Keystone Financial Group
Long book
$1.46B
Q1 2026
Positions
524
Top-10 weight
34%
concentration
Last quarter
+14.7%
SPY +14.8%
Turnover
17%
of book per quarter
Strategy in plain words
auto-generated from filingsKeystone Financial Group is a wealth-management firm allocating client money, running a $1.46B US long book across 524 positions.
The portfolio is moderately concentrated (top 10 ≈ 34% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, SS SPDR S&P 500 ETF TRUST-US, STE STR SPDR PT S&P 500 ETF, VICTORYSHARES FREE CASH FLOW, SEAGATE TECHNOLOGY HOLDINGS.
Over the last 9 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.8%
Q2 2024
+7.2%
Q3 2024
+2.9%
Q4 2024
-3.9%
Q1 2025
+10.0%
Q2 2025
+9.9%
Q3 2025
+2.5%
Q4 2025
-3.9%
Q1 2026
+14.7%
Sector allocation
Technology 43%
Financials 11%
Industrials 10%
Other 9%
Consumer discretionary 9%
Healthcare 6%
Energy 3%
Utilities 2%
Long book by quarter
What does Keystone Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 341.1K | $87.9M | 6.0% | -0.1% |
| STXN SEAGATE TECHNOLOGY HOLDINGS | — | 62.7K | $40.2M | 2.8% | -0.1% |
| NVDA NVIDIA CORP | Technology | 216.2K | $39.2M | 2.7% | +0.5% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 266.3K | $38.9M | 2.7% | +7.0% |
| TSLA TESLA INC | Industrials | 94.0K | $35.5M | 2.4% | +3.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 98.9K | $23.7M | 1.6% | +2.9% |
| AMD ADVANCED MICRO DEVICES | Technology | 80.2K | $23.5M | 1.6% | -3.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 46.8K | $22.4M | 1.5% | +2.6% |
| META META PLATFORMS INC-CLASS A | Technology | 34.3K | $20.5M | 1.4% | +4.2% |
| MSFT MICROSOFT CORP | Technology | 49.7K | $18.7M | 1.3% | +2.7% |
| JPM JPMORGAN CHASE & CO | Financials | 60.5K | $18.6M | 1.3% | +2.7% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 17 | $12.2M | 0.8% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 48.9K | $11.6M | 0.8% | +1.7% |
| GOOG ALPHABET INC-CL C | Technology | 37.8K | $11.5M | 0.8% | -3.7% |
| GOOGL ALPHABET INC-CL A | Technology | 31.4K | $9.8M | 0.7% | +6.7% |
| XOM EXXON MOBIL CORP | Energy | 53.2K | $9.0M | 0.6% | +1.1% |
| T AT&T INC | Communications | 248.7K | $6.6M | 0.5% | +3.7% |
| MCD MCDONALD'S CORP | Consumer discretionary | 21.9K | $6.5M | 0.4% | +6.4% |
| BA BOEING CO/THE | Industrials | 28.3K | $6.3M | 0.4% | +5.3% |
| LOW LOWE'S COS INC | Consumer discretionary | 26.3K | $6.2M | 0.4% | +2.3% |
| CVX CHEVRON CORP | Energy | 29.3K | $6.1M | 0.4% | +13.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 35.6K | $5.2M | 0.4% | -2.4% |
| WMT WALMART INC | Consumer discretionary | 37.1K | $4.6M | 0.3% | -0.3% |
| ABBV ABBVIE INC | Healthcare | 18.9K | $4.1M | 0.3% | +0.2% |
| DIS WALT DISNEY CO/THE | Services media | 38.6K | $4.0M | 0.3% | +10.7% |
| LLY ELI LILLY & CO | Healthcare | 4.2K | $3.9M | 0.3% | +17.4% |
| ABT ABBOTT LABORATORIES | Healthcare | 36.9K | $3.5M | 0.2% | -2.8% |
| HD HOME DEPOT INC | Consumer discretionary | 10.0K | $3.3M | 0.2% | +2.0% |
| NFLX NETFLIX INC | Services media | 32.8K | $3.1M | 0.2% | +10.3% |
| WFC 7.5 PERP L WELLS FARGO & COMPANY | — | 2.6K | $3.1M | 0.2% | Held |
| PEP PEPSICO INC | Consumer staples | 19.6K | $3.0M | 0.2% | +4.3% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 18.0K | $3.0M | 0.2% | +2.6% |
| CMG CHIPOTLE MEXICAN GRILL INC | Consumer discretionary | 87.6K | $2.9M | 0.2% | +11.8% |
| MRK MERCK & CO. INC. | Healthcare | 23.2K | $2.7M | 0.2% | +2.1% |
| V VISA INC-CLASS A SHARES | Services media | 8.6K | $2.6M | 0.2% | +16.1% |
| KO COCA-COLA CO/THE | Consumer staples | 34.1K | $2.6M | 0.2% | -0.2% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 528 | $1.46B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 6, 2026 | 454 | $1.35B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ARESTATEMENT | Nov 17, 2025 | 442 | $1.31B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 442 | $1.31B | SEC ↗ | |
| Q2 2025 | 13F-HR | Aug 13, 2025 | 441 | $1.11B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 405 | $983.7M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 395 | $1.02B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ARESTATEMENT | Feb 19, 2025 | 373 | $781.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR/ARESTATEMENT | Feb 18, 2025 | 352 | $768.5M | SEC ↗ | |
| Q3 2024 | 13F-HR/ANEW HOLDINGS | Feb 13, 2025 | 369 | $774.6M | SEC ↗ | |
| Q3 2024 | 13F-HR | Nov 12, 2024 | 177 | $302.9M | SEC ↗ | |
| Q2 2024 | 13F-HR | Jul 31, 2024 | 169 | $279.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 8, 2024 | 347 | $686.5M | canonical | SEC ↗ |