Gill Capital Partners, LLC

Name: GILL CAPITAL PARTNERS, LLC 13F holdings, Q3 2025
Creator: GILL CAPITAL PARTNERS, LLC
Published: 2025-10-27

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

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
CXW Corecivic Inc.	0.09%	14,557	$296K	Reduce -23.4%
MHF Western Asset Municipal High	0.09%	40,474	$293K	No change
IWF iShares Russell 1000 Growth	0.09%	623	$292K	Reduce -0.8%
NNOV Innovator G-100 PB ETF - Nov	0.09%	9,951	$284K	No change
PEP Pepsico Inc.	0.09%	2,007	$282K	Reduce -10.8%
IWM iShares Russell 2000 ETF	0.09%	1,154	$279K	Reduce -2.1%
NDEC In Gro-100 PWR Buf ETF - Dec	0.08%	10,120	$274K	No change
QQQJ Invesco Nasdaq Next Gen 100	0.08%	7,643	$274K	No change
ABT Abbott Laboratories	0.08%	1,991	$267K	Reduce -0.5%
CRM Salesforce Inc.	0.08%	1,123	$266K	Add +2.0%
KGC Kinross Gold Corp.	0.08%	10,701	$266K	No change
EEM iShares MSCI Emerging Market	0.08%	4,925	$263K	Reduce -0.6%
SDOG Alps Sector Dividend Dogs	0.08%	4,182	$252K	No change
MCD McDonald's Corp.	0.07%	801	$243K	Add +0.6%
ETN Eaton Corp. PLC	0.07%	645	$241K	No change
AOCT In Equ D PR ETF - 2 Y O 2026	0.07%	9,035	$237K	Reduce -41.1%
DNP DNP Select Income Fund Inc.	0.07%	23,603	$236K	Reduce -10.3%
HSY The Hershey Co.	0.07%	1,261	$236K	Add +0.7%
KAPR Innovator U.S. Small Cap Pow	0.07%	6,808	$233K	No change
SPYI Neos S&P 500 High Income ETF	0.07%	4,325	$226K	No change
CSCO Cisco Systems Inc.	0.07%	3,277	$224K	Reduce -32.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.07%	1,955	$224K	Reduce -2.7%
ISEP Innovator Intl Dev Eq Power	0.07%	6,999	$223K	New
XFRAX BlackRock Fltng RT Inc. Strat	0.07%	17,102	$222K	No change
YUM Yum! Brands Inc.	0.07%	1,457	$221K	Reduce -0.3%
JGRO JPMorgan Active Growth ETF	0.07%	2,353	$221K	No change
JPC Nuveen Prefered & Income Opp	0.06%	25,622	$210K	Add +76.8%
PSEP Innovator U.S. Equity Power	0.06%	4,871	$209K	Reduce -39.9%
IJAN Innovator International Deve	0.06%	5,789	$204K	New
IJUN Innov Intl Dev PB ETF - June	0.06%	7,165	$203K	Reduce -13.6%
IEO iShares U.S. Oil & Gas Explo	0.06%	2,192	$203K	New
PMM Franklin Managed Municipal I	0.06%	33,467	$202K	Reduce -19.4%
XLK SS Technology Select Sector	0.06%	714	$201K	Reduce -54.7%
PMO Franklin Muncipl Opps Tst-Ui	0.05%	14,813	$153K	Reduce -35.9%
JRI Nuveen Real Asset Inc. & GRW	0.05%	10,515	$150K	Reduce -11.9%
KIO KKR Income Opportunities	0.05%	11,752	$148K	Reduce -7.1%
BDJ BlackRock Enhanced Eqty DVD	0.04%	15,383	$140K	No change
VMO Invesco Municipal Opport	0.03%	10,189	$99K	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