Access Financial Services, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 18, 2025), Access Financial Services, Inc. reported 98 stock positions worth $264.6 million. Its top holding was PIMCO Ultra SHRT Govt Active (BILZ) at 14.5% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 14.3%) and Bondbloxx BBG 1 Dur US Treas (XONE, 8.5%). Compared with Q1 2025, it opened 10 new positions, sold out of 7, added to 32 and reduced 32. The biggest buy was Schwab Short-Term US Treas (SCHO, shares +2668%) and the biggest sale an exit from PIMCO Enhanced Low Duration (LDUR).

Most Recent 13F
Q2 2026
Location
MINNEAPOLIS, MN
CIK
0001699622
Portfolio Value
$264.6M (Q2 2025)
SEC Filing
0001085146-25-003978 ↗ filed Jul 18, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $223.7M Q1 2024 Q2 2024: $220.0M Q2 2024 Q3 2024: $218.0M Q3 2024 Q4 2024: $224.5M Q4 2024 Q1 2025: $248.6M Q1 2025 Q2 2025: $264.6M $264.6M Q2 2025 Q3 2025: $276.1M Q3 2025 Q4 2025: $274.7M Q4 2025 Q1 2026: $282.1M Q1 2026 Q2 2026: $305.0M Q2 2026

Holdings 98 stocks · $264.6M
BILZ PIMCO Ultra SHRT Govt Active 14.48% 378,510 $38.3M Add +26.3%
SCHX Schwab US Large-Cap ETF 14.26% 1,543,164 $37.7M Reduce -2.8%
XONE Bondbloxx BBG 1 Dur US Treas 8.53% 454,694 $22.6M Add +26.6%
DECW Alianzim US Eq BFR20 Dec-Usd 7.76% 649,506 $20.5M Reduce -14.3%
SCHO Schwab Short-Term US Treas 5.84% 633,783 $15.5M Add +2668.2%
FNDX Schwab Fndmntl US LRG Co. ETF 4.34% 467,924 $11.5M Reduce -2.4%
MSFT Microsoft Corp. 2.06% 10,955 $5.4M Reduce -0.2%
IVV iShares Core S&P 500 ETF 1.91% 8,131 $5.0M Add +1.5%
FNDE Schwab Fndmntl Em MRK Eq ETF 1.90% 151,920 $5.0M Reduce -1.1%
RSP Invesco S&P 500 Equal Weight 1.82% 26,451 $4.8M Reduce -5.5%
GOVT iShares US Treasury Bond ETF 1.77% 203,708 $4.7M Add +2.9%
FNDF Schwab Fndmn Intl LRG Co. ETF 1.60% 105,942 $4.2M Reduce -3.7%
IJUN Innov Intl Dev PB ETF - June 1.18% 112,635 $3.1M New
XLK SS Technology Select Sector 0.92% 9,594 $2.4M Reduce -3.5%
OEF iShares S&P 100 ETF 0.91% 7,915 $2.4M Add +6.6%
IXJ iShares Global Healthcare Et 0.82% 25,082 $2.2M Add +0.9%
TSLA Tesla Inc. 0.78% 6,495 $2.1M New
KO The Coca-Cola Co. 0.76% 28,275 $2.0M Reduce -0.6%
AAPL Apple Inc. 0.73% 9,420 $1.9M Reduce -0.3%
AMZN Amazon.com Inc. 0.73% 8,778 $1.9M Reduce -40.2%
XLV SS Health Care Select Sector 0.73% 14,263 $1.9M Reduce -3.5%
JPM JPMorgan Chase & Co. 0.73% 6,624 $1.9M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.72% 6,488 $1.9M No change
FTNT Fortinet Inc. 0.71% 17,768 $1.9M No change
CBOE Cboe Global Markets Inc. 0.69% 7,782 $1.8M Add +0.8%
RSPN Invesco S&P 500 Equal Weight 0.68% 33,365 $1.8M Reduce -4.1%
ARES Ares Management Corp. Class A 0.67% 10,244 $1.8M No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.67% 24,372 $1.8M Add +1.7%
PG The Procter & Gamble Co. 0.66% 10,889 $1.7M Add +0.6%
QCOM Qualcomm Inc. 0.65% 10,735 $1.7M Add +0.5%
LMT Lockheed Martin Corp. 0.64% 3,681 $1.7M No change
BRK.B Berkshire Hathaway Inc. Class B 0.63% 3,406 $1.7M No change
PAYX Paychex Inc. 0.60% 10,947 $1.6M Add +0.9%
WSO Watsco Inc. 0.59% 3,560 $1.6M Add +4.3%
VYM Vanguard High DVD Yield ETF 0.59% 11,762 $1.6M Reduce -1.2%
MRSH Marsh & McLennan Cos 0.58% 7,056 $1.5M Add +2.7%
RSG Republic Services Inc. 0.58% 6,170 $1.5M No change
BKR Baker Hughes Co. 0.57% 39,532 $1.5M Add +8.3%
APD Air Products & Chemicals Inc. 0.55% 5,190 $1.5M Add +2.7%
VLO Valero Energy Corp. 0.55% 10,774 $1.4M Add +0.4%
ABBV Abbvie Inc. 0.54% 7,704 $1.4M Add +3.9%
VTEB Vanguard Tax-Exempt Bond ETF 0.50% 26,950 $1.3M New
EOG EOG Resources Inc. 0.49% 10,902 $1.3M Add +0.5%
CVX Chevron Corp. 0.49% 8,985 $1.3M Add +2.3%
VTI VG Morningstar TS MKT ETF-US 0.48% 4,142 $1.3M Reduce -6.4%
GLD SPDR Gold Shares 0.47% 4,049 $1.2M Reduce -1.0%
SCHF Schwab Intl Equity ETF 0.45% 53,852 $1.2M No change
LOW Lowe's Cos Inc. 0.44% 5,280 $1.2M No change
AMGN Amgen Inc. 0.41% 3,925 $1.1M Add +3.6%
CLH Clean Harbors Inc. 0.40% 4,561 $1.1M Add +0.2%
IEFA iShares Core MSCI Eafe ETF 0.37% 11,657 $973K Add +2.0%
XOP SS SPDR S&P Og Exp & Prod 0.35% 7,382 $929K Reduce -5.0%
FBTC Fidelity Wise Origin Bitcoin 0.35% 9,833 $924K Add +2.4%
PWR Quanta Services Inc. 0.35% 2,444 $924K No change
RFI Cohen & Steers Tot Ret RLTY 0.35% 76,117 $918K No change
NXP Nuveen Select Tax-Free Inc. 0.31% 58,951 $828K Reduce -45.0%
IEF iShares 7-10 Year Treasury B 0.31% 8,548 $819K Add +53.7%
PPA Invesco Aerospace & Defense 0.30% 5,657 $802K Reduce -2.8%
XLC SS Comm Select Sector SPDR 0.30% 7,232 $785K Add +3.5%
KLAC KLA Corp. 0.26% 763 $683K New
JPST JPMorgan Ultra-Short Income 0.24% 12,776 $647K Add +1.1%
BBN BlackRock Taxable Muni BND 0.24% 39,313 $633K Reduce -5.9%
NUW Nuveen Amt-Free Muni Val 0.23% 45,190 $618K Add +5.7%
LRCX Lam Research Corp. 0.23% 6,301 $613K Reduce -53.8%
EOCT Innovator Emer MKT PWR Buff 0.23% 21,499 $608K New
FAST Fastenal Co. 0.22% 13,884 $583K Reduce -0.6%
WMT Walmart Inc. 0.21% 5,741 $561K Add +0.2%
GOOG Alphabet Inc. Class C 0.21% 3,103 $550K Add +5.6%
XHB SS SPDR S&P Homebldrs ETF 0.21% 5,544 $546K Reduce -3.2%
SGOV iShares 0-3 Month Treasury B 0.20% 5,283 $532K Add +23.7%
BND Vanguard Total Bond Market 0.20% 7,012 $516K Reduce -9.6%
VIG Vanguard Dividend Apprec ETF 0.19% 2,492 $510K Add +5.7%
SCHD Schwab US DVD Equity ETF 0.19% 19,158 $508K Reduce -11.6%
NVDA Nvidia Corp. 0.18% 3,050 $482K Reduce -9.7%
HD Home Depot Inc. 0.18% 1,284 $471K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.18% 905 $464K Reduce -2.2%
BIL SS SPDR BB 1-3M T-Bill ETF 0.16% 4,654 $427K New
ESGV Vanguard ESG US Stock ETF 0.16% 3,874 $425K No change
TDIV FT Nasdaq Tech DVD Index FD 0.16% 4,706 $424K No change
META Meta Platforms Inc. Class A 0.16% 568 $419K No change
SCHG Schwab US Large-Cap Growth 0.15% 13,936 $407K Reduce -3.8%
IBIT iShares Bitcoin Trust ETF 0.15% 6,625 $406K New
IXUS iShares Core Intl Stock ETF 0.15% 5,043 $390K Reduce -18.1%
XEL Xcel Energy Inc. 0.15% 5,719 $389K Reduce -3.7%
MINT PIMCO Enhanced Short Maturit 0.14% 3,697 $372K No change
SCHB Schwab US Broad Market ETF 0.13% 14,823 $353K Reduce -2.6%
MCD McDonald's Corp. 0.13% 1,141 $333K No change
VTIP Vanguard Short-Term Tips 0.12% 6,515 $328K New
CCIF Carlyle Credit Income Fund 0.12% 49,823 $323K No change
SLV iShares Silver Trust 0.12% 9,664 $317K No change
XLF SS Financial Select Sector 0.12% 5,995 $314K No change
DVY iShares Select Dividend ETF 0.12% 2,317 $308K No change
LLY Eli Lilly & Co. 0.11% 386 $301K No change
ETN Eaton Corp. PLC 0.11% 840 $300K New
GOOGL Alphabet Inc. Class A 0.11% 1,693 $298K No change
SCHA Schwab US Small-Cap ETF 0.10% 10,936 $277K Reduce -2.3%
IWF iShares Russell 1000 Growth 0.10% 632 $268K New
SCHZ Schwab US Aggregate Bond ETF 0.10% 11,430 $266K No change

Portfolio Sells Q1 2025 → Q2 2025
LDUR PIMCO Enhanced Low Duration Sold out 0.00% −4.80
LISTED FDS TR Sold out 0.00% −3.89
DECW Alianzim US Eq BFR20 Dec-Usd Reduce -14.3% 7.76% −1.38
DLR Digital Realty Trust Inc. Sold out 0.00% −0.52
SOXX iShares Semiconductor ETF Sold out 0.00% −0.45
AMZN Amazon.com Inc. Reduce -40.2% 0.73% −0.40
NXP Nuveen Select Tax-Free Inc. Reduce -45.0% 0.31% −0.31
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -2.4% 4.34% −0.21
LRCX Lam Research Corp. Reduce -53.8% 0.23% −0.17
NUV Nuveen Municipal Value Sold out 0.00% −0.15
XLV SS Health Care Select Sector Reduce -3.5% 0.73% −0.14
RSP Invesco S&P 500 Equal Weight Reduce -5.5% 1.82% −0.13
AAPL Apple Inc. Reduce -0.3% 0.73% −0.11
VOO Vanguard S&P 500 ETF Sold out 0.00% −0.10
MDT Medtronic PLC Sold out 0.00% −0.10
KO The Coca-Cola Co. Reduce -0.6% 0.76% −0.06
XOP SS SPDR S&P Og Exp & Prod Reduce -5.0% 0.35% −0.06
SCHD Schwab US DVD Equity ETF Reduce -11.6% 0.19% −0.05
BBN BlackRock Taxable Muni BND Reduce -5.9% 0.24% −0.04
BND Vanguard Total Bond Market Reduce -9.6% 0.20% −0.03
IXUS iShares Core Intl Stock ETF Reduce -18.1% 0.15% −0.03
VYM Vanguard High DVD Yield ETF Reduce -1.2% 0.59% −0.02
XEL Xcel Energy Inc. Reduce -3.7% 0.15% −0.02
XHB SS SPDR S&P Homebldrs ETF Reduce -3.2% 0.21% −0.02
VTI VG Morningstar TS MKT ETF-US Reduce -6.4% 0.48% −0.01
RSPN Invesco S&P 500 Equal Weight Reduce -4.1% 0.68% −0.01
GLD SPDR Gold Shares Reduce -1.0% 0.47% −0.01
FNDE Schwab Fndmntl Em MRK Eq ETF Reduce -1.1% 1.90% −0.01
SCHA Schwab US Small-Cap ETF Reduce -2.3% 0.10% −0.00
SCHB Schwab US Broad Market ETF Reduce -2.6% 0.13% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.2% 0.18% +0.00
FAST Fastenal Co. Reduce -0.6% 0.22% +0.00
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -3.7% 1.60% +0.00
SCHG Schwab US Large-Cap Growth Reduce -3.8% 0.15% +0.01
PPA Invesco Aerospace & Defense Reduce -2.8% 0.30% +0.03
NVDA Nvidia Corp. Reduce -9.7% 0.18% +0.03
XLK SS Technology Select Sector Reduce -3.5% 0.92% +0.09
SCHX Schwab US Large-Cap ETF Reduce -2.8% 14.26% +0.15
MSFT Microsoft Corp. Reduce -0.2% 2.06% +0.40

Portfolio Buys Q1 2025 → Q2 2025
SCHO Schwab Short-Term US Treas Add +2668.2% 5.84% +5.62
BILZ PIMCO Ultra SHRT Govt Active Add +26.3% 14.48% +2.28
XONE Bondbloxx BBG 1 Dur US Treas Add +26.6% 8.53% +1.34
IJUN Innov Intl Dev PB ETF - June New 1.18% +1.18
TSLA Tesla Inc. New 0.78% +0.78
VTEB Vanguard Tax-Exempt Bond ETF New 0.50% +0.50
KLAC KLA Corp. New 0.26% +0.26
EOCT Innovator Emer MKT PWR Buff New 0.23% +0.23
BIL SS SPDR BB 1-3M T-Bill ETF New 0.16% +0.16
IBIT iShares Bitcoin Trust ETF New 0.15% +0.15
VTIP Vanguard Short-Term Tips New 0.12% +0.12
ETN Eaton Corp. PLC New 0.11% +0.11
OEF iShares S&P 100 ETF Add +6.6% 0.91% +0.10
IWF iShares Russell 1000 Growth New 0.10% +0.10
IVV iShares Core S&P 500 ETF Add +1.5% 1.91% +0.10
IEF iShares 7-10 Year Treasury B Add +53.7% 0.31% +0.10
FBTC Fidelity Wise Origin Bitcoin Add +2.4% 0.35% +0.07
CLH Clean Harbors Inc. Add +0.2% 0.40% +0.04
SPYM Ste STR SPDR PT S&P 500 ETF Add +1.7% 0.67% +0.04
SGOV iShares 0-3 Month Treasury B Add +23.7% 0.20% +0.03
XLC SS Comm Select Sector SPDR Add +3.5% 0.30% +0.03
GOOG Alphabet Inc. Class C Add +5.6% 0.21% +0.02
IEFA iShares Core MSCI Eafe ETF Add +2.0% 0.37% +0.02
WMT Walmart Inc. Add +0.2% 0.21% +0.01
VIG Vanguard Dividend Apprec ETF Add +5.7% 0.19% +0.01
NUW Nuveen Amt-Free Muni Val Add +5.7% 0.23% −0.00
JPST JPMorgan Ultra-Short Income Add +1.1% 0.24% −0.01
QCOM Qualcomm Inc. Add +0.5% 0.65% −0.01
CBOE Cboe Global Markets Inc. Add +0.8% 0.69% −0.02
VLO Valero Energy Corp. Add +0.4% 0.55% −0.02
APD Air Products & Chemicals Inc. Add +2.7% 0.55% −0.05
AMGN Amgen Inc. Add +3.6% 0.41% −0.06
GOVT iShares US Treasury Bond ETF Add +2.9% 1.77% −0.06
EOG EOG Resources Inc. Add +0.5% 0.49% −0.07
PAYX Paychex Inc. Add +0.9% 0.60% −0.07
BKR Baker Hughes Co. Add +8.3% 0.57% −0.07
ABBV Abbvie Inc. Add +3.9% 0.54% −0.08
PG The Procter & Gamble Co. Add +0.6% 0.66% −0.09
MRSH Marsh & McLennan Cos Add +2.7% 0.58% −0.09
IXJ iShares Global Healthcare Et Add +0.9% 0.82% −0.10
WSO Watsco Inc. Add +4.3% 0.59% −0.10
CVX Chevron Corp. Add +2.3% 0.49% −0.10

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 103$305.0MSCHX, SCHO, XONE, BILZ, FNDX
Q1 2026 95$282.1MSCHX, SCHO, BILZ, XONE, FNDX
Q4 2025 100$274.7MSCHX, SCHO, XONE, BILZ, OCTW
Q3 2025 101$276.1MSCHX, SCHO, XONE, AUGW, BILZ
Q2 2025 98$264.6MBILZ, SCHX, XONE, DECW, SCHO
Q1 2025 95$248.6MSCHX, BILZ, DECW, XONE, LDUR
Q4 2024 104$224.5MSCHX, BILZ, LDUR, LISTED FDS TR, DECW
Q3 2024 100$218.0MSCHX, GOVT, LISTED FDS TR, LDUR, AUGT
Q2 2024 97$220.0MSCHX, LISTED FDS TR, GOVT, LDUR, FNDX
Q1 2024 94$223.7MSCHX, LISTED FDS TR, GOVT, LDUR, APG