Keel Point, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Keel Point, LLC reported 470 stock positions worth $1.3 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 16.0% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 5.6%) and Netflix (NFLX, 4.9%). Compared with Q4 2024, it opened 51 new positions, sold out of 16, added to 264 and reduced 125. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +11%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- HUNTSVILLE, AL
- CIK
- 0001386935
- Portfolio Value
- $1.3B (Q1 2025)
- SEC Filing
- 0001386935-25-000002 ↗ filed May 15, 2025
Holdings Value
Holdings 470 stocks · $1.3B
| VOO Vanguard S&P 500 ETF | 15.99% | 400,517 | $205.8M | Add +11.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.64% | 129,671 | $72.5M | Reduce -8.1% |
| NFLX Netflix Inc. | 4.87% | 67,237 | $62.7M | Reduce -0.3% |
| AGG iShares Core U.S. Aggregate | 3.19% | 414,877 | $41.0M | Add +4.7% |
| IWB iShares Russell 1000 ETF | 2.97% | 124,725 | $38.3M | Add +1.8% |
| VEA Vanguard Ftse Developed ETF | 2.91% | 737,050 | $37.5M | Add +11.3% |
| EFA iShares MSCI Eafe ETF | 2.44% | 384,814 | $31.5M | Reduce -8.1% |
| GLD SPDR Gold Shares | 2.11% | 94,132 | $27.1M | Reduce -1.6% |
| AAPL Apple Inc. | 2.06% | 119,578 | $26.6M | Add +8.5% |
| AMZN Amazon.com Inc. | 1.62% | 109,402 | $20.8M | Add +7.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.58% | 308,283 | $20.3M | Add +0.2% |
| MSFT Microsoft Corp. | 1.51% | 51,686 | $19.4M | Add +4.3% |
| IWD iShares Russell 1000 Value E | 1.23% | 83,898 | $15.8M | Add +3.3% |
| BKNG Booking Holdings Inc. | 1.15% | 3,219 | $14.8M | Add +1.0% |
| IWF iShares Russell 1000 Growth | 1.15% | 40,886 | $14.8M | Reduce -2.3% |
| TLH iShares 10-20 Year Treasury | 1.15% | 142,177 | $14.8M | Add +0.0% |
| TSLA Tesla Inc. | 1.13% | 55,915 | $14.5M | Add +10.2% |
| ISRG Intuitive Surgical Inc. | 1.05% | 27,189 | $13.5M | Add +0.3% |
| NVDA Nvidia Corp. | 1.02% | 120,596 | $13.1M | Add +15.8% |
| VXF Vanguard Extended Market ETF | 0.99% | 74,021 | $12.8M | Add +2.6% |
| IEF iShares 7-10 Year Treasury B | 0.89% | 119,496 | $11.4M | Add +31.1% |
| GOOGL Alphabet Inc. Class A | 0.85% | 70,676 | $10.9M | Add +4.8% |
| XLF SS Financial Select Sector | 0.78% | 202,439 | $10.1M | Add +61.9% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.76% | 48,592 | $9.8M | Reduce -7.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.74% | 12 | $9.6M | No change |
| SO The Southern Co. | 0.73% | 101,852 | $9.4M | Add +6.4% |
| IEI iShares 3-7 Year Treasury Bo | 0.71% | 77,624 | $9.2M | Reduce -1.0% |
| V Visa Inc. Class A | 0.66% | 24,174 | $8.5M | Reduce -1.3% |
| EEM iShares MSCI Emerging Market | 0.62% | 183,200 | $8.0M | Reduce -10.4% |
| META Meta Platforms Inc. Class A | 0.61% | 13,729 | $7.9M | Add +16.1% |
| IJR iShares Core S&P Small-Cap E | 0.61% | 75,539 | $7.9M | Add +7.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.50% | 11,992 | $6.4M | Add +12.5% |
| XLK SS Technology Select Sector | 0.49% | 30,794 | $6.4M | Add +4.0% |
| WMT Walmart Inc. | 0.48% | 70,348 | $6.2M | Reduce -8.4% |
| ACN Accenture PLC Class A | 0.46% | 18,867 | $5.9M | Reduce -0.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.45% | 12,263 | $5.8M | Reduce -6.8% |
| JNJ Johnson & Johnson | 0.45% | 34,634 | $5.7M | Add +11.2% |
| BBJP JPMorgan Betabuilders Japan | 0.42% | 95,562 | $5.4M | Add +161.7% |
| BBCA JPMorgan Betabuilders Canada | 0.41% | 74,140 | $5.3M | Add +70.8% |
| ADP Automatic Data Processing | 0.41% | 17,148 | $5.2M | Reduce -2.8% |
| SLV iShares Silver Trust | 0.41% | 168,272 | $5.2M | Add +1.4% |
| IAGG iShares Intl Aggregate Bond | 0.40% | 102,432 | $5.1M | New |
| FISV Fiserv Inc. | 0.40% | 23,110 | $5.1M | Reduce -4.5% |
| UCON First Trust Smith Unconstrai | 0.39% | 203,096 | $5.0M | Add +12.4% |
| GOOG Alphabet Inc. Class C | 0.38% | 31,658 | $4.9M | Add +9.2% |
| LIN Linde PLC | 0.38% | 10,578 | $4.9M | Add +15.8% |
| BND Vanguard Total Bond Market | 0.38% | 65,900 | $4.8M | Reduce -22.2% |
| MRK Merck & Co. Inc. | 0.36% | 52,330 | $4.7M | Add +27.6% |
| SYK Stryker Corp. | 0.36% | 12,615 | $4.7M | Reduce -0.2% |
| ICE Intercontinental Exchange Inc. | 0.36% | 27,148 | $4.7M | Add +0.0% |
| CHKP Check Point Software Tech | 0.36% | 20,388 | $4.6M | Reduce -8.0% |
| QCOM Qualcomm Inc. | 0.36% | 30,087 | $4.6M | Add +0.8% |
| MSI Motorola Solutions Inc. | 0.35% | 10,374 | $4.5M | Add +1.1% |
| ITW Illinois Tool Works | 0.34% | 17,904 | $4.4M | Reduce -0.6% |
| APH Amphenol Corp. Class A | 0.34% | 67,348 | $4.4M | Add +8.5% |
| JPM JPMorgan Chase & Co. | 0.34% | 17,841 | $4.4M | Add +13.5% |
| SHW The Sherwin-Williams Co. | 0.34% | 12,489 | $4.4M | Reduce -0.2% |
| FDX FedEx Corp. | 0.33% | 17,552 | $4.3M | Add +8.1% |
| TMO Thermo Fisher Scientific Inc. | 0.33% | 8,489 | $4.2M | Reduce -0.4% |
| DHR Danaher Corp. | 0.33% | 20,569 | $4.2M | Add +8.8% |
| ROP Roper Technologies Inc. | 0.33% | 7,122 | $4.2M | Add +0.2% |
| FAST Fastenal Co. | 0.32% | 53,751 | $4.2M | Reduce -0.4% |
| CHD Church & Dwight Co. Inc. | 0.32% | 37,277 | $4.1M | Reduce -0.5% |
| EXPD Expeditors Intl Wash Inc. | 0.31% | 33,586 | $4.0M | Reduce -0.5% |
| BAND Bandwidth Inc. Class A | 0.31% | 300,372 | $3.9M | No change |
| IJH iShares Core S&P Midcap ETF | 0.30% | 65,638 | $3.8M | Add +3.2% |
| AVGO Broadcom Inc. | 0.30% | 22,791 | $3.8M | Add +28.8% |
| IVV iShares Core S&P 500 ETF | 0.30% | 6,787 | $3.8M | Reduce -1.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.30% | 15,278 | $3.8M | Add +7.4% |
| GOVT iShares US Treasury Bond ETF | 0.29% | 161,480 | $3.7M | Add +104.1% |
| MELI MercadoLibre Inc. | 0.29% | 1,892 | $3.7M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.28% | 13,063 | $3.6M | Reduce -3.0% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.27% | 14,097 | $3.4M | Add +9.8% |
| UNH Unitedhealth Group Inc. | 0.25% | 6,140 | $3.2M | Add +1.6% |
| ACWI iShares MSCI Acwi ETF | 0.24% | 26,966 | $3.1M | Reduce -6.3% |
| IVLU iShares MSCI International V | 0.24% | 101,895 | $3.1M | Add +113.3% |
| ESGD iShares Trust iShares ESG Aw | 0.24% | 37,749 | $3.1M | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.24% | 8,240 | $3.1M | Add +7.3% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.23% | 27,543 | $3.0M | Reduce -0.3% |
| SHY iShares 1-3 Year Treasury Bo | 0.23% | 36,129 | $3.0M | Reduce -34.9% |
| LLY Eli Lilly & Co. | 0.23% | 3,533 | $2.9M | Add +17.7% |
| LOW Lowe's Cos Inc. | 0.23% | 12,477 | $2.9M | Add +1.7% |
| HD Home Depot Inc. | 0.23% | 7,939 | $2.9M | Reduce -0.9% |
| VNQ Vanguard Real Estate ETF | 0.22% | 31,572 | $2.9M | Add +9.5% |
| MA Mastercard Inc. Class A | 0.22% | 5,063 | $2.8M | Add +12.7% |
| IWY iShares Russell Top 200 Grow | 0.21% | 12,945 | $2.7M | Add +16.2% |
| BSCP Invesco Bulletshares 2025 CB | 0.21% | 128,463 | $2.7M | Add +10.5% |
| IEMG iShares Core MSCI Emerging | 0.20% | 48,273 | $2.6M | Reduce -17.9% |
| XOM Exxon Mobil Corp. | 0.20% | 21,487 | $2.6M | Add +21.4% |
| PG The Procter & Gamble Co. | 0.19% | 14,694 | $2.5M | Add +13.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.19% | 25,204 | $2.5M | Add +4.0% |
| COST Costco Wholesale Corp. | 0.19% | 2,614 | $2.5M | Add +15.2% |
| ABBV Abbvie Inc. | 0.19% | 11,479 | $2.4M | Add +11.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.18% | 13,506 | $2.3M | Add +2.1% |
| BBAX JPMorgan Betabuilders Develo | 0.17% | 43,991 | $2.1M | Add +222.3% |
| TLT iShares 20+ Year Treasury BD | 0.16% | 22,663 | $2.1M | Reduce -0.5% |
| KO The Coca-Cola Co. | 0.16% | 28,465 | $2.0M | Add +13.0% |
| CSCO Cisco Systems Inc. | 0.16% | 32,416 | $2.0M | Add +7.4% |
| BSCQ Invesco Bulletshares 2026 CB | 0.15% | 96,360 | $1.9M | Add +1.1% |
| SHLD Global X Defense Tech ETF | 0.14% | 40,055 | $1.9M | New |
Options reported separately and not counted above: SPY calls ($820K), SPY puts ($305K).
Portfolio Sells Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -8.1% | 5.64% | −0.99 |
| IWF iShares Russell 1000 Growth | Reduce -2.3% | 1.15% | −0.20 |
| IWM iShares Russell 2000 ETF | Reduce -61.3% | 0.09% | −0.18 |
| SOXX iShares Semiconductor ETF | Reduce -88.0% | 0.02% | −0.14 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -7.9% | 0.76% | −0.14 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -34.9% | 0.23% | −0.13 |
| TPHD Timothy Plan High DVD STCK | Sold out | 0.00% | −0.12 |
| BND Vanguard Total Bond Market | Reduce -22.2% | 0.38% | −0.11 |
| XLI SS Industrial Select Sector | Reduce -44.3% | 0.11% | −0.10 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -6.8% | 0.45% | −0.09 |
| EFA iShares MSCI Eafe ETF | Reduce -8.1% | 2.44% | −0.09 |
| ACN Accenture PLC Class A | Reduce -0.9% | 0.46% | −0.08 |
| SOVF Sovereign's Capital Flourish | Reduce -37.1% | 0.11% | −0.08 |
| WMT Walmart Inc. | Reduce -8.4% | 0.48% | −0.08 |
| DFAT Dimensional US Target Value | Reduce -54.7% | 0.05% | −0.07 |
| ACWX iShares MSCI Acwi Ex US ETF | Sold out | 0.00% | −0.07 |
| EEM iShares MSCI Emerging Market | Reduce -10.4% | 0.62% | −0.06 |
| JPST JPMorgan Ultra-Short Income | Reduce -44.9% | 0.07% | −0.06 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -56.8% | 0.04% | −0.05 |
| IEMG iShares Core MSCI Emerging | Reduce -17.9% | 0.20% | −0.04 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -56.4% | 0.03% | −0.04 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -10.5% | 0.10% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -40.9% | 0.06% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.0% | 0.28% | −0.03 |
| IWN iShares Russell 2000 Value E | Sold out | 0.00% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -1.4% | 0.30% | −0.03 |
| ACWI iShares MSCI Acwi ETF | Reduce -6.3% | 0.24% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.4% | 0.33% | −0.03 |
| SJNK SS SPDR BB St Hi Yield ETF | Sold out | 0.00% | −0.03 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -28.0% | 0.07% | −0.03 |
| SCHF Schwab Intl Equity ETF | Reduce -24.4% | 0.09% | −0.03 |
| HD Home Depot Inc. | Reduce -0.9% | 0.23% | −0.02 |
| VCIT Vanguard Int-Term Corporate | Sold out | 0.00% | −0.02 |
| DFAC Dimensional US Core Equity 2 | Reduce -37.2% | 0.03% | −0.02 |
| ITW Illinois Tool Works | Reduce -0.6% | 0.34% | −0.02 |
| CSX CSX Corp. | Sold out | 0.00% | −0.02 |
| HON Honeywell International Inc. | Reduce -23.1% | 0.05% | −0.02 |
| TOTL SS Doubleline TR Tact ETF | Sold out | 0.00% | −0.02 |
| NBIX Neurocrine Biosciences Inc. | Sold out | 0.00% | −0.02 |
| AS Amer Sports Inc. | Sold out | 0.00% | −0.02 |
| IJS iShares S&P Small-Cap 600 Va | Sold out | 0.00% | −0.02 |
| CMG Chipotle Mexican Grill Inc. | Reduce -1.6% | 0.07% | −0.02 |
| ALGN Align Technology Inc. | Sold out | 0.00% | −0.02 |
| O Realty Income Corp. | Sold out | 0.00% | −0.02 |
| VPL Vanguard Ftse Pacific ETF | Reduce -10.2% | 0.13% | −0.02 |
| ILMN Illumina Inc. | Sold out | 0.00% | −0.02 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −0.02 |
| DINO HF Sinclair Corp. | Sold out | 0.00% | −0.02 |
| BCSF Bain Capital Specialty Finan | Sold out | 0.00% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -14.4% | 0.09% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| VOO Vanguard S&P 500 ETF | Add +11.2% | 15.99% | +0.45 |
| IAGG iShares Intl Aggregate Bond | New | 0.40% | +0.40 |
| VEA Vanguard Ftse Developed ETF | Add +11.3% | 2.91% | +0.38 |
| XLF SS Financial Select Sector | Add +61.9% | 0.78% | +0.30 |
| BBJP JPMorgan Betabuilders Japan | Add +161.7% | 0.42% | +0.26 |
| IEF iShares 7-10 Year Treasury B | Add +31.1% | 0.89% | +0.21 |
| BBCA JPMorgan Betabuilders Canada | Add +70.8% | 0.41% | +0.17 |
| SHLD Global X Defense Tech ETF | New | 0.14% | +0.14 |
| GOVT iShares US Treasury Bond ETF | Add +104.1% | 0.29% | +0.14 |
| IVLU iShares MSCI International V | Add +113.3% | 0.24% | +0.14 |
| EMB iShares JP Morgan Usd Emergi | New | 0.12% | +0.12 |
| BBAX JPMorgan Betabuilders Develo | Add +222.3% | 0.17% | +0.11 |
| AGG iShares Core U.S. Aggregate | Add +4.7% | 3.19% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +12.5% | 0.50% | +0.11 |
| SO The Southern Co. | Add +6.4% | 0.73% | +0.10 |
| JNJ Johnson & Johnson | Add +11.2% | 0.45% | +0.09 |
| LIN Linde PLC | Add +15.8% | 0.38% | +0.08 |
| BBEU JPMorgan Betabuilders Europe | New | 0.06% | +0.06 |
| XYZ Block Inc. | New | 0.06% | +0.06 |
| META Meta Platforms Inc. Class A | Add +16.1% | 0.61% | +0.06 |
| SLV iShares Silver Trust | Add +1.4% | 0.41% | +0.06 |
| XOM Exxon Mobil Corp. | Add +21.4% | 0.20% | +0.05 |
| IBM Intl Business Machines Corp. | Add +7.4% | 0.30% | +0.04 |
| DXJ Wisdomtree Japan Hedged Eq | New | 0.04% | +0.04 |
| LLY Eli Lilly & Co. | Add +17.7% | 0.23% | +0.04 |
| ABBV Abbvie Inc. | Add +11.7% | 0.19% | +0.04 |
| ICE Intercontinental Exchange Inc. | Add +0.0% | 0.36% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +13.5% | 0.34% | +0.04 |
| MRK Merck & Co. Inc. | Add +27.6% | 0.36% | +0.04 |
| BSJU Invesco Bulletshares 2030 HY | New | 0.04% | +0.04 |
| UCON First Trust Smith Unconstrai | Add +12.4% | 0.39% | +0.03 |
| XLE SS Energy Select Sector | Add +38.7% | 0.11% | +0.03 |
| UBER Uber Technologies Inc. | Add +15.3% | 0.13% | +0.03 |
| KO The Coca-Cola Co. | Add +13.0% | 0.16% | +0.03 |
| TBIL F/M US Treasury 3 Month Bill | New | 0.03% | +0.03 |
| KHC The Kraft Heinz Co. | New | 0.03% | +0.03 |
| ROP Roper Technologies Inc. | Add +0.2% | 0.33% | +0.03 |
| BSCU Invesco Bulletshares 2030 CB | New | 0.03% | +0.03 |
| CVX Chevron Corp. | Add +26.4% | 0.10% | +0.03 |
| AVUV Avantis US Small Cap Value | New | 0.03% | +0.03 |
| MDLZ Mondelez International Inc. Class A | Add +81.5% | 0.05% | +0.03 |
| VOOV Vanguard S&P 500 Value ETF | New | 0.03% | +0.03 |
| MA Mastercard Inc. Class A | Add +12.7% | 0.22% | +0.03 |
| OXY Occidental Petroleum Corp. | New | 0.03% | +0.03 |
| COST Costco Wholesale Corp. | Add +15.2% | 0.19% | +0.03 |
| PM Philip Morris International | Add +30.4% | 0.06% | +0.03 |
| T AT&T Inc. | Add +9.7% | 0.10% | +0.02 |
| VFLO Victoryshares Free Cash Flow | Add +41.5% | 0.09% | +0.02 |
| GE General Electric | Add +16.6% | 0.09% | +0.02 |
| AMGN Amgen Inc. | Add +23.3% | 0.07% | +0.02 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +41.0% | 20,300 | $820K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 6,700 | $305K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 514 | $1.7B | VOO, VEA, AGG, IWB, NFLX |
| Q1 2026 | 460 | $1.5B | VOO, VEA, NFLX, AGG, SPY |
| Q4 2025 | 538 | $1.7B | VOO, VEA, NFLX, SPY, AGG |
| Q3 2025 | 526 | $1.6B | VOO, NFLX, SPY, VEA, AGG |
| Q2 2025 | 512 | $1.5B | VOO, NFLX, SPY, VEA, IWB |
| Q1 2025 | 470 | $1.3B | VOO, SPY, NFLX, AGG, IWB |
| Q4 2024 | 435 | $1.2B | VOO, SPY, NFLX, IWB, AGG |
| Q3 2024 | 443 | $1.2B | VOO, SPY, NFLX, IWB, AGG |
| Q2 2024 | 438 | $1.1B | VOO, SPY, NFLX, AGG, IWB |
| Q1 2024 | 384 | $966.7M | VOO, SPY, IWB, AGG, SPYM |