Institute for Wealth Management, LLC.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 18, 2025), Institute for Wealth Management, LLC. reported 559 stock positions worth $896.0 million. Its top holding was Nvidia (NVDA) at 13.9% of the portfolio, followed by Apple (AAPL, 2.9%) and Microsoft (MSFT, 2.7%). Compared with Q1 2025, it opened 40 new positions, sold out of 5, added to 118 and reduced 276. The biggest buy was Axon Enterprise (AXON, shares +0%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001533954
- Portfolio Value
- $896.0M (Q2 2025)
- SEC Filing
- 0001667731-25-000874 ↗ filed Jul 18, 2025
Holdings Value
Holdings 559 stocks · $896.0M
| NVDA Nvidia Corp. | 13.88% | 787,254 | $124.4M | Reduce -1.0% |
| AAPL Apple Inc. | 2.88% | 125,768 | $25.8M | Reduce -1.5% |
| MSFT Microsoft Corp. | 2.71% | 48,821 | $24.3M | Reduce -2.4% |
| AMZN Amazon.com Inc. | 2.20% | 89,836 | $19.7M | Reduce -7.1% |
| AXON Axon Enterprise Inc. | 1.91% | 20,694 | $17.1M | Add +0.3% |
| META Meta Platforms Inc. Class A | 1.69% | 20,541 | $15.2M | Reduce -0.1% |
| QQQ Invesco QQQ Trust Series 1 | 1.62% | 26,322 | $14.5M | Add +2.7% |
| GOOGL Alphabet Inc. Class A | 1.15% | 58,586 | $10.3M | Add +0.6% |
| COST Costco Wholesale Corp. | 1.02% | 9,216 | $9.1M | Reduce -3.0% |
| TSLA Tesla Inc. | 0.95% | 26,867 | $8.5M | Reduce -1.0% |
| GS Goldman Sachs Group Inc. | 0.81% | 10,250 | $7.3M | Reduce -0.4% |
| LRCX Lam Research Corp. | 0.80% | 73,473 | $7.2M | Reduce -0.3% |
| VTWG Vanguard Russell 2000 Growth | 0.79% | 33,832 | $7.1M | Reduce -0.5% |
| SBUX Starbucks Corp. | 0.78% | 76,429 | $7.0M | Reduce -1.9% |
| SCHG Schwab US Large-Cap Growth | 0.78% | 239,701 | $7.0M | Reduce -0.8% |
| ADBE Adobe Inc. | 0.77% | 17,909 | $6.9M | Reduce -0.2% |
| ESGU iShares ESG Aware MSCI USA | 0.75% | 49,640 | $6.7M | Reduce -1.4% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.75% | 131,654 | $6.7M | Reduce -2.2% |
| URI United Rentals Inc. | 0.71% | 8,396 | $6.3M | Add +0.1% |
| AVGO Broadcom Inc. | 0.70% | 22,846 | $6.3M | Reduce -6.0% |
| XLI SS Industrial Select Sector | 0.70% | 42,456 | $6.3M | Reduce -1.5% |
| XMMO Invesco S&P Midcap Momentum | 0.69% | 47,922 | $6.2M | Reduce -0.9% |
| TXN Texas Instruments Inc. | 0.68% | 29,519 | $6.1M | Add +0.1% |
| VTWV Vanguard Russell 2000 Value | 0.68% | 43,992 | $6.1M | No change |
| SHV iShares 0-1 Year Treasury Bo | 0.67% | 54,712 | $6.0M | Add +26.7% |
| FTNT Fortinet Inc. | 0.67% | 56,573 | $6.0M | Reduce -0.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.65% | 46,652 | $5.8M | Reduce -1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.64% | 9,305 | $5.7M | Add +1.4% |
| XLF SS Financial Select Sector | 0.63% | 107,475 | $5.6M | Reduce -0.2% |
| NFLX Netflix Inc. | 0.63% | 4,182 | $5.6M | Reduce -2.4% |
| XLK SS Technology Select Sector | 0.61% | 21,622 | $5.5M | Add +1.0% |
| MA Mastercard Inc. Class A | 0.60% | 9,537 | $5.4M | Reduce -0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.57% | 10,478 | $5.1M | Add +0.1% |
| PDP Invesco Dorsey Wright Moment | 0.56% | 45,817 | $5.0M | Reduce -1.7% |
| SMH Vaneck Semiconductor ETF | 0.56% | 17,833 | $5.0M | Reduce -6.1% |
| V Visa Inc. Class A | 0.53% | 13,377 | $4.7M | Reduce -1.6% |
| JPM JPMorgan Chase & Co. | 0.52% | 16,115 | $4.7M | Add +1.4% |
| LLY Eli Lilly & Co. | 0.52% | 5,944 | $4.6M | Reduce -3.6% |
| BA The Boeing Co. | 0.49% | 20,792 | $4.4M | Add +3.1% |
| ORCL Oracle Corp. | 0.46% | 18,987 | $4.2M | Reduce -2.0% |
| AMD Advanced Micro Devices | 0.46% | 29,149 | $4.1M | Reduce -5.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.45% | 9,193 | $4.0M | Reduce -6.8% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.44% | 24,176 | $4.0M | Add +44.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 79,300 | $3.8M | Reduce -0.7% |
| PWB Invesco Large Cap Growth ETF | 0.42% | 31,710 | $3.7M | Reduce -0.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.41% | 18,970 | $3.7M | Add +211.1% |
| AMAT Applied Materials Inc. | 0.40% | 19,751 | $3.6M | Reduce -0.0% |
| HIG Hartford Insurance Group Inc. | 0.40% | 28,081 | $3.6M | Reduce -3.0% |
| ABBV Abbvie Inc. | 0.40% | 19,095 | $3.5M | Reduce -0.8% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.37% | 28,636 | $3.3M | Reduce -2.0% |
| IWV iShares Russell 3000 ETF | 0.37% | 9,363 | $3.3M | No change |
| AMGN Amgen Inc. | 0.37% | 11,760 | $3.3M | Reduce -3.3% |
| NOW ServiceNow Inc. | 0.36% | 3,113 | $3.2M | Reduce -2.5% |
| AXP American Express Co. | 0.35% | 9,788 | $3.1M | Add +2.0% |
| IWM iShares Russell 2000 ETF | 0.33% | 13,857 | $3.0M | Add +7.9% |
| PANW Palo Alto Networks Inc. | 0.33% | 14,415 | $2.9M | Reduce -5.5% |
| GOOG Alphabet Inc. Class C | 0.33% | 16,612 | $2.9M | Reduce -2.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.33% | 4 | $2.9M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.33% | 58,905 | $2.9M | Reduce -1.2% |
| BMVP Invesco Bloomberg MVP Multi- | 0.32% | 59,203 | $2.9M | Reduce -0.7% |
| XLG Invesco S&P 500 Top 50 ETF | 0.32% | 54,910 | $2.9M | Reduce -28.6% |
| PYPL PayPal Holdings Inc. | 0.32% | 38,449 | $2.9M | Reduce -0.2% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.31% | 10,148 | $2.8M | New |
| FDX FedEx Corp. | 0.31% | 12,258 | $2.8M | Reduce -0.4% |
| CRM Salesforce Inc. | 0.31% | 10,190 | $2.8M | Reduce -1.4% |
| GE General Electric filed as GE AEROSPACE | 0.31% | 10,793 | $2.8M | Reduce -2.4% |
| IEV iShares Europe ETF | 0.31% | 43,831 | $2.8M | Reduce -1.2% |
| VGT Vanguard Info Tech ETF | 0.30% | 4,074 | $2.7M | Add +62.7% |
| IVW iShares S&P 500 Growth ETF | 0.30% | 24,248 | $2.7M | Reduce -9.2% |
| ETN Eaton Corp. PLC | 0.30% | 7,415 | $2.6M | Add +0.2% |
| BX Blackstone Inc. | 0.29% | 17,548 | $2.6M | Add +1.4% |
| EFAX State Street SPDR MSCI Eafe | 0.29% | 55,128 | $2.6M | Reduce -0.6% |
| PRF Invesco Rafi US 1000 ETF | 0.29% | 61,415 | $2.6M | Reduce -0.7% |
| QUAL iShares MSCI USA Quality Fac | 0.29% | 14,124 | $2.6M | Reduce -10.9% |
| IWC iShares Micro-Cap ETF | 0.29% | 20,181 | $2.6M | No change |
| CME Cme Group Inc. | 0.28% | 9,077 | $2.5M | Reduce -2.1% |
| EEM iShares MSCI Emerging Market | 0.28% | 51,614 | $2.5M | Reduce -1.6% |
| DE Deere & Co. | 0.27% | 4,767 | $2.4M | Reduce -0.7% |
| XLE SS Energy Select Sector | 0.27% | 28,563 | $2.4M | Add +0.1% |
| MS Morgan Stanley | 0.27% | 17,105 | $2.4M | Reduce -0.2% |
| VKTX Viking Therapeutics Inc. | 0.27% | 90,377 | $2.4M | Add +0.0% |
| RYLD Global X Russell 2000 Cov Class | 0.26% | 155,872 | $2.3M | Reduce -1.6% |
| QYLD Global X Nasd 100 Cov Call | 0.26% | 138,301 | $2.3M | Reduce -4.3% |
| BXSL Blackstone Secured Lending F | 0.26% | 74,326 | $2.3M | Reduce -1.0% |
| CSX CSX Corp. | 0.25% | 69,915 | $2.3M | Reduce -0.1% |
| ARES Ares Management Corp. Class A | 0.25% | 12,828 | $2.2M | Reduce -20.0% |
| BKNG Booking Holdings Inc. | 0.24% | 379 | $2.2M | Reduce -3.1% |
| DELL Dell Technologies -C | 0.24% | 17,506 | $2.1M | Reduce -2.5% |
| LOW Lowe's Cos Inc. | 0.24% | 9,640 | $2.1M | Reduce -6.2% |
| RTX RTX Corp. | 0.24% | 14,644 | $2.1M | Reduce -2.8% |
| KLAC KLA Corp. | 0.24% | 2,380 | $2.1M | No change |
| CP Canadian Pacific Kansas City | 0.23% | 26,392 | $2.1M | Reduce -1.2% |
| GM General Motors Co. | 0.23% | 42,030 | $2.1M | Reduce -0.8% |
| QCOM Qualcomm Inc. | 0.23% | 12,697 | $2.0M | Reduce -3.7% |
| SPHQ Invesco S&P 500 Quality ETF | 0.23% | 28,367 | $2.0M | Reduce -0.6% |
| MPC Marathon Petroleum Corp. | 0.23% | 12,166 | $2.0M | Add +0.0% |
| EUSB Ishr ESG Advn Universal BD-$ | 0.22% | 46,163 | $2.0M | New |
| WM Waste Management Inc. | 0.22% | 8,737 | $2.0M | Reduce -2.6% |
| CIBR First Trust Nasdaq Cybersecu | 0.22% | 26,167 | $2.0M | Add +2.2% |
| WMT Walmart Inc. | 0.22% | 20,170 | $2.0M | Reduce -2.7% |
Options reported separately and not counted above: QQQ puts ($827K), MOH puts ($30K).
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -1.5% | 2.88% | −0.77 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -80.9% | 0.12% | −0.58 |
| SBUX Starbucks Corp. | Reduce -1.9% | 0.78% | −0.20 |
| AMZN Amazon.com Inc. | Reduce -7.1% | 2.20% | −0.17 |
| VHT Vanguard Health Care ETF | Reduce -55.9% | 0.08% | −0.15 |
| LLY Eli Lilly & Co. | Reduce -3.6% | 0.52% | −0.14 |
| COST Costco Wholesale Corp. | Reduce -3.0% | 1.02% | −0.14 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -28.6% | 0.32% | −0.14 |
| ABBV Abbvie Inc. | Reduce -0.8% | 0.40% | −0.12 |
| AMGN Amgen Inc. | Reduce -3.3% | 0.37% | −0.12 |
| ADBE Adobe Inc. | Reduce -0.2% | 0.77% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -1.4% | 0.10% | −0.10 |
| V Visa Inc. Class A | Reduce -1.6% | 0.53% | −0.08 |
| MA Mastercard Inc. Class A | Reduce -0.6% | 0.60% | −0.08 |
| VNQ Vanguard Real Estate ETF | Reduce -35.0% | 0.09% | −0.08 |
| FDX FedEx Corp. | Reduce -0.4% | 0.31% | −0.07 |
| IVV iShares Core S&P 500 ETF | Reduce -26.0% | 0.18% | −0.07 |
| VDE Vanguard Energy ETF | Reduce -61.2% | 0.03% | −0.07 |
| LOW Lowe's Cos Inc. | Reduce -6.2% | 0.24% | −0.07 |
| HIG Hartford Insurance Group Inc. | Reduce -3.0% | 0.40% | −0.06 |
| XLF SS Financial Select Sector | Reduce -0.2% | 0.63% | −0.06 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.7% | 0.12% | −0.06 |
| QUAL iShares MSCI USA Quality Fac | Reduce -10.9% | 0.29% | −0.06 |
| BXSL Blackstone Secured Lending F | Reduce -1.0% | 0.26% | −0.06 |
| ARES Ares Management Corp. Class A | Reduce -20.0% | 0.25% | −0.05 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.05 |
| JNJ Johnson & Johnson | Reduce -1.9% | 0.19% | −0.05 |
| QYLD Global X Nasd 100 Cov Call | Reduce -4.3% | 0.26% | −0.05 |
| MTN Vail Resorts Inc. | Reduce -9.8% | 0.16% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -2.6% | 0.17% | −0.05 |
| RYLD Global X Russell 2000 Cov Class | Reduce -1.6% | 0.26% | −0.05 |
| CRM Salesforce Inc. | Reduce -1.4% | 0.31% | −0.05 |
| BMVP Invesco Bloomberg MVP Multi- | Reduce -0.7% | 0.32% | −0.05 |
| UPS United Parcel Service Class B | Reduce -15.8% | 0.09% | −0.04 |
| WM Waste Management Inc. | Reduce -2.6% | 0.22% | −0.04 |
| PDP Invesco Dorsey Wright Moment | Reduce -1.7% | 0.56% | −0.04 |
| SPYX SS SPDR S&P 500 Foss FL ETF | Reduce -2.2% | 0.75% | −0.04 |
| EOG EOG Resources Inc. | Reduce -2.8% | 0.16% | −0.04 |
| HD Home Depot Inc. | Reduce -4.0% | 0.21% | −0.04 |
| OXY Occidental Petroleum Corp. | Reduce -3.4% | 0.10% | −0.04 |
| BXMT Blackstone Mortgage Tru Class A | Reduce -21.4% | 0.08% | −0.04 |
| BABA Alibaba Group Holding-SP ADR | Reduce -1.8% | 0.11% | −0.04 |
| ESGU iShares ESG Aware MSCI USA | Reduce -1.4% | 0.75% | −0.04 |
| XYLD Global X S&P 500 Cove Call E | Reduce -1.9% | 0.20% | −0.04 |
| HES Hess Corp. | Reduce -0.1% | 0.12% | −0.04 |
| CME Cme Group Inc. | Reduce -2.1% | 0.28% | −0.04 |
| APO Apollo Global Management Inc. | Reduce -19.1% | 0.10% | −0.04 |
| IGV iShares Expanded Tech-Softwa | Reduce -62.5% | 0.02% | −0.04 |
| QCOM Qualcomm Inc. | Reduce -3.7% | 0.23% | −0.03 |
| FTNT Fortinet Inc. | Reduce -0.2% | 0.67% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| AXON Axon Enterprise Inc. | Add +0.3% | 1.91% | +0.52 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | New | 0.31% | +0.31 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +211.1% | 0.41% | +0.27 |
| EUSB Ishr ESG Advn Universal BD-$ | New | 0.22% | +0.22 |
| VGT Vanguard Info Tech ETF | Add +62.7% | 0.30% | +0.13 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +197.2% | 0.20% | +0.12 |
| JEPQ JPM Nasdaq Equity Premium | Add +179.3% | 0.18% | +0.11 |
| NUHY Nuveen ESG Hi YLD Corp. BND | New | 0.10% | +0.10 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +44.2% | 0.44% | +0.10 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +53.5% | 0.22% | +0.08 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.7% | 1.62% | +0.08 |
| COF Capital One Financial Corp. | New | 0.07% | +0.07 |
| SHV iShares 0-1 Year Treasury Bo | Add +26.7% | 0.67% | +0.06 |
| EDV Vanguard Extended Dur Treas | New | 0.06% | +0.06 |
| GRNY Fundstr Gran SH US LRG Cap | Add +42.3% | 0.16% | +0.06 |
| CIEN Ciena Corp. | New | 0.05% | +0.05 |
| IJR iShares Core S&P Small-Cap E | Add +141.3% | 0.08% | +0.04 |
| MRVL Marvell Technology Inc. | Add +18.7% | 0.19% | +0.04 |
| BA The Boeing Co. | Add +3.1% | 0.49% | +0.04 |
| XLK SS Technology Select Sector | Add +1.0% | 0.61% | +0.04 |
| STX Seagate Technology Holdings | New | 0.04% | +0.04 |
| HHH Howard Hughes Holdings Inc. | Add +155.4% | 0.08% | +0.04 |
| MLPA Global X MLP ETF | New | 0.04% | +0.04 |
| ETN Eaton Corp. PLC | Add +0.2% | 0.30% | +0.04 |
| XLP SS Consumer Staples Sel Sect | New | 0.04% | +0.04 |
| KMX Carmax Inc. | New | 0.04% | +0.04 |
| RRR Red Rock Resorts Inc. Class A | Add +83.9% | 0.08% | +0.04 |
| BN Brookfield Corp. | New | 0.03% | +0.03 |
| AAMI Acadian Asset Management Inc. | New | 0.03% | +0.03 |
| URI United Rentals Inc. | Add +0.1% | 0.71% | +0.03 |
| SEIC Sei Investments Company | New | 0.03% | +0.03 |
| AOR iShares Core 60/40 Balanced | Add +37.6% | 0.14% | +0.03 |
| RMD Resmed Inc. | New | 0.03% | +0.03 |
| NHC National Healthcare Corp. | New | 0.03% | +0.03 |
| D Dominion Energy Inc. | Add +120.3% | 0.06% | +0.03 |
| CPNG Coupang Inc. | New | 0.03% | +0.03 |
| SPOT Spotify Technology SA | New | 0.03% | +0.03 |
| ANET Arista Networks Inc. | New | 0.03% | +0.03 |
| CSGS CSG Systems Intl Inc. | New | 0.03% | +0.03 |
| ATR Aptargroup Inc. | New | 0.03% | +0.03 |
| KBR KBR Inc. | New | 0.03% | +0.03 |
| TEL Te Connectivity PLC | New | 0.03% | +0.03 |
| APH Amphenol Corp. Class A | Add +7.3% | 0.09% | +0.03 |
| IWP iShares Russell Mid-Cap Grow | New | 0.03% | +0.03 |
| PWR Quanta Services Inc. | Add +5.5% | 0.10% | +0.03 |
| NUKZ Range Nuclear Renaissance | New | 0.03% | +0.03 |
| ITA iShares U.S. Aerospace & Def | New | 0.03% | +0.03 |
| MSGE Madison Square Garden Entert | New | 0.02% | +0.02 |
| IDXX Idexx Laboratories Inc. | New | 0.02% | +0.02 |
| EWC iShares MSCI Canada ETF | New | 0.02% | +0.02 |
Options Activity Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | put | Sold out | 12,800 | $1.4Mbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | New | 1,500 | $827K |
| SNOW Snowflake Inc. | call | Sold out | 800 | $117Kbefore exit |
| MOH Molina Healthcare Inc. | put | New | 100 | $30K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,744 | $1.1B | NVDA, AAPL, LRCX, AMZN, GOOGL |
| Q1 2026 | 540 | $931.3M | NVDA, AAPL, QQQ, MSFT, AMZN |
| Q4 2025 | 538 | $943.4M | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 557 | $960.1M | NVDA, AAPL, MSFT, AMZN, QQQ |
| Q2 2025 | 559 | $896.0M | NVDA, AAPL, MSFT, AMZN, AXON |
| Q1 2025 | 524 | $777.9M | NVDA, AAPL, MSFT, AMZN, QQQ |
| Q4 2024 | 505 | $796.4M | NVDA, AAPL, MSFT, AMZN, AXON |
| Q3 2024 | 550 | $792.4M | NVDA, AAPL, MSFT, AMZN, META |
| Q2 2024 | 504 | $746.1M | NVDA, AAPL, MSFT, AMZN, QQQ |
| Q1 2024 | 500 | $771.5M | NVDA, SPY, AAPL, MSFT, QQQ |