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Livermore
Livermore
ZHEN

CBIZ Investment Advisory Services, LLC

SEC CIK
0001795934
Latest filing
Aug 13, 2026

The latest 13F from CBIZ Investment Advisory Services, LLC covers Q2 2026 (filed Aug 13, 2026): 415 long positions worth $2.74B. The top 10 holdings make up 95.3% of the portfolio, and the largest is Vanguard Total Bond Market ETF at 23.1%. Livermore has 23 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
0
Added
0
Reduced
7
Est. −$2.24B
Sold out
0

Top 5 holdings

Share of this quarter's portfolio value

  1. Vanguard Total Bond Market ETF921937835
    23.1%$631.8M
  2. Vanguard Morningstar Value ETF922908744
    19.4%$530.1M
  3. Vanguard Ftse All-World Ex-US Index Fund922042775
    14.7%$401.9M
  4. Vanguard Morningstar Growth ETF922908736
    14.4%$394.9M
  5. Invesco QQQ Trust Series I46090E103
    8.9%$242.8M

Share of portfolio

Top 5 holdings and the other 410 positions, by share of portfolio value

  1. Vanguard Total Bond Market ETF23.1%
  2. Vanguard Morningstar Value ETF19.4%
  3. Vanguard Ftse All-World Ex-US Index Fund14.7%
  4. Vanguard Morningstar Growth ETF14.4%
  5. Invesco QQQ Trust Series I8.9%
  6. Other 410 positions19.5%

Biggest buys

New and added positions, by estimated amount bought

None this quarter.

Largest weight increases

New and added positions, by percentage points of the portfolio gained

None this quarter.

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. Vanguard Morningstar Growth ETF922908736
    −$1.97BReducedConverted for a 6-for-1 split
  2. Vanguard Morningstar Mid-Cap ETF922908629
    −$256.2MReducedConverted for a 4-for-1 split
  3. iShares Russell 1000 Growth ETF464287614
    −$4.29MReducedConverted for a 4-for-1 split
  4. Vanguard Information Technology ETF92204A702
    −$1.20MReducedConverted for a 8-for-1 split
  5. BKNGBooking Holdings Inc.
    −$101.0KReducedConverted for a 25-for-1 splitHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

None this quarter.

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$2.74B
$0 (0.0%) vs. prior quarter
Positions
415
0 vs. prior quarter
Top 10 concentration
95.3%
Top 10 as share of value
Turnover
0.0%
Q2 2026, one quarter
Average holding period
15.7 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $2.74B (Q1 2026)

Q1 2021: $2.08BQ2 2021: $1.17BQ3 2021: $1.19BQ4 2021: $1.28BQ1 2022: $1.23BQ2 2022: $1.09BQ3 2022: $99.6MQ4 2022: $185.9MQ1 2023: $1.14BQ2 2023: $1.17BQ3 2023: $1.09BQ4 2023: $1.31BQ1 2024: $1.44BQ2 2024: $1.78BQ3 2024: $1.93BQ4 2024: $2.00BQ1 2025: $2.04BQ2 2025: $2.26BQ3 2025: $2.55BQ4 2025: $2.64BQ1 2026: $2.74BQ2 2026: $2.74B
Q1 2021Q2 2026
13F filings of CBIZ Investment Advisory Services, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 13, 2026415$2.74BVanguard Total Bond Market ETFVanguard Morningstar Value ETFVanguard Ftse All-World Ex-US Index Fundvs. Q1 2026SEC
Q1 2026May 12, 2026415$2.74BVanguard Total Bond Market ETFVanguard Morningstar Value ETFVanguard Ftse All-World Ex-US Index Fundvs. Q4 2025SEC
Q4 2025Feb 9, 2026769$2.64BVanguard Total Bond Market ETFVanguard Morningstar Growth ETFVanguard Morningstar Value ETFvs. Q3 2025SEC
Q3 2025Nov 6, 2025665$2.55BVanguard Total Bond Market ETFVanguard Morningstar Growth ETFVanguard Morningstar Value ETFvs. Q2 2025SEC
Q2 2025Aug 11, 2025741$2.26BVanguard Total Bond Market ETFVanguard Morningstar Growth ETFVanguard Ftse All-World Ex-US Index Fundvs. Q1 2025SEC
Q1 2025Jun 3, 2025Amended619$2.04BVanguard Total Bond Market ETFVanguard Morningstar Value ETFVanguard Ftse All-World Ex-US Index Fundvs. Q4 2024SEC
Q4 2024Feb 10, 2025478$2.00BVanguard Total Bond Market ETFVanguard Morningstar Growth ETFVanguard Morningstar Value ETFvs. Q3 2024SEC
Q3 2024Nov 12, 2024403$1.93BVanguard Total Bond Market ETFVanguard Morningstar Value ETFVanguard Morningstar Growth ETFvs. Q2 2024SEC
Q2 2024Aug 9, 2024401$1.78BVanguard Total Bond Market ETFVanguard Morningstar Growth ETFVanguard Ftse All-World Ex-US Index Fundvs. Q1 2024SEC
Q1 2024May 13, 2024357$1.44BVanguard Total Bond Market ETFVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETFvs. Q4 2023SEC
Q4 2023Feb 9, 202445$1.31BVanguard Total Bond Market ETFVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETFvs. Q3 2023SEC
Q3 2023Nov 3, 202333$1.09BVanguard Total Bond Market ETFVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETFvs. Q2 2023SEC
Q2 2023Aug 8, 202331$1.17BVanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Value ETFvs. Q1 2023SEC
Q1 2023May 9, 202333$1.14BVanguard Morningstar Growth ETFVanguard Total Bond Market ETFVanguard Morningstar Value ETFvs. Q4 2022SEC
Q4 2022Feb 1, 202327$185.9MVanguard Scottsdale FDSVanguard Morningstar Total Stock Market ETFVanguard Scottsdale FDSvs. Q3 2022SEC
Q3 2022Nov 1, 202226$99.6MVanguard Morningstar Total Stock Market ETFVanguard Intermediate-Term Corporate Bond ETFVanguard Scottsdale FDSvs. Q2 2022SEC
Q2 2022Aug 2, 202234$1.09BVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Value ETFVanguard Morningstar Growth ETFvs. Q1 2022SEC
Q1 2022May 3, 202221$1.23BVanguard S&P 500 ETFVanguard Ftse All-World Ex-US Index FundVanguard Total Bond Market ETFvs. Q4 2021SEC
Q4 2021Feb 11, 202234$1.28BVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETFVanguard Morningstar Value ETFvs. Q3 2021SEC
Q3 2021Nov 12, 2021106$1.19BVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETFVanguard Morningstar Value ETFvs. Q2 2021SEC
Q2 2021Aug 16, 2021103$1.17BVanguard Ftse All-World Ex-US Index FundVanguard Morningstar Growth ETFVanguard Morningstar Value ETFvs. Q1 2021SEC
Q1 2021May 17, 202193$2.08BVanguard Morningstar Mid-Cap Value ETFVanguard Morningstar Mid-Cap ETFVanguard Ftse All-World Ex-US Index Fund–SEC