Trail Ridge Investment Advisors, LLC

Open in PORT →← all managers

CIK 1911013

13F portfolio (2026-Q1)

$230M

Positions

Implied 1Y CAGR

modeled · as filed

Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.

Implied return what this book implies · modeled, not advice methodology →

Open in PORT →

As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).

Computing…

Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.

Exposures · what this manager owns, by sector & size (2026-Q1)

Holdings

Top 5

36.6%

Top 10

51.3%

Effective N

26.7

HHI

0.037

This quarter

3 new · 0 exit →

By sector

Unclassified51.3%

Information Technology17.4%

Consumer Discretionary7.5%

Financials6.6%

Industrials6.1%

Communication Services4.4%

Health Care3.2%

Consumer Staples1.0%

Other2.5%

By market cap

Unknown51.3%

Mega (>$200B)29.9%

Large ($10–200B)15.4%

Mid ($2–10B)2.7%

Small ($300M–2B)0.8%

By region

Other51.3%

North America48.7%

By industry group GICS — finer than sector

Industry group	Weight	Names
Unclassified	52.23%	34
Technology Hardware & Equipment	7.69%	6
Software & IT Services	5.10%	5
Specialty Retail	5.03%	4
Semiconductors & Semiconductor Equipment	4.80%	5
Software	4.05%	2
Pharmaceuticals & Biotechnology	2.67%	7
Machinery	2.44%	3
Construction & Engineering	2.40%	2
Banks	1.79%	4
Insurance	1.51%	4
Commercial Services & Supplies	1.46%	2
Automobiles & Components	0.98%	1
Utilities	0.93%	2
Capital Markets	0.90%	1
Chemicals	0.89%	2
Food Products	0.83%	2
Transportation Infrastructure	0.70%	1
Distributors	0.69%	1
Diversified Consumer Services	0.64%	2
Road & Rail	0.51%	1
Equity Real Estate Investment Trusts (REITs)	0.40%	1
Health Care Equipment & Supplies	0.33%	1
Oil, Gas & Consumable Fuels	0.28%	1
Health Care Providers & Services	0.22%	1
Beverages	0.18%	1
Hotels, Restaurants & Leisure	0.17%	1
Diversified Telecommunication Services	0.11%	1
Media & Entertainment	0.10%	1

Top holdings

#	Ticker	Name	Sector	Weight
1	GSIE	Goldman Sachs ActiveBeta Int'l Eq ETF	Unclassified	9.76%
2	EMXC	ISHARES INC	Unclassified	8.55%
3	VNLA	JANUS DETROIT STR TR	Unclassified	7.29%
4	AAPL	Apple Inc.	Information Technology	6.01%
5	IVV	ISHARES TR	Unclassified	5.00%
6	MSFT	MICROSOFT CORP	Information Technology	3.61%
7	GOOG	Alphabet Inc.	Communication Services	3.60%
8	NVDA	NVIDIA CORP	Information Technology	2.94%
9	COST	COSTCO WHOLESALE CORP /NEW	Consumer Discretionary	2.36%
10	GVI	ISHARES TR	Unclassified	2.21%

66/99 names classified · sector 48.7% of weight · industry 47.8% · mkt cap 48.7%; unclassified names shown, never dropped.

Sector allocation over time · how the GICS mix & top names shifted quarter by quarter

top 5/sector, rest → “Other” · 18 quarters

Information TechnologyAAPL, MSFT, NVDA, TMO, ADBE · other

FinancialsMA, JPM, BRK.B, BLK, PYPL · other

Consumer DiscretionaryCOST, AMZN, HD, FSS, SHW · other

IndustrialsETN, TOL, PHM, UNP, BKNG · other

Communication ServicesGOOG, GOOGL, CMCSA, VZ, DIS · other

Health CareJNJ, COO, MRK, LLY, ZTS · other

MaterialsCHD, PG, RIO, CL, FBIN · other

Consumer StaplesHSY, POST, KO, PEP, MAMA · other

UtilitiesNEE, SWX, ED

Real Estate

EnergyXOM, CVX, COP, EOG

UnclassifiedGSIE, IVV, EMXC, VNLA, VTI · other

Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 48.7% of the book is sector-classified (unclassified names shown, never dropped).

Style box · size × value-growth placement of the reported book (2026-Q1), classified on current fundamentals (not point-in-time) — load it into PORT to overlay your own portfolio

Only 48% of book weight classified — the grid is NOT representative of the whole book.

holdings, colored by sector (64 classified)Trail Ridge Investment Advisors, LLC centroid (Large Core)

Information TechnologyConsumer DiscretionaryIndustrialsFinancialsCommunication ServicesHealth CareConsumer StaplesUtilitiesMaterialsReal EstateEnergy

Style box summary for Trail Ridge Investment Advisors, LLC: centroid Large Core. Heaviest cells: Large Growth 21.5%, Large Core 11.4%, Small Growth 3.1%.

Classified: 47.6% of book weight (64/99 names) · unclassified 52.4%: GSIE, EMXC, VNLA, IVV, GVI, IJJ, SLQD, IJK, FENY, IVE +25 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.

Contribution holdings-based, any period

No contribution data for this period.

Holdings· 99 positions (2026-Q1) · largest first · Δ vs 2025-Q4

#	Security	Shares	Value	Weight	Δ QoQ
1	GSIEGoldman Sachs ActiveBeta Int'l Eq ETF	520,439	$22M	9.8%	ADD 3%
2	EMXCISHARES INC	250,064	$20M	8.5%	ADD 3%
3	VNLAJANUS DETROIT STR TR	343,222	$17M	7.3%	ADD 3%
4	AAPLAPPLE INC	54,494	$14M	6.0%	HOLD
5	IVVISHARES TR	17,621	$12M	5.0%	HOLD
6	MSFTMICROSOFT CORP	22,446	$8M	3.6%	HOLD
7	GOOGALPHABET INC	28,862	$8M	3.6%	HOLD
8	NVDANVIDIA CORPORATION	38,831	$7M	2.9%	HOLD
9	COSTCOSTCO WHSL CORP NEW	5,452	$5M	2.4%	HOLD
10	GVIISHARES TR	47,556	$5M	2.2%	HOLD
11	IJJISHARES TR	32,365	$4M	1.9%	HOLD
12	AMZNAMAZON COM INC	20,568	$4M	1.9%	HOLD
13	SLQDISHARES TR	79,989	$4M	1.8%	HOLD
14	ETNEATON CORP PLC	11,106	$4M	1.7%	HOLD
15	IJKISHARES TR	38,532	$4M	1.7%	HOLD
16	FENYFIDELITY COVINGTON TRUST	110,839	$4M	1.6%	HOLD
17	TOLTOLL BROTHERS INC	26,143	$4M	1.6%	HOLD
18	IVEISHARES TR	15,517	$3M	1.4%	HOLD
19	IJTISHARES TR	21,379	$3M	1.3%	HOLD
20	BUFRFIRST TR EXCHNG TRADED FD VI	91,202	$3M	1.3%	ADD 5%
21	JPMJPMORGAN CHASE & CO	10,081	$3M	1.3%	ADD 15%
22	MAMASTERCARD INCORPORATED	5,571	$3M	1.2%	HOLD
23	OEFISHARES TR	7,508	$2M	1.0%	HOLD
24	BRK.BBERKSHIRE HATHAWAY INC DEL	4,697	$2M	1.0%	HOLD
25	FSSFEDERAL SIGNAL CORP	20,780	$2M	1.0%	HOLD
26	BLKBLACKROCK INC	2,146	$2M	0.9%	HOLD
27	CBCHUBB LIMITED	6,133	$2M	0.9%	HOLD
28	PHMPULTE GROUP INC	16,705	$2M	0.9%	HOLD
29	EFAISHARES TR	20,172	$2M	0.9%	HOLD
30	NEENEXTERA ENERGY INC	20,705	$2M	0.8%	HOLD
31	JBLJabil Circuit, Inc.	7,007	$2M	0.8%	ADD 2%
32	TMOTHERMO FISHER SCIENTIFIC INC	3,727	$2M	0.8%	HOLD
33	SPYSTATE STR SPDR S&P 500 ETF T	2,803	$2M	0.8%	TRIM −5%
34	BKNGBOOKING HOLDINGS INC	383	$2M	0.7%	HOLD
35	RSPINVESCO EXCHANGE TRADED FD T	8,365	$2M	0.7%	HOLD
36	JNJJOHNSON & JOHNSON	6,539	$2M	0.7%	HOLD
37	CAHCARDINAL HEALTH INC	7,561	$2M	0.7%	ADD 3%
38	AVGOBROADCOM INC	5,054	$2M	0.7%	HOLD
39	FIDUFIDELITY COVINGTON TRUST	17,904	$2M	0.7%	ADD 4%
40	UTHRUnited Therapeutics Corp.	2,600	$2M	0.7%	ADD 5%
41	CHDCHURCH & DWIGHT CO INC	15,626	$1M	0.6%	HOLD
42	HDHOME DEPOT INC	4,188	$1M	0.6%	HOLD
43	GOOGLALPHABET INC	4,767	$1M	0.6%	HOLD
44	LLYELI LILLY & CO	1,411	$1M	0.6%	HOLD
45	MAMAMAMAS CREATIONS INC	81,488	$1M	0.5%	ADD 4%
46	CACICACI INTL INC	2,234	$1M	0.5%	ADD 3%
47	UNPUNION PAC CORP	4,851	$1M	0.5%	HOLD
48	FMATFIDELITY COVINGTON TRUST	19,170	$1M	0.5%	TRIM −8%
49	CWCURTISS WRIGHT CORP	1,537	$1M	0.5%	ADD 4%
50	CVSAADTALEM GLOBAL ED INC	9,060	$1M	0.5%	HOLD
51	ROPROPER TECHNOLOGIES INC	2,913	$1M	0.4%	HOLD
52	ADBEADOBE INC	4,105	$997,843	0.4%	HOLD
53	AMTAMERICAN TOWER CORP	5,336	$920,887	0.4%	HOLD
54	COOCOOPER COS INC	10,500	$750,750	0.3%	HOLD
55	EEMISHARES TR	12,626	$717,031	0.3%	TRIM −11%
56	VTVVANGUARD INDEX FDS	3,514	$689,447	0.3%	TRIM −12%
57	SPSBSPDR SERIES TRUST	22,421	$674,199	0.3%	HOLD
58	POSTPOST HLDGS INC	6,696	$661,967	0.3%	TRIM −11%
59	MRKMERCK & CO INC	5,493	$660,753	0.3%	HOLD
60	PGRPROGRESSIVE CORP	3,246	$643,487	0.3%	ADD 4%
61	XOMEXXON MOBIL CORP	3,745	$635,377	0.3%	HOLD
62	ALLYALLY FINL INC	15,734	$617,239	0.3%	ADD 6%
63	GGGGRACO INC	6,959	$589,096	0.3%	HOLD
64	PGPROCTER AND GAMBLE CO	4,074	$588,463	0.3%	TRIM −10%
65	VVISA INC	1,867	$564,292	0.2%	ADD 4%
66	PEVERPURE INC	9,464	$558,755	0.2%	TRIM −4%
67	IWPISHARES TR	4,264	$546,304	0.2%	HOLD
68	VOYAVOYA FINANCIAL INC	7,758	$530,054	0.2%	TRIM −13%
69	HCSGHEALTHCARE SVCS GROUP INC	27,653	$512,963	0.2%	ADD 4%
70	IJSISHARES TR	4,253	$503,768	0.2%	TRIM −2%
71	FUTYFIDELITY COVINGTON TRUST	8,407	$496,631	0.2%	TRIM −4%
72	SANMSANMINA CORPORATION	3,729	$483,428	0.2%	ADD 4%
73	FDSFACTSET RESH SYS INC	2,200	$477,378	0.2%	HOLD
74	WMTWALMART INC	3,826	$475,499	0.2%	ADD 6%
75	ABBVABBVIE INC	2,148	$467,259	0.2%	HOLD
76	IVOVVANGUARD ADMIRAL FDS INC	4,535	$462,343	0.2%	HOLD
77	LRNSTRIDE INC	4,757	$419,425	0.2%	HOLD
78	KOCOCA COLA CO	5,302	$403,217	0.2%	ADD 3%
79	IVWISHARES TR	3,499	$395,772	0.2%	TRIM −9%
80	MCDMCDONALDS CORP	1,250	$388,496	0.2%	HOLD
81	CTSHCOGNIZANT TECHNOLOGY SOLUTIO	6,200	$380,370	0.2%	HOLD
82	VSHVISHAY INTERTECHNOLOGY INC	19,505	$351,093	0.2%	ADD 5%
83	MDYSPDR S&P MIDCAP 400 ETF TR	556	$342,919	0.1%	TRIM −7%
84	SPYMSPDR SERIES TRUST	4,395	$336,393	0.1%	ADD 26%
85	BIIBBIOGEN INC	1,807	$331,277	0.1%	HOLD
86	MDYGSPDR SERIES TRUST	3,410	$327,224	0.1%	TRIM −2%
87	XLKSELECT SECTOR SPDR TR	2,442	$324,542	0.1%	TRIM −20%
88	EGEVEREST GROUP LTD	925	$302,358	0.1%	TRIM −31%
89	IJRISHARES TR	2,415	$300,209	0.1%	TRIM −14%
90	BACBANK AMERICA CORP	5,591	$272,572	0.1%	ADD 4%
91	IWRISHARES TR	2,643	$256,979	0.1%	HOLD
92	SSBSOUTHSTATE BK CORP	2,762	$255,540	0.1%	HOLD
93	PBIPITNEY BOWES INC	22,510	$248,738	0.1%	TRIM −5%
94	HRMYHARMONY BIOSCIENCES HLDGS IN	8,694	$243,519	0.1%	ADD 5%
95	VZVERIZON COMMUNICATIONS INC	4,848	$243,370	0.1%	TRIM −48%
96	EDCONSOLIDATED EDISON INC	2,000	$226,360	0.1%	NEW
97	NFLXNETFLIX INC	2,319	$222,972	0.1%	ADD 8%
98	XLESELECT SECTOR SPDR TR	3,590	$219,923	0.1%	NEW
99	CSCOCISCO SYS INC	2,582	$200,337	0.1%	NEW

Position trends· top 15 holdings · shares held over 6 quarters

green added · red trimmed

Security

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

GSIEGoldman Sachs ActiveBeta Int'l Eq ETF

468K

503K

472K

477K

506K

520K

$22M

EMXCISHARES INC

245K

264K

225K

228K

243K

250K

$20M

VNLAJANUS DETROIT STR TR

172K

269K

281K

287K

333K

343K

$17M

AAPLAPPLE INC

57K

54K

53K

54K

$14M

IVVISHARES TR

24K

18K

17K

18K

$12M

MSFTMICROSOFT CORP

24K

23K

22K

$8M

GOOGALPHABET INC

31K

28K

29K

$8M

NVDANVIDIA CORPORATION

44K

38K

37K

38K

39K

$7M

COSTCOSTCO WHSL CORP NEW

$5M

GVIISHARES TR

33K

44K

45K

48K

$5M

IJJISHARES TR

31K

32K

31K

32K

33K

32K

$4M

AMZNAMAZON COM INC

22K

20K

21K

$4M

SLQDISHARES TR

82K

75K

76K

80K

$4M

ETNEATON CORP PLC

11K

$4M

IJKISHARES TR

37K

38K

37K

39K

$4M

Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

☆Trail Ridge Investment Advisors, LLC