Jim Saulnier & Associates, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), Jim Saulnier & Associates, LLC reported 135 stock positions worth $179.4 million. Its top holding was iShares Core 60/40 Balanced (AOR) at 10.5% of the portfolio, followed by Vanguard 0-3M T-Bill ETF (VBIL, 9.2%) and iShares Core 80/20 Aggressiv (AOA, 7.5%). Compared with Q2 2025, it opened 23 new positions, sold out of 1, added to 45 and reduced 25. The biggest buy was Vanguard 0-3M T-Bill ETF (VBIL, shares +222%) and the biggest sale Vanguard Ftse Developed ETF (VEA, shares −9%).

Most Recent 13F
Q2 2026
Location
FORT COLLINS, CO
CIK
0002044420
Portfolio Value
$179.4M (Q3 2025)
SEC Filing
0002044420-25-000005 ↗ filed Nov 3, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q3 2024: $102.3M Q3 2024 Q4 2024: $115.8M Q4 2024 Q1 2025: $128.5M Q1 2025 Q2 2025: $146.6M Q2 2025 Q3 2025: $179.4M $179.4M Q3 2025 Q4 2025: $192.9M Q4 2025 Q1 2026: $205.5M Q1 2026 Q2 2026: $248.6M Q2 2026

Holdings 135 stocks · $179.4M
AOR iShares Core 60/40 Balanced 10.48% 292,135 $18.8M Add +3.2%
VBIL Vanguard 0-3M T-Bill ETF 9.23% 218,989 $16.6M Add +221.7%
AOA iShares Core 80/20 Aggressiv 7.51% 152,793 $13.5M Add +4.0%
VEA Vanguard Ftse Developed ETF 4.01% 120,164 $7.2M Reduce -8.6%
BIL SS SPDR BB 1-3M T-Bill ETF 2.31% 45,132 $4.1M Reduce -14.9%
PBJN Pgim S&P 500 Buffer 20-Jun 2.14% 130,924 $3.8M No change
PBJL Pgim S&P 500 Buffer 20-Jul 2.09% 127,411 $3.7M Add +40.4%
ILCG iShares Morningstar Growth E 1.97% 33,806 $3.5M Reduce -8.4%
ILCB iShares Morningstar U.S. Equ 1.86% 36,106 $3.3M Reduce -7.7%
ILCV iShares Morningstar Value Et 1.82% 36,271 $3.3M Reduce -6.2%
SPEM State Street SP PTF Em ETF 1.79% 68,695 $3.2M Reduce -8.4%
BIV Vanguard Intermediate-Term B 1.70% 39,153 $3.1M Reduce -16.0%
GVI iShares Intermediate Governm 1.69% 28,264 $3.0M Reduce -15.4%
PBMY Pgim S&P 500 Buffer 20-May 1.63% 99,405 $2.9M Reduce -0.0%
PBAU Pgim S&P 500 Buffer 20-Aug 1.58% 96,541 $2.8M Add +281.8%
VTI VG Morningstar TS MKT ETF-US 1.56% 8,523 $2.8M Add +21.9%
MMAX iShares Larg CM Buff Mar ETF 1.46% 100,264 $2.6M No change
IBTI iShares Ibonds Dec 2028 Term 1.34% 107,032 $2.4M Add +28.9%
PBMR Pgim S&P 500 Buffer 20-Mar 1.26% 75,567 $2.3M No change
SGOV iShares 0-3 Month Treasury B 1.23% 21,877 $2.2M Reduce -10.9%
IBTH iShares Ibonds Dec 2027 Term 1.21% 96,140 $2.2M Add +9.3%
IMCV iShares Morningstar Mid-Cap 1.12% 25,051 $2.0M Reduce -5.0%
PBAP Pgim S&P 500 Buffer 20-Apr 0.98% 61,926 $1.8M No change
PBSE Pgim S&P 500 Buffer 20-Sep 0.90% 55,826 $1.6M New
AOM iShares Core 40/60 Moderate 0.89% 33,587 $1.6M Add +21.5%
VOO Vanguard S&P 500 ETF 0.88% 2,582 $1.6M Add +2.3%
BND Vanguard Total Bond Market 0.83% 20,124 $1.5M New
IMCG iShares Morningstar Mid-Cap 0.82% 17,883 $1.5M Reduce -8.1%
PBFB Pgim S&P 500 Buffer 20-Feb 0.81% 48,618 $1.4M No change
IMCB iShares Morningstar Mid-Cap 0.77% 16,589 $1.4M Reduce -7.1%
CPNJ Calamos NSDQ100 Alt ETF 0.76% 51,062 $1.4M No change
CPSN Cal S&P 500 Sr At PR ETF - N 0.75% 50,235 $1.3M No change
IVV iShares Core S&P 500 ETF 0.71% 1,903 $1.3M Reduce -1.6%
AAPL Apple Inc. 0.69% 4,885 $1.2M Add +0.0%
VONE Vanguard Russell 1000 0.69% 4,091 $1.2M New
FEBW Alianzim US Eq BFR20 Feb-Usd 0.67% 36,049 $1.2M No change
IBIJ Ishrs Ibnds Oct 2033 TRM 0.67% 45,223 $1.2M Add +2.7%
SPDW Ste STR SPDR PT DW Eu ETF 0.66% 27,597 $1.2M New
JULT All US Equ BUF10 Jul ETF-Usd 0.66% 26,872 $1.2M Reduce -9.4%
VWOB Vanguard Emerg MKTS Gov BND 0.64% 17,190 $1.2M Add +0.7%
CPNS Calamos NSDQ 100 Alt Sept 0.64% 42,536 $1.1M Add +16.4%
PBJA Pgim S&P 500 Buffer 20-Jan 0.64% 37,835 $1.1M No change
IBTG iShares Ibonds Dec 2026 Term 0.59% 46,163 $1.1M Add +2.5%
MSFT Microsoft Corp. 0.57% 1,977 $1.0M Add +11.1%
CPRJ Calamos Russ 2000 STR Al-Jul 0.55% 37,159 $982K New
SMAX iShares L Cap MB Sep ETF 0.54% 36,408 $975K Reduce -0.2%
APRW Allinzim US Eq BFR20 Apr-Usd 0.54% 28,170 $964K No change
BSV Vanguard Short-Term Bond ETF 0.54% 12,167 $960K Reduce -23.5%
CPNM Class ND 100 St At PR ETF - Mar 0.52% 36,754 $941K No change
IWF iShares Russell 1000 Growth 0.51% 1,946 $911K Add +170.3%
PBOC Pgim S&P 500 Buffer 20-Oct 0.49% 30,780 $881K No change
PBNV Pgim S&P 500 Buffer 20-Nov 0.42% 25,934 $750K No change
SCHF Schwab Intl Equity ETF 0.42% 32,198 $750K Add +71.2%
IBTJ iShares Ibonds Dec 2029 Term 0.41% 33,483 $735K Add +50.3%
PMMY Pgim S&P 500 Max Buf ETF May 0.40% 27,749 $718K No change
IBIE iShares Ibonds Oct 2028 TT 0.40% 27,125 $718K Add +37.8%
VNQ Vanguard Real Estate ETF 0.38% 7,462 $682K Add +20.9%
DAPR FT Vest U.S. Equity Deep Buf 0.37% 17,303 $669K No change
AMZN Amazon.com Inc. 0.37% 3,014 $662K Add +59.7%
ISCV iShares Morningstar Small-Ca 0.36% 9,748 $650K Reduce -3.3%
MARW Alianzim US Eq BFR20 Mar-Usd 0.36% 19,190 $645K No change
ISCB iShares Morningstar SM Cap 0.36% 10,085 $640K Reduce -2.8%
CPSY Calamos S&P 500 Sap ETF Jan 0.35% 25,796 $637K No change
JUNW Alianzim US Eq BFR20 Jun-Usd 0.35% 19,376 $635K No change
PBDE Pgim S&P 500 Buffer 20-Dec 0.35% 22,144 $634K No change
VWO Vanguard Ftse Emerging Marke 0.35% 11,583 $628K New
MUB iShares National Muni Bond E 0.35% 5,842 $622K Add +0.8%
CPSF Calms S&P 500 S PR ETF - Feb 0.33% 23,714 $597K No change
DMAY FT Vest US Equity Deep Buffe 0.32% 13,131 $582K No change
PMSE Pgim S&P 500 MF ETF - Sep 0.32% 22,812 $576K New
IBIF iShares Ibonds Oct 2029 TT 0.30% 20,058 $532K Add +67.3%
MAYW Alianzim US Eq BFR20 May-Usd 0.29% 15,889 $524K No change
NVDA Nvidia Corp. 0.28% 2,662 $497K Add +52.5%
IVW iShares S&P 500 Growth ETF 0.28% 4,089 $494K Add +0.1%
PMAU Pgim S&P 500 MB ETF-Aug 0.27% 19,202 $489K New
SCHX Schwab US Large-Cap ETF 0.27% 18,475 $487K New
VGT Vanguard Info Tech ETF 0.26% 636 $475K Add +56.6%
STPZ PIMCO 1-5 Year US Tips Index 0.26% 8,711 $472K Reduce -12.1%
IBIG iShares Ibonds Oct 2030 TT 0.26% 17,636 $471K Add +32.5%
IWP iShares Russell Mid-Cap Grow 0.26% 3,303 $470K New
VTV Vanguard Mrngstr Val ETF-Aui 0.26% 2,500 $466K New
DFEB FT Vest U.S. Equity Deep Buf 0.26% 10,014 $466K No change
DJUN FT Vest US Equity Deep Buffe 0.26% 9,972 $464K No change
IBIB iShares Ibonds Oct 2025 TT 0.26% 17,968 $458K Add +1.3%
BLV Vanguard Long-Term Bond ETF 0.25% 6,215 $440K Reduce -15.1%
ZJUL Innovator Edp ETF 1 YR July 0.23% 14,495 $416K No change
IBMP iShares Ibonds Dec 2027 Term 0.23% 16,094 $410K Add +0.6%
DMAR FT Vest US Equity Deep Buffe 0.23% 10,018 $408K No change
VB Vanguard Most SM-Cap ETF-Usd 0.22% 1,560 $397K Add +0.4%
NVBT All US Equ BUF10 Nov ETF-Usd 0.22% 10,739 $388K No change
NVO Novo-Nordisk A/S-Spons ADR 0.20% 6,544 $363K No change
SEPT All US Equ BUF10 Sep ETF-Usd 0.20% 10,427 $359K No change
DJAN FT Vest U.S. Equity Deep Buf 0.20% 8,492 $358K No change
JPM JPMorgan Chase & Co. 0.20% 1,115 $352K Add +0.1%
IBMQ iShares Ibonds Dec 2028 Muni 0.20% 13,695 $351K Add +0.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.19% 2,995 $343K Add +3.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.19% 508 $338K New
IBTK iShares Ibonds Dec 2030 Trea 0.19% 16,966 $337K New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.18% 1,126 $331K New
CPSP Calamos S&P 500 STR Alt Apr 0.18% 12,746 $328K No change
IBIC iShares Ibonds Oct 2026 TT 0.18% 12,397 $322K Add +1.3%
RPV Invesco S&P 500 Pure Value E 0.17% 3,149 $313K Add +0.8%
OCTW Alianzim US Eq BFR20 Oct-Usd 0.17% 8,140 $312K No change
RWO State Street SPDR Dow Jones 0.17% 6,760 $309K Reduce -2.1%
IBID iShares Ibonds Oct 2027 TT 0.17% 11,547 $303K Add +1.3%
DECW Alianzim US Eq BFR20 Dec-Usd 0.17% 9,144 $302K No change
CPNQ Cal Nasdaq 100 St Alt PR 0.17% 11,427 $299K No change
IYJ iShares U.S. Industrials ETF 0.17% 2,042 $298K New
MAYT All US Equ BUF10 May ETF-Usd 0.16% 8,094 $292K No change
DJUL FT Vest US Equity Deep Buffe 0.16% 6,131 $286K No change
SCHM Schwab US Mid Cap ETF 0.16% 9,623 $285K New
BMY Bristol-Myers Squibb Co. 0.15% 6,076 $274K New
CPSR Cal S&P 500 St Alt P ETF - M 0.15% 10,901 $271K No change
IYK iShares US Consumer Staples 0.14% 3,798 $260K New
ISCG iShares Morningstar Small-Ca 0.14% 4,754 $258K Add +5.4%
RSP Invesco S&P 500 Equal Weight 0.14% 1,359 $258K Add +0.4%
IBTF iShares Ibonds Dec 2025 Term 0.14% 10,964 $256K Add +1.1%
IYC iShares US Consumer Discreti 0.14% 2,442 $256K New
VXUS Vanguard Total Intl Stock 0.14% 3,484 $256K Reduce -17.6%
IBTL iShares Ibonds Dec 2031 Term 0.14% 12,414 $255K Add +7.4%
IJH iShares Core S&P Midcap ETF 0.14% 3,900 $255K No change
IXUS iShares Core Intl Stock ETF 0.14% 2,945 $243K No change
VHT Vanguard Health Care ETF 0.14% 934 $243K Add +0.1%
IEFA iShares Core MSCI Eafe ETF 0.13% 2,668 $233K New
AUGT Allianzim US Eq BFFR10 AG-US 0.13% 6,670 $233K Reduce -73.9%
USMV iShares MSCI USA Min Vol Fac 0.13% 2,439 $232K Add +0.1%
XLK SS Technology Select Sector 0.13% 808 $228K No change
AVUV Avantis US Small Cap Value 0.13% 2,281 $227K Add +0.4%
FEBT Allianzim US Eq BFFR10 FB-US 0.12% 6,048 $224K No change
SLYV SS SPDR S&P 600 SC Val ETF 0.12% 2,507 $222K New
NVBW Alnzim US Eqt BFR2 No Et-Usd 0.12% 6,608 $220K No change
IJR iShares Core S&P Small-Cap E 0.12% 1,810 $215K Reduce -3.8%
BNDX Vanguard Total Intl Bond ETF 0.12% 4,319 $214K New
ET Energy Transfer LP 0.12% 12,228 $210K Add +1.9%
IWO iShares Russell 2000 Growth 0.11% 627 $201K New

Portfolio Sells Q2 2025 → Q3 2025
VEA Vanguard Ftse Developed ETF Reduce -8.6% 4.01% −1.10
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -14.9% 2.31% −1.01
BIV Vanguard Intermediate-Term B Reduce -16.0% 1.70% −0.75
GVI iShares Intermediate Governm Reduce -15.4% 1.69% −0.74
ILCG iShares Morningstar Growth E Reduce -8.4% 1.97% −0.47
SGOV iShares 0-3 Month Treasury B Reduce -10.9% 1.23% −0.46
AUGT Allianzim US Eq BFFR10 AG-US Reduce -73.9% 0.13% −0.44
ILCB iShares Morningstar U.S. Equ Reduce -7.7% 1.86% −0.43
SPEM State Street SP PTF Em ETF Reduce -8.4% 1.79% −0.39
ILCV iShares Morningstar Value Et Reduce -6.2% 1.82% −0.38
BSV Vanguard Short-Term Bond ETF Reduce -23.5% 0.54% −0.32
PBMY Pgim S&P 500 Buffer 20-May Reduce -0.0% 1.63% −0.32
IMCV iShares Morningstar Mid-Cap Reduce -5.0% 1.12% −0.24
IMCG iShares Morningstar Mid-Cap Reduce -8.1% 0.82% −0.24
IMCB iShares Morningstar Mid-Cap Reduce -7.1% 0.77% −0.20
JULT All US Equ BUF10 Jul ETF-Usd Reduce -9.4% 0.66% −0.19
VGSH Vanguard Short-Term Treasury Sold out 0.00% −0.16
IVV iShares Core S&P 500 ETF Reduce -1.6% 0.71% −0.11
SMAX iShares L Cap MB Sep ETF Reduce -0.2% 0.54% −0.10
BLV Vanguard Long-Term Bond ETF Reduce -15.1% 0.25% −0.10
STPZ PIMCO 1-5 Year US Tips Index Reduce -12.1% 0.26% −0.10
ISCV iShares Morningstar Small-Ca Reduce -3.3% 0.36% −0.06
VXUS Vanguard Total Intl Stock Reduce -17.6% 0.14% −0.06
ISCB iShares Morningstar SM Cap Reduce -2.8% 0.36% −0.06
RWO State Street SPDR Dow Jones Reduce -2.1% 0.17% −0.04
IJR iShares Core S&P Small-Cap E Reduce -3.8% 0.12% −0.02

Portfolio Buys Q2 2025 → Q3 2025
VBIL Vanguard 0-3M T-Bill ETF Add +221.7% 9.23% +5.72
PBAU Pgim S&P 500 Buffer 20-Aug Add +281.8% 1.58% +1.10
PBSE Pgim S&P 500 Buffer 20-Sep New 0.90% +0.90
BND Vanguard Total Bond Market New 0.83% +0.83
VONE Vanguard Russell 1000 New 0.69% +0.69
SPDW Ste STR SPDR PT DW Eu ETF New 0.66% +0.66
CPRJ Calamos Russ 2000 STR Al-Jul New 0.55% +0.55
VWO Vanguard Ftse Emerging Marke New 0.35% +0.35
PBJL Pgim S&P 500 Buffer 20-Jul Add +40.4% 2.09% +0.33
PMSE Pgim S&P 500 MF ETF - Sep New 0.32% +0.32
IWF iShares Russell 1000 Growth Add +170.3% 0.51% +0.30
PMAU Pgim S&P 500 MB ETF-Aug New 0.27% +0.27
SCHX Schwab US Large-Cap ETF New 0.27% +0.27
IWP iShares Russell Mid-Cap Grow New 0.26% +0.26
VTV Vanguard Mrngstr Val ETF-Aui New 0.26% +0.26
SPY SS SPDR S&P 500 ETF Trust-US New 0.19% +0.19
IBTK iShares Ibonds Dec 2030 Trea New 0.19% +0.19
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.18% +0.18
IYJ iShares U.S. Industrials ETF New 0.17% +0.17
SCHM Schwab US Mid Cap ETF New 0.16% +0.16
BMY Bristol-Myers Squibb Co. New 0.15% +0.15
IYK iShares US Consumer Staples New 0.14% +0.14
IYC iShares US Consumer Discreti New 0.14% +0.14
SCHF Schwab Intl Equity ETF Add +71.2% 0.42% +0.13
IEFA iShares Core MSCI Eafe ETF New 0.13% +0.13
SLYV SS SPDR S&P 600 SC Val ETF New 0.12% +0.12
BNDX Vanguard Total Intl Bond ETF New 0.12% +0.12
IWO iShares Russell 2000 Growth New 0.11% +0.11
VTI VG Morningstar TS MKT ETF-US Add +21.9% 1.56% +0.11
NVDA Nvidia Corp. Add +52.5% 0.28% +0.09
AMZN Amazon.com Inc. Add +59.7% 0.37% +0.09
VGT Vanguard Info Tech ETF Add +56.6% 0.26% +0.08
IBIF iShares Ibonds Oct 2029 TT Add +67.3% 0.30% +0.08
IBTJ iShares Ibonds Dec 2029 Term Add +50.3% 0.41% +0.08
IBTI iShares Ibonds Dec 2028 Term Add +28.9% 1.34% +0.07
IBIE iShares Ibonds Oct 2028 TT Add +37.8% 0.40% +0.05
AOM iShares Core 40/60 Moderate Add +21.5% 0.89% +0.02
IBIG iShares Ibonds Oct 2030 TT Add +32.5% 0.26% +0.02
AAPL Apple Inc. Add +0.0% 0.69% +0.01
VNQ Vanguard Real Estate ETF Add +20.9% 0.38% +0.01
ISCG iShares Morningstar Small-Ca Add +5.4% 0.14% −0.01
AVUV Avantis US Small Cap Value Add +0.4% 0.13% −0.01
CPNS Calamos NSDQ 100 Alt Sept Add +16.4% 0.64% −0.02
IBTL iShares Ibonds Dec 2031 Term Add +7.4% 0.14% −0.02
VHT Vanguard Health Care ETF Add +0.1% 0.14% −0.02
RSP Invesco S&P 500 Equal Weight Add +0.4% 0.14% −0.02
JPM JPMorgan Chase & Co. Add +0.1% 0.20% −0.02
RPV Invesco S&P 500 Pure Value E Add +0.8% 0.17% −0.03
USMV iShares MSCI USA Min Vol Fac Add +0.1% 0.13% −0.03
IBTF iShares Ibonds Dec 2025 Term Add +1.1% 0.14% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 152$248.6MAOR, AOA, VBIL, VEA, BND
Q1 2026 139$205.5MAOR, AOA, VBIL, VEA, VTI
Q4 2025 138$192.9MAOR, AOA, VBIL, VEA, BIL
Q3 2025 135$179.4MAOR, VBIL, AOA, VEA, BIL
Q2 2025 113$146.6MAOR, AOA, VEA, VBIL, BIL
Q1 2025 101$128.5MAOR, AOA, VEA, BIL, SGOV
Q4 2024 93$115.8MBIL, AOR, VEA, AOA, SGOV
Q3 2024 83$102.3MBIL, AOR, VEA, AOA, BIV