# KKM Financial LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2001943. Source: https://holderbook.com/funds/2001943-kkm-financial-llc/

- Reported value: $729.9M
- Positions: 169
- Weight of the ten largest: 23.7%
- Filed: 2026-08-14

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 |
|---|---|---|---|---|---|
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $24.6M | 72,971 | 3.4% | 11 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $23.3M | 166,641 | 3.2% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $19.4M | 46,104 | 2.7% | 11 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $16.0M | 13,652 | 2.2% | 10 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $15.8M | 38,062 | 2.2% | 11 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $15.6M | 30,759 | 2.1% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $15.0M | 74,809 | 2.1% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $14.9M | 51,470 | 2.0% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $14.5M | 57,469 | 2.0% | 11 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $14.2M | 39,844 | 1.9% | 11 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $14.2M | 8,699 | 1.9% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $14.0M | 24,482 | 1.9% | 11 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $13.6M | 28,284 | 1.9% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $13.4M | 37,982 | 1.8% | 11 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $12.3M | 13,079 | 1.7% | 11 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $11.9M | 21,303 | 1.6% | 11 |
| LAM RESEARCH CORP | [LRCXXXXX](https://holderbook.com/stocks/LRCXXXXX/) | $11.9M | 40,744 | 1.6% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $11.9M | 85,947 | 1.6% | 11 |
| NORTHERN LTS FD TR II | [ESN](https://holderbook.com/stocks/ESN/) | $11.8M | 592,014 | 1.6% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $11.6M | 33,798 | 1.6% | 11 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $10.9M | 26,896 | 1.5% | 3 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $10.8M | 59,145 | 1.5% | 3 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $10.2M | 39,734 | 1.4% | 11 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $10.0M | 106,349 | 1.4% | 11 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $9.6M | 78,479 | 1.3% | 1 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $9.6M | 86,100 | 1.3% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $9.5M | 37,425 | 1.3% | 11 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $9.5M | 14,772 | 1.3% | 11 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $9.2M | 88,558 | 1.3% | 11 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $8.8M | 26,824 | 1.2% | 11 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $8.6M | 79,403 | 1.2% | 1 |
| MASCO CORP | [MAS](https://holderbook.com/stocks/MAS/) | $8.5M | 104,516 | 1.2% | 11 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $8.5M | 61,228 | 1.2% | 11 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $8.3M | 24,254 | 1.1% | 11 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $8.3M | 43,253 | 1.1% | 1 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $8.2M | 224,298 | 1.1% | 11 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $8.1M | 97,027 | 1.1% | 11 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $8.0M | 15,896 | 1.1% | 11 |
| FREEPORT-MCMORAN INC | [FCX](https://holderbook.com/stocks/FCX/) | $7.8M | 124,659 | 1.1% | 6 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $7.7M | 34,772 | 1.1% | 11 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $7.7M | 61,196 | 1.1% | 11 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $7.5M | 23,863 | 1.0% | 11 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $7.3M | 115,773 | 1.0% | 11 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $7.3M | 171,664 | 1.0% | 11 |
| FORD MTR CO | [F](https://holderbook.com/stocks/F/) | $7.1M | 509,182 | 1.0% | 11 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $7.0M | 52,949 | 1.0% | 10 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $7.0M | 24,715 | 1.0% | 11 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $6.9M | 42,423 | 0.9% | 11 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $6.7M | 13,218 | 0.9% | 11 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $6.7M | 30,860 | 0.9% | 11 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $6.6M | 274,859 | 0.9% | 11 |
| ARISTA NETWORKS INC | [ANETXXXX](https://holderbook.com/stocks/ANETXXXX/) | $6.5M | 36,133 | 0.9% | 1 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $6.4M | 15,853 | 0.9% | 3 |
| ISHARES TR | [IGM](https://holderbook.com/stocks/IGM/) | $6.3M | 38,509 | 0.9% | 11 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $6.3M | 28,115 | 0.9% | 11 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $6.1M | 31,824 | 0.8% | 11 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $6.0M | 27,147 | 0.8% | 11 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $5.7M | 60,673 | 0.8% | 1 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $5.4M | 5,265 | 0.7% | 3 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $5.1M | 14,325 | 0.7% | 1 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $5.1M | 13,007 | 0.7% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.9M | 6,553 | 0.7% | 11 |
| PERSHING SQUARE USA LTD | [PSUS](https://holderbook.com/stocks/PSUS/) | $4.5M | 119,307 | 0.6% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $4.3M | 59,744 | 0.6% | 6 |
| ISHARES U S ETF TR | [NEAR](https://holderbook.com/stocks/NEAR/) | $3.9M | 76,874 | 0.5% | 7 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $3.2M | 29,263 | 0.4% | 7 |
| ISHARES TR | [IYF](https://holderbook.com/stocks/IYF/) | $3.2M | 25,284 | 0.4% | 11 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $3.2M | 17,312 | 0.4% | 11 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $3.2M | 11,169 | 0.4% | 3 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $3.1M | 8,370 | 0.4% | 3 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $3.1M | 12,908 | 0.4% | 1 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $3.1M | 33,753 | 0.4% | 11 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $3.0M | 11,857 | 0.4% | 11 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.8M | 8,023 | 0.4% | 11 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.7M | 44,482 | 0.4% | 11 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $2.7M | 9,040 | 0.4% | 11 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $2.5M | 5,840 | 0.3% | 11 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $2.3M | 2,377 | 0.3% | 11 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $2.2M | 11,454 | 0.3% | 3 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $2.2M | 2,019 | 0.3% | 11 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $1.9M | 17,520 | 0.3% | 11 |
| FEDEX FGHT HLDG CO INC | - | $1.8M | 11,848 | 0.2% | 1 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $1.7M | 5,188 | 0.2% | 11 |
| DBX ETF TR | [DBJP](https://holderbook.com/stocks/DBJP/) | $1.6M | 13,547 | 0.2% | 11 |
| ISHARES TR | [IYJ](https://holderbook.com/stocks/IYJ/) | $1.4M | 8,640 | 0.2% | 11 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $1.4M | 29,947 | 0.2% | 5 |
| INVESCO EXCHANGE TRADED FD T | [PSI](https://holderbook.com/stocks/PSI/) | $1.3M | 7,147 | 0.2% | 11 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $1.3M | 39,891 | 0.2% | 7 |
| DBX ETF TR | [DBEZ](https://holderbook.com/stocks/DBEZ/) | $1.2M | 19,748 | 0.2% | 11 |
| FIRST TR EXCHANGE-TRADED FD | [FTSM](https://holderbook.com/stocks/FTSM/) | $1.2M | 19,434 | 0.2% | 11 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.1M | 9,962 | 0.2% | 11 |
| ISHARES TR | [IYE](https://holderbook.com/stocks/IYE/) | $1.1M | 19,268 | 0.1% | 11 |
| DBX ETF TR | [DBEF](https://holderbook.com/stocks/DBEF/) | $1.1M | 19,856 | 0.1% | 11 |
| QUANTUM CORP | [QMCO](https://holderbook.com/stocks/QMCO/) | $960.5K | 90,274 | 0.1% | 1 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $917.0K | 40,253 | 0.1% | 7 |
| SPDR SERIES TRUST | [SPLB](https://holderbook.com/stocks/SPLB/) | $862.7K | 38,514 | 0.1% | 7 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $855.8K | 4,094 | 0.1% | 11 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $844.6K | 3,484 | 0.1% | 11 |
| ISHARES TR | [IYC](https://holderbook.com/stocks/IYC/) | $836.6K | 8,275 | 0.1% | 11 |
| ISHARES TR | [IYT](https://holderbook.com/stocks/IYT/) | $804.1K | 9,269 | 0.1% | 11 |

## 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 | +34.3% | +14.8% | +19.5% | 101% |
| Q1 2026 | +1.5% | -4.6% | +6.1% | 99% |
| Q4 2025 | +0.9% | +2.4% | -1.4% | 100% |
| Q3 2025 | +7.2% | +7.8% | -0.6% | 100% |
| Q2 2025 | +8.5% | +10.5% | -2.0% | 100% |
| Q1 2025 | -2.2% | -4.6% | +2.4% | 100% |
| Q4 2024 | +0.2% | +2.1% | -1.9% | 100% |
| Q3 2024 | +5.3% | +5.4% | -0.1% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $729.9M | 169 |
| Q1 2026 | $563.2M | 168 |
| Q4 2025 | $563.3M | 170 |
| Q3 2025 | $318.0M | 139 |
| Q2 2025 | $287.6M | 153 |
| Q1 2025 | $236.5M | 148 |
| Q4 2024 | $239.9M | 150 |
| Q3 2024 | $202.1M | 141 |
| Q2 2024 | $210.9M | 146 |
| Q1 2024 | $205.1M | 144 |
| Q4 2023 | $158.8M | 125 |