SEC 13F Intelligence

Managers / Q2 2024 · view latest →

Keystone Financial Services

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

Reported Value
$241M
Q2 2024
Positions
200
Filings on Record
18
2019–present window
Filed
Jul 23, 2024
original filing

Summary

Keystone Financial Services reported $241M in U.S.-listed holdings across 200 positions for Q2 2024.

Its largest position, Ishares Tr, represents 10.6% of the portfolio.

Compared with Q4 2023, the fund opened 15 new positions and exited 10.

Portfolio Metrics

Turnover
+21.7%
vs prior filed quarter
Top-10 Concentration
+53.9%
share of reported value
Largest Position
+10.6%
Ishares Tr
New / Exited
15 / 10
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
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: 85.8%Common Stock: 13.0%ADR: 0.6%Other: 0.5%REIT: 0.1%
  • ETP · 85.8% · $207M
  • Common Stock · 13.0% · $31M
  • ADR · 0.6% · $2M
  • Other · 0.5% · $1M
  • REIT · 0.1% · $150,504

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline) · note: prior filed quarter, not the immediately preceding one

IssuerMoveShare ΔShares nowValue ΔValue now
BLACKROCK ETF TRUSTNEW+346.2K346.2K+$16M$16M
ISHARES TRNEW+53.0K53.0K+$10M$10M
ISHARES TRNEW+77.1K77.1K+$3M$3M
BLACKROCK ETF TRUST IINEW+38.0K38.0K+$2M$2M
ISHARES TRNEW+12.2K12.2K+$541,724$541,724
MEDTRONIC PLCNEW+5.6K5.6K+$444,240$444,240
ZBRAZEBRA TECHNOLOGIES CORPORATINEW+1.2K1.2K+$356,506$356,506
AMZNAMAZON COM INCNEW+1.3K1.3K+$250,839$250,839

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

Holdings — Q2 2024

16 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P500 ETF · CORE TOTAL USD · S&P 500 GRWT ETF · MSCI USA QLT FCT · EAFE GRWTH ETF · S&P 500 VAL ETF · U.S. TECH ETF · MBS ETF · EAFE VALUE ETF · 20 YR TR BD ETF · HDG MSCI EAFE · US INFRASTRUC · MSCI KLD400 SOC · ESG MSCI USA ETF69.66%$168M1.59M
2LCTUUSDBLACKROCK ETF TRUSTUS EQT FACTOR · US CARBON TRANS7.18%$17M364.3K
3ISHARES INCCORE MSCI EMKT · MSCI EMRG CHN4.59%$11M197.4K
4BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.17%$3M6.9K
5BLACKROCK ETF TRUST IIFLEXIBLE INCOME0.82%$2M38.0K
6METAMETA PLATFORMS INCCL A0.79%$2M3.8K
7GOOGALPHABET INCCAP STK CL C0.76%$2M10.0K
8ORCLORACLE CORPCOM0.57%$1M9.8K
9JPMJPMORGAN CHASE & COCOM0.52%$1M6.1K
10MSFTMICROSOFT CORPCOM0.40%$973,3172.2K
114I1PHILIP MORRIS INTL INCCOM0.36%$860,2128.5K
12SCHWSCHWAB CHARLES CORPCOM0.36%$859,55411.7K
13BKNGBOOKING HOLDINGS INCCOM0.35%$843,891213
14AAPLAPPLE INCCOM0.34%$813,0843.9K
15ADIANALOG DEVICES INCCOM0.28%$685,2913.0K
16VVISA INCCOM CL A0.28%$664,3802.5K

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 ↗.