IMA Advisory Services, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), IMA Advisory Services, Inc. reported 556 stock positions worth $932.7 million. Its top holding was Schwab US DVD Equity ETF (SCHD) at 8.3% of the portfolio, followed by Vngrd Mrgstr LRG-Cap ETF-Usd (VV, 6.8%) and iShares ESG Optimized MSCI U (SUSA, 6.5%). Compared with Q1 2025, it opened 229 new positions, sold out of 10, added to 175 and reduced 45. The biggest buy was Vngrd Mrgstr LRG-Cap ETF-Usd (VV, shares +7%) and the biggest sale iShares Core S&P Small-Cap E (IJR, shares −56%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001455495
- Portfolio Value
- $932.7M (Q2 2025)
- SEC Filing
- 0001455495-25-000008 ↗ filed Aug 8, 2025
Holdings Value
Holdings 556 stocks · $932.7M
| SCHD Schwab US DVD Equity ETF | 8.26% | 2,908,929 | $77.1M | Add +1.0% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 6.77% | 222,243 | $63.1M | Add +6.7% |
| SUSA iShares ESG Optimized MSCI U | 6.49% | 477,637 | $60.5M | Add +1.7% |
| DMXF iShares ESG Advanc MSCI Eafe | 5.83% | 731,391 | $54.4M | Reduce -2.9% |
| DSI iShares ESG MSCI KLD 400 ETF | 4.98% | 402,011 | $46.5M | Reduce -3.5% |
| SCHX Schwab US Large-Cap ETF | 4.73% | 1,806,295 | $44.1M | Reduce -0.2% |
| VXUS Vanguard Total Intl Stock | 2.62% | 353,448 | $24.4M | Reduce -0.9% |
| JCPB JPMorgan Core Plus Bond ETF | 2.51% | 497,940 | $23.4M | Add +4.5% |
| BSCU Invesco Bulletshares 2030 CB | 2.36% | 1,312,174 | $22.0M | Add +5.3% |
| BSCT Invesco Bulletshares 2029 CB | 2.26% | 1,126,366 | $21.1M | Add +5.6% |
| SCHB Schwab US Broad Market ETF | 2.18% | 852,181 | $20.3M | Add +3.0% |
| GLD SPDR Gold Shares | 1.80% | 1,235 | $16.8M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.80% | 27,113 | $16.8M | Add +0.3% |
| BND Vanguard Total Bond Market | 1.66% | 210,113 | $15.5M | Add +4.5% |
| HYDB iShares High Yield Systemati | 1.37% | 269,294 | $12.8M | Add +2.4% |
| SCHM Schwab US Mid Cap ETF | 1.34% | 446,152 | $12.5M | Add +0.7% |
| VSS Vanguard Ftse All Wo X-US SC | 1.30% | 90,324 | $12.1M | Reduce -2.5% |
| SCHA Schwab US Small-Cap ETF | 1.28% | 471,014 | $11.9M | Add +1.1% |
| NVDA Nvidia Corp. | 1.21% | 71,361 | $11.3M | Add +0.3% |
| MSFT Microsoft Corp. | 1.14% | 21,416 | $10.7M | Add +1.1% |
| SCZ iShares MSCI Eafe Small-Cap | 1.06% | 136,400 | $9.9M | Add +0.5% |
| META Meta Platforms Inc. Class A | 1.04% | 13,142 | $9.7M | Add +3.5% |
| SCHF Schwab Intl Equity ETF | 0.99% | 417,626 | $9.2M | Reduce -2.9% |
| UITB Victoryshares Core Intermedi | 0.97% | 192,100 | $9.0M | Add +5.0% |
| AMZN Amazon.com Inc. | 0.82% | 35,044 | $7.7M | Add +2.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.81% | 14,830 | $7.6M | Reduce -0.0% |
| AAPL Apple Inc. | 0.74% | 33,701 | $6.9M | Add +3.4% |
| EFA iShares MSCI Eafe ETF | 0.74% | 76,736 | $6.9M | Add +1.7% |
| BSJT Invesco Bulletshares 2029 HY | 0.73% | 315,864 | $6.8M | Add +3.1% |
| SCHG Schwab US Large-Cap Growth | 0.71% | 227,848 | $6.7M | Add +1.4% |
| JPM JPMorgan Chase & Co. | 0.70% | 22,496 | $6.5M | Add +1.0% |
| LMBS First Trust Low Duration Opp | 0.69% | 130,703 | $6.4M | Reduce -3.4% |
| FAST Fastenal Co. | 0.68% | 150,252 | $6.3M | Reduce -3.2% |
| PG The Procter & Gamble Co. | 0.67% | 39,375 | $6.3M | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.66% | 91,842 | $6.2M | Reduce -2.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.63% | 19,379 | $5.9M | Add +4.9% |
| FPE FT-Preferred Secur & Inc. ETF | 0.62% | 325,157 | $5.8M | Add +1.2% |
| CTAS Cintas Corp. | 0.59% | 24,540 | $5.5M | No change |
| GOOG Alphabet Inc. Class C | 0.54% | 28,134 | $5.0M | Add +1.8% |
| QCOM Qualcomm Inc. | 0.49% | 28,834 | $4.6M | Add +3.6% |
| EXEL Exelixis Inc. | 0.49% | 103,683 | $4.6M | Reduce -1.8% |
| DDOG Datadog Inc. Class A | 0.46% | 31,974 | $4.3M | Add +1.3% |
| DHR Danaher Corp. | 0.45% | 21,405 | $4.2M | Reduce -2.2% |
| V Visa Inc. Class A | 0.45% | 11,804 | $4.2M | Add +5.4% |
| WMT Walmart Inc. | 0.45% | 42,443 | $4.2M | Add +0.1% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.44% | 3,950 | $4.1M | No change |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.44% | 48,701 | $4.1M | Add +3.3% |
| KMI Kinder Morgan Inc. | 0.43% | 135,869 | $4.0M | Add +1.0% |
| IJR iShares Core S&P Small-Cap E | 0.42% | 36,179 | $4.0M | Reduce -56.0% |
| ISRA Vaneck Israel ETF | 0.42% | 74,883 | $3.9M | Add +0.5% |
| MELI MercadoLibre Inc. | 0.41% | 1,475 | $3.9M | Add +2.4% |
| C Citigroup Inc. | 0.40% | 43,308 | $3.7M | Add +4.7% |
| VLO Valero Energy Corp. | 0.37% | 25,459 | $3.4M | Add +1.9% |
| ZBRA Zebra Technologies Corp. Class A | 0.36% | 11,000 | $3.4M | No change |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.35% | 35,874 | $3.3M | Add +20.0% |
| PABU Ishr Par-Alnd Clim Opt Mue-U | 0.34% | 47,562 | $3.2M | Add +0.1% |
| OMF Onemain Holdings Inc. | 0.34% | 55,541 | $3.2M | Add +1.2% |
| AVUV Avantis US Small Cap Value | 0.34% | 34,574 | $3.1M | Add +1.4% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.33% | 52,776 | $3.0M | Add +5.0% |
| COF Capital One Financial Corp. | 0.32% | 14,081 | $3.0M | Add +31.4% |
| TSLA Tesla Inc. | 0.32% | 9,420 | $3.0M | Add +1.4% |
| MU Micron Technology Inc. | 0.32% | 24,168 | $3.0M | Add +8.0% |
| ISRG Intuitive Surgical Inc. | 0.31% | 5,362 | $2.9M | Add +3.2% |
| AMD Advanced Micro Devices | 0.31% | 20,357 | $2.9M | Add +13.9% |
| AMP Ameriprise Financial Inc. | 0.30% | 5,251 | $2.8M | Reduce -0.3% |
| VOO Vanguard S&P 500 ETF | 0.30% | 4,926 | $2.8M | Add +3.7% |
| AVGO Broadcom Inc. | 0.30% | 10,064 | $2.8M | Add +7.9% |
| CI The Cigna Group | 0.29% | 8,171 | $2.7M | Add +7.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.29% | 21,697 | $2.7M | Add +1.8% |
| ESGD iShares Trust iShares ESG Aw | 0.27% | 28,365 | $2.5M | Add +1.9% |
| XOM Exxon Mobil Corp. | 0.26% | 22,253 | $2.4M | Reduce -8.4% |
| AVEM Avantis Emerging Markets Eq | 0.25% | 34,641 | $2.4M | Reduce -0.1% |
| ONTO Onto Innovation Inc. | 0.25% | 23,514 | $2.4M | Add +11.6% |
| IWV iShares Russell 3000 ETF | 0.25% | 6,690 | $2.3M | No change |
| KNX Knight-Swift Transportation | 0.24% | 51,292 | $2.3M | Reduce -4.3% |
| BSX Boston Scientific Corp. | 0.23% | 19,916 | $2.1M | Add +0.2% |
| FOUR SHIFT4 Payments Inc. Class A | 0.23% | 21,571 | $2.1M | Reduce -0.6% |
| ADBE Adobe Inc. | 0.23% | 5,474 | $2.1M | Add +19.7% |
| AOR iShares Core 60/40 Balanced | 0.22% | 33,222 | $2.0M | Reduce -3.1% |
| CVX Chevron Corp. | 0.22% | 14,147 | $2.0M | Reduce -1.5% |
| SHV iShares 0-1 Year Treasury Bo | 0.22% | 18,180 | $2.0M | Reduce -24.3% |
| ABBV Abbvie Inc. | 0.21% | 10,581 | $2.0M | Add +1.7% |
| CARR Carrier Global Corp. | 0.21% | 26,611 | $1.9M | Add +2.8% |
| NKE Nike Inc. Class B | 0.21% | 27,000 | $1.9M | Add +12.2% |
| AMAT Applied Materials Inc. | 0.21% | 10,494 | $1.9M | Add +75.8% |
| EA Electronic Arts Inc. | 0.20% | 11,587 | $1.9M | Reduce -2.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.20% | 38,428 | $1.8M | Add +0.1% |
| CRM Salesforce Inc. | 0.19% | 6,337 | $1.7M | Add +7.3% |
| MRK Merck & Co. Inc. | 0.18% | 21,004 | $1.7M | Add +7.0% |
| LOW Lowe's Cos Inc. | 0.18% | 7,524 | $1.7M | Add +0.2% |
| UNH Unitedhealth Group Inc. | 0.17% | 5,024 | $1.6M | Add +33.2% |
| JNJ Johnson & Johnson | 0.17% | 10,089 | $1.5M | Add +0.1% |
| ITW Illinois Tool Works | 0.16% | 6,154 | $1.5M | Add +0.0% |
| EXAS Exact Sciences Corp. | 0.16% | 27,680 | $1.5M | Reduce -0.2% |
| TGT Target Corp. | 0.16% | 14,766 | $1.5M | Add +5.4% |
| VEA Vanguard Ftse Developed ETF | 0.15% | 25,047 | $1.4M | Add +2.0% |
| ZTS Zoetis Inc. | 0.15% | 9,101 | $1.4M | Reduce -8.4% |
| MTZ Mastec Inc. | 0.15% | 8,326 | $1.4M | Reduce -2.4% |
| ELV Elevance Health Inc. | 0.15% | 3,647 | $1.4M | Add +6.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.15% | 2,841 | $1.4M | Add +0.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $203K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 85 | $103K | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 85 | $100K | No change |
Lines left out (1) · $4 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| SCHO Schwab Short-Term US Treas | SHT TM US TRES | 0 | $4 |
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: $932.9M.
Portfolio Sells Q1 2025 → Q2 2025
| IJR iShares Core S&P Small-Cap E | Reduce -56.0% | 0.42% | −0.60 |
| DMXF iShares ESG Advanc MSCI Eafe | Reduce -2.9% | 5.83% | −0.18 |
| OGN Organon & Co. | Sold out | 0.00% | −0.12 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -24.3% | 0.22% | −0.10 |
| LMBS First Trust Low Duration Opp | Reduce -3.4% | 0.69% | −0.10 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -92.1% | 0.01% | −0.10 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -8.4% | 0.26% | −0.09 |
| DHR Danaher Corp. | Reduce -2.2% | 0.45% | −0.08 |
| IIPR Innovative Industrial Proper | Sold out | 0.00% | −0.07 |
| CVX Chevron Corp. | Reduce -1.5% | 0.22% | −0.07 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -3.5% | 4.98% | −0.06 |
| AES AES Corp. | Reduce -7.5% | 0.13% | −0.05 |
| ZTS Zoetis Inc. | Reduce -8.4% | 0.15% | −0.04 |
| MP MP Materials Corp. | Reduce -47.0% | 0.08% | −0.04 |
| FAST Fastenal Co. | Reduce -3.2% | 0.68% | −0.04 |
| KNX Knight-Swift Transportation | Reduce -4.3% | 0.24% | −0.03 |
| FANG Diamondback Energy Inc. | Reduce -1.4% | 0.10% | −0.03 |
| SCHF Schwab Intl Equity ETF | Reduce -2.9% | 0.99% | −0.02 |
| XLV SS Health Care Select Sector | Reduce -42.5% | 0.02% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -2.4% | 0.66% | −0.02 |
| OTIS Otis Worldwide Corp. | Reduce -1.5% | 0.09% | −0.02 |
| BSCR Invesco Bulletshares 2027 CB | Reduce -26.3% | 0.03% | −0.02 |
| UTG Reaves Utility Income Fund | Sold out | 0.00% | −0.02 |
| AOR iShares Core 60/40 Balanced | Reduce -3.1% | 0.22% | −0.01 |
| BSCS Invesco Bulletshares 2028 CB | Reduce -25.8% | 0.03% | −0.01 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -23.9% | 0.03% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -0.9% | 2.62% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Reduce -2.5% | 0.15% | −0.01 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -0.3% | 0.09% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.2% | 4.73% | −0.01 |
| BSJR Invesco Bulletshares 2027 HY | Reduce -43.8% | 0.01% | −0.01 |
| EA Electronic Arts Inc. | Reduce -2.7% | 0.20% | −0.01 |
| EAOR iShares ESG Aware 60/40 Bala | Reduce -3.6% | 0.07% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -13.8% | 0.04% | −0.00 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -7.8% | 0.13% | −0.00 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.00 |
| AMP Ameriprise Financial Inc. | Reduce -0.3% | 0.30% | −0.00 |
| GDXJ Vaneck Junior Gold Miners | Reduce -28.4% | 0.00% | −0.00 |
| L Loews Corp. | Reduce -31.6% | 0.00% | −0.00 |
| VGIT Vanguard Intermediate-Term T | Sold out | 0.00% | −0.00 |
| XMMO Invesco S&P Midcap Momentum | Sold out | 0.00% | −0.00 |
| GSK GSK PLC-Spon ADR | Sold out | 0.00% | −0.00 |
| IQLT iShares MSCI International Q | Sold out | 0.00% | −0.00 |
| SPIB SS SPDR P Int C Corp. ETF | Sold out | 0.00% | 0.00 |
| GH Guardant Health Inc. | Reduce -6.4% | 0.01% | +0.00 |
| AVEM Avantis Emerging Markets Eq | Reduce -0.1% | 0.25% | +0.01 |
| SCHC Schwab Intl Small-Cap Equity | Reduce -0.0% | 0.12% | +0.01 |
| EXAS Exact Sciences Corp. | Reduce -0.2% | 0.16% | +0.02 |
| FOUR SHIFT4 Payments Inc. Class A | Reduce -0.6% | 0.23% | +0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +6.7% | 6.77% | +0.44 |
| NVDA Nvidia Corp. | Add +0.3% | 1.21% | +0.29 |
| MSFT Microsoft Corp. | Add +1.1% | 1.14% | +0.20 |
| META Meta Platforms Inc. Class A | Add +3.5% | 1.04% | +0.17 |
| AVGO Broadcom Inc. | Add +7.9% | 0.30% | +0.11 |
| EQIX Equinix Inc. | Add +5678.3% | 0.11% | +0.11 |
| AMAT Applied Materials Inc. | Add +75.8% | 0.21% | +0.10 |
| COF Capital One Financial Corp. | Add +31.4% | 0.32% | +0.09 |
| AMD Advanced Micro Devices | Add +13.9% | 0.31% | +0.09 |
| DDOG Datadog Inc. Class A | Add +1.3% | 0.46% | +0.09 |
| MU Micron Technology Inc. | Add +8.0% | 0.32% | +0.09 |
| SUSA iShares ESG Optimized MSCI U | Add +1.7% | 6.49% | +0.09 |
| MELI MercadoLibre Inc. | Add +2.4% | 0.41% | +0.08 |
| SCHB Schwab US Broad Market ETF | Add +3.0% | 2.18% | +0.06 |
| P Everpure Inc. Class A | Add +5.0% | 0.33% | +0.06 |
| ALL Allstate Corp. | Add +239.8% | 0.09% | +0.06 |
| AMZN Amazon.com Inc. | Add +2.6% | 0.82% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +1.0% | 0.70% | +0.05 |
| C Citigroup Inc. | Add +4.7% | 0.40% | +0.05 |
| SCHG Schwab US Large-Cap Growth | Add +1.4% | 0.71% | +0.05 |
| ISRA Vaneck Israel ETF | Add +0.5% | 0.42% | +0.04 |
| SCZ iShares MSCI Eafe Small-Cap | Add +0.5% | 1.06% | +0.04 |
| ALAB Astera Labs Inc. | Add +38.4% | 0.08% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | Add +34.4% | 0.11% | +0.04 |
| TSLA Tesla Inc. | Add +1.4% | 0.32% | +0.04 |
| XPO Xpo Inc. | Add +46.7% | 0.10% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +4.9% | 0.63% | +0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +20.0% | 0.35% | +0.03 |
| NKE Nike Inc. Class B | Add +12.2% | 0.21% | +0.02 |
| DKNG Draftkings Inc. Class A | Add +3.3% | 0.14% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +1.8% | 0.54% | +0.02 |
| OMF Onemain Holdings Inc. | Add +1.2% | 0.34% | +0.02 |
| ADBE Adobe Inc. | Add +19.7% | 0.23% | +0.02 |
| ULTA Ulta Beauty Inc. | Add +0.5% | 0.13% | +0.02 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +24.1% | 0.07% | +0.02 |
| LHX L3HARRIS Technologies Inc. | Add +3.1% | 0.15% | +0.02 |
| VSAT Viasat Inc. | Add +11.1% | 0.05% | +0.01 |
| CARR Carrier Global Corp. | Add +2.8% | 0.21% | +0.01 |
| AOA iShares Core 80/20 Aggressiv | Add +17.9% | 0.10% | +0.01 |
| OTEX Open Text Corp. | Add +9.1% | 0.10% | +0.01 |
| VT Vanguard Tot World STK ETF | Add +10.5% | 0.12% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +3.7% | 0.30% | +0.01 |
| GNRC Generac Holdings Inc. | Add +7.3% | 0.11% | +0.01 |
| NET Cloudflare Inc. Class A | Add +0.3% | 0.02% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +3.2% | 0.31% | +0.01 |
| AOM iShares Core 40/60 Moderate | Add +19.8% | 0.05% | +0.01 |
| AGG iShares Core U.S. Aggregate | New | 0.01% | +0.01 |
| ORCL Oracle Corp. | Add +1.4% | 0.02% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +2.0% | 0.15% | +0.01 |
| BAC Bank of America Corp. | Add +0.1% | 0.20% | +0.00 |
Notes & Other Activity Q1 2025 → Q2 2025
| CHS INC (CHSINC 7.5 PERP 4) | PFD | Sold out | 6,896 | $179Kbefore exit |
| CHS INC (CHSINC V6.75 PERP 3) | PFD | Sold out | 7,049 | $173Kbefore 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 |