Institutional Manager · CIK 0001972517

Aspen Wealth Strategies, LLC

ARVADA, CO · File #028-23235

Latest AUM

$182.8M

Positions

Top-10 Concentration

66.5%

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
REDUCE	VANECK ETF TRUST	92189F643	-63,560	-$6.6M	+$725,903
REDUCE	SCHWAB STRATEGIC TR	808524300	-140,558	-$4.6M	+$446,431
ADD	ISHARES TR	46432F842	+41,337	+$3.7M	+$247,206
NEW	ISHARES TR	464287812	+48,428	+$3.2M	$0
REDUCE	ISHARES TR	464287200	-3,856	-$2.6M	+$528,236
ADD	VANGUARD WORLD FD	92204A504	+8,623	+$2.5M	+$56,195
ADD	SPDR SERIES TRUST	78464A854	+27,554	+$2.2M	+$5,208
EXITED	SPDR SERIES TRUST	78464A771	-14,107	-$2.2M	$0
ADD	SIMPLIFY EXCHANGE TRADED FUN	82889N699	+58,394	+$1.6M	-$140,837
NEW	FIRST TR EXCHANGE TRADED FD	33734X721	+44,477	+$1.4M	$0

Sector Allocation

9.0%$16.4M

3.4%$6.1M

2.1%$3.9M

1.8%$3.3M

Consumer Discretionary

1.6%$3.0M

Consumer Staples

1.0%$1.9M

Industrials

1.0%$1.9M

Communication Services

0.8%$1.5M

Real Estate

0.1%$268,616

Filing History

Jan 28, 202613F HOLDINGS REPORTQ/E Dec 202583 pos · $182.8M
Nov 10, 202513F HOLDINGS REPORTQ/E Sep 202585 pos · $180.0M
Aug 7, 202513F HOLDINGS REPORTQ/E Jun 202582 pos · $165.9M
Apr 30, 202513F HOLDINGS REPORTQ/E Mar 202583 pos · $152.6M
Feb 10, 202513F HOLDINGS REPORTQ/E Dec 202480 pos · $156.4M
Oct 28, 202413F HOLDINGS REPORTQ/E Sep 202481 pos · $155.2M
Jul 22, 202413F HOLDINGS REPORTQ/E Jun 202473 pos · $143.8M
May 13, 202413F HOLDINGS REPORTQ/E Mar 202476 pos · $144.8M
Nov 1, 202313F HOLDINGS REPORTQ/E Dec 202375 pos · $128.2M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD INDEX FDS	922908744	107,349	$20.5M	11.96%
2	ISHARES TR	464287200	29,902	$20.5M	11.95%
3	SCHWAB STRATEGIC TR	808524300	488,206	$15.9M	9.29%
4	ISHARES TR	46432F842	156,305	$14.0M	8.16%
5	VANECK ETF TRUST	92189F643	99,571	$10.3M	6.02%
6	BROADCOM INC	AVGO	23,250	$8.0M	4.69%
7	SIMPLIFY EXCHANGE TRADED FUN	82889N699	256,767	$7.0M	4.08%
8	FIDELITY COVINGTON TRUST	31609A503	190,501	$6.9M	4.04%
9	ISHARES TR	46434V290	74,383	$5.6M	3.25%
10	INVESCO EXCHANGE TRADED FD T	IVZ	51,747	$5.3M	3.09%
11	ALPHABET INC	GOOG	13,724	$4.3M	2.51%
12	VANGUARD INDEX FDS	922908611	18,116	$3.8M	2.24%
13	ISHARES TR	464287812	48,428	$3.2M	1.89%
14	MICROSOFT CORP	MSFT	6,332	$3.1M	1.79%
15	VANGUARD WORLD FD	92204A504	10,616	$3.1M	1.78%
16	APPLE INC	AAPL	9,794	$2.7M	1.55%
17	JPMORGAN CHASE & CO.	VYLD	8,166	$2.6M	1.54%
18	GLOBAL X FDS	37954Y632	51,669	$2.6M	1.53%
19	SPDR SERIES TRUST	78464A854	30,312	$2.4M	1.42%
20	ABBVIE INC	ABBV	9,866	$2.3M	1.32%