GHP Investment Advisors, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), GHP Investment Advisors, Inc. reported 982 stock positions worth $2.4 billion. Its top holding was Schwab US Large-Cap Growth (SCHG) at 2.0% of the portfolio, followed by Apple (AAPL, 1.8%) and Alphabet Class C (GOOG, 1.5%). Compared with Q3 2025, it opened 69 new positions, sold out of 29, added to 278 and reduced 206. The biggest buy was Roper Technologies (ROP, shares +4795%) and the biggest sale Corning (GLW, shares −63%).
- Most Recent 13F
- Q2 2026
- Location
- Denver, CO
- CIK
- 0001401561
- Portfolio Value
- $2.4B (Q4 2025)
- SEC Filing
- 0001140361-26-002431 ↗ filed Jan 27, 2026
Holdings Value
Holdings 982 stocks · $2.4B
| SCHG Schwab US Large-Cap Growth | 1.95% | 1,454,774 | $47.5M | Reduce -0.4% |
| AAPL Apple Inc. | 1.82% | 163,073 | $44.3M | Reduce -2.3% |
| GOOG Alphabet Inc. Class C | 1.50% | 116,479 | $36.6M | Reduce -0.1% |
| MSFT Microsoft Corp. | 1.44% | 72,351 | $35.0M | Reduce -0.4% |
| VEA Vanguard Ftse Developed ETF | 1.30% | 506,824 | $31.7M | Reduce -0.3% |
| SCHF Schwab Intl Equity ETF | 1.27% | 1,284,602 | $30.9M | Add +2.4% |
| MDYG SS SPDR S&P 400 MC GR ETF | 1.23% | 324,112 | $30.0M | Add +2.5% |
| IDV iShares International Select | 1.23% | 755,612 | $29.8M | Add +0.7% |
| SCHV Schwab US Large-Cap Value | 1.23% | 1,006,308 | $29.8M | Add +0.5% |
| JPM JPMorgan Chase & Co. | 1.22% | 92,280 | $29.7M | Reduce -1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.14% | 54,907 | $27.6M | Reduce -0.1% |
| IEFA iShares Core MSCI Eafe ETF | 1.13% | 306,817 | $27.4M | Add +1.1% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 1.09% | 595,403 | $26.5M | Add +2.4% |
| FLGB Franklin Ftse United Kingdom | 1.08% | 780,342 | $26.3M | Add +1.3% |
| IWF iShares Russell 1000 Growth | 1.02% | 52,587 | $24.9M | Reduce -0.7% |
| IVW iShares S&P 500 Growth ETF | 1.01% | 199,648 | $24.6M | Reduce -2.1% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.98% | 281,638 | $23.8M | Add +0.6% |
| RTX RTX Corp. | 0.97% | 128,672 | $23.6M | Reduce -1.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.96% | 78,947 | $23.4M | Reduce -1.5% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.96% | 248,261 | $23.4M | Add +0.5% |
| IJS iShares S&P Small-Cap 600 Va | 0.92% | 197,265 | $22.4M | Reduce -0.3% |
| IJT iShares S&P Small-Cap 600 GR | 0.92% | 157,685 | $22.3M | Reduce -0.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.91% | 144,676 | $22.2M | Reduce -0.4% |
| ROK Rockwell Automation Inc. | 0.91% | 56,594 | $22.0M | Add +1.1% |
| SCHC Schwab Intl Small-Cap Equity | 0.90% | 478,110 | $21.8M | Add +2.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.87% | 198,722 | $21.2M | Reduce -0.2% |
| KLAC KLA Corp. | 0.86% | 17,225 | $20.9M | Reduce -2.6% |
| HLI Houlihan Lokey Inc. | 0.85% | 118,845 | $20.7M | Reduce -0.1% |
| AXP American Express Co. | 0.85% | 55,599 | $20.6M | Reduce -0.3% |
| IVE iShares S&P 500 Value ETF | 0.84% | 96,773 | $20.5M | Reduce -0.1% |
| EME Emcor Group Inc. | 0.83% | 32,953 | $20.2M | Reduce -4.1% |
| ULTA Ulta Beauty Inc. | 0.81% | 32,529 | $19.7M | Add +1.1% |
| MCO Moody's Corp. | 0.77% | 36,858 | $18.8M | Reduce -0.6% |
| IWD iShares Russell 1000 Value E | 0.77% | 88,681 | $18.7M | Reduce -0.4% |
| ESE Esco Technologies Inc. | 0.77% | 95,334 | $18.6M | Reduce -1.7% |
| LECO Lincoln Electric Holdings | 0.76% | 77,489 | $18.6M | Reduce -0.3% |
| TDY Teledyne Technologies Inc. | 0.76% | 36,111 | $18.4M | Add +2.1% |
| WMT Walmart Inc. | 0.73% | 159,039 | $17.7M | Reduce -1.0% |
| ORCL Oracle Corp. | 0.73% | 90,784 | $17.7M | Reduce -3.0% |
| NDAQ Nasdaq Inc. | 0.70% | 175,489 | $17.0M | Add +4.5% |
| STE Steris PLC | 0.70% | 67,060 | $17.0M | Add +1.2% |
| AME Ametek Inc. | 0.69% | 81,328 | $16.7M | Add +2.5% |
| META Meta Platforms Inc. Class A | 0.68% | 24,946 | $16.5M | Add +2.2% |
| CW Curtiss-Wright Corp. | 0.68% | 29,825 | $16.4M | Reduce -6.1% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.67% | 180,076 | $16.4M | Add +0.7% |
| MCK McKesson Corp. | 0.63% | 18,708 | $15.3M | Add +0.7% |
| URI United Rentals Inc. | 0.63% | 18,912 | $15.3M | Add +4.3% |
| TRV The Travelers Cos Inc. | 0.63% | 52,470 | $15.2M | Reduce -1.3% |
| CSCO Cisco Systems Inc. | 0.61% | 192,917 | $14.9M | Reduce -1.2% |
| EXPD Expeditors Intl Wash Inc. | 0.60% | 98,512 | $14.7M | Add +2.0% |
| PH Parker Hannifin Corp. | 0.60% | 16,695 | $14.7M | Add +0.1% |
| SYK Stryker Corp. | 0.58% | 40,461 | $14.2M | Add +3.3% |
| NDSN Nordson Corp. | 0.56% | 57,016 | $13.7M | Reduce -1.6% |
| ADI Analog Devices Inc. | 0.56% | 50,454 | $13.7M | Add +2.9% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.56% | 140,677 | $13.6M | Reduce -0.9% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.56% | 103,497 | $13.6M | Reduce -1.4% |
| EMR Emerson Electric Co. | 0.55% | 100,905 | $13.4M | Add +1.9% |
| MLM Martin Marietta Materials | 0.54% | 21,039 | $13.1M | Add +4.0% |
| BR Broadridge Financial Solutio | 0.53% | 57,856 | $12.9M | Add +3.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.53% | 226,659 | $12.9M | Reduce -0.7% |
| PGR Progressive Corp. | 0.53% | 56,299 | $12.8M | Reduce -0.7% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.52% | 45,616 | $12.7M | Add +1.4% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.52% | 178,992 | $12.6M | Reduce -0.6% |
| PG The Procter & Gamble Co. | 0.51% | 86,169 | $12.3M | Reduce -0.7% |
| V Visa Inc. Class A | 0.51% | 35,189 | $12.3M | Add +1.1% |
| CSX CSX Corp. | 0.51% | 340,028 | $12.3M | Add +0.5% |
| SSNC Ss&c Technologies Holdings | 0.50% | 139,846 | $12.2M | Reduce -0.7% |
| LHX L3HARRIS Technologies Inc. | 0.50% | 41,025 | $12.0M | Add +10.1% |
| MRK Merck & Co. Inc. | 0.49% | 113,997 | $12.0M | Add +0.3% |
| GRMN Garmin Ltd. | 0.49% | 59,149 | $12.0M | Reduce -3.4% |
| PLXS Plexus Corp. | 0.49% | 81,230 | $11.9M | Reduce -0.3% |
| JNJ Johnson & Johnson | 0.49% | 57,615 | $11.9M | Add +2.5% |
| NTAP Netapp Inc. | 0.49% | 110,736 | $11.9M | Reduce -2.4% |
| CACI Caci International Inc. Class A | 0.48% | 21,748 | $11.6M | Reduce -0.2% |
| PKG Packaging Corp. of America | 0.47% | 55,326 | $11.4M | Reduce -0.7% |
| INTU Intuit Inc. | 0.47% | 17,208 | $11.4M | Reduce -1.5% |
| APH Amphenol Corp. Class A | 0.43% | 77,671 | $10.5M | Reduce -0.5% |
| CMI Cummins Inc. | 0.40% | 19,144 | $9.8M | Reduce -0.5% |
| SNPS Synopsys Inc. | 0.40% | 20,732 | $9.7M | Reduce -0.9% |
| TSCO Tractor Supply Company | 0.40% | 192,289 | $9.6M | Add +6.7% |
| AON Aon PLC Class A | 0.38% | 26,518 | $9.4M | Reduce -0.4% |
| IJR iShares Core S&P Small-Cap E | 0.38% | 77,853 | $9.4M | Add +0.6% |
| TXN Texas Instruments Inc. | 0.38% | 53,407 | $9.3M | Add +0.1% |
| SNA Snap-on Inc. | 0.38% | 26,868 | $9.3M | Reduce -0.6% |
| AMAT Applied Materials Inc. | 0.38% | 35,755 | $9.2M | Add +2.6% |
| EXLS Exlservice Holdings Inc. | 0.38% | 215,979 | $9.2M | Add +0.4% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.37% | 18,810 | $9.0M | Add +0.1% |
| ROP Roper Technologies Inc. | 0.37% | 20,265 | $9.0M | Add +4794.9% |
| BKNG Booking Holdings Inc. | 0.37% | 1,675 | $9.0M | Add +2.3% |
| COST Costco Wholesale Corp. | 0.37% | 10,381 | $9.0M | Reduce -4.8% |
| FDX FedEx Corp. | 0.37% | 30,819 | $8.9M | Reduce -0.2% |
| PLUS Eplus Inc. | 0.36% | 100,657 | $8.8M | Add +0.4% |
| AMGN Amgen Inc. | 0.36% | 26,854 | $8.8M | Reduce -0.1% |
| CSGS CSG Systems Intl Inc. | 0.36% | 114,286 | $8.8M | Reduce -0.8% |
| LH Labcorp Holdings Inc. | 0.36% | 34,741 | $8.7M | Reduce -2.3% |
| XOM Exxon Mobil Corp. | 0.36% | 72,072 | $8.7M | Add +3.0% |
| CME Cme Group Inc. | 0.36% | 31,700 | $8.7M | Add +3.7% |
| LFUS Littelfuse Inc. | 0.35% | 34,050 | $8.6M | Add +1.1% |
| FERG Ferguson Enterprises Inc. | 0.35% | 38,659 | $8.6M | Reduce -1.2% |
| IJH iShares Core S&P Midcap ETF | 0.35% | 130,261 | $8.6M | Reduce -0.2% |
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 | $868 | No change |
Lines left out (1) · $11 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| IEMG iShares Core MSCI Emerging | CORE MSCI EMKT | 0 | $11 |
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: $2.4B.
Portfolio Sells Q3 2025 → Q4 2025
| GLW Corning Inc. | Reduce -63.3% | 0.28% | −0.46 |
| ORCL Oracle Corp. | Reduce -3.0% | 0.73% | −0.38 |
| TER Teradyne Inc. | Reduce -77.0% | 0.17% | −0.36 |
| HLI Houlihan Lokey Inc. | Reduce -0.1% | 0.85% | −0.17 |
| MSFT Microsoft Corp. | Reduce -0.4% | 1.44% | −0.14 |
| GRMN Garmin Ltd. | Reduce -3.4% | 0.49% | −0.14 |
| EME Emcor Group Inc. | Reduce -4.1% | 0.83% | −0.11 |
| ESE Esco Technologies Inc. | Reduce -1.7% | 0.77% | −0.09 |
| NTAP Netapp Inc. | Reduce -2.4% | 0.49% | −0.08 |
| LH Labcorp Holdings Inc. | Reduce -2.3% | 0.36% | −0.07 |
| WRB WR Berkley Corp. | Reduce -0.6% | 0.52% | −0.06 |
| PGR Progressive Corp. | Reduce -0.7% | 0.53% | −0.06 |
| EMN Eastman Chemical Co. | Reduce -73.1% | 0.02% | −0.06 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -3.4% | 0.19% | −0.06 |
| COST Costco Wholesale Corp. | Reduce -4.8% | 0.37% | −0.06 |
| APD Air Products & Chemicals Inc. | Reduce -5.2% | 0.28% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -0.7% | 0.51% | −0.05 |
| NSIT Insight Enterprises Inc. | Reduce -6.7% | 0.10% | −0.05 |
| CW Curtiss-Wright Corp. | Reduce -6.1% | 0.68% | −0.05 |
| PKG Packaging Corp. of America | Reduce -0.7% | 0.47% | −0.04 |
| DGX Quest Diagnostics Inc. | Reduce -2.0% | 0.27% | −0.04 |
| DVA Davita Inc. | Reduce -1.2% | 0.19% | −0.04 |
| PRGS Progress Software Corp. | Reduce -17.8% | 0.14% | −0.04 |
| SNPS Synopsys Inc. | Reduce -0.9% | 0.40% | −0.03 |
| INTU Intuit Inc. | Reduce -1.5% | 0.47% | −0.03 |
| SLGN Silgan Holdings Inc. | Reduce -5.5% | 0.20% | −0.03 |
| ATR Aptargroup Inc. | Reduce -0.6% | 0.23% | −0.03 |
| TNET Trinet Group Inc. | Reduce -13.4% | 0.09% | −0.03 |
| MANH Manhattan Associates Inc. | Reduce -4.6% | 0.10% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.1% | 1.14% | −0.03 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -0.2% | 0.92% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -8.7% | 0.14% | −0.02 |
| SSNC Ss&c Technologies Holdings | Reduce -0.7% | 0.50% | −0.02 |
| IVW iShares S&P 500 Growth ETF | Reduce -2.1% | 1.01% | −0.02 |
| SEE Sealed Air Corp. | Reduce -45.0% | 0.04% | −0.02 |
| FNF Fidelity National Financial | Reduce -1.9% | 0.14% | −0.02 |
| IWP iShares Russell Mid-Cap Grow | Reduce -0.3% | 0.33% | −0.02 |
| SJM The JM Smucker Co. | Reduce -0.1% | 0.15% | −0.02 |
| PAYX Paychex Inc. | Reduce -7.9% | 0.08% | −0.02 |
| ADBE Adobe Inc. | Reduce -5.4% | 0.21% | −0.02 |
| CPRT Copart Inc. | Reduce -2.6% | 0.09% | −0.02 |
| CHD Church & Dwight Co. Inc. | Reduce -7.7% | 0.12% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -0.7% | 1.02% | −0.02 |
| WSO Watsco Inc. | Reduce -13.3% | 0.04% | −0.02 |
| KAI Kadant Inc. | Reduce -4.0% | 0.15% | −0.02 |
| GGG Graco Inc. | Reduce -2.2% | 0.19% | −0.02 |
| OMC Omnicom Group | Reduce -5.5% | 0.17% | −0.02 |
| GIB Cgi Inc. | Reduce -10.6% | 0.15% | −0.02 |
| FERG Ferguson Enterprises Inc. | Reduce -1.2% | 0.35% | −0.02 |
| AON Aon PLC Class A | Reduce -0.4% | 0.38% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| ROP Roper Technologies Inc. | Add +4794.9% | 0.37% | +0.36 |
| WM Waste Management Inc. | Add +2414.0% | 0.23% | +0.23 |
| IT Gartner Inc. | Add +111.7% | 0.27% | +0.13 |
| EXPD Expeditors Intl Wash Inc. | Add +2.0% | 0.60% | +0.11 |
| DPZ Domino's Pizza Inc. | Add +247.2% | 0.15% | +0.11 |
| MRK Merck & Co. Inc. | Add +0.3% | 0.49% | +0.09 |
| ROK Rockwell Automation Inc. | Add +1.1% | 0.91% | +0.08 |
| QLYS Qualys Inc. | Add +6727.1% | 0.08% | +0.08 |
| AMAT Applied Materials Inc. | Add +2.6% | 0.38% | +0.08 |
| NDAQ Nasdaq Inc. | Add +4.5% | 0.70% | +0.08 |
| IDV iShares International Select | Add +0.7% | 1.23% | +0.07 |
| PH Parker Hannifin Corp. | Add +0.1% | 0.60% | +0.07 |
| MKSI MKS Inc. | Add +3.0% | 0.31% | +0.07 |
| ULTA Ulta Beauty Inc. | Add +1.1% | 0.81% | +0.07 |
| PLUS Eplus Inc. | Add +0.4% | 0.36% | +0.06 |
| AME Ametek Inc. | Add +2.5% | 0.69% | +0.06 |
| ADI Analog Devices Inc. | Add +2.9% | 0.56% | +0.06 |
| JNJ Johnson & Johnson | Add +2.5% | 0.49% | +0.05 |
| MSA Msa Safety Inc. | New | 0.05% | +0.05 |
| SCHF Schwab Intl Equity ETF | Add +2.4% | 1.27% | +0.04 |
| AMKR Amkor Technology Inc. | Add +3.4% | 0.15% | +0.04 |
| BRO Brown & Brown Inc. | Add +38.4% | 0.32% | +0.04 |
| FLGB Franklin Ftse United Kingdom | Add +1.3% | 1.08% | +0.04 |
| LDOS Leidos Holdings Inc. | Add +445.9% | 0.04% | +0.03 |
| JKHY Jack Henry & Associates Inc. | Add +1294.5% | 0.03% | +0.03 |
| PCAR Paccar Inc. | Add +1.1% | 0.31% | +0.03 |
| KNX Knight-Swift Transportation | Add +3.3% | 0.11% | +0.03 |
| MCK McKesson Corp. | Add +0.7% | 0.63% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +5.2% | 0.14% | +0.03 |
| XOM Exxon Mobil Corp. | Add +3.0% | 0.36% | +0.03 |
| SPGI S&P Global Inc. | Add +2.9% | 0.33% | +0.02 |
| SCHW Schwab (charles) Corp. | Add +5.2% | 0.30% | +0.02 |
| ACN Accenture PLC Class A | Add +3.1% | 0.24% | +0.02 |
| FNB FNB Corp. | Add +23.5% | 0.10% | +0.02 |
| CPAY Corpay Inc. | Add +12.1% | 0.16% | +0.02 |
| AIZ Assurant Inc. | Add +2.3% | 0.19% | +0.02 |
| ICE Intercontinental Exchange Inc. | Add +13.4% | 0.30% | +0.02 |
| HSIC Henry Schein Inc. | Add +0.6% | 0.16% | +0.02 |
| LHX L3HARRIS Technologies Inc. | Add +10.1% | 0.50% | +0.02 |
| ALSN Allison Transmission Holding | Add +6.5% | 0.10% | +0.02 |
| MDYG SS SPDR S&P 400 MC GR ETF | Add +2.5% | 1.23% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +1.1% | 1.13% | +0.02 |
| LULU Lululemon Athletica Inc. | Add +613.5% | 0.02% | +0.02 |
| DCI Donaldson Co. Inc. | Add +2.2% | 0.20% | +0.02 |
| BAC Bank of America Corp. | Add +0.7% | 0.31% | +0.02 |
| UHS Universal Health Services-B | Add +0.2% | 0.32% | +0.01 |
| SGOV iShares 0-3 Month Treasury B | Add +70.7% | 0.03% | +0.01 |
| PYPL PayPal Holdings Inc. | Add +43.7% | 0.07% | +0.01 |
| OSK Oshkosh Corp. | Add +11.1% | 0.24% | +0.01 |
| WFC Wells Fargo & Co. | Add +1.3% | 0.13% | +0.01 |
Notes & Other Activity Q3 2025 → Q4 2025
| IEMG iShares Core MSCI Emerging | CORE MSCI EMKT | 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 | 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 |