Trail Ridge Investment Advisors, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Trail Ridge Investment Advisors, LLC reported 102 stock positions worth $176.8 million. Its top holding was Goldman Sachs Activebeta Int (GSIE) at 8.3% of the portfolio, followed by iShares MSCI Emr MRK Ex Chna (EMXC, 7.3%) and iShares Core S&P 500 ETF (IVV, 6.2%). Compared with Q4 2023, it opened 9 new positions, sold out of 15, added to 28 and reduced 46. The biggest buy was iShares MSCI Emr MRK Ex Chna (EMXC, shares +54%) and the biggest sale Apple (AAPL, shares −2%).

Most Recent 13F
Q2 2026
Location
FORT COLLINS, CO
CIK
0001911013
Portfolio Value
$176.8M (Q1 2024)
SEC Filing
0001911013-24-000003 ↗ filed May 15, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $176.8M $176.8M Q1 2024 Q2 2024: $193.4M Q2 2024 Q3 2024: $209.9M Q3 2024 Q4 2024: $210.4M Q4 2024 Q1 2025: $194.1M Q1 2025 Q2 2025: $208.0M Q2 2025 Q3 2025: $223.0M Q3 2025 Q4 2025: $232.5M Q4 2025 Q1 2026: $230.1M Q1 2026 Q2 2026: $236.8M Q2 2026

Holdings 102 stocks · $176.8M
GSIE Goldman Sachs Activebeta Int 8.32% 429,261 $14.7M Add +16.5%
EMXC iShares MSCI Emr MRK Ex Chna 7.33% 224,990 $13.0M Add +53.8%
IVV iShares Core S&P 500 ETF 6.16% 20,720 $10.9M Reduce -7.5%
MSFT Microsoft Corp. 5.56% 23,357 $9.8M Add +0.2%
AAPL Apple Inc. 5.44% 56,112 $9.6M Reduce -2.3%
GOOG Alphabet Inc. Class C 2.60% 30,234 $4.6M Add +2.5%
COST Costco Wholesale Corp. 2.30% 5,539 $4.1M Reduce -2.7%
IVE iShares S&P 500 Value ETF 2.16% 20,441 $3.8M Reduce -7.3%
AMZN Amazon.com Inc. 2.16% 21,131 $3.8M Reduce -7.2%
NVDA Nvidia Corp. 2.15% 4,208 $3.8M Add +0.3%
BUFR FT Vest Lad Buffervetf-Usd I 2.11% 133,311 $3.7M Add +5.3%
SLQD iShares 0-5 YR Inv GRD Corp. 2.05% 73,557 $3.6M Add +103.7%
ETN Eaton Corp. PLC 2.00% 11,298 $3.5M No change
IJJ iShares S&P Mid-Cap 400 Valu 1.95% 29,195 $3.5M Add +6.2%
TOL Toll Brothers Inc. 1.84% 25,145 $3.3M Reduce -2.8%
IJK iShares S&P Mid-Cap 400 Grow 1.77% 34,248 $3.1M Add +3.8%
GVI iShares Intermediate Governm 1.71% 29,009 $3.0M Reduce -3.0%
FENY Fidelity MSCI Energy Index 1.63% 111,262 $2.9M Reduce -13.0%
MA Mastercard Inc. Class A 1.54% 5,656 $2.7M Reduce -3.8%
IJT iShares S&P Small-Cap 600 GR 1.48% 19,988 $2.6M Add +2.9%
TMO Thermo Fisher Scientific Inc. 1.38% 4,194 $2.4M Add +4.5%
PHM Pultegroup Inc. 1.27% 18,622 $2.2M No change
SPY SS SPDR S&P 500 ETF Trust-US 1.24% 4,190 $2.2M Reduce -8.6%
ADBE Adobe Inc. 1.20% 4,222 $2.1M Add +0.3%
BRK.B Berkshire Hathaway Inc. Class B 1.17% 4,920 $2.1M Reduce -6.6%
JPM JPMorgan Chase & Co. 1.06% 9,327 $1.9M Reduce -24.2%
FSS Federal Signal Corp. 1.06% 22,001 $1.9M Reduce -0.8%
BLK BlackRock Finance Inc. 1.03% 2,188 $1.8M No change
MCHP Microchip Technology Inc. 0.96% 18,862 $1.7M Reduce -1.5%
HD Home Depot Inc. 0.95% 4,359 $1.7M Reduce -4.7%
ROP Roper Technologies Inc. 0.92% 2,913 $1.6M No change
CHD Church & Dwight Co. Inc. 0.92% 15,626 $1.6M No change
CB Chubb Ltd. 0.90% 6,133 $1.6M No change
COO The Cooper Cos Inc. 0.84% 14,700 $1.5M No change
BKNG Booking Holdings Inc. 0.79% 383 $1.4M Reduce -1.3%
FIDU Fidelity MSCI Indust Indx 0.78% 20,348 $1.4M Reduce -14.2%
JNJ Johnson & Johnson 0.78% 8,675 $1.4M Reduce -7.3%
RSP Invesco S&P 500 Equal Weight 0.75% 7,799 $1.3M New
UNH Unitedhealth Group Inc. 0.75% 2,666 $1.3M Reduce -6.5%
LLY Eli Lilly & Co. 0.71% 1,604 $1.2M Add +202.1%
NEE Nextera Energy Inc. 0.68% 18,695 $1.2M Add +7.7%
UNP Union Pacific Corp. 0.67% 4,836 $1.2M No change
PG The Procter & Gamble Co. 0.63% 6,839 $1.1M Reduce -12.0%
HON Honeywell International Inc. 0.62% 5,382 $1.1M Reduce -10.6%
AMT American Tower Corp. 0.60% 5,414 $1.1M Reduce -2.0%
FDS Factset Research Systems Inc. 0.57% 2,200 $1000K No change
JBL Jabil Inc. 0.56% 7,381 $989K Reduce -7.0%
MRK Merck & Co. Inc. 0.54% 7,194 $949K Add +2.6%
VNLA Janus Henderson Short Durati 0.50% 18,097 $878K Reduce -20.0%
HSY The Hershey Co. 0.43% 3,923 $763K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.43% 4,683 $763K Reduce -14.2%
FMAT Fidelity MSCI Materials Indx 0.42% 14,119 $739K Add +38.3%
VTI VG Morningstar TS MKT ETF-US 0.41% 2,771 $720K Add +28.5%
GOOGL Alphabet Inc. Class A 0.40% 4,706 $710K Reduce -1.1%
CACI Caci International Inc. Class A 0.40% 1,866 $707K Reduce -0.7%
SPSB SS SPDR P St C Corp. ETF 0.40% 23,631 $703K Add +16.8%
VOYA Voya Financial Inc. 0.39% 9,432 $697K Add +0.9%
CAH Cardinal Health Inc. 0.39% 6,217 $696K Add +13.1%
POST Post Holdings Inc. filed as POST HLDGS INC 0.38% 6,300 $670K Reduce -1.2%
AVGO Broadcom Inc. 0.35% 473 $627K Reduce -8.7%
V Visa Inc. Class A 0.33% 2,119 $591K Reduce -10.5%
PGR Progressive Corp. 0.33% 2,851 $590K Reduce -6.6%
ALLY Ally Financial Inc. 0.33% 14,460 $587K Add +36.4%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.32% 10,994 $572K Add +24.4%
XOM Exxon Mobil Corp. 0.31% 4,700 $546K Reduce -6.7%
CMCSA Comcast Corp. Class A 0.28% 11,302 $490K Add +11.1%
IWP iShares Russell Mid-Cap Grow 0.28% 4,264 $487K No change
GGG Graco Inc. 0.27% 5,154 $482K Reduce -3.6%
CTSH Cognizant Tech Solutions-A 0.26% 6,200 $454K No change
IJS iShares S&P Small-Cap 600 Va 0.26% 4,404 $453K Reduce -1.1%
UTHR United Therapeutics Corp. 0.25% 1,945 $447K Add +19.0%
IVOV Vanguard S&P Mid-Cap 400 Val 0.24% 4,769 $433K Reduce -0.8%
EG Everest Group Ltd. 0.24% 1,072 $426K Reduce -5.6%
MDY State Street SPDR S&P Midcap 0.24% 755 $420K Reduce -18.7%
FUTY Fidelity MSCI US Utilities 0.23% 9,422 $400K Add +14.2%
LIN Linde PLC 0.23% 860 $399K No change
BIIB Biogen Inc. 0.22% 1,807 $390K Reduce -39.8%
IJR iShares Core S&P Small-Cap E 0.22% 3,501 $387K Reduce -15.8%
SHW The Sherwin-Williams Co. 0.22% 1,098 $381K No change
MCD McDonald's Corp. 0.22% 1,351 $381K Add +2.0%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.21% 7,376 $379K New
NXST Nexstar Media Group Inc. 0.21% 2,181 $376K Add +66.5%
ELV Elevance Health Inc. 0.19% 636 $330K No change
MDYG SS SPDR S&P 400 MC GR ETF 0.18% 3,560 $311K Reduce -1.1%
CW Curtiss-Wright Corp. 0.17% 1,199 $307K Reduce -2.6%
LKQ LKQ Corp. 0.17% 5,670 $303K Add +28.1%
PEP Pepsico Inc. 0.17% 1,670 $292K Reduce -42.1%
MAMA Mama's Creations Inc. 0.16% 58,303 $292K New
IWR iShares Russell Mid-Cap ETF 0.16% 3,432 $289K No change
HRMY Harmony Biosciences Holdings 0.16% 8,257 $277K New
KO The Coca-Cola Co. 0.15% 4,359 $267K Reduce -58.8%
ABBV Abbvie Inc. 0.14% 1,399 $255K Reduce -17.0%
QCOM Qualcomm Inc. 0.14% 1,500 $254K No change
ZTS Zoetis Inc. 0.14% 1,452 $246K Reduce -10.7%
ACN Accenture PLC Class A 0.13% 687 $238K New
SPYM Ste STR SPDR PT S&P 500 ETF 0.13% 3,814 $235K New
WMT Walmart Inc. 0.13% 3,735 $225K New
GPK Graphic Packaging Holding Co. 0.12% 7,464 $218K New
IBTX Independent Bank Group Inc. 0.12% 4,604 $210K No change
ARCB Arcbest Corp. 0.12% 1,450 $207K New
XLK SS Technology Select Sector 0.12% 986 $205K Reduce -36.8%
ARQ Arq Inc. 0.04% 12,220 $79K No change

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -2.3% 5.44% −1.34
STIP iShares 0-5 Year Tips Bond E Sold out 0.00% −1.21
RIO Rio Tinto PLC-Spon ADR Sold out 0.00% −0.69
IVV iShares Core S&P 500 ETF Reduce -7.5% 6.16% −0.41
AMGN Amgen Inc. Sold out 0.00% −0.34
ABT Abbott Laboratories Sold out 0.00% −0.29
CVX Chevron Corp. Sold out 0.00% −0.29
BIIB Biogen Inc. Reduce -39.8% 0.22% −0.26
KO The Coca-Cola Co. Reduce -58.8% 0.15% −0.23
JPM JPMorgan Chase & Co. Reduce -24.2% 1.06% −0.23
GVI iShares Intermediate Governm Reduce -3.0% 1.71% −0.22
IVE iShares S&P 500 Value ETF Reduce -7.3% 2.16% −0.19
FENY Fidelity MSCI Energy Index Reduce -13.0% 1.63% −0.18
IMKTA Ingles Markets Inc. Class A Sold out 0.00% −0.18
VZ Verizon Communications Inc. Sold out 0.00% −0.18
UNH Unitedhealth Group Inc. Reduce -6.5% 0.75% −0.17
VNLA Janus Henderson Short Durati Reduce -20.0% 0.50% −0.17
COP Conocophillips Sold out 0.00% −0.15
HON Honeywell International Inc. Reduce -10.6% 0.62% −0.15
LFUS Littelfuse Inc. Sold out 0.00% −0.14
PEP Pepsico Inc. Reduce -42.1% 0.17% −0.14
FDIS Fidelity MSCI Cons Discr Ind Sold out 0.00% −0.13
PYPL PayPal Holdings Inc. Sold out 0.00% −0.13
SWX Southwest Gas Holdings Inc. Sold out 0.00% −0.13
AMT American Tower Corp. Reduce -2.0% 0.60% −0.13
BAC Bank of America Corp. Sold out 0.00% −0.12
FNCL Fidelity MSCI Financial Indx Sold out 0.00% −0.12
JNJ Johnson & Johnson Reduce -7.3% 0.78% −0.12
MDRX Veradigm Inc. Sold out 0.00% −0.12
FIDU Fidelity MSCI Indust Indx Reduce -14.2% 0.78% −0.11
MCHP Microchip Technology Inc. Reduce -1.5% 0.96% −0.10
SPY SS SPDR S&P 500 ETF Trust-US Reduce -8.6% 1.24% −0.10
PG The Procter & Gamble Co. Reduce -12.0% 0.63% −0.07
VTV Vanguard Mrngstr Val ETF-Aui Reduce -14.2% 0.43% −0.07
XLK SS Technology Select Sector Reduce -36.8% 0.12% −0.07
JBL Jabil Inc. Reduce -7.0% 0.56% −0.06
BKNG Booking Holdings Inc. Reduce -1.3% 0.79% −0.06
ZTS Zoetis Inc. Reduce -10.7% 0.14% −0.06
IJR iShares Core S&P Small-Cap E Reduce -15.8% 0.22% −0.06
MDY State Street SPDR S&P Midcap Reduce -18.7% 0.24% −0.05
V Visa Inc. Class A Reduce -10.5% 0.33% −0.04
HD Home Depot Inc. Reduce -4.7% 0.95% −0.03
IJS iShares S&P Small-Cap 600 Va Reduce -1.1% 0.26% −0.03
ABBV Abbvie Inc. Reduce -17.0% 0.14% −0.02
IVOV Vanguard S&P Mid-Cap 400 Val Reduce -0.8% 0.24% −0.01
GGG Graco Inc. Reduce -3.6% 0.27% −0.01
COST Costco Wholesale Corp. Reduce -2.7% 2.30% −0.01
GOOGL Alphabet Inc. Class A Reduce -1.1% 0.40% −0.01
EG Everest Group Ltd. Reduce -5.6% 0.24% −0.01
AVGO Broadcom Inc. Reduce -8.7% 0.35% −0.00

Portfolio Buys Q4 2023 → Q1 2024
EMXC iShares MSCI Emr MRK Ex Chna Add +53.8% 7.33% +2.35
SLQD iShares 0-5 YR Inv GRD Corp. Add +103.7% 2.05% +0.96
GSIE Goldman Sachs Activebeta Int Add +16.5% 8.32% +0.95
NVDA Nvidia Corp. Add +0.3% 2.15% +0.88
RSP Invesco S&P 500 Equal Weight New 0.75% +0.75
LLY Eli Lilly & Co. Add +202.1% 0.71% +0.52
CVSA Covista Inc. New 0.21% +0.21
MSFT Microsoft Corp. Add +0.2% 5.56% +0.18
MAMA Mama's Creations Inc. New 0.16% +0.16
IJK iShares S&P Mid-Cap 400 Grow Add +3.8% 1.77% +0.16
HRMY Harmony Biosciences Holdings New 0.16% +0.16
ACN Accenture PLC Class A New 0.13% +0.13
SPYM Ste STR SPDR PT S&P 500 ETF New 0.13% +0.13
P Everpure Inc. Class A Add +24.4% 0.32% +0.13
WMT Walmart Inc. New 0.13% +0.13
GPK Graphic Packaging Holding Co. New 0.12% +0.12
ARCB Arcbest Corp. New 0.12% +0.12
FMAT Fidelity MSCI Materials Indx Add +38.3% 0.42% +0.11
ALLY Ally Financial Inc. Add +36.4% 0.33% +0.10
VTI VG Morningstar TS MKT ETF-US Add +28.5% 0.41% +0.09
NXST Nexstar Media Group Inc. Add +66.5% 0.21% +0.09
TMO Thermo Fisher Scientific Inc. Add +4.5% 1.38% +0.07
MRK Merck & Co. Inc. Add +2.6% 0.54% +0.07
GOOG Alphabet Inc. Class C Add +2.5% 2.60% +0.05
CAH Cardinal Health Inc. Add +13.1% 0.39% +0.05
BUFR FT Vest Lad Buffervetf-Usd I Add +5.3% 2.11% +0.04
LKQ LKQ Corp. Add +28.1% 0.17% +0.04
UTHR United Therapeutics Corp. Add +19.0% 0.25% +0.03
IJJ iShares S&P Mid-Cap 400 Valu Add +6.2% 1.95% +0.03
NEE Nextera Energy Inc. Add +7.7% 0.68% +0.03
SPSB SS SPDR P St C Corp. ETF Add +16.8% 0.40% +0.03
FUTY Fidelity MSCI US Utilities Add +14.2% 0.23% +0.02
CMCSA Comcast Corp. Class A Add +11.1% 0.28% +0.00
IJT iShares S&P Small-Cap 600 GR Add +2.9% 1.48% −0.01
VOYA Voya Financial Inc. Add +0.9% 0.39% −0.02
MCD McDonald's Corp. Add +2.0% 0.22% −0.03
ADBE Adobe Inc. Add +0.3% 1.20% −0.34

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 93$236.8MEMXC, GSIE, VNLA, AAPL, IVV
Q1 2026 99$230.1MGSIE, EMXC, VNLA, AAPL, IVV
Q4 2025 103$232.5MGSIE, EMXC, VNLA, AAPL, IVV
Q3 2025 108$223.0MGSIE, EMXC, VNLA, AAPL, IVV
Q2 2025 104$208.0MGSIE, EMXC, VNLA, MSFT, AAPL
Q1 2025 102$194.1MGSIE, EMXC, VNLA, AAPL, IVV
Q4 2024 102$210.4MGSIE, AAPL, IVV, EMXC, MSFT
Q3 2024 106$209.9MGSIE, EMXC, IVV, AAPL, MSFT
Q2 2024 103$193.4MGSIE, EMXC, AAPL, IVV, MSFT
Q1 2024 102$176.8MGSIE, EMXC, IVV, MSFT, AAPL