Kestra Investment Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 5, 2026), Kestra Investment Management, LLC reported 519 stock positions worth $5.2 billion. Its top holding was iShares Core S&P U.S. Value (IUSV) at 9.5% of the portfolio, followed by SS SPDR P S&P 500 Growth ETF (SPYG, 6.7%) and Vanguard Ftse All-World Ex-U (VEU, 5.3%). Compared with Q1 2026, it opened 121 new positions, sold out of 42, added to 165 and reduced 224. The biggest buy was iShares Core S&P U.S. Value (IUSV, shares +15%) and the biggest sale Vanguard Ftse Emerging Marke (VWO, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001962449
- Portfolio Value
- $5.2B (Q2 2026)
- SEC Filing
- 0001962449-26-000004 ↗ filed Aug 5, 2026
Holdings Value
Holdings 519 stocks · $5.2B
| IUSV iShares Core S&P U.S. Value | 9.53% | 4,464,120 | $491.7M | Add +14.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 6.73% | 2,920,221 | $347.5M | Reduce -18.4% |
| VEU Vanguard Ftse All-World Ex-U | 5.29% | 3,263,559 | $273.3M | Reduce -32.5% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 4.77% | 5,336,406 | $246.3M | Reduce -30.2% |
| IUSG iShares Core S&P U.S. Growth | 4.02% | 1,322,967 | $207.7M | Add +16.7% |
| AVEM Avantis Emerging Markets Eq | 3.52% | 1,885,486 | $181.9M | Reduce -38.2% |
| DFIV Dimensional International Va | 2.70% | 2,576,518 | $139.2M | Reduce -36.0% |
| VXF Vanguard Extended Market ETF | 2.63% | 550,893 | $135.6M | Add +8.4% |
| CGGR Cap Group Growth Equity | 2.58% | 2,824,513 | $133.3M | Reduce -25.9% |
| QUAL iShares MSCI USA Quality Fac | 2.52% | 593,900 | $130.3M | Reduce -36.2% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 2.42% | 2,530,961 | $124.7M | Reduce -23.3% |
| VGIT Vanguard Intermediate-Term T | 2.17% | 1,895,511 | $111.8M | Reduce -36.7% |
| DIHP Dimensional International Hi | 2.03% | 3,071,494 | $104.8M | Reduce -40.2% |
| PAVE Global X US Infrastructure | 1.88% | 1,646,301 | $97.0M | Reduce -38.9% |
| FTEC Fidelity MSCI Info Tech Indx | 1.79% | 323,063 | $92.3M | Reduce -41.0% |
| DEM Wisdomtree Emerging Markets | 1.75% | 1,677,279 | $90.2M | Reduce -12.2% |
| DFIC Dimensional International Co. | 1.61% | 2,234,347 | $83.3M | Reduce -12.6% |
| VWOB Vanguard Emerg MKTS Gov BND | 1.60% | 1,229,693 | $82.7M | Add +16.9% |
| FSMD Fidelity Small-Mid Multifact | 1.47% | 1,439,993 | $76.1M | Add +17.0% |
| BINC iShares Flex I A ETF-Usd Inc. | 1.42% | 1,401,838 | $73.4M | Reduce -23.7% |
| IVE iShares S&P 500 Value ETF | 1.39% | 315,993 | $71.7M | Reduce -39.3% |
| MLN Vaneck Long Muni ETF | 1.37% | 3,967,998 | $70.6M | Add +22.0% |
| TOTL SS Doubleline TR Tact ETF | 1.29% | 1,688,835 | $66.7M | Reduce -14.8% |
| MUB iShares National Muni Bond E | 1.29% | 616,563 | $66.4M | Reduce -32.7% |
| BNDX Vanguard Total Intl Bond ETF | 1.25% | 1,337,537 | $64.8M | Reduce -38.2% |
| STIP iShares 0-5 Year Tips Bond E | 1.24% | 627,164 | $64.1M | Reduce -32.1% |
| SPTI SS SPDR P Int Term TSY ETF | 1.15% | 2,096,996 | $59.5M | Reduce -26.9% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.12% | 1,144,888 | $57.9M | Add +4.2% |
| DFAI Dimensional International Co. | 1.00% | 1,246,705 | $51.4M | Reduce -31.0% |
| LRGF iShares US Equity Factor ETF | 0.96% | 656,588 | $49.7M | Reduce -31.9% |
| ONEY SS SPDR R1000 Yield Foc ETF | 0.94% | 376,930 | $48.3M | Add +7.4% |
| FDVV Fidelity High Dividend ETF | 0.81% | 692,813 | $41.8M | Reduce -13.5% |
| IAGG iShares Intl Aggregate Bond | 0.79% | 804,432 | $40.7M | Add +9.3% |
| VMBS Vanguard Mortgage-Backed Sec | 0.78% | 859,919 | $40.3M | Add +23.5% |
| XEMD Bondbloxx-JPM Usd Em MK 1-10 | 0.77% | 879,172 | $39.5M | Add +74.2% |
| MBB iShares MBS ETF | 0.72% | 395,483 | $37.4M | Reduce -27.4% |
| INTF iShares International Equity | 0.61% | 768,961 | $31.5M | Reduce -10.9% |
| NVDA Nvidia Corp. | 0.60% | 154,521 | $30.9M | Reduce -7.5% |
| CGCP Cap Group Core Plus Income | 0.60% | 1,386,767 | $30.9M | Reduce -30.8% |
| JPIB JPMorgan Intl BND ETF | 0.50% | 534,010 | $25.8M | Reduce -19.5% |
| JMBS Janus Henderson Mortg Backed | 0.50% | 573,031 | $25.8M | Reduce -17.7% |
| XFIV Bondbloxx BBG 5 YR US Treas | 0.49% | 517,038 | $25.2M | Reduce -19.2% |
| CGMM Cap Group Small and Mid Cap | 0.48% | 744,539 | $24.5M | Reduce -30.9% |
| AAPL Apple Inc. | 0.45% | 79,480 | $23.0M | Reduce -4.4% |
| AVLV Avantis US Large Cap Value | 0.44% | 247,841 | $22.6M | Add +12.7% |
| CGIB Cap Group Intl Bond HDG | 0.43% | 877,172 | $22.4M | Reduce -30.2% |
| SCHO Schwab Short-Term US Treas | 0.42% | 891,421 | $21.5M | Reduce -26.2% |
| MSFT Microsoft Corp. | 0.41% | 57,275 | $21.4M | Reduce -3.2% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.40% | 483,526 | $20.5M | Reduce -32.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.39% | 246,644 | $19.9M | Add +903.8% |
| GOOGL Alphabet Inc. Class A | 0.36% | 52,468 | $18.8M | Add +38.5% |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | 0.35% | 337,014 | $18.1M | Add +30.4% |
| DFUS Dimensional US Eq MKT ETF | 0.29% | 182,065 | $14.9M | Reduce -27.9% |
| AVUS Avantis U.S. Equity ETF | 0.28% | 113,808 | $14.6M | Reduce -28.4% |
| DFSD Dimensional Short Duration | 0.26% | 278,096 | $13.3M | Add +31.9% |
| AMZN Amazon.com Inc. | 0.23% | 50,362 | $12.0M | Add +47.3% |
| MUNI PIMCO Intermediate Municipal | 0.23% | 224,493 | $11.8M | Add +18.9% |
| AVIG Avantis Core Fixed Income | 0.23% | 284,724 | $11.8M | Add +26.5% |
| AVUV Avantis US Small Cap Value | 0.21% | 85,683 | $10.7M | Reduce -36.8% |
| VSDM Vanguard Short Tax-Ex Bond | 0.21% | 139,319 | $10.7M | New |
| PAAA Pgim Aaa Clo ETF | 0.20% | 202,779 | $10.4M | Add +31.7% |
| JPM JPMorgan Chase & Co. | 0.20% | 31,368 | $10.3M | Add +34.6% |
| MU Micron Technology Inc. | 0.19% | 8,471 | $9.8M | Reduce -55.2% |
| AMAT Applied Materials Inc. | 0.19% | 13,273 | $9.6M | Add +122.6% |
| AVGO Broadcom Inc. | 0.18% | 25,117 | $9.5M | Add +9.8% |
| DFCF Dimensional Core Fixed Inc. | 0.17% | 205,463 | $8.7M | Reduce -38.8% |
| CGSD Cap Group Short Duration | 0.17% | 336,049 | $8.6M | Add +40.0% |
| META Meta Platforms Inc. Class A | 0.15% | 14,019 | $7.9M | Add +39.3% |
| INFL Horizon Kinetics Infl Benef | 0.15% | 155,518 | $7.8M | Add +6.2% |
| AVDV Avantis Intl S/C Value ETF | 0.15% | 72,937 | $7.5M | Reduce -36.8% |
| IVV iShares Core S&P 500 ETF | 0.14% | 9,837 | $7.4M | Add +31.1% |
| DELL Dell Technologies -C | 0.13% | 15,834 | $6.8M | Reduce -3.0% |
| DFAS Dimensional US Small Cap ETF | 0.13% | 81,423 | $6.7M | Add +39.9% |
| VOO Vanguard S&P 500 ETF | 0.12% | 8,999 | $6.2M | Add +4.7% |
| CSCO Cisco Systems Inc. | 0.12% | 51,908 | $6.1M | Reduce -13.7% |
| QCOM Qualcomm Inc. | 0.11% | 30,602 | $5.7M | Reduce -43.3% |
| TTC Toro Co. | 0.11% | 55,960 | $5.5M | New |
| DUHP Dimensional US High Profi Et | 0.10% | 128,485 | $5.4M | Reduce -35.2% |
| JNJ Johnson & Johnson | 0.10% | 20,960 | $5.3M | Add +14.2% |
| FDX FedEx Corp. | 0.10% | 16,951 | $5.3M | Add +81.3% |
| MS Morgan Stanley | 0.10% | 25,022 | $5.2M | Add +1418.3% |
| PM Philip Morris International | 0.10% | 27,270 | $4.9M | Reduce -6.6% |
| THC Tenet Healthcare Corp. | 0.10% | 26,366 | $4.9M | Add +20.1% |
| QRVO Qorvo Inc. | 0.09% | 52,098 | $4.9M | Reduce -17.5% |
| NTAP Netapp Inc. | 0.09% | 30,803 | $4.8M | Add +28.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.09% | 12,270 | $4.5M | Add +2.3% |
| AMP Ameriprise Financial Inc. | 0.08% | 9,544 | $4.4M | Add +173.4% |
| GOOG Alphabet Inc. Class C | 0.08% | 12,252 | $4.3M | Add +12.6% |
| TSLA Tesla Inc. | 0.08% | 10,209 | $4.3M | Reduce -2.6% |
| CAIE Calamos Autocallable Inc. ETF | 0.08% | 151,202 | $4.1M | Reduce -10.1% |
| KEYS Keysight Technologies Inc. | 0.08% | 11,174 | $3.9M | Reduce -13.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.07% | 38,428 | $3.7M | Reduce -1.7% |
| ROST Ross Stores Inc. | 0.07% | 17,398 | $3.7M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.07% | 7,285 | $3.6M | Add +12.5% |
| USB US Bancorp | 0.07% | 60,277 | $3.6M | Add +28.4% |
| SFD Smithfield Foods Inc. | 0.07% | 149,357 | $3.6M | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.07% | 41,733 | $3.6M | Add +66.3% |
| DG Dollar General Corp. | 0.07% | 29,610 | $3.4M | Reduce -5.7% |
| BWA Borgwarner Inc. | 0.07% | 51,285 | $3.4M | Reduce -10.2% |
| UPS United Parcel Service Class B | 0.07% | 31,426 | $3.4M | Add +20.1% |
Portfolio Sells Q1 2026 → Q2 2026
| VWO Vanguard Ftse Emerging Marke | Reduce -99.5% | 0.01% | −1.55 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -30.2% | 4.77% | −1.32 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -32.5% | 5.29% | −0.97 |
| DFIV Dimensional International Va | Reduce -36.0% | 2.70% | −0.97 |
| VGIT Vanguard Intermediate-Term T | Reduce -36.7% | 2.17% | −0.91 |
| DIHP Dimensional International Hi | Reduce -40.2% | 2.03% | −0.82 |
| AVEM Avantis Emerging Markets Eq | Reduce -38.2% | 3.52% | −0.72 |
| QUAL iShares MSCI USA Quality Fac | Reduce -36.2% | 2.52% | −0.55 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -38.2% | 1.25% | −0.54 |
| IVE iShares S&P 500 Value ETF | Reduce -39.3% | 1.39% | −0.51 |
| PAVE Global X US Infrastructure | Reduce -38.9% | 1.88% | −0.48 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -32.1% | 1.24% | −0.41 |
| MUB iShares National Muni Bond E | Reduce -32.7% | 1.29% | −0.39 |
| SPTI SS SPDR P Int Term TSY ETF | Reduce -26.9% | 1.15% | −0.26 |
| BINC iShares Flex I A ETF-Usd Inc. | Reduce -23.7% | 1.42% | −0.22 |
| DFAI Dimensional International Co. | Reduce -31.0% | 1.00% | −0.22 |
| FTEC Fidelity MSCI Info Tech Indx | Reduce -41.0% | 1.79% | −0.18 |
| CGCP Cap Group Core Plus Income | Reduce -30.8% | 0.60% | −0.17 |
| MBB iShares MBS ETF | Reduce -27.4% | 0.72% | −0.17 |
| LRGF iShares US Equity Factor ETF | Reduce -31.9% | 0.96% | −0.14 |
| CGIB Cap Group Intl Bond HDG | Reduce -30.2% | 0.43% | −0.11 |
| JHG Janus Henderson Group PLC | Sold out | 0.00% | −0.09 |
| SCHO Schwab Short-Term US Treas | Reduce -26.2% | 0.42% | −0.09 |
| DFCF Dimensional Core Fixed Inc. | Reduce -38.8% | 0.17% | −0.08 |
| CGMM Cap Group Small and Mid Cap | Reduce -30.9% | 0.48% | −0.07 |
| TOTL SS Doubleline TR Tact ETF | Reduce -14.8% | 1.29% | −0.07 |
| CGGR Cap Group Growth Equity | Reduce -25.9% | 2.58% | −0.06 |
| XFIV Bondbloxx BBG 5 YR US Treas | Reduce -19.2% | 0.49% | −0.06 |
| AVDV Avantis Intl S/C Value ETF | Reduce -36.8% | 0.15% | −0.05 |
| AVUV Avantis US Small Cap Value | Reduce -36.8% | 0.21% | −0.05 |
| JPIB JPMorgan Intl BND ETF | Reduce -19.5% | 0.50% | −0.05 |
| VAL Valaris Ltd. | Sold out | 0.00% | −0.05 |
| JMBS Janus Henderson Mortg Backed | Reduce -17.7% | 0.50% | −0.04 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -89.5% | 0.01% | −0.04 |
| COR Cencora Inc. | Sold out | 0.00% | −0.04 |
| PCTY Paylocity Holding Corp. | Sold out | 0.00% | −0.04 |
| ITT Itt Inc. | Sold out | 0.00% | −0.03 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -68.8% | 0.02% | −0.03 |
| MDT Medtronic PLC | Reduce -70.9% | 0.01% | −0.03 |
| WBS Webster Financial Corp. | Sold out | 0.00% | −0.03 |
| MTN Vail Resorts Inc. | Sold out | 0.00% | −0.02 |
| INTU Intuit Inc. | Reduce -32.0% | 0.02% | −0.02 |
| AVUS Avantis U.S. Equity ETF | Reduce -28.4% | 0.28% | −0.02 |
| DUHP Dimensional US High Profi Et | Reduce -35.2% | 0.10% | −0.02 |
| DINO HF Sinclair Corp. | Reduce -86.9% | 0.00% | −0.02 |
| CHWY Chewy Inc. Class A | Reduce -10.5% | 0.06% | −0.02 |
| LNG Cheniere Energy Inc. | Reduce -40.9% | 0.03% | −0.02 |
| DFUS Dimensional US Eq MKT ETF | Reduce -27.9% | 0.29% | −0.02 |
| FMC FMC Corp. | Sold out | 0.00% | −0.02 |
| LYB Lyondellbasell Indu Class A | Reduce -9.5% | 0.04% | −0.02 |
Portfolio Buys Q1 2026 → Q2 2026
| IUSV iShares Core S&P U.S. Value | Add +14.7% | 9.53% | +2.66 |
| IUSG iShares Core S&P U.S. Growth | Add +16.7% | 4.02% | +0.99 |
| VXF Vanguard Extended Market ETF | Add +8.4% | 2.63% | +0.82 |
| FSMD Fidelity Small-Mid Multifact | Add +17.0% | 1.47% | +0.53 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +16.9% | 1.60% | +0.41 |
| MLN Vaneck Long Muni ETF | Add +22.0% | 1.37% | +0.39 |
| XEMD Bondbloxx-JPM Usd Em MK 1-10 | Add +74.2% | 0.77% | +0.38 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +903.8% | 0.39% | +0.35 |
| VMBS Vanguard Mortgage-Backed Sec | Add +23.5% | 0.78% | +0.22 |
| ONEY SS SPDR R1000 Yield Foc ETF | Add +7.4% | 0.94% | +0.21 |
| VSDM Vanguard Short Tax-Ex Bond | New | 0.21% | +0.21 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +4.2% | 1.12% | +0.18 |
| GOOGL Alphabet Inc. Class A | Add +38.5% | 0.36% | +0.18 |
| IAGG iShares Intl Aggregate Bond | Add +9.3% | 0.79% | +0.15 |
| AMAT Applied Materials Inc. | Add +122.6% | 0.19% | +0.15 |
| AVLV Avantis US Large Cap Value | Add +12.7% | 0.44% | +0.13 |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | Add +30.4% | 0.35% | +0.12 |
| AMZN Amazon.com Inc. | Add +47.3% | 0.23% | +0.11 |
| TTC Toro Co. | New | 0.11% | +0.11 |
| MS Morgan Stanley | Add +1418.3% | 0.10% | +0.10 |
| DFSD Dimensional Short Duration | Add +31.9% | 0.26% | +0.08 |
| JPM JPMorgan Chase & Co. | Add +34.6% | 0.20% | +0.08 |
| ROST Ross Stores Inc. | New | 0.07% | +0.07 |
| SFD Smithfield Foods Inc. | New | 0.07% | +0.07 |
| AVIG Avantis Core Fixed Income | Add +26.5% | 0.23% | +0.07 |
| PAAA Pgim Aaa Clo ETF | Add +31.7% | 0.20% | +0.07 |
| HAL Halliburton Co. | New | 0.06% | +0.06 |
| AVGO Broadcom Inc. | Add +9.8% | 0.18% | +0.06 |
| CGSD Cap Group Short Duration | Add +40.0% | 0.17% | +0.06 |
| MUNI PIMCO Intermediate Municipal | Add +18.9% | 0.23% | +0.06 |
| DFAS Dimensional US Small Cap ETF | Add +39.9% | 0.13% | +0.06 |
| IVV iShares Core S&P 500 ETF | Add +31.1% | 0.14% | +0.06 |
| AMP Ameriprise Financial Inc. | Add +173.4% | 0.08% | +0.06 |
| META Meta Platforms Inc. Class A | Add +39.3% | 0.15% | +0.05 |
| NTAP Netapp Inc. | Add +28.1% | 0.09% | +0.05 |
| AMD Advanced Micro Devices | Add +172.7% | 0.05% | +0.05 |
| FDX FedEx Corp. | Add +81.3% | 0.10% | +0.05 |
| FHN First Horizon Corp. | New | 0.04% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +66.3% | 0.07% | +0.04 |
| WTS Watts Water Technologies-A | Add +186.5% | 0.04% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +4.7% | 0.12% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +12.6% | 0.08% | +0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +54.6% | 0.06% | +0.03 |
| ADP Automatic Data Processing | Add +173.2% | 0.04% | +0.03 |
| A Agilent Technologies Inc. | New | 0.03% | +0.03 |
| USB US Bancorp | Add +28.4% | 0.07% | +0.03 |
| UNH Unitedhealth Group Inc. | Add +60.5% | 0.04% | +0.03 |
| DMAX iShares LG Cap Max Buff Dec | New | 0.03% | +0.03 |
| JNJ Johnson & Johnson | Add +14.2% | 0.10% | +0.03 |
| TDC Teradata Corp. | Add +57.5% | 0.04% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 519 | $5.2B | IUSV, SPYG, VEU, IUSB, IUSG |
| Q1 2026 | 439 | $5.8B | IUSV, VEU, IUSB, SPYG, AVEM |
| Q4 2025 | 429 | $4.1B | IUSV, SPYG, IUSB, VEU, IUSG |
| Q3 2025 | 433 | $3.7B | IUSV, SPYG, IUSB, VEU, QUAL |
| Q2 2025Amended | 721 | $3.3B | IUSV, SPYG, IUSB, VEU, QUAL |
| Q1 2025Amended | 897 | $5.2B | IUSV, IUSB, SPYG, VEU, QUAL |
| Q4 2024 | 1,152 | $2.5B | IUSV, SPYG, IUSB, IUSG, QUAL |
| Q3 2024 | 337 | $2.3B | IUSV, IUSB, SPYG, IUSG, VEU |
| Q2 2024 | 98 | $1.5B | IUSV, IUSB, SPYG, IUSG, QUAL |