Q2 2026 13F · SEC CIK 1541596

Aspen Investment Management Inc

Wealth managerFiled 2026-07-17 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $372.0M
Reported positions: 187
Top holdings a year, 3 yrs: +14.5%
Assets under management: $452.5M

Aspen Investment Management Inc is a wealth manager that reported 187 positions worth $372.0M in its Q2 2026 13F, filed 2026-07-17. Its largest holdings were Spdr S&p 500 ETF Tr (SPY, 6.7%), Invesco S&p 500 Equal Weight ETF (RSP, 3.8%), Ishares (IWM, 3.3%). A portfolio copying its top holdings returned 14.5% a year over the last 3 years, against 20.4% for the S&P 500.

Aspen Investment Management Inc holdings largest 50 of 187 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 Investment Management Inc 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SPYSpdr S&p 500 ETF Tr	6.7%	7.2%	33,300	-7.3%	$24.9M
RSPInvesco S&p 500 Equal Weight ETF	3.8%	3.9%	66,777	+1.6%	$14.2M
IWMIshares	3.3%	2.9%	41,217	+6.8%	$12.4M
IEFAIshares Core Msci Eafe ETF	2.8%	2.9%	107,296	+3.2%	$10.4M
AAPLApple Inc	2.7%	2.6%	34,299	+1.6%	$9.9M
MSFTMicrosoft Corp	2.3%	2.6%	23,195	+1.8%	$8.7M
IGIBIshares Tr	2.3%	2.6%	162,040	+2.9%	$8.6M
IGSBIshares 1-3 Yr Credit Bond ETF	2.2%	2.4%	158,883	+4.5%	$8.3M
GLWCorning Inc.	2.1%	1.4%	29,977	-9.2%	$7.7M
GOOGLAlphabet Inc	2.0%	1.8%	20,850	+0.3%	$7.5M
GSGoldman Sachs Group Inc	1.9%	1.9%	7,142	-0.5%	$7.2M
VIGVanguard Dividend Appreciation ETF	1.9%	1.9%	29,260	+0.1%	$6.9M
JPMJpmorgan Chase & Co	1.8%	1.8%	20,540	+0.2%	$6.7M
VTIVanguard Index Fds	1.5%	1.4%	15,349	+6.4%	$5.7M
WMTWalmart Inc	1.3%	1.6%	42,885	-0.7%	$4.9M
IVVIshares Core S&p 500 ETF	1.3%	1.1%	6,403	+13.1%	$4.8M
AMZNAmazon Com Inc Com	1.3%	1.2%	20,100	+4.7%	$4.8M
JNJJohnson & Johnson	1.3%	1.4%	18,458	+1.7%	$4.7M
MUMicron Technology Inc	1.3%	—	4,060	—	$4.7M
NVDANvidia Corporation Com	1.2%	1.2%	22,272	+3.2%	$4.5M
FPEFirst Tr Exch Traded Fd III	1.2%	1.3%	246,947	-0.1%	$4.4M
SCHDSchwab Strategic Tr	1.2%	0.9%	138,852	+49.2%	$4.4M
LLYLilly Eli & Co	1.1%	0.9%	3,349	+3.1%	$4.0M
BSCRInvesco Exch Trd Slf Idx Fd	1.0%	1.1%	191,659	+0.5%	$3.8M
CATCaterpillar Inc Com	1.0%	0.8%	3,515	-0.8%	$3.7M
ABBVAbbvie Inc	0.9%	0.9%	13,782	+3.8%	$3.5M
BSCSInvesco Exch Trd Slf Idx Fd	0.9%	1.0%	164,663	+0.8%	$3.4M
FTSLFirst Tr Exchange-Traded Fd	0.9%	1.0%	72,334	-1.2%	$3.2M
XLEState Street Energy Select Sector Spdr E	0.8%	1.1%	59,349	+0.2%	$3.2M
SPYINeos ETF Trust	0.8%	0.9%	58,305	+2.6%	$3.1M
VNQVanguard Real Estate ETF	0.8%	—	31,632	—	$3.0M
SCHASchwab U.s. Small-Cap ETF	0.8%	0.7%	80,443	-0.2%	$2.9M
MRVLMarvell Technology Inc	0.8%	—	9,744	—	$2.9M
BSCTInvesco Exch Trd Slf Idx Fd	0.8%	0.9%	152,737	+1.0%	$2.8M
CSCOCisco Sys Inc	0.7%	—	23,704	—	$2.8M
AMGNAmgen Inc Com	0.7%	0.8%	7,645	-0.6%	$2.8M
PWRQuanta Svcs Inc Com	0.7%	0.6%	3,819	+3.5%	$2.8M
SCHXSchwab Stratgc Tr	0.7%	0.7%	90,217	+5.2%	$2.7M
TTTrane Technologies PLC	0.7%	0.7%	5,369	+1.3%	$2.6M
HYSPimco ETF Tr	0.7%	0.8%	28,187	+0.1%	$2.6M
XLUSpdr	0.7%	0.8%	58,050	+1.0%	$2.6M
VVisa Inc Com Cl A	0.7%	0.7%	7,431	+0.9%	$2.5M
DESWisdomtree Tr	0.6%	0.6%	58,678	+1.6%	$2.4M
SCHWSchwab Charles Corp	0.6%	0.7%	25,797	+2.1%	$2.4M
PGProcter & Gamble Co Com	0.6%	0.7%	15,938	-0.2%	$2.3M
HDHome Depot Inc Com	0.6%	0.6%	6,374	-0.7%	$2.2M
KOCoca Cola Co	0.6%	0.6%	27,234	+0.7%	$2.2M
PEPPepsico Inc	0.6%	0.8%	16,302	+1.2%	$2.2M
IWBIshares Russell 1000 ETF	0.6%	—	5,369	—	$2.2M
GOOGAlphabet Inc	0.6%	—	6,193	—	$2.2M

What Aspen Investment Management Inc 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: +15.0% /yr; S&P 500 +20.1%
3 years: +14.5% /yr; S&P 500 +20.4%
5 years: +5.2% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 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	$372.0M	187
Q1 2026	$326.5M	171
Q4 2025	$331.3M	176
Q3 2025	$258.8M	149
Q2 2025	$237.8M	147
Q1 2025	$216.9M	146
Q4 2024	$215.4M	141
Q3 2024	$214.4M	147
Q2 2024	$200.4M	148
Q1 2024	$196.9M	153
Q4 2023	$179.0M	139
Q3 2023	$165.0M	137

Questions about Aspen Investment Management Inc's portfolio

What stocks does Aspen Investment Management Inc own?

Aspen Investment Management Inc's latest 13F, for Q2 2026 and filed Jul 17, 2026, lists 187 positions worth $372.0M. The largest are Spdr S&p 500 ETF Tr (SPY) at 6.7%, Invesco S&p 500 Equal Weight ETF (RSP) at 3.8%, Ishares (IWM) at 3.3%, Ishares Core Msci Eafe ETF (IEFA) at 2.8% and Apple Inc (AAPL) at 2.7%.

What did Aspen Investment Management Inc buy last quarter?

In Q2 2026, Aspen Investment Management Inc added Schwab Strategic Tr (SCHD) (+49.2% shares), Ishares Core S&p 500 ETF (IVV) (+13.1% shares) and Ishares (IWM) (+6.8% shares), compared with its Q1 2026 filing.

What did Aspen Investment Management Inc sell last quarter?

In Q2 2026, Aspen Investment Management Inc cut from its top 50 Chevron Corp New (CVX), cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Stryker Corporation (SYK), cut from its top 50 Intercontinental Exchange in (ICE), cut from its top 50 Spdr Gold Shares (GLD), Corning Inc. (GLW) (-9.2% shares) and Spdr S&p 500 ETF Tr (SPY) (-7.3% shares), compared with its Q1 2026 filing.

How has Aspen Investment Management Inc's portfolio performed?

A portfolio copying Aspen Investment Management Inc's 20 largest 13F holdings each quarter, from the day each filing was public, returned +14.5% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +15.0% against +20.1%. Over 5 years: +5.2% a year against +11.6%.

When is Aspen Investment Management Inc's next 13F filing due?

13F filings are due 45 days after each quarter ends. Aspen Investment Management Inc'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 Investment Management Inc manage?

Aspen Investment Management Inc reported $452.5M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $372.0M.