Aspen Grove Capital, LLC — 13F Holdings & Portfolio

CIK 1806027 · latest 13F-HR filed 2026-08-14

Aspen Grove Capital, LLC manages $694.5M in 13F-reported U.S. long-equity assets across 214 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are FWONK (9.25%), SPY (8.54%), FWONA (4.42%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 26 new positions and exited 12; 117 existing positions rose in reported value and 32 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

AUM

$694.5M

Long-equity book

Holdings

214

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+26 / −12 / ↑117 / ↓32

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26

FWONK9.3% · new SPY8.5% · +0%FWONA4.4% · new IVV4.4% · +0%GOOGL4.1% · 0%AXON4.0% · +433%BKNG3.8% · +2401%VEA3.8% · +1%VTI3.8% · +0%META3.7% · -1%GOOG3.6% · +2%AAPL2.8% · +4%VIG2.5% · -0%VOO2.3% · -7%AMZN2.3% · -0%VLY2.2% · -4%VT2.0% · +2%EWW1.5% · +1%LBRDK1.4% · 0%IBM1.2% · 0%INDA1.1% · 0%SDY1.1% · 0%MSFT0.9% · +1%NVDA0.9% · +0%AVGO0.8% · +0%RY0.8% · -0%LLY0.7% · +1%BNY0.7% · new VWO0.6% · +1%HD0.6% · -0%VUG0.6% · +497%VTWO0.5% · -5%VTV0.5% · +0%MS0.5% · 0%SCHD0.5% · +2%WFC0.4% · 0%CCAP0.4% · +18%SIRI0.4% · 0%BRK.B0.4% · +1%SCHV0.4% · +0%SCHM0.4% · +0%SCHG0.4% · 0%JPM0.3% · 0%BAC0.3% · 0%YOU0.3% · 0%TSM0.3% · -8%LYV0.3% · 0%UNH0.3% · +1%IWF0.3% · +300%SCHA0.2% · +0%DELL0.2% · +0%EUFN0.2% · -22%MA0.2% · +0%RKLB0.2% · +1%PFE0.2% · +1%LULU0.2% · -1%UBER0.2% · -0%SCHF0.2% · +0%BX0.2% · +2%MU0.2% · +11%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 49.8%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Sep 14, 2026.

Assets Under Management

$6.67B

Discretionary

$5.54B

Employees

Accounts

3,287

Address

137 BENCHMARK ROAD
SUITE C103B-2
AVON, CO 81620

Phone

(970) 688-4188

Website

www.aspengrovellc.com
www.linkedin.com/company/aspen-grove-capital-llc

Mailing Address

P.O. BOX 9389, AVON, CO, 81620

Name	Title / Status	Ownership	Type
GEISMAN, RICHARD, JESS Control	CHIEF COMPLIANCE OFFICER since Feb 2013	10–25%	Individual
KIRWOOD, JEFFREY, CLAYTON Control	MANAGING MEMBER since Mar 2011	75% or more	Individual
KIRWOOD, JEFFREY, CLAYTON Control	TRUSTEE OF ASPEN GROVE TRUST since May 2017	Less than 5%	Individual
ASPEN GROVE TRUST	MEMBER since May 2017	10–25%	Domestic Entity

Ownership & leadership changes · 5 filings with changes since May 24, 2013

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 31, 2022 filing

No longer listedKIRWOOD, JEFFREY, CLAYTON · TRUSTEE · General partner, trustee or manager · indirect via ASPEN GROVE TRUST · control person · listed since May 2017
ChangedKIRWOOD, JEFFREY, CLAYTON · title MANAGING MEMBER → MANAGING MEMBER / TRUSTEE OF ASPEN GROVE TRUST

May 3, 2017 filing

AddedASPEN GROVE TRUST · MEMBER · 10–25%
AddedKIRWOOD, JEFFREY, CLAYTON · TRUSTEE · General partner, trustee or manager · indirect via ASPEN GROVE TRUST · control person

Jun 26, 2015 filing

No longer listedHORVITZ, MATTHEW, J · MEMBER · Less than 5% · listed since Jan 2015
No longer listedMAVEN ADVISERS, LLC · MEMBER · 10–25% · listed since Mar 2015

Mar 31, 2015 filing

AddedHORVITZ, MATTHEW, J · MEMBER · Less than 5%
AddedMAVEN ADVISERS, LLC · MEMBER · 10–25%
ChangedGEISMAN, RICHARD, JESS · ownership 5–10% → 10–25%

Mar 24, 2014 filing

ChangedGEISMAN, RICHARD, JESS · ownership Less than 5% → 5–10%

May 24, 2013 filing (earliest on record)

ListedGEISMAN, RICHARD, JESS · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
ListedKIRWOOD, JEFFREY, CLAYTON · MANAGING MEMBER · 75% or more · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

AXON ENTERPRISE INC$23.7M +603.9%
STATE STR SPDR S&P 500 ETF T$7.6M +14.6%
ALPHABET INC$5.6M +24.3%
ALPHABET INC$5.1M +25.5%
ISHARES TR$4.0M +14.9%

Show all 117 →

Top Trims

LIBERTY BROADBAND CORP-$4.9M -33.9%
VANECK ETF TRUST-$906.5K -46.7%
LULULEMON ATHLETICA INC-$492.1K -25.9%
VANECK ETF TRUST-$412.3K -44.6%
EXXON MOBIL CORP-$304.5K -19.5%

Show all 32 →

New Positions

Show all 26 →

Exited Positions

Show all 12 →

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#	Issuer	Symbol	CUSIP	Value	Δ

Aspen Grove Capital, LLC Holdings (2026-06-30)

#	Issuer	Symbol	CUSIP	Value	Weight	Shares	Type
1	LIBERTY MEDIA CORP DEL	FWONK	531229755	$64.3M	9.25%	675,346	SH
2	STATE STR SPDR S&P 500 ETF T	SPY	78462F103	$59.3M	8.54%	79,367	SH
3	LIBERTY MEDIA CORP DEL	FWONA	531229771	$30.7M	4.42%	350,317	SH
4	ISHARES TR	IVV	464287200	$30.4M	4.37%	40,563	SH
5	ALPHABET INC	GOOGL	02079K305	$28.6M	4.12%	80,154	SH
6	AXON ENTERPRISE INC	AXON	05464C101	$27.6M	3.97%	49,200	SH
7	BOOKING HOLDINGS INC	BKNG	09857L108	$26.6M	3.83%	149,398	SH
8	VANGUARD TAX-MANAGED FDS	VEA	921943858	$26.2M	3.77%	367,542	SH
9	VANGUARD INDEX FDS	VTI	922908769	$26.1M	3.76%	70,563	SH
10	META PLATFORMS INC	META	30303M102	$25.9M	3.73%	46,008	SH
11	ALPHABET INC	GOOG	02079K107	$25.0M	3.60%	70,823	SH
12	APPLE INC	AAPL	037833100	$19.7M	2.84%	68,187	SH
13	VANGUARD SPECIALIZED FUNDS	VIG	921908844	$17.0M	2.45%	71,910	SH
14	VANGUARD INDEX FDS	VOO	922908363	$15.8M	2.28%	22,998	SH
15	AMAZON COM INC	AMZN	023135106	$15.7M	2.25%	65,681	SH
16	VALLEY NATL BANCORP	VLY	919794107	$15.3M	2.21%	1,039,625	SH
17	VANGUARD INTL EQUITY INDEX F	VT	922042742	$14.0M	2.01%	88,904	SH
18	ISHARES INC	EWW	464286822	$10.3M	1.49%	137,120	SH
19	LIBERTY BROADBAND CORP	LBRDK	530307305	$9.6M	1.38%	288,156	SH
20	INTERNATIONAL BUSINESS MACHS	IBM	459200101	$8.2M	1.18%	29,020	SH
21	ISHARES TR	INDA	46429B598	$7.9M	1.13%	159,411	SH
22	SPDR SERIES TRUST	SDY	78464A763	$7.7M	1.10%	50,310	SH
23	MICROSOFT CORP	MSFT	594918104	$6.3M	0.91%	16,868	SH
24	NVIDIA CORPORATION	NVDA	67066G104	$6.1M	0.87%	30,343	SH
25	BROADCOM INC	AVGO	11135F101	$5.7M	0.83%	15,199	SH
26	ROYAL BK CDA	RY	780087102	$5.5M	0.79%	26,479	SH
27	ELI LILLY & CO	LLY	532457108	$5.2M	0.74%	4,303	SH
28	BANK OF NY MELLON CORP	BNY	064058100	$5.0M	0.72%	34,611	SH
29	VANGUARD INTL EQUITY INDEX F	VWO	922042858	$4.3M	0.62%	71,576	SH
30	HOME DEPOT INC	HD	437076102	$4.0M	0.58%	11,446	SH
31	VANGUARD INDEX FDS	VUG	922908736	$3.9M	0.57%	45,747	SH
32	VANGUARD SCOTTSDALE FDS	VTWO	92206C664	$3.8M	0.55%	31,222	SH
33	VANGUARD INDEX FDS	VTV	922908744	$3.4M	0.49%	15,457	SH
34	MORGAN STANLEY	MS	617446448	$3.3M	0.47%	15,767	SH
35	SCHWAB STRATEGIC TR	SCHD	808524797	$3.2M	0.46%	100,375	SH
36	WELLS FARGO & CO	WFC	949746101	$3.1M	0.45%	37,594	SH
37	CRESCENT CAP BDC INC	CCAP	225655109	$3.0M	0.44%	319,072	SH
38	SIRIUSXM HOLDINGS INC	SIRI	829933100	$2.9M	0.42%	98,648	SH
39	BERKSHIRE HATHAWAY INC DEL	BRK.B	084670702	$2.8M	0.40%	5,615	SH
40	SCHWAB STRATEGIC TR	SCHV	808524409	$2.6M	0.37%	73,772	SH
41	SCHWAB STRATEGIC TR	SCHM	808524508	$2.5M	0.37%	68,918	SH
42	SCHWAB STRATEGIC TR	SCHG	808524300	$2.5M	0.35%	72,626	SH
43	JPMORGAN CHASE & CO	JPM	46625H100	$2.2M	0.31%	6,670	SH
44	BANK OF AMER CORP	BAC	060505104	$2.1M	0.31%	37,359	SH
45	CLEAR SECURE INC	YOU	18467V109	$2.1M	0.30%	37,202	SH
46	TAIWAN SEMICONDUCTOR MANUFAC	TSM	874039100	$2.0M	0.29%	4,256	SH
47	LIVE NATION ENTERTAINMENT IN	LYV	538034109	$2.0M	0.29%	10,878	SH
48	UNITEDHEALTH GROUP INC	UNH	91324P102	$1.8M	0.26%	4,395	SH
49	ISHARES TR	IWF	464287614	$1.8M	0.25%	14,100	SH
50	SCHWAB STRATEGIC TR	SCHA	808524607	$1.7M	0.24%	46,574	SH

Filing History

Period	Filed	AUM	Holdings	Accession
2026-06-30	2026-08-14	$694.5M	214	0001806027-26-000008
2026-03-31	2026-05-14	$514.1M	200	0001806027-26-000006
2025-12-31	2026-02-17	$576.7M	204	0001806027-26-000002
2025-09-30	2025-11-14	$594.3M	205	0001806027-25-000003

Filer Information

Address

137 BENCHMARK RD SUITE C103B-2
PO BOX 9389
AVON, CO 81620

Phone

(970) 688-4188

Filing Manager

Aspen Grove Capital, LLC

AVON, CO

Signatory

Richard Geisman

Chief Compliance Officer