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Elk River Wealth Management LLC — 13F Holdings & Portfolio

CIK 1844107 · latest 13F-HR filed 2026-08-12

Backtest portfolio

Elk River Wealth Management LLC manages $627.7M in 13F-reported U.S. long-equity assets across 103 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SDY (8.99%), IJR (6.91%), RSP (5.92%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 7 new positions and exited 3; 46 existing positions rose in reported value and 28 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.

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AUM
$627.7M

Long-equity book

Holdings
103

Distinct positions

Period
2026-06-30

Filed 2026-08-12

Q/Q Activity
+7 / −3 / ↑46 / ↓28

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
SDY9.0% · -12%IJR6.9% · -13%RSP5.9% · -11%IVV5.2% · -12%GOOGL4.7% · -8%VLUE4.6% · -15%AVGO4.5% · -7%AAPL4.5% · -6%JIRE4.2% · -13%AMZN3.0% · -8%MSFT2.8% · -7%APH2.7% · -8%PANW2.5% · -9%JPM2.1% · -9%COST2.1% · -8%MA1.8% · -8%GEV1.7% · -7%NVDA1.5% · -3%ORLY1.4% · -7%LLY1.4% · -8%MS1.4% · -9%XOM1.3% · -9%TXN1.3% · -8%PHM1.2% · -9%UBND1.1% · -9%MNST1.1% · -9%XLK1.1% · +17%PNC1.0% · -19%ICE1.0% · -9%LHX0.9% · -9%LOW0.9% · -8%GS0.8% · -6%HQY0.8% · -8%UBER0.8% · +128%UNP0.8% · -7%IWB0.7% · -10%TXT0.7% · -9%TMO0.7% · -10%ECL0.6% · -9%BLK0.6% · -9%XLV0.5% · +396%CHD0.4% · -9%HON0.4% · -54%HONA0.4% · newXLC0.3% · newINTU0.3% · -36%KLAC0.3% · +900%USTB0.3% · -9%QUAL0.3% · -35%UNH0.3% · 0%JNJ0.2% · -0%ABBV0.2% · 0%GOOG0.2% · -3%XLY0.2% · newPG0.2% · -1%ISRG0.2% · -71%BRK.B0.2% · 0%CVX0.2% · -0%CAT0.2% · 0%MUB0.2% · -33%

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

3 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 = 52.6%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Feb 24, 2026.

Assets Under Management
$971.3M
Discretionary
$958.9M
Employees
11
Accounts
806
Address
250 FILLMORE STREET
SUITE 425
DENVER, CO 80206
Phone
(720) 310-3275
Website
Name Title / Status Ownership Type
DAY, RITA, KOCH ControlCHIEF COMPLIANCE OFFICER
since Feb 2020
Less than 5%Individual
ELK RIVER WEALTH HOLDINGS, LLC ControlMANAGING MEMBER
since Feb 2020
75% or moreDomestic Entity
FREIMUTH, CHRISTOPHER, CLINE ControlCHIEF EXECUTIVE OFFICER AND CHIEF INVESTMENT OFFICER
since Feb 2020
Less than 5%Individual
COVEY RISE CAPITAL 0215, LLC Control
Indirect owner via ELK RIVER WEALTH HOLDINGS, LLC
MANAGING MEMBER
since Mar 2020
50–75%Domestic Entity
FREIMUTH, CHRISTOPHER, CLINE Control
Indirect owner via COVEY RISE CAPITAL 0215, LLC
MANAGING MEMBER
since Mar 2020
75% or moreIndividual
Ownership & leadership changes · 6 filings with changes since Jan 21, 2020

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.

Feb 20, 2025 filing
  • No longer listedHUMMEL, JAY, WILLIAM · PARTNER · Less than 5% · control person · listed since Feb 2020
  • No longer listedPHOENIX, JOHN, GRAHAM · PARTNER · Less than 5% · control person · listed since Jan 2020
Oct 30, 2020 filing
  • No longer listedCOVEY RISE CAPITAL 0215, LLC · MANAGING MEMBER · 50–75% · control person · listed since Mar 2020
  • No longer listedHUMMEL, JAY, WILLIAM · MANAGING MEMBER · 25–50% · indirect via WEALTH ADVISOR GROWTH NETWORK LLC · control person · listed since May 2019
  • No longer listedPHOENIX, JOHN, GRAHAM · MANAGING MEMBER · 25–50% · indirect via WEALTH ADVISOR GROWTH NETWORK LLC · control person · listed since May 2019
  • No longer listedWEALTH ADVISOR GROWTH NETWORK LLC · MEMBER · 75% or more · indirect via ELK RIVER WEALTH HOLDINGS, LLC · control person · listed since Feb 2020
  • AddedCOVEY RISE CAPITAL 0215, LLC · MANAGING MEMBER · 50–75% · indirect via ELK RIVER WEALTH HOLDINGS, LLC · control person
  • ChangedFREIMUTH, CHRISTOPHER, CLINE · title MANAGING MEMBER, CHIEF EXECUTIVE OFFICER, CHIEF INVESTMENT OFFICER → CHIEF EXECUTIVE OFFICER AND CHIEF INVESTMENT OFFICER; ownership 50–75% → Less than 5%
Mar 24, 2020 filing
  • AddedCOVEY RISE CAPITAL 0215, LLC · MANAGING MEMBER · 50–75% · control person
  • AddedFREIMUTH, CHRISTOPHER, CLINE · MANAGING MEMBER · 75% or more · indirect via COVEY RISE CAPITAL 0215, LLC · control person
Mar 20, 2020 filing
  • No longer listedWINN, CHRISTOPHER, EDWARD · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Feb 2020
  • AddedDAY, RITA, KOCH · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • AddedFREIMUTH, CHRISTOPHER, CLINE · MANAGING MEMBER, CHIEF EXECUTIVE OFFICER, CHIEF INVESTMENT OFFICER · 50–75% · control person
Feb 19, 2020 filing
  • AddedHUMMEL, JAY, WILLIAM · MANAGING MEMBER · 25–50% · indirect via WEALTH ADVISOR GROWTH NETWORK LLC · control person
  • AddedPHOENIX, JOHN, GRAHAM · MANAGING MEMBER · 25–50% · indirect via WEALTH ADVISOR GROWTH NETWORK LLC · control person
  • ChangedWEALTH ADVISOR GROWTH NETWORK LLC · indirect via ELK RIVER WEALTH HOLDINGS, LLC: ownership 50–75% → 75% or more
Feb 14, 2020 filing
  • AddedELK RIVER WEALTH HOLDINGS, LLC · MANAGING MEMBER · 75% or more · control person
  • AddedWEALTH ADVISOR GROWTH NETWORK LLC · MEMBER · 50–75% · indirect via ELK RIVER WEALTH HOLDINGS, LLC · control person
  • AddedWINN, CHRISTOPHER, EDWARD · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedHUMMEL, JAY, WILLIAM · title MANAGING MEMBER AND CHIEF COMPLIANCE OFFICER → PARTNER; ownership 50–75% → Less than 5%
  • ChangedPHOENIX, JOHN, GRAHAM · title MEMBER AND PRINCIPAL → PARTNER; ownership 50–75% → Less than 5%
Jan 21, 2020 filing (earliest on record)
  • ListedHUMMEL, JAY, WILLIAM · MANAGING MEMBER AND CHIEF COMPLIANCE OFFICER · 50–75% · control person
  • ListedPHOENIX, JOHN, GRAHAM · MEMBER AND PRINCIPAL · 50–75% · 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.

Elk River Wealth Management LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SPDR SERIES TRUST SDY 78464A763 $56.5M 8.99% 371,018 SH
2 ISHARES TR IJR 464287804 $43.4M 6.91% 292,377 SH
3 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $37.2M 5.92% 174,613 SH
4 ISHARES TR IVV 464287200 $32.8M 5.22% 43,782 SH
5 ALPHABET INC GOOGL 02079K305 $29.7M 4.73% 83,070 SH
6 ISHARES TR VLUE 46432F388 $29.0M 4.62% 145,290 SH
7 BROADCOM INC AVGO 11135F101 $28.4M 4.52% 75,125 SH
8 APPLE INC AAPL 037833100 $28.2M 4.49% 97,338 SH
9 J P MORGAN EXCHANGE TRADED F JIRE 46641Q134 $26.6M 4.24% 322,334 SH
10 AMAZON COM INC AMZN 023135106 $18.6M 2.97% 78,201 SH
11 MICROSOFT CORP MSFT 594918104 $17.6M 2.80% 47,087 SH
12 AMPHENOL CORP APH 032095101 $16.8M 2.67% 95,001 SH
13 PALO ALTO NETWORKS INC PANW 697435105 $15.7M 2.50% 46,039 SH
14 JPMORGAN CHASE & CO JPM 46625H100 $13.3M 2.12% 40,712 SH
15 COSTCO WHOLESALE CORPORATION COST 22160K105 $13.0M 2.08% 13,937 SH
16 MASTERCARD INCORPORATED MA 57636Q104 $11.2M 1.79% 21,858 SH
17 GE VERNOVA INC GEV 36828A101 $10.9M 1.74% 9,282 SH
18 NVIDIA CORPORATION NVDA 67066G104 $9.5M 1.52% 47,713 SH
19 OREILLY AUTOMOTIVE INC ORLY 67103H107 $8.8M 1.40% 95,493 SH
20 ELI LILLY & CO LLY 532457108 $8.7M 1.39% 7,290 SH
21 MORGAN STANLEY MS 617446448 $8.6M 1.38% 41,332 SH
22 EXXON MOBIL CORP XOM 30231G102 $8.2M 1.31% 60,011 SH
23 TEXAS INSTRS INC TXN 882508104 $8.1M 1.30% 27,339 SH
24 PULTE GROUP INC PHM 745867101 $7.3M 1.17% 53,417 SH
25 VICTORY PORTFOLIOS II UBND 92647X863 $7.1M 1.14% 329,014 SH
26 MONSTER BEVERAGE CORP NEW MNST 61174X109 $6.8M 1.08% 70,347 SH
27 SELECT SECTOR SPDR TR XLK 81369Y803 $6.7M 1.06% 35,035 SH
28 PNC FINL SVCS GROUP INC PNC 693475105 $6.2M 0.99% 25,249 SH
29 INTERCONTINENTAL EXCHANGE IN ICE 45866F104 $6.1M 0.96% 49,163 SH
30 L3HARRIS TECHNOLOGIES INC LHX 502431109 $5.9M 0.93% 20,181 SH
31 LOWES COS INC LOW 548661107 $5.4M 0.86% 24,428 SH
32 GOLDMAN SACHS GROUP INC GS 38141G104 $5.2M 0.83% 5,129 SH
33 HEALTHEQUITY INC HQY 42226A107 $5.2M 0.83% 57,389 SH
34 UBER TECHNOLOGIES INC UBER 90353T100 $5.0M 0.80% 69,240 SH
35 UNION PAC CORP UNP 907818108 $5.0M 0.79% 18,319 SH
36 ISHARES TR IWB 464287622 $4.4M 0.70% 10,676 SH
37 TEXTRON INC TXT 883203101 $4.3M 0.69% 47,019 SH
38 THERMO FISHER SCIENTIFIC INC TMO 883556102 $4.1M 0.65% 8,135 SH
39 ECOLAB INC ECL 278865100 $3.7M 0.59% 13,320 SH
40 BLACKROCK INC BLK 09290D101 $3.6M 0.57% 3,721 SH
41 SELECT SECTOR SPDR TR XLV 81369Y209 $3.4M 0.53% 21,131 SH
42 CHURCH & DWIGHT CO INC CHD 171340102 $2.8M 0.45% 28,947 SH
43 HONEYWELL INTL INC HON 438516205 $2.6M 0.42% 11,674 SH
44 HONEYWELL AEROSPACE INC HONA 43849R105 $2.6M 0.41% 11,663 SH
45 SELECT SECTOR SPDR TR XLC 81369Y852 $2.2M 0.35% 20,303 SH
46 INTUIT INTU 461202103 $2.2M 0.34% 8,285 SH
47 KLA CORP KLAC 482480100 $1.9M 0.31% 6,440 SH
48 VICTORY PORTFOLIOS II USTB 92647N535 $1.8M 0.28% 35,135 SH
49 ISHARES TR QUAL 46432F339 $1.7M 0.27% 7,843 SH
50 UNITEDHEALTH GROUP INC UNH 91324P102 $1.6M 0.25% 3,804 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-12 $627.7M 103 0001951757-26-001253
2026-03-31 2026-04-17 $602.2M 99 0001951757-26-000635
2025-12-31 2026-02-06 $622.0M 103 0001951757-26-000383
Filer Information
Address
250 FILLMORE STREET, SUITE 425
DENVER, CO 80206
Phone
(720) 310-3275
Filing Manager
Elk River Wealth Management LLC
DENVER, CO
Signatory
Rita Day
Chief Compliance Officer