Horizon Investment Services, LLC

Name: Horizon Investment Services, LLC 13F holdings, Q2 2025
Creator: Horizon Investment Services, LLC
Published: 2025-08-06

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Horizon Investment Services, LLC reported 122 stock positions worth $228.2 million. Its top holding was Nvidia (NVDA) at 8.0% of the portfolio, followed by Vanguard S/T Corp. Bond ETF (VCSH, 4.7%) and Microsoft (MSFT, 4.4%). Compared with Q1 2025, it opened 20 new positions, sold out of 8, added to 21 and reduced 69. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale an exit from Fiserv (FISV).

Most Recent 13F: Q2 2026
Location: HAMMOND, IN
CIK: 0001426940
Portfolio Value: $228.2M (Q2 2025)
SEC Filing: 0001085146-25-004575 ↗ filed Aug 6, 2025

Holdings Value

Holdings 122 stocks · $228.2M


NVDA Nvidia Corp.	7.98%	115,356	$18.2M	Add +0.4%
VCSH Vanguard S/T Corp. Bond ETF	4.67%	134,020	$10.7M	Add +2.3%
MSFT Microsoft Corp.	4.36%	20,011	$10.0M	Reduce -2.5%
AVGO Broadcom Inc.	3.77%	31,251	$8.6M	Reduce -4.4%
GOOGL Alphabet Inc. Class A	3.65%	47,239	$8.3M	Reduce -2.6%
SPHY SS SPDR P High Yield ETF	3.47%	333,188	$7.9M	Reduce -4.3%
META Meta Platforms Inc. Class A	2.87%	8,875	$6.6M	Reduce -3.6%
APP AppLovin Corp. Class A	2.83%	18,482	$6.5M	Reduce -7.0%
AAPL Apple Inc.	2.74%	30,503	$6.3M	Reduce -4.1%
V Visa Inc. Class A	2.55%	16,416	$5.8M	Reduce -3.6%
CB Chubb Ltd.	2.35%	18,514	$5.4M	Reduce -6.3%
AMZN Amazon.com Inc.	2.26%	23,544	$5.2M	Reduce -10.4%
PGR Progressive Corp.	2.06%	17,589	$4.7M	Reduce -5.7%
HIG Hartford Insurance Group Inc.	1.83%	32,926	$4.2M	Reduce -6.6%
AXP American Express Co.	1.82%	13,010	$4.2M	Reduce -13.7%
EME Emcor Group Inc.	1.81%	7,744	$4.1M	Reduce -4.8%
NTRS Northern Trust Corp.	1.70%	30,621	$3.9M	Reduce -12.8%
IDMO Invesco S&P International DE	1.67%	74,211	$3.8M	Add +9.6%
SPY SS SPDR S&P 500 ETF Trust-US	1.60%	5,925	$3.7M	Reduce -0.1%
MGK Vngrd Mrgstr MG CP GR ETF-Ui	1.59%	9,897	$3.6M	Reduce -3.8%
QCOM Qualcomm Inc.	1.55%	22,174	$3.5M	Reduce -9.6%
IWB iShares Russell 1000 ETF	1.54%	10,329	$3.5M	Reduce -3.9%
BKNG Booking Holdings Inc.	1.53%	605	$3.5M	Add +0.3%
FIX Comfort Systems USA Inc.	1.50%	6,366	$3.4M	Reduce -8.5%
FBND Fidelity Total Bond ETF	1.49%	74,424	$3.4M	Reduce -5.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO	1.45%	26,745	$3.3M	Add +1.1%
ESQ Esquire Financial Holdings I	1.45%	34,896	$3.3M	Reduce -10.3%
STRL Sterling Infrastructure Inc.	1.44%	14,209	$3.3M	Add +1.0%
TMUS T-Mobile US Inc.	1.43%	13,668	$3.3M	Reduce -11.0%
PAYC Paycom Software Inc.	1.20%	11,847	$2.7M	New
AEE Ameren Corporation	1.20%	28,470	$2.7M	Add +8.5%
VEEV Veeva Systems Inc. Class A	1.04%	8,276	$2.4M	New
RMD Resmed Inc.	1.01%	8,918	$2.3M	Add +15.8%
AMAT Applied Materials Inc.	0.94%	11,730	$2.1M	Reduce -1.0%
MGV Vngrd Mrgstr MG CP VL ETF-Ui	0.88%	15,359	$2.0M	Reduce -5.9%
UBER Uber Technologies Inc.	0.86%	21,049	$2.0M	New
GOOG Alphabet Inc. Class C	0.76%	9,826	$1.7M	Reduce -0.8%
SPMO Invesco S&P 500 Momentum ETF	0.76%	15,368	$1.7M	Add +14.0%
IMCG iShares Morningstar Mid-Cap	0.69%	19,582	$1.6M	Reduce -7.7%
VONV Vanguard Russell 1000 Value	0.63%	16,957	$1.4M	No change
EXEL Exelixis Inc.	0.62%	32,163	$1.4M	New
HALO Halozyme Therapeutics Inc.	0.62%	27,062	$1.4M	Add +87.1%
FESM Fidelity Enhanced Small Cap	0.57%	40,433	$1.3M	Reduce -2.4%
PRIM Primoris Services Corp.	0.54%	15,894	$1.2M	Reduce -23.2%
PLMR Palomar Holdings Inc.	0.52%	7,703	$1.2M	Reduce -21.7%
CPRX Catalyst Pharmaceuticals Inc.	0.49%	51,550	$1.1M	Add +3.1%
POWL Powell Industries Inc.	0.49%	5,308	$1.1M	Reduce -9.6%
LLY Eli Lilly & Co.	0.48%	1,418	$1.1M	Reduce -1.2%
IVOV Vanguard S&P Mid-Cap 400 Val	0.48%	11,456	$1.1M	Reduce -4.5%
UNH Unitedhealth Group Inc.	0.46%	3,365	$1.1M	Reduce -4.2%
APH Amphenol Corp. Class A	0.45%	10,380	$1.0M	New
EVER Everquote Inc. Class A	0.44%	41,265	$998K	New
VUG Vanguard Mrngstar GR ETF-Sui	0.44%	2,267	$994K	Reduce -3.5%
TSLA Tesla Inc.	0.41%	2,956	$939K	Add +2.8%
NFG National Fuel Gas Co.	0.40%	10,780	$913K	Add +62.9%
VEA Vanguard Ftse Developed ETF	0.39%	15,739	$897K	Add +0.1%
KLAC KLA Corp.	0.39%	985	$882K	New
BND Vanguard Total Bond Market	0.38%	11,746	$865K	Reduce -9.4%
IGIB iShares 5-10Y Inv Grade Corp.	0.37%	15,668	$835K	Reduce -7.5%
NRG NRG Energy Inc.	0.34%	4,900	$787K	Reduce -13.3%
ISCF iShares International Small	0.33%	19,511	$756K	Reduce -3.0%
VYM Vanguard High DVD Yield ETF	0.33%	5,671	$756K	Reduce -1.1%
VTV Vanguard Mrngstr Val ETF-Aui	0.33%	4,258	$753K	Reduce -3.2%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.31%	671	$698K	Reduce -5.6%
SCHB Schwab US Broad Market ETF	0.30%	29,162	$695K	Reduce -4.4%
DGRO iShares Core Dividend Growth	0.29%	10,413	$666K	Reduce -15.8%
PM Philip Morris International	0.28%	3,555	$647K	Reduce -1.8%
BP BP PLC-Spons ADR	0.28%	21,255	$636K	No change
PINS Pinterest Inc. Class A	0.26%	16,809	$603K	New
IWF iShares Russell 1000 Growth	0.25%	1,319	$560K	No change
VTI VG Morningstar TS MKT ETF-US	0.22%	1,642	$499K	Reduce -15.8%
XOM Exxon Mobil Corp.	0.22%	4,559	$492K	Reduce -0.3%
NEE Nextera Energy Inc.	0.21%	7,004	$486K	Reduce -1.3%
NI Nisource Inc.	0.19%	10,821	$437K	Reduce -6.4%
ATO Atmos Energy Corp.	0.19%	2,775	$428K	Reduce -4.5%
CVSA Covista Inc. filed as ADTALEM GLOBAL ED INC	0.18%	3,279	$417K	Reduce -20.0%
JPM JPMorgan Chase & Co.	0.18%	1,426	$414K	No change
WEC WEC Energy Group Inc.	0.17%	3,791	$395K	Add +9.2%
PG The Procter & Gamble Co.	0.17%	2,398	$382K	Add +17.4%
IVV iShares Core S&P 500 ETF	0.16%	604	$375K	No change
IWD iShares Russell 1000 Value E	0.16%	1,911	$371K	No change
EFA iShares MSCI Eafe ETF	0.16%	4,122	$368K	No change
TMO Thermo Fisher Scientific Inc.	0.16%	905	$367K	Reduce -57.4%
WMT Walmart Inc.	0.16%	3,706	$362K	Reduce -0.8%
IJR iShares Core S&P Small-Cap E	0.15%	3,093	$338K	No change
JBL Jabil Inc.	0.15%	1,550	$338K	Reduce -1.8%
SCHD Schwab US DVD Equity ETF	0.15%	12,727	$337K	Reduce -34.8%
NXT Nextpower Inc. filed as NEXTRACKER INC	0.15%	6,147	$334K	Reduce -2.5%
CMCSA Comcast Corp. Class A	0.15%	9,281	$331K	Reduce -9.9%
DUK Duke Energy Corp.	0.14%	2,760	$326K	Add +0.0%
TTMI TTM Technologies	0.14%	7,750	$316K	New
UGI Ugi Corp.	0.13%	8,273	$301K	Add +2.8%
XEL Xcel Energy Inc.	0.13%	4,323	$294K	Reduce -5.7%
DORM Dorman Products Inc.	0.13%	2,390	$293K	Reduce -12.4%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.13%	1,483	$289K	Reduce -0.7%
VRT Vertiv Holdings Co. Class A	0.13%	2,240	$288K	New
AX Axos Financial Inc.	0.12%	3,673	$279K	New
ACIW Aci Worldwide Inc.	0.12%	6,027	$277K	Reduce -77.7%
COST Costco Wholesale Corp.	0.12%	269	$266K	Add +7.6%
NJR New Jersey Resources Corp.	0.11%	5,784	$259K	Reduce -4.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.11%	878	$246K	No change
VST Vistra Corp.	0.11%	1,254	$243K	New
SR Spire Inc.	0.11%	3,310	$242K	Reduce -8.4%
ORCL Oracle Corp.	0.11%	1,099	$240K	New
ADP Automatic Data Processing	0.10%	775	$239K	No change
BA The Boeing Co.	0.10%	1,137	$238K	New
NVO Novo-Nordisk A/S-Spons ADR	0.10%	3,345	$231K	Add +0.5%
TT Trane Technologies PLC	0.10%	527	$231K	New
VBK Van Morst SML-Cap Gro-Usd Inc.	0.10%	808	$224K	No change
FNDA Schwab Fndmntl US SM Co. ETF	0.10%	7,674	$220K	Reduce -31.9%
ABBV Abbvie Inc.	0.10%	1,181	$219K	Reduce -4.0%
MA Mastercard Inc. Class A	0.10%	389	$219K	Reduce -7.2%
PH Parker Hannifin Corp.	0.09%	310	$217K	New
MO Altria Group Inc.	0.09%	3,680	$216K	Add +5.8%
ES Eversource Energy	0.09%	3,379	$215K	New
PEP Pepsico Inc.	0.09%	1,597	$211K	Reduce -6.4%
HD Home Depot Inc.	0.09%	574	$211K	Reduce -3.7%
MCD McDonald's Corp.	0.09%	715	$209K	No change
THG Hanover Insurance Group Inc./	0.09%	1,205	$205K	New
IGSB iShares 1-5Y Inv Grade Corp.	0.09%	3,847	$203K	Reduce -0.7%
ITOT iShares Core S&P Total U.S.	0.09%	1,503	$203K	New
IWR iShares Russell Mid-Cap ETF	0.09%	2,198	$202K	New

Portfolio Sells Q1 2025 → Q2 2025


FISV Fiserv Inc.	Sold out	0.00%	−2.64
DOCU Docusign Inc.	Sold out	0.00%	−0.95
MWA Mueller Water Products Inc. Class A	Sold out	0.00%	−0.77
AAPL Apple Inc.	Reduce -4.1%	2.74%	−0.69
ACIW Aci Worldwide Inc.	Reduce -77.7%	0.12%	−0.60
TMUS T-Mobile US Inc.	Reduce -11.0%	1.43%	−0.56
CB Chubb Ltd.	Reduce -6.3%	2.35%	−0.55
GMED Globus Medical Inc. Class A	Sold out	0.00%	−0.51
PGR Progressive Corp.	Reduce -5.7%	2.06%	−0.51
EOG EOG Resources Inc.	Sold out	0.00%	−0.49
SPHY SS SPDR P High Yield ETF	Reduce -4.3%	3.47%	−0.49
UNH Unitedhealth Group Inc.	Reduce -4.2%	0.46%	−0.43
TMO Thermo Fisher Scientific Inc.	Reduce -57.4%	0.16%	−0.35
V Visa Inc. Class A	Reduce -3.6%	2.55%	−0.35
HIG Hartford Insurance Group Inc.	Reduce -6.6%	1.83%	−0.29
QCOM Qualcomm Inc.	Reduce -9.6%	1.55%	−0.28
FBND Fidelity Total Bond ETF	Reduce -5.3%	1.49%	−0.25
ARIS WATER SOLUTIONS INC-A	Sold out	0.00%	−0.21
AMZN Amazon.com Inc.	Reduce -10.4%	2.26%	−0.16
AXP American Express Co.	Reduce -13.7%	1.82%	−0.15
EVRG Evergy Inc.	Sold out	0.00%	−0.14
MGV Vngrd Mrgstr MG CP VL ETF-Ui	Reduce -5.9%	0.88%	−0.14
LNTH Lantheus Holdings Inc.	Sold out	0.00%	−0.14
PLMR Palomar Holdings Inc.	Reduce -21.7%	0.52%	−0.13
SCHD Schwab US DVD Equity ETF	Reduce -34.8%	0.15%	−0.12
LLY Eli Lilly & Co.	Reduce -1.2%	0.48%	−0.09
BND Vanguard Total Bond Market	Reduce -9.4%	0.38%	−0.08
DGRO iShares Core Dividend Growth	Reduce -15.8%	0.29%	−0.08
IGIB iShares 5-10Y Inv Grade Corp.	Reduce -7.5%	0.37%	−0.07
IWB iShares Russell 1000 ETF	Reduce -3.9%	1.54%	−0.06
IVOV Vanguard S&P Mid-Cap 400 Val	Reduce -4.5%	0.48%	−0.06
FNDA Schwab Fndmntl US SM Co. ETF	Reduce -31.9%	0.10%	−0.05
XOM Exxon Mobil Corp.	Reduce -0.3%	0.22%	−0.05
IMCG iShares Morningstar Mid-Cap	Reduce -7.7%	0.69%	−0.05
VTI VG Morningstar TS MKT ETF-US	Reduce -15.8%	0.22%	−0.04
CMCSA Comcast Corp. Class A	Reduce -9.9%	0.15%	−0.04
VTV Vanguard Mrngstr Val ETF-Aui	Reduce -3.2%	0.33%	−0.04
GWW WW Grainger Inc.	Reduce -5.6%	0.31%	−0.04
PRIM Primoris Services Corp.	Reduce -23.2%	0.54%	−0.03
NI Nisource Inc.	Reduce -6.4%	0.19%	−0.03
PEP Pepsico Inc.	Reduce -6.4%	0.09%	−0.03
DORM Dorman Products Inc.	Reduce -12.4%	0.13%	−0.03
SR Spire Inc.	Reduce -8.4%	0.11%	−0.03
NJR New Jersey Resources Corp.	Reduce -4.8%	0.11%	−0.03
NEE Nextera Energy Inc.	Reduce -1.3%	0.21%	−0.03
ATO Atmos Energy Corp.	Reduce -4.5%	0.19%	−0.03
ABBV Abbvie Inc.	Reduce -4.0%	0.10%	−0.03
XEL Xcel Energy Inc.	Reduce -5.7%	0.13%	−0.03
VYM Vanguard High DVD Yield ETF	Reduce -1.1%	0.33%	−0.03
FESM Fidelity Enhanced Small Cap	Reduce -2.4%	0.57%	−0.03

Portfolio Buys Q1 2025 → Q2 2025


NVDA Nvidia Corp.	Add +0.4%	7.98%	+1.94
PAYC Paycom Software Inc.	New	1.20%	+1.20
VEEV Veeva Systems Inc. Class A	New	1.04%	+1.04
UBER Uber Technologies Inc.	New	0.86%	+0.86
STRL Sterling Infrastructure Inc.	Add +1.0%	1.44%	+0.66
EXEL Exelixis Inc.	New	0.62%	+0.62
APH Amphenol Corp. Class A	New	0.45%	+0.45
EVER Everquote Inc. Class A	New	0.44%	+0.44
KLAC KLA Corp.	New	0.39%	+0.39
PINS Pinterest Inc. Class A	New	0.26%	+0.26
IDMO Invesco S&P International DE	Add +9.6%	1.67%	+0.21
BKNG Booking Holdings Inc.	Add +0.3%	1.53%	+0.19
DIS The Walt Disney Co.	Add +1.1%	1.45%	+0.19
RMD Resmed Inc.	Add +15.8%	1.01%	+0.17
HALO Halozyme Therapeutics Inc.	Add +87.1%	0.62%	+0.17
SPMO Invesco S&P 500 Momentum ETF	Add +14.0%	0.76%	+0.15
NFG National Fuel Gas Co.	Add +62.9%	0.40%	+0.15
TTMI TTM Technologies	New	0.14%	+0.14
VRT Vertiv Holdings Co. Class A	New	0.13%	+0.13
AX Axos Financial Inc.	New	0.12%	+0.12
VST Vistra Corp.	New	0.11%	+0.11
ORCL Oracle Corp.	New	0.11%	+0.11
BA The Boeing Co.	New	0.10%	+0.10
TT Trane Technologies PLC	New	0.10%	+0.10
PH Parker Hannifin Corp.	New	0.09%	+0.09
ES Eversource Energy	New	0.09%	+0.09
THG Hanover Insurance Group Inc./	New	0.09%	+0.09
ITOT iShares Core S&P Total U.S.	New	0.09%	+0.09
IWR iShares Russell Mid-Cap ETF	New	0.09%	+0.09
TSLA Tesla Inc.	Add +2.8%	0.41%	+0.05
VEA Vanguard Ftse Developed ETF	Add +0.1%	0.39%	+0.00
UGI Ugi Corp.	Add +2.8%	0.13%	+0.00
COST Costco Wholesale Corp.	Add +7.6%	0.12%	+0.00
PG The Procter & Gamble Co.	Add +17.4%	0.17%	−0.00
MO Altria Group Inc.	Add +5.8%	0.09%	−0.01
WEC WEC Energy Group Inc.	Add +9.2%	0.17%	−0.01
NVO Novo-Nordisk A/S-Spons ADR	Add +0.5%	0.10%	−0.01
DUK Duke Energy Corp.	Add +0.0%	0.14%	−0.02
AEE Ameren Corporation	Add +8.5%	1.20%	−0.08
CPRX Catalyst Pharmaceuticals Inc.	Add +3.1%	0.49%	−0.10
VCSH Vanguard S/T Corp. Bond ETF	Add +2.3%	4.67%	−0.36

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	143	$359.5M	LRCX, NVDA, MU, GOOGL, VCSH
Q1 2026	137	$287.5M	NVDA, VCSH, GOOGL, LRCX, AVGO
Q4 2025	139	$277.9M	NVDA, VCSH, GOOGL, APP, AVGO
Q3 2025	133	$264.9M	NVDA, VCSH, APP, GOOGL, MSFT
Q2 2025	122	$228.2M	NVDA, VCSH, MSFT, AVGO, GOOGL
Q1 2025	110	$205.9M	NVDA, VCSH, SPHY, MSFT, GOOGL
Q4 2024	123	$235.2M	NVDA, APP, VCSH, GOOGL, MSFT
Q3 2024	122	$234.0M	NVDA, VCSH, MSFT, GOOGL, AMAT
Q2 2024	109	$212.1M	NVDA, MSFT, LRCX, AMAT, VCSH
Q1 2024	114	$204.3M	MSFT, LRCX, NVDA, AMAT, VCSH