KKM Financial LLC

Other Low signal CIK 2001943
League rank
#27
in Other · #232 overall
Long book
$563.2M
Q1 2026
Positions
168
Top-10 weight
25%
concentration
Last quarter
+28.1%
SPY +14.8%
Turnover
1%
of book per quarter

Strategy in plain words

auto-generated from filings

KKM Financial LLC is an institutional manager, running a $563.2M US long book across 168 positions.

The portfolio is broadly diversified across 168 positions (top 10 only 25%). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: LIBERTY MEDIA CORP-FORMULA-A, MICRON TECHNOLOGY INC, NVIDIA CORP, ELI LILLY & CO, ADVANCED MICRO DEVICES.

Over the last 9 quarters its long book ran on average 1.6pp per quarter ahead of the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.9%
Q2 2024
+5.8%
Q3 2024
+0.7%
Q4 2024
-1.8%
Q1 2025
+9.0%
Q2 2025
+7.5%
Q3 2025
+1.4%
Q4 2025
+1.9%
Q1 2026
+28.1%

Sector allocation

Technology
33%
Industrials
14%
Communications
12%
Healthcare
11%
Financials
8%
Consumer discretionary
6%
Utilities
5%
Other
3%

Long book by quarter

$205.1M
Q1 2024
$210.9M
Q2 2024
$202.1M
Q3 2024
$239.9M
Q4 2024
$236.5M
Q1 2025
$287.6M
Q2 2025
$318.0M
Q3 2025
$563.3M
Q4 2025
$563.2M
Q1 2026

What does KKM Financial own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
FWONA LIBERTY MEDIA CORP-FORMULA-ACommunications207.5K$18.5M3.3%Held
MU MICRON TECHNOLOGY INCTechnology60.4K$17.2M3.1%Held
NVDA NVIDIA CORPTechnology88.7K$16.5M2.9%Held
LLY ELI LILLY & COHealthcare13.9K$15.0M2.7%Held
AMD ADVANCED MICRO DEVICESTechnology66.4K$14.2M2.5%Held
LRCX LAM RESEARCH CORPIndustrials75.0K$12.8M2.3%Held
AAPL APPLE INCTechnology46.0K$12.5M2.2%Held
ASML ASML HOLDING NV-NY REG SHSIndustrials10.6K$11.4M2.0%Held
CMCSA COMCAST CORP-CLASS ACommunications361.7K$10.8M1.9%Held
HD HOME DEPOT INCConsumer discretionary30.0K$10.3M1.8%Held
PANW PALO ALTO NETWORKS INCTechnology54.2K$10.0M1.8%Held
AMAT APPLIED MATERIALS INCTechnology37.3K$9.6M1.7%Held
MSFT MICROSOFT CORPTechnology18.0K$8.7M1.5%Held
INTC INTEL CORPTechnology225.4K$8.3M1.5%Held
GOOGL ALPHABET INC-CL ATechnology26.0K$8.1M1.4%Held
AWK AMERICAN WATER WORKS CO INCUtilities61.3K$8.0M1.4%Held
JPM JPMORGAN CHASE & COFinancials23.8K$7.7M1.4%Held
JNJ JOHNSON & JOHNSONHealthcare35.1K$7.3M1.3%Held
HCA HCA HEALTHCARE INCHealthcare15.5K$7.2M1.3%Held
ORCL ORACLE CORPTechnology36.3K$7.1M1.3%Held
IBM INTL BUSINESS MACHINES CORPTechnology23.4K$6.9M1.2%Held
META META PLATFORMS INC-CLASS ATechnology10.3K$6.8M1.2%Held
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials13.4K$6.8M1.2%Held
CVS CVS HEALTH CORPHealthcare84.1K$6.7M1.2%Held
AMZN AMAZON.COM INCConsumer discretionary27.3K$6.3M1.1%Held
FWONK LIBERTY MEDIA CORP-FORMULA-CCommunications62.5K$6.2M1.1%Held
KLAC KLA CORPOther5.0K$6.1M1.1%Held
F FORD MOTOR COIndustrials457.2K$6.0M1.1%Held
V VISA INC-CLASS A SHARESServices media16.6K$5.8M1.0%Held
CB CHUBB LTDFinancials18.6K$5.8M1.0%Held
LBRDK LIBERTY BROADBAND-CCommunications119.6K$5.8M1.0%Held
BA BOEING CO/THEIndustrials26.7K$5.8M1.0%Held
CME CME GROUP INCFinancials20.8K$5.7M1.0%Held
FCX FREEPORT-MCMORAN INCMaterials110.8K$5.6M1.0%Held
NTR NUTRIEN LTDOther90.5K$5.6M1.0%Held
XOM EXXON MOBIL CORPEnergy45.6K$5.5M1.0%Held
MMM 3M COHealthcare34.1K$5.5M1.0%Held
WM WASTE MANAGEMENT INCUtilities24.8K$5.5M1.0%Held
DAL DELTA AIR LINES INCIndustrials76.7K$5.3M0.9%Held
DUK DUKE ENERGY CORPUtilities44.6K$5.2M0.9%Held
FDX FEDEX CORPIndustrials18.0K$5.2M0.9%Held
COST COSTCO WHOLESALE CORPConsumer discretionary5.9K$5.1M0.9%Held
MPC MARATHON PETROLEUM CORPEnergy31.0K$5.0M0.9%Held
LMT LOCKHEED MARTIN CORPIndustrials10.0K$4.8M0.9%Held
SYY SYSCO CORPConsumer discretionary64.2K$4.7M0.8%Held
VZ VERIZON COMMUNICATIONS INCCommunications115.7K$4.7M0.8%Held
EPD ENTERPRISE PRODUCTS PARTNERSUtilities146.5K$4.7M0.8%Held
ADP AUTOMATIC DATA PROCESSINGTechnology17.5K$4.5M0.8%Held
GLIBK LIBERTY CAPITAL CORP-CL CCommunications120.2K$4.5M0.8%Held
MAS MASCO CORPIndustrials66.6K$4.2M0.8%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 2026168$563.2M canonicalSEC ↗
Q4 202513F-HRFeb 18, 2026170$563.3M canonicalSEC ↗
Q3 202513F-HRNov 14, 2025139$318.0M canonicalSEC ↗
Q2 202513F-HRAug 14, 2025153$287.6M canonicalSEC ↗
Q1 202513F-HRMay 15, 2025148$236.5M canonicalSEC ↗
Q4 202413F-HRFeb 14, 2025150$239.9M canonicalSEC ↗
Q3 202413F-HRNov 12, 2024141$202.1M canonicalSEC ↗
Q2 202413F-HRAug 14, 2024146$210.9M canonicalSEC ↗
Q1 202413F-HRMay 14, 2024144$205.1M canonicalSEC ↗