Managers / Q1 2026
Keudell/Morrison Wealth Management
CIK 0001785498 · 235 FRONT ST SE, STE 300, SALEM, OR, 97301 · 9712094500
Reported Value
$489M
Q1 2026
Positions
245
Filings on Record
30
2019–present window
Filed
Apr 20, 2026
original filing
Summary
Keudell/Morrison Wealth Management reported $489M in U.S.-listed holdings across 245 positions for Q1 2026.
Its largest position, Schwab Strategic Tr, represents 9.6% of the portfolio.
Compared with Q4 2025, the fund opened 29 new positions and exited 16.
Portfolio Metrics
Turnover
+9.0%
vs prior filed quarter
Top-10 Concentration
+46.1%
share of reported value
Largest Position
+9.6%
Schwab Strategic Tr
New / Exited
29 / 16
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. 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 · 60.7% · $297M
- Common Stock · 35.5% · $174M
- Other · 1.2% · $6M
- ADR · 1.1% · $6M
- REIT · 0.8% · $4M
- Other · 0.5% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SPDR INDEX SHS FDS | NEW | +211.2K | 211.2K | +$8M | $8M |
| VANECK ETF TRUST | NEW | +69.1K | 69.1K | +$6M | $6M |
| CAPITAL GRP FIXED INCM ETF T | NEW | +24.7K | 24.7K | +$637,434 | $637,434 |
| AMCOR PLC | NEW | +12.2K | 12.2K | +$484,183 | $484,183 |
| AMTAMERICAN TOWER CORP | NEW | +2.7K | 2.7K | +$469,590 | $469,590 |
| ASTRAZENECA PLC | NEW | +2.3K | 2.3K | +$462,086 | $462,086 |
| WECWEC ENERGY GROUP INC | NEW | +3.4K | 3.4K | +$388,293 | $388,293 |
| RRCRANGE RES CORP | NEW | +7.1K | 7.1K | +$320,778 | $320,778 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
45 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | US DIVIDEND EQ · FUNDAMENTAL INTL · US LCAP GR ETF | 15.11% | $74M | 2.16M |
| 2 | TCW ETF TRUST | FLEXIBLE INCOME | 8.84% | $43M | 1.10M |
| 3 | DFACDIMENSIONAL ETF TRUST | US CORE EQUITY 2 · EMERGING MRKTETS | 8.35% | $41M | 909.7K |
| 4 | VANGUARD WHITEHALL FDS | EM MK GOV BD ETF · HIGH DIV YLD | 7.09% | $35M | 436.0K |
| 5 | AAPLAPPLE INChistory → | COM | 3.46% | $17M | 66.7K |
| 6 | GOOGALPHABET INC | CAP STK CL C · CAP STK CL A | 2.46% | $12M | 41.8K |
| 7 | TORTOISE CAPITAL SERIES TRUS | NORTH AMRCN PIPE | 2.31% | $11M | 266.9K |
| 8 | J P MORGAN EXCHANGE TRADED F | MUNICIPAL ETF | 2.03% | $10M | 198.9K |
| 9 | LVHILEGG MASON ETF INVThistory → | FRANKLIN INTL LW | 2.02% | $10M | 244.2K |
| 10 | VANGUARD INDEX FDS | REAL ESTATE ETF | 1.84% | $9M | 101.5K |
| 11 | SPDR INDEX SHS FDS | STATE STREET SPD | 1.71% | $8M | 211.2K |
| 12 | MSFTMICROSOFT CORPhistory → | COM | 1.51% | $7M | 19.9K |
| 13 | AMZNAMAZON COM INChistory → | COM | 1.49% | $7M | 35.1K |
| 14 | EXMOCEXXON MOBIL CORPhistory → | COM | 1.28% | $6M | 36.8K |
| 15 | VANECK ETF TRUST | AGRIBUSINESS ETF | 1.19% | $6M | 69.1K |
| 16 | CAPITAL GRP FIXED INCM ETF T | MUNICIPAL HIGH I | 1.03% | $5M | 198.5K |
| 17 | LLYELI LILLY & CO | COM | 0.93% | $5M | 5.0K |
| 18 | LRCXLAM RESEARCH CORP | COM NEW | 0.91% | $4M | 20.9K |
| 19 | VDEVANGUARD WORLD FD | ENERGY ETF | 0.91% | $4M | 25.8K |
| 20 | ABBVABBVIE INC | COM | 0.89% | $4M | 20.0K |
| 21 | SELECT SECTOR SPDR TR | STATE STREET TEC | 0.82% | $4M | 30.3K |
| 22 | CHVCHEVRON CORPORATION | COM | 0.79% | $4M | 18.6K |
| 23 | NVDANVIDIA CORPORATION | COM | 0.76% | $4M | 21.2K |
| 24 | VVISA INC | COM CL A | 0.69% | $3M | 11.2K |
| 25 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.67% | $3M | 5.7K |
| 26 | RTXRTX CORPORATION | COM | 0.67% | $3M | 17.0K |
| 27 | 4I1PHILIP MORRIS INTL INC | COM | 0.63% | $3M | 18.7K |
| 28 | HDHOME DEPOT INC | COM | 0.62% | $3M | 9.2K |
| 29 | SPDR SERIES TRUST | STATE STREET SPD | 0.60% | $3M | 30.0K |
| 30 | CATCATERPILLAR INC | COM | 0.59% | $3M | 4.1K |
| 31 | JPMJPMORGAN CHASE & CO | COM | 0.57% | $3M | 9.5K |
| 32 | USBUS BANCORP | COM NEW | 0.55% | $3M | 51.9K |
| 33 | BACVERIZON COMMUNICATIONS INC | COM | 0.53% | $3M | 52.1K |
| 34 | ISHARES TR | CORE DIV GRWTH | 0.43% | $2M | 30.0K |
| 35 | GILDGILEAD SCIENCES INC | COM | 0.43% | $2M | 15.0K |
| 36 | SYKSTRYKER CORPORATION | COM | 0.41% | $2M | 6.1K |
| 37 | TAT&T INC | COM | 0.41% | $2M | 68.9K |
| 38 | MOALTRIA GROUP INC | COM | 0.41% | $2M | 30.1K |
| 39 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 0.38% | $2M | 8.5K |
| 40 | QCOMQUALCOMM INC | COM | 0.37% | $2M | 14.2K |
| 41 | JNJJOHNSON & JOHNSON | COM | 0.37% | $2M | 7.3K |
| 42 | COSTCOSTCO WHOLESALE CORPORATION | COM | 0.36% | $2M | 1.8K |
| 43 | METAMETA PLATFORMS INC | CL A | 0.36% | $2M | 3.1K |
| 44 | ASML HLDG NV | N Y REGISTRY SHS | 0.35% | $2M | 1.3K |
| 45 | AMGNAMGEN INC | COM | 0.35% | $2M | 4.9K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $489M | 245 | Apr 20, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $476M | 232 | Feb 6, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $451M | 228 | Jul 22, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $424M | 218 | Apr 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $384M | 220 | Jan 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $368M | 219 | Oct 31, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $342M | 206 | Jul 16, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $330M | 204 | May 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $303M | 191 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $328M | 179 | Oct 18, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $347M | 186 | Jul 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $340M | 183 | Apr 18, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $312M | 184 | Jan 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $267M | 174 | Oct 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $275M | 171 | Jul 18, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $239M | 175 | Apr 18, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $253M | 188 | Feb 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $233M | 177 | Oct 20, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $183M | 167 | Jul 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $172M | 168 | Apr 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $158M | 156 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $156M | 148 | Oct 20, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $121M | 141 | Jul 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $102M | 136 | Apr 20, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $145M | 154 | Jan 29, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $121M | 151 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $114M | 142 | Aug 23, 2019 | RESTATEMENT | 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 ↗.