Keystone Financial Services
CIK 1865158 · View on SEC EDGAR ↗
- Portfolio value
- $266.5M
- Positions
- 131
- As of
- June 30, 2026
#5,540 of 9,443 by 13F value · top 58.7%
Portfolio value QoQ: +15.1% 13F does not disclose cash
- Top 10 holdings weight
- 58.57%
- Top 25 holdings weight
- 80.44%
- Positions above 1%
- 21
- Effective number of positions
- 18.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 15.51% Est. buys $45,583,521 · sells $38,615,389
Median holding: 5.0 quarters Tracked Q1 2025–Q2 2026 · 76.6% still held
- New positions
- 20
- Increased
- 61
- Decreased
- 44
- Closed
- 8
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
4.5%
Communication Services
2.5%
Health Care
2.1%
Financial Services
2.0%
Industrials
1.8%
Financials
1.6%
Consumer Staples
0.9%
Retail
0.8%
Consumer Discretionary
0.8%
Energy
0.8%
Consumer products
0.3%
Communications
0.1%
Logistics & Transportation
0.1%
Utilities
0.1%
Real Estate
0.1%
Other/Unmapped
81.4%
Full portfolio 131 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| IVV | $44,067,099 | 16.54% | 58,843 | $20,873,064 | Up ×3 | ||
| IUSB iShares Core Universal USD Bond ETF | $20,476,660 | 7.68% | 443,698 | $4,584,182 | Up ×2 | ||
| IVW | $17,723,127 | 6.65% | 128,867 | $2,888,531 | Down ×1 | ||
| DYNF | $17,034,112 | 6.39% | 250,465 | $2,739,421 | Up ×1 | ||
| IVE | $15,041,180 | 5.64% | 66,243 | $-1,670,990 | Down ×1 | ||
| IEMG | $10,349,981 | 3.88% | 124,939 | $-2,170,987 | Down ×1 | ||
| EFG | $8,810,206 | 3.31% | 70,810 | $1,209,040 | Up ×2 | ||
| BAI | $8,658,729 | 3.25% | 164,240 | $2,038,681 | Down ×1 | ||
| MTUM | $7,316,048 | 2.75% | 21,340 | $564,170 | Down ×1 | ||
| BLCR iShares Large Cap Core Active ETF | $6,621,526 | 2.48% | 131,458 | $1,812,045 | Up ×1 | ||
| EFV | $5,972,574 | 2.24% | 78,022 | $-5,882,678 | Down ×3 | ||
| IDEF iShares Defense Industrials Active ETF | $5,791,525 | 2.17% | 182,238 | $898,543 | Up ×1 | ||
| CORO iShares International Country Rotation Active ETF | $5,508,666 | 2.07% | 150,510 | Up ×1 | |||
| THRO | $5,130,895 | 1.93% | 119,019 | $-1,368,450 | Down ×1 | ||
| GOVT | $5,013,222 | 1.88% | 220,071 | $323,362 | Up ×3 | ||
| MBB iShares MBS ETF | $4,957,477 | 1.86% | 52,449 | $259,128 | Up ×3 | ||
| TLH | $4,822,712 | 1.81% | 48,059 | $-1,324,187 | Down ×1 | ||
| IALT iShares Systematic Alternatives Active ETF | $3,543,205 | 1.33% | 126,317 | Up ×1 | |||
| GGOV | $2,857,930 | 1.07% | 56,829 | Up ×1 | |||
| BRKB | $2,728,771 | 1.02% | 5,453 | $243,022 | Up ×2 | ||
| AMAT Applied Materials, Inc. - Common Stock | $2,701,479 | 1.01% | 3,736 | $1,203,589 | Down ×3 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $2,544,957 | 0.95% | 7,203 | $376,097 | Down ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $2,422,511 | 0.91% | 6,413 | $876,601 | Up ×3 | ||
| JPM JP Morgan Chase & Co. Common Stock | $2,350,418 | 0.88% | 7,181 | $267,449 | Up ×2 | ||
| PM Philip Morris International Inc Common Stock | $1,922,298 | 0.72% | 10,626 | $-77,248 | Down ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $1,902,223 | 0.71% | 7,981 | $363,289 | Up ×3 | ||
| BKNG Booking Holdings Inc. - Common Stock | $1,876,712 | 0.70% | 10,529 | $274,612 | Up ×2 | ||
| SCHW Charles Schwab Corporation (The) Common Stock | $1,648,194 | 0.62% | 17,863 | $58,354 | Up ×2 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,617,107 | 0.61% | 2,871 | $89,643 | Up ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $1,578,758 | 0.59% | 4,232 | $145,008 | Up ×3 | ||
| IAU | $1,476,193 | 0.55% | 19,550 | $-62,255 | Up ×1 | ||
| AAPL Apple Inc. - Common Stock | $1,474,082 | 0.55% | 5,094 | $210,136 | Up ×3 | ||
| MUB | $1,412,835 | 0.53% | 13,128 | $115,045 | Up ×1 | ||
| ADI Analog Devices, Inc. - Common Stock | $1,359,315 | 0.51% | 3,423 | $280,393 | Up ×1 | ||
| QUAL | $1,330,877 | 0.50% | 6,065 | $-5,980,230 | Down ×3 | ||
| BK The Bank of New York Mellon Corporation Common Stock | $1,226,285 | 0.46% | 8,480 | $268,065 | Up ×1 | ||
| WFC Wells Fargo & Company Common Stock | $1,186,349 | 0.45% | 14,356 | $115,115 | Up ×1 | ||
| GD General Dynamics Corporation Common Stock | $1,145,648 | 0.43% | 3,234 | $65,262 | Up ×2 | ||
| BDX Becton, Dickinson and Company Common Stock | $1,124,995 | 0.42% | 7,434 | $287,747 | Up ×3 | ||
| COP ConocoPhillips Common Stock | $1,095,347 | 0.41% | 10,536 | $-253,922 | Up ×2 | ||
| V Visa Inc. | $1,080,486 | 0.41% | 3,149 | $200,908 | Up ×2 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $1,062,779 | 0.40% | 2,974 | $205,307 | Down ×1 | ||
| NVS Novartis AG Common Stock | $1,033,593 | 0.39% | 6,595 | $46,652 | Up ×1 | ||
| MCK McKesson Corporation Common Stock | $1,026,182 | 0.39% | 1,358 | $-178,462 | Down ×1 | ||
| XOM Exxon Mobil Corporation Common Stock | $936,324 | 0.35% | 6,848 | $-195,676 | Up ×3 | ||
| UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) | $909,247 | 0.34% | 15,124 | $68,484 | Up ×2 | ||
| MDT Medtronic plc. Ordinary Shares | $877,894 | 0.33% | 11,222 | $91,809 | Up ×3 | ||
| DFAC | $875,903 | 0.33% | 19,745 | $99,856 | Down ×3 | ||
| QQQ Invesco QQQ Trust, Series 1 | $792,821 | 0.30% | 1,077 | $171,419 | |||
| CMCSA Comcast Corporation - Class A Common Stock | $770,576 | 0.29% | 31,388 | $-77,586 | Up ×3 | ||
| ELV Elevance Health, Inc. Common Stock | $758,866 | 0.28% | 1,962 | $202,012 | Up ×2 | ||
| SPY SPY | $717,388 | 0.27% | 961 | $-89,581 | Down ×1 | ||
| XLK XLK | $709,878 | 0.27% | 3,726 | $214,693 | |||
| OMC Omnicom Group Inc. Common Stock | $653,403 | 0.25% | 8,972 | $-1,360 | Up ×3 | ||
| VB | $645,039 | 0.24% | 2,128 | $31,099 | Down ×1 | ||
| ICE Intercontinental Exchange Inc. Common Stock | $637,678 | 0.24% | 5,180 | Up ×1 | |||
| BINC | $609,894 | 0.23% | 11,653 | $-1,441,265 | Down ×2 | ||
| FERG Ferguson Enterprises Inc. Common Stock | $561,625 | 0.21% | 2,366 | $23,860 | Up ×1 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $559,383 | 0.21% | 1,171 | $149,683 | Down ×1 | ||
| AMRZ Amrize Ltd Ordinary Shares | $556,239 | 0.21% | 10,436 | $-14,269 | Up ×1 | ||
| DFAX | $523,205 | 0.20% | 14,202 | $40,760 | |||
| AON Aon plc Class A Ordinary Shares (Ireland) | $502,842 | 0.19% | 1,516 | $58,697 | Up ×1 | ||
| RTX RTX Corporation Common Stock | $482,851 | 0.18% | 2,545 | $16,083 | Up ×2 | ||
| ORCL Oracle Corporation Common Stock | $459,472 | 0.17% | 3,135 | $11,951 | Up ×1 | ||
| OEF | $451,585 | 0.17% | 1,234 | $49,416 | Down ×2 | ||
| VTI | $386,120 | 0.14% | 1,043 | $-39,741 | Down ×1 | ||
| ESGU iShares ESG Aware MSCI USA ETF | $373,624 | 0.14% | 2,283 | $48,954 | Down ×2 | ||
| IAGG | $358,013 | 0.13% | 7,075 | $-3,421,764 | Down ×1 | ||
| TMO Thermo Fisher Scientific Inc Common Stock | $351,829 | 0.13% | 702 | Up ×1 | |||
| SYSB | $351,139 | 0.13% | 3,958 | $-4,238 | Down ×1 | ||
| ACN Accenture plc Class A Ordinary Shares (Ireland) | $350,299 | 0.13% | 2,815 | $-81,973 | Up ×1 | ||
| EMXC iShares MSCI Emerging Markets ex China ETF | $338,812 | 0.13% | 3,312 | $77,765 | Down ×3 | ||
| IYW | $337,909 | 0.13% | 1,340 | $90,332 | Down ×3 | ||
| GLW Corning Incorporated Common Stock | $324,054 | 0.12% | 1,269 | $118,786 | Down ×2 | ||
| PEP PepsiCo, Inc. - Common Stock | $314,810 | 0.12% | 2,325 | $-37,083 | Up ×3 | ||
| VOO | $296,729 | 0.11% | 432 | $-262,602 | Down ×1 | ||
| SPDW | $288,124 | 0.11% | 5,718 | $27,103 | |||
| TLT iShares 20+ Year Treasury Bond ETF | $284,913 | 0.11% | 3,297 | $-6,004 | Down ×3 | ||
| SNDK Sandisk Corporation - Common Stock | $281,943 | 0.11% | 124 | Up ×1 | |||
| IQV IQVIA Holdings, Inc. Common Stock | $275,725 | 0.10% | 1,427 | $36,969 | Up ×2 | ||
| MTZ MasTec, Inc. Common Stock | $265,030 | 0.10% | 637 | $23,725 | Down ×1 | ||
| WDC Western Digital Corporation - Common Stock | $262,904 | 0.10% | 412 | $117,486 | Down ×1 | ||
| NTRS Northern Trust Corporation - Common Stock | $259,022 | 0.10% | 1,490 | $34,873 | Down ×3 | ||
| APH Amphenol Corporation Common Stock | $256,017 | 0.10% | 1,452 | $29,598 | Down ×3 | ||
| ANET Arista Networks, Inc. Common Stock | $244,913 | 0.09% | 1,442 | $52,188 | Down ×3 | ||
| HWM Howmet Aerospace Inc. Common Stock | $239,129 | 0.09% | 889 | $46,137 | Up ×1 | ||
| XLI XLI | $238,021 | 0.09% | 1,285 | $30,198 | |||
| LCTU | $235,590 | 0.09% | 2,939 | $26,160 | Down ×2 | ||
| STIP | $232,720 | 0.09% | 2,278 | ||||
| AMG Affiliated Managers Group, Inc. Common Stock | $232,142 | 0.09% | 686 | $41,219 | Down ×1 | ||
| DFCF | $230,467 | 0.09% | 5,460 | $4,548 | Up ×2 | ||
| WWD Woodward, Inc. - Common Stock | $216,549 | 0.08% | 509 | Up ×1 | |||
| MA Mastercard Incorporated Common Stock | $211,706 | 0.08% | 412 | $16,738 | Up ×1 | ||
| EXPD Expeditors International of Washington, Inc. Common Stock | $209,481 | 0.08% | 1,285 | Up ×1 | |||
| EXPE Expedia Group, Inc. - Common Stock | $209,310 | 0.08% | 818 | $10,975 | Down ×1 | ||
| DCOR | $201,671 | 0.08% | 2,460 | ||||
| NI NiSource Inc Common Stock | $198,379 | 0.07% | 4,172 | $14,399 | Up ×3 | ||
| ARW Arrow Electronics, Inc. Common Stock | $188,228 | 0.07% | 882 | Up ×1 | |||
| LFUS Littelfuse, Inc. - Common Stock | $183,498 | 0.07% | 403 | Up ×1 | |||
| CRUS Cirrus Logic, Inc. - Common Stock | $182,246 | 0.07% | 1,227 | $4,074 | Down ×1 | ||
| 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 | $44,067,099 | 16.54% | up ×3 |
| GOVT | $5,013,222 | 1.88% | up ×3 |
| MBB | $4,957,477 | 1.86% | up ×3 |
| AVGO | $2,422,511 | 0.91% | up ×3 |
| AMZN | $1,902,223 | 0.71% | up ×3 |
| MSFT | $1,578,758 | 0.59% | up ×3 |
| AAPL | $1,474,082 | 0.55% | up ×3 |
| BDX | $1,124,995 | 0.42% | up ×3 |
| XOM | $936,324 | 0.35% | up ×3 |
| MDT | $877,894 | 0.33% | up ×3 |
| CMCSA | $770,576 | 0.29% | up ×3 |
| OMC | $653,403 | 0.25% | up ×3 |
| PEP | $314,810 | 0.12% | up ×3 |
| NI | $198,379 | 0.07% | up ×3 |
| RTO | $84,943 | 0.03% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| CORO | $5,508,666 | 150,510 | 2.07% |
| IALT | $3,543,205 | 126,317 | 1.33% |
| GGOV | $2,857,930 | 56,829 | 1.07% |
| ICE | $637,678 | 5,180 | 0.24% |
| TMO | $351,829 | 702 | 0.13% |
| SNDK | $281,943 | 124 | 0.11% |
| STIP | $232,720 | 2,278 | 0.09% |
| WWD | $216,549 | 509 | 0.08% |
| EXPD | $209,481 | 1,285 | 0.08% |
| DCOR | $201,671 | 2,460 | 0.08% |
| ARW | $188,228 | 882 | 0.07% |
| LFUS | $183,498 | 403 | 0.07% |
| WPC | $177,249 | 2,479 | 0.07% |
| NVT | $162,995 | 961 | 0.06% |
| EPR | $160,368 | 2,764 | 0.06% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| IVV | Bought more | +23K | +$20.9M |
| EFV | Trimmed | -81K | -$5.9M |
| IUSB | Bought more | +100K | +$4.6M |
| IVW | Trimmed | -2K | +$2.9M |
| DYNF | Bought more | +5K | +$2.7M |
| IEMG | Trimmed | -55K | -$2.2M |
| BAI | Trimmed | -37K | +$2.0M |
| BLCR | Bought more | +14K | +$1.8M |
| IVE | Trimmed | -13K | -$1.7M |
| BINC | Trimmed | -28K | -$1.4M |
2 positions 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 |
|---|---|---|---|---|
| ITA | March 31, 2026 | 9,912 | $2,128,007 | No longer tracked |
| EMB | March 31, 2026 | 10,958 | $1,055,036 | |
| ULXXXX | Dec. 31, 2025 | 15,163 | $898,861 | No longer tracked |
| BAC | March 31, 2026 | 11,562 | $635,890 | 31.4% |
| SNY | June 30, 2026 | 12,717 | $612,727 | 7.7% |
| STIP | March 31, 2026 | 2,940 | $301,027 | No longer tracked |
| INTC | Dec. 31, 2025 | 8,320 | $279,136 | 149.7% |
| COR | June 30, 2026 | 864 | $271,417 | 11.8% |
| DCOR | Dec. 31, 2025 | 3,617 | $260,207 | No longer tracked |
| SNDA | June 30, 2026 | 6,648 | $214,398 | 0.4% |
| BABA | March 31, 2026 | 1,445 | $211,808 | 2.0% |
| PINC | Dec. 31, 2025 | 7,577 | $210,641 | No longer tracked |
| CI | March 31, 2026 | 741 | $203,945 | 6.0% |
| IBIT | June 30, 2026 | 5,284 | $203,011 | |
| DIS | Dec. 31, 2025 | 1,705 | $195,223 | -6.5% |
| APP | March 31, 2026 | 284 | $191,244 | -22.3% |
| STWD | Dec. 31, 2025 | 9,328 | $180,683 | -7.9% |
| NFG | March 31, 2026 | 2,171 | $173,810 | -10.3% |
| WMB | March 31, 2026 | 2,782 | $167,244 | 2.4% |
| HSY | June 30, 2026 | 801 | $166,520 | 6.9% |
| RCL | Dec. 31, 2025 | 510 | $165,140 | 8.7% |
| ICVT | June 30, 2026 | 1,582 | $161,032 | No longer tracked |
| HHH | March 31, 2026 | 2,017 | $160,896 | 6.6% |
| EVR | March 31, 2026 | 460 | $156,515 | 1.2% |
| AYI | March 31, 2026 | 432 | $155,537 | 24.5% |
| EPR | Dec. 31, 2025 | 2,659 | $154,222 | 21.8% |
| CEG | March 31, 2026 | 434 | $153,422 | -3.8% |
| EME | Dec. 31, 2025 | 234 | $151,992 | 31.9% |
| CRUS | Dec. 31, 2025 | 1,189 | $148,970 | -0.9% |
| SF | March 31, 2026 | 1,181 | $147,885 | 14.4% |
| GWRE | March 31, 2026 | 734 | $147,461 | 22.3% |
| SOFI | June 30, 2026 | 7,353 | $116,766 | 0.7% |
| FISV | Dec. 31, 2025 | 577 | $74,393 | -21.5% |
| DMXF | Dec. 31, 2025 | 889 | $67,333 | 15.4% |
| EAGG | Dec. 31, 2025 | 1,220 | $58,597 | No longer tracked |
| ESGD | June 30, 2026 | 441 | $42,196 | |
| LCTD | March 31, 2026 | 693 | $37,879 | No longer tracked |
| ZBRA | Dec. 31, 2025 | 58 | $17,235 | 52.7% |
| BR | Dec. 31, 2025 | 47 | $11,194 | -22.2% |
| HBI | Dec. 31, 2025 | 862 | $5,681 | No longer tracked |
| COF | March 31, 2026 | 7 | $1,777 | 22.9% |
| GM | March 31, 2026 | 17 | $1,369 | 14.8% |
| CVS | March 31, 2026 | 14 | $1,079 | 33.2% |