GHP Investment Advisors, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), GHP Investment Advisors, Inc. reported 941 stock positions worth $2.3 billion. Its top holding was Schwab US Large-Cap Growth (SCHG) at 1.9% of the portfolio, followed by Microsoft (MSFT, 1.6%) and Apple (AAPL, 1.5%). Compared with Q1 2025, it opened 57 new positions, sold out of 68, added to 279 and reduced 204. The biggest buy was Microsoft (MSFT, shares +1%) and the biggest sale Apple (AAPL, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- Denver, CO
- CIK
- 0001401561
- Portfolio Value
- $2.3B (Q2 2025)
- SEC Filing
- 0001140361-25-028706 ↗ filed Aug 5, 2025
Holdings Value
Holdings 941 stocks · $2.3B
| SCHG Schwab US Large-Cap Growth | 1.90% | 1,465,966 | $42.8M | Add +0.5% |
| MSFT Microsoft Corp. | 1.63% | 74,038 | $36.8M | Add +0.8% |
| AAPL Apple Inc. | 1.45% | 160,104 | $32.8M | Reduce -1.8% |
| VEA Vanguard Ftse Developed ETF | 1.30% | 513,518 | $29.3M | Add +0.4% |
| SCHF Schwab Intl Equity ETF | 1.22% | 1,250,086 | $27.6M | Add +1.4% |
| JPM JPMorgan Chase & Co. | 1.22% | 94,961 | $27.5M | Add +0.6% |
| SCHV Schwab US Large-Cap Value | 1.21% | 985,530 | $27.3M | Add +1.3% |
| MDYG SS SPDR S&P 400 MC GR ETF | 1.19% | 308,112 | $26.8M | Add +3.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.18% | 54,614 | $26.5M | Add +2.6% |
| IDV iShares International Select | 1.14% | 746,664 | $25.8M | Add +3.1% |
| IEFA iShares Core MSCI Eafe ETF | 1.12% | 302,859 | $25.3M | Add +2.5% |
| CW Curtiss-Wright Corp. | 1.12% | 51,720 | $25.3M | Reduce -1.3% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 1.08% | 581,557 | $24.5M | Add +0.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.05% | 80,449 | $23.7M | Add +1.8% |
| FLGB Franklin Ftse United Kingdom | 1.03% | 762,225 | $23.3M | Add +3.2% |
| IVW iShares S&P 500 Growth ETF | 1.01% | 206,911 | $22.8M | Reduce -1.1% |
| IWF iShares Russell 1000 Growth | 1.00% | 53,109 | $22.5M | Reduce -0.3% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.98% | 278,533 | $22.1M | Add +1.2% |
| ORCL Oracle Corp. | 0.96% | 98,805 | $21.6M | Add +0.6% |
| HLI Houlihan Lokey Inc. | 0.95% | 119,440 | $21.5M | Reduce -0.7% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.95% | 241,820 | $21.5M | Add +1.7% |
| IJT iShares S&P Small-Cap 600 GR | 0.94% | 160,166 | $21.3M | Reduce -1.0% |
| GOOG Alphabet Inc. Class C | 0.91% | 115,338 | $20.5M | Reduce -0.2% |
| SCHC Schwab Intl Small-Cap Equity | 0.89% | 470,749 | $20.0M | Reduce -0.8% |
| IJS iShares S&P Small-Cap 600 Va | 0.88% | 199,510 | $19.8M | Reduce -2.2% |
| EME Emcor Group Inc. | 0.86% | 36,332 | $19.4M | Reduce -1.2% |
| RTX RTX Corp. | 0.85% | 131,238 | $19.2M | Reduce -0.1% |
| IVE iShares S&P 500 Value ETF | 0.85% | 97,933 | $19.1M | Reduce -0.6% |
| ESE Esco Technologies Inc. | 0.84% | 98,683 | $18.9M | Reduce -3.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.83% | 197,256 | $18.8M | Add +3.2% |
| MCO Moody's Corp. | 0.83% | 37,203 | $18.7M | Add +1.4% |
| META Meta Platforms Inc. Class A | 0.80% | 24,456 | $18.1M | Add +1.1% |
| ROK Rockwell Automation Inc. | 0.79% | 53,786 | $17.9M | Add +6.8% |
| AXP American Express Co. | 0.79% | 55,856 | $17.8M | Add +0.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.79% | 144,150 | $17.8M | Add +1.1% |
| TDY Teledyne Technologies Inc. | 0.78% | 34,424 | $17.6M | Add +5.3% |
| IWD iShares Russell 1000 Value E | 0.77% | 89,758 | $17.4M | Reduce -0.6% |
| WMT Walmart Inc. | 0.73% | 168,340 | $16.5M | Reduce -2.0% |
| LECO Lincoln Electric Holdings | 0.71% | 77,827 | $16.1M | Reduce -0.9% |
| KLAC KLA Corp. | 0.70% | 17,760 | $15.9M | Add +4.8% |
| STE Steris PLC | 0.68% | 64,150 | $15.4M | Add +4.3% |
| PGR Progressive Corp. | 0.68% | 57,254 | $15.3M | Reduce -0.2% |
| SYK Stryker Corp. | 0.67% | 38,010 | $15.0M | Add +1.9% |
| ULTA Ulta Beauty Inc. | 0.66% | 32,000 | $15.0M | Add +2.0% |
| TRV The Travelers Cos Inc. | 0.63% | 53,201 | $14.2M | Add +2.4% |
| NDAQ Nasdaq Inc. | 0.63% | 159,143 | $14.2M | Add +6.8% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.63% | 177,470 | $14.2M | Add +1.7% |
| PG The Procter & Gamble Co. | 0.62% | 87,344 | $13.9M | Reduce -0.5% |
| INTU Intuit Inc. | 0.61% | 17,406 | $13.7M | Add +3.7% |
| CSCO Cisco Systems Inc. | 0.60% | 196,667 | $13.6M | Add +0.8% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.60% | 184,111 | $13.5M | Add +0.8% |
| AME Ametek Inc. | 0.60% | 74,327 | $13.5M | Add +8.8% |
| MCK McKesson Corp. | 0.59% | 18,145 | $13.3M | Add +3.5% |
| BR Broadridge Financial Solutio | 0.58% | 54,090 | $13.1M | Add +5.9% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.58% | 106,052 | $13.1M | Reduce -0.5% |
| URI United Rentals Inc. | 0.58% | 17,362 | $13.1M | Add +8.4% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.58% | 142,933 | $13.0M | Reduce -0.7% |
| GRMN Garmin Ltd. | 0.57% | 62,180 | $13.0M | Reduce -1.4% |
| NDSN Nordson Corp. | 0.57% | 60,517 | $13.0M | Reduce -5.7% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.56% | 44,680 | $12.7M | Reduce -0.9% |
| EMR Emerson Electric Co. | 0.56% | 95,130 | $12.7M | Add +7.5% |
| NTAP Netapp Inc. | 0.56% | 117,643 | $12.5M | Reduce -3.0% |
| V Visa Inc. Class A | 0.55% | 34,855 | $12.4M | Reduce -0.5% |
| GLW Corning Inc. | 0.54% | 231,178 | $12.2M | Reduce -4.2% |
| SSNC Ss&c Technologies Holdings | 0.52% | 141,931 | $11.8M | Add +2.1% |
| PH Parker Hannifin Corp. | 0.52% | 16,751 | $11.7M | Add +1.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.51% | 221,815 | $11.6M | Add +3.3% |
| ADI Analog Devices Inc. | 0.51% | 48,696 | $11.6M | Add +0.8% |
| COST Costco Wholesale Corp. | 0.50% | 11,333 | $11.2M | Reduce -1.0% |
| PLXS Plexus Corp. | 0.49% | 81,684 | $11.1M | Reduce -0.8% |
| CSX CSX Corp. | 0.48% | 334,377 | $10.9M | Reduce -2.2% |
| TXN Texas Instruments Inc. | 0.48% | 52,400 | $10.9M | Reduce -0.1% |
| SNPS Synopsys Inc. | 0.48% | 21,026 | $10.8M | Add +5.5% |
| PKG Packaging Corp. of America | 0.47% | 56,668 | $10.7M | Add +0.2% |
| EXPD Expeditors Intl Wash Inc. | 0.47% | 93,366 | $10.7M | Add +3.6% |
| MLM Martin Marietta Materials | 0.47% | 19,416 | $10.7M | Add +5.8% |
| FDS Factset Research Systems Inc. | 0.46% | 23,188 | $10.4M | Add +112.6% |
| CACI Caci International Inc. Class A | 0.46% | 21,680 | $10.3M | Reduce -0.7% |
| LH Labcorp Holdings Inc. | 0.43% | 37,074 | $9.7M | Reduce -4.4% |
| DOX Amdocs Ltd. | 0.42% | 104,189 | $9.5M | Add +0.2% |
| ADP Automatic Data Processing | 0.42% | 30,652 | $9.5M | Add +0.5% |
| AON Aon PLC Class A | 0.42% | 26,475 | $9.4M | Add +0.6% |
| MRK Merck & Co. Inc. | 0.41% | 117,049 | $9.3M | Reduce -3.1% |
| EXLS Exlservice Holdings Inc. | 0.41% | 211,530 | $9.3M | Add +9.2% |
| BKNG Booking Holdings Inc. | 0.41% | 1,593 | $9.2M | Add +6.3% |
| TSCO Tractor Supply Company | 0.40% | 169,728 | $9.0M | Add +9.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.40% | 72,078 | $8.9M | Add +1.6% |
| FERG Ferguson Enterprises Inc. | 0.39% | 40,146 | $8.7M | Add +2.8% |
| TXRH Texas Roadhouse Inc. | 0.38% | 46,229 | $8.7M | Add +1.6% |
| IJR iShares Core S&P Small-Cap E | 0.38% | 78,469 | $8.6M | Reduce -0.6% |
| CI The Cigna Group | 0.38% | 25,930 | $8.6M | Add +0.3% |
| JNJ Johnson & Johnson | 0.38% | 55,779 | $8.5M | Add +1.4% |
| SNA Snap-on Inc. | 0.38% | 27,324 | $8.5M | Reduce -0.3% |
| WAT Waters Corp. | 0.37% | 23,818 | $8.3M | Add +1.4% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.37% | 18,834 | $8.3M | Reduce -1.0% |
| IWP iShares Russell Mid-Cap Grow | 0.36% | 59,369 | $8.2M | Reduce -0.8% |
| LHX L3HARRIS Technologies Inc. | 0.36% | 32,604 | $8.2M | Add +2.5% |
| IJH iShares Core S&P Midcap ETF | 0.36% | 131,684 | $8.2M | Reduce -0.2% |
| APD Air Products & Chemicals Inc. | 0.36% | 28,665 | $8.1M | Reduce -1.2% |
| HIG Hartford Insurance Group Inc. | 0.35% | 62,787 | $8.0M | Add +5.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $8K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 6 | $7K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 45 | $932 | No change |
Total filed on the 13F, all lines: $2.3B.
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -1.8% | 1.45% | −0.29 |
| UNH Unitedhealth Group Inc. | Reduce -12.3% | 0.21% | −0.23 |
| SYNA Synaptics Inc. | Reduce -71.7% | 0.08% | −0.22 |
| ICFI Icf International Inc. | Reduce -96.2% | 0.01% | −0.18 |
| MRTN Marten Transport Ltd. | Reduce -98.2% | 0.00% | −0.18 |
| GNTX Gentex Corp. | Reduce -99.0% | 0.00% | −0.17 |
| PEP Pepsico Inc. | Reduce -11.9% | 0.33% | −0.13 |
| LSTR Landstar System Inc. | Reduce -17.9% | 0.28% | −0.12 |
| MRK Merck & Co. Inc. | Reduce -3.1% | 0.41% | −0.11 |
| PGR Progressive Corp. | Reduce -0.2% | 0.68% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -0.5% | 0.62% | −0.10 |
| COLM Columbia Sportswear Co. | Sold out | 0.00% | −0.10 |
| GRMN Garmin Ltd. | Reduce -1.4% | 0.57% | −0.08 |
| GPN Global Payments Inc. | Reduce -15.0% | 0.14% | −0.08 |
| TGT Target Corp. | Reduce -8.6% | 0.30% | −0.08 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -2.2% | 0.88% | −0.08 |
| OMC Omnicom Group | Reduce -9.3% | 0.19% | −0.07 |
| SKX Skechers USA Inc. Class A | Reduce -99.0% | 0.00% | −0.07 |
| CVX Chevron Corp. | Reduce -3.3% | 0.23% | −0.07 |
| GIS General Mills Inc. | Reduce -16.7% | 0.13% | −0.07 |
| SNA Snap-on Inc. | Reduce -0.3% | 0.38% | −0.07 |
| STZ Constellation Brands Inc. Class A | Reduce -20.4% | 0.12% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Reduce -17.8% | 0.10% | −0.06 |
| EMN Eastman Chemical Co. | Reduce -14.7% | 0.12% | −0.06 |
| WSO Watsco Inc. | Reduce -21.7% | 0.09% | −0.06 |
| IVE iShares S&P 500 Value ETF | Reduce -0.6% | 0.85% | −0.05 |
| APD Air Products & Chemicals Inc. | Reduce -1.2% | 0.36% | −0.05 |
| SJM The JM Smucker Co. | Reduce -1.7% | 0.16% | −0.05 |
| DVA Davita Inc. | Reduce -2.9% | 0.26% | −0.05 |
| FELE Franklin Electric Co. Inc. | Reduce -5.3% | 0.24% | −0.05 |
| NDSN Nordson Corp. | Reduce -5.7% | 0.57% | −0.05 |
| IWD iShares Russell 1000 Value E | Reduce -0.6% | 0.77% | −0.04 |
| CPRT Copart Inc. | Reduce -5.4% | 0.13% | −0.04 |
| V Visa Inc. Class A | Reduce -0.5% | 0.55% | −0.04 |
| CHD Church & Dwight Co. Inc. | Reduce -0.5% | 0.16% | −0.04 |
| ACN Accenture PLC Class A | Reduce -0.1% | 0.29% | −0.04 |
| PCAR Paccar Inc. | Reduce -1.6% | 0.29% | −0.04 |
| NSIT Insight Enterprises Inc. | Reduce -1.6% | 0.19% | −0.04 |
| KAI Kadant Inc. | Reduce -2.6% | 0.19% | −0.03 |
| TROW T Rowe Price Group Inc. | Reduce -30.9% | 0.07% | −0.03 |
| PEY Invesco High Yield Equity Di | Reduce -9.5% | 0.13% | −0.03 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -0.5% | 0.58% | −0.03 |
| FCN Fti Consulting Inc. | Reduce -4.4% | 0.17% | −0.03 |
| KNX Knight-Swift Transportation | Reduce -16.0% | 0.10% | −0.03 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -1.0% | 0.94% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -0.1% | 0.19% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -1.0% | 0.50% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -5.0% | 0.20% | −0.02 |
| ODFL Old Dominion Freight Line | Reduce -7.2% | 0.12% | −0.02 |
| UPS United Parcel Service Class B | Reduce -6.7% | 0.08% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| MSFT Microsoft Corp. | Add +0.8% | 1.63% | +0.31 |
| ORCL Oracle Corp. | Add +0.6% | 0.96% | +0.30 |
| FDS Factset Research Systems Inc. | Add +112.6% | 0.46% | +0.22 |
| TER Teradyne Inc. | Add +21418.7% | 0.20% | +0.20 |
| ROK Rockwell Automation Inc. | Add +6.8% | 0.79% | +0.17 |
| KLAC KLA Corp. | Add +4.8% | 0.70% | +0.15 |
| SCHG Schwab US Large-Cap Growth | Add +0.5% | 1.90% | +0.14 |
| META Meta Platforms Inc. Class A | Add +1.1% | 0.80% | +0.13 |
| APH Amphenol Corp. Class A | Add +13.7% | 0.34% | +0.12 |
| INTU Intuit Inc. | Add +3.7% | 0.61% | +0.11 |
| ULTA Ulta Beauty Inc. | Add +2.0% | 0.66% | +0.11 |
| JPM JPMorgan Chase & Co. | Add +0.6% | 1.22% | +0.11 |
| IBM Intl Business Machines Corp. | Add +1.8% | 1.05% | +0.11 |
| URI United Rentals Inc. | Add +8.4% | 0.58% | +0.10 |
| EMR Emerson Electric Co. | Add +7.5% | 0.56% | +0.10 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +3.2% | 0.83% | +0.09 |
| NDAQ Nasdaq Inc. | Add +6.8% | 0.63% | +0.09 |
| FERG Ferguson Enterprises Inc. | Add +2.8% | 0.39% | +0.09 |
| ALLE Allegion PLC | Add +1077.3% | 0.09% | +0.08 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Add +0.8% | 1.08% | +0.08 |
| BKNG Booking Holdings Inc. | Add +6.3% | 0.41% | +0.08 |
| AXP American Express Co. | Add +0.3% | 0.79% | +0.07 |
| SNPS Synopsys Inc. | Add +5.5% | 0.48% | +0.07 |
| PRGS Progress Software Corp. | Add +8.9% | 0.33% | +0.06 |
| IDV iShares International Select | Add +3.1% | 1.14% | +0.06 |
| TTEK Tetra Tech Inc. | Add +6.6% | 0.35% | +0.06 |
| AMAT Applied Materials Inc. | Add +15.6% | 0.24% | +0.06 |
| GMS GMS Inc. | Add +1.5% | 0.21% | +0.06 |
| DIS The Walt Disney Co. | Add +1.6% | 0.40% | +0.06 |
| SCHF Schwab Intl Equity ETF | Add +1.4% | 1.22% | +0.05 |
| MLM Martin Marietta Materials | Add +5.8% | 0.47% | +0.05 |
| OSK Oshkosh Corp. | Add +19.2% | 0.20% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +0.4% | 1.30% | +0.05 |
| ADI Analog Devices Inc. | Add +0.8% | 0.51% | +0.05 |
| IEFA iShares Core MSCI Eafe ETF | Add +2.5% | 1.12% | +0.04 |
| MDYG SS SPDR S&P 400 MC GR ETF | Add +3.1% | 1.19% | +0.04 |
| LHX L3HARRIS Technologies Inc. | Add +2.5% | 0.36% | +0.04 |
| CME Cme Group Inc. | Add +18.3% | 0.33% | +0.04 |
| CAH Cardinal Health Inc. | Add +2.4% | 0.30% | +0.04 |
| PH Parker Hannifin Corp. | Add +1.9% | 0.52% | +0.04 |
| NVDA Nvidia Corp. | Add +45.2% | 0.07% | +0.04 |
| AME Ametek Inc. | Add +8.8% | 0.60% | +0.03 |
| CSCO Cisco Systems Inc. | Add +0.8% | 0.60% | +0.03 |
| OSIS Osi Systems Inc. | Add +1.6% | 0.32% | +0.02 |
| LMT Lockheed Martin Corp. | Add +24.2% | 0.15% | +0.02 |
| MCK McKesson Corp. | Add +3.5% | 0.59% | +0.02 |
| ALG Alamo Group Inc. | Add +7.2% | 0.13% | +0.02 |
| SCHW Schwab (charles) Corp. | Add +1.0% | 0.28% | +0.02 |
| BAC Bank of America Corp. | Add +2.7% | 0.29% | +0.02 |
| TXRH Texas Roadhouse Inc. | Add +1.6% | 0.38% | +0.02 |
Notes & Other Activity Q1 2025 → Q2 2025
| JQCNR Nuveen Credit Strategies-RTS | RIGHT 04/29/2025 | Sold out | 550 | $0before exit |
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 | 1,391 | $2.7B | SCHG, AAPL, GOOG, MDYG, SCHF |
| Q1 2026 | 1,434 | $2.4B | SCHG, AAPL, GOOG, IDV, VEA |
| Q4 2025 | 982 | $2.4B | SCHG, AAPL, GOOG, MSFT, VEA |
| Q3 2025 | 940 | $2.4B | SCHG, AAPL, MSFT, VEA, JPM |
| Q2 2025 | 941 | $2.3B | SCHG, MSFT, AAPL, VEA, SCHF |
| Q1 2025 | 952 | $2.1B | SCHG, AAPL, BRK.B, MSFT, VEA |
| Q4 2024 | 971 | $2.1B | AAPL, SCHG, MSFT, MDYG, SCHV |
| Q3 2024 | 966 | $2.2B | AAPL, SCHG, MSFT, FICO, VEA |
| Q2 2024 | 968 | $2.0B | SCHG, AAPL, MSFT, VEA, MDYG |
| Q1 2024 | 836 | $2.0B | SCHG, MSFT, AAPL, VEA, MDYG |