Bruce G. Allen Investments, LLC

DENVER, CO · CIK 2005409 · 13F filing filed 2026-05-08

SEC-registered investment adviser since 2017 · limited liability company

Assets managed$258.1m
Staff2 · 2 in investment roles
Main clients (by assets)High net worth individuals 88%, Individuals 11%
Form ADV · 2026-03-27SEC adviser record

$152.9m reported value +3.4% vs Q4 2025

1,084positions

60.4%in top 10

78 new 271 added 362 reduced 75 sold out vs Q4 2025

Holdings, Q1 2026

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 EAFE VALUE ETF EFV	EFV	318,695	$23.7m15.50%	15.50%	Reduced -6.2k	-6,164 -1.9%
2	VANGUARD INDEX FDS VALUE ETF VTV	VTV	87,811	$17.2m11.27%	11.27%	Added +2.5k	+2,520 3.0%
3	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	423,476	$13.0m8.50%	8.50%	Added +13.8k	+13,846 3.4%
4	SCHWAB STRATEGIC TR FUNDAMENTAL INTL FNDF	FNDF	223,450	$10.9m7.15%	7.15%	Reduced -6.7k	-6,688 -2.9%
5	SCHWAB STRATEGIC TR FUNDAMENTAL US L FNDX	FNDX	350,606	$9.8m6.39%	6.39%	Reduced -556	-556 -0.2%
6	VANGUARD INDEX FDS MCAP VL IDXVIP VOE	VOE	27,654	$5.1m3.33%	3.33%	Reduced -607	-607 -2.1%
7	BARCLAYS BANK PLC DJUBS CMDT ETN36 DJP	DJP	98,123	$4.7m3.09%	3.09%	Reduced -5.2k	-5,226 -5.1%
8	SPROTT PHYSICAL GOLD TR UNIT PHYS	PHYS	113,065	$4.0m2.62%	2.62%	Reduced -19.2k	-19,239 -14.5%
9	APPLE INC COM AAPL	AAPL	8,124	$2.1m1.35%	1.35%	Reduced -124	-124 -1.5%
10	VANGUARD SCOTTSDALE FDS VNG RUS1000VAL VONV	VONV	20,075	$1.9m1.23%	1.23%	Unchanged
11	ISHARES TR RUS 1000 VAL ETF IWD	IWD	7,292	$1.6m1.02%	1.02%	Reduced -79	-79 -1.1%
12	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	2,376	$1.5m1.01%	1.01%	Unchanged
13	PIMCO EQUITY SER RAFI ESG US RAFE	RAFE	36,739	$1.5m1.00%	1.00%	Reduced -1.3k	-1,326 -3.5%
14	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	6,135	$1.3m0.87%	0.87%	Added +235	+235 4.0%
15	GE AEROSPACE COM NEW GE	GE	4,218	$1.2m0.78%	0.78%	Added +9	+9 0.2%
16	ISHARES TR SP SMCP600VL ETF IJS	IJS	8,957	$1.1m0.69%	0.69%	Added +11	+11 0.1%
17	WISDOMTREE TR INTL SMCAP DIV DLS	DLS	12,742	$1.0m0.68%	0.68%	Reduced -810	-810 -6.0%
18	NUVEEN TAXABLE MUNICPAL INM COM NBB	NBB	59,091	$925.4k0.61%	0.61%	Added +1.2k	+1,224 2.1%
19	EXXON MOBIL CORP COM XOM	XOM	5,423	$920.1k0.60%	0.60%	Reduced -309	-309 -5.4%
20	PROCTER AND GAMBLE CO COM PG	PG	5,651	$816.2k0.53%	0.53%	Added +85	+85 1.5%
21	JOHNSON & JOHNSON COM JNJ	JNJ	3,115	$761.4k0.50%	0.50%	Reduced -52	-52 -1.6%
22	GE VERNOVA INC COM GEV	GEV	864	$754.2k0.49%	0.49%	Added +3	+3 0.3%
23	SHELL PLC SPON ADS SHEL	SHEL	7,983	$742.4k0.49%	0.49%	Added +69	+69 0.9%
24	VERIZON COMMUNICATIONS INC COM VZ	VZ	14,676	$736.7k0.48%	0.48%	Added +484	+484 3.4%
25	AT&T INC COM T	T	23,854	$691.5k0.45%	0.45%	Added +1.5k	+1,456 6.5%
26	SCHWAB STRATEGIC TR FUNDAMENTAL US S FNDA	FNDA	20,833	$675.6k0.44%	0.44%	Added +119	+119 0.6%
27	ALPHABET INC CAP STK CL A GOOGL	GOOGL	2,288	$657.9k0.43%	0.43%	Reduced -64	-64 -2.7%
28	JPMORGAN CHASE & CO COM JPM	JPM	2,203	$648.0k0.42%	0.42%	Reduced -73	-73 -3.2%
29	CUMMINS INC COM CMI	CMI	1,086	$584.3k0.38%	0.38%	Reduced -80	-80 -6.9%
30	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,189	$569.8k0.37%	0.37%	Added +4	+4 0.3%
31	ABRDN ETFS BBRG ALL COMD K1 BCI	BCI	23,182	$563.1k0.37%	0.37%	Reduced -6.4k	-6,427 -21.7%
32	UBS AG LONDON BRANCH ETRACS UBS BLOOM UCIB	UCIB	16,538	$545.2k0.36%	0.36%	Unchanged
33	CHEVRON CORP NEW COM CVX	CVX	2,589	$535.7k0.35%	0.35%	Reduced -215	-215 -7.7%
34	BANK NEW YORK MELLON CORP COM BNY	BNY	4,430	$525.5k0.34%	0.34%	Reduced -144	-144 -3.1%
35	MICROSOFT CORP COM MSFT	MSFT	1,378	$509.9k0.33%	0.33%	Reduced -66	-66 -4.6%
36	COCA COLA CO COM KO	KO	6,674	$507.6k0.33%	0.33%	Added +568	+568 9.3%
37	ABBVIE INC COM ABBV	ABBV	2,298	$499.8k0.33%	0.33%	Reduced -131	-131 -5.4%
38	VANGUARD BD INDEX FDS INTERMED TERM BIV	BIV	6,365	$491.2k0.32%	0.32%	Added +43	+43 0.7%
39	COLGATE PALMOLIVE CO COM CL	CL	5,758	$490.8k0.32%	0.32%	Added +198	+198 3.6%
40	META PLATFORMS INC CL A META	META	855	$489.2k0.32%	0.32%	Added +77	+77 9.9%
41	SELECT SECTOR SPDR TR ENERGY XLE	XLE	7,965	$488.0k0.32%	0.32%	Reduced -320	-320 -3.9%
42	MERCK & CO INC COM MRK	MRK	3,886	$467.4k0.31%	0.31%	Reduced -272	-272 -6.5%
43	BANK AMERICA CORP COM BAC	BAC	8,805	$429.3k0.28%	0.28%	Reduced -1.0k	-1,040 -10.6%
44	UNION PAC CORP COM UNP	UNP	1,601	$388.5k0.25%	0.25%	Reduced -30	-30 -1.8%
45	HOME DEPOT INC COM HD	HD	1,176	$386.8k0.25%	0.25%	Added +7	+7 0.6%
46	WELLS FARGO CO NEW COM WFC	WFC	4,837	$385.1k0.25%	0.25%	Added +171	+171 3.7%
47	WALMART INC COM WMT	WMT	2,845	$353.6k0.23%	0.23%	Reduced -193	-193 -6.3%
48	ISHARES TR RUS MID CAP ETF IWR	IWR	3,531	$343.4k0.22%	0.22%	Added +9	+9 0.3%
49	NEXTERA ENERGY INC COM NEE	NEE	3,678	$341.6k0.22%	0.22%	Added +8	+8 0.2%
50	SPDR GOLD TR GOLD SHS GLD	GLD	768	$330.5k0.22%	0.22%	Reduced -113	-113 -12.8%
51	TOTALENERGIES SE ACT TTE	TTE	3,608	$328.3k0.21%	0.21%	Reduced -483	-483 -11.8%
52	MCDONALDS CORP COM MCD	MCD	1,012	$314.5k0.21%	0.21%	Reduced -21	-21 -2.0%
53	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	1,427	$307.0k0.20%	0.20%	Added +3	+3 0.2%
54	GSK PLC SPONSORED ADR GSK	GSK	5,551	$306.4k0.20%	0.20%	Reduced -204	-204 -3.5%
55	NOVARTIS AG SPONSORED ADR NVS	NVS	1,970	$300.9k0.20%	0.20%	Added +17	+17 0.9%
56	SANOFI SPONSORED ADR SNY	SNY	6,051	$291.5k0.19%	0.19%	Added +350	+350 6.1%
57	MICRON TECHNOLOGY INC COM MU	MU	829	$280.1k0.18%	0.18%	Reduced -46	-46 -5.3%
58	BROADCOM INC COM AVGO	AVGO	904	$279.8k0.18%	0.18%	Reduced -42	-42 -4.4%
59	SCHWAB STRATEGIC TR INTERNL DIVID SCHY	SCHY	8,833	$279.7k0.18%	0.18%	Reduced -2.3k	-2,293 -20.6%
60	ING GROEP N.V. SPONSORED ADR ING	ING	10,519	$274.0k0.18%	0.18%	Reduced -403	-403 -3.7%
61	VANGUARD ADMIRAL FDS INC SMLCP 600 VAL VIOV	VIOV	2,692	$273.9k0.18%	0.18%	Added +395	+395 17.2%
62	PEPSICO INC COM PEP	PEP	1,713	$266.0k0.17%	0.17%	Reduced -96	-96 -5.3%
63	CISCO SYS INC COM CSCO	CSCO	3,397	$263.6k0.17%	0.17%	Reduced -532	-532 -13.5%
64	HERSHEY CO COM HSY	HSY	1,267	$263.4k0.17%	0.17%	Reduced -58	-58 -4.4%
65	CAPITAL GROUP DIVIDEND VALUE SHS CREATION UNI CGDV	CGDV	6,144	$261.4k0.17%	0.17%	Reduced -1.1k	-1,121 -15.4%
66	PHILIP MORRIS INTL INC COM PM	PM	1,550	$256.3k0.17%	0.17%	Reduced -115	-115 -6.9%
67	MORGAN STANLEY COM NEW MS	MS	1,491	$245.4k0.16%	0.16%	Added +58	+58 4.0%
68	EATON CORP PLC SHS ETN	ETN	669	$239.3k0.16%	0.16%	Added +8	+8 1.2%
69	ABBOTT LABS COM ABT	ABT	2,316	$237.8k0.16%	0.16%	Added +177	+177 8.3%
70	AMGEN INC COM AMGN	AMGN	672	$236.4k0.15%	0.15%	Reduced -80	-80 -10.6%
71	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	2,348	$236.3k0.15%	0.15%	Added +1.5k	+1,462 165.0%
72	UNITEDHEALTH GROUP INC COM UNH	UNH	829	$224.3k0.15%	0.15%	Added +100	+100 13.7%
73	TJX COS INC NEW COM TJX	TJX	1,396	$222.9k0.15%	0.15%	Added +128	+128 10.1%
74	US BANCORP DEL COM NEW USB	USB	4,266	$221.9k0.15%	0.15%	Added +962	+962 29.1%
75	LINDE PLC SHS LIN	LIN	424	$210.2k0.14%	0.14%	Reduced -36	-36 -7.8%
76	MEDTRONIC PLC SHS MDT	MDT	2,420	$209.7k0.14%	0.14%	Added +444	+444 22.5%
77	RTX CORPORATION COM RTX	RTX	1,066	$205.6k0.13%	0.13%	Reduced -61	-61 -5.4%
78	BLACKROCK INC COM BLK	BLK	212	$203.9k0.13%	0.13%	Reduced -16	-16 -7.0%
79	DIAGEO PLC SPON ADR NEW DEO	DEO	2,520	$187.6k0.12%	0.12%	Added +678	+678 36.8%
80	SUN LIFE FINANCIAL INC. COM SLF	SLF	2,994	$187.3k0.12%	0.12%	Unchanged
81	UNITED PARCEL SERVICE INC CL B UPS	UPS	1,892	$186.1k0.12%	0.12%	Added +148	+148 8.5%
82	NUTRIEN LTD COM NTR	NTR	2,457	$185.4k0.12%	0.12%	Reduced -194	-194 -7.3%
83	PNC FINL SVCS GROUP INC COM PNC	PNC	879	$182.9k0.12%	0.12%	Added +91	+91 11.6%
84	CONOCOPHILLIPS COM COP	COP	1,371	$181.0k0.12%	0.12%	Reduced -150	-150 -9.9%
85	UNILEVER PLC SPON ADR NEW UL	UL	3,146	$179.2k0.12%	0.12%	Added +158	+158 5.3%
86	ALPHABET INC CAP STK CL C GOOG	GOOG	602	$172.7k0.11%	0.11%	Added +43	+43 7.7%
87	CHUBB LIMITED COM CB	CB	524	$170.8k0.11%	0.11%	Reduced -13	-13 -2.4%
88	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	702	$170.2k0.11%	0.11%	Added +175	+175 33.2%
89	TRAVELERS COMPANIES INC COM TRV	TRV	580	$169.2k0.11%	0.11%	Reduced -37	-37 -6.0%
90	DIMENSIONAL ETF TRUST EMERGING MKTS VA DFEV	DFEV	4,703	$168.3k0.11%	0.11%	Unchanged
91	SCHWAB CHARLES CORP COM SCHW	SCHW	1,786	$167.8k0.11%	0.11%	Reduced -205	-205 -10.3%
92	STARBUCKS CORP COM SBUX	SBUX	1,870	$167.5k0.11%	0.11%	Reduced -19	-19 -1.0%
93	SUMITOMO MITSUI FINL GROUP I SPONSORED ADR SMFG	SMFG	8,449	$166.9k0.11%	0.11%	Reduced -516	-516 -5.8%
94	VISA INC COM CL A V	V	544	$164.4k0.11%	0.11%	Reduced -86	-86 -13.7%
95	KINROSS GOLD CORP COM KGC	KGC	5,383	$164.3k0.11%	0.11%	Added +116	+116 2.2%
96	TARGET CORP COM TGT	TGT	1,317	$159.6k0.10%	0.10%	Added +207	+207 18.6%
97	TEXAS INSTRS INC COM TXN	TXN	811	$157.4k0.10%	0.10%	Added +144	+144 21.6%
98	RIO TINTO PLC SPONSORED ADR RIO	RIO	1,662	$155.0k0.10%	0.10%	Reduced -28	-28 -1.7%
99	APPLIED MATLS INC COM AMAT	AMAT	452	$154.5k0.10%	0.10%	Reduced -12	-12 -2.6%
100	RAYMOND JAMES FINL INC COM RJF	RJF	1,063	$153.9k0.10%	0.10%	Reduced -10	-10 -0.9%

Sold out since Q4 2025

Security	Ticker	Shares held before	Value then
ASTRAZENECA PLC		716	$131.6k716 shares
TEGNA INC TGNA	TGNA	6,081	$118.0k6.1k shares
WEBSTER FINL CORP WBS	WBS	810	$51.0k810 shares
DAKOTA GOLD CORP DC	DC	7,632	$43.4k7.6k shares
OSISKO DEVELOPMENT CORP		9,333	$32.6k9.3k shares
TELEFONICA S A TELFY	TELFY	1,659	$6.7k1.7k shares
ISHARES TR ITA	ITA	26	$5.6k26 shares
ISHARES TR ARTY	ARTY	99	$4.8k99 shares
POTLATCHDELTIC CORPORATION PCH	PCH	115	$4.6k115 shares
EXACT SCIENCES CORP EXAS	EXAS	45	$4.6k45 shares
BROOKFIELD ASSET MANAGMT LTD BAM	BAM	82	$4.3k82 shares
MANPOWERGROUP INC WIS MAN	MAN	120	$3.6k120 shares
COCA-COLA EUROPACIFIC PARTNE CCEP	CCEP	37	$3.4k37 shares
COMERICA INC CMA	CMA	32	$2.8k32 shares
EQUITY LIFESTYLE PPTYS INC ELS	ELS	43	$2.6k43 shares
ARGENX SE ARGX	ARGX	3	$2.5k3 shares
WHITE MTNS INS GROUP LTD WTM	WTM	1	$2.1k1 shares
GILDAN ACTIVEWEAR INC GIL	GIL	32	$2.0k32 shares
PRIMORIS SVCS CORP PRIM	PRIM	15	$1.9k15 shares
HEALTHEQUITY INC HQY	HQY	20	$1.8k20 shares
OPEN TEXT CORP OTEX	OTEX	52	$1.7k52 shares
CIVITAS RESOURCES INC CIVI	CIVI	62	$1.7k62 shares
AVERY DENNISON CORP AVY	AVY	9	$1.6k9 shares
FOMENTO ECONOMICO MEXICANO S FMX	FMX	16	$1.6k16 shares
RADIAN GROUP INC RDN	RDN	44	$1.6k44 shares