Matrix Trust Co
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 10, 2025), Matrix Trust Co reported 255 stock positions worth $592.8 million. Its top holding was iShares Morningstar Value Et (ILCV) at 9.5% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 6.8%) and Vanguard Ftse Developed ETF (VEA, 6.6%). Compared with Q4 2024, it opened 50 new positions, sold out of 46, added to 161 and reduced 39. The biggest buy was a new position in iShares China Large-Cap ETF (FXI) and the biggest sale Wisdomtree Floating Rate Tre (USFR, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001784277
- Portfolio Value
- $592.8M (Q1 2025)
- SEC Filing
- 0001784277-25-000003 ↗ filed Apr 10, 2025
Holdings Value
Holdings 255 stocks · $592.8M
| ILCV iShares Morningstar Value Et | 9.47% | 689,558 | $56.2M | Add +0.1% |
| SCHF Schwab Intl Equity ETF | 6.78% | 2,032,963 | $40.2M | Reduce -0.3% |
| VEA Vanguard Ftse Developed ETF | 6.57% | 765,725 | $38.9M | Reduce -0.1% |
| VWO Vanguard Ftse Emerging Marke | 5.89% | 771,853 | $34.9M | Reduce -0.3% |
| SCHX Schwab US Large-Cap ETF | 5.33% | 1,430,522 | $31.6M | Reduce -0.3% |
| USFR Wisdomtree Floating Rate Tre | 5.19% | 611,316 | $30.8M | Reduce -13.4% |
| SCHP Schwab U.S. Tips ETF | 4.90% | 1,080,577 | $29.1M | Reduce -6.2% |
| IVV iShares Core S&P 500 ETF | 4.44% | 46,838 | $26.3M | Add +6.8% |
| AGG iShares Core U.S. Aggregate | 3.93% | 235,519 | $23.3M | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 3.74% | 43,181 | $22.2M | Reduce -0.4% |
| VCSH Vanguard S/T Corp. Bond ETF | 3.43% | 257,403 | $20.3M | Add +1.6% |
| ACVU Hartford Alpha Cap Val ETF | 2.72% | 640,011 | $16.1M | Add +1.3% |
| IMCV iShares Morningstar Mid-Cap | 2.48% | 198,515 | $14.7M | Add +0.1% |
| IMCG iShares Morningstar Mid-Cap | 2.22% | 183,907 | $13.1M | Reduce -0.3% |
| IMCB iShares Morningstar Mid-Cap | 2.18% | 174,785 | $12.9M | Add +0.3% |
| SCHD Schwab US DVD Equity ETF | 2.16% | 457,148 | $12.8M | Reduce -18.2% |
| SCHA Schwab US Small-Cap ETF | 2.10% | 532,238 | $12.5M | Reduce -0.1% |
| ISCV iShares Morningstar Small-Ca | 1.86% | 186,326 | $11.0M | Add +0.1% |
| ISCG iShares Morningstar Small-Ca | 1.26% | 165,300 | $7.4M | Reduce -0.3% |
| VCIT Vanguard Int-Term Corporate | 1.21% | 87,867 | $7.2M | Add +1.2% |
| BND Vanguard Total Bond Market | 1.15% | 92,894 | $6.8M | Add +2.7% |
| XLE SS Energy Select Sector | 0.68% | 42,899 | $4.0M | Reduce -7.2% |
| XLC SS Comm Select Sector SPDR | 0.60% | 36,913 | $3.6M | Add +2.4% |
| VNQ Vanguard Real Estate ETF | 0.59% | 38,416 | $3.5M | Reduce -4.3% |
| ABBV Abbvie Inc. | 0.49% | 13,923 | $2.9M | Add +0.6% |
| AAPL Apple Inc. | 0.49% | 12,977 | $2.9M | Add +3.2% |
| FXI iShares China Large-Cap ETF | 0.47% | 77,272 | $2.8M | New |
| XOM Exxon Mobil Corp. | 0.46% | 23,122 | $2.8M | Add +4.3% |
| JPM JPMorgan Chase & Co. | 0.41% | 10,025 | $2.5M | Reduce -1.5% |
| MSFT Microsoft Corp. | 0.40% | 6,332 | $2.4M | Add +4.3% |
| MCD McDonald's Corp. | 0.40% | 7,571 | $2.4M | Add +1.1% |
| COST Costco Wholesale Corp. | 0.39% | 2,451 | $2.3M | Reduce -1.6% |
| ACN Accenture PLC Class A | 0.39% | 7,330 | $2.3M | Add +1.7% |
| AVGO Broadcom Inc. | 0.39% | 13,653 | $2.3M | Add +2.6% |
| TXN Texas Instruments Inc. | 0.39% | 12,715 | $2.3M | Add +5.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.37% | 23,601 | $2.2M | Add +331.7% |
| CME Cme Group Inc. | 0.36% | 7,991 | $2.1M | Add +0.1% |
| ALL Allstate Corp. | 0.35% | 9,965 | $2.1M | No change |
| PAYX Paychex Inc. | 0.34% | 13,120 | $2.0M | No change |
| HD Home Depot Inc. | 0.33% | 5,400 | $2.0M | Reduce -0.8% |
| TIP iShares Tips Bond ETF | 0.33% | 17,562 | $2.0M | Add +926.4% |
| UNH Unitedhealth Group Inc. | 0.33% | 3,691 | $1.9M | Add +1.6% |
| MRSH Marsh & McLennan Cos | 0.32% | 7,654 | $1.9M | Add +1.2% |
| WM Waste Management Inc. | 0.31% | 8,055 | $1.9M | New |
| MS Morgan Stanley | 0.31% | 15,945 | $1.9M | Reduce -1.7% |
| FAST Fastenal Co. | 0.31% | 23,683 | $1.8M | Reduce -3.0% |
| SOXX iShares Semiconductor ETF | 0.31% | 9,712 | $1.8M | No change |
| WEC WEC Energy Group Inc. | 0.30% | 16,352 | $1.8M | No change |
| VTIP Vanguard Short-Term Tips | 0.28% | 33,763 | $1.7M | New |
| LMT Lockheed Martin Corp. | 0.28% | 3,759 | $1.7M | No change |
| FLTR Vaneck Ig Floating Rate ETF | 0.28% | 64,895 | $1.7M | New |
| FPE FT-Preferred Secur & Inc. ETF | 0.28% | 92,822 | $1.6M | Add +37.0% |
| EXR Extra Space Storage Inc. | 0.26% | 10,299 | $1.5M | Reduce -4.3% |
| MRK Merck & Co. Inc. | 0.25% | 16,617 | $1.5M | Add +5.4% |
| RTX RTX Corp. | 0.25% | 11,117 | $1.5M | Add +6.7% |
| ASA ASA Gold and Precious Metals | 0.24% | 47,899 | $1.4M | Add +36.9% |
| RLY SS Multi-Asset Real Ret ETF | 0.24% | 50,402 | $1.4M | Add +48.5% |
| IEF iShares 7-10 Year Treasury B | 0.24% | 15,067 | $1.4M | Add +352.7% |
| CVX Chevron Corp. | 0.24% | 8,372 | $1.4M | Reduce -1.0% |
| REET iShares Global REIT ETF | 0.23% | 56,749 | $1.4M | Add +49.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.23% | 14,800 | $1.4M | Add +0.2% |
| TLT iShares 20+ Year Treasury BD | 0.22% | 14,419 | $1.3M | New |
| RFG Invesco S&P Midcap 400 Pure | 0.22% | 29,410 | $1.3M | Add +46.6% |
| XHLF Bondbloxx BBG 6 MTH US Treas | 0.22% | 25,574 | $1.3M | Add +2231.3% |
| STIP iShares 0-5 Year Tips Bond E | 0.20% | 11,659 | $1.2M | Add +344.0% |
| IAU iShares Gold Trust | 0.20% | 20,243 | $1.2M | Add +39.4% |
| PEP Pepsico Inc. | 0.20% | 7,725 | $1.2M | Add +6.4% |
| GLDM SPDR Gold Minishares Trust | 0.19% | 18,188 | $1.1M | Add +282.4% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.18% | 34,788 | $1.1M | Add +39.7% |
| RPG Invesco S&P 500 Pure Growth | 0.18% | 28,336 | $1.1M | Add +44.6% |
| UPS United Parcel Service Class B | 0.18% | 9,766 | $1.1M | Add +1.4% |
| RZG Invesco S&P Smallcap 600 Pur | 0.18% | 22,764 | $1.1M | Add +48.0% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.18% | 41,628 | $1.1M | Add +41.0% |
| QIS Simplify Multi-Qis Alt ETF | 0.17% | 44,437 | $1.0M | Add +37.0% |
| IVVB iShares Large Cap Deep Quart | 0.17% | 34,664 | $1.0M | New |
| VXUS Vanguard Total Intl Stock | 0.17% | 16,266 | $1.0M | Add +501.6% |
| VPU Vanguard Utilities ETF | 0.15% | 5,057 | $864K | Reduce -0.3% |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | 0.13% | 57,471 | $754K | Add +48.3% |
| SRLN SS Blackstone Sr Loan ETF | 0.13% | 18,200 | $749K | Add +40.5% |
| PSK SS SPDR Ice Pref Sec ETF | 0.13% | 22,999 | $745K | Add +40.8% |
| DBL Doubleline Opport Credit | 0.12% | 47,092 | $736K | Add +35.9% |
| HGER Harbor Commodity All Weather | 0.11% | 26,093 | $628K | Add +112.7% |
| ICSH iShares Ultra Short Duration | 0.08% | 9,775 | $496K | Reduce -48.4% |
| EOG EOG Resources Inc. | 0.08% | 3,827 | $491K | Add +37.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 1,968 | $489K | Add +23.7% |
| SGI Somnigroup International Inc. | 0.08% | 7,844 | $470K | Add +186.0% |
| RPV Invesco S&P 500 Pure Value E | 0.08% | 4,817 | $445K | Add +46.5% |
| CSCO Cisco Systems Inc. | 0.06% | 6,239 | $385K | Add +36.7% |
| SWKS Skyworks Solutions Inc. | 0.06% | 5,733 | $371K | Add +84.5% |
| OKE Oneok Inc. | 0.06% | 3,626 | $360K | Add +51.6% |
| CMDT PIMCO Commodity Active Strat | 0.06% | 12,515 | $335K | New |
| LYB Lyondellbasell Indu Class A | 0.06% | 4,726 | $333K | Add +46.2% |
| FGD First Trust DJ GL Sel DVD | 0.06% | 13,739 | $332K | Add +28.4% |
| BEN Franklin Templeton Inc. | 0.06% | 17,188 | $331K | Add +50.7% |
| APAM Artisan Partners Asset Ma -A | 0.06% | 8,365 | $327K | Add +53.6% |
| SPEM State Street SP PTF Em ETF | 0.05% | 7,149 | $281K | New |
| RZV Invesco S&P Smallcap 600 Pur | 0.04% | 2,634 | $260K | Add +47.0% |
| JBL Jabil Inc. | 0.04% | 1,877 | $255K | Add +29.2% |
| BWA Borgwarner Inc. | 0.04% | 8,853 | $254K | Add +46.2% |
| EMR Emerson Electric Co. | 0.04% | 2,279 | $250K | Add +46.3% |
Portfolio Sells Q4 2024 → Q1 2025
| USFR Wisdomtree Floating Rate Tre | Reduce -13.4% | 5.19% | −0.99 |
| SCHD Schwab US DVD Equity ETF | Reduce -18.2% | 2.16% | −0.50 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.3% | 5.33% | −0.45 |
| VOO Vanguard S&P 500 ETF | Reduce -0.4% | 3.74% | −0.32 |
| SCHA Schwab US Small-Cap ETF | Reduce -0.1% | 2.10% | −0.29 |
| CNYA iShares MSCI China A ETF | Sold out | 0.00% | −0.29 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.29 |
| SCHP Schwab U.S. Tips ETF | Reduce -6.2% | 4.90% | −0.27 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −0.21 |
| IMCG iShares Morningstar Mid-Cap | Reduce -0.3% | 2.22% | −0.21 |
| SPLB SS SPDR P Long Term C ETF | Sold out | 0.00% | −0.20 |
| ISCG iShares Morningstar Small-Ca | Reduce -0.3% | 1.26% | −0.17 |
| ICSH iShares Ultra Short Duration | Reduce -48.4% | 0.08% | −0.08 |
| VIG Vanguard Dividend Apprec ETF | Sold out | 0.00% | −0.04 |
| MS Morgan Stanley | Reduce -1.7% | 0.31% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.3% | 5.89% | −0.04 |
| VNQ Vanguard Real Estate ETF | Reduce -4.3% | 0.59% | −0.04 |
| HD Home Depot Inc. | Reduce -0.8% | 0.33% | −0.03 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.03 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.03 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.03 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.02 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −0.02 |
| EXR Extra Space Storage Inc. | Reduce -4.3% | 0.26% | −0.02 |
| USDU Wisdomtree BBG Usd Bullish | Sold out | 0.00% | −0.02 |
| XLE SS Energy Select Sector | Reduce -7.2% | 0.68% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -1.5% | 0.41% | −0.01 |
| ANF Abercrombie & Fitch Co. Class A | Sold out | 0.00% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -1.6% | 0.39% | −0.01 |
| FIX Comfort Systems USA Inc. | Sold out | 0.00% | −0.00 |
| MATX Matson Inc. | Sold out | 0.00% | −0.00 |
| SONO Sonos Inc. | Sold out | 0.00% | −0.00 |
| BHE Benchmark Electronics Inc. | Sold out | 0.00% | −0.00 |
| EPR Epr Properties | Sold out | 0.00% | −0.00 |
| FLYW Flywire Corp.-Voting | Sold out | 0.00% | −0.00 |
| INGR Ingredion Inc. | Sold out | 0.00% | −0.00 |
| NEU Newmarket Corp. | Sold out | 0.00% | −0.00 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.00 |
| STRL Sterling Infrastructure Inc. | Sold out | 0.00% | −0.00 |
| GPK Graphic Packaging Holding Co. | Sold out | 0.00% | −0.00 |
| NFG National Fuel Gas Co. | Sold out | 0.00% | −0.00 |
| OPCH Option Care Health Inc. | Sold out | 0.00% | −0.00 |
| KFY Korn Ferry | Sold out | 0.00% | −0.00 |
| TPH Tri Pointe Homes Inc. | Sold out | 0.00% | −0.00 |
| EME Emcor Group Inc. | Reduce -33.3% | 0.00% | −0.00 |
| ADT Adt Inc. | Sold out | 0.00% | −0.00 |
| AMKR Amkor Technology Inc. | Sold out | 0.00% | −0.00 |
| BCC Boise Cascade Co. | Sold out | 0.00% | −0.00 |
| CMC Commercial Metals Co. | Sold out | 0.00% | −0.00 |
| BOOT Boot Barn Holdings Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| FXI iShares China Large-Cap ETF | New | 0.47% | +0.47 |
| WM Waste Management Inc. | New | 0.31% | +0.31 |
| TIP iShares Tips Bond ETF | Add +926.4% | 0.33% | +0.30 |
| VTIP Vanguard Short-Term Tips | New | 0.28% | +0.28 |
| FLTR Vaneck Ig Floating Rate ETF | New | 0.28% | +0.28 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +331.7% | 0.37% | +0.28 |
| TLT iShares 20+ Year Treasury BD | New | 0.22% | +0.22 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Add +2231.3% | 0.22% | +0.21 |
| IEF iShares 7-10 Year Treasury B | Add +352.7% | 0.24% | +0.19 |
| IVVB iShares Large Cap Deep Quart | New | 0.17% | +0.17 |
| STIP iShares 0-5 Year Tips Bond E | Add +344.0% | 0.20% | +0.16 |
| GLDM SPDR Gold Minishares Trust | Add +282.4% | 0.19% | +0.15 |
| VXUS Vanguard Total Intl Stock | Add +501.6% | 0.17% | +0.14 |
| ASA ASA Gold and Precious Metals | Add +36.9% | 0.24% | +0.12 |
| RLY SS Multi-Asset Real Ret ETF | Add +48.5% | 0.24% | +0.08 |
| IAU iShares Gold Trust | Add +39.4% | 0.20% | +0.08 |
| REET iShares Global REIT ETF | Add +49.2% | 0.23% | +0.07 |
| FPE FT-Preferred Secur & Inc. ETF | Add +37.0% | 0.28% | +0.07 |
| ABBV Abbvie Inc. | Add +0.6% | 0.49% | +0.06 |
| HGER Harbor Commodity All Weather | Add +112.7% | 0.11% | +0.06 |
| CMDT PIMCO Commodity Active Strat | New | 0.06% | +0.06 |
| SGI Somnigroup International Inc. | Add +186.0% | 0.08% | +0.05 |
| XOM Exxon Mobil Corp. | Add +4.3% | 0.46% | +0.05 |
| RFG Invesco S&P Midcap 400 Pure | Add +46.6% | 0.22% | +0.05 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | Add +39.7% | 0.18% | +0.05 |
| SPEM State Street SP PTF Em ETF | New | 0.05% | +0.05 |
| RZG Invesco S&P Smallcap 600 Pur | Add +48.0% | 0.18% | +0.05 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Add +41.0% | 0.18% | +0.04 |
| RPG Invesco S&P 500 Pure Growth | Add +44.6% | 0.18% | +0.04 |
| ACVU Hartford Alpha Cap Val ETF | Add +1.3% | 2.72% | +0.04 |
| RTX RTX Corp. | Add +6.7% | 0.25% | +0.04 |
| WOOD iShares Global Timber & Fore | New | 0.04% | +0.04 |
| BKNG Booking Holdings Inc. | New | 0.04% | +0.04 |
| GE General Electric | New | 0.04% | +0.04 |
| UBER Uber Technologies Inc. | New | 0.04% | +0.04 |
| MRSH Marsh & McLennan Cos | Add +1.2% | 0.32% | +0.04 |
| QIS Simplify Multi-Qis Alt ETF | Add +37.0% | 0.17% | +0.04 |
| CME Cme Group Inc. | Add +0.1% | 0.36% | +0.04 |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | Add +48.3% | 0.13% | +0.03 |
| APP AppLovin Corp. Class A | New | 0.03% | +0.03 |
| SRLN SS Blackstone Sr Loan ETF | Add +40.5% | 0.13% | +0.03 |
| PSK SS SPDR Ice Pref Sec ETF | Add +40.8% | 0.13% | +0.03 |
| DBL Doubleline Opport Credit | Add +35.9% | 0.12% | +0.03 |
| EOG EOG Resources Inc. | Add +37.8% | 0.08% | +0.02 |
| RPV Invesco S&P 500 Pure Value E | Add +46.5% | 0.08% | +0.02 |
| MCD McDonald's Corp. | Add +1.1% | 0.40% | +0.02 |
| IBM Intl Business Machines Corp. | Add +23.7% | 0.08% | +0.02 |
| BND Vanguard Total Bond Market | Add +2.7% | 1.15% | +0.02 |
| OKE Oneok Inc. | Add +51.6% | 0.06% | +0.02 |
| CSCO Cisco Systems Inc. | Add +36.7% | 0.06% | +0.02 |
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 |