Keystone Financial Services, LLC
Long book
$148.7M
Q1 2026
Positions
58
Top-10 weight
64%
concentration
Last quarter
+11.4%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsKeystone Financial Services, LLC is a wealth-management firm allocating client money, running a $148.7M US long book across 58 positions.
The portfolio is concentrated: the top 10 names carry 64% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: PUTNAM FOCUSED LRG CAP VALUE, VANGUARD S&P 500 GROWTH ETF, STE STR SPDR PT S&P 500 ETF, PACER SWAN SOS FUND OF FUNDS, JPM DIVERSIFIED RT SMALL CAP.
Over the last 6 quarters its long book ran on average 0.8pp 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
-3.2%
Q1 2025
+7.6%
Q2 2025
+6.8%
Q3 2025
+2.0%
Q4 2025
-1.9%
Q1 2026
+11.4%
Sector allocation
Technology 37%
Financials 27%
Industrials 17%
Energy 7%
Services media 6%
Consumer discretionary 6%
Long book by quarter
What does Keystone Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 5.0K | $2.4M | 1.6% | -2.3% |
| NVDA NVIDIA CORP | Technology | 10.0K | $1.7M | 1.2% | +2.9% |
| UNP UNION PACIFIC CORP | Industrials | 5.9K | $1.4M | 1.0% | -3.2% |
| AAPL APPLE INC | Technology | 5.6K | $1.4M | 1.0% | -1.5% |
| SOFI SOFI TECHNOLOGIES INC | Financials | 52.2K | $829K | 0.6% | +1.2% |
| XOM EXXON MOBIL CORP | Energy | 4.6K | $782K | 0.5% | +0.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 3.4K | $700K | 0.5% | +8.3% |
| TSLA TESLA INC | Industrials | 1.7K | $624K | 0.4% | +5.8% |
| MELI MERCADOLIBRE INC | Services media | 171 | $296K | 0.2% | +1.2% |
| MSFT MICROSOFT CORP | Technology | 753 | $279K | 0.2% | +9.8% |
| GOOGL ALPHABET INC-CL A | Technology | 954 | $274K | 0.2% | +1.1% |
| GOOG ALPHABET INC-CL C | Technology | 897 | $257K | 0.2% | +0.1% |
| DIS WALT DISNEY CO/THE | Services media | 2.4K | $232K | 0.2% | -3.0% |
| META META PLATFORMS INC-CLASS A | Technology | 404 | $231K | 0.2% | +3.1% |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 677 | $221K | 0.1% | Held |
| MRVL MARVELL TECHNOLOGY INC | Technology | 2.0K | $202K | 0.1% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 21, 2026 | 58 | $148.7M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 27, 2026 | 54 | $146.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 28, 2025 | 53 | $142.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 51 | $131.6M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 25, 2025 | 47 | $118.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Mar 14, 2025 | 44 | $109.1M | canonical | SEC ↗ |