Kaizen Financial Strategies

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 4, 2024), Kaizen Financial Strategies reported 133 stock positions worth $171.6 million. Its top holding was Apple (AAPL) at 8.9% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 8.4%) and Schwab US Large-Cap Growth (SCHG, 7.7%). Compared with Q2 2024, it opened 14 new positions, sold out of 12, added to 62 and reduced 33. The biggest buy was a new position in Hewlett Packard Enterprise (HPE) and the biggest sale Alphabet Class A (GOOGL, shares −29%).

Most Recent 13F
Q2 2026
Location
CAMPBELL, CA
CIK
0001842013
Portfolio Value
$171.6M (Q3 2024)
SEC Filing
0001085146-24-005322 ↗ filed Nov 4, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $146.9M Q1 2024 Q2 2024: $160.0M Q2 2024 Q3 2024: $171.6M $171.6M Q3 2024 Q4 2024: $175.8M Q4 2024 Q1 2025: $172.4M Q1 2025 Q2 2025: $196.0M Q2 2025 Q3 2025: $220.8M Q3 2025 Q4 2025: $226.2M Q4 2025 Q1 2026: $235.8M Q1 2026 Q2 2026: $252.8M Q2 2026

Holdings 133 stocks · $171.6M
AAPL Apple Inc. 8.87% 65,307 $15.2M Reduce -1.9%
SPY SS SPDR S&P 500 ETF Trust-US 8.38% 25,057 $14.4M Add +0.1%
SCHG Schwab US Large-Cap Growth 7.71% 126,959 $13.2M Reduce -1.5%
VIG Vanguard Dividend Apprec ETF 4.93% 42,692 $8.5M Reduce -5.0%
VCRB Vanguard Core Bond ETF 4.88% 105,649 $8.4M Add +7.1%
NVDA Nvidia Corp. 4.35% 61,428 $7.5M Reduce -1.9%
SCHI Schwab 5-10 Year Corporate B 3.68% 136,619 $6.3M Add +4.7%
BX Blackstone Inc. 2.78% 31,181 $4.8M Reduce -3.2%
FNDF Schwab Fndmn Intl LRG Co. ETF 2.76% 126,928 $4.7M Add +1.1%
TSLA Tesla Inc. 2.47% 16,214 $4.2M Reduce -0.4%
SCHQ Schwab Long-Term US Treasury 2.45% 119,997 $4.2M Reduce -3.1%
MSFT Microsoft Corp. 1.85% 7,395 $3.2M Add +2.1%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 1.83% 86,037 $3.1M Add +17.6%
AMZN Amazon.com Inc. 1.82% 16,733 $3.1M Add +3.1%
SMH Vaneck Semiconductor ETF 1.67% 11,675 $2.9M Add +8.6%
GOOG Alphabet Inc. Class C 1.63% 16,757 $2.8M Reduce -5.0%
FNDB Schwab Fndmntl US BRD Mr ETF 1.52% 37,061 $2.6M Add +9.9%
QQQ Invesco QQQ Trust Series 1 1.27% 4,472 $2.2M Reduce -0.3%
CRM Salesforce Inc. 1.15% 7,232 $2.0M Reduce -1.7%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.13% 4,584 $1.9M Reduce -3.3%
GOOGL Alphabet Inc. Class A 1.04% 10,810 $1.8M Reduce -28.8%
FNDA Schwab Fndmntl US SM Co. ETF 0.96% 27,576 $1.6M Add +7.0%
FNDE Schwab Fndmntl Em MRK Eq ETF 0.83% 44,214 $1.4M Reduce -1.2%
XLK SS Technology Select Sector 0.79% 5,996 $1.4M Reduce -3.3%
SCHR Schwab Intermediate-Term US 0.74% 25,230 $1.3M Add +3.7%
VOO Vanguard S&P 500 ETF 0.74% 2,392 $1.3M Add +17.1%
XYLD Global X S&P 500 Cove Call E 0.69% 28,711 $1.2M Add +4.5%
AMD Advanced Micro Devices 0.66% 6,922 $1.1M Add +3.4%
QYLD Global X Nasd 100 Cov Call 0.61% 57,763 $1.0M Add +5.2%
PDI PIMCO Dynamic Income Fund 0.61% 51,338 $1.0M Add +0.8%
ADBE Adobe Inc. 0.60% 1,996 $1.0M Reduce -6.2%
COST Costco Wholesale Corp. 0.55% 1,065 $945K Add +66.4%
VTI VG Morningstar TS MKT ETF-US 0.55% 3,332 $943K No change
LLY Eli Lilly & Co. 0.54% 1,037 $919K Add +154.2%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.52% 7,927 $896K Reduce -2.1%
META Meta Platforms Inc. Class A 0.51% 1,538 $880K Reduce -2.2%
XLRE SS Real Estate Select Sector 0.48% 18,410 $822K Add +35.5%
KLAC KLA Corp. 0.47% 1,050 $813K No change
ABBV Abbvie Inc. 0.46% 3,994 $789K Add +0.4%
BLOK Amplify Blockchain Tech ETF 0.45% 20,630 $774K No change
HPE Hewlett Packard Enterprise 0.45% 37,670 $771K New
IUSG iShares Core S&P U.S. Growth 0.45% 5,823 $768K Add +0.2%
V Visa Inc. Class A 0.43% 2,680 $737K Reduce -3.6%
SCHK Schwab 1000 Index ETF 0.41% 12,785 $707K Add +1.3%
AMAT Applied Materials Inc. 0.41% 3,449 $697K Reduce -5.7%
VWO Vanguard Ftse Emerging Marke 0.41% 14,539 $696K Reduce -2.8%
KIE SS SPDR S&P Insurance ETF 0.40% 12,130 $688K Add +0.3%
STAG Stag Industrial Inc. 0.39% 17,249 $674K Reduce -6.6%
RSPT Invesco S&P 500 Equal Weight 0.36% 16,600 $626K No change
OKE Oneok Inc. 0.36% 6,698 $610K Add +1.1%
CAT Caterpillar Inc. 0.35% 1,528 $598K Add +0.3%
LEN Lennar Corp. Class A 0.35% 3,175 $595K Add +6.6%
IVV iShares Core S&P 500 ETF 0.34% 1,016 $586K Add +0.1%
USLM United States Lime & Mineral 0.32% 5,678 $555K Reduce -80.1%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.30% 6,340 $512K New
NFLX Netflix Inc. 0.29% 706 $501K Add +5.8%
TMO Thermo Fisher Scientific Inc. 0.29% 808 $500K Add +0.3%
CIBR First Trust Nasdaq Cybersecu 0.29% 8,345 $494K Add +0.0%
XLF SS Financial Select Sector 0.29% 10,821 $490K Add +22.7%
AGX Argan Inc. 0.28% 4,770 $484K Reduce -0.6%
QCOM Qualcomm Inc. 0.28% 2,784 $473K Add +3.9%
VPLS Vanguard Core-Plus Bond ETF 0.28% 5,953 $472K Add +31.6%
GE General Electric filed as GE AEROSPACE 0.28% 2,503 $472K No change
VB Vanguard Most SM-Cap ETF-Usd 0.27% 1,949 $462K No change
FIW First Trust Water ETF 0.26% 4,027 $440K Add +0.1%
XLC SS Comm Select Sector SPDR 0.26% 4,863 $440K Add +0.0%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.25% 1,612 $431K Reduce -12.2%
HESM Hess Midstream LP Class A 0.25% 12,184 $430K Add +10.7%
JPM JPMorgan Chase & Co. 0.25% 2,022 $426K Add +0.1%
PGR Progressive Corp. 0.24% 1,650 $419K No change
KTOS Kratos Defense & Security 0.24% 17,700 $412K Add +2.9%
ARIS WATER SOLUTIONS INC-A 0.24% 24,335 $411K Add +57.0%
LRCX Lam Research Corp. 0.24% 503 $410K Reduce -3.8%
IMCG iShares Morningstar Mid-Cap 0.24% 5,585 $408K Add +10.1%
XLV SS Health Care Select Sector 0.24% 2,630 $405K No change
ARM Arm Holdings PLC-ADR 0.23% 2,800 $400K Add +12.0%
AMGN Amgen Inc. 0.21% 1,143 $368K Reduce -3.0%
GLD SPDR Gold Shares 0.21% 1,512 $368K Reduce -1.5%
CVX Chevron Corp. 0.21% 2,463 $363K New
FISV Fiserv Inc. 0.21% 2,016 $362K No change
VCTR Victory Capital Holding - A 0.21% 6,510 $361K Reduce -0.6%
SCHZ Schwab US Aggregate Bond ETF 0.21% 7,570 $360K No change
ORCL Oracle Corp. 0.21% 2,083 $355K No change
SPG Simon Property Group Inc. 0.21% 2,097 $354K Reduce -16.4%
XHB SS SPDR S&P Homebldrs ETF 0.21% 2,843 $354K Add +39.2%
HACK Amplify Cybersecurity ETF 0.20% 5,132 $350K Add +4.1%
SCHA Schwab US Small-Cap ETF 0.20% 6,782 $349K Add +3.3%
KGC Kinross Gold Corp. 0.20% 37,000 $346K New
XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP 0.19% 12,092 $334K Add +47.0%
PLTR Palantir Technologies Inc. Class A 0.19% 8,944 $333K Add +2.8%
TLT iShares 20+ Year Treasury BD 0.19% 3,292 $323K New
ETR Entergy Corp. 0.19% 2,450 $322K No change
IWM iShares Russell 2000 ETF 0.19% 1,446 $319K Reduce -6.3%
BRK.B Berkshire Hathaway Inc. Class B 0.18% 687 $316K No change
SCHM Schwab US Mid Cap ETF 0.18% 3,754 $312K Reduce -2.4%
IWO iShares Russell 2000 Growth 0.18% 1,070 $304K Add +7.0%
XTL SS SPDR S&P Telecom ETF 0.18% 3,000 $302K New
REX Rex American Resources Corp. 0.17% 6,300 $292K No change
LDOS Leidos Holdings Inc. 0.17% 1,740 $284K Reduce -0.6%
CUBE Cubesmart 0.16% 5,181 $279K No change
NEE Nextera Energy Inc. 0.16% 3,276 $277K Add +0.6%
PANW Palo Alto Networks Inc. 0.16% 800 $273K No change
MMM 3M Co. 0.16% 2,000 $273K New
XSD SS SPDR S&P Semiconductor 0.16% 1,125 $270K No change
ZTS Zoetis Inc. 0.16% 1,381 $270K Add +0.1%
VTIP Vanguard Short-Term Tips 0.16% 5,450 $269K No change
SPYV SS SPDR P S&P 500 Value ETF 0.16% 5,047 $267K Add +0.3%
EZA iShares MSCI South Africa Et 0.15% 5,200 $262K Add +4.0%
XLB SS Materials Select Sector 0.15% 2,718 $262K Add +0.1%
MS Morgan Stanley 0.15% 2,497 $260K Add +0.9%
NEM Newmont Corp. 0.15% 4,837 $259K Add +0.5%
FNF Fidelity National Financial 0.15% 4,140 $257K Add +0.1%
HON Honeywell International Inc. 0.15% 1,241 $256K Add +0.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.15% 905 $255K Reduce -9.9%
ALSN Allison Transmission Holding 0.15% 2,600 $250K No change
FRT Federal Realty Invs Trust 0.14% 2,151 $247K No change
UNH Unitedhealth Group Inc. 0.14% 419 $245K New
AXON Axon Enterprise Inc. 0.14% 600 $240K New
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd 0.13% 2,466 $222K Add +2.1%
ANGL Vaneck Fallen Angel High YLD 0.13% 7,450 $219K No change
SPLV Invesco S&P 500 Low Volatili 0.13% 3,050 $219K No change
ET Energy Transfer LP 0.12% 12,962 $208K Add +1.9%
HRB H&R Block Inc. filed as BLOCK H & R INC 0.12% 3,199 $203K New
PYPL PayPal Holdings Inc. 0.12% 2,600 $203K New
SPLB SS SPDR P Long Term C ETF 0.12% 8,350 $202K New
TEI Templeton Emrg MKTS Inc. 0.12% 34,528 $201K Add +24.5%
LAND Gladstone Land Corp. 0.10% 12,165 $169K Add +1.0%
XAWFX Alliancebernstein GL Hi Inc. 0.09% 13,594 $154K Add +1.2%
LOCO El Pollo Loco Holdings Inc. 0.09% 11,000 $151K No change
ACHR Archer Aviation Inc. Class A 0.09% 49,500 $150K Add +80.0%
PRTH Priority Technology Holdings 0.08% 20,000 $137K New
JOBY Joby Aviation Inc. 0.03% 11,304 $57K New
EOSE Eos Energy Enterprises Inc. 0.02% 10,700 $32K No change

Options reported separately and not counted above: QQQ puts ($40K), XLF puts ($19K).

Other holdings (2): bonds, preferreds, convertibles and warrants · $718K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 300$382KNo change
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 7,240$336KNew

Total filed on the 13F, all lines: $172.3M.

Portfolio Sells Q2 2024 → Q3 2024
GOOGL Alphabet Inc. Class A Reduce -28.8% 1.04% −0.57
VIG Vanguard Dividend Apprec ETF Reduce -5.0% 4.93% −0.36
BITO Proshares Bitcoin ETF-Usd Sold out 0.00% −0.29
HLAL Wahed Ftse USA Shariah ETF Sold out 0.00% −0.29
GOOG Alphabet Inc. Class C Reduce -5.0% 1.63% −0.26
WSM Williams-Sonoma Inc. Sold out 0.00% −0.25
AAPL Apple Inc. Reduce -1.9% 8.87% −0.24
CMRE Costamare Inc. Sold out 0.00% −0.20
BBY Best Buy Co. Inc. Sold out 0.00% −0.20
ASR Grupo Aeroportuario Sur-ADR Sold out 0.00% −0.19
DVN Devon Energy Corp. Sold out 0.00% −0.16
UAL United Airlines Holdings Inc. Sold out 0.00% −0.15
XME SS SPDR S&P Metals Mining Sold out 0.00% −0.15
SCHQ Schwab Long-Term US Treasury Reduce -3.1% 2.45% −0.15
OMAB Grupo Aeroportuario Cen-ADR Sold out 0.00% −0.14
SCHG Schwab US Large-Cap Growth Reduce -1.5% 7.71% −0.13
AI C3.AI Inc. Class A Sold out 0.00% −0.13
OSCR Oscar Health Inc. Class A Sold out 0.00% −0.12
ADBE Adobe Inc. Reduce -6.2% 0.60% −0.11
STAG Stag Industrial Inc. Reduce -6.6% 0.39% −0.08
DIA SS SPDR Dow Jones Indus Avg Reduce -3.3% 1.13% −0.08
BX Blackstone Inc. Reduce -3.2% 2.78% −0.06
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -12.2% 0.25% −0.05
AMAT Applied Materials Inc. Reduce -5.7% 0.41% −0.04
LRCX Lam Research Corp. Reduce -3.8% 0.24% −0.04
SPG Simon Property Group Inc. Reduce -16.4% 0.21% −0.04
CRM Salesforce Inc. Reduce -1.7% 1.15% −0.03
AMGN Amgen Inc. Reduce -3.0% 0.21% −0.03
AJG Arthur J Gallagher & Co. Reduce -9.9% 0.15% −0.03
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -2.1% 0.52% −0.03
IWM iShares Russell 2000 ETF Reduce -6.3% 0.19% −0.03
V Visa Inc. Class A Reduce -3.6% 0.43% −0.03
XLK SS Technology Select Sector Reduce -3.3% 0.79% −0.02
SCHM Schwab US Mid Cap ETF Reduce -2.4% 0.18% −0.01
QQQ Invesco QQQ Trust Series 1 Reduce -0.3% 1.27% −0.01
VCTR Victory Capital Holding - A Reduce -0.6% 0.21% −0.00
VWO Vanguard Ftse Emerging Marke Reduce -2.8% 0.41% −0.00
GLD SPDR Gold Shares Reduce -1.5% 0.21% +0.00
LDOS Leidos Holdings Inc. Reduce -0.6% 0.17% +0.01
FNDE Schwab Fndmntl Em MRK Eq ETF Reduce -1.2% 0.83% +0.02
USLM United States Lime & Mineral Reduce -80.1% 0.32% +0.03
AGX Argan Inc. Reduce -0.6% 0.28% +0.05
META Meta Platforms Inc. Class A Reduce -2.2% 0.51% +0.06
TSLA Tesla Inc. Reduce -0.4% 2.47% +0.21
NVDA Nvidia Corp. Reduce -1.9% 4.35% +0.29

Portfolio Buys Q2 2024 → Q3 2024
HPE Hewlett Packard Enterprise New 0.45% +0.45
LLY Eli Lilly & Co. Add +154.2% 0.54% +0.33
XLU St Sr Utl SL SE SPDR ETF-Usd New 0.30% +0.30
CGDV Cap Group Dividend Value Add +17.6% 1.83% +0.24
COST Costco Wholesale Corp. Add +66.4% 0.55% +0.23
CVX Chevron Corp. New 0.21% +0.21
KGC Kinross Gold Corp. New 0.20% +0.20
TLT iShares 20+ Year Treasury BD New 0.19% +0.19
XTL SS SPDR S&P Telecom ETF New 0.18% +0.18
MMM 3M Co. New 0.16% +0.16
UNH Unitedhealth Group Inc. New 0.14% +0.14
AXON Axon Enterprise Inc. New 0.14% +0.14
XLRE SS Real Estate Select Sector Add +35.5% 0.48% +0.13
SMH Vaneck Semiconductor ETF Add +8.6% 1.67% +0.13
VCRB Vanguard Core Bond ETF Add +7.1% 4.88% +0.12
HRB H&R Block Inc. New 0.12% +0.12
PYPL PayPal Holdings Inc. New 0.12% +0.12
SPLB SS SPDR P Long Term C ETF New 0.12% +0.12
VOO Vanguard S&P 500 ETF Add +17.1% 0.74% +0.10
FNDB Schwab Fndmntl US BRD Mr ETF Add +9.9% 1.52% +0.09
AMD Advanced Micro Devices Add +3.4% 0.66% +0.08
PRTH Priority Technology Holdings New 0.08% +0.08
ARIS WATER SOLUTIONS INC-A Add +57.0% 0.24% +0.07
XIFR XPLR Infrastructure LP Add +47.0% 0.19% +0.06
VPLS Vanguard Core-Plus Bond ETF Add +31.6% 0.28% +0.06
XHB SS SPDR S&P Homebldrs ETF Add +39.2% 0.21% +0.06
PLTR Palantir Technologies Inc. Class A Add +2.8% 0.19% +0.05
XLF SS Financial Select Sector Add +22.7% 0.29% +0.04
JOBY Joby Aviation Inc. New 0.03% +0.03
NFLX Netflix Inc. Add +5.8% 0.29% +0.03
ARM Arm Holdings PLC-ADR Add +12.0% 0.23% +0.03
CAT Caterpillar Inc. Add +0.3% 0.35% +0.02
TEI Templeton Emrg MKTS Inc. Add +24.5% 0.12% +0.02
IMCG iShares Morningstar Mid-Cap Add +10.1% 0.24% +0.02
QYLD Global X Nasd 100 Cov Call Add +5.2% 0.61% +0.02
SCHI Schwab 5-10 Year Corporate B Add +4.7% 3.68% +0.02
EZA iShares MSCI South Africa Et Add +4.0% 0.15% +0.01
ACHR Archer Aviation Inc. Class A Add +80.0% 0.09% +0.01
OKE Oneok Inc. Add +1.1% 0.36% +0.01
LEN Lennar Corp. Class A Add +6.6% 0.35% +0.01
NEE Nextera Energy Inc. Add +0.6% 0.16% +0.01
HACK Amplify Cybersecurity ETF Add +4.1% 0.20% +0.01
NEM Newmont Corp. Add +0.5% 0.15% +0.01
FNF Fidelity National Financial Add +0.1% 0.15% +0.01
XYLD Global X S&P 500 Cove Call E Add +4.5% 0.69% +0.01
PDI PIMCO Dynamic Income Fund Add +0.8% 0.61% +0.00
CIBR First Trust Nasdaq Cybersecu Add +0.0% 0.29% +0.00
IUSG iShares Core S&P U.S. Growth Add +0.2% 0.45% +0.00
XAWFX Alliancebernstein GL Hi Inc. Add +1.2% 0.09% +0.00
IWO iShares Russell 2000 Growth Add +7.0% 0.18% +0.00

Options Activity Q2 2024 → Q3 2024
QQQ Invesco QQQ Trust Series 1 put New 11,000 $40K
XLF SS Financial Select Sector put New 17,000 $19K
BITO Proshares Bitcoin ETF-Usd call Sold out 16,000 $10Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2024 → Q3 2024
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 New 7,240 $336K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 169$252.8MSCHG, AAPL, SPY, CGDV, NVDA
Q1 2026 169$235.8MSPY, SCHG, AAPL, CGDV, NVDA
Q4 2025 162$226.2MSPY, SCHG, AAPL, CGDV, NVDA
Q3 2025 150$220.8MSPY, SCHG, AAPL, CGDV, NVDA
Q2 2025 147$196.0MSPY, SCHG, AAPL, CGDV, VCRB
Q1 2025 136$172.4MSPY, AAPL, SCHG, VCRB, CGDV
Q4 2024 131$175.8MSPY, AAPL, SCHG, NVDA, VCRB
Q3 2024 133$171.6MAAPL, SPY, SCHG, VIG, VCRB
Q2 2024 131$160.0MAAPL, SPY, SCHG, VIG, VCRB
Q1 2024 122$146.9MSPY, SCHG, AAPL, VIG, SCHZ