CBIZ Investment Advisory Services LLC's Q2 2025 13F: 146 new positions, 29 exits
Form 13F-HR for the quarter ended Jun 30, 2025 · filed Aug 11, 2025 · 740 reported positions · accession 0001795934-25-000005
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | VANGUARD BD INDEX FDS (BND) | 24.2% | 22.8% | −1.4 pts | +251K sh | +4% |
| Increased | VANGUARD INDEX FDS (VUG) | 15.8% | 17.5% | +1.8 pts | +35,565 sh | +4% |
| Increased | VANGUARD INDEX FDS (VTV) | 16.9% | 16.1% | −0.8 pts | +53,682 sh | +3% |
| Reduced | VANGUARD INTL EQUITY INDEX F (VEU) | 16.7% | 16.4% | −0.3 pts | −118K sh | −2% |
| Increased | INVESCO QQQ TR (QQQ) | 9.4% | 10.3% | +0.9 pts | +12,343 sh | +3% |
| Increased | ISHARES TR (IVV) | 1.4% | 1.6% | +0.3 pts | +9,842 sh | +20% |
| Increased | VANGUARD INDEX FDS (VO) | 4.3% | 4.4% | +0.1 pts | +12,576 sh | +4% |
| Increased | VANGUARD INDEX FDS (VB) | 1.4% | 1.4% | +0.1 pts | +9,576 sh | +8% |
| Exited | ISHARES TR (MTUM) | 0.1% | — | −0.1 pts | −7,194 sh | −100% |
| Increased | ISHARES TR (HYG) | 1.3% | 1.3% | 0.0 pts | +18,367 sh | +5% |
| Reduced | VANGUARD TAX-MANAGED FDS (VEA) | 0.5% | 0.4% | 0.0 pts | −16,775 sh | −9% |
| Increased | VANGUARD SCOTTSDALE FDS (VCIT) | 1.3% | 1.2% | −0.1 pts | +10,765 sh | +3% |
| Reduced | VANGUARD SCOTTSDALE FDS (VONV) | 0.1% | 0.0% | 0.0 pts | −9,099 sh | −43% |
| Reduced | VANGUARD INDEX FDS (VTI) | 0.3% | 0.3% | 0.0 pts | −1,673 sh | −6% |
| Reduced | ISHARES TR (DVY) | 0.1% | 0.0% | 0.0 pts | −2,774 sh | −30% |
| Reduced | TRANSDIGM GROUP INC (TDG) | 2.0% | 2.0% | 0.0 pts | −242 sh | −1% |
| Reduced | ISHARES TR (IWF) | 0.1% | 0.0% | 0.0 pts | −667 sh | −22% |
| Reduced | ISHARES TR (IJH) | 0.1% | 0.1% | 0.0 pts | −3,129 sh | −9% |
| Reduced | ISHARES INC (EMXC) | 0.2% | 0.1% | 0.0 pts | −2,391 sh | −4% |
| Reduced | BANK AMERICA CORP (BAC) | 0.0% | 0.0% | 0.0 pts | −2,481 sh | −29% |
| Increased | MICROSOFT CORP (MSFT) | 0.0% | 0.0% | 0.0 pts | +217 sh | +11% |
| Increased | NVIDIA CORPORATION (NVDA) | 0.0% | 0.0% | 0.0 pts | +674 sh | +16% |
| Reduced | VANGUARD INDEX FDS (VOO) | 0.0% | 0.0% | 0.0 pts | −171 sh | −13% |
| Increased | CONSTELLATION ENERGY CORP (CEG) | 0.0% | 0.0% | 0.0 pts | +246 sh | +1230% |
| Reduced | AMERICAN INTL GROUP INC (AIG) | 0.0% | 0.0% | 0.0 pts | −818 sh | −61% |
| Reduced | UNITEDHEALTH GROUP INC (UNH) | 0.0% | 0.0% | 0.0 pts | −220 sh | −51% |
| Reduced | BROADCOM INC (AVGO) | 0.0% | 0.0% | 0.0 pts | −248 sh | −11% |
| Increased | CONSOLIDATED EDISON INC (ED) | 0.0% | 0.0% | 0.0 pts | +649 sh | +10817% |
| Reduced | CITIGROUP INC (C) | 0.0% | 0.0% | 0.0 pts | −704 sh | −49% |
| Reduced | ISHARES TR (MUB) | 0.0% | 0.0% | 0.0 pts | −517 sh | −88% |
| Increased | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 0.0% | 0.0% | 0.0 pts | +106 sh | +7% |
| Exited | UNITED STATES STL CORP NEW (X) | 0.0% | — | 0.0 pts | −1,100 sh | −100% |
| Increased | GOLDMAN SACHS GROUP INC (GS) | 0.0% | 0.0% | 0.0 pts | +69 sh | +230% |
| Increased | BOOKING HOLDINGS INC (BKNG) | 0.0% | 0.0% | 0.0 pts | +8 sh | +400% |
| Increased | MORGAN STANLEY (MS) | 0.0% | 0.0% | 0.0 pts | +327 sh | +155% |
| Reduced | INVESCO EXCH TRD SLF IDX FD (BSCP) | 0.0% | 0.0% | 0.0 pts | −2,201 sh | −21% |
| Increased | NETFLIX INC (NFLX) | 0.0% | 0.0% | 0.0 pts | +33 sh | +52% |
| Increased | CAPITAL ONE FINL CORP (COF) | 0.0% | 0.0% | 0.0 pts | +206 sh | +404% |
| Increased | WALMART INC (WMT) | 0.0% | 0.0% | 0.0 pts | +426 sh | +13% |
| Increased | VANGUARD SCOTTSDALE FDS (VONE) | 0.2% | 0.2% | 0.0 pts | +140 sh | +1% |
| Reduced | PUBLIC SVC ENTERPRISE GRP IN (PEG) | 0.0% | 0.0% | 0.0 pts | −462 sh | −49% |
| Reduced | MASTERCARD INCORPORATED (MA) | 0.0% | 0.0% | 0.0 pts | −66 sh | −17% |
| Increased | SERVICENOW INC (NOW) | 0.0% | 0.0% | 0.0 pts | +35 sh | +175% |
| Reduced | AMPHENOL CORP NEW (APH) | 0.0% | 0.0% | 0.0 pts | −354 sh | −27% |
| Increased | VISA INC (V) | 0.0% | 0.0% | 0.0 pts | +97 sh | +34% |
| Reduced | ORACLE CORP (ORCL) | 0.0% | 0.0% | 0.0 pts | −155 sh | −22% |
| Increased | TJX COS INC NEW (TJX) | 0.0% | 0.0% | 0.0 pts | +274 sh | +230% |
| Increased | EXELON CORP (EXC) | 0.0% | 0.0% | 0.0 pts | +773 sh | +148% |
| Increased | PFIZER INC (PFE) | 0.0% | 0.0% | 0.0 pts | +1,354 sh | +149% |
| Increased | AMERICAN EXPRESS CO (AXP) | 0.0% | 0.0% | 0.0 pts | +102 sh | +510% |
The 50 largest of 641 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- AMARIN CORP PLC (AMRN): 023111206 → 023111404, 100 → 5 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 94.7% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | VANGUARD BD INDEX FDS (BND) | 24.2% | 22.8% | |
| 2 | VANGUARD INDEX FDS (VUG) | 15.8% | 17.5% | |
| 3 | VANGUARD INTL EQUITY INDEX F (VEU) | 16.7% | 16.4% | |
| 4 | VANGUARD INDEX FDS (VTV) | 16.9% | 16.1% | |
| 5 | INVESCO QQQ TR (QQQ) | 9.4% | 10.3% | |
| 6 | VANGUARD INDEX FDS (VO) | 4.3% | 4.4% | |
| 7 | INVESCO EXCHANGE TRADED FD T (RSP) | 2.3% | 2.1% | |
| 8 | TRANSDIGM GROUP INC (TDG) | 2.0% | 2.0% | |
| 9 | ISHARES TR (IVV) | 1.4% | 1.6% | |
| 10 | VANGUARD INDEX FDS (VB) | 1.4% | 1.4% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).