Keel Point, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed December 16, 2025), Keel Point, LLC reported 526 stock positions worth $1.6 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 17.0% of the portfolio, followed by Netflix (NFLX, 4.9%) and SS SPDR S&P 500 ETF Trust-US (SPY, 3.8%). Compared with Q2 2025, it opened 45 new positions, sold out of 31, added to 217 and reduced 227. 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 −15%).
- Most Recent 13F
- Q2 2026
- Location
- HUNTSVILLE, AL
- CIK
- 0001386935
- Portfolio Value
- $1.6B (Q3 2025)
- SEC Filing
- 0001386935-25-000007 ↗ filed Dec 16, 2025
Holdings Value
Holdings 526 stocks · $1.6B
| VOO Vanguard S&P 500 ETF | 17.00% | 450,932 | $276.1M | Add +10.9% |
| NFLX Netflix Inc. | 4.90% | 66,349 | $79.5M | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.76% | 91,744 | $61.1M | Reduce -15.0% |
| VEA Vanguard Ftse Developed ETF | 3.55% | 963,241 | $57.7M | Add +6.7% |
| AGG iShares Core U.S. Aggregate | 2.84% | 460,998 | $46.2M | Add +9.5% |
| IWB iShares Russell 1000 ETF | 2.81% | 124,893 | $45.6M | Add +0.5% |
| EFA iShares MSCI Eafe ETF | 2.27% | 395,348 | $36.9M | Reduce -0.6% |
| NVDA Nvidia Corp. | 2.13% | 185,051 | $34.5M | Add +17.1% |
| AAPL Apple Inc. | 2.07% | 132,034 | $33.6M | Add +1.5% |
| GLD SPDR Gold Shares | 1.98% | 90,682 | $32.2M | Add +6.8% |
| MSFT Microsoft Corp. | 1.84% | 57,722 | $29.9M | Add +0.3% |
| AMZN Amazon.com Inc. | 1.57% | 116,027 | $25.5M | Add +0.9% |
| TSLA Tesla Inc. | 1.50% | 54,791 | $24.4M | Add +1.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.49% | 308,289 | $24.2M | Add +0.2% |
| IEF iShares 7-10 Year Treasury B | 1.21% | 203,092 | $19.6M | Add +1.2% |
| IWF iShares Russell 1000 Growth | 1.20% | 41,762 | $19.6M | Add +2.3% |
| BKNG Booking Holdings Inc. | 1.07% | 3,231 | $17.4M | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 1.07% | 71,300 | $17.3M | Reduce -5.6% |
| IWD iShares Russell 1000 Value E | 1.04% | 83,351 | $17.0M | Reduce -1.2% |
| VXF Vanguard Extended Market ETF | 0.98% | 75,938 | $15.9M | Add +3.0% |
| TLH iShares 10-20 Year Treasury | 0.90% | 142,277 | $14.7M | Add +0.1% |
| ISRG Intuitive Surgical Inc. | 0.80% | 29,124 | $13.0M | Reduce -1.1% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.74% | 48,967 | $12.0M | Reduce -0.3% |
| XLK SS Technology Select Sector | 0.70% | 40,189 | $11.3M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 0.69% | 15,162 | $11.1M | Reduce -1.8% |
| EEM iShares MSCI Emerging Market | 0.64% | 193,692 | $10.3M | Add +2.3% |
| SO The Southern Co. | 0.62% | 106,934 | $10.1M | Add +1.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.60% | 13 | $9.8M | No change |
| V Visa Inc. Class A | 0.58% | 27,507 | $9.4M | Add +0.4% |
| IEI iShares 3-7 Year Treasury Bo | 0.58% | 78,514 | $9.4M | Add +2.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.57% | 15,554 | $9.3M | Add +42.7% |
| AVGO Broadcom Inc. | 0.56% | 27,435 | $9.1M | Add +2.8% |
| HD Home Depot Inc. | 0.55% | 21,978 | $8.9M | Reduce -1.4% |
| XLF SS Financial Select Sector | 0.53% | 160,962 | $8.7M | Reduce -20.4% |
| IJR iShares Core S&P Small-Cap E | 0.50% | 69,010 | $8.2M | Reduce -11.7% |
| GOOG Alphabet Inc. Class C | 0.49% | 33,012 | $8.0M | Add +1.7% |
| WMT Walmart Inc. | 0.47% | 74,071 | $7.6M | Add +1.4% |
| BBJP JPMorgan Betabuilders Japan | 0.46% | 113,270 | $7.5M | Add +18.5% |
| SLV iShares Silver Trust | 0.43% | 163,201 | $6.9M | Add +7.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.41% | 13,179 | $6.6M | Reduce -4.3% |
| JNJ Johnson & Johnson | 0.40% | 34,843 | $6.5M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 0.39% | 19,853 | $6.3M | Add +1.9% |
| APH Amphenol Corp. Class A | 0.37% | 49,061 | $6.1M | Reduce -8.4% |
| SYK Stryker Corp. | 0.37% | 16,185 | $6.0M | Reduce -0.7% |
| ACN Accenture PLC Class A | 0.35% | 22,828 | $5.6M | Add +7.4% |
| IAGG iShares Intl Aggregate Bond | 0.34% | 108,985 | $5.6M | Add +6.4% |
| BBCA JPMorgan Betabuilders Canada | 0.34% | 63,560 | $5.5M | Reduce -14.3% |
| UCON First Trust Smith Unconstrai | 0.34% | 219,601 | $5.5M | Add +8.4% |
| QCOM Qualcomm Inc. | 0.32% | 31,530 | $5.2M | Reduce -0.5% |
| IVV iShares Core S&P 500 ETF | 0.32% | 7,796 | $5.2M | Add +13.9% |
| MRK Merck & Co. Inc. | 0.31% | 60,823 | $5.1M | Add +2.8% |
| LIN Linde PLC | 0.31% | 10,585 | $5.0M | Reduce -1.5% |
| BAND Bandwidth Inc. Class A | 0.31% | 300,376 | $5.0M | Add +0.0% |
| TMO Thermo Fisher Scientific Inc. | 0.31% | 10,298 | $5.0M | Add +1.6% |
| ACWI iShares MSCI Acwi ETF | 0.30% | 34,729 | $4.8M | Add +33.5% |
| FAST Fastenal Co. | 0.30% | 97,823 | $4.8M | Add +0.7% |
| ADP Automatic Data Processing | 0.29% | 16,327 | $4.8M | Reduce -2.0% |
| ITW Illinois Tool Works | 0.29% | 17,902 | $4.7M | Reduce -0.2% |
| MSI Motorola Solutions Inc. | 0.29% | 10,202 | $4.7M | Reduce -0.7% |
| ICE Intercontinental Exchange Inc. | 0.28% | 27,399 | $4.6M | Reduce -0.3% |
| BND Vanguard Total Bond Market | 0.28% | 61,086 | $4.5M | Reduce -3.5% |
| MELI MercadoLibre Inc. | 0.27% | 1,905 | $4.5M | Reduce -0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 15,610 | $4.4M | Reduce -1.5% |
| SHW The Sherwin-Williams Co. | 0.27% | 12,461 | $4.3M | Reduce -0.6% |
| GOVT iShares US Treasury Bond ETF | 0.27% | 186,515 | $4.3M | Reduce -20.1% |
| DHR Danaher Corp. | 0.27% | 21,714 | $4.3M | Reduce -1.8% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.26% | 14,557 | $4.3M | Add +2.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 12,845 | $4.2M | Add +0.1% |
| FBTC Fidelity Wise Origin Bitcoin | 0.26% | 42,145 | $4.2M | Add +74.2% |
| EXPD Expeditors Intl Wash Inc. | 0.26% | 33,919 | $4.2M | Reduce -0.3% |
| FISV Fiserv Inc. | 0.25% | 31,315 | $4.0M | Add +4.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.25% | 8,372 | $4.0M | Add +1.7% |
| CHKP Check Point Software Tech | 0.23% | 18,372 | $3.8M | Add +0.7% |
| ROP Roper Technologies Inc. | 0.23% | 7,463 | $3.7M | Add +5.5% |
| ORCL Oracle Corp. | 0.23% | 13,020 | $3.7M | Add +7.7% |
| ESGD iShares Trust iShares ESG Aw | 0.22% | 38,439 | $3.6M | No change |
| CHD Church & Dwight Co. Inc. | 0.21% | 38,195 | $3.3M | Add +3.1% |
| KO The Coca-Cola Co. | 0.20% | 49,913 | $3.3M | Reduce -3.6% |
| LOW Lowe's Cos Inc. | 0.20% | 12,976 | $3.3M | Reduce -2.9% |
| PLTR Palantir Technologies Inc. Class A | 0.20% | 17,560 | $3.2M | Add +1.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.20% | 38,256 | $3.2M | Reduce -9.4% |
| MA Mastercard Inc. Class A | 0.19% | 5,528 | $3.1M | Reduce -1.2% |
| IWY iShares Russell Top 200 Grow | 0.19% | 11,287 | $3.1M | Reduce -0.3% |
| VNQ Vanguard Real Estate ETF | 0.18% | 32,724 | $3.0M | Add +6.0% |
| XOM Exxon Mobil Corp. | 0.18% | 26,093 | $2.9M | Add +7.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.18% | 25,643 | $2.9M | Reduce -0.3% |
| SHLD Global X Defense Tech ETF | 0.18% | 41,116 | $2.9M | Add +2.7% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.17% | 25,480 | $2.8M | Reduce -3.5% |
| IJH iShares Core S&P Midcap ETF | 0.17% | 43,427 | $2.8M | Reduce -19.3% |
| UBER Uber Technologies Inc. | 0.17% | 28,458 | $2.8M | Reduce -1.1% |
| LLY Eli Lilly & Co. | 0.17% | 3,609 | $2.8M | Add +0.6% |
| ABBV Abbvie Inc. | 0.17% | 11,868 | $2.7M | Reduce -0.7% |
| QUAL iShares MSCI USA Quality Fac | 0.17% | 13,818 | $2.7M | Add +37.0% |
| IEMG iShares Core MSCI Emerging | 0.16% | 40,640 | $2.7M | Add +1.4% |
| ANET Arista Networks Inc. | 0.16% | 18,380 | $2.7M | Reduce -10.1% |
| PG The Procter & Gamble Co. | 0.16% | 17,166 | $2.6M | Reduce -0.7% |
| BSCP Invesco Bulletshares 2025 CB | 0.16% | 125,267 | $2.6M | Add +1.0% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.16% | 50,399 | $2.6M | Add +20.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.16% | 9,048 | $2.5M | Reduce -2.3% |
| COST Costco Wholesale Corp. | 0.16% | 2,725 | $2.5M | Reduce -1.4% |
Options reported separately and not counted above: SPY calls ($1.1M), SPY puts ($105K).
Portfolio Sells Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -15.0% | 3.76% | −0.65 |
| ISRG Intuitive Surgical Inc. | Reduce -1.1% | 0.80% | −0.26 |
| FDX FedEx Corp. | Reduce -85.2% | 0.04% | −0.23 |
| XLF SS Financial Select Sector | Reduce -20.4% | 0.53% | −0.17 |
| INTU Intuit Inc. | Reduce -46.1% | 0.11% | −0.15 |
| IVLU iShares MSCI International V | Reduce -57.4% | 0.09% | −0.13 |
| GOVT iShares US Treasury Bond ETF | Reduce -20.1% | 0.27% | −0.09 |
| EFA iShares MSCI Eafe ETF | Reduce -0.6% | 2.27% | −0.08 |
| XLC SS Comm Select Sector SPDR | Reduce -47.0% | 0.09% | −0.07 |
| XLV SS Health Care Select Sector | Reduce -62.7% | 0.04% | −0.07 |
| META Meta Platforms Inc. Class A | Reduce -1.8% | 0.69% | −0.07 |
| IJR iShares Core S&P Small-Cap E | Reduce -11.7% | 0.50% | −0.06 |
| SYK Stryker Corp. | Reduce -0.7% | 0.37% | −0.06 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.06 |
| MELI MercadoLibre Inc. | Reduce -0.2% | 0.27% | −0.06 |
| BBCA JPMorgan Betabuilders Canada | Reduce -14.3% | 0.34% | −0.05 |
| DFSU Dimensional US Sus CORE1 ETF | Sold out | 0.00% | −0.05 |
| PEP Pepsico Inc. | Reduce -54.0% | 0.04% | −0.05 |
| ICE Intercontinental Exchange Inc. | Reduce -0.3% | 0.28% | −0.05 |
| IJH iShares Core S&P Midcap ETF | Reduce -19.3% | 0.17% | −0.05 |
| ADP Automatic Data Processing | Reduce -2.0% | 0.29% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -33.7% | 0.10% | −0.04 |
| POWL Powell Industries Inc. | Sold out | 0.00% | −0.04 |
| XLE SS Energy Select Sector | Reduce -32.1% | 0.08% | −0.04 |
| IWD iShares Russell 1000 Value E | Reduce -1.2% | 1.04% | −0.04 |
| KO The Coca-Cola Co. | Reduce -3.6% | 0.20% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -1.5% | 0.27% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -9.4% | 0.20% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.3% | 0.41% | −0.04 |
| FTNT Fortinet Inc. | Reduce -61.4% | 0.01% | −0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.03 |
| DIS The Walt Disney Co. | Reduce -0.3% | 0.18% | −0.03 |
| DFSI Dimensional Int Sus COR1 ETF | Sold out | 0.00% | −0.03 |
| JJSF J & J Snack Foods Corp. | Sold out | 0.00% | −0.03 |
| URI United Rentals Inc. | Reduce -32.8% | 0.11% | −0.03 |
| BND Vanguard Total Bond Market | Reduce -3.5% | 0.28% | −0.03 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.03 |
| CRM Salesforce Inc. | Reduce -5.5% | 0.09% | −0.03 |
| TBIL F/M US Treasury 3 Month Bill | Sold out | 0.00% | −0.03 |
| CMG Chipotle Mexican Grill Inc. | Reduce -5.6% | 0.04% | −0.03 |
| ZTS Zoetis Inc. | Reduce -37.8% | 0.03% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -1.4% | 0.16% | −0.03 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.02 |
| LIN Linde PLC | Reduce -1.5% | 0.31% | −0.02 |
| DHR Danaher Corp. | Reduce -1.8% | 0.27% | −0.02 |
| DT Dynatrace Inc. | Sold out | 0.00% | −0.02 |
| GBDC Golub Capital BDC Inc. | Reduce -54.2% | 0.02% | −0.02 |
| ADBE Adobe Inc. | Reduce -14.1% | 0.06% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -25.4% | 0.03% | −0.02 |
| ELV Elevance Health Inc. | Reduce -40.6% | 0.02% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| VOO Vanguard S&P 500 ETF | Add +10.9% | 17.00% | +1.71 |
| NVDA Nvidia Corp. | Add +17.1% | 2.13% | +0.47 |
| TSLA Tesla Inc. | Add +1.1% | 1.50% | +0.36 |
| AAPL Apple Inc. | Add +1.5% | 2.07% | +0.30 |
| GLD SPDR Gold Shares | Add +6.8% | 1.98% | +0.27 |
| QQQ Invesco QQQ Trust Series 1 | Add +42.7% | 0.57% | +0.18 |
| VEA Vanguard Ftse Developed ETF | Add +6.7% | 3.55% | +0.15 |
| KBWB Invesco KBW Bank ETF | New | 0.12% | +0.12 |
| GOOG Alphabet Inc. Class C | Add +1.7% | 0.49% | +0.11 |
| FBTC Fidelity Wise Origin Bitcoin | Add +74.2% | 0.26% | +0.11 |
| SLV iShares Silver Trust | Add +7.2% | 0.43% | +0.10 |
| AGG iShares Core U.S. Aggregate | Add +9.5% | 2.84% | +0.08 |
| ACWI iShares MSCI Acwi ETF | Add +33.5% | 0.30% | +0.07 |
| BBJP JPMorgan Betabuilders Japan | Add +18.5% | 0.46% | +0.07 |
| AVGO Broadcom Inc. | Add +2.8% | 0.56% | +0.07 |
| IWF iShares Russell 1000 Growth | Add +2.3% | 1.20% | +0.06 |
| ORCL Oracle Corp. | Add +7.7% | 0.23% | +0.05 |
| QUAL iShares MSCI USA Quality Fac | Add +37.0% | 0.17% | +0.04 |
| SHV iShares 0-1 Year Treasury Bo | Add +190.0% | 0.07% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +1.4% | 0.20% | +0.04 |
| ETHE Grayscale Ethereum Staking E | New | 0.04% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +13.9% | 0.32% | +0.04 |
| ETHA iShares Ethereum Trust ETF | New | 0.04% | +0.04 |
| VXF Vanguard Extended Market ETF | Add +3.0% | 0.98% | +0.04 |
| TMO Thermo Fisher Scientific Inc. | Add +1.6% | 0.31% | +0.04 |
| BBEU JPMorgan Betabuilders Europe | Add +42.3% | 0.12% | +0.03 |
| EMB iShares JP Morgan Usd Emergi | Add +37.0% | 0.14% | +0.03 |
| EEM iShares MSCI Emerging Market | Add +2.3% | 0.64% | +0.03 |
| ETHW Bitwise Ethereum ETF | Add +101.3% | 0.05% | +0.03 |
| RKLB Rocket Lab Corp. | Add +0.4% | 0.15% | +0.03 |
| EXCHANGE TRADED CONCEPTS TRU | New | 0.03% | +0.03 |
| APP AppLovin Corp. Class A | New | 0.03% | +0.03 |
| FAST Fastenal Co. | Add +0.7% | 0.30% | +0.03 |
| BITB Bitwise Bitcoin ETF | Add +100.7% | 0.05% | +0.02 |
| XLB SS Materials Select Sector | New | 0.02% | +0.02 |
| XJUL FT Vest US Equity Enhance & | New | 0.02% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +47.4% | 0.07% | +0.02 |
| NEM Newmont Corp. | Add +4.0% | 0.07% | +0.02 |
| VT Vanguard Tot World STK ETF | Add +28.9% | 0.09% | +0.02 |
| XLY SS Consumer Disc Select Sect | Add +43.8% | 0.06% | +0.02 |
| DVN Devon Energy Corp. | New | 0.02% | +0.02 |
| RBLX Roblox Corp. Class A | New | 0.02% | +0.02 |
| JMTG Mortgage-Backed Securities | Add +20.0% | 0.16% | +0.02 |
| PPLT Abrdn Physical Platinum SHRS | Add +5.3% | 0.15% | +0.02 |
| STX Seagate Technology Holdings | New | 0.02% | +0.02 |
| DHI D.R. Horton Inc. | New | 0.02% | +0.02 |
| SHLD Global X Defense Tech ETF | Add +2.7% | 0.18% | +0.02 |
| LRCX Lam Research Corp. | Add +4.9% | 0.07% | +0.02 |
| RDDT Reddit Inc. Class A | New | 0.02% | +0.02 |
| IWB iShares Russell 1000 ETF | Add +0.5% | 2.81% | +0.02 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -8.7% | 13,700 | $1.1M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +16.8% | 13,200 | $105K |
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 |