# Kestra Investment Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1962449. Source: https://holderbook.com/funds/1962449-kestra-investment-management-llc/

- Reported value: $5.2B
- Positions: 519
- Weight of the ten largest: 44.3%
- Filed: 2026-08-05

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 |
|---|---|---|---|---|---|
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $491.7M | 4,464,120 | 9.5% | 9 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $347.5M | 2,920,221 | 6.7% | 9 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $273.3M | 3,263,559 | 5.3% | 9 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $246.3M | 5,336,406 | 4.8% | 9 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $207.7M | 1,322,967 | 4.0% | 9 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $181.9M | 1,885,486 | 3.5% | 7 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $139.2M | 2,576,518 | 2.7% | 8 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $135.6M | 550,893 | 2.6% | 2 |
| CAPITAL GROUP GROWTH ETF | [CGGR](https://holderbook.com/stocks/CGGR/) | $133.3M | 2,824,513 | 2.6% | 9 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $130.3M | 593,900 | 2.5% | 9 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $124.7M | 2,530,961 | 2.4% | 9 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $111.8M | 1,895,511 | 2.2% | 5 |
| DIMENSIONAL ETF TRUST | [DIHP](https://holderbook.com/stocks/DIHP/) | $104.8M | 3,071,494 | 2.0% | 5 |
| GLOBAL X FDS | [PAVE](https://holderbook.com/stocks/PAVE/) | $97.0M | 1,646,301 | 1.9% | 3 |
| FIDELITY COVINGTON TRUST | [FTEC](https://holderbook.com/stocks/FTEC/) | $92.3M | 323,063 | 1.8% | 9 |
| WISDOMTREE TR | [DEM](https://holderbook.com/stocks/DEM/) | $90.2M | 1,677,279 | 1.7% | 9 |
| DIMENSIONAL ETF TRUST | [DFIC](https://holderbook.com/stocks/DFIC/) | $83.3M | 2,234,347 | 1.6% | 9 |
| VANGUARD WHITEHALL FDS | [VWOB](https://holderbook.com/stocks/VWOB/) | $82.7M | 1,229,693 | 1.6% | 9 |
| FIDELITY COVINGTON TRUST | [FSMD](https://holderbook.com/stocks/FSMD/) | $76.1M | 1,439,993 | 1.5% | 3 |
| BLACKROCK ETF TRUST II | [BINC](https://holderbook.com/stocks/BINC/) | $73.4M | 1,401,838 | 1.4% | 9 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $71.7M | 315,993 | 1.4% | 9 |
| VANECK ETF TRUST | [MLN](https://holderbook.com/stocks/MLN/) | $70.6M | 3,967,998 | 1.4% | 9 |
| SSGA ACTIVE ETF TR | [TOTL](https://holderbook.com/stocks/TOTL/) | $66.7M | 1,688,835 | 1.3% | 9 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $66.4M | 616,563 | 1.3% | 9 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $64.8M | 1,337,537 | 1.3% | 7 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $64.1M | 627,164 | 1.2% | 5 |
| SPDR SERIES TRUST | [SPTI](https://holderbook.com/stocks/SPTI/) | $59.5M | 2,096,996 | 1.2% | 2 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $57.9M | 1,144,888 | 1.1% | 9 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $51.4M | 1,246,705 | 1.0% | 8 |
| ISHARES TR | [LRGF](https://holderbook.com/stocks/LRGF/) | $49.7M | 656,588 | 1.0% | 9 |
| SPDR SERIES TRUST | [ONEY](https://holderbook.com/stocks/ONEY/) | $48.3M | 376,930 | 0.9% | 9 |
| FIDELITY COVINGTON TRUST | [FDVV](https://holderbook.com/stocks/FDVV/) | $41.8M | 692,813 | 0.8% | 9 |
| ISHARES TR | [IAGG](https://holderbook.com/stocks/IAGG/) | $40.7M | 804,432 | 0.8% | 2 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $40.3M | 859,919 | 0.8% | 9 |
| BONDBLOXX ETF TRUST | [XEMD](https://holderbook.com/stocks/XEMD/) | $39.5M | 879,172 | 0.8% | 2 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $37.4M | 395,483 | 0.7% | 9 |
| ISHARES TR | [INTF](https://holderbook.com/stocks/INTF/) | $31.5M | 768,961 | 0.6% | 9 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $30.9M | 154,521 | 0.6% | 9 |
| CAPITAL GRP FIXED INCM ETF T | [CGCP](https://holderbook.com/stocks/CGCP/) | $30.9M | 1,386,767 | 0.6% | 9 |
| J P MORGAN EXCHANGE TRADED F | [JPIB](https://holderbook.com/stocks/JPIB/) | $25.8M | 534,010 | 0.5% | 2 |
| JANUS DETROIT STR TR | [JMBS](https://holderbook.com/stocks/JMBS/) | $25.8M | 573,031 | 0.5% | 9 |
| BONDBLOXX ETF TRUST | [XFIV](https://holderbook.com/stocks/XFIV/) | $25.2M | 517,038 | 0.5% | 2 |
| CAPITAL GROUP EQUITY ETF TR | [CGMM](https://holderbook.com/stocks/CGMM/) | $24.5M | 744,539 | 0.5% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $23.0M | 79,480 | 0.4% | 9 |
| AMERICAN CENTY ETF TR | [AVLV](https://holderbook.com/stocks/AVLV/) | $22.6M | 247,841 | 0.4% | 9 |
| CAPITAL GRP FIXED INCM ETF T | [CGIB](https://holderbook.com/stocks/CGIB/) | $22.4M | 877,172 | 0.4% | 3 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $21.5M | 891,421 | 0.4% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $21.4M | 57,275 | 0.4% | 9 |
| CAPITAL GROUP GBL GROWTH EQT | [CGGO](https://holderbook.com/stocks/CGGO/) | $20.5M | 483,526 | 0.4% | 9 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $19.9M | 246,644 | 0.4% | 9 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $18.8M | 52,468 | 0.4% | 9 |
| DIMENSIONAL ETF TRUST | [DFGX](https://holderbook.com/stocks/DFGX/) | $18.1M | 337,014 | 0.3% | 5 |
| DIMENSIONAL ETF TRUST | [DFUS](https://holderbook.com/stocks/DFUS/) | $14.9M | 182,065 | 0.3% | 7 |
| AMERICAN CENTY ETF TR | [AVUS](https://holderbook.com/stocks/AVUS/) | $14.6M | 113,808 | 0.3% | 7 |
| DIMENSIONAL ETF TRUST | [DFSD](https://holderbook.com/stocks/DFSD/) | $13.3M | 278,096 | 0.3% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $12.0M | 50,362 | 0.2% | 9 |
| PIMCO ETF TR | [MUNI](https://holderbook.com/stocks/MUNI/) | $11.8M | 224,493 | 0.2% | 9 |
| AMERICAN CENTY ETF TR | [AVIG](https://holderbook.com/stocks/AVIG/) | $11.8M | 284,724 | 0.2% | 7 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $10.7M | 85,683 | 0.2% | 7 |
| VANGUARD MUN BD FDS | [VSDM](https://holderbook.com/stocks/VSDM/) | $10.7M | 139,319 | 0.2% | 1 |
| PGIM ETF TR | [PAAA](https://holderbook.com/stocks/PAAA/) | $10.4M | 202,779 | 0.2% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $10.3M | 31,368 | 0.2% | 9 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $9.8M | 8,471 | 0.2% | 3 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $9.6M | 13,273 | 0.2% | 8 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $9.5M | 25,117 | 0.2% | 8 |
| DIMENSIONAL ETF TRUST | [DFCF](https://holderbook.com/stocks/DFCF/) | $8.7M | 205,463 | 0.2% | 2 |
| CAPITAL GRP FIXED INCM ETF T | [CGSD](https://holderbook.com/stocks/CGSD/) | $8.6M | 336,049 | 0.2% | 2 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $7.9M | 14,019 | 0.2% | 9 |
| LISTED FDS TR | [INFL](https://holderbook.com/stocks/INFL/) | $7.8M | 155,518 | 0.2% | 6 |
| AMERICAN CENTY ETF TR | [AVDV](https://holderbook.com/stocks/AVDV/) | $7.5M | 72,937 | 0.1% | 7 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $7.4M | 9,837 | 0.1% | 9 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $6.8M | 15,834 | 0.1% | 3 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $6.7M | 81,423 | 0.1% | 7 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $6.2M | 8,999 | 0.1% | 8 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $6.1M | 51,908 | 0.1% | 8 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $5.7M | 30,602 | 0.1% | 8 |
| TORO CO | [TTC](https://holderbook.com/stocks/TTC/) | $5.5M | 55,960 | 0.1% | 1 |
| DIMENSIONAL ETF TRUST | [DUHP](https://holderbook.com/stocks/DUHP/) | $5.4M | 128,485 | 0.1% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $5.3M | 20,960 | 0.1% | 8 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $5.3M | 16,951 | 0.1% | 7 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $5.2M | 25,022 | 0.1% | 3 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $4.9M | 27,270 | 0.1% | 8 |
| TENET HEALTHCARE CORP | [THC](https://holderbook.com/stocks/THC/) | $4.9M | 26,366 | 0.1% | 5 |
| QORVO INC | [QRVO](https://holderbook.com/stocks/QRVO/) | $4.9M | 52,098 | 0.1% | 4 |
| NETAPP INC | [NTAP](https://holderbook.com/stocks/NTAP/) | $4.8M | 30,803 | 0.1% | 8 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $4.5M | 12,270 | 0.1% | 8 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $4.4M | 9,544 | 0.1% | 9 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $4.3M | 12,252 | 0.1% | 8 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $4.3M | 10,209 | 0.1% | 8 |
| CALAMOS ETF TR | [CAIE](https://holderbook.com/stocks/CAIE/) | $4.1M | 151,202 | 0.1% | 2 |
| KEYSIGHT TECHNOLOGIES INC | [KEYS](https://holderbook.com/stocks/KEYS/) | $3.9M | 11,174 | 0.1% | 2 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $3.7M | 38,428 | 0.1% | 8 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $3.7M | 17,398 | 0.1% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $3.6M | 7,285 | 0.1% | 8 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $3.6M | 60,277 | 0.1% | 2 |
| SMITHFIELD FOODS INC | [SFD](https://holderbook.com/stocks/SFD/) | $3.6M | 149,357 | 0.1% | 1 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $3.6M | 41,733 | 0.1% | 8 |
| DOLLAR GEN CORP | [DG](https://holderbook.com/stocks/DG/) | $3.4M | 29,610 | 0.1% | 3 |
| BORGWARNER INC | [BWA](https://holderbook.com/stocks/BWA/) | $3.4M | 51,285 | 0.1% | 2 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $3.4M | 31,426 | 0.1% | 3 |

## 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 | +9.7% | +14.8% | -5.1% | 100% |
| Q1 2026 | -1.4% | -4.6% | +3.2% | 100% |
| Q4 2025 | +1.6% | +2.4% | -0.8% | 100% |
| Q3 2025 | +5.3% | +7.8% | -2.6% | 103% |
| Q2 2025 | +7.2% | +10.5% | -3.3% | 110% |
| Q1 2025 | -1.4% | -4.6% | +3.1% | 100% |
| Q4 2024 | -2.0% | +2.1% | -4.2% | 100% |
| Q3 2024 | +5.1% | +5.4% | -0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $5.2B | 519 |
| Q1 2026 | $5.8B | 439 |
| Q4 2025 | $4.1B | 429 |
| Q3 2025 | $3.7B | 433 |
| Q2 2025 | $6.5B | 995 |
| Q1 2025 | $5.8B | 897 |
| Q4 2024 | $2.5B | 1,155 |
| Q3 2024 | $2.3B | 337 |
| Q2 2024 | $1.5B | 98 |