IMA Advisory Services, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), IMA Advisory Services, Inc. reported 169 stock positions worth $830.5 million. Its top holding was iShares ESG MSCI KLD 400 ETF (DSI) at 11.3% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 8.8%) and iShares ESG Advanc MSCI Eafe (DMXF, 6.1%). Compared with Q3 2024, it opened 36 new positions, sold out of 123, added to 40 and reduced 70. The biggest buy was a new position in iShares ESG MSCI KLD 400 ETF (DSI) and the biggest sale Schwab US Large-Cap ETF (SCHX, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001455495
- Portfolio Value
- $830.5M (Q4 2024)
- SEC Filing
- 0001085146-25-001502 ↗ filed Feb 14, 2025
Holdings Value
Holdings 169 stocks · $830.5M
| DSI iShares ESG MSCI KLD 400 ETF | 11.28% | 851,724 | $93.7M | New |
| SCHD Schwab US DVD Equity ETF | 8.84% | 2,687,274 | $73.4M | New |
| DMXF iShares ESG Advanc MSCI Eafe | 6.06% | 779,899 | $50.4M | New |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 5.41% | 167,405 | $45.0M | New |
| SCHX Schwab US Large-Cap ETF | 5.14% | 1,842,819 | $42.7M | Reduce -2.3% |
| VXUS Vanguard Total Intl Stock | 2.93% | 413,192 | $24.3M | New |
| SCHB Schwab US Broad Market ETF | 2.24% | 819,732 | $18.6M | Reduce -1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.87% | 26,493 | $15.5M | New |
| BND Vanguard Total Bond Market | 1.61% | 185,652 | $13.4M | Add +2.4% |
| HYDB iShares High Yield Systemati | 1.59% | 280,125 | $13.2M | Add +1.8% |
| SCHM Schwab US Mid Cap ETF | 1.50% | 450,975 | $12.5M | Add +2.3% |
| BSCR Invesco Bulletshares 2027 CB | 1.49% | 633,282 | $12.3M | Add +2.3% |
| JCPB JPMorgan Core Plus Bond ETF | 1.46% | 261,245 | $12.1M | Add +11.1% |
| SCHA Schwab US Small-Cap ETF | 1.41% | 454,218 | $11.7M | Add +1.5% |
| BSCS Invesco Bulletshares 2028 CB | 1.40% | 579,454 | $11.7M | Add +5.9% |
| VSS Vanguard Ftse All Wo X-US SC | 1.38% | 99,813 | $11.4M | New |
| NVDA Nvidia Corp. | 1.22% | 75,165 | $10.1M | Reduce -6.6% |
| SCZ iShares MSCI Eafe Small-Cap | 1.12% | 152,767 | $9.3M | New |
| MSFT Microsoft Corp. | 1.07% | 21,178 | $8.9M | Add +0.6% |
| AAPL Apple Inc. | 1.00% | 33,103 | $8.3M | Reduce -1.9% |
| IJR iShares Core S&P Small-Cap E | 0.95% | 68,488 | $7.9M | New |
| BSCU Invesco Bulletshares 2030 CB | 0.95% | 482,003 | $7.9M | Add +14.4% |
| AMZN Amazon.com Inc. | 0.94% | 35,527 | $7.8M | Reduce -1.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.93% | 84,723 | $7.7M | Reduce -17.7% |
| SCHF Schwab Intl Equity ETF | 0.92% | 414,993 | $7.7M | Add +1.6% |
| PG The Procter & Gamble Co. | 0.90% | 44,701 | $7.5M | No change |
| BSCQ Invesco Bulletshares 2026 CB | 0.90% | 383,128 | $7.4M | Reduce -4.6% |
| META Meta Platforms Inc. Class A | 0.89% | 12,639 | $7.4M | Add +0.8% |
| SCHG Schwab US Large-Cap Growth | 0.83% | 245,974 | $6.9M | Add +6.0% |
| EFA iShares MSCI Eafe ETF | 0.71% | 77,601 | $5.9M | New |
| SPSM SS SPDR P S&P 600 Small Cap | 0.68% | 125,850 | $5.6M | New |
| FAST Fastenal Co. | 0.67% | 77,624 | $5.6M | Reduce -2.7% |
| JPM JPMorgan Chase & Co. | 0.66% | 22,938 | $5.5M | Reduce -2.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.66% | 18,878 | $5.5M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.63% | 15,383 | $5.3M | Reduce -1.9% |
| GOOG Alphabet Inc. Class C | 0.62% | 27,073 | $5.2M | Add +4.1% |
| DHR Danaher Corp. | 0.61% | 21,895 | $5.0M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.59% | 86,314 | $4.9M | New |
| DDOG Datadog Inc. Class A | 0.59% | 34,437 | $4.9M | Reduce -1.2% |
| BSJR Invesco Bulletshares 2027 HY | 0.56% | 208,344 | $4.7M | Add +11.7% |
| CTAS Cintas Corp. | 0.54% | 24,540 | $4.5M | No change |
| QCOM Qualcomm Inc. | 0.52% | 28,341 | $4.4M | Add +0.8% |
| ZBRA Zebra Technologies Corp. Class A | 0.51% | 11,000 | $4.2M | No change |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.50% | 3,950 | $4.2M | No change |
| KMI Kinder Morgan Inc. | 0.47% | 143,766 | $3.9M | Reduce -0.9% |
| WMT Walmart Inc. | 0.47% | 42,707 | $3.9M | Reduce -0.1% |
| V Visa Inc. Class A | 0.46% | 12,057 | $3.8M | Add +0.7% |
| TSLA Tesla Inc. | 0.46% | 9,403 | $3.8M | Reduce -0.9% |
| EXEL Exelixis Inc. | 0.46% | 113,936 | $3.8M | Reduce -3.0% |
| VOO Vanguard S&P 500 ETF | 0.44% | 6,752 | $3.6M | Add +495.4% |
| ONTO Onto Innovation Inc. | 0.43% | 21,572 | $3.6M | Reduce -0.9% |
| FPE FT-Preferred Secur & Inc. ETF | 0.43% | 200,129 | $3.5M | Add +0.2% |
| AVUV Avantis US Small Cap Value | 0.40% | 34,474 | $3.3M | Reduce -2.4% |
| VLO Valero Energy Corp. | 0.39% | 26,734 | $3.3M | Reduce -1.5% |
| XOM Exxon Mobil Corp. | 0.39% | 30,455 | $3.3M | Reduce -8.1% |
| ISRA Vaneck Israel ETF | 0.39% | 74,933 | $3.3M | New |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.39% | 45,316 | $3.2M | Reduce -0.2% |
| PABU Ishr Par-Alnd Clim Opt Mue-U | 0.37% | 47,406 | $3.1M | New |
| OMF Onemain Holdings Inc. | 0.37% | 58,674 | $3.1M | Reduce -0.8% |
| AMP Ameriprise Financial Inc. | 0.37% | 5,734 | $3.1M | Reduce -2.9% |
| PFF iShares Preferred & Income S | 0.36% | 96,020 | $3.0M | Reduce -0.3% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.36% | 49,064 | $3.0M | Add +92.5% |
| C Citigroup Inc. | 0.36% | 42,382 | $3.0M | Add +2.9% |
| KNX Knight-Swift Transportation | 0.36% | 56,079 | $3.0M | Reduce -12.7% |
| ISRG Intuitive Surgical Inc. | 0.35% | 5,604 | $2.9M | Reduce -1.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.34% | 23,524 | $2.8M | Reduce -1.2% |
| FOUR SHIFT4 Payments Inc. Class A | 0.32% | 25,525 | $2.6M | Reduce -1.1% |
| MELI MercadoLibre Inc. | 0.29% | 1,421 | $2.4M | Add +6.8% |
| COF Capital One Financial Corp. | 0.29% | 13,295 | $2.4M | Reduce -1.8% |
| BSX Boston Scientific Corp. | 0.27% | 25,248 | $2.3M | Reduce -2.0% |
| CVX Chevron Corp. | 0.27% | 15,485 | $2.2M | Add +4.0% |
| IWV iShares Russell 3000 ETF | 0.27% | 6,690 | $2.2M | Reduce -1.6% |
| AVGO Broadcom Inc. | 0.26% | 9,185 | $2.1M | Add +609.3% |
| ADBE Adobe Inc. | 0.26% | 4,778 | $2.1M | Reduce -0.1% |
| ESGD iShares Trust iShares ESG Aw | 0.26% | 27,842 | $2.1M | New |
| CI The Cigna Group | 0.25% | 7,551 | $2.1M | Add +1.8% |
| MRK Merck & Co. Inc. | 0.25% | 20,531 | $2.1M | Reduce -1.6% |
| CRM Salesforce Inc. | 0.25% | 6,124 | $2.0M | Reduce -0.8% |
| TGT Target Corp. | 0.24% | 15,010 | $2.0M | Add +1.7% |
| UNH Unitedhealth Group Inc. | 0.24% | 3,946 | $2.0M | Reduce -1.4% |
| LOW Lowe's Cos Inc. | 0.24% | 8,067 | $2.0M | Reduce -0.1% |
| AOR iShares Core 60/40 Balanced | 0.24% | 34,502 | $2.0M | New |
| ZTS Zoetis Inc. | 0.24% | 12,038 | $2.0M | Reduce -1.5% |
| NKE Nike Inc. Class B | 0.23% | 25,576 | $1.9M | Reduce -2.3% |
| AMD Advanced Micro Devices | 0.23% | 15,916 | $1.9M | Add +16.4% |
| ABBV Abbvie Inc. | 0.23% | 10,772 | $1.9M | Add +1.6% |
| AVEM Avantis Emerging Markets Eq | 0.23% | 32,379 | $1.9M | Add +0.1% |
| MU Micron Technology Inc. | 0.23% | 22,480 | $1.9M | Add +4.8% |
| EA Electronic Arts Inc. | 0.23% | 12,803 | $1.9M | Reduce -1.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.22% | 16,819 | $1.9M | New |
| CARR Carrier Global Corp. | 0.22% | 26,509 | $1.8M | Add +0.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.20% | 38,410 | $1.7M | Add +0.0% |
| ITW Illinois Tool Works | 0.20% | 6,514 | $1.7M | Reduce -18.5% |
| REGN Regeneron Pharmaceuticals | 0.20% | 2,302 | $1.6M | Reduce -1.0% |
| EXAS Exact Sciences Corp. | 0.19% | 28,689 | $1.6M | Reduce -1.5% |
| AES AES Corp. | 0.19% | 124,205 | $1.6M | Reduce -4.0% |
| DXC DXC Technology Co. | 0.18% | 75,322 | $1.5M | Reduce -2.3% |
| JNJ Johnson & Johnson | 0.18% | 10,079 | $1.5M | No change |
| IJH iShares Core S&P Midcap ETF | 0.17% | 22,696 | $1.4M | Add +182.8% |
| ULTA Ulta Beauty Inc. | 0.17% | 3,246 | $1.4M | Reduce -0.6% |
Portfolio Sells Q3 2024 → Q4 2024
| SCHX Schwab US Large-Cap ETF | Reduce -2.3% | 5.14% | −4.15 |
| SCHB Schwab US Broad Market ETF | Reduce -1.5% | 2.24% | −1.78 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -17.7% | 0.93% | −1.13 |
| NVDA Nvidia Corp. | Reduce -6.6% | 1.22% | −0.91 |
| BSCQ Invesco Bulletshares 2026 CB | Reduce -4.6% | 0.90% | −0.82 |
| AAPL Apple Inc. | Reduce -1.9% | 1.00% | −0.71 |
| FAST Fastenal Co. | Reduce -2.7% | 0.67% | −0.57 |
| ONTO Onto Innovation Inc. | Reduce -0.9% | 0.43% | −0.55 |
| AMZN Amazon.com Inc. | Reduce -1.5% | 0.94% | −0.53 |
| XOM Exxon Mobil Corp. | Reduce -8.1% | 0.39% | −0.45 |
| JPM JPMorgan Chase & Co. | Reduce -2.5% | 0.66% | −0.42 |
| VLO Valero Energy Corp. | Reduce -1.5% | 0.39% | −0.40 |
| KNX Knight-Swift Transportation | Reduce -12.7% | 0.36% | −0.40 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -0.2% | 0.39% | −0.37 |
| AES AES Corp. | Reduce -4.0% | 0.19% | −0.37 |
| ELV Elevance Health Inc. | Reduce -19.4% | 0.16% | −0.35 |
| IIPR Innovative Industrial Proper | Reduce -5.3% | 0.12% | −0.34 |
| AVUV Avantis US Small Cap Value | Reduce -2.4% | 0.40% | −0.34 |
| REGN Regeneron Pharmaceuticals | Reduce -1.0% | 0.20% | −0.34 |
| PFF iShares Preferred & Income S | Reduce -0.3% | 0.36% | −0.33 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -1.9% | 0.63% | −0.32 |
| ENV Envestnet Inc. | Sold out | 0.00% | −0.32 |
| WMT Walmart Inc. | Reduce -0.1% | 0.47% | −0.29 |
| ZTS Zoetis Inc. | Reduce -1.5% | 0.24% | −0.28 |
| ADBE Adobe Inc. | Reduce -0.1% | 0.26% | −0.28 |
| DDOG Datadog Inc. Class A | Reduce -1.2% | 0.59% | −0.28 |
| NKE Nike Inc. Class B | Reduce -2.3% | 0.23% | −0.27 |
| MRK Merck & Co. Inc. | Reduce -1.6% | 0.25% | −0.27 |
| UNH Unitedhealth Group Inc. | Reduce -1.4% | 0.24% | −0.27 |
| TJX TJX Companies Inc. | Reduce -1.2% | 0.34% | −0.27 |
| ITW Illinois Tool Works | Reduce -18.5% | 0.20% | −0.26 |
| ISRG Intuitive Surgical Inc. | Reduce -1.4% | 0.35% | −0.26 |
| EXAS Exact Sciences Corp. | Reduce -1.5% | 0.19% | −0.24 |
| OMF Onemain Holdings Inc. | Reduce -0.8% | 0.37% | −0.24 |
| LOW Lowe's Cos Inc. | Reduce -0.1% | 0.24% | −0.24 |
| AMP Ameriprise Financial Inc. | Reduce -2.9% | 0.37% | −0.24 |
| OGN Organon & Co. | Reduce -8.5% | 0.15% | −0.23 |
| KMI Kinder Morgan Inc. | Reduce -0.9% | 0.47% | −0.22 |
| IWV iShares Russell 3000 ETF | Reduce -1.6% | 0.27% | −0.21 |
| EXEL Exelixis Inc. | Reduce -3.0% | 0.46% | −0.21 |
| BSX Boston Scientific Corp. | Reduce -2.0% | 0.27% | −0.20 |
| EA Electronic Arts Inc. | Reduce -1.3% | 0.23% | −0.18 |
| FOUR SHIFT4 Payments Inc. Class A | Reduce -1.1% | 0.32% | −0.18 |
| EVH Evolent Health Inc. Class A | Reduce -39.6% | 0.03% | −0.17 |
| DXC DXC Technology Co. | Reduce -2.3% | 0.18% | −0.17 |
| GNRC Generac Holdings Inc. | Reduce -6.3% | 0.16% | −0.16 |
| COF Capital One Financial Corp. | Reduce -1.8% | 0.29% | −0.16 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.4% | 0.14% | −0.15 |
| FANG Diamondback Energy Inc. | Reduce -1.5% | 0.16% | −0.15 |
| AZTA Azenta Inc. | Reduce -4.7% | 0.17% | −0.14 |
Portfolio Buys Q3 2024 → Q4 2024
| DSI iShares ESG MSCI KLD 400 ETF | New | 11.28% | +11.28 |
| SCHD Schwab US DVD Equity ETF | New | 8.84% | +8.84 |
| DMXF iShares ESG Advanc MSCI Eafe | New | 6.06% | +6.06 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 5.41% | +5.41 |
| VXUS Vanguard Total Intl Stock | New | 2.93% | +2.93 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 1.87% | +1.87 |
| VSS Vanguard Ftse All Wo X-US SC | New | 1.38% | +1.38 |
| SCZ iShares MSCI Eafe Small-Cap | New | 1.12% | +1.12 |
| IJR iShares Core S&P Small-Cap E | New | 0.95% | +0.95 |
| EFA iShares MSCI Eafe ETF | New | 0.71% | +0.71 |
| SPSM SS SPDR P S&P 600 Small Cap | New | 0.68% | +0.68 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.66% | +0.66 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.59% | +0.59 |
| ISRA Vaneck Israel ETF | New | 0.39% | +0.39 |
| PABU Ishr Par-Alnd Clim Opt Mue-U | New | 0.37% | +0.37 |
| VOO Vanguard S&P 500 ETF | Add +495.4% | 0.44% | +0.31 |
| ESGD iShares Trust iShares ESG Aw | New | 0.26% | +0.26 |
| AOR iShares Core 60/40 Balanced | New | 0.24% | +0.24 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.22% | +0.22 |
| AVGO Broadcom Inc. | Add +609.3% | 0.26% | +0.21 |
| JSTC Adasina Social Justice GLB | New | 0.15% | +0.15 |
| VEA Vanguard Ftse Developed ETF | New | 0.14% | +0.14 |
| IEMG iShares Core MSCI Emerging | New | 0.10% | +0.10 |
| VT Vanguard Tot World STK ETF | New | 0.10% | +0.10 |
| ACWX iShares MSCI Acwi Ex US ETF | New | 0.09% | +0.09 |
| P Everpure Inc. Class A | Add +92.5% | 0.36% | +0.08 |
| AOA iShares Core 80/20 Aggressiv | New | 0.08% | +0.08 |
| FBIN Fortune Brands Innovations I | New | 0.08% | +0.08 |
| SPYX SS SPDR S&P 500 Foss FL ETF | New | 0.08% | +0.08 |
| EAOR iShares ESG Aware 60/40 Bala | New | 0.07% | +0.07 |
| IJH iShares Core S&P Midcap ETF | Add +182.8% | 0.17% | +0.06 |
| AGG iShares Core U.S. Aggregate | New | 0.06% | +0.06 |
| SPYG SS SPDR P S&P 500 Growth ETF | New | 0.06% | +0.06 |
| RPV Invesco S&P 500 Pure Value E | New | 0.05% | +0.05 |
| AOM iShares Core 40/60 Moderate | New | 0.05% | +0.05 |
| XLK SS Technology Select Sector | New | 0.05% | +0.05 |
| XLV SS Health Care Select Sector | New | 0.05% | +0.05 |
| PABD iShares Paris-Aligned Climat | New | 0.04% | +0.04 |
| AOK iShares Core 30/70 Conservat | New | 0.03% | +0.03 |
| NACP Impact Shares Naacp Minority | New | 0.02% | +0.02 |
| GLD SPDR Gold Shares | Add +105.9% | 0.03% | +0.00 |
| XPO Xpo Inc. | Add +18.0% | 0.07% | −0.02 |
| BSJT Invesco Bulletshares 2029 HY | Add +5.8% | 0.03% | −0.02 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +12.0% | 0.04% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +30.2% | 0.16% | −0.05 |
| MA Mastercard Inc. Class A | Add +1.7% | 0.12% | −0.08 |
| OTEX Open Text Corp. | Add +25.2% | 0.12% | −0.08 |
| SCHC Schwab Intl Small-Cap Equity | Add +4.2% | 0.11% | −0.10 |
| BAC Bank of America Corp. | Add +0.0% | 0.20% | −0.13 |
| C Citigroup Inc. | Add +2.9% | 0.36% | −0.20 |
Options Activity Q3 2024 → Q4 2024
| DISCOVER FINL SVCS | call | Sold out | 54 | $48Kbefore exit |
| ORGANON & CO | call | Sold out | 130 | $328before exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| CHS INC (CHSINC V6.75 PERP 3) | PFD | Sold out | 7,049 | $183Kbefore exit |
| CHS INC (CHSINC 7.5 PERP 4) | PFD | Sold out | 6,896 | $179Kbefore exit |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Sold out | 85 | $109Kbefore exit |
| SCHO Schwab Short-Term US Treas | SHT TM US TRES | Sold out | 0 | $8before 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 | 1,378 | $1.6B | SUSA, DMXF, DSI, SCHX, VXUS |
| Q1 2026 | 1,028 | $1.0B | VV, SUSA, DMXF, DSI, SCHX |
| Q4 2025 | 1,003 | $1.0B | VV, SUSA, DMXF, DSI, SCHX |
| Q3 2025 | 548 | $992.0M | VV, SUSA, DMXF, DSI, SCHX |
| Q2 2025 | 556 | $932.7M | SCHD, VV, SUSA, DMXF, DSI |
| Q1 2025 | 336 | $842.5M | SCHD, SUSA, VV, DMXF, DSI |
| Q4 2024 | 169 | $830.5M | DSI, SCHD, DMXF, VV, SCHX |
| Q3 2024 | 256 | $458.9M | SCHX, SCHB, BND, HYDB, BSCR |
| Q2 2024Amended | 73 | $226.4M | BIL, HYDB, BSCR, BSCS, NVDA |
| Q1 2024 | 73 | $211.5M | BIL, HYDB, BSCR, JCPB, NVDA |