Trail Ridge Investment Advisors, LLC

Name: Trail Ridge Investment Advisors, LLC 13F holdings, Q1 2025
Creator: Trail Ridge Investment Advisors, LLC
Published: 2025-05-02

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Trail Ridge Investment Advisors, LLC reported 102 stock positions worth $194.1 million. Its top holding was Goldman Sachs Activebeta Int (GSIE) at 9.2% of the portfolio, followed by iShares MSCI Emr MRK Ex Chna (EMXC, 7.5%) and Janus Henderson Short Durati (VNLA, 6.8%). Compared with Q4 2024, it opened 7 new positions, sold out of 7, added to 28 and reduced 54. The biggest buy was Janus Henderson Short Durati (VNLA, shares +56%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −93%).

Most Recent 13F: Q2 2026
Location: FORT COLLINS, CO
CIK: 0001911013
Portfolio Value: $194.1M (Q1 2025)
SEC Filing: 0001754960-25-000265 ↗ filed May 2, 2025

Holdings Value

Holdings 102 stocks · $194.1M


GSIE Goldman Sachs Activebeta Int	9.23%	502,932	$17.9M	Add +7.5%
EMXC iShares MSCI Emr MRK Ex Chna	7.50%	264,333	$14.6M	Add +7.8%
VNLA Janus Henderson Short Durati	6.81%	269,159	$13.2M	Add +56.0%
AAPL Apple Inc.	6.14%	53,636	$11.9M	Reduce -6.5%
IVV iShares Core S&P 500 ETF	5.13%	17,723	$10.0M	Reduce -25.1%
MSFT Microsoft Corp.	4.36%	22,532	$8.5M	Reduce -6.8%
COST Costco Wholesale Corp.	2.64%	5,414	$5.1M	Reduce -2.0%
GVI iShares Intermediate Governm	2.38%	43,569	$4.6M	Add +32.8%
GOOG Alphabet Inc. Class C	2.29%	28,470	$4.4M	Reduce -9.4%
BUFR FT Vest Lad Buffervetf-Usd I	2.23%	145,541	$4.3M	Add +42.0%
NVDA Nvidia Corp.	2.11%	37,809	$4.1M	Reduce -13.1%
IJJ iShares S&P Mid-Cap 400 Valu	2.00%	32,483	$3.9M	Add +3.3%
SLQD iShares 0-5 YR Inv GRD Corp.	1.95%	75,374	$3.8M	Reduce -8.4%
AMZN Amazon.com Inc.	1.94%	19,792	$3.8M	Reduce -10.1%
IJK iShares S&P Mid-Cap 400 Grow	1.63%	38,013	$3.2M	Add +2.5%
ETN Eaton Corp. PLC	1.56%	11,173	$3.0M	Reduce -0.1%
MA Mastercard Inc. Class A	1.56%	5,521	$3.0M	Reduce -2.9%
IVE iShares S&P 500 Value ETF	1.50%	15,286	$2.9M	Reduce -25.2%
FENY Fidelity MSCI Energy Index	1.46%	110,714	$2.8M	Reduce -5.3%
TOL Toll Brothers Inc.	1.39%	25,624	$2.7M	Add +0.5%
IJT iShares S&P Small-Cap 600 GR	1.37%	21,310	$2.7M	Add +1.4%
BRK.B Berkshire Hathaway Inc. Class B	1.24%	4,512	$2.4M	Reduce -11.4%
JPM JPMorgan Chase & Co.	1.12%	8,876	$2.2M	Reduce -9.0%
BLK BlackRock Inc.	1.05%	2,159	$2.0M	Reduce -1.2%
OEF iShares S&P 100 ETF	1.05%	7,508	$2.0M	No change
TMO Thermo Fisher Scientific Inc.	0.99%	3,866	$1.9M	Reduce -4.5%
PHM Pultegroup Inc.	0.99%	18,622	$1.9M	No change
CB Chubb Ltd.	0.98%	6,278	$1.9M	Add +2.4%
BKNG Booking Holdings Inc.	0.91%	383	$1.8M	No change
CHD Church & Dwight Co. Inc.	0.89%	15,626	$1.7M	No change
ROP Roper Technologies Inc.	0.88%	2,913	$1.7M	No change
ADBE Adobe Inc.	0.83%	4,201	$1.6M	Reduce -3.4%
SPY SS SPDR S&P 500 ETF Trust-US	0.81%	2,796	$1.6M	Reduce -25.0%
HD Home Depot Inc.	0.78%	4,138	$1.5M	Reduce -7.0%
FSS Federal Signal Corp.	0.76%	19,970	$1.5M	Reduce -0.6%
UNH Unitedhealth Group Inc.	0.74%	2,739	$1.4M	Reduce -7.3%
RSP Invesco S&P 500 Equal Weight	0.73%	8,207	$1.4M	Reduce -21.8%
NEE Nextera Energy Inc.	0.70%	19,037	$1.3M	Reduce -0.9%
COO The Cooper Cos Inc.	0.64%	14,700	$1.2M	No change
AMT American Tower Corp.	0.60%	5,336	$1.2M	Reduce -0.2%
LLY Eli Lilly & Co.	0.59%	1,397	$1.2M	Reduce -14.3%
UNP Union Pacific Corp.	0.59%	4,836	$1.1M	Reduce -0.3%
FIDU Fidelity MSCI Indust Indx	0.56%	15,843	$1.1M	Reduce -32.4%
JNJ Johnson & Johnson	0.55%	6,416	$1.1M	Reduce -18.9%
FDS Factset Research Systems Inc.	0.52%	2,200	$1.0M	No change
FMAT Fidelity MSCI Materials Indx	0.48%	19,251	$930K	Add +23.1%
CAH Cardinal Health Inc.	0.47%	6,636	$914K	Add +2.4%
JBL Jabil Inc.	0.45%	6,409	$872K	Reduce -16.1%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC	0.44%	8,564	$862K	Add +6.7%
POST Post Holdings Inc. filed as POST HLDGS INC	0.42%	6,998	$814K	Add +4.5%
PGR Progressive Corp.	0.42%	2,861	$810K	Reduce -3.5%
AVGO Broadcom Inc.	0.40%	4,659	$780K	Reduce -24.5%
PG The Procter & Gamble Co.	0.39%	4,468	$761K	Reduce -36.3%
GOOGL Alphabet Inc. Class A	0.37%	4,701	$727K	Reduce -1.4%
SPSB SS SPDR P St C Corp. ETF	0.36%	23,213	$699K	Reduce -4.1%
UTHR United Therapeutics Corp.	0.35%	2,212	$682K	Add +4.0%
VOYA Voya Financial Inc.	0.35%	10,027	$679K	Add +2.7%
LRN Stride Inc.	0.34%	5,283	$668K	Add +4.3%
CACI Caci International Inc. Class A	0.34%	1,812	$665K	Reduce -7.3%
VTV Vanguard Mrngstr Val ETF-Aui	0.33%	3,665	$633K	Reduce -23.6%
V Visa Inc. Class A	0.32%	1,765	$619K	Reduce -23.3%
ALLY Ally Financial Inc.	0.30%	16,126	$588K	Add +5.6%
P Everpure Inc. Class A filed as PURE STORAGE INC	0.30%	12,945	$573K	Add +7.9%
XOM Exxon Mobil Corp.	0.29%	4,700	$559K	No change
MRK Merck & Co. Inc.	0.27%	5,741	$515K	Reduce -19.2%
IWP iShares Russell Mid-Cap Grow	0.26%	4,293	$504K	No change
MAMA Mama's Creations Inc.	0.25%	74,647	$486K	Add +4.3%
CTSH Cognizant Tech Solutions-A	0.24%	6,200	$474K	No change
GGG Graco Inc.	0.24%	5,654	$472K	Add +3.9%
IJS iShares S&P Small-Cap 600 Va	0.22%	4,363	$425K	Reduce -0.3%
SPYM Ste STR SPDR PT S&P 500 ETF	0.22%	6,463	$425K	Add +1.8%
FUTY Fidelity MSCI US Utilities	0.22%	8,329	$424K	Reduce -20.9%
CW Curtiss-Wright Corp.	0.22%	1,326	$421K	Add +4.3%
EG Everest Group Ltd.	0.21%	1,119	$407K	Reduce -21.3%
IVW iShares S&P 500 Growth ETF	0.20%	4,133	$384K	Add +8.1%
MCD McDonald's Corp.	0.20%	1,221	$381K	Reduce -15.9%
MDY State Street SPDR S&P Midcap	0.18%	669	$357K	Reduce -7.0%
VZ Verizon Communications Inc.	0.18%	7,762	$352K	New
CMCSA Comcast Corp. Class A	0.18%	9,327	$344K	Reduce -21.3%
WMT Walmart Inc.	0.17%	3,827	$336K	Reduce -15.5%
IVOV Vanguard S&P Mid-Cap 400 Val	0.17%	3,634	$334K	Reduce -3.2%
HRMY Harmony Biosciences Holdings	0.17%	9,810	$326K	Add +8.5%
ABBV Abbvie Inc.	0.16%	1,522	$319K	Reduce -20.2%
IJR iShares Core S&P Small-Cap E	0.15%	2,699	$282K	Reduce -16.4%
KO The Coca-Cola Co.	0.14%	3,927	$281K	Reduce -14.4%
PBI Pitney Bowes Inc.	0.14%	29,538	$267K	New
GPK Graphic Packaging Holding Co.	0.14%	10,147	$263K	Add +7.3%
XLK SS Technology Select Sector	0.13%	1,257	$260K	Add +27.5%
SSB Southstate Bank Corp.	0.13%	2,762	$256K	New
BIIB Biogen Inc.	0.13%	1,807	$247K	No change
SPMO Invesco S&P 500 Momentum ETF	0.13%	2,632	$244K	New
VTI VG Morningstar TS MKT ETF-US	0.12%	866	$238K	Reduce -93.2%
AFL Aflac Inc.	0.12%	2,139	$238K	No change
IWR iShares Russell Mid-Cap ETF	0.12%	2,755	$234K	Reduce -28.2%
HCSG Healthcare Services Group	0.12%	23,233	$234K	Add +4.7%
QCOM Qualcomm Inc.	0.12%	1,517	$233K	Reduce -1.0%
ED Consolidated Edison Inc.	0.11%	2,000	$221K	New
QUAL iShares MSCI USA Quality Fac	0.11%	1,270	$217K	New
MDYG SS SPDR S&P 400 MC GR ETF	0.11%	2,639	$210K	Reduce -1.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.11%	5,023	$210K	Reduce -21.5%
SANM Sanmina Corp.	0.10%	2,632	$201K	New
ARQ Arq Inc.	0.03%	12,220	$51K	No change

Portfolio Sells Q4 2024 → Q1 2025


VTI VG Morningstar TS MKT ETF-US	Reduce -93.2%	0.12%	−1.64
IVV iShares Core S&P 500 ETF	Reduce -25.1%	5.13%	−1.49
AAPL Apple Inc.	Reduce -6.5%	6.14%	−0.69
NVDA Nvidia Corp.	Reduce -13.1%	2.11%	−0.67
HON Honeywell International Inc.	Sold out	0.00%	−0.58
GOOG Alphabet Inc. Class C	Reduce -9.4%	2.29%	−0.55
MCHP Microchip Technology Inc.	Sold out	0.00%	−0.50
MSFT Microsoft Corp.	Reduce -6.8%	4.36%	−0.49
AMZN Amazon.com Inc.	Reduce -10.1%	1.94%	−0.36
IVE iShares S&P 500 Value ETF	Reduce -25.2%	1.50%	−0.35
HSY The Hershey Co.	Sold out	0.00%	−0.32
AVGO Broadcom Inc.	Reduce -24.5%	0.40%	−0.28
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -25.0%	0.81%	−0.23
FIDU Fidelity MSCI Indust Indx	Reduce -32.4%	0.56%	−0.22
ETN Eaton Corp. PLC	Reduce -0.1%	1.56%	−0.20
NXST Nexstar Media Group Inc.	Sold out	0.00%	−0.18
PG The Procter & Gamble Co.	Reduce -36.3%	0.39%	−0.17
RSP Invesco S&P 500 Equal Weight	Reduce -21.8%	0.73%	−0.14
IBTX Independent Bank Group Inc.	Sold out	0.00%	−0.13
ACN Accenture PLC Class A	Sold out	0.00%	−0.13
FSS Federal Signal Corp.	Reduce -0.6%	0.76%	−0.13
NFLX Netflix Inc.	Sold out	0.00%	−0.12
ADBE Adobe Inc.	Reduce -3.4%	0.83%	−0.09
JBL Jabil Inc.	Reduce -16.1%	0.45%	−0.07
MRK Merck & Co. Inc.	Reduce -19.2%	0.27%	−0.07
VTV Vanguard Mrngstr Val ETF-Aui	Reduce -23.6%	0.33%	−0.06
GOOGL Alphabet Inc. Class A	Reduce -1.4%	0.37%	−0.05
HD Home Depot Inc.	Reduce -7.0%	0.78%	−0.04
IWR iShares Russell Mid-Cap ETF	Reduce -28.2%	0.12%	−0.04
EG Everest Group Ltd.	Reduce -21.3%	0.21%	−0.04
CMCSA Comcast Corp. Class A	Reduce -21.3%	0.18%	−0.03
CACI Caci International Inc. Class A	Reduce -7.3%	0.34%	−0.03
IJR iShares Core S&P Small-Cap E	Reduce -16.4%	0.15%	−0.03
V Visa Inc. Class A	Reduce -23.3%	0.32%	−0.03
BAC Bank of America Corp.	Reduce -21.5%	0.11%	−0.03
FUTY Fidelity MSCI US Utilities	Reduce -20.9%	0.22%	−0.03
WMT Walmart Inc.	Reduce -15.5%	0.17%	−0.02
BLK BlackRock Inc.	Reduce -1.2%	1.05%	−0.01
MDY State Street SPDR S&P Midcap	Reduce -7.0%	0.18%	−0.01
TMO Thermo Fisher Scientific Inc.	Reduce -4.5%	0.99%	−0.01
IJS iShares S&P Small-Cap 600 Va	Reduce -0.3%	0.22%	−0.01
LLY Eli Lilly & Co.	Reduce -14.3%	0.59%	−0.00
MCD McDonald's Corp.	Reduce -15.9%	0.20%	−0.00
MDYG SS SPDR S&P 400 MC GR ETF	Reduce -1.3%	0.11%	−0.00
IVOV Vanguard S&P Mid-Cap 400 Val	Reduce -3.2%	0.17%	+0.00
ABBV Abbvie Inc.	Reduce -20.2%	0.16%	+0.00
JNJ Johnson & Johnson	Reduce -18.9%	0.55%	+0.00
SLQD iShares 0-5 YR Inv GRD Corp.	Reduce -8.4%	1.95%	+0.01
QCOM Qualcomm Inc.	Reduce -1.0%	0.12%	+0.01
KO The Coca-Cola Co.	Reduce -14.4%	0.14%	+0.01

Portfolio Buys Q4 2024 → Q1 2025


VNLA Janus Henderson Short Durati	Add +56.0%	6.81%	+2.80
GSIE Goldman Sachs Activebeta Int	Add +7.5%	9.23%	+1.82
EMXC iShares MSCI Emr MRK Ex Chna	Add +7.8%	7.50%	+1.04
GVI iShares Intermediate Governm	Add +32.8%	2.38%	+0.75
BUFR FT Vest Lad Buffervetf-Usd I	Add +42.0%	2.23%	+0.74
VZ Verizon Communications Inc.	New	0.18%	+0.18
CB Chubb Ltd.	Add +2.4%	0.98%	+0.17
PBI Pitney Bowes Inc.	New	0.14%	+0.14
IJJ iShares S&P Mid-Cap 400 Valu	Add +3.3%	2.00%	+0.14
SSB Southstate Bank Corp.	New	0.13%	+0.13
SPMO Invesco S&P 500 Momentum ETF	New	0.13%	+0.13
FMAT Fidelity MSCI Materials Indx	Add +23.1%	0.48%	+0.12
ED Consolidated Edison Inc.	New	0.11%	+0.11
QUAL iShares MSCI USA Quality Fac	New	0.11%	+0.11
CAH Cardinal Health Inc.	Add +2.4%	0.47%	+0.11
SANM Sanmina Corp.	New	0.10%	+0.10
CVSA Covista Inc.	Add +6.7%	0.44%	+0.10
LRN Stride Inc.	Add +4.3%	0.34%	+0.09
POST Post Holdings Inc.	Add +4.5%	0.42%	+0.06
ALLY Ally Financial Inc.	Add +5.6%	0.30%	+0.04
VOYA Voya Financial Inc.	Add +2.7%	0.35%	+0.03
IJK iShares S&P Mid-Cap 400 Grow	Add +2.5%	1.63%	+0.03
GGG Graco Inc.	Add +3.9%	0.24%	+0.03
XLK SS Technology Select Sector	Add +27.5%	0.13%	+0.02
HRMY Harmony Biosciences Holdings	Add +8.5%	0.17%	+0.02
IJT iShares S&P Small-Cap 600 GR	Add +1.4%	1.37%	+0.01
GPK Graphic Packaging Holding Co.	Add +7.3%	0.14%	+0.01
IVW iShares S&P 500 Growth ETF	Add +8.1%	0.20%	+0.01
SPYM Ste STR SPDR PT S&P 500 ETF	Add +1.8%	0.22%	+0.01
CW Curtiss-Wright Corp.	Add +4.3%	0.22%	+0.00
HCSG Healthcare Services Group	Add +4.7%	0.12%	−0.00
UTHR United Therapeutics Corp.	Add +4.0%	0.35%	−0.01
MAMA Mama's Creations Inc.	Add +4.3%	0.25%	−0.02
P Everpure Inc. Class A	Add +7.9%	0.30%	−0.06
TOL Toll Brothers Inc.	Add +0.5%	1.39%	−0.13

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	93	$236.8M	EMXC, GSIE, VNLA, AAPL, IVV
Q1 2026	99	$230.1M	GSIE, EMXC, VNLA, AAPL, IVV
Q4 2025	103	$232.5M	GSIE, EMXC, VNLA, AAPL, IVV
Q3 2025	108	$223.0M	GSIE, EMXC, VNLA, AAPL, IVV
Q2 2025	104	$208.0M	GSIE, EMXC, VNLA, MSFT, AAPL
Q1 2025	102	$194.1M	GSIE, EMXC, VNLA, AAPL, IVV
Q4 2024	102	$210.4M	GSIE, AAPL, IVV, EMXC, MSFT
Q3 2024	106	$209.9M	GSIE, EMXC, IVV, AAPL, MSFT
Q2 2024	103	$193.4M	GSIE, EMXC, AAPL, IVV, MSFT
Q1 2024	102	$176.8M	GSIE, EMXC, IVV, MSFT, AAPL