Horizon Investment Services, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 5, 2025), Horizon Investment Services, LLC reported 110 stock positions worth $205.9 million. Its top holding was Nvidia (NVDA) at 6.0% of the portfolio, followed by Vanguard S/T Corp. Bond ETF (VCSH, 5.0%) and SS SPDR P High Yield ETF (SPHY, 4.0%). Compared with Q4 2024, it opened 10 new positions, sold out of 23, added to 40 and reduced 56. The biggest buy was Northern Trust (NTRS, shares +260%) and the biggest sale an exit from Parker Hannifin (PH).

Most Recent 13F
Q2 2026
Location
HAMMOND, IN
CIK
0001426940
Portfolio Value
$205.9M (Q1 2025)
SEC Filing
0001085146-25-002606 ↗ filed May 5, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $204.3M Q1 2024 Q2 2024: $212.1M Q2 2024 Q3 2024: $234.0M Q3 2024 Q4 2024: $235.2M Q4 2024 Q1 2025: $205.9M $205.9M Q1 2025 Q2 2025: $228.2M Q2 2025 Q3 2025: $264.9M Q3 2025 Q4 2025: $277.9M Q4 2025 Q1 2026: $287.5M Q1 2026 Q2 2026: $359.5M Q2 2026

Holdings 110 stocks · $205.9M
NVDA Nvidia Corp. 6.05% 114,904 $12.5M Add +22.8%
VCSH Vanguard S/T Corp. Bond ETF 5.03% 131,062 $10.3M Add +2.6%
SPHY SS SPDR P High Yield ETF 3.96% 348,241 $8.2M Add +7.7%
MSFT Microsoft Corp. 3.74% 20,518 $7.7M Reduce -2.7%
GOOGL Alphabet Inc. Class A 3.64% 48,516 $7.5M Add +1.6%
AAPL Apple Inc. 3.43% 31,807 $7.1M Reduce -2.4%
V Visa Inc. Class A 2.90% 17,038 $6.0M Add +7.6%
CB Chubb Ltd. 2.90% 19,751 $6.0M Add +0.5%
AVGO Broadcom Inc. 2.66% 32,675 $5.5M Reduce -11.5%
FISV Fiserv Inc. 2.64% 24,610 $5.4M Add +1.9%
META Meta Platforms Inc. Class A 2.58% 9,204 $5.3M Add +2.9%
PGR Progressive Corp. 2.56% 18,643 $5.3M Add +6.5%
APP AppLovin Corp. Class A 2.56% 19,883 $5.3M Reduce -35.6%
AMZN Amazon.com Inc. 2.43% 26,268 $5.0M Add +9.2%
HIG Hartford Insurance Group Inc. 2.12% 35,252 $4.4M Reduce -11.6%
TMUS T-Mobile US Inc. 1.99% 15,352 $4.1M Add +2.7%
AXP American Express Co. 1.97% 15,083 $4.1M Reduce -0.8%
QCOM Qualcomm Inc. 1.83% 24,520 $3.8M Reduce -4.3%
FBND Fidelity Total Bond ETF 1.74% 78,561 $3.6M Add +2.5%
NTRS Northern Trust Corp. 1.68% 35,101 $3.5M Add +260.4%
SPY SS SPDR S&P 500 ETF Trust-US 1.61% 5,933 $3.3M Add +8.6%
IWB iShares Russell 1000 ETF 1.60% 10,746 $3.3M Reduce -8.8%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 1.54% 10,285 $3.2M Reduce -7.5%
EME Emcor Group Inc. 1.46% 8,131 $3.0M Reduce -4.2%
IDMO Invesco S&P International DE 1.45% 67,742 $3.0M Add +150.4%
ESQ Esquire Financial Holdings I 1.42% 38,911 $2.9M Add +16.5%
BKNG Booking Holdings Inc. 1.35% 603 $2.8M Reduce -0.8%
AEE Ameren Corporation 1.28% 26,239 $2.6M Add +41.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.27% 26,447 $2.6M Add +132.4%
FIX Comfort Systems USA Inc. 1.09% 6,960 $2.2M Add +2.3%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 1.02% 16,328 $2.1M Reduce -4.0%
DOCU Docusign Inc. 0.95% 24,024 $2.0M Add +351.3%
UNH Unitedhealth Group Inc. 0.89% 3,513 $1.8M Reduce -7.5%
RMD Resmed Inc. 0.84% 7,699 $1.7M Add +9.3%
AMAT Applied Materials Inc. 0.83% 11,844 $1.7M Reduce -67.0%
STRL Sterling Infrastructure Inc. 0.77% 14,064 $1.6M Reduce -13.9%
MWA Mueller Water Products Inc. Class A 0.77% 62,108 $1.6M Add +76.6%
GOOG Alphabet Inc. Class C 0.75% 9,907 $1.5M Add +6.5%
IMCG iShares Morningstar Mid-Cap 0.74% 21,223 $1.5M Reduce -4.1%
ACIW Aci Worldwide Inc. 0.72% 26,973 $1.5M Reduce -10.1%
VONV Vanguard Russell 1000 Value 0.68% 16,957 $1.4M No change
PLMR Palomar Holdings Inc. 0.65% 9,833 $1.3M Add +22.5%
SPMO Invesco S&P 500 Momentum ETF 0.61% 13,483 $1.2M Add +1.1%
FESM Fidelity Enhanced Small Cap 0.59% 41,407 $1.2M Add +74.4%
CPRX Catalyst Pharmaceuticals Inc. 0.59% 49,995 $1.2M Add +26.5%
PRIM Primoris Services Corp. 0.58% 20,702 $1.2M Add +16.6%
LLY Eli Lilly & Co. 0.58% 1,435 $1.2M Reduce -0.6%
IVOV Vanguard S&P Mid-Cap 400 Val 0.54% 11,993 $1.1M Add +45.6%
TMO Thermo Fisher Scientific Inc. 0.51% 2,126 $1.1M Reduce -8.8%
GMED Globus Medical Inc. Class A 0.51% 14,335 $1.0M New
EOG EOG Resources Inc. 0.49% 7,921 $1.0M Reduce -7.6%
POWL Powell Industries Inc. 0.49% 5,869 $1000K Reduce -19.7%
BND Vanguard Total Bond Market 0.46% 12,960 $952K Reduce -7.3%
HALO Halozyme Therapeutics Inc. 0.45% 14,466 $923K Add +204.0%
IGIB iShares 5-10Y Inv Grade Corp. 0.43% 16,943 $890K Reduce -0.1%
VUG Vanguard Mrngstar GR ETF-Sui 0.42% 2,350 $872K Reduce -2.6%
VEA Vanguard Ftse Developed ETF 0.39% 15,726 $799K Reduce -56.8%
DGRO iShares Core Dividend Growth 0.37% 12,369 $764K Reduce -12.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.37% 4,399 $760K Reduce -3.9%
TSLA Tesla Inc. 0.36% 2,876 $745K Reduce -3.8%
VYM Vanguard High DVD Yield ETF 0.36% 5,731 $739K Reduce -0.9%
BP BP PLC-Spons ADR 0.35% 21,255 $718K Reduce -0.8%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.34% 711 $702K Reduce -7.8%
ISCF iShares International Small 0.33% 20,114 $677K Add +0.3%
SCHB Schwab US Broad Market ETF 0.32% 30,490 $656K Reduce -5.8%
PM Philip Morris International 0.28% 3,621 $575K Reduce -2.0%
SCHD Schwab US DVD Equity ETF 0.27% 19,522 $546K Reduce -2.0%
XOM Exxon Mobil Corp. 0.26% 4,574 $544K Add +1.6%
NRG NRG Energy Inc. 0.26% 5,652 $540K Reduce -8.3%
VTI VG Morningstar TS MKT ETF-US 0.26% 1,949 $536K Reduce -9.9%
NFG National Fuel Gas Co. 0.25% 6,618 $524K Add +2.5%
NEE Nextera Energy Inc. 0.24% 7,094 $503K Reduce -80.1%
IWF iShares Russell 1000 Growth 0.23% 1,319 $476K Reduce -1.0%
NI Nisource Inc. 0.23% 11,562 $464K Reduce -0.9%
ATO Atmos Energy Corp. 0.22% 2,905 $449K Reduce -0.9%
ARIS WATER SOLUTIONS INC-A 0.21% 13,269 $425K New
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC 0.20% 4,100 $413K New
CMCSA Comcast Corp. Class A 0.18% 10,304 $380K Reduce -21.2%
WEC WEC Energy Group Inc. 0.18% 3,473 $379K New
IWD iShares Russell 1000 Value E 0.17% 1,911 $360K Reduce -1.0%
JPM JPMorgan Chase & Co. 0.17% 1,426 $350K Reduce -1.7%
PG The Procter & Gamble Co. 0.17% 2,043 $348K Reduce -4.0%
IVV iShares Core S&P 500 ETF 0.17% 604 $340K No change
EFA iShares MSCI Eafe ETF 0.16% 4,122 $337K No change
DUK Duke Energy Corp. 0.16% 2,759 $337K Reduce -1.9%
DORM Dorman Products Inc. 0.16% 2,730 $329K Reduce -12.9%
WMT Walmart Inc. 0.16% 3,734 $328K Add +5.6%
XEL Xcel Energy Inc. 0.16% 4,585 $325K Add +8.2%
IJR iShares Core S&P Small-Cap E 0.16% 3,093 $323K No change
FNDA Schwab Fndmntl US SM Co. ETF 0.15% 11,266 $309K Reduce -61.6%
NJR New Jersey Resources Corp. 0.14% 6,077 $298K New
EVRG Evergy Inc. 0.14% 4,302 $297K Add +1.5%
SR Spire Inc. 0.14% 3,612 $283K Add +2.5%
LNTH Lantheus Holdings Inc. 0.14% 2,891 $282K New
VBR Vngrd Mrngst SL-CP Val ETF-U 0.14% 1,494 $278K Reduce -0.3%
UGI Ugi Corp. 0.13% 8,050 $266K New
NXT Nextpower Inc. filed as NEXTRACKER INC 0.13% 6,305 $266K New
ABBV Abbvie Inc. 0.13% 1,230 $258K Reduce -5.4%
PEP Pepsico Inc. 0.12% 1,706 $256K Reduce -5.1%
ADP Automatic Data Processing 0.12% 775 $237K Reduce -2.5%
COST Costco Wholesale Corp. 0.11% 250 $236K Reduce -0.4%
NVO Novo-Nordisk A/S-Spons ADR 0.11% 3,330 $231K Reduce -10.0%
MA Mastercard Inc. Class A 0.11% 419 $230K Add +6.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.11% 878 $227K Add +4.8%
MCD McDonald's Corp. 0.11% 715 $224K Add +1.0%
HD Home Depot Inc. 0.11% 596 $219K Reduce -6.1%
JBL Jabil Inc. 0.10% 1,579 $215K New
MO Altria Group Inc. 0.10% 3,480 $209K New
VBK Van Morst SML-Cap Gro-Usd Inc. 0.10% 808 $203K Reduce -1.5%
IGSB iShares 1-5Y Inv Grade Corp. 0.10% 3,872 $203K Reduce -4.9%

Portfolio Sells Q4 2024 → Q1 2025
PH Parker Hannifin Corp. Sold out 0.00% −1.97
APP AppLovin Corp. Class A Reduce -35.6% 2.56% −1.69
AMAT Applied Materials Inc. Reduce -67.0% 0.83% −1.65
NTAP Netapp Inc. Sold out 0.00% −1.30
BAC Bank of America Corp. Sold out 0.00% −1.11
AVGO Broadcom Inc. Reduce -11.5% 2.66% −0.98
LDOS Leidos Holdings Inc. Sold out 0.00% −0.94
DELL Dell Technologies -C Sold out 0.00% −0.91
NEE Nextera Energy Inc. Reduce -80.1% 0.24% −0.84
UTHR United Therapeutics Corp. Sold out 0.00% −0.49
AGX Argan Inc. Sold out 0.00% −0.48
ENVA Enova International Inc. Sold out 0.00% −0.45
STRL Sterling Infrastructure Inc. Reduce -13.9% 0.77% −0.40
VEA Vanguard Ftse Developed ETF Reduce -56.8% 0.39% −0.35
OKE Oneok Inc. Sold out 0.00% −0.31
ATLC Atlanticus Holdings Corp. Sold out 0.00% −0.26
VOE Vngrd Mrngstr MD-Cap Val ETF Sold out 0.00% −0.23
FNDA Schwab Fndmntl US SM Co. ETF Reduce -61.6% 0.15% −0.22
POWL Powell Industries Inc. Reduce -19.7% 0.49% −0.20
VCTR Victory Capital Holding - A Sold out 0.00% −0.20
EME Emcor Group Inc. Reduce -4.2% 1.46% −0.18
AAMI Acadian Asset Management Inc. Sold out 0.00% −0.18
TSLA Tesla Inc. Reduce -3.8% 0.36% −0.15
SLYG SS SPDR S&P 600 SC GR ETF Sold out 0.00% −0.15
ETR Entergy Corp. Sold out 0.00% −0.14
LRN Stride Inc. Sold out 0.00% −0.14
AVA Avista Corp. Sold out 0.00% −0.12
VRT Vertiv Holdings Co. Class A Sold out 0.00% −0.12
BOX Box Inc. Class A Sold out 0.00% −0.10
POR Portland General Electric Co. Sold out 0.00% −0.10
BA The Boeing Co. Sold out 0.00% −0.09
IWR iShares Russell Mid-Cap ETF Sold out 0.00% −0.09
PFXF Vaneck Pref Sec X-Financials Sold out 0.00% −0.09
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -7.5% 1.54% −0.08
MSFT Microsoft Corp. Reduce -2.7% 3.74% −0.04
AAPL Apple Inc. Reduce -2.4% 3.43% −0.04
CMCSA Comcast Corp. Class A Reduce -21.2% 0.18% −0.02
NVO Novo-Nordisk A/S-Spons ADR Reduce -10.0% 0.11% −0.02
IWB iShares Russell 1000 ETF Reduce -8.8% 1.60% −0.01
DORM Dorman Products Inc. Reduce -12.9% 0.16% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -9.9% 0.26% −0.01
GWW WW Grainger Inc. Reduce -7.8% 0.34% −0.00
TMO Thermo Fisher Scientific Inc. Reduce -8.8% 0.51% −0.00
HD Home Depot Inc. Reduce -6.1% 0.11% +0.00
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -1.5% 0.10% +0.00
DGRO iShares Core Dividend Growth Reduce -12.6% 0.37% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Reduce -2.6% 0.42% +0.00
IWF iShares Russell 1000 Growth Reduce -1.0% 0.23% +0.00
SCHB Schwab US Broad Market ETF Reduce -5.8% 0.32% +0.01
PEP Pepsico Inc. Reduce -5.1% 0.12% +0.01

Portfolio Buys Q4 2024 → Q1 2025
NTRS Northern Trust Corp. Add +260.4% 1.68% +1.26
IDMO Invesco S&P International DE Add +150.4% 1.45% +0.99
VCSH Vanguard S/T Corp. Bond ETF Add +2.6% 5.03% +0.79
PGR Progressive Corp. Add +6.5% 2.56% +0.78
V Visa Inc. Class A Add +7.6% 2.90% +0.77
DOCU Docusign Inc. Add +351.3% 0.95% +0.75
SPHY SS SPDR P High Yield ETF Add +7.7% 3.96% +0.73
DIS The Walt Disney Co. Add +132.4% 1.27% +0.73
NVDA Nvidia Corp. Add +22.8% 6.05% +0.70
CB Chubb Ltd. Add +0.5% 2.90% +0.59
TMUS T-Mobile US Inc. Add +2.7% 1.99% +0.59
AEE Ameren Corporation Add +41.4% 1.28% +0.58
FISV Fiserv Inc. Add +1.9% 2.64% +0.53
GMED Globus Medical Inc. Class A New 0.51% +0.51
MWA Mueller Water Products Inc. Class A Add +76.6% 0.77% +0.43
HALO Halozyme Therapeutics Inc. Add +204.0% 0.45% +0.35
META Meta Platforms Inc. Class A Add +2.9% 2.58% +0.35
ESQ Esquire Financial Holdings I Add +16.5% 1.42% +0.30
PLMR Palomar Holdings Inc. Add +22.5% 0.65% +0.29
FBND Fidelity Total Bond ETF Add +2.5% 1.74% +0.28
FESM Fidelity Enhanced Small Cap Add +74.4% 0.59% +0.27
SPY SS SPDR S&P 500 ETF Trust-US Add +8.6% 1.61% +0.25
CPRX Catalyst Pharmaceuticals Inc. Add +26.5% 0.59% +0.24
ARIS WATER SOLUTIONS INC-A New 0.21% +0.21
IVOV Vanguard S&P Mid-Cap 400 Val Add +45.6% 0.54% +0.20
CVSA Covista Inc. New 0.20% +0.20
AMZN Amazon.com Inc. Add +9.2% 2.43% +0.18
WEC WEC Energy Group Inc. New 0.18% +0.18
RMD Resmed Inc. Add +9.3% 0.84% +0.15
NJR New Jersey Resources Corp. New 0.14% +0.14
LNTH Lantheus Holdings Inc. New 0.14% +0.14
UGI Ugi Corp. New 0.13% +0.13
NXT Nextpower Inc. New 0.13% +0.13
JBL Jabil Inc. New 0.10% +0.10
MO Altria Group Inc. New 0.10% +0.10
NFG National Fuel Gas Co. Add +2.5% 0.25% +0.09
SPMO Invesco S&P 500 Momentum ETF Add +1.1% 0.61% +0.07
XOM Exxon Mobil Corp. Add +1.6% 0.26% +0.06
ISCF iShares International Small Add +0.3% 0.33% +0.05
XEL Xcel Energy Inc. Add +8.2% 0.16% +0.04
SR Spire Inc. Add +2.5% 0.14% +0.04
EVRG Evergy Inc. Add +1.5% 0.14% +0.03
WMT Walmart Inc. Add +5.6% 0.16% +0.02
MA Mastercard Inc. Class A Add +6.3% 0.11% +0.02
MCD McDonald's Corp. Add +1.0% 0.11% +0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +4.8% 0.11% +0.02
PRIM Primoris Services Corp. Add +16.6% 0.58% +0.00
GOOG Alphabet Inc. Class C Add +6.5% 0.75% −0.00
FIX Comfort Systems USA Inc. Add +2.3% 1.09% −0.14
GOOGL Alphabet Inc. Class A Add +1.6% 3.64% −0.20

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 143$359.5MLRCX, NVDA, MU, GOOGL, VCSH
Q1 2026 137$287.5MNVDA, VCSH, GOOGL, LRCX, AVGO
Q4 2025 139$277.9MNVDA, VCSH, GOOGL, APP, AVGO
Q3 2025 133$264.9MNVDA, VCSH, APP, GOOGL, MSFT
Q2 2025 122$228.2MNVDA, VCSH, MSFT, AVGO, GOOGL
Q1 2025 110$205.9MNVDA, VCSH, SPHY, MSFT, GOOGL
Q4 2024 123$235.2MNVDA, APP, VCSH, GOOGL, MSFT
Q3 2024 122$234.0MNVDA, VCSH, MSFT, GOOGL, AMAT
Q2 2024 109$212.1MNVDA, MSFT, LRCX, AMAT, VCSH
Q1 2024 114$204.3MMSFT, LRCX, NVDA, AMAT, VCSH