Matrix Trust Co

DENVER, CO · CIK 1784277 · 13F filing filed 2026-01-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

$605.9m reported value -5.2% vs Q3 2025

222positions

62.9%in top 10

38 new 68 added 105 reduced 65 sold out vs Q3 2025

Holdings, Q4 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR MORNINGSTAR VALU ILCV	ILCV	666,393	$62.9m10.38%	10.38%	Added +5.3k	+5,283 0.8%
2	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	2,021,390	$48.6m8.02%	8.02%	Added +64.3k	+64,337 3.3%
3	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	739,497	$46.2m7.62%	7.62%	Added +14.2k	+14,225 2.0%
4	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	755,382	$40.6m6.70%	6.70%	Added +15.7k	+15,653 2.1%
5	SCHWAB STRATEGIC TR US TIPS ETF SCHP	SCHP	1,479,684	$39.2m6.47%	6.47%	Reduced -112.1k	-112,117 -7.0%
6	SCHWAB STRATEGIC TR US LRG CAP ETF SCHX	SCHX	1,456,441	$39.2m6.47%	6.47%	Added +15.6k	+15,610 1.1%
7	ISHARES TR CORE S&P500 ETF IVV	IVV	44,766	$30.7m5.06%	5.06%	Unchanged
8	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	44,596	$28.0m4.62%	4.62%	Added +312	+312 0.7%
9	ISHARES TR CORE US AGGBD ET AGG	AGG	263,065	$26.3m4.34%	4.34%	Added +2.5k	+2,531 1.0%
10	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	247,837	$19.8m3.26%	3.26%	Added +2.6k	+2,604 1.1%
11	ISHARES TR MRGSTR MD CP VAL IMCV	IMCV	206,652	$17.0m2.81%	2.81%	Added +2.6k	+2,586 1.3%
12	ISHARES TR MRGSTR MD CP GRW IMCG	IMCG	203,324	$16.2m2.68%	2.68%	Added +1.5k	+1,484 0.7%
13	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	549,934	$15.7m2.59%	2.59%	Added +8.0k	+8,028 1.5%
14	ISHARES TR MRGSTR MD CP ETF IMCB	IMCB	189,190	$15.7m2.58%	2.58%	Added +2.2k	+2,192 1.2%
15	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	174,321	$14.6m2.41%	2.41%	Added +1.7k	+1,660 1.0%
16	ISHARES TR MRNING SM CP ETF ISCV	ISCV	187,179	$12.8m2.12%	2.12%	Added +2.2k	+2,205 1.2%
17	ISHARES TR MRGSTR SM CP GR ISCG	ISCG	178,213	$9.9m1.63%	1.63%	Added +1.4k	+1,430 0.8%
18	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	102,999	$7.6m1.26%	1.26%	Added +1.9k	+1,868 1.9%
19	SPDR GOLD TR GOLD SHS GLD	GLD	11,018	$4.4m0.72%	0.72%	Reduced -162	-162 -1.4%
20	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	36,437	$4.3m0.71%	0.71%	Reduced -393	-393 -1.1%
21	SELECT SECTOR SPDR TR ENERGY XLE	XLE	92,238	$4.1m0.68%	0.68%	Added +930	+930 1.0%
22	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	44,196	$4.0m0.67%	0.67%	Added +18.3k	+18,254 70.4%
23	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	43,390	$3.8m0.63%	0.63%	Added +2.0k	+1,976 4.8%
24	APPLE INC COM AAPL	AAPL	13,811	$3.8m0.62%	0.62%	Reduced -119	-119 -0.8%
25	BROADCOM INC COM AVGO	AVGO	10,455	$3.6m0.60%	0.60%	Reduced -1.3k	-1,257 -10.7%
26	MICROSOFT CORP COM MSFT	MSFT	6,500	$3.1m0.52%	0.52%	Added +152	+152 2.4%
27	ABBVIE INC COM ABBV	ABBV	13,240	$3.0m0.50%	0.50%	Reduced -1.0k	-1,025 -7.2%
28	JPMORGAN CHASE & CO COM JPM	JPM	9,368	$3.0m0.50%	0.50%	Reduced -213	-213 -2.2%
29	ISHARES TR ISHARES SEMICDTR SOXX	SOXX	9,382	$2.8m0.47%	0.47%	Reduced -86	-86 -0.9%
30	MERCK & CO INC COM MRK	MRK	24,938	$2.6m0.43%	0.43%	Reduced -2.4k	-2,356 -8.6%
31	MORGAN STANLEY COM NEW MS	MS	14,462	$2.6m0.42%	0.42%	Reduced -632	-632 -4.2%
32	ELI LILLY & CO COM LLY	LLY	2,205	$2.4m0.39%	0.39%	Added +1.5k	+1,545 234.1%
33	RTX CORPORATION COM RTX	RTX	12,013	$2.2m0.36%	0.36%	Reduced -295	-295 -2.4%
34	GOLDMAN SACHS GROUP INC COM GS	GS	2,502	$2.2m0.36%	0.36%	Reduced -25	-25 -1.0%
35	CITIGROUP INC COM NEW C	C	18,820	$2.2m0.36%	0.36%	Reduced -2.5k	-2,493 -11.7%
36	EXXON MOBIL CORP COM XOM	XOM	17,637	$2.1m0.35%	0.35%	Reduced -2.9k	-2,886 -14.1%
37	MCDONALDS CORP COM MCD	MCD	6,660	$2.0m0.34%	0.34%	Reduced -754	-754 -10.2%
38	COSTCO WHSL CORP NEW COM COST	COST	2,251	$1.9m0.32%	0.32%	Reduced -93	-93 -4.0%
39	SOUTHERN CO COM SO	SO	21,988	$1.9m0.32%	0.32%	Added +2.9k	+2,861 15.0%
40	GENERAL DYNAMICS CORP COM GD	GD	5,527	$1.9m0.31%	0.31%	New
41	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	38,952	$1.8m0.30%	0.30%	Added +1.4k	+1,399 3.7%
42	FASTENAL CO COM FAST	FAST	44,503	$1.8m0.29%	0.29%	Reduced -1.8k	-1,816 -3.9%
43	BONDBLOXX ETF TRUST BLOOMBERG SIX MN XHLF	XHLF	35,062	$1.8m0.29%	0.29%	Reduced -7.7k	-7,734 -18.1%
44	ISHARES TR 7-10 YR TRSY BD IEF	IEF	18,270	$1.8m0.29%	0.29%	Reduced -760	-760 -4.0%
45	HOME DEPOT INC COM HD	HD	5,072	$1.7m0.29%	0.29%	Reduced -151	-151 -2.9%
46	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	5,282	$1.6m0.26%	0.26%	Reduced -528	-528 -9.1%
47	ISHARES TR 0-5 YR TIPS ETF STIP	STIP	14,947	$1.5m0.25%	0.25%	Added +230	+230 1.6%
48	WEC ENERGY GROUP INC COM WEC	WEC	14,300	$1.5m0.25%	0.25%	Added +95	+95 0.7%
49	PRICE T ROWE GROUP INC COM TROW	TROW	13,989	$1.4m0.24%	0.24%	Reduced -618	-618 -4.2%
50	ISHARES TR GRWT ALLOCAT ETF AOR	AOR	21,965	$1.4m0.24%	0.24%	New
51	CENCORA INC COM COR	COR	4,153	$1.4m0.23%	0.23%	New
52	PAYCHEX INC COM PAYX	PAYX	11,768	$1.3m0.22%	0.22%	Reduced -418	-418 -3.4%
53	ISHARES TR CORE DIV GRWTH DGRO	DGRO	18,984	$1.3m0.22%	0.22%	New
54	XCEL ENERGY INC COM XEL	XEL	17,736	$1.3m0.22%	0.22%	New
55	ISHARES TR 20 YR TR BD ETF TLT	TLT	14,419	$1.3m0.21%	0.21%	Unchanged
56	WORLD GOLD TR SPDR GLD MINIS GLDM	GLDM	14,558	$1.2m0.21%	0.21%	Reduced -24.3k	-24,274 -62.5%
57	HDFC BANK LTD SPONSORED ADS HDB	HDB	31,490	$1.2m0.19%	0.19%	Added +3.0k	+2,984 10.5%
58	ISHARES TR BLACKROCK ULTRA ICSH	ICSH	22,320	$1.1m0.19%	0.19%	Added +2.3k	+2,297 11.5%
59	SOMNIGROUP INTERNATIONAL INC COM SGI	SGI	12,188	$1.1m0.18%	0.18%	Added +770	+770 6.7%
60	HARBOR ETF TRUST HARBOR COMMODITY HGER	HGER	43,446	$1.1m0.18%	0.18%	Added +23.5k	+23,457 117.3%
61	PACCAR INC COM PCAR	PCAR	9,703	$1.1m0.18%	0.18%	Added +6.8k	+6,755 229.1%
62	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	14,000	$1.1m0.17%	0.17%	Reduced -2.2k	-2,179 -13.5%
63	CHEVRON CORP NEW COM CVX	CVX	6,270	$956.0k0.16%	0.16%	Added +1	+1 0.0%
64	VANGUARD WORLD FD UTILITIES ETF VPU	VPU	4,007	$741.0k0.12%	0.12%	Reduced -724	-724 -15.3%
65	EATON CORP PLC SHS ETN	ETN	2,328	$741.0k0.12%	0.12%	Reduced -2.6k	-2,552 -52.3%
66	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	8,184	$602.0k0.10%	0.10%	Reduced -29.2k	-29,194 -78.1%
67	NVIDIA CORPORATION COM NVDA	NVDA	3,110	$580.0k0.10%	0.10%	Added +217	+217 7.5%
68	UBER TECHNOLOGIES INC COM UBER	UBER	7,034	$575.0k0.09%	0.09%	Added +1.8k	+1,763 33.5%
69	MERCADOLIBRE INC COM MELI	MELI	285	$574.0k0.09%	0.09%	Added +79	+79 38.4%
70	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	1,888	$574.0k0.09%	0.09%	Reduced -129	-129 -6.4%
71	ALPHABET INC CAP STK CL A GOOGL	GOOGL	1,826	$572.0k0.09%	0.09%	Reduced -335	-335 -15.5%
72	PROGRESSIVE CORP COM PGR	PGR	2,512	$572.0k0.09%	0.09%	Added +506	+506 25.2%
73	APPLOVIN CORP COM CL A APP	APP	841	$567.0k0.09%	0.09%	Reduced -73	-73 -8.0%
74	BOOKING HOLDINGS INC COM BKNG	BKNG	105	$562.0k0.09%	0.09%	Added +16	+16 18.0%
75	META PLATFORMS INC CL A META	META	852	$562.0k0.09%	0.09%	Added +213	+213 33.3%
76	GE AEROSPACE COM NEW GE	GE	1,823	$562.0k0.09%	0.09%	Added +20	+20 1.1%
77	VISA INC COM CL A V	V	1,601	$561.0k0.09%	0.09%	Added +152	+152 10.5%
78	NU HLDGS LTD ORD SHS CL A NU	NU	33,506	$561.0k0.09%	0.09%	New
79	MASTERCARD INCORPORATED CL A MA	MA	979	$559.0k0.09%	0.09%	Added +146	+146 17.5%
80	WISDOMTREE TR FLOATNG RAT TREA USFR	USFR	11,062	$557.0k0.09%	0.09%	Reduced -1.6k	-1,573 -12.4%
81	MOODYS CORP COM MCO	MCO	1,072	$548.0k0.09%	0.09%	Added +106	+106 11.0%
82	AMAZON COM INC COM AMZN	AMZN	2,360	$545.0k0.09%	0.09%	Added +215	+215 10.0%
83	ISHARES TR TIPS BD ETF TIP	TIP	3,686	$405.0k0.07%	0.07%	Added +260	+260 7.6%
84	VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT	VT	2,484	$350.0k0.06%	0.06%	Reduced -6.6k	-6,596 -72.6%
85	FIRST TR EXCH TRADED FD III PFD SECS INC ETF FPE	FPE	18,690	$341.0k0.06%	0.06%	Reduced -65.3k	-65,309 -77.8%
86	VANGUARD MALVERN FDS STRM INFPROIDX VTIP	VTIP	6,885	$341.0k0.06%	0.06%	Reduced -21.9k	-21,923 -76.1%
87	VANECK ETF TRUST IG FLOATING RATE FLTR	FLTR	13,333	$340.0k0.06%	0.06%	Reduced -43.7k	-43,693 -76.6%
88	ISHARES TR GLOBAL REIT ETF REET	REET	13,532	$338.0k0.06%	0.06%	Reduced -40.4k	-40,403 -74.9%
89	SSGA ACTIVE ETF TR MULT ASS RLRTN RLY	RLY	10,287	$324.0k0.05%	0.05%	Reduced -35.0k	-34,999 -77.3%
90	ISHARES TR MSCI INDIA ETF INDA	INDA	5,846	$316.0k0.05%	0.05%	Reduced -101	-101 -1.7%
91	HARTFORD FDS EXCHANGE TRADED HARTFORD QUALITY ACVU	ACVU	10,922	$299.0k0.05%	0.05%	Reduced -546.4k	-546,407 -98.0%
92	VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF VSS	VSS	1,866	$267.0k0.04%	0.04%	Reduced -6.7k	-6,718 -78.3%
93	ASA GOLD AND PRECIOUS MTLS L SHS ASA	ASA	3,958	$236.0k0.04%	0.04%	Reduced -26.3k	-26,270 -86.9%
94	INDEXIQ ETF TR HEDGE MLTI ETF QAI	QAI	7,000	$235.0k0.04%	0.04%	Reduced -23.5k	-23,523 -77.1%
95	LITMAN GREGORY FDS TR IMGP DBI MANAGED DBMF	DBMF	8,251	$232.0k0.04%	0.04%	Reduced -30.6k	-30,619 -78.8%
96	SIMPLIFY EXCHANGE TRADED FUN MULTI QIS ALTERN QIS	QIS	15,518	$230.0k0.04%	0.04%	Reduced -26.8k	-26,792 -63.3%
97	ISHARES TR GLOBAL 100 ETF IOO	IOO	1,588	$201.0k0.03%	0.03%	Reduced -6.4k	-6,386 -80.1%
98	ISHARES SILVER TR ISHARES SLV	SLV	2,063	$133.0k0.02%	0.02%	Reduced -13.3k	-13,328 -86.6%
99	EMERSON ELEC CO COM EMR	EMR	857	$114.0k0.02%	0.02%	Reduced -1.6k	-1,629 -65.5%
100	TEXAS INSTRS INC COM TXN	TXN	638	$111.0k0.02%	0.02%	Reduced -12.7k	-12,701 -95.2%

Sold out since Q3 2025

Security	Ticker	Shares held before	Value then
ISHARES TR FXI	FXI	75,475	$3.1m75.5k shares
UNITEDHEALTH GROUP INC UNH	UNH	5,544	$1.9m5.5k shares
WASTE MGMT INC DEL WM	WM	7,574	$1.7m7.6k shares
SPDR SER TR PSK	PSK	22,766	$753.0k22.8k shares
SSGA ACTIVE ETF TR SRLN	SRLN	17,615	$732.0k17.6k shares
NETFLIX INC NFLX	NFLX	4,000	$480.0k4.0k shares
EOG RES INC EOG	EOG	4,115	$461.0k4.1k shares
CALAMOS ETF TR CAIE	CAIE	14,697	$404.0k14.7k shares
ONEOK INC NEW OKE	OKE	5,232	$382.0k5.2k shares
ARTISAN PARTNERS ASSET MGMT APAM	APAM	8,015	$348.0k8.0k shares
HILLENBRAND INC HI	HI	12,614	$341.0k12.6k shares
FRANKLIN RESOURCES INC BEN	BEN	14,237	$329.0k14.2k shares
RBB FD INC RBIL	RBIL	6,178	$309.0k6.2k shares
ACUITY INC AYI	AYI	477	$164.0k477 shares
CUMMINS INC CMI	CMI	383	$162.0k383 shares
FIRSTENERGY CORP FE	FE	3,491	$160.0k3.5k shares
TARGET CORP TGT	TGT	1,778	$159.0k1.8k shares
SNAP ON INC SNA	SNA	447	$155.0k447 shares
MAGNA INTL INC MGA	MGA	3,216	$152.0k3.2k shares
LEVI STRAUSS & CO NEW LEVI	LEVI	6,464	$151.0k6.5k shares
QUALCOMM INC QCOM	QCOM	902	$150.0k902 shares
AON PLC AON	AON	422	$150.0k422 shares
3M CO MMM	MMM	950	$147.0k950 shares
GILEAD SCIENCES INC GILD	GILD	1,299	$144.0k1.3k shares
KROGER CO KR	KR	2,034	$137.0k2.0k shares