Keudell/Morrison Wealth Management
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 6, 2026), Keudell/Morrison Wealth Management reported 231 stock positions worth $475.8 million. Its top holding was TCW Flexible Income ETF (FLXR) at 9.9% of the portfolio, followed by Schwab US DVD Equity ETF (SCHD, 9.2%) and Vanguard Emerg MKTS Gov BND (VWOB, 4.2%).
- Most Recent 13F
- Q2 2026
- Location
- Salem, OR
- CIK
- 0001785498
- Portfolio Value
- $475.8M (Q4 2025)
- SEC Filing
- 0002085853-26-000218 ↗ filed Feb 6, 2026
Holdings Value
Holdings 231 stocks · $475.8M
| FLXR TCW Flexible Income ETF | 9.86% | 1,184,988 | $46.9M | — |
| SCHD Schwab US DVD Equity ETF | 9.20% | 1,595,818 | $43.8M | — |
| VWOB Vanguard Emerg MKTS Gov BND | 4.16% | 293,514 | $19.8M | — |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 4.12% | 433,575 | $19.6M | — |
| DFAC Dimensional US Core Equity 2 | 3.76% | 452,125 | $17.9M | — |
| AAPL Apple Inc. | 3.75% | 65,575 | $17.8M | — |
| HEQT Simplify Hedged Equity ETF | 3.48% | 517,138 | $16.6M | — |
| DEXC Dimensional Em Ex Cce ETF | 2.75% | 216,004 | $13.1M | — |
| TPYP Tortoise North American Pipe | 2.29% | 309,157 | $10.9M | — |
| VYM Vanguard High DVD Yield ETF | 2.25% | 74,511 | $10.7M | — |
| MSFT Microsoft Corp. | 2.01% | 19,787 | $9.6M | — |
| GOOG Alphabet Inc. Class C | 1.93% | 29,301 | $9.2M | — |
| LVHI Franklin International Low V | 1.86% | 241,000 | $8.9M | — |
| VNQ Vanguard Real Estate ETF | 1.86% | 100,090 | $8.9M | — |
| JMUB JPMorgan Municipal ETF | 1.83% | 172,577 | $8.7M | — |
| AMZN Amazon.com Inc. | 1.66% | 34,122 | $7.9M | — |
| SCHG Schwab US Large-Cap Growth | 1.25% | 182,825 | $6.0M | — |
| CGHM Cap Group Muni High-Income | 1.18% | 219,909 | $5.6M | — |
| LLY Eli Lilly & Co. | 1.16% | 5,149 | $5.5M | — |
| XOM Exxon Mobil Corp. | 0.97% | 38,301 | $4.6M | — |
| ABBV Abbvie Inc. | 0.96% | 19,963 | $4.6M | — |
| VDE Vanguard Energy ETF | 0.94% | 35,558 | $4.5M | — |
| XLK SS Technology Select Sector | 0.91% | 30,196 | $4.3M | — |
| V Visa Inc. Class A | 0.84% | 11,400 | $4.0M | — |
| NVDA Nvidia Corp. | 0.83% | 21,128 | $3.9M | — |
| GOOGL Alphabet Inc. Class A | 0.82% | 12,412 | $3.9M | — |
| QQQ Invesco QQQ Trust Series 1 | 0.81% | 6,262 | $3.8M | — |
| LRCX Lam Research Corp. | 0.75% | 20,753 | $3.6M | — |
| CAT Caterpillar Inc. | 0.72% | 5,983 | $3.4M | — |
| HD Home Depot Inc. | 0.67% | 9,227 | $3.2M | — |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.67% | 29,726 | $3.2M | — |
| RTX RTX Corp. | 0.66% | 17,209 | $3.2M | — |
| PM Philip Morris International | 0.62% | 18,440 | $3.0M | — |
| JPM JPMorgan Chase & Co. | 0.60% | 8,884 | $2.9M | — |
| USB US Bancorp | 0.60% | 53,527 | $2.9M | — |
| CVX Chevron Corp. | 0.57% | 17,687 | $2.7M | — |
| QCOM Qualcomm Inc. | 0.51% | 14,207 | $2.4M | — |
| VZ Verizon Communications Inc. | 0.46% | 53,295 | $2.2M | — |
| SYK Stryker Corp. | 0.45% | 6,105 | $2.1M | — |
| META Meta Platforms Inc. Class A | 0.44% | 3,142 | $2.1M | — |
| GILD Gilead Sciences Inc. | 0.41% | 16,022 | $2.0M | — |
| NKE Nike Inc. Class B | 0.41% | 30,312 | $1.9M | — |
| VIG Vanguard Dividend Apprec ETF | 0.39% | 8,503 | $1.9M | — |
| JNJ Johnson & Johnson | 0.38% | 8,722 | $1.8M | — |
| ORCL Oracle Corp. | 0.38% | 9,257 | $1.8M | — |
| DGRO iShares Core Dividend Growth | 0.38% | 25,924 | $1.8M | — |
| ELV Elevance Health Inc. | 0.37% | 5,033 | $1.8M | — |
| AMGN Amgen Inc. | 0.37% | 5,356 | $1.8M | — |
| MO Altria Group Inc. | 0.37% | 30,321 | $1.7M | — |
| CRM Salesforce Inc. | 0.36% | 6,555 | $1.7M | — |
| T AT&T Inc. | 0.34% | 64,430 | $1.6M | — |
| AVGO Broadcom Inc. | 0.33% | 4,481 | $1.6M | — |
| COST Costco Wholesale Corp. | 0.32% | 1,757 | $1.5M | — |
| BRK.B Berkshire Hathaway Inc. Class B | 0.31% | 2,910 | $1.5M | — |
| ASML ASML Holding NV-NY Reg SHS | 0.29% | 1,310 | $1.4M | — |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.29% | 27,304 | $1.4M | — |
| LTC LTC Properties Inc. filed as LTC PPTYS INC | 0.29% | 39,689 | $1.4M | — |
| LHX L3HARRIS Technologies Inc. | 0.28% | 4,600 | $1.4M | — |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.28% | 4,543 | $1.3M | — |
| MRK Merck & Co. Inc. | 0.28% | 12,657 | $1.3M | — |
| FLTR Vaneck Ig Floating Rate ETF | 0.26% | 49,023 | $1.2M | — |
| BMY Bristol-Myers Squibb Co. | 0.26% | 23,109 | $1.2M | — |
| DVY iShares Select Dividend ETF | 0.25% | 8,449 | $1.2M | — |
| SMH Vaneck Semiconductor ETF | 0.25% | 3,290 | $1.2M | — |
| CSCO Cisco Systems Inc. | 0.24% | 15,005 | $1.2M | — |
| EFA iShares MSCI Eafe ETF | 0.24% | 11,738 | $1.1M | — |
| WMT Walmart Inc. | 0.24% | 10,072 | $1.1M | — |
| VWO Vanguard Ftse Emerging Marke | 0.23% | 20,570 | $1.1M | — |
| IWO iShares Russell 2000 Growth | 0.23% | 3,399 | $1.1M | — |
| SBUX Starbucks Corp. | 0.22% | 12,559 | $1.1M | — |
| PLTR Palantir Technologies Inc. Class A | 0.22% | 5,889 | $1.0M | — |
| WFC Wells Fargo & Co. | 0.22% | 11,227 | $1.0M | — |
| O Realty Income Corp. | 0.22% | 18,394 | $1.0M | — |
| ENB Enbridge Inc. | 0.22% | 21,529 | $1.0M | — |
| VIGI Vanguard Int Div App Indx FD | 0.21% | 10,769 | $985K | — |
| TTE Totalenergies SE | 0.19% | 14,075 | $921K | — |
| MAR Marriott International Class A | 0.19% | 2,959 | $918K | — |
| INTC Intel Corp. | 0.19% | 24,587 | $907K | — |
| GLDM SPDR Gold Minishares Trust | 0.19% | 10,442 | $891K | — |
| PG The Procter & Gamble Co. | 0.19% | 6,213 | $890K | — |
| NFLX Netflix Inc. | 0.18% | 9,369 | $878K | — |
| RSP Invesco S&P 500 Equal Weight | 0.18% | 4,584 | $878K | — |
| GLD SPDR Gold Shares | 0.18% | 2,122 | $841K | — |
| OKE Oneok Inc. | 0.17% | 11,307 | $831K | — |
| LMT Lockheed Martin Corp. | 0.17% | 1,713 | $829K | — |
| CRWD CrowdStrike Holdings Inc. Class A | 0.17% | 1,729 | $810K | — |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.17% | 1,653 | $806K | — |
| TXN Texas Instruments Inc. | 0.17% | 4,639 | $805K | — |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.17% | 1,172 | $799K | — |
| UNH Unitedhealth Group Inc. | 0.17% | 2,412 | $796K | — |
| BA The Boeing Co. | 0.17% | 3,621 | $786K | — |
| ADBE Adobe Inc. | 0.16% | 2,161 | $756K | — |
| DUK Duke Energy Corp. | 0.16% | 6,360 | $745K | — |
| VYMI Vanguard Int High DVD YLD Inc. | 0.16% | 8,210 | $739K | — |
| BIV Vanguard Intermediate-Term B | 0.16% | 9,483 | $739K | — |
| KO The Coca-Cola Co. | 0.15% | 10,288 | $719K | — |
| PFN PIMCO Income Strategy FD II | 0.15% | 93,690 | $703K | — |
| NGG National Grid PLC-SP ADR | 0.15% | 9,050 | $700K | — |
| SO The Southern Co. | 0.14% | 7,849 | $684K | — |
| BTI British American Tob-SP ADR | 0.14% | 11,908 | $674K | — |
Other holdings (1): bonds, preferreds, convertibles and warrants · $79K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | 80,000 | $79K | — |
Total filed on the 13F, all lines: $475.9M.
Portfolio Sells Q4 2025
No earlier filing to compare with.
Portfolio Buys Q4 2025
No earlier filing to compare with.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 254 | $529.1M | SCHD, FLXR, DFAC, VWOB, AAPL |
| Q1 2026 | 245 | $489.0M | SCHD, FLXR, DFAC, VWOB, FNDF |
| Q4 2025 | 231 | $475.8M | FLXR, SCHD, VWOB, FNDF, DFAC |
| Q2 2025 | 228 | $450.7M | FLTR, FLBL, SCHD, FNDF, VYM |
| Q1 2025 | 218 | $424.0M | FLBL, FLTR, HEQT, SCHD, FNDF |
| Q4 2024 | 220 | $383.7M | SCHD, FNDF, FLBL, VYM, AAPL |
| Q3 2024 | 219 | $368.4M | FNDF, SCHD, VYM, BIV, AAPL |
| Q2 2024 | 206 | $341.8M | BIV, VYM, SCHD, DFAC, AAPL |
| Q1 2024 | 204 | $330.4M | BIV, VYM, DFAC, SCHD, VWOB |