DENVER PWM, LLC

Filed: 8/14/2025ACC: 0001420506-25-001983

📋 What this filing means

DENVER PWM, LLC filed this quarterly 13F‑HR report disclosing 78 equity positions with a total reported market value of $320.67M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$320.67M

Total AUM (reported)

9.44M

Total Shares

Allocation by class

US LCAP GR ETF$31.53M9.8%

COM$25.00M7.8%

IBONDS 25 TRM TS$20.44M6.4%

US LCAP VA ETF$18.31M5.7%

US MID-CAP ETF$18.26M5.7%

INTL EQTY ETF$17.91M5.6%

IBONDS 26 TRM TS$17.90M5.6%

Portfolio Concentration

Top 3$70.28M21.9%

4–10$118.86M37.1%

11–25$88.53M27.6%

Rest$42.99M13.4%

Top 3 weight

21.9%

Top 10 weight

59.0%

Voting Authority Distribution

Total shares with voting rights: 9.44M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

9.44M

% of voting shares100.0%

Investment Discretion (by position count)

Sole78

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings78

Rows:

SCHWAB STRATEGIC TR

SOLE

US LCAP GR ETF

Shares1.08M

TypeSH

Market value$31.53M

9.83%

Sole

0.00

Shared

0.00

None

1.08M

ISHARES TR

SOLE

IBONDS 25 TRM TS

Shares875.12K

TypeSH

Market value$20.44M

6.38%

Sole

0.00

Shared

0.00

None

875.12K

SCHWAB STRATEGIC TR

SOLE

US LCAP VA ETF

Shares661.71K

TypeSH

Market value$18.31M

5.71%

Sole

0.00

Shared

0.00

None

661.71K

SCHWAB STRATEGIC TR

SOLE

US MID-CAP ETF

Shares650.80K

TypeSH

Market value$18.26M

5.69%

Sole

0.00

Shared

0.00

None

650.80K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares810.42K

TypeSH

Market value$17.91M

5.59%

Sole

0.00

Shared

0.00

None

810.42K

ISHARES TR

SOLE

IBONDS 26 TRM TS

Shares780.84K

TypeSH

Market value$17.90M

5.58%

Sole

0.00

Shared

0.00

None

780.84K

ISHARES TR

SOLE

IBONDS 28 TRM TS

Shares750.02K

TypeSH

Market value$16.77M

5.23%

Sole

0.00

Shared

0.00

None

750.02K

ISHARES TR

SOLE

IBONDS 27 TRM TS

Shares743.35K

TypeSH

Market value$16.72M

5.21%

Sole

0.00

Shared

0.00

None

743.35K

SSGA ACTIVE ETF TR

SOLE

SPDR TR TACTIC

Shares397.77K

TypeSH

Market value$15.95M

4.98%

Sole

0.00

Shared

0.00

None

397.77K

ISHARES TR

SOLE

HDG MSCI EAFE

Shares404.32K

TypeSH

Market value$15.35M

4.79%

Sole

0.00

Shared

0.00

None

404.32K

ISHARES TR

SOLE

IBONDS 29 TRM TS

Shares690.45K

TypeSH

Market value$15.13M

4.72%

Sole

0.00

Shared

0.00

None

690.45K

JANUS DETROIT STR TR

SOLE

HENDRSON AAA CL

Shares225.35K

TypeSH

Market value$11.44M

3.57%

Sole

0.00

Shared

0.00

None

225.35K

ISHARES TR

SOLE

US SML CAP EQT

Shares131.40K

TypeSH

Market value$8.93M

2.78%

Sole

0.00

Shared

0.00

None

131.40K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares13.97K

TypeSH

Market value$7.93M

2.47%

Sole

0.00

Shared

0.00

None

13.97K

ISHARES TR

SOLE

S&P MC 400GR ETF

Shares81.63K

TypeSH

Market value$7.43M

2.32%

Sole

0.00

Shared

0.00

None

81.63K

PIMCO ETF TR

SOLE

ACTIVE BD ETF

Shares68.09K

TypeSH

Market value$6.28M

1.96%

Sole

0.00

Shared

0.00

None

68.09K

J P MORGAN EXCHANGE TRADED F

SOLE

ACTIVE VALUE ETF

Shares84.58K

TypeSH

Market value$5.54M

1.73%

Sole

0.00

Shared

0.00

None

84.58K

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares194.41K

TypeSH

Market value$4.75M

1.48%

Sole

0.00

Shared

0.00

None

194.41K

APPLE INC

SOLE

COM

Shares18.39K

TypeSH

Market value$3.77M

1.18%

Sole

0.00

Shared

0.00

None

18.39K

ISHARES INC

SOLE

MSCI EMRG CHN

Shares54.64K

TypeSH

Market value$3.45M

1.08%

Sole

0.00

Shared

0.00

None

54.64K

ISHARES TR

SOLE

CORE S&P US VLU

Shares32.95K

TypeSH

Market value$3.12M

0.97%

Sole

0.00

Shared

0.00

None

32.95K

MICROSOFT CORP

SOLE

COM

Shares6.20K

TypeSH

Market value$3.08M

0.96%

Sole

0.00

Shared

0.00

None

6.20K

NVIDIA CORPORATION

SOLE

COM

Shares16.72K

TypeSH

Market value$2.64M

0.82%

Sole

0.00

Shared

0.00

None

16.72K

ISHARES TR

SOLE

CORE MSCI PAC

Shares37.72K

TypeSH

Market value$2.59M

0.81%

Sole

0.00

Shared

0.00

None

37.72K

VANECK ETF TRUST

SOLE

FALLEN ANGEL HG

Shares83.56K

TypeSH

Market value$2.45M

0.76%

Sole

0.00

Shared

0.00

None

83.56K

Issuer	Class	Shares	Type	Value / Portfolio %	None
SCHWAB STRATEGIC TRSOLE	US LCAP GR ETF	1.08M	SH	$31.53M 9.83%	1.08M
ISHARES TRSOLE	IBONDS 25 TRM TS	875.12K	SH	$20.44M 6.38%	875.12K
SCHWAB STRATEGIC TRSOLE	US LCAP VA ETF	661.71K	SH	$18.31M 5.71%	661.71K
SCHWAB STRATEGIC TRSOLE	US MID-CAP ETF	650.80K	SH	$18.26M 5.69%	650.80K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	810.42K	SH	$17.91M 5.59%	810.42K
ISHARES TRSOLE	IBONDS 26 TRM TS	780.84K	SH	$17.90M 5.58%	780.84K
ISHARES TRSOLE	IBONDS 28 TRM TS	750.02K	SH	$16.77M 5.23%	750.02K
ISHARES TRSOLE	IBONDS 27 TRM TS	743.35K	SH	$16.72M 5.21%	743.35K
SSGA ACTIVE ETF TRSOLE	SPDR TR TACTIC	397.77K	SH	$15.95M 4.98%	397.77K
ISHARES TRSOLE	HDG MSCI EAFE	404.32K	SH	$15.35M 4.79%	404.32K
ISHARES TRSOLE	IBONDS 29 TRM TS	690.45K	SH	$15.13M 4.72%	690.45K
JANUS DETROIT STR TRSOLE	HENDRSON AAA CL	225.35K	SH	$11.44M 3.57%	225.35K
ISHARES TRSOLE	US SML CAP EQT	131.40K	SH	$8.93M 2.78%	131.40K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	13.97K	SH	$7.93M 2.47%	13.97K
ISHARES TRSOLE	S&P MC 400GR ETF	81.63K	SH	$7.43M 2.32%	81.63K
PIMCO ETF TRSOLE	ACTIVE BD ETF	68.09K	SH	$6.28M 1.96%	68.09K
J P MORGAN EXCHANGE TRADED FSOLE	ACTIVE VALUE ETF	84.58K	SH	$5.54M 1.73%	84.58K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	194.41K	SH	$4.75M 1.48%	194.41K
APPLE INCSOLE	COM	18.39K	SH	$3.77M 1.18%	18.39K
ISHARES INCSOLE	MSCI EMRG CHN	54.64K	SH	$3.45M 1.08%	54.64K
ISHARES TRSOLE	CORE S&P US VLU	32.95K	SH	$3.12M 0.97%	32.95K
MICROSOFT CORPSOLE	COM	6.20K	SH	$3.08M 0.96%	6.20K
NVIDIA CORPORATIONSOLE	COM	16.72K	SH	$2.64M 0.82%	16.72K
ISHARES TRSOLE	CORE MSCI PAC	37.72K	SH	$2.59M 0.81%	37.72K
VANECK ETF TRUSTSOLE	FALLEN ANGEL HG	83.56K	SH	$2.45M 0.76%	83.56K

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