Aspen Investment Management Inc 13F annual report
Aspen Investment Management Inc is an investment fund managing more than $200 million ran by William Alphenaar. There are currently 116 companies in Mr. Alphenaar’s portfolio. The largest investments include Spdr S&p 500 Etf Tr and Invesco Exchange Traded Fd T, together worth $26.3 million.
$200 million Assets Under Management (AUM)
As of 19th July 2024, Aspen Investment Management Inc’s top holding is 32,731 shares of Spdr S&p 500 Etf Tr currently worth over $17.8 million and making up 8.9% of the portfolio value.
In addition, the fund holds 51,355 shares of Invesco Exchange Traded Fd T worth $8.44 million.
The third-largest holding is Microsoft worth $8.43 million and the next is Ishares Tr worth $28.2 million, with 343,171 shares owned.
Currently, Aspen Investment Management Inc's portfolio is worth at least $200 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Aspen Investment Management Inc
The Aspen Investment Management Inc office and employees reside in Grand Rapids, Michigan. According to the last 13-F report filed with the SEC, William Alphenaar serves as the PRESIDENT at Aspen Investment Management Inc.
Recent trades
In the most recent 13F filing, Aspen Investment Management Inc revealed that it had opened a new position in
Select Sector Spdr Tr and bought 19,685 shares worth $1.34 million.
The investment fund also strengthened its position in Spdr S&p 500 Etf Tr by buying
1,923 additional shares.
This makes their stake in Spdr S&p 500 Etf Tr total 32,731 shares worth $17.8 million.
On the other hand, there are companies that Aspen Investment Management Inc is getting rid of from its portfolio.
Aspen Investment Management Inc closed its position in Advanced Micro Devices on 26th July 2024.
It sold the previously owned 5,300 shares for $957 thousand.
William Alphenaar also disclosed a decreased stake in Jpmorgan Chase Co. by approximately 0.1%.
This leaves the value of the investment at $3.67 million and 18,140 shares.
One of the smallest hedge funds
The two most similar investment funds to Aspen Investment Management Inc are One Degree Advisors Inc and Lau Associates. They manage $201 million and $201 million respectively.
William Alphenaar investment strategy
Aspen Investment Management Inc’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 10.5% of
the total portfolio value.
The fund focuses on investments in the United States as
47.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
47% of the total holdings value.
On the other hand, small-cap stocks make up only 0.9% of the portfolio.
The average market cap of the portfolio companies is close to $218 billion.
The complete list of Aspen Investment Management Inc trades based on 13F SEC filings
These positions were updated on July 26th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Spdr S&p 500 Etf Tr |
6.24%
32,731
|
$17,814,000 | 8.89% |
| Invesco Exchange Traded Fd T |
12.82%
51,355
|
$8,437,000 | 4.21% |
| Microsoft Corporation |
0.65%
18,856
|
$8,428,000 | 4.21% |
| Ishares Tr |
5.49%
343,171
|
$28,240,000 | 14.09% |
| First Tr Exch Traded Fd Iii |
0.84%
216,683
|
$3,762,000 | 1.88% |
| Jpmorgan Chase Co. |
1.59%
18,140
|
$3,669,000 | 1.83% |
| Apple Inc |
8.20%
17,295
|
$3,643,000 | 1.82% |
| First Tr Exchange-traded Fd |
4.67%
85,794
|
$3,689,000 | 1.84% |
| Amazon.com Inc. |
1.46%
15,892
|
$3,071,000 | 1.53% |
| Spdr Ser Tr |
0.92%
37,249
|
$2,985,000 | 1.49% |
| Walmart Inc |
1.15%
44,070
|
$2,984,000 | 1.49% |
| Invesco Exch Trd Slf Idx Fd |
0.92%
418,236
|
$8,210,000 | 4.10% |
| Goldman Sachs Group, Inc. |
0.17%
6,026
|
$2,726,000 | 1.36% |
| Alphabet Inc |
34.08%
18,075
|
$3,296,000 | 1.64% |
| Pimco Etf Tr |
2.35%
26,852
|
$2,489,000 | 1.24% |
| Spdr Gold Tr |
354.92%
11,132
|
$2,393,000 | 1.19% |
| Pepsico Inc |
0.29%
14,081
|
$2,322,000 | 1.16% |
| Fair Isaac Corp. |
4.87%
1,465
|
$2,181,000 | 1.09% |
| Home Depot, Inc. |
0.10%
6,258
|
$2,154,000 | 1.08% |
| CSX Corp. |
1.80%
61,708
|
$2,064,000 | 1.03% |
| Vanguard Index Fds |
2.57%
28,861
|
$3,366,000 | 1.68% |
| Wisdomtree Tr |
0.24%
74,691
|
$2,561,000 | 1.28% |
| Visa Inc |
4.33%
6,966
|
$1,828,000 | 0.91% |
| Waste Mgmt Inc Del |
1.05%
8,389
|
$1,790,000 | 0.89% |
| Johnson Johnson |
5.14%
12,189
|
$1,782,000 | 0.89% |
| Trane Technologies plc |
0.86%
5,305
|
$1,745,000 | 0.87% |
| Schwab Strategic Tr |
1.21%
161,543
|
$7,646,000 | 3.82% |
| AMGEN Inc. |
0.43%
5,537
|
$1,730,000 | 0.86% |
| Intercontinental Exchange In |
0.75%
12,559
|
$1,719,000 | 0.86% |
| Exxon Mobil Corp. |
0.01%
14,200
|
$1,635,000 | 0.82% |
| Chevron Corp. |
0.36%
10,206
|
$1,596,000 | 0.80% |
| Schwab Charles Corp |
1.77%
21,551
|
$1,588,000 | 0.79% |
| Select Sector Spdr Tr |
24.18%
37,399
|
$3,914,000 | 1.95% |
| Stryker Corp. |
0.48%
4,389
|
$1,493,000 | 0.75% |
| Illinois Tool Wks Inc |
1.97%
6,262
|
$1,484,000 | 0.74% |
| Huntington Bancshares, Inc. |
14.87%
106,550
|
$1,405,000 | 0.70% |
| Bank America Corp |
1.77%
34,923
|
$1,389,000 | 0.69% |
| Select Sector Spdr Tr |
Opened
19,685
|
$1,341,000 | 0.67% |
| Automatic Data Processing In |
No change
5,168
|
$1,234,000 | 0.62% |
| Procter And Gamble Co |
3.10%
7,477
|
$1,233,000 | 0.62% |
| Crowdstrike Holdings Inc |
0.83%
3,005
|
$1,151,000 | 0.57% |
| Merck Co Inc |
11.63%
8,975
|
$1,111,000 | 0.55% |
| NextEra Energy Inc |
0.14%
15,010
|
$1,063,000 | 0.53% |
| Meta Platforms Inc |
59.53%
2,058
|
$1,038,000 | 0.52% |
| Mondelez International Inc. |
0.63%
15,723
|
$1,029,000 | 0.51% |
| Caterpillar Inc. |
4.77%
3,074
|
$1,024,000 | 0.51% |
| Johnson Ctls Intl Plc |
0.97%
15,323
|
$1,019,000 | 0.51% |
| Eli Lilly Co |
0.82%
1,111
|
$1,006,000 | 0.50% |
| Edwards Lifesciences Corp |
1.87%
10,876
|
$1,005,000 | 0.50% |
| International Business Machs |
32.12%
5,803
|
$1,004,000 | 0.50% |
| Cisco Sys Inc |
3.60%
20,803
|
$988,000 | 0.49% |
| Eaton Corp Plc |
1.95%
3,086
|
$968,000 | 0.48% |
| Onto Innovation Inc. |
0.57%
4,395
|
$965,000 | 0.48% |
| Advanced Micro Devices Inc. |
Closed
5,300
|
$957,000 | |
| Vanguard Intl Equity Index F |
0.63%
21,417
|
$937,000 | 0.47% |
| Lockheed Martin Corp. |
2.47%
1,974
|
$922,000 | 0.46% |
| Abrdn Etfs |
3.45%
43,973
|
$894,000 | 0.45% |
| Abbvie Inc |
0.97%
5,086
|
$872,000 | 0.44% |
| Williams Cos Inc |
2.67%
19,933
|
$847,000 | 0.42% |
| Ishares Inc |
3.67%
15,500
|
$830,000 | 0.41% |
| Thermo Fisher Scientific Inc. |
No change
1,500
|
$830,000 | 0.41% |
| NVIDIA Corp |
650.45%
6,679
|
$825,000 | 0.41% |
| Abbott Labs |
24.05%
7,875
|
$818,000 | 0.41% |
| PayPal Holdings Inc |
0.49%
13,466
|
$781,000 | 0.39% |
| Fortinet Inc |
Closed
11,380
|
$777,000 | |
| American Express Co. |
1.19%
3,315
|
$768,000 | 0.38% |
| Qualcomm, Inc. |
27.75%
3,853
|
$767,000 | 0.38% |
| Spdr Sp Midcap 400 Etf Tr |
No change
1,430
|
$765,000 | 0.38% |
| Texas Instrs Inc |
1.91%
3,697
|
$719,000 | 0.36% |
| Spdr Ser Tr |
Closed
14,780
|
$696,000 | |
| Bank New York Mellon Corp |
41.49%
11,560
|
$692,000 | 0.35% |
| Applied Matls Inc |
1.07%
2,869
|
$677,000 | 0.34% |
| Intel Corp. |
24.41%
20,519
|
$635,000 | 0.32% |
| Coca-Cola Co |
0.50%
9,981
|
$635,000 | 0.32% |
| Shopify Inc |
Closed
8,155
|
$629,000 | |
| Boise Cascade Co |
Closed
4,080
|
$626,000 | |
| Ethan Allen Interiors, Inc. |
2.21%
22,146
|
$618,000 | 0.31% |
| Berkley W R Corp |
Closed
6,867
|
$607,000 | |
| Owens Corning |
0.58%
3,425
|
$595,000 | 0.30% |
| Conocophillips |
1.97%
5,188
|
$593,000 | 0.30% |
| Wells Fargo Co New |
1.04%
9,480
|
$563,000 | 0.28% |
| Elevance Health Inc |
4.37%
1,004
|
$544,000 | 0.27% |
| Duke Energy Corp. |
3.34%
5,061
|
$507,000 | 0.25% |
| Metlife Inc |
0.21%
7,210
|
$506,000 | 0.25% |
| Pfizer Inc. |
3.89%
17,301
|
$484,000 | 0.24% |
| Salesforce Inc |
Closed
1,603
|
$483,000 | |
| Boston Scientific Corp. |
13.60%
6,273
|
$483,000 | 0.24% |
| Marathon Pete Corp |
16.30%
2,676
|
$464,000 | 0.23% |
| Ally Finl Inc |
Opened
11,120
|
$441,000 | 0.22% |
| Marriott Intl Inc New |
0.55%
1,818
|
$440,000 | 0.22% |
| Oracle Corp. |
No change
3,072
|
$434,000 | 0.22% |
| Tri Pointe Homes Inc. |
Closed
10,620
|
$411,000 | |
| First Tr Exchange Traded Fd |
Opened
6,894
|
$389,000 | 0.19% |
| Workday Inc |
3.13%
1,650
|
$369,000 | 0.18% |
| Deere Co |
4.95%
960
|
$359,000 | 0.18% |
| Vanguard Specialized Funds |
No change
1,939
|
$354,000 | 0.18% |
| Pinterest Inc |
48.97%
7,890
|
$348,000 | 0.17% |
| GE Aerospace |
3.28%
2,180
|
$347,000 | 0.17% |
| Medtronic Plc |
4.95%
4,414
|
$347,000 | 0.17% |
| Bristol-Myers Squibb Co. |
1.18%
8,364
|
$347,000 | 0.17% |
| Unitedhealth Group Inc |
No change
658
|
$335,000 | 0.17% |
| Costco Whsl Corp New |
1.26%
393
|
$334,000 | 0.17% |
| American Intl Group Inc |
60.74%
4,340
|
$322,000 | 0.16% |
| Disney Walt Co |
5.99%
3,220
|
$320,000 | 0.16% |
| Quanta Svcs Inc |
3.72%
1,254
|
$319,000 | 0.16% |
| Pulte Group Inc |
Closed
2,620
|
$316,000 | |
| Travelers Companies Inc. |
No change
1,522
|
$309,000 | 0.15% |
| Monster Beverage Corp. |
0.10%
6,112
|
$305,000 | 0.15% |
| Marvell Technology Inc |
0.14%
4,311
|
$301,000 | 0.15% |
| Iron Mtn Inc Del |
4.82%
3,260
|
$292,000 | 0.15% |
| Mcdonalds Corp |
0.37%
1,066
|
$272,000 | 0.14% |
| Dollar Tree Inc |
Closed
2,018
|
$269,000 | |
| Intercontinental Hotels Grou |
Closed
2,437
|
$257,000 | |
| Paychex Inc. |
3.44%
2,105
|
$250,000 | 0.12% |
| Vanguard Whitehall Fds |
No change
2,075
|
$246,000 | 0.12% |
| Motorola Solutions Inc |
No change
600
|
$232,000 | 0.12% |
| DTE Energy Co. |
No change
2,088
|
$232,000 | 0.12% |
| Mckesson Corporation |
34.71%
395
|
$231,000 | 0.12% |
| Republic Svcs Inc |
No change
1,185
|
$230,000 | 0.11% |
| M/i Homes Inc |
0.54%
1,870
|
$228,000 | 0.11% |
| HCA Healthcare Inc |
0.71%
703
|
$226,000 | 0.11% |
| Sherwin-Williams Co. |
No change
750
|
$224,000 | 0.11% |
| Nuveen Nasdaq 100 Dynamic Ov |
Opened
8,150
|
$204,000 | 0.10% |
| Citigroup Inc |
No change
3,189
|
$202,000 | 0.10% |
| DocuSign Inc |
1.55%
3,750
|
$201,000 | 0.10% |
| RTX Corp |
Opened
2,000
|
$201,000 | 0.10% |
| Corning, Inc. |
Opened
5,140
|
$200,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 127 holdings | |||
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