Aspen Capital Management, LLC — 13F Holdings & Portfolio

CIK 2065974 · latest 13F-HR filed 2026-04-20

Aspen Capital Management, LLC manages $404.0M in 13F-reported U.S. long-equity assets across 77 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are DFIC (20.02%), DFAC (14.36%), SGOV (13.29%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 4 new positions, exited 7, added to 16, and trimmed 24.

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

$404.0M

Long-equity book

Holdings

77

Distinct positions

Period

2026-03-31

Filed 2026-04-20

Q/Q Activity

+4 / −7 / ↑16 / ↓24

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • DIMENSIONAL ETF TRUST$3.6M +6.6%
  • DIMENSIONAL ETF TRUST$2.9M +9.0%
  • DIMENSIONAL ETF TRUST$1.1M +6.3%
  • DIMENSIONAL ETF TRUST$748.3K +9.7%
  • DIMENSIONAL ETF TRUST$727.8K +8.0%
Show all 16

Top Trims

  • ISHARES TR-$9.3M -14.7%
  • MICROSOFT CORP-$1.1M -27.2%
  • APPLE INC-$556.4K -9.1%
  • DIMENSIONAL ETF TRUST-$467.0K -9.0%
  • NVIDIA CORPORATION-$444.2K -8.6%
Show all 24

New Positions

  • DIMENSIONAL ETF TRUST$2.4M
  • KEYSIGHT TECHNOLOGIES INC$262.3K
  • STRIDE INC$217.0K
  • AMERICAN CENTY ETF TR$205.6K
Show all 4

Exited Positions

  • AMERICAN EXPRESS CO$272.7K
  • META PLATFORMS INC$232.4K
  • BLACKROCK INC$220.5K
  • CHIPOTLE MEXICAN GRILL INC$216.4K
  • HOME DEPOT INC$209.2K
Show all 7
All Holdings

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 DIMENSIONAL ETF TRUST DFIC 25434V799 $80.9M 20.02% 2,275,858 SH
2 DIMENSIONAL ETF TRUST DFAC 25434V708 $58.0M 14.36% 1,492,918 SH
3 ISHARES TR SGOV 46436E718 $53.7M 13.29% 533,554 SH
4 DIMENSIONAL ETF TRUST DFCF 25434V872 $34.8M 8.60% 823,112 SH
5 DIMENSIONAL ETF TRUST DFEM 25434V732 $18.5M 4.57% 534,371 SH
6 DIMENSIONAL ETF TRUST DFAT 25434V609 $17.3M 4.29% 277,274 SH
7 DIMENSIONAL ETF TRUST DFAS 25434V500 $15.4M 3.81% 216,261 SH
8 DIMENSIONAL ETF TRUST DFGR 25434V658 $14.5M 3.60% 546,636 SH
9 US BANCORP USB 902973304 $11.2M 2.77% 215,148 SH
10 DIMENSIONAL ETF TRUST DFSV 25434V815 $9.8M 2.43% 280,152 SH
11 DIMENSIONAL ETF TRUST DCOR 25434V625 $8.5M 2.10% 117,840 SH
12 DIMENSIONAL ETF TRUST DFAX 25434V880 $6.8M 1.69% 200,460 SH
13 APPLE INC AAPL 037833100 $5.6M 1.38% 22,023 SH
14 ISHARES TR IWB 464287622 $5.3M 1.31% 14,805 SH
15 NVIDIA CORPORATION NVDA 67066G104 $4.7M 1.17% 27,079 SH
16 DIMENSIONAL ETF TRUST DFSU 25434V716 $4.7M 1.16% 114,276 SH
17 DIMENSIONAL ETF TRUST DFSI 25434V690 $3.9M 0.96% 91,590 SH
18 DIMENSIONAL ETF TRUST DFUV 25434V724 $3.6M 0.88% 73,758 SH
19 AMERICAN CENTY ETF TR AVDE 025072703 $3.2M 0.78% 37,271 SH
20 INVESCO QQQ TR QQQ 46090E103 $3.1M 0.77% 5,376 SH
21 MICROSOFT CORP MSFT 594918104 $2.9M 0.71% 7,726 SH
22 DIMENSIONAL ETF TRUST DUSB 25434V591 $2.4M 0.60% 47,403 SH
23 ISHARES TR IVV 464287200 $2.3M 0.57% 3,514 SH
24 DIMENSIONAL ETF TRUST DFAW 25434V617 $1.9M 0.48% 26,050 SH
25 ISHARES TR IWM 464287655 $1.9M 0.47% 7,683 SH
26 AMERICAN CENTY ETF TR AVUS 025072885 $1.6M 0.40% 14,662 SH
27 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $1.5M 0.37% 2,320 SH
28 ISHARES TR EFA 464287465 $1.4M 0.34% 14,000 SH
29 VANGUARD INDEX FDS VTI 922908769 $1.4M 0.34% 4,229 SH
30 STATE STR SPDR DOW JONES IND DIA 78467X109 $1.3M 0.33% 2,850 SH
31 VANGUARD INDEX FDS VTV 922908744 $1.3M 0.32% 6,633 SH
32 JPMORGAN CHASE & CO JPM 46625H100 $1.2M 0.30% 4,172 SH
33 AMAZON COM INC AMZN 023135106 $1.2M 0.29% 5,685 SH
34 VANGUARD INTL EQUITY INDEX F VT 922042742 $1.1M 0.27% 7,909 SH
35 AMERICAN CENTY ETF TR AVUV 025072877 $1.1M 0.27% 9,752 SH
36 PAYONEER GLOBAL INC PAYO 70451X104 $938.1K 0.23% 194,222 SH
37 ALPHABET INC GOOGL 02079K305 $872.7K 0.22% 3,035 SH
38 ALPHABET INC GOOG 02079K107 $867.2K 0.21% 3,023 SH
39 DIMENSIONAL ETF TRUST DFSE 25434V682 $851.1K 0.21% 20,087 SH
40 BERKSHIRE HATHAWAY INC DEL BRK.A 084670108 $718.1K 0.18% 1 SH
41 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $516.6K 0.13% 1,078 SH
42 INTUITIVE SURGICAL INC ISRG 46120E602 $512.2K 0.13% 1,111 SH
43 CASEYS GEN STORES INC CASY 147528103 $511.0K 0.13% 702 SH
44 VANGUARD INDEX FDS VOO 922908363 $489.5K 0.12% 819 SH
45 VANGUARD WORLD FD ESGV 921910733 $443.8K 0.11% 3,953 SH
46 ISHARES TR EEM 464287234 $415.4K 0.10% 7,314 SH
47 CATERPILLAR INC CAT 149123101 $413.7K 0.10% 584 SH
48 DIMENSIONAL ETF TRUST DFSB 25434V674 $410.8K 0.10% 7,939 SH
49 COSTCO WHOLESALE CORPORATION COST 22160K105 $408.1K 0.10% 410 SH
50 MICRON TECHNOLOGY INC MU 595112103 $403.0K 0.10% 1,193 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-04-20 $404.0M 77 0002065974-26-000002
2025-12-31 2026-01-29 $403.8M 80 0002065974-26-000001