inc. Class A | 0.04% | 1,531 | $896K | Add +3.1% |
| EWG iShares MSCI Germany ETF | 0.04% | 27,735 | $883K | No change |
| PM Philip Morris International | 0.04% | 6,985 | $841K | Add +1.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.04% | 3,767 | $828K | Reduce -5.5% |
| DFIV Dimensional International Va | 0.04% | 23,028 | $817K | No change |
| GEV GE Vernova Inc. | 0.04% | 2,473 | $813K | Reduce -1.0% |
| ADP Automatic Data Processing | 0.04% | 2,740 | $802K | No change |
| NKE Nike Inc. Class B | 0.04% | 10,499 | $794K | Reduce -77.1% |
| SCZ iShares MSCI Eafe Small-Cap | 0.04% | 13,041 | $792K | No change |
| CI The Cigna Group | 0.04% | 2,839 | $784K | Add +0.7% |
| AVGO Broadcom Inc. | 0.04% | 3,290 | $763K | Add +1.9% |
Portfolio Sells Q3 2024 → Q4 2024
| IBTE iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −1.13 |
| VOO Vanguard S&P 500 ETF | Reduce -11.0% | 6.82% | −0.49 |
| VEA Vanguard Ftse Developed ETF | Reduce -4.9% | 1.53% | −0.20 |
| NKE Nike Inc. Class B | Reduce -77.1% | 0.04% | −0.15 |
| KDP Keurig Dr Pepper Inc. | Reduce -13.2% | 0.21% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -7.1% | 0.26% | −0.07 |
| DHR Danaher Corp. | Reduce -6.6% | 0.25% | −0.07 |
| IWR iShares Russell Mid-Cap ETF | Reduce -4.0% | 4.49% | −0.05 |
| AMT American Tower Corp. | Reduce -6.6% | 0.15% | −0.05 |
| SLB SLB Ltd. | Reduce -10.0% | 0.26% | −0.05 |
| NEE Nextera Energy Inc. | Reduce -15.3% | 0.13% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -4.4% | 0.33% | −0.04 |
| LHX L3HARRIS Technologies Inc. | Reduce -12.2% | 0.12% | −0.03 |
| ECL Ecolab Inc. | Reduce -5.2% | 0.25% | −0.03 |
| EL Estee Lauder Companies Class A | Reduce -13.3% | 0.06% | −0.03 |
| IWD iShares Russell 1000 Value E | Reduce -23.5% | 0.09% | −0.03 |
| ADBE Adobe Inc. | Reduce -5.3% | 0.14% | −0.03 |
| ROP Roper Technologies Inc. | Reduce -6.7% | 0.23% | −0.03 |
| MSFT Microsoft Corp. | Reduce -2.8% | 1.11% | −0.03 |
| ORCL Oracle Corp. | Reduce -4.3% | 0.62% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Sold out | 0.00% | −0.02 |
| ABT Abbott Laboratories | Reduce -8.9% | 0.23% | −0.02 |
| HD Home Depot Inc. | Reduce -2.9% | 0.39% | −0.02 |
| IWM iShares Russell 2000 ETF | Reduce -3.3% | 2.41% | −0.02 |
| MCD McDonald's Corp. | Reduce -1.4% | 0.39% | −0.01 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.01 |
| JNJ Johnson & Johnson | Reduce -0.9% | 0.13% | −0.01 |
| SPGI S&P Global Inc. | Reduce -4.6% | 0.21% | −0.01 |
| ACN Accenture PLC Class A | Reduce -5.6% | 0.32% | −0.01 |
| OLN Olin Corp. | Reduce -0.1% | 0.03% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.01 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.01 |
| ICE Intercontinental Exchange Inc. | Reduce -1.1% | 0.17% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -48.3% | 0.01% | −0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.01 |
| FN Fabrinet | Sold out | 0.00% | −0.01 |
| LIN Linde PLC | Sold out | 0.00% | −0.01 |
| FTV Fortive Corp. | Reduce -3.9% | 0.15% | −0.01 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.01 |
| PHM Pultegroup Inc. | Sold out | 0.00% | −0.01 |
| TXT Textron Inc. | Sold out | 0.00% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.1% | 0.16% | −0.01 |
| EEMV iShares MSCI Emg MKT Min Vol | Sold out | 0.00% | −0.01 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.01 |
| HUM Humana Inc. | Sold out | 0.00% | −0.01 |
| REGN Regeneron Pharmaceuticals | Reduce -7.6% | 0.02% | −0.01 |
| KNX Knight-Swift Transportation | Reduce -8.4% | 0.10% | −0.01 |
| TTEK Tetra Tech Inc. | Reduce -20.2% | 0.02% | −0.01 |
| MYFW First Western Financial Inc. | Reduce -7.1% | 0.10% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -1.7% | 0.05% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| RSP Invesco S&P 500 Equal Weight | Add +39.4% | 1.91% | +0.55 |
| NVDA Nvidia Corp. | Add +96.5% | 0.22% | +0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +55.7% | 0.16% | +0.06 |
| EIX Edison International | New | 0.05% | +0.05 |
| GILD Gilead Sciences Inc. | Add +1.8% | 0.24% | +0.03 |
| DIS The Walt Disney Co. | Add +3.1% | 0.15% | +0.03 |
| VTWO Vanguard Russell 2000 ETF | Add +4.5% | 0.29% | +0.02 |
| GOVT iShares US Treasury Bond ETF | New | 0.02% | +0.02 |
| PYPL PayPal Holdings Inc. | Add +5.5% | 0.10% | +0.02 |
| WMT Walmart Inc. | Add +0.4% | 0.09% | +0.01 |
| RTX RTX Corp. | Add +27.4% | 0.06% | +0.01 |
| AMZN Amazon.com Inc. | Add +1.7% | 0.06% | +0.01 |
| GS Goldman Sachs Group Inc. | New | 0.01% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.01% | +0.01 |
| AVGO Broadcom Inc. | Add +1.9% | 0.04% | +0.01 |
| COP Conocophillips | New | 0.01% | +0.01 |
| TSLA Tesla Inc. | New | 0.01% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +0.1% | 0.09% | +0.01 |
| BAC Bank of America Corp. | New | 0.01% | +0.01 |
| TRV The Travelers Cos Inc. | New | 0.01% | +0.01 |
| DFAS Dimensional US Small Cap ETF | Add +0.7% | 0.18% | +0.01 |
| AXP American Express Co. | Add +0.3% | 0.05% | +0.01 |
| ZTEN F/M 10-Year Inv G Corp. B ETF | Add +48.7% | 0.02% | +0.01 |
| MA Mastercard Inc. Class A | Add +0.9% | 0.05% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +0.9% | 0.03% | +0.00 |
| PGR Progressive Corp. | Add +9.3% | 0.08% | +0.00 |
| MCK McKesson Corp. | Add +2.0% | 0.02% | +0.00 |
| IWP iShares Russell Mid-Cap Grow | Add +2.1% | 0.03% | +0.00 |
| CARR Carrier Global Corp. | Add +30.5% | 0.03% | +0.00 |
| WFC Wells Fargo & Co. | Add +2.5% | 0.02% | +0.00 |
| OTIS Otis Worldwide Corp. | Add +31.3% | 0.02% | +0.00 |
| META Meta Platforms Inc. Class A | Add +3.1% | 0.04% | +0.00 |
| WSM Williams-Sonoma Inc. | Add +1.6% | 0.02% | +0.00 |
| CSCO Cisco Systems Inc. | Add +1.7% | 0.02% | +0.00 |
| APD Air Products & Chemicals Inc. | Add +2.4% | 0.09% | +0.00 |
| IJR iShares Core S&P Small-Cap E | Add +0.0% | 0.17% | +0.00 |
| TOWN Towne Bank | Add +0.6% | 0.03% | +0.00 |
| XOM Exxon Mobil Corp. | Add +8.0% | 0.08% | +0.00 |
| ETN Eaton Corp. PLC | Add +0.2% | 0.04% | +0.00 |
| MO Altria Group Inc. | Add +1.1% | 0.02% | +0.00 |
| PM Philip Morris International | Add +1.2% | 0.04% | +0.00 |
| CVX Chevron Corp. | Add +2.5% | 0.03% | +0.00 |
| IWO iShares Russell 2000 Growth | Add +2.6% | 0.02% | +0.00 |
| USB US Bancorp | Add +2.5% | 0.01% | +0.00 |
| WM Waste Management Inc. | Add +0.9% | 0.02% | +0.00 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +29.9% | 0.01% | +0.00 |
| SBUX Starbucks Corp. | Add +1.7% | 0.02% | −0.00 |
| CMCSA Comcast Corp. Class A | Add +2.3% | 0.01% | −0.00 |
| PPG PPG Industries Inc. | Add +0.1% | 0.01% | −0.00 |
| ADI Analog Devices Inc. | Add +0.6% | 0.02% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 215 | $2.1B | SYK, VOO, IWR, SPY, RSP |
| Q1 2026 | 205 | $2.0B | SYK, VOO, IWR, SPY, RSP |
| Q4 2025 | 197 | $2.0B | SYK, VOO, IWR, RSP, IWM |
| Q3 2025 | 191 | $2.2B | SYK, VOO, IWR, SPY, RSP |
| Q2 2025 | 194 | $2.2B | SYK, VOO, IWR, SPY, RSP |
| Q1 2025 | 189 | $2.1B | SYK, VOO, IWR, SPY, RSP |
| Q4 2024 | 196 | $2.2B | SYK, VOO, IWR, SPY, IWM |
| Q3 2024 | 204 | $2.2B | SYK, VOO, IWR, SPY, IWM |
| Q2 2024 | 197 | $2.1B | SYK, VOO, IWR, SPY, IWM |
| Q1 2024 | 209 | $2.2B | SYK, VOO, IWR, SPY, IWM |