SEC 13F Intelligence

Managers / Q4 2024 · view latest →

Keystone Financial Services

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

Reported Value
$261M
Q4 2024
Positions
223
Filings on Record
18
2019–present window
Filed
Jan 31, 2025
original filing

Summary

Keystone Financial Services reported $261M in U.S.-listed holdings across 223 positions for Q4 2024.

Its largest position, Ishares Tr, represents 10.5% of the portfolio.

Compared with Q3 2024, the fund opened 12 new positions and exited 7.

Portfolio Metrics

Turnover
+3.0%
vs prior filed quarter
Top-10 Concentration
+52.2%
share of reported value
Largest Position
+10.5%
Ishares Tr
New / Exited
12 / 7
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: 83.7%Common Stock: 14.7%ADR: 0.7%Other: 0.6%REIT: 0.2%
  • ETP · 83.7% · $219M
  • Common Stock · 14.7% · $39M
  • ADR · 0.7% · $2M
  • Other · 0.6% · $2M
  • REIT · 0.2% · $546,767

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DFACDIMENSIONAL ETF TRUSTNEW+28.6K28.6K+$987,660$987,660
VANGUARD INDEX FDSNEW+934934+$503,424$503,424
DFAXDIMENSIONAL ETF TRUSTNEW+19.0K19.0K+$473,361$473,361
ISHARES TRNEW+1.5K1.5K+$313,981$313,981
ANETARISTA NETWORKS INCNEW+2.3K2.3K+$258,066$258,066
DFCFDIMENSIONAL ETF TRUSTNEW+5.9K5.9K+$244,071$244,071
RTORENTOKIL INITIAL PLCNEW+9.3K9.3K+$236,363$236,363
BUWABIO RAD LABS INCNEW+719719+$236,198$236,198

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

Holdings — Q4 2024

20 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 VALUE ETF · EAFE GRWTH ETF · S&P 500 VAL ETF · U.S. TECH ETF · MBS ETF · 20 YR TR BD ETF · US INFRASTRUC · ESG MSCI USA ETF67.31%$176M1.73M
2LCTUUSDBLACKROCK ETF TRUSTISHARES US EQUIT · US CARBON TRANS7.18%$19M361.9K
3ISHARES INCMSCI EMRG CHN · CORE MSCI EMKT4.01%$10M192.6K
4BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.28%$3M7.4K
5BLACKROCK ETF TRUST IIISHARES FLEXIBLE1.10%$3M55.2K
6GOOGALPHABET INCCAP STK CL C0.77%$2M10.5K
7ORCLORACLE CORPCOM0.70%$2M10.9K
8JPMJPMORGAN CHASE & CO.COM0.61%$2M6.7K
9METAMETA PLATFORMS INCCL A0.60%$2M2.7K
104I1PHILIP MORRIS INTL INCCOM0.45%$1M9.7K
11BKNGBOOKING HOLDINGS INCCOM0.44%$1M232
12MSFTMICROSOFT CORPCOM0.41%$1M2.5K
13SCHWSCHWAB CHARLES CORPCOM0.38%$988,05413.3K
14DFACDIMENSIONAL ETF TRUSTUS CORE EQUITY 20.38%$987,66028.6K
15AAPLAPPLE INCCOM0.37%$976,7463.9K
16VVISA INCCOM CL A0.35%$904,6562.9K
17WFCWELLS FARGO CO NEWCOM0.34%$887,23512.6K
18ADIANALOG DEVICES INCCOM0.27%$711,3073.3K
19CMCSACOMCAST CORP NEWCL A0.26%$689,26618.4K
20KMXCARMAX INCCOM0.26%$676,4668.3K

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 ↗.