CFS Investment Advisory Services, LLC
CIK 1845688 · View on SEC EDGAR ↗
- Portfolio value
- $1.5B
- Positions
- 357
- As of
- June 30, 2026
#1,862 of 9,443 by 13F value · top 19.7%
Portfolio value QoQ: +3.3% 13F does not disclose cash
- Top 10 holdings weight
- 34.77%
- Top 25 holdings weight
- 52.89%
- Positions above 1%
- 22
- Effective number of positions
- 44.9
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 7.23% Est. buys $160,141,404 · sells $106,651,103
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 85.2% still held
- New positions
- 15
- Increased
- 126
- Decreased
- 189
- Closed
- 11
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
4.2%
Healthcare
2.6%
Industrials
2.1%
Financials
1.7%
Retail
1.1%
Materials
0.9%
Utilities
0.8%
Financial Services
0.8%
Energy
0.7%
Consumer Staples
0.7%
Communication Services
0.5%
Consumer products
0.4%
Consumer Discretionary
0.4%
Communications
0.2%
Telecommunication
0.1%
Logistics & Transportation
0.1%
Real Estate
0.0%
Other/Unmapped
82.7%
Full portfolio 357 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SPYM | $130,649,670 | 8.71% | 1,490,244 | $37,856,010 | Up ×4 | ||
| PTLC | $118,104,259 | 7.88% | 2,031,377 | $5,614,377 | Down ×3 | ||
| VUG | $55,762,151 | 3.72% | 652,189 | $2,696,308 | Up ×2 | ||
| IWD | $40,997,763 | 2.73% | 166,111 | $549,021 | Down ×2 | ||
| DYNF | $35,792,057 | 2.39% | 533,175 | $-1,779,175 | Down ×2 | ||
| IVV | $31,527,883 | 2.10% | 42,125 | $1,222,923 | Down ×2 | ||
| VEA | $29,336,623 | 1.96% | 414,301 | $6,319,243 | Up ×6 | ||
| DFAC | $28,596,518 | 1.91% | 646,249 | $1,342,359 | Down ×1 | ||
| IJH | $27,559,097 | 1.84% | 362,191 | $5,214,918 | Up ×1 | ||
| CORO iShares International Country Rotation Active ETF | $23,131,411 | 1.54% | 644,329 | $1,099,878 | Up ×1 | ||
| DFCF | $22,971,527 | 1.53% | 544,478 | $408,923 | Up ×6 | ||
| IVW | $22,100,266 | 1.47% | 163,210 | $590,626 | Down ×2 | ||
| IUSB iShares Core Universal USD Bond ETF | $22,085,618 | 1.47% | 480,540 | $4,863,143 | Up ×1 | ||
| SGOV iShares 0-3 Month Treasury Bond ETF | $21,695,988 | 1.45% | 216,009 | $73,599 | Up ×2 | ||
| AAPL Apple Inc. - Common Stock | $20,336,314 | 1.36% | 65,892 | $2,431,652 | Down ×1 | ||
| DFIV | $19,797,700 | 1.32% | 360,811 | $-615,828 | Down ×6 | ||
| GOVT | $18,597,904 | 1.24% | 819,652 | $211,284 | Up ×2 | ||
| MBB iShares MBS ETF | $17,433,535 | 1.16% | 185,207 | $-358,353 | Down ×2 | ||
| DFAE | $16,797,756 | 1.12% | 432,486 | $344,179 | Down ×1 | ||
| BAI | $16,628,835 | 1.11% | 353,805 | $-2,763,604 | Down ×2 | ||
| BRTR iShares Total Return Active ETF | $16,287,769 | 1.09% | 325,235 | $1,505,405 | Up ×3 | ||
| VGIT Vanguard Intermediate-Term Treasury ETF | $15,122,772 | 1.01% | 257,190 | $3,704,608 | Up ×6 | ||
| IALT iShares Systematic Alternatives Active ETF | $14,471,939 | 0.97% | 515,750 | Up ×1 | |||
| VWO | $13,693,705 | 0.91% | 231,939 | $2,847,254 | Up ×6 | ||
| BND Vanguard Total Bond Market ETF | $13,667,622 | 0.91% | 186,946 | $3,824,900 | Up ×4 | ||
| ACWX iShares MSCI ACWI ex U.S. ETF | $13,627,915 | 0.91% | 181,150 | $2,363,955 | Up ×1 | ||
| SPTL | $13,546,846 | 0.90% | 521,233 | $-7,220,558 | Down ×3 | ||
| SPMO | $13,466,253 | 0.90% | 89,281 | $-3,233,018 | Down ×1 | ||
| IEI iShares 3-7 Year Treasury Bond ETF | $12,942,412 | 0.86% | 110,515 | $-840,104 | Down ×2 | ||
| SCHZ | $12,424,895 | 0.83% | 539,041 | $-1,585,218 | Down ×3 | ||
| CGDV | $11,771,885 | 0.79% | 240,488 | $389,601 | Down ×1 | ||
| DFUS | $11,744,495 | 0.78% | 143,910 | $866,919 | Up ×3 | ||
| DFAI | $11,649,219 | 0.78% | 280,164 | $233,459 | Up ×6 | ||
| SHLD | $11,164,154 | 0.74% | 174,549 | $-2,021,022 | Down ×1 | ||
| NOBL | $10,948,972 | 0.73% | 189,724 | $670,453 | Up ×1 | ||
| THRO | $10,245,241 | 0.68% | 240,273 | $-5,393,999 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $9,856,652 | 0.66% | 50,591 | $-116,634 | Up ×2 | ||
| AVGO Broadcom Inc. - Common Stock | $9,849,296 | 0.66% | 27,325 | $-1,116,307 | Up ×1 | ||
| BNDX Vanguard Total International Bond ETF | $9,568,356 | 0.64% | 198,349 | $-313,679 | Down ×1 | ||
| XT iShares Future Exponential Technologies ETF | $8,983,569 | 0.60% | 109,236 | $724,913 | Down ×6 | ||
| IEMG | $8,772,260 | 0.58% | 109,873 | $-1,764,211 | Down ×2 | ||
| AGG | $8,604,314 | 0.57% | 87,256 | $-663,364 | Down ×2 | ||
| ESGU iShares ESG Aware MSCI USA ETF | $7,961,338 | 0.53% | 48,723 | $451,144 | Up ×1 | ||
| JNJ Johnson & Johnson Common Stock | $7,644,465 | 0.51% | 29,062 | $809,493 | Down ×1 | ||
| DFSD | $7,585,899 | 0.51% | 158,867 | $110,601 | Up ×4 | ||
| IYW | $7,519,636 | 0.50% | 30,884 | $566,949 | Down ×5 | ||
| NANR | $7,202,958 | 0.48% | 94,701 | $-739,043 | Down ×6 | ||
| IJR | $7,015,866 | 0.47% | 47,896 | $406,803 | Down ×2 | ||
| IEFA | $6,547,787 | 0.44% | 67,295 | $15,799 | Up ×1 | ||
| ABBV AbbVie Inc. Common Stock | $6,311,367 | 0.42% | 24,175 | $1,198,555 | Down ×2 | ||
| DVYE | $6,259,076 | 0.42% | 194,623 | $-3,096,424 | Down ×2 | ||
| OEF | $6,190,413 | 0.41% | 16,910 | $375,269 | Up ×1 | ||
| BIDD | $6,162,453 | 0.41% | 207,490 | $-1,746,097 | Down ×3 | ||
| JPM JP Morgan Chase & Co. Common Stock | $6,150,569 | 0.41% | 18,389 | $441,543 | Down ×1 | ||
| EFG | $6,148,491 | 0.41% | 49,733 | $-359,103 | Down ×6 | ||
| FDL | $6,141,869 | 0.41% | 123,207 | $-151,854 | Down ×2 | ||
| QUAL | $6,128,709 | 0.41% | 28,058 | $-12,140,051 | Down ×4 | ||
| LLY Eli Lilly and Company Common Stock | $5,872,775 | 0.39% | 4,838 | $1,477,818 | Up ×1 | ||
| XOM Exxon Mobil Corporation Common Stock | $5,788,488 | 0.39% | 42,224 | $-409,146 | Down ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $5,734,389 | 0.38% | 14,685 | $-157,660 | Up ×1 | ||
| WMT Walmart Inc. - Common Stock | $5,657,874 | 0.38% | 50,589 | $-753,846 | Up ×4 | ||
| ITOT | $5,634,613 | 0.38% | 34,408 | $249,588 | Down ×2 | ||
| SPSM | $5,581,093 | 0.37% | 98,000 | $2,390,849 | Up ×5 | ||
| AVEM | $5,397,202 | 0.36% | 58,386 | $-3,891,670 | Down ×1 | ||
| EFA | $5,338,421 | 0.36% | 51,149 | $-95,295 | Down ×4 | ||
| IVE | $5,246,879 | 0.35% | 22,793 | $-2,419,690 | Down ×2 | ||
| GWW W.W. Grainger, Inc. Common Stock | $4,854,873 | 0.32% | 3,615 | $596,187 | Down ×6 | ||
| IJJ | $4,764,563 | 0.32% | 32,465 | $106,663 | Down ×3 | ||
| VTI | $4,538,243 | 0.30% | 12,307 | $228,112 | Up ×6 | ||
| STIP | $4,317,055 | 0.29% | 42,646 | $1,216,230 | Up ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $4,269,459 | 0.28% | 28,198 | $65,645 | Down ×2 | ||
| GLDM | $4,193,928 | 0.28% | 51,434 | $-1,234,253 | Down ×3 | ||
| IJK | $4,192,251 | 0.28% | 36,413 | $124,349 | Down ×6 | ||
| IWO | $3,945,930 | 0.26% | 10,202 | $272,674 | Down ×6 | ||
| BRKB | $3,941,388 | 0.26% | 7,762 | $19,459 | Down ×1 | ||
| KO Coca-Cola Company (The) Common Stock | $3,935,396 | 0.26% | 46,772 | $363,649 | Down ×1 | ||
| VOO | $3,880,723 | 0.26% | 5,667 | $797,364 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $3,785,173 | 0.25% | 10,517 | $306,187 | Up ×4 | ||
| ICSH | $3,751,324 | 0.25% | 74,372 | $672,823 | Up ×6 | ||
| CTAS Cintas Corporation - Common Stock | $3,690,154 | 0.25% | 20,346 | $-47,511 | Down ×2 | ||
| AMZN Amazon.com, Inc. - Common Stock | $3,599,039 | 0.24% | 14,831 | $-388,373 | Down ×1 | ||
| LIN Linde plc - Ordinary Shares | $3,574,007 | 0.24% | 6,556 | $285,418 | Down ×1 | ||
| IEF iShares 7-10 Year Treasury Bond ETF | $3,543,430 | 0.24% | 37,648 | Up ×1 | |||
| AFL AFLAC Incorporated Common Stock | $3,475,819 | 0.23% | 28,754 | $129,865 | Down ×2 | ||
| AMGN Amgen Inc. - Common Stock | $3,461,262 | 0.23% | 9,251 | $131,035 | Down ×1 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $3,429,065 | 0.23% | 26,467 | $276,091 | Down ×1 | ||
| CB Chubb Limited Common Stock | $3,402,944 | 0.23% | 9,422 | $228,630 | Down ×2 | ||
| BINC | $3,375,521 | 0.23% | 64,752 | $-4,769,982 | Down ×4 | ||
| MUB | $3,367,438 | 0.22% | 31,325 | $-62,175 | Down ×2 | ||
| QQQM Invesco NASDAQ 100 ETF | $3,343,459 | 0.22% | 11,395 | $256,876 | Down ×2 | ||
| DFAT | $3,320,288 | 0.22% | 47,719 | $21,107 | Down ×6 | ||
| DFEM | $3,257,789 | 0.22% | 82,727 | $-22,053 | Down ×2 | ||
| NUE Nucor Corporation Common Stock | $3,214,782 | 0.21% | 14,563 | $289,659 | Down ×6 | ||
| EFV | $3,099,520 | 0.21% | 39,814 | $-10,945,336 | Down ×4 | ||
| AVMC | $3,097,277 | 0.21% | 38,813 | $186,768 | Up ×4 | ||
| NEE NextEra Energy, Inc. Common Stock | $3,045,345 | 0.20% | 34,473 | $-140,382 | Down ×2 | ||
| CAH Cardinal Health, Inc. Common Stock | $3,042,423 | 0.20% | 12,733 | $230,594 | Down ×6 | ||
| C Citigroup, Inc. Common Stock | $2,891,920 | 0.19% | 20,661 | $169,541 | Up ×6 | ||
| IBM International Business Machines Corporation Common Stock | $2,873,486 | 0.19% | 9,925 | $271,870 | Down ×2 | ||
| SMMU | $2,862,444 | 0.19% | 56,772 | $-16,466 | Down ×4 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| SPYM | $130,649,670 | 8.71% | up ×4 |
| VEA | $29,336,623 | 1.96% | up ×6 |
| DFCF | $22,971,527 | 1.53% | up ×6 |
| BRTR | $16,287,769 | 1.09% | up ×3 |
| VGIT | $15,122,772 | 1.01% | up ×6 |
| VWO | $13,693,705 | 0.91% | up ×6 |
| BND | $13,667,622 | 0.91% | up ×4 |
| DFUS | $11,744,495 | 0.78% | up ×3 |
| DFAI | $11,649,219 | 0.78% | up ×6 |
| DFSD | $7,585,899 | 0.51% | up ×4 |
| WMT | $5,657,874 | 0.38% | up ×4 |
| SPSM | $5,581,093 | 0.37% | up ×5 |
| VTI | $4,538,243 | 0.30% | up ×6 |
| GOOGL | $3,785,173 | 0.25% | up ×4 |
| ICSH | $3,751,324 | 0.25% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| IALT | $14,471,939 | 515,750 | 0.97% |
| IEF | $3,543,430 | 37,648 | 0.24% |
| VTEI | $845,200 | 8,377 | 0.06% |
| GGOV | $828,673 | 16,514 | 0.06% |
| GVI | $487,375 | 4,606 | 0.03% |
| XLK | $387,907 | 2,148 | 0.03% |
| TSCO | $386,932 | 12,183 | 0.03% |
| XLI | $309,337 | 1,682 | 0.02% |
| XLE | $307,133 | 5,771 | 0.02% |
| GWX | $304,979 | 6,962 | 0.02% |
| INTU | $218,353 | 793 | 0.01% |
| EAGG | $211,267 | 4,476 | 0.01% |
| SCHG | $203,492 | 5,964 | 0.01% |
| SNDK | $200,675 | 115 | 0.01% |
| MRVL | $200,157 | 816 | 0.01% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| SPYM | Bought more | +380K | +$37.9M |
| QUAL | Trimmed | -60K | -$12.1M |
| EFV | Trimmed | -139K | -$10.9M |
| SPTL | Trimmed | -264K | -$7.2M |
| VEA | Bought more | +84K | +$6.3M |
| PTLC | Trimmed | -3K | +$5.6M |
| THRO | Trimmed | -151K | -$5.4M |
| IJH | Bought more | +56K | +$5.2M |
| IUSB | Bought more | +110K | +$4.9M |
| BINC | Trimmed | -90K | -$4.8M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| IAGG | June 30, 2026 | 31,200 | $1,566,552 | No longer tracked |
| PTNQ | March 31, 2026 | 11,908 | $936,564 | |
| SPIB | Dec. 31, 2025 | 23,110 | $786,896 | No longer tracked |
| IBMN | Dec. 31, 2025 | 23,929 | $640,579 | No longer tracked |
| MSI | Dec. 31, 2025 | 1,038 | $455,672 | 24.5% |
| INTC | Dec. 31, 2025 | 11,192 | $428,415 | 149.1% |
| IBTF | Dec. 31, 2025 | 16,468 | $384,528 | No longer tracked |
| ACN | March 31, 2026 | 1,414 | $379,376 | -7.9% |
| KMB | March 31, 2026 | 3,511 | $354,225 | 12.4% |
| GIS | Dec. 31, 2025 | 7,449 | $353,157 | -15.4% |
| HON | June 30, 2026 | 1,470 | $343,319 | -1.9% |
| FXC | Dec. 31, 2025 | 4,898 | $341,880 | No longer tracked |
| GLW | Dec. 31, 2025 | 3,898 | $340,716 | 75.4% |
| EOG | Dec. 31, 2025 | 3,196 | $339,990 | 45.5% |
| GLD | June 30, 2026 | 750 | $334,448 | No longer tracked |
| SCZ | June 30, 2026 | 3,777 | $321,763 | |
| CLX | Dec. 31, 2025 | 2,733 | $316,618 | 4.6% |
| IWR | March 31, 2026 | 2,969 | $285,826 | No longer tracked |
| HYDB | Dec. 31, 2025 | 5,881 | $280,288 | No longer tracked |
| KMI | Dec. 31, 2025 | 10,670 | $275,914 | 14.8% |
| HYMB | June 30, 2026 | 10,712 | $269,835 | No longer tracked |
| EMGF | March 31, 2026 | 4,597 | $265,936 | No longer tracked |
| SNV | March 31, 2026 | 5,300 | $265,265 | No longer tracked |
| XMLV | March 31, 2026 | 4,165 | $259,762 | No longer tracked |
| HRL | March 31, 2026 | 10,395 | $246,362 | 5.8% |
| COF | March 31, 2026 | 977 | $236,786 | 19.3% |
| K | Dec. 31, 2025 | 2,846 | $236,303 | No longer tracked |
| APH | Dec. 31, 2025 | 1,749 | $234,051 | 15.3% |
| IEV | June 30, 2026 | 3,177 | $232,715 | No longer tracked |
| SLV | March 31, 2026 | 3,548 | $228,562 | No longer tracked |
| INTU | March 31, 2026 | 343 | $227,210 | -16.6% |
| VRT | June 30, 2026 | 717 | $220,363 | -21.1% |
| HAS | Dec. 31, 2025 | 2,863 | $219,592 | 14.5% |
| DLR | Dec. 31, 2025 | 1,204 | $215,853 | 26.9% |
| NKE | March 31, 2026 | 3,387 | $215,786 | -23.2% |
| HCA | June 30, 2026 | 439 | $214,232 | 6.6% |
| IGV | Dec. 31, 2025 | 1,834 | $212,744 | No longer tracked |
| LHX | June 30, 2026 | 603 | $211,261 | -7.0% |
| SCHR | Dec. 31, 2025 | 8,312 | $210,294 | No longer tracked |
| MCHP | Dec. 31, 2025 | 3,301 | $208,524 | 19.8% |
| IFRA | Dec. 31, 2025 | 3,796 | $205,136 | No longer tracked |
| IGEB | Dec. 31, 2025 | 4,399 | $204,092 | No longer tracked |
| CRWD | Dec. 31, 2025 | 386 | $203,546 | -60.1% |
| TMO | March 31, 2026 | 351 | $203,387 | 26.2% |
| MO | Dec. 31, 2025 | 3,141 | $203,128 | 15.8% |
| TXXI | June 30, 2026 | 4,000 | $202,820 | No longer tracked |
| MPWR | June 30, 2026 | 137 | $201,164 | -4.8% |
| HEFA | June 30, 2025 | 88,355 | $3,206 | No longer tracked |
| TLH | March 31, 2025 | 11,662 | $1,161 | No longer tracked |
| INTF | Sept. 30, 2025 | 30,824 | $1,055 | No longer tracked |
| AXON | Sept. 30, 2025 | 1,145 | $948 | -15.2% |
| IFRA | June 30, 2025 | 8,684 | $391 | No longer tracked |
| SPTM | March 31, 2025 | 5,392 | $385 | No longer tracked |
| COWZ | March 31, 2025 | 6,669 | $377 | No longer tracked |
| SHYG | June 30, 2025 | 8,383 | $356 | No longer tracked |
| ALB | June 30, 2025 | 4,730 | $341 | 126.9% |
| SYLD | March 31, 2025 | 4,945 | $339 | No longer tracked |
| BKLC | June 30, 2025 | 3,001 | $319 | No longer tracked |
| ES | June 30, 2025 | 4,503 | $280 | 13.0% |
| GIS | March 31, 2025 | 4,363 | $278 | -34.2% |
| BFB | June 30, 2025 | 8,033 | $273 | No longer tracked |
| USHY | June 30, 2025 | 7,257 | $267 | No longer tracked |
| IGEB | March 31, 2025 | 5,478 | $243 | No longer tracked |
| KVUE | March 31, 2025 | 11,186 | $239 | -21.0% |
| HRL | June 30, 2025 | 7,658 | $237 | -20.8% |
| INTC | June 30, 2025 | 10,360 | $235 | 310.4% |
| IDEV | Sept. 30, 2025 | 3,072 | $234 | No longer tracked |
| NVO | March 31, 2025 | 2,692 | $232 | -32.7% |
| SHY | Sept. 30, 2025 | 2,800 | $232 | |
| MEAR | March 31, 2025 | 4,506 | $225 | No longer tracked |
| BRO | June 30, 2025 | 1,794 | $223 | -35.1% |
| DFAR | June 30, 2025 | 9,231 | $219 | No longer tracked |
| TMO | March 31, 2025 | 419 | $218 | 24.7% |
| HEZU | June 30, 2025 | 5,578 | $217 | No longer tracked |
| SCHG | Sept. 30, 2025 | 7,269 | $212 | No longer tracked |
| SCHV | Sept. 30, 2025 | 7,677 | $212 | No longer tracked |
| AWR | March 31, 2025 | 2,683 | $209 | 13.5% |
| DLR | March 31, 2025 | 1,169 | $207 | 37.0% |
| WST | June 30, 2025 | 923 | $207 | 61.2% |
| NDSN | June 30, 2025 | 1,013 | $204 | 56.3% |
| VUSB | Sept. 30, 2025 | 4,101 | $204 | No longer tracked |
| CRM | March 31, 2025 | 608 | $203 | -23.4% |
| IBTJ | Sept. 30, 2025 | 9,241 | $203 | -1.8% |
| EVRG | June 30, 2025 | 2,927 | $202 | 19.8% |
| K | June 30, 2025 | 2,440 | $201 | No longer tracked |