Aspen Investment Management Inc

Q4 2025 13F-HR Holdings

Location
Grand Rapids, MI
Holdings as of
12/31/2025
Date filed
2/6/2026
Form type
13F-HR
Num holdings
177
Total value ($000)
$331,761
Net value change ($000)
+72,951 (28.2%)
New positions
32
Sold out positions
5
Turnover %
6.6%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/12/2025 Next filing: 4/15/2026 SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
AAPL 7,938 206.0%
VIG 5,539 598.2%
VTI 3,925 410.1%
GOOGL 3,736 133.3%
NVDA 3,205 323.4%
MSFT 2,740 31.0%
LLY 2,423 250.6%
PLTR 2,243 983.8%
JNJ 1,985 111.8%
SPYI 1,677 134.3%
Top Reduces (Value $000, Stocks/ETFs)
VNQ -1,621 -47.7%
BSCP -1,538 -100.0%
HOOD -718 -21.6%
FTSL -428 -11.1%
XHB -324 -100.0%
MNST -321 -100.0%
ADP -309 -19.2%
HD -294 -11.8%
HBAN -282 -28.7%
BCI -264 -37.2%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 462 (0.1% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type