13F
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CLIFTONLARSONALLEN WEALTH ADVISORS, LLC

13F equity value
$6.8B
Positions
222
Top 10 concentration
61.5%
Quarters / total new picks
23 / 200
13F equity value over time
$0M$3B$7B2017201820192020202120222023202420252026

"13F equity value" = market value of this filer's US-listed long equity positions only. It excludes cash, bonds, non-US and short positions, so it understates a fund's true assets under management — often by a lot.

Not significant Verdict

13F holdings are disclosed ~45 days after quarter-end, and they never reveal when within the quarter a fund actually bought. So any 13F-based summary is structurally late and blurred — this applies to every fund, including this one.

We backtested copying it anyway. Buying this fund's new positions the day each filing went public, over 23 quarters, returned +3.6% per quarter — versus +2.2% per quarter from simply owning every 13F stock. It beat that baseline in only 47.8% of quarters (excess t = 0.99, not statistically significant). Its filings tell you what it bought — not what you should buy.

Avg 2Q excess
+3.0%
t-stat
0.99
Quarterly win rate
48%
Annualized excess
+6.3%
$1 → follow vs universe
$2.10 vs $1.51
Cumulative return: $1 invested in new picks vs universe
1.00 20180630: universe 0.92120180930: universe 0.96320190331: universe 0.94720190930: universe 1.01820191231: universe 0.82120200930: universe 1.00720201231: universe 1.05320210630: universe 1.13820211231: universe 0.96820220331: universe 1.03920220630: universe 0.96320221231: universe 0.89420230331: universe 0.94220230930: universe 1.07020231231: universe 1.11720240331: universe 1.14320240630: universe 1.24620240930: universe 1.23620241231: universe 1.15320250331: universe 1.25720250630: universe 1.29720250930: universe 1.45820251231: universe 1.509 20180630: follow 0.96520180930: follow 0.90520190331: follow 0.80520190930: follow 0.82620191231: follow 0.97520200930: follow 1.06120201231: follow 1.22620210630: follow 1.25220211231: follow 1.23320220331: follow 1.31720220630: follow 1.12420221231: follow 1.12320230331: follow 1.12120230930: follow 1.21320231231: follow 1.27720240331: follow 1.47120240630: follow 1.53320240930: follow 1.61420241231: follow 1.71520250331: follow 1.64720250630: follow 1.62520250930: follow 1.90520251231: follow 2.098 0.74 1.50 2.27 20182019202020212022202320242025 Follow Universe

Quarterly compounding, invested quarters only · entry 47 days after quarter-end (when 13F data becomes public)

Listed as facts. See the verdict above before treating this as signal.

Top 20 holdings of 222 · 2026 Q1

Ticker Value Weight QoQ
VOO $1.4B
20.1%
ADD
VEA $697M
10.2%
ADD
SPHQ $553M
8.1%
TRIM
VTEB $315M
4.6%
ADD
SPAB $239M
3.5%
TRIM
SPSM $237M
3.5%
ADD
VGIT $234M
3.4%
ADD
VWO $223M
3.3%
ADD
MBB $182M
2.7%
ADD
NOBL $145M
2.1%
ADD
SPIB $143M
2.1%
TRIM
FLMI $130M
1.9%
ADD
BINC $110M
1.6%
NEW
PZA $100M
1.5%
HOLD
IEFA $99M
1.4%
TRIM
IVW $96M
1.4%
TRIM
SPYG $95M
1.4%
HOLD
IVE $88M
1.3%
TRIM
DFAC $67M
1.0%
TRIM
SCHB $64M
0.9%
ADD

QoQ vs previous quarter's share count · NEW = new position · ADD/TRIM = ±2% shares · HOLD = unchanged.

Listed as facts. See the verdict above before treating this as signal.

New positions in 2026 Q1

ADPAVGOBINCBJANCARRCOWZDUKFITBIBCAIGLBPPEPPJANSMBSSOUBSUSBVBVOOVWFCXLF

Method & Limitations

Method: a "new position" = held this quarter, absent last quarter (options excluded; stocks with <50 prior holders excluded to filter spin-off artifacts). Entry 47 days after quarter-end — the first day the public could act on the filing. Benchmark = equal-weighted universe of all 13F-held stocks. Limitations: quarterly snapshots can't see intra-quarter trades; survivorship bias — funds that shut down are absent, which flatters the sample. Statistics, not advice.