Aspen Wealth Management LLC
Long book
$501.2M
Q1 2026
Positions
124
Top-10 weight
64%
concentration
Last quarter
+9.6%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsAspen Wealth Management LLC is a wealth-management firm allocating client money, running a $501.2M US long book across 124 positions.
The portfolio is concentrated: the top 10 names carry 64% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: DIMENSIONAL US EQ MKT ETF, DIMENSIONAL INTERNATIONAL CO, ISHARES MSCI USA QUALITY FAC, JPMORGAN CORE PLUS BOND ETF, DIMENSIONAL US TARGET VALUE.
Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.1%
Q2 2024
+6.1%
Q3 2024
-0.6%
Q4 2024
-1.5%
Q1 2025
+7.8%
Q2 2025
+6.6%
Q3 2025
+2.6%
Q4 2025
-0.7%
Q1 2026
+9.6%
Sector allocation
Consumer discretionary 24%
Technology 22%
Energy 19%
Financials 18%
Industrials 7%
Healthcare 4%
Utilities 2%
Other 1%
Long book by quarter
What does Aspen Wealth own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| WMT WALMART INC | Consumer discretionary | 52.0K | $6.5M | 1.3% | +1.1% |
| XOM EXXON MOBIL CORP | Energy | 36.5K | $6.2M | 1.2% | +0.6% |
| AAPL APPLE INC | Technology | 13.4K | $3.4M | 0.7% | +4.3% |
| MSFT MICROSOFT CORP | Technology | 5.3K | $2.0M | 0.4% | +10.0% |
| CFR CULLEN/FROST BANKERS INC | Financials | 12.4K | $1.7M | 0.3% | +235.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 3.3K | $1.6M | 0.3% | -3.0% |
| JPM JPMORGAN CHASE & CO | Financials | 5.0K | $1.5M | 0.3% | +3.7% |
| PB PROSPERITY BANCSHARES INC | Financials | 20.0K | $1.3M | 0.3% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.3K | $1.3M | 0.3% | +0.2% |
| NVDA NVIDIA CORP | Technology | 5.7K | $1.0M | 0.2% | +8.0% |
| CMC COMMERCIAL METALS CO | Industrials | 15.4K | $948K | 0.2% | New |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.2K | $869K | 0.2% | +13.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 3.5K | $853K | 0.2% | +1.9% |
| CVX CHEVRON CORP | Energy | 4.0K | $826K | 0.2% | +9.2% |
| GOOG ALPHABET INC-CL C | Technology | 2.6K | $735K | 0.1% | +18.2% |
| PH PARKER HANNIFIN CORP | Industrials | 633 | $567K | 0.1% | +17.4% |
| LMT LOCKHEED MARTIN CORP | Industrials | 884 | $535K | 0.1% | -20.1% |
| PG PROCTER & GAMBLE CO/THE | Other | 3.4K | $497K | 0.1% | +18.2% |
| AVGO BROADCOM INC | Technology | 1.5K | $464K | 0.1% | +35.5% |
| RF REGIONS FINANCIAL CORP | Financials | 17.7K | $461K | 0.1% | +1.0% |
| KMI KINDER MORGAN INC | Utilities | 12.2K | $409K | 0.1% | New |
| FFIN FIRST FINL BANKSHARES INC | Financials | 12.1K | $357K | 0.1% | -6.4% |
| LOW LOWE'S COS INC | Consumer discretionary | 1.4K | $333K | 0.1% | +4.5% |
| LLY ELI LILLY & CO | Healthcare | 354 | $326K | 0.1% | +12.7% |
| MLM MARTIN MARIETTA MATERIALS | Materials | 551 | $324K | 0.1% | +21.4% |
| ABBV ABBVIE INC | Healthcare | 1.4K | $308K | 0.1% | -24.4% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 1, 2026 | 124 | $501.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 5, 2026 | 118 | $476.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 2, 2025 | 107 | $450.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 2, 2025 | 88 | $403.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 23, 2025 | 86 | $353.4M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 15, 2025 | 86 | $337.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 8, 2024 | 89 | $329.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 10, 2024 | 83 | $289.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 17, 2024 | 73 | $259.0M | canonical | SEC ↗ |