CBIZ Investment Advisory Services, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 9, 2026), CBIZ Investment Advisory Services, LLC reported 765 stock positions worth $2.6 billion. Its top holding was Vanguard Total Bond Market (BND) at 22.4% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 15.3%) and Vanguard Mrngstr Val ETF-Aui (VTV, 15.2%). Compared with Q3 2025, it opened 132 new positions, sold out of 30, added to 245 and reduced 163. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +20%) and the biggest sale Transdigm (TDG, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- INDEPENDENCE, OH
- CIK
- 0001795934
- Portfolio Value
- $2.6B (Q4 2025)
- SEC Filing
- 0001795934-26-000001 ↗ filed Feb 9, 2026
Holdings Value
Holdings 765 stocks · $2.6B
| BND Vanguard Total Bond Market | 22.43% | 8,006,493 | $593.0M | Add +5.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 15.27% | 827,704 | $403.8M | Add +0.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 15.24% | 2,109,504 | $402.9M | Add +1.6% |
| VEU Vanguard Ftse All-World Ex-U | 14.98% | 5,384,662 | $396.1M | Add +0.9% |
| QQQ Invesco QQQ Trust Series 1 | 9.79% | 421,260 | $258.8M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 6.86% | 630,013 | $181.4M | Add +1.4% |
| VWO Vanguard Ftse Emerging Marke | 4.02% | 1,978,209 | $106.3M | Add +0.0% |
| RSP Invesco S&P 500 Equal Weight | 1.86% | 257,030 | $49.1M | Add +20.4% |
| IVV iShares Core S&P 500 ETF | 1.55% | 59,675 | $40.9M | Reduce -0.4% |
| TDG Transdigm Group Inc. | 1.46% | 29,047 | $38.6M | Reduce 0.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.29% | 132,471 | $34.2M | Add +0.8% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 1.25% | 409,718 | $33.0M | Add +6.1% |
| VCIT Vanguard Int-Term Corporate | 1.17% | 370,814 | $31.1M | Add +5.1% |
| VEA Vanguard Ftse Developed ETF | 0.41% | 174,321 | $10.9M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.29% | 22,649 | $7.6M | Add +12.7% |
| VONE Vanguard Russell 1000 | 0.22% | 18,971 | $5.9M | Add +8.1% |
| AAPL Apple Inc. | 0.19% | 18,055 | $4.9M | Add +24.6% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.14% | 50,307 | $3.7M | Reduce -3.4% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.11% | 16,027 | $2.8M | No change |
| IJH iShares Core S&P Midcap ETF | 0.08% | 33,876 | $2.2M | Add +4.8% |
| NVDA Nvidia Corp. | 0.07% | 9,489 | $1.8M | Add +0.1% |
| MSFT Microsoft Corp. | 0.06% | 3,350 | $1.6M | Add +41.6% |
| IWF iShares Russell 1000 Growth | 0.06% | 3,353 | $1.6M | Add +55.1% |
| GOOGL Alphabet Inc. Class A | 0.05% | 4,253 | $1.3M | Add +23.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.04% | 2,273 | $1.1M | Add +10.7% |
| VONV Vanguard Russell 1000 Value | 0.04% | 11,753 | $1.1M | Reduce -0.9% |
| JPM JPMorgan Chase & Co. | 0.04% | 3,366 | $1.1M | Reduce -11.7% |
| AMZN Amazon.com Inc. | 0.04% | 4,282 | $988K | Add +2.4% |
| DVY iShares Select Dividend ETF | 0.04% | 6,682 | $943K | Add +0.5% |
| AVGO Broadcom Inc. | 0.03% | 2,557 | $885K | Add +16.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.03% | 1,054 | $719K | Add +675.0% |
| LLY Eli Lilly & Co. | 0.02% | 581 | $625K | Add +11.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.02% | 6,339 | $567K | Add +0.8% |
| IJR iShares Core S&P Small-Cap E | 0.02% | 4,680 | $562K | Add +2.6% |
| EFA iShares MSCI Eafe ETF | 0.02% | 5,556 | $534K | Reduce -10.0% |
| TSLA Tesla Inc. | 0.02% | 1,185 | $533K | Add +3.9% |
| WMT Walmart Inc. | 0.02% | 4,744 | $528K | Add +33.6% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.02% | 8,490 | $477K | No change |
| XLK SS Technology Select Sector | 0.02% | 2,912 | $419K | Add +238.6% |
| GOOG Alphabet Inc. Class C | 0.01% | 1,198 | $376K | Add +364.3% |
| SDY SS SPDR S&P Dividend ETF | 0.01% | 2,600 | $362K | Add +31.3% |
| VOO Vanguard S&P 500 ETF | 0.01% | 546 | $342K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.01% | 6,087 | $335K | Add +17.6% |
| PKBK Parke Bancorp Inc. | 0.01% | 12,567 | $315K | No change |
| CAT Caterpillar Inc. | 0.01% | 507 | $291K | Add +373.8% |
| BSV Vanguard Short-Term Bond ETF | 0.01% | 3,638 | $287K | Reduce -30.4% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 0.01% | 3,072 | $278K | No change |
| ABBV Abbvie Inc. | 0.01% | 1,131 | $258K | Add +10.9% |
| META Meta Platforms Inc. Class A | 0.01% | 362 | $239K | Reduce -20.4% |
| CBZ Cbiz Inc. | 0.01% | 4,710 | $238K | Add +6.1% |
| ORCL Oracle Corp. | 0.01% | 1,177 | $229K | Add +98.5% |
| ADBE Adobe Inc. | 0.01% | 617 | $216K | Add +2.3% |
| LRCX Lam Research Corp. | 0.01% | 1,252 | $215K | Add +6.9% |
| VNQ Vanguard Real Estate ETF | 0.01% | 2,365 | $209K | Reduce -13.6% |
| RTX RTX Corp. | 0.01% | 1,114 | $204K | Add +23.5% |
| PRF Invesco Rafi US 1000 ETF | 0.01% | 4,110 | $193K | No change |
| ETN Eaton Corp. PLC | 0.01% | 599 | $191K | Reduce -18.4% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.01% | 2,206 | $190K | New |
| BSX Boston Scientific Corp. | 0.01% | 1,991 | $190K | Add +3.6% |
| VGT Vanguard Info Tech ETF | 0.01% | 245 | $185K | Add +16.7% |
| MA Mastercard Inc. Class A | 0.01% | 320 | $182K | Reduce -3.9% |
| HD Home Depot Inc. | 0.01% | 511 | $176K | Add +46.8% |
| XOM Exxon Mobil Corp. | 0.01% | 1,249 | $150K | Add +22.9% |
| COST Costco Wholesale Corp. | 0.01% | 171 | $147K | Reduce -1.2% |
| SCHX Schwab US Large-Cap ETF | 0.01% | 5,472 | $147K | No change |
| CVX Chevron Corp. | 0.01% | 955 | $145K | Add +6.9% |
| HON Honeywell International Inc. | 0.01% | 726 | $142K | Add +38.3% |
| JNJ Johnson & Johnson | 0.01% | 674 | $139K | Reduce -1.6% |
| KO The Coca-Cola Co. | 0.01% | 1,977 | $138K | Add +32.9% |
| APH Amphenol Corp. Class A | 0.01% | 1,008 | $136K | No change |
| IUSV iShares Core S&P U.S. Value | 0.01% | 1,329 | $136K | Add +8.1% |
| AMUN Abrdn US Muni A ETF | 0.01% | 5,151 | $134K | New |
| VXUS Vanguard Total Intl Stock | 0.01% | 1,739 | $131K | Add +24.0% |
| KLAC KLA Corp. | 0.00% | 105 | $128K | Add +11.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.00% | 1,108 | $127K | Reduce -3.1% |
| V Visa Inc. Class A | 0.00% | 354 | $124K | Reduce -11.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.00% | 408 | $121K | Add +42.2% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.00% | 4,362 | $119K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.00% | 658 | $117K | Reduce -0.5% |
| MCD McDonald's Corp. | 0.00% | 379 | $116K | Add +0.8% |
| AMD Advanced Micro Devices | 0.00% | 527 | $113K | Add +6.7% |
| ITW Illinois Tool Works | 0.00% | 436 | $108K | Reduce -1.6% |
| NFLX Netflix Inc. | 0.00% | 1,130 | $106K | Reduce -2.6% |
| IAU iShares Gold Trust | 0.00% | 1,250 | $101K | New |
| GILD Gilead Sciences Inc. | 0.00% | 824 | $101K | Add +274.6% |
| GLD SPDR Gold Shares | 0.00% | 250 | $99K | No change |
| PNC PNC Financial Services Group | 0.00% | 470 | $98K | Add +188.3% |
| T AT&T Inc. | 0.00% | 3,905 | $97K | Reduce -1.8% |
| UNH Unitedhealth Group Inc. | 0.00% | 294 | $97K | Reduce -2.6% |
| RSG Republic Services Inc. | 0.00% | 445 | $94K | Add +11.3% |
| GS Goldman Sachs Group Inc. | 0.00% | 107 | $94K | No change |
| LMT Lockheed Martin Corp. | 0.00% | 189 | $92K | Add +25.2% |
| VZ Verizon Communications Inc. | 0.00% | 2,244 | $91K | Reduce -19.4% |
| PG The Procter & Gamble Co. | 0.00% | 638 | $91K | Add +53.0% |
| MS Morgan Stanley | 0.00% | 502 | $89K | Add +12.3% |
| VDE Vanguard Energy ETF | 0.00% | 698 | $88K | Add +0.3% |
| BSCR Invesco Bulletshares 2027 CB | 0.00% | 4,225 | $83K | Add +1.1% |
| CSCO Cisco Systems Inc. | 0.00% | 1,075 | $83K | Add +54.2% |
| BSCQ Invesco Bulletshares 2026 CB | 0.00% | 4,222 | $83K | Add +1.0% |
| XLF SS Financial Select Sector | 0.00% | 1,500 | $82K | New |
Lines left out (4) · $30 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| CDW CDW Corp. | COM | 0 | $11 |
| STWD Starwood Property Trust Inc. | COM | 0 | $9 |
| ARCC Ares Capital Corp. | COM | 0 | $5 |
| SHY iShares 1-3 Year Treasury Bo | 1 3 YR TREAS BD | 0 | $5 |
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: $2.6B.
Portfolio Sells Q3 2025 → Q4 2025
| TDG Transdigm Group Inc. | Reduce 0.0% | 1.46% | −0.04 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -99.5% | 0.00% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -0.4% | 1.55% | −0.02 |
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -11.7% | 0.04% | −0.01 |
| BSV Vanguard Short-Term Bond ETF | Reduce -30.4% | 0.01% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -20.4% | 0.01% | −0.00 |
| ETN Eaton Corp. PLC | Reduce -18.4% | 0.01% | −0.00 |
| EFA iShares MSCI Eafe ETF | Reduce -10.0% | 0.02% | −0.00 |
| VNQ Vanguard Real Estate ETF | Reduce -13.6% | 0.01% | −0.00 |
| DE Deere & Co. | Reduce -59.0% | 0.00% | −0.00 |
| NFLX Netflix Inc. | Reduce -2.6% | 0.00% | −0.00 |
| ET Energy Transfer LP | Reduce -70.1% | 0.00% | −0.00 |
| VPU Vanguard Utilities ETF | Reduce -49.3% | 0.00% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -19.4% | 0.00% | −0.00 |
| CBT Cabot Corp. | Sold out | 0.00% | −0.00 |
| LIN Linde PLC | Reduce -62.0% | 0.00% | −0.00 |
| NOG Northern Oil and Gas Inc. | Sold out | 0.00% | −0.00 |
| SYK Stryker Corp. | Reduce -27.8% | 0.00% | −0.00 |
| TXN Texas Instruments Inc. | Reduce -29.5% | 0.00% | −0.00 |
| T AT&T Inc. | Reduce -1.8% | 0.00% | −0.00 |
| COST Costco Wholesale Corp. | Reduce -1.2% | 0.01% | −0.00 |
| V Visa Inc. Class A | Reduce -11.9% | 0.00% | −0.00 |
| ST Sensata Technologies Holdplc | Sold out | 0.00% | −0.00 |
| ABT Abbott Laboratories | Reduce -13.9% | 0.00% | −0.00 |
| SNPS Synopsys Inc. | Reduce -50.0% | 0.00% | −0.00 |
| PRGO Perrigo Co. PLC | Sold out | 0.00% | −0.00 |
| MO Altria Group Inc. | Reduce -4.4% | 0.00% | −0.00 |
| ADP Automatic Data Processing | Reduce -38.8% | 0.00% | −0.00 |
| BKNG Booking Holdings Inc. | Reduce -25.0% | 0.00% | −0.00 |
| ITW Illinois Tool Works | Reduce -1.6% | 0.00% | −0.00 |
| MA Mastercard Inc. Class A | Reduce -3.9% | 0.01% | −0.00 |
| AESI Atlas Energy Solutions Inc. | Sold out | 0.00% | −0.00 |
| OXY Occidental Petroleum Corp. | Reduce -35.0% | 0.00% | −0.00 |
| PGR Progressive Corp. | Reduce -23.5% | 0.00% | −0.00 |
| VONV Vanguard Russell 1000 Value | Reduce -0.9% | 0.04% | −0.00 |
| AMT American Tower Corp. | Reduce -14.9% | 0.00% | −0.00 |
| BA The Boeing Co. | Reduce -29.3% | 0.00% | −0.00 |
| D Dominion Energy Inc. | Reduce -23.3% | 0.00% | −0.00 |
| EHC Encompass Health Corp. | Reduce -0.7% | 0.00% | −0.00 |
| INTU Intuit Inc. | Reduce -11.8% | 0.00% | −0.00 |
| BSJP Invesco Bulletshares 2025 HY | Sold out | 0.00% | −0.00 |
| UNH Unitedhealth Group Inc. | Reduce -2.6% | 0.00% | −0.00 |
| ARES Ares Management Corp. Class A | Reduce -41.9% | 0.00% | −0.00 |
| WRB WR Berkley Corp. | Reduce -73.5% | 0.00% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -78.0% | 0.00% | −0.00 |
| CTAS Cintas Corp. | Reduce -29.4% | 0.00% | −0.00 |
| DIS The Walt Disney Co. | Reduce -3.1% | 0.00% | −0.00 |
| ICE Intercontinental Exchange Inc. | Reduce -78.8% | 0.00% | −0.00 |
| K Kellanova | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| RSP Invesco S&P 500 Equal Weight | Add +20.4% | 1.86% | +0.27 |
| BND Vanguard Total Bond Market | Add +5.2% | 22.43% | +0.26 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.6% | 15.24% | +0.07 |
| VEU Vanguard Ftse All-World Ex-U | Add +0.9% | 14.98% | +0.07 |
| AAPL Apple Inc. | Add +24.6% | 0.19% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +12.7% | 0.29% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +675.0% | 0.03% | +0.02 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +6.1% | 1.25% | +0.02 |
| IWF iShares Russell 1000 Growth | Add +55.1% | 0.06% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +23.6% | 0.05% | +0.02 |
| VONE Vanguard Russell 1000 | Add +8.1% | 0.22% | +0.01 |
| MSFT Microsoft Corp. | Add +41.6% | 0.06% | +0.01 |
| VCIT Vanguard Int-Term Corporate | Add +5.1% | 1.17% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +364.3% | 0.01% | +0.01 |
| XLK SS Technology Select Sector | Add +238.6% | 0.02% | +0.01 |
| CAT Caterpillar Inc. | Add +373.8% | 0.01% | +0.01 |
| LLY Eli Lilly & Co. | Add +11.5% | 0.02% | +0.01 |
| EFAV iShares MSCI Eafe Min Vol Fa | New | 0.01% | +0.01 |
| WMT Walmart Inc. | Add +33.6% | 0.02% | +0.01 |
| AMUN Abrdn US Muni A ETF | New | 0.01% | +0.01 |
| AVGO Broadcom Inc. | Add +16.1% | 0.03% | +0.01 |
| IAU iShares Gold Trust | New | 0.00% | +0.00 |
| XLF SS Financial Select Sector | New | 0.00% | +0.00 |
| GILD Gilead Sciences Inc. | Add +274.6% | 0.00% | +0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +10.7% | 0.04% | +0.00 |
| SDY SS SPDR S&P Dividend ETF | Add +31.3% | 0.01% | +0.00 |
| PNC PNC Financial Services Group | Add +188.3% | 0.00% | +0.00 |
| BAC Bank of America Corp. | Add +17.6% | 0.01% | +0.00 |
| TRV The Travelers Cos Inc. | Add +350.9% | 0.00% | +0.00 |
| ORCL Oracle Corp. | Add +98.5% | 0.01% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +4.8% | 0.08% | +0.00 |
| LRCX Lam Research Corp. | Add +6.9% | 0.01% | +0.00 |
| PSX Phillips 66 | Add +4166.7% | 0.00% | +0.00 |
| RTX RTX Corp. | Add +23.5% | 0.01% | +0.00 |
| AMZN Amazon.com Inc. | Add +2.4% | 0.04% | +0.00 |
| IBM Intl Business Machines Corp. | Add +42.2% | 0.00% | +0.00 |
| MU Micron Technology Inc. | Add +81.9% | 0.00% | +0.00 |
| SCHD Schwab US DVD Equity ETF | Add +317.1% | 0.00% | +0.00 |
| CSCO Cisco Systems Inc. | Add +54.2% | 0.00% | +0.00 |
| KO The Coca-Cola Co. | Add +32.9% | 0.01% | +0.00 |
| CMCSA Comcast Corp. Class A | Add +149.3% | 0.00% | +0.00 |
| TD Toronto-Dominion Bank | New | 0.00% | +0.00 |
| CVS CVS Health Corp. | Add +333.3% | 0.00% | +0.00 |
| XOM Exxon Mobil Corp. | Add +22.9% | 0.01% | +0.00 |
| AMD Advanced Micro Devices | Add +6.7% | 0.00% | +0.00 |
| HD Home Depot Inc. | Add +46.8% | 0.01% | +0.00 |
| ISRG Intuitive Surgical Inc. | Add +36.5% | 0.00% | +0.00 |
| DES Wisdomtree US Smallcap Divid | New | 0.00% | +0.00 |
| HEI Heico Corp. | Add +1000.0% | 0.00% | +0.00 |
| HON Honeywell International Inc. | Add +38.3% | 0.01% | +0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| CDW CDW Corp. | COM | Reduce -100.0% | 0 | $11 |
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 |