Trail Ridge Investment Advisors, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 28, 2026), Trail Ridge Investment Advisors, LLC reported 103 stock positions worth $232.5 million. Its top holding was Goldman Sachs Activebeta Int (GSIE) at 9.3% of the portfolio, followed by iShares MSCI Emr MRK Ex Chna (EMXC, 7.6%) and Janus Henderson Short Durati (VNLA, 7.0%). Compared with Q3 2025, it opened 1 new position, sold out of 6, added to 63 and reduced 20. The biggest buy was Alphabet Class C (GOOG, shares +1%) and the biggest sale FT Vest Lad Buffervetf-Usd I (BUFR, shares −32%).

Most Recent 13F
Q2 2026
Location
FORT COLLINS, CO
CIK
0001911013
Portfolio Value
$232.5M (Q4 2025)
SEC Filing
0001754960-26-000135 ↗ filed Jan 28, 2026

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 Q3 2025 Q4 2025: $232.5M $232.5M Q4 2025 Q1 2026: $230.1M Q1 2026 Q2 2026: $236.8M Q2 2026

Holdings 103 stocks · $232.5M
GSIE Goldman Sachs Activebeta Int 9.34% 505,853 $21.7M Add +6.0%
EMXC iShares MSCI Emr MRK Ex Chna 7.58% 242,538 $17.6M Add +6.5%
VNLA Janus Henderson Short Durati 7.04% 333,038 $16.4M Add +16.2%
AAPL Apple Inc. 6.32% 54,081 $14.7M Add +1.3%
IVV iShares Core S&P 500 ETF 5.20% 17,643 $12.1M Add +1.9%
MSFT Microsoft Corp. 4.64% 22,333 $10.8M Add +1.0%
GOOG Alphabet Inc. Class C 3.85% 28,554 $9.0M Add +1.3%
NVDA Nvidia Corp. 3.07% 38,336 $7.1M Add +1.9%
GVI iShares Intermediate Governm 2.20% 47,750 $5.1M Add +6.3%
AMZN Amazon.com Inc. 2.02% 20,352 $4.7M Add +2.9%
COST Costco Wholesale Corp. 2.02% 5,435 $4.7M Add +0.6%
IJJ iShares S&P Mid-Cap 400 Valu 1.85% 32,636 $4.3M Add +3.3%
SLQD iShares 0-5 YR Inv GRD Corp. 1.75% 80,396 $4.1M Add +5.8%
IJK iShares S&P Mid-Cap 400 Grow 1.61% 38,620 $3.7M Add +3.7%
ETN Eaton Corp. PLC 1.52% 11,106 $3.5M No change
TOL Toll Brothers Inc. 1.51% 25,899 $3.5M Add +1.9%
IVE iShares S&P 500 Value ETF 1.39% 15,249 $3.2M Add +4.0%
MA Mastercard Inc. Class A 1.36% 5,554 $3.2M Add +0.9%
IJT iShares S&P Small-Cap 600 GR 1.30% 21,423 $3.0M Add +2.7%
BUFR FT Vest Lad Buffervetf-Usd I 1.28% 86,781 $3.0M Reduce -32.0%
JPM JPMorgan Chase & Co. 1.21% 8,742 $2.8M Add +1.1%
FENY Fidelity MSCI Energy Index 1.16% 109,204 $2.7M Add +4.0%
OEF iShares S&P 100 ETF 1.11% 7,514 $2.6M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 1.00% 4,639 $2.3M Add +3.2%
BLK BlackRock Inc. 1.00% 2,166 $2.3M Add +0.3%
FSS Federal Signal Corp. 0.96% 20,574 $2.2M Add +2.6%
TMO Thermo Fisher Scientific Inc. 0.93% 3,739 $2.2M Add +0.2%
BKNG Booking Holdings Inc. 0.88% 383 $2.1M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.87% 2,955 $2.0M Reduce -0.3%
PHM Pultegroup Inc. 0.84% 16,705 $2.0M No change
EFA iShares MSCI Eafe ETF 0.83% 20,172 $1.9M No change
CB Chubb Ltd. 0.82% 6,133 $1.9M No change
AVGO Broadcom Inc. 0.75% 5,010 $1.7M Add +3.2%
NEE Nextera Energy Inc. 0.70% 20,418 $1.6M Add +0.9%
RSP Invesco S&P 500 Equal Weight 0.68% 8,258 $1.6M Add +3.2%
JBL Jabil Inc. 0.67% 6,848 $1.6M Add +6.8%
CAH Cardinal Health Inc. 0.65% 7,340 $1.5M Add +7.7%
GOOGL Alphabet Inc. Class A 0.64% 4,777 $1.5M Add +1.1%
LLY Eli Lilly & Co. 0.64% 1,389 $1.5M Add +1.0%
ADBE Adobe Inc. 0.63% 4,163 $1.5M Add +0.2%
HD Home Depot Inc. 0.62% 4,199 $1.4M Add +2.1%
FIDU Fidelity MSCI Indust Indx 0.61% 17,175 $1.4M Add +11.8%
JNJ Johnson & Johnson 0.57% 6,459 $1.3M Add +1.3%
CHD Church & Dwight Co. Inc. 0.56% 15,626 $1.3M No change
ROP Roper Technologies Inc. 0.56% 2,913 $1.3M No change
UTHR United Therapeutics Corp. 0.52% 2,482 $1.2M Add +10.0%
CACI Caci International Inc. Class A 0.50% 2,167 $1.2M Add +7.7%
UNP Union Pacific Corp. 0.48% 4,851 $1.1M Reduce -4.9%
FMAT Fidelity MSCI Materials Indx 0.48% 20,801 $1.1M Add +7.0%
MAMA Mama's Creations Inc. 0.46% 78,680 $1.1M Add +4.3%
AMT American Tower Corp. 0.40% 5,356 $940K Reduce -1.8%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.40% 9,043 $936K Add +5.0%
COO The Cooper Cos Inc. 0.37% 10,500 $861K No change
CW Curtiss-Wright Corp. 0.35% 1,482 $817K Add +9.0%
EEM iShares MSCI Emerging Market 0.33% 14,226 $778K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.33% 3,989 $762K Reduce -0.4%
POST Post Holdings Inc. filed as POST HLDGS INC 0.32% 7,542 $747K Add +6.8%
PGR Progressive Corp. 0.31% 3,134 $714K Add +6.4%
SPSB SS SPDR P St C Corp. ETF 0.29% 22,326 $674K Add +8.6%
ALLY Ally Financial Inc. 0.29% 14,875 $674K Add +8.2%
VOYA Voya Financial Inc. 0.29% 8,946 $666K Add +7.6%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.29% 9,907 $664K Reduce -20.2%
PG The Procter & Gamble Co. 0.28% 4,510 $646K Add +0.8%
FDS Factset Research Systems Inc. 0.27% 2,200 $638K No change
V Visa Inc. Class A 0.27% 1,792 $628K Add +2.0%
MRK Merck & Co. Inc. 0.25% 5,600 $589K Reduce -0.1%
IWP iShares Russell Mid-Cap Grow 0.25% 4,293 $588K Reduce -3.3%
GGG Graco Inc. 0.24% 6,882 $564K Add +10.7%
SANM Sanmina Corp. 0.23% 3,585 $538K Add +9.8%
CTSH Cognizant Tech Solutions-A 0.22% 6,200 $515K No change
HCSG Healthcare Services Group 0.22% 26,615 $509K Add +9.5%
IJS iShares S&P Small-Cap 600 Va 0.21% 4,343 $494K Reduce -1.1%
ABBV Abbvie Inc. 0.21% 2,115 $483K Add +1.2%
FUTY Fidelity MSCI US Utilities 0.21% 8,736 $482K Add +9.4%
IVW iShares S&P 500 Growth ETF 0.20% 3,827 $472K Reduce -5.4%
IVOV Vanguard S&P Mid-Cap 400 Val 0.20% 4,588 $463K Reduce -0.5%
EG Everest Group Ltd. 0.20% 1,345 $456K Add +8.8%
XOM Exxon Mobil Corp. 0.19% 3,745 $451K Reduce -37.4%
XLK SS Technology Select Sector 0.19% 3,046 $439K Reduce -47.9%
WMT Walmart Inc. 0.17% 3,611 $402K Add +3.1%
MCD McDonald's Corp. 0.17% 1,271 $388K Add +1.2%
VZ Verizon Communications Inc. 0.16% 9,398 $383K Add +8.3%
MDY State Street SPDR S&P Midcap 0.16% 599 $361K Reduce -15.6%
KO The Coca-Cola Co. 0.15% 5,143 $360K Add +0.5%
IJR iShares Core S&P Small-Cap E 0.14% 2,798 $336K Reduce -0.8%
MDYG SS SPDR S&P 400 MC GR ETF 0.14% 3,483 $322K Reduce -0.8%
BIIB Biogen Inc. 0.14% 1,807 $318K No change
LRN Stride Inc. 0.13% 4,824 $313K Reduce -11.6%
HRMY Harmony Biosciences Holdings 0.13% 8,309 $311K Reduce -6.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.13% 5,376 $296K Add +8.1%
SPYM Ste STR SPDR PT S&P 500 ETF 0.12% 3,501 $281K Reduce -13.2%
VSH Vishay Intertechnology Inc. 0.12% 18,654 $270K New
CMCSA Comcast Corp. Class A 0.12% 9,024 $270K Add +4.0%
SSB Southstate Bank Corp. 0.11% 2,762 $260K No change
QCOM Qualcomm Inc. 0.11% 1,517 $259K No change
IWR iShares Russell Mid-Cap ETF 0.11% 2,643 $254K No change
PBI Pitney Bowes Inc. 0.11% 23,584 $249K Add +12.9%
ABT Abbott Laboratories 0.10% 1,904 $239K No change
DYNF Ishrs US E F R A ETF-Usd Inc. 0.10% 3,744 $228K Reduce -13.0%
META Meta Platforms Inc. Class A 0.09% 317 $209K No change
IWO iShares Russell 2000 Growth 0.09% 630 $203K No change
BSX Boston Scientific Corp. 0.09% 2,122 $202K No change
NFLX Netflix Inc. 0.09% 2,147 $201K Add +3.2%

Portfolio Sells Q3 2025 → Q4 2025
BUFR FT Vest Lad Buffervetf-Usd I Reduce -32.0% 1.28% −0.63
LRN Stride Inc. Reduce -11.6% 0.13% −0.23
P Everpure Inc. Class A Reduce -20.2% 0.29% −0.18
XLK SS Technology Select Sector Reduce -47.9% 0.19% −0.18
PEP Pepsico Inc. Sold out 0.00% −0.14
SSB Southstate Bank Corp. Sold out 0.00% −0.12
XOM Exxon Mobil Corp. Reduce -37.4% 0.19% −0.11
AFL Aflac Inc. Sold out 0.00% −0.11
CL Colgate-Palmolive Co. Sold out 0.00% −0.11
QUAL iShares MSCI USA Quality Fac Sold out 0.00% −0.10
ED Consolidated Edison Inc. Sold out 0.00% −0.09
AMT American Tower Corp. Reduce -1.8% 0.40% −0.07
UNP Union Pacific Corp. Reduce -4.9% 0.48% −0.06
MDY State Street SPDR S&P Midcap Reduce -15.6% 0.16% −0.03
IWP iShares Russell Mid-Cap Grow Reduce -3.3% 0.25% −0.03
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -13.2% 0.12% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.3% 0.87% −0.02
DYNF Ishrs US E F R A ETF-Usd Inc. Reduce -13.0% 0.10% −0.02
IVW iShares S&P 500 Growth ETF Reduce -5.4% 0.20% −0.02
IVOV Vanguard S&P Mid-Cap 400 Val Reduce -0.5% 0.20% −0.01
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.4% 0.33% −0.01
IJR iShares Core S&P Small-Cap E Reduce -0.8% 0.14% −0.01
MDYG SS SPDR S&P 400 MC GR ETF Reduce -0.8% 0.14% −0.01
IJS iShares S&P Small-Cap 600 Va Reduce -1.1% 0.21% −0.01
HRMY Harmony Biosciences Holdings Reduce -6.0% 0.13% +0.02
MRK Merck & Co. Inc. Reduce -0.1% 0.25% +0.04

Portfolio Buys Q3 2025 → Q4 2025
GOOG Alphabet Inc. Class C Add +1.3% 3.85% +0.78
VNLA Janus Henderson Short Durati Add +16.2% 7.04% +0.70
EMXC iShares MSCI Emr MRK Ex Chna Add +6.5% 7.58% +0.69
GSIE Goldman Sachs Activebeta Int Add +6.0% 9.34% +0.54
AAPL Apple Inc. Add +1.3% 6.32% +0.23
LLY Eli Lilly & Co. Add +1.0% 0.64% +0.17
CAH Cardinal Health Inc. Add +7.7% 0.65% +0.17
GOOGL Alphabet Inc. Class A Add +1.1% 0.64% +0.13
TMO Thermo Fisher Scientific Inc. Add +0.2% 0.93% +0.12
VSH Vishay Intertechnology Inc. New 0.12% +0.12
MAMA Mama's Creations Inc. Add +4.3% 0.46% +0.10
UTHR United Therapeutics Corp. Add +10.0% 0.52% +0.10
AMZN Amazon.com Inc. Add +2.9% 2.02% +0.07
SANM Sanmina Corp. Add +9.8% 0.23% +0.06
ALLY Ally Financial Inc. Add +8.2% 0.29% +0.05
JBL Jabil Inc. Add +6.8% 0.67% +0.05
CACI Caci International Inc. Class A Add +7.7% 0.50% +0.05
FIDU Fidelity MSCI Indust Indx Add +11.8% 0.61% +0.04
JNJ Johnson & Johnson Add +1.3% 0.57% +0.04
GVI iShares Intermediate Governm Add +6.3% 2.20% +0.04
HCSG Healthcare Services Group Add +9.5% 0.22% +0.04
IVE iShares S&P 500 Value ETF Add +4.0% 1.39% +0.03
AVGO Broadcom Inc. Add +3.2% 0.75% +0.03
SLQD iShares 0-5 YR Inv GRD Corp. Add +5.8% 1.75% +0.02
CW Curtiss-Wright Corp. Add +9.0% 0.35% +0.02
NEE Nextera Energy Inc. Add +0.9% 0.70% +0.02
FMAT Fidelity MSCI Materials Indx Add +7.0% 0.48% +0.02
BAC Bank of America Corp. Add +8.1% 0.13% +0.01
WMT Walmart Inc. Add +3.1% 0.17% +0.01
SPSB SS SPDR P St C Corp. ETF Add +8.6% 0.29% +0.01
IJJ iShares S&P Mid-Cap 400 Valu Add +3.3% 1.85% +0.01
IJK iShares S&P Mid-Cap 400 Grow Add +3.7% 1.61% +0.01
VOYA Voya Financial Inc. Add +7.6% 0.29% +0.01
GGG Graco Inc. Add +10.7% 0.24% +0.01
FUTY Fidelity MSCI US Utilities Add +9.4% 0.21% +0.01
KO The Coca-Cola Co. Add +0.5% 0.15% +0.00
EG Everest Group Ltd. Add +8.8% 0.20% +0.00
V Visa Inc. Class A Add +2.0% 0.27% +0.00
IVV iShares Core S&P 500 ETF Add +1.9% 5.20% +0.00
PBI Pitney Bowes Inc. Add +12.9% 0.11% +0.00
FENY Fidelity MSCI Energy Index Add +4.0% 1.16% −0.00
RSP Invesco S&P 500 Equal Weight Add +3.2% 0.68% −0.00
MCD McDonald's Corp. Add +1.2% 0.17% −0.00
CMCSA Comcast Corp. Class A Add +4.0% 0.12% −0.01
VZ Verizon Communications Inc. Add +8.3% 0.16% −0.01
ABBV Abbvie Inc. Add +1.2% 0.21% −0.01
BRK.B Berkshire Hathaway Inc. Class B Add +3.2% 1.00% −0.01
JPM JPMorgan Chase & Co. Add +1.1% 1.21% −0.01
OEF iShares S&P 100 ETF Add +0.1% 1.11% −0.01
POST Post Holdings Inc. Add +6.8% 0.32% −0.02

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