Q1 2026 13F · SEC CIK 1657980

Denver PWM, LLC

Wealth managerFiled 2026-05-13 for Q1 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $290.9M
Reported positions: 87
Top holdings a year, 3 yrs: +10.4%
Assets under management: $524.4M

Denver PWM, LLC is a wealth manager that reported 87 positions worth $290.9M in its Q1 2026 13F, filed 2026-05-13. Its largest holdings were Schwab U.s. Large-Cap Growth ETF (SCHG, 8.7%), Schwab Strategic Tr (SCHM, 6.1%), Ishares Tr (IBTH, 5.9%). A portfolio copying its top holdings returned 10.4% a year over the last 3 years, against 20.4% for the S&P 500.

Denver PWM, LLC holdings largest 50 of 87 positions.

Weights are shares of the filer's total reported 13F value, compared with Q4 2025. 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.

Denver PWM, LLC 13F holdings
Stock	% of 13F value	Q4 2025	Shares	Share change	Reported value
SCHGSchwab U.s. Large-Cap Growth ETF	8.7%	10.5%	741,376	-31.3%	$25.3M
SCHMSchwab Strategic Tr	6.1%	6.1%	509,213	-21.8%	$17.7M
IBTHIshares Tr	5.9%	5.6%	772,699	+3.9%	$17.3M
SCHVSchwab Strategic Tr	5.9%	6.1%	521,831	-21.2%	$17.0M
IBTGIshares Tr	5.3%	6.0%	668,784	-14.4%	$15.3M
HEFAIShares Currency Hedged MSCI EAFE ETF	5.1%	5.1%	332,933	-17.7%	$14.9M
IBTIIshares Tr	5.1%	5.6%	665,587	-11.3%	$14.8M
IBTJIshares Tr	5.0%	5.1%	672,520	-2.6%	$14.6M
SCHFSchwab Intl Equity	4.8%	6.0%	511,007	-37.0%	$14.0M
IBTKIshares Tr	4.7%	—	694,518	—	$13.6M
TOTLSsga Active ETF Tr	4.4%	5.3%	323,044	-18.8%	$12.8M
JAAAJanus Detroit Str Tr	3.3%	3.8%	187,724	-16.7%	$9.5M
SMLFIshares Tr	3.0%	3.0%	103,774	-21.1%	$8.7M
IJKIshares S&p Mid-Cap 400 Growth ETF	2.5%	2.5%	65,240	-20.1%	$7.4M
VOOVanguard S&p 500 ETF	2.4%	2.6%	10,386	-25.6%	$7.0M
SCHXSchwab Stratgc Tr	1.8%	1.6%	184,945	-5.0%	$5.4M
AAPLApple Inc	1.8%	1.3%	17,662	-4.0%	$5.2M
BONDPimco ETF Tr	1.7%	2.1%	54,601	-19.8%	$5.0M
EMXCIshares Inc	1.4%	1.2%	42,411	-22.4%	$4.2M
JAVAJ P Morgan Exchange Traded F	1.4%	1.9%	52,531	-37.9%	$4.0M
CATCaterpillar Inc Com	1.1%	0.5%	3,714	-10.5%	$3.3M
IVVIshares Core S&p 500 ETF	0.9%	0.8%	3,370	-9.4%	$2.5M
MSFTMicrosoft Corp	0.8%	1.0%	5,876	-5.2%	$2.4M
IPACIshares Core Msci	0.8%	0.9%	28,658	-24.1%	$2.4M
SPMOInvesco Exch Traded Fd Tr II	0.8%	—	16,053	—	$2.3M
EFAiShs MSCI EAFE	0.8%	0.7%	21,914	-12.3%	$2.3M
COSTCostco Whsl Corp New	0.8%	0.7%	2,216	-1.5%	$2.2M
IUSVIshares Tr	0.7%	1.0%	19,503	-40.8%	$2.1M
IWRIshares Russell Midcap ETF	0.6%	0.8%	17,670	-33.2%	$1.9M
JBBBJanus Detroit Str Tr	0.6%	0.3%	37,995	+110.8%	$1.8M
NVDANvidia Corporation Com	0.6%	0.9%	7,748	-53.7%	$1.7M
ORCLOracle Corp	0.6%	0.8%	8,399	-20.8%	$1.6M
IEFAIshares Core Msci Eafe ETF	0.5%	0.8%	16,020	-45.1%	$1.6M
SCHASchwab U.s. Small-Cap ETF	0.5%	0.7%	44,326	-45.6%	$1.5M
CLSETrust for Professional Manag	0.5%	—	42,939	—	$1.4M
XOMExxon Mobil Corp	0.5%	0.3%	9,336	-1.0%	$1.3M
IWBIshares Russell 1000 ETF	0.4%	0.4%	3,248	+0.8%	$1.3M
LITELumentum Hldgs Inc Com	0.4%	—	1,387	—	$1.3M
AMZNAmazon Com Inc Com	0.4%	0.3%	3,956	-1.1%	$1.1M
HELOJ P Morgan Exchange Traded F	0.3%	0.8%	15,041	-59.1%	$1.0M
VZVerizon Communications Inc Com	0.3%	0.3%	19,906	+0.0%	$940K
GOOGLAlphabet Inc	0.3%	—	1,964	—	$787K
VEAVanguard Tax-Managed Fds	0.2%	0.2%	9,862	-0.4%	$699K
VBVanguard Indx Fd	0.2%	0.2%	2,412	-8.4%	$695K
NMAXNewsmax Inc Class B	0.2%	0.5%	107,741	+0.0%	$683K
SCHBSchwb US Broad	0.2%	0.2%	23,325	-21.0%	$663K
TSLATesla Inc Com	0.2%	0.2%	1,501	-4.5%	$643K
VUGVanguard Indx Fd	0.2%	0.2%	6,952	+467.5%	$604K
AVGOBroadcom Inc	0.2%	—	1,371	—	$590K
JPMJpmorgan Chase & Co	0.2%	0.2%	1,919	+9.8%	$580K

What Denver PWM, LLC bought and sold in Q1 2026, against Q4 2025.

New positions

Q4 2025's filing was too long to tell new positions apart.

Added to

Reduced

HELO J P Morgan Exchange Traded F-59.1% shares
NVDA Nvidia Corporation Com-53.7% shares
SCHA Schwab U.s. Small-Cap ETF-45.6% shares
IEFA Ishares Core Msci Eafe ETF-45.1% shares
IUSV Ishares Tr-40.8% shares
JAVA J P Morgan Exchange Traded F-37.9% shares
SCHF Schwab Intl Equity-37.0% shares
IWR Ishares Russell Midcap ETF-33.2% shares

Left the top 50

ANGL Vaneck ETF Trustwas 0.8%
QQQ Invesco Qqq Trwas 0.6%
IUSG iShares ETFs/USAwas 0.3%
IBM International Business Machswas 0.2%
DIS Disney Walt Cowas 0.2%
HD Home Depot Inc Comwas 0.2%

Share counts compared with the Q4 2025 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: +12.4% /yr; S&P 500 +20.1%
3 years: +10.4% /yr; S&P 500 +20.4%
5 years: +4.8% /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
Q1 2026	$290.9M	87
Q4 2025	$299.4M	76
Q3 2025	$320.7M	78
Q2 2025	$320.7M	78
Q1 2025	$277.9M	70
Q4 2024	$258.4M	231
Q3 2024	$263.3M	159
Q2 2024	$250.7M	234
Q1 2024	$258.7M	95
Q4 2023	$215.8M	85
Q3 2023	$239.0M	96
Q2 2023	$241.6M	97

Questions about Denver PWM, LLC's portfolio

What stocks does Denver PWM, LLC own?

Denver PWM, LLC's latest 13F, for Q1 2026 and filed May 13, 2026, lists 87 positions worth $290.9M. The largest are Schwab U.s. Large-Cap Growth ETF (SCHG) at 8.7%, Schwab Strategic Tr (SCHM) at 6.1%, Ishares Tr (IBTH) at 5.9%, Schwab Strategic Tr (SCHV) at 5.9% and Ishares Tr (IBTG) at 5.3%.

What did Denver PWM, LLC buy last quarter?

In Q1 2026, Denver PWM, LLC added Vanguard Indx Fd (VUG) (+467.5% shares), Janus Detroit Str Tr (JBBB) (+110.8% shares) and Jpmorgan Chase & Co (JPM) (+9.8% shares), compared with its Q4 2025 filing.

What did Denver PWM, LLC sell last quarter?

In Q1 2026, Denver PWM, LLC cut from its top 50 Vaneck ETF Trust (ANGL), cut from its top 50 Invesco Qqq Tr (QQQ), cut from its top 50 iShares ETFs/USA (IUSG), cut from its top 50 International Business Machs (IBM), cut from its top 50 Disney Walt Co (DIS), J P Morgan Exchange Traded F (HELO) (-59.1% shares), Nvidia Corporation Com (NVDA) (-53.7% shares) and Schwab U.s. Small-Cap ETF (SCHA) (-45.6% shares), compared with its Q4 2025 filing.

How has Denver PWM, LLC's portfolio performed?

A portfolio copying Denver PWM, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +10.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +12.4% against +20.1%. Over 5 years: +4.8% a year against +11.6%.

When is Denver PWM, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Denver PWM, LLC's filing for the quarter ending Jun 30, 2026 was due by Aug 14, 2026; this page updates once it is processed.

How much money does Denver PWM, LLC manage?

Denver PWM, LLC reported $524.4M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $290.9M.