CBIZ Investment Advisory Services, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed June 3, 2025), CBIZ Investment Advisory Services, LLC reported 616 stock positions worth $2.0 billion. Its top holding was Vanguard Total Bond Market (BND) at 24.2% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 16.9%) and Vanguard Ftse All-World Ex-U (VEU, 16.7%). Compared with Q4 2024, it opened 160 new positions, sold out of 19, added to 209 and reduced 96. The biggest buy was Vanguard Total Bond Market (BND, shares +7%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- INDEPENDENCE, OH
- CIK
- 0001795934
- Portfolio Value
- $2.0B (Q1 2025)
- SEC Filing
- 0001795934-25-000004 ↗ filed Jun 3, 2025
Holdings Value
Holdings 616 stocks · $2.0B
| BND Vanguard Total Bond Market | 24.22% | 6,734,159 | $494.6M | Add +7.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 16.94% | 2,002,853 | $346.0M | Add +1.7% |
| VEU Vanguard Ftse All-World Ex-U | 16.72% | 5,626,970 | $341.3M | Add +1.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 15.77% | 868,218 | $322.0M | Add +1.3% |
| QQQ Invesco QQQ Trust Series 1 | 9.40% | 409,205 | $191.9M | Add +3.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 4.31% | 339,937 | $87.9M | Add +2.2% |
| RSP Invesco S&P 500 Equal Weight | 2.26% | 266,519 | $46.2M | Reduce -0.0% |
| TDG Transdigm Group Inc. | 1.99% | 29,345 | $40.6M | Reduce -0.8% |
| IVV iShares Core S&P 500 ETF | 1.38% | 50,030 | $28.1M | Add +55.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.37% | 126,578 | $28.1M | Add +0.5% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 1.33% | 343,853 | $27.1M | Add +10.8% |
| VCIT Vanguard Int-Term Corporate | 1.27% | 316,999 | $25.9M | Add +4.7% |
| VEA Vanguard Ftse Developed ETF | 0.48% | 191,316 | $9.7M | Add +1.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.35% | 25,795 | $7.1M | Reduce -60.8% |
| VONE Vanguard Russell 1000 | 0.23% | 18,901 | $4.8M | No change |
| AAPL Apple Inc. | 0.19% | 17,759 | $3.9M | Add +4.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.15% | 55,992 | $3.1M | Add +0.7% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.13% | 16,027 | $2.6M | No change |
| IJH iShares Core S&P Midcap ETF | 0.10% | 35,527 | $2.1M | Reduce -0.3% |
| VONV Vanguard Russell 1000 Value | 0.08% | 20,983 | $1.7M | Reduce -68.6% |
| MTUM iShares MSCI USA Momentum Fa | 0.07% | 7,194 | $1.5M | No change |
| DVY iShares Select Dividend ETF | 0.06% | 9,400 | $1.3M | Reduce -7.0% |
| IWF iShares Russell 1000 Growth | 0.05% | 3,029 | $1.1M | Reduce -2.4% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.04% | 8,402 | $913K | Reduce -1.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.04% | 1,619 | $862K | Add +7.4% |
| MSFT Microsoft Corp. | 0.04% | 2,017 | $757K | Add +32.7% |
| AMZN Amazon.com Inc. | 0.03% | 3,710 | $706K | Add +22.6% |
| VOO Vanguard S&P 500 ETF | 0.03% | 1,291 | $663K | No change |
| EFA iShares MSCI Eafe ETF | 0.02% | 6,174 | $505K | No change |
| IJR iShares Core S&P Small-Cap E | 0.02% | 4,741 | $496K | Reduce -5.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.02% | 6,425 | $486K | Reduce -12.0% |
| GOOGL Alphabet Inc. Class A | 0.02% | 3,089 | $478K | Add +28.3% |
| NVDA Nvidia Corp. | 0.02% | 4,212 | $457K | Add +51.5% |
| LLY Eli Lilly & Co. | 0.02% | 548 | $453K | Add +14.2% |
| BSV Vanguard Short-Term Bond ETF | 0.02% | 5,081 | $398K | Reduce -26.5% |
| AVGO Broadcom Inc. | 0.02% | 2,336 | $391K | Add +25.7% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.02% | 8,448 | $387K | Add +0.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.02% | 8,508 | $355K | Add +10.8% |
| JPM JPMorgan Chase & Co. | 0.02% | 1,366 | $335K | Add +9.2% |
| CBZ Cbiz Inc. | 0.02% | 4,389 | $333K | No change |
| BSX Boston Scientific Corp. | 0.02% | 3,076 | $310K | Reduce -0.1% |
| WMT Walmart Inc. | 0.01% | 3,209 | $282K | Add +9.4% |
| SDY SS SPDR S&P Dividend ETF | 0.01% | 1,980 | $269K | No change |
| TSLA Tesla Inc. | 0.01% | 1,024 | $265K | Add +147.3% |
| VNQ Vanguard Real Estate ETF | 0.01% | 2,857 | $259K | Add +0.7% |
| PKBK Parke Bancorp Inc. | 0.01% | 12,567 | $237K | No change |
| UNH Unitedhealth Group Inc. | 0.01% | 430 | $225K | Reduce -7.1% |
| ADBE Adobe Inc. | 0.01% | 578 | $222K | Add +8.7% |
| META Meta Platforms Inc. Class A | 0.01% | 383 | $221K | Add +108.2% |
| BSCP Invesco Bulletshares 2025 CB | 0.01% | 10,532 | $218K | Add +0.4% |
| MA Mastercard Inc. Class A | 0.01% | 386 | $211K | Add +14.9% |
| ABBV Abbvie Inc. | 0.01% | 1,006 | $211K | Add +8.5% |
| ETN Eaton Corp. PLC | 0.01% | 727 | $198K | Add +1.1% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 0.01% | 3,072 | $173K | No change |
| PRF Invesco Rafi US 1000 ETF | 0.01% | 4,110 | $166K | No change |
| COST Costco Wholesale Corp. | 0.01% | 173 | $163K | Add +30.1% |
| CVX Chevron Corp. | 0.01% | 914 | $153K | Reduce -22.8% |
| VWO Vanguard Ftse Emerging Marke | 0.01% | 3,192 | $144K | No change |
| XOM Exxon Mobil Corp. | 0.01% | 1,094 | $130K | Add +15.0% |
| SAP Sap SE-Sponsored ADR | 0.01% | 480 | $129K | No change |
| HD Home Depot Inc. | 0.01% | 344 | $126K | Add +17.4% |
| SCHX Schwab US Large-Cap ETF | 0.01% | 5,472 | $121K | No change |
| KMPR Kemper Corp. | 0.01% | 1,805 | $121K | No change |
| AIG American International Group | 0.01% | 1,345 | $117K | Reduce -1.0% |
| VGT Vanguard Info Tech ETF | 0.01% | 210 | $114K | Add +0.5% |
| VZ Verizon Communications Inc. | 0.01% | 2,504 | $114K | Add +7.4% |
| RTX RTX Corp. | 0.01% | 857 | $114K | Add +23.1% |
| IUSV iShares Core S&P U.S. Value | 0.01% | 1,229 | $113K | No change |
| HON Honeywell International Inc. | 0.01% | 534 | $113K | Reduce -24.8% |
| MCD McDonald's Corp. | 0.01% | 361 | $113K | Reduce -17.0% |
| T AT&T Inc. | 0.01% | 3,982 | $113K | Add +12.6% |
| KO The Coca-Cola Co. | 0.01% | 1,553 | $112K | Add +23.2% |
| VDE Vanguard Energy ETF | 0.01% | 828 | $107K | Reduce -13.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.01% | 1,058 | $104K | Add +15.3% |
| JNJ Johnson & Johnson | 0.01% | 627 | $104K | Add +75.1% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.01% | 4,362 | $103K | No change |
| C Citigroup Inc. | 0.01% | 1,435 | $102K | Add +6.1% |
| ORCL Oracle Corp. | 0.00% | 720 | $101K | Add +19.8% |
| V Visa Inc. Class A | 0.00% | 283 | $99K | Add +159.6% |
| ITW Illinois Tool Works | 0.00% | 390 | $97K | Add +2.1% |
| RSG Republic Services Inc. | 0.00% | 402 | $97K | Add +0.5% |
| TMUS T-Mobile US Inc. | 0.00% | 354 | $94K | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.00% | 167 | $94K | Reduce -71.9% |
| XLK SS Technology Select Sector | 0.00% | 430 | $89K | New |
| APH Amphenol Corp. Class A | 0.00% | 1,324 | $87K | Add +13.8% |
| LRCX Lam Research Corp. | 0.00% | 1,110 | $81K | Reduce -14.3% |
| BSCR Invesco Bulletshares 2027 CB | 0.00% | 4,090 | $80K | Add +1.0% |
| BSCQ Invesco Bulletshares 2026 CB | 0.00% | 4,093 | $80K | Add +1.0% |
| VTIP Vanguard Short-Term Tips | 0.00% | 1,561 | $78K | Reduce -37.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.00% | 313 | $78K | Add +51.9% |
| PEP Pepsico Inc. | 0.00% | 517 | $78K | Add +22.2% |
| PEG Public Service Enterprise GP | 0.00% | 940 | $77K | Reduce -3.5% |
| LMT Lockheed Martin Corp. | 0.00% | 169 | $76K | Add +7.0% |
| GLD SPDR Gold Shares | 0.00% | 250 | $72K | No change |
| AMD Advanced Micro Devices | 0.00% | 693 | $71K | Add +7.4% |
| VXUS Vanguard Total Intl Stock | 0.00% | 1,129 | $70K | Reduce -5.4% |
| CMCSA Comcast Corp. Class A | 0.00% | 1,892 | $70K | Add +45.5% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.00% | 2,490 | $68K | No change |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.00% | 1,790 | $68K | No change |
| MUB iShares National Muni Bond E | 0.00% | 590 | $62K | Add +0.5% |
Lines left out (3) · $70 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| GPC Genuine Parts Co. | COM | 0 | $56 |
| CDW CDW Corp. | COM | 0 | $13 |
| ETJ Eaton Vance RSK-MGD Divers | COM | 0 | $1 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $2.0B.
Portfolio Sells Q4 2024 → Q1 2025
| VTI VG Morningstar TS MKT ETF-US | Reduce -60.8% | 0.35% | −0.60 |
| VONV Vanguard Russell 1000 Value | Reduce -68.6% | 0.08% | −0.19 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.0% | 2.26% | −0.07 |
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -71.9% | 0.00% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.3% | 0.10% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -2.4% | 0.05% | −0.01 |
| BSV Vanguard Short-Term Bond ETF | Reduce -26.5% | 0.02% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -5.2% | 0.02% | −0.00 |
| DVY iShares Select Dividend ETF | Reduce -7.0% | 0.06% | −0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -96.8% | 0.00% | −0.00 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.00 |
| HON Honeywell International Inc. | Reduce -24.8% | 0.01% | −0.00 |
| RWO State Street SPDR Dow Jones | Reduce -75.3% | 0.00% | −0.00 |
| VTIP Vanguard Short-Term Tips | Reduce -37.2% | 0.00% | −0.00 |
| SRPT Sarepta Therapeutics Inc. | Reduce -14.8% | 0.00% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -12.0% | 0.02% | −0.00 |
| EOG EOG Resources Inc. | Reduce -85.6% | 0.00% | −0.00 |
| CVX Chevron Corp. | Reduce -22.8% | 0.01% | −0.00 |
| HUBS HubSpot Inc. | Reduce -45.6% | 0.00% | −0.00 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -92.8% | 0.00% | −0.00 |
| CME Cme Group Inc. | Reduce -31.1% | 0.00% | −0.00 |
| EMB iShares JP Morgan Usd Emergi | Sold out | 0.00% | −0.00 |
| ARTY iShares Future AI & Tech ETF | Sold out | 0.00% | −0.00 |
| LHX L3HARRIS Technologies Inc. | Reduce -91.3% | 0.00% | −0.00 |
| LVS Las Vegas Sands Corp. | Reduce -71.9% | 0.00% | −0.00 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -1.7% | 0.04% | −0.00 |
| MCD McDonald's Corp. | Reduce -17.0% | 0.01% | −0.00 |
| LRCX Lam Research Corp. | Reduce -14.3% | 0.00% | −0.00 |
| XYZ Block Inc. | Reduce -62.8% | 0.00% | −0.00 |
| UNH Unitedhealth Group Inc. | Reduce -7.1% | 0.01% | −0.00 |
| ALSN Allison Transmission Holding | Reduce -46.3% | 0.00% | −0.00 |
| D Dominion Energy Inc. | Reduce -39.7% | 0.00% | −0.00 |
| AESI Atlas Energy Solutions Inc. | Reduce -13.5% | 0.00% | −0.00 |
| SNY Sanofi-ADR | Sold out | 0.00% | −0.00 |
| BLV Vanguard Long-Term Bond ETF | Sold out | 0.00% | −0.00 |
| BIV Vanguard Intermediate-Term B | Sold out | 0.00% | −0.00 |
| VDE Vanguard Energy ETF | Reduce -13.6% | 0.01% | −0.00 |
| CSGP Costar Group Inc. | Reduce -94.5% | 0.00% | −0.00 |
| KLIC Kulicke & Soffa Industries | Reduce -0.8% | 0.00% | −0.00 |
| CRAI Cra International Inc. | Reduce -11.6% | 0.00% | −0.00 |
| CGNX Cognex Corp. | Reduce -0.7% | 0.00% | −0.00 |
| CNS Cohen & Steers Inc. | Reduce -0.6% | 0.00% | −0.00 |
| GSG iShares S&P Gsci Commodity I | Sold out | 0.00% | −0.00 |
| LKFN Lakeland Financial Corp. | Reduce -0.9% | 0.00% | −0.00 |
| NOG Northern Oil and Gas Inc. | Reduce -0.9% | 0.00% | −0.00 |
| POWI Power Integrations Inc. | Reduce -0.7% | 0.00% | −0.00 |
| PEG Public Service Enterprise GP | Reduce -3.5% | 0.00% | −0.00 |
| SNDR Schneider National Inc. Class B | Reduce -0.6% | 0.00% | −0.00 |
| USPH U.S. Physical Therapy Inc. | Reduce -0.6% | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| BND Vanguard Total Bond Market | Add +7.4% | 24.22% | +1.73 |
| VEU Vanguard Ftse All-World Ex-U | Add +1.3% | 16.72% | +0.80 |
| IVV iShares Core S&P 500 ETF | Add +55.8% | 1.38% | +0.43 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.7% | 16.94% | +0.31 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +10.8% | 1.33% | +0.11 |
| VCIT Vanguard Int-Term Corporate | Add +4.7% | 1.27% | +0.06 |
| VEA Vanguard Ftse Developed ETF | Add +1.5% | 0.48% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +7.4% | 0.04% | +0.01 |
| META Meta Platforms Inc. Class A | Add +108.2% | 0.01% | +0.01 |
| MSFT Microsoft Corp. | Add +32.7% | 0.04% | +0.01 |
| TSLA Tesla Inc. | Add +147.3% | 0.01% | +0.00 |
| XLK SS Technology Select Sector | New | 0.00% | +0.00 |
| LLY Eli Lilly & Co. | Add +14.2% | 0.02% | +0.00 |
| NVDA Nvidia Corp. | Add +51.5% | 0.02% | +0.00 |
| V Visa Inc. Class A | Add +159.6% | 0.00% | +0.00 |
| JNJ Johnson & Johnson | Add +75.1% | 0.01% | +0.00 |
| PG The Procter & Gamble Co. | Add +265.3% | 0.00% | +0.00 |
| ABBV Abbvie Inc. | Add +8.5% | 0.01% | +0.00 |
| NFLX Netflix Inc. | Add +231.6% | 0.00% | +0.00 |
| XLE SS Energy Select Sector | New | 0.00% | +0.00 |
| COST Costco Wholesale Corp. | Add +30.1% | 0.01% | +0.00 |
| KO The Coca-Cola Co. | Add +23.2% | 0.01% | +0.00 |
| GE General Electric | Add +76.3% | 0.00% | +0.00 |
| T AT&T Inc. | Add +12.6% | 0.01% | +0.00 |
| AMZN Amazon.com Inc. | Add +22.6% | 0.03% | +0.00 |
| IBM Intl Business Machines Corp. | Add +51.9% | 0.00% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +9.2% | 0.02% | +0.00 |
| MA Mastercard Inc. Class A | Add +14.9% | 0.01% | +0.00 |
| RTX RTX Corp. | Add +23.1% | 0.01% | +0.00 |
| INTU Intuit Inc. | Add +1566.7% | 0.00% | +0.00 |
| AMGN Amgen Inc. | Add +1214.3% | 0.00% | +0.00 |
| XOM Exxon Mobil Corp. | Add +15.0% | 0.01% | +0.00 |
| PM Philip Morris International | Add +405.0% | 0.00% | +0.00 |
| UNP Union Pacific Corp. | Add +1400.0% | 0.00% | +0.00 |
| IEF iShares 7-10 Year Treasury B | New | 0.00% | +0.00 |
| JCPB JPMorgan Core Plus Bond ETF | New | 0.00% | +0.00 |
| LIN Linde PLC | New | 0.00% | +0.00 |
| CSCO Cisco Systems Inc. | Add +52.6% | 0.00% | +0.00 |
| WFC Wells Fargo & Co. | Add +585.5% | 0.00% | +0.00 |
| CMCSA Comcast Corp. Class A | Add +45.5% | 0.00% | +0.00 |
| PLTR Palantir Technologies Inc. Class A | Add +118.5% | 0.00% | +0.00 |
| PGR Progressive Corp. | Add +78.8% | 0.00% | +0.00 |
| CRM Salesforce Inc. | Add +314.8% | 0.00% | +0.00 |
| ABT Abbott Laboratories | Add +49.8% | 0.00% | +0.00 |
| DHR Danaher Corp. | Add +692.3% | 0.00% | +0.00 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.00% | +0.00 |
| MRK Merck & Co. Inc. | Add +141.7% | 0.00% | +0.00 |
| O Realty Income Corp. | Add +87.6% | 0.00% | +0.00 |
| VZ Verizon Communications Inc. | Add +7.4% | 0.01% | +0.00 |
| BA The Boeing Co. | Add +593.8% | 0.00% | +0.00 |
Notes & Other Activity Q4 2024 → Q1 2025
| GPC Genuine Parts Co. | COM | Reduce -100.0% | 0 | $56 |
| CDW CDW Corp. | COM | Reduce -100.0% | 0 | $13 |
| SSTK Shutterstock Inc. | COM | Reduce -100.0% | 0 | $0 |
| DELL Dell Technologies -C | CL C | New | 0 | $0 |
| FICO Fair Isaac Corp. | COM | New | 0 | $0 |
| KEYS Keysight Technologies Inc. | COM | New | 0 | $0 |
| MPWR Monolithic Power Systems Inc. | COM | New | 0 | $0 |
| ON On Semiconductor | COM | New | 0 | $0 |
| PCAR Paccar Inc. | COM | New | 0 | $0 |
| SWKS Skyworks Solutions Inc. | COM | New | 0 | $0 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 413 | $2.7B | BND, VTV, VEU, VUG, QQQ |
| Q1 2026 | 413 | $2.7B | BND, VTV, VEU, VUG, QQQ |
| Q4 2025 | 765 | $2.6B | BND, VUG, VTV, VEU, QQQ |
| Q3 2025 | 661 | $2.6B | BND, VUG, VTV, VEU, QQQ |
| Q2 2025 | 737 | $2.3B | BND, VUG, VEU, VTV, QQQ |
| Q1 2025Amended | 616 | $2.0B | BND, VTV, VEU, VUG, QQQ |
| Q4 2024 | 477 | $2.0B | BND, VUG, VTV, VEU, QQQ |
| Q3 2024 | 403 | $1.9B | BND, VTV, VUG, VEU, QQQ |
| Q2 2024 | 401 | $1.8B | BND, VUG, VEU, VTV, QQQ |
| Q1 2024 | 357 | $1.4B | BND, VEU, VUG, VTV, VO |