Matrix Trust Co
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 6, 2024), Matrix Trust Co reported 83 stock positions worth $442.1 million. Its top holding was Schwab Intl Equity ETF (SCHF) at 17.3% of the portfolio, followed by iShares Morningstar Value Et (ILCV, 14.2%) and Schwab US Large-Cap ETF (SCHX, 7.9%). Compared with Q4 2023, it opened 22 new positions, sold out of 8, added to 23 and reduced 37. The biggest buy was a new position in iShares Semiconductor ETF (SOXX) and the biggest sale Air Products & Chemicals (APD, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001784277
- Portfolio Value
- $442.1M (Q1 2024)
- SEC Filing
- 0001784277-24-000003 ↗ filed May 6, 2024
Holdings Value
Holdings 83 stocks · $442.1M
| SCHF Schwab Intl Equity ETF | 17.27% | 1,956,597 | $76.3M | Reduce -2.3% |
| ILCV iShares Morningstar Value Et | 14.17% | 815,022 | $62.6M | Reduce -1.3% |
| SCHX Schwab US Large-Cap ETF | 7.86% | 560,075 | $34.8M | Reduce -1.8% |
| VWO Vanguard Ftse Emerging Marke | 6.60% | 699,130 | $29.2M | Reduce -2.5% |
| SCHP Schwab U.S. Tips ETF | 6.41% | 543,135 | $28.3M | Add +0.2% |
| AGG iShares Core U.S. Aggregate | 4.60% | 207,779 | $20.4M | Reduce -1.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 4.43% | 253,223 | $19.6M | Reduce -1.2% |
| SCHD Schwab US DVD Equity ETF | 3.91% | 214,592 | $17.3M | Reduce -0.8% |
| IMCV iShares Morningstar Mid-Cap | 3.64% | 221,810 | $16.1M | Reduce -1.6% |
| ACVU Hartford Alpha Cap Val ETF | 3.43% | 617,311 | $15.2M | Add +8.8% |
| ISCV iShares Morningstar Small-Ca | 2.64% | 190,780 | $11.7M | Reduce -1.8% |
| IMCG iShares Morningstar Mid-Cap | 2.64% | 165,159 | $11.7M | Reduce -2.4% |
| IMCB iShares Morningstar Mid-Cap | 2.56% | 155,241 | $11.3M | Reduce -1.8% |
| SCHA Schwab US Small-Cap ETF | 2.09% | 187,697 | $9.2M | Reduce -2.4% |
| ISCG iShares Morningstar Small-Ca | 1.53% | 145,698 | $6.8M | Reduce -2.7% |
| VCIT Vanguard Int-Term Corporate | 1.43% | 78,547 | $6.3M | Reduce -1.1% |
| XLE SS Energy Select Sector | 1.07% | 50,154 | $4.7M | Add +11.0% |
| ALL Allstate Corp. | 0.60% | 15,386 | $2.7M | Reduce -1.7% |
| ABBV Abbvie Inc. | 0.54% | 13,228 | $2.4M | Add +0.1% |
| AVGO Broadcom Inc. | 0.54% | 1,811 | $2.4M | Reduce -5.3% |
| COST Costco Wholesale Corp. | 0.52% | 3,159 | $2.3M | Reduce -1.3% |
| MSFT Microsoft Corp. | 0.50% | 5,287 | $2.2M | Reduce -19.5% |
| XOM Exxon Mobil Corp. | 0.50% | 19,043 | $2.2M | Reduce -2.7% |
| ACN Accenture PLC Class A | 0.49% | 6,252 | $2.2M | Reduce -1.8% |
| HD Home Depot Inc. | 0.47% | 5,406 | $2.1M | Add +0.5% |
| ICSH iShares Ultra Short Duration | 0.46% | 40,601 | $2.1M | Add +235.3% |
| JPM JPMorgan Chase & Co. | 0.46% | 10,078 | $2.0M | Add +1.3% |
| AAPL Apple Inc. | 0.46% | 11,766 | $2.0M | Reduce -0.5% |
| MRK Merck & Co. Inc. | 0.43% | 14,473 | $1.9M | Reduce -0.0% |
| TXN Texas Instruments Inc. | 0.41% | 10,444 | $1.8M | Reduce -4.5% |
| AFL Aflac Inc. | 0.40% | 20,345 | $1.7M | Reduce -5.3% |
| UNP Union Pacific Corp. | 0.39% | 7,100 | $1.7M | Add +2.1% |
| JNJ Johnson & Johnson | 0.39% | 10,871 | $1.7M | Add +1.5% |
| LMT Lockheed Martin Corp. | 0.38% | 3,677 | $1.7M | Reduce -0.1% |
| SOXX iShares Semiconductor ETF | 0.38% | 7,341 | $1.7M | New |
| CME Cme Group Inc. | 0.37% | 7,695 | $1.7M | Reduce -0.4% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.36% | 13,139 | $1.6M | Reduce -2.5% |
| UNH Unitedhealth Group Inc. | 0.35% | 3,171 | $1.6M | Reduce -2.2% |
| MRSH Marsh & McLennan Cos | 0.35% | 7,459 | $1.5M | New |
| PAYX Paychex Inc. | 0.35% | 12,434 | $1.5M | Reduce -0.6% |
| XLC SS Comm Select Sector SPDR | 0.33% | 18,087 | $1.5M | New |
| UPS United Parcel Service Class B | 0.33% | 9,845 | $1.5M | Reduce -4.4% |
| NEE Nextera Energy Inc. | 0.30% | 20,621 | $1.3M | Reduce -2.3% |
| CVX Chevron Corp. | 0.28% | 7,986 | $1.3M | Add +0.9% |
| BLK BlackRock Finance Inc. | 0.28% | 1,498 | $1.2M | Reduce -4.5% |
| NOC Northrop Grumman Corp. | 0.28% | 2,555 | $1.2M | Add +0.6% |
| BMY Bristol-Myers Squibb Co. | 0.27% | 21,793 | $1.2M | Reduce -4.0% |
| USFR Wisdomtree Floating Rate Tre | 0.25% | 22,073 | $1.1M | Add +141.7% |
| CSCO Cisco Systems Inc. | 0.25% | 21,739 | $1.1M | Add +0.9% |
| PEP Pepsico Inc. | 0.24% | 5,974 | $1.0M | Reduce -2.2% |
| RTX RTX Corp. | 0.21% | 9,585 | $935K | Reduce -3.2% |
| XHLF Bondbloxx BBG 6 MTH US Treas | 0.10% | 8,553 | $430K | Add +40.4% |
| IVV iShares Core S&P 500 ETF | 0.09% | 727 | $382K | Reduce -3.1% |
| HEQT Simplify Hedged Equity ETF | 0.07% | 11,462 | $304K | New |
| IEF iShares 7-10 Year Treasury B | 0.07% | 3,062 | $290K | Add +6.4% |
| AVUV Avantis US Small Cap Value | 0.06% | 2,864 | $268K | Add +3.6% |
| GLDM SPDR Gold Minishares Trust | 0.06% | 5,528 | $244K | Add +101.8% |
| TIP iShares Tips Bond ETF | 0.03% | 1,318 | $142K | Add +6.9% |
| INDA iShares MSCI India ETF | 0.03% | 2,723 | $140K | Add +2.2% |
| STIP iShares 0-5 Year Tips Bond E | 0.03% | 1,187 | $118K | Add +5.2% |
| EAPR Innovator Emerging Markets P | 0.01% | 1,185 | $30K | New |
| COWZ Pacer US Cash Cows 100 ETF | 0.01% | 468 | $27K | New |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.01% | 223 | $24K | No change |
| XONE Bondbloxx BBG 1 Dur US Treas | 0.00% | 309 | $15K | Add +7.3% |
| SHY iShares 1-3 Year Treasury Bo | 0.00% | 188 | $15K | Add +6.8% |
| WPC WP Carey Inc. | 0.00% | 215 | $12K | New |
| GPC Genuine Parts Co. | 0.00% | 69 | $11K | New |
| ADM Archer-Daniels-Midland Co. | 0.00% | 162 | $10K | New |
| CASY Casey's General Stores Inc. | 0.00% | 30 | $10K | New |
| ABT Abbott Laboratories | 0.00% | 76 | $9K | New |
| GGG Graco Inc. | 0.00% | 96 | $9K | New |
| SMIN iShares MSCI India Small-Cap | 0.00% | 130 | $9K | Add +14.0% |
| MSM MSC Industrial Direct Co. Class A | 0.00% | 91 | $9K | New |
| WMT Walmart Inc. | 0.00% | 152 | $9K | New |
| ALB Albemarle Corp. | 0.00% | 58 | $8K | New |
| CFR Cullen/Frost Bankers Inc. | 0.00% | 72 | $8K | New |
| NKE Nike Inc. Class B | 0.00% | 81 | $8K | New |
| NUE Nucor Corp. | 0.00% | 42 | $8K | New |
| VZ Verizon Communications Inc. | 0.00% | 198 | $8K | New |
| APD Air Products & Chemicals Inc. | 0.00% | 30 | $7K | Reduce -99.6% |
| LECO Lincoln Electric Holdings | 0.00% | 26 | $7K | New |
| RPM RPM International Inc. | 0.00% | 59 | $7K | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.00% | 34 | $6K | New |
Portfolio Sells Q4 2023 → Q1 2024
| APD Air Products & Chemicals Inc. | Reduce -99.6% | 0.00% | −0.45 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.34 |
| AGG iShares Core U.S. Aggregate | Reduce -1.9% | 4.60% | −0.31 |
| VWO Vanguard Ftse Emerging Marke | Reduce -2.5% | 6.60% | −0.29 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -1.2% | 4.43% | −0.21 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.21 |
| EJAN Innovator Emerging Markets P | Sold out | 0.00% | −0.11 |
| WOOD iShares Global Timber & Fore | Sold out | 0.00% | −0.09 |
| VCIT Vanguard Int-Term Corporate | Reduce -1.1% | 1.43% | −0.08 |
| AAPL Apple Inc. | Reduce -0.5% | 0.46% | −0.08 |
| MSFT Microsoft Corp. | Reduce -19.5% | 0.50% | −0.07 |
| MCHI iShares MSCI China ETF | Sold out | 0.00% | −0.06 |
| ISCV iShares Morningstar Small-Ca | Reduce -1.8% | 2.64% | −0.05 |
| UPS United Parcel Service Class B | Reduce -4.4% | 0.33% | −0.05 |
| SCHF Schwab Intl Equity ETF | Reduce -2.3% | 17.27% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -2.2% | 0.35% | −0.04 |
| DFJ Wisdomtree JPN S/C DVD Fund | Sold out | 0.00% | −0.04 |
| SCHA Schwab US Small-Cap ETF | Reduce -2.4% | 2.09% | −0.04 |
| ACN Accenture PLC Class A | Reduce -1.8% | 0.49% | −0.03 |
| GNMA iShares Gnma Bond ETF | Sold out | 0.00% | −0.03 |
| TXN Texas Instruments Inc. | Reduce -4.5% | 0.41% | −0.02 |
| AFL Aflac Inc. | Reduce -5.3% | 0.40% | −0.02 |
| BLK BlackRock Finance Inc. | Reduce -4.5% | 0.28% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -0.1% | 0.38% | −0.01 |
| ISCG iShares Morningstar Small-Ca | Reduce -2.7% | 1.53% | −0.01 |
| CME Cme Group Inc. | Reduce -0.4% | 0.37% | −0.01 |
| PEP Pepsico Inc. | Reduce -2.2% | 0.24% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -4.0% | 0.27% | −0.01 |
| PAYX Paychex Inc. | Reduce -0.6% | 0.35% | −0.00 |
| NEE Nextera Energy Inc. | Reduce -2.3% | 0.30% | −0.00 |
| FLJP Franklin Ftse Japan ETF | Sold out | 0.00% | −0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -3.1% | 0.09% | +0.00 |
| RTX RTX Corp. | Reduce -3.2% | 0.21% | +0.02 |
| TROW T Rowe Price Group Inc. | Reduce -2.5% | 0.36% | +0.02 |
| COST Costco Wholesale Corp. | Reduce -1.3% | 0.52% | +0.03 |
| XOM Exxon Mobil Corp. | Reduce -2.7% | 0.50% | +0.04 |
| AVGO Broadcom Inc. | Reduce -5.3% | 0.54% | +0.04 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.8% | 3.91% | +0.06 |
| MRK Merck & Co. Inc. | Reduce -0.0% | 0.43% | +0.06 |
| IMCV iShares Morningstar Mid-Cap | Reduce -1.6% | 3.64% | +0.07 |
| IMCB iShares Morningstar Mid-Cap | Reduce -1.8% | 2.56% | +0.08 |
| ALL Allstate Corp. | Reduce -1.7% | 0.60% | +0.09 |
| IMCG iShares Morningstar Mid-Cap | Reduce -2.4% | 2.64% | +0.09 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.8% | 7.86% | +0.34 |
| ILCV iShares Morningstar Value Et | Reduce -1.3% | 14.17% | +0.53 |
Portfolio Buys Q4 2023 → Q1 2024
| SOXX iShares Semiconductor ETF | New | 0.38% | +0.38 |
| ACVU Hartford Alpha Cap Val ETF | Add +8.8% | 3.43% | +0.36 |
| MRSH Marsh & McLennan Cos | New | 0.35% | +0.35 |
| XLC SS Comm Select Sector SPDR | New | 0.33% | +0.33 |
| ICSH iShares Ultra Short Duration | Add +235.3% | 0.46% | +0.32 |
| XLE SS Energy Select Sector | Add +11.0% | 1.07% | +0.18 |
| USFR Wisdomtree Floating Rate Tre | Add +141.7% | 0.25% | +0.14 |
| HEQT Simplify Hedged Equity ETF | New | 0.07% | +0.07 |
| ABBV Abbvie Inc. | Add +0.1% | 0.54% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +1.3% | 0.46% | +0.06 |
| HD Home Depot Inc. | Add +0.5% | 0.47% | +0.03 |
| GLDM SPDR Gold Minishares Trust | Add +101.8% | 0.06% | +0.03 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Add +40.4% | 0.10% | +0.03 |
| CVX Chevron Corp. | Add +0.9% | 0.28% | +0.01 |
| EAPR Innovator Emerging Markets P | New | 0.01% | +0.01 |
| COWZ Pacer US Cash Cows 100 ETF | New | 0.01% | +0.01 |
| WPC WP Carey Inc. | New | 0.00% | +0.00 |
| AVUV Avantis US Small Cap Value | Add +3.6% | 0.06% | +0.00 |
| GPC Genuine Parts Co. | New | 0.00% | +0.00 |
| ADM Archer-Daniels-Midland Co. | New | 0.00% | +0.00 |
| CASY Casey's General Stores Inc. | New | 0.00% | +0.00 |
| ABT Abbott Laboratories | New | 0.00% | +0.00 |
| GGG Graco Inc. | New | 0.00% | +0.00 |
| MSM MSC Industrial Direct Co. Class A | New | 0.00% | +0.00 |
| WMT Walmart Inc. | New | 0.00% | +0.00 |
| ALB Albemarle Corp. | New | 0.00% | +0.00 |
| CFR Cullen/Frost Bankers Inc. | New | 0.00% | +0.00 |
| NKE Nike Inc. Class B | New | 0.00% | +0.00 |
| NUE Nucor Corp. | New | 0.00% | +0.00 |
| VZ Verizon Communications Inc. | New | 0.00% | +0.00 |
| LECO Lincoln Electric Holdings | New | 0.00% | +0.00 |
| RPM RPM International Inc. | New | 0.00% | +0.00 |
| IBM Intl Business Machines Corp. | New | 0.00% | +0.00 |
| INDA iShares MSCI India ETF | Add +2.2% | 0.03% | +0.00 |
| TIP iShares Tips Bond ETF | Add +6.9% | 0.03% | +0.00 |
| STIP iShares 0-5 Year Tips Bond E | Add +5.2% | 0.03% | +0.00 |
| IEF iShares 7-10 Year Treasury B | Add +6.4% | 0.07% | +0.00 |
| SMIN iShares MSCI India Small-Cap | Add +14.0% | 0.00% | +0.00 |
| XONE Bondbloxx BBG 1 Dur US Treas | Add +7.3% | 0.00% | +0.00 |
| SHY iShares 1-3 Year Treasury Bo | Add +6.8% | 0.00% | +0.00 |
| NOC Northrop Grumman Corp. | Add +0.6% | 0.28% | −0.00 |
| JNJ Johnson & Johnson | Add +1.5% | 0.39% | −0.00 |
| UNP Union Pacific Corp. | Add +2.1% | 0.39% | −0.00 |
| CSCO Cisco Systems Inc. | Add +0.9% | 0.25% | −0.01 |
| SCHP Schwab U.S. Tips ETF | Add +0.2% | 6.41% | −0.21 |
Notes & Other Activity Q4 2023 → Q1 2024
| VPU Vanguard Utilities ETF | UTILITIES ETF | Reduce -100.0% | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 100 | $689.5M | ILCV, SCHF, VEA, VWO, SCHX |
| Q1 2026 | 178 | $602.1M | ILCV, SCHF, VEA, VWO, SCHX |
| Q4 2025 | 215 | $605.9M | ILCV, SCHF, VEA, VWO, SCHP |
| Q3 2025 | 249 | $638.8M | ILCV, SCHF, VEA, SCHP, VWO |
| Q2 2025 | 255 | $628.2M | ILCV, SCHF, VEA, SCHP, VWO |
| Q1 2025 | 255 | $592.8M | ILCV, SCHF, VEA, VWO, SCHX |
| Q4 2024 | 251 | $575.4M | ILCV, SCHF, VEA, USFR, VWO |
| Q3 2024 | 239 | $534.8M | ILCV, SCHF, VEA, VWO, SCHX |
| Q2 2024 | 171 | $442.9M | SCHF, ILCV, SCHX, VWO, SCHP |
| Q1 2024 | 83 | $442.1M | SCHF, ILCV, SCHX, VWO, SCHP |