Q2 2026 13F · SEC CIK 2065974

Aspen Capital Management, LLC

Wealth managerFiled 2026-08-04 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $453.0M
Reported positions: 83
Holdings vs S&P 500, 3 yrs: —
Assets under management: $1.3B

Aspen Capital Management, LLC is a wealth manager that reported 83 positions worth $453.0M in its Q2 2026 13F, filed 2026-08-04. Its largest holdings were Dimensional ETF Trust (DFIC, 19.6%), Dimensional ETF Trust (DFAC, 15.4%), Dimensional ETF Trust (DFCF, 7.7%).

Aspen Capital Management, LLC holdings largest 50 of 83 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Aspen Capital Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
DFICDimensional ETF Trust	19.6%	20.0%	2,380,785	+4.6%	$88.7M
DFACDimensional ETF Trust	15.4%	14.4%	1,577,217	+5.6%	$70.0M
DFCFDimensional ETF Trust	7.7%	8.6%	824,636	+0.2%	$34.8M
SGOVIshares Tr	7.6%	13.3%	341,534	-36.0%	$34.4M
DFEMDimensional ETF Trust	5.0%	4.6%	557,707	+4.4%	$22.7M
DFATDimensional ETF Trust	4.2%	4.3%	274,326	-1.1%	$19.2M
DUSBDimensional Ultrashort Fixed Income ETF	3.9%	0.6%	351,153	+640.8%	$17.8M
DFASDimensional ETF Trust	3.9%	3.8%	214,183	-1.0%	$17.6M
DFGRDimensional ETF Trust	3.5%	3.6%	553,939	+1.3%	$16.0M
USBUS Bancorp	2.9%	2.8%	214,834	-0.1%	$13.0M
DFSVDimensional US Small Cap	2.5%	2.4%	295,557	+5.5%	$11.5M
DCORDimensional US Core Equity 1 ETF	2.3%	2.1%	128,126	+8.7%	$10.5M
DFAXDimensional ETF Trust	1.6%	1.7%	201,329	+0.4%	$7.4M
AAPLApple Inc	1.4%	1.4%	22,182	+0.7%	$6.4M
IWBIshares Tr	1.3%	1.3%	14,706	-0.7%	$6.0M
NVDANvidia Corporation	1.2%	1.2%	27,591	+1.9%	$5.5M
DFSUDimensional ETF Trust	1.1%	1.2%	111,535	-2.4%	$5.2M
DFSIDimensional ETF Trust	0.9%	1.0%	92,563	+1.1%	$4.2M
DFUVDimensional ETF Trust	0.9%	0.9%	73,845	+0.1%	$4.1M
TXNTexas Instrs Inc	0.9%	—	13,625	—	$4.1M
QQQInvesco Qqq Tr	0.9%	0.8%	5,490	+2.1%	$4.0M
AVDEAvantis International Equity ETF	0.7%	0.8%	37,046	-0.6%	$3.3M
MSFTMicrosoft Corp	0.6%	0.7%	7,846	+1.6%	$2.9M
IVVIshares Tr	0.6%	0.6%	3,514	+0.0%	$2.6M
DFAWDimensional ETF Trust	0.6%	0.5%	30,649	+17.7%	$2.5M
IWMIshares Tr	0.5%	0.5%	7,479	-2.7%	$2.2M
AVUSAvantis U.S. Equity ETF	0.4%	0.4%	14,662	+0.0%	$1.9M
SPYState Str Spdr S&p 500 ETF T	0.4%	0.4%	2,472	+6.6%	$1.8M
DIASpdr Dow Jones Indl Average	0.4%	0.3%	3,050	+7.0%	$1.6M
VTIVanguard Index Fds	0.3%	0.3%	4,266	+0.9%	$1.6M
VTVVanguard Index Fds	0.3%	0.3%	6,712	+1.2%	$1.5M
EFAIshares Tr	0.3%	0.3%	14,000	+0.0%	$1.5M
JPMJpmorgan Chase & Co	0.3%	0.3%	4,243	+1.7%	$1.4M
PAYOPayoneer Global Inc	0.3%	0.2%	194,222	+0.0%	$1.4M
AMZNAmazon Com Inc	0.3%	0.3%	5,772	+1.5%	$1.4M
VTVanguard Intl Equity Index F	0.3%	0.3%	7,911	+0.0%	$1.2M
AVUVAmerican Centy ETF Tr	0.3%	0.3%	9,752	+0.0%	$1.2M
GOOGLAlphabet Inc	0.2%	0.2%	3,132	+3.2%	$1.1M
GOOGAlphabet Inc	0.2%	0.2%	3,023	+0.0%	$1.1M
DFSEDimensional ETF Trust	0.2%	0.2%	19,473	-3.1%	$952K
MUMicron Technology Inc	0.2%	0.1%	720	-39.6%	$831K
BRK-ABerkshire Hathaway Inc Del	0.2%	0.2%	1	+0.0%	$749K
TSLATesla Inc	0.1%	—	1,516	—	$638K
CATCaterpillar Inc	0.1%	0.1%	584	+0.0%	$622K
BRK-BBerkshire Hathaway Inc Del	0.1%	0.1%	1,198	+11.1%	$599K
VOOVanguard Index Fds	0.1%	0.1%	819	+0.0%	$563K
CASYCaseys Gen Stores Inc	0.1%	0.1%	702	+0.0%	$558K
HPEHewlett Packard Enterprise C	0.1%	—	11,819	—	$533K
LRCXLam Research Corp	0.1%	—	1,210	—	$524K
ESGVVanguard World Fd	0.1%	0.1%	3,961	+0.2%	$524K

What Aspen Capital Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.0% /yr; S&P 500 +20.1%
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$453.0M	83
Q1 2026	$404.0M	77
Q4 2025	$403.8M	80
Q3 2025	$392.3M	81
Q2 2025	$356.8M	72
Q1 2025	$312.7M	66

Questions about Aspen Capital Management, LLC's portfolio

What stocks does Aspen Capital Management, LLC own?

Aspen Capital Management, LLC's latest 13F, for Q2 2026 and filed Aug 4, 2026, lists 83 positions worth $453.0M. The largest are Dimensional ETF Trust (DFIC) at 19.6%, Dimensional ETF Trust (DFAC) at 15.4%, Dimensional ETF Trust (DFCF) at 7.7%, Ishares Tr (SGOV) at 7.6% and Dimensional ETF Trust (DFEM) at 5.0%.

What did Aspen Capital Management, LLC buy last quarter?

In Q2 2026, Aspen Capital Management, LLC added Dimensional Ultrashort Fixed Income ETF (DUSB) (+640.8% shares), Dimensional ETF Trust (DFAW) (+17.7% shares) and Berkshire Hathaway Inc Del (BRK-B) (+11.1% shares), compared with its Q1 2026 filing.

What did Aspen Capital Management, LLC sell last quarter?

In Q2 2026, Aspen Capital Management, LLC cut from its top 50 Intuitive Surgical Inc (ISRG), cut from its top 50 Ishares Tr (EEM), cut from its top 50 Dimensional ETF Trust (DFSB), cut from its top 50 Costco Wholesale Corporation (COST), Micron Technology Inc (MU) (-39.6% shares) and Ishares Tr (SGOV) (-36.0% shares), compared with its Q1 2026 filing.

When is Aspen Capital Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Aspen Capital Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Aspen Capital Management, LLC manage?

Aspen Capital Management, LLC reported $1.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $453.0M.