SEC 13F Intelligence

Managers / Q3 2023

KB FINANCIAL PARTNERS, LLC

CIK 0001864910 · 300 CARNEGIE CENTER, SUITE 240, PRINCETON, NJ, 08540 · (609) 681-2971

Reported Value
$350M
Q3 2023
Positions
581
Filings on Record
11
2021–present window
Filed
Nov 15, 2023
original filing

Summary

Kb Financial Partners, LLC reported $350M in U.S.-listed holdings across 581 positions for Q3 2023.

Its largest position, GSLC, represents 17.3% of the portfolio.

Compared with Q2 2023, the fund opened 18 new positions and exited 36.

Portfolio Metrics

Turnover
+1.4%
vs prior filed quarter
Top-10 Concentration
+65.0%
share of reported value
Largest Position
+17.3%
Goldman Activebeta US Large Cap Etf
New / Exited
18 / 36
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
Q2 ’21: $265MQ2 ’21Q3 ’21: $273MQ4 ’21: $348MQ4 ’21Q1 ’22: $362MQ2 ’22: $289MQ2 ’22Q3 ’22: $280MQ4 ’22: $293MQ4 ’22Q1 ’23: $340MQ2 ’23: $364MQ2 ’23Q3 ’23: $350Mfilingsflow.com

Portfolio Composition

By security type
ETP: 68.3%Common Stock: 30.4%ADR: 0.7%Other: 0.6%Equity WRT: 0.0%Closed-End Fund: 0.0%
  • ETP · 68.3% · $239M
  • Common Stock · 30.4% · $106M
  • ADR · 0.7% · $3M
  • Other · 0.6% · $2M
  • Equity WRT · 0.0% · $53,000
  • Closed-End Fund · 0.0% · $33,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SNOWSNOWFLAKE INC CL ANEW+385385+$59,000$59,000
EWZISHARES MSCI BRAZIL ETFNEW+1.0K1.0K+$31,000$31,000
EFXEQUIFAX INC COMNEW+139139+$25,000$25,000
KKRKKR & CO INC COMNEW+407407+$25,000$25,000
NETCLOUDFLARE INC CL A COMNEW+315315+$20,000$20,000
MBLYMOBILEYE GLOBAL INC COMMON CLASS ANEW+434434+$18,000$18,000
MGMMGM RESORTS INTERNATIONAL COMNEW+458458+$17,000$17,000
JJACOBS SOLUTIONS INC COMNEW+115115+$16,000$16,000

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

Holdings — Q3 2023

499 positions (from 500 filing rows — )
#IssuerClass% PortfolioValueShares
1GSLCGoldman ActiveBeta US Large Cap ETFhistory →COM17.31%$61M718.6K
2IVViShares Core S&P 500 ETFhistory →COM9.41%$33M76.6K
3MBBiShares MBS ETFhistory →COM9.35%$33M368.0K
4DGRWWisdomTree US Quality Div Gr ETFhistory →COM8.41%$29M457.4K
5GSIEGoldman ActiveBeta Int'l ETFhistory →COM7.08%$25M823.9K
6JPSTJP Morgan Ultra-Short Income ETFhistory →COM5.44%$19M379.2K
7IAUiShares Gold Trust ETFhistory →COM4.76%$17M475.8K
8PULSPGIM Ultra-Short Bond ETFhistory →COM1.19%$4M84.1K
9VIGVanguard Div Appreciation ETFhistory →COM1.13%$4M25.4K
10IEFAiShares Core MSCI EAFE ETFCOM0.96%$3M52.3K
11CPCANADIAN PACIFIC KANSAS CITY COMCOM0.96%$3M45.2K
12VVISA INC COM CL ACOM0.85%$3M12.9K
13NBRNABORS INDUSTRIES LTD SHSCOM0.79%$3M22.3K
14MSFTMICROSOFT CORP COMCOM0.78%$3M8.6K
15EWJISHARES MSCI JAPAN ETFCOM0.70%$2M57.2K
16METAMETA PLATFORMS INC CL ACOM0.68%$2M7.9K
17STLASTELLANTIS N.V SHSCOM0.67%$2M121.8K
18CNICANADIAN NATL RY CO COMCOM0.64%$2M20.5K
19GOOGALPHABET INC CAP STK CL CCOM0.58%$2M15.5K
20AMZNAMAZON COM INC COMCOM0.53%$2M14.4K
21IBKRINTERACTIVE BROKERS GROUP INC COM CL ACOM0.51%$2M20.4K
22EFVISHARES MSCI EAFE VALUE ETFCOM0.48%$2M34.5K
23ACGLARCH CAP GROUP LTD ORDCOM0.45%$2M19.5K
24UPWKUPWORK INC COMCOM0.43%$2M133.8K
25MAMASTERCARD INCORPORATED CL ACOM0.38%$1M3.3K
26SEMRUSH HLDGS INC CL A COMCOM0.38%$1M154.9K
27DESPEGAR COM CORP ORD SHSCOM0.37%$1M180.9K
28ROSTROSS STORES INC COMCOM0.37%$1M11.3K
29EMEEMCOR GROUP INC COMCOM0.36%$1M6.0K
30MCOMOODYS CORP COMCOM0.35%$1M3.9K
31SPGIS&P GLOBAL INC COMCOM0.34%$1M3.2K
32UBERUBER TECHNOLOGIES INC COMCOM0.32%$1M24.5K
33SSDSIMPSON MFG INC COMCOM0.32%$1M7.5K
34SPIRIT AIRLS INC COMCOM0.31%$1M65.6K
35FCNFTI CONSULTING INC COMCOM0.31%$1M6.0K
36PRFInvesco FTSE RAFI US 1000 ETFCOM0.30%$1M33.0K
37NVONOVO-NORDISK A S ADRCOM0.29%$1M11.2K
38GFFGRIFFON CORP COMCOM0.29%$1M25.3K
39EXTREXTREME NETWORKS COMCOM0.28%$984,00040.6K
40PRIPRIMERICA INC COMCOM0.28%$976,0005.0K
41AZOAUTOZONE INC COMCOM0.28%$973,000383
42IWDiShares Russell 1000 Value ETFCOM0.26%$907,0006.0K
43LPLALPL FINL HLDGS INC COMCOM0.26%$902,0003.8K
44GOLFACUSHNET HLDGS CORP COMCOM0.25%$872,00016.4K
45PGRPROGRESSIVE CORP COMCOM0.24%$843,0006.1K
46RPGInvesco S&P 500 Pure Growth ETFCOM0.24%$837,00027.8K
47CMICUMMINS INC COMCOM0.23%$819,0003.6K
48GENERAL ELECTRIC CO COM NEWCOM0.23%$791,0007.2K
49MANHMANHATTAN ASSOCIATES INC COMCOM0.23%$788,0004.0K
50ULCCFRONTIER GROUP HLDGS INC COMCOM0.23%$787,000162.6K
51TJXTJX COS INC NEW COMCOM0.22%$782,0008.8K
52JUSTGoldman JUST US large Cap ETFCOM0.22%$777,00012.8K
53MRKMERCK & CO INC COMCOM0.21%$736,0007.2K
54LSTRLANDSTAR SYS INC COMCOM0.21%$730,0004.1K
55SLBSCHLUMBERGER LTD COM STKCOM0.21%$721,00012.4K
56ASMLASML HOLDING N V N Y REGISTRY SHSCOM0.21%$721,0001.2K
57AONAON PLC SHS CL ACOM0.20%$702,0002.2K
58TAPMOLSON COORS BEVERAGE CO CL BCOM0.20%$699,00011.0K
59RACEFERRARI N V COMCOM0.20%$694,0002.3K
60TEAMATLASSIAN CORPORATION CL ACOM0.20%$693,0003.4K
61FCNCAFIRST CTZNS BANCSHARES INC N C CL ACOM0.19%$678,000491
62WTSWATTS WATER TECHNOLOGIES INC CL ACOM0.19%$678,0003.9K
63RBCRBC BEARINGS INC COMCOM0.19%$675,0002.9K
64TDWTIDEWATER INC NEW COMCOM0.19%$668,0009.4K
65CLVTCLARIVATE PLC ORD SHSCOM0.19%$667,00099.3K
66CRVLCORVEL CORP COMCOM0.19%$659,0003.4K
67BBWBUILD-A-BEAR WORKSHOP INC COMCOM0.18%$638,00021.7K
68GSGOLDMAN SACHS GROUP INC COMCOM0.18%$636,0002.0K
69CVECENOVUS ENERGY INC COMCOM0.18%$634,00030.5K
70SPYSPDR S&P 500 ETFCOM0.18%$633,0001.5K
71ICLRICON PLC SHSCOM0.18%$630,0002.6K
72DPZDOMINOS PIZZA INC COMCOM0.18%$624,0001.6K
73AAPLAPPLE INC COMCOM0.18%$616,0003.6K
74USFDUS FOODS HLDG CORP COMCOM0.17%$609,00015.3K
75TDYTELEDYNE TECHNOLOGIES INC COMCOM0.17%$604,0001.5K
76ORLYOREILLY AUTOMOTIVE INC COMCOM0.17%$596,000656
77VITAL ENERGY INC COMCOM0.17%$582,00010.5K
78HERITAGE CRYSTAL CLEAN INC COMCOM0.17%$582,00012.8K
79NOANORTH AMERN CONSTR GROUP LTD COMCOM0.17%$580,00026.7K
80TTCTORO CO COMCOM0.16%$575,0006.9K
81GGGGRACO INC COMCOM0.16%$561,0007.7K
82HILLENBRAND INC COMCOM0.16%$551,00013.0K
83CSCOCISCO SYS INC COMCOM0.16%$543,00010.1K
84FDSFACTSET RESH SYS INC COMCOM0.15%$527,0001.2K
85STESTERIS PLC SHS USDCOM0.15%$526,0002.4K
86FHBFIRST HAWAIIAN INC COMCOM0.15%$520,00028.8K
87AZNNASTRAZENECA PLC SPONSORED ADRCOM0.15%$520,0007.7K
88AMGAFFILIATED MANAGERS GROUP INC COMCOM0.15%$518,0004.0K
89LINLINDE PLC SHSCOM0.15%$512,0001.4K
90STERICYCLE INC COMCOM0.15%$508,00011.4K
91IBNICICI BANK LIMITED ADRCOM0.14%$505,00021.9K
92ASPEN TECHNOLOGY INC COMCOM0.14%$505,0002.5K
93BXCBLUELINX HLDGS INC COM NEWCOM0.14%$495,0006.0K
94RLIRLI CORP COMCOM0.14%$490,0003.6K
95CMCSACOMCAST CORP NEW CL ACOM0.14%$485,00010.9K
96POSTPOST HLDGS INC COMCOM0.14%$483,0005.6K
97MCMOELIS & CO CL ACOM0.14%$483,00010.7K
98MTDMETTLER TOLEDO INTERNATIONAL COMCOM0.14%$473,000427
99GPNGLOBAL PMTS INC COMCOM0.13%$470,0004.1K
100STRASTRATEGIC ED INC COMCOM0.13%$465,0006.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$350M581Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$364M599Aug 15, 202313F-HRchanges · EDGAR ↗
Q1 2023$340M589May 17, 202313F-HRchanges · EDGAR ↗
Q4 2022$293M587Feb 21, 202313F-HRchanges · EDGAR ↗
Q3 2022$280M585Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$289M582Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$362M603May 17, 202213F-HRchanges · EDGAR ↗
Q4 2021$348M677Feb 18, 202213F-HRchanges · EDGAR ↗
Q3 2021$273M161Nov 16, 202113F-HRchanges · EDGAR ↗
Q2 2021$265M611Aug 17, 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 ↗.