First Western Trust Bank
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), First Western Trust Bank reported 197 stock positions worth $2.0 billion. Its top holding was Stryker (SYK) at 56.2% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 7.3%) and iShares Russell Mid-Cap ETF (IWR, 5.1%). Compared with Q3 2025, it opened 12 new positions, sold out of 6, added to 64 and reduced 83. The biggest buy was iShares MSCI Emerging Market (EEM, shares +10298%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −63%).
- Most Recent 13F
- Q2 2026
- Location
- Denver, CO
- CIK
- 0001513189
- Portfolio Value
- $2.0B (Q4 2025)
- SEC Filing
- 0001628280-26-007609 ↗ filed Feb 12, 2026
Holdings Value
Holdings 197 stocks · $2.0B
| SYK Stryker Corp. | 56.21% | 3,253,222 | $1.1B | Reduce -0.0% |
| VOO Vanguard S&P 500 ETF | 7.28% | 236,042 | $148.0M | Reduce -4.2% |
| IWR iShares Russell Mid-Cap ETF | 5.06% | 1,069,278 | $102.9M | Reduce -1.7% |
| RSP Invesco S&P 500 Equal Weight | 3.14% | 333,061 | $63.8M | Reduce -4.0% |
| IWM iShares Russell 2000 ETF | 2.87% | 236,967 | $58.3M | Reduce -1.4% |
| VEA Vanguard Ftse Developed ETF | 2.07% | 674,831 | $42.2M | Reduce -9.2% |
| AAPL Apple Inc. | 1.57% | 117,099 | $31.8M | Add +2.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.53% | 45,627 | $31.1M | Reduce -63.1% |
| MSFT Microsoft Corp. | 1.22% | 51,440 | $24.9M | Add +2.0% |
| EEM iShares MSCI Emerging Market | 1.07% | 399,185 | $21.8M | Add +10298.1% |
| GOOGL Alphabet Inc. Class A | 1.01% | 65,808 | $20.6M | Add +2.5% |
| WWD Woodward Inc. | 0.94% | 63,286 | $19.1M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 0.66% | 41,910 | $13.5M | Reduce -1.2% |
| IJH iShares Core S&P Midcap ETF | 0.63% | 193,352 | $12.8M | Reduce -2.5% |
| NVDA Nvidia Corp. | 0.55% | 59,884 | $11.2M | Add +0.9% |
| V Visa Inc. Class A | 0.54% | 31,158 | $10.9M | Add +2.8% |
| COST Costco Wholesale Corp. | 0.46% | 10,773 | $9.3M | Reduce -2.2% |
| VTWO Vanguard Russell 2000 ETF | 0.43% | 86,903 | $8.6M | Add +1.7% |
| MCD McDonald's Corp. | 0.40% | 26,343 | $8.1M | Add +2.0% |
| ORCL Oracle Corp. | 0.36% | 37,515 | $7.3M | Reduce -1.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.34% | 44,477 | $6.8M | Reduce -37.2% |
| IWF iShares Russell 1000 Growth | 0.33% | 14,114 | $6.7M | Reduce -6.4% |
| HD Home Depot Inc. | 0.33% | 19,362 | $6.7M | Add +1.6% |
| EFA iShares MSCI Eafe ETF | 0.32% | 68,811 | $6.6M | Reduce -7.0% |
| GILD Gilead Sciences Inc. | 0.29% | 48,516 | $6.0M | Reduce -1.5% |
| TXN Texas Instruments Inc. | 0.26% | 31,060 | $5.4M | Reduce -4.3% |
| TMO Thermo Fisher Scientific Inc. | 0.25% | 8,897 | $5.2M | Reduce -0.5% |
| ABT Abbott Laboratories | 0.25% | 40,762 | $5.1M | Add +4.0% |
| INTU Intuit Inc. | 0.25% | 7,637 | $5.1M | Reduce -1.4% |
| ECL Ecolab Inc. | 0.24% | 18,845 | $4.9M | Reduce -2.2% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.24% | 125,140 | $4.8M | Reduce -1.5% |
| DHR Danaher Corp. | 0.23% | 20,367 | $4.7M | Add +5.0% |
| MAR Marriott International Class A | 0.22% | 14,360 | $4.5M | Reduce -0.7% |
| GOOG Alphabet Inc. Class C | 0.21% | 13,616 | $4.3M | Add +20.7% |
| BLK BlackRock Inc. | 0.21% | 3,899 | $4.2M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 0.20% | 17,853 | $4.1M | Add +221.4% |
| JNJ Johnson & Johnson | 0.20% | 19,671 | $4.1M | Add +7.9% |
| SPGI S&P Global Inc. | 0.20% | 7,726 | $4.0M | Reduce -0.3% |
| HON Honeywell International Inc. | 0.18% | 18,775 | $3.7M | Reduce -3.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.18% | 7,266 | $3.7M | Reduce -0.1% |
| ACN Accenture PLC Class A | 0.18% | 13,595 | $3.6M | Reduce -9.7% |
| IJR iShares Core S&P Small-Cap E | 0.18% | 30,271 | $3.6M | Reduce -0.1% |
| DFAS Dimensional US Small Cap ETF | 0.18% | 51,975 | $3.6M | Reduce -6.8% |
| ICE Intercontinental Exchange Inc. | 0.17% | 21,618 | $3.5M | Reduce -1.4% |
| IWB iShares Russell 1000 ETF | 0.17% | 9,329 | $3.5M | No change |
| ROP Roper Technologies Inc. | 0.17% | 7,804 | $3.5M | Reduce -5.6% |
| VENU Venu Holding Corp. filed as VENU HLDG CORP | 0.17% | 400,120 | $3.4M | Reduce -38.5% |
| LHX L3HARRIS Technologies Inc. | 0.16% | 10,982 | $3.2M | Add +0.6% |
| GE General Electric filed as GE AEROSPACE | 0.15% | 9,602 | $3.0M | Add +0.6% |
| IVV iShares Core S&P 500 ETF | 0.14% | 4,153 | $2.8M | No change |
| NEE Nextera Energy Inc. | 0.13% | 33,450 | $2.7M | Reduce -2.0% |
| EMR Emerson Electric Co. | 0.13% | 19,507 | $2.6M | Add +11.5% |
| PEP Pepsico Inc. | 0.13% | 17,986 | $2.6M | Add +15.6% |
| AMT American Tower Corp. | 0.13% | 14,506 | $2.5M | Reduce -7.5% |
| KO The Coca-Cola Co. | 0.12% | 35,421 | $2.5M | Reduce -3.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.12% | 21,696 | $2.5M | Reduce -10.2% |
| MYFW First Western Financial Inc. | 0.12% | 91,479 | $2.5M | Reduce -16.5% |
| IVW iShares S&P 500 Growth ETF | 0.12% | 19,886 | $2.5M | No change |
| WMT Walmart Inc. | 0.12% | 21,579 | $2.4M | Add +0.9% |
| AXP American Express Co. | 0.11% | 6,060 | $2.2M | Add +60.4% |
| PG The Procter & Gamble Co. | 0.11% | 15,347 | $2.2M | Add +16.6% |
| KNX Knight-Swift Transportation | 0.10% | 40,177 | $2.1M | No change |
| RTX RTX Corp. | 0.10% | 11,038 | $2.0M | Reduce -0.1% |
| KDP Keurig Dr Pepper Inc. | 0.09% | 64,237 | $1.8M | Reduce -46.9% |
| BMY Bristol-Myers Squibb Co. | 0.09% | 32,604 | $1.8M | Reduce -0.1% |
| FTV Fortive Corp. | 0.09% | 31,426 | $1.7M | Reduce -2.2% |
| IWD iShares Russell 1000 Value E | 0.08% | 7,596 | $1.6M | Reduce -0.0% |
| GEV GE Vernova Inc. | 0.08% | 2,359 | $1.5M | Reduce -6.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.07% | 2 | $1.5M | No change |
| AVGO Broadcom Inc. | 0.07% | 4,172 | $1.4M | Add +5.4% |
| ABBV Abbvie Inc. | 0.07% | 6,208 | $1.4M | Add +25.8% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.07% | 13,480 | $1.4M | Reduce -4.6% |
| PGR Progressive Corp. | 0.07% | 6,141 | $1.4M | Add +0.5% |
| ADBE Adobe Inc. | 0.07% | 3,903 | $1.4M | Reduce -16.1% |
| IYW iShares Ustechnology ETF | 0.07% | 6,700 | $1.3M | No change |
| LLY Eli Lilly & Co. | 0.06% | 1,215 | $1.3M | Add +1.8% |
| LMT Lockheed Martin Corp. | 0.06% | 2,583 | $1.2M | Reduce -7.2% |
| JNK SS SPDR BB High Yield Bond | 0.06% | 12,820 | $1.2M | Add +0.1% |
| MA Mastercard Inc. Class A | 0.06% | 2,137 | $1.2M | Reduce -0.5% |
| XOM Exxon Mobil Corp. | 0.06% | 9,681 | $1.2M | Reduce -21.2% |
| ZBH Zimmer Biomet Holdings Inc. | 0.06% | 12,649 | $1.1M | Add +0.0% |
| PM Philip Morris International | 0.05% | 6,829 | $1.1M | Reduce -0.0% |
| XEL Xcel Energy Inc. | 0.05% | 14,705 | $1.1M | Reduce -8.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.05% | 3,323 | $984K | Add +0.1% |
| APD Air Products & Chemicals Inc. | 0.05% | 3,761 | $929K | Reduce -32.6% |
| ETN Eaton Corp. PLC | 0.04% | 2,849 | $907K | Reduce -0.5% |
| VNQ Vanguard Real Estate ETF | 0.04% | 10,175 | $900K | Reduce -4.6% |
| META Meta Platforms Inc. Class A | 0.04% | 1,353 | $893K | Add +3.8% |
| PYPL PayPal Holdings Inc. | 0.04% | 14,753 | $861K | Reduce -19.1% |
| MMM 3M Co. | 0.04% | 4,979 | $797K | Reduce -4.2% |
| QCOM Qualcomm Inc. | 0.04% | 4,548 | $778K | Add +9.9% |
| CI The Cigna Group | 0.04% | 2,806 | $772K | Reduce -0.4% |
| DFIV Dimensional International Va | 0.04% | 15,359 | $766K | Reduce -16.1% |
| SCHW Schwab (charles) Corp. | 0.04% | 7,584 | $758K | Reduce -2.5% |
| LWLG Lightwave Logic Inc. | 0.04% | 233,598 | $757K | No change |
| TDG Transdigm Group Inc. | 0.04% | 560 | $745K | No change |
| CSCO Cisco Systems Inc. | 0.04% | 9,638 | $742K | Add +59.2% |
| ADP Automatic Data Processing | 0.04% | 2,834 | $729K | Add +4.3% |
| WFC Wells Fargo & Co. | 0.04% | 7,808 | $728K | Add +61.8% |
| SCHG Schwab US Large-Cap Growth | 0.04% | 21,924 | $715K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -63.1% | 1.53% | −2.25 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -98.6% | 0.03% | −2.01 |
| VENU Venu Holding Corp. | Reduce -38.5% | 0.17% | −0.22 |
| VWO Vanguard Ftse Emerging Marke | Reduce -90.6% | 0.02% | −0.18 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.16 |
| TJX TJX Companies Inc. | Reduce -37.2% | 0.34% | −0.13 |
| ORCL Oracle Corp. | Reduce -1.1% | 0.36% | −0.13 |
| KDP Keurig Dr Pepper Inc. | Reduce -46.9% | 0.09% | −0.05 |
| APD Air Products & Chemicals Inc. | Reduce -32.6% | 0.05% | −0.02 |
| JSTC Adasina Social Justice GLB | Sold out | 0.00% | −0.02 |
| ROP Roper Technologies Inc. | Reduce -5.6% | 0.17% | −0.02 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.02 |
| WMB Williams Cos Inc. | Sold out | 0.00% | −0.01 |
| PYPL PayPal Holdings Inc. | Reduce -19.1% | 0.04% | −0.01 |
| AMT American Tower Corp. | Reduce -7.5% | 0.13% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -2.2% | 0.46% | −0.01 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | Sold out | 0.00% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -4.3% | 0.26% | −0.01 |
| ADBE Adobe Inc. | Reduce -16.1% | 0.07% | −0.01 |
| HON Honeywell International Inc. | Reduce -3.5% | 0.18% | −0.01 |
| CARR Carrier Global Corp. | Reduce -23.3% | 0.02% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -21.2% | 0.06% | −0.01 |
| XEL Xcel Energy Inc. | Reduce -8.1% | 0.05% | −0.01 |
| DIS The Walt Disney Co. | Reduce -10.2% | 0.12% | −0.01 |
| BLK BlackRock Inc. | Reduce -0.8% | 0.21% | −0.01 |
| DUK Duke Energy Corp. | Reduce -23.6% | 0.02% | −0.00 |
| ETN Eaton Corp. PLC | Reduce -0.5% | 0.04% | −0.00 |
| EIX Edison International | Reduce -24.8% | 0.03% | −0.00 |
| OTIS Otis Worldwide Corp. | Reduce -22.6% | 0.02% | −0.00 |
| OKE Oneok Inc. | Reduce -39.3% | 0.01% | −0.00 |
| OLN Olin Corp. | Reduce -0.6% | 0.02% | −0.00 |
| LMT Lockheed Martin Corp. | Reduce -7.2% | 0.06% | −0.00 |
| RBIL US Treasury Ultra Short Tips | Reduce -21.3% | 0.01% | −0.00 |
| DFIV Dimensional International Va | Reduce -16.1% | 0.04% | −0.00 |
| NKE Nike Inc. Class B | Reduce -2.1% | 0.02% | −0.00 |
| ZTEN F/M 10-Year Inv G Corp. B ETF | Reduce -11.3% | 0.02% | −0.00 |
| DFUV Dimensional US Marketwide Va | Reduce -13.1% | 0.02% | −0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -4.6% | 0.04% | −0.00 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -8.5% | 0.03% | −0.00 |
| CASY Casey's General Stores Inc. | Reduce -6.4% | 0.01% | −0.00 |
| IWS iShares Russell Mid-Cap Valu | Reduce -6.4% | 0.02% | +0.00 |
| IWP iShares Russell Mid-Cap Grow | Reduce -2.2% | 0.03% | +0.00 |
| CVX Chevron Corp. | Reduce -3.1% | 0.03% | +0.00 |
| TOWN Towne Bank | Reduce -0.8% | 0.03% | +0.00 |
| CI The Cigna Group | Reduce -0.4% | 0.04% | +0.00 |
| DVY iShares Select Dividend ETF | Reduce -0.5% | 0.01% | +0.00 |
| ECL Ecolab Inc. | Reduce -2.2% | 0.24% | +0.00 |
| WM Waste Management Inc. | Reduce -0.6% | 0.02% | +0.00 |
| NDSN Nordson Corp. | Reduce -1.4% | 0.01% | +0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| EEM iShares MSCI Emerging Market | Add +10298.1% | 1.07% | +1.06 |
| GOOGL Alphabet Inc. Class A | Add +2.5% | 1.01% | +0.30 |
| AAPL Apple Inc. | Add +2.3% | 1.57% | +0.23 |
| WWD Woodward Inc. | Add +0.1% | 0.94% | +0.21 |
| AMZN Amazon.com Inc. | Add +221.4% | 0.20% | +0.15 |
| GOOG Alphabet Inc. Class C | Add +20.7% | 0.21% | +0.08 |
| V Visa Inc. Class A | Add +2.8% | 0.54% | +0.06 |
| AXP American Express Co. | Add +60.4% | 0.11% | +0.05 |
| DHR Danaher Corp. | Add +5.0% | 0.23% | +0.05 |
| JNJ Johnson & Johnson | Add +7.9% | 0.20% | +0.04 |
| VTWO Vanguard Russell 2000 ETF | Add +1.7% | 0.43% | +0.04 |
| NVDA Nvidia Corp. | Add +0.9% | 0.55% | +0.04 |
| MCD McDonald's Corp. | Add +2.0% | 0.40% | +0.04 |
| DIA SS SPDR Dow Jones Indus Avg | New | 0.03% | +0.03 |
| PEP Pepsico Inc. | Add +15.6% | 0.13% | +0.03 |
| MSFT Microsoft Corp. | Add +2.0% | 1.22% | +0.02 |
| LLY Eli Lilly & Co. | Add +1.8% | 0.06% | +0.02 |
| PH Parker Hannifin Corp. | Add +132.3% | 0.03% | +0.02 |
| EMR Emerson Electric Co. | Add +11.5% | 0.13% | +0.02 |
| CB Chubb Ltd. | New | 0.02% | +0.02 |
| SPMO Invesco S&P 500 Momentum ETF | New | 0.02% | +0.02 |
| CSCO Cisco Systems Inc. | Add +59.2% | 0.04% | +0.02 |
| ABBV Abbvie Inc. | Add +25.8% | 0.07% | +0.02 |
| FDX FedEx Corp. | New | 0.02% | +0.02 |
| WFC Wells Fargo & Co. | Add +61.8% | 0.04% | +0.02 |
| WMT Walmart Inc. | Add +0.9% | 0.12% | +0.02 |
| PG The Procter & Gamble Co. | Add +16.6% | 0.11% | +0.02 |
| GE General Electric | Add +0.6% | 0.15% | +0.01 |
| XLK SS Technology Select Sector | Add +77.6% | 0.03% | +0.01 |
| AMGN Amgen Inc. | Add +67.2% | 0.02% | +0.01 |
| PHO Invesco Water Resources ETF | Add +80.8% | 0.03% | +0.01 |
| MU Micron Technology Inc. | New | 0.01% | +0.01 |
| VYM Vanguard High DVD Yield ETF | New | 0.01% | +0.01 |
| AVGO Broadcom Inc. | Add +5.4% | 0.07% | +0.01 |
| COWZ Pacer US Cash Cows 100 ETF | New | 0.01% | +0.01 |
| MS Morgan Stanley | New | 0.01% | +0.01 |
| ABT Abbott Laboratories | Add +4.0% | 0.25% | +0.01 |
| NTR Nutrien Ltd. | New | 0.01% | +0.01 |
| TGT Target Corp. | New | 0.01% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.01% | +0.01 |
| MDT Medtronic PLC | New | 0.01% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +30.0% | 0.02% | +0.01 |
| QCOM Qualcomm Inc. | Add +9.9% | 0.04% | +0.01 |
| LHX L3HARRIS Technologies Inc. | Add +0.6% | 0.16% | +0.01 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.05% | +0.01 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +16.9% | 0.02% | +0.01 |
| TSLA Tesla Inc. | Add +8.1% | 0.03% | +0.00 |
| ADI Analog Devices Inc. | Add +1.2% | 0.03% | +0.00 |
| AZN Astrazeneca PLC-Spons ADR | Add +3.9% | 0.02% | +0.00 |
| PFE Pfizer Inc. | Add +11.9% | 0.03% | +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 |