Trail Ridge Investment Advisors, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 20, 2025), Trail Ridge Investment Advisors, LLC reported 108 stock positions worth $223.0 million. Its top holding was Goldman Sachs Activebeta Int (GSIE) at 8.8% of the portfolio, followed by iShares MSCI Emr MRK Ex Chna (EMXC, 6.9%) and Janus Henderson Short Durati (VNLA, 6.3%). Compared with Q2 2025, it opened 7 new positions, sold out of 3, added to 76 and reduced 9. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale Cooper Cos (COO, shares −29%).

Most Recent 13F
Q2 2026
Location
FORT COLLINS, CO
CIK
0001911013
Portfolio Value
$223.0M (Q3 2025)
SEC Filing
0001754960-25-000685 ↗ filed Oct 20, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $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 $223.0M Q3 2025 Q4 2025: $232.5M Q4 2025 Q1 2026: $230.1M Q1 2026 Q2 2026: $236.8M Q2 2026

Holdings 108 stocks · $223.0M
GSIE Goldman Sachs Activebeta Int 8.80% 477,308 $19.6M Add +1.2%
EMXC iShares MSCI Emr MRK Ex Chna 6.89% 227,767 $15.4M Add +1.1%
VNLA Janus Henderson Short Durati 6.34% 286,664 $14.1M Add +2.0%
AAPL Apple Inc. 6.10% 53,394 $13.6M Add +0.6%
IVV iShares Core S&P 500 ETF 5.20% 17,313 $11.6M Add +2.4%
MSFT Microsoft Corp. 5.13% 22,106 $11.4M Add +1.3%
NVDA Nvidia Corp. 3.15% 37,609 $7.0M Add +1.4%
GOOG Alphabet Inc. Class C 3.08% 28,188 $6.9M Add +1.3%
COST Costco Wholesale Corp. 2.24% 5,404 $5.0M Add +0.1%
GVI iShares Intermediate Governm 2.16% 44,921 $4.8M Add +0.5%
AMZN Amazon.com Inc. 1.95% 19,770 $4.3M Add +1.1%
BUFR FT Vest Lad Buffervetf-Usd I 1.91% 127,617 $4.3M Add +5.4%
ETN Eaton Corp. PLC 1.86% 11,106 $4.2M No change
IJJ iShares S&P Mid-Cap 400 Valu 1.84% 31,605 $4.1M Add +1.6%
SLQD iShares 0-5 YR Inv GRD Corp. 1.73% 76,009 $3.9M Add +1.1%
IJK iShares S&P Mid-Cap 400 Grow 1.60% 37,246 $3.6M Add +1.7%
TOL Toll Brothers Inc. 1.57% 25,408 $3.5M Add +0.7%
MA Mastercard Inc. Class A 1.40% 5,505 $3.1M Add +0.3%
IVE iShares S&P 500 Value ETF 1.36% 14,664 $3.0M Add +1.4%
IJT iShares S&P Small-Cap 600 GR 1.32% 20,860 $3.0M Add +0.9%
JPM JPMorgan Chase & Co. 1.22% 8,646 $2.7M Add +0.5%
FENY Fidelity MSCI Energy Index 1.16% 104,963 $2.6M Add +0.5%
BLK BlackRock Inc. 1.13% 2,159 $2.5M No change
OEF iShares S&P 100 ETF 1.12% 7,508 $2.5M No change
FSS Federal Signal Corp. 1.07% 20,048 $2.4M Add +1.0%
BRK.B Berkshire Hathaway Inc. Class B 1.01% 4,496 $2.3M Add +0.7%
PHM Pultegroup Inc. 0.99% 16,705 $2.2M No change
BKNG Booking Holdings Inc. 0.93% 383 $2.1M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.89% 2,963 $2.0M Reduce -0.7%
EFA iShares MSCI Eafe ETF 0.84% 20,172 $1.9M No change
TMO Thermo Fisher Scientific Inc. 0.81% 3,733 $1.8M Add +0.3%
CB Chubb Ltd. 0.78% 6,133 $1.7M Reduce -1.8%
HD Home Depot Inc. 0.75% 4,113 $1.7M Add +1.4%
AVGO Broadcom Inc. 0.72% 4,854 $1.6M Add +5.4%
NEE Nextera Energy Inc. 0.69% 20,240 $1.5M Add +4.7%
RSP Invesco S&P 500 Equal Weight 0.68% 8,000 $1.5M Add +1.6%
ADBE Adobe Inc. 0.66% 4,155 $1.5M Reduce -0.9%
ROP Roper Technologies Inc. 0.65% 2,913 $1.5M No change
JBL Jabil Inc. 0.62% 6,415 $1.4M Add +0.5%
CHD Church & Dwight Co. Inc. 0.61% 15,626 $1.4M No change
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.60% 8,612 $1.3M Add +2.1%
FIDU Fidelity MSCI Indust Indx 0.56% 15,356 $1.3M Add +1.1%
UNP Union Pacific Corp. 0.54% 5,101 $1.2M Add +5.5%
JNJ Johnson & Johnson 0.53% 6,375 $1.2M Add +0.9%
GOOGL Alphabet Inc. Class A 0.51% 4,723 $1.1M Add +2.6%
CAH Cardinal Health Inc. 0.48% 6,816 $1.1M Add +1.8%
AMT American Tower Corp. 0.47% 5,456 $1.0M Add +2.3%
LLY Eli Lilly & Co. 0.47% 1,375 $1.0M Add +0.7%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.47% 12,415 $1.0M Add +3.3%
FMAT Fidelity MSCI Materials Indx 0.46% 19,450 $1.0M Add +2.9%
CACI Caci International Inc. Class A 0.45% 2,013 $1.0M Add +2.0%
UTHR United Therapeutics Corp. 0.42% 2,256 $946K Add +2.0%
XLK SS Technology Select Sector 0.37% 2,923 $824K Add +91.9%
LRN Stride Inc. 0.36% 5,454 $812K Add +1.8%
MAMA Mama's Creations Inc. 0.36% 75,450 $793K Add +2.6%
EEM iShares MSCI Emerging Market 0.34% 14,226 $760K Add +4.6%
POST Post Holdings Inc. filed as POST HLDGS INC 0.34% 7,060 $759K Add +1.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.33% 4,004 $747K Add +8.2%
CW Curtiss-Wright Corp. 0.33% 1,360 $738K Add +2.9%
PGR Progressive Corp. 0.33% 2,945 $727K Add +1.3%
COO The Cooper Cos Inc. 0.32% 10,500 $720K Reduce -28.6%
PG The Procter & Gamble Co. 0.31% 4,474 $687K Add +1.0%
XOM Exxon Mobil Corp. 0.30% 5,986 $675K Add +27.4%
IWP iShares Russell Mid-Cap Grow 0.28% 4,440 $632K Add +3.4%
FDS Factset Research Systems Inc. 0.28% 2,200 $630K No change
SPSB SS SPDR P St C Corp. ETF 0.28% 20,558 $623K Add +0.7%
VOYA Voya Financial Inc. 0.28% 8,317 $622K Add +2.0%
V Visa Inc. Class A 0.27% 1,756 $599K Add +4.7%
ALLY Ally Financial Inc. 0.24% 13,743 $539K Reduce -9.8%
GGG Graco Inc. 0.24% 6,216 $528K Add +2.9%
IVW iShares S&P 500 Growth ETF 0.22% 4,046 $488K Add +7.3%
IJS iShares S&P Small-Cap 600 Va 0.22% 4,391 $486K Add +0.2%
ABBV Abbvie Inc. 0.22% 2,090 $484K Add +47.0%
MRK Merck & Co. Inc. 0.21% 5,608 $471K Add +0.2%
IVOV Vanguard S&P Mid-Cap 400 Val 0.21% 4,613 $465K Reduce -0.3%
FUTY Fidelity MSCI US Utilities 0.20% 7,988 $451K Add +0.4%
EG Everest Group Ltd. 0.19% 1,236 $433K Add +3.3%
MDY State Street SPDR S&P Midcap 0.19% 710 $423K Add +14.5%
CTSH Cognizant Tech Solutions-A 0.19% 6,200 $416K No change
HCSG Healthcare Services Group 0.18% 24,309 $409K Add +2.6%
MCD McDonald's Corp. 0.17% 1,256 $382K Add +0.8%
VZ Verizon Communications Inc. 0.17% 8,675 $381K Reduce -0.3%
SANM Sanmina Corp. 0.17% 3,264 $376K Add +2.7%
WMT Walmart Inc. 0.16% 3,501 $361K Add +5.1%
KO The Coca-Cola Co. 0.15% 5,117 $339K Add +30.5%
IJR iShares Core S&P Small-Cap E 0.15% 2,822 $335K Add +7.7%
MDYG SS SPDR S&P 400 MC GR ETF 0.14% 3,510 $321K Reduce -0.5%
SPYM Ste STR SPDR PT S&P 500 ETF 0.14% 4,032 $316K Add +2.1%
PEP Pepsico Inc. 0.14% 2,187 $307K New
SSB Southstate Bank Corp. 0.12% 2,762 $273K No change
SSB Southstate Bank Corp. 0.12% 2,762 $273K New
CMCSA Comcast Corp. Class A 0.12% 8,681 $273K Add +0.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.12% 4,972 $257K Add +1.9%
IWR iShares Russell Mid-Cap ETF 0.11% 2,643 $255K No change
ABT Abbott Laboratories 0.11% 1,904 $255K New
DYNF Ishrs US E F R A ETF-Usd Inc. 0.11% 4,305 $255K New
BIIB Biogen Inc. 0.11% 1,807 $253K No change
QCOM Qualcomm Inc. 0.11% 1,517 $252K No change
NFLX Netflix Inc. 0.11% 208 $249K Add +5.0%
HRMY Harmony Biosciences Holdings 0.11% 8,844 $244K Add +3.5%
AFL Aflac Inc. 0.11% 2,139 $239K No change
PBI Pitney Bowes Inc. 0.11% 20,890 $238K Add +5.1%
CL Colgate-Palmolive Co. 0.11% 2,943 $235K New
META Meta Platforms Inc. Class A 0.10% 317 $233K Add +4.3%
QUAL iShares MSCI USA Quality Fac 0.10% 1,146 $223K Reduce -18.3%
BSX Boston Scientific Corp. 0.09% 2,122 $207K New
IWO iShares Russell 2000 Growth 0.09% 630 $202K New
ED Consolidated Edison Inc. 0.09% 2,000 $201K No change

Portfolio Sells Q2 2025 → Q3 2025
COO The Cooper Cos Inc. Reduce -28.6% 0.32% −0.18
SPMO Invesco S&P 500 Momentum ETF Sold out 0.00% −0.17
EFV iShares MSCI Eafe Value ETF Sold out 0.00% −0.11
BUFB Innovator Ladd Allo Buff ETF Sold out 0.00% −0.10
ADBE Adobe Inc. Reduce -0.9% 0.66% −0.06
ALLY Ally Financial Inc. Reduce -9.8% 0.24% −0.04
QUAL iShares MSCI USA Quality Fac Reduce -18.3% 0.10% −0.02
CB Chubb Ltd. Reduce -1.8% 0.78% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.7% 0.89% −0.02
VZ Verizon Communications Inc. Reduce -0.3% 0.17% −0.01
MDYG SS SPDR S&P 400 MC GR ETF Reduce -0.5% 0.14% −0.01
IVOV Vanguard S&P Mid-Cap 400 Val Reduce -0.3% 0.21% −0.01

Portfolio Buys Q2 2025 → Q3 2025
AAPL Apple Inc. Add +0.6% 6.10% +0.80
GOOG Alphabet Inc. Class C Add +1.3% 3.08% +0.50
XLK SS Technology Select Sector Add +91.9% 0.37% +0.18
PEP Pepsico Inc. New 0.14% +0.14
TOL Toll Brothers Inc. Add +0.7% 1.57% +0.14
CVSA Covista Inc. Add +2.1% 0.60% +0.13
UTHR United Therapeutics Corp. Add +2.0% 0.42% +0.13
P Everpure Inc. Class A Add +3.3% 0.47% +0.12
SSB Southstate Bank Corp. New 0.12% +0.12
ABT Abbott Laboratories New 0.11% +0.11
DYNF Ishrs US E F R A ETF-Usd Inc. New 0.11% +0.11
CL Colgate-Palmolive Co. New 0.11% +0.11
BSX Boston Scientific Corp. New 0.09% +0.09
IWO iShares Russell 2000 Growth New 0.09% +0.09
GOOGL Alphabet Inc. Class A Add +2.6% 0.51% +0.09
ABBV Abbvie Inc. Add +47.0% 0.22% +0.09
EMXC iShares MSCI Emr MRK Ex Chna Add +1.1% 6.89% +0.09
AVGO Broadcom Inc. Add +5.4% 0.72% +0.07
MAMA Mama's Creations Inc. Add +2.6% 0.36% +0.06
XOM Exxon Mobil Corp. Add +27.4% 0.30% +0.05
HCSG Healthcare Services Group Add +2.6% 0.18% +0.04
LRN Stride Inc. Add +1.8% 0.36% +0.03
IVV iShares Core S&P 500 ETF Add +2.4% 5.20% +0.03
BUFR FT Vest Lad Buffervetf-Usd I Add +5.4% 1.91% +0.03
HD Home Depot Inc. Add +1.4% 0.75% +0.03
JNJ Johnson & Johnson Add +0.9% 0.53% +0.03
NEE Nextera Energy Inc. Add +4.7% 0.69% +0.02
UNP Union Pacific Corp. Add +5.5% 0.54% +0.02
KO The Coca-Cola Co. Add +30.5% 0.15% +0.02
EEM iShares MSCI Emerging Market Add +4.6% 0.34% +0.02
VTV Vanguard Mrngstr Val ETF-Aui Add +8.2% 0.33% +0.02
CW Curtiss-Wright Corp. Add +2.9% 0.33% +0.02
MDY State Street SPDR S&P Midcap Add +14.5% 0.19% +0.02
CACI Caci International Inc. Class A Add +2.0% 0.45% +0.01
IVW iShares S&P 500 Growth ETF Add +7.3% 0.22% +0.01
IJR iShares Core S&P Small-Cap E Add +7.7% 0.15% +0.01
IJS iShares S&P Small-Cap 600 Va Add +0.2% 0.22% +0.01
WMT Walmart Inc. Add +5.1% 0.16% +0.00
VOYA Voya Financial Inc. Add +2.0% 0.28% +0.00
BAC Bank of America Corp. Add +1.9% 0.12% +0.00
FMAT Fidelity MSCI Materials Indx Add +2.9% 0.46% +0.00
NFLX Netflix Inc. Add +5.0% 0.11% +0.00
EG Everest Group Ltd. Add +3.3% 0.19% +0.00
MRK Merck & Co. Inc. Add +0.2% 0.21% +0.00
SPYM Ste STR SPDR PT S&P 500 ETF Add +2.1% 0.14% +0.00
BRK.B Berkshire Hathaway Inc. Class B Add +0.7% 1.01% +0.00
PBI Pitney Bowes Inc. Add +5.1% 0.11% −0.00
JPM JPMorgan Chase & Co. Add +0.5% 1.22% −0.00
IJT iShares S&P Small-Cap 600 GR Add +0.9% 1.32% −0.01
GGG Graco Inc. Add +2.9% 0.24% −0.01

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