Kapstone Financial Advisors LLC
CIK 1966087 · View on SEC EDGAR ↗
- Portfolio value
- $238.8M
- Positions
- 175
- As of
- June 30, 2026
#5,870 of 9,443 by 13F value · top 62.2%
Portfolio value QoQ: +17.0% 13F does not disclose cash
- Top 10 holdings weight
- 48.08%
- Top 25 holdings weight
- 66.73%
- Positions above 1%
- 20
- Effective number of positions
- 18.8
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.91% Est. buys $31,802,813 · sells $4,237,251
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 87.1% still held
- New positions
- 27
- Increased
- 47
- Decreased
- 48
- Closed
- 6
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
16.9%
Communication Services
5.6%
Healthcare
4.5%
Industrials
3.9%
Financials
3.3%
Consumer products
2.3%
Retail
2.0%
Energy
1.9%
Financial Services
1.7%
Consumer Staples
1.5%
Communications
0.9%
Utilities
0.8%
Consumer Discretionary
0.5%
Real Estate
0.2%
Logistics & Transportation
0.1%
Materials
0.1%
Telecommunication
0.1%
Other/Unmapped
53.6%
Full portfolio 175 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| IVV | $45,928,926 | 19.23% | 61,329 | $7,060,351 | Up ×6 | ||
| AAPL Apple Inc. - Common Stock | $17,937,675 | 7.51% | 61,991 | $1,899,452 | Down ×4 | ||
| HDV | $13,669,824 | 5.72% | 498,717 | $189,860 | Up ×2 | ||
| IVW | $7,393,616 | 3.10% | 53,760 | $2,125,065 | Up ×6 | ||
| QQQ Invesco QQQ Trust, Series 1 | $5,493,544 | 2.30% | 7,460 | $1,362,090 | Up ×6 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $5,293,364 | 2.22% | 14,812 | $976,513 | Down ×2 | ||
| PG Procter & Gamble Company (The) Common Stock | $4,976,375 | 2.08% | 33,936 | $329,740 | Up ×2 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $4,972,009 | 2.08% | 42,616 | $-979,978 | Up ×2 | ||
| VYM | $4,608,629 | 1.93% | 29,163 | $241,308 | Down ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $4,568,282 | 1.91% | 8,110 | $-282,236 | Down ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $4,500,602 | 1.88% | 12,065 | $318,321 | Up ×6 | ||
| NVDA NVIDIA Corporation - Common Stock | $4,073,312 | 1.71% | 20,357 | $534,025 | Up ×2 | ||
| ABBV AbbVie Inc. Common Stock | $3,841,081 | 1.61% | 15,264 | $878,410 | Up ×1 | ||
| IWF | $3,630,234 | 1.52% | 29,236 | $503,443 | Up ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $3,288,796 | 1.38% | 9,308 | $609,810 | Down ×4 | ||
| DVY iShares Select Dividend ETF | $3,274,172 | 1.37% | 20,948 | $72,608 | Down ×1 | ||
| JPM JP Morgan Chase & Co. Common Stock | $3,097,524 | 1.30% | 9,463 | $405,960 | Up ×2 | ||
| BRKB | $3,048,876 | 1.28% | 6,093 | $45,730 | Down ×1 | ||
| IBIT iShares Bitcoin Trust ETF | $2,585,435 | 1.08% | 77,664 | $264,368 | Up ×2 | ||
| MU Micron Technology, Inc. - Common Stock | $2,535,975 | 1.06% | 2,197 | $1,648,131 | Down ×1 | ||
| FENI | $2,198,201 | 0.92% | 54,777 | $523,234 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $2,178,904 | 0.91% | 9,142 | $292,394 | Up ×2 | ||
| JNJ Johnson & Johnson Common Stock | $2,123,951 | 0.89% | 8,363 | $296,273 | Up ×2 | ||
| XOM Exxon Mobil Corporation Common Stock | $2,099,598 | 0.88% | 15,357 | $-74,411 | Up ×3 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $2,072,347 | 0.87% | 17,643 | $772,249 | Up ×3 | ||
| FTCS First Trust Capital Strength ETF | $1,967,530 | 0.82% | 20,949 | $6,584 | Down ×1 | ||
| DGRO | $1,798,421 | 0.75% | 23,729 | $148,630 | Up ×1 | ||
| SPY SPY | $1,717,571 | 0.72% | 2,300 | $242,600 | Up ×1 | ||
| GS Goldman Sachs Group, Inc. (The) Common Stock | $1,549,419 | 0.65% | 1,532 | $1,268,550 | Up ×1 | ||
| RSPT | $1,518,330 | 0.64% | 23,540 | $452,910 | |||
| LCNB LCNB Corporation - Common Stock | $1,506,883 | 0.63% | 85,667 | $165,098 | Down ×1 | ||
| FTGS First Trust Growth Strength ETF | $1,442,790 | 0.60% | 38,992 | $94,789 | Down ×5 | ||
| MSTR Strategy Inc - Class A Common Stock | $1,442,169 | 0.60% | 16,590 | $-617,031 | Up ×1 | ||
| PM Philip Morris International Inc Common Stock | $1,409,072 | 0.59% | 7,789 | $117,402 | Down ×3 | ||
| VOE | $1,401,972 | 0.59% | 7,095 | $96,901 | Up ×1 | ||
| VTV | $1,361,794 | 0.57% | 6,249 | $732,384 | Up ×1 | ||
| CAH Cardinal Health, Inc. Common Stock | $1,358,614 | 0.57% | 5,719 | $165,550 | Up ×1 | ||
| ADI Analog Devices, Inc. - Common Stock | $1,291,597 | 0.54% | 3,252 | $260,187 | Up ×3 | ||
| RDVY First Trust Rising Dividend Achievers ETF | $1,227,978 | 0.51% | 15,149 | $161,240 | Down ×1 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $1,152,388 | 0.48% | 8,968 | $73,627 | |||
| MPC Marathon Petroleum Corporation Common Stock | $1,147,958 | 0.48% | 4,490 | $-131,545 | Down ×1 | ||
| KO Coca-Cola Company (The) Common Stock | $1,135,194 | 0.48% | 13,968 | $461,149 | Up ×3 | ||
| V Visa Inc. | $1,087,656 | 0.46% | 3,170 | $134,942 | Up ×2 | ||
| MO Altria Group, Inc. | $1,082,196 | 0.45% | 15,041 | $78,822 | Down ×1 | ||
| VUG | $1,067,275 | 0.45% | 12,390 | $702,992 | Up ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $1,049,597 | 0.44% | 1,122 | $-68,397 | |||
| SPMO | $1,046,941 | 0.44% | 6,481 | $657,695 | Up ×1 | ||
| LRCX Lam Research Corporation - Common Stock | $984,959 | 0.41% | 2,273 | $499,310 | |||
| VBR | $967,100 | 0.40% | 3,980 | $81,372 | Down ×1 | ||
| UBER Uber Technologies, Inc. Common Stock | $940,894 | 0.39% | 13,039 | $-115,686 | Down ×1 | ||
| DUK Duke Energy Corporation (Holding Company) Common Stock | $928,971 | 0.39% | 7,339 | $-34,093 | Down ×1 | ||
| CMI Cummins Inc. Common Stock | $871,206 | 0.36% | 1,222 | $213,999 | |||
| FCOR | $859,450 | 0.36% | 18,228 | $109,376 | Up ×1 | ||
| VV | $848,426 | 0.36% | 2,467 | $138,358 | Up ×2 | ||
| CSX CSX Corporation - Common Stock | $832,488 | 0.35% | 17,515 | $64,237 | Down ×1 | ||
| BRKA | $748,850 | 0.31% | 1 | $30,710 | |||
| LMT Lockheed Martin Corporation Common Stock | $746,868 | 0.31% | 1,466 | $-23,729 | Up ×2 | ||
| SMH SMH | $728,038 | 0.30% | 1,110 | $478,445 | Up ×1 | ||
| AXON Axon Enterprise, Inc. - Common Stock | $719,263 | 0.30% | 1,283 | $147,630 | Down ×1 | ||
| HBAN Huntington Bancshares Incorporated - Common Stock | $711,363 | 0.30% | 40,122 | $83,454 | |||
| MOAT | $680,626 | 0.28% | 6,547 | $46,854 | Down ×1 | ||
| CVX Chevron Corporation Common Stock | $678,290 | 0.28% | 4,092 | $-1,158,982 | Down ×1 | ||
| JEPQ JPMorgan Nasdaq Equity Premium Income ETF | $669,607 | 0.28% | 10,895 | $167,595 | Up ×3 | ||
| MLM Martin Marietta Materials, Inc. Common Stock | $668,395 | 0.28% | 1,159 | $-72,164 | Down ×1 | ||
| VMC Vulcan Materials Company (Holding Company) Common Stock | $656,397 | 0.27% | 2,225 | $2,877 | Down ×4 | ||
| PAYX Paychex, Inc. - Common Stock | $653,403 | 0.27% | 6,645 | $22,842 | Down ×3 | ||
| CAT Caterpillar, Inc. Common Stock | $646,394 | 0.27% | 607 | $216,359 | |||
| HD Home Depot, Inc. (The) Common Stock | $632,003 | 0.26% | 1,792 | $28,161 | Down ×1 | ||
| GLD | $596,776 | 0.25% | 1,620 | $71,392 | Up ×2 | ||
| BAC Bank of America Corporation Common Stock | $595,555 | 0.25% | 10,452 | $72,857 | Down ×1 | ||
| IRM Iron Mountain Incorporated (Delaware)Common Stock REIT | $590,626 | 0.25% | 4,676 | $84,829 | Down ×4 | ||
| SDY | $579,197 | 0.24% | 3,806 | $23,749 | |||
| GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | $575,919 | 0.24% | 3,003 | $165,170 | Up ×1 | ||
| NBIS Nebius Group N.V. - Class A Ordinary Shares | $552,340 | 0.23% | 2,000 | $344,820 | |||
| VIG | $539,257 | 0.23% | 2,279 | Up ×1 | |||
| FBTC | $536,280 | 0.22% | 10,505 | $-157,322 | Down ×1 | ||
| AXP American Express Company Common Stock | $531,729 | 0.22% | 1,572 | $58,650 | Up ×2 | ||
| SO Southern Company (The) Common Stock | $518,270 | 0.22% | 5,415 | $-22,339 | Down ×2 | ||
| FVD | $502,228 | 0.21% | 10,424 | $1,594 | Down ×1 | ||
| ISRG Intuitive Surgical, Inc. - Common Stock | $489,146 | 0.20% | 1,230 | $-86,170 | Down ×1 | ||
| GLW Corning Incorporated Common Stock | $487,360 | 0.20% | 1,908 | $227,929 | |||
| CINF Cincinnati Financial Corporation - Common Stock | $470,023 | 0.20% | 2,539 | $70,551 | |||
| DIA | $453,957 | 0.19% | 869 | $51,445 | |||
| XLE XLE | $445,230 | 0.19% | 8,383 | $-55,632 | Up ×1 | ||
| QTEC First Trust NASDAQ-100-Technology Sector Index Fund | $445,138 | 0.19% | 1,330 | $148,597 | Down ×3 | ||
| DHI D.R. Horton, Inc. Common Stock | $430,003 | 0.18% | 2,640 | $67,742 | |||
| NVS Novartis AG Common Stock | $422,360 | 0.18% | 2,695 | $10,699 | |||
| LLY Eli Lilly and Company Common Stock | $421,000 | 0.18% | 351 | $189,218 | Up ×1 | ||
| VTI | $417,775 | 0.17% | 1,129 | $55,581 | |||
| VUSB | $412,178 | 0.17% | 8,280 | Up ×1 | |||
| IEFA | $404,767 | 0.17% | 4,191 | $11,776 | Down ×1 | ||
| DAL Delta Air Lines, Inc. Common Stock | $401,989 | 0.17% | 4,292 | $116,657 | |||
| AMAT Applied Materials, Inc. - Common Stock | $390,420 | 0.16% | 540 | Up ×1 | |||
| VO | $382,224 | 0.16% | 4,744 | Up ×1 | |||
| IYY | $373,856 | 0.16% | 2,051 | $48,875 | |||
| AGD abrdn Global Dynamic Dividend Fund Common Shares of Beneficial Interest | $371,050 | 0.16% | 30,640 | $61,738 | Up ×5 | ||
| MYI Blackrock MuniYield Quality Fund III, Inc Common Stock | $368,241 | 0.15% | 33,145 | $-37,708 | Down ×1 | ||
| CRWV CoreWeave, Inc. - Class A Common Stock | $351,874 | 0.15% | 3,535 | $81,736 | Up ×2 | ||
| C Citigroup, Inc. Common Stock | $351,020 | 0.15% | 2,508 | $66,588 | |||
| MA Mastercard Incorporated Common Stock | $347,707 | 0.15% | 677 | $9,437 | |||
| 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 |
|---|---|---|---|
| IVV | $45,928,926 | 19.23% | up ×6 |
| IVW | $7,393,616 | 3.10% | up ×6 |
| QQQ | $5,493,544 | 2.30% | up ×6 |
| MSFT | $4,500,602 | 1.88% | up ×6 |
| XOM | $2,099,598 | 0.88% | up ×3 |
| CSCO | $2,072,347 | 0.87% | up ×3 |
| ADI | $1,291,597 | 0.54% | up ×3 |
| KO | $1,135,194 | 0.48% | up ×3 |
| JEPQ | $669,607 | 0.28% | up ×3 |
| AGD | $371,050 | 0.16% | up ×5 |
| IVE | $313,730 | 0.13% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| VIG | $539,257 | 2,279 | 0.23% |
| VUSB | $412,178 | 8,280 | 0.17% |
| AMAT | $390,420 | 540 | 0.16% |
| VO | $382,224 | 4,744 | 0.16% |
| VB | $347,376 | 1,146 | 0.15% |
| AMD | $338,090 | 582 | 0.14% |
| GPIQ | $303,371 | 5,115 | 0.13% |
| SPYI | $276,864 | 5,215 | 0.12% |
| STX | $275,025 | 285 | 0.12% |
| BUZZ | $271,250 | 7,341 | 0.11% |
| BSV | $260,609 | 3,345 | 0.11% |
| PWB | $248,815 | 1,477 | 0.10% |
| AVGO | $247,048 | 654 | 0.10% |
| VHT | $244,590 | 818 | 0.10% |
| FLY | $235,670 | 8,016 | 0.10% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| IVV | Bought more | +2K | +$7.1M |
| IVW | Bought more | +7K | +$2.1M |
| AAPL | Trimmed | -1K | +$1.9M |
| MU | Trimmed | -431 | +$1.6M |
| QQQ | Bought more | +302 | +$1.4M |
| CVX | Trimmed | -5K | -$1.2M |
| PLTR | Bought more | +2K | -$980K |
| GOOGL | Trimmed | -200 | +$977K |
| ABBV | Bought more | +2K | +$878K |
| CSCO | Bought more | +887 | +$772K |
1 position hidden (data completeness check)
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 |
|---|---|---|---|---|
| CEG | March 31, 2025 | 5,238 | $1,528,920 | 35.2% |
| AEM | June 30, 2025 | 12,000 | $1,300,920 | 82.3% |
| TSLA | March 31, 2025 | 2,174 | $845,903 | 34.6% |
| CRM | Sept. 30, 2025 | 2,408 | $656,638 | -13.3% |
| RSPH | June 30, 2025 | 16,010 | $476,298 | No longer tracked |
| JEPQ | June 30, 2025 | 8,376 | $433,709 | |
| MSTY | Dec. 31, 2025 | 31,047 | $433,416 | No longer tracked |
| ELV | March 31, 2026 | 894 | $313,392 | 36.6% |
| NBIS | Dec. 31, 2025 | 2,777 | $311,774 | 172.8% |
| LW | March 31, 2025 | 4,388 | $269,906 | 0.1% |
| KMB | Dec. 31, 2025 | 2,071 | $257,508 | 7.5% |
| ARM | March 31, 2025 | 1,743 | $257,267 | 134.8% |
| ORCL | March 31, 2026 | 1,275 | $248,510 | -0.4% |
| ARM | Dec. 31, 2025 | 1,743 | $246,617 | 129.4% |
| COP | June 30, 2026 | 1,806 | $238,392 | 30.3% |
| DIAX | March 31, 2026 | 14,535 | $221,804 | No longer tracked |
| AVGO | March 31, 2026 | 635 | $219,774 | 20.4% |
| TMUS | Dec. 31, 2025 | 917 | $219,511 | -9.9% |
| AZN | March 31, 2026 | 2,368 | $217,690 | -16.1% |
| SPGI | March 31, 2026 | 416 | $217,397 | 2.0% |
| GILD | June 30, 2026 | 1,557 | $216,999 | 14.6% |
| DOCU | March 31, 2026 | 3,145 | $215,118 | 28.5% |
| GILD | Sept. 30, 2025 | 1,891 | $209,655 | 30.5% |
| FPX | March 31, 2025 | 1,616 | $209,402 | No longer tracked |
| SPYM | March 31, 2026 | 2,610 | $209,374 | No longer tracked |
| LLY | June 30, 2025 | 252 | $208,129 | 60.3% |
| PEP | June 30, 2025 | 1,373 | $205,868 | 8.0% |
| BUZZ | March 31, 2026 | 6,331 | $205,694 | No longer tracked |
| EPD | Sept. 30, 2025 | 6,624 | $205,410 | 23.1% |
| GM | March 31, 2026 | 2,495 | $202,893 | 17.7% |
| SHEL | June 30, 2026 | 2,177 | $202,496 | 20.9% |
| MTUM | Dec. 31, 2025 | 785 | $201,313 | No longer tracked |
| WFC | March 31, 2025 | 2,557 | $200,392 | 17.9% |
| ABFL | Sept. 30, 2025 | 2,830 | $200,251 | No longer tracked |
| HQL | June 30, 2026 | 11,217 | $182,501 | 11.5% |
| CAG | June 30, 2026 | 10,184 | $160,092 | 19.4% |
| ASG | March 31, 2026 | 18,763 | $99,444 | 11.4% |
| ETW | June 30, 2025 | 11,185 | $92,276 | 13.8% |
| USA | June 30, 2026 | 13,064 | $72,505 | 2.8% |