Kestra Investment Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Kestra Investment Management, LLC reported 439 stock positions worth $5.8 billion. Its top holding was iShares Core S&P U.S. Value (IUSV) at 6.9% of the portfolio, followed by Vanguard Ftse All-World Ex-U (VEU, 6.3%) and Ishr CR Unvrse Usd BD ETF-Ui (IUSB, 6.1%). Compared with Q4 2025, it opened 96 new positions, sold out of 86, added to 203 and reduced 134. The biggest buy was Vanguard Intermediate-Term T (VGIT, shares +380%) and the biggest sale Vngrd Mrngstr MD-Cap ETF-Usd (VO, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001962449
- Portfolio Value
- $5.8B (Q1 2026)
- SEC Filing
- 0001962449-26-000002 ↗ filed May 11, 2026
Holdings Value
Holdings 439 stocks · $5.8B
| IUSV iShares Core S&P U.S. Value | 6.87% | 3,893,371 | $398.1M | Add +3.2% |
| VEU Vanguard Ftse All-World Ex-U | 6.26% | 4,836,410 | $363.2M | Add +67.5% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 6.09% | 7,645,647 | $353.2M | Add +66.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 6.04% | 3,579,192 | $350.4M | Add +36.8% |
| AVEM Avantis Emerging Markets Eq | 4.24% | 3,051,056 | $245.9M | Add +106.8% |
| DFIV Dimensional International Va | 3.66% | 4,025,407 | $212.5M | Add +64.8% |
| QUAL iShares MSCI USA Quality Fac | 3.08% | 930,665 | $178.5M | Add +13.7% |
| VGIT Vanguard Intermediate-Term T | 3.08% | 2,996,562 | $178.4M | Add +380.4% |
| IUSG iShares Core S&P U.S. Growth | 3.03% | 1,133,813 | $175.9M | Add +0.2% |
| DIHP Dimensional International Hi | 2.85% | 5,137,263 | $165.5M | Add +92.3% |
| CGGR Cap Group Growth Equity | 2.64% | 3,811,756 | $153.2M | Add +81.5% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 2.42% | 3,298,834 | $140.3M | Add +61.3% |
| PAVE Global X US Infrastructure | 2.36% | 2,695,326 | $136.9M | Add +300.0% |
| FTEC Fidelity MSCI Info Tech Indx | 1.96% | 547,277 | $113.9M | Add +96.2% |
| IVE iShares S&P 500 Value ETF | 1.90% | 520,387 | $109.9M | Add +96.4% |
| VXF Vanguard Extended Market ETF | 1.80% | 508,333 | $104.6M | New |
| BNDX Vanguard Total Intl Bond ETF | 1.79% | 2,163,059 | $103.9M | Add +180.4% |
| MUB iShares National Muni Bond E | 1.68% | 916,625 | $97.3M | Add +93.6% |
| STIP iShares 0-5 Year Tips Bond E | 1.65% | 923,635 | $95.5M | Add +346.9% |
| BINC iShares Flex I A ETF-Usd Inc. | 1.64% | 1,836,270 | $95.4M | Add +46.6% |
| DEM Wisdomtree Emerging Markets | 1.64% | 1,910,625 | $94.9M | Add +58.1% |
| DFIC Dimensional International Co. | 1.57% | 2,557,353 | $90.9M | Add +1.9% |
| VWO Vanguard Ftse Emerging Marke | 1.56% | 1,668,727 | $90.2M | Add +24411.3% |
| SPTI SS SPDR P Int Term TSY ETF | 1.42% | 2,868,259 | $82.2M | New |
| TOTL SS Doubleline TR Tact ETF | 1.36% | 1,981,354 | $78.7M | Add +27.9% |
| DFAI Dimensional International Co. | 1.21% | 1,806,176 | $70.4M | Add +64.6% |
| VWOB Vanguard Emerg MKTS Gov BND | 1.19% | 1,052,328 | $69.1M | Add +75.7% |
| LRGF iShares US Equity Factor ETF | 1.10% | 964,191 | $63.6M | Add +69.4% |
| MLN Vaneck Long Muni ETF | 0.98% | 3,251,917 | $56.7M | Add +44.9% |
| FSMD Fidelity Small-Mid Multifact | 0.95% | 1,230,588 | $55.0M | Reduce -2.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.95% | 1,098,741 | $54.8M | Add +38.5% |
| MBB iShares MBS ETF | 0.89% | 544,803 | $51.7M | Reduce -8.2% |
| CGCP Cap Group Core Plus Income | 0.77% | 2,003,929 | $44.8M | Add +23.7% |
| FDVV Fidelity High Dividend ETF | 0.76% | 801,268 | $44.3M | Add +317.9% |
| ONEY SS SPDR R1000 Yield Foc ETF | 0.73% | 350,816 | $42.1M | Reduce -3.5% |
| IAGG iShares Intl Aggregate Bond | 0.64% | 736,346 | $36.8M | New |
| INTF iShares International Equity | 0.58% | 863,114 | $33.6M | Reduce -30.9% |
| VMBS Vanguard Mortgage-Backed Sec | 0.56% | 696,072 | $32.7M | Add +0.3% |
| JPIB JPMorgan Intl BND ETF | 0.55% | 663,626 | $31.7M | New |
| CGIB Cap Group Intl Bond HDG | 0.55% | 1,256,014 | $31.7M | Add +298.9% |
| CGMM Cap Group Small and Mid Cap | 0.55% | 1,077,203 | $31.6M | Add +90.6% |
| JMBS Janus Henderson Mortg Backed | 0.54% | 696,640 | $31.5M | Add +38.7% |
| XFIV Bondbloxx BBG 5 YR US Treas | 0.54% | 639,942 | $31.5M | New |
| SCHO Schwab Short-Term US Treas | 0.51% | 1,208,324 | $29.3M | New |
| NVDA Nvidia Corp. | 0.50% | 167,142 | $29.1M | Add +13.7% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.41% | 716,897 | $23.9M | Add +91.4% |
| XEMD Bondbloxx-JPM Usd Em MK 1-10 | 0.38% | 504,648 | $22.2M | New |
| MSFT Microsoft Corp. | 0.38% | 59,166 | $21.9M | Add +122.7% |
| AAPL Apple Inc. | 0.36% | 83,101 | $21.1M | Add +19.1% |
| DFUS Dimensional US Eq MKT ETF | 0.31% | 252,541 | $17.9M | Add +94.0% |
| AVLV Avantis US Large Cap Value | 0.31% | 219,931 | $17.7M | Reduce -5.7% |
| AVUS Avantis U.S. Equity ETF | 0.30% | 158,988 | $17.7M | Add +106.8% |
| AVUV Avantis US Small Cap Value | 0.26% | 135,582 | $15.0M | Add +100.9% |
| DFCF Dimensional Core Fixed Inc. | 0.24% | 335,901 | $14.2M | New |
| DFGX Dimsnl Intr CF in ETF-Usd Inc. | 0.23% | 258,466 | $13.6M | Add +59.3% |
| AVDV Avantis Intl S/C Value ETF | 0.20% | 115,444 | $11.5M | Add +96.9% |
| GOOGL Alphabet Inc. Class A | 0.19% | 37,895 | $10.9M | Reduce -8.4% |
| DFSD Dimensional Short Duration | 0.17% | 210,864 | $10.1M | Add +49.7% |
| MUNI PIMCO Intermediate Municipal | 0.17% | 188,886 | $9.9M | Reduce -17.1% |
| AVIG Avantis Core Fixed Income | 0.16% | 225,124 | $9.4M | Reduce -12.2% |
| PAAA Pgim Aaa Clo ETF | 0.14% | 154,021 | $7.9M | New |
| INFL Horizon Kinetics Infl Benef | 0.13% | 146,401 | $7.6M | Reduce -6.6% |
| DUHP Dimensional US High Profi Et | 0.13% | 198,262 | $7.3M | Add +112.5% |
| AMZN Amazon.com Inc. | 0.12% | 34,202 | $7.1M | Reduce -31.0% |
| AVGO Broadcom Inc. | 0.12% | 22,868 | $7.1M | Reduce -11.9% |
| QCOM Qualcomm Inc. | 0.12% | 53,994 | $7.0M | Add +204.8% |
| JPM JPMorgan Chase & Co. | 0.12% | 23,296 | $6.9M | Reduce -25.0% |
| MU Micron Technology Inc. | 0.11% | 18,903 | $6.4M | Add +74.8% |
| CGSD Cap Group Short Duration | 0.11% | 240,119 | $6.2M | New |
| META Meta Platforms Inc. Class A | 0.10% | 10,065 | $5.8M | Reduce -32.9% |
| JHG Janus Henderson Group PLC | 0.09% | 102,785 | $5.3M | Add +49.2% |
| VOO Vanguard S&P 500 ETF | 0.09% | 8,597 | $5.1M | Reduce -3.8% |
| IVV iShares Core S&P 500 ETF | 0.08% | 7,505 | $4.9M | Add +14.7% |
| QRVO Qorvo Inc. | 0.08% | 63,151 | $4.9M | Add +1.5% |
| PM Philip Morris International | 0.08% | 29,185 | $4.8M | Add +32.7% |
| CSCO Cisco Systems Inc. | 0.08% | 60,171 | $4.7M | Reduce -29.5% |
| JNJ Johnson & Johnson | 0.08% | 18,357 | $4.5M | Reduce -0.1% |
| CHWY Chewy Inc. Class A | 0.08% | 165,406 | $4.5M | Add +57.0% |
| CAIE Calamos Autocallable Inc. ETF | 0.07% | 168,151 | $4.2M | New |
| THC Tenet Healthcare Corp. | 0.07% | 21,948 | $4.1M | Add +38.0% |
| DFAS Dimensional US Small Cap ETF | 0.07% | 58,192 | $4.1M | Reduce -7.1% |
| SCHW Schwab (charles) Corp. | 0.07% | 41,499 | $3.9M | Add +36.2% |
| TSLA Tesla Inc. | 0.07% | 10,478 | $3.9M | Add +20.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 11,992 | $3.8M | Add +301.1% |
| DG Dollar General Corp. | 0.06% | 31,413 | $3.7M | Add +78.0% |
| NRG NRG Energy Inc. | 0.06% | 25,211 | $3.7M | Add +0.8% |
| KEYS Keysight Technologies Inc. | 0.06% | 12,899 | $3.6M | New |
| DFAC Dimensional US Core Equity 2 | 0.06% | 92,851 | $3.6M | Add +64.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.06% | 39,089 | $3.5M | Add +11.2% |
| FDX FedEx Corp. | 0.06% | 9,350 | $3.3M | Add +674.6% |
| LYB Lyondellbasell Indu Class A | 0.06% | 40,962 | $3.3M | Add +45.6% |
| GOOG Alphabet Inc. Class C | 0.05% | 10,880 | $3.1M | Add +18.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.05% | 6,478 | $3.1M | Reduce -38.2% |
| BWA Borgwarner Inc. | 0.05% | 57,129 | $3.1M | New |
| VZ Verizon Communications Inc. | 0.05% | 60,944 | $3.1M | Reduce -11.9% |
| ADSK Autodesk Inc. | 0.05% | 12,395 | $3.0M | Reduce -27.7% |
| LVS Las Vegas Sands Corp. | 0.05% | 54,130 | $2.9M | Add +34.6% |
| TFSL TFS Financial Corp. | 0.05% | 203,968 | $2.9M | Reduce -4.9% |
| PFE Pfizer Inc. | 0.05% | 101,867 | $2.9M | New |
| NYT New York Times Co. Class A | 0.05% | 33,472 | $2.8M | Add +33.8% |
Portfolio Sells Q4 2025 → Q1 2026
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -98.1% | 0.03% | −2.30 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -98.7% | 0.02% | −1.85 |
| USIG iShares Broad Usd Investment | Reduce -99.4% | 0.01% | −1.28 |
| IGLB iShares 10+ Year Inv GR Corp. | Reduce -97.9% | 0.02% | −1.13 |
| MTUM iShares MSCI USA Momentum Fa | Sold out | 0.00% | −0.86 |
| HYDB iShares High Yield Systemati | Reduce -97.8% | 0.01% | −0.61 |
| INTF iShares International Equity | Reduce -30.9% | 0.58% | −0.57 |
| MBB iShares MBS ETF | Reduce -8.2% | 0.89% | −0.49 |
| MEAR Ishrs Short Mat Muni Act ETF | Sold out | 0.00% | −0.48 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -98.6% | 0.00% | −0.46 |
| USRT iShares Core US REIT ETF | Reduce -95.8% | 0.01% | −0.43 |
| FSMD Fidelity Small-Mid Multifact | Reduce -2.1% | 0.95% | −0.41 |
| HIMU iShares High Yild Muni A ETF | Sold out | 0.00% | −0.32 |
| ONEY SS SPDR R1000 Yield Foc ETF | Reduce -3.5% | 0.73% | −0.28 |
| CGMS Cap Group US Multi-Sect Bond | Reduce -88.3% | 0.01% | −0.17 |
| AMZN Amazon.com Inc. | Reduce -31.0% | 0.12% | −0.16 |
| FBND Fidelity Total Bond ETF | Reduce -77.6% | 0.03% | −0.15 |
| DGCB Dimensional Global Credit | Sold out | 0.00% | −0.15 |
| META Meta Platforms Inc. Class A | Reduce -32.9% | 0.10% | −0.14 |
| GOOGL Alphabet Inc. Class A | Reduce -8.4% | 0.19% | −0.13 |
| JPM JPMorgan Chase & Co. | Reduce -25.0% | 0.12% | −0.13 |
| AVLV Avantis US Large Cap Value | Reduce -5.7% | 0.31% | −0.13 |
| MUNI PIMCO Intermediate Municipal | Reduce -17.1% | 0.17% | −0.12 |
| HYD Vaneck High Yield Muni ETF | Sold out | 0.00% | −0.10 |
| AVIG Avantis Core Fixed Income | Reduce -12.2% | 0.16% | −0.10 |
| AVGO Broadcom Inc. | Reduce -11.9% | 0.12% | −0.10 |
| EMHY iShares J.P. Morgan Em High | Sold out | 0.00% | −0.09 |
| SPMO Invesco S&P 500 Momentum ETF | Sold out | 0.00% | −0.09 |
| CSCO Cisco Systems Inc. | Reduce -29.5% | 0.08% | −0.08 |
| SPMB SS SPDR P Mort Back Bond ETF | Reduce -79.5% | 0.01% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -38.2% | 0.05% | −0.08 |
| DFGP Dimensional GLBL Core PL Fix | Sold out | 0.00% | −0.07 |
| ICVT iShares Convertible Bond ETF | Reduce -86.7% | 0.01% | −0.07 |
| ADSK Autodesk Inc. | Reduce -27.7% | 0.05% | −0.07 |
| AMP Ameriprise Financial Inc. | Reduce -54.9% | 0.03% | −0.07 |
| FYEE Fidelity YLD Enhan Eqty ETF | Sold out | 0.00% | −0.06 |
| TOPT iShares Top 20 US Stocks ETF | Sold out | 0.00% | −0.06 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.06 |
| PEGA Pegasystems Inc. | Reduce -17.5% | 0.04% | −0.06 |
| MAT Mattel Inc. | Sold out | 0.00% | −0.05 |
| RL Ralph Lauren Corp. | Sold out | 0.00% | −0.05 |
| MDT Medtronic PLC | Reduce -23.9% | 0.05% | −0.05 |
| VOO Vanguard S&P 500 ETF | Reduce -3.8% | 0.09% | −0.05 |
| COF Capital One Financial Corp. | Reduce -33.8% | 0.03% | −0.05 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −0.05 |
| PCTY Paylocity Holding Corp. | Reduce -13.2% | 0.04% | −0.05 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -30.2% | 0.03% | −0.04 |
| INFL Horizon Kinetics Infl Benef | Reduce -6.6% | 0.13% | −0.04 |
| AMAT Applied Materials Inc. | Reduce -49.0% | 0.04% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| VGIT Vanguard Intermediate-Term T | Add +380.4% | 3.08% | +2.16 |
| VXF Vanguard Extended Market ETF | New | 1.80% | +1.80 |
| PAVE Global X US Infrastructure | Add +300.0% | 2.36% | +1.57 |
| VWO Vanguard Ftse Emerging Marke | Add +24411.3% | 1.56% | +1.55 |
| AVEM Avantis Emerging Markets Eq | Add +106.8% | 4.24% | +1.46 |
| SPTI SS SPDR P Int Term TSY ETF | New | 1.42% | +1.42 |
| STIP iShares 0-5 Year Tips Bond E | Add +346.9% | 1.65% | +1.13 |
| VEU Vanguard Ftse All-World Ex-U | Add +67.5% | 6.26% | +1.07 |
| BNDX Vanguard Total Intl Bond ETF | Add +180.4% | 1.79% | +0.88 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +66.1% | 6.09% | +0.85 |
| DIHP Dimensional International Hi | Add +92.3% | 2.85% | +0.79 |
| DFIV Dimensional International Va | Add +64.8% | 3.66% | +0.68 |
| IAGG iShares Intl Aggregate Bond | New | 0.64% | +0.64 |
| JPIB JPMorgan Intl BND ETF | New | 0.55% | +0.55 |
| XFIV Bondbloxx BBG 5 YR US Treas | New | 0.54% | +0.54 |
| IVE iShares S&P 500 Value ETF | Add +96.4% | 1.90% | +0.52 |
| SCHO Schwab Short-Term US Treas | New | 0.51% | +0.51 |
| FDVV Fidelity High Dividend ETF | Add +317.9% | 0.76% | +0.50 |
| MUB iShares National Muni Bond E | Add +93.6% | 1.68% | +0.44 |
| FTEC Fidelity MSCI Info Tech Indx | Add +96.2% | 1.96% | +0.43 |
| XEMD Bondbloxx-JPM Usd Em MK 1-10 | New | 0.38% | +0.38 |
| CGGR Cap Group Growth Equity | Add +81.5% | 2.64% | +0.36 |
| CGIB Cap Group Intl Bond HDG | Add +298.9% | 0.55% | +0.35 |
| DEM Wisdomtree Emerging Markets | Add +58.1% | 1.64% | +0.26 |
| DFCF Dimensional Core Fixed Inc. | New | 0.24% | +0.24 |
| CGDV Cap Group Dividend Value | Add +61.3% | 2.42% | +0.24 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +75.7% | 1.19% | +0.20 |
| DFAI Dimensional International Co. | Add +64.6% | 1.21% | +0.19 |
| CGMM Cap Group Small and Mid Cap | Add +90.6% | 0.55% | +0.15 |
| PAAA Pgim Aaa Clo ETF | New | 0.14% | +0.14 |
| LRGF iShares US Equity Factor ETF | Add +69.4% | 1.10% | +0.13 |
| CGSD Cap Group Short Duration | New | 0.11% | +0.11 |
| CGGO Cap Group Global Growth | Add +91.4% | 0.41% | +0.10 |
| AVUS Avantis U.S. Equity ETF | Add +106.8% | 0.30% | +0.09 |
| AVUV Avantis US Small Cap Value | Add +100.9% | 0.26% | +0.09 |
| CAIE Calamos Autocallable Inc. ETF | New | 0.07% | +0.07 |
| DFUS Dimensional US Eq MKT ETF | Add +94.0% | 0.31% | +0.07 |
| AVDV Avantis Intl S/C Value ETF | Add +96.9% | 0.20% | +0.06 |
| MSFT Microsoft Corp. | Add +122.7% | 0.38% | +0.06 |
| KEYS Keysight Technologies Inc. | New | 0.06% | +0.06 |
| BWA Borgwarner Inc. | New | 0.05% | +0.05 |
| PFE Pfizer Inc. | New | 0.05% | +0.05 |
| FDX FedEx Corp. | Add +674.6% | 0.06% | +0.05 |
| QCOM Qualcomm Inc. | Add +204.8% | 0.12% | +0.05 |
| USB US Bancorp | New | 0.04% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +301.1% | 0.07% | +0.04 |
| UPS United Parcel Service Class B | Add +1084.7% | 0.04% | +0.04 |
| DUHP Dimensional US High Profi Et | Add +112.5% | 0.13% | +0.04 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +717.5% | 0.04% | +0.04 |
| MU Micron Technology Inc. | Add +74.8% | 0.11% | +0.03 |
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 |