Managers / Q1 2026
DENVER WEALTH MANAGEMENT, INC.
CIK 0001909800 · 4582 S ULSTER ST, SUITE 1300, DENVER, CO, 80237 · (303) 261-8015
Summary
Denver Wealth Management, Inc. reported $291M in U.S.-listed holdings across 100 positions for Q1 2026.
The portfolio is heavily concentrated: Spdr Series alone accounts for 20.3% of reported value.
Compared with Q4 2025, the fund opened 16 new positions and exited 8.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ETP · 91.5% · $266M
- Common Stock · 7.8% · $23M
- REIT · 0.4% · $1M
- Closed-End Fund · 0.3% · $987,542
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| LAZARD ACTIVE ETF TR | NEW | +431.0K | 431.0K | +$14M | $14M |
| VANGUARD INDEX FDS | NEW | +4.6K | 4.6K | +$3M | $3M |
| PNCPNC FINL SVCS GROUP INC | NEW | +11.0K | 11.0K | +$2M | $2M |
| VANGUARD TAX-MANAGED FDS | NEW | +14.0K | 14.0K | +$900,056 | $900,056 |
| VUSBVANGUARD BD INDEX FDS | NEW | +12.9K | 12.9K | +$640,066 | $640,066 |
| VANGUARD INDEX FDS | NEW | +2.8K | 2.8K | +$574,669 | $574,669 |
| IAU*ISHARES GOLD TR | NEW | +6.1K | 6.1K | +$538,128 | $538,128 |
| VANGUARD INDEX FDS | NEW | +1.3K | 1.3K | +$338,675 | $338,675 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SPDR SERIES TRUST | STATE STREET SPD | 27.52% | $80M | 1.05M |
| 2 | INVESCO EXCH TRADED FD TR II | NASDAQ 100 ETF · S&P 500 REVENUE | 24.40% | $71M | 385.4K |
| 3 | ISHARES TR | RUS 1000 GRW ETF · MRGSTR MD CP GRW · CORE 40/60 MODER · CORE S&P500 ETF | 7.93% | $23M | 133.5K |
| 4 | INVESCO EXCHANGE TRADED FD T | S&P500 EQL UTL · S&P MDCP QUALITY · S&P500 QUALITY | 5.75% | $17M | 188.6K |
| 5 | LAZARD ACTIVE ETF TR | INTL DYNAMIC EQT | 4.71% | $14M | 431.0K |
| 6 | RDVYFIRST TR EXCHANGE TRADED FD | RISNG DIVD ACHIV · SHS | 4.17% | $12M | 185.5K |
| 7 | AAPLAPPLE INChistory → | COM | 2.68% | $8M | 30.7K |
| 8 | WISDOMTREE TR | FLOATNG RAT TREA · US QTLY DIV GRT · ITL HDG QTLY DIV · US MIDCAP DIVID | 1.91% | $6M | 96.4K |
| 9 | GLOBAL X FDS | 1-3 MONTH T-BILL | 1.73% | $5M | 50.1K |
| 10 | STATE STR SPDR S&P 500 ETF T | TR UNIT | 1.25% | $4M | 5.6K |
| 11 | VUGVANGUARD INDEX FDS | S&P 500 ETF SHS · GROWTH ETF | 1.19% | $3M | 6.2K |
| 12 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 1.00% | $3M | 5.0K |
| 13 | PNCPNC FINL SVCS GROUP INC | COM | 0.79% | $2M | 11.0K |
| 14 | JANUS DETROIT STR TR | HENDRSON AAA CL | 0.77% | $2M | 44.5K |
| 15 | TBILRBB FD INC | F/M US TREASURY · US TRSRY 6 MNTH | 0.72% | $2M | 42.0K |
| 16 | INVESCO EXCH TRD SLF IDX FD | BULSHS 2026 CB · BULSHS 2027 CB | 0.69% | $2M | 103.2K |
| 17 | PGIM ETF TR | AAA CLO ETF | 0.69% | $2M | 39.1K |
| 18 | XLUSELECT SECTOR SPDR TR | STATE STREET UTI · STATE STREET ENE | 0.66% | $2M | 38.1K |
| 19 | NVDANVIDIA CORPORATION | COM | 0.65% | $2M | 10.8K |
| 20 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.50% | $1M | 3.0K |
| 21 | VANECK ETF TRUST | SEMICONDUCTR ETF | 0.48% | $1M | 3.6K |
| 22 | AMERICAN CENTY ETF TR | US SML CP VALU | 0.47% | $1M | 12.4K |
| 23 | TSLATESLA INC | COM | 0.45% | $1M | 3.5K |
| 24 | SIVRABRDN SILVER ETF TRUST | PHYSCL SILVR SHS | 0.44% | $1M | 18.1K |
| 25 | HDHOME DEPOT INC | COM | 0.33% | $954,821 | 2.9K |
| 26 | OREALTY INCOME CORP | COM | 0.31% | $914,862 | 15.0K |
| 27 | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 0.31% | $900,056 | 14.0K |
| 28 | COLUMBIA ETF TR I | RESH ENHNC COR | 0.29% | $852,857 | 21.9K |
| 29 | WORLD GOLD TR | SPDR GLD MINIS | 0.27% | $780,543 | 8.4K |
| 30 | EXMOCEXXON MOBIL CORP | COM | 0.25% | $720,108 | 4.2K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $291M | 100 | Apr 27, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $282M | 92 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $271M | 91 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $242M | 87 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $219M | 87 | Apr 22, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $222M | 82 | Jan 22, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $216M | 87 | Oct 21, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $200M | 83 | Jul 22, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $196M | 80 | Apr 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $177M | 75 | Jan 23, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $155M | 71 | Oct 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $143M | 71 | Jul 17, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $144M | 80 | May 4, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $134M | 71 | Jan 27, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $106M | 51 | Nov 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $96M | 53 | Aug 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $95M | 46 | Apr 26, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $104M | 43 | Feb 17, 2022 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.