# CFS Investment Advisory Services, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1845688. Source: https://holderbook.com/funds/1845688-cfs-investment-advisory-services-llc/

- Reported value: $1.5B
- Positions: 357
- Weight of the ten largest: 34.8%
- Filed: 2026-07-16

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $130.6M | 1,490,244 | 8.7% | 20 |
| PACER FDS TR | [PTLC](https://holderbook.com/stocks/PTLC/) | $118.1M | 2,031,377 | 7.9% | 20 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $55.8M | 652,189 | 3.7% | 9 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $41.0M | 166,111 | 2.7% | 9 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $35.8M | 533,175 | 2.4% | 10 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $31.5M | 42,125 | 2.1% | 9 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $29.3M | 414,301 | 2.0% | 9 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $28.6M | 646,249 | 1.9% | 19 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $27.6M | 362,191 | 1.8% | 9 |
| BLACKROCK ETF TRUST | [CORO](https://holderbook.com/stocks/CORO/) | $23.1M | 644,329 | 1.5% | 2 |
| DIMENSIONAL ETF TRUST | [DFCF](https://holderbook.com/stocks/DFCF/) | $23.0M | 544,478 | 1.5% | 19 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $22.1M | 163,210 | 1.5% | 9 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $22.1M | 480,540 | 1.5% | 20 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $21.7M | 216,009 | 1.4% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $20.3M | 65,892 | 1.4% | 8 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $19.8M | 360,811 | 1.3% | 16 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $18.6M | 819,652 | 1.2% | 20 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $17.4M | 185,207 | 1.2% | 9 |
| DIMENSIONAL ETF TRUST | [DFAE](https://holderbook.com/stocks/DFAE/) | $16.8M | 432,486 | 1.1% | 16 |
| BLACKROCK ETF TRUST | [BAI](https://holderbook.com/stocks/BAI/) | $16.6M | 353,805 | 1.1% | 5 |
| BLACKROCK ETF TRUST II | [BRTR](https://holderbook.com/stocks/BRTR/) | $16.3M | 325,235 | 1.1% | 8 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $15.1M | 257,190 | 1.0% | 16 |
| BLACKROCK ETF TRUST | [IALT](https://holderbook.com/stocks/IALT/) | $14.5M | 515,750 | 1.0% | 1 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $13.7M | 231,939 | 0.9% | 9 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $13.7M | 186,946 | 0.9% | 9 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $13.6M | 181,150 | 0.9% | 2 |
| SPDR SERIES TRUST | [SPTL](https://holderbook.com/stocks/SPTL/) | $13.5M | 521,233 | 0.9% | 20 |
| INVESCO EXCH TRADED FD TR II | [SPMO](https://holderbook.com/stocks/SPMO/) | $13.5M | 89,281 | 0.9% | 7 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $12.9M | 110,515 | 0.9% | 9 |
| SCHWAB STRATEGIC TR | [SCHZ](https://holderbook.com/stocks/SCHZ/) | $12.4M | 539,041 | 0.8% | 9 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $11.8M | 240,488 | 0.8% | 13 |
| DIMENSIONAL ETF TRUST | [DFUS](https://holderbook.com/stocks/DFUS/) | $11.7M | 143,910 | 0.8% | 16 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $11.6M | 280,164 | 0.8% | 18 |
| GLOBAL X FDS | [SHLD](https://holderbook.com/stocks/SHLD/) | $11.2M | 174,549 | 0.7% | 4 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $10.9M | 189,724 | 0.7% | 20 |
| BLACKROCK ETF TRUST | [THRO](https://holderbook.com/stocks/THRO/) | $10.2M | 240,273 | 0.7% | 6 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $9.9M | 50,591 | 0.7% | 14 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $9.8M | 27,325 | 0.7% | 16 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $9.6M | 198,349 | 0.6% | 5 |
| ISHARES TR | [XT](https://holderbook.com/stocks/XT/) | $9.0M | 109,236 | 0.6% | 20 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $8.8M | 109,873 | 0.6% | 20 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $8.6M | 87,256 | 0.6% | 9 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $8.0M | 48,723 | 0.5% | 20 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $7.6M | 29,062 | 0.5% | 9 |
| DIMENSIONAL ETF TRUST | [DFSD](https://holderbook.com/stocks/DFSD/) | $7.6M | 158,867 | 0.5% | 18 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $7.5M | 30,884 | 0.5% | 9 |
| SPDR INDEX SHS FDS | [NANR](https://holderbook.com/stocks/NANR/) | $7.2M | 94,701 | 0.5% | 20 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $7.0M | 47,896 | 0.5% | 9 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $6.5M | 67,295 | 0.4% | 20 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $6.3M | 24,175 | 0.4% | 20 |
| ISHARES INC | [DVYE](https://holderbook.com/stocks/DVYE/) | $6.3M | 194,623 | 0.4% | 8 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $6.2M | 16,910 | 0.4% | 9 |
| BLACKROCK ETF TRUST | [BIDD](https://holderbook.com/stocks/BIDD/) | $6.2M | 207,490 | 0.4% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $6.2M | 18,389 | 0.4% | 20 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $6.1M | 49,733 | 0.4% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [FDL](https://holderbook.com/stocks/FDL/) | $6.1M | 123,207 | 0.4% | 8 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $6.1M | 28,058 | 0.4% | 20 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $5.9M | 4,838 | 0.4% | 9 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $5.8M | 42,224 | 0.4% | 20 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.7M | 14,685 | 0.4% | 9 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $5.7M | 50,589 | 0.4% | 9 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $5.6M | 34,408 | 0.4% | 9 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $5.6M | 98,000 | 0.4% | 20 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $5.4M | 58,386 | 0.4% | 4 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $5.3M | 51,149 | 0.4% | 9 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $5.2M | 22,793 | 0.3% | 9 |
| WW GRAINGER INC | [GWW](https://holderbook.com/stocks/GWW/) | $4.9M | 3,615 | 0.3% | 9 |
| ISHARES TR | [IJJ](https://holderbook.com/stocks/IJJ/) | $4.8M | 32,465 | 0.3% | 9 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $4.5M | 12,307 | 0.3% | 9 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $4.3M | 42,646 | 0.3% | 16 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $4.3M | 28,198 | 0.3% | 9 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $4.2M | 51,434 | 0.3% | 7 |
| ISHARES TR | [IJK](https://holderbook.com/stocks/IJK/) | $4.2M | 36,413 | 0.3% | 9 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $3.9M | 10,202 | 0.3% | 9 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $3.9M | 7,762 | 0.3% | 8 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $3.9M | 46,772 | 0.3% | 9 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $3.9M | 5,667 | 0.3% | 9 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.8M | 10,517 | 0.3% | 17 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $3.8M | 74,372 | 0.3% | 16 |
| CINTAS CORP | [CTAS](https://holderbook.com/stocks/CTAS/) | $3.7M | 20,346 | 0.2% | 9 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.6M | 14,831 | 0.2% | 8 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $3.6M | 6,556 | 0.2% | 13 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $3.5M | 37,648 | 0.2% | 1 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $3.5M | 28,754 | 0.2% | 8 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $3.5M | 9,251 | 0.2% | 8 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $3.4M | 26,467 | 0.2% | 20 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $3.4M | 9,422 | 0.2% | 15 |
| BLACKROCK ETF TRUST II | [BINC](https://holderbook.com/stocks/BINC/) | $3.4M | 64,752 | 0.2% | 8 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $3.4M | 31,325 | 0.2% | 9 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $3.3M | 11,395 | 0.2% | 15 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $3.3M | 47,719 | 0.2% | 16 |
| DIMENSIONAL ETF TRUST | [DFEM](https://holderbook.com/stocks/DFEM/) | $3.3M | 82,727 | 0.2% | 16 |
| NUCOR CORP | [NUE](https://holderbook.com/stocks/NUE/) | $3.2M | 14,563 | 0.2% | 9 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $3.1M | 39,814 | 0.2% | 9 |
| AMERICAN CENTY ETF TR | [AVMC](https://holderbook.com/stocks/AVMC/) | $3.1M | 38,813 | 0.2% | 5 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $3.0M | 34,473 | 0.2% | 20 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $3.0M | 12,733 | 0.2% | 20 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $2.9M | 20,661 | 0.2% | 9 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.9M | 9,925 | 0.2% | 9 |
| PIMCO ETF TR | [SMMU](https://holderbook.com/stocks/SMMU/) | $2.9M | 56,772 | 0.2% | 5 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +10.5% | +14.8% | -4.4% | 94% |
| Q1 2026 | -1.5% | -4.6% | +3.1% | 100% |
| Q4 2025 | +1.8% | +2.4% | -0.6% | 99% |
| Q3 2025 | +6.1% | +7.8% | -1.7% | 100% |
| Q2 2025 | +6.4% | +10.5% | -4.1% | 100% |
| Q1 2025 | -1.2% | -4.6% | +3.3% | 100% |
| Q4 2024 | -1.8% | +2.1% | -3.9% | 100% |
| Q3 2024 | +5.8% | +5.4% | +0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.5B | 357 |
| Q1 2026 | $1.5B | 353 |
| Q4 2025 | $1.4B | 330 |
| Q3 2025 | $1.3B | 341 |
| Q2 2025 | $1.2B | 324 |
| Q1 2025 | $1.1B | 307 |
| Q4 2024 | $1.1B | 294 |
| Q3 2024 | $1.2B | 290 |
| Q2 2024 | $1.2B | 257 |
| Q1 2024 | $594.8M | 157 |
| Q4 2023 | $555.4M | 150 |
| Q3 2023 | $627.6M | 160 |