Aspen Capital Management, LLC

Q3 2025 13F-HR Holdings

Location
Boise, ID
Holdings as of
9/30/2025
Date filed
11/4/2025
Form type
13F-HR
Num holdings
81
Total value ($000)
$392,312
Net value change ($000)
+35,473 (9.9%)
New positions
10
Sold out positions
1
Turnover %
0.6%
Sector allocation + QoQ delta (equities-only)
Prev filing: 7/31/2025 Next filing: 1/29/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 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)
DFIC 6,845 10.4%
DFAC 6,239 14.2%
SGOV 4,328 6.8%
DFEM 2,440 17.7%
DCOR 1,636 29.1%
AAPL 1,161 25.7%
DFAS 1,053 7.4%
DFAT 1,016 6.3%
DFGR 952 7.5%
DFSV 839 11.3%
Top Reduces (Value $000, Stocks/ETFs)
NFLX -230 -100.0%
PAYO -155 -11.7%
ISRG -108 -17.9%
CMG -99 -30.2%
KNSL -30 -12.1%
DE -23 -9.8%
DFSB -11 -2.0%
COST -7 -1.4%
LLY -5 -2.0%
AMZN -3 -0.2%
Instrument mix + QoQ Δ (ex-options)
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.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type