Keel Point, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), Keel Point, LLC reported 512 stock positions worth $1.5 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 15.3% of the portfolio, followed by Netflix (NFLX, 5.9%) and SS SPDR S&P 500 ETF Trust-US (SPY, 4.4%). Compared with Q1 2025, it opened 60 new positions, sold out of 18, added to 290 and reduced 123. The biggest buy was Nvidia (NVDA, shares +31%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- HUNTSVILLE, AL
- CIK
- 0001386935
- Portfolio Value
- $1.5B (Q2 2025)
- SEC Filing
- 0001386935-25-000004 ↗ filed Aug 15, 2025
Holdings Value
Holdings 512 stocks · $1.5B
| VOO Vanguard S&P 500 ETF | 15.29% | 406,720 | $231.0M | Add +1.6% |
| NFLX Netflix Inc. | 5.88% | 66,346 | $88.8M | Reduce -1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.41% | 107,912 | $66.7M | Reduce -16.8% |
| VEA Vanguard Ftse Developed ETF | 3.41% | 902,998 | $51.5M | Add +22.5% |
| IWB iShares Russell 1000 ETF | 2.79% | 124,251 | $42.2M | Reduce -0.4% |
| AGG iShares Core U.S. Aggregate | 2.76% | 420,922 | $41.8M | Add +1.5% |
| EFA iShares MSCI Eafe ETF | 2.35% | 397,894 | $35.6M | Add +3.4% |
| MSFT Microsoft Corp. | 1.90% | 57,576 | $28.6M | Add +11.4% |
| AAPL Apple Inc. | 1.77% | 130,094 | $26.7M | Add +8.8% |
| GLD SPDR Gold Shares | 1.71% | 84,888 | $25.9M | Reduce -9.8% |
| AMZN Amazon.com Inc. | 1.67% | 114,944 | $25.2M | Add +5.1% |
| NVDA Nvidia Corp. | 1.65% | 158,019 | $25.0M | Add +31.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.48% | 307,809 | $22.4M | Reduce -0.1% |
| IEF iShares 7-10 Year Treasury B | 1.27% | 200,764 | $19.2M | Add +68.0% |
| BKNG Booking Holdings Inc. | 1.23% | 3,208 | $18.6M | Reduce -0.3% |
| IWF iShares Russell 1000 Growth | 1.15% | 40,829 | $17.3M | Reduce -0.1% |
| TSLA Tesla Inc. | 1.14% | 54,174 | $17.2M | Reduce -3.1% |
| IWD iShares Russell 1000 Value E | 1.08% | 84,393 | $16.4M | Add +0.6% |
| ISRG Intuitive Surgical Inc. | 1.06% | 29,437 | $16.0M | Add +8.3% |
| TLH iShares 10-20 Year Treasury | 0.96% | 142,200 | $14.4M | Add +0.0% |
| VXF Vanguard Extended Market ETF | 0.94% | 73,719 | $14.2M | Reduce -0.4% |
| GOOGL Alphabet Inc. Class A | 0.88% | 75,494 | $13.3M | Add +6.8% |
| META Meta Platforms Inc. Class A | 0.75% | 15,436 | $11.4M | Add +12.4% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.73% | 49,095 | $11.0M | Add +1.0% |
| XLF SS Financial Select Sector | 0.70% | 202,150 | $10.6M | Reduce -0.1% |
| XLK SS Technology Select Sector | 0.68% | 40,280 | $10.2M | Add +30.8% |
| V Visa Inc. Class A | 0.64% | 27,394 | $9.7M | Add +13.3% |
| SO The Southern Co. | 0.64% | 105,700 | $9.7M | Add +3.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.63% | 13 | $9.5M | Add +8.3% |
| EEM iShares MSCI Emerging Market | 0.60% | 189,321 | $9.1M | Add +3.3% |
| IEI iShares 3-7 Year Treasury Bo | 0.60% | 76,632 | $9.1M | Reduce -1.3% |
| IJR iShares Core S&P Small-Cap E | 0.57% | 78,172 | $8.5M | Add +3.5% |
| HD Home Depot Inc. | 0.54% | 22,293 | $8.2M | Add +180.8% |
| AVGO Broadcom Inc. | 0.49% | 26,694 | $7.4M | Add +17.1% |
| WMT Walmart Inc. | 0.47% | 73,030 | $7.1M | Add +3.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.44% | 13,777 | $6.7M | Add +14.9% |
| SYK Stryker Corp. | 0.43% | 16,298 | $6.4M | Add +29.2% |
| ACN Accenture PLC Class A | 0.42% | 21,247 | $6.4M | Add +12.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.40% | 10,897 | $6.0M | Reduce -11.1% |
| BBCA JPMorgan Betabuilders Canada | 0.40% | 74,140 | $6.0M | No change |
| BBJP JPMorgan Betabuilders Japan | 0.39% | 95,562 | $5.9M | No change |
| GOOG Alphabet Inc. Class C | 0.38% | 32,451 | $5.8M | Add +2.5% |
| JPM JPMorgan Chase & Co. | 0.37% | 19,478 | $5.6M | Add +9.2% |
| GOVT iShares US Treasury Bond ETF | 0.36% | 233,576 | $5.4M | Add +44.6% |
| JNJ Johnson & Johnson | 0.35% | 35,019 | $5.3M | Add +1.1% |
| APH Amphenol Corp. Class A | 0.35% | 53,562 | $5.3M | Reduce -20.5% |
| IAGG iShares Intl Aggregate Bond | 0.35% | 102,432 | $5.2M | No change |
| FISV Fiserv Inc. | 0.34% | 30,029 | $5.2M | Add +29.9% |
| ADP Automatic Data Processing | 0.34% | 16,664 | $5.1M | Reduce -2.8% |
| QCOM Qualcomm Inc. | 0.33% | 31,675 | $5.0M | Add +5.3% |
| UCON First Trust Smith Unconstrai | 0.33% | 202,658 | $5.0M | Reduce -0.2% |
| ICE Intercontinental Exchange Inc. | 0.33% | 27,491 | $5.0M | Add +1.3% |
| LIN Linde PLC | 0.33% | 10,750 | $5.0M | Add +1.6% |
| SLV iShares Silver Trust | 0.33% | 152,176 | $5.0M | Reduce -9.6% |
| MELI MercadoLibre Inc. | 0.33% | 1,909 | $5.0M | Add +0.9% |
| BAND Bandwidth Inc. Class A | 0.32% | 300,371 | $4.8M | Reduce 0.0% |
| MRK Merck & Co. Inc. | 0.31% | 59,171 | $4.7M | Add +13.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.31% | 15,845 | $4.7M | Add +3.7% |
| BND Vanguard Total Bond Market | 0.31% | 63,280 | $4.7M | Reduce -4.0% |
| ITW Illinois Tool Works | 0.29% | 17,930 | $4.4M | Add +0.1% |
| DHR Danaher Corp. | 0.29% | 22,122 | $4.4M | Add +7.5% |
| MSI Motorola Solutions Inc. | 0.29% | 10,273 | $4.3M | Reduce -1.0% |
| SHW The Sherwin-Williams Co. | 0.28% | 12,535 | $4.3M | Add +0.4% |
| IVV iShares Core S&P 500 ETF | 0.28% | 6,845 | $4.3M | Add +0.8% |
| FDX FedEx Corp. | 0.27% | 18,133 | $4.1M | Add +3.3% |
| TMO Thermo Fisher Scientific Inc. | 0.27% | 10,134 | $4.1M | Add +19.4% |
| FAST Fastenal Co. | 0.27% | 97,116 | $4.1M | Reduce -9.7% |
| CHKP Check Point Software Tech | 0.27% | 18,244 | $4.0M | Reduce -10.5% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.27% | 14,169 | $4.0M | Add +0.5% |
| ROP Roper Technologies Inc. | 0.27% | 7,077 | $4.0M | Reduce -0.6% |
| INTU Intuit Inc. | 0.26% | 5,035 | $4.0M | Add +122.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 12,827 | $3.9M | Reduce -1.8% |
| EXPD Expeditors Intl Wash Inc. | 0.26% | 34,009 | $3.9M | Add +1.3% |
| KO The Coca-Cola Co. | 0.24% | 51,770 | $3.7M | Add +81.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.24% | 8,232 | $3.6M | Reduce -0.1% |
| CHD Church & Dwight Co. Inc. | 0.24% | 37,051 | $3.6M | Reduce -0.6% |
| SHY iShares 1-3 Year Treasury Bo | 0.23% | 42,234 | $3.5M | Add +16.9% |
| ESGD iShares Trust iShares ESG Aw | 0.23% | 38,439 | $3.4M | Add +1.8% |
| IVLU iShares MSCI International V | 0.22% | 101,900 | $3.4M | Add +0.0% |
| ACWI iShares MSCI Acwi ETF | 0.22% | 26,005 | $3.3M | Reduce -3.6% |
| IJH iShares Core S&P Midcap ETF | 0.22% | 53,824 | $3.3M | Reduce -18.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 25,714 | $3.2M | Add +2.0% |
| MA Mastercard Inc. Class A | 0.21% | 5,597 | $3.1M | Add +10.6% |
| LOW Lowe's Cos Inc. | 0.20% | 13,362 | $3.0M | Add +7.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.19% | 26,418 | $2.9M | Reduce -4.1% |
| LLY Eli Lilly & Co. | 0.19% | 3,588 | $2.8M | Add +1.6% |
| IWY iShares Russell Top 200 Grow | 0.18% | 11,323 | $2.8M | Reduce -12.5% |
| PG The Procter & Gamble Co. | 0.18% | 17,279 | $2.8M | Add +17.6% |
| VNQ Vanguard Real Estate ETF | 0.18% | 30,862 | $2.7M | Reduce -2.3% |
| COST Costco Wholesale Corp. | 0.18% | 2,763 | $2.7M | Add +5.7% |
| UBER Uber Technologies Inc. | 0.18% | 28,778 | $2.7M | Add +27.2% |
| ORCL Oracle Corp. | 0.17% | 12,093 | $2.6M | Add +8.3% |
| XOM Exxon Mobil Corp. | 0.17% | 24,396 | $2.6M | Add +13.5% |
| BSCP Invesco Bulletshares 2025 CB | 0.17% | 124,055 | $2.6M | Reduce -3.4% |
| XLC SS Comm Select Sector SPDR | 0.16% | 22,565 | $2.4M | Add +255.7% |
| SHLD Global X Defense Tech ETF | 0.16% | 40,032 | $2.4M | Reduce -0.1% |
| IEMG iShares Core MSCI Emerging | 0.16% | 40,076 | $2.4M | Reduce -17.0% |
| CSCO Cisco Systems Inc. | 0.16% | 34,192 | $2.4M | Add +5.5% |
| PLTR Palantir Technologies Inc. Class A | 0.16% | 17,310 | $2.4M | Add +13.3% |
| FBTC Fidelity Wise Origin Bitcoin | 0.15% | 24,193 | $2.3M | Add +77.3% |
Options reported separately and not counted above: SPY calls ($1.1M), SPY puts ($149K).
Portfolio Sells Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -16.8% | 4.41% | −1.22 |
| GLD SPDR Gold Shares | Reduce -9.8% | 1.71% | −0.40 |
| IWB iShares Russell 1000 ETF | Reduce -0.4% | 2.79% | −0.18 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -1.3% | 0.60% | −0.11 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -0.1% | 1.48% | −0.09 |
| CHKP Check Point Software Tech | Reduce -10.5% | 0.27% | −0.09 |
| CHD Church & Dwight Co. Inc. | Reduce -0.6% | 0.24% | −0.08 |
| XLF SS Financial Select Sector | Reduce -0.1% | 0.70% | −0.08 |
| IJH iShares Core S&P Midcap ETF | Reduce -18.0% | 0.22% | −0.08 |
| SLV iShares Silver Trust | Reduce -9.6% | 0.33% | −0.07 |
| XLI SS Industrial Select Sector | Reduce -64.4% | 0.04% | −0.07 |
| BND Vanguard Total Bond Market | Reduce -4.0% | 0.31% | −0.07 |
| ADP Automatic Data Processing | Reduce -2.8% | 0.34% | −0.07 |
| MSI Motorola Solutions Inc. | Reduce -1.0% | 0.29% | −0.07 |
| ROP Roper Technologies Inc. | Reduce -0.6% | 0.27% | −0.06 |
| UCON First Trust Smith Unconstrai | Reduce -0.2% | 0.33% | −0.06 |
| FAST Fastenal Co. | Reduce -9.7% | 0.27% | −0.05 |
| VXF Vanguard Extended Market ETF | Reduce -0.4% | 0.94% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -11.1% | 0.40% | −0.05 |
| IEMG iShares Core MSCI Emerging | Reduce -17.0% | 0.16% | −0.04 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -4.1% | 0.19% | −0.04 |
| VNQ Vanguard Real Estate ETF | Reduce -2.3% | 0.18% | −0.04 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -3.4% | 0.17% | −0.04 |
| CVX Chevron Corp. | Reduce -9.2% | 0.07% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -5.9% | 0.15% | −0.03 |
| TLT iShares 20+ Year Treasury BD | Reduce -2.9% | 0.13% | −0.03 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.03 |
| IWY iShares Russell Top 200 Grow | Reduce -12.5% | 0.18% | −0.03 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.03 |
| BSCQ Invesco Bulletshares 2026 CB | Reduce -3.1% | 0.12% | −0.03 |
| SDVY First Trust Smid Cap Rising | Reduce -6.8% | 0.12% | −0.02 |
| ACWI iShares MSCI Acwi ETF | Reduce -3.6% | 0.22% | −0.02 |
| BBAX JPMorgan Betabuilders Develo | Reduce -9.1% | 0.14% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.8% | 0.26% | −0.02 |
| ADC Agree Realty Corp. | Sold out | 0.00% | −0.02 |
| RLTY Cohen & Steers RL Est Opprt | Sold out | 0.00% | −0.02 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.02 |
| UNP Union Pacific Corp. | Reduce -6.6% | 0.06% | −0.02 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.02 |
| CPAY Corpay Inc. | Sold out | 0.00% | −0.02 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.02 |
| REGN Regeneron Pharmaceuticals | Sold out | 0.00% | −0.02 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.02 |
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −0.02 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.02 |
| PGR Progressive Corp. | Reduce -0.7% | 0.06% | −0.02 |
| VDE Vanguard Energy ETF | Sold out | 0.00% | −0.02 |
| EPRT Essential Properties Realty | Sold out | 0.00% | −0.02 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.02 |
| CDC Victoryshares US Eq Income E | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +31.0% | 1.65% | +0.64 |
| VEA Vanguard Ftse Developed ETF | Add +22.5% | 3.41% | +0.50 |
| MSFT Microsoft Corp. | Add +11.4% | 1.90% | +0.39 |
| IEF iShares 7-10 Year Treasury B | Add +68.0% | 1.27% | +0.39 |
| HD Home Depot Inc. | Add +180.8% | 0.54% | +0.31 |
| AVGO Broadcom Inc. | Add +17.1% | 0.49% | +0.19 |
| XLK SS Technology Select Sector | Add +30.8% | 0.68% | +0.18 |
| INTU Intuit Inc. | Add +122.0% | 0.26% | +0.15 |
| JMTG Mortgage-Backed Securities | New | 0.14% | +0.14 |
| META Meta Platforms Inc. Class A | Add +12.4% | 0.75% | +0.14 |
| RKLB Rocket Lab Corp. | New | 0.12% | +0.12 |
| CASY Casey's General Stores Inc. | New | 0.12% | +0.12 |
| XLC SS Comm Select Sector SPDR | Add +255.7% | 0.16% | +0.11 |
| IFRA iShares US Infrastructure | New | 0.11% | +0.11 |
| ANET Arista Networks Inc. | Add +337.5% | 0.14% | +0.11 |
| CTAS Cintas Corp. | Add +457.0% | 0.13% | +0.10 |
| URI United Rentals Inc. | Add +203.4% | 0.14% | +0.10 |
| KO The Coca-Cola Co. | Add +81.9% | 0.24% | +0.08 |
| FBTC Fidelity Wise Origin Bitcoin | Add +77.3% | 0.15% | +0.07 |
| IGM iShares Expanded Tech Sector | New | 0.07% | +0.07 |
| UNM Unum Group | New | 0.07% | +0.07 |
| VIS Vanguard Industrials ETF | New | 0.07% | +0.07 |
| GOVT iShares US Treasury Bond ETF | Add +44.6% | 0.36% | +0.07 |
| SYK Stryker Corp. | Add +29.2% | 0.43% | +0.06 |
| XLV SS Health Care Select Sector | Add +163.6% | 0.12% | +0.06 |
| SJM The JM Smucker Co. | New | 0.06% | +0.06 |
| PLTR Palantir Technologies Inc. Class A | Add +13.3% | 0.16% | +0.06 |
| ORCL Oracle Corp. | Add +8.3% | 0.17% | +0.05 |
| AMZN Amazon.com Inc. | Add +5.1% | 1.67% | +0.05 |
| UBER Uber Technologies Inc. | Add +27.2% | 0.18% | +0.05 |
| MELI MercadoLibre Inc. | Add +0.9% | 0.33% | +0.04 |
| POWL Powell Industries Inc. | New | 0.04% | +0.04 |
| D Dominion Energy Inc. | Add +293.1% | 0.06% | +0.04 |
| IWM iShares Russell 2000 ETF | Add +54.9% | 0.13% | +0.04 |
| PEP Pepsico Inc. | Add +126.2% | 0.10% | +0.04 |
| ULTA Ulta Beauty Inc. | New | 0.04% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +15.2% | 0.14% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +9.2% | 0.37% | +0.03 |
| XJUN FT Vest U.S. Equity Enhance | New | 0.03% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +6.8% | 0.88% | +0.03 |
| SDY SS SPDR S&P Dividend ETF | New | 0.03% | +0.03 |
| SCZ iShares MSCI Eafe Small-Cap | Add +48.4% | 0.10% | +0.03 |
| JJSF J & J Snack Foods Corp. | New | 0.03% | +0.03 |
| MCHP Microchip Technology Inc. | New | 0.03% | +0.03 |
| PDD PDD Holdings Inc. | New | 0.03% | +0.03 |
| GE General Electric | Add +21.6% | 0.12% | +0.03 |
| COF Capital One Financial Corp. | Add +94.9% | 0.06% | +0.03 |
| GEV GE Vernova Inc. | Add +28.1% | 0.06% | +0.03 |
| IWR iShares Russell Mid-Cap ETF | New | 0.03% | +0.03 |
| BBEU JPMorgan Betabuilders Europe | Add +51.7% | 0.09% | +0.03 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -26.1% | 15,000 | $1.1M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +68.7% | 11,300 | $149K |
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 |