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Portfolio (Quarterly) Guide ↗

Aspen Capital Management, LLC

· CIK 0002065974
13F Portfolio $404M AUM 77 positions Filed Apr 20, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 4 New 15 Added 14 Reduced 7 Exited
Page 2 of 4  ·  77 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 MSFT MICROSOFT CORP Technology 7,726.0 $2.9M 0.71% -402.0 -5.0% $370.15 +1.0%
22 DUSB DIMENSIONAL ETF TRUST 47,403.0 $2.4M 0.59% NEW $50.71 -0.0%
23 IVV ISHARES TR 3,514.0 $2.3M 0.57% -111.0 -3.1% $653.21 +12.9%
24 DFAW DIMENSIONAL ETF TRUST 26,050.0 $1.9M 0.48% +3K +11.9% $73.78 +10.8%
25 IWM ISHARES TR 7,683.0 $1.9M 0.47% $247.99 +19.1%
26 AVUS AMERICAN CENTY ETF TR 14,662.0 $1.6M 0.40% $111.18 +13.3%
27 SPY STATE STR SPDR S&P 500 ETF T Financial Services 2,320.0 $1.5M 0.37% -55.0 -2.3% $650.34 +12.8%
28 EFA ISHARES TR 14,000.0 $1.4M 0.34% $97.13 +5.4%
29 VTI VANGUARD INDEX FDS 4,229.0 $1.4M 0.34% $320.80 +13.4%
30 DIA STATE STR SPDR DOW JONES IND Financial Services 2,850.0 $1.3M 0.33% $463.19 +11.5%
31 VTV VANGUARD INDEX FDS 6,633.0 $1.3M 0.32% $196.20 +10.8%
32 JPM JPMORGAN CHASE & CO Financial Services 4,172.0 $1.2M 0.30% -610.0 -12.8% $294.16 +13.6%
33 AMZN AMAZON COM INC Consumer Cyclical 5,685.0 $1.2M 0.29% +120.0 +2.2% $208.27 +12.4%
34 VT VANGUARD INTL EQUITY INDEX F 7,909.0 $1.1M 0.27% -54.0 -0.7% $138.32 +11.6%
35 AVUV AMERICAN CENTY ETF TR 9,752.0 $1.1M 0.27% $110.47 +10.8%
36 PAYO PAYONEER GLOBAL INC Technology 194,222.0 $938K 0.23% $4.83 +46.2%
37 GOOGL ALPHABET INC Communication Services 3,035.0 $873K 0.22% $287.56 +20.4%
38 GOOG ALPHABET INC Communication Services 3,023.0 $867K 0.21% $286.86 +20.6%
39 DFSE DIMENSIONAL ETF TRUST 20,087.0 $851K 0.21% +1K +6.3% $42.37 +14.1%
40 BERKSHIRE HATHAWAY INC DEL 1.0 $718K 0.18% $718140.00
Page 2 of 4  ·  77 positions

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
Financial Services 44.5%
Technology 39.4%
Consumer Cyclical 4.8%
Communication Services 4.2%
Healthcare 4.0%
Industrials 1.6%
Consumer Defensive 1.5%