# Keystone Financial Group

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1729299. Source: https://holderbook.com/funds/1729299-keystone-financial-group/

- Reported value: $1.7B
- Positions: 567
- Weight of the ten largest: 34.7%
- Filed: 2026-07-29

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 |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $97.7M | 337,758 | 5.8% | 30 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $80.5M | 107,838 | 4.8% | 8 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $70.2M | 798,870 | 4.2% | 8 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $61.1M | 63,366 | 3.6% | 16 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $52.7M | 442,924 | 3.1% | 8 |
| VICTORY PORTFOLIOS II | [VFLO](https://holderbook.com/stocks/VFLO/) | $50.9M | 1,112,874 | 3.0% | 8 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $46.6M | 80,206 | 2.8% | 30 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $45.2M | 122,055 | 2.7% | 8 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $40.1M | 200,505 | 2.4% | 30 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $39.6M | 94,154 | 2.3% | 30 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $38.6M | 566,968 | 2.3% | 8 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $32.0M | 274,467 | 1.9% | 20 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $25.1M | 36,618 | 1.5% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $24.4M | 48,819 | 1.4% | 30 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $23.9M | 100,173 | 1.4% | 30 |
| BLACKROCK ETF TRUST | [BAI](https://holderbook.com/stocks/BAI/) | $19.9M | 377,921 | 1.2% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $19.9M | 60,800 | 1.2% | 30 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $19.4M | 34,432 | 1.2% | 30 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $18.9M | 227,985 | 1.1% | 8 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $17.7M | 47,541 | 1.1% | 30 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $17.1M | 23,246 | 1.0% | 8 |
| FIRST TR EXCHNG TRADED FD VI | [BUFR](https://holderbook.com/stocks/BUFR/) | $16.1M | 439,583 | 1.0% | 8 |
| SPDR SERIES TRUST | [SPTL](https://holderbook.com/stocks/SPTL/) | $14.0M | 533,951 | 0.8% | 8 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $14.0M | 190,374 | 0.8% | 8 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $13.2M | 37,278 | 0.8% | 30 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $12.9M | 59,136 | 0.8% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $12.7M | 17 | 0.8% | 30 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $12.0M | 47,287 | 0.7% | 30 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $11.8M | 136,573 | 0.7% | 8 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $11.5M | 32,179 | 0.7% | 30 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $11.3M | 32,851 | 0.7% | 8 |
| T ROWE PRICE EXCHANGE-TRADED | [TCAF](https://holderbook.com/stocks/TCAF/) | $10.4M | 254,143 | 0.6% | 8 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $9.3M | 12,359 | 0.5% | 8 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $8.6M | 104,576 | 0.5% | 8 |
| GLOBAL X FDS | [SHLD](https://holderbook.com/stocks/SHLD/) | $8.3M | 139,364 | 0.5% | 6 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $8.2M | 34,650 | 0.5% | 8 |
| BLACKROCK ETF TRUST | [IALT](https://holderbook.com/stocks/IALT/) | $7.7M | 274,563 | 0.5% | 1 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $7.6M | 33,356 | 0.4% | 5 |
| BLACKROCK ETF TRUST | [BLCR](https://holderbook.com/stocks/BLCR/) | $7.5M | 149,088 | 0.4% | 2 |
| VANECK ETF TRUST | [MLN](https://holderbook.com/stocks/MLN/) | $7.4M | 413,409 | 0.4% | 8 |
| VANGUARD ADMIRAL FDS INC | [VOOV](https://holderbook.com/stocks/VOOV/) | $7.1M | 32,393 | 0.4% | 8 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $7.0M | 32,065 | 0.4% | 8 |
| BLACKROCK ETF TRUST | [THRO](https://holderbook.com/stocks/THRO/) | $6.9M | 160,264 | 0.4% | 5 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $6.8M | 22,348 | 0.4% | 8 |
| VANECK ETF TRUST | [XMPT](https://holderbook.com/stocks/XMPT/) | $6.7M | 301,992 | 0.4% | 8 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $6.7M | 5,807 | 0.4% | 3 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $6.5M | 47,877 | 0.4% | 30 |
| SPDR SERIES TRUST | [HYMB](https://holderbook.com/stocks/HYMB/) | $6.5M | 256,304 | 0.4% | 8 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $6.3M | 29,287 | 0.4% | 30 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $6.3M | 78,152 | 0.4% | 8 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $6.0M | 27,262 | 0.4% | 30 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $5.9M | 35,806 | 0.3% | 8 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $5.8M | 21,402 | 0.3% | 30 |
| SSGA ACTIVE ETF TR | [TOTL](https://holderbook.com/stocks/TOTL/) | $5.6M | 141,445 | 0.3% | 8 |
| ISHARES TR | [HEFA](https://holderbook.com/stocks/HEFA/) | $5.5M | 117,305 | 0.3% | 8 |
| AMERICAN FUNDS WASHINGTON MUTUAL F2 | - | $5.5M | 81,853 | 0.3% | 2 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $5.4M | 4,531 | 0.3% | 24 |
| CAPITAL GROUP CORE EQUITY ET | [CGUS](https://holderbook.com/stocks/CGUS/) | $5.4M | 121,789 | 0.3% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $5.4M | 36,740 | 0.3% | 30 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $5.4M | 259,648 | 0.3% | 30 |
| American Funds Growth Fund of Amer F2 | - | $5.3M | 60,732 | 0.3% | 2 |
| ISHARES TR | [IAGG](https://holderbook.com/stocks/IAGG/) | $5.1M | 100,426 | 0.3% | 5 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $4.8M | 30,136 | 0.3% | 8 |
| VANGUARD SCOTTSDALE FDS | [VONE](https://holderbook.com/stocks/VONE/) | $4.8M | 14,048 | 0.3% | 8 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $4.7M | 87,798 | 0.3% | 8 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $4.6M | 27,951 | 0.3% | 30 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $4.5M | 7,056 | 0.3% | 8 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $4.5M | 21,232 | 0.3% | 8 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $4.5M | 6,364 | 0.3% | 8 |
| VICTORY PORTFOLIOS II | [CFO](https://holderbook.com/stocks/CFO/) | $4.4M | 54,525 | 0.3% | 8 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $4.2M | 36,764 | 0.2% | 30 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $4.0M | 53,379 | 0.2% | 8 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $4.0M | 21,038 | 0.2% | 8 |
| AMERICAN FUNDS INCOME FUND OF AMER F2 | - | $4.0M | 145,679 | 0.2% | 2 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $4.0M | 41,029 | 0.2% | 8 |
| AMERICAN FUNDS CAPITAL WORLD GROWTH & INCOME FUND CLASS F-2 | - | $4.0M | 48,519 | 0.2% | 2 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $4.0M | 5,177 | 0.2% | 8 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $3.9M | 40,839 | 0.2% | 30 |
| J P MORGAN EXCHANGE TRADED F | [JQUA](https://holderbook.com/stocks/JQUA/) | $3.9M | 53,620 | 0.2% | 8 |
| VANGUARD ADMIRAL FDS INC | [VIOO](https://holderbook.com/stocks/VIOO/) | $3.8M | 27,976 | 0.2% | 8 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $3.8M | 7,344 | 0.2% | 8 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $3.8M | 7,974 | 0.2% | 10 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $3.8M | 5,896 | 0.2% | 3 |
| VANGUARD ADMIRAL FDS INC | [IVOO](https://holderbook.com/stocks/IVOO/) | $3.7M | 28,637 | 0.2% | 8 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $3.7M | 45,782 | 0.2% | 8 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $3.7M | 48,897 | 0.2% | 7 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $3.7M | 72,538 | 0.2% | 1 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $3.6M | 20,119 | 0.2% | 30 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $3.6M | 14,346 | 0.2% | 30 |
| IONQ INC | [IONQ](https://holderbook.com/stocks/IONQ/) | $3.6M | 67,023 | 0.2% | 6 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $3.5M | 10,392 | 0.2% | 13 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $3.5M | 23,852 | 0.2% | 8 |
| VANGUARD MALVERN FDS | [VCRB](https://holderbook.com/stocks/VCRB/) | $3.4M | 44,625 | 0.2% | 5 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $3.4M | 63,859 | 0.2% | 8 |
| BLACKROCK ETF TRUST | [BIDD](https://holderbook.com/stocks/BIDD/) | $3.4M | 112,128 | 0.2% | 7 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $3.3M | 8,859 | 0.2% | 22 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $3.3M | 3,127 | 0.2% | 10 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $3.3M | 10,925 | 0.2% | 3 |
| CAPITAL GROUP GROWTH ETF | [CGGR](https://holderbook.com/stocks/CGGR/) | $3.3M | 69,522 | 0.2% | 7 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $3.3M | 53,858 | 0.2% | 8 |

## 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 | +16.1% | +14.8% | +1.2% | 97% |
| Q1 2026 | -3.6% | -4.6% | +1.1% | 100% |
| Q4 2025 | +2.0% | +2.4% | -0.3% | 100% |
| Q3 2025 | +9.5% | +7.8% | +1.6% | 103% |
| Q2 2025 | +9.7% | +10.5% | -0.7% | 99% |
| Q1 2025 | -4.3% | -4.6% | +0.2% | 100% |
| Q4 2024 | +2.4% | +2.1% | +0.3% | 100% |
| Q3 2024 | +6.9% | +5.4% | +1.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.7B | 567 |
| Q1 2026 | $1.5B | 524 |
| Q4 2025 | $1.4B | 454 |
| Q3 2025 | $1.3B | 424 |
| Q2 2025 | $1.1B | 430 |
| Q1 2025 | $983.7M | 395 |
| Q4 2024 | $1.0B | 390 |
| Q3 2024 | $781.4M | 373 |
| Q2 2024 | $279.2M | 169 |
| Q1 2024 | $686.5M | 347 |
| Q4 2023 | $575.2M | 298 |
| Q3 2023 | $597.1M | 300 |