SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Kaizen Financial Strategies

CIK 0001842013 · 2105 SOUTH BASCOM AVE, SUITE 295, CAMPBELL, CA, 95008 · 408-819-9010

Reported Value
$197M
Q2 2025
Positions
150
Filings on Record
21
2019–present window
Filed
Aug 8, 2025
original filing

Summary

Kaizen Financial Strategies reported $197M in U.S.-listed holdings across 150 positions for Q2 2025.

Its largest position, SCHG, represents 18.4% of the portfolio.

Compared with Q1 2025, the fund opened 20 new positions and exited 9.

Portfolio Metrics

Turnover
+3.5%
vs prior filed quarter
Top-10 Concentration
+58.3%
share of reported value
Largest Position
+18.4%
Schwab Strategic Tr
New / Exited
20 / 9
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
Q4 ’20: $90MQ4 ’20Q1 ’21: $105MQ3 ’21: $124MQ4 ’21: $134MQ4 ’21Q1 ’22: $128MQ2 ’22: $101MQ3 ’22: $99MQ3 ’22Q4 ’22: $101MQ1 ’23: $101MQ2 ’23: $117MQ2 ’23Q3 ’23: $118MQ4 ’23: $132MQ1 ’24: $147MQ1 ’24Q2 ’24: $160MQ3 ’24: $172MQ4 ’24: $177MQ4 ’24Q1 ’25: $173MQ2 ’25: $197MQ3 ’25: $221MQ3 ’25Q4 ’25: $227MQ1 ’26: $236Mfilingsflow.com

Portfolio Composition

By security type
ETP: 58.3%Common Stock: 38.7%Closed-End Fund: 1.3%REIT: 0.7%ADR: 0.6%Other: 0.3%
  • ETP · 58.3% · $115M
  • Common Stock · 38.7% · $76M
  • Closed-End Fund · 1.3% · $3M
  • REIT · 0.7% · $1M
  • ADR · 0.6% · $1M
  • Other · 0.3% · $661,674

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EDDMORGAN STANLEY EMERGING MKTSNEW+125.0K125.0K+$640,020$640,020
RGLDROYAL GOLD INCNEW+2.6K2.6K+$465,229$465,229
CAHCARDINAL HEALTH INCNEW+2.6K2.6K+$438,480$438,480
FALNISHARES TRNEW+15.2K15.2K+$413,123$413,123
EPOLISHARES TRNEW+12.0K12.0K+$387,120$387,120
EWIISHARES INCNEW+7.2K7.2K+$346,608$346,608
AVGOBROADCOM INCNEW+1.2K1.2K+$335,466$335,466
UECURANIUM ENERGY CORPNEW+47.5K47.5K+$323,075$323,075

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

108 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHGSCHWAB STRATEGIC TRUS LCAP GR ETF · 5 10YR CORP BD · LONG TERM US · FUNDAMENTAL US B · INT-TRM U.S TRES · FUNDAMENTAL US S · FUNDAMENTAL EMER · FUNDAMENTAL INTL · 1000 INDEX ETF · US MID-CAP ETF · US SML CAP ETF · US AGGREGATE B18.45%$36M1.32M
2SPYSPDR S&P 500 ETF TRhistory →TR UNIT8.43%$17M26.9K
3AAPLAPPLE INChistory →COM6.44%$13M61.8K
4CGDVCAPITAL GROUP DIVIDEND VALUEhistory →SHS CREATION UNI4.96%$10M247.5K
5VCRBVANGUARD MALVERN FDShistory →CORE BD ETF4.84%$10M122.8K
6NVDANVIDIA CORPORATIONhistory →COM4.69%$9M58.5K
7GOOGALPHABET INCCAP STK CL C · CAP STK CL A3.28%$6M36.5K
8XLKSELECT SECTOR SPDR TRTECHNOLOGY · FINANCIAL · RL EST SEL SEC · COMMUNICATION · SBI INT-UTILS · SBI CONS DISCR · INDL2.47%$5M54.5K
9JIREJ P MORGAN EXCHANGE TRADED Fhistory →INTRNL RES EQT2.39%$5M66.4K
10AMZNAMAZON COM INChistory →COM2.38%$5M21.4K
11IUSGISHARES TRCORE S&P US GWT · IBOXX INV CP ETF · RUSSELL 2000 ETF · CORE S&P500 ETF · FALN ANGLS USD · MRGSTR MD CP GRW · MSCI POLAND ETF · RUS 2000 GRW ETF · 20 YR TR BD ETF · MSCI ACWI EX US2.35%$5M56.2K
12BXBLACKSTONE INChistory →COM2.28%$4M29.9K
13MSFTMICROSOFT CORPhistory →COM1.98%$4M7.8K
14SMHVANECK ETF TRUSTSEMICONDUCTR ETF · FALLEN ANGEL HG1.82%$4M24.5K
15VIGVANGUARD SPECIALIZED FUNDShistory →DIV APP ETF1.69%$3M16.3K
16VOOVANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT · SMALL CP ETF · SML CP GRW ETF1.50%$3M8.0K
17XTLSPDR SERIES TRUSTS&P TELECOM · FACTST INV ETF · COMP SOFTWARE · S&P SEMICNDCTR · S&P INS ETF1.46%$3M22.6K
18TSLATESLA INChistory →COM1.39%$3M8.6K
19XYLDGLOBAL X FDSS&P 500 COVERED · NASDAQ 100 COVER1.34%$3M110.1K
20QQQINVESCO QQQ TRhistory →UNIT SER 11.27%$2M4.5K
21DIASPDR DOW JONES INDL AVERAGEhistory →UT SER 11.02%$2M4.6K
22CRMSALESFORCE INCCOM0.87%$2M6.3K
23BLOKAMPLIFY ETF TRBLOCKCHAIN LDR · AMPLIFY CYBERSEC0.82%$2M25.6K
24LLYELI LILLY & COCOM0.81%$2M2.1K
25METAMETA PLATFORMS INCCL A0.70%$1M1.9K
26VGSHVANGUARD SCOTTSDALE FDSSHORT TERM TREAS0.63%$1M20.9K
27COSTCOSTCO WHSL CORP NEWCOM0.58%$1M1.2K
28NFLXNETFLIX INCCOM0.54%$1M791
29CIBRFIRST TR EXCHANGE TRADED FDNASDAQ CYB ETF · WTR ETF0.53%$1M12.2K
30AGXARGAN INCCOM0.52%$1M4.6K
31VVISA INCCOM CL A0.52%$1M2.9K
32TEITEMPLETON EMERGING MKTS INCOCOM0.50%$983,042163.8K
33VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF0.46%$909,14818.4K
34AMDADVANCED MICRO DEVICES INCCOM0.44%$858,0696.0K
35EWIISHARES INCMSCI ITALY ETF · MSCI SPAIN ETF · MSCI CDA ETF0.43%$846,19118.3K
36PLTRPALANTIR TECHNOLOGIES INCCL A0.42%$825,2816.1K
37ABBVABBVIE INCCOM0.41%$809,6864.4K
38KTOSKRATOS DEFENSE & SEC SOLUTIOCOM NEW0.39%$761,78016.4K
39ACHRARCHER AVIATION INCCOM CL A0.36%$715,56866.0K
40JPMJPMORGAN CHASE & CO.COM0.35%$688,3492.4K
41PGRPROGRESSIVE CORPCOM0.34%$678,8922.5K
42ADBEADOBE INCCOM0.34%$675,4921.7K
43RSPTINVESCO EXCHANGE TRADED FD TS&P500 EQL TEC0.34%$668,79216.4K
44PDIPIMCO DYNAMIC INCOME FDSHS0.33%$654,03134.5K
45GE AEROSPACECOM NEW0.33%$650,5062.5K
46ARMARM HOLDINGS PLCSPONSORED ADS0.33%$650,0334.0K
47OKLOOKLO INCCOM CL A0.33%$642,59711.5K
48EDDMORGAN STANLEY EMERGING MKTSCOM0.33%$640,020125.0K
49AMATAPPLIED MATLS INCCOM0.32%$627,7393.4K
50SMRNUSCALE PWR CORPCL A COM0.31%$618,75815.6K
51USLMUNITED STS LIME & MINERALS ICOM0.30%$597,9026.0K
52STAGSTAG INDL INCCOM0.30%$595,49316.4K
53BACBANK AMERICA CORP7.25%CNV PFD L · COM0.30%$587,7004.8K
54OKEONEOK INC NEWCOM0.29%$564,7246.9K
55USOUNITED STS OIL FD LPUNITS0.28%$559,1457.6K
56HESMHESS MIDSTREAM LPCL A SHS0.25%$493,79212.8K
57ARIS WATER SOLUTIONS INCCLASS A COM0.24%$479,84520.3K
58AXONAXON ENTERPRISE INCCOM0.24%$474,410573
59KGCKINROSS GOLD CORPCOM0.24%$470,46330.1K
60AMGNAMGEN INCCOM0.24%$469,4961.7K
61RGLDROYAL GOLD INCCOM0.24%$465,2292.6K
62LRCXLAM RESEARCH CORPCOM NEW0.24%$464,6014.8K
63CATCATERPILLAR INCCOM0.23%$462,3741.2K
64ORCLORACLE CORPCOM0.22%$441,0432.0K
65CAHCARDINAL HEALTH INCCOM0.22%$438,4802.6K
66QCOMQUALCOMM INCCOM0.22%$434,6912.7K
67PANWPALO ALTO NETWORKS INCCOM0.22%$432,2002.1K
68NEXTERA ENERGY INCUNIT 09/01/20250.22%$427,28410.8K
69ETRENTERGY CORP NEWCOM0.21%$419,9225.1K
70GLDSPDR GOLD TRGOLD SHS0.21%$419,7511.4K
71VCTRVICTORY CAP HLDGS INCCOM CL A0.21%$411,3086.5K
72MSMORGAN STANLEYCOM NEW0.19%$371,5862.6K
73SPGSIMON PPTY GROUP INC NEWCOM0.19%$367,6412.3K
74XAWFXALLIANCEBERNSTEIN GLOBAL HIGCOM0.18%$363,23232.9K
75LENLENNAR CORPCL A0.18%$360,9933.3K
76BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.18%$348,297717
77AVGOBROADCOM INCCOM0.17%$335,4661.2K
78UECURANIUM ENERGY CORPCOM0.16%$323,07547.5K
79GLDMWORLD GOLD TRSPDR GLD MINIS0.16%$322,8834.9K
80SLMSLM CORPCOM0.15%$302,1339.2K
81MMM3M COCOM0.15%$300,9782.0K
82FISVFISERV INCCOM0.15%$299,6491.7K
83HONHONEYWELL INTL INCCOM0.15%$295,9511.3K
84AJGGALLAGHER ARTHUR J & COCOM0.15%$292,833915
85NOWSERVICENOW INCCOM0.15%$286,834279
86LDOSLEIDOS HOLDINGS INCCOM0.14%$274,5021.7K
87GILDGILEAD SCIENCES INCCOM0.14%$270,8642.4K
88OWLBLUE OWL CAPITAL INCCOM CL A0.13%$252,69813.2K
89FLMXFRANKLIN TEMPLETON ETF TRFTSE MEXICO0.13%$250,8908.4K
90QQQEDIREXION SHS ETF TRNAS100 EQL WGT0.12%$242,5422.5K
91ALSNALLISON TRANSMISSION HLDGS ICOM0.12%$237,4752.5K
92DFCADIMENSIONAL ETF TRUSTCALIF MUN BD ETF0.12%$232,1114.7K
93NVONOVO-NORDISK A SADR0.12%$231,4933.4K
94CVXCHEVRON CORP NEWCOM0.12%$230,5811.6K
95FNFFIDELITY NATIONAL FINANCIALCOM SHS0.12%$229,0064.1K
96ETENERGY TRANSFER L PCOM UT LTD PTN0.12%$229,00212.6K
97ISRGINTUITIVE SURGICAL INCCOM NEW0.11%$219,538404
98ABTABBOTT LABSCOM0.11%$219,2601.6K
99FRTFEDERAL RLTY INVT TR NEWSH BEN INT NEW0.11%$217,8792.3K
100GEVGE VERNOVA INCCOM0.11%$214,060405

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$236M174May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$227M165Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$221M151Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$197M150Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$173M139Apr 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$177M133Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$172M137Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$160M133Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$147M130May 3, 202413F-HRchanges · EDGAR ↗
Q4 2023$132M118Jan 18, 202413F-HRchanges · EDGAR ↗
Q3 2023$118M112Oct 31, 202313F-HRchanges · EDGAR ↗
Q2 2023$117M115Aug 8, 202313F-HRchanges · EDGAR ↗
Q1 2023$101M101May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$101M121Jan 19, 202313F-HRchanges · EDGAR ↗
Q3 2022$99M117Oct 19, 202213F-HRchanges · EDGAR ↗
Q2 2022$101M120Jul 18, 202213F-HRchanges · EDGAR ↗
Q1 2022$128M131May 6, 202213F-HRchanges · EDGAR ↗
Q4 2021$134M140Jan 26, 202213F-HRchanges · EDGAR ↗
Q3 2021$124M145Nov 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$105M137May 28, 202113F-HRchanges · EDGAR ↗
Q4 2020$90M123Feb 3, 202113F-HRchanges · 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 ↗.