IMA Advisory Services, Inc.

Name: IMA Advisory Services, Inc. 13F holdings, Q4 2024
Creator: IMA Advisory Services, Inc.
Published: 2025-02-14

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

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%
AZTA Azenta Inc.	0.17%	28,199	$1.4M	Reduce -4.7%
MTZ Mastec Inc.	0.16%	9,959	$1.4M	Reduce -0.9%
GNRC Generac Holdings Inc.	0.16%	8,705	$1.3M	Reduce -6.3%
ELV Elevance Health Inc.	0.16%	3,626	$1.3M	Reduce -19.4%
QQQ Invesco QQQ Trust Series 1	0.16%	2,606	$1.3M	Add +30.2%
BRK.B Berkshire Hathaway Inc. Class B	0.16%	2,919	$1.3M	No change
FANG Diamondback Energy Inc.	0.16%	7,998	$1.3M	Reduce -1.5%
LITE Lumentum Holdings Inc.	0.15%	15,141	$1.3M	Reduce -9.6%
DOCU Docusign Inc.	0.15%	13,931	$1.3M	Reduce -2.3%
OGN Organon & Co.	0.15%	82,331	$1.2M	Reduce -8.5%
JSTC Adasina Social Justice GLB	0.15%	65,663	$1.2M	New
ADP Automatic Data Processing	0.14%	4,004	$1.2M	No change
DKNG Draftkings Inc. Class A	0.14%	31,626	$1.2M	Reduce -1.0%
VEA Vanguard Ftse Developed ETF	0.14%	24,546	$1.2M	New
LHX L3HARRIS Technologies Inc.	0.14%	5,564	$1.2M	Reduce -0.4%
WBD Warner Bros Discovery Inc.	0.13%	104,252	$1.1M	Reduce -1.5%
RGEN Repligen Corp.	0.13%	7,257	$1.0M	Reduce -1.7%
IIPR Innovative Industrial Proper	0.12%	14,664	$1.0M	Reduce -5.3%
OTEX Open Text Corp.	0.12%	34,080	$965K	Add +25.2%
MA Mastercard Inc. Class A	0.12%	1,830	$964K	Add +1.7%
FTV Fortive Corp.	0.11%	12,532	$940K	No change
SCHC Schwab Intl Small-Cap Equity	0.11%	25,930	$890K	Add +4.2%
DFS Discover Financial Services	0.11%	5,130	$889K	Reduce -34.7%
OTIS Otis Worldwide Corp.	0.11%	9,433	$874K	Reduce -1.4%
IEMG iShares Core MSCI Emerging	0.10%	16,495	$861K	New
VT Vanguard Tot World STK ETF	0.10%	7,642	$852K	New
MP MP Materials Corp.	0.10%	53,956	$842K	Reduce -8.3%
IEI iShares 3-7 Year Treasury Bo	0.10%	7,083	$818K	No change
SBUX Starbucks Corp.	0.10%	8,700	$794K	No change
CRSP Crispr Therapeutics AG	0.09%	19,776	$778K	Reduce -3.6%
VLTO Veralto Corp.	0.09%	7,583	$773K	No change
BSJS Invesco Bulletshares 2028 HY	0.09%	34,012	$737K	Reduce -9.9%
ACWX iShares MSCI Acwi Ex US ETF	0.09%	14,005	$731K	New
AOA iShares Core 80/20 Aggressiv	0.08%	9,369	$692K	New
FBIN Fortune Brands Innovations I	0.08%	10,054	$687K	New
SPYX SS SPDR S&P 500 Foss FL ETF	0.08%	13,238	$637K	New
XPO Xpo Inc.	0.07%	4,616	$605K	Add +18.0%
SCHV Schwab US Large-Cap Value	0.07%	21,954	$572K	No change
EAOR iShares ESG Aware 60/40 Bala	0.07%	18,124	$568K	New
ITOT iShares Core S&P Total U.S.	0.07%	4,317	$555K	No change
FDX FedEx Corp.	0.07%	1,913	$541K	Reduce -7.4%
IBDQ iShares Ibonds Dec 2025 Term	0.06%	20,829	$522K	Reduce -23.3%
KO The Coca-Cola Co.	0.06%	8,061	$502K	Reduce -6.8%
AGG iShares Core U.S. Aggregate	0.06%	5,074	$492K	New
SPYG SS SPDR P S&P 500 Growth ETF	0.06%	5,585	$491K	New
GH Guardant Health Inc.	0.06%	15,648	$478K	Reduce -3.0%
ORLY O'reilly Automotive Inc.	0.06%	400	$474K	No change
HD Home Depot Inc.	0.06%	1,178	$458K	No change
ILMN Illumina Inc.	0.05%	3,024	$404K	Reduce -6.0%
RPV Invesco S&P 500 Pure Value E	0.05%	4,342	$392K	New
AOM iShares Core 40/60 Moderate	0.05%	9,402	$391K	New
XLK SS Technology Select Sector	0.05%	1,638	$381K	New
XLV SS Health Care Select Sector	0.05%	2,724	$375K	New
IWF iShares Russell 1000 Growth	0.04%	910	$365K	No change
PABD iShares Paris-Aligned Climat	0.04%	7,000	$358K	New
HYMB SS SPDR N Ice HY Muni ETF	0.04%	13,867	$355K	Add +12.0%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	0.04%	2,954	$313K	No change
IRTC Irhythm Holdings Inc.	0.04%	3,230	$291K	No change
RSPF Invesco S&P 500 Equal Weight	0.03%	3,985	$288K	No change
GLD SPDR Gold Shares	0.03%	1,186	$287K	Add +105.9%
DY Dycom Industries Inc.	0.03%	1,567	$273K	No change
VSAT Viasat Inc.	0.03%	31,230	$266K	Reduce -16.7%
BSJT Invesco Bulletshares 2029 HY	0.03%	11,416	$244K	Add +5.8%
AOK iShares Core 30/70 Conservat	0.03%	6,876	$243K	New
COST Costco Wholesale Corp.	0.03%	259	$237K	No change
EVH Evolent Health Inc. Class A	0.03%	19,660	$221K	Reduce -39.6%
ABT Abbott Laboratories	0.02%	1,804	$204K	No change
NACP Impact Shares Naacp Minority	0.02%	4,952	$202K	New
SWBI Smith & Wesson Brands Inc.	0.02%	15,000	$154K	Reduce -40.0%

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