Keystone Financial Group, Inc.
Long book
$192.4M
Q1 2026
Positions
134
Top-10 weight
67%
concentration
Last quarter
+7.0%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsKeystone Financial Group, Inc. is a wealth-management firm allocating client money, specialised in financials (71% of the long book), running a $192.4M US long book across 134 positions.
The portfolio is concentrated: the top 10 names carry 67% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: DIMENSIONAL US CORE EQUITY M, VANGUARD CORE-PLUS BOND ETF, ISHARES 0-3 MONTH TREASURY B, SCHWAB US DVD EQUITY ETF, VANGUARD DIVIDEND APPREC ETF.
Over the last 6 quarters its long book ran on average 1.5pp per quarter behind the S&P 500, beating the index in 2 of 6 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
Q4 2024
+0.1%
Q1 2025
+5.0%
Q2 2025
+4.8%
Q3 2025
+1.9%
Q4 2025
+0.1%
Q1 2026
+7.0%
Sector allocation
Financials 70%
Technology 10%
Healthcare 9%
Utilities 6%
Industrials 2%
Other 1%
Energy 1%
Consumer discretionary 1%
Long book by quarter
What does Keystone Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| FBK FB FINANCIAL CORP | Financials | 134.2K | $7.0M | 3.6% | -16.6% |
| TFC TRUIST FINANCIAL CORP | Financials | 21.8K | $1.0M | 0.5% | +0.3% |
| NVDA NVIDIA CORP | Technology | 3.5K | $606K | 0.3% | -0.1% |
| UCB UNITED COMMUNITY BANKS/GA | Financials | 18.1K | $575K | 0.3% | -1.2% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.6K | $392K | 0.2% | +0.4% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 756 | $362K | 0.2% | Held |
| TRV TRAVELERS COS INC/THE | Financials | 1.1K | $331K | 0.2% | +0.3% |
| AMGN AMGEN INC | Healthcare | 912 | $321K | 0.2% | +0.4% |
| MSFT MICROSOFT CORP | Technology | 779 | $288K | 0.1% | Held |
| WEC WEC ENERGY GROUP INC | Utilities | 2.4K | $280K | 0.1% | +0.3% |
| SO SOUTHERN CO/THE | Utilities | 2.9K | $278K | 0.1% | +0.5% |
| ABBV ABBVIE INC | Healthcare | 1.1K | $248K | 0.1% | +0.3% |
| CSCO CISCO SYSTEMS INC | Technology | 3.0K | $235K | 0.1% | -11.2% |
| ATO ATMOS ENERGY CORP | Utilities | 1.1K | $210K | 0.1% | +0.5% |
| GS GOLDMAN SACHS GROUP INC | Financials | 204 | $173K | 0.1% | -12.4% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 687 | $155K | 0.1% | +0.6% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 877 | $138K | 0.1% | +0.3% |
| MMM 3M CO | Healthcare | 910 | $132K | 0.1% | +0.6% |
| TXN TEXAS INSTRUMENTS INC | Technology | 621 | $121K | 0.1% | +0.5% |
| EMR EMERSON ELECTRIC CO | Industrials | 675 | $88K | 0.0% | +0.3% |
| LIN LINDE PLC | Materials | 150 | $75K | 0.0% | New |
| PEP PEPSICO INC | Consumer staples | 453 | $70K | 0.0% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 474 | $68K | 0.0% | Held |
| MDT MEDTRONIC PLC | Healthcare | 741 | $65K | 0.0% | Held |
| AAPL APPLE INC | Technology | 246 | $62K | 0.0% | -74.1% |
| XOM EXXON MOBIL CORP | Energy | 352 | $60K | 0.0% | +0.6% |
| HD HOME DEPOT INC | Consumer discretionary | 145 | $48K | 0.0% | +0.7% |
| KMB KIMBERLY-CLARK CORP | Other | 437 | $43K | 0.0% | Held |
| NRG NRG ENERGY INC | Utilities | 243 | $35K | 0.0% | +0.4% |
| EOG EOG RESOURCES INC | Energy | 231 | $33K | 0.0% | +0.9% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 110 | $32K | 0.0% | Held |
| WMT WALMART INC | Consumer discretionary | 242 | $30K | 0.0% | Held |
| RGTI RIGETTI COMPUTING INC | Technology | 2.0K | $28K | 0.0% | Held |
| TSLA TESLA INC | Industrials | 75 | $28K | 0.0% | Held |
| PNFP PINNACLE FINANCIAL PARTNERS | Financials | 277 | $24K | 0.0% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 21, 2026 | 134 | $192.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 16, 2026 | 136 | $191.0M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 20, 2025 | 130 | $177.4M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 21, 2025 | 148 | $157.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 7, 2025 | 156 | $142.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 28, 2025 | 160 | $123.5M | canonical | SEC ↗ |