CBIZ Investment Advisory Services, LLC
Long book
$2.74B
Q1 2026
Positions
415
Top-10 weight
95%
concentration
Last quarter
+10.9%
SPY +14.8%
Turnover
47%
of book per quarter
Strategy in plain words
auto-generated from filingsCBIZ Investment Advisory Services, LLC is a wealth-management firm allocating client money, running a $2.74B US long book across 415 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VANGUARD TOTAL BOND MARKET, VANGUARD VALUE ETF, VANGUARD FTSE ALL-WORLD EX-U, VANGUARD GROWTH ETF, INVESCO QQQ TRUST SERIES 1.
Over the last 9 quarters its long book ran on average 0.9pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.3%
Q2 2024
+6.2%
Q3 2024
-0.7%
Q4 2024
-0.6%
Q1 2025
+8.6%
Q2 2025
+5.8%
Q3 2025
+2.1%
Q4 2025
-1.6%
Q1 2026
+10.9%
Sector allocation
Technology 50%
Financials 20%
Consumer discretionary 7%
Industrials 7%
Healthcare 6%
Services media 3%
Utilities 2%
Energy 2%
Long book by quarter
What does CBIZ Investment own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 14.2K | $3.6M | 0.1% | -21.3% |
| NVDA NVIDIA CORP | Technology | 4.6K | $807K | 0.0% | -51.2% |
| JPM JPMORGAN CHASE & CO | Financials | 2.5K | $735K | 0.0% | -25.7% |
| MSFT MICROSOFT CORP | Technology | 1.8K | $667K | 0.0% | -46.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 1.4K | $652K | 0.0% | -40.2% |
| AVGO BROADCOM INC | Technology | 1.6K | $483K | 0.0% | -39.0% |
| WMT WALMART INC | Consumer discretionary | 3.5K | $439K | 0.0% | -25.7% |
| LLY ELI LILLY & CO | Healthcare | 406 | $373K | 0.0% | -30.1% |
| PKBK PARKE BANCORP INC | Financials | 12.6K | $357K | 0.0% | Held |
| GOOG ALPHABET INC-CL C | Technology | 1.2K | $344K | 0.0% | Held |
| CM CAN IMPERIAL BK OF COMMERCE | Financials | 3.1K | $291K | 0.0% | Held |
| CAT CATERPILLAR INC | Industrials | 405 | $287K | 0.0% | -20.1% |
| GOOGL ALPHABET INC-CL A | Technology | 945 | $272K | 0.0% | -77.8% |
| BAC BANK OF AMERICA CORP | Financials | 4.0K | $195K | 0.0% | -34.4% |
| AMZN AMAZON.COM INC | Consumer discretionary | 799 | $166K | 0.0% | -81.3% |
| CBZ CBIZ INC | Services media | 4.7K | $126K | 0.0% | Held |
| CEG CONSTELLATION ENERGY | Utilities | 422 | $118K | 0.0% | +761.2% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 2.2K | $110K | 0.0% | -2.5% |
| ABBV ABBVIE INC | Healthcare | 502 | $109K | 0.0% | -55.6% |
| ORCL ORACLE CORP | Technology | 711 | $105K | 0.0% | -39.6% |
| HD HOME DEPOT INC | Consumer discretionary | 272 | $89K | 0.0% | -46.8% |
| T AT&T INC | Communications | 3.0K | $88K | 0.0% | -22.0% |
| RSG REPUBLIC SERVICES INC | Utilities | 400 | $88K | 0.0% | -10.1% |
| GILD GILEAD SCIENCES INC | Healthcare | 615 | $86K | 0.0% | -25.4% |
| ITW ILLINOIS TOOL WORKS | Industrials | 322 | $84K | 0.0% | -26.1% |
| XOM EXXON MOBIL CORP | Energy | 465 | $79K | 0.0% | -62.8% |
| DIS WALT DISNEY CO/THE | Services media | 800 | $77K | 0.0% | -27.8% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 76 | $76K | 0.0% | -55.6% |
| PSX PHILLIPS 66 | Energy | 375 | $68K | 0.0% | -2.3% |
| MCD MCDONALD'S CORP | Consumer discretionary | 218 | $68K | 0.0% | -42.5% |
| LMT LOCKHEED MARTIN CORP | Industrials | 106 | $64K | 0.0% | -43.9% |
| PNC PNC FINANCIAL SERVICES GROUP | Financials | 298 | $62K | 0.0% | -36.6% |
| TRV TRAVELERS COS INC/THE | Financials | 208 | $61K | 0.0% | -19.1% |
| CVX CHEVRON CORP | Energy | 277 | $57K | 0.0% | -71.0% |
| KMPR KEMPER CORP | Financials | 1.8K | $55K | 0.0% | Held |
| TSLA TESLA INC | Industrials | 145 | $54K | 0.0% | -87.8% |
| RTX RTX CORP | Industrials | 276 | $53K | 0.0% | -75.2% |
| KO COCA-COLA CO/THE | Consumer staples | 657 | $50K | 0.0% | -66.8% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 204 | $49K | 0.0% | -50.0% |
| MO ALTRIA GROUP INC | Consumer staples | 740 | $49K | 0.0% | -20.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 307 | $44K | 0.0% | -51.9% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 127 | $42K | 0.0% | -20.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 163 | $40K | 0.0% | -75.8% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 175 | $40K | 0.0% | -75.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 12, 2026 | 422 | $2.74B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 9, 2026 | 776 | $2.64B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 6, 2025 | 668 | $2.55B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 11, 2025 | 742 | $2.26B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR/ARESTATEMENT | Jun 3, 2025 | 632 | $2.04B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 5, 2025 | 377 | $346.2M | SEC ↗ | |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 478 | $2.00B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 404 | $1.93B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 9, 2024 | 401 | $1.78B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 357 | $1.44B | canonical | SEC ↗ |