Transform Wealth, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 17, 2025), Transform Wealth, LLC reported 259 stock positions worth $1.8 billion. Its top holding was Powell Industries (POWL) at 20.0% of the portfolio, followed by Apple (AAPL, 4.1%) and Microsoft (MSFT, 3.5%). Compared with Q3 2024, it opened 58 new positions, sold out of 14, added to 129 and reduced 57. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +17864%) and the biggest sale Powell Industries (POWL, shares −3%).
- Most Recent 13F
- Q1 2025
- Location
- GREENWOOD VILLAGE, CO
- CIK
- 0001682266
- Portfolio Value
- $1.8B (Q4 2024)
- SEC Filing
- 0001085146-25-000306 ↗ filed Jan 17, 2025
Holdings Value
Holdings 259 stocks · $1.8B
| POWL Powell Industries Inc. | 20.03% | 1,628,009 | $360.8M | Reduce -2.7% |
| AAPL Apple Inc. | 4.08% | 293,349 | $73.5M | Add +9.0% |
| MSFT Microsoft Corp. | 3.54% | 151,275 | $63.8M | Add +9.4% |
| SGOV iShares 0-3 Month Treasury B | 3.35% | 601,801 | $60.4M | Add +17864.2% |
| AVGO Broadcom Inc. | 2.34% | 181,972 | $42.2M | Add +5.5% |
| NVDA Nvidia Corp. | 2.17% | 290,549 | $39.0M | Add +16.0% |
| AMZN Amazon.com Inc. | 1.90% | 156,292 | $34.3M | Add +13.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.85% | 56,781 | $33.4M | Reduce -21.9% |
| GOOGL Alphabet Inc. Class A | 1.56% | 148,717 | $28.2M | Add +4.9% |
| IVE iShares S&P 500 Value ETF | 1.55% | 145,947 | $27.9M | Add +2.2% |
| AGG iShares Core U.S. Aggregate | 1.49% | 276,787 | $26.8M | Add +9.5% |
| VOO Vanguard S&P 500 ETF | 1.46% | 48,728 | $26.3M | Add +2034.4% |
| JPM JPMorgan Chase & Co. | 1.45% | 109,013 | $26.1M | Add +12.8% |
| SCHB Schwab US Broad Market ETF | 1.37% | 1,084,336 | $24.6M | Add +58.8% |
| IVW iShares S&P 500 Growth ETF | 1.18% | 208,705 | $21.2M | Add +1.4% |
| WMT Walmart Inc. | 1.10% | 218,511 | $19.8M | Add +11.5% |
| XLF SS Financial Select Sector | 1.08% | 402,501 | $19.5M | Add +2709.4% |
| GS Goldman Sachs Group Inc. | 1.06% | 33,323 | $19.1M | Add +7.3% |
| BKLN Invesco Senior Loan ETF | 1.05% | 900,461 | $19.0M | Add +107.3% |
| ACN Accenture PLC Class A | 1.00% | 51,409 | $18.1M | Add +5.8% |
| CRM Salesforce Inc. | 1.00% | 53,948 | $18.1M | Add +7.5% |
| COST Costco Wholesale Corp. | 0.98% | 19,173 | $17.6M | Add +14.8% |
| LRCX Lam Research Corp. | 0.96% | 238,334 | $17.3M | New |
| ABBV Abbvie Inc. | 0.93% | 94,366 | $16.8M | Add +8.1% |
| XOM Exxon Mobil Corp. | 0.92% | 153,532 | $16.5M | Add +15.3% |
| CEG Constellation Energy | 0.90% | 72,824 | $16.3M | Add +7.6% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.88% | 311,868 | $15.9M | Add +63.0% |
| META Meta Platforms Inc. Class A | 0.85% | 26,065 | $15.3M | Add +21.7% |
| FPE FT-Preferred Secur & Inc. ETF | 0.82% | 836,838 | $14.8M | Add +10.4% |
| IAU iShares Gold Trust | 0.82% | 298,295 | $14.8M | Add +4996.4% |
| HON Honeywell International Inc. | 0.81% | 64,461 | $14.6M | Add +8.6% |
| MCK McKesson Corp. | 0.75% | 23,828 | $13.6M | Add +13.3% |
| JMBS Janus Henderson Mortg Backed | 0.75% | 304,205 | $13.4M | Add +23.0% |
| CVX Chevron Corp. | 0.74% | 92,437 | $13.4M | Add +33.0% |
| PWR Quanta Services Inc. | 0.74% | 42,256 | $13.4M | Add +6.2% |
| CMI Cummins Inc. | 0.74% | 38,284 | $13.3M | Add +6.4% |
| WELL Welltower Inc. | 0.72% | 102,650 | $12.9M | Add +14.0% |
| OKE Oneok Inc. | 0.70% | 125,720 | $12.6M | Add +22.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.68% | 101,867 | $12.3M | Add +9.9% |
| AER Aercap Holdings NV | 0.68% | 127,208 | $12.2M | Add +13.0% |
| XLK SS Technology Select Sector | 0.67% | 51,892 | $12.1M | Add +2232.2% |
| TMUS T-Mobile US Inc. | 0.67% | 54,496 | $12.0M | Add +17.7% |
| HD Home Depot Inc. | 0.65% | 30,215 | $11.8M | Add +15.2% |
| CRH CRH PLC | 0.65% | 125,736 | $11.6M | Add +10.9% |
| ADBE Adobe Inc. | 0.63% | 25,545 | $11.4M | Add +8.1% |
| CB Chubb Ltd. | 0.62% | 40,549 | $11.2M | Add +12.5% |
| CCEP Coca-Cola Europacific Partne | 0.59% | 138,691 | $10.7M | Add +7.7% |
| LONZ PIMCO Senior Loan Active ETF | 0.58% | 204,203 | $10.5M | Add +351.8% |
| IGM iShares Expanded Tech Sector | 0.56% | 98,567 | $10.1M | Add +6.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.56% | 24,900 | $10.0M | Add +3.7% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.54% | 126,029 | $9.7M | New |
| BR Broadridge Financial Solutio | 0.52% | 41,450 | $9.4M | Add +2.7% |
| GLD SPDR Gold Shares | 0.48% | 35,459 | $8.6M | Add +57.9% |
| GE General Electric filed as GE AEROSPACE | 0.47% | 51,001 | $8.5M | Add +14.3% |
| LIN Linde PLC | 0.47% | 20,029 | $8.4M | Add +12.2% |
| IVV iShares Core S&P 500 ETF | 0.46% | 14,192 | $8.4M | Add +2.3% |
| MA Mastercard Inc. Class A | 0.46% | 15,694 | $8.3M | Add +4.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.46% | 95,317 | $8.2M | Add +6.7% |
| OC Owens Corning | 0.45% | 47,510 | $8.1M | Add +7.2% |
| NFLX Netflix Inc. | 0.45% | 9,069 | $8.1M | Add +923.6% |
| GOOG Alphabet Inc. Class C | 0.43% | 40,376 | $7.7M | Add +49.7% |
| HCA HCA Healthcare Inc. | 0.42% | 25,278 | $7.6M | Add +12.7% |
| XLP SS Consumer Staples Sel Sect | 0.41% | 94,109 | $7.4M | Add +4.1% |
| EMR Emerson Electric Co. | 0.39% | 56,613 | $7.0M | New |
| HYLB Xtrackers Usd High Yield Cor | 0.39% | 192,813 | $7.0M | Reduce -20.6% |
| XLY SS Consumer Disc Select Sect | 0.38% | 30,335 | $6.8M | New |
| CAT Caterpillar Inc. | 0.38% | 18,743 | $6.8M | Add +44.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.35% | 72,414 | $6.4M | Add +0.8% |
| LLY Eli Lilly & Co. | 0.33% | 7,778 | $6.0M | Add +53.4% |
| TMO Thermo Fisher Scientific Inc. | 0.33% | 11,275 | $5.9M | Add +3.3% |
| PGR Progressive Corp. | 0.32% | 24,204 | $5.8M | New |
| VGSH Vanguard Short-Term Treasury | 0.32% | 99,209 | $5.8M | New |
| KLAC KLA Corp. | 0.31% | 8,888 | $5.6M | Add +0.7% |
| JSCP JPMorgan Short Duration Core | 0.31% | 117,941 | $5.5M | Add +8.8% |
| BX Blackstone Inc. | 0.30% | 31,527 | $5.4M | Add +61.2% |
| SCHD Schwab US DVD Equity ETF | 0.29% | 192,865 | $5.3M | Add +38.7% |
| UNH Unitedhealth Group Inc. | 0.28% | 9,890 | $5.0M | Reduce -14.1% |
| QDF NT Qual Div ETF | 0.27% | 68,027 | $4.8M | Reduce -80.3% |
| V Visa Inc. Class A | 0.26% | 14,795 | $4.7M | Add +95.0% |
| CLOZ Eldridge BBB-B Clo ETF | 0.26% | 170,246 | $4.6M | Reduce -14.5% |
| JBBB Janus Henderson B-BBB Clo Et | 0.26% | 93,550 | $4.6M | Reduce -14.4% |
| LEN Lennar Corp. Class A | 0.25% | 33,456 | $4.6M | Add +3.9% |
| VFLO Victoryshares Free Cash Flow | 0.25% | 132,652 | $4.5M | Add +12.7% |
| SCHG Schwab US Large-Cap Growth | 0.25% | 161,337 | $4.5M | Add +28.8% |
| ISRG Intuitive Surgical Inc. | 0.24% | 8,205 | $4.3M | Add +63.9% |
| RUNN Running Oak Efficient GR ETF | 0.24% | 130,191 | $4.3M | Add +110.0% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.24% | 83,053 | $4.2M | Add +5.4% |
| WM Waste Management Inc. | 0.23% | 20,613 | $4.2M | Add +62.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.22% | 20,066 | $4.0M | Add +11.8% |
| LOW Lowe's Cos Inc. | 0.20% | 14,565 | $3.6M | Add +2.1% |
| MRK Merck & Co. Inc. | 0.20% | 35,678 | $3.6M | Add +9.3% |
| SHY iShares 1-3 Year Treasury Bo | 0.20% | 43,290 | $3.5M | New |
| SJNK SS SPDR BB St Hi Yield ETF | 0.19% | 138,320 | $3.5M | New |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.19% | 96,141 | $3.4M | Add +77.2% |
| VGIT Vanguard Intermediate-Term T | 0.19% | 58,328 | $3.4M | New |
| RSP Invesco S&P 500 Equal Weight | 0.19% | 19,074 | $3.3M | Add +27.9% |
| MOAT Vaneck Morningstar Wide Moat | 0.19% | 36,000 | $3.3M | Reduce -10.0% |
| DELL Dell Technologies -C | 0.18% | 28,783 | $3.3M | Reduce -4.5% |
| MLPX Global X MLP & Energy Infras | 0.18% | 54,107 | $3.3M | Reduce -17.3% |
| HPE Hewlett Packard Enterprise | 0.16% | 137,245 | $2.9M | Reduce -2.5% |
Options reported separately and not counted above: NGVC puts ($477K), CADL calls ($30K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $223K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 180 | $223K | No change |
Total filed on the 13F, all lines: $1.8B.
Portfolio Sells Q3 2024 → Q4 2024
| POWL Powell Industries Inc. | Reduce -2.7% | 20.03% | −4.59 |
| QDF NT Qual Div ETF | Reduce -80.3% | 0.27% | −1.37 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -21.9% | 1.85% | −0.92 |
| HELO JPMorgan Hedged Equity ETF | Sold out | 0.00% | −0.78 |
| WFC Wells Fargo & Co. | Reduce -82.4% | 0.16% | −0.70 |
| REGN Regeneron Pharmaceuticals | Reduce -97.0% | 0.01% | −0.67 |
| AIG American International Group | Reduce -96.9% | 0.02% | −0.61 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.48 |
| FLTR Vaneck Ig Floating Rate ETF | Sold out | 0.00% | −0.34 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -77.0% | 0.06% | −0.24 |
| HYLB Xtrackers Usd High Yield Cor | Reduce -20.6% | 0.39% | −0.21 |
| UNH Unitedhealth Group Inc. | Reduce -14.1% | 0.28% | −0.17 |
| DEM Wisdomtree Emerging Markets | Sold out | 0.00% | −0.12 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -74.1% | 0.03% | −0.11 |
| JBBB Janus Henderson B-BBB Clo Et | Reduce -14.4% | 0.26% | −0.10 |
| CLOZ Eldridge BBB-B Clo ETF | Reduce -14.5% | 0.26% | −0.10 |
| ELV Elevance Health Inc. | Reduce -3.1% | 0.12% | −0.09 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -10.0% | 0.19% | −0.07 |
| NVS Novartis AG-Sponsored ADR | Reduce -1.4% | 0.15% | −0.06 |
| MLPX Global X MLP & Energy Infras | Reduce -17.3% | 0.18% | −0.05 |
| DELL Dell Technologies -C | Reduce -4.5% | 0.18% | −0.05 |
| ANGL Vaneck Fallen Angel High YLD | Reduce -18.7% | 0.10% | −0.05 |
| SCHM Schwab US Mid Cap ETF | Reduce -5.5% | 0.15% | −0.04 |
| HPE Hewlett Packard Enterprise | Reduce -2.5% | 0.16% | −0.03 |
| SDY SS SPDR S&P Dividend ETF | Reduce -14.3% | 0.06% | −0.03 |
| SCHA Schwab US Small-Cap ETF | Reduce -1.1% | 0.14% | −0.03 |
| OGCP Empire State Realty Op-S60 | Sold out | 0.00% | −0.02 |
| XLV SS Health Care Select Sector | Reduce -4.9% | 0.06% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Sold out | 0.00% | −0.02 |
| SCHI Schwab 5-10 Year Corporate B | Reduce -4.0% | 0.07% | −0.02 |
| ALL Allstate Corp. | Reduce -6.5% | 0.08% | −0.02 |
| TQQQ Proshares Ultrapro QQQ | Sold out | 0.00% | −0.02 |
| KR Kroger Co. | Reduce -4.3% | 0.09% | −0.02 |
| DKS Dick's Sporting Goods Inc. | Reduce -1.5% | 0.14% | −0.02 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.02 |
| XLI SS Industrial Select Sector | Reduce -15.7% | 0.03% | −0.02 |
| DOW Dow Inc. | Sold out | 0.00% | −0.01 |
| DE Deere & Co. | Reduce -22.8% | 0.03% | −0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -12.7% | 0.03% | −0.01 |
| CI The Cigna Group | Sold out | 0.00% | −0.01 |
| MAIN Main Street Capital Corp. | Sold out | 0.00% | −0.01 |
| MS Morgan Stanley | Sold out | 0.00% | −0.01 |
| ORLY O'reilly Automotive Inc. | Reduce -21.4% | 0.03% | −0.01 |
| ETN Eaton Corp. PLC | Reduce -14.3% | 0.03% | −0.01 |
| IYW iShares Ustechnology ETF | Reduce -6.0% | 0.05% | −0.01 |
| IPG Interpublic Group of Cos Inc. | Reduce -2.9% | 0.03% | −0.01 |
| PLD Prologis Inc. | Reduce -13.7% | 0.02% | −0.01 |
| FISK Empire State Realty Op -S250 | Sold out | 0.00% | −0.01 |
| SW Smurfit Westrock PLC | Reduce -1.9% | 0.08% | −0.01 |
| HPQ HP Inc. | Reduce -13.1% | 0.02% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| SGOV iShares 0-3 Month Treasury B | Add +17864.2% | 3.35% | +3.33 |
| VOO Vanguard S&P 500 ETF | Add +2034.4% | 1.46% | +1.38 |
| XLF SS Financial Select Sector | Add +2709.4% | 1.08% | +1.04 |
| LRCX Lam Research Corp. | New | 0.96% | +0.96 |
| IAU iShares Gold Trust | Add +4996.4% | 0.82% | +0.80 |
| XLK SS Technology Select Sector | Add +2232.2% | 0.67% | +0.64 |
| BNY Bank of New York Mellon Corp. | New | 0.54% | +0.54 |
| BKLN Invesco Senior Loan ETF | Add +107.3% | 1.05% | +0.45 |
| LONZ PIMCO Senior Loan Active ETF | Add +351.8% | 0.58% | +0.43 |
| NFLX Netflix Inc. | Add +923.6% | 0.45% | +0.41 |
| EMR Emerson Electric Co. | New | 0.39% | +0.39 |
| XLY SS Consumer Disc Select Sect | New | 0.38% | +0.38 |
| AVGO Broadcom Inc. | Add +5.5% | 2.34% | +0.37 |
| SCHB Schwab US Broad Market ETF | Add +58.8% | 1.37% | +0.36 |
| PGR Progressive Corp. | New | 0.32% | +0.32 |
| VGSH Vanguard Short-Term Treasury | New | 0.32% | +0.32 |
| JMST JPM Ultra-Short Muni Income | Add +63.0% | 0.88% | +0.23 |
| AMZN Amazon.com Inc. | Add +13.9% | 1.90% | +0.21 |
| SHY iShares 1-3 Year Treasury Bo | New | 0.20% | +0.20 |
| SJNK SS SPDR BB St Hi Yield ETF | New | 0.19% | +0.19 |
| VGIT Vanguard Intermediate-Term T | New | 0.19% | +0.19 |
| VDE Vanguard Energy ETF | New | 0.15% | +0.15 |
| NVDA Nvidia Corp. | Add +16.0% | 2.17% | +0.15 |
| SLV iShares Silver Trust | New | 0.14% | +0.14 |
| DVYA iShares Asia/Pacific Dividen | New | 0.13% | +0.13 |
| GOOG Alphabet Inc. Class C | Add +49.7% | 0.43% | +0.13 |
| V Visa Inc. Class A | Add +95.0% | 0.26% | +0.12 |
| IDV iShares International Select | New | 0.12% | +0.12 |
| DVYE iShares Emerging Markets Div | New | 0.12% | +0.12 |
| GLD SPDR Gold Shares | Add +57.9% | 0.48% | +0.12 |
| VFMF Vanguard US Multifactor ETF | New | 0.11% | +0.11 |
| BX Blackstone Inc. | Add +61.2% | 0.30% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +12.8% | 1.45% | +0.10 |
| RUNN Running Oak Efficient GR ETF | Add +110.0% | 0.24% | +0.10 |
| CRM Salesforce Inc. | Add +7.5% | 1.00% | +0.09 |
| OKE Oneok Inc. | Add +22.9% | 0.70% | +0.08 |
| MOO Vaneck Agribusiness ETF | Add +189.3% | 0.16% | +0.08 |
| EMHY iShares J.P. Morgan Em High | New | 0.08% | +0.08 |
| ISRG Intuitive Surgical Inc. | Add +63.9% | 0.24% | +0.07 |
| VGT Vanguard Info Tech ETF | New | 0.07% | +0.07 |
| EMLC Vaneck JPM Em Local Curr BND | New | 0.07% | +0.07 |
| CAH Cardinal Health Inc. | New | 0.07% | +0.07 |
| CVX Chevron Corp. | Add +33.0% | 0.74% | +0.07 |
| MCK McKesson Corp. | Add +13.3% | 0.75% | +0.06 |
| ASML ASML Holding NV-NY Reg SHS | Add +347.0% | 0.09% | +0.06 |
| COP Conocophillips | New | 0.06% | +0.06 |
| CGDV Cap Group Dividend Value | Add +77.2% | 0.19% | +0.06 |
| GRID First TRST Nasd Class Edg Sgiif | New | 0.06% | +0.06 |
| WM Waste Management Inc. | Add +62.4% | 0.23% | +0.06 |
| UNP Union Pacific Corp. | Add +494.3% | 0.07% | +0.05 |
Options Activity Q3 2024 → Q4 2024
| NGVC Natural Grocers BY Vitamin C | put | New | 12,000 | $477K |
| CADL Candel Therapeutics Inc. | call | New | 3,500 | $30K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.