Aspen Capital Management, LLC

CIK

2065974

Location

BOISE, ID

Portfolio Value

Micro $40,929,166

Diversification

Diversified

Filing Date

Global Rank

#7,073 / 8,603 ▲ 2 · as of Mar 2026

Top Industry

Banks - Regional 32.0%

3Y Alpha vs SPY

+3.5%

Period ended 3 months ago

Filed Apr 20, 2026 · 3mo

5 quarters · since Mar 2025

Clone Performance

May 2025–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+32.6%

SPY

+27.7%

Annualised alpha

+4.1%

Max drawdown

−12.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

30 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

27.3%

+1.9 pts

Top 5

67.1%

+0.7 pts

Top 10

82.2%

+0.6 pts

HHI

1,238

Diversified+85

Portfolio Trend

5 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	38.9%	$15,933,291	10
Financial Services	31.6%	$12,933,659	3
Unclassified	14.5%	$5,931,798	3
Consumer Cyclical	4.8%	$1,965,976	3
Healthcare	4.0%	$1,654,923	5
Communication Services	3.0%	$1,210,576	2
Industrials	1.6%	$673,421	2
Consumer Defensive	1.5%	$625,522	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

4 positions

Ticker	Company	Δ Shares	Shares	Value
HPE	Hewlett Packard Enterprise Co	+579	12,689	$302,125
AMZN	Amazon Com Inc	+120	5,685	$1,184,014
QQQ	Invesco Qqq Trust, Series 1	+50	5,376	$3,102,919
USB	US Bancorp De	+8	215,148	$11,189,847
No positions match the current search.

Trimmed

Positions the filer reduced

7 positions

Ticker	Company	Δ Shares	Shares	Value
HPQ	Hp Inc	−859	16,899	$324,629
NVDA	Nvidia Corp	−625	27,079	$4,722,577
JPM	Jpmorgan Chase & Co	−610	4,172	$1,227,235
AAPL	Apple Inc.	−583	22,023	$5,589,217
MSFT	Microsoft Corp	−402	7,726	$2,859,933
COST	Costco Wholesale Corp /New	−109	410	$408,536
SPY	Spdr S&P 500 ETF Trust	−55	2,320	$1,508,788
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
KEYS	Keysight Technologies, Inc.	929	$262,321
LRN	Stride, Inc.	2,461	$216,986
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
AXP	American Express Co	737	$272,653
META	Meta Platforms, Inc.	352	$232,351
BLK	BlackRock, Inc.	206	$220,490
CMG	Chipotle Mexican Grill Inc	5,850	$216,450
HD	Home Depot, Inc.	608	$209,212
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

30 positions · $40,929,166 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
USB	US Bancorp De Financial Services	Added	215,148	+8	$11,189,847	−2.5%	27.34%
AAPL	Apple Inc. Technology	Reduced	22,023	-583	$5,589,217	−9.1%	13.66%
NVDA	Nvidia Corp Technology	Reduced	27,079	-625	$4,722,577	−8.6%	11.54%
QQQ	Invesco Qqq Trust, Series 1	Added	5,376	+50	$3,102,919	−5.2%	7.58%
MSFT	Microsoft Corp Technology	Reduced	7,726	-402	$2,859,933	−27.2%	6.99%
SPY	Spdr S&P 500 ETF Trust	Reduced	2,320	-55	$1,508,788	−6.8%	3.69%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Held	2,850	0	$1,320,091	−3.6%	3.23%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	4,172	-610	$1,227,235	−20.4%	3.00%
AMZN	Amazon Com Inc Consumer Cyclical	Added	5,685	+120	$1,184,014	−7.8%	2.89%
PAYO	Payoneer Global Inc. Technology	Held	194,222	0	$938,092	−14.1%	2.29%
GOOGL	Alphabet Inc. Communication Services	Held	3,035	0	$872,744	−8.1%	2.13%
BRK-B	Berkshire Hathaway Inc Financial Services	Held	1,078	0	$516,577	−4.7%	1.26%
ISRG	Intuitive Surgical Inc Healthcare	Held	1,111	0	$512,159	−18.6%	1.25%
CASY	Caseys General Stores Inc Consumer Cyclical	Held	702	0	$510,957	+31.7%	1.25%
CAT	Caterpillar Inc Industrials	Held	584	0	$413,740	+23.7%	1.01%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	410	-109	$408,536	−8.7%	1.00%
MU	Micron Technology Inc Technology	Held	1,193	0	$403,043	+18.4%	0.98%
RBLX	Roblox Corp Communication Services	Held	5,973	0	$337,832	−30.2%	0.83%
HPQ	Hp Inc Technology	Reduced	16,899	-859	$324,629	−18.0%	0.79%
HPE	Hewlett Packard Enterprise Co Technology	Added	12,689	+579	$302,125	+3.9%	0.74%
LLY	ELI LILLY & Co Healthcare	Held	320	0	$294,326	−14.4%	0.72%
A	Agilent Technologies, Inc. Healthcare	Held	2,573	0	$293,270	−16.2%	0.72%
MRK	Merck & Co., Inc. Healthcare	Held	2,357	0	$283,523	+14.3%	0.69%
SHOP	Shopify Inc. Technology	Held	2,300	0	$272,826	−26.3%	0.67%
ABBV	AbbVie Inc. Healthcare	Held	1,249	0	$271,645	−4.8%	0.66%
TSLA	Tesla, Inc. Consumer Cyclical	Held	729	0	$271,005	−17.3%	0.66%
KEYS	Keysight Technologies, Inc. Technology	NEW	929	NEW	$262,321	NEW	0.64%
DE	Deere & Co Industrials	Held	461	0	$259,681	+21.0%	0.63%
LRCX	Lam Research Corp Technology	Held	1,210	0	$258,528	+24.8%	0.63%
LRN	Stride, Inc. Consumer Defensive	NEW	2,461	NEW	$216,986	NEW	0.53%