Portfolio (Quarterly) Guide ↗

Denver PWM, LLC

· CIK 0001657980

13F Portfolio $291M AUM 87 positions Filed May 13, 2026 EDGAR ↗ ← All Funds

Q1 2026 Q4 2025 · All 16 New 14 Added 50 Reduced 5 Exited

#	Ticker	Company	Sector	Shares	Value ↓	% Port	Chg Shares	Chg %	Period Price ①	Since Period ①
1	—	ISHARES TR	—	772,699.0	$17.3M	5.95%	+29K	+3.9%	$22.39	—
2	JBBB	JANUS DETROIT STR TR	—	37,995.0	$1.8M	0.62%	+20K	+110.8%	$47.42	-0.1%
3	IWB	ISHARES TR	—	3,248.0	$1.3M	0.45%	+26.0	+0.8%	$402.36	+1.5%
4	GOOGL	ALPHABET INC	Communication Services	1,964.0	$787K	0.27%	+28.0	+1.4%	$400.85	-8.2%
5	VUG	VANGUARD INDEX FDS	—	6,952.0	$604K	0.21%	+6K	+467.5%	$86.84	+0.2%
6	JPM	JPMORGAN CHASE & CO	Financial Services	1,919.0	$580K	0.20%	+172.0	+9.8%	$302.13	+7.6%
7	IWM	ISHARES TR	—	1,731.0	$492K	0.17%	+70.0	+4.2%	$284.25	+4.0%
8	BA	BOEING CO	Industrials	2,045.0	$485K	0.17%	+197.0	+10.7%	$237.36	-6.2%
9	GE	GE AEROSPACE	Industrials	1,604.0	$477K	0.16%	+311.0	+24.1%	$297.08	+20.4%
10	WMT	WALMART INC	Consumer Defensive	3,561.0	$464K	0.16%	+644.0	+22.1%	$130.42	-10.2%
11	META	META PLATFORMS INC	Communication Services	567.0	$345K	0.12%	+15.0	+2.7%	$609.32	-5.3%
12	AMGN	AMGEN INC	Healthcare	1,041.0	$345K	0.12%	+13.0	+1.3%	$331.57	+1.8%
13	WFC	WELLS FARGO & CO	Financial Services	3,889.0	$294K	0.10%	+393.0	+11.2%	$75.64	+8.7%
14	GILD	GILEAD SCIENCES INC	Healthcare	2,100.0	$276K	0.10%	+100.0	+5.0%	$131.33	-5.8%

① Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation

Technology 46.3%

Industrials 13.2%

Communication Services 8.8%

Consumer Defensive 8.6%

Consumer Cyclical 6.7%

Healthcare 5.5%

Financial Services 5.3%

Energy 4.6%

Utilities 1.0%