Institutional Manager · CIK 0001714506

Mountain Capital Investment Advisors Inc.

WESTMINSTER, CO · File #028-18140

Latest AUM

$620.0M

Positions

Top-10 Concentration

92.9%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	THE ALGER ETF TRUST	015564206	+214,661	+$7.5M	-$430,263
ADD	VANGUARD INDEX FDS	922908744	+25,457	+$5.0M	+$7.1M
ADD	VANGUARD INDEX FDS	922908736	+9,370	+$4.5M	+$397,689
ADD	SCHWAB STRATEGIC TR	808524706	+87,320	+$3.0M	+$793,011
ADD	SCHWAB STRATEGIC TR	808524755	+39,923	+$1.9M	+$12.8M
ADD	HARTFORD FDS EXCHANGE TRADED	41653L305	+53,558	+$1.8M	-$183,292
ADD	VANGUARD INDEX FDS	922908751	+5,242	+$1.4M	+$2.6M
NEW	ISHARES INC	464286327	+20,150	+$950,677	$0
ADD	J P MORGAN EXCHANGE TRADED F	46641Q332	+15,168	+$888,997	+$501,679
REDUCE	SPDR GOLD TR	GLD	-1,541	-$705,778	+$232,288

Sector Allocation

Technology

1.7%$10.8M

Consumer Discretionary

1.3%$8.1M

1.0%$6.2M

0.2%$1.1M

0.1%$970,731

0.1%$850,759

0.1%$732,135

Communication Services

0.1%$461,589

Consumer Staples

0.0%$30,822

Filing History

Jan 28, 202613F HOLDINGS REPORTQ/E Dec 202593 pos · $620.0M
Nov 12, 202513F HOLDINGS REPORTQ/E Sep 202584 pos · $567.8M
Jul 29, 202513F HOLDINGS REPORTQ/E Jun 202573 pos · $520.4M
Apr 28, 202513F HOLDINGS REPORTQ/E Mar 202563 pos · $466.3M
Feb 13, 202513F HOLDINGS REPORTQ/E Dec 202462 pos · $483.0M
Nov 15, 202413F HOLDINGS REPORTQ/E Sep 202462 pos · $455.9M
Jul 16, 202413F HOLDINGS REPORTQ/E Jun 202449 pos · $403.0M
Apr 11, 202413F HOLDINGS REPORTQ/E Mar 202447 pos · $356.8M
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 202359 pos · $266.6M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD INDEX FDS	922908744	683,529	$135.1M	22.16%
2	SCHWAB STRATEGIC TR	808524755	2,644,572	$127.4M	20.91%
3	VANGUARD INDEX FDS	922908736	251,790	$121.7M	19.98%
4	HARTFORD FDS EXCHANGE TRADED	41653L305	1,199,065	$41.1M	6.74%
5	VANGUARD INDEX FDS	922908751	136,449	$37.5M	6.15%
6	THE ALGER ETF TRUST	015564206	1,058,318	$37.1M	6.09%
7	SCHWAB STRATEGIC TR	808524706	849,835	$29.4M	4.83%
8	J P MORGAN EXCHANGE TRADED F	46641Q332	300,208	$17.6M	2.89%
9	J P MORGAN EXCHANGE TRADED F	46654Q203	211,822	$12.6M	2.07%
10	TESLA INC	TSLA	14,308	$6.4M	1.05%
11	APPLE INC	AAPL	23,733	$5.9M	0.97%
12	J P MORGAN EXCHANGE TRADED F	46641Q837	88,934	$4.5M	0.74%
13	VANGUARD WHITEHALL FDS	921946794	39,426	$3.7M	0.61%
14	NVIDIA CORPORATION	NVDA	10,809	$2.0M	0.33%
15	MICROSOFT CORP	MSFT	3,952	$1.8M	0.30%
16	INVESCO EXCH TRADED FD TR II	IVZ	59,013	$1.8M	0.30%
17	AMAZON COM INC	AMZN	6,976	$1.7M	0.27%
18	VISA INC	V	5,068	$1.7M	0.27%
19	BERKSHIRE HATHAWAY INC DEL	BRK-A	3,281	$1.6M	0.26%
20	ISHARES BITCOIN TRUST ETF	IBIT	26,288	$1.3M	0.22%