Kaizen Financial Strategies
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), Kaizen Financial Strategies reported 122 stock positions worth $146.9 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 8.6% of the portfolio, followed by Schwab US Large-Cap Growth (SCHG, 7.8%) and Apple (AAPL, 7.8%). Compared with Q4 2023, it opened 18 new positions, sold out of 10, added to 57 and reduced 32. The biggest buy was Schwab 5-10 Year Corporate B (SCHI, shares +55%) and the biggest sale Schwab Intermediate-Term US (SCHR, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- CAMPBELL, CA
- CIK
- 0001842013
- Portfolio Value
- $146.9M (Q1 2024)
- SEC Filing
- 0001085146-24-002193 ↗ filed May 3, 2024
Holdings Value
Holdings 122 stocks · $146.9M
| SPY SS SPDR S&P 500 ETF Trust-US | 8.60% | 24,155 | $12.6M | Add +6.0% |
| SCHG Schwab US Large-Cap Growth | 7.80% | 123,636 | $11.5M | Add +8.1% |
| AAPL Apple Inc. | 7.78% | 66,614 | $11.4M | Add +0.5% |
| VIG Vanguard Dividend Apprec ETF | 5.41% | 43,513 | $7.9M | Reduce -1.8% |
| SCHZ Schwab US Aggregate Bond ETF | 4.88% | 155,720 | $7.2M | Add +9.7% |
| NVDA Nvidia Corp. | 3.67% | 5,965 | $5.4M | Reduce -5.8% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 3.03% | 11,194 | $4.5M | Add +36.8% |
| SCHI Schwab 5-10 Year Corporate B | 2.96% | 97,750 | $4.3M | Add +55.3% |
| BX Blackstone Inc. | 2.83% | 31,608 | $4.2M | Add +6.5% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 2.80% | 115,505 | $4.1M | Add +5.8% |
| SCHQ Schwab Long-Term US Treasury | 2.41% | 104,859 | $3.5M | Add +11.6% |
| MSFT Microsoft Corp. | 2.16% | 7,546 | $3.2M | Reduce -3.3% |
| AMZN Amazon.com Inc. | 2.09% | 17,055 | $3.1M | Add +1.7% |
| GOOG Alphabet Inc. Class C | 1.97% | 18,999 | $2.9M | Reduce -12.8% |
| TSLA Tesla Inc. | 1.88% | 15,747 | $2.8M | Add +6.0% |
| GOOGL Alphabet Inc. Class A | 1.66% | 16,115 | $2.4M | Add +6.8% |
| SMH Vaneck Semiconductor ETF | 1.56% | 10,186 | $2.3M | Reduce -16.9% |
| CRM Salesforce Inc. | 1.38% | 6,722 | $2.0M | Reduce -0.1% |
| QQQ Invesco QQQ Trust Series 1 | 1.37% | 4,530 | $2.0M | Add +1.3% |
| SCHR Schwab Intermediate-Term US | 1.10% | 32,930 | $1.6M | Reduce -43.3% |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.98% | 25,302 | $1.4M | Add +2.6% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 0.97% | 21,437 | $1.4M | Add +6.3% |
| XLK SS Technology Select Sector | 0.88% | 6,196 | $1.3M | Reduce -4.1% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 0.83% | 44,133 | $1.2M | Add +2.3% |
| AMD Advanced Micro Devices | 0.76% | 6,186 | $1.1M | Add +3.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.69% | 3,881 | $1.0M | Reduce -4.2% |
| PDI PIMCO Dynamic Income Fund | 0.66% | 50,202 | $968K | Add +3.4% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.64% | 8,647 | $942K | Reduce -0.2% |
| VOO Vanguard S&P 500 ETF | 0.63% | 1,929 | $927K | No change |
| XYLD Global X S&P 500 Cove Call E | 0.62% | 22,258 | $908K | Add +39.0% |
| BLOK Amplify Blockchain Tech ETF | 0.60% | 24,330 | $887K | No change |
| ADBE Adobe Inc. | 0.60% | 1,740 | $878K | Add +19.9% |
| KLAC KLA Corp. | 0.55% | 1,155 | $807K | No change |
| QYLD Global X Nasd 100 Cov Call | 0.54% | 44,665 | $800K | Add +38.7% |
| META Meta Platforms Inc. Class A | 0.52% | 1,573 | $764K | Reduce -1.6% |
| AMAT Applied Materials Inc. | 0.51% | 3,611 | $745K | Reduce -3.3% |
| V Visa Inc. Class A | 0.49% | 2,574 | $718K | Reduce -10.5% |
| NMI Nuveen Municipal Income | 0.48% | 75,395 | $712K | Reduce -23.3% |
| KIE SS SPDR S&P Insurance ETF | 0.48% | 13,580 | $707K | Add +6.3% |
| STAG Stag Industrial Inc. | 0.48% | 18,276 | $703K | Add +1.0% |
| CAT Caterpillar Inc. | 0.45% | 1,823 | $668K | Reduce -36.0% |
| SCHK Schwab 1000 Index ETF | 0.43% | 12,605 | $639K | Add +20.4% |
| XHB SS SPDR S&P Homebldrs ETF | 0.42% | 5,512 | $615K | Add +3.8% |
| ABBV Abbvie Inc. | 0.42% | 3,356 | $611K | Add +12.0% |
| BBY Best Buy Co. Inc. | 0.41% | 7,360 | $604K | Reduce -5.8% |
| RSPT Invesco S&P 500 Equal Weight | 0.40% | 16,600 | $584K | No change |
| XLC SS Comm Select Sector SPDR | 0.39% | 7,042 | $575K | Add +0.0% |
| IUSG iShares Core S&P U.S. Growth | 0.39% | 4,825 | $566K | New |
| OKE Oneok Inc. | 0.36% | 6,636 | $532K | Add +4.3% |
| XLV SS Health Care Select Sector | 0.36% | 3,600 | $532K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.36% | 12,680 | $530K | Add +3.0% |
| LEN Lennar Corp. Class A | 0.35% | 3,028 | $521K | Add +2.3% |
| TMO Thermo Fisher Scientific Inc. | 0.34% | 870 | $506K | No change |
| XLRE SS Real Estate Select Sector | 0.34% | 12,673 | $501K | Add +118.1% |
| COST Costco Wholesale Corp. | 0.33% | 670 | $491K | Add +107.4% |
| WSM Williams-Sonoma Inc. | 0.33% | 1,545 | $491K | New |
| HLAL Wahed Ftse USA Shariah ETF | 0.33% | 10,103 | $489K | Add +55.3% |
| QCOM Qualcomm Inc. | 0.32% | 2,783 | $471K | Reduce -0.6% |
| CIBR First Trust Nasdaq Cybersecu | 0.32% | 8,334 | $470K | Add +0.4% |
| NOW ServiceNow Inc. | 0.32% | 610 | $465K | Reduce -1.0% |
| NFLX Netflix Inc. | 0.30% | 732 | $445K | Add +1.2% |
| JPM JPMorgan Chase & Co. | 0.30% | 2,196 | $440K | Add +2.5% |
| DELL Dell Technologies -C | 0.30% | 3,800 | $434K | No change |
| GLD SPDR Gold Shares | 0.30% | 2,107 | $433K | Add +25.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.29% | 1,842 | $421K | Reduce -4.9% |
| IVV iShares Core S&P 500 ETF | 0.28% | 786 | $413K | Reduce -21.2% |
| PGR Progressive Corp. | 0.28% | 1,975 | $408K | No change |
| REX Rex American Resources Corp. | 0.28% | 6,900 | $405K | No change |
| LRCX Lam Research Corp. | 0.27% | 406 | $394K | Add +0.3% |
| HESM Hess Midstream LP Class A | 0.27% | 10,904 | $394K | Add +27.9% |
| SPG Simon Property Group Inc. | 0.26% | 2,452 | $384K | Add +1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 2,000 | $382K | No change |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.25% | 1,384 | $361K | New |
| IMCG iShares Morningstar Mid-Cap | 0.24% | 5,063 | $358K | Add +19.0% |
| XLF SS Financial Select Sector | 0.24% | 8,477 | $357K | No change |
| WPC WP Carey Inc. | 0.24% | 6,174 | $348K | Reduce -17.6% |
| AMGN Amgen Inc. | 0.24% | 1,225 | $348K | Add +5.2% |
| SCHW Schwab (charles) Corp. | 0.23% | 4,741 | $343K | Reduce -1.7% |
| SCHA Schwab US Small-Cap ETF | 0.23% | 6,744 | $332K | Add +0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 787 | $331K | Reduce -1.1% |
| FISV Fiserv Inc. | 0.22% | 2,016 | $322K | Reduce -5.4% |
| MELI MercadoLibre Inc. | 0.22% | 213 | $322K | No change |
| SCHM Schwab US Mid Cap ETF | 0.21% | 3,833 | $312K | Add +0.3% |
| IOT Samsara Inc. Class A | 0.21% | 8,116 | $307K | New |
| OIH Vaneck Oil Services ETF | 0.21% | 910 | $306K | Reduce -5.2% |
| DVN Devon Energy Corp. | 0.21% | 6,045 | $303K | Add +0.8% |
| CVS CVS Health Corp. | 0.21% | 3,779 | $301K | Add +6.3% |
| XSW SS SPDR S&P Soft & Serv ETF | 0.19% | 1,807 | $282K | Reduce -5.2% |
| ALSN Allison Transmission Holding | 0.19% | 3,450 | $280K | New |
| XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP | 0.19% | 9,144 | $275K | Add +10.3% |
| LMT Lockheed Martin Corp. | 0.19% | 601 | $273K | Reduce -15.0% |
| FTRE Fortrea Holdings Inc. | 0.19% | 6,800 | $273K | New |
| UNH Unitedhealth Group Inc. | 0.18% | 549 | $271K | Reduce -9.4% |
| XBI SS SPDR S&P Biotech ETF | 0.18% | 2,860 | $271K | New |
| PYPL PayPal Holdings Inc. | 0.18% | 4,000 | $268K | New |
| IWM iShares Russell 2000 ETF | 0.18% | 1,272 | $268K | Add +0.1% |
| KTOS Kratos Defense & Security | 0.18% | 14,400 | $265K | Add +44.0% |
| HACK Amplify Cybersecurity ETF | 0.18% | 4,128 | $265K | New |
| ORCL Oracle Corp. | 0.18% | 2,082 | $261K | Reduce -0.6% |
| VTIP Vanguard Short-Term Tips | 0.18% | 5,450 | $261K | No change |
Options reported separately and not counted above: CRWD calls ($242K), Z calls ($47K), SPY puts ($26K), QQQ puts ($20K), DBX calls ($4K), IWM puts ($3K), CAT puts ($2K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $208K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 174 | $208K | Add +1.8% |
Total filed on the 13F, all lines: $147.1M.
Portfolio Sells Q4 2023 → Q1 2024
| SCHR Schwab Intermediate-Term US | Reduce -43.3% | 1.10% | −1.10 |
| BA The Boeing Co. | Sold out | 0.00% | −0.40 |
| GOOG Alphabet Inc. Class C | Reduce -12.8% | 1.97% | −0.37 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.8% | 5.41% | −0.34 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.27 |
| SNA Snap-on Inc. | Sold out | 0.00% | −0.22 |
| NMI Nuveen Municipal Income | Reduce -23.3% | 0.48% | −0.20 |
| CAT Caterpillar Inc. | Reduce -36.0% | 0.45% | −0.19 |
| IPAR Interparfums Inc. | Sold out | 0.00% | −0.18 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.17 |
| BC Brunswick Corp. | Sold out | 0.00% | −0.17 |
| RISR Foliobe Altr In&in H ETF-Usd | Sold out | 0.00% | −0.17 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.17 |
| FLG New York Community Bancorp | Sold out | 0.00% | −0.13 |
| WPC WP Carey Inc. | Reduce -17.6% | 0.24% | −0.13 |
| XITK SS SPDR F Inno Tech ETF | Reduce -41.5% | 0.14% | −0.12 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -0.2% | 0.64% | −0.09 |
| IVV iShares Core S&P 500 ETF | Reduce -21.2% | 0.28% | −0.08 |
| V Visa Inc. Class A | Reduce -10.5% | 0.49% | −0.08 |
| MSFT Microsoft Corp. | Reduce -3.3% | 2.16% | −0.07 |
| SMH Vaneck Semiconductor ETF | Reduce -16.9% | 1.56% | −0.07 |
| XLK SS Technology Select Sector | Reduce -4.1% | 0.88% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -9.4% | 0.18% | −0.06 |
| LMT Lockheed Martin Corp. | Reduce -15.0% | 0.19% | −0.06 |
| BBY Best Buy Co. Inc. | Reduce -5.8% | 0.41% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -4.2% | 0.69% | −0.04 |
| LUNR Intuitive Machines Inc. | Sold out | 0.00% | −0.04 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -18.7% | 0.14% | −0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -4.9% | 0.29% | −0.03 |
| XSW SS SPDR S&P Soft & Serv ETF | Reduce -5.2% | 0.19% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -1.7% | 0.23% | −0.02 |
| OIH Vaneck Oil Services ETF | Reduce -5.2% | 0.21% | −0.02 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Reduce -3.3% | 0.16% | −0.02 |
| NOW ServiceNow Inc. | Reduce -1.0% | 0.32% | −0.01 |
| FISV Fiserv Inc. | Reduce -5.4% | 0.22% | +0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.1% | 0.23% | +0.01 |
| ORCL Oracle Corp. | Reduce -0.6% | 0.18% | +0.01 |
| QCOM Qualcomm Inc. | Reduce -0.6% | 0.32% | +0.01 |
| CRM Salesforce Inc. | Reduce -0.1% | 1.38% | +0.03 |
| AMAT Applied Materials Inc. | Reduce -3.3% | 0.51% | +0.05 |
| META Meta Platforms Inc. Class A | Reduce -1.6% | 0.52% | +0.09 |
| NVDA Nvidia Corp. | Reduce -5.8% | 3.67% | +1.28 |
Portfolio Buys Q4 2023 → Q1 2024
| SCHI Schwab 5-10 Year Corporate B | Add +55.3% | 2.96% | +0.81 |
| DIA SS SPDR Dow Jones Indus Avg | Add +36.8% | 3.03% | +0.68 |
| SCHG Schwab US Large-Cap Growth | Add +8.1% | 7.80% | +0.58 |
| IUSG iShares Core S&P U.S. Growth | New | 0.39% | +0.39 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.0% | 8.60% | +0.36 |
| WSM Williams-Sonoma Inc. | New | 0.33% | +0.33 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | New | 0.25% | +0.25 |
| IOT Samsara Inc. Class A | New | 0.21% | +0.21 |
| ALSN Allison Transmission Holding | New | 0.19% | +0.19 |
| FTRE Fortrea Holdings Inc. | New | 0.19% | +0.19 |
| XBI SS SPDR S&P Biotech ETF | New | 0.18% | +0.18 |
| PYPL PayPal Holdings Inc. | New | 0.18% | +0.18 |
| HACK Amplify Cybersecurity ETF | New | 0.18% | +0.18 |
| COST Costco Wholesale Corp. | Add +107.4% | 0.33% | +0.17 |
| JNPR Juniper Networks Inc. | New | 0.17% | +0.17 |
| XLRE SS Real Estate Select Sector | Add +118.1% | 0.34% | +0.16 |
| FIW First Trust Water ETF | New | 0.16% | +0.16 |
| ZTS Zoetis Inc. | New | 0.16% | +0.16 |
| PANW Palo Alto Networks Inc. | New | 0.16% | +0.16 |
| AMZN Amazon.com Inc. | Add +1.7% | 2.09% | +0.16 |
| EWW iShares MSCI Mexico ETF | New | 0.14% | +0.14 |
| EDEN iShares MSCI Denmark ETF | New | 0.14% | +0.14 |
| XME SS SPDR S&P Metals Mining | New | 0.14% | +0.14 |
| XLB SS Materials Select Sector | New | 0.14% | +0.14 |
| XSD SS SPDR S&P Semiconductor | New | 0.14% | +0.14 |
| XYLD Global X S&P 500 Cove Call E | Add +39.0% | 0.62% | +0.14 |
| QYLD Global X Nasd 100 Cov Call | Add +38.7% | 0.54% | +0.12 |
| HLAL Wahed Ftse USA Shariah ETF | Add +55.3% | 0.33% | +0.11 |
| AMD Advanced Micro Devices | Add +3.6% | 0.76% | +0.09 |
| SCHK Schwab 1000 Index ETF | Add +20.4% | 0.43% | +0.07 |
| HESM Hess Midstream LP Class A | Add +27.9% | 0.27% | +0.06 |
| ABBV Abbvie Inc. | Add +12.0% | 0.42% | +0.06 |
| GLD SPDR Gold Shares | Add +25.8% | 0.30% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +6.8% | 1.66% | +0.05 |
| KIE SS SPDR S&P Insurance ETF | Add +6.3% | 0.48% | +0.04 |
| IMCG iShares Morningstar Mid-Cap | Add +19.0% | 0.24% | +0.03 |
| NFLX Netflix Inc. | Add +1.2% | 0.30% | +0.03 |
| XHB SS SPDR S&P Homebldrs ETF | Add +3.8% | 0.42% | +0.03 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Add +6.3% | 0.97% | +0.03 |
| LRCX Lam Research Corp. | Add +0.3% | 0.27% | +0.03 |
| KTOS Kratos Defense & Security | Add +44.0% | 0.18% | +0.03 |
| OKE Oneok Inc. | Add +4.3% | 0.36% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +2.5% | 0.30% | +0.02 |
| LEN Lennar Corp. Class A | Add +2.3% | 0.35% | +0.02 |
| XAWFX Alliancebernstein GL Hi Inc. | Add +15.1% | 0.09% | +0.01 |
| XLC SS Comm Select Sector SPDR | Add +0.0% | 0.39% | +0.00 |
| DVN Devon Energy Corp. | Add +0.8% | 0.21% | −0.00 |
| AJG Arthur J Gallagher & Co. | Add +0.2% | 0.17% | −0.00 |
| SPG Simon Property Group Inc. | Add +1.3% | 0.26% | −0.00 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +5.8% | 2.80% | −0.00 |
Options Activity Q4 2023 → Q1 2024
| CRWD CrowdStrike Holdings Inc. Class A | call | New | 1,400 | $242K |
| SMH Vaneck Semiconductor ETF | call | Sold out | 14,000 | $233Kbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 20,000 | $26K |
| QQQ Invesco QQQ Trust Series 1 | put | New | 21,000 | $20K |
| IWM iShares Russell 2000 ETF | put | New | 10,000 | $3K |
| CAT Caterpillar Inc. | put | New | 15,000 | $2K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +1.8% | 174 | $208K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 169 | $252.8M | SCHG, AAPL, SPY, CGDV, NVDA |
| Q1 2026 | 169 | $235.8M | SPY, SCHG, AAPL, CGDV, NVDA |
| Q4 2025 | 162 | $226.2M | SPY, SCHG, AAPL, CGDV, NVDA |
| Q3 2025 | 150 | $220.8M | SPY, SCHG, AAPL, CGDV, NVDA |
| Q2 2025 | 147 | $196.0M | SPY, SCHG, AAPL, CGDV, VCRB |
| Q1 2025 | 136 | $172.4M | SPY, AAPL, SCHG, VCRB, CGDV |
| Q4 2024 | 131 | $175.8M | SPY, AAPL, SCHG, NVDA, VCRB |
| Q3 2024 | 133 | $171.6M | AAPL, SPY, SCHG, VIG, VCRB |
| Q2 2024 | 131 | $160.0M | AAPL, SPY, SCHG, VIG, VCRB |
| Q1 2024 | 122 | $146.9M | SPY, SCHG, AAPL, VIG, SCHZ |