Transform Wealth, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 15, 2025), Transform Wealth, LLC reported 241 stock positions worth $1.7 billion. Its top holding was Powell Industries (POWL) at 16.8% of the portfolio, followed by Apple (AAPL, 3.9%) and iShares 0-3 Month Treasury B (SGOV, 3.7%). Compared with Q4 2024, it opened 13 new positions, sold out of 31, added to 65 and reduced 136. The biggest buy was a new position in Vaneck Ig Floating Rate ETF (FLTR) and the biggest sale Powell Industries (POWL, shares −0%).
- Most Recent 13F
- Q1 2025
- Location
- GREENWOOD VILLAGE, CO
- CIK
- 0001682266
- Portfolio Value
- $1.7B (Q1 2025)
- SEC Filing
- 0001085146-25-002109 ↗ filed Apr 15, 2025
Holdings Value
Holdings 241 stocks · $1.7B
| POWL Powell Industries Inc. | 16.79% | 1,627,909 | $277.3M | Reduce -0.0% |
| AAPL Apple Inc. | 3.92% | 291,582 | $64.8M | Reduce -0.6% |
| SGOV iShares 0-3 Month Treasury B | 3.67% | 601,611 | $60.6M | Reduce -0.0% |
| MSFT Microsoft Corp. | 3.43% | 150,910 | $56.6M | Reduce -0.2% |
| NVDA Nvidia Corp. | 1.93% | 293,259 | $31.8M | Add +0.9% |
| AGG iShares Core U.S. Aggregate | 1.91% | 318,010 | $31.5M | Add +14.9% |
| AMZN Amazon.com Inc. | 1.85% | 160,930 | $30.6M | Add +3.0% |
| AVGO Broadcom Inc. | 1.73% | 170,848 | $28.6M | Reduce -6.1% |
| IVW iShares S&P 500 Growth ETF | 1.64% | 291,475 | $27.1M | Add +39.7% |
| JPM JPMorgan Chase & Co. | 1.64% | 110,301 | $27.1M | Add +1.2% |
| SCHB Schwab US Broad Market ETF | 1.41% | 1,084,059 | $23.3M | Reduce -0.0% |
| GOOGL Alphabet Inc. Class A | 1.41% | 150,577 | $23.3M | Add +1.3% |
| VOO Vanguard S&P 500 ETF | 1.39% | 44,559 | $22.9M | Reduce -8.6% |
| IVE iShares S&P 500 Value ETF | 1.35% | 116,629 | $22.2M | Reduce -20.1% |
| XLF SS Financial Select Sector | 1.29% | 427,546 | $21.3M | Add +6.2% |
| GS Goldman Sachs Group Inc. | 1.26% | 38,187 | $20.9M | Add +14.6% |
| WMT Walmart Inc. | 1.18% | 220,655 | $19.4M | Add +1.0% |
| ABBV Abbvie Inc. | 1.15% | 90,628 | $19.0M | Reduce -4.0% |
| XOM Exxon Mobil Corp. | 1.08% | 150,557 | $17.9M | Reduce -1.9% |
| IAU iShares Gold Trust | 1.08% | 302,683 | $17.8M | Add +1.5% |
| COST Costco Wholesale Corp. | 1.08% | 18,859 | $17.8M | Reduce -1.6% |
| LRCX Lam Research Corp. | 1.05% | 237,423 | $17.3M | Reduce -0.4% |
| MCK McKesson Corp. | 0.98% | 23,919 | $16.1M | Add +0.4% |
| ACN Accenture PLC Class A | 0.97% | 51,367 | $16.0M | Reduce -0.1% |
| WELL Welltower Inc. | 0.97% | 104,512 | $16.0M | Add +1.8% |
| IVV iShares Core S&P 500 ETF | 0.95% | 27,910 | $15.7M | Add +96.7% |
| CVX Chevron Corp. | 0.93% | 91,885 | $15.4M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.93% | 26,548 | $15.3M | Add +1.9% |
| JMBS Janus Henderson Mortg Backed | 0.92% | 334,255 | $15.1M | Add +9.9% |
| AER Aercap Holdings NV | 0.91% | 146,854 | $15.0M | Add +15.4% |
| FPE FT-Preferred Secur & Inc. ETF | 0.91% | 850,386 | $15.0M | Add +1.6% |
| CEG Constellation Energy | 0.90% | 74,016 | $14.9M | Add +1.6% |
| CRM Salesforce Inc. | 0.90% | 55,565 | $14.9M | Add +3.0% |
| XLK SS Technology Select Sector | 0.86% | 69,146 | $14.3M | Add +33.3% |
| TMUS T-Mobile US Inc. | 0.84% | 52,140 | $13.9M | Reduce -4.3% |
| MA Mastercard Inc. Class A | 0.83% | 24,975 | $13.7M | Add +59.1% |
| NFLX Netflix Inc. | 0.82% | 14,597 | $13.6M | Add +61.0% |
| CMI Cummins Inc. | 0.80% | 42,084 | $13.2M | Add +9.9% |
| CCEP Coca-Cola Europacific Partne | 0.77% | 146,990 | $12.8M | Add +6.0% |
| OKE Oneok Inc. | 0.77% | 127,944 | $12.7M | Add +1.8% |
| CB Chubb Ltd. | 0.75% | 40,844 | $12.4M | Add +0.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.75% | 101,416 | $12.4M | Reduce -0.4% |
| LLY Eli Lilly & Co. | 0.75% | 14,912 | $12.3M | Add +91.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.73% | 24,728 | $12.0M | Reduce -0.7% |
| FLTR Vaneck Ig Floating Rate ETF | 0.72% | 467,309 | $11.9M | New |
| BKLN Invesco Senior Loan ETF | 0.71% | 567,835 | $11.8M | Reduce -36.9% |
| CRH CRH PLC | 0.70% | 130,233 | $11.5M | Add +3.6% |
| HON Honeywell International Inc. | 0.69% | 53,417 | $11.3M | Reduce -17.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.67% | 131,101 | $11.0M | Add +4.0% |
| PWR Quanta Services Inc. | 0.66% | 42,983 | $10.9M | Add +1.7% |
| HD Home Depot Inc. | 0.66% | 29,675 | $10.9M | Reduce -1.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.63% | 18,605 | $10.4M | Reduce -67.2% |
| GE General Electric filed as GE AEROSPACE | 0.63% | 51,620 | $10.4M | Add +1.2% |
| GLD SPDR Gold Shares | 0.62% | 35,586 | $10.3M | Add +0.4% |
| BR Broadridge Financial Solutio | 0.62% | 42,086 | $10.2M | Add +1.5% |
| LONZ PIMCO Senior Loan Active ETF | 0.59% | 193,456 | $9.7M | Reduce -5.3% |
| ORCL Oracle Corp. | 0.56% | 66,408 | $9.3M | Add +4055.7% |
| LIN Linde PLC | 0.55% | 19,622 | $9.1M | Reduce -2.0% |
| HCA HCA Healthcare Inc. | 0.54% | 25,904 | $9.0M | Add +2.5% |
| ADBE Adobe Inc. | 0.48% | 20,613 | $7.9M | Reduce -19.3% |
| JSCP JPMorgan Short Duration Core | 0.47% | 164,368 | $7.8M | Add +39.4% |
| PGR Progressive Corp. | 0.47% | 27,298 | $7.7M | Add +12.8% |
| BKNG Booking Holdings Inc. | 0.44% | 1,585 | $7.3M | New |
| PULS Pgim Ultra Short Bond ETF | 0.39% | 128,603 | $6.4M | Add +1652.1% |
| GOOG Alphabet Inc. Class C | 0.37% | 39,051 | $6.1M | Reduce -3.3% |
| CAT Caterpillar Inc. | 0.37% | 18,438 | $6.1M | Reduce -1.6% |
| KLAC KLA Corp. | 0.37% | 8,873 | $6.0M | Reduce -0.2% |
| NCLH Norwegian Cruise Line Holdin | 0.37% | 317,943 | $6.0M | New |
| HYLB Xtrackers Usd High Yield Cor | 0.36% | 166,491 | $6.0M | Reduce -13.7% |
| TMO Thermo Fisher Scientific Inc. | 0.35% | 11,458 | $5.7M | Add +1.6% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.34% | 70,089 | $5.6M | Reduce -3.2% |
| VGK Vanguard Ftse Europe ETF | 0.34% | 79,562 | $5.6M | New |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.33% | 108,104 | $5.5M | Reduce -65.3% |
| V Visa Inc. Class A | 0.33% | 15,566 | $5.5M | Add +5.2% |
| WM Waste Management Inc. | 0.29% | 20,509 | $4.7M | Reduce -0.5% |
| IGM iShares Expanded Tech Sector | 0.28% | 51,245 | $4.6M | Reduce -48.0% |
| VGSH Vanguard Short-Term Treasury | 0.28% | 78,941 | $4.6M | Reduce -20.4% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.26% | 85,606 | $4.4M | Add +3.1% |
| QDF NT Qual Div ETF | 0.25% | 61,155 | $4.2M | Reduce -10.1% |
| BX Blackstone Inc. | 0.25% | 29,741 | $4.2M | Reduce -5.7% |
| VFLO Victoryshares Free Cash Flow | 0.25% | 118,520 | $4.1M | Reduce -10.7% |
| RUNN Running Oak Efficient GR ETF | 0.23% | 118,904 | $3.9M | Reduce -8.7% |
| CLOZ Eldridge BBB-B Clo ETF | 0.22% | 138,314 | $3.7M | Reduce -18.8% |
| SCHD Schwab US DVD Equity ETF | 0.22% | 131,436 | $3.7M | Reduce -31.9% |
| SHY iShares 1-3 Year Treasury Bo | 0.21% | 42,845 | $3.5M | Reduce -1.0% |
| ISRG Intuitive Surgical Inc. | 0.21% | 6,900 | $3.4M | Reduce -15.9% |
| SCHG Schwab US Large-Cap Growth | 0.21% | 135,424 | $3.4M | Reduce -16.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.20% | 20,248 | $3.4M | Add +0.9% |
| LOW Lowe's Cos Inc. | 0.20% | 13,817 | $3.2M | Reduce -5.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.19% | 4 | $3.2M | New |
| NVS Novartis AG-Sponsored ADR | 0.19% | 27,573 | $3.2M | Reduce -1.2% |
| MLPX Global X MLP & Energy Infras | 0.19% | 48,492 | $3.1M | Reduce -10.4% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.19% | 85,858 | $3.1M | Reduce -10.7% |
| XLC SS Comm Select Sector SPDR | 0.18% | 31,420 | $3.0M | Add +6.4% |
| IYF iShares US Financials ETF | 0.18% | 26,476 | $3.0M | New |
| WMB Williams Cos Inc. | 0.18% | 49,810 | $3.0M | Reduce -6.3% |
| SLV iShares Silver Trust | 0.18% | 95,545 | $3.0M | Add +2.1% |
| MOAT Vaneck Morningstar Wide Moat | 0.18% | 33,316 | $2.9M | Reduce -7.5% |
| KR Kroger Co. | 0.17% | 40,366 | $2.7M | Add +44.8% |
| VGIT Vanguard Intermediate-Term T | 0.16% | 45,195 | $2.7M | Reduce -22.5% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $222K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 180 | $222K | No change |
Total filed on the 13F, all lines: $1.7B.
Portfolio Sells Q4 2024 → Q1 2025
| POWL Powell Industries Inc. | Reduce -0.0% | 16.79% | −3.24 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -67.2% | 0.63% | −1.22 |
| AVGO Broadcom Inc. | Reduce -6.1% | 1.73% | −0.61 |
| JMST JPM Ultra-Short Muni Income | Reduce -65.3% | 0.33% | −0.55 |
| OC Owens Corning | Sold out | 0.00% | −0.45 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -96.1% | 0.02% | −0.44 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.41 |
| XLY SS Consumer Disc Select Sect | Sold out | 0.00% | −0.38 |
| BKLN Invesco Senior Loan ETF | Reduce -36.9% | 0.71% | −0.34 |
| IGM iShares Expanded Tech Sector | Reduce -48.0% | 0.28% | −0.28 |
| JBBB Janus Henderson B-BBB Clo Et | Sold out | 0.00% | −0.26 |
| EMR Emerson Electric Co. | Reduce -64.0% | 0.14% | −0.25 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.25 |
| IVE iShares S&P 500 Value ETF | Reduce -20.1% | 1.35% | −0.20 |
| UNH Unitedhealth Group Inc. | Reduce -74.6% | 0.08% | −0.20 |
| MRK Merck & Co. Inc. | Reduce -85.1% | 0.03% | −0.17 |
| AAPL Apple Inc. | Reduce -0.6% | 3.92% | −0.16 |
| ADBE Adobe Inc. | Reduce -19.3% | 0.48% | −0.15 |
| HON Honeywell International Inc. | Reduce -17.1% | 0.69% | −0.12 |
| MSFT Microsoft Corp. | Reduce -0.2% | 3.43% | −0.11 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -58.0% | 0.09% | −0.11 |
| ANGL Vaneck Fallen Angel High YLD | Sold out | 0.00% | −0.10 |
| ELV Elevance Health Inc. | Reduce -86.5% | 0.02% | −0.10 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.08 |
| EMHY iShares J.P. Morgan Em High | Sold out | 0.00% | −0.08 |
| VOO Vanguard S&P 500 ETF | Reduce -8.6% | 1.39% | −0.07 |
| SCHD Schwab US DVD Equity ETF | Reduce -31.9% | 0.22% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -3.3% | 0.37% | −0.06 |
| GRID First TRST Nasd Class Edg Sgiif | Sold out | 0.00% | −0.06 |
| JEPI JPMorgan Equity Premium Inco | Reduce -64.3% | 0.03% | −0.05 |
| BX Blackstone Inc. | Reduce -5.7% | 0.25% | −0.05 |
| AM Antero Midstream Corp. | Reduce -81.0% | 0.02% | −0.05 |
| SCHG Schwab US Large-Cap Growth | Reduce -16.1% | 0.21% | −0.04 |
| TSLA Tesla Inc. | Reduce -2.4% | 0.10% | −0.04 |
| IDNA iShares Gen-Immunology HLTH | Sold out | 0.00% | −0.04 |
| VGSH Vanguard Short-Term Treasury | Reduce -20.4% | 0.28% | −0.04 |
| SCHM Schwab US Mid Cap ETF | Reduce -29.1% | 0.11% | −0.04 |
| RSP Invesco S&P 500 Equal Weight | Reduce -26.7% | 0.15% | −0.04 |
| HPE Hewlett Packard Enterprise | Reduce -0.5% | 0.13% | −0.04 |
| CLOZ Eldridge BBB-B Clo ETF | Reduce -18.8% | 0.22% | −0.03 |
| ACN Accenture PLC Class A | Reduce -0.1% | 0.97% | −0.03 |
| DELL Dell Technologies -C | Reduce -4.7% | 0.15% | −0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.03 |
| ISRG Intuitive Surgical Inc. | Reduce -15.9% | 0.21% | −0.03 |
| SCHI Schwab 5-10 Year Corporate B | Reduce -45.1% | 0.05% | −0.03 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −0.03 |
| VGIT Vanguard Intermediate-Term T | Reduce -22.5% | 0.16% | −0.03 |
| HYLB Xtrackers Usd High Yield Cor | Reduce -13.7% | 0.36% | −0.02 |
| NAD Nuveen Quality Municipal Inc. | Sold out | 0.00% | −0.02 |
| MOO Vaneck Agribusiness ETF | Reduce -23.6% | 0.14% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| FLTR Vaneck Ig Floating Rate ETF | New | 0.72% | +0.72 |
| ORCL Oracle Corp. | Add +4055.7% | 0.56% | +0.55 |
| IVV iShares Core S&P 500 ETF | Add +96.7% | 0.95% | +0.49 |
| IVW iShares S&P 500 Growth ETF | Add +39.7% | 1.64% | +0.46 |
| BKNG Booking Holdings Inc. | New | 0.44% | +0.44 |
| AGG iShares Core U.S. Aggregate | Add +14.9% | 1.91% | +0.42 |
| LLY Eli Lilly & Co. | Add +91.7% | 0.75% | +0.41 |
| NFLX Netflix Inc. | Add +61.0% | 0.82% | +0.38 |
| MA Mastercard Inc. Class A | Add +59.1% | 0.83% | +0.37 |
| PULS Pgim Ultra Short Bond ETF | Add +1652.1% | 0.39% | +0.37 |
| NCLH Norwegian Cruise Line Holdin | New | 0.37% | +0.37 |
| VGK Vanguard Ftse Europe ETF | New | 0.34% | +0.34 |
| IAU iShares Gold Trust | Add +1.5% | 1.08% | +0.26 |
| WELL Welltower Inc. | Add +1.8% | 0.97% | +0.25 |
| AER Aercap Holdings NV | Add +15.4% | 0.91% | +0.24 |
| MCK McKesson Corp. | Add +0.4% | 0.98% | +0.22 |
| XLF SS Financial Select Sector | Add +6.2% | 1.29% | +0.21 |
| GS Goldman Sachs Group Inc. | Add +14.6% | 1.26% | +0.20 |
| XLK SS Technology Select Sector | Add +33.3% | 0.86% | +0.19 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.19% | +0.19 |
| JPM JPMorgan Chase & Co. | Add +1.2% | 1.64% | +0.19 |
| CCEP Coca-Cola Europacific Partne | Add +6.0% | 0.77% | +0.18 |
| IYF iShares US Financials ETF | New | 0.18% | +0.18 |
| JMBS Janus Henderson Mortg Backed | Add +9.9% | 0.92% | +0.17 |
| JSCP JPMorgan Short Duration Core | Add +39.4% | 0.47% | +0.16 |
| GE General Electric | Add +1.2% | 0.63% | +0.15 |
| GILD Gilead Sciences Inc. | New | 0.15% | +0.15 |
| PGR Progressive Corp. | Add +12.8% | 0.47% | +0.15 |
| GLD SPDR Gold Shares | Add +0.4% | 0.62% | +0.14 |
| BNY Bank of New York Mellon Corp. | Add +4.0% | 0.67% | +0.13 |
| CSCO Cisco Systems Inc. | Add +363.7% | 0.15% | +0.13 |
| CB Chubb Ltd. | Add +0.7% | 0.75% | +0.13 |
| HCA HCA Healthcare Inc. | Add +2.5% | 0.54% | +0.12 |
| IYJ iShares U.S. Industrials ETF | New | 0.11% | +0.11 |
| BR Broadridge Financial Solutio | Add +1.5% | 0.62% | +0.10 |
| FPE FT-Preferred Secur & Inc. ETF | Add +1.6% | 0.91% | +0.08 |
| CAH Cardinal Health Inc. | Add +75.0% | 0.15% | +0.08 |
| META Meta Platforms Inc. Class A | Add +1.9% | 0.93% | +0.08 |
| WMT Walmart Inc. | Add +1.0% | 1.18% | +0.08 |
| V Visa Inc. Class A | Add +5.2% | 0.33% | +0.07 |
| KR Kroger Co. | Add +44.8% | 0.17% | +0.07 |
| OKE Oneok Inc. | Add +1.8% | 0.77% | +0.07 |
| MUB iShares National Muni Bond E | New | 0.06% | +0.06 |
| CMI Cummins Inc. | Add +9.9% | 0.80% | +0.06 |
| FTHI Fthi/First Trust Exchange-TR | New | 0.06% | +0.06 |
| CRH CRH PLC | Add +3.6% | 0.70% | +0.05 |
| SLV iShares Silver Trust | Add +2.1% | 0.18% | +0.04 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +3.1% | 0.26% | +0.03 |
| XLC SS Comm Select Sector SPDR | Add +6.4% | 0.18% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +1.6% | 0.35% | +0.02 |
Options Activity Q4 2024 → Q1 2025
| NGVC Natural Grocers BY Vitamin C | put | Sold out | 12,000 | $477Kbefore exit |
| CADL Candel Therapeutics Inc. | call | Sold out | 3,500 | $30Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.