Gill Capital Partners, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 27, 2025), Gill Capital Partners, LLC reported 138 stock positions worth $327.3 million. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 6.2% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 4.8%) and Schwab US Large-Cap Growth (SCHG, 4.8%). Compared with Q2 2025, it opened 6 new positions, sold out of 13, added to 35 and reduced 67. The biggest buy was PIMCO Municipal Income FD II (PML, shares +1139%) and the biggest sale an exit from PIMCO Muni Income Fund III (XPMQX).
- Most Recent 13F
- Q3 2026
- Location
- DENVER, CO
- CIK
- 0000729563
- Portfolio Value
- $327.3M (Q3 2025)
- SEC Filing
- 0000729563-25-000009 ↗ filed Oct 27, 2025
Holdings Value
Holdings 138 stocks · $327.3M
| VUG Vanguard Mrngstar GR ETF-Sui | 6.15% | 41,990 | $20.1M | Reduce -3.0% |
| VEA Vanguard Ftse Developed ETF | 4.84% | 264,631 | $15.9M | Add +8.2% |
| SCHG Schwab US Large-Cap Growth | 4.81% | 493,182 | $15.7M | Reduce -5.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.67% | 81,931 | $15.3M | Add +5.2% |
| QQQ Invesco QQQ Trust Series 1 | 4.25% | 23,191 | $13.9M | Add +10.7% |
| KR Kroger Co. | 4.12% | 200,020 | $13.5M | No change |
| BSCT Invesco Bulletshares 2029 CB | 3.76% | 655,047 | $12.3M | Reduce -4.8% |
| SCHV Schwab US Large-Cap Value | 3.48% | 391,749 | $11.4M | Reduce -3.1% |
| BSCW Invesco Bulletshares 2032 CB | 3.32% | 521,041 | $10.9M | Reduce -0.3% |
| JAVA JPMorgan Active Value ETF | 3.10% | 147,320 | $10.2M | Add +13.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 3.09% | 34,451 | $10.1M | Add +10.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 2.20% | 28,308 | $7.2M | Add +3.4% |
| SCHF Schwab Intl Equity ETF | 2.18% | 305,915 | $7.1M | Add +8.3% |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | 2.12% | 608,317 | $6.9M | Reduce -6.6% |
| SCHA Schwab US Small-Cap ETF | 2.04% | 239,068 | $6.7M | Reduce -3.5% |
| SCHM Schwab US Mid Cap ETF | 1.99% | 219,946 | $6.5M | Add +0.9% |
| NAD Nuveen Quality Municipal Inc. | 1.94% | 543,270 | $6.4M | Reduce -8.1% |
| PAPR Innovator U.S. Equity Power | 1.84% | 156,676 | $6.0M | Reduce -1.6% |
| PAUG Innovator U.S. Equity Power | 1.80% | 138,735 | $5.9M | Add +29.4% |
| PML PIMCO Municipal Income FD II | 1.44% | 594,274 | $4.7M | Add +1138.7% |
| PJAN Innovator U.S. Equity Power | 1.43% | 101,999 | $4.7M | Reduce -9.4% |
| PDEC Innovator U.S. Equity Power | 1.38% | 107,755 | $4.5M | Reduce -5.7% |
| BSCY Invesco Bulletshares 2034 CB | 1.31% | 204,092 | $4.3M | Add +6.3% |
| BSCQ Invesco Bulletshares 2026 CB | 1.24% | 207,711 | $4.1M | Reduce -15.3% |
| CSM Proshares Large Cap Core Plu | 1.20% | 51,240 | $3.9M | Reduce -5.8% |
| PNOV Innovator U.S. Equity Power | 1.20% | 95,339 | $3.9M | Reduce -2.9% |
| AAPL Apple Inc. | 1.18% | 15,128 | $3.9M | Reduce -1.6% |
| NVDA Nvidia Corp. | 1.17% | 20,443 | $3.8M | Add +2.8% |
| MSFT Microsoft Corp. | 1.13% | 7,141 | $3.7M | Reduce -1.5% |
| PFEB Innovator U.S. Equity Power | 1.00% | 82,368 | $3.3M | Reduce -6.2% |
| SCHW Schwab (charles) Corp. | 0.99% | 34,058 | $3.3M | Reduce -0.7% |
| JEPI JPMorgan Equity Premium Inco | 0.96% | 55,295 | $3.2M | Add +8.7% |
| PDI PIMCO Dynamic Income Fund | 0.87% | 143,955 | $2.9M | Reduce -12.9% |
| BSCS Invesco Bulletshares 2028 CB | 0.86% | 137,116 | $2.8M | Reduce -7.3% |
| PMAR Innovator U.S. Equity Power | 0.83% | 62,187 | $2.7M | Reduce -2.3% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.78% | 44,652 | $2.6M | Add +8.8% |
| FPE FT-Preferred Secur & Inc. ETF | 0.72% | 128,366 | $2.3M | Reduce -1.7% |
| VWO Vanguard Ftse Emerging Marke | 0.71% | 42,648 | $2.3M | Add +9.3% |
| GOOG Alphabet Inc. Class C | 0.67% | 8,973 | $2.2M | Add +0.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.67% | 6,653 | $2.2M | Add +9.6% |
| AMZN Amazon.com Inc. | 0.65% | 9,710 | $2.1M | Add +3.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.60% | 3,922 | $2.0M | Reduce -2.8% |
| GOOGL Alphabet Inc. Class A | 0.60% | 8,100 | $2.0M | Reduce -0.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.49% | 5,254 | $1.6M | Reduce -0.7% |
| AVGO Broadcom Inc. | 0.47% | 4,687 | $1.5M | Add +2.4% |
| VGT Vanguard Info Tech ETF | 0.47% | 2,050 | $1.5M | Add +11.3% |
| PJUL Innovator U.S. Equity Power | 0.43% | 30,955 | $1.4M | Add +11.8% |
| NBB Nuveen Taxable Municipal Inc. | 0.42% | 84,272 | $1.4M | Reduce -16.2% |
| VOO Vanguard S&P 500 ETF | 0.41% | 2,196 | $1.3M | Reduce -0.9% |
| PMAY Innovator U.S. Equity Power | 0.39% | 32,558 | $1.3M | Reduce -0.2% |
| IAUG Innov in DVLP PWRB ETF - Aug | 0.37% | 43,495 | $1.2M | New |
| COST Costco Wholesale Corp. | 0.34% | 1,217 | $1.1M | Add +1.3% |
| POCT Innovator U.S. Equity Power | 0.34% | 26,044 | $1.1M | No change |
| IAPR Innovator International Deve | 0.34% | 36,842 | $1.1M | Add +4.8% |
| ZJAN Innovator Edp ETF - 1Y Jan | 0.33% | 39,719 | $1.1M | No change |
| BSCZ Invesco Bulletshares 2035 CB | 0.31% | 49,148 | $1.0M | New |
| KJUL Innovator U.S. Small Cap Pow | 0.31% | 32,416 | $1.0M | No change |
| SHOP Shopify Inc. Class A | 0.27% | 5,944 | $883K | Add +1.6% |
| EJAN Innovator Emerging Markets P | 0.26% | 25,974 | $863K | No change |
| IVV iShares Core S&P 500 ETF | 0.26% | 1,270 | $850K | Add +0.1% |
| BSCP Invesco Bulletshares 2025 CB | 0.25% | 39,135 | $810K | Reduce -6.6% |
| FMN Federated Herm Prem Muni Inc. | 0.25% | 72,793 | $804K | Reduce -18.7% |
| META Meta Platforms Inc. Class A | 0.24% | 1,054 | $774K | Add +5.0% |
| TJAN Inv E D PRT ETF - 2Y T JAN27 | 0.23% | 28,254 | $764K | No change |
| PJUN Innovator U.S. Equity Power | 0.22% | 17,590 | $724K | Reduce -9.4% |
| BMAY Innovator U.S. Equity Buffer | 0.20% | 14,835 | $650K | No change |
| JFR Nuveen Floating Rate Income | 0.20% | 78,487 | $642K | Reduce -18.0% |
| ORCL Oracle Corp. | 0.18% | 2,061 | $580K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.17% | 840 | $560K | Add +5.4% |
| NET Cloudflare Inc. Class A | 0.17% | 2,544 | $546K | No change |
| TIP iShares Tips Bond ETF | 0.16% | 4,761 | $530K | Reduce -34.2% |
| JPM JPMorgan Chase & Co. | 0.16% | 1,656 | $522K | Reduce -14.5% |
| BKLN Invesco Senior Loan ETF | 0.16% | 24,744 | $518K | Reduce -23.6% |
| INTU Intuit Inc. | 0.16% | 750 | $512K | Reduce -0.4% |
| IVW iShares S&P 500 Growth ETF | 0.15% | 4,171 | $504K | New |
| XOM Exxon Mobil Corp. | 0.15% | 4,464 | $503K | Reduce -9.6% |
| PIM Franklin Master Interm IT-Ui filed as PUTNAM MASTER INTER INCOME T | 0.14% | 136,178 | $468K | Reduce -17.9% |
| SYK Stryker Corp. | 0.14% | 1,252 | $463K | Reduce -1.6% |
| AM Antero Midstream Corp. | 0.14% | 23,705 | $461K | Reduce -4.2% |
| JPST JPMorgan Ultra-Short Income | 0.14% | 8,917 | $452K | Add +19.6% |
| JNJ Johnson & Johnson | 0.14% | 2,434 | $451K | Add +2.9% |
| SCHX Schwab US Large-Cap ETF | 0.13% | 16,569 | $436K | Reduce -23.9% |
| IJUL Innovator International Deve | 0.13% | 12,760 | $417K | Add +55.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.13% | 1,453 | $410K | Reduce -24.1% |
| SBUX Starbucks Corp. | 0.12% | 4,762 | $403K | Reduce -13.5% |
| PG The Procter & Gamble Co. | 0.12% | 2,577 | $396K | Reduce -6.6% |
| RA Brookfield Real Assets Incom | 0.12% | 29,057 | $388K | Reduce -3.5% |
| AFL Aflac Inc. | 0.12% | 3,452 | $386K | Reduce -21.7% |
| MUA BlackRock Muniassets Fund | 0.12% | 34,603 | $384K | Reduce -6.9% |
| ABBV Abbvie Inc. | 0.11% | 1,613 | $373K | Reduce -31.2% |
| IMAR Innovator Intdevpow Buf-Mar | 0.11% | 12,690 | $368K | No change |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.11% | 6,771 | $346K | No change |
| INOV Inno Int Dev Power Buff Nov | 0.10% | 10,191 | $340K | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.10% | 5,918 | $327K | No change |
| TSLA Tesla Inc. | 0.10% | 730 | $324K | Reduce -13.7% |
| PLTR Palantir Technologies Inc. Class A | 0.10% | 1,760 | $321K | Add +15.0% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.10% | 9,473 | $316K | No change |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.10% | 2,412 | $314K | No change |
| AR Antero Resources Corp. | 0.09% | 9,122 | $306K | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.09% | 2,852 | $298K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| XPMQX PIMCO Muni Income Fund III | Sold out | 0.00% | −0.79 |
| XPMFX PIMCO Municipal Income Fund | Sold out | 0.00% | −0.59 |
| BSCT Invesco Bulletshares 2029 CB | Reduce -4.8% | 3.76% | −0.38 |
| BSCQ Invesco Bulletshares 2026 CB | Reduce -15.3% | 1.24% | −0.30 |
| NAD Nuveen Quality Municipal Inc. | Reduce -8.1% | 1.94% | −0.21 |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | Reduce -6.6% | 2.12% | −0.17 |
| PJAN Innovator U.S. Equity Power | Reduce -9.4% | 1.43% | −0.17 |
| BSCW Invesco Bulletshares 2032 CB | Reduce -0.3% | 3.32% | −0.14 |
| PDI PIMCO Dynamic Income Fund | Reduce -12.9% | 0.87% | −0.14 |
| SCHV Schwab US Large-Cap Value | Reduce -3.1% | 3.48% | −0.12 |
| SCHG Schwab US Large-Cap Growth | Reduce -5.9% | 4.81% | −0.12 |
| DFUS Dimensional US Eq MKT ETF | Sold out | 0.00% | −0.11 |
| BSCS Invesco Bulletshares 2028 CB | Reduce -7.3% | 0.86% | −0.11 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.10 |
| TIP iShares Tips Bond ETF | Reduce -34.2% | 0.16% | −0.09 |
| NBB Nuveen Taxable Municipal Inc. | Reduce -16.2% | 0.42% | −0.09 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.09 |
| PDEC Innovator U.S. Equity Power | Reduce -5.7% | 1.38% | −0.09 |
| PTY PIMCO Corporate & Income Opp | Sold out | 0.00% | −0.08 |
| T AT&T Inc. | Sold out | 0.00% | −0.08 |
| HYMB SS SPDR N Ice HY Muni ETF | Sold out | 0.00% | −0.08 |
| PAPR Innovator U.S. Equity Power | Reduce -1.6% | 1.84% | −0.07 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.07 |
| PFEB Innovator U.S. Equity Power | Reduce -6.2% | 1.00% | −0.07 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.07 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.07 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.07 |
| XLK SS Technology Select Sector | Reduce -54.7% | 0.06% | −0.07 |
| JFR Nuveen Floating Rate Income | Reduce -18.0% | 0.20% | −0.06 |
| FMN Federated Herm Prem Muni Inc. | Reduce -18.7% | 0.25% | −0.06 |
| BKLN Invesco Senior Loan ETF | Reduce -23.6% | 0.16% | −0.06 |
| BIZD Vaneck BDC Income ETF | Sold out | 0.00% | −0.06 |
| IBM Intl Business Machines Corp. | Reduce -24.1% | 0.13% | −0.06 |
| AOCT In Equ D PR ETF - 2 Y O 2026 | Reduce -41.1% | 0.07% | −0.05 |
| PNOV Innovator U.S. Equity Power | Reduce -2.9% | 1.20% | −0.05 |
| PSEP Innovator U.S. Equity Power | Reduce -39.9% | 0.06% | −0.04 |
| SBUX Starbucks Corp. | Reduce -13.5% | 0.12% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -32.1% | 0.07% | −0.04 |
| CXW Corecivic Inc. | Reduce -23.4% | 0.09% | −0.04 |
| SCHX Schwab US Large-Cap ETF | Reduce -23.9% | 0.13% | −0.04 |
| PIM Franklin Master Interm IT-Ui | Reduce -17.9% | 0.14% | −0.04 |
| INTU Intuit Inc. | Reduce -0.4% | 0.16% | −0.03 |
| CSM Proshares Large Cap Core Plu | Reduce -5.8% | 1.20% | −0.03 |
| FPE FT-Preferred Secur & Inc. ETF | Reduce -1.7% | 0.72% | −0.03 |
| AFL Aflac Inc. | Reduce -21.7% | 0.12% | −0.03 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -6.6% | 0.25% | −0.03 |
| PMAR Innovator U.S. Equity Power | Reduce -2.3% | 0.83% | −0.03 |
| MSFT Microsoft Corp. | Reduce -1.5% | 1.13% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.8% | 0.60% | −0.03 |
| PJUN Innovator U.S. Equity Power | Reduce -9.4% | 0.22% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| PML PIMCO Municipal Income FD II | Add +1138.7% | 1.44% | +1.32 |
| QQQ Invesco QQQ Trust Series 1 | Add +10.7% | 4.25% | +0.54 |
| PAUG Innovator U.S. Equity Power | Add +29.4% | 1.80% | +0.40 |
| JAVA JPMorgan Active Value ETF | Add +13.8% | 3.10% | +0.37 |
| IAUG Innov in DVLP PWRB ETF - Aug | New | 0.37% | +0.37 |
| VEA Vanguard Ftse Developed ETF | Add +8.2% | 4.84% | +0.36 |
| BSCZ Invesco Bulletshares 2035 CB | New | 0.31% | +0.31 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +10.9% | 3.09% | +0.30 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +5.2% | 4.67% | +0.24 |
| SCHF Schwab Intl Equity ETF | Add +8.3% | 2.18% | +0.17 |
| GOOG Alphabet Inc. Class C | Add +0.6% | 0.67% | +0.16 |
| NVDA Nvidia Corp. | Add +2.8% | 1.17% | +0.15 |
| IVW iShares S&P 500 Growth ETF | New | 0.15% | +0.15 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +3.4% | 2.20% | +0.11 |
| VWO Vanguard Ftse Emerging Marke | Add +9.3% | 0.71% | +0.09 |
| VGT Vanguard Info Tech ETF | Add +11.3% | 0.47% | +0.07 |
| VTI VG Morningstar TS MKT ETF-US | Add +9.6% | 0.67% | +0.07 |
| ISEP Innovator Intl Dev Eq Power | New | 0.07% | +0.07 |
| AVGO Broadcom Inc. | Add +2.4% | 0.47% | +0.07 |
| JEPQ JPM Nasdaq Equity Premium | Add +8.8% | 0.78% | +0.07 |
| IJAN Innovator International Deve | New | 0.06% | +0.06 |
| IEO iShares U.S. Oil & Gas Explo | New | 0.06% | +0.06 |
| SHOP Shopify Inc. Class A | Add +1.6% | 0.27% | +0.05 |
| IJUL Innovator International Deve | Add +55.5% | 0.13% | +0.04 |
| PJUL Innovator U.S. Equity Power | Add +11.8% | 0.43% | +0.04 |
| JEPI JPMorgan Equity Premium Inco | Add +8.7% | 0.96% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +15.0% | 0.10% | +0.03 |
| BSCY Invesco Bulletshares 2034 CB | Add +6.3% | 1.31% | +0.03 |
| JPC Nuveen Prefered & Income Opp | Add +76.8% | 0.06% | +0.03 |
| SCHM Schwab US Mid Cap ETF | Add +0.9% | 1.99% | +0.02 |
| JNJ Johnson & Johnson | Add +2.9% | 0.14% | +0.02 |
| JPST JPMorgan Ultra-Short Income | Add +19.6% | 0.14% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.4% | 0.17% | +0.01 |
| IAPR Innovator International Deve | Add +4.8% | 0.34% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +0.1% | 0.26% | +0.01 |
| HSY The Hershey Co. | Add +0.7% | 0.07% | +0.01 |
| MCD McDonald's Corp. | Add +0.6% | 0.07% | −0.00 |
| META Meta Platforms Inc. Class A | Add +5.0% | 0.24% | −0.00 |
| AMZN Amazon.com Inc. | Add +3.2% | 0.65% | −0.01 |
| CRM Salesforce Inc. | Add +2.0% | 0.08% | −0.02 |
| COST Costco Wholesale Corp. | Add +1.3% | 0.34% | −0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2026 | 153 | $365.8M | VEA, VUG, VTV, JAVA, SCHG |
| Q2 2026 | 700 | $377.5M | VEA, VUG, VTV, JAVA, SCHG |
| Q1 2026 | 699 | $347.6M | VEA, VUG, VTV, SCHG, JAVA |
| Q4 2025 | 138 | $329.8M | VUG, VEA, VTV, QQQ, SCHG |
| Q3 2025 | 138 | $327.3M | VUG, VEA, SCHG, VTV, QQQ |
| Q2 2025 | 145 | $310.8M | VUG, SCHG, KR, VEA, VTV |
| Q1 2025 | 137 | $288.6M | VUG, KR, SCHG, VTV, BSCT |
| Q4 2024 | 135 | $278.9M | VUG, SCHG, KR, BSCT, VTV |
| Q3 2024 | 131 | $279.4M | KR, VUG, SCHG, BSCT, VEA |
| Q2 2024 | 125 | $258.6M | VUG, SCHG, KR, BSCT, VEA |
| Q1 2024 | 124 | $247.6M | KR, SCHG, VUG, BSCT, VEA |