Institutional Manager · CIK 0002005409

Bruce G. Allen Investments, LLC

DENVER, CO · File #028-23496

Latest AUM

$147.8M

Positions

1,081

Top-10 Concentration

76.4%

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	SCHWAB US DIVIDEND EQUITY ETF	808524797	+110,671	+$3.0M	+$38,867
ADD	VANGUARD VALUE ETF	922908744	+8,447	+$1.6M	+$345,831
ADD	ALPHABET INC CAP STK CL A	GOOG	+1,628	+$509,564	+$50,608
REDUCE	SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR	SII	-14,244	-$470,337	+$498,263
NEW	TOTALENERGIES SE ACT	TTE	+4,091	+$267,633	$0
ADD	VANGUARD MID-CAP VALUE ETF	922908512	+1,322	+$234,481	+$75,066
EXITED	TOTALENERGIES SE SPONSORED ADS	89151E109	-3,919	-$233,925	$0
NEW	UNILEVER PLC SPON ADR NEW	UNLYF	+2,988	+$195,415	$0
ADD	STATE STREET ENERGY SELECT SECTOR SPDR ETF	81369Y506	+4,209	+$188,194	-$181,903
EXITED	UNILEVER PLC SPON ADR NEW	904767704	-2,988	-$177,129	$0

Sector Allocation

6.0%$8.9M

4.0%$5.9M

2.9%$4.3M

2.8%$4.2M

1.6%$2.3M

1.5%$2.2M

Consumer Discretionary

1.1%$1.7M

Communication Services

0.9%$1.3M

Materials

0.6%$833,308

Real Estate

0.4%$624,047

Utilities

0.3%$502,762

Filing History

Feb 10, 202613F HOLDINGS REPORTQ/E Dec 20251,081 pos · $147.8M
Oct 30, 202513F HOLDINGS REPORTQ/E Sep 20251,080 pos · $139.6M
Jul 9, 202513F HOLDINGS REPORTQ/E Jun 20251,079 pos · $131.9M
Apr 14, 202513F HOLDINGS REPORTQ/E Mar 20251,095 pos · $126.3M
Jan 10, 202513F HOLDINGS REPORTQ/E Dec 20241,090 pos · $123.2M
Oct 8, 202413F HOLDINGS REPORTQ/E Sep 20241,116 pos · $128.8M
Jul 12, 202413F HOLDINGS REPORTQ/E Jun 20241,007 pos · $118.9M
Apr 10, 202413F HOLDINGS REPORTQ/E Mar 2024961 pos · $121.6M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES MSCI EAFE VALUE ETF	464288877	324,859	$23.2M	20.14%
2	VANGUARD VALUE ETF	922908744	85,291	$16.3M	14.14%
3	SCHWAB US DIVIDEND EQUITY ETF	808524797	409,630	$11.2M	9.76%
4	SCHWAB FUNDAMENTAL INTERNATIONAL EQUITY ETF	808524755	230,138	$10.4M	9.03%
5	SCHWAB FUNDAMENTAL U.S. LARGE COMPANY ETF	808524771	351,162	$9.6M	8.30%
6	VANGUARD MID-CAP VALUE ETF	922908512	28,261	$5.0M	4.35%
7	SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD TR	SII	132,304	$4.4M	3.79%
8	IPATH BLOOMBERG COMMODITY INDEX TOTAL RETURN ETN	VXZ	103,349	$3.9M	3.37%
9	APPLE INC COM	AAPL	8,248	$2.2M	1.95%
10	VANGUARD RUSSELL 1000 VALUE ETF	92206C714	20,075	$1.9M	1.61%
11	STATE STR SPDR S&P 500 ETF TR TR UNIT	SPY	2,376	$1.6M	1.41%
12	PIMCO RAFI ESG U.S. ETF	72201T342	38,065	$1.6M	1.39%
13	ISHARES RUSSELL 1000 VALUE ETF	464287598	7,371	$1.6M	1.35%
14	GE AEROSPACE COM NEW	369604301	4,209	$1.3M	1.13%
15	VANGUARD SMALL CAP VALUE ETF	922908611	5,900	$1.2M	1.08%
16	WISDOMTREE INTERNATIONAL SMALLCAP DIVIDEND FUND	WT	13,552	$1.1M	0.95%
17	ISHARES S&P SMALL-CAP 600 VALUE ETF	464287879	8,946	$1.0M	0.88%
18	NUVEEN TAXABLE MUNICPAL INM FD COM	NU	57,867	$914,304	0.79%
19	PROCTER & GAMBLE CO COM	742718109	5,566	$797,598	0.69%
20	ALPHABET INC CAP STK CL A	GOOG	2,352	$736,176	0.64%