SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Keystone Financial Services

CIK 0001865158 · 4090 CLYDESDALE PARKWAY, SUITE 201, LOVELAND, CO, 80538 · 970-744-5408

Reported Value
$195M
Q4 2021
Positions
192
Filings on Record
18
2019–present window
Filed
Feb 1, 2022
original filing

Summary

Keystone Financial Services reported $195M in U.S.-listed holdings across 192 positions for Q4 2021.

Its largest position, Ishares Tr, represents 10.9% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+53.0%
share of reported value
Largest Position
+10.9%
Ishares Tr

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
Q4 ’21: $195MQ4 ’21Q1 ’22: $174MQ2 ’22: $184MQ3 ’22: $172MQ3 ’22Q4 ’22: $186MQ1 ’23: $187MQ2 ’23: $196MQ2 ’23Q3 ’23: $189MQ4 ’23: $212MQ2 ’24: $241MQ2 ’24Q3 ’24: $258MQ4 ’24: $261MQ1 ’25: $262MQ1 ’25Q2 ’25: $294MQ3 ’25: $323MQ4 ’25: $331MQ4 ’25Q1 ’26: $341Mfilingsflow.com

Portfolio Composition

By security type
ETP: 86.7%Common Stock: 11.7%Other: 0.9%ADR: 0.5%MLP: 0.3%
  • ETP · 86.7% · $169M
  • Common Stock · 11.7% · $23M
  • Other · 0.9% · $2M
  • ADR · 0.5% · $931,000
  • MLP · 0.3% · $517,000

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+301.1K301.1K+$32M$32M
ISHARES TRNEW+65.3K65.3K+$31M$31M
ISHARES TRNEW+284.4K284.4K+$14M$14M
ISHARES TRNEW+125.8K125.8K+$14M$14M
ISHARES TRNEW+209.6K209.6K+$11M$11M
ISHARES TRNEW+358.8K358.8K+$10M$10M
ISHARES TRNEW+58.7K58.7K+$6M$6M
ISHARES TRNEW+55.8K55.8K+$6M$6M

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

Holdings — Q4 2021

11 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TLHISHARES TRESG AWR MSCI USA · CORE S&P500 ETF · EAFE VALUE ETF · EAFE GRWTH ETF · CORE TOTAL USD · US TREAS BD ETF · MSCI USA VALUE · CORE S&P SCP ETF · GLOBAL TECH ETF · GLOBAL FINLS ETF · TIPS BD ETF · U.S. ENERGY ETF · FALN ANGLS USD · MSCI USA MIN VOL · ISHS 1-5YR INVS · 20 YR TR BD ETF · ESG MSCI USA ETF · MBS ETF · 10-20 YR TRS ETF77.94%$152M1.94M
2ESGEISHARES INChistory →ESG AWR MSCI EM2.84%$6M139.4K
3ISHARES U S ETF TRGSCI CMDTY STGY1.23%$2M77.6K
4BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.21%$2M7.9K
5GOOGALPHABET INCCAP STK CL C0.95%$2M640
6VANGUARD INDEX FDSTOTAL STK MKT0.76%$1M6.1K
7METAMETA PLATFORMS INCCL A0.67%$1M3.9K
8AAPLAPPLE INCCOM0.51%$994,0005.6K
9LIGHTNING EMOTORS INCCOM0.42%$818,000136.2K
10JPMJPMORGAN CHASE & COCOM0.37%$727,0004.6K
11ORCLORACLE CORPCOM0.34%$653,0007.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$341M259May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$331M261Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$323M271Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$294M249Aug 7, 202513F-HRchanges · EDGAR ↗
Q1 2025$262M216Apr 23, 202513F-HRchanges · EDGAR ↗
Q4 2024$261M223Jan 31, 202513F-HRchanges · EDGAR ↗
Q3 2024$258M216Nov 5, 202413F-HRchanges · EDGAR ↗
Q2 2024$241M200Jul 23, 202413F-HRchanges · EDGAR ↗
Q4 2023$212M190Jan 29, 202413F-HRchanges · EDGAR ↗
Q3 2023$189M171Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$196M173Aug 2, 202313F-HRchanges · EDGAR ↗
Q1 2023$187M183Apr 28, 202313F-HRchanges · EDGAR ↗
Q4 2022$186M185Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$172M183Oct 28, 202213F-HRchanges · EDGAR ↗
Q2 2022$184M186Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$174M164May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$195M192Feb 1, 202213F-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 ↗.