# EDGAR Filing Document

**Accession Number:** 0001971024
**File Stem:** 0001971024-23-000006
**Filing Date:** 2023-3
**Character Count:** 9993
**Document Hash:** 9680e3226b8528e965f4725b82985c05
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001971024-23-000006.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001971024-23-000006

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20210930

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230324

**EFFECTIVENESS DATE**: 20230327

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Ratio Wealth Group
- **CENTRAL INDEX KEY:** 0001971024
- **IRS NUMBER:** 823615538
- **STATE OF INCORPORATION:** CO
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23164
- **FILM NUMBER:** 23761192

**BUSINESS ADDRESS:**
- **STREET 1:** 1741 N HIGH ST
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80218
- **BUSINESS PHONE:** 7204204879

**MAIL ADDRESS:**
- **STREET 1:** 1741 N HIGH ST
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80218

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 09-30-2021

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Ratio Wealth Group<br>**Address:** 1741 N HIGH ST<br>DENVER, CO 80218

**Form 13F File Number:** 028-23164

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Darren Spreeuw<br>**Title:** Chief Compliance Officer<br>**Phone:** 7204204879

**Signature, Place, and Date of Signing:**

Darren Spreeuw  Denver, CO  03-24-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 63

**Form 13F Information Table Value Total:** $304731322

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 237197 | 412 | SH |  | SOLE | 0 | 0 | 0 | 412 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 253984 | 95 | SH |  | SOLE | 0 | 0 | 0 | 95 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 343825 | 129 | SH |  | SOLE | 0 | 0 | 0 | 129 |
| AMAZON COM INC | COM | 023135106 |  | 867251 | 264 | SH |  | SOLE | 0 | 0 | 0 | 264 |
| APPLE INC | COM | 037833100 |  | 1321151 | 9337 | SH |  | SOLE | 0 | 0 | 0 | 9337 |
| AVINGER INC | COM | 053734604 |  | 8928 | 12000 | SH |  | SOLE | 0 | 0 | 0 | 12000 |
| BANCO SANTANDER S.A. | ADR | 05964H105 |  | 13500 | 20000 | SH | Call | SOLE | 0 | 0 | 0 | 20000 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 384845 | 1410 | SH |  | SOLE | 0 | 0 | 0 | 1410 |
| BOULDER GROWTH  INCOME FD I | COM | 101507101 |  | 256995 | 19603 | SH |  | SOLE | 0 | 0 | 0 | 19603 |
| BUSINESS FIRST BANCSHARES IN | COM | 12326C105 |  | 3306972 | 141384 | SH |  | SOLE | 0 | 0 | 0 | 141384 |
| DANAHER CORPORATION | COM | 235851102 |  | 208541 | 685 | SH |  | SOLE | 0 | 0 | 0 | 685 |
| DHT HOLDINGS INC | SHS NEW | Y2065G121 |  | 68270 | 10455 | SH |  | SOLE | 0 | 0 | 0 | 10455 |
| ETF SER SOLUTIONS | DEFIANCE NEXT | 26922A289 |  | 1986232 | 54687 | SH |  | SOLE | 0 | 0 | 0 | 54687 |
| ETF SER SOLUTIONS | US GLB JETS | 26922A842 |  | 303267 | 12834 | SH |  | SOLE | 0 | 0 | 0 | 12834 |
| GLOBAL X FDS | US PFD ETF | 37954Y657 |  | 26157142 | 1015417 | SH |  | SOLE | 0 | 0 | 0 | 1015417 |
| INVESCO EXCHANGE TRADED FD T | DYNMC LEISURE | 46137V720 |  | 242135 | 4810 | SH |  | SOLE | 0 | 0 | 0 | 4810 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 570728 | 3809 | SH |  | SOLE | 0 | 0 | 0 | 3809 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 18451101 | 51545 | SH |  | SOLE | 0 | 0 | 0 | 51545 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 10356781 | 167694 | SH |  | SOLE | 0 | 0 | 0 | 167694 |
| ISHARES TR | LATN AMER 40 ETF | 464287390 |  | 4794584 | 180655 | SH |  | SOLE | 0 | 0 | 0 | 180655 |
| ISHARES TR | USD INV GRDE ETF | 464288620 |  | 3077321 | 51203 | SH |  | SOLE | 0 | 0 | 0 | 51203 |
| ISHARES TR | MSCI UK ETF NEW | 46435G334 |  | 7193814 | 223064 | SH |  | SOLE | 0 | 0 | 0 | 223064 |
| ISHARES TR | S 100 ETF | 464287101 |  | 4329464 | 21928 | SH |  | SOLE | 0 | 0 | 0 | 21928 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 2628613 | 67730 | SH |  | SOLE | 0 | 0 | 0 | 67730 |
| ISHARES TR | SELECT DIVID ETF | 464287168 |  | 444540 | 3875 | SH |  | SOLE | 0 | 0 | 0 | 3875 |
| ISHARES TR | CORE MSCI PAC | 46434V696 |  | 11815561 | 176457 | SH |  | SOLE | 0 | 0 | 0 | 176457 |
| ISHARES TR | RUS 2000 GRW ETF | 464287648 |  | 1488243 | 5069 | SH |  | SOLE | 0 | 0 | 0 | 5069 |
| ISHARES TR | EAFE VALUE ETF | 464288877 |  | 18967203 | 373003 | SH |  | SOLE | 0 | 0 | 0 | 373003 |
| ISHARES TR | CORE S ETF | 464287200 |  | 210239 | 488 | SH |  | SOLE | 0 | 0 | 0 | 488 |
| ISHARES TR | S MC 400VL ETF | 464287705 |  | 621640 | 6033 | SH |  | SOLE | 0 | 0 | 0 | 6033 |
| ISHARES TR | RUS MD CP GR ETF | 464287481 |  | 3213159 | 28671 | SH |  | SOLE | 0 | 0 | 0 | 28671 |
| ISHARES TR | S 500 GRWT ETF | 464287309 |  | 316113 | 4277 | SH |  | SOLE | 0 | 0 | 0 | 4277 |
| ISHARES TR | CORE S MCP ETF | 464287507 |  | 8937174 | 33973 | SH |  | SOLE | 0 | 0 | 0 | 33973 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 |  | 238875 | 1092 | SH |  | SOLE | 0 | 0 | 0 | 1092 |
| ISHARES TR | CORE MSCI EAFE | 46432F842 |  | 11654344 | 156961 | SH |  | SOLE | 0 | 0 | 0 | 156961 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 323661 | 2004 | SH |  | SOLE | 0 | 0 | 0 | 2004 |
| KOSMOS ENERGY LTD | COM | 500688106 |  | 35520 | 12000 | SH |  | SOLE | 0 | 0 | 0 | 12000 |
| MICROSOFT CORP | COM | 594918104 |  | 648257 | 2299 | SH |  | SOLE | 0 | 0 | 0 | 2299 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 209808 | 2672 | SH |  | SOLE | 0 | 0 | 0 | 2672 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 1184660 | 5719 | SH |  | SOLE | 0 | 0 | 0 | 5719 |
| SALESFORCE COM INC | COM | 79466L302 |  | 241115 | 889 | SH |  | SOLE | 0 | 0 | 0 | 889 |
| SCHWAB STRATEGIC TR | US BRD MKT ETF | 808524102 |  | 281734 | 2713 | SH |  | SOLE | 0 | 0 | 0 | 2713 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 760297 | 20258 | SH |  | SOLE | 0 | 0 | 0 | 20258 |
| SHOPIFY INC | CL A | 82509L107 |  | 271156 | 200 | SH |  | SOLE | 0 | 0 | 0 | 200 |
| SIENTRA INC | COM | 82621J105 |  | 71144 | 12416 | SH |  | SOLE | 0 | 0 | 0 | 12416 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 693644 | 1616 | SH |  | SOLE | 0 | 0 | 0 | 1616 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 515911 | 6038 | SH |  | SOLE | 0 | 0 | 0 | 6038 |
| VANGUARD INDEX FDS | SMALL CP ETF | 922908751 |  | 4014613 | 18359 | SH |  | SOLE | 0 | 0 | 0 | 18359 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 1186245 | 5342 | SH |  | SOLE | 0 | 0 | 0 | 5342 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 9059851 | 66927 | SH |  | SOLE | 0 | 0 | 0 | 66927 |
| VANGUARD INDEX FDS | EXTEND MKT ETF | 922908652 |  | 238892 | 1310 | SH |  | SOLE | 0 | 0 | 0 | 1310 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 22456577 | 56939 | SH |  | SOLE | 0 | 0 | 0 | 56939 |
| VANGUARD INDEX FDS | MCAP VL IDXVIP | 922908512 |  | 14937014 | 106991 | SH |  | SOLE | 0 | 0 | 0 | 106991 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 3321507 | 19624 | SH |  | SOLE | 0 | 0 | 0 | 19624 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 20192964 | 403779 | SH |  | SOLE | 0 | 0 | 0 | 403779 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 395996 | 6496 | SH |  | SOLE | 0 | 0 | 0 | 6496 |
| VANGUARD INTL EQUITY INDEX F | FTSE PACIFIC ETF | 922042866 |  | 18911186 | 233356 | SH |  | SOLE | 0 | 0 | 0 | 233356 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 10224981 | 108304 | SH |  | SOLE | 0 | 0 | 0 | 108304 |
| VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 921908844 |  | 16113607 | 104906 | SH |  | SOLE | 0 | 0 | 0 | 104906 |
| VANGUARD TAX-MANAGED INTL FD | FTSE DEV MKT ETF | 921943858 |  | 205646 | 4073 | SH |  | SOLE | 0 | 0 | 0 | 4073 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 15906392 | 153908 | SH |  | SOLE | 0 | 0 | 0 | 153908 |
| VANGUARD WORLD FDS | HEALTH CAR ETF | 92204A504 |  | 13293545 | 53785 | SH |  | SOLE | 0 | 0 | 0 | 53785 |
| VANGUARD WORLD FDS | FINANCIALS ETF | 92204A405 |  | 3765667 | 40644 | SH |  | SOLE | 0 | 0 | 0 | 40644 |

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