Managers / Q1 2021 · view latest →
Kelman-Lazarov, Inc.
CIK 0001672067 · 5100 POPLAR AVENUE STE. 2805, MEMPHIS, TN, 38137 · 901-685-8284
Reported Value
$281M
Q1 2021
Positions
84
Filings on Record
30
2019–present window
Filed
May 7, 2021
original filing
Summary
Kelman-Lazarov, Inc. reported $281M in U.S.-listed holdings across 84 positions for Q1 2021.
The portfolio is heavily concentrated: Schwab Strategic Tr alone accounts for 39.1% of reported value.
Compared with Q4 2020, the fund opened 2 new positions and exited 3.
Portfolio Metrics
Turnover
+0.6%
vs prior filed quarter
Top-10 Concentration
+88.6%
share of reported value
Largest Position
+39.1%
Schwab Strategic Tr
New / Exited
2 / 3
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- ETP · 86.3% · $242M
- Common Stock · 13.4% · $38M
- REIT · 0.3% · $815,000
Quarter-over-Quarter Changes full breakdown →
vs Q4 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NUSHARES ETF TR | NEW | +20.1K | 20.1K | +$520,000 | $520,000 |
| ISHARES TR | NEW | +10.9K | 10.9K | +$284,000 | $284,000 |
| AZOAUTOZONE INC | SOLD OUT | −310 | 0 | −$367,000 | $0 |
| ALGNALIGN TECHNOLOGY INC | SOLD OUT | −400 | 0 | −$214,000 | $0 |
| TEMPLETON GLOBAL INCOME FD | SOLD OUT | −18.1K | 0 | −$100,000 | $0 |
| SCHWAB STRATEGIC TR | ADDED | +2.2K | 6.1K | +$112,000 | $331,000 |
| ESGDISHARES TR | ADDED | +2.0K | 6.5K | +$168,000 | $494,000 |
| MID-AMER APT CMNTYS INC | TRIMMED | −955 | 1.8K | −$89,000 | $263,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2021
54 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | SCHWAB FDT US LG · US LCAP GR ETF · SCHWB FDT EMK LG · INTL EQTY ETF · US LCAP VA ETF · SCHWB FDT INT SC · SCHWAB FDT US SC · SCHWB FDT INT LG · US AGGREGATE B · US MID-CAP ETF | 39.08% | $110M | 1.98M |
| 2 | GOLDMAN SACHS ETF TR | ACTIVEBETA INT · ACTIVEBETA US LG · ACTIVEBETA EME | 19.19% | $54M | 1.21M |
| 3 | VANECK VECTORS ETF TR | MORNINGSTAR WIDE | 9.06% | $25M | 366.9K |
| 4 | ESGDISHARES TR | CORE S&P SCP ETF · CORE S&P MCP ETF · NASDAQ BIOTECH · DOW JONES US ETF · S&P 500 VAL ETF · ESG AW MSCI EAFE · MORNINGSTAR GRWT · RUS 1000 ETF · 1 3 YR TREAS BD · ESG AWRE 1 5 YR · S&P SML 600 GWT | 8.85% | $25M | 209.0K |
| 5 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 4.85% | $14M | 47.3K |
| 6 | WORLD GOLD TR | SPDR GLD MINIS | 2.70% | $8M | 445.2K |
| 7 | VTVVANGUARD INDEX FDS | VALUE ETF · GROWTH ETF · MID CAP ETF | 1.51% | $4M | 25.1K |
| 8 | INVESCO EXCH TRADED FD TR II | S&P 500 REVENUE | 1.25% | $3M | 50.3K |
| 9 | SPDR S&P 500 ETF TR | TR UNIT | 1.12% | $3M | 8.0K |
| 10 | FDXFEDEX CORP | COM | 0.96% | $3M | 9.5K |
| 11 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 0.88% | $2M | 1.2K |
| 12 | AAPLAPPLE INC | COM | 0.78% | $2M | 17.8K |
| 13 | MDYSPDR S&P MIDCAP 400 ETF TR | UTSER1 S&PDCRP | 0.77% | $2M | 4.5K |
| 14 | MAMASTERCARD INCORPORATED | CL A | 0.72% | $2M | 5.7K |
| 15 | SPDR DOW JONES INDL AVERAGE | UT SER 1 | 0.55% | $2M | 4.7K |
| 16 | WISDOMTREE TR | US DIVID EX FNCL · US LARGECAP DIVD · US SMALLCAP FUND | 0.55% | $2M | 18.2K |
| 17 | NSCNORFOLK SOUTHN CORP | COM | 0.48% | $1M | 5.1K |
| 18 | TSLATESLA INC | COM | 0.48% | $1M | 2.0K |
| 19 | NUSHARES ETF TR | NUVEEN ESG US · NUVEEN ESG LRGVL · NUVEEN ESG LRGCP | 0.47% | $1M | 39.3K |
| 20 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 0.45% | $1M | 8.7K |
| 21 | YUMYUM BRANDS INC | COM | 0.41% | $1M | 10.6K |
| 22 | MCXMCCORMICK & CO INC | COM NON VTG | 0.36% | $1M | 11.3K |
| 23 | PGPROCTER AND GAMBLE CO | COM | 0.32% | $902,000 | 6.7K |
| 24 | JNJJOHNSON & JOHNSON | COM | 0.26% | $736,000 | 4.5K |
| 25 | NFLXNETFLIX INC | COM | 0.25% | $712,000 | 1.4K |
| 26 | DISDISNEY WALT CO | COM | 0.25% | $688,000 | 3.7K |
| 27 | WMTWALMART INC | COM | 0.24% | $678,000 | 5.0K |
| 28 | INVESCO EXCHANGE TRADED FD T | BUYBACK ACHIEV · S&P 500 TOP 50 | 0.22% | $608,000 | 4.7K |
| 29 | CNICANADIAN NATL RY CO | COM | 0.21% | $595,000 | 5.1K |
| 30 | MSFTMICROSOFT CORP | COM | 0.21% | $579,000 | 2.5K |
| 31 | AMTAMERICAN TOWER CORP NEW | COM | 0.20% | $552,000 | 2.3K |
| 32 | TSCOTRACTOR SUPPLY CO | COM | 0.18% | $496,000 | 2.8K |
| 33 | LOWLOWES COS INC | COM | 0.15% | $431,000 | 2.3K |
| 34 | PEPPEPSICO INC | COM | 0.13% | $366,000 | 2.6K |
| 35 | VANGUARD BD INDEX FDS | SHORT TRM BOND | 0.13% | $365,000 | 4.4K |
| 36 | HDHOME DEPOT INC | COM | 0.12% | $349,000 | 1.1K |
| 37 | PIMCO ETF TR | INTER MUN BD ACT | 0.12% | $347,000 | 6.2K |
| 38 | SPDR SER TR | PORTFOLI S&P1500 | 0.12% | $345,000 | 7.0K |
| 39 | YUMCYUM CHINA HLDGS INC | COM | 0.12% | $339,000 | 5.7K |
| 40 | ATOATMOS ENERGY CORP | COM | 0.12% | $330,000 | 3.3K |
| 41 | PFEPFIZER INC | COM | 0.12% | $323,000 | 8.9K |
| 42 | AMZNAMAZON COM INC | COM | 0.11% | $297,000 | 96 |
| 43 | BACBK OF AMERICA CORP | COM | 0.10% | $282,000 | 7.3K |
| 44 | MMM3M CO | COM | 0.10% | $276,000 | 1.4K |
| 45 | MID-AMER APT CMNTYS INC | COM | 0.09% | $263,000 | 1.8K |
| 46 | AXPAMERICAN EXPRESS CO | COM | 0.09% | $248,000 | 1.8K |
| 47 | ESGEISHARES INC | ESG AWR MSCI EM | 0.09% | $240,000 | 5.5K |
| 48 | TAT&T INC | COM | 0.08% | $225,000 | 7.4K |
| 49 | UNHUNITEDHEALTH GROUP INC | COM | 0.08% | $223,000 | 600 |
| 50 | AMGNAMGEN INC | COM | 0.08% | $219,000 | 882 |
| 51 | SELECT SECTOR SPDR TR | TECHNOLOGY | 0.08% | $216,000 | 1.6K |
| 52 | BACVERIZON COMMUNICATIONS INC | COM | 0.08% | $215,000 | 3.7K |
| 53 | QCOMQUALCOMM INC | COM | 0.07% | $204,000 | 1.5K |
| 54 | ANTARES PHARMA INC | COM | 0.02% | $62,000 | 15.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $698M | 140 | Apr 27, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $700M | 134 | Jan 26, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $674M | 132 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $617M | 122 | Jul 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $551M | 116 | May 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $556M | 109 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $581M | 109 | Nov 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $536M | 106 | Aug 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $512M | 104 | May 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $462M | 102 | Feb 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $423M | 96 | Oct 30, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $416M | 97 | Aug 4, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $385M | 95 | May 4, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $355M | 91 | Feb 6, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $294M | 83 | Oct 24, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $296M | 82 | Aug 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $301M | 82 | May 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $311M | 84 | Feb 9, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $286M | 82 | Nov 4, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $287M | 85 | Aug 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $281M | 84 | May 7, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $261M | 85 | Feb 8, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $220M | 72 | Nov 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $216M | 76 | Jul 29, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $187M | 74 | Apr 27, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $222M | 96 | Jan 29, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $203M | 97 | Oct 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $195M | 92 | Jul 22, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $190M | 94 | May 8, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $161M | 91 | Feb 11, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.