First Western Trust Bank

Name: First Western Trust Bank 13F holdings, Q2 2025
Creator: First Western Trust Bank
Published: 2025-08-08

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), First Western Trust Bank reported 194 stock positions worth $2.2 billion. Its top holding was Stryker (SYK) at 57.9% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 6.8%) and iShares Russell Mid-Cap ETF (IWR, 4.8%). Compared with Q1 2025, it opened 13 new positions, sold out of 8, added to 30 and reduced 96. The biggest buy was Nvidia (NVDA, shares +53%) and the biggest sale Stryker (SYK, shares −0%).

Most Recent 13F: Q2 2026
Location: Denver, CO
CIK: 0001513189
Portfolio Value: $2.2B (Q2 2025)
SEC Filing: 0001513189-25-000018 ↗ filed Aug 8, 2025

Holdings Value

Holdings 194 stocks · $2.2B


SYK Stryker Corp.	57.90%	3,254,658	$1.3B	Reduce -0.0%
VOO Vanguard S&P 500 ETF	6.76%	264,651	$150.3M	Reduce -4.3%
IWR iShares Russell Mid-Cap ETF	4.77%	1,153,332	$106.1M	Reduce -1.9%
SPY SS SPDR S&P 500 ETF Trust-US	3.49%	125,516	$77.6M	Add +2.8%
RSP Invesco S&P 500 Equal Weight	2.67%	326,390	$59.3M	Add +3.9%
IWM iShares Russell 2000 ETF	2.32%	238,581	$51.5M	Reduce -1.1%
VTI VG Morningstar TS MKT ETF-US	1.84%	134,895	$41.0M	Reduce -0.0%
VEA Vanguard Ftse Developed ETF	1.62%	631,370	$36.0M	Reduce -2.8%
MSFT Microsoft Corp.	1.12%	50,014	$24.9M	Reduce -3.5%
AAPL Apple Inc.	1.07%	115,690	$23.7M	Add +3.2%
WWD Woodward Inc.	0.71%	64,004	$15.7M	Reduce -5.8%
IJH iShares Core S&P Midcap ETF	0.58%	208,745	$12.9M	Add +16.1%
JPM JPMorgan Chase & Co.	0.57%	43,912	$12.7M	Reduce -1.5%
GOOGL Alphabet Inc. Class A	0.53%	66,627	$11.7M	Reduce -5.1%
COST Costco Wholesale Corp.	0.51%	11,500	$11.4M	Reduce -2.8%
V Visa Inc. Class A	0.49%	30,795	$10.9M	Reduce -1.8%
NVDA Nvidia Corp.	0.42%	59,217	$9.4M	Add +53.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.41%	73,764	$9.1M	Reduce -2.8%
ORCL Oracle Corp.	0.39%	39,575	$8.7M	Reduce -46.5%
VTWO Vanguard Russell 2000 ETF	0.35%	90,438	$7.9M	Add +26.0%
MCD McDonald's Corp.	0.35%	26,502	$7.7M	Reduce -3.0%
HD Home Depot Inc.	0.32%	19,705	$7.2M	Reduce -4.3%
TXN Texas Instruments Inc.	0.31%	33,213	$6.9M	Reduce -3.8%
IWF iShares Russell 1000 Growth	0.31%	16,068	$6.8M	Reduce -6.8%
EFA iShares MSCI Eafe ETF	0.30%	75,595	$6.8M	Reduce -1.1%
INTU Intuit Inc.	0.29%	8,089	$6.4M	Reduce -0.7%
ABT Abbott Laboratories	0.25%	41,161	$5.6M	Reduce -2.5%
GILD Gilead Sciences Inc.	0.25%	50,402	$5.6M	Reduce -2.3%
ECL Ecolab Inc.	0.25%	20,592	$5.5M	Reduce -3.0%
FISV Fiserv Inc.	0.23%	30,086	$5.2M	Reduce -3.9%
ACN Accenture PLC Class A	0.23%	16,912	$5.1M	Reduce -6.4%
ROP Roper Technologies Inc.	0.22%	8,607	$4.9M	Reduce -3.6%
VENU Venu Holding Corp. filed as VENU HLDG CORP	0.21%	400,120	$4.7M	Reduce -30.7%
HON Honeywell International Inc.	0.21%	20,086	$4.7M	Reduce -2.8%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.20%	133,920	$4.5M	Reduce -3.9%
KDP Keurig Dr Pepper Inc.	0.20%	132,096	$4.4M	Reduce -2.5%
BLK BlackRock Inc.	0.19%	4,074	$4.3M	Reduce -2.0%
ICE Intercontinental Exchange Inc.	0.19%	23,155	$4.2M	Reduce -1.6%
SPGI S&P Global Inc.	0.19%	8,044	$4.2M	Reduce -2.1%
MAR Marriott International Class A	0.19%	15,174	$4.1M	Reduce -4.5%
DHR Danaher Corp.	0.18%	20,257	$4.0M	Reduce -4.3%
VWO Vanguard Ftse Emerging Marke	0.17%	77,957	$3.9M	Add +0.4%
TMO Thermo Fisher Scientific Inc.	0.17%	9,467	$3.8M	Reduce -7.8%
DFAS Dimensional US Small Cap ETF	0.17%	59,032	$3.8M	Reduce -1.1%
AMT American Tower Corp.	0.16%	16,382	$3.6M	Reduce -1.0%
IJR iShares Core S&P Small-Cap E	0.16%	32,045	$3.5M	Add +0.2%
BRK.B Berkshire Hathaway Inc. Class B	0.15%	7,048	$3.4M	Reduce -4.5%
IVV iShares Core S&P 500 ETF	0.15%	5,352	$3.3M	Reduce -3.5%
IWB iShares Russell 1000 ETF	0.14%	9,472	$3.2M	Reduce -4.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.14%	25,086	$3.1M	Reduce -1.9%
GE General Electric filed as GE AEROSPACE	0.13%	11,182	$2.9M	Add +16.8%
JNJ Johnson & Johnson	0.13%	18,834	$2.9M	Reduce -0.8%
IVW iShares S&P 500 Growth ETF	0.13%	25,966	$2.9M	No change
LHX L3HARRIS Technologies Inc.	0.12%	11,003	$2.8M	Reduce -3.1%
KO The Coca-Cola Co.	0.12%	37,650	$2.7M	Add +2.2%
NEE Nextera Energy Inc.	0.12%	37,425	$2.6M	Reduce -4.4%
MYFW First Western Financial Inc.	0.11%	112,665	$2.5M	Add +0.4%
EMR Emerson Electric Co.	0.11%	17,547	$2.3M	Reduce -0.0%
WMT Walmart Inc.	0.10%	21,860	$2.1M	Reduce -1.7%
PG The Procter & Gamble Co.	0.10%	13,293	$2.1M	Reduce -0.1%
PEP Pepsico Inc.	0.09%	15,753	$2.1M	Reduce -3.3%
ADBE Adobe Inc.	0.09%	5,327	$2.1M	Reduce -7.7%
GOOG Alphabet Inc. Class C	0.09%	11,442	$2.0M	Reduce -1.9%
IWD iShares Russell 1000 Value E	0.09%	9,953	$1.9M	Reduce -6.5%
FTV Fortive Corp.	0.08%	35,414	$1.8M	Reduce -8.5%
KNX Knight-Swift Transportation	0.08%	40,177	$1.8M	No change
PGR Progressive Corp.	0.08%	6,291	$1.7M	Reduce -6.5%
RTX RTX Corp.	0.07%	11,101	$1.6M	Reduce -0.4%
APD Air Products & Chemicals Inc.	0.07%	5,599	$1.6M	Reduce -3.3%
BMY Bristol-Myers Squibb Co.	0.07%	33,390	$1.5M	Reduce -1.3%
GEV GE Vernova Inc.	0.07%	2,870	$1.5M	Add +16.0%
BRK.A Berkshire Hathaway Inc. Class A	0.07%	2	$1.5M	No change
PYPL PayPal Holdings Inc.	0.06%	19,424	$1.4M	Reduce -3.4%
XOM Exxon Mobil Corp.	0.06%	13,348	$1.4M	Reduce -0.4%
LMT Lockheed Martin Corp.	0.06%	2,803	$1.3M	No change
PM Philip Morris International	0.06%	6,841	$1.2M	No change
AMZN Amazon.com Inc.	0.06%	5,602	$1.2M	Reduce -5.5%
MA Mastercard Inc. Class A	0.05%	2,154	$1.2M	Reduce -0.2%
AXP American Express Co.	0.05%	3,792	$1.2M	Add +0.2%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	0.05%	14,765	$1.2M	Reduce -4.3%
XEL Xcel Energy Inc.	0.05%	17,419	$1.2M	Add +8.7%
IYW iShares Ustechnology ETF	0.05%	6,700	$1.2M	No change
ZBH Zimmer Biomet Holdings Inc.	0.05%	12,636	$1.2M	Reduce -0.1%
PFE Pfizer Inc.	0.05%	45,621	$1.1M	Add +102.6%
AVGO Broadcom Inc.	0.05%	3,969	$1.1M	Add +4.9%
ETN Eaton Corp. PLC	0.05%	2,938	$1.0M	Add +0.3%
META Meta Platforms Inc. Class A	0.05%	1,406	$1.0M	Reduce -4.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.04%	3,363	$991K	Reduce -6.6%
VNQ Vanguard Real Estate ETF	0.04%	10,669	$950K	No change
LLY Eli Lilly & Co.	0.04%	1,203	$938K	Reduce -14.1%
CI The Cigna Group	0.04%	2,818	$932K	No change
BF.B Brown-Forman Corp. Class B	0.04%	34,223	$921K	New
SCZ iShares MSCI Eafe Small-Cap	0.04%	12,538	$911K	No change
ABBV Abbvie Inc.	0.04%	4,875	$905K	Reduce -1.6%
TDG Transdigm Group Inc.	0.04%	560	$852K	Reduce -1.9%
ADP Automatic Data Processing	0.04%	2,739	$845K	No change
DFIV Dimensional International Va	0.04%	19,497	$835K	No change
IWP iShares Russell Mid-Cap Grow	0.04%	5,820	$807K	Reduce -1.3%
MMM 3M Co.	0.04%	5,197	$791K	Reduce -0.2%
EIX Edison International	0.03%	14,556	$751K	Add +2.8%

Show all 194 holdings

Portfolio Sells Q1 2025 → Q2 2025


SYK Stryker Corp.	Reduce -0.0%	57.90%	−0.12
ORCL Oracle Corp.	Reduce -46.5%	0.39%	−0.11
FISV Fiserv Inc.	Reduce -3.9%	0.23%	−0.10
SLB SLB Ltd.	Reduce -3.9%	0.20%	−0.08
TMO Thermo Fisher Scientific Inc.	Reduce -7.8%	0.17%	−0.07
MCD McDonald's Corp.	Reduce -3.0%	0.35%	−0.06
FTV Fortive Corp.	Reduce -8.5%	0.08%	−0.05
EWG iShares MSCI Germany ETF	Sold out	0.00%	−0.05
VENU Venu Holding Corp.	Reduce -30.7%	0.21%	−0.04
VOO Vanguard S&P 500 ETF	Reduce -4.3%	6.76%	−0.04
ACN Accenture PLC Class A	Reduce -6.4%	0.23%	−0.04
HD Home Depot Inc.	Reduce -4.3%	0.32%	−0.04
V Visa Inc. Class A	Reduce -1.8%	0.49%	−0.03
BRK.B Berkshire Hathaway Inc. Class B	Reduce -4.5%	0.15%	−0.03
TJX TJX Companies Inc.	Reduce -2.8%	0.41%	−0.03
ROP Roper Technologies Inc.	Reduce -3.6%	0.22%	−0.03
BMY Bristol-Myers Squibb Co.	Reduce -1.3%	0.07%	−0.03
DHR Danaher Corp.	Reduce -4.3%	0.18%	−0.03
GILD Gilead Sciences Inc.	Reduce -2.3%	0.25%	−0.03
KDP Keurig Dr Pepper Inc.	Reduce -2.5%	0.20%	−0.03
COST Costco Wholesale Corp.	Reduce -2.8%	0.51%	−0.02
PEP Pepsico Inc.	Reduce -3.3%	0.09%	−0.02
JNJ Johnson & Johnson	Reduce -0.8%	0.13%	−0.02
IWR iShares Russell Mid-Cap ETF	Reduce -1.9%	4.77%	−0.02
ZBH Zimmer Biomet Holdings Inc.	Reduce -0.1%	0.05%	−0.02
DFS Discover Financial Services	Sold out	0.00%	−0.02
ABT Abbott Laboratories	Reduce -2.5%	0.25%	−0.02
NEE Nextera Energy Inc.	Reduce -4.4%	0.12%	−0.02
PGR Progressive Corp.	Reduce -6.5%	0.08%	−0.02
PG The Procter & Gamble Co.	Reduce -0.1%	0.10%	−0.01
ADBE Adobe Inc.	Reduce -7.7%	0.09%	−0.01
FNDX Schwab Fndmntl US LRG Co. ETF	Sold out	0.00%	−0.01
LLY Eli Lilly & Co.	Reduce -14.1%	0.04%	−0.01
XOM Exxon Mobil Corp.	Reduce -0.4%	0.06%	−0.01
XLF SS Financial Select Sector	Sold out	0.00%	−0.01
APD Air Products & Chemicals Inc.	Reduce -3.3%	0.07%	−0.01
BA The Boeing Co.	Sold out	0.00%	−0.01
TRV The Travelers Cos Inc.	Sold out	0.00%	−0.01
TTEK Tetra Tech Inc.	Sold out	0.00%	−0.01
TGT Target Corp.	Sold out	0.00%	−0.01
AMT American Tower Corp.	Reduce -1.0%	0.16%	−0.01
CVX Chevron Corp.	Reduce -6.2%	0.03%	−0.01
SPGI S&P Global Inc.	Reduce -2.1%	0.19%	−0.01
ABBV Abbvie Inc.	Reduce -1.6%	0.04%	−0.01
IWD iShares Russell 1000 Value E	Reduce -6.5%	0.09%	−0.01
ECL Ecolab Inc.	Reduce -3.0%	0.25%	−0.01
MRK Merck & Co. Inc.	Reduce -5.9%	0.03%	−0.01
MCK McKesson Corp.	Reduce -20.1%	0.02%	−0.01
ELV Elevance Health Inc.	Reduce -3.2%	0.02%	−0.00
ITW Illinois Tool Works	Reduce -17.7%	0.01%	−0.00

Portfolio Buys Q1 2025 → Q2 2025


NVDA Nvidia Corp.	Add +53.4%	0.42%	+0.22
SPY SS SPDR S&P 500 ETF Trust-US	Add +2.8%	3.49%	+0.22
IJH iShares Core S&P Midcap ETF	Add +16.1%	0.58%	+0.08
VTWO Vanguard Russell 2000 ETF	Add +26.0%	0.35%	+0.08
RSP Invesco S&P 500 Equal Weight	Add +3.9%	2.67%	+0.06
BF.B Brown-Forman Corp. Class B	New	0.04%	+0.04
GE General Electric	Add +16.8%	0.13%	+0.04
GEV GE Vernova Inc.	Add +16.0%	0.07%	+0.03
PFE Pfizer Inc.	Add +102.6%	0.05%	+0.02
COF Capital One Financial Corp.	New	0.02%	+0.02
AVGO Broadcom Inc.	Add +4.9%	0.05%	+0.02
NFLX Netflix Inc.	New	0.02%	+0.02
BF.A Brown-Forman Corp. Class A	New	0.01%	+0.01
EME Emcor Group Inc.	New	0.01%	+0.01
WEC WEC Energy Group Inc.	New	0.01%	+0.01
CEG Constellation Energy	New	0.01%	+0.01
BN Brookfield Corp.	New	0.01%	+0.01
IEMG iShares Core MSCI Emerging	New	0.01%	+0.01
MGC Vngrd Mrngstr MG Cap ETF-Usd	New	0.01%	+0.01
AMAT Applied Materials Inc.	New	0.01%	+0.01
AXON Axon Enterprise Inc.	New	0.01%	+0.01
PANW Palo Alto Networks Inc.	New	0.01%	+0.01
ETN Eaton Corp. PLC	Add +0.3%	0.05%	+0.01
MYFW First Western Financial Inc.	Add +0.4%	0.11%	+0.01
TSLA Tesla Inc.	Add +28.3%	0.02%	+0.01
AXP American Express Co.	Add +0.2%	0.05%	+0.01
VWO Vanguard Ftse Emerging Marke	Add +0.4%	0.17%	+0.01
ADI Analog Devices Inc.	Add +0.1%	0.02%	+0.00
GIS General Mills Inc.	Add +42.2%	0.01%	+0.00
DE Deere & Co.	Add +0.7%	0.02%	+0.00
GEHC GE Healthcare Technology	Add +19.5%	0.01%	+0.00
NDSN Nordson Corp.	Add +0.8%	0.01%	+0.00
PPG PPG Industries Inc.	Add +0.3%	0.01%	−0.00
T AT&T Inc.	Add +1.1%	0.01%	−0.00
CMCSA Comcast Corp. Class A	Add +0.2%	0.01%	−0.00
XEL Xcel Energy Inc.	Add +8.7%	0.05%	−0.00
VZ Verizon Communications Inc.	Add +0.6%	0.01%	−0.00
IJR iShares Core S&P Small-Cap E	Add +0.2%	0.16%	−0.00
REGN Regeneron Pharmaceuticals	Add +6.5%	0.01%	−0.00
EIX Edison International	Add +2.8%	0.03%	−0.01
KO The Coca-Cola Co.	Add +2.2%	0.12%	−0.01
UNH Unitedhealth Group Inc.	Add +1.1%	0.02%	−0.01
AAPL Apple Inc.	Add +3.2%	1.07%	−0.13

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