Avantax Advisory Services, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Avantax Advisory Services, Inc. reported 2,354 stock positions worth $18.2 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 6.3% of the portfolio, followed by Vanguard Russell 1000 Growth (VONG, 6.1%) and iShares Core U.S. Aggregate (AGG, 5.1%). Compared with Q1 2025, it opened 226 new positions, sold out of 95, added to 1,268 and reduced 821. The biggest buy was Nvidia (NVDA, shares +6%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2025
Location
DALLAS, TX
CIK
0001303042
Portfolio Value
$18.2B (Q2 2025)
SEC Filing
0001085146-25-004753 ↗ filed Aug 8, 2025

Holdings Value

0$5.0B$10.0B$15.0B$20.0B Q1 2024: $11.3B Q1 2024 Q2 2024: $14.0B Q2 2024 Q3 2024: $15.2B Q3 2024 Q4 2024: $15.9B Q4 2024 Q1 2025: $16.5B Q1 2025 Q2 2025: $18.2B $18.2B Q2 2025

Holdings 2,354 stocks · $18.2B

IVV iShares Core S&P 500 ETF 6.29% 1,842,537 $1.1B Reduce -1.3%
VONG Vanguard Russell 1000 Growth 6.08% 10,133,619 $1.1B Reduce -2.5%
AGG iShares Core U.S. Aggregate 5.05% 9,265,056 $919.1M Add +0.3%
SCHD Schwab US DVD Equity ETF 4.14% 28,436,927 $753.6M Add +2.9%
VTV Vanguard Mrngstr Val ETF-Aui 3.21% 3,301,015 $583.4M Reduce -0.0%
IEFA iShares Core MSCI Eafe ETF 3.02% 6,585,558 $549.8M Reduce -0.1%
VUG Vanguard Mrngstar GR ETF-Sui 1.63% 676,316 $296.5M Add +0.4%
NVDA Nvidia Corp. 1.62% 1,862,277 $294.2M Add +5.7%
QQQ Invesco QQQ Trust Series 1 1.48% 489,209 $269.9M Add +4.2%
SPY SS SPDR S&P 500 ETF Trust-US 1.47% 433,504 $267.8M Add +5.4%
MSFT Microsoft Corp. 1.42% 519,005 $258.2M Add +6.2%
AAPL Apple Inc. 1.40% 1,239,536 $254.3M Reduce -1.0%
IWM iShares Russell 2000 ETF 1.09% 916,552 $197.8M Add +1.8%
AMZN Amazon.com Inc. 0.93% 771,600 $169.3M Add +5.6%
SCHG Schwab US Large-Cap Growth 0.88% 5,466,642 $159.7M Add +8.3%
IWF iShares Russell 1000 Growth 0.71% 305,748 $129.8M Add +3.4%
IEMG iShares Core MSCI Emerging 0.71% 2,145,093 $128.8M Add +4.9%
IVE iShares S&P 500 Value ETF 0.60% 560,577 $109.5M Add +3.4%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.60% 4,113,903 $109.3M Add +2.5%
VOO Vanguard S&P 500 ETF 0.60% 191,870 $109.0M Add +2.6%
COWZ Pacer US Cash Cows 100 ETF 0.59% 1,932,701 $106.5M Reduce -23.4%
IJR iShares Core S&P Small-Cap E 0.59% 974,377 $106.5M Add +5.4%
IVW iShares S&P 500 Growth ETF 0.58% 958,227 $105.5M Reduce -2.9%
BRK.B Berkshire Hathaway Inc. Class B 0.57% 214,602 $104.2M Add +6.0%
MUB iShares National Muni Bond E 0.54% 943,092 $98.5M Reduce -12.6%
IWR iShares Russell Mid-Cap ETF 0.53% 1,054,593 $97.0M Add +3.7%
JPM JPMorgan Chase & Co. 0.52% 328,596 $95.3M Add +1.6%
META Meta Platforms Inc. Class A 0.52% 128,906 $95.1M Add +6.6%
VTI VG Morningstar TS MKT ETF-US 0.47% 282,434 $85.8M Add +5.6%
VNQ Vanguard Real Estate ETF 0.46% 936,792 $83.4M Add +2.5%
XOM Exxon Mobil Corp. 0.45% 760,847 $82.0M Add +0.4%
VB Vanguard Most SM-Cap ETF-Usd 0.43% 333,977 $79.1M Reduce -2.4%
AVGO Broadcom Inc. 0.43% 284,839 $78.5M Add +9.2%
MOAT Vaneck Morningstar Wide Moat 0.40% 774,216 $72.6M Reduce -5.4%
VOOV Vanguard S&P 500 Value ETF 0.39% 377,023 $71.1M Add +1.1%
WMT Walmart Inc. 0.38% 715,450 $70.0M Add +1.1%
JEPI JPMorgan Equity Premium Inco 0.38% 1,219,339 $69.3M Add +2.2%
GOOGL Alphabet Inc. Class A 0.36% 373,850 $65.9M Add +5.3%
VEA Vanguard Ftse Developed ETF 0.35% 1,122,532 $64.0M Add +5.6%
V Visa Inc. Class A 0.35% 178,702 $63.4M Reduce -8.3%
JPST JPMorgan Ultra-Short Income 0.34% 1,203,845 $61.0M Add +34.7%
QQQM Invesco Nasdaq 100 ETF 0.33% 265,759 $60.4M Add +8.8%
GOOG Alphabet Inc. Class C 0.32% 332,625 $59.0M Add +1.1%
TSLA Tesla Inc. 0.32% 183,083 $58.2M Add +10.9%
IYW iShares Ustechnology ETF 0.31% 327,678 $56.8M Add +0.1%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.31% 1,029,437 $56.0M Add +6.2%
IWY iShares Russell Top 200 Grow 0.31% 226,275 $55.8M Reduce -2.0%
DFSV Dimensional US Small Cap Val 0.31% 1,888,085 $55.6M Reduce -11.0%
DFLV Dim US Large Cap Value ETF 0.30% 1,773,795 $55.0M Add +2.7%
PLTR Palantir Technologies Inc. Class A 0.30% 398,700 $54.4M Add +23.0%
SCZ iShares MSCI Eafe Small-Cap 0.30% 741,134 $53.9M Add +2.3%
SCHV Schwab US Large-Cap Value 0.28% 1,815,693 $50.2M Add +3.2%
QUAL iShares MSCI USA Quality Fac 0.26% 263,620 $48.2M Add +4.0%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.26% 1,024,270 $47.4M Reduce -1.1%
VWO Vanguard Ftse Emerging Marke 0.26% 949,158 $46.9M Add +24.1%
JMUB JPMorgan Municipal ETF 0.24% 897,843 $44.6M Add +2438.3%
RSP Invesco S&P 500 Equal Weight 0.24% 244,644 $44.5M Add +2.1%
DSTL Distillate US Fundamental St 0.24% 801,110 $44.3M Add +3.7%
CVX Chevron Corp. 0.24% 306,855 $43.9M Add +18.3%
LLY Eli Lilly & Co. 0.24% 56,224 $43.8M Reduce -0.1%
DFAE Dimensional Emerging Core Eq 0.24% 1,506,344 $43.6M Add +115.9%
IMCG iShares Morningstar Mid-Cap 0.24% 541,319 $43.4M Reduce -0.9%
PULS Pgim Ultra Short Bond ETF 0.24% 863,066 $42.9M Add +9.0%
COST Costco Wholesale Corp. 0.23% 42,784 $42.4M Reduce -6.8%
VGT Vanguard Info Tech ETF 0.23% 63,431 $42.1M Reduce -3.1%
VYM Vanguard High DVD Yield ETF 0.23% 314,722 $42.0M Add +6.1%
EFG iShares MSCI Eafe Growth ETF 0.23% 374,190 $41.9M Add +2.4%
GLD SPDR Gold Shares 0.23% 137,441 $41.9M Add +3.5%
ABBV Abbvie Inc. 0.23% 222,399 $41.3M Add +1.1%
DGRW Wisdomtree U.S. Quality Divi 0.22% 487,073 $40.8M Add +7.0%
IJH iShares Core S&P Midcap ETF 0.22% 640,753 $39.7M Reduce -0.3%
SCHF Schwab Intl Equity ETF 0.22% 1,781,173 $39.4M Add +1.5%
IOO iShares Global 100 ETF 0.21% 362,722 $39.1M Reduce -5.3%
OUSM Alps Oshares US Small-Cap Qu 0.21% 902,661 $39.0M Add +9.4%
FBND Fidelity Total Bond ETF 0.21% 838,606 $38.4M Add +16.5%
VIG Vanguard Dividend Apprec ETF 0.21% 185,215 $37.9M Add +4.0%
ILCG iShares Morningstar Growth E 0.20% 383,000 $37.1M Add +2.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.20% 129,743 $36.3M Add +9.4%
NFLX Netflix Inc. 0.20% 27,030 $36.2M Add +6.9%
HD Home Depot Inc. 0.20% 98,439 $36.1M Reduce -4.9%
PG The Procter & Gamble Co. 0.20% 224,479 $35.8M Reduce -9.6%
JHMM John Hancock Multi Fact Mid 0.19% 579,175 $35.4M Reduce -2.1%
BSV Vanguard Short-Term Bond ETF 0.19% 435,969 $34.3M Reduce -3.8%
RDVY First Trust Rising Dividend 0.19% 545,836 $34.2M Reduce -5.6%
MCD McDonald's Corp. 0.18% 114,866 $33.6M Add +5.2%
JNJ Johnson & Johnson 0.18% 216,409 $33.1M Add +1.4%
EFV iShares MSCI Eafe Value ETF 0.18% 520,069 $33.0M Add +31.0%
TSM Taiwan Semiconductor-SP ADR 0.18% 145,264 $32.9M Add +1.1%
VZ Verizon Communications Inc. 0.18% 751,808 $32.5M Add +6.6%
IUSG iShares Core S&P U.S. Growth 0.17% 209,690 $31.5M Reduce -1.2%
XMHQ Invesco S&P Midcap Qual ETF 0.17% 316,369 $31.1M Add +7.0%
IWV iShares Russell 3000 ETF 0.17% 87,409 $30.7M Reduce -0.2%
DYNF Ishrs US E F R A ETF-Usd Inc. 0.17% 562,647 $30.6M Reduce -1.7%
BIL SS SPDR BB 1-3M T-Bill ETF 0.17% 332,526 $30.5M Reduce -10.3%
SPHQ Invesco S&P 500 Quality ETF 0.17% 427,025 $30.4M Add +9.4%
IUSV iShares Core S&P U.S. Value 0.16% 317,175 $30.0M Add +1.9%
NOBL Proshares S&P 500 Dividend A 0.16% 295,547 $29.8M Reduce -4.7%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.16% 746,269 $29.5M Reduce -23.5%
BOND PIMCO Active Bond Exchange-T 0.16% 317,898 $29.3M Add +20.9%
CSCO Cisco Systems Inc. 0.16% 420,336 $29.2M Add +1.1%

Show all 2,354 holdings

Other holdings (5): bonds, preferreds, convertibles and warrants · $1.1M (not counted above)
SecurityClassShares / PrincipalValueChange
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D 5,457$292KNew
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 6,022$284KAdd +28.9%
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 206$242KNo change
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 3,450$235KReduce -12.9%
AMPX.WS Amprius Technologies Inc. *W EXP 09/14/202 10,000$5KNo change

Total filed on the 13F, all lines: $18.2B.

Portfolio Sells Q1 2025 → Q2 2025

AAPL Apple Inc. Reduce -1.0% 1.40% −0.29
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.0% 3.21% −0.26
COWZ Pacer US Cash Cows 100 ETF Reduce -23.4% 0.59% −0.25
FMB First Trust Managed Municipa Reduce -79.2% 0.04% −0.15
MUB iShares National Muni Bond E Reduce -12.6% 0.54% −0.15
IVV iShares Core S&P 500 ETF Reduce -1.3% 6.29% −0.08
V Visa Inc. Class A Reduce -8.3% 0.35% −0.07
PG The Procter & Gamble Co. Reduce -9.6% 0.20% −0.06
TMO Thermo Fisher Scientific Inc. Reduce -36.0% 0.05% −0.06
DFSV Dimensional US Small Cap Val Reduce -11.0% 0.31% −0.06
EMXC iShares MSCI Emr MRK Ex Chna Reduce -77.5% 0.02% −0.05
CGDV Cap Group Dividend Value Reduce -23.5% 0.16% −0.05
PFF iShares Preferred & Income S Reduce -56.4% 0.03% −0.05
COP Conocophillips Reduce -27.4% 0.06% −0.05
SH Proshares Short S&P500 Sold out 0.00% −0.05
CALF PCR US SM CP CSH CWS ETF-Usd Reduce -17.7% 0.16% −0.04
LLY Eli Lilly & Co. Reduce -0.1% 0.24% −0.04
AMGN Amgen Inc. Reduce -3.9% 0.14% −0.04
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -10.3% 0.17% −0.04
MOAT Vaneck Morningstar Wide Moat Reduce -5.4% 0.40% −0.04
FTCS First Trust Capital Strength Reduce -20.6% 0.10% −0.04
HEFA Isha Curr Hedged MSCI Eafe Reduce -22.7% 0.10% −0.04
XLE SS Energy Select Sector Reduce -1.4% 0.15% −0.04
VFH Vanguard Financials ETF Reduce -28.9% 0.07% −0.03
HD Home Depot Inc. Reduce -4.9% 0.20% −0.03
BMY Bristol-Myers Squibb Co. Reduce -6.8% 0.06% −0.03
COST Costco Wholesale Corp. Reduce -6.8% 0.23% −0.03
LYB Lyondellbasell Indu Class A Reduce -67.0% 0.01% −0.03
IUSB Ishr CR Unvrse Usd BD ETF-Ui Reduce -1.1% 0.26% −0.03
NOBL Proshares S&P 500 Dividend A Reduce -4.7% 0.16% −0.03
EMB iShares JP Morgan Usd Emergi Reduce -31.8% 0.05% −0.03
FVD First Trust Value Line DVD Reduce -11.9% 0.11% −0.03
BSV Vanguard Short-Term Bond ETF Reduce -3.8% 0.19% −0.03
ACN Accenture PLC Class A Reduce -11.5% 0.09% −0.03
VB Vanguard Most SM-Cap ETF-Usd Reduce -2.4% 0.43% −0.03
FIXD First Trust Smith Opportunis Reduce -18.0% 0.07% −0.02
VCR Vanguard Consumer Discre ETF Reduce -64.7% 0.01% −0.02
VTEB Vanguard Tax-Exempt Bond ETF Reduce -39.6% 0.03% −0.02
CB Chubb Ltd. Reduce -6.3% 0.10% −0.02
GDX Vaneck Gold Miners ETF Reduce -49.0% 0.02% −0.02
OKE Oneok Inc. Reduce -19.1% 0.03% −0.02
XSVM Invesco S&P Smallcap Value W Reduce -18.2% 0.07% −0.02
GBTC Grayscale Bitcoin Trust ETF Reduce -75.8% 0.01% −0.02
MGV Vngrd Mrgstr MG CP VL ETF-Ui Reduce -5.5% 0.13% −0.02
T AT&T Inc. Reduce -4.9% 0.14% −0.02
FDL First Trust Morn DVD Lead Inc. Reduce -30.1% 0.03% −0.02
VHT Vanguard Health Care ETF Reduce -0.5% 0.10% −0.02
TLT iShares 20+ Year Treasury BD Reduce -2.7% 0.10% −0.02
RDVY First Trust Rising Dividend Reduce -5.6% 0.19% −0.02
ONEV SS SPDR R1000 Lo Vol Foc ETF Reduce -13.9% 0.07% −0.02

Portfolio Buys Q1 2025 → Q2 2025

NVDA Nvidia Corp. Add +5.7% 1.62% +0.46
MSFT Microsoft Corp. Add +6.2% 1.42% +0.31
JMUB JPMorgan Municipal ETF Add +2438.3% 0.24% +0.23
AVGO Broadcom Inc. Add +9.2% 0.43% +0.17
QQQ Invesco QQQ Trust Series 1 Add +4.2% 1.48% +0.15
PLTR Palantir Technologies Inc. Class A Add +23.0% 0.30% +0.13
DFAE Dimensional Emerging Core Eq Add +115.9% 0.24% +0.13
VUG Vanguard Mrngstar GR ETF-Sui Add +0.4% 1.63% +0.11
SCHG Schwab US Large-Cap Growth Add +8.3% 0.88% +0.11
META Meta Platforms Inc. Class A Add +6.6% 0.52% +0.10
AMZN Amazon.com Inc. Add +5.6% 0.93% +0.09
SPY SS SPDR S&P 500 ETF Trust-US Add +5.4% 1.47% +0.08
IWF iShares Russell 1000 Growth Add +3.4% 0.71% +0.07
JPST JPMorgan Ultra-Short Income Add +34.7% 0.34% +0.06
TSLA Tesla Inc. Add +10.9% 0.32% +0.06
XLC SS Comm Select Sector SPDR Add +466.6% 0.07% +0.06
THRO iShares U.S. Thematic Rotati Add +731.0% 0.06% +0.06
NFLX Netflix Inc. Add +6.9% 0.20% +0.06
PVAL Putnam Focused LRG Cap Value Add +114.9% 0.11% +0.05
BUFR FT Vest Lad Buffervetf-Usd I Add +68.5% 0.13% +0.05
JIRE JPMorgan Int Res Enh Eqty Add +1495.9% 0.05% +0.05
ORCL Oracle Corp. Add +5.9% 0.15% +0.05
IBIT iShares Bitcoin Trust ETF Add +215.2% 0.07% +0.05
VWO Vanguard Ftse Emerging Marke Add +24.1% 0.26% +0.05
QQQM Invesco Nasdaq 100 ETF Add +8.8% 0.33% +0.05
IAGG iShares Intl Aggregate Bond New 0.04% +0.04
MCHP Microchip Technology Inc. Add +122.3% 0.07% +0.04
CGGR Cap Group Growth Equity Add +37.7% 0.13% +0.04
JPM JPMorgan Chase & Co. Add +1.6% 0.52% +0.04
CGDG Cap Group Dividend Growers Add +274.5% 0.05% +0.04
EFV iShares MSCI Eafe Value ETF Add +31.0% 0.18% +0.04
IEMG iShares Core MSCI Emerging Add +4.9% 0.71% +0.04
HCA HCA Healthcare Inc. Add +223.0% 0.05% +0.04
TSM Taiwan Semiconductor-SP ADR Add +1.1% 0.18% +0.04
IYW iShares Ustechnology ETF Add +0.1% 0.31% +0.03
CGNG Cap Group New Geography Eq Add +323.0% 0.04% +0.03
FELG Fidelity Enh LRG Cap GWTH Add +124.0% 0.06% +0.03
ETN Eaton Corp. PLC Add +17.9% 0.11% +0.03
SPMO Invesco S&P 500 Momentum ETF Add +66.0% 0.07% +0.03
GOOGL Alphabet Inc. Class A Add +5.3% 0.36% +0.03
CGGO Cap Group Global Growth Add +70.9% 0.07% +0.03
RECS Columbia Resear Enh Cor ETF Add +173.5% 0.04% +0.03
FBCG Fidelity Blue Chip Grow ETF Add +21.2% 0.11% +0.03
VTI VG Morningstar TS MKT ETF-US Add +5.6% 0.47% +0.03
MSTR Strategy Inc. Add +2.7% 0.11% +0.03
CRWD CrowdStrike Holdings Inc. Class A Add +40.7% 0.06% +0.03
IEF iShares 7-10 Year Treasury B Add +40.5% 0.12% +0.03
OEF iShares S&P 100 ETF Add +21.5% 0.13% +0.02
XLU St Sr Utl SL SE SPDR ETF-Usd Add +37.1% 0.11% +0.02
INTU Intuit Inc. Add +7.5% 0.12% +0.02

Notes & Other Activity Q1 2025 → Q2 2025

KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D New 5,457 $292K
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 Add +28.9% 6,022 $284K
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A Reduce -12.9% 3,450 $235K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2025 2,354$18.2BIVV, VONG, AGG, SCHD, VTV
Q1 2025 2,223$16.5BIVV, VONG, AGG, SCHD, VTV
Q4 2024 2,176$15.9BVONG, IVV, AGG, SCHD, VTV
Q3 2024 2,117$15.2BIVV, VONG, AGG, SCHD, VTV
Q2 2024 2,070$14.0BVONG, IVV, SCHD, BSV, IEFA
Q1 2024 1,638$11.3BVONG, IVV, SCHD, IEFA, BSV