IMA Advisory Services, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), IMA Advisory Services, Inc. reported 1,003 stock positions worth $1.0 billion. Its top holding was Vngrd Mrgstr LRG-Cap ETF-Usd (VV) at 7.9% of the portfolio, followed by iShares ESG Optimized MSCI U (SUSA, 6.9%) and iShares ESG Advanc MSCI Eafe (DMXF, 5.3%). Compared with Q3 2025, it opened 466 new positions, sold out of 12, added to 210 and reduced 90. The biggest buy was a new position in Schwab Fndmntl US LRG Co. ETF (FNDX) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001455495
- Portfolio Value
- $1.0B (Q4 2025)
- SEC Filing
- 0001455495-26-000004 ↗ filed Feb 11, 2026
Holdings Value
Holdings 1,003 stocks · $1.0B
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 7.93% | 262,685 | $82.5M | Add +5.1% |
| SUSA iShares ESG Optimized MSCI U | 6.89% | 514,454 | $71.7M | Reduce -0.6% |
| DMXF iShares ESG Advanc MSCI Eafe | 5.29% | 732,980 | $55.0M | Add +0.2% |
| DSI iShares ESG MSCI KLD 400 ETF | 5.02% | 407,924 | $52.3M | Reduce -2.8% |
| SCHX Schwab US Large-Cap ETF | 4.62% | 1,788,112 | $48.1M | Reduce -1.0% |
| VSGX Vanguard ESG Intl Stock ETF | 3.44% | 500,363 | $35.8M | Add +1.2% |
| ESGV Vanguard ESG US Stock ETF | 3.17% | 272,981 | $33.0M | Reduce -0.4% |
| JCPB JPMorgan Core Plus Bond ETF | 2.59% | 567,642 | $27.0M | Add +14.6% |
| VXUS Vanguard Total Intl Stock | 2.48% | 342,421 | $25.8M | Add +1.1% |
| BSCU Invesco Bulletshares 2030 CB | 2.30% | 1,416,186 | $24.0M | Add +6.7% |
| BSCT Invesco Bulletshares 2029 CB | 2.21% | 1,221,624 | $23.0M | Add +6.3% |
| SCHB Schwab US Broad Market ETF | 2.20% | 872,697 | $22.9M | Add +5.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.90% | 29,028 | $19.8M | Add +6.8% |
| BND Vanguard Total Bond Market | 1.73% | 242,790 | $18.0M | Add +11.1% |
| HYDB iShares High Yield Systemati | 1.34% | 294,840 | $14.0M | Add +5.8% |
| SCHM Schwab US Mid Cap ETF | 1.33% | 460,324 | $13.8M | Add +2.9% |
| SCHA Schwab US Small-Cap ETF | 1.28% | 469,627 | $13.4M | Add +1.1% |
| NVDA Nvidia Corp. | 1.21% | 67,673 | $12.6M | Reduce -2.6% |
| VSS Vanguard Ftse All Wo X-US SC | 1.21% | 87,909 | $12.6M | Reduce -1.8% |
| AAPL Apple Inc. | 1.06% | 40,607 | $11.0M | Add +19.8% |
| MSFT Microsoft Corp. | 1.00% | 21,629 | $10.5M | Add +1.2% |
| SCHF Schwab Intl Equity ETF | 0.97% | 420,687 | $10.1M | Add +0.8% |
| SCZ iShares MSCI Eafe Small-Cap | 0.93% | 124,917 | $9.7M | Reduce -5.9% |
| UITB Victoryshares Core Intermedi | 0.92% | 201,895 | $9.6M | Add +3.7% |
| VCEB Vanguard ESG US Corp. Bond | 0.91% | 148,608 | $9.5M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 0.86% | 28,601 | $9.0M | Reduce -0.0% |
| META Meta Platforms Inc. Class A | 0.85% | 13,446 | $8.9M | Add +2.6% |
| AMZN Amazon.com Inc. | 0.78% | 35,238 | $8.1M | Add +0.7% |
| EFA iShares MSCI Eafe ETF | 0.70% | 75,585 | $7.3M | Reduce -11.5% |
| JPM JPMorgan Chase & Co. | 0.67% | 21,614 | $7.0M | Reduce -2.7% |
| LMBS First Trust Low Duration Opp | 0.67% | 139,042 | $7.0M | Add +6.3% |
| SCHG Schwab US Large-Cap Growth | 0.67% | 212,471 | $6.9M | Reduce -0.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.66% | 14,680 | $6.9M | Reduce -0.3% |
| BSJT Invesco Bulletshares 2029 HY | 0.66% | 319,430 | $6.9M | Add +1.1% |
| SCHD Schwab US DVD Equity ETF | 0.66% | 250,392 | $6.9M | Reduce -59.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.66% | 20,397 | $6.8M | Add +4.9% |
| MU Micron Technology Inc. | 0.63% | 23,145 | $6.6M | Reduce -6.3% |
| WMT Walmart Inc. | 0.59% | 55,147 | $6.1M | Add +1.0% |
| FPE FT-Preferred Secur & Inc. ETF | 0.58% | 329,769 | $6.0M | Add +1.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.57% | 80,177 | $5.9M | Add +23.3% |
| FAST Fastenal Co. | 0.56% | 145,121 | $5.8M | No change |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.53% | 202,228 | $5.5M | New |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.52% | 88,924 | $5.4M | New |
| PG The Procter & Gamble Co. | 0.52% | 37,584 | $5.4M | Reduce -4.6% |
| QCOM Qualcomm Inc. | 0.48% | 28,958 | $5.0M | Add +0.0% |
| C Citigroup Inc. | 0.47% | 41,527 | $4.8M | Reduce -2.6% |
| LITE Lumentum Holdings Inc. | 0.45% | 12,735 | $4.7M | Reduce -3.5% |
| CTAS Cintas Corp. | 0.44% | 24,540 | $4.6M | No change |
| DHR Danaher Corp. | 0.44% | 20,004 | $4.6M | Reduce -2.4% |
| IJR iShares Core S&P Small-Cap E | 0.43% | 37,398 | $4.5M | Add +0.2% |
| AMD Advanced Micro Devices | 0.43% | 20,827 | $4.5M | Add +0.5% |
| EXEL Exelixis Inc. | 0.42% | 99,457 | $4.4M | Reduce -3.1% |
| DDOG Datadog Inc. Class A | 0.41% | 31,399 | $4.3M | Reduce -1.3% |
| V Visa Inc. Class A | 0.41% | 12,148 | $4.3M | Add +2.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.41% | 46,150 | $4.2M | Reduce -10.7% |
| TSLA Tesla Inc. | 0.40% | 9,354 | $4.2M | Reduce -0.2% |
| VLO Valero Energy Corp. | 0.39% | 24,741 | $4.0M | Reduce -1.9% |
| GWW WW Grainger Inc. | 0.38% | 3,950 | $4.0M | No change |
| IVV iShares Core S&P 500 ETF | 0.37% | 5,617 | $3.8M | Add +2587.6% |
| KMI Kinder Morgan Inc. | 0.35% | 134,056 | $3.7M | Reduce -1.1% |
| AVUV Avantis US Small Cap Value | 0.35% | 36,108 | $3.7M | Add +4.7% |
| OMF Onemain Holdings Inc. | 0.35% | 53,931 | $3.6M | Reduce -1.4% |
| ISRA Vaneck Israel ETF | 0.34% | 61,099 | $3.6M | Reduce -17.6% |
| ONTO Onto Innovation Inc. | 0.34% | 22,613 | $3.6M | Reduce -0.8% |
| VOO Vanguard S&P 500 ETF | 0.34% | 5,686 | $3.6M | Reduce -2.0% |
| P Everpure Inc. Class A filed as PURE STORAGE INC | 0.34% | 52,483 | $3.5M | Reduce -0.1% |
| AVGO Broadcom Inc. | 0.34% | 10,161 | $3.5M | Add +1.0% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.33% | 39,894 | $3.4M | Reduce -16.9% |
| PABU Ishr Par-Alnd Clim Opt Mue-U | 0.33% | 47,166 | $3.4M | Add +0.2% |
| COF Capital One Financial Corp. | 0.31% | 13,482 | $3.3M | Reduce -2.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.31% | 20,937 | $3.2M | Reduce -2.5% |
| ISRG Intuitive Surgical Inc. | 0.29% | 5,353 | $3.0M | Reduce -0.2% |
| MELI MercadoLibre Inc. | 0.29% | 1,473 | $3.0M | Reduce -0.5% |
| IGF iShares Global Infrastructur | 0.27% | 46,334 | $2.8M | Add +1.6% |
| AMAT Applied Materials Inc. | 0.27% | 10,963 | $2.8M | Reduce -0.2% |
| AVEM Avantis Emerging Markets Eq | 0.27% | 36,224 | $2.8M | Add +5.3% |
| ESGD iShares Trust iShares ESG Aw | 0.26% | 28,883 | $2.7M | Add +1.8% |
| EXAS Exact Sciences Corp. | 0.26% | 26,695 | $2.7M | Reduce -1.9% |
| ZBRA Zebra Technologies Corp. Class A | 0.26% | 11,000 | $2.7M | No change |
| XOM Exxon Mobil Corp. | 0.26% | 22,193 | $2.7M | Reduce -0.3% |
| IWV iShares Russell 3000 ETF | 0.25% | 6,690 | $2.6M | No change |
| SHV iShares 0-1 Year Treasury Bo | 0.24% | 22,798 | $2.5M | Add +8375.1% |
| KNX Knight-Swift Transportation | 0.23% | 46,177 | $2.4M | Reduce -7.2% |
| AMP Ameriprise Financial Inc. | 0.23% | 4,917 | $2.4M | Reduce -1.9% |
| NKE Nike Inc. Class B | 0.23% | 36,893 | $2.4M | Add +35.7% |
| ABBV Abbvie Inc. | 0.22% | 10,183 | $2.3M | Reduce -2.1% |
| CI The Cigna Group | 0.21% | 8,029 | $2.2M | Reduce -3.2% |
| MRK Merck & Co. Inc. | 0.21% | 20,665 | $2.2M | Reduce -1.7% |
| JNJ Johnson & Johnson | 0.20% | 10,288 | $2.1M | Add +0.9% |
| CVX Chevron Corp. | 0.20% | 13,917 | $2.1M | Reduce -3.9% |
| MRVL Marvell Technology Inc. | 0.19% | 23,404 | $2.0M | Add +0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 34,930 | $1.9M | Reduce -9.1% |
| TRIP Tripadvisor Inc. | 0.18% | 130,662 | $1.9M | New |
| LOW Lowe's Cos Inc. | 0.18% | 7,865 | $1.9M | Add +0.5% |
| ADBE Adobe Inc. | 0.18% | 5,407 | $1.9M | Reduce -3.3% |
| BSX Boston Scientific Corp. | 0.18% | 19,206 | $1.8M | Reduce -1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.17% | 3,553 | $1.8M | Add +25.1% |
| MTZ Mastec Inc. | 0.17% | 8,089 | $1.8M | Reduce -1.6% |
| DFAC Dimensional US Core Equity 2 | 0.16% | 43,095 | $1.7M | Reduce -0.1% |
| REGN Regeneron Pharmaceuticals | 0.16% | 2,148 | $1.7M | Reduce -1.1% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $426K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CHS INC (CHSINC V6.75 PERP 3) | PFD | 6,729 | $166K | Reduce -4.5% |
| CHS INC (CHSINC 7.5 PERP 4) | PFD | 6,193 | $157K | Reduce -10.2% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 85 | $103K | No change |
Lines left out (2) · $9 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| SIRI Sirius XM Holdings Inc. | COMMON STOCK | 0 | $5 |
| 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: $1.0B.
Portfolio Sells Q3 2025 → Q4 2025
| SCHD Schwab US DVD Equity ETF | Reduce -59.9% | 0.66% | −1.06 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -2.8% | 5.02% | −0.28 |
| SUSA iShares ESG Optimized MSCI U | Reduce -0.6% | 6.89% | −0.19 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.0% | 4.62% | −0.17 |
| IJH iShares Core S&P Midcap ETF | Reduce -48.4% | 0.04% | −0.11 |
| EFA iShares MSCI Eafe ETF | Reduce -11.5% | 0.70% | −0.11 |
| P Everpure Inc. Class A | Reduce -0.1% | 0.34% | −0.11 |
| ESGV Vanguard ESG US Stock ETF | Reduce -0.4% | 3.17% | −0.10 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -5.9% | 0.93% | −0.10 |
| NVDA Nvidia Corp. | Reduce -2.6% | 1.21% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -4.6% | 0.52% | −0.09 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -16.9% | 0.33% | −0.08 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -1.8% | 1.21% | −0.08 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -10.7% | 0.41% | −0.07 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.3% | 0.66% | −0.07 |
| MELI MercadoLibre Inc. | Reduce -0.5% | 0.29% | −0.06 |
| ISRA Vaneck Israel ETF | Reduce -17.6% | 0.34% | −0.06 |
| DDOG Datadog Inc. Class A | Reduce -1.3% | 0.41% | −0.05 |
| MP MP Materials Corp. | Reduce -4.0% | 0.10% | −0.05 |
| VLO Valero Energy Corp. | Reduce -1.9% | 0.39% | −0.05 |
| FTSM First Trust Enh Short Mat FD | Reduce -97.3% | 0.00% | −0.04 |
| FOUR SHIFT4 Payments Inc. Class A | Reduce -1.5% | 0.13% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -2.7% | 0.67% | −0.04 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -48.3% | 0.09% | −0.03 |
| KMI Kinder Morgan Inc. | Reduce -1.1% | 0.35% | −0.03 |
| ZTS Zoetis Inc. | Reduce -5.6% | 0.10% | −0.03 |
| GNRC Generac Holdings Inc. | Reduce -1.6% | 0.10% | −0.03 |
| CI The Cigna Group | Reduce -3.2% | 0.21% | −0.03 |
| CARR Carrier Global Corp. | Reduce -0.9% | 0.13% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -4.4% | 0.16% | −0.02 |
| SCHG Schwab US Large-Cap Growth | Reduce -0.8% | 0.67% | −0.02 |
| OTEX Open Text Corp. | Reduce -2.4% | 0.10% | −0.02 |
| CVX Chevron Corp. | Reduce -3.9% | 0.20% | −0.02 |
| ABBV Abbvie Inc. | Reduce -2.1% | 0.22% | −0.02 |
| ADBE Adobe Inc. | Reduce -3.3% | 0.18% | −0.02 |
| DKNG Draftkings Inc. Class A | Reduce -2.5% | 0.10% | −0.02 |
| AMP Ameriprise Financial Inc. | Reduce -1.9% | 0.23% | −0.02 |
| BSX Boston Scientific Corp. | Reduce -1.8% | 0.18% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -2.0% | 0.34% | −0.02 |
| TSLA Tesla Inc. | Reduce -0.2% | 0.40% | −0.02 |
| BAC Bank of America Corp. | Reduce -9.1% | 0.18% | −0.02 |
| SLV iShares Silver Trust | Sold out | 0.00% | −0.01 |
| DOCU Docusign Inc. | Reduce -1.1% | 0.09% | −0.01 |
| GLD SPDR Gold Shares | Reduce -25.1% | 0.04% | −0.01 |
| EXEL Exelixis Inc. | Reduce -3.1% | 0.42% | −0.01 |
| FBIN Fortune Brands Innovations I | Reduce -5.1% | 0.05% | −0.01 |
| ALL Allstate Corp. | Reduce -1.1% | 0.08% | −0.01 |
| EQIX Equinix Inc. | Reduce -0.5% | 0.10% | −0.01 |
| MTZ Mastec Inc. | Reduce -1.6% | 0.17% | −0.01 |
| VGSH Vanguard Short-Term Treasury | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| FNDX Schwab Fndmntl US LRG Co. ETF | New | 0.53% | +0.53 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | New | 0.52% | +0.52 |
| IVV iShares Core S&P 500 ETF | Add +2587.6% | 0.37% | +0.36 |
| SHV iShares 0-1 Year Treasury Bo | Add +8375.1% | 0.24% | +0.24 |
| JCPB JPMorgan Core Plus Bond ETF | Add +14.6% | 2.59% | +0.22 |
| AAPL Apple Inc. | Add +19.8% | 1.06% | +0.19 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +5.1% | 7.93% | +0.19 |
| TRIP Tripadvisor Inc. | New | 0.18% | +0.18 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.14% | +0.14 |
| DE Deere & Co. | Add +618.1% | 0.12% | +0.10 |
| VEU Vanguard Ftse All-World Ex-U | Add +23.3% | 0.57% | +0.10 |
| AMD Advanced Micro Devices | Add +0.5% | 0.43% | +0.09 |
| BND Vanguard Total Bond Market | Add +11.1% | 1.73% | +0.09 |
| IBM Intl Business Machines Corp. | Add +34512.5% | 0.08% | +0.08 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.8% | 1.90% | +0.08 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +71.5% | 0.15% | +0.06 |
| SCHB Schwab US Broad Market ETF | Add +5.0% | 2.20% | +0.05 |
| BSCU Invesco Bulletshares 2030 CB | Add +6.7% | 2.30% | +0.04 |
| NKE Nike Inc. Class B | Add +35.7% | 0.23% | +0.03 |
| BSCT Invesco Bulletshares 2029 CB | Add +6.3% | 2.21% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +25.1% | 0.17% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +263.0% | 0.04% | +0.03 |
| TXN Texas Instruments Inc. | Add +484.1% | 0.03% | +0.02 |
| WMT Walmart Inc. | Add +1.0% | 0.59% | +0.02 |
| JNJ Johnson & Johnson | Add +0.9% | 0.20% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +4.9% | 0.66% | +0.01 |
| LMBS First Trust Low Duration Opp | Add +6.3% | 0.67% | +0.01 |
| TXT Textron Inc. | New | 0.01% | +0.01 |
| IXJ iShares Global Healthcare Et | New | 0.01% | +0.01 |
| CMCSA Comcast Corp. Class A | Add +1593.7% | 0.01% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.01% | +0.01 |
| AVUV Avantis US Small Cap Value | Add +4.7% | 0.35% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.4% | 0.14% | +0.01 |
| AVEM Avantis Emerging Markets Eq | Add +5.3% | 0.27% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +88.7% | 0.01% | +0.01 |
| AMZN Amazon.com Inc. | Add +0.7% | 0.78% | +0.01 |
| LLY Eli Lilly & Co. | Add +20.0% | 0.01% | +0.01 |
| NEM Newmont Corp. | Add +26200.0% | 0.01% | +0.01 |
| FEOE First Eagle Overseas Eq ETF | New | 0.00% | +0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +30.0% | 0.02% | +0.00 |
| VBIL Vanguard 0-3M T-Bill ETF | New | 0.00% | +0.00 |
| AVGO Broadcom Inc. | Add +1.0% | 0.34% | +0.00 |
| CPB The Campbell's Company | New | 0.00% | +0.00 |
| BSJV Invesco Bulletshares 2031 HY | Add +24.2% | 0.02% | +0.00 |
| AXP American Express Co. | Add +4.7% | 0.03% | +0.00 |
| SDVY First Trust Smid Cap Rising | Add +37.0% | 0.01% | +0.00 |
| APP AppLovin Corp. Class A | Add +185.7% | 0.00% | +0.00 |
| CAT Caterpillar Inc. | Add +16.2% | 0.01% | +0.00 |
| DAL Delta Air Lines Inc. | Add +6.8% | 0.01% | +0.00 |
| HYMB SS SPDR N Ice HY Muni ETF | Add +18.1% | 0.02% | +0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| CHS INC (CHSINC V6.75 PERP 3) | PFD | Reduce -4.5% | 6,729 | $166K |
| CHS INC (CHSINC 7.5 PERP 4) | PFD | Reduce -10.2% | 6,193 | $157K |
| SIRI Sirius XM Holdings Inc. | COMMON STOCK | New | 0 | $5 |
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 |