Institute for Wealth Management, LLC.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 17, 2025), Institute for Wealth Management, LLC. reported 557 stock positions worth $960.1 million. Its top holding was Nvidia (NVDA) at 14.8% of the portfolio, followed by Apple (AAPL, 3.3%) and Microsoft (MSFT, 2.6%). Compared with Q2 2025, it opened 45 new positions, sold out of 47, added to 162 and reduced 255. The biggest buy was a new position in Calamos Autocallable Inc. ETF (CAIE) and the biggest sale Axon Enterprise (AXON, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001533954
- Portfolio Value
- $960.1M (Q3 2025)
- SEC Filing
- 0002085853-25-000109 ↗ filed Oct 17, 2025
Holdings Value
Holdings 557 stocks · $960.1M
| NVDA Nvidia Corp. | 14.84% | 763,512 | $142.5M | Reduce -3.0% |
| AAPL Apple Inc. | 3.30% | 124,255 | $31.6M | Reduce -1.2% |
| MSFT Microsoft Corp. | 2.60% | 48,168 | $24.9M | Reduce -1.3% |
| AMZN Amazon.com Inc. | 1.94% | 84,792 | $18.6M | Reduce -5.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.76% | 28,202 | $16.9M | Add +7.1% |
| META Meta Platforms Inc. Class A | 1.54% | 20,140 | $14.8M | Reduce -1.9% |
| AXON Axon Enterprise Inc. | 1.54% | 20,566 | $14.8M | Reduce -0.6% |
| GOOGL Alphabet Inc. Class A | 1.43% | 56,345 | $13.7M | Reduce -3.8% |
| TSLA Tesla Inc. | 1.22% | 26,237 | $11.7M | Reduce -2.3% |
| LRCX Lam Research Corp. | 1.02% | 73,472 | $9.8M | Reduce 0.0% |
| COST Costco Wholesale Corp. | 0.89% | 9,189 | $8.5M | Reduce -0.3% |
| GS Goldman Sachs Group Inc. | 0.83% | 9,980 | $7.9M | Reduce -2.6% |
| URI United Rentals Inc. | 0.82% | 8,242 | $7.9M | Reduce -1.8% |
| VTWG Vanguard Russell 2000 Growth | 0.82% | 33,562 | $7.8M | Reduce -0.8% |
| AVGO Broadcom Inc. | 0.79% | 22,910 | $7.6M | Add +0.3% |
| SCHG Schwab US Large-Cap Growth | 0.77% | 230,881 | $7.4M | Reduce -3.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.76% | 10,941 | $7.3M | Add +17.6% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.75% | 131,208 | $7.2M | Reduce -0.3% |
| ESGU iShares ESG Aware MSCI USA | 0.74% | 49,069 | $7.1M | Reduce -1.1% |
| VTWV Vanguard Russell 2000 Value | 0.71% | 43,494 | $6.8M | Reduce -1.1% |
| XLI SS Industrial Select Sector | 0.68% | 42,311 | $6.5M | Reduce -0.3% |
| XMMO Invesco S&P Midcap Momentum | 0.67% | 47,904 | $6.5M | Reduce -0.0% |
| SBUX Starbucks Corp. | 0.66% | 75,432 | $6.4M | Reduce -1.3% |
| ADBE Adobe Inc. | 0.64% | 17,330 | $6.1M | Reduce -3.2% |
| XLK SS Technology Select Sector | 0.62% | 21,214 | $6.0M | Reduce -1.9% |
| SMH Vaneck Semiconductor ETF | 0.62% | 18,264 | $6.0M | Add +2.4% |
| XLF SS Financial Select Sector | 0.59% | 105,903 | $5.7M | Reduce -1.5% |
| MA Mastercard Inc. Class A | 0.57% | 9,606 | $5.5M | Add +0.7% |
| TXN Texas Instruments Inc. | 0.57% | 29,570 | $5.4M | Add +0.2% |
| PDP Invesco Dorsey Wright Moment | 0.56% | 45,193 | $5.3M | Reduce -1.4% |
| ORCL Oracle Corp. | 0.55% | 18,788 | $5.3M | Reduce -1.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.55% | 45,704 | $5.2M | Reduce -2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.54% | 10,398 | $5.2M | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 0.53% | 16,040 | $5.1M | Reduce -0.5% |
| NFLX Netflix Inc. | 0.52% | 4,150 | $5.0M | Reduce -0.8% |
| AMD Advanced Micro Devices | 0.49% | 28,975 | $4.7M | Reduce -0.6% |
| FTNT Fortinet Inc. | 0.48% | 54,885 | $4.6M | Reduce -3.0% |
| V Visa Inc. Class A | 0.48% | 13,420 | $4.6M | Add +0.3% |
| BA The Boeing Co. | 0.47% | 20,708 | $4.5M | Reduce -0.4% |
| LLY Eli Lilly & Co. | 0.46% | 5,784 | $4.4M | Reduce -2.7% |
| ABBV Abbvie Inc. | 0.45% | 18,743 | $4.3M | Reduce -1.8% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.45% | 20,779 | $4.3M | Add +9.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.44% | 24,051 | $4.2M | Reduce -0.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 78,410 | $4.0M | Reduce -1.1% |
| AMAT Applied Materials Inc. | 0.42% | 19,686 | $4.0M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 0.42% | 16,382 | $4.0M | Reduce -1.4% |
| SHV iShares 0-1 Year Treasury Bo | 0.41% | 35,910 | $4.0M | Reduce -34.4% |
| PWB Invesco Large Cap Growth ETF | 0.41% | 31,518 | $4.0M | Reduce -0.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.40% | 12,867 | $3.8M | Add +26.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.39% | 7,710 | $3.7M | Reduce -16.1% |
| HIG Hartford Insurance Group Inc. | 0.38% | 27,142 | $3.6M | Reduce -3.3% |
| GE General Electric filed as GE AEROSPACE | 0.37% | 11,942 | $3.6M | Add +10.7% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.37% | 28,445 | $3.6M | Reduce -0.7% |
| IWV iShares Russell 3000 ETF | 0.37% | 9,363 | $3.5M | No change |
| IWM iShares Russell 2000 ETF | 0.34% | 13,667 | $3.3M | Reduce -1.4% |
| VGT Vanguard Info Tech ETF | 0.34% | 4,417 | $3.3M | Add +8.4% |
| AMGN Amgen Inc. | 0.34% | 11,622 | $3.3M | Reduce -1.2% |
| AXP American Express Co. | 0.34% | 9,714 | $3.2M | Reduce -0.8% |
| VWO Vanguard Ftse Emerging Marke | 0.33% | 58,489 | $3.2M | Reduce -0.7% |
| BX Blackstone Inc. | 0.32% | 17,742 | $3.0M | Add +1.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.31% | 4 | $3.0M | No change |
| IWC iShares Micro-Cap ETF | 0.31% | 19,975 | $3.0M | Reduce -1.0% |
| XLG Invesco S&P 500 Top 50 ETF | 0.31% | 51,744 | $3.0M | Reduce -5.8% |
| NOW ServiceNow Inc. | 0.31% | 3,230 | $3.0M | Add +3.8% |
| BMVP Invesco Bloomberg MVP Multi- | 0.30% | 58,960 | $2.9M | Reduce -0.4% |
| PANW Palo Alto Networks Inc. | 0.30% | 14,137 | $2.9M | Reduce -1.9% |
| IEV iShares Europe ETF | 0.30% | 43,476 | $2.8M | Reduce -0.8% |
| ETN Eaton Corp. PLC | 0.29% | 7,443 | $2.8M | Add +0.4% |
| PRF Invesco Rafi US 1000 ETF | 0.29% | 60,817 | $2.7M | Reduce -1.0% |
| EEM iShares MSCI Emerging Market | 0.28% | 51,167 | $2.7M | Reduce -0.9% |
| VKTX Viking Therapeutics Inc. | 0.28% | 103,447 | $2.7M | Add +14.5% |
| EFAX State Street SPDR MSCI Eafe | 0.28% | 55,005 | $2.7M | Reduce -0.2% |
| MS Morgan Stanley | 0.28% | 16,846 | $2.7M | Reduce -1.5% |
| IVW iShares S&P 500 Growth ETF | 0.28% | 22,129 | $2.7M | Reduce -8.7% |
| FDX FedEx Corp. | 0.27% | 11,087 | $2.6M | Reduce -9.6% |
| KLAC KLA Corp. | 0.27% | 2,380 | $2.6M | No change |
| GM General Motors Co. | 0.27% | 41,972 | $2.6M | Reduce -0.1% |
| PYPL PayPal Holdings Inc. | 0.26% | 36,946 | $2.5M | Reduce -3.9% |
| CSX CSX Corp. | 0.26% | 69,504 | $2.5M | Reduce -0.6% |
| DELL Dell Technologies -C | 0.26% | 17,355 | $2.5M | Reduce -0.9% |
| XLE SS Energy Select Sector | 0.26% | 27,500 | $2.5M | Reduce -3.7% |
| QUAL iShares MSCI USA Quality Fac | 0.25% | 12,486 | $2.4M | Reduce -11.6% |
| RTX RTX Corp. | 0.25% | 14,480 | $2.4M | Reduce -1.1% |
| LOW Lowe's Cos Inc. | 0.25% | 9,443 | $2.4M | Reduce -2.0% |
| CME Cme Group Inc. | 0.25% | 8,732 | $2.4M | Reduce -3.8% |
| MPC Marathon Petroleum Corp. | 0.24% | 12,108 | $2.3M | Reduce -0.5% |
| CRM Salesforce Inc. | 0.24% | 9,839 | $2.3M | Reduce -3.4% |
| CIBR First Trust Nasdaq Cybersecu | 0.24% | 30,345 | $2.3M | Add +16.0% |
| VGSH Vanguard Short-Term Treasury | 0.24% | 38,742 | $2.3M | Add +22.5% |
| QYLD Global X Nasd 100 Cov Call | 0.23% | 130,826 | $2.2M | Reduce -5.4% |
| RYLD Global X Russell 2000 Cov Class | 0.23% | 147,107 | $2.2M | Reduce -5.6% |
| CAT Caterpillar Inc. | 0.23% | 4,563 | $2.2M | Add +2.2% |
| DE Deere & Co. | 0.22% | 4,714 | $2.2M | Reduce -1.1% |
| XHB SS SPDR S&P Homebldrs ETF | 0.22% | 19,389 | $2.1M | Reduce -0.3% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.22% | 36,483 | $2.1M | Add +24.4% |
| QCOM Qualcomm Inc. | 0.22% | 12,519 | $2.1M | Reduce -1.4% |
| SPHQ Invesco S&P 500 Quality ETF | 0.22% | 28,368 | $2.1M | Add +0.0% |
| BXSL Blackstone Secured Lending F | 0.21% | 79,155 | $2.1M | Add +6.5% |
| HD Home Depot Inc. | 0.21% | 5,074 | $2.1M | Reduce -1.5% |
| EUSB Ishr ESG Advn Universal BD-$ | 0.21% | 46,383 | $2.0M | Add +0.5% |
Options reported separately and not counted above: VKTX calls ($11K).
Portfolio Sells Q2 2025 → Q3 2025
| AXON Axon Enterprise Inc. | Reduce -0.6% | 1.54% | −0.38 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -34.4% | 0.41% | −0.26 |
| AMZN Amazon.com Inc. | Reduce -5.6% | 1.94% | −0.26 |
| FTNT Fortinet Inc. | Reduce -3.0% | 0.48% | −0.19 |
| META Meta Platforms Inc. Class A | Reduce -1.9% | 1.54% | −0.15 |
| ADBE Adobe Inc. | Reduce -3.2% | 0.64% | −0.14 |
| COST Costco Wholesale Corp. | Reduce -0.3% | 0.89% | −0.13 |
| SBUX Starbucks Corp. | Reduce -1.3% | 0.66% | −0.12 |
| HES Hess Corp. | Sold out | 0.00% | −0.12 |
| MSFT Microsoft Corp. | Reduce -1.3% | 2.60% | −0.11 |
| NFLX Netflix Inc. | Reduce -0.8% | 0.52% | −0.11 |
| DIS The Walt Disney Co. | Reduce -2.0% | 0.55% | −0.10 |
| CRM Salesforce Inc. | Reduce -3.4% | 0.24% | −0.07 |
| IT Gartner Inc. | Reduce -14.4% | 0.07% | −0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -16.1% | 0.39% | −0.06 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.06 |
| VDC Vanguard Consumer Staple ETF | Sold out | 0.00% | −0.06 |
| PYPL PayPal Holdings Inc. | Reduce -3.9% | 0.26% | −0.06 |
| LLY Eli Lilly & Co. | Reduce -2.7% | 0.46% | −0.06 |
| ACN Accenture PLC Class A | Reduce -48.1% | 0.04% | −0.05 |
| CHTR Charter Communications Inc. Class A | Reduce -26.3% | 0.05% | −0.05 |
| MTN Vail Resorts Inc. | Reduce -23.3% | 0.11% | −0.05 |
| ACGL Arch Capital Group Ltd. | Reduce -54.1% | 0.04% | −0.05 |
| FCN Fti Consulting Inc. | Sold out | 0.00% | −0.05 |
| FISV Fiserv Inc. | Reduce -3.1% | 0.10% | −0.05 |
| CI The Cigna Group | Reduce -14.0% | 0.11% | −0.05 |
| AAON Aaon Inc. | Sold out | 0.00% | −0.05 |
| GGG Graco Inc. | Sold out | 0.00% | −0.05 |
| DE Deere & Co. | Reduce -1.1% | 0.22% | −0.05 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.05 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.04 |
| ARES Ares Management Corp. Class A | Reduce -4.4% | 0.20% | −0.04 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.04 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.04 |
| INTU Intuit Inc. | Reduce -14.0% | 0.09% | −0.04 |
| CTAS Cintas Corp. | Reduce -20.1% | 0.09% | −0.04 |
| GDDY GoDaddy Inc. Class A | Sold out | 0.00% | −0.04 |
| FDX FedEx Corp. | Reduce -9.6% | 0.27% | −0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -5.8% | 0.13% | −0.04 |
| THO Thor Industries Inc. | Sold out | 0.00% | −0.04 |
| ISRG Intuitive Surgical Inc. | Reduce -1.9% | 0.11% | −0.04 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.04 |
| ROST Ross Stores Inc. | Sold out | 0.00% | −0.04 |
| QUAL iShares MSCI USA Quality Fac | Reduce -11.6% | 0.25% | −0.04 |
| NTRA Natera Inc. | Sold out | 0.00% | −0.04 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.03 |
| UPS United Parcel Service Class B | Reduce -19.2% | 0.06% | −0.03 |
| CP Canadian Pacific Kansas City | Reduce -2.7% | 0.20% | −0.03 |
| XLF SS Financial Select Sector | Reduce -1.5% | 0.59% | −0.03 |
| CME Cme Group Inc. | Reduce -3.8% | 0.25% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| CAIE Calamos Autocallable Inc. ETF | New | 0.19% | +0.19 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.1% | 1.76% | +0.14 |
| CVX Chevron Corp. | Add +181.4% | 0.18% | +0.12 |
| VHT Vanguard Health Care ETF | Add +150.9% | 0.20% | +0.12 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +17.6% | 0.76% | +0.12 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +26.8% | 0.40% | +0.09 |
| AVGO Broadcom Inc. | Add +0.3% | 0.79% | +0.08 |
| FEPI Rex Fang Innov Prem Inc. ETF | New | 0.07% | +0.07 |
| VAW Vanguard Materials ETF | New | 0.07% | +0.07 |
| SMH Vaneck Semiconductor ETF | Add +2.4% | 0.62% | +0.07 |
| GE General Electric | Add +10.7% | 0.37% | +0.06 |
| HQY Healthequity Inc. | Add +112.7% | 0.13% | +0.06 |
| VDE Vanguard Energy ETF | Add +183.0% | 0.09% | +0.06 |
| VNQ Vanguard Real Estate ETF | Add +65.4% | 0.15% | +0.06 |
| ALV Autoliv Inc. | New | 0.05% | +0.05 |
| BBWI Bath & Body Works Inc. | New | 0.05% | +0.05 |
| RYAN Ryan Specialty Holdings Inc. | New | 0.05% | +0.05 |
| GSHD Goosehead Insurance Inc. Class A | New | 0.04% | +0.04 |
| OS Onestream Inc. | New | 0.04% | +0.04 |
| TYL Tyler Technologies Inc. | New | 0.04% | +0.04 |
| VIG Vanguard Dividend Apprec ETF | Add +37.4% | 0.17% | +0.04 |
| CNM Core & Main Inc. Class A | New | 0.04% | +0.04 |
| VGT Vanguard Info Tech ETF | Add +8.4% | 0.34% | +0.04 |
| JEPQ JPM Nasdaq Equity Premium | Add +24.4% | 0.22% | +0.04 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +9.5% | 0.45% | +0.04 |
| ADEA Adeia Inc. | New | 0.04% | +0.04 |
| WSO Watsco Inc. | New | 0.04% | +0.04 |
| RKT Rocket Cos Inc. Class A | New | 0.04% | +0.04 |
| NUKZ Range Nuclear Renaissance | Add +122.1% | 0.06% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.04% | +0.04 |
| CTSH Cognizant Tech Solutions-A | New | 0.03% | +0.03 |
| BSX Boston Scientific Corp. | New | 0.03% | +0.03 |
| AROC Archrock Inc. | New | 0.03% | +0.03 |
| IJR iShares Core S&P Small-Cap E | Add +39.5% | 0.12% | +0.03 |
| WDC Western Digital Corp. | New | 0.03% | +0.03 |
| CAT Caterpillar Inc. | Add +2.2% | 0.23% | +0.03 |
| NYT New York Times Co. Class A | New | 0.03% | +0.03 |
| GEV GE Vernova Inc. | Add +13.4% | 0.17% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +15.8% | 0.10% | +0.03 |
| MGEE Mge Energy Inc. | New | 0.03% | +0.03 |
| VGSH Vanguard Short-Term Treasury | Add +22.5% | 0.24% | +0.03 |
| AUR Aurora Innovation Inc. | New | 0.03% | +0.03 |
| EXLS Exlservice Holdings Inc. | New | 0.03% | +0.03 |
| PHM Pultegroup Inc. | Add +1.8% | 0.17% | +0.03 |
| LBTYK Liberty Global Ltd. Class C | New | 0.03% | +0.03 |
| IWN iShares Russell 2000 Value E | New | 0.03% | +0.03 |
| WTW Willis Towers Watson PLC | New | 0.03% | +0.03 |
| SPHR Sphere Entertainment Co. | New | 0.03% | +0.03 |
| BJ Bj's Wholesale Club Holdings | New | 0.03% | +0.03 |
| CWB SS SPDR BB Conv Sec ETF | New | 0.03% | +0.03 |
Options Activity Q2 2025 → Q3 2025
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 1,500 | $827Kbefore exit |
| MOH Molina Healthcare Inc. | put | Sold out | 100 | $30Kbefore exit |
| VKTX Viking Therapeutics Inc. | call | New | 400 | $11K |
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 |